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

[Mirsad]

Well unless you made up your trading history (which is very possible) then yes. I am not including your house/car/stocks/bonds. Bitcoin is play money after all.

True. I have to apologize.
I do not know how much you have or had invested in bitcoin.
And you do not know how much I had invested. Since 2013 I changed my positions.

As you mentioned, BTC is play money. I never intended to get big returns.
The reason is, here in switzerland, they restricted the online trading with penny stocks, and they are besides BTC the most fun to trade, because they are volatile. Other investment do not need you presence, you just buy with a reason, set your limits, wait, repeat.

[Rizla2345]

[aztecminer]

...
all illegal immigrants (mexicans) now get a free 'get your money in the bank' id cards so they too can enjoy the same benefits as first class citizens (instead of being second class and left out of the benefits). first class citizen benefits: get abusively taxed, get obama-irs-scheme-cared, buy stocks @ATH's, buy high sell low, and get bailed-in!!

What can we do to stop these mud people, aztecminer?  The Jews and their government puppets (look who's the president now, those people are shameless!  It's as if they are mocking us!) have colluded to impoverish the decent, full-blooded Americans like you and me.
What's To Be Done?!

the reason for any bail-ins will be because of an economic crisis. i think making sure your own ass is covered. i think still some time left though cuz they gotta get the mexican's money in the bank's .

[ivyleague1985]

October Bottom $ 275

1 H

https://i.imgur.com/KxuPXMw.jpg?1

TODAy $ 169 bottom

1H

https://i.imgur.com/JsNkmeH.jpg?1

Yes, this bottom looks like the October one and it is AT LEAST a medium term bottom.

[inca]

Yes, this bottom looks like the October one and it is AT LEAST a medium term bottom.

Pull up bitcoinwisdom and look at finex or stamp on a longer timeframe chart (say 6 hours) and zoom out. Look at the volume! Now compare it with the bottom at 275.

[ivyleague1985]

Yes, this bottom looks like the October one and it is AT LEAST a medium term bottom.

Pull up bitcoinwisdom and look at finex or stamp on a longer timeframe chart (say 6 hours) and zoom out. Look at the volume! Now compare it with the bottom at 275.

The volume difference is due to the unclosed gap from $280. Once we fill that gap up, the green volume bar should be on par with the red volume bar just like the October bottom.

[macsga]

...
all illegal immigrants (mexicans) now get a free 'get your money in the bank' id cards so they too can enjoy the same benefits as first class citizens (instead of being second class and left out of the benefits). first class citizen benefits: get abusively taxed, get obama-irs-scheme-cared, buy stocks @ATH's, buy high sell low, and get bailed-in!!

What can we do to stop these mud people, aztecminer?  The Jews and their government puppets (look who's the president now, those people are shameless!  It's as if they are mocking us!) have colluded to impoverish the decent, full-blooded Americans like you and me.
What's To Be Done?!

the reason for any bail-ins will be because of an economic crisis. i think making sure your own ass is covered. i think still some time left though cuz they gotta get the mexican's money in the bank's .

Why pardon my quoting of an ignored character, but... aren't you Russian?  

[luckygenough56]

you guys should gobble up the cheap coins to sustain the organic growth/help the whales reach their target dump point

[Torque]

Yes, this bottom looks like the October one and it is AT LEAST a medium term bottom.

Pull up bitcoinwisdom and look at finex or stamp on a longer timeframe chart (say 6 hours) and zoom out. Look at the volume! Now compare it with the bottom at 275.

If your point is we had MORE buy volume on Oct. 4th at 275, then I agree with you.  And look at where we are now.  I don't see this as reversal.

A reversal is when you can go to a 30m, 1h, 2h, 4h, 6h, and 12h chart and all see the same thing:  rising price on rising volume.

[Mirsad]

you guys should gobble up the cheap coins to sustain the organic growth/help the whales reach their target dump point

Silence. Otherwise they dump too.

[superresistant]

 
I don't understand. At around 200 USD, mining is not profitable at all but the difficulty doesn't crash !

How can mining company still be running right now ?

[ivyleague1985]

Yes, this bottom looks like the October one and it is AT LEAST a medium term bottom.

Pull up bitcoinwisdom and look at finex or stamp on a longer timeframe chart (say 6 hours) and zoom out. Look at the volume! Now compare it with the bottom at 275.

If your point is we had MORE buy volume on Oct. 4th at 275, then I agree with you.  And look at where we are now.  I don't see this as reversal.

A reversal is when you can go to a 30m, 1h, 2h, 4h, 6h, and 12h chart and all see the same thing:  rising price on rising volume.

The volume is thin because many still didn't believe in the reversal yet. Volume will catch up once people confirmed it as a reversal.

[NotLambchop]

...
all illegal immigrants (mexicans) now get a free 'get your money in the bank' id cards so they too can enjoy the same benefits as first class citizens (instead of being second class and left out of the benefits). first class citizen benefits: get abusively taxed, get obama-irs-scheme-cared, buy stocks @ATH's, buy high sell low, and get bailed-in!!

What can we do to stop these mud people, aztecminer?  The Jews and their government puppets (look who's the president now, those people are shameless!  It's as if they are mocking us!) have colluded to impoverish the decent, full-blooded Americans like you and me.
What's To Be Done?!

the reason for any bail-ins will be because of an economic crisis. i think making sure your own ass is covered. i think still some time left though cuz they gotta get the mexican's money in the bank's .

Why pardon my quoting of an ignored character, but... aren't you Russian?  

It'll take more than your slanderous lies to sabotage my clan career

[sleger]

I don't understand. At around 200 USD, mining is not profitable at all but the difficulty doesn't crash !

How can mining company still be running right now ?

It is profitable once the hardware is bought, since they have it, they keep mining

[NotLambchop]

... Volume will catch up once people confirmed it as a reversal.

I've been promised $300,000 coins, that still on track?

[ivyleague1985]

Huobi is back online now.

Who promised panic selling would start again, because of Huobi?

[Davyd05]

Yes, this bottom looks like the October one and it is AT LEAST a medium term bottom.

Pull up bitcoinwisdom and look at finex or stamp on a longer timeframe chart (say 6 hours) and zoom out. Look at the volume! Now compare it with the bottom at 275.

If your point is we had MORE buy volume on Oct. 4th at 275, then I agree with you.  And look at where we are now.  I don't see this as reversal.

A reversal is when you can go to a 30m, 1h, 2h, 4h, 6h, and 12h chart and all see the same thing:  rising price on rising volume.

The volume is thin because many still didn't believe in the reversal yet. Volume will catch up once people confirmed it as a reversal.

what charts are you guys looking at, cause at least stamp, and finex .. don't have more volume at 275.. than we did breaking 200.

as to what amounts are buy volume that is gonna be subject to the candles timeframes. Unless you have data of the order flow.

[SmoothCurves]

Some interesting Ideas on this chart: https://www.tradingview.com/v/lonXBeb6/

[ImI]

I don't understand. At around 200 USD, mining is not profitable at all but the difficulty doesn't crash !

How can mining company still be running right now ?

just a question of energy-costs.

bitcoin would have to fall at sub 20$ to get the first big mining companies to quit mining cause of energy-cost problems.

[ivyleague1985]

Some interesting Ideas on this chart: https://www.tradingview.com/v/lonXBeb6/

This guy also post additional factors.

I think RSI lower than 30, Stochastic & Stochastic RSI lower than 20 are telling the same story that this bottom is the same as the October bottom.