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

[ProfessionalBitsurgeon]

Bitcoin price bitching 101:

3) Price declines

(3) on moderate volume it is then.
Could pick up the pace a bit, but just a bit blase, not really bitching.

[savetherainforest]

Bear trap .. then bull trap.. then bear trap again.. bull trap again... then bear trap again... Guud stuff is cooking! The jukes and trolling on the charts are making waves!


I see just chinese counting money...

[BlindMayorBitcorn]

I just find it endlessly amusing. In an alternate universe this could have been us. Forkers.

[JayJuanGee]

Unless we go below $450 650   I'd say we are in very bullish territory

FTFY.... 

If you zoom out a bit, we remain in bullish territory so long as we stay above $450-ish. 

You know in the end of May, the bears and the banker shills kind of lost control over this BTC market, and surely they would have liked to have kept it in the $400s or lower, and even bouncing into the $500s, they would have preferred for such bounce to have been short-lived....

Sorry for your loss, bears and banker shills.   



NOT.


Anyhow, it's gonna take quite a bit of effort to reverse the current upward bull-ish price pressures.   We are in a great place at the moment, and we have quite a bit of a cushion before we need to start to worry.

Of course, no guarantees that we are continuing to go up, but it really seems that upwards price pressures remain, and the toothpaste is out of the tube - the swirley kind that you would be able to tell if you tried to put it back in.

[JayJuanGee]

And remember: Always bitch, no matter what the price does

Exactly...

When in doubt bitch... why do you think that some of us are following this thread?

[savetherainforest]

Unless we go below $450 650   I'd say we are in very bullish territory

FTFY....  

If you zoom out a bit, we remain in bullish territory so long as we stay above $450-ish.  

Dude... seriously now...?? WTF?... ... what is your end game? ... Who are you trying to trick???

Look... for example: You are a silver, gold or coal/quartz miner! And that mine you are mining is the only one in existance in The entire Universe!... And then I just come one day and tell you like a big shot that I am... that I will come every 4 years and I will be taking half of what you are producing and I will throw that away in to a radioactive volcano, black hole, supernova star.

Plz... no more propaganda!... I really don't want to bleach my eyes... cuz my eyes bleed when I read delusional unconscious trolling from someone with hundred thousands    of posts and hanging out in this place for years!

[JayJuanGee]

Unless we go below $450 650   I'd say we are in very bullish territory

FTFY....  

If you zoom out a bit, we remain in bullish territory so long as we stay above $450-ish.  

Dude... seriously now...?? WTF?... ... what is your end game? ... Who are you trying to trick???

Look... for example: You are a silver, gold or coal/quartz miner! And that mine you are mining is the only one in existance in The entire Universe!... And then I just come one day and tell you like a big shot that I am... that I will come every 4 years and I will be taking half of what you are producing and I will throw that away in to a radioactive volcano, black hole, supernova star.

Plz... no more propaganda!... I really don't want to bleach my eyes... cuz my eyes bleed when I read delusional unconscious trolling from someone with hundred thousands    of posts and hanging out in this place for years!

First, you cut out my explanatory text, so possibly you did not understand what I said you goofball.

Second, your analogy is kind of stupid because it does not capture what is actually happening in bitcoin.  If someone came and threw away half of what I was producing, I would quit, but that is not what is happening in bitcoin.  Instead, someone is putting a governor (if you know what that is?) on the mining operation in order that it can only produce half as much as it used to produce.  In any event, whatever point you were attempting to make seems to not be directly connected with my previous (edited out) comment.

[rjclarke2000]

How was jay trolling exactly? I can't see it. 

[Hyperjacked]

Couple weeks till the poll ends...anyone care to share what they voted?

I voted 650 two weeks ago

disclaimer:I'm right 76% of the time   

[JimboToronto]

How was jay trolling exactly? I can't see it. 

I don't see it either. It seems more like he's getting trolled.

Jay may be a permabull and at times (not this time though) he can get a little TLDR but I've never known him to troll.

I also agree that it has to go well below $500 to consider the bull run over. Remember, we were below $200 less than a year ago. The dip from $780 to below $600 was an obvious correction from a very steep rise but the bottoms are higher on every dip.

[Hyperjacked]

How was jay trolling exactly? I can't see it. 

Jays posts r 2 wordy otherwise I would have read past the second sentence but up till that point it did not appear troll worthy...

[JayJuanGee]

How was jay trolling exactly? I can't see it. 

I don't see it either. It seems more like he's getting trolled.

