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

[seljo]

Since the page is 6990 it reminded me of great miner back in the day the allmighty Radeon 6990 the tool of today whales.

[oda.krell]

Looks like stamp can't quite make up its mind whether to cross the ma200 or not...



Probably will though, China is already above.

[JayJuanGee]

I give up! I am revising my projections: price will immediately go to:

$1,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000

That's the spirit!!!!

[Parazyd]

My prediction in the next few years is at least $3000 per BTC. In today's value.

[ChartBuddy]

Explanation

[segeln]

Looks like stamp can't quite make up its mind whether to cross the ma200 or not...

only on 1d scale MA 200 didn`t cross. on all other scale it did cross
cherry-picking for bears ?

[edwardspitz]

My prediction in the next few years is at least $3000 per BTC. In today's value.

If nothing else inflation should take care of that 

[sidhujag]

Bitcoin's collapse will probably just be one big candle straight to 0 - not something gradual that we predict and chart out with TA. Maybe the same with the economy.

I am sure you are an excellent technical trader

Aaaaaaaaaaahahaaaaaaahhhaaa!
If only i could be bothered to dig up her completely ridiculous predictions from the last few months. She is completely clueless. All her trading is based on some weird obsessive compulsive disorder how Bitcoin will crash. She lives in a fantasy world full of doom and gloom.
We all can see how that worked out for her.

I think TERA's doing just fine.

Sure she does. She posts the most insane predictions but according to her always picks the right moments to buy and sell. I bet she's filthy rich by now.

You must not understand how trading works. It's all about knowing when to cut your losses, reverse your position, and let your winners run. You can consistently make invalid predictions in advance but still win and change your trading strategy at the last minute if you use the right risk management techniques.

 A perpetually self-damaging frustrated contrived & compromised mind such as Shroom's cannot be reasoned with. The basic trading insight & common sense you continually proffer cannot possibly reach & enlighten the closed, damaged thought routines of such an individual. You look foolish in even attempting to do so and/or defending yourself & your trading strategies =/

https://www.youtube.com/watch?feature=player_detailpage&v=QgdEwv381Z0#t=3285

Found it.

 ..Can you see the gigantic corny dildo obviously wedged tightly inside this constipated loser's sphincter..?!?? He gives off a 100% boot-licking bought-&-brainwashed shill vibe of the highest order.. o.o

I share that view its just a hunch tho.. most of them come true.

We need to see a stronger bull than ever to set the longterm chart into full bull mode again. Looks like its turning bearish on the weekly unless we visit the inverse of that rsi which usualy gives hints.

What? We are getting like +30 every other day and you're bearish? Do I read that right?

Nope.. some of my more important messages are usually more cryptic. Those that have traded for a long time might know what I meant.

[El Cabron]

Since the page is 6990 it reminded me of great miner back in the day the allmighty Radeon 6990 the tool of today whales.

i was just going to post the 6990 i still have

[ChartBuddy]

Explanation

[Parazyd]

Crazy volume.

[TERA]

Very light volume in this past rally. The only way to justify it is to theorize that a huge amount of coins have been bought offline by wall street whales or that some new exchanges are opening that we're not talking about. Which could definitely be true, but otherwise it doesn't look good.

[roslinpl]

Crazy volume.

what's so crazy with it?
For me it looks just normal ..

[Parazyd]

I mean it's kinda bad.

[ShroomsKit]

I removed my ask wall.

[Krabby]

I removed my ask wall.

[nanobrain]

Very light volume in this past rally. The only way to justify it is to theorize that a huge amount of coins have been bought offline by wall street whales or that some new exchanges are opening that we're not talking about. Which could definitely be true, but otherwise it doesn't look good.

On Stamp I think we are seeing a shortage of sellers...the total ask volume on Stamp has been steadily declining this last week/ten days yet the bid/sum ratio hasn't moved that much: the same number of buyers but fewer sellers.

I don't actually know what to make of the BTC price anymore -- the exchanges seem to be operating in a different reality to local bitcoins.  This is the three month chart for local bitcoins in the US, somewhat different to Stamp or Huobi: very consistent price band but with some wild daily fluctuations.  



So, I'd posit a lot of buying is happening off the exchanges and that will flow through to the market price gradually and there won't be any news catalysts for the changes as previously.

[Krabby]

If everyone is hodling meaning low volume price increases, what happens when everyone decides to get off the ride?

[Parazyd]

If everyone is hodling meaning low volume price increases, what happens when everyone decides to get off the ride?

Either skyrocket or big crash.

[flynn]

I removed my 0.1 BTC ask wall ... now it may skyrocket.