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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (0.9%)
7/28 - 11 (10.4%)
8/4 - 16 (15.1%)
8/11 - 7 (6.6%)
8/18 - 6 (5.7%)
8/25 - 7 (6.6%)
After August - 58 (54.7%)
Total Voters: 106

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26463167 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. (174 posts by 3 users with 9 merit deleted.)
Totscha
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July 13, 2018, 08:10:13 AM
Merited by Last of the V8s (1)


Wow that was a lot  Grin Grin Grin


@billyjoeallen
..sh*t IMHO is going to hit the fan..

I loved Bitcoin, but it's MySpace. I'm looking for the FaceBook of crypto. Bitcoin was pioneering, but a pioneer is a guy lying face down in a pool of his own blood with arrows in his back.  it's something to learn from.  

Am I missing some other relevant metric?

How do they determine value





There we go the short version

1) Yes shit always hits the fan with bitcoin
2) bitcoin blockchain cannot be duplicate holds evidence
3) Metric is Buy the Dip!
4) Value is what you are willing to pay



What if Bitcoin is Amazon? Not impressive at first glance, but it capitalizes it's first mover advantage.
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July 13, 2018, 08:16:20 AM
Merited by Torque (1), DeathAngel (1)

All you kids wanting to get in on the ground floor of something big.  Its not too late.  You have about a year to build your Bitcoin holdings.  Chasing shitcoin pumps is going to get you nowhere. 
Totscha
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July 13, 2018, 08:30:00 AM
Merited by kurious (1)

All you kids wanting to get in on the ground floor of something big.  Its not too late.  You have about a year to build your Bitcoin holdings.  Chasing shitcoin pumps is going to get you nowhere. 

Pater dimitte illis non enim sciunt quid faciunt. Wink
Syke
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July 13, 2018, 08:40:36 AM

On public blockchains, it should be relatively simple to calculate dollar value of transactions/block, but nobody is doing that to my knowledge. I wonder why?

A decent estimate:

https://www.blockchain.com/charts/estimated-transaction-volume-usd
kurious
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July 13, 2018, 08:43:24 AM

All you kids wanting to get in on the ground floor of something big.  Its not too late.  You have about a year to build your Bitcoin holdings.  Chasing shitcoin pumps is going to get you nowhere. 

Pater dimitte illis non enim sciunt quid faciunt. Wink

Ha!  Merited.
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July 13, 2018, 08:55:38 AM

Nice one but this isn't my first rodeo.  Where will you be when the train leaves the station in 2019?
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July 13, 2018, 09:06:34 AM
Merited by Torque (1)

Nice one but this isn't my first rodeo.  Where will you be when the train leaves the station in 2019?

I’m locked & loaded, have been since 2014. All I’ve spent/sold is the free bitcoin I got from transferring BCH into bitcoin & signature campaign money.

After the next halving I believe this shit goes parabolic.
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July 13, 2018, 09:07:58 AM

I really should consider trading BTC.

I can usually see the indicators of a jump. ie someone with a huge sell wall trying to push prices down before pumping them, high rated individuals on localbitcoins trying to buy very large amounts of bitcoins, etc.

It's just too stressful though. I'd rather just buy and hodl.

Amen to that
savetherainforest
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July 13, 2018, 09:24:04 AM


But I do like when noobs lose money! Cheesy Cheesy

They should lose more!!! Smiley
kurious
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July 13, 2018, 09:38:05 AM

Nice one but this isn't my first rodeo.  Where will you be when the train leaves the station in 2019?

I hope it does leave then, but the last peak-to-peak was four years. 

Either way, I think I am already booked in for first class. See you there?

