Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 14667. (Read 26607811 times)

legendary
Activity: 3780
Merit: 5429
As crazy bad as this selloff/correction appears, we are still up 7X from Jan 2017.

Which still crushes a lot of equities' performance in 2017 by a country mile.

this is a more sound ICO idea than most of what I have seen so far. what is the most absurd ICO you have seen?

https://deeznuts.in/
legendary
Activity: 2338
Merit: 2106
I will merit someone for anyone for .01 BTC per Merit.

Get in while the price is low. ICO. Cheap Merits.


this is a more sound ICO idea than most of what I have seen so far. what is the most absurd ICO you have seen?

i have seen one that sells you tokens and in a few years you are allowed to purchase artificial ivory for your token. imagine what you could do with artificial ivory in 2022! too bad I missed that ICO.  Cry
legendary
Activity: 2604
Merit: 1748

Correct me if I'm wrong, but the problem is that historically a Bitcoin downturn has never failed to fall below the 200 MA eventually at some point and stay there for a while.  Undecided

Wasn't it breached late last night?  200 MA appeared to be around $6,050 and we dropped to around $5,600

Not for a terribly long time, but it was breached


what are your numbers based on? Polo shows 6012 low on 24hr chart.

Sorry, my bad -- I thought it dropped to $5,600 last night on GDAX (the exchange I use primarily) but it looks like it only got as low as $5,913 --------- still a decent amount under $6,050

If Polo got as far as $6,012 I think this all tells the same story -- $6,000 or thereabouts should be considered the resistance point, and hopefully we don't test it again.......


Polo doesn't trade USD /BTC, better reference an exchange that does, maybe? Polo is usually a little higher than (say) Bitstamp - which I personally prefer, and Finex arbs with Stamp, too, usually linking prices between them (roughly)
sr. member
Activity: 443
Merit: 260
So ...

I think I will wait until 9k/10k to buy more BTC.

I am just not sure if we bounced up for good or if this just a small pump before going all the way down to "I don't know" ...

But if BTC hits 9k/10k again I feel it really will move up again. (And yes I will bite myself for not buying at 6,5k Cheesy)
legendary
Activity: 1834
Merit: 1520
Thanks America, the only talk of yours that made me smile in my lifetime! Smiley

Get ready for next bullish race. I don't know why, but I think China will soon relax some stuff for crypto too shortly in a few days.
member
Activity: 85
Merit: 13

Correct me if I'm wrong, but the problem is that historically a Bitcoin downturn has never failed to fall below the 200 MA eventually at some point and stay there for a while.  Undecided

Wasn't it breached late last night?  200 MA appeared to be around $6,050 and we dropped to around $5,600

Not for a terribly long time, but it was breached


what are your numbers based on? Polo shows 6012 low on 24hr chart.

Sorry, my bad -- I thought it dropped to $5,600 last night on GDAX (the exchange I use primarily) but it looks like it only got as low as $5,913 --------- still a decent amount under $6,050

If Polo got as far as $6,012 I think this all tells the same story -- $6,000 or thereabouts should be considered the resistance point, and hopefully we don't test it again.......
newbie
Activity: 53
Merit: 0

1. Goto here: https://www.c-span.org/video/?c4713250/cryptocurrency

2. Move the slider to 01:20:30

Listen to what the chairman of the CFTC says about Bitcoin/blockchain tech.

Amazing !



Sounds like the keynisian-utopia/dystopia
legendary
Activity: 3892
Merit: 4331

Correct me if I'm wrong, but the problem is that historically a Bitcoin downturn has never failed to fall below the 200 MA eventually at some point and stay there for a while.  Undecided

Wasn't it breached late last night?  200 MA appeared to be around $6,050 and we dropped to around $5,600

Not for a terribly long time, but it was breached


What are your numbers based on? Polo shows 6012 low on 24hr chart.
Besides, moving below for a short time on itself does not indicate bear.
See in that guy video of S&P500 and Brexit. It even closed below 200 SMA, then popped right back.
It only clear way afterwards, so both scenarios (a bull and a bear) are still possible.
For bull to have a chance, we would have to move above 100 EMA and fast.
legendary
Activity: 2170
Merit: 1094
I am unsure about my cash flow rate in sMerit, so for now I am behaving like a cheapskate and only sending in 1 at a time, my apologies to all who deserved more. Roll Eyes
Once I'll understand how the cash flow in sMerit behaves, I promise to send more to those who deserve it. Wink
legendary
Activity: 3892
Merit: 4331
I find Mike Novogratz to be a fairly reliable contrarian indicator.


