Bitcoin Forum
June 07, 2023, 11:42:08 PM *
News: Latest Bitcoin Core release: 25.0 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: When will we see a new ATH?
2023 - 56 (21.5%)
2024 - 105 (40.2%)
2025 - 75 (28.7%)
2026 - 4 (1.5%)
2027 - 2 (0.8%)
After 2027 - 5 (1.9%)
Never - 14 (5.4%)
Total Voters: 261

Pages: « 1 ... 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 20504 20505 20506 20507 20508 20509 20510 20511 20512 20513 20514 20515 20516 20517 20518 20519 20520 20521 20522 20523 20524 20525 20526 20527 20528 20529 20530 20531 20532 20533 20534 20535 20536 20537 20538 20539 20540 20541 20542 20543 20544 20545 20546 20547 20548 20549 20550 20551 20552 ... 32296 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26120262 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. (170 posts by 5 users with 9 merit deleted.)
Toxic2040
Legendary
*
Offline Offline

Activity: 1680
Merit: 3799



View Profile
June 11, 2018, 08:42:04 PM
Merited by Last of the V8s (1)

Cryptocred knocking another one out of the park. I highly recommend checking it out.

Risk management.

https://www.youtube.com/watch?v=ofwtsc20hOY







-------
Bitcoin


MSM is clueless...there is no way yesterdays correction was caused by one tiny tiny exchange getting brute forced... sorry..I dont buy it.  That would be like claiming it was caused by Tone's and Doug's bet. Nope... still not buying it.

Perhaps longs were getting out of control...and the market had to slam the door on some of them is one opinion. Some are saying its just a general technical correction..that the market was oversold. As in most things its usually a combination of events. Personal I think its was mostly due to panic selling over the CTFC news of a price manipulation probe coinciding with a general correction. Momentum gathers quickly once the tides shift.
1686181328
Hero Member
*
Offline Offline

Posts: 1686181328

View Profile Personal Message (Offline)

Ignore
1686181328
Reply with quote  #2

1686181328
Report to moderator
Bitcoin addresses contain a checksum, so it is very unlikely that mistyping an address will cause you to lose money.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1686181328
Hero Member
*
Offline Offline

Posts: 1686181328

View Profile Personal Message (Offline)

Ignore
1686181328
Reply with quote  #2

1686181328
Report to moderator
kingcolex
Legendary
*
Offline Offline

Activity: 2366
Merit: 1258



View Profile
June 11, 2018, 08:43:04 PM

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
I'd be popping a bottle of $6 champagne.
LFC_Bitcoin
Legendary
*
Offline Offline

Activity: 3192
Merit: 8253


#1 VIP Crypto Casino


View Profile
June 11, 2018, 08:56:22 PM

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

Let’s hope so because I’m starting to get a little concerned atm
RayX12
Hero Member
*****
Offline Offline

Activity: 952
Merit: 552


View Profile
June 11, 2018, 09:17:01 PM

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

Let’s hope so because I’m starting to get a little concerned atm

Just wait a year or two and we will be millionaires like the first hodlers.
Until then enjoy the ride!
Go Bitcoin Go!
European Central Bank
Legendary
*
Offline Offline

Activity: 1288
Merit: 1087



View Profile
June 11, 2018, 09:22:57 PM
Merited by Raja_MBZ (1)

Let’s hope so because I’m starting to get a little concerned atm

why? 20 grand was just as dumb an overshoot as 2013 but maybe less crooked, though that may not be a dead cert yet. $3-5k is more than possible or lower and that would be pretty normal based on previous behavior. i'd only get concerned if it went sub $1000.
Rosewater Foundation
Sr. Member
****
Offline Offline

Activity: 392
Merit: 254



View Profile
June 11, 2018, 10:09:06 PM

Let’s hope so because I’m starting to get a little concerned atm

why? 20 grand was just as dumb an overshoot as 2013 but maybe less crooked, though that may not be a dead cert yet. $3-5k is more than possible or lower and that would be pretty normal based on previous behavior. i'd only get concerned if it went sub $1000.


