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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (0.8%)
7/28 - 11 (9.1%)
8/4 - 16 (13.2%)
8/11 - 7 (5.8%)
8/18 - 6 (5%)
8/25 - 8 (6.6%)
After August - 72 (59.5%)
Total Voters: 121

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26486376 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. (174 posts by 3 users with 9 merit deleted.)
HairyMaclairy
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March 09, 2019, 03:08:45 AM
Last edit: March 09, 2019, 03:29:07 AM by HairyMaclairy
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I don't like everyone is expecting to keep the pattern or even breaking up from it. We need more blood, depression and despair before a solid ath-worthy bull run.

1.  I don't expect to break up.
2.  Everyone is still looking for the final volume spike to flag the bottom, which is a good reason why it may never happen.  Instead everyone is already accumulating.
3.  If you believe in Wall Street's preferred measure (CME Bitcoin Futures), we have already had the volume spike to seal the bottom.

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March 09, 2019, 03:56:33 AM

[ edited out]

I missed the name calling on both sides. Glad we agree on the boilerplate part. As far as labeling our probabilities of future outcomes as guesses, I stand by that.

Maybe now, we are meandering into the extent to which guesses are involved in this whole matter, or how to categorize what is a guess?

In the past few hours, I have been attempting to reflect a bit on what point you have been attempting to make with your seeming ongoing desire and persistence to label what is going on as a "bull market" or a "baby bull market," and your earlier "baby bull market" kind of gives away what you are attempting to achieve.

Largely you are trying to argue that you are pretty convinced that for whatever reason you believe that the bottom is in, and this price downtrend is reversed.  You are trying to emphasize your point by labelling the matter as a baby bull market.  Some of the rest of the matters that you are throwing in are not as central to those kinds of main points that you are trying to make with your labelling our current status as a "bull market" or "baby bull market."  And, you are largely both attempting to be predictive with your implication that the "bottom is in", and you may end up being right, but you also seem to be attempting to provide a kind of spin doctor reality to the matter by suggesting that if we all begin to believe that the bottom is in then we will act in such a way that causes the description to fulfill the prescription.

I have called you a troll, and other similar names a few times, because I had been kind of questioning some of your exaggeration intentions; however, I may be developing a little more sympathy for your whole framing of the matter if I am correct about your intention to merely cause more bullish thinking that might assist to make what you want to be reality come true.

I don't have any problem with having bullish intentions, because as you likely pointed out several times, I am a bitcoin bull myself, and my investment practices and behaviors in bitcoin attempt to reflect my bitcoin bullish sentiments and beliefs.  Nonetheless, I question how much utility comes from what seems to me to be exaggerations that are likely NOT going to change the market anyhow, and could actually result in a lot of blowback when your seeming exaggerations end up NOT even coming close to coming true.

So, for me, it may be more of a personal tone matter in which I believe in having low expectations in order that it is way more likely that my expectations are going to be reached and exceeded - because I have found that if I create or follow higher expectations or exaggeration, then there is a real high likelihood that its going to end in a lot of disappointment when those exaggerations and high expectations are not reached.  

The scientific method is based on hypotheses which are educated guesses based on prior knowledge and observation.

You are getting into a different field here, and I doubt that we need to go down the "scientific method" road in order to understand what people do.  We are not scientists, but we still are easily capable of assigning various probabilities to future events and outcomes.  Some events and outcomes are highly probable and some are not, and each person is going to assign varying probabilities to various outcomes and the compounding of calculations which might involve pure guessing in some cases is likely going cause a whole hell of a lot of different views about the future, even if there is agreement on some aspects.  For example, both of us might assign a real high probability that the sun is going to come up tomorrow even if we have differing views about the dynamics that cause that.  Predicting human behavior and markets (that involve a lot of human behavior) are way more complicated, and we do not necessarily need scientific methods to attempt to employ various kinds of probability theory, even though sometimes people with scientific minds and thinking are going to have more specialized approaches, but there are a whole hell of a lot of really smart people and scientists who don't know what they fuck they are talking about in regards to bitcoin matters (even if they might have opinions about it).. hahahahahaha

Im not implying your guesses are random dart throws,

hahahahaha  good.... however, just the fact that you bring that up seems to show that you are assigning way more randomness to opinions than they likely deserve, including the opinions of yours truly.   Tongue Tongue

but the implication is we make our best guesses, based on prior knowledge and observation.

Fair enough about this point.

If you arent guessing, then you would be 100 percent certain.

