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Question: What happens first:
$65,000 - 26 (86.7%)
$48,000 - 4 (13.3%)
Total Voters: 30

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26314237 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 1 users with 9 merit deleted.)
Dakustaking76
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May 12, 2019, 06:44:58 PM

Helo $7k Shocked

Welcome back
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Last of the V8s
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May 12, 2019, 06:46:24 PM

happy mothers day  Cheesy
happy your mother if you want happy Wink
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May 12, 2019, 06:54:00 PM

happy mothers day  Cheesy
happy your mother if you want happy Wink
And if you do not have Mom?  Cry
How can I be happy?
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May 12, 2019, 06:58:23 PM

Hahaha that’s about correct.

They make it really easy to use leverage on longing or shorting so that makes it appealing.  But it is a home of deep fuckery and the volume and order books are completely fake and their in-house trading team is front running trades.  Hard work to consistently make a profit there.  
... unless you stay under the radar with small trades.

And only use pre-set limit orders - never market orders or market stops...
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I fix broken miners. And make holes in teeth :-)


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May 12, 2019, 07:02:07 PM

On my way I made a few stops, the first one being on 47th st, between 6th and 5th avenue, where there are many gold exchanges.
About half of them accept Bitcoin.
No kidding. The shop up in Boston still sends me christmas cards for the watches I bought for $1000 (1 BTC) I think he sold at 16k.

But yeah, if you want to blow bitcoin a coin shop is one place to do it.
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May 12, 2019, 07:03:27 PM

t
i
m
b
e
r
r
r
7k  Kiss weeeeeeee
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May 12, 2019, 07:05:52 PM

Yeah, 7050. I'm so disappointed... :-)

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May 12, 2019, 07:08:55 PM
Last edit: May 16, 2023, 09:16:02 AM by fillippone

Nouriel Roubini.
Poor sad fuck. I literally hate him.


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May 12, 2019, 07:13:17 PM
Last edit: May 12, 2019, 07:30:31 PM by Raja_MBZ

Hey @JJG! Just wondering, what are the odds of going below $3900 (again) now?

Hahahahaha!!!!

You seem to be in a kind of gloating posture....   Wink


Nah, not at this stage. I'll surely be in one "after" (and iff before testing $3900 again) we break into a new ATH!

So, yeah, you are correct to point out that BTC prices have moved a considerable distance from $3,900 and presumptively pointed out that the odds have likely gotten greater, than previously, that we will not go below $3,900 ever, ever again. 

The odds of going below $3,900 is likely similar to whether the bottom is "in" or not.. maybe slightly higher odds for going below $3,900 than if the bottom is in at $3,122...

Another question is whether we are going to test our support at the $4,200 break out levels.  So if testing the bottom of $3,122 might be as high as 46%... then going below $3,900 might be in the 47% arena, and testing $4,200 would be in the 48-49% arena.    So currently breaking below $5k seems to be in the 50/50 area. 

Honestly, I'm thinking more about the test of $5800 support right now, as it comes way before $4200. Don't forget, we never tested the "major level" of $3000 again after breaking it in 2017 bull run; I know that we can't compare the current mini-run to the last bull run just about yet, as the overall momentum and situation of that run is incomparable to the current run, but still, never forget, it's bitcoin and sh!t can happen any day.

P.S. take my last sMerit!



Let's worry (a bit) about this gap right now:



CME bitcoin futures open today Sunday 17:00 CT.
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May 12, 2019, 07:29:04 PM
Last edit: May 13, 2019, 02:15:16 PM by asu
Merited by El duderino_ (1)

​​Cryptos are in the middle of rally, excitement and wariness are in the air

As cryptocurrencies are in the middle of a rally these days, the market is waiting excitedly (or warily) on whether or not it will continue and how far it will go.



https://twitter.com/phillipnunnuk/status/1127311488870420482

https://telegra.ph/Cryptos-are-in-the-middle-of-rally-excitement-and-wariness-are-in-the-air-05-12
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May 12, 2019, 07:31:19 PM

t
i
m
b
e
r
r
r
7k  Kiss weeeeeeee

Stop being such a fucking loser.







https://twitter.com/winklevoss/status/1127547987222245377?s=21

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May 12, 2019, 07:35:06 PM

No one wants to see the price gallop away and explode.

Well...

I think we might be able to scrounge up one or two dissenters.

seconded
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May 12, 2019, 07:50:02 PM

No one wants to see the price gallop away and explode.

Well...

I think we might be able to scrounge up one or two dissenters.

seconded

thirded
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May 12, 2019, 07:52:07 PM
Last edit: November 15, 2023, 08:48:17 PM by Woodie

watching the hashtag bitcoin on twitter, looks scary and hilarious from here... its a bitter sweet moment as everybody has become an instant expert on bitcoin..
We need more of these bull runs Tongue
credit to giphy


FACE DROP


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May 12, 2019, 08:03:30 PM
Merited by JayJuanGee (1)


I stand by my statement, too, and I had asserted that you had predicted too early.... even though you ended up being correct... so nothing wrong with either of that. 

