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

[JayJuanGee]

Guys, your reasons for the continuing downtrend are all wrong.

It's pretty simple.

1. Whale(s) spend a full year pumping Bitcoin and altcoins to the moon, using massive leverage.

2. Whale(s) gain control of the float and thin it out, pushing prices to the moon.

3. Whale(s) massively short sell/dump in one go. Ending bull run.  Whale mega money then sits on sidelines.

4. Whale(s) use lotza coins to squeeze remaining float up and down to make money trading. Mostly down.

5. Average Joes finally lose interest. Sell at bottom.

... and then... eventually... (*we are not there yet*)...

6. Whale(s) use sidelined mega money to scoop up cheap coins at the bottom. Downtrend over. Next bull run starts.

There are no "reasons". There are no plausible "FUD". Its just the way it goes.

Yep!!!!  This was all pre-planned from a year ago and perhaps two years.  There are whale manipulators who  knew these details all along.   I knew it.   

[Im not a robot]

Maybe the price is just going down because people deployed debt to fomo buy something they didn't bother to understand and had no intention of using...

Nah, must be manipulation.

[JayJuanGee]

Guys, your reasons for the continuing downtrend are all wrong.

It's pretty simple.

1. Whale(s) spend a full year pumping Bitcoin and altcoins to the moon, using massive leverage.

2. Whale(s) gain control of the float and thin it out, pushing prices to the moon.

3. Whale(s) massively short sell/dump in one go. Ending bull run.  Whale mega money then sits on sidelines.

4. Whale(s) use lotza coins to squeeze remaining float up and down to make money trading. Mostly down.

5. Average Joes finally lose interest. Sell at bottom.

... and then... eventually... (*we are not there yet*)...

6. Whale(s) use sidelined mega money to scoop up cheap coins at the bottom. Downtrend over. Next bull run starts.

There are no "reasons". There are no plausible "FUD". Its just the way it goes.

Avarage Joe hasn't lost interest yet. You still seem very interested.

Except he isn't Average Joe.

P.S. Are we not overfeeding the trolls? They're growing a bit fat and bold. Their smell is starting to make the place unpleasant to visit.

That's what the troll shits like bittarded want.   They want you to become discouraged, and to get caught up on irrelevant, misleading and purely incorrect information.  Don't give them such satisfaction of giving into their framework... like you correctly stated, Torque might be a conspiracy nutjob, from time to time, but he surely is no average joe, nor uninformed in the crypto space.

Except he isn't Average Joe.

Oh yeah? Please explain.

No explanation needed you fucktard.... I mean bittarded.

[LFC_Bitcoin]

It's OK, tomorrow is recycling day.  Imma go all around my neighborhood picking aluminum cans out of the bins.  I'll be fine...

I was thinking about walking into town with my dog & a guitar & getting my busk on. How am I going to live?

[Ludwig Von]

Guys, your reasons for the continuing downtrend are all wrong.

It's pretty simple.

1. Whale(s) spend a full year pumping Bitcoin and altcoins to the moon, using massive leverage.

2. Whale(s) gain control of the float and thin it out, pushing prices to the moon.

3. Whale(s) massively short sell/dump in one go. Ending bull run.  Whale mega money then sits on sidelines.

4. Whale(s) use lotza coins to squeeze remaining float up and down to make money trading. Mostly down.

5. Average Joes finally lose interest. Sell at bottom.

... and then... eventually... (*we are not there yet*)...

6. Whale(s) use sidelined mega money to scoop up cheap coins at the bottom. Downtrend over. Next bull run starts.

There are no "reasons". There are no plausible "FUD". Its just the way it goes.

Yep!!!!  This was all pre-planned from a year ago and perhaps two years.  There are whale manipulators who  knew these details all along.   I knew it.  

Probably this plus a lot of coincidences : Mt Gox, futures etc. Now the whales are just preparing to move  capital from their FANG investments to BTC, on their terms welunderstood. Although the first effect of the FANGs going South will and has, also a negative effect on BTC.

[rafanadal]

Maybe the price is just going down because people deployed debt to fomo buy something they didn't bother to understand and had no intention of using...

Nah, must be manipulation.

Sadly, you're probably right.

[conspirosphere.tk]

Yep!!!!  This was all pre-planned from a year ago and perhaps two years.  There are whale manipulators who  knew these details all along.   I knew it.   

Funny how the ATH was on the day futures went online.


https://medium.com/@super.crypto1/4th-dimension-bitcoin-manipulation-cartel-can-it-be-burnt-no-way-c53de65c166a

[gentlemand]

Funny how the ATH was on the day futures went online.

Self fulfilling prophecy.

One thing I've noticed consistently with many people in crypto is the keenness, bordering on desperation, to defer to a higher authority. Futures volumes have been negligible much of the time but that hasn't stopped people blaming it for anything and everything or indeed referring to it for their own trades.

I think that article's a crock of shit in the main. Bubbliness couldn't have gone much further. It was crossing from ludicrous to plain insulting with some of the alt valuations.

There will come a time when instruments like this command things. It's not here yet. That said the concept can affect minds just as much as it being put into practice.

