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

[BlindMayorBitcorn]

seems legit

[jojo69]

what the actual fuck coindesk??

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It's working OK for me, but cloudflare can be a PITA. Are you accessing it through Tor or a VPN?

Nope, and I hadn't even checked there for a couple days.

Oh well, just deleted them from my bookmarks.  If they don't want my eyeballs on their shitty propaganda rag that's fine by me.

[BlindMayorBitcorn]

[Last of the V8s]

stead your mother if you want stead

[BlindMayorBitcorn]

Steady as she goes.

[Neo_Coin]

[bitserve]

It looks like we are going to close with a nice green weekly candle. Next week is critical.

[HairyMaclairy]

It looks like we are going to close with a nice green weekly candle. Next week is critical.

I really wouldn’t worry until mid Feb.  We are on Wall Street now and financial markets need time to hit their straps.

[JayJuanGee]

Dear Bitcorn,

Hi! I know, we don't talk much anymore. I'm semi-retired, and you're big time now. But listen.

We would all be really tickled if you'd stay above $16k.

Don't want to seem ungrateful, but like jojo says, we have mouths to feed. Food for thought.

Well, yes, actually, I am o.k. if we do not necessarily stay above $16k; however, we have kind of gotten used to this newly found wealth.


I am kind of suspecting that we have decent possibilities to stay within a $14k to $18k price range, yet I get the sense that due to the ongoing level of dispute about the actual price, there could be considerable movement that will include $11k to $20k, and so in that regard, we are kind of still in a sub $20k consolidation range that remains quite large. 

Certainly, I would like to break upwards, too, or even to stay within the range, whether the more solid range is $14k to $18k or whether such more solid range is $11k to $20k.  Either way, the bitcoin price battle has not stopped, and there remains disagreement.  Bears would really love to push BTC prices down, but they are running into too much support and buying support continues to catch up and to keep up.  In the end, we are going to break above $20k, it is just a matter whether that breaking up happens within a week or if it takes a few months to accomplish.

Breaking down seems less likely than breaking up, such as 43.71497%-ish, but UP still seems the more likely with about a  56.28503% chance.. in other words, currently, up remains more likely than down.  hahahahahaha   

[ivomm]

In early 2017 noobs/trolls were wining that 1000$ is a too high price that can't be sustained. For a month or two it looked like they were right. In June they were wining that 3000$ is a too high price that can't be sustained. In August they were wining that 5000$ is a too high price that can't be sustained. In December they were wining that 10000$ is a too high price that can't be sustained. In January 2018 they are wining that 20000$ is a too high price that can't be sustained. Not hard to predict in June they WILL be wining that 50000$ is a too high price that can't be sustained and so on.

Dear trolls/noobs! The price of Bitcoin is determined by the demand and the totall supply. No matter how many alts are there and what qualities they have. They will ALWAYS be a portion of a Bitcoin!

[BlindMayorBitcorn]

there could be considerable movement that will include $11k

[JayJuanGee]

tide came in...tide goes out again....
it's not rocket science...

Exactamente.

Easy peasy.



Price goes down, buy.

Price goes up, sell.

Just don't buy everything, and just don't sell everything either - because you never wants to run out for either price direction.

What else you peeps need to know?  

[bitcoinPsycho]

This is crazy guys, this rise is parabolic. Don't you think it need to come back down and floor out.
Like how high can it possibly go before crashing? I think its now so I sold all my btc besides a few for investing with and I'll buyback in at $800 in a month from now.

lol
edit: price that day $999.99

[rjclarke2000]

Dear Bitcorn,

Hi! I know, we don't talk much anymore. I'm semi-retired, and you're big time now. But listen.

We would all be really tickled if you'd stay above $16k.

Don't want to seem ungrateful, but like jojo says, we have mouths to feed. Food for thought.

Well, yes, actually, I am o.k. if we do not necessarily stay above $16k; however, we have kind of gotten used to this newly found wealth.


I am kind of suspecting that we have decent possibilities to stay within a $14k to $18k price range, yet I get the sense that due to the ongoing level of dispute about the actual price, there could be considerable movement that will include $11k to $20k, and so in that regard, we are kind of still in a sub $20k consolidation range that remains quite large. 

