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

[mOgliE]

We finish out the trading day with a strong recovery and pleasant green candle on the hourly.
1h


Explosive blow off top candle and a rare orphan as we begin to search for support above the 0.382 fib
4h

I prefer a slow the slow rise than the big faling pick

Anyway it's good to see the reverse coming out after the long winter.

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[kingcolex]

We finish out the trading day with a strong recovery and pleasant green candle on the hourly.
1h


Explosive blow off top candle and a rare orphan as we begin to search for support above the 0.382 fib
4h

I prefer a slow the slow rise than the big faling pick

Anyway it's good to see the reverse coming out after the long winter.

You had me thinking something big had happened, were at $3450 nothing crazy.

[yefi]

Bitstamp is based in London, even if its banking relationships are in Slovenia

It's still SEPA transfers or wires last time I checked though. Coinbase is Faster Payments.

[kingcolex]

Bitstamp is based in London, even if its banking relationships are in Slovenia

It's still SEPA transfers or wires last time I checked though. Coinbase is Faster Payment.

Fuck Coinbase, Gemini is immediate for transfers, they credit it the ACH before it's in.

[Biodom]

Panthera capital (the first hedgefund in blockchain):

https://www.ccn.com/why-pantera-capital-says-bitcoin-bear-market-different

Check the embedded podcast.
At around 6:00 he (Morehead) is saying that he had an investor coming in with $5mil in 2014-2015 and getting out with $200mil in 2017.
Nice!

[kingcolex]

Panthera capital (the first hedgefund in blockchain):

https://www.ccn.com/why-pantera-capital-says-bitcoin-bear-market-different

Check the embedded podcast.
At around 6:00 he (Morehead) is saying that he had an investor coming in with $5mil in 2014-2015 and getting out with $200mil in 2017.
Nice!

Definitely something that will pique investors ears up.

[yefi]

Fuck Coinbase, Gemini is immediate for transfers, they credit it the ACH before it's in.

Not in the UK. Coinbase is near enough the only option (Well, Coinfloor recently reintroduced Faster Payments, but that's it).

[JayJuanGee]

JayJuanGee, why do you constantly post this bullshit Anonymint quote over and over like he didn't just make it up out of thin air?  Do you think I create a Turbotax secondary user account for Anonymint to log onto my computer and spy on my financial statements?  That was from a Sidhujag + Anonymint rage post where the two of them were pretending bitcoin was going to go to $100k when it was $20k and I told them they were out of their minds and they got all upset.

Do you see Sidhujag (syscoin dev) posting anywhere in this thread nowadays?  Nope.  Probably because he's too embarrassed after being completely wrong and hodling from $20k to $3k.  The factual story is that I was all-in BTC at $200, then used leverage on top of that, and then unloaded all the leverage right at the peak of the pump to $800 and used 1/2 of the profit on silver.  I'm not a "hodler".  You can't sit in a leverage trade forever.  You have to get rid of it at some point.  

These dumbasses pretend exiting an overleveraged position at the top is somehow a bad idea and pretend like every single cent you own should all be invested in digital shitcoins and nothing else.  Centralized, built-in middlemen, non-fungible, worthless digital shitcoins are NOT my 'unit of account'.  Physical metals are.

O.k  fair enough if you got out of a leveraged trade at $800, but there certainly is no future in physical metals, beyond perhaps having 5% or 10% or at most 20% in such an old school hedging asset.

Don't be clumping, again as you have done before, all crypto together.  The only one that really matters is bitcoin.  This is a bitcoin thread, and there is no need for you to be making ambiguous statements about "digital shitcoins"  If you are talking about bitcoin, when you refer to "digital shitcoins" then you are wrong.... You should have at least an equal hedge in bitcoin as you do in PMs, such as gold and silver, and really it seems practical to have a whole hell of a lot more in bitcoin than you do in PMs.. perhaps 5x more.  So I would recommend some kinds of strategy to limit your PMs to no more than 5%, and to put up to 15% of your quasi-liquid investment into Bitcoin.    You don't really need to put anything into other cryptos, unless you want to play around with them, and perhaps limit that to less than 2%. 

Of course,  I understand that a lot of younger folks are going to be more risky, and they are going to be willing to put more of their investment into various cryptos, rather than traditional assets and/or PMs, and perhaps in their cases, they are going to need to consider some diversification outside of bitcoin.

