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

[JayJuanGee]

All I know is that if we were going to crash hard here it would have happened already. It doesnt just drag on for months or inch down on high volume.

That's the spirit - Tera (temporarily not beara).... 

[JayJuanGee]

This isn’t the crash I was promised.

I sold all my coins at $9222 because they were no longer valuable. I’ll buy them again when they’re really worth something. Maybe in March at a new ATH seems a good buy point. I don’t want to miss out....

I was hoping for $6-8k. I missed out on restocking by being greedy.

Starting to feel as if our correction is done - although I will feel a bit better once we cross above $13k.

[BTCMILLIONAIRE]

Every article I read on CNBC.com is wrong. Not just about Bitcoin, but about the economy in general. All corps and businesses are painted as being in full recovery mode, whilst crypto is painted as a space that is teetering on the edge of collapse any day now.

Completely backwards.

Of course the agenda is to get Average Joe back into the equities markets full steam.... the last bag holders when the stock market finally tanks a few years from now. Meanwhile Wallstreet will quietly hedge into the crypto space, and it'll skyrocket during the coming equity market meltdown. There's a reason why the Bitcoin futures market was created, and there will be the same reasons for the coming Bitcoin ETFs. It's not for Average Joe's benefit.

Hopefully cryptos won't even think of entering a recession before the stock market collapses. Been slowly easing out of some of my stocks in favour of cryptos for a number of months now and want some discounted stocks before cryptos plummet.

Also, inb4 Trump will be at fault when equities crash.

[JayJuanGee]

Woah, look at all that green! Went to sleep for a couple of hours and BTC is back in the saddle and all but 2 coins in the top 100 are in the green.
Congrats to everyone that bought the dip and shame on every weak hand that thought the sky was falling. If you sold at the bottom you will likely do it again.

hey...I resemble that remark! (panic sold like wimp....it was LTC to pay the tax man etc...but still ..wimp)

Then again I retired on Monday ..when things went to hell...so it is my fault for the crypto crash...so sold at the low (LTC) to restore proper Karma

you are welcome!

No insult intended. Sometimes you gotta pay the bills when timing couldn't be worse - at the low. Knowing full well you just paid twice as much as was needed.

Thank you for your offering to the crypto gods. (Is there a name for it? Maybe honeybadger?). It has been received.

We're weak ass ratt hands! Don't sugarcoat our failure.

That is the spirit of ownership.   

[Last of the V8s]

https://www.reddit.com/r/CryptoCurrency/comments/7r6chx/here_is_a_list_of_crypto_ponzi_schemes_and_people/
... who are/were promoting them on YouTube



contrast

https://hodlermanifesto.com/

[Dakustaking76]

Thats the Way my beloved one go on And go to beyond the moon!

Were above €10.000 again


Panic Sellers are thinking now wtf what happend 😱😱😱

Roach can shut up now

Thank you

Were off

[Torque]

Every article I read on CNBC.com is wrong. Not just about Bitcoin, but about the economy in general. All corps and businesses are painted as being in full recovery mode, whilst crypto is painted as a space that is teetering on the edge of collapse any day now.

Completely backwards.

Of course the agenda is to get Average Joe back into the equities markets full steam.... the last bag holders when the stock market finally tanks a few years from now. Meanwhile Wallstreet will quietly hedge into the crypto space, and it'll skyrocket during the coming equity market meltdown. There's a reason why the Bitcoin futures market was created, and there will be the same reasons for the coming Bitcoin ETFs. It's not for Average Joe's benefit.

Hopefully cryptos won't even think of entering a recession before the stock market collapses. Been slowly easing out of some of my stocks in favour of cryptos for a number of months now and want some discounted stocks before cryptos plummet.

Also, inb4 Trump will be at fault when equities crash.

As far as Bitcoin goes, I think that on the down low Wallstreet has seriously been moving forward with plans to make Bitcoin a legit hedge instrument. A "non-correlated asset" similar to Gold, but not as tied to anything, not as collateralized and re-hypothecated, as other hedge instruments are. It's finally at a market cap size and maturity where they believe it is ready to be taken to the next step.

But publicly, they are trying to paint Bitcoin as a risky pump-and-dump scheme that is in line with other risky market assets. They want Average Joe to stay away from it while they get all the machinery in place to leverage it themselves (i.e., futures, ETFs, etc.) But of course insiders know this already, which is why the price has climbed all last year as they can't resist getting in early. They can't hide that accumulation because it's a thin market with a lot of transparency and not much Bitcoin off exchange to be bought.

That's why when I keep saying 'Wallstreet wants your bitcoin', I mean no seriously WALLSTREET WANTS YOUR BITCOIN.

[BTCMILLIONAIRE]

As far as Bitcoin goes, I think that on the down low Wallstreet has seriously been moving forward with plans to make Bitcoin a legit hedge instrument. A "non-correlated asset" similar to Gold, but not as tied to anything, not as collateralized and re-hypothecated, as other hedge instruments are. It's finally at a market cap size and maturity where they believe it is ready to be taken to the next step.

