Bitcoin Forum
December 07, 2021, 01:04:58 AM *
News: Latest Bitcoin Core release: 22.0 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: Will we close Nov. at or above Plan B's posited minimum of $98K?
Yes - 43 (37.1%)
No - 73 (62.9%)
Total Voters: 116

Pages: « 1 ... 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 20553 20554 20555 20556 20557 20558 20559 20560 20561 20562 20563 20564 20565 20566 20567 20568 20569 20570 20571 20572 20573 20574 20575 20576 20577 20578 20579 20580 20581 20582 20583 ... 29954 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25496867 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. (158 posts by 14 users with 9 merit deleted.)
windjc
Legendary
*
Offline Offline

Activity: 2156
Merit: 1070


View Profile
June 14, 2018, 08:49:19 AM



The log trend lines will hold above $4k.  Those have never broken.


If the 4k were to break (decisively) , would that be a sell signal ?

It would mean the exponential trend is over. Read what you will in those tea leaves.
1638839098
Hero Member
*
Offline Offline

Posts: 1638839098

View Profile Personal Message (Offline)

Ignore
1638839098
Reply with quote  #2

1638839098
Report to moderator
1638839098
Hero Member
*
Offline Offline

Posts: 1638839098

View Profile Personal Message (Offline)

Ignore
1638839098
Reply with quote  #2

1638839098
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
Majormax
Legendary
*
Offline Offline

Activity: 2506
Merit: 1115


View Profile WWW
June 14, 2018, 09:15:11 AM



The log trend lines will hold above $4k.  Those have never broken.


If the 4k were to break (decisively) , would that be a sell signal ?

It would mean the exponential trend is over. Read what you will in those tea leaves.


Fair enough. I am not using the chart that way, but rather trying to determine objective support levels. My assumption is that the long trend is in place until my support levels are broken. Those levels I have stated (with reasons) in the previous posts.

There are many ways to look at this.

FractalUniverse
Hero Member
*****
Offline Offline

Activity: 1027
Merit: 558



View Profile
June 14, 2018, 09:26:19 AM

The lower it gets, the more bitcoins will be removed from market by long term holders' buying spree.
I would use such opportunity for sure. if it should get below 4-3-2 or even 1k as some pple here predict, Id probably raid my entire bank account ant put it all into bitcoin. Cheesy
LFC_Bitcoin
Legendary
*
Offline Offline

Activity: 2646
Merit: 5732


One of the world's leading Bitcoin-powered casinos


View Profile
June 14, 2018, 09:33:07 AM

The lower it gets, the more bitcoins will be removed from market by long term holders' buying spree.
I would use such opportunity for sure. if it should get below 4-3-2 or even 1k as some pple here predict, Id probably raid my entire bank account ant put it all into bitcoin. Cheesy


If it ever went below $2,000 then definitely, you’d be almost guaranteed to at least double your money, I’d imagine pretty quickly.

Test of $6,000 held though any way. Do we think the bottom is in or will there be a lower low?
El duderino_
Legendary
*
Offline Offline

Activity: 1624
Merit: 7290


Observing No-Coiners.


View Profile
June 14, 2018, 09:44:23 AM
Merited by BobLawblaw (1)

The lower it gets, the more bitcoins will be removed from market by long term holders' buying spree.
I would use such opportunity for sure. if it should get below 4-3-2 or even 1k as some pple here predict, Id probably raid my entire bank account ant put it all into bitcoin. Cheesy


If it ever went below $2,000 then definitely, you’d be almost guaranteed to at least double your money, I’d imagine pretty quickly.

Test of $6,000 held though any way. Do we think the bottom is in or will there be a lower low?

