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Question: Did we reach the bottom already?
Yes - 60 (50%)
No, it's coming later this year - 44 (36.7%)
No, it's coming next year or after - 16 (13.3%)
Total Voters: 120

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25891936 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. (170 posts by 5 users with 9 merit deleted.)
VB1001
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January 11, 2020, 08:21:09 AM

New Data Suggests Bitcoin and Gold Aren’t as Correlated as You Think


Quote
Gold prices from April 2013 until Christmas 2019

Quote
WTI Oil Prices from April 2013 until Dec. 25, 2019

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Cumulative return of investing in gold, oil and bitcoin in April 2013 sample until Christmas 2019

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Bitcoin’s (BTC) classification has been a controversial and difficult topic for crypto-enthusiasts, investors, and regulators to reach a consensus on. The digital asset has been compared to a currency, a commodity, an investment asset or even said to have no underlying value. However, from the perspective of regulators, Bitcoin has been mostly associated and studied as a commodity, especially in relation to gold. In fact, many times Bitcoin is referred to as the “new gold” or “digital gold.”

https://cointelegraph.com/news/new-data-suggests-bitcoin-and-gold-arent-as-correlated-as-you-think
"With e-currency based on cryptographic proof, without the need to trust a third party middleman, money can be secure and transactions effortless." -- Satoshi
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1670593273
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xhomerx10
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January 11, 2020, 08:56:16 AM
Merited by vapourminer (1)

On the bad side I just found out Neil Peart is dead. There goes my hero.


 One of the all-time greatest!  Neil Peart inspired my younger brother to take up the drums.  Lots of fond memories. 

Quick to judge, quick to anger, slow to understand. Ignorance and prejudice and fear walk hand in hand.
-Neil Peart

RIP
Globb0
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January 11, 2020, 09:18:07 AM


Your nerdiness isnt a question at this point, its well established.  Kiss Now do what you do best and get back to sifting through girly travel instagram pics for some cool poser pics to impress people who cant right click.  Cheesy

Let's not be too kind to the relevant instaslut with inappropriate words such as "girly". I bet she's over 45.

This is her best side, apparently
VB1001
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January 11, 2020, 09:22:15 AM

Neil Peart

https://en.wikipedia.org/wiki/Neil_Peart
Last of the V8s
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January 11, 2020, 09:22:32 AM
Last edit: January 11, 2020, 09:37:23 AM by Last of the V8s

Most of you are legends, ...
Legendary status correlates to making many posts [...]

Nowadays, yes. While collecting merits. But there are members that got legendary for mostly just being around a lot, pre-merit era. Although I believe the merits are serving their purpose for more quality posts, the most wordy are not almost contributing the most.

Believe lurking should be rewarded as well. Would like to be able to hand out more merits to quality posts, while not being an active poster myself.
If you want to be a merit source:

 1. Be a somewhat established member.
 2. Collect TEN posts written in the last couple of months by other people that have not received nearly enough merit for how good they are, and post quotes for them all in a new Meta thread. The point of this is to demonstrate your ability to give out merit usefully.
 3. We will take a look at your history and maybe make you a source.

I am especially eager to have merit sources in sub-communities such as the local sections.

Apply to be a source. Not only will you be able to do as you desire there^, but your knob will be that much shinier.
Suggest you 1. get on with it, as spaces for applicants are filling up, 2. advertise your thread here and the local section, as we are nothing if not parochial er fraternal and 3. be patient as admin only looks at the whole question every few months.


btw same goes for VB1001 (bitserve too lazy?), JSRAW, ivomm etc would heartily recommend
VB1001
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January 11, 2020, 09:42:55 AM

btw same goes for VB1001 (bitserve too lazy?), JSRAW, ivomm etc would heartily recommend

I don't think so, for me this thread is like being at home, I will simply walk outside to keep my 2 favorite threads updated (Bitcoin Prehistory/List Exchanges Hacked) and collaborate in my local section, to return home quickly. Cheesy
dragonvslinux
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January 11, 2020, 10:07:33 AM

Decided as of Monday I'll be bearish  Grin



New target: $5,600, until proven otherwise. Fits with the bear channel we're in that everyone else has already identified.
Going to put my short-term bear cap back on folks.


