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Question: Will we close Nov. at or above Plan B's posited minimum of $98K?
Yes - 43 (37.1%)
No - 73 (62.9%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25497618 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. (158 posts by 14 users with 9 merit deleted.)
Last of the V8s
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April 12, 2018, 03:42:39 PM
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jbreher
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lose: unfind ... loose: untight


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April 12, 2018, 03:43:58 PM

Well, our asses are real sore right now at Casa Lawblaw.

Just got our tax work finished, and we owe mid six figures for FY17.

I hear ya man. Same boat here.

I drew down enough for a lambo in Dec. Unfortunately, a the time I didn't draw down enough for the taxes. Now I'm having to sell 3x the stash that I would have at the time. Grr. Poor planning. Or faith in a mistaken indicator. I was watching days-to-double. Either it is a bad indicator, or I don't know how to use it. Grr.

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Taxation is theft, goddamnit.

Agree. Unfortunately, the thieves have guns. More than I do. And radios - radio waves travel faster than cars or even bullets. Grr. Again.
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April 12, 2018, 03:46:57 PM

Guys, your reasons for the continuing downtrend are all wrong.

It's pretty simple.

1. Whale(s) spend a full year pumping Bitcoin and altcoins to the moon, using massive leverage.

2. Whale(s) gain control of the float and thin it out, pushing prices to the moon.

3. Whale(s) massively short sell/dump in one go. Ending bull run.  Whale mega money then sits on sidelines.

4. Whale(s) use lotza coins to squeeze remaining float up and down to make money trading. Mostly down.

5. Average Joes finally lose interest. Sell at bottom.

... and then... eventually... (*we are not there yet*)...

6. Whale(s) use sidelined mega money to scoop up cheap coins at the bottom. Downtrend over. Next bull run starts.

There are no "reasons". There are no plausible "FUD". Its just the way it goes.


Truth!
The elites share/ part of the crypto market will be more concentrated than the current flawed fiat system.
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April 12, 2018, 03:51:37 PM


Haha! quote from article: "Japan started seeking its own rare-earth metals after China held back shipments in 2010 during a dispute over islands both countries claim". Delicious.
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April 12, 2018, 03:57:12 PM

Welcome to the club!


+5 WOsMerits

Love that Medusa artwork as well...thanks.
----------------------------------------
Bitcoin

That was  pleasant to watch.  Bitcoin has surged over $1000 to breakout over $8k on a nice hourly candle. Currently testing the support/resistance area between $7.6k and $7.8k.



Two random lines converge.



The huge number of shorts proved to be irresistible to some whale(s). Now it's downtrend business as usual.

Good morning $btc

We stood on a hill and looked downwards..

#dyor #btfd #cryptouplift
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April 12, 2018, 03:59:21 PM

Yes I would suspect the MAOI interacted with something to cause to SS. I might not have followed the preparation diet as strictly as I should have, especially considering the giant dose I was given which measured about 1 Liter when I now see that most people drink about a small teacup's worth. In addition, I have a genetic SNP called the "warrior gene" which already impairs my MAOA function.

By the way, in the indigenous culture, ayahuasca is not actually MAOI + DMT. It is strictly the Caapi plant (the MAOI) which has the name Ayahuasca. Other additives, such as a DMT source, or other things, may or may not be added. Most of the time they were not and it was just the Caapi. Also, in most healing ceremonies it was actually just the shaman who drank in order to channel energies to the patient and the patient did not even drink. I learned all of this after the fact. So apparently all us tourists are being taken for a ride.

I did not get ill with my current condition until 2 years after this event, so I'm not sure how I would bring up a correlation with my doctor, unless I want to hear that I'm suffering from a somatized PTSD disorder. Actually I'd be curious to do a SPECT scan of my brain and see if anything died.
I was aware that it was usually just the shaman drinking, but I had no idea that it was originally just about the MAOI. I thought that the caapi on its own didn't even have any real effects, at least nothing comparable to any psychedelic. But whatever makes money I guess. It does seem to be hardwired to supply what people demand.


If I wasn't so sure $100k was right around the corner I would probably be a bit irritated by this.
Which corner?
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April 12, 2018, 04:10:29 PM
Merited by xhomerx10 (1)

yttrium, europium, terbium and dysprosium, never heard of any of them lol.



