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

[Saint-loup]

Good morning, nice, we are back above 10,000.

Good morning... but now we are back below unfortunately  

[VB1001]

^
Yes, it repeats just like yesterday...

[mindrust]

Bad news.

After yesterday's green everything is awesome candle, we got the red candle again, at least for now. Looks like it is going to test that 9.2-9.3k.



I'll buy some serious amounts if this goes below $8k. and I don't mean small potatoes like $100.

[somac.]

I really had no clue this shit had gotten so bad, i was under the impression china had a hands off policy on HK. Apparently thats bullshit and after alot of googling and watching youtube vids I still have no clue whats going on there. I thought HK was the Golden Goose, is china trying to kill it?


Seriously if anyone can explain wtf is going on or link something that doesn't take a day of research to wade through that will sum up what the deal is, post it please.

Hong Kong Activist Leader Calls For A Run On Chinese Banks Tomorrow

The shit is hitting the fucking fan. That's what happening in HK.

Tomorrow will be a good day.

Here is a good article explaining the protests:

 https://www.theguardian.com/world/2019/aug/13/what-do-the-hong-kong-protesters-want

I remember the fall of the Soviet Union.  

It is possible that Hong Kong will be the spark that tips over the Chinese Communist Party. Especially if the protests spread to Taiwan and Macau.  

If the communist party in China falls and we see the ultimate and final "China Unbans Bitcoin" we will soar to 100k in a matter of months

I was too young to know what was going on in Tiananmen Square when it happened and I think the media brainwashed me as a child to just remember some guy standing on a tank. I was reading up on it the other day and holy shit, I didnt know the commies killed 2500 to 10k protestors  

Fuck these cunts, I hope the CIA sends lots of weapons and advisors to Hong Kong. Im usually with my future ex wife Tulsi Gabbard on avoiding regime change but not when its an antibitcoin regime, then I go full hypocrite


https://www.youtube.com/watch?time_continue=636&v=-6Wu0Q7x5D0 here is a cool 19 minute video of the history of the world. They need to add Bitcoin to the timeline, but other than that its pretty good.

I was friends with a Chinese law school classmate about 10 years ago. I remember a conversation we had about Tienanmen Square. I mentioned something about the "Tienanmen Square Massacre". He looked really confused, and said, "What about Tienanmen Square?"
Me: You know, when the Chinese army crushed the protestors in '89
Him: *Really confused look*
Me: *Pulls up wikipedia page*
Him: *Skims through it quickly* This never happened.
Me: Sure it did. There are lots of photos, video, eyewitnesses
Him: Sounds like western propaganda *Starts getting angry*
Me: *Pulls up some documentary video on youtube*
Him: *Watches 3 minutes* THIS NEVER HAPPENED! *Walks away*

Wow, China really is adept at censoring what their citizens see.

I feel like the Western media must have been influenced by China to somehow softly censor what happened, because I dont ever seen any mentions of actual deaths when American media talks about Tienanmen Square. Just  "human rights" or "tank man".

They glibly gloss over the thousands of murdered students every single time.

If those students had been illegal immigrants I suppose we would have nuked China already.

From what I hear the CCP is absolutely able to control their population and have them believe whatever they want them to believe. However, there is one caveat, this only works if the Chinese peoples lives are getting better financially. If things start to fall apart in some sort of repeat of 2008 the CCP will struggle with their propaganda.

What has been happening the last couple years in China is a huge amount of very nationalistic propaganda has been directed at the Chinese population. By various accounts this propaganda has been very effective and basically consists of the USA is the devil along with the rest of the western world. The world is underestimating the power the CCP has over their people and they shouldn't. China is comparable to the Soviet Union during the time of Stalin and like Stalin the CCP is, for lack of a better word, essentially evil.

As long as the Chinese economy has troubles we will see an increase in nationalism. And any significant falter in their economy will be blamed, very harshly, on the West. This is the CCPs only hope to avoid that caveat I mentioned in my first paragraph.

