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

[scambust]

Check out the number of unspent outputs. https://www.blockchain.com/charts/utxo-count?timespan=1year

I think once it breaks above 55 million, we will all be happy. 

[infofront]

It's too quiet in here.

I was just thinking - there are three types of people in this world. Those that can do basic math, and those that can't.

#deepthoughts

[JayJuanGee]

[edited out]

Many years of following the wall observer proved every strategy correct
Essential in maintaining and increasing your wealth
The years see many falls, calculated risk, scams and bad luck
Always best to follow your money and not lose sight
If anyone ever steals your money, never stop looking
One day you might get your opportunity

Within your gibberish, surely one decent point can be observed, and that is that the expression that luck comes from a kind of preparation that meets opportunity.  Accordingly, if any of us continue to prepare and to have some of our chips in place, then when the time for opportunity comes we will be in a position to play our chips (which is a kind of luck that largely comes because we have prepared our own situation).

[goldkingcoiner]

"In a chilling but sadly all-too-familiar sequence of events, UK banks have been targeting cryptocurrency owners. Individuals who have cashed out large amounts of cryptocurrency – legitimately – have had their assets frozen and accounts locked without warning, fueled by fears of money laundering and a general distrust of bitcoin. One victim even claims to have had their house raided and computer equipment seized in a follow-up operation by UK police."

source: https://news.bitcoin.com/funds-frozen-account-closed-uk-banks-target-cryptocurrency-owners/

got a' license for those coins, ya cheeky wanker?

[micgoossens]

It's too quiet in here.

I was just thinking - there are three types of people in this world. Those that can do basic math, and those that can't.

#deepthoughts

Whatever the third type is i probably am that type
And Yes its really really quiet in here maybe one question could change that
shall We play a gameor do you wanna play a game or i don’t know what iT exactly was 
Also When price is Going to +5 digits iT Will go PARABOLIC in here
So Common give us the high price levels and let us feast uppon the peassants

[JayJuanGee]

Well well well... what do we have here.



Gentlemen, start your engines!

What does it mean when the time of the earlier chart is shrunk to about half of the later chart?  Or said another way, what does it mean that the later chart covers half the time period of the earlier chart?  Is it still accurate?  Is there a reason that in the later time period, the same magnitude of price performance could be accomplished in half the time?

[infofront]

shall We play a game

FUTURE PROVES PAST

[Biodom]

It's too quiet in here.

I was just thinking - there are three types of people in this world. Those that can do basic math, and those that can't.

#deepthoughts

Also When price is Going to +5 digits iT Will go PARABOLIC in here

to paraphrase:

5 digits...is not cool
You know what is?
SIX digits!
 

[nanobtc]

    Joshua/WOPR: Shall we play a game?
    David: Oh!
    Jennifer: I think it missed him.
    David: Yeah. Weird isn't it? Love to. How about Global Thermonuclear War.
    Joshua/WOPR: Wouldn't you prefer a good game of chess?
    David: Later. Let's play Global Thermonuclear War.
    Joshua/WOPR: Fine.

[Elwar]

It's too quiet in here.

I was just thinking - there are three types of people in this world. Those that can do basic math, and those that can't.

#deepthoughts

10 print people who can do Basic
20 goto 10

[kirreev070]

It seems soon I'll be happy.

[goldkingcoiner]

It seems soon I'll be happy.

♪♫♪♫Head and shoulders knees and toes. Knees and toes.♪♫♪♫

[micgoossens]

It's too quiet in here.

I was just thinking - there are three types of people in this world. Those that can do basic math, and those that can't.

#deepthoughts

Also When price is Going to +5 digits iT Will go PARABOLIC in here

to paraphrase:

5 digits...is not cool
You know what is?
SIX digits!
 

Yeah but we still didn’t visit 6-dig yet my friend ..... When that Happens we forgot 5-dig Just like we wanna forget 4-dig right now  

[micgoossens]

@thai resto again .... hoping to see a very Nice fortune coockie again .... curious what i’m gonna get
If iT would say go all all IN today ... that would make my evening 

[kirreev070]

WTF? Why is the volume on different exchanges almost the same? It is very strange.

[Elwar]

WTF? Why is the volume on different exchanges almost the same? It is very strange.

Bots and arbitrage.

[hv_]

fuck

Yeah, fuckin four days of dojis. Please rip the band aid off!

(@instabot)
#Nikeknows #smellslikevictory

Yeah, I have buys in that price level, even in the $3k level.  But the problem is: everrrryyybody is also waiting for that so-called capitulation candlestick. In any case, I already bought some at $6,800.

Maybe some of the answers to my questions are obvious, but I am not sure what you are saying.  

What kind of odds are you giving to your downwards dip scenario (maybe down to $5,400)?  Greater than 70%?  Your down scenario is not as bearish as other peeps?  Why wouldn't the price go below $5k, once it breaks below $5,700?  We have already seen close to $5,700 a few times since early February, no?

Did you buy some BTC in the $6,800 range recently, because the BTC price has been quite a bit below $6,800, recently, too.  

Has your buying been at various price points along the way?  Did you buy more above $6,800?  Have you sold some, too?  

Was the reason for your buying BTC in the $6,800 range because at the time of your purchase, you were not sure if the price was going to go down further?  And, was the reason that you did not buy below $6,800 because your lower buying target prices have not been met yet?

I ask because we all know that we have have had several BTC buying opportunities in the past more than six months of below $6k (starting from the beginning of February).

RE: Odds - crashes from parabolic crashes tend to overshoot 0.786 fib correction (check Nasdaq, Shanghai, Dot com crashes).

No selling yet since I'm still not done buying. I'm ready to buy higher too if Bitcoin breaks out of 200day moving average which is around $7,900 now.

How come you bought some at 6800 when you foresee 3k level?

It's called scaling-in

Or correction exhausted

[goldkingcoiner]

I love when everything gets so quiet and serious. Means BTC is about to breakout. I mean Jesus, look at the 1 hour bollinger bandwidth!!! Tighter than a mormon girl!

[HairyMaclairy]

Shall we play a game?

This, fellow Wall Observers, is a picture of a Wall.  The Wall is located somewhere in the world.  It has been heavily cropped.  

First person to guess the correct location of this Wall gets 10 merit points from me.  You must name the nearest intersection.

Edits:

* As an anti-spam measure, no more than one guess per 24 hours.  
* Please include city + intersection in your guess

I will progressively add more pixels to the photo on an irregular basis.  The full photo contains all the information required for anyone to identify the location.  Remember, there are two types of people in the world.  Those who can extrapolate from incomplete information.  

[spirali]

Shall we play a game?

This, fellow Wall Observers, is a picture of a Wall.  The Wall is located somewhere in the world.  It has been heavily cropped.  

First person to guess the correct location of this Wall gets 10 merit points from me.  You must name the nearest intersection.  

I will progressively add more pixels to the photo on an irregular basis.  The full photo contains all the information required for anyone to identify the location.  Remember, there are two types of people in the world.  Those who can extrapolate from incomplete information.   

5th avenue, between 56th and 57th street?