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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 14020. (Read 26735446 times)

legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
I'm gettin' that funny feeling in muh pantaloons again...


EDIT: Later



Can you explain what those mean or provide some kind of link that provides an explanation?


In the largest one, does it mean that when the BTC price on BitMex went above $9,810.50, there were a number of short contracts that were forced to close at that price and that between all of those contracts amounted to $4,681,703 which caused a buying of BTC in the equivalent dollar amount of $4,681,703 in order to cover the contracts that were force closed?  or is there a better (more accurate) way to explain what happened?
full member
Activity: 672
Merit: 158
Popkitty.io - Blockchain Social Media
In 2 Weeks from now, the daily MA 50 Would be @ around 10.500$.

From the starting of this pump, from 6700$, the daily MA 50 Was the real support.

So for the coming 2 Weeks from now, bitcoin gonna do those 2 Steps:



1/ crossing 10K to go around 10.600$ then the support would be the daily EMA 20 @10.000$.

From there, you never ever in your life gonna saw bitcoin @ 4digits unless a big disasters happend.

Then bitcoin gonna zigzag between 10.100$ and 10.500$ for 1 Week max.



2/ Crossing 11.000$ in the second week and go around 11.300$.

Then the new support would be the  daily MA50 @ Around 10.700$.


Thats my prediction.


You should be looking at the daily 200 MA instead which has been resistance since bitcoin had a Death Cross on Mar 29. A Death Cross is the daily 50 MA crossing below the 200 MA and technical analysts consider it confirmation of a bear market. Once in a while there is a false Death Cross that fakes out the traders but for the bull market to resume price first has to break through the 200 MA on volume and the 50 MA must cross back above the 200 MA and rather soon I think.



Yes you are right.

I look at the 200 MA too, and like you said in less than 1 month from now we gare going to have the confirmation of the bull market then the real consolidation gonna happend and from here: booooooom 20K 30K 40K 50K... with zigzags and consolidations between them of course.

For this analys, it was about the small pumps, for the MA 200 thats gonna be the confirmation for the big pumps.
full member
Activity: 266
Merit: 222
Deb Rah Von Doom
Actually, it's tough to criticize you for those kinds of bear prognostications, and even if the prognostications are less strong than they were previously.  In any event, tera beara, it seems smart and prudent for anyone attempting to predict BTC price movements to modify their position based on changes in circumstances rather than sticking to an outlined set of waves that do not seem to be working out.

I dont need to modify my position. I already have more than enough coins for the long run. I could have more coins but no way am I going to go through wiring money back to an exchange and jeapordizing my situation of not having to worry about employment (which was always my endgame and I dont need to be greedy).
legendary
Activity: 1806
Merit: 1164
In 2 Weeks from now, the daily MA 50 Would be @ around 10.500$.

From the starting of this pump, from 6700$, the daily MA 50 Was the real support.

So for the coming 2 Weeks from now, bitcoin gonna do those 2 Steps:



1/ crossing 10K to go around 10.600$ then the support would be the daily EMA 20 @10.000$.

From there, you never ever in your life gonna saw bitcoin @ 4digits unless a big disasters happend.

Then bitcoin gonna zigzag between 10.100$ and 10.500$ for 1 Week max.



2/ Crossing 11.000$ in the second week and go around 11.300$.

Then the new support would be the  daily MA50 @ Around 10.700$.


Thats my prediction.


You should be looking at the daily 200 MA instead which has been resistance since bitcoin had a Death Cross on Mar 29. A Death Cross is the daily 50 MA crossing below the 200 MA and technical analysts consider it confirmation of a bear market. Once in a while there is a false Death Cross that fakes out the traders but for the bull market to resume price first has to break through the 200 MA on volume and the 50 MA must cross back above the 200 MA and rather soon I think.

full member
Activity: 672
Merit: 158
Popkitty.io - Blockchain Social Media
In 2 Weeks from now, the daily MA 50 Would be @ around 10.500$.

From the starting of this pump, from 6700$, the daily MA 50 Was the real support.

So for the coming 2 Weeks from now, bitcoin gonna do those 2 Steps:



1/ crossing 10K to go around 10.600$ then the support would be the daily EMA 20 @10.000$.

From there, you never ever in your life gonna saw bitcoin @ 4digits unless a big disasters happend.

Then bitcoin gonna zigzag between 10.100$ and 10.500$ for 1 Week max.



