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

[JimboToronto]

Good morning Bitcoinland.

Still bouncing along testing support at $10k... currently $10158USD/$13297CAD (Bitcoinaverage).

Sorry I missed Haiku Sunday and the chance to participate in the little covid conspiracy-theory fest but we spent the day out breathing fresh air and hiking out to see waterfalls.

Go Bitcoin go.

Should have sold as 12k.

And now I should have sold at 10k and also this has passed :-/

Maybe I put in a sellorder at 10k and hope it gets fulfilled if we spike about 10k for a short period again.

Yes. Sell all your Bitcoin.

There aren't enough coins for all the people more worthy of being hodlers.

Get more fiat currency to buy invest in heavily advertised consumer products.

[Vectra]

looks like local bottom. would be good one to force people who waited for 9600 to rebuy and then screw them later.

[El duderino_]

Should have sold as 12k.

And now I should have sold at 10k and also this has passed :-/

Maybe I put in a sellorder at 10k and hope it gets fulfilled if we spike about 10k for a short period again.

All this writing ....

But only thinking damn... I would love to own some BTC

[LFC_Bitcoin]

Should have sold as 12k.

And now I should have sold at 10k and also this has passed :-/

Maybe I put in a sellorder at 10k and hope it gets fulfilled if we spike about 10k for a short period again.

All this writing ....

But only thinking damn... I would love to own some BTC

Smells like a NOCOINER to me

[Karartma1]

To this day I still do not have a clear explanation for why the alts all went sky high at that time.  It may have been some kind of spill over effect from btc's rise in Dec of 2017.   But it was cool, it gave me a decent stash of btc. (it still doesn't wipe out the regret of having sold so many in the early days, but whatever)

I'll tell you exactly why. The whale pumpers had already started the Bitcoin bull run back in 2015/2016, but turning the corner into 2017, they needed a mega distraction. (The theory is that whales already had insider knowledge of the coming BTC futures market launch near the end of 2017). They wanted everyone possible to sell their bitcoin prior to the blow off top. That is how they make money, by FUDing and second-guessing everyone out of their bitcoin at all the wrong times. Also at the same time, Roger Ver and Wu were forking Bitcoin (over Segwit and the blocksize debate), and whale traders were legit attempting a "flippening" with ETH, and trolling the shit out of the forums during all of it. ICO scams around ETH were also running rampant.

So by mysteriously pumping every other shitcoin known to man sky high, suddenly and without explanation, while at the same time selling off bitcoin, starting a flame war around SegWit and the blocksize debate, pumping a supposed ETH "flippening" with ICO scams, and shilling/pumping the new BCH fork, they were legit trying to scare all the n00bs right out of bitcoin and right into the shitcoin markets. It's clear that stirring FUD was all part of their plan. I'm guessing it worked on some people. If you remember, there was MEGA trolling and confusion going on at the time. Then they pumped Bitcoin parabolic right on the BTC futures launch in November 2017.

This is the right plot for the real Bitcoin movie! We need a director, a few actors and pop corns. Or we could launch an ICO to do the movie!
It might work. (pun intended)
 
Bolded part finds me off guard, never heard of such theory 

[El duderino_]

Should have sold as 12k.

And now I should have sold at 10k and also this has passed :-/

Maybe I put in a sellorder at 10k and hope it gets fulfilled if we spike about 10k for a short period again.

All this writing ....

But only thinking damn... I would love to own some BTC

Smells like a NOCOINER to me

Probably very high possibility .... chances around 99.7%

[VB1001]

[friends1980]

IF you're a woman, under 40 years of age, around 55kg and nice looking, I'd like to meet and skull-fuck your brains out.
Teething and biting is not allowed, whilst rimming is most welcome.
(...)

Maybe I see things too often from a romantic side, but I absolutely don't understand why you would not allow teething and biting?

[Hueristic]

IF you're a woman, under 40 years of age, around 55kg and nice looking, I'd like to meet and skull-fuck your brains out.
Teething and biting is not allowed, whilst rimming is most welcome.
(...)

Maybe I see things too often from a romantic side, but I absolutely don't understand why you would not allow teething and biting?

I almost got in alot of trouble for biting the hell out of a chick once.

[friends1980]

IF you're a woman, under 40 years of age, around 55kg and nice looking, I'd like to meet and skull-fuck your brains out.
Teething and biting is not allowed, whilst rimming is most welcome.
(...)

Maybe I see things too often from a romantic side, but I absolutely don't understand why you would not allow teething and biting?

I almost got in alot of trouble for biting the hell out of a chick once.

That's right, I remember reading about you in the Mirror.

[JayJuanGee]

Should have sold as 12k.

And now I should have sold at 10k and also this has passed :-/

Maybe I put in a sellorder at 10k and hope it gets fulfilled if we spike about 10k for a short period again.

sell all your BTC as soon as you can, and then wait for sub $6k... which surely needs to be tested again.

