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

[Hoho29]

Maybe they should ban gold and silver too.

if someday they found gold and silver against their interest and they have no control over it . gonna ban it for sure .

[rjclarke2000]

Who sold at the bottom?

Oh Ted, what's going on. Why aren't we at 32k yet?

We need to hodl a little bit longer RJ. You are a Legendary now!

This is true, I am. Would have been there sooner if I'd joined straight away instead of lurking in the shadows for so long.

I believe I am one of the strongest hodlers here so business as usual for me.


Disclaimer- Ain't never sold a satoshi.

[rjclarke2000]

Maybe they should ban gold and silver too.

if someday they found gold and silver against their interest and they have no control over it . gonna ban it for sure .

Some here say gold and silver are great stores of value and also can be used to buy things.

There is way way more money in precious metals than bitcoin so why aren't they banning it?

BUT.......bitcoin they are worried. What's that tell you?

[Ludwig Von]

Maybe they should ban gold and silver too.

if someday they found gold and silver against their interest and they have no control over it . gonna ban it for sure .

Some here say gold and silver are great stores of value and also can be used to buy things.

There is way way more money in precious metals than bitcoin so why aren't they banning it?

BUT.......bitcoin they are worried. What's that tell you?

Historic precedents show that governments do not ban PMs but confisquate them... . Even the land of the free did, not so long ago... . And my personal opinion, same will be attempted with btc. That is
why China does not just simply close the miners... .

[JayJuanGee]

Well, It would be great to have a green line on the daily chart now and then...
14 days only two greens - last time I see in the chart was this bad was in 2014.

I am holding but I am not overly happy...I think the "healthy correction" should be over now, let's move on  

 

I will be interesting to se whether this week's candle is red or green.  Right now, we are bouncing a bit below the turning point for the candle, and it appears that it needs to be above $3660 in order to be green.  Two more days and 2.5 more hours, before it closes.

[Last of the V8s]

...
I will be interesting ...

promise?

[conspirosphere.tk]

I'm getting an upgrade in November. What's the best out there? Samsung?

I'd give a look at something like this:
https://itsfoss.com/librem-linux-phone/

2nd best option: find a brand more constantly updated with security patches.

[JayJuanGee]

...
I will be interesting ...

promise?

I cannot promise because you guys are a tough audience.  You fucks!!!!   

[conspirosphere.tk]

There is way way more money in precious metals than bitcoin so why aren't they banning it?

BUT.......bitcoin they are worried. What's that tell you?

Because they can't manipulate btc as effectively as gold and silver yet. Maybe when the bankers will enter the market with their "instruments" they will.

But at some point manipulations end. Find about the London gold pool story for a relatively recent case.
https://en.wikipedia.org/wiki/London_Gold_Pool

[Nam3]

Well, It would be great to have a green line on the daily chart now and then...
14 days only two greens - last time I see in the chart was this bad was in 2014.

I am holding but I am not overly happy...I think the "healthy correction" should be over now, let's move on  

 

I will be interesting to se whether this week's candle is red or green.  Right now, we are bouncing a bit below the turning point for the candle, and it appears that it needs to be above $3660 in order to be green.  Two more days and 2.5 more hours, before it closes.

Something tells me if it won't go green then it'll go red for sure. I'm just wondering how deep that green/red candle would be 

[JayJuanGee]

Well, It would be great to have a green line on the daily chart now and then...
14 days only two greens - last time I see in the chart was this bad was in 2014.

I am holding but I am not overly happy...I think the "healthy correction" should be over now, let's move on  

 

I will be interesting to se whether this week's candle is red or green.  Right now, we are bouncing a bit below the turning point for the candle, and it appears that it needs to be above $3660 in order to be green.  Two more days and 2.5 more hours, before it closes.

Something tells me if it won't go green then it'll go red for sure. I'm just wondering how deep that green/red candle would be 

You sound like a bit of an exaggerator.   For what purpose?  Effect?

Yeah.. there is no in between when it comes to candle closing colors, it is either going to go green or red.

Regarding depth, who fucking knows?  currently, it is not even clear which direction it is going to go, so how would we presume any kind of further step about depth? 

In the beginning of the week, I was more inclined to predict that this week's candle would be green and even that we were heading back up - after recent price performance, I am a bit more torn about which direction is more likely - it could go either way, and there may even be a slight edge to down, but that slight edge does not mean that the down would be BIG, or even long lasting.

[Nam3]

Well, It would be great to have a green line on the daily chart now and then...
14 days only two greens - last time I see in the chart was this bad was in 2014.

I am holding but I am not overly happy...I think the "healthy correction" should be over now, let's move on  

 

I will be interesting to se whether this week's candle is red or green.  Right now, we are bouncing a bit below the turning point for the candle, and it appears that it needs to be above $3660 in order to be green.  Two more days and 2.5 more hours, before it closes.

