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

[becoin]

A cryptocurrency which is fully controlled by a nation state is just a national currency.
And banks do the job good and cheap enough for fiat transfers.

There wont be any chinacoin...

There will, and it's a terrifying idea in the hands of a country that is perfectly at home practising wide-scale internet surveillance and censorship.

All major countries are practicing wide-scale internet surveillance and censorship at home!

[r0ach]

Bitcoin is the must have for the rich now. OTC Bitcoin are on the way up: someone at work knows that I hold Bitcoin and they're rapidly turning to me for knowledge and, of course, bitcoins. The followings says it all:
I've been asked to provide 25 BTC. I refused. They were willing to pay more than 20% of current price. I refused.
I've told them to go buy them on the exchanges and do KYC/AML.
I think for the first time in their life they realized what their fiat money real value is and what that's value of financial freedom.

Lol, what?  I'm sorry you couch potatoes, but buying Bitcoin does not give you financial freedom.  Fighting a war with an AR15 against whoever is trying to take your financial freedom is how you get financial freedom.  Just like the days of the revolutionary war, you will probably have to get off your couch at some point.  There is no mouse click shortcut to freedom.  Even metals holders get worried about the government trying to confiscate or legislate against metals in some way.  TPTB can impede the usage of Bitcoin about 5 billion times easier than metals, so you are definitely not getting freedom by smoking some stuff out of a bong and clicking something on Coinbase.

[abz99]

Bitcoin is bullish but the money flow is negative http://zentrade.online/bitcoinusd-price-action-analysis-bitmex-perpetual-swap-xbtusd-update-20170121/

[gembitz]

A cryptocurrency which is fully controlled by a nation state is just a national currency.
And banks do the job good and cheap enough for fiat transfers.

There wont be any chinacoin...

There will, and it's a terrifying idea in the hands of a country that is perfectly at home practising wide-scale internet surveillance and censorship.

E-COIN? like from Mr Robot?    lol ~ EvilCorp

[Raja_MBZ]

Trumpump is happening... I expect to see the $1000 cross soon once again!

Just because we don't break 920 doesn't mean we're going to crash down to 750

Those 2 points don't necessarily draw a straight line.

+1

[Miz4r]

Bitcoin is the must have for the rich now. OTC Bitcoin are on the way up: someone at work knows that I hold Bitcoin and they're rapidly turning to me for knowledge and, of course, bitcoins. The followings says it all:
I've been asked to provide 25 BTC. I refused. They were willing to pay more than 20% of current price. I refused.
I've told them to go buy them on the exchanges and do KYC/AML.
I think for the first time in their life they realized what their fiat money real value is and what that's value of financial freedom.

Lol, what?  I'm sorry you couch potatoes, but buying Bitcoin does not give you financial freedom.  Fighting a war with an AR15 against whoever is trying to take your financial freedom is how you get financial freedom.  Just like the days of the revolutionary war, you will probably have to get off your couch at some point.  There is no mouse click shortcut to freedom.  Even metals holders get worried about the government trying to confiscate or legislate against metals in some way.  TPTB can impede the usage of Bitcoin about 5 billion times easier than metals, so you are definitely not getting freedom by smoking some stuff out of a bong and clicking something on Coinbase.

You don't understand how disruptive technologies work. Bitcoin will eventually decouple money from the state and level the playing field for those who do not have access to banking and financial services. You're just being very shortsighted. The internet was made by the same 'couch potatoes' and didn't need a stupid war to provide us better means of communication and easier access and sharing of information. Bitcoin will evolve in a similar way and will provide us financial freedoms we've never had before and make the old financial slavery system obsolete. It already is borderless and permissionless; I can do with my coins what I want and bring them with me and use them anywhere in the world. Try doing that with Gold or paper fiat. Good luck with your AR15 and dying in a senseless war, I'll be staying right here and help improve the world through permissionless innovation and entrepreneurship.

