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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 18272. (Read 26609155 times)
August 17, 2016, 03:52:16 AM
August 17, 2016, 03:23:14 AM
We don't need no random guy. If the 15% of the average smartphone users would start buying and using BTC our beloved coin would go out of the Solar System.
Some stats:
Copay for Android has something like 10.000 downloads
Blockchain.info has something like 100.000 downloads
Coinbase around 500.000 downloads
I expect similar data for IPhone users (can't say, I don't have an Iphone)
Push these numbers to at least 150 M and then you need no random guy to push the price high.
(While searching for those numbers I stumbled upon the >100.000.000 Pokemon Go downloads
)
Some stats:
Copay for Android has something like 10.000 downloads
Blockchain.info has something like 100.000 downloads
Coinbase around 500.000 downloads
I expect similar data for IPhone users (can't say, I don't have an Iphone)
Push these numbers to at least 150 M and then you need no random guy to push the price high.
(While searching for those numbers I stumbled upon the >100.000.000 Pokemon Go downloads
) 
August 17, 2016, 02:31:13 AM
Someone care to speculate what price would reach BTC if a random guy (or agency) decides to buy 1 million?
$800-$900 I would assume
1 million BTC sounds a lot but it's really only $575 million
August 16, 2016, 10:26:05 PM
also painting the buy or die mitl month triangle, must of cost an extraordinary amount of money to paint and then break out to the up side....
no one person actually paints candless... WE ALL take part in painting the candles....
after all the news and hype / the real certitude i (and many others) have that "digital money" is the future, you think there 1 guy buying and selling all the coins all day long painting candles??
wtf do you think this is??? the US stock market + QE1 2 3 4?
no one person actually paints candless... WE ALL take part in painting the candles....
after all the news and hype / the real certitude i (and many others) have that "digital money" is the future, you think there 1 guy buying and selling all the coins all day long painting candles??
wtf do you think this is??? the US stock market + QE1 2 3 4?
August 16, 2016, 08:34:15 PM
We will update with a new TA on the other post soon..
TA is BS.TA works if you know some basics. Is not BS
i mean if you have no idea how to paint support / resistance lines, and you trade purely on how you FEEL price will move your gonna have a bad time....
unless you simply buy and hold for the long term, but thats not trading thats investing.... and thats easy,
Investing 101:
buy and hodl.
Isn't there a trading expression called painting the charts, which means a whale manipulates the market to make the charts look like a well known pattern is emerging? After all the TA guys trade based on that pattern the manipulative whale screws them all. TA is BS if someone paints the charts.
ahhh
but we know they know we know.
August 16, 2016, 08:11:15 PM
We will update with a new TA on the other post soon..
TA is BS.TA works if you know some basics. Is not BS
i mean if you have no idea how to paint support / resistance lines, and you trade purely on how you FEEL price will move your gonna have a bad time....
unless you simply buy and hold for the long term, but thats not trading thats investing.... and thats easy,
Investing 101:
buy and hodl.
http://orig00.deviantart.net/d4e7/f/2012/247/6/b/and_it_s_gone_by_celeith-d5div3y.jpg
Totaly agree
August 16, 2016, 07:55:07 PM
We will update with a new TA on the other post soon..
TA is BS.TA works if you know some basics. Is not BS
i mean if you have no idea how to paint support / resistance lines, and you trade purely on how you FEEL price will move your gonna have a bad time....
unless you simply buy and hold for the long term, but thats not trading thats investing.... and thats easy,
Investing 101:
buy and hodl.
Isn't there a trading expression called painting the charts, which means a whale manipulates the market to make the charts look like a well known pattern is emerging? After all the TA guys trade based on that pattern the manipulative whale screws them all. TA is BS if someone paints the charts.
August 16, 2016, 07:30:01 PM
Quote
market will probably just end up being STUCK at 670 for a like a month.
You mean 666
... that number has great potential to dry out in to extinction those satanist dumpers! August 16, 2016, 07:29:07 PM
HODLing is completely sane!
Gold is limited, so is Bitcoin.
Gold is limited, so is Bitcoin.
August 16, 2016, 07:26:14 PM
We will update with a new TA on the other post soon..
TA is BS.TA works if you know some basics. Is not BS
i mean if you have no idea how to paint support / resistance lines, and you trade purely on how you FEEL price will move your gonna have a bad time....
unless you simply buy and hold for the long term, but thats not trading thats investing.... and thats easy,
Investing 101:
buy and hodl.
August 16, 2016, 07:04:55 PM
We will update with a new TA on the other post soon..
TA is BS.TA works if you know some basics. Is not BS
August 16, 2016, 06:43:03 PM
We will update with a new TA on the other post soon..
