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

[bitserve]

Lubing up for a drop below $2000 over the weekend. I has a sad about Bitcorn lately

i really never see the logics of this forum...

1. yesterday i posted exactly 20 minutes before the dump, that it felt like the dump was gonna happen in matter of mins / hours.
2. i even asked for other peoples opinions about it
3. majority wanted to hung me for not following the "to the moon" thing
4. Dump happened (and the "denial" phase kicked in for most fanbois here)
 

Now:

second bottom hit, pretty near same levels, all signals indicate that most likely some rebound incoming with some price consolidation time... during the weekend. This looks like the most plausible scenario to me, by looking at charts.

Of course, everything can happen, it can go lower. But in the short term, and by that i mean -> "this weekend" and probably longer, i see it stable and breaking upwards.

So, if you are a noob and you are reading these, beware of all these "bitcoin going to 500$" and "these weekend will drop below 2000$". They arent the oracle, nor am i. demand for opinions with TA analysis behind also, not for crazy theories about asia demographics or for statements like "ive been here since 2010 and its always the same, it WILL go to 1600$ tomorrow so sell sell sell

jesus motherfuking crist, this place is like a southpark episode

Bitcoin is done. I don't even know why you keep losing time doing predictions. Soon everyone that has Bitcoin will even have to pay for holding... or worse!

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[ARTISTCOLONY]

Lubing up for a drop below $2000 over the weekend. I has a sad about Bitcorn lately

i really never see the logics of this forum...

1. yesterday i posted exactly 20 minutes before the dump, that it felt like the dump was gonna happen in matter of mins / hours.
2. i even asked for other peoples opinions about it
3. majority wanted to hung me for not following the "to the moon" thing
4. Dump happened (and the "denial" phase kicked in for most fanbois here)
 

Now:

second bottom hit, pretty near same levels, all signals indicate that most likely some rebound incoming with some price consolidation time... during the weekend. This looks like the most plausible scenario to me, by looking at charts.

Of course, everything can happen, it can go lower. But in the short term, and by that i mean -> "this weekend" and probably longer, i see it stable and breaking upwards.

So, if you are a noob and you are reading these, beware of all these "bitcoin going to 500$" and "these weekend will drop below 2000$". They arent the oracle, nor am i. demand for opinions with TA analysis behind also, not for crazy theories about asia demographics or for statements like "ive been here since 2010 and its always the same, it WILL go to 1600$ tomorrow so sell sell sell

jesus motherfuking crist, this place is like a southpark episode

almost $2500 on yobit ..buy buy buy *rocketzzz*

https://yobit.net/en/trade/BTC/USD

[STT]

1929 crash followed establishment and actions of the FED.   We dont have that kind of loose standard, we have the secondary effects of dollar inflation maybe but thats just 1 currency.  I hope we rise above being tied to one fate

It is more important to realize that in the USA it is a long weekend due to a holiday, the banks won't be transferring any $ until Tuesday. This is not the first holiday weekend that has seen huge dumps. The people that will have the most money on the exchanges this weekend are the people that sold, not the people that are waiting on wired funds to buy the "cheap" coins. Expect to see a rise in price Monday afternoon, I wouldn't try to catch any knives until the earliest of Sunday evening.

But I don't know anything for sure, just merely speculation and history.

Again does USA determine everything, volume could be lower over a holiday like the xmas trading effect in stocks.  Inversely that can become bullish, I did think that also but Im not sure bitcoin is in the main tied to business hours in that way, not for 1 country.  Holidays are an influence and bitcoin I hope is a mixing point of alot more global influences, some trade demand would be good of course.  Its irritating that isnt made a priority as we move away from block reward its part of whats required, always appeared that way afaik


Anyhow I see trends still showing positive till a downtrend can prove itself.  A good battle between the two is a good thing hopefully for distribution if nothing else.
Targets to beat, 2470 of course 2358 and 2225.  1940 below would relate to a slower uptrend more true of April then May and also very roughly a support line

[European Central Bank]

Lubing up for a drop below $2000 over the weekend. I has a sad about Bitcorn lately

i really never see the logics of this forum...

