Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[serveria.com]

When Lambo?  

You are a fucking nutjob, jonoiv.

You are getting all excited because there is a price correction, which is normal, and you want to paint such correction as either a doom and gloom situation or something that you predicted...   Which this correction is neither.  This is what happens.  If bears are able to push the BTC price down, they push it down as far as they can and for how long they can.  So in the coming days we are going to see whether the BTC price goes back up, stagnates in some area in the lower $7k region or continues to go down. 

We will see.  We will see.

If there is some continued downward BTC price  momentum, of course, there will also be some continued attempts at FUD spreading, and we will see the extent to which that FUD spreading is successful, too.

That awkward moment when you feel a sudden urge to give JJG some merit 

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[DaRude]

Miners are collecting almost BTC2 in fees for every block. Soon that would be ~30% of their block reward. Financials incentives seem to be working as planned

[podyx]

Just woke up, is the red candle to $6100 on bitstamp real or is it a glitch?

[HairyMaclairy]

Its very real.

[El duderino_]

what's behind this insane dump?

Jews, kike's, A 1 guy army, cartel, yellow jews (or something) ......

Ask r0ach bro he have tons of theories.

[El duderino_]

Damn.... what's happening?

Is this the beginning of the big dump or the pull back that you guys are talking?

Its no more as a red line on a chart actually....

I just saw another chart and lucky it didn't changed LOOK



On another thought this^not changing thing just got a bit cheaper to buy.... how lucky is the next owner

[El duderino_]

I expected a 30% retrace starting at 8400.

But this price action was ridiculous.

At one point like 400$ spread on mex...


So far we bounced back to 7300+, but i still believe/hope we gonna see low 6k or high 5k.

Edit:

Low on stamp was 6170.

^
Bears better stop trying to put Vegeta in a meme.... He will come out sooner or later

[El duderino_]

I'm going to make sure you guys are seated next to each other at the 100K party. 

Where you gonna put me in between??

[El duderino_]

+

Someone crazy is pushing down bitstamp with a 2k btc sellwall... wow O_O

https://twitter.com/loomdart/status/1129221513398427648/photo/1


=

Now let me see your war face!

^
if you ask for it


edit:

[realr0ach]

what's behind this insane dump?

Ask r0ach bro he have tons of theories.

Looks like Chinese pump and dump originating from single entity/China mining cartel by attempting to paint the tape to create an artificial cup and handle with a single, non-aggregate, giant green candle for the right side of the cup. Then another bogus rigging upwards off the handle before he dumped all over idiots.

[ivomm]

Just woke up, is the red candle to $6100 on bitstamp real or is it a glitch?

What I see on the 1 min chart is that there were 4 sells around 900BTC each. It may be one whale dumping 3.6K BTC, or just 800BTC which triggered stop losses on Bitstamp. BFX didn't follow - it stopped above 7K. This was important and quite unpleasant for BFX shorters. Their plan didn't work out. At the same time, Bitstamp quickly recovered above 7200, which is a strong bullish indicator. We are only 1 year before the halving and 2 months before bakkt's launch. Fidelity is also preparing. These two huge regulated markets will open wide the doors for ETF approval. Besides, literally everyone even the notorious bear trolls like r0ach, gembitz, etc. believe that we will return to 20K in 2-3 years tops. So nobody has an interest of selling big amounts except the daily traders who try to make a living on the volatility. Which reminds us that the definition of the daily trader is one who is hoping to return his investment by  watching the diagrams 24 hours and cutting his losses. If he is playing with shitcoins, the chances are 99% that he will never return his investment. If he is playing with Bitcoin, chances are 50% he will make a living. The main characteristic of all traders is their lack of patience and perseverance. On the contrary, the hodler is the one with strong nerves and who patiently awaits his prize - whether $1 mil, $10 mil, or bigger.

[El duderino_]

what's behind this insane dump?

Ask r0ach bro he have tons of theories.

Looks like Chinese pump and dump originating from single entity/China mining cartel by attempting to paint the tape to create an artificial cup and handle with a single, non-aggregate, giant green candle for the right side of the cup.  Then another bogus rigging upwards off the handle before he dumped all over idiots.

What I see in your theory you must be the SUPER-idiot selling @ 500-700$ ??

1BTC is still @ an undervalued price of 7300$ and you don't own 1 anymore ??

Who are you trying to reach here actually, you already did the dumbest act of the whole thread and still try to lecture other members in here to do the same DUMB mistake you did @ I slightly higher price, but do remember nobody want your position when BTC is @ its X 10 of your selling bottom @the next bottom roughly 50-70K a coin....

Nobody wants to be that idiot, do realize when we are there the idiot you will be by then

[Gyrsur]

I'm going to make sure you guys are seated next to each other at the 100K party.  

Where you gonna put me in between??

between realr0ach and Gembiz

EDIT: is Gembiz deleted? can't find him. weeehhh

EDIT2: ahh gembitz weeeh weeeeehh

[realr0ach]

Besides, literally everyone even the notorious bear trolls like r0ach, gembitz, etc. believe that we will return to 20K in 2-3 years tops.

I've never said that.  Bitcoin is a pump and dump scam and the price only goes up when some scammer Chinaman or Jew believes that they can buy low, artificially rig the market higher, then have some idiot to dump on at the top to be their greater fool.  Does that greater fool still exist after the last pump and dump to $20k that the general public was already all over and involved in?  Hell if I know.  It sure doesn't seem like it.

The general public seems to be completely tapped out of money nowadays.  If the scammers try to artificially manipulate it up again, they would probably be the ones holding the bag while dumb money like JayJuanGee and Micgoossens dump on them.

[El duderino_]

I'm going to make sure you guys are seated next to each other at the 100K party. 

Where you gonna put me in between??

between realr0ach and Gembiz

I was wanna say the same thing of putting r0ach with JJG as well, for an endless real life discussion, but then realised showing up @the 100K party with a silver bracelet, silver spoon and silver knife will net get you in.... one must have some kind of BTC-thing I guess

[realr0ach]

Since you can already cause a run on a bank in the US by trying to withdraw $10k, I imagine this mythical "bitcoin $100k party" would mean the system has already completely imploded and gold and silver are at infinity. Like I said, even for bitcoin to go to 'only' $50k would require mining to go up by almost an entire order of magnitude from where it is right now and it's power usage would probably rival that of the entire United States. How far bitcoin can be pump and dumped is starting to ram up against the limits of the natural world.

[El duderino_]

Like this one for who didn't saw the GOT thread....

[HairyMaclairy]

I'm going to make sure you guys are seated next to each other at the 100K party. 

Where you gonna put me in between??

I think all the boys here want to sit next to CryptoQueen.   


Sorry man.

[realr0ach]

I think all the boys here want to sit next to CryptoQueen.  

I would sit next to Vitalik so I could ask him if he's mentally insane for trying to build a hermit colony in Australia with flying drones delivering him Mountain Dew powered by the world's least efficient Amazon database - Ethereum.

[Cryptotourist]

~cock-r0aching~

Of course you would.
But hey. Waiters are not allowed to sit.