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

[HairyMaclairy]

newish twitter reason to fomo/clutch at straws/smoke the hopium: Bitmain IPO
https://twitter.com/Crypto_Bitlord/status/1027492680320802816

You know something has gone to shit when they IPO it. 

[Majormax]

It seems to me that we gotta get above $10k anyhow before we get too confident that the bottom(s) (however many there have been so far) are "in."  

Part of my thinking remains that unless we get above $10k and stay there for a while, we still remain in close striking distance of our current local bottom(s)(again however many there are), and we cannot really rest with comfort while BTC prices are in such close bottom(s) proximity.

By the way, maybe I am wrong about $10k and maybe the safe price point is at a different amount?    I am just using that $10k as an approximate tentative place, at the moment, in my current thinking.

Good analysis, in my view.

The market will tell us where it is going, ultimately. We can make scenarios and conjectures.  Using the terms if/then/but for alternatives is important.


10k would certainly improve the odds that the bottom was in. Looking at the time scales of the down wave (I would rather call this a bear market) you can see it is unlikely we can form an bullish opinion for some months (10k is going to take a bit of work to get to).

With price sitting near lows, a bearish opinion could be quicker to get to (if 5.8k is broken decisively).

I look at the price action with decades of chart/trend watching  experience , and those are the sort of reasons for me to say on balance, we are still in a bear market. A base, and bull trend will take time and market 'effort' to form. Current price action could be forming a bottom, but its too early to say. All the previous lows of major BTC bear trends have been short lived (spike bottoms), and that doesn't bode well here.

[ToTheMoon_XOM9IK]

[El duderino_]

So what is This weekend gonna bring me.....? For sure a good proportion of fine food and alcohol This evening, a NOCOINER wedding tomorrow So again lots of booze Just to project myself of getting in No NOCOINING talks 
Sunday super relax and sober up times with watching premier league offcourse but al This Will iT go with a BTC weekend pump or a BTCweekend dump mmmmm whatever i Will probably be to fucked up to even Just watch the prices 

[HairyMaclairy]

[Last of the V8s]

https://status.pro.coinbase.com/

Update - The BTC-USD order book did not meet sufficient liquidity needed to enter limit-only mode. We have cleared the book and expect to re-open the book in post-only mode at 9:00am PT.
Aug 10, 00:31 PDT
Update - The BTC-USD order book is now in post-only mode. We will remain in post-only mode for a minimum of 10 minutes.
Aug 10, 00:01 PDT
Update - We have cleared all resting orders on the BTC-USD book. We will enter post-only mode at 12:00am PT.
Aug 9, 23:57 PDT

How are you meant to get out to usd in a dump?

[mymenace]

https://status.pro.coinbase.com/

Update - The BTC-USD order book did not meet sufficient liquidity needed to enter limit-only mode. We have cleared the book and expect to re-open the book in post-only mode at 9:00am PT.
Aug 10, 00:31 PDT
Update - The BTC-USD order book is now in post-only mode. We will remain in post-only mode for a minimum of 10 minutes.
Aug 10, 00:01 PDT
Update - We have cleared all resting orders on the BTC-USD book. We will enter post-only mode at 12:00am PT.
Aug 9, 23:57 PDT

How are you meant to get out to usd in a dump?

The storm is upon us

They are down globally, in parts (correction)

Something going on (Singapore, Australia, USA)

[Last of the V8s]

Looks like 0xBTC is pumping today

https://coinmarketcap.com/currencies/0xbtc/#markets

take your corporate kleptocurrency and shove it where the sun don't shine

[mymenace]

Stolen in whales, bitcoin and altcoin analytics for 2018-2019.
Here are all plans that will be bitcoin and altoquin courses.
Starting from 2018, everything described in the document came to an accuracy of 94%.
Download document (.doc file) - http://[Suspicious link removed]/2JUfl0X
Password to open - C68Qy6}O~wfUaRX$gr8~GXE$

Virus above - interesting

No one ever provides answers

I registered to CryptoPolice Twitter campaign
My registration code is OFCR-1ES22D4AAFF2D3CE444523957SEUB682AAS7853

Shall we play a game

[Last of the V8s]

Core dev Cory Fields saved Bcash from collapsing....

