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

[svdleer]

Why are these walls always at round numbers? Humans are so predictable.

People have goals, and most have a form of OCD, so has to be round to bail out.
If i was one of those people i would reconsider my goals and place then a bit further from the wall

[Dotto]

Somehow related

[bitcoinPsycho]

time for a new poll?

[Rosewater Foundation]

time for a new poll?

Everybody finally got tired of winning and went to sleep.

[bitserve]

If it goes back into the previous range at this point I dont think it'll be a dip - I think it would pretty bad. In any case I'd rather get 18k and miss out on 25k, than get 5k and miss out on 18k. Ive seen enough of these gains already. im tired of them.

That would be a good reasoning/bet.... IF there were the same probabilities for the price to go to $25K than to go to $5K.

[Dotto]

Sometimes you need to put things in perspective.
http://money.visualcapitalist.com/worlds-money-markets-one-visualization-2017/

Delicious

[TERA2]

If it goes back into the previous range at this point I dont think it'll be a dip - I think it would pretty bad. In any case I'd rather get 18k and miss out on 25k, than get 5k and miss out on 18k. Ive seen enough of these gains already. im tired of them.

That would be a good reasoning/bet.... IF there were the same probabilities for the price to go to $25K than to go to $5K.

Those arent the only factors. Also in order for me to lose there has to be the bizzare scenario of the stop getting hit and the price going to 18K yet bouncing right back up to 25k as if that major breach did not occur.

[FractalUniverse]

$100 to go on finex. it will be interesting if it falls back after touching (if) or breaks above with strenght.
I hope we will avoid some nasty crash before year's end

[Icygreen]

20k broken on Coin Market Cap
 
Bitcoin doesn't dip anymore 

[TERA2]

Bitcoin doesn't dip anymore 

Think of a tsunami that ironically sucks the water all the way out first.

[Icygreen]

Bitcoin doesn't dip anymore 

Think of a tsunami that ironically sucks the water all the way out first.

One hell of a wave if it comes, or maybe this is the wave? I'll ride it!  Exciting time to be involved.

[LFC_Bitcoin]

Bitcoin doesn't dip anymore  

Think of a tsunami that ironically sucks the water all the way out first.

TERA every post you make reeks of some kind of bitterness? How many bitcoin's have you got? I’m going to guess less than 10 & you’re upset/angry/depressed about having the opportunity to be rich AF as you were in & around bitcoin early enough but sadly made the wrong decisions, sold early etc.

HODLERS who make shit loads of money don’t need to sell/trade constantly.

What’s your situation?

[SecondLeoTheSecond]

Bitcoin doesn't dip anymore  

Think of a tsunami that ironically sucks the water all the way out first.

One hell of a wave if it comes, or maybe this is the wave? I'll ride it!  Exciting time to be involved.

At this point I hope for a crash. That growth is not healthy and sooner or later this thing will implode. I think right now is the last chance for a corrective dip. From here down to 10k, and if it bounces off from there, we can go higher in a couple of month.
If this thing keeps going to 30k, this is definitely a bubble which is going to pop hard. And for the next one to happen it will take years.

The only way out, is making bitcoin to an actual payment vehicle. The moment you don't need to get out of bitcoin anymore, the world has transformed to the crypto hodler utopia.

I just fear we are not ready for that right now.
LN is still a while away and even longer from average joe use. LN needs its own killer-app with segwit integration (And probably bigger blocks somewhere down the road) to make a difference.
If an acceptance by a site like amazon or alibaba follows with this, it is the perfect storm.

In the meantime we can only hope for the birth of a new religion, the cult of the hodler.
If everyone just believes hard enough, bitcoin will be worth millions.
crazy times.

edit:

TERA every post you make reeks of some kind of bitterness? How many bitcoin's have you got? I’m going to guess less than 10 & you’re upset/angry/depressed about having the opportunity to be rich AF as you were in & around bitcoin early enough but sadly made the wrong decisions, sold early etc.

