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

[Richy_T]

the unexpected happens every once in a while and going full fiat means your going to lose a guaranteed 3% a year due to inflation. Dovish comments by Janet Yellen suggest it will be worse than that.

A visit to shadowstats is worthwhile. It looks like 3% is just the worst they are willing to admit to and can game the calculations enough to produce.

[Sandia]

The bottom of this channel is about 485.  I have bids at 490, but I am starting to think they won't get filled.  My best guess for a low is 498 since there was no bounce down from the trend line.

[ChartBuddy]

Someone locked the chartbuddy thread. I'll stick his, uh, my posts back here shortly but it might be about time for another poll.

[thefunkybits]

When I say 500 i really mean 480-520...

Once we will leave this trading range there will be no turning back  

Looks like we're leaving this trading range...

When we finally break up, $800 will come hard and fast

[blade87]

Almost looks like some big players are testing the waters with the less liquid LTC right now.

[Phillis]

bitfinex is leading the charge

[Zicore47]

It's a trip... oh I mean trap!

[ShroomsKit]

My gut says an entrance at 480 can't lose money over the course of a month.
If we hit that number, I will be all in.

And you're gonna risk having to buy at 520 or higher instead because you want to save 20 bucks per coin. Makes sense.

I am not an idiot.  Give me a decent upward trend, and I will buy.  Until then, I am betting we see 480-485.

The bottom of this channel is about 485.  I have bids at 490, but I am starting to think they won't get filled.  My best guess for a low is 498 since there was no bounce down from the trend line.

You don't really have a clue what you're doing do you?

[falllling]

It's a trip... oh I mean trap!

as always, you would lose money if you buy in dead cat bounce fake recover trap

[Sandia]

My gut says an entrance at 480 can't lose money over the course of a month.
If we hit that number, I will be all in.

And you're gonna risk having to buy at 520 or higher instead because you want to save 20 bucks per coin. Makes sense.

I am not an idiot.  Give me a decent upward trend, and I will buy.  Until then, I am betting we see 480-485.

The bottom of this channel is about 485.  I have bids at 490, but I am starting to think they won't get filled.  My best guess for a low is 498 since there was no bounce down from the trend line.

You don't really have a clue what you're doing do you?

Apparently not.  I am still sitting here with fiat.
I hope to god a troll doesn't beat me...I would have to make a new account because of the shame.

[Erdogan]

Waiting for the next leg up...

[Erdogan]

Momentum buyers, time to step in!

[fonzie]

[exocytosis]

Oh no, we're going up again! We can't allow this to go on! We need to get down to sub-400 to shake out more weak hands first!

[Erdogan]

Oh no, we're going up again! We can't allow this to go on! We need to get down to sub-400 to shake out more weak hands first!

I suppose the ones having more faith in fiat are happy (with their fiat in hand).

[pinky]

Oh no, we're going up again! We can't allow this to go on! We need to get down to sub-400 to shake out more weak hands first!

Now we are going to shake out short positions, then maybe down again.

[adamstgBit]

second leg up incoming. whats the target?

800$

ha ha ha

[exocytosis]

The dead cat is gonna bounce for a while.

[Junkbarman]

The dead cat is gonna bounce for a while.

So it seems.

[bassclef]

My cat told me to buy back in this morning. Seems sellers have exhausted their ammo.