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

[rhamzter]

Been busy SCUBA diving in Tahiti. Noticed the price is down a little. Locals wanting to buy from me. Me telling them I don't sell the dip. Will have to hold off on pocket money for a few.

Nice just hold and believe that price will increase sooner.

Buying now is a good idea?

Personally, I would wait for either a capitulation candle or a reversal of the MACD on the 1 day chart. It's dangerous to try to catch a falling knife. Better to wait for some solid sign of a trend reversal. Sure you will miss the bottom that way, but not by a lot, and atleast you wont get wrecked by further decline. We could easily be on our way to five or six thousand. Remember, 5k, the previous high before the run up to 20k, never got tested. All that said, buying now is definitely a better idea than not buying at all, if those were the options. Well thats my 2 satoshis anyway.

We respect any decisions, me I just want to buy some amount of coins because I know that whatever happen to cryptos it will recover for the certain time.

I know I was not too much bright in terms of prediction but I believe to my hunches.

[bluebits]

Im probably leaving the market within a week in my final distribution. AMA

My original questions were not fun, leaving is about style. NEW QUESTION DECK:


>Preferred method for swatting away the guilt of self enrichment on the backs of people who call even when shown the nuts?

>Recommended approach for those too dumb to win trading on their own yet greedy/rich enough to stick with it?

>Most reliable future indicator that ETH clowns have accepted it was all an illusion?

[TERA2]

>Preferred method for swatting away the guilt of self enrichment on the backs of people who call even when shown the nuts?

1. Im paying with my illness.
2. Were all voluntary players in the same game (most of us).
3. The latest monies are from wall street who we hate and who dont need the money.

>Recommended approach for those too dumb to win trading on their own yet greedy/rich enough to stick with it?

Start with a very small amount, like me. This is an amount that can be lost and reloaded many times. Once your skills catch on the small amount will keep growing exponentially and it wont matter where you started.

>Most reliable future indicator that ETH clowns have accepted it was all an illusion?

https://etherscan.io/accounts

[acquafredda]

I bought some decimals this morning @ market price: this buy goes directly to my personal bitcoin stash and this means increasing my BTC base. Since I got into Bitcoin I tried to have as much as I possibly could. Looking back I did pretty well but I can still do better than this. If I got BTC right no need to worry today.

[HI-TEC99]

I am a heavy smoker though. Maybe you will get a nicotine buzz.

random: I quit cold turkey almost 15 years ago. Best decision I've ever made for my life and health. Very empowering to know I had the will to pull through the withdrawal symptoms.

How long did the withdrawal symptoms last, and how bad were they?

[Last of the V8s]

Und nao ve pomp ze bitcoin cesh

[BTCMILLIONAIRE]

I am a heavy smoker though. Maybe you will get a nicotine buzz.

random: I quit cold turkey almost 15 years ago. Best decision I've ever made for my life and health. Very empowering to know I had the will to pull through the withdrawal symptoms.

How long did the withdrawal symptoms last, and how bad were they?

I used to smoke quite heavily, but I never had any withdrawals. When I feel like stopping for any reason I just stop. Right now I'm in an appartment where I can't smoke and I had no problems just not doing so when I moved in here.

Smoking in general is more of a social/meditative kind of thing for me though, especially the process of rolling a cigarette.

My attention also snowballs into just about anything and everything else just disappears from existence during that time, so perhaps I just don't notice any withdrawals by focusing my attention on other things. Heck, I forget to eat on some days, and I absolutely love food.

[bitebits]

Buying now is a good idea?

Personally, I would wait for either a capitulation candle or a reversal of the MACD on the 1 day chart. It's dangerous to try to catch a falling knife. Better to wait for some solid sign of a trend reversal. Sure you will miss the bottom that way, but not by a lot, and atleast you wont get wrecked by further decline. We could easily be on our way to five or six thousand. Remember, 5k, the previous high before the run up to 20k, never got tested. All that said, buying now is definitely a better idea than not buying at all, if those were the options. Well thats my 2 satoshis anyway.

Except for the fact that you currently don't have any satoshis.

Interesting talk by Thomas Lee (Fundstrat) for those who like to zoom out a bit, "The Economics of Cryptocurrencies | Upfront Summit 2018"
https://www.youtube.com/watch?v=GGberGnxiJk

[HairyMaclairy]

Breaking:  China's Congress has passed a constitutional amendment that removes presidential term limits, allowing President Xi Jinping to remain in office indefinitely.

[Rosewater Foundation]

Und nao ve pomp ze bitcoin cesh

[BTCMILLIONAIRE]

The utility side of Bitcoin sucks!

I just paid less than 10 cents for a Bitcoin transaction, and I didn't even use SegWit.

[bitserve]

It's alive!

[somac.]

pump fucker pump 

[dalexc]

This move is coming out of no where. Anyone know why?

[Rosewater Foundation]

This move is coming out of no where. Anyone know why?

Because we deserve it. Hodling is a shit tonne of hard work.

[flynn]

double bottom meme needed, please.

[TERA2]

because the bounce from 6k was too hard for it to go all the way back down this quickly. it needs to go sideways (or up) for longer and form a nice curvature.

[bitserve]

Is it my impression or the books are thinnering more and more?

[TERA2]

Todays books arent that bad. I looked a couple weeks ago and they were down to 70M , while btc was UP. It was weird.

[ccminer.net]

This move is coming out of no where. Anyone know why?

Looks like a trap to me