TA is BS.ITs all about the TA with a dash of propaganda ...make some random chaos within the parameters!
When ppl say that TA is bs they are sadly mistaken imho
August 16, 2016, 06:38:29 PM
Someone care to speculate what price would reach BTC if a random guy (or agency) decides to buy 1 million?
I think it would be hysterical to observe. First off you'd get the morons with no vision selling for peanuts. Slowly it would dawn on everyone else that the buyer from hell was on the scene. The same morons would probably FOMO and pile in again.
All the while the wise owls would be deserting the exchanges in droves until the price for what was left would leave everyone gasping. Then the buying would stop and there'd be the worst crash of any type in any type of history. Cue ten or more years of peace and quiet while some wounds were licked and others partied to expiration.
The price would rise to about $610. But not very long after that, the price would also drop (like a price correction).
So, in short terms, a lot would be happening, but in long terms, it would probably keep on the same course.
I think you need to add 2-3 zeroes to the end of your figure.
Good analysis fellow rockstar...
you should change your photo back to the other dude with the beer! IMO Cheers m8
August 16, 2016, 06:34:28 PM
Someone care to speculate what price would reach BTC if a random guy (or agency) decides to buy 1 million?
What if the random guy sells...?
August 16, 2016, 06:31:23 PM
We will update with a new TA on the other post soon..
TA is BS.It comes in useful, if only because of self-fulfilling prophecy. Just take the halving top - an almost perfect 61.8% fib of the bubble high to post-bubble low.
August 16, 2016, 06:13:26 PM
We will update with a new TA on the other post soon..
TA is BS. August 16, 2016, 05:36:33 PM
I think we first go short, then long to a new highs...
Sounds like you are talking your book... There is no reason that we go short before we go long...
There have already been several downward attempts on the price, and sure you could be correct that there will be another one or that the next downward attempt (if there is one) will be successful, but certainly, you gotta be careful, at this point regarding how much you were to bet on downwards.
Well, as you can see, we go down now... Maybe we go down a little bit more before the uptrend resumes.
GL on your trades
I don't see that we are going down at this particular time....
You still seem to be in a kind of fantasy thinking....
It is kind of a trading phenomenon that we cannot always determine where we are at when we are in the midst of it, not with any meaningful degree of certainty (unless we happen to be a decent sized whale or someone with greater insider information than the average person)...
But, anyhow, in one of my recent posts, I had suggested that it is beginning to appear that more or less we are in about a $550 to $590 price range for the past couple of weeks... and accordingly, I would not get too worked up about calling one direction or another until we either get close to breaking out of the range or we actually break out of the range.
Frequently, posters here, either the trolls or the ones who are too emotional about their current bitcoin position, have a kind of tendency to attempt to call the trend (or the break out) too early... And, for whatever reason, your recent posts seem to fit in that category of calling matters way too early - which ends up being a mischaracterization regarding what seems to be actually taking place...
We just trying to share with the community what the numbers say to us, no emotional component here (we care on this point). All using our free platform, you can check this
We will update with a new TA on the other post soon..
August 16, 2016, 04:43:36 PM
Quote
market will probably just end up being STUCK at 670 for a like a month.
You mean 666
August 16, 2016, 04:36:48 PM
Someone care to speculate what price would reach BTC if a random guy (or agency) decides to buy 1 million?
I think maybe they could pull off an AVG price of like 690 if there were really good / luckybut then market would probably rocket to 32,000 soon after, unless these 1million coins didnt get sold off trying to pull a profit.
if you are in to buy 1million coins @ <650 but then ready to sell the coins you bought @<650 @ >690; market will probably just end up being STUCK at 670 for a like a month.
the float across all exchanges is probably like 1 or 1/2 a million coins. so its probably possible to buy a million coins pretty fast sub 700, but then the float is 0..... so if you HODL like a MOFO, KA-Fucking-BOOM bitcoin must goes up like 10X to inorder get poeple sending more coins back on exchanges.
August 16, 2016, 04:00:37 PM
Someone care to speculate what price would reach BTC if a random guy (or agency) decides to buy 1 million?
I think it would be hysterical to observe. First off you'd get the morons with no vision selling for peanuts. Slowly it would dawn on everyone else that the buyer from hell was on the scene. The same morons would probably FOMO and pile in again.
All the while the wise owls would be deserting the exchanges in droves until the price for what was left would leave everyone gasping. Then the buying would stop and there'd be the worst crash of any type in any type of history. Cue ten or more years of peace and quiet while some wounds were licked and others partied to expiration.
The price would rise to about $610. But not very long after that, the price would also drop (like a price correction).
So, in short terms, a lot would be happening, but in long terms, it would probably keep on the same course.
I think you need to add 2-3 zeroes to the end of your figure.
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