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

[FrozenChaos]

Appears $12k is the pivotal turning point of this downtrend. Clear as day from the December ATH... next up, buying area between 7400-7800.

[fragout]

Shit dudes... looks like we're back to testing 30 day lows.

God fucking damnit.

I'm so confused.

If you zoom out to the weekly, Its like a carbon copy of the 2013 crash. Even the dates are close to now. I know this means noting and things are different this time (they say)
but its weird to say the least.
I still believe the price is being artificially forced down this time though so if they don't get too greedy and push it too far, there should be a quick recovery.

[SidETH]

To me it appears that all those technical graphs are complete fucking bullshit. Like crystal ball stuff. Or professional guessing, whatever.
Nevertheless I absorb the postive ones like a sponge.

[SidETH]

If you zoom out to the weekly, Its like a carbon copy of the 2013 crash. Even the dates are close to now. I know this means noting and things are different this time (they say)
but its weird to say the least.
I still believe the price is being artificially forced down this time though so if they don't get too greedy and push it too far, there should be a quick recovery.

Are you telling me I have to wait 2 years to get some decent action again?
Fuck

[Anon136]

If you zoom out to the weekly, Its like a carbon copy of the 2013 crash. Even the dates are close to now. I know this means noting and things are different this time (they say)
but its weird to say the least.
I still believe the price is being artificially forced down this time though so if they don't get too greedy and push it too far, there should be a quick recovery.

Are you telling me I have to wait 2 years to get some decent action again?
Fuck

Probably not. The world was oblivious to crypto back then. Now everyone knows about it. It's on almost everyone's radar. Totally different environment today. Extrapolating the past into the future probably isn't useful in that particular capacity.

[BitcoinBunny]

To me it appears that all those technical graphs are complete fucking bullshit. Like crystal ball stuff. Or professional guessing, whatever.
Nevertheless I absorb the postive ones like a sponge.

Of course they are.

+ The biggest bullshitters online are Tone Vays and Cliff High.

[infofront]

If you zoom out to the weekly, Its like a carbon copy of the 2013 crash. Even the dates are close to now. I know this means noting and things are different this time (they say)
but its weird to say the least.
I still believe the price is being artificially forced down this time though so if they don't get too greedy and push it too far, there should be a quick recovery.

Are you telling me I have to wait 2 years to get some decent action again?
Fuck

It'll be like the old days again, with nothing but chartbuddy posts blowing by like tumbleweeds.

[Jacques_Bittard]

I think that bitcoiners deserve their days of mediocre happiness now. Maybe until the end of the weekend..?

[JayJuanGee]

To me it appears that all those technical graphs are complete fucking bullshit. Like crystal ball stuff. Or professional guessing, whatever.
Nevertheless I absorb the postive ones like a sponge.

Of course they are.

+ The biggest bullshitters online are Tone Vays and Cliff High.

If you really believe what you are saying, then you are asserting fairly strong logic that peeps should be making their own assessments of BTC price direction(s) and taking various technical analysis with a grain of salt.  

Surely none of us knows the future with any kind of precision beyond asserting probabilities of event x as compared with event y, but some folks are going to be more in the ballpark in their predictions than others, and have developed strategies to profit from predictable volatility that has difficult to predict short term price direction(s).

[HairyMaclairy]

[El duderino_]

common someone say for every sold BTC there is a buyer

Right after someone says "the next 24 hours are critical"

Not before "1btc is still 1btc"

so if i understand, even in the next critical 24hours ... 1BTC wil still be 1BTC 

[Anon136]

common someone say for every sold BTC there is a buyer

Right after someone says "the next 24 hours are critical"

Not before "1btc is still 1btc"

so if i understand, even in the next critical 24hours ... 1BTC wil still be 1BTC 

Wait wait I've got one. We should all be happy about this decline, it's just a chance to buy more cheaper!

[bones261]

Wait wait I've got one. We should all be happy about this decline, it's just a chance to buy more cheaper!

This knife is going right through my grubby little hands though.

