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

[JayJuanGee]

You don’t know pressure until are presenting something on screen to 400 people and you have to solve a captcha and it’s click all the mountains. And you have to say to those 400 people I dunno if that’s a mountain or just a hill so you click it and you fail.   And now you have 400 people laughing at you, although not unkindly.

I would like to see a more specific breakdown of the demographics of these hypothesized 400 people to concretize them a bit better.  

Surely, these hypothesized 400 peeps do not act in unison exactly, and perhaps they fall into categories - even camps and outliers?

Anyone?

You don’t know pressure until are presenting something on screen to 400 people and you have to solve a captcha and it’s click all the mountains. And you have to say to those 400 people I dunno if that’s a mountain or just a hill so you click it and you fail.   And now you have 400 people laughing at you, although not unkindly.

I would like to see those enviromentalists complaining about all the resources that are wasted every year in solving captchas worldwide. If we factor time, effort, electricity consumed during the non-productive time spent solving them, psychological treatment bills and sick leaves due to frustration and depression.... etc etc... Well... THAT is resource wasting, not Bitcoin mining.

No kidding... well, at least not just kidding.

Maybe normal people do not compulse shady sites with multiple bad captchas all the day, like the average bitcoiner do...

Are you alleging that "average bitcoiners" are trolls, as compared with "normal people?"

I would like to see more explanation, here, if possible.  erre?

[pacman7331]

There is a divergence:

https://www.tradingview.com/chart/BTCUSD/P36a8S5g-Bitcoin-Hourly-Bearish-Hidden-Divergence/

This guy is calling it bearish... but I thought you follow the oscillator? Isn't this bullish? The RSI is up while the chart is down therefore buy?

[btcbeliever]

I see a pennant forming between about 8000 and 9000 US$, that will need to break out either down or up in the next 3-4 weeks.

[JayJuanGee]

http://fortune.com/2018/05/02/reddit-alexis-ohanian-bitcoin/
OHANIAN: At the end of the year, Bitcoin will be at $20,000. And Ethereum will be at $15,000. Great, now people can call me out if I’m wrong.

Just looking at the numbers, this kind of estimation seems quite a bit of a fantasy pumping (and equalizing the importance of ETH - which is a insecure and quasi-centralized Bitcoin copy-cat wannabe)...

I am not saying that for sure the guy is wrong, but he is 10x-ing the flippening into ETH's favor... and to me, markets really do not seem to be THAT dumb... but you never know.

Edit: From subsequent posts that I read here, including V8's, by even considering the proposal (and analyzing it), it appears that I might be giving too much benefit of the doubt to the fantasy observations of Ohanian.

[Toxic2040]

Classic "Mastadon" formation on the half hour breakout spotted. $10k seems to be calling. 

Seeing the same structure forming on the 4h? Looking at the .618 fib retrace for a target short to mid term..but all of this is in play imho. Market sentiment is bullish and I think we are most likely heading upwards for now.
Stepping back a bit..is this just a larger pennant forming? Starting to look like it..firm rejection at .786 indicates more consolidation...bullish. Will take another look later tonight.

#dyor

meh..tired..lol. Dug up some of the garden, quite pitiful..think a nap is calling me. 

Still fond of mister shovel tho.

There is a divergence:
This guy is calling it bearish... but I thought you follow the oscillator? Isn't this bullish? The RSI is up while the chart is down therefore buy?

I would recommend some more studying of TA. RSI and StochRSI are only good indicators when they are close to either the top or bottom of their range imho. This guy Crypto Cred is the cats meow for laying it out sweet and simple. I would check him out.
https://www.youtube.com/channel/UCBaU9NXRPjkLGgJy-M7RPCw
Just he's yt page..all of it is good.

[RoomBot]

Just there to make my message quota of the day.

sigs don't show here, doesn't count toward your quota

#SadTrombone

Hey, @micgoossens: Honey Badger has a positive message:

[mymenace]

Hulk Like

Piss off Hulk!

Spoiler Alert if you havent seen Infinity Wars stop reading now.

  You absolutely sucked ass in Infinity Wars.  You didn't even show up for the fight; tossed aside like yesterday's compostable rubbish!   I have lost all respect for you.  You're nothing but a green pansy... or maybe a periwinkle.  I cant imagine anyone cares what Hulk like after that pathetic display.

