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

[ChartBuddy]

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Explanation

[JorgeStolfi]

The misguided "professor" in question is an inveterate Buttcoiner through and through, believes that Bitcoin is inherently a scam, yet feigns airs of curiosity and moderation to suck people into his egotistical troll web. He has very predictable patterns of disingenuously just "asking questions" as troll bait to setup pre-conceived wall of text rants.

I am not feigning anything; my signature says what I think.  You know my name, my job, my face, my opinions.

Bitcoin was not meant to be a scam, but it has become one.

"Misguided" is what I see most among bitcoiners: partly because of wishful thinking, partly because the snake oil salesmen try their best to hide the truth and spread lies (like "China is not important", "adoption is increasing", etc.).

I contribute serious stuff to /r/bitcoin and make fun of bitcoiners on /r/buttcoin.  The latter I consider myself to be fully entitled to, as a small compensation for the insults that I get here, on reddit and on twitter -- merely for, once in a while, writing some unpleasant truths about bitcoin.

[bad trader]

Anyhow, monkey sees 2-3 hours of downside intraday, followed by another attack on resistance at 237 on the daily chart, which seems likely to succeed this time; but, 296 is almost certain to hold, if it is even achievable before the run down to 180 which monkey expects on the weekly chart.

I'm not impressed.

[Chef Ramsay]

Anyhow, monkey sees 2-3 hours of downside intraday, followed by another attack on resistance at 237 on the daily chart, which seems likely to succeed this time; but, 296 is almost certain to hold, if it is even achievable before the run down to 180 which monkey expects on the weekly chart.

I'm not impressed.

Yeah, that was what I was thinking at about 3pm est, not even sure about the 296 thing. I was just assuming the dude had a bot running and somehow was able to forecast based upon that. I then looked at the different charts and thought that I'd throw in the towel on this one.

[ChartBuddy]

Coin
Explanation

[Cconvert2G36]

If bitcoin is to succeed, then these points must be argued against. But that rarely happens. The poster will be simply called a troll, a few ad hominen attacks on him and then put on a stupid, pointless ignore list.

The sad thing is that even the most rabid bitcoiners find it difficult to string a few words together into a logical argument to defend bitcoin. Thats what worries me most.

There's a world of difference between genuine argument, discussion, debate, etc., and humoring someone with a proven track record of shameless concern-trolling.

The misguided "professor" in question is an inveterate Buttcoiner through and through, believes that Bitcoin is inherently a scam, yet feigns airs of curiosity and moderation to suck people into his egotistical troll web. He has very predictable patterns of disingenuously just "asking questions" as troll bait to setup pre-conceived wall of text rants.

It's impossible to really engage this kind of mentality because he bombards you with a sheer volume of pointless text that is too exhausting for anyone sincere to deal with, whereas the troll revels in this imaginary domination of people on the internet on the basis of nothing. You can confront this kind of person with facts and arguments all you want, and he repays you with passive-aggressive self-deprecation. No amount of rationalization for this behavior as some kind of self-appointed do-gooder obligation overcomes the natural reaction that such a toxic participant can fuck right off.

You drastically underestimate the benefits bestowed upon the fervent if the exchange rate looks northward. You should thank the lucky stars for "trolls" as frank and unwaveringly persistent as our dear professor.

If bitcoin chokes on its own parameters, and slides into the dust, he wins, and can pat himself on the back. It is added to his life's catalogs of ideas he was clever enough to classify and predict an outcome. If it grows, adapts, perseveres, you are thankful that Jorge has been with you for the ride. He will have watched his concerns and misgivings sacrificed on the altar of history.

Thou doth protest too much, me thinks.

Order book on finex pretty balanced, similar to 225 or 235.

[aminorex]

Anyhow, monkey sees 2-3 hours of downside intraday, followed by another attack on resistance at 237 on the daily chart, which seems likely to succeed this time; but, 296 is almost certain to hold, if it is even achievable before the run down to 180 which monkey expects on the weekly chart.

I'm not impressed.

meh. monkey isn't always right, but he does alright by me in the long run.  he's sleeping now.

[Cconvert2G36]

Handuken!
Allukan!

(delete this dear lord modship)

[bad trader]

It looks like we failed to breach this line for now. We could go lower, but I don't know how low.

Bitfinex:


OKCoin:

[ChartBuddy]

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[ChartBuddy]

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[ChartBuddy]

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[bittyfree]

Will bitcoin ever get up to 1000$ again?!

[ChartBuddy]

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[luckygenough56]

Will bitcoin ever get up to 1000$ again?!

i highly doubt it, i would be surprised if it reaches 500 again  

[noobtrader]

Will bitcoin ever get up to 1000$ again?!

bitcoin price reach 1000 usd again ?
surely, why not ?

if mass adoption happen, it can reach 52.000

[Feri22]

If I was Satoshi I would have unloaded all my shit @ 1000 USD.
Then I'd be Dan Bilzerian'ing it until my last day on earth.

If bitcoin collapses to 0 $/BTC, there will be thousands of furious bagholders screaming 'ponzi' and looking for someone to sue. Most early adopters who cashed out in time may be able to claim that they only believed the spiel and were just lucky.  The unlucky ones, and law enforcement, will go after the man who conceived and implemented the scam.  If he were to pocket hundreds of millions... Guess where that money would have come out of.  

And if Bitcoin will survive and go to 100 000 USD / BTC you will be remembered as one of the biggest jokes in history of BTC when you had years to get some cheap BTC and you miss it by writing bullshit instead of trying to use that time to help bitcoin grow and fix things which you believe could be wrong...From one site i really admire you r courage that you can be right and gain totally nothing or be wrong and miss to be one of the richest people in world

[ChartBuddy]

Coin
Explanation

[fonsie]

If I was Satoshi I would have unloaded all my shit @ 1000 USD.
Then I'd be Dan Bilzerian'ing it until my last day on earth.

If bitcoin collapses to 0 $/BTC, there will be thousands of furious bagholders screaming 'ponzi' and looking for someone to sue. Most early adopters who cashed out in time may be able to claim that they only believed the spiel and were just lucky.  The unlucky ones, and law enforcement, will go after the man who conceived and implemented the scam.  If he were to pocket hundreds of millions... Guess where that money would have come out of.  

And if Bitcoin will survive and go to 100 000 USD / BTC you will be remembered as one of the biggest jokes in history of BTC when you had years to get some cheap BTC and you miss it by writing bullshit instead of trying to use that time to help bitcoin grow and fix things which you believe could be wrong...From one site i really admire you r courage that you can be right and gain totally nothing or be wrong and miss to be one of the richest people in world

Jorge is the kind of person that when he sees a child fall face first on the ground, starts laughing as hard as he can. Shouting "I told you so". Instead of helping the child.
I see no value in those kind of people...but sadly we'll have to deal with it? But rest assured when he falls... People will laugh just as hard for justice being served.

There are always going to be selfish "know it all" people like Jorge going to be around. In the meantime it's best to just ignore his meaningless ramblings.

[LFC_Bitcoin]

**Sigh**

Just checked the price & see that we've had another mini dump.
I really am longing for some proper positive price action.