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

[ChuckBuck]

Damn it, it's coming up constantly
Let's wait for this wonderful moment together

[LFC_Bitcoin]

^^

Not on Stamp, it’s not!

[mindrust]

If this manages to go above $10k and break that big triangle I showed earlier, I'll become completely positive about this year. Till that happens, I am %60-70 optimistic.

If it makes a U turn from $10k to $7k... well it is not great.

Great pump keep it up. I did my part today.

[Cryptotourist]

I don't know about you, but I am a proud Bitcoin hodler. Perhaps you are referring to yourself and your wankcoin?  

Okay, obviously deserved that, but no.

My sincere apologies ivomm, I really thought that it was jonoiv that I was responding to - hence my aggression.
I'm a proud Bitcoin hodler also.

[JayJuanGee]

Peter Schiff finally says something relevant.

The actual national debt grew by over $1.2 trillion in 2019. That's just over $100 billion per month. The rise in 2020 will be even greater. If we really had a good economy, the deficits would be getting smaller, not larger.

https://twitter.com/PeterSchiff/status/1216876516375699456

Wow, insane numbers! Thats like 3.33 billion per day to prop up markets while very few understand or care.  This ends poorly.
Run for the exit while its still possible. BTC

It will only end poorly for those who didn't prepare. Ive been telling everyone I know that they should AT LEAST buy $100 of Bitcoin or put 1% of their money into Bitcoin as an insurance to a financial crisis. You want to know how many people have listened? ZERO.....Their attitude is that they don't have any money to "waste/risk", mind you though, these are the same people that will go out and buy the new piece of technology, or go out to the bar on the weekend and drop $100 on drinks/taxi etc.

People like this, which is like 95% of the world are ignorant and will never have their mind changed until it hits them personally, which it will.

If you give them advice, the stupid ones won't listen and the smart ones think they know better.

I would not listen to you either, jupiter9, especially if you were to start to spout off about Gann bullshit and the influences of celestial bodies.  So if you are having difficulties having some kind of reasonable approach to your bitcoin discussions, then it would be easy to NOT listen to you.

I suppose, if we were to give you some benefit of the doubt, and if you were able to stick to some kind of accumulate and HODL discussion, then at least you might, coincidentally, be saying some of the right things about BTC (even if for the wrong reasons).

[rdbase]

^^

Not on Stamp, it’s not!

Nope not there just yet. It has touched $8850 but then straight down to $8808 and spurting up like a gyser ever so gently,
It is just flirting with us right now.

[jojo69]

Do you guys observe anything else?
It is a very strange day outside of BTC (some alts are going positively crazy).
Anybody has a rationale?

Noticed Dash earlier on, but hey, look at that Shit Vision coin.

#

Congrats to the lucky sellers of BSV at 0.24 BTC on BFX!

Wrong thread asshole.

hey, he's just pointing out stuff that actually happened...chill

[Cryptotourist]

I need to go to dinner.
Damn you LFC.

#

hey, he's just pointing out stuff that actually happened...chill

Yeah, my bad, sorry.

[ChuckBuck]

Nope not there just yet. It has touched $8850 but then straight down to $8808 and spurting up like a gyser ever so gently,
It is just flirting with us right now.

LOL  I was just a little disappointed. But okay, just HOLDDDDDDDDDDDDDDDDDDDDD 

[BitcoinGirl.Club]

Another new ATH of the year:

[JayJuanGee]

Observing Bitstamp is some $20-$30 higher than Bitfinex.

That doesn't usually happen.

Provides some inference that bitstamp is leading the pumpening.. which usually would be a more solid indicator of real... but hey, it is only one factor, and surely happens from time to time, especially during pumpenings (or dumpenings).

[BitcoinGirl.Club]

I need to go to dinner.

Good!
One Down!!! 😜

[makrospex]

another round of profit taking...
this may end up badly (hopefully for the bears)

EDIT: Woke up from a few hours of sleep, right at $8.835k. I caught a heavy cold, thus suffering from foggy brain, as most of you should have noticed by my posts in the last two days. I hope i can make it to $9k tonight, nice vegeta gif already prepared.

[OROBTC]

...