1. yesterday i posted exactly 20 minutes before the dump, that it felt like the dump was gonna happen in matter of mins / hours.
2. i even asked for other peoples opinions about it
3. majority wanted to hung me for not following the "to the moon" thing
4. Dump happened (and the "denial" phase kicked in for most fanbois here)
 

Now:

second bottom hit, pretty near same levels, all signals indicate that most likely some rebound incoming with some price consolidation time... during the weekend. This looks like the most plausible scenario to me, by looking at charts.

Of course, everything can happen, it can go lower. But in the short term, and by that i mean -> "this weekend" and probably longer, i see it stable and breaking upwards.

So, if you are a noob and you are reading these, beware of all these "bitcoin going to 500$" and "these weekend will drop below 2000$". They arent the oracle, nor am i. demand for opinions with TA analysis behind also, not for crazy theories about asia demographics or for statements like "ive been here since 2010 and its always the same, it WILL go to 1600$ tomorrow so sell sell sell

jesus motherfuking crist, this place is like a southpark episode

why get uptight? why talk about it? trade it.

[orpington]

Lubing up for a drop below $2000 over the weekend. I has a sad about Bitcorn lately

i really never see the logics of this forum...

1. yesterday i posted exactly 20 minutes before the dump, that it felt like the dump was gonna happen in matter of mins / hours.
2. i even asked for other peoples opinions about it
3. majority wanted to hung me for not following the "to the moon" thing
4. Dump happened (and the "denial" phase kicked in for most fanbois here)
 

Now:

second bottom hit, pretty near same levels, all signals indicate that most likely some rebound incoming with some price consolidation time... during the weekend. This looks like the most plausible scenario to me, by looking at charts.

Of course, everything can happen, it can go lower. But in the short term, and by that i mean -> "this weekend" and probably longer, i see it stable and breaking upwards.

So, if you are a noob and you are reading these, beware of all these "bitcoin going to 500$" and "these weekend will drop below 2000$". They arent the oracle, nor am i. demand for opinions with TA analysis behind also, not for crazy theories about asia demographics or for statements like "ive been here since 2010 and its always the same, it WILL go to 1600$ tomorrow so sell sell sell

jesus motherfuking crist, this place is like a southpark episode

why get uptight? why talk about it? trade it.

Its just that people never fucking listen!!  lol

[European Central Bank]

Its just that people never fucking listen!!  lol

let them burn. no one here listens to anyone anyway. they're all stuck in their positions and want some affirmation from strangers that'll probably never come.

and here's a cool stat - https://www.reddit.com/r/BitcoinMarkets/comments/6deopl/daily_discussion_friday_may_26_2017/di3fto6/

61% of the volume on japan's biggest exchange is down to three people. we have our new china but now it's even more obvious.

[deepcolderwallet]

Guys, i made so much on altcoin/bitcoin, i now can choose, where i would live and buy a small house.
No wife or kids or any chains whatsoever, my demands are humble, and I´m free.
Any recommendations ?
But it should be a bitcoin-friendly country.
Buying a Lambo is stupid.

You´re all talking about england, i´m talking about small little friendly people, who welcome me, when i arrive.

I'd suggest Chile.

[orpington]

Guys, i made so much on altcoin/bitcoin, i now can choose, where i would live and buy a small house.
No wife or kids or any chains whatsoever, my demands are humble, and I´m free.
Any recommendations ?
But it should be a bitcoin-friendly country.
Buying a Lambo is stupid.

You´re all talking about england, i´m talking about small little friendly people, who welcome me, when i arrive.

I'd suggest Chile.

How about Munchkin Country?

[r0ach]

and here's a cool stat - https://www.reddit.com/r/BitcoinMarkets/comments/6deopl/daily_discussion_friday_may_26_2017/di3fto6/

61% of the volume on japan's biggest exchange is down to three people. we have our new china but now it's even more obvious.

One single person/entity on Bitfinex has controlled the entire bitcoin market from $200 till now.  The only time that person/entity wasn't controlling the market was when the price briefly went higher on Bitstamp and GDAX when it was like $2700 recently.  Some people liked to make believe exchanges like Huobi controlled the market for a while, but they just use fake volume to paint the tape and they could never move the market higher than exchanges like Finex allowed.

