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

[jonoiv]

This whole day has been totally unnecessary. 

no, this is how the bitcoin market works. the last dump was necessary to fuel the next pump to over 9k.

*rocket.gif*

This.

Next pump expected between 4-6 August.

and next Bot will post more propaganda in approx 5 mins.

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[vroom]

This whole day has been totally unnecessary.  

no, this is how the bitcoin market works. the last dump was necessary to fuel the next pump to over 9k.

*rocket.gif*

Mr Elliot is turning in his grave. Is there anyone else who wants to share their infinite wisdom?

try harder

[LFC_Bitcoin]

It’s not that much of a price drop. Why is everybody panicking like a bunch of pubescent teenage girls?

Strap on a fucking sac.

HODL

Yup!

Back up to 81xx

[buyandhold]

[B1tUnl0ck3r]

I can't stop laughing at the low iqs here ... a few recent extracts :

Are B1tUnl0ck3r and mymenace the same person/bot?

What a brilliant observation, I really like some of his recent posts, very interesting. I must add Rosewater Foundation... always cheering.

Are B1tUnl0ck3r and mymenace the same person/bot?

I've ignored both for posting gibberish, eerily similar gibberish now I think about it, so you could well be on to something.

im kinda wondering the same thing myself. both are on ignore at the moment but i click "show post" every so often for the lulz.

thanks vap, don't get fooled by the other idiots, a smile is worth more than you will ever get, and don't forget them please when things seems less rosy to you... if only my stupidity can bring something positive it would already be a great achievement. So please keep lulzing... pixels which make lulz, isn't it the goal?

I was thinking maybe that B1t gibberish posting character ran outta meds again or something....

dude, I hope you will find love and life and will not be forced medicated or force vaccinated. Forced medication is the planned outcome for bitcoin enthusiasts according to a so called ex cocaine addict running a brainwashing facility in the uk, targeting bitcoin fan... so joke as you want...

(https://www.independent.co.uk/news/business/news/bitcoin-addiction-rehab-cryptocurrency-trading-castle-craig-hospital-a8373801.html)

Are B1tUnl0ck3r and mymenace the same person/bot?

I've ignored both for posting gibberish, eerily similar gibberish now I think about it, so you could well be on to something.

you are part of the most stupid uninteresting people on this board, please try to be a little bit more original and creative in your posting... it's frankly sad.

It is so funny how it fits the american way....

facebook, twitter, google, all seek to censor to oppress, dominate control and rape, while tencent and co try to create a better china.

what happened to my america? I think it's the whorization of the entire female populations, behind their illusory quest for domination, that lead most americans males to fall so low... all wanna be the next

I don't know about whorization-I don't see it on a mass scale, but another statement is true:
every single american corporation want's to mess you up: shady fees, sudden price increases, not doing their job, etc.

A couple examples:
1. Airlines who made distances between seats so small, it is positively UNCOMFORTABLE experience, unless you pay for 1st class.
2. Healthcare companies that send you a letter of their commitment for a certain timeframe, then suddenly renege while providing highly technical mumbo-jumbo response about why they did it. I can translate it: we f-k you because we can and you should enjoy it.

I intend to focus on bitcoin/crypto because I see this is the ONLY way out of this situation, but not everyone would be able to do it, hence a campaign to decrease attraction to bitcoin by spreading FUD.

Smart people in finances (like Bill Miller) are openly suggesting to large fiat holders to buy bitcoin/crypto ASAP. If he/they do it in the open it means that not much time is left before a large upswing.

I think it's localized, it depend on the county... the more the income disparity, and access you get with money (rooftop party vs over a subway vent) and the less urban areas (there are no vip area in rodeos but for the riders...).

To comeback to our agreement, I really like the term coined by the great max keizer, aka the zombie corporation... they are trying to eat us... until we are destitute and then start to rape us, because this is what they really are after.

airlines... first you have to breach the tsa gates... wait like a rats, then be exposed to who knows what in overcrowded planes... wear mask and knee protection gears under your pants...

healthcare... look at the post above, they even have their little drones, at least this one can make simple sentence, ready to pump their bottom lines... 40% of the american population is on psychoactive... it tells you a lot about the real suffering in the society... and imagine the day their supplies are cut... what I really hate is how the "law class and the medical class" work in harmony to exploit and parasite everything...

here they don't spray their FUD... what can they do? like the low iq say to us to take our meds? or maybe they will try to medical arrest Bill Miller (I don't know the guy) and send him in rehab for excessive trading? let me laugh...

no the best option is the war against the enslavers...

anyway... enjoy :

2.190. Fight against those who fight against you in the way of Allah, but do not transgress, for Allah does not love transgressors.

