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

[notme]

No reason for bitcoin to rise? LOL
Do people really hang out on these forums and still not get it?

Go read the bitcoin whitepaper, think about future implications of this technological advancement. Look up the increasing bitcoin demand that is happening on a global scale already.

Yep, definitely no reason for a price increase...

Exactly. Those who don't bother to really learn, research or understand things very deeply, if at all = low information sheeple, err I meant people. Low information people  

Man I was talking about short term, I repeat SHORT.

Don't panic! If you can't buy now you'll have chance to buy at 1300 on Monday.

All of you (or most of you) are really trusting that we will see blind green candle. Okay, I don't think so. When everyone is saying that BTC will rise (I'm talking about short term) everyone is buying, but that's just blind move imo. Big Bears want to pump price to get better profits on their shorts. Sooner or later we will see drop.

Why?  What evidence do you have that it will drop?  Lots of people seem to be expecting that, but I just can't understand what would cause that to happen.  Leveraged longs are low, leveraged shorts are high.  Demand has been pent up awaiting the decision.  Anyone who wanted to sell has sold.

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[Lauda]

ETF denied, two days later back at >$1200. Extremely bullish sign?

[becoin]

No reason for bitcoin to rise? LOL
Do people really hang out on these forums and still not get it?

Go read the bitcoin whitepaper, think about future implications of this technological advancement. Look up the increasing bitcoin demand that is happening on a global scale already.

Yep, definitely no reason for a price increase...

Exactly. Those who don't bother to really learn, research or understand things very deeply, if at all = low information sheeple, err I meant people. Low information people  

Man I was talking about short term, I repeat SHORT.

Don't panic! If you can't buy now you'll have chance to buy at 1300 on Monday.

All of you (or most of you) are really trusting that we will see blind green candle. Okay, I don't think so. When everyone is saying that BTC will rise (I'm talking about short term) everyone is buying, but that's just blind move imo. Big Bears want to pump price to get better profits on their shorts. Sooner or later we will see drop.

Dh okay, now I got it. If you want to sell you have to buy, right?

[JayJuanGee]

No reason for bitcoin to rise? LOL
Do people really hang out on these forums and still not get it?

Go read the bitcoin whitepaper, think about future implications of this technological advancement. Look up the increasing bitcoin demand that is happening on a global scale already.

Yep, definitely no reason for a price increase...

Exactly. Those who don't bother to really learn, research or understand things very deeply, if at all = low information sheeple, err I meant people. Low information people  

Man I was talking about short term, I repeat SHORT.

Don't panic! If you can't buy now you'll have chance to buy at 1300 on Monday.

All of you (or most of you) are really trusting that we will see blind green candle. Okay, I don't think so. When everyone is saying that BTC will rise (I'm talking about short term) everyone is buying, but that's just blind move imo. Big Bears want to pump price to get better profits on their shorts. Sooner or later we will see drop.

You are blind, if you think that participants in this thread are delusional bulls.

Sure, some folks are more bullish and more delusional than others, but you seem to be missing a large piece of the picture if you are either suggesting that bitcoin is a mature technology (and should behave as such) or you might just not understand the possibility of the s curve in exponential growth adoption and networking effects. 

You may still have some time to save your short, and buy a little at $1200, if it dips down.. but I would not count on it... hahahahahaha

[rjclarke2000]

This is quite astonishing. If it stays around this level after tomorrow (being the first working day back after ETF news) I'll be very confident we will not see a dump.

[Elwar]

Just had someone try to log into my ANX Pro exchange account. That site used the Cloudflare thing that was hacked a few weeks ago.

Just FYI.

They didn't get in, I don't have anything on any exchanges anymore anyway. All cold storage at this point.

IP address was India though that is likely spoofed.

[mckk]

No reason for bitcoin to rise? LOL
Do people really hang out on these forums and still not get it?

Go read the bitcoin whitepaper, think about future implications of this technological advancement. Look up the increasing bitcoin demand that is happening on a global scale already.

Yep, definitely no reason for a price increase...

Exactly. Those who don't bother to really learn, research or understand things very deeply, if at all = low information sheeple, err I meant people. Low information people  

Man I was talking about short term, I repeat SHORT.

Don't panic! If you can't buy now you'll have chance to buy at 1300 on Monday.

All of you (or most of you) are really trusting that we will see blind green candle. Okay, I don't think so. When everyone is saying that BTC will rise (I'm talking about short term) everyone is buying, but that's just blind move imo. Big Bears want to pump price to get better profits on their shorts. Sooner or later we will see drop.