2/ Crossing 11.000$ in the second week and go around 11.300$.

Then the new support would be the  daily MA50 @ Around 10.700$.


Thats my prediction.





But...vegeta...  Cry

Sorry, dont understand what you means.

I Never started watching dragon bull, one piece is my fav manga.
legendary
Activity: 3808
Merit: 7912


 I call this one "All in"




edit: making it fit on screen better
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
In 2 Weeks from now, the daily MA 50 Would be @ around 10.500$.

From the starting of this pump, from 6700$, the daily MA 50 Was the real support.

So for the coming 2 Weeks from now, bitcoin gonna do those 2 Steps:



1/ crossing 10K to go around 10.600$ then the support would be the daily EMA 20 @10.000$.

From there, you never ever in your life gonna saw bitcoin @ 4digits unless a big disasters happend.

Then bitcoin gonna zigzag between 10.100$ and 10.500$ for 1 Week max.



2/ Crossing 11.000$ in the second week and go around 11.300$.

Then the new support would be the  daily MA50 @ Around 10.700$.


Thats my prediction.





But...vegeta...  Cry
full member
Activity: 672
Merit: 158
Popkitty.io - Blockchain Social Media
In 2 Weeks from now, the daily MA 50 Would be @ around 10.500$.

From the starting of this pump, from 6700$, the daily MA 50 Was the real support.

So for the coming 2 Weeks from now, bitcoin gonna do those 2 Steps:



1/ crossing 10K to go around 10.600$ then the support would be the daily EMA 20 @10.000$.

From there, you never ever in your life gonna saw bitcoin @ 4digits unless a big disasters happend.

Then bitcoin gonna zigzag between 10.100$ and 10.500$ for 1 Week max.



2/ Crossing 11.000$ in the second week and go around 11.300$.

Then the new support would be the  daily MA50 @ Around 10.700$.


Thats my prediction.

legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
There's still like some % chance of that huge crash from 11-13k down to new bottoms, no?
Or even straight down from here.
Maybe tera means all the off topic.

Remember a couple of months ago, Tera was so famous, even in the WO thread because she was being asked about how she saw the bear market playing out.  For some reason, people tend to give credit to her having some kind of insight merely because the correction came, and her (finally) bear scenario, kind of played out.

It should have been deemed as a normal correction, yet for some reason she was considered as being "correct" because her repetitive and ongoing sky is falling call, finally seemed to have been playing out (at least temporarily).  

Regarding, her actual prediction, the latest that I recall was that she was expecting a bounce back up into the $11 to $13k territory, as you suggest, before the "real bull correction" starts... and in sum, her proclamations remain kind of nostradumus in that she is constantly leaving some realistic wiggle room for upwards movement, yet the overall essence continues to be expectations of down (which overall continue to be WRONG... because we are UP from in the $9k territory from our $1k territory of a year ago.. that is 9x, and a pretty decent bull market that has decent chances of continuing (even if our current correction might not be over, yet).  

So, in sum, even if you are a bear, don't be putting all your eggs into the downward scenario and get reckt if BTC prices move against you.. and even if there are a large number of traditional financial analyzers out there who are trying to peg bitcoin into some kind of traditional asset class when it is a non-correlated paradigm shifting asset - including attempting to compare it to various lame shitcoin projects (including some of the dear childs of ETH and Bcash) that are snake oils imitations that are hanging onto BTC's coattails, rather than being innovations in and of themselves.


There's still like some % chance of that huge crash from 11-13k down to new bottoms, no?
Or even straight down from here.
Maybe tera means all the off topic.
Probably a 50% chance we crash from 11-13K, a 25% chance we crash right now, and a 25% chance it passes 13K.

Actually, it's tough to criticize you for those kinds of bear prognostications, and even if the prognostications are less strong than they were previously.  In any event, tera beara, it seems smart and prudent for anyone attempting to predict BTC price movements to modify their position based on changes in circumstances rather than sticking to an outlined set of waves that do not seem to be working out.
legendary
Activity: 3822
Merit: 5504

I guess. If you want to hold paper gold rather than gold. I wouldn't touch it with any pole.

And their claim of 'first crypto-to-gold' exchange falls flat. Perhaps twice. If not only for the fact that you're buying not gold, but rather a gold IOU, but how long have they been operating really? There have been several actual metals vendors operating since years.

They have been operating since 2013. They're legit.

Paper gold isn't for hodling anyway. It's for speculating.

