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

[seljo]

So it starts...
https://arstechnica.com/tech-policy/2018/02/european-bankers-scoff-at-bitcoin-for-its-risk-huge-energy-inefficiency/

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[BTCMILLIONAIRE]

So it starts...
https://arstechnica.com/tech-policy/2018/02/european-bankers-scoff-at-bitcoin-for-its-risk-huge-energy-inefficiency/

Old debunked arguments presented by the banksters instead of trying for a compromise. I really hope that the universe has a tendency to take care of this type of behaviour. But at the very least people do, which is where Bitcoin came from in the first place.

[bitserve]

Thanks for the opinions guys.

Yup, It's true, maybe more than "happier" it is that I just feel less "anxiety" because, either right or wrong, I have now less fear of an imminent (huge) correction. Plus we are already used to this price levels... and even 50% higher.

It was a necessary step I guess.

[fabiorem]

Put your seat belts. We are going to $25k. 

I hope it goes steady this time.

[Darkbot]

Yep. I simply do not agree that Bitcoin Cash is centralized any more than Bitcoin Segwit in any meaningful way. I realize that there is an oft-repeated narrative that Ver and Wu have made every significant decision in regards to Bitcoin Cash, but this view is utterly ignorant bullshit. And if all y'all would venture outside of this echo chamber of a walled garden, you'd likely realize that latter point as being the truth of the matter

--R.I.P Bcash Shill Jbreher--

[Rsiyz]

https://www.youtube.com/watch?v=wKeMkCi_cr4&list=UUAvBcst08Tfo4VNtIaRPTNw

up up up
 cuckers watch here :LYING DUTCHMAN: Dutch Foreign Minister Loses His Job Over Lie About Meeting Putin

[infofront]

What's up with wordy man being a dick lately?

I see only quotes, but he's become more and more of a dick as time goes on, since no one can reach through the internet and bitch slap him.  Ignorance and Arrogance go hand in hand...

I thought by "wordy man" he was talking about JJG.

[Karartma1]

What's up with wordy man being a dick lately?

I see only quotes, but he's become more and more of a dick as time goes on, since no one can reach through the internet and bitch slap him.  Ignorance and Arrogance go hand in hand...

I thought by "wordy man" he was talking about JJG.

I must admit I though that too.

Back on topic: too calm down here.

[BTCMILLIONAIRE]

What's up with wordy man being a dick lately?

I see only quotes, but he's become more and more of a dick as time goes on, since no one can reach through the internet and bitch slap him.  Ignorance and Arrogance go hand in hand...

I thought by "wordy man" he was talking about JJG.

I must admit I though that too.

Back on topic: too calm down here.

So did I, which struck me with surprise.

[infofront]

For some reason I think I am even happier at current price than I was when we crossed it last time. Anyone else with the same feeling?

I am struggling trying to understand why is that so. Maybe it is just me, though.

yes, I have the same feeling. Back in december it was pretty obvious that we will get a big correction. it now feels like a system reset, everything is back to zero.  the "system" runs much faster and smoother now. But zero is not zero, it's over $9000! <insert vegeta meme>.

$10,000 is no longer a 10x increase in <1 year, which was a bit of a stretch. Now $10K is a 50% retreat from the ATH, so it feels like we're just getting warmed up.

[BTCMILLIONAIRE]

For some reason I think I am even happier at current price than I was when we crossed it last time. Anyone else with the same feeling?

I am struggling trying to understand why is that so. Maybe it is just me, though.

yes, I have the same feeling. Back in december it was pretty obvious that we will get a big correction. it now feels like a system reset, everything is back to zero.  the "system" runs much faster and smoother now. But zero is not zero, it's over $9000! <insert vegeta meme>.

$10,000 is no longer a 10x increase in <1 year, which was a bit of a stretch. Now $10K is a 50% retreat from the ATH, so it feels like we're just getting warmed up.

That's what it feels like to me too. Second attempt go back above $10k, both of which were back to back today. Smells like we're back to 11~12k by next week, and then who knows.

[jojo69]

What's up with wordy man being a dick lately?