I take it that you, roach, have some other assets such as property and maybe some traditional investments too.  I could not imagine that you are investing more than 20% of your quasi-liquid assets in PMs.  That would be ridiculous, and you need to at minimum go to another thread or perhaps go to a shrink (or a financial advisor).  By the way, many people have asked you so many times about why the fuck do you want to talk about PMs in a bitcoin thread?  Doesn't that come off as disingenuous since hardly any of us give a ratt's ass about your supposed PM preference(s).

[realr0ach]

but there certainly is no future in physical metals

I think I've discovered the world's greatest reverse indicator.  That La Raza Mexican Bitserve and JayJuanGoyim's brains are not quite large enough to understand that since nobody on the planet actually needs bitcoins for anything, they're a pump and dump scam by default.  If every single bitcoin instantly vanished, never to be seen again (not too hard, they're already imaginary), the world would keep on trucking completely normal as usual.

[Dabs]

Bitcoin is so much smaller than Gold (and other PMs), which means there is room to grow.

[Searing]

Avatar upgrade in progress - WO avatars are being converted to transparent background png format to give a neater appearance.   Since the hats number in the low 100s and I have no formal (or informal for that matter) tracking system, I will convert them as I see them in posts.  If you would like to change your avatar to the cleaner format, please take it from the table below (right click and save image).  If I haven't upgraded your avatar and you have posted recently, it's not because I don't love you; PM me and I'll fix it.

 This upgrade is in response to constant badgering a suggestion from Kylapoiss which forced me to learn a new skill.  Seriously though, it does look much nicer - so clean.  Great suggestion!

BobLawblaw	micgoossens	JayJuanGee	Wekkel	VB1001	kurious	Bitcoinaire	BTCMILLIONAIRE	julian071
Searing	LastoftheV8s	Globb0	Paashaas	Ibian	jojo69	HairyMaclairy	Arriemoller	Biodom
ivonm	Pamoldar	erre	bitebits	yefi	Careful_man!	jojo69_new	Bob_glow	xhomerx10
HI-TECH99	bones261	d_eddie

Is this the last final hat upgrade, or could there be more upgrades to come?

I gather you just 'grab' the above avatar you wish to use? I don't see a lot of difference..then again my avatar is gray/white mostly.

[JayJuanGee]

Next bottom at $40k sounds reasonable

Yeah when high is a million

Don’t go retarded ...... +- 240K or something

I'm expecting $50kish as the high, y'all expecting extremely gains run after run.

$90K-$110K in Dec. 2022.
$32K in Dec. 2025

Even though you could be correct, infofront, something seems wrong about your prediction, especially the 2025 part.  O.k.. fair enough that the upcoming 2020 halvening might take until December 2022 to bring us to the $100k territory, but there is another halvening in there in early 2024.. and then you are expecting a crash all the way to $32k? I am having trouble with this picture and the timing of it, even though I agree that something like that could happen.

[Arriemoller]

It wouldn't be such a bad thing with dirt cheap gold if you think about it, things that now have to be replaced periodically because they oxidize/corrode can last forever if they are made of gold.

Plus we can implement the Anunnaki plan and introduce a layer of nanoparticulate gold in our upper atmosphere in lieu of ozone.

Is that really the Annunaki plan?

Aren't the Annunaki the aliens that brought life to this planet oh so many eons ago? Seems they might be able to do something more intelligent with all that solar energy than diffuse it back out into space.

They were the original gods of the peoples of Mesopotamia, but were later dethroned. From Wikipedia " In the late Akkadian Atra-Hasis epic, the Igigi are the sixth generation of the gods who are forced to perform labor for the Anunnaki.[50][51] After forty days, the Igigi rebel and the god Enki, one of the Anunnaki, creates humans to replace them."
But there is of course also a new age story, and yes, in that we are created by and mate with the Annunaki in order to work for them and from there on they spin a lot of amusing stories.

[RoomBot]

Avatar upgrade in progress - WO avatars are being converted to transparent background png format to give a neater appearance.   Since the hats number in the low 100s and I have no formal (or informal for that matter) tracking system, I will convert them as I see them in posts.  If you would like to change your avatar to the cleaner format, please take it from the table below (right click and save image).  If I haven't upgraded your avatar and you have posted recently, it's not because I don't love you; PM me and I'll fix it.

