Bitcoin Forum
December 01, 2021, 03:36:47 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 (37.4%)
No - 72 (62.6%)
Total Voters: 115

Pages: « 1 ... 22422 22423 22424 22425 22426 22427 22428 22429 22430 22431 22432 22433 22434 22435 22436 22437 22438 22439 22440 22441 22442 22443 22444 22445 22446 22447 22448 22449 22450 22451 22452 22453 22454 22455 22456 22457 22458 22459 22460 22461 22462 22463 22464 22465 22466 22467 22468 22469 22470 22471 [22472] 22473 22474 22475 22476 22477 22478 22479 22480 22481 22482 22483 22484 22485 22486 22487 22488 22489 22490 22491 22492 22493 22494 22495 22496 22497 22498 22499 22500 22501 22502 22503 22504 22505 22506 22507 22508 22509 22510 22511 22512 22513 22514 22515 22516 22517 22518 22519 22520 22521 22522 ... 29922 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25492363 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.)
Toxic2040
Legendary
*
Offline Offline

Activity: 1190
Merit: 2377



View Profile
January 29, 2019, 05:26:30 AM

Nearly time for some action

Here ya go...5 minute chart with some short fibs...great for action.  Tongue  Now we can oooh and ahhhh at ever $10 price movement.

5m



------------
I do think you are correct however. There is going to be some action soon but I dont think it will be in the direction we would all hope for and that is upwards. I suppose I should be banging the bull drum with greater vigor as sentiment matters but I honestly think there are darker days ahead. This cycle of letting the market recover enough to sell into has been going on for some time now and shows no sign of stopping in the near term. It speaks to me of large bag holders trying to slowly divest their coins. I have also been floating the theory that its the exchanges doing most of the selling, driving the price downward to a point where a rebuy makes sense to the corporate overlords. The addictive cycle of profits from the last bullrun might be to much for many to resist.


1638329807
Hero Member
*
Offline Offline

Posts: 1638329807

View Profile Personal Message (Offline)

Ignore
1638329807
Reply with quote  #2

1638329807
Report to moderator
1638329807
Hero Member
*
Offline Offline

Posts: 1638329807

View Profile Personal Message (Offline)

Ignore
1638329807
Reply with quote  #2

1638329807
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1638329807
Hero Member
*
Offline Offline

Posts: 1638329807

View Profile Personal Message (Offline)

Ignore
1638329807
Reply with quote  #2

1638329807
Report to moderator
empowering
Legendary
*
Offline Offline

Activity: 966
Merit: 1044



View Profile
January 29, 2019, 05:48:06 AM
Last edit: January 29, 2019, 06:06:18 AM by empowering
Merited by Last of the V8s (1)

Nearly time for some action

Here ya go...5 minute chart with some short fibs...great for action.  Tongue  Now we can oooh and ahhhh at ever $10 price movement.

5m



------------
I do think you are correct however. There is going to be some action soon but I dont think it will be in the direction we would all hope for and that is upwards. I suppose I should be banging the bull drum with greater vigor as sentiment matters but I honestly think there are darker days ahead. This cycle of letting the market recover enough to sell into has been going on for some time now and shows no sign of stopping in the near term. It speaks to me of large bag holders trying to slowly divest their coins. I have also been floating the theory that its the exchanges doing most of the selling, driving the price downward to a point where a rebuy makes sense to the corporate overlords. The addictive cycle of profits from the last bullrun might be to much for many to resist.




Meh... I am interested in bigger moves than $10..

We have almost arrived back at the 200 weekly MA, which I fully expected us to retest after a short bounce...

Got the death cross 50 though the 100 on the cards..

BBs have opened up already on larger time frames (though narrowing on the daily)  but we are well constricted on the 1 hour..

We have formed a bear flag, at the bottom of the support zone of an overall descending triangle.

