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

[El duderino_]

https://twitter.com/dougpolkpoker/status/993581533012283393?s=21

Doug polk.... tone vays BET
What idiot would say under 6k ? 

[1713970951]

1713970951

[Icygreen]

^ It's turning into a game show.   

[exstasie]

we are still in a large wave 3. the lower the longer the better for bulls.

Wave 3?! Chart me, please. By my count, we are well into a primary corrective, but I'd love to see an alternative count.

No way to tell if it's an accumulation or distribution until it breaks one way or the other. Could be a bear consolidation just as easily. Stochs can remain oversold for long periods during bear markets.

[Karartma1]

Monero with its opaque blockchain. You don't know who stealth mined in huge quantities and you trust that there isnt an exploit or bug allowing someone to mint any quantity of XMR they like. You don't have a richlist. You can't analyise the blockchain at all, You assume its all good. Yay. Monero. Its name even means something in esperanto. And it has a wallet now

Yes, it's a privacy coin that's actually private, unlike DASH - the Bcash of privacy coins.

Bcash is the new Dash! you're a genius man!
By the way, Darkcoin had balls (brand was good) but Dash is the f+++ing name of washing powder brand!!!

[Toxic2040]

Well..lets see where we stop..thinking $8.85k but I am slightly intoxicated

Kinda confused on the terminology seems others are as well. When the price goes up but the indicator sas its getting weaker this is a “bullish” or “bearish” “divergence”? I understand the indicator is what you follow, but some people call it bullish when it’s down on the indicator and bearish when it’s up.

Kinda confusing cuz a bullish divergence is bearish but a bearish divergence is bullish?

This site says its bullish if the indicator is going up with price down and visa versa: https://www.babypips.com/learn/forex/divergence-cheat-sheet

I do not mean to confuse you..and your damn luckyu I am to f;ed up to sleep..so I will answer as best I am able.

Indicators do just that..indicate a direction of "flow" so to speak. Where I highlighted that "bullish divergence" the MACD has been generally going upwards before hand..during the "divergance"..it has generally been flat or slightly downwards..now we are in a area where both or all indicators are lowered..so that tends to indicate bullishness..or a upwards trend is likely about to happen.

Taking everthing away..what do you see here?
What I see is a accumulation pattern that dips around rthe first of April..then extreme diagonal bands for the next 2 weeks..indicating more accumulation. At that point..around the 9th of last month the market relaxed enough for a spike upwards. Also one of the largest daily candles ever recoreded btw. After that...controlled buying again..for the next 4 weeks perhpaps? Upwards growth on the "chart" i.e. candles but indicators are "relaxing" again..i.e. divergence. Not flat exactly but generally sloping downwards. Now finally..we are at a point where both or "all" if you wish indicators are relaxed enough to signal a move upwards in direction. So Bullish.  I hope that makes sense for previously mentioned reasions.

[El duderino_]

^ It's turning into a game show.   

Didn’t saw he’s last podcast yet .....  but don’t mix to Many coin games/bets etc ....
For the rest i like the doug polk vids....

[BitcoinNewbie15]

Among top ten crypto-currencies (by market-cap), bitcoin still seems the most decentralized.

% of supply owned by the top 100 accounts, standouts:
- Bitcoin 19%
- Ethereum 35%
- Ripple 98%
- Bitcoin Cash 25%
- Stellar 95%
- IOTA 62%
- NEO 70%

Source: https://arewedecentralizedyet.com/

Gotta get rid of my Stellars for sure.

Dash with 14% is the more decentralized, but have less nodes.

I am not sure if my memory is serving me right or not, but didn't the Dash devs have a 2 million coin premine? Or something to that affect? Have they sold their holdings or done some sort of redistribution?

[El duderino_]

I like iT we are 9may and more than 20% taken price over 12K by 15th..... talking about the threat of the MOONboys in here  

[bitserve]

Among top ten crypto-currencies (by market-cap), bitcoin still seems the most decentralized.

% of supply owned by the top 100 accounts, standouts:
- Bitcoin 19%
- Ethereum 35%
- Ripple 98%
- Bitcoin Cash 25%
- Stellar 95%
- IOTA 62%
- NEO 70%

Source: https://arewedecentralizedyet.com/

Gotta get rid of my Stellars for sure.

Dash with 14% is the more decentralized, but have less nodes.

