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

[Arriemoller]

sometimes I actually wonder if this whole crypto thing is just one mega giant hoax (bigger than the religion one)
perpetrated on the greed of all of humanity by space aliens...

No need for space aliens. It's the Illuminati.

But are not the Illuminati just a tool for the space aliens?

[Arriemoller]

I recall that there are some folks researching into ways that they can either use the heat or generate some additional electricity from the mining heat by-product.

I have had some discussions with power station engineers.  The crux of it is that low grade heat (anything that is not hot enough to boil water) is considered a waste product and dumped to the atmosphere.  And these are fancy, high efficiency co-gen plants. 

 So it seems pretty unlikely that they will be able to generate electricity if not producing over 100 C (which I assume not).

My information is about 8 years old so it is possibly out of date.  

The new owner of the old KNC Miner rigs are selling the excess heat to neighboring industries.

[JayJuanGee]

By using your instructions, I think that I have come a little bit further in my use of trading view tools, and I see EMA, but the EMA only goes up to 55 on the daily, but if I show EMA 30 on the weekly, then isn't that almost the same as a 200 day moving average - a 210 day moving average, measured by the week... maybe not exact, but in the ballpark?  Currently the EMA 30 is showing approximately a price of $8,861 on Bitstamp.

EMA is exponential (gives more weight to more recent data). If you want simple moving average choose MA, there you can have 200 days.

I may be doing something wrong... because whenever i try to click on Moving average options,  I get an upgrade to paying member prompting window....

Also, I may be o.k. with the EMA, too, since it seems to be close to the MA, and maybe I could move to a longer time-frame too (such as the EMA 35 - which is currently providing $8241), in order to balance it out?   Or even averaging between $8861 and $8241, would put it around $8550 - good enough for me to become a couch potato BTC TA expert wannabe.

[JayJuanGee]

That's a raccoon, and not a honey badger, but close enough.... let's go recover our food from the picnic food stealing bear(s).

[Last of the V8s]

[RoomBot]

Yep, and Racist-in-Chief Drumpf just levied a whopping 30% tax on solar.  

Oh, you watch CNN too ?

NOOOOOOOOOOOO!   RT.com

The only news & talk shows not pwned by US corporations.

Boom Bust, Max Keiser. Ed Schultz... & others kicked off CNN, like crazy-@$$ Jesse Ventura who always makes a few good points & zingers.

[rafanadal]

Why is btc price falling again? more bad news ?

[jojo69]

trying really hard to NOT bounce off this ascending line here...9800 next?

We break that line, we're testing 8500

[RoomBot]

trying really hard to NOT bounce off this ascending line here...9800 next?

We break that line, we're testing 8500

Nooooooooooooooooooooooooooooooooooooooooooo...............................

[Torque]

Anyhow, what I am suggesting is that you are likely correct about everything except the preplanning part because even preplanning causes some changes around and replanning and adapting to new circumstances, instead of someone happening to actually know the future within any kind of reasonable realm of certainty.  

Sorry JJG, but you are just flat out wrong. Insiders trade on secret knowledge at least 6-12 months in advance of the public all the time. It happens in the stock market all. the. time.

You really think that the CBOE just whipped up the Bitcoin Futures market in a month's time?? Like they just pulled it out of their ass at the last minute? No fucking way, not a chance. Launching a futures market takes WAY more planning than that. They were planning and discussing it in meeting after meeting for over a year before it launched. And insiders knew about those meetings first.

Just because you think it doesn't occur doesn't mean shit. Try day trading in the stock market sometime... you will get rekt.

[Rosewater Foundation]

trying really hard to NOT bounce off this ascending line here...9800 next?

We break that line, we're testing 8500

Nooooooooooooooooooooooooooooooooooooooooooo...............................

[jojo69]

where you been rose?

miss you man

[Rosewater Foundation]

where you been rose?

miss you man

Bearish trends aren't very much fun. I don't know what to say.

[Torque]

[JayJuanGee]

Anyhow, what I am suggesting is that you are likely correct about everything except the preplanning part because even preplanning causes some changes around and replanning and adapting to new circumstances, instead of someone happening to actually know the future within any kind of reasonable realm of certainty.  

Sorry JJG, but you are just flat out wrong. Insiders trade on secret knowledge at least 6-12 months in advance of the public all the time. It happens in the stock market all. the. time.

You really think that the CBOE just whipped up the Bitcoin Futures market in a month's time?? Like they just pulled it out of their ass at the last minute? No fucking way, not a chance. Launching a futures market takes WAY more planning than that. They were planning and discussing it in meeting after meeting for over a year before it launched. And insiders knew about those meetings first.

Just because you think it doesn't occur doesn't mean shit. Try day trading in the stock market sometime... you will get rekt.

I don't think that I need to elaborate any further.  You made your points and I made mine.  We seem to disagree, and I doubt that it would be fruitful to continue on about these speculative points.  Actually, you act like I am dumb and I don't know that there is preparations and various kinds of groups that are manipulating and planning, but you seem to frequently attempt to make the matter as if everyone is coordinating amongst each other - as if the future is inevitable... blah blah blah...

Regarding day trading, I don't do it.. and why would I care to attempt such in the stock market?  Get real.

Sure, I do something that is like day trading in regards to bitcoin, but currently, I am not interested in trading or trying to trade or learning about trading in other asset classes.   So, why would I care about your challenge of me to get involved in something that is not worth a ratt's ass of consideration - at least for me?  Actually, I did not even want to trade bitcoin, but I just fell into some kind of seeming BTC trading practice as a kind of insurance system to protect my BTC investment.

Actually and if you even recall any of my posts, even though I throw out BTC price predictions here and there, my trading style is largely unchanged in regards to my predictions.. (except perhaps here and there on the margins).

[Torque]

Actually, you act like I am dumb and I don't know that there is preparations and various kinds of groups that are manipulating and planning,

But you seem to take great pleasure in trying to condescend and smack down anyone who points that out... other than yourself.

but you seem to frequently attempt to make the matter as if everyone is coordinating amongst each other - as if the future is inevitable... blah blah blah...

I don't actually. I don't believe the future of Bitcoin is already decided. I just believe that whenever the Bitcoin market starts to act irrational, like the entire fkn year of 2017, then I know that there's more going on than what seems on the surface.

Or in past years when out of nowhere Bitcoin started pumping to the moon for no explicable reason... there's no doubt in my mind that the pumpers already had the subsequent "crash" planned out ahead of time (e.g., 0day exploit, exchange hack, Mt.Gox DDoS, "China Bans Bitcoin", Mt.Gox insolvency, etc.)

We saw it happen in the alt market too: ETH pumped to the moon just a month or two before the DAO hack/exploit happened.

But of course you can stick your head in the sand and think whatever you want though. I care not.

[bones261]

I was looking through recently confirmed transactions and stumbled upon this gem. https://blockchain.info/address/18AMPWtHW97ebTkSdBk9Jzv9gSZoh2og5D
These transaction involving this address look totally legit. NOT

[True Myth]

I was looking through recently confirmed transactions and stumbled upon this gem. https://blockchain.info/address/18AMPWtHW97ebTkSdBk9Jzv9gSZoh2og5D
These transaction involving this address look totally legit. NOT

Can you break this down for me? What are the red flags here?

[rafanadal]

I was looking through recently confirmed transactions and stumbled upon this gem. https://blockchain.info/address/18AMPWtHW97ebTkSdBk9Jzv9gSZoh2og5D
These transaction involving this address look totally legit. NOT

Can you break this down for me? What are the red flags here?

1 confirmation since last year ??

wtf

[rafanadal]

4 digits by tomorrow