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

[El duderino_]

Holy shit mic, we posted at the exact same second, look at the post times, that was weird.
Its a doublepost timestamp.

We've just had our first public WO docking   

So we double person merit it .........

[JimboToronto]

Good morning Bitcoinland.

I see the battle for $10k is far from won and we're back where we were over a week ago... currently $9463USD/$12470CAD (Bitcoinaverage).

Get your cheap coins while you can.

F*** I hate every buck we go lower.... to many have had the opportunity to buy in on extremely cheap prices for an EXTREMEly high valuable asset, so I don't like previous NO-coiners to get their hand on to cheap coins

I hope the ones that bought and HODLed the previous higher price ranges will get their reward (for HODLing and keep on learning and working in the BTC-community)... I would hate some friends of me that bought big %'s of their wealth into BTC, that they would have to witness some NO-coiners of the group to buy in lower as they did

I personally welcome the opportunity for noobs to get in at super-low prices of only 4 digits. Even no-coiners can have a Bitcoin epiphany, see the light, repent their lost-sheep no-coiner ways, and buy in while the price is down. It's never too late.

Those who paid pennies for their coins could have resented the opportunity for latecomers to buy in at double- or triple-digit prices during the big dips in 2013, and 2014-5. As it is some of those who bought during that last deep dip in August 2015 are among the most avid holders today, as are those who paid 4 digits in late 2013..

When we hit 6 digits (and beyond?) in the next few years only fools won't be holders. Most of us will be living happily ever after on Easy Street, even today's noobs.

[jbreher]

Halfway through 2021 before we even see 10k again according to this analysis. Just looking at the cycles.

Ready to make a bet on it ?

I bet NO at 99%.

Second that. 99.999%

You haven't even had time to watch it. Look at the cycle again. That last pump sticks out like a sore thumb. Markets simply don't do that naturally.

See what happens with Bitfinex/Tether on Monday. That may put this whole pump in a very different context.

The chart doesnt really imply 2500 in august to me, that would be an unprecedented drop straight down. But reverting back to the lower bound on the chart later this year is not unreasonable at all imo. We could revert back to the 2015 fractal and look back at it all as a libra/fed/tether minibubble that distorted the graph, had everyone thinking it was 2017 all over again, but then things went back to normal and everything smoothed out.

Its hard for me to deny the change of direction by the Fed, new stock market all time highs, Libra hype, soaring BTC dominance, and tether scare all at the same time created a perfect storm of hype and mania much earlier than we expected. Wouldnt be unreasonable for the majority of those gains to fade this year. If so its not really a bad thing but just a simmering down until the supply cuts in half to really get the party started.

Think of it as the ultimate testing of rocket thrusters for the real blast off post halving. A warning shot to all the banksters and fudsters of things to come. Just my take rn. A blast off to 20k will surely change my mind.

Yeah, but what if it ends up rhyming with 2013?

[Torque]

FYI to those who are wondering where the market might be going.

The IRS doesn't bother to send out letters reminding 10,000 crypto owners that they can report capital losses on their crypto sales. 'Cause why would they do that?

Just sayin'.  

[JayJuanGee]

I know bitcoin, and you, litecoin are no bitcoin.  

Of course A is not equal to B, but they do share similarities in protocol design and proposed use/implementation.

I'd be very interested to hear your take on the differences between litecoin and bitcoin, jiggy.

Just like you really don't give any shits about what I think about litecoin, I don't give any shits about such topic.

I'm beginning to lose my patience with you, jiggy; are you able to have a rational, back and forth discussion without immediately going on the defensive and resorting to inflammatory accusations?

Stop proclaiming that you're the arbiter of my intentions, you aren't.

First of all, you already failed and refused to engage in genuine responses (rather than poo pooing like a typical troll/shill no coiner) regarding your previous quasi-irrelevant dumbass no coiner / bitcoin naysaying points that I already responded to.. and further,  this is not a thread to compare and contrast various shit coins.  Helrow?

Refuse to engage or respond? I'm on mobile most of the time, which makes it difficult to format long posts and reply to multiple users.

With regard to our previous discussion, I was asking questions while you would answer; you never actually responded by asking me any specific questions of your own.

