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Question: When will we see a new ATH?
2023 - 38 (25.5%)
2024 - 58 (38.9%)
2025 - 40 (26.8%)
2026 - 3 (2%)
2027 - 2 (1.3%)
After 2027 - 3 (2%)
Never - 5 (3.4%)
Total Voters: 149

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26001908 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. (170 posts by 5 users with 9 merit deleted.)
sirazimuth
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February 24, 2019, 01:34:14 AM


whoa! nice shoes dude.
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mikeywith
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be constructive or S.T.F.U


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February 24, 2019, 01:45:43 AM
Last edit: February 24, 2019, 02:06:51 AM by mikeywith


ok i am sorry for being realistic, i know the crowd wants moon memes and "buy now before it's too late" b.s , it makes them happy because sadly the majority of them bought btc at higher price.

the purpose of my post was a simple clear warning for those who have been losing money from day 1 in bitcoin listening to moon boys who keep encouraging them to buy btc at every level telling them " this time is different."

i am not sure how you ended up analyzing my words, but if you felt that i was disrespecting anyone then you probably need to grow a thicker skin.

i spend the time and effort to educate the noobs and i am not even wearing a signature , doing this for absolutely free, and taking the risk of going against the wind by telling them something they don't want to hear, and getting all type of b.s replies (not yours, yours is perfectly fine).

but if you have a problem with how i express my thoughts on the market, feel free to put me on ignore.

sirazimuth
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February 24, 2019, 02:01:03 AM

... then you probably need to grow a ticker skin.


I wish I could grow a ticker on my skin...save me looking at my device every 5 minutes to check price....
mikeywith
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February 24, 2019, 02:08:14 AM


lol that's indeed a terrible typo, but think about it, doesn't a ticker on skin seem like a good idea?
jojo69
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1/21000000 , the only math you need to know


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February 24, 2019, 02:14:37 AM

Night shift on duty...Mic's down for the count

and I rather don't expect him terribly early tomorrow...
Hueristic
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February 24, 2019, 02:46:03 AM
Merited by bones261 (3)

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



Happy B-Day!
Hueristic
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February 24, 2019, 02:50:34 AM

I used to be a much bigger sports fan, I still watch games every now and then but I was wasting too much time watching sports.  Might life doesn't change in the slightest if my team wins.  

I can't prove it but I think you live longer if your team wins. Smiley

Would seem more likely that you live shorter if your team loses. Which is not quite the same thing.

Interesting take and entirely possible, why hasn't someone done a study?

Stress is a killer. Why hitch your health wagon to sporting contest outcomes over which you have no control, nor even participation?

That question is beyond me. I take pleasure when My team wins another Superbowl but never stress if they lose (They were dead last my entire childhood). Smiley
JayJuanGee
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February 24, 2019, 02:53:40 AM

We seem to be going back up to $4160 again quickly and the 121BTC are still there.

Gonna easily get gobbled up, right?


Edit (less than 15 seconds after initial post):  And their gone.


hahahahahahahaha   Cheesy Cheesy Cheesy Cheesy    Gotta love it.
Hueristic
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February 24, 2019, 02:59:08 AM

almost always up to date on reading although I have been known to sleep or go out
almost always behind on meriting
never beg or even hint about that except here now lol
keep a list of ones i'd want to merit
sometimes have to have a ruthless blitz on decent posts list otherwise would never catch up

pretty much what I suspected, I might have to try keeping such a list.

I just drop an "IOU" and then do a search and strike them out when paid. Smiley
Lambie Slayer
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February 24, 2019, 03:07:12 AM

Bears, are you ready?

https://www.youtube.com/watch?v=JvjxRrX6Z2c
JayJuanGee
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February 24, 2019, 03:10:25 AM


I have not been accusing you of being realistic, but you seem inclined to want to generalize everyone else as being dumb but you, even though I will concede that there is a crown phenomenon, it lacks a lot of sensitivity and seems to be a kind of inaccurate generalization to attribute those characteristics to all individuals - and seemingly participants of this thread, too.

i know the crowd wants moon memes and "buy now before it's too late" b.s , it makes them happy because sadly the majority of them bought btc at higher price.

