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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16424. (Read 26711016 times)

legendary
Activity: 3794
Merit: 5474
This seems like blatant stop loss hunting to me.

Bullish?
sr. member
Activity: 560
Merit: 250
Interesting how there is so little talk around here about how many Chinese BTC Western exchanges will be able to absorb in the first place.
Because rest assured: what cannot be sold in China will be sold in the West.

Another thing that is not being talked about: how will BTC survive after a large decline? Is this crypto's Dotcom bubble crash? Because in that case, only a few crypto currencies will survive, and only those with the strongest usecase. In my view, BTC is far from certain to be ensured survival in that case.  Bitcoin is not ensured - at all - to rise again. Past performance does not guarantee future performance, as the opposite would mean that Bitcoin would keep rising forever.

Lastly: what will happen if some major parties that are playing the market now decide to move over to some other crypto alternative, with more advanced tech and/or a different usecase? Because those parties aren't holding BTC for some damn ideological goal: they want to make money. If they start dumping Bitcoin like there is no tomorrow, we might easily find ourselves in a similar 2014/2015 decline.

I'm curious how people think about these questions, as there is way too little attention for such things here.
sr. member
Activity: 924
Merit: 311
#TheGoyimKnow

...real money now (physical silver).

"Real money" that's totally iliquid ?

Is that not a contradiction terms ?


I have never had a problem with metals liquidity.  If you live in a small town, you will probably have liquidity problems with everything though, such as trying to find someone to work on a BMW...or any car that's not....a ford...
legendary
Activity: 2688
Merit: 2470
$120000 in 2024 Confirmed
It's time to que up the avalanche of retard pumpers that know absolutely nothing about cryptocurrency to spam the boards with their cut and paste slogan "blockchain is here to stay".  Since it's not even possible to create a decentralized cryptocurrency in the first place (all are designed to centralize), nothing could be further from the truth.  

Yea, they might live on as federated chains run by corporations and govt, but who gives a shit about those.  Bitcoin died the day the first asic was created when it could no longer be mined with normal, off the shelf, commodity hardware.  There's no point screwing with this garbage over real money now (physical silver).
Why are you here then?
legendary
Activity: 1470
Merit: 1007

Prove that you're the real r0ach by unloading some of your finest tinfoil-y antisemitic low-resolution jpeg montages.
legendary
Activity: 2520
Merit: 3038
It's time to que up the avalanche of retard pumpers that know absolutely nothing about cryptocurrency to spam the boards with their cut and paste slogan "blockchain is here to stay".  Since it's not even possible to create a decentralized cryptocurrency in the first place (all are designed to centralize), nothing could be further from the truth.  

Yea, they might live on as federated chains run by corporations and govt, but who gives a shit about those.  Bitcoin died the day the first asic was created when it could no longer be mined with normal, off the shelf, commodity hardware.  There's no point screwing with this garbage over real money now (physical silver).

I missed you too.
legendary
Activity: 3066
Merit: 1188

...real money now (physical silver).

"Real money" that's totally iliquid ?

Is that not a contradiction terms ?
sr. member
Activity: 924
Merit: 311
#TheGoyimKnow
It's time to que up the avalanche of retard pumpers that know absolutely nothing about cryptocurrency to spam the boards with their cut and paste slogan "blockchain is here to stay".  Since it's not even possible to create a decentralized cryptocurrency in the first place (all are designed to centralize), nothing could be further from the truth.  

Yea, they might live on as federated chains run by corporations and govt, but who gives a shit about those.  Bitcoin died the day the first asic was created when it could no longer be mined with normal, off the shelf, commodity hardware.  There's no point screwing with this garbage over real money now (physical silver).
legendary
Activity: 2520
Merit: 3038
Finally someone with a brain speaking:


"Back to $200! Bear market any minute now!" ... "It's just a flesh wound! 10k by the end of the year!"

