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

[JayJuanGee]

When Lambo?  

You are a fucking nutjob, jonoiv.

You are getting all excited because there is a price correction, which is normal, and you want to paint such correction as either a doom and gloom situation or something that you predicted...   Which this correction is neither.  This is what happens.  If bears are able to push the BTC price down, they push it down as far as they can and for how long they can.  So in the coming days we are going to see whether the BTC price goes back up, stagnates in some area in the lower $7k region or continues to go down. 

We will see.  We will see.

If there is some continued downward BTC price  momentum, of course, there will also be some continued attempts at FUD spreading, and we will see the extent to which that FUD spreading is successful, too.

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[JayJuanGee]

[edited out]

You left out _unwriter.

...

You left out adamstgBit.

...

You left out Ryan X Charles.

Now what? 

We are going to have torture through the one-by-one streaming of BIG BLOCKER/bcash scammer names?   

[infofront]

[edited out]

You left out _unwriter.

...

You left out adamstgBit.

...

You left out Ryan X Charles.

Now what? 

We are going to have torture through the one-by-one streaming of BIG BLOCKER/bcash scammer names?   

I'm going to make sure you guys are seated next to each other at the 100K party. 

[JayJuanGee]

[edited out]

You left out _unwriter.

...

You left out adamstgBit.

...

You left out Ryan X Charles.

Now what? 

We are going to have torture through the one-by-one streaming of BIG BLOCKER/bcash scammer names?   

I'm going to make sure you guys are seated next to each other at the 100K party. 

That's the best idea you have had for weeks.





NOT.   

[d_eddie]

You left out Ryan X Charles.

BIG BLOCKER/bcash scammer names

I'm going to make sure you guys are seated next to each other at the 100K party. 

@infofront please stop, I don't have any sM left.

[Toxic2040]

+

Someone crazy is pushing down bitstamp with a 2k btc sellwall... wow O_O

https://twitter.com/loomdart/status/1129221513398427648/photo/1


=

Now let me see your war face!

[realr0ach]

silver or gold are useless

In reality, it's the exact opposite.  It's digital shitcoins that have zero use or value because they're fake commodities, while real commodities actually do have value.  Digital shitcoins are just another Keynesian con game.  The definition of Keynesianism is basically  a completely arbitrary system composed of magic numbers where someone decides to play god and unilaterally adjusts random sliders in various positions for no reason other than he's pretending to be the god of everyone else.

It doesn't matter if the system is done by manual central banker manipulation, AI manipulation, or algorithmic manipulation, it's all the same thing - a completely artificial fugazi with no connection to the real world.  While also lacking any form of Schelling point and require force or massive manipulation and fraud in suppressing all alternatives in order to try and force everyone to use the same completely artificial, Keynesian system.  Otherwise when you attempt to hoard all 21 million coins, I'd have the ability to completely ignore you and create my own system out of thin air or use something else and you'd have zero power over anyone.

[CryptoBry]

Amazon went public 22 years ago today. A $1k investment would be worth $1.2M today. Bitcoin is only 10 years old. A $1k investment would be worth $2.6 BILLION today. The new financial system is creating generational wealth for many people. 🔥

It is indeed amazing what bitcoin is doing in creating wealth for people who were so lucky to have entered it at the right time and just hold it for the last 10 years. I am now wondering how many millionaires and even billionaires were created with holding and trading bitcoin so far. Looking into the future, we can be sure that bitcoin is definitely here to stay and will even be more potent in pushing wealth to more people as long as they will continue to believe with it. Though it remains to be a very volatile investment instrument, the opportunity is very attractive especially for many who are risk-takers.

[Hueristic]

https://twitter.com/loomdart/status/1129221513398427648/photo/1


=

Now let me see your war face!

[jonoiv]

When Lambo?  

You are a fucking nutjob, jonoiv.

You are getting all excited because there is a price correction, which is normal, and you want to paint such correction as either a doom and gloom situation or something that you predicted...   Which this correction is neither.  This is what happens.  If bears are able to push the BTC price down, they push it down as far as they can and for how long they can.  So in the coming days we are going to see whether the BTC price goes back up, stagnates in some area in the lower $7k region or continues to go down. 

We will see.  We will see.

If there is some continued downward BTC price  momentum, of course, there will also be some continued attempts at FUD spreading, and we will see the extent to which that FUD spreading is successful, too.

To be fair all i said was When Lambo?  

[nutildah]

It is indeed amazing what bitcoin is doing in creating wealth for people who were so lucky to have entered it at the right time and just hold it for the last 10 years. I am now wondering how many millionaires and even billionaires were created with holding and trading bitcoin so far. Looking into the future, we can be sure that bitcoin is definitely here to stay and will even be more potent in pushing wealth to more people as long as they will continue to believe with it. Though it remains to be a very volatile investment instrument, the opportunity is very attractive especially for many who are risk-takers.

I thought for sure this was plagiarized from somewhere, checked it in my plagiarism checker, but its not.

[d_eddie]

Someone crazy is pushing down bitstamp with a 2k btc sellwall... wow O_O

Now I hope they go after the shorts  

P.S. Thanks for the refills Toxic!

