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

[Elwar]

Uh oh...

looks like bitcoin is still under $10k

 

Did someone delete the blockchain?

[1713281745]

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[1713281745]

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[1713281745]

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[Wekkel]

My take on the current state affairs.

And yes, you may mine some Nimiq (https://www.nimiq.com/) and send me a small tip  
Much appreciated.

[jbreher]

I will admit that Roger ...

There is a bit of a strange overlap with his supposed concept of wanting decentralization, but wanting to have veto power, too...

OK, I'll bite. What is this 'veto power' of which you speak?

It is a concept that Roger Ver does not want to participate unless he gets his way.  

So to you, withdrawing from participation is 'veto power'.

Whoaza, jbreher dee bcash supporting bear.   Your blind support for Roger Ver seems to be causing you to distort and twist what I said about that emotional self-absorbed nutjob, also known as Roger Ver.

No. The convo is clear to all who will read it. You are the one who defined 'veto power' as "a concept that [someone] does not want to participate unless he gets his way".

[HairyMaclairy]

I think ABC Bitcoin announcing hard forks on short notice and telling everyone to get in line or be left behind on the minority chain counts as veto power

[Gyrsur]

Does anyone know a good non-dead thread for lightning network discussion?

Also does anyone else have a lightning node? I'll send you some satoshi for testing.

there is a German thread but I don't know about a English thread. I'm also interested to do some research the next days.

https://bitcointalk.org/index.php?topic=1741929.0

[ccminer.net]

price manipulation at its finest

[Phil_S]

The poll is 50/50.

So it's either Yes or No.

I'm glad we cleared this up. 

[BlindMayorBitcorn]

Dearest BMB,

Noticed you had a glimmer of hope still. Let me just crush that for you.

Sincerely, 

Life

[Gyrsur]

Dearest BMB,

Noticed you had a glimmer of hope still. Let me just crush that for you.

Sincerely, 

Life

This is not the bottom.

Sincerely, 

The Asshole

[JayJuanGee]

So price wise, is this going deeper or are we out of the dark? I personally think that we will go and test prices around 3xxx, where it should bounce back up. Again, no real TA behind it, just my own prediction based on different articles and stuff.

Would like to hear what TA specialists have to say about this. And maybe throw us some graphs.

You read a bunch of articles saying that bitcoin is going down, therefore the weight of the evidence causes you to feel that there are pretty decent chances that bitcoin is going down.

That makes a lot of sense.    

You are wrong, try not to assume so much.

How could I be wrong or assuming, when I am merely attempting to make a parity out of your earlier post by summing it up?

Are you now qualifying what you said,  or are you asserting that I mischaracterized what you said?

In December most articles were about how it's going to the moon and extreme levels,

So what?  We get articles that go with the momentum all the time, and when the trend reverses, those articles end up being wrong.  You are not saying much by merely describing what a bunch of articles are saying, especially if they are just talking about the trend... and having higher (or lower) expectations depending on the then BTC price direction.

though I was pretty sure around 12-13k it will crash soon and hard, ppl were still buying pretty actively then.

Well, yes many of us had sentiments regarding the topping of the BTC that just kept going up, and up, and up, and I had similar sentiments.

It remains amazing how those bullish sentiments work, and the bearish sentiments work in similar ways, too.

At some point, any of us become wrong.

I can read 10 positive articles and have a negative view after that, or vice versa.

Ok.  That is good, but that is not what you seemed to be saying in your previous post.

In any event, if you are not tweaking your previous prediction, then it seems that you are continuing to anticipate the BTC price to bottom out in the $3k-ish price territory...    What kind of action are you taking to prepare for your anticipation of the price movements?  Did you sell some or all, or are you planning to do it at certain price points?  Are you holding?  Are you planning to buy?  If you are planning to buy, at what price points would you do it?  Do you play with margin or not? 

[Cassius]

price manipulation at its finest

Got to say that was a good one. Wait for MA cross. Wait for inverse H&S to near completion. Wait for sentiment across TA commentators to pick up.
Then dump.

