Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[BlindMayorBitcorn]

Post your address on here and we'll send some armed police around. If Bitcoin itself doesn't offer any action then let the forum add some spice to your life.

I seem to remember a service where you can pay to get people to tweet bad things about you. That always struck me as a charming idea that should have been more popular.

[1714662310]

1714662310

[gentlemand]

That's online pussy shit. The only thing that makes you feel more alive than a new all time high is the cold steel of a uniformed bigot's gun barrel working its way into your thong.

[coins101]

Sideways until....insert here______, when the price will go to...insert here_____

[BlindMayorBitcorn]

That's online pussy shit. The only thing that makes you feel more alive than a new all time high is the cold steel of a uniformed bigot's gun barrel working its way into your thong.

I don't think these are mutually exclusive business ideas. Police can tweet some pretty mean stuff, dawg.

[billyjoeallen]

I'm the king of sideways. Makin' mo $$$$$$$$$.

Margin funding interest rate is down a bit and that concerns me, but we are close to a 4 hr Moving average crossover, and there might be a short term pump. I just don't wanna play anymore. Not with ~20% APR guaranteed.

Everything everything is so damn risky. Even if there is a consensus on larger blocks, there will prolly be a spike before I even find out about it. I'll have to get in on the retracement. So what? I'm not counting coins anymore. I'm just looking for ROI.

Price will likely double or more with 2MB blocks so what are the damn miners waiting for?  Is basic economic literacy really so rare?

[TReano]

Shanghai Composite again down 1,5% at opening....



Damn the stock markets are developing into a blackhole...

[coins101]

Shanghai Composite again down 1,5% at opening....



Damn the stock markets are developing into a blackhole...

'Don't touch Bitcoin because it's too volatile', all the Wall St types said 

[ChartBuddy]

Coin



Explanation

[iCEBREAKER]

Shanghai Composite again down 1,5% at opening....



Damn the stock markets are developing into a blackhole...

'Don't touch Bitcoin because it's too volatile', all the Wall St types said 

'The financial crisis is over', all the Gavin types said 

[Mrpumperitis]

gemini adding new coins.....https://blog.gemini.com/introducing-multi-user-accounts-and-performance-upgrades/     

[BitThink]

gemini adding new coins.....https://blog.gemini.com/introducing-multi-user-accounts-and-performance-upgrades/     

Didn't see 'new coins' were mentioned in the link you provided.

[Mrpumperitis]

gemini adding new coins.....https://blog.gemini.com/introducing-multi-user-accounts-and-performance-upgrades/     

Didn't see 'new coins' were mentioned in the link you provided.

"And even if you don’t use our new User Management features, there’s a lot more in store over the next few months. Our engineering team is currently hard at work to bring you new connectivity options, faster deposits and withdrawals, and, at long last, new currencies to trade. At the same time, our intrepid legal team is hard at work getting Gemini approved to operate in all 50 states, as well as, around the world."

It’s going to be an exciting year for Gemini, and I hope you’ll join us for the ride.

Onward and upward,

Eric Winer
VP of Engineering

and read the comments 

[yefi]

You've been Four Punch Raided, boys and girls.

Google turns up four results for "four punch raid". Wanna ELI5?

Is it SFW?

Just something that Billy came up with
https://bitcointalk.org/index.php?topic=956051.0

The Four Punch Raiders are real. This picture was painted by a first-hand witness of their pillaging.

[ChartBuddy]

Coin



Explanation

[JayJuanGee]

I bought at 380 thinking it would only go up, and you know what? I hate being wrong ><

The common traders emotion, "Why does the price always go down after I buy and goes up right after I sell". Well we just need to wait for a little while for the price to push around the $390 mark again.

True, but I see only a lowering trend and it's bothering me a lot  

Probably, you need to zoom out a little bit in order to have a better perspective.


Sometimes, I wonder, unless it is just for trolling effect, how posters can get so worked up about the price movement within one or two weeks or some other selective period of time that shows a downward trend.  