Screw that noise, Jack! You should be more salty. This is a bloody epic tragedy of epic proportions.
European Central Bank
Legendary
*
Offline Offline

Activity: 1288
Merit: 1087



View Profile
June 11, 2018, 10:18:46 PM

Screw that noise, Jack! You should be more salty. This is a bloody epic tragedy of epic proportions.

uh, ok.

oh the humanity.

yowzers and stuff.
RayX12
Hero Member
*****
Offline Offline

Activity: 952
Merit: 552


View Profile
June 11, 2018, 10:21:11 PM

Let’s hope so because I’m starting to get a little concerned atm

why? 20 grand was just as dumb an overshoot as 2013 but maybe less crooked, though that may not be a dead cert yet. $3-5k is more than possible or lower and that would be pretty normal based on previous behavior. i'd only get concerned if it went sub $1000.


Screw that noise, Jack! You should be more salty. This is a bloody epic tragedy of epic proportions.

Exaggeration..  only a healthy correction.  Grin Grin
Last of the V8s
Legendary
*
Offline Offline

Activity: 1652
Merit: 4392


Be a bank


View Profile
June 11, 2018, 10:21:58 PM

He worries.
JayJuanGee
Legendary
*
Offline Offline

Activity: 3374
Merit: 8402


ESG, KYC & AML are attack vectors on Bitcoin


View Profile
June 11, 2018, 10:22:26 PM

#random

On today's episode of satoshis.place.

Stay weird, Bitcoinlandia !


bitcoin is all about lambos and penises.

oh, and about bottoms of course.


Not too exciting for me to look at penises.

Couldn't we just stick with the hookers, blow and lambos mantra?   Has a nice ring to it, no?
JayJuanGee
Legendary
*
Offline Offline

Activity: 3374
Merit: 8402


ESG, KYC & AML are attack vectors on Bitcoin


View Profile
June 11, 2018, 10:27:32 PM

I do have a pressing question however..  I believe we need to have these particular bottoms quantified and rated from left to right..what say you gentlemen?

For me..I have to say I appreciate the one on the far right the most..  Not sure if its that smile that accompanies it or the slight knock knee'edness...

I'll take the plumpest one, on the left.  Wink

I'm stuck with the one in the middle, since I am a slow poke.  Poor me.   Cry
The one on the right is definitely the best but the left most is just hotter.


Would be difficult to kick any of them out of bed for eating crackers, even if you are not "into" girls.    hahahahahaha   Shocked   
RejectedBanana
Sr. Member
****
Offline Offline

Activity: 406
Merit: 551


I am a banana.


View Profile
June 11, 2018, 10:32:01 PM
Merited by Toxic2040 (1), Last of the V8s (1)

MSM is clueless...there is no way yesterdays correction was caused by one tiny tiny exchange getting brute forced... sorry..I dont buy it.  That would be like claiming it was caused by Tone's and Doug's bet. Nope... still not buying it.

Perhaps longs were getting out of control...and the market had to slam the door on some of them is one opinion. Some are saying its just a general technical correction..that the market was oversold. As in most things its usually a combination of events. Personal I think its was mostly due to panic selling over the CTFC news of a price manipulation probe coinciding with a general correction. Momentum gathers quickly once the tides shift.

For a little Straight Outta My Ass Non-TA:

If you ignore the obviously manipulated Bart action (anything near-vertical on a 4 hr chart) the majority of background action appears surprisingly and overwhelmingly bullish. It's punctuated by relatively brief and steep bearish intervals.

To me, the Bart action stinks to high heaven of whales still trying to cash out gracefully via OTC but being absolutely played by their OTC brokers. At the moment, whales are selling faster than the OTC market can absorb, leading to an overall downtrend, or at least sideways equilibrium. At some point, whalebears will run out of ammunition and the background uptrend will once again dominate.

