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

[El duderino_]

Back below 6,5k

OK, I am calling it: I will not say never, but we won't see anything above 7k before 2019.

Because? The tree was shook and you thought the sky was falling?

Because of common sense

after a small dive fools are back to talk about prices 

[afbitcoins]

I agree with the ‘common’ part of your claim. I haven’t seen you make a sensible case for your prediction yet unless you have made it else where?

My open question has been whether we’re going into a crypto-winter now or not. I still think not. And thus think $10k before the end of the year and new ATHs before summer 2019.

chart

Crypto winter similar to last one (red squiggle) would invalidate the bull channel on this chart. Doesn't mean not possible especially if segwit booty, and USDT problems cause crypto chaos, but I personally anticipate this channel more likely to stay valid a while longer, maybe like the 'green squiggle'.
 

[luckygenough56]

please debate humans am just lurking

[Fatman3001]

hmmmm.... not sure about the market nowadays

Not surprising that you don't know much.  You were part of the doom and gloom BIG blocker nutjob crowd in early 2017.  Why you want to come around now and spew some more doom and gloom?  Doubtful that you would really have any meaningful (especially when it relates to actual bitcoin rather than attacks on bitcoin) contribution, anyhow, right?

Hey, man.

It wasn't aimed directly at you ya know. We all have different strategies.
Some like to make money. Some like to buy the top and masturbate furiously down to the bottom.
As I remember you got some nice buys in at the 2013 top, I bet you got some sweet buys in near the 20k top too.

Now, I'm not judging.
It's just different strokes, you know.
Of course you know.

I can just imagine you sitting there watching your money getting flushed down the drain.
Smiling. Drooling. Angrily beating away at that three inch killa.

We all have to accept each other for who we are.

And I, for one, I salute you!!!

Why don't you go beat off with your bcash pumping somewhere else?   You really think that when you come to the wall observer thread that you can affect the BTC prices with your negativity about BTC?  Why don't you go employ your multi-coin strategy in another thread?  Oh no, you want to impart some of your alt coin pumping wisdom, here?

My BTC portfolio and finances are doing quite well.  Remember BTC prices went up from $250 to $19,666.  

Sure we are in a bit of a correction right now, but still feels good to have BTC up 26x from the $250 prices that dominated 2015.... so investing and accumulating BTC has been a very profitable strategy for a large number of folks who have not gotten too distracted.

Yeah, so fucking what if you made more money by investing in other coins and moving your shit around.. (that is if you did), because the odds are not quite with you if you are all over the fucking place.  

I am not here to compete against you or anyone else regarding the performance of my investment because I have engaged in a strategy to tailor my investment for myself.. if you did happen to make decent money through other projects then good for you, but this is a BTC thread, and, if you are not here to talk about BTC then you are off topic, so why don't you go roll with your other alt coin and ico scam investment in other threads?

I came here with poetry befitting the current state of affairs in Bitcoin, and you, without provocation, attacked me.
I turned the other cheek and held out an olive branch.
The rest, your insecurity about you finances, your immense regret about not grabbing the low hanging fruits in the alt market to increase your BTC stack, and your fear of having bet on the wrong Bitcoin; that's on you. Now, it doesn't bother me that much that you're trying to project all of this onto me, but as a fellow human being I do find it appropriate to point out to you what you're doing. At the very least so you can face the future knowing that you've chosen your delusions, and as such are a self-realized individual.

[Majormax]

Don't feel too bad about having anything written by anonymint going over your head. That guy is in a league of his own. Usually, just to get a dim inkling of understanding any of his posts requires many hours of research. However, if you do make the attempt to try and decipher his message, it usually leads to a much deeper understanding of how BTC actually works.

Well, the problem with Anonymint is that he starts from some small set of presumptions and then extrapolates one dictionary length from there, so if he gets any of the basis wrong, a lot of the rest is going to be totally out there.  The whole "knowledge age" thing for instance.  All it takes is a rudimentary understanding of the works of people like Joseph Tainter to know the odds of a dark ages collapse is VASTLY higher or even inevitable than any kind of knowledge age.  