I'll be the guy smiling, drinking vintage champagne and reading glossy magazines featuring private islands for sale.
Spaceman_Spiff_Original
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July 13, 2018, 10:37:47 AM

I can usually see the indicators of a jump. ie someone with a huge sell wall trying to push prices down before pumping them, high rated individuals on localbitcoins trying to buy very large amounts of bitcoins, etc.
I don't follow localbitcoins.  Would you say that there are currently more of these people buying or not?
And how can you check this out?
Last of the V8s
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July 13, 2018, 11:03:54 AM
Last edit: July 13, 2018, 11:22:41 AM by Last of the V8s

Caution: Mempool trending to break yesterdays high.

Buckle up. Shitfuckery is afoot.
https://core.jochen-hoenicke.de/queue/#6m


*giants consolidating ↓
Wekkel
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yes


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July 13, 2018, 11:06:21 AM

What is the significance of the mempool rising:
*people obtaining more Bitcoin (exchanges, locabitcoins)
*people bringing Bitcoin to exchanges to dump
*other things not mentioned
vroom
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July 13, 2018, 11:20:10 AM
Last edit: July 13, 2018, 11:39:27 AM by vroom

weekly mempool graph, unconfirmed transactions. does this really look significant?




edit: what's going on, this thread is leaking messages! WO page count parity is coming when we keep leaking that fast! Smiley
Last of the V8s
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Be a bank


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July 13, 2018, 11:26:56 AM

oh hey they nuked shelby yet again Angry Sad , but not Shocked
i've a couple of archives of his recent oeuvre, but nothing substantial. did anyone get it all down? pm ok
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July 13, 2018, 11:48:31 AM
Merited by mindrust (1), Last of the V8s (1)

Played with different SMA intervals, until 3 bottoms lined up perfectly (at 56-hour SMA):





Looks like a falling wedge:

https://www.investopedia.com/university/charts/charts7.asp

Quote
When the pattern completes, and the price breaks out of wedge, it is usually in the opposite direction the wedge was pointed. This is why it is called a reversal pattern. For example, if a wedge is angled downward—called a "falling wedge"—the price will often break above the top of the pattern and rally.

Bullish.
savetherainforest
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July 13, 2018, 11:54:04 AM

Played with different SMA intervals, until 3 bottoms lined up perfectly (at 56-hour SMA):






I don't think we will see it take its course. I feel like it will end abruptly and just leave everyone behind hoping for 5.6k but they will never get their way! Smiley

Huge buyout coming soon! Cheesy Cheesy

vroom
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a Cray can run an endless loop in under 4 hours


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July 13, 2018, 12:00:08 PM

Played with different SMA intervals, until 3 bottoms lined up perfectly (at 56-hour SMA):






I don't think we will see it take its course. I feel like it will end abruptly and just leave everyone behind hoping for 5.6k but they will never get their way! Smiley

Huge buyout coming soon! Cheesy Cheesy



the triangle is almost pointing to a possible breakout at the ETF decissions day on 10th august, just 20 days off. considering the long timespan of this graph, they did a good job manipulating the market and choosing this date. *conspiracy*
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July 13, 2018, 12:16:42 PM

All you kids wanting to get in on the ground floor of something big.  Its not too late.  You have about a year to build your Bitcoin holdings.  Chasing shitcoin pumps is going to get you nowhere. 

Pater dimitte illis non enim sciunt quid faciunt. Wink

 That reminds me of a beautiful piece of music.
 
 Kirchenkonzert: Die sieben letzten Worte unseres Erlösers am Kreuze (Franz Joseph Haydn)

It gives me the occasional frisson just listening to it.  Crank it up!



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July 13, 2018, 12:22:12 PM
Merited by xhomerx10 (1), BobLawblaw (1)

I sold all the way up, Bro.  I was down to dust at the top. Bought some really cool night vision goggles on purse.io.  I can't really use them on the SeaDoo I bought before that. Or the convertible. or the other convertible. or the motorcycle. or the house. How u doin?

Lol, guy bragging about how he liquidated all his bitcoin for a bunch of depreciating assets to stroke his own ego.... to Bitcoin holders who are in it for the long term gains and possibly early retirement.

How about we won't be broke in 10 years. Like u, Bro?
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