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

[Denker]

Impressive rebound 

Indeed!
Others will say, it was a mighty bear trap!
Now I'm curious how we will finish this for the rest of the day!

[Gillette]

ok week hands Its your turn to shine

DUMP!

looks like weak hand be holding fiat  

bears are fucked.

  

Adam remember that bear are always fucked with BTC!

Look I found a photo of Tzupy:

[JayJuanGee]

buying now is like banging two hotties in your living room, while your wife is out shopping for an undertermined amount of time.

DANGEROUS and FUN!

 

Buying anywhere in the $600s is probably not a bad entry point for BTC newbies for the coming months.

Sure, we could go to $580 or so, but the trend definitely seems up, and even going into the lower $600s, such as in the $620s doesn't seem too likely in the near term.

In other words, I personally believe that it is more likely from this price point (in the $680s) that we hit $750 before we hit $610... then that would be the price arena for the big test in the $750 to $850 price range. If we go above $850, it is likely all over BAAAAAAMMMM... $3k plus... On the other hand, after entering into the $750 to $850 range, we could have a bit of a hard-fought price battle, and then sub $600 prices could then again become reasonable expectations, that is if the bears win that battle in the short run (which is not an unreasonable proposition)..

I think that a lot of us longer term BTC holders are feeling fairly good at the moment in this upper $600 prices (having had seen $725 in the past 48 hours), so no matter which way this BTC price thing goes. In other words, longer term holders, should be able to take some profits in this current price range (if we were to want to), while still having some potential abilities to stack up some MOAR bitcoins in order to prepare for the reasonably feasible (but not guaranteed) path upwards.

[Mrpumperitis]

Vitalik is not clever at all, he's a naive kid. He's just being exploited by a group of ruthless bankers who get to pump a wunder-kid 'back-story', while painting a $1.5 billion target on Vitalik's head ... and they can disappear when it collapses and Vitalik get's left dealing with the fallout, if he survives that long.

Exactamente!!!

 We can't really know the exact details, but the above description is the gist of the ETH manipulation situation, and those bank and govt fucks will manipulate the ETH/Vitalik fall guy situation for as long as they can get away with such shenanigans to make money and to attempt to denigrate bitcoin with these stupid ass, implausible DAO etc etc stories...  before it becomes apparent to everyone that the whole thing is as made up as star trek.. then at some point thereafter switch the story to attempt to break up the chaos.. ... but this manipulation is not all negative because there are ways that bitcoin and other cryptos can learn from this and no doubt that there continues to be some interesting ETH innovations that can be considered in the present and in the future.

lol you peeps sound like the guys that told me so much crap about btc in first few yrs, but actually u never knew or learnt anything because you were stuck in your old ways and assumed btc was a scam/ponzi

[r0ach]

It's on now.

Bitcoin has now completed a giant, two year long cup and handle.  For any TA illiterate, that means likelihood of skyrocketing soon = high:

[savetherainforest]

Jesus F'ing Christ what a f#@$Fest massacre! Bear rape dominatrix style!  ... Everyone cheers when the bear is impaled on a spike! 

[Mrpumperitis]

btc pump over for time being...watch out for auction

Just a small correction. We'll resume the rally once the sellers are done taking their profits. Plus the real magic of the halving doesn't happen until months from now when people realize it's harder to get coins

spot on m8   also ltr the blocksize, segwit etc will be in place

Look at Pumpy...   outwardly demonstrating pro-bitcoin inclinations    

BTC going up was good, it made me alot of profit recently ( coz i did do a x15 from eth   ) then my BTC doubled in value.
dude i hope you are prepared....fiat or ETH when you cash out lol
btw watch out for bigger dump soon...auction.
 

[Tzupy]

ok week hands Its your turn to shine

DUMP!

looks like weak hand be holding fiat  

bears are fucked.

  

Adam remember that bear are always fucked with BTC!

Look I found a photo of Tzupy:

F U !!!

[JayJuanGee]

Vitalik is not clever at all, he's a naive kid. He's just being exploited by a group of ruthless bankers who get to pump a wunder-kid 'back-story', while painting a $1.5 billion target on Vitalik's head ... and they can disappear when it collapses and Vitalik get's left dealing with the fallout, if he survives that long.

Exactamente!!!

