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

[smartcomet]

I posted this in a different thread a few days ago, but it seems to be a well-liked chart, so I'll share here:



I didn't make this. Source: https://twitter.com/CryptoKaleo/status/1009156602039971840

If ETF is approved by the end of 2018.

[1713493149]

1713493149

[Elwar]

Another invisible wall. Thinkin these might be wash trades.

The price moves in the direction of the walls.

[Anon136]

{hate speech} as per usual.

SPEECHLESS .. SOBs..!!!!! and that was back on August 4th.. !!!!!!!!!!!! WOW   ... Again, Speechless...

Quoting the roaches racists shit is a "ignorable" offense, FYI.

Using the left's weaponized language isn't much better.

Hah!, I don't even know what that is!

ADDED: Is that like the dark state or something?

I just don't read all that Q shit.

"hate speech"... it's a phrase cooked up by alinskyites to delegitimize and deplatform their political opponents without actually addressing the content of their message. It's like saying "conspiracy theorist" or "denier" instead of skeptic. It's politically weaponized language. I don't know if roaches claim is true or not, but if it is true than there certainly isn't anything wrong with speaking truth. Except for being off topic of course. So if you really wanted to attack it than you should attack it on the grounds of being either untrue, unimportant even if it were true, or off topic. Not on the grounds that it's "hate speech" which is basically saying "shouldn't be allowed because it makes me feel neggies" (coining that word right now, means like feeling negative emotions, but in a sarcastic making fun of snowflakes kinda way).

I'm not defending roach here. Just things like "hate speech" or "conspiracy theorist" are almost as annoying as euphemisms like "people of color" or "undocumented immigrant". Grinds my gears you know.

Anyway I don't want to go down a rabbit hole here in this thread so we should go elsewhere if anyone wants to pursue it further.

[jbreher]

Thanks Jbear.  I must admit with all the BCH forks flying around I am losing track of which BCH is supposed to be the real BCH.  Is it the Peter R or Alex F version or someone else’s?

You seem to be unable to discern the difference between: an instance of a blockchain; and a proposal for an instance of a client.

So is the instance of the client with OP_Group enabled the real BCH client or is the real BCH client the one without OP_Group?

Download 'em, run 'em, and see which work on the blockchain.

Oh, you can't? You won't? Not my problem.

I am fairly confident each will work on their respective blockchains.  Unless you are telling us with utmost confidence that Bcash lol won’t HF in November?

No. I am saying that we know not yet which implementation will collect critical mass. Chances are, the miners will mass 99% behind the implementation they prefer, and the 1% will crawl off into obscurity, capitulation, and subsequent chain death. Unless, of course, reality slaps the lagging implementation in the face leading to a kumbaya moment.

[Elwar]

https://www.justice.gov/usao-sdca/pr/bitcoin-dealer-indicted-money-laundering-charges-held-without-bond
Another bitcoiner kidnapped for the crime of having money.

California...it figures.

Dude won't get fair treatment.

Looks like he was selling BTC on localbitcoins and made about $37k which puts him about at the lowest tax bracket so at least he doesn't need to worry about a capital gains tax violation.

He was selling in California, sending the money to Bitfinex and converting back to BTC. For this they considered it "International Money Laundering".

Them throwing out numbers like $750k, $1 million, etc. is all bullshit. They even said he did 971 separate transactions. That's less than $800 per sale on average.

The judge even threw in his general disdain for US laws as a reason to not give him bail. Ya think?

I guess we all need to start acting all super patriotic and love the nazi laws publicly so that when they try to throw us in jail because we're "required to register with the Department of Treasury" for our bitcoin transactions we can get bail.

All future posts by me will be super patriotic and utter bullshit. I expect I may need to return to the US at some point for funerals and such so I must act like a Jew in Nazi Germany or a proletariat in the Soviet Union.

God Bless the USA!

[theforceht]

[JayJuanGee]

He engages in convoluted distractions including frequently attempting to suggest that there were some kind of burden on others to prove him to be wrong rather than him having both the burden of production of evidence and persuasion about the relevance and strength of that evidence, and further if he were such a supposed genius, he would present his ideas and refrain from ad hominem bullshit....

