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12961  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 25, 2019, 03:00:04 AM
Well we all knew deep down that 7700 wasnt going to hold and when it broke it would get ugly. 

I did not know, either deep down on the inside or otherwise.

I was waiting to see if massive buying (large volume similar to the peak of the mini bubble this summer) occurred once we had a large crash like yesterday, and sadly we didnt get the requisite volume for me to deploy my last fiat stash.

The really strong support is at 6500 so hopefully the Bargain Boyz will step in and load their trucks with massive volume at that level and end this mini bear market inside our bull market that started in Dec. 2018, because this so far has been a dud and the true Bargain Boyz have not arrived yet.

They haven't come yet?  Shit.

A 6500 dollar bottom would still be extremely bullish as we were in the 3-4k range earlier this year.

I agree that $6,500 would not be low enough to knock us out of our current bull market, unless such price levels were to drag out for a very long time, maybe a year or longer?


That is where the true run to 100k starts imo and hopefully it happens sooner than later so we can be done with this mess created by the overzealous parabolic run this summer.

You are kind of gloating, lambie.  I can sense it.    Cheesy Cheesy Cheesy    Roll Eyes Roll Eyes
12962  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 25, 2019, 02:14:39 AM
^^
I just don't believe or have to much faith in TA's they are like a newspaper fun to read and look at but +90% bullsh*t .....



Some hopium charts nice and cool, some bear charts look ugly as hell.... but for me its just HODL and believe that i'm doing the right thing as i'm been doing it for a few years... I have to admit that I don't have to much to regret so the TA's guys are happy, i'm happy everybody happy Cheesy


TA is everythieng in this game. so you must pay attention on it.

3k BTC WILL COME any day here

3k is not scary... you should try harder... why not 1k?  Grin

$3k would scare me, and I might even start to get a bit scared if we start to get close to $5k.

Call me a pussy.



hahahaha


No, don't.
12963  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 25, 2019, 02:11:19 AM
Where is JJGI, JayJuanGee Indicator, in the chart. when he is a real man, BTC is at the bottom. When he switch to a kind bot, bull market. angry bot, bear market. It is the best indicator for TA.

Huh?  I don't change.  I buy BTC if the price goes down and I sell if the BTC price goes up. 

How could that kind of behavior be any kind of indicator of anything... it is largely BTC price neutral, except that I frequently will respond to dumbass troll/shills, like rebal15, so perhaps my increases or decreases in responding to dumbass troll/shills, like rebal15, could be an indication that more or fewer troll/shills, like rebal15, are out and about and gloating?
12964  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 25, 2019, 02:02:55 AM
Instead of getting margin called.

Have small amount of stops before the margin call. Your margin call price will get lower and have a stop before that call. (cross leverage)

Your position will be underwater and need a price above your oginal entry but better than losing it all.

Hopium is only above $9000

Adding to your longs isn't a good idea in this scenario.

Try to stay alive


Everything under $9k is a potential bull trap.

Above $9k and you have to analyze the market & adjust your stops.

Reduce or add but with multiple stops



As much as bitcoin may look like a buy, upside momentum is still zero.

Worse than zero.

Negative zero.

Momentum is bearish.

You are right!!!!!

Probably a good time to short.
12965  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 25, 2019, 02:01:51 AM
Meh.

This is fine.

Unpleasant, for sure... but still fine.

Exactly!!!!!

But I am feeling as if something is missing from all of "this"?



                                                                                                                             
12966  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 25, 2019, 01:09:11 AM
Speaking of which, what's this shit with Dennis Quaid dating someone like 29 years younger ? What do you even have in common with that difference in age (beyond the obvious desire to rut like two caribou in heat)

And?
12967  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 25, 2019, 01:06:57 AM
If we go to below $5,000 I’ll either sell every single asset I own & buy more BTC or I’ll hang myself.
Both options are as likely as each other.

Don't go out like David Carradine.


Exactly!!!!


Don't end up doing both, LFC, when you intended to do only one.  Otherwise, guys (and may even gal) will become angry as fuck at you.

12968  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 24, 2019, 06:23:20 PM
I agree.  Fuck the charts, unless they say something that I like.   Wink

That is the position that the majority of investors take. Confirmatory bias. You can see it in this board, you can see it everywhere.

In general investing, it always causes speculators large losses eventually. In BTC it has only been different because the long term trend was/is so exponetially strong.  Merely an act of faith to hodl. In that sense, all trading/walls/charts/opinions are merely a distraction while waiting for the next leg up. (You , among others, provide a lot of words and are a great distraction ! ).

I see my role as pointing out that nothing is 100% certain, even the survival of BTC.

I have been reading charts a very long time and they are not difficult to understand. IMO they do not definitively predict the future but do provide a reference to the probability scale (of which I know you are a fan).


