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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (0.8%)
7/28 - 11 (9.1%)
8/4 - 16 (13.2%)
8/11 - 7 (5.8%)
8/18 - 6 (5%)
8/25 - 8 (6.6%)
After August - 72 (59.5%)
Total Voters: 121

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26485296 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
Dump3er
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August 17, 2014, 09:08:02 PM

we are forming another 2011 style bear pennant that could potentially drop us to <$100 over the next several months!

Such TA, very bear pennant to 100, so volatile, wow!

Where will it go when price breaks out of this bear pennant?? -600?

Sell!! Sell!!
BTCfan1
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August 17, 2014, 09:08:15 PM

I've been following these 0.9 orders lately and they are somewhat suspicious, aren't they?

Also this fking sucks i needed to use up all my signature money at the 510+$ per coin not any less.

i see those as well....kinda strange
keewee
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August 17, 2014, 09:08:45 PM

18000 ltc wall interesting

eaten to 9k while typing lol

4k

gone

lol it's a bloodbath
JayJuanGee
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August 17, 2014, 09:09:14 PM

bulls still don't get it! the bubble has not been "pushed back". it's not going to happen!

people aren't going to magically start investing billions of dollars into bitcoin in November or whenever you'd like to believe just because of some bullshit numerology.

Yet another newbie knows it better!  Shocked

http://www.firstpeople.us/pictures/bear/1600x1200/High_Five-1600x1200.jpg

I clearly do since I've been warning you all for weeks about the impending downtrend and nobody listen!

Why should anyone listen to a newbie with 12 posts?  AND, a registration date of August 16 and a posting date of August 17 ---- claiming to have been posting for a week?  How's that possible?
kurious
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August 17, 2014, 09:10:11 PM

18000 ltc wall interesting

eaten to 9k while typing lol

4k

gone

Sold my last LTC last week - not worth keeping the last few for nostalgia's sake. Stuck 'em into XMR.
fonzie
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August 17, 2014, 09:10:26 PM

@ JayJuanGee

Better cut your loose!
mah87
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August 17, 2014, 09:11:12 PM


Why should anyone listen to a newbie with 12 posts?

This bear newbie is right. The bubble is popping. People start to understand that this level of price doesn't mean anything.


NEXT STEP ==> 100$ and below.
elasticband
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August 17, 2014, 09:11:49 PM

a push for a triple bottom
Chuckee
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August 17, 2014, 09:14:01 PM

bulls still don't get it! the bubble has not been "pushed back". it's not going to happen!

people aren't going to magically start investing billions of dollars into bitcoin in November or whenever you'd like to believe just because of some bullshit numerology.

Yet another newbie knows it better!  Shocked

http://www.firstpeople.us/pictures/bear/1600x1200/High_Five-1600x1200.jpg

I clearly do since I've been warning you all for weeks about the impending downtrend and nobody listen!

Why should anyone listen to a newbie with 12 posts?

this is a new account, my last was banned by moderators of this board who want to silence me to prevent panic, but i have been a member of the community since 2012. TA is akin to astrology, just lines on a chart to come to your own biased conclusions. the real indicator is volume... nobody is buying, even I'm surprised at the lack of bid depth as the tape sinks lower and lower! and the alt market clearly shows that interest in crypto is over! it's only natural that the smaller alts should topple first.
DubFX
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August 17, 2014, 09:14:05 PM

I've been following these 0.9 orders lately and they are somewhat suspicious, aren't they?

Also this fking sucks i needed to use up all my signature money at the 510+$ per coin not any less.

i see those as well....kinda strange
Doesn't it seem like a manipulation to you? To me it sadly does...i just hope that i won't wake up to sub 450, that would really, but really suck and would fuck whole 1 month of my till-now nice summer.
Dump3er
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August 17, 2014, 09:15:03 PM


Why should anyone listen to a newbie with 12 posts?

This bear newbie is right. The bubble is popping. People start to understand that this level of price doesn't mean anything.


NEXT STEP ==> 100$ and below.

Yeah. They should trust him, as he makes a solid TA!

Sell!
JayJuanGee
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August 17, 2014, 09:17:41 PM

@ JayJuanGee

Better cut your loose!

I have been cutting loose with my fiat for over a month.... and wishing that I would have waited a little more b/c NOW i do not have as much fiat left in my bank account....

I thought that the latest was that you were back in around the price that we are currently hovering at (in the $490-ish range)?  So you should be posting pictures of trains, no?
N12
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August 17, 2014, 09:19:43 PM

I thought that the latest was that you were back in around the price that we are currently hovering at (in the $490-ish range)?  So you should be posting pictures of trains, no?
He probably cut his loose.
JayJuanGee
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August 17, 2014, 09:26:35 PM

óÔÔò ʕ·͡ᴥ·ʔ óÔÔò


^^^^^^^  Cute!!!!   Looks just like my little doggie, or like Aminorex's monkey, no?
fonzie
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August 17, 2014, 09:27:25 PM

I thought that the latest was that you were back in around the price that we are currently hovering at (in the $490-ish range)?  So you should be posting pictures of trains, no?
He probably cut his loose.

Tr00, i cut my loose. Someone at Bitfinex is also trying to cut his loose right now. 300BTC @491.

Edit: Gone

Edit2: Moved down to 489.5
criptix
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August 17, 2014, 09:34:03 PM

dump it down, i have orders from 400-450  Grin
ibrahim11
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August 17, 2014, 09:43:11 PM

dump it down, i have orders from 400-450  Grin
you wish

(I do too Grin)
InstantBitcoin
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August 17, 2014, 09:48:23 PM

fun to watch ~ whales getting harpooned here!!!    Cool    weeeee
Newbie1022
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August 17, 2014, 09:50:37 PM

Hey guys, it is my understanding that with the Bitfinex policy change that you can actually short more than you used to be able to AND the margin calls come slightly earlier. This would be a non-issue if we were still trending up, but keep a look out for this.

You used to be able to get effectively 3.33 leverage on a long by buying bitcoin and then longing with the bitcoin as collateral. However, that equation doesn't work out as unless you can short without a margin account (that I don't know!!!!! So somebody clean up this thought and in the meantime take this with a grain of salt).
JayJuanGee
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August 17, 2014, 09:51:47 PM

Only in a very very far away future (and maybe not even then), if and when crypto/BTC accounts for the entire global money supply. Let's not count on that, mkay?
Um, no.

Bitcoin either expands until it becomes the money, or else it goes to zero(1).

Anyone who is not interested in, and working toward, the former doesn't belong in Bitcoin.

This isn't a game.



(1)http://nakamotoinstitute.org/mempool/the-problem-with-altcoins/


This transition to supposedly 100% may NOT happen for 50 years or more... so in the meantime, BTC will NOT be everything.  And, really I doubt that BTC would completely take over every single aspect of currency.. maybe 80%... and I could give a ratt's ass that smart people think differently... b/c they are likely wrong about that point.. we have a lot of competing storage of values and currencies and transactional mechanisms... and that diversity will likely continue
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