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

[Torque]

There is no reason why the person behind satoshi nakamoto isn't a douche bag. They came up with a clever new idea (for whatever reason) and it caught on. Their original intention, their motivation and their personality are irrelevant. Who cares. It's a new kind of money, not a religion.

No fkn way that guy (CSW) was involved in anything remotely related to developing Bitcoin. He can't even prove that he knows shit about programming, much less anything else.

He is a straight up con artist. In fact he fits the very definition.

[gembitz]

There is no reason why the person behind satoshi nakamoto isn't a douche bag. They came up with a clever new idea (for whatever reason) and it caught on. Their original intention, their motivation and their personality are irrelevant. Who cares. It's a new kind of money, not a religion.

you don't get it... move along   #BTChurch is new to you i see..   ~Wright is a troll imo

[hv_]

Now back to $3800. Actually this isn't just the right time for next pump, bitcoin is going to take time for recovery.

We'll be seeing new highs in January, 2018, and not before that.

It might search for a double bottom around 3k .

[empowering]

Personally I'm a little surprised that the price isn't lower than it is in China. The amount of buyers should be a lot lower now than a month ago and being that the miners are dumping 50 mill worth of bitcoins every week, I don't understand how the price is sustained  

Meh the Chinese only accounted for like15% +/- of volume recently- and the recent ban tightening has done little to stifle actual demand -  unsurpsingly - actually it most likely will end up with a net increase in demand,

Its undervalued -so ....cheap coins...

PS not all miners "dump" and anyway I prefer "sell"

People WANT BTC - this is obvious ... and well.... obvious is obvious

Fluctuations of course are expected.

The fundamentals are still exactly the same as they were a month ago- and similar to what they will be ina months time too.. (and if anything the technicals have been helped a lot by the recent correction... now time for some consolidation.. and then......

Like a dog shaking off fleas.

[empowering]

Now back to $3800. Actually this isn't just the right time for next pump, bitcoin is going to take time for recovery.

We'll be seeing new highs in January, 2018, and not before that.

It might search for a double bottom around 3k .

Yes please

[Torque]

Hey guys, the stock market is going to go up forever! The public is sure of it.

[White sugar]

Come on bears, do it now!

[empowering]

There is no reason why the person behind satoshi nakamoto isn't a douche bag. They came up with a clever new idea (for whatever reason) and it caught on. Their original intention, their motivation and their personality are irrelevant. Who cares. It's a new kind of money, not a religion.

Which would make sense maybe if one had not read the whitepaper... and in all of the tone of Satoshis known writing... there is a distinct lack of douche...

CSW on the other hand... wreaks of douche dribble

[Karartma1]

Hey guys, the stock market is going to go up forever! The public is sure of it.

Interesting, even the huge economic catastrophe of Lehman Brothers et al. back in 2008 did not push it down much. Oh, yes it will go up forever!  
As far as I'm concerned, the only good thing that came out from 2008 is the Bitcoin White Paper.
Bitcoin deserves that kind of steady growth, s&p500 will collapse eventually

[Elwar]

They will blame the falling price on many short term things (China, Dimon, x, y or z).

The simple truth is that a bunch of people saw the price skyrocketing and wanted to make a quick buck. Whether they did or not, people will not be rushing in to lose a quick buck if they see the price going down over the course of several weeks. So less cash coming in and those that just wanted some quick money will be jumping ship.

It happened with the jump to $32, $266, $1200 and now $4970. The price was rising as it needed to...but the quick money folks exacerbated it a bit and pushed the price higher than it needed to go.

It's all good. The correction is healthy. However you invested is fine. Just don't believe whatever they blame it on.

And just look at the highs I mentioned...notice which direction those are going?

As high as the price is and knowing there is likely going to be a correction, when my friends ask me if they should buy bitcoins I just say...it depends on if you want to at least double your money by 2020.

[kludzins]

This is going down hard

[ParabellumLite]

Crucial support has been broken around 3800 USD. The 'back to normal' phase is drawing to an end.
The large move down is about to begin, the one that will confirm the bear market in the coming days and weeks.

[fabiorem]

Are you liking the current bear market, gentlemen?

We will go down slowly to $1500.

This bear market will last for five months.

[Torque]

Are you liking the current bear market, gentlemen?

We will go down slowly to $1500.

This bear market will last for five months.

You're sort of like Nostradamus, aren't you?

THIS IS THE LAST UPDATE OF THE LIST

Ok, you win. Put me on 7th of January, 2018.

I think it will be sidelined until them, going up and down in the 4000's.

[empowering]

Crucial support has been broken around 3800 USD. The 'back to normal' phase is drawing to an end.
The large move down is about to begin, the one that will confirm the bear market in the coming days and weeks.

Crucial support is under $2750

[thiec]

Crucial support has been broken around 3800 USD. The 'back to normal' phase is drawing to an end.
The large move down is about to begin, the one that will confirm the bear market in the coming days and weeks.

Crucial support is under $2750

Drop fast, rebound faster

[ParabellumLite]

Crucial support has been broken around 3800 USD. The 'back to normal' phase is drawing to an end.
The large move down is about to begin, the one that will confirm the bear market in the coming days and weeks.

Crucial support is under $2750

Crucial short term support, at least so it appears.

https://imgur.com/jZoIQpn

But indeed, over the longer term there are more interesting numbers of solid support.

[empowering]

Every time the price oscillates and moves a little (which is totally 100% normal - and expected and necessary) it doesn't mean we are going to $1000 nor does it mean we are going to $10,000

[fabiorem]

You're sort of like Nostradamus, aren't you?

I just want the bears to sell all they have, so the price can go up. 

[gembitz]

Hey guys, the stock market is going to go up forever! The public is sure of it.

Interesting, even the huge economic catastrophe of Lehman Brothers et al. back in 2008 did not push it down much. Oh, yes it will go up forever!  
As far as I'm concerned, the only good thing that came out from 2008 is the Bitcoin White Paper.
Bitcoin deserves that kind of steady growth, s&p500 will collapse eventually

cotton pickers? ..i still hodl Lehman coins lol