It's like you are taking various trending phenomenons and ascribing those characteristics to individuals with a kind of strawman selectivity argument.

Sure some people did not buy low and sell high and some people did the opposite.  So fucking what?  it is a phenomenon that exists, but it is no reason to conclude that everyone or even a majority have been doing that, and suggesting that those are the same people involved in bitcoin now.  Of course, there is overlap, so you seem to be just devolving into a BIG ass erroneous generalization of amorphous phenomena that don't mean what you are trying to get them to mean.



the purpose of my post was a simple clear warning for those who have been losing money from day 1 in bitcoin

Why do you want to warn people that you are clearly patronizing?  Your attempt at justification makes little sense.

By the way, there is a mixture of winners and losers in bitcoin, and so far, it has been difficult to lose money if you stay in bitcoin long enough, which means that you will likely end up experiencing a bull market at some point and most people tend to make money in bull runs.


listening to moon boys

Why do you feel a need to denigrate?  and act like bitcoin is some kind of ponzi scheme?  maybe you meant to  be participating in an ethereum thread or an ERC 20 token thread?

who keep encouraging them to buy btc at every level telling them " this time is different."

Now that seems to be like a troll/shill talking point.  what the fuck?  "this time is different"... Who the fuck here is saying that?  You trying to summarize our various posts in this thread with dumb-ass lame bearshill/beartroll talking points?  Of course, many of us, just like you, are expecting another bull run in bitcoin at some point, whether such bull run happens soon (which seems unlikely) or takes 1 to 2 years to play out (seems more likely), these seem to be good buying points, even if the price corrects again in the near future from here.


i am not sure how you ended up analyzing my words, but if you felt that i was disrespecting anyone then you probably need to grow a thicker skin.

Most likely you are disrespecting logic.  I already have a pretty thick skin, so don't worry about me.  Instead of becoming a bit more reasonable, you seem to be doubling down in the area of the nonsensical... and filled with a lot of unsubstantiated generalizations... which are generally disrespectful to the intelligence of many of the regular participants in this thread (even the dumber ones as you might be suggesting some of us to be) rather than any feelings that I have specifically.


i spend the time and effort to educate the noobs

Great.  If you are providing helpful information, then thanks, but no one really needs to be patronized, whether noob or not.

By the way, if you are providing various technical analysis, merely because you draw better lines on a chart than someone else, and some other people do not really buy into some of the charting techniques does not mean that you are smarter than those differing perspectives, even if you end up being correct in your prediction.


and i am not even wearing a signature ,

Signatures have been disabled in this thread, anyhow.


doing this for absolutely free,

A lot of us here are sharing our opinions about bitcoin and other matters, here, for free too.  Some opinions are more valuable than others, and it is good to have various diverging opinions, too.

If you are trying to suggest that your information is more valuable, then maybe you should go somewhere else and charge for it, if that might make you feel better.

Sometimes, I have seen that posters who tend to brag how valuable their information is, they are trying to build a base in order that they can charge for the information down the road.  Your comment about "free" does suggest that you would prefer to be paid because you happen to be so damned smart (compared with others here).


and taking the risk of going against the wind by telling them something they don't want to hear, and getting all type of b.s replies (not yours, yours is perfectly fine).

If you post in a public thread then you are not always going to get love.  Who has sensitive skin, here?


but if you have a problem with how i express my thoughts on the market, feel free to put me on ignore.

Of course, I am free to put you on ignore or to respond.  I don't need permission to put you on ignore, if I were to want to do that.
HairyMaclairy
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February 24, 2019, 03:18:32 AM

We can call the bear line irrelevant after we cross it, and even then it should provide support

that's not what i mean, there is no "proper" trend line that you can draw from 19k, unless you going to take it from ATH all the way down to 6500k , ignoring all previous highs, such trend is week/irrelevant.

 the only valid trend line with 4 points is the one from Feb 2018 at 11930 connecting 10120 , 8400 and 6500. refer to the image above.

