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

[Raja_MBZ]

Light Blue = bitcoin market cap
Green = bitcoin value
Red = realr0ach posts activity at Wall Observer BTC/USD thread

Conclusion:

realr0ach is more active in the thread when bitcoin dips.

[Kylapoiss]

Damn when is it gonne stop?
Dropping fast now...

Someone with charts how things looking for now

Things are looking good.

[Robin,Hood]

Any long term hodlers take this to heard. Accumulation phase is nearing the end.
https://i.imgur.com/lAw0vTG.png

[El duderino_]

Do you really get rekt every time, bones, or is it just preventive whining?

(You're free not to answer this, of course. It's just a cocky opening.)

I'd try and make the bet smaller relative to my playroll, keeping leverage at maybe 3 tops, 1~1.5 even better. "Going long" can actually mean buying a few cents and stashing away. So can "taking profit." Increasing the amount in the freezer is probably the most hopeful subgoal to gambling with 100% house money.

I mean: you know a few things about retirement and taxes. I'm sure you made a few calculations. I know you understand this magical internet money fairly well, too. Come on.

To be blunt, my finances are a horror story. I truly am REKT. My cryptocurrency portfolio has never been large. We are talking less than 1 BTC worth ATM.
Also, everyone knows the saying that those who can't,  teach. Definitely applies to me when it comes to retirement. I have jack shit saved up for retirement and I am 50.
I basically live paycheck to paycheck and the balances on my credit cards increase monthly. I have been working the same job for 15 years and I am probably way overqualified for the position. I hate to admit it, but I am truly an unmotivated loser. What has been nice, starting in November of 2017, is that I did get to cash out on my cryptocurrency profits to keep my head above water. Unfortunately, that well is going to dry up rather quickly. Especially if the BTC market keeps going with the current downtrend. Sometimes I'm just tempted to liquidate all my meager cryptocurrency holdings right now. However, a part of me wants to hold on for as long as possible because quite frankly, it gives me a little ray of hope that maybe things will turn around, and I can delay the looming bankruptcy filing indefinitely.
I will probably regret this posting, since I have bared all to practical strangers. Oh well, at least it was a little therapeutic to have my own pity party.

i allways really hope a good hodler with less than 1-2 BTC win my list games ..... hoping you gonna catch one of them , meanwhile keep hodling your precious BTC and try to expand when possible

this kinda encourage me to buy a dip and set up another list in the near future

[El duderino_]

Damn when is it gonne stop?
Dropping fast now...

Someone with charts how things looking for now

[savetherainforest]

I love my chickens.

I love my chickens too

Welcome World to the "Wall Observer Forum" !!!


And the price seems nice for some more buying!!! BUY THE DIP!!! YOU HEAR ME!??? BUY THE eF-ing DIP!!!!

[El duderino_]

Bitcoin traders offered therapy for addiction   


https://www.thetimes.co.uk/article/bitcoin-traders-offered-therapy-for-addiction-cv2cwv56l

[El duderino_]

I love my chickens.

I love my chickens too

Welcome World to the "Wall Observer Forum" !!!


And the price seems nice for some more buying!!! BUY THE DIP!!! YOU HEAR ME!??? BUY THE eF-ing DIP!!!!

[Elwar]

Bitcoin traders offered therapy for addiction   


https://www.thetimes.co.uk/article/bitcoin-traders-offered-therapy-for-addiction-cv2cwv56l

Good thing I don't trade. Just convert from the old currencies to new.

[blacky90]

Time to go long ?

[Majormax]

Damn when is it gonne stop?
Dropping fast now...

Someone with charts how things looking for now

MasterLuc does not think it looks good...

Why is Bitcoin there? At bitcoin, everything is bad in the mid-term. In the week-long picture, you can see yourself - in the negative zone of the BB, the falling ma20 and everything like that presses from above. Where do we fall? On my previous charts, there is a historical logarithmic support line in the 3-4k area, depending on how to navigate. In the area of ​​2000, we are met by a week-long ma200. I consider the support of this curve to be absolute at this stage. It just can not be pierced.

Bear the wind blows to us from Wall Street. There are very clever guys with big swaps, they are shaking the same button in all markets, including bitcoin. This is an exhaustive explanation of what is happening.

Once again I say bulls sleep at least until the 19 th year.

Damn if we go to 3k-4K thats realy bad for BTC, from 20k to 3k is not good.
I hope your wrong... if your not then iT Will be a hard time for BTC owners including my self.

On the contrary, I think 3k would be good for BTC. The parabolic move up from 2.5k only took 4 months, too fast, and too overbought.

The price has to get oversold before a strong low is established.  Nothing to worry about in the long term.

I present a very different outlook to most ppl. , and have always gravitated to the contrarian point of view.


The very biggest scale picture : I count 4 large price waves of adoption since 2011. The chart points are classic formations, like a single huge bull move. The previous high supports the next-but-one low (in fact there is always a significant gap : that is an indicator of the strength of the big move).


The series is (approx).

Highs :   $32, $200, $1200, $19000.


Lows :    $50, $270, (   )     $2000 fits quite well here. It would still leave the series intact.


If this is correct, I would not expect the price to spend much time below $3000, blink and you might miss it. It could take a year to get there.


These levels also fit well with the Dimon Dip in September 2017, to $2500, which is where the real parabola started.

