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Question: Oct. 23 Closing Price:
<$8,000 - 2 (3%)
$8,000-$8,500 - 0 (0%)
$8,500-$9,000 - 0 (0%)
$9,000-$9,500 - 0 (0%)
$9,500-$10,000 - 0 (0%)
$10,000-$10,500 - 1 (1.5%)
$10,500-$11,000 - 0 (0%)
$11,000-$11,500 - 3 (4.5%)
$11,500-$12,000 - 5 (7.6%)
$12,000-$12,500 - 16 (24.2%)
$12,500-$13,000 - 12 (18.2%)
$13,000-$13,500 - 8 (12.1%)
$13,500-$14,000 - 5 (7.6%)
>$14,000 - 14 (21.2%)
Total Voters: 66

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 23501507 times)
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yefi
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August 06, 2020, 08:26:50 PM

Who knows what's next?
I'll tell you something: My wife woke up about three years ago around 1am at night and told me she was dreaming of an epic catastrophic event that was happening (yes, she was in the future in her dream) on the 17th of august 2020. She was fucking terrified by this dream but couldn't remember details other than the date.

Oh great, thx for sharing. Now we got to live the next ten days like millennialists expecting to die.
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August 06, 2020, 08:34:25 PM
Merited by JayJuanGee (1), AlcoHoDL (1)

I'll tell you a little true story: My wife woke up about three years ago around 1am at night and told me she was dreaming of an epic catastrophic event that was happening (yes, she was in the future in her dream) on the 17th of august 2020. She was fucking terrified by this dream but couldn't remember details other than the date.
I don't really believe in this kind of foreseeing, but i entered the date on my smartphone's calendar. I set the reminder to 14 days ahead. So i asked her a few days ago, but she
could not remember anything about a bad dream and a certain date.

Cool story, though kind of seems she or anyone could have picked a random date in 2020 and there'd be something to be terrified about. Here's hoping in your case a dream is just a dream.

I was thinking about those end-of-the-world prophecy cults which members either killed themselves at their prophecy date or just wondered the day after why nothing happened, after stepping out of their shelters.
Dream analysis says that certain dates or numbers that are connected to personal important future or past events, numerical things of personal importance are reflected in dreams sometimes. I forgot about that myself, occasionally stumbled over the reminder when browsing the calendar. We'll see. Almost 100% nothing will happen.
Maybe i'll be joking around on the 16th like: "Hey babe, we never tried threesomes together. If we die tomorrow, we'll never experienced any. So call up your best looking friends asap and let's go!"  Cheesy
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August 06, 2020, 08:36:39 PM

it has been mentioned in here before. it is not that bitcoin is getting more expensive but it is the shitty fiat that is already in hyper-inflation against bitcoin. since everyday regular stuff like food and consumer goods are so tangled up/interwoven in the fiat economy, those will also go into hyper-inflation vs fiat but they will be last.

we already see stocks decoupled from economic reality, rising and rising - despite of biggest global recession in history. they are not in hyper-inflation yet, but in inflation.

gold marking all time highs. historical. it is not in hyper-inflation yet, but inflating vs fiat for everyone to see.

real estate is getting absurdly expensive, same as luxury goods, and art.

they call it asset-price inflation, but in reality it is the beginning of a hyper-inflation shockwave.

the asset, that is the most decoupled from the fiat economy will get hit by the inflation first. which is of course bitcoin, a new decentralized asset class that is not controlled by central banks, banks and other traditional economic gate-keepers. because it is completely independent it will enter the hyper-inflation phase vs fiat first. and that will get very clear in the next run-up.

we will see a hyper-inflation event of varying velocities. that is the key my friends.

fiat money will not lose the battle against everything at once. it will lose battle after battle, well it is already losing battle after battle. the battle agains the hardest und most incorruptible money ever created - bitcoin - will be the first total defeat. the first unconditional surrender.

owning whole bitcoins is the best shield vs the inevitable collapse of the fiat system.



+1 WOsMerit

-------


thought it was Thursday  Undecided

it was the tiki bar methinks..its all blurry..luckily it appears there is no permanent damage

------
the noon wall report at 1:33pm

every once in awhile you get a sense that everything is pretty much working the way it should be    
this is fine  #dyor
3 day musings



#stronghands
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August 06, 2020, 08:38:57 PM

that dodgy doji on the 3d didn't amount to much did it?
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August 06, 2020, 08:39:22 PM

I'll tell you a little true story: My wife woke up about three years ago around 1am at night and told me she was dreaming of an epic catastrophic event that was happening (yes, she was in the future in her dream) on the 17th of august 2020. She was fucking terrified by this dream but couldn't remember details other than the date.
I don't really believe in this kind of foreseeing, but i entered the date on my smartphone's calendar. I set the reminder to 14 days ahead. So i asked her a few days ago, but she
could not remember anything about a bad dream and a certain date.

