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

[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?

[El duderino_]

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

Or to fly back up...

What still doesn’t change = I Will HODL, I Will continue watching chernobyl, I Will go take a shower in about 10 minutes, I Will go and get Some fast food “Belgian frituur”, I Will eat that at home starting a movie “cold pursuit”
 
But most importantly I Will still sleep better knowing my money = in BTC instead of € or $ or.....

[infofront]

Why are people hacking Exchanges anyway? Are they not aware that it hurts Crypto?

Prolly people who do not give a shit about anything.. sad

Don't feed the scammer. He's just trying to make himself look like a good guy.

[El duderino_]

Why are people hacking Exchanges anyway? Are they not aware that it hurts Crypto?

Prolly people who do not give a shit about anything.. sad

Don't feed the scammer. He's just trying to make himself look like a good guy.

Trying to make a Buck perhaps??

[FrodoBagHolder]

Let’s buy that dip boys, shooters shoot

[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?

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.

Funny how times can change, and surely in early 2015, BTC's prices were not in a very pretty place.  Do I need to remind anyone?

In early 2015, I was also feeling a decent amount of down spirit, even if I might not have said certain things like that in my then posts.  I had kind of thought that in late 2014, BTC prices had bottomed out in the upper $300s, but then fuck, late 2014 and early 2015, we had a couple of price movements into the sub $200s, and then it seems to me that BTC price optimism matters were kind feeling even more dire by the time we got to September/October 2015 with nearly 8 months of largely flat and any upwards price movements were seemingly short lived and bringing us to mid $200s price range at best.

I think that a peep (namely LFC in this case) having decently severe pessimism in early 2015 does not negate a peep from both having optimism now, or rethinking his/her  own perspective based on subsequent BTC happenings, such as the optimism around BTC's price rise in 20127 and other optimistic BTC happenings that largely confirm scenarios that BTC's prices are more likely heading UP rather than DOWN.  

Furthermore, LFC does sometimes have his moments of expressive emotionalism that goes beyond bot/ai status (aka   human-like tendencies).  

[Phil_S]

Anyone wants to draw a triangle?

[ivomm]

The next 24 hours are critical.  If the bears fail to bring it down further, the bulls will have an open seson to shoot down the bears and kill the ATH.

[El duderino_]

Goddamnit, Bitcoin.
Why you dropping when I buy ?
Eat a dick, Karhu.

BTFD fabolous black dude!
Raise out that brown stiff dildo!
Thank Karhu later!!!

[infofront]

why is ghislaine not arrested? are those no coiners that stupid? and why are the lefits, feminists and lgbtq so silent? because they all support pedophila? or because they are little hypergamist whores dreaming to be inseminated by the rich and powerful on orgy island? I guess it's both.

stay strong and less dumb by the brutality of your conviction, be like the bamboo, firm but be able to deploy...

Someday soon, we bitcoiners will be those rich and powerful men inseminating countless whores on orgy island.

[kenzawak]

Republic of Georgia Exempts Cryptocurrencies From Value-Added Tax

https://cointelegraph.com/news/republic-of-georgia-exempts-cryptocurrencies-from-value-added-tax

"With the introduction of the bill, residents of the country can exchange cryptocurrencies for fiat currency without the transaction being subjected to VAT. "

Ok, who wants to move to Tbilissi ?

[JayJuanGee]

The next 24 hours are critical.  If the bears fail to bring it down further, the bulls will have an open seson to shoot down the bears and kill the ATH.

Are you talking about ATH or AYH?

Seems a bit too premature to be talking about ATH, just yet, right?

Don't we gotta get above AYH first, and also once we get above AYH, there could be some resistance in the $16k to $17.5k arena that slows us down in terms of getting to ATH..... yet I tentatively believe that once we get into the $17,500 or above range, then there could be a bit of "inevitability" that gets  factored into BTC price dynamics, and sure nothing is a given in BTC, but kind of still seems that $17.5k to about $24k is going to remain a kind of deadman's zone... Surely, you can trade a bit to kind of protect yourself just in case the less likely scenarios play out, but the more likely bet is that we are not very likely to get stuck in the $17.5k to $24k for very long, unless we shoot significantly past them first.. perhaps $40k-ish minimum...

By the way, personally, I still will sell a bit of coin in the $17.5k to $24k price range as a kind of mechanical insurance, even though I kind of consider selling in that whole range to be a kind of charity from me to BTC 's market liquidity - while at the same time, I just have some difficulties diverting too much from a plan and schedule that I have already developed that seems to work pretty damned well for my own situation including my psychology.