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

[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....  

[e-coinomist]

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

Extended drawing fibonaccy fans from ATH onto lowest low at(~ 6200) depics us still walking down the stairs. The difficulty on using fib-levels is about defining a "starting point" of sorts for the ATH pump.
Just picked august of 2017 since that has been the biggest event of 2017, that results in 7400-7800 hitting ... void, actually. 23.6% level beein -500 below that. $6800 looking more likely as an entry for the cautious.
Argueably the start could get moved to 3/26/2017 for a slightly different picture, just that would even lower these numbers even further.

During the next years (2018 - 2013 = 5) I'm exspecting the level we had during the ETF decision market swings, which happened to equal 2013 ATH, probably as a very solid floor. Twice of that level marking the entry into slow waters.

[RayX12]

Why is Nobuaki Kibayashi still alive?
Bitcoiners are way too civilized.  Fuck him in the ass now!
He is now hodling the funds he sold!
Corruption at its best!

GO BITCOIN GO!

Hello?     You forgot to mention the sound wisdom of: HODLCRAEFULLY!!!!!    

I like it:  HODLCRAEFULLY!!!!!    

I am surprised to see the Shorts/Longs graph..  both sides keep building up!

Blowup will be coming soon!  I hope it is up and those shorts get REKT!

https://datamish.com/dashboard/db/btcusd?refresh=10s&orgId=1&from=now%2Fw&to=now

[STT]

Break of the uptrend leads to weakness and a fallback to lower Fibonnaci lines perhaps.  8500 I have and 8200 is marked by another trader I saw as support, showing now I think.   Target upside would be 9000 which is the trend.    The apparent incentive to sell is the google ban on ICO type ventures.   However I dont need google, isnt that Ethereum ventures not bitcoin exactly.    I dont see advertising as any great drawback when crypto was always about the crowd not the centralised giant companies.   If anything I'd be glad to a reversion to that strength.

8555 would mark previous lows, I think that area is roughly the first point to overcome above the current price

[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.

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.

Which low? The lowest BTC has been since I have been involved was about $170. I don't think you mean that low however; since setting a bid a 1000 below that would be impossible. Unless the exchanges make it possible to have people disposing of their BTC by paying someone to take them off their hands.

[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.

Which low? The lowest BTC has been since I have been involved was about $170. I don't think you mean that low however; since setting a bid a 1000 below that would be impossible. Unless the exchanges make it possible to have people disposing of their BTC by paying someone to take them off their hands.

Lol no I mean the recent low, 7916. And if that gets broken down to say 7500 then replace it with that.