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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26385354 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
Last of the V8s
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Be a bank


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February 06, 2018, 01:50:33 PM
Merited by Torque (1), FractalUniverse (1)

https://www.ft.com/content/78bf5612-0b1a-11e8-839d-41ca06376bf2
Central banks must clamp down on bitcoin and other cryptocurrencies to stop them “piggybacking” on mainstream institutions and becoming a “threat to financial stability”, the head of the Bank for International Settlements has warned.

“piggybacking”
Dakustaking76
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February 06, 2018, 01:51:02 PM

Maybe again a bulltrap.... iT isnt over yet....
milkshock100
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February 06, 2018, 01:52:13 PM

We have lift off
Torque
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February 06, 2018, 01:53:09 PM

“piggybacking”

I highly doubt that Bitcoin is being leveraged as collateral for, or being tied to, any other investment vehicle at this point. That may change in the future with ETFs. But for now, nada.

They are full of shit on that one.
Nosk
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February 06, 2018, 01:57:37 PM

Maybe again a bulltrap.... iT isnt over yet....

You're right, maybe it is.

(behold my mad paint skillz)



But I want to believe. Still haven't taken profit from my yesterday's long.
Dakustaking76
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February 06, 2018, 02:00:22 PM

Maybe again a bulltrap.... iT isnt over yet....

You're right, maybe it is.

(behold my mad paint skillz)



But I want to believe. Still haven't taken profit from my yesterday's long.


Still a stomache Why i didnt sell around €13k - €15k, now then my btc stack was more....
But i Dont trust Exchange sites anymore. I was on kraken Damn they had many problems with there site..
wayna
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February 06, 2018, 02:01:53 PM

After this brutal dump, we would probably need at least a couple of recovery days to believe that's all finished.

Anyway, if the price goes further lower it will be tough to not buy that dip Grin
ImI
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February 06, 2018, 02:02:18 PM
Merited by Karartma1 (5)



CCMF
Karartma1
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February 06, 2018, 02:05:50 PM



CCMF


I did not sell!

You won't have my coins.

Never

vroom
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a Cray can run an endless loop in under 4 hours


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February 06, 2018, 02:06:27 PM
Merited by Karartma1 (3)



CCMF

I missed you carolina, welcome back!
Torque
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February 06, 2018, 02:07:53 PM

After this brutal dump, we would probably need at least a couple of recovery days weeks or possible a couple months to believe that's all finished.

FTFY
El duderino_
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BTC + Crossfit, living life.


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February 06, 2018, 02:10:28 PM



CCMF


I did not sell!

You won't have my coins.

Never



They shall not have mine either only i have more not very much more cause holiday and sending fiat issue with not beeing home....... but few more ,given  me uppertunity for making new lists When This one is finisht
SecondLeoTheSecond
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February 06, 2018, 02:17:01 PM

Yes, it is not looking bad. But neither is it looking like we are finally out of the woods. Could be nothing but a glade.
Hello glade expert. I dont know wtf a glade is (an air freshener?) but you were right about it. Now can you tell us if the current chart is just another glade or is it the real deal?

Being vague helps in staying right.

But from the charts I see that this bounce is considerably more meaningful than the last one (Feb 2).
The Feb 2 minibounce had no correlation with a previously established level on the way up.
The Jan 17 bouce had one for example, the dip at Nov 30.
Our current one correlates with Nov 13. In addition the rise in volume is considerable more natural than the one a few days back. The hard bend in volume hints at few big players. The current one looks more like a mass of people deciding it might be a good idea to get back in.
In addition the price rise before the Nov 13 correlation was a lot more "reasonable", as far as one can call anything in here "reasonable". Around the 6000$ range on the way up the real shenanigangs began.

In any case I expect the short term to unfold similar to the Jan 17 bounce. From here some more up. Up there we will see. But down our next real chance of stop would be 3300. I don't expect a drop that far though. People who went in at these price ranges and havn't cashed out by the time it hits those levels again will probably not cash out when it is there. At these price ranges we're well past the hype with BTC on tap and grandma buying the coin. So the selling pressure should be much less existencial.

Edit:
Looking at the bunch of CCMFs being posted while I wrote this my inner lizard says "down it goes" Cheesy
wayna
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February 06, 2018, 02:19:44 PM

After this brutal dump, we would probably need at least a couple of recovery days weeks or possible a couple months to believe that's all finished.

FTFY
I'm probably too optimistic!!
lightfoot
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I fix broken miners. And make holes in teeth :-)


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February 06, 2018, 02:21:46 PM

Finally. Train pictures!

ivomm
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All good things to those who wait


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February 06, 2018, 02:24:00 PM



You didn't get my bitcoins succers! Still all on HW! HODOR HODL!
TERA2
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Deb Rah Von Doom


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February 06, 2018, 02:27:50 PM

The bears tried to give a national address that we urgently needed to sell at 6K. I bought instead...
Jacques_Bittard
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.


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February 06, 2018, 02:30:11 PM

I didn't come here for the cheers of bitcoiners, but for the tears of bitcoiners! I have prayed to the altar of Karhu and I'm sure that it will soon reward me with gifts.
TERA2
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Deb Rah Von Doom


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February 06, 2018, 02:33:38 PM

Wells Fargo not letting me buy GBTC.
greensheep
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February 06, 2018, 02:34:36 PM

More pain coming? Is karhu not pleased?

Karhu:

Although the gradual influence of surrounding cultures raised the significance of the sky-god in a monolatristic manner, the father god "Ukko" (Old Man) was originally just a nature spirit like all the others. Of the animals, the most sacred was the bear, whose real name was never uttered out loud, lest his kind be unfavorable to the hunting. The bear ("karhu" in Finnish) was seen as the embodiment of the forefathers, and for this reason it was called by many circumlocutions: mesikämmen ("mead-paw"), otso ("browed one"), kontio ("dweller of the land"), metsän kultaomena ("the golden apple of the forest") but not a god.
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