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

[Robin,Hood]

Different approaches.  I try to sell some on the way down and rebuy on the way back up (lower than what I sold it for).

What sort of QTY are you dealing with? Less than 1BTC or More than 1BTC?

There's a first rule of bitcoin, which is to talk about bitcoin, but don't talk about your qty of bitcoin.  

Didn't you know that?

Sorry i didn't know that... I was just wondering how much BTC or $$$ some people here are dealing with...

I think the highest amount anyone in this thread has ever revealed is about .5 BTC. You have to give it to him though...he's pretty rich now after holding for 5 years.

A vast majority of our discussions are on tax compliance and how best to follow the rules.

It has been generally accepted that we all just go ahead and pay extra on top of any taxes earned just to be on the safe side. However nobody here actually gives any tax advice as we are not certified attorneys and that would be highly illegal, which is the last thing any of us want to do.

Some discussion is on how to become an IRS agent as that is the ideal job for anyone and we all wish we could be one but we're mostly not smart enough for such a prestigious career.

Had a casual conversation with an accountant over the weekend about paying tax. Guess I’ll know more in a few years. Also it’s different here in the U.K.
still gotta pay though!! No getting away from it!

The notion of being born and now own someone money is insanity.

This is what Jeff Berwick has to say

A Letter To The IRS: Go F*** Yourselves You Bunch Of Criminals
https://www.youtube.com/watch?v=XdCfk7a2Va0

Taxation Is Theft
https://www.youtube.com/watch?v=aM-Mmxm0OEQ

Sidenote
Every Turbo Jet Engine (Planes, F1 cars........ runs on compressed Air)
.

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[Jacques_Bittard]

So, you guys ready for tears or will we wait till Wednesday?

So tell us Jacques, what’s the price going to do this week?  Give us some hard numbers to work with.  

And while you are at it, tell us what’s going to happen in the second half of April.  I will happily accept a price range for that period.  

 If you want to make a contribution, provide some analysis.  Provide reasons.   Otherwise it’s just a circle jerk. 

Don't bother he's just a troll. A failure.

Yet, you are the one trying to troll me.. a crazy world we live in.

[styralf]

Hey Guys,

I Believe that the price is beeing manipulated up by whales, i have been watching bitfinex orderbook and there are many large buys of 50+ coins when price drops a little. Dont you Think that they are running up the price towards the Death Cross to dump it when it crosses? Tone Vays has talked alot of that you shouldn't short the Death Cross if the price is below it. So i belive they run it up towards it so they will be able to dump it.

What do you think of my theory?

I also see that markets allover the World are crumbeling, maby next financial crisis is here, so this i bullish.

 

It already crossed a few days ago. Right now bears are getting rekt. But they will never admit it. They say they are in control.

Well the Exponential MA200 and MA50 has not crossed on the Daily in my chart (Tone Vays used this one). Maby one or two days left. I did go all in long at 6650 (yes i am an addictive person  ). I just se small players selling and big players buying thats why im a little sceptical.

[dxbcoin]

Last week was a pretty tough for BTC when its open price was 8445 , went up a little bit to 8499 but then went down pretty fast and close at 6816. Big bear was rolling like a ball last week plus a high vol that showed us sellers took over the market. Today, stoch just got over the oversell area but probably it can't go a lot higher, anyway BTC would goes up a little bit. The BB also gives the same signal when the price touched the lower BB and start going to the middle one.

Just my personal and amateur opinion, I look forward to hearing from different pro here!

[pacman7331]

Bears making a stand at 7450.

Support around 7200 - 7250

[pacman7331]

Last week was a pretty tough for BTC when its open price was 8445 , went up a little bit to 8499 but then went down pretty fast and close at 6816. Big bear was rolling like a ball last week plus a high vol that showed us sellers took over the market. Today, stoch just got over the oversell area but probably it can't go a lot higher, anyway BTC would goes up a little bit. The BB also gives the same signal when the price touched the lower BB and start going to the middle one.

Just my personal and amateur opinion, I look forward to hearing from different pro here!

Daily Stoch is the one to look at IMHO unless you are day trading. On the 1 day chart we are just now reversing upward.

We will probably break out of this downtrend from 11700 in a couple days.

[Last of the V8s]

Hey Guys,

I Believe that the price is beeing manipulated up by whales, i have been watching bitfinex orderbook and there are many large buys of 50+ coins when price drops a little. Dont you Think that they are running up the price towards the Death Cross to dump it when it crosses? Tone Vays has talked alot of that you shouldn't short the Death Cross if the price is below it. So i belive they run it up towards it so they will be able to dump it.