I suspect it's Wall St and institutions slurping up most of the whale poop. Several regulated brokers (Fidelity, Goldman, JP Morgan, etc) are on the brink of offering their own Bitcoin exchanges, and are probably in bed with the OTC brokers, accumulating, accumulating, accumulating. Of course, they're getting played by their OTC intermediaries, too, resulting in reverse Bart action and uptrends. I wouldn't be surprised if it's these Wall St guys crying foul in the first place and putting pressure on the CFTC to investigate unregulated OTC/futures manipulation and level the playing field before the flood gates open. This is causing further whale and OTC broker panic to hurry up and unload before regulators shine a light and scatter the roaches in their corner, too.

Why OTC in the first place? Besides avoiding thinly traded exchange slippage, OTC brokers don't typically report anything to the IRS or other tax authorities. I suspect KYC/AML is much more lax as well, as long as you got the coin to play. Privacy comes at a price, though, and it's name is manipulation.

Meanwhile, small fry retail guys are quietly accumulating, driving the bullish background action we see on the charts.

Straight Outta My Ass

4 hr candles
RayX12
Hero Member
*****
Offline Offline

Activity: 952
Merit: 552


View Profile
June 11, 2018, 10:44:04 PM

MSM is clueless...there is no way yesterdays correction was caused by one tiny tiny exchange getting brute forced... sorry..I dont buy it.  That would be like claiming it was caused by Tone's and Doug's bet. Nope... still not buying it.

Perhaps longs were getting out of control...and the market had to slam the door on some of them is one opinion. Some are saying its just a general technical correction..that the market was oversold. As in most things its usually a combination of events. Personal I think its was mostly due to panic selling over the CTFC news of a price manipulation probe coinciding with a general correction. Momentum gathers quickly once the tides shift.

For a little Straight Outta My Ass Non-TA:

If you ignore the obviously manipulated Bart action (anything near-vertical on a 4 hr chart) the majority of background action appears surprisingly and overwhelmingly bullish. It's punctuated by relatively brief and steep bearish intervals.

To me, the Bart action stinks to high heaven of whales still trying to cash out gracefully via OTC but being absolutely played by their OTC brokers. At the moment, whales are selling faster than the OTC market can absorb, leading to an overall downtrend, or at least sideways equilibrium. At some point, whalebears will run out of ammunition and the background uptrend will once again dominate.

I suspect it's Wall St and institutions slurping up most of the whale poop. Several regulated brokers (Fidelity, Goldman, JP Morgan, etc) are on the brink of offering their own Bitcoin exchanges, and are probably in bed with the OTC brokers, accumulating, accumulating, accumulating. Of course, they're getting played by their OTC intermediaries, too, resulting in reverse Bart action and uptrends. I wouldn't be surprised if it's these Wall St guys crying foul in the first place and putting pressure on the CFTC to investigate unregulated OTC/futures manipulation and level the playing field before the flood gates open. This is causing further whale and OTC broker panic to hurry up and unload before regulators shine a light and scatter the roaches in their corner, too.

Why OTC in the first place? Besides avoiding thinly traded exchange slippage, OTC brokers don't typically report anything to the IRS or other tax authorities. I suspect KYC/AML is much more lax as well, as long as you got the coin to play. Privacy comes at a price, though, and it's name is manipulation.

Meanwhile, small fry retail guys are quietly accumulating, driving the bullish background action we see on the charts.

Straight Outta My Ass

4 hr candles

Beautiful Out of Your Ass TA
Confirmed



Confirmed!
Gab0
Full Member
***
Offline Offline

Activity: 283
Merit: 127



View Profile
June 11, 2018, 11:02:06 PM

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


I'd like to think you're right ... but until now, you're the most reliable contraindicator I've been able to find in this thread since December 17th.


Alright, so it's clear that bitcoins future trading at CME will be rolling out in approximately 3 hours and 5 minutes from now. Things are going to get interesting, I don't know why but I'm sensing $22k-$25k within first couple of hours. CBOE is nothing like CME, CME has a much larger volume than CBOE. So we can go more wilder than before.

http://www.cmegroup.com/trading/equity-index/us-index/bitcoin_contract_specifications.html

I read that message as they say TODAY that trading will start TOMORROW.

Well I re-read that and seems like you're correct. Today they notified that tomorrow the trading will begin.