If you would like me to answer some specific questions or provide information of some kind, please, ask away!

Don't force the matter, you diptwat.  If you were to have anything that was to be worthy of a question then I am sure someone would ask you.  I have not seen it, so far, but maybe at some point in the future, there might be something useful coming out of one or more of your posts.  I am pretty skeptical, but I have not completely lost hope, yet.

But if you consider the one aspect of bitcoin that you proclaim to NOT accept or understand, you might want to look into network effects, but no, you claim to not understand or believe that such network effects are important in the discussion,

Incorrect, as I specifically acknowledged the network effect and first mover advantage that bitcoin has, in my previous posts.

Maybe you are making some progress, perhaps?  I know that you want to present an aura that you are already wise, but something is definitely missing from your presentation.

I will grant that you seem to be doing both, 1) attempt to act like you don't know anything in order that you can present your trolling questions as if you are a newbie, and 2) when you are pointed out as being a retarded troll/shill then you shift gears to attempt to present as if you knew everything all along.

Largely you come off as full of shit and disingenuine, but there are probably either some newbies who might believe you or perhaps some other troll/shills who will seek common cause with your ongoing child-like nonsense.

instead you want to get caught up in distracting discussions about slight technical differences that may or may not exist

Protocol differences between projects definitely exist, you should be aware of this.

Yep.  Of course.

and in the end don't even matter in the scheme of things.. because bitcoin is not broken, so you have to overcome that presumption of brokenness first,

I never claimed the bitcoin was broken in any way, you're simply being disingenuous.

That's part of my point, you dumb ass.  If you cannot at least demonstrate that bitcoin is broken, then you have not even reached the first stage of being able to present some alternative as having any kind of meaningful relevance.

and you also have to show that your shitty ass project that you want to tout, whether litecoin or some other random project, whatever it is has sufficiently overcome whatever supposedly broken part of bitcoin that it is going to matter, instead of just being possibly absorbed into bitcoin as a tweak.

I'm not touting anything, I'm asking basic questions about the differences in protocol between projects.

Why would I need to answer any questions from you?  If you have some project that you want to compare with bitcoin, then you have the burden to present your facts and your arguments.  Why should anyone else be doing your work for you when there is nothing wrong with bitcoin, you diptwat?

Specifically, I've asked what makes bitcoin "better" or "best".
If your answer to this question is "it's more popular and it got there first", that's fine.

Bitcoin invented something meaningful.  If something meaningful has been invented then it cannot be reinvented.. it can be imitated.. those are different concepts.  So whether I am claiming bitcoin is better or best or not does not likely matter, because I have no burden to establish anything.  Maybe in some circles I might just claim that bitcoin is not broken, so if you want to replace it with something the burden is on you to show with facts, logic and persuasion that whatever you have is sufficiently better to cause networking effects to move over... so get your burdens straight.. there is no burdens for the incumbent to prove itself in any kind of substantive way.   The burden is on the wannabe.. like I already repeated many times...  

Am I turning blue in the face yet?




Edit: 

What 600watt said..... hahahahahahahaha

[JayJuanGee]

Sorry to be bearish gents but I think we wont bottom this summer till we get to about 4900.

I was convinced of this by powerful entities who communicated with me on a recent DMT adventure.

Apparently they trade Bitcoin in transdimensional hyperspace.

I obviously dont post much during times like this bc its no fun but I promised to report.


via Imgflip Meme Generator

Oh gawd..... .... another sorcerer wannabe.  

[edited out]

Your starting to sound like jonov

Sure.. that's another angle... Haven't heard from that broke-ass dude for a while.  Maybe he will be able to buy back all the coins that he sold for under $6k, but guys like that get to cock-assured and too greedy.. .so my hopes are not too high in his ability to recover from dumb.

[JayJuanGee]

I had a job interview this week and a long part of the interview was spent talking about Bitcoin. Somehow we ended up on the topic and he just kept firing questions. There definitely is a huge thirst for knowledge for BTC

Job related to bitcoin or some  related field or the guy was just interested on a personal side-tangent level?

Come on everyone!

ACCUMULATION.

Please Pamoldar.. ... don't admit that those are your ideas......

That's some pretty simplistically pathetic history.    