I don't really agree with what seems to be the sentiment of the bolded part above..... let me repeat it here: "You , among others, provide a lot of words and are a great distraction ! ." Of course, I agree that I literally provide a lot of words; however, you make it sound as if I am trying to pump my bags or something like that or that I am unintentionally misleading folks into a kind of wrong world view.

Sure, my suggestion is that people need to take some stake in bitcoin, and likely a 1% stake is the minimum level of prudence, from my view, but my larger message has largely attempted to be that people have to decide for themselves, take responsibility for their own actions, and exercise their own prudence that is hopefully somehow customized to their own situation. 

In other words (yes it takes words to do this), one of the main problems that I have found with people is that there are a lot of them who do not come anywhere near close enough to even attempting to figure out their own personal and financial situation with any degree of particularity before investing in anything whether bitcoin or otherwise.  So, I don't see myself as forcing any kind of agenda on people beyond attempting to get people to do more homework on themselves and their situation in order that they make wiser choices, especially in regards to getting into bitcoin and largely minimizing their exposure to shit coins. 

My words in these kinds of threads are also to attempt to help myself to work through ideas, and to the extent that I am trying to do anything with evoking action from peeps, rather than brainstorming for myself, has been attempting to solicit thinking from other peeps and brainstorming attempts without really telling them what to do, beyond asserting that they should learn their own situation and adapt to their own situation while being responsible for their own decisions (or dumb or whatever that might be).

Personally, I have tentatively concluded that you are more patronizing towards people than me and chastise them for not adequately considering downside bitcoin scenarios.

Ok. I will concede that maybe in the end, we are largely the same, but kind of seem to come at the bitcoin thingie-ma-jiggie from a different angle. 

Let me give one more pitch attempt.  You seem to strongly suggest that people error on the side of making sure that they adequately consider possible downside BTC scenarios, but for some reason you are nearly constantly stuck on BTC going down, and you are not really telling people to buy BTC (so it seems to me), and I seem to error on the side of strongly suggesting that people make sure that they get into the bitcoin game (while taking responsibility for themselves) and make sure that they make sure that they have enough stake into bitcoin at all times in order to adequately prepare their lil selfies for possible up.    Wink Wink   Cheesy Cheesy Cheesy Cheesy
12969  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 23, 2019, 11:12:57 PM
Back to price analysis....

3.5 month parabolic run at the initial stages of breaking down  Shocked

https://www.tradingview.com/x/PtdtsMU7/


And what should we expect from this?

Parabolic breaks almost always lead to

1) Strong retracements back (~85% - 60% if I recall, don't have the stats in front of me atm)

2) Macro trend reversals (think of bitcoin run ups and what happens, like after btc hit $20k)

Yeah, but we have already had our 85% correction down to $3,122.  Remember December 2018?

We are getting another 60% to 85% correction from the $13,880?  That makes hardly any sense.

Now if you were talking about a 60% to 85% correction from some kind of new ATH or something like that, then you might be starting to make some senses.  Perhaps?

In other words, the impression that I am getting is that you are one of those loonies or shills who are spreading disingenuous pie in the sky thinking rather than attempting to grapple with on-the-ground BTC price dynamic realities.

Lol bless your little heart....  you were so quick to lash out, you didn't read the chart right.  It's inverted.  The parabola I'm showing is from ~13.8k to ~7.8k.  I'm suggesting the downtrend is about to macro reverse or at least "pull back" ~60 to 80%.

Personally, I'm guessing it's a macro reversal.  We need to start slow grinding up to the previous ATH over the next ~6 months or history won't repeat itself like the world is expecting. 

Aren't you so precious for dealing in puzzles?


NOT


 Roll Eyes Roll Eyes
12970  Other / Meta / Re: 10th anniversary art contest on: October 22, 2019, 05:59:14 AM
Don't judge me. Not an artist. This is supposed to reflect the current state of this forum that has more altcoin talkers than Bitcoin.



Seems a bit glass half full-ish, but hey what do I know?  It is straight-forward message "art" of a "NOT artist" (your words, not mine).  Go figure!!
12971  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 22, 2019, 05:12:52 AM


I still think that we are still in a kind of late 2015 to early 2016 period... still waiting for the May 2016 breakout.  

We already had our October/November 2015 break out, and that was when we broke up to $13,880.  Of course, no two breakouts or chart patterns are going to look alike, but still Majormax, you should at least be attempting to compare the correct areas of the fractal.  AmiNOTrite?

Yes absolutely... Please show me which are the correct areas on that particular chart.

Unless I read your post incorrectly, I was only trying to suggest that your earlier comment seemed to have been suggesting that we are in an August 2017-like scenario currently.  So, I thought that was a wrong assumption.  Again, maybe I misunderstood your earlier post, but that was why I was trying to suggest that it seems that we are still in early 2016 - and I am not even trying to suggest where we go from here... except maybe up in the next few years ... without any real presumption about whether more correction might happen from where we are right now.