I am not sure if my memory is serving me right or not, but didn't the Dash devs have a 2 million coin premine? Or something to that affect? Have they sold their holdings or done some sort of redistribution?

Probably they have it split all over thousands of masternodes. I guess that is the main reason the distribution "looks" so good.

In reality, we are comparing oranges to apples here.

[JayJuanGee]

Governments are the people

are they Jay?

yes

Hitler's government was the people.

That's why I hate all Germans. Why did the German people send so many people away to extermination camps? Why German people? Why?!?

Same for Americans. Why are the American people always deciding we need war in the Middle East? Why American people?

Why do the American people keep pushing the Federal Reserve Note down our throats?

Yes, there are examples of governments gone awry... that does not mean that we can just abandon such apparatus for all purposes, especially when it comes to having rules regarding certain resources that are scarce  or shared or to keep in check abuses that seem quite likely to take place through an anarchic or a libertarian system.. and further, we already have multitudes of systems of governments, so we can complain all that we want about governments being BAAAAAAaaaadddd... , yet most practical solutions are likely to come through incrementalism rather than pure abandonment.. and perhaps bitcoin will play some role towards positive people empowerment.  Perhaps?

Whether or not implementing a more libertarian system gradually or not is not the question.

Saying that government is the people is a tool used to put blame upon the people that elected these fools as if to imply all people in that country support that government. Or to imply that the people merely have to raise their voices and the government will comply. A significant portion of the people didn't like what their government was doing back in the late 1800s and decided to opt out, only to have several hundred thousand men killed as a result.

Only a few hundred people in the US actually elect our president. They are more to blame than "the people" for his actions. A minority of people actually voted for those electors. They are more to blame than the people.

When the government acts by a different morality than the people, then the government cannot possibly be the people. No person can steal from someone else under the guise of being helpful. No person can murder innocent people under the guise of "protecting freedom". No person can kidnap people and put them in a cage under the guise of "justice". The people cannot do these things, only the government can get away with it. Thus, governments are not the people.

I understand what you are attempting to say, but what you are saying still rises to the level of incoherence and  seeming failure and refusal to accept reality.    Perhaps we may me getting caught up in semantics too much, but I get the sense that you don't seem to understand what it means to live around other people.  There are over 7 billion people on the planet, by the way.. not just you.

If you want to opt out of government oversight, then you either have to obtain some kind of sovereignty to be able to remain within the geographical jurisdiction or you have to leave the geographical jurisdiction.  Certainly, there are some geographical locations that have less (or different kinds of) government, than others, but you are going to be hard pressed to find geographical locations that are completely free of governmental jurisdiction, unless they are nearly completely vacuous of other people who want to share resources....

The fact of the matter is that governments remain a modern vehicle for dealing with public resource issues, whether you like it or not... and whether you try to fight the concept or not.  If you are living around others, then governments are vehicles to attempt to harmonize community values, in other words the people of that particular community use it for such attempts that are frequently less than perfect... and getting rid of government is not likely to bring you closer to perfection, even if you think that you may be one of those who would be more advantaged by such a move. 

Good luck finding your government free location, if you expect to be living around other people rather than on some island by yourself some place in crazy land.   

[kurious]

Monero with its opaque blockchain. You don't know who stealth mined in huge quantities and you trust that there isnt an exploit or bug allowing someone to mint any quantity of XMR they like. You don't have a richlist. You can't analyise the blockchain at all, You assume its all good. Yay. Monero. Its name even means something in esperanto. And it has a wallet now

Yes, it's a privacy coin that's actually private, unlike DASH - the Bcash of privacy coins.

Bcash is the new Dash! you're a genius man!
By the way, Darkcoin had balls (brand was good) but Dash is the f+++ing name of washing powder brand!!!

Well spotted! Merited for bringing a smile to the start of my day.

[kurious]

Among top ten crypto-currencies (by market-cap), bitcoin still seems the most decentralized.

% of supply owned by the top 100 accounts, standouts:
- Bitcoin 19%
- Ethereum 35%
- Ripple 98%
- Bitcoin Cash 25%
- Stellar 95%
- IOTA 62%
- NEO 70%

Source: https://arewedecentralizedyet.com/

Gotta get rid of my Stellars for sure.

Dash with 14% is the more decentralized, but have less nodes.