Cryptodaddy05
Member
**
Offline Offline

Activity: 252
Merit: 18


View Profile
June 14, 2018, 09:47:52 AM

I will just leave this here:

https://www.youtube.com/watch?v=xdOt7UUAPiQ

 Kiss

Interesting video from a YouTube channel I follow. Funny enough we’re at $6.5K today which is the key support level mentioned in the video, and let’s see if it breaks below this due to bot or institutional pressure or whatever and then hopefully bounces up as a False Breakout like Alessio explained. I still think the long-term exponential growth line of BTC from 2011-2018 is intact, and that’s what I’ll be basing my investing on! Long live the King!
mindrust
Legendary
*
Offline Offline

Activity: 2366
Merit: 2181



View Profile
June 14, 2018, 09:55:15 AM

I will just leave this here:

https://www.youtube.com/watch?v=xdOt7UUAPiQ

 Kiss

Interesting video from a YouTube channel I follow. Funny enough we’re at $6.5K today which is the key support level mentioned in the video, and let’s see if it breaks below this due to bot or institutional pressure or whatever and then hopefully bounces up as a False Breakout like Alessio explained. I still think the long-term exponential growth line of BTC from 2011-2018 is intact, and that’s what I’ll be basing my investing on! Long live the King!



Say hello to the mods.
mOgliE
Legendary
*
Offline Offline

Activity: 1344
Merit: 1251



View Profile
June 14, 2018, 10:05:40 AM

The lower it gets, the more bitcoins will be removed from market by long term holders' buying spree.
I would use such opportunity for sure. if it should get below 4-3-2 or even 1k as some pple here predict, Id probably raid my entire bank account ant put it all into bitcoin. Cheesy


Oh god if it was to happen...
I would so fucking love to see this! That would be incredible!!!

But I don't think it will... You get more and more people saying it's crashing. Fact is that when everyone thinks it's going down the market can only go up because everyone is starting to buy to invest.
El duderino_
Legendary
*
Offline Offline

Activity: 1624
Merit: 7290


Observing No-Coiners.


View Profile
June 14, 2018, 10:24:35 AM




allways listen to the schwarzenegger
El duderino_
Legendary
*
Offline Offline

Activity: 1624
Merit: 7290


Observing No-Coiners.


View Profile
June 14, 2018, 10:32:04 AM

Torque
Legendary
*
Offline Offline

Activity: 2702
Merit: 2877



View Profile
June 14, 2018, 10:38:33 AM
Last edit: June 14, 2018, 10:50:28 AM by Torque
Merited by LoyceV (1)

I read through the Tether manipulation paper. IMO it made two convincing points:

#1 Someone has a habit of doing this:
 - Issuing new USDT
 - Within days, moving that USDT to BitFinex, Bittrex, and/or Poloniex
 - Using that USDT to buy crypto (seemingly a portfolio of BTC & others). They especially like to buy crypto when the price is just below whole numbers.
 - Moving the resulting crypto back to BitFinex
 - Rarely or never selling the crypto for USDT again
 
The authors argue that this is Tether/BitFinex themselves, and I think that this is in fact the most likely explanation. But the authors didn't address the alternative possibility of this being a particularly ham-fisted whale who is a close partner of Tether.

#2 Due to end-of-month trading, Tether has probably always been trading with USD deposited with them (fractional-reserve), though at least until March 2017, USDT was probably not complete monopoly money, since they did go to the effort of achieving an end-of-month USD balance.

The authors also tried to argue some other points which I didn't find convincing.

Meh, theymos I know you've been around this block before.

Notice when these so-called "in-depth analysis" FUD studies come out... never during a bull run, but always after a confirmed downtrend and usually near the bottom (e.g. Willybot report, anyone? I also distinctly remember another example in mid 2014 where some well known financial institution did some "in-depth analysis" to determine the true fair market price of bitcoin forever : $1100  Tongue  Roll Eyes).

It's not the content that is suspect. It's the timing. These "studies" are designed to do one thing, and that is to keep Average Joe sidelined at the precise time he should be accumulating.
mymenace
Legendary
*
Offline Offline

Activity: 1596
Merit: 1061


Smile


View Profile
June 14, 2018, 10:47:42 AM


via @qew

cheers luv it, needs a repost
mymenace
Legendary
*
Offline Offline

Activity: 1596
Merit: 1061


Smile


View Profile
June 14, 2018, 10:50:13 AM

I read through the Tether manipulation paper. IMO it made two convincing points:

#1 Someone has a habit of doing this:
 - Issuing new USDT
 - Within days, moving that USDT to BitFinex, Bittrex, and/or Poloniex
 - Using that USDT to buy crypto (seemingly a portfolio of BTC & others). They especially like to buy crypto when the price is just below whole numbers.
 - Moving the resulting crypto back to BitFinex
 - Rarely or never selling the crypto for USDT again
 
The authors argue that this is Tether/BitFinex themselves, and I think that this is in fact the most likely explanation. But the authors didn't address the alternative possibility of this being a particularly ham-fisted whale who is a close partner of Tether.

