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

[Morecoin Freeman]

I am doubting myself for being bearish but at the same time this pump does not make too much sense.
I feel like this should dump back down. What am I missing here?

The last time I saw you talking like that we hit $500.

I think that is true!

If I only I knew what I am missing in those situations. I believe there must be a reason for everything.

We are now close to the January 13th prices.

[roslinpl]

$420 :-)


Hey this is really a nice day, wasn't expecting such a movement - well I was waiting for that, but wasn't aware that today we will have so much fun.


Good job Bitcoin!

[marcus_of_augustus]

i don't think the chinese miners can even pronounce "Crassic" ... crass alright, get high, code hard-fork, profit.

[BlindMayorBitcorn]

i don't think the chinese miners can even pronounce "Crassic" ... crass alright, get high, code hard-fork, profit.

They couldn't touch him because he was Tarzan, Mandrake, Flash Gordon. He was Bill Shakespeare. He was Cain, Ulysses, the Flying Dutchman; he was Lot in Sodom, Deirdre of the Sorrows, ...

[JayJuanGee]

I am tired of all that shit. I quit Bitcoin until the next ATH.

Good for you, and bad for us.... hahahahaha  

We gotta put up with more fake quitting drama........ and fewer coins for us.  

Haha, shame the price won't go up 10% after this nobody quits bitcoin

Dude, you should show more respect to people more wealthy and clever than you.

We shouldn't be doing status trips on the interwebs.... Instead, post some substance, and then we will consider your thoughts.

If you are going to quit, then no problem with that; however, what would be the reason to publicly announce it, unless you are some kind of attention whore or you really don't  mean it.... and you are just playing it for its trolling effect.

I posted on the Wall Observer, I didn't even create a thread. And to post somewhere help to consolidate the decision through social pressure even it it didn't work out this time (the first 24 hours are the hardest when quitting an habit).

Now, you are just continuing drama in a troll-like and apparent disingenuous manner.    It's like you are just making things up, and do you even hold any coins?   People who invest in coins take their involvement a bit more serious even if they cannot decide whether they are bears or bulls, or some hybrid.


Surely, there is nothing wrong with a bit of humor and even indecision regarding the proportion of investment and maybe beginning to disinvest some of your BTC if you are either in profits or you believe that you have overextended for your own level of tolerance... but really, you are appearing to be more of an attention whore in your weak walking back of your supposed quit.

[Meuh6879]

This is Bitcoin.

[ChartBuddy]

Coin


Explanation

[BitUsher]

i don't think the chinese miners can even pronounce "Crassic" ... crass alright, get high, code hard-fork, profit.

LOL....   https://www.reddit.com/r/btc/comments/41iw58/the_toomin_brothers_bitcoin_classics_main_devs/

To be fair that was the developers brother who helps with the consider.it site that manages all the Classic Voting. It is too early to suggest that the lead dev is getting stoned and dropping acid too.

[ImI]

Why are we still discussing Classic like it's not a failed project already?

Didn't you get the news?

i didnt get the news. where to find it?

Here: https://botbot.me/freenode/bitcoin-core-dev/2016-01-20/?msg=58304091&page=2

thx

agree, that's it with classic.

[MatTheCat]

I am doubting myself for being bearish but at the same time this pump does not make too much sense.
I feel like this should dump back down. What am I missing here?

It makes sense if you stop thinking about Bitcoin as an organic market, and start thinking about it as a Cash Cow controlled by Chinese Bitcoin Cowboys. Crash down to Long RLZ, and then right back up to Short RLZ within a few days? It's bullshit. It is a rigged casino designed to deprive the majority of thier funds. Perma bulls get the thrill of seeing their USD wealth inflate when 'they' pump but get that sinking feeling in their gut when they see their USD wealth evaporate when BTC crashes, and bears vice versa.

An organic market is 'the herd'. And it is possible to develop an acumen in the reading of charts and the use of statistical based tools, to forecast future herd movements. Bitcoin is not so much the herd, as the herd being rounded up by the Bitcoin Cowboys. 'They' have this market on the end of a piece of string like a fucking Yo Yo.

U will know how to read market signals. Look back at the consolidation formation prior to break out. It was saying bear all the fkn way. It was as though the formation was intentionaly designed to trick as many people as possible, and for those who had the audacity to still see it as Long (I was one of them), we even got a move down to take out lowest low, and wipe out all the long Stop Orders. 'They' did not want the public getting in on this at the bottom. 'They' wanted the public chasing the momentum. 'They' want the public to be buying Bitcoin right now! Buying 'their' Bitcoin, that they picked up $350-$380. Although, after that vicious engulfing Doji candle that hit right into 61.8% Short RLZ, only the most fucking stupid of investors are going to enter Bitcoin here, enter they still will, and last I checked, PoC is sitting up at $435...a likely upside target when all is said and done, but will I be attempting to ride it up? NOOOO!

Point is, everything about the crash, and everything about this 'miracle' rise, has fuck all to do with fundamentals, and everything to do with rigged market machinations. Rise was too fast, and it came from nowhere. Reminds me a bit of the March 2014 parabolic rise when Bitcoin surged from $580 - $710. Too much, too soon. Just not fucking sustainable, manufactured as fuck and we all know what happened next.

