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Question: Did we reach the bottom already?
Yes - 60 (50%)
No, it's coming later this year - 44 (36.7%)
No, it's coming next year or after - 16 (13.3%)
Total Voters: 120

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25816580 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.)
jbreher
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lose: unfind ... loose: untight


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March 09, 2018, 07:00:07 PM

it's GTFO

If GTFO is in any way a viable option, and you are not risking anything irreplaceable, then GTFO is always the best option. Even if you are certain to emerge the victor.
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1664555432
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cofefeGandalf
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March 09, 2018, 07:15:38 PM

it's GTFO

If GTFO is in any way a viable option, and you are not risking anything irreplaceable, then GTFO is always the best option. Even if you are certain to emerge the victor.

On that I agree.

--

Tripple bottom around 6k incoming?
realr0ach
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#TheGoyimKnow


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March 09, 2018, 07:19:28 PM

As an example of how dumb money this forum has become, someone just made a post on the speculation forum telling people to buy copper.  As you might guess, I did not agree:

Copper is a joke of an investment compared to silver and gold.  It's way too abundant.  Even LEAD is scarcer than copper:

https://en.wikipedia.org/wiki/Abundance_of_elements_in_Earth%27s_crust

I don't really consider copper a true noble metal either.  Look at old Roman coins.  A lot of the gold and silver roman coins still look brand new.  The copper coins from those days look like someone took a shit on them.  They just don't hold up:







There is no need to search any further than silver if you're looking for the best trade for leveraged gold on steroids (due to silver being much smaller market cap and being the most downwardly manipulated metal on earth with the largest naked short positions).

As you can see, there is no instrumenet on the planet artificially manipulated downwards more than silver and this manipulation will violently implode soon enough:


Torque
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March 09, 2018, 07:47:39 PM

I think we're gonna reverse from here. Bottoming, RSI showing oversold on the 6h and 12h.

But of course the whales are gonna try and punish anyone opening a long here.
HairyMaclairy
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Degenerate bull hatter & Bitcoin monotheist


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March 09, 2018, 07:50:27 PM

You need to understand.  Every time it goes under $8700 I’m poor again which means I will be rich but when it goes over $8700 I’m rich again which means I will be poor.  And I’ve been rich and poor five times today and trust me, rich is better except it means you are going to be poor which is worse so it’s better to be poor and worse to be rich.    

I hope you didn't try to catch a falling knife (I know, it's not falling very hard, but still...) with a leveraged long? Shocked

No I don’t use leverage. And I’m finished trading in this price range because I am happy with my position and strategy and any trade I could make would make me objectively worse off according to those metrics.  

The commentary was more directed at those panicking over arbitrary price swings, which we all know are inevitable.
Toxic2040
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March 09, 2018, 08:13:08 PM

I think we're gonna reverse from here. Bottoming, RSI showing oversold on the 6h and 12h.

But of course the whales are gonna try and punish anyone opening a long here.

I was just posting this.



Its important to look at various indicators to get confirmation of your prognostications. If you discount the upward curl of raising volume and just focus on the MACD you can see a crossing that might indicate bearishness. Looking at the additional data of the stochastic RSI you can see we appear close to a local bottom. Its also critical that you change your perspective(time frame) when looking at a chart often so as to see if your narrative has continuity.
Biro Bob
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March 09, 2018, 08:17:21 PM

Now that I’m poor, I wish I hadn’t told all those clients to go **** themselves in December.

Actually, I don’t. It felt kinda good.  Grin

C’mon Bitcoin! Man up so I can do it to a few more!

Last of the V8s
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Be a bank


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March 09, 2018, 08:26:51 PM

https://medium.com/bitfinex/honey-framework-d1d37d02f1df
https://www.youtube.com/watch?v=NwTNn-WMvNU
The Honey Framework is an open-source toolkit for traders to develop and implement custom order types & trading strategies on the Bitfinex platform. With this framework, users will be able to connect trading strategies running on their own servers directly to our trading engine, and control their execution via the user interface they already know.

The Honey Framework will eventually feed into an open marketplace, whereby users can share & purchase trading strategies and custom order signals from other users.
JimboToronto
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You're never too old to be young.


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March 09, 2018, 08:39:13 PM

Now that I’m poor, I wish I hadn’t told all those clients to go **** themselves in December.

Actually, I don’t. It felt kinda good.  Grin

C’mon Bitcoin! Man up so I can do it to a few more!



That's one great thing about self-employment.

If you're employed and your boss is an a-hole, you have 2 choices, putting up with it or being unemployed.

If you're self-employed and some of your clients are a-holes, you can tell them to f off and still have your good clients.