Something tells me if it won't go green then it'll go red for sure. I'm just wondering how deep that green/red candle would be 

You sound like a bit of an exaggerator.   For what purpose?  Effect?

Yeah.. there is no in between when it comes to candle closing colors, it is either going to go green or red.

Regarding depth, who fucking knows?  currently, it is not even clear which direction it is going to go, so how would we presume any kind of further step about depth? 

In the beginning of the week, I was more inclined to predict that this week's candle would be green and even that we were heading back up - after recent price performance, I am a bit more torn about which direction is more likely - it could go either way, and there may even be a slight edge to down, but that slight edge does not mean that the down would be BIG, or even long lasting.

For the sake of curiosity. BTW; I'm a trader, so you know how it works.

[RoomBot]

Well my take on the current state of play is like this:

People who had the inside knowledge on what was brewing in China shorted and dumped to induce some fear into the market.

Then starts the FUD, drip, drip, drip. Price goes down accordingly. Then the actual news was confirmed. Down some more. Nom,nom, cheap coins.

Then Jamie Demon, who probably also had the inside line on China has a go. Even cheaper coins. All while the price hasn't gone anywhere near parabolic for this cycle. Banks are scared, with profit and revenue down. To them $180bn is a big fucking pie. Governments are worried too, as we all know. They would all love to see crypto fail. And yet some people still want even cheaper coins, cue more FUD about China banning mining. These people are either playing the long game and don't care if they push it into a bear market, or they think it's gonna moon.

I know what I'm betting on. If I'm wrong and it goes down, I ain't too bothered. I'm in it for the long haul.

Peace out boys. Not you though r0ach. Scuttle off back to your hole you weird racist prick.

Then Dimon's minions buy the dips at Morgan Stanley Chase.  

[moneymaker11]

That wall on bitfinex looks like Mount Everest

[Last of the V8s]

Did we do this one?
https://www.scribd.com/document/354688866/Bitcoin-A-5-8-Million-Valuation-Crypto-Currency-and-A-New-Era-of-Human-Cooperation
Bitcoin is still an attractive purchase today at all prices less than 1.56 million USD.
 

[JayJuanGee]

Well, It would be great to have a green line on the daily chart now and then...
14 days only two greens - last time I see in the chart was this bad was in 2014.

I am holding but I am not overly happy...I think the "healthy correction" should be over now, let's move on  

 

I will be interesting to se whether this week's candle is red or green.  Right now, we are bouncing a bit below the turning point for the candle, and it appears that it needs to be above $3660 in order to be green.  Two more days and 2.5 more hours, before it closes.

Something tells me if it won't go green then it'll go red for sure. I'm just wondering how deep that green/red candle would be 

You sound like a bit of an exaggerator.   For what purpose?  Effect?

Yeah.. there is no in between when it comes to candle closing colors, it is either going to go green or red.

Regarding depth, who fucking knows?  currently, it is not even clear which direction it is going to go, so how would we presume any kind of further step about depth? 

In the beginning of the week, I was more inclined to predict that this week's candle would be green and even that we were heading back up - after recent price performance, I am a bit more torn about which direction is more likely - it could go either way, and there may even be a slight edge to down, but that slight edge does not mean that the down would be BIG, or even long lasting.

For the sake of curiosity. BTW; I'm a trader, so you know how it works.

Well, I personally believe that it is unethical to talk your book in these kinds of threads, so I guess I do not know how it works in terms of exaggerating for the sake of inducing others.  On the other hand, sometimes, when I am personally fearful that the price is going to go the opposite way of my preference (that is usually down), sometimes, I just won't say anything about my internal beliefs...  .. and maybe that is a bit of a biased in my sometimes content.

Furthermore, I attempt to create a buy/sell strategy in which I hedge for either price direction, and accordingly, I try to keep my feelings out of my trades.  Therefore, even though I tend to have some preferences that my orders get filled (especially when they are getting close to getting filled, and my buy/sell increments tend to be relatively small - currently a bit less than 3%, so I feel like I am not really greedy or desperate in filling my orders), I set my orders up in such a way that I attempt to minimize my feelings - even though I feel like I have gotten a lot fucking richer - largely from our unexpected more than 3x BTC price rise for calendar 2017 - life is good...

[Nam3]

Well, It would be great to have a green line on the daily chart now and then...
14 days only two greens - last time I see in the chart was this bad was in 2014.

I am holding but I am not overly happy...I think the "healthy correction" should be over now, let's move on  

 

I will be interesting to se whether this week's candle is red or green.  Right now, we are bouncing a bit below the turning point for the candle, and it appears that it needs to be above $3660 in order to be green.  Two more days and 2.5 more hours, before it closes.

Something tells me if it won't go green then it'll go red for sure. I'm just wondering how deep that green/red candle would be 

You sound like a bit of an exaggerator.   For what purpose?  Effect?

