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

[Biodom]

I could think of at least a half a dozen reasons for this move, but this does not make these reasons causative.
Honestly, just enjoying it, although I did buy some at around 8600.
The corn cratered 100 points immediately after, ha ha, then surged.

If anyone cares, here are the reasons:

1. Oversold btc short term (RSI).
2. Some verbiage from China.
3. Late response from the pounding of Libra. First response was wrong (move from 8k to 7.4K) hence Libra is our competitor, I believe.
4. Something something about tether.
5. Novo starting a couple of new funds in November. He probably bought those futures at 7.4. What can entice new investors more than a scent of a fast upside? Now we will correct so they don't feel that they are overpaying.
6. We are oscillating back to the PlanB chart's median value.
7. We were oversold on Meyers multiple.
etc., etc.

[Murat]

Looks like 2019 will be the new version of 2017!

[Biodom]

Looks like 2019 will be the new version of 2017!

we are NOT going to make it to 16K and if we will, than that guy is from OUR future. /s

[SuperTA]

There was not much news at 7.4k but i still bought for reason that is a good buy opportunity. Which seems to be the case with the whales too. They probably saw they already tricked majority into the bearish sentiment. And after they buy they use their media to spread some kind of the good news or "the reasons" to legitimate this fomo and pumping their bags.

[Richy_T]

Dang. Just liquidated a little at around 8k because you have to enjoy those gains sometime. Selling Bitcoin is stressful.

[marky89]

Looks like 2019 will be the new version of 2017!

The bull market is back on, but I don't think we're getting anywhere near $16K this month. That pump to $10.5K was just the initial short squeeze. We probably have weeks of consolidation (like last January) ahead of us.

[legendster]

before we break the 200dma its all just a bounce.

added @ 8.7k and have orders (short) until 9k.

Its 9.5k now.
How are your shorts doing?  

Idk about the rest of you but I voted this last night.

[Paashaas]

LOL


https://twitter.com/BXRekt/status/1187910528309444608

[HairyMaclairy]

Chatting last week with a guy who is an oyster farmer.  He accidentally bought an island last month.

He bought a big bunch of oyster leases and when he went out to stock them, he found a 5 hectare island in the middle of them.

[LFC_Bitcoin]

Good morning gentlemen!

$50 worth of BTC for the first person to successfully post a Vegeta meme when we cross $9,000 again (Bitstamp)

I’m bored, thought it’d be cool to keep people on their toes and play a game

Edit - Please post screenshot of Bitstamp price to prove as my good friend fillippone says ‘trespassing of $9,000’

OK GUYS, bitserve WAS ACTUALLY FIRST BUT HE DIDN’T POST A SCREENSHOT OF BITSTAMP, HOWEVER I CAN SEE VIA THE TIME OF HIS POST THAT THE PRICE WAS OVER $9,000 AT THAT TIME. I’M NOT GOING TO DENY HIM THE PRIZE ON A TECHNICALITY THOUGH SO CAN bitserve & Icygreen PM ME PLEASE WITH A BITCOIN ADDRESS AND I WILL SEND YOU $50 WORTH OF CORN EACH WHEN I WAKE UP PROPERLY LATER TODAY. IT’S 05:29 AND I JUST WOKE UP FOR A PISS

(This is fine.)

[Hueristic]

WTF
Every time I check the price we're up another $1,000

I mostly just hodl, but TBH this seems like a good time to short.

Where's JJG's batman meme when you need it!
Ohh wait, being facetious. I guess it is hard to see on a bbs.

I got here 2 days ago. I said litterally i announce buy at 7.4 and i said above 8.8/8.9 is a bull market Y. I'm talking about this 2 days now. And still got questions, why this happened. Not only you missed 7.4k but also missed 8.8k. Now it's 10k.

Got  zero thank you comments for this warnings  and zero merits.
9,
But can't complain about btc longs gains.

I've been attic mining (trying to get motivated to sell the crap out of the attic to eBay to then BTC...for some dust BTC)

I bought $159.08 BTC yesterday at $7,509.00 I think it was as of now the price on www.coinmarketcap.com for BTC is $9,828.70 and says BTC is

up 31.11%! Sheesh.

I should buy some more huh? Thank You all for the kind thoughts, but I'm confused usually I buy and it DUMPS 31.11%.

So I'm in full HODL mode, long term, 3-5 years, yet this still gets me hot and bothered. I may need to take a cold shower if the price keeps going up!

Bitcoin Price = Always Befuddling.

LOL


https://twitter.com/BXRekt/status/1187910528309444608

Ohh, that is just perfect!!!

.... WHEN I WAKE UP PROPERLY LATER TODAY. IT’S 05:29 AND I JUST WOKE UP FOR A PISS [/size][/b]

Getting old is literally a real pisser.

[Vectra]

China doing what China does. Feels like 2011/12 years when each announcement of their BOC or whatever it is called was causing huge moves.

[ivomm]

Jeeeeeesus Christ! What did happen during the night?!?!?!? From 7400 to 10 350 on Bitstamp (10 540 on coinbase)!!! This is  the greatest pump in less than 12 hours in the history of Bitcoin (at least for the last years). Back to bed now (fingers crossed for 15K after I wake up). LOL

[Biodom]

Jeeeeeesus Christ! What did happen during the night?!?!?!? From 7400 to 10 350 on Bitstamp (10 540 on coinbase)!!! This is  the greatest pump in less than 12 hours in the history of Bitcoin (at least for the last years). Back to bed now (fingers crossed for 15K after I wake up). LOL

EU/UK were missing in action (mostly).

[Gyrsur]

   Bitfinex    BTC/USD  9660.00   

[whiteboy420]

before we break the 200dma its all just a bounce.

added @ 8.7k and have orders (short) until 9k.

Its 9.5k now.
How are your shorts doing?  

Idk about the rest of you but I voted this last night.

Got stopped out and hurt.

dose not feel nice.

I guess the Bull market is back on and u lots were right all along.

Still shorted 9750 again because i can't let it.

otherwise, I'm back in the Bull camp.

[Cryptotourist]

Waking up reading WO, observing a second raptor dildo in less than 24hrs.
Priceless.

[jojo69]

LOL


https://twitter.com/BXRekt/status/1187910528309444608

TILT


shorts today...

[fillippone]

Hello WO!
Observing 9,638.
Asleep at the wrong time!
I missed a lot of fun!

[JayJuanGee]

Guys, don't get traped on your emotions. Traders don't do that. Whales use noob's emotions to trick them into fomo or panic sell. When we were higher at 12k and 11k many of you wanted 8k but when it droped to 8k suddenly almost no one wanted to buy anymore. I tried to warn you. I said at 7.4 you got your gift, a buying opportunity that you wished for. But instead many users talked about shorting and bearish things. And now after this pump many of you got emotional again.  

Why so patronizing and even presumptive SuperTA?  Many of us have been here a whole lot longer than you.

We are not kids here, even if we like to have fun sometimes.

Helrow?

Most of us here know what the fuck what we are doing.

Mostly the theme is to Buy and HODL.... and maybe dicker around with some other thingie ma jiggies, here and there, but buy and hodl are the staple foods.