Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 18278. (Read 26609024 times)

The poll never fails:



price on monday will be
>690   - 12 (21.4%)
600   - 5 (8.9%)
590   - 12 (21.4%)
584   - 9 (16.1%)
570   - 3 (5.4%)
560   - 3 (5.4%)
<520   - 12 (21.4%)
Total Voters: 56

You can't rip off that many btc whales and traders without some serious loss in buy support. Now that's just common sense.

assuming the Bitfinex debacle is over is mistake in my opinion.

thing with bitcoin is that it is clock work engineered.

such immutably predictable system.

I think you are wrong on pretty much everything you say here.

you clearly have no idea about trading at all.

I mean there is not even a slight correlation with the 2012 halving and the price spike MONTHS after. All you do is interprete something into a price chart you simply wish is true.
Fact is there is no real influence to the price from the halving. No this time and not really last time. Yes it created some volatility.


Also: "Past performance is not an indicator of future results"

No, I am not a whale. And I do not have some insider info. It just seems right now community is lacking optimism because of bitfinex hack and horrible price crash. And it is true that small volume gives ability to manipulate price. But this manipulation is harder everyday.

What I actually feel is fear. But bear with me. Times when I felt fear just the opposite happened (price jumped up) and times when I felt strong euphoria - price crashed down. But traders ignore feelings, right?

I'd say wait for 3-4 days and we will see where we land. Right now it's fear clusterfuck.

About deflating all the way back to ~$450? Yes

Of course you used the word "could", and in that case I'd agree with you since anything could happen... but I'm still bullish for the rest of this year and next year

Price tumbling what a surprise - oh wait, I did call this.   Not sure where I will buy back in, most likely at $499.

Even though, overall, we seem to agree about a lot of things, you still seem to be speaking in riddles.

Sure it is true that there is a lot of FUD spreading all over the interwebs, and maybe the fact that you are asserting that to be a factor, you are giving a certain amount of weight to the current status of that phenomenon.  I will concede that what people read, think and say contributes to whether they buy, HODL or sell, but still the underlying facts also remain important, including the fact that bitcoin prices recently went above $500, contrary to the desires of bearwhales and banker shills - and surely, they want to attempt to get the price back down, to the extent that they are able to accomplish such objectives.

I am not attempting to predict the price in either direction, except perhaps to suggest that there are pressures in both directions and to assert that ongoing mediocre volume can allow for quick and unexpected manipulation in either direction.. so in that sense, I fail to comprehend exactly how you could have strong feelings that price is going to be going down before we go up? 

I mean, you did not even seem to qualify your prediction very much, which probably is what caused me to respond to you in order to suggest that the language of your post seems much stronger than anyone's ability to predict - except perhaps some whale who has insider connections regarding either a pump or dump that is going to take place in the near future.

.

https://bitcointalksearch.org/topic/m.14273356

I can know much as you do, with my eyes looking at graph and thinking logically. (and reading facts on internet)

Right now you see shitload of FUD everywhere, fake news about bitcoin "dying slow death", new fake profiles, and bitfinex trash situation. Don't you just sense fear and uncertainty?


More facts:
- Trading bots love low price, they will buy fuck out of it once the long trends reverses

- First halving price&after

You see, bitcoin never touched that price again.

And right now, bitcoin price is lower than it was pre/post 2nd halving. And this is just because of bitfinex situation.

- Bitcoin is still developing tech.

It's good time to buy if you ask me. If you are not sure, wait 3-4 days.

I appreciate that you are willing to be somewhat specific and unequivocal in your price direction prediction, but really, what do you know about price direction?  The price direction can reverse at any time.  It is not as if we are in some kind of solid momentum in either direction, and the trade volume remains fairly mediocre, which also signifies that it can be pumped in either direction at any time. 

Surely, there can be some truth that if price is bounding a bit within a channel, and if price is on the downside of the channel, then there could be additional incentive at the lower border of the channel to attempt to push price further downwards.. so maybe at best you are describing a downward price direction situation that has a 60% chance of occurring - and it is no way near certain, as you supposed friendly "sense pumping" seems to suggest.

... there was an interesting comment I found there...  


And an interesting pic as well...  




But too bad its going up soon...

Now guys, I will pump some sense into you.

Price will keep falling maybe for day or so.

But remember! Bitcoin price now is CHEAP. And banks open tomorrow.

What this means? People want bitcoins, and cheaper bitcoins are even better. Tomorrow people will go to banks and send money to bitcoin exchanges.


No wonder price felt so much over the weekend, because banks don't work over weekend.
 

There are very few of these bear banker shill trolls that actually will provide either specifics or some kind of logic regarding how they arrived at such conclusions within any kind of somewhat meaningful context.

Personally, I am not hoping to be "impressed", but it would just be nice if there were at least some attempts to either back up what you way or at least be more specific... I guess being more specific does lead to the next questions concerning how you got there, and then whether the prediction turns out to be subsequently correct.

LOOOOOOOOKKKK         Gumpy Tec is back and seems to have a new FUCD spreading talking point.... used to be all about big blocks, and now, since Bitfinex seems to be his new (and supposedly better) nonsense talking point that he would like to repeat ad nauseam.. just like he repeated ad nauseum that Bitcoin would never go above $500 - until it did and then he had to change his story to some new nonsense..   

Oh.. it is so wonderful to see your meaningful contributions, here, Gumpster...     

I would be impressed if he committed himself to a price for it to go down to, and correctly guessed it. Saying it will gradually go down after halving is too vague a statement. He can claim he was right at the first minor correction as he didn't commit himself to predicting how long he thinks it will go down for, and how low.

is there some kind of point in quoting yourself?  people think all kinds of things?  so fucking what?

Haha!!  LOL that's much better than an acronym    Thanks guys for explaining