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

[FractalUniverse]

It all becomes so obvious in retrospect:

ugh
are you still in silver? different time frames but ..
maybe its time to take a flying silver jump.. 

[crypmike]

Time to be distracted.. ehh

[jbreher]

What's your opinion on this?

Unnecessarily aggressive.

[julian071]

Well that was a bad day at the office. Got liquidated on a long, lost about a Ducati's worth of BTC. That's just what you get for smoking to much hopium I guess.

If I'd only... but like they say in Holland, "achteraf kijk je een koe in zijn reet". 

More like "in z’n kont"

Kont, reet, same difference.

But you are right.

[Kylapoiss]

Is this capitulation yet?

Dunno but the Newbie/Troll accounts are popping up all over the place saying BTC is dead & it’s going to $0.
This is what happened in 2013-2014 post Gox ‘hack’

Kwukduck isn't around yet, just a post every couple of months, so the bottom is not in yet. We need him with the doom predictions, then it's over.

But how low are we going? I think the bottom was called in many times a couple of days ago

[Paashaas]

Well that was a bad day at the office. Got liquidated on a long, lost about a Ducati's worth of BTC. That's just what you get for smoking to much hopium I guess.

If I'd only... but like they say in Holland, "achteraf kijk je een koe in zijn reet". 

Drommels drommels en nog eens drommels!

[Torque]

What's your opinion on this?

Unnecessarily aggressive.

And completely wrong. Which when coupled with his unnecessary aggressiveness, makes him looks even more stupid.

Like a stupid fucking cunt.

[Kylapoiss]

Buying for 5 years now, every month i move 50% of my normal fiat savings into Bitcoin. All-in in 2014 for the first time. This will be the 2e occasion and the last one

I don't sell my jewellery etc.. just the money i earn from working.

r0ach would buy your gold and silver with a premium.

[Paashaas]

For everyone who thought making money in shitcoins was supposed to be easy, I present to you the world leader in shitcoin trading:

MatTheCat

I remember that guy..lol.

Nice work. Never thought giving Roach a merrit

[Elwar]

What's your opinion on this?

Unnecessarily aggressive.

And completely wrong.

This.

LN requires that nodes have their bitcoins in a hot wallet.

Good luck convincing a bank to set up a huge centralized node with millions of dollars sitting in a hot wallet.

No, seriously...good luck. I don't know anything about hacking but that might just motivate me to open up a hacking book so I can get my hands on that hot wallet.

[Ludwig Von]

For everyone who thought making money in shitcoins was supposed to be easy, I present to you the world leader in shitcoin trading:

MatTheCat

I remember that guy..lol.

Nice work. Never though giving Roach a merrit

Maybe it is him... .

[Ibian]

Kraken down apparently.

[vroom]

This.

LN requires that nodes have their bitcoins in a hot wallet.

Good luck convincing a bank to set up a huge centralized node with millions of dollars sitting in a hot wallet.

No, seriously...good luck. I don't know anything about hacking but that might just motivate me to open up a hacking book so I can get my hands on that hot wallet.

but banks already have digital tools and systems to create and move money. they are pretty secure, you don't read about bank hacks very often. this is an example hack: https://en.wikipedia.org/wiki/2015%E2%80%932016_SWIFT_banking_hack

if they already use digital (hackable) systems, why should not they use LN too?

[FractalUniverse]

Kraken down apparently.

im a bit worried that some of them will go down permanently soon,  due to this dumping

[Last of the V8s]

We're all a bit down tbh

[bitserve]

Fresh from Masterluc Telegram:

Google translation:

Well, you see the situation. Weekly bb went expansion down. How far down? Enky was right. I do not rule out touching the weekly ma200 @ 3000.

At the same time, the long-term trend is not broken until we touch the $ 1200 level. Yes, I know that we broke through the logarithmic trend, but the cue ball does not grow in accordance with the sqrt-trend. Therefore, the nearest support is weekly ma200.

I can say that 10 months ago, when I wrote that the correction will last a year - it seemed to me very little. But I was guided by the 2011-2012 correction model, and it almost worked. Enky was guided by the model 2013-2015. Most likely there will be something third. But his model is still working, but mine is gone.

In general, the correction is delayed by a little more than a year. The alarmists will be left without pants, and enky will soon go to Long. And I do nothing. As always

Original:

Hy cитyaцию вы видитe. Пo нeдeльнoмy бб пoшлo pacшиpeниe движeниeм вниз. Дoкyдa вниз? Enky был пpaв. He иcключaю кacaния нeдeльнoй мa200 @3000.

Bмecтe c тeм, дoлгocpoчный тpeнд нe нapyшeн, пoкa нe пpикacaeм ypoвeнь $1200. Дa, я знaю чтo мы пpoбили лoгapифмичecкий тpeнд, нo битoк pacтeт нe пo пpямoмy тpeндy, a пo sqrt-тpeндy. Пo этoмy, ближaйшaя пoддepжкa - нeдeльнaя мa200.

Moгy cкaзaть, чтo 10 мecяцeв нaзaд, кoгдa я пиcaл, чтo кoppeкция пpoдлитcя гoд - чёт мнe caмoмy мaлo кaзaлocь. Ho я opиeнтиpoвaлcя нa мoдeль кoppeкции 2011-2012, и oнa пoчти cpaбoтaлa. Enky opиeнтиpoвaлcя нa мoдeль 2013-2015. Cкopeй вceгo бyдeт вooбщe чтo-тo тpeтьe. Ho eгo мoдeль пoкa paбoтaeт, a мoя yжe нeт.

B oбщeм кoppeкция пoкa зaтягивaeтcя чyть бoльшe,чeм нa гoд. Пaникepы ocтaнyтcя бeз штaнoв, a enky cкopo зaйдeт в Лoнг. A я ничeгo нe дeлaю. Кaк вceгдa

P.S.: And this what Enky wrote: https://btctrading.wordpress.com/author/enky1974/

[realr0ach]

It all becomes so obvious in retrospect:

ugh
are you still in silver? different time frames but ..
maybe its time to take a flying silver jump..  
https://i.postimg.cc/59SDWZ4J/agxbtccompare2.png

Silver has an actual price floor though, while bitcoin doesn't.  Bitcoin has a variable-rate price floor that's recursive based on it's own demand.  Besides, the silver charts are entirely fake - a paper, derivative market that has no relation to the underlying asset.  I'd say the bitcoin charts are fake too.  Both charts are just painted by a single entity each.  Silver is artificially painted downwards by a single entity at the ESF, and Bitcoin is artificially painted upwards by a single entity through fraud at Bitfinex.

Why would you buy an artificially inflated bubble (bitcoin) when you can buy an artificially downward manipulated asset instead?  This is like "how do I make money 101" stuff.

[gembitz]

 

$4999!!

WEEEEEEEEEEEE

[Last of the V8s]

'without pants' as in 'bags' but lol the virus is spreading

[FractalUniverse]

looks like bitcoin failed to break back above $5000 on retest at bitstamp. doesn't look good.