What do you think of my theory?

I also see that markets allover the World are crumbeling, maby next financial crisis is here, so this i bullish.

 

It already crossed a few days ago. Right now bears are getting rekt. But they will never admit it. They say they are in control.

Well the Exponential MA200 and MA50 has not crossed on the Daily in my chart (Tone Vays used this one). Maby one or two days left. I did go all in long at 6650 (yes i am an addictive person  ). I just se small players selling and big players buying thats why im a little sceptical.

https://www.tradingview.com/chart/7fsxY6qE/ is tony's chart. they crossed last month. let's move on.

Bears are indeed stocking up their wee wallets to continue their controlled demolition job, hoping the amateur traders will help them by capitulating at the first sign of FUD.

[pacman7331]

Hey Guys,

I Believe that the price is beeing manipulated up by whales, i have been watching bitfinex orderbook and there are many large buys of 50+ coins when price drops a little. Dont you Think that they are running up the price towards the Death Cross to dump it when it crosses? Tone Vays has talked alot of that you shouldn't short the Death Cross if the price is below it. So i belive they run it up towards it so they will be able to dump it.

What do you think of my theory?

I also see that markets allover the World are crumbeling, maby next financial crisis is here, so this i bullish.

 

It already crossed a few days ago. Right now bears are getting rekt. But they will never admit it. They say they are in control.

Well the Exponential MA200 and MA50 has not crossed on the Daily in my chart (Tone Vays used this one). Maby one or two days left. I did go all in long at 6650 (yes i am an addictive person  ). I just se small players selling and big players buying thats why im a little sceptical.

As I understand it's the simple moving average that is used for the death cross / golden cross.

[serveria.com]

So, you guys ready for tears or will we wait till Wednesday?

So tell us Jacques, what’s the price going to do this week?  Give us some hard numbers to work with.  

And while you are at it, tell us what’s going to happen in the second half of April.  I will happily accept a price range for that period.  

 If you want to make a contribution, provide some analysis.  Provide reasons.   Otherwise it’s just a circle jerk. 

Don't bother he's just a troll. A failure.

Yet, you are the one trying to troll me.. a crazy world we live in.

Yeah so you predicted bull tears today? Where is it? I can only see a green dildo in bear ass! You failed again bro!

[yefi]

Edit: Ahh that address has BTC142k in it so calling FUD on MtGox link

Yep, it's fuddy dud. No movement on the Gox coins: https://www.cryptoground.com/mtgox-cold-wallet-monitor/

[Last of the V8s]

ah er yes simple not exponential
moving swiftly on

[rafanadal]

weak shit

[pacman7331]

Whale dumped on bitstamp

[Jacques_Bittard]

So, you guys ready for tears or will we wait till Wednesday?

So tell us Jacques, what’s the price going to do this week?  Give us some hard numbers to work with.  

And while you are at it, tell us what’s going to happen in the second half of April.  I will happily accept a price range for that period.  

 If you want to make a contribution, provide some analysis.  Provide reasons.   Otherwise it’s just a circle jerk. 

Don't bother he's just a troll. A failure.

Yet, you are the one trying to troll me.. a crazy world we live in.

Yeah so you predicted bull tears today? Where is it? I can only see a green dildo in bear ass! You failed again bro!

Like I said, no one knows the certain direction of this beast. I'm also wrong sometimes, not often, but sometimes I truly am. If you have to be wrong, then you better be wrong when it won't cost you money. Although, I haven't seen any tears yet, we shouldn't forget that today is not over yet. Luckily, your eager enthusiasm and feeling of certainty encourages me. Maybe we'll still see some nice bitcoiner tears. Maybe we are so lucky..

[pacman7331]

So, you guys ready for tears or will we wait till Wednesday?

So tell us Jacques, what’s the price going to do this week?  Give us some hard numbers to work with.  

And while you are at it, tell us what’s going to happen in the second half of April.  I will happily accept a price range for that period.  

 If you want to make a contribution, provide some analysis.  Provide reasons.   Otherwise it’s just a circle jerk. 

Don't bother he's just a troll. A failure.

Yet, you are the one trying to troll me.. a crazy world we live in.

Yeah so you predicted bull tears today? Where is it? I can only see a green dildo in bear ass! You failed again bro!

