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

[El duderino_]

As for volatility, I am pretty much waiting for the next bear trap to buy in again. Now is the most uncertain time for a new wave of newbie buyers and people are going to exploit that.

How the psychology of fear keeps people from buying the bottom..

I think this is a very certain time in the market. I think the price was more likely to go down at any time during the pump than now, after it is already down..
New ATHs are what scare me.. all time highs

But when people see ATHs they feel brave and greed?

Is this why the whales get so rich off of dumb money?

smart money must go into BTC to call it later dumb money to make the whales richer with  haha 

[1714222042]

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[1714222042]

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[1714222042]

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[Wekkel]

If smart money is smart, they may be looking ferociously to the record pile up of BTC shorts, just waiting to be short covered by whales teasing the price upwards and upwards. If that cow can still be milked, why wouldn't they?

[holzer]

Looks like them folks that this thread loves to hate are having a pissing contest

https://bcfocus.com/news/bitmain-ceo-slams-craig-wright-over-proposed-bitcoin-cash-hard-fork-tells-him-to-f-off/23342/

At least Jihan Wu pretends to be on the right side of the argument.

What good is a BCash hard fork to increase block size when no one is even buying and using that shit? No merchants, no investors, nothing.

Sure it'll allow CSW et. al. to centralize and control a BCash clone, but he'll end up the King of a complete wasteland kingdom. Another dead zombie coin with no future. So what's the fkn point?

All the people behind Bcash have huge ego issues. Now all those egos are colliding and its beautiful. Cant wait until the whole thing blows up in their faces.

[bitserve]

If smart money is smart, they may be looking ferociously to the record pile up of BTC shorts, just waiting to be short covered by whales teasing the price upwards and upwards. If that cow can still be milked, why wouldn't they?

Because maybe they are expecting the pile of shorts to be even higher before rekting them for good?

[Icygreen]

As for volatility, I am pretty much waiting for the next bear trap to buy in again. Now is the most uncertain time for a new wave of newbie buyers and people are going to exploit that.

How the psychology of fear keeps people from buying the bottom..

I think this is a very certain time in the market. I think the price was more likely to go down at any time during the pump than now, after it is already down..
New ATHs are what scare me.. all time highs

But when people see ATHs they feel brave and greed?

Totally nerve wrecking for me also (watching the price rocket waiting for the consequences.)
Hopefully the next time we reach 20K it isn't on the handle of a hockey stick.  

[eddie13]

Nice little support line in the right direction.. I would be bullish, expecting a small uptrend there, until it breaks down through that line..

The books look to be pretty even on both sides, neutral..

BTW have you guys ever seen this?
https://tucsky.github.io/SignificantTrades/#

It shows large buys and sells live from many exchanges..
It might give you an edge to see a dump coming before it reaches the exchange you are on, or a pump..

[El duderino_]

If smart money is smart, they may be looking ferociously to the record pile up of BTC shorts, just waiting to be short covered by whales teasing the price upwards and upwards. If that cow can still be milked, why wouldn't they?

yeah why wouldn't they.... i'm curious what the next days-weeks gonna bring 

[xhomerx10]

Anybody up for a HairyMaclairy inspired game of "Where's Wall-do"?  I thought it might be a distraction from the prevailing bearishness.  Bragging rights only for the winner.

[JayJuanGee]

CNBC Reverse Bitcoin Price Indicator - pump incoming?

I am confused.  If CNBC is a "reverse indicator" then wouldn't such misery index mean that a dump is coming because at this time, they are showing a seemingly high level of current misery, no?  But since they are wrong, then that means, more dump is coming, contrary to the CNBC conclusion that misery is high?

CNBC Reverse Bitcoin Price Indicator - pump incoming?

You can also use this website to understand the dip and the top of the price

https://alternative.me/crypto/fear-and-greed-index/

1 means max. fear
100 means max. greed.

For ex. look at the 6th of February. the index point is 8. very close to max. fear (which is 1) and the BTC was at the dip. at the 7th of February the trend change.
21th of February. The index point is 74 close to max greed. the price is at the top. At the 22th of February the trend change.

Aren't measurements like this a bit inaccurate because they are lumping bitcoin and crypto together?

What the fuck do we care about crypto, overall?

We care about bitcoin, right?

I understand that bitcoin is related to crypto, but I do think that having a bitcoin ONLY measure would cause a bit of a more meaningful misery measurement tool.

[El duderino_]

Anybody up for a HairyMaclairy inspired game of "Where's Wall-do"?  I thought it might be a distraction from the prevailing bearishness.  Bragging rights only for the winner.

Somewhere in romania ( bucharest) ( victoriei street ) ......

[xhomerx10]

Anybody up for a HairyMaclairy inspired game of "Where's Wall-do"?  I thought it might be a distraction from the prevailing bearishness.  Bragging rights only for the winner.

Somewhere in romania ( bucharest) ( victoriei street ) ......