You are delusional, JJG. In your discussions with Shelby, he provided sound reasoning based upon solid evidence supported by links documenting the evidence.

Bullshit.  He provided convolution and distorted speculation.

How would you know? You never read the provided evidence.

I read enough to reach my conclusions. If there was some kind of warrant for looking at the matter closer, then possibly I would have done that, but Anunymint/Shelby did not make any such presentation.. and so far I have not seen any reason to revisit my conclusions that the guy is largely a troll nutjob that is engaged in spreading FUD nonsense rather than attempting to build and contribute. 

Furthermore, Anunymint/Shelby is and remains a banned person from this forum (the fucktard), so I don't understand what purpose it serves to idolize and put such banned person on a pedestal when he does not have enough posting smarts to NOT get banned (which includes my already assertion that it takes a whole hell-of-a-lot of posting of bullshit nonsense in order to get banned from this forum, which Anunymint/shelby has accomplished on numerous occasions, which also substantiates the likelihood that his ideas don't really deserve any special treatment because even he was not able to present them without unnecessary and irrelevant provocations. 

Another point is that you should also look in the mirror, perhaps, and attempt to figure out why it is so important for you to want to continue to bring up bullshit points and to revere nonsense ideas of a banned person as if his ideas and even his person were/was more than they were?

[RoomBot]

Buying is not really the hardest part.

Not selling when it pumps or dumps insanely is.


 

Yeah, I remember myself struggling not to sell my extra BTC I got from dumping BCH during the $20k+ December pump.  

It felt good to sell some at $19,000, just to say I did.  

of course just one week before that I was waiting patiently for $10K to sell.

What a wild ride.

[DaRude]

{hate speech} as per usual.

SPEECHLESS .. SOBs..!!!!! and that was back on August 4th.. !!!!!!!!!!!! WOW   ... Again, Speechless...

Quoting the roaches racists shit is a "ignorable" offense, FYI.

Using the left's weaponized language isn't much better.

Hah!, I don't even know what that is!

ADDED: Is that like the dark state or something?

I just don't read all that Q shit.

"hate speech"... it's a phrase cooked up by alinskyites to delegitimize and deplatform their political opponents without actually addressing the content of their message. It's like saying "conspiracy theorist" or "denier" instead of skeptic. It's politically weaponized language. I don't know if roaches claim is true or not, but if it is true than there certainly isn't anything wrong with speaking truth. Except for being off topic of course. So if you really wanted to attack it than you should attack it on the grounds of being either untrue, unimportant even if it were true, or off topic. Not on the grounds that it's "hate speech" which is basically saying "shouldn't be allowed because it makes me feel neggies" (coining that word right now, means like feeling negative emotions, but in a sarcastic making fun of snowflakes kinda way).

I'm not defending roach here. Just things like "hate speech" or "conspiracy theorist" are almost as annoying as euphemisms like "people of color" or "undocumented immigrant". Grinds my gears you know.

Anyway I don't want to go down a rabbit hole here in this thread so we should go elsewhere if anyone wants to pursue it further.

Some people are just beyond help and shouldn't be engaged. Flat earthers, scientologists, and roach are just going for publicity or trying to brainwash people. Engaging them just makes them feel more righteous and legitimizes them. Sort of like if i wanted to start spreading a belief that everyone who doesn't agree with me is a zombie controlled by squirrels that live deep deep underground. And don't you dare call it a conspiracy!

[JayJuanGee]

I posted this in a different thread a few days ago, but it seems to be a well-liked chart, so I'll share here:



I didn't make this. Source: https://twitter.com/CryptoKaleo/status/1009156602039971840

If go up, then me like.   

[JayJuanGee]

Guys, this doesn't look pretty to me:

Yeah.... If you draw a bunch of down arrows, and you say that the situation looks bad (or not pretty), then that is really scary. 

It feels almost as if such a negative scenario could actually happen and largely because it is stated on a chart.

Those are not just the bunch of down arrows, they are all the attempts of bulls for the short-term breakout; each and every attempt of bulls within the last week failed, and if this continues even a little, it can take us down to around ~$5750.