There is no particular need for us to agree on the interpretation of seagull entrails.  I place the bear line at around $4,500 currently and the first real test of our baby bull market.  I would be surprised if we could cross it at our first attempt.



Zoomed in




my major concern is the upcoming resistance at 4500$ area

 Relevantly both of us place upcoming resistance at $4,500.  Perhaps it doesn't matter how we come to the conclusion that resistance is at $4,500, if we both agree on it.  


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February 24, 2019, 03:19:56 AM

The greatest feeling you can get....... Grin
Its called the Pump.

https://www.youtube.com/watch?v=84cVizR6sPQ
jojo69
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February 24, 2019, 03:20:46 AM

sooooo pretty

when rekt?
sirazimuth
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February 24, 2019, 03:30:03 AM
Merited by bones261 (1)

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



Happy B-Day!

nice green candles, though to be accurate, you need 46 more...

Happy b-day, bones.  Wink
JayJuanGee
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February 24, 2019, 03:33:18 AM

my major concern is the upcoming resistance at 4500$ area

 Relevantly both of us place upcoming resistance at $4,500.  Perhaps it doesn't matter how we come to the conclusion that resistance is at $4,500, if we both agree on it.  

You don't have to draw squiggly lines on charts to appreciate various interesting price points that might constitute resistance.

Previous local top of $4,236 is approaching, and it will be interesting to see if the price whizzes by $4,236 in order to hang out in the sub-$4,500 arena.

It would be quite surprising to break above $4,500 without some kind of a correction or a meaningful battle.

But this is BTC, every once in a while there will be a few surprises, just to throw everyone off, and it would be nice to go straight to the sub $5k arena and play there for a few days.  Perhaps hopium?

@bitserve?  You starting to develop some tinglings?   Wink
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February 24, 2019, 03:36:26 AM
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I want to repost the CME chart because I don't think people are realising the significance of it.

Typically the bottom is drawn as a giant capitulation candle with huge volume.  This is the bottom for 2015.  



We hit absolute bottom on a massive capitulation candle in January 2015.  We then broke upwards through the bear line in late June 2015.

What I have been waiting for, and presumably V8 is still waiting for, is a massive volume candle.  But there is a huge candle out there, just not where you would normally look.  There is an enormous volume candle on CME.  Wall Street has painted an enormous flag on Bitcoin, and that flag says "the bottom is here".  Wall Street thinks the bottom is in.  



I am still wrestling with the implications of that.  But we may look back on this five or ten years later and say "that was how we knew that the bottom of the market was in for the 2018/2019 crypto winter".  

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February 24, 2019, 03:36:49 AM


nice green candles, though to be accurate, you need 46 more...

Happy b-day, bones.  Wink

I was wondering how you guessed my age. However, it looks like I posted my age a year ago. Oh well, thanks to equifax, some hackers have all of my info anyway.
sirazimuth
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February 24, 2019, 03:41:29 AM


nice green candles, though to be accurate, you need 46 more...

Happy b-day, bones.  Wink

I was wondering how you guessed my age. However, it looks like I posted my age a year ago. Oh well, thanks to equifax, some hackers have all of my info anyway.

I actually had a milestone one year (plus a day) ago too... remember? Cheesy
HairyMaclairy
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February 24, 2019, 03:42:54 AM

Meanwhile on the four hour chart we have:

30 x 4hr Moving Average on Top (Green)
50 x 4hr Moving Average Below (Yellow)
100 x 4hr Moving Average Below (Orange)
200 x 4hr Moving Average at Bottom (Red)

This is a full flight bull formation.  Beautiful to see.  It hasn't looked this good since mid 2018.  Looking forward to the daily chart looking like this. 



Oh yea, we are at $4,175 now.  
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