[El duderino_]

Time to go long ?

on every dip i think its good to go long ..... but you never no whats gonna happen on short time.....
i never go short or long just hodl

[Karartma1]

When the days are slow and you are losing your temper, don't do that. Green fields will come into being
I don't know if this was posted already but it made me laugh
https://www.youtube.com/watch?v=AQdH1EloyWw&feature=share

[Ibian]

If anyone is thinking about getting a ledger, don't. I just updated the firmware and it was a fucking nightmare.

Part of the way through the update process it got stuck. The ledger showed the word bootloader and clicking the buttons did nothing. The wallet software just said to plug it in. No options, nothing worked.

Turns out lots of people have this problem. Their support page says that for those of us running windows 7, we will have to finish the update on another machine. One not running win7.

I do not have a non-win7 machine and there is no way I am downgrading to win10. Nor do I want to spend money on a new machine even if that was an option.

So that's the situation. The update was mandatory so no way to avoid it, and it didn't complete. My coins were stuck.

I eventually found a developer version of the ledger manager software on github, ran it and the update went through and things worked normally again. But that was pure dumb luck, could easily have been locked out of my money for months.

Get a trezor instead. Updated the firmware on that too and it went through in seconds with no issues. Thinking about dropping the ledger and getting an extra trezor instead. Or maybe an entirely different brand would be in order.

[Majormax]

Time to go long ?

on every dip i think its good to go long ..... but you never no whats gonna happen on short time.....
i never go short or long just hodl

Perhaps going long or short a small amount (say 5-10 % of your total) would provide a bit of sport while you HODL the rest , just to help you follow the price moves.

It's either that, or go away , don't look at BTC, and do something else for the rest of the year.

[Ibian]

When the days are slow and you are losing your temper, don't do that. Green fields will come into being
I don't know if this was posted already but it made me laugh
https://www.youtube.com/watch?v=AQdH1EloyWw&feature=share

Nice. We don't have bums around here but I almost wish we did. Yeah I think I'm fucking better cause I don't have to beg, I don't give money to those who do, and calling me names does nothing other than make me feel sorry for you and better about myself.

[Vin]

Thanks Ibian.

Good to know! I think many people are using Win7 and don't want to switch to Win10.

https://support.ledgerwallet.com/hc/en-us/articles/360003117594-Firmware-Update-Frequently-Asked-Questions
If you are using Windows 7, you will have to finalize the update on another computer (not running Windows 7). We are working on a fix, but meanwhile this is the only option.

[vroom]

If anyone is thinking about getting a ledger, don't. I just updated the firmware and it was a fucking nightmare.

Part of the way through the update process it got stuck. The ledger showed the word bootloader and clicking the buttons did nothing. The wallet software just said to plug it in. No options, nothing worked.

Turns out lots of people have this problem. Their support page says that for those of us running windows 7, we will have to finish the update on another machine. One not running win7.

I do not have a non-win7 machine and there is no way I am downgrading to win10. Nor do I want to spend money on a new machine even if that was an option.

So that's the situation. The update was mandatory so no way to avoid it, and it didn't complete. My coins were stuck.

I eventually found a developer version of the ledger manager software on github, ran it and the update went through and things worked normally again. But that was pure dumb luck, could easily have been locked out of my money for months.

Get a trezor instead. Updated the firmware on that too and it went through in seconds with no issues. Thinking about dropping the ledger and getting an extra trezor instead. Or maybe an entirely different brand would be in order.

I have 3 ledger and had no problems updating it.

updating firmwares is critical on ANY device. even your holy trezor has firmware upgrading problems: https://www.reddit.com/r/TREZOR/comments/8bimim/trezor_one_stuck_on_firmware_update/

[Dakustaking76]

Damn when is it gonne stop?
Dropping fast now...

Someone with charts how things looking for now

MasterLuc does not think it looks good...

Why is Bitcoin there? At bitcoin, everything is bad in the mid-term. In the week-long picture, you can see yourself - in the negative zone of the BB, the falling ma20 and everything like that presses from above. Where do we fall? On my previous charts, there is a historical logarithmic support line in the 3-4k area, depending on how to navigate. In the area of ​​2000, we are met by a week-long ma200. I consider the support of this curve to be absolute at this stage. It just can not be pierced.

Bear the wind blows to us from Wall Street. There are very clever guys with big swaps, they are shaking the same button in all markets, including bitcoin. This is an exhaustive explanation of what is happening.

Once again I say bulls sleep at least until the 19 th year.

Damn if we go to 3k-4K thats realy bad for BTC, from 20k to 3k is not good.
I hope your wrong... if your not then iT Will be a hard time for BTC owners including my self.

On the contrary, I think 3k would be good for BTC. The parabolic move up from 2.5k only took 4 months, too fast, and too overbought.

The price has to get oversold before a strong low is established.  Nothing to worry about in the long term.

I present a very different outlook to most ppl. , and have always gravitated to the contrarian point of view.


The very biggest scale picture : I count 4 large price waves of adoption since 2011. The chart points are classic formations, like a single huge bull move. The previous high supports the next-but-one low (in fact there is always a significant gap : that is an indicator of the strength of the big move).


The series is (approx).

Highs :   $32, $200, $1200, $19000.


Lows :    $50, $270, (   )     $2000 fits quite well here. It would still leave the series intact.


If this is correct, I would not expect the price to spend much time below $3000, blink and you might miss it. It could take a year to get there.


These levels also fit well with the Dimon Dip in September 2017, to $2500, which is where the real parabola started.

I hope your wrong haha, i hope we dont go that low...
but if it goes i have Some money to buy more..

[Robin,Hood]

If anyone is thinking about getting a ledger, don't. I just updated the firmware and it was a fucking nightmare.
...........................

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