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Question: May 18 Bitcoin Closing Price (Stamp):
$0 - 1 (0.7%)
<$5,000 - 7 (4.6%)
$5,000-$5,500 - 2 (1.3%)
$5,500-$6,000 - 0 (0%)
$6,000-$6,500 - 5 (3.3%)
$6,500-$7,000 - 15 (9.9%)
$7,000-$7,500 - 17 (11.2%)
$7,500-$8,000 - 24 (15.8%)
$8,000-$8,500 - 19 (12.5%)
$8,500-$9,000 - 15 (9.9%)
$9,000-$9,500 - 10 (6.6%)
$9,500-$10,000 - 7 (4.6%)
$10,000-$20,000 - 16 (10.5%)
>$20,000 - 14 (9.2%)
Total Voters: 152

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21167695 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. (23 posts by 12 users deleted.)
JayJuanGee
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July 24, 2018, 04:07:51 AM

The mustard line will hold. Sentiment has shifted. The bull is getting angry. This is my understanding.

The question I find myself asking is what I will do about it. Someone posted a graph here once that showed all the great bull runs were basically like 9 days long. Anyone have that handy? I need to be prepped and ready.


Whether the bottom is "in" or not, I am not brave enough to say, and I would be much more confident to make such an assertion if BTC prices were either testing $10k or above $10k.

I cannot recall that exact graph that shows which days you needed to be in bitcoin to make the vast majority of gains, but I believe that the empirical evidence shows that a large majority of bitcoin's history, when looking at it day by day is losing money on a daily basis, but each year, there are a handful of SUPER bullish days that constitute the vast majority of gains in bitcoin for that year and for bitcoin overall. 

We don't really know ahead of time when the SUPER bull days are going to be, and the lesson that I get from that kind of bitcoin price dynamic is that each of us has to maintain a fairly decent stake in bitcoin in order to be able to profit from the SUPER bull days that have occurred each day and such pattern is likely to continue into Bitcoin's future.
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July 24, 2018, 04:09:55 AM

Eth at 0.058 is looking a bit limp wristed.  

I think ethereum and the rest of the alts are going to be in a bear market for awhile and will not follow the Bitcoin rocket this time.

Not enough money to pump bitcoin and the alts. This is still a really weak rally on terrible volume, hence alts sell for BTC.

That's why it's usually a bad sign. This rally will probably need to deflate a little to fill those tires back up. It's always the way.
Agreed. However, remember that during the run-up to 20k, alts frequently did this, until BTC paused for a few days, and then they went nuts. Like the day LTC was up, what, 100%?

That whole thing was a blur from a moving caboose. I don't remember much.
JayJuanGee
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July 24, 2018, 04:11:38 AM

Some of you here might getting an heart attack thinking about it.

Jay has been a total basket-case for as long as I can remember. I worry about him emotionally.

Oh my?  Is this fake news, to assert the opposite of dee true?

 Roll Eyes Roll Eyes
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July 24, 2018, 04:13:28 AM

Day 934 without sex: Bought altcoins so I can remember the feeling of something going down on me

Bought 5 monero just to fill up my physical 5xmr giveaway coin. I always wanted some xmr around anyway and 0.01786 looked like a bargain price so I couldn't resist.

I'll buy more btc this month to make up for it.



Extra points for the Cry Baby platform.
HairyMaclairy
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July 24, 2018, 04:17:16 AM

Sorry I’m not confident we have bottomed. I think the ETF application will fail and the arse will fall out of the price.  Then we bottom in early 2019.  

This is a nice interim rally and lays the foundations for the long term recovery.
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July 24, 2018, 04:21:54 AM

the ETF application will fail

I'm hoping this is already priced in. Idk. Just because I'm all doomed out doesn't mean the market is, I guess.

Still, poor Jay tho. Undecided
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July 24, 2018, 04:27:44 AM
Merited by JayJuanGee (1)


Definitely going down now. It's busted, never gonna work, doom forever!

See you at $2500.

Losers.
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July 24, 2018, 04:32:47 AM
Merited by JayJuanGee (1)

Sorry I’m not confident we have bottomed. I think the ETF application will fail and the arse will fall out of the price.  Then we bottom in early 2019.  

