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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 25818541 times)
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Gab0
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July 08, 2018, 06:59:50 PM

On the Bitcoinwisdom daily chart, it looks like a bullish MA crossover is in place - can anyone with any expertise confirm. 

I am far from an expert, and it feels too early to be optimistic, but I will take any optimistic gloss anyone with the right tint on their spectacles can see.



I'm not an expert either, but the 200ma is still far from the 50ma.
A gold cross is a bullish signal in the frames of larger times.
https://www.investopedia.com/terms/g/goldencross.asp

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July 08, 2018, 07:11:16 PM

On the Bitcoinwisdom daily chart, it looks like a bullish MA crossover is in place - can anyone with any expertise confirm. 

I am far from an expert, and it feels too early to be optimistic, but I will take any optimistic gloss anyone with the right tint on their spectacles can see.



I'm not an expert either, but the 200ma is still far from the 50ma.
A gold cross is a bullish signal in the frames of larger times.
https://www.investopedia.com/terms/g/goldencross.asp



Yep it seems we could go up to 8500-9000 and it still be a bull trap.
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July 08, 2018, 07:13:40 PM

I will admit that Roger ...

There is a bit of a strange overlap with his supposed concept of wanting decentralization, but wanting to have veto power, too...

OK, I'll bite. What is this 'veto power' of which you speak?

It is a concept that Roger Ver does not want to participate unless he gets his way.  

So to you, withdrawing from participation is 'veto power'. Do you have such 'veto power', JJG? Do you believe the desire to be able to remove yourself from an undesired situation is somehow aberrational?

Quote
- and your desire to defend him and craig wright ...

I don't have any desire to defend Roger or CSW. You seem to be conflating these personalities with BCH -- a common small blocker delusion. Sure, I correct stated untruths regarding these folk, but that is defending the truth, not the personalities themselves.


Who would Roger help in the MTGox Hack

Who would Roger help in the big block debate

Who would Roger help at Cryptsy, Lucky7coin

Who did Roger know at Butterfly Labs Asic miners

Who did Roger know in the Silk Road operations under FBI investiagtion,

Why is Roger at the center of it all

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July 08, 2018, 07:14:47 PM
Merited by El duderino_ (1)

the trend is down until it isn't
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July 08, 2018, 07:23:39 PM

I will admit that Roger ...

There is a bit of a strange overlap with his supposed concept of wanting decentralization, but wanting to have veto power, too...

OK, I'll bite. What is this 'veto power' of which you speak?

It is a concept that Roger Ver does not want to participate unless he gets his way.  

So to you, withdrawing from participation is 'veto power'. Do you have such 'veto power', JJG? Do you believe the desire to be able to remove yourself from an undesired situation is somehow aberrational?

Quote
- and your desire to defend him and craig wright ...

I don't have any desire to defend Roger or CSW. You seem to be conflating these personalities with BCH -- a common small blocker delusion. Sure, I correct stated untruths regarding these folk, but that is defending the truth, not the personalities themselves.


Who would Roger help in the MTGox Hack

Who would Roger help in the big block debate

Who would Roger help at Cryptsy, Lucky7coin

Who did Roger know at Butterfly Labs Asic miners

Who did Roger know in the Silk Road operations under FBI investiagtion,

Why is Roger at the center of it all



Yep we know why they want bitcoin dead

Or you could just connect the dots...Wikileaks...Bitcoin Blockchain...Silk Road Operations...

Wikileaks and BTC blockchain... how are they connected?

You can write on the blockchain

Wikileaks has put evidence on the blockchain

https://medium.com/blockchain-education-network/how-to-write-stuff-on-the-blockchain-bdae1704f24d


How wikileaks was first involved in bitcoin
At the time satoshi disappeared, wikileaks announced it was using bitcoin as paypal had terminated their account
Satoshi did not want any undue attention and disappeared

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July 08, 2018, 07:24:42 PM

8500 would be a break of the medium term bearish trend.   That'd be enough for people to be bullish I think, quite significant.   

The standard moving average would be 50 day and 200 day.    Bitcoin isnt a stock so I'm not sure about a golden rule but some investment operations would only examine stocks trading over a 200 day average, apparently its a requirement for some and since everyone else in the market is smaller then billion dollar investment trusts we tend to follow in their wake.   
For Bitcoin I do not know if we should look that strictly at MA, its just a measure of momentum I think.

