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

[mighty jol]

that s what a trendline is, just a point of view, if you could draw all of them on a chart  well they would all look good, because people are following them, it s like driving on roads and following signs. everyone agrees they are good to follow so everyone gets where they want.

[hodlmybtc]

People dumping 

[chromosoma]

I told you few days ago, that bitstamp is going to be closed  due to some illegal activities. That wasnt just a rumor;)

[podyx]

What is going on?

[dunchy]

I told you few days ago, that bitstamp is going to be closed  due to some illegal activities. That wasnt just a rumor;)

Please, enlighten us.

[oda.krell]

Never understood this lines but I drawed one from the sight of an optimist  

[...]

That's pretty much my point too. I see a lot of posts here with screenshots of Bitcoinwisdom with randomly drawn lines but not so much explanation/detail/Actual TA behind it... Usually the lines are simply placed in a manner that supports the poster's sentiment.


I'd like to know who everyone thinks does the best TA here (or on Tradingview etc) because I don't really have time to sort the wheat from the chaff myself...

That's quite lazy (although at least honest) and short-sighted: ask that question in here, and you'll get 10 different answers. Now you're faced with the same problem: who do you trust to give you a good recommendation about who's best at TA.

That said, watch out for masterluc (posts infrequently recently) and TERA. Both are rather bearish at the moment, draw your own conclusions from that.

[shmadz]

that s what a trendline is, just a point of view, if you could draw all of them on a chart  well they would all look good, because people are following them, it s like driving on roads and following signs. everyone agrees they are good to follow so everyone gets where they want.

well said, mighty jol

I'd like to add:

it's like the apparent hard bottom at 400. it's just an arbitrary number, but there appears to be a large amount of support at that level. Does support show up at that level organically? possibly, for the first time.

the second, third, forth times... likely are bolstered by people that like to read lines.

when the lines are false (probably a 50% occurrence) or even when they're true, they will be broken. the great benefit that they can provide is that they might leak a sneak preview into what might happen when the trendline is broken.

the lines cannot predict the price, they can only help you to predict the price.

[chromosoma]

I told you few days ago, that bitstamp is going to be closed  due to some illegal activities. That wasnt just a rumor;)

Please, enlighten us.

as far as my sources teold me. Bitstamp is involved is some illegal activity, presumably  some paedophile groups use  bitstamp to exchange money. That is why bitstamp  is going to be closed for investigation etc  next week or so.

[UnDerDoG81]

I told you few days ago, that bitstamp is going to be closed  due to some illegal activities. That wasnt just a rumor;)

Please, enlighten us.

as far as my sources teold me. Bitstamp is involved is some illegal activity, presumably  some paedophile groups use  bitstamp to exchange money. That is why bitstamp  is going to be closed for investigation etc  next week or so.

What can Bitstamp do if some customers use the Bitcoins for illegal activity? That is bullshit...

[lebing]

I told you few days ago, that bitstamp is going to be closed  due to some illegal activities. That wasnt just a rumor;)

Please, enlighten us.

as far as my sources teold me. Bitstamp is involved is some illegal activity, presumably  some paedophile groups use  bitstamp to exchange money. That is why bitstamp  is going to be closed for investigation etc  next week or so.

obvious fud is obvious.

[lemonte]

Chromosoma is the worst troll on here.

Are you willing to put your money where your mouth is and wager on Bitstamp shutting down?

[N12]

I told you few days ago, that bitstamp is going to be closed  due to some illegal activities. That wasnt just a rumor;)

Please, enlighten us.

as far as my sources teold me. Bitstamp is involved is some illegal activity, presumably  some paedophile groups use  bitstamp to exchange money. That is why bitstamp  is going to be closed for investigation etc  next week or so.

If (or really, WHEN) it turns untrue, I hope someone here will remind me to have this guy banned.

[chromosoma]

I told you few days ago, that bitstamp is going to be closed  due to some illegal activities. That wasnt just a rumor;)

Please, enlighten us.

as far as my sources teold me. Bitstamp is involved is some illegal activity, presumably  some paedophile groups use  bitstamp to exchange money. That is why bitstamp  is going to be closed for investigation etc  next week or so.

If (or really, WHEN) it turns untrue, I hope someone here will remind me to have this guy banned.

Yes, but till now everything seems to bur exactly as if it is true;)

[MoreFun]

Look at his last posts page... every single one of them have btc FUD. This guy desperately wants low prices and has ZERO credibility.

[shmadz]

I told you few days ago, that bitstamp is going to be closed  due to some illegal activities. That wasnt just a rumor;)

Please, enlighten us.

as far as my sources teold me. Bitstamp is involved is some illegal activity, presumably  some paedophile groups use  bitstamp to exchange money. That is why bitstamp  is going to be closed for investigation etc  next week or so.

obvious fud is obvious.

yup, and it doesn't even matter that it's false.

they will use this kind of stuff to put up a scare shield and use fear to try to implement regulation of bitcoin.

bumpy roads ahead

[lemonte]

WTF is this at stamp.

The rumors might be true, bitstamp is closing its business due to some illegal activity of its users.

LOL what rumours exactly?

I have some friends in USA, who actually  introduced me to this Bitcoin pest. They all say Bitstamp will go down till the end of this week.It has something to do with  paedophile activity , they seems to be  trading with  bitcoins  through bitstamp now.
They are  going to sell everything. but i am not sure  where they got those information. I dont really care since i only have 0.2 btc=))

Bullshit. Bet you haven't got any friends. Now scram and go spread your FUD elsewhere.

[mah87]

Look at his last posts page... every single one of them have btc FUD. This guy desperately wants low prices and has ZERO credibility.

why FUD ? bitcoin is obviously going down back to 200$. What credibility do you  have ?

[nioc]

I heard that HSBC is being shut down because they admitted to laundering money for drug cartels.  People going to jail.  You know war on drugs and all that.

Oh wait........

[lemonte]

Look at his last posts page... every single one of them have btc FUD. This guy desperately wants low prices and has ZERO credibility.

why FUD ? bitcoin is obviously going down back to 200$. What credibility do you  have ?

More than the 2 of you combined based on his previous posts which aren't crying when things get bad/ citing Ripple as the future or calling for Bitcoin to fail.

[windjc]

I told you few days ago, that bitstamp is going to be closed  due to some illegal activities. That wasnt just a rumor;)

Please, enlighten us.

as far as my sources teold me. Bitstamp is involved is some illegal activity, presumably  some paedophile groups use  bitstamp to exchange money. That is why bitstamp  is going to be closed for investigation etc  next week or so.

If (or really, WHEN) it turns untrue, I hope someone here will remind me to have this guy banned.

Yes, but till now everything seems to bur exactly as if it is true;)

Joking about pedophilia should be a banable offense, IMHO. And this is coming from a bear.

Unless there is some evidence for some truth in these allegations in the short term future, they should be some of your last allegations unless you want to apologize to all of us.