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

[Globb0]

I went to Mcdonalds for a cheeseburger and I got a quarter pounder with fries WTF!

[JayJuanGee]

Bitcoin price is being manipulated indeed. I'm sure absolutely sure that the price will do what known as ''The leap of the dead cat''. That mean it will go up near the historical maximum price and then go brutally below 10K $. Meanwhile not happens, the price will oscilate between 12K and 18K$.

I agree with the oscillating part, and something near those price points for oscillation; however, it seems that once BTC breaches $20k, then we are likely going to go to $25k and may even have a bit different dynamics, so there would not be a guarantee of a correction below $10k at that point, which would represent a greater than 60% correction from $25k, which certainly would not be unreasonable, but seems a bit too premature - especially if we have so much oscillation and consolidation in this sub-$20k arena....

So, even though your scenario is not unrealistic, it seems that the longer we oscillate in  the sub-$20k arena, the higher we go above $25k, and therefore we would have to reassess the extent of the subsequent correction and profit taking - so too early to call that it must go below $10k.. depending on how the supra $20k leg plays out - which also depends on how the oscillation leg plays out.... 

[vladimir21]

Guys what forks have to be released for btc to reach 20k again, would lightning network be enough?

[JayJuanGee]

Ok, so box is just geek for computer, and broadcast is just geek for send, and signing is still a mystery to me.
We do not speak the same language obviously.
How a turned of phone is less secure than a computer that you geeks run all the time is also a mystery to me.
I have no problem what so ever with having my coins on a phone, you are just way to afraid of ghosts.

two things;

You actually think a phone is ever turned off?

And no, an online computer is no more secure than a phone...that is what the offline computer is for.

I used to hold a decent portion of my bitcoins in my blockchain.info wallet that was paired to my phone.  However, when BTC prices went from about $700 to $2,500 I began to become quite nervous about how much value that represented.  It took me a little while to change around my security and to move a considerable amount of that value to off-line solutions (mostly hardware wallets). 

The other thing that I noticed was that I had some value that was fairly insecure, and I was not really thinking about it too much because maybe it had represented less than $500 during the sub $700 BTC prices period - but then all of a sudden, those funds became real value and even caused me some worry to make sure that I secured them and then ultimately transfered a decent portion of those previous "crumbs" to largely off-line solutions.

[fabiorem]

do you have a moment?

The original Satoshi vision!

[Arriemoller]

Guys what forks have to be released for btc to reach 20k again, would lightning network be enough?

Time, all bitcoin needs is time. Just be patient.

[Ibian]

Guys what forks have to be released for btc to reach 20k again, would lightning network be enough?

Time, all bitcoin needs is time. Just be patient.

Some extra capacity would help too.

[HairyMaclairy]

Color or it didnt happen. Nice dude! Congrats!!

Black. Like my thick, big Johnson.

How does it go?  The C4S?

[JayJuanGee]

Thanks anyway too you all for trying to explain. I have never signed and I really don't see the need for it in my future, it seems like overkill to me.
I'll just stay ignorant and move my coins the old fashioned way.

You are signing every time you move your coins. Sorry for have been harsh, but your unwillingness and  proudness of not knowing how txs works got me mad. That's like claiming on a train forum that how trains works it doesn't matter untill they move, I suppose.

No need to apologize, I'm not that sensitive.
There is actually a lot of guys that doesn't know how the model trains work, especially not the new digital versions of engines and controls.
They just ask what to do if it doesn't work and usually get a step by step answer, not the underlying digital tech.
And if that doesn't fix the problem they just send it away to someone who can fix it for them.

Yeah.  Push this lever forward and the train goes forward, and pull this lever back and the train stops, etc, etc.  Exactly.  Might not need to know more.   

[Arriemoller]

I went to Mcdonalds for a cheeseburger and I got a quarter pounder with fries WTF!

A royale with pommes frites?

[HairyMaclairy]

Good stuff. Would love a 991.  I have been eyeing the turbos but a 997 Turbo is more realistic at the moment.  Doesn’t help that a new 991 Turbo costs US$434k in this country which I think is more than double US prices.

I am going to wait and see what the Model 3 high performance version does.  I have a deposit down. The Model S is a bit too big and bulky for my liking.   Did you look at the Teslas?

[katoon123]

Lighting + 5g network = fast?

[Deeyoh]

Good stuff. Would love a 991.  I have been eyeing the turbos but a 997 Turbo is more realistic at the moment.  Doesn’t help that a new 991 Turbo costs US$434k in this country which I think is more than double US prices.

I am going to wait and see what the Model 3 high performance version does.  I have a deposit down. The Model S is a bit too big and bulky for my liking.   Did you look at the Teslas?

I was thinking more of a McLaren for a Maclairy.


I'm more of a GTO guy myself.

[HairyMaclairy]

Pardon my ignorance I am not sure what GTO you are referring to?


Interesting article:  a lot I agree with and some I would want to research myself

https://medium.com/@jenkinsrm/my-short-guide-on-risk-management-b32eeab903bc

[HairyMaclairy]

I am really curious how Porsche is going to balance price and performance against the 911.  I am watching with interest because I don’t know if they have the balls to undercut themselves.

But am worried it is just going to be an electric Panamera.

Looked really closely at the Model X but went with the Discovery 5 instead.  Don’t like that you can’t carry snowboards inside the X.  The rack on the back would have them covered in road dirt and they would get stolen.  Also worried about battery drain if left parked in the snow for a week.  If I hadn’t got the Disco I would have gotten the Grand Cherokee.  It’s a nice SUV, very capable.

[TERA2]

[TERA2]

1000 coin walls getting no respect these days

[Syke]

Looks like everyone is cashing out their millions. Way to start a trend cowboy!

[FractalUniverse]

they are cashing out millions, Im buying from them as it goes down .. pennies

[Deeyoh]

Funny to watch. Looks like some group trying to hit their margin by dumping but they were all bought. Ouch.