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

[BlindMayorBitcorn]

Isn't calling Lightning like solutions not Bitcoin kind of a stretch?

Isn't calling Lightning like solutions Bitcoin kind of a stretch?

Yes, I guess it is. IDK. Hey what's this?

[dloghwak]

Sub 20mil$ in longs on Bitfinex! Yet we continue to go up and there is really a lot of money on Bitfinex waiting to get used for longs  I guess maybe a push to 400$ is in.

Probably because Bitcoin is currently safer than leaving your money in a bank.  Instead of negative interest rates, you'll probably gain 50% or more off current price from halving.

I guess most of us agree that Bitcoin has a lot of potential, but this kind of delusional shit is just hilarious.

[bButtercup]

Some heroes behave like a little princess?

I am watching houbi and i would like to see BTC stabilizing shorttime before going up or down again.

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[BlindMayorBitcorn]

Sub 20mil$ in longs on Bitfinex! Yet we continue to go up and there is really a lot of money on Bitfinex waiting to get used for longs   I guess maybe a push to 400$ is in.

Probably because Bitcoin is currently safer than leaving your money in a bank.  Instead of negative interest rates, you'll probably gain 50% or more off current price from halving.

I guess most of us agree that Bitcoin has a lot of potential, but this kind of delusional shit is just hilarious.

He meant safer than leaving your money on a bank.



It's a common mistake.

[MatTheCat]

Tired of looking at crappy line drawing that shows absolutely nothing, so here's what I see as the best altcoin trader in the universe.  So in other words, a trading range of 360 - 415.  Take the bottom of 360, add it to the top resistance point of 415, divide it by two = average of 387.5, exactly where the price is.



Called the 415 before it went there while it was at 370 or so in the 2nd wave blowoff too:

Will test $415 next

Called the $415 as a point of resistance, and then the $395....which will be breached.

With 4 hr MACD coming around, and striking negative divergence on the 4hr charts, expect the 61.8% retracement from the $505 - $350 correction (so about $450) to be tested over the coming days....tested and breached? Probably not on the first attempt.

I forsee a very large bull flag forming, with huge trading ranges between the peaks and the troughs already having demonstrated themselves.

[hdbuck]

Sub 20mil$ in longs on Bitfinex! Yet we continue to go up and there is really a lot of money on Bitfinex waiting to get used for longs   I guess maybe a push to 400$ is in.

Probably because Bitcoin is currently safer than leaving your money in a bank.  Instead of negative interest rates, you'll probably gain 50% or more off current price from halving.

I guess most of us agree that Bitcoin has a lot of potential, but this kind of delusional shit is just hilarious.

He meant safer than leaving your money on a bank.



It's a common mistake.

you trolls are a shame to bitcoin community.

[rtrtcrypto]

My analysis is much simpler:

1)

If MMM is a huge part of this recent rally = DOWN
If MMM is not a huge part of this rally = UP

2)

If block sized limit solved in DEC = WAY UP
If not = DOWN

1+2 go positive = short term MOON SHOT

if both negative = DOWN

Tracking the price of this sized market from charts and trying to read/fortune tell upcoming moves = waste of time.

[Gyrsur]

http://downforeveryoneorjustme.com/okcoin.com

[ssmc2]

Tired of looking at crappy line drawing that shows absolutely nothing, so here's what I see as the best altcoin trader in the universe.  So in other words, a trading range of 360 - 415.  Take the bottom of 360, add it to the top resistance point of 415, divide it by two = average of 387.5, exactly where the price is.



Called the 415 before it went there while it was at 370 or so in the 2nd wave blowoff too:

Will test $415 next

What's your next call?

[Hyperjacked]

Kind of off-putting to see all these senior members of the Bitcoin community telling people who care about Bitcoin to not have an opinion.
.

Not that I'm clever enough to backtrack and read the whole quote, but that particular sentence was encouraging folks to be proactive, or maybe I'm just feeling positive this morning.

Ultimately the present crop of characters who are gazing down upon us and casting their proclamations like rolling thunder bellowing from the heavens need to become historical landmarks but totally irrelevant in present life just like Laszlo the pizza guy.  

How many people know who the Android developers are or what future developments are on the table? How many visit Android forums? A decent amount surely but hundreds of millions get on with their lives without the idea ever crossing their minds. That's what Bitcoin needs too.

