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

[Rosewater Foundation]

This whole day has been totally unnecessary. 

[vroom]

This whole day has been totally unnecessary. 

no, this is how the bitcoin market works. the last dump was necessary to fuel the next pump to over 9k.

*rocket.gif*

[buyandhold]

[Wekkel]

This whole day has been totally unnecessary. 

no, this is how the bitcoin market works. the last dump was necessary to fuel the next pump to over 9k.

*rocket.gif*

This.

Next pump expected between 4-6 August.

[jonoiv]

This whole day has been totally unnecessary. 

no, this is how the bitcoin market works. the last dump was necessary to fuel the next pump to over 9k.

*rocket.gif*

Mr Elliot is turning in his grave. Is there anyone else who wants to share their infinite wisdom?

[jonoiv]

This whole day has been totally unnecessary. 

no, this is how the bitcoin market works. the last dump was necessary to fuel the next pump to over 9k.

*rocket.gif*

This.

Next pump expected between 4-6 August.

and next Bot will post more propaganda in approx 5 mins.

[vroom]

This whole day has been totally unnecessary.  

no, this is how the bitcoin market works. the last dump was necessary to fuel the next pump to over 9k.

*rocket.gif*

Mr Elliot is turning in his grave. Is there anyone else who wants to share their infinite wisdom?

try harder

[LFC_Bitcoin]

It’s not that much of a price drop. Why is everybody panicking like a bunch of pubescent teenage girls?

Strap on a fucking sac.

HODL

Yup!

Back up to 81xx

[buyandhold]

[B1tUnl0ck3r]

I can't stop laughing at the low iqs here ... a few recent extracts :

Are B1tUnl0ck3r and mymenace the same person/bot?

What a brilliant observation, I really like some of his recent posts, very interesting. I must add Rosewater Foundation... always cheering.

Are B1tUnl0ck3r and mymenace the same person/bot?

I've ignored both for posting gibberish, eerily similar gibberish now I think about it, so you could well be on to something.

im kinda wondering the same thing myself. both are on ignore at the moment but i click "show post" every so often for the lulz.

thanks vap, don't get fooled by the other idiots, a smile is worth more than you will ever get, and don't forget them please when things seems less rosy to you... if only my stupidity can bring something positive it would already be a great achievement. So please keep lulzing... pixels which make lulz, isn't it the goal?

I was thinking maybe that B1t gibberish posting character ran outta meds again or something....

dude, I hope you will find love and life and will not be forced medicated or force vaccinated. Forced medication is the planned outcome for bitcoin enthusiasts according to a so called ex cocaine addict running a brainwashing facility in the uk, targeting bitcoin fan... so joke as you want...

(https://www.independent.co.uk/news/business/news/bitcoin-addiction-rehab-cryptocurrency-trading-castle-craig-hospital-a8373801.html)

Are B1tUnl0ck3r and mymenace the same person/bot?

I've ignored both for posting gibberish, eerily similar gibberish now I think about it, so you could well be on to something.

you are part of the most stupid uninteresting people on this board, please try to be a little bit more original and creative in your posting... it's frankly sad.

It is so funny how it fits the american way....

facebook, twitter, google, all seek to censor to oppress, dominate control and rape, while tencent and co try to create a better china.

what happened to my america? I think it's the whorization of the entire female populations, behind their illusory quest for domination, that lead most americans males to fall so low... all wanna be the next

I don't know about whorization-I don't see it on a mass scale, but another statement is true:
every single american corporation want's to mess you up: shady fees, sudden price increases, not doing their job, etc.

A couple examples:
1. Airlines who made distances between seats so small, it is positively UNCOMFORTABLE experience, unless you pay for 1st class.
2. Healthcare companies that send you a letter of their commitment for a certain timeframe, then suddenly renege while providing highly technical mumbo-jumbo response about why they did it. I can translate it: we f-k you because we can and you should enjoy it.