[Lambie Slayer]

Bad news.

After yesterday's green everything is awesome candle, we got the red candle again, at least for now. Looks like it is going to test that 9.2-9.3k.



I'll buy some serious amounts if this goes below $8k. and I don't mean small potatoes like $100.

Yes, it bears repeating that I see no special reason for 9k to hold. We keep testing close to it and neither newbs or institutions are stepping in en masse to buy corn at that price.

Lots of people, myself included are saying to themselves they will buy cheap corn if it gets to around 8k. Question is will they chicken out at that point if the doom callers start pounding the table or will they give us the big volume green dildo we need.

I dont think it can possibly go lower than 4900 but Im guessing that somewhere between 7500-8500 would put an end to this minibubble correction. Im not calling bottom till I see a shit ton of buyers or 4900 whichever comes first. My bet is bargain boyz step in with corn bags blazing around 8100.

via Imgflip Meme Generator

[hd49728]

Bad news.

After yesterday's green everything is awesome candle, we got the red candle again, at least for now. Looks like it is going to test that 9.2-9.3k.



I'll buy some serious amounts if this goes below $8k. and I don't mean small potatoes like $100.

Yeah, like I said weeks ago. $8k to come, and when Bitcoin hits that range, we can say "Wow, let's all in invest in Bitcoin". It will be last chance to see bitcoin in that range for next four years.

Did you mean inverted cup & handle pattern?  

How deep you think we can go from here. Correction is always healthy. Never seeing below $14k will be awesome to see however nothing is certain in Bitcoin.

Around $8000, then boom, we will never see bitcoin stay below $14000.

I feel more interesting with the horizontal line at $8000. When people panicly sell at the range of $8000, we might see the next dump to $7.5k, and that time we might see last chance to buy cheap bitcoin, this year. If it happens, next 10 weeks, someone still miss it, will have never have other chances to buy cheap bitcoin. When really big bull run starts, bitcoin will fastly break $20,000. Nevertheless, I don't think that bull run will happen sooner that middle of December this year.
For now, enjoy the bounce, just be careful.

[Lambie Slayer]

Its strangely quiet around here.  JJG took a day off  , Roach not enlightening us with rare never before seen knowledge about metals, centralization designs, and pyramids.  

[VB1001]

To be friday, they are a bit pessimistic, we will return to 10500, if we cross 10700 goodbye 4 digits.

BTCullish

[hd49728]

To be friday, they are a bit pessimistic, we will return to 10500, if we cross 10700 goodbye 4 digits.

BTCullish

I actually closed my position at $10800, so I am happy that I determinantly did that.

Yeah, $9k2 to $9k5 is important range for Bitcoin. If it fails to protect those supports, it might fall to around $8k. When it dips below $9k2, it will be so easy to fastly fall to $8k, because people will fall into panic again, and 20% drops to liquidate longers at $9k2 will occur. Not too difficult to happen if $9k2 broken. Anyway, if it occurs, $8k will be the last chance to accumulate cheap Bitcoin for it's next bill run around February to March next year. I don't think Bitcoin will start next bull run soon about December.
I set up my stop loss at $10k8.

Within the next five days, that is important period for bitcoin. Personally, I already made my stop-loss and profit-taking orders.
Like that (taking profits at $13300, while cutting loss at $10800):

I also suggest other newbie crypto-traders to do this. For experts, I don't mention about them here, because they actually can make better orders than mine.

[degxtra1]

To be friday, they are a bit pessimistic, we will return to 10500, if we cross 10700 goodbye 4 digits.

BTCullish

it's confirmed - goodbay 4 digits , let this hopium / wankers get rekt again 

[Saint-loup]

Bad news.

After yesterday's green everything is awesome candle, we got the red candle again, at least for now. Looks like it is going to test that 9.2-9.3k.