Cool story, though kind of seems she or anyone could have picked a random date in 2020 and there'd be something to be terrified about. Here's hoping in your case a dream is just a dream.

I was thinking about those end-of-the-world prophecy cults which members either killed themselves at their prophecy date or just wondered the day after why nothing happened, after stepping out of their shelters.
Dream analysis says that certain dates or numbers that are connected to personal important future or past events, numerical things of personal importance are reflected in dreams sometimes. I forgot about that myself, occasionally stumbled over the reminder when browsing the calendar. We'll see. Almost 100% nothing will happen.
Maybe i'll be joking around on the 16th like: "Hey babe, we never tried threesomes together. If we die tomorrow, we'll never experienced any. So call up your best looking friends asap and let's go!"  Cheesy

That's an innovative way to turn lemon into lemonade.   Wink Wink
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August 06, 2020, 08:42:57 PM

Haven't been hearing much about your leveraged trading recently, d_eddie?

You don't got time for that?

Or are you just not sharing with us?

You gave it up for lent?
I'm just not trading right now. When I have something to share, I will Smiley
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August 06, 2020, 08:44:51 PM

Haven't been hearing much about your leveraged trading recently, d_eddie?

You don't got time for that?

Or are you just not sharing with us?

You gave it up for lent?
I'm jsut not trading right now. When I have something to share, I will Smiley

Party poop!!!!!    Angry Angry Angry Angry
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August 06, 2020, 08:45:50 PM

TBH, I'm not really impressed with the volume so far. I know this isn't going to be a popular opinion, but it feels as if a single entity (or a small whale group) controls everything in the market float from ~$10,5k to $12k. And it looks as if their mega pump hasn't really attracted other whale traders en masse at this point.

We could have retracement soonish. Prepare to BTFD.

We are still in the beginning phase of a bull run, so no worries there.
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August 06, 2020, 08:47:46 PM

Quote
The dollar is still greatly desired by America’s poor and the middle classes, whose wages have not risen much in nearly 30 years. They are not getting more dollars like citizens did in Weimar Germany. You won’t see dollars in wheelbarrows any time soon. Most of the Federal Reserve’s dollar printing goes directly to a handful of fantastically wealthy people at the top of the pyramid.

Many of them own the Federal Reserve. The Fed is propping up a market that is mostly owned by the top.

We The People are not receiving what the Fed is buying whether it is treasuries, corporate bonds, or ETFs, but we are forced to pay for it. Citizens must cough up more taxes to pay the interest on the absurdly high debt in order to make sure the fabulously rich get fabulously richer.

Until those at the very top start giving their money away to the rest of the country, the dollar will be fine.

https://www.zerohedge.com/economics/real-moneys-revenge


those at the very top will not start giving their money away to the rest of the country. they will give it to us, the hodlers of bitcoin.  Wink
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August 06, 2020, 08:51:24 PM

It only took 4 days to come back to 11 900. It's bullish.

I have been thinking similarly... I have been expecting more correction or more flat.. but she seems to be wanting to gravitate UPpity... for some strange reason.  Go figure?

it has been mentioned in here before. it is not that bitcoin is getting more expensive but it is the shitty fiat that is already in hyper-inflation against bitcoin. since everyday regular stuff like food and consumer goods are so tangled up/interwoven in the fiat economy, those will also go into hyper-inflation vs fiat but they will be last.

we already see stocks decoupled from economic reality, rising and rising - despite of biggest global recession in history. they are not in hyper-inflation yet, but in inflation.

gold marking all time highs. historical. it is not in hyper-inflation yet, but inflating vs fiat for everyone to see.

real estate is getting absurdly expensive, same as luxury goods, and art.

they call it asset-price inflation, but in reality it is the beginning of a hyper-inflation shockwave.

the asset, that is the most decoupled from the fiat economy will get hit by the inflation first. which is of course bitcoin, a new decentralized asset class that is not controlled by central banks, banks and other traditional economic gate-keepers. because it is completely independent it will enter the hyper-inflation phase vs fiat first. and that will get very clear in the next run-up.

we will see a hyper-inflation event of varying velocities. that is the key my friends.

fiat money will not lose the battle against everything at once. it will lose battle after battle, well it is already losing battle after battle. the battle agains the hardest und most incorruptible money ever created - bitcoin - will be the first total defeat. the first unconditional surrender.

owning whole bitcoins is the best shield vs the inevitable collapse of the fiat system.

