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

[JayJuanGee]

my chartz saying going up

Agreed, my WO bcash reference meter is showing that a big push upwards is about to occur.

I hope it really happened.
will bitcoin reach $ 9k soon? the current bitcoin price is still stable at the price of $ 8k

I understand that I am quibbling with you about your word choice of "stable" because bitcoin prices are not currently "stable."

If you had not noticed, BTC pricee are in the midsts of a price battle, and in other words, currently the BTC price is consolidating because the sides in this particular price battle are regrouping and putting together their munitions to continue their quests...

Accordingly, most of the time, us little peeps do not really have enough information (whether facts or logic) to be able to meaningfully determine which direction the BTC price is going to go with any level of confidence, even though some of us are likely to have hunches and some of us may wrongfully believe that we have some ideas or hunches.  

Surely, each of the whales are likely to know how much munitions that they individually have for their preferred direction of the battle (but even they might not be sure if they will be successful to push their preferred direction) because they are not frequently clear about how much ammunition that the other side has, even though they likely have their hunches, too (which are likely a bit better informed than some of us smaller peeps - could be factual information and could be logic, too)...

So, yeah, maybe we are heading to $9k, but perhaps we are heading to $7.5k... I certainly do not have any crystal ball regarding the shorter term BTC price direction, and I personally feel that I am within about 1% of coin toss territory, and I am not even very confident about how much confidence I have about my 1% territory, too.  

In sum... I remain (fairly strongly) of an opinion that current BTC price dynamics are not in a "stable" posture...  

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[Karartma1]

no, the other bcrew.....

ok, everbody we have another monkey escaped from the jungle. watch out.

about a 884k watch... really? such a waste of money and resources! but i guess if you realize you made tons of money out of nothing you simply don't care ..

[El duderino_]

no, the other bcrew.....

ok, everbody we have another monkey escaped from the jungle. watch out.

about a 884k watch... really? such a waste of money and resources! but i guess if you realize you made tons of money out of nothing you simply don't care ..

agree ....

[buyandhold]

When the markets are this choppy it's probably best just to



hodl

[vapourminer]

ugliest watch ever.

Meet the Urwerk UR-1001 then (~$400,000).

yup, i stand corrected. half the price, twice as ugly.

a Donald Duck watch is looking better and better in my eyes now.

[Karartma1]

When the markets are this choppy it's probably best just to



hodl

I will second that suggesting to hold tight.

We are noticing a very shy attempt of moving up. I see some green which is good but nothing extraordinary. We need another alts bloodbath. How long before those scammy icos will burst and let the fun begin? I hope within 6 months

[El duderino_]

[Agapios]

I dont like it, I hate it, but i got to admit the Bear whales are strong. News regarding bitcoin and crypto are very positive lately.  So I am thinking similar is going on like many times in stock market. Where hedge funds come in to surprise common folk with opposite move that you would think by news suggestions (common folk will usually have weak shorts or longs, and they will be cleared on stop lossed with big hedge funds moves, making hedge funds easy profits).

So I am thinking whales are killing all new comers (and those who decided to join on dips and invest from 8, 8.5, 9k....and are easier to panic and sell). Positive news situation atracts new investors, but bears kills them forever. But without new people...

[bitcoinPsycho]

I dont like it, I hate it, but i got to admit the Bear whales are strong. News regarding bitcoin and crypto are very positive lately.  So I am thinking similar is going on like many times in stock market. Where hedge funds come in to surprise common folk with opposite move that you would think by news suggestions (common folk will usually have weak shorts or longs, and they will be cleared on stop lossed with big hedge funds moves, making hedge funds easy profits).

So I am thinking whales are killing all new comers (and those who decided to join on dips and invest from 8, 8.5, 9k....and are easier to panic and sell). Positive news situation atracts new investors, but bears kills them forever. But without new people...

sorry for your loss. HODL

[TERA2]

Did you really think that duh hot newses or little conferences or slick worded blockchain barf talk from businessmen meant anything at all for bitcoin? What do you think this is a legacy stock?  Bitcoin doesnt care about news. The only thing that moves it are whales, TA, code changes, and new exchanges/liquidity.

