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

[Icygreen]

Nice, makes me think they actually care. Perhaps.

[gembitz]

If we see under $3k, its likely to headed for $1300 says Tone Vays. Also bearish as fuck.

I was just listening to him and no disrespect but anyone can get ahead of themselves.    He called it himself, RSI as massively oversold.    A bear market can have sharp spikes upwards, I wish it was so easy that it just moved in one direction because thats free money right with no worry.

"Oversold" just means the trend is strong. Look at RSI against the bull trend last year. "Overbought" didn't mean anything. Price just kept pushing. The same can happen here.

On the flip side, I'm noticing a lot of $1,000 and $1,500 calls. People are forecasting carnage worse than 2011. Bears are getting bold. This happens near long term bottoms.

doublings and halvings (not halvenings) ... to drop from 20k to 4k btc has reduced to a fifth of it's former market value, people who are predicting 1k are the flip side short equivalent to the bulls predicting another 4x rise after a 5x rise in the mania of a bull run.

Shorts are drunk of greed at this point, they feel bullet-proof, anything is possible ... sure why not another 4x of gains on top of 5x, makes sense, not.

At best/worst, we get a manic, v. brief spike down to $2.5k, maybe 2k (unlikely) and then powerful rebound ... and the next rise begins.

$2500 is already confirmed ...\\$1500 likely buyins support;) weee

[mOgliE]

Leave everything aside, That's what i see when I look at this chart.



Now I want to sell half of my shit so bad but I probably won't.

That's some good TA.

I trade with such TA in mind.

I'm like "what is the  next move to make the graph beautiful?".
Until now it has worked pretty well.

And where in this "good" TA is the buy support? If you have 100K BTC support at certain price do you think your TA would work? This confirms my obseravations that the reason we are here are the n00b traders who only look at the charts and compare 2014 and 2018. The price may fall if there is no support and go up if there are enough buyers. It is as simple as that.

So you're a double idiot congrats  

First idiot title is for not recognizing 2nd degree and how I'm quite self conscious of not being able to make any TA...
Second idiot title is for blaming the market to be full of noobs... If that's the case you should just be happy cause noob traders means traders you, as a professionnal, can take advantage of right?

So don't blame the market for acting in the way you don't want it to act.

[mOgliE]

I see lots of noobs lately saying theyre gonna short the market here because its easy money. Hopefully they get their faces ripped off.
 

many new guys talk the talk but doesn't walk the walk ..... just many jealous F***s wanna look like they are making money as well

Or they walk the walk but slowly and carefully 

I mean you need to be pretty retarded to go all in on leverage short whatever the context. Same here.
Got a small short opened, so far so good but if market goes back on the bullish side I won't have lost much. And if it continues to go down... Well that means more BTCBTCBTCBTCBTCBTCBTCBTCBTC

[HairyMaclairy]

So you're a double idiot congrats  

Who is this Legendary without a hat?

[mOgliE]

So you're a double idiot congrats  

Who is this Legendary without a hat?

He said it, a n00b trader.
Doesn't deserve a hat yet 

[Last of the V8s]

Bitcoin prices continue to fall today, may be affected by this news right?
Chile’s Supreme Court decides against crypto exchange

The way you presented that makes it look as though it were your own.
Pl provide a link, and just a short quote if relevant.

[LFC_Bitcoin]

A lot of people who predict those kind of prices here are doing it for personal reasons, trying to convince/scare weak hands to sell. People predicting prices that low probably aren’t happy with their bitcoin stash & want it to go that low so they can increase their stash.

I wouldn’t trust anybody predicting uber low prices.

$2500 is already confirmed ...\\$1500 likely buyins support;) weee

Exhibit A

[d_eddie]

There is some serious intellectual firepower in this thread. I wouldn’t be surprised if there weren’t a couple of Nobel laureates lurking. 

You mean both negatives?

[Totscha]

Did someone say double digits?   Glad I dumped my last ETH weeks ago.  