It serves as a sort of client quality assurance program. Not only do you weed out the a-holes from your clientele, your other clients will probably be happier and more loyal because they probably hate the a-holes too.
jojo69
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1/21000000 , the only math you need to know


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March 09, 2018, 08:39:41 PM

https://medium.com/bitfinex/honey-framework-d1d37d02f1df
https://www.youtube.com/watch?v=NwTNn-WMvNU
The Honey Framework is an open-source toolkit for traders to develop and implement custom order types & trading strategies on the Bitfinex platform. With this framework, users will be able to connect trading strategies running on their own servers directly to our trading engine, and control their execution via the user interface they already know.

The Honey Framework will eventually feed into an open marketplace, whereby users can share & purchase trading strategies and custom order signals from other users.


sounds like a honeypot
rjclarke2000
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March 09, 2018, 08:56:30 PM

Now that I’m poor, I wish I hadn’t told all those clients to go **** themselves in December.

Actually, I don’t. It felt kinda good.  Grin

C’mon Bitcoin! Man up so I can do it to a few more!




This is so funny. That was my exact attitude. I’m being punished now!!
Last of the V8s
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Be a bank


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March 09, 2018, 09:02:15 PM

https://www.bloomberg.com/news/features/2018-03-09/bitcoin-is-ridiculous-blockchain-is-dangerous-paul-ford

This poor slob claims he came across btc in 2009, that his 'math is trash' so he couldn't grok the whitepaper so it's a bubble because other things were bubbles too
btcbeliever
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March 09, 2018, 09:06:50 PM

As we know, the IRS does not claim that you owe income tax on revenue. The IRS claims you owe income tax on income. Which is revenue minus expenses.
actually the IRS has never defined anywhere in their code what exactly is income.  Moreover there is no where in their code that requires most ordinary people to pay an income tax.  But they will fine you $25000 for making any argument like this. And if you are a great communicator and share these views you may end up in prison, like Sherry Peel Jackson (Sherry Peel Jackson Tells it Like it is, IRS is Fraud - Part1) https://www.youtube.com/watch?v=ooHTg6-Y078
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Whimsical Pants


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March 09, 2018, 09:16:02 PM



? Smiley
HairyMaclairy
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Degenerate bull hatter & Bitcoin monotheist


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March 09, 2018, 09:18:12 PM

Solid but not 11
sirazimuth
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born once atheist


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March 09, 2018, 09:23:52 PM

...going shooting ...

Give Ted Nugent a buzz. You two would make great buddies...

You should probably leave your safe and cuddly echo chamber from time to time. You realize about 1/3 of all Americans are gun owners, right?

Salty?
jojo69
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1/21000000 , the only math you need to know


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March 09, 2018, 09:30:05 PM

liking my litecoins about now
Last of the V8s
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Be a bank


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March 09, 2018, 09:32:21 PM


adapted from HaveIGotNewsForYou
JimboToronto
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March 09, 2018, 09:33:33 PM

https://www.bloomberg.com/news/features/2018-03-09/bitcoin-is-ridiculous-blockchain-is-dangerous-paul-ford

This poor slob claims he came across btc in 2009, that his 'math is trash' so he couldn't grok the whitepaper so it's a bubble because other things were bubbles too

Quote
My math is trash, so the Bitcoin white paper made no sense, but I still tried to mine a few coins, without success. I didn’t like wasting my Mac’s central processing unit cycles on folly, so I shrugged the whole thing off.

LOL Mac? As in Apple Macintosh? The guy's obviously a clueless luddite.

Perhaps he should stick to writing. Maybe there's a tabloid hiring somewhere.

 Cheesy
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March 09, 2018, 09:39:44 PM

https://www.bloomberg.com/news/features/2018-03-09/bitcoin-is-ridiculous-blockchain-is-dangerous-paul-ford

This poor slob claims he came across btc in 2009, that his 'math is trash' so he couldn't grok the whitepaper so it's a bubble because other things were bubbles too

Quote
My math is trash, so the Bitcoin white paper made no sense, but I still tried to mine a few coins, without success. I didn’t like wasting my Mac’s central processing unit cycles on folly, so I shrugged the whole thing off.

LOL Mac? As in Apple Macintosh? The guy's obviously a clueless luddite.

Perhaps he should stick to writing. Maybe there's a tabloid hiring somewhere.

 Cheesy

As far as I know there was only a windows wallet available for bitcoin in its early days, no mac wallet. Perhaps he was running windows in a virtual machine on his mac, but his story sounds fishy.

All the 2009 wallets are shown on these two pages, and there doesn't appear to be a mac wallet there.

https://github.com/bitcoin/bitcoin/releases?after=v0.2.11

https://github.com/bitcoin/bitcoin/releases?after=v0.2rc2
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