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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26366020 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"


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August 22, 2019, 02:18:44 AM
Merited by GreatArkansas (1), SuperTA (1)

Oh Lord. What now ?

Fuck this dump.

When BTC broke above $300 in October/November 2015 and shot up to $500, It corrected back down to $300, and then it took nearly 7 months for it to break back above $500.

Many people thought that BTC prices would not go back above $500 again.

Here, we had a break up to $13,880 that broke back down to $9,049 (so far), and we have had nearly 2 months of bouncing around between $9k and $12,200. 

In other words, it is not yet time to panic, especially given the degree of our price rise up to $13,880 and the speed that it arrived.

Yeah, we got BAKKT... and so fucking what?  There are likely folks who want to shake a few trees to see if any weak hands are going to fall out.

Anyone selling their BTC at these prices, or rather picking up a few moar corns?
"Your bitcoin is secured in a way that is physically impossible for others to access, no matter for what reason, no matter how good the excuse, no matter a majority of miners, no matter what." -- Greg Maxwell
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lightfoot
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I fix broken miners. And make holes in teeth :-)


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August 22, 2019, 02:25:42 AM

Remember the words from one of the best movies of our time:

cAPSLOCK
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August 22, 2019, 03:33:13 AM

We are currently passing through the final valley of death on the 2015 fractal.

If the fractal holds, we should be turning bullish within the next month. 

Please take your places on the train.  We will be departing the station shortly.


I actually respect your analysis generally fairly deeply.  But I am sad that I find this fractal analysis to be as dubious as I did back when it was point to a bearish future...

That said, I hope you are right.
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August 22, 2019, 03:46:54 AM

A theory:
Funds got so infatuated with planB analysis (see his twitter) that they are smacking down btc every time it tries to rally much from the 'theoretical' 8-9K. At some point they will stop; maybe in a month (as HM suggests) or in 6-9mo OR anywhere in between.
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August 22, 2019, 03:53:22 AM

Fuck you Dutch - give us Greenland*

*Half-joking

Trump is a joker.  Smiley



https://twitter.com/realDonaldTrump/status/1163603361423351808
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August 22, 2019, 04:52:27 AM





Btc/Usd CME Chart

The first chart (4h) the yellow and the purple line didn't hold and now bitcoin has a second chance at the trendline. We are near the trendline area (white line). If the 4h candle closes and stays above the white trendline it will be a positive sign for a potential bounce to the upside.

The second chart (1d) the daily candle is near the trendline but currently bellow the yellow EMA line which indicates support if bitcoin is above the line and resistance if bitcoin is bellow the yellow line. Bitcoin is currently in between the white trendline and the yellow (currently resistance) line. If we close the daily candle above the yellow line it will be a good sign. If that happens, the next stop would be the purple line and after that the upper white trendline.

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August 22, 2019, 04:55:32 AM
Merited by BobLawblaw (1)

Dear Bitcoin,

Please stop acting like a bullshit.
When I put you to bed last night you were above 10,000.
I needed you to stay there as I made the decision not to convert you to cash that I need for today.
Then you fell out of the crib, and its gonna cost me about a thousand pesos that I could have really used.
If you could once again go above 10k in the next couple hours that would be just great.
Thanks,

Bye.
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August 22, 2019, 05:20:45 AM
Merited by JayJuanGee (1)

Dear Bitcoin,

Please stop acting like a bullshit.
When I put you to bed last night you were above 10,000.
I needed you to stay there as I made the decision not to convert you to cash that I need for today.
Then you fell out of the crib, and its gonna cost me about a thousand pesos that I could have really used.
If you could once again go above 10k in the next couple hours that would be just great.
Thanks,

Bye.

If you needed the money so quickly you shouldn't had it in Bitcoin.   Hope you learned something here.
Bitcoin Smith
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Cashback 15%


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August 22, 2019, 05:22:42 AM

Dear Bitcoin,

Please stop acting like a bullshit.
When I put you to bed last night you were above 10,000.
I needed you to stay there as I made the decision not to convert you to cash that I need for today.
Then you fell out of the crib, and its gonna cost me about a thousand pesos that I could have really used.
If you could once again go above 10k in the next couple hours that would be just great.
Thanks,

Bye.
I am forwarding this heartly felted letter to bitcoin GOD (Satoshi). Smiley
Wilhelm
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August 22, 2019, 05:26:36 AM


Trust those puppy eyes  Kiss
nutildah
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August 22, 2019, 05:32:38 AM

Dear Bitcoin,

Please stop acting like a bullshit.
When I put you to bed last night you were above 10,000.
I needed you to stay there as I made the decision not to convert you to cash that I need for today.
Then you fell out of the crib, and its gonna cost me about a thousand pesos that I could have really used.
If you could once again go above 10k in the next couple hours that would be just great.
Thanks,

Bye.
I am forwarding this heartly felted letter to bitcoin GOD (Satoshi). Smiley

Thanks, because I guess he read it.



