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

[El duderino_]

I want to experience the same thing you all did back in the day.

My wish is about to become real. I am so excited. $3k incoming. 

Are you excited too guys? Are you?

Soon I'll be able to complete my "5btc party" ticket. 

Oooooh not welcome @btc party’s
When wishing low doom prices 

[RivAngE]

It's funny how the media is throwing the ball to ETF delays. Like having ETF and making it easier for manipulators to short Bitcoin would bring any benefit to crypto-believers like us.

Sure, whoever started this dive timed the selling with the news about the ETFs, but only in order to confuse weak hands and intensify the confusion and panic.
What I don't understand is HOW is someone able to manipulate the market, whenever they decide to sell they make it so people will panic sell driving the price lower. When they're happy with the lower price they buy so much that a spike is created and people go into FOMO mode, driving the price higher only for the manipulators to repeat the circle.

Even though I'm an experienced forex and stock market trader, when I tried to trade some Bitcoin futures I got for free (signature campaigns) I got beaten from the market.
For as long as there are people trying to trade Bitcoin instead of HODLing it, manipulators will keep playing with the price.

[Elwar]

I'm not liking the new crop of folks that came in this past year. They don't really know anything about Bitcoin (Satoshi? Is that some sort of seafood?). They just want to see the price go up. Maybe the government can pass a law to make the price go up. That's all that matters.



I hope the price crashes to the point that they all sell the bottom and never come back until they're paying for their bread after waiting in the bread line with bitcoins.

[slowlyslowly]

I want to experience the same thing you all did back in the day.

My wish is about to become real. I am so excited. $3k incoming. 

Are you excited too guys? Are you?

Soon I'll be able to complete my "5btc party" ticket. 

you are trolling us.   

Even you realize, still, that $3k is not likely to happen without some very, very, very powerful FUD spreading... Maybe another "hack" of Bitfinex or Binance or some other BIG news could push us in that extreme of a direction...

I am not so sure. Bitcoin has had massive drops in percentage terms after we have skyrocketed before. I think a figure of $3,000 is quite possible without some a new bad news event or lots of FUDding. Does anyone really know why we stopped at about $6,000 on the initial rundown? if it was whales holding up the price they may do it again at a lower figure next time?

But I am overall very bullish. Gosh we were at about $3,000 only about a year ago and at the point it was at an 'all time high". Every bitcoin bought in the years before that even if it goes to $3,000 is a great purchase.  And in a few years we will be laughing at how low $19,000 was just like we laugh now at the $31 peak or the $1000 peak. Just slowly buy and hold - we are in fine shape - bitcoin has seen off everything people have thrown at it and the basic reasons for owning remain the same as 2009 so more new comers will buy in as they get told about the benefits. Time is our friend.

[withlove99]

BTC can't to reach 83xx - 84xx as I expected, this is disappointing
If D1 confirm down new cycle when candle drops below 6369. Note this. Red line will take effect.
How is the opinion of people?

[bitebits]

How is the opinion of people?

Is Bitcoin stronger than yesterday?

Yes.

[HairyMaclairy]

For as long as there are people trying to trade Bitcoin instead of HODLing it, manipulators will keep playing with the price.

Which is why I have made one trade in the past 3 months (a buy). Fuck that noise I’m holding.  

[HairyMaclairy]

[El duderino_]

we going to 3 k boys? 

4850

pointless talking low numbers ....whatever 4-dig nr is the same
next target is 5-dig      the next stop after 6-dig and ...... 

[Last of the V8s]

How is the opinion of people?

Is Bitcoin stronger than yesterday?

Yes.

Yes

"Every day that goes by and Bitcoin hasn't collapsed due to legal or technical problems, that brings new information to the market. It increases the chance of Bitcoin's eventual success and justifies a higher price."- Hal Finney #Bitcoin

[mymenace]

Be nice to see a 100 x rise in an alt again they were good days, need a lot of btc to do that now

Anywho, this market seems to be able to go to 6 in this environment, too much to lose otherwise

[Last of the V8s]

Be nice to see a 100 x rise in an alt again they were good days, need a lot of btc to do that now

Anywho, this market seems to be able to go to 6 in this environment, too much to lose otherwise

Alts are scams.


Yuh we have to test the 6k level yet again in order to move on.

[Last of the V8s]

[El duderino_]

Be nice to see a 100 x rise in an alt again they were good days, need a lot of btc to do that now

Anywho, this market seems to be able to go to 6 in this environment, too much to lose otherwise

Alts are scams.
Yuh we have to test the 6k level yet again in order to move on.

better be testing 9 or so have seen 6 enough for the moment

[Raja_MBZ]

Crypto Market Cap: $230 billion

*the new low of 2018*

[jonoiv]

Be nice to see a 100 x rise in an alt again they were good days, need a lot of btc to do that now

Anywho, this market seems to be able to go to 6 in this environment, too much to lose otherwise

Alts are scams.
Yuh we have to test the 6k level yet again in order to move on.

better be testing 9 or so have seen 6 enough for the moment

Testing 9 in my mind too!   9k and stage 9 of phase B of a broken elliot wave! I wonder if elliott wave's always behave correctly if all the people have equal funds at the start of a wave.  

This is just a possible idea ive been looking at.... Im sure it will piss off the bulls as much as the bears,  something for everyone to hate.  

[RivAngE]

https://www.newsbtc.com/2018/08/08/fud-fueled-crypto-market-dumps-25-billion-in-24-hours/

We're 9.5% down in 24 hours?! Is that how much we fell? REALLY?!

Once again traders and hodlers have been suckered into the FUD frenzy and are selling out of crypto. It was hardly as if this decision wasn’t expected and nothing else has really changed in the ecosystem. Total market capitalization has plunged 9.5% on the day resulting in a loss of almost $25 billion. They are currently at their lowest point in 2018 which is just over $231 billion and the bear market is still in full effect.

[fabiorem]

I voted in the last option in the pool.

But we are still at 7k.

OR

OR

[mymenace]

https://www.newsbtc.com/2018/08/08/fud-fueled-crypto-market-dumps-25-billion-in-24-hours/
We're 9.5% down in 24 hours?! Is that how much we fell? REALLY?!

Once again traders and hodlers have been suckered into the FUD frenzy and are selling out of crypto. It was hardly as if this decision wasn’t expected and nothing else has really changed in the ecosystem. Total market capitalization has plunged 9.5% on the day resulting in a loss of almost $25 billion. They are currently at their lowest point in 2018 which is just over $231 billion and the bear market is still in full effect.

What FUD, that was a week ago, they dumped then.

[ssmc2]

How is the opinion of people?

Thick, miasmic darkness surrounds us.
Infecting. Seething.
Intentions: Unclear.
All hope disappears.


(Sorry, I began working on a new project yesterday, and have been pumping out lyric ideas for the last two weeks like some modern-industrial Edgar Allan Poe...)

Damn Bob that's some Trent Reznor level despair 

HeartNIN