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Question: How far will this leg take us?
$110K - 6 (7.1%)
$120K - 14 (16.7%)
$130K - 12 (14.3%)
$140K - 9 (10.7%)
$150K - 14 (16.7%)
$160K - 1 (1.2%)
$170K+ - 28 (33.3%)
Total Voters: 84

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26794693 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 1 users with 9 merit deleted.)
Last of the V8s
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February 07, 2018, 12:57:21 PM


Actually we had the most vol on any 1 hour and 2 hour candles on both stamp and BFX since the ATH. Vol is good enough for this to be the bottom.
Correct, but the relative volume to the rest of the surrounding timeframe is not distinguished enough for me to really consider this the bottom. When we hit the 7700 Level again and bump up again with a similar rise in volume things are pretty clear.
Or we go up to 9000+ on another 2billion volume.
That would be pretty clear as well.

Well, of course we need to see sustained green candles higher than red and some more green candles supported by vol. But it looks good enough so far.

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.

Re: [Pre-Sale][PreICO] Tourist zone - Forest glade
the project is closed
fabiorem
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February 07, 2018, 12:59:23 PM

Will we be the entire year around 10k? I doubt it.

If it is so, I will have to start trading gambling, selling high and buying low.
hisslyness
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February 07, 2018, 01:00:37 PM

I still will not be inclined to feel any semblance of meaningful relief regarding the bottom is in until prices get back securely above $10k.

Not sure I should be admitting this, but I'm thinking of selling another batch, for tax liabilities, as soon as it recovers back to $10k.

Whatever is left after taxes, is what I live on until the fund starts kicking in next year.

Play it safe, sorta thing. That slide from $14.5k to $11.5k took a year off my life over the stress/timing for retirement funding.

You should have moved to a TAX Friendly country before selling your BTC!
xhomerx10
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February 07, 2018, 01:01:27 PM

TL;DR The central figure of the central banks' central bank is wary about the idea of decentralised money.

How could anyone even pretend to be remotely surprised?


 Oh, I don't know....



hisslyness
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February 07, 2018, 01:07:24 PM

You should have moved to a TAX Friendly country before selling your BTC!

Fuck you. I'm a proud American.

I'm sure you are mate!

Have you resigned from work yet?
Last of the V8s
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February 07, 2018, 01:08:57 PM

'we' need to print more merits
flynn
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February 07, 2018, 01:10:11 PM

'we' need to print more merits

let's create the tetherit !
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February 07, 2018, 01:10:38 PM
Merited by Gyrsur (1)

J. Christopher Giancarlo describes HODL in the U.S. Senate Committee on Banking  ... HODL On For Dear Life - ɃItcoin .... His niece is a HODLer!

https://www.youtube.com/watch?v=HSPywOS9DWU

More and more praises for Bitcoin:

https://www.youtube.com/watch?v=2rWcVgffsjQ

https://www.youtube.com/watch?v=G16g9neqUFQ

This guy made my day!  Grin Grin Grin Grin
Ibian
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February 07, 2018, 01:15:13 PM
Merited by infofront (1)

At least ignoring people makes the page catch-up quicker.... But does no one else think some things are beyond the pale?

I just despair of a worldwide forum supposedly devoted to freedom for all being so intolerant and ignorant sometimes. I guess it's me that's the oddball looking at the shit that passes by here as 'normal' as far from it.  I have punched people for less, and yep, had the shit kicked out of me for objecting, too.  

However, I don't think advocating racism and even genocide on here is anything but abhorrent and I never will, so I can't change my spots.  

I cannot tolerate it when my forbears fought and were prepared to (and sometimes did) die to fight this, so I think I had better stop lurking here.


I  temp. unignored a few of these racists to find out what had pushed you over the edge.

None of them say anything useful about bitcoin or the price or the world. Unlike you, who occasionally...

They must have been very hurt somewhere along the line to be so rabidly, rigidly raging.

I don't argue with them, because they certainly won't change in the face of logic.

Horrified newbies will always engage them, so their cries will leak into one's feed.

Maybe we should engage those newbies with stirring little speeches rather than running away.
Protip: Everyone is racist. Just a matter of if you prefer your own kind, or others.

It is also, obviously, a necessary trait. When two groups meet and one wants to wipe the other out, and the other does not, guess who dies?

And all the emotional language you people use is a sign of weakness. It's a clear sign that that's all you have. You have no arguments, only emotional outrage. Much like a two year old.
strawbs
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February 07, 2018, 01:16:04 PM
Merited by infofront (1), Phil_S (1), BobLawblaw (1), Dunkelheit667 (1)


I retired before I was 40 thanks to crypto.  Fear not, you won't regret it. Best. Decision. Ever.

What do you do instead?
Some work is healthy for you, keeps you on your toes; it doesn't have to be a 9-5 type job.

I went back to school to study based on personal interests instead of studying something solely in order to get a job at the end.  And I'm learning music, writing, travelling and generally keeping myself busy, instead of being kept busy by an employer.

To me this sounds more like a hiatus/recharging batteries/changing life direction than a real long term retirement.
Prediction: you'll be back..sometime. Nothing wrong to work for yourself either as in owning a business.


Yeah, I agree that's what I thought it might have been too - an opportunity to recharge.  However, having now been retired for several years, I can confirm that I'll definitely not be returning to work.  I considered starting a business (again) but could find little attractive about that option.  Folk often say that they'd have to carry on working if they won the lotto, just to give themselves something to do.  To me, that seems to be the sign of a small mind - there are so many interesting things to do out there, places to visit, things to learn, people to meet, discussions to be had - all of which are so much more enjoyable when they don't have to be done in order to earn a wage.

For so many, the need to work gets in the way of being able to do or try all of those things. Work uses up so much of our time that it gets in the way of life.

