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

[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

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[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

[HairyMaclairy]

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.

Seeing as we are all apologizing I did not mean to offend only to be flippant.  Which is almost as bad.  Apologies.  

But truly it reads I would be surprised if smart people were not present - ie implies that smart people are present. So it’s not double it’s triple negative. 

[El duderino_]

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

and still got that LONG open as well ?

and its a diffrent context when NEW N00BS continuously showing up about how they are shorting the BTC market while they aren't shorting shit and just talk to give real  BTC'ers a bad feeling or try to do so

[virtual2018]

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.

Thank you bro reminder, I edited my presentation. If something goes wrong I look forward to you and everyone here for more guidance. Thank you very much!

[HairyMaclairy]

We are going to zero.

Hello darkness my old friend

[El duderino_]

$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  

UNleash the bullCOCK's and start F***ing those shorts straight into there rectum ..... no homo .............just F*** those shorts

and seeing you not so much anymore @serveria, time to go FOR a hat
i'll bet you can count on some generosity of a few MERITlandlords in here to help you through
and comrade XhomerX to make some crazy cool HAT

[mOgliE]

and still got that LONG open as well ?

and its a diffrent context when NEW N00BS continuously showing up about how they are shorting the BTC market while they aren't shorting shit and just talk to give real  BTC'ers a bad feeling or try to do so

No closed the LONG when volumes went up and price slided down, lost a bit on it but the stop-loss exist for a reason xD

https://tof.cx/image/CuPzD

I don't know what you're talking about... I'm a noob trader but that doesn't mean I'm lying... What's the point of saying I short if I don't?
Of course I short small! You gotta be crazy to bet a anything close to 15% of your trade balance on such market.

And I don't see how me shorting shit makes me not a real BTC'er...


PS. If someone manages to find a hosting site that actually shows the picture on the forum I'd take it, I don't like putting the links...

[ChinkyEyes]

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.   This recent action seems to highlight the market is unlikely to move down without resistance, even to be negative it has to wear out buyers first.

So price is now about 50% retraced from 4100 and 3879 would be 61%   I think any bears will come back in about 4000 which is the 8 day average and a round number which always seems to be a thing

Im not guessing anything like a trend down, nothing neat like that.  Its more like a straight range we trade in

Now you mentioned RSI, here is my pro level RSI TA:



 

Edit: I see RSI hit 30 in September 2014 one more time on that 5year chart so, maybe we lose another %50, which means $2k.

Thanks to Somac. I have been reading the WO thread of 2014 Nov(page 9000 ish) till January 2015(page 10306) and it looks like the sentiment is almost exactly the same. It's really funny to look back and see most people being really bearish and crying or cheering over an increase of just 10 dollars. With some bears calling for $100 back then, I feel it's the same as the $1k calls right now.

Bitcoin usage only will justify a price of $25-50. Current remittances and the rare purchases in bitcoin are just not high enough yet.

We will likely approach $100 before rebounding. Speculators will come again but not for another year.

Bitstamp preparing to take bitcoin to $100 with this move.

Lately I've been feeling quite bearish and I know some of you have as well, but looking back at 2014-2015 has strengthened my resolve. So I highly recommend doing it if you got the time and feel the need to be cheered up again.
I am already looking forward to reading back the bearish times of 2018-2019 when we are in the next bear market

[bitserve]

I feel like we are entering a bear market. The crypto winter is coming!

[El duderino_]

(Preface: Apologies, in advance for this, but I need to make an attempt to try using my unique... uhm... abilities to fuck up every call I have ever made, here...)

Well, watching the markets over the last 48 hours is looking pretty grim.

There is a palpable terror forming in the air. The winds of change blow cold and begin to induce involuntary, organic systemic shutdown. The Eldritch, Older Gods begin to twitch as their fevered nightmares stir them towards wakefulness.

A single bubble of psychic shock begins it's slow ascent to the surface, from the blackened deep.

Somewhere, a Greek fishing boat leaves port.

Do you feel it in your heart ?

Are you feeling out of sort ?

There are no heroes.

We are going to zero.

never use  the NUMBER ZERO if there is 1 target it can't get to its 0
i will always have a few coins covered not to sell

and F*** all year has been bad, why not ending it BAD, its a good reason for having BIG amounts of alcohol during the holiday's .... after that we can sober up with a nice BULLrun in front of us "hopefully"

[empowering]

(Preface: Apologies, in advance for this, but I need to make an attempt to try using my unique... uhm... abilities to fuck up every call I have ever made, here...)

Well, watching the markets over the last 48 hours is looking pretty grim.

There is a palpable terror forming in the air. The winds of change blow cold and begin to induce involuntary, organic systemic shutdown. The Eldritch, Older Gods begin to twitch as their fevered nightmares stir them towards wakefulness.

A single bubble of psychic shock begins it's slow ascent to the surface, from the blackened deep.

Somewhere, a Greek fishing boat leaves port.

Do you feel it in your heart ?

Are you feeling out of sort ?

There are no heroes.

We are going to zero.

never use  the NUMBER ZERO if there is 1 target it can't get to its 0
i will always have a few coins covered not to sell

and F*** all year has been bad, why not ending it BAD, its a good reason for having BIG amounts of alcohol during the holiday's .... after that we can sober up with a nice BULLrun in front of us "hopefully"

I was thinking of simultaneously slitting my wrists and impaling myself anally on one of the horns of the bull in wall street

Dunno why... 

[El duderino_]

and who doesn't know this story

[mOgliE]

and who doesn't know this story

That's really stupid sheep mentallity Oo

Why wanting to buy at 20k and not at 3k7? oO

[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  

UNleash the bullCOCK's and start F***ing those shorts straight into there rectum ..... no homo .............just F*** those shorts

and seeing you not so much anymore @serveria, time to go FOR a hat
i'll bet you can count on some generosity of a few MERITlandlords in here to help you through
and comrade XhomerX to make some crazy cool HAT

This is actually the dream of my entire life (apart from BTC mooning)   But its seems a long way to go for me as my merit is too low. Would love to get a grey hat. Grey hats were quite rare during the early hat days but now I can see some from time to time but I still want one.  

[empowering]

and who doesn't know this story

Tis a tale of "Reflexivity and Fallibility" 

[El duderino_]

yeah we know everything around BTC = bullish

[carlfebz2]

and who doesn't know this story

That's really stupid sheep mentallity Oo

Why wanting to buy at 20k and not at 3k7? oO

They have seen already on what happened on the price and for those people who dont know on how crypto
moves would definitely have the same impressions.

They would start to buy in when they do already saw bitcoins price tends to rise up again.This is what most
people do really likes to do.