So.. IMO. either we bounce somewhere between here and the 200 week MA, perhaps with a little overshoot...  and then in that scenario I see us likely to put another lower high and then coming back down for a third test ....  or.....  

So far it looks same as it did , a month ago,  I have the same outlook and same support levels based on previous r/s and volume profiles. so far nothing surprising has happened, in fact BTC has been quite the well behaved and relatively predictable (excluding those glorious wicks.. hunters hunting)   but now with more confirmations.....it still looks bearish to me at this present moment.... pretty interested to see how we react  between here / 200 week MA though and if it holds/ if we bounce from there.  

Volume is still not impressive, and below even the volume levels at the local low.. yes it was up yesterday, but still low.

Doom outlook un-changed for now.

I am pretty happy about it.




Toxic2040
Legendary
*
Offline Offline

Activity: 1190
Merit: 2377



View Profile
January 29, 2019, 06:08:52 AM

Meh... I am interested in bigger moves than $10..

We have almost arrived back at the 200 weekly MA, which I fully expected us to retest after a short bounce...

Got the death cross 50 though the 100 on the cards..

BBs have opened up already on larger time frames,  but we are well constricted on the 1 hour..

We have formed a bear flag, at the bottom of the support zone of an overall descending triangle.

So.. IMO. either we bounce somewhere between here and the 200 week MA, perhaps with a little overshoot...  and then in that scenario I see us likely to put another lower high and then coming back down for a third test ....  or..... 

So far it looks same as it did , a month ago,  I have the same outlook and same support levels based on previous r/s and volume profiles. so far nothing surprising has happened, in fact BTC has been quite the well behaved and relatively predictable (excluding those glorious wicks.. hunters hunting)   but now with more confirmations.....it still looks bearish to me at this present moment.... pretty interested to see how we react  between here / 200 week MA though and if it holds/ if we bounce from there.  

Volume is still not impressive, and below even the volume levels at the local low.. yes it was up yesterday, but still low.

Doom outlook un-changed for now.

I am pretty happy about it.

I agree and was being facetious with the short time frame comment and charts. If there is any correlation with the last bear market we are approaching its end soonish. I do however think that this sideways/accumulation phase could go on even longer than I have predicted. There is some data indicating that this period could extend well into 2020. My hope that it is just post bear market noise cluttering the airwaves.

Cards on the table.
D
Vaculin
Hero Member
*****
Offline Offline

Activity: 2072
Merit: 601



View Profile
January 29, 2019, 06:13:07 AM

Looks like we are going to end this month with a wrong prediction again.
It's almost impossible for BTC to cross $5,000 with just 2 days remaining, next poll voting, I think people will vote the same.
empowering
Legendary
*
Offline Offline

Activity: 966
Merit: 1044



View Profile
January 29, 2019, 06:24:52 AM
Merited by Majormax (1)



I agree and was being facetious with the short time frame comment and charts. If there is any correlation with the last bear market we are approaching its end soonish. I do however think that this sideways/accumulation phase could go on even longer than I have predicted. There is some data indicating that this period could extend well into 2020. My hope that it is just post bear market noise cluttering the airwaves.

Cards on the table.
D
 

My apologies, lack of sleep tbh I somehow missed the obvious joke...

Yes, recovery timing is hard to call, many factors, though 1st we need to find bottom....my feeling is people are actualy too comfortable at this level.. and so more pain.. but once we find bottom,  and then if the market has any symmetry.... 2020 it could be.

I have wondered though.. if we have reached exhaustion or are nearing exhaustion from retail... Or if there is another batch of quivering fearful hands to cull with one last viscous move, one that makes people rue the day they ever decided to crypto all over the place... followed by a long recovery period which lasts until either a catalyst sparks the market, or we get too close to the halving.


Anyways... 1st things 1st we need bottom.

