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

[serveria.com]

https://twitter.com/CryptoHornHairs/status/1195723177957167104

I still remember the exact moments of each of these stop runs on $BTC during 2017. Each turned out to be a turning point and end of a corrective period in the larger bull run.

I can't help but think we saw the exact same thing happen recently, just on the weekly chart.

We can continue like this +/- 8,500 and stay here until the end of the year or we can take off at any time, I prefer to think that we will take off soon.

The example of 2017 can happen again.

Hodl.

My prediction still stands. New ATH later this year (December). Go BTC go!

[JSRAW]

Molly? mimic? Harlem? wtf you all on about? stop speaking in riddles. clear and effective communication if you'd be so bloody kind.

In other grumbles, I am getting increasingly tired of William Dalrymple and his liberal whimperings. The conclusions are a spew of vicious socialism designed purely to skew the election. Just because these fuckers were regularly buggered up the arse by their monks doesn't mean they have to try and force their communist muddleheadedness down peoples' throats. JSRAW I suppose he's practically worshipped over there eh? Well

Dalrymple steers his conclusion toward a resonant denunciation of corporate rapacity and the governments that enable it. This story needs to be told, he writes, because imperialism persists, yet “it is not obviously apparent how a nation state can adequately protect itself and its citizens from corporate excess”. And it needs to be read to beat back the wilfully ignorant imperial nostalgia gaining ground in Britain and the poisonously distorted histories trafficked by Hindu nationalists in India. It needs to be read because with constitutional norms under threat in both countries, the defences seem more fragile than ever.

completely misses every point of importance ever.

His target audience are from West. Indians generally don't appreciate when any western historian tells us how bad was the Empire. after all We have first hand experience

About buzzwords Hindu nationalist and Distortion of history. India is old but for liberal historians India's history starts from Mughal Empire which ends with British. they don't want complete history because it doesn't suits their Narrative in India. Many portrays only lovey dovey picture of Islam in Indian subcontinent but in reality its brutal, filled with blood. if it wasn't for Hindus and later Sikhs, India could have turn into Islamist country long ago just like other nations and then there would be no such thing as constitution or other big words. India is fine as long as it has Hindu roots.

With 1000 years of long Islamic history in Indian subcontinent only couple of Mughals are celebrated in India and considered Indians not conqueror, it's another debate that they were ruthless but at least they didn't looted India. having said that We still have fair share of nut jobs who create problem and thinks Muhammad bin Qasim, Muhammad Ghori or Aurangjeb are their hero. Its like Chinese going into Yasukuni Shrine and paying respect, or I am saying British Empire and Churchill were my saviour and Jews admiring how effectively Hitler killed them.

 
One example of selective history from Liberal Mind. Same guardian article you quoted

As to the Battle of Plassey of 1757, which won the company control of Bengal and which generations of British schoolchildren would memorise as a glorious imperial victory, the real story was substantially more complicated. The volatile, widely disliked Nawab of Bengal, Siraj ud-Daula, had made an intractable enemy of Bengal’s Marwari bankers, the Jagat Seths, who saw better prospects in investing with the East India Company than supporting him. The Jagat Seths offered the company more than £4m (about a hundred times that in current terms, reckons Dalrymple) to unseat Siraj ud-Daula and install a compliant collaborator in his stead. Clive, who stood to make an immense personal fortune, gladly accepted. Plassey was in truth a “palace coup”, executed by a greedy opportunist, won by bribery and betrayal.

This article mentioned only one name and left out other Main conspirators. One "collaborator" was Mir Jafar who was the key person. just to give you example how important this details is, if you want to piss any one from Indian subcontinent (Indian, Paki, Bangladeshi) just say " you are Mir Jafar" they would lose their shit. But History is game of Narrative so not surprised how he left other names and connected the dot from Banker to corporate etc.