Jay may be a permabull and at times (not this time though) he can get a little TLDR but I've never known him to troll.

By the way, there are posters that participate in this thread (maybe sometimes a bit disgruntled that BTC price is not moving up fast enough) that are much more bullish than me, yet thanks for your recognition that I do not troll, because even though I have quite a lot of posts (especially in this thread), it is pretty rare that I will just throw in some comment that is nonresponsive or pure titilation for the sake of titilation.

On the other hand, I admit that I do sometimes get fairly forceful and maybe even bordering on abusive in my language that I intend to be directed at attempts to clarify or negate posts/posters that appear to be atopical or nonsense FUCD spreading.

I also agree that it has to go well below $500 to consider the bull run over. Remember, we were below $200 less than a year ago. The dip from $780 to below $600 was an obvious correction from a very steep rise but the bottoms are higher on every dip.

Yes.  I remain a bit uncertain about what to call the less than one day (June 22) "correction" below $600 that temporarily reached $540-ish. 

Sometimes, we may be better able to describe the event after a longer passage of history (hindsight is 20/20), because now we are kind of still in the middle of price discovery...   If you recall after we breached into the $500s, it took a bit of time to breach into the $600s and then our stay in the $700s did not last very long... but nonetheless, after reaching into the $700s, there have been several additional unsuccessful attempts to push prices below $600. 

Yeah, we cannot rest on laurels in that we definitely remain in striking distance of sub-$600, even though overall the price pressures are upwards.. and banker shills, bears and other anti-bitcoiners are going to need to spend quite a bit of capital or spread quite a lot of FUCD in order to get us out of the overall bull market.... also, we could be in a $550 to $750 price arena for a considerable amount of time, and so us bitcoin HODLers should be prepared for price movements in this range and not get discouraged regarding our remaining in a fairly decent place to continue to buy, HODL, and hopefully bring down our average cost per BTC while accumulating more BTC.

[marcus_of_augustus]

... another contrived, pathetic dump with bitcoin threatening to breakout above 700.

That's some weak shit shorts, get it together, you're barely keeping a lid on this.

[Hyperjacked]

... another contrived, pathetic dump with bitcoin threatening to breakout above 700.

That's some weak shit shorts, get it together, you're barely keeping a lid on this.

Marcus...it will move one way or the other after the bollinger band tightens and the sheep get sheared!

Of course the longer the sideways action the more explosive the spike!

disclaimer:I have no clue what I'm talking about

[adamstgBit]

How was jay trolling exactly? I can't see it. 

I don't see it either. It seems more like he's getting trolled.

Jay may be a permabull and at times (not this time though) he can get a little TLDR but I've never known him to troll.

By the way, there are posters that participate in this thread (maybe sometimes a bit disgruntled that BTC price is not moving up fast enough) that are much more bullish than me, yet thanks for your recognition that I do not troll, because even though I have quite a lot of posts (especially in this thread), it is pretty rare that I will just throw in some comment that is nonresponsive or pure titilation for the sake of titilation.

On the other hand, I admit that I do sometimes get fairly forceful and maybe even bordering on abusive in my language that I intend to be directed at attempts to clarify or negate posts/posters that appear to be atopical or nonsense FUCD spreading.

I also agree that it has to go well below $500 to consider the bull run over. Remember, we were below $200 less than a year ago. The dip from $780 to below $600 was an obvious correction from a very steep rise but the bottoms are higher on every dip.

Yes.  I remain a bit uncertain about what to call the less than one day (June 22) "correction" below $600 that temporarily reached $540-ish. 

Sometimes, we may be better able to describe the event after a longer passage of history (hindsight is 20/20), because now we are kind of still in the middle of price discovery...   If you recall after we breached into the $500s, it took a bit of time to breach into the $600s and then our stay in the $700s did not last very long... but nonetheless, after reaching into the $700s, there have been several additional unsuccessful attempts to push prices below $600. 

Yeah, we cannot rest on laurels in that we definitely remain in striking distance of sub-$600, even though overall the price pressures are upwards.. and banker shills, bears and other anti-bitcoiners are going to need to spend quite a bit of capital or spread quite a lot of FUCD in order to get us out of the overall bull market.... also, we could be in a $550 to $750 price arena for a considerable amount of time, and so us bitcoin HODLers should be prepared for price movements in this range and not get discouraged regarding our remaining in a fairly decent place to continue to buy, HODL, and hopefully bring down our average cost per BTC while accumulating more BTC.

lol!

forget it, we'll never see sub 600 again let alone sub 500.
market buy or buying on 20$ dip is your best best if you wish to acquire more bitcoin.

