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

[Fiat_Hodler]

yay! bitcoin is climbing!

DO NOT GO FOMO IF THE PRICE RISES BY $5-20 AND THINK YOU WILL SEE $500 TODAY OR THAT YOU WILL MISS THE TRAIN. CHINA HAS STOPPED PUMPING SO BEFORE YOU PLACE YOUR BETS/LEVERAGE WAIT FOR THE MARKET TO SETTLE... YOU WILL NOT MISS THE TRAIN, AND THE SMALL RISES ARE CALLED BULL-TRAPS:

DEFINITION of 'Bull Trap' A false signal indicating that a declining trend in a stock or index has reversed and is heading upwards when, in fact, the security will continue to decline.

https://en.wikipedia.org/wiki/Bull_trap

[Mervyn_Pumpkinhead]

Well, at least trade volume is higher than ever.
edit: besides, honeybadger.

http://www.coindesk.com/honey-badger-tells-that-he-has-not-been-involved-with-bitcoin

The honey badger released a statement through his spokesperson today, that he isn't and hasn't been involved with the virtual currency Bitcoin.
He released the following statement:
"I am deeply worried that my good and trusted name has been dragged through mud with the infamous cryptocurrency. These lies are directly damaging my good reputation and should be stopped immediately!"
When asked if the honey badger is considering taking legal action against the majority of bitcoin holders, then the spokesperson replied:
"We hope that it won't come to this and Bitcoin holders will just sthap what they're doing".

[coinpr0n]

Kraken pushing daisies again and convenient timing as always. I love 'em but they've really not held up at all these days.

[marcus_of_augustus]

yay! bitcoin is climbing!

DO NOT GO FOMO IF THE PRICE RISES BY $5-20 AND THINK YOU WILL SEE $500 TODAY OR THAT YOU WILL MISS THE TRAIN. CHINA HAS STOPPED PUMPING SO BEFORE YOU PLACE YOUR BETS/LEVERAGE WAIT FOR THE MARKET TO SETTLE... YOU WILL NOT MISS THE TRAIN, AND THE SMALL RISES ARE CALLED BULL-TRAPS:

DEFINITION of 'Bull Trap' A false signal indicating that a declining trend in a stock or index has reversed and is heading upwards when, in fact, the security will continue to decline.

https://en.wikipedia.org/wiki/Bull_trap

sounds like you are in a permanent state of fiat beartrap of your own making.

[hdbuck]

[Feri22]

looks like the resistance holds up...looks very bullish atm...i think we will go up now

wow some of the posters here are seriously trying to delude others. Things do not look good, price does not look stable, yes it may go up but thats not because "things look good" if anything things look bad, really bad.... loads of people are in the red and want to get out, who exactly is going to buy ? the fake volume bot in china?

How much they pay you to write this 0 quality bullshit? If you are doing it for free, oh god you are such a fudding bullshiter...you will remain poor, but with time you will learn kid, all noobs like you did...and if not, well you will remain poor forever

[Fatman3001]

looks like the resistance holds up...looks very bullish atm...i think we will go up now

wow some of the posters here are seriously trying to delude others. Things do not look good, price does not look stable, yes it may go up but thats not because "things look good" if anything things look bad, really bad.... loads of people are in the red and want to get out, who exactly is going to buy ? the fake volume bot in china?

How much they pay you to write this 0 quality bullshit? If you are doing it for free, oh god you are such a fudding bullshiter...you will remain poor, but with time you will learn kid, all noobs like you did...and if not, well you will remain poor forever

Let's wait 'till he's proven wrong before we cut his head off.

Edit: Figure of speech. Forgot which forum I was posting in.

Edit 2: I need to see us blasting past $550 before I get giddy again.

[Mervyn_Pumpkinhead]

looks like the resistance holds up...looks very bullish atm...i think we will go up now

wow some of the posters here are seriously trying to delude others. Things do not look good, price does not look stable, yes it may go up but thats not because "things look good" if anything things look bad, really bad.... loads of people are in the red and want to get out, who exactly is going to buy ? the fake volume bot in china?

How much they pay you to write this 0 quality bullshit? If you are doing it for free, oh god you are such a fudding bullshiter...you will remain poor, but with time you will learn kid, all noobs like you did...and if not, well you will remain poor forever

Nice rant. People who see the current situation as unstable and don't see high chances for a rise must be poor and will remain poor. Seems legit.
It's always fun when bagholders are releasing tension through written nonsense.

[Fatman3001]

looks like the resistance holds up...looks very bullish atm...i think we will go up now

wow some of the posters here are seriously trying to delude others. Things do not look good, price does not look stable, yes it may go up but thats not because "things look good" if anything things look bad, really bad.... loads of people are in the red and want to get out, who exactly is going to buy ? the fake volume bot in china?

