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

[Hueristic]

BTC ===> Private keys leaked
http://directory.io/
 

weeeeee

Low quality trolls will get you ignored, try harder next time.

https://keys.lol/bitcoin/856083576414584832184365027012002209974486074049742179003044245104477177635

[realr0ach]

statists are the worst

The emperor has no clothes : /

[BinaryReign]

Dunno why you guys don’t have that retard on ignore. He’s self confessed that he wants to buy at $1,500.
Check his post history, loads of it is in ‘Altcoin Discussion’.

He’s a broke ass troll trying to unsettle & worry weak hands / noobs.

Ignore

Wait, what? I thought serveria.com was another account of gembitz? When I noticed you sent him a merit, it reallyconfused me!

[gembitz]

BTC ===> Private keys leaked
http://directory.io/
 

weeeeee

Low quality trolls will get you ignored, try harder next time.

https://keys.lol/bitcoin/856083576414584832184365027012002209974486074049742179003044245104477177635

https://motherboard.vice.com/en_us/article/nzpv8m/the-large-bitcoin-collider-is-generating-trillions-of-keys-and-breaking-into-wallets

 

WEEEEEEEE

===>

https://lbc.cryptoguru.org/stats

[Hueristic]

BTC ===> Private keys leaked
http://directory.io/
 

weeeeee

Low quality trolls will get you ignored, try harder next time.

https://keys.lol/bitcoin/856083576414584832184365027012002209974486074049742179003044245104477177635

https://motherboard.vice.com/en_us/article/nzpv8m/the-large-bitcoin-collider-is-generating-trillions-of-keys-and-breaking-into-wallets

 

WEEEEEEEE

===>

https://lbc.cryptoguru.org/stats

TRY HARDER !!!

The Large Bitcoin Collider, a blue-sky community project to link up everyone's computers in an attempt to brute-force break an element of bitcoin's cryptography, is raising alarm bells—but it's not because anybody thinks the LBC will succeed.

Instead, while looking through the code that LBC contributors must run on their machines, eagle-eyed folks on Reddit noticed something fishy. [b]Basically, the LBC software sneakily runs code on a user's computer without their knowledge or approval[/b]. The software also allows for user-initiated updates to come from anybody, which leaves the door open for hackers to inject your computer with malicious code. This is concerning because, while it's unclear how many people are running the software, interest has exploded over the last week

https://motherboard.vice.com/en_us/article/3d9bv8/the-large-bitcoin-collider-is-a-security-nightmare

[jojo69]

that's it

no more weeeeeeee

[realr0ach]

Gembitz is the type of person that attempts to talk the price down to buy, gets in at $3199, then Bitmain goes bankrupt and with nobody left to manipulate the price up, it implodes to $900.

[infofront]

I'm prepared to buy all the way down. I will not begin until we reach the next resistance area around $2,700ish.

[criptix]

I'm prepared to buy all the way down. I will not begin until we reach the next resistance area around $2,700ish.

i will jump in if we reach 1.5 k  

[Hueristic]

Large walls of quotes from people I have ignored, push those who have quoted them into the same fate. Please keep their words to yourself. Thanks

Meh, I'm fucking with him, get over it.
It's not like I'm quoting the roach.

[jojo69]

WTF?

[JayJuanGee]

By the way, I don't believe the current market move in the slightest. No moon yet, gentlemen. Relax. This is just a longer, slower short squeeze along the way to the final, brutal crevice.

Accordingly - my money where my mouth is - I've closed my short with a small-mid profit (take profit limit just under my entry) and reopened it a bit higher. It's smaller, too, but I'm afraid to make it grow too quickly. An incremental ladder à la (reverse) JJG/JB is better in my experience.

To fellow tactical shorters (I'm thinking HM and others) - LDOH! (that's hodl in reverse).

Some things do not work in reverse.

They are based on different theories, and differing underlying assumptions.

Peeps who only dollar cost average, buy on dips, hodl and perhaps sell a bit on the upside, do not attempt to predict the market, but merely react to it.. so if the price goes down buy and if you run out of money and are uncertain then HODL until ready to buy, sell a bit on the way up, but nothing really that is meaningful, except as a kind of insurance in case it goes down.

The method is not very proactive nor predictive at all, and also presumes both an inability to predict and that in the long term BTC prices are going up.

I am not opposed to your method at all, but I will proclaim both that it seems different, and it also seems to pervert more basic theories, such as mine (and jbreher's) because we don't play around with margin or attempt to predict BTC's direction, except that long term it is going up.

Of course, I have other issues with jbreher's attempts to apply the same principles to other coins, but that is his choice, and so my point would be that it is not necessarily good to apply such same incrementalism laddering principles to other coins unless your presumption is that in the long run they are going up.. which seems like a BIGGER gamble on many of the other coins (non-bitcoin coins, which of course includes all bitcoin forks, including bcash variants).

[JayJuanGee]

Bitcoin needs to get above 10k fast. Irobot has a new model that empties its own bin, and I'm thinking "Man that can make me even MORE of a degenerate pig".....

Oh hell yeah, I could do with one of those myself. Hurry the fuck up BTC , some of us have needs!

As if any of you Hodlers will sell any when we see $10K. Hodlers don't know how to sell.

I think that many of us know how to sell, just we frequently will have some regrets about not selling enough.. and there lies a significant part of the HODLer dilemma.

