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

[HairyMaclairy]

Just dumped all my tethers. I was so worried about tether I was ready to buy back at 12K the other day. This is a steal.

You buying?  What’s your level of commitment?

[kurious]

The coins you buy now, may not see a profit immediately, but they definitely will in time.   How much time, no one knows.

About 5 minutes.

Ha!  Actually it's been like a ball bouncing down stairs, if you play tight spreads on buys and sells, it's possible to make money (or for me the preferable 'extra coins') buy selling local tops and buying back bottoms (only in a 200 or 300 USD range, of course).  It's just a bloody time-consuming job.  Of course overall your stash price is decreasing in value, but at least you have the compensation of more coin, or more cash aside according to your long term strategy on BTC.

[HairyMaclairy]

Yep. All RSI's now in the oversold zone up to the 1-Day range.

Why is the only direction seemingly down then?

Because when the direction becomes inevitable, it reverses. Temporarily.

[TERA2]

Just dumped all my tethers. I was so worried about tether I was ready to buy back at 12K the other day. This is a steal.

You buying?  What’s your level of commitment?

I only bought in my USDT account which is smaller than my USD account and I'm probably fully committed to this position. It's not so much that I'm super bullish about bitcoin but that I'm bearish about tether... They could freeze USDT pairs at any moment. So this is like a win win

[LFC_Bitcoin]

Just dumped all my tethers. I was so worried about tether I was ready to buy back at 12K the other day. This is a steal.

You buying?  What’s your level of commitment?

I only bought in my USDT account which is smaller than my USD account and I'm probably fully committed to this position. It's not so much that I'm super bullish about bitcoin but that I'm bearish about tether... They could freeze USDT pairs at any moment. So this is like a win win

Where do you see the bitcoin price going from here TERA? Significantly further down or consolidation in this range, maybe even a bounce back upwards?

Keen to see what you think rather than my fellow HODLERS/uber positive bitcoin peeps.

[HairyMaclairy]

Understood.  I went through a similar process about 20 hours ago.  But then I moved it to Bitstamp and dumped to USD.

[PoolMinor]

Here is some elevator action for you all.

[toknormal]

While we're watching this, a much larger area of carnage is emerging.

US Guvpaper meltdown continuing this morning. Contagion into stawks also.

BTC --> $30k.

[TERA2]

Just dumped all my tethers. I was so worried about tether I was ready to buy back at 12K the other day. This is a steal.

You buying?  What’s your level of commitment?

I only bought in my USDT account which is smaller than my USD account and I'm probably fully committed to this position. It's not so much that I'm super bullish about bitcoin but that I'm bearish about tether... They could freeze USDT pairs at any moment. So this is like a win win

Where do you see the bitcoin price going from here TERA? Significantly further down or consolidation in this range, maybe even a bounce back upwards?

Keen to see what you think rather than my fellow HODLERS/uber positive bitcoin peeps.

I think the most likely situation here is a bounce either from here or some point above 7K , then going to the low teens, then going sideways for a long time before coming back down, but Im not 100% sure. The volume is still a little low in the grand scheme of things. I guess a low volume bounce is what means its coming back down eventually.

[El duderino_]

Well, today we've fallen even lower. Even Enky Nakamura has called it quits. Anyway, I haven't sold a single BTC this year and will keep hodling no matter what. HODL!  

I also didn’t sold .... bought few more instead BUT if a had a crystall ball i would been selling and buying back as offcourse
But i’m Not such a master trader as Many claim to be in here with them 100 diffrent TA analys charts and So on.... pitty for me offcourse but i don’t wanna take the risk off selling and ending up with les btc than i had before So Yeah i Just keep on hodling and try to buy a dip now and then ...... and amuse myself with Reading the panic as bull as hodl as anti btc and So on posts
But very honest i’m Happy with my current stash of btc and for me iT can be the time of eternal ATH but yeahhh as my friend says we Will be forced to be riding the waves if we want to the moon and BEYOND

[HairyMaclairy]

While we're watching this, a much larger area of carnage is emerging.

US Guvpaper meltdown continuing this morning. Contagion into stawks also.

BTC --> $30k.

Well isn’t that the 2BTC question. What happens when we get another GFC.

Meanhile I have a friend who is playing Ripple bounces.  Can’t figure out if he has balls of steel or is as dumb as a bag of hammers. Maybe both. 

[Wekkel]

While we're watching this, a much larger area of carnage is emerging.

US Guvpaper meltdown continuing this morning. Contagion into stawks also.

BTC --> $30k.

https://i.imgur.com/NBRUKZj.png

Compared to this, crypto is just a firecracker in a hot pan 

[TERA2]

When Tether collapses you will feel pretty stupid for not grabbing 8K, even if btc/usd proceeded to 6K. Ive already flipped it to the point of having virtually no cost basis and dont need to be so greedy that I lose it all..

[El duderino_]

if it bounces it can go to 9300 for a short period of time

And than bounce hard and harder and harder and breaking down all them heaters smash 25k into there faces and go on with mooning  

[TeeBone]

daily RSI under 30, usually in the past when it gets this low you get a large bounce/reversal.

[LFC_Bitcoin]

$8076 on Stamp

 

[pera]

The Bitfinex wall is astonishing:

Code:

8300 1872
8250 2150
8200 3200
8150 3614
8100 4108
8050 4693
8000 5481

[JayJuanGee]

From this levels, only sell btc

You giving advices, newbie?

If you think about it, BTC already had a bit more than a 50% price correction, and currently bouncing around the 35% to 45% territory.  

Seems like a good range to buy, rather than sell, but depends how many BTC you already have.  

I don't have any yet, but I will buy at a price 6700$. Good luck

Muahahahaa.. yeah right in another life or in your dreams

Just wait and see for ur self

Quote from: JayJuanGee on January 22, 2018, 09:19:07 AM
Quote from: Gelesko on January 22, 2018, 09:14:45 AM
From this levels, only sell btc

You giving advices, newbie?

If you think about it, BTC already had a bit more than a 50% price correction, and currently bouncing around the 35% to 45% territory.  

Seems like a good range to buy, rather than sell, but depends how many BTC you already have.  
I don't have any yet, but I will buy at a price 6700$. Good luck

So who is the newbie......? Huh, who is laughing now...... Should have listened to "NEWBIE"
GOOD LUCK anyways

Largely, I don't change what I am going to do.  If the price goes down I buy, and if the price goes up I sell.

If people, including you, come out with one liners stating there is "ONLY one way" blah blah blah, then that is certainly a questionable statement, even if it ends up becoming true down the road.

If you continue to take an ONLY approach, it is likely going to take only one time out of 20 to be wrong, and you lose all your profits from the prior 20.

So, personally, I don't play like that, even if you are trying  to laud some bullshit in my face about you supposedly being right and I am supposedly wrong.

If your strategy works for you, then play such strategy.. I am not in a competition with you or any other poster, including but not limited to Terabeara..

[Enjel]

While we're watching this, a much larger area of carnage is emerging.

US Guvpaper meltdown continuing this morning. Contagion into stawks also.

BTC --> $30k.

Can you explain this? I don't follow standard economy.

The dow is doing OK, so which stocks are down?

Also, how do you measure US dollar performance?

[luckygenough56]

World is f*cked we all knoow it

the real question is : week end pump or not ?