Yeah, but only when he talks. He didn't talk when he first bought eth at $2.
Maybe it is because traders like to throw other traders off (to do the opposite of what they intend to do)?
member
Activity: 85
Merit: 13

Correct me if I'm wrong, but the problem is that historically a Bitcoin downturn has never failed to fall below the 200 MA eventually at some point and stay there for a while.  Undecided

Wasn't it breached late last night?  200 MA appeared to be around $6,050 and we dropped to around $5,600

Not for a terribly long time, but it was breached
member
Activity: 85
Merit: 13

Great article/video, thank you for sharing.  This helped me a LOT in fashioning my future buy/sell strategies (mostly buy)

legendary
Activity: 3780
Merit: 5429
I find Mike Novogratz to be a fairly reliable contrarian indicator.

Every time he comes trotting out on MSM and says "I can see Bitcoin at [XXX] by the end of the year!" then you know the top is in soon.  Roll Eyes

Happened in Nov/Dec 2013 as well.

I will merit someone for anyone for .01 BTC per Merit.

Get in while the price is low. ICO. Cheap Merits.

Let's start a WO sMerit ICO. We can trade it on Bithumb. I'm sure the SEC would love that.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
btw....we're up 1.5% for the day!

rocketrains.gif
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
I will merit someone for anyone for .01 BTC per Merit.

Get in while the price is low. ICO. Cheap Merits.
legendary
Activity: 2184
Merit: 1213
I have no idea of the source but this is doing the rounds of social media.

Its more for optimistic amusement than something with any know basis in fact.




**edit found the source
https://ambcrypto.com/deeper-investigation-bitcoin-ethereum-markets-falling/

After the crash I also realized there was huge media manipulation going on. As the price was heading to 19k, we had only bullish news. J.P. Morgan got interested in BTC (now says its scam again) the owner of PayPal invested a couple millions, every average joe analyst on TV and newspaper told that BTC is a good investmend and could go to 100k. And a lot of other positive news about BTC came up. Then, after the crash started, FUD FUD FUD all day. And still going on.
legendary
Activity: 3780
Merit: 5429
I wanted to merit this post, but find myself on my last sMerit. So now I'm forced to HODL my last sMerit.

I feel like Zoidberg going on a sandwich-heavy portfolio, by blowing my load on people when the Merit system first rolled out.

Figured it would regenerate with time. Nope.

I just gave you 2 more.  Wink
legendary
Activity: 3780
Merit: 5429

Correct me if I'm wrong, but the problem is that historically a Bitcoin downturn has never failed to fall below the 200 MA eventually at some point and stay there for a while.  Undecided
legendary
Activity: 2338
Merit: 1130
Sorry for OT, but how can I vote the Poll at the top of the page? Thank You

AFAIK Newbies cannot vote, one has to be at least Jr. Member for this.

Right, you'll have to share your prediction openly so everyone can laugh at you.   Wink
legendary
Activity: 1232
Merit: 1005
Not surprised you have no merits. Dammit, why can't I demerit you??

On a serious note, I think this whole sMerit system needs a re-thinking.

I wanted to merit this post, but find myself on my last sMerit. So now I'm forced to HODL my last sMerit.

I feel like Zoidberg going on a sandwich-heavy portfolio, by blowing my load on people when the Merit system first rolled out.

Figured it would regenerate with time. Nope.

@Theymos, can has bonus points for the bantz, pls ?


I merited for you
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