Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 18908. (Read 26619954 times)

legendary
Activity: 1260
Merit: 1000
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
A big rally requires not only timing but also something to rally around (whether real or not).

One rally was started with the US Senate legitimatized Bitcoin. The last rally was when China got involved and everyone believed all of China would be buying bitcoins.

I think the Winklevoss ETF released before the halving would push the price up over $5,000.

Steam accepting bitcoins is a great boost until people realize that it just means people will be spending their bitcoins that they've been sitting on for a while which will be converted to dollars. (a major merchant accepting bitcoins usually does not boost the price).
legendary
Activity: 2352
Merit: 1064
Bitcoin is antisemitic
Interesting: there is a bloodbath in stocks and gold is up.  Do we quack like a stock now?

legendary
Activity: 1442
Merit: 1016
Higher lows?
What do you think?

hero member
Activity: 658
Merit: 503
Bear with me
Quite the retrace that was gentlemen.
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC

5$ up in a few min

interdasting
legendary
Activity: 876
Merit: 1000
Well, it was a surprise that dumping began this fast.
I thought that it will take at least a day or two, before the BTC->STEAM->$ engine will show it's effect. Things will probably get interesting because I doubt that the engine is running at it's peak.
Most here are blinded by big words and can't understand how thin the buy side really is. The price isn't holding because of the strong bid side, but because of the desperate miners who want to see some ROI.

We have no idea who sold. It could be guys that bought at 370-400 when others were like "OMG I WONDER WHY IT IZNT AT SUB200". There was looooooooot of buying back then at the dumps of weak hands.

If some steam coins weren't sold yet, then it only means that there are even more coins out there, waiting to be sold in the near future Smiley
legendary
Activity: 1708
Merit: 1049
Well, it was a surprise that dumping began this fast.
I thought that it will take at least a day or two, before the BTC->STEAM->$ engine will show it's effect. Things will probably get interesting because I doubt that the engine is running at it's peak.
Most here are blinded by big words and can't understand how thin the buy side really is. The price isn't holding because of the strong bid side, but because of the desperate miners who want to see some ROI.

We have no idea who sold. It could be guys that bought at 370-400 when others were like "OMG I WONDER WHY IT IZNT AT SUB200". There was looooooooot of buying back then at the dumps of weak hands.
legendary
Activity: 2833
Merit: 1851
In order to dump coins one must have coins
I'm calling a bottom (famous last words Smiley )


So was it just whales at play on a mini-pump? (ie the whales tipped their hand and moved too soon and too fast on their tango of the rest of us in the dust) Sad

Must be nice to play with BTC price like it is your personal 'angry birds' game Sad



Bid sides are looking healthier at these levels. No flash crashes. Longs are huge but it wont be cheap to shake them and there are BTC10k till $420 on finex ready to catch them. Getting close to halfing, too much uncertainty so i'm speculating that sides are more likely to dig in then start dumping too much. We raised on little volume and thin bid side so were due for a smack down. But as i write this BTC400 ask wall comes up on stamp and there're BTC1k to $444 on finex
copper member
Activity: 2898
Merit: 1465
Clueless!
I'm calling a bottom (famous last words Smiley )


So was it just whales at play on a mini-pump? (ie the whales tipped their hand and moved too soon and too fast on their tango of the rest of us in the dust) Sad

Must be nice to play with BTC price like it is your personal 'angry birds' game Sad

legendary
Activity: 876
Merit: 1000
Well, it was a surprise that dumping began this fast.
I thought that it will take at least a day or two, before the BTC->STEAM->$ engine will show it's effect. Things will probably get interesting because I doubt that the engine is running at it's peak.
Most here are blinded by big words and can't understand how thin the buy side really is. The price isn't holding because of the strong bid side, but because of the desperate miners who want to see some ROI.
newbie
Activity: 42
Merit: 0
The way I see it is whenever bitcoin's not coiling (like a cobra getting ready to strike), it's uncoiling.

...like a nice limp cobra that already striked ...wait... stroke? Like a cobra that just stroked out! ...wtf, is it struck? A cobra that suffered a paralyzing stroke that also probably caused some serious brain damage.

TL;DR: Things are really looking up  Smiley
newbie
Activity: 42
Merit: 0
time to #rekt some idiot chinese miners who think it is cool to short their own product ...

Bitcoin (BTC)  $443.36 (-4.73% Shocked)

Ouchies Cry

@JayJuanGee
That was really sad, but really moving and beautiful too.
It's OK to cry.
legendary
Activity: 3934
Merit: 11405
Self-Custody is a right. Say no to"Non-custodial"
... but that kind of extensive downward price movement would be a bit deflating for me...

Dear Santa...


Yes.... real people have feelings.... even though I believe that it is a good practice to attempt to remove some of those feelings from trading... yet in the end, any of us can get worked up with our own expectations.... and that is where the "dear santa" comes in, or to whomever is our spiritual guide.   Tongue Tongue
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
time to #rekt some idiot chinese miners who think it is cool to short their own product ...
member
Activity: 115
Merit: 10
... but that kind of extensive downward price movement would be a bit deflating for me...

Dear Santa...
legendary
Activity: 4018
Merit: 1250
Owner at AltQuick.com
Jesus fuck I got rekt today.

Back long n strong though.

*shakes fucking head*

Going to just stack my leverage full tilt till $450. Fuck it.
legendary
Activity: 3934
Merit: 11405
Self-Custody is a right. Say no to"Non-custodial"
Remember that really good movie Titanic and how that nice cellist didn't let go of his cello even though he knew that he was going to die like Leonardo Dicaprio, who also died?
That was really sad, but really moving and beautiful too.
It's OK to cry.

we hit $0 i'll cry.  we hit $200, i'll be mehhhhh so so  Cheesy


If we go below $400, I may start to get worried...   I am not sure whether I am going to cry at that point because at the moment, I have enough fiat budgeted to go down to $380, but that kind of extensive downward price movement would be a bit deflating for me, especially since there have been several unsuccessful attempts in the past couple of months to go below $400, and it was beginning to feel as if we had gotten passed that $400 price point.. at least absent some kind of catastrophe. 

In any event, it seems that if we were to be heading in the sub $400 price territory, then we would likely not go straight down, and I would be able to buy and sell a bit in order to prepare my holdings a little bit before we were to arrive below $400 and in order to prepare further for possible worse scenarios and delays in the choo choo MF..    Cry Cry
legendary
Activity: 2772
Merit: 2846
I'm not worried. The poll conclusively shows we're gonna be over $480 in a few days, and it hasn't been wrong yet.
I can afford to wait Smiley

The option with the least amount of votes is usually the one that's correct. If it plays out like that again we can expect the $440 option with only 2 votes and 1.4% of the total votes to be the price on May day.
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