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

[El duderino_]

Dammit can’t follow the Oscar’s........

To exhausted

Curious though *HODL-nest calling my name*

Good night WO’s ————> JoJo its all yourS (there wasn’t much use of me today, had Some duty’s first one getting out of bed, 2nd sober up and 3th work.....)

Gonna take the HAT of tomorrow, brought me Some Luck

[JayJuanGee]

I responded to your last post because it was short, but this one again is too much to read.

Poor lil thingie.  Not capable of figuring out ideas of others, if they are long.   

sorry to disappoint you moon boy,

Why would I be disappointed?  Your lack of substantive response, and the way you response with nonsense ad hominem says more about your inabilities than about me.

ain't reading that shit.  .

Again presumptive to conclude that the ideas of another person are "shit" merely because they come from another person, and even more presumptive if you don't even attempt to read them because they are "too long."  Poor lil thingie.   

i hope it has anything useful for others who might read it, tho i doubt that.

Again presumptive of you, especially if you have not read.  Furthermore, if you post your dumbass TA on a public thread, then you should expect that some people might respond to your ideas (or lack thereof).

[JayJuanGee]

And the partly stops, seems like we got dump hard in just less than a day.
The expectation of a bull run might change from most of the guys because the market is still very bearish.
I'm seeking some advise from the experts here, what to do next? What's the next price?

why ask a bunch of people who know just as little as you?

it's not super bearish. it's really not super bullish. it's kind of nowhere. there'll be violent moves that make no sense that don't follow through. this is what it's like when things have been wrung out.

I was just hoping I could find some experts opinion, but okay, I understand.
Life goes on, I agree it's not super bullish or super bearish but now the public sentiment has change, I'm a panic guy, sorry.

Maybe you should sell a little bit in order to worry less?  You sell until you feel comfortable about either price direction.

But I know that selling won't likely help either.. hhahahaha.. because if you sell some, then you will worry that you don't have enough for when the price goes up.   

Cactus, is that you?

[mikeywith]

nice TA , gave you a merit.

here is another problem that the bulls have to face now, the trend line in blue



the good news is breaking out the large triangle, the down trend should act as a strong support, therefore i won't be waiting for another touch on the 200MA on the weekly for my next entry, this is how i plan to play the next long position;

1- wait for a close above the small trend line in blue and set my SL below it.
2- wait for a test of the coming support (dotted blue line) which also happen to be the down trend of the big triangle.

these two levels will provide a good risk to reward ratio with TP at the last high of yesterday.

* above is BTCUSDT chart differs a bit from BTCUSD

[HairyMaclairy]

nice TA

Merited your TA as well.  Nicely thought out.    

[mikeywith]

Again presumptive of you, especially if you have not read.  Furthermore, if you post your dumbass TA on a public thread, then you should expect that some people might respond to your ideas (or lack thereof).

i see you are shortening your posts now, so desperate to make me read and actually reply ?  

ok you are 100% right, i am 100% wrong, you won ! now could you please fuck-off  on Thursday ?  

[JayJuanGee]

Again presumptive of you, especially if you have not read.  Furthermore, if you post your dumbass TA on a public thread, then you should expect that some people might respond to your ideas (or lack thereof).

i see you are shortening your posts now, so desperate to make me read and actually reply ?  

You are full of presumptions, and even wanting to take credit for a phenomena in your mind (that even if true) you have not caused.  

ok you are 100% right, i am 100% wrong, you won ! now could you please fuck-off ?  

I doubt anyone here is 100% correct, because, for example, there may have been more diplomatic means in which I could have better addressed some of your post content from the start, but anyhow, I don't hold grudges - even with members who come off as overly sensitive, emotional, defensive and aggressive like you have in these recent posts.  

Furthermore, some of your BTC price dynamic ideas are not too bad as long as you could refrain from becoming too dogmatic and denigrating of others in your approach in those presentations.. ..

[xhomerx10]

Again presumptive of you, especially if you have not read.  Furthermore, if you post your dumbass TA on a public thread, then you should expect that some people might respond to your ideas (or lack thereof).

i see you are shortening your posts now, so desperate to make me read and actually reply ?  

ok you are 100% right, i am 100% wrong, you won ! now could you please fuck-off ?  

 Kind of out of line there... it's not Thursday.

[jojo69]

Yeah Mic, we're going to need a swing shift tonight...no way I'm staying up till you come back on.

[JayJuanGee]

my gut feeling tells me that we may have an upbart incoming

When?  I would like to plan, accordingly.  

It sure looks like a reverse Bart building up.

When?  I would like to plan, accordingly.  

Hard to say could be sooner but sometimes these barts drag their spikes on for days. I want to say 3 days.

O.k.  I will plan my bitcoin related activities around that three-day-ish timeframe.

I feel like this is a weird form of insult, as everyone on here I am going by just pure speculation and have no secret sauce.

I am not trying to insult you.  Why does it seem like everyone is becoming so defensive these days? , or is it just me? (that is just a rhetorical question, by the way).    

In my earlier post, I was merely attempting to ask you for more details regarding your reverse bart prediction, and I thank you for your fairly specific response.    By the way, to your credit I got a response... vroom has not said, shit... yet.   