We are at least seeming to agree, currently, that signs of UP are looking much better now than they had been, in any event.

Spot on...

and thanks, I do actually value your type of critique !
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May 12, 2019, 08:07:21 PM

And if you do not have Mom?  Cry
How can I be happy?

feelin' you man

https://www.youtube.com/watch?v=9EZlmqWmcqw#t=0m33s
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May 12, 2019, 08:11:20 PM


how to earn bitcorns? Smiley
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May 12, 2019, 08:20:15 PM

how to earn bitcorns? Smiley

I’ve heard selling yourself to other men for sexual services can be good pay.
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May 12, 2019, 08:24:18 PM

Supreme King Uberbear Tyler Jenks issues first Bitcoin buy recommendation in 17 months:



https://twitter.com/LucidInvestment/status/1127250971053129728
Hyperwave might have some merit (although not here and now). But this guy is clearly retarded if he recommends a first buy in 17 months, hyperwave or not.
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May 12, 2019, 08:26:42 PM
Merited by El duderino_ (1)

Hey @JJG! Just wondering, what are the odds of going below $3900 (again) now?

Hahahahaha!!!!

You seem to be in a kind of gloating posture....   Wink


Nah, not at this stage. I'll surely be in one "after" (and iff before testing $3900 again) we break into a new ATH!

A little gloating can be fun, and a good thing... especially if you make a historical reference, after we breach new ATH, then there can be time and space for gloating, whether the gloat is true or not.

I will look forward to it... You will gloat, as the BTC price flies through $20k, and I will assert that you are "full of shit", while both of us laugh are way to the bank (in the $30k plus arena.. because we won't be hanging out in the $20ks for very long).


So, yeah, you are correct to point out that BTC prices have moved a considerable distance from $3,900 and presumptively pointed out that the odds have likely gotten greater, than previously, that we will not go below $3,900 ever, ever again. 

The odds of going below $3,900 is likely similar to whether the bottom is "in" or not.. maybe slightly higher odds for going below $3,900 than if the bottom is in at $3,122...

Another question is whether we are going to test our support at the $4,200 break out levels.  So if testing the bottom of $3,122 might be as high as 46%... then going below $3,900 might be in the 47% arena, and testing $4,200 would be in the 48-49% arena.    So currently breaking below $5k seems to be in the 50/50 area. 

Honestly, I'm thinking more about the test of $5800 support right now, as it comes way before $4200.

If this upwards price pressure persists, then it is going to be hard to test the various price support levels.   

Surely, I don't play around with leverage, but even margin shorts being opened in these price levels cannot rest assured that they are not going to get r3ckt.

Don't forget, we never tested the "major level" of $3000 again after breaking it in 2017 bull run; I know that we can't compare the current mini-run to the last bull run just about yet, as the overall momentum and situation of that run is incomparable to the current run, but still, never forget, it's bitcoin and sh!t can happen any day.

Well, isn't that more or less the same as testing $3,122?  I cannot see much difference.  If the BTC price were to break below $3,500 then both $3,122 and $3k would have equally high odds of being challenged.  Problem with those scenarios seems to be that they have become a whole hell of a lot less probable, because our momentum seems to have converted towards UP, and it is going to take a whole hell-of-a lot of bear FUD or other seemingly realistic negative news to bring this bad boy down towards breaking various support levels that have been created between here and there.


P.S. take my last sMerit!

Thanks.



Let's worry (a bit) about this gap right now:



CME bitcoin futures open today Sunday 17:00 CT.

No need to worry.

BTCgonna do what BTC does, and we seem to have enough cushion that any of us HODLers should not be worrying too much... and if we are worrying, we have a bit more profits that we could skim off in this $7k price range in order to prepare us for $5,800 or lower, just in case....

Let's say, for example, our total stash is only 5BTC.
  Let's say that we have been struggling for about the past two years to acquire BTC with every paycheck and upon every price dip.  The reality of the matter is that if we really fear going down to $5,800 or lower, we could shave off somewhere between .05 BTC and .25BTC (that is between 1% and 5%) to prepare our BTC portfolio for such eventuality... personally, I would only play with the smaller amounts, but I understand that some guys (and gal) might be willing to risk a higher amount in order to prepare for down... but we should know that we are preparing for both down and up.. accordingly, we have to be able to tweak our holdings, if we are feeling uncomfortable in order to cause more comfort.

I am not always comfortable, but I have sold a bit more than 2% of my BTC portfolio with the price rise from $4,200 to $7,585... Whether I am able to buy those BTC back or not, I remain somewhat neutral in my feelings.... therefore if the price goes down, I will use some of those proceeds to buy back the BTC that I sold, yet if the BTC price does not go down, I am o.k. with that outcome too... because over 96% of my BTC to fiat value remains in BTC...
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