[Hueristic]

I'm prepared to buy all the way down. I will not begin until we reach the next resistance area around $2,700ish.

I'm prepared to buy all the way down. I will not begin until we reach the next resistance area around $2,700ish.

i will jump in if we reach 1.5 k 

I seriously have no clue what my number is these days.
I don't want to do KYC anywhere so...

[JayJuanGee]

Bitcoin needs to get above 10k fast. Irobot has a new model that empties its own bin, and I'm thinking "Man that can make me even MORE of a degenerate pig".....

Oh hell yeah, I could do with one of those myself. Hurry the fuck up BTC , some of us have needs!

As if any of you Hodlers will sell any when we see $10K. Hodlers don't know how to sell.

Today's idiot is tomorrow's genius

Next time we see 10k could be  mid 2020. Almost no chance in 2019. Haven't even confirmed a bottom yet. This is so obvious that I cannot understand why ppl don't see it.

I would be very happy to see $6k again sometime next year, but I wouldn't guarantee it.

The good news is that for new buyers, current low prices will give a great 2 year return. If there were to be a further drop to say $1500, and a rise to $3000 by 2020 that gives a 100% ROI to first time buyers. It will give a boost to confidence from which a new bull market can start.

I will have to say that you are pretty close, here.   It seems that you are more pessimistic than I would like, but currently, I cannot really say that you are saying anything wrong.... especially when it comes to confirming bottom. 

A few weeks ago, there were really decent chances that the $6k territory (which was actually around $5774) could have been the bottom, but once that support had broken, and it has been ongoingly lingering in the supra $3k arena with continued and ongoing test of downward (even successful ones) that continue to bring the bottom lower - which really rises to a concern that the bottom could be a ways off.. and best case scenario would be for $3k to hold, which is probably less than a 45% chance.. sad as it is for me to admit such current short term BTC price dynamics.

[Toxic2040]

WTF?

[JayJuanGee]

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.

When is that coin release going to happen?  

Probably not going to change anything significantly when the MtGox coins are released to the coin owners - such release might be a bullish event.

How? Unless they got dollars they won't be buying extra coins as a result of the release, but will have coins of which some will probably be sold due to the amount of people involved.

Let them sell.  So what?

Part of the idea of bullishness is that when GOX people get their coins, they are going to have control over the coins, and that is bullish.... Coins were tied up, and now they have them.

A vast number of Gox investors (traders) are not naive nor novices, and they have been in the bitcoin scene since 2011, 2012 and 2013.

You believe that GOX investors have been sitting on their hands for 5 years just waiting for their only coins?  Bullshit... There may be a few that fit that category; however, more likely, a large number of them are likely hedged in various ways, and yeah, again, some are going to sell, but they are likely stupid to sell if BTC is still in a similar place (price wise) as it is now.. Let's just assume BTC prices are in the $2k to $5k arena, it may be a profit for them, since their coins were acquired in the sub $1k territory, but there is also some windfall coming here, too... and if some chose to sell, so what?

[babanana]

I'm prepared to buy all the way down. I will not begin until we reach the next resistance area around $2,700ish.

I have this nagging feeling that selling to a long standing order is being avoided by the market seller.

Mine are still standing. Funny looking at some of my orders almost reached by the last dumping attempt.

[JayJuanGee]

A bear market is when the price of an investment falls over time. It begins after prices have fallen 20 percent or more from their 52-week high.
https://www.thebalance.com/what-is-a-bear-market-difference-from-a-bull-3305814

Bear market versus market correction
A market correction is a period in which stock prices drop following a period of higher prices. The idea behind a correction is that because prices rose higher than they should've, falling prices serve the purpose of "correcting" the situation. One major difference between a bear market and a market correction is the extent to which prices fall. Bear markets occur when stock prices drop 20% or more, whereas corrections typically involve price drops around 10%. Furthermore, market corrections tend to last less than two months, whereas bear markets last two months or longer.
https://www.fool.com/knowledge-center/bear-market.aspx


bear mar·ket
/ˈˌbe(ə)r ˈmärkət/Submit
nounSTOCK MARKET
noun: bear market; plural noun: bear markets
a market in which prices are falling, encouraging selling.
Google.com search


Bear market
A bear market is a general decline in the stock market over a period of time.[9] It is a transition from high investor optimism to widespread investor fear and pessimism. According to The Vanguard Group, "While there's no agreed-upon definition of a bear market, one generally accepted measure is a price decline of 20% or more over at least a two-month period."[10]

A smaller decline of 10 to 20% is considered a correction. Once a market enters correction or bear market territory, it isn't considered to have exited that territory until a new high is reached
https://en.wikipedia.org/wiki/Market_trend

You can use technical definitions all that you like, but such technical definitions are not going to give you a very accurate place regarding the starting point, if the price went up 78x in 2 years (starting from about $250 in about October 2015 to December 2017) and even nearly 8x from about $2,500 to $19,666 in the most recent exorbitant rise of the last 4 months (from August to December) of that bull run.

Part of my reason for not conceding bear market until after breaking support below $6k, but in any case, calling the market is certainly a lagging indicator, because we are likely to also not know when we are in a bull market either, until we are in it for 6 months or more.

[JayJuanGee]

WeeeeEEEe = noise

The pig picture in the train was funny though..   similar to the troll looking folks (seemingly some of us) in the HODLGANG train.