Yeah.. there is no in between when it comes to candle closing colors, it is either going to go green or red.

Regarding depth, who fucking knows?  currently, it is not even clear which direction it is going to go, so how would we presume any kind of further step about depth? 

In the beginning of the week, I was more inclined to predict that this week's candle would be green and even that we were heading back up - after recent price performance, I am a bit more torn about which direction is more likely - it could go either way, and there may even be a slight edge to down, but that slight edge does not mean that the down would be BIG, or even long lasting.

For the sake of curiosity. BTW; I'm a trader, so you know how it works.

Well, I personally believe that it is unethical to talk your book in these kinds of threads, so I guess I do not know how it works in terms of exaggerating for the sake of inducing others.  On the other hand, sometimes, when I am personally fearful that the price is going to go the opposite way of my preference (that is usually down), sometimes, I just won't say anything about my internal beliefs...  .. and maybe that is a bit of a biased in my sometimes content.

Furthermore, I attempt to create a buy/sell strategy in which I hedge for either price direction, and accordingly, I try to keep my feelings out of my trades.  Therefore, even though I tend to have some preferences that my orders get filled (especially when they are getting close to getting filled, and my buy/sell increments tend to be relatively small - currently a bit less than 3%, so I feel like I am not really greedy or desperate in filling my orders), I set my orders up in such a way that I attempt to minimize my feelings - even though I feel like I have gotten a lot fucking richer - largely from our unexpected more than 3x BTC price rise for calendar 2017 - life is good...

Nah, didn't mean to induce anyone. As I've said originally, "I'm just wondering how deep that green/red candle would be"
As anyone can clearly see from my 'wordings', I'm not favoring any direction here, so there's no point of inducing.

Thank you for sharing your strategy though 

[RoomBot]

I think this might be the biggest conspirary theory forum on the internet  

The banksters probably paid you to say that!  

It was the lizard jews from outer space 

Really, N00b?  Bashing Jews is so Middle Ages.

[moneymaker11]

I think this might be the biggest conspirary theory forum on the internet  

The banksters probably paid you to say that!  

It was the lizard jews from outer space 

Really, N00b?  Bashing Jews is so Middle Ages.

With the insanely high amounts of stupid people here I can't tell if you are trolling or not. I'm gonna give you the benefit of the doubt and say that you are.

[ragnar0k]

Well, It would be great to have a green line on the daily chart now and then...
14 days only two greens - last time I see in the chart was this bad was in 2014.

I am holding but I am not overly happy...I think the "healthy correction" should be over now, let's move on  

 

I will be interesting to se whether this week's candle is red or green.  Right now, we are bouncing a bit below the turning point for the candle, and it appears that it needs to be above $3660 in order to be green.  Two more days and 2.5 more hours, before it closes.

Something tells me if it won't go green then it'll go red for sure. I'm just wondering how deep that green/red candle would be 

You sound like a bit of an exaggerator.   For what purpose?  Effect?

Yeah.. there is no in between when it comes to candle closing colors, it is either going to go green or red.

Regarding depth, who fucking knows?  currently, it is not even clear which direction it is going to go, so how would we presume any kind of further step about depth? 

In the beginning of the week, I was more inclined to predict that this week's candle would be green and even that we were heading back up - after recent price performance, I am a bit more torn about which direction is more likely - it could go either way, and there may even be a slight edge to down, but that slight edge does not mean that the down would be BIG, or even long lasting.

For the sake of curiosity. BTW; I'm a trader, so you know how it works.

Well, I personally believe that it is unethical to talk your book in these kinds of threads, so I guess I do not know how it works in terms of exaggerating for the sake of inducing others.  On the other hand, sometimes, when I am personally fearful that the price is going to go the opposite way of my preference (that is usually down), sometimes, I just won't say anything about my internal beliefs...  .. and maybe that is a bit of a biased in my sometimes content.

Furthermore, I attempt to create a buy/sell strategy in which I hedge for either price direction, and accordingly, I try to keep my feelings out of my trades.  Therefore, even though I tend to have some preferences that my orders get filled (especially when they are getting close to getting filled, and my buy/sell increments tend to be relatively small - currently a bit less than 3%, so I feel like I am not really greedy or desperate in filling my orders), I set my orders up in such a way that I attempt to minimize my feelings - even though I feel like I have gotten a lot fucking richer - largely from our unexpected more than 3x BTC price rise for calendar 2017 - life is good...

Nah, didn't mean to induce anyone. As I've said originally, "I'm just wondering how deep that green/red candle would be"
As anyone can clearly see from my 'wordings', I'm not favoring any direction here, so there's no point of inducing.

Thank you for sharing your strategy though 

So we have support @ 3500 and bearish line is taking us down nicely towards the support... on a weekend.
My strategy is hodl, although I am tempted to take a hit for the team and go short, so it will inevitably go up. I can hedge against my total incompetence in calling the bottom!