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1781  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 20, 2018, 04:40:29 PM
All right, not only $7500 but $7600 is in a rearview mirror suddenly.
1782  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 20, 2018, 12:00:52 PM
Testing $7500 again...
1783  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 20, 2018, 10:13:21 AM
At what price will the handle of the cup begin forming?

I guess it depends on the scale and what would you consider "old highs"...

https://www.investopedia.com/terms/c/cupandhandle.asp

Quote
As a stock forming this pattern tests old highs, it is likely to incur selling pressure from investors who previously bought at those levels; selling pressure is likely to make price consolidate with a tendency toward a downtrend trend for a period of four days to four weeks, before advancing higher. A cup and handle is considered a bullish continuation pattern and is used to identify buying opportunities.
1784  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 20, 2018, 08:03:43 AM
Updating a falling wedge (56-hour SMA because it makes 3 bottoms line up):

Breaking up, as expected:




But now I think maybe this version is more realistic:




1785  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 19, 2018, 01:58:14 PM
I would also like to submit a repost.


1786  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 19, 2018, 07:36:56 AM
Let’s just roll over and let Russian secret service agents intimidate and interrogate US state department employees on American soil.

Putin assumed Mueller investigators want to come in Moscow to interrogate recently indicted 12 Russians, so he said "I'll allow it, but you'll have to let our investigators do the same". Tit for tat.

But of course he's 100% wrong. Mueller got his PR moment, that's it. He doesn't need to prove anything. Why would he need to interrogate those 12 Russians? It makes no sense.

Mueller will never make such official demands, so what's the point of discussing Putin's pre-emptive counter-demands? It's all empty talk.
1787  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 18, 2018, 12:24:54 PM
But, but... Bitcoin?

1788  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 18, 2018, 11:57:23 AM
It's up to each country what kind of "free" benefits like healthcare they should provide.

America's health businesses have got it nailed. Not only do health providers charge the population, they also make the American government spend more than double per capita what other governments spend for the 'free' stuff.

That's an extremely impressive trick.

I don't think John Oliver is coming back to UK... nice HBO salary far outweighs the negatives.
1789  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 18, 2018, 11:44:24 AM
Google and Amazon etc compete by giving employees not only salaries, but "free" cafeteria food, "free" dental etc.

Rich western countries compete that way too. It's up to each country what kind of "free" benefits like healthcare they should provide.

You don't like "salary+benefits" package, you move to a better country.
1790  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 18, 2018, 11:22:27 AM
Facebook, Twitter, Reddit, YouTube, etc are global platforms, people all over the world use it to discuss freaking everything, including U.S. elections. Better get used to it, because it's not going away, ever. U.S. voters are going to be exposed to opinions of foreigners.

By the way, John Oliver is a foreigner, right?  Roll Eyes
1791  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 18, 2018, 11:09:55 AM
You afraid to answer the question ?

Trump said that under intense pressure from the media. He doesn't actually believe it.

It's obvious that you're trying to put people into a box: "oh you support Trump, so you must agree with everything he said ever".

You think your opponents are so stupid that such primitive tricks might work?
1792  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 18, 2018, 10:59:30 AM
You should work as a journalist, Hairy.  Roll Eyes

"Sir, do you agree with person A when he said that...?"

"Sir, do you agree with persons B and C when they say that...?"

1793  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 18, 2018, 10:43:47 AM
The Republican controlled Senate House Committee came to the conclusion that Russia interfered in the election.

Just so we are clear, you don’t believe the Republican Party when they say Russia interfered in the election?

No. Who cares what party they belong, both corrupt af. Like I said before, they're actual people with their personal agendas. They want to destroy Trump, and the media keeps pressuring Trump every day to "side" with the same "intelligence" people who are plotting to destroy him. That makes no sense.

Why don't they show us the smoking gun already.
1794  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 18, 2018, 10:27:30 AM


Saddam said "I don't have WMDs", but he was a terrible person and a liar, that means the opposite is true. Perfect logic, right?

Why don't they show us the evidence already, the smoking gun, you know. Like a video of Putin's agents sneaking into voting booths across the country, messing with the machines, in the middle of the night before the elections. I mean, something like this actually happened, right? For real? Roll Eyes
1795  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 18, 2018, 08:30:59 AM
You can't hit the highway with a stash of cash in the car without risking the cash and everything else being confiscated.

That shit is the worst. And just imagine having silver and gold instead of cash. They'll confiscate it for sure.
1796  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 18, 2018, 08:22:54 AM
Here’s the thing. In some ways the objective truth doesn’t matter.

The appearance to the world is that the American President is a weak fool.  That damages American interests and it damages Western interests by extension. 

The "appearance" is created and managed by the media, at least 90% of it. President himself through his actions and polices controls maybe 10%.

The media can demonize anyone, or make someone a hero, easily.

So take a guess who is responsible for "damaging American interests and Western interests by extension" here.
1797  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 18, 2018, 07:35:13 AM
So compassion is not really a factor here, right? Only a potential "threat" is a factor.

It’s one factor but needs to be viewed in a broader context, including threat scenarios.  

The bit the alt-right completely misses is when the walls go up, most of them are so poorly educated and poor that most of them will be on the wrong side of the wall, and the wrong end of the sentry guns. By working to destroy social protections, the rootless, low educated, white males who are Steve Bannons troops are only digging themselves a hole.  

I intend to be inside the walls.  But I would rather that there were no walls at all and we all managed to get along peacefully.  

If the walls do go up, it is because we have made bad choices as a society and focused on ourselves to the exclusion of all others, enough to make those others desperate and dangerous.

Yet you're against peaceful relations with Russia. Walls might protect you from poor "low educated white males" masses, but they provide zero protection from nukes, you know.
1798  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 18, 2018, 06:44:31 AM
So compassion is not really a factor here, right? Only a potential "threat" is a factor.
1799  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 18, 2018, 06:30:32 AM
Sanctions, like interest rates, are a crude weapon.

But necessary? Even though poor people in those countries might eventually become extremely dangerous and violent? Still worth it?
1800  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 18, 2018, 05:58:26 AM
I wonder how the same "compassionate" people can support sanctions against other countries, knowing full well that poor people in those countries might eventually become extremely dangerous and violent.
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