2.191. Kill them whenever you confront them and drive them out from where they drove you out. (For though killing is sinful) wrongful persecution is even worse than killing. Do not fight against them near the Holy Mosque unless they fight against you; but if they fight against you kill them, for that is the reward of such unbelievers.

2.192. Then if they desist, know well that Allah is Ever-Forgiving, Most Compassionate.

2.193. Keep on fighting against them until mischief ends and the way prescribed by Allah prevails. But if they desist, then know that hostility is only against the wrong-doers.

2.194. The sacred month for the sacred month; sanctities should be respected alike ( by all concerned). Thus, if someone has attacked you, attack him just as he attacked you, and fear Allah and remain conscious that Allah is with those who guard against violating the bounds set by Him.

[Rosewater Foundation]

This whole day has been totally unnecessary.  

Whales jerking each other off on margin, while we coil upwards.

Asshole, sexually-frustrated whales, I tell ya hwat...

If you ever wondered why the ocean was so salty..

[HI-TEC99]

This whole day has been totally unnecessary.  

Whales jerking each other off on margin, while we coil upwards.

Asshole, sexually-frustrated whales, I tell ya hwat...

That's the third time they pulled that trick in seven days.

[B1tUnl0ck3r]

This whole day has been totally unnecessary.  

Whales jerking each other off on margin, while we coil upwards.

Asshole, sexually-frustrated whales, I tell ya hwat...

If you ever wondered why the ocean was so salty..

the good joke, and it's serious, how do whales drink?

edit: https://www.scientificamerican.com/article/how-can-sea-mammals-drink/

[JayJuanGee]

Bitcoin difficulty change: 14.88%. This is big! 

A bit bigger than the June 5th change, which was followed by a drop from 7600 to 5800.

I thought difficulty follows the price usually, but not vice versa.

We're going through strange times, where difficulty goes up and price goes sideways. There might be some trick performed by hashrate monopolists to cut out the small fish. I mistrust the recent statements about transparency of shipping made by some miner vendors. Call me ill minded if you please.

Whether you are "ill-minded" or something else, we can probably already postulate that there is not any real short term correlation of BTC price to difficulty.

Surely in the longer term we might be able to assert some kind of correlation, but there remains a lot of variation in the demographics of miners including the fact that some of the miners are kind of betting on long term bitcoin success, so pretty much, they keep doing whatever they are going to do, based on longer term expectations rather than short term happenings.

Surely, there are some of the miners who are likely attempting to play around and manipulate difficulty and hashing rate, but those can end up being costly plays too, if the market (or the remaining miners) do not react in expectable ways in response to their manipulation attempts.

[ivomm]

I was about to post the same pic! We have a new pattern, kinda like bart with spiky haircut. Two short squeezes for a day and at least 5-6 for a week are definitely brutal. Bears are in pain  

[buyandhold]

I was about to post the same pic! We have a new pattern, kinda like bart with spiky haircut. Two short squeezes for a day and at least 5-6 for a week are definitely brutal. Bears are in pain  

I dunno. Look how droopy that trend is. I'm depressed. whatever

[HairyMaclairy]

New downtrend line is holding



And looks like we may revisit support from the age old support / resistance line:

[jonoiv]

This whole day has been totally unnecessary.  

no, this is how the bitcoin market works. the last dump was necessary to fuel the next pump to over 9k.

*rocket.gif*

Mr Elliot is turning in his grave. Is there anyone else who wants to share their infinite wisdom?

try harder

wow a wordless meme, it really emphasizes your point.  It shows you know what you're talking about.   I'm willing to listen to bullish points of view, just not willing to listen to people / bots that write the same old...Yay moon, rocket, choo choo ect. Im sure that some people on the forum will be sucked in by it from time to time, but most people will form their own opionions based on analysis, not simpletons with vested interests and a collection of recycled memes.

[JayJuanGee]

I just need to point out that the bear market of 2013-2015 was not exactly three years, but one year and a half. Since it covered three years, people think they were full three years, which is not the case.