I intend to focus on bitcoin/crypto because I see this is the ONLY way out of this situation, but not everyone would be able to do it, hence a campaign to decrease attraction to bitcoin by spreading FUD.

Smart people in finances (like Bill Miller) are openly suggesting to large fiat holders to buy bitcoin/crypto ASAP. If he/they do it in the open it means that not much time is left before a large upswing.

I think it's localized, it depend on the county... the more the income disparity, and access you get with money (rooftop party vs over a subway vent) and the less urban areas (there are no vip area in rodeos but for the riders...).

To comeback to our agreement, I really like the term coined by the great max keizer, aka the zombie corporation... they are trying to eat us... until we are destitute and then start to rape us, because this is what they really are after.

airlines... first you have to breach the tsa gates... wait like a rats, then be exposed to who knows what in overcrowded planes... wear mask and knee protection gears under your pants...

healthcare... look at the post above, they even have their little drones, at least this one can make simple sentence, ready to pump their bottom lines... 40% of the american population is on psychoactive... it tells you a lot about the real suffering in the society... and imagine the day their supplies are cut... what I really hate is how the "law class and the medical class" work in harmony to exploit and parasite everything...

here they don't spray their FUD... what can they do? like the low iq say to us to take our meds? or maybe they will try to medical arrest Bill Miller (I don't know the guy) and send him in rehab for excessive trading? let me laugh...

no the best option is the war against the enslavers...

anyway... enjoy :

2.190. Fight against those who fight against you in the way of Allah, but do not transgress, for Allah does not love transgressors.

2.191. Kill them whenever you confront them and drive them out from where they drove you out. (For though killing is sinful) wrongful persecution is even worse than killing. Do not fight against them near the Holy Mosque unless they fight against you; but if they fight against you kill them, for that is the reward of such unbelievers.

2.192. Then if they desist, know well that Allah is Ever-Forgiving, Most Compassionate.

2.193. Keep on fighting against them until mischief ends and the way prescribed by Allah prevails. But if they desist, then know that hostility is only against the wrong-doers.

2.194. The sacred month for the sacred month; sanctities should be respected alike ( by all concerned). Thus, if someone has attacked you, attack him just as he attacked you, and fear Allah and remain conscious that Allah is with those who guard against violating the bounds set by Him.

[Rosewater Foundation]

This whole day has been totally unnecessary.  

Whales jerking each other off on margin, while we coil upwards.

Asshole, sexually-frustrated whales, I tell ya hwat...

If you ever wondered why the ocean was so salty..

[HI-TEC99]

This whole day has been totally unnecessary.  

Whales jerking each other off on margin, while we coil upwards.

Asshole, sexually-frustrated whales, I tell ya hwat...

That's the third time they pulled that trick in seven days.

[B1tUnl0ck3r]

This whole day has been totally unnecessary.  

Whales jerking each other off on margin, while we coil upwards.

Asshole, sexually-frustrated whales, I tell ya hwat...

If you ever wondered why the ocean was so salty..

the good joke, and it's serious, how do whales drink?

edit: https://www.scientificamerican.com/article/how-can-sea-mammals-drink/

[JayJuanGee]

Bitcoin difficulty change: 14.88%. This is big! 

A bit bigger than the June 5th change, which was followed by a drop from 7600 to 5800.

I thought difficulty follows the price usually, but not vice versa.

We're going through strange times, where difficulty goes up and price goes sideways. There might be some trick performed by hashrate monopolists to cut out the small fish. I mistrust the recent statements about transparency of shipping made by some miner vendors. Call me ill minded if you please.

Whether you are "ill-minded" or something else, we can probably already postulate that there is not any real short term correlation of BTC price to difficulty.

Surely in the longer term we might be able to assert some kind of correlation, but there remains a lot of variation in the demographics of miners including the fact that some of the miners are kind of betting on long term bitcoin success, so pretty much, they keep doing whatever they are going to do, based on longer term expectations rather than short term happenings.