It's a good thing I didn't vote in the latest poll.  I would not have foreseen this pump, para nada.

I am wrong some 80% of the time trying to make short-term trades (inc. buying BTC, price goes down immediately after I buy).  That same pattern has always been with me: casinos, put options on the S&P 500, buying gold, etc., bang!, they go down as soon as I buy.

Now I stay away from short-term & rigged games (inc. alt-coins).

BTC and Au: HODL!  Nice diversification, works for me.

[Biodom]

markets overall are behaving strangely today...many small stocks are also up 5% or more.
I think stock market is at the equivalent of January 2000 euphoria stage, blowoff top is imminent within 3 mo or less (maybe after going up another 10-20%). It seems that shorts worldwide are giving up (temporarily).

Personally, i don't like fast moves, but enjoying today.
I think that we "deserve" it after about 6-7 mo of negativity.

BTW, where is HM?

[JayJuanGee]

Well that was fun whilst it lasted  

Another night with no sleep.

Haha!
Some people have alarms or notifications on their phones with exchanges that go off when their specific price of interest is reached.

I’ve never done it myself but have seen people mention it here in the past.

I used to do that, especially between 2014 and through 2016.  I mostly stopped after that, and let any of my presetting of orders to do the work.  I did also have some manual ways of implementing trading during that time, too, so figuring out how to set orders did help a lot and getting past the accumulation stage helped a decent amount too.

I prefer my sleep these days, but I am not opposed to looking at the price when I get up to take a leak, and surely those kinds of actions of looking at the price can really screw up some good sleep... so sometimes it is better to just resist the temptation and don't look (which is easier said than done... at least these days).  

Maybe if BTC does another 5x or more from here, then perhaps there will be even less inclination for me to look at the price on a regular basis?  Perhaps?  Perhaps?

I know that i have already projected that the spread of my buy and sell orders is going to become greater and greater with the passage of time.  NOT just in terms of dollars because that is obvious, but in terms of percentage of price movement that has to happen before I give any shits.  

So, I am kind of expecting that both the fact that my order spreads are increasing and that bitcoin is likely to become less volatile with increases in market cap, and both of these dynamics are going to likely lead to a lot less need to look at the BTC price and/or to have to take any actions, such as setting or resetting orders based on the filling of other orders on the books.

[mindrust]

markets overall are behaving strangely today...many small stocks are also up 5% or more.
I think stock market is at the equivalent of January 2000 euphoria stage, blowoff top is imminent within 3 mo or less (maybe after going up another 10-20%). It seems that shorts worldwide are giving up (temporarily).

Personally, i don't like fast moves, but enjoying today.
I think that we "deserve" it after about 6-7 mo of negativity.

BTW, where is HM?

https://www.zerohedge.com/markets/fed-injects-82bn-liquidity-term-repo-most-oversubscribed-one-month

Probably has something to do with this.

If this is what you say it is, it can't end well. (For stocks, not sure about bitcoin)

[makrospex]

I am wrong some 80% of the time trying to make short-term trades (inc. buying BTC, price goes down immediately after I buy).  That same pattern has always been with me: casinos, put options on the S&P 500, buying gold, etc., bang!, they go down as soon as I buy.

Now I stay away from short-term & rigged games (inc. alt-coins).

Means i should buy some alts now, right?  
Just joking.

The key is not to sell after the bang!.
I threw my last fiat into BTC at $15k in 2017, but i still got that corn, baby.
 

BTC and Au: HODL!  Nice diversification, works for me.

In my case:
BTC for the parents, Au for our kids  

EDIT: ultimately, the BTC is for the kids, too tbh.

[jojo69]

BTW, where is HM?

in my basement

its not water boarding if you use diesel

[JayJuanGee]

Good thing is that Bitcoin price broke out over the 6 month old down trending channel that has been described by Peter Brandt before. The price should stay above the upper wall of that channel for a while. It is very important. It is better to stay around here for a while, instead of going up and down sharply.

Not too many folks in this thread reference Peter Brandt, and likely we are NOT missing too much. 

I believe usually if he is mentioned it would be in a negative way.  Not saying that coincidentally he might end up being correct from time to time.