We have both downward and upward trends in bitcoin, and both can be occurring at the same time depending on the timeline that you are describing.

Surely, we may have some continuing and ongoing downtrend, even below $300 - however, if we realize that to be a possibility, then we should prepare for such - which doesn't necessarily mean betting all of our BTC holdings that it is going below $300, when we may only see that as a less than 10% probability.

At this point, I am inclined towards thinking the next 5% adjustment in BTC prices will be down... I give it a 53% for down and 47% for up....   But really it is not a clear and convincing conviction merely to be inclined to believe one way or the other.

Not trolling dude... Merely worrying about the future that's all...

I'm glad you have so much faith in bitcoin and so much self control. I for myself am a bit worried about a potential stagnation linked to the issues btc is facing. I don't like seeing the lowering trend of the past weeks, and I don't want to see a new age of 280/300 $ that's all.

Yeah, but you are getting a bit unrealistic when you get so caught up such recent BTC history when btc's performance and fundamentals are much stronger than the past few weeks of bitcoinlandia drama.  Also, historically, there has been quite a bit of drama and stories about doom and gloom and death of bitcoin, yet bitcoin is still quite strong and doing considerably well, given the many indirect and direct attacks that it has received and continues to receive (even if prices were to go into the $280/$300 price range).

I feel a lot better if BTC prices go up (and I profit more), but really I cannot control that kind of price movement or even influence the market in any kind of meaningful way.  

Accordingly, I have been engaging in a variety of steps to attempt to protect myself on both ends, and even to cause some profits no matter the direction of BTC's price movement - even though at the time being, I profit quite a bit more if the price goes up rather than going down.  

Overall, I am betting that the long term BTC prices are going to go up rather than down or flat, yet I am attempting to employ tactics and strategies in order that I can withstand continued ongoing downward manipulation and/or delays in that anticipated upward trajectory by not investing more than I can afford to lose and also staggering my bets along the way in both directions.

In essence, I have been buying on the way down and selling on the way up, and in that regard, I apportion the amounts that I am buying and selling according to my own view of the future (at any particular moment), and my tolerance of risk within the consideration of the possibility that some fluke (whether man-made or natural) could cause bitcoin prices to plummet to zero or near zero.

juangee... you really need to stop spreading these false rumors that bitcoin is doing just fine.. until the bloatchain not scaling issue is resolved then bitcoin is not doing alright at all, regardless of how many foos are buying it.. all the people who are buying bitcoin atm are at risk that bitcoin may never scale.. until it does then it doesnt .. it don't matter how much you promise it will be fixed .. it has been EIGHT MONTHS we been waiting .. #ridiculousness   ... at the rate is going BitcoinPure will be released and forked bitcoin while u tards are still trying to figure out who is the ruler of bitcoins and who owns the fees.

I'm  not sure whether the assertions of your above post are worthy of any thoughtful response.. because you are coming off as a bit dogmatic and disingenuous regarding what you may be attempting to achieve through your various posts to denigrate bitcoin.


I have no control over anything related to the direction of bitcoin or people who participate in bitcoin in a variety of ways.


The only thing that i can do is attempt to share my experiences and perspectives while attempting to understand the concerns of others as these evolve.

You, Aztecminer, are frequently acting as a broken record and a narrow agenda propagandist that hardly seems to incorporate his own experiences into his posts..... if you happen to be a real person.. beyond your shilldom appearance.

You merely seem to be engaged in multiple pump agendas including PMs and negativities concerning your assertion of bitcoin's purported failings without any real and meaningful factual analysis or context, but instead simple and illogical theories (such as your ongoing Marshall's pump baloney theory and some other nonsense that you post that is really unworthy of any deep investigation into your superficial bullshit) in order to spread FUD and disinformation, while accusing others of the same.

I have no agenda of spreading any kind of influence over forum readers or participants or to cause these people to do anything beyond exercising their own thinking about bitcoin and beyond my own attempts at brainstorming with others herein concerning bitcoin and its various applications in order for me to better understand bitcoin and to attempt to make more reasonable plans and projections for myself and my bitcoin investment based on information that I gather and share in the threads of this forum.

