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

[d_eddie]

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See how similar does it look? It is all over GoX again. Bloodbath to $2k incoming. They won't let it shoot up again unless dumb people do panic sells below $5k.

I checked that page, but I don't get the point. It seems to have been written in 2017 and updated.

*Btw whoever made this TA is a fucking genius and a legend.

The statements and predictions are generic, and there are whole orders of magnitude between alternatives. Are you being serious or sarcastic?

I don't know what you're looking at, but it looks to me like he absolutely fucking nailed it:


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Allright, that's too many knowledgeable voices defending this analysis, including fabiorem and possibly others not quoted here. I guess I must be wrong and just failed to see value in that post. Maybe I should read it again, with more attention.

[TERA2]

This is.. adoption of an entire TECHNOLOGY, eg blockchain.. not the pumping of the price value of a single coin/stock. Going back to your chart, how much was the first telephone/etc stock worth at the end of the chart?

[fabiorem]

This is.. adoption of an entire TECHNOLOGY, eg blockchain.. not the pumping of the price value of a single coin/stock. Going back to your chart, how much was the first telephone/etc stock worth at the end of the chart?

Telephones were not used as a currency.

[Last of the V8s]

"... these crypto-assets do not pose a risk to global financial stability," said Mark Carney

[doc12]

This is.. adoption of an entire TECHNOLOGY, eg blockchain.. not the pumping of the price value of a single coin/stock. Going back to your chart, how much was the first telephone/etc stock worth at the end of the chart?

Blockchain is just a database, its not separable a powerful POW network.

[TERA2]

As I was browsing some other tradingview forecasts, I came across at least one bullish scenario that looks/sounds plausible.

Why do people draw bats all over charts? It never means or predicts anything

[Searing]

OK...was despondent..... BTC and alt coins tanking...what to buy before they tank more...Kirby Vacumn salesman sold me a unit..just now....price went up $500 bucks for BTC

what the frack else should I do or buy? In that my retirement of 1/14/18 crashed crypto...I feel bad...(Karma hates me not working...)

...obviously, I control the BTC price with my odd behavior....such power....

(crap, now I actually have to clean stuff....crap....crap....retired 1/14/18 ..now I actually have to paint/fix my plumbing and actually SWEAT..use ladders ...sh*t....this whole retirement

thing..may not have been thought out fully)

hmm....what other odd things can I buy/do today to drive BTC price up.....hmmmm ...must be mundane...hmmm....the power!...it is daunting!


edit: buyer's remorse now up $900 bucks!

[thisisntbic]

As I was browsing some other tradingview forecasts, I came across at least one bullish scenario that looks/sounds plausible.

Why do people draw bats all over charts? It never means or predicts anything

I believe it is mocking the original poster of the chart, implying that the lines they drew mean as much as a bat/batman pasted on top.

[TERA2]

As I was browsing some other tradingview forecasts, I came across at least one bullish scenario that looks/sounds plausible.

Why do people draw bats all over charts? It never means or predicts anything

I believe it is mocking the original poster of the chart, implying that the lines they drew mean as much as a bat/batman pasted on top.

No that was me that put the bats on there, but he drew the lines shaped like bats originally..

[HairyMaclairy]

Short squeeze.  

Please come back next weekend.

Yep. Sheer luck. I closed my long with serious profit. Now back to shorting, ready to let go still in the green if it really moons, but actually preparing to get rich (well, almost) in a < 6k scenario.

Too early I think. Wait for next weekend.  This G20 news could very well drive a relief rally.

[HanvanBitcoin]

Holy fuck. That was an easy 10% gain Bought some more BTCTC this mourning. Watched the first race of MotoGP, went out with some friends to a restaurant, come back home and BTCoom, money made

[jojo69]

[bitserve]

Nice 1hr candle... but... mmhhh... donno

[luckygenough56]

that's one big candle

[HairyMaclairy]

G20 holds fire on crypto-regulation ... way clear for ETFs?

No.  G20 says crypto too small to regulate. SEC says crypto too small for ETFs.

[d_eddie]

Short squeeze.  

Please come back next weekend.

Yep. Sheer luck. I closed my long with serious profit. Now back to shorting, ready to let go still in the green if it really moons, but actually preparing to get rich (well, almost) in a < 6k scenario.

Too early I think. Wait for next weekend.  This G20 news could very well drive a relief rally.

Yes, reasonable point, HairyMaclairy, thanks for the tip.

I was a little uncertain myself, but my entry point is high enough to grant a little ginger boldness. If the week goes sideways-down as the past one, I can try and close it on profit a little at a time, without worries.

Now I can set a tight stop loss and basically forget it.  Back to life. Pheew... I wasn't born to be a trader, for sure.  

[Last of the V8s]

Stop losses dun always work.. or work fully on some exchanges. Otherwise nice job eddie

[HairyMaclairy]

I expect shenanigans and Bitcoin FUD next weekend courtesy of Ver. Don’t know what flavor but expect it is coming.

[marcus_of_augustus]

G20 holds fire on crypto-regulation ... way clear for ETFs?

No.  G20 says crypto too small to regulate. SEC says crypto too small for ETFs.

NO no, not exactly. SEC said there were no regulated exchanges trading bitcoin so ETF was on hodl. CBOE and CME now both trading bitcoin futures ... so I call your no and raise you a big NO.

[pfrtlpfmpf]

I let others do the thinking.
I allways have a peek at the funding book at Finex. It represents the sentiment of lots of people (hopefully professionals), actually putting their money on the line, voting with their feet.