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

[rafanadal]

sub 9k again?

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[bitserve]

[img width=554]https://i.imgur.com/Nb6Ihimg]

this arsehole is happy when people lose money? and he thinks bitcoiners are nasty and crazy?

he clearly hasn't met eth-heads, btrash-butthurts or ripple-fanboys yet. or the worst of all: iota disciples...

I think he will not be laughing for long. Let save this tweet for the (next leg) of the bubble .

We are in critical point in time. The last real sell-off/crash was on 2013/2014. This would be the first time after Bitcoin being widely known that it could prove that it can recover after a crash like this.

If it does everyone will get the message and all the fear will be vanished for a pretty long time.

[bitcoin_is_here_to_stay_2]

https://www.tradingview.com/chart/BTCUSD/YRZvdurN-The-target-of-current-bubble-lays-between-40k-and-110k/

I think this is also from MR and its spot on till now.

Yes, this is from MasterLuc. He very recently changed his views, though, and says we are now in the 4th (corrective) wave.

[Enjel]

This entire post is a load of shit.  
Canadians have universal health Care.

Canadian Citizen: "Doctor. I am shitting blood."
Canadian Doctor: "Ok, well, let me get you an appointment with a specialist to get you looked at"
... 3 months later ...
Canadian Specialist: "Sorry. You have advanced Stage III colon cancer. If only we caught you two months earlier."

This is why healthcare needs to be run by non-profit charitable organizations. Yes, such organizations have their problems too. However, it makes absolutely no sense to try and profit off the sick and the dying. Getting the government involved just adds a bunch of bureaucratic red tape.

My point is, I've come to appreciate the system in the US if you can afford insurance.

I went from a severe fracture, to seeing one of the top specialists in the area within 24 hours, to surgery (5 titanium screws used to mend the break) 72 hours later.

The ER experience was just a fucking terrible joke. Took forever to get me in, get painkillers in my system, and ER doctor dude was like "Here, wear this sling for a week for the swelling to go down, and we'll do surgery in about 7 days."

"FUCK THAT SHIT!" I says to myself. "I WANT TO DEAL WITH THIS SHIT NOW !!!"

Called my main GP, said "Who's the best bone fracture guy you know ?", gave me his number, I took matters into my own hands, and was on the mend fast.

I can't imagine how that scenario would have played out under the Canadian Medical system.

Since they have a queue and rationing, you always have a good number of people who get put in the front of the line, as experience all benefits.

Those are the same people who say "I love Canada's healthcare system!" in Bernie's videos for single-payer.

[explorer]

This entire post is a load of shit.  
Canadians have universal health Care.

Canadian Citizen: "Doctor. I am shitting blood."
Canadian Doctor: "Ok, well, let me get you an appointment with a specialist to get you looked at"
... 3 months later ...
Canadian Specialist: "Sorry. You have advanced Stage III colon cancer. If only we caught you two months earlier."

This is why healthcare needs to be run by non-profit charitable organizations. Yes, such organizations have their problems too. However, it makes absolutely no sense to try and profit off the sick and the dying. Getting the government involved just adds a bunch of bureaucratic red tape.

My point is, I've come to appreciate the system in the US if you can afford insurance.

I went from a severe fracture, to seeing one of the top specialists in the area within 24 hours, to surgery (5 titanium screws used to mend the break) 72 hours later.

The ER experience was just a fucking terrible joke. Took forever to get me in, get painkillers in my system, and ER doctor dude was like "Here, wear this sling for a week for the swelling to go down, and we'll do surgery in about 7 days."

"FUCK THAT SHIT!" I says to myself. "I WANT TO DEAL WITH THIS SHIT NOW !!!"

Called my main GP, said "Who's the best bone fracture guy you know ?", gave me his number, I took matters into my own hands, and was on the mend fast.

I can't imagine how that scenario would have played out under the Canadian Medical system.

Exactly the same.  Overburdened ER,  wait til you die or take it into your own hands.  US clinics are closer and more expensive, others are cheaper but maybe scarier.  Or maybe you have connections to make the 'system' work for you.  From what I have read, for the cost of your insurance, better to just save that money and spend as required.  Here, we have no choice.  We pay top dollar for what is inaccessible, then go pay top dollar again to get immediate attention.  I haven't had a doctor in 25+ years.  I go wait at the ER if I've pushed myself past crazyglue-fixes, or fix my diet and let nature do the rest.  Its pretty effective.

[TERA2]

All the charts above 4H dont look particularly bullish to me. The bounce started great and then didnt follow through. It might need to test the 7s again.

