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Question: How long until 70K (credit: Heslo)
1 week - 18 (21.7%)
1 month - 53 (63.9%)
1 year - 0 (0%)
the top is in - math and science confirms it - 12 (14.5%)
Total Voters: 83

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25262501 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. (157 posts by 13 users deleted.)
Hyperjacked
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It's all mathematics...!


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December 14, 2019, 09:35:51 PM

Nice.  But I'd never take one indicator by itself, its all part of the picture.    His Bolinger bands can be working just fine and we can scrape along the bottom for 6 months I guess.     Using daily bars like that is kinda short term so yea we're nearer to the bottom of the band, seems fair.

TA Should be a mosaic imo but bb the shizzle wit da sizzle!
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vapourminer
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what is this "brake pedal" you speak of?


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December 14, 2019, 09:42:48 PM
Merited by JayJuanGee (1)

Requesting to add
#coloscophobia

I had coloscopy once, without any meds or narcotics. I certainly didn't enjoy it, but it also wasn't a very bad experience at all. A couple of kinda numb feeling pinch-like shoots of light to medium pain sensations, nothing that gets you worried. The "hose" is 10mm thin, so even thinner than an index finger.
Get over your fears and get it done. Don't worry you might enjoy it, because you won't.
Taking pills before coloscopy is something for the ladies  Grin
(sorry ladies, no offense)

one word: proponfol. youll never know it happened.

if it was good enough to kill michael jackson, its good enough for me.
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December 14, 2019, 09:54:09 PM

Nice.  But I'd never take one indicator by itself, its all part of the picture.    His Bolinger bands can be working just fine and we can scrape along the bottom for 6 months I guess.     Using daily bars like that is kinda short term so yea we're nearer to the bottom of the band, seems fair.

TA Should be a mosaic imo but bb the shizzle wit da sizzle!

Most of it's crap. Jonoiv sold at 6k because of some Elliot wave crap, then it went to 14k.

...

I was about 90% until we hit 6000.  then I was'nt sure about this rally at all so sold for now.  



...this is a typical phase B of the elliot wave, and the volume confirms it.  

JayJuanGee
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December 14, 2019, 10:21:54 PM

Ouch.

Didn't Hairy say something about middle december dump?

The good thing about dumps is the following pump... unless another dump follows.

Bleh, it's been long time since I don't have any idea what the price gonna do, so let's just let it be. This is fine.

I thought that a week or more ago, the longs out numbered the shorts, so if we can  get the shorts to out number the longs, then wouldn't that provide REKKening fuel?



Are we there yet?


Not there yet?

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December 14, 2019, 11:17:46 PM

Ouch.

Didn't Hairy say something about middle december dump?

The good thing about dumps is the following pump... unless another dump follows.

Bleh, it's been long time since I don't have any idea what the price gonna do, so let's just let it be. This is fine.

I thought that a week or more ago, the longs out numbered the shorts, so if we can  get the shorts to out number the longs, then wouldn't that provide REKKening fuel?



Are we there yet?


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December 14, 2019, 11:32:50 PM

This is it. - Bye Crypto


https://www.youtube.com/watch?v=cf3lgs_fFnM

Can't Hear You Now - Mike Shinoda


Shinoda  Roll Eyes
He's a genius at making beats and sound, but the rap is meh and the music is even weaker than linkin park's last album.
I'm a big fan of shinodas remixes and LP in the older days, tho.
The video is just  Huh sooo 80's, but digital.
Thanks for sharing, Bitcoin is ded.

EDIT: Wait?!
One of the Kryptonians, again?
This is almost like bitcointalk-herpes.
To me, this is one of the best remixes ever (easy, when the original material is so good):

https://youtu.be/ofrB6OCSsgk

This is how I got to know Shinoda.


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December 14, 2019, 11:53:32 PM
Last edit: December 15, 2019, 12:09:59 AM by HairyMaclairy
Merited by El duderino_ (3)

Bitfinex long / short ratio now over double previous ATH.  Was about 3.5 to 1, now 7.6 to 1.

Bitmex funding costs haven't moved.  In fact, demand for shorts exceeds demand for longs (shorts pay longs).  Something is fucky.



https://i.imgur.com/zg4Iw4c.png
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December 15, 2019, 12:00:17 AM

Bitfinex long / short ratio now over double previous ATH.  Was about 3.5 to 1, now 7.6 to 1.

