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

[crypmike]

Tezos Mainnet Is Live

On June 30, the Tezos Foundation proposed a genesis block that became the seed of the Tezos network. For a time following the proposal, there was an expectation that, while fully operational, the network had a higher likelihood of experiencing unscheduled downtime along with maintenance and adjustments, and so we regarded the network as a […]

https://tezos.foundation/news/tezos-mainnet-is-live

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Confirmed #Tezos on @bitfinex... finally an exchange. Expecting more to come in the coming weeks.

https://twitter.com/PhilCrypto77/status/1041681540286226433

[Torque]

OT : Linus Torvalds, a stunning admission of his own flawed behavior when dealing with colleagues.

https://www.cnbc.com/2018/09/17/linux-creator-linus-torvalds-takes-time-off-apologizes-for-behavior.html

I admire the guy for the recognition and self-reflection, and the apologies. Took him a while though.

[HI-TEC99]

It’s still nothing and could be part of building base for a jump upwards (see MACD cross on the Daily).

Last week we were in the $6100s. This week we dipped down to the $6300s. Zooming out shows it's going upwards.

[mindrust]

I just pulled the trigger and bought another $1000 from $6500.  

It was a risky decision if you think for short term but since I am here till 2021 It doesn't matter much...

edit: already -3% 

[LFC_Bitcoin]

I just pulled the trigger and bought another $1000 from $6500.  

It was a risky decision if you think for short term but since I am here till 2021 It doesn't matter much...

Yeah don’t worry about short term movements of a couple of hundred USD. Barely worth raising an eyebrow over.

1 BTC = $50,000+ in 2021 so whatever.

[HI-TEC99]

I just pulled the trigger and bought another $1000 from $6500. 

It was a risky decision if you think for short term but since I am here till 2021 It doesn't matter much...

In the long run it doesn't matter much. People were trying to buy the bottom in 2015, but it didn't make much difference if you bought in at $150, or $200, or $250. By 2021 the price could be hundreds of thousands of dollars, and $6500 coins will be a distant memory.

[vroom]

at least the volume is back, people are buying again 

[mike4001_]

CAUTION! Volatile days ahead:

Correct

We just dropped to USD 6200 in about 45 minutes.

[jojo69]

Hey rosewater, swing by later and we can split a PBR

[HI-TEC99]

CAUTION! Volatile days ahead:

Correct

We just dropped to USD 6200 in about 45 minutes.

Bearstamp's weekly low was $6162. We're still higher than the weekly low.

[LFC_Bitcoin]

CAUTION! Volatile days ahead:

Yeah that doesn’t read good I’m afraid. If I was a day trader I’d go short right now.

[Millionero]

Looks like a foot.

Bullish.

So you're telling me that the bullish trend is afoot... ?

Afoot the bullish trend is

[serveria.com]

It's like climbing mount Everest for weeks and then going down in a high speed elevator in minutes! Anyway, the best thing you can do is HODL!  

[infofront]

Nice to see Monero back in the top ten. Could have been there for awhile mind you and I haven’t noticed.

Are you invested in monero?

[El duderino_]

markets will be volatile....... let it be UP ,i just love those days its like everything goes good when there is traffic everybody moves, red lights turn green everytime you appear, no waiting lines @ any shops etc
when the prices are going deep and deeper the day goes bad and more bad with everything   
so let it be up UP UP cause winter is coming and we can use some enjoy moments #be quick BTFD

[Wekkel]

All of this is still just noise. Wake me up if price goes below $6,000.

[edit: right number  ]

[doc12]

CAUTION! Volatile days ahead:

Yeah that doesn’t read good I’m afraid. If I was a day trader I’d go short right now.

Imo FUD lost its power.

[El duderino_]

All of this is still just noise. Wake me up if price goes below $6,00.

[LFC_Bitcoin]

All of this is still just noise. Wake me up if price goes below $6,00.

Fuck!
I’ll hang myself if it goes below 6 dollars

[Hueristic]

...<——————— should give you an indication as to whether you should trade based on my charting

I like that in a person.

She got a sister?

Now that just cracked me up! Love that Show.

Or just a bear trap. This is a classical falling wedge pattern btw. 
https://en.wikipedia.org/wiki/Wedge_pattern
"When this pattern is found in an uptrend, it is considered a bullish pattern, as the market range becomes narrower into the correction, indicating that the downward trend is losing strength and the resumption of the uptrend is in the making. "
Since the creation of Bitcoin we are in an uptrend, so its resumption is in the making.
I expect a strong breakout soon. Moreover, any moment CFTC will approve ICE futures (the so called bakkt) which is with an actual buying of bitcoins. So we may see above 10K sooner than expected!

Hopefully.

Looks like a foot.

Bullish.

A foot? Show it to your GF and see what she sees.

Nice to see Monero back in the top ten. Could have been there for awhile mind you and I haven’t noticed.

[img widfth=200]https://preview.ibb.co/h8o0We/4_E44_D02_C_C0_A8_452_E_A075_320_FE3_C4_E06_B.jpg[/img]
molar mass of aluminum

Needs to second. Most of those need to just fucking DIE already.

OT : Hey guys, isn't it great that Ripple has a "product" launching soon?

https://www.cnbc.com/2018/09/17/ripple-hints-cryptocurrency-product-xrapid-will-go-live-soon.html

I mean, isn't that what we all want for our cryptocurrency? To be commercialized and commoditized for a centralized company's profit? /s 

And of course there's this, lol:

Ripple, founded in 2012, owns about 60 billion of the 100 billion XRP tokens in circulation

Fucking scam, what did they pay $450k in fines IIRC? scumbags.

Hey rosewater, swing by later and we can split a PBR

And eat PB&J's without the "J"'s.