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

[Lauda]

I strongly disagree at this point. Maybe im new but all pro forex traders uses TA for their trades. You will also call them stupid people?

The bolded right there is what makes them *stupid*. Nobody calls themselves a "pro forex trader" unless they are desperately in need of approval. Comparing forex trading to Bitcoin trading is also a logical fallacy.
Testing $1190-$1200 again.

[HI-TEC99]

If we take a look for a while at TA:

If you want to be successful investor forget about TA!
TA is a fishnet to catch small fish.

Well, what's your recommendation for me then?   Play with your emotions, "sense" or so called "feelings"? That's stupid. I always thought TA is the 1st thing which has to be done before investing any serious money into any kind of investment such as stocks, forex, bitcoin etc.

Stupid are people that don't understand TA is just a graphical representation of their emotions. They see the picture what they want to see.

Does posting that chart mean you are a TA expert?

If you are then why did you make a terrible Bitcoin price movement prediction not so long ago? I remember your admission it was wrong was very funny.

I was wrong!!






-PoolMinor
-Sue me

[PoolMinor]

Does posting that chart mean you are a TA expert?

If you are then why did you make a terrible prediction not so long ago? I remember your admission it was wrong was very funny.

Wrong once before doesn't make me wrong every time. It is only a failure if I don't keep trying. All I know is I sold at $1270 on March 3 and bought back at $975

[mckk]

Well, TA is never 100% right - that's why people lose imho, when few times price goes in oppsite direction to their assumptions they start to play with feelings or they just stop believing their TA predictions.

However if they stick to TA in 100% of their decisions they will have strong chance of earning some cash, because sooner or later they will learn how to use TA with win ratio abouve 50% - which starts generating profit. But you need to be a real tryhard and learn to lose to learn this.

Despite im complete noob, i can easily see some good signals in last month, eg. find some falling stars:
8th march 11:00 - http://s1.screenshot.sh/data/2017/3/11/12/59c13b356a39d40ee9d3a2c32fbe8a21.jpg
24th february 15:00 - http://s1.screenshot.sh/data/2017/3/11/12/27ca744f782a5c5ae4a26e4b158456b5.jpg

[STT]

Ideally posting on this thread for the buy then the sell might be then worth noting after, otherwise its all done retrospect.    I get your point about weakness after the doji but the time frame is arbitrary, how did it look on 4h

They just think they do. Just because there are multiple ways of checking gold's price does not mean that the market cannot be manipulated.
The SEC is just living in a fool's world.

Bullish price in looks, where is collated volume data though.  Price is maybe excessively buoyant to come back so quick each time but its a small market used globally. A reset is a good thing to mix it up, its retraced the price since year start and that helps to confirm price so seems more correct then if it never went down.

[Ibian]

Hey everyone. Well the good news is my wife is very happy! She is back from her mothers and believes I am not a complete fool once more. Sold at $1196 on stamp so everyone is happy.
I didnt lose anything. In face made a tiny bit. She isn't leaving me anymore.

Now all that is left to do is cry into a pillow because I have no position.

She says if I do this again she will kill me, but on the crash we must have this weekend as we shake out weak hands Ill be back  
No one tell me wife

You are the biggest loser I have seen on this board. Are your posts a joke? I'm really sorry for you if they aren't...

I bought my house my wife and kids live in with profit from bitcoin over the years.

Blow me 

Then what the hell is she doing telling you what you can do and what are you doing putting up with it?

[york780]

I am seeing green dildo's again. Bitcoin cant be stopped. 200 EUR bounce back in a couple of hours? No problem.

[Meuh6879]

It was a good week ... cheap coins !

[Torque]

I find it strange that they did not accept the ETF because they could not regulate every bit of it.
How do they regulate all of the gold in the world for the GLD ETF?

They just think they do. Just because there are multiple ways of checking gold's price does not mean that the market cannot be manipulated.
The SEC is just living in a fool's world.

I think it is actually even worse than this. The SEC pretty much confirmed that A) the major of bitcoins out there is unknown and already in the hands of people that they can't control, and B) the exchanges and thus the people involved can't be "surveiled" and tracked.

If you look at all that jargon in reverse, what they're basically saying is that ANY SEC-approved, market-traded financial instrument is both a) rigged against the masses, and b) surveiled and controlled.

