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Question: What happens first:
$65,000 - 59 (86.8%)
$48,000 - 9 (13.2%)
Total Voters: 68

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26330654 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 1 users with 9 merit deleted.)
Last of the V8s
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April 02, 2019, 10:02:18 PM

https://twitter.com/BraveTheWorld/status/1113092339684249601
I like Bitcoin because you can't utilize it for socialism.
"just give everyone a btc"
"that means you'd have to take btc away from others"
"so what"
"morality aside...that would be very hard. impossible without severe violence"
"ok just make more"
"you can't make more"
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April 02, 2019, 10:04:08 PM

What line did you draw? The daily 200 SMA is at 4600 ...

Your probably looking at a simple moving average and what I was showing is a smoothed moving average..that is all. I apologize for any confusion.


How is that calculated that it deviates that much from normal simple moving average?

Why do you use it instead of simple moving average?

Edit:

I looked it up: https://www.tradeforextrading.com/index.php/movingaverage/sma-ema-lwma

Quote
The SMMA is not commonly used

So only the question remains why you prefer smma over sma?
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April 02, 2019, 10:13:54 PM

If Bitcoin stable next some time so recovery others token and coin soon. Tottal bitcoin market is now 'Red' a few pumping soon.
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April 02, 2019, 10:15:09 PM

Is this the calm after the storm now? I wouldn’t mind a period of 3-4 months in this range. Low volatility is good for bitcoin. Average Joe doesn’t want to buy when the price is up & down like a yoyo.

I’d be cool with low volatility until June/July or something before the next leg up to $ 6,000 or something.

Anybody agree?

You might want it, but bitcoin no don't work like dat.  Sorry to break the newses to you, oldtimer...     Tongue Tongue Tongue

Cheesy Cheesy Cheesy  

Is this the calm after the storm now? I wouldn’t mind a period of 3-4 months in this range. Low volatility is good for bitcoin. Average Joe doesn’t want to buy when the price is up & down like a yoyo.

I’d be cool with low volatility until June/July or something before the next leg up to $ 6,000 or something.

Anybody agree?

I do.

It's too soon for FOMO. We need consolidation. That's only achieved with TIME.

Yeah, but it is not going to happen in a flat and/or gradual kind of way... like I mentioned.. bitcoin no b workin like dat.   Wink
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April 02, 2019, 10:21:39 PM

I'd like to see a survey on the subject. I wonder how many people think the bullran has already started?





The bull season started on 19 January 2019.  It just takes awhile for the news to get out.
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April 02, 2019, 10:26:37 PM

When page parity?

Dunno.

I'm shooting for post count parity some time in 2024.

Whoaza, jbreher... that is a pretty damned conservative timeline, but hey I don't have any problem(s) with either conservative thinking or preparing for conservative outcomes.

I’m shooting for views parity in 2033.
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April 02, 2019, 10:27:37 PM



I know which of those two assets I’d rather have

Fucking heavy to lug that shit around... especially if traveling.  My bones are hurting already, just thinking about it.
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April 02, 2019, 10:29:04 PM
Last edit: April 02, 2019, 11:30:18 PM by Last of the V8s

post count 466,581
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for the record

5x seems a little conservative...
oh wait will go up huh jjg? lol
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April 02, 2019, 10:29:52 PM



I know which of those two assets I’d rather have

Fucking heavy to lug that shit around... especially if traveling.  My bones are hurting already, just thinking about it.

That’s why you have a PA
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April 02, 2019, 10:34:35 PM

Fuck your stupid-ass charts.  I am going to assert (without charts) that the next resistance is in the $6,200 to $6,500 arena (I know it is a broad range, but I can do what I like)... and I believe it will be difficult to get above that without a battle or at least some kind of meaningful correction.. but what the fuck do I know?    Cheesy Cheesy Cheesy

At least he stopped posting bcash charts.

I don't have any problems with him as long as he doesn't promote bcash here.

He has the right to be bearish.

I win whether if it is bearish or bullish. I got bets on either side.

If it goes down below $3k tomorrow all I'm gonna see more future profits. Being a bear is part of the game too.

Fair enough.  Guilty as charged. 

I admit that you caught me exaggerating a bit, there in terms of attempting to negate  alevlaslo's assertions, there.

Nonetheless, I do still stick by my positive assertions to the extent that they are materially different from what  alevlaslo was saying.
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April 02, 2019, 10:43:50 PM
Merited by mindrust (2)

I win whether if it is bearish or bullish. I got bets on either side.

If it goes down below $3k tomorrow all I'm gonna see more future profits. Being a bear is part of the game too.

this is called a hedge trade. a hedge trade is usefull to protect against losses.

but you have to cancel the hedge trade before you can make profit.  Grin

That assertion only makes marginal sense, Gyrsur.

Surely, short term, the value of your total BTC/fiat holdings will drop substantially if the price drops by 50% or more, but that should not prevent you from having a strategy that largely accumulates BTC by buying on dips and HODLing rather than selling.

I understand that short-term, you can feel a lot of hurt when the value of your total BTC portfolio is down because of a sudden BTC price drop, but that should not inspire non-sophisticated (even sophisticated) folks to try to play around wiht the bitcoin fire in an attempt to play both ends, when historically, an accumulation and HODL strategy has been more than adequate to build a decent amount of overall wealth - and likely to continue into the foreseeable future.
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April 02, 2019, 10:48:07 PM
Merited by JimboToronto (1)

I'd like to see a survey on the subject. I wonder how many people think the bullran has already started?


What is crypto?  We're in a bitcoin thread, here.
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April 02, 2019, 10:48:21 PM

Fucking LTC up $10 since I dumped for taxes.

HOPE YOU ARE HAPPY, IRS ! It's all going to you anyway.

Taxation is theft.
This happens every time I sell some coins. Coincidence?
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April 02, 2019, 10:52:10 PM

pit pat piffy wing wong wang

O.k...   Fine.


Sometimes, it takes me time to feel that I am starting to "get it."
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April 02, 2019, 10:57:57 PM

What line did you draw? The daily 200 SMA is at 4600 ...

Your probably looking at a simple moving average and what I was showing is a smoothed moving average..that is all. I apologize for any confusion.


How is that calculated that it deviates that much from normal simple moving average?

Why do you use it instead of simple moving average?

Edit:

I looked it up: https://www.tradeforextrading.com/index.php/movingaverage/sma-ema-lwma

Quote
The SMMA is not commonly used

So only the question remains why you prefer smma over sma?


Without getting to technical simply because it takes into account recent prices as well as the trailing averages into the plot. I tend not to rely on any one indicator..rather I prefer using as many as possible..dozens really. Then build your own interpretation of what your seeing to make something unique. The smma if you will..goes particularly well with the schiff fork on that chart I thought. Just because something is obscure or possibly abstract does not mean it cant spark your imagination. And thats what its really all about right? Something to be excited about..something to bring visions of a brighter future. Where you are empowered with personal financial responsibility and freedom...where you have control and maintain consent over all your online data. That is the future I dream of and will advocate for until my last breath.

*steps down off soapbox


Err..sorry about that...its Tuesday cant you see?
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April 02, 2019, 11:00:57 PM



I know which of those two assets I’d rather have
Same. Pretty obvious.

I'd take the gold bar so I could melt it, short it, and then buy some Bitcoin.
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April 02, 2019, 11:05:24 PM

Thanks Toxic!
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April 02, 2019, 11:12:46 PM

via Imgflip Meme Generator
Last of the V8s
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April 02, 2019, 11:15:10 PM

need a taller screen Grin
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April 02, 2019, 11:19:35 PM

4914!
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