There can be a lot of variance in the measurement both in terms what was the actual bear market, and there are some reasonable claims to 3 years, especially if you count from the top of the previous peak and how long it took to return to prices above the previous peak.  Surely, measuring from previous peak to returning above that seems a bit of an extreme measurement too.

Another angle, is to measure what were the perceptions of being in the bear market - and getting out of such bear market.  You know some folks like to call "bear market" as soon as the price enters into a correction, and some times they might end up being right.. like chicken little continuing to say that the sky is falling or the boy who calls wolf.  When you call "bear market" early and often, it remains unclear whether the trend would have been reversing..

Furthermore, even your depicted time-frame of 2013-2015 might be inaccurate and suggests the result that you want us to reach.

Personally, I have been of the belief that even though the bear market of 2014 began around late 2013, it really would not have been reasonable to label it as an actual "bear market" until about the end of 2014 when the price continued to not be able to recover above $500, and then just plunged into its low large $200 range.  Also, even though BTC prices largely began to recover in about October 2015, we really did not have any convincing evidence until about May 2016 when the price shot above $500 for the second time (of the previous 7 months), and even that end of May 2016 shooting up was far less than a 100% certainty about being out of the earlier bear market (but instead a reasonable perception, and bet).

I guess in the end, I likely agree with you that the bear market was less than 3 years, but I would most strongly characterize such bear market (both the perception and the ultimate market performance) lasting between about mid 2014 and mid 2016.. which would be two years, but surely we could recognize arguments for the assertion of alternative frameworks, depending also upon whether you believe certain causes to have been more prevalent to your story of what happened (bringing us into or out of such "bear market").

Finally, some folks have reasonably asserted that bitcoin has never been in any kind of meaningful bear market, and surely that kind of story would just emphasize the s-curve adoption aspect of bitcoin, and perhaps give less emphasis to some of the reality of the significant price corrections in terms of length of time and depth of the correction(s).

[HairyMaclairy]

Just checking in with the conservatives here - we all agree that if Trump did a deal with the Russians for them to hack the Democrats emails, then there's absolutely nothing wrong with that?  Getting a foreign power to hack your political opponents is just smart business?  Do you agree?

http://thehill.com/homenews/administration/399461-giuliani-collusion-is-not-a-crime

[Rosewater Foundation]

[aaroque2003]

Just checking in with the conservatives here - we all agree that if Trump did a deal with the Russians for them to hack the Democrats emails, then there's absolutely nothing wrong with that?  Getting a foreign power to hack your political opponents is just smart business?  Do you agree?

http://thehill.com/homenews/administration/399461-giuliani-collusion-is-not-a-crime

Only one small detail to that story sir... u are missing the key element, was not a HACK, Ask Seth Rich about it once u reach heaven, IFFFFFF a person like u with all that TDS which produce huge amounts of hate towards everybody else, ever gets to heaven.. Have a bless and nice day.

[JayJuanGee]

Haha, digged old stuff out - still good and correct.

Small blocks was dictated by the 'best' software devs and a fiat based blockstream, blocking on chain stream.

Bitcoin business devs moved on, since on-chain scaling is provenly possible in the global money world.

Sure, not with Raspis, censure and social engineering, but with decent tech and investment like minres already achieved over last years.

Do you have a BIP?  Or are you merely suggesting that folks here migrate over to bcash, since bcash is surely superior to bitcoin with its segwit and lightning network and other second layer scaling, right?

KISS is king.

Complexity will die or never take off.

Get the fuck out of here with your assertion that segwit and lightning are complex, or too complex and that the purported complexity of these will be a meaningful hinderance for bitcoin.  You are speculating without fact, and some kind of nice talking point that is NOT justified in reality (but it sure sounds nice, right?)

And good luck with your KISS on bcash.... scaling has been playing out well on bcash, right?  No traffic and so there is plenty of room for expansion... you guys are doing very well.. it's gonna be lovely.. you, Roger, Craig, jbreher, Jihan and PeterR... one bigblocker happy and quasi centralized family.

Haha, yes its easy to trigger religious ppl who still believe their core is the center of the truth, and only these few!  

like https://mobile.twitter.com/BashCo_/status/1023593797127745541 as well.

Nah, you ll get it little later then. Still all segregating forces active here.

https://mobile.twitter.com/Bitcoin/status/1023477720036962304

You have been spouting Bcash and BIG blocker nonsense for quite a long time hv, and attempting to assert that you are bringing some kind of value to the conversation, and suggesting that bitcoin is "going in the wrong direction," blah, blah blah...