This is a nice interim rally and lays the foundations for the long term recovery.

You are thinking that we are repeating 2014-2015, condensed into 12 mo?

My thinking is that, perhaps, we are experiencing extended 2013 whereas beginning of 2017 is roughly= beginning of 2013, then dec 2017 peak is an equivalent of april 2013 interim peak, current lows are the equivalent of june-July 2013 interim bottom (at roughly 25-30% of April's 2013 peak) and now we are about to go (maybe by September) into a superbull until late 2018, early-mid 2019, which according to this analogy should be at about 90K, believe it or not.

Both scenarios are possible, but I give slightly higher probability to mine (maybe 60:40 or 70:30)  Wink
HairyMaclairy
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July 24, 2018, 04:36:42 AM

 BADDA BOOM
JayJuanGee
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July 24, 2018, 04:37:09 AM

the ETF application will fail

I'm hoping this is already priced in. Idk. Just because I'm all doomed out doesn't mean the market is, I guess.

Still, poor Jay tho. Undecided

You are starting to act like fatty with your pussified passive aggressive irrelevant and nonsensical comments.

By the way, I like to see that there are about three walls of 500 coins each for sale between $7800 and $8k, and perhaps they will be eaten through quickly given our current price movement?
JimboToronto
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July 24, 2018, 04:39:37 AM

Oh look.

Did you observe one big wall eaten and another waiting?

Nom nom nom. Isn't wall observation fun?
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July 24, 2018, 04:39:52 AM

Good morning #hodlgang! Alright! Half of that 2500BTC wall in bearstamp eaten! Good job bullnance!
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July 24, 2018, 04:41:30 AM

the ETF application will fail

I'm hoping this is already priced in. Idk. Just because I'm all doomed out doesn't mean the market is, I guess.

Still, poor Jay tho. Undecided

You are starting to act like fatty with your pussified passive aggressive irrelevant and nonsensical comments.

By the way, I like to see that there are about three walls of 500 coins each for sale between $7800 and $8k, and perhaps they will be eaten through quickly given our current price movement?

.... here, hold my beer, I'll show you something ...
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July 24, 2018, 04:42:09 AM

it should help again. for whatever. Grin

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July 24, 2018, 04:42:30 AM

You are starting to act like fatty with your pussified passive aggressive irrelevant and nonsensical comments.

I considered the Fatman a friend. That was a real blow. But this is no place for the timid. Is it Jay?
HairyMaclairy
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July 24, 2018, 04:44:12 AM

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July 24, 2018, 04:46:43 AM

Wow...the $7,800 resistance has been broken and..!!..!!...


the price is still under $10k    Cry

Should we get started on the next blockchain? Perhaps blockchain on the cloud this time? Should we IPO? Perhaps something in Plastics? With some of that railway technology...
Gyrsur
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#BEL+++


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July 24, 2018, 04:50:04 AM

Wow...the $7,800 resistance has been broken and..!!..!!...


the price is still under $10k    Cry

Should we get started on the next blockchain? Perhaps blockchain on the cloud this time? Should we IPO? Perhaps something in Plastics? With some of that railway technology...

BIP 174 should be enough for moon.

https://github.com/bitcoin/bips

EDIT: and ASCII art of course.
Elwar
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July 24, 2018, 04:51:36 AM

Also, someone hacked my Purse.io account today.

I had nothing in there as I pulled everything out last week due to someone mentioning having problems getting their money out.

But still...second account this week. I think I have everything of any importance set up with 2FA. Maybe it was due to trying to run a Bitcoin node on my laptop.

The thing keeps crashing on me anyway (database gets corrupted and wants to start over) so I'll give that a rest.
Rosewater Foundation
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July 24, 2018, 04:52:10 AM

Wow...the $7,800 resistance has been broken and..!!..!!...


the price is still under $10k    Cry

Should we get started on the next blockchain? Perhaps blockchain on the cloud this time? Should we IPO? Perhaps something in Plastics? With some of that railway technology...

BIP 174 should be enough for moon.

https://github.com/bitcoin/bips

Ibian successfully derailed my attempts to discuss this. Iirc he insisted on talking about Muslim men. Again.
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