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

[79b79aa8d5047da6d3XX]

^That is retarded and really not funny.

[1714056377]

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[Fatman3001]

^That is retarded and really not funny.

Try saying it out loud in a funny voice

[Stedsm]

Tip/dip bring it

Yeah, let's face it. Dumpers are gonna dump, why should we waste our time? Let's buy it cheap and HODL.

[ChartBuddy]

Coin
Explanation

[inca]

Lots of talk from bears who are also losing money on their leveraged positions every day. I say talk because you have already sold or shorted - all you can do is yap or buy the price higher if the market turns.

Waiting for someone else to sell the price lower for you because line on a chart points down. Worked in 2011, right Xiao?

[Moria843]

I'm long - "that's what she said"

[Stedsm]

Lots of talk from bears who are also losing money on their leveraged positions every day. I say talk because you have already sold or shorted - all you can do is yap or buy the price higher if the market turns.

Waiting for someone else to sell the price lower for you because line on a chart points down. Worked in 2011, right Xiao?

But they seem to have already been making money by shorting as the price is declining constantly. They have done all the "homework" they needed and we don't know what they have been currently waiting for.

[inca]

Lots of talk from bears who are also losing money on their leveraged positions every day. I say talk because you have already sold or shorted - all you can do is yap or buy the price higher if the market turns.

Waiting for someone else to sell the price lower for you because line on a chart points down. Worked in 2011, right Xiao?

But they seem to have already been making money by shorting as the price is declining constantly. They have done all the "homework" they needed and we don't know what they have been currently waiting for.

Works until it spectacularly doesn't. See bitcoin log multiyear trend.

[Stedsm]

Works until it spectacularly doesn't. See bitcoin log multiyear trend.

Though, I really don't see any beartrolls making it here, but slightly doing their work on the charts and they now seem to be interested in actions instead of talks. I think the value is still stabilized as compared to the volatility we saw during previous years.

[damiano]

Lots of talk from bears who are also losing money on their leveraged positions every day. I say talk because you have already sold or shorted - all you can do is yap or buy the price higher if the market turns.

Waiting for someone else to sell the price lower for you because line on a chart points down. Worked in 2011, right Xiao?

The same can be said for those who went long, especially those at 260-290. 

[sAt0sHiFanClub]

Lots of talk from bears who are also losing money on their leveraged positions every day. I say talk because you have already sold or shorted - all you can do is yap or buy the price higher if the market turns.

Waiting for someone else to sell the price lower for you because line on a chart points down. Worked in 2011, right Xiao?

The same can be said for those who went long, especially those at 260-290. 

and from $600 and above!! 

[gkv9]

and from $600 and above!! 

Just 600???
What about those who tried to make money when BTC was $1200, it was actually being compared to Gold, and it all f**ked up those (sincere and innocent newbie people) who invested at that stage thinking BTC will jump to $10k...

[sAt0sHiFanClub]

and from $600 and above!! 

Just 600???
What about those who tried to make money when BTC was $1200, it was actually being compared to Gold, and it all f**ked up those (sincere and innocent newbie people) who invested at that stage thinking BTC will jump to $10k...

There are still many "Entrepreneurs of Error" on this thread who try to paint that same picture again for the current generation of newbies.

[Wandererfromthenorth]

Lots of talk from bears who are also losing money on their leveraged positions every day. I say talk because you have already sold or shorted - all you can do is yap or buy the price higher if the market turns.

Waiting for someone else to sell the price lower for you because line on a chart points down. Worked in 2011, right Xiao?

But it's not just a "line on a chart that points down" though.

It's bid sum still being ridiculously low (and still decreasing, while at the end of the 2013 bear market bid sum went nuts, and price clearly followed for example), it's decreasing volume on all exchanges since January (again, after a real capitulation like in 2013, the recovery should be panic buying on progressively increasing volume for the following months), the fact that the actual volume on the $150 bottom wasn't all that amazing (on chinese exchanges they are almost a standard volume bar), the fact that overall volume measured in USD is lower than in the $300-$400 area especially on chinese exchanges, EW analysis, value of daily mined coins, short term (and also long term) support trend lines broken, recent weak price action etc.

And these are just the technicals.

[SkyValeey]

It's pure manipulation, that's what it is.  Bankers are keeping the price down while they shake out the weak hands and accumulate. (...)

[Fatman3001]

Enough flirting boys and girls, lets launch this thing!







doh!

[Stedsm]

It's pure manipulation, that's what it is.  Bankers are keeping the price down while they shake out the weak hands and accumulate. (...)

Lol, and what made you think like that?
They also possess investments and I bet they are not here to lose on their big bets as they also need to give back.

[Fatman3001]

-snip-

-snip-

Lol, and what made you think like that?
They also possess investments and I bet they are not here to lose on their big bets as they also need to give back.

I guess it's bullish that bears have gone to the measure of arguing with the house troll.

[ChartBuddy]

Coin
Explanation

[inca]

Lots of talk from bears who are also losing money on their leveraged positions every day. I say talk because you have already sold or shorted - all you can do is yap or buy the price higher if the market turns.

Waiting for someone else to sell the price lower for you because line on a chart points down. Worked in 2011, right Xiao?

But it's not just a "line on a chart that points down" though.

It's bid sum still being ridiculously low (and still decreasing, while at the end of the 2013 bear market bid sum went nuts, and price clearly followed for example), it's decreasing volume on all exchanges since January (again, after a real capitulation like in 2013, the recovery should be panic buying on progressively increasing volume), the fact that the actual volume on the $150 bottom wasn't all that amazing (on chinese exchanges they are almost a standard volume bar), the fact that overall volume measured in USD in lower than in the 300-400 area especially on chinese exchanges, EW analysis, value of daily mined coins, short term (and also long term) support trend lines broken, recent weak price action etc.

And these are just the technicals.

You seem to have a particular liking for the mythical bidsum without coming clean that the visible order books are a mirage..

I have asked you before but you ignored it.

How much fiat is sat on the exchanges or in hidden bid orders?

And yes technicals are simply 'line on a chart points down or up' however you want to dress it up!

Painting the dance between the longs and shorts as being won currently by shorts is a little silly, lots more money backing the long position, and only a little more and shorts will cover - retail is shorting bitcoin right now, whilst real whales accumulate.