Mmmhhh, what has changed your mood about it? That channel was already there. The only news of the past few days is that after the pump to 8.4K it retraced to retest 7.8K as expected and bounced back nicely. Next step could be some sideways and maybe then breaking upwards outside the channel.

I mean, it could also go back down as you say, but TA (if that's what you prefer) hasn't changed and price dynamics have been very positive lately.

$5.6K looks bearish AF at this time but hey, everything is possible.

Sometimes placing an order (or a short) can change an otherwise seemingly reasonable person's perspective, even though the facts may not have changed as much as the fact as their book has changed.   Hahahahahahaha  ..

I don't see a bull market on the Daily charts, although I can obviously see the argument on a Weekly/Monthly time-scale.
I just see shorting bear-cross resistance of long-term MAs as high probability scenarios, same as longing bull crosses for that matter (when price is re-testing that is).

TLDR:  pre-emptive "sorry for your loss dragonvslinux" (ditto whiteboy420).(not really). shouldn't be shorting king daddy in a likely bull market.   Cheesy Cheesy Cheesy

That's what everyone said last time at $9,500, telling me I just draw squiggly lines that make no sense and we're going to the moon.

]

While it turned out to be one of my best short-trades, probably because of the high-risk Cheesy Cheesy
nutildah
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January 11, 2020, 10:12:23 AM

I don't think so, for me this thread is like being at home, I will simply walk outside to keep my 2 favorite threads updated (Bitcoin Prehistory/List Exchanges Hacked) and collaborate in my local section, to return home quickly. Cheesy

I've always liked this thread since I first set foot in it, about 13 months ago. It does have a bit of a cozy feel to it. Though sometimes I (and perhaps a few others) bark like the house bulldog when a visitor pisses me (us) off.

Whats funny is I tried to get Flying Hellfish to post more in here as I thought he would fit in quite nicely, but he told me that this thread scares him. I asked him "why", and he said its because technical analysis scares him. So, its not for everybody, I suppose.
Last of the V8s
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January 11, 2020, 10:32:09 AM
Merited by JayJuanGee (1)

I don't think so, for me this thread is like being at home, I will simply walk outside to keep my 2 favorite threads updated (Bitcoin Prehistory/List Exchanges Hacked) and collaborate in my local section, to return home quickly. Cheesy

I've always liked this thread since I first set foot in it, about 13 months ago. It does have a bit of a cozy feel to it. Though sometimes I (and perhaps a few others) bark like the house bulldog when a visitor pisses me (us) off.

Whats funny is I tried to get Flying Hellfish to post more in here as I thought he would fit in quite nicely, but he told me that this thread scares him. I asked him "why", and he said its because technical analysis scares him. So, its not for everybody, I suppose.
How can you be scared of a stupid thing like that?
Oh I;m scared of homeopathy, oh and flat-earthers, astrololligists etc.
Probably some kind of liberal. Well we got too many of them. Tell him fuck off, stop dreaming like a little girl and grow some fiscal responsibility.
Bossian
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January 11, 2020, 10:37:41 AM

Decided as of Monday I'll be bearish  Grin



New target: $5,600, until proven otherwise. Fits with the bear channel we're in that everyone else has already identified.
Going to put my short-term bear cap back on folks.
5.6k will very likely be achieved in 2020 so why not... but it won't happen before second half of the year. There should still be a bounce back to 9k area.
Been waiting for 9k, possibly 9.5k to cash out but I am starting to lose patience. February is my target but wouldn't mind observing 9k next week!

I still think the halvening will have an effect but a late effect, hence the bearish trend for the whole year 2020, then recovery starting in 2021 but not enough recovery to see 19k yet (hence the infamous bet...).
El duderino_
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January 11, 2020, 10:40:07 AM

Most of you are legends, ...
Legendary status correlates to making many posts [...]