[Rosewater Foundation]

All the charts above 4H dont look particularly bullish to me. The bounce started great and then didnt follow through. It might need to test the 7s again.

What's Tone Vays say it's gonna do

To fully complete the $BTCUSD bounce off $7,500, would like to see a weekly close above $9,600, let's take a look at the #Bitcoin Charts...

[toknormal]

Looks like Dash/BTC market on launch pad now folks. Deserved momentum for the monetary assets !

[Elwar]

I'm guessing that most bitcoiners don't agree with Bernie Sanders on much.

Communism is difficult when you can't take peoples' money.

[jojo69]

What's ... it's gonna do

[BitcoinNewsMagazine]

https://www.tradingview.com/chart/BTCUSD/YRZvdurN-The-target-of-current-bubble-lays-between-40k-and-110k/

I think this is also from MR and its spot on till now.

Yes, this is from MasterLuc. He very recently changed his views, though, and says we are now in the 4th (corrective) wave.

Masterluc/lucif/Vanga had his Russian Tradingview account suspended for breaking some rule here is the last photo posted before account went down:



I have read on Russian forum (https://vk.com/bitcoin_vanga) that vanga thinks Wave 4 finished but he gives low probability that we may see lower lows. Being vague in other words and leaving open option that Elliott Wave 4 is not yet over. I think one can watch the daily 200 MA for clarification:



If the daily 200 MA holds I call Wave 4 complete. May take a month or so then we have Wave 5. If that MA breaks not good news.

[AZwarel]

I have this urge to reinforce the HODL sentiment once again, hope my arguments are solid 

First, the amount of FUD recently are laughable after a near 20x increase in ATH in one year.
Second, when my hairdresser asked "is it too late to invest", i replied, "well, depends what your goals are, you might only get a 10x-100x wealth increase in the next 5 years".

There will be no 2 years long bear market like the 2014-2015 one - no more slow accumulation for us, sob sob.

3 years ago, no one in my friends&family circle know about bitcoin -i guess this is the same experience for most of you - not even conceptually. Now, cab drivers, my hairdresser, the guy who fixed my water heater last week, etc. had at least some basic concept about it when i "accidentally" made it into our conversation. Close friends actually asked about "how to buy in" and two of them actually
did, back in 2017.

The number of hardcore hodlers must have risen by a 100x folds since 2014, at least in my estimation, based on everyday interactions with "average people" around me. Do not underestimate:

- the power of network effect, where a small enthusiastic minority inspires those around them, and expectations about success serves as a self fulfilling prophecy;
- the power of FOMO/and greed on people with low financial education - which is the majority, hence the success of frauds like bitconnect, and other scams;
- the power of all those high value investors, who have billions to loose, if bitcoin fails; they have a massive amount of lobbying power to keep this thing alive, alas, going to zero,
is not feasible. Think not only monetary wealth, but all the countless work/study hours went already into the bitcoin industry by thousands of people!

The geine is out of the bottle so to speak, once bitcoin - and cryptocurrencies in general - reach formal (means widespread societal status in the minds of the masses) recognition as a new, solid asset class for the Infomation Age, FOMO will intensify.

[xhomerx10]

This entire post is a load of shit. 
Canadians have universal health Care.

Canadian Citizen: "Doctor. I am shitting blood."
Canadian Doctor: "Ok, well, let me get you an appointment with a specialist to get you looked at"
... 3 months later ...
Canadian Specialist: "Sorry. You have advanced Stage III colon cancer. If only we caught you two months earlier."

 That's not how it works Bob.  You're spreading misinformation.

[bitcoin_is_here_to_stay_2]

I have read on Russian forum (https://vk.com/bitcoin_vanga) that vanga thinks Wave 4 finished but he gives low probability that we may see lower lows. Being vague in other words and leaving open option that Elliott Wave 4 is not yet over. I think one can watch the daily 200 MA for clarification:

ML does not think the wave 4 has ended. If you click on "show previous comments" below, in the first one Olga asks him how long the wave 4 would last. Lower, Vanga says "likely not a whole year, a couple months, not enough data to tell exactly" (loose translation).

https://vk.com/bitcoin_vanga?z=photo-130254204_456239696%2Falbum-130254204_00%2Frev

[JayJuanGee]

My previous low-too-low limit buy got filled, but in the meantime I slipped one more in. I won't be satisfied the rise has begun until I have at least one low buy order left unfilled!  

hahahahahahaha...

