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Question: When will we see a new ATH?
2023 - 50 (24.3%)
2024 - 83 (40.3%)
2025 - 55 (26.7%)
2026 - 4 (1.9%)
2027 - 2 (1%)
After 2027 - 3 (1.5%)
Never - 9 (4.4%)
Total Voters: 206

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26082364 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.)
bitserve
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July 24, 2018, 10:17:57 AM

See all those 4 decimal digits on Bitfinex executed orders? Those are rekt shorts being liquidated  Grin
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July 24, 2018, 10:19:18 AM

See all those 4 decimal digits on Bitfinex executed orders? Those are rekt shorts being liquidated  Grin
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July 24, 2018, 10:22:12 AM

New wedge formation



Detail


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July 24, 2018, 10:27:09 AM

See all those 4 decimal digits on Bitfinex executed orders? Those are rekt shorts being liquidated  Grin

But but but I was promised $5000 BTC:
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July 24, 2018, 10:28:59 AM

hello 8000$ ah ok
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July 24, 2018, 10:39:17 AM

hello $8100

at this point, micgoossens, you should disqualify everyone from the game whose bet is 4-digits, haha. Smiley
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July 24, 2018, 10:58:46 AM

Is that a dildo in your pocket or are you just happy to see me?
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July 24, 2018, 11:00:44 AM

Seems a lot happier in here. Long may it continue.

Where are the $2000 - $4000 predictions now hey?

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July 24, 2018, 11:07:40 AM

It looks like Bitcoin is doing a bit better, we have been down to the 5000s twice and bounced, and another time at 6400 and bounced. So, it does seem like that price area could be a (hopefully the) bottom. This last bounce seems a little different to me though then the previous 2, the reason I'm thinking it is different is the Yuan.

When I look back at the 2015/16 charts I wonder why did the price start going up at that time frame. I'm guessing because most of the panic sellers had left and only the true believers remained, also the upcoming halving, and a few other things. But, what sparked the interest from the new buyers? I'm thinking it might of been the devaluation in the Yuan that started substantially in 2015/16.

If this is the case, we could be seeing the same thing now. If you haven't been watching the value of Yuan lately it has been taking, somewhat of a dump, and during this time Bitcoin bottomed for a third time and is now back up to 8000.

Does anyone here think that Bitcoin is still having a large influence from the Chinese?
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July 24, 2018, 11:12:13 AM

Good to see a leg up. It's been a while it seems.
I think the second half of the year, much like last year will be mostly bullish. Perhaps a new ATH.
We will see.
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July 24, 2018, 11:20:55 AM
Last edit: July 24, 2018, 11:33:15 AM by mymenace

It looks like Bitcoin is doing a bit better, we have been down to the 5000s twice and bounced, and another time at 6400 and bounced. So, it does seem like that price area could be a (hopefully the) bottom. This last bounce seems a little different to me though then the previous 2, the reason I'm thinking it is different is the Yuan.

When I look back at the 2015/16 charts I wonder why did the price start going up at that time frame. I'm guessing because most of the panic sellers had left and only the true believers remained, also the upcoming halving, and a few other things. But, what sparked the interest from the new buyers? I'm thinking it might of been the devaluation in the Yuan that started substantially in 2015/16.

If this is the case, we could be seeing the same thing now. If you haven't been watching the value of Yuan lately it has been taking, somewhat of a dump, and during this time Bitcoin bottomed for a third time and is now back up to 8000.

Does anyone here think that Bitcoin is still having a large influence from the Chinese?

Nope not really

Nor the multiple other times it was debated



actually ever since 2013 bitcoin looks like this for me




Would you believe me if I told you it was Gavin, Craig and Roger, paid shills and associates selling of coins in that 2014/2015 bear market and their new projects started up in 2015/16.


Roger knows Mark who knows the Japanese Finance minister who knows Jamie Dimon

https://www.reddit.com/r/btc/comments/71xpzg/roger_ver_makes_jamie_dimon_an_offer_he_cant/

not yet
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what is this "brake pedal" you speak of?


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July 24, 2018, 11:30:08 AM

So: topic swerve.