Nowadays, yes. While collecting merits. But there are members that got legendary for mostly just being around a lot, pre-merit era. Although I believe the merits are serving their purpose for more quality posts, the most wordy are not almost contributing the most.

Believe lurking should be rewarded as well. Would like to be able to hand out more merits to quality posts, while not being an active poster myself.

I think its not a bad idea with asking for merit source status and telling the lurking part etc....

Read a few applications and the rule of what you need to provide....

Then send in the thread after you finished it, then just wait it could take some weeks or months (especially now cause new sources have been added and merit supplies been increased etc)
But better the make it now and be pending for the time, many will talk in the thread and bump it up in META so when there would be added some more then you have a bigger chance imo
El duderino_
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January 11, 2020, 10:45:20 AM
Merited by fillippone (1)

Most of you are legends, I don't know if I fit very well here, I feel a little weird among so many veterans, being such a rookie disappoints a little.   Roll Eyes
Will I ever get over this feeling?

VB1001 was a rookie not so very long ago...Look what he accomplished now as being one of the very more respected WO-members
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January 11, 2020, 10:47:07 AM
Merited by efialtis (1)

Btw..... am I the only one getting really tired of reading this always: CryptoTalk.Org - Get Paid for every Post! <-- Roll Eyes
Arriemoller
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January 11, 2020, 10:56:16 AM

W
T
F
?
!

https://edition.cnn.com/middleeast/live-news/iran-plane-crash-investigation/index.html

They just go ahead and spin a conspiracy theory to justify future attacks and sanctions on iran now?
Same shit, different nation.
#smellslikeweaponsofmassdesctructioninirak

 Undecided Undecided Undecided Undecided Undecided Undecided Undecided Embarrassed Embarrassed Embarrassed

EDIT:
Abedzadeh went on to ask, “How can a plane be hit by rocket or missile” and then the pilot “try to turn back to the airport?”

If the world is buying the US conspiracy on this, we're the dumbest dna-clusters on earth and thus really deserve to fuck up and self-eradicate our species from this planet.
i wasn't so angry as after reading this in a fair while (i mean years).

Airplane engine destroyed by a missle is still a mechanical failure. In the videoclip you see the engine already on fire we all want to see the moment before it.

Iran refuses releasing the black box to Boeing wich is actually an obligation.

This detail is vapor, steem. Media driven hysteria.
No state returns blackboxes to the manufacturer. So why should Iran?

EDIT: Usually the manufacturer of the flight recorder is invited for the investigations, led by the state where the accident was happening.
So many informations on this, almost nothing confirmed or official. Only "may", "could", "might"... As usual

So, It's only  ""may", "could", "might"... As usual" and yet you draw the conclusion that it's a conspiracy.
How about stop acting like a hysterical woman and start acting on facts like a man.

Iran has now confirmed that they shot down the plane by accident, is it still a conspiracy?


"The Islamic Republic of Iran deeply regrets this disastrous mistake.

My thoughts and prayers go to all the mourning families. I offer my sincerest condolences. https://twitter.com/HassanRouhani/status/1215856039997984768

Hassan Rouhani

@HassanRouhani
Armed Forces’ internal investigation has concluded that regrettably missiles fired due to human error caused the horrific crash of the Ukrainian plane & death of 176 innocent people.
Investigations continue to identify & prosecute this great tragedy & unforgivable mistake. #PS752"
efialtis
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January 11, 2020, 11:07:15 AM

Btw..... am I the only one getting really tired of reading this always: CryptoTalk.Org - Get Paid for every Post! <-- Roll Eyes

You are not mate - soooooo annoying and its so crazy really - with all that "ethics" talk, reputation bla bla in this forum (that I LOVE), I just dont get why anyone is promoting that shit - there are even established members doing that... That cryptotalk forum is bad but okay... have a look at yobit though, the website alone... is a joke and looks like it can be coded by any hobby programmer in a matter of hours, lol.
LFC_Bitcoin
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January 11, 2020, 11:08:56 AM

