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

[doc12]

Please stop the gold parity talk. It's stupid (for now at least).

I disagree. We're a lot closer to gold ounce parity than we are to $800.

So bitcoin will go down to 800sh soon? I'll wait for that to happen before I will re-enter then.  

I'll assume the smiley indicates you were being sarcastic.

Gold partiy is not a lousy ounce, but 1 kg gold 

[Cassius]

Oh?  now you are trying to act as if you are some kind of "expert" in the topic.    Maybe your "therapist" status shows that you want to be in "control"

This is not 'substantive'.

What you are an expert in is avoiding addressing topics, and taking matters personally and diversion... If you just attempted to respond to the substance of my post in regards to bitcoin and the questions that I asked you in terms of backing up your bitcoin related claims:

This is projection.

(here's your statement:  "Is it possible that the Chinese exchanges have been faking volumes even since the last talk with PBoC, which resulted in them starting to charge fees? That would help explain why this week's PBoC intervention hasn't had much of an impact."), and I had asked some questions from you to attempt to back up your speculation.

This is not a statement.
It is a question. The statement that immediately follows is the back up. The former explains the latter. It's one explanation for what's going on. Not the best, not the worst. For your delectation and appreciation, I've put another one below.

If you could stick to the topic of bitcoin, then maybe we would not be delving into this land of irrelevance and your supposed "expertise" in a non-topical issue, your stupid-ass attempts at arm-chair diagnosis of psychology.

This is definitely projection.
Here's how we can be sure. If you answer this post, you will be the one further 'delving into this land of irrelevance', proving me incontrovertibly right. Go on. Answer
And that, my friend, is called 'Reverse Psychology'.


On-topic: China had relatively little effect and my guess is that the ETF won't have a dramatic impact, one way or another. Markets don't exactly react to news, they treat it as an excuse to go where they want to anyway. Hence the headlines that say: USD fell in response to disappointing jobs data // USD rose despite disappointing jobs data. We've been in a strong uptrend for months with no real sign of a bubble or blow-off top, so I'm expecting that to continue until such time as it looks like it's overcooked things. At which point China, the ETF or some other reason will provide the 'reason' to switch to bear mode.

Beer o'clock. Over and out.

[promomei]

Monday- huge dump begging new reality here   

[JimboToronto]

Gold partiy is not a lousy ounce, but 1 kg gold 

I thought it was 400 troy ounces (12.4kg). 

I'll take parity with either. 

[jackjack]

Monday- huge dump begging new reality here   

Monday nothing happens

[JimboToronto]

Monday- huge dump begging new reality here   

Why Monday?

Coins to be sold can be moved at any time. It's fiat currency to buy coins that's restricted by banking hours.

If anything, Monday should bring an upsurge.

[PoolMinor]

Also, you are claiming that we are in a downwards spiraling wedge at the moment..

Please look at the picture where I said we are here, did you notice the low part of the wedge is going up, not down?

and you were even implying (though you deny such) that the $800 would be coming sooner.. (but now you seem to be putting that $800 claim a bit further into the future.

Again, just because you jump to conclusions and make inferences based on not actually reading what is typed (even though you quote it) does not make it an implication.
BTW this is not the first time you quoted me and inferred something I never said. And most likely will not be the last.

99% chance!

https://s30.postimg.org/p289x8vj5/844854685.png

Except $1080 is not moon. Accordingly, if 'moon and three sad kitties' has any validity at all (as if), we'd currently be existing the small drop after the booster stage.

Again - $1080 is not moon. $3 was moon in its day, as were $32, $266, and $1117. Today, moon would be somewhere around $7669.

You're correct the moon part of that was January, please look at the picture before responding.



Edit:
$1040->975->$1020->$1005->maybe upwards (more likely end of wedge [60% chance])

[JimboToronto]

please look at the picture before responding.

LOL You take that ridiculous childish "chart" seriously?

That's almost as whacky as your claims earlier that Thursday's dip wasn't caused by Bitcoin withdrawals being suspended at 2 major Chinese exchanges. You seemed to really want to take the credit for predicting it.

I know you confess to being a minor in your username, but just how young are you?

[bitebits]

https://twitter.com/ARKblockchain/status/830449521327009794

[PoolMinor]

please look at the picture before responding.

LOL You take that ridiculous childish "chart" seriously?

That's almost as whacky as your claims earlier that Thursday's dip wasn't caused by Bitcoin withdrawals being suspended at 2 major Chinese exchanges. You seemed to really want to take the credit for predicting it.

I know you confess to being a minor in your username, but just how young are you?

First of all that is not my chart, I used it because apparently me using words and people inferring things that aren't being said hasn't been working.


