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

[Last of the V8s]

in other squiggles TA
(@coinrun)

[HairyMaclairy]

IMHO its too early to break out of the high $3k  - $4k range.  Am inclined to think we will be around this range until mid year. 

[Biodom]

IMHO its too early to break out of the high $3k  - $4k range.  Am inclined to think we will be around this range until mid year.  

What about:

Late March - early April up to weekly MA20 ($4.1k)
Late April - early May down to weekly MA200 ($3.5k)
Late June - early July up to weekly MA50 ($5-$5.5k)
Early to mid August down to weekly MA200 ($4k)
Early to mid October breakout above all 3 MAs ($4.5k)
Late October - early Nov short term peak ($6k-$9k) before normalizing above $6K and growing further.

Plausible.
Interestingly, there is one pertinent tradeview post (not mine) that suggests to buy, buy, buy once we clear the MA50 [edit: weekly MA50 that is] (somewhere between 5 and 5.5K).
https://www.tradingview.com/chart/BTCUSD/ODEYA3RI-WHEN-TO-GO-ALL-IN-IN-BITCOIN/

[Toxic2040]

IMHO its too early to break out of the high $3k  - $4k range.  Am inclined to think we will be around this range until mid year. 

What about:

Late March - early April up to weekly MA20 ($4.1k)
Late April - early May down to weekly MA200 ($3.5k)
Late June - early July up to weekly MA50 ($5-$5.5k)
Early to mid August down to weekly MA200 ($4k)
Early to mid October breakout above all 3 MAs ($4.5k)
Late October - early Nov short term peak ($6k-$9k) before normalizing above $6K and growing further.

Plausible.
Interestingly, there is one pertinent tradeview post (not mine) that suggests to buy, buy, buy once we clear the MA50 (somewhere between 5 and 5.5K).
https://www.tradingview.com/chart/BTCUSD/ODEYA3RI-WHEN-TO-GO-ALL-IN-IN-BITCOIN/

2h


D

#stronghands'19

[HairyMaclairy]

I have deleted my Coinbase account.



#deletecoinbase

[CryptoNeed]

I have deleted my Coinbase account.

What's coinbase?

[HairyMaclairy]

I have deleted my Coinbase account.

What's coinbase?

Fuck em.  I’m done with those cunts.  They stand for everything Bitcoin is against. 

The battle cry #DeleteCoinbase is resounding across crypto Twitter as bitcoin users close their accounts to protest a controversial acquisition by the exchange.

These users are upset with Coinbase for acquiring Neutrino because that blockchain analytics outfit’s executive suite – CEO Giancarlo Russo, CTO Alberto Ornaghi, and CRO Marco Valleri – previously spearheaded projects for the startup Hacking Team, which sold spyware to several governments known for human rights abuses.

For example, the Washington Post reported Hacking Team worked directly with the Saudi Arabian government, including the enforcement group that allegedly murdered dissident journalist Jamal Khashoggi. The startup’s website touted a “hacking suite for governmental interception,” describing its wares as “offensive technology.” This spyware also aided surveillance and arrests of journalists in Ethiopia and the United Arab Emirates, Motherboard reported.

https://www.coindesk.com/bitcoin-delete-coinbase-neutrino-crypto

[xhomerx10]

I have deleted my Coinbase account.



#deletecoinbase

 Dammit!  I just signed up for Coinbase after my Quadrigacx boondoggle... I haven't given any personally identifying info yet.  I'll cancel my account asap.
 It might be better for my fragile ego if I just resign myself to the status of ever-hodler.  That's it.  I'm never selling!  They'll have to pry my bitcoin from my cold dead wallet... or dead cold wallet?  Whatever!  Doesn't matter because I'll be dead.

 Edit: account closed

[JayJuanGee]

Aaaah you’re that other JJG account
I knew he had multi accounts and peeps cruising the forum


and always accusing other people ..........................

He hardly accuse other people of having multi-accounts, but he has suggested, several times, that micpeep might better be understood as either micteam or perhaps mic-astroturf.       

  

just wanted to post that GIF.....as a lebowski lover...

Even if I might happen to be wrong.  There is nothing asshole-ish for me to make such assertions about your potential lil team.  Get a grip.  You are overreacting about nothing... again.   

