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

[LFC_Bitcoin]

This fools’ rally has set us back for at least another year.

[MrFreeRoMan]

This fools’ rally has set us back for at least another year.

via Imgflip GIF Maker

[realr0ach]

If JayJuanGee & Micgoossens are at the scene, what else could you call it besides a fool's rally?

[fragout]

Action to the upside or downside within the next few hours

[kingcolex]

This fools’ rally has set us back for at least another year.

Whatchu on about? You still think the bottoms not in? REALLY?

[gentlemand]

Bitfinex claim their wee sale is complete and they're whole again. They say the majority was raised from Ifinex, um, so perhaps it's now only 10% backed or something.

https://twitter.com/paoloardoino/status/1127839301218254851

They will still be here after we've evolved into brains in jars and departed the solar system.

[serveria.com]

Action to the upside or downside within the next few hours

If you haven't realized it yet we are going up already. Slow but steady. No sideways man.

[HairyMaclairy]

Loud and proud

[Wekkel]

This fools’ rally has set us back for at least another year.

Whatchu on about? You still think the bottoms not in? REALLY?

The move is going too fast. It will break if not already the case. Buyers will be wondering where their $100k Bitcoin is. Delusion and sorrow will spread. Price will be sideways and choppy for months/a year. No one will touch the Bitcoin for considerable time. At least, not the masses who’s influx should bring us towards $100k.

Or do you think moms and pops are buying into and causing the current rally?

Someone is continuously off loading coins, big time  
Suckers’ rally.

[HairyMaclairy]

Look at the chart above your post.  We are only 5 months ahead of schedule right now.  We should be hitting this price in November 2019 in any event.  Do you really think that this is a big deal?

[_javier_]

This fools’ rally has set us back for at least another year.

Whatchu on about? You still think the bottoms not in? REALLY?

The move is going too fast. It will break if not already the case. Buyers will be wondering where their $100k Bitcoin is. Delusion and sorrow will spread. Price will be sideways and choppy for months/a year. No one will touch the Bitcoin for considerable time. At least, not the masses who’s influx should bring us towards $100k.

Or do you think moms and pops are buying into and causing the current rally?

Someone is continuously off loading coins, big time  
Suckers’ rally.

The rally from 4k to 7k is obviously NOT caused by retail (moms and pops, as you say). Who said so??

I see the other way.. Someone is continuously buying large chunks of coins. Someone knows something and its making his position.

Manipulation? Of course, its their money. They wont ask for permission to buy.

[LFC_Bitcoin]

If JayJuanGee & Micgoossens are at the scene, what else could you call it besides a fool's rally?

Natural price increase as we approach 12 months from the halving. The same kind of cycle we see every single time with bitcoin, thus far.

[JayJuanGee]

Its now Monday in most of the world, voting day here in the PI (no alcohol for sale all day boo....), but I have a new haiku anyway:

Yay, a new laptop!
Can thank BTC for that.
Goodbye phone posting!

Good, which  one did you buy

Its a HP ProBook, thanks for asking. Not very glamorous but it will get the job done!

They put a 70% tax on imported electrical goods here, and since they don't make their own computers, its really a bitch to find a decent laptop at a reasonable price. Don't know why they do that -- its like they are making it harder for their own people to be technologically competitive. Its really hard to find a job online if you are trying to make a resume on your cell phone.

They have 1 cell phone manufacturer, called MyPhone, and while the name sounds a bit cheesy I bought my girlfriend one of their tablets over a year ago for $60 and it still works great. It really was life changing for her. I would buy their brand laptop if they made one.

From what you are saying it seems that it might be better to bring your own things there.  I have gotten kind of spoiled, recently with having mobility, but also having an external monitor... maybe it is not very practical to have an external monitor if you are traveling?  especially anything like 25 inches or larger?

[toknormal]

Taking off again.

[fragout]

Action to the upside or downside within the next few hours

Your welcome

[JayJuanGee]

If JayJuanGee & Micgoossens are at the scene, what else could you call it besides a fool's rally?

perhaps, you could call it "getting roached," especially if some folks might be considering staying a no coiner, even under these market conditions?

[toknormal]

Action to the upside or downside within the next few hours

I think we already bust out of your little triangle. The problem is that there is too much demand and not enough bitcoins. But if the eBay tweet turns out to be fake then expect there to be too much bitcoins and not enough demand.

[El duderino_]

Nice to see the price rising when checking it once a week only

gogogo!

Didn’t watched the price for an hour and i’m very amused

[d_eddie]

https://www.theatlantic.com/magazine/archive/2019/06/how-to-predict-the-future/588040/

(snip) The best forecasters, by contrast, view their own ideas as hypotheses in need of testing. If they make a bet and lose, they embrace the logic of a loss just as they would the reinforcement of a win. This is called, in a word, learning.

QFT and merited.

In other words: If you practice SOMA, keep your rectum elastic.

[serveria.com]

Action to the upside or downside within the next few hours

I think we already bust out of your little triangle. The problem is that there is too much demand and not enough bitcoins. But if the eBay tweet turns out to be fake then expect there to be too much bitcoins and not enough demand.

Ebay=paypal. They hardly will let BTC ruin Paypal's biz.