Bitcoin Forum
July 23, 2019, 06:42:47 AM *
News: Latest Bitcoin Core release: 0.18.0 [Torrent] (New!)
 
   Home   Help Search Login Register More  
Poll
Question: July 28 Closing Price:
<$3,000 - 5 (7.9%)
<$8,000 - 4 (6.3%)
$8,001-$8,500 - 1 (1.6%)
$8,501-$9,000 - 1 (1.6%)
$9,001-$9,500 - 8 (12.7%)
$9,501-$10,000 - 5 (7.9%)
$10,001-$10,500 - 6 (9.5%)
$10,501-$11,000 - 11 (17.5%)
$11,001-$11,500 - 6 (9.5%)
$11,501-$12,000 - 3 (4.8%)
$12,001-$12,500 - 3 (4.8%)
$12,501-$13,000 - 2 (3.2%)
$13,001-$13,500 - 1 (1.6%)
$13,501-$14,000 - 2 (3.2%)
>$14,000 - 2 (3.2%)
>$18,000 - 3 (4.8%)
Total Voters: 63

Pages: « 1 ... 20403 20404 20405 20406 20407 20408 20409 20410 20411 20412 20413 20414 20415 20416 20417 20418 20419 20420 20421 20422 20423 20424 20425 20426 20427 20428 20429 20430 20431 20432 20433 20434 20435 20436 20437 20438 20439 20440 20441 20442 20443 20444 20445 20446 20447 20448 20449 20450 20451 20452 [20453] 20454 20455 20456 20457 20458 20459 20460 20461 20462 20463 20464 20465 20466 20467 20468 20469 20470 20471 20472 20473 20474 20475 20476 20477 20478 20479 20480 20481 20482 20483 20484 20485 20486 20487 20488 20489 20490 20491 20492 20493 20494 20495 20496 20497 20498 20499 20500 20501 20502 20503 ... 24619 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21295928 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. (102 posts by 19 users deleted.)
4rt3m
Member
**
Offline Offline

Activity: 616
Merit: 82

vires in numeris


View Profile
May 22, 2018, 11:32:14 AM
Last edit: May 22, 2018, 12:06:10 PM by 4rt3m

Market fear is increasing   Undecided



https://alternative.me/crypto/fear-and-greed-index/
1563864167
Hero Member
*
Offline Offline

Posts: 1563864167

View Profile Personal Message (Offline)

Ignore
1563864167
Reply with quote  #2

1563864167
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1563864167
Hero Member
*
Offline Offline

Posts: 1563864167

View Profile Personal Message (Offline)

Ignore
1563864167
Reply with quote  #2

1563864167
Report to moderator
1563864167
Hero Member
*
Offline Offline

Posts: 1563864167

View Profile Personal Message (Offline)

Ignore
1563864167
Reply with quote  #2

1563864167
Report to moderator
1563864167
Hero Member
*
Offline Offline

Posts: 1563864167

View Profile Personal Message (Offline)

Ignore
1563864167
Reply with quote  #2

1563864167
Report to moderator
Phil_S
Sr. Member
****
Offline Offline

Activity: 756
Merit: 293


We choose to go to the moon


View Profile
May 22, 2018, 11:58:43 AM

Big wall at 8200. We're going to dip under 8000, aren't we? Damn it.
fortune143
Member
**
Offline Offline

Activity: 87
Merit: 13

favours the true


View Profile
May 22, 2018, 12:12:34 PM

Looks like we're heading due south at the mo, who's selling right now?



Those fools are selling up good then cos that 1d candle is getting longer and redder and longer.
kingcolex
Legendary
*
Offline Offline

Activity: 1904
Merit: 1195


CyberDice - Best Bitcoin Dice Game


View Profile
May 22, 2018, 12:18:04 PM

Big wall at 8200. We're going to dip under 8000, aren't we? Damn it.
we'll see how strong $8100 hits If we actually dip under 8 it should be momentarily $8000 is pretty strong.