[becoin]

If we take a look for a while at TA:

If you want to be successful investor forget about TA!
TA is a fishnet to catch small fish.

Well, what's your recommendation for me then?   Play with your emotions, "sense" or so called "feelings"? That's stupid. I always thought TA is the 1st thing which has to be done before investing any serious money into any kind of investment such as stocks, forex, bitcoin etc.

Stupid are people that don't understand TA is just a graphical representation of their emotions. They see the picture what they want to see.

I strongly disagree at this point. Maybe im new but all pro forex traders uses TA for their trades. You will also call them stupid people?

Of course, they are stupid. 95% of the so called FX traders are losers! Lost money is just the price they pay for their adrenaline addiction. If you need high adrenaline levels in your blood, bungee jumping is much more effective and cheaper than FX trading!

[Ibian]

I find it strange that they did not accept the ETF because they could not regulate every bit of it.
How do they regulate all of the gold in the world for the GLD ETF?

They just think they do. Just because there are multiple ways of checking gold's price does not mean that the market cannot be manipulated.
The SEC is just living in a fool's world.

I think it is actually even worse than this. The SEC pretty much confirmed that A) the major of bitcoins out there is unknown and already in the hands of people that they can't control, and B) the exchanges and thus the people involved can't be "surveiled" and tracked.

If you look at all that jargon in reverse, what they're basically saying is that ANY SEC-approved, market-traded financial instrument is both a) rigged against the masses, and b) surveiled and controlled.

Yeah but we already knew that.

[Torque]

I find it strange that they did not accept the ETF because they could not regulate every bit of it.
How do they regulate all of the gold in the world for the GLD ETF?

They just think they do. Just because there are multiple ways of checking gold's price does not mean that the market cannot be manipulated.
The SEC is just living in a fool's world.

I think it is actually even worse than this. The SEC pretty much confirmed that A) the major of bitcoins out there is unknown and already in the hands of people that they can't control, and B) the exchanges and thus the people involved can't be "surveiled" and tracked.

If you look at all that jargon in reverse, what they're basically saying is that ANY SEC-approved, market-traded financial instrument is both a) rigged against the masses, and b) surveiled and controlled.

Yeah but we already knew that.

'Rigged against the masses' meaning that the wealthy elite can't corner the market, not in the beginning, and not ever. 

So how long until the World banks issue a pre-mined Bankcoin, sold/traded on bank owned and controlled exchanges, and the SEC says "yeah we'll approve the Bankcoin ETF, no problem." ?

[Ibian]

I find it strange that they did not accept the ETF because they could not regulate every bit of it.
How do they regulate all of the gold in the world for the GLD ETF?

They just think they do. Just because there are multiple ways of checking gold's price does not mean that the market cannot be manipulated.
The SEC is just living in a fool's world.

I think it is actually even worse than this. The SEC pretty much confirmed that A) the major of bitcoins out there is unknown and already in the hands of people that they can't control, and B) the exchanges and thus the people involved can't be "surveiled" and tracked.

If you look at all that jargon in reverse, what they're basically saying is that ANY SEC-approved, market-traded financial instrument is both a) rigged against the masses, and b) surveiled and controlled.

Yeah but we already knew that.

'Rigged against the masses' meaning that the wealthy elite can't corner the market, not in the beginning, and not ever. 

So how long until the World banks issue a pre-mined Bankcoin, sold/traded on bank owned and controlled exchanges, and the SEC says "yeah we'll approve the Bankcoin ETF, no problem." ?

Oh sure, that could happen. And it would then come crumbling down with the rest of the fiat economy.

[eddie13]

I predicted 713 after ETF fail and massive fud campaign, I knew I was wrong as soon as it dumped to around $1k, saw the spread open up and 1800 BTC sell orders get scarfed up like someone spilled a bag of crack in a back alley..

At that moment I thought "holy crap BTC is King Kong STRONG!" and knew, well thought, that the hit was going to be much less than anyone expected..

Now I think that one everyone realizes how much of an absolute beast BTC is, get over their fears of a second dump, BTC is going to pump..

