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

[kingcolex]

is McAfee enthusiastic about to save his dick soon because of the rally. or about to reveal SN in about one and a half hour.

playing the harp like a boozy dog! 

https://twitter.com/Thefotoking/status/1088703841007091712

He has no fucking clue who Satoshi is. The best thing he could do is suggest it's David, that's the only way to save any face.

[1679791288]

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[1679791288]

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[1679791288]

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[1679791288]

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[jojo69]

Please stop talking shit


SInce 2011

404

downtrends not found

[kenzawak]

Pretty fun read (but fake in case you're wondering) :

https://coinjazeera.news/justin-sun-arrested-illegal-tron-gambling-network-shut-down/

[600watt]

the fair value of shitcoins is zero. null.
why would you advise bitcoiners to invest in scamcoins?

Although I appreciate the value of tribalism in a competitive environment, that is a very stupid comment if I may say so.

Bitcoin would be nowhere without "sh*coins" because they are the buttressing by which it survives. That "buttressing" provides hedging support, diversification, optimal access for new market participants and generally all round builds an industry in which bitcoin can consolidate roots.

Not least, alts are also a far more effective way of accumulating bitcoin than just buying bitcoin because at any given moment there's always one or more of them outperforming it for gain.

So all in all I wouldn't p*ss on the potato patch that you're growing in if I were you. (I also make the same case in reverse to sh*coin maximalists by the way - for the same reasons).

what is stupid by ALL means are shitcoins. you got it the wrong way around. bitcoin would be in much better shape by all metrics if there were no shitcoins. they provide no utility, they are scamming people, they keep good devs busy because every week there is a new shitcoin that needs to be implemented, they get marketed as "the better, faster, newer" bitcoin. the scamcoin sellers spill out nothing but hate towards bitcoin and its community. shitcoins need to be fought against in every legal way.

and yeah, some use speculating shitcoins to gain more btc. if i want to do that i just go into a casino because the level of scamming is lower there.

[kingcolex]

I just left work 3 hours early just to read WO and watch the charts without any disruptions.  

Recently saw this TA trending on TradingView:
https://www.tradingview.com/chart/XBTUSD/HWoBef73-BITCOIN-Bull-Market-Incoming-But-Not-Now/

"We will enter a Bull Market, BUT not when you think so. First let me tell you, why a Bull Market is under way."



Looks quite OK to me. If I can manage to grab some more from sub $6k, I will be a very happy man. Planning to get 1 more full coin while I can if we ever see those prices again. If not, will keep DCA'ing with whatever I got.

What a coincidence that 99% of TAs posted here show DOWN as the next move? Weird isn't it? At $3k there was a move down to $1500 and then up to $5k then at $4k they posted TAs with next move as down to $2500 and then up to $6000, at $6k they wanted us to believe we're going back to $4k and so on... now at $8500 these graphs again are pointed down to $6000 but I somehow think isn't not gonna be the case.  

PLEASE PLEASE PLEASE FUDSTERS DON'T POST THIS BULLCRAP ANYMORE!!!  

P.S. And there's no such thing as "incoming bull market" because we're months deep into BULLS MARKET already...

A short pullback really wouldn't be too bad of a thing.

[serveria.com]

What a coincidence that 99% of TAs posted here show DOWN as the next move? Weird isn't it? At $3k there was a move down to $1500 and then up to $5k then at $4k they posted TAs with next move as down to $2500 and then up to $6000, at $6k they wanted us to believe we're going back to $4k and so on... now at $8500 these graphs again are pointed down to $6000 but I somehow think isn't not gonna be the case.  

PLEASE PLEASE PLEASE FUDSTERS DON'T POST THIS BULLCRAP ANYMORE!!!  

P.S. And there's no such thing as "incoming bull market" because we're months deep into BULLS MARKET already...

Calm down kiddo.

What's wrong with you, do you think this can reach $100k in a week without any corrections? (if nobody sells, it can but unlikely )

Everybody can post whatever they like. That's not FUD first get your facts straight.

We are all excited, but no need to be stupid. My last 2 posts were showing $50k and $80k when I post a correction chart suddenly I became a FUDder. I find your behaviour very childish for a long time. I guess I'll just ignore you.

Fckin kids. Didn't know there were 15 year olds around. Sorry.

Won't work beartroll...  you're attacking a strawman here... where did I mention we're going straight to $100k without any corrections? Where did I claim that everybody can't post whatever they like? If you don't believe me just scroll this thread and see for yourself... and I am dead calm it's all in caps for the FUDsters as it's a common knowledge they're either blind or stupid (or both) as they keep posting those sh*ty TAs  

[serveria.com]

PLEASE PLEASE PLEASE FUDSTERS DON'T POST THIS BULLCRAP ANYMORE!!!  

Even if the details and the reasons might be off by a long shot, I do think a correction is coming.

When and how big is anybody's guess, but it is due. No bull run went straight to the top, ever.


In other words

We smell a pullback
coming around the coner
bullcrap or bearcrap?

We have a tiny correction daily... am I the only one to spot it?

[gembitz]

 

8k weeeee

[d_eddie]

A short pullback really wouldn't be too bad of a thing.

I agree and I feel it coming.

It would be good because it would make the run fill more real, so to say. If we reach 10k tomorrow, would you feel safe? I wouldn't. And what if instead we struggle between 7's and 8's for a while, with a quick dip even lower? I would feel much better than the five digits are here to stay.

