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Question: Closing BTC Price June 28:
$0 - 0 (0%)
<$7,000 - 0 (0%)
$7,000-$7,499 - 0 (0%)
$7,500-$7,999 - 0 (0%)
$8,000-$8,499 - 0 (0%)
$8,500-$8,999 - 0 (0%)
$9,000-$9,499 - 0 (0%)
$9,500-$9,999 - 0 (0%)
$10,000-$10,499 - 0 (0%)
$10,500-10,999 - 0 (0%)
$11,000-$11,499 - 0 (0%)
$11,500-$12,000 - 0 (0%)
>$12,000 - 0 (0%)
>$20,000 - 0 (0%)
Total Voters: 0

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21230390 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. (66 posts by 16 users deleted.)
BitcoinNewsMagazine
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June 01, 2018, 11:15:27 PM

You must be new here

Not at all. Remember this? Back to trading I am shorting when I see a proper set up.



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sirazimuth
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born once atheist


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June 02, 2018, 12:00:17 AM




I remember the good old days when I'd have 5 pages in a row covered with swastikas and Jews roasting in ovens and there would still be 10:1 more complaints about JayJuanGee posts than mine.

absolute fucking bullshit you lying sack of shit

Toxic2040
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June 02, 2018, 12:07:02 AM

1h


4h


D

#stronghands
cAPSLOCK
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UNLEASH THE FURY!


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June 02, 2018, 12:24:03 AM

Everyone has to make their own decisions as to what to spend their time reading, learning, and doing.  For me I do not have much more patience for all the idiotic nonsense spouted and increasingly quoted.  If that is the goal, then I guess it has worked. Sad 

I'll come lurk from time to time though... Smiley
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How much alt coin diversification is needed? 0%?


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June 02, 2018, 12:40:35 AM

... sometimes alt coin pumpers spout out a lot of abstract ideas that sound good, and they use abstraction to bamboosle some folks into their scams...

Sometimes, posters like to be flamboyantly verbose with their prose, in an attempt to seem more intelligent and sage-like, when in reality, they are doing it to mask crippling insecurities of wanting to be accepted, but that's none of my business...           /s

Very insightful observation.....

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June 02, 2018, 12:51:36 AM

BTC is just pressing up against that trend resistance line and doing nothing...like a virgin trying to get some action

and I don't think it will end well, we might head south very soon to test that 7k and lower territory



You must be new here

Not at all. Remember this? Back to trading I am shorting when I see a proper set up.





that was a good call


don't remember seeing many people posting about good exit points during that run from 10k-20k



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June 02, 2018, 12:55:32 AM

The problem is that most people are stupid and can't think critically.

It's worse than that. I have found that most people can not think abstractly. As soon as I attempt to use abstract reasoning normal people accuse me of changing the subject...

Yes, I encounter that phenomenon every day I post in this thread.
Anon136
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June 02, 2018, 01:05:39 AM

The problem is that most people are stupid and can't think critically.

It's worse than that. I have found that most people can not think abstractly. As soon as I attempt to use abstract reasoning normal people accuse me of changing the subject...

Yes, I encounter that phenomenon every day I post in this thread.

No. The average random person is like some 50 year old lady on one of those scooters at Walmart. She really can not think in terms of anything that isn't a real concrete part of her physical world. That doesn't apply to people in this thread at all. Everyone in this thread is capable of abstract reasoning, even you are much much smarter than the average random person. Your problem is that your arguments are bad. They tend to have an element of truth to them, but they are always grossly overstated and full of strict black and white binaries that don't represent the nuances of real world. Your thinking always lacks nuance roach.
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June 02, 2018, 01:07:22 AM

The problem is that most people are stupid and can't think critically.

It's worse than that. I have found that most people can not think abstractly. As soon as I attempt to use abstract reasoning normal people accuse me of changing the subject...

Yes, I encounter that phenomenon every day I post in this thread.

No. The average random person is like some 50 year old lady on one of those scooters at Walmart. She really can not think in terms of anything that isn't a real concrete part of her physical world. That doesn't apply to people in this thread at all. Everyone in this thread is capable of abstract reasoning, even you are much much smarter than the average random person. Your problem is that your arguments are bad. They tend to have an element of truth to them, but they are always grossly overstated and full of strict black and white binaries that don't represent the nuances of real world.
Also, he is a diarrheric asshole.
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June 02, 2018, 01:15:15 AM

On another note, people like to pretend that communism and socialism are different things, but they are really just variations over the same theme: Forced redistribution of resources from the productive to the unproductive.

Heard somewhere that the russians founded the communist party because the existing socialist factions were not socialist enough. Building on that, would it be inaccurate to say that the commies were marxist socialists, the nazis national socialists, and that whatever we have today is some other form of socialism? Maybe capitalistic socialism, maybe something else?
micgoossens
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When 10K Lets HAT up!!!!!


