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Question: Did we reach the bottom already?
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25815678 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (170 posts by 5 users with 9 merit deleted.)
cAPSLOCK
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March 05, 2018, 04:31:33 AM
Merited by BobLawblaw (1)

Is this the assault on the neckline of the right shoulder on the iH&S everyone has been watching?

-edit- BTW, sorry to interrupt the gun talk... lol-

Stamp spiked up to $11395. If it can get above $11400 before Monday the post weekend pump could push it above $11500.

No need to get excited unless it breaks above $12k

It's getting closer to $12k. Is it time to get excited yet?


Going up is NOT bad news   - yet, I personally think that breaking ABOVE $12k, is the reasonable start to get excited point.

I am all for getting excited... I want to get excited, too.... however, too frequently guys (and gal) here in this thread are getting overly excited over small price moves up and down, and we continue to consolidate.. with seemingly $12k being the new price resistance point that we need to consider getting above..

I do like it though.. I do like the ongoing upwards price pressures... .. and getting above $11,500 from yesterday was good, and getting above $11,780 from a couple of weeks ago (2/20) will be good too... (if it happens)

Your 12000 number is nice and round and psychologically wondersome.  But between where we are right now and your 11780 are more significant because we are doing lots of neat stuff all at once.  Breaking the neckline no matter how you draw it, closing in on, an surpassing recent highs.  Breaking log resistance on top of linear.  Perhaps other things.

And we are rolling into Monday across the world.

What we want to see now is big big big volume on an upswing.

Get that and it's Carolina Wormtrain, gentlemen.
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March 05, 2018, 04:35:41 AM

Right now those green volume candles are smart gamblers.  This is early money on a big ass bet.  There's definitely no guarantee.  But if you like to gamble this is a better bet right now, than anything on a roulette table.

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March 05, 2018, 05:08:29 AM

meh

I would have expected violent upward action when we broke the downtrend.  This break is unconvincing.

I think we are in for the chaotic establishment of a sideways channel, it's bounds as yet undetermined, but this may well be the upper.
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March 05, 2018, 05:33:56 AM

*Trigger Warning* (no pun intended)

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March 05, 2018, 06:10:14 AM

I really do wish you all would take your culture war to off-topic. You're not being edgy. Roll Eyes
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March 05, 2018, 06:13:02 AM

Let's go to the moon, price now was around $11,500 to $12,000.

I think before end of this month they were reach the $12,500 to $13,000, what do you think?



Movement of price now in the market is very quick, so let's invest.
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March 05, 2018, 06:51:06 AM
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Thought experiment. Two tribes, the northern herders and the southern herders. The northern herders, the collectivists, agree to live according to the common good, such that no man would starve in time of plenty. The southern herders, the individualists, agree to live according to individual rights. A man may go hungry in the south, but all community action is voluntary on principle. Is there any sensible way in which one tribe can be called more moral than the other? Is there some metamorality by which we can make sense of this?
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March 05, 2018, 06:53:20 AM

I really do wish you all would take your culture war to off-topic. You're not being edgy. Roll Eyes

We are only fighting because the price is doing frothing. 







Edit:   I actually meant to type “nothing” but I prefer this version so leaving it.
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March 05, 2018, 06:55:23 AM

Frothing like a snake!
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March 05, 2018, 06:56:23 AM

Thought experiment. Two tribes, the northern herders and the southern herders. The northern herders, the collectivists, agree to live according to the common good, such that no man would starve in time of plenty. The southern herders, the individualists, agree to live according to individual rights. A man may go hungry in the south, but all community action is voluntary on principle. Is there any sensible way in which one tribe can be called more moral than the other? Is there some metamorality by which we can make sense of this?

"In the beginning of human life, when there was yet no law and government, the custom was "everybody according to his moral (yi)." Accordingly each man had his own moral, two men had two different morals and ten men had ten different morals -- the more people the more different notions. And everybody approved of his own moral and disapproved the views of others, and so arose mutual disapproval among men. As a result, father and son and elder and younger brothers became enemies and were estranged from each other, since they were unable to reach any agreement. Everybody worked for the disadvantage of the others with water, fire, and poison. Surplus energy was not spent for mutual aid; surplus goods were allowed to rot without sharing; excellent teachings (Dao) were kept secret and not revealed."

https://en.m.wikipedia.org/wiki/State_of_nature
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March 05, 2018, 06:59:11 AM

Thought experiment. Two tribes, the northern herders and the southern herders. The northern herders, the collectivists, agree to live according to the common good, such that no man would starve in time of plenty. The southern herders, the individualists, agree to live according to individual rights. A man may go hungry in the south, but all community action is voluntary on principle. Is there any sensible way in which one tribe can be called more moral than the other? Is there some metamorality by which we can make sense of this?