I refuse to get discouraged before such a speculation happens, even though I am prepared to buy more BTC in the event that it were to happen.  There have been more than 5 attempts to push BTC prices below $6k (and to stay there) since early February.  Even though there is a bit of trouble getting out of this channel, why should we conclude that this time is going to be successful? 

Recall 2015.. there were several unsuccessful attempts to get bitcoin prices to go below $200 and to stay there, and largely bitcoin prices floated in the bottom end of the range (a lot of time between about $220 and $260) throughout 2015, but in the end, what happened... The bears had to give up on getting the BTC price to go down and to stay down.... Isn't some variation of that possible here, too?  Or do we have to expect bears to be successful, this time around?

[realr0ach]

Remember how I've mentiond Jews run the human organ trafficking industry and child sex trafficking, just like they also ran...black slave trafficking?  (slave trafficking has mostly been semite orientated through history)  It appears Zerohedge today has re-discovered these facts:

https://nationalvanguard.org/2018/08/colombia-ex-israel-forces-member-arrested-as-head-of-massive-international-child-prostitution-cartel/

He's probably not "ex-israel forces", the Israeli govt and AIPAC probably offer them up to US congress and others to try and blackmail them into being servants of the Jew in their war to try and destroy white western nations.

SPEECHLESS .. SOBs..!!!!! and that was back on August 4th.. !!!!!!!!!!!! WOW   ... Again, Speechless...

Quoting the roaches racists shit is a "ignorable" offense, FYI.

Quoting Jewish communists and Marxists is an ignorable offense FYI.  You can stop pretending like you have any power now.  Nobody cares about your "if you don't adhere to my Jewish communist and Marxist views then you are a bad person" scam.  The second you even attempt to use that stupid argument in the year 2018 you will be the one that is ridiculed.

It's also hilarious you try to defend Jewish child sex traffickers.  Anyone who has even a remote knowledge of history knows slave trafficking is mostly a semite orientated (Jewish and Arab) profession through the ages. This is why you have the typical Jewish/Arab caricature slave trader in movies like Gladiator and The Mummy, because it's based on reality.  You don't even have to look very hard to find the evidence that Jews are the ones who run this industry.  It's wide out in the open.  It's not even low level Jews, it's the god damn high level Rabbis themselves running it:

https://www.haaretz.com/israelis-exposed-in-organ-trafficking-1.5259773

The evil cult of Judaism will be expelled from every nation on earth.  Mark my words.  A monopoly on the media to spam lies all day, a monopoly on the financial system to try and enslave people with usury scams, organ trafficking, child sex trafficking; literally any type of degenerate activity or fraud is always run by this evil cult.  Why?  Because their religion fake cult doctrine claims it's perfectly okay to do anything you want to a "goyim"; steal from them, take their organs, whatever they want. They will be lucky to only be expelled from America and not all executed by govt decree.  Fair is only fair, right?

https://nationalvanguard.org/2016/03/chief-rabbi-to-non-jews-in-israel-live-as-our-servants-or-be-expelled/

https://nationalvanguard.org/2015/12/killing-non-jews-in-israel-the-new-normal/

[realr0ach]

short

Nobody is going to short your stupid casino.  Everyone fucking knows the only reason these markets exist is to act as a casino where the house (the criminal scammers who operate places like Bitfinex) trade against their own customers using money that doesn't even exist, or the customer's own funds, to try and blow up their positions to steal from them.  

This is exactly how the regulated markets work as well.  The George Carlin quote is true.  They have a club (8000-9000 or so people estimate, hugely Jewish overrepresented) that have regulatory captured the govt, media, and financial regulators and just run rigged pump and dumps and fake market movements to try and steal from the regular population.  Since the price of bitcoin is entirely controlled by a single entity operating on Bitfinex, this same club probably took over there and runs the bitcoin pump and dump casino as well.

This is why I buy physical silver.  It's the most lucrative play outside of the rigged casino.  I am not participating in paper derivative markets of rigged Jewish casinos (and yes, that's what bitcoin is).  This is also why they hate people buying metals.  They want you permanently trapped as a customer inside their rigged casino where the odds are stacked against you and in their favor.

