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

[JayJuanGee]

It’s not a capitulation until everyone despises everyone else

Working on it, you fuck!!!

[1713529112]

1713529112

[1713529112]

1713529112

[HairyMaclairy]

It’s not a capitulation until everyone despises everyone else

Working on it, you fuck!!!

Fuck your mother if you want fuck

[JayJuanGee]

It’s not a capitulation until everyone despises everyone else

Working on it, you fuck!!!

Fuck your mother if you want fuck

Bringing it back to crypto... hahahahaha

(at least Bitmain, if that counts?)

[vapourminer]

It’s not a capitulation until everyone despises everyone else

can i just despise myself and call it even? been a long day

[JayJuanGee]

For what it is worth, here is the current chart I use for trading.

Thanks.

IMHO the action becomes weaker and weaker, clearly visible on the 4hr chart, and with momentum to the downside increasing. Not necessarily a shit show yet but the bulls seem to momentarily loose the bigger momentum.

If the leg up from $6,424 does not surpass previous short term high (about $6,550), there is more pain to come.

Your conclusion:   Bulls are losing the BTC price battle because price has been failing to rise.   OMG.



Do you recall 2015?  Largely, BTC price failed to rise for more than 9 months, but that phenomenon did not mean that bulls were losing that BTC price battle, but instead that the bottom was in and bears could not push the price any lower, which ONLY left UPPITY as the direction of least resistance.  And we saw the evidence in retrospect, correct?  And we did not really realize that we were out of such situation until Mid-2016, and some folks were not really convinced until late 2016... sucks to have been those kinds of doubting thomases, just like it is going to suck to be waiting and waiting and waiting currently for a down that ends up not happening.   

[jojo69]

It’s not a capitulation until everyone despises everyone else

fuck you Hairy

[JayJuanGee]

I'm afraid once fiat conversion is unnecessary, they'll move the tracking to the actual goods, as they're already doing for assets with substantial value, e.g., cars, real estate etc - as pointed out several times in recent posts.

Likely tracking varies from state to state, and willingness of parties to be private with their "important" aspects of their transactions.

Of course, licensed dealers and licensed estate agents are going to have less flexibilities than individuals engaging in private transactions and the extent to which individuals are ready, willing and able to take measures to keep "important" aspects of their transaction(s) private.

[bones261]

Eat everybody! 

[JayJuanGee]

via Imgflip Meme Generator

  LOL ,BCH what a Joke......

Largely, I think that the described terms of the proposed Song/Ver bet (from earlier today) are fair, yet I believe that the bet would be more fair and unambiguous if the median average period for either BCH or BTC to be lower than 200 to 1 should be for a period of 90 days rather than 30 days.

[Paashaas]

Lightning integration in Electrum.

https://www.bitcoinwednesday.com/speakers/thomas-voegtlin-founder-ceo-electrum

[JayJuanGee]

This should pump up the price of BTC pretty fast when those who are wanting to buy this petro coin are needing bitcoin to do so on Nov 5.
https://www.reddit.com/r/CryptoCurrency/comments/9kzzgv/due_to_hyperinflation_venezuela_goes_full_on/

Coincidentally the same date that Bakkt launches its BTC product.    I have a decent amount of skepticism regarding whether the Petro will be in any kind of meaningful demand, even though it seems to be a decent experiment in order to attempt to figure out how such a product is going to be received by markets.

[JayJuanGee]

TBH brutally honest, I'm finding drinking is a total de-motivator. Can't get anything productive done 'cause I'm just too zoned out and depressed. Can't leave the house to go driving anywhere for obvious reasons.

Trying to work on passion-projects and feeling I should be "further along" with producing material in my retirement so far.

My list of projects to tackle is starting to get backlogged, and the drinking isn't helping.

KnowwhatImean ?

Well, keep drinking.  That should help.  

It’s not a capitulation until everyone despises everyone else

fuck you Hairy

Fuck you jojo.

And double-fuck that JJG guy. I hate him so much I blocked that fucker.

infofront, fuck you, for no reason in particular.

You are wonderfully likeable Bob, you blob.   

[elrippos friend]

Yeeaaaahhh, Monero rising 

Good comedy screwed up with alt coin pumping.  Shame on you, elrippos friend!!!!!   

Dear JayJuanGee, go fcuk yourself 

Shame on you, elrippos friend.

Failure and refusal to acknowledge, admit or feel bad about your off-topic shit coin pumping behavior. 

Dear JayJuanGee, you honestly believe there is no alternative to BTC and calling me? WOW!

[elrippos friend]

one of the so many predictions..... let it come

Nice idea, but more then 15.000.000,00-/BTC would be quite interesting 

[JayJuanGee]

Yeeaaaahhh, Monero rising 

Good comedy screwed up with alt coin pumping.  Shame on you, elrippos friend!!!!!   

Dear JayJuanGee, go fcuk yourself 

Shame on you, elrippos friend.

Failure and refusal to acknowledge, admit or feel bad about your off-topic shit coin pumping behavior. 

Dear JayJuanGee, you honestly believe there is no alternative to BTC and calling me? WOW!

What the fuck you talking about?  Is monero pumping a subject of this thread?

[ThePunisher49X]

(snip)

Venezuela would have fast and cheap international money transfers independent from the Central Bank. If the people in Venezuela start using Petro in theirs everyday activities, it would be a big victory for whole crypto world. I'm kinda confident that they will use it since many of them depend on help sent from friends and relatives living in other countries and Petro would be cheapest and fastest way to do that, also they are prolly one of the top crypto-educated nations atm.
If I was a bankster I would be very worried now because if that works out fine for Venezuela then some other countries would follow as well

Right, but I can already hear the choir of bankster FUD.

"See what they got to? That country began going to the dogs the day they revoked concessions to the big corporations, and it was downhill from there. Now they even lost control of their own money. It's going to be a hemorrhage, I tell you. See that we never get to that!"

The moment it is evident your word is worth NOTHING no one will ever trust you anymore. The moment Venezuela started expropiating corporates and revoking concessions no one would invest any single penny on it. That's not a case of bankster FUD, it's just reality... would you invest in Venezuela?

Petro will go NOWHERE. Remember it is not exactly a decentralised crypto... it is controlled by the Venezuelan government. So much for trust, uh?

Unfortunately Venezuelan people as well as all other people in the world are obliged to use theirs official national currencies in their everyday life, of course its not decentralized nor it has any tech innovation, but at least they will be able to use CRYPTO for theirs everyday activities, millions will be paying bills and buying stuff with Petro since getting cash in fiat money there is really pain in the ... loses value between the time you earn some money and spend it, real problem of everyday life there that could be solved if Petro survives the bankers intervention which will surely come in all kinds of FUD and even the military intervention is not excluded if Petro becomes a danger for them...

I don't agree with what this petro coin stands for but when it comes to crypto this president will get his people to obtain the only way they can. That would be with having to purchase it with bitcoin (or ether) and with a lot of buying up of bitcoin all at once will drive up the price as well. It will be at a cost of being a political sabotage of this Central America country.
But the bulls won't care where the money that's coming into crypto is from.

Courtesy of last of the v8s.

[Wekkel]

Nice pump. If the sheep follow up, we may make it to $6,700. But it all looks very tired now.

[starmman]

Nice pump. If the sheep follow up, we may make it to $6,700. But it all looks very tired now.

could do with breaking out of this cycle - things are looking a little stale lately

[HairyMaclairy]

Fear rising sharpish

[El duderino_]

via Imgflip GIF Maker