What if I cannot afford a whole bitcoin?  WhatchaIamGONNA dooooo?

buy a fraction of bitcoin to get a fraction of a shield?  Smiley
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August 06, 2020, 08:51:24 PM

TBH, I'm not really impressed with the volume so far. I know this isn't going to be a popular opinion, but it feels as if a single entity (or a small whale group) controls everything in the market float from ~$10,5k to $12k. And it looks as if their mega pump hasn't really attracted other whale traders at this point.

We could have retracement soonish. Prepare to BTFD.
I'm ready to buy a tidy chunk of physical. Come on baby, drop if you will... or go straight to 12k and stay up there before shooting up some more.
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August 06, 2020, 09:01:09 PM

TBH, I'm not really impressed with the volume so far. I know this isn't going to be a popular opinion, but it feels as if a single entity (or a small whale group) controls everything in the market float from ~$10,5k to $12k. And it looks as if their mega pump hasn't really attracted other whale traders at this point.

We could have retracement soonish. Prepare to BTFD.
I'm ready to buy a tidy chunk of physical. Come on baby, drop if you will... or go straight to 12k and stay up there before shooting up some more.

I'm on full HODL on BTC...but if BTC goes to like to say $16K or some such I will be 'sacrificing' some of my Altcoins on the bloody Altar of BTC!

the catch is...will altcoins go doom on a pump but then shoot up afterwards in price as in the past...or will they simply have the 'blood' sucked out of them

by BTC pumping to new heights and yet another boat missed. Timing will be 'everything' on such a dump of altcoins for 'dubious cash' uses of which I can't

inform people on here, because you would be 'accessories before the fact' Smiley (kidding I'm kinda boring)


anyway, as with all things crypto I should just flip a coin on-selling altcoins, when if my 'pucker' factor alarm goes off. I really should let 'random chance'

make such sell/buy decisions...lord knows my 'logic' does not work...so at least that way I could 'blame' luck/chance instead..would be refreshing...

whatever...but likely at least half of my altcoins will be sacrificed at around $16k for cash and nefarious uses Smiley


Biodom
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August 06, 2020, 09:08:54 PM
Last edit: August 06, 2020, 10:01:09 PM by Biodom

TBH, I'm not really impressed with the volume so far. I know this isn't going to be a popular opinion, but it feels as if a single entity (or a small whale group) controls everything in the market float from ~$10,5k to $12k. And it looks as if their mega pump hasn't really attracted other whale traders at this point.

We could have retracement soonish. Prepare to BTFD.
I'm ready to buy a tidy chunk of physical. Come on baby, drop if you will... or go straight to 12k and stay up there before shooting up some more.

maybe too early to buy physical, at least for spending btc.
we are up more than twice in %% YTD

whatever...but likely at least half of my altcoins will be sacrificed at around $16k for cash and nefarious uses Smiley

you probably mean at $16K btc  Grin
EDIT: some alts are positively crazy right now. I agree that it never lasts, though.
Who knew that small alts would lead this time around?
JayJuanGee
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August 06, 2020, 09:16:51 PM

TBH, I'm not really impressed with the volume so far. I know this isn't going to be a popular opinion, but it feels as if a single entity (or a small whale group) controls everything in the market float from ~$10,5k to $12k. And it looks as if their mega pump hasn't really attracted other whale traders en masse at this point.

We could have retracement soonish. Prepare to BTFD.

We are still in the beginning phase of a bull run, so no worries there.

Of course, we could get manipulation and we could get retracement, and sometimes part of the ploy to get bears to continue to place their shorts in order that they get rekkt when the "inevitable" correction does not come (or at least such retracement is delayed way beyond expectations).

In other words, sometimes volume is not really needed when the trend is your friend and the pressure continues to be UPpity...


Personally, I am not worried, and personally, in these actual times, I have assessed the ongoing BTC price movement to be both moving UP more than expected and also recovering from our dip down to $10,500 from a few days a go.. much better recovery than I expected... but we have seen this over and over and over, in bitcoinlandia.. the price just keeps moving up, up and up, while weak hands sell too much too soon, bears place shorts but the BTC price continues to trickle UPpity...  

Of course, no guarantees for sure in bitcoinlandia.. but you cannot say that we have not been to a similar kind of place before.. and even if we, ourselves, do not bank on UPpity (because we hardly give any shits), we surely do benefit from ongoing UPpity because we already placed our BTC bets years and years ago, and a lot of this ongoing price appreciation is just icing on the cake for so many of us longer term HODLers, rather than any of us really feeling that we either have to sell much if any BTC or that we are worried about catching some kind of short term BTC price top - even if we get a 1-3 month correction, and we have seen plenty of those, with a kind of ongoing "so what?" attitude.

