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Question: 9/19 Closing Price:
0 - 1 (2.3%)
<$10,000 - 3 (6.8%)
$10,000-$10,500 - 1 (2.3%)
$10,501-$11,000 - 7 (15.9%)
$11,001-$11,500 - 12 (27.3%)
$11,501-$12,000 - 6 (13.6%)
$12,001-$12,500 - 6 (13.6%)
$12,501-$13,000 - 2 (4.5%)
>$13,000 - 2 (4.5%)
>$20,000 - 4 (9.1%)
Total Voters: 44

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 22329469 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. (148 posts by 37 users deleted.)
Toxic2040
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August 05, 2020, 03:15:03 PM

Good morning
#dyor

dragoonflys over pond
1h


unleash the hound
4h

#stronkhands
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Reply with quote  #2

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Torque
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August 05, 2020, 03:22:02 PM
Merited by nutildah (2), machasm (1)

The ignorant masses see Bitcoin and PMs rising in price and think it's because they are in some kind of speculative bubble.

It's called "real value assets repricing against a plummeting dollar."
JayJuanGee
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August 05, 2020, 03:43:02 PM

#Bitcoin is ready to rip to all time highs.



Twitter post: https://twitter.com/JJcycles/status/1290995194519838720

Is Bitcoin really going to be the best ever and is it going to happen?

I don't understand the need to speak in superlatives.  Ok.  sure, bitcoin is likely the best, and sure bitcoin is likely going to be the best into the future, because bitcoin has a lot of strong fundamentals that are continuing to persist and continuing to NOT get fucked up.  On the other hand, we are taking a snapshot in time, and even though we have a current status that sets bitcoin up for continuing to outperform other assets, there are no guarantees in bitcoin or in other aspects of life, including the extent to which other assets or other human behavior can play off of bitcoin in one way or another - multi-causal influences that contribute to a certain amount of unknowingness in the future, even if the past can be described with more absolute-isms because the past has already happened.



Although Bitcoin has a lot of potential is bitcoin just moving at its own pace or is bitcoin being influenced by something?

multi-causal influences - and likely there would be only small likelihoods that value would gravitate into bitcoin all of a sudden... the whole bitcoin system just does NOT seem set up to handle all-at-once gravitation of value, even if bitcoin is the most sound of assets, currently... and even if bitcoin would just have to absorb whatever value it could take, if it were presented with such an unlikely scenario in which all value would be redirected towards it.

Another reason that it would be unlikely for all of the value to be directed into bitcoin would be that currently, bitcoin still remains so damned small (something like less than 1% world adoption), so it hardly even makes sense that a lot of value would flow into bitcoin until it first gradually grows (and gradual can also seem like exponential while we are caught int the middle of trying to recognize and appreciate such "happening" growth).
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August 05, 2020, 03:46:20 PM

Meanwhile: closing in on 12k....  Cool

$13,000 by the end of the week? What odds are you giving me on that, hey?

Wink
JayJuanGee
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August 05, 2020, 03:50:56 PM
Last edit: August 05, 2020, 04:12:45 PM by JayJuanGee
Merited by LFC_Bitcoin (1)

I LOVE it when one of my random lines I drew last week is about to get punched. Smiley

I know I had some sort of rationale for this one...



Yes, you did.

Rationale = random.   Tongue Tongue




 Cheesy Cheesy Cheesy Cheesy Cheesy

Meanwhile: closing in on 12k....  Cool

$13,000 by the end of the week? What odds are you giving me on that, hey?

Wink

Potential next resistance point seems to be $13,880 - but geez, timeline must be one of the BIGGER difficult matters to pinpoint

... and geez, end of the week you are saying, LFC?  You must be talking about just a wee bit more than two days from now?  Perhaps it could happen?  Perhaps.  

I would concede that $13k is significantly easier to reach and exceed than $14k currently, and not merely because $13k is closer than $14k (but that closeness is an undeniable, real-world, technical factor) but because $14k can only be reached after going through $13,880 resistance, to the extent that such resistance really does exist and such resistance is not merely a product of our collective perhaps, shell
shocked/PTSD?
fears.

In other words:  go bitcoin go (doesn't someone else say that?)  Embarrassed
Phil_S
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August 05, 2020, 04:17:16 PM

$13,000 by the end of the week?

$12,500.
wxa7115
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August 05, 2020, 04:28:15 PM

Edit: sorry for the formatting I tried to use a table and when I previewed the post everything seemed fine but it did not displayed correctly for some reason.

Tables can be a pain. You need to either use non-breaking spaces or redundant characters, such as underscores or dots, to set the width and prevent wrapping. If you use redundant characters, you can hide them with [color=transparent]. e.g.
____________________________________________
From 28 NOV 2017 to 30 JAN 201863 days
From 01 FEB 2018 to 01 FEB 20181 day
From 16 FEB 2018 to 21 FEB 20186 days


Other option is to use the [pre] tag and just align everything like you're using a 90s word processor.