How about: the market is testing the downside after huge gains were made during the past months. And "continuation or reversal?" will be largely determined by how this test proceeds? (e.g. support will or will not be found at a level which suggests the larger bullish trend remains intact)

My question is, where do you think this support will be found? Is it already found (3600ish), is it 3200-3000 or further down?
imo, under $2k easy

I was asking people with at least half brain. but thanks.
lols fine gd luck ,hahaha...maybe it will goto $1k

ShroomsKit_Disgrace, you don't understand.
The first reply "$2k" was on FULL BRAIN!
Then you mentioned "half brain" again and the poor lad shut off half of the poor thing.
So the next answer is... unsurprisingly, half as much.
 Roll Eyes
legendary
Activity: 1124
Merit: 1000
13eJ4feC39JzbdY2K9W3ytQzWhunsxL83X
i have placed a buy order at 2000€ and will check it again about 1 week later i hope i not buy expensive.

Good day bitcoin land!
legendary
Activity: 3794
Merit: 5474
Remember that one time the price went from 3005 all the way down to 1840?

Man, that was sooo long ag.... oh wait
legendary
Activity: 2268
Merit: 1278
The lack of fear here makes me think this has further to go down. 

Why should we fear the opportunity to buy more cheap coins?

I'm still holding to my four year mantra that anything below 1k is cheap, so that's a long way off.
legendary
Activity: 3431
Merit: 1233
The lack of fear here makes me think this has further to go down. 

Why should we fear the opportunity to buy more cheap coins?
legendary
Activity: 2268
Merit: 1278

Look at that ugly green spike. If it doesn't dip below that in the next few hours than this is the new normal for a while.
legendary
Activity: 1470
Merit: 1007
[...]

My question is, where do you think this support will be found? Is it already found (3600ish), is it 3200-3000 or further down?

My naive bet would be that weekly SMA (~3k and rising) seems to be a watershed level. But the market's also wisening up all the time to previous 'rules', hence, emphasis on 'naive'.
legendary
Activity: 3066
Merit: 1188
I was asking people with at least half brain. but thanks.

People with "half a brain" will tell you that a retest of a 6-month old high is easily on the cards at anytime, never mind when half the world's market goes offline for good.

So that makes $1000 not an unreasonable bottom - at least as a spike.
legendary
Activity: 2758
Merit: 1075
Finally someone with a brain speaking:


"Back to $200! Bear market any minute now!" ... "It's just a flesh wound! 10k by the end of the year!"

How about: the market is testing the downside after huge gains were made during the past months. And "continuation or reversal?" will be largely determined by how this test proceeds? (e.g. support will or will not be found at a level which suggests the larger bullish trend remains intact)

My question is, where do you think this support will be found? Is it already found (3600ish), is it 3200-3000 or further down?
imo, under $2k easy

I was asking people with at least half brain. but thanks.
lols fine gd luck ,hahaha...maybe it will goto $1k
hero member
Activity: 952
Merit: 552
Finally someone with a brain speaking:


"Back to $200! Bear market any minute now!" ... "It's just a flesh wound! 10k by the end of the year!"

How about: the market is testing the downside after huge gains were made during the past months. And "continuation or reversal?" will be largely determined by how this test proceeds? (e.g. support will or will not be found at a level which suggests the larger bullish trend remains intact)

My question is, where do you think this support will be found? Is it already found (3600ish), is it 3200-3000 or further down?
imo, under $2k easy

In China... maybe.. the rest of the world is like: China bans Bitcoin?  
Dejavu!!!!!!!!!!!!




Been there done that!

legendary
Activity: 952
Merit: 1000
Yeah! I hate ShroomsKit!
Finally someone with a brain speaking:


"Back to $200! Bear market any minute now!" ... "It's just a flesh wound! 10k by the end of the year!"

How about: the market is testing the downside after huge gains were made during the past months. And "continuation or reversal?" will be largely determined by how this test proceeds? (e.g. support will or will not be found at a level which suggests the larger bullish trend remains intact)

My question is, where do you think this support will be found? Is it already found (3600ish), is it 3200-3000 or further down?
imo, under $2k easy

I was asking people with at least half brain. but thanks.
legendary
Activity: 2758
Merit: 1075
Finally someone with a brain speaking:


"Back to $200! Bear market any minute now!" ... "It's just a flesh wound! 10k by the end of the year!"

How about: the market is testing the downside after huge gains were made during the past months. And "continuation or reversal?" will be largely determined by how this test proceeds? (e.g. support will or will not be found at a level which suggests the larger bullish trend remains intact)

My question is, where do you think this support will be found? Is it already found (3600ish), is it 3200-3000 or further down?
imo, under $2k easy
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