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

[bones261]

We should hope that BCH has a long life. The big blockers need their own chain that they can squabble about block size and other things. Let them have their hash wars on their own chain(s).

[El duderino_]

Maybe should ask our residential Bcash promoter, jbreher?   Wasn't jbreher keeping 50/50, or something like that? 

Ask me what?

I own many more units of BCH than I do of BTC.

I still see BCH as having a bright future.

very bright sell some BTC and buy the BCH dip

[RivAngE]

Found an interesting article here: https://techcrunch.com/2018/09/13/its-the-end-of-crypto-as-we-know-it-and-i-feel-fine/

Crypto is falling because the people in it for the short term are leaving. Long term players – the Amazons of the space – have yet to be identified. Ultimately we are going to face a compression in the ICO and, for a while, it’s going to be a lot harder to build an ICO. But give it a few years – once the various financial authorities get around to reading the Satoshi white paper – and you’ll see a sea change. Coverage will change. Services will change. And the way you raise money will change.

I feel the same for most of the author's points. We who are here for the long term shouldn't care for the prices. I've bought some coins and I was planning to cash on some of them on 2019 to buy an ultra wide QHD+ Gsync HDR monitor using BTC instead of dropping 2000$. Bought some XRP as a saving account, planning to save them "forever" in my hardware wallet in case I ever need money for a special need. Bought some ARK which is a delegated proof of stake coin in order to build a slow passive income for the future.

So what if the prices spiked on 2017 and then fell on 2018? If I had 1BTC on 2017, I still have 1BTC on 2018. I'm hoping for a broader integration of cryptocoin payments from shops so as to not have to turn my coins into fiat and instead use them for purchases... so 1BTC will always be 1BTC for me!

[CanErik]

Hi;

This market is really pitiful. Even the unconfirmed Morgan Stanley's whisper that will open BTC swap transactions will cause the market to accelerate upwards. Than what? If someone says the opposite? Welcome to 6K below.

Kind regards

[Wekkel]

You’re just describing the workings of a market. And the market - at least my screen - tells us that going below $6k is not really happening. The current short and mid term wave is pointing upwards again. Even although I feel lik we need a good spike down below $6,000 to move on.

My opinions don’t matter
The market is always right

The trend is your friend.

So I bend.

[El duderino_]

You’re just describing the workings of a market. And the market - at least my screen - tells us that going below $6k is not really happening. The current short and mid term wave is pointing upwards again. Even although I feel lik we need a good spike down below $6,000 to move on.

My opinions don’t matter
The market is always right

The trend is your friend.

So I bend.

ok then??



that would be something not

[El duderino_]

AND STILL HAVING FUN

[El duderino_]

The sad status of our society

[El duderino_]

just wow what idiots to see it so small minded .... let them fear and miss the NEXT 1000% or so 

[dutchlincoln]

just wow what idiots to see it so small minded .... let them fear and miss the NEXT 1000% or so 

Let them be...
We need them to invest when btc spikes, and they think they can still jump the boat...

[kirreev070]

[TopTort777]

The sad status of our society

I have a slighty different interpretation of "status of society" 

[xhomerx10]

The sad status of our society

I have a slighty different interpretation of "status of society" 

  All these repeating images remind me of the time I had already come to the end of the internet and then my parents began using the internet.  They would forward me these "funny" e-mails that I had already seen innumerable times.  It was very annoying then too. At least these newbies aren't phoning to tell me to check my e-mail.

[Yaplatu]

just wow what idiots to see it so small minded .... let them fear and miss the NEXT 1000% or so  

I look forward to the next financial crisis 

[El duderino_]

The sad status of our society

I have a slighty different interpretation of "status of society" 

  All these repeating images remind me of the time I had already come to the end of the internet and then my parents began using the internet.  They would forward me these "funny" e-mails that I had already seen innumerable times.  It was very annoying then too. At least these newbies aren't phoning to tell me to check my e-mail.

Haha last days Many old things coming back Yes
I have to say on days from friday till sunday noon you can expect everything from me
As i am thinking iT is friday and i didn’t ask for a weekend pump yet , are we getting one ? 

[d_eddie]

Still sideways. At a slightly higher level, and possibly with slightly wider swings, but still sideways.
As if it's not the weekend already. Sideways weekend? I don't buy it.
I'm kind of hoping for a swing - either up or down. It doesn't matter much since it will be reversed by Tuesday.
A bit more wait and see.

@Hairy - I didn't have the guts to gamble even 10% of my play money by shorting Eth, even if I value your hunches. When I get a fit and try to day trade, I'm always late, so it's a "control the losses" kind of game. Not entertaining at all for me.

[d_eddie]

I find it appropriate that the comparison is between Ethereum, a scammy shitcoin, and overpriced low-quality Apple garbage.

Fitting. 

Ha!
+1 WOsMerit
(as if you need any).

[ivomm]

I didn't have the guts to gamble even 10% of my play money by shorting Eth, even if I value your hunches. When I get a fit and try to day trade, I'm always late, so it's a "control the losses" kind of game. Not entertaining at all for me.

Hahaha, this is so me!  +1 merit 

[Hueristic]

Still sideways. At a slightly higher level, and possibly with slightly wider swings, but still sideways.
As if it's not the weekend already. Sideways weekend? I don't buy it.
I'm kind of hoping for a swing - either up or down. It doesn't matter much since it will be reversed by Tuesday.
A bit more wait and see.

@Hairy - I didn't have the guts to gamble even 10% of my play money by shorting Eth, even if I value your hunches. When I get a fit and try to day trade, I'm always late, so it's a "control the losses" kind of game. Not entertaining at all for me.

Good thing, it went up the last few days. Lots of whales in that pond, I barley got out with my skin last time I tried that. Lol took 4 months and I had to keep everything locked up during the BCH split so I got no free coins. Lesson learned.

[STT]

I look forward to the next financial crisis  

The whole point of the FED policy is to avoid a crisis.   Instead they are spreading losses over decades, which is seen as a positive compared to the alternative of a crash type adjustment.       So theres two extremes which is fixed pricing via central government which does after all have trillions at its disposal, the alternate is not just a crash but a collapse of that control by the FED over monetary supply.  Its very hard to predict a total revolution


re: the triangle pics, this old concept of the deleveraging process came from the FED itself.   However the people who believed this theory are long gone I guess




https://web.archive.org/web/20121015050632/http://www.dailynews.lk/2007/03/01/fin08.asp