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

[Gyrsur]

https://twitter.com/howmanybigmacs/status/1099322991933042688?s=21

here we go 

https://twitter.com/BigMacIndexBTC

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[Toxic2040]

.....

I feel like I would not be much of a wizard if I didnt cast some doubt on the situation once in awhile.

I do think so too, that charts say so, but i don't think this is the rally we waiting for.

I dont think this is the one either, I do however think we are correcting into the right area for crossing over the downward trend line and that we will trend sideways in the $4k to $6k range for several months before attempting a run at $10k+

Nice TA by the way.

+1 WOsMerit

[Arriemoller]

Nice green candles to go on top of my cake on my special day.

Happy birthday dear WO brother.

[free-bit.co.in]

Zhou Tonged - Bitcoin's Back (Eminem - Without Me)



Good vibes!

Guess who's back??? BITCOIN!

[El duderino_]

via Imgflip Meme Generator

One of the things that passed.......

Meanwhile keep pumping (0 BTC conversations t’ill now )

+-6 Wines and a gin tonic

Ordening another one as we speak

To cheer on Bones261

Have a good one brother and keep maintaining the forum, Guys as you are needed in places as this
Writing Will get worse and worse from now

via Imgflip Meme Generator

Didn’t read any F***ing thing from here
But man booze has to come out sooner or later
And come on give me Some sending around dynamite
I give them best when i’m @i’m right now
And meanwhile i’ve been given them nocoiners Some talk and sense F*** like Some of them but retarded as oilgrease they are!!!!
Where’s that white russian cause closing the eve @a cocktail bar
!!!!
Cheers
BoB are you drinking to?
I’m way ahead of you

[jojo69]

Good vibes!

Guess who's back??? BITCOIN!

lol

2013 called

[somac.]

Interesting development in the bitstamp order book.

If anyone remembers I mentioned a few weeks ago about how much buying support there was around the 3k level, but, also at the same time how the sell orders were not following the price down (IIRC 2000 btc sold bring the price down 4%, whereas 2000 bought price up around 20%).

I've continued to keep an eye on the order book during this last increase and at the 3700 then 3900 levels buy orders and sell orders were balanced (IIRC about 2500 sold or 2500 bought would move the price 15% either way). Meaning that despite the recent increase in price the buy orders were not following the price up, meaning lack of confidence in the bounce.

Well, right now order book is showing if 2000 coins are sold the price will drop 12%, but, if 2000 coins are bought the price will rise 21%. I can only interpret this as buyers now regaining confidence and beginning to follow the price up rather then waiting for a dip to the lows or new lows. In my mind this is confirmation that the low is now in.

[JayJuanGee]

NOT prudent to be giving taking any kind of "investment advice" in these here threads

FTFY

Fair point.

[Arriemoller]

Bitcoin from last few days. It's gonna fly in no time 🙂

Guys, guys, slow down, it's way too early for that. This is just a bart.

[JayJuanGee]

thanks for the TA but ... party pooper

tried tell the forum members to short at 5700 last Nov, but they thought i was a "party pooper and fud spreader" , but if you think this is the rally that is going to take us to ATH, be my guest, take my BTC give me your cash  

Regarding the bolded - I’ve seen nobody claim anything like that buddy. Nothing wrong with a bit of HOPIUM & people being happy about a pump though. It’s nice to feel a pulse every now & then

Exactly!

There is nothing wrong with trading BTC, and even employing margin (which is more risky than merely HODLing and accumulating), but if you start to make claims that diss on BTC HODLers and those who don't sell their BTC and merely buy BTC on dips or dollar cost average into BTC, then you have gone a step too far.  

In other words, fuck the "know it all down-callers" (by the way, don't take this personally, mikeywith.... I think you make some decent points in your various posts... hahahahahaha)...

[serveria.com]

thanks for the TA but ... party pooper

tried tell the forum members to short at 5700 last Nov, but they thought i was a "party pooper and fud spreader" , but if you think this is the rally that is going to take us to ATH, be my guest, take my BTC give me your cash 

Wow wow wow what do we have here .... Nostra-freaking-damus everybody saw your prediction but nobody sold because we're not selling on the way down dude. Go look for some weak hands in other threads...  

