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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21335113 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (104 posts by 20 users deleted.)
Harlot
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April 17, 2018, 05:29:55 PM

It looks like things will get ugly Bitcoin is currently on its 2 hoursly chart it is forming a Head and Shoulders and we are currently completing the right shoulder. After several failed attempt to go back up above 8,500$ or more we might be going back down below 7,000$ if BTC will not break this formation we need to think of shorting is now until it is up above 8,000$. Volume is also decreasing which is an indicator that the market is still bearish on Bitcoin. MACD also formed a bearish divergence which signifies a momentum going down.
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April 17, 2018, 05:39:22 PM

It looks like things will get ugly Bitcoin is currently on its 2 hoursly chart it is forming a Head and Shoulders and we are currently completing the right shoulder. After several failed attempt to go back up above 8,500$ or more we might be going back down below 7,000$ if BTC will not break this formation we need to think of shorting is now until it is up above 8,000$. Volume is also decreasing which is an indicator that the market is still bearish on Bitcoin. MACD also formed a bearish divergence which signifies a momentum going down.

So you want me to sell?

Got it
gembitz
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April 17, 2018, 05:40:53 PM

It looks like things will get ugly Bitcoin is currently on its 2 hoursly chart it is forming a Head and Shoulders and we are currently completing the right shoulder. After several failed attempt to go back up above 8,500$ or more we might be going back down below 7,000$ if BTC will not break this formation we need to think of shorting is now until it is up above 8,000$. Volume is also decreasing which is an indicator that the market is still bearish on Bitcoin. MACD also formed a bearish divergence which signifies a momentum going down.

BTCBTC///^WHEN $10,000? :-D LOLLL
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April 17, 2018, 05:42:23 PM

It looks like things will get ugly Bitcoin is currently on its 2 hoursly chart it is forming a Head and Shoulders and we are currently completing the right shoulder. After several failed attempt to go back up above 8,500$ or more we might be going back down below 7,000$ if BTC will not break this formation we need to think of shorting is now until it is up above 8,000$. Volume is also decreasing which is an indicator that the market is still bearish on Bitcoin. MACD also formed a bearish divergence which signifies a momentum going down.

I didn't go to no Harvard or anything so I don't know about all of them fancy words.

But all I know is the bitcoin price is up 1% for the day.

As for "we need to think of shorting"...I can only speak for myself and I will be hodling.
BobLawblaw
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April 17, 2018, 05:46:09 PM

we need to think of shorting

No. Bad things happen.

Fazlurkhan.kz
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April 17, 2018, 05:57:15 PM

Bitcoin has been fluctuating near 8k for a past few days. It was similar last year around November when the price was fluctuating from 6k to 9k and then it boosted up to 19 k in the next month.
This is the chart of a few days-

This is the complete year's chart-
conspirosphere.tk
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April 17, 2018, 06:00:33 PM

It looks like things will get ugly Bitcoin is currently on its 2 hoursly chart it is forming a Head and Shoulders

Zoom out & relax. I'm liking the 3D chart atm:

BTCMILLIONAIRE
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April 17, 2018, 06:24:08 PM


So, what's the alternative to capitalism in your book? Cause I don't see anything wrong with it. It's the only system, if unobstructed, that self-regulates. Everything else is artificially steered by humans, humans that are inherently incapable of seeing the bigger picture of all the interactions in a system as complex as our planet. And so far I haven't even read about anything that comes even remotely close to capitalism.

Democracy on the other hand... is just the opposite extreme of authoritarian regimes and ultimately not much different.

Capitalism self-regulates just fine in some cases, like it will determine the number of barbershops in a town. But there are other cases: bank runs, monopolies, etc.
Bank runs are only a problem because banks lend out 50 times more than they have.
Which would not be a problem either if tax dollars didn't bail those fruits out.
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April 17, 2018, 06:26:10 PM
Merited by Ibian (1), edgar (1)


And if you complain about migrants on facebook or twitter, you go to jail. At least in germany and england, same pattern everywhere, just a matter of degrees.

Slight exaggeration. If true, the 51.9% of UK population who voted for Brexit primarily due to immigration concerns would be in jail.  You can complain about migrants, it's racism which is illegal and rightly so.

