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

[serveria.com]

I'm certainly not going to buy "moar BTC" in case we'll go below $1k. Because that would mean BTC is dead. I'd just go down with the ship quietly... 

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[Cryptotourist]

What's this $1k bs I'm reading this morning?
Get a grip guys, you're scaring the noobs.

On the other hand, feel like front-running this:

[dragonvslinux]

What's this $1k bs I'm reading this morning?
Get a grip guys, you're scaring the noobs.

I don't think it's scaring the noobs, they all ran away when $6K was broken, then same deal with $9K level   Noobs will come back at $10-20K I'd imagine.
If Bitcoin price was a contest in doing something stupid (investing) for as long as possible (dollar cost averaging) - like standing in a ring weighed down, in a pool, touching a vehicle - we'd be on Day 2/3 by comparison I like to think. All the noobs would of already gone, with only the dedicated and hardened participants left.

[realr0ach]

What's this $1k bs I'm reading this morning?

The rise from $200 to $20,000 was entirely market manipulation on criminal exchanges like Bitfinex cooking the books, so the real 'bottom' could be anywhere if the manipulation ends to prop it up.  Have you never noticed the the #1 market maker exchange for Bitcoin is ALWAYS the most fraudulent, crooked one and NOT the seemingly legit ones like Bitstamp?  

First it was Gox, then it was Finex and similiarly crooked Chinese exchanges, and now it's Bitmex (a totally fake exchange), still Bitfinex and still crooked as ever, and Binance - financed entirely by Bitfinex's fake money they print out of thin air Tether, so Binance and Bitfinex might as well be the same exchange.  The Bitcoin market has never really had any sort of legitimacy because the market maker exchange is always some sort of Bernie Madoff scam.

[fillippone]

What's this $1k bs I'm reading this morning?
Get a grip guys, you're scaring the noobs.
<...>

Geopolitical news made investors going to buy safe investments.
Today Goldman Sachs told his client that: "Gold is a better Geopolitical hedge than Oil" and "Gold is the geopolitical hedge of last resort"

We found that spikes in geopolitical tensions lead to higher gold prices when they are severe enough to cause currency debasement (see “the geopolitical hedge of last resort”). This most often happens during wars or military escalations. Accordingly, we found that gold performed well, even controlling for real rates and dollar weakness, during the beginning of both Gulf wars and during the events of September 11, 2001. Therefore, additional escalation in US-Iranian tensions could further boost gold prices. All in all, we stick with our 3, 6 and 12m forecast of $1,600/toz but see upside risks if geopolitical tensions worsen.

We find that gold can effectively hedge against geopolitical risk if the geopolitical
event is extreme enough that it leads to some sort of currency debasement, and
especially if the gold price move is much sharper than the move in real rates or
the dollar.

So Gold is rising more than oil.
Digital Gold is raising more than physical gold.

[mindrust]

What's this $1k bs I'm reading this morning?
Get a grip guys, you're scaring the noobs.

Noobs will get scared of anything. That's why they are noobs. That's why they always get slaughtered.

There will always be some people who'll invest more than they could afford to lose and forced to liquidate their positions. That's how traders make their money from noobs.

[Cryptotourist]

I don't think it's scaring the noobs, they all ran away when $6K was broken, then same deal with $9K level   Noobs will come back at $10-20K I'd imagine.
If Bitcoin price was a contest in doing something stupid (investing) for as long as possible (dollar cost averaging) - like standing in a ring weighed down, in a pool, touching a vehicle - we'd be on Day 2/3 by comparison I like to think. All the noobs would of already gone, with only the dedicated and hardened participants left.

Maybe I should have said disorienting instead.
When people try to figure out what is BTC, they might get the wrong impressions if they read a discussion about $1k BTC.
Of course the members involved declared no fucking way, but it is my belief that most skip that part and wait for $1kBTC, which naturally will make them buy @$10k-$20k.

#

Noobs will get scared of anything. That's why they are noobs. That's why they always get slaughtered.

There will always be some people who'll invest more than they could afford to lose and forced to liquidate their positions. That's how traders make their money from noobs.

In that content, when $1k BTC?  Timber, weeeeeeeeeeeeeee.

[El duderino_]

@JJG

I have a 5 figure fiat sum in savings but effectively I’m ‘all in’ on bitcoin in the sense that 5 figures in GBP isn’t going to make my life, is it.

I am very comfortably in 6 figures with bitcoin (unrealised fiat GBP gains).

And I will reach my bitcoin number goal in the next 2 months

Or slower if BTC choses to MOON faster on the other hand it could be way faster as well if BTC wanna grab us by the nutsack for a period of time

But I do believe if we staying steady your goal will be reached whit-in this 2 months

-Do know when we hit 9K fast, then a portion gets lost by needing to pay a winner... so then that also needs to be recovered....

[El duderino_]

https://bitcointalk.org/index.php?topic=5214437.0
^

I'm still amazed a few of the amazing HAT-company-WO-thread are not on that damned list

for example... our very own headmaster, the little pony, r0ach <-- and so on

Though what would the nazi guess ?? and what TA, share of thought would he provide?? 