As soon as the 'top' is confirmed, I will be hunting shorts on Bitcoin targetting $310 area, cos that is where this fucker is going. But if that V bottom was anything to go by, I guess I shouldn't expect a nice easy double top M market structure to trade....I suspect only the chosen and the highly risk tolerant will get to short with the choice trade entry points.

[BlindMayorBitcorn]

i don't think the chinese miners can even pronounce "Crassic" ... crass alright, get high, code hard-fork, profit.

LOL....   https://www.reddit.com/r/btc/comments/41iw58/the_toomin_brothers_bitcoin_classics_main_devs/

To be fair that was the developers brother who helps with the consider.it site that manages all the Classic Voting. It is too early to suggest that the lead dev is getting stoned and dropping acid too.

WTF?!

Michael Toomim
[8:25 AM] I lived in china for 6 months man, it wasn't pretty with the government
[8:25] I'm so glad the chinese are finding freedom with bitcoin

Michael Toomim
[8:27 AM] I want it so bad!
[8:27] I love bitcoin on my laptop!
[8:28] It's like a girlfriend in your lap!
[8:28] Isn't it?

This HAS to be a troll!

[peonminer]

i don't think the chinese miners can even pronounce "Crassic" ... crass alright, get high, code hard-fork, profit.

"I'm a crassic maaannnnn. Rew can be me if u trade dris cleannn, i'm a craaassssssiccc maaaaaayyyrrrnnnnnn!!!

[Fatman3001]

Am I the only one who finds it ironic that JJG has taken it upon himself to do QC on WO-thread posters?

[BldSwtTrs]

I am tired of all that shit. I quit Bitcoin until the next ATH.

Good for you, and bad for us.... hahahahaha  

We gotta put up with more fake quitting drama........ and fewer coins for us.  

Haha, shame the price won't go up 10% after this nobody quits bitcoin

Dude, you should show more respect to people more wealthy and clever than you.

We shouldn't be doing status trips on the interwebs.... Instead, post some substance, and then we will consider your thoughts.

If you are going to quit, then no problem with that; however, what would be the reason to publicly announce it, unless you are some kind of attention whore or you really don't  mean it.... and you are just playing it for its trolling effect.

I posted on the Wall Observer, I didn't even create a thread. And to post somewhere help to consolidate the decision through social pressure even it it didn't work out this time (the first 24 hours are the hardest when quitting an habit).

Now, you are just continuing drama in a troll-like and apparent disingenuous manner.    It's like you are just making things up, and do you even hold any coins?   People who invest in coins take their involvement a bit more serious even if they cannot decide whether they are bears or bulls, or some hybrid.


Surely, there is nothing wrong with a bit of humor and even indecision regarding the proportion of investment and maybe beginning to disinvest some of your BTC if you are either in profits or you believe that you have overextended for your own level of tolerance... but really, you are appearing to be more of an attention whore in your weak walking back of your supposed quit.

I didn't talk about my investment. I am only tired of the mental space Bitcoin take in my head and the time I spend browsing Bitcoin related stuff, especially with all the nonsense coming through this blocksize debate. But this is totally independent of my financial decisions.

[peonminer]

Am I the only one who finds it ironic that JJG has taken it upon himself to do QC on WO-thread posters?

[inca]

Why are we still discussing Classic like it's not a failed project already?

Didn't you get the news?

i didnt get the news. where to find it?

Here: https://botbot.me/freenode/bitcoin-core-dev/2016-01-20/?msg=58304091&page=2

thx

agree, that's it with classic.

I would take anything brg444 says with a pinch of salt as he completely lacks objectivity.

[coins101]

Try to stop this train!!!!



I dare you!!!

That's grand central station in Moscow. It's already stationary.

[BitUsher]

i don't think the chinese miners can even pronounce "Crassic" ... crass alright, get high, code hard-fork, profit.

LOL....   https://www.reddit.com/r/btc/comments/41iw58/the_toomin_brothers_bitcoin_classics_main_devs/

To be fair that was the developers brother who helps with the consider.it site that manages all the Classic Voting. It is too early to suggest that the lead dev is getting stoned and dropping acid too.

WTF?!

Michael Toomim
[8:25 AM] I lived in china for 6 months man, it wasn't pretty with the government
[8:25] I'm so glad the chinese are finding freedom with bitcoin

Michael Toomim
[8:27 AM] I want it so bad!
[8:27] I love bitcoin on my laptop!
[8:28] It's like a girlfriend in your lap!
[8:28] Isn't it?

This HAS to be a troll!

He was stoned when talking to core , but admitted to dropping acid before.

It was a verified account and he followed up admitting it in reddit , with no retractions days later so extremely unlikely to be a hacked account trolling. Seems like a nice guy, and one that many could be friends with. Hopefully, his brother is much different as I prefer developer to be of the nerdy type that aren't potheads dropping acid.

[Richy_T]

Blocks are full. Let's see what happens.

https://www.reddit.com/r/btc/comments/41whvw/maximum_of_transactions_second_that_bitcoin_can/cz5v60m

[ImI]

Why are we still discussing Classic like it's not a failed project already?

Didn't you get the news?

i didnt get the news. where to find it?

Here: https://botbot.me/freenode/bitcoin-core-dev/2016-01-20/?msg=58304091&page=2

thx

agree, that's it with classic.

I would take anything brg444 says with a pinch of salt as he completely lacks objectivity.

without bitfury and f2p, classic has no chance to reach even 50%.