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

[mindrust]

We should bounce from here as the master suggests or else we are seriously fucked and I am not kidding.

If any of you were shy till now and always wanted to get in cheap, that's your chance.

[vapourminer]

was that like a thousand dollar drop in like 10 minutes?

lol reminds me of the old days.

[somac.]

was that like a thousand dollar drop in like 10 minutes?

lol reminds me of the old days.

Question is though, is it over.

[OutOfMemory]

was that like a thousand dollar drop in like 10 minutes?

lol reminds me of the old days.

Question is though, is it over.

Just wanted to say the same.
SOMA it's not yet over.

[heslo]

was that like a thousand dollar drop in like 10 minutes?

lol reminds me of the old days.

Question is though, is it over.

Hope so, I'd be rather unhappy if it went any lower. I'm still way in the black but it's just not a nice look  

[JL0]

Update from Masterluc 1 Min ago

https://www.tradingview.com/chart/BTCUSD/iNSP9waV-Historical-IV-almost-completed/

+10 Merits ? God bless you and thank you so much 

[El duderino_]

was that like a thousand dollar drop in like 10 minutes?

lol reminds me of the old days.

In the old days there was no 1K btc 

[El duderino_]

was that like a thousand dollar drop in like 10 minutes?

lol reminds me of the old days.

Question is though, is it over.

Answer is easy, it ain’t over until it’s over

[El duderino_]

Update from Masterluc 1 Min ago

https://www.tradingview.com/chart/BTCUSD/iNSP9waV-Historical-IV-almost-completed/

+10 Merits ? God bless you and thank you so much 

Daaaaaaaaaaamn Master Luc is saying up from here around..... hope he found again his mojo

[Wilhelm]

Bitcoin is dead  It's time for sell off...

It's just a stupid panic. Time to buy  

You don't get rich by playing safe...

[LoyceMobile]

That was unexpected!

At previous drops I've often seen "the Chinese" get blamed. This is new, I would say this is a test for Bitcoin as "save haven".

[OutOfMemory]

Update from Masterluc 1 Min ago

https://www.tradingview.com/chart/BTCUSD/iNSP9waV-Historical-IV-almost-completed/

+10 Merits ? God bless you and thank you so much 

Read his last sentence. I'm looking for sideways, at least a day or two. Like with $3k last year. When i see AND feel the capitulation  

[by rallier]

was that like a thousand dollar drop in like 10 minutes?

lol reminds me of the old days.

yes, and I never miss those days. It is still too stressful.

[somac.]

Update from Masterluc 1 Min ago

https://www.tradingview.com/chart/BTCUSD/iNSP9waV-Historical-IV-almost-completed/

+10 Merits ? God bless you and thank you so much 

Daaaaaaaaaaamn Master Luc is saying up from here around..... hope he found again his mojo

I don't think he ever lost his mojo when it came to long term predictions. Sure it would overshoot his targets (not my much all things considered) but his timing was always pretty good.

[peonminer]

was that like a thousand dollar drop in like 10 minutes?

lol reminds me of the old days.

In the old days there was no 1K btc  

BTCitcoin Core, you ask?

Lol, I just hope it won't be so rough, that's nearly rape here xD

The 3,000BTC buy on 'finex was greeted with a 4,500BTC short. Hmmm.

what does it mean captin

Ah, the good ol' days.

[strawbs]

That may well have been the longest ever post (in vertical pixels) on here??

[vapourminer]

was that like a thousand dollar drop in like 10 minutes?

lol reminds me of the old days.

In the old days there was no 1K btc 

i know, i should of put it as a percentage drop really. but i was too lazy to do the math

[gentlemand]

That may well have been the longest ever post (in vertical pixels) on here??

I recall yards of gay porn, and once the image ban for newbies was implemented entirely because of that one psychotic poster, yards of ASCII porn.

It didn't stick around long though.

[vapourminer]

That was unexpected!

At previous drops I've often seen "the Chinese" get blamed. This is new, I would say this is a test for Bitcoin as "save haven".

this is a test of bitcoin period.

[peonminer]

That may well have been the longest ever post (in vertical pixels) on here??

If you check my Wall Observer thread posts from back in 2015-1017 I'm sure you'll find much longer ones, lol.

Holy freaking beartrap batman

One of my old favs:

http://fortune.com/2015/12/16/feds-rate-hit-you/

In one of the worst kept secrets in economic history, the Federal Reserve is expected to officially increasing its benchmark interest rate to 0.25% on Wednesday. Martin Hochstein of Allianz Global Investors estimates that investors believe that the Fed will eventually raise the interest rate to 1.2% by 2017. But according to the Fed’s economic projections, rates are likely to reach 2.6% by 2017. Historically speaking, though, Hochstein found that analysts underestimated the last three rate hike cycles. So that 1.4 percentage point difference is a “huge gap that could start some troubles,” added Hochstein.

http://www.ustream.tv/federalreserve



Assets and Liabilities of Commercial Banks in the United States (Weekly) - H.8 - Release Date: December 11, 2015
http://www.federalreserve.gov/releases/h8/current/default.htm




The FED is in worse shape than we thought. Looks like the FED is on a famous down hill Jamaican bobsled team. FED is well on its way to finishing at the bottom first.

Transcript of Chair Yellen’s Press Conference Opening Remarks December 16, 2015

http://www.federalreserve.gov/mediacenter/files/fomcpresconf20151216.pdf

The median projection for the federal funds rate rises gradually to nearly 1-1/2 percent in
late 2016 and 2-1/2 percent in late 2017. As the factors restraining economic growth continue to
fade over time, the median rate rises to 3-1/4 percent by the end of 2018, close to its longer-run
normal level.

 The Board of Governors also approved a 1/4 percentage point increase in the discount rate
 for primary credit to 1 percent.

Economic projections of Federal Reserve Board members and Federal Reserve Bank presidents December 16, 2015

http://www.federalreserve.gov/monetarypolicy/files/fomcprojtabl20151216.pdf


GDP stagnant and decreasing = √
Unemployment headed higher = √
PCE inflation about to spike up = √
FED rate headed for 4% hike = √
FED inflation target at 2% = √
Total US debt $60,000,000,000,000.00 = √

There are some things USD can't buy.

For everything else, there's BTCitcoin.