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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25463134 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. (157 posts by 13+ users deleted.)
figmentofmyass
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April 07, 2018, 06:38:30 AM

muahahaha, i love when it pumps on FUD. cha-ching.


it's some tasty FUD tho. western media hasn't picked it up, but the polish media is running with it:

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One of the largest and most controversial cryptocurrency exchanges Bitfinex received a big blow today in Poland - PLN 1.3 billion at the Cooperative Bank in Skierniewice was seized by the prosecutor's office. The money is to be linked through the Bitfineks network of companies and the Colombian drug trade.

Online investigations linking companies with accounts at the Cooperative Bank in Skierniewice with Bitfineks appeared already last year. Bitfinex is controversial - this stock market has long been suspected of speculating cryptocurrency prices and pumping bubbles. US regulators are also researching the Tether currency created by Bitfinex, which is related to the value of the one-to-one dollar and is used to buy other crypts.

On April 6, 2018, Zbigniew Ziobro was successful in taking $ 270 million. associated with fraud, people whose names appeared in Panama Papers and companies that are pillars of the "large foreign cryptocurrency market". The accounts were to be located in a small Polish bank.

Our unofficial information shows that it is about Bitfinex. The Polish prosecutor's office has not raised any charges yet, and due to the international dimension of the case, the Central Investigation Office cooperates with Europol and Interpol.

then there's this... Lips sealed
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One week ago Polish bitfinex users interrogated by Polish police - https://forum.bitcoin.pl/viewtopic.php?f=79&t=28309&p=472711#p472711
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pacman7331
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April 07, 2018, 06:39:09 AM

Things are starting to feel a bit squeezie.  

Exact thing happened 2 days ago. After my long was raped.

I agree bears didn’t push throught 6500.. but bulls failed at 7450....

Since then India FUD and this is weekend. Seems to me a rerun of before returning to 6500 soon.
Rosewater Foundation
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April 07, 2018, 06:50:09 AM

Inverted Bart Simpson pattern, classic TA lol
realr0ach
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April 07, 2018, 07:04:03 AM

I hope you guys remember to sell on the weekend pump. My guess is that the top will be at around 7100-7200$

Where were you at $19k when I needed you?!

r0ach and the entire 4th reich were there for you, and my sidekick TERA.
bluebits
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April 07, 2018, 07:06:22 AM


There could be a big crash, but it's not going to happen all at once as were already in slow grind mode. It would be a slow slide with lots of bounces like 2014. I think from here it could go to 7-8K then have a bounce back up to 13K  before proceeding with the next wave down to 5.5K then a much longer bounce to 10K and then a final wave to above 3K. This would mimic 2014.





Glade never broke 12k, in relative terms it has been far below the same movement from '14. Glade 2.0 seems setup to be much more tame as well: Upward spikes are harder in a more mature market + More resistance overhead from the lower highs.

Running to 10k still possible?
5.5k was the classic support level from the past during the BCH scare, still highest number it can bounce off of after this glade?
serveria.com
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April 07, 2018, 07:06:39 AM

Bearwhales can't seem to push the price any lower. Even FUD doesn't help much anymore. Grin Soon their resources will get exhausted and BOOM... straight to da moon!  Cool
realr0ach
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April 07, 2018, 07:13:44 AM

Bearwhales can't seem to push the price any lower. Even FUD doesn't help much anymore. Grin Soon their resources will get exhausted and BOOM... straight to da moon!  Cool

What you are looking at is Chinese mining monopolies trying to decide if they will artificially prop up the market so they don't have to turn off/dumpster a bunch of their ASICs, or if they will capitulate and launch the big short while simultaneouly dumping coins, turning off ASICs, and completely blowing up the market.  That sort of Chinese mining monopoly capitulation takes a longer amount of time than daytrader capitulation and obviously has not occurred yet.  

It might not occur at all and they may try and blow tons of cash trying to prop the market up, but it wouldn't really make sense for someone like Bitmain to do this IMO.  They have made billions of dollars from the market already and could just parlay that cash into silver or gold to make billions more, so why risk that much money trying to prop up BTC which is highly risky and not a sure thing when metals at cost of production while we're this close to a monetary reset is an asymmetric trade and free money?

If someone like Bitmain throws the kitchen sink at this market trying to prop it up, they will probably just get dumped on by swing traders en masse and it will be the road to ruin for them.  Not that I don't expect them to try.  It's only a question of how much money they burn before giving up.  10%? 20%? 50%?

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April 07, 2018, 07:26:25 AM

Bearwhales can't seem to push the price any lower. Even FUD doesn't help much anymore. Grin Soon their resources will get exhausted and BOOM... straight to da moon!  Cool

I am afraid this proves could take a while. That’s just what it is.

Happy HODLing here, no fuzz  Grin
Lopumbo
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April 07, 2018, 07:30:04 AM

Bearwhales can't seem to push the price any lower. Even FUD doesn't help much anymore. Grin Soon their resources will get exhausted and BOOM... straight to da moon!  Cool

You are a special kind of person - are you?

Nobody sits in front of a screen making trading decisions - its all computer algos
You are looking at weeks of bots hunting margin traders - what a beautiful live
mike4001
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April 07, 2018, 08:04:14 AM

I hope you guys remember to sell on the weekend pump. My guess is that the top will be at around 7100-7200$

If I sell we will hit 20k again on Monday.

Lol ... been there Cheesy
El duderino_
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April 07, 2018, 08:51:38 AM

I hope you guys remember to sell on the weekend pump. My guess is that the top will be at around 7100-7200$

If I sell we will hit 20k again on Monday.

then HODL and let us hit together 20k little later
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April 07, 2018, 09:04:29 AM
Last edit: April 07, 2018, 10:24:48 AM by TERA2
Merited by Torque (1), jojo69 (1), Last of the V8s (1), Phil_S (1), HairyMaclairy (1), RejectedBanana (1)

Latest Analysis

Last of the V8s
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April 07, 2018, 10:32:25 AM
Last edit: April 07, 2018, 10:47:36 AM by Last of the V8s

ok that is good

i can't merit your post straightaway because you are 11th in my backlog
fragout
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April 07, 2018, 10:38:34 AM



What kind of witchcraft is this???
weird
Last of the V8s
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April 07, 2018, 10:46:54 AM



What kind of witchcraft is this???
weird
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April 07, 2018, 10:51:22 AM

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Jesus...send me the pictures next time. I am ok on photoshop.
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April 07, 2018, 10:54:42 AM

Jesus...send me the pictures next time. I am ok on photoshop.

Well I didnt mean to put this much detail into this but one thing kept coming to mind after another.  Im actually still using ms paint. One day I will get around to learning this photoshop thing.
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April 07, 2018, 10:56:12 AM

Jesus...send me the pictures next time. I am ok on photoshop.

it's good because it's bad. it shows her reign of terrar is nearly over
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April 07, 2018, 10:59:01 AM

It's not like I'm trying to fool people that this is really going on.
realr0ach
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April 07, 2018, 11:53:00 AM


This chart is a little obtuse, but I think what Hebrew merchant Tera is trying to say is that Hitler did nothing wrong and buy physical silver.



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