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Question: How far will this leg take us?
$110K - 6 (7.2%)
$120K - 14 (16.9%)
$130K - 11 (13.3%)
$140K - 9 (10.8%)
$150K - 14 (16.9%)
$160K - 1 (1.2%)
$170K+ - 28 (33.7%)
Total Voters: 83

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26793652 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 1 users with 9 merit deleted.)
whiteboy420
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October 23, 2019, 08:14:46 PM

Instead of getting margin called.

Have small amount of stops before the margin call. Your margin call price will get lower and have a stop before that call. (cross leverage)

Your position will be underwater and need a price above your oginal entry but better than losing it all.

Hopium is only above $9000

Adding to your longs isn't a good idea in this scenario.

Try to stay alive


Everything under $9k is a potential bull trap.

Above $9k and you have to analyze the market & adjust your stops.

Reduce or add but with multiple stops









As much as bitcoin may look like a buy, upside momentum is still zero.

Worse than zero.

Negative zero.

Momentum is bearish.
El duderino_
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October 23, 2019, 08:20:29 PM

Instead of getting margin called.



As much as bitcoin may look like a buy, upside momentum is still zero.

Worse than zero.

Negative zero.

Momentum is bearish.

LUCKMCFLY
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October 23, 2019, 08:24:59 PM

Well, it's never too late, thanks to Bitcoin this noble boy found love.



When your Laptop literally saves your life. Grin
modpleasehelp
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October 23, 2019, 08:33:21 PM

Instead of getting margin called.



As much as bitcoin may look like a buy, upside momentum is still zero.

Worse than zero.

Negative zero.

Momentum is bearish.




yes correct. I expecting further violent dipping occur here. $3000 Bitcoin is coming by end of month
El duderino_
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October 23, 2019, 08:35:04 PM

Instead of getting margin called.



As much as bitcoin may look like a buy, upside momentum is still zero.

Worse than zero.

Negative zero.

Momentum is bearish.




yes correct. I expecting further violent dipping occur here. $3000 Bitcoin is coming by end of month

rebal15
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October 23, 2019, 08:35:37 PM

Well, it's never too late, thanks to Bitcoin this noble boy found love.



When your Laptop literally saves your life. Grin

Well, it's never too late, thanks to Bitcoin, this noble girl has found ......... and bitcoin
teosanru
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October 23, 2019, 08:37:08 PM
Merited by whiteboy420 (1)

Instead of getting margin called.



As much as bitcoin may look like a buy, upside momentum is still zero.

Worse than zero.

Negative zero.

Momentum is bearish.


Actually just saw the daily chart this might just be whiteboy420's opinion but the charts say a similar picture. We are having a pretty bad situation on the charts. The 50MA is intersecting the 200MA from above which actually shows a negative momentum. We are atleast going around to 6800 ranges which is support from 50MA on weekly charts. Here you can see. It's called the death cross.



Read more about the death cross here https://www.investopedia.com/terms/d/deathcross.asp
rebal15
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October 23, 2019, 08:40:37 PM

Instead of getting margin called.



As much as bitcoin may look like a buy, upside momentum is still zero.

Worse than zero.

Negative zero.

Momentum is bearish.




yes correct. I expecting further violent dipping occur here. $3000 Bitcoin is coming by end of month

Which month?
El duderino_
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October 23, 2019, 08:41:10 PM

^^
I just don't believe or have to much faith in TA's they are like a newspaper fun to read and look at but +90% bullsh*t .....



Some hopium charts nice and cool, some bear charts look ugly as hell.... but for me its just HODL and believe that i'm doing the right thing as i'm been doing it for a few years... I have to admit that I don't have to much to regret so the TA's guys are happy, i'm happy everybody happy Cheesy
rebal15
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October 23, 2019, 08:58:03 PM

Instead of getting margin called.



As much as bitcoin may look like a buy, upside momentum is still zero.

Worse than zero.

Negative zero.

Momentum is bearish.


Actually just saw the daily chart this might just be whiteboy420's opinion but the charts say a similar picture. We are having a pretty bad situation on the charts. The 50MA is intersecting the 200MA from above which actually shows a negative momentum. We are atleast going around to 6800 ranges which is support from 50MA on weekly charts. Here you can see. It's called the death cross.



Read more about the death cross here https://www.investopedia.com/terms/d/deathcross.asp

Where is JJGI, JayJuanGee Indicator, in the chart. when he is a real man, BTC is at the bottom. When he switch to a kind bot, bull market. angry bot, bear market. It is the best indicator for TA.
LFC_Bitcoin
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October 23, 2019, 09:00:46 PM

Well, it's never too late, thanks to Bitcoin this noble boy found love.



