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

[Mayer Amschel]

after the 300 double top we can finally go sub 200

Im pretty damn sure you are right, sir.

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[ErisDiscordia]

Is that a textbook cup and handle formation on the 1d chart or what? 

[madmat]

after the 300 double top we can finally go sub 200

Im pretty damn sure you are right, sir.

Stop talking, you are dead!

[Mayer Amschel]

after the 300 double top we can finally go sub 200

Im pretty damn sure you are right, sir.

Stop talking, you are dead!

Hey, ce va?

calm your longs bro, stop getting burnt.

[ChartBuddy]

Coin
Explanation

[inca]

after the 300 double top we can finally go sub 200

Im pretty damn sure you are right, sir.

Stop talking, you are dead!

Hey, ce va?

calm your longs bro, stop getting burnt.

You seem very excitable considering the price has moved sideways since the drop back from 300

[ChartBuddy]

Coin
Explanation

[Norway]

Going on a sailboat holliday for 20 days now. Happy trading, guys! 

[Mayer Amschel]

hahah priceless 

[inca]

Going on a sailboat holliday for 20 days now. Happy trading, guys! 

What kind of yacht norway?

[Fatman3001]

hahah priceless 

Well, the punchline turned out to be in italian. The shame...

[lorylore]

This is a pretty pathetic attempt to crash the price on Greek bailout news.  That's was already priced in when we crashed from $308.

The creash i dont know what is happening or what is triggering it to push and get back to the low amount.

[madmat]

Hey, ce va?

Ca gaze, et toi, ça pète ?

[sana54210]

Is that a textbook cup and handle formation on the 1d chart or what? 

What would be the deepest retrace on the handle?

[ChartBuddy]

Coin
Explanation

[findftp]

It appears that there is always some issue when btc starts a bull run. This time we have the blockchain spam issue which seems to be causing a lot of grief. This cannot be a co-incidence that bitcoin always runs into issues just when it is about to break into a bull run. I am sure there is someone or some organisation and govt. agencies who are behind these spam attacks and every other attack that has happened to BTC ever since it came out. This just goes to show that they are bothered by the rise of crypto and will try anything to kill crypto in nascent stages. BTC has shown its resilience to these attaks so far, but how long can it hold out is the question.

*tinfoil hat on*

bitcoin and crypto represents a distinct threat to the global nwo police state corporate fascism military industrial complex whatever you want to call it. i think many of us here understand this on some level. btc and other crypto is basically money that (we think?) did not come from governments/banks and they cannot easily control or contain. perhaps most fundamentally we the powerless are not supposed to be able to evade and escape from governments/banks or even dare think to do so. the best that can be done is to expend resources financial, technical, media, political, legal to attempt to hold it back long enough that it can either be consumed and controlled by the state/bank power structures or that it is defeated on a technical level or that it implodes upon itself in financial terms ie extreme loss of value and major loss of users and merchants. if btc reaches (it probably hasn't yet) a critical mass of growth in adoption it could upend and decimate other stores of wealth specifically government backed fiat currencies. i could see a hypothetical global cryptographic backed democratic direct government of some sort being adopted, in concert with the rise of cryptocurrency and decimation of existing fiat wealth, and governments may fall, perhaps to be replaced by some type of resource management system governed by the will of all citizens of earth. whether this would instigate global war and force all countries to adopt dictatorial regimes, lead to complete anarchy and breakdown of society, or herald a new era of human freedom and global peace is the question.

or it could just be intentional manipulation/interference with the btc system by tech savvy whales for solely greed based reasons.

Hear hear. +1
Nice tile newbie

[mrkavasaki]

thinking of leaving bitcoin, i think there is more money to make it in the stock market

[Moria843]

Do both

[Omikifuse]

thinking of leaving bitcoin, i think there is more money to make it in the stock market

Indeed, the chinese stock market was very lucrative in the last months.    

[Elwar]

thinking of leaving bitcoin, i think there is more money to make it in the stock market