The rare exception to this rule might be that one enormous OKcoin short squeeze, but it might be the same entity from Bitfinex squeezing OKcoin shorters too.  Whether the price of bitcoin is high or low, the price is always based on a tiny handful of fraudulent actors and a few crooked exchanges.  The sole actor controlling the market is just as likely to be the exchange owner himself as an external entity as well.  We've already seen this precedent with Gox and it probably still continues to this day.

Poloniex is another fishy example.  It used to be where 2000 BTC volume for a coin per day was huge, then overnight suddenly every coin has 50,000 BTC volume for no reason.  I have a feeling there is something not good going on behind the scenes of that.

[Dabs]

Guys, i made so much on altcoin/bitcoin, i now can choose, where i would live and buy a small house.
No wife or kids or any chains whatsoever, my demands are humble, and I´m free.
Any recommendations ?
But it should be a bitcoin-friendly country.
Buying a Lambo is stupid.

You´re all talking about england, i´m talking about small little friendly people, who welcome me, when i arrive.

I replied to your thread. My country has large houses, cheap food, cheap household help, full service gas stations, and drivers that double as bodyguards. And nice beaches.

[pfrtlpfmpf]

Guys, i made so much on altcoin/bitcoin, i now can choose, where i would live and buy a small house.
No wife or kids or any chains whatsoever, my demands are humble, and I´m free.
Any recommendations ?
But it should be a bitcoin-friendly country.
Buying a Lambo is stupid.

You´re all talking about england, i´m talking about small little friendly people, who welcome me, when i arrive.

I replied to your thread. My country has large houses, cheap food, cheap household help, full service gas stations, and drivers that double as bodyguards. And nice beaches.

But the Taifunes, i´m sorry, you can´t deny that. I live in southeast-asia, and i had my fair share of that !

[Richy_T]

You´re all talking about england, i´m talking about small little friendly people, who welcome me, when i arrive.

Loompaland?

[PoolMinor]

Lubing up for a drop below $2000 over the weekend. I has a sad about Bitcorn lately

i really never see the logics of this forum...

1. yesterday i posted exactly 20 minutes before the dump, that it felt like the dump was gonna happen in matter of mins / hours.
2. i even asked for other peoples opinions about it
3. majority wanted to hung me for not following the "to the moon" thing
4. Dump happened (and the "denial" phase kicked in for most fanbois here)
 

Now:

second bottom hit, pretty near same levels, all signals indicate that most likely some rebound incoming with some price consolidation time... during the weekend. This looks like the most plausible scenario to me, by looking at charts.

Of course, everything can happen, it can go lower. But in the short term, and by that i mean -> "this weekend" and probably longer, i see it stable and breaking upwards.

So, if you are a noob and you are reading these, beware of all these "bitcoin going to 500$" and "these weekend will drop below 2000$". They arent the oracle, nor am i. demand for opinions with TA analysis behind also, not for crazy theories about asia demographics or for statements like "ive been here since 2010 and its always the same, it WILL go to 1600$ tomorrow so sell sell sell

jesus motherfuking crist, this place is like a southpark episode

Do you still see this stability? I don't see stability until Monday after the UK bank holiday.

[preshpresh]

are we stabilizing?

[deepcolderwallet]

Bitfinex $ 200 cheaper than Stamp??
Is it correct?
 

[luckygenough56]

yeah what is wrong with stamp ?

[smracer]

New money coming into Coinbase?  Maybe that is keeping Stamp higher?

[luckygenough56]

whales have them shorts opened above 2000, should be steep drop from here

[e-coinomist]

Lubing up for a drop below $2000 over the weekend. I has a sad about Bitcorn lately

made some very lucrative shorts today. Weak-ends and special holydays are always teh rite moment to short BTC

[BlindMayorBitcorn]

Lubing up for a drop below $2000 over the weekend. I has a sad about Bitcorn lately

made some very lucrative shorts today. Weak-ends and special holydays are always teh rite moment to short BTC

Except those times when it's not. Then it isn't.