There is no need to lump all aspects of knowledge into one category.  Like I attempted to describe above, there are certain categories of information that are more certain than others and even more undisputed.  Like we are going to agree about what is going to happen, so for example, if we talk about bitcoin's halvening, we can agree to a lot of aspects about it, and if we talk about how many BTCs are produced per 10 minutes and about how miners might increase or decrease their hashing power based on BTC price.  However, the more factors that we attempt to account, the harder it comes to both assign probabilities to the behavior or what kind of an impact those factors are going to have on the BTC price and even the extent to which one factor or another matters or how other people might view the event, including how much weight to give to BTC price momentum versus news versus fundamentals versus public perceptions or regulations.  

What I am trying to say is that we are going to weigh various factors differently, and even come to differing weighing of their impact on bitcoin and there will also be some guessing involved too.  Some people have access to more information, and do not have to guess as much as others about certain aspects, but still it is quite likely that no one really knows while at the same time no one is completely guessing about everything either.  By the way, some people seem to make some of their guesses/predictions based on a combination of numerology and conspiracy theories about bitcoin manipulation, and sometimes they might end up being correct, too.

Basically you might not prefer my word choice(no worries), but it is accurate based on widely accepted definitions.

There are word choices and there can also be questions about what factors are being considered and how much weight is given to factors and how much pure guessing might be going on.


As for answering your last questions. These are good questions and while I do enjoy sharing my hypothesis that the bottom is in and the bull market is upon us, I at this time am not willing to share all of the inner workings and procedures that led to this decision, so I will have to respectfully decline those questions.

That above is a real bullshit and seemingly disingenuous troll answer.  I had made questions that are so easy peasy that almost any genuine poster should have been able to at least make some kind of stab at disclosing which BTC price points or what factors caused them to arrive at their conclusion about when the bull market or "baby bull market" in this case and your terms was triggered and/or entered into.  

The fact that you don't even make any kind of reasonable attempt shows that you are either acting disingenuously (as a kind of troll), that you are a dumbass (I don't think that is the case, by the way) or that you are purely making shit up (guessing) just for the mere sake of it.

In other words, based on your already demonstration of writing and analyzing abilities (including your demonstration of your detailed trolling efforts aimed largely at roach and gembitz), it should be quite easy for you to write out something like this:

>>>>>>>>Between December 7 and December 15, I saw that the bears had put in a lot of effort to attempt to bring the BTC price down, and the best that they got on December 15 was $3,122.  Subsequently, by December 21 and December 25, the BTC price rebounded to $4,100 and $4,200 respectively.  At no later point have the bears been able to bring the BTC price down below $3,300.....blah blah blah<<<<<<

You should have easily been able to come up with some kind of plausible and seemingly genuine bullshit ideas to show that you are at least attempting to make an effort in the right direction, but instead you play the "trade secrets" phoney baloney card... Your handler told you to say something like that?  hahahahahaha


Some of my knowledge and procedures I consider to be "proprietary" for lack of a better word. Im not selling anything to anyone, but it is the fruit of my labor from 16 years of investing and trading so I will keep the sauce recipe to myself.

Oh my!!!!! I have heard this kind of nonsense before when I troll attempts to avoid answering by playing both the expertise card and the trade secrets card.  

Not believe-able.  You gotta try harder.. or actually try less hard.  Being genuine does not take a lot of effort, but when you are not genuine, your bullshit will tend to seep through, which likely shows that my time is being wasted attempting to explain some of these basic concepts to a disingenuous poster..

I will be serving that sauce though on Bear Meat to anyone who would like a sample Grin

Not convincing... after reading your previous few sentences.
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March 09, 2019, 04:19:58 AM

racist shit

I agree, these Japanese are out of control depicting Italians as dago plumbers for the last three decades.
JayJuanGee
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March 09, 2019, 04:20:53 AM

Dammit i become one of those copy/paste robot drones Roll Eyes
Twitter—>copy—-> paste Roll Eyes  

The members of the mcpeep team should form a union, and attempt to negotiate for better working conditions.  

Hardly are some of the members going to get much sympathy, when such team efforts involve El Nido travels.

On the other hand, there could be moar resentment and friction among team members who didn't get to join the El Nido, etc, trip?  Perhaps?

El Nido lays in the past almost @ bantayan island..... for team building.....

You should do Some travelling as well, give those writing fingers a break, Will do you good
Tongue

One thing at a time, micpeople, and don't be trying to impose your purported values on others by judging what is good or not good for alleged keyboard warriors.   Roll Eyes Roll Eyes

There are some people in this world who are not able to travel for a variety of reasons, so it is NOT necessarily a matter of want.  You should feel privileged that you are able to travel, presuming that you really are traveling.

On a quasi-personal note, I have tentative plans to travel starting mid-to-late this year, and such travel regularity may become nearly a full-time activity for me.  But, for now, I am continuing to wrap up some details on the geographically tied down end of things that sometimes develop the longer you live the more geographically tied down things seem to happen, and hoping that nothing really falls through this time.  