I am not sure if my memory is serving me right or not, but didn't the Dash devs have a 2 million coin premine? Or something to that affect? Have they sold their holdings or done some sort of redistribution?

Probably they have it split all over thousands of masternodes. I guess that is the main reason the distribution "looks" so good.

In reality, we are comparing oranges to apples here.

Spot on, masternodes might be different addresses, but not all different owners.   It is one of the least decentralised projects out there.  Evan is clever but also the de facto king of the castle.

[Robin,Hood]

Monero with its opaque blockchain. You don't know who stealth mined in huge quantities and you trust that there isnt an exploit or bug allowing someone to mint any quantity of XMR they like. You don't have a richlist. You can't analyise the blockchain at all, You assume its all good. Yay. Monero. Its name even means something in esperanto. And it has a wallet now

Yes, it's a privacy coin that's actually private, unlike DASH - the Bcash of privacy coins.

Bcash is the new Dash! you're a genius man!
By the way, Darkcoin had balls (brand was good) but Dash is the f+++ing name of washing powder brand!!!

Well spotted! Merited for bringing a smile to the start of my day.

Hard to figure which naming is worse Cash or Dash. Cash is a know scam, digitizing it does not make it better and Dash was always a:


Edit:

Dash Financial https://www.dashfinancial.com/
Dash Jonathan Investments, http://www.dashinvestments.com/
Dash Holdings Group is a business management and investment firm http://dashholdingsgroup.com/
Dash small businesses financing  http://www.dashpointfinancial.com/
Dash Mortgage broker http://www.dashfinance.com.au/about-us/
DASH Platform https://sites.google.com/site/dashplatformhelp/new
DASH: Dog Agility Sport Handlers http://www.dashagility.com/
Dash is an online tutorial to help you learn HTML, CSS, and JavaScript and create websites from scratch https://dash.generalassemb.ly/tumblr
DASH best slimming diat  was developed to fight high blood pressure, will slim you down no worries http://health.usnews.com/best-diet/best-overall-diets?int=9be246

almost an endless number of companies and products from the
Amazons Dash button
Dash Washing Powder http://dash.com to
Dash Connector https://www.dashconnector.com/
Dash Bangladesh Houskeeping
Kardashians Dash Clothing Store
Sony's "My Dash" (Trademake) with community, http://dashif.org/about/ .....................

Rothschild's used to own Dash Commercial Finance LTD 2010 http://www.dash-finance.com/ part of https://www.rothschild.com/banking/asset_finance/ (maybe cant afford renewal)

Why be so Dash?

[vapourminer]

By the time I'm ready to shuffle off this mortal coil, I'm hoping BTC will have appreciated in price enough, that I can have my corpse shot into space, to be cremated by flying directly into our Sun.

sounds like a plan. i would be strapped into a Jeep for that one last ride.

[xhomerx10]

By the time I'm ready to shuffle off this mortal coil, I'm hoping BTC will have appreciated in price enough, that I can have my corpse shot into space, to be cremated by flying directly into our Sun.

sounds like a plan. i would be strapped into a Jeep for that one last ride.

 Sounds like you guys are cooking up another Weekend at Bernie's.  Can I make a suggestion?  You should dress your corpse like this -

[sirazimuth]

Monero with its opaque blockchain. You don't know who stealth mined in huge quantities and you trust that there isnt an exploit or bug allowing someone to mint any quantity of XMR they like. You don't have a richlist. You can't analyise the blockchain at all, You assume its all good. Yay. Monero. Its name even means something in esperanto. And it has a wallet now

Yes, it's a privacy coin that's actually private, unlike DASH - the Bcash of privacy coins.

Bcash is the new Dash! you're a genius man!
By the way, Darkcoin had balls (brand was good) but Dash is the f+++ing name of washing powder brand!!!

Well spotted! Merited for bringing a smile to the start of my day.