Bitmex funding costs haven't moved.  Something is fucky.


Why funding cost didn’t spike this time in your opinion?
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December 15, 2019, 12:03:36 AM
Merited by JayJuanGee (1)

Mainstream headline follow up to the idea of dead mans switch.   $145m is alot of people losing their jobs or capital I guess, cant be a feasible scenario for a company to allow as even remotely possible.     



https://us.cnn.com/2019/12/14/business/lawyers-exhumation-gerald-cotten-intl-scli/index.html
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December 15, 2019, 12:04:05 AM
Merited by El duderino_ (3), bitserve (1)

According to the 2015/16 fractal, we are on target.




https://i.imgur.com/NusTvTY.png
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December 15, 2019, 12:09:23 AM
Merited by El duderino_ (3)

CME Futures are responding well to the support line (shown in orange)



https://i.imgur.com/6heDkHD.png
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December 15, 2019, 12:27:53 AM
Merited by HI-TEC99 (1)

I had coloscopy once, without any meds or narcotics. I certainly didn't enjoy it, but it also wasn't a very bad experience at all. A couple of kinda numb feeling pinch-like shoots of light to medium pain sensations, nothing that gets you worried. The "hose" is 10mm thin, so even thinner than an index finger.
Get over your fears and get it done. Don't worry you might enjoy it, because you won't.
Taking pills before coloscopy is something for the ladies  Grin
(sorry ladies, no offense)

EDIT: Just saw the dump. Unexpected, but not that of a surprise, too. #hodl on!

Civilized colonoscopies are done with intravenous diazepam, inducing a dreamlike half sleep which allows you to watch the procedure on the monitor without any discomfort. You don't even feel the insertion.

The worst part is the day before, evacuating your colon with a gallon of disgusting fruit-flavored laxative/electrolyte solution and shitting increasingly lighter-colored liquids until it's clear.

Not to mention the farting that follows...

Haven't had a colonoscopy myself, but have witnessed the aftermath. I remember waiting in a queue at a hospital, to see a gastroenterologist. There were two guys there, one had finished a colonoscopy and was recovering, and another one waiting to have one. The first guy said to us that he was soon going to start farting (the nurse had told him he had to let it all out) and apologized for this. Man, this was something. He started a non-stop farting concert, so long and loud, it was like he was first violin in the Vienna Philharmonic. All of us in the room were crying from laughter. Then the doctor came and said they had run out of normal "tubing" and had to use the "anaconda" (whatever that means). The guy that was waiting for the colonoscopy got scared and left shouting "I ain't doing this shit!"

Damn, that was an experience I'll never forget.
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December 15, 2019, 12:40:43 AM
Merited by JayJuanGee (1)

Will Craig Wright use his "exploit" to take down Bitcoin (BTC) by end of 2019?

"Craig Wright says he has an exploit to take down Bitcoin (BTC) by end of 2019. Does he? Or all talk?"

https://youtu.be/4TOnHAlI_Vg

WTF? I hope it's just Craig Wright talking out of his ass...

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December 15, 2019, 12:48:01 AM



Ouch... Though I don't prefer to be the bringer of negativity, bitcoin is among the highest of the high-risk investment category. If there's a market sell-off, BTC, now inexorably tied with Wall Street, will be one of the first assets to suffer a major sell-off, as big-time investors (however ironically) plow their money into cash.

- stocks go down
- dollar becomes stronger
- Fed prints dollars
- stocks go up
- a bubble pops
- stocks go down
- dollar becomes strong
- Fed prints dollars
- stocks go up
- etc.

Apparently they can just keep doing this forever, and the cycle will continue forever... I'm not wrong until proven otherwise. The dollar is the worst form of currency except for all of the others, BTC included.

The case for BTC being some sort of alternative store of value to the dollar just isn't there yet, IMHO. Speculators have to get out first, which as we all know, isn't happening any time soon.

Ouch, that does sting a little. The real fear comes with a second drop below 6400  Cry
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December 15, 2019, 01:35:20 AM

Ouch.

Didn't Hairy say something about middle december dump?

The good thing about dumps is the following pump... unless another dump follows.

Bleh, it's been long time since I don't have any idea what the price gonna do, so let's just let it be. This is fine.