There are diminishing returns to complexity of systems, and it's definitely possible to overshoot in terms of what is tenable by the finite human mind.  Take the tax and legal system for instance, they both just snowball out of control in complexity until they become totally useless and have to be scrapped entirely.  Civilization does not go upwards at a 45 degree angle on a chart increasing in complexity infinitely, and it's not possible for bitcoin to do so either.  You always have a few steps forward and a few back, and sometimes you get much more steps back than forward, which is a dark ages on the micro view.  

There is no guarantee of making it back to where you were either.  Regardless, the dark ages are a necessary evolutionary process in all systems to cleanse it of the overly complex, irrational, or inefficient.  As anyone can see, there's a whole lot of all three of these things in the world right now.

That is a good insight, and reflects the way I view things as well.

Whilst having faith in a long term proposition (ie global adoption of BTC etc ) it is important to consider the alternative probabilities, as well as understanding the nature of the long setbacks which may be part of the process.

[Last of the V8s]

Excuse me ladies, is this the ...



 ... oh never mind.

[JayJuanGee]

[edited out]

I came here with poetry befitting the current state of affairs in Bitcoin, and you, without provocation, attacked me.
I turned the other cheek and held out an olive branch.
The rest, your insecurity about you finances, your immense regret about not grabbing the low hanging fruits in the alt market to increase your BTC stack, and your fear of having bet on the wrong Bitcoin; that's on you. Now, it doesn't bother me that much that you're trying to project all of this onto me, but as a fellow human being I do find it appropriate to point out to you what you're doing. At the very least so you can face the future knowing that you've chosen your delusions, and as such are a self-realized individual.

You are full of shit, when you are trying to project what you believe to be my own perspective, and my financial position, based on your wishful thinking rather than any kind of meaningful and specific knowledge. 

Further, your actions speak for themselves with your continued pussified denigration attempts at bitcoin while pumping (or at least talking up) other crypto projects, as if those other crypto projects had any kind of reasonable and meaningful semblance of equality rather than being leeching off of the good will, work and creativity of bitcoin.  They are the tail and not the dog... and you should realize by now, that the dog wags the tail, and the tail does not wag the dog.. hello?

And, I have already indicated to you that my bitcoin-related finances are doing quite well, and such "well" status should be understood by facts on the ground regarding my ongoing strategy to accumulate BTC... however, instead you want to project some kind of made up bullshit onto my finances.. while really not showing your own situation on an ongoing basis, except your situation was to sell bitcoin and not to accumulate, even though such accumulation strategy would have likely been the smarter (and more adult) move. 

I have no reason to be stressed about this total bitcoin status given the BTC fundamentals and the generous equity cushion in which I find that aspect of my BTC investment.... Do you understand that there are not a lot of investments that you can get multiples of returns in just a few years, so anyone pursuing a BTC holding and accumulating strategy would have done quite well in the past few years of bitcoin.... especially anyone who had largely established his position before mid-2017.. and of course, I was into accumulating bitcoin well before mid-2017, as you seem to acknowledge. ... you alt coin pumping, bitcoin denigrating delusional fuck.   

[Torque]

[qwizzie]

Excuse me ladies, is this the ...



 ... oh never mind.

When in doubt always pick the smiling one...

[Globb0]

Except in the mafia

[qwizzie]

Except in the mafia

Yeah, run like hell in that case.

[sirazimuth]

Excuse me ladies, is this the ...



 ... oh never mind.

When in doubt always pick the smiling one...

She farted

[TERA2]

The scariest part of this drop is that there isn't even any major FUD driving it. It's not like last time where there was the China ban and Gox and major exchange issues happening left and right. The drop is just happening naturally on it's own. What is going to happen when the real FUD begins?

Parelleling this phenomena is the continiously unanimous bullishness in the forum. Charts always with some upwards plot and bulls popping champagne and posting rockets every time there is a 5% rise, and circle jerking eachother 'oh yes that's a great analysis, just how I see it. excellent work. and things will be even more bullish after XYZ conference. we could take this further and add an extra digit or two.' (as the bottom is being challenged on low volume)

[Torque]

What is going to happen when the real FUD begins?

There is never any real FUD, silly bear. It's all fake made up bullshit.

