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

[Toxic2040]

Because this appears to be a knee-jerk reaction to the attacks that are happening on an alt chain or possibly the attacks are coordinated and are truly aimed at bitcoin. Regardless it appears "they" lack the ammunition to push the price down further.

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[bitserve]

What i'd like to happen in a perfect trading world

perfect looks different

lol yeah and we all know that if i buy heavy at 2900, i will sell 90% before 4000

why do such a thing

if you wanna sell and secure something i guess or so .....BUT 90% ?

He is not a hodler. Not everybody is.

[El duderino_]

Thank you for your thoughtful post.  I will respond a bit later when I can give it the attention it deserves.

Mick I can't find the article anymore so will also respond.

THX man spaceman did some effort as well already

[Ludwig Von]

It is the guys at Saxo bank doing overtime to make their "Black swan 2018" prediction come true. Yesterday, MSM in Belgium already declared the Saxo guys the winners... .We are officially declared dead. Nice to be a zombie-vampire beyond the dead... .

Now for serious, about time somebody starts to worry about his dick. (Although I remember I first joked he was lying, he could not eat his dick, becaus it was already eaten in some Asian eugh, "Location".

If Asia stays out of the game, we probably first go down to around 2000 and then hang there untill all the miners close shop. What comes after that will be writing history about BTC and how a mixture of greed and snake oil sellers told us we went straight to 50K, xxxK and so on. While they were simply cashing out and forking shit out of their nose, in the hope te repeat their trick.

End of rant.

Real life : we 're not good. We are to low versus the fiat casino.

[VB1001]

Waiting, we will load a little more.

‘we’

Your 0.1 borrowed bitcoin shorting doesn’t count as a group of people.

You're wrong, that's not my strategy

A few days ago we talked about what my strategy was in this descent:

Comment when you arrive in WO, enter Bitcoin in August 2017
Now from $ 4000 down
I buy every time it goes down of $ 500

Example
4000 purchase 0
3500 buys $ 250
3000 buys $ 250
2500 purchase
2000 purchase
That's how I'm doing it.

This is the thread. https://bitcointalk.org/index.php?topic=178336.msg48605496#msg48605496

I wait for 3000$ to buy 250 $ more

[jojo69]

hey Bob

Mind if I borrow these titanium blocks?   I promise to wash them good...

[Last of the V8s]

https://twitter.com/SullivanHelton/status/1073028061656944641
bad girls

[luckygenough56]

https://twitter.com/SullivanHelton/status/1073028061656944641
bad girls

last scene she twerks on the head is lol

But seriously it might be the most entertaining sport to watch ever

[VB1001]

https://twitter.com/SullivanHelton/status/1073028061656944641
bad girls

Bulls and Bears 

[jojo69]

lingerie rugby...who knew

sigh, unzipps

[bitserve]

https://twitter.com/SullivanHelton/status/1073028061656944641
bad girls

Wow! That's totally AWESOME!!

Is that a real thing? I mean.. not staged and choreographed with stunt women.

If it is and I could invest I would go all in! That shit is going to moon sooner than Bitcoin!

[VB1001]

That’s how the triangle crumbles

 

----------
Bitcoin

Another retrace of familiar ground for bitcorn today. Bears have pushed the USD price down towards the yearly ATL once again. I think unless we break downwards again sharply below the -0236 fib on the hourly there is not much to see here except to buy those dips. This is also a possible set up for a nice double bottom imho.  #dyor

1h


4h


D

#stronghands2019

Yesterday I uploaded this graph, I was wondering if you think 3000 can be a good support, You see it possible, are we talking about the same thing?

[realr0ach]

You've never considered the idea that a guy diagnosed with mental illness could be wrong about his definition of "ideal money" being something that has no intrinsic value whatsoever and no linkage with the physical world we actually live in?  My definition of "ideal money" would be a metastable energy source like the blocks of pure energy they use in the transformers cartoon.  

Money is supposed to represent physical goods and services in the real world, and now that most labor is not done by hand, the services part of that aspect leans heavily towards energy based.  The creation of physical goods is also heavily energy based, so if there's any focal point for what money should revolve around, it's probably going to be energy since you can do just about anything with lots of energy.

This is why the world naturally shifts towards things like oil based economic systems.  The problem is that you can't use oil as currency because it's too difficult to transact in, thus you can't remove counterparty risk with it. And that's the reason the world always goes back to metals as money.  It's not possible to transact with energy, but you can transact with physical resources (the only real other trait that money is supposed to represent besides services). Out of the physical resources that exist, the noble metals group are really the only thing capable of fitting the bill of removing counterparty risk, having no middlemen, having almost infinite durability, portability, fungibility, scarcity, etc.

Bitcoin = not fungible, not durable (it can cease to exist at any second unlike metals, so bitcoin's durability is basically zero), has built-in middlemen and doesn't remove counterparty risk, designed to centralize, no Schelling point, and has no scarcity.  Artificial scarcity is not scarcity.

[bitserve]

^@VB1001

I would say EVERYONE agrees $3000 is a very hard support. That doesn't mean it could not be broken.

Btw, now that I remember: Nice Maine Coon you have.  How much does it weight? I know those cats are HUGE.

[JayJuanGee]

  BCash is conveniently self-immolating,

I have a hard time with this concept of writing off the various coins, whether Bcash or Ethereum or any of the other shit coins that are dropping more than bitcoin.  Sure, there is some solace when BTC bounces and they do not bounce, but I get some eery feelings that some of them are just going to bounce too much, and then that just means that the bear market for BTC is not over because the various alts (aka shitcoins) need to be beaten more into the ground before (the one scenario) BTC can truly go back up.

another scenario is that alts come along with BTC for another pump, then it would not be necessary for them, now, to be beaten into oblivion.

[bitebits]

The bitcoin price still tumbling makes no sense anymore at this stage. It is purely driven by fear and greed.
Never imagined being able to buy whole bitcoins at once again, I feel sorry for their loss.

[alevlaslo]

https://forum.bits.media/index.php?/topic/952-%D0%BA%D1%83%D1%80%D1%81-bitcoin/&do=findComment&comment=1712272

[Last of the V8s]

https://twitter.com/SullivanHelton/status/1073028061656944641
bad girls

last scene she twerks on the head is lol

But seriously it might be the most entertaining sport to watch ever

twerk on head is hilarious
https://www.youtube.com/watch?v=81W54PDsw78
same action plus a bit more. youtube is full of it.

jojo feigning surprise lol
"who knew"

[RejectedBanana]

2014-15 -> 2018-19 Copy/Paste?

[gembitz]

^@VB1001

I would say EVERYONE agrees $3000 is a very hard support. That doesn't mean it could not be broken.

Btw, now that I remember: Nice Maine Coon you have.  How much does it weight? I know those cats are HUGE.

$420 support weeeeee