Certainly, I would like to break upwards, too, or even to stay within the range, whether the more solid range is $14k to $18k or whether such more solid range is $11k to $20k.  Either way, the bitcoin price battle has not stopped, and there remains disagreement.  Bears would really love to push BTC prices down, but they are running into too much support and buying support continues to catch up and to keep up.  In the end, we are going to break above $20k, it is just a matter whether that breaking up happens within a week or if it takes a few months to accomplish.

Breaking down seems less likely than breaking up, such as 43.71497%-ish, but UP still seems the more likely with about a  56.28503% chance.. in other words, currently, up remains more likely than down.  hahahahahaha   

Can you show how you got that percentage conclusion. Thank you.

Love from,

Everyone on this thread. X

[JayJuanGee]

Dear Bitcorn,

Hi! I know, we don't talk much anymore. I'm semi-retired, and you're big time now. But listen.

We would all be really tickled if you'd stay above $16k.

Don't want to seem ungrateful, but like jojo says, we have mouths to feed. Food for thought.

Well, yes, actually, I am o.k. if we do not necessarily stay above $16k; however, we have kind of gotten used to this newly found wealth.


I am kind of suspecting that we have decent possibilities to stay within a $14k to $18k price range, yet I get the sense that due to the ongoing level of dispute about the actual price, there could be considerable movement that will include $11k to $20k, and so in that regard, we are kind of still in a sub $20k consolidation range that remains quite large. 

Certainly, I would like to break upwards, too, or even to stay within the range, whether the more solid range is $14k to $18k or whether such more solid range is $11k to $20k.  Either way, the bitcoin price battle has not stopped, and there remains disagreement.  Bears would really love to push BTC prices down, but they are running into too much support and buying support continues to catch up and to keep up.  In the end, we are going to break above $20k, it is just a matter whether that breaking up happens within a week or if it takes a few months to accomplish.

Breaking down seems less likely than breaking up, such as 43.71497%-ish, but UP still seems the more likely with about a  56.28503% chance.. in other words, currently, up remains more likely than down.  hahahahahaha   

Can you show how you got that percentage conclusion. Thank you.

Love from,

Everyone on this thread. X

Oh shit, "we" are all fucked now, because even rjclarke is playing the royal "we" card.

Just to be clear,  those numbers were pulled out of a near total contextualized assessment of BTC market dynamics accounting for historical happenings, momentum and future probabilities of a variety of events that have not yet happened, including trade volume representations, knowns, unknowns and uncertainties.

In other words, I am employing a kind of amalgoratiated "speculation" within conformity of the WO tradition.     

Makes more sense, now?  Are "we" satisfied? 

[nikauforest]

I think what is happening is BTC dominance is going to test 39%.( It broke the short term uptrend in the last day. )  But who knows. As always it is best to keep an open mind and not be religious about BTC.

Here is an updated chart. It will not be too long before money from alts flows back to BTC. Unfortunately BTC dominance looks headed a little lower before we see explosive new highs on BTC. ( I have March 23 as a new high "guess")

[El duderino_]

Just crazy story one off the noob friends i have Got into btc like 1,5 years back .... Just told me he converted all his btc into bch   thinking he Made a good move like wtf i’m Speechless what do i say to Him

[bitcoinPsycho]

Just crazy story one off the noob friends i have Got into btc like 1,5 years back .... Just told me he converted all his btc into bch   thinking he Made a good move like wtf i’m Speechless what do i say to Him

send him my condolence

[Peter R]

Just crazy story one off the noob friends i have Got into btc like 1,5 years back .... Just told me he converted all his btc into bch   thinking he Made a good move like wtf i’m Speechless what do i say to Him

Ask him what he thinks would happen if Blockstream/Core got its act together and successfully raised the block size limit for BTC [hint: it would threaten BCH's reason for existence].

I think that is unlikely, and I believe BCH is the better investment, but it is certainly possible that BTC prevails somehow despite its current problems.  I think it is very unwise to sell all of one's BTC.  I hold 3 BCH per BTC.  

[HairyMaclairy]

Yes we know you are paid in Bcash Peter.  Fuck off.