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Question: When ATH?
Nov. 2020 - 47 (36.2%)
Dec. 2020 - 43 (33.1%)
Jan. 2021 - 14 (10.8%)
Feb. 2021 - 5 (3.8%)
Mar. 2021 - 5 (3.8%)
After Mar. 2021 - 16 (12.3%)
Total Voters: 130

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 24544705 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. (153 posts by 40 users deleted.)
Lambie Slayer
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May 12, 2019, 04:03:58 PM
Merited by Majormax (1)

On the bright side of things we need to get a small number of 25-30ish percent corrections under our belt as we march to 100k, so if we get the first one here then that is some serious progress. Really looking forward to the crash from 25k to 17.5k Cheesy
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May 12, 2019, 04:07:05 PM

OMG!

teh crash

is bitcoin dead?
bluff from bitcoin to is haters,soon we will see the rise on the prices.
Retina
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May 12, 2019, 04:29:27 PM


LoL BTC do not stop dumping i thing stop dumping when $5k range i'm not sure just my opinion becauses many tradersare now going sleep Smiley     
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May 12, 2019, 04:35:54 PM
Merited by Lambie Slayer (1)

On the bright side of things we need to get a small number of 25-30ish percent corrections under our belt as we march to 100k, so if we get the first one here then that is some serious progress. Really looking forward to the crash from 25k to 17.5k Cheesy

25-30% from 7400 is around 5000.  

There may be some good support at 6k, but if that fails then 5k is a good level to build from. Time is in some ways more important than price.  Support levels are created through trade and time spent at a particular level.

I am hopeful that 6k will hold, but 5k would not be so bad. Although I don't trade, I would think it prudent for those who took profits at ~7300 to buy at least half back when it gets to 6300.
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May 12, 2019, 04:42:51 PM




https://www.uprr.com/newsinfo/graphics/media_kit/steam/4014/lustig_4014-18.jpg


https://www.railwayage.com/wp-content/uploads/2019/05/UP-Big-Boy-stats.jpg
[snip]

@jojo69

You like big toys. Cheesy

Out of curiosity, I've searched for information about the locomotive UP 4014 (Union Pacific).
It's a monster, seeing it live has to be a spectacle.



Indeed

I really feel that the this restoration's unveiling is a poetic metaphor for the real kickoff of this bull run.

Let it too be the largest ever.
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no FOMO


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May 12, 2019, 04:46:30 PM

Fuck Kraken


.

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May 12, 2019, 04:49:02 PM

call your mother if you want to call!  Grin

this post would have earned a smerit
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May 12, 2019, 04:53:20 PM

A 30% correction will put the price back to 5k. BTFD.


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May 12, 2019, 04:59:52 PM

About time for Gembitz and roach to show up  Grin 3,2,1...
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May 12, 2019, 05:02:16 PM

On the bright side of things we need to get a small number of 25-30ish percent corrections under our belt as we march to 100k, so if we get the first one here then that is some serious progress. Really looking forward to the crash from 25k to 17.5k Cheesy

25-30% from 7400 is around 5000.  

There may be some good support at 6k, but if that fails then 5k is a good level to build from. Time is in some ways more important than price.  Support levels are created through trade and time spent at a particular level.

I am hopeful that 6k will hold, but 5k would not be so bad. Although I don't trade, I would think it prudent for those who took profits at ~7300 to buy at least half back when it gets to 6300.


I also think, rollback to 6400, then the assault of the level of 8200 and 10 000.
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May 12, 2019, 05:05:24 PM

On the bright side of things we need to get a small number of 25-30ish percent corrections under our belt as we march to 100k, so if we get the first one here then that is some serious progress. Really looking forward to the crash from 25k to 17.5k Cheesy

25-30% from 7400 is around 5000.  

There may be some good support at 6k, but if that fails then 5k is a good level to build from. Time is in some ways more important than price.  Support levels are created through trade and time spent at a particular level.

I am hopeful that 6k will hold, but 5k would not be so bad. Although I don't trade, I would think it prudent for those who took profits at ~7300 to buy at least half back when it gets to 6300.


I also think, rollback to 6400, then the assault of the level of 8200 and 10 000.


^
Then
.....
rolling
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May 12, 2019, 05:14:59 PM

$3 million Bitfinex wall chewed up and spat out. Any rational reason why Bitfinex led the charge and now is lagging behind?

