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

[LFC_Bitcoin]

Great to see some consolidation & perhaps support at this price. I’d honestly love to see a couple of months of boring, non action now to be honest.

[JayJuanGee]

Great to see some consolidation & perhaps support at this price. I’d honestly love to see a couple of months of boring, non action now to be honest.

The odds of consolidation at this price (let's be generous and allow between $14k and $16.5k) is about similar to the chances of a snowball in hell..

hahahahaha   

Perhaps I am exaggerating a tiny bit, but GET REAL LFC!!!!!

You really believe that we can just go into consolidation, in this price range?  

There is a bitcoin price battle going on.  We are in the middle of such price battle...   The best that you could wish for is perhaps a week at most in this price range, and the only reason that we could get a week here would be if the sides are battling it out, and no one side has enough will power to push it one direction or another... but in the end, they are not going to settle for this price range...   

NOT gonna happen..

the price will break one direction or another, and the odds seem to be a bit better for UP... but in the end, I don't know, but I do know that we are not staying here...

Sorry to be so adamant.. but this is WAR.... can't you see it?        

[arklan]

So with cboe futures on Sunday, I'm thinking coiled spring ready to blow. Not sure of direction, though I'm betting on up... Either way it's going to be insane.

Agree or no?

[jojo69]

the entire situation is so far beyond "insane" at this point that I really just don't have words

https://youtu.be/M62Va6Ft2cw

[JayJuanGee]

So with cboe futures on Sunday, I'm thinking coiled spring ready to blow. Not sure of direction, though I'm betting on up... Either way it's going to be insane.

Agree or no?

It could be buy the rumor, sell the news... but in the longer term it is certainly bullish... because there is almost no way that these traditional financial fucks have prepared themselves enough BTC to really engage with this new instrument.

[HairyMaclairy]

So with cboe futures on Sunday, I'm thinking coiled spring ready to blow. Not sure of direction, though I'm betting on up... Either way it's going to be insane.

Agree or no?

I am not expecting much engagement at the beginning.  Most of the major banks seem to be against it - possibly because they see bitcoin as a threat to their business model.  So I am actually expecting a soft start with momentum building from there.  As futures are quoted daily in the financial press, Bitcoin becomes normalized and the long term trend is strongly up.

[TERA2]

[JayJuanGee]

So with cboe futures on Sunday, I'm thinking coiled spring ready to blow. Not sure of direction, though I'm betting on up... Either way it's going to be insane.

Agree or no?

I am not expecting much engagement at the beginning.  Most of the major banks seem to be against it - possibly because they see bitcoin as a threat to their business model.  So I am actually expecting a soft start with momentum building from there.  As futures are quoted daily in the financial press, Bitcoin becomes normalized and the long term trend is strongly up.

Overall, I agree with this assessment.

As you may have seen from my previous posts, I have been increasing my sell order increments as BTC prices go up and also from time to time, I have to reestablish my buy back increments.  I thought that as BTC prices go up and my increments get larger, both in terms of dollar amounts but also percentages, that my whole trading practice was going to become more and more passive because it is going to take a whole hell of a lot longer to trigger my orders - but fuck, with 50% price movements in a few days and then all this other volatility, it has just been causing a whole hell-of-a lot of work, and I suspect that the work might be settling down in the future, but I am still suspecting that it could take a few more months to arrive at that settling down point.. .. .and it is not just the futures trading but just the ramping up for the futures trading.. but the price has to catch up a little bit.. meaning go up, to put bitcoin in that place... so.. maybe we are going to be bouncing between $12k and $34k for the coming months.... 

but, yeah, whatever, we can try to project and speculate on some kind of reasonable scenario, yet bitcoin has this tendency to go beyond reasonable expectations, too.  aka overshooting...

[jojo69]

good grief

economic singularity

[realr0ach]

the entire situation is so far beyond "insane" at this point that I really just don't have words

Much weirder story than that cop executing some guy, a porn actress who "acted" in scenes with both men and women refused to participate in a scene with a man who acted with other men, gets spammed on twitter, then hangs herself:

http://dailystormer.red/when-a-porn-star-kills-herself-because-she-is-attacked-for-refusing-to-fuck-homosexuals/

The article brings up the obvious trainwreck of ideologies of California, that women should be allowed to do anything they want and have any type of double standards they want, but you're not supposed to discriminate against any other gender identities or choices, yet the girl who hanged herself has done lesbian movies so it's totally hypocritical.  This may be the first time ever that SJWism turned out to benefit instead of discriminate against males.

