Bitcoin Forum
August 19, 2022, 05:51:55 AM *
News: Latest Bitcoin Core release: 23.0 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: Did we reach the bottom already?
Yes - 60 (50%)
No, it's coming later this year - 44 (36.7%)
No, it's coming next year or after - 16 (13.3%)
Total Voters: 120

Pages: « 1 ... 24577 24578 24579 24580 24581 24582 24583 24584 24585 24586 24587 24588 24589 24590 24591 24592 24593 24594 24595 24596 24597 24598 24599 24600 24601 24602 24603 24604 24605 24606 24607 24608 24609 24610 24611 24612 24613 24614 24615 24616 24617 24618 24619 24620 24621 24622 24623 24624 24625 24626 [24627] 24628 24629 24630 24631 24632 24633 24634 24635 24636 24637 24638 24639 24640 24641 24642 24643 24644 24645 24646 24647 24648 24649 24650 24651 24652 24653 24654 24655 24656 24657 24658 24659 24660 24661 24662 24663 24664 24665 24666 24667 24668 24669 24670 24671 24672 24673 24674 24675 24676 24677 ... 31224 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25781487 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 5 users with 9 merit deleted.)
Bossian
Member
**
Offline Offline

Activity: 450
Merit: 59


View Profile
August 15, 2019, 07:29:25 AM

I think we have reversed... or not?  Huh

P.S. Chinese conmen ran out of ammo (Chinese ponzi coins)?

Early to tell, but possible. I bought a bit at $9.55k.
1660888315
Hero Member
*
Offline Offline

Posts: 1660888315

View Profile Personal Message (Offline)

Ignore
1660888315
Reply with quote  #2

1660888315
Report to moderator
1660888315
Hero Member
*
Offline Offline

Posts: 1660888315

View Profile Personal Message (Offline)

Ignore
1660888315
Reply with quote  #2

1660888315
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
Lambie Slayer
Hero Member
*****
Offline Offline

Activity: 952
Merit: 650



View Profile
August 15, 2019, 07:32:51 AM

So we are on pace to soon be testing the very low 9ks for the third time in a month.

I dont see any special reason why 9k will hold. I want to see some serious volume to convince me otherwise.

We can go to 7-8k and easily still consider ourselves to be in a very bullish scenario. We all remember how 2015 gave away big gains several times only to finish the year very strong.

Tons of support around 8k. If we make it that low and get some mega volume along with a green dildo then I think we set ourselves up nicely for a beautiful finish to 2019.

A huge volume spike would sure be nice.  But remember, accumulation doesn’t show volume spikes.

2015 gave us a nice example of such. The year in hindsight to me was an accumulation year for the first 10 months.

The June-July 2015 mini bull run peaked on July 12 and had big daily volume on July 10, 12, and 13.

All gains from this run were given back and the down trend did not stop till August 25. August 24 and 25 had massive volume and signaled the selling was over.

2015 to me was characterized as a large accumulation period with two mini bull runs that gave up most of their gains. 2019 did a lot of sideways and then a large bull run that we just witnessed peak on Jun 26. I still think its likely 2019 is an accumulation year just like 2015 and instead of 2 runs giving up a lot of their gains we seem to have consolidated it into 1 large run that hopefully wont give up all, but has already given up much of its gains.

Exacerbating circumstances warping it into one large run would imo be the perfect storm of stockboyz hitting all time highs despite all the economic fuckery we are living in, Trump jawboning the Fed into first ending rate hikes and quantitative tightening, following up that feat by jawboning the Fed into cutting rates, the Trade War shitstorm, the devaluing of the Yuan, the NYAG Tether crusade making Bitcoin a safe haven from sketchy stablecoins, the Libra hype(lets be honest that was crack cocaine for newbs) the demise of shitcoins, the humiliation of CSW, and last but not least frontrunning what happened in 2015.

TLDR: I think we are due for some moderate to serious mean reverting based on the 2015 fractal. Good news is a lot of it has already happened, but Im convinced its not over and a mega volume day would go a long way to change my mind.

zhekinsp
Full Member
***
Offline Offline

Activity: 882
Merit: 126


★777Coin.com★ Fun BTC Casino!


View Profile
August 15, 2019, 07:35:37 AM

^Jump up means?

Buy now or wait ?
If everyone decides to wait then the price may fall $7.5K so its better to do buy now if we don't want to wakeup the bears.
nutildah
Legendary
*
Offline Offline

Activity: 2352
Merit: 5415


Goldenshibe


View Profile WWW
August 15, 2019, 07:39:24 AM
Merited by JayJuanGee (1), 600watt (1)

And he is somewhat deluded into thinking that the possibility of a "blockapocallipse" is much higher than it really is...

You may wish to ponderate upon this trend line: https://www.blockchain.com/en/charts/avg-block-size?timespan=all

Has nothing to do with a "blockalypse" because the blockalyse never happened.

Blocks became full, Dominance plummeted. If you don't like the name Blockalypse I for this sorry state of affairs, then good for you. Stick your metaphorical fingers in your ears or bury your metaphorical head in the ground - your choice. For my part, I find it an apt and fitting description.

