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

[marcus_of_augustus]

bad actors have always attempted to derail this thread, it is the beacon for bitcoin freedom so they scat all over it to scare away the noobs into fakecoin scams or until they can fill their bags ... they have varying levels of success, roach and bitunlocker are doing ok by notlambchop standards (I would have banned both long before now because clearly they are just here to derail ... but hey that's just me)

[Syke]

PSA: Keep your stash away from your pets.

https://twitter.com/Waynetwpfire/status/985979734206173185

[BTCMILLIONAIRE]

I only care about bitcoin everything else seems insignificant

Pretty much, sitting here day after day waiting for 2021 ish when my stash will make me rich. Running two companies is boring & unfulfilling. I want to travel, fuck hookers & snort copious amounts of cocaine.

I highly doubt you will find that very fulfilling for very long.

The travel part might work, accompanied with a hobby that requires constant striving (e.g. learning any arbitrary skill or set of skills and pushing it to its limits). The latter part sounds pretty boring.

I have this idea about taking up archery at some point. Probably won't, but it's as good a hobby as any.

It's fun, can recommend.

Who cares if it’s legal or not?
I can’t imagine a life without social drug use.

Any sane person would care about legality when it comes to the Middle East or some parts of Asia. Their drug laws are completely and utterly insane and only a complete moron would play with that kind of fire.

In Thailand people kept trying to sell drugs to me. I don't do drugs so there was no temptation, but even if I did I would stay the fuck away from that knowing how seriously local authorities take it. Never be underinformed, about anything.

Even if it was safe to use drugs in Thailand I wouldn't want to take anything from some random person that offered them to me on the streets. At some point safety just comes first.

Who cares if it’s legal or not?
I can’t imagine a life without social drug use.

Any sane person would care about legality when it comes to the Middle East or some parts of Asia. Their drug laws are completely and utterly insane and only a complete moron would play with that kind of fire.

In Thailand people kept trying to sell drugs to me. I don't do drugs so there was no temptation, but even if I did I would stay the fuck away from that knowing how seriously local authorities take it. Never be underinformed, about anything.

What do you get for smoking a reefer over there?

In Japan around 5 years in prison were the norm if I recall correctly. Not sure if Thailand would be more or less strict. Funny sidenote, psilocybe mushrooms were legally available all over the place in Japan until around 2006. They were outlawed because people were unable to clearly label them and to tell them apart from your everyday edible mushroom.

[Ibian]

Racial differences, the basic cliffnotes version:

Whities are pretty smart. We have good IQ.
Hispanics have lower IQ than whities.
Black americans lower.
African africans even lower on account of not being contaminated with white blood.
Certain asian countries have higher IQ than uses, especially china and japan.
Jews have the highest IQ of all.

IQ correlates with lifetime earning potential. That is, jews own a highly disproportionate amount of all the wealth in the world. Blacks will always be poor.

In addition different races are better at certain things than others. For example, the fastest olympic runners are mostly black. Comes from running from lions and after gazelles. Chinks are smarter than whites, but less creative. And asians have faster reflexes than the rest of us.

There is no controversy over any of this among professionals, it's all pure biology. There are evolutionary explanations for all of it and it can all be measured. And yet it is called racist and if I had a normal people job this post could get me fired. If I was german or british I could be jailed for it.

I am not sure if you are right or not... but... I think it is not very smart to SAY all that... more so if you don't refer to the scientific studies where all that is proved beyond any possible doubt. Yes, in some countries it could even be considered racist speech. Not that I fucking care, but I don't know the need of doing it.

Why would I spend literal days getting all that together when not one of you will spend weeks and months reading and understanding it?

This is the internet, any information can be found for those who wish to find it. Those who are interested will study the topic on their own, and the mental children who can't tolerate reality will carry on with their tantrums regardless.

When you make blanket "cliff notes" statements like that (and this has nothing to do with whether I may agree with them or not...hell.. they may indeed have some truth to them for all I phucking know) but you need citation links to back them up, and I'm sure you know that.
Then again this is just a no holds barred random internet thread (lately anyway) complete with random delusional posters,
 so ateotd maybe it doesn't phucking matter anyway...

