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

[bitserve]

-tera bera

Duration:

Glade - 6 weeks
Glide -  6 months

Beginning:

Glade - 3 year record breaking volume after 70% decline
Glide  - ? Another volume bounce indicator somewhere around 5.5k ?

End

Glade - Attempts to bust past a 100% increase or reach any level that will credibly start a new bull run fizzle out (failing at 11.8 twice, then at 10 on the way down sealed it as over)
Glide -  ? Same as above, trying to get past 10k fails ?

Maybe it's just me... but I didn't understand anything

[RealMachasm]

-tera bera

Duration:

Glade - 6 weeks
Glide -  6 months

Beginning:

Glade - 3 year record breaking volume after 70% decline
Glide  - ? Another volume bounce indicator somewhere around 5.5k ?

End

Glade - Attempts to bust past a 100% increase or reach any level that will credibly start a new bull run fizzle out (failing at 11.8 twice, then at 10 on the way down sealed it as over)
Glide -  ? Same as above, trying to get past 10k fails ?

Maybe it's just me... but I didn't understand anything

Nope not just you?

[bitserve]

Things looking a bit brighter today and really refreshing to see people already talking about the future $100K party. *THAT* would be *EPIC*.

Just don't buy anything to show off at the party:

https://www.youtube.com/watch?v=gCQRvfWvdt8

or the IRS will hunt your ass for the rest of your life.

***Don't Buy Anything***

Or pay your due taxes before buying anything maybe?

Look at Bob, he has probably paid more in taxes than an average person would need to live their entire life. It's costly, yep, but I guess you buy some peace of mind with that. Not because it is fair or even moral, but just because you avoid such potential problems.

Of course we all have the right to gamble on the risk of not doing it. That's each person decision.

[conspirosphere.tk]

End

Glade - Attempts to bust past a 100% increase or reach any level that will credibly start a new bull run fizzle out (failing at 11.8 twice, then at 10 on the way down sealed it as over)
Glide -  ? Same as above, trying to get past 10k fails ?

What end?
The dumpage was the Gox liquidator doing his thing, and in the current train wreck BTC is increasing its market share versus alts as usual.
Soon we'll moon again.

[xhomerx10]

I know you know about r/K, so tell me how this sounds to you.
People either think in an r way or a K way, to varying degrees. When a hard r and a hard K meet, they instinctively recognize one another for what they are, and instantly hate eachother.

So far as I have been able to apply r/K selection theory to my peer group, equating Liberal r to Conservative K, I've unfriended friends and family on social media over their liberal views.

Don't care if I ever cross paths with them at family functions in the future, ever again.

EDIT: I'm a firm 2nd Amendment supporter, and the reee's and tears from my Liberal contacts, in the wake of this recent Florida School shooting, was enough to say "You know what Bob. You're retired. You don't have to deal with any shit you don't want to deal with any more. Fuck 'em".

We have kids literally marching to have their rights taken away from them.

What sort of fucked up alternate-reality have I slipped into ?!

 Nothing wrong with healthy debate and the pro-2nd amendment side needs your support.  Those kids are marching to give away a tangible item because they dont know any better.  It's not a right to them, it's just a thing; a gun they're giving up and since they dont use them anyway, they dont see it as giving up anything.  They need proper education so they can make a more informed choice.  Educate them Bob!

[Last of the V8s]

sorry guys i started early - gonna drink this Dublin pub dry

[xhomerx10]

Look at Bob, he has probably paid more in taxes than an average person would need to live their entire life. It's costly, yep, but I guess you buy some peace of mind with that. Not because it is fair or even moral, but just because you avoid such potential problems.

Of course we all have the right to gamble on the risk of not doing it. That's each person decision.

That's the point: I don't pay taxes as a matter of principle, just like I don't pay extortionists, which is the same.
If I have to live as a mafiaman and risk everything all the time, so be it. The Revolution is not for gays.

