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Question: How far will this leg take us?
$110K - 9 (8.3%)
$120K - 19 (17.6%)
$130K - 17 (15.7%)
$140K - 9 (8.3%)
$150K - 19 (17.6%)
$160K - 2 (1.9%)
$170K+ - 33 (30.6%)
Total Voters: 108

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26966928 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 1 users with 9 merit deleted.)
eerygarden
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July 27, 2015, 11:18:01 PM

Why does everybody here become Nerdchills just because the Bitcoin price changed today +1.6% ?

Euro/Usd rallied today as well by 1.35%.. But in Forex you have the opportunity to trade with up to 200x leverage... Which makes a 1% move 200% gains...

The sad thing is you can't really trade Bitcoin with 20x leverage because the liquidity is so shity.

Aye, but no doubt the opposite is true also, incurring losses.

Most of us don't know shit. That's an educated guess btw.
inca
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July 27, 2015, 11:21:00 PM

I think I worked out the bear game plan:

1. Short at 298 on finex - the price is going to double digits, right?
2. Price continues to rise
3. Huh
4. Profit!

Give up guys.
bassclef
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July 27, 2015, 11:25:38 PM

Why does everybody here become Nerdchills just because the Bitcoin price changed today +1.6% ?

Euro/Usd rallied today as well by 1.35%.. But in Forex you have the opportunity to trade with up to 200x leverage... Which makes a 1% move 200% gains...

The sad thing is you can't really trade Bitcoin with 20x leverage because the liquidity is so shity.

You were here this morning educating us on how Bitcoin cannot move up. Now you wonder why it's going up.

Good luck with those CFDs and 200x leverage.
brg444
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July 27, 2015, 11:26:21 PM

Wall observer economists (but in particular in reminds me of ponzielita):



very original
GaliX
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July 27, 2015, 11:27:23 PM

Why does everybody here become Nerdchills just because the Bitcoin price changed today +1.6% ?

Euro/Usd rallied today as well by 1.35%.. But in Forex you have the opportunity to trade with up to 200x leverage... Which makes a 1% move 200% gains...

The sad thing is you can't really trade Bitcoin with 20x leverage because the liquidity is so shity.

You were here this morning educating us on how Bitcoin cannot move up. Now you wonder why it's going up.

Good luck with those CFDs and 200x leverage.


lol I wouldn't call a 1.6% going really up at Bitcoin....

Dump3er
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July 27, 2015, 11:27:51 PM

I think I worked out the bear game plan:

1. Short at 298 on finex - the price is going to double digits, right?
2. Price continues to rise
3. Huh
4. Profit!

Give up guys.


Bears are onboard. The only difference and problem of you and the Bears was that they didn't want to buy at ~800. So now let's see how high the price will go...

...after topping out you can blame the regarded bears again.
inca
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July 27, 2015, 11:39:53 PM

Why does everybody here become Nerdchills just because the Bitcoin price changed today +1.6% ?

Euro/Usd rallied today as well by 1.35%.. But in Forex you have the opportunity to trade with up to 200x leverage... Which makes a 1% move 200% gains...

The sad thing is you can't really trade Bitcoin with 20x leverage because the liquidity is so shity.

You were here this morning educating us on how Bitcoin cannot move up. Now you wonder why it's going up.

Good luck with those CFDs and 200x leverage.


lol I wouldn't call a 1.6% going really up at Bitcoin....



I hate to break it to you but you aren't fooling anyone on here with your forex l33t trading chat. Most of the bulls on here have been round the block a few times.
GaliX
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July 27, 2015, 11:45:05 PM

Why does everybody here become Nerdchills just because the Bitcoin price changed today +1.6% ?

Euro/Usd rallied today as well by 1.35%.. But in Forex you have the opportunity to trade with up to 200x leverage... Which makes a 1% move 200% gains...

The sad thing is you can't really trade Bitcoin with 20x leverage because the liquidity is so shity.

You were here this morning educating us on how Bitcoin cannot move up. Now you wonder why it's going up.

Good luck with those CFDs and 200x leverage.


lol I wouldn't call a 1.6% going really up at Bitcoin....



I hate to break it to you but you aren't fooling anyone on here with your forex l33t trading chat. Most of the bulls on here have been round the block a few times.

Well Forex is a different kind of trading compared to bitcoin... I am not saying it's better or worse or anything... It's different on many ways

Bitcoin is more like trading stocks in the end... You hodl and you sell at some point... There is rarely real intraday action you have to pay real attention to in the end.. Bitcoin is currently at the same stage you just hodl your long position until the market stops looking bullish
scott btc
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July 27, 2015, 11:52:16 PM

bassclef
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July 28, 2015, 12:01:37 AM

Price looks ready to move out of the trading range. Phase A selling climax and automatic reaction scared most of the weak hands from the market. Phase B provided good opportunities to collect in the lower $200s and sell the high $200s. Phase C testing was unable to break support below $220, a clear indication of no supply. Phase D is a reaction to phase C--a clean, strong rally with very little selling. Phase E is the markup, yet to be seen.