"Wait till china wakes up, it will dump more" "People still haven't heard the news and will sell once they do".. Nope..
Like I said elsewhere, if you are plaing with enough BTC to put a dent in the market and you were sleeping at the expected news time, you are crazy and a bad trader..
China whales sleeping at the deadline? Yeah right, if they aren't working in shifts playing their massive capitol they would be failed whales in no time..

I'm out of a fiat exchange right now but almost hedged in dash during the kill but forgot I was ban evading on a different account with no capitol in it so missed it, lol..
I'm very pleased with these results..

I need to round up my balls, trade more aggressively, put it on the line, and trust my gut more..

[spooderman]

is.....is that it??

wow bitcoin is mature these days.

[stereotype]

I find it strange that they did not accept the ETF because they could not regulate every bit of it.
How do they regulate all of the gold in the world for the GLD ETF?

They just think they do. Just because there are multiple ways of checking gold's price does not mean that the market cannot be manipulated.
The SEC is just living in a fool's world.

I think it is actually even worse than this. The SEC pretty much confirmed that A) the major of bitcoins out there is unknown and already in the hands of people that they can't control, and B) the exchanges and thus the people involved can't be "surveiled" and tracked.

If you look at all that jargon in reverse, what they're basically saying is that ANY SEC-approved, market-traded financial instrument is both a) rigged against the masses, and b) surveiled and controlled.

Yeah but we already knew that.

'Rigged against the masses' meaning that the wealthy elite can't corner the market, not in the beginning, and not ever. 

So how long until the World banks issue a pre-mined Bankcoin, sold/traded on bank owned and controlled exchanges, and the SEC says "yeah we'll approve the Bankcoin ETF, no problem." ?

Yep, and even easier to achieve if its R3-Bankcoin!

[Stevenirving]

Hey everyone. Well the good news is my wife is very happy! She is back from her mothers and believes I am not a complete fool once more. Sold at $1196 on stamp so everyone is happy.
I didnt lose anything. In face made a tiny bit. She isn't leaving me anymore.

Now all that is left to do is cry into a pillow because I have no position.

She says if I do this again she will kill me, but on the crash we must have this weekend as we shake out weak hands Ill be back  
No one tell me wife

You are the biggest loser I have seen on this board. Are your posts a joke? I'm really sorry for you if they aren't...

I bought my house my wife and kids live in with profit from bitcoin over the years.

Blow me 

Then what the hell is she doing telling you what you can do and what are you doing putting up with it?

THATS WHAT I SAID!

It wasn't well received unfortunately

[Searing]

I find it strange that they did not accept the ETF because they could not regulate every bit of it.
How do they regulate all of the gold in the world for the GLD ETF?

They just think they do. Just because there are multiple ways of checking gold's price does not mean that the market cannot be manipulated.
The SEC is just living in a fool's world.

I think it is actually even worse than this. The SEC pretty much confirmed that A) the major of bitcoins out there is unknown and already in the hands of people that they can't control, and B) the exchanges and thus the people involved can't be "surveiled" and tracked.

If you look at all that jargon in reverse, what they're basically saying is that ANY SEC-approved, market-traded financial instrument is both a) rigged against the masses, and b) surveiled and controlled.

Yeah but we already knew that.

'Rigged against the masses' meaning that the wealthy elite can't corner the market, not in the beginning, and not ever. 

So how long until the World banks issue a pre-mined Bankcoin, sold/traded on bank owned and controlled exchanges, and the SEC says "yeah we'll approve the Bankcoin ETF, no problem." ?

Crap that sounds like ether when it goes pos coin in July is it?

[European Central Bank]

Crap that sounds like ether when it goes pos coin in July is it?

when it is used by the banks the monetary value of it is gonna be long gone. all they want is the code to use as a program for their own purposes, not that the pumpers are gonna admit that.

[Elwar]

One of the critiques was from Professor Bitcorn stating that 50% of bitcoins are owned by less than 1000 people. Mark Zuckerburg alone owns almost 30% of Facebook and yet they are just fine with listing his little fund. Many companies list their stocks on the exchanges with most of the ownership belonging to two or three people.

And that high percentage number goes down over time as we all see the early adopters dump a large amount of their coins periodically.


I am willing to bet that they do not hold all future ETFs to such a high standard. I would be willing to write to the SEC during any open request for comments to ask if the new ETF fulfills all of the requirements that they rejected Bitcoin for.