 This upgrade is in response to constant badgering a suggestion from Kylapoiss which forced me to learn a new skill.  Seriously though, it does look much nicer - so clean.  Great suggestion!

BobLawblaw	micgoossens	JayJuanGee	Wekkel	VB1001	kurious	Bitcoinaire	BTCMILLIONAIRE	julian071
Searing	LastoftheV8s	Globb0	Paashaas	Ibian	jojo69	HairyMaclairy	Arriemoller	Biodom
ivonm	Pamoldar	erre	bitebits	yefi	Careful_man!	jojo69_new	Bob_glow	xhomerx10
HI-TECH99	bones261	d_eddie

Is this the last final hat upgrade, or could there be more upgrades to come?

I gather you just 'grab' the above avatar you wish to use? I don't see a lot of difference..then again my avatar is gray/white mostly.

Please do mine too. It looks better already, but I just had cataract surgery, so......

[JayJuanGee]

He was saying he bought BTC at $200, sold at $800, and used half his profits to buy silver.

Hmm, I thought R0ach got out just before the finex hack. But the $800 price tag seems to indicate that he stuck around until January 2017. Unless he's rounding up a little. Then that would be in October 2016. Well played on his part. That's at least a 4x gain in couple of years. Of course, he could have stuck around for a year more and made 100x profit. But around the time just before the finex hack, you could tell he was getting sick of the price manipulation.

The timeline could still almost work.  Of course, you have to take whatever Roach says with a BIG ASS grain of salt, but it is possible that he could have sold very close to $800 before the Finex hack in June 2016 BTC prices nearly made it to $800..... perhaps the best would have been around $770, but close to $800.  So combine his exaggerating with questionably plausible story about timing the almost exact top, then it could have gotten pretty close to what he said.

It does become a bit more incredible, when you get troll/shills who supposedly (after the fact) had been able to time the exact top and bottom of that cycle, and then thereafter, make a dumb decision to completely get out of BTC and also to invest a BIG chunk into something dumb like PMs.

[jojo69]

c'mon LTC,  .01, you can doooo eeeeet!

[jbreher]

I usually merit for lulz. But seeing as you are continually running dry...

Even if true, that is a form of subtle (or not so subtle) merit begging... hahahahaha... I am running dry... Yeah, right...

Haha. Poque moi? Running dry? Nunca mais, mon frere. Nein! Nyet! 0!

Check you suppositions, JJG.

[xhomerx10]

Avatar upgrade in progress - WO avatars are being converted to transparent background png format to give a neater appearance.   Since the hats number in the low 100s and I have no formal (or informal for that matter) tracking system, I will convert them as I see them in posts.  If you would like to change your avatar to the cleaner format, please take it from the table below (right click and save image).  If I haven't upgraded your avatar and you have posted recently, it's not because I don't love you; PM me and I'll fix it.

 This upgrade is in response to constant badgering a suggestion from Kylapoiss which forced me to learn a new skill.  Seriously though, it does look much nicer - so clean.  Great suggestion!

BobLawblaw	micgoossens	JayJuanGee	Wekkel	VB1001	kurious	Bitcoinaire	BTCMILLIONAIRE	julian071
Searing	LastoftheV8s	Globb0	Paashaas	Ibian	jojo69	HairyMaclairy	Arriemoller	Biodom
ivonm	Pamoldar	erre	bitebits	yefi	Careful_man!	jojo69_new	Bob_glow	xhomerx10
HI-TECH99	bones261	d_eddie

Is this the last final hat upgrade, or could there be more upgrades to come?

I gather you just 'grab' the above avatar you wish to use? I don't see a lot of difference..then again my avatar is gray/white mostly.

 Yep!  Preferably you should grab the one above your name though... if you don't, I'll get MicG after you

[BinaryReign]

I’m feeling optimistic that tomorrow btc price will go up, but I’d still take sideways over down obviously lol

 

[jbreher]

Hmm.

They are deleting my giant green dildo from Satoshis.place.

I think this calls for something drastic.

Now what text do I include in the next incarnation I upload.

Hmm...

* BobLawblaw goes off to play in Pootyshoop

Haha. Something tells me I don't want to google 'pootyshoop'.