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

[TERA2]

I was expressing that I would enjoy a new bottom so I could shut you all up, since all the rude bulls here are so agressive during these rallies. Whether it will actually happen is another story.

Now 3 months ago I already did  this 'putting up' by splitting my profits into a ratio of coins and fiat based on my (non-binary) level of certainty. Im not sure what else you think I should do or why I should be obligated to make some kind of personal bet with a W.O. poster in order to keep observing walls.

The *real* TERA would have made a bottom call. And the real TERA would have some data to back it up. This is why I know why you are a total fraud, and not the real TERA.

I have to refute and claim my authenticity as king TERA, as if this were a prestigious position. However I still do not wished to be tricked into some kind of bet with you. Ive made some calls in the past about the bottom of the current run but at this point I could only speculate with a guess about a scenario that may or may not happen.

[Toxic2040]

Good morning guys.

Indicators are relaxing as we catch support at the kijun line. This is a short term consolidation point and the market looks like it will head back towards the .382 fib line. I expect more sideways this coming week with moderate volume and volatility as we head back towards and test $10k next weekend. This rise, consolidate then dip cycle is very bullish imho. The laddering up is very apparent on the cloud. #dyor

Please explain me because I am stupid. How can your chart predict what will happen if there will be for example some major negative or major positive news? I am always very puzzled by so called chart experts (who always predicts two side movement lol) who never mention news. For me its like news run 90% of crypto market. For chart experts its like they never heard for news.

Or perhaps I am just stupid and news doesnt mater. I feel i will hear now flame, but i dont got it, post like news doesnt matter.

First of all..there are no stupid questions...ever. Secondly..you are correct..the chart is just representing "technical" data. The price movement over past cycles, be that either minutes, hours or days. It has no way to incorporate sudden real time events or news that may impact price other than a big green or red candle one way or the other. If you day trade the short term charts are affected the most by events or news. In the mid-term..these events have less impact..although it still can be severe. In the long term..daily news cycles still play a role but have significantly less sway over price and market direction. Those movements are already baked in so to speak. It comes back to physics imho..on a short time frame the inertia is low..so it can be moved with less effort. At longer time frames the market has built higher levels and it takes much more to change direction or momentum. Hope this helps.

[Elwar]

Please explain me because I am stupid. How can your chart predict what will happen if there will be for example some major negative or major positive news? I am always very puzzled by so called chart experts (who always predicts two side movement lol) who never mention news. For me its like news run 90% of crypto market. For chart experts its like they never heard for news.

Or perhaps I am just stupid and news doesnt mater. I feel i will hear now flame, but i dont got it, post like news doesnt matter.

News has not really played that big of a role in the bitcoin price in the short time that I've ever seen.

Usually it's like google trends where people look for the news to justify whichever way the price has gone.

[Raja_MBZ]

Good morning guys.

Indicators are relaxing as we catch support at the kijun line. This is a short term consolidation point and the market looks like it will head back towards the .382 fib line. I expect more sideways this coming week with moderate volume and volatility as we head back towards and test $10k next weekend. This rise, consolidate then dip cycle is very bullish imho. The laddering up is very apparent on the cloud. #dyor

Please explain me because I am stupid. How can your chart predict what will happen if there will be for example some major negative or major positive news? I am always very puzzled by so called chart experts (who always predicts two side movement lol) who never mention news. For me its like news run 90% of crypto market. For chart experts its like they never heard for news.

Or perhaps I am just stupid and news doesnt mater. I feel i will hear now flame, but i dont got it, post like news doesnt matter.

Believe it or not, but charts do indicate (or at least give a good percentage of probability) that how price is going to act in future, BUT they're more effective if there's no news around.

[jbreher]

I really, really, like retirement..

Hmm. I thought you were somewhat conflicted on the idea in the weeks leading up to it, wondering if you'd miss being active -- was it care giving? Am I just misrememberating?

Anyway, congrats. Good on ya.

[jbreher]

I never understood this too why people are selling during a bull run.

But the thing is

1) ...  2) ...  3) ...

There are probably more reasons

4) Because there is no a priori way of knowing when rise will turn into drop. But you can always harvest the volatility.

[jbreher]

In a week or two bcash will lose 80%.

Well, anything is possible, I guess. Quite implausible, though. Right now, Bitcoin Cash is still available at fire sale prices. In a week or two, I rather expect that Bitcoin Cash will be solidly ahead of Ripple in the market cap sweepstakes.

[jbreher]

A pullback to $6k ($3k would be better than ever;) would be more than awesome to be honest.

I still got many papers in the bank account waiting for the right time. I am already getting in from the whatever price I get at that time with my newly earned money but I need a cheap price to let my old money go.

Faulty strategy.  If you persist, you are likely to be stuck with that stinky fiat for life.

Just created this gif for only this post.

Who would do such a thing to a tree rat? Made me laugh though. Worthy of merit.

[jbreher]

https://uk.investing.com/news/cryptocurrency-news/cryptocurrency-market-headed-for-massive-correction-1159217

Bullhound predicts that Ethereum, now a distant second to bitcoin in terms of market cap, will vault to the No. 1 position.

