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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17802. (Read 26696010 times)

legendary
Activity: 3906
Merit: 6249
Decentralization Maximalist
but the essence of this price movement is not really baffling... if you think about the context of it... Am I missing something?

The problem is that fundamentals are weak at this moment. There is no mass adoption story in sight because the scalability problem seems far away from a real solution.

For the short term, I think bulls will do another try to break the ATH, because in the last bearish dump attempt $1000 essentially hold. But I see no real chance at the moment to break the ATH. The most likely outcome is that the rally breaks somewhere in the low 1100s and we crash again in the 9xx area - a classic double top in the making, although to confirm it we would have to go as low as $135 .. scary, but not impossible if there is no miner/developer agreement in the scalability discussion.


hero member
Activity: 658
Merit: 503
Bear with me
1000 Is the new bottom, love it.
legendary
Activity: 2772
Merit: 2846
40$ down in one day... Moon will come, but now aint the time yet.


Bullshit, there was no $40 drop.

Bitstamp $1040 high, $1008 low. It's now $1017.

hero member
Activity: 564
Merit: 502
Bitstamp 30m, high 1044.2 low 1004.7
Agreed, its only 39.5 usd
Yes, we're up again, still a flesh wound.
legendary
Activity: 3318
Merit: 1247
Bitcoin Casino Est. 2013
How did you come to that conclusion? Roll Eyes
It did not go below $1000 once yesterday and into today. Lowest I have seen it was $1009 and then it went back up to $1036 just as it was went I left it 17 hours ago.
So where was this $40 drop in one day that you are insinuating that happened?
Inquiring minds would like to know. Cheesy
legendary
Activity: 2338
Merit: 2106
crypto is dead.   Roll Eyes
hero member
Activity: 564
Merit: 502
40$ down in one day... Moon will come, but now aint the time yet.
legendary
Activity: 1960
Merit: 1022
Goodbye 1100, hello 700.   Shocked

You are Hero Member and you know the cycles of bitcoin market movement, in the weekends the banks are closed thats why the volume goes down and a little price correction was expected. Anyway this dont cancel the upward trend.
legendary
Activity: 947
Merit: 1008
central banking = outdated protocol
Goodbye 1100, hello 700.   Shocked
hero member
Activity: 1848
Merit: 640
*Brute force will solve any Bitcoin problem*
I love 4 digits.
Gentleman   Wink

i loved 3 digits a lot more because in my five year plan i could have bought a lot more as long as it stayed 3 digits but we all make sacrifices. Smiley


$1OOO support looks good ~ hopefully we see $1200 x $1500 as to reflect the street price in India ! :-D
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
I love 4 digits.
Gentleman   Wink

i loved 3 digits a lot more because in my five year plan i could have bought a lot more as long as it stayed 3 digits but we all make sacrifices. Smiley
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
You are just making up shit.. for what purpose?  
...
still, that is a kind of artificial creation that you seem to be making in order to spread a kind of FUD... ...  

Finally, I do understand ... but it still remains a bit of a silly point to me...

I understand your point, but What a silly one, no?   

I guess that I am saying your strategy and even your question is dumb ... because it is a dumb strategy...


you do not quite understand ... you are just asking to be a pain in the ass ... and also a bit stubborn


no one else constantly reacts like that to my posts. he definitely is a winner.

As I recall, you did not attempt to correct my assessment, to clarify in such a way to suggest that my tone was too harsh, or that I may not have backed up what i said, or something like that...

In other words, you seem to be getting emotional about silly and unimportant non substantive things, rather than attempting to address the actual substance of what I had been pointing out....
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
anyone else a bit baffled by this rally? seems to have just come out of nowhere Huh

It's not that baffling if you think about it in context.

I am not asserting that I know what the fuck is going on or what is going to happen, but the context remains somewhat understandable.

From late 2013 to mid 2015, we had a bear market (however, we likely did not realize that we had a bear market until about late 2014) - just like we did not realize that we were out of the bear market until about early 2016..and that we were in a bull market... so yeah, the bull market started in late 2015, and it brought us to $1139... with a correction down to $750... (almost 35% correction), and then we are in the midst of returning to potentially challenge the resistance at the ATH.. maybe we will get back there in a week or two, or it could take us a few months...

but the essence of this price movement is not really baffling... if you think about the context of it... Am I missing something?
sr. member
Activity: 308
Merit: 250
I love 4 digits.
Gentleman   Wink

dont think so... atleast not this year
5 digits incoming...


 Grin
legendary
Activity: 2310
Merit: 1422
Boring sideways as we speak I think the weekend madness is almost over. Give me another ride BTC  Grin
BTC-e finally capitulated above //^$1000 lol  Cheesy
$998.5 right now... they still don't get it over there but eventually they will  Wink
hero member
Activity: 1848
Merit: 640
*Brute force will solve any Bitcoin problem*
anyone else a bit baffled by this rally? seems to have just come out of nowhere Huh

Organic demand is the name of what you see. More and more people want to have at least one bitcoin. Many day traders are baffled because TA is useless in this environment.


^let's not forget the bipartisan caucus on bitcoin :-D ~ Trump's pick ?

https://mulvaney.house.gov/media-center/articles-op-eds/sc-republican-among-founders-congressional-bitcoin-caucus
legendary
Activity: 3431
Merit: 1233
anyone else a bit baffled by this rally? seems to have just come out of nowhere Huh

Organic demand is the name of what you see. More and more people want to have at least one bitcoin. Many day traders are baffled because TA is useless in this environment.
legendary
Activity: 2338
Merit: 2106
You are just making up shit.. for what purpose?  
...
still, that is a kind of artificial creation that you seem to be making in order to spread a kind of FUD... ...  

Finally, I do understand ... but it still remains a bit of a silly point to me...

I understand your point, but What a silly one, no?   

I guess that I am saying your strategy and even your question is dumb ... because it is a dumb strategy...


you do not quite understand ... you are just asking to be a pain in the ass ... and also a bit stubborn


no one else constantly reacts like that to my posts. he definitely is a winner.
hero member
Activity: 1848
Merit: 640
*Brute force will solve any Bitcoin problem*
anyone else a bit baffled by this rally? seems to have just come out of nowhere Huh


^not at all we are going to $2017!! :-D 


===> * 2MB = $2000
legendary
Activity: 1844
Merit: 1338
XXXVII Fnord is toast without bread
Fact:
Bears eat beets!






Battlestar Galactica
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