How much they pay you to write this 0 quality bullshit? If you are doing it for free, oh god you are such a fudding bullshiter...you will remain poor, but with time you will learn kid, all noobs like you did...and if not, well you will remain poor forever

Nice rant. People who see the current situation as unstable and don't see high chances for a rise must be poor and will remain poor. Seems legit.
It's always fun when bagholders are releasing tension through written nonsense.

And people who haven't had the pleasure of reading your posts pre-pump might think you were talking sense. Lots of variables.

[marcus_of_augustus]

looks like the resistance holds up...looks very bullish atm...i think we will go up now

wow some of the posters here are seriously trying to delude others. Things do not look good, price does not look stable, yes it may go up but thats not because "things look good" if anything things look bad, really bad.... loads of people are in the red and want to get out, who exactly is going to buy ? the fake volume bot in china?

How much they pay you to write this 0 quality bullshit? If you are doing it for free, oh god you are such a fudding bullshiter...you will remain poor, but with time you will learn kid, all noobs like you did...and if not, well you will remain poor forever

Nice rant. People who see the current situation as unstable and don't see high chances for a rise must be poor and will remain poor. Seems legit.
It's always fun when bagholders are releasing tension through written nonsense.

... halfwits like you sniping around for a few pennies when the Jamie Dimons of the world are shitting themselves over an existential threat to their hegemonic powers are just pitiful nothings in the big scheme. A poor lost soul if there ever was one.

[ghandi]

Kraken pushing daisies again and convenient timing as always. I love 'em but they've really not held up at all these days.

Kraken has been extremely weak during this bull run

[Mervyn_Pumpkinhead]

And people who haven't had the pleasure of reading your posts pre-pump might think you were talking sense. Lots of variables.

Yeah, it made absolutely no sense to sell my bitcoins with the price over 1000$ and not buying back because haven't seen much potential throughout the past 2 years. My words only started to make sense when I saw the chance to win some more with the help of Willy2.0. I think that ones words only "make sense" here if they are currently comforting the bagholders.

[Hunyadi]

[Mervyn_Pumpkinhead]

... halfwits like you sniping around for a few pennies when the Jamie Dimons of the world are shitting themselves over an existential threat to their hegemonic powers are just pitiful nothings in the big scheme. A poor lost soul if there ever was one.

You, sir, are a pig with no sense of timing. So eager to earn, but also inadequate to play the game.

[ynef]

“We find robust evidence that computer programming enthusiasts and illegal activity drive interest in bitcoin, and find limited or no support for political and investment motives.”

http://www.coindesk.com/google-search-study-hints-shady-truth-bitcoin-users/

[marcus_of_augustus]

... halfwits like you sniping around for a few pennies when the Jamie Dimons of the world are shitting themselves over an existential threat to their hegemonic powers are just pitiful nothings in the big scheme. A poor lost soul if there ever was one.

You, sir, are a pig with no sense of timing. So eager to earn, but also too inadequate play the game.

... slow and late to the party were we?

[ChartBuddy]

Coin

Explanation

[saekki]

“We find robust evidence that computer programming enthusiasts and illegal activity drive interest in bitcoin, and find limited or no support for political and investment motives.”

http://www.coindesk.com/google-search-study-hints-shady-truth-bitcoin-users/

"The researchers collected Google Trends search query data from January 2011 to July 2013"

[Unacceptable]

“We find robust evidence that computer programming enthusiasts and illegal activity drive interest in bitcoin, and find limited or no support for political and investment motives.”

http://www.coindesk.com/google-search-study-hints-shady-truth-bitcoin-users/

"The researchers collected Google Trends search query data from January 2011 to July 2013"

LMAO,a little bit of old data 

[Mervyn_Pumpkinhead]

... slow and late to the party were we?

Before I lost interest towards BTC in 2013Dec, I had made around +2000%. The past two years I have made around +250% by mostly trading alts. With this pump alone, I made +43,2% with the help of some alts that are strongly tied to BTC value. Now I'm out of BTC dependent alts until Willy pops it's head out again.
I could of made more when I would have been one of those 1$ early adopters, but well, I'm not one of those guys who buys drugs or trades childporn through darkweb, so, I'm not exactly surprised that I didn't notice BTC back then. And I'm not especially sad about it also, because trading crypto isn't a job to be taken seriously, but just a fun form of entertainment, like going to the casino. Luckily the chances are better then in a casino, because the house is quite predictable. Little greedy pigs like you increase the entertainment value of this game a lot also.