#2 Due to end-of-month trading, Tether has probably always been trading with USD deposited with them (fractional-reserve), though at least until March 2017, USDT was probably not complete monopoly money, since they did go to the effort of achieving an end-of-month USD balance.

The authors also tried to argue some other points which I didn't find convincing.

Meh, theymos I know you've been around this block before.

Notice when these so-called "in-depth analysis" FUD studies come out... never during a bull run, but always after a confirmed downtrend and usually near the bottom (e.g. Willybot report, anyone? I also remember another example in 2014 where some financial institution did some "in-depth analysis" to determine the true fair market price of bitcoin forever : $1100  Tongue  Roll Eyes).

It's not the content that is suspect. It's the timing. These "studies" are designed to do one thing, and that is to keep Average Joe sidelined at the precise time he should be accumulating.

Yeah news everywhere

1) Bitcoin was manipulated with last highs

2) Tether

3) Bitcoin Illegal

All this news at once, nothing for weeks and boom

coordinated effort put fear in market


lets see how effective it is



it also shows desperate phase, they bringing the big guns out now because nothing else working

says volumes
V1lpu
Member
**
Offline Offline

Activity: 336
Merit: 12


View Profile
June 14, 2018, 10:56:46 AM

mindrust
Legendary
*
Offline Offline

Activity: 2366
Merit: 2181



View Profile
June 14, 2018, 10:58:02 AM

I will just leave this here:

https://www.youtube.com/watch?v=xdOt7UUAPiQ

 Kiss

He is basically saying;

"The next 24 hours are critical and if it doesn't go below from this point it's going to go up."

Very insightful. He also added;

"If you don't pay attention to my TA, you are a gambler."
Torque
Legendary
*
Offline Offline

Activity: 2702
Merit: 2877



View Profile
June 14, 2018, 11:33:42 AM

it also shows desperate phase, they bringing the big guns out now because nothing else working

says volumes

Yep.

Also, the whales have to keep up the pressure to dump and short. Because they know that once the technicals turn upward for good, the thousands of trading bots take over and the start of a new bull run gets solidified. Then other long investors and traders start coming back in. They lose a bit of control over the float and the direction of the market at that point.
Globb0
Legendary
*
Offline Offline

Activity: 2660
Merit: 2029


Free spirit


View Profile
June 14, 2018, 11:37:33 AM



I sold bits and pieces. Not enough that I'm not a mountain of regret. TBH

Don't forget at that convenient time everyone could have been rich. Their funds were also all tied up in KYC.


Elwar
Legendary
*
Offline Offline

Activity: 3570
Merit: 2376


Viva Ut Vivas


View Profile WWW
June 14, 2018, 11:39:56 AM
Merited by Globb0 (2)

You know the signature campaigners must have taken over the rest of bitcointalk if theymos is finally retreating to this thread too.
Globb0
Legendary
*
Offline Offline

Activity: 2660
Merit: 2029


Free spirit


View Profile
June 14, 2018, 11:50:29 AM
Merited by BobLawblaw (1)

You know the signature campaigners must have taken over the rest of bitcointalk if theymos is finally retreating to this thread too.

I tried to go out there a few times, to spread the merit.

Its a sad world.
shahzadafzal
Copper Member
Hero Member
*****
Online Online

Activity: 658
Merit: 933



View Profile
June 14, 2018, 11:53:42 AM

You know the signature campaigners must have taken over the rest of bitcointalk if theymos is finally retreating to this thread too.
That is a dark truth, finding a healthy discussion on bitcointalk is as rare as seeing BTC crossing $9k mark
Pages: « 1 ... 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 20553 20554 20555 20556 20557 20558 20559 20560 20561 20562 20563 20564 20565 20566 20567 20568 20569 20570 20571 20572 20573 20574 20575 20576 20577 20578 20579 20580 20581 20582 20583 ... 29954 »
  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!