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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26401350 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. (174 posts by 3 users with 9 merit deleted.)
aesma
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September 08, 2020, 02:39:34 PM



irl boat disaster befell a bitcoiner

https://twitter.com/PortsmouthBTC/status/1302138835720167424

Quote
... Sep 5
So, bit of drama last night - on the plus side, I'm alive.

On the downside, I've just lost everything - my boat caught fire last night, and despite fighting the blaze for over 5 minutes, I was unable to prevent it spreading. With the amount of fuel on board, I had no choice...


in the end but to abandon the boat to seek help.  Moments after I did that it was too late to save anything and the fire engulfed the entire boat, destroying everything I own.

It's all gone.

Clothes, coats, shoes, cleaning/grooming stuff, lap top, tablet, chargers, the works


I've got nowt left but my phone, wallet and the clothes I'm sitting here wearing.

I'm not sure where that leaves me, I anticipated the possibility of losing it all, but now I have, I need to figure out what to do next.

Survival is the priority over the next 24 hours.

I notice he's not saying if he own/owned any crypto. He says he has lost everything...
vapourminer
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what is this "brake pedal" you speak of?


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September 08, 2020, 02:42:22 PM

Male, female, man, woman, father, mother...

We all know what they really mean, yet we are forced to redefine them for the sake of political correctness. And we are distorting and corrupting the beauty and significance of each and every one of these words, and their true meaning.

A song, kindly dedicated to all.

if they force me to redefine my sex from "attack helicopter" to "offensive generic device" or something i will be pissed.
BobLawblaw
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September 08, 2020, 02:47:10 PM

Was too busy gardening early this morning to buy the dip.

Oh well.

Nice to see $10k mostly maintaining stability... for now...
JimboToronto
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You're never too old to think young.


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September 08, 2020, 02:51:20 PM

Good morning Bitcoinland.

More of the same... bouncing along retesting $10k support... currently $10134USD/$13338CAD (Bitcoinaverage).

Up please. Go Bitcoin go,

Progress must be made.  Report for re-education.

Jimbo, you, too.

Sorry. I've got better things to do than re-educate the masses.

I'm retired emeritus.

Then again, reprogramming people who've been brainwashed by SJW propaganda is a noble cause.
Torque
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September 08, 2020, 02:57:13 PM
Last edit: September 08, 2020, 03:30:00 PM by Torque
Merited by infofront (1), arcmetal (1)

Thank you for this answer.  Back in 2018 I had posted a question about the alt's spike in January, within the general discussions, but received zero replies.  My guess was that no one had a good answer.  I'll count yours as the first reply.

This next run up to a new ath should see around an order of magnitude increase in price, and with all that money circulating there should be an order of magnitude increase in shenanigans.  And officer Barbrady will be no where in sight to deal with it.

Its impossible to tell when or what the next ath will be, the only thing I know for sure is that it will be a fun ride.

edit:  ath, not atm.   Tongue

Exactly. You'll know when were are in the midst of a true run up, when you feel like you are in the middle of an absolute shitstorm with all the FUD and scams going around.

That's why I chuckle when people are saying things like "New ATH by this December!" Sorry but, no way. That's not how whale traders work, that's not how this market works. You think the whales would care to run it up during a recession/depression year, when people are massively out of work and don't have any extra money to spend right now? Nope. They will wait until the economy recovers, when people have extra money again. Also, the volume is just not there yet, not even close. The ramp up will take a year or two anyway to get going.

That's why now is the best buying opportunity.

Believe me, you'll know when we are entering the real run up when the trolls come out in force to tell people why they should be dumping all their bitcoin. It'll feel like the online forums (i.e., Bitcointalk, Reddit, etc.) are being massively overrun with trolls. When the MSM starts printing hit pieces against Bitcoin on an almost daily basis. When the MSM trots out the dinosaurs like Warren Buffett and Jamie Dimon again, to tell the public that they are all idiots for buying Bitcoin. Wink
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September 08, 2020, 03:00:33 PM
Merited by BobLawblaw (7)


https://twitter.com/mailonline/status/1303305864955166721?s=21
JimboToronto
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You're never too old to think young.