I think this is an organic rally driven by small buyers.  And they aren’t the sort of people who would wire their funds to Bitfinex to buy.  Bitfinex is a whale playground.

Isn't Bitfinex still closed to U.S. residents? If this is driven by money from the U.S., it would make sense that Bitfinex was lagging.
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May 12, 2019, 05:15:08 PM

Good AM Bitcoinland.

It seems $7k is offering much more resistance than the supposedly strong $6k. After breezing through $7k all the way past $7.5k it hit a wall and has corrected all the way back down under $6.9k... currently $6923USD/$9292CAD (Bitcoinaverage).

This correction is not only welcome but overdue. No one wants to see the price gallop away and explode. Let's keep a sustainable level of growth. It seems I was posting the same thing for much of 2017. It was when it ran rampant in December of that year that it led to the bubble and burst. It's so much better to have a sustained series of strong rises intermingled with sharp corrections.

Still, it was nice to see the price briefly hit 5 digits in CAD, especially for those who bought coins when the price was in double digits. Some day in the not too distant future when the price hits 6 digits, people who bought in triple digits will feel the same way.

Go Bitcoin go.


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May 12, 2019, 05:20:51 PM

Good AM Bitcoinland.

It seems $7k is offering much more resistance than the supposedly strong $6k. After breezing through $7k all the way past $7.5k it hit a wall and has corrected all the way back down under $6.9k... currently $6923USD/$9292CAD (Bitcoinaverage).

This correction is not only welcome but overdue. No one wants to see the price gallop away and explode. Let's keep a sustainable level of growth. It seems I was posting the same thing for much of 2017. It was when it ran rampant in December of that year that it led to the bubble and burst. It's so much better to have a sustained series of strong rises intermingled with sharp corrections.

Still, it was nice to see the price briefly hit 5 digits in CAD, especially for those who bought coins when the price was in double digits. Some day in the not too distant future when the price hits 6 digits, people who bought in triple digits will feel the same way.

Go Bitcoin go.



I totally agree and am happy for a little correction, no need to panic blast up in price. A bit more realistic and solid price is nice.
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May 12, 2019, 05:29:43 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.
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May 12, 2019, 05:42:46 PM

via Imgflip Meme Generator

Sunday, most Classic Belgian sober up Sh*t ...called “frituur” only lot of meat but please French actualy Belgian Fries, Bicky Veggie burger and Some cheese, oriental snacks (f*ck 90% is Made of meat)

Cheers boys and let the price rise again, of-course a only straight up line is just not gonna happen Cheesy
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May 12, 2019, 05:44:41 PM

Quote

Back to the drawing board. Needs moar random circles and lines.
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May 12, 2019, 05:48:48 PM
Last edit: May 13, 2019, 12:30:12 PM by kenzawak
Merited by ErisDiscordia (1)

It's just that I don't understand the concept of a blockchain week if tickets for every event are gonna cost from $500 to $2000.
You know what, I'm in NYC right now (I didn't want to mention it until I had something interesting to post about it. Not sure that will happen lol). I'm not here for long and I've been looking for something I could attend to but there's no way I'm paying these kinds of prices.
https://www.magicalcryptoconference.com/
https://www.coindesk.com/events/consensus-2019/register

This should be open to regular folks, not just people from the industry.


So I'm in New York today and let me tell you this is not the best day to walk in Manhattan, it hasn't stopped raining since this morning !
Anyway, like I said, I didn't plan on going to any event of the Blockchain week. I don't have much spare time here and I wasn't willing to spend from 300 to $2000 for just one event... I'd rather buy Bitcoin with that money.  Tongue

But since it wasn't too far from my hotel I still wanted to check it out.
So I went to the Hilton on 53rd and 6th, the hotel that will host Consensus from Monday to Wednesday.
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.





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May 12, 2019, 05:49:17 PM

Any idea how this sculpture is called ? It's at the Rockefeller Center.



This one is Atlas carrying the Globe, again at Rockefeller Center.

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May 12, 2019, 05:49:48 PM
Merited by Phil_S (1), El duderino_ (1)

In front of the Hilton :





Consensus is supposed to start tomorrow. I went inside the hotel but didn't see any of the "big shots" of the industry, at least not live.



I asked at the Bell Desk if there was any event opened to the public...well nope, you either have a badge or you don't.
Too bad...






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