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Question: Which price is bitcoin going to reach first? (credits to Jay)
$25K - 56 (35.7%)
$50K - 101 (64.3%)
Total Voters: 157

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25372317 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. (157 posts by 13 users deleted.)
realr0ach
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August 26, 2018, 07:18:52 AM
Last edit: August 26, 2018, 07:31:40 AM by realr0ach

Anyone has a theory why volume dried up to 3 billion?

Is crypto dead?  Lips sealed

All I know is, I've never been more entertained than browsing various internet forums (not this one) and viewing all the BTC trading fails:



Some of these people are still holding large quantities of things like dogecoins while underwater 50% or more claiming they're going to be $100 each someday.  The rest of the newer BTC entrants are just waiting for someone to pump so they can dump on them and try to negate losses, along with all the 'hodlers' waiting to dump too.  That's why I made the statement the only way this market is going up is if BTC is a US govt backed bait and switch scam to try and trick people into a cashless society slave system (odds of that are probably high when they've done virtually nothing to try and stop it), because no sane pumper on earth would touch this with all these people waiting to dump on him.
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August 26, 2018, 08:21:39 AM



Your scenario seems plausible. The current rally is lacklustre. But there is no catalyst (yet) for a sell off and such sell off going through $5,000.

Bear markets take so much patience .....
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August 26, 2018, 08:27:53 AM
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August 26, 2018, 08:32:55 AM
Last edit: August 26, 2018, 08:43:02 AM by HairyMaclairy



Your scenario seems plausible. The current rally is lacklustre. But there is no catalyst (yet) for a sell off and such sell off going through $5,000.

Bear markets take so much patience .....

The catalyst is breaking downwards through the exponential trend line from 2012 that supported the cryptowinter (shown above as the rising trend line).  It is somewhat serendipitous that the currrent falling trend line from peak, current support ~$5700 and historic exponential trend line from 2012 all meet at a single point.

 We don’t have enough buying pressure to sustain the 2012 exponential trend line and we should get a death cross as a result. When we break downwards through that trend line, the newspapers will say Bitcoin is dead.  That will give us enough selling pressure to break down past $5k for a capitulation.
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August 26, 2018, 08:46:40 AM



Your scenario seems plausible. The current rally is lacklustre. But there is no catalyst (yet) for a sell off and such sell off going through $5,000.

Bear markets take so much patience .....

The catalyst is breaking downwards through the exponential trend line from 2012 that supported the cryptowinter (shown above as the rising trend line).  It is somewhat serendipitous that the currrent falling trend line from peak, current support ~$5700 and historic exponential trend line from 2012 all meet at a single point.

 We don’t have enough buying pressure to sustain the 2012 exponential trend line and we should get a death cross as a result. When we break downwards through that trend line, the newspapers will say Bitcoin is dead.  That will give us enough selling pressure to break down past $5k for a capitulation.

Why assume that the price is going to break below that 2012 exponential trend line and if that is really the point in which there will be more downward?  In other words, I will believe it when I see it, and there is not any kind of strong evidence that the price has to break below such supposed trendline or that such trendline breakage would cause further down like you suggest.... probably we need a bit more than bitcoin is dead, but if we get a hacking of an exchange or some other nonsense like that then perhaps more down could come, perhaps... certainly not a given.. and we gotta see the bearwhale cards played to see if they can play such calamity well or come up with something good, BIGGER THAN China bans bitcoin.
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August 26, 2018, 09:03:31 AM
Last edit: August 26, 2018, 09:26:40 AM by HairyMaclairy
Merited by criptix (1)

CNBC tweets 95% accurate contrarian indicator...

https://www.newsbtc.com/2018/08/25/cnbc-tweets-have-been-a-contrarian-bitcoin-price-indicator-with-95-accuracy/
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August 26, 2018, 09:25:06 AM

We are mooning by 15'th October 2018  Kiss
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August 26, 2018, 09:26:55 AM
Last edit: August 26, 2018, 10:52:02 AM by HairyMaclairy

Meanwhile in Bcash lol la la land:




SAD




Oh so Bcash lol has a #UANF movement now....