Furthermore, your suggestion that bitcoin is merely acting on some kind of "religious dogma" rather than accounting for better technology is misleading, and just a stupid-ass superficial attack assertion.

You realize that segwit was adopted by consensus, correct?  segwit allows for keeping smaller blocks and off chain scaling.  You don't want to accept such consensus direction of bitcoin so you spout out bcash/big blocker talking points, on an ongoing basis.... asserting doom and gloom for bitcoin, blah blah blah.

You are wrong, hv.  Why can't you face it?  You just want to continue to assert nonsense and disinformation....

Regarding bitcoincore.org removing bitcoin.org from their web resources, so fucking what?  If that website, including bitcoin.com, is engaged in the misleading of people into suggesting that bcash is the real bitcoin, then this is not about religion, but instead about attempting to minimize the impact of an attack vector.  BIG blockers and bcash nutjobs, including yourself, continue to engage in physical attacks on bitcoin and also propaganda (informational) attacks on bitcoin, so it remains fair game to lessen the impact of some of the informational attack vectors, such as removing bitcoin.org from the bitcoincore.org resources pages.  That is not called "religion," it is called "defense" against an attack vector (and perhaps even "offense" against an attack vector depending on how the matter is framed).

[El duderino_]

i am in deep peace.... just been @dinner @ a thai resto and with my brother, girl .... and with my coffee came a fortune cookie

just loved what it said      almost exactly like "hodl"

[Hueristic]

If i sell now, is it the bottom or the top?  

-if you sell, it'll be the bottom.
-if you buy, it'll be the top.

That's the way it usually goes.

It is for me.

I guess hodl until margin call or no balls  

Been there, done that for months. I had to do that during the BCH split and the fucking rates went up to the MAX!!! And I didn't get the BCH to boot.

At least some of their algorithms don't seem entertaining enough for a handful of Wall Observers.

HAH, looks like my screen.

As the price drops to panic inducing low prices I will share a few stories for story time.

I finally got my account unlocked on WEX after supplying details of every transaction I ever had with them, signing statements from the addresses of the receive addresses for all of my withdrawals, screen shots of receiving those transactions and sending the IP address of every time I logged into the system.

My account was locked out but I am not able to withdraw my NMC for 2 weeks (I assume this is how long they believe they will still be around, or they need 2 weeks to pilfer the rest of my NMC). I used to have 21k NMC. I logged in to see 12k NMC and 9k NMCET. From the looks of things WEX was allowing people to withdraw NMC (likely because they could just use mine and that's all they had left). I guess their remedy for opening my account was to create a fake NMC token and distribute that as "just as good as NMC". As people quickly ended up dumping the worthless token lowering the price.

So now I have to wait 2 weeks and watch as the whole thing implodes. But at least I can watch the last of my NMC get pilfered in the meantime.


On another note, I've been trying to buy a car here in French Polynesia since February. Borrowing a friend's car while I try to sell enough BTC to get francs to buy a car. After only getting about $800 worth I was about to buy a scooter when I realized that I have 6000 euro in an old German bank account from a few years ago. That German bank account is on the European SEPA network. Many people here in French Polynesia are from France and have french bank accounts. So I found a guy from France who sold me his Twingo for 6000 euro. I sent the transfer though the online bank transfer and got the car. I got an e-mail today from the guy saying the transfer never went through. So I check the bank and sure enough, transaction was reversed "Please contact the bank for further details". The problem being...how do I call the bank in Germany from French Polynesia? I don't even have a number here, who uses phones? I opted for the data only plan. Furthermore I don't speak German so even if I get through I'll have to ask for someone who speaks English and they'll tell me "oh the person who speaks English will call you back, what's your number?". I re-sent the transaction, I e-mailed the bank and told them to e-mail me back. If it's not resolved in the next day or so I'll just use localbitcoins to sell a BTC to transfer to the guy's bank account.

I just want to get all of my money off of these banks and exchanges and into wallets under my complete control. I should not need to ask permission or jump through so many hoops just to get access to "my money".

Just a lesson to all of those that still have money in these types of locations, get them off while you still can. Not your keys, not your coins. Money in the banks is not your money.

Almost all Germans speak English, they are taught it in school (I think it's a law). Good luck with that though.