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

[BitcoinGirl.Club]

Can I get a summary of the reason for this drop in price? I read some theories about Trump posting something on Twitter, but do people still listen to billionaires who have a huge interest in conventional dollars to protect?

Don't listen to those billionaires especially Trump and Warren Buffett also not to mention John McAfee (not billionaires though) and some other mentally ill old schools.

Drop and up is a part of the process.

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[realr0ach]

Trump posting something on Twitter

I find it strange people think that Trump tweet (which was probably written by Mnuchin or something) is some type of meaningless thought he had and typed it up while he was taking a shit one day and that's all we will ever hear about it.  If Trump tweets something like that, it indicates some type of policy shift and there's obviously going to be some type of actions to come.  

*Unless it's the less plausible scenario where Trump is some type of petty CNBC criminal and thinks he can sweep the longs for some random Jew friends of his by tweeting.  In that case, you better buy a nuclear bunker immediately since the entire govt is staffed with circus clowns and thieves and the US is destined to implode harder than anything you can imagine.

[LFC_Bitcoin]

For a long time now, I've had the plan to buy a new car for 1 Bitcoin.
Since Bitcoin is totally moving moving in the wrong direction, I washed my car today

Can I get a summary of the reason for this drop in price? I read some theories about Trump posting something on Twitter, but do people still listen to billionaires who have a huge interest in conventional dollars to protect?

We’re still in a baby bull market, just like in 2015 we had seemingly significant breakthroughs with positive price surges only to get dumped straight back to square one.

As for Trump, I don’t think his tweets have had any effect seeing as though if we were going to dump hard it would have been immediately after the tweets not days after.

Nothing to worry about, 2019-20 is the 2015-16 of the last cycle.

The huge surge will happen end of 2020 or 2021 imo.

[Dabs]

I get it. The dude does not want a $5 million dollar pay day. I mean, everyone can see it on the blockchain.

[realr0ach]

The huge surge

[Biodom]

For a long time now, I've had the plan to buy a new car for 1 Bitcoin.
Since Bitcoin is totally moving moving in the wrong direction, I washed my car today

Can I get a summary of the reason for this drop in price? I read some theories about Trump posting something on Twitter, but do people still listen to billionaires who have a huge interest in conventional dollars to protect?

We’re still in a baby bull market, just like in 2015 we had seemingly significant breakthroughs with positive price surges only to get dumped straight back to square one.

As for Trump, I don’t think his tweets have had any effect seeing as though if we were going to dump hard it would have been immediately after the tweets not days after.

Nothing to worry about, 2019-20 is the 2015-16 of the last cycle.

The huge surge will happen end of 2020 or 2021 imo.

I wonder where we will steady out? fibs upon fibs upon fibs.
I hope for not less than 9k, but if we are to fully retrace the last fast advance, then somewhere around 8K.

[d_eddie]

I get it. The dude does not want a $5 million dollar pay day. I mean, everyone can see it on the blockchain.

Dabs, it doesn't stand.
Make believe Derp's words are real?
"Never sarcastic..."

#haiku

[realr0ach]

Hmm, it appears Bitunlocker the paid Jew shill is shilling FOR Bitcoin as a means to try and distract goyim from physical metals and trick them into a cashless society slavery system, while simultaneously hinting about the fact the Jews are trying to use the (((Epstein))) case as a means to setup Trump and prevent him from being re-elected.  Like nobody can see that coming from a mile away.

[JimboToronto]

Good morn Bitcoinland.
10450 greenbacks
(Bitcoin average).

Derp begs for coins as
Bitcoin millionaires sit back
And laugh while hodling.

Price goes up and down
As smug old farts write haikus.
Isn't Bitcoin fun?

[CristiTCM]

For a long time now, I've had the plan to buy a new car for 1 Bitcoin.
Since Bitcoin is totally moving moving in the wrong direction, I washed my car today

Can I get a summary of the reason for this drop in price? I read some theories about Trump posting something on Twitter, but do people still listen to billionaires who have a huge interest in conventional dollars to protect?

We’re still in a baby bull market, just like in 2015 we had seemingly significant breakthroughs with positive price surges only to get dumped straight back to square one.

As for Trump, I don’t think his tweets have had any effect seeing as though if we were going to dump hard it would have been immediately after the tweets not days after.

Nothing to worry about, 2019-20 is the 2015-16 of the last cycle.

The huge surge will happen end of 2020 or 2021 imo.

I hope you are right this time...your past predictions were not so accurate

I will never be a millionaire through BTC.
I hope in a dream world 1 BTC could be worth say 5000 USD maybe 20 years from now.
I could buy a nice house mortgage free.
All a dream though of course.

