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

[VB1001]

https://twitter.com/CasaHODL/status/1120370535991513088

BTC

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[El duderino_]

Guys... I can't help it, I am about to FOMO again. I was going to sit the fuck down and watch but I bought another $200 today.

Fuck it. Fuck Tone Vays too. I am going back to my original plan.

(From small DCA'ing (~$200-300) to medium DCA'ing. Means Min. $1k Max. $2k Puchase/month)

 

Damn I know its has nothing to do with my and others F*** that ugly haircutF*** dude posts about his very bold and un-logical predictions (not that its impossible, cause everything is possible with BTC, but just most unlikely), cause I know you way smarter on the BTC-matter as many including myself, but still never drink the FUD-koolaid of some very bold predictions and sh*t   Buy,Buy,Buuuuy and always feel good with that BUY

good you bought now eat my last Smerit

[Raja_MBZ]

Second attack on 5400?

Not going to succeed, I presume.

So would you say it is not an optimal time to 80x long?

I'm not a trader...

Yeah, I see folks talk about leverage, but I still have no idea what that is, nor how it works.

If you really want to learn about leverage, play with it at BitMEX's testnet (for free, without any deposit):

https://testnet.bitmex.com/app/trade/XBTUSD

Guys... I can't help it, I am about to FOMO again. I was going to sit the fuck down and watch but I bought another $200 today.

I'm about to FOMO again too, with my still-pending order:

Thinking of canceling it and just clicking on the effing market-buy button.

[VB1001]

You Can Now Shop With Bitcoin on Amazon Using Lightning

Bitcoin spenders can now use the lightning network to shop at e-commerce sites like Amazon.
Crypto payment processing startup Moon announced today that any lightning-enabled wallet can now also be used through Moon’s browser extension.
Before this lightning feature, roughly 250 beta users already used Moon to spend crypto on e-commerce sites by connecting the browser extension to exchange accounts like Coinbase.

https://www.coindesk.com/you-can-now-shop-with-bitcoin-on-amazon-using-lightning

Interesting. I'd like to know more about what it means to "connect[ing] the browser extension to exchange accounts like Coinbase".

Do you have a boring day?

 

[kenzawak]

Damn...

129 users who were wearing a yobit signature and had at least 1 good report against them in the last 14 days are banned for 14 days. All yobit signatures are wiped. Signatures containing "yobit.net" are banned for 60 days.

Some people were talking about neg-trusting spammers for spamming. This is not appropriate; report the posts, and if that doesn't seem to be working well, come to Meta with specific examples and suggestions.

[jbreher]

@Bob you can try Gipfy as well, its very easy there. you can trim video, add effect,text etc

I blow $700 a year on the goddamned Adobe Creative Cloud package, I figure I should learn how to properly do it in PS.

That's the thing I hate about the Adobe CC products. If you want to "lease" more than two Adobe products a year, it makes sense to me to just buy the entire fucking suite at the prices they charge.

Sheeeit.

And yet FrameMaker is still an additional upcharge.

As you say: Sheeeit.

[jbreher]

Great interview on the What Bitcoin Did podcast: https://www.whatbitcoindid.com/podcast/peter-rizuns-lightning-critique-fud-or-fair

I assume a number of you will summarily dismiss this, rushing to judgement before examining the evidence. But for the open-minded, certainly worth a listen.

I am truly looking forward to the necessitated responses from the LN-faithful. Well, to the extent that such responses be substantive. If this conversation carries forward in a respectful manner, we may all learn a thing or two.

edit: Incidentally, this has been 'Lightning Month' on What Bitcoin Did. Quite a few good installments, each focusing on a different aspect of Lightning.

https://stephanlivera.com/episode/68

Joost Jager, Lightning Network Infrastructure Engineer at Lightning Labs, joins me in this episode to talk about Lightning Loop Out and In. We also discuss some of the recent criticisms of the Lightning Network by Peter Rizun. We talk:

    How Lightning Loop helps you manage inbound liquidity, or pay with BTC on chain to get outgoing capacity on a lightning channel
    Practical uses of Lightning Loop technology
    Some of the technicals behind how Lightning Loop works e.g. hodlinvoice
    Thoughts and responses to Peter Rizun’s criticisms of the Lightning Network

Cool. Thanks. Will listen.

