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

[jojo69]

What's ... it's gonna do

[1634463227]

1634463227

[1634463227]

1634463227

[1634463227]

1634463227

[1634463227]

1634463227

[1634463227]

1634463227

[1634463227]

1634463227

[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.

[AZwarel]

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. 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.C. 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.

Priceless!
Wealth will always go the top >5%, because IQ is distributed in a Pareto distribution. Just watch videos on lottery winners, 95% became broke in a couple years do to their stupidity. There is no societal structure that will uphold "equality" - 100 years of failed communist experiments are a great lesson for this - on a 100+ million dead bodies i might add- , since people are not equal by biological reasons.

Yeah, this might sounds non PC, but reality proves this, time after time. Hence the resistance of losers, aka socialists against every wealth producing devices, which are based on: information gained before the masses, affinity for risk taking, willingness to learn new skills.

[JayJuanGee]

Probably won't see any significant revenues until Monday. Hopefully the price of Bitcoin will still be under $10kUSD.

That's our boy!

Yeah.. Bitcoin has gotta wait for Jimbo.  That means that we gonna stay under $10k until Jimbo has an opportunity to 1) get back to civilization, 2) balance his books by taking into account of his vacation splurges (hookers and blow, etc), 3) allocates fiat for his BTC purchase, 4) drinks a few beers, eats a few steaks, and then has some mocha to wake his old (seeming like 105 years) ass up in order that he can 5) get himself to the nearest BATM with the best fees that happens to be in the path to the Jays game.

 

[Gyrsur]

Probably won't see any significant revenues until Monday. Hopefully the price of Bitcoin will still be under $10kUSD.

That's our boy!

Yeah.. Bitcoin has gotta wait for Jimbo.  That means that we gonna stay under $10k until Jimbo has an opportunity to 1) get back to civilization, 2) balance his books by taking into account of his vacation splurges (hookers and blow, etc), 3) allocates fiat for his BTC purchase, 4) drinks a few beers, eats a few steaks, and then has some mocha to wake his old (seeming like 105 years) ass up in order that he can 5) get himself to the nearest BATM with the best fees that happens to be in the path to the Jays game.

 

true words! 

[AZwarel]

This is a good sign.

https://cointelegraph.com/news/canada-regulators-approve-countrys-first-blockchain-etf

  canda is now nothing to compare to new "east europe"  canada and collapse capitalism is on show-like when you go to doctor in canada.. LOL
you will die !! in canada. only special small % of population have free health "insurance"(4% of population) ..but nothing to compare to on east on germans boarders.. germans are cucked too..))
why canda allow drugs.? becouse when you later ask candian state about help.. they will say you: you was on drugs or others..and you have not right on full health insurance..(you do bad things to your health and but canada gov allow it..paradox).. sooo they cuck with you and you can not ask for health insurance.. even you was not in jail , or never crime...
soo if you smoke in canada.. later they will kill you ..peacefully like "democrats"
why you hell think people like jumbo put all on bitcoin?! becouse its soo bad life in canada and people gamble,,,they dont care..death in canada or better life in '"no democratis countries" like mexico ...

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

Universal Sickness Care - and it ain't exactly FREE.  Big Pharma do not want you healthy.  Dental is not covered, along with a lot else.  And good luck getting to see a doctor or specialist without a massive wait.  That's why people here go elsewhere if they can afford it.  Be your own Bank.  Be your own Doctor.  NOBODY else has your best interests at heart.

Sadly, i can attest to this. Stayed in a "free" hospital last year for a week (after i have checked out on "on your own risk"), before they would have actually killed me with misaligned medicine - a dose of glycocortisole 2.5x more than the max my body weight should have allowed - 0.7mg/kg-1.0mg/kg is the "normal" dose - , which i have learned through my smartphone while literally spinning in my bad and bleeding through my sheets due to the waaaay overdosed drugs...and when asked the nurse about "is this infusion really necessary, i have already got one in the morning, she had to check the sheets and said, oh well, no,  you are right.."
Socialized medicine=DEATH; no incentive to do good=no fucks given. 5 of us was in the room, and we were actually browsing med sites; we had to protest against meds cause those were obviously detrimental due to sites like Myo clinics and other sources. One dude had to show pictures from google about his skin leasons to the doctor to prove he does not have "aids", and after 3 days of steroids he was healed...

Free healthcare is a joke. Just as anything "free". Competent people work for profit, obviously.

[Searing]

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

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

That is why we have a current Oligarchy ..in the USA...you give to the rich. See latest tax plan.....then the serfs have to work harder/longer, and you

make outlandish promises about 'trickle down' to the workers....then it is rinse/wash/repeat

communism never had a chance against this form of crony capitalism

[JayJuanGee]

I dont like merits because all these old users got 1000 merit even if they made shitty posts and they probably never would have gotten that much merit during that time even if they were making good posts. All my merit is locked away with my old account and I look so bad.

Why can't you get your old account back?

[Rosewater Foundation]

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

It was only 5%, and I actually did end up getting back in with it.

*shrugs*

Thanks for caring Jay.

[JayJuanGee]

[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.

huh? 

You seem to believe there is one more test necessary for bitcoin?

I doubt it. 

Bitcoin has already proven itself resilient to various bullshit, including the rise from $250 to $19,666 - and including various parts in between. 

That rise from $250 to $19,666 took more than 2 years, and there were decent challenges in the midst of such rise - including quite a few pretty heavy challenges in 2017 - and bitcoin continues to NOT have any real or meaningful competition in terms of its original proposition regarding be your own bank that is backed by security through proof of work.  What other coin has that, including the extent of bitcoin's various ongoing network effects and strong fundamentals with lightning network and various other upcoming implementations of creative and innovative decentralization.

[explorer]

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

Thanks for that table, actually. Quite informative and does clear up many misconceptions I had.

The   **targeted time

Puts it alllll in a nutshell.  Zero correlation to reality, but such a fine goal!