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

[ChartBuddy]

Coin
Explanation

[1714033523]

1714033523

[1714033523]

1714033523

[1714033523]

1714033523

[Fatman3001]

I'm starting to feel like this guy



This is not the way it was supposed to go

[luckygenough56]

i'll start to panic if we go below 1300

[fonsie]

I'll never understand why people sell on the way down.
It's the complete opposite of what a good trader does.

No. You're wrong. Good trader is trader who can earn money with both direction.

Bad trader is trader who can earn money only with bubble rises.

No. You're wrong. Good trader is trader who can earn money with all direction.

Bad trader is trader who can earn no money.

[ensurance982]

Good to see some traders like ibankbitcoins being wrong, as well. He also bought the rally to $260, and I consider him to be quite level-headed and giving some nice input on trades.

[empowering]

A good trader is a trader that minimises and controls their bank and their risk, and manages on a consistent basis to make more gains than losses.

[ChartBuddy]

Coin
Explanation

[ensurance982]

A good trader is a trader that minimises and controls their bank and their risk, and manages on a consistent basis to make more gains than losses.

Still, even good traders are wrong at times. One of the most important things, in my opinion, is respecting your stops. I guess he made the mistake of not following through during Thursday morning's dump. (He set a soft stop and was sleeping, apparently)

[Sitarow]

[empowering]

A good trader is a trader that minimises and controls their bank and their risk, and manages on a consistent basis to make more gains than losses.

Still, even good traders are wrong at times. One of the most important things, in my opinion, is respecting your stops. I guess he made the mistake of not following through during Thursday morning's dump. (He set a soft stop and was sleeping, apparently)

yeah of course good traders can make wrong calls... no one is going to win every trade, but like I said, a good trader controls their bank and manages risk.

oh and it does not hurt to be well capitalised

[luckygenough56]

[ChartBuddy]

Coin
Explanation

[noobtrader]

I'm sceptical.
BIT opening has been next week for about 3 weeks & these ebay/paypal announcements seem to be trotted out 2 or 3 times a year & fuck all happens.

That's the nature of regulators.

They move at glacial speed, and they have a big impact.

Plus Gemini & the Winkledouches ETF.
I want some ******* good news.
Proper news, adoption.

Getting fed up of this bear market, if I wasn't fairly comfortable in life I'd have sold everything by now.

why good news always bad for price ?

[Stedsm]

why good news always bad for price ?

The most basic explanation would be: Manipulators and whale traders predict a buy pressure to start soon after everyone learns about the news, so they're trying to quickly dump and create artificial sell pressure to buy what they can before the next pump. If you look at how this small dump is moving you'll notice that it's really slow with a lot of coins being bought back.

But what about the -ve %s that are being poured in day by day in the value of the coins?
Are these whales not interested in getting their investments back with some higher profits for their ^hardwork^?

[Torque]

I'm sceptical.
BIT opening has been next week for about 3 weeks & these ebay/paypal announcements seem to be trotted out 2 or 3 times a year & fuck all happens.

That's the nature of regulators.

They move at glacial speed, and they have a big impact.

Plus Gemini & the Winkledouches ETF.
I want some ******* good news.
Proper news, adoption.

Getting fed up of this bear market, if I wasn't fairly comfortable in life I'd have sold everything by now.

What's worse is that 2014 was all this great merchant adoption news --- Expedia!  Microsoft!  Dell!  Overstock!

Now this 2015 year so far, what do we have announced?  Rakuten! (yay, but nobody cares)  PayPal integration! (yay, but nobody cares, old news).

And that's pretty much it.  We were promised BIG retailers would just keep rolling in, like Amazon, Starbucks, Target, Walmart, etc.  Still haven't seen shit.

Coinbase claims to supposedly have 39,000 merchants integrated (according to their website).  39,000!  So where's the fkn list, Coinbase?  Can't we see who's on the damn list?  Are you guys so ashamed of the merchants on this list that we the public can't even know about them?

And I'm sure with BitPay it's the same, a bunch of merchants integrated that we know fk all about.

Great marketing guys, great marketing.  /s  /rant

[fonsie]

I'm sceptical.
BIT opening has been next week for about 3 weeks & these ebay/paypal announcements seem to be trotted out 2 or 3 times a year & fuck all happens.

That's the nature of regulators.

They move at glacial speed, and they have a big impact.

Plus Gemini & the Winkledouches ETF.
I want some ******* good news.
Proper news, adoption.

Getting fed up of this bear market, if I wasn't fairly comfortable in life I'd have sold everything by now.

What's worse is that 2014 was all this great merchant adoption news --- Expedia!  Microsoft!  Dell!  Overstock!

Now this 2015 year so far, what do we have announced?  Rakuten! (yay, but nobody cares)  PayPal integration! (yay, but nobody cares, old news).

And that's pretty much it.  We were promised BIG retailers would just keep rolling in, like Amazon, Starbucks, Target, Walmart, etc.  Still haven't seen shit.

Coinbase claims to supposedly have 39,000 merchants integrated (according to their website).  39,000!  So where's the fkn list, Coinbase?  Can't we see who's on the damn list?  Are you guys so ashamed of the merchants on this list that we the public can't even know about them?

And I'm sure with BitPay it's the same, a bunch of merchants integrated that we know fk all about.

Great marketing guys, great marketing.  /s  /rant

How many members does facebook have? Up until this day I have yet to see a list with all of their names and adresses.

[Torque]

I'm sceptical.
BIT opening has been next week for about 3 weeks & these ebay/paypal announcements seem to be trotted out 2 or 3 times a year & fuck all happens.

That's the nature of regulators.

They move at glacial speed, and they have a big impact.

Plus Gemini & the Winkledouches ETF.
I want some ******* good news.
Proper news, adoption.

Getting fed up of this bear market, if I wasn't fairly comfortable in life I'd have sold everything by now.

What's worse is that 2014 was all this great merchant adoption news --- Expedia!  Microsoft!  Dell!  Overstock!

Now this 2015 year so far, what do we have announced?  Rakuten! (yay, but nobody cares)  PayPal integration! (yay, but nobody cares, old news).

And that's pretty much it.  We were promised BIG retailers would just keep rolling in, like Amazon, Starbucks, Target, Walmart, etc.  Still haven't seen shit.

Coinbase claims to supposedly have 39,000 merchants integrated (according to their website).  39,000!  So where's the fkn list, Coinbase?  Can't we see who's on the damn list?  Are you guys so ashamed of the merchants on this list that we the public can't even know about them?

And I'm sure with BitPay it's the same, a bunch of merchants integrated that we know fk all about.

Great marketing guys, great marketing.  /s  /rant

How many members does facebook have? Up until this day I have yet to see a list with all of their names and adresses.

So how is the public supposed to know where to go spend their bitcoin right now, hmmm?  Just wander around aimlessly until they accidentally bump up against one of these tens of thousands of merchants?

[Ezmoneyezlife]

some proper analysis, which lacks alot in here:

According to strong bearish divergence on daily chart (which price didn't neutralized during weak rally) I see a pretty propabable H&S pattern

I see only move above 310 will harm bearish scenario

Volume-wise market has been positive since 1 April, but the momentum is lost after 3 Apr, so market is likely the have corrections.. just sayin.

Yep, its just nothing but another chinese wash volume bulltrap to force more longs before a dump, 135-160$ range is an obvious ultrasolid support.

Nuff said

[soullyG]

~5k coins dumped down to $232 on Bitfinex, lets see how much resistance we have around here

[Sitarow]