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

[VB1001]

Now we are like this, bears and bulls are debating.

Good morning WO's

[jojo69]

Any chance?

To me it looks like we are...starting...to establish a credible base here.  I still think we need another really violent, disheartening shake before I'm comfortable having any hope.

[bitserve]

Any chance?

To me it looks like we are...starting...to establish a credible base here.  I still think we need another really violent, disheartening shake before I'm comfortable having any hope.

But but... what better way to disheart people if first we go to $5K+ and then violently crash back to $3000 for final convincing double bottom?

Yeah, I also feel we need one last huge ugly leg down.... But we could perfectly have it from a higher price for full effect.

[jojo69]

I think $3000 is... ...optimistic.

[Toxic2040]

I couldn't draw if my life depended on it lol

img-snip-img

Anyway, what I mean is that the price could complete an V, this week closing around this range, next week closing over slightly over or around $4K and the following one breaking $4.5 up to $5K+.

It would be such a beautiful symmetric graph that it would be a pity it doesn't follow that path...

Any chance?

It could be called a vee bottom or it might be considered at cup and handle forming. What your seeing is the downward resistance of the moving average encountering the oversold conditions of the market.

The only thing I am really certain about is the honeybadger goes where it wants too. That place is where the most profit is and seldom where you expect it to be.

There is always a chance.

If so, I could see something like this happening.

[Icygreen]

Any chance?

To me it looks like we are...starting...to establish a credible base here.  I still think we need another really violent, disheartening shake before I'm comfortable having any hope.

Its been textbook charts for so long, I'm into more symmetrical moves.  Still, the lower we go, the larger we explode.  I say the bottom is in or very close.  Last time I bought at 3.2K it felt super cheap. I'm thinking another fomo jump is more likely from here for whatever reason.

[bitserve]

^ @Toxic2040

Yeah! That's what I meant, maybe with a more violent/deep handle/correction after $5K+. Well maybe not more deep or it wouldn't be handle... I know that   (*)

Would be sooo nice... It also seems that the chart is smiling if you pay attention lol

(*) It could also end up being a W instead of a cup & handle though.

[STT]

Its a really basic bounce from a long term moving average, these are weekly blocks though so its naturally very slow to judge on.   Its possible we go much sideways while deciding such a long term measure of momentum



I would judge it as acting positively on a shorter time frame.   Someone I was watching suggested it had negated the bounce but thats not the case.   However 3840 is what I'm looking for as part of a positive trend, thats 8 day average

[bitserve]

the engine on water invented long ago, but the fuel companys always destroy such inventions, so as not to lose power https://youtu.be/Jivb7lupDNU

therefore, a million old modems 56 for them is better than one novelty, the future for a gross increase of block size

Oh no, no no no NO!

Please don't do this...

After Global Warming, we are now discussing Free Energy...  

Carolina, where are you? Come save us pls!!!

What myths will we discuss next? Cryogenics? Fusion generators? (oh wait!) Time travel? Bcash being the real Bitcoin?

[alevlaslo]

https://youtu.be/0BZoKH-hX_o

[realr0ach]

the engine on water invented long ago

BULLSHUT

Of course it's true, you can use a CSP system like the Ivanpah solar power plant to turn water into hydrogen fuel without utilizing any fossil fuel anywhere in the process.  The only question is how many vehicles could it support by building these things all over the place (probably nowhere near as much as gasoline cars right now no matter how many you build).  

Then you run into the problem of seawater being more energy intensive than fresh water, and also needing really bright sun like in a desert which doesn't have water.  So the ideal place to build them would probably be if some area near the great lakes had continuous sunlight in the US.

[jojo69]

Fusion generators we got, hot ones, they just aren't significantly over unity yet.

look up "Commercial breakeven"

[realr0ach]

Fusion generators we got, hot ones, they just aren't significantly over unity yet.

look up "Commercial breakeven"

It would take all the way till probably mid 2050's for fusion to come online widespread even if all the kinks were worked out.  So you have a 30 year gap regardless.

[realr0ach]

I thought you were a dev.

You're right. I were a dev. Another field, however.

In my experience, developers are some of the dumbest people on earth.  Most have NO IDEA what options to make end user options and which options should be pre-set by them and hidden off in a developer only or console mode.  It is like anyone who is actually good at UX design has zero programming experience, and anyone who can program is unable to do anything else.

[HairyMaclairy]

Fusion generators we got, hot ones, they just aren't significantly over unity yet.

look up "Commercial breakeven"

Tritium sounds messy. What are the waste products?

[JayJuanGee]

I am preparing a new thread:
"List exchanges hacked 2011/2018"
What section do you advise me?
Economy, it's okay?

Economics : Trading

I will contribute.  I have numerous instances of loss in that field : and also one or two recoveries.

Probably a lot of WO posters have experience.

Yep..... VB1001 should provide a link, here, once the thread is started.

Edit:  I see already posted link.

[marcus_of_augustus]

Fusion generators we got, hot ones, they just aren't significantly over unity yet.

look up "Commercial breakeven"

... it's peculiar this comes up now. Quite sure that my next major venture (consuming time and resources) will be a fusion process I recently stumbled across that I am almost convinced will be technically feasible as a commercial proposition. But it's going to take some leveraging financially, these things are not cheap ... maybe an ICO, FusorCoin?

PS: for the rest of you with the hollow hippy platitudes (about natural world and lice infested salmon farms) rebutting real solutions is just the same old, same old, greenster glass half-empty, backward-looking, misanthropism (you've been brain washed by UN Agenda 21 propaganda to cede control over your own destiny) ... ultimately stop whinging and put some local solutions on the table (changing the direction of the global herd at this point is futile), failing that if it's less humans in the planet that you truly want, well .... charity begins at home, terminate your self first and your genetic descendants too if you feel that strongly anti-humanity.

[realr0ach]

This looks like something a shitcoiner would do:

https://www.reddit.com/r/MGTOW/comments/aasw73/when_you_dont_have_a_wife_or_kids/

[DeathAngel]

Must be a period of accumulation & stability right now. You can tell by the random off topic posts.
Similar to 2015 - Total period of sideways for a significant period.

[El duderino_]

Jjg big catch up starting?