Btw..... am I the only one getting really tired of reading this always: CryptoTalk.Org - Get Paid for every Post! <-- Roll Eyes

Probably a nice honest way to earn $10 a week Wink

Judging by the quality of posting by most of those posters I guess the pay probably is really, really low.
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January 11, 2020, 11:11:25 AM

Btw..... am I the only one getting really tired of reading this always: CryptoTalk.Org - Get Paid for every Post! <-- Roll Eyes

You are not mate - soooooo annoying and its so crazy really - with all that "ethics" talk, reputation bla bla in this forum (that I LOVE), I just dont get why anyone is promoting that shit - there are even established members doing that... That cryptotalk forum is bad but okay... have a look at yobit though, the website alone... is a joke and looks like it can be coded by any hobby programmer in a matter of hours, lol.

I would just think, if you like it there, then be more on that other forum instead of here, maybe name it once or whatever, but keep promoting it  Roll Eyes Roll Eyes

In here we are on Bitcointalk.org then just keep it bitcointalk.org ....
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January 11, 2020, 11:13:21 AM

Btw..... am I the only one getting really tired of reading this always: CryptoTalk.Org - Get Paid for every Post! <-- Roll Eyes

You are not mate - soooooo annoying and its so crazy really - with all that "ethics" talk, reputation bla bla in this forum (that I LOVE), I just dont get why anyone is promoting that shit - there are even established members doing that... That cryptotalk forum is bad but okay... have a look at yobit though, the website alone... is a joke and looks like it can be coded by any hobby programmer in a matter of hours, lol.

I would just think, if you like it there, then be more on that other forum instead of here, maybe name it once or whatever, but keep promoting it  Roll Eyes Roll Eyes

In here we are on Bitcointalk.org then just keep it bitcointalk.org ....

Lol - they dont like it there obviously, how could they - I have had a "closer" look some time ago and when we feel post quality is low on bitcointalk.org, you havent seen cryptotalk.org lol - really, its comedy and I advise checking it out if you need a good laugh, haha  Cheesy
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January 11, 2020, 11:13:56 AM

Most of you are legends, ...
Legendary status correlates to making many posts [...]

Nowadays, yes. While collecting merits. But there are members that got legendary for mostly just being around a lot, pre-merit era. Although I believe the merits are serving their purpose for more quality posts, the most wordy are not almost contributing the most.

Believe lurking should be rewarded as well. Would like to be able to hand out more merits to quality posts, while not being an active poster myself.

I agree, I think that now and then there should be a airdrop of sendable merits that doesnt affect the merit count of the one getting the airdrop, just those who receive the Smerits.
Unfortunately I'm out of merits or I would have sent you some.
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January 11, 2020, 11:17:42 AM

Btw..... am I the only one getting really tired of reading this always: CryptoTalk.Org - Get Paid for every Post! <-- Roll Eyes

You are not mate - soooooo annoying and its so crazy really - with all that "ethics" talk, reputation bla bla in this forum (that I LOVE), I just dont get why anyone is promoting that shit - there are even established members doing that... That cryptotalk forum is bad but okay... have a look at yobit though, the website alone... is a joke and looks like it can be coded by any hobby programmer in a matter of hours, lol.

I would just think, if you like it there, then be more on that other forum instead of here, maybe name it once or whatever, but keep promoting it  Roll Eyes Roll Eyes

In here we are on Bitcointalk.org then just keep it bitcointalk.org ....

Lol - they dont like it there obviously, how could they - I have had a "closer" look some time ago and when we feel post quality is low on bitcointalk.org, you havent seen cryptotalk.org lol - really, its comedy and I advise checking it out if you need a good laugh, haha  Cheesy

Low quality posts, I better stay away from there, I might find myself at home right there  Tongue
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