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

[hodl_2015]

Mass adoption

What is a currency that you can only spend on a selection of government approved products and services really worth?
The switch to Euro's was well planed to include all "non registered" businesses. They didn't want half the economy of some countries to keep using the German-Mark, or worse, switching to Dollars.

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[JayJuanGee]

...
don't worry the "stable price" we've been seeing for past 48hours (420-425) is almost over, it's decision time.

>70% chance it resolves down IMO

Actually I expect a little pump first, fail to break resistance and then down. And the evolution of the bid sum on Chinese exchanges favors a pump.
I might shit myself if the pump does break resistance though...

no way it's going to crash hard, any second now.

Where's the resistance Tzupy?   Maybe around $438, or would you place it higher, like $448?  I personally consider it to be around $438... but I'm just kind of guessing (like most of us).

The (little?) pump started, as for resistance, I guess about 15$ from the starting point, in the bearish short term scenario. If it breaks 450$, I'll buy the next dip.

As I expected, the little pump hit heavy resistance, and now we have a nice dump.
Hard crash could start tomorrow, now it's a bit early IMO, needs to break support at 415$ to persuade the panic sellers.

I'm glad that you seem to have been only partially correct on this.


and we seem to be back on our way up?  There may be a decent possibility that we break through the $438, this time and give $448 a run for its money...

Then comes $467... I am having my doubts about being able to penetrate either the $448 or the $467 in the coming several days, but never say never in bitcoinlandia.

[tomothy]

Should I buy 20-30 btc now ?

yes

Maybe? Buy half now and wait for breakout to determine up or down. I like the sideways.

Re:ddos, who's getting dosed again?
Re: trump immigration, the world's immigration policy is a mess due to multiple failed nation states. The eu is on the verge of collapse. The us doesn't face the same level of crisis. US southern immigration seems to be suffering also from low oil and narcotics operations. On the flip side, farms need immigrant labor in order to function.  Increased labor cost = more food spoilage. If you built a southern wall this would just change the path of immigration from the south to elsewhere. Normalizing wages could help but labor is cheap and will relocate to continue to be cheap. It was China than southeast Asia and probably eventually Africa or mideast when oil profits leave. /bitcoin?

[bargainbin]

Mass adoption

What is a currency that you can only spend on a selection of government approved products and services really worth?
...

If you crave child porn & krokodil, not much

[JayJuanGee]

Should I buy 20-30 btc now ?

yes

Maybe? Buy half now and wait for breakout to determine up or down. I like the sideways.

 

Seems to be decent advice if you are not very much in BTC at this point, but I really don't like buying on the way up.. unless you have not boughten any so far.

Otherwise a good overall practice is to buy on the way down and sell on the way up.

[BlindMayorBitcorn]

Regarding Sweden:

The UNODC itself discourages any cross-national comparisons based on their reports, because of the differences that exist between legal definitions, methods of offense counting and crime reporting.

The high number of reported rapes in Sweden can partly be explained by the comparatively broad definition of rape, the method of which the Swedish police record rapes, a high confidence in the criminal justice system, and an effort by the Government to decrease the number of unreported rapes.

...
Unlike the majority of countries in Europe, crime data in Sweden are collected when the offence in question is first reported, at which point the classification may be unclear. In Sweden, once an act has been registered as rape, it retains this classification in the published crime statistics, even if later investigations indicate that no crime can be proven or if the offence must be given an alternative judicial classification


Do you even Wiki?

That shit cuts both ways and is obfuscating by design. Sometimes a slap on the ass is filed under sexual assault, right alongside rape cases. And sometimes rapes are filed under sexual assault, right alongside slaps on the ass. It all depends who the rapist is and who is the rapee.

What we can say for sure is that the number of sexual transgressions increase as immigration does. From there all we need to do is extrapolate. And given that cops in many countries are under orders to downplay any kind of immigrant problems, sexual crimes included, it is not hard to see which way things are going.

Extrapolations regarding Canada:

It's the kidnapping capital of the Americas!

Official figures from the United Nations show that there were 12 kidnaps per 100,000 in Canada in 2010. That compares with only 0.6 in Colombia and 1.1 in Mexico. Can this possibly be explained by the fact that parental disputes over child custody are included in the figures? Nope. Canadians are obssessed with kidnapping. It's a deep-rooted part of their cultural heritage. Trust me. I've been kidnapped 5 times on three seperate occasions. It hurts, man.

I preen for Satan.

 

[ChartBuddy]

Coin



Explanation

[Tzupy]

...
As I expected, the little pump hit heavy resistance, and now we have a nice dump.
Hard crash could start tomorrow, now it's a bit early IMO, needs to break support at 415$ to persuade the panic sellers.

I'm glad that you seem to have been only partially correct on this.

and we seem to be back on our way up?  There may be a decent possibility that we break through the $438, this time and give $448 a run for its money...

Then comes $467... I am having my doubts about being able to penetrate either the $448 or the $467 in the coming several days, but never say never in bitcoinlandia.

Yeah, this doesn't look bearish, so IMO no crashing today, and if 12h MACD divergence turns green, it's possible to break 450$, later 500$...

[ChartBuddy]

Coin



Explanation

[BlindMayorBitcorn]

...
As I expected, the little pump hit heavy resistance, and now we have a nice dump.
Hard crash could start tomorrow, now it's a bit early IMO, needs to break support at 415$ to persuade the panic sellers.

I'm glad that you seem to have been only partially correct on this.

and we seem to be back on our way up?  There may be a decent possibility that we break through the $438, this time and give $448 a run for its money...

Then comes $467... I am having my doubts about being able to penetrate either the $448 or the $467 in the coming several days, but never say never in bitcoinlandia.