 

[VB1001]

1,000 new machines deployed since June

https://cointelegraph.com/news/bitcoin-atms-worldwide-hit-new-milestone-surpassing-6-000

[Phil_S]

I don't have much hopes for the rest of 2019, but maybe we'll get out of that cursed range by January.

[VB1001]

^
This would be the rational way to do it.

[Last of the V8s]

Thanks JSRAW nice to see you make an effort pretty interesting too.
sorry out of merits, maybe someone will help you out...

[afbitcoins]

Bitcoin can't even agree a block size modification without splitting into multiple parts. In fact BCH and BSV are bitcion. Your idea makes no sense.

Sell, wait for 3200 and then buy bitcoins. In altcoins there is no sense at all, bitcoin will screw everything if necessary: masternodes and instantsend from DASH, side chains and DEX from Komodo, a large block from BSV, smart contracts from BCH, etc. Altcoins are only needed for testing new technologies

[serveria.com]

^
This would be the rational way to do it.

As you know, BTC is not always rational... 

[LFC_Bitcoin]

finally there is some volume. big pump incoming.

Bitcoin can't even agree a block size modification without splitting into multiple parts. In fact BCH and BSV are bitcion. Your idea makes no sense.

Sell, wait for 3200 and then buy bitcoins. In altcoins there is no sense at all, bitcoin will screw everything if necessary: masternodes and instantsend from DASH, side chains and DEX from Komodo, a large block from BSV, smart contracts from BCH, etc. Altcoins are only needed for testing new technologies

[Arriemoller]

^
That’s a wine dumbass 

No, it's a white russian with a glass of champagne.

[Negotiation]

finally there is some volume. big pump incoming.

Waiting for big pump $100k soon same to hoping that follow with 4hour candle.

[Negotiation]

This article mentioned only one name and left out other Main conspirators. One "collaborator" was Mir Jafar who was the key person. just to give you example how important this details is, if you want to piss any one from Indian subcontinent (Indian, Paki, Bangladeshi) just say " you are Mir Jafar" they would lose their shit. But History is game of Narrative so not surprised how he left other names and connected the dot from Banker to corporate etc.

If "Mir Jafar" were alive today, he would have given you a Nobel by seeing this post  very historically added new one "Ghaseti Begum"

[El duderino_]

Not being to much on the forum, but having an very nice day hanging around with Globb0 and his better half in Holland

 

[El duderino_]

Lebanon in Crisis, the people with money in banks are likely going to be taking a "hair cut". Nassim Taleb recommends Bitcoin.

https://twitter.com/redditbtc/status/1195999403653390336?s=21

[JayJuanGee]

Whats up Cryptotourist.

Can we have the old Lambie back now?

Yep... it can be a bit strange that some of the down-caller wanna be sorcerers come in to this thread and amp up their BTC DOWN calling after there has already been a considerable correction, as if they were trying to get others to sell at the bottom, and surely they could end up  being correct (but not high odds of such like they are trying to proclaim "inevitable down"), but they seem to be trying to get the BTC price to go down rather than really making any kind of meaningful accurate and/or objective BTC price prediction as they are trying to portray.  

And, part of the problem is that the BTC price may or may not go down further, but if anyone was going to sell some or all (never go full fiat), they should have done so before the then current correction location, which was already considerably down.  In this case, we had an upsurge from $7,300 to $10,300, so if there is a lot of calling of down in the price range of $8,450, then there has already been a short term BTC price correction, from that spot of 18%, and if we are looking at the other more recent tops of $13,880 and $19,666 then we are seeing correction ranges of 40% and 67% respectively, which should cause inspiration to act upon or create BTC buying plans (even at the then current price) rather than any kind of thoughts about selling BTC or waiting to buy.


Anyhow, TLDR, if they are effectives in their bullshit convincing of others to either sell BTC or wait to buy BTC at a lower price (that never comes), they are seemingly more likely to cause scared peeps to sell at the bottom or to fail to buy a sufficient amount of BTC rather than causing those same scared peeps to be able to buy BTC lower, as they fantasize about both not losing more value and trying to make some more BTC (which has decent chances of the opposite results).

