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Question: New ATH today?
Yes - 35 (79.5%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25466493 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. (157 posts by 13+ users deleted.)
rdbase
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August 17, 2020, 01:39:16 PM
Merited by LFC_Bitcoin (1)

Somebody doesnt want 12k
Slaughter that mini-bearwhale!!!
Seemingly a tough nut to crack atm. We’ll break through by the end of this weekend, I think.
Shazaaammm!

After the weekend now  Cheesy


Oh wait... I am not wearing the hat.
Nvm! Roll Eyes
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JimboToronto
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August 17, 2020, 01:41:25 PM

Good morning Bitcoinland.

A new AYH and immediate correction... currently $12060USD/$15952CAD (Bitcoinaverage).

The battle for $12k rages on.

Go Bitcoin go.
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August 17, 2020, 01:45:07 PM
Merited by LFC_Bitcoin (1)

I like this jam for the official pump it up song of the forums. Grin
https://www.youtube.com/watch?v=BfnjX88Va4Y

But then again... who da faq am I? Cheesy

Sitting in a pub garden, observing $12,000 breached.

Enjoy the $12,000 breach pint bud! Cool
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August 17, 2020, 01:54:36 PM

watching those bitcoin price break outs for years. what I do not get is who is selling? why sell on a breakout in a bull leaning sentiment? price was consolidating for weeks. are those only stop losses and shorters getting liquidated? it looks like if there are still traders placing shorts, trying to get the price down. why?
Last of the V8s
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August 17, 2020, 01:57:14 PM

Last of the V8s
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August 17, 2020, 01:57:41 PM
Merited by 600watt (1)

to accumulate more
LFC_Bitcoin
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August 17, 2020, 01:58:21 PM

watching those bitcoin price break outs for years. what I do not get is who is selling? why sell on a breakout in a bull leaning sentiment? price was consolidating for weeks. are those only stop losses and shorters getting liquidated? it looks like if there are still traders placing shorts, trying to get the price down. why?

Maybe guys who had $12,000 sell orders already placed on the exchanges. They might be out & about, totally unaware of how the market is playing out so their sells are already placed.

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August 17, 2020, 01:58:47 PM

to accumulate more

that's it. ty.  Smiley
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August 17, 2020, 02:02:50 PM

ALL YEAR HIGH.

but boy, it was a short lived one.
So was the correction.
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August 17, 2020, 02:05:49 PM

Let's buy this shit.
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August 17, 2020, 02:08:33 PM
Merited by JayJuanGee (1), Last of the V8s (1)

Just watched an interview of Julia Chatterly with the Taiwanese Digital Minister on CNN (yep that on the right IS the minister!):



I noticed the following interesting things compared to my country:
1. We don't have a Digital Ministry
2. We don't have any longhaired, bright and seemingly quite competent hacker boffin in government at all
3. None of our government says goodbye this way with the words "Live long and prosper"

Made my day.

[Edited to add]: Happy 12k day, may it stick above this time!
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August 17, 2020, 02:15:38 PM

Bear suicide death toll will be much higher than snakebites or the scamdemic flu this year.  Cheesy

Bears if you want a painless ending there are 8 states where doctors can help you move past this life. I suspect Roach has already taken this route.

https://www.deathwithdignity.org/learn/death-with-dignity-acts/

Current Death with Dignity Laws
Eight states and Washington, D.C., have death with dignity statutes:

California (End of Life Bear Option Act; approved in 2015, in effect from 2016)
Colorado (End of Life Bear Options Act; 2016)
District of Columbia (D.C. Nocoiner Death with Dignity Act; 2016/2017)
Hawai‘i (Bear Care, Our Choice Act; 2018/2019)
Maine (Liquidated with Dignity Act; 2019)
New Jersey (Aid in Dying for the Terminally Bearish Act; 2019)
Oregon (Death with Dignity Act; 1994/1997)
Vermont (Nocoiner Choice and Control at the End of Selling Act; 2013)
Washington (Fiat Hold with Dignity Act; 2008)

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August 17, 2020, 02:18:06 PM
Last edit: August 17, 2020, 02:29:51 PM by philipma1957
Merited by JayJuanGee (1), LFC_Bitcoin (1), 600watt (1)

And 12186 looking good. At the moment.

Why do sellers sell.

Well maybe they had a lot at 3900-4100 purchased on March 12 of 2020

If I had purchased 200 coins in that range say 4000 I am on the hook for 800,000

I might have set a 12000  20 coin sale up and cashed it.  

We hit 12k 3 times this year correct.  so a guy above may have done 3 sales. of 20 coins. at 12 k = 720000

which would mean his remaining coins 140 cost him only 80,000

  He could set on more sale at 13,000 and if he does that 20 x 13,000 = 260,000

 which means he has 120 coins in hand and a profit of 180,000.

I think this is happening if it is and I am correct we will break out of it and go past 13,000 soon.

 As all those march 12 2020 buyers. Are reaching a point of perfection.

Ie. their remaining coins were not free but they were paid to get them.

WE WOULD NEED 1 RISE TO 13000 then a dropping candle.

At this point any March 12 buyer  following the method above would be at 60% of the coins he purchased and the coins would have cost him -1500 each.

He could then stop selling. 10%  of his original purchase of coins.  and only sell .5% or in my example he could sell

 1 coin at 13900 leaving him 119 coins and his 119 coins would be -1629 each or his profit is 193900
 1 coin at 14900 leaving him 118 coins and his 118 coins would be -1769 each or his profit is 208800


So I see the sell offs at 12k caused by people that purchase in the 4000 price range in march of 2020

I also see them ending very soon maybe 1 more selling spike at 13k

then off to the races.
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August 17, 2020, 02:21:47 PM


so pray for slow grind, not his bart stuff. hell for short sellers
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August 17, 2020, 02:24:16 PM
Merited by philipma1957 (1)

https://twitter.com/bitstein/status/1295363141086240770?s=20

BREAKING NEWS INSIDE THE WHITE HOUSE
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August 17, 2020, 02:49:40 PM

Up down up down up down.

I really need to find a bot that can work for me.
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August 17, 2020, 02:50:56 PM

JL0
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August 17, 2020, 02:51:30 PM

Happy 12k. Somebody had enough of this 11.9k shit...




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August 17, 2020, 02:51:41 PM

Up down up down up down.

I really need to find a bot that can work for me.
That is my thinking too. Barts are slowly fading away and new moves are on the rise. I love corn more than ever, never a dull day around here. Never!
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August 17, 2020, 02:55:03 PM
Merited by Karartma1 (1), nutildah (1)



Gaytris?  Grin
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