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

[jojo69]

So, who sold at the bottom? Bear trap is over and according to masterluc we're in the beginning of the 4th wave. From this point we're going UP!

it's not over until rosewater and I are passed out in a pool of broken glass, tears, and our own vomit

[Enjel]

A russian guy who predicted the 2013 Bullrun/bearmarket.

Wait a minute.  If the price rising and then crashing was entirely due to printing Gox dollars out of thin air and none of it was an aggregate market at all (not that bitcoin ever is but like 1% of the time), just how can some random Russian guy take credit for predicting anything?  How the hell does that make ANY sense?  If anything his prediction was completely wrong and then Karpeles' fraud accidentally made it line up.

Who knows how he predicted the price crash and 2 year bear market? He seems to mainly use TA.

However, the conspiracy theorist part of me sees how stunningly accurate some of his recent predictions were (like bottom 9k during the last drop) that I wonder if he knows more than just TA lines on a graph.

[serveria.com]

Here's the latest graph from masterluc: https://ru.tradingview.com/chart/BTCUSD/hg0S8xjw-historical-3-looks-to-be-completed/ fresh off his website. As you can see 5th wave is going straight to the MOON. So buckle up and hold on to your butts. 

[xhomerx10]

So, who sold at the bottom? Bear trap is over and according to masterluc we're in the beginning of the 4th wave. From this point we're going UP!

it's not over until rosewater and I are passed out in a pool of broken glass, tears, and our own vomit

 Sounds like the aftermath of every party I've ever attended.  Seems bullish!

[HairyMaclairy]

Look at the mem pool 2 hour chart.

It should be soaring.  It’s not.  If anything it’s slowly falling.  

The whipsaw should have taken us higher.  

I think we are going back down again.

[itod]

A russian guy who predicted the 2013 Bullrun/bearmarket.

Wait a minute.  If the price rising and then crashing was entirely due to printing Gox dollars out of thin air and none of it was an aggregate market at all (not that bitcoin ever is but like 1% of the time), just how can some random Russian guy take credit for predicting anything?

lol, he is not "random", take a look at his predictions. Never guesses, always arguments his claims.

[jojo69]

looks at the mempool

[serveria.com]

looks at the mempool

What should I see in the mempool?

[Thekool1s]

So, who sold at the bottom? Bear trap is over and according to masterluc we're in the beginning of the 4th wave. From this point we're going UP!

Why would it go up? The market just collapsed to $7500, yet the market imploding is somehow "bullish"?  What planet are you from where you think a parabolic blow-off top occurs and then somehow another bull market happens again right after?  Any real market on earth would be stuck in an extended bear market for years after the bubble implodes like that.  In order for it to instantly skyrocket now for no reason, it would be required to be a scam since no legit market does that.

Welcome to the age of internet you old fart... Here in 1 minute 3.6 Million searches are made... 4.1 million videos are viewed.. And shit load of other stuff which happens within a minute[http://www.visualcapitalist.com/happens-internet-minute-2017/].. Yet alone a day...

[toknormal]

Here he comes again !!

This guy's on a mission from God. A horse trader who just realised the piston engine got invented but can't think what it could be used for.

[Sitarow]

down we go.

Word to the wise and caution for thew new ones.

The crypto market can be easily controlled by special interest groups using techniques such as conclusion, misinformation, and insider trading that would net them some jail time in the traditional stock or currency markets.

For the last 48 hours it's obvious how both ETH and LTC are slowly being devalued against BTC via the introduction of BCH trading pairs between BCH/LTC BCH/ETH BCH/DASH BCH/ZEC.

Coins such as EOS that only have BTC and ETH as trading pairs have remained untouched and have gained in BTC valuation.

It works with those fud charts that become a self fulfilling proficiency with just a little help from old market manipulator... Wink wink nudge nudge know what I mean?

Remember oldschool and new day traders regulation that has helped the "traditional" market manipulation is not present in the crypto currency exchanges.

Perhaps on Feb 6th we will know more on how steps will be enforced adopted into this market.

Market manipulation to devalue XYZ crypto coins in favor of abc coins leave behind clues that may get such participants in trouble in the forthcoming months.

[MelMan2002]

mempool and unconfirmed transactions rising.

We have wormsign.

Buuut...something something Lightning Network...

[gembitz]

So, who sold at the bottom? Bear trap is over and according to masterluc we're in the beginning of the 4th wave. From this point we're going UP!

Hope so - didn't sell, but it has been an interesting week or so - had fun riding the waves - lets see if we get a nice boost again...

i hope you know this is all you guys fault hodling forever and not USING the coins for charity and sharing :-D weee #backtoearth

[GreekGeek]

is crypto done?

[Globb0]

Crashed to 8x now

[cofefeGandalf]

is crypto done?

Yes, single digits any day now. Prepare your buttholes!

/s

[realr0ach]

As you can see 5th wave is going straight to the MOON. So buckle up and hold on to your butts.  

So you don't actually need buyers for the price to go up?  It just magically goes up because someone makes a fraudulent chart claiming the price will go upwards at a 45 degree angle forever while taking no fundamentals, competitors, or scalability in regard?  Who the fuck is going to be buying $100,000 bitcoins?  Cost of production is like $3k right now, so cost of production would need to increase by an entire order of magnitude to like $30k or more. Bitcoin already takes the power consumption of an entire country in the EU, so it would then use as much power as the entire nation of America? LOL.

You would need numerous more halvings for the energy consumption to not be off the charts to pump and dump it that high.  Also, it's a fucking Elliot wave chart.  Elliot wave people are the KING bullshit con artists who always get things wrong and then go back and claim "it appears this particular noise on the chart was the real 3rd wave count and not this one".  They always go back and retroactively adjust wave counts to claim they're right when the chart fails.  This is why the Elliot Wave creator died broke.

And like I said before, bitcoin defeated "the tulip bubble" as the biggest bubble on earth and then imploded in a blow-off top, yet it's magically supposed to instantly pump and dump AGAIN with no bear market after the largest pump and dump in history?

[ccminer.net]

looks at the mempool

What should I see in the mempool?

the unconfirmed transaction number is rising again!

[rezurect007]

looks at the mempool

What should I see in the mempool?

the unconfirmed transaction number is rising again!

Ive noticed spikes before volatility..
Coins moving around wallets..
or im making stuff up

[serveria.com]

looks at the mempool

What should I see in the mempool?

the unconfirmed transaction number is rising again!

and....??