Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[JayJuanGee]

the top is in

NO way, Jose .... I mean jojo...

Funny how some posters here have a pattern of wanting to call top, and seems to me that you have been calling top since at least $7k, and probably earlier if we look back at your post history.

What a pessimist.....     

[Phil_S]

And...

[ivomm]

Based on this older post https://www.reddit.com/r/Bitcoin/comments/7fe0ax/rumor_hedge_fund_whales_to_buy_this_weekend_to/?sort=new and some newer tweeter/slack/telegram posts, it seems that some hedge whales were testing bitcoin price on coinbase in both directions (-20% to +20%) in 24 hours. They calculated how much $/BTC is needed to spend to reach certain % at the end of each working day (on the average of coinbase, gemini, kraken and bitstamp). Let's hope we will not see 4 digit price next weak and BTC will overcome these wallstreet noobs!

[TERA2]

[HairyMaclairy]

Why do people call me a bear for making calls about fibonnaci corrections before the next leg up, and such. 3 years ago I called $20K.  A real bear says things like 'single digits coming'.

1 m coming

[alexrossi]

Is possible to see if new users are actually withdrawing their coins from bithumb, etc... to keep them with their own wallet? This would be the bullish news

[HairyMaclairy]

Well you could check the order book depth if you had a Bithumb account.  But that doesn’t tell you coins held on exchange that are not committed to an ask. 

[milkshock100]

Dips don’t exist any more

[JayJuanGee]

It is like greater and greater levels of desperation   ....





OH please, please, please, I wished that BTC prices would stop going UPPITY>>>>>   Oh please!!!



 

 


In other words, we have a kind of confirmation of the bull market and that bears are getting R3ckt  - however, they trying to act like they have some future vision of DOWN... but we continue to see Up, and UP and MORE UP.

Poor lillie bearie.   

[TERA2]

new users do not know what a bitcoin 'wallet' is, or anything about how the network works or its history. its just another asset on an axchange like a stock. this is all a trade on various levels. Nobody is using btc as a currency.

[JayJuanGee]

It might take the exchanges screwing up again to really get the dump started.

Im still wanting to know how all the exchanges had a problem at once.

I want to know that sooner or later you are going to be correct in your desperate predictions of DOWN....

Maybe after we get to $40k, you are going to be correct that bitcoin prices come crashing down.. perhaps greatly, even spikes of 80%, perhaps.. that would still be a crash to about $8k-ish, no?...

[TERA2]

It might take the exchanges screwing up again to really get the dump started.

Im still wanting to know how all the exchanges had a problem at once.

I want to know that sooner or later you are going to be correct in your desperate predictions of DOWN....

Maybe after we get to $40k, you are going to be correct that bitcoin prices come crashing down.. perhaps greatly, even spikes of 80%, perhaps.. that would still be a crash to about $8k-ish, no?...

The great thing is that no matter how it goes up its still going down to at least $5K so the bounce trading action just gets better and better the higher it goes.

[AlexGR]

Dips don’t exist any more

If there is any proven strategy in btc trading (besides HODLing), it's "buy the dip".

100% success, every single time - always goes higher.

Naturally dips become smaller

[TERA2]

When dumps dont happen anymore it means its saving up for one big dump. Its like when a tsunami is coming and the ocean sucks the water way out.

[milkshock100]

Maybe we’ll See some resistance at 15k

[AlexGR]

Maybe we’ll See some resistance at 15k

See what? Coinmarketcap is over 15100

[JayJuanGee]

What a bunch of clowns

JPMorgan Switches Tact, Backs Bitcoin as New Gold
After Jamie Dimon drew a line in the sand for JPMorgan, calling it a ‘fraud,’ the company has once again stepped over that line, praising the digital coin as a ‘new gold.’ Analysts at JPMorgan believe that Bitcoin has changed its shape and that it could soon be joining gold as a reliable, long-term way to store wealth. Recent growth and recent changes have seen Bitcoin lean more towards being digital gold, and this is where JPMorgan see its value.

expecting a doubling action after the 11th

could well see 30000 with another double after that to about 70000

then KABOOM!!!

You seem to be referring to another Kaboom UP after $70k?    We better hang on, if that is reasonably in the works....

We gonna be too rich to even figure out what to do, if that is going to be the case, right?

actuality expecting a big dump with a bounce back and slow drop for 18months to  $10000

Ok..... that is fine... we should still be rich with a retrace from $70k to $10k...  but that would be about a 85% retrace, which seems a bit much of a retrace... but o.k.... it is understandable and We should be able to live with that and even prepare for that ..

I mean we are at a certain level of rich now, and if the price goes shooting up 5x or more and then comes down to where we are, then that is reasonably within the realm of outrageous expectations that is part of a quasi-immature paradigm shifting market.

[JayJuanGee]

I didnt say there has to be a movement. Just a wall. Im tired of people thinking walls are a thing of the past and that nobody owns 5k coins anymore. Im going to see a wall on there. I dont care if Donald Trump has to place the order.

What thread are we in anyway?

You seem to be living in a fantasy vision of bitcoin and extrapolating too much from the past.

Yeah, one kind of dynamic existed in the past, and that was one dominant exchange, and now days there are more than 150 exchanges.... and sure, there are less than a dozen that are most influential, but no matter what trading is more dispersed across exchanges and also across trading pairs..  including stupid ass ICOs and alt cryptos that were not as BIG of a factor 5 years ago.

[HairyMaclairy]

I am very fond of Tera but I think Tera got caught on the wrong side of the rocket today.  

[JayJuanGee]

It might take the exchanges screwing up again to really get the dump started.

Im still wanting to know how all the exchanges had a problem at once.

I want to know that sooner or later you are going to be correct in your desperate predictions of DOWN....

Maybe after we get to $40k, you are going to be correct that bitcoin prices come crashing down.. perhaps greatly, even spikes of 80%, perhaps.. that would still be a crash to about $8k-ish, no?...

The great thing is that no matter how it goes up its still going down to at least $5K so the bounce trading action just gets better and better the higher it goes.

I will agree that no matter what it is going to come down at some point, but your pulling out of your ass a number such as $5k is trying to put too much certainty upon both the extent of the upside and the extent of the downside.  There is a chance also, that we will never see $5k again, but your little prognosis does not account for that.  Furthermore, maybe you should concede that there could be some opportunity costs if you are waiting for $5k to make some kind of move, but we go to $50k or higher first, no?

I am not saying that I know the direction, but to be focusing so heavily on DOWN all of the time including when we are in the middle of a seemingly meaningful rally, seems to be that you are just disgruntled and trying to either cause HODLers to sell or to discourage them from buying.  Tell me it is not so.  


Edit:/// TLDR : ---- in other words, Tera... U B a party poop!!!!