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September 08, 2020, 03:01:20 PM

2017 high ~$20,000
2018 high ~$17,000
2019 high ~$14,000
2020 high ~$12,000

Up, up, and...oh wait...

Confirmed Conformed.

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September 08, 2020, 03:01:36 PM

Good afternoon WO!
Observing @ $9,962

meh!

Now we have more better @ $10100
proudhon
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September 08, 2020, 03:15:49 PM

2017 high ~$20,000
2018 high ~$17,000
2019 high ~$14,000
2020 high ~$12,000

Up, up, and...oh wait...

Confirmed Conformed.



NeuroticFish
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September 08, 2020, 03:16:00 PM

2017 high ~$20,000
2018 high ~$17,000
2019 high ~$14,000
2020 high ~$12,000

Up, up, and...oh wait...

The year is not over yet. Keep in mind that even in 2017 the first 2 weeks of September looked bad. Who knew what was going to happen?
So why you rush it? The year is not over yet.
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September 08, 2020, 03:16:07 PM

So I went to go respond to that "The WO thread is mean and a big merit circle jerk" thread, but it looks like I can only WATCH it.

I wanted to give my opinion...  what gives SwayStart?
proudhon
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September 08, 2020, 03:18:25 PM

2017 high ~$20,000
2018 high ~$17,000
2019 high ~$14,000
2020 high ~$12,000

Up, up, and...oh wait...

The year is not over yet. Keep in mind that even in 2017 the first 2 weeks of September looked bad. Who knew what was going to happen?
So why you rush it? The year is not over yet.

The year isn't over, but bitcoin is. As you can see, we've been trending down towards $10k and it's increasingly evident that isn't any kind of good support. Once enough of the market accepts what's already confirmed, the dam will break and we'll continue our market back down toward $1,000, and then, of course, below that.
nullius
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September 08, 2020, 03:37:44 PM

The year isn't over, but bitcoin is. As you can see, we've been trending down towards $10k and it's increasingly evident that isn't any kind of good support. Once enough of the market accepts what's already confirmed, the dam will break and we'll continue our market back down toward $1,000, and then, of course, below that.

Is the year 2013 over yet?

Satoshi Nakamoto located and apprehended by Chinese government.  Was carrying emergency bitcoin shutoff code.  Chinese government plans to use code to shutdown bitcoin network.  Satoshi charged with criminal economic disruption.


Coindesk is getting ready to publish an article corroborating this news from internal sources.  This is the end guys.

Wow, I almost forgot the credibility of your information and your predictions.

It looks like this is the end of bitcoin.  If you can sell and get your money out, you probably should.  Quarkcoin is probably a safe investment for now.

So, how is your Quarkcoin investment?  Mooned yet?
LUCKMCFLY
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September 08, 2020, 03:49:06 PM

Hello WO Guys !!! Here's an update from ChartsBTC


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#bitcoin 2012-2020 vs 2016-2024
Too much?



Source: https://twitter.com/ChartsBtc/status/1303355084022005760
Torque
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September 08, 2020, 04:13:56 PM
Merited by lightfoot (3), El duderino_ (1)

OT: Tesla lovers doubling down by buying more TSLA stock...

aesma
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September 08, 2020, 04:28:12 PM

Stocks are supposed to represent the value of companies, on the basis of future earnings. Tesla bulls explained the current bull run, including predictions like 50000$ a share (before split) by the fact Tesla was innovative, has earned some money (after having burned billions upon billions) etc. So how come the price is crashing ? Doesn't compute.

I think Tesla can do fine, however this speculative bubble might do more harm than good to the company.
JayJuanGee
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September 08, 2020, 05:18:17 PM
Last edit: September 08, 2020, 05:54:52 PM by JayJuanGee
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We hit the top of this channel which I shared earlier, and got a rejection, could go lower to my buyzone now

Sure, anything could happen.. up, down or sideways.

9-10 pathetic bear attempts to go below 10K. Are there any extremely weak hands to try one more time?



