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

[Spaceman_Spiff_Original]

This song seems apt for today : https://www.youtube.com/watch?v=A7TuFy0fcuw

EDIT: This one might describe the mood more though   : https://www.youtube.com/watch?v=K2ku1A5Ox8U .  But it aged quite well.

[Kylapoiss]

Instead of waiting around drinking alcohol, we could make a WO altcoin, bring out an ico and everything...And drink alcohol. Who would be on board?

Count me in. I can do all the drinking.

Hold the fuck up. You will not be doing ALL the drinking. This is a team effort.

True dat, even I'd make an exception to support the team. So goldkingcoiner, sketch up a white paper and lets shoot it live?

[cAPSLOCK]

Btw. Isnt that funny that arthur is probaly the best earning person in crypto roach?  

Do you not realise the lengths Yidisher will go to these days to disguise themselves?

If you take Arthur Hayes, take some letters away and add some new ones you wind up with - Chaim Wildenstein.

FACT.

And I've never seen him out in the rain or near strong streams of water.

But he also has the initials of Roach's biggest hero?!??

[empowering]

EDIT: This one might describe the mood more though   : https://www.youtube.com/watch?v=K2ku1A5Ox8U .  But it aged quite well.

CLASSIC

[JayJuanGee]

I wonder if there could be tax reasons for possibly concluding the dump before the start of the new year ?

Yes... for sure.  That is why prices dipped so stupendously in both December 2013 and December 2017.

You are definitely onto something, qwizzie....

Also, remember christmas shopping, too.   

[Toxic2040]

You know, when you're the last whale standing in a thin bear market, and you have lots of coins and $$$, I'm sure it's pretty easy to push the market around in any direction you want. For however long you want.

That direction only ends when that person or group decides it should, or gets mega squeezed.

They are just dangling there....its tempting no?


1h

[El duderino_]

Well, it has to stop somewhere. One year ago Jihan Wu started a similar campain (flippening they called it). Aided by Rojer Ver and Craig Wright they dumped hundreds of thousands bitcoins and bought bcash driving it up to 3.5k$ on most exchanges and 9.5K$ on Coinbase. The documentation of the failed IPO shows that only Bitmain bought around 2mil bcash! Now, Wu gets what he deserved! Although he has 2mil SV now, so he can dump it to get some money to save his business from bankruptcy. Now, CW thinks he is a genious to sell his bitcoins and buy his shit. In 1 year SV will be less than 10$, while bitcoin will recover. Not only the manipulators are out of ammo, but most of the whales dumped in fear their bitcoins. What the market needs now is a nice recovery to 6K and then slowly building up to 20K and beyond. It may take some months or a couple of years, but it will happen!

Gee, I didn't know I am a prophet   Perfect timing  

P.S. This is my 500th post! I will appreciate some merits for the anniversary 

Gee, I didn't know I am a prophet   Perfect timing  

P.S. This is my 500th post! I will appreciate some merits for the anniversary 
[/quote]
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Hey mate gave you my last one.... like your bullishness very much, very much appriciated....
Normal saved that last one for later this evening
Wanted to send it out when i was Total wasted

Hey Guys CHEERS

[Cassius]

Short squeeze/reaction rally is quite normal at this point. Let's not get ahead of ourselves.

[goldkingcoiner]

Instead of waiting around drinking alcohol, we could make a WO altcoin, bring out an ico and everything...And drink alcohol. Who would be on board?

Count me in. I can do all the drinking.

Hold the fuck up. You will not be doing ALL the drinking. This is a team effort.

True dat, even I'd make an exception to support the team. So goldkingcoiner, sketch up a white paper and lets shoot it live?

Alright lets do this, buddy! Its basically going to be pictures of alcohol on laptops and the word "money" over and over again.

[El duderino_]

Btw who’s already drunk today and who’s gonna get drink today?

• Beer #3
• Zkittlez Indica Plant Bowl # ?
• Brass Knuckles Oilpen Gushers Hybrid Hit # ?
• Brass Knuckles Oilpen GSC Hybrid Hit # ?
• Supreme Oilpen Sunset Sherbert Hybrid Hit # ?

I keep it on champagne-wine-something strong in between and for the rest don’t know yet

[JayJuanGee]

Well good morning Bitcoinland.

Another day, yet another dip... currently $3303USD/$4390CAD (Bitcoinaverage).

I see Proudhon's here. Who's next? Kwukduck? Fonzie? NLC?

Must be getting fairly near to kaput-ulation.

Mmmm... coffee's ready.  

You buying any time soon, Jimbo?

[JayJuanGee]

Grey total open interest
Yellow ratio
Green longs
Red shorts

Shorts at ATH but longs refusing to capitulate

Direction of least resistance.. ? 

Probably still down, at least for now.

[JayJuanGee]

How you feeling Hairy?
Worried, concerned?

The price is tracking nicely to the model so far, albeit slightly ahead of schedule.  Am not in any rush and think that whatever range we settle at, we should be there for awhile.  The market needs time more than anything else.  

In the very short term, we are due a bounce / bull trap lasting a couple of weeks.  

Looking at it through a 10 year time horizon, this is an extraordinary opportunity.  

So not particularly fussed.  

I can wait 10 years if I have to but I was hoping I’d be pretty rich around 12 months after the next halvening.
I was close to being a millionaire GBP wise at the ATH (obviously that’s gone to shit now but I’ve sold nothing).

I was hoping to be 75% sold out of bitcoin in approx 2022 never having to even think about what I’m spending ever again.

10 years is a little long but I can wait.

This just seems a lot worse than the last long bear market as obviously I have a lot to lose this time.