 Now I feel as though there will be IRS agents infiltrating our party.  I suggest we have to sign a message with our posted addresses to gain entry.  Maybe r0ach can guard the door to keep the riff raff out

[bitserve]

sorry guys i started early

I see 0.1BTC of beer right there. Nice as a starting point.

[bitserve]

Look at Bob, he has probably paid more in taxes than an average person would need to live their entire life. It's costly, yep, but I guess you buy some peace of mind with that. Not because it is fair or even moral, but just because you avoid such potential problems.

Of course we all have the right to gamble on the risk of not doing it. That's each person decision.

That's the point: I don't pay taxes as a matter of principle, just like I don't pay extortionists, which is the same.
If I have to live as a mafiaman and risk everything all the time, so be it. The Revolution is not for gays.

The thing is I am not specifically against taxes. I am against the inefficient usage they do with our taxes. Taxes are needed, irresponsible spending of public funds absolutely NOT. That's what we should fight against.... but it is a lost battle unfortunately.

[Ibian]

Look at Bob, he has probably paid more in taxes than an average person would need to live their entire life. It's costly, yep, but I guess you buy some peace of mind with that. Not because it is fair or even moral, but just because you avoid such potential problems.

Of course we all have the right to gamble on the risk of not doing it. That's each person decision.

That's the point: I don't pay taxes as a matter of principle, just like I don't pay extortionists, which is the same.
If I have to live as a mafiaman and risk everything all the time, so be it. The Revolution is not for gays.

The thing is I am not specifically against taxes. I am against the inefficient usage they do with our taxes. Taxes are needed, irresponsible spending of public funds absolutely NOT. That's what we should fight against.... but it is a lost battle unfortunately.

We got a major economic disaster coming at some point. Hence bitcoin.

[conspirosphere.tk]

The thing is I am not specifically against taxes. I am against the inefficient usage they do with our taxes. Taxes are needed, irresponsible spending of public funds absolutely NOT. That's what we should fight against.... but it is a lost battle unfortunately.

Once you accept that someone can extort money from you -for any reason-, there is no limit to your enslavement.
But if you are fine with it, good for you. Me, I opt out, with any means necessary.

[Last of the V8s]

[Toxic2040]

Noisy data on the old reliable.




Tera..look at your chart at around 2015..I believe you might not have put enough parabola in your channel going upwards. It looks not only flat to me but the scale is off towards the end. Have you ever used a brake press? Or bent rebar or other similar materials? If you take the circles you have in your channel and move them to the bottom and then the top lines, you will see where your parabola should start to happen.


Quadriatic Bézier curves.

[LFC_Bitcoin]

Things looking a bit brighter today and really refreshing to see people already talking about the future $100K party. *THAT* would be *EPIC*.

I’ll supply the cocaine (not going to say if I’m joking or not due to discretion)

[bitserve]

Noisy data on the old reliable.




Tera..look at your chart at around 2015..I believe you might not have put enough parabola in your channel going upwards. It looks not only flat to me but the scale is off towards the end. Have you ever used a brake press? Or bent rebar or other similar materials? If you take the circles you have in your channel and move them to the bottom and then the top lines, you will see where your parabola should start to happen.


Quadriatic Bézier curves.

WTF?!?

So... uh... UP?

[gentlemand]

The thing is I am not specifically against taxes. I am against the inefficient usage they do with our taxes. Taxes are needed, irresponsible spending of public funds absolutely NOT. That's what we should fight against.... but it is a lost battle unfortunately.

Once you accept that someone can extort money from you -for any reason-, there is no limit to your enslavement.
But if you are fine with it, good for you. Me, I opt out, with any means necessary.

I haven't opened a letter from the tax man in over two decades so I've no idea what he thinks of me these days. They get binned if they manage to find an address to send to. I also own pretty much nothing and no longer even have a mobile phone number, let alone a real one.

I presume coming in from the cold will involve men with torches on the end of their shooters coming to visit. Or I could just pick up my one bag of filth, go abroad and never return.

[Toxic2040]

WTF?!?

So... uh... UP?