I find infinity wars SUPER good .... didn’t thought i would like dr strange after his movie....
and they Just kept all of the best from Hulk for the next one  
Now throw in Hulk throwing the bear and Where back fine as iT was

 Overall i have to agree it was an awesome movie.  I want to see it in 3D too!

Hulk Sad


I did not know they were going to do a sequel

ending sucked if u think it is a one off

[jojo69]

holy ETH pump batman

[LastJedi]

holy ETH pump batman

I think because Vitalik won some kind of award.
https://bitcointalk.org/index.php?topic=3452619.0

Or maybe the news of it being a non-complaint security must of got over turned.
Cause it rising over $60 out of nowwhere is not ethereum like.

[HairyMaclairy]

Vitalik Buterin should get Noble price for founding most widely used Etherum and changing the world in many aspects

I for one agree that Vitalik should fetch a noble price

[Paashaas]

What do you prefer?

1st row: Bitcoin
2e row: Bits
3e row: mBTC
4e row: Satoshis

[HairyMaclairy]

mBTC looks good.  I have to say using Bitcoin for small value purchases is way too hard.

[Toxic2040]

Didnt see it myself but damn...thats some exposure if true. Curious what the other choices were. 

https://twitter.com/ArminVanBitcoin/status/991876988712337408


------------------

What do you prefer?

1st row: Bitcoin
2e row: Bits
3e row: mBTC
4e row: Satoshis

I prefer the first one myself.

---------------------
Bitcoin
Looks like another one to me..    Let's go bitcoin..time to shine.

[Biodom]

mBTC looks good.  I have to say using Bitcoin for small value purchases is way too hard.

Personally, I like btc, but fully admit that it is difficult. Have to check my zeroes a couple of times.
mBTC would be fleeting too if btc increases 10-100X
We should get to satoshis at $0.01-1.00, then everything would be easy  

Sidenote: VB getting a genius prize is incompatible with eth receiving a spankdown a few days earlier in the hands of the SEC, IMHO, hence the largish bump.
Ohanian, though, LOL. He is the one who slipped one extra zero in there.

[Anon136]

mBTC looks good.  I have to say using Bitcoin for small value purchases is way too hard.

Personally, I like btc, but fully admit that it is difficult. Have to check my zeroes a couple of times.
mBTC would be fleeting too if btc increases 10-100X
We should get to satoshis at $0.01-1.00, then everything would be easy  

I really feel like the whole mBTC and uBTC thing is wrongheaded. We shouldn't be thinking about it as fractions of BTC. We should be thinking in terms of satoshis and building up. Like bytes in computing vs the metric standard. Kilosatoshi (kSat), Megasatoshi (mSat), and Gigasatoshi (gSat), ect... It's so much more natural to think in terms of multiples than fractions. Plus we are much more the spiritual successor of the computing standards than the metric standard.

If bitcoin ever becomes so capitalized that 1 satoshi is like a dollar, well then we just use it like we do currencies now. 0.01 satoshis would feel be pretty natural as a penny. And really if we get to this point again where things start costing 0.00001 satoshis, well that is a problem I can live with.

1 kSat soon to hit 0.1 USD! Anyone think we can see kSat USD parity this year?

[Biodom]

mBTC looks good.  I have to say using Bitcoin for small value purchases is way too hard.

Personally, I like btc, but fully admit that it is difficult. Have to check my zeroes a couple of times.
mBTC would be fleeting too if btc increases 10-100X
We should get to satoshis at $0.01-1.00, then everything would be easy  

I really feel like the whole mBTC and uBTC thing is wrongheaded. We shouldn't be thinking about it as fractions of BTC. We should be thinking in terms of satoshis and building up. Like bytes in computing vs the metric standard. Kilosatoshi (kSat), Megasatoshi (mSat), and Gigasatoshi (gSat), ect... It's so much more natural to think in terms of multiples than fractions. Plus we are much more the spiritual successor of the computing standards than the metric standard. 1 kSat soon to hit 0.1 USD!

With btc increasing about 10X from today, I see it too.
At btc $100K:

Hiring a new developer "Q: What is your current monthly compensation? A: Twenty mega[Sat]s...
Sat is silent, of course.

[HairyMaclairy]

I would probably be equally as happy jumping straight to sats. 

[alevlaslo]

[HairyMaclairy]

How are you going to pull it out of your ass if it’s currently deep in your scrotum?

[HairyMaclairy]

This guy kidney stones