[conspirosphere.tk]

There will come a time when instruments like this command things. It's not here yet. That said the concept can affect minds just as much as it being put into practice.

Yeah, nothing to see here.

[Im not a robot]

Funny how the ATH was on the day futures went online.

Self fulfilling prophecy.

One thing I've noticed consistently with many people in crypto is the keenness, bordering on desperation, to defer to a higher authority. Futures volumes have been negligible much of the time but that hasn't stopped people blaming it for anything and everything or indeed referring to it for their own trades.

I think that article's a crock of shit in the main. Bubbliness couldn't have gone much further. It was crossing from ludicrous to plain insulting with some of the alt valuations.

There will come a time when instruments like this command things. It's not here yet. That said the concept can affect minds just as much as it being put into practice.

The way I see it the psychological road from 3k to 20k first was driven by people fomo buying btc post bcash launch to chase 'free money' from the countless other shitcoin forks. This attracted massive media attention w absurd price predictions and drew in more buyers. After segwit2x failure attention shifted to futures launch with the 'largest transfer of wealth' 'dumping on wall st' narrative, but there was no room for btc to gain further on futures launch as it was already priced in.

[RayX12]

Guys, your reasons for the continuing downtrend are all wrong.

It's pretty simple.

1. Whale(s) spend a full year pumping Bitcoin and altcoins to the moon, using massive leverage.

2. Whale(s) gain control of the float and thin it out, pushing prices to the moon.

3. Whale(s) massively short sell/dump in one go. Ending bull run.  Whale mega money then sits on sidelines.

4. Whale(s) use lotza coins to squeeze remaining float up and down to make money trading. Mostly down.

5. Average Joes finally lose interest. Sell at bottom.

... and then... eventually... (*we are not there yet*)...

6. Whale(s) use sidelined mega money to scoop up cheap coins at the bottom. Downtrend over. Next bull run starts.

There are no "reasons". There are no plausible "FUD". Its just the way it goes.

Yep!!!!  This was all pre-planned from a year ago and perhaps two years.  There are whale manipulators who  knew these details all along.   I knew it.   

Plus all the nervous retirees that cant wait another year!

[yefi]

I would gladly trade places with romneymoney...

The picture still isn't inconsistent with a more rapid recovery. I'd like to see a bottom by May-June time, preferably above $4K. A repeat of 2014 can't exactly be waved off either, but it seems almost a little too obvious and easy? Maybe I'm overcomplicating my analysis, but if there's one thing I've learnt from Bitcoin, it's that price rarely treads the easy path.

[Spaceman_Spiff_Original]

I would gladly trade places with romneymoney...

The picture still isn't inconsistent with a more rapid recovery. I'd like to see a bottom by May-June time, preferably above $4K. A repeat of 2014 can't exactly be waved off either, but it seems almost a little too obvious and easy? Maybe I'm overcomplicating my analysis, but if there's one thing I've learnt from Bitcoin, it's that price rarely treads the easy path.

True, which is why I chose january in the first place, thinking a end of 2013 type of scenario might be in the cards. At the moment I would place a higher chance on the recovery taking a longer time though. However fundamentally things are certainly looking fine.

[Torque]

Yep!!!!  This was all pre-planned from a year ago and perhaps two years.  There are whale manipulators who  knew these details all along.   I knew it.  

Hey guys look, JJG is soooo smart! He just adds the sarcasm and eyeroll emoji and it means that he's right!

In fact he's always right! About everything! Let's all bow down the the master crypto god here!

(an annoying little narcissistic fuck... not much better than a troll)

EDIT: Fuck off JJG, really

EDIT #2: Not suffering the fools and idiots that hang out here any longer. Time to clean house.

[SidETH]

There will come a time when instruments like this command things. It's not here yet. That said the concept can affect minds just as much as it being put into practice.

Yeah, nothing to see here.

Can someone explain the expected effect of the end of these contracts on the market the coming days (say, beginning of april) to this newbie?

[Raja_MBZ]

Bitfinex Announces Addition of New Fiat Pairs; Adds Support for British Pounds & Japanese Yen

http://blog.bitfinex.com/announcements/fiat-trading-pair-additions/

[LFC_Bitcoin]

Bitfinex Announces Addition of New Fiat Pairs; Adds Support for British Pounds & Japanese Yen

http://blog.bitfinex.com/announcements/fiat-trading-pair-additions/

Bullish

[bitcoinPsycho]

Yep!!!!  This was all pre-planned from a year ago and perhaps two years.  There are whale manipulators who  knew these details all along.   I knew it.  

Hey guys look, JJG is soooo smart! He just adds the sarcasm and eyeroll emoji and it means that he's right!

In fact he's always right! About everything! Let's all bow down the the master crypto god here!

(an annoying little narcissistic fuck... not much better than a troll)

EDIT: Fuck off JJG, really

ED ::)IT #2: Not suffering the fools and idiots that hang out here any longer. Time to clean house.

 

[bitcoinPsycho]

it's hilarious how people gets ratty here when the price goes down
Edit:

[bitebits]

Can't believe that anno 2018 I am still able to casually buy a whole bitcoin, another one into the jar!
Looking forward high-fiveing future me.