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

[seleme]

Price was set to go down before this significant move tbh  

Whenever there's no volume on Bitcoin, you can bet the price will go down.

do you believe your own generalities? or do you simply make a habit of hindsight rationalizations that make it seem to yourself like you're an infinite spout of wisdom?

in the historical data sideways consolidation has been bullish for Bitcoin more often than not.

Because sideways consolidation and close to zero volume are exactly the same thing. Can I pay you for that wisdom please?

[seleme]

Now we need that "never seen before" bubble chart to put these "it might never go back up" talk in the time frame on it  

There's also always THIS "never before seen" chart to show too:



It might not mean "btc is never going up" but is enough to justify withdrawing and coming back later.

The outcome is same 

[windjc]

Is anyone considering that a powerful operation is dead set on destroying the value of bitcoin once an for all?  International effort would be a piece of cake.  


Happy st paddy's

Here's the skinny: 2 out of 3 of the world's superpowers (Russia and China) are against Bitcoin. This leaves only the Unites States left to really support Bitcoin and set an authoritative precedent in the world. Also ,exchanges are dropping like flies. This year Bitcoin is actually experiencing a "reverse adoption" like never before (except maybe 2011) which is outweighing the adoption. The only hope left is that the United States continues to embrace Botcoin and that these exchanges start opening in New York in June. If I see that this is not going to happen then I will be leaving.

Tera. Calm down. Do you even listen to yourself sometimes?  Russia and China don't lead anything anywhere. They are not world leaders. However, Germany, if they were to start promoting bitcoin would be a world leader, because of their influence in Europe.  United Kingdom, same. Saudi Arabia, because of their influence in the Middle East. Hong Kong, because of their influence in Asia.

You basically pick the "axis of evil" and act like the fact that these countries (on, noos we left out the bitcoin unfriendly North Korea!) are anti-bitcoin is some sort of game changer.

Not only that but you set a deadline of June. Lol. Ok.

If you do leave, don't let the door hit you on the way out. But you know, I know, the american people know, and Bob Dole knows you aren't going anywhere.

[arepo]

Price was set to go down before this significant move tbh  

Whenever there's no volume on Bitcoin, you can bet the price will go down.

do you believe your own generalities? or do you simply make a habit of hindsight rationalizations that make it seem to yourself like you're an infinite spout of wisdom?

in the historical data sideways consolidation has been bullish for Bitcoin more often than not.

Because sideways consolidation and close to zero volume are exactly the same thing. Can I pay you for that wisdom please?

then i misunderstood you. all i mean to say is, i don't think the data supports your assertion.

[seleme]

Price was set to go down before this significant move tbh  

Whenever there's no volume on Bitcoin, you can bet the price will go down.

do you believe your own generalities? or do you simply make a habit of hindsight rationalizations that make it seem to yourself like you're an infinite spout of wisdom?

in the historical data sideways consolidation has been bullish for Bitcoin more often than not.

Because sideways consolidation and close to zero volume are exactly the same thing. Can I pay you for that wisdom please?

then i misunderstood you. all i mean to say is, i don't think the data supports your assertion.

No volume data certainly does support it.

Consolidation with volume not as it's usually accumulation period and probably most bullish stuff.

[windjc]

Now we need that "never seen before" bubble chart to put these "it might never go back up" talk in the time frame on it  

There's also always THIS "never before seen" chart to show too:



It might not mean "btc is never going up" but is enough to justify withdrawing and coming back later.

Uh, no. That chart would justify shorting and staying around to buy back at ridiculously low prices.

[Davyd05]

a lil more dumping let go sub 600 why not all the bears want to buy coins there lol

[bassclef]

Ballsy move there.

[seleme]

Now we need that "never seen before" bubble chart to put these "it might never go back up" talk in the time frame on it  

There's also always THIS "never before seen" chart to show too:



It might not mean "btc is never going up" but is enough to justify withdrawing and coming back later.

Uh, no. That chart would justify shorting and staying around to buy back at ridiculously low prices.

Well, I doubt many shorters would buy at optimal prices there, it's equivalent of it going to 30-40$ now, people would buy much earlier.

[byronbb]

Now we need that "never seen before" bubble chart to put these "it might never go back up" talk in the time frame on it  

There's also always THIS "never before seen" chart to show too:



It might not mean "btc is never going up" but is enough to justify withdrawing and coming back later.

Dat 500k candle. God.

[seleme]

Now we need that "never seen before" bubble chart to put these "it might never go back up" talk in the time frame on it  

There's also always THIS "never before seen" chart to show too:



It might not mean "btc is never going up" but is enough to justify withdrawing and coming back later.

Dat 500k candle. God.

Yeah, hope people who bought there hodled all the way to top.

[billyjoeallen]

Buy when everybody is pessimistic.

[byronbb]

 

[seleme]

Buy when everybody is pessimistic.

We might not be there yet but it's close.

[seleme]

That was nice dump. 

[arepo]

That was nice dump.  

caught me by complete surprise, i didn't think the first small move down to $620 was significant at all

[byronbb]

Buy when everybody is pessimistic.

We might not be there yet but it's close.

How can we be close to pessimistic? Bitcoin was $100 a year ago. True despair-pessimism is a long WAY DOWN.

[billyjoeallen]

Buy when everybody is pessimistic.

We might not be there yet but it's close.

How can we be close to pessimistic? Bitcoin was $100 a year ago. True despair-pessimism is a long WAY DOWN.

We've been through so many of these rally/corrections that we've learned to front-run the cycle, so it won't go that far down. It always seems different this time but in hindsight it's not.

[seleme]

Buy when everybody is pessimistic.

We might not be there yet but it's close.

How can we be close to pessimistic? Bitcoin was $100 a year ago. True despair-pessimism is a long WAY DOWN.

There are lot of people who entered the game way above those 100$, they are certainly close to pessimistic stage, some of them are in it for some time. The others won't let it go that low, no chance.

[billyjoeallen]

oh noz, Bitcoin is only 51% higher than it was three weeks ago- everybody panic!