[bitcoinPsycho]

$9000 in 24 hours confirmed

[Agapios]

$9000 in 24 hours confirmed

you get a merit if that comes true, if i forget remind me lol
i would love to see that once in a year someone makes a lucky guess

[El duderino_]

When the markets are this choppy it's probably best just to



hodl

I will second that suggesting to hold tight.

We are noticing a very shy attempt of moving up. I see some green which is good but nothing extraordinary. We need another alts bloodbath. How long before those scammy icos will burst and let the fun begin? I hope within 6 months

[hv_]

Observe these walls

https://zycrypto.com/the-largest-dynasties-of-bankers-continue-their-expansion-into-the-cryptocurrency-world/

[babanana]

Observe these walls

https://zycrypto.com/the-largest-dynasties-of-bankers-continue-their-expansion-into-the-cryptocurrency-world/

Confirmed. They are coming to siphon our money.

[LFC_Bitcoin]

$9000 in 24 hours confirmed

THE NEXT 24 HOURS ARE CRITICAL

[jojo69]

mmmmmmmmmmm

crazy pills

[bitcoinPsycho]

mmmmmmmmmmm

crazy pills

[Anon136]

Observe these walls

https://zycrypto.com/the-largest-dynasties-of-bankers-continue-their-expansion-into-the-cryptocurrency-world/

Confirmed. They are coming to siphon our money.

What? Our 300 and something billion? They fart that kind of money in their sleep. No. It's much more likely that they are coming in order to leverage what we have built to siphon normie money. The basic model looks like this, slowly quietly accumulate an asset, then when it's time to sell you get Jim Cramer to tell everyone that there is this secret asset that has flown under everyone's radar and that you mr normie can be the first person to get their hands on it! Then the people who were quietly accumulating sell to this new wave that Jim Cramer brings in.

Now I know this is pretty much a perfect example of what happened in 2017. Jim Cramer was even shilling for bitcoin on his show in 2017. But this well goes so so much deeper than what they tapped into in 2017, they are just getting started, and it's not about the money that's in it now, it's about the money that they can bring in. Heck, I wouldn't be surprised if this whole thing with MtGox liquidating on exchange is to suppress the price while they quietly accumulate OTC in preparation for the next pump and the next wave of Jim Cramer recommendations.

[Kylapoiss]

Thanks for providing some of your details.  I don't necessarily agree with your goals, but I would be concerned about some of your potential distractions with alt coins and that your perception that you have decent chances to use alt coins to accumulate more BTC than if you held BTC itself. 

I probably have disclosed numerous times in this thread that my alt coins tend to be less than 5% of my total holdings, and I think now is around 2%-ish.  I do understand that some members might have perceptions like yours that it is possibly useful to keep higher allocations in alts to accumulate BTC, and I tend to be o.k. if they were to take a 20% alt strategy, but not an 70% alt strategy as you seem to be currently... but maybe if you reversed your allocation to 70% BTC, you could still find a way to make it comfortable for you, especially if you have what seems to be a minimum 5 year investment and building of your portfolio plan.

Of course, in the end, you have to find your own level of comfort, but I tend towards lessening the gambling aspects which causes me to remain in the 90% plus arena for bitcoin, and I become less and less able to relate to those strategies the more that they allocate higher level to alts, even if they end up getting lucky by playing around with shit that can implode at any moment - which is not the same as the continuing strength of the fundamentals in bitcoin.

Well, I'm a believer in bitcoin, but can't say that I'm a maximalist as I'm not all-in with it. I see alts as an opportunity to get more bitcoin and so far my trades have been successful. I was almost 100% BTC about 2 months back when alts were bleeding and BTC somewhat held it's position, at least against the alts. Now there is more market movement in alts, so I have my main stash there. I'm a bit of a gambler myself aswell, maybe that's the reason I'm moving my stash around as much as I do.

But, like said, my main goal is to accumulate BTC. You got me worried a bit now, I think I'll transfer 30% of the wallet worth in BTC to a cold storage now and hodl it there, just for kicks.

If you have any interest, maybe we can continue the altcoin talk in private chat, don't want to spam this thread with it. I would just like to disclose what alts I have and why I have them.

Cheers!