And with that, BTC will now never go below 10k a.... ahhh shit.



If you needed the money so quickly you shouldn't had it in Bitcoin.   Hope you learned something here.

The difference is now a matter of $2-$3 so nope. Didn't learn anything.
SuperTA
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August 22, 2019, 05:46:31 AM



I made this chart on August 12th. This is the longterm chart.
On this chart we can clearly see that bitcoin likes the weekly 21 EMA line (the blue line). If bitcoin falls, It likes to bounce up on that line. Currently that line is around 8900 usd. The red line represents the long term trendline.
GeoRW
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Trust No One


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August 22, 2019, 05:48:50 AM

Dear Bitcoin,

Please stop acting like a bullshit.
When I put you to bed last night you were above 10,000.
I needed you to stay there as I made the decision not to convert you to cash that I need for today.
Then you fell out of the crib, and its gonna cost me about a thousand pesos that I could have really used.
If you could once again go above 10k in the next couple hours that would be just great.
Thanks,

Bye.
I am forwarding this heartly felted letter to bitcoin GOD (Satoshi). Smiley

Well, I think Satoshi can only sell, so better let him sleep.  Grin
realr0ach
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August 22, 2019, 06:27:26 AM

Dear Bitcoin,

God I wish we had more Nazis in this thread

https://www.theguardian.com/us-news/2019/aug/21/california-high-school-nazi-salute

JSRAW
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August 22, 2019, 07:20:36 AM

One day he 's gonna put all stand-up comedians for shit! :-) And win the world 's most spoiled orange todler contest!  Wink

Be careful what you wish for  Lips sealed Grin



This is a big work of (very contempory) Art JS(not so raw) +1  Cheesy

eeee Yeah not so  Undecided

Check out his other work as well bro.

Mike winkelmann : https://www.beeple-crap.com

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August 22, 2019, 07:41:09 AM

Price is changing.
We dont need to panic and run we need to ...

vroom
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August 22, 2019, 08:39:24 AM

nice page with information about mempool and transaction fees: https://mempool.space/
Totscha
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August 22, 2019, 09:06:33 AM

nice page with information about mempool and transaction fees: https://mempool.space/

It would be great if it actually worked... Wink
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August 22, 2019, 09:11:19 AM

Mining on earth (metals) is already controlled by governments.  If you want to take over the bitcoin network it would be very expensive.  

Gold on the other hand will have its value wiped out with one not so large rock moved into orbit around the earth.   The age of metals being a store of value is almost over.    

Another scumbag Dyask post full of bullshit lies as usual.  ...

So I'm a scumbag because I can think for myself rather than follow your babble?     About time you start learning a bit about what is going on.   The prize is too great, it is just a matter of time before a corporation makes trillions from mining in space and totally changes the value of metals on earth.   When gold is as common as iron is today what do you think the value will be?

Even going back over the last 50 years, gold and silver have been rotten investments.   Basically holding those metals is hoping for an end of the world type event.   You'll be lucky if that happens and you are alive.  More likely you'll be dead.   Still a rotten investment!  

Since fiat currency is no longer tied to gold ... money is nothing but numbers.  Pretty much the same as Bitcoin.   I think bitcoin has a lot better chance of having value decades down the road as compared to gold.
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August 22, 2019, 09:42:50 AM
Merited by vapourminer (1), JayJuanGee (1)

nice page with information about mempool and transaction fees: https://mempool.space/
You can find helpful tips in my thread
Bitcoin transaction fees - everything in one
Note that Bitcoin transaction fee has its own cycle in timezones. Read more in my thread.
As of writing, it is enough to move your coins at 1 Satoshi/ byte, but if you are in hurry, you can move your coins faster at 2-3 satoshis/byte as fees.
https://coinb.in/#fees
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