Surely, there are some of the miners who are likely attempting to play around and manipulate difficulty and hashing rate, but those can end up being costly plays too, if the market (or the remaining miners) do not react in expectable ways in response to their manipulation attempts.

[ivomm]

I was about to post the same pic! We have a new pattern, kinda like bart with spiky haircut. Two short squeezes for a day and at least 5-6 for a week are definitely brutal. Bears are in pain  

[buyandhold]

I was about to post the same pic! We have a new pattern, kinda like bart with spiky haircut. Two short squeezes for a day and at least 5-6 for a week are definitely brutal. Bears are in pain  

I dunno. Look how droopy that trend is. I'm depressed. whatever

[HairyMaclairy]

New downtrend line is holding



And looks like we may revisit support from the age old support / resistance line:

[jonoiv]

This whole day has been totally unnecessary.  

no, this is how the bitcoin market works. the last dump was necessary to fuel the next pump to over 9k.

*rocket.gif*

Mr Elliot is turning in his grave. Is there anyone else who wants to share their infinite wisdom?

try harder

wow a wordless meme, it really emphasizes your point.  It shows you know what you're talking about.   I'm willing to listen to bullish points of view, just not willing to listen to people / bots that write the same old...Yay moon, rocket, choo choo ect. Im sure that some people on the forum will be sucked in by it from time to time, but most people will form their own opionions based on analysis, not simpletons with vested interests and a collection of recycled memes.

[JayJuanGee]

I just need to point out that the bear market of 2013-2015 was not exactly three years, but one year and a half. Since it covered three years, people think they were full three years, which is not the case.

There can be a lot of variance in the measurement both in terms what was the actual bear market, and there are some reasonable claims to 3 years, especially if you count from the top of the previous peak and how long it took to return to prices above the previous peak.  Surely, measuring from previous peak to returning above that seems a bit of an extreme measurement too.

Another angle, is to measure what were the perceptions of being in the bear market - and getting out of such bear market.  You know some folks like to call "bear market" as soon as the price enters into a correction, and some times they might end up being right.. like chicken little continuing to say that the sky is falling or the boy who calls wolf.  When you call "bear market" early and often, it remains unclear whether the trend would have been reversing..

Furthermore, even your depicted time-frame of 2013-2015 might be inaccurate and suggests the result that you want us to reach.

Personally, I have been of the belief that even though the bear market of 2014 began around late 2013, it really would not have been reasonable to label it as an actual "bear market" until about the end of 2014 when the price continued to not be able to recover above $500, and then just plunged into its low large $200 range.  Also, even though BTC prices largely began to recover in about October 2015, we really did not have any convincing evidence until about May 2016 when the price shot above $500 for the second time (of the previous 7 months), and even that end of May 2016 shooting up was far less than a 100% certainty about being out of the earlier bear market (but instead a reasonable perception, and bet).

I guess in the end, I likely agree with you that the bear market was less than 3 years, but I would most strongly characterize such bear market (both the perception and the ultimate market performance) lasting between about mid 2014 and mid 2016.. which would be two years, but surely we could recognize arguments for the assertion of alternative frameworks, depending also upon whether you believe certain causes to have been more prevalent to your story of what happened (bringing us into or out of such "bear market").

Finally, some folks have reasonably asserted that bitcoin has never been in any kind of meaningful bear market, and surely that kind of story would just emphasize the s-curve adoption aspect of bitcoin, and perhaps give less emphasis to some of the reality of the significant price corrections in terms of length of time and depth of the correction(s).

[HairyMaclairy]

Just checking in with the conservatives here - we all agree that if Trump did a deal with the Russians for them to hack the Democrats emails, then there's absolutely nothing wrong with that?  Getting a foreign power to hack your political opponents is just smart business?  Do you agree?

http://thehill.com/homenews/administration/399461-giuliani-collusion-is-not-a-crime