Haha, Bullhound is full of Bullshit.

I was somewhat amused to learn that there existed a "leading investment bank" named Bullhound.

[realr0ach]

If anyone ever wants to know why I sound cynical then this is why. God it's going to be so fun to quote all those arrogant posts if new lows come.

One of my previous arch nemesis named Cagara who always tried to take the opposite side of the trade as me said something like "I have two coin jars set up and put a coin in the short jar each time I hear someone use the word moon or lambo".  His system worked well most of the time, until he lost something like 1000 BTC trying to short ETH while getting squeezed by Goldman Sachs using the premine as margin pump collateral.  This thread has been nothing but "moon" and "lambo" spam for a long time, so it's inevitable the Cagara trade reverts back to normal and crushes everyone.

[realr0ach]

What is a goyim?

It's the word Jews use to describe people who aren't Jews as non-human cattle.  This is one of the keys in understanding their nefarious activity.  They claim you're not allowed to do stuff like kill and steal, but then they say these rules only apply in relations to other Jews, and that "goyim" aren't people, so they're allowed to steal from you or do anything they want to you.  This is why they openly practice slavery (usury) against goyim while all other religions banned it, and why Jews are overwhelmingly involved in the most horrific crimes like black market stealing of organs:

http://www.haaretz.com/israelis-exposed-in-organ-trafficking-1.5259773

Since you are not considered a person, and are considered an animal, they believe they are allowed to just kill you and take your organs, or try to enslave you, whatever they want.





It gets even more insane the stuff they used to do in the past:

http://smoloko.com/?p=17326

Jews can be considered nothing less than an evil, Charles Manson-like cult that has to be completely expelled from every nation on earth.

[motoprose]

Doesn't anyone else think Elon Musk's twitter was hacked during that spat of them saying "Change your passwords!" due to their own breach of the database of all their 450 million user accounts?
https://cryptopotato.com/elon-musk-will-bring-humans-to-mars-and-cryptocurrencies-to-the-moon/

Why would a ceo of a billion dollar company use "u" in his tweets?

[ðºÞæ]

Doesn't anyone else think Elon Musk's twitter was hacked during that spat of them saying "Change your passwords!" due to their own breach of the database of all their 450 million user accounts?
https://cryptopotato.com/elon-musk-will-bring-humans-to-mars-and-cryptocurrencies-to-the-moon/

Why would a ceo of a billion dollar company use "u" in his tweets?

He is just the face of the organization behind him. You just need to watch some of his live interviews. He cant produce a well structured logical sentence. The only difference to hill-billy and him is that he substituted fu*k whit ahmm a couple off times in a sentence if necessary. Any local GP or academic is smarter. Just a puppet on strings same as Mark Z..

[El duderino_]

[El duderino_]

Lol at the bitcoin poll price results. It seems like people are wanting a huge pump in a short span of time. But surely these people are also the ones scared first of a major correction which is actually normal when a huge increase is inorganic.

Lots of hopeful WO ATH Contest players.

@mcgoossens keeps us #bullish  

[mindrust]

Doesn't anyone else think Elon Musk's twitter was hacked during that spat of them saying "Change your passwords!" due to their own breach of the database of all their 450 million user accounts?
https://cryptopotato.com/elon-musk-will-bring-humans-to-mars-and-cryptocurrencies-to-the-moon/

Why would a ceo of a billion dollar company use "u" in his tweets?

The same reason why USA has Trump as the president.

Interesting times.

***Trump is still 100 times better than Shillary***

[jojo69]

I was somewhat amused to learn that there existed a "leading investment bank" named Bullhound.

my thoughts exactly

[B1tUnl0ck3r]

Good morning guys.

Indicators are relaxing as we catch support at the kijun line. This is a short term consolidation point and the market looks like it will head back towards the .382 fib line. I expect more sideways this coming week with moderate volume and volatility as we head back towards and test $10k next weekend. This rise, consolidate then dip cycle is very bullish imho. The laddering up is very apparent on the cloud. #dyor

Please explain me because I am stupid. How can your chart predict what will happen if there will be for example some major negative or major positive news? I am always very puzzled by so called chart experts (who always predicts two side movement lol) who never mention news. For me its like news run 90% of crypto market. For chart experts its like they never heard for news.

Or perhaps I am just stupid and news doesnt mater. I feel i will hear now flame, but i dont got it, post like news doesnt matter.

First of all..there are no stupid questions...ever.
...

 Hope this helps.

many should be dragged in sewer for having forgotten this basic one... thanks a lot. but (and there is often a but, and no follow up question allowed is weakness at best) please use the"Beginners & Help" sub for all noob q. 
https://bitcointalk.org/index.php?board=39.0

question more (tm)

[DonQuijote]

Maybe pump will be soon, alts are waking up

The price was 6.9k $ 

[jojo69]

all I know is that I have made another .02 in the last 2 days

this volatility is grrrrrrreat