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

[Arriemoller]

I was looking about an Italian trader on youtube and he was talking about 2 alert zones (1 week ago)

1st 3000-3800$, if this range will be broken he thinks
2nd 1145$

Do you really think it can go so low?

Yes, I do. It would fit with the last time BTC crashed.

[Ibian]

A small distraction (OT) to btc pricing minutiae:

https://www.technologyreview.com/s/612458/exclusive-chinese-scientists-are-creating-crispr-babies/

A daring effort is under way to create the first children whose DNA has been tailored using gene editing.

This would open a Pandora's box, most definitely.
All talk about current inequality is just about numbers that could be attained one way or another.
Not so simple if you are essentially MADE genetically different.
For maximum publicity they started with the gene that is accessory to HIV (CCR5).
No active CCR5 present, no HIV.
Will it stop there? Of course, not.

Seven percent of Swedes have that mutation, it apparently protects from small pocks and cholera as well as HIV.

That's interesting since DNA tests of old skeletons from graves show that a plague almost wiped out the Scandinavian population at about the same time as the yamnaya culture entered Scandinavia and brought with them the bronze age and the family structure that we still have in the western world today. Maybe that plague was small pocks and the survivors had that gene mutation.
Just a thought.
The Chinese have a program for identifying the genes that gives you high IQ, I bet you that there already are babies in china with altered IQ genes.
But this will also open up for cosmetic gene surgery. The most sold beauty product in black Africa and the Indian subcontinent is skin bleaching creams, I bet that we will see babies on these continents with genetically altered skin tone really soon, and that's just the beginning.
Personally I'm all in favor of of it.

The average height for males used to be around160 cm, if you look at the new teenagers the average is now 10cm taller than that. Lots of cancer though which makes it looks like it's just black market HGH given by the parents.

I wonder what China will look like when I get old. Lots of white tall highly intelligent HIV free chicks?
Damn I'm all for it.

And you can't get them. Chinks are highly xenophobic.

[Arriemoller]

A small distraction (OT) to btc pricing minutiae:

https://www.technologyreview.com/s/612458/exclusive-chinese-scientists-are-creating-crispr-babies/

A daring effort is under way to create the first children whose DNA has been tailored using gene editing.

This would open a Pandora's box, most definitely.
All talk about current inequality is just about numbers that could be attained one way or another.
Not so simple if you are essentially MADE genetically different.
For maximum publicity they started with the gene that is accessory to HIV (CCR5).
No active CCR5 present, no HIV.
Will it stop there? Of course, not.

Seven percent of Swedes have that mutation, it apparently protects from small pocks and cholera as well as HIV.

That's interesting since DNA tests of old skeletons from graves show that a plague almost wiped out the Scandinavian population at about the same time as the yamnaya culture entered Scandinavia and brought with them the bronze age and the family structure that we still have in the western world today. Maybe that plague was small pocks and the survivors had that gene mutation.
Just a thought.
The Chinese have a program for identifying the genes that gives you high IQ, I bet you that there already are babies in china with altered IQ genes.
But this will also open up for cosmetic gene surgery. The most sold beauty product in black Africa and the Indian subcontinent is skin bleaching creams, I bet that we will see babies on these continents with genetically altered skin tone really soon, and that's just the beginning.
Personally I'm all in favor of of it.

The average height for males used to be around160 cm, if you look at the new teenagers the average is now 10cm taller than that. Lots of cancer though which makes it looks like it's just black market HGH given by the parents.

I wonder what China will look like when I get old. Lots of white tall highly intelligent HIV free chicks?
Damn I'm all for it.

And you can't get them. Chinks are highly xenophobic.

True, but they are also, at least for now, quite curious on westerners.

[El duderino_]

via Imgflip Meme Generator

[Majormax]

I think this uptrend is just temporary.

The next 10 days will be critical... it could crash again imho.

I think the last 12 hours have been a piss poor performance by the bulls.

Yes it is a very weak recovery, considering the speed of the downside.

That would indicate that the downtrend is still firmly in place. Maybe a new range 3500-4200 before a fresh low early next year ?

The only caveat is that it is really too early after the drop to make any even tentative pronouncements.

[Arriemoller]

I'm saying my goodbyes. Give me a minute...

https://www.youtube.com/watch?v=7ZLOaoPCo8A

[somac.]

I think this uptrend is just temporary.

The next 10 days will be critical... it could crash again imho.

I think the last 12 hours have been a piss poor performance by the bulls.

yep not enough volume on the rebound and flattening out at the 3900-4000 area, we're going down further this week I think. At least to the recent lows.

[somac.]

Need to break this down channel

[withlove99]

A picture shows the general condition of all of us present. Experts or piggy can't inevitable losses 

[Arriemoller]

Just so you guys know:

Ledger Nano S Blackfriday offer for 50€ including VAT and DHL shipping.

https://www.ledger.com/

I have bought another one.