I think the next 28 hours can go in a big pump-mode, and then the market will calm down. I still think it can cross $22k to $25k within or right after this period.


The price drops to ~ 10700


Below $7k-$8k, there're heck of buy orders ready, so there's almost no chance of seeing $6xxx again IMO.


 Roll Eyes


Bitcoin seems to be stabilizing at $11,000, and looking bullish. I'd not be surprised if it surpasses $12,000 within the next 2 days.


Days later price crashes to ~ 7000



Ignore the green/red combination of candles, but this is something that's probably gonna happen in next 3 days:




3 days later, the price touches ~ 6400


This is probably the last month (*of our lifetimes) which can get you a bitcoin for below $10,000.

 Cheesy

We've strong support at around $7800, probably, we're not going below that.

Days later price drops around ~ 7000

JayJuanGee
Legendary
*
Offline Offline

Activity: 3374
Merit: 8402


ESG, KYC & AML are attack vectors on Bitcoin


View Profile
June 11, 2018, 11:16:44 PM

Let’s hope so because I’m starting to get a little concerned atm

why? 20 grand was just as dumb an overshoot as 2013 but maybe less crooked, though that may not be a dead cert yet. $3-5k is more than possible or lower and that would be pretty normal based on previous behavior. i'd only get concerned if it went sub $1000.


Screw that noise, Jack! You should be more salty. This is a bloody epic tragedy of epic proportions.

Exaggeration..  only a healthy correction.  Grin Grin


If we go below $6k, I am going to start worrying, and I would worry all the way down to $1k and below.  The lower it goes, the more I would worry.  However, I am also planning to buy BTC all the way down too... while I am worrying.   I may start to have to really budget my fiat if the BTC price were to go significantly below $3k - because at each stage that the BTC price goes down, the more that I have to dig into reserves, then reserve reserves, then reserve reserve reserves, then reserves x4, etc. etc. etc....   Then running out of reserves would mean to HODL and to worry more. 

In other words, $3k seems like the absolute bottom of any worser case scenario, but it would be better if $6,500 and $6k support levels don't get broken.
4rt3m
Full Member
***
Offline Offline

Activity: 770
Merit: 146



View Profile
June 11, 2018, 11:36:10 PM

PLEASE READ IF YOU POST IMAGES THERE

[img width=500] — this is what you need to type before you post a picture. Digits can be different (100, 300, 700 etc.), more or less, but it would save space on page, especially when someone quote your post with image.  Thank you!
junckmonkey
Newbie
*
Offline Offline

Activity: 27
Merit: 0


View Profile
June 11, 2018, 11:45:22 PM

should i buy this?

NM, BTGDDIP!a2!!1wooooohweeeeeee
kingcolex
Legendary
*
Offline Offline

Activity: 2366
Merit: 1258



View Profile
June 11, 2018, 11:53:22 PM

Small pump hell yeah!
junckmonkey
Newbie
*
Offline Offline

Activity: 27
Merit: 0


View Profile
June 11, 2018, 11:58:44 PM

Small pump hell yeah!

woooh, going for it, wish me luck!!!

OMG: I'm FAt!!!
JayJuanGee
Legendary
*
Offline Offline

Activity: 3374
Merit: 8402


ESG, KYC & AML are attack vectors on Bitcoin


View Profile
June 12, 2018, 12:04:15 AM

Small pump hell yeah!

woooh, going for it, wish me luck!!!

Why wish you luck?  Has this become a gambling thread, now?

You come off as an attention seeking troll that is preparing to come back to the thread and to whine about all the money you supposedly lost from having had entered a leverage long and mortgaging your house based on your emotions.   Roll Eyes
Pages: « 1 ... 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 20504 20505 20506 20507 20508 20509 20510 20511 20512 20513 20514 20515 20516 20517 20518 20519 20520 20521 20522 20523 20524 20525 20526 20527 20528 20529 20530 20531 20532 20533 20534 20535 20536 20537 20538 20539 20540 20541 20542 20543 20544 20545 20546 20547 20548 20549 20550 20551 20552 ... 32296 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!