 We can't really know the exact details, but the above description is the gist of the ETH manipulation situation, and those bank and govt fucks will manipulate the ETH/Vitalik fall guy situation for as long as they can get away with such shenanigans to make money and to attempt to denigrate bitcoin with these stupid ass, implausible DAO etc etc stories...  before it becomes apparent to everyone that the whole thing is as made up as star trek.. then at some point thereafter switch the story to attempt to break up the chaos.. ... but this manipulation is not all negative because there are ways that bitcoin and other cryptos can learn from this and no doubt that there continues to be some interesting ETH innovations that can be considered in the present and in the future.

lol you peeps sound like the guys that told me so much crap about btc in first few yrs, but actually u never knew or learnt anything because you were stuck in your old ways and assumed btc was a scam/ponzi

Your logic is not adding up, here.  People who were bullish about bitcoin on the way down from $1,200 to $200, have more reason to be bullish under these current market conditions, and none of these folks were likely buying into the talking points about BTC being either a scam or a ponzi scheme. 

In other words, Pumpy, it appears that some of your circuits are crossing, and you are mixing up your various generalizations into nonsensicalness.         

[DaRude]

ok week hands Its your turn to shine

DUMP!

looks like weak hand be holding fiat  

bears are fucked.

  

Adam remember that bear are always fucked with BTC!

Look I found a photo of Tzupy:

F U !!!

  that does look very similar

But yeah if you're going to short before the halvening and brexit you're gonna have a bad time

[hv_]

It's on now.

Bitcoin has now completed a giant, two year long cup and handle.  For any TA illiterate, that means likelihood of skyrocketing soon = high:

Correct.

Thats a huuuuuuge coffee to gooooo!

[SnokkomBTC]

When China wakes up, moon?

[adamstgBit]

buying now is like banging two hotties in your living room, while your wife is out shopping for an undertermined amount of time.

DANGEROUS and FUN!

 

Buying anywhere in the $600s is probably not a bad entry point for BTC newbies for the coming months.  

Sure, we could go to $580 or so, but the trend definitely seems up, and even going into the lower $600s, such as in the $620s doesn't seem too likely in the near term.  In other words, I think that it is more likely from here that we hit $750 before we hit $610... then that is the big test in the $750 to $850 price range.  If we go above $850, it is likely all over BAAAAAAMMMM... $3k plus...  On the other hand, after entering into the $750 to $850 range, we could have a bit of a price battle, and then sub $600 prices could then again become reasonable expectations, if the bears win that battle in the short run...

I think that a lot of us BTC holders are feeling good at the moment, no matter which way this price thing goes, because we should be able to take some profits in this current price range (if we want), while still having some potential to stack up some bitcoins in order to prepare for the reasonably feasible (but not guaranteed) path upwards.

the bearish case:

weak hands are holding profitable trades, they are likely to exit their position prematurely. poeple get nervous during a correction and start taking profit as it drops, at 620 they are still profitable + they are nervous as hell; 700 to 620 is one hell of a drop, and that'll make most poeple sick... they will DUMP and take profits at 620 in a panic, so we might see 599 briefly and then go back up as this false sense of panic dies down and the weak hands have been shaken out.

but seeing how 599$ is a bit of a pipedream ( are we Actually going to see a bunch of newbie take profit in a panic? probably not... newbies got POWN 3 months ago ) .... 600's is a Gr8! entry point.

[Mrpumperitis]

Vitalik is not clever at all, he's a naive kid. He's just being exploited by a group of ruthless bankers who get to pump a wunder-kid 'back-story', while painting a $1.5 billion target on Vitalik's head ... and they can disappear when it collapses and Vitalik get's left dealing with the fallout, if he survives that long.

Exactamente!!!

 We can't really know the exact details, but the above description is the gist of the ETH manipulation situation, and those bank and govt fucks will manipulate the ETH/Vitalik fall guy situation for as long as they can get away with such shenanigans to make money and to attempt to denigrate bitcoin with these stupid ass, implausible DAO etc etc stories...  before it becomes apparent to everyone that the whole thing is as made up as star trek.. then at some point thereafter switch the story to attempt to break up the chaos.. ... but this manipulation is not all negative because there are ways that bitcoin and other cryptos can learn from this and no doubt that there continues to be some interesting ETH innovations that can be considered in the present and in the future.

lol you peeps sound like the guys that told me so much crap about btc in first few yrs, but actually u never knew or learnt anything because you were stuck in your old ways and assumed btc was a scam/ponzi

Your logic is not adding up, here.  People who were bullish about bitcoin on the way down from $1,200 to $200, have more reason to be bullish under these current market conditions, and none of these folks were likely buying into the talking points about BTC being either a scam or a ponzi scheme. 