I see only quotes, but he's become more and more of a dick as time goes on, since no one can reach through the internet and bitch slap him.  Ignorance and Arrogance go hand in hand...

I thought by "wordy man" he was talking about JJG.

he wasn't?

[JayJuanGee]

I bought my first coins back in 2013, and I am a permabull / maximalist. HOWEVER, it looks like we're entering a multi-year bear market.
https://youtu.be/vX1BjDHhuVk?t=54m58s

You attached a week old youtube clip interview of Richard Heart rage quitting BTC.. and pumping ETH and pumping his new alt coin...

Just because he proclaims a bunch of whiny bullshit, just like Mike Hearn whined about a few things in early 2016, and Mike Hearns rage quit did not cause BTC to fall or fail, merely because he said it....

Similarly here with Richard Heart... he seems to be very emotional and there are a lot fo folks who are confused by his sudden change and sentiment that seems to be based on feelings (and perhaps bias) rather than actual fundamentals or logic.

He probably "lost" a couple million and is now suicidal due to lack of foresight and understanding. "Lightning is online" (no it's fucking not). He either doesn't know what he's talking about or it's like you're suggesting and he's trying to manipulate markets. Without any success.

I understand that he has been a trusted and even a very strong voice in the past with a lot of no bullshit frank talk in support of bitcoin, but that interview came off as overly emotional and he lost something before or during the interview, and he was having difficultles holding it together or coming off as reasonable.

I've never heard of the guy, but if he used to be "no bullshit frank" then he certainly wasn't in this interview (at least not in the ~10 minutes that I've bothered watching). Not a single rational point that goes beyond the usual buzzword parroting that can often be found in other places on this forum or around "elite Economists". Has he been around for a while or did he just pop out of nowhere recently? If it's the former I don't really understand how you could make a polar flip even though the fundamentals haven't changed, certainly not for the worse.

I don't know his details, but I believe that recently he was allowed to have a channel on the world crypto network, which is largely a bitcoin maximalist kind of perspective, and I am not sure if he put out any shows through that WCN relationship.  Heart's interview and flip flop got quite a bit of attention because he was known in the bitcoin maximalism community for several years.  I don't care to research into him too much, but I doubt that his voice is going away any time soon, and he seems to be a bit of a drama queen, too, so we will see how much additional attention he gets to his shifting position in the future.   

[sirazimuth]

What's up with wordy man being a dick lately?

I see only quotes, but he's become more and more of a dick as time goes on, since no one can reach through the internet and bitch slap him.  Ignorance and Arrogance go hand in hand...

I thought by "wordy man" he was talking about JJG.

he wasn't?

We need a wordy man meme....

[cAPSLOCK]

What's up with wordy man being a dick lately?

I see only quotes, but he's become more and more of a dick as time goes on, since no one can reach through the internet and bitch slap him.  Ignorance and Arrogance go hand in hand...

I thought by "wordy man" he was talking about JJG.

he wasn't?

If we are talking about Richard Heart I have a funny story.

He sent out a tweet a couple weeks ago with a poll asking "Do you think I am a scammer" ( )Yes  ( )N.  I responded to it in the same teenage girl vein it seemed to be sent in (this was during his ragesplosion) and checked YES.

He banned me from his feed.

The loss has been hard for me to stomach.  Twitter is just not the same.  In fact I had to buy my own creepy candelabra and mount it to a mic stand just to feel right about the world again.  I am wondering if adding a silk shirt or two might make me feel even a little more better...

[JayJuanGee]

$300 correction that put's us in the doldrums of BTC prices....

Hmm, 3% change is got you worked up, eh?

Look, if you cannot fathom a simple statement as "buy before...." perhaps you should put my puzzling ass on ignore.

You seem to purposefully like to read certain peeps (perhaps yours truly out of context).  My asserted getting worked up about a 3% downfall in BTC price was meant as a bit facetiousness, and a means to exaggerate the impact of a price drop on me that brought BTC prices down less than half a day.

Regarding ignoring posters, maybe you could only wish for such?  I don't do it.  I actually would not mind giving you a merit for some post, but so far, I am having difficulties finding any kind of valuable posts of yours to merit.  In the end, I don't know what kind of fathoming I would need to do, if any, about your seemingly unimportant and ambiguous BTC price prediction statements.  I am certainly capable of deciding for myself how to categorize that kind of information.