Triggered....

[mOgliE]

A lot of people who predict those kind of prices here are doing it for personal reasons, trying to convince/scare weak hands to sell. People predicting prices that low probably aren’t happy with their bitcoin stash & want it to go that low so they can increase their stash.

I wouldn’t trust anybody predicting uber low prices.

You can say the same of people predicting a rebound based on nothing.

Overall I don't see how you can trust anyone predicting a price. Obviously anyone shorting will hope and believe price will go down and anyone hodling just wants the price to rise again.

Though it's another story when some people are using their influence and legitimacy to bend the market in a way or another...

[Last of the V8s]

There is some serious intellectual firepower in this thread. I wouldn’t be surprised if there weren’t a couple of Nobel laureates lurking.

You are very good at these complex insults. Nobel anything lol how amusing and cutting. And the double negative is so original.
But of course your shining wit has a grain of truth, and I for one can't keep up.
Ima leave you all to it for a bit.

[bitserve]

- Wake up

- Check price... still in the dust.

- Check WO... still very low volume levels of trolling and FUD -> This is bad.


Guys we need more quality FUD and shitposting!

And drama... heaps of drama for fucks sake!

[serveria.com]

$2500 is already confirmed ...\\$1500 likely buyins support;) weee

Confirmed by whom? You? Why don't you predict double digits? That's much scarier perhaps you'll shake off more weak hands...  

And why do you keep adding that weee thing to your posts? Is it the sound you make when a big fat bull cock enters your anus? If yes, you'd better start lubing up cause the bullrun is near  

[mOgliE]

- Wake up

- Check price... still in the dust.

- Check WO... still very low volume levels of trolling and FUD -> This is bad.


Guys we need more quality FUD and shitposting!

Bitcoin is dead!

All of you thinking that there is any chance of crypto going back are just delusionnal!
See this:
https://transportgeography.org/?page_id=9035

This graph explains perfectly how things are working so stop believing and get out while you can!
Anyway even if somehow trillions of dollars were put back in BTC (by who and why? No idea!) you know that would mean 20$ fees again so it would make unsustainable too fast so price would collapse again!

All you can hope for now are dead bounce cats that's all!


(Sorry not too good on the FUD side I believe... Doing my best, even said bitcoin is dead! That's good FUD right? )

[LFC_Bitcoin]

$2500 is already confirmed ...\\$1500 likely buyins support;) weee

Confirmed by whom? You? Why don't you predict double digits? That's much scarier perhaps you'll shake off more weak hands...  

And why do you keep adding that weee thing to your posts? Is it the sound you make when a big fat bull cock enters your anus? If yes, you'd better start lubing up cause the bullrun is near  

[Last of the V8s]

forgot to say, the eth chart says it's going to 17, not 50 lol rekt. it might bounce before that utter humiliation but w/e
trouble is, 'everyone' says that^ and wants to rebuy that scammy nonsense at that level
to flip it to its retarded believers

[d_eddie]

ETH now manfully engaged in the fight to become a double digit shitcoin.

Will it pull it off?

With aplomb.

I don't understand all this hate for ETH... It supports this gigantic, flourishing ecosystem of projects -- yes, many of them are shit but some of them are pretty interesting and legitimate. I think things like Maker, Augur and 0x are at the very least entertaining experiments that push the bounds of what can be done with the blockchain. Decentraland is also interesting as well.

Augur has been a failure, and it keeps on diving. RSK will make integration of external oracles so easy that we can expect healhy competition in that area. If the thing really takes off, it could start an unprecedented adoption wave for prediction markets, anonymous betting etc.

I also don't know how they can shift the whole thing to PoS... PoW is probably also the biggest downfall of BTC. The amount of energy that goes into mining is simply retarded.

You don't say?  

[alevlaslo]

https://bitcointalk.org/index.php?topic=4488922.msg48486586#msg48486586

[Last of the V8s]

forgot also to apologise to LFC for my poor joke the other day
sorry sir