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

[Raja_MBZ]

Now in the long term is it better for us to actually go lower and hit the triple bottom before a uptick or is it better to just go up?

It'd definitely be better to go lower and confirm the triple bottom. However:



Stoch RSI and RSI (on 1 hour) are looking like they're extremely at rock-bottom, so even if we're heading towards $6600 again, it's probably not gonna happen within the next couple of days.

Awesome graphics!

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[Toxic2040]

https://www.youtube.com/watch?v=D81acGMHz3Y *boring unless your into orchestral compositions*

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You guys are just going to let this little fella run around unsupervised? Irresponsible and possibly negligent.

Squirrel sniffs wind.


Bend the knee.


Dragon wakes slowly.
 

[JayJuanGee]

I've created an off-topic Wall Observer thread: https://bitcointalk.org/index.php?topic=4188393.0

You have gotten this figured out, exactly.. infofront....

If you create an off topic thread, then that OT thread will become on-topic (OT)...


Genius!

[RoomBot]

Bitcorn. Why you gotta be so boring ?

This dip is total weaksauce.

Make it stop! $7944 BTC! FML!

IDK It's always amusing to watch BeeCash flounder.   
Close to 1K now. 
LOSER.

[RoomBot]

I actually watched the Tonya Harding movie on an airplane (There weren't many choices at all). It was actually not bad.

As for "white collar criminals"? If there was a victim, then ya...

A movie about Harvey Weinstein coming to a theater near you. It'll probably star a fat Ben Affleck, since he was so chummy with him anyway. Ol' Harvey will have his old job in Hollywood back in no time. And a stint on Dancin' With The Stars.

After a lengthy Celebrity Makeover. 

[RewFrew]

Fuck! looks like we are going to 7K.

[realr0ach]

Leftism is marxism

Marxism and communism are just mislabeled red herring words.  The correct words for Marxism and communism are political and economic zionism.  They portray some type of spread the wealth, socialist-style propaganda, but the real goal is to centralize all wealth and power under a Jewish authoritarian technocracy where non-Jews are the slaves and god's chosen liars, murderers, and thieves are allowed to plunder whatever they want, just like what they attempted in Russia.

[Raja_MBZ]

Fuck! looks like we are going to 7K.

Smells like a W-bottom to me:



(ignore the colors)

[RewFrew]

Fuck! looks like we are going to 7K.

Smells like a W-bottom to me:



(ignore the colors)

I Saw an ass / double boob on the picture.

[El duderino_]

I have a dream...  This year to see Bitcoin ATH and beecash below 200$. 

[El duderino_]

price is dropping a few bucks.......



so cry and noob sell



or put on BIG boy pants




AAAAAAND BTFD






Thats about it

[kingcolex]

Just at least we have a little bit of a fucking floor now can we March upward.

[Icygreen]

Fuck! looks like we are going to 7K.

Smells like a W-bottom to me:



(ignore the colors)

I'm pretty sure this is what you're smelling.
 Pele god of fire and doom?  Seemed appropriate 

[TERA2]

Fuck! looks like we are going to 7K.

Smells like a W-bottom to me:



(ignore the colors)

What we really need now are some ascending red candles. It would totally trick the bears.

[realr0ach]

Don't forget to dump the whole load on Tera at $3-4k after watching each previous drop all the way from $20k.

[realr0ach]

Oh yea, besides people like Michael Pento, Rob Kirby is one of the better financial talking heads around and he's suddenly come out against bitcoin:

https://www.silverdoctors.com/gold/gold-news/rob-kirby-bitcoin-is-being-put-forward-by-the-globalists-as-the-alternative-to-gold-silver/

[JayJuanGee]

Fuck! looks like we are going to 7K.

Smells like a W-bottom to me:



(ignore the colors)

What we really need now are some ascending red candles. It would totally trick the bears.

Many of us in the HODL Craefully Gang are not feeling too good, right now.

Can you just leave us alone?

[El duderino_]

Don't forget to dump the whole load on Tera at $3-4k after watching each previous drop all the way from $20k.

[Ibian]

Would you people stop giving it attention already.

[realr0ach]

One of the strangest but somewhat interesting price comparisons for gold I've seen:



As for dollar values, that would be something like $1786, I guess.  It's complicated comparing anything like that to modern era because amount of gold has increased a lot, but so has the population, and there was still tons of low cost of production, low hanging fruit gold to extract then from some hillside, and there's none now.  Price generally never goes below current cost of production, with cost mostly being determined by diesel prices, meaning when they attempt to rig metals down to cost of production, the rigging makes metals act as a derivative oil contract until the rigging or financial system blows up.  

The other big factor is that oil will soon be priced in precious metals instead of dollars for international trade, and if it requires spending one ounce of gold or silver to mine 1/10th an ounce of gold or silver, nobody would ever do it. Such transitions to new units of accounts (oil priced in metals instead of dollars) usually have enormous revaluations to the upside for the new unit of account.  Anyway, silver upside is obscenely higher so no point talking about gold.