[gembitz]

the fair value of shitcoins is zero. null.
why would you advise bitcoiners to invest in scamcoins?

Although I appreciate the value of tribalism in a competitive environment, that is a very stupid comment if I may say so.

Bitcoin would be nowhere without "sh*coins" because they are the buttressing by which it survives. That "buttressing" provides hedging support, diversification, optimal access for new market participants and generally all round builds an industry in which bitcoin can consolidate roots.

Not least, alts are also a far more effective way of accumulating bitcoin than just buying bitcoin because at any given moment there's always one or more of them outperforming it for gain.

So all in all I wouldn't p*ss on the potato patch that you're growing in if I were you. (I also make the same case in reverse to sh*coin maximalists by the way - for the same reasons).

what is stupid by ALL means are shitcoins. you got it the wrong way around. bitcoin would be in much better shape by all metrics if there were no shitcoins. they provide no utility, they are scamming people, they keep good devs busy because every week there is a new shitcoin that needs to be implemented, they get marketed as "the better, faster, newer" bitcoin. the scamcoin sellers spill out nothing but hate towards bitcoin and its community. shitcoins need to be fought against in every legal way.

and yeah, some use speculating shitcoins to gain more btc. if i want to do that i just go into a casino because the level of scamming is lower there.

BTI is legit and we are strong supporters of bitcoin core tech :-D weeee

[fillippone]

 

8k weeeee

8035 wee!!



https://en.wikipedia.org/wiki/Gasherbrum_II

[Phil_S]

A short pullback really wouldn't be too bad of a thing.

Yeah, but it gets a bit annoying when the folks always predict 50%-60% pullback that lasts 2-3 months.

[kenzawak]

https://twitter.com/PeterMcCormack/status/1128094535089893376

[serveria.com]

A short pullback really wouldn't be too bad of a thing.

Yeah, but it gets a bit annoying when the folks always predict 50%-60% pullback that lasts 2-3 months.

this

[bitcoinPsycho]

A short pullback really wouldn't be too bad of a thing.

Yeah, but it gets a bit annoying when the folks always predict 50%-60% pullback that lasts 2-3 months.

this

Bitcoin will do what it wants .ta is bollocks. Hodl is the only way to win imho

[Hueristic]

But, what do those numbers you posted (2-2-10-4) mean? Just curious...

Play Railroad Tycoon, you'll learn.



Great Series of games BTW.

Damn I miss that game. Goes great with a bag of weed (as do most things).

One of my favorite aspects was trying to bankrupt the other tycoons by manipulating their stock prices.

If you had enough capital to buy and crash the price of a competitor's stock, you could leave them forever bankrupt, unable to dig themselves out of massive debt. Fun!

What about Transport Tycoon... That what so far advance for it time!.. I remember the longer you played the slower it got!

The economic module of the game was fantastic. I usually played only as investor manipulating mine and all other stocks, trying to bankrupt the other rich guys, while having quit as a manager of the company and letting the game automanage it...

Playing the market was a great part that I had totally forgot about!
OK, I have to dig it out now. I think I only have RT3 left so it'll have to be that one.

Anyone remember Transport Tycoon?... It was so far advance for its time. I remembered the longer you played the slower it got!.. Those super fast Pentiums was no match...

I never did try that one. I spent half the night on RRT3 and I'm going to have to setup a DX8.1 VM for it. I had it running but after adjusting monitor overscan while the game was running the thing went bonkers and won't fire up without detecting directx 8.1. Fucking h8 DX games. I did get through the tutorial as a refresher before the crash though.

[d_eddie]

Trading disclosure. I have two positions: a suffering short and a happy long (larger).

When it goez UP, I gainz moar because the long is larger. Cash out a bit.
When it goez DOWN, I looze moar but can refill the long a bit. If DOWN DOWN, cash out shortz.

If it goes UP like mad, I'll close both positions and gainz.
If it goes DOWN like mad, my stop will save some long gainz and I hope to close my short in the green (or just a little in the red).

This is similar to a double ladder (JJG/jbreher), with lots of manual nursing and tweaking.

UP slightly better, so I can close everything at once and gainz are simpler. So as a trader, ATM I have a more or less neutral stance. And that's just about my play money.

As a hodler, it's easy to guess where I stand.

[_javier_]

Please stop talking shit


SInce 2011

404

downtrends not found

just look at those 2016-2017 pullbacks!! horror!!  

[Hueristic]

https://steemit.com/trading/@anonymint/re-anonymint-most-important-bitcoin-chart-ever-20190511t061008384z

I remember his BTC call of $80 back in 2014, waaay off but his LTC call in early 2017 was absolutely spot-on. His musings are generally interesting. Anyway, his current call is so fantastical that I'd believe when I see it.

His most likely scenario is:

So the $78k could be the second peak and after the halving and there would be no dip after $150k and instead the moonshot would be all the way from ~$30k to $500+K at the end of 2020.

Actually IIRC his LTC predictions were months too early and he had divested himself before it hit.
Sometimes spotting a trend too early is as bad as not seeing it at all.

[vapourminer]

Well bitcoin is in a great moment, we’re all happy WO’s. I’m off to Budapest, Happy Birthday to me

Cheers gentlemen!

happy cake day birthday!

may many more happy and healthy ones follow.