[windjc]

the entire situation is so far beyond "insane" at this point that I really just don't have words

Much weirder story than that cop executing some guy, a porn actress who "acted" in scenes with both men and women refused to participate in a scene with a man who acted with other men, gets spammed on twitter, then hangs herself:

http://dailystormer.red/when-a-porn-star-kills-herself-because-she-is-attacked-for-refusing-to-fuck-homosexuals/

The article brings up the obvious trainwreck of ideologies of California, that women should be allowed to do anything they want and have any type of double standards they want, but you're not supposed to discriminate against any other gender identities or choices, yet the girl who hanged herself has done lesbian movies so it's totally hypocritical.

You are kinda a douche bag. Just saying.

[TERA2]

Someone who commits suicide probably has a longstanding depression or chronic pain condition and isn't just committing suicide due to whatever appeared to happen most recently.

[realr0ach]

Someone who commits suicide probably has a longstanding depression or chronic pain condition and isn't just committing suicide due to whatever appeared to happen most recently.

Regardless, it's a monumental case because it's the first time ever SJWism was pro-white male and anti-female instead of the usual exact opposite.  It only required the white male to perform in numerous man on man gangbang movies in order to receive these benefits.

[bitserve]

The situation with Kraken has just gone to the extreme. Previously you knew you had to plan the conditional limit orders in advance as it was completely unoperable during big moves... Now it has been two days since I haven't been able to even cancel my standing orders to finish my FULL moving out.

I understand exchanges to be overflowed by new users and high activity but this is beyond ridiculous. If you can't even cope with order cancelations just stop accepting new users or even stop all trading altogether.

At least my withdrawals are going out without much trouble (apart from having to send the order multiple times). So not saying they are thieves, just incompetent. The problem will come when I am not able to withdraw any funds reserved for standing orders I can't even cancel.

[TERA2]

Trading litecoin just isnt the same without a trollbox and fontas.

[realr0ach]

Trading litecoin just isnt the same without a trollbox and fontas.

Trading litecoin = normal bid side is 100 btc.  Someone puts in a bull flag and fakes bid side up to 2000 btc, let random goyim enter on margin, PULL all bids, everyone margin called.

[TERA2]

I remember a single 4000BTC buy wall on Feathercoin.

[CornCube]

the entire situation is so far beyond "insane" at this point that I really just don't have words

Video shows police killing of Daniel Shaver in Mesa, Arizona (viewer discretion advised)

I presume this officer was wearing a bullet proof vest. The odds of someone shooting him accurately in the head from that kneeling position with a handgun are about 0 at such a speed that the officer would not be able to react if he had waited to see a gun alight. Handguns are very inaccurate even at close range and in a stationary aiming position. The officer has an automatic rifle! Totally asymmetric risk situation.

That the officer was unable to recognize that the suspect was flustered, probably drunk or just becoming so pumped with fight-or-flight adrenaline that he was becoming floppy and disoriented, speaks to the officer not having any social perception skills. The hallmark of seeing other humans only as objects.

The suspect was crying not to be shot. Any human with any amount of empathy and perception could detect a very low odds of this suspect being threat, not even accounting for the aforementioned asymmetrical advantage of the officer. The suspect was quite effeminate in the mannerism especially evident by the physical positioning of when he threw his arms into the air. Even the way the suspected male and female causally walked to the hallway indicates they were not threatening.

To murder innocents with impunity while being at a very low risk in a job that you signed up for knowing it is high risk, is the hallmark of a sociopath who doesn’t empathize with humans nor take responsibility for his actions.

This is what happens when the police/SWAT are militarized and trained for the big T false flag lies, and recruiting misfits. I suspect these sociopath psychological profiles are being actively recruited and promoted by the wacko decadent society which is the USA.

And in the video of the officer testifying on the witness stand, the government assigned attorney who is asking him questions is arguing that following protocol makes it not murder. If the government’s protocol advocates murder, then it is still murder. Just because the government has a protocol, doesn’t justify a license to murder. Yet another sign of the decadence of the USA.

[Ludwig Von]

The situation with Kraken has just gone to the extreme. Previously you knew you had to plan the conditional limit orders in advance as it was completely unoperable during big moves... Now it has been two days since I haven't been able to even cancel my standing orders to finish my FULL moving out.

I understand exchanges to be overflowed by new users and high activity but this is beyond ridiculous. If you can't even cope with order cancelations just stop accepting new users or even stop all trading altogether.

At least my withdrawals are going out without much trouble (apart from having to send the order multiple times). So not saying they are thieves, just incompetent. The problem will come when I am not able to withdraw any funds reserved for standing orders I can't even cancel.

Putting, canceling orders = pain in the ... . Even logging in the account is a terrible experience... .

[Wekkel]

Trading litecoin just isnt the same without a trollbox and fontas.

Fontas the pumper 



Those were the days...