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

[infofront]

Well, it looks like everything is going according to the best scenario. Either this was the final drop (which I don't think so) or worst case we can go for a final capitulation FROM a higher price (ie: $4.5K to $3K) in January-March.

I also go for the second scenario because I suspect we haven't been able to accumulate enough at the bottom. Next time many will be prepared for a stronger faster bounce on huge volume.

This is fine.

We're still at the bottom. 85% down from ATH. You think peeps who bought at 3200 won't buy at 3900? Laughable. 3900 is still dirt cheap.

Why buy at 3900, when I'll be able to buy at 2900 soon?

Why are you so sure about it? Because some "expert" or some random guy said so?

Partially. Also, I expect volume to drop during the holidays, as usual, which will give the bears an opportunity to resume control.

[bitserve]

infofront is right, it is a possibility 3000 or 2900 and it goes up.
I hope to see the Toxic2040 graphic
the shorts are increasing

Hey, don't dox me!

[El duderino_]

Partially. Also, I expect volume to drop during the holidays, as usual, which will give the bears an opportunity to resume control.

and when to start a bullish run to hit your 8k-ish guess ? 🧐🧐🧐🧐

[Hueristic]

I can't make heads nor tails of this shit.

https://www.cmegroup.com/tools-information/quikstrike/commitment-of-traders-energy.html

https://www.barchart.com/futures/bitcoin

This one at least shows an amount of commuted positions.

https://www.barchart.com/futures/quotes/BTZ18

Code:

Commitment of Traders Positions as of Dec 11, 2018
Details
Commercials - Long / Short
4 (+4)
173 (+20)
Non-Commercials - Long / Short
3,091 (+453)
3,331 (+579)
Dealers / Intermediary - Long / Short
0 (unch)
0 (unch)
Asset / Manager - Long / Short
27 (-7)
256 (+133)
Leveraged Funds - Long / Short
2,905 (+496)
2,699 (+382)
Other Reportables - Long / Short
159 (-36)
545 (+80)

I'll be damned if I know how to interpret any of this shit though. I'd just like to see futures become illegal but since that is where the Oligarchy manipulated the world that isn't going to happen.

[serveria.com]

Well, it looks like everything is going according to the best scenario. Either this was the final drop (which I don't think so) or worst case we can go for a final capitulation FROM a higher price (ie: $4.5K to $3K) in January-March.

I also go for the second scenario because I suspect we haven't been able to accumulate enough at the bottom. Next time many will be prepared for a stronger faster bounce on huge volume.

This is fine.

We're still at the bottom. 85% down from ATH. You think peeps who bought at 3200 won't buy at 3900? Laughable. 3900 is still dirt cheap.

Why buy at 3900, when I'll be able to buy at 2900 soon?

Why are you so sure about it? Because some "expert" or some random guy said so?

Partially. Also, I expect volume to drop during the holidays, as usual, which will give the bears an opportunity to resume control.

Hardly as the weekend pumps have resumed lately...   

[bitebits]

[...] send BTC, cause he only works in BTC then he daytrades and guarantee's 10% profit [...]

Don't do it kiddo, many have tried before you. Ow and this.

[HairyMaclairy]

[...] send BTC, cause he only works in BTC then he daytrades and guarantee's 10% profit [...]

Don't do it kiddo, many have tried before you. Ow and this.

Yes its a scam.  Don't do it. 

[BTCMILLIONAIRE]

[...] send BTC, cause he only works in BTC then he daytrades and guarantee's 10% profit [...]

Don't do it kiddo, many have tried before you. Ow and this.

Yes its a scam.  Don't do it. 

Definitely either scam or a very naive dude who is about to learn an important lesson. Would stay away.

[infofront]

Partially. Also, I expect volume to drop during the holidays, as usual, which will give the bears an opportunity to resume control.

and when to start a bullish run to hit your 8k-ish guess ? 🧐🧐🧐🧐

By Jan. 21, I'd hope

[Ludwig Von]

@het cryptohuis.... it amazed me that for the 5minutes that i was inside with my friend.... there was a Guy talking to be cliënt, a Guy entered and buy btc for fiat in the ATM and another Guy entered the shop as well

There is life in BTC and antwerp....

Tiens, where is it in Antwerp?

