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

[bluebits]

This could be shaping up to something like the May 2014 interim bull trap and visit 10K or so again.

Where can a G3 with more power than G2 come from? The volume is so low, is it off of the accumulated drop from 10k at the top of G2?

2014 replay looks like a fall to fake bottom™ #1 @~4800, bounce it 6k, try again, bounce again. Then when it hits 6k this final time and has absolutely nowhere to go it's off to 3k for a real volume bounce.

[jojo69]

...the currency of nursing homes is 'stories' ....chump or champ..this was a doozy

we are in the presence of greatness

[marcus_of_augustus]

... much of social interaction is stories, story-telling and pecking orders based on narrative delivery.

Even in the elite technical journals and hardest of the objective studies, math, physics, etc the narrative is the final arbiter, after the necessary hurdles of the field are successfully demonstrated as having been mastered, equations, experiments, etc the studies with the best story behind them are the rulers of the roost.

Some of the best crypto stories are just simply unbelievable or so far over the line that they are a hazard to one's financial or legal status so best kept to oneself, for now. I recall one of those visionary posts from the 2011 era, I think by Vlad, that he said he felt like he was caught up in a Neal Stephenson story like Cryptonomicon, it's been a whirlwind ride and shows no signs of ending anytime soon. Some seriously crazy stuff has been going down that we will hear about eventually.

[marcus_of_augustus]

the window leading up to CME futures option expiry 6/29 should present some good buying opportunities.

Bears have been sitting short for a long time on those will be wanting to take their cash profits ... maybe they'll but bitcoin with them eh TERA2?

[jojo69]

... much of social interaction is stories, story-telling and pecking orders based on narrative delivery.

Even in the elite technical journals and hardest of the objective studies, math, physics, etc the narrative is the final arbiter, after the necessary hurdles of the field are successfully demonstrated as having been mastered, equations, experiments, etc the studies with the best story behind them are the rulers of the roost.

Some of the best crypto stories are just simply unbelievable or so far over the line that they are a hazard to one's financial or legal status so best kept to oneself, for now. I recall one of those visionary posts from the 2011 era, I think by Vlad, that he said he felt like he was caught up in a Neal Stephenson story like Cryptonomicon, it's been a whirlwind ride and shows no signs of ending anytime soon. Some seriously crazy stuff has been going down that we will hear about eventually.

Neil very much showed us the way, particularly in the baroque cycle, I owe him a great debt.

[Toxic2040]

1h


4h


D


M




 

[TERA2]

^ What is that arbitrary yellow line on the bottom.

[Last of the V8s]

https://deadcoins.com/

first page - Displaying 1 - 50 of 818

just 1600 more to go

all altcoins are worthless scams - deal with it and exit

what's funny about your link is that they created their alt... CoinJanitor tokens

all very embarassing. fwiw, deleted

[wayna]

(saw this on Twitter. made me laugh)

Hahahaha!!

Some meme of this thread are just epic  !!

[windjc]

^ What is that arbitrary yellow line on the bottom.

This correction will not be like 2013 or 2014. Why? Because it's 2018. The rise was different, the correction will be different too. Its easy to try to trace and outline the future using the past, but its just an exercise for fun. Its relatively useless.

My best guess is this correction will be a somewhere in the middle of the two based on severity (%) dip, but will last longer than both. But even if my best guess is wrong, I will be right about one thing - this correction will be its own animal.

[Majormax]

[ I don't think it will get that low myself, but can certainly see $2k-2.5k being very possible. The number of traders, hopers and buyers on the way down will limit the pace of the decline, so plenty of time to get out now, and plenty of time to get back in. I wouldn't wait for $2k, because that might be very brief, but buying back at $3k gives some opportunity for profit on a 1-2 year view.

Personally, I'm not brave enough to short it, because nothing is certain.]


I agree with what you are writing here, except for your seeming attempt to get peeps to sell now (persuade? or protect?  of course, you would assert that you are attempting to "protect" poor little naive BTC HODLers) and asserting that there is "plenty of time to get back in."

Well, yes I suppose that might be right: not quite sure what you are looking for there. Protecting people from their own folly is a fools errand.  Using a bit of introspection, I guess what I mean to say is :

' OK, I think it is probably going to 3k or less... You can sell if you like, but I am not going to, because

1.  Bull trend will probably resume in 2 years or less.

2.  Having got out it is harder to get back in.

3.  The profit of getting it right is too low compared with the high cost of getting it wrong. '

[Majormax]

^ What is that arbitrary yellow line on the bottom.

This correction will not be like 2013 or 2014. Why? Because it's 2018. The rise was different, the correction will be different too. Its easy to try to trace and outline the future using the past, but its just an exercise for fun. Its relatively useless.

My best guess is this correction will be a somewhere in the middle of the two based on severity (%) dip, but will last longer than both. But even if my best guess is wrong, I will be right about one thing - this correction will be its own animal.

Good logic.  Feels about right to me.

