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

[HairyMaclairy]

I believe in the long term and I’m ready for another winter should that happen.  Even if a couple years is really short term....

[Toxic2040]

I know a lot of you are socks and long cons and trolls, but for the rest, I'm going to be saying my goodbyes soon. I don't want to get sticky about it. I guess it's personal. Just listen: good luck, godspeed, thank you. It's been a real eye-opener.

I for one have always enjoyed your posts.  Will be sorry to see you go.

RW..sad..but willing to part unsticky..hope you drop in when you can. Take care.

[jojo69]

I know a lot of you are socks and long cons and trolls, but for the rest, I'm going to be saying my goodbyes soon. I don't want to get sticky about it. I guess it's personal. Just listen: good luck, godspeed, thank you. It's been a real eye-opener.

but...but...

oh man

[yonton]

I know a lot of you are socks and long cons and trolls, but for the rest, I'm going to be saying my goodbyes soon. I don't want to get sticky about it. I guess it's personal. Just listen: good luck, godspeed, thank you. It's been a real eye-opener.

but...but...

oh man

https://www.youtube.com/watch?v=w-l5FyA3pgo

[HairyMaclairy]

45% dominance

[JayJuanGee]

Many of us also recognize that if a newbie poster here, such as yourself, has devolved into attempting to find some kind of significant meaning in an avatar, then such poster, such as yourself, is likely NOT very bright in other respects - in other words, you have revealed yourself as a corporate bearshill fuck-re-tard who likely does not recognize the value of bitcoin.

Ok there twinkle toes, you keep cheerleading for bitcoin and I'll short this bitch in to the ground hahaaaa

If you read me as cheerleading for bitcoin, then you are attempting to read way too much into what I am supposedly doing through your emotionally ladened and blinded and supposed focus on shorting.

Of course, since you are likely merely a paid corporate shill, few of us in this thread are going to actually believe that you are taking whatever hypothetical position that you are proclaiming to take... so if you were to actually take an actual financial short bitcoin position, your one way focus on down is likely not going to end too well. 

You nonsense posts kind of remind me of a few other posters from the earlier WO thread days who were preaching BIG talk shorts that they were going to make a killing on, and either those dumbass gamblers got REckt or they had to attempt to recover their bitcoin position while chasing the bitcoin train to the rocket at a significant loss when bitcoin went flying in a direction against their position (which means that bitcoin went up, and you can review past charts to verify), rather than their anticipated down.

It was not pretty, and some of them did not make it on the bitcoin train:

[JayJuanGee]

No good posting rockets while shit winds are blowing. You see? #TheShitWinds?

When the shit winds are blowing, you need to HODL on CRAEFULly.

[pacman7331]

I believe in the long term and I’m ready for another winter should that happen.  Even if a couple years is really short term....

I’m with ya. I’m never selling.
Have been experimenting with small margin trades though.

[Elwar]

Looks like we're at the bottom of the cup.

[JayJuanGee]

Down we go.

Is there still anyone out there believing we will go above 10k in the foreseeable future?

If we go below 10k again, i am not sure we'll see 5 digits again for a very long time if ever.

[dxbcoin]

My observation of BTC Mar 27
1. BB: BTC probably goes to 77xx to test lower BB become coming back upward. But the candlestick didn’t still really close so the push wasn’t strong enough, probably need to go sideway around 7725 to 8668 before hitting upper BB at 9611
2. MACD: the histogram showing 0 means there is a tight fight between sellers and buyers. The sellers wanna push the price deep down so that they can buy with a good price, but buyers are expecting to see BTC bullishing so whenever BTC hit this price they try to buy as much as they can, and waiting for some financial funds jump in with their giant pocket to push BTC to go up. Those 2 MACD lines cutting each other, wanna go down but it seems to be hard, if they really do go down its probly a disaster, because at 78xx can’t be a strong support so we can expect to buy at 74xx-75xx. If there is bad news price will hit harder down to 68xx
3. Stochatic 2 lines already cut each other and going up making stoch in over-sell area so uptrend is supported and I expect the price can go up today to make it a green candle stick
These are my own personal opinions, just for your reference, not an advice to make the entry for you #DYOR



Find the photo here http://i1376.photobucket.com/albums/ah36/axingame/btc%20273_zpsna4zastt_1.jpg

[bones261]

I’m with ya. I’m never selling.
Have been experimenting with small margin trades though.

I've been experimenting too. Guess that I will be joining the ranks of REKT bears pretty soon.

[rafanadal]

JayJuanGee

I hope i am wrong

[JayJuanGee]

I’m with ya. I’m never selling.
Have been experimenting with small margin trades though.

I've been experimenting too. Guess that I will be joining the ranks of REKT bears pretty soon.

Seems like the odds are good to be witnessing another REKT bear.   

[JayJuanGee]

JayJuanGee

I hope i am wrong

I just liked that previous meme, and I was looking for a good place to insert such.  Your post provided a great location.   

[pacman7331]

45% dominance

Some are predicting that will decrease soon. I’d think it would happen after the bottom. Or beak out of bear trend.

[Phil_S]

a lot of you are socks

I don't want to get sticky

 

[realr0ach]

I'm surprised there are so many people in this thread that know so little about investing.  Such as, any market that does a parabolic blow-off top, you should take the money and run to look for the next big thing instead of trying to figure out where to buy back in into a market that's already completely exhausted and tapped out.  Worst case scenario, you catch a falling knife.  Best case scenario, you buy at the bottom and then have to watch the market go sideways and maybe lose a few more percent over months/years.  There are so many weirdos and dumbasses in this thread that pretend after this enormous blow-off top, there's supposed to be a whole nother pump and dump again right afterwards.

I realize in the central bank "everything bubble" there's not a lot of viable options for investing that aren't already in a bubble themselves.  The value of houses should be 1/2 of what they are right now compared to wages and everything else.  The stock market should be in a range of stability of 4050-6750 instead of over 20,000 if looking at correlation with commodity prices like gold.  So the only non-retarded thing to purchase on the entire planet right now that isn't already in a bubble is metals like silver and gold.  The gold price should be like $2500 if looking at correlation vs national debt, which would take the silver ratio to $83 in the bull run leading to that even within the govt's rigged system of metals price suppression.  If the price suppression broke, then multiply both of those numbers by a few integers on top of that.

[JayJuanGee]

45% dominance

Some are predicting that will decrease soon. I’d think it would happen after the bottom. Or beak out of bear trend.

It appears that you are blind regarding what is happening.

The reality of the matter is that I could give a ratt's ass about bitcoin dominance because it is not really that important in the whole scheme of thing, especially since it is a diluted indicator. 

However, from current dynamics, it appears that bitcoin dominance is going up because alts are getting shook worse than bitcoin, and it could likely be the case that a central purpose of this particular shaking is to shake some of the 12-14 year old snot noses.. which could take a bit of time.

I personally have the sense that alts are going to get at least one more pump before they get purged because I think that it is more likely that bitcoin/and alts are in more likely an early 2013 like scenario rather than in an early 2014 like scenario - however, if BTC prices go below $5k and especially below $3k, then the early 2013 like scenario will become the more likely scenario.. .. sometime at that point, and then it will seem likely that alts are going to experience even a more brutal correction than BTC.

[realr0ach]

JayJuanGee, I got an experiment for you.  Let's get you to dump 8 bitcoins for the new Camaro ZL1 1LE, get the 800hp flash and tune up, then we can see how long you live afterwards.