[LFC_Bitcoin]

Guys... I can't help it, I am about to FOMO again. I was going to sit the fuck down and watch but I bought another $200 today.

Fuck it. Fuck Tone Vays too. I am going back to my original plan.

(From small DCA'ing (~$200-300) to medium DCA'ing. Means Min. $1k Max. $2k Puchase/month)

 

I’m dry on spare fiat until Wednesday. I’d ideally like to buy at least another 4 or 5 bitcoin’s to add to my HODL stash whilst we’re still in this accumulation phase. Obviously time is running out though & it’s a race against the clock before it becomes too expensive to buy full bitcoin’s again like it was at the end of 2017.

Best advice fron me for everybody here - Buy, Buy, Buy whilst it’s still affordable. The train won’t wait for any supposed ideal time & it will leave without warning.

Fill your fucking bags whilst you can.

[kenzawak]

Anyway, back to topic... has this been posted yet ?

 Wyckoff Scenario Improving

https://cryptoiq.co/bitcoin-btc-wyckoff-scenario-improving/

[rebal15]

Morningzzz!

JJG is up & the kernel upgrade is looking great.

r0achie is also up from the basement, looking sex deprived as usual, having successfully completed a two week wank-all-you-can marathon.

rebal15..., well you know I'm a fan.

Another paid shill who knows nothing. Paid shill are people paid to do or say something even it has no sense and can't questioning. I think WO is a not for BTC business. paid shills, go to street to promote BTC even it is possible you are not investing in BTC.

Just why are you in this WO-mix?? You obviously not a BTC, just another F*** that doesn't know anything about BTC, doesn't own BTC, very very maybe a few super sh*t-alts @its best, so why bothering yourself with being here, as you can just play a video game, watch some tv or taking a walk outside the house or whatever, but the BIG ? ....... why being here

It what happens when you sell the dip and not got the balls to buy back

Another paid shill who think he knows what people are doing. Do you have access to people's account? Or do you work for bitfinex?

[mindrust]

Guys... I can't help it, I am about to FOMO again. I was going to sit the fuck down and watch but I bought another $200 today.

Fuck it. Fuck Tone Vays too. I am going back to my original plan.

(From small DCA'ing (~$200-300) to medium DCA'ing. Means Min. $1k Max. $2k Puchase/month)

 

Damn I know its has nothing to do with my and others F*** that ugly haircutF*** dude posts about his very bold and un-logical predictions (not that its impossible, cause everything is possible with BTC, but just most unlikely), cause I know you way smarter on the BTC-matter as many including myself, but still never drink the FUD-koolaid of some very bold predictions and sh*t  Buy,Buy,Buuuuy and always feel good with that BUY

good you bought now eat my last Smerit

If you had told me in 2014 that I was going to spend nearly $20k on bitcoins I would have replied you with a middle finger and a "fuck off".

Yet here I am.

I'll probably want to kill myself for not going all in now or when it was $3k like how I didn't do the same when it was $500.

But right now, I am willing to take the beating. I mean, It can really damage my mental health.   (Both buying and not buying)

[Raja_MBZ]

https://twitter.com/Xentagz/status/1120388069750923265

[jbreher]

You Can Now Shop With Bitcoin on Amazon Using Lightning

Bitcoin spenders can now use the lightning network to shop at e-commerce sites like Amazon.
Crypto payment processing startup Moon announced today that any lightning-enabled wallet can now also be used through Moon’s browser extension.
Before this lightning feature, roughly 250 beta users already used Moon to spend crypto on e-commerce sites by connecting the browser extension to exchange accounts like Coinbase.

https://www.coindesk.com/you-can-now-shop-with-bitcoin-on-amazon-using-lightning

Interesting. I'd like to know more about what it means to "connect[ing] the browser extension to exchange accounts like Coinbase".

Do you have a boring day?

NO - may days are invariably full, with interesting things I'll never be able to get to due to time constraints.

