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

[magicmexican]

Is this a bot on huobi buying 0.0* btc constantly?

[igorr]

Are we seeing now the lowest point in bitcoin price for the next 6 months?

Probably the highest point in the next 6months.

100% true, never again $ 500

that's right. And it's not gonna stay long at the 400 level

The price $ 450 will be halved, and after this comnig recovery price to $ 370, and again, again, again to zero.


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[/quote]

[uhoh]

Are we seeing now the lowest point in bitcoin price for the next 6 months?

Probably the highest point in the next 6months.

100% true, never again $ 500

that's right. And it's not gonna stay long at the 400 level

The price $ 450 will be halved, and after this comnig recovery price to $ 370, and again, again, again to zero.


View Screen Capture

[/quote]


LOL, thats 10, TEN times today you've posted that irrelevant chart.

[JayJuanGee]

By the way is this the longest thread ever created?

on the entire internet


yes.

How would you know that?

[donut]

By the way is this the longest thread ever created?

on the entire internet


yes.

How would you know that?

Obviously he read the entire internet.

[Ultros]

[billyjoeallen]

But it isn't.  Almost no one holding BTC is unable to accumulate more.

How do you know that?  I for one am flat broke at present

My reasoning is default reasoning:  People who accumulate BTC are thinking ahead.  People who think ahead, tend to have better cash flow than people who don't.  The prime exception would be those who accumulate too aggressively.  But people who accumulate too aggressively tend to get squeezed out, so they end up being non-holders (or lesser holders).  The over-aggressive are likely a very small number, but more vocal than those who are less aggressive (and so forum chatter is likely to lead to over-estimation of their numbers).

That's silly. It's the bear market that squeezes them out so your reasoning is circular. They will get squeezed out until they are squeezed out, so the bear market can continue until it doesn't continue. How aggressive is too aggressive? That's something that's only known after the fact, as is how aggressive isn't aggressive enough. Forward thinking people tend to project their own forward thinking on to others (I do it all the time) when that isn't necessarily the case. Being ahead of your time is just as dangerous as being slow when it comes to market timing.

[uhoh]

Fantastic!! 

[JayJuanGee]

For a guy who is usually propagating anti-federal government rhetoric, you (BJA) surely are being inconsistent here to be giving the fed govt the benefit of the doubt in their policing shenanigans. 

This is one of the frequent themes that I have witnessed with supposed libertarians who will want to get rid of the fed govt when it comes to its role in providing a vast array of social services - however, when it comes to various policing functions or property protection functions, some anti-govt folks seem to harbor some kind of blindness that the federal government is more likely to follow rules.  Maybe I am being too hard on libertarians, here, and this inconsistent viewpoint is merely yours, BJA.

You are adjusting the facts to attempt to fit your assertion, but it still remains quite fantastical to assert that any major discount will be achieved through a mass sale of BTC.

To me, entrapment is encouraging someone to commit a crime that they would not have otherwise committed. Now, I disagree with some of the examples given (regardless that they are supposedly from authoritative sources. Selling someone drugs because they ask for them for their sick mother is entrapment) but I would say that advertising on the pre-existing localbitcoins.com would not. Hanging out at a libertarian political meeting and trying to sell bitcoins to the participants would be however.

My point in the above statement is that BJA is all over the place, and then he seems to be engaging in some kind of defense of the feds to suggest that they are above some kinds of manipulative behavior, which they are NOT. Surely entrapment is a defense, after you find out that there is a snitch in the group, and you are less likely to have to raise such a defense if you strive to avoid getting into those kinds of situations... maybe easier said than done.. but if some stranger is telling you that s/he is planning to engage in illegal activities, refuse to deal with that person. 

[greenlion]

Are we seeing now the lowest point in bitcoin price for the next 6 months?

Probably the highest point in the next 6months.

100% true, never again $ 500

that's right. And it's not gonna stay long at the 400 level

The price $ 450 will be halved, and after this comnig recovery price to $ 370, and again, again, again to zero.


View Screen Capture

[ChartBuddy]

Explanation

[counter]

Are we seeing now the lowest point in bitcoin price for the next 6 months?

Probably the highest point in the next 6months.

100% true, never again $ 500

that's right. And it's not gonna stay long at the 400 level

The price $ 450 will be halved, and after this comnig recovery price to $ 370, and again, again, again to zero.


View Screen Capture

LOL, thats 10, TEN times today you've posted that irrelevant chart.
[/quote]

Wow that is a super bearish prediction.  Not much go base this on other then that chart haha.

[macsga]

WHERE ARE TEH TRAINZ?!?!



CH00CH00!!!1

[JayJuanGee]

Are we seeing now the lowest point in bitcoin price for the next 6 months?

Probably the highest point in the next 6months.

100% true, never again $ 500

I am sure that a lot of posters in this thread would be willing to bet you on your proclamation of certainty.. if you were so brave to put your money where your mouth is... which I doubt you would b/c you do NOT even believe it yourself.   

[billyjoeallen]

Obvious troll is obvious. I'm trying to make a bear case for various technical and fundamental reasons, but we should all know that every day is one day closer to the end of the bear market if it hasn't ended already.  I don't like being a bear and I'll happily flip when I think it's appropriate to do so. 

Trade on. That is all.

[TooDumbForBitcoin]

ignorechain.info reveals that Igorr has been confirmed six times, but he may be a double-spend of fonzie.

Caution:  igorr is tainted

[mah87]

CHOOO CHOOOO aannnnnnnnnnnnnnd BOOOMMM !! heading to 200 this week !!

[cbeast]

I hope Igorr got out alright.

[billyjoeallen]

Volume and price action wise this really looks almost identical to the market circa Mach 23 just before a huge sell-off.  I urge extreme caution.

[flynn]

Volume and price action wise this really looks almost identical to the market circa Mach 23 just before a huge sell-off.  I urge extreme caution.

We urgently need graphs with dinos for support