[vroom]

this is the last dump before the next leg up will bring us to over $7000. you heard it here first!

[JayJuanGee]

I will admit that Roger ...

There is a bit of a strange overlap with his supposed concept of wanting decentralization, but wanting to have veto power, too...

OK, I'll bite. What is this 'veto power' of which you speak?

It is a concept that Roger Ver does not want to participate unless he gets his way.  

So to you, withdrawing from participation is 'veto power'.

Whoaza, jbreher dee bcash supporting bear.   Your blind support for Roger Ver seems to be causing you to distort and twist what I said about that emotional self-absorbed nutjob, also known as Roger Ver.

No. The convo is clear to all who will read it. You are the one who defined 'veto power' as "a concept that [someone] does not want to participate unless he gets his way".

Maybe our sense of "clear" is unclear?

I thought that I made myself clear enough, especially for those who understood that I was criticizing Roger's personality and his seemingly ongoing temper tantrum motivations, and now we seem to be getting repetitive... And, you want to get into some kind of other distracting point about what is the greater and deeper meaning of "veto power," when I thought that I made myself clear enough for all intents and purposes.. except not for the intent of satisfying someone like you who feels some kind of compelling drive to defend fellow BIG blocker nutjobs like Roger who, like I said, is motivated by wanting to have his way.. Are we repeating to such an extent that such points are getting lost?  Perhaps, but it seems to me that you want to distract and to divert such topics in such a way to make the point(s) about me or some abstract concepts of "veto power" rather than the overall point that I was attempting to make?

What more do we need to say to beat this topic to death?

I think ABC Bitcoin announcing hard forks on short notice and telling everyone to get in line or be left behind on the minority chain counts as veto power

That seems to be a slightly different point, and we can attempt to describe what they were doing as a form of a desperate temper tantrum that the NY agreement had kind of blown up and was not going their way.... so they made a last gasp at attempting to muddy the waters and to NOT to get segwit.  Maybe initially bcash was not meant to be an attack vector for bitcoin, but it has grown in that direction?  I think that my main point is that the motivations and the movers behind bcash kind of changed with time, and like you suggested, it is not like they waited around to see what people thought, they just did it because they felt that it served their narrow interest... perhaps the bcash fork itself was more of a Jihan Wu move, but the subsequent marketing and using bcash as a bitcoin attack vector became more of Roger's and Craig's baby.

[BlindMayorBitcorn]

[Gyrsur]

BMW M is not so bad.  

[BlindMayorBitcorn]

I could afford a personal automobile once. Briefly

[Globb0]

The slam 

well played

Big house

[starmman]

Haha, nice post =)

It would be great to see a little more momentum

[somac.]

this is the last dump before the next leg up will bring us to over $7000. you heard it here first!

I'm thinking that a bottom may be close myself. Bitcoin's strongest selling point is escape from banks and fuck wit governments. With the US now actively attempting to destroy the status quo post Bretton Woods environment, various governments, and banks, are going to start adding more restrictions to global flows, and start coming down harder on their populace, as their people will no doubt get more restless with the credit bubble tapping out.

I think China will be a driver of the btc price again, despite what people are saying I think they are close disaster. I read a comment recently from a man who has a lot of business in China and has a lot of connections with high up party members and business leaders. Things don't sound good.

[Gyrsur]

this is the last dump before the next leg up will bring us to over $7000. you heard it here first!

I'm thinking that a bottom may be close myself. Bitcoin's strongest selling point is escape from banks and fuck wit governments. With the US now actively attempting to destroy the status quo post Bretton Woods environment, various governments, and banks, are going to start adding more restrictions to global flows, and start coming down harder on their populace, as their people will no doubt get more restless with the credit bubble tapping out.

I think China will be a driver of the btc price again, despite what people are saying I think they are close disaster. I read a comment recently from a man who has a lot of business in China and has a lot of connections with high up party members and business leaders. Things don't sound good.

maybe South_America will also be a driver of the Bitcoin price in the next time.