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April 12, 2018, 04:11:59 PM

I'll do my best to be bearish for you. <snip>

As a permabull, I'll make an even more bearish statement.

In Bitcoin's history, there has never been a downtrend reversal and start of a new bull run, without first pursuing a major stop loss hunt and major long liquidation. Never.

So take that for what it's worth.  Undecided

Not sure there would be any major long liquidation anymore to be honest.
Anyone not selling at $6K will probably not sell at $2K or below.

I won't.
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1/21000000 , the only math you need to know


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April 12, 2018, 04:12:19 PM

yttrium, europium, terbium and dysprosium, never heard of any of them lol.


guess he never worked with a YIG oscillator
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April 12, 2018, 04:16:27 PM

Not sure there would be any major long liquidation anymore to be honest.
Anyone not selling at $6K will probably not sell at $2K or below.

I won't.



Only the whales will sell below $6k. The panicked newbies are already out for a long time.

They can dump as much as they want. I will be ready to buy when it touches $4k.
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April 12, 2018, 04:19:45 PM

The huge number of shorts proved to be irresistible to some whale(s). Now it's downtrend business as usual.

Someone told me shorts are piling up to near ATH?

INB4 mega short sqeeze!  Kiss
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April 12, 2018, 04:24:01 PM

There's nothing like the smell of rekt shorts in the morning Smiley

That doesn't mean what you think it means Wink
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April 12, 2018, 04:33:34 PM

show's over folks

back to work
jbreher
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April 12, 2018, 04:40:05 PM

There's nothing like the smell of rekt shorts in the morning Smiley



What ever happened to @SorosShorts? Might be an apropos time for a reappearance.
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April 12, 2018, 04:52:56 PM

Interesting stat - https://twitter.com/cryptorae/status/984414418829131779/photo/1

Today had the highest 1hr volume in Bitcoin ever ever ever.

I have a hard time believing that. What about Dec - like the 7th or so? Went from ~$13000 to ~$20000. On lower volume?
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April 12, 2018, 04:53:54 PM

Welcome to the club!

https://i.imgur.com/iy529dx.png
+5 WOsMerits

Love that Medusa artwork as well...thanks.
----------------------------------------
Bitcoin

That was  pleasant to watch.  Bitcoin has surged over $1000 to breakout over $8k on a nice hourly candle. Currently testing the support/resistance area between $7.6k and $7.8k.

https://i.imgur.com/qNS8x3I.jpg

Two random lines converge.

https://i.imgur.com/EmQHkEC.jpg

The huge number of shorts proved to be irresistible to some whale(s). Now it's downtrend business as usual.

Good morning $btc

We stood on a hill and looked downwards..
https://i.imgur.com/OlDcpF6.jpg
#dyor #btfd #cryptouplift

Bitcoin written to be 11K in 7 days!
Manipulation is accurately planned for 7 days.
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April 12, 2018, 04:55:14 PM

Welcome to the club!



Love that Medusa artwork as well...thanks.
----------------------------------------
Bitcoin


Bitcoin written to be 11K in 7 days!
Manipulation is accurately planned for 7 days.

No please, we need a slow healthy increase.
Not another one to a bubbly peak
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liife threw a tempest at you? be a coconut !


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April 12, 2018, 04:57:15 PM

for those who want a quick review of pompeo hearing (https://bitcointalk.org/index.php?topic=3309971.0) i did it myself... it's trashy, but very close to what I felt...

anyway, I think the short squeeze was the cia... anything to contradict? just pushing some OPM for fun Smiley.

sad and dangerous for those who masterfully playing the short side...

state actors should be banned from ALL markets, and with instant death penalty for any violation... because I understand that to make money to play with OPM and specially unlimited tax basis is fun, but for the beauty of the game, it's disgrace... why isn't state intervention tolerated in nfl but in all trading things, they are alwasy fucking it for at least one side (and that's generally the best outcome).

opinions?
jbreher
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April 12, 2018, 04:59:22 PM

I wanted a tattoo done in UV ink so it only shows under special light not in a business meeting

Well, that wouldn't be a tattoo then. A tattoo is commitment. Own that shit.
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April 12, 2018, 05:02:54 PM
Merited by xhomerx10 (1)

I wanted a tattoo done in UV ink so it only shows under special light not in a business meeting

Well, that wouldn't be a tattoo then. A tattoo is commitment. Own that shit.

Just get your minge done.
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