Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 13696.

jadenunderhill

full member

Activity: 293

Merit: 109

Quote from: rolling on June 09, 2018, 07:57:42 PM

Quote from: jadenunderhill on June 09, 2018, 07:52:12 PM

Quote from: nikauforest on June 09, 2018, 07:46:18 PM

I hate to be a bear...I think we have a good chance of hitting 4900 -5200 in July to August. Hopefully that would form a bottom. Again it is anyone's guess.

real botom is 2-2.5. Even this forum "oracle" masterluc predicted that before. The sad thing is that this level can be for a long (2-3 years) period. Sad but true.

Hey, if there is someone left dumb enough to sell at that price, then we need to get there and get those coins bought so we can launch. I know mine aren't for sale until we are over 100k. That could take a few years but if someone wants to sell theirs for 2-2.5, then lets get there!

Why not? If they bought them for $100-500.

yefi

legendary

Activity: 2842

Merit: 1511

Quote from: luckygenough56 on June 09, 2018, 07:57:09 PM

there we go road to 3000, the path is open lol

The probability that you win micgoossens' bet is increasing, but don't get too cocky yet Tongue

rolling

hero member

Activity: 824

Merit: 712

Quote from: jadenunderhill on June 09, 2018, 07:52:12 PM

Quote from: nikauforest on June 09, 2018, 07:46:18 PM

I hate to be a bear...I think we have a good chance of hitting 4900 -5200 in July to August. Hopefully that would form a bottom. Again it is anyone's guess.

real botom is 2-2.5. Even this forum "oracle" masterluc predicted that before. The sad thing is that this level can be for a long (2-3 years) period. Sad but true.

Hey, if there is someone left dumb enough to sell at that price, then we need to get there and get those coins bought so we can launch. I know mine aren't for sale until we are over 100k. That could take a few years but if someone wants to sell theirs for 2-2.5, then lets get there!

luckygenough56

legendary

Activity: 1526

Merit: 1012

there we go road to 3000, the path is open lol

jadenunderhill

full member

Activity: 293

Merit: 109

Quote from: nikauforest on June 09, 2018, 07:46:18 PM

I hate to be a bear...I think we have a good chance of hitting 4900 -5200 in July to August. Hopefully that would form a bottom. Again it is anyone's guess.

real botom is 2-2.5. Even this forum "oracle" masterluc predicted that before. The sad thing is that this level can be for a long (2-3 years) period. Sad but true.

nikauforest

full member

Activity: 298

Merit: 149

I hate to be a bear...I think we have a good chance of hitting 4900 -5200 in July to August. Hopefully that would form a bottom. Again it is anyone's guess.

BTCHadzija

full member

Activity: 238

Merit: 113

Quote from: BTCHadzija on June 09, 2018, 10:13:54 AM

what do you guys think which way this ascending triangle is going to break? upwards movement would pave the way to at least 9000

Well, I got my answer

by monday at last we'll have btc at 7100, maybe even earlier and maybe even lower

protect your funds, friends

smartcomet

full member

Activity: 242

Merit: 101

Quote from: infofront on June 08, 2018, 11:09:02 PM

Next time someone tells you Bitcoin mining wastes too much energy, show them this:

https://twitter.com/KryptykHex/status/1005079233075515393

https://twitter.com/ArminVanBitcoin/status/1005085081046736896

Quote

Here's an updated comparison of global energy consumption.

Banking: > $1,870B
Bitcoin: ~$3.5B

Bitcoin Energy Consumption Index
https://digiconomist.net/bitcoin-energy-consumption

bones261

legendary

Activity: 1806

Merit: 1828

Perhaps this is a good excuse to have a relapse. Cheesy

infofront

legendary

Activity: 2660

Merit: 2868

Shitcoin Minimalist

CFTC Comissioner Behnam:

Quote

Let me repeat that: these currencies are not going away and they will proliferate to every economy and every part of the planet. Some places, small economies, may become dependent on virtual assets for survival. And, these currencies will be outside traditional monetary intermediaries, like government, banks, investors, ministries, or international organizations.

We are witnessing a technological revolution. Perhaps we are witnessing a modern miracle.

ivomm

legendary

Activity: 1891

Merit: 3096

All good things to those who wait

^^^
Here we go again. Sooner or later SEC will give up Grin

https://www.bloomberg.com/news/articles/2018-06-06/bitcoin-etf-dreams-kept-alive-with-new-solidx-vaneck-sec-filing

El duderino_

legendary

Activity: 2744

Merit: 13647

BTC + Crossfit, living life.