Edit:Looks like resistance is coming possiblity leading back to $8200 and a holding up.
starmman
Legendary
*
Offline Offline

Activity: 1330
Merit: 1029



View Profile
May 22, 2018, 01:04:32 PM


nice link - I wonder what is causing the selling today? Time to check the news
Globb0
Legendary
*
Offline Offline

Activity: 1946
Merit: 1380


Monerotard


View Profile
May 22, 2018, 01:04:56 PM


Increasing, as in lower than last week. Right.

fluidjax
Hero Member
*****
Offline Offline

Activity: 740
Merit: 552



View Profile
May 22, 2018, 01:36:30 PM

Using Bitmex?
Take a read of these allegations....

https://medium.com/@mattcollburner/bitmex-insiders-caught-in-a-web-of-lies-6d9b90baa693
Torque
Legendary
*
Offline Offline

Activity: 1848
Merit: 1501



View Profile
May 22, 2018, 01:42:30 PM
Last edit: May 23, 2018, 02:30:38 AM by Torque


What's this credit cycle referred to in the image?

edit: i found it. supposed to be total industrial credit and loans as a percentage of US GDP.

...is this chart suggesting we're about to hit another recession, when, in the opinion of most of my friends we never recovered from the last one? oh joy.

mind you, "we" basically means "me" in this case, as in the friend or friends in question were in a better place financially before the 2008 housing bubble and have yet to return to solid footing. heck, i sure was.

Overall, it looks quite bullish (see blue line):



 Grin

Zoom out. There is a crash coming that goes well below the bottom of that chart.

The funny thing is, the corrupt elite banking establishment and Wall Street had fully planned to sell their overpriced corporate shares into the hands of Average Joes as the economy fully recovered and was running strong again. About this point in time. Leaving the retail public holding heavy bags once again. Just like they did in 1999, and again in 2007. Then they would raise interest rates, crash the market, lower rates, money print and buy up all the cheap shares at the bottom once again. That's the only way it works for them, a repeating zero sum game.

Problem is though, their gambit didn't work this time. The economy never recovered like they hoped. Average Joe is not buying those expensive stocks. He is now swimming in personal debt and barely able to service it, and now has his "eyes fully open" in terms of what Wall Street does, their lies and the games they play. Not only does Average Joe not want to buy those expensive shares this time around, he's hip to their game, and he's broke and has no money. Any extra money he might have would probably go to Bitcoin and PMs, not stock shares. Hell, I know guys that are now talking about completely liquidating their 401ks and never contributing to them again.

So now Wall Street is REALLY fucked. They've lost the mind share of the public that they needed to continue their fraud game. That's why they are trotting out people like Buffett, Gates, and Munger to "reassure" everyone that the stock market is still the best way to go, and is still safe.

"Fool me once, shame on you. Fool me twice, shame on me. Fool me three times, I'm a complete fucking idiot that deserves my fate."  Grin
STT
Legendary
*
Offline Offline

Activity: 2156
Merit: 1136



View Profile WWW
May 22, 2018, 02:03:11 PM

Its not bullish till it holds that blue line, a break would also illustrate a harder selloff then normal.    The trend just shows a point of significance not that it must bounce at that point.  Anyhow before that time we have the credit contraction and tumble in pricing.     That seems quite likely to happen with Federal reserve no longer operating QE, some small raising of rates and if they actually stop renewing the debt they buy and just return it to market then that raises market rates quite I think.

FED was the largest buyer by far in this last decade, larger then China or Japan which holds 1 tn of US treasurys.   If they arent buying and even selling, its a tide change that possibly alters the price of everything that dollar touches.
Japan I dont see as a solid pair of hands btw, how long can they justify holding a depreciating asset while also being greatly or even greater debt themselves I dont understand how that is justified except via politics.


Quote
You should considering buying more Bitcoin before doom happens.
Does Bitcoin gain during a credit contraction.   In 2008 it was said Dollar would suffer but its value spiked quite heavily and that'd likely be inverse to Bitcoin then I think.    To see a rise in BTC I think we'd need to see USD index, DXY falling or continuing to fall.    Theres alot of uncertainty if that will happen but lower dollar also means higher oil price, USA does have alot more production now which is good but its also the largest consumer so higher pricing places a further burden on the economy.