HODLERS who make shit loads of money don’t need to sell/trade constantly.

What’s your situation?

oh shit, and here it happened  

[Ibian]

Lefties are weak and they know it so they want to rely on someone to care for them. Righties are strong and they know, instinctively, that they are strong, so they want to compete.

So strong in fact, that they have to rely on a White House ban of the use of dangerous words like "science-based" and "transgender", lest their tender ears be shocked to bits by their use by scientists in the public sphere.

Lefties are the ones who want to ban words. Like male and female, he and her, and such. They are literally at war with physical reality. Because they have the minds of small children and think their feelings define reality.

[Wekkel]

Giffen good will be Giffen good.

[bitserve]

If it goes back into the previous range at this point I dont think it'll be a dip - I think it would pretty bad. In any case I'd rather get 18k and miss out on 25k, than get 5k and miss out on 18k. Ive seen enough of these gains already. im tired of them.

That would be a good reasoning/bet.... IF there were the same probabilities for the price to go to $25K than to go to $5K.

Those arent the only factors. Also in order for me to lose there has to be the bizzare scenario of the stop getting hit and the price going to 18K yet bouncing right back up to 25k as if that major breach did not occur.

Yeah, maybe you are right.... OTH IF it consistently breaks $20K... maybe $25K won't be nowhere near the top of this wave.

Also there is a fucking lot of profits in the alts already... a good part of those may be waiting for Bitcoin to dip/correct to get on the train so the $5K scenario doesn't seem much likely. There's too many fuel for the rally to continue even though it would seem it has been a long one.

Decisions, decisions.... I think I will just do nothing and let it run....

[TERA2]

Bitcoin doesn't dip anymore  

Think of a tsunami that ironically sucks the water all the way out first.

TERA every post you make reeks of some kind of bitterness? How many bitcoin's have you got? I’m going to guess less than 10 & you’re upset/angry/depressed about having the opportunity to be rich AF as you were in & around bitcoin early enough but sadly made the wrong decisions, sold early etc.

HODLERS who make shit loads of money don’t need to sell/trade constantly.

What’s your situation?

I'm so sick of this ignorant crap people post on trader forums. The things I say have nothing to do with my position or with emotion. It is simply the inevitable dynamic of an exponential market. Its a piece of physics like a rubber band or a ball bouncing. This is compeltely detached from me.

Theres GOING to be a crash of at least 60% at some point. I never called from where but it's going to happen, and it's going to be a spectacular trading opportunity. You can thank for me letting you in on it, if it only means you have more fiat on exchanges ready to buy it. If you deny this then you have no experience in bitcoin.

[savetherainforest]

Somehow related

N....ormies don't get why geeks from the medieval dungeon & dragons bitcoin convention are so happy about. ... Hilarious!!

[LFC_Bitcoin]

Bitcoin doesn't dip anymore  

Think of a tsunami that ironically sucks the water all the way out first.

TERA every post you make reeks of some kind of bitterness? How many bitcoin's have you got? I’m going to guess less than 10 & you’re upset/angry/depressed about having the opportunity to be rich AF as you were in & around bitcoin early enough but sadly made the wrong decisions, sold early etc.

HODLERS who make shit loads of money don’t need to sell/trade constantly.

What’s your situation?

I'm so sick of this ignorant crap people post on trader forums. The things I say have nothing to do with my position or with emotion. It is simply the inevitable dynamic of an exponential market. Its a piece of physics like a rubber band or a ball bouncing. This is compeltely detached from me.

You’re assuming bitcoin will follow trends common in normal markets. The Gox debacle was totally different to what is happening now. Nobody knows what is going to happen now.

I say HODL until after the next halvening, it’s the only safe method in bitcoin.

Time = constant growth & price increase in bitcoin.

Trading this beast is VERY dangerous. Good luck to shorters.

[TERA2]

Gox may have been a catalyst for the crashes but without gox there would have simply been another catalyst. At some point the traders decide to take profits.