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

[ChartBuddy]

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Explanation

[dakota neat]

aaaahhh. will short all the way down to 190. feels good to watch the true believers eating cock.

[H1N1]

aaaahhh. will short all the way down to 190. feels good to watch the true believers eating cock.

You want to watch someone do what now?

[Ayle56]

Last bears are becoming bullish 

Holy crap, even DanV is posting bullish charts? I don't believe my eyes. Isn't he one of the ones that thought we were going down to double-digits not long ago?

I wouldn't say he's either bearish or bullish at the moment, he's hedging his bets. There are recent quotes of his shown below that show his latest prediction is that we might go up, or we might go down. The final quote shows his last prediction was wrong, and IMO he's got it wrong so often he's now making such vague guesses that they have to work out. Anyone can predict that we might go up, or we might go down and get it right.

https://www.whaleclub.co/posts/u/DanV

3 possibilities, till we are able to discount some....

Unless we breakout above 310 the bearish case could still be in action....

The triangle I suggested in the last published chart failed to form.....

[inca]

aaaahhh. will short all the way down to 190. feels good to watch the true believers eating cock.

I relented for a while but it's time for you go in the ignore box.

[Torque]

That's probably what the dinosaurs said about that  comet in the sky.

I ain't being bearish, just realistic. I don't see how anything with a 4 billion dollar or so market cap can be considered any type of player in world finance or truly reactive to events. It might be a sentiment indicator but even that's debatable considering how warped this market is.

If it was 100x bigger then we might be talking.

+1000, you totally nailed it gentlemand.  It's the reason why the U.S. banking industry scoffs right now at Bitcoin, as the banks do more $$ volume in a 5 min period than bitcoin does in a full 24 hrs.

We have SOOOOOOO far to go, and even at 100x, bitcoin would still be an ant-sized market.

[billyjoeallen]

I've figured out how to trade a random walk. You spread out your bids and asks on either side of the spot price. Every time an ask is bought, you move up your bottom bid one notch on top of your top bid. Every time a bid is bought, move down your top ask one notch below your bottom ask. if the market blows completely through your trading range, start walking your bids up or your asks down until you're back in the game.  

The money is made on the round trip. You can't book a profit until you sold back what you have bought or bought back what you sold.

If your'e bearish, buy back at a slightly lower price than you sold. If you're bullish, buy back slightly higher or slightly moar. Either way, we can fleece the manipulators at minimal risk. Just don't use more than 2X margin or you might get squeezed.

[ChartBuddy]

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Explanation

[ImI]

aaaahhh. will short all the way down to 190. feels good to watch the true believers eating cock.

I relented for a while but it's time for you go in the ignore box.

watching his post history its just 99% bullshit. poor soul seems to believe he can move the market by writing "sell now!" or "bear market is over. get in!"

[aztecminer]

I've figured out how to trade a random walk. You spread out your bids and asks on either side of the spot price. Every time an ask is bought, you move up your bottom bid one notch on top of your top bid. Every time a bid is bought, move down your top ask one notch below your bottom ask. if the market blows completely through your trading range, start walking your bids up or your asks down until you're back in the game.  

The money is made on the round trip. You can't book a profit until you sold back what you have bought or bought back what you sold.

If your'e bearish, buy back at a slightly lower price than you sold. If you're bullish, buy back slightly higher or slightly moar. Either way, we can fleece the manipulators at minimal risk. Just don't use more than 2X margin or you might get squeezed.

yo billyjoe.. you should know by now the intrinsic crash is about to happen.

[nioc]

That's probably what the dinosaurs said about that  comet in the sky.

I ain't being bearish, just realistic. I don't see how anything with a 4 billion dollar or so market cap can be considered any type of player in world finance or truly reactive to events. It might be a sentiment indicator but even that's debatable considering how warped this market is.

If it was 100x bigger then we might be talking.

+1000, you totally nailed it gentlemand.  It's the reason why the U.S. banking industry scoffs right now at Bitcoin, as the banks do more $$ volume in a 5 min period than bitcoin does in a full 24 hrs.

We have SOOOOOOO far to go, and even at 100x, bitcoin would still be an ant-sized market.

So Adam's $32,000/Btc is ant sized

[ChartBuddy]

Coin
Explanation

[billyjoeallen]

I've figured out how to trade a random walk. You spread out your bids and asks on either side of the spot price. Every time an ask is bought, you move up your bottom bid one notch on top of your top bid. Every time a bid is bought, move down your top ask one notch below your bottom ask. if the market blows completely through your trading range, start walking your bids up or your asks down until you're back in the game.  

The money is made on the round trip. You can't book a profit until you sold back what you have bought or bought back what you sold.

If your'e bearish, buy back at a slightly lower price than you sold. If you're bullish, buy back slightly higher or slightly moar. Either way, we can fleece the manipulators at minimal risk. Just don't use more than 2X margin or you might get squeezed.

yo billyjoe.. you should know by now the intrinsic crash is about to happen.

Then there will be MOAR COINZ FOR ME!!

[ssmc2]

Hourly pennant breakout coming up?

[podyx]

Hourly pennant breakout coming up?

If we break thru 280 maybe

[ssmc2]

Hourly pennant breakout coming up?

If we break thru 280 maybe

Hopefully with some volume

[ChartBuddy]

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Explanation

[JimboToronto]

Good morning Bitcoinland.

Still in the $270s I see. Hopefully this little correction is done and we can continue on our way back up.

Let's get this back over $280 before some annoying troll/sock starts posting Wile E. Coyote GIFs.

[Sm00kew]

Anyone else having problems with placing and canceling orders on bitfinex? 

[ChartBuddy]

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Explanation