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Question: What happens next?
$7,500 - 32 (62.7%)
$9,500 - 19 (37.3%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21433880 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (129 posts by 23 users deleted.)
BobLawblaw
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March 17, 2018, 02:05:51 AM
Last edit: March 17, 2018, 02:21:49 AM by BobLawblaw
Merited by jbreher (1), jojo69 (1), RejectedBanana (1)

Yesterday: Lightning goes beta
Today: Visa head honcho opines on bitcoin below
https://www.cnbc.com/2018/03/16/visa-finance-chief-attacks-bitcoin-bubble.html
Lightning: would cost about 1c or even less for merchants to accept
Visa: costs 3% (at least) for merchants to accept
Hmmm, I wonder what may win out eventually
"This is the ultimate thing that you hear about when you have a bubble, when the guy shining your shoes tells you what stock to buy," the Visa executive said.
This quote sums up the mentality of these guys



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March 17, 2018, 02:13:02 AM

bitcoin is in rekt!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
and take health coin with self.. dumb believe idiots are here!!!!!!!!!!!!!!!
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March 17, 2018, 02:23:17 AM

bitcoin is in rekt!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
and take health coin with self.. dumb believe idiots are here!!!!!!!!!!!!!!!
Google translate is not your friend.  Roll Eyes
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March 17, 2018, 02:47:56 AM

Google translate is not your friend.  Roll Eyes

Google is a great program, which shows small skills in this area in their language and affects overall. If you disagree with having a penis
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March 17, 2018, 02:48:13 AM
Merited by JayJuanGee (1)

didn't read the whole thing but depents on witch kind of booze .... there are some pricey bottles of booze on the market Wink

 
 Seriously - I'll throw 0.5 BTC for libations towards the $100k party. 0.5 BTC == 0.5 BTC after-all, right ? I'm playing with that much for my Lightning nodes, so it seems fair to "blow the other 0.5 on crazy party shit" - to my mind.


Already making more promises? But this one's for really reals right?
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March 17, 2018, 02:58:00 AM

Yesterday: Lightning goes beta
Today: Visa head honcho opines on bitcoin below
https://www.cnbc.com/2018/03/16/visa-finance-chief-attacks-bitcoin-bubble.html

Lightning: would cost about 1c or even less for merchants to accept
Visa: costs 3% (at least) for merchants to accept

Hmmm, I wonder what may win out eventually

hahahahaha ... this guy is really the typical dinosaur in serious denial about the comet .. hey Prabhu, 2013 called and it wants it's FUD back.



this other FUD about the shoeshine boy quote is being deceptively used out of context also ... in 1928 the shoeshine boy myth was created by Joe Kennedy (prez's dad) to articulate that everybody was all-in, including the shoeshine boy and that is what he used to mark the top.

In bitcoin the shoeshine boy (do they even exist anymore since EBT cards?) is talking bitcoin because he's a man on the gritty streets who has scored something questionable with it and the top tiers don't want to even talk about bitcoin in polite company (you can't shut them up about overbought stocks, bonds and real estate) ... it's nothing like the "everybody all-in at the top" talk ... it's just some dumb FUD pablum they are feeding the feeble minded chatterboxes in the lamestream to spread around and keep the masses from stirring.

Go long on the shoeshine boy!
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March 17, 2018, 03:00:43 AM
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bitcoin is in rekt!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
and take health coin with self.. dumb believe idiots are here!!!!!!!!!!!!!!!

Delete awful troll post, or leave it up for entertainment value? That is a dilemma we regularly face here.
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March 17, 2018, 03:01:26 AM
Last edit: March 17, 2018, 04:56:11 AM by BobLawblaw

Already making more promises? But this one's for really reals right?

For reals. I can happily make that commitment while maintaining my anonymity. In theory.

In all seriousness, I think the idea of having a "$100k Party" is a great, but I doubt I would attend for personal reasons (Mostly, I hate meatspace, that it seems like it'd be an OpSec nightmare - Would not feel comfortable partying with people while I'm packing two pistols, for example)

I would need to be "on guard" all evening. We'd need massive security measures to seriously contemplate a party like that.

I agree with the idea of needing to sign a message from a pre-established address, with an arbitrary phrase given at the door, to gain entrance.
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March 17, 2018, 03:04:42 AM

This sounds lovely but I am deeply suspicious. 

https://blog.genesis.vision/genesis-markets-announcement-f520ea832168
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March 17, 2018, 03:05:58 AM

Yesterday: Lightning goes beta
Today: Visa head honcho opines on bitcoin below
https://www.cnbc.com/2018/03/16/visa-finance-chief-attacks-bitcoin-bubble.html

Lightning: would cost about 1c or even less for merchants to accept
Visa: costs 3% (at least) for merchants to accept

Hmmm, I wonder what may win out eventually

hahahahaha ... this guy is really the typical dinosaur in serious denial about the comet .. hey Prabhu, 2013 called and it wants it's FUD back.


this other FUD about the shoeshine boy quote is being deceptively used out of context also ... in 1928 the shoeshine boy myth was created by Joe Kennedy (prez's dad) to articulate that everybody was all-in, including the shoeshine boy and that is what he used to mark the top.

