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

[RealMachasm]

Sorry if this has been posted before but it was updated recently. Torque this is mostly for you and roach too.
https://medium.com/@super.crypto1/4th-dimension-bitcoin-manipulation-cartel-can-it-be-burnt-no-way-c53de65c166a+
Why do they do this?

It’s all about money control. Financial elite has recognized that Bitcoin and Crypto in general is a threat to their existence. What do powers do when they see anything as a threat or enemy? You got it, they try to destroy the enemy (by all means). Therefore, It is extremely important for the Financial-elite to stop bitcoin’s rise so their show can continue.

What do they do to stop the RISE of Bitcoin? They first let it rise to unimaginable height (20K first stop). Then they drop it to unimaginable lows. They will do this many times. They have trillions of dollar to maintain the show going, UNTIL the RETAIL investor gives up in frustration. What you are seeing since Mid-2017 is just the 1st inning of 9 innings Bitcoin game.

Bitcoin has been placed into Geopolitical chessboard since Mid-2017. Most of the Bitcoiners have NO IDEA how big this game is. Crypto space is just a pawn on this chessboard and there are elite-fingers moving these pawns (Gold, Silver and now Bitcoin).

Why does it matter in the end?
If we are all slaves to the FIAT system then turning our back to it and using crypto instead will (eventually) render any power it has over us mute.
Sheesh, I wish people weren’t so short sighted.
For me, I am going down with the ship. I either become very rich or die broke trying. After all,
This Is Sparta!

[serveria.com]

For me, I am going down with the ship. I either become very rich or die broke trying.

Couldn't have said it better! 

[Last of the V8s]

[HairyMaclairy]

Long / shorts ratio almost 1:1.  It’s been a long time since it was this bad.  All the way back to November.

[wayna]

Still hodling.

It will surely go up again.

Just remember we have big investors that are playing a bullish-bearish game while little investors are just confused and scared about fast surges-drops.
This is reasonable if you consider cryptos are a very volatile asset and that there are no strong regulations. People are both curious and scared about fluctuations, so they are driven by huge sentiments.

Actually, after the huge drop in the beginning of the year, I would have waited until now to buy. Instead I bought overpriced cryptos which will take me about several months to convert in reasonable gainz. Fortunately I put some good trades in the past summer, so I made a half mistake but lesson learned and 50-50 probability to make some gainz til the summer with those cheaper cryptos.

As someone said, we can expect some surges in the stock market, then another big surge in the crypto market, probably between the summer and the end of the year, if not in the 2019.

[BTCMILLIONAIRE]

Long / shorts ratio almost 1:1.  It’s been a long time since it was this bad .

More shakeouts ahead. I still stand by the notion that hunting for altcoins during low BTC prices is a good thing to do. Since they fluctuate by several tens of %s very frequently and sometimes multiply in a predictable manner low BTC prices essentially make it much easier to increase your BTC holdings as compared to the 20k Bitcorns we had a little while ago.

[serveria.com]

I bet we'll climb back up into $7xxx today 

[HairyMaclairy]

Appreciate where you are coming from but I’m giving up alts in this bear market.  I’ll save alts for FoMO markets.  

[El duderino_]

I bought my share but common don’t let the F***s in for cheap penny’s ....., let them pay for quality ....

[El duderino_]

Sometimes i’m very curious who in This threat or the actually really LONGterm hodlers ..., the once with 75-85-90% btc stash off crypto but to hodl and not to trade with , the REAL locker up coins :-) i have a few ledgers with i think 5mm dust on iT  of Just not touching them , i even allways buy a DIP to keep the amount of BTC apart for When i need too pay a winner  in the list game , never to touch my actual locker up coins 

[serveria.com]

Sometimes i’m very curious who in This threat or the actually really LONGterm hodlers ..., the once with 75-85-90% btc stash off crypto but to hodl and not to trade with , the REAL locker up coins :-) i have a few ledgers with i think 5mm dust on iT  of Just not touching them , i even allways buy a DIP to keep the amount of BTC apart for When i need too pay a winner  in the list game , never to touch my actual locker up coins 

Been hodling since 2011. Haven't sold a single BTC since then and probably won't until we see a new ATH at least. 