Would like to know what the price is if you connect from USA, anyone?

US$49.99

With VAT and shipping included? Fuck, everyone is always stealing us in the exchange rate

They don't have VAT, hence the lower price (I guess).

[Globb0]

below 3638

a lot of coins being bought here though

$2500 test soon...! weee

Not sure what’s more annoying...
Bitcoin crash or your useless posts. I’m leaning towards the latter.
The wee thing is beyond worn out .Give it up.
Seriously, just give it up already.

It's his/her/it's signature move.   

Can be annoying, but is it really worn out? 

Can a guy/gal or bot wear out a signature move, even if such move is annoying as fuck?

Certainly we know a keyboard can be worn out

[El duderino_]

Looks like a lot of greed in this thread, people waiting to buy in for absurdly low prices that will never be touched again.

 That may be but the hats are complimentary.

https://i.imgur.com/BePqIlJ.jpg

Avatar-sized

nice pieces, curious if they gonna get honoured

[somac.]

below 3638

a lot of coins being bought here though

$2500 test soon...! weee

Not sure what’s more annoying...
Bitcoin crash or your useless posts. I’m leaning towards the latter.
The wee thing is beyond worn out .Give it up.
Seriously, just give it up already.

It's his/her/it's signature move.   

Can be annoying, but is it really worn out? 

Can a guy/gal or bot wear out a signature move, even if such move is annoying as fuck?

Certainly we know a keyboard can be worn out

I'm wondering where the weeeee thing is from exactly? is it actually a thing that people say sometimes? because I also saw it in a Japanese anime called Rosario + Vampire, in that show there was a bat that would always go weeeeeeeeeee a few times every episode. I thought it strange at the time.

[coinlocket$]

https://www.fxstreet.com/cryptocurrencies/news/ohio-companies-to-pay-taxes-in-bitcoins-mass-adoption-is-coming-201811260925?utm_source=tradingview&utm_medium=rss&utm_campaign=254b9d70-7c4b-481b-a94e-aaac0c60ed14

 

MASS adoption 2019?

[HairyMaclairy]

Looks like a falling wedge to me.  This is a reversal pattern which should indicate a break to the upside.  Quite bearish if we manage to break to the downside.  

https://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:falling_wedge_reversal

[wayna]

https://www.fxstreet.com/cryptocurrencies/news/ohio-companies-to-pay-taxes-in-bitcoins-mass-adoption-is-coming-201811260925?utm_source=tradingview&utm_medium=rss&utm_campaign=254b9d70-7c4b-481b-a94e-aaac0c60ed14

 

MASS adoption 2019?

Mass adoption is a little bit optimistic but institutions are paying far more attention to cryptos.

[bitcoinminer42]

Looks like a falling wedge to me.  This is a reversal pattern which should indicate a break to the upside.  Quite bearish if we manage to break to the downside.  

https://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:falling_wedge_reversal

ehm... check your drawings plz 

[Cassius]

Looks like a falling wedge to me.  This is a reversal pattern which should indicate a break to the upside.  Quite bearish if we manage to break to the downside.  

https://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:falling_wedge_reversal

ehm... check your drawings plz 

I'd call it more of a bearish descending triangle to match the last couple and complete the set.

[ivomm]

Big crash, my ass! Look at the books in BFX - 20K BTC in buy offers till $2500 vs only 5KBTC till $5300. At the same time SV is pumped - versy suspicious. I guess CW sold every BTC he had just to give 1  more day life of his shitcoin before it dies forever! Now, we are in a very good starting position. Weak hands were robbed and big trio scammers - Ver, Wu and Wright is out of Bitcoins. No need to be a prophet to predict that a bull run is imminent. I can't wait to get my salary next week to buy some more!

This post was yesterday when we were at 3700$ (BFX). Now the first part is fulfilled, I expect to reach 5k$ range soon. We are in a good position not only to recover the drop from 6K but to break the falling wedge pattern from the beginning of 2018. If bakkt starts and as promissed offers more than futures contracts (namely as regulated crypto exchange that can store in warm and cold wallets the bought bitcoins, which have theft etc. insurance), we can quickly break the main resistance at 8400$. This will start the next bull period, which will last at least until 2021. Also there is a huge possibility that in December the new commisioner in SEC might be in favour of ETF. We need only 1 more voice, since it seems we currently have 2 in favour. Interesting times are coming and the weak hands will suffer much when they see prices with 5 digits.

[d_eddie]

I say we just clone Bob over and over and make that our entire race.

It would be quite interesting undertaking to compare bitcoin hodlers/ mid-early investors (say, prior to 2015 or 16) to an average human population.
My expectation would be that there would be many interesting traits.
Something relating to risk taking (maybe even excessive risk), patience, stubbornness, etc.

And geekiness/intellectual curiosity, probably - even more so for pre-2013 folks.