Maybe the subtext was not obvious. Are you entrusting the provider with your login credentials or buy/sell API access, or other possible exit scam vector?

Incidentally, purse.io has been providing the ability to use crypto on amazon since years. They also provide a substantial discount off amazon's lowest prices. Interesting business model. They match your order with someone that wants to acquire crypto, and make it a three-way transaction. They take both BTC and BCH.

[DeathAngel]

https://twitter.com/Xentagz/status/1120388069750923265

Good luck moving that gold across a country/border via a flight. I know which asset I choose.

[jbreher]

Oh. Hello, $5400.

[DeathAngel]

Oh. Hello, $5400.

Sheeeeiiiiitttt

This is playing out perfectly you know, almost identical to the last cycle. We’re going to be very happy in approx 2021.

[jackbauercsgo]

Anyway, back to topic... has this been posted yet ?

 Wyckoff Scenario Improving

https://cryptoiq.co/bitcoin-btc-wyckoff-scenario-improving/

I rarely post here as I'm more active in niche areas of the site, however Wyckoff theory is something I particularly enjoy.  I wanted to point out a couple of reasons why I do *not* think we are undergoing this particular schematic.  The first thing worth noting is that Wychoff schematics are very much about horizontal support and resistance points.  These interactions are key to each phase, A-E.  You can quickly see that many of the anticipated breaks to higher highs or lower lows OR the retests of key lines in phases A,B,C simply did not occur.  Additionally, the "SOS" flag looking thing in phase E is meant to show the market is able to consolidate just above what had historically acted as a rejection line or key resistance line.  You can see this example in the schematic where the upper horizontal resistance line is touched 3 or 4 times before it's broken, and the market sits on top consolidating (showing it is properly accumulated and ready to mark up).  In our real life scenario, no such break/consolidation period has taken place, at least not just above a previous strong resistance line.  Instead, it jumped an entire $1k before beginning its consolidation period.

Please note, I'm not saying BTC didn't undergo accumulation, I'm simply saying this schematic does not fit.  Some of it sorta/kinda does if you turn your head just right, but the essance of what wyckoff is trying to show does not appear in our sub $5k range.  That being said, there are all sorts of other bottoms/reversal patterns that are appropriate with what we've seen, such as the famous "bump and run" schematic.

Lastly, the 2015 bear market bottom was a *picture perfect* textbook wyckoff accumulation schematic #1.  If you compare the schematic to the actual chart, you'll see they are basically identical.  This time, for the 2018 bear market, you really have to try hard to make it mentally fit and that's just not how wyckoff works.

Anyway, cheers. Hope that helps some of you in your wyckoff studies.

[Phil_S]

Good luck moving that gold across a country/border via a flight. I know which asset I choose.

But where will you hide it?

[LFC_Bitcoin]

[Arriemoller]

~snip~

Thank you very much.

I'm currently reading a book by a Swedish archaeologist who is comparing bronze age Swedish religion with vedic and other indo european religions. He's especially looking into old Nordic sites with remnants of burnt stones and other sites that would suggest fire offerings and comparing them to Vedic/Hindu fire altars. He's working from the theory that the religions were pretty close at that time, ca 1500 bc. One of the most famous bronze age artifacts from that time is the sun wagon from Denmark. https://en.wikipedia.org/wiki/Trundholm_sun_chariot
It is obviously the old nordic equivalent of suraya, so I am kind of looking for something similar in Vedic/Hindu tradition.

Your welcome bhai.

this one looks interesting, please drop that archaeologist's name. will look into his-her work as well.  and sun was considered very sacred almost in every ancient religion so not very surprising if there are some major or small similarities between different ancient religions.



I think there is consensus among scholars nowadays that the indeuropean religions have a common origin in the religion of the jamna/yamna culture that populated euroasia some 3500-2500 years ago.

The authors name is Anders Kaliff, the books name is "Källan på botten av tidens brunn" (The spring at the bottom of the well of time, with the under title "indoeuropean roots to proto Norse religion"). I don,t think it's available in English, but some of his other books and papers are. https://www.amazon.co.uk/Books-Anders-Kaliff/s?rh=n%3A266239%2Cp_27%3AAnders+Kaliff