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

[Wekkel]

Meanwhile, I made a BTC payment today from exchange to wallet and forwarding the payment immediately from wallet to 2nd wallet.  Normal fees.

No problemo.

Bitcoin is doing great 

[CristiTCM]

What do you think the price will be for the B2X fork? Planning to buy more btc but not sure when is the right time. Looking for a dip . So far i bought in august at $3200 so already made some profit

[JimboToronto]

it's quite possible we'll end up having to put up with bitcoin crash existing on the sidelines. it's a minor annoyance, like American Football.
just some crazies over there playing rugby with the wrong rules. yes it's just about viable, a sweet little economy for the colonials.
but it's always a bit annoying that we never get to find out if the yanks could actually play the game properly. and it's all very loud.
the game that everyone else in the world plays. never mind. even if they want to make up silly rules like throwing the ball forwards, we know what we're doing and carry on.

Oh, you mean soccer, the game that soccer moms take their little girls to play?

 

[Ibian]

Anyone here watch Jordan Peterson?

[Last of the V8s]

it's quite possible we'll end up having to put up with bitcoin crash existing on the sidelines. it's a minor annoyance, like American Football.
just some crazies over there playing rugby with the wrong rules. yes it's just about viable, a sweet little economy for the colonials.
but it's always a bit annoying that we never get to find out if the yanks could actually play the game properly. and it's all very loud.
the game that everyone else in the world plays. never mind. even if they want to make up silly rules like throwing the ball forwards, we know what we're doing and carry on.

Oh, you mean soccer, the game that soccer moms take their little girls to play?

 

no no lol football (soccer) is the fiat of games. just for poor people or as you say, women.
was talking about manly games for manly men. grown ups

[gentlemand]

no no lol football (soccer) is the fiat of games. just for poor people or as you say, women.

So what is the favoured sport of this thread? I assume by this point it's offshore power boat racing or polo.

[JimboToronto]

the game that everyone else in the world plays

Oh, you mean soccer, the game that soccer moms take their little girls to play?

 

no no lol football (soccer) is the fiat of games. just for poor people or as you say, women.
was talking about manly games for manly men. grown ups

Oh, a proper full contact sport like rugby?

[Last of the V8s]

So what is the favoured sport of this thread? I assume by this point it's offshore power boat racing or polo.

well it's not that richly, but real tennis is rather gentlemanly and great for the older chap, as there's not so much running around

Oh, a proper full contact sport like rugby?

rugby is god-given

[AlcoHoDL]

How do you guys know these trezors and ledgers aren't getting intercepted in the mail and their guts stuffed with something else?

I believe that the latest TREZOR devices are shipped empty (without f/w). You then go to SatoshiLabs's site and download it yourself. When you install it, a special "fingerprint" (a long alphanumeric string) appears on the computer's screen, which you must compare with the one that appears on TREZOR's screen. If they match, the f/w is not tampered with.

[jojo69]

How do you guys know these trezors and ledgers aren't getting intercepted in the mail and their guts stuffed with something else?

I believe that the latest TREZOR devices are shipped empty (without f/w). You then go to SatoshiLabs's site and download it yourself. When you install it, a special "fingerprint" (a long alphanumeric string) appears on the computer's screen, which you must compare with the one that appears on TREZOR's screen. If they match, the f/w is not tampered with.

OK, I will admit that is getting pretty tricky, maybe I only need to plan for 20 ninjas

[Ludwig Von]

How do you guys know these trezors and ledgers aren't getting intercepted in the mail and their guts stuffed with something else?

I believe that the latest TREZOR devices are shipped empty (without f/w). You then go to SatoshiLabs's site and download it yourself. When you install it, a special "fingerprint" (a long alphanumeric string) appears on the computer's screen, which you must compare with the one that appears on TREZOR's screen. If they match, the f/w is not tampered with.

OK, I will admit that is getting pretty tricky, maybe I only need to plan for 20 ninjas

Correct and it is 24 ninjas you have to compare... .

[JayJuanGee]

don't forget, the bottom of the big channel is $3600 still

Don't hold your breath waiting for that price...   

Oh, I'm not Jay.  The macro trend is still parabolic, even in log scale, so the real channel may well already be steeper than that.  Also, it is already quite steep and there is absolutely no guarantee that we will retest it's bottom any time soon so, of course, the longer that takes the higher it will be.

With all the forking idiocy and whatnot though, it is still a line to keep in the back of your mind.

