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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 10084. (Read 26729232 times)

legendary
Activity: 2828
Merit: 1497
Join the world-leading crypto sportsbook NOW!
legendary
Activity: 2800
Merit: 2736
Farewell LEO: o_e_l_e_o
I don't understand why people are sending bitcoins to genesis of bitcoin address? That's a whole 1 BTC has just lost if Satoshi is not around!
legendary
Activity: 2800
Merit: 2736
Farewell LEO: o_e_l_e_o
legendary
Activity: 2744
Merit: 1288
https://twitter.com/VentureCoinist/status/1146096422607106048

Jesse Powell, CEO of Kraken, about tether and bitcoin growth.

I hope it is true Smiley

He is by far most sane exchange owner.  He started by that he have no ideas about tether, but still he can see if same happens on Kraken then so silly to doubt in tether. But people will just keep pushing their book. A soon as they will sold BTC they will start FUDing about tether and hope price fall down.   In general is funny to see all this inflow of fiat into crypto, but price barely moves up or even go down. Although tether is keep getting printed and all other exchanges keep getting more and more fiat coming in. What will happen once tether will start to get liquidated and also other exchanges will have more withdrawals then deposits. What will happen with price then.
legendary
Activity: 2464
Merit: 1145
Uhm bottom is in with 9650?

4h and daily looks amazing  Grin

Looking good, we need a close above 11k on the daily

Yep my critical point is 11100.

Should give us a retest of 12400 if we close above.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
Shorts at a yearly low.  Last time they were this low was April-May 2018
Bummer, that's my contrary indicator. HODL



My big contrarian is Cnbc shilling.  Smiley

https://www.cnbc.com/video/2019/07/02/buy-this-bitcoin-dip-says-trader.html


Oh shit. Sad
legendary
Activity: 2002
Merit: 1040
Uhm bottom is in with 9650?

4h and daily looks amazing  Grin

Looking good, we need a close above 11k on the daily
copper member
Activity: 2898
Merit: 1465
Clueless!
I do not like the $600 candle, there is little volume.

Hot bed for manipulation at the moment. So many clueless day traders getting burnt I reckon.
Can you imagine being a Localbitcoins day trader in the current market -

‘Buy in the morning from an exchange’
‘Quick....list for sale on LBC for 5% above market value’
‘OH FUCKKKKK, the price has dumped $1,000’


Yep, the price went up too fast, killing any newbie HODL action, then on top of that, speculators now burnt also. Hard to get traction with newbies and adoption with this kinda stuff.

Maybe enough got burnt on this BTC runup that we got some HODL'ers out of this, but I doubt it. So unless other from 2017 newbies have bought in and have the sense to HODL now,

I think it just made the whole crypto scene look stupid and manipulated (which it probably is anyway) and just turned off a lot of folks who would have ridden the price up to 12k slowly.

I guess we need a sideways price to get some folk back. Again, Bitcoin price is still 2x the amount it was on 4/5/19 at $5050 USD. So there is hope. Bitcoin is an 'evil mistress' Sad

Brad

Frequently, you are such a negative nancy, searing.

Experienced bitcoiners realize that volatility is a part of bitcoin, and chances for actual meaningful or long lasting "stability" is mostly a fantasy, and not part of bitcoin's underlying situation - which happens to be at some early stage of an exponential s-curve adoption.

Newbies can dollar cost average or buy and hold for the long term.  They should also be capable to look at charts in order to recognize bitcoin for what it is - a volatile beast - without getting their hopes up higher than they need to be by investing an amount that does not cause them too much anxiety - and DCA should be able to help with that, too.


Well, you can't have the newbies slap'd down in mass on 40% corrections every time that bitcoin pumps. All it does is kick the ETF farther down the road and sets back adoption, IMHO.

Hardly negative to say that the FOMO is killing adoption as it pops up in such a manner. I realize it is how Bitcoin 'rolls' but still, hard to see how Bitcoin is this erratic is ever going to

get mainstream adoption. Just saying. Also, it is one thing for 'experienced bitcoin's" to know this, we learned this at like $100 BTC, damn hard to learn this lesson like we did when the

price of Bitcoin was low when the avenues are closing on accumulation. So you accumulate by buying, in this FOMO world of BTC, that is easier said than done!

IMHO
Now it is buying or not buy. This just complicates

the new adoption of Bitcoin and/or any crypto for that manner.

But again, not a chance in hell for the next year IMHO, of any ETF on the horizon. IF we had reached 12k in a more stable less FOMO manner, I'd say we would have had a good shot.

Now not so much. Along with with the above, every time 'newbies' get the traction they are 'creamed' by the volatility, well again, as I stated, perhaps those who did not HODL on the

last downturn, bought BTC on the FOMO ride up and learned enough to HODL now. I am a bit pessimistic that is a large number of returning folk to Bitcoin, however.