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August 26, 2018, 09:49:38 AM
Merited by Gyrsur (1)

Tesla's dark horrors:

https://twitter.com/atomicthumbs/status/1032939617404645376?s=21
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August 26, 2018, 11:27:23 AM
Merited by Last of the V8s (1)

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August 26, 2018, 11:41:08 AM
Last edit: August 26, 2018, 12:16:41 PM by realr0ach


I like how one of his biggest complaints is "Elon treated trans people like shit" lol.  Probably because nobody can stand people that think the world is supposed to bend over backwards to adapt to them instead of them attempting to fit into the world somehow.  I mean, that's the definition of evolution and natural selection here where you're forced to adapt to your environment instead of the environment adapting to you.  SJWs, trannies, all these new age retards are chronic "please adapt to my artificial reality bubble" bullshit.  You have to adapt to the world, not vice versa.
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August 26, 2018, 12:10:42 PM

one for roach

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August 26, 2018, 12:27:00 PM
Last edit: August 26, 2018, 12:55:39 PM by realr0ach


I too have a sound Chinese proverb:



Adolph Hitler - The Greatest Story Never Told:

https://www.youtube.com/watch?v=3HWxKahieBY
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August 26, 2018, 01:12:10 PM


I believe my grandma, who was born in 1930 and got to live under this guy's rule. It was great when he first took power; great for the economy. However, by 1945, most German people were over it. Very stupid on his part to invade the Soviet Union. The winter is a bitch.
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August 26, 2018, 01:17:25 PM
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Carlos Matos is just a poor clown. Compared to Craig and Roger he is a saint. He was paid to entertain people at that night. He isn't the mastermind of bitconnect.

The other two are full blown scammers. Craig is already a dead man walking and Roger is just one step away from following Craig.
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August 26, 2018, 01:56:53 PM

That's not a bug son, it's a feature :-)

Speaking of which I got to drive a friend's new Tesla 3. It's an ugly car on the outside, ugly and cheap-ish on the inside (the door handles feel like they're made of pot metal and the seats are cheap-o. And that IPad in the center is the dumbest idea ever) but it's very quick and quiet. And 300 or so mile range, which is impressive.

But ugly as fuck. I'd say 7 bitcoins are worth more than it at this point, but it's quick.
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August 26, 2018, 01:57:23 PM

I believe my grandma, who was born in 1930 and got to live under this guy's rule. It was great when he first took power; great for the economy. However, by 1945, most German people were over it. Very stupid on his part to invade the Soviet Union. The winter is a bitch.

Why is it stupid?  He's fighting a war thousands of years in the making against the same Jewish Pharisees that Jesus kicked out of the temple for usury scams.  They infiltrated Russia, killed the Tsar, and used it as their seat of power much like the Jews control America as it's 5th column today.  It was not stupid to fight Russia at the time, it was the only logical thing to do if the goal is to free humanity of the parasites that have infested it for THOUSANDS of years.

This is the basis of the "final solution".  People have attempted to expel them SO MANY TIMES NOW (like 180+ times) that even if they succeed, they just infest a new nation, establish themselves as the 5th column there, and then use that nation as useful idiots to attack you in retribution.  Expelling them solves nothing.  The evil cult of Judaism has to be gotten rid of entirely.
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August 26, 2018, 02:02:36 PM

I believe my grandma, who was born in 1930 and got to live under this guy's rule. It was great when he first took power; great for the economy. However, by 1945, most German people were over it. Very stupid on his part to invade the Soviet Union. The winter is a bitch.

Hitler's a genius.

Did it succeed? No. Stupid.
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August 26, 2018, 02:06:35 PM

Did it succeed? No. Stupid.

Not a valid point.  Russia was enemy #1 at the time because the evil cult of Judaism infilitrated it, killed the Tsar, and established at as their main base, just like America is enemy #1 of the world right now because the Jew has done the same thing there.  The Russian people and the American people aren't the actual problem, it was always the 5th column Jews that infilitrated these nations.  Just don't be an idiot and fight on the side of your oppressor.  If someone comes up ready to liberate America from it's rat infestation, I would gladly lower the drawbridge for them.
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August 26, 2018, 02:37:49 PM


Quote from: ex-disgruntled tesla employee
...where i should have been fixing critical issues in the system i was pulled off to do shit
like add farting unicorns

gotta love that gem
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