In bitcoin the shoeshine boy (do they even exist anymore since EBT cards?) is talking bitcoin because he's a man on the gritty streets who has scored something questionable with it and the top tiers don't want to even talk about bitcoin in polite company (you can't shut them up about overbought stocks, bonds and real estate) ... it's nothing like the "everybody all-in at the top" talk ... it's just some dumb FUD pablum they are feeding the feeble minded chatterboxes in the lamestream to spread around and keep the masses from stirring.

Go long on the shoeshine boy!

I prefer this shoeshine story: https://www.youtube.com/watch?v=PJzNUydlQ4I
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March 17, 2018, 03:07:54 AM






@birr... The first part of your discussion of dollar cost averaging lends some insight to the practice because you are indicating that there is something wrong with employing an opposite strategy... however, then your suggestion largely devolves into a kind of recommendation of a reverse dollar cost average strategy.

NO matter if you are in a BTC accumulation stage, or a maintenance stage or a liquidation stage, your strategy should be to attempt to sell BTC on the way up and to buy BTC on the way down.  Of course the more you are on one spectrum or another remains a personal choice but it also effects how you may employ the strategy.  So for example, if you are in a BTC accumulation stage you might buy more on dips and perhaps sell less on rises because your goal is accumulation, but that should not cause you to sell on the way down or buy on the way up.

Usually, if some one who is employing a sell on the way up and buy on the way down is panicking because they screwed up and did not sell enough, so the strategy probably would be to attempt to make up for the screw up by selling a decent sized chunk and then returning to the strategy of buying if the price goes down with the proceeds that were generated from the sale.

Continuing to sell on the way down or creating a plan that continues to sell on the way down is not a good strategy nor is it equally good as buying on the way down... and perhaps making and emergency sell because of a screw up and then maybe even going back to HODL, if not feeling comfortable enough to buying on the way down.



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March 17, 2018, 03:20:47 AM

China to ban people with bad social credit from using planes / trains

https://mobile.reuters.com/article/amp/idUSKCN1GS10S?__twitter_impression=true

Sound a bit like SSSS from the TSA.
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March 17, 2018, 03:28:21 AM

This sounds lovely but I am deeply suspicious.  

https://blog.genesis.vision/genesis-markets-announcement-f520ea832168

Quote from: Genesis Markets
the Alpha version of the platform is launching on April 1st.

Funny birthday.
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March 17, 2018, 03:29:59 AM
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Someone just bought 1 million USD worth of BTC. And another guy sold half million USD worth of BTC. Insane.

Edit: For anyone who wasn't following the live feed: someone bought ~4K BTC at market price and then left a 3.7k bid wall at 130. Then a minute later someone just swallowed that wall in one take
maliken01
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March 17, 2018, 03:31:12 AM

Bitcoin will gonna dip more for sure.
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HODL.


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March 17, 2018, 03:55:28 AM
Merited by Globb0 (2), mindrust (1), d_eddie (1)

Someone just bought 1 million USD worth of BTC. And another guy sold half million USD worth of BTC. Insane.

Edit: For anyone who wasn't following the live feed: someone bought ~4K BTC at market price and then left a 3.7k bid wall at 130. Then a minute later someone just swallowed that wall in one take

Ban? (Copy pasted post from 2013)

Quote
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Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore
April 20, 2013, 09:57:21 PM
   
#646
Someone just bought 1 million USD worth of BTC. And another guy sold half million USD worth of BTC. Insane.

Edit: For anyone who wasn't following the live feed: someone bought ~4K BTC at market price and then left a 3.7k bid wall at 130. Then a minute later someone just swallowed that wall in one take.
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March 17, 2018, 04:02:14 AM

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March 17, 2018, 04:27:11 AM

I was going to HODL but when I saw this DEATH CROSS

https://www.youtube.com/watch?v=qQARQRW1824&t=317s

And the bear market that comes after... I figure I should go short full leverage.

Anyone else planning to make a move based on this 50MA crossing below the 200MA?
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March 17, 2018, 05:05:30 AM

I was going to HODL but when I saw this DEATH CROSS

https://www.youtube.com/watch?v=qQARQRW1824&t=317s

And the bear market that comes after... I figure I should go short full leverage.

Anyone else planning to make a move based on this 50MA crossing below the 200MA?

Did you actually watch the whole video?  Cheesy The other indicators indicate a good chance of a small rise in the near term according to this guy. Perhaps you should zoom out and wait until the death cross actually happens on the 1D rather than the 15 minute.
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March 17, 2018, 05:09:51 AM

I can see 8000 where I will purchase another $100k Of BTC. What is your plans?

On top of buying drinks for the entire thread, I'll suck your dick if we see $8,000 USD/BTC this year.

You can quote me on that.

Saw this joke some time ago....Interesting - do you answer in your own words .. looks like bears are not so optimistic (March 15, 1btc / $ 7665.1 on bitfinex)
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