This is not a scientific journal. It "needs" exactly the effort I care to put into it. And, do you in fact agree with it, or not?

[Kylapoiss]

I only care about bitcoin everything else seems insignificant

Pretty much, sitting here day after day waiting for 2021 ish when my stash will make me rich. Running two companies is boring & unfulfilling. I want to travel, fuck hookers & snort copious amounts of cocaine.

I highly doubt you will find that very fulfilling for very long.

 Well, for me, thats enough, i´m not very demanding.

If you do make it don't go over the top on the blow. A ripple billionaire just died from his addiction to an opioid painkiller called OxyContin. Normal people have a cure for their addictions called running out of money, but it doesn't work for billionaires.

https://www.forexlive.com/cryptocurrency/!/billionaire-cryptocurrency-investor-dies-in-mexican-rehab-center-20180417

Making a billion dollars won't necessarily make you happy or healthy.

Matthew Mellon died yesterday at a rehab facility in Cancun, Mexico. He reportedly turned a $2 million cryptocurrency investment into Ripple into $1 billion but also had a long term addiction to painkillers.

Smoke pot


cannot OD on pot, or die, or get disease or anything else

Not on old fashioned pot. However I heard about people dying from some types of spice, but it's a hundred times stronger than regular pot.

Because spice is not pot, it's synthetic poison. It's like calling methanol liquour.

[Kylapoiss]

I only care about bitcoin everything else seems insignificant

Pretty much, sitting here day after day waiting for 2021 ish when my stash will make me rich. Running two companies is boring & unfulfilling. I want to travel, fuck hookers & snort copious amounts of cocaine.

I highly doubt you will find that very fulfilling for very long.

 Well, for me, thats enough, i´m not very demanding.

If you do make it don't go over the top on the blow. A ripple billionaire just died from his addiction to an opioid painkiller called OxyContin. Normal people have a cure for their addictions called running out of money, but it doesn't work for billionaires.

https://www.forexlive.com/cryptocurrency/!/billionaire-cryptocurrency-investor-dies-in-mexican-rehab-center-20180417

Making a billion dollars won't necessarily make you happy or healthy.

Matthew Mellon died yesterday at a rehab facility in Cancun, Mexico. He reportedly turned a $2 million cryptocurrency investment into Ripple into $1 billion but also had a long term addiction to painkillers.

Smoke pot


cannot OD on pot, or die, or get disease or anything else

Not on old fashioned pot. However I heard about people dying from some types of spice, but it's a hundred times stronger than regular pot.

Because spice is not pot, it's synthetic poison. It's like calling methanol liquour.

Before spice you could be pretty sure you were buying pot. How do you know what you are buying today? It could be regular pot with some spice mixed in.

Unless it's government regulated like in California you can't really be sure what you are buying.

You don't buy pot which is ground, it has to be a nice looking "cone" and have the right smell, everyone who has even a bit experience would tell the difference. Spice is always ground to dust so it could be mixed with anything. They even add some kind of varnish to make it weigh more and become more addictive.

This is the reason why weed needs to be legal everywhere. It's so widespread that fighting against it just doesn't help, every country should collect tax money from it. And being legal makes sure everyone would get a product that is pure.

[scum]

Before spice you could be pretty sure you were buying pot. How do you know what you are buying today? It could be regular pot with some spice mixed in.

Unless it's government regulated like in California you can't really be sure what you are buying.

You don't buy pot which is ground, it has to be a nice looking "cone" and have the right smell, everyone who has even a bit experience would tell the difference. Spice is always ground to dust so it could be mixed with anything. They even add some kind of varnish to make it weigh more and become more addictive.

Spice also comes in a liquid form. It could be sprayed onto regular pot and you wouldn't know by looking at it.

I agree it should be regulated then everyone could go to a shop they could trust like in some USA states.

[sirazimuth]

This is not a scientific journal. It "needs" exactly the effort I care to put into it. And, do you in fact agree with it, or not?

