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

[JayJuanGee]

Feeling like it's gonna hit $600 long before the halving comes now.  Also starting to feel like a banking crash worse than 2008 might happen before we even get to the halving in eight or so months.  The new world order = a simultaneous Comex run and some 10-20x+ Bitcoin bubble turning the world financial system upside down occuring at the same time.

If every single Bitcoin was already mined, and every millionaire on earth invested only 1% of their money in Bitcoin, price would be $8000 per coin, but that assumes market cap is fully backed with liquidity, so the real price would be way higher.  This does not include governments, banks, hedge funds, people with less than a $1 million investing, etc, just millionaires investing only 1% :

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

The extremely low ball price for next 2008 crash will probably be something monsterous like $10,000+ a coin because it can easily go to $3000+ in the next year or two without even having another 2008 crash:

https://bitcointalk.org/index.php?topic=1243623.0

When every single day you wake up having the odds of another 2008 crash being here any second, you have to be literally stupid to not own any Bitcoin or to go full fiat.

The Roach is quite the self promoter!!!!!!         Good threads.   

[Tzupy]

Warning: I bought back at $402, probable crash incoming because my luck is usually terrible.

Sweet! Wished I could have caught 402.

Gotta set your buys before the price goes there, Pretty damn hard to catch falling knives.

You got that right. I'm up so I'm not complaining. I'm normally 2 bucks under the lows and miss em.

You are not the only one...

[ChartBuddy]

Coin



Explanation

[Spaceman_Spiff]

Warning: I bought back at $402, probable crash incoming because my luck is usually terrible.

Sweet! Wished I could have caught 402.

Gotta set your buys before the price goes there, Pretty damn hard to catch falling knives.

You got that right. I'm up so I'm not complaining. I'm normally 2 bucks under the lows and miss em.

You are not the only one...

I had a small buy order around 404.5 .....




.... but on Finex  

[peonminer]

Sorry bears, close those shorts while you still can make a few bucks. We should bounce around here for a few hours until the pump resumes.

[JayJuanGee]

I placed my order around 320.

So what?   What's the purpose of informing us about your pie in the sky expectations and non-specific outline of a plan?

[chesthing]

Warning: I bought back at $402, probable crash incoming because my luck is usually terrible.

Sweet! Wished I could have caught 402.

Gotta set your buys before the price goes there, Pretty damn hard to catch falling knives.

You got that right. I'm up so I'm not complaining. I'm normally 2 bucks under the lows and miss em.

You are not the only one...

I figured it would touch $400 again, $402 seemed a safe bet. I got lucky (for once).

[peonminer]

I placed my order around 320.

So what?   What's the purpose of informing us about your pie in the sky expectations and non-specific outline of a plan?

JayJuanGee be like

[DefendKebab]

I had a small buy order around 404.5 .....





.... but on Finex  

Have some patience, order will get filled.

[JayJuanGee]

On BFX, it's almost as if someone pumped ~$5,000,000 to $10,000,000, just to gain a quick 5% and then dumped again. 

A successful P&D like that is likely to be repeated, but the question  is will it be for a higher buy in price, lower, or the same? 

I think it's likely that it was for considerably more money and performed on multiple exchanges simultaneously.  or it could just be the sum of many players acting independently. It's fun to think about.

Well, since you were threatening to do this with your 6 figures of bitcorns, I'd say you are a likely suspect.

Instead of a suspect,  BjA is acting the goofball with his inflammatory and emotionally laden prognosticating.

[podyx]

I placed my order around 320.

[chesthing]

I had a small buy order around 404.5 .....





.... but on Finex  

Have some patience, order will get filled.

Yeah, but how high will it go before that happens?

[noobtrader]

I had a small buy order around 404.5 .....





.... but on Finex  

Have some patience, order will get filled.

i think you need a backup plan. maybe buy @450 ?

[koryu]

Another up would be crazy. I prefer consolidation here. Let the 4h rsi cool down. Then restart the engine.

[tupelo]

I was honestly surprised that the alleged identification of 'Satoshi' did not cause a significant price drop

[ChartBuddy]

Coin



Explanation

[WeltMaster]

post music that gets you HYPE for bitcoin taking over the world

https://www.youtube.com/watch?v=VoaUYcwEpSw

[billyjoeallen]

Zerohedge has an article on the "stealth devaluation" of the Renmimbi. Reportedly at its lowest value since 2011. It might have something to do with the China pump. I don't see what makes an extremely volatile inflation hedge so attractive, but hey, I don't know what their other options are.

[Fatman3001]

post music that gets you HYPE for bitcoin taking over the world

https://www.youtube.com/watch?v=VoaUYcwEpSw

https://www.youtube.com/watch?v=24DYL83cq54

Ehhh.... I meant:

https://www.youtube.com/watch?v=Rr8ljRgcJNM

[soullyG]

@Richy_T ChartBuddy's halvening countdown is busted again