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

[Toxic2040]

From @BigCheds



Going to test 11k shortly imho.

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[RealMachasm]

WORMSIGN !

Now I know what CCMF, Carolina, Trains, Rockets and even Russel Crowe in Gladiator mean, but the hell does wormsign mean??

https://www.youtube.com/watch?v=5-EdLMxjPCg

Thanks. Don’t know if I am any the wiser though that YouTube clip was funny.

[jojo69]

WORMSIGN !

Now I know what CCMF, Carolina, Trains, Rockets and even Russel Crowe in Gladiator mean, but the hell does wormsign mean??

foreboding mempool activity

[sirazimuth]

Good morning Bitcoinland.

I see we're still going sideways in the $10K-$11k range... currently $10724USD/$13775CAD (Bitcoinaverage).

Seems February ended up about where it began, after all kinds of drama.

Winter's grinding down. Hopefully we'll have our spring rally soon.

I always found it hard to play with more than one guitarist. They tend to go off on long jammy tangents without telling me. I guess my ear wasn't good enough to pick up the chord changes quick enough.

It's hard to imagine having another guitar in our outfit.  It is a hell of a lot of noise the way it is.

"Lead" guitar players are annoying. I hate having to play with more than one guitarist at a time. One good rhythm guitarist is worth more than 100 noisy, self-centered "lead" guitarists with all their goofy effects pedals and total lack of self control.

They're so clueless some of them actually think that people other than guitarists actually give a shit about some rambling pointless guitar solo. Most audiences are concerned primarily with the actual melody and lyrics of the song. They consciously listen mostly to the lead vocals while subconsciously being moved by the groove of the rhythm section. The singer is the main treble voice, not some silly guitar.

As a bassist, I'd rather play with 2 drummers than 2 guitarists. I can handle a good 3-piece (bass, drums, guitar) band because the guitarist is forced to play mainly strong rhythm with only the occasional "lead" fluff. Frankly, I'd rather have a good sax player to play the instrumental breaks, as long as he doesn't think he's John Coltraine.

/rant

Playing bass myself mostly in power trio line ups  I concur on most of your points.

Though I will say if a lead guitar break is well thought out ,arranged and  melodically slick,

 it can add substance to the track, especially maybe for the middle eight.

David Gilmore of Pink Floyd for one was a master at this.

But mindless shredding to show off ones playing speed? oh perleeeze!

Leave that for the Spinal Tap metal head moroons holding lighters over their heads, I'll pass thank you...

[Torque]

Thanks. Don’t know if I am any the wiser though that YouTube clip was funny.

You should read Dune, a classic. Then watch the movie, a cult classic.

I wish they would remake Dune the movie. With today's CGI and stuff it would be awesome.

[RealMachasm]

Thanks. Don’t know if I am any the wiser though that YouTube clip was funny.

You should read Dune, a classic. Then watch the movie, a cult classic.

Will do.

[JimboToronto]

Though I will say if a lead guitar break is well thought out ,arranged and  melodically slick,

 it can add substance to the track, especially maybe for the middle eight.

David Gilmore of Pink Floyd for one was a master at this.

But mindless shredding to show off ones playing speed? oh perleeeze!

Leave that for the Spinal Tap metal head moroons holding lighters over their heads, I'll pass thank you...

Absolutely. Strong melodies are what most audiences want to hear, not noodling nor technique wanking.

[jojo69]

You guys are making me feel better about my...not...shredding ability.

[mindrust]

Speaking of Guitars eh? Here is my rig. (Rig is still not complete. Waiting for 20xx series Nvidia's and maybe a Heritage H-150 :p)



*You can tell which one is my favorite by looking at them

[HairyMaclairy]

I dunno guys. Shorts have not yet capitulated and overall mem pool is dropping.  We are testing $11k right now but I’m not quite feeling the vibe yet.

We are also testing the underside of the trend line for Bitstamp.  Even a couple hundred dollars more in price would be a big deal at this point. 

[bitserve]

I dunno guys. Shorts have not yet capitulated and overall mem pool is dropping.  We are testing $11k right now but I’m not quite feeling the vibe yet.

I don't know either... but maybe you are giving to much importance to the ratio of shorts/longs. Most of the biggest pumps were in fact due to the high amount of shorts being rekt and forced to buy BTC on liquidation.

[HairyMaclairy]

Maybe.  I think if we can get to $11,200 it will be all on for young and old.  But I’m not quite seeing the path to $11,200. 

[jojo69]

I dunno guys. Shorts have not yet capitulated and overall mem pool is dropping.  We are testing $11k right now but I’m not quite feeling the vibe yet.

We are also testing the underside of the trend line for Bitstamp.  Even a couple hundred dollars more in price would be a big deal at this point. 

with ya, looking for a short term exit around 10950

[Micky25]

Thanks. Don’t know if I am any the wiser though that YouTube clip was funny.

You should read Dune, a classic. Then watch the movie, a cult classic.

I wish they would remake Dune the movie. With today's CGI and stuff it would be awesome.

http://www.slashfilm.com/dune-remake-star-wars-for-adults-denis-villeneuve/

[HairyMaclairy]

At least it’s better than the Petro.  Marshall Islands to issue own crypto called the Sovereign.  Will be legal tender.

https://www.coindesk.com/meet-sovereign-marshall-islands-government-issue-crypto-token/

[mike4001]

500 BTC between the current 10900 and 11000 at Bitstamp :-/

Why would anyone want to hold the price down?

I really don't understand it.

I don't count the argument that they want to buy cheap coins ... they had almost 2 months to do that now.

[ssmc2]

Thanks. Don’t know if I am any the wiser though that YouTube clip was funny.

You should read Dune, a classic. Then watch the movie, a cult classic.

I wish they would remake Dune the movie. With today's CGI and stuff it would be awesome.

http://www.slashfilm.com/dune-remake-star-wars-for-adults-denis-villeneuve/

I hadn't heard about that. Awesome. Perfect director too.

[Paractor]

Speaking of Guitars eh? Here is my rig. (Rig is still not complete. Waiting for 20xx series Nvidia's and maybe a Heritage H-150 :p)



*You can tell which one is my favorite by looking at them

The one in the middle I would take a wild guess as being your fav.

I dunno guys. Shorts have not yet capitulated and overall mem pool is dropping.  We are testing $11k right now but I’m not quite feeling the vibe yet.

We are also testing the underside of the trend line for Bitstamp.  Even a couple hundred dollars more in price would be a big deal at this point. 

500 BTC between the current 10900 and 11000 at Bitstamp :-/

Why would anyone want to hold the price down?

I really don't understand it.

I don't count the argument that they want to buy cheap coins ... they had almost 2 months to do that now.

This is what you should tell those who tell you to sell your bitcoins
https://twitter.com/bitcoinbella/status/959480598615085056

[LFC_Bitcoin]

500 BTC between the current 10900 and 11000 at Bitstamp :-/

Why would anyone want to hold the price down?

I really don't understand it.

I don't count the argument that they want to buy cheap coins ... they had almost 2 months to do that now.

Yeah, I don’t see the importance of $11,000 as a resistance point myself. It’s being used as a dump alarm though by somebody.

[HairyMaclairy]

Bitcoin.com wallet stores seed in plain text.  No one surprised. https://www.coinbureau.com/news/jaxx-bitcoin-com-wallet-vulnerabilities-discovered-researchers/