Your ok.... as i Said wanted to post that lebowski GIF and making non correct assumptions is a small-ish being of an asshole, if your point is proven Then its OK but till Then all wrong thoughts are asshole-ish thoughts 
But as previous Said you’re a true BTC’er so you must be Some kind of OK

Never actualy calling you an asshole ..... Maybe acting sometimes as one, but thats your online act or something, and don’t mind of dealing with that as so long you keep talking about CORN the way you do.....

O.k.  Fair enough description. 

I have been spending some time with relatives in recent days, and certainly there are times in which I understand that I cannot choose my relatives, and I am kind of stuck with some of their behaviors... similarly that there may be some kind of allegiances between folks who are mostly spreading pro-bitcoin messages, even though sometimes they post stuff that might not be as agreeable. 

If all WO pro-bitcoiners were the same, then there would be a lot less desire to tune into the to read through the posts.

[JayJuanGee]

Delete your Coinbase account asap

I mostly don't use mine, and I have certainly had some issues with their account freezes and lack of responsiveness.

But Why are you saying to engage in such deletion, other than maybe just taking most coins off of there and preserving such account as merely just one option (that is not used too much)?


Edit:  I just caught up on this thread, and now I can see (and appreciate) why Passhaas and others are suggesting to delete coinbase accounts.

[Icygreen]

I have deleted my Coinbase account.



#deletecoinbase

 Dammit!  I just signed up for Coinbase after my Quadrigacx boondoggle... I haven't given any personally identifying info yet.  I'll cancel my account asap.
 It might be better for my fragile ego if I just resign myself to the status of ever-hodler.  That's it.  I'm never selling!  They'll have to pry my bitcoin from my cold dead wallet... or dead cold wallet?  Whatever!  Doesn't matter because I'll be dead.

 Edit: account closed

Anyway, most Canadian credit cards/banks do not support crypto purchases and will not work on coinbase. Blocked about 1 year ago.

Been trying to recover my 2fa so I can log in and delete the account.

[HairyMaclairy]

Edit: account closed

Good man


Bitstamp accepts credit cards and USD deposits

[jbreher]

The battle cry #DeleteCoinbase is resounding across crypto Twitter as bitcoin users close their accounts to protest a controversial acquisition by the exchange.

These users are upset with Coinbase for acquiring Neutrino because that blockchain analytics outfit’s executive suite – CEO Giancarlo Russo, CTO Alberto Ornaghi, and CRO Marco Valleri – previously spearheaded projects for the startup Hacking Team, which sold spyware to several governments known for human rights abuses.

Chuckling to myself over the righteous indignation in the twitterverse over #deletecoinbase, by hordes of critical thinkers absolutely fine with the fact that the CEO of the largest investor in Blockchain was the Chair of the Bilderberg group.

Consistency, people. Principles of convenience?

[HairyMaclairy]

Consistency, people. Principles of convenience?

If you want to get backdoored by Coinbase, go for it.  You are already being screwed by Calvin Ayre. 

[JayJuanGee]

According to Diar, cryptocurrency companies are easily raising millions of dollars in investments even in the bear market. After the trend change, the indicators will clearly surprise.

Who is Diar?  In other words, from where is that data, and chart coming?

[Syke]

Bitstamp accepts credit cards and USD deposits

The past is no predictor of future performance, but Bitstamp has always been good to me.

[bitserve]

But to be honest, we have had a great growth since the very next day after my "capitulation" post so I don't see any reason to uncapitulate yet. Plus we are not really out of the woods. Bear market is probably not dead yet no matter if we already saw the bottom or not (which I really don't know for sure).

I am starting to get the feeling that you, bitserve, are trolling us with your capitulation status, for effect.

My "capitulation" post was truly honest and a fair representation of what I was feeling at the time. Of course, even then, I was hoping to be wrong (in fact I state exactly that in the post). After that, we have had some "fresh air" in the form of a nice price growth but, even if sometimes my level of hope raises, I still fear the worst and know there's no reason to think we are out of the bear market. Yesterday events prove my fears are not unjustified.