(ass.gif)



 

kenzawak
Hero Member
*****
Offline Offline

Activity: 658
Merit: 851



View Profile
January 29, 2019, 06:34:28 AM

30 more ATMs coming to Chicago :

https://www.newsbtc.com/2019/01/29/chicago-bitcoin-atm-hot-spot/

"According to a report in Chicago Business, the city is about to receive an additional 30 cryptocurrency ATMs. These will be provided by Lux Vending under the brand, Bitcoin Depot."
HairyMaclairy
Legendary
*
Offline Offline

Activity: 1414
Merit: 2174


Degenerate bull hatter & Bitcoin monotheist


View Profile
January 29, 2019, 07:11:26 AM

Fractal fetishists rejoice !

Phil_S
Legendary
*
Offline Offline

Activity: 1596
Merit: 1146


We choose to go to the moon


View Profile
January 29, 2019, 07:41:08 AM

I have a gut feeling that we'll see a February bottom that will be similar to December bottom.

Somewhere around Feb 6 - Feb 10.
kurious
Legendary
*
Offline Offline

Activity: 2506
Merit: 1615



View Profile
January 29, 2019, 07:55:36 AM

^ Isn't Chinese New Year the 5th?
HairyMaclairy
Legendary
*
Offline Offline

Activity: 1414
Merit: 2174


Degenerate bull hatter & Bitcoin monotheist


View Profile
January 29, 2019, 07:57:02 AM

I really admire the stoic nature of you hodlers.  Hardened veterans all.  
LFC_Bitcoin
Legendary
*
Offline Offline

Activity: 2632
Merit: 5705


One of the world's leading Bitcoin-powered casinos


View Profile
January 29, 2019, 08:01:38 AM
Merited by 600watt (1)

I really admire the stoic nature of you hodlers.  Hardened veterans all.  

SELL?

NEVERRRRRRR !!!!!

El duderino_
Legendary
*
Offline Offline

Activity: 1610
Merit: 7250


Observing No-Coiners.


View Profile
January 29, 2019, 08:39:40 AM

I really admire the stoic nature of you hodlers.  Hardened veterans all.  
We are just the CORE hodlers in here
cool4y
Member
**
Offline Offline

Activity: 496
Merit: 12


View Profile
January 29, 2019, 08:46:03 AM


The most surprising here are India and Indonesia. I thought compared to how popular is internet in India and how popular are Gold and cash there, Bitcoin is way behind. I guess just news dont come out.

Being a third world country, citizens of India barely meet ends. Using such technological advancements and having disposable income to gamble on Bitcoin is something I would not expect tbh.
Arriemoller
Legendary
*
Offline Offline

Activity: 1750
Merit: 1283


Justitia arma requirit


View Profile
January 29, 2019, 09:09:12 AM


The most surprising here are India and Indonesia. I thought compared to how popular is internet in India and how popular are Gold and cash there, Bitcoin is way behind. I guess just news dont come out.

Being a third world country, citizens of India barely meet ends. Using such technological advancements and having disposable income to gamble on Bitcoin is something I would not expect tbh.

The third world doesn't exist anymore. Almost all countries in the world is now doiing ok, including India.

https://youtu.be/RUwS1uAdUcI?t=373
Globb0
Legendary
*
Offline Offline

Activity: 2660
Merit: 2029


Free spirit


View Profile
January 29, 2019, 09:18:27 AM

I have people work for me in India and I saw on their instagram etc. they all have iphones and stuff. Plenty of tech.

I expect there is a wide variation in the country.

But for a long time countries have been using teams there working with technology and development.




shahzadafzal
Copper Member
Hero Member
*****
Offline Offline

Activity: 644
Merit: 909



View Profile
January 29, 2019, 09:44:31 AM


Are up serious right now? Bitcoin price could surge up to $4,000??? i think he forgot one zero there... actually he wanted to say:

Quote
it could see a price surge up to $40,000.

kenzawak
Hero Member
*****
Offline Offline

Activity: 658
Merit: 851



View Profile
January 29, 2019, 09:45:39 AM

Two Hacker Groups Responsible for As Much as $1 Billion in Stolen Crypto

https://ci.covesting.io/news/cryptocurrency-news/two-hacker-groups-responsible-much-1-billion-stolen-crypto

"Blockchain analysis firm Chainalysis has revealed new data that suggests that two cyber-criminal rings could be responsible for the majority of cryptocurrency stolen in recent years.