Dh okay, now I got it. If you want to sell you have to buy, right?

You start buying, speed up carousel, then you start backing off. Others see the hype, buy more, more and more. Then you go in with shorts and drop the price, another panick starts, people sell and price go lower and lower, you realise your short and you're the king =)

[Meuh6879]

China Sunday Pump.

[Elwar]

The next thing to move the price will be when China starts allowing Bitcoin withdrawals.

Not that the price needs much help in moving.

[becoin]

No reason for bitcoin to rise? LOL
Do people really hang out on these forums and still not get it?

Go read the bitcoin whitepaper, think about future implications of this technological advancement. Look up the increasing bitcoin demand that is happening on a global scale already.

Yep, definitely no reason for a price increase...

Exactly. Those who don't bother to really learn, research or understand things very deeply, if at all = low information sheeple, err I meant people. Low information people  

Man I was talking about short term, I repeat SHORT.

Don't panic! If you can't buy now you'll have chance to buy at 1300 on Monday.

All of you (or most of you) are really trusting that we will see blind green candle. Okay, I don't think so. When everyone is saying that BTC will rise (I'm talking about short term) everyone is buying, but that's just blind move imo. Big Bears want to pump price to get better profits on their shorts. Sooner or later we will see drop.

Dh okay, now I got it. If you want to sell you have to buy, right?

You start buying, speed up carousel, then you start backing off. Others see the hype, buy more, more and more. Then you go in with shorts and drop the price, another panick starts, people sell and price go lower and lower, you realise your short and you're the king =)

You're dreaming, buddy. Wake up!
I understand you've sold out you bitcoins but what can I say? Thank you for the cheap coins!

[Gillette]

The next thing to move the price will be when China starts allowing Bitcoin withdrawals.

Not that the price needs much help in moving.

When Chinese exchanges are going to allow btc withdrawals?

[HI-TEC99]

The next thing to move the price will be when China starts allowing Bitcoin withdrawals.

Not that the price needs much help in moving.

The next thing to move the price will be when the FED raises the rate next Wednesday, and the Yuan crashes because of it. Nothing starts the Chinese buying Bitcoins like the Yuan crashing.

[petahashminer]

1. etf hype

2. mass buy

3. etf rejected

4. weak hands cleared.

5. way to go.

NEXT

6. road to $2000 s open.

gg wp

[GGALINff]

damn,  need another dip to buy more

[Ted E. Bare]

damn,  need another dip to buy more

And so do many self proclaimed 'pro traders'. Good luck buying in.

[BitcoinNewsMagazine]

damn, need another dip to buy more

There was advice to place limit buy orders @ $1000 all over the place in case the ETF was rejected. Bitcoin will always have swings so your best bet now is to get fiat on your exchange of choice and place a buy order $200 to $250 under the current price to catch the next down day.

[mckk]

The next thing to move the price will be when China starts allowing Bitcoin withdrawals.

Not that the price needs much help in moving.

The next thing to move the price will be when the FED raises the rate next Wednesday, and the Yuan crashes because of it. Nothing starts the Chinese buying Bitcoins like the Yuan crashing.

That's actually strong point. If we don't see correction until wednesday, i will start thinking about going long.

Do i remember correctly that FED give info about rates in the morning Wall Street Time? Like 9AM there?

[becoin]

The next thing to move the price will be when China starts allowing Bitcoin withdrawals.

Not that the price needs much help in moving.

The next thing to move the price will be when the FED raises the rate next Wednesday, and the Yuan crashes because of it. Nothing starts the Chinese buying Bitcoins like the Yuan crashing.

Bitcoin doesn't care about FED. Bitcoin has the lowest price correlation with FED ruled asset classes. This has been proved many times during past 8 years.

[Torque]

ETF denied, two days later back at >$1200. Extremely bullish sign?

The SEC be like:

[savetherainforest]

Trapped all you guys waiting to buy the dip good!!
Ingenious!!

I guess 1300$ will be the new bottom.  

it will be most likely

I think a lot of folks were waiting for ETF news to buy,  now they need to buy without ETF
I bought some on the dip,  but have more dry powder to buy more if it dips again

We are in the dip! And we are not coming back here!






And this is my conservative prediction. (Not my bullish pixie dust madness unicorns delusions!)

*Edit:  Because in Jun / July the banking crashes will be common knowledge and there will be less and less people dumping or keeping their coins on the exchanges!