Yeah, this doesn't look bearish, so IMO no crashing today, and if 12h MACD divergence turns green, it's possible to break 450$, later 500$...

Bear raids are pretty weak beans these days.

Currently blaming: [Liquid sidechain]

 

[billyjoeallen]

...
As I expected, the little pump hit heavy resistance, and now we have a nice dump.
Hard crash could start tomorrow, now it's a bit early IMO, needs to break support at 415$ to persuade the panic sellers.

I'm glad that you seem to have been only partially correct on this.

and we seem to be back on our way up?  There may be a decent possibility that we break through the $438, this time and give $448 a run for its money...

Then comes $467... I am having my doubts about being able to penetrate either the $448 or the $467 in the coming several days, but never say never in bitcoinlandia.

Yeah, this doesn't look bearish, so IMO no crashing today, and if 12h MACD divergence turns green, it's possible to break 450$, later 500$...

Bear raids are pretty weak beans these days.

Currently blaming: [Liquid sidechain]

 

Is that even up and running yet?

[billyjoeallen]

...
As I expected, the little pump hit heavy resistance, and now we have a nice dump.
Hard crash could start tomorrow, now it's a bit early IMO, needs to break support at 415$ to persuade the panic sellers.

I'm glad that you seem to have been only partially correct on this.

and we seem to be back on our way up?  There may be a decent possibility that we break through the $438, this time and give $448 a run for its money...

Then comes $467... I am having my doubts about being able to penetrate either the $448 or the $467 in the coming several days, but never say never in bitcoinlandia.

Yeah, this doesn't look bearish, so IMO no crashing today, and if 12h MACD divergence turns green, it's possible to break 450$, later 500$...

Bear raids are pretty weak beans these days.

Currently blaming: [Liquid sidechain]

 

all I see is $25 million in leveraged longs compared to 12K BTC shorts. That's money for the taking for anyone with a big enough bankroll.

[Chef Ramsay]

...
As I expected, the little pump hit heavy resistance, and now we have a nice dump.
Hard crash could start tomorrow, now it's a bit early IMO, needs to break support at 415$ to persuade the panic sellers.

I'm glad that you seem to have been only partially correct on this.

and we seem to be back on our way up?  There may be a decent possibility that we break through the $438, this time and give $448 a run for its money...

Then comes $467... I am having my doubts about being able to penetrate either the $448 or the $467 in the coming several days, but never say never in bitcoinlandia.

Yeah, this doesn't look bearish, so IMO no crashing today, and if 12h MACD divergence turns green, it's possible to break 450$, later 500$...

Just go ahead and short it on max leverage anyways which is what comes natural to you, nothing possibly could go wrong amIrite?

[ChartBuddy]

Coin



Explanation

[S3052]

...
As I expected, the little pump hit heavy resistance, and now we have a nice dump.
Hard crash could start tomorrow, now it's a bit early IMO, needs to break support at 415$ to persuade the panic sellers.

I'm glad that you seem to have been only partially correct on this.

and we seem to be back on our way up?  There may be a decent possibility that we break through the $438, this time and give $448 a run for its money...

Then comes $467... I am having my doubts about being able to penetrate either the $448 or the $467 in the coming several days, but never say never in bitcoinlandia.

Yeah, this doesn't look bearish, so IMO no crashing today, and if 12h MACD divergence turns green, it's possible to break 450$, later 500$...

Just go ahead and short it on max leverage anyways which is what comes natural to you, nothing possibly could go wrong amIrite?

shorting might not be a bad idea in the short term time scale..

[Tzupy]

...
As I expected, the little pump hit heavy resistance, and now we have a nice dump.
Hard crash could start tomorrow, now it's a bit early IMO, needs to break support at 415$ to persuade the panic sellers.

I'm glad that you seem to have been only partially correct on this.

and we seem to be back on our way up?  There may be a decent possibility that we break through the $438, this time and give $448 a run for its money...

Then comes $467... I am having my doubts about being able to penetrate either the $448 or the $467 in the coming several days, but never say never in bitcoinlandia.

Yeah, this doesn't look bearish, so IMO no crashing today, and if 12h MACD divergence turns green, it's possible to break 450$, later 500$...

Just go ahead and short it on max leverage anyways which is what comes natural to you, nothing possibly could go wrong amIrite?

No, thank you, I'll wait for the right time to short with max leverage. But it seems that time is not now.

[BlindMayorBitcorn]

...
As I expected, the little pump hit heavy resistance, and now we have a nice dump.
Hard crash could start tomorrow, now it's a bit early IMO, needs to break support at 415$ to persuade the panic sellers.

I'm glad that you seem to have been only partially correct on this.

and we seem to be back on our way up?  There may be a decent possibility that we break through the $438, this time and give $448 a run for its money...

Then comes $467... I am having my doubts about being able to penetrate either the $448 or the $467 in the coming several days, but never say never in bitcoinlandia.

Yeah, this doesn't look bearish, so IMO no crashing today, and if 12h MACD divergence turns green, it's possible to break 450$, later 500$...

Bear raids are pretty weak beans these days.

Currently blaming: [Liquid sidechain]

 

Is that even up and running yet?

Sure it is. BTCC and Samson Mow are all over it. I'm pretty sure that's how they saved Bitcoin.


I feel like someone hasn't been appreciating the way they ought to be.

https://bitcointalk.org/index.php?topic=1305286.msg14023324#msg14023324

[ChartBuddy]

Coin



Explanation

[yefi]

They [white guys] developed the scientific method.  Newton's physics. Adam Smith's economics, chemistry, medicine, engineering. 

And let's not forget a knack for taking all the credit.

[ChartBuddy]

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Explanation