[HairyMaclairy]

Thanks Jbear.  I must admit with all the BCH forks flying around I am losing track of which BCH is supposed to be the real BCH.  Is it the Peter R or Alex F version or someone else’s?

You seem to be unable to discern the difference between: an instance of a blockchain; and a proposal for an instance of a client.

So is the instance of the client with OP_Group enabled the real BCH client or is the real BCH client the one without OP_Group?

Download 'em, run 'em, and see which work on the blockchain.

Oh, you can't? You won't? Not my problem.

I am fairly confident each will work on their respective blockchains.  Unless you are telling us with utmost confidence that Bcash lol won’t HF in November?

No. I am saying that we know not yet which implementation will collect critical mass. Chances are, the miners will mass 99% behind the implementation they prefer, and the 1% will crawl off into obscurity, capitulation, and subsequent chain death. Unless, of course, reality slaps the lagging implementation in the face leading to a kumbaya moment.

Oh I think I understand.  We can’t know which is the real BCH until Jihan picks the winner and then whatever fork Jihan picks has the most POW and automatically becomes Satoshi’s original vision.  

That’s how decentralisation works in action, yes?

[jojo69]

...we were shouted down as FUDsters. Now a Corean is putting forth this very same truism as new knowledge, and the masses are proclaiming some new revelation.

that is pretty much how whackjob conspiracy theory miraculously becomes old news regardless of the subject

[jojo69]

Poor kid, can't believe he's going to spend all of his remaining lifetime in the prison just for trading between bitcoin/fiat for a little bit of commission.

Any American should've realised long ago that if they dab their anus with someone else's 1 dollar bill that's enough to get you 1 trillion years in prison, that's if you don't have the local police roll out their M1 Abrams, paid for by civil asset forfeiture, and empty it in your face.

[bluebits]

Does anyone have a link to the post about the original Winklevos ETF rejection and how some traders opened big positions on Mex while simultaneously pushing the Finex market? They only had to trade a relatively small amount to lock in a lot of profit from the expected volatility event.

[realr0ach]

(which includes my already assertion that it takes a whole hell-of-a-lot of posting of bullshit nonsense in order to get banned from this forum, which Anunymint/shelby has accomplished on numerous occasions, which also substantiates the likelihood that his ideas don't really deserve any special treatment because even he was not able to present them without unnecessary and irrelevant provocations. 

JayJuanGoyim, you will agree with Anonymint whether you like it or not:

[ivomm]

Are we at the reversal point yet? The funny thing is everybody is talking about bear patterns, but the falling wedge is generally considered as a bullish sign:
"The falling wedge pattern is characterized by a chart pattern which forms when the market makes lower lows and lower highs with a contracting range. When this pattern is found in a downward trend, it is considered a reversal pattern, as the contraction of the range indicates the downtrend is losing steam... In a falling wedge, both boundary lines slant down from left to right. The upper descends at a steeper angle than the lower line. Volume keeps on diminishing and trading activity slows down due to narrowing prices. There comes the breaking point, and trading activity after the breakout differs."
 
https://en.wikipedia.org/wiki/Wedge_pattern
https://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:falling_wedge_reversal

[realr0ach]

@MarkFriedenbach https://twitter.com/MarkFriedenbach/status/1030211193544134658
I will be giving a talk at #ScalingBitcoin on how a block size increase up to 3600x the present size and a change of proof-of-work can be achieved with a fully backwards compatible soft-fork—old clients see all transactions and valid SHA256 block headers.

It's a bullshit argument.  If it changes the security model at all, even slightly, it's a change in fungibility, and thus a hard fork because fungibility was altered.  They only attempt to use this poor argument because bitcoin isn't even fungible (and thus impossible to be money) in the first place.  So the Luke Jr "soft fork" hack is really a hard fork.  You'll notice Jbreher stole this argument of mine and used it to try and promote Bcash lol.

It's getting old watching these people in cryptocurrency trying to raise and lower levers up and down to do arbitrary changes at will exactly like Keynesian central bankers while pretending these things are "decentralized".
They're completely centralized on both the development front and mining front.  This stuff is all a complete joke decentralization-wise compared to physical metals.