In my abilities to really geographically free myself, there continue to be a few possible sticking points that I am hoping will work out in my favor.
realr0ach
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March 09, 2019, 04:34:52 AM

precious independent woman

Spending all your time chasing women is a wasted life.  It's even worse after you catch them, then they never want to leave.
El duderino_
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March 09, 2019, 04:38:17 AM

precious independent woman

Spending all your time chasing women is a wasted life.  It's even worse after you catch them, then they never want to leave.

Good, i don’t want her to leave Wink
Arriemoller
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March 09, 2019, 05:06:16 AM

An article about Tim Draper and Bitcoin :

Starbucks Will Laugh if You Still Use Cash in 3 Years: Bitcoin Bull Draper


Great, just what I need, more condescension from the local hipster barista...



Heres one who has no more fucks to give. https://www.facebook.com/ItsGoneViralOfficial/videos/551056805386522/
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March 09, 2019, 06:02:20 AM
Merited by Findingnemo (1)

Buy Bitcoin if you are dissatisfied with your current government.

Buy Bitcoin if you don’t trust your financial system.

Buy Bitcoin if you believe in freedom.

Bitcoin is a vote for you.

https://twitter.com/danheld/status/1104031575644258305?s=21
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March 09, 2019, 06:07:04 AM

Dammit i become one of those copy/paste robot drones Roll Eyes
Twitter—>copy—-> paste Roll Eyes  

The members of the mcpeep team should form a union, and attempt to negotiate for better working conditions.  

Hardly are some of the members going to get much sympathy, when such team efforts involve El Nido travels.

On the other hand, there could be moar resentment and friction among team members who didn't get to join the El Nido, etc, trip?  Perhaps?

El Nido lays in the past almost @ bantayan island..... for team building.....

You should do Some travelling as well, give those writing fingers a break, Will do you good
Tongue

One thing at a time, micpeople, and don't be trying to impose your purported values on others by judging what is good or not good for alleged keyboard warriors.   Roll Eyes Roll Eyes

There are some people in this world who are not able to travel for a variety of reasons, so it is NOT necessarily a matter of want.  You should feel privileged that you are able to travel, presuming that you really are traveling.

On a quasi-personal note, I have tentative plans to travel starting mid-to-late this year, and such travel regularity may become nearly a full-time activity for me.  But, for now, I am continuing to wrap up some details on the geographically tied down end of things that sometimes develop the longer you live the more geographically tied down things seem to happen, and hoping that nothing really falls through this time.  

In my abilities to really geographically free myself, there continue to be a few possible sticking points that I am hoping will work out in my favor.

Good you go on a holiday..... you may be a keyboard warrior, but i sense holiday Will be needed as probably a NEW keyboard Roll Eyes
And it true, if one can travell he must feel very priveleged cause its one of the most beautyfull and pleasant things to do
So i feel very lucky every time when i travell (on behalve of pleasure) Smiley
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March 09, 2019, 06:09:54 AM

84 days into the new Baby Bull Market and all is well.  Cheesy Each day he gets a little stronger.

https://www.youtube.com/watch?v=_HolpTkQBSo
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March 09, 2019, 06:41:24 AM

Buy Bitcoin if you are dissatisfied with your current government.

Buy Bitcoin if you don’t trust your financial system.

Buy Bitcoin if you believe in freedom.

Bitcoin is a vote for you.

https://twitter.com/danheld/status/1104031575644258305?s=21

Got it sir!

El duderino_
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March 09, 2019, 06:51:53 AM

Buy Bitcoin if you are dissatisfied with your current government.

Buy Bitcoin if you don’t trust your financial system.

Buy Bitcoin if you believe in freedom.

Bitcoin is a vote for you.

https://twitter.com/danheld/status/1104031575644258305?s=21

Got it sir!



Good Then start buying ASAP  Tongue  (btw i did found Some nemo’s last days in the water Roll Eyes )
El duderino_
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March 09, 2019, 06:56:50 AM

Fuel Some Rockets and load Some dildo’s

Thank in advance you’re very own MOONboy micg
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March 09, 2019, 07:20:23 AM

Fuel Some Rockets and load Some dildo’s

Thank in advance you’re very own MOONboy micg
dildos on rocket. Roll Eyes

I don't want the moon,now its time to reach mars.$100K Grin
Good Then start buying ASAP  Tongue  (btw i did found Some nemo’s last days in the water Roll Eyes )
But now you can find me on the blockchain network. Grin
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March 09, 2019, 07:21:02 AM

Buy Bitcoin physical metals if you are dissatisfied with your current government because because bitcoin is a designed to centralize, non-fungible, permissioned ledger, govt tracking and control system.

Buy Bitcoin physical metals if you don’t trust your financial system because transaction validators in bitcoin are designed to centralize right into the hands of those same people.