Theres nothing bullish in MA for daily long term that I see.  I think we are all speculating on a turn around situation which is harder.   The trusts trade certainities and market right could yield nice gains upwards but also its risky.   So I was tracking 4hr 50MA as a loose fit to positive movement since April thats just a weekly measure, about 8 DMA.



So yea that marked the bottom pricing recently, we could still call this positive but I would describe this as looking like a stepladder fallen over.   Its a bit stalled, no longer in the channel I drew in.

Someone called out 6800 as the tide mark or resistance a while back, its basically held that line for now.    I'm not certain on calling it as accumulating to move upwards or not
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July 08, 2018, 07:28:39 PM

the trend is down until it isn't

Spoken wisely
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July 08, 2018, 07:35:34 PM
Merited by WhatsBitcoin (7)

Mmm Nice sunday recovery Just like BTC is doing @the moment
Keep Going up without stopping thx
New ATH’s to make..... new hodlers to test , new whatever bitcoin needs to conquor , Just keep the crypto world Going and all is fine  Grin
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July 08, 2018, 08:10:34 PM

OT : Holy mother of the gods this is bad.
 
https://www.youtube.com/watch?v=XopSDJq6w8E

Were Chinese 'ghost' cities ever meant to have even been used?? Or just a place for excess capital spending and malinvestment to go (i.e., built just for show)? This looks like the mother of all ponzi real estate investment schemes.
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July 08, 2018, 08:21:12 PM

https://github.com/jlopp/physical-bitcoin-attacks/blob/master/README.md
note the guy on Apr 11 is the only bitcoiner to successfully defend himself
get guns. get dogs. and


My cat's been out of the bag for a while now. I spent 2 days in the hoosegow about it. Never discuss Bitcorn with a normal. Never.

Can you explain what you mean? What is a "hoosegow" and how precisely did talking about bitcoin to normies lead to you spending 2 days inside of one?
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July 08, 2018, 08:32:07 PM
Last edit: July 08, 2018, 08:45:19 PM by jojo69
Merited by WhatsBitcoin (1)

hoosegow=jail

the clink, the big house, inside, the lockup, county, doing time, Santa Rita Weekend

kapiche?
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July 08, 2018, 08:43:23 PM

hoosegow=jail

the clink, the big house, inside, the lockup, county, doing time

kapiche?

Well, kapiche on half of the question.
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July 08, 2018, 08:45:15 PM

He talks too much. Probably got himself swatted at the office. Roll Eyes
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July 08, 2018, 08:49:44 PM

Roger Ver talks about his time in jail.

https://youtu.be/hJ07sM5w_Dk
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July 08, 2018, 08:50:30 PM
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He talks too much. Probably got himself swatted at the office. Roll Eyes

Seems to me this all happened around the time he changed his cheeky handle. The slam changes people.  
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July 08, 2018, 08:56:02 PM

Roger Ver talks about his time in jail.

https://youtu.be/hJ07sM5w_Dk

No Bot here just facts
Who would Roger Ver want to run his bitcointalk thread for bitcoin cash'
Who would roger help in the MTGox Hack
Who would roger help in the big block debate
Who would roger help at Cryptsy, Lucky7coin
Who did Roger know at butterfly Labs Asic miners
Who did Roger know in the Silk Road operations under FBI investiagtion,
Why is Roger at the center of it all
This thread is about Bitcoin vs Bitcoin Cash, the reasons of benefits that one has over the other. Thank you.

No worries
Bitcoin Cash is designed to be able to change their blockchain, all code points to this
The code has backdoors
Prove me wrong

I know software developers and I know Roger (As well as Gavin who built bitcoin cash), so try an trust those developers if you want - history

Therefore Legacy Bitcoin chain is the ultimate winner (use your number 1 addresses)


Yep we know why they want bitcoin dead

Or you could just connect the dots...Wikileaks...Bitcoin Blockchain...Silk Road Operations...
Wikileaks and BTC blockchain... how are they connected?
You can write on the blockchain

Wikileaks has put evidence on the blockchain

https://medium.com/blockchain-education-network/how-to-write-stuff-on-the-blockchain-bdae1704f24d

How wikileaks was first involved in bitcoin
At the time satoshi disappeared, wikileaks announced it was using bitcoin as paypal had terminated their account
Satoshi did not want any undue attention and disappeared

Debate

Cryptsy, Cryptsy, Cryptsy - how to get the money back?





