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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 27123. (Read 26711057 times)

hero member
Activity: 605
Merit: 500
We're going down like a clown
member
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฿ ฿ ฿ ฿ ฿
legendary
Activity: 1904
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Trusted Bitcoiner
The one week MACD went green momentarily, but the weak hands seem to be getting spooked again, and short green bar is about to return to red bar. Five more weeks of bear market, I:m afraid.
lol
sr. member
Activity: 350
Merit: 253
The one week MACD went green momentarily, but the weak hands seem to be getting spooked again, and short green bar is about to return to red bar. Five more weeks of bear market, I:m afraid.
hero member
Activity: 686
Merit: 500
Ultranode
Wouldn't be Thursday without a decent crash.  Cheesy Cheesy Cheesy
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
We are not going below 600, not anymore. Time to start up the locomotive.

Daytraders, how much volume do you deal with daily?

Ah, that senseless optimism Cheesy

But seriously, the last period of major volume  was on June 12, and we went down to 550. If the next swing down (and unless a miracle happens, there will be a swing down in the coming days) doesn't fall below 550, I'd consider that a very reassuring sign.

it won't, i'm loaded for bear.
bitfinex did the 599...  Sad
 


the line to defend is  550ish 580ish
legendary
Activity: 981
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No maps for these territories
Dolores, my goat, says we´ll be testing 585 before we rallied'up and chow chow

member
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฿ ฿ ฿ ฿ ฿
We are not going below 600, not anymore. Time to start up the locomotive.

Daytraders, how much volume do you deal with daily?

Ah, that senseless optimism Cheesy

But seriously, the last period of major volume  was on June 12, and we went down to 550. If the next swing down (and unless a miracle happens, there will be a swing down in the coming days) doesn't fall below 550, I'd consider that a very reassuring sign.

it won't, i'm loaded for bear.
bitfinex did the 599...  Sad
 
legendary
Activity: 1470
Merit: 1007
We are not going below 600, not anymore. Time to start up the locomotive.

Daytraders, how much volume do you deal with daily?

Ah, that senseless optimism Cheesy

But seriously, the last period of major volume  was on June 12, and we went down to 550. If the next swing down (and unless a miracle happens, there will be a swing down in the coming days) doesn't fall below 550, I'd consider that a very reassuring sign.

it won't, i'm loaded for bear.

Are you trying to reverse psychology the market?

Sure, why not... worth a try.

Hey, market. I don't even want $100k coins anymore. Not ever.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
We are not going below 600, not anymore. Time to start up the locomotive.

Daytraders, how much volume do you deal with daily?

Ah, that senseless optimism Cheesy

But seriously, the last period of major volume  was on June 12, and we went down to 550. If the next swing down (and unless a miracle happens, there will be a swing down in the coming days) doesn't fall below 550, I'd consider that a very reassuring sign.

it won't, i'm loaded for bear.
legendary
Activity: 1400
Merit: 1013
Just noticed the poll results are almost perfectly centred on 100%
legendary
Activity: 1470
Merit: 1007
We are not going below 600, not anymore. Time to start up the locomotive.

Daytraders, how much volume do you deal with daily?

Ah, that senseless optimism Cheesy

But seriously, the last period of major volume  was on June 12, and we went down to 550. If the next swing down (and unless a miracle happens, there will be a swing down in the coming days) doesn't fall below 550, I'd consider that a very reassuring sign.
sr. member
Activity: 441
Merit: 250
We are not going below 600, not anymore. Time to start up the locomotive.

Why do you think that? It's so thin right now ... I have no clue where it will go. If anything, there is a small trickle of new coins for sale.
hero member
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Space Lord
We are not going below 600, not anymore. Time to start up the locomotive.

Daytraders, how much volume do you deal with daily?
legendary
Activity: 2380
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
member
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฿ ฿ ฿ ฿ ฿
we're still in a bullish consolidation, flag formation from the last leg up. if BFX breaks 600 to the downside, i will reconsider, but i think we should head up to 630-650 in the next couple days.

1h, 2h, 4h, 6h and 3d are going down  Sad
i hope it will not break $600
it has to stay and rise!
let's pray and see...
 
newbie
Activity: 6
Merit: 0

NOT yet!!!!   However, the week is coming near closing, and it will be very interesting if that weekly MACD candle closes green (at this point, barely green - yellow as an earlier poster mentioned).

Why look at the weekly MACD specifically? If you look at other time periods, it seems to be at varying points of the sine curve, (3d).
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"


We rally now?

NOT yet!!!!   However, the week is coming near closing, and it will be very interesting if that weekly MACD candle closes green (at this point, barely green - yellow as an earlier poster mentioned).
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
Hi, greetings from the vast newbie/lurker community.

Would anyone care to speculate or provide a link as to the ramifications of $1 billion being dropped on the market as a long-term buy/hold. I suppose this probably won't happen until Wall Street or some other regulated exchange is able to be used. Just a random, large number I picked, but I'm new to all this and am curious as to how people will react the when/if the next round of big money shows up.

Thanks for your thoughts, ideas, and pictures.

Personally, I doubt that big money, such as $1 billion will be dropped all at once, until maybe the market cap is around $100 billion..

Accordingly, investment chunks will be smaller... and yes, if they prices is going up, then it becomes more easy to drop larger chunks, yet large chunks cause the price to go up too much, so investors with large chunks want to attempt to control the price rises (while they are buying), to the extent that they can.... and maybe once they are mostly in, then they do NOT mind manipulating the prices upwards with smaller amounts...
legendary
Activity: 2674
Merit: 2373
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
So, when is someone going to buy an island, start a farm, power plant, ISP, and waste water treatment facility that does everything in bitcoin?  Then, we can say F*** fiat, lets price everything in BTC.  I'd rather pay a set BTC price every freakin' time then buy a couple pizzas worth a few million dollars a couple years later.  

Any takers?  That'd be the easiest way to start a TRUE BTC economy that's not dependent on the Fiat->BTC relationship.  Granted, it would probably take a little while to get going, but it would be awesome...

I understand Risto's Bitcoin Supernode Hideaway is intended to be all Bitcoin. I'm not sure what his timeline on getting that up and operational is.

2021, I think.

That's quite a ways away. If Bitcoin hasn't caught fire by then, it may never. If it does before, someone is likely to eat his lunch. Then again, if his holdings increase in value, he can probably bring the schedule forward significantly and still have first-mover advantage. Though his choice of location may prove to be an issue.
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