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

[infofront]

Here's a recent interview with an interesting character: https://breakermag.com/john-mcafee-is-73-very-stoned-and-running-for-president/

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[Bitcoinaire]

DOOM

LT view: BTC over the past 6mo is like a domino cascade in slow motion: The upward bullish swings are getting flatter. The downward bearish swings are getting steeper. Buyers’ energy is exhausted. Bears are in control/ High probability we test the yearly lows in Oct, and fall.




https://twitter.com/MustStopMurad/status/1046052833479585792

[xhomerx10]

Here's a recent interview with a interesting character: https://breakermag.com/john-mcafee-is-73-very-stoned-and-running-for-president/

 Stoned people are always entertaining.

[HairyMaclairy]

High probability we test the yearly lows in Oct, and fall.

October is traditionally a rally month. 

[JayJuanGee]

DOOM

LT view: BTC over the past 6mo is like a domino cascade in slow motion: The upward bullish swings are getting flatter. The downward bearish swings are getting steeper. Buyers’ energy is exhausted. Bears are in control/ High probability we test the yearly lows in Oct, and fall.



https://twitter.com/MustStopMurad/status/1046052833479585792

Your description of comes off as a bit wishful rather than based on reality.  I see about 8 months (starting from early February) of lows that are more or less in the $5,774 to $6,200 range, and surely some of the BTC price spikes up are not getting higher, but instead seem to be trending downwards during the past 9 months, but I doubt that those facts on their own reasonably create evidence to support your conclusion that "bears are in control."  

What seems to be in control is a kind of ongoing BTC price consolidation period, and attempt to figure out whether there is going to be more resistance for the BTC price to go down to attempt to break support or to go up.. and whether BTC price support will go up with the price, if the BTC price begins to make any meaningful break into the upwards direction. 

TLDR:  Far from settled about what is going to happen during what seems to be about an 8 month long ongoing BTC price consolidation period, but NO real meaningful evidence to support a seemingly wishful conclusion, such as yours, that "bears are in control."

[HairyMaclairy]

This is my best match against a 2014 scenario.



https://www.tradingview.com/i/YSYQZwmF/

[d_eddie]

Here's a recent interview with a interesting character: https://breakermag.com/john-mcafee-is-73-very-stoned-and-running-for-president/

I'd love to see him debate the Donald, or the FBI. I really hope he runs for president. Of course he doesn't stand a chance - and he's smart enough to say it aloud and repeatedly, but can you imagine the fun?

[drays]

You just reminded me of terabear. What happened to him/her and all of our beartrolls?

Terabera was a she, but in the latest months of her activity, she was trying to act as if she was a he, for some strange reason.  Some peeps here had suggested that her account got bought out, but I don't buy that theory because it seems that her personality and posting style was otherwise the same, except that she began to act as if she were a he instead of a she.

Regarding her disappearance I have two speculations, and I will list them in order of which one I believe to be more compelling.

1) Terabera had a very similar disappearance during the 2015 bear market, and perhaps in that sense, her pay period was done, if you believe that she was a kind of paid shill, or she concluded that she could not be as profitable as a trader when the market devolved into a certain low level of volatility, if you actually believe that she was a trader.

2) in the latest months of her activity, she disclosed that she was experiencing health issues, something like lime disease, so perhaps her health is continuing to suffer and participating in the forum exacerbates her condition.  I don't really believe this second possible explanation is very convincing because any kind of sickness would allow for more internet participation because it would force sedateness, but if a person is forced to earn an income too, then a sickness might cause a person to have to focus more on money earning activities and to remove forum participation based on its distractive nature.

Tera admittedly had an INTJ personality, which means she would express neither definite female, nor definite male behavior. Well, closer to male, regardless of actual sex. INTJs are analysts with contrarian approach to everything.

I didn't read all of her older posts, but what I have seen during last half-a-hear, was not subjectively bullish or bearish - just an objective analysis based on reality, without any bias.

I really miss her here, as she was one of the most interesting posters (to me at least), with fresh and independent approach to things. Without a contrarian its too easy for a group/thread to be deluded.
If she reads this (which I strongly doubt) I would ask to come back (if that doesn't make her health issues worse, of course).

[HairyMaclairy]

Musk to remain as CEO, steps down as Chairman

https://www.nytimes.com/2018/09/29/business/tesla-musk-sec-settlement.html

[d_eddie]

Tera admittedly had an INTJ personality, which means she would have neither definite female, nor definite male behavior. Well, closer to male, regardless of actual sex. INTJs are analysts with contrarian approach to everything.

I didn't read all of her older posts, but what I have seen during last half-a-hear, was not really bullish or bearish - just an objective analysis based on reality, without any bias.

I really miss her here, as she was one of the most interesting posters (to me at least), with fresh and independent approach to things. Without a contrarian its too easy for a group/thread to be deluded.
If she reads this (which I strongly doubt) I would ask to come back (if that doesn't make her health issues worse, of course).

+1

[Hueristic]

Leah Wald and Thor (left)

OMg I'm in love!

 I feel you!  I love Rhodesian ridgebacks too!!