Thankfully I'm in very good health and enjoy an outdoor lifestyle, which I can now pursue without having to squeeze in x hours per day at a place I don't want to be and, often, with people I don't want to be with.  Sure, early retirement isn't for everyone, I guess it depends on your personality type.

I'm also enjoying being able to help out friends and family financially and watch them pursue their own goals, which wouldn't have been possible for them without a helping hand. That makes me really happy.
Gyrsur
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Bitcoin Legal Tender Countries: 2 of 206


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February 07, 2018, 01:20:14 PM

J. Christopher Giancarlo describes HODL in the U.S. Senate Committee on Banking  ... HODL On For Dear Life - ɃItcoin .... His niece is a HODLer!

https://www.youtube.com/watch?v=HSPywOS9DWU

More and more praises for Bitcoin:

https://www.youtube.com/watch?v=2rWcVgffsjQ

https://www.youtube.com/watch?v=G16g9neqUFQ

This guy made my day!  Grin Grin Grin Grin

https://youtu.be/HSPywOS9DWU?t=1m9s

Grin Grin
Nosk
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February 07, 2018, 01:23:42 PM

Here we are, testing 7k € / 8k5$.

Pump must go on.
Last of the V8s
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February 07, 2018, 01:26:42 PM
Merited by oda.krell (1)

Mom, Mom, Uncle pulled my pipi, I want to 'wipe him out'. Angry Sad Shocked Huh Embarrassed Undecided Cry
strawbs
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February 07, 2018, 01:30:27 PM

J. Christopher Giancarlo describes HODL in the U.S. Senate Committee on Banking  ... HODL On For Dear Life - ɃItcoin .... His niece is a HODLer!

https://www.youtube.com/watch?v=HSPywOS9DWU

More and more praises for Bitcoin:

https://www.youtube.com/watch?v=2rWcVgffsjQ

https://www.youtube.com/watch?v=G16g9neqUFQ

This guy made my day!  Grin Grin Grin Grin

I thought HODL was just a typo error meaning HOLD from this forum a few years ago.  Not sure where he got Hold On For Dear Life from?
Samarkand
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February 07, 2018, 01:30:34 PM
Merited by infofront (1)

...
Yet the price of Tether haven't really crashed. BUT... what has crashed is all the crypto market which I think could be related. What if it was Tether/Bitfinex that had USDT somewhat backed.... NOT by USD but by a mix of USD, BTC and many other crypto?

If that were the case they would have been forced to liquidate those crypto assets to maintain the USDT peg stable. And, having to back more than 2 billion dollars overnight requires a lot of dumping, which causes panic and many other people dump too. Also as the price of the crypto assets go lower, more (coin units) dumping is required to extract the same value.... and there you have your doom circle.

Is that what has happened? Maybe, or at least it has been one in many factors behind the "crash".

Good post.

What if I told you that actually a Bitfinex employee (bfx_drew) (accidentally?) blurted out exactly this
a few weeks ago?



Most of us know that it is highly unlikely that institutional investors
have wired 2.2 billion $ and 85 M € to a sketchy entity like Tether.
However, it is entirely possible that Tethers are actually backed by cryptocurrencies.
E.g. exchanges like Binance make a ton of income in trading fees, but they collect
it in various altcoins and not in fiat and they surely would prefer to hold it in a stable coin
like USDT instead of random altcoins.

That this could be a problem in the event of falling prices is obvious as
@bitserve correctly pointed out in his post.


coolws
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February 07, 2018, 01:31:48 PM

As a newbie here, from my point of view, in 2017 the flippening into alt coins to get investors interest. From hedge funds to workers like me started the crazy Bitcoin business.
1. In all of the 2017, the price rises sharply but at the end of the year, big players would like to shake as many people out and away from Bitcoin then go back again. Because they already know the future is inevitable obviously and no one can stop this. What they can do are to let as less people as they can to share the cake.
2. In 2017, governments come to admit the existence of cryptocurrency and balance the environment to avoid fall behind.
3. Stocks also proved this in 2017.
Therefore, I'm optimistic enough that price would rise up to at least $10000. What we should do is to buy, buy, buy and hold, hold, hold.
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February 07, 2018, 01:31:53 PM

Hi guys i want to ask . What if i have sell orders then i cancelled it . There's a fee by doing that in binance?  Or none? Thnks.
BTCMILLIONAIRE
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February 07, 2018, 01:32:30 PM

J. Christopher Giancarlo describes HODL in the U.S. Senate Committee on Banking  ... HODL On For Dear Life - ɃItcoin .... His niece is a HODLer!

https://www.youtube.com/watch?v=HSPywOS9DWU

More and more praises for Bitcoin:

https://www.youtube.com/watch?v=2rWcVgffsjQ

https://www.youtube.com/watch?v=G16g9neqUFQ

This guy made my day!  Grin Grin Grin Grin

I thought HODL was just a typo error meaning HOLD from this forum a few years ago.  Not sure where he got Hold On For Dear Life from?
It was just a typo. Things have a tendency to take on a life of their own though, like the Ugandan Knuckles conglomerate of memes for example.
BTCMILLIONAIRE
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February 07, 2018, 01:32:45 PM

Hi guys i want to ask . What if i have sell orders then i cancelled it . There's a fee by doing that in binance?  Or none? Thnks.
No fee until your order gets triggered.
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February 07, 2018, 01:33:20 PM

Mom, Mom, Uncle pulled my pipi, I want to 'wipe him out'. Angry Sad Shocked Huh Embarrassed Undecided Cry
Cologne. Nice. Hundreds of other mass murders, thousands of promises to take over our lands, backed by action at that. And you think the problem is westerners who want to defend their people.

In war people like you are called traitors. And peace is a temporary situation.
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