[El duderino_]

sorry just to try and maybe understand why it doesn't show

Allready getting comment..... shouldn’t you better tattoo the great reaper in front of the Rollercoaster  
I knew i had This kinds of comments coming ..... but i found iT a good one better than stretch your arm up HAHA....
The idiote surrounding me  

[markj113]

Some more bad news to add to the FUD.

Reddit Is No Longer Accepting Bitcoin As Payment For Its ‘Gold’ Membership.

[wayna]

Some more bad news to add to the FUD.

Reddit Is No Longer Accepting Bitcoin As Payment For Its ‘Gold’ Membership.

It's crazy how people are driven by FUD.

They don't see the big picture.

The only news that seems to have a reason to me are charts and those graphs that picture the adoption, surging, uncertaintment phases of cryptos throughout these years.

We are into an evolution process, the only thing is understanding the timing to invest/make gainz or just hodling, not whether or not leaving. Blockchian is here to stay.

Of course, going all in one crypto could be riskful.

[pacman7331]

seeing some volume on the buy side

[markj113]

It's crazy how people are driven by FUD.

They don't see the big picture.

The only news that seems to have a reason to me are charts and those graphs that picture the adoption, surging, uncertaintment phases of cryptos throughout these years.

We are into an evolution process, the only thing is understanding the timing to invest/make gainz or just hodling, not whether or not leaving. Blockchian is here to stay.

Of course, going all in one crypto could be riskful.

The big picture is that real world adoption of bitcoin seems to be going backwards not forwards.

[wayna]

It's crazy how people are driven by FUD.

They don't see the big picture.

The only news that seems to have a reason to me are charts and those graphs that picture the adoption, surging, uncertaintment phases of cryptos throughout these years.

We are into an evolution process, the only thing is understanding the timing to invest/make gainz or just hodling, not whether or not leaving. Blockchian is here to stay.

Of course, going all in one crypto could be riskful.

The big picture is that real world adoption of bitcoin seems to be going backwards not forwards.

I'm not denying the current state of things but it's because blockchian and BTC has been noticed and attacked by mainstream markets and media after a golden 2017. It's just a bunch of months.

We should wait way way more before claiming these catastrophic statements. By the way, BTC is not meant to become the definitive payment method but more a store of value, at least for now, whereas some prominent cryptos could become a reliable payment method. In the meantime there are donzens of startups and services that are switching into the blockchain market.

In any case, it's early to say that it's the end.

[mindrust]

...BTC is not meant to become the definitive payment method...

That's not true. BTC is not complete if we can't use it as a payment method.

BTC had problems because exchanges were spamming the network by not batching their transactions and many of them are only recently upgraded to segwit.

If you can't pass your bitcoin to the next person to get something in return, its no better than tulips.

To achieve these problems and stay as decentralized as possible, bitcoin/lightning devs created the Lightning Network but its still not fully adopted yet. (because its in beta) So we can expect even more growth in the future.

[markj113]

...BTC is not meant to become the definitive payment method...

That's not true. BTC is not complete if we can't use it as a payment method.

BTC had problems because exchanges were spamming the network by not batching their transactions and many of them are only recently upgraded to segwit.

If you can't pass your bitcoin to the next person to get something in return, its no better than tulips.

To achieve these problems and stay as decentralized as possible, bitcoin/lightning devs created the Lightning Network but its still not fully adopted yet. (because its in beta) So we can expect even more growth in the future.

I agree bitcoin was suddenly being described as a store of wealth when it failed as a payment system due to long confirmation times and excessive fees.

[Globb0]

sorry just to try and maybe understand why it doesn't show

Allready getting comment..... shouldn’t you better tattoo the great reaper in front of the Rollercoaster  
I knew i had This kinds of comments coming ..... but i found iT a good one better than stretch your arm up HAHA....
The idiote surrounding me  

Even if bitcoin went to 0 it wouldn't matter. That tattoo is a memory of a cool moment.

I think I myself will always feel a little bit of affection for the little guy.