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

[DaRude]

Is BTC dead?

[nanobtc]

I'm supposed to put brakes on my car tomorrow. I will postpone, bought $100 of corn for now. First things first. I'll drive carefully for a while...

[marcus_of_augustus]

You picked quite the day to peak out of the cabinet, mayor.

... by his thinking, he peaked in the cabinet.

[marcus_of_augustus]

Is the Bakkt daily contract trading yet? https://www.theice.com/products/72035483/Bakkt-Bitcoin-USD-Daily-Futures-Contract/data?marketId=6137549
Doesn't appear to be any activity. This was the only real point of difference Bakkt was supposedly bringing to the party, a daily deliverable 'physical' bitcoin , i.e. quasi-spot market. (the "regulated" part of the bakkt sales spiel is cynical, the biggest crooks on Wall St. are the ones walking through the revolving door between banks-regulators ... who saw DoJ has indicted some JPM commodities traders for racketeering in gold/silver markets, only 10 years after the alleged conspiracy? ... they are right on to it those guys

The bakkt monthly futures contract just looks like more wall st. cash-for-trash casino tokens games.

[Paashaas]

Bakkt Volume BTC165
Still low and I think they gonna dump the Price to $6-7K in the next few weeks

Bakkt volume up more than 120% since launch, currently 216. Much better than 1 - 6.

If people know how to do a beter job luring institutional investor into Bitcoin why they don't spend millions building an exchange?

Must be easier sitting behind there pc shitting on it isn't it?

https://www.theice.com/products/72035464/Bakkt-Bitcoin-USD-Monthly-Futures-Contract/data?marketId=6137541

[Paashaas]

Dogecoin is a little suprise...

It must be very cheap to attack bCash SV.

[jojo69]

Is BTC dead?

cooked in a furnace of quantum singularity

[JayJuanGee]

^^
NP jbreher will keep pumping/supporting that one

Clearly BSV led that drop. Little ol' BTC merely caught in the wake.

or smth

Whatevs... I have all the time in the world.

One will not say that when he’s under the dirt......

No man got all the time in the world....

When one is in the catbird seat, the difference between the end of the world and 'it doesn't matter' is merely academic.

Well hopefully you are referring to you BTC investment rather than bcash or various varients of bcash, which are both likely to perform less well than bitcoin. 

Of course, if you have a smaller portion in bcash, then you still might do o.k., but not as well as if you ONLY held bitcoin.  On the other hand, if you have a lot of both bitcoin and bcash variants, then in that case, it might not matter to you, even if you only end up getting 5x returns rather than 20x returns in the next exponential growth period, even though it may make a BIGGER difference to a newbie who is first investing and would be better off NOT investing in bcash trash until after building up some equity (which many of us concede takes a decent amount of time to accomplish - especially if attempting to invest in long term solid investments without gambling too much). 

[JayJuanGee]

You picked quite the day to peak out of the cabinet, mayor.

Yeah... he did not even provide an update regarding his latest BTC holding status. Hopefully, he has not been doing anything too stupid, like what seemed to have been going on the last time that we were "enjoying" his various regular presence in about mid-2018-ish.

[realr0ach]

OUCH!!!!!!!!!!!!!!

[lightfoot]

I'm supposed to put brakes on my car tomorrow. I will postpone, bought $100 of corn for now. First things first. I'll drive carefully for a while...

Do it yourself. Swapping pads (esp front, which is what wears) is easy as pie.

[realr0ach]

Is BTC dead?

I haven't seen this many crying children since tranny storytime.

[serveria.com]

I'm supposed to put brakes on my car tomorrow. I will postpone, bought $100 of corn for now. First things first. I'll drive carefully for a while...

In the headlines: Well known BTC hodler nanobtc dies in a car accident.  Sorry for dark humor.

[hd49728]

Yeah, $9k2 to $9k5 is important range for Bitcoin. If it fails to protect those supports, it might fall to around $8k. When it dips below $9k2, it will be so easy to fastly fall to $8k, because people will fall into panic again, and 20% drops to liquidate longers at $9k2 will occur. Not too difficult to happen if $9k2 broken. Anyway, if it occurs, $8k will be the last chance to accumulate cheap Bitcoin for it's next bill run around February to March next year. I don't think Bitcoin will start next bull run soon about December.
I set up my stop loss at $10k8.

Within the next five days, that is important period for bitcoin. Personally, I already made my stop-loss and profit-taking orders.
Like that (taking profits at $13300, while cutting loss at $10800):

I also suggest other newbie crypto-traders to do this. For experts, I don't mention about them here, because they actually can make better orders than mine.

Hey, maybe today is a good time to remind that I already forecasted it around more than one month ago. There is a little incorrect forecast because I already expected it falls to $8k.
Cheers!

[realr0ach]

As a fellow member of this thread, I also want to say that I enjoyed the meet-up. I was surprised how kind everyone was and that everyone get along. It meant a lot for Mic & I think also for the other members. A big thanks to Kurious for making this possible & for the nice planning!

This is a gentlemen's club.  Emotional pollution from wahmen is not permitted.

[Hueristic]

[VB1001]

It is not comparable by graphics but by how it happens.
In 2017 something similar happened, we were at the end of August at $ 4800 and in September we died at +/- $ 3100.
After this we went straight to ATH.

Bitcoin > 8,500

Bullish.

Now Bakkt - 216 BTC

[mindrust]

Bears pulled their ultimate move.

Now it is Asuka's turn. Get ready for $16k.

[JayJuanGee]

It is not comparable by graphics but by how it happens.
In 2017 something similar happened, we were at the end of August at $ 4800 and in September we died at +/- $ 3100.
After this we went straight to ATH.

Bitcoin > 8,500

Bullish.

Now Bakkt - 216 BTC

Even though the patterns are coming out a bit different, I still think that we are in early 2016 rather than in late 2017, so there can be a decent amount of shaking out in the coming 12-18months before really getting into a kind of upwards momentum mode... On the other hand, I am not hostile to the idea of a kind of front running that could take place in this likely upcoming exponential trend cycle.. I just think that in order for any bear scenarios to attempt to retain any kind of credibility, they do have to engage in convincing periods of beating us up too, which we could be in the process of such "beating up" attempt - whether lasting negative impression is going to be successful might be another story.

[realr0ach]