Just for clarification, I am not actually going to be taking any actual action based on your prediction, because I already have a system that seems to work for me, so I was exaggerating a bit (kind of meant to be a joke) when I asserted that I would take specific action(s).  

However, based on your prediction, I am going to be looking out for a reverse bart in the 3 day-ish range.  What's wrong with that?   This is a speculation thread, and you clarified one of your speculations, no?

[mikeywith]

I feel like this is a weird form of insult, as everyone on here I am going by just pure speculation and have no secret sauce.

my advice is you shouldn't engage with this member in any type of conversation, he probably bought bitcoin at 15k with all his savings, and now has nothing else to do but troll everyone for everything, unless you enjoy boring and pointless debates then he fits best for the task.  

Kind of out of line there... it's not Thursday.

Edited.

[jojo69]

Edited.

But man, come Thursday, let that douchebag have it!

[JayJuanGee]

I feel like this is a weird form of insult, as everyone on here I am going by just pure speculation and have no secret sauce.

my advice is you shouldn't engage with this member in any type of conversation,

Based on your short time, here, I could have predicted that you would be in the business of giving "advices".  

Thread newbie, and all of a sudden a thread's personality expert?    

he probably bought bitcoin at 15k with all his savings,

Yes, you are showing yourself to be very good at baseless speculation, even when there is an easy enough means to at least perform a tiny bit of due diligence.  Have you ever heard of "post history"?  

By the way, I never  go back and delete or edit my posts (beyond initial edits), so there is a plethora of information about my various personal relationships with bitcoin that are quite different from your presumptive summary.  

and now has nothing else to do but troll everyone for everything,

Possibly, you don't even know the definition of troll?

unless you enjoy boring and pointless debates then he fits best for the task.  

Exactly, for you, anything becomes boring and pointless when you don't receive kisses upon your feet.

Maybe, before you start engaging on topics that you do not understand, you should grow the fuck up, a little, mikeywith?

[HairyMaclairy]

An alternative interpretation. Hopefully self-explanatory.

Detail



Zoomed out

[JayJuanGee]

Edited.

But man, come Thursday, let that douchebag have it!

I got a chuckle out of "douchbag."  I almost merited you for that one.  hahahaha

Anyhow, I'm sure that it is Thursday somewhere in the world.... especially if you live in a world like mikeywith and you just make up shit to your convenience.  

So, pro-tip:  just make up that today is Thursday.    

[HairyMaclairy]

Yeah Mic, we're going to need a swing shift tonight...no way I'm staying up till you come back on.

I got your back man.  Go to bed. 

[Toxic2040]

Yeah Mic, we're going to need a swing shift tonight...no way I'm staying up till you come back on.

I napped and will be up for at least 6 hours now. Not sure it will help.



6h







--------
Unhealthy the Wall
A ship plummets past bitcoin
whilst watching the moon

[HI-TEC99]

https://www.cryptoground.com/mtgox-cold-wallet-monitor/

Thx V8 but do we know what the amount on exchanges are? That is just the starting wallets and their balances. There should be a public accounting of the funds somewhere since its a class action right?

yes that is not official, but it is where the money is, rather than being on any exchanges. a much better way of noting any movements than official channels, which nonetheless are here https://www.mtgox.com/
maybe here https://www.mtgox.com/img/pdf/20180317_qa.pdf scroll down

enuff questions i can't fucking see let alone english

Thanks man.

SHIT! that PDF in Japanese I'm going to guess.

Bitcoinist estimated the gox stash at 166K BTC on Aug 03, 2018.

https://bitcoinist.com/mt-gox-creditors-bitcoins-next-summer/

Approved in June, the current rehabilitation plan aims to distribute the Mt. Gox stash — which is currently about 166K BTC (or almost $1.3 billion USD).

On the other hand bitcoinist estimated the gox stash at 137,890.96 BTC on Jun 22, 2018.

https://bitcoinist.com/mt-gox-bitcoin-whale-trustee-wont-sell-btc/

The creditors will also be required to refile their claims by October 2018. Nevertheless, since Mt. Gox. still controls 137,890.96 BTC

The two figures are almost the same, apart from an insignificant 28110 BTC difference between them.

[mikeywith]

But man, come Thursday, let that douchebag have it!

I think he gets it everyday IRL at least, being abandoned for being thick IRL is one of the reasons why someone would turn into a complete asshole online.

but i know the cure for his type of sickness, just ignore him , somebody else will throw another bone and he is going to catch it.

[Majormax]

And the partly stops, seems like we got dump hard in just less than a day.
The expectation of a bull run might change from most of the guys because the market is still very bearish.
I'm seeking some advise from the experts here, what to do next? What's the next price?

why ask a bunch of people who know just as little as you?

it's not super bearish. it's really not super bullish. it's kind of nowhere. there'll be violent moves that make no sense that don't follow through. this is what it's like when things have been wrung out.

Thats a good summary. The market does now seem to be nearly  'wrung out'. ... It's a classic chart pattern for a long time frame. Markets never move when there are too many 'passengers'

The trading range/random moves then go on for an extended period, in order to squeeze out any remaining speculators through either draining of enthusiasm, or exhaustion of trading capital. That will be 'as long as it takes'. Could even be years , especially after a really wild bull market.