 WTF?!
My wife guaranteed me that nobody would get this...  Is that your brother with the tattoos or what?

edit:  That's very close but not exactly where it is... I guess I should have controlled myself.  (I'm a noob at this)

edit2: a few more pixels

[wgd]

https://www.barchart.com/futures/quotes/BGU18
We have one day beetween first notice and expiration date,
I am not sure what it does mean  , but it was a little pump often beetween these two dates... maybe next few hours will be the same..

[JayJuanGee]

Another 2 week grind up and 1 day dump to same level?   I know I'll get caught one of these days with my trade stash.  It's so easy now to just wait for price to grind up.. start selling then wait for the dump.    

Been doing this for awhile and damn I have 3 times the btc I started with in my trade stash.  This can't happen for to long I suppose.. if I'm accumulating then I know someone else is too on a much grander scale.  They have to be cleaning the hell up.

Dangerous to trade with your whole stash, but sounds like you enjoy gambling because you have been experiencing "pay offs" through such balls to the walls practices.

[JayJuanGee]

12288 getting shorter and shorter

this list getting REKT as well pffff time to get some action 

and another one bites the dust who's the favorite on this one ??        really don't know where i would think the winner stands in here maybe bitserve, globbo, V8 range.... don't let it be yefi or samson or fortune143 for the SMALL 12k price to hit  what a boring time would that be

Alexander_Z or CoinCube

Yeah. I wonder if 2018/12/31 will be higher than 2018/1/1 or not...

Even though such beginning and end of the calendar year dates are used for accounting purposes, aren't they a bit random, especially if bitcoin cycles are likely NOT going to be very well correlated with exact yearly cycles, even when some folks may attempt to push the BTC price in one direction or another based on attempted calendar seasonal price ambitions?

[JayJuanGee]

Looks like them folks that this thread loves to hate are having a pissing contest

https://bcfocus.com/news/bitmain-ceo-slams-craig-wright-over-proposed-bitcoin-cash-hard-fork-tells-him-to-f-off/23342/

At least Jihan Wu pretends to be on the right side of the argument.

What good is a BCash hard fork to increase block size when no one is even buying and using that shit? No merchants, no investors, nothing.

Sure it'll allow CSW et. al. to centralize and control a BCash clone, but he'll end up the King of a complete wasteland kingdom. Another dead zombie coin with no future. So what's the fkn point?

So MANY AMATUERS in crypto. Jihan despite building a billion dollar company is an amateur. You do not get political when you sell shovels. You just shut up and sell shovels. Idiot.

Seems that Jihan has a more complicated view of his business, and he is NOT only selling shovels.  He is also speculating in a way that involved attempts to take over bitcoin (and he did not believe that Bitcoin was the golden goose, but instead that there were other golden gooses out there). 

[JayJuanGee]

 Is that your brother with the tattoos or what?

Looks like the renegade alt coin brother that got rekt, and had to XXXXX out the tats.   

[tafiki]

 Is that your brother with the tattoos or what?

Looks like the renegade alt coin brother that got rekt, and had to XXXXX out the tats.   

able to edit your posts and not to make 4+ on one site?
good boy

[El duderino_]

Anybody up for a HairyMaclairy inspired game of "Where's Wall-do"?  I thought it might be a distraction from the prevailing bearishness.  Bragging rights only for the winner.

Somewhere in romania ( bucharest) ( victoriei street ) ......

 WTF?!
My wife guaranteed me that nobody would get this...  Is that your brother with the tattoos or what?

edit:  That's very close but not exactly where it is... I guess I should have controlled myself.  (I'm a noob at this)

edit2: a few more pixels

Piata victoriei ....

[JayJuanGee]

 Is that your brother with the tattoos or what?

Looks like the renegade alt coin brother that got rekt, and had to XXXXX out the tats.   

able to edit your posts and not to make 4+ on one site?
good boy

Huh, newbie?

[El duderino_]

Anybody up for a HairyMaclairy inspired game of "Where's Wall-do"?  I thought it might be a distraction from the prevailing bearishness.  Bragging rights only for the winner.

Somewhere in romania ( bucharest) ( victoriei street ) ......

WTF?!
My wife guaranteed me that nobody would get this...  Is that your brother with the tattoos or what?
edit:  That's very close but not exactly where it is... I guess I should have controlled myself.  (I'm a noob at this)
edit2: a few more pixels

Google Maps Link

How close am I ?

Bloc D1, Tronson V, Calea Victoriei 155, București 010073, Romania
F32P+H7 Bucharest, Romania

mic should win this one if I got it.

Haha Yeah close to the bank there but difficult to see on my phone now while watching a serie with my GF 
However i got lucky on the first pic Just thought romanian avatar ... take the capital of romania and 1 of the main streets , lucky it was that close surely with the bank coming in dicht of the pic there are only 3 of This banks and 1 close to there
 
Goodnight WO’s
@xhomerx, No i think my brother has more tattoo’s ...... not a BTC related one yet but i’m the longer period bull So he got time to catch up with me