Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 18132.

kurious

legendary

Activity: 2604

Merit: 1748

Quote from: TERA on November 19, 2016, 12:55:41 PM

anyway back on topic:

Based on the weekly stoch RSI: This is either about to shoot way past ATH or about to crash hard, one or the other, but I can't tell which. I guess this analysis doesn't help me much.

I suspected that if we passed 750 it would be the start of the ramping up and FOMO, but it is looking lacklustre.

Maybe it is unmentionable OT uncertainties (ahem...) maybe it's just not going to happen but the cup and handle looked perfect and the rise has been steady for a year. I really thought it would be around now we'd see the new 2013-style run, but it's awfully quiet out there.

I was thinking (as were many) that a run up was inevitable. Now I haven't a clue... The conditions are good, so why is nothing happening? A crash would no longer surprise me either, this is Bitcoin, after all.

TERA

hero member

Activity: 728

Merit: 500

anyway back on topic:

Based on the weekly stoch RSI: This is either about to shoot way past ATH or about to crash hard, one or the other, but I can't tell which. I guess this analysis doesn't help me much.

jaberwock

legendary

Activity: 2772

Merit: 1127

Quote from: keithers on November 19, 2016, 12:21:29 PM

I wonder if we would have seen a dip in prices if Clinton would have gotten elected instead of Trump...

guess would not have been different

you know, Obama is doing some anti-russia politics and things would only get worse with Hillary, so the price would increase

also most of the senate and the house would be republican, so the government would not quite stable

keithers

legendary

Activity: 1456

Merit: 1001

This is the land of wolves now & you're not a wolf

I wonder if we would have seen a dip in prices if Clinton would have gotten elected instead of Trump...

Karartma1

legendary

Activity: 2310

Merit: 1422

Even though our train is constanly stopped! But I know what we need: we need a rocket, a train's not enough.
I see $800 but Pacman (BTC) needs to win many levels before going there.

Megapump

newbie

Activity: 1

Merit: 0

I've read a lot about how great intraday trading has been for the past couple of weeks but I don't get how it is worth the effort considering the market fees of at least 0.8%
for buying and selling. Are people really happy about 1-2 % profit? If you miss the train and bitcoin jumps above $ 1000 the intraday traders are left behind just for the fun of having made a few % of profit. Am i missing anything?

harrymmmm

hero member

Activity: 576

Merit: 503

Quote from: marcus_of_augustus on November 19, 2016, 04:58:44 AM

That was last chance under $750 chaps ... time we ramped up ~~the segwit signalling~~ now and its off to the races.

edit: does your butthurt feel better now snowflake?

Haha. Yes, thank you.

Apart from issues like fairness, relevance, etc, my deeper purpose in making the off-topic comment was to display my hurt butt.

I'll try to avoid slinging dung in future as well.

Kramerc

sr. member

Activity: 397

Merit: 250

The only wall I see is on btc-e at 745 for around 1.1k.

Better stash on the popcorn for the next weeks.

PAMPT

member

Activity: 237

Merit: 10

Quote from: Temp_JayJuanGee on November 18, 2016, 05:42:44 PM

Quote from: WhiteWalls on November 18, 2016, 11:10:32 AM

Price has made 4 strong runs up to $751 this week and stalled out. This wall is bigger than the one Trump wants to build Roll Eyes

I don't think that the wall at $751 is big; however, there seem to be forces (bull whales) who are relatively capable of taking us up and above such price points, but when they get there, they become a bit worried that they may be left alone in their push upwards, which will cause them to get dumped upon, so they are not willing to push above and beyond $751 until they see that there are a sufficient number of "other bull whales" who are ready, willing and able to join in with them.

Maybe in the end we are reaching the same conclusion, even though we are describing the phenomenon (regarding resistance at $751) in different ways?

One single wall is certainly not enough to suppress this sucker, set up a wall on one or two exchanges and what, next day it will eventually get arbed as east resumes to climb up. Bigger walls across leading exchanges make no sense either as someone may buy into them and eliminate the said effect of suppression.

Elwar

legendary

Activity: 3598

Merit: 2386

Viva Ut Vivas

Quote from: Searing on November 19, 2016, 03:09:16 AM

https://www.cryptocoinsnews.com/irs-targeting-bitcoin-transaction-records-coinbase-users/

Got to love the IRS they get butt hurt on an internal Gov't audit and go on a fishing expedition.

I myself have been 'legal' in the sense of mining btc/ltc as a business since 2013 so not an issue.

But if they expect everyone to keep track of every bitcoin they ever made and pay 20% capital gains on it.

Well that could be interesting

It won't be until the next tax reporting year that the price will be up for the year since 2013. Most people will not have yearly gains to declare unless they are traders (not really a CoinBase thing) or they structure their spending differently (LIFO, FIFO, etc). I was going to go through the reporting thing last year but noticed that my spending was lower than my purchases throughout the year. The IRS doesn't care if you don't report losses.

This year I sold my house at a loss so it will more than compensate for any gains I received via spending as the price goes up.

harrymmmm

hero member

Activity: 576

Merit: 503

Quote from: marcus_of_augustus on November 19, 2016, 04:58:44 AM

That was last chance under $750 chaps ... time we ramped up the segwit signalling now and its off to the races.