I believe that both coins are good and well exist together. But since bitcoin has small blocks and a higher fee than Bitcoin Cash, technically Bitcoin Cash is more suitable as a means of payment. I keep both coins in my briefcase for a long time.


@delphic
Sure do you want payments or a store of wealth?






@ mymenace

I am no fan of Roger Ver and I am no fan of Bitcoin Cash either, I look forward to seeing what happens to the value of Bitcoin Cash when lightening network is implemented in Bitcoin.

Why mention Cryptsy here? What has Roger Ver got to do with Cryptsy?

So it seems you are saying Satoshi vanished and there was someone sinister behind it?


@JollyGood
I know your no fan of them, terrible what they did

Lightning Network/Segwit will work but can easily be dropped or hacked if put into a distributed node network


Roger is involved with it all, a lot of people got hurt by Cryptsy and are felling the pain now Bitcoin has risen, I really feel for all those crypto users.
I feel I have succeeded but in their position would know their anger and rage, I can feel it.


They need a voice and every crypto user to support them, they created this industry

of course there was something sinister in satoshi's disappearance read the original threads

Wikileaks, CIA, NSA, Paypal, Bitcoin, Financial payments all adds up. (Sorry but Duh!! no malice intended)







@ mymenace I disagree with your assumptions that Satoshi vanished as a result of sinister activities and I fail to see why you keep mentioning Roger Ver beyond what he actually is which is an opportunist and someone that was lucky to be in the right place at the right time therefore became super-rich thanks to Bitcoin

@JollyGood
..."This thread is about Bitcoin vs Bitcoin Cash, the reasons of benefits that one has over the other. Thank you."..
Here to discuss / debate those benefits
Bitcoin Cash will work as fast payments but the code is suspect
Bitcoin is a great store of wealth and something everyone should invest in, if they have their own wallet and legacy address

Your argument/basis facts is?
I have assumptions
Roger is an opportunist and still to be defended
And is all about the right time not the right hack





Of course I chose bitcoin instead of bitcoin cash. Because bitcoin is more potent than bitcoin cash. But I'm not saying that bitcoin cash is bad, of course not. Bitcoin popularity is greater than bitcoin cash. From me entering cryptocurrency is just a bitcoin that I think will make me a successful person.


@bapetdik

Agree and as above





Bitcoin cash is crap, and there is no way that it can surpass bitcoin in a near future, so better to stop thinking about it because it is more than obvious that it will never happen.
Even Ethereum is better than bitcoin cash to be honest.



@baus

Great points, this debate is now 3 to 2


Bitcoin vs Bitcoin Cash - The Revenge of Bitcoin

In the everlasting Currency Wars who will reign supreme GOLD, SILVER, PETRO, FIAT, BITCOIN, ALTCOINS, TOKENS, BITCOIN FORKS

 Wink Shocked Roll Eyes




I really do not understand, why people buy Bitcoin cash. I think this is really cunning and unclear project. Personally for me Bitcoin cash is just an altcoin. And i think that such manipulations after wich Bcash was born are really bad for all crypto market.


@cleverhope
Agreed, others debate, disprove, plenty of evidence to support what you said

DEBATE TALLY: 4 to 2


assbot
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July 08, 2018, 08:58:53 PM

He talks too much. Probably got himself swatted at the office. Roll Eyes

Seems to me this all happened around the time he changed his cheeky handle. The slam changes people.  

Quite. He was a completely different person back then.

And so on.
jojo69
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July 08, 2018, 09:08:13 PM

The slam 

well played
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July 08, 2018, 09:09:41 PM

Roger Ver talks about his time in jail.

https://youtu.be/hJ07sM5w_Dk

No Bot here just facts
Who would Roger Ver want to run his bitcointalk thread for bitcoin cash'
Who would roger help in the MTGox Hack
Who would roger help in the big block debate
Who would roger help at Cryptsy, Lucky7coin
Who did Roger know at butterfly Labs Asic miners
Who did Roger know in the Silk Road operations under FBI investiagtion,
Why is Roger at the center of it all
This thread is about Bitcoin vs Bitcoin Cash, the reasons of benefits that one has over the other. Thank you.