https://medium.com/@coryfields/http-coryfields-com-cash-48a99b85aad4

What a fucking shit show.
If your enemy has a chink in his armour, you don't point it out to him, you plunge your sword in right there. Kill him off and move on to the next fucker.
But oh no MIT are complete enemies of bitcoin, brainboxes paid by the USG to fuck it up and keep its other enemies alive.
don't @ me

[Last of the V8s]

http://webcache.googleusercontent.com/search?q=cache:https://www.imf.org/external/pubs/ft/fandd/2018/06/central-bank-monetary-policy-and-cryptocurrencies/he.pdf https://www.imf.org/external/pubs/ft/fandd/2018/06/central-bank-monetary-policy-and-cryptocurrencies/he.pdf

Epic disruption incoming courtesy of teh bitcoin

[HairyMaclairy]

USD / Turkish Lira.  This is exponential inflation. 

[posi]

Absolutely cause anybody that sell his or her holding in other not to loose because of the dump in price of the market such person person is already loosing. How ever, this remind of Papa Laszlo the man who bought 2 pizza with 10,000 bitcoin back in the year 2010 and I knew he will surely regret doing that now. Guys don't sell your bitcoin now if it not for an important or urgent situation so you won't regret it.

[El duderino_]

So what is This weekend gonna bring me.....? For sure a good proportion of fine food and alcohol This evening, a NOCOINER wedding tomorrow So again lots of booze Just to project myself of getting in No NOCOINING talks 
Sunday super relax and sober up times with watching premier league offcourse but al This Will iT go with a BTC weekend pump or a BTCweekend dump mmmmm whatever i Will probably be to fucked up to even Just watch the prices 

Could iT be a pump 

[Last of the V8s]

https://medium.com/mit-media-lab-digital-currency-initiative/reducing-the-risk-of-catastrophic-cryptocurrency-bugs-dcdd493c7569 https://archive.is/zqc3h
'everyone' loves Neha because she did something clever last year (https://github.com/mit-dci/tangled-curl/blob/master/vuln-iota.md) ffs

projects

Awarding bug bounties worth a multiple of the black-market value of the exploits

[Hueristic]

Alas, at last years BTC prices...I could afford them. (ie...keep them in the lifestyle such 'trophy girlfriends' require.)
 

er NOW...not so much...can't afford the lifestyle of a female sales clerk at J.C. Penny.....


the universe is 'cruel'


alas...

Don't forget you can always just get them from a different country.

Core dev Cory Fields saved Bcash from collapsing....

https://medium.com/@coryfields/http-coryfields-com-cash-48a99b85aad4

W0w i's crazy that those tards don't a secure means of submitting catastrophic bugs!!!!!!!!!

What fucking amateurs.

Great read , thanks.

er NOW...not so much...can't afford the lifestyle of a female sales clerk at J.C. Penny.....


the universe is 'cruel'

Remember my friend, you don't pay for them to come into your life.

You pay them to leave.

Very important to always remember this.

Toys have an upkeep cost if you don't want to share them.

[josephpogi]

[withlove99]

My feeling that every day I look at Bitcoin prices as shown in the picture below



What is your feeling?

[jonemil24]

~ this remind of Papa Laszlo the man who bought 2 pizza with 10,000 bitcoin back in the year 2010 and I knew he will surely regret doing that now.~

Really dude?

According to laszlo;

You know, I don't regret it. I think that it's great that I got to be part of the early history of Bitcoin in that way, and people know about the pizza and it's an interesting story because everybody can kind of relate to that and be [like] - "Oh my God, you spent all of that money!" I was also kind of giving people tech support on the forums and I ported Bitcoin to MacOS, and you know, some other things - fix bugs and whatnot, and I've always kind of just wanted people to use Bitcoin and buying the pizza was one way to do that. I didn't think it would get as popular as it has, but it's gotten to be a really catchy story for people.

Source

Bitcoin was cheap back then, and we can never tell the future. Both laszlo and jercos made a sacrifice, and it became a history.

Who knows, he might be hodling more than BTC10k.

[gentlemand]

Absolutely cause anybody that sell his or her holding in other not to loose because of the dump in price of the market such person person is already loosing. How ever, this remind of Papa Laszlo the man who bought 2 pizza with 10,000 bitcoin back in the year 2010 and I knew he will surely regret doing that now. Guys don't sell your bitcoin now if it not for an important or urgent situation so you won't regret it.

He was the first GPU miner. He'll have tens of thousands more coins.