But publicly, they are trying to paint Bitcoin as a risky pump-and-dump scheme that is in line with other risky market assets. They want Average Joe to stay away from it while they get all the machinery in place to leverage it themselves (i.e., futures, ETFs, etc.) But of course insiders know this already, which is why the price has climbed all last year as they can't resist getting in early. They can't hide that accumulation because it's a thin market with a lot of transparency and not much Bitcoin off exchange to be bought.

That's why when I keep saying 'Wallstreet wants your bitcoin', I mean no really WALLSTREET WANTS YOUR BITCOIN.

Do you expect it to actually be uncorrelated though? I could easily see equity money fleeing into cryptos (alongside of gold) once it inevitably pulls back. At least if crypto doesn't somehow crash before that, which doesn't seem highly probable right now.

I agree with the overall sentiment though, I'm exposing myself to as much crypto as I possibly can without compromising my retirement status and have no intention of exiting. Even if perhaps not the best move from an investment/capital conserving perspective, I prefer positioning myself with what I believe in (which is decentralization without risking to be forced to work a job that I don't want to at any point in my life).

[mike4001]

Thats the Way my beloved one go on And go to beyond the moon!

Were above €10.000 again


Panic Sellers are thinking now wtf what happend 😱😱😱

Roach can shut up now

Thank you

Were off

USD / EUR exchange rate is really bad now.

A year ago it was ~1.08 => now it's 1.22

Euroland lost ~14% of value if the BTC price had been stable.

[Torque]

Do you expect it to actually be uncorrelated though? I could easily see equity money fleeing into cryptos (alongside of gold) once it inevitably pulls back. At least if crypto doesn't somehow crash before that, which doesn't seem highly probable right now.

I agree with the overall sentiment though, I'm exposing myself to as much crypto as I possibly can without compromising my retirement status and have no intention of exiting. Even if perhaps not the best move from an investment/capital conserving perspective, I prefer positioning myself with what I believe in (which is decentralization without risking to be forced to work a job that I don't want to at any point in my life).

Let's put it this way, I think we'll see things accelerating within the next 12-18 months with Bitcoin ETFs. This December was a turning point. It's no coincidence that U.S. tax repatriation law was changed so that U.S.-based businesses could bring overseas money back home more cheaply. That was made to happen for one reason and one reason only: more stock buybacks and more pushing/propping up the stock market. U.S. corporations had completely run out of free cash flow to buyback and prop up their own stock prices, so they needed another infusion of fresh cash. And this was how that was made possible. But after 6-12 months, that money will too run out.

"A good hockey player plays where the puck is. A great hockey player plays where the puck is going to be."
-Wayne Gretzky

[Aqualung89]

It will be very good for me to rise to a certain level and stay at this level afterwards. But what will be the next target seems to be hard to predict. My guess is that it will still be at $ 15,000.

[JayJuanGee]

It will be very good for me to rise to a certain level and stay at this level afterwards. But what will be the next target seems to be hard to predict. My guess is that it will still be at $ 15,000.

Get a grip.

We are not in a "stable" market.

There is a BTC price battle going on here.  Can't you see it?  You see the quantity of trade volume in BTC, and what about altcoinlandia?  Even altcoin landia volatility affects bitcoin volatility, right?  You see it, or no?

Sure, there may be some luck or coincidental BTC price consolidation under $20k for a while, and we might even bounce between $10k and $20k for a while and even settle in the $15k area, but if you think that BTC prices are stabilizing any time soon, you are living in a bit of a low probability frame of thinking (aka fantasy world).

[Deeyoh]

The big 12k sell wall is being eaten right now

[Deeyoh]

And it's gone over 1000btc staggered. 337 sell was eaten in less than 1 second. To funny.  off to the 13k races.

[Paashaas]

This ''bloodbath'' was pretty normal, Bitcoin gave uss the biggest and cheapest buying opportunity in 2018.

[Enjel]

I truly experienced the meaning of "buy when others are fearful" during this correction. A real lesson.

[jojo69]

If Bitcoin has returned to fair market value for now, then so be it.

right?

I'm good with this

[jojo69]

Wow went down to 9200

Look at the bright side, it is still

over 9000!!!!

LOL, when BTC shills understand that their shitcoin as-well can be dump & pump no matter all bright stories abut decentralization, freedom and etc.

What a pathetic community

Is this roach?

is now...lol

[bitcoinPsycho]

Wow went down to 9200

Look at the bright side, it is still

over 9000!!!!

LOL, when BTC shills understand that their shitcoin as-well can be dump & pump no matter all bright stories abut decentralization, freedom and etc.

What a pathetic community

   -2: -1 / +0
Warning: Trade with extreme caution!

[luckygenough56]

that green on every last of altcoins lol