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

[bitserve]

I don't know IF or for how long $3000 will hodl as a hard support but from now it hasn't even been properly tested. So, for the little amounts I trade nowadays (I am mostly ALL in), I will keep reloading near $3000 and selling the bounces. Rinse and repeat.

[jojo69]

and to think I wasn't going to drink today

[PoolMinor]

Simplest answer is always conspiratorial. Why should we rely on fact when we can just search for the latest tin-foil hat argument?
Funny how during drops there are always news stories, yet during rises there are only rumors.

[podyx]

img width=250]https://i.kym-cdn.com/entries/icons/facebook/000/022/978/yNlQWRM.jpg[/img]

Simplest answer is always conspiratorial. Why should we rely on fact when we can just search for the latest tin-foil hat argument?
Funny how during drops there are always news stories, yet during rises there are only rumors.

What news are you referring to?

[El duderino_]

What i'd like to happen in a perfect trading world

perfect looks different

[PoolMinor]

img width=250]https://i.kym-cdn.com/entries/icons/facebook/000/022/978/yNlQWRM.jpg[/img]

Simplest answer is always conspiratorial. Why should we rely on fact when we can just search for the latest tin-foil hat argument?
Funny how during drops there are always news stories, yet during rises there are only rumors.

What news are you referring to?

https://bitcointalk.org/index.php?topic=178336.msg48651758#msg48651758

[goldkingcoiner]

Someone tell Peter Brandt that head and shoulders is a reversal indication not continuation pattern.  



https://twitter.com/peterlbrandt/status/1073315241017163776

Wouldn't Inverse HS indicate a reversal during a downtrend? Pullback has not even reached neckline. Looks like a fakeout to me.

[luckygenough56]

What i'd like to happen in a perfect trading world

perfect looks different

lol yeah and we all know that if i buy heavy at 2900, i will sell 90% before 4000

[infofront]

$6245 is over $5000

I think we’ll start to move upwards in Feb regardless of BAKKT, even if they delay again.

These prices are literally ‘cheap coin’.
Like Hairy said, this is a once in a lifetime opportunity, I am buying more but I just wish I had a lot more fiat.

It really looks like a good opportunity to buy...
But I believe we are going down even further. I will sell some and rebuy. I just can't see my bags growing heavier if we hit 1500-2500...

Hi

I would be interested to know more.  Can you tell us whether you have sold some previously since the peak, and your thinking?

From a sentiment standpoint, I don't think there's been enough blood.

[HairyMaclairy]

I don’t think we will see $6k again before 2020.  

Agreed it's prudent to watch our hopium intake, Hairy, but 2020 seems awfully long for a return to $6k. Granted, we had a nearly 2-year downturn after Mt Gox from 2014-5 with little to no good news, but as far as fundamentals go, 2019 seems ripe for recovery.

What are your assumptions on big ticket items? To name a few expected in the first half of 2019:

Van Eck/CBOE ETF (admittedly low chances)
Bakkt
Fidelity Digital Assets
Nasdaq Futures

Are you thinking these things won't happen or rather they simply won't make much of a speculative difference? Are you weighing your prediction primarily on prior halving cycles? Are you correlating with global stock market expectations?

I worry that speculative interest is becoming a self-fulfilling prophecy of chart analysis and pattern matching. The 2014 overlay to 2018 is eerily similar, yes, but is this simply a case of humans seeking solace in pattern matching?

Meanwhile, the lightning network is exponentially expanding, BCash is conveniently self-immolating, blockchain investment and employment numbers are steadily increasing, etc etc.

Sure, miners seem SOL, nothing new there; but I suspect new miners will find new places to slurp up cheap/stranded power, further decentralizing the network.

Thank you for your thoughtful post.  I will respond a bit later when I can give it the attention it deserves.

Mick I can't find the article anymore so will also respond.

[El duderino_]

What i'd like to happen in a perfect trading world

perfect looks different

lol yeah and we all know that if i buy heavy at 2900, i will sell 90% before 4000

why do such a thing

if you wanna sell and secure something i guess or so .....BUT 90% ?

[Toxic2040]

Because this appears to be a knee-jerk reaction to the attacks that are happening on an alt chain or possibly the attacks are coordinated and are truly aimed at bitcoin. Regardless it appears "they" lack the ammunition to push the price down further.

[bitserve]

What i'd like to happen in a perfect trading world

perfect looks different

lol yeah and we all know that if i buy heavy at 2900, i will sell 90% before 4000

why do such a thing

if you wanna sell and secure something i guess or so .....BUT 90% ?

He is not a hodler. Not everybody is.

[El duderino_]

Thank you for your thoughtful post.  I will respond a bit later when I can give it the attention it deserves.

Mick I can't find the article anymore so will also respond.

THX man spaceman did some effort as well already

[Ludwig Von]

It is the guys at Saxo bank doing overtime to make their "Black swan 2018" prediction come true. Yesterday, MSM in Belgium already declared the Saxo guys the winners... .We are officially declared dead. Nice to be a zombie-vampire beyond the dead... .

Now for serious, about time somebody starts to worry about his dick. (Although I remember I first joked he was lying, he could not eat his dick, becaus it was already eaten in some Asian eugh, "Location".

If Asia stays out of the game, we probably first go down to around 2000 and then hang there untill all the miners close shop. What comes after that will be writing history about BTC and how a mixture of greed and snake oil sellers told us we went straight to 50K, xxxK and so on. While they were simply cashing out and forking shit out of their nose, in the hope te repeat their trick.

End of rant.

Real life : we 're not good. We are to low versus the fiat casino.

[VB1001]

Waiting, we will load a little more.

‘we’

Your 0.1 borrowed bitcoin shorting doesn’t count as a group of people.

You're wrong, that's not my strategy

A few days ago we talked about what my strategy was in this descent:

Comment when you arrive in WO, enter Bitcoin in August 2017
Now from $ 4000 down
I buy every time it goes down of $ 500

Example
4000 purchase 0
3500 buys $ 250
3000 buys $ 250
2500 purchase
2000 purchase
That's how I'm doing it.

This is the thread. https://bitcointalk.org/index.php?topic=178336.msg48605496#msg48605496

I wait for 3000$ to buy 250 $ more

[jojo69]

hey Bob

Mind if I borrow these titanium blocks?   I promise to wash them good...

[Last of the V8s]

https://twitter.com/SullivanHelton/status/1073028061656944641
bad girls

[luckygenough56]

https://twitter.com/SullivanHelton/status/1073028061656944641
bad girls

last scene she twerks on the head is lol

But seriously it might be the most entertaining sport to watch ever

[VB1001]

https://twitter.com/SullivanHelton/status/1073028061656944641
bad girls

Bulls and Bears