And most of those who are sneering have just been sat on their arse posting here a bit longer than those they're sneering at. Never forget, young padowan, that in some cases they've been sat on their arse posting for up to 2-3 years longer than you. Tremble at the greatness walking among us.

~~~***~~~ Legendary User Seal of Approval ~~~***~~~

*roll of thunder*

Full member shot out for your well thought out posts and gifs!

Some of the greatest minds have yet to post on on bitcointalk...

I'm sure wall observer will draw them in at some point and we will have a new round of Anon newbie hero members!

Cheers

[ChartBuddy]

Coin

Explanation

[natewelt]

Not sure if anyone is watching, but if Bitstamp hits 397 today then that will be a higher high than yesterday although 400 would be a much better number to cross. It is also looking like we are going to see a higher low so both bullish.

What we may be witnessing here is a pullback rather than what many speculate to be another popped bubble.

I haven't sold a single satoshi and am not sad that I ignored tarmi when he said 265 was the top and also not sad that I bought a shit ton in the 220s.

[yolalanda]

Sub 20mil$ in longs on Bitfinex! Yet we continue to go up and there is really a lot of money on Bitfinex waiting to get used for longs   I guess maybe a push to 400$ is in.

Probably because Bitcoin is currently safer than leaving your money in a bank.  Instead of negative interest rates, you'll probably gain 50% or more off current price from halving.

I guess most of us agree that Bitcoin has a lot of potential, but this kind of delusional shit is just hilarious.

He meant safer than leaving your money on a bank.

https://upload.wikimedia.org/wikipedia/commons/9/90/Type_locality_of_Glyphidrilus_chaophraya_on_a_river_bank_of_Chaophraya_River,_Payuhakiri,_Nakhonsawan,_Thailand_-_ZooKeys-265-001-g023-A.jpeg

It's a common mistake.

Maybe he meant in a Bitcoin bank.

http://s8.postimg.org/nbm437op1/Capture.jpg

[ynef]

Sooner or later we will test $454 again (btc-e)

[r0ach]

Tired of looking at crappy line drawing that shows absolutely nothing, so here's what I see as the best altcoin trader in the universe.  So in other words, a trading range of 360 - 415.  Take the bottom of 360, add it to the top resistance point of 415, divide it by two = average of 387.5, exactly where the price is.



Called the 415 before it went there while it was at 370 or so in the 2nd wave blowoff too:

Will test $415 next

What's your next call?

Fundamentals always take precedent over short term TA, so conservatively, a gradual uptrend to $600 or higher by August 2016 with next leg up of support probably being $420 unless some whales decide to go wild to spike the market.  As OTC supply runs out, whales have to hit the exchange so all TA can instantly be thrown out the window as price goes parabolic again.  It could always be some astronomical number by that point too but you gotta invest with conservative estimates and hope for the best.

When 70% has already been mined, it can really go exponential at any moment and I would not want to be holding 0:  

https://bitcointalk.org/index.php?topic=1235466.0

Could happen before or after next halving but we'll see another parabolic and it will come without warning just like this last one that occurred.  Whales start making whale sounds and other whales come to investigate.

[garrytaylor1]

The next big crash is coming.

[goldsun]

Can someone just tell me where will we possible head? Up or down? Based on analysies and some speculations 

[natewelt]

Can someone just tell me where will we possible head? Up or down? Based on analysies and some speculations 

https://bitcointalk.org/index.php?topic=1239035.0


I am leaning towards the blue, but if we breakout above 400 then we might see another substantial run.

[ynef]

Can someone just tell me where will we possible head? Up or down? Based on analysies and some speculations 

The support is holding us above levels last seen in Dec 2014. We've never been so high before in the entire year of 2015 and we have tested the support and are now slowly making higher highs.

The downward movement a couple of days ago was due to climbing too high too fast and people were panicking because everyone kept saying we will reach the moon, but we didn't so people got scared and sold the shit out of it, but we are now gradually moving higher and coming out of this correction.

Although you can argue that we are currently correcting a huge downward trend on a yearly scale, I really doubt this is the case because there have been just too many positive news coming out regarding Bitcoin. (gemini, nyse, constant news about the rally, the halving etc.)

I personally see no way to go but up and the guys who keep telling you we're through and it's the end are most likely desperate and trying to lower the price so they can get in early because they missed out or even lost a lot in the panic.

If you happen to have a decent amount of coins I wouldn't recommend selling them right now. As for opening a long position, still not sure in the short term.

[adamstgBit]

Can someone just tell me where will we possible head? Up or down? Based on analysies and some speculations 

https://bitcointalk.org/index.php?topic=1239035.0


I am leaning towards the blue, but if we breakout above 400 then we might see another substantial run.

that would put in a spectacular double top.

I think we'll be trading in the 300's for a long time, and seeing how we are at 390 there a lot of room to go down at this point.