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

[whored]

You're all in serious trouble, busters.

*Misters [stet cap]
Wait until your father Azerbaijani mod gets home!

[ssmc2]

Wait for iiiiiiiiit......

[Dotto]

I see you in the dark side of the moon

[r0ach]

It's time for the rising music:

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

[Dotto]

Enought nesting bullsheeteens.

We are going up with anemic volume. Just look at 1 day or 3 day timeframes. If volume doesn´t manifest quickly, lets say before seven days, Im calling this a bulltrap.

[USB-S]

hooray and up he rises, hooray, big surprises.


I'm already waiting for the correction. The bullishness is getting way out of control.

[r0ach]

Enought nesting bullsheeteens.

We are going up with anemic volume. Just look at 1 day or 3 day timeframes. If volume doesn´t manifest quickly, lets say before seven days, Im calling this a bulltrap.

It's called miners stopped selling, so an 80 day supply crunch of increasing price occurs until the price reaches a level where someone considers it overextended for pre-halving state, which is not gonna be less than $500 by anyone's standards.  It could just gradually rise to $600 on no volume before it occurs.  Once people consider the price overextended, they will then dump with the intention of buying back lower, then the volume, volatility, and long drawn out game of people trying to short, squeeze, and lock others out and force them to rebuy happens.

Knowing that it's going to play out like this, it's going to be funny when the shorters pile in at some price like $600, then a coordinated squeeze hits them and the shorters power the next great Bitcoin bubble.

[Meuh6879]

ah, it's new ... sunday morning bounce.

[SheHadMANHands]

bring me a rocket launch gif.

dat golden cross

[Fakhoury]

[Meuh6879]

bring me a rocket launch gif.

dat golden cross

Proceed ...

[ssmc2]

FO
FITTY
FO

[gentlemand]

I hope it rises to beyond the stars and off to infinity purely to stop the infernal requoting.

[ImI]

volume seems to be heading up a little

[shmadz]

Enought nesting bullsheeteens.

We are going up with anemic volume. Just look at 1 day or 3 day timeframes. If volume doesn´t manifest quickly, lets say before seven days, Im calling this a bulltrap.

It's called miners stopped selling, so an 80 day supply crunch of increasing price occurs until the price reaches a level where someone considers it overextended for pre-halving state, which is not gonna be less than $500 by anyone's standards.  It could just gradually rise to $600 on no volume before it occurs.  Once people consider the price overextended, they will then dump with the intention of buying back lower, then the volume, volatility, and long drawn out game of people trying to short, squeeze, and lock others out and force them to rebuy happens.

Knowing that it's going to play out like this, it's going to be funny when the shorters pile in at some price like $600, then a coordinated squeeze hits them and the shorters power the next great Bitcoin bubble.

Now that's interesting, and correlates with a recent interview with that Chinese miner dude who was on the latest bitcoin uncensored podcast (his name eludes me, sadly)

The just of it was that they were able to get a very favorable contract from an electricity project that failed to get government approval to sell to the grid... As far as I could discern, they were only selling enough to pay the bills and keeping the rest, also some brokerage and arbitrage as opportunities arise.

Say what you like about the Chinese but there are some shrewd motherfuckers over there. Do not underestimate.

[Dotto]

Trying to not get emotional, but that green dildo is fucking huge  

Roach, you could be right this time

[Fakhoury]

I hope it rises to beyond the stars and off to infinity purely to stop the infernal requoting.

[SheHadMANHands]

Conspiracy theory:  Chinese gov't is subsidizing mining operations, and intentionally taking positions that, directly or indirectly, support the rise of Bitcoin's popularity.  Having identified crypto-currencies as an inevitable force, they've strategically chosen to become the "first mover", among nations, to grab significant mining market share.  Bitcoin may be completely digital in manifestation, but miners still have a mine, and that mine sits in some country, under some ruling, military-backed power.

 

If you believe this conspiracy, you should go long.  If you don't...  you should go long.

 

[SheHadMANHands]

bring me a rocket launch gif.

dat golden cross

Proceed ...

Haven't seen one since 2013 !  What was the comparable liquidity then to today I wonder.

[yefi]

Is the next line: "When you're cleaning windows"?