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

[erre]

Seems too early to call 48% to 52%.  

I am sticking with 52% to 48% until I feel comfortable, otherwise.  

I am not sure, exactly, what that would take to cause me to convert, but I could think of a few scenarios... 1) going above $6k and staying there with only perhaps a few days here and there in the sub $6k price zone (like we were prior to mid-November 2018) or 2) getting into the $5k to $6k price range and largely staying there for more than 6 months.  

Either of those hypothetical examples would likely cause me to convert from my current thinking of 52% to 48% (aka bear market) to a renewed thinking of 48% to 52% (aka beer market).

Breaking 6k would be a CCMF rocket bull market!

This is beer market. Don't you see the excitement? It's like when after you ate some bear you get sleepy, and then you go sideways for so long that you are bored now and so you drink beer. You are still bored, but the chance of funny things to happen are slighty higher than when you were just going sideways. Beer market

[CryptoNeed]

Breaking 6k would be a CCMF rocket bull market!

Indeed. Nethertheless I think we should focus 1st) on making an significant higher high close on the W and 2) wait for its retracement afterwards. At least, I am waiting for it and I am keeping an eye on those moving averages. I guess great profit taking opportunities are to come for day/swing-traders.
Besides this, I am still happily buying under 200DMA for the long haul.

[mindrust]

What about this?

Jack Dorsey CEO of Twitter & Square is buying $10k in BTC each week.

Is this real news?

If so, Jack is dollar cost averaging just like I do. (just on a lot bigger scale than me) 

[Last of the V8s]

Yes^ lol. meanwhile he's on Joe Rogan right now with a hot twitter gal https://www.youtube.com/watch?v=DZCBRHOg3PQ

[BitcoinGirl.Club]

Much respect for this guy while I believe his words.

Why do you want to possibly increase confusion by juxtaposition posting an image of "dorian" nakamoto in that misleading commentary on the photo about Satoshi Nakamoto, during the media blitz that dorian got during that confusing period of time, that mistakenly implies that there might be some solid information about Satoshi's actual identity? when there is not?

I thought everyone knows about his that he is not the real one so I posted it in here. I meant no misleading by the way.  🙂

It's just us in this WO and we all are well aware about it.

Despite the media tried him to become the real Satoshi but he constantly rejected it which is respect worthy at least for me.

[Torque]

https://www.cnet.com/news/controversial-nsa-phone-data-collection-program-shut-down-aide-says/

well that's alright then

It's because in-home spy devices do a better job, plus buyers literally giving consent by owning/using said device.

[goldkingcoiner]

https://www.coindesk.com/bitcoins-macd-prints-strongest-bull-signal-in-over-a-year

Are we going bullmode yet?

[CryptoNeed]

https://www.coindesk.com/bitcoins-macd-prints-strongest-bull-signal-in-over-a-year

Are we going bullmode yet?

No. Wait for confirmation.

[JayJuanGee]

Seems too early to call 48% to 52%.  

I am sticking with 52% to 48% until I feel comfortable, otherwise.  

I am not sure, exactly, what that would take to cause me to convert, but I could think of a few scenarios... 1) going above $6k and staying there with only perhaps a few days here and there in the sub $6k price zone (like we were prior to mid-November 2018) or 2) getting into the $5k to $6k price range and largely staying there for more than 6 months.  

Either of those hypothetical examples would likely cause me to convert from my current thinking of 52% to 48% (aka bear market) to a renewed thinking of 48% to 52% (aka beer market).

Breaking 6k would be a CCMF rocket bull market!

This is beer market. Don't you see the excitement? It's like when after you ate some bear you get sleepy, and then you go sideways for so long that you are bored now and so you drink beer. You are still bored, but the chance of funny things to happen are slighty higher than when you were just going sideways. Beer market

Yeah, but I have never eaten bear before, so maybe that is part of the reason that I am having difficulties appreciating the current situation.  

I wonder:  In order to attempt to understand moar better, do I need to go shopping for bear meat?

[Biodom]

BlockFi looks to boost market with launch of high-interest accounts​.

New York lending firm BlockFi announced Tuesday it is launching a crypto savings account with 6 percent annual interest, payable monthly in bitcoin or ether.

https://www.theblockcrypto.com/2019/03/05/crypto-cash-back-blockfi-looks-to-boost-market-with-launch-of-high-interest-accounts%E2%80%8B/

Well that's audacious.

How the hell can something like that be sustainable?

