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Question: Closing BTC Price June 17:
$0 - 4 (3%)
<$6,500 - 7 (5.3%)
$6,500-$6,750 - 1 (0.8%)
$6,751-$7,000 - 2 (1.5%)
$7,001-$7,250 - 3 (2.3%)
$7,251-$7,500 - 6 (4.5%)
$7,501-$7,750 - 4 (3%)
$7,751-$8,000 - 12 (9.1%)
$8,001-$8,250 - 13 (9.8%)
$8,251-$8,500 - 7 (5.3%)
$8,501-$8,750 - 6 (4.5%)
$8,751-$9,000 - 11 (8.3%)
$9,001,$9,250 - 13 (9.8%)
$9,251-$9,500 - 17 (12.9%)
>$9,500 - 17 (12.9%)
$20,000 - 9 (6.8%)
Total Voters: 132

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21229024 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. (66 posts by 16 users deleted.)
TasosRiv
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May 21, 2019, 07:53:21 AM
Merited by RivAngE (4)

Has anyone consider that price change can be in connection with google putting huawei on blacklist. Im thinking what could happen if Chinese people could stop buying Coca Cola for one day.
Is it possible that could be connected in some way.

A connection to Huawei, pretty unlikely.
A connection to the overall trade-war chaos, very likely that at least many people turned to the universal and decentralized asset for safety.
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Phil_S
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May 21, 2019, 08:14:18 AM

Thanks Toxic2040 for making me a Sr. Member.  Grin
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May 21, 2019, 08:26:19 AM

fair 'nough.
 bet you a merit I end up being closer though.
Deal!



I just marked on my calendar!
See you in one year!
splendid. you're on. how very brave you are!
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May 21, 2019, 08:33:12 AM

Gold Bar 400 oz =



1 BTC =

Not sure what this is supposed to show, but it'd be interesting to see a chart of the BTC/Gold price over the last few years; Especially because the gold prices are constantly falling (aka manipulated by paper futures).
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May 21, 2019, 08:54:17 AM

Quote
The next wave isn't your grandma. It's institutions and pension funds.
The wave after that also isn't your grandma. It's central banks and governments.
I don't think old people will ever enter Bitcoin en masse.
https://twitter.com/jimmysong/status/1130298125388832768

So is.

Highlighted stupid part is stupid. Jimmy Song and everyone he knows will be "old people" by the time the second wave comes. "Old people" of the future will be buying Bitcoin like the old people of today buy PMs.

my grandma asked me in the spring of 2017 if she could invest some money into bitcoin. price was around $2.5k, (which was my best case scenario top for end of 2017 Cheesy). I thought that it would be kind of mean to sell btc to my grandma at my projected yearly high, so we agreed on a 50% discount. when it went over $12k my grandma wanted to cash out.

this way she made 10x in $.

she is 93
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May 21, 2019, 08:58:10 AM
Merited by micgoossens (1)

Gold Bar 400 oz =



1 BTC =

Not sure what this is supposed to show, but it'd be interesting to see a chart of the BTC/Gold price over the last few years; Especially because the gold prices are constantly falling (aka manipulated by paper futures).

Here you go!
https://www.tradingview.com/symbols/spread/TVC%3AGOLD%2A400%2FCOINBASE%3ABTCUSD/



LFC_Bitcoin
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May 21, 2019, 09:01:56 AM

my grandma asked me in the spring of 2017 if she could invest some money into bitcoin. price was around $2.5k, (which was my best case scenario top for end of 2017 Cheesy). I thought that it would be kind of mean to sell btc to my grandma at my projected yearly high, so we agreed on a 50% discount. when it went over $12k my grandma wanted to cash out.

this way she made 10x in $.

she is 93

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May 21, 2019, 09:08:52 AM


hey cool! asking for permission to use the link for further usage.  Wink
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May 21, 2019, 09:11:30 AM
Merited by Gyrsur (1)


No need to ask, just do that!
"Imitation is the sincerest form of flattery"

Not my idea, very basic trading view skills required.
Send merits instead!
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May 21, 2019, 09:17:43 AM


No need to ask, just do that!
"Imitation is the sincerest form of flattery"

Not my idea, very basic trading view skills required.
Send merits instead!
+1 WO Merit

thank you! unfortunately out of sMerit again.  Sad

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May 21, 2019, 09:19:23 AM

Support line I drew back in early 2017 (it was my first post here, btw): We were barely over $1100 at that point.