[Rsiyz]

for the madness of the bitcoin can be central banks, and their mass demand for circulation has made it so many today that they have huge surpluses and other business debts, and those who have huge surpluses are speculating or wanting even more, and when they spiced the usual people who have surpluses whether they are male or have borrowed on it because they too want to get rich so quickly at the end will stay two groups one of which big  pull out and the types that are overwork but it does not mean that for all this can central  banks and their irresponsible policy that is not about nothing better than cryptocoin  itself, so it's also just speculative and when the central bank created the masses of speculators, then it is clear that they created their god called "cryptocoins"  and now pray to him ....

Amen      kiss of true    what you dont like  

Soo if we look how many peta trillions of usa potrodollar are printed(and other western chips) .. yes bitcoin can growe to milions per unit...from printed money
somebody have billions and dont know what to do with them and other have debts..  soo we can create crypto chips and make another game of "wallstreet " on stereoids
pump up style just make inflation on real "fiat" and more pressure on central banks in every state in petrodollar vassals states world  .. soo collaps will just faster here ..watch 2020  

[JayJuanGee]

Currently, I am thinking that I am shit out of luck until the GDAX support specialist communicates back with me, and maybe I won't be able to do much, until a few more days pass, and then I perhaps I can follow up by calling up support again to check on the status.

Anyone have similar circumstances to mine?

Anyone have any suggestions regarding possible ways to attempt to expedite the processing of my frozen GDAX trading matter?

Sounds like you are in limbo, yes. Sorry to hear. Never had such an issue myself. Then again, I've not had my account hacked. In retrospect, might you have asked GDAX to invalidate the hacked account?

No suggestions to offer.

Sux. Sorry to hear.

It has been about a week since I first generated my Coinbase support tickets, and so far they have been able to confirmed that my previously hacked account has not been accessible by anyone such as a hacker, and there must have been a system error that generated the e-mail that was sent to me.  Regarding my getting frozen out of my regular account, that has not been resolved yet after several follow ups, including one follow up that caused me to re upload my identification documents, so I am still waiting on them, and it seems that a couple of days passes between each of the responses that I receive from them..... I would like to get the matter sorted out soon in order to return a bit more balance to my various accounts, and for now, I am just dealing with it by attempting to balance the absence of one account by over compensate with my remaining trading accounts.

[suchmoon]

We need a wordy man meme....

[JayJuanGee]

jbreher:  I don't know if you response adequately outlines what you actually would do in such a extreme downwardly volatile situation.  Are you suggesting that at certain price points you would stop buying, or do you just change the amounts and the increments?

Well, my standing buy orders go down pretty far, albeit not all the way down to zero. If faced with such a decision, i think I'd probably just sit and wait for the price to come back up to me. But I might be tempted to buy more. Hmm'm...
 

Let's talk real world numbers and the extent of your plan past 70% down...

OK, I'll come clean. The price fell below the bottom of my system in recent memory, when my bottom buy executed at $6750 (though I have another range of orders below that-- after a gap -- as well). I waited it out. I didn't need to wait very long. If it dragged on, I may have re strategized.

You may have seen my posts on the topic previously, and in September 2017, my preset buy orders were only set down for a 50% price correction, which almost happened in mid-september when price corrected 40% from $4,980 down to $2,970.  I could have bought down quite a bit further with some juggling around of money that was not on exchanges, so I attempted to learn a lesson from that and I attempted to keep my preset buy orders set down to $3k, which ended up being a 85% correction and thereafter I would go to manual mode.  Some of my presetting of orders has messed up recently and it only goes down to $4k partly because of my attempt to use some money on other exchanges to balance my lack of access to my coinbase situation (hopefully temporary). 

I have preset money to go down to below $1k, but really I was thinking that I could just spend some of that money rather than keeping it ear-tagged for bitcoin, because there seems to be little likelihood for any correction below 85% this time around, and even less likely for a greater than 95% price correction (using $19,666 as the starting price reference point).