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

[Wekkel]

While we're watching this, a much larger area of carnage is emerging.

US Guvpaper meltdown continuing this morning. Contagion into stawks also.

BTC --> $30k.

https://i.imgur.com/NBRUKZj.png

Compared to this, crypto is just a firecracker in a hot pan 

[TERA2]

When Tether collapses you will feel pretty stupid for not grabbing 8K, even if btc/usd proceeded to 6K. Ive already flipped it to the point of having virtually no cost basis and dont need to be so greedy that I lose it all..

[El duderino_]

if it bounces it can go to 9300 for a short period of time

And than bounce hard and harder and harder and breaking down all them heaters smash 25k into there faces and go on with mooning  

[TeeBone]

daily RSI under 30, usually in the past when it gets this low you get a large bounce/reversal.

[LFC_Bitcoin]

$8076 on Stamp

 

[pera]

The Bitfinex wall is astonishing:

Code:

8300 1872
8250 2150
8200 3200
8150 3614
8100 4108
8050 4693
8000 5481

[JayJuanGee]

From this levels, only sell btc

You giving advices, newbie?

If you think about it, BTC already had a bit more than a 50% price correction, and currently bouncing around the 35% to 45% territory.  

Seems like a good range to buy, rather than sell, but depends how many BTC you already have.  

I don't have any yet, but I will buy at a price 6700$. Good luck

Muahahahaa.. yeah right in another life or in your dreams

Just wait and see for ur self

Quote from: JayJuanGee on January 22, 2018, 09:19:07 AM
Quote from: Gelesko on January 22, 2018, 09:14:45 AM
From this levels, only sell btc

You giving advices, newbie?

If you think about it, BTC already had a bit more than a 50% price correction, and currently bouncing around the 35% to 45% territory.  

Seems like a good range to buy, rather than sell, but depends how many BTC you already have.  
I don't have any yet, but I will buy at a price 6700$. Good luck

So who is the newbie......? Huh, who is laughing now...... Should have listened to "NEWBIE"
GOOD LUCK anyways

Largely, I don't change what I am going to do.  If the price goes down I buy, and if the price goes up I sell.

If people, including you, come out with one liners stating there is "ONLY one way" blah blah blah, then that is certainly a questionable statement, even if it ends up becoming true down the road.

If you continue to take an ONLY approach, it is likely going to take only one time out of 20 to be wrong, and you lose all your profits from the prior 20.

So, personally, I don't play like that, even if you are trying  to laud some bullshit in my face about you supposedly being right and I am supposedly wrong.

If your strategy works for you, then play such strategy.. I am not in a competition with you or any other poster, including but not limited to Terabeara..

[Enjel]

While we're watching this, a much larger area of carnage is emerging.

US Guvpaper meltdown continuing this morning. Contagion into stawks also.

BTC --> $30k.

Can you explain this? I don't follow standard economy.

The dow is doing OK, so which stocks are down?

Also, how do you measure US dollar performance?

[luckygenough56]

World is f*cked we all knoow it

the real question is : week end pump or not ?

[PaivanTreidi]

Long time follower, first post.

I'm not going to say much.

8000 will hold

10k by Monday.

ATH April 12th.

[mymenace]

While we're watching this, a much larger area of carnage is emerging.

US Guvpaper meltdown continuing this morning. Contagion into stawks also.

BTC --> $30k.

Can you explain this? I don't follow standard economy.

The dow is doing OK, so which stocks are down?

Also, how do you measure US dollar performance?

how to measure US Stocks - bonds, derivatives and CDO

[mymenace]

Long time follower, first post.

I'm not going to say much.

8000 will hold

10k by Monday.

ATH April 12th.

Right on

certainly getting the right info

[HairyMaclairy]

Wow global market cap now starts with a 3.  Cool.

[becoin]

Just dumped all my tethers. I was so worried about tether I was ready to buy back at 12K the other day. This is a steal.

You don't have tethers. You don't have bitcoins. You never had.
Don't get too excited when bitcoin price goes down and don't be too depressed when bitcoin price goes up.
Just don't forget to take your daily medications and everything will be ok.

[luckygenough56]

Long time follower, first post.

I'm not going to say much.

8000 will hold

10k by Monday.

ATH April 12th.

is there news on april 12th or is it based on some tradingview retard prediction ?

[TheRealProphet]

Hodl guys, hodl! Hodl the door for the sellers while they're leaving Titanic!

[TERA2]

Just dumped all my tethers. I was so worried about tether I was ready to buy back at 12K the other day. This is a steal.

You don't have tethers. You don't have bitcoins. You never had.
Don't get too excited when bitcoin price goes down and don't be too depressed when bitcoin price goes up.
Just don't forget to take your daily medications and everything will be ok.

There is no faster way to lose your mental health than one of these poisons "medications", except a TBI.

[rezurect007]

“Following the ad ban by Facebook, China banned advertising cryptocurrencies as well. Japan has forced local exchanges to warn about risks of cryptocurrency trading. While India announced the toughening of the regulation of the cryptocurrency market. Bitcoin can rebound, but on the upside investors will sell it in the short term,”

https://www.rt.com/business/417677-cryptocurrency-market-fall-india/

The Indian govt usually procrastinates policy as much as possible. Bureaucrats need time to figure out policy.
Zebpay, Unocoin ,Coinsecure and Koinex are india largest exchanges : I don't think their combined volume accounts for much.

There was no new regulation announced as such.
The actual news was "its not legal tender", cant use it as currency in india. But people allowed to trade it as an asset. And pay taxes on it.
All the exchanges continue to operate legally.

They announced they would look into integrating blockchain innovations.Some states seem to have tenders for integration IT projects. That is bullish in the long term.
https://www.coindesk.com/government-think-tank-to-trial-blockchain-verification-in-india/
https://inc42.com/buzz/blockchain-andhra-pradesh-covalent-fund/
https://www.cnbc.com/2017/10/10/this-indian-state-wants-to-use-blockchain-to-fight-land-ownership-fraud.html
https://www.ethnews.com/maharashtra-state-of-india-to-secure-government-data-on-blockchain

[svdleer]

The sell volume is still really insane.... Wonder when those hands are finaly empty

[toknormal]

When Tether collapses you will feel pretty stupid for not grabbing 8K, even if btc/usd proceeded to 6K. Ive already flipped it to the point of having virtually no cost basis and dont need to be so greedy that I lose it all..

That depends on whether your're trying to accumulate crypto or the ever atrophying US dollar.

If you think Tether's toxic for creating "dodgy" liquidity it's got nothing on the world's central banks who have inflated the monetary base by multiples to prop up all known markets including stocks and treasuries.

Personally I won't feel the least bit stupid for not going all in on the collapsing "fiat train", specially having lived through several of these "corrections" and survived to tell the tale