Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 12130. (Read 26610057 times)

legendary
Activity: 2716
Merit: 13505
BTC + Crossfit, living life.


This grey bearish orderblock is the key level
If price rejects the midrange (yellow line)
we go down
If price is able to break the yellow line and retests it as support we have a trend change and I will flip bullish
But I remain bearish until that happens
We have a lot of broken support that now acts as resistance
So a lot of buying pressure is needed
Blue line is the weekly open

legendary
Activity: 2422
Merit: 1191
Privacy Servers. Since 2009.
Second attempt to breach 3500
legendary
Activity: 3808
Merit: 7912
No offense but you guys are gonna spook it.  You realize that?

 Okay...



 Those bears sure look hungry!
legendary
Activity: 3374
Merit: 4738
diamond-handed zealot
Noice.

I don't know IF or for how long $3000 will hodl as a hard support but from now it hasn't even been properly tested. So, for the little amounts I trade nowadays (I am mostly ALL in), I will keep reloading near $3000 and selling the bounces. Rinse and repeat.

Rinse and repeat. Rinse and repeat...

This is where you give the pole small twitches to induce a strike...


What does that mean?

bite the hook and find out
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
No offense but you guys are gonna spook it.  You realize that?
legendary
Activity: 2422
Merit: 1191
Privacy Servers. Since 2009.
3500 here we come! Weee!
legendary
Activity: 3808
Merit: 7912
Noice.

I don't know IF or for how long $3000 will hodl as a hard support but from now it hasn't even been properly tested. So, for the little amounts I trade nowadays (I am mostly ALL in), I will keep reloading near $3000 and selling the bounces. Rinse and repeat.

Rinse and repeat. Rinse and repeat...

This is where you give the pole small twitches to induce a strike...


What does that mean?

 It means Toxic2040 is Huck Finn irl  Wink
legendary
Activity: 2422
Merit: 1191
Privacy Servers. Since 2009.
This time looks real? Any idea what happened? BAKKT effect?
legendary
Activity: 3808
Merit: 7912
Hey nerds, Bitcoin is pretty much dead. Because some teen crypto kiddie says so.

https://www.marketwatch.com/story/bitcoin-is-pretty-much-dead-says-teenage-crypto-phenom-2018-12-14?siteid=yhoof2&yptr=yahoo

I love how MarketWatch is now interviewing 13 year olds for their investing advice. Keeping it classy and professional there, MW? Mmm hmm. I've got a 7 year old niece they should interview next.


   I hate the way the story is sold where this kid buys Bitcoin with a $1000 gift from his grandma and it made him rich because... well it's not true.  This kid has intelligence and initiative; Bitcoin was the vehicle on his road to success.

An excerpt from http://nymag.com/intelligencer/2014/12/bitcoin-boy-erik-finman.html

"The Finman brothers are close and also extremely competitive with each other. When Scott, in early 2013, told Erik about the digital currency bitcoin, and said he’d bought 50 of them, Erik decided to spend the $1,000 he’d just received from his grandmother to buy a hundred...
...Ohanian was a fad. So they said no. Erik was undeterred. When he read that the price of a bitcoin had soared to $1,200, he decided to sell his for $100,000, and got his evening with Ohanian.
"

 What's even more odd is that other stories tell of Erik Finman as a 12 year old buying $1000 worth of Bitcoin in 2011

An excerpt from https://www.cnbc.com/2017/06/20/bitcoin-millionaire-erik-finman-says-going-to-college-isnt-worth-it.html

"Finman began investing in bitcoin in May 2011 at the age of 12, thanks to a $1,000 gift from his grandmother and a tip from his brother Scott."

An excerpt from https://www.neowin.net/news/a-12-year-old-kid-from-idaho-turned-a-1000-bitcoin-investment-into-a-million-dollars/

"Erik Finman, a teen from Idaho, has become one of the latest 'bitcoin millionaires' - someone who has a million dollars worth of bitcoins, following a $1,000 investment he made in 2011 when he was just 12 years old. When he placed the purchase, bitcoins were selling for just $12"

 Oh yeah I forgot about the bet he made with his parents about going to college... if you can believe the stories. He had a GPA of 2.1 (yeah right) - who gets into college with that kind of GPA other than top tier athletes and kids with rich alumni parents?  His story seems mostly contrived.




hero member
Activity: 1358
Merit: 834
LOL, I think he owes his grandma a VC fee. Kid is very cocky. Who knows, he may be right. But I wouldn't bet the farm on his words. Hope he took that $4mil and put a nice chunk into his college fund.

