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

[kurious]

It is busy here....

The last real 'crypto winter' we had saw WO thread activity drop right down - occasionally to just Chartbuddy posts for hours.  I hope we haven't got to go through that valley of despair and tumbleweed again to get to the sunny uplands?

The WO seems as busy as ever which hardly feels like capitulation, but surely the figures say if it's not here, it is close...

I hope so, I am standing with my fiat 12-bore at the edge of the woods to give those dips both barrels as I spot 'em.

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[Last of the V8s]

That is literally me

I wouldn't describe you as a weird little prick.
You are too hard on yourself, man.

[gentlemand]

It is busy here....

The last real 'crypto winter' we had saw WO thread activity drop right down - occasionally to just Chartbuddy posts for hours.  I hope we haven't got to go through that valley of despair and tumbleweed again to get to the sunny uplands?

The WO seems as busy as ever which hardly feels like capitulation, but surely the figures say if it's not here, it is close...

I hope so, I am standing with my fiat 12-bore at the edge of the woods to give those dips both barrels as I spot 'em.

I've often wondered about this.

Many of the people here sat through 2014/15 so their hides will be like concrete. I guess that doesn't stop being bored shitless though.

Even if the gloom matches it, there are still many more people to be gloomy together than last time.

[Globb0]

Just been to collect a bit of precious myself. Now off home to eat lots of junk food & get high!
Hope to see $4,000 again by the end of the day

so the white...... has been deleted for a few days, and the green has arrived  to recover and cool down for a few days
i don't smoke myself for years.... very very sometimes on a birthday for lulz, but not often and especially cause my last birthday i was so sick of booze and just 5 hits of a joint .... man you cannot imagine how i was feeling @that time
but short said i'm no SMOKER myself but i don't disapprove guys for smoking cause i do understand the fun of it as well

I really should live a clean life. Maybe when BTC moons.
Sorry for the OT guys!

Think Ill go the other way. I'm aiming for spiral of debauchery

[RejectedBanana]

Not sure if this was already posted, please don't kill the messenger as i don't agree with lots of these points.
However, this shows where institutional investors (aka hedgies) are on this.

https://twitter.com/DoveyWan/status/1068573163670261760

In short: institutionals are shell-shocked and bewildered.
My take home message from this particular tweetstorm: small size institutional money will not participate from now on.

TL;DR she predicts that, similarly to how internet happened, blockchain will eat the world, but somehow traditional players (Fidelity, Paypal, etc) would be the winners and we would be the losers.
I disagree, obviously.

Key takeaway for Institutions, Bitmain, Forkers, etc:

Bitcoin cannot be owned. Bitcoin will own you before you own Bitcoin.

I'm referring to Bitcoin with a capital B. The protocol and network. Not bitcoin the currency. Of course you own your private keys.

[ivomm]

[bitserve]

WTF! Can't I just fucking go out to have some drinks for a few hours without Bitcoin shitting on me?

[Kylapoiss]

WTF! Can't I just fucking go out to have some drinks for a few hours without Bitcoin shitting on me?

Just drink a bit longer, it'll bounce back eventually

[El duderino_]

@my prison looking gym.... need to work this DIP out of my system
How about that BEAR Pennant HM?? 

[bitserve]

WTF! Can't I just fucking go out to have some drinks for a few hours without Bitcoin shitting on me?

Just drink a bit longer, it'll bounce back eventually

Hope so. Gonna check my exchanges, I think I had a some limit buy orders in the 36xx area.

And I drink all the time btw. It worked in 2017, not so much in 2018 though.

P.S.: Fuck, I bought at $3711 and also at $3866

[VB1001]

I already have the post in if you want to visit, link:

https://bitcointalk.org/index.php?topic=5080565.0

I would be happy if you participate with any comments
If you have any criticism or something to add I listen to your suggestions

Thanks  

[cAPSLOCK]

https://twitter.com/btcking555/status/1070273504011005952

BTCKING555
‏@btcking555 8 minutes ago

Approached by an investor desperate to liquidate Bitmain shares at $1,5 bln valuation ! Thats almost 90 prc down-round from August !

https://twitter.com/btcking555/status/1070278748606472192

BTCKING555
‏@btcking555 53 seconds ago

With massive losses, Bitmain has no resources to support BCH. Illiquid BCH falls further hitting Bitmain balance sheet. Suppliers cut off credit lines & buyers wary to purchase equipment. IPO Canceled. Only solution - significant down round and VCs take over? Interesting to see!