[adamstgBit]

back to 690 by morning.

[BlindMayorBitcorn]

^So racist.

[ProfessionalBitsurgeon]

back to 690 by morning.

We are all in the gutter, but some of us are looking at the stars.
Dare to dream!

[savetherainforest]

Unless we go below $450 650   I'd say we are in very bullish territory

FTFY....  

If you zoom out a bit, we remain in bullish territory so long as we stay above $450-ish.  

Dude... seriously now...?? WTF?... ... what is your end game? ... Who are you trying to trick???

Look... for example: You are a silver, gold or coal/quartz miner! And that mine you are mining is the only one in existance in The entire Universe!... And then I just come one day and tell you like a big shot that I am... that I will come every 4 years and I will be taking half of what you are producing and I will throw that away in to a radioactive volcano, black hole, supernova star.

Plz... no more propaganda!... I really don't want to bleach my eyes... cuz my eyes bleed when I read delusional unconscious trolling from someone with hundred thousands    of posts and hanging out in this place for years!

First, you cut out my explanatory text, so possibly you did not understand what I said you goofball.

Second, your analogy is kind of stupid because it does not capture what is actually happening in bitcoin.  If someone came and threw away half of what I was producing, I would quit, but that is not what is happening in bitcoin.  Instead, someone is putting a governor (if you know what that is?) on the mining operation in order that it can only produce half as much as it used to produce.  In any event, whatever point you were attempting to make seems to not be directly connected with my previous (edited out) comment.

Oh God... why I must explains peoples own emotions!!! grr...  

First... you where antagonizing a theoretical possible concept of a physical impossibility!   (Explanation: the banksters holding the price somewhere in the 400-500$ .. that was an illusion, ... but why? ... because if just 3-4 companies that sum 40-50$ billion decide to keep their value of their shares in the concept of bitcoin, meaning they don't need to give you the bitcoin transaction, but create an artificial open platform trading environment where no shares(coins) can be lost but they keeping the original transactions hijacked in multiple vaults of the same identical things with self destruct options if someone try to steal them and just create a new vault with more copies of the copies)

Second... yes... my analogy was a bit raw... and too blunt from the perspective of details... The psychological impact of what I said was inaccurate, because I should have said something like: ... I don't come and steal half of everything every 4 years... but I should have said that "I come each 4 years with a shiny laser gun that zaps anything and transforms it to worthless carbon that 99.99% of The Universe is made... and also I should have said that the only tool for mining your resources would be a "red button" that you press once, like ever, 4ever! .. and that "red button" starts a robot that mines your planet or mountain, that place you are mining at.... and the robot has the same mining speed for life, it never breaks, it never wears off, it just mines till nothing is left from 21 ExaTeraYotta kilograms of resources that you have available!
(Was that example more concise? More precise to the specific emotional reaction closer to home? I did saw the flaw in my previous analogy where the emotion would have been of "rage of distrust" that you might have worked and I stole and you didn't knew if I was going to destroy that material that I stole from you!) ... Russell Crowe sigh: "Are you not entertained?"  

And .. Third... the trolling part misunderstanding... is that you give the impression that you have some off-putting pessimistic vision that growth is uncertain and the theoretical concept you where flirting with... (aka. the ~400$ value) to make bears and all their family of naysayers that want to hope or like to dream of that value again! ... Stop selling that propaganda, it will never go back there! .. That body is buried and started the decay long ago! ... They might have dreams of those values again... but they are just that!.. dreams! ... So you should not troll maybe poor bears that have just a few coins and they dream of having a better life in the future! ... The price will never go back there to stay... Just maybe an act of God may make it dip to that value for a few seconds or minutes max ... then it will bounce back to the real value! .. And I said that "Why?" explanation in my "First..." section.
So.. in conclusion.. what you did was trolling hope of a low price... when you know that if people just buy as an investment, they will probably not have time to do high frequency trading... and they will just mostly hold and buy/sell once every  3-4 times per month! ... So, you mislead them in to thinking or believing that there still is hope for that ~400$ value! That was the trolling part... but you are so entrenched in your own juice of thought that you may have just been delusional for a moment there and those ideas where out there without you giving too much thought in to it... ain't it?... "delusional trolling!" ...  
Cuz the best trolling is made when you believe your own delusions...  

[nioc]

Doom death despair and degradation

                     or

A girl running through a field half naked and high and laughing in the sunshine.