You're correlating two things that have nothing to do with one another. The price of BTC continued to rise during the dominance plummeting. There are hundreds of other projects out there that were rising just as fast, or faster. Ego, they were taking up more of the market cap share. Its simple math.

This time around, investors have wisened up to the fact that not every project will be as successful as bitcoin, which is why altcoins are being left behind (including BCH and BSV).

If money was flowing out of BTC in search of other options, its price would have declined. Instead, the opposite happened.

Quote
It simply means blocks are becoming increasingly full.

Exactly. And when they become persistently full once again?
Blockalypse II. Where the masses again abandon BTC for some other chain that actually allows one to quickly and inexpensively transfer value.

Again, its dishonest of you to say the "masses abandoned BTC" when its price was on the rise the entire time. This is why the 'blockalypse' never happened.
VB1001
Legendary
*
Offline Offline

Activity: 938
Merit: 2491


<<CypherPunkCat>>


View Profile WWW
August 15, 2019, 07:54:01 AM

Santander UK unexpectedly dropped support for Coinbase

Quote
On August 14 a Reddit user announced that Santander UK was halting all payments to Coinbase cryptocurrency exchange. ui/Cheat69 said:

Just got off the phone with a Santander rep in the U.K. who informed me they will no longer be allowing their customers to deposit money to Coinbase.

After I put in a compliant their “complaints department” confirmed to me that I should move to an alternative bank if I wish to make the payment.

They went on to say this is likely because of an increase in fraud related to Coinbase.

https://bitcoinist.com/santander-uk-no-longer-supports-coinbase-payments/

Yesterday Barclays today Santander. Roll Eyes

https://bitcointalk.org/index.php?topic=178336.msg52155756#msg52155756


600watt
Legendary
*
Offline Offline

Activity: 2338
Merit: 2091



View Profile
August 15, 2019, 07:57:04 AM

lol, some bounce. we need another $150 to go up to be above $10k.

obvoiusly this is your last chance to buy sub 10k. once it goes above, we will never see sub $10k againTM

 Grin
HairyMaclairy
Legendary
*
Offline Offline

Activity: 1414
Merit: 2174


Degenerate bull hatter & Bitcoin monotheist


View Profile
August 15, 2019, 07:58:55 AM



I still need to get my mom to sign the permission form
heslo
Hero Member
*****
Offline Offline

Activity: 1026
Merit: 694


View Profile
August 15, 2019, 08:09:41 AM

So is this the bottom or just a dead cat bounce?

I think we've probably seen the worst... seems people got a bit over happy in the sell off
VB1001
Legendary
*
Offline Offline

Activity: 938
Merit: 2491


<<CypherPunkCat>>


View Profile WWW
August 15, 2019, 08:12:54 AM



I still need to get my mom to sign the permission form

Ok, study a little more this summer and your mom will give you the authorization.
Saint-loup
Legendary
*
Offline Offline

Activity: 1974
Merit: 1779



View Profile
August 15, 2019, 08:29:10 AM


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  Grin
Roll Eyes
JSRAW
Legendary
*
Offline Offline

Activity: 1526
Merit: 1429



View Profile
August 15, 2019, 08:29:53 AM

To keep up WO's Spirit up Grin

El duderino_
Legendary
*
Offline Offline

Activity: 1876
Merit: 9107


Observing No-Coiners.


View Profile
August 15, 2019, 08:33:15 AM

Don’t mind the spirit of the true WO-members

Its always positive Cheesy
El duderino_
Legendary
*
Offline Offline

Activity: 1876
Merit: 9107


Observing No-Coiners.


View Profile
August 15, 2019, 08:35:05 AM

The ongoing Argentine devaluation is heartbreaking:

100 Pesos

= 20.2 USD (Jan 2013)

= 14.2 USD (Jan 2014)

= 11.6 USD (Jan 2015)

= 7.5 USD (Jan 2016)

= 6.3 USD (Jan 2017)

= 5.2 USD (Jan 2018)

= 2.6 USD (Jan 2019)

= 1.7 USD (Now, Aug 2019)
https://twitter.com/matthuang/status/1161663210392436738?s=21

People Will realise....
lightfoot
Legendary
*
Offline Offline

Activity: 2912
Merit: 2152


I fix broken miners. And make holes in teeth :-)


View Profile
August 15, 2019, 09:19:58 AM

Quote
An autopsy found that financier Jeffrey Epstein sustained multiple breaks in his neck bones, according to two people familiar with the findings, deepening the mystery about the circumstances around his death.
Among the bones broken in Epstein’s neck was the hyoid bone, which in men is near the Adam’s apple. Such breaks can occur in those who hang themselves, particularly if they are older, according to forensics experts and studies on the subject. But they are more common in victims of homicide by strangulation, the experts said.

They need to check Waze, there was probably a traffic jam outside his cell with various operatives trying to get in there to kill him.