Then again this is just a no holds barred random internet thread (lately anyway) complete with random delusional posters,
 so ateotd maybe it doesn't phucking matter anyway...

see above...

[pfrtlpfmpf]

Guys, i seriously sold magic mushrooms in my restaurant, 25 years ago, it was on our menu, right under "fried rice". I kid you not !
If i would have grandchildren, i would have a story to tell.
I just stopped that, because people kept driving into the ditch, loughing their ass off. Again, this is no joke !
Damn, nobody`s gonna believe me, but that`s exactly, what happened in my life.

The tricky part was always testing, how strong they are (knowing, they grow on buffalo-shit, but that was the least of my problems).

[mudbone]

they grow on buffalo-shit

i know exactly what that feels like

[jbreher]

I could be ((( d_eddie ))) for all you know, or half-asian (Thai mom), or black or Inuit - well, I admit the latter's unlikely, but I could be. I guess you see what I mean.

I dunno... you look kinda ... Beijoran to me. Or something. Not that there's anything wrong with that.

[Harlot]

Good thing that head and shoulder formation got invalid when it rise back up again above 8,000$ but it doesn't mean we are going straight up. Right now a bigger formation is forming on the 4 hour chart, a rising wedge (reversal) is currently forming and this might be our chance to sell our position at the highest point. The wedge is expected to tighten and be complete above 8,500$, 8,600$-8,900$ to be exact. I would be comfortable offloading my position at any of those price ranger when I see any confirmation of the pattern.

[jbreher]

In theory all the oxygen in the room you currently reside in could go to the roof, leaving your with a nice mix of co2 and nitrate to try breathing. In theory.

Not without an influx of energy in order to overcome the entropy.

[infofront]

Back to wall observation for a moment, just zoomed out to the last 7 days to see WTF has been going on, and since April 12th, Bitcorn has really been having a tough time figuring out what it wants to do.

Fluctuating between a narrow band @ ~ $7,800 - $8,400 and having a tough time figuring out which direction it wants to break, next.

Kinda boring, but I guess finding stability around $8k isn't a bad thing.

I have a sneaking suspicion most of Q2 is going to be boring AF, with mostly sideways action.

Would love to be wrong, and have it break back above $10k again in the next week or so, but, well, Bitcorn doesn't give a fuck what anyone thinks...

EDIT: Also, WTF man... Voat has been down for a couple hours now.

I'm a TA n00b, but AFAIK, flat action after a substantial pump is bullish. The weak hands are being bitches like usual, and big boys are taking the opportunity to fill their bags without moving the market much.

[infofront]

I could be ((( d_eddie ))) for all you know, or half-asian (Thai mom), or black or Inuit - well, I admit the latter's unlikely, but I could be. I guess you see what I mean.

I dunno... you look kinda ...Beijoran Bajoran to me. Or something. Not that there's anything wrong with that.

FTFY

*Star Trek Nerd

[pfrtlpfmpf]

Good thing that head and shoulder formation got invalid when it rise back up again above 8,000$ but it doesn't mean we are going straight up. Right now a bigger formation is forming on the 4 hour chart, a rising wedge (reversal) is currently forming and this might be our chance to sell our position at the highest point. The wedge is expected to tighten and be complete above 8,500$, 8,600$-8,900$ to be exact. I would be comfortable offloading my position at any of those price ranger when I see any confirmation of the pattern.

I don´t know, all you TA-guys sound suspicious to me !

[TERA2]

What a weird chart.

[Vlada69]

What a weird chart.

bot repellent...

[exstasie]

I'm a TA n00b, but AFAIK, flat action after a substantial pump is bullish.

Yup, bullish consolidation. If we zoom in on the 1-hour chart, the last three dump attempts were fiercely rejected. Much like the three dump attempts in the $6,000s on the 1-day chart. On the 4-hour chart, we also have a failed bearish H&S, so bears should be sweating now:


Bullish engulfing on the daily chart, and dragonfly doji on the 2-hour. This all looks very promising.

What a weird chart.

Those dumps that keep full retracing.....my technician friend and I call them "Livermore turns." It's usually an accumulation pattern.

[TERA2]

This is classic TA