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

[goldsun]

Are we going to go up from this, to 450? OR will we fall back?

Would be nice if we would go back a little bit to get a more stable correction around the holidays.

[becoin]

i feel is waaaay to risky to buy bitcoins at 400+ in an economic environment that is worsening each day

?...
Risky economic environment is excellent for bitcoin!

[glendall]

Things are lookin up.

[TERA]

i feel is waaaay to risky to buy bitcoins at 400+ in an economic environment that is worsening each day

?...
Risky economic environment is excellent for bitcoin!

Not necessarily.  If people start having less money due to a decreased ability to borrow and leverage,  or otherwise,  then they won't have as much speculative money to support the price.

[ChartBuddy]

Coin



Explanation

[JimboToronto]

Things are lookin up.

Things look sideways to me.

[Divitiae miserae]

I remember you crying about about your short position 6-7 hours before the crash. I remember how you where thinking to close your short. I remember how you where desperately asking for advice. I remember how you got arrogant when it crashed and how you where right. You have had this additud ever since.
I must say I liked you more when you where loosing. At least you where humble then.

Where, adverb; were, verb.
 

Things are lookin up.

Not necessarily.

This is just guns being reloaded.

[becoin]

i feel is waaaay to risky to buy bitcoins at 400+ in an economic environment that is worsening each day

?...
Risky economic environment is excellent for bitcoin!

Not necessarily.  If people start having less money due to a decreased ability to borrow and leverage,  or otherwise,  then they won't have as much speculative money to support the price.

Speculative money is the dollar. People that can't afford to be speculators have their money in gold, silver and bitcoin.

[Tzupy]

After the pump failed, I think it's time to test support (it may take several days of slow downslide). Planning to buy back around 400$.

[TERA]

i feel is waaaay to risky to buy bitcoins at 400+ in an economic environment that is worsening each day

?...
Risky economic environment is excellent for bitcoin!

Not necessarily.  If people start having less money due to a decreased ability to borrow and leverage,  or otherwise,  then they won't have as much speculative money to support the price.

Speculative money is the dollar. People that can't afford to be speculators have their money in gold, silver and bitcoin.

People who can't afford to be speculators have their money in food,  their mortgage payment,  their car payment,  and running their business. When people stop being able to lend money to cover all these things, or they have less income,  or higher costs,  that means there are no more left over dollars which means no more left over purchases of gold,  silver, or bitcoin either.  There's just nothing.

[Divitiae miserae]

After the pump failed, I think it's time to test support (it may take several days of slow downslide). Planning to buy back around 400$.

Choose a comfortable seat.

[JayJuanGee]

Coin



Explanation

Look at those walls, bulls. Market buy after market buy and the price is actually going Down.  Now's you chance to buy with minimum slippage. 

Bears are placing limit orders to minimize slippage.  That's what we have to do with the bid order book so thin.

GTFO.....   

You are a bit pathetic, acting like bears have some kind of control over the current BTC price situation, and you happen to be in that "aware" group.   

You seem to have little to no clue if you are desperately still thinking that betting against the current trend is going to make you a killin.  Yes, you may get lucky, but really you seem to have little to no clue.

So, why don't you let up a bit with the pompous ass crap in talking your book

[becoin]

i feel is waaaay to risky to buy bitcoins at 400+ in an economic environment that is worsening each day

?...
Risky economic environment is excellent for bitcoin!

Not necessarily.  If people start having less money due to a decreased ability to borrow and leverage,  or otherwise,  then they won't have as much speculative money to support the price.

Speculative money is the dollar. People that can't afford to be speculators have their money in gold, silver and bitcoin.

People who can't afford to be speculators have their money in food,  their mortgage payment,  their car payment,  and running their business.

Haven't you heard about 'savings' and what it is all about?
https://en.wikipedia.org/wiki/Saving

My savings is in gold, silver and bitcoin. People that keep their savings in dollars are just speculators!