Fair enough.  I agree that it is good not to rely too much on technical analysis, either.. but surely we have upside and downside possibilities and probabilities, and surely if price starts going down and breaking through support, then lower levels of correction become more and more possible and probable.  Currently I reset my plans a little bit to always have orders preset for a 50% correction - however, the last time when prices corrected down to $2970 (which was a 40% correction), I was scrambling a bit to figure out my orders if prices were to drop further - i had an outline of a plan to be able to buy down to $1k - but I had a bit of cashflow issues regarding how quickly we had gotten to the 40% correction level and I would have felt a bit better to have such buy order preparations down to 50% in order that I would not have had to scramble as much at that time.  so now I have fixed that issue.. even though it seems that we should be going up first before experiencing another 30% or more correction.. sure a 10% or 15% correction.. and sure, I am not going to completely rule out 40%, even now, but we gotta be prepared for up, too... maybe into the $6800 to $7800 arena...? (INCOMING!!!)...   so I agree with you that if we only think about UP, then we are likely to get fucked, too... or at least miss out on some ability to take advantage of ongoing volatility that is even of the against the trend type.

[Ludwig Von]

don't forget, the bottom of the big channel is $3600 still

Don't hold your breath waiting for that price...   

Oh, I'm not Jay.  The macro trend is still parabolic, even in log scale, so the real channel may well already be steeper than that.  Also, it is already quite steep and there is absolutely no guarantee that we will retest it's bottom any time soon so, of course, the longer that takes the higher it will be.

With all the forking idiocy and whatnot though, it is still a line to keep in the back of your mind.

Fair enough.  I agree that it is good not to rely too much on technical analysis, either.. but surely we have upside and downside possibilities and probabilities, and surely if price starts going down and breaking through support, then lower levels of correction become more and more possible and probable.  Currently I reset my plans a little bit to always have orders preset for a 50% correction - however, the last time when prices corrected down to $2970 (which was a 40% correction), I was scrambling a bit to figure out my orders if prices were to drop further - i had an outline of a plan to be able to buy down to $1k - but I had a bit of cashflow issues regarding how quickly we had gotten to the 40% correction level and I would have felt a bit better to have such buy order preparations down to 50% in order that I would not have had to scramble as much at that time.  so now I have fixed that issue.. even though it seems that we should be going up first before experiencing another 30% or more correction.. sure a 10% or 15% correction.. and sure, I am not going to completely rule out 40%, even now, but we gotta be prepared for up, too... maybe into the $6800 to $7800 arena...? (INCOMING!!!)...   so I agree with you that if we only think about UP, then we are likely to get fucked, too... or at least miss out on some ability to take advantage of ongoing volatility that is even of the against the trend type.

I have it only difficult with the upside in planning (sell orders) and executing the strategy (well actually, the tactics of it).

[Last of the V8s]

http://data.ledgerx.com/
seems to be up and running

Guys I enjoy listening to Trace Mayer interviews on YouTube. Is there anyone else you recommend watching/ listening to.

Trace just seems to blow my mind each interview.

Simon Dixon.

Some like Richard Heart

also i like 'shinobi' on Block Digest channel

[jbreher]

BCH has only 2 supporters - Jihan and Roger.

Either ignorant or a liar. Which whither?

[jbreher]

If you have 350k btc why would you even bother with bcash?

Because it is The One True Bitcoin, silly.
 

[Last of the V8s]

just waiting for you to read through to the many posts today where we trash your meh coin for the deceit lies viruses and tomfoolery that it showed today

oh and we forgot to mention how the fraudster Craig Wright is now firmly associated with bitcoin trash.
and that Peter R still doesn't understand that causation does not equal correlation or just about anything really

[Torque]

BCH has only 2 supporters - Jihan and Roger.

Either ignorant or a liar. Which whither?

Oh silly us, that's right. There's 3 including yourself.

[jbreher]

just waiting for you to read through to the many posts today where we trash your meh coin for the deceit lies viruses and tomfoolery that it showed today
https://i.imgur.com/vYqijia.jpg
oh and we forgot to mention how the fraudster Craig Wright is now firmly associated with bitcoin trash.
and that Peter R still doesn't understand that causation does not equal correlation or just about anything really

Hard for me to understand how a coin (i.e., an inanimate thing) might be capable of lying. Perhaps you could restate your point in other terms that are not non-sequiturs?

[suzanne5223]

Planning to buy more btc but not sure when is the right time. Looking for a dip . So far i bought in august at $3200 so already made some profit

I don't see any dip happening before the fork but the price will slightly dump sometime, mostly during the weekend which is the best time for you to buy if you really want to.

What do you think the price will be for the B2X fork?

I don't understand what you're trying to say.