I have seen a lot early Bitcoiners do incredibly well.   Then they think they are investment geniuses and blow the lot on shit coins and end up with bags.
I bought a lottery ticket once and won the jackpot. I'm also opening a hedge fund next, 50% on-board and 50% success fee. First come first serve.
hero member
Activity: 1358
Merit: 834
Hey nerds, Bitcoin is pretty much dead. Because some teen crypto kiddie says so.

https://www.marketwatch.com/story/bitcoin-is-pretty-much-dead-says-teenage-crypto-phenom-2018-12-14?siteid=yhoof2&yptr=yahoo

I love how MarketWatch is now interviewing 13 year olds for their investing advice. Keeping it classy and professional there, MW? Mmm hmm

Yeah, it's over folks... But on the other hand we have BCH which "has great technology but the developers have done a bad job at marketing it".

I am kind of disappointed he forgot to mention XRP with its awesome features in his picks of the crypto-currencies with best chances of success.

LOL, I think he owes his grandma a VC fee. Kid is very cocky. Who knows, he may be right. But I wouldn't bet the farm on his words. Hope he took that $4mil and put a nice chunk into his college fund.
Come on, he's not like the nerds and knows how to play the system! He doesn't need college, he's already set! /s
legendary
Activity: 1891
Merit: 3096
All good things to those who wait
Is this the first sign of the coming crypto Spring/Summer? Is 2019 going to be like 2015, or even better like 2017? I hope we found the doble doble bottom:
legendary
Activity: 1834
Merit: 4197
Noice.

I don't know IF or for how long $3000 will hodl as a hard support but from now it hasn't even been properly tested. So, for the little amounts I trade nowadays (I am mostly ALL in), I will keep reloading near $3000 and selling the bounces. Rinse and repeat.

Rinse and repeat. Rinse and repeat...

This is where you give the pole small twitches to induce a strike...


What does that mean?

I dont know.  However, what I was implying is this appears to be a well orchestrated attempt to induce a fomo rally. I bought it..but I am not buying it...does that make sense? Finding solid support in this area and then continuing into the $4.2k+ range would start to convince me. This will probably be a exciting week for traders..dont get me wrong..but I am waiting for confirmation of my bias.
legendary
Activity: 3668
Merit: 6382
Looking for campaign manager? Contact icopress!
There were any news I've missed? Or just somebody has realized he was selling all these months when he should have been buying?  Shocked
I don't mind, but it's .. odd..
sr. member
Activity: 687
Merit: 301
LOL, I think he owes his grandma a VC fee. Kid is very cocky. Who knows, he may be right. But I wouldn't bet the farm on his words. Hope he took that $4mil and put a nice chunk into his college fund.

I have seen a lot early Bitcoiners do incredibly well. Then they think they are investment geniuses and blow the lot on shit coins and end up with bags.

This is exactly what I thought when I looked at the article and later on his instagram. I think it can happen to everyone, once you make a lot of money you are likely to become arrogant and full of yourself. I would lie if this did not effect me. I see this bearmarket as a humbling experience and a good time to reflect.
legendary
Activity: 1862
Merit: 1530
Self made HODLER ✓
Noice.

I don't know IF or for how long $3000 will hodl as a hard support but from now it hasn't even been properly tested. So, for the little amounts I trade nowadays (I am mostly ALL in), I will keep reloading near $3000 and selling the bounces. Rinse and repeat.

Rinse and repeat. Rinse and repeat...

This is where you give the pole small twitches to induce a strike...


What does that mean?
legendary
Activity: 2744
Merit: 1288
Did you want some more doom charts that show contrary to people's claims, bitcoin may have already ramped up about as high as it will go, and if it does ramp up again, it would be nowhere near the idiotic numbers people claim?

Agree it might not pump to the idiotic numbers people claim in 2021. But it will pump way over the idiotic numbers people claim in 2025.
legendary
Activity: 1834
Merit: 4197
Noice.

I don't know IF or for how long $3000 will hodl as a hard support but from now it hasn't even been properly tested. So, for the little amounts I trade nowadays (I am mostly ALL in), I will keep reloading near $3000 and selling the bounces. Rinse and repeat.

Rinse and repeat. Rinse and repeat...

This is where you give the pole small twitches to induce a strike..

------------
Good morning hodlers.

Soft technical bounce upwards towards the 0.236 fib. Indications of a continuation of this "correction" will pierce this resistance area and look for support in the $3.45k area.
1h                                     D
   

legendary
Activity: 1862
Merit: 1530
Self made HODLER ✓
Looks like it wants to make another leg up.
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
LOL, I think he owes his grandma a VC fee. Kid is very cocky. Who knows, he may be right. But I wouldn't bet the farm on his words. Hope he took that $4mil and put a nice chunk into his college fund.

I have seen a lot early Bitcoiners do incredibly well.   Then they think they are investment geniuses and blow the lot on shit coins and end up with bags.
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