[edited out]

buy a fraction of bitcoin to get a fraction of a shield?  Smiley

Oh?   This bitcoin thing is starting to make some senses.   Shocked
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August 06, 2020, 09:18:21 PM

I'm on full HODL on BTC...but if BTC goes to like to say $16K or some such I will be 'sacrificing' some of my Altcoins on the bloody Altar of BTC!

FWIW, planning on taking $3M USD in profits @ $15k USD/BTC.
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August 06, 2020, 09:18:32 PM
Merited by Torque (1)

TBH, I'm not really impressed with the volume so far. I know this isn't going to be a popular opinion, but it feels as if a single entity (or a small whale group) controls everything in the market float from ~$10,5k to $12k. And it looks as if their mega pump hasn't really attracted other whale traders at this point.

We could have retracement soonish. Prepare to BTFD.
I'm ready to buy a tidy chunk of physical. Come on baby, drop if you will... or go straight to 12k and stay up there before shooting up some more.

I'm on full HODL on BTC...but if BTC goes to like to say $16K or some such I will be 'sacrificing' some of my Altcoins on the bloody Altar of BTC!

the catch is...will altcoins go doom on a pump but then shoot up afterwards in price as in the past...or will they simply have the 'blood' sucked out of them

by BTC pumping to new heights and yet another boat missed. Timing will be 'everything' on such a dump of altcoins for 'dubious cash' uses of which I can't

inform people on here, because you would be 'accessories before the fact' Smiley (kidding I'm kinda boring)


anyway, as with all things crypto I should just flip a coin on-selling altcoins, when if my 'pucker' factor alarm goes off. I really should let 'random chance'

make such sell/buy decisions...lord knows my 'logic' does not work...so at least that way I could 'blame' luck/chance instead..would be refreshing...

whatever...but likely at least half of my altcoins will be sacrificed at around $16k for cash and nefarious uses Smiley




imho it is complicated enough to figure out the ups and downs of bitcoin and the percentages, increments of buying or selling, timing all of it. but at least you play this game with a solid asset.

trying to mix this craziness with the additional craziness of picking and timing the "right" shitcoins is craziness squared. with the additional risk of playing here with illiquid scams, criminal pump&dump schemes and the fact that those assets represent nothing but lies and greed and no technical or economic value whatsoever, this is craziness tripled.

in other words, outright stupid.   I rather miss all the pumping shitcoins. it's the only way to make sure to also miss the dumping shitcoins.
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August 06, 2020, 09:24:24 PM
Merited by 600watt (1)

that dodgy doji on the 3d didn't amount to much did it?

long legged doji just shows a point of potential indecision by the market..buyers and sellers unsure of which direction to go

its not really a gravestone or a dragonfly either..just long legged..the indecision point would be closer to one end of the wick or the other to qualify

that the market continued higher after the doji indicates to me that the bulls are still in control

overall the charts are showing strength on multiple time frames..just have to keep going until we dont   Wink
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August 06, 2020, 09:25:28 PM

I'm on full HODL on BTC...but if BTC goes to like to say $16K or some such I will be 'sacrificing' some of my Altcoins on the bloody Altar of BTC!

FWIW, planning on taking $3M USD in profits @ $15k USD/BTC.

too premature, but thanks for the heads-up.
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August 06, 2020, 09:25:43 PM
Last edit: August 06, 2020, 09:36:59 PM by Torque
Merited by 600watt (1)

trying to mix this craziness with the additional craziness of picking and timing the "right" shitcoins is craziness squared. with the additional risk of playing here with illiquid scams, criminal pump&dump schemes and the fact that those assets represent nothing but lies and greed and no technical or economic value whatsoever, this is craziness tripled.

in other words, outright stupid.   I rather miss all the pumping shitcoins. it's the only way to make sure to also miss the dumping shitcoins.

The proof that shitcoins in general have no value is their fad nature. The hot shitcoin du jour always seems to fade away just a year or two later, to be replaced by a new one (or set). I could list a number of "next big coins" from 2016-2017 era that are near completely forgotten now, even by the shitcoin hype beliebers. Same with shitcoins from the 2011-2013 era, and so on.

Meanwhile Bitcoin is a decade+ on, still in its infancy, yet still going strong and gaining in market strength yoy.
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August 06, 2020, 09:27:54 PM


Maybe i'll be joking around on the 16th like: "Hey babe, we never tried threesomes together. If we die tomorrow, we'll never experienced any. So call up your best looking friends asap and let's go!"  Cheesy


Lets hope her best friend isn't a man.
Or maybe your alright with that /jk
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