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

[TERA2]

Why is it that bitcoin, bitcoin cash, eth, and ripple are now all moving in the same direction. I thought they were antagonistic?

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[Enjel]

Why is it that bitcoin, bitcoin cash, eth, and ripple are now all moving in the same direction. I thought they were antagonistic?

(1) They've been moving in the same direction this entire year, and longer.

(2) More money is flowing into the market; 670 billion is a tiny amount of money. It needs to be trillions before any major losses.

(3) There are multiple roles for coins - they need not directly compete.

Truth is, sometimes they are antagonistic, and sometimes they are not.

You still believe in $5500? How about $8000? Maybe it will happen, but first 20k at least.

[gentlemand]

Why is it that bitcoin, bitcoin cash, eth, and ripple are now all moving in the same direction. I thought they were antagonistic?

(1) They've been moving in the same direction this entire year, and longer.

(2) More money is flowing into the market; 670 billion is a tiny amount of money. It needs to be trillions before any major losses.

(3) There are multiple roles for coins - they need not directly compete.

Truth is, sometimes they are antagonistic, and sometimes they are not.

You still believe in $5500? How about $8000? Maybe it will happen, but first 20k at least.

I'd say BCH traditionally does not behave like anything else in relation to BTC. There's usually a very direct correlation. There still is with alts in general but nothing as stark as that.

[TERA2]

Why is it that bitcoin, bitcoin cash, eth, and ripple are now all moving in the same direction. I thought they were antagonistic?

(1) They've been moving in the same direction this entire year, and longer.

(2) More money is flowing into the market; 670 billion is a tiny amount of money. It needs to be trillions before any major losses.

(3) There are multiple roles for coins - they need not directly compete.

Truth is, sometimes they are antagonistic, and sometimes they are not.

You still believe in $5500? How about $8000? Maybe it will happen, but first 20k at least.

$8000 would be a target for any drop in the short term. It might not reach $5500 til later. If it goes into a 2011/2014 style extended bear market it could even reach $3000 after a year or two. Yes it could go higher first too. The lows arent based on the highs, they're based on previous ATH.

[flynn]

Wow, Gold continuing its bull tear since Dec.

Insiders must be thinking (knowing?) we'll get some bad news this year. They're always 6-12 months ahead of the public.

Gold is just another Altcoin with a bizarre POW

[ragnar0k]

Why is it that bitcoin, bitcoin cash, eth, and ripple are now all moving in the same direction. I thought they were antagonistic?

(1) They've been moving in the same direction this entire year, and longer.

(2) More money is flowing into the market; 670 billion is a tiny amount of money. It needs to be trillions before any major losses.

(3) There are multiple roles for coins - they need not directly compete.

Truth is, sometimes they are antagonistic, and sometimes they are not.

You still believe in $5500? How about $8000? Maybe it will happen, but first 20k at least.

Wait, I always have to correct you people here! Tera's target has been consistently increasing by the day. We must stick with his original target of "at least 3000, possibly less"
I must remind this, just in case

[TERA2]

Why is it that bitcoin, bitcoin cash, eth, and ripple are now all moving in the same direction. I thought they were antagonistic?

(1) They've been moving in the same direction this entire year, and longer.

(2) More money is flowing into the market; 670 billion is a tiny amount of money. It needs to be trillions before any major losses.

(3) There are multiple roles for coins - they need not directly compete.

Truth is, sometimes they are antagonistic, and sometimes they are not.

You still believe in $5500? How about $8000? Maybe it will happen, but first 20k at least.

Wait, I always have to correct you people here! Tera's target has been consistently increasing by the day. We must stick with his original target of "at least 3000, possibly less"
I must remind this, just in case

Correct I amended the short term 'flash crash' target higher as our high went up and 3K in a flash crash became unrealistic, deferring 3K to a possible bear market target.

[QuantumMiner]

Why is it that bitcoin, bitcoin cash, eth, and ripple are now all moving in the same direction. I thought they were antagonistic?

If you look at last 4 hours on polo btc/usdt and xrp/btc you will find out they are still pretty antagonistic to each other

[explorer]

Live chat with 80k members, pump inc https://discord.gg/beTsq5

Fuck are you annoying.  Wrong, wrong, wrong again.  Go pump and dump your shit in the toilet.

[TERA2]

Why is it that bitcoin, bitcoin cash, eth, and ripple are now all moving in the same direction. I thought they were antagonistic?

If you look at last 4 hours on polo btc/usdt and xrp/btc you will find out they are still pretty antagonistic to each other

Yes but at times they were so antagonistic that even their respective usd pairs were antagonistic

[btcone111]

Wow, Gold continuing its bull tear since Dec.

Insiders must be thinking (knowing?) we'll get some bad news this year. They're always 6-12 months ahead of the public.

Gold price, before 2010, has been rising for 8 years starting from 2002. So... it might not be indicative of anything...

[Rosewater Foundation]

oopsie doo

Upward slippage.

[Dabs]

There's only one bitcoin

There is obviously not only one bitcoin as ... blah blah blah - more nonsense - blah blah blah.

I'm talking about the same bitcoin a bunch of these others guys are talking about. The one where you can download the wallet from bitcoin.org and usually linked near the top of this very forum.

News: Latest stable version of Bitcoin Core: 0.15.1 (https://bitcoin.org/en/download)

Have you been living under a rock? Or maybe under a pile of gold? Maybe you're a dragon, they like to sleep on top of a pile of gold, because gold is soft, compared to other metals.

[El duderino_]

Breaking 24777$ prediction game      FINAL LIST       

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UPDATE     AND GOOD LUCK

[Wekkel]

Gold is just another Altcoin with a bizarre POW

Quoted as possible 'quote of the year' 

[julian071]

LOL ^

[Neo_Coin]

[Torque]

Bullish video:

https://www.cnbc.com/video/2017/12/28/hedge-funds-gear-up-for-bitcoin-investing.html

[rolling]

Silly poll doesn't have any choices over 22k???

[Toxic2040]

Silly poll doesn't have any choices over 22k???

ikr