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

[infofront]

Masterluc = Long

?
Go to moonn ??

I'd expect it to at least bounce around in the triangle a little more, but bull season should be upon us soon.

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[dutchlincoln]

I'd expect it to at least bounce around in the triangle a little more, but bull season should be upon us soon.

I hear this for over 8 months now, so its a bit hard to believe...

It would be better if we save the air wasted to it, because if even 10% of what i read on this forum is true, we need it when we are in the stratosphere...

[gentlemand]

Masterluc = Long

?
Go to moonn ??

Maybe we've done the beary bit. What usually follows is endless sideways until we've all gotten second hobbies as cheerleaders. Only then will it go bully.

[El duderino_]

Masterluc = Long

?
Go to moonn ??

Maybe we've done the beary bit. What usually follows is endless sideways until we've all gotten second hobbies as cheerleaders. Only then will it go bully.

Maybe yes .... only i Will choose my second hobbie a bit beter than cheerleading 

[goldkingcoiner]

I don't like this. People are too optimistic. Whales can smell optimism.

[JayJuanGee]

via Imgflip Meme Generator

Seems like I have been saying this for a quite a long while - but probably Jimmy said it better... hahahahahhaa   

[bitmover]

via Imgflip Meme Generator

Seems like I have been saying this for a quite a long while - but probably Jimmy said it better... hahahahahhaa   

This is so true

All cryptocurrencies have a strong correlation between them. If BTC falls, all of them fall. The volatility is a bit different between them, but the up and down movements are almost all the same.

For now, I have only made money with bitcoin, and had 3 lucks in ICO. Of my lucky ICO, i sold just one of them, the others reach 1000% and now they are in 90% loss...

Even with Ethereum I am losing money now with this DIP...

From now on, only bitcoin for me. I am looking for an exit point for my shitcoins

[JayJuanGee]

^
Getting curious where we go..... 

@LFC ... laid back / HODL / and FIFA 19 by now .... ??

I don’t play on consoles bro. I used to a lot but kind of fell out of love with it. But of course HODL man, I’m in bed at the moment, got flu & feeling quite shit.

Hopefully Liverpool beat Chelsea tomorrow & a nice pump above $7,000 to make a nice weekend.

Hope you’re doing good HODL brother

Doing very good.... small game/chill night BUT Looking forward tomorrow for the game.... mixed feeling , one of my favorite teams against my NR 1 favorite player    

Stick your Hazard up your ass

UNmeritable 

Are you guys in a live break up?


Breaking up is hard to do:

[Bitcoinaire]

Masterluc = Long

?
Go to moonn ??

Maybe we've done the beary bit. What usually follows is endless sideways until we've all gotten second hobbies as cheerleaders. Only then will it go bully.

It looks like we've transitioned(ing)from the bear to endless sideways action. Get the pom poms ready.

[jojo69]

I'd expect it to at least bounce around in the triangle a little more, but bull season should be upon us soon.

I hear this for over 8 months now, so its a bit hard to believe...

It would be better if we save the air wasted to it, because if even 10% of what i read on this forum is true, we need it when we are in the stratosphere...

and where, exactly, do you think we are??

[JayJuanGee]

Segwit and nonsegwit are all "on the blockchain."  I don't know how anyone who has been in bitcoin for a while would conclude that segwit is NOT on the blockchain?  I do believe that segwit has allowed the transactions per second to jump up dramatically and if you hit refresh on that page you will see the transactions per second jumping around between 10tsp and over 300tsp...   It seems that before segwit, there were proclamations that the bitcoin blockchain could only process a maximum of 7tps.

Yeah... about that....

Segwit or no segwit, BTC is utterly incapable of averaging 300 tps. By a couple orders of magnitude. Block weight will not allow it.

o.k.  I will consider such numbers coming out of that website (https://www.blockchain.com/btc/unconfirmed-transactions) as being a kind of short term inaccuracy.  I suppose that there is a kind of measurement that counts the transactions coming in, but those are merely pending transactions, so when the blocks are confirmed then that confirmation would cause a more reliable rate that they are actually confirmed rather than the rate that they are submitted for confirmation (and pending), and so if blocks are not keeping up, then the mempool grows, and perhaps that should be averaged out over a longer period of time, rather than what is shown on that site and there are probably better sites to verify the quantity of transactions that are actually being confirmed.

