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

[Last of the V8s]

This is exactly the pull back I was expecting last night, I'm not feeling another pullback so I'm back into btc for the daytrade holdings. Not sure which way we go but I'm expecting 8,100 and a settling around there for a day or two.

*This is all from my ass, no TA just as likely.

Sorry I doubted your ass for one moment.

[rebal15]

Hey guys, have you seen rebal15, I'm kinda worried.

He is on bitfinex when he is not working. Nothing to do on WO when the market is green.

He must like losing money...

Just sold everything with some lost.
Now moving to bittrex to sell some shitcoin (3 shitcoin).

[d_eddie]

This is exactly the pull back I was expecting last night, I'm not feeling another pullback so I'm back into btc for the daytrade holdings.

This could be it, but it needs to hold here (below 8k) for a couple of days before it gains credibility as a real pullback as opposed to a random hiccup.

*This is all from my ass, no TA just as likely.

Seems like you and I are using the same technique 

[d_eddie]

Next bottom is found:

I get me one of these when we hit 100k

I get me one of these and one of V8's.

[realr0ach]

what if adoption is releasing a LOT of this selling pressure?

Did you not read what I said?  If price was to skyrocket (and actually stay there and not instantly implode) it also requires mining to skyrocket as well.  If people are currently mining for $2k, $3k, $4k and the price 'only' went to $50k, you'd basically need mining to go up by an entire order of magnitude and it would use more power than the entire US.  Do you think such a thing is actually going to happen?  You would need LOTS more halvings before bitcoin could go anywhere near numbers you people claim without instantly causing some type of global energy crisis.

If Bitcoin is a US govt invention whose main purpose is to try and place people into a cashless society slavery system where everything is tracked and monitored, they probably realized this and tried (and failed) to force people into bullshit like Ethereum instead which doesn't face these immediate energy issues (but instead has numerous of it's own unworkable issues).  Anyway, fuckem all.  The central planner kikes can all roast.  I'm in physical metals.

[Last of the V8s]

mother of dickheads
https://www.bloomberg.com/news/articles/2019-05-15/bitcoin-rally-is-masking-capital-flight-from-crypto-exchanges
daddy of truth
https://bitinfocharts.com/bitcoin/wallet/Bitfinex-coldwallet

[greensheep]

hello bitcoin people  


I have a question.  A lot of people talk about EMA  or MA,  I have found these options on Cryptowatch charts and bitcoinwisdom charts.  But how to i see the 20 or 50 day version of the trend.  hope some people can help me.

Just enter the number of days 20, 50, 100, ....

[Phil_S]

I get me one of these and one of V8's.

At the same time?

[Last of the V8s]

[realr0ach]

^Plz no flat mooners.

[d_eddie]

I get me one of these and one of V8's.

At the same time?

Not necessarily... but you did give me a nice idea, thanks Phil!

[UnDerDoG81]

Edit

[Gyrsur]

Strong the resistance is - the force calm down a bit.

[El duderino_]

^Plz no flat mooners.

Plz no r0ache’s.

[Last of the V8s]

Stop buying people it's hopeless let it just go then btfd.
Think of all the people trapped above $8k.

[Cryptotourist]

Could be refueling.

A-Level EXTRA. Small dicks only.

[JayJuanGee]

Damn, Litecoin did pop to catch up. Bullish for Bitcoin....

Isnt it funny charlie lee is selling his physical litecoin and btc coins in the collectibles section?  
I cant remember but I think he is taking bids in bitcoin.

note just checked and the bids for the lealana coins were auctioned and paid in ltc.

I understand that frequently once a person becomes publicly known, then there is a decent amount of consistency to continue to do various transactions in a public kind of way.

Anyhow, I would have presumed that Charlie has a value of wealth that at least exceeds 1,000 bitcoins, presuming that he sold a decent amount of LTC in early 2017 and may have either transferred some of that value to BTC or merely invested that sold LTC value in other properties/assets.  I would also imagine that whatever LTC he sold in early 2017 would have been at least in the thousands of LTC and more likely approaching or beyond 10k LTC territory... so even though I am talking a bit from a speculative angle, I cannot imagine why there would be any real urgency to engage in public transactions of physical BTC or physical LTC - except that public peeps want to engage in public acts for the sake of publicity?

[Cryptotourist]

Hey guys, have you seen rebal15, I'm kinda worried.

He is on bitfinex when he is not working. Nothing to do on WO when the market is green.

He must like losing money...

Just sold everything with some lost.
Now moving to bittrex to sell some shitcoin (3 shitcoin).

Sorry to hear that rebal.

But yes! There are two!!!

[JayJuanGee]

TD Ameritrade Exec: tens of thousands of our clients are interested in crypto.

We get calls, emails, 60,000 clients have traded something in this complex,” Steven Quirk, TD Ameritrade executive vice president, remarked during a panel at CoinDesk’s Consensus 2019. As Quirk said later: “As soon as you open the door, you’re going to get a lot of people” looking to participate in the market.

https://www.coindesk.com/td-ameritrade-exec-tens-of-thousands-of-our-clients-are-interested-in-crypto

Some of the financial institutions that do not want to get into bitcoin (or "crypto" as mainstream wants to characterize the related sector) are likely going to have to create obstacles if they want to keep out either institutional or retail investors.

In other words, like the above-linked article seems to describe, financial institutions are likely to be flooded with interest in bitcoin or "crypto-related" or whatever financial instrument that is offered in the coming years... If financial institutions want to keep peeps from investing, they will have to fight them away. hahahahaaha

[VB1001]

Bitcoin’s Security is Fine

Fears over the declining block reward are overblown

https://blog.picks.co/bitcoins-security-is-fine-93391d9b61a8