I wish I could say...YES!  Its going up and never coming down. Reality though.
I believe in the long term we are all going to be fine..  Right now I think we are laddering up to some of the resistance points I illustrated on the chart but with low hanging cloud cover in the forecast I am still cautiously optimistic. I think the price right now is lower than it should be but my opinion is just that...a opinion.

[JayJuanGee]

One Bcash wallet owned by Bitmain with a staggering 440,000 Bcash in it, that bag gets bigger everyday because nobody is buying that shitcoin.

It'd probably be a lot bigger if the largest Bitcoin holders (like the WinkleVii for example) would dump all their remaining BCash, but I imagine that some of them just can't be bothered to jump through the hoops.  

How do we know that Winklvii and some of the other BIG ones have not dumped their Bcash?

Well I guess we don't know that, it would take some sleuthing to know for sure. The WinkleVii claim to have not sold anything and have all their Bitcoin locked up.

But then with a BCash major dump the question is who would buy it? The BCash float is so tiny and thin right now that it couldn't take a major market dump. Not on the scale of what the Bitcoin market can absorb.

I have heard some of the Windlevii claims, and I just don't buy the parts about the locked up bitcoin.  I believe that they can honestly maintain their claim that they have not spent any of their bitcoin, but still move their bitcoin.  It seems that they did use some of their own bitcoin to collateralize petitions that they were making.

I do agree with your point that there are likely some BIG OG Bcash holders out there that currently could pretty much drive the Bcash market into a pretty low price status, if they were to chose to take such action.  It may be wishful thinking to hope for such, and perhaps we are merely going to witness ongoing Bcash bleeding.. and maybe some here and there attempts at pumps.  Unless we witness some pretty calamitous Bcash price dumping, I don't doubt that there are some businesses that might not be gullible enough to take bcash on as a "cheaper bitcoin," which could cause further pumps.

[Biodom]

Next time it goes superparabolic I want to be all in, not waiting to buy the dip.

Any sense what forks are worth if you have already sold your bcash lol and Bgold?

I am looking forward to a wallet which can give you a split of all forks, then convert them all to btc.
I don't mind to pay a fee for it (0.5%-1% of the total sum is probably reasonable).
Maybe there is already a tool like this, but i am unaware of it (has to be completely reliable).
I did one conversion, splitting btc, bch and btg. It was a bit long with the use of multiple apps.

[Biodom]

One Bcash wallet owned by Bitmain with a staggering 440,000 Bcash in it, that bag gets bigger everyday because nobody is buying that shitcoin.

It'd probably be a lot bigger if the largest Bitcoin holders (like the WinkleVii for example) would dump all their remaining BCash, but I imagine that some of them just can't be bothered to jump through the hoops.  

How do we know that Winklvii and some of the other BIG ones have not dumped their Bcash?

Well I guess we don't know that, it would take some sleuthing to know for sure. The WinkleVii claim to have not sold anything and have all their Bitcoin locked up.

But then with a BCash major dump the question is who would buy it? The BCash float is so tiny and thin right now that it couldn't take a major market dump. Not on the scale of what the Bitcoin market can absorb.

I have heard some of the Windlevii claims, and I just don't buy the parts about the locked up bitcoin.  I believe that they can honestly maintain their claim that they have not spent any of their bitcoin, but still move their bitcoin.  It seems that they did use some of their own bitcoin to collateralize petitions that they were making.

I do agree with your point that there are likely some BIG OG Bcash holders out there that currently could pretty much drive the Bcash market into a pretty low price status, if they were to chose to take such action.  It may be wishful thinking to hope for such, and perhaps we are merely going to witness ongoing Bcash bleeding.. and maybe some here and there attempts at pumps.  Unless we witness some pretty calamitous Bcash price dumping, I don't doubt that there are some businesses that might not be gullible enough to take bcash on as a "cheaper bitcoin," which could cause further pumps.

with bitcoin's volatility, it is difficult to borrow against it (in Winkelevi case); perhaps they used or will use futures.