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5901  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 01, 2018, 09:52:04 PM
I’m not a believer until $11,200


You gotta think BIGGER than that.  $11,200 is cake... or easie peasie.

Let me see breaking above $12k before I begin to believe - It may take a day or two to get to $12k-ish, if we are going there, and then breaking above would be a decent sign of UP.


Since when have you been a bear?

$11,200 to me means the downtrend has been convincingly broken.  I have not even begun to think about $12k.  That is a problem for another day.   

The kettle is starting to warm up though.   I am beginning to see that we might get there. But not yet.
5902  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 01, 2018, 08:57:27 PM
I’m not a believer until $11,200
5903  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 01, 2018, 07:34:17 PM
Bitcoin.com wallet stores seed in plain text.  No one surprised. https://www.coinbureau.com/news/jaxx-bitcoin-com-wallet-vulnerabilities-discovered-researchers/
5904  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 01, 2018, 07:25:16 PM
At least it’s better than the Petro.  Marshall Islands to issue own crypto called the Sovereign.  Will be legal tender.

https://www.coindesk.com/meet-sovereign-marshall-islands-government-issue-crypto-token/

5905  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 01, 2018, 07:10:28 PM
Maybe.  I think if we can get to $11,200 it will be all on for young and old.  But I’m not quite seeing the path to $11,200. 
5906  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 01, 2018, 07:05:44 PM
I dunno guys. Shorts have not yet capitulated and overall mem pool is dropping.  We are testing $11k right now but I’m not quite feeling the vibe yet.

We are also testing the underside of the trend line for Bitstamp.  Even a couple hundred dollars more in price would be a big deal at this point. 
5907  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 01, 2018, 12:37:16 PM
Shorts losing some dominance.  Ratio of longs to shorts 1.5:1 and rising slowly.
5908  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 01, 2018, 12:01:44 PM
We are going to see a widespread shift of financial instruments onto blockchains.  None of this blockchain for dentists - no one gives a shit about that.  But definitely blockchain for all sorts of peer to peer lending, insurance and other exotic instruments not even dreamed up yet.  
5909  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 01, 2018, 11:48:57 AM
I don’t really see anything wrong with that?  Some people are busy and handy to have it packaged for them?

Edit:  BTC dominance 40%.
5910  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 01, 2018, 11:42:44 AM
Possible emerging trend of using trend line as support rather than resistance

5911  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 01, 2018, 11:15:39 AM
No Pants Friday is coming
5912  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 01, 2018, 10:40:09 AM
I suppose if we keep constantly violating the trend line like this eventually  it will cease to have any meaning.

From a Dark Forest perspective, we really are doing better than expected.

5913  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 01, 2018, 10:27:45 AM
Another break out.  I’m not convinced - am calling bull trap. 

5914  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 01, 2018, 09:11:35 AM
Badger is a pussy.  Shorts still weighing on the market.

5915  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 28, 2018, 08:12:14 PM
Spike in mem pool activity over the past 4 hours
Doesn't sound good.

Looks organic rather than panicked.  I’m going mildly bullish. 
5916  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 28, 2018, 07:41:32 PM
Spike in mem pool activity over the past 4 hours
5917  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 28, 2018, 07:26:59 PM
More fence sitting

5918  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 28, 2018, 10:46:11 AM
Back inside the perimeter.   Shorts continue to weigh on the market. 


5919  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 28, 2018, 09:49:08 AM
You probably don’t want to draw baseline support on that chart Toxic.
5920  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 28, 2018, 07:14:41 AM


Quote
Despite his grand agility,
Badger is pushed against a tree.
Bear strikes and rips the cloth around the ratel's chest
Unraveling a pendant that he wore since he left the nest.

Call it a coin, or a talisman,
Some even say it's a moon fragment.
Engraved with the letter B for Bit,
Name given lawfully, along with the coin, by his parents.

Upon its revelation to the moon,
The coin of Bit casts a ray of blinding light,
Into the eye of the unlucky wight,
With such power, such might,
That the bear stands petrified, about to swoon.

Badger grabs the welcome opportunity
to send his farewell and flee...

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