I appreciate everything that you are saying here, including the possibility of being flexible on your timeline, which is definitely realistic to be flexible on your timeline (as long as you are not so old that you are going to be dying soon, and then your timeline is much shorter, and probably your investment into BTC should be more conservative, too). 

Regarding "worse than last time," you seem to have identified the problem, which is your perception of worse than last time based on your assessment of your situation of having more to lose, but that does not seem to be a good way of assessing the situation. 

Probably you need to either go back to the drawing table or to just reconsider aspects of your strategy, including a possibility (even if slim) that BTC prices could go to $1k before they bounce... in that regard, it seems that you should prepare yourself for such possibility of $1k-ish or lower (even if slim possibility) both psychologically and fiscally.

[cAPSLOCK]

Consensys layoffs.  

https://www.coindesk.com/consensys-confirms-layoffs-projecting-13-of-staff-at-startups-to-be-cut/amp#click=https://t.co/LPyLqEc6Ev

Starting to feel a bit capitulationish.  

Still might need Consensys to be broken up entirely but it’s a start.

The more the ICO pumping robot ETH shills die the better.

No offence to those who believe in that stuff... but it's the freaking cancer of crypto and has been for years.

We knew the surgery to remove it and the chemo after would suck...

Here's some 7-up and a bendy straw.

Lie back down.

[bitserve]

Ok, let's recapitulate. That first short squeeze/cover was easy. Next one is a bit harder but critical. We need to get over 3600...

For that we need to make our pet alpaca shitpost a little more and it is doable.

We need a volunteer to trick Proudhon. The volunteer must be JJG. C'on JJG, you can do it! Bury that mathafacka in walls of text!

[Kylapoiss]

Instead of waiting around drinking alcohol, we could make a WO altcoin, bring out an ico and everything...And drink alcohol. Who would be on board?

Count me in. I can do all the drinking.

Hold the fuck up. You will not be doing ALL the drinking. This is a team effort.

True dat, even I'd make an exception to support the team. So goldkingcoiner, sketch up a white paper and lets shoot it live?

Alright lets do this, buddy! Its basically going to be pictures of alcohol on laptops and the word "money" over and over again.

MONEY MONEY MONEY MONEY MONEY MONEY MONEY MONEY MONEY MONEY MONEY MONEY




MONEY MONEY MONEY MONEY MONEY MONEY MONEY MONEY MONEY MONEY MONEY MONEY

[JayJuanGee]

How you feeling Hairy?
Worried, concerned?

The price is tracking nicely to the model so far, albeit slightly ahead of schedule.  Am not in any rush and think that whatever range we settle at, we should be there for awhile.  The market needs time more than anything else.  

In the very short term, we are due a bounce / bull trap lasting a couple of weeks.  

Looking at it through a 10 year time horizon, this is an extraordinary opportunity.  

So not particularly fussed.  

I can wait 10 years if I have to but I was hoping I’d be pretty rich around 12 months after the next halvening.
I was close to being a millionaire GBP wise at the ATH (obviously that’s gone to shit now but I’ve sold nothing).

I was hoping to be 75% sold out of bitcoin in approx 2022 never having to even think about what I’m spending ever again.

10 years is a little long but I can wait.

This just seems a lot worse than the last long bear market as obviously I have a lot to lose this time.

You know what I did? I spetn just enough btc last year during, and just after the rally to 19k, that the rest of my btc stash is pure profits. My original USD amount that I invested, I’ve taken off the table.

This isn’t my first time going through the cycle though, so I learned the hard way, and I didn’t spedn more than maybe 5% of my bitcoin stash. Since I am a HODLer through and through, it’s really hard for me to let go of even a couple hundred thousand satoshis. I am only able to now because I experienced being all in (100% invested) bitcoin during a previous bear market, but thanks to this thread and the people on it. I learned a thing or two, like:

HODL (or buy) when everyone else is panic selling. (odds are you’ll end up with less bitcoin if you’re not super lucky and/or a damn good trader)

Later you can smile, and take a little tiny bit off the table when everyone is hyped to entertain yourself during the next bear season.

 

I believe that is called:  "getting ahead of the curve."  In other words, let the price come to you, rather than the other way around.

[realr0ach]

right
wrong
what?

I will glady explain quantum field theory to you. Pm me with any questions you have.

Listen, you were the one that claimed it's plausible for a quantum fluctuation to disturb the Higg's field and suck the entire universe in, but you made no attempt to explain the mechanism behind said event.  Do you claim it causes a domino collapse of the entire Higg's field (as a lattice), or do you claim it's a confined, local event that functions the same as a black hole?  

If it's sucking everything in as some type of endless pressure gradient that can't equalize, it's going to create a black hole anyway, so whatever is going on is going to be in the middle of a black hole regardless.  I guess people are going to claim there can be no mass or something with no Higg's field, so a black hole can't form and the "Higg's black hole/gradient" takes precedent.  But if all it is is a localized gradient, why would it end the universe and not function mostly the same as a regular black hole?

If it doesn't break the entire lattice instantly, and thus destroy the entire universe instantly, it seems like the low pressure gradient from a localized Higgs collapse could still take billions of years before everything falls in. Then you're also dealing with questions of why would the Higgs field require being uniform in the first place.  Maybe it's not already.  Maybe the universe is a spherical lattice dense in the middle and thin on the outside which is why it's expanding in the first place due to said gradient.

[cAPSLOCK]

Next stop Satoshi himself is in here shitposting

Catching up on overnight action. Trying to fight off a nasty flu that is trying to fuck me over. It's going to be a horrible weekend.

I blew my sMerit load on earlier posts. Need to wait for Super Theymos Regen-Powers Activate.

I owe you one for this post.

Gotcha covered.

[El duderino_]

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Come on you F***ing bears
Drink with me and deliver me cheap COINS
COME ON !!!!!!!!!!!!