Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 12654. (Read 26712874 times)

Merit drop complete and paid.

The markets just do what they do. Over the years, I've come to look at news stories and recent events as excuses more than causes.

Yea that’s hilarious, good eye Kylapoiss! I didn’t spend much time looking after I found this

https://twitter.com/brennasparksxxx...

Edit: Awesome, thanks for the merit 

someone just tried to break 5k on bitfinex.. 1172 BTC dump volume in one minute
not happened on bitstamp

Ok, this thread needs a pick-me-up.

You know what time it is don’t you?

You know the drill. That’s right, Next three posts for 20.

Google translate fails on this one giving "afterwards you look a cow in his ass" instead of “after it is easier to look the cow in the ass!” in regards to hindsight. Good expression took me awhile to figure it out.


Ha, that is funny. they don't need any help in fucking things up!


One of my favorite games, this was a good game.




Well shit the day is getting away from me and I gotta split in a few hours so maybe catch up later.

I believe BCH was the main catalyst at least. But by no means the only factor.

1.  We have all known we have to see some pretty bad blood in the street before this market cycle is over.  This is some of it.  I just only wish this was the big one.  It's not.

2.  Many people in the media, and many sheep actually BELIEVE CSW is Satoshi, or "part of Satoshi".  That level of uncertainty is powerful.  When he starts proclaiming that BTC is doomed and he is going back to *his(lol)* old design with BSV then these "believers" will dance to his music, run for the hills, or just hedge. This equals selling pressure.

3. He has either fooled Calvin A. or they are colluding in deception.  I believe it is the first.  And I imagine Calvin has been selling on the exchanges at market.  Bitcoin is thinly traded.  It did not take much pressure to drop it.  Meanwhile actual smart people are buying OTC and they LOVE EVERY SECOND OF THIS.  Don't tell me Bakkt and Fidelity are going into the next year with no war chest?  No inventory?  Not to mention the REAL whale speculators who are most certainly eating up coins off the radar like a buffet in Las Vegas.

4.  The stock market. And all world financial markets.  Need I say more?  Shit... I will say more.  This is a sheep in wolves clothing.  Even though the markets are bailing to cash, and Bitcoin has joined them, in the end BTC will get some of the cash that is pouring out of the Stock Market.  ESPECIALLY with BTC on sale.  There are some smart folks out there who are seeing now what we have been seeing for years.

5.  ^^^ALL OF THE ABOVE^^^ is happening at the end of a GINOURMOUS descending triangle on the BTC charts at the very tip of a deciding point.  Coincidence?  I dunno... I'll leave the conspiracies to people more connected than me.


My conclusion and prediction:

- This is not the bottom.
- We are not terribly far from the bottom though...  (10% - 30% more drop IMO)
- Sentiment is nasty, but still people in here, on twitter, and reddit are waving pom-poms and chanting "Capitulation!"  Not a good sign.

I have no idea how this unwinds.  But that won't stop me from speculating.

A.  One very possible way is for it to drop so hard we really get some old crusty holders to sell... and then it jolts back up from pressure from some new whales who have been waiting exactly for that moment for a long time.  Add to that the short squeeze, and then we may actually HAVE capitulated.

B.  The other likely scenario is we go into a year long scooping trough.  Kind of like the prolonged bottom of the 2014 cycle.

I give A/B chances at 65/35 for fundamental reasons.  This is not 2014.  A lot of smart rich people have figured out exactly what bitcoin is this time around.

(Dear Lord... I feel like I turned into JJG)

Time to write some best-sellers about bitcoin(history), in order to maintain income... .  

should be some huge pump
chance to buy bitcoin !!!!!!
Companies & bank!!!!

https://1ml.com/

https://bitcoinvisuals.com/lightning

Sorry but to be honest ..... i truely hope they not be filled....
If they do, Nice played SIR

But i hope my first line

Of course this will end in a massive cup & handle.



New ATH in 2019.

$50k - $100k in 2020.

Doom will return in 2021 ore Jim Drapper's $250k prediction..... is also very fine with me 

Links please.

I got some buy orders @3k

https://www.youtube.com/watch?v=7YFwWi5Bc0c
This half-minute video is the most bullish news ... ever.

bitcoin is now a part of history books weeeee

I haven't actually laughed out loud on this forum in a while. That was bluddy hilarious. Wife's boyfriend. Nice!

Just got back from a day at the hospital. Damn...
I'll hodl as long as it takes, but damn