[vlight]

Bitcoin is at the price level of Christmas 2016  

[prophetx]

[PoolMinor]

You might want to zoom out to the 3 day chart.

[protokol]

Just because we don't break 920 doesn't mean we're going to crash down to 750

No, it doesn't mean that, just that it's probable. Anyway we've gone to 925 now, so it's looking bullish imo.

We can only speculate on probabilities, no-one knows the future. But the charts are looking rather healthy.

[PoolMinor]

Just because we don't break 920 doesn't mean we're going to crash down to 750

No, it doesn't mean that, just that it's probable. Anyway we've gone to 925 now, so it's looking bullish imo.

We can only speculate on probabilities, no-one knows the future. But the charts are looking rather healthy.

I know the future. Vlad2Vlad also knows the future(because I told him).

[prophetx]

You might want to zoom out to the 3 day chart.

you mean zoom in? this is the weekly.  anyway what am i missing?

[PoolMinor]

You might want to zoom out to the 3 day chart.

you mean zoom in? this is the weekly.  anyway what am i missing?

I believe we are not at the purple dot, but instead between a►b

[prophetx]

the next hour of trading will be critical for the bitcoin price

[prophetx]

You might want to zoom out to the 3 day chart.

you mean zoom in? this is the weekly.  anyway what am i missing?

I believe we are not at the purple dot, but instead between a►b

that chart does not show that we are at the purple spot. the purple spot is just there to show when the break out happens.

a>b seems a bit fast no?

[PoolMinor]

You might want to zoom out to the 3 day chart.

you mean zoom in? this is the weekly.  anyway what am i missing?

I believe we are not at the purple dot, but instead between a►b

that chart does not show that we are at the purple spot. the purple spot is just there to show when the break out happens.

a>b seems a bit fast no?

Readers tend to call me a bear when I predict a downturn in price, but I think this handle formation has just began. The recent price rise was destined, the Chinese New Year will play an important role in the price; I am seeing a surge to ~$990 followed by a correction b►c.

[vlight]

Readers tend to call me a bear when I predict a downturn in price, but I think this handle formation has just began. The recent price rise was destined, the Chinese New Year will play an important role in the price; I am seeing a surge to ~$990 followed by a correction b►c.

Yes, 990 will be a tough resistance and the price should correct to at least $920.

[prophetx]

You might want to zoom out to the 3 day chart.

you mean zoom in? this is the weekly.  anyway what am i missing?

I believe we are not at the purple dot, but instead between a►b

that chart does not show that we are at the purple spot. the purple spot is just there to show when the break out happens.

a>b seems a bit fast no?

Readers tend to call me a bear when I predict a downturn in price, but I think this handle formation has just began. The recent price rise was destined, the Chinese New Year will play an important role in the price; I am seeing a surge to ~$990 followed by a correction b►c.

right.  question is how low will she go in c (probably around tax paying time perhaps)

[Cassius]

A cryptocurrency which is fully controlled by a nation state is just a national currency.
And banks do the job good and cheap enough for fiat transfers.

There wont be any chinacoin...

There will, and it's a terrifying idea in the hands of a country that is perfectly at home practising wide-scale internet surveillance and censorship.

All major countries are practicing wide-scale internet surveillance and censorship at home!

China is a league apart in its interventions.

[PoolMinor]

You might want to zoom out to the 3 day chart.

you mean zoom in? this is the weekly.  anyway what am i missing?

I believe we are not at the purple dot, but instead between a►b

that chart does not show that we are at the purple spot. the purple spot is just there to show when the break out happens.

a>b seems a bit fast no?

Readers tend to call me a bear when I predict a downturn in price, but I think this handle formation has just began. The recent price rise was destined, the Chinese New Year will play an important role in the price; I am seeing a surge to ~$990 followed by a correction b►c.

right.  question is how low will she go in c (probably around tax paying time perhaps)

This is the "scariest" part, if that drawing is to scale you will note that the "c" point is well below the "a" point almost the same region as the "4" to the left of the handle formation. This would indicate a ~$550 range.