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

[derpinheimer]

We're again flirting with this level but will we be able to break through resistance this time.........

I think so too.

[ejinte]

Voted $650 think we'll need to wait until tomorrow

[Gingermod]

1W MACD is closing green for the first time since January 29th

[ChartBuddy]

Explanation

[deadley]

Voted $650 think we'll need to wait until tomorrow

We are facing still stiff resistance. We can't do much just waiting for upwards movement.

[Krabby]

1W MACD is closing green for the first time since January 29th

Anyone know what price it would take for it to go into the red?

[Richy_T]

So, I think that the truth is somewhere in the middle. But in the context of my previous post, one truth remains.
If you want to generate wealth, then you have to either 1) work hard 2) be talented 3) deceive others

You miss out "get lucky" but more importantly "Use your resources wisely" (which dovetails a little with the "Be talented").

In truth, many here used their knowledge of the arts to recognize an idea (rightly or wrongly) as something with a huge potential and invested some of their capital, obtained through other means, to jump on board (in the process, rewarding those who had put in the 1) and 2) from above).

[Gingermod]

1W MACD is closing green for the first time since January 29th

Anyone know what price it would take for it to go into the red?

I think 585-590.

Last week we held green at that level but lost it when we dropped down to 550-570

[adamstgBit]

>800 next week I guarantee it, not kidding.

[deadley]

>800 next week I guarantee it, not kidding.

You are overestimating, I don't think it will touch 800 mark next week first we need to cross 700 with huge volume then we can say we are bullish and rally will prolong to 800 or above.

[bangersdad]

I think that there are a lot of fools who dream of riches but who aren't ready to do any hard work for it.

what about those of us that work damn hard at our jobs in order to earn as much money as we can to then buy bitcoin. I work as much overtime as i am offered, and save as hard as i can so i can buy bitcoin, and i would imagine i am not alone. i do not dream of riches - i just feel alot safer having my holdings in BTC which i control rather than in a bank which i do not. If i am making more than the current pittance offered by interest on savings accounts then i am even happier.

[derpinheimer]

>800 next week I guarantee it, not kidding.

Do I get 1,000,000 Satoshis if you are wrong?

[deadley]

>800 next week I guarantee it, not kidding.

Do I get 1,000,000 Satoshis if you are wrong?

lol, atleast ask 1 BTC if he gone wrong, 1M satoshi is really very low.

[adamstgBit]

>800 next week I guarantee it, not kidding.

Do I get 1,000,000 Satoshis if you are wrong?

lol, atleast ask 1 BTC if he gone wrong, 1M satoshi is really very low.

yes sure wtv, 110% money back guarantee!

BUY BUY BUY!

 

[adamstgBit]

no but i seriously think >800 next week.

and if you're not seeing it, you must be blind.

I dont like to do too much explaining,  this has been a friendly warning

[wachtwoord]

Regarding the poll: when does the daily candle close? GMT?

[adamstgBit]

Regarding the poll: when does the daily candle close? GMT?

i think its at 8:00PM EST

[wobber]

1W MACD is closing green for the first time since January 29th

Rally time?

[Mervyn_Pumpkinhead]

So, I think that the truth is somewhere in the middle. But in the context of my previous post, one truth remains.
If you want to generate wealth, then you have to either 1) work hard 2) be talented 3) deceive others

You miss out "get lucky" but more importantly "Use your resources wisely" (which dovetails a little with the "Be talented").

In truth, many here used their knowledge of the arts to recognize an idea (rightly or wrongly) as something with a huge potential and invested some of their capital, obtained through other means, to jump on board (in the process, rewarding those who had put in the 1) and 2) from above).

I think that "get lucky" applies more to obtaining wealth then to generating wealth. If you win the lottery or invest into an highly risky scheme with an unpredictable outcome and win, then you aren't exactly generating wealth, but obtaining the wealth of others who have entered the same game of luck.

"Use your resources wisely" applies more to "work hard". For using your resources wisely in business ,you have to study. You have to learn about all the details and specifics needed in understanding the resources at hand. You can only manage something skilfully if you understand that something in depth.
There is also talent in this skill and some people have better natural instincts, but work is still the main factor for success in managing resources.

I know that many like to flatter themselves by saying that they knew already in 2011 that btc will cost 1000$ in the coming years. I can't take these people very seriously if they don't have a long resume of successful investments in the field of finance or information technology. If it's about skill, then they could use that skill in a much bigger field then bitcoin, but most of those "seers" have bitcoin as their only hope for success and they aren't successful with investments in general.
Thats's the reason why they seem like the guy who made one successful centre court shot in basketball, and after that they started bragging ,how they belong to the NBA and how it was pure skill.
So, with this reasoning, you may understand why I don't believe in this "recognizing the idea" very much.

[BTCfan1]

looks like 655 is FINALLY going to get eaten