[jojo69]

ulp

[LFC_Bitcoin]

For a long time now, I've had the plan to buy a new car for 1 Bitcoin.
Since Bitcoin is totally moving moving in the wrong direction, I washed my car today

Can I get a summary of the reason for this drop in price? I read some theories about Trump posting something on Twitter, but do people still listen to billionaires who have a huge interest in conventional dollars to protect?

We’re still in a baby bull market, just like in 2015 we had seemingly significant breakthroughs with positive price surges only to get dumped straight back to square one.

As for Trump, I don’t think his tweets have had any effect seeing as though if we were going to dump hard it would have been immediately after the tweets not days after.

Nothing to worry about, 2019-20 is the 2015-16 of the last cycle.

The huge surge will happen end of 2020 or 2021 imo.

I hope you are right this time...your past predictions were not so accurate

I will never be a millionaire through BTC.
I hope in a dream world 1 BTC could be worth say 5000 USD maybe 20 years from now.
I could buy a nice house mortgage free.
All a dream though of course.

Haha, brilliant find. If only younger, poorer me could see the future then

I have to thank bitcoin for a lot

[VB1001]

2019

Last update.

https://bitcointalk.org/index.php?topic=5090869.0

List is missing WeExchange 2013.

https://bitcointalk.org/index.php?topic=316546.0

It is already included / WeExchange 2013

Thx, jbreher

https://bitcointalk.org/index.php?topic=5090869.0

[Vispilio]

I wonder where we will steady out? fibs upon fibs upon fibs.
I hope for not less than 9k, but if we are to fully retrace the last fast advance, then somewhere around 8K.

The short momentum isn't exhausted yet, BTC can easily dip below 10,000 by tomorrow; what happens after that I believe will be decisive.

If price can stabilize above 9k USD for 1-2 weeks, the medium & long term outlook continues to be bullish.

[Biodom]

I hope you are right this time...your past predictions were not so accurate

I will never be a millionaire through BTC.
I hope in a dream world 1 BTC could be worth say 5000 USD maybe 20 years from now.
I could buy a nice house mortgage free.
All a dream though of course.

btc is being chased by UK housing prices, lol.
his idea of a nice house might have changed too with age as it usually does.

[jojo69]

This threatens my overly tidy summation of things

sheeeeeeit

[Phil_S]

50-day SMA worked as a reliable support line for months now. Getting pretty close right now. Hopefully it will bounce off soon.

[Majormax]

For a long time now, I've had the plan to buy a new car for 1 Bitcoin.
Since Bitcoin is totally moving moving in the wrong direction, I washed my car today

Can I get a summary of the reason for this drop in price? I read some theories about Trump posting something on Twitter, but do people still listen to billionaires who have a huge interest in conventional dollars to protect?

It's never fundamental reasons, only technicals. That's why ppl find market moves so confusing, and all markets have always been this way (for a century at least) .

Support needs to be tested and marked out. On BTC that could be 9k or could be 6.5k. Won't know until any rally is well underway.

I myself believe it could take until end of 2019 to resolve, but time will tell.

[d_eddie]

We've been ready to kiss 10k for weeks. Man up, brothers. BTFD and HODL!

[JayJuanGee]

For a long time now, I've had the plan to buy a new car for 1 Bitcoin.
Since Bitcoin is totally moving moving in the wrong direction, I washed my car today

Can I get a summary of the reason for this drop in price? I read some theories about Trump posting something on Twitter, but do people still listen to billionaires who have a huge interest in conventional dollars to protect?

I don't agree with your overall assessment, regarding bitcoin "totally" moving in the wrong direction.

You gotta zoom out a bit Loyce.

The main point remains that we had about a 3.5x BTC price increase in less than 3 months.

Therefore, currently we have BTC price consolidation and correction.  That is not unusual, and no real explanation should be needed beyond attempts to explain or attempts to suggest some FUD, news or another is moving the BTC price, when at best the FUD, news or another is merely just exacerbating an already existing condition, which is a bit of a necessity to correct and consolidate before resuming our up... which means that we are largely moving in the right direction to buy one car with 1 BTC, depending on how nice of a car that you would like.  

Surely, your car purchase now for 1BTC is going to be nicer than the car that you would have been able to obtain in the months before April 1, 2019... , which is progress, no?

In other words, we never get straight UP in BTC, so why presume NOW that there is anything wrong with BTC's current price dynamics based on what appears to be more or less normal BTC price correction and consolidation after a 3.5X price rise that occurred in less than 3 months?