I have seen several of your posts on this topic, and it seems that you just keep adding another one as soon as the lowest as fuck one gets filled, and then you have a new lowest as fuck buy order... self-fulfilling prophecy that is going to be true no matter what, right?.. unless we go to zero, then you will have to set them in the negative territory (just for the record, I don't think we are going to zero, and especially not to the negative price territory.. Is that too bullish of me?).  

[AZwarel]

Sounds like a great guy to have at a Crypto party.

Today a young family member asked if she should invest in crypto.
I told her she should only invest what she can afford to lose. But I wish her more luck with it than I have had or will potentially have. She deserves a break as she has been through hell recently.

Unfortunately she doesn't have access to invest in the amazing Paul Krugman economics investments that are available.
Perhaps Paul Krugman should realise not only Trump supporters and the people he thinks he hates so much because of his uninformed interpretation of opinions and personal situations are interested in this.

But I do hope he continues to waste his time hating on Twitter if he is that bitter and hateful.

I find it interesting that a nobel prize winner in economics...takes such glee and interest, in bitcoin and crypto failing big time. Seems a lot of time and effort and emotion,

for something that is never gonna fly off the ground anyway. (I think maybe he protests too much..and ...again so emotional!)

From https://en.wikipedia.org/wiki/Nobel_Memorial_Prize_in_Economic_Sciences:
"The Prize in Economics is not one of the original Nobel Prizes created by Alfred Nobel's will."
"The prize was established in 1968 by a donation from Sweden's central bank"

'nuff said 

[Torque]

Bitcoin is a fundamental threat to Paul Krugman’s identity.  He identifies with the beneficent guiding hand of the central bank. Bitcoin attacks his ideals and therefore is a direct attack on him.

Assholes like him don't realize that for Bitcoin to succeed, only a tiny bit of btc needs to find it's way into the hands of each and every person on the planet. From there it can grow into a P2P barter network that cuts out the middleman. It doesn't have to be about a speculation bull/bear market at all.

I remember reading an article back in 2013 that talked about the early "Bretton Woods" project where bitcoiners would take their goods to a tree in secret park and trade them for bitcoin. That was really cool. Wonder if it is still going on.

[TERA2]

Speaking of Bernie Sanders, Occupy, etc. - Bitcoin is in a direct conflict with the socialist/communist millennial movement, who probably just wants to do away with money altogether and make everything universal payer. Bitcoin is capitalist. Bitcoin is greedy (its in the whitepaper). Half of bitcoin and what bitcoiners speak about is the price, which is prominently displayed at the top of every website - what is the price? How much am I up? How many coins do you have? When did you get in? Hodl? These people who dont even have any money dont see any benefit in something like bitcoin - to them bitcoin is just shifting the power from one master to another master - from bankers to techy people (the new bankers) - and neither one of them deserve to have more money/resources than anyone else. Its just more jewish witchcraft. As soon as they see that all these early investors and adopters are millionaires and billionares, the jig is up.The whole concept of saving and investing and becoming wealthy or dodging inflation goes over their heads - because nobody should be hoarding money. They want a new system and to live life freely without wealth and status and money. We are just a trojan horse and they wont be fooled for long.

[JayJuanGee]

Sellwal:

300 BTC shot @ 9197 on Stamp....vapourised.

I participated in that... After half went in a single bite.  I’m temporarily back in bull mode. For better or worse.

Have you bought higher than you sold??

Nope.  I’m defending my profits.  Do you think it’s a bull trap?

I thought you had sold and rebought higher, sorry (Now I think that is Rosewater, at least the sold part).

No, I don't think it is a bull trap... but what do I know.

I thought that Rosewater sold in the $13k territory, so should be sitting pretty right about now, if he does not wait to o long to buy back, at least part of it.

[JayJuanGee]

Sellwal:

300 BTC shot @ 9197 on Stamp....vapourised.

I participated in that... After half went in a single bite.  I’m temporarily back in bull mode. For better or worse.

Have you bought higher than you sold??

Nope.  I’m defending my profits.  Do you think it’s a bull trap?

I thought you had sold and rebought higher, sorry (Now I think that is Rosewater, at least the sold part).

No, I don't think it is a bull trap... but what do I know.

On CMC, it shows the volume decreasing though. That's a bit worrying to me. Could be a bull trap, in that case.

Overall, even though bitcoin remains a 24/7 market, I think that weekends tend to have a bit less trade volume anyhow.  Also, changes in trade volume sometimes have to looked at over an extended period of time, because we should expect trade volume to go down a bit, merely because the trade volume right around the dip down to $7625 was considerably high - for at least 6 hours... which could take a bit of time (several days - even a week) to recover from such trade volume intensity.