I am sure they survive in the end.  In a much reduced capacity for better AND worse.

Attack bitcoin... this is what happens.

I will relish the coming humiliation of the new crop of attackers.

[JayJuanGee]

Just a brief update: First round of beers have gone out. I've intentionally used low-fees. The mempool has risen since I started, this morning, and is in the process of clearing up. With any luck, you folks start seeing at least one confirmation soon.

I sent PoolMinor an extra two beers as thanks for compiling the list.

Apologies for the drama, but JJG made me legitimately see red.

That, and I'm a bit pissed at myself for not trying to resolve the "logistics" of the "beer boast post" sooner. Pure laziness on my part, really, and in retrospect, I have no excuse for not paying out.

In my defense, I recognize that I had difficulty reconciling the logistics of handling losing the call - "I can't really buy drinks for the entire thread. That is not practical. How do I resolve this in a fair way to the community ?"

It took me seeing red before I saw a reasonable solution.

Again, sincere apologies for trying to weasel my way out of it. It genuinely was not my intention, and I hope my resolution was considered fair.

EDIT: Just saw the entire first round of people get their first confirmation, so, cheers to you.

I gave you a merit on this post, even though I also gave you a lot of (likely deserved) shit in the past few days, and perhaps there is a bit of an acceptance of responsibility within this post that reaches some acceptable threshold rather than ongoing attempts to project fault. 

I actually don’t expect you to discontinue with your whining, attention whoring and other blawb bullshit, but at least this post seems to contain some self-reflection, rather than overboard emotional projection.   

[El duderino_]

WTF! Can't I just fucking go out to have some drinks for a few hours without Bitcoin shitting on me?

Just drink a bit longer, it'll bounce back eventually

Hope so. Gonna check my exchanges, I think I had a some limit buy orders in the 36xx area.

And I drink all the time btw. It worked in 2017, not so much in 2018 though.

P.S.: Fuck, I bought at $3711 and also at $3866

Good cause you gonna be less happy if you must buy @5-dig
And missed out the opportunity of these last weeks
Be happy with what you bought

[cAPSLOCK]

https://twitter.com/btcking555/status/1070273504011005952

BTCKING555
‏@btcking555 8 minutes ago

Approached by an investor desperate to liquidate Bitmain shares at $1,5 bln valuation ! Thats almost 90 prc down-round from August !

https://twitter.com/btcking555/status/1070278748606472192

BTCKING555
‏@btcking555 53 seconds ago

With massive losses, Bitmain has no resources to support BCH. Illiquid BCH falls further hitting Bitmain balance sheet. Suppliers cut off credit lines & buyers wary to purchase equipment. IPO Canceled. Only solution - significant down round and VCs take over? Interesting to see!

Why on earth did they get seduced by Ver on BCH? Utterly retarded, a real school boy error.

What will Bitmain do now going forward, just switch to solely mining bitcoin again & write off their BCH related losses or can they afford to do that?

They were greedy, and they were cheating with ASICBoost and backdoored miners.  BCH offered them the flippening and a way to keep their crooked status quo.

Bitcoin's design has made it a FORMIDABLE karma dealer.  The longer it holds up against things like Bitmain, the IMF, the BIS, etc. etc. etc. the closer we get to the world actually beginning to realize what it actually is.

[Kylapoiss]

WTF! Can't I just fucking go out to have some drinks for a few hours without Bitcoin shitting on me?

Just drink a bit longer, it'll bounce back eventually

Hope so. Gonna check my exchanges, I think I had a some limit buy orders in the 36xx area.

And I drink all the time btw. It worked in 2017, not so much in 2018 though.