Not Aug'17 scenario, but Feb '18, the shape of a decline from a peak.  I am only responding to the chart that was posted. The analysis (not mine) was apparently that the action of the last 6  months was comparable to some other period (fractal) and suggestion was that it portended a rise. Well, all I could see from that chart was a similarity (in chart shape, which is what a fractal is)  , between the last 6 months and Aug 2017 to Feb 2018. I don't really understand the poster's assertion.

On another point, the 60-85% decline from a parabolic peak does not need to be from an ATH.  The danger I was going on and on about in  Jun and ever since, was that a parabolic move failed at 13500 approx. That is nearly always bad news, holding price back for longer in a bull market , or leading to the next downphase in a bear market.

On balance I still believe we are in a longer bull phase, but it is unwise to entirely dismiss alternative scenarios (or call them 'impossible'). The chart has issued this warning. It would be more positive if the present price of ~8k had been arrived at by a steady rise May thru October, rather than the too-fast failed attempt at 14k. As it is , the chart now shows a distinct falling trend from July. That is merely observation.

I doubt that either of us are going to assert that any scenario is impossible, the various scenarios just become a matter of probability and also the extent to which we see the rise from $4,200 to $13,880 as a kind of failure to break out or as a break out that just needs some time to consolidate before moving further up.  Even though, to me, you seem more inclined to recognize some kind of failure to break out, I consider the matter to be a kind of unexpected equity cushion that has been created, and likely some difficulties to return all the way back to $4,200 break out point which is a kind of relief in my thinking to have so much cushion between our current price and the $4,200 and below territory in which we were floating prior to April 1.  

Yeah, we can talk about preferences that bitcoin would have moved more slowly and gradually up to $8k, like you said, but that is way too fucking boring for bitcoin.  She does not work like that.  She works, partly, by engaging in exaggerated price moves that no one expected, and she does it because she can.  And, for that reason, no one really has any meaningful ability to predict what she is going to do next, except for knowing that if we have enough capital, then we can attempt to push her beyond expectations (and perhaps that does not always work, but some whales are going to make some efforts in that direction and try to see if they can get their momentum to stick and to either make a profit on the way up or make a profit on the way down).

Probably you and I are not saying anything too much different from each other, except that you seem to want to emphasize down, and I continue to want to remain hopeful about any up that might occur.  Each of us believes that we are more correct than the other in how we describe bitcoin price dynamics, and in the end, we are saying very similar things with somewhat disparate emphases.

Charts can be dismissed as so much claptrap of course, but if we are going to analyse them, may as well do it properly.

In the end, if anyone doesn't like the conclusion of chart analysis, they can say these things don't apply to BTC. Just pick a number out of the air.

I agree.  Fuck the charts, unless they say something that I like.   Wink

12972  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 22, 2019, 04:53:52 AM
I'm starting to ramble on like JJG here. I better wrap this up.

Yeah.  You would not want to ramble like me, you might start making some sense.

hahahahahahaha    Cheesy Cheesy Cheesy Cheesy
12973  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 22, 2019, 04:38:54 AM
Current Weekly outlook: TD Sequential 9 currently up for grabs this week, haven't seen one of these since April 2019 and July 2018.
Full moon didn't do sh*t to decide, hoping this week can define a direction for the following weeks/months.
Looking at three potential scenarios long-term, as shown by A (bullish TD 9), B (wedge breakdown) and C ("bullish TD 9).

Part 9: TD Sequential 9 Next Week To Decide Direction?
..


Source: TradingView, October 20th 2019

Next week looks set for a bullish TD Sequential 9 on the Weekly chart that hasn't been seen since July 2018. Back then this led to a 40% increase in the price of Bitcoin followed by 4 months of consolidation. This scenario is labeled "A". Extrapolation C is the inverse of the "bearish" TD 9 in April 2019 that led to a continuation of the bull trend. Hence, C is labeled as the "bullish" TD 9 but would be the most bearish scenario. Scenario B is the extrapolation of the 2018 wedge breakdown, as documented in Part 1 of the Bitcoin repeating history series.

The two year vpvr "average price" is referenced as a key level to break (and close) above at $8376.



I am not sure if I understand the overall proposition, of the above.

Shouldn't three possible scenarios be something more closely resembling: 1) Up 2) down or 3) flat?

How could you have proposed three possible scenarios that are: 1) Up 2) down or 3) up?   Confusioning!!!

Updated the quote, highlighted the relevant scenario. The "bearish" TD 9 in April was bullish af basically, hence if the opposite occurred the "bullish" TD 9 could be bearish af.
Obviously anything could happen, like another 8 different scenarios that somewhat overlap. I just like my comparisons to see that this current price movement isn't that unique at all.
Hope that it explains it, not very good at explaining these things. Only making drawings really.
This wasn't meant to tell you where the price is going, but potentially why, same as Part 8.