Interesting data by the way!
Thanks for the heads up, I am bookmarking this as a reference.
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August 05, 2020, 04:29:00 PM

I LOVE it when one of my random lines I drew last week is about to get punched. Smiley

I know I had some sort of rationale for this one...



Yes, you did.

Rationale = random.   Tongue Tongue

Random line that was randomly support, and now randomly resistance is randomly acting like it's really doing that.  Smiley Smiley

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yes


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August 05, 2020, 04:35:52 PM


Random line that was randomly support, and now randomly resistance is randomly acting like it's really doing that.  Smiley Smiley

https://i.imgur.com/iMa6VhV.png

You are mastering TA very well  Grin
JayJuanGee
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August 05, 2020, 04:36:48 PM

$13,000 by the end of the week?

$12,500.

I have been becoming such a quibbler in recent times... but there seems to be a theory that past points of resistance will continue to serve as future points of resistance, even though the degree of their resistance may or may have not been changed based on subsequent BTC price moves...

So we had $12,100-ish.. and then we get $13,880-ish.....

What I am saying is that both of you are picking numbers that are really in the middle of those other seemingly more logical numbers, which just seem like the two of you are picking random and "awkward" numbers rather than numbers that would logically have much if any meaning - beyond mere luck or randomness, amiNOTrite?  this time?


I have an awkward feeling, like this:



[edited out]

Random line that was randomly support, and now randomly resistance is randomly acting like it's really doing that.  Smiley Smiley

Exactly!!!!!

It's awkward as fuck.   Embarrassed

 Cheesy Cheesy Cheesy Cheesy
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August 05, 2020, 04:49:17 PM
Merited by Torque (1)


Random line that was randomly support, and now randomly resistance is randomly acting like it's really doing that.  Smiley Smiley

https://i.imgur.com/iMa6VhV.png

You are mastering TA very well  Grin

Is it time for me to start a thread where I predict things and am followed by a faithful throng?

Or not quite yet?
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August 05, 2020, 04:57:45 PM

The ignorant masses see Bitcoin and PMs rising in price and think it's because they are in some kind of speculative bubble.

It's called "real value assets repricing against a plummeting dollar."

I SEE that and more.
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August 05, 2020, 05:38:46 PM

Once we break the ATH we're going to see the real pump  Cool
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August 05, 2020, 05:54:42 PM

Once we break the ATH we're going to see the real pump  Cool

I don't think so. We are going to see a shaking before we see a climb. If I have learned anything, its that Bitcoin trading is 99% fomo and 1% more fomo.
JayJuanGee
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August 05, 2020, 05:56:49 PM


Random line that was randomly support, and now randomly resistance is randomly acting like it's really doing that.  Smiley Smiley

https://i.imgur.com/iMa6VhV.png

You are mastering TA very well  Grin

Is it time for me to start a thread where I predict things and am followed by a faithful throng?

Or not quite yet?

One of the significant steps towards actual sorcerer status is passing through sorcery wannabe status first.   Shocked
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August 05, 2020, 06:22:36 PM


Random line that was randomly support, and now randomly resistance is randomly acting like it's really doing that.  Smiley Smiley

https://i.imgur.com/iMa6VhV.png

You are mastering TA very well  Grin

Is it time for me to start a thread where I predict things and am followed by a faithful throng?

Or not quite yet?

One of the significant steps towards actual sorcerer status is passing through sorcery wannabe status first.   Shocked

Hmm.  Could be an issue.  I don't really want it at all.

But there's this... just sayin...

JayJuanGee
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August 05, 2020, 06:35:04 PM


Random line that was randomly support, and now randomly resistance is randomly acting like it's really doing that.  Smiley Smiley

https://i.imgur.com/iMa6VhV.png

You are mastering TA very well  Grin

Is it time for me to start a thread where I predict things and am followed by a faithful throng?

Or not quite yet?

One of the significant steps towards actual sorcerer status is passing through sorcery wannabe status first.   Shocked

Hmm.  Could be an issue.  I don't really want it at all.

But there's this... just sayin...



Probably, I should NOT have appeared to challenge your seeming insightfulness.



#Justnotsaying.
Phil_S
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August 05, 2020, 06:53:26 PM

Any random line can be followed for a few hours. Or so it seems.

Just not for long.
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August 05, 2020, 08:02:07 PM

The ignorant masses see Bitcoin and PMs rising in price and think it's because they are in some kind of speculative bubble.

It's called "real value assets repricing against a plummeting dollar."
Too right Torque.
Damn running a little lean on merits. Ah f*ck it. Have one
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August 05, 2020, 08:08:27 PM
Merited by Torque (1), LFC_Bitcoin (1)

Is this gentlemen?
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