"In the beginning of human life, when there was yet no law and government, the custom was "everybody according to his moral (yi)." Accordingly each man had his own moral, two men had two different morals and ten men had ten different morals -- the more people the more different notions. And everybody approved of his own moral and disapproved the views of others, and so arose mutual disapproval among men. As a result, father and son and elder and younger brothers became enemies and were estranged from each other, since they were unable to reach any agreement. Everybody worked for the disadvantage of the others with water, fire, and poison. Surplus energy was not spent for mutual aid; surplus goods were allowed to rot without sharing; excellent teachings (Dao) were kept secret and not revealed."

https://en.m.wikipedia.org/wiki/State_of_nature

That's a hypothetical that doesn't account for the evolution of cooperation.
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March 05, 2018, 07:02:58 AM

Like a hypothetical frothing snake.  

That’s an extremely tight band on the daily.
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March 05, 2018, 07:05:11 AM

Like a hypothetical frothing snake.  

That’s an extremely tight band on the daily.

+100 WO sMerits
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March 05, 2018, 07:12:05 AM
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The frothing wormtrain snakes it's way into the Monday tall grass.
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March 05, 2018, 07:14:14 AM



We got eight days to break 12k until we break the upward trend.
Should be easy.
Bears got a rough job.
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March 05, 2018, 07:18:55 AM



We got eight days to break 12k until we break the upward trend.

"Carolina!" He screamed. "There's a wormtrain making snake in your tall grass!"
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March 05, 2018, 07:56:55 AM

meh

I would have expected violent upward action when we broke the downtrend.  This break is unconvincing.

I think we are in for the chaotic establishment of a sideways channel, it's bounds as yet undetermined, but this may well be the upper.

ripple scam stole this "violent upward action" this round. +20% and they are not even using their own scam coin when they roll out services.




(it shouldn't read "you" but "they")
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March 05, 2018, 08:01:59 AM

BTC immediately conquered the level of 11.7k rises over the turn to support the threshold to conquer the threshold of 12.7k, then again turn this threshold into support to break the threshold of 14.3k
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March 05, 2018, 08:02:43 AM
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Thought experiment. Two tribes, the northern herders and the southern herders. The northern herders, the collectivists, agree to live according to the common good, such that no man would starve in time of plenty. The southern herders, the individualists, agree to live according to individual rights. A man may go hungry in the south, but all community action is voluntary on principle. Is there any sensible way in which one tribe can be called more moral than the other? Is there some metamorality by which we can make sense of this?

"In the beginning of human life, when there was yet no law and government, the custom was "everybody according to his moral (yi)." Accordingly each man had his own moral, two men had two different morals and ten men had ten different morals -- the more people the more different notions. And everybody approved of his own moral and disapproved the views of others, and so arose mutual disapproval among men. As a result, father and son and elder and younger brothers became enemies and were estranged from each other, since they were unable to reach any agreement. Everybody worked for the disadvantage of the others with water, fire, and poison. Surplus energy was not spent for mutual aid; surplus goods were allowed to rot without sharing; excellent teachings (Dao) were kept secret and not revealed."

https://en.m.wikipedia.org/wiki/State_of_nature

That's Thomas Hobbes. He was paranoid AF in his social philosophy due to living during the times of Cromwell, the republic and civil war. As a result he had a low opinion of "human nature" which tended to make life "nasty, brutish and short" in the absence of some higher restraining power (Leviathan/the state).

I have to wonder about the mental health of people quoting Hobbes - what sort of hellhole did you grow up in to completely overlook the human drive for cooperation?
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March 05, 2018, 08:15:55 AM

the human drive for cooperation

Science-y fact: An ape sees another ape try for something out of reach, it's more likely to help if that ape has unselfishly groomed him in the past.
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