While there are dozens of hacker groups across the globe, and many more individual hackers working in solitary, two specific groups are said to be responsible for as much as $1 billion in stolen cryptocurrencies, according to a new report featured in the Wall Street Journal.

New research from Chainalysis claims that two groups, only referred to as Alpha and Beta, are responsible for an overwhelming majority of all cryptocurrencies stolen as part of scams. These scams often include phishing attacks, Twitter giveaway schemes, and much more."
BTCMILLIONAIRE
Hero Member
*****
Offline Offline

Activity: 1358
Merit: 834



View Profile
January 29, 2019, 09:46:43 AM

Going to take this opportunity to shill two prog rock albums in case anyone here is into that. Both are actually from 2017 as opposed to the 1970s though.

King Gizzard and the Lizard Wizard - Flying Microtonal Banana
As the name suggests, this one is microtonal, e.g. using notes that aren't represented on traditional chromatic 12-note scales.
I checked this out. I wouldn't call it prog rock - it lacks the complication and the grandiosity. It sounds like psych rock to me. Good though.
Prog was the first/only thing I could think of due to the odd time signatures, but yeah it's definitely far more simple than stuff like Supper's Ready or Close To The Edge. Not really aware of any psych rock, so that didn't cross my mind.

Thanks for this. Listening to the 1st one and I like it!

Merited.
Thanks, glad you like it.



Aren't most people convinced of a dystopian future? Replacing the dollar and possibly a technological singularity sound like at least a quasi-utopia to me though.
BTCMILLIONAIRE
Hero Member
*****
Offline Offline

Activity: 1358
Merit: 834



View Profile
January 29, 2019, 09:49:26 AM

Going to take this opportunity to shill two prog rock albums in case anyone here is into that. Both are actually from 2017 as opposed to the 1970s though.

King Gizzard and the Lizard Wizard - Flying Microtonal Banana
As the name suggests, this one is microtonal, e.g. using notes that aren't represented on traditional chromatic 12-note scales.

King Gizzard and the Lizard Wizard - Polygondwanaland
This one isn't, but still good.

KGATLW, yeahhh.
Here is "The Crumbling Castle":
https://www.youtube.com/watch?v=8Ycw7udHOnw

Opinions can vary, but I get goosebumps from this stuff.
Didn't expect someone to actually know them on here. Coincidentally, Crumbling Castle was playing at one of the university cafes, which is how I learned about them.

Have you listened to any of their other albums that you can recommend? Seems like they've been pretty busy with five albums in just 2017.
kenzawak
Hero Member
*****
Offline Offline

Activity: 658
Merit: 851



View Profile
January 29, 2019, 10:09:29 AM

Saigon, Vietnam...

Pages: « 1 ... 22422 22423 22424 22425 22426 22427 22428 22429 22430 22431 22432 22433 22434 22435 22436 22437 22438 22439 22440 22441 22442 22443 22444 22445 22446 22447 22448 22449 22450 22451 22452 22453 22454 22455 22456 22457 22458 22459 22460 22461 22462 22463 22464 22465 22466 22467 22468 22469 22470 22471 [22472] 22473 22474 22475 22476 22477 22478 22479 22480 22481 22482 22483 22484 22485 22486 22487 22488 22489 22490 22491 22492 22493 22494 22495 22496 22497 22498 22499 22500 22501 22502 22503 22504 22505 22506 22507 22508 22509 22510 22511 22512 22513 22514 22515 22516 22517 22518 22519 22520 22521 22522 ... 29922 »
  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!