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

[vroom]

vroom spent 3 grand on his setup, just to be sure

 

Almost  Just one little detail is missing

[1714127120]

1714127120

[1714127120]

1714127120

[1714127120]

1714127120

[Toxic2040]

Almost  Just one little detail is missing

[jojo69]

doop a doo

juss mindin' my own business here

[Toxic2040]

doop a doo

juss mindin' my own business here

 

[criptix]

Corn is bullish af 

[rdbase]

Corn is bullish af  

What kind of voodoo is this?
It just passed $8644 and then go outside for a break then boom the chart I was watching explodes.

Almost   Just one little detail is missing

Holy sh*t! Thats a busey.
If it is a crazy bitcoin pump then you know it is time to show one of them going nuts!

[Spaceman_Spiff_Original]

Like Hairy said, don't short bull markets.

Indeed, I should stop thinking I can predict the short-term movements.  Big picture everything is dandy, I am just greedy because I want to increase my coin stash, and at times end up archieving the opposite....

PS: Mic, thanks for letting me know I have a new hat. And obviously thanks to xhomerx for making the hat  

[Spaceman_Spiff_Original]

Another day, another mind-boggling adventure.



 avatar-sized

Cool stuff man !

[criptix]

Like Hairy said, don't short bull markets.

It can work pretty well with proper risk management.

Just visualize:

The range we traded in the last 4 weeks was between 9100 and 7400.

[d_eddie]

^^ this

[Danslip]

Like Hairy said, don't short bull markets.

It can work pretty well with proper risk management.

Just visualize:

The range we traded in the last 4 weeks was between 9100 and 7400.

Range trading can be visualized with the help of boundaries(Bollinger band indicator).
Short top, buy the dip.
Never try to catch the max and min, just swim with the flow(price action).

Just my 2 cents

[jojo69]

and litecoin comes roaring back

[cryptjh]

Weekend at Bitcoin's 2018 vs Weekend at Bitcoin's 2019

[Biodom]

Thanks, Bob. Bullish  

In other news: interesting discussion on facebookcoin vs bitcoin:
https://www.barrons.com/articles/what-facebooks-cryptocurrency-push-means-51560539185

I agree with the following:

“There’s just not any innovation in it,” says Gabor Gurbacs, director of digital asset strategy at VanEck/MVIS. “It’s just Silicon Valley’s ongoing attempt to take bank profits from the financial services industry to Silicon Valley.”

In addition:

A spokeswoman for the Senate Banking Committee, which sent Facebook a letter last month with questions about the service, said Facebook has not yet responded to its questions.

I don't see how anyone can tolerate a single company non-public pseudo cryptocurrency.
Apart from being introduced by an entity with 2.4 bil users, it is basically the worse of both worlds (crypto and fiat).

Taken at face value (pegged to a fiat basket), it can literally destabilize dozens of smaller local currencies because given a choice, NOBODY will conduct in them vs some combo of main currencies.

[criptix]

Thanks, Bob. Bullish  

In other news: interesting discussion on facebookcoin vs bitcoin:
https://www.barrons.com/articles/what-facebooks-cryptocurrency-push-means-51560539185

I agree with the following:

“There’s just not any innovation in it,” says Gabor Gurbacs, director of digital asset strategy at VanEck/MVIS. “It’s just Silicon Valley’s ongoing attempt to take bank profits from the financial services industry to Silicon Valley.”

In addition:

A spokeswoman for the Senate Banking Committee, which sent Facebook a letter last month with questions about the service, said Facebook has not yet responded to its questions.

I don't see how anyone can tolerate a single company non-public pseudo cryptocurrency.
Apart from being introduced by an entity with 2.4 bil users, it is basically the worse of both worlds (crypto and fiat).

Taken at face value (pegged to a fiat basket), it can literally destabilize dozens of smaller local currencies because given a choice, NOBODY will conduct in them vs some combo of main currencies.

Fully agree!

And after people realize that globalcoin is just a fake, they will turn to Bitcoin

This is just about advertising BTC to 2.4 billion ppl. 

[jojo69]

BTCitcoin, the real fuckin' deal

[Searing]

Thanks, Bob. Bullish  

In other news: interesting discussion on facebookcoin vs bitcoin:
https://www.barrons.com/articles/what-facebooks-cryptocurrency-push-means-51560539185

I agree with the following:

“There’s just not any innovation in it,” says Gabor Gurbacs, director of digital asset strategy at VanEck/MVIS. “It’s just Silicon Valley’s ongoing attempt to take bank profits from the financial services industry to Silicon Valley.”

In addition:

A spokeswoman for the Senate Banking Committee, which sent Facebook a letter last month with questions about the service, said Facebook has not yet responded to its questions.

I don't see how anyone can tolerate a single company non-public pseudo cryptocurrency.
Apart from being introduced by an entity with 2.4 bil users, it is basically the worse of both worlds (crypto and fiat).

Taken at face value (pegged to a fiat basket), it can literally destabilize dozens of smaller local currencies because given a choice, NOBODY will conduct in them vs some combo of main currencies.

Fully agree!

And after people realize that globalcoin is just a fake, they will turn to Bitcoin

This is just about advertising BTC to 2.4 billion ppl. 

I myself like the '$10 million dollars' to run a NODE offer to major corporations and pegged to 'many' currencies, not just the USA dollar. Talk about wanting nothing

but 'control' indeed!

https://bitcoinist.com/visa-paypal-10-million-run-facebook-coin-node/'

sheesh, it is like GAW and Paycoin 'reborn'

[JayJuanGee]

Like Hairy said, don't short bull markets.

It can work pretty well with proper risk management.

Just visualize:

The range we traded in the last 4 weeks was between 9100 and 7400.

Range trading can be visualized with the help of boundaries(Bollinger band indicator).
Short top, buy the dip.
Never try to catch the max and min, just swim with the flow(price action).

Just my 2 cents

I think that trading the price range can work, until it doesn't.

I don't sell enough quantity of BTC to care if my sell order ends up getting left behind with an inability to buy back.

[Toxic2040]

and litecoin comes roaring back

According to some acrobatic observers..



..this does not happen.  

It is said.  

[infofront]

CAROLINA'S BACK ON THE MENU BOYS!