Nah brother, I am not that creative. It was from some twitter dude 🤪

I am glad to hear.  I was getting a bit worried, even though gotta expect some surprises in this kind of action-packed world of bitcoin, crypto and other world events.

[JayJuanGee]

Sorry to be bearish gents but I think we wont bottom this summer till we get to about 4900.

I'm going to assume you mean 9400.

Not 9400 , he certainly meant lower. I would think 6400 rather than 4900, but its just an opinion.

Most probably 7.7K - 8.5K area. Then we will see

Does anyone believe that the uncertainty around the hearings this week can cause some additional dumping opportunities?  The hearings in the USA senate banking committee about regulating crypto currencies start on Thursday.

[JayJuanGee]

No spare fiat for a while now unfortunately. Meh, I bought 7 more coins since the fall from the ATH. Would have like to have made it another 10 but I’ve got a lot going on over the next couple of months, expensive times.
I’m not going to bust into my fiat savings unless it goes to close to the previous bottom.

I hope we don’t go too deep into the $8000’s if I’m honest.

You are coming off as a bit of a BIG Baller. 

Makes me feel like small potatoes with my little trades and buy backs, and I believe that I acquired a few more coins, but ONLY because I was using the proceeds from coins that were sold on the way up to $13,880.

Maybe I should feel ashamed that I did not really inject any new money, except for a little bit that I could rationalize as having had shifted around by having had freed up some fiat by cancelling some of my sub-$4k buy orders and hoping that we do not return back to those kinds of price levels...otherwise, I am going to have to juggle - and I suppose at that point, new money would end up getting injected, perhaps.  I would  just prefer not to go there, again, if possible.

[JayJuanGee]

Halfway through 2021 before we even see 10k again according to this analysis. Just looking at the cycles.

Ready to make a bet on it ?

I bet NO at 99%.

Second that. 99.999%

You haven't even had time to watch it. Look at the cycle again. That last pump sticks out like a sore thumb. Markets simply don't do that naturally.



See what happens with Bitfinex/Tether on Monday. That may put this whole pump in a very different context.

So Bet or not ? If there is an escrow here for the bet.

1 BTC ?

wtf has betting got to do with any of this ? You think just because your hopium's strong the appraisal's wrong ?

The points are well made - in particular that rally was one of the more "engineered" moves bitcoin has ever made so the guy is reasonable in looking at the longer term picture.

You have a pretty strong conviction there toknormal, you should be willing to put some kind of wager on it.  Doesn't have to be 1BTC... could even be a lot smaller, such as .0001BTC or something like that... Might give you a little bit of credibility if you would back up your constant ongoing bearish predictions that never really tend to come true.

[serveria.com]

Sorry to be bearish gents but I think we wont bottom this summer till we get to about 4900.

I was convinced of this by powerful entities who communicated with me on a recent DMT adventure.

Apparently they trade Bitcoin in transdimensional hyperspace.

I obviously dont post much during times like this bc its no fun but I promised to report.


via Imgflip Meme Generator

Oh gawd..... .... another sorcerer wannabe.  

[edited out]

Your starting to sound like jonov

Sure.. that's another angle... Haven't heard from that broke-ass dude for a while.  Maybe he will be able to buy back all the coins that he sold for under $6k, but guys like that get to cock-assured and too greedy.. .so my hopes are not too high in his ability to recover from dumb.

Have to add I'm deeply disappointed with Lambie lately. He was a permabull when he first appeared but it seems he has turned into a bear now. What is more alarming he started posting his bearish prophecies of the so-called "one last dump before up" theory and now this $4900 bottom post. I'm worried that's a way how most beartrolls earn their merits and post count (also respect from other members) - post bullish things first, turning into bears later. So guys be smart, think twice! We're getting surrounded by werewolves.      

[jojo69]

Any way, my weirdest drug experience was magic mushrooms which I only did once due to how fucking weird it was. I saw blue tweetie pies in the sky, I laughed at some ginger guy which I don’t even remember doing & he started a fight on me. I thought my friend was going to get run over by a bus even though it was really far away. Overall an all round horrible experience.

doing mushrooms in town...first mistake

[toknormal]

Halfway through 2021 before we even see 10k again according to this analysis. Just looking at the cycles.