Gorgeous Breed and he's go impeccable taste in owners!

How did I know I was going to get this reply.  +1 WO for u

Here's a recent interview with a interesting character: https://breakermag.com/john-mcafee-is-73-very-stoned-and-running-for-president/

He's a fucking lunatic, I like that in a person.

But I wouldn't want him in the white house. But I would vote for him over Trump.

Stoned people are always entertaining.

It doesn't matter if he's stoned or not, he is just like that from everything I have seen and I was in the industry almost as long and have followed his reality show since it started in the early 90's.

I'd love to see him debate the Donald, or the FBI. I really hope he runs for president. Of course he doesn't stand a chance - and he's smart enough to say it aloud and repeatedly, but can you imagine the fun?

The entertainment value would be EPIC. And he would murder trump.

[jbreher]

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.

People testing the lightning network are seeing 400TPS easily between two nodes.  

Segwit let that happen.

Note the "on the blockchain" in the quote that advances the mistaken notion -- which I corrected -- that ...

Oh fuck it. If you're determined to be a loon, go ahead. Knock yourself out.

[jbreher]

From now on, only bitcoin for me.

Your transitioning over to bitcoin ...

Username almost checks out. I suggest perhaps 'bitmoverovertoer'

[sirazimuth]

[jbreher]

I don't recall seeing anyone post or discuss this 1broker.com seizure issue that happened about two days ago.

https://bitcoinist.com/1broker-com-domain-seized-by-the-fbi/

I don't recall such discussion either.

Then again, I don't get the relevance of J. Rando biz getting raided upon Bitcoin WO or price discussion.

[jbreher]

Without the whole passport thing I would've snatched one up as another Bitcorn memento.

username checks out

(I seem to be getting repetitive)

I don't like how everyone and their moms want full KYC these days despite of increasing amounts of data breeches. And so far nobody seems to be trying to solve that part of the problem either.

Well, there _is_ the Bitcoin solution. I mean, at least for those who will embrace it.

[jbreher]

Psst. We're rat poison. Pass it on.

squared.

[jbreher]

Anyway, maybe I'll go batshit crazy and convert all my BTC into BCH to trigger the next bullrun.

Careful -- they'll be out for blood.

Actually, the last few days suggest that now might be a pretty good time to make such a move.

[jbreher]

Here's a recent interview with a interesting character: https://breakermag.com/john-mcafee-is-73-very-stoned-and-running-for-president/

 Stoned people are always entertaining.

Not generally in my experience.

McAffee? Sure. Cecily Strong playing 'the girl at the party you should not have started a conversation with'? Yup (Hell, even Bobby Moynihan playing 'Drunk Uncle').

But random people at the party, in the bar, on the street? Interminable dullardry. And repetition thereof.

[JayJuanGee]

You just reminded me of terabear. What happened to him/her and all of our beartrolls?

Terabera was a she, but in the latest months of her activity, she was trying to act as if she was a he, for some strange reason.  Some peeps here had suggested that her account got bought out, but I don't buy that theory because it seems that her personality and posting style was otherwise the same, except that she began to act as if she were a he instead of a she.

Regarding her disappearance I have two speculations, and I will list them in order of which one I believe to be more compelling.

1) Terabera had a very similar disappearance during the 2015 bear market, and perhaps in that sense, her pay period was done, if you believe that she was a kind of paid shill, or she concluded that she could not be as profitable as a trader when the market devolved into a certain low level of volatility, if you actually believe that she was a trader.

2) in the latest months of her activity, she disclosed that she was experiencing health issues, something like lime disease, so perhaps her health is continuing to suffer and participating in the forum exacerbates her condition.  I don't really believe this second possible explanation is very convincing because any kind of sickness would allow for more internet participation because it would force sedateness, but if a person is forced to earn an income too, then a sickness might cause a person to have to focus more on money earning activities and to remove forum participation based on its distractive nature.

Tera admittedly had an INTJ personality, which means she would express neither definite female, nor definite male behavior. Well, closer to male, regardless of actual sex. INTJs are analysts with contrarian approach to everything.

I didn't read all of her older posts, but what I have seen during last half-a-hear, was not subjectively bullish or bearish - just an objective analysis based on reality, without any bias.

I really miss her here, as she was one of the most interesting posters (to me at least), with fresh and independent approach to things. Without a contrarian its too easy for a group/thread to be deluded.
If she reads this (which I strongly doubt) I would ask to come back (if that doesn't make her health issues worse, of course).

Does that mean that she was being contrary for the mere sake of being  contrary?  That is both annoying and troll-like behavior, no?    I understand that some people might find that interesting, but it seems that if you find it interesting, you are merely wanting to get entertained by the stirring of shit, rather than attempting to engage in meaningful battles of information and conclusions based on facts and logic rather than just picking out some random and inimportant contrarian point?

Anyhow, she seemed more like a troll and a shit stirrer rather than someone who might be well-intentioned and attempting to make meaningful contributions to dialectical discourse... as you seem to suggest her intentions to be good or at least the ends justify the means, perhaps?