No worries
Bitcoin Cash is designed to be able to change their blockchain, all code points to this
The code has backdoors
Prove me wrong

I know software developers and I know Roger (As well as Gavin who built bitcoin cash), so try an trust those developers if you want - history

Therefore Legacy Bitcoin chain is the ultimate winner (use your number 1 addresses)


Yep we know why they want bitcoin dead

Or you could just connect the dots...Wikileaks...Bitcoin Blockchain...Silk Road Operations...
Wikileaks and BTC blockchain... how are they connected?
You can write on the blockchain

Wikileaks has put evidence on the blockchain

https://medium.com/blockchain-education-network/how-to-write-stuff-on-the-blockchain-bdae1704f24d

How wikileaks was first involved in bitcoin
At the time satoshi disappeared, wikileaks announced it was using bitcoin as paypal had terminated their account
Satoshi did not want any undue attention and disappeared

Debate

Cryptsy, Cryptsy, Cryptsy - how to get the money back?





I believe that both coins are good and well exist together. But since bitcoin has small blocks and a higher fee than Bitcoin Cash, technically Bitcoin Cash is more suitable as a means of payment. I keep both coins in my briefcase for a long time.


@delphic
Sure do you want payments or a store of wealth?






@ mymenace

I am no fan of Roger Ver and I am no fan of Bitcoin Cash either, I look forward to seeing what happens to the value of Bitcoin Cash when lightening network is implemented in Bitcoin.

Why mention Cryptsy here? What has Roger Ver got to do with Cryptsy?

So it seems you are saying Satoshi vanished and there was someone sinister behind it?


@JollyGood
I know your no fan of them, terrible what they did

Lightning Network/Segwit will work but can easily be dropped or hacked if put into a distributed node network


Roger is involved with it all, a lot of people got hurt by Cryptsy and are felling the pain now Bitcoin has risen, I really feel for all those crypto users.
I feel I have succeeded but in their position would know their anger and rage, I can feel it.


They need a voice and every crypto user to support them, they created this industry

of course there was something sinister in satoshi's disappearance read the original threads

Wikileaks, CIA, NSA, Paypal, Bitcoin, Financial payments all adds up. (Sorry but Duh!! no malice intended)







@ mymenace I disagree with your assumptions that Satoshi vanished as a result of sinister activities and I fail to see why you keep mentioning Roger Ver beyond what he actually is which is an opportunist and someone that was lucky to be in the right place at the right time therefore became super-rich thanks to Bitcoin

@JollyGood
..."This thread is about Bitcoin vs Bitcoin Cash, the reasons of benefits that one has over the other. Thank you."..
Here to discuss / debate those benefits
Bitcoin Cash will work as fast payments but the code is suspect
Bitcoin is a great store of wealth and something everyone should invest in, if they have their own wallet and legacy address

Your argument/basis facts is?
I have assumptions
Roger is an opportunist and still to be defended
And is all about the right time not the right hack





Of course I chose bitcoin instead of bitcoin cash. Because bitcoin is more potent than bitcoin cash. But I'm not saying that bitcoin cash is bad, of course not. Bitcoin popularity is greater than bitcoin cash. From me entering cryptocurrency is just a bitcoin that I think will make me a successful person.


@bapetdik

Agree and as above





Bitcoin cash is crap, and there is no way that it can surpass bitcoin in a near future, so better to stop thinking about it because it is more than obvious that it will never happen.
Even Ethereum is better than bitcoin cash to be honest.



@baus

Great points, this debate is now 3 to 2


Bitcoin vs Bitcoin Cash - The Revenge of Bitcoin

In the everlasting Currency Wars who will reign supreme GOLD, SILVER, PETRO, FIAT, BITCOIN, ALTCOINS, TOKENS, BITCOIN FORKS

 Wink Shocked Roll Eyes




I really do not understand, why people buy Bitcoin cash. I think this is really cunning and unclear project. Personally for me Bitcoin cash is just an altcoin. And i think that such manipulations after wich Bcash was born are really bad for all crypto market.


@cleverhope
Agreed, others debate, disprove, plenty of evidence to support what you said

DEBATE TALLY: 4 to 2





because the "anonymous" hashpower is @BITMAINtech that's why. @JihanWu is undermining the value of his large BCH hodlings by centralising it

for example if @BITMAINtech were asked to freeze it, mechanically they could because they're majority of the hash rate.

being in central control of a coin is risky for you, and makes the coin less valuable because people understand that risk of freeze.

for BCH that may be ok as a medium security slightly higher scale, on-chain only retail coin, and his choice. but for Bitcoin that is NOT ok



@assboot
is this still a problem for BCH?

DEBATE TALLY: 5 to 2
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July 08, 2018, 09:32:44 PM



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