[Last of the V8s]

https://twitter.com/chris_belcher_/status/1099403015444987904
For the last few weeks I've been working on a literature review for bitcoin privacy: https://en.bitcoin.it/wiki/Privacy  It aims to cover about all privacy issues in bitcoin, including Lightning network, and has a bunch of examples to help demonstrate how the concepts work in practice.
https://en.bitcoin.it/wiki/Privacy
https://en.bitcoin.it/wiki/Category:Privacy


yuge amount of work

[Globb0]

Ill have a piece of that  

[JayJuanGee]

Peter Peter Pumpkineater

One of the major problems with that assessment is that we don't have 21 million bitcoins, neither current nor are we going to be likely to be anywhere in the ballpark of 21million after 120 more years of mining them.... Lucky if you get a total of 16 million out of the whole thing by the time we get to 2140 including all the lost private keys due to death, inadvertence or negligence.

[Arriemoller]

But since we are speculating on things & physics is my hobby, I would have to go with the multiverse theory.
All universe's are tangled and intertwined between them in a constant state of superposition.
Very simply put, 'our' universe big bang, originated from another universe black hole collapse!?
The real question is how did it all that start.

I am with you on that. The singularity doesn’t seem particularly stable so what was before.  I would like to think it just another big cycle.  Eventually space time will start to shrink, the universes will contract again into a single point and then re-explode.

If we are in a cycle then the answers to our far distant past lie in our far distant future

Edit:  hey it’s actually a thing.  https://en.m.wikipedia.org/wiki/Cyclic_model   I guess it’s a pretty obvious thing to think

What is really interesting is that various mystic religions hit on the same model long before science.  One example being the Egyptiian, later Gnostic and Hermetic, concept of Ouboros.  Also seen in the Norse Jormungand. 

There is something very interesting going on at the intersection of cosmology and psychedelics.

Jojo, Jormungandr also known as the midgard serpent ( miðgarðsormr) is the giant snake or sea serpent that encompasses midgård, where humans live. I think you mean ragnarök, the end of the world as we know it and the beginning of the next world.

https://www.youtube.com/watch?v=jbhjey_J50A

https://www.youtube.com/watch?v=fawKNTjeOWs

[Ibian]

What. No. Do not post pictures of yourself pissing. Goddamn degenerates.

[JayJuanGee]

Regarding the bolded - I’ve seen nobody claim anything like that buddy. Nothing wrong with a bit of HOPIUM & people being happy about a pump though. It’s nice to feel a pulse every now & then

they don't have to say it, i am pretty sure most noobs feel this way every time btc pumps, tho i am sure many of them have said it somewhere, i don't have the time to dig for such moon posts, to me, there is everything wrong with being happy about a pump like that, i trade the market in "calm" mode, take my profit and gtfu, but if you want to throw a party for this pump i don't mind attending, and i promise i won't be a "party pooper" 

Why the fuck you picking on noobs or hopium filled folks?  It is still a prudent practice to buy BTC on dips, to dollar cost average and cheer for the BTC price to go up, even if such upward price movement is just temporary.

Sure some folks may be willing to take a bit of profits from their BTC investment here and there, but there is no real value in attempting to play around with BTC trading when you don't know what the fuck you are doing (which is kind of implied with the concept of a noob) and furthermore when the BTC price has already corrected more than 80% from it's top and still is near a 80% correction level, when the BTC price upside is much greater than the downside and worse would be to suggest to play around with margin or leverage to bet against BTC and risk losing everything...

[JayJuanGee]

even though Hairy the no longer bearie.. seems inclined to count his V8 chickens.

V8 owes me 1.2 million satoshis.  That’s a lot of chickens. 

Well, when you frame it like that, I get a bit embarrassed in my lame attempt to blame you for such counting.   

[somac.]

Bitcoin from last few days. It's gonna fly in no time 🙂

Guys, guys, slow down, it's way too early for that. This is just a bart.

Quite possibly, but confidence has come back to the market. See my post above

[Hueristic]

Been busy but doing some catching up and DAMN seeing this action is a nice turnaround.