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

[BlindMayorBitcorn]

\/\/\/ NO NO no! Stop stepping on my lines! \/\/\/

I told you we should have workshopped this!

[JayJuanGee]

594 on BTC-e I was promised we would *never* go below 600

Don't be an idiot.

First:  BTC-e is not reflective of overall BTC prices, HELLO?


Second:  If anyone tells you "never" in relation to bitcoin, then by definition, they must be either misleading or misinformed or more likely, you are making shit up in order to act like a drama queen... 

I guess I should stop trusting people so much. They seemed nice . . . you're not even nice, you're just rude.

Sounds like your inside of some kind of fictional trolling fantasy to get caught up upon whether personalities are "nice" or not.  You should not expect anyone to communicate with you politely when you are engaging in such non-contributory, and apparent attempts at FUCD spreading posts.

[JayJuanGee]

594 on BTC-e I was promised we would *never* go below 600

Don't be an idiot.

First:  BTC-e is not reflective of overall BTC prices, HELLO?


Second:  If anyone tells you "never" in relation to bitcoin, then by definition, they must be either misleading or misinformed or more likely, you are making shit up in order to act like a drama queen...  

I guess I should stop trusting people so much. They seemed nice . . . you're not even nice, you're just rude.

Stop being a sheeple and think with your head on your shoulders for yourself... learn to suspect everything and everyone spewing new information that you don't know or doubt. This place is full of trolls and propaganda bears!

Get your own mindset, Line&Train of thought! Chuuu! Chuuu!  

The price is definitely going up from here. 100%. Guaranteed. I promise you.  You should re-mortgage your house and spend all of the proceeds on buying BTC immediately.  It's really quite obvious. The price will *never* be this low again. Cheap coins, etc etc.

Are you going to stand by your assertions?  Bitcoin prices are going to be moving up and beyond the lower $600s?   

Hopefully, you are correct, but I guess that I am too much of a chickenshit to leverage in any way in regards to the upwards betting direction.


But this latest downwards price correction did again put me in a very decent stocked up on bitcoins place, and I am very happy with my stash.. Even though I did miss out on buying very many coins between $620 and $605... that's o.k... I'm still feeling pretty stocked up with the drop to $620.   

[JayJuanGee]

The price is definitely going up from here. 100%. Guaranteed. I promise you.  You should re-mortgage your house

Already did, was offered a once in a lifetime opportunity to get in on the ground floor of a paradigm-shifting disruptive technology. The guy said to give him the money and he'd be right back. Well, I waited for almost 6 hours and then a cop pulled up and asked me what I was doing there at 3 AM. Anyway, you probably don't want to hear this, but do you have any other ideas?

Did the guy tell you that he was the CEO of bitcoin, you gullible and retarded fuck?

[Ted E. Bare]

600 defended successfully

[valta4065]

ok, time for a rebound!    700 by tomorrow then 800 by Saturday 

Lol!
You know there is an actual end to the rise of btc price don't you? xD
The price just can't goes up and up for eternity!

[marcus_of_augustus]

looks like we got ourselves a real life bear trap  ... with some real life bears all caught up in thar, should be interestinn

[PoolMinor]

Here is the normal phrases everyone seems to say after each dip.


Last chance to get cheap coins......


Just a whale shaking out the weak hands......


Just another Bear trap..........


I hope it stays low so my fiat can buy more at this price (because the last 2 years it wasn't low enough to do so).

[savetherainforest]

ok, time for a rebound!    700 by tomorrow then 800 by Saturday  

Lol!
You know there is an actual end to the rise of btc price don't you? xD
The price just can't goes up and up for eternity!

You are probably looking at the wrong charts... The bubble hasn't stopped, it is somewhere between 5-15% of its course. The traders are just shaking the trees for more pears&apples.

it is supposed to be something like this:

         A
         | \
         |   \   _
         |     \/  \         ...........
         |           \      /
         |            |  _/
         |             \/
         |
         |
         |
         |
         |
         |
 /\     |
/  \    /
     W       <------  WE ARE HERE!!!



*Edit: That is how the last 2 bubbles worked out... but this 3rd one is acting strange.. like its taking its time or something like that... I can name it : "The No Rush Bubble!"

looks like we got ourselves a real life bear trap   ... with some real life bears all caught up in thar, should be interestinn

Double Trap incoming!!!

2x

[JayJuanGee]

ok, time for a rebound!    700 by tomorrow then 800 by Saturday  

Lol!
You know there is an actual end to the rise of btc price don't you? xD
The price just can't goes up and up for eternity!

You are probably looking at the wrong charts... The bubble hasn't stopped, it is somewhere between 5-15% of its course. The traders are just shaking the trees for more pears&apples.

it is supposed to be something like this:

         A
         | \
         |   \   _
         |     \/  \         ...........
         |           \      /
         |            |  _/
         |             \/
         |
         |
         |
         |
         |
         |
 /\     |
/  \    /
     W       <------  WE ARE HERE!!!



*Edit: That is how the last 2 bubbles worked out... but this 3rd one is acting strange.. like its taking its time or something like that... I can name it : "The No Rush Bubble!"
 

O.k.... If you are referring to the last two bubbles in 2013, then you might expect some parallels; however, it seems quite unrealistic to expect the bubbles to play out in the same way... (even though coincidentally, it is possible that we could get lucky and experience them in exactly the same way).