Ready to make a bet on it ?

I bet NO at 99%.

Second that. 99.999%

You haven't even had time to watch it. Look at the cycle again. That last pump sticks out like a sore thumb. Markets simply don't do that naturally.



See what happens with Bitfinex/Tether on Monday. That may put this whole pump in a very different context.

So Bet or not ? If there is an escrow here for the bet.

1 BTC ?

wtf has betting got to do with any of this ? You think just because your hopium's strong the appraisal's wrong ?

The points are well made - in particular that rally was one of the more "engineered" moves bitcoin has ever made so the guy is reasonable in looking at the longer term picture.

You have a pretty strong conviction there toknormal, you should be willing to put some kind of wager on it.  Doesn't have to be 1BTC... could even be a lot smaller, such as .0001BTC or something like that... Might give you a little bit of credibility if you would back up your constant ongoing bearish predictions that never really tend to come true.

Why ?

There are plenty of both bullish and bearish opinions posted here all day long. I don't see calls for those views to be collateralised. People just don't like hearing well founded bearish opinions, that's all.

[jojo69]

The hearings in the USA senate banking committee about regulating crypto currencies start on Thursday.

what an amazing coincidence...

[Cryptotourist]

Have to add I'm deeply disappointed with Lambie lately. He was a permabull when he first appeared but it seems he has turned into a bear now. What is more alarming he started posting his bearish prophecies of the so-called "one last dump before up" theory and now this $4900 bottom post. I'm worried that's a way how most beartrolls earn their merits and post count (also respect from other members) - post bullish things first, turning into bears later. So guys be smart, think twice! We're getting surrounded by werewolves.      

I have to admit that I did not like this $4900 bottom coming from Lambie.
That said, he is entitled to his opinion of where we might be going, whether we/you/me like it or not.
I respect him regardless. He doesn't have to be a werewolf to earn merit & shit, although it's easy to understand why you might say that.
Not Lambie, maybe someone else. I can't be that off in judgement of character.

#

There are plenty of both bullish and bearish opinions posted here all day long. I don't see calls for those views to be collateralised. People just don't like hearing well founded bearish opinions, that's all.

I don't agree with the "well founded bearish options". On the contrary.
Watched the video btw. Might as well leave it to something he pulled out of his .... Much like I do.

[El duderino_]

via Imgflip Meme Generator

Enjoy your Saturdays brothers of Wall watching .... me is going Jap style this evening

WoW btw me and cryptoqueeen 6years together on this very 27th July

What an amazing girl and especially of staying with me

[El duderino_]

Hot amazing girl
Twenty seventh of July
Always stay with me

[gallianooo]

Halfway through 2021 before we even see 10k again according to this analysis. Just looking at the cycles.

Ready to make a bet on it ?

I bet NO at 99%.

Second that. 99.999%

You haven't even had time to watch it. Look at the cycle again. That last pump sticks out like a sore thumb. Markets simply don't do that naturally.



See what happens with Bitfinex/Tether on Monday. That may put this whole pump in a very different context.

So Bet or not ? If there is an escrow here for the bet.

1 BTC ?

wtf has betting got to do with any of this ? You think just because your hopium's strong the appraisal's wrong ?

The points are well made - in particular that rally was one of the more "engineered" moves bitcoin has ever made so the guy is reasonable in looking at the longer term picture.

You have a pretty strong conviction there toknormal, you should be willing to put some kind of wager on it.  Doesn't have to be 1BTC... could even be a lot smaller, such as .0001BTC or something like that... Might give you a little bit of credibility if you would back up your constant ongoing bearish predictions that never really tend to come true.

Why ?

There are plenty of both bullish and bearish opinions posted here all day long. I don't see calls for those views to be collateralised. People just don't like hearing well founded bearish opinions, that's all.

I'm happy with your prediction, so let's do a bet. 1 BTC.

If you have really conviction, it should not be a problem.

[Phil_S]

There's no need to be upset:

2019 rhymes with 2017, esp at Jun-Jul.

[Ludwig Von]

That big dildo game is boring. pfffffwww bitporn seems to be much less exciting than expected... . (maybe I should not say that)