[JayJuanGee]

If someone spent millions of dollars putting up walls on 3 exchanges, that is a very expensive trap to set. Those walls are real. Price jumped last night, and people want to take profit.

Or the whales could intend to buy their own coins to get the price up and get the fomo rolling.

They have lots of coins to dump at an even greater profit.

I opened a short at 446, and I am glad I did.

Closed the short at 443. If it dips lower, I will start leveraging long again.
Don't you guys wish you were as cool as me?

Too many John Wayne around, proof or it didn't happen.

Read my post history.
I have been stating my positions since Friday night, when I announced I was shorting an hour before the crash. Check the times on my posts, then check the charts for the moves. I haven't been wrong in a prediction yet.

I remember you crying about about your short position 6-7 hours before the crash. I remember how you where thinking to close your short. I remember how you where desperately asking for advice. I remember how you got arrogant when it crashed and how you where right. You have had this additud ever since.
I must say I liked you more when you where loosing. At least you where humble then.

Exactamente!!!!!!     

[spiderbrain]

i feel is waaaay to risky to buy bitcoins at 400+ in an economic environment that is worsening each day

?...
Risky economic environment is excellent for bitcoin!

Not necessarily.  If people start having less money due to a decreased ability to borrow and leverage,  or otherwise,  then they won't have as much speculative money to support the price.

Maybe, but an asset class in an economic crisis that has no counterparty risk and is immune to capital controls? That sounds pretty appealing.

[peonminer]

Coin



Explanation

Look at those walls, bulls. Market buy after market buy and the price is actually going Down.  Now's you chance to buy with minimum slippage.  

Bears are placing limit orders to minimize slippage.  That's what we have to do with the bid order book so thin.

GTFO.....    

You are a bit pathetic, acting like bears have some kind of control over the current BTC price situation, and you happen to be in that "aware" group.    

You seem to have little to no clue if you are desperately still thinking that betting against the current trend is going to make you a killin.  Yes, you may get lucky, but really you seem to have little to no clue.

So, why don't you let up a bit with the pompous ass crap in talking your book

Short term nostalgia for S&G since she wants to go sidewayz til the normal 3AM CST CYN rise til around 5AM CST.

[TERA]

i feel is waaaay to risky to buy bitcoins at 400+ in an economic environment that is worsening each day

?...
Risky economic environment is excellent for bitcoin!

Not necessarily.  If people start having less money due to a decreased ability to borrow and leverage,  or otherwise,  then they won't have as much speculative money to support the price.

Speculative money is the dollar. People that can't afford to be speculators have their money in gold, silver and bitcoin.

People who can't afford to be speculators have their money in food,  their mortgage payment,  their car payment,  and running their business.

Haven't you heard about 'savings' and what it is all about?
https://en.wikipedia.org/wiki/Saving

My savings is in gold, silver and bitcoin. People that keep their savings in dollars are just speculators!

Were discussing what could happen in a weakened economy.  When people have less income,  less lending,  and/or higher expenses,  then they don't have as much left for investing OR saving.   For purposes of discussion let's just assume a generally weak economy and not this all out catastrophe, government seizure,  or whatever it is the 'bulls' have wet dreams about.

[spud21]

Started getting back in at 442. I'm bullish now. I am thinking there is a good chance we can tear down this wall before the next correction.
I took a picture, for those that think I am lying, but I am not seeing any option on this forum for uploading pictures. I assume I am I not able to do that with a newbie account.

Newbie accounts have had image posting privileges removed since a troll kept posting porn images here. You have to reach junior member before you are allowed to post images. The same troll is the one responsible for all the gibberish posts that the Bitcoin discussion board is being bombarded with.

[Auxi]

I need itsabeartraporbulltrap.jpg
Somebody could help me?

[Hyperjacked]

Started getting back in at 442. I'm bullish now. I am thinking there is a good chance we can tear down this wall before the next correction.
I took a picture, for those that think I am lying, but I am not seeing any option on this forum for uploading pictures. I assume I am I not able to do that with a newbie account.

Yes you need some more time under your belt...