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

[Icygreen]

The truth is treason
To an empire of lies
Power in numbers

[1571879462]

1571879462

[1571879462]

1571879462

[1571879462]

1571879462

[mindrust]

I have one last big bag of fiat left for the low 6k region to purchase a nice sum of coins

Get as many coins as you can if it goes below $7k.


https://www.tradingview.com/chart/BTCUSD/JSP3KDmy-New-long-term-prediction-as-I-see-it-now/

$6-6.5k would be the deal of the century. Remember how fast btc went from $5-6k to $14k. Sooner or later (probably sooner) this is going to happen again. That money will come back. Then a lot more.

Why? Because, They don't have anywhere else to go.

[xhomerx10]

The Greta Thunberg Helpline has been launched to provide counseling services to middle aged men



More information here: https://youtu.be/gl99R6FM5s8

 


edit: oops forgot my link
Why being wrong is good for you.

[goldkingcoiner]

The truth is treason
To an empire of lies
Power in numbers

From my science side, I agree we need to stop trashing the planet. I don't want to breathe Asia's burnt chemical garbage into my lungs nor eat their plastic ocean waste whenever I want seafood. I think we all agree on this part.

[serveria.com]

via Imgflip GIF Maker

Bouncing a few days, Bitcoin has fun.

OMFG noice 

[LFC_Bitcoin]

Observing -

[LFC_Bitcoin]

The ratings and comments system of The Silk Road proved that an unregulated market for drugs protected consumers where prohibition has failed.

Bitcoin + home delivery protected consumers from street violence and reduced territory based gang violence.

#FreeRoss

@PeterMcCormack
https://twitter.com/petermccormack/status/1178303526394482688?s=21

[teosanru]

Current situation really doesn't looks good as we are at a cliff hanger standing at this support of 7500-7700 which is creating a large descending triangle larger than the one which we already broke. This isn't good because if we break this then next possible target downwards would be 5800-6000 levels which will create a parallel descending channel for btc signifying another long bear run once again. So I think I would stay away from the market as of now. Even the MACD Crossover on 4h chart wasn't helpful. Red bells are ringing.

[goldkingcoiner]

The ratings and comments system of The Silk Road proved that an unregulated market for drugs protected consumers where prohibition has failed.

Bitcoin + home delivery protected consumers from street violence and reduced territory based gang violence.

#FreeRoss

@PeterMcCormack
https://twitter.com/petermccormack/status/1178303526394482688?s=21

Ross got caught planning a murder with an undercover cop. Fuck Ross. Although I agree with the first part of it protecting consumers. If you ignore the blood spilled by the cocaine/heroin cartels. The illegality of drugs is the problem. And dark web does not solve it perfectly. The upside is the protection of consumers with the downside being money sent easily and anonymously to people who can and will kill.

[LUCKMCFLY]

Current situation really doesn't looks good as we are at a cliff hanger standing at this support of 7500-7700 which is creating a large descending triangle larger than the one which we already broke. This isn't good because if we break this then next possible target downwards would be 5800-6000 levels which will create a parallel descending channel for btc signifying another long bear run once again. So I think I would stay away from the market as of now. Even the MACD Crossover on 4h chart wasn't helpful. Red bells are ringing.

I have noticed that now there are many important movements in the market on weekends, although the market is open 24 hours a day, those interested in moving the price are starting to do it early ... This happened a few months ago.

[vapourminer]

Its mental health day
On the WO thread
Who wants to trade meds?

the whites are uppers
the paper is LSD
the reds are downers

the best combo is
seven whites ones and four hits
four red and all set

[realr0ach]

Difficult news but nice comments: https://old.reddit.com/r/Bitcoin/comments/da1xtl/lightningdev_full_disclosure_cve201912998/.

Where is your false god Satoshi now, goyim?

[Fatman3001]

So, will the price glide down gracefully within the next few days or will it just crash immediately after 24.00 CET?

[Dunkelheit667]

Inspired by HairyMaclairy, I fed Excel with some data and generated this spreadsheet. I'm sure it's just noise. However...   If you sold BTC on Tuesday before the expiry of the future and used the fiat to buy BTC on the expiration day (Friday), you could on average buy 2.5% more BTC back. If you used 1 BTC for this kind of accumulation in 2018, this would have resulted in 1.3 BTC by the end of the year. In 2019 (starting again with 1 BTC) in 1.22 BTC so far.

I'm working on a similar spreadsheet for the first, second and third week of the month, let's see what these look like...

Time for my hodl sleep.

Well, this was fun, a lot of noise. However...   If someone sold BTC on Tuesday two weeks before the expiry of the monthly CME Future and used the fiat to buy BTC on the same week on Friday, he/she/it could on average buy 2.98% (2018) or 2.36% (2019 so far) more BTC back.

Rinse and repeat in the expiration week and add another 2.50/2.22%.

Noise:

[realr0ach]

Ross got caught planning a murder with an undercover cop. Fuck Ross.

Except there was not one, but TWO dirty cops working the case and tampering with/forging logs and evidence, which in any other trial would have caused it all to be thrown out.  The only people for who it's even possible to know if that charge is true are the dirty cops and Ross Ulbricht himself.  The charge is a black box in other words which is undecipherable by anyone in the real world.  The duty of the court is to err on the side of letting guilty walk free over letting innocents go to prison if evidence is lacking and it's nothing more than a coin flip.

But he obviously did do illegal things and was caught, yet he tried to plead not guilty, so instead of throwing out the entire case of the state due to tainted evidence, they just rigged the case to auto convict him for all charges.  If he pleaded guilty to something like assisting drug distribution but not attempted murder, then it might have worked out better for him, but maybe not.

[jojo69]

You can't never predict the price of the bitcoin...

[mindrust]

We are back in the accumulation zone. More time to increase your stash before the halvening. I am fine with that.


https://www.moonmath.win/

[dragonvslinux]

As for the most recent poll, I'd say between $8,500-$9,000 based on the following analysis. Either that or sub $8K in a bad way.




Also a 5 Part TA series on descending triangles from last couple of weeks, breaking down the breakdowns on Bitcoin's price history.
Half of them are playing out nicely. The others aren't wrong yet either. Thought this might be the sort of place to share them. I have no cap though sorry.

Own work: dragononcrypto

[jojo69]

The truth is treason
To an empire of lies
Power in numbers

From my science side, I agree we need to stop trashing the planet. I don't want to breathe Asia's burnt chemical garbage into my lungs nor eat their plastic ocean waste whenever I want seafood. I think we all agree on this part.

so much this

Climate doesn't matter, all you have to to is tear you eyes off of your fucking 3" screen and look the fuck around you to see that we are being totally irresponsible.  So many people that purport to be "conservative" treat the natural world like some magic inexhaustible daddy's wallet they can just keep mooching off forever.

[Globb0]

Hmm

I'm hopping for this chart