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

[madmat]

400$ by the end of the week thats the least I'm hoping..! just hope this is not the case of 1step forward and 2 steps back , thats happening from a while this year.

it could be retest $37x then slowly drop to $29x

Yes, it could, but you don't know...

[blatchcorn]

It is a good time to be long with 10:1 leverage 

[elasticband]

500-600$ by friday 

[simmo77]

400$ by the end of the week thats the least I'm hoping..! just hope this is not the case of 1step forward and 2 steps back , thats happening from a while this year.

it could be retest $37x then slowly drop to $29x

based on what?

on one year repeating history since $1100

OK, But you are using fairly precise numbers so where are you getting those numbers from (TA? Your arse?)

Edit: I'd love some of the bulls to show their work also. Lots of random numbers being thrown around.

[elasticband]

$400 range  going to fly past if we can brake this resistance

[dreamspark]

500-600$ by friday 

I don't think we're going anywhere near there by Friday. Just breaking $400 and staying there is step number 1.

[fonsie]

400$ by the end of the week thats the least I'm hoping..! just hope this is not the case of 1step forward and 2 steps back , thats happening from a while this year.

it could be retest $37x then slowly drop to $29x

based on what?

Based on the fact that this is fallling's latest/newest account, so pretty worthless info.

[dreamspark]

And the wall moves up, I think this is gonna keep us bullish for a little while longer.

[prophetx]

this is pretty crazy, i wonder what the hell is going on

[Searing]

sheesh....go away from the puter for a bit and 373.96 on coinbase is trying to slip by upward on a rope it seems

(ah the rope of hope....go baby go)

[NotLambchop]

What fresh hell is this, gentlemen?  Explain these shenanigans!

[JorgeStolfi]

Or unverified accounts are just moving coins out of bitstamp.

that is not possible as of last year...

I guess that the easiest way out for an unverified account holder is to borrow the legit ID of some poor chap, without his knowledge or in exchange for a small sum; and then withdraw BTC to the holder's wallet.  That route is used for money laundering, but it is risky since the money can be followed through the chap's bank account to the holder; whereas the BTC can't.

[prophetx]

What fresh hell is this, gentlemen?  Explain these shenanigans!

also money 2020 in las vegas ended on november 5th.  notice this rally started around then.

it could be that the exec's at the big companies saw what is going on, and were like....



because hey bitcoin is the ultimate outsourcing app for transaction processing, and if you have to think about the bottom line...

[prophetx]

Or unverified accounts are just moving coins out of bitstamp.

that is not possible as of last year...

I guess that the easiest way out for an unverified account holder is to borrow the legit ID of some poor chap, without his knowledge or in exchange for a small sum; and then withdraw BTC to the holder's wallet.  That route is used for money laundering, but it is risky since the money can be followed through the chap's bank account to the holder; whereas the BTC can't.

yes or he can take your money and turn you into the Fed's and get a nice bounty

anyway the verification thing on bitstamp has been known for one year...

[Torque]

500-600$ by friday  

I don't think we're going anywhere near there by Friday. Just breaking $400 and staying there is step number 1.

Just look at the 1d Stamp chart.  Until we break 400 and can actually stay above it for at least a few weeks, we are not going anywhere but more sideways/down.

[prophetx]

500-600$ by friday  

I don't think we're going anywhere near there by Friday. Just breaking $400 and staying there is step number 1.

Just look at the 1d Stamp chart.  Until we break 400 and can actually stay above it for at least a few weeks, we are not going anywhere but more sideways/down.

the 6 hour is a better indicator

[Torque]

500-600$ by friday  

I don't think we're going anywhere near there by Friday. Just breaking $400 and staying there is step number 1.

Just look at the 1d Stamp chart.  Until we break 400 and can actually stay above it for at least a few weeks, we are not going anywhere but more sideways/down.

the 6 hour is a better indicator

For trading maybe, but not for buy-n-hold longs.

[noobtrader]

500-600$ by friday  

I don't think we're going anywhere near there by Friday. Just breaking $400 and staying there is step number 1.

Just look at the 1d Stamp chart.  Until we break 400 and can actually stay above it for at least a few weeks, we are not going anywhere but more sideways/down.

above 380 but stay there is enough, no need for 400

[MrPiggles]

Or unverified accounts are just moving coins out of bitstamp.

that is not possible as of last year...

I guess that the easiest way out for an unverified account holder is to borrow the legit ID of some poor chap, without his knowledge or in exchange for a small sum; and then withdraw BTC to the holder's wallet.  That route is used for money laundering, but it is risky since the money can be followed through the chap's bank account to the holder; whereas the BTC can't.

It's not that easy to do, bitstamp needs pics of your ID, you holding them, and notarised copies of everything with the pics of notarised copies taken at an angle. You can't use an unknowing smurf, they need to be in on it.

[NotLambchop]

...
It's not that easy to do, bitstamp needs pics of your ID, you holding them, and notarised copies of everything with the pics of notarised copies taken at an angle...

Sounds impossible...