Sint Katelijne vest..... end of the meir

Going to right an update later

My parents live in Antwerp. Will check it out next time I visit. I'll make sure to bring my dad, he loves daytrading BTC :+) Thanks for the update.

so as i walked in ... and as i was waiting someone came in bought BTC with the ATM as it was a daily thing .... i was happy to see that cause @the moment there are only 4 BTCATM's located in belgium.... the owner said that the last month 50K travelled in and out the ATM.... so not to bad for in belgium

now the owner talked to us and my first question was how can you guarantee that 10% profit each month on the investment?
so it works like transfer money or send BTC, cause he only works in BTC
then he daytrades and guarantee's 10% profit, so if i transfer funds and the month start he trades and makes 50% profit then each client gets 10% profit and the rest is for him the company etc, when the month end with loss or no 10% profit then he pays it from the company out.... i asked him what if i'm a big player and send you a big amount of BTC/fiat ... and your not able to give me mine 10% ? he said i don't accept anyone that i can't cover .... as strange as it is it seems a bit of legit thing right there ....
and if the company goes bad and he's company funds runs dry and can't cover the 10% profit anymore he would send everyone a mail and stop the collaboration with he's clients, every month everybody could make his decisions of staying in or going out, so no long term commitments
whatever i like it in the streets of ANTWERP to see some BTC LOGO's where people can go in and out as they please
don't mind the writing having a wine during the week, i know normal only the weekend or holidays etc, but have an exception

10%, in Fiat value or in BTC value?

His name is not, by accident, Van Rossem? 

[Last of the V8s]

Well done goldcoinkinger.
Glad to see my trading lessons are beginning to sink in at last

[El duderino_]

10%, in Fiat value or in BTC value?

His name is not, by accident, Van Rossem? 

Haha no

But never Said i’m gonna invest there

I’m good as it is

But it was just an OK dude etc and i think its more naive as it would be scam.....

[Last of the V8s]

Iceberg!

[HairyMaclairy]

Well done goldcoinkinger.
Glad to see my trading lessons are beginning to sink in at last

Paid group plz sir?

[HairyMaclairy]

[bitserve]

This rally is following the 1h trendline almost perfectly.

[HairyMaclairy]

I am going to have to go back to night school. I don’t know how to draw an upward trendline.

[bitserve]

I am going to have to go back to night school. I don’t know how to draw an upward trendline.

I mean THAT line                 ^

Until it doesn't anymore of course lol

Whats the name of the moving average on the hourly btw

[Last of the V8s]

Gerald.

[Hueristic]

@het cryptohuis.... it amazed me that for the 5minutes that i was inside with my friend.... there was a Guy talking to be cliënt, a Guy entered and buy btc for fiat in the ATM and another Guy entered the shop as well

There is life in BTC and antwerp....

Tiens, where is it in Antwerp?

Sint Katelijne vest..... end of the meir

Going to right an update later

My parents live in Antwerp. Will check it out next time I visit. I'll make sure to bring my dad, he loves daytrading BTC :+) Thanks for the update.

so as i walked in ... and as i was waiting someone came in bought BTC with the ATM as it was a daily thing .... i was happy to see that cause @the moment there are only 4 BTCATM's located in belgium.... the owner said that the last month 50K travelled in and out the ATM.... so not to bad for in belgium

now the owner talked to us and my first question was how can you guarantee that 10% profit each month on the investment?
so it works like transfer money or send BTC, cause he only works in BTC
then he daytrades and guarantee's 10% profit, so if i transfer funds and the month start he trades and makes 50% profit then each client gets 10% profit and the rest is for him the company etc, when the month end with loss or no 10% profit then he pays it from the company out.... i asked him what if i'm a big player and send you a big amount of BTC/fiat ... and your not able to give me mine 10% ? he said i don't accept anyone that i can't cover .... as strange as it is it seems a bit of legit thing right there ....
and if the company goes bad and he's company funds runs dry and can't cover the 10% profit anymore he would send everyone a mail and stop the collaboration with he's clients, every month everybody could make his decisions of staying in or going out, so no long term commitments
whatever i like it in the streets of ANTWERP to see some BTC LOGO's where people can go in and out as they please
don't mind the writing having a wine during the week, i know normal only the weekend or holidays etc, but have an exception

w0w, sounds like a deal, sounds like a steal!

https://www.youtube.com/watch?v=iXTz44d6H-k

A guarantee and everything!

Take his house as collateral, after all he is not afraid to lose that as he is guaranteeing your profit.