Said "should expect $2000 at the very end of 2017, and $5000 at the end of 2018." Wouldn't dare to say anything about 2019.

Here's how it looks right now:



 Wink



We will soon know if that trend line still holds true in the following months. I think that is a healthy projection for a nascent industry such as cryptocurrencies and its barometer, Bitcoin. Steady upward movement is a welcome site.
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May 21, 2019, 09:23:06 AM


No need to ask, just do that!
"Imitation is the sincerest form of flattery"

Not my idea, very basic trading view skills required.
Send merits instead!
+1 WO Merit

thank you! unfortunately out of sMerit again.  Sad



We are WO family and all gentlemen here.
No need to rush. Time will come.
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May 21, 2019, 09:26:41 AM
Last edit: May 21, 2019, 09:48:03 AM by btcsmlcmnr
Merited by Wekkel (1)

Such linear line does not make much sense to forecast price movements of bitcoin in my opinion. I believe that there are two scenarios for bitcoin upward movements in the next few months: First, it might hit or break the point around $10000 (the blue line); Second, if it surpass $10000 and still has good supports and demands from bitcoin enthusiats, it might test the strong resistance around $11500 (the red line). Who knows, how bitcoin will move next months, but I think these two price points are very important for bitcoin in medium-term.
It is my first time to see such topic without signature, it looks very clean ^^
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May 21, 2019, 09:28:47 AM

Send him one Smiley

And indeed WO = gentlemen !!!


Btw,



8000 +, as this BTC-Brother = writing !!!!!!!

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May 21, 2019, 09:41:52 AM
Merited by JayJuanGee (1)

Gold Bar 400 oz =



1 BTC =

Not sure what this is supposed to show, but it'd be interesting to see a chart of the BTC/Gold price over the last few years; Especially because the gold prices are constantly falling (aka manipulated by paper futures).

Here you go!
https://www.tradingview.com/symbols/spread/TVC%3AGOLD%2A400%2FCOINBASE%3ABTCUSD/


Hehe not bad! Thanks!
And what I wanted to see was the gold/BTC relation during the crypto-winter. It seems that Bitcoin didn't give a lot of space to gold after all, both had a similar fate.
This doesn't make sense to me though, shouldn't either "safe heaven" asset (if not both) flourish during an unstable stock market? I guess since both assets cannot be faked and printed, they have a common enemy who is fighting them both equally.

Nonetheless, it's obvious which of the two assets is more resistant to manipulation/suppression.
Here's a focused chart starting on May 2017, the first month the daily BTC volume consistently reached a billion $.
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May 21, 2019, 09:45:30 AM

Send him one Smiley

And indeed WO = gentlemen !!!

Thanks Mic aka sm-source Dude!  Wink
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May 21, 2019, 10:08:43 AM

A Gelderland (called Guelders in English) residence, said to be the director of two firms, has been arrested for involving in a fraud amounting to 14000 Bitcoin.

there may be a more better write-up somewhere
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May 21, 2019, 10:29:42 AM

Has anyone consider that price change can be in connection with google putting huawei on blacklist. Im thinking what could happen if Chinese people could stop buying Coca Cola for one day.
Is it possible that could be connected in some way.

CocaCola in China, like everywhere else, is just a small number of local companies that have bought the rights to use the CocaCola brand. You would be hurting the local owners not CocaCola USA.  CocaCola in Altlanta makes its profits from IP licensing.  

https://www.coca-colacompany.com/press-center/press-releases/the-coca-cola-system-in-china-completes-definitive-agreement-to-reshape-bottling-operations-in-china#ath
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May 21, 2019, 10:38:42 AM

JPMorgan analysis of Bitcoin:

2017: “I’d fire trader ‘in a second’ for trading Bitcoin” (Jamie Dimon)

2018: Bitcoin has no intrinsic value

2019 (present): Bitcoin’s intrinsic value is $4k

At this rate...

2020: Bitcoin’s intrinsic value is $100k

2021: It could be much higher



https://twitter.com/JamesTodaroMD/status/1130626233425944577
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May 21, 2019, 10:49:32 AM

Quote
At this rate...

2019: He'd look good in a ball gag and suspenders.
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