Who strangled Epstein? Everybody.
hd49728
Hero Member
*****
Offline Offline

Activity: 1456
Merit: 751



View Profile
August 15, 2019, 09:39:23 AM


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  Grin
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.
fillippone
Legendary
*
pizza
Offline Offline

Activity: 1526
Merit: 10406


Merit Rascal - Pizza Maker


View Profile
August 15, 2019, 09:45:37 AM

Time to hit F9, Gabor: negative yielding bonds just hit 16 Trillions USD.

‘Time for Plan ₿,’ Says VanEck Exec as Negative Yield Bonds Hit 27%


Quote
According to Deutsche Bank, 27% of global bonds traded are now negative yield, so expected to pay out less than their initial cost.

Negative yield bonds dwarf Bitcoin market cap

This represents $15 trillion worth of debt. Or as VanEck digital asset director, Gabor Gurbacs, commented Aug. 14, this is 75 times the total Bitcoin market cap.

“It’s time for Plan ₿!” he adds.

Whilst currently this phenomenon is limited to certain European countries and Japan, all eyes are on the U.S. Federal Reserve to see if it follows the trend.

Meanwhile, ex-chairman of the Fed, Alan Greenspan, told Bloomberg on Tuesday that there is no barrier to Treasury yields falling below zero. This prompted Bitcoin perma-bull, Max Keiser to tweet that “Bitcoin has no top because fiat has no bottom.”



El duderino_
Legendary
*
Offline Offline

Activity: 1876
Merit: 9107


Observing No-Coiners.


View Profile
August 15, 2019, 09:47:29 AM

10K closing in ......  Cool
Saint-loup
Legendary
*
Offline Offline

Activity: 1974
Merit: 1779



View Profile
August 15, 2019, 09:52:41 AM
Last edit: August 15, 2019, 10:33:05 AM by Saint-loup

As The Largest Crypto Exchange Goes Offline, Bitcoin And Altcoins Crash To New August Lows

The cryptocurrency market lost around $25 billion today, as Bitcoin and all major large-cap altcoins plummeted heavily. This happened right after Binance, the world’s largest cryptocurrency exchange went down for scheduled maintenance.

Bitcoin, for once, broke below the $10,000 level in a heavy plunge upwards of 7% at the time of this writing.

Awkward Timing Once Again

All of this happened after Binance, the world’s largest cryptocurrency exchange, went off for a scheduled maintenance in order to perform a system update.

In any case, the maintenance was intended to go for 6-8 hours, which is a considerable amount of time during which deposits, withdrawals, and trading is halted.

As Cryptopotato reported in the past, scheduled maintenances of the kind are an excellent opportunity for Bitcoin price manipulations by whales. Traders don’t want to stay out of control only to find their positions forced liquidation at the time the exchange goes back up.

Moreover, there is also a possibility for serious arbitrage trading because of the severe price difference before and after Binance went offline.


https://cryptopotato.com/as-the-largest-crypto-exchange-goes-offline-bitcoin-and-altcoins-crash-to-new-august-lows/

https://www.binance.com/en/support/articles/360032315391
El duderino_
Legendary
*
Offline Offline

Activity: 1876
Merit: 9107


Observing No-Coiners.


View Profile
August 15, 2019, 09:54:59 AM

https://m.hln.be/geld/economie/beurzen-kleuren-rood-door-vrees-voor-recessie~ab5bc0ee/

Belgium news..... start talking about a probably recession and everything is turning red etc

Then I was Reading, suddenly they where writing that BTC also went down a bit from 12 to 9.7K
Questioning if BTC is a safe heaven or absolutely not.....
VB1001
Legendary
*
Offline Offline

Activity: 938
Merit: 2491


<<CypherPunkCat>>


View Profile WWW
August 15, 2019, 10:01:05 AM
Merited by fillippone (1)



Quote
On August 15, 1971, President Richard Nixon closed the gold window to foreign countries, meaning they no longer could exchange dollars for gold.

The Federal Reserve had printed so much money that there was
a run on gold at the Treasury by foreign central banks. (Americans at the time couldn't own gold thanks to a ban by Franklin Delano Rosevelt.)

The printing of money also caused accelerating price inflation in the United States that Nixon tried to battle. But instead of putting pressure on the Federal Reserve to stop printing money, on the same day he closed the gold window, he also imposed a wage and price freeze.

https://www.economicpolicyjournal.com/2018/08/this-week-in-economic-history-nixon.html

August 15, 1971 / Aug-15-2019

Lets go 10,000 BTCitcoin
Pages: « 1 ... 24577 24578 24579 24580 24581 24582 24583 24584 24585 24586 24587 24588 24589 24590 24591 24592 24593 24594 24595 24596 24597 24598 24599 24600 24601 24602 24603 24604 24605 24606 24607 24608 24609 24610 24611 24612 24613 24614 24615 24616 24617 24618 24619 24620 24621 24622 24623 24624 24625 24626 [24627] 24628 24629 24630 24631 24632 24633 24634 24635 24636 24637 24638 24639 24640 24641 24642 24643 24644 24645 24646 24647 24648 24649 24650 24651 24652 24653 24654 24655 24656 24657 24658 24659 24660 24661 24662 24663 24664 24665 24666 24667 24668 24669 24670 24671 24672 24673 24674 24675 24676 24677 ... 31224 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!