All y'all may recall I've been looking to Puerto Rico as a means of reducing capital gains taxes owed (I'm 'Merkin). But I've just learned of another (legitimate - according to IRS) potential route out of the system that may be as interesting:

https://www.forbes.com/sites/forbesdigitalcovers/2018/07/17/an-unlikely-group-of-billionaires-and-politicians-has-created-the-most-unbelievable-tax-break-ever/

Anyone interested in forming a study group? Or is there some other subforum here in BCT that might be better for such a discussion?

interesting article. thanks.

so i may have the option of taking tax money that otherwise would be paid to the government and more or less wasted and instead pick my own areas and technologies to invest it in instead. and it helps the little guys. im in. although it sounds too good to be true to be honest. and its new and untested. never had a problem with new and untested things before, as long as i can figure risk/reward ratios fairly well.
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July 24, 2018, 11:37:46 AM



we progress
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July 24, 2018, 11:40:20 AM

Quote from: BobLawblaw
Dude has decided he's going to ragequit his job if/when BTC hits $20k USD.
Dude, WTF?!?!!?

Oh relax.

Nothing wrong with some healthy skepticism. Can't go losing our heads yet over a nice couple day run.

When it hits $20k, you can spam my mailbox all day with "Neeneer Neener Told you so !!!", mkay ?  Kiss

Deal  Kiss
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July 24, 2018, 11:45:54 AM
Merited by JayJuanGee (1)


Would you believe me if I told you it was Gavin, Craig and Roger, paid shills and associates selling of coins in that 2014/2015 bear market and their new projects started up in 2015/16.


Roger knows Mark who knows the Japanese Finance minister who knows Jamie Dimon

https://www.reddit.com/r/btc/comments/71xpzg/roger_ver_makes_jamie_dimon_an_offer_he_cant/

not yet


Well I believe Roger and Craig are fuckwits, so they could of contributed, but that was a big bubble so no doubt the bear market had a lot of contributors. Why do you rule the Chinese out as buyers though? I am not saying they are solely responsible and I know that the Chinese control the market is pure bullshit. But, that doesn't mean they can't contribute to these things.

The Chinese obviously have a lot of money and if you look at the worlds housing markets you can see that they are very keen to get their money out of China. Despite the capital controls they are still able to do this with ease I might add. So, why wouldn't they be trying to escape a devaluing currency? that's what I'm doing with Bitcoin.

 
mymenace
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July 24, 2018, 11:52:44 AM


Would you believe me if I told you it was Gavin, Craig and Roger, paid shills and associates selling of coins in that 2014/2015 bear market and their new projects started up in 2015/16.


Roger knows Mark who knows the Japanese Finance minister who knows Jamie Dimon

https://www.reddit.com/r/btc/comments/71xpzg/roger_ver_makes_jamie_dimon_an_offer_he_cant/

not yet


Well I believe Roger and Craig are fuckwits, so they could of contributed, but that was a big bubble so no doubt the bear market had a lot of contributors. Why do you rule the Chinese out as buyers though? I am not saying they are solely responsible and I know that the Chinese control the market is pure bullshit. But, that doesn't mean they can't contribute to these things.

The Chinese obviously have a lot of money and if you look at the worlds housing markets you can see that they are very keen to get their money out of China. Despite the capital controls they are still able to do this with ease I might add. So, why wouldn't they be trying to escape a devaluing currency? that's what I'm doing with Bitcoin.


The Chinese work as decentralized large nodes

competing against each other
great for bitcoin
Everybody confuses it with One entity, whereas though I am sure the state gets something

Whats scary is when you start hearing of miners being paid off and corrupted to switch bitcoin to BCH, but thats only a rumour
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July 24, 2018, 11:52:53 AM

Oh cock.

When you haven’t looked at the price for an hour and you open your phone and it’s gone up by $200.  

I remember that feeling.  
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July 24, 2018, 11:56:48 AM

Indeed. I woke up early this morning, watched the buy/sell right around 8,000 (with a 8 coin wall to boot) then fell asleep. Open my eyes again, more money!

I like this.
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July 24, 2018, 12:02:14 PM

A few hundred more and then a pullback to $8K + would be ok right now.
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July 24, 2018, 12:06:21 PM

Next resistance point is around $8500 from memory. 
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