What I mean is that bitcoin is between 2 1/2 and 3 years older, and quite a bit has taken place in the bitcoin space during the elapsed time... including but not limited to developments, liquidation avenues, adoption avenues and shorting tools (opportunities) and even broader adoption and possibly government attention. 

Possibly all of these factors could turn out to be a wash, and maybe the bubble (once it gets going), will play out very similarly to the 2013 bubbles, but there is something erroneous in developing some kind of reliance upon such.

[orpington]

At the halving, bitcoin will be home.

And home is $666 !!!

[var53]

At the halving, bitcoin will be home.

And home is $666 !!!

In the last two weeks there was a double top at $700, and now there is a double bottom at $600+.

The conflicting chart patterns will confuse the traders and keep the price at $666. Bitcoin seems to like being at $666.

[savetherainforest]

ok, time for a rebound!    700 by tomorrow then 800 by Saturday  

Lol!
You know there is an actual end to the rise of btc price don't you? xD
The price just can't goes up and up for eternity!

You are probably looking at the wrong charts... The bubble hasn't stopped, it is somewhere between 5-15% of its course. The traders are just shaking the trees for more pears&apples.

it is supposed to be something like this:

         A
         | \
         |   \   _
         |     \/  \         ...........
         |           \      /
         |            |  _/
         |             \/
         |
         |
         |
         |
         |
         |
 /\     |
/  \    /
     W       <------  WE ARE HERE!!!



*Edit: That is how the last 2 bubbles worked out... but this 3rd one is acting strange.. like its taking its time or something like that... I can name it : "The No Rush Bubble!"
 

O.k.... If you are referring to the last two bubbles in 2013, then you might expect some parallels; however, it seems quite unrealistic to expect the bubbles to play out in the same way... (even though coincidentally, it is possible that we could get lucky and experience them in exactly the same way).

What I mean is that bitcoin is between 2 1/2 and 3 years older, and quite a bit has taken place in the bitcoin space during the elapsed time... including but not limited to developments, liquidation avenues, adoption avenues and shorting tools (opportunities) and even broader adoption and possibly government attention. 

Possibly all of these factors could turn out to be a wash, and maybe the bubble (once it gets going), will play out very similarly to the 2013 bubbles, but there is something erroneous in developing some kind of reliance upon such.

Yes .. I know... it is a bit delusional ... I have to admit that you have a point.

But till now I gambled on the edge of each pump/dump... I always got out just in time! ... But I was lately a coward and took no action very much, because I was very confused.

And the reason for my confusion was that I wasn't seeing the pattern... And this one now it will be a full blown bubble out of proportions like the two other ones and we are where I said we are... Or it is just a similar rally, like the one we had from September > February.  But it is one of those two 100% .. but I feel that I'm more inclined toward the ultra bubble, but the timings are way, way, way off... as I said "The No Rush Bubble!" ... I tried to compare it to the other 2 bubbles and I can tell you those moved very fast! This one moved very slowly! ... But the actual problem is that its the same similar "W" pattern like the last one especially.

[Laosai]

I just hope the btc won't be too overpriced... It would be followed by a huge crash just after the halving :/

[JayJuanGee]

[edited out]

Yes .. I know... it is a bit delusional ... I have to admit that you have a point.

But till now I gambled on the edge of each pump/dump... I always got out just in time! ... But I was lately a coward and took no action very much, because I was very confused.

And the reason for my confusion was that I wasn't seeing the pattern... And this one now it will be a full blown bubble out of proportions like the two other ones and we are where I said we are... Or it is just a similar rally, like the one we had from September > February.  But it is one of those two 100% .. but I feel that I'm more inclined toward the ultra bubble, but the timings are way, way, way off... as I said "The No Rush Bubble!" ... I tried to compare it to the other 2 bubbles and I can tell you those moved very fast! This one moved very slowly! ... But the actual problem is that its the same similar "W" pattern like the last one especially.

None of us know for sure, and yeah, we could get an exponential growth spurt that takes us beyond the previous ATH and into the $3 to $5k territory, and potentially beyond; however, I believe that this particular pending bubble is likely to experience a few more profit taking and even a slower and longer upwards spurt - mostly because there are more tools available for rich folks, bears and anti-bitcoin folks to take measures to bet on downwards and also to attempt to push prices downwards.

[MinermanNC]

ok, time for a rebound!    700 by tomorrow then 800 by Saturday 

Lol!
You know there is an actual end to the rise of btc price don't you? xD
The price just can't goes up and up for eternity!

Its designed to go up and up lol but all things will come to an end...... hopefully just not at 600 

[Mrpumperitis]

https://www.youtube.com/watch?v=UJf0r8d1QuE&list=PL5920D56C3AE11DD0&index=29

[yugo23]

Its designed to go up and up lol but all things will come to an end...... hopefully just not at 600 

To tell the truth, I just hope we won't live long enough to see the end of btc.
And end of price rise would mean a btc less and less used. What a horrible prediction ^^

[MinermanNC]

Its designed to go up and up lol but all things will come to an end...... hopefully just not at 600 

To tell the truth, I just hope we won't live long enough to see the end of btc.
And end of price rise would mean a btc less and less used. What a horrible prediction ^^

Precisely!

[BlindMayorBitcorn]

Mind blowing news from Dr. Ruja.

The business is heading in to phase 2, so if phase 1 scared you with doubt and suspicion...