Buy Bitcoin physical metals if you believe in freedom because people have known for about 5000 years now it's the only monetary instrument that actually facilitates freedom.

Bitcoin Physical metals are a vote for you.
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March 09, 2019, 08:23:45 AM

20 years of price changes in the United States...

Notice how government subsidized industries are the most expensive? 😮


College tuition in Belgium

Quote
Tuition fees at public universities and colleges in the French Community of Belgium are set by the regional government. For the academic year 2015/2016, tuition fees ranged from 374 to 836.96 EUR per year for EU students depending on their income and whether they are eligible for a grant/scholarship.

There are other reasons.  Don’t blame it on government subsidies
I'm in Europe and University has gone to shit here. The Bachelor/Master system is a complete downgrade and utter disgrace from what we had before in a country undisclosed. University is now school round two instead of being an institution that fosters research and critical thinking (in non-research students - which make up the majority of the student body). I was appalled at how cookie cutter Mathematics and Physics programs are and surprised at the resulting quality of graduates (before I realized the problem).

Also, thanks to university "being" (appearing) free, people who can't normally afford it are taking up bullshit recreational courses that don't produce any value in the Economy. I don't have anything against those and am interested in some of the topics myself. But when people get fooled into believing that they can study anything and get a job there's a problem. And when it's "free" they are ridden of any incentive to think about the implications of their actions.

I totally agree with you, especially regarding the The Bachelor/Master system.
But I also think that the government more or less pushing everybody in to university studies is to blame, it's become more like high school than university, with some exceptions.,When I studied in the late 80s early 90s it was still a bit special to study at a university, today it seems more or less mandatory.

The last point is also quite interesting. It really does seem as if a degree was mandatory.

But in reality, any self-driven and somewhat disciplined person would be able to learn much more by just not going to university and focusing on their profession of choice. University takes up too much time on mundane repetitive nonsense that doesn't teach you anything of value and takes time away from building a portfolio of work, while simultaneously driving most students into just blatantly copying assignments without learning anything.


When I was teaching I had to give classes and correct assignments, and 70% of them were identical (including spelling and grammatical errors).

As a job it was nice, because I'd have one pile of assignments where I marked the first one and then only copied off the final points, without any notes. That resulted in an hourly wage of over 60 Euros.

But when thinking about the implications for society that's just sad.


Which doesn't mean that University (even in it's current state) has no place at all, as anyone who needs someone or something to kick their asses to be productive can still benefit from them. But in most cases they just exacerbate the underlying problem that starts in elementary school. Namely turning curious and motivated kids into retarded unmotivated copy/paste drones.

Seems like being a teacher at American universities isn't very lucrative (this guy is also my favorite you tuber). https://www.youtube.com/watch?v=s7lGCPX_8nc
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March 09, 2019, 08:41:11 AM

Not sure if Mic already posted this, but:

Colorado's new Digital Tokens Act exempts cryptos from securities laws

https://twitter.com/Chepicap/status/1104067256391213058





Not going to post the direct link to the news in the Tweet because those fucking twats only show an "accept all cookies" button.
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March 09, 2019, 08:49:07 AM
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@VB1001 - When I started buying £100 bought nearly 1 whole bitcoin. Fast forward 5 years & imagine if we see that % increase in price in another 5 years. This is why you should never doubt yourself buying smaller amounts.

£100 worth of BTC now could be worth a shit load in 5 years. As I always say buy what you can afford to when you can afford to now & enjoy the profits in the future.

One day my friend all the patience will be rewarded.

I mentioned this several times before too.  I had some cash flow issues in 2015, and frequently in 2015, I would buy small amounts on a daily basis, even below $5 worth, just to stack away my buy for the day and some of those buys really added up... just imagine $30 would get you well over .1BTC.

  I know that currently some places will not allow you to make such low purchases, but I was able to make many low purchase amounts in 2015, and my point is that low amounts of purchases can add up and their value can become quite a lot more with the passage of time, too. 

hashtag Stacking satoshis.    Cheesy Cheesy Cheesy


But I agree with you, the small contributions to BTC over time add up.

(I have my friend Maine Coon hospitalized for severe kidney failure, the vet bills are altering my cash flow, luckily he is recovering and is at home.)
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March 09, 2019, 08:49:27 AM

Seems like being a teacher at American universities isn't very lucrative (this guy is also my favorite you tuber). https://www.youtube.com/watch?v=s7lGCPX_8nc
Neither is it in Europe. Normal teachers earn some 2k Euros a month. And tenured university professors earn much more, but also only 80k Euros per year. Laughable if you consider their training and the fact that they pioneered the majority of cures and technologies.

Going to put the video on my evening playlist, looks interesting.
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March 09, 2019, 08:55:08 AM

Good morning WO,s

I see that tonight has failed some engine of the rocket, but it is already working.

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