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

[Biodom]

Reminds me of when I 1st heard Deep Purple's  "Smoke on the Water" and thought the refrain was "Slooooow running Hoooooorses!....."

...on fire in the sky.

Obviously, a hymn from the book of revelations.

I wonder what's that "mobile" they are referring to as in:
"To make records with a mobile
We didn't have much time..."

calling @JimboToronto...

It was "the rolling truck stones thing just outside". https://en.wikipedia.org/wiki/Rolling_Stones_Mobile_Studio

The song is literally a telling of their experience at Montreaux Jazz Festival, where they were due to play. But "some stupid with a flare gun burned the place to the ground"

I got it that in the end that's where they were
"Making our music there"
I just did not know that using that "Rolling truck Stones thing" was the original intention.
All and all...I mostly never listen to that song's lyrics, just the awesome (and iconic) riffs plus the refrain.

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[philipma1957]

Other then if <censored> hits 1 dollar.😀

Hey no shitcoinery talk bro.
Else Jay will meme bat-slap you upside the head.
Followed by lots of words...

Hell having that coin lets me hodl all my btc.

I tell my self it has a huge upside. as it has only 500 million marketcap.

I only need  four or five billionaires to jack it up ten or twenty fold.  Like the Hunt bros did with silver when i was in the Navy. those shit coins allow me to stay relaxed about my btc.

hodl btc.

Now here is my exact point.  Btc got to 12134 and dropped to 11920 weak hands sold at 12+

in olden days. I would have been weak.

instead I smiled at 12134

then looked at my doge which is up today and simply smiled again.


btw doge was a the leading indication of this run as it had a strong rise back in ealry july.

that prompted me to buy some btc miners on ebay using 24 months no interest

I get to trade paypal credit for steady cheaply purchased coins.

i pay 50-50 coins so

I am buying btc from these miners at 11900/2 or 5950 a btc.  add in the monthly payment of 35 a month.

As I rarely trade I look at it from outside the box of charts teacups spoons 🥄 etc.

as I am buying coins at 1/2 price

 Wow.  Half-price Bitcoin sounds awesome.  I've looked into using used and brand new miners where I live and even though the gov't has removed time-of-day pricing for electricity and fixed the price at ~$.09 /kWh I would be lucky to break even on the electricity cost alone.  You're a maestro of mining!

Its nice but deals for power like i have are really hard to find.

lots of buying and selling gear as if they are stocks or coins.

it took me more then five years to create steady coin flow.

and it is not like it is a coin a month

it is steady but 100kwatts of which 50 kwatts an hour is my share.

so i have a potential of 1.5 ph with all new gear.

I dont have 1.5 ph I have about .5ph after all costs.

as the gear,is a mix of s9 s15 s17pro.

I try to expand hash rate very deliberately.

and hodl part of the coins.

its a grind but more sure then what you guys do trading.

its why i think more outside the box of candles and walls.

wish i had the time to properly blend the two.

[Hueristic]

Reminds me of when I 1st heard Deep Purple's  "Smoke on the Water" and thought the refrain was "Slooooow running Hoooooorses!....."

...on fire in the sky.

Obviously, a hymn from the book of revelations.

I wonder what's that "mobile" they are referring to as in:
"To make records with a mobile
We didn't have much time..."

calling @JimboToronto...

They were recording an album for mobile studios on the spur of the moment is the story. IIRC

[cAPSLOCK]

LOL classic bitcoin

I know! And look at it!  It's clawing it's way right back up... lol.
He just went into a house of bees!

I hope it's OK with you that I personally take great pride in your first shitpost after the exodus was to me.

[jojo69]

[Hueristic]

Considering he has .25btc I find that hard to believe but what address do I have to send to first???

[HI-TEC99]

Considering he has .25btc I find that hard to believe but what address do I have to send to first???

Just click the link in this scammy sounding offer and they will give you the address.

[philipma1957]

Reminds me of when I 1st heard Deep Purple's  "Smoke on the Water" and thought the refrain was "Slooooow running Hoooooorses!....."

...on fire in the sky.

Obviously, a hymn from the book of revelations.

I wonder what's that "mobile" they are referring to as in:
"To make records with a mobile
We didn't have much time..."

calling @JimboToronto...

They were recording an album for mobile studios on the spur of the moment is the story. IIRC

some stupid with a flare gun burned it to the ground

smoke on the water and fire in the sky.


frank zappa of the mother’s  studio was burned to the ground.

My first concert at long islands nassau coliseum.

1972 I was 15.

[Biodom]

Reminds me of when I 1st heard Deep Purple's  "Smoke on the Water" and thought the refrain was "Slooooow running Hoooooorses!....."

...on fire in the sky.

Obviously, a hymn from the book of revelations.

I wonder what's that "mobile" they are referring to as in:
"To make records with a mobile
We didn't have much time..."

calling @JimboToronto...

They were recording an album for mobile studios on the spur of the moment is the story. IIRC

some stupid with a flare gun burned it to the ground

smoke on the water and fire in the sky.


frank zappa of the mother’s  studio was burned to the ground.

My first concert at long islands nassau coliseum.

1972 I was 15.

memories...

alone, deep at night
escaping all that jamming
"Smoke on the water.."