[El duderino_]

common someone say for every sold BTC there is a buyer

Right after someone says "the next 24 hours are critical"

Not before "1btc is still 1btc"

so if i understand, even in the next critical 24hours ... 1BTC wil still be 1BTC 

Wait wait I've got one. We should all be happy about this decline, it's just a chance to buy more cheaper!

understandble   so be happy we can buy more cheap coins @this critical 24Hours knowing 1BTC still worth 1BTC

[Anon136]

Wait wait I've got one. We should all be happy about this decline, it's just a chance to buy more cheaper!

This knife is going right through my grubby little hands though.

Maybe just keep a stop order about 1000 dollars off the low? True you will miss the bottom by 1000 bucks but you wont buy at 8000 just to see it fall to 4000.

[jojo69]

Surely this Jacques_Bittard troll shit shill job would have been with Tera beara calling the end of bitcoin (and further and more painful price corrections) during the March 2017 down to $890 - and that surely would not have been a good time to sell any decent amount of your bitcoins.

I wouldn't put the two of them in the same league. I see different levels of intellectual integrity at a bear minimum. Ooops, a BARE minimum, ehm.

oh come ON guys

a user name with both "bitter" and "retard" right in it?

most obvious sock puppet troll account ever, probably a WO regular doing it for the lulz

[JayJuanGee]

common someone say for every sold BTC there is a buyer

Right after someone says "the next 24 hours are critical"

Not before "1btc is still 1btc"

so if i understand, even in the next critical 24hours ... 1BTC wil still be 1BTC  

Wait wait I've got one. We should all be happy about this decline, it's just a chance to buy more cheaper!

That's Koreck Isaac Newton.  Even if we are not happy, we should be willing to make some lemonade out of these lemons.   

[Icygreen]

Bob,   I'm ready for that drink. Single malt kinda guy. A shot of Dalmore is high on the bucket list or a older Balvenie might be just as nice. I'll do my best not to get any bitcoiner tears in it.

32D6TKWE5LEgNk6u92bEm1GNAzmnheXbCt

[JayJuanGee]

Surely this Jacques_Bittard troll shit shill job would have been with Tera beara calling the end of bitcoin (and further and more painful price corrections) during the March 2017 down to $890 - and that surely would not have been a good time to sell any decent amount of your bitcoins.

I wouldn't put the two of them in the same league. I see different levels of intellectual integrity at a bear minimum. Ooops, a BARE minimum, ehm.

oh come ON guys

a user name with both "bitter" and "retard" right in it?

most obvious sock puppet troll account ever, probably a WO regular doing it for the lulz

I agree with you jojo regarding the stupid-ass obviousness to the trollish occupation of the tard.....


But I gotta take this opportunity to admit that I had overlooked d_eddie's earlier responsive post, and substantively, my attempted defense would be that I was NOT making any kind of broad lumping of J.Bittarded and Tera dee beara, but just asserting that the two of them would have been on the same page in March 2017 or perhaps anytime in bitcoin's history in which they are proclaiming sorcery in their ability to foresee an impending bitcoin doom crash that is BIGGER and WORSE than any of us blinded bulls imagine (and throwing out their bull criticisms), and in this regard, it is inevitable that at some point these broken records are going to be correct in terms of identifying that a BTC price correction is imminent.

By the way, there does seem to be decent evidence for the argument that this whole ongoing BTC downtrend remains an opportunity to continue to purge alts, rather than any reflection on any actual problem with BTC fundamentals.

+1 WOsMerit  It's why I always read all of your posts JJG...usually there is a diamond down in the rough.

Actually I overlooked this one too..., and I am soooooo soooooooo sooooo happy (not) that you can find some kind of value in my posts, from time to time.   

[JayJuanGee]

Bob,   I'm ready for that drink. Single malt kinda guy. A shot of Dalmore is high on the bucket list or a older Balvenie might be just as nice. I'll do my best not to get any bitcoiner tears in it.

32D6TKWE5LEgNk6u92bEm1GNAzmnheXbCt

hahhahahaha

Way to stay on top of things, Icygreen....