Actually, I prefer to predict where the price has been rather than where it is going, too - especially if we are talking about short term predictions and the future.    Wink
12974  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 21, 2019, 06:56:11 PM
Back to price analysis....

3.5 month parabolic run at the initial stages of breaking down  Shocked

https://www.tradingview.com/x/PtdtsMU7/


And what should we expect from this?

Parabolic breaks almost always lead to

1) Strong retracements back (~85% - 60% if I recall, don't have the stats in front of me atm)

2) Macro trend reversals (think of bitcoin run ups and what happens, like after btc hit $20k)

Yeah, but we have already had our 85% correction down to $3,122.  Remember December 2018?

We are getting another 60% to 85% correction from the $13,880?  That makes hardly any sense.

Now if you were talking about a 60% to 85% correction from some kind of new ATH or something like that, then you might be starting to make some senses.  Perhaps?

In other words, the impression that I am getting is that you are one of those loonies or shills who are spreading disingenuous pie in the sky thinking rather than attempting to grapple with on-the-ground BTC price dynamic realities.
12975  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 21, 2019, 06:49:37 PM
Back to price analysis....

3.5 month parabolic run at the initial stages of breaking down  Shocked

https://www.tradingview.com/x/PtdtsMU7/


And what should we expect from this?

Doesn't look good.  

12976  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 21, 2019, 06:46:05 PM
Current Weekly outlook: TD Sequential 9 currently up for grabs this week, haven't seen one of these since April 2019 and July 2018.
Full moon didn't do sh*t to decide, hoping this week can define a direction for the following weeks/months.
Looking at three potential scenarios long-term, as shown by A (bullish TD 9), B (wedge breakdown) and C ("bullish TD 9).

Part 9: TD Sequential 9 Next Week To Decide Direction?
..


Source: TradingView, October 20th 2019


I am not sure if I understand the overall proposition, of the above.

Shouldn't three possible scenarios be something more closely resembling: 1) Up 2) down or 3) flat?

How could you have proposed three possible scenarios that are: 1) Up 2) down or 3) up?   Confusioning!!!
12977  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 21, 2019, 06:22:17 PM
Who the fuck you calling goyim? Fuck off with that offensive shit. After all we've done for you.

Oh?  I thought "goyim" was a term of endearment.  Maybe I am miss understanding dee retarded evil little quasi-irrelevant roachie more than I had previously believed?  Go figure.
12978  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 21, 2019, 06:19:48 PM


I still think that we are still in a kind of late 2015 to early 2016 period... still waiting for the May 2016 breakout. 

We already had our October/November 2015 break out, and that was when we broke up to $13,880.  Of course, no two breakouts or chart patterns are going to look alike, but still Majormax, you should at least be attempting to compare the correct areas of the fractal.  AmiNOTrite?

Yes absolutely... Please show me which are the correct areas on that particular chart.

Unless I read your post incorrectly, I was only trying to suggest that your earlier comment seemed to have been suggesting that we are in an August 2017-like scenario currently.  So, I thought that was a wrong assumption.  Again, maybe I misunderstood your earlier post, but that was why I was trying to suggest that it seems that we are still in early 2016 - and I am not even trying to suggest where we go from here... except maybe up in the next few years ... without any real presumption about whether more correction might happen from where we are right now.
12979  Other / Meta / Re: 10th anniversary art contest on: October 21, 2019, 03:51:16 AM


snip


Just so you know, spamming this thread with several posts per day is probably not going to help your chances to win... Just so you know.


I know I can't win.
I'm not writing for bounty either.
I know it's not forbidden to send messages every day.
I'm trying to have a good time.
Thank you

Yeah.. Deathwing.  You party poop.

Don't you know that "girls just wanna have fun?"   Tongue
12980  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 21, 2019, 02:27:47 AM
I think it's time to take off, there have been many Bitcoins moves towards some exchanges, Binance, Bitfinex ... that bullish momentum is needed to put this more exciting.



Source:@CryptoDingue

The next movements may be looking for new offer levels of $ 8k and up.



I don't like the look of that chart . The last 8 months is too similar to Aug 2017 to Feb 2018, and suggests a new leg down to sub 3k., rather than upside.

Better scrub that and try a more positive analysis.

I remember August 2017 to December 2017 being a quite wonderful feeling.

I still think that we are still in a kind of late 2015 to early 2016 period... still waiting for the May 2016 breakout. 

We already had our October/November 2015 break out, and that was when we broke up to $13,880.  Of course, no two breakouts or chart patterns are going to look alike, but still Majormax, you should at least be attempting to compare the correct areas of the fractal.  AmiNOTrite?
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