I thought that a week or more ago, the longs out numbered the shorts, so if we can  get the shorts to out number the longs, then wouldn't that provide REKKening fuel?



Are we there yet?


Not there yet?


We are far from there. For that to happen, the margin longs should be squeezed first and way more shorts need to be piled up.

Maybe it is true we need to go to $6.5K first.
 
As Hairy says we are on schedule on the road to halving.

In a few months everything will be revealed.
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December 15, 2019, 01:43:24 AM

Now that we're in the vortex, you wanna quit?

Fucking LOLing over here. Bravo. Have a great weekend.

Thanks Bob, you too.

Having just watched a clip of that scene makes me want to rewatch the whole thing. I've probably seen it 5 times but am due for another viewing.

For those missing the context:

https://www.youtube.com/watch?v=gP8_w1J5raY


If it wasn't for this thread I would have never seen this killer movie!


AFA price...

If my wallet is any indicator and it usually is then we are in for a reversal soon as I lost all my play money at the tables this week and have to be all responsible and shit till the end of the quarter. So I shall miss the opportunity this represents. Its interesting that I seem to have a inverse relationship with buying opportunities. I'm always flush when we are at peaks and tight in the valleys of death. Cheesy
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December 15, 2019, 01:50:06 AM
Merited by Hueristic (1)

I lost all my play money at the tables this week and have to be all responsible and shit till the end of the quarter.

Buy buy buy!!!!!  Tongue
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December 15, 2019, 02:00:44 AM



Ouch... Though I don't prefer to be the bringer of negativity, bitcoin is among the highest of the high-risk investment category. If there's a market sell-off, BTC, now inexorably tied with Wall Street, will be one of the first assets to suffer a major sell-off, as big-time investors (however ironically) plow their money into cash.

- stocks go down
- dollar becomes stronger
- Fed prints dollars
- stocks go up
- a bubble pops
- stocks go down
- dollar becomes strong
- Fed prints dollars
- stocks go up
- etc.

Apparently they can just keep doing this forever, and the cycle will continue forever... I'm not wrong until proven otherwise. The dollar is the worst form of currency except for all of the others, BTC included.

The case for BTC being some sort of alternative store of value to the dollar just isn't there yet, IMHO. Speculators have to get out first, which as we all know, isn't happening any time soon.

Totally agree.

Bitcoin hasn't experienced a big market sell-off yet as it was born after the last one. So we don't really know how it would react but the most probable scenario is what you are saying. At least on the first stages of a financial crash, maybe it would recover faster than other assets though.

Let's just hope we don't have to experience that any time soon.
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December 15, 2019, 02:32:00 AM
Last edit: December 15, 2019, 03:01:51 AM by STT
Merited by Hueristic (1)

If it wasn't for this thread I would have never seen this killer movie!

Truely this would be an injustice.   A fine documentary first written by Hunter S. Thompson and then Terry Gilliam of the Monty Pythons.   Somehow Thompson was a viable candidate for Sheriff at one point I read, extensive firearms experience is a qualification I guess.

https://www.youtube.com/watch?v=etYed15hjiM  https://en.wikipedia.org/wiki/The_Battle_of_Aspen


Quote
- dollar becomes strong

Thats where its unlikely to continue as its a developing situation we cant expect every iteration to be a repeat, more of an expanding spiral.   Japan is further down the yellow brick road but also a variation on the theme, the main reason its held together this long is via usage of pension funds especially government as forced buyers into QE programs.   Its not what I would call a strong dollar more that every other currency does not want to be the nail that sticks out and catches the hammer, e.g. Swiss francs are now backed by Apple shares as an asset.    Formerly a gold standard upto 20 years ago, we live in interesting times.



I meant to do this on Bitstamp graph but it dont matter too much when its just a rough idea.  Bullish when we are no longer so orderly filing downward.
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December 15, 2019, 03:43:18 AM

..... violent winds rip from my anus, with the staff's blessings, makes me feel unbelievably alive.

Nothing better than that first major fart you let loose after a scoping, but I digress...

 For me the worst part came afterward.  I could not expel the air they had used to distend my bowel and I had quite a bit of discomfort.  .......I still had all the gas I started with. .....
............


Now it's fart talk...gotta love the wo....
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