[JayJuanGee]

Bitcoin can't even agree a block size modification without splitting into multiple parts. In fact BCH and BSV are bitcion. Your idea makes no sense.

Sell, wait for 3200 and then buy bitcoins. In altcoins there is no sense at all, bitcoin will screw everything if necessary: masternodes and instantsend from DASH, side chains and DEX from Komodo, a large block from BSV, smart contracts from BCH, etc. Altcoins are only needed for testing new technologies

There is no need for unity.

That was the great forkening of 2017.  Old news, and the dumbass forkers lost, which largely demonstrated that no such blocksize modification was necessary, beyond what was achieved.  Remember segwit?  That ended up facilitating a decent amount of block size modification, amiNOTrite?

[edited out]

What LFC said.

[gembitz]

Whats up Cryptotourist.

Can we have the old Lambie back now?

Yep... it can be a bit strange that some of the down-caller wanna be sorcerers come in to this thread and amp up their BTC DOWN calling after there has already been a considerable correction, as if they were trying to get others to sell at the bottom, and surely they could end up  being correct (but not high odds of such like they are trying to proclaim "inevitable down"), but they seem to be trying to get the BTC price to go down rather than really making any kind of meaningful accurate and/or objective BTC price prediction as they are trying to portray.  

And, part of the problem is that the BTC price may or may not go down further, but if anyone was going to sell some or all (never go full fiat), they should have done so before the then current correction location, which was already considerably down.  In this case, we had an upsurge from $7,300 to $10,300, so if there is a lot of calling of down in the price range of $8,450, then there has already been a short term BTC price correction, from that spot of 18%, and if we are looking at the other more recent tops of $13,880 and $19,666 then we are seeing correction ranges of 40% and 67% respectively, which should cause inspiration to act upon or create BTC buying plans (even at the then current price) rather than any kind of thoughts about selling BTC or waiting to buy.


Anyhow, TLDR, if they are effectives in their bullshit convincing of others to either sell BTC or wait to buy BTC at a lower price (that never comes), they are seemingly more likely to cause scared peeps to sell at the bottom or to fail to buy a sufficient amount of BTC rather than causing those same scared peeps to be able to buy BTC lower, as they fantasize about both not losing more value and trying to make some more BTC (which has decent chances of the opposite results).

rebuy under 1k reeee

[Negotiation]

Lebanon in Crisis, the people with money in banks are likely going to be taking a "hair cut". Nassim Taleb recommends Bitcoin.

https://twitter.com/redditbtc/status/1195999403653390336?s=21

Yaeh i also recommended store bitcoin   ignored Tax 
No Tax, No fees used bitcoin .
  1Bitcoin=1Bitcoin

[OROBTC]

Lebanon in Crisis, the people with money in banks are likely going to be taking a "hair cut". Nassim Taleb recommends Bitcoin.

https://twitter.com/redditbtc/status/1195999403653390336?s=21

For years I have had the highest respect for N. N. Taleb.  He was the guy who wrote the book (The Black Swan), as well as some others on finance and how so many "experts" are complete phonies.

Fooled by Randomness (I would start with this one if interested in his ideas) and Antifragile are also extremely good reads of his.

A "Black Swan" is an unexpected, low probability event (usually negative) that has a large impact.  Think 9/11...  Unexpected.  "Low Probability" (impossible to predict).  HUGE impact.

[Negotiation]

Bitcoin miners don't "solve complicated math problems."
They make 100,000,000,000,000,000,000 guesses per second @ permutations of an 80 byte block header until they find one with a hash that has enough leading zeroes.
Not complicated.
Not a math problem.
Just a lot of hard work.
Source: https://twitter.com/lopp/status/1196061031979765761


any one explain me '80 byte block' means?