I think I'm correct in saying that segwit signalling is off-topic here (/u/Lauda?).
There's another thread for it: https://bitcointalksearch.org/topic/new-segwit-stats-1450783

marcus_of_augustus

legendary

Activity: 3920

Merit: 2349

Eadem mutata resurgo

That was last chance under $750 chaps ... time we ramped up ~~the segwit signalling~~ now and its off to the races.

edit: does your butthurt feel better now snowflake?

harrymmmm

hero member

Activity: 576

Merit: 503

Quote from: ?? on ??

Friday night Adam must've been drinking again Roll Eyes

Did you at least returned the kids back?

Lol. Yes, the crazy level has risen again.
The 'majory' is here!

A message or two(?) seems to be missing as well. How'd that happen?

edit: Ahh. 'deleted by a moderator'.
Happy to reply directly, but I don't know who you are, so I'm doing it here.
Was my post about segwit lockin failing deleted because you think that is unrelated to bitcoin price? Really?
I'm guessing it was deleted more because it was replied to by our local crazy, but that hardly seems like a reasonable moderation, right?

PoolMinor

legendary

Activity: 1844

Merit: 1338

XXXVII Fnord is toast without bread

Quote from: Omikifuse on November 19, 2016, 03:15:07 AM

Quote from: ?? on ??

Wall at $775 about to be eaten.

where?

here I see a struggle to break $750.

Bitstamp

In fact I see the price nowhere near $770 in any USD dollar exchange

I guess I jumped the gun, was looking for self-fulfilling prophecy. My sincerest apologies to all the readers of this forum.

Omikifuse

legendary

Activity: 1862

Merit: 1009

Quote from: ?? on ??

Wall at $775 about to be eaten.

where?

here I see a struggle to break $750.

Bitstamp

In fact I see the price nowhere near $770 in any USD dollar exchange

Searing

copper member

Activity: 2898

Merit: 1465

Clueless!

https://www.cryptocoinsnews.com/irs-targeting-bitcoin-transaction-records-coinbase-users/

Got to love the IRS they get butt hurt on an internal Gov't audit and go on a fishing expedition.

I myself have been 'legal' in the sense of mining btc/ltc as a business since 2013 so not an issue.

But if they expect everyone to keep track of every bitcoin they ever made and pay 20% capital gains on it.

Well that could be interesting

yefi

legendary

Activity: 2842

Merit: 1511

Quote from: ?? on ??

So ... segwit lockin failed after 20 hours.

Took over a month for support for the other BIPS to reach 95% threshold, so that's not a shocker.

TERA

hero member

Activity: 728

Merit: 500

Chinese exchanges lead because they are the current axe in trading and there is no efficient arbitrage. It doesn't necessarily have anything to do with China. In fact there could be traders from all over the world on these exchanges to trade in the high volume, assuming they're not totally fake. In 2012-2013 it was customary for mtgox to be 10% ahead of other exchanges simply due to their volume, but nothing to do with japan. btce has always been behind, but that has nothing to do with Russia.

If you want to know why Bitcoin is rallying, it's probably due to Segwit and Lightning.

There's also a small chance of capital flight from the Chinese exchanges. Not from China... just from the exchanges themselves, similar to the run up before Mtgox...

yefi

legendary

Activity: 2842

Merit: 1511

Quote from: TERA on November 18, 2016, 06:13:06 PM

In May, they were saying the same thing about how the price had touched $470 on 6 occasions over 5 months so supposedly it wouldn't pass.

Ah, "The Bitcoin Ne'er 500 Again" posse. Halving priced in they said, sell before the crowds they insisted. What geniuses!

Quote from: DaRude on November 18, 2016, 12:28:49 AM

We don't need you elitist logic.

MAKE BITCOIN GREAT AGAIN!!!!

PoolMinor

legendary

Activity: 1844

Merit: 1338

XXXVII Fnord is toast without bread

Quote from: Fakhoury on November 18, 2016, 04:39:06 PM

Quote from: hulla on November 18, 2016, 02:15:43 PM

Quote from: Elwar on November 17, 2016, 05:00:44 AM

I just heard from a reputable source that Trump is gonna ban BTC.

And China is also going to regulate BTC.

Cry

You guys need not to worry cos whatever the situation may be Trump will not ban bitcoin or do something that will affect the bitcoinaire

I swear by God that Elwar was kidding.

All of this drama was because he didn't end his paragraph with this : /s

Here it is for those of you that don't read every post---- Though you probably won't read this one either (not sure why I bother)

Quoted below is the "reputable source" he even offered a statement to show the original post in its context.

Quote from: Searing on November 17, 2016, 04:53:13 AM

Well my little Firefox App shows BTC at an even $750 usd...so I'm sitting here waiting for the next bit of FUD to hit the news on the 'evil of BTC' or how 'Trump is gonna ban BTC'
or that China is going to regulate BTC ...really we are not making this up this time around

Ah crap by simply mentioning the FUD of the above I now likely will be the 'source' of the next downturn as the FUD nexus...damn it...sorry about that guys..jinxed it Sad

But really some FUD will now arise to knock the price down ..its how the whole thing works ..don't ya know.... Sad

Quote from: Elwar on November 17, 2016, 05:00:44 AM

I just heard from a reputable source that Trump is gonna ban BTC.

And China is also going to regulate BTC.

Cry

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