TLDR:  you, Aztecminer, appear to be a dumb shit shill engaged in finger pointing and FUD spreading rather than constructive postings concerning bitcoin matters.   

[bargainbin]

...
The Four Punch Raiders are real. This picture was painted by a first-hand witness of their pillaging.

The jib covering over [whatever those square sails with "four punch" are called] came out nice

[JayJuanGee]

I'm the king of sideways. Makin' mo $$$$$$$$$.

Margin funding interest rate is down a bit and that concerns me, but we are close to a 4 hr Moving average crossover, and there might be a short term pump. I just don't wanna play anymore. Not with ~20% APR guaranteed.

Everything everything is so damn risky. Even if there is a consensus on larger blocks, there will prolly be a spike before I even find out about it. I'll have to get in on the retracement. So what? I'm not counting coins anymore. I'm just looking for ROI.

Price will likely double or more with 2MB blocks so what are the damn miners waiting for?  Is basic economic literacy really so rare?

I'm sure that no matter what you are making money, because you are so wonderful... even when you are whining, you are making money.   

[billyjoeallen]

The logarithmic uptrend is broken on the five year chart.  If you wanna zoom out, zoom out motherfucker. It's the scalability problem.  It's gotta get a lot worse before it gets better (IF it gets better) because some people are so stupid, they require an extreme amount of pain before they learn anything. 

You're not trading efficiency for censorship resistance. Majority mining power is concentrated in one country with a totalitarian government. The People's Bank of China has a million man army behind them and they could take over our network with a few phone calls.  The only reason Bitcoins functions is because the ChiComs LET it function. That  battle has already been lost. So smallblockers want to keep bitcoin from scaling for NO REASON!

So we're going down or sideways.  If we go up, new users are attracted, blocks fill up, transactions slow down and get expensive,  then we have to go down or face a network congestion failure. 

They got us. The bad guys won. Subsidized electricity and consensus governance brought us down. Meanwhile a bunch of other cryptocurrencies are waiting in the wings to claim the prize we fucking threw away. 

[JayJuanGee]

The logarithmic uptrend is broken on the five year chart.  If you wanna zoom out, zoom out motherfucker. It's the scalability problem.  It's gotta get a lot worse before it gets better (IF it gets better) because some people are so stupid, they require an extreme amount of pain before they learn anything. 

You're not trading efficiency for censorship resistance. Majority mining power is concentrated in one country with a totalitarian government. The People's Bank of China has a million man army behind them and they could take over our network with a few phone calls.  The only reason Bitcoins functions is because the ChiComs LET it function. That  battle has already been lost. So smallblockers want to keep bitcoin from scaling for NO REASON!

So we're going down or sideways.  If we go up, new users are attracted, blocks fill up, transactions slow down and get expensive,  then we have to go down or face a network congestion failure. 

They got us. The bad guys won. Subsidized electricity and consensus governance brought us down. Meanwhile a bunch of other cryptocurrencies are waiting in the wings to claim the prize we fucking threw away. 

Why get so emotional regarding the topic?

And, what is the big deal if some alt takes over bitcoin? 


If there is a better alt, then let it pave the way, and we can all jump on board that one...


The fact of the matter is that there is no alt that is even in any parameters of close to bitcoin...

Name one?


You can't because you are just spreading bullshit FUD regarding non-important and speculative matters...

Your matters are so speculative that they are even beyond the scope of this  speculation thread because they are lacking almost any foundation... especially ones concerning the supposed pending take over of some not-yet identified alt coin.

[JayJuanGee]

I did find the OP of the below thread to be fairly interesting concerning techniques of Forum infiltrators to throw off topics:


https://bitcointalk.org/index.php?topic=1319384.msg13485116#msg13485116


Surely, some forum members are already aware of the employment of these kinds of various infiltration tactics.