#haiku

[marcus_of_augustus]

Newest Update from Pentarudi aka Masterluc

"This is not more than 4 months prediction, as I spotted new bullish channel . According to my idea price may reach ATH area in 2 months with following some triangle-like consolidation. For EW lovers - I think price is in starting local III wave with all 3rd-wave-specific bullish drama around. Wave length is around 2 months."

... where is Far-away?

[bkbirge]

Here's a short news vid about the Rolling Stones mobile recording studio, with the guys that have restored it...
https://www.youtube.com/watch?v=k4_BUIM7gY0

And here's some archival footage back in the day...
https://www.youtube.com/watch?v=rNFvzWRuZqg

[Hueristic]

Considering he has .25btc I find that hard to believe but what address do I have to send to first???

Just click the link in this scammy sounding offer and they will give you the address.

Hah, keep getting interupted watching this.

https://youtu.be/yz8ymvqUMrU?t=1911

Fucking derivatives are stealing the cap off of bitcoin and people are oblivious to it. they think getting institutional cash is good for the infrastructure nut its a trick to skim off the cap and take the steam out of the movement.

I'm a little wasted tonight if i dont make sense

[Hueristic]

Reminds me of when I 1st heard Deep Purple's  "Smoke on the Water" and thought the refrain was "Slooooow running Hoooooorses!....."

...on fire in the sky.

Obviously, a hymn from the book of revelations.

I wonder what's that "mobile" they are referring to as in:
"To make records with a mobile
We didn't have much time..."

calling @JimboToronto...

They were recording an album for mobile studios on the spur of the moment is the story. IIRC

some stupid with a flare gun burned it to the ground

smoke on the water and fire in the sky.


frank zappa of the mother’s  studio was burned to the ground.

My first concert at long islands nassau coliseum.

1972 I was 15.

Hah, those were the days of youth for me as well. My Mom was a bartender and i used to play this on the jukebox all day long. these days it would be child abuse to have kids in bars.

she used toi say i was better off in the bar with her than on the streets

[infofront]

Newest Update from Pentarudi aka Masterluc

"This is not more than 4 months prediction, as I spotted new bullish channel . According to my idea price may reach ATH area in 2 months with following some triangle-like consolidation. For EW lovers - I think price is in starting local III wave with all 3rd-wave-specific bullish drama around. Wave length is around 2 months."

... where is Far-away?

Your guess is as good as mine. However, I can show where masterluc thinks we are in Elliott Wave theory.



We're actually just past the little (2) near my dot. We just began the wave (3).

After we get to....some number, there will be a correction, wave (4). After that, the mother of all bull runs begins, the local wave (5) of historical wave 5. Basically, the blow off top to end all blow off tops.

Then a massive, multi year long bear market. Masterluc previously said he expects a 10 year bear market after the wave 5 top. But we don't need to think about that yet.

[JSRAW]

https://twitter.com/BlakePavey/status/1288818865846120449

[Cryptotourist]

^. Then again:

[NeuroticFish]

Why would they do that? Selling this sharply means losing money.

Volatility always means profit for the exchange, despite of the direction. I am not accusing Kraken to be responsible for the dump. It is just weird that € has any relevance in this game when everybody thinks it doesn’t.

I'm not sure Kraken would gain enough from the fees to cover the loss of such sell. But yeah, who knows?
Although I am European and I care more about the EUR price than USD price, I don't use Kraken. For example Bitstamp also has EUR pair.

And no, EUR is far from irrelevant. Europe do have money, Europe does invest and trade Bitcoin. But for day trade, for example, if one just buys and sells and repeats, the currency doesn't mean anything (so it can be USD, where the volumes are higher).
Keep in mind that Europe is also more than Eurozone and most have to convert the earnings anyway into their local currency. This doesn't mean the orders cannot be calculated in Euro and converted afterwards to the equivalent USD price.

...Or maybe I just over-complicate everything 

This is a very bearish candle.

Isn't just wishful thinking by chance? I mean that you have that specific candle only on the 3-day chart and it looks wonderful in all other charts, including the more usual 1-day .. 

[JSRAW]

@ChartsBtc : "Charts suggests possibilities, not probabilities and certainly not certainties."

So all good...

[gappie]

Newest Update from Pentarudi aka Masterluc

"This is not more than 4 months prediction, as I spotted new bullish channel . According to my idea price may reach ATH area in 2 months with following some triangle-like consolidation. For EW lovers - I think price is in starting local III wave with all 3rd-wave-specific bullish drama around. Wave length is around 2 months."



Update:

"Comment: I see people surprised why am I sharing such bullish idea while Bitcoin experiencing flash crash. This is obvious for me, I didn't mentioned...

$10k area was strong resistance for a long time. Price can't just penetrate it and go up without retesting. So Bitcoin experience a pullback to $10k to ensure it is support now. So I expected this move and it is absolutely normal for me. Of course, if 10k will hold I am sure it will, if not - this idea is shit"

That would be the usual totally unexpected move by Bitcoin.

[serveria.com]

This is a very bearish candle.



What is a Gravestone Doji?
A gravestone doji is a bearish reversal candlestick pattern that is formed when the open, low, and closing prices are all near each other with a long upper shadow. The long upper shadow suggests that the bullish advance in the beginning of the session was overcome by bears by the end of the session, which often comes just before a longer term bearish downtrend.

https://www.investopedia.com/terms/g/gravestone-doji.asp

Not surprising from a well-known beartard... have you managed to save enough money for the payment for your LFC bet? I guess you're very close to losing it now...