In other news....it's a sea of green in cryptoland  Grin

Racism is illegal? Despite our problems, I'm often glad I live in America, where at least we have truly free speech.
No you don't. Not since the invention of hate speech.

Hate speech is still legal and protected speech.
And it still ends your career, even if it's a scientifically founded and rational argument that has nothing to do with actual hate. See the fired Google engineer for one very prominent example of this fact. And fuck knows how many went under the radar thanks to the liberal hive mind.
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April 17, 2018, 06:26:43 PM

It looks like things will get ugly Bitcoin is currently on its 2 hoursly chart it is forming a Head and Shoulders

Zoom out & relax. I'm liking the 3D chart atm:



I'm no chart specialist but isn't this almost a double-bottom?

BobLawblaw
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April 17, 2018, 06:28:18 PM

I'm no chart specialist but isn't this almost a double-bottom?

Technically, I think we are witnessing a rare quadruple-bottom.
infofront
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April 17, 2018, 06:34:28 PM


And if you complain about migrants on facebook or twitter, you go to jail. At least in germany and england, same pattern everywhere, just a matter of degrees.

Slight exaggeration. If true, the 51.9% of UK population who voted for Brexit primarily due to immigration concerns would be in jail.  You can complain about migrants, it's racism which is illegal and rightly so.

In other news....it's a sea of green in cryptoland  Grin

Racism is illegal? Despite our problems, I'm often glad I live in America, where at least we have truly free speech.
No you don't. Not since the invention of hate speech.

Hate speech is still legal and protected speech.
And it still ends your career, even if it's a scientifically founded and rational argument that has nothing to do with actual hate. See the fired Google engineer for one very prominent example of this fact. And fuck knows how many went under the radar thanks to the liberal hive mind.

There's really nothing unique about hate speech though. Being vocal about one's unpopular and/or inflammatory opinions is often detrimental to one's career.
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April 17, 2018, 06:35:03 PM

I'm no chart specialist but isn't this almost a double-bottom?

Technically, I think we are witnessing a rare quadruple-bottom.

Pics or it didn't happen
BobLawblaw
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April 17, 2018, 06:41:36 PM

I'm no chart specialist but isn't this almost a double-bottom?
Technically, I think we are witnessing a rare quadruple-bottom.
Pics or it didn't happen



Happy now ?
Last of the V8s
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April 17, 2018, 06:43:28 PM

it's an Adam & Eve bottom
BTCMILLIONAIRE
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April 17, 2018, 06:46:59 PM


And if you complain about migrants on facebook or twitter, you go to jail. At least in germany and england, same pattern everywhere, just a matter of degrees.

Slight exaggeration. If true, the 51.9% of UK population who voted for Brexit primarily due to immigration concerns would be in jail.  You can complain about migrants, it's racism which is illegal and rightly so.

In other news....it's a sea of green in cryptoland  Grin

Racism is illegal? Despite our problems, I'm often glad I live in America, where at least we have truly free speech.
No you don't. Not since the invention of hate speech.

Hate speech is still legal and protected speech.
And it still ends your career, even if it's a scientifically founded and rational argument that has nothing to do with actual hate. See the fired Google engineer for one very prominent example of this fact. And fuck knows how many went under the radar thanks to the liberal hive mind.

There's really nothing unique about hate speech though. Being vocal about one's unpopular and/or inflammatory opinions is often detrimental to one's career.
Yeah, sure. If you're being a cunt you deserve what's coming at you. But the Google engineer that was fired didn't even get anywhere close to what any rational being could ever even jokingly consider as hate speech. And I'd be genuinely shocked if he was the only one who lost his job (and got blocked from getting other jobs in the area) for not participating in the 60 gender horseshit while being civil about it.
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April 17, 2018, 06:47:12 PM

https://www.ethnews.com/ny-attorney-general-launches-inquiry-into-cryptocurrency-exchanges
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April 17, 2018, 06:52:27 PM


oh, joy. *insert eyeroll here*
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April 17, 2018, 06:54:54 PM

What's with this artificial dump?
BobLawblaw
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April 17, 2018, 06:56:23 PM

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