I see the Bitcoin price wavering sideways after breaking out of a downtrend.   In terms of trending I think it needs to break out of a range to move especially short term.
Torque
Legendary
*
Offline Offline

Activity: 1848
Merit: 1501



View Profile
May 22, 2018, 02:07:14 PM

Quote
You should considering buying more Bitcoin before doom happens.
Does Bitcoin gain during a credit contraction.   In 2008 it was said Dollar would suffer but its value spiked quite heavily and that'd likely be inverse to Bitcoin then I think.    To see a rise in BTC I think we'd need to see USD index, DXY falling or continuing to fall.    Theres alot of uncertainty if that will happen but lower dollar also means higher oil price, USA does have alot more production now which is good but its also the largest consumer so higher pricing places a further burden on the economy.

Bitcoin might fall some initially along with stocks. But if they fire up massive QE again and go back to ZIRP, Bitcoin will then probably go on the craziest bull run we've seen yet.
4rt3m
Member
**
Offline Offline

Activity: 616
Merit: 82

vires in numeris


View Profile
May 22, 2018, 02:07:44 PM
Last edit: May 22, 2018, 02:24:03 PM by 4rt3m

18 may is Pizza Bitcoin Day, in 2010 laszlo posted an offer to purchase 2 pizzas for 10,000 BTC.

https://bitcointalk.org/index.php?topic=137.0

In memory of this story, Ledger released Pizza Bitcoin Day version of their wallet Ledger Nano S. Limited to 1337. Price is 119 Euro.




Packaging on point.

4rt3m
Member
**
Offline Offline

Activity: 616
Merit: 82

vires in numeris


View Profile
May 22, 2018, 02:15:22 PM


Increasing, as in lower than last week. Right.



You didn't understand how this scale works, right?
jbreher
Legendary
*
Offline Offline

Activity: 2450
Merit: 1300


lose: unfind ... loose: untight


View Profile
May 22, 2018, 02:43:11 PM

The funny thing is, the corrupt elite banking establishment and Wall Street had fully planned to sell their overpriced corporate shares into the hands Average Joes as the economy fully recovered and was running strong again. About this point in time. Leaving the retail public holding heavy bags once again. Just like they did in 1999, and again in 2007. Then they would raise interest rates, crash the market, lower rates, money print and buy up all the cheap shares at the bottom once again. That's the only way it works for them, a repeating zero sum game.

Problem is though, their gambit didn't work this time. The economy never recovered like they hoped. Average Joe is not buying those expensive stocks. He ... now has his "eyes fully open" in terms of what Wall Street does, their lies and the games they play. Not only does Average Joe not want to buy those expensive shares this time around, he's hip to their game,

If your second quoted paragraph be true, Torque, that would be cause for hope for the future. But what evidence supports this assertion?
Torque
Legendary
*
Offline Offline

Activity: 1848
Merit: 1501



View Profile
May 22, 2018, 02:46:26 PM
Last edit: May 22, 2018, 03:58:51 PM by Torque

The funny thing is, the corrupt elite banking establishment and Wall Street had fully planned to sell their overpriced corporate shares into the hands Average Joes as the economy fully recovered and was running strong again. About this point in time. Leaving the retail public holding heavy bags once again. Just like they did in 1999, and again in 2007. Then they would raise interest rates, crash the market, lower rates, money print and buy up all the cheap shares at the bottom once again. That's the only way it works for them, a repeating zero sum game.

Problem is though, their gambit didn't work this time. The economy never recovered like they hoped. Average Joe is not buying those expensive stocks. He ... now has his "eyes fully open" in terms of what Wall Street does, their lies and the games they play. Not only does Average Joe not want to buy those expensive shares this time around, he's hip to their game,

If your second quoted paragraph be true, Torque, that would be cause for hope for the future. But what evidence supports this assertion?