Hard to figure which naming is worse Cash or Dash. Cash is a know scam, digitizing it does not make it better and Dash was always a:


Edit:

Dash Financial https://www.dashfinancial.com/
Dash Jonathan Investments, http://www.dashinvestments.com/
Dash Holdings Group is a business management and investment firm http://dashholdingsgroup.com/
Dash small businesses financing  http://www.dashpointfinancial.com/
Dash Mortgage broker http://www.dashfinance.com.au/about-us/
DASH Platform https://sites.google.com/site/dashplatformhelp/new
DASH: Dog Agility Sport Handlers http://www.dashagility.com/
Dash is an online tutorial to help you learn HTML, CSS, and JavaScript and create websites from scratch https://dash.generalassemb.ly/tumblr
DASH best slimming diat  was developed to fight high blood pressure, will slim you down no worries http://health.usnews.com/best-diet/best-overall-diets?int=9be246

almost an endless number of companies and products from the
Amazons Dash button
Dash Washing Powder http://dash.com to
Dash Connector https://www.dashconnector.com/
Dash Bangladesh Houskeeping
Kardashians Dash Clothing Store
Sony's "My Dash" (Trademake) with community, http://dashif.org/about/ .....................

Rothschild's used to own Dash Commercial Finance LTD 2010 http://www.dash-finance.com/ part of https://www.rothschild.com/banking/asset_finance/ (maybe cant afford renewal)

Why be so Dash?

Back in the good ole days I mined Darkcoin(cool name back then)
Then it pumped to like $8 a coin and I dumped my stash, right before
it tanked back to $4 and I was like “ha ha, thanx suckers and I ain’t
buying back into this scammy-ass premine Dash nonsense!

Look how that worked out....

[vroom]

I'm bored and I want CCFM back.

[Torque]

Back in the good ole days I mined Darkcoin(cool name back then)
Then it pumped to like $8 a coin and I dumped my stash, right before
it tanked back to $4 and I was like “ha ha, thanx suckers and I ain’t
buying back into this scammy-ass premine Dash nonsense!

Look how that worked out....

Just because something pumps to new highs somehow makes it NOT scammy is the biggest delusion in crypto.

Ripple, anyone? Bitconnect, anyone? Nxt, anyone? Dogecoin, anyone? I could go on...

Actually anything that didn't have the 'immaculate conception' of Bitcoin is suspect in my book. Which is to say all of the shitcoins.

[jbreher]

we have never had a technology that has fit into such a niche that is so likely to cause a lot of societal changes that are difficult to know in these early days

I am the god of hell fire, and I bring you!
Fire, I'll take you to burn.
Fire, I'll take you to learn.
I'll see you burn!

You've fought hard and you saved and earned,
but all of it's going to burn.
And your mind, your tiny mind,
you know you've really been so blind.
Now's your time, burn your mind,
You're falling far too far behind.
Oh no, oh no, oh no, you're gonna burn!

Fire, to destroy all you've done.
Fire, to end all you've become.
I'll feel you burn!

You've been living like a little girl,
in the middle of your little world.
And your mind, your tiny mind,
you know you've really been so blind.
Now's your time, burn your mind,
you're falling far too far behind.
Oooooooooooooo.

Fire, I'll take you to burn.
Fire, I'll take you to learn.
You're gonna burn!
You're gonna burn!
You're gonna burn!
Burn, burn, burn, burn, burn,
burn, burn, burn, burn, burn, ahhhhhhhhh
Fire, I'll take you to burn.
Fire, I'll take you to learn.
Fire, I'll take you to burn.
Fire, fire ahhhhh...

- Fire performed by Arthur Brown
- Songwriters: Jacob Louis Plant

As merely counterexample one.

You are just in a feisty argumentative mood, it seems. 

I would not categorize fire the same as bitcoin, in that fire was likely discovered and learned ways to harness fire; however, fire existed prior to various discoveries in how to harness it. Sure, you could argue that bitcoin and math existed prior to discovering it, but it seems that we are getting caught in the weeds of arguing for the sake of arguing rather than really making some kind of meaningful counter-point that undermines the importance of what bitcoin is really bringing to the table and its potentialities.

Just a fun way of pointing out your exaggeration. I agree that Bitcoin will likely bring about vast societal change. But the most of any technology ever? Fire? Wheel? Aqueducts? Agriculture? Sanitation? Wheel? Printing Press? Electricity? Mechanization? Radio? Internet?

[Anon136]

Just a fun way of pointing out your exaggeration. I agree that Bitcoin will likely bring about vast societal change. But the most of any technology ever? Fire? Wheel? Aqueducts? Agriculture? Sanitation? Wheel? Printing Press? Electricity? Mechanization? Radio? Internet?

Also the one that isn't here quite yet but is likely to eclipse all of those things into relative insignificance, AI.