If you are nervous that sub $6k might not be reached, buy half or more of what you had sold at sub $8k.... Sub $8k is a sure thing. Thereafter, just wait out the rest of the testing down to sub $6k.. ... only change your plan if BTC prices go above $14k, then buy back because surely BTC prices will be going up if it is able to break above $14k, but if you are not sure, wait until $16k or so before you actually buy back to be sure that the BTC prices are really going to go up.

Some people play it really safe, and they are going to be waiting until $20k or maybe a wee bit above $20k to buy back because they want to make sure that BTC is going to be able to get past its previous ATH... so there is that strategic angle, too.  You are on the right track, mike4001_.   




By the way, smart money does not sell after an 18% BTC dip (approximately, where we are at now in the lower $10ks upper $9.9ks), instead they are buying during dip prices (even lesser dips than our current one), and if the BTC price goes lower, smart money buys more.  The above suggestion is meant for dumb money like mike4001_ and his ilk to get out of BTC, and may as well get out now rather than their continuing to suffer in BTC, right?... and to facilitate their beliefs that BTC must conform to mature market analysis (in other words the belief that quite a few folks want to believe that BTC is currently in a bubble), so in that regard, they should just wait for BTC prices to drop to a sufficiently comfortable place that will show that BTC performs more like a mature asset class, and smarter money actually realizes that such BTC price drop may well not happen - especially recognizing that BTC is not a mature asset.. and there is an actual preference to almost always be preparing for UPpity.  Ultimately, dumb money, such as mike4001_ ends up buying BTC back in at $17k (right before BTC prices drop to $13k and they sell again for another loss), and they are never endingly selling BTC at the bottom and buying the top while complaining that BTC is too volatile, manipulated, and way too unpredictable.. because "in theory" it should be trending down.... blah blah blah.  At some point, such dumb money might learn, but maybe they need to be humbled a bit, and we might see them back and having had become educated and humbled in a few years, perhaps?

[OutOfMemory]

IF you're a woman, under 40 years of age, around 55kg and nice looking, I'd like to meet and skull-fuck your brains out.
Teething and biting is not allowed, whilst rimming is most welcome.
(...)

Maybe I see things too often from a romantic side, but I absolutely don't understand why you would not allow teething and biting?

I almost got in alot of trouble for biting the hell out of a chick once.

That's right, I remember reading about you in the Mirror.

How disgusting!!!
BEER???

He should have had a sauvignon blanc from 2014 or 2018!!!

[Elwar]

I can't believe SJW rot has infiltrated Bitcoin Core, to the point they ACKED a merge to change "blacklist" to "blocklist".

For Bitcoin.

A blockchain.

...

Similar to Linux being attacked for not having enough females working on the open source project.

[OutOfMemory]

OutOfMemory, something you said set off half the draft of a post that would require revving a V8 to the redline to zoom past.  I’ll need to complete it later today—or maybe tomorrow, if I am to “stfu”.

Sheeeeiiit^TM
Reads like i'll get my arse kicked with a wordy boot?!  

Similar to Linux being attacked for not having enough females working on the open source project.

Ridiculous. But M$ or Apple sure have about 50% women working in the development branches, right?!
I know a ton of unemployed, female IT professionals. Don't we all do? No?  

In fact it would be easy to solve. One pair of tits for every programmer!
Mandatory skills: Ability to make large amounts of freshly brewed coffee.
But then they will rant about women on the linux project getting underpaid and/or bore out.

[explorer]

  4 digit repellent seems to be holding. 



*Reapply every 48 hours for maximum buoyancy

[Searing]

By the by I just bought $384.59 of BTC at $10,234.68. After fees that is: 0.03702509 BTC. So prepare for the further dump!

Let us see how I do on the above Cartoon. (I can everyone yelling here on WO to 'bail' because I caused a dump!) Sorry, tis, how I roll.

edit: 'Yea! Up 3c! Living the Dream!

[JL0]

So whic CME gap we'll fill first ?

1. $9600

2. $10.5K

[El duderino_]

So whic CME gap we'll fill first ?

1. $9600

2. $10.5K

3. ATH

[JL0]

So whic CME gap we'll fill first ?

1. $9600

2. $10.5K

3. ATH

I agree with you 



If the 20MA Weekly is holding and we close above it we are in the Bullrun. Just a healthy pullback then.

[Torque]

I can't believe SJW rot has infiltrated Bitcoin Core, to the point they ACKED a merge to change "blacklist" to "blocklist".

For Bitcoin.

A blockchain.

...

Similar to Linux being attacked for not having enough females working on the open source project.

I don't know the whole story, but from what I understand, Linus Torvalds is a bit of an asshole (an understatement) when it comes to his management style. When he disagrees with one of his core developers over something, he tends to go for the jugular and try to condescend, demoralize and shame them for being stupid. Actually not much unlike how Steve Jobs was with subordinates.

My assessment is that that men on the Linux dev team had to develop really thick skin in order to even deal with him, and that most women devs that tried couldn't deal with his shit....they just couldn't hack it. A few left in tears.

Note that I'm not defending Linus' bad behavior or the toxic work environment; it is what it is. It doesn't matter if you are a man or a woman, if you are going to work on Linux core, you are going to have to deal with him.