You and everyone else here believing that propaganda. If people here would realize that the 3 or 4 agencies that keep reporting this nonsense argument is propaganda then the better this thread would be.


I am much beyond your intellect to respond to your last query. And until your contribution to this thread improves, back on ignore with you.

[bitcoinvest]

please look at the picture before responding.

LOL You take that ridiculous childish "chart" seriously?

That's almost as whacky as your claims earlier that Thursday's dip wasn't caused by Bitcoin withdrawals being suspended at 2 major Chinese exchanges. You seemed to really want to take the credit for predicting it.

I know you confess to being a minor in your username, but just how young are you?

First of all that is not my chart, I used it because apparently me using words and people inferring things that aren't being said hasn't been working.


You and everyone else here believing that propaganda. If people here would realize that the 3 or 4 agencies that keep reporting this nonsense argument is propaganda then the better this thread would be.


I am much beyond your intellect to respond to your last query. And until your contribution to this thread improves, back on ignore with you.

in this life that we run all time i forgot totally about the ignore button and really thank for remembering that! i really enjoy this thread, 1st time here i think at ~3.000 page.
Since then i not remember me going out Can i ask your opinion how you see movement from here? my feeling yesterday proved wrong, i was expecting we go down but not happened.
Any good information or idea what the next days will bring us?

[JimboToronto]

I am much beyond your intellect to respond to your last query. And until your contribution to this thread improves, back on ignore with you.

LOL There you go again.  

I think you're the one that more intelligent people here have on ignore.

Don't flatter yourself with aspirations of being anyone's intellectual superior. You're not.
________

I'd put you on ignore myself except I find your mindless blathering entertaining. Same reason I don't have Kwukduck on ignore.

The only users I've ever had on ignore were truly obnoxious... MatTheCat and the original NotLambChop. You're not in their league.

Oops, I just remembered. You have me on ignore. LOL

 

[bitcoinvest]

I am much beyond your intellect to respond to your last query. And until your contribution to this thread improves, back on ignore with you.

LOL There you go again.  

I think you're the one that more intelligent people here have on ignore.

Don't flatter yourself with aspirations of being anyone's intellectual superior. You're not.
________

I'd put you on ignore myself except I find your mindless blathering entertaining. Same reason I don't have Kwukduck on ignore.

The only users I've ever had on ignore were truly obnoxious... MatTheCat and the original NotLambChop. You're not in their league.

Oops, I just remembered. You have me on ignore. LOL

 

not that it's my business but i think this lead us nowhere... i think exchange information and speak and of course speculation is this reason of the thread...
Let's do that and put some water to your wine.... life is good! i not support Poolminor or you.... let's go back to speculation love people and where love can't be there is always the ignore button that i have to say that with poolminor post that happened to read i know can use it again! anybody to share opinion regarding price on upcoming days?

[JayJuanGee]

Oh?  now you are trying to act as if you are some kind of "expert" in the topic.    Maybe your "therapist" status shows that you want to be in "control"

This is not 'substantive'.

This is called responding to your derailment.

What you are an expert in is avoiding addressing topics, and taking matters personally and diversion... If you just attempted to respond to the substance of my post in regards to bitcoin and the questions that I asked you in terms of backing up your bitcoin related claims:

This is projection.

Again.. merely responding to your derailment.  Whether I am projecting or not, who gives a ratt's ass?  If you would merely respond to the substantive post, then there would be no need for supposed "projection" from me, you wanna be armchair "expert"

(here's your statement:  "Is it possible that the Chinese exchanges have been faking volumes even since the last talk with PBoC, which resulted in them starting to charge fees? That would help explain why this week's PBoC intervention hasn't had much of an impact."), and I had asked some questions from you to attempt to back up your speculation.

This is not a statement.
It is a question. The statement that immediately follows is the back up. The former explains the latter. It's one explanation for what's going on. Not the best, not the worst. For your delectation and appreciation, I've put another one below.

Whatever it is does not matter.  You still have not even attempted to answer.  You merely get caught up in irrelevant technicalities.

If you could stick to the topic of bitcoin, then maybe we would not be delving into this land of irrelevance and your supposed "expertise" in a non-topical issue, your stupid-ass attempts at arm-chair diagnosis of psychology.

This is definitely projection.

still nothing but repetition here.

Here's how we can be sure. If you answer this post, you will be the one further 'delving into this land of irrelevance', proving me incontrovertibly right. Go on. Answer

I'm just responding to your dumb ass, and yeah, your attempt to control the narrative by defining what a response from me would mean.. pure nonsense and fantasy from your seeming desire to play games.

And that, my friend, is called 'Reverse Psychology'.

It is only a kind of reverse psychology that works if the other person is willing to play your framing games, or to play on your inadequate and wishful self-aggrandizing terms.