I'll buy some serious amounts if this goes below $8k. and I don't mean small potatoes like $100.

https://www.tradingview.com/chart/BTCUSD/3l1JOd99-Wedge/

The next 24 hours is extremely critical. Go down and say hello to $7.5k, we better jump up now.

edit: mini jump from 9.5k to 9.8k. I just bought before the jump another $100  

The next hours are still extremely critical or I can breathe again?  

[fillippone]

The next hours are still extremely critical or I can breathe again?  

Next hours are critical, confirmed.
HODL Breath.

[hd49728]

The next hours are still extremely critical or I can breathe again?  

It is time to turn off your computer.

[degxtra1]

It is time to turn off your computer.

if it's really your computer, it's always on

[ivomm]

Bad news.

After yesterday's green everything is awesome candle, we got the red candle again, at least for now. Looks like it is going to test that 9.2-9.3k.


I'll buy some serious amounts if this goes below $8k. and I don't mean small potatoes like $100.

Any post starting with "bad news" smells like FUD to me. Recently both mindrust and lambie are posting their predictions based on nothing (I recall a better expression, but I don't want to be rude because I really liked these guys at first). It looks like they are trying to influence the others with their repetetive 4900 resp. 7000-8000 claims. Guys, you are very new to the Bitcoin world. The market punished you for 6 months, now you are hoping to catch back what was missed. It is better to be honest and not lie to us. Learn your lessons, invest regularly and don't try to cheat the market, it will bite you. Leave the trade and FUD trolling to the pro's.  Don't go to the dark side!  

[kurious]

Its strangely quiet around here.  JJG took a day off  , Roach not enlightening us with rare never before seen knowledge about metals, centralization designs, and pyramids.  

Don't knock it!

[degxtra1]

Its strangely quiet around here.  JJG took a day off  , Roach not enlightening us with rare never before seen knowledge about metals, centralization designs, and pyramids.  

Can you imagine that JJG is an alter ego of our poor scrochie? This could be a real conspiracy theory.

[Cryptotourist]

Any post starting with "bad news" smells like FUD to me. Recently both mindrust and lambie are posting their predictions based on nothing (I recall a better expression, but I don't want to be rude because I really liked these guys at first). It looks like they are trying to influence the others with their repetetive 4900 resp. 7000-8000 claims. Guys, you are very new to the Bitcoin world. The market punished you for 6 months, now you are hoping to catch back what was missed. It is better to be honest and not lie to us. Learn your lessons, invest regularly and don't try to cheat the market, it will bite you. Leave the trade and FUD trolling to the pro's.  Don't go to the dark side!  

Lying?
- I think they're as honest as it gets.

Very new?
- Lambie is not new & I don't believe mindtrust is either.

Influence?
- In a speculation thread? Really?

Punished?
- Hodlers are never punished for hodling.

You wouldn't happen to be related to serveria.com now would you?

#

Mornigzzz my WO fuckers.

[hd49728]

If someone feel stressful with bitcoin dumps, and don't want to sell their bitcoin at the moment. They can take current low fees to move and consolidate their bitcoin.

Despite of bitcoin dumps and pumps last two days, and people went crazy with bitcoin tradings; at the moment as well as early today I observed, bitcoin transaction fees fell to 1 sat/byte. Fees for transaction with 1 input (148 bytes), 1 outputs (34 bytes) costs only 192 satoshis.
It is a best time to consolidate your bitcoin leftovers, but it doesn't last for too long. Hurry up.

Please check more there:
https://tradeblock.com/bitcoin/historical/6h-f-tfee_blk_avg-01051
https://coinb.in/#fees

[mindrust]

I've never sodl a single satoshi since the day I've started accumulating in 2016.

Cryptotourist's other points are also true.

Don't like me just because I make moon predictions. I only tell what I (can) see ahead of us.

I was calling 3k (theymos did too), last year when we were going down.

Anyway just ignore me if you don't like me.