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

[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.

[gembitz]

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?

invested lmfao! ~ who invests in any of these? :-D bitmonero you mean? lulz

[Raja_MBZ]

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?

invested lmfao! ~ who invests in any of these? :-D bitmonero you mean? lulz

Money launderers will always prefer Monero to bitcoin/ethereum/coins with public blockchain. Monero isn't dying.

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.

IMO, right after the close of CBOE futures = the jump of $500.

[StartupAnalyst]

[Hueristic]

IMO, right after the close of CBOE futures = the jump of $500.

I think CBOE is a self fulfilling system.

Hah, thats great!

[kurious]

Welp at the current price of $6495 we are down $18 since that previous chart.  So yeah.  
I am sort of using WO to keep myself honest with my price predictions and see how I track.  I would welcome contrary views.  I miss Tera he taught me a lot.

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

Chucked you a supportive merit, I miss her (for I am pretty sure Tera was a she) too.  I also learned a few things from Tera's posts.

She was pretty good in 2013 / 2014 (and was hated) and was right to be bearish this time (and was hated again).  But she wasn't totally wrong, just coldly realistic - and IMHO much misunderstood.  The odd, sophisticated contrarian is actually a good thing at times. Opposing views, even if they are predicting 'pain to come' are wise to at least factor in, rather than simply shout down. Otherwise this thread is risking just being an echo chamber.

I reckon BTC will inevitably exceed the last ATH by a lot in the end - but surely long term hodlers (of all people) have learned that there is never gain without pain.  It is just how it is - but it is also how the gain is truly earned.  If it was easy, every fucker would be rich.

So, Hairy - work on the charts and if you start to get it right, I for one will be grateful. OK, not for the pain, if that is what is due - but for an idea it might be coming? Sure.

[Hueristic]

Welp at the current price of $6495 we are down $18 since that previous chart.  So yeah.  
I am sort of using WO to keep myself honest with my price predictions and see how I track.  I would welcome contrary views.  I miss Tera he taught me a lot.

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

Chucked you a supportive merit, I miss her (for I am pretty sure Tera was a she) too.  I also learned a few things from Tera's posts.

She was pretty good in 2013 / 2014 (and was hated) and was right to be bearish this time (and was hated again).  But she wasn't totally wrong, just coldly realistic - and IMHO much misunderstood.  The odd, sophisticated contrarian is actually a good thing at times. Opposing views, even if they are predicting 'pain to come' are wise to at least factor in, rather than simply shout down. Otherwise this thread is risking just being an echo chamber.

I reckon BTC will inevitably exceed the last ATH by a lot in the end - but surely long term hodlers (of all people) have learned that there is never gain without pain.  It is just how it is - but it is also how the gain is truly earned.  If it was easy, every fucker would be rich.

So, Hairy - work on the charts and if you start to get it right, I for one will be grateful. OK, not for the pain, if that is what is due - but for an idea it might be coming? Sure.

2True, Nothing worse than a circle jerk.

[El duderino_]

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

Wtf i think there Will be Many hangings if that happens.......

[Hueristic]

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

Wtf i think there Will be Many hangings if that happens.......

Right now it would actually be amusing as all the hangings would be on Wall Street!

Everyone here would just buy M0ar!

[kirreev070]

[d_eddie]

Chucked you a supportive merit, I miss her (for I am pretty sure Tera was a she) too.  I also learned a few things from Tera's posts.

She was pretty good in 2013 / 2014 (and was hated) and was right to be bearish this time (and was hated again).  But she wasn't totally wrong, just coldly realistic - and IMHO much misunderstood.  The odd, sophisticated contrarian is actually a good thing at times. Opposing views, even if they are predicting 'pain to come' are wise to at least factor in, rather than simply shout down. Otherwise this thread is risking just being an echo chamber.

I agree Tera had a useful role. Not a shill or a one-way FUDder; not always right (who is?), not always wrong (even SOMA predictions are almost always wrong), but informed and intelligent. I also gave her a bit of bashing now and then, but keeping a hateless, rational, arguing attitude. Tera sounded more like a "she" back then in 2013-2014, quite less in recent times. It almost felt like the account had changed hands.

I reckon BTC will inevitably exceed the last ATH by a lot in the end - but surely long term hodlers (of all people) have learned that there is never gain without pain.  It is just how it is - but it is also how the gain is truly earned.  If it was easy, every fucker would be rich.

Amen.

So, Hairy - work on the charts and if you start to get it right, I for one will be grateful. OK, not for the pain, if that is what is due - but for an idea it might be coming? Sure.

Keep up the good work, Hairy!

[HI-TEC99]

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

Wtf i think there Will be Many hangings if that happens.......

Right now it would actually be amusing as all the hangings would be on Wall Street!

Everyone here would just buy M0ar!

Something similar already happened in 2011 when gox got hacked, and Bitcoin crashed to one cent each. The price went back up afterwards and 2011 hodlers are now rich. If it goes below $6 I'll be simultaneously buying and crying.

[JimboToronto]

A very late good morning Bitcoinland.

I see we had another little dip back to where we were 5 days ago... currently $6299USD/$8199CAD (Bitcoinaverage).

Bouncy bouncy. Not deep enough for me to buy. Paid this price last week.

Yawn.

[Deeyoh]

Leveraged shorts almost back to the ATH.   Only a moron would be selling right now to help fill them.   I feel a squeeze coming.   

[El duderino_]

Leveraged shorts almost back to the ATH.   Only a moron would be selling right now to help fill them.   I feel a squeeze coming.   

Man..... This is the place of NON Sellers and occasionally a few bears that try to shake up .... BUT Thats impossible in here  

[jbreher]

If we break out to $10k+ very soon, we're probably not going to hold that price point for long. It would most likely lead to lower lows (sub $5k).

...because?...

[Wekkel]

Price action has all the hall marks of a reversed BART forming.

[Ibian]

Just to be clear, are we using reversed barts and the like unironically here?

[becoin]

Who sold at the bottom?