On-topic: China had relatively little effect and my guess is that the ETF won't have a dramatic impact, one way or another. Markets don't exactly react to news, they treat it as an excuse to go where they want to anyway. Hence the headlines that say: USD fell in response to disappointing jobs data // USD rose despite disappointing jobs data. We've been in a strong uptrend for months with no real sign of a bubble or blow-off top, so I'm expecting that to continue until such time as it looks like it's overcooked things. At which point China, the ETF or some other reason will provide the 'reason' to switch to bear mode.

Beer o'clock. Over and out.

o.k.  maybe a little bit on topic and substantive?  Does not really respond to my previous questions, but likely my previous questions do not really even matter any more because you have diverted long enough that the previous topic has been forgotten, and maybe I don't even care anymore to hear your response.. which seems like you probably did not have any specific ideas anyway, beyond vague generalities.

[JimboToronto]

not that it's my business but i think this lead us nowhere... i think exchange information and speak and of course speculation is this reason of the thread...
Let's do that and put some water to your wine.... life is good! i not support Poolminor or you.... let's go back to speculation love people and where love can't be there is always the ignore button that i have to say that with poolminor post that happened to read i know can use it again! anybody to share opinion regarding price on upcoming days?

No problem. I usually take other people's bullshit in stride. I just found his condescending attitude really annoying after a while. I'll leave it at that. Sorry for feeding the trolls.
______

As for sharing opinions regarding prices in upcoming days, I see continuing upward movement. There's no real reason for the price to fall. Sorry, "technical analysis" doesn't count.

We weathered the actual freezing of Bitcoin withdrawals (as compared with last month's mere rumors) with a short day's dip into triple digits.

There are fewer bitcoins leaving China, thereby decreasing supply to a presumably steady demand. Meanwhile, the prices on the Chinese exchanges have almost caught up to those on the western exchanges. The people most affected by the freeze don't seem to be panicking.

In the rest of the world, Bitcoin continues to expand. I find it all very bullish. JMHO.
______

Edit: While I see the overall trend as upward, it could also go sideways for a few days just to consolidate.

[Killerpotleaf]

typical weekend action ( or lack thereof ).

Monday it'll become more clear that sub 1000 is history.

i'm thinking new ATH by the end of next week.

[JimboToronto]

typical weekend action ( or lack thereof ).

Monday it'll become more clear that sub 1000 is history.

i'm thinking new ATH by the end of next week.

I can't really argue with that. Upward is the obvious direction. It's just a matter of how soon.

I think we'll see some sideways movement before the big surge past the ATH. Then again I thought it would take a couple of days to get back over $1000 after Thursday's withdrawal freeze fiasco. Instead it took less than a day.

I'd rather say by the end of the month than by the end of the week.

[Fakhoury]

typical weekend action ( or lack thereof ).

Monday it'll become more clear that sub 1000 is history.

i'm thinking new ATH by the end of next week.

I can't really argue with that. Upward is the obvious direction. It's just a matter of how soon.

I think we'll see some sideways movement before the big surge past the ATH. Then again I thought it would take a couple of days to get back over $1000 after Thursday's withdrawal freeze fiasco. Instead it took less than a day.

I'd rather say by the end of the month than by the end of the week.

What do you think about the ETF brother ?

Are you aware that COIN ETF have a newly created official twitter accounted created the day before yesterday ?

[JimboToronto]

What do you think about the ETF brother ?

Are you aware that COIN ETF have a newly created official twitter accounted created the day before yesterday ?

Yes, I saw that.

I don't know if it's just the Winklevoss bros jumping the gun. They didn't make any official announcement, nor has anyone else, and the hearing is still a month away. Maybe they have some reason to believe it's already been decided and are unable to say so, but I doubt it. Remember it's only social media. Anyone can post whatever they want.

I'll just wait until March 11 to see, like everyone else. Hopefully by then we'll already be at a new ATH.

[Fakhoury]

What do you think about the ETF brother ?

Are you aware that COIN ETF have a newly created official twitter accounted created the day before yesterday ?

Yes, I saw that.

I don't know if it's just the Winklevoss bros jumping the gun. They didn't make any official announcement, nor has anyone else, and the hearing is still a month away. Maybe they have some reason to believe it's already been decided and are unable to say so, but I doubt it. Remember it's only social media. Anyone can post whatever they want.

I'll just wait until March 11 to see, like everyone else. Hopefully by then we'll already be at a new ATH.

But take care of something, we've deals with top-notch financial institutions, website, logo ... etc. ?

Are they in for losing their credibility easily ?

I understand that it's only social media, but why they didn't wait for the hearing at the 11th then create that account unless, in a way or another, they are sure they will have the ETF operated ?!