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

[infofront]

Good morning all.

A surprise counter-offensive by the Bears has allied forces reeling back on their heels. Strong support developing in the $5k range is giving our troops a fighting chance but overall moral is crumbling. A pull back to previous levels seems all most certain at this point.

As the Bulls retreat and gather up in that classic herd mentality, some say all hope is not yet lost. Rumors of the deployment of a top secret weapon later today continue to swirl around the compound. Stay tuned for further updates as they become available.

And now back to your regularly scheduled program.

Even though large tracts of Europe and many old and famous States have fallen or may fall into the grip of the bears and all the odious apparatus of banker rule, we shall not flag or fail. We shall go on to the end. We shall fight in bitstamp, we shall fight on the forums and exchanges, we shall fight with growing confidence and growing strength in the air, we shall defend our bitcoin, whatever the cost may be. We shall fight on the beaches, we shall fight on tradingview, we shall fight on twitter and in reddit, we shall fight in bitcointalk; we shall never surrender, and if, which I do not for a moment believe, bitcoin were to fall below $3,000, then our Bitcoin Empire beyond the seas, armed and guarded by the bulls, would carry on the struggle, until, in God's good time, the bulls and moonboys, with all their power and might, step forth to the rescue of the price of bitcoin.

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[Raja_MBZ]

I still think that bitcoin is currently trying to follow the following model, with a few changes (in values):

I've got a feeling that bitcoin is in the mood of making alts super-rekt and getting an increase in overall market dominance, by first dumping again (to somewhat like ~$4400) and then pumping again (to somewhat like ~$5100).

...and yes, I'm still waiting for this order to fill up, hopefully (or maybe pessimistically?), any hour now:

Next 6 hours are critical. Bears are constantly trying to break the ~$5000 support, and I've got a bad feeling that they'll succeed in the current 6-hour candle.

[BitcoinGirl.Club]

Next 6 hours are critical. Bears are constantly trying to break the ~$5000 support, and I've got a bad feeling that they'll succeed in the current 6-hour candle.

I hate the bear.

[El duderino_]

Good evening WO!
How are we doing?

Nothing to crazy, hellboy in a few hours

[Raja_MBZ]

Next 6 hours are critical. Bears are constantly trying to break the ~$5000 support, and I've got a bad feeling that they'll succeed in the current 6-hour candle.

I hate the bear.

New lows? I don't think so... That guy seems way too bearish on bitcoin at this point.

[BitcoinGirl.Club]

Next 6 hours are critical. Bears are constantly trying to break the ~$5000 support, and I've got a bad feeling that they'll succeed in the current 6-hour candle.

I hate the bear.

New lows? I don't think so... That guy seems way too bearish on bitcoin at this point.

May be you want to ask the guy. Here: https://twitter.com/CryptoLeos/status/1116384467529150465/photo/1

[BitcoinGirl.Club]

Nothing to crazy, hellboy in a few hours

You mean the movie?

I hope bitcoins stay above $5k

[El duderino_]

Nothing to crazy, hellboy in a few hours

You mean the movie?

I hope bitcoins stay above $5k

Yeah the movie

BTC = stay in hodeybadger mode!

[Danslip]

Will old resistance become new support? Looks interesting

[kenzawak]

Today is National Pet Day 

[jbreher]

Stamp is the recognized WO datum of record.

You have to pick something or else price discussions become meaningless. And Stamp is the least bullshit exchange.

jbreher is big on disambiguation, I'm sure he'll understand. 

Yeah, I get the point. However, the micro price on stamp is irrelevant to my activity on Coinbase. I was clearly speaking about Coinbase, when JJG felt the need to counsel me on the use of stamp. Irrelevant. (Why does everything I post here get twisted into a referendum on something else entirely?)

In tangentially-related matters, I am becoming disillusioned with Coinbase as of late. I already have accounts on most of the old-guard exchanges as well, which are no more satisfying. Anyone care to name a favorite? Criteria include:
Accessible from US (but don't care about NY BitLicense)
Secure
Low fees for market makers
Bigly Deposit/Withdrawal limits - both fiat and crypto
Insurance a plus - as long as it is underwritten by real insurers
Don't much mind having to do the KYC dance. I mean, I mind it on philosophical grounds, but am prepared to do so.

[LFC_Bitcoin]

Good evening WO!
How are we doing?

Good!
Trying to figure out if I should buy again now or wait until the morning. Got a feeling we’re going to go down again so I might sleep on it & buy when the price is, as I think it will be, cheaper.

[BitcoinGirl.Club]

Will old resistance become new support? Looks interesting

Well I like it

[jbreher]

They would do this to Satoshi if they could, but they cant

Or maybe they did.

At least I'm 100% sure they know his real name.

If Gavin knew it, he would definitely spill it. 

Based on what? His willingness to divulge the arcane secrets hidden within open source code to the CIA?

[Danslip]

Good evening WO!
How are we doing?

Good!
Trying to figure out if I should buy again now or wait until the morning. Got a feeling we’re going to go down again so I might sleep on it & buy when the price is, as I think it will be, cheaper.

IMHO it will go deeper and deeper,better wait for reversal in order to catch nice entry point.

[BitcoinGirl.Club]

Good!
Trying to figure out if I should buy again now or wait until the morning. Got a feeling we’re going to go down again so I might sleep on it & buy when the price is, as I think it will be, cheaper.

I don't recommend you to hear me however if I was you then I would just buy. +/- few hundreds do not matter when we are in the mood of long holding.

[BitcoinGirl.Club]

Nothing to crazy, hellboy in a few hours

You mean the movie?

I hope bitcoins stay above $5k

Yeah the movie

BTC = stay in hodeybadger mode!

Have fun brother.
I was watching goosebumps earlier today both 1 & 2 with the kids LOL

[infofront]

Stamp is the recognized WO datum of record.

You have to pick something or else price discussions become meaningless. And Stamp is the least bullshit exchange.

jbreher is big on disambiguation, I'm sure he'll understand.  

Yeah, I get the point. However, the micro price on stamp is irrelevant to my activity on Coinbase. I was clearly speaking about Coinbase, when JJG felt the need to counsel me on the use of stamp. Irrelevant. (Why does everything I post here get twisted into a referendum on something else entirely?)

In tangentially-related matters, I am becoming disillusioned with Coinbase as of late. I already have accounts on most of the old-guard exchanges as well, which are no more satisfying. Anyone care to name a favorite? Criteria include:
Accessible from US (but don't care about NY BitLicense)
Secure
Low fees for market makers
Bigly Deposit/Withdrawal limits - both fiat and crypto
Insurance a plus - as long as it is underwritten by real insurers
Don't much mind having to do the KYC dance. I mean, I mind it on philosophical grounds, but am prepared to do so.

I've been using Gemini. They're the most legit exchange on the planet, from I found last year. They're insured, highly solvent, relatively transparent, don't engage in wash trading and market manipulation, etc.
Downsides: high fees and lower liquidity than some of the other big exchanges (who fake their volume)

[jbreher]

At the risk of waxing political, I learned from my accountant guy, overnight, that the majority of my tax obligations for 2018, were due to Obama's Affordable Care Act.

PikachuSurpriseFace.png

I can't wait for The New Green Steal.

[Gyrsur]

is this the Seasteaders project wher Elwar is involved?

THE SEASTEADERS (2018) vidéo complète documentary film

We have our second video out about raising the seastead.
https://www.youtube.com/watch?v=c83TiSJ6sfA



Here's the first in case you missed it.
https://www.youtube.com/watch?v=tTXhgcXA1pM