When your Laptop literally saves your life. Grin

Well, it's never too late, thanks to Bitcoin, this noble girl has found ......... and bitcoin

An impotent cock?
rebal15
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October 23, 2019, 09:04:04 PM

Well, it's never too late, thanks to Bitcoin this noble boy found love.



When your Laptop literally saves your life. Grin

Well, it's never too late, thanks to Bitcoin, this noble girl has found ......... and bitcoin

An impotent cock?

Good suggestion
Searing
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Clueless!


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October 23, 2019, 09:20:33 PM

Well, it's never too late, thanks to Bitcoin this noble boy found love.



When your Laptop literally saves your life. Grin

Well, it's never too late, thanks to Bitcoin, this noble girl has found ......... and bitcoin

An impotent cock?

Good suggestion

I keep telling people...go to the local 'jiggle' shop, those exotic dancers sure are tech-savvy when you start talking about your Bitcoin stash..who'd a thunk it?

Tis a mystery indeed!
modpleasehelp
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October 23, 2019, 09:41:57 PM

^^
I just don't believe or have to much faith in TA's they are like a newspaper fun to read and look at but +90% bullsh*t .....



Some hopium charts nice and cool, some bear charts look ugly as hell.... but for me its just HODL and believe that i'm doing the right thing as i'm been doing it for a few years... I have to admit that I don't have to much to regret so the TA's guys are happy, i'm happy everybody happy Cheesy


TA is everythieng in this game. so you must pay attention on it.

3k BTC WILL COME any day here
serveria.com
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Privacy Servers. Since 2009.


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October 23, 2019, 09:45:48 PM

^^
I just don't believe or have to much faith in TA's they are like a newspaper fun to read and look at but +90% bullsh*t .....



Some hopium charts nice and cool, some bear charts look ugly as hell.... but for me its just HODL and believe that i'm doing the right thing as i'm been doing it for a few years... I have to admit that I don't have to much to regret so the TA's guys are happy, i'm happy everybody happy Cheesy


TA is everythieng in this game. so you must pay attention on it.

3k BTC WILL COME any day here

3k is not scary... you should try harder... why not 1k?  Grin
Last of the V8s
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October 23, 2019, 09:46:36 PM

https://twitter.com/NickSzabo4/status/1187089734910136326
Quote
Privacy for layer 2? @chaumdotcom's blind signatures revisited:

Digital bearer certificates, trust-reduced and privacy-protected with Chaumian blinding:

https://opaque.link/post/scrit-vision/
Quote
Scrit has the potential to fulfill the necessary properties of a future oriented digital anonymous payment system. And we are thrilled to work on making it a reality.
kurious
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October 23, 2019, 10:13:29 PM


That's a good point. Though I suspect behind the scenes where the real practical regulatory discussions are taking place by analysts that bitcoin is still front and center.

Good point. There was an old cartoon about how would you like you cryptocurrency scare, terrorism or paedophilia flavored? I guess we can add facebook (or 'big tech'* in general) to the options now.



*To be clear, there's a lot about big tech that's a problem but using it for scaremongering is a nasty tactic.

Hey Richy - welcome back.  Good to see a real OG like you back in the WO.

Stick around, eh?   
yefi
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October 23, 2019, 10:15:59 PM

Meh.

This is fine.

Unpleasant, for sure... but still fine.

This needs to turn fairly soon though. A drop to high 6000s, sure; a drop below 6500, hmm, not so good.
kurious
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October 23, 2019, 10:22:06 PM
Merited by LFC_Bitcoin (1)

^^
I just don't believe or have to much faith in TA's they are like a newspaper fun to read and look at but +90% bullsh*t .....



Some hopium charts nice and cool, some bear charts look ugly as hell.... but for me its just HODL and believe that i'm doing the right thing as i'm been doing it for a few years... I have to admit that I don't have to much to regret so the TA's guys are happy, i'm happy everybody happy Cheesy


TA is everythieng in this game. so you must pay attention on it.

3k BTC WILL COME any day here

TA is 'everythieng'?

a) Learn to spell
b) TA that says '3K BTC will come' is not credible / risible / faulty TA
c) Just fuck off 'modpleasehelp' and BTW, the help you need is from a psychiatric practitioner.

Excuse the expletives and abuse my fellow WOs, but I am afraid this tosser totally deserves them.
jbreher
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lose: unfind ... loose: untight


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October 23, 2019, 10:31:25 PM

Offline payments for Lightning Network.

I thought we decided long ago that we didn't much care for custodial solutions?

Anyone who uses a 3rd party wallet for anything is using a custodial solution. If you want to use bitcoin for micropayments, crossing paths with a "custodial solution" (or in this instance, more accurately a LN node) is an inevitability. The blockchain is too big for everyone to walk around with their own full nodes all the time.

For everything else, there's SPV.

(note: not a custodial solution)
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