You can actually take possession of your gold if you want it. They will ship it to you anywhere in the world.
legendary
Activity: 1722
Merit: 1217

I guess. If you want to hold paper gold rather than gold. I wouldn't touch it with any pole.

And their claim of 'first crypto-to-gold' exchange falls flat. Perhaps twice. If not only for the fact that you're buying not gold, but rather a gold IOU, but how long have they been operating really? There have been several actual metals vendors operating since years.

They have been operating since 2013. They're legit.

Paper gold isn't for hodling anyway. It's for speculating.
legendary
Activity: 3822
Merit: 5504

I guess. If you want to hold paper gold rather than gold. I wouldn't touch it with any pole.

And their claim of 'first crypto-to-gold' exchange falls flat. Perhaps twice. If not only for the fact that you're buying not gold, but rather a gold IOU, but how long have they been operating really? There have been several actual metals vendors operating since years.

They have been operating since 2013. They're legit.
legendary
Activity: 3080
Merit: 1688
lose: unfind ... loose: untight

I guess. If you want to hold paper gold rather than gold. I wouldn't touch it with any pole.

And their claim of 'first crypto-to-gold' exchange falls flat. Perhaps twice. If not only for the fact that you're buying not gold, but rather a gold IOU, but how long have they been operating really? There have been several actual metals vendors operating since years.
legendary
Activity: 3080
Merit: 1688
lose: unfind ... loose: untight
legendary
Activity: 1722
Merit: 1217
here we go
I just checked the price like a few minutes ago and I'm already behind the times?
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
legendary
Activity: 3080
Merit: 1688
lose: unfind ... loose: untight
newbie
Activity: 27
Merit: 0
"First they ignore you, then they laugh at you, then they fight you, then you win.
Anyone in a fighting mood?
https://www.nytimes.com/2018/05/04/upshot/should-the-fed-create-fedcoin-to-rival-bitcoin-a-former-top-official-says-maybe.html

“Congress gave the Fed a monopoly over money,” Mr. Warsh said. “

Which was fraudulent and in violation of the US Constitution

ok, perhaps. but it's been accepted as normal, allowed, and legal for... what, something like 100 years now? what, precisely, do you expect to be done about it? to remove the fed's power is nigh impossible. it would likely require literal war and revolution to bring down the government as we know it and build something new, or at least closer to the original constitution if that's the goal.

i say the same thing to any theory - like faked moon landings or flat earth or less insane ones like this Fed thing. ok, so maybe you're right. what's your point? what do you want to be DONE about it, and what will that change? are you going to do it? do you think you can actually effect change at all?
Many folks, myself included, are fascinated by bitcoin because a belief that it can take down the Fed and the other central banks.  The concept of bitcoin is very powerful.

Maybe 10,000 us$ by the end of the weekend?

...well, ok, yea. that's... very true. i... er... right, shutting up.

am a bit drunk to respond fairly to this convo, but you both have valid points and shouldn't back off. Bitcoin itself will do a lot of the heavy lifting in ending the Fed and creating an honest society. But it also us - what are we doing to those ends? holding, running nodes, mining, building infrastructure? keeping the USG out (cf scams like eth/bcash/intel/google)?

personally, all i can do is run a node at the moment. which, come to think of it, might not even be a full node - i think i need to open a port of the router or such... but i enjoy mining and hodling. just no money to get decent gear, and my 100 gh's isn't exactly worth running these days. i used to dream about having a big farm, but i've had a rather rough decade, financially, so it hasn't happened. might finally have a decent job though, so who knows.
sure man i read about some of your heyday early group buy, but you can still educate people after the day job and you can maybe put some $ aside into btc each month. you need a bit of money for a full node for the uphill b/w, but hey we all do what we can do


So it is a consensus then? Everyone believes that Bitcoin is a tool against the owners? This is exactly wrong and if you have minimally studied Bitcoin you know it is wrong.

Are all of you so drunken on unearned profits that you cannot see how Bitcoin is made by them running on the machines they have developed from scratch? We are users and pushers, not the creator.

You would not believe an entrepreneur is a legislator but you believe anyone doing work that is descendent from Bitcoin is actually writing the laws which the sovereign will adopt? I am sure you do not believe it. Let me put it more succinctly.

Bitcoin is the Fed 2.0. Got that?

One more time.

Bitcoin is the Fed 2.0.

Beware of the paradise which you seek to create. It is a stronger hell than the hell you seek to escape.
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