Last points of supply to build long positions were $220 and $275.  Medium term point & figure target $400-$500.

Exhibit A


Exhibit B


Any time range for phase E bassclef ?

Wyckoff trading ranges tell a story of gradually changing supply and demand forces, from the selling climax where supply has overwhelmed the market, to the testing in phase C where supply has been successfully absorbed by the informed interests and demand begins to take control. They can only predict a general timeframe of what is probable.

We may zoom right past $315 in the next few days or bounce around below it awhile longer before building the needed energy to push over. If the second scenario happens bears may conspire for one final push down, which won't likely get very far. Either way the needed energy will be found by bulls aggressively buying any corrective dips or everyone fomo buying as it drifts up past $300 with no significant selling pressure.

You either need to have brass balls or be fresh out of the Babypips School for Retail Traders to short this. The probable direction is clear.
ChartBuddy
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July 28, 2015, 12:02:19 AM

Coin
Explanation
Dump3er
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July 28, 2015, 12:05:19 AM

Bitcoin is currently at the same stage you just hodl your long position until the market stops looking bullish

For a permabull the market always looks bullish.

Only trolls can't see that the whole crash from ~1200 to ~160 is nothing more than a bull flag!  Cheesy
GaliX
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July 28, 2015, 12:09:51 AM

Bitcoin is currently at the same stage you just hodl your long position until the market stops looking bullish

For a permabull the market always looks bullish.

Only trolls can't see that the whole crash from ~1200 to ~160 is nothing more than a bull flag!  Cheesy

if you just look at the chart BTC is currently for the first time really in a bullish phase...

The problem is there is nothing fundamental backing this Bull-trend up like Interest rate decision etc. pp.
brg444
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July 28, 2015, 12:14:05 AM

Bitcoin is currently at the same stage you just hodl your long position until the market stops looking bullish

For a permabull the market always looks bullish.

Only trolls can't see that the whole crash from ~1200 to ~160 is nothing more than a bull flag!  Cheesy

if you just look at the chart BTC is currently for the first time really in a bullish phase...

The problem is there is nothing fundamental backing this Bull-trend up like Interest rate decision etc. pp.

 Roll Eyes

You trolls really need to try harder.
Dump3er
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July 28, 2015, 12:18:39 AM

Bitcoin is currently at the same stage you just hodl your long position until the market stops looking bullish

For a permabull the market always looks bullish.

Only trolls can't see that the whole crash from ~1200 to ~160 is nothing more than a bull flag!  Cheesy

if you just look at the chart BTC is currently for the first time really in a bullish phase...

The problem is there is nothing fundamental backing this Bull-trend up like Interest rate decision etc. pp.

I don't give a fuck about fundamentals. It's all build upon speculation. Fundamentals only effect the very, very long term - the mayor direction.
This thing could (theoretically) go up to a few thousands without any change of the fundamentals and even bad news at the same time, no problem from my view. I'm a chartist in first place, not an economist.
ejinte
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July 28, 2015, 12:25:10 AM

I think I worked out the bear game plan:

1. Short at 298 on finex - the price is going to double digits, right?
2. Price continues to rise
3. Huh
4. Profit!

Give up guys.


/broken record.
Dump3er
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July 28, 2015, 12:25:27 AM

Bitcoin is currently at the same stage you just hodl your long position until the market stops looking bullish

For a permabull the market always looks bullish.

Only trolls can't see that the whole crash from ~1200 to ~160 is nothing more than a bull flag!  Cheesy

if you just look at the chart BTC is currently for the first time really in a bullish phase...

The problem is there is nothing fundamental backing this Bull-trend up like Interest rate decision etc. pp.

 Roll Eyes

You trolls really need to try harder.

Why you call him a troll? Where did he troll? Since he doubts that the rise in price is supported by the fundamentals he's a troll?!

You are what I call a typical bulltard (a troll that does not even know that he's a troll)
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July 28, 2015, 12:27:19 AM

$300 dollar bitcoins, incoming, yawn. Wake me up when we're over $330.
GaliX
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July 28, 2015, 12:32:47 AM

I just listened to an interesting Interview with James Altucher who made multiple times Millions and lost them all over again and made Millions again... Interesting guy in the end..

They also talked about bitcoin at some point ... he was more skeptical about bitcoin in the end... The last real thing people heard about bitcoin is still the Silkroad and the massiv bubble btc was in...

Here link to the interview where he talks about bitcoin:

https://youtu.be/t4AorWCbChA?t=34m22s
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July 28, 2015, 12:32:55 AM

Bitcoin is currently at the same stage you just hodl your long position until the market stops looking bullish

For a permabull the market always looks bullish.

Only trolls can't see that the whole crash from ~1200 to ~160 is nothing more than a bull flag!  Cheesy

if you just look at the chart BTC is currently for the first time really in a bullish phase...

The problem is there is nothing fundamental backing this Bull-trend up like Interest rate decision etc. pp.

As if any fiat currency is backing shit up in forex. lol.
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