Quote from: Paashaas on June 09, 2018, 11:35:07 AM

4rt3m

full member

Activity: 770

Merit: 146

I love this game.

Toxic2040

legendary

Activity: 1834

Merit: 4197

Quote from: FractalUniverse on June 09, 2018, 02:40:56 PM

im just trying to read from tea leaves. But i dont think this line will give way from here with this no volume market. I see it more likely that [if it should break down at all] it will bump or creep up slowly much higher first, and then come straight down with force-without sitting close to trendline for days.

You have tea leaves?? Shocked

Hella more than I was offered thats for sure. Use what you got.
I do believe $7kish was our bottom. I also believe it might be retested late summer at some point..but I doubt this week.
-----------

I am observing the little bastard closely..that squirrel looks like he's ready to bolt..but who knows which way. Up is looking likely to test resistance at $7.95k, support appears firm at $7.575k.
He is definitely taking a long hard look that is for sure. The trailing indicator is about to slam into the wall soon..have to see if it bends upwards or plows straight through. Do we continue to hover until the daily close for a possible doji?
Stay tuned..

#dyor #stronghands #cryptouplift #btfd

FractalUniverse

hero member

Activity: 1034

Merit: 558

Quote from: Toxic2040 on June 09, 2018, 10:17:20 AM

...
Guess it depends where you draw the lines at..it looks bearish to me..upwards rising pennant. I put the "top" line in a funny area so it looks almost bullish I suppose.. Meh..there are no flags(spoons)..remember? Wink

im just trying to read from tea leaves. But i dont think this line will give way from here with this no volume market. I see it more likely that [if it should break down at all] it will bump or creep up slowly much higher first, and then come straight down with force-without sitting close to trendline for days.

Ludwig Von

sr. member

Activity: 854

Merit: 307

Quote from: Torque on June 09, 2018, 12:40:29 PM

Many people think that Bitcoin's price action is just pure speculation and completely disconnected from other markets, like equities, commodities, hedge markets, PMs, etc.

But if you ascribe to the notion that :

a) Bitcoin could be a safe haven hedge like PMs, and that
b) the equities market is topping and looks really strained/risky, along with
c) what is happening to the emerging markets, hyperinflation countries, and with
d) Central Banks insolvencies, the Deutsche Bank downgrade, etc.

Well then.... the Bitcoin price action over the last 2 years makes perfect sense in that context.

And soon it will make more sense... .

infofront

legendary

Activity: 2660

Merit: 2868

Shitcoin Minimalist

Quote from: bluebits on June 09, 2018, 11:01:26 AM

Stop me before troll side pulls me in. Someone! please trash my trading approach here/

Okay. It looks like you're trying to trade tops and bottoms, but you can't call tops and bottoms until far after the fact.

4rt3m

full member

Activity: 770

Merit: 146

Quote from: Phil_S

It's pretty amazing to see a banker who experimented with bitcoin that early, when the price was ~$0,38/BTC.

More interesting that’s it’s not a regular banker, he’s a CEO of the biggest Russian government-affiliated Sberbank.

Torque

legendary

Activity: 3794

Merit: 5474

Many people think that Bitcoin's price action is just pure speculation and completely disconnected from other markets, like equities, commodities, hedge markets, PMs, etc.

But if you ascribe to the notion that :

a) Bitcoin could be a safe haven hedge like PMs, and that
b) the equities market is topping and looks really strained/risky, along with
c) what is happening to the emerging markets, hyperinflation countries, and with
d) Central Banks insolvencies, the Deutsche Bank downgrade, etc.

Well then.... the Bitcoin price action over the last 2 years makes perfect sense in that context.

4rt3m

full member

Activity: 770

Merit: 146

Quote from: gembitz on June 09, 2018, 10:20:22 AM

BITCOIN NOT BLOCK-CHAIN GET IT RIGHT!!! =) WEEEEEEEEE

I know, I know, but he was talking about crypto currency and as Phil_S spotted, had experience to exchange Bitcoins as very early-adopter. Actually I think that officials use ‘blockchain’ word as euphemism to Bitcoin in most cases.

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