In other words, Pumpy, it appears that some of your circuits are crossing, and you are mixing up your various generalizations into nonsensicalness.         

lol, im talking about before the ath btc had.. there were many experts all saying how BTC was shit etc
if only u hedged when i told u about eth and my plans in january...eth was under $0.80 , if u spent even 1btc u wouldve been on 15+ today ...soon ETH will cross $20, then $50 and even $100 and hopefully at some point your attitutde towards ETH will change and u buy some..before it hits $1k+ lol
anyway, im not arguing with u, u my m8    

[JayJuanGee]

btc pump over for time being...watch out for auction

Just a small correction. We'll resume the rally once the sellers are done taking their profits. Plus the real magic of the halving doesn't happen until months from now when people realize it's harder to get coins

spot on m8   also ltr the blocksize, segwit etc will be in place

Look at Pumpy...   outwardly demonstrating pro-bitcoin inclinations    

BTC going up was good, it made me alot of profit recently ( coz i did do a x15 from eth   ) then my BTC doubled in value.
dude i hope you are prepared....fiat or ETH when you cash out lol
btw watch out for bigger dump soon...auction.
 

There you go, Pumpy.  I feel a little better, now that you are back to your normal nonsense talk.   


By the way, which auction are you referring to?   The Australian one, or something else? 

There are a lot of things going on in bitcoin, so one event is not likely going to significantly reverse the price trajectory that we currently are on..... but, yeah we certainly need to see how the BTC battle (assuming that there is going to be one) plays out in the $750 to $850 price arena.  And, yeah, when we are in that price arena, there could be a large number of negative news events, and even FUCD spreading that is going to tip the positive trend towards a short or medium term price reversal... and yeah, in some seemingly less likely (but not impossible scenarios) we could also become stuck in the sub $850 price territory for a considerable amount of time...

[savetherainforest]

When China wakes up, moon?

it's 02:45 in East China .. and 5 hours less in West China ... so 21:45 in West China ( but still 02:45 ) .. Meaning daylight just ended 20-30 minutes ago. But Japan and Korea wake up in 2-3 hours as well. Australia and New Zealand are already trading!

[DaRude]

BTC4k ask wall on finex @ $692 or do we only talk about how great etherpoop is?

[DaRude]

BTC4k ask wall on finex @ $692 or do we only talk about how great etherpoop is?

and it's gone the second the dragon moved up

[savetherainforest]

BTC4k ask wall on finex @ $692 or do we only talk about how great etherpoop is?

and it's gone the second the dragon moved up

They almost killed Kenny!

[JayJuanGee]

buying now is like banging two hotties in your living room, while your wife is out shopping for an undertermined amount of time.

DANGEROUS and FUN!

 

Buying anywhere in the $600s is probably not a bad entry point for BTC newbies for the coming months.  

Sure, we could go to $580 or so, but the trend definitely seems up, and even going into the lower $600s, such as in the $620s doesn't seem too likely in the near term.  In other words, I think that it is more likely from here that we hit $750 before we hit $610... then that is the big test in the $750 to $850 price range.  If we go above $850, it is likely all over BAAAAAAMMMM... $3k plus...  On the other hand, after entering into the $750 to $850 range, we could have a bit of a price battle, and then sub $600 prices could then again become reasonable expectations, if the bears win that battle in the short run...

I think that a lot of us BTC holders are feeling good at the moment, no matter which way this price thing goes, because we should be able to take some profits in this current price range (if we want), while still having some potential to stack up some bitcoins in order to prepare for the reasonably feasible (but not guaranteed) path upwards.

the bearish case:

weak hands are holding profitable trades, they are likely to exit their position prematurely. poeple get nervous during a correction and start taking profit as it drops, at 620 they are still profitable + they are nervous as hell; 700 to 620 is one hell of a drop, and that'll make most poeple sick... they will DUMP and take profits at 620 in a panic, so we might see 599 briefly and then go back up as this false sense of panic dies down and the weak hands have been shaken out.

but seeing how 599$ is a bit of a pipedream ( are we Actually going to see a bunch of newbie take profit in a panic? probably not... newbies got POWN 3 months ago ) .... 600's is a Gr8! entry point.

I agree.. we are generally on an upward trajectory.. and there are also likely quite a few newbies considering jumping in and they are nervous about it... but they would likely feel pretty decent jumping in anywhere in the lower $600s, and they may even feel relatively comfortable jumping in the upper $600s, especially after it was only about 30 hours ago (at the time of this typing) that we witnessed $725 (briefly, but we did also experience several hours of supra $700, too)