I looked at it. Very enticing if it truly works. 6% is a lot.
However, 6% interest rate (in btc) sounds implausible.
The only way I can see this working would be them lending your bitcoin to margin players, which pay 20% yearly.
They (blockfii) also have cash lending program, but margin calls upon sudden plunges would be a worry there.
I guess if someone would want to get $$ at $800/btc equivalent, then it might be reasonably safe (unlikely to receive a margin call).

[Last of the V8s]

ooh congrats to bones and LFC for becoming default trust members
we call you Sir now?
https://bitcointalk.org/index.php?topic=5117330.0

[LFC_Bitcoin]

ooh congrats to bones and LFC for becoming default trust members
we call you Sir now?
https://bitcointalk.org/index.php?topic=5117330.0

Oh wow, I get uncomfortable accepting congrats to be honest. I get a bit embarrassed. Thanks to everybody who put me in their custom trust list. I guess this means you’re now DT2? I have you in my trust list mate.

[JayJuanGee]

Much respect for this guy while I believe his words.

Why do you want to possibly increase confusion by juxtaposition posting an image of "dorian" nakamoto in that misleading commentary on the photo about Satoshi Nakamoto, during the media blitz that dorian got during that confusing period of time, that mistakenly implies that there might be some solid information about Satoshi's actual identity? when there is not?

I thought everyone knows about his that he is not the real one so I posted it in here. I meant no misleading by the way.  🙂

I doubt that everyone knows that he is not the real Satoshi... even if you may not have been intentionally attempting to mislead.

It's just us in this WO and we all are well aware about it.

Generally, each of us may be more "woke" than the average person in society about bitcoin, but we should not presume each reader of this thread to be "woke"... furthermore, there are a lot of people who come in and out of this thread, too, and they might not even post and some of them could get mislead by misleading images and misleading content.. hence the reason for my initial response to your post.

Despite the media tried him to become the real Satoshi but he constantly rejected it which is respect worthy at least for me.

He surely has become famous in the bitcoin world for his various images and responses.  From just a bit of conversation with him, it seemed to had become apparent that he did not have much of a clue about bitcoin, prior to first being accused of being Satoshi.

[Last of the V8s]

Dunno mate sir

[Hueristic]

Check out this Coinbase announcement.
Say whatever you want, but their response rate is fast.

https://www.coindesk.com/coinbase-pushes-out-ex-hacking-team-employees-following-uproar

Unless it has to do with them stealing your coins.

[JayJuanGee]

ooh congrats to bones and LFC for becoming default trust members
we call you Sir now?
https://bitcointalk.org/index.php?topic=5117330.0

Oh wow, I get uncomfortable accepting congrats to be honest. I get a bit embarrassed. Thanks to everybody who put me in their custom trust list. I guess this means you’re now DT2? I have you in my trust list mate.

There are likely going to be quite a few "shake-ups" in regards to DT in the coming months. 

Theymos did say something about limiting DT1 to around 100 members, so it will be interesting to see what he does when the DT1 list approaches that 100-ish quantity, and then if he institutes some randomness or rotation and/or otherwise changes some of the DT1 eligibility criteria.

[gentlemand]

Oh wow, I get uncomfortable accepting congrats to be honest. I get a bit embarrassed. Thanks to everybody who put me in their custom trust list. I guess this means you’re now DT2? I have you in my trust list mate.

I will go to my grave without a fucking clue about how this trust shite works or makes the world a better place. I would not be capable of comprehending it even if you stuck in me in Cerebro with a Ritalin dildo up me.

[erre]

Yeah, but I have never eaten bear before, so maybe that is part of the reason that I am having difficulties appreciating the current situation.  

I wonder:  In order to attempt to understand moar better, do I need to go shopping for bear meat?

People on reddit marinate it in beer before roasting, for a better taste and softer meat I suppose.

[bitserve]

Oh wow, I get uncomfortable accepting congrats to be honest. I get a bit embarrassed. Thanks to everybody who put me in their custom trust list. I guess this means you’re now DT2? I have you in my trust list mate.

I will go to my grave without a fucking clue about how this trust shite works or makes the world a better place. I would not be capable of comprehending it even if you stuck in me in Cerebro with a Ritalin dildo up me.

I don't even know what to use it for. I mean, I can trust some people but that doesn't mean I need to trust the people they trust as they can be completely trustable persons but not have good criteria in who to trust. Donno, it's complex. Bleh, fuck it, I already have enough things to think about.

[encycrypto]

Congratulations LFC!

Though I'm not sure either what it's about, but I think that it's something very good as the list only contains of some very senior and reputable bitcointalk users.