The bad news is the length of time of the correction : The good news is that most of the price fall from ATH has already happened. If we holdled in a 13k price fall, then another ~3k is easy,  no ?

( or 2k or 4k , meh)

[wayna]

^ What is that arbitrary yellow line on the bottom.

This correction will not be like 2013 or 2014. Why? Because it's 2018. The rise was different, the correction will be different too. Its easy to try to trace and outline the future using the past, but its just an exercise for fun. Its relatively useless.

My best guess is this correction will be a somewhere in the middle of the two based on severity (%) dip, but will last longer than both. But even if my best guess is wrong, I will be right about one thing - this correction will be its own animal.

Good logic.  Feels about right to me.

The bad news is the length of time of the correction : The good news is that most of the price fall from ATH has already happened. If we holdled in a 13k price fall, then another ~3k is easy,  no ?

( or 2k or 4k , meh)

To me, maybe 3k is excessive but 2k can definitely happen.

I think we still have a couple of months of sustained dips.

[Last of the V8s]

[vroom]

[mymenace]

... much of social interaction is stories, story-telling and pecking orders based on narrative delivery.

Even in the elite technical journals and hardest of the objective studies, math, physics, etc the narrative is the final arbiter, after the necessary hurdles of the field are successfully demonstrated as having been mastered, equations, experiments, etc the studies with the best story behind them are the rulers of the roost.

Some of the best crypto stories are just simply unbelievable or so far over the line that they are a hazard to one's financial or legal status so best kept to oneself, for now. I recall one of those visionary posts from the 2011 era, I think by Vlad, that he said he felt like he was caught up in a Neal Stephenson story like Cryptonomicon, it's been a whirlwind ride and shows no signs of ending anytime soon. Some seriously crazy stuff has been going down that we will hear about eventually.

.."Some seriously crazy stuff has been going down that we will hear about eventually."...

Yeah seriously crazy   

[shahzadafzal]

[realr0ach]

Some seriously crazy stuff has been going down that we will hear about eventually.

Which is mostly the artificial propping up of bitcoin using the fraudulent exchange Bitfinex.  Besides the tether scam and numerous other Bitfinex scams like trading on their own exchange during halving, having the trade go against them, then stealing all customer funds and claiming they were "hacked", things like a single entity buying over $50+ million worth of bitcoin on Bitfinex at $9000 when the price was over $400 lower on all other exchanges during the initial crash from $20k, literally setting money on fire on purpose for anyone who would actually legitly be trying to accumulate.  

Just like the goyim are starting to notice things like that, the goyim are also starting to notice other things:

[mymenace]

No, The Khazarian Jews are running China. Been moving everything from west to east and selling crap steel to western military. Left the west wide open. Now the Chinese moving in


Seriously

Stuff I am talking about is why did Bruce sell Satoshi out


Satoshi had concerns about deep state actors focused on wikileaks

Basically, bring it on.  Let's encourage Wikileaks to use Bitcoins and I'm willing to face any risk or fallout from that act.

No, don't "bring it on".

The project needs to grow gradually so the software can be strengthened along the way.

I make this appeal to WikiLeaks not to try to use Bitcoin.  Bitcoin is a small beta community in its infancy.  You would not stand to get more than pocket change, and the heat you would bring would likely destroy us at this stage.

It would have been nice to get this attention in any other context.  WikiLeaks has kicked the hornet's nest, and the swarm is headed towards us.

NSA Jim Simons



This person basically outs satoshi, against his above protest and you never see satoshi again

MY LETTER TO THE AUTHOR OF THE ARTICLE:   ( <keir@keirthomas.com>  author of   goo.gl/n0UQt )

I appreciate PC World finally doing an article about the most revolutionary and amazing new technology of the 21st Century so far --- Bitcoin.
However, this really is lazy journalism.
The article implies that Bitcoin was invented as a RESULT of Wikileaks troubles...  as sort of an altrernate SOLUTION to Wikileaks donation funding troubles.

That is NOT TRUE.
The truth is:  Most "Bitcoin.org Forum" members want no association with Wikileaks whatsoever.
The Creator of Bitcoin, Satoshi, has even made a public plea to Wikileaks NOT to accept donations via Bitcoin.
The truth is quite the opposite from the impression that this story leaves.
Most in the Bitcoin Community do NOT want Bitcoin to be associated with Wikileaks in any way.

Bruce Wagner
New York City
+1 646-580-0022
http://bitcoinme.com

Key Players
Deep State
Controlled Media
Wikileaks
Julian Assange
Satoshi - knew the heat
Bruce sold him out - The Creator of Bitcoin, Satoshi,

[El duderino_]

^ What is that arbitrary yellow line on the bottom.

This correction will not be like 2013 or 2014. Why? Because it's 2018. The rise was different, the correction will be different too. Its easy to try to trace and outline the future using the past, but its just an exercise for fun. Its relatively useless.

My best guess is this correction will be a somewhere in the middle of the two based on severity (%) dip, but will last longer than both. But even if my best guess is wrong, I will be right about one thing - this correction will be its own animal.