If Average Joe was buying up stocks at retail left and right at this time, then U.S. corporations would have zero need for a huge tax cut/repatriation to massively buy back their own stock shares. But they desperately needed it to kick the can down the road. It's the only thing keeping the stock market propped up right now and it's all fake.
http://www.businessinsider.com/tax-cuts-unintended-effect-on-company-spending-shows-economic-risk-2018-5

They'll keep buying back their own stock shares until one of two things happen:
1. Economy recovers and Average Joe retailer comes roaring back into the stock market (ain't gonna happen)
2. Rising inflation forces the Fed to raise interest rates (definitely going to happen, it's happening now)

They keep trying to bait Average Joe back into the markets, but it ain't working:
http://www.businessinsider.com/stock-market-recommendation-goldman-sachs-says-biggest-worry-overblown-2018-5
kingcolex
Legendary
*
Offline Offline

Activity: 1904
Merit: 1195


CyberDice - Best Bitcoin Dice Game


View Profile
May 22, 2018, 02:58:46 PM

18 may is Pizza Bitcoin Day, in 2010 laszlo posted an offer to purchase 2 pizzas for 10,000 BTC.

https://bitcointalk.org/index.php?topic=137.0

In memory of this story, Ledger released Pizza Bitcoin Day version of their wallet Ledger Nano S. Limited to 1337. Price is 119 Euro.




Packaging on point.


I seriously may be buying one of these today, I need a ledger to add to my Hardware wallet collection regardless.
4rt3m
Member
**
Offline Offline

Activity: 616
Merit: 82

vires in numeris


View Profile
May 22, 2018, 03:03:38 PM

I seriously may be buying one of these today, I need a ledger to add to my Hardware wallet collection regardless.
If I wouldn’t have one, I’d definitely wait for 28th May and buy limited edition one. Especially for collection.
sirazimuth
Legendary
*
Offline Offline

Activity: 1610
Merit: 1148


born once atheist


View Profile
May 22, 2018, 03:16:34 PM



"Fool me once, shame on you. Fool me twice, shame on me. Fool me three times, I'm a complete fucking idiot that deserves my fate."  Grin

Or as Dubya would famously put it....
https://www.youtube.com/watch?v=KjmjqlOPd6A    Cheesy
sirazimuth
Legendary
*
Offline Offline

Activity: 1610
Merit: 1148


born once atheist


View Profile
May 22, 2018, 03:25:27 PM

18 may is Pizza Bitcoin Day, in 2010 laszlo posted an offer to purchase 2 pizzas for 10,000 BTC.

https://bitcointalk.org/index.php?topic=137.0

In memory of this story, Ledger released Pizza Bitcoin Day version of their wallet Ledger Nano S. Limited to 1337. Price is 119 Euro.




Packaging on point.


I seriously may be buying one of these today, I need a ledger to add to my Hardware wallet collection regardless.

But does it support Bitcoin Pizza? Grin
kingcolex
Legendary
*
Offline Offline

Activity: 1904
Merit: 1195


CyberDice - Best Bitcoin Dice Game


View Profile
May 22, 2018, 03:44:42 PM

18 may is Pizza Bitcoin Day, in 2010 laszlo posted an offer to purchase 2 pizzas for 10,000 BTC.

https://bitcointalk.org/index.php?topic=137.0

In memory of this story, Ledger released Pizza Bitcoin Day version of their wallet Ledger Nano S. Limited to 1337. Price is 119 Euro.




Packaging on point.


I seriously may be buying one of these today, I need a ledger to add to my Hardware wallet collection regardless.

But does it support Bitcoin Pizza? Grin
Watch your joke before someone does a Domino's coin ico.
Globb0
Legendary
*
Offline Offline

Activity: 1946
Merit: 1380


Monerotard


View Profile
May 22, 2018, 03:56:54 PM

Perhaps they should have charged 10,000$ for it though
Pages: « 1 ... 20403 20404 20405 20406 20407 20408 20409 20410 20411 20412 20413 20414 20415 20416 20417 20418 20419 20420 20421 20422 20423 20424 20425 20426 20427 20428 20429 20430 20431 20432 20433 20434 20435 20436 20437 20438 20439 20440 20441 20442 20443 20444 20445 20446 20447 20448 20449 20450 20451 20452 [20453] 20454 20455 20456 20457 20458 20459 20460 20461 20462 20463 20464 20465 20466 20467 20468 20469 20470 20471 20472 20473 20474 20475 20476 20477 20478 20479 20480 20481 20482 20483 20484 20485 20486 20487 20488 20489 20490 20491 20492 20493 20494 20495 20496 20497 20498 20499 20500 20501 20502 20503 ... 24619 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!