[VB1001]

Good morning WO,s
Loading the deposits, we will soon start the trip, I hope.

[jonoiv]

looks like a semi recovery is on the way if it makes you feel better JJG

[Toxic2040]

Good morning WO,s
Loading the deposits, we will soon start the trip, I hope.

good morning VB


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[realr0ach]

I am now wondering how many millionaires and even billionaires were created with holding and trading bitcoin so far.

Bitcoin is a metaphorical casino and you've made zero until you've managed to exit the casino with your profits.  Before Bitcoin was completely inundated with millenial retards, Jews, Wall Street grifters like Mike Novogratz, and others, everyone always knew and admitted it can go to zero at the snap of a finger overnight whether it's from the cryptography blowing up, govts, lack of fundamentals from centralization, failure to scale, or whatever else.  

The only people with any real wealth are people who own non-perishable physical commodities or people with things like titles to land or other resources that are somehow able to defend it from being stolen or taxed to oblivion by the govt aka having your own private army.  Since bitcoin is not a resource or commodity and is entirely imaginary, saying you're a Bitcoin millionaire is an equally imaginary and illusory statement.

[d_eddie]

Hello Dr. Leibowiz, it's nice to see you again.

[Spaceman_Spiff_Original]

Just checked the price... holy shit !!

Why the hell did I not put up my limit buy orders on beforehand, so mad at myself...

[realr0ach]

Here's the guy who claimed the Russian govt was going to buy infinite numbers of Bitcoins now staging secret meetings with John McAfee wide out in the open on Twitter.  Is this even a real person?  It looks like his only purpose for existing is trying to troll the US govt into banning Bitcoin LOL.  The old Putin reverse psychology play.  Bitcoin is a western Jew scam so attempt to troll them into banning their own scam:

[JayJuanGee]

When Lambo?  

You are a fucking nutjob, jonoiv.

You are getting all excited because there is a price correction, which is normal, and you want to paint such correction as either a doom and gloom situation or something that you predicted...   Which this correction is neither.  This is what happens.  If bears are able to push the BTC price down, they push it down as far as they can and for how long they can.  So in the coming days we are going to see whether the BTC price goes back up, stagnates in some area in the lower $7k region or continues to go down.  

We will see.  We will see.

If there is some continued downward BTC price  momentum, of course, there will also be some continued attempts at FUD spreading, and we will see the extent to which that FUD spreading is successful, too.

To be fair all i said was When Lambo?  

To be fair, you know what the fuck you are doing... so stop playing stupid.  It's obvious, you gloat attempting fuck.

looks like a semi recovery is on the way if it makes you feel better JJG

Why you attempting to make my comment into some kind of personal stake?

You are the one with the fucked up vision, and a decently large failure to recognize the power of bitcoin, both in your inability or refusal to buy and accumulate bitcoin many years ago, and you seem to be continuing to fail/refuse to recognize bitcoin and its very likely ongoing and upwards price pressures.

You should also realize that I have been pretty much playing a similar BTC strategy since I started in bitcoin, although in my first year in, largely 2014, I spent most of that time establishing my initial stake, and thereafter,  I have engaged in strategies to continue to accumulate bitcoin, which involves selling very small portions of my BTC as the price goes up and buying as the price goes down...

So why the fuck would I give any shits if the price currently goes down - especially, the way that my trades have been recently stacked, I largely had not had many buy executions since our April 1 break above $4,200.. so fuck yeah, this $2k dump on stamp and $1k dump in other places caused a decent amount of my buy orders to execute.

In other words, I largely structure my short term plays in a way that is largely emotionally neutral and i don't get too worked up about any of the short term plays.. except perhaps diptwats like yourself talking your book and engaging in disingenuous posts.. and trying to play dumb...  

Anyhow, personally, I don't have any fucking problems, and I can even be content if BTC prices stay below $10k because my stash is greatly profitable, even if BTC prices were to considerably drop from here or to reach new lows (meaning that the bottom is not in), but many of us have decent senses that the bottom is likely in... but if it is not, then we are still not going to have any emotional breakdown from going back there... if that is what bitcoin is going to do... even though, currently it seems quite likely that the odds are quite against going back to $3,122 or lower... and $3,122 is not even really an issue until support is broken at several areas before that.. including $7k, $6k, $5k , $4.2k... $3.8k... let's break down below a few of those supports before I personally might start to take any kind of bearish claims as serious...

In other words, BTC price dynamics have likely turned bullish in the past weeks.. so it will take more than a correction or two in order to change those dynamics back to bearish... If you had not noticed, BTC is already quite used to 30% plus price corrections, and this one so far is not even close to 30% plus..   so we might not even be going there... let's see?  

Just checked the price... holy shit !!

Why the hell did I not put up my limit buy orders on beforehand, so mad at myself...

One of the advantages of the laddered trading strategery is that you are always positioned to harvest the volatility.

Even jbreher recognizes that volatility is not necessarily an enemy.. especially, if you already play your cards as if it (volatility - both up and down) is a given in a market like this ("this" is referring to bitcoin).