Yeah, perhaps you are right, but just saying this is a 'pattern' that has to change in some mannner someday or any larger scale adoption my not come to be, IMHO.

Brad

legendary
Activity: 2464
Merit: 1145
Uhm bottom is in with 9650?

4h and daily looks amazing  Grin
legendary
Activity: 2464
Merit: 1145
https://twitter.com/VentureCoinist/status/1146096422607106048

Jesse Powell, CEO of Kraken, about tether and bitcoin growth.

I hope it is true Smiley
hero member
Activity: 1358
Merit: 834
Why does the crypto world seem to be infested with more than its fair share of alt-right loons?

Could it be that the leftie-loons consider anybody normal an alt-right loon?

^This!

If “normal” is being an incel and celebrating Hitler’s birthday, then yes.  

- Your resident leftie loon

Is that what you think normal people do?
HairyMaclairy is a dweeb, the truth is that Bitcoin has a lot of people who are small government and want the people to be able to control their funds. That is a conservative and right wing view. Now why would you want crypto to succeed if you're a liberal and want government control in everything? It doesn't make sense.

and of course with a community so big now you'll get some crazies.

Do you agree that Trump should be elected president for life?
I actually don't see an issue with long-term presidencies as long as proper checks and balances are installed beforehand.

In fact, lots of political horseshit boils down to either lifelong leaders being able to do whatever they want (China) or short-term leaders having zero incentive to think long-term (Western democracies).

Rather than one "lifetime" election there should just be an option for re-election beyond a second term though. That might already be enough "checks and balances".

Although, with a population this short-sighted there probably still won't be sufficient incentive in thinking long-term, since people are clearly too incompetent to anticipate anything beyond a fat sow's jump.
legendary
Activity: 2828
Merit: 1497
Join the world-leading crypto sportsbook NOW!
This is why you always leave really low buy offers in on a few exchanges.  Flash crash was very real, anyone remember when ethereum flash crashed to 10 cents from 300 bucks?
I do remember when this happened to ethereum and was the first flash crash I had witnessed and never thought it would happen to bitcoin.
I remember the MtGox $0.0001 crash. Now that was some nice bottom fishing for the lucky few....
update
oh Shocked

But here we are looking at it being sold for less that $100. It being in canadian so it was about 30% less being lower then listed on the kraken exchange converted into usd.
So it was a fire sale at its most extreme case! Grin
hero member
Activity: 1358
Merit: 834
what's this DefaultTrust stuff all about? Huh

my default trust setting in cryptoverse is trust fucking no-one ... seen so many scams and well-intentioned fuck-ups to learn to stay well clear.
Trust me. Capitalism is bad. Also, send me all your money.
hero member
Activity: 1358
Merit: 834
Sheeit. Looks like we're going to be testing $10,5 within the hour. What a crappy way to start the week. El dumperino  Undecided
Ten fiddy? Stop teasing us like that.
legendary
Activity: 2296
Merit: 2271
BTC or BUST
Yep, the price went up too fast, killing any newbie HODL action, then on top of that, speculators now burnt also. Hard to get traction with newbies and adoption with this kinda stuff.

Maybe enough got burnt on this BTC runup that we got some HODL'ers out of this, but I doubt it. So unless other from 2017 newbies have bought in and have the sense to HODL now,

I think it just made the whole crypto scene look stupid and manipulated (which it probably is anyway) and just turned off a lot of folks who would have ridden the price up to 12k slowly.

I guess we need a sideways price to get some folk back. Again, Bitcoin price is still 2x the amount it was on 4/5/19 at $5050 USD. So there is hope. Bitcoin is an 'evil mistress' Sad

Brad



Bitcoin went up $10,000 and then down $3,000 so it overall gained $7,000.. Their were only 10 days out of 12 weeks in which you could have been "burnt" if you bought then, as in down just a little bit..

How is this a problem?

Personlly I don't feel bad for people that lose money trading because when I trade I know I'm taking someone elses coins..
If you trade to gain crypto you are taking the coins from somebody..
If you trade to gain $$s then you are leaching money out of the marketcap of whatever crypto you are trading..
hero member
Activity: 1358
Merit: 834
Why does the crypto world seem to be infested with more than its fair share of alt-right loons?

Could it be that the leftie-loons consider anybody normal an alt-right loon?

^This!

If “normal” is being an incel and celebrating Hitler’s birthday, then yes.  

- Your resident leftie loon
Weren't incels distributed pretty much identically across the political spectrum? Or are cucks a predominantly lefty thing?


By the way, am I the only one unimpressed with the weak roller-coaster? wen moon wen lambo
legendary
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
legendary
Activity: 2758
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BTC + Crossfit, living life.
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Bitcoin Bearish or Bullish? Here my thoughts: JUNE UPDATE


I just had to jumpstart MicG... Shocked Grin

I honestly was shocked with that boost at the time Cheesy
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