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June 02, 2018, 01:28:08 AM


QUICK list 12288 is finisht GOOD LUCK   WO's

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June 02, 2018, 01:35:35 AM

Capitalism is not centralised, thats an important distinction I think does matter and references the disparity BTC has with the current global reserve system.   Politics should not overshadow free markets like it does currently, we dont live in a Royal charter economy anymore but many in business feel restricted from expansion.    Also very large government (50% GDP) hands a massive advantage to the largest of companies.   Economies of scale I think relates there, however the fastest growth required especially to rebound from recession comes from the very smallest of business enterprise.
   Real capitalism is an equal partner to democracy in its effects on a country if done properly but that leadership is not there currently seems to me.

 If crypto is somehow closer to capitalism then we'll appreciate in value or at least have a sound basis to increase population of participants further.   Capitalism is a system proven to work over hundreds of years vs the Federal system which is a century at most or 40 years since no ratio of backing to its activities


BTW dont directly quote someone who is highly likely to be on ignore lists, it means they appear to people who dont want to repeatedly be reading that.    Me, I dgaf about trolls

Quote
people like to pretend that communism and socialism are different things,

The political horseshoe I recognise there




Topside for a bearish outlook is about 8050 and support at about 6500 perhaps, broad estimates but price is doing very little for a while now.
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June 02, 2018, 02:14:38 AM

Building a ladder right up to $7.75k   Need to find some volume however.
Would expect resistance to kick in at $7.9k to $8.1k if we go upwards.
Below are the same support levels at $7.26k and $7.085k
Whats it going to be, more up or more down? I think more upwards.. then sideways..and perhaps a little more down..but I think we are near the bottom. So buy the dip while you can.
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June 02, 2018, 02:23:41 AM
Last edit: June 02, 2018, 02:53:13 AM by Torque
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The major volatility in Bitcoin's price started when the major parabolic move began, around Oct 22, 2017. The price was @ $6150 before the first shake out. Thereafter, the average daily delta went from a few hundred dollar moves up and down (+/- 5%), to thousands.

So I knew that after the blow off top in Dec, the price bottom wouldn't begin to materialize and stabilize until we got back to merely a few hundred dollar moves up and down (+/- 3-5%).

Well we are there now.

Does that mean we have hit full bottom? Maybe. Since the momentum trade is clearly over for now, the market can stay pegged in this sideways range for some time, before starting to head back up again. Without volatility, day traders will start to lose interest and drop off way before that happens. Miners will make sure the price reflects their cost basis for ROI by holding back supply from the market. Exchanges will continue to wash trade. This could go on for months.

Of course, we've seen times before where the deep pocket whales begin the next bull run with a bang, aka a massive dump/short and stop loss hunt to liquidate all the of the leveraged longs first. If the whales accumulate for a long sideways period, this would give them the ammo they need. So I imagine the next bull run trigger will start with something like that. It could take us spiking down briefly to the $5K range in a flash, before heading back up.
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June 02, 2018, 04:58:05 AM

You are making a lot of sense there Torque.
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June 02, 2018, 05:04:32 AM
Last edit: June 02, 2018, 05:17:08 AM by Anon136
Merited by Torque (1)

Of course, we've seen times before where the deep pocket whales begin the next bull run with a bang, aka a massive dump/short and stop loss hunt to liquidate all the of the leveraged longs first. If the whales accumulate for a long sideways period, this would give them the ammo they need. So I imagine the next bull run trigger will start with something like that. It could take us spiking down briefly to the $5K range in a flash, before heading back up.

Running stops seems to be fundamentally about acquiring product and not so much about effecting the price. Do whales need the coins that are on offer on the exchanges? It seems to me that a whale would interact with an exchange for the purpose of effecting the price more than the purpose of accumulating/liquidating his position. If he were either accumulating or liquidating he would want to do either of those things OTC because if he were accumulating he wouldn't want to drive the price up and if he were liquidating he wouldn't want to drive the price down. So he makes changes to his position OTC but perhaps he tries to use a small portion of his stash to manipulate the price down before making an OTC purchase and vice a verca before making an OTC sale.

I'm not really trying to argue against you here. I'm mostly just interested in how you will respond to these thoughts.
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June 02, 2018, 06:30:06 AM

Cointelegraph ad in Times Square.
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June 02, 2018, 06:44:28 AM

Gawd... Please, if you must quote wordy-man, or the bug, at least do us the grace of snipping out most/all of it.

Think of the children. Or something.
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June 02, 2018, 07:00:26 AM

Ok, which one of you ordered the large green dildo ?
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June 02, 2018, 07:03:36 AM

Ok, which one of you ordered the large green dildo ?

I'll have two or three on weekly chart, please Grin
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