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

[Last of the V8s]

mic I am telling you Liverpool is scary
https://twitter.com/TomMunns1/status/1060592423586402305


No offence to LFC in my hackneyed jokes. Went there once and really liked it and the Scousers.

[1715423974]

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[1715423974]

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[LFC_Bitcoin]

Sideways coil before bakkt explosion

Do you really think so?
Would love to see it play out that way but have a feeling BAKKT will do nothing.

[El duderino_]

Hahaha LOL ^^

[LFC_Bitcoin]

mic I am telling you Liverpool is scary
https://twitter.com/TomMunns1/status/1060592423586402305


No offence to LFC in my hackneyed jokes. Went there once and really liked it and the Scousers.

I’m from about 1.5 hrs from Liverpool but I’d better not say too much more incase I DOX myself

[Last of the V8s]

I still have hope

Nuts

hmm mental

[Last of the V8s]

Looking back on my visit to Liverpool, it was 40-odd years ago. The cathedrals and the Mersey really were awe-inspiring, the community impressive. I went for a school project on some weird Catholic thing (the Turin Shroud), and there was an expert to consult in that very Catholic city. So I stayed in the priests' house. Me a very beautiful young man obviously, and they with their ... ways. How I came away with my virginity intact is, now I think about it, quite ironically a miracle.

[goldkingcoiner]

I still have hope

Nuts

hmm mental

hopium is a hell of a drug

[LFC_Bitcoin]

Looking back on my visit to Liverpool, it was 40-odd years ago. The cathedrals and the Mersey really were awe-inspiring, the community impressive. I went for a school project on some weird Catholic thing (the Turin Shroud), and there was an expert to consult in that very Catholic city. So I stayed in the priests' house. Me a very beautiful young man obviously, and they with their ... ways. How I came away with my virginity intact is, now I think about it, quite ironically a miracle.

FFS
Gonna have to fire over your 1500th Merit there for making me laugh.
I’m Catholic (well was made one by my family - I haven’t been to Church aside from funerals, weddings or christenings since I was about 15).

I was an altar boy in primary school too & no I wasn’t fucked in the ass by a Priest either.

[Last of the V8s]

^thanks man. took me a while to recover from all that, ironically again, hopium

I still have hope

Nuts

hmm mental

hopium is a hell of a drug

reminder - funding in 36 mins
don't miss your ten quid

[flashbit]

Bitcoin false breaks to 6500+ , it should be supported at 6300 and try again for a break higher

If trend line support breaks at 6300, 6150 would be next.

[HairyMaclairy]

Bitmain releases specs of new miners:

https://xbt.net/blog/bitmain-releases-new-antminer-s15-and-t15-miners/

[JayJuanGee]

Aww fuck I just checked the price when did we dip down and how did I not notice?

Do you guys think this could be related to the SEC / Etherdelta case and the fact that the SEC said it would take a closer look at other exchanges ?

No it’s just the BCH pump starting to unwind.  We might get one more pump out of it by the 15th but it should be mostly finished.  Tears and recriminations can come later.  

I would target 62xx or 61xx on 16 November. 

Let's just say hypothetically that the BCH fork(s) takes place on November 15, as anticipated.  Surely, that is not a unreasonable hypothesis, and it seems to have greater than a 70% chance of happening, based on current posturings (I am kind of assuming that there is enough backing of faktoshi to actually follow through with his bombastic nonsense).

Then, if such fork really happens, then wouldn't bitcoin actually experience upwards price pressures, rather than downwards based on a kind of resolution of some of the uncertainty - especially seeing how it plays out. 

On the other hand, if the fork does not happen, the such nonhappening might not bring as much certainty, unless there is a clear indication that such fork(s) have been cancelled rather than postponed.  Then also such nonhappening of bcash forks might cause pompening of bcash - as if, all of a sudden bcash has acquired some street cred and actual fundamental value - beyond enduring as a mess of an amalgamation of effervescent disgruntles.

[JayJuanGee]

Aww fuck I just checked the price when did we dip down and how did I not notice?

Do you guys think this could be related to the SEC / Etherdelta case and the fact that the SEC said it would take a closer look at other exchanges ?

No it’s just the BCH pump starting to unwind.  We might get one more pump out of it by the 15th but it should be mostly finished.  Tears and recriminations can come later.  

I would target 62xx or 61xx on 16 November. 

You think people are converting BTC to BCH ahead of their shit fork to get their free shitcoin’s & then convert back into BTC to increase their BTC stashes?

I thought about converting 1 or 2 BTC into BCH ahead of the fork to try & be clever but I just don’t want to fuck about & risk it.

Yeah... don't let greed get in the way of prudence, because you never know which way any of the nonsense is going to go in the shitcoin space, either short term or even medium term - even though chances remain pretty decent that the vast majority of shit coins will go near or close to zero, but it could take 20years to play out such recognition of their fundamental quasi-vaporware bullshitness.. which is not the amount of time or energy that you should be spending on such bets.. when you have much more positive and solid energy in bitcoin and the various projects built around bitcoin.

[jbreher]

Because the media, and legacy finances including banking, and 99% of the political establishment are all on the left. We are on the right. That's why.

Just curious, do you think that’s correct? Most of us are on the right here? Personally I lean slightly towards far right.

I do not lean to the authoritarian right.

Neither do I lean toward the authoritarian left.

Make of it what you will.

[ssmc2]

I still have hope

Nuts

hmm mental

Cool let's see what happens

[Dammitt]

Actually it was moving well, and then it seems as if we were in a period of pause. I look forward to the bull season but I seem to find it difficult. The guess is a little harder to do about it.

[Last of the V8s]

I still have hope

Nuts

hmm mental

Cool let's see what happens

Actually I was just riding him and riffing off his earlier post, rather than calling his 'nuts' mental. (his nuts are mental)
I think we're in for a big old dump first, and then quite a good bounce for Bakkt (like you said, but less explosive for me) and another for the SEC/ETF inevitable approval.

[goldkingcoiner]

^thanks man. took me a while to recover from all that, ironically again, hopium

I still have hope

Nuts

hmm mental

hopium is a hell of a drug

reminder - funding in 36 mins
don't miss your ten quid

At this point of the slide down? Nah. I am pegged into a long at 6.2k and a short at 6.6k. Market is too wobbly and I have no idea where we are going. Although I am still a bit pissed at the whole funding thing. There should be a notification or something. Still happy I got out in time. Just before the mini dump. Like my spidey senses told me.

[Last of the V8s]

I am very sorry I doubted you for one moment. You are an excellent trader. My apologies again.

Not at all old boy, it was just a stab in the dark, but was happy to help you out. You are coming along very nicely too.

[Ibian]

Because the media, and legacy finances including banking, and 99% of the political establishment are all on the left. We are on the right. That's why.

Just curious, do you think that’s correct? Most of us are on the right here? Personally I lean slightly towards far right.

I do not lean to the authoritarian right.

Neither do I lean toward the authoritarian left.

Make of it what you will.

What's your opinion on the horseshoe theory?