Still a few days to participate

[mindrust]

Noobs will get scared of anything. That's why they are noobs. That's why they always get slaughtered.

There will always be some people who'll invest more than they could afford to lose and forced to liquidate their positions. That's how traders make their money from noobs.

In that content, when $1k BTC?  Timber, weeeeeeeeeeeeeee.

What makes you think that I expect $1k?

[whiteboy420]

got stoped out of my short...... weeeeh.

hmm will reassess later.

hope the world will calm down a bit.

cheering for war to pump prices feels wrong.

[El duderino_]

got stoped out of my short...... weeeeh.

hmm will reassess later.

hope the world will calm down a bit.

cheering for war to pump prices feels wrong.

Nobody is saying or hoping for war .... and surely not as a motivator to pump the price.... even if an instant ATH would mean and require war and unnecessary casualties then NOT 1 (i'm for sure not) of the WO-members would be hoping for it. <--- insane thoughts

But some could discus is there a connection/reaction etc... I honestly don't think there is, but then again who am I... also just a fish not knowing anything.

You're back going short?

[Cryptotourist]

See how 3k and 14k look like mirror images? It looks like we have been stabilizing around $6.5-7.5k range for  the last 2 years. And I have a feeling these are the last moments we are seeing btc at these prices.

One more thing about this chart I forgot to mention.
If we assume the $600 buying range opportunities, and compare them with the $6000 range opportunities, you will see yet another confirmation of your statement.
Looks like we are set for a hot hot 2020 summer.

#

What makes you think that I expect $1k?

Absolutely nothing my friend, you made that pretty clear.

[mindrust]

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

It is happening.

[whiteboy420]

got stoped out of my short...... weeeeh.

hmm will reassess later.

hope the world will calm down a bit.

cheering for war to pump prices feels wrong.

Nobody is saying or hoping for war .... and surely not as a motivator to pump the price.... even if an instant ATH would mean and require war and unnecessary casualties then NOT 1 (i'm for sure not) of the WO-members would be hoping for it. <--- insane thoughts

But some could discus is there a connection/reaction etc... I honestly don't think there is, but then again who am I... also just a fish not knowing anything.

You're back going short?

1.We broke down 3-months consolidation and 200DMA -> I am assuming bear market till proven wrong.
2.With #1, it means $btc bull market failed to break previous ATH for the 1st time -> I am going to assume the first MACRO-BEAR market!


current plan is to watch the 200DMA retest and quite likely short it. (depending on the tape)







I still think i need to clarify.

pls realize the difference between assuming bear market for trading vs actually calling something like 1k.

Assuming bear market means I'm preferring to enter shorts on bounces vs buying dips, UNTIL TREND CHANGES.


Ps: How do i get a Profile picture ?

[El duderino_]

^
profile picture will be able after X-activity and I think 100 merit

[nutildah]

As far as ICOs go, this project is at the top, of course. They are very ambitious and they have a huge objective in mind – to be the world's first card of topological data. However, the technical part of this project is very interesting. I like the fact that this project takes the approach of creating a new payment mechanism, namely adaption of the current financial systems. This means that from the first payment the ICO will be working on the blockchain and with the ability to claim interest. This way, their project will be able to pay (out of)revenue – without a middle man. In fact, it means that a user can pay a third party with money (through the blockchain), have it credited to his account and then withdraw the money.


Perfect shitpost generator. Pretty soon the spambusters will have a whole new problem to solve on their hands.


Nutildah earns all his merits from both his Twitter and Instagram accounts, where he frequently posts pictures of himself playing with kittens and smoking a cigar.

"I prefer Twitter to Instagram as I am not on Facebook and I feel that is a lot less negative for my image," he explained.

READ MORE: South Africa also seeing an epidemic of 'me' youngsters – report

But either way, viewers can see that the self-proclaimed "funny cats" — with whom he has over 1,200 followers — aren't boring. And that he's not deterred from his childish jokes.

"As a cat lover, I love to see cats laugh. They are always more entertaining than me! No doubt about it."

[NeuroticFish]

^
profile picture will be able after X-activity and I think 100 merit

I think that these are the numbers:

Avatars
Full Member and up only.  
It must be no more than 120px wide, 80px tall, and 100 KiB in size. It must be a PNG, GIF, or JPEG image. It must be safe for work.

Rank	Required activity	Required merit
Full Member	120	100

[El duderino_]

https://m.youtube.com/watch?v=ocs9uv--i00

A joke, a truth, a classic ..... whatever it’s WO material 

https://twitter.com/nowthisnews/status/1214015509466886144?s=21

[realr0ach]

Though what would the nazi guess ?? and what TA, share of thought would he provide??  

Global debt of 260 trillion, so gold has to go up around 40x for a traditional 40% backing bringing it to $60,000 an ounce and silver $1200-$3000.  Of course in a tri-metal system of gold, silver, and copper all together, you could probably lower that gold number and have a lower silver and copper price as well.  You could also have a lot of the global debt evaporate in some sort of deflationary collapse and end up with a lower gold price too.  So it will probably be a combination of all those variables and you'll end up with something like $20,000 gold $400-$1000 silver in current purchasing power.