Like I said, no one knows the certain direction of this beast. I'm also wrong sometimes, not often, but sometimes I truly am. If you have to be wrong, then you better be wrong when it won't cost you money. Although, I haven't seen any tears yet, we shouldn't forget that today is not over yet. Luckily, your eager enthusiasm and feeling of certainty encourages me. Maybe we'll still see some nice bitcoiner tears. Maybe we are so lucky..

So you aren't trading? Just bullshitting? Welcome to my ignore list. 

[Jacques_Bittard]

So, you guys ready for tears or will we wait till Wednesday?

So tell us Jacques, what’s the price going to do this week?  Give us some hard numbers to work with.  

And while you are at it, tell us what’s going to happen in the second half of April.  I will happily accept a price range for that period.  

 If you want to make a contribution, provide some analysis.  Provide reasons.   Otherwise it’s just a circle jerk. 

Don't bother he's just a troll. A failure.

Yet, you are the one trying to troll me.. a crazy world we live in.

Yeah so you predicted bull tears today? Where is it? I can only see a green dildo in bear ass! You failed again bro!

Like I said, no one knows the certain direction of this beast. I'm also wrong sometimes, not often, but sometimes I truly am. If you have to be wrong, then you better be wrong when it won't cost you money. Although, I haven't seen any tears yet, we shouldn't forget that today is not over yet. Luckily, your eager enthusiasm and feeling of certainty encourages me. Maybe we'll still see some nice bitcoiner tears. Maybe we are so lucky..

So you aren't trading? Just bullshitting? Welcome to my ignore list. 

So.. trading is done in this thread. The world is getting crazier and crazier..

[styralf]

Hey Guys,

I Believe that the price is beeing manipulated up by whales, i have been watching bitfinex orderbook and there are many large buys of 50+ coins when price drops a little. Dont you Think that they are running up the price towards the Death Cross to dump it when it crosses? Tone Vays has talked alot of that you shouldn't short the Death Cross if the price is below it. So i belive they run it up towards it so they will be able to dump it.

What do you think of my theory?

I also see that markets allover the World are crumbeling, maby next financial crisis is here, so this i bullish.

 

It already crossed a few days ago. Right now bears are getting rekt. But they will never admit it. They say they are in control.

Well the Exponential MA200 and MA50 has not crossed on the Daily in my chart (Tone Vays used this one). Maby one or two days left. I did go all in long at 6650 (yes i am an addictive person  ). I just se small players selling and big players buying thats why im a little sceptical.

https://www.tradingview.com/chart/7fsxY6qE/ is tony's chart. they crossed last month. let's move on.

Bears are indeed stocking up their wee wallets to continue their controlled demolition job, hoping the amateur traders will help them by capitulating at the first sign of FUD.

Okay, your right, i used exponential moving average, that was wrong.

Took a loan and been holding since 220 dollars so im not new in this game and understand what bitcoin is all about, just an amateur trader. Well i sold alot on the way up, never expected it to go to 20.000 so fast, i expected 10x rise as previous "bubbles".

So i trade for fun and want an even earlier retierment than just holding, is like gambling to me so no need to be a deuchebag.

[LFC_Bitcoin]

Jacques Bittard is a no coiner - put him on ignore & be free from his bull shit. He’s butthurt he has 0 or very few bitcoin’s. His inner depression, rage & hatred of himself manifests itself in bearish, jealous posts. He probably knew about bitcoin a long time ago & SHOULD be very rich but he missed or refused to take advantage of opportunities he had & the sorry, depressed poster is the result of his failures.

[Last of the V8s]

https://www.tradingview.com/chart/7fsxY6qE/ is tony's chart. they crossed last month. let's move on.

Bears are indeed stocking up their wee wallets to continue their controlled demolition job, hoping the amateur traders will help them by capitulating at the first sign of FUD.

Okay, your right, i used exponential moving average, that was wrong.

Took a loan and been holding since 220 dollars so im not new in this game and understand what bitcoin is all about, just an amateur trader. Well i sold alot on the way up, never expected it to go to 20.000 so fast, i expected 10x rise as previous "bubbles".

So i trade for fun and want an even earlier retierment than just holding, is like gambling to me so no need to be a deuchebag.

Please could you help me understand what bitcoin is all about, because I confess I don't.

[Alexander_Z]

There's a first rule of bitcoin, which is to talk about bitcoin, but don't talk about your qty of bitcoin.  

I have not heard of it before, probably I've been hibernating when it was mentioned first. It makes sense, however...