P.S.: Fuck, I bought at $3711 and also at $3866

Why the fuck those seem good enough prices, or you're afraid it'll go much lower? Lets hope not.

Happy (responsible) drinking! Seems like most in this thread are alcoholics. And mic don't say that you're not, you're drinking every single week and mostly more than one day, that counts as alcoholism Not that there's anything wrong in that

[bitserve]

WTF! Can't I just fucking go out to have some drinks for a few hours without Bitcoin shitting on me?

Just drink a bit longer, it'll bounce back eventually

Hope so. Gonna check my exchanges, I think I had a some limit buy orders in the 36xx area.

And I drink all the time btw. It worked in 2017, not so much in 2018 though.

P.S.: Fuck, I bought at $3711 and also at $3866

Good cause you gonna be less happy if you must buy @5-dig
And missed out the opportunity of these last weeks
Be happy with what you bought

Will be happy when it bounces back. My hands are hurting from so much knife catching.

[bitserve]

WTF! Can't I just fucking go out to have some drinks for a few hours without Bitcoin shitting on me?

Just drink a bit longer, it'll bounce back eventually

Hope so. Gonna check my exchanges, I think I had a some limit buy orders in the 36xx area.

And I drink all the time btw. It worked in 2017, not so much in 2018 though.

P.S.: Fuck, I bought at $3711 and also at $3866

Why the fuck those seem good enough prices, or you're afraid it'll go much lower? Lets hope not.

Happy (responsible) drinking! Seems like most in this thread are alcoholics. And mic don't say that you're not, you're drinking every single week and mostly more than one day, that counts as alcoholism Not that there's anything wrong in that

I drink several litres of beer and wine daily, so yeah, a bit alcoholic maybe. It's just that I never get (nowhere near) drunk and that until some years ago I was a VERY HEAVY DRINKER (whisky coke) so this is nothing in comparison. I quit whisky in december 2013... because of reasons. I also quit smoking (2-3 packs a day). Never did other drugs. I am a health conscious person, you know. Responsible drinking my ass though.

And yeah, I fear it could drop lower.... Otherwise I would be buying with both hands.

[JayJuanGee]

I'm starting to wonder if JJG is gonna PM me a BTC address for a beer, after all that...  

Are you talking to me?  

You come off as such a publicity pussy who largely wants to engage in exaggeration drama?

and try to blame me for your phoney baloney.  

In other words, my name is blawb, and "I need some attention."

I do think that your point has some merit to it. But aren't you attention whoring yourself by constantly bringing attention to his attention whoring? Both of which I find understandable in the light of the current market situation.

But in either case, this is a forum, on the internet. So who fucking cares either way? I'm enjoying the drama, but don't see why it's still going. During the bull market we were all having good chats. Now everybody is flipping out.
I guess the two of you are like me, where given a chance you'll keep shitposting and/or arguing 24/7. I get it, it's fun. But is it for you? If not the two of you might want to clam down.



Someone should quantify the WO drama indicator. I still think it would signal a reversal due to peaking salt levels lmao



Love you both, no homo.

Yes... sometimes certain threads of thought (and topics) drag on a bit longer than others might perceive them to be necessary... yet each member posting in this thread comes to his or her or its own decision regarding whether to respond to certain posts or ideas and how to do it....

[kurious]

It is busy here....

The last real 'crypto winter' we had saw WO thread activity drop right down - occasionally to just Chartbuddy posts for hours.  I hope we haven't got to go through that valley of despair and tumbleweed again to get to the sunny uplands?

The WO seems as busy as ever which hardly feels like capitulation, but surely the figures say if it's not here, it is close...

I hope so, I am standing with my fiat 12-bore at the edge of the woods to give those dips both barrels as I spot 'em.

I've often wondered about this.

Many of the people here sat through 2014/15 so their hides will be like concrete. I guess that doesn't stop being bored shitless though.

Even if the gloom matches it, there are still many more people to be gloomy together than last time.

Yep, who wants to be alone in here with just JJG for company.