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

[marcus_of_augustus]

Anyone have a chart comparing 2014 bear market difficulty to present day?

This guy has a nice color visual of it. He also makes a strong case that nothing matters but the halven'ing!
Buy aqua - sell orange!

https://mobile.twitter.com/100trillionUSD

this market right now feels a lot more like the the 2011/12 bear than the 2014/15 bear, more vicious, organic, dog-eat-dog and less managed/contrived/orchestrated/manipulated.

In 2011/12 Bitcoinica and the shorting mania that unravelled spectacularly there might have something to do with it ... the news of miners shorting (hedging production forward) makes me think we are very near the final capitulation. This often happens in commodities markets at the bottom, the producers sell forward production even though they are going broke and it is killing their future market, it's an act of total desperation, that's what this feels like.

Probably central banks (likely through their proxies like JPM and UBS) are starting to buy up some cheap coins, to hedge for future possibilities ya know too ... that gives it that extra vicious edge when nation state dogs fight over the same piece of kill meat too.

[HairyMaclairy]

I wasn't around in 2011.  Can you tell us more about what it was like?

[Paashaas]

[Lambie Slayer]

I used to think bitcoin go big moon but now think it go down to hell.

Zoom out, dip twat.. and don't get caught up into whatever seems to be the current momentum.

jjg having a fever?

short explanation?  

Just capitulation getting much much closer is all. You still have your part to play Goose in this cosmic dance. A pic of you eating some Ramen noodles or a cold can of beans would do the trick. If you wanna end this bear market quickly then sacrifices must be made to the Gods of Capitulation. Jimbo earnestly and sincerely telling us all to go fuck ourselves would also really help. Our families are waiting in desperate need so please do the right thing sirs. JJG, thank you for setting a good example and making a sacrifice. Im sure it wasnt easy writing such a short and concise piece of life advice to Pirate Dip Twat, we all know he could have benefited from some instructions on incremental selling and buying strategies.

[JayJuanGee]

trichotomous

Is that a three headed hippo?

Where's your stop profit?

Stopped using them because I always got it wrong.  Instead I chase the price downwards with a scale out of stop losses.  So let the market make the decision.  Its the JJG School of Shorting^TM, gradually sell on the way down and then gradually buy on the way back up.

It seems to me that you need your own Hairy Bearie trademark for that variation of incrementalism because it significantly differs from my approach and my thinking (even though practically your approach seems to have decent practicalities)... Anyhow, my incrementalism approach is largely chicken shit about shorting (or using margin).

[HairyMaclairy]

Just think of it as chicken shit shorting

If you prefer I use my own trademark though so I don’t dilute your brand it’s ok.

Hairycowardice^TM

[HairyMaclairy]

Just today, my great-aunt asked me how to short Bitcoin!

I admire you but I don’t believe you.

You know why silver doesn't work?  You need 195 kilos of it just to transfer one-hundred-thousand-dollars. It's heavy AF!

Even a burglar couldn't be fucked with that.  Take the jewellery, whisky and iPads instead.    

[JayJuanGee]

Just think of it as chicken shit shorting

If you prefer I use my own trademark though so I don’t dilute your brand it’s ok.

Hairycowardice^TM

You are either too tough on yourself or too humble.... because you seem to have something going, at least recently, seems like shorting would have been pretty profitable (if played correctly).

In other words, that name seems like it is just not going to inspire confidence from other peeps.

[HairyMaclairy]

I’m here to shit post not inspire confidence.

[hv_]

Bitcoin SV is Bitcoin

Simple to (re-) enable any business on it

https://twitter.com/money_button/status/1071446239927971841

[alevlaslo]

I have to disagree. That trendline needs to be lower, the start should be at the end of 2015.

below 3000 is not possible  https://forum.bits.media/index.php?/topic/952-%D0%BA%D1%83%D1%80%D1%81-bitcoin/&do=findComment&comment=1707986

[El duderino_]

I have returned from dinner and the party starts again.
I lack time to follow the pages of WO, very, very, fast

My wife is worried, she says I've been very strange for four days.

