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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26403646 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
Toxic2040
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February 22, 2019, 07:09:21 PM

https://www.theguardian.com/business/2019/feb/22/kraft-heinz-share-plunge-loses-warren-buffett-4bn-in-one-day

Someone really put the squeeze on Heinz
I would relish a chance at a good entry
etc

So when you say relish I just had to do a quick search and I'll have you know the top two of three picked by seriouseats was..yep, you guessed it. Heinz. Coincidence? Hah!



https://www.seriouseats.com/2012/09/taste-test-the-best-pickle-relish-store-bought-brand.html
jbreher
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lose: unfind ... loose: untight


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February 22, 2019, 07:34:16 PM


Thats ... cute, I guess.

Quite derivative of a site operating for months already that allows anyone to feed chickens by making an onchain BCH tx. But I guess some are destined to be followers.  Grin
Toxic2040
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February 22, 2019, 07:35:47 PM

sorry, I just like rockets

Febo
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February 22, 2019, 07:41:32 PM
Merited by P_Shep (2), JayJuanGee (1)

Magical Crypto Conference 2019 ,  May 11th , try not to miss it!!!
 
bitserve
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February 22, 2019, 07:44:43 PM
Merited by JayJuanGee (1)


Thats ... cute, I guess.

Quite derivative of a site operating for months already that allows anyone to feed chickens by making an onchain BCH tx. But I guess some are destined to be followers.  Grin

Sure you guys need all those chicken feeding micropayments on chain forever. At least that will look as if anyone is really using BCH. (No, not that LN is being widely used either... but it probably will soon).

Can't you really see why that specific "service" is way more appropriate to be done in L2?
hodl_2015
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February 22, 2019, 07:49:29 PM

sorry, I just like rockets
-img-
And that is my favourite currently flying rocket, hopefully soon to be replaced by a 100% reusable spaceship, like the future intended.
jbreher
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February 22, 2019, 07:50:02 PM


Thats ... cute, I guess.

Quite derivative of a site operating for months already that allows anyone to feed chickens by making an onchain BCH tx. But I guess some are destined to be followers.  Grin

Can't you really see why that specific "service" is way more appropriate to be done in L2?

Sure. It's appropriate for L2 if your L1 isn't up to the task.
Last of the V8s
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February 22, 2019, 07:50:39 PM

JayJuanGee
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February 22, 2019, 07:51:03 PM

You seem to be reading too much into this sub $4k stagnation.

Yeah, bored with such tiny fluctuations...

BTW, I voted $3800 in latest mic's game (price on March 31), and I like my chances so far...  Roll Eyes

I don't know. 

Sometimes it can take a bit  of time to get out of a kind of range, and seems like we have been in the $3ks forever, even though it has only been a bit more than 3 months... and then several attempts to move into the $4ks and earlier above $4,200 that were not successful.


and F*** a bearmarket feels like its forever, the 6K range.... now this 3K range while a BULLmarket with ATH's is like over in a day

meh those emotional feelings Roll Eyes

what are we gonna do about them... (actually feeling better all the time with whatever that happens to the corn/time/price....)

BTC learned me true patience and to be ice cold Grin


I don't know about your characterization here about either where we are at or what constitutes feelings in a bear market versus a bull market in terms of how long they might take to play out...   Something seems a bit off, here.

I will concede that while going through this whole process any of us would not really know with any degree of confidence when we are in a bear market or when we are in a bull market, so when we are in the middle of either of them, the disorientation remains unclear during a variety of times, yet, after several months, sometimes we can look back and retrospectively assess that at time x minus 4 months (or whatever) we were in y or z market.

So, let's compare the bear market of 2014-2015/16 to the seeming bear market of today.  In an attempt at a retrospect analysis, we could reasonably characterize the 2014 bear market to have started near the beginning of 2014 and to end at the end of 2015; however, we did not really know with any level of confidence that that particular bear market had ended until about May 2016 and perhaps even late 2016.. but in retrospect, I think that would be fair to proclaim, based on price movement that about October 2015 was the beginning of the end of that particular bear market, and thus we had entered into a bull market.

So, part of what I am suggesting here, is that the bull market of 2015 to 2017 did not just whimsically go up in a really quick time frame, as you suggested in your post, but instead took a bit more than 2 years to unravel with concededly a very steep rise at the very end (early October 2017 to mid-December 2017).  It would be unfair to characterize the 2017 bull market as only the last portion of 2017 or even the whole of 2017, but instead a process that unravelled over a bit more than 2 years.

