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

[TERA2]

No way it goes to $3,000. Too many people will pile in if it goes anywhere near low $5,000’s.

That's funny. There were supposedly too many people waiting to buy in $14,000 as well - like bill gates and da bag insitutions were waiting there to buy every coin at 14K.

[loveraltcoin]

No way it goes to $3,000. Too many people will pile in if it goes anywhere near low $5,000’s.

I would be buying big if BTC dips to that area , MUST buy dips otherwise the luckgames becomes too expensive

Bitcoin price is moving back up. Looks like market will recover. What is the top short term?

[Totscha]

No way it goes to $3,000. Too many people will pile in if it goes anywhere near low $5,000’s.

I would be buying big if BTC dips to that area , MUST buy dips otherwise the luckgames becomes too expensive

Bitcoin price is moving back up. Looks like market will recover. What is the top short term?

Infinity plus one

[LFC_Bitcoin]

No way it goes to $3,000. Too many people will pile in if it goes anywhere near low $5,000’s.

That's funny. There were supposedly too many people waiting to buy in $14,000 as well - like bill gates and da bag insitutions were waiting there to buy every coin at 14K.

You most likely thought it was going to $0 in 2014

[TERA2]

No way it goes to $3,000. Too many people will pile in if it goes anywhere near low $5,000’s.

That's funny. There were supposedly too many people waiting to buy in $14,000 as well - like bill gates and da bag insitutions were waiting there to buy every coin at 14K.

You most likely thought it was going to $0 in 2014

I actually drew charts showing that it would bottom around 300 and reach ATH in 2 years. Everyone thought it was super bearish and laughed me out of the forum. I ended up being wrong... it went lower than I expected, bottomed at 160 and reached ATH in 3 years. I was too bullish.

[European Central Bank]

That's funny. There were supposedly too many people waiting to buy in $14,000 as well - like bill gates and da bag insitutions were waiting there to buy every coin at 14K.

why would anyone bother buying in at a price level like that? someone would have to be a moron to think that was the bottom. that's not how bitcoin has ever rolled so far. no reason to believe it was gonna start rolling that way this time.

[Asrael999]

No way it goes to $3,000. Too many people will pile in if it goes anywhere near low $5,000’s.

That's funny. There were supposedly too many people waiting to buy in $14,000 as well - like bill gates and da bag insitutions were waiting there to buy every coin at 14K.

You most likely thought it was going to $0 in 2014

I actually drew charts showing that it would bottom around 300 and reach ATH in 2 years. Everyone thought it was super bearish and laughed me out of the forum. I ended up being wrong... it went lower than I expected, bottomed at 160 and reached ATH in 3 years. I was too bullish.

All those people who said it would never break $666, never break $400, never break $250 etc etc etc.     

[uslfd]

No way it goes to $3,000. Too many people will pile in if it goes anywhere near low $5,000’s.

That's funny. There were supposedly too many people waiting to buy in $14,000 as well - like bill gates and da bag insitutions were waiting there to buy every coin at 14K.

You most likely thought it was going to $0 in 2014

I actually drew charts showing that it would bottom around 300 and reach ATH in 2 years. Everyone thought it was super bearish and laughed me out of the forum. I ended up being wrong... it went lower than I expected, bottomed at 160 and reached ATH in 3 years. I was too bullish.

So what is your new chart telling you about this bear mkt then?

[Rsiyz]

https://hitbtc.com/exchange/BTC-to-USDT
all chips are in "green" .. soo no ..

[cAPSLOCK]

If anyone is thinking about getting a ledger, don't. I just updated the firmware and it was a fucking nightmare.

updating firmwares is critical on ANY device. even your holy trezor has firmware upgrading problems

Father Abraham had many sons

Had many sons had Father Abraham

I am one of them

And so are you

So let's just praise the Lord!!!

yeah, but, don't you have to update the password periodically for the bank where they pretend your silver actually exists?

Merited in spite of quoting the troll.

[AlcoHoDL]

Carolina is lonely... 
No fun any more... 
No choo-choo... 

When moon? 

[Elwar]

So...perhaps an Italy bump like when Greece crumbled?

[Bitcoinaire]

Will this be another dead cat bounce, is the question?

[Asrael999]

Italy panic over, normal selling will resume shortly.

[Globb0]

If anyone is thinking about getting a ledger, don't. I just updated the firmware and it was a fucking nightmare.

updating firmwares is critical on ANY device. even your holy trezor has firmware upgrading problems

Hitler was rubbish

yeah, but, don't you have to update the password periodically for the bank where they pretend your silver actually exists?

Merited in spite of quoting the troll.

Yes sorry, trust me I wrangled with it

[Elwar]

Italy crisis hurting banks...

should we put together a collection?

 

[Ibian]

If anyone is thinking about getting a ledger, don't. I just updated the firmware and it was a fucking nightmare.

updating firmwares is critical on ANY device. even your holy trezor has firmware upgrading problems

Father Abraham had many sons

Had many sons had Father Abraham

I am one of them

And so are you

So let's just praise the Lord!!!

yeah, but, don't you have to update the password periodically for the bank where they pretend your silver actually exists?

Merited in spite of quoting the troll.

The worst part about him is that he is at least partly right in general. But nobody wants to deal with a pissed asshole. Someone should make a red pill rage support group or something.

[uslfd]

Italy crisis hurting banks...

should we put together a collection?

 

It definitely looks like it's hurting all the markets, may cause some Fear and some hedgers into Gold and Bitcoin?

Latest evidence [last 6 months] suggests bitcoin is not the new gold. If anything (with a few analysts pointing out that) bitcoin is a hyper charged high risk high return asset ahead of stock market

Which means, bitcoin is negatively correlated to VIX and ahead of [negative] VIX. (observed earlier this year)

If this relationship holds that would mean if we're to see a global financial crisis worse than 2008 later this year in Q4, btc is going to $1K before that.

[d_eddie]

Will this be another dead cat bounce, is the question?

My gut says "Yeah, this is another dead cat bounce, and we'll be plumbing $6,500 by Friday"

I hope I'm very very wrong.

Reanimated cat maybe? Nah, it won't last anyway.
I believe we're still headed down, but not terribly so.
You'll have to skimp on your lifestyle for a few months, maybe.
Which means - easy with that 500$ whiskey. Stick to $10 beers and $40 wines for a while... 

[greensheep]

So when does what is going on in Italy become the next crypto trigger?  Cyprus 2? Two year Italian government debt is down 5% since Monday morning, that's enormous in govt bond terms.

Now who owns all that government debt I wonder?

edit

French banks own a huge pile
https://wolfstreet.com/2018/05/27/which-banks-are-most-exposed-to-italys-sovereign-debt-other-than-the-horribly-exposed-italian-banks/

check the counter lols

https://www.nationaldebtclocks.org/debtclock/italy