Of course any of us who went through the bear market of 2014/15 and/or the downward price movements of 2018 feel a level of shell shock - but there is also some degree of normalcy in UP and DOWN price moves, including yesterday's.  In other words, we are not likely to go up until there is a considerable amount of back and forth in the price... And, I agree that we are no where close to being out of the bear market... give me supra $5k and I might begin to feel some confidence and give me supra $6k and my confidence goes even higher.

So no, I am not trolling, even if I am being INTENTIONALLY cautious in trying not to be carried out by the joy (FOMO?) when a pump comes. As I said, we are absolutely NOT out of the woods, so my "capitulation" status will remain until further notice.

Let's be clear (again) that I am HODLING. As always since when I started in 2013 (with small amounts back then, unfortunately).

No buying plans?  sub - $2,500 perhaps?

Currently, my buy orders are resuming in the sub $3,700 arena... after a bit of a hiatus due to personal cashflow issues... but feeling prepared for DOWN... even though UP is so much more preferable... but reality of several months seems reasonable.

By the way, there is so much feeling of DOWN out there that it could be the opposite and merely BIG players accumulating shitloads of the weak hands here... Any weak hands even left?  Perhaps the bearwhales have to dump another 20k coins in order to find out if there are any more weak hands remaining to purge?

Let's also make very clear that I have never been a bear market buyer, so DYOR/YMMV. Neither a FOMO'er (except when an ATH has JUST broken). I buy when I sense a bear market is over and stop doing it (with "fresh" deposits) when I think things are getting (way) out of hand. The rest of the time I just let it run as a happy hodler... besides some volatility scalping here and there.

So, hypothetically, if the bottom is already "in" at $3120-ish, then you may end up buying on the way up?  or maybe 6-9 months later if BTC prices are still in the sub $5k arena?

P.S.: I have updated my profile to make it more clear. I have finally found an use for that feature lol

Ok.. that notice should be helpful to figure out if or when you are out of capitulation status.

You always make overly complicated to reply by splitting a single post into many paragraphs. Anyway, I will reply by numbering:

1-) Basically agree.

2-) I had some buying plans yeah, problem is that I am in a "stressful" IRL financial situation. My fiat reserves are not as spare as previously. So any buying plan got to be postponed or very well thought. I can afford to hodl, but buying more could end to be a reckless decision in MY current situation. Otherwise I would probably be buying.

Once I realise what my current capabilities exactly are I will reevaluate my buying (with "fresh" deposits) plans.

3-) Yes I could be buying in the way up even if it is a higher price. Two main reasons:

- It could be way more clear the uptrend will continue or the bottom is SURELY in (less downside risk).
- I could be in a better financial situation by that time so that I can reasonably "risk" more on crypto.

[Toxic2040]

Maybe not all of the marbles..but a fair bit too be sure. SpaceX launchs the Crew Dragon in a little over 5 hours in a critical mission to obtain certification to begin flying astronauts to the ISS for NASA. Stay tuned. 

t-minus 5 hours

CREW DEMO-1 MISSION



https://www.spacex.com/webcast

------------

In other rocket news, if you get a chance...go see Apollo 11 in IMAX. Extraordinary archival 70mm never before seen footage of the first manned mission to the Moon. Its epic..highly recommend it. It brings back memorys of that magical time when our whole species was focused on a single event. The entanglement was palpable and the air electric..even though I was very young I shall never forget it. I have only had this feeling a few times in my life and I tell you true one of the others was when I first heard of Bitcoin. Anecdotal evidence at best but still I think there might be something to it.

I believe we are on the cusp of such times again and it fills my heart with joy thinking about what amazing things I will yet witness in the near future. This summer..July 20th will mark the 50th anniversary of this event, I hope everyone can find renewed passion for exploration and grand dreams of reaching out to the stars. Our destiny. 

[xhomerx10]

Edit: account closed

Good man


Bitstamp accepts credit cards and USD deposits

 Thanks!  I'll look into signing up once I'm finished night shifts.  There is too much room for error when I'm sleep deprived.

[Icygreen]

Edit: account closed

Good man


Bitstamp accepts credit cards and USD deposits

 Thanks!  I'll look into signing up once I'm finished night shifts.  There is too much room for error when I'm sleep deprived.

Don't expect to use any cards from CIBC, Scotia, TD, or BMO.