[JayJuanGee]

I'd expect it to at least bounce around in the triangle a little more, but bull season should be upon us soon.

I hear this for over 8 months now, so its a bit hard to believe...

It would be better if we save the air wasted to it, because if even 10% of what i read on this forum is true, we need it when we are in the stratosphere...

That's why you need to formulate your own opinions based on the totality of the evidence rather than giving too much weight to short term sentiments of forum members over a period of time, that you are likely selectively misrepresenting anyhow in order to make your own whinny and lack of personal responsibility and difficult to decipher baloney points.   

[HairyMaclairy]

Downward trendline seems to be losing its relevance.  $6850 now the number to beat in short term.  More pain if we break under $6500.

[jojo69]

from whence are you deriving that horizontal line Hairy?

18 June??

[HairyMaclairy]

[JayJuanGee]

via Imgflip Meme Generator

Seems like I have been saying this for a quite a long while - but probably Jimmy said it better... hahahahahhaa   

This is so true

All cryptocurrencies have a strong correlation between them. If BTC falls, all of them fall. The volatility is a bit different between them, but the up and down movements are almost all the same.

Even though with recent price performance, you would likely be correct to identify correlation between cryptos, I would not misidentify that correlation to strength of any of the other cryptos, except that they are largely riding on the security strength and the sound money strength of bitcoin, and even if it might appear that one or another of the shitcoins is engaging in innovation or price leading, that is likely a mirage - because bitcoin continues to be the strength amongst the whole crypto space, even if some of the other (shit) coins could cause you to become way more rich than if you merely played bitcoin by itself.

For now, I have only made money with bitcoin, and had 3 lucks in ICO. Of my lucky ICO, i sold just one of them, the others reach 1000% and now they are in 90% loss...

Perhaps if you are able to time them better then you could come out better, but I understand that timing is more easily said than done, and might require either decent luck or some kind of insider information track.

Even with Ethereum I am losing money now with this DIP...

From now on, only bitcoin for me. I am looking for an exit point for my shitcoins

Your transitioning over to bitcoin might happen to a lot of other folks who come into the space because of shit coin distractions; however, it can take a while to really establish your bitcoin bonafides including going through some bitcoin UPs and DOWNs, and refusing and rejecting various altcoin and ICO temptations.  Personally, I don't find any problem with guys (and gal) who might choose to invest a very small portion of their crypto value into alt coins and ICOs, and perhaps as a kind of fun, but really I don't see any reason to use more than 10% of your crypto value, and personally, mine is still less than 2% and seemingly closer to 1% based on recent continued fall of value of alts as compared with bitcoin.  I mostly ignore them, but if one or another pumps, then I might cash some out, but I don't even care if each of them or all of them go to zero.

[HairyMaclairy]

from whence are you deriving that horizontal line Hairy?

18 June??

Its more of a zone that has acted as both support and resistance.  $6,850 should put us just past the zone with a clear run to $7k.  No promises as to what happens when we hit $7k.  I would like to think we would free run to $7,300 but suspect it will not be that easy.  

[JayJuanGee]

I think that we should boticize you hairbeary.  Perhaps rename as you chartbotcized, a variation of chartbuddy. 

[HairyMaclairy]

I think that we should boticize you hairbeary.  Perhaps rename as you chartbotcized, a variation of chartbuddy. 

I'll take that as a compliment.   

[Resumean]

Swiss brand Hublot ($10K+ entry-models) announced it's Bitcoin Big Bang Model which you can buy only with Bitcoin. Not a huge news, but another name placed on their timepieces is Ferrari, for example.

This new watch is a 210-piece limited edition watch that can only be purchased with bitcoin, and a watch that can be bought directly from the watchmaker with bitcoins.

Blockchain is a revolution in the financial system and the future of e-commerce, and it has been broadly used as a digitised and decentralised public ledger of all digital currency transactions since its creation. By allowing digital information to be distributed, Blockchain technology creates the backbone of a new type of Internet. Well-recognised for its originality, the technology is regarded as one of the most powerful and fastest-growing trading tools, not to mention unlimited possibility of usage in different aspects that will revolutionise various industry norms and trade.



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https://www.hublot.com/ru/news/get-ready-for-hublot-s-big-bang-launch-in-the-field-of-blockchain-technology