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

[fabiorem]

It has to be ((( them ))). Ever since ((( they ))) decided to get involved with futures shit, we've all been played like fiddles.

Only way to win, IMO, is to HODL right now.

[1685481601]

1685481601

[JayJuanGee]

best technical analysis i've ever seen

My problem with this particular TA is that it seems to show another 20% or more of DOWN.   Such assessment could end up being true, but I am more inclined to conclude that BTC prices are at or near the end of the downward loop.  Certainly, doubts can exist while BTC prices are currently testing the support at the lows of the current consolidation range.  Will support hold?  Will support hold?  I think that chances are decent that support will hold, even holding above $6500.... but I also am not so much into fantasy land to deny that I could be in a bit of a state of wishful thinking.  Yet the fact of the matter, is that no one (including whales) really knows at what price points the support is going to hold or fail to hold... even though some whales might know whether they are running out of coins to dump or if they happen to have 20k coins (or some other decently meaningful amount) that they can dump at their discretion.

[yefi]

lol props to Coinsiglieri for that 

Another one of his...

[klondike_bar]

A few years back, when ASICMiner came onto the scene hardcore, I was chatting with someone of arguable importance, and he made the point "You know, if you believe in this Bitcoin stuff, you should really spend some of it to (blah blah blah turn the wheels of the economy)..."

 Blew 300 Bitcorns on something that never materialized. Gone. Scammed.

 With the benefit of hindsight, I really should have stuck to my guns, and my gut, that were telling me "But HODLing is a good strategy too, but this dude is smart, so... fuck..."

 KnowwhatImean ?

 Sheeit.

I feel you.
When btc was not even at 400$ I took some money to buy 5 of them even though I was just a student at that time so that was a big investment for me.
Few months after I had a similar "seemgoodopportunity" and saw 4 of those 5 btc leaving me without returning ever.
If I had the guts to keep them... So yeah knowwhatyoumean

Different paths had different results. I made a killing on antminer S1 hardware (huge btc/btc gains, but in terms of fiat/fiat during 2014 it was less impressive but still a solid profit) and some well-timed GPU/ASIC purchases while $0.12/kwh was considered *cheap*.

however, i also put several bitcoins towards a K16 avalon groupbuy and got burned on 100% of that investment. Same for investing in asicminer/friedcat (hindsight, right?)

[JayJuanGee]

More upward charts all the way down. Lets go.

Yeah well I was waiting for a re-test of $1242 when we broke $2k.  Don’t think I am going to get it. 

Hahahahahahaha

Broken record bear shills like Tera are not going to concede that they have been repeating the same bullshit since whenever they got hired to participate in these forums.  We know Tera has two user names going back to 2013 in which she has been spouting such FUDdy doom and gloom, and perhaps 2013 was when some of the bank shills and governments begun to become a bit worried about bitcoin and felt a need to put boots on the ground, including debbie downer... ?   

[infofront]

Looks like Bob left out one of hes shit kicking boots last night..  Any status reports on he's where abouts??

 Got real fucked up on screwdrivers yesterday. I think one of my drones flew off with muh boots.

 Probably somewhere over Arkansas by now.

 Not about to go fetch 'em.

 Stay out of Arkansas, people. Nothing good ever comes out of Arkansas.

Your boot and drone are filled with birdshot by now anyway.

[starmman]

Only way to win, IMO, is to HODL right now.

The only way to win is to HODL all the way up to at least $50k. At least I'm not selling a single satoshi until then.

Good luck! will be good when the price starts to recover, this week stings pretty bad =)

[kingcolex]

A few years back, when ASICMiner came onto the scene hardcore, I was chatting with someone of arguable importance, and he made the point "You know, if you believe in this Bitcoin stuff, you should really spend some of it to (blah blah blah turn the wheels of the economy)..."

 Blew 300 Bitcorns on something that never materialized. Gone. Scammed.

 With the benefit of hindsight, I really should have stuck to my guns, and my gut, that were telling me "But HODLing is a good strategy too, but this dude is smart, so... fuck..."

 KnowwhatImean ?

 Sheeit.

I feel you.
When btc was not even at 400$ I took some money to buy 5 of them even though I was just a student at that time so that was a big investment for me.
Few months after I had a similar "seemgoodopportunity" and saw 4 of those 5 btc leaving me without returning ever.
If I had the guts to keep them... So yeah knowwhatyoumean

Different paths had different results. I made a killing on antminer S1 hardware (huge btc/btc gains, but in terms of fiat/fiat during 2014 it was less impressive but still a solid profit) and some well-timed GPU/ASIC purchases while $0.12/kwh was considered *cheap*.

however, i also put several bitcoins towards a K16 avalon groupbuy and got burned on 100% of that investment. Same for investing in asicminer/friedcat (hindsight, right?)

I remember reinvesting Bitcoin after Bitcoin on those fucking stick miners, must have spent 10btc on them. The s1 cost me too but I definitely ROId on it, that pencil mod was great.

[Karartma1]

https://www.investinblockchain.com/periodic-table-cryptocurrencies/

maxim. version:

Great! Well done V8

By the way, sheeit. What the fuck happened. I spent one hour reading the last few pages but nobody has a clue.

Triple-Sheeit, I need a triple malt

[Last of the V8s]

wait what happened? nothing. all week it's been flat flat flat

oh and btrashlol doublespends; and EOS is a pile of steeming poo

[RayX12]

+1WOsmerit
The funny truth!

[RayX12]

You missed the caption!

PUMP IT!

 

[RayX12]

The Igor Bogdanoff reverse Pattern:

[kalehon]

after today

[4rt3m]

[kingcolex]

Looks like the mainstream finance guys are blaming the dump on that shit Korean exchange. Which they say got hacked for $40 million, which is weird since that's close to the amount the asian whale sent to an exchange right before the dump.

[Real_Ramsey]

triple bottom, bout to move up soon.

[mindrust]

Looks like the mainstream finance guys are blaming the dump on that shit Korean exchange. Which they say got hacked for $40 million, which is weird since that's close to the amount the asian whale sent to an exchange right before the dump.

I totally missed these kinds of action. This reminds me good old exchange hacks and btc-e trollbox craziness. Gotta grab some of those cheap coins.  

[STT]

Surprisingly bullish  (relatively) view by stock trader on BTC, just watching their live facebook talk



They dont see this as fatalistic or 'done and dusted' move.    Roughly described as an indecisive area until we lose 6400 to confirm a break.   I'll have to watch this back and revise exactly how they intend that interpretation but I agree in general terms the move is still arrested not really moving like I'd expect a genuine break

My retirement went from living on the beach in Tahiti with the price over $10k. Then living in Thailand under 10k. Now I'm on a ratty old bus on my way to Cambodia.

Not many countries cheaper than Cambodia. Please don't drop any further.

China has the 'problem' of rising wages, Vietnam now undercuts China for general labour costs.   I imagine you will find some very cheap opportunities in Vietnam however its most definitely communist and not a good currency base.   I hear they buy houses by agreeing a price in gold bars, who knows they might take BTC could be ideal

[Raja_MBZ]

A (big) jump from here will make bitcoin have a confirmed:

-three rivers bottom
-giant diamond bottom
-triple bottom

...and bears will have wet-pants bottom