Regarding what currently seems to be our bear market, so far, this current bear market is no where near the length of the 2014 bear market.  So far, we have only had about 14 months of bear market, compared with the 2014/15 bear market that lasted 2 years of down and flat with uncertainties about when or if another UP would be coming or sustained.  In other words, I postulate that it is not fair to suggest that HODLers here are suffering equally to 2014/15/16 when the current period of DOWN and uncertainty remains reasonably half of what had taken place in 2014/15/16.

Don't get me wrong.  I am not suggesting that we have to suffer more or anything like that, but your seeming characterization that we have already been through the worst seems a bit off to me because reasonably we could be in for a longer period of suffering and even an attempt (successful or not) by status quo financial institutions and governments (aka bearwhales) to attempt to make this particular suffering of BTC HODLers to be worse than the 2014/15/16 suffering. 

A million dollar question continues to be whether they are either capable or willing to continue to attempt to beat at bitcoin through price and FUD and even risk losing a lot of money in the process to continue to beat at bitcoin... Remember that a decent number of them have money printing machines in order to attempt such endeavors that may or may not end up being successful to throw at their beat up bitcoin goals and they can continue to spread FUD too and to try to shake more weak hands and attempt to figure out if there are any more weak hands to shake.. including the whether the seemingly frothy HODLers of shitcoins can be shaken and with a likely cascading effect upon bitcoin.
bitserve
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February 22, 2019, 07:52:24 PM
Merited by nutildah (1)


Thats ... cute, I guess.

Quite derivative of a site operating for months already that allows anyone to feed chickens by making an onchain BCH tx. But I guess some are destined to be followers.  Grin

Can't you really see why that specific "service" is way more appropriate to be done in L2?

Sure. It's appropriate for L2 if your L1 isn't up to the task.

No. You are always carefully ignoring that an onchain tx not only consumes bandwidth and cpu power (which is mostly irrelevant unless we are talking of several orders of magnitude more tx's) but accumulated historical storage.
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February 22, 2019, 07:52:30 PM



Must have been lurking on my driveway, bastard kids!
Last of the V8s
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February 22, 2019, 07:56:23 PM

Thought you'd found a little vase though
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February 22, 2019, 08:08:35 PM

Thought you'd found a little vase though


It was kind of like the one in the middle but rubbery & purple
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February 22, 2019, 08:13:00 PM
Last edit: February 22, 2019, 08:47:41 PM by HairyMaclairy


His quote

Quote
The simple, logical, Occam's Razor-esque answer is that a significant chunk of these anonymous, Off-Shore Assets are actually controlled by the Chinese Communist Party.  There is no other rational, logical explanation for it.

Imho his analysis is dead wrong.  The growth of financial assets in tax havens is simply the diversion of assets out of Western economies for tax efficiency reasons.  
theyoungmillionaire
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February 22, 2019, 08:23:43 PM

I keep on voting $2,800-$3,000, so that I can buy at a low price, but, it never happened. Cheesy As if my vote here will affect the market.

My first Wall Observer post – Classic.
El duderino_
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February 22, 2019, 08:31:51 PM

I keep on voting $2,800-$3,000, so that I can buy at a low price, but, it never happened. Cheesy As if my vote here will affect the market.

My first Wall Observer post – Classic.


First post in here?

Come more often and own an XhomerX HAT Wink
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February 22, 2019, 08:36:27 PM


Thats ... cute, I guess.

Quite derivative of a site operating for months already that allows anyone to feed chickens by making an onchain BCH tx. But I guess some are destined to be followers.  Grin

Can't you really see why that specific "service" is way more appropriate to be done in L2?

Sure. It's appropriate for L2 if your L1 isn't up to the task.

No. You are always carefully ignoring that an onchain tx not only consumes bandwidth and cpu power (which is mostly irrelevant unless we are talking of several orders of magnitude more tx's) but accumulated historical storage.

I am not ignoring it. I am merely treating it as irrelevant. Because it is.
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February 22, 2019, 08:37:08 PM

First post in here?

Come more often and own an XhomerX HAT Wink
Thanks, Buddy!

I have been reading here for the lols, news, classic moments, and participating on voting.

Just funny, we are only 110 voting here?
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February 22, 2019, 08:44:37 PM


Thats ... cute, I guess.

Quite derivative of a site operating for months already that allows anyone to feed chickens by making an onchain BCH tx. But I guess some are destined to be followers.  Grin

Can't you really see why that specific "service" is way more appropriate to be done in L2?

Sure. It's appropriate for L2 if your L1 isn't up to the task.

Immutable chicken payments

Don’t mention the zero-confirmations bit
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February 22, 2019, 08:51:00 PM

The internet is about to get a lot faster. Here's what 5G speeds feel like :

https://twitter.com/WSJ/status/1099036282905415687

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