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

[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. 

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[micgoossens]

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.

[Spaceman_Spiff_Original]

...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.

Disagree, there were both people interested as a store of value and people interested in it as a payment system from the start.

[supremnoob]

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.

Great reply. Thank you

[_javier_]

this looks like March 16 recovery... 

[wayna]

...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 said "at least for now". The time will tell us whether it will be a reliable payment method or not.

At the moment BTC is treated as a store of value or speculative asset, if you want to move a lot of money among cryptos and speculate, you have to trade them and the opposite is true as well.

[Denker]

wow 1.234k buy order on bitfinex at 7100

woops... guess it was fake.

Could be real but often are fake and moslty are used for certain strategies.
This is typical Level 2 gaming, spoofing and pushing others into a trap. Big margin traders do this a lot.
Watch orderbook on Bitfinex for a whole day on you will recognize this.

[JayJuanGee]

Seems like we have a bitcoin dilemma going on, no?

[d_eddie]

I'm with Hairy on this one. Volume is too wimpy yet. Saturday night might be ugly, uglier than many of us think.

A few posters have been busy setting up a doom scenario for this weekend. I think it's a ruse

Doomed is who doomed does.
Ugly or very ugly does not necessarily mean doom.

Maybe you missed the implication.

I sure did. What were you meaning?

To be clear. Based on nothing, admittedly, you think Saturday _might_ be ugly. Not only ugly, but _uglier than we think_. I'd ask you to explain, but you prefaced it with the fact you pulled it out of your ass.
I'm not trying to put too fine a point on this. I'm supposed to be retired.

Ah I see what you mean now. Are you the Mayor's house elf by any chance?

Yes I'm based on nothing objective. My TA is built on shakier ground than most other analysts', which is quite a feat. But the volume is too low to make any movement meaningful. My manipulation antennae twitch. Besides, I'm not the only one thinking we must revisit the recent low area before we can break out again. It might take years, though I don't think so. And I don't believe in the $3k-4k again story.

However, high 6k's is not low enough IMO. That's what I mean by "uglier than many of us think". The suffering isn't done with yet. And this Saturday is as good as any other for a little suffering. Probably even better than usual, since next Monday is a holiday in several parts of the world and the prolonged fiat thinness helps would-be manipulators.

[RayX12]

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).

Our only hope is to BTFD



.. and hodl craefuly

The manipulation is comming to a temporary stop.



GO BITCOIN GO

HODLCRAEFULLY!!!!!    

sTOP sELLING BTC tO bANKS

[cAPSLOCK]

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  

[AR_fan]

apollo says we go to 8000 8100 then break 6K for a bottom around 4500-4700