[Fatman3001]

[edited out]

I came here with poetry befitting the current state of affairs in Bitcoin, and you, without provocation, attacked me.
I turned the other cheek and held out an olive branch.
The rest, your insecurity about you finances, your immense regret about not grabbing the low hanging fruits in the alt market to increase your BTC stack, and your fear of having bet on the wrong Bitcoin; that's on you. Now, it doesn't bother me that much that you're trying to project all of this onto me, but as a fellow human being I do find it appropriate to point out to you what you're doing. At the very least so you can face the future knowing that you've chosen your delusions, and as such are a self-realized individual.

You are full of shit, when you are trying to project what you believe to be my own perspective, and my financial position, based on your wishful thinking rather than any kind of meaningful and specific knowledge. 

Further, your actions speak for themselves with your continued pussified denigration attempts at bitcoin while pumping (or at least talking up) other crypto projects, as if those other crypto projects had any kind of reasonable and meaningful semblance of equality rather than being leeching off of the good will, work and creativity of bitcoin.  They are the tail and not the dog... and you should realize by now, that the dog wags the tail, and the tail does not wag the dog.. hello?

And, I have already indicated to you that my bitcoin-related finances are doing quite well, and such "well" status should be understood by facts on the ground regarding my ongoing strategy to accumulate BTC... however, instead you want to project some kind of made up bullshit onto my finances.. while really not showing your own situation on an ongoing basis, except your situation was to sell bitcoin and not to accumulate, even though such accumulation strategy would have likely been the smarter (and more adult) move. 

I have no reason to be stressed about this total bitcoin status given the BTC fundamentals and the generous equity cushion in which I find that aspect of my BTC investment.... Do you understand that there are not a lot of investments that you can get multiples of returns in just a few years, so anyone pursuing a BTC holding and accumulating strategy would have done quite well in the past few years of bitcoin.... especially anyone who had largely established his position before mid-2017.. and of course, I was into accumulating bitcoin well before mid-2017, as you seem to acknowledge. ... you alt coin pumping, bitcoin denigrating delusional fuck.   

There you go.
Don't worry. I've seen it all before.
Just keep going.
This kind of catharsis is what you need to move on.
I'm rooting for you!

[Ludwig Von]

What is going to happen when the real FUD begins?

There is never any real FUD, silly bear. It's all fake made up bullshit.

We don 't need FUD. What I hear in my environment is that people find BTC compromised by the irrational pump and subsequent dump. So they consider it unreliable as investment. That is the opinion of 99.95% of the people I know around here. And that is also what MSM and all the very serious people here tell us on a weekly basis.

We will hang around the actual flat or Barted curve till something external happens. I do not expect that before late September... .

[Tzupy]

MtGox enters Civil Rehabilitation:
https://mtgox-creditors.com/

[Last of the V8s]

drop was lead by the altcoins. huge EOS longs - the money has to come out of that shit, plus counter-tradeable good rating from the Chinese. xrp another lawsuit. btrash doublepends. btc bulls buying ltc and eth far too early. bnb and etc recent groundless pumps. Secret Service bleating to Congress about privacy coins.
and there is plenty of btc fud going round (not citing this here) versus what? dick picks?

[jonoiv]

While all this is happening you could always bet on the world cup..  

I was using Fibonacci to predict a possble winner based on the sequence upto 34 (the fibonacci spiral)

0, 1, 1, 2, 3, 5, 8, 13, 21, 34

So Uruguay is tournment zero winner.

1 is Italy.

1 must be Italy again this time.

2 Uruguay (2nd win)  

3 the world cup's 3rd winner (Germany) (who will win it 3  more times in the spiral)

5 Brazil (who will win it 5 times in the spiral)

8 the 8th tournment winner (England)

13 the winner of the 8th tournment will win again on the 13th tournment from now.

21 the 21st tournment, having waited 12 tournments this is number 13. (winner England)







Place your bets now, thank me later

Disclaimer:  

[Torque]

What I hear in my environment is that people find BTC compromised by the irrational pump and subsequent dump. So they consider it unreliable as investment.

It's important that Average Joes only invest in that one reliable investment that goes up in a nice, safe, angled straight line. You know the one I'm talking about, right? Right? Yeah... that one... ummm... I'm sure it'll come to me... eventually...

We will hang around the actual flat or Barted curve till something external happens. I do not expect that before late September... .

Same.