(4 / december first time in WO, lol)

nobody fucking cares , did we ask for your life story

who's "we" asshole

Mmmm nobody asks me neither ..... but gonna tell it anyway dumbf***

*headache* ....... late morning...... going for sober man’s breakfast, @goldkingcoiner, yeah outdoors, to f***ed up to put something together myself

Gonna glimps to the price now, ah ok = weeeEeEEEe

[samson]

I have to disagree. That trendline needs to be lower, the start should be at the end of 2015.

below 3000 is not possible  https://forum.bits.media/index.php?/topic/952-%D0%BA%D1%83%D1%80%D1%81-bitcoin/&do=findComment&comment=1707986

Wait and see what happens when all the MtGox Bitcoins are released into the wild if the current price is hovering around $3000 / BTC.

[kurious]

 Heightened sense of smell is the bane of my existence.  Some colognes and perfumes give me an instant headache.  Those so-called air fresheners are just fuckin killer for me - they are not fresh at all.  My wife refrains from wearing perfumes and I love her for that.

The really cheap perfumes are made from industrial methylated spirit. The most expensive ones are made from pure drinking alcohol, which is heavily taxed to stop people drinking it. Maybe the dodgy perfumes that give you a headache are the industrial methylated spirit based ones.
 

I get a similar reaction to some scents - and it isn't because they're cheap.  

Ages back my (then new) gf seemed to suddenly start smelling bad, I told her to change her scent but it seemed to be on all her clothes, in her wardrobe etc.  I started to think it was her and we just were not compatible.  I told her I had this issue and asked her to let me sniff the perfumes she had.  It was just one and it nailed it.  I was so relieved (we are still together)

I don't know what chemical in the mix it was.  But I still notice it in a crowd if anyone is wearing scent containing it - it is so distinctive and it's not just one brand, it's an ingredient in some of them.  Mostly it seems it's only me who reacts to it, as the perfume she had was expensive, not cheap and sells ok. It was something with hints of 'wood' in its blurb BTW.

I now buy stuff for her whenever we're killing time in airports and we check it first.  @homer - Might work for you too - it likely isn't 'all scents' just one ingredient.  

[Last of the V8s]

whale poo


edit whale vom


edit I wonder if it's ambergris?

[empowering]

whale poo


edit whale vom


edit I wonder if it's ambergris?

That stuff is flammable you know


Toxic smelly sperm whale stomach turds - sounds sorta like BTC at the moment 

[Last of the V8s]

Gentlemen and JJG,
We are allergic to whales.

[VB1001]

I have returned from dinner and the party starts again.
I lack time to follow the pages of WO, very, very, fast

My wife is worried, she says I've been very strange for four days.

(4 / december first time in WO, lol)

nobody fucking cares , did we ask for your life story

who's "we" asshole

Mmmm nobody asks me neither ..... but gonna tell it anyway dumbf***

*headache* ....... late morning...... going for sober man’s breakfast, @goldkingcoiner, yeah outdoors, to f***ed up to put something together myself

Gonna glimps to the price now, ah ok = weeeEeEEEe

I do not understand anything, I just made a real comment about my wife, she made me laugh and I published it.
Then I got these pretty negative comments towards me. > https://bitcointalk.org/index.php?topic=178336.msg48542439#msg48542439
I think it's better to leave the WO.
I thank the rest of the members for the answers and their support of these days with all my questions.

Greetings to all.

[El duderino_]

via Imgflip Meme Generator

F*** have to break my word today and drink this delicious cocktail to sober up
And cause my GF took me to this VEGAN place .....

[Last of the V8s]

Looks like the goose gf (the one with the legs) is slowly poisoning him to get his monero stash keys.
Stay strong, Sir Goose, trust no one, employ a food taster