What do you mean by "one more time"?

Maybe we are going to get stuck here for a few more weeks?

I have my doubts about getting stuck in this particular zone for much longer because this price floating around $10k feels a bit uncomfortable (or is the word unsustainable?).. and what is going on in shitcoinlandia?  Isn't that continuing to have some affect on BTC's ability to stay in one place?  and the macro environment, seems to have some nervousness, too...

I know bitcoin likely does not give too many shit about these various macro-factors, but in the short term, seems difficult to sustain any kind of flatness, even if we never know for sure regarding how long are we going to be here in the $10k range.... in bitcoinlandia.


Who sold at the bottom?

Which one? 🤔🤔

As I type, do we either have a triple or a quadruple bottom, or maybe we have to make up some other kind of visual because these bottoms are starting to blend.

Maybe we have a blended bottom, currently?

It's messy out there boyz... be careful:




Now back to 9300 ?

Lots of hopium in that one.

2017 high ~$20,000
2018 high ~$17,000
2019 high ~$14,000
2020 high ~$12,000

Up, up, and...oh wait...

Never thought of it like that.

It's not looking good, boyz.    Cry Cry Cry
proudhon
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September 08, 2020, 05:44:33 PM

The year isn't over, but bitcoin is. As you can see, we've been trending down towards $10k and it's increasingly evident that isn't any kind of good support. Once enough of the market accepts what's already confirmed, the dam will break and we'll continue our market back down toward $1,000, and then, of course, below that.

Is the year 2013 over yet?

Satoshi Nakamoto located and apprehended by Chinese government.  Was carrying emergency bitcoin shutoff code.  Chinese government plans to use code to shutdown bitcoin network.  Satoshi charged with criminal economic disruption.


Coindesk is getting ready to publish an article corroborating this news from internal sources.  This is the end guys.

Wow, I almost forgot the credibility of your information and your predictions.

It looks like this is the end of bitcoin.  If you can sell and get your money out, you probably should.  Quarkcoin is probably a safe investment for now.

So, how is your Quarkcoin investment?  Mooned yet?

Fake news. The true news is bitcoin is crashing.
OutOfMemory
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September 08, 2020, 06:00:29 PM


Fake news. The true news is bitcoin is crashing.

Proudhonk, you consider drastic bitcoin price movements as news to WO?
Interesting...

And so my ignore list is growing again.
JayJuanGee
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September 08, 2020, 06:09:17 PM

That's why I chuckle when people are saying things like "New ATH by this December!" Sorry but, no way. That's not how whale traders work, that's not how this market works. You think the whales would care to run it up during a recession/depression year, when people are massively out of work and don't have any extra money to spend right now? Nope. They will wait until the economy recovers, when people have extra money again. Also, the volume is just not there yet, not even close. The ramp up will take a year or two anyway to get going.

Sure macro factors could have some kind of an affect on bitcoin, but i doubt that bitcoin needs retail to be ready, willing and able to buy bitcoin in order for our next ATH to be reached and exceeded.

Yeah, it's possible that the end of the year might be a bit too soon, but in bitcoinlandia, there can be a bit of relishing in doing the unexpected too, which causes shorts to continue to get rekkt when they continue to get placed, while the BTC price keeps going up.. Are we ready for such a move?  i don't know... but I surely would not be ruling out such a move, merely based on some kind of concern that macro-factors are not ready... People are not ready.. wait bitcoin, wait.... Bitcoin gives no shits about waiting, and small enough players can end up pushing bitcoin up, even if people (retail or whatever) are not ready... In other words, they become ready as they see the price going up from $40k to $100k, and then they start buying, right before the dump (or maybe more PC to call it a correction?). 

Do we end up correcting in the vicinity of $100k or $300k or some other location? and how long does it take to get to the point that correction ends up happening can frequently end up as somewhat surprises, even though such BTC price moves are still within a variety of relatively convincing and already known BTC price prediction models... the specifics are merely probabilities rather than precisions -even if some folks misinterpret them in such precision ways.
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