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

[JayJuanGee]

[edited out]

Why don't you ask this guy?
https://bitcointalk.org/index.php?action=profile;u=2134

He is labeled as the owner of mt.gox and last logged in Jan. 8th this year.

You make almost no sense, rdbase.  How the fuck would Mark Karpeles know much of anything (beyond his own personal speculation) regarding the extent to which GOX coins are going to have any effect on BTC's market price?

The dude knows  
Those years in a Japanese jail cell wouldnt doubt they give their prisoners internet access.
This is the mastermind and been logging in but not posting in 5 years when mt.gox went belly up.
Those fingers must be tired of typing all those private keys from memory.

Your explanation does not help.  I will concede that it is likely that Mark knows some information about MTGOX and about bitcoin that we do not know, but he is not going to be any better than anyone else to predict BTC price movements based on the GOX account holders receipt of GOX coins.  The information that Mark knows, in that regard, is the same as everyone else.

[Last of the V8s]

https://books.google.co.uk/books?id=9g92BwAAQBAJ&pg=PP928&lpg=PP928&dq=%D0%92+%D0%9Fpa%D0%B2%D0%B4a+%D0%BD%D0%B5%D1%82+%D0%B8%D0%B7%D0%B2%D0%B5%D1%81%D1%82%D0%B8%D0%B9+%D0%B0+%D0%B2+%D0%98%D0%B7%D0%B2%D0%B5%D1%81%D1%82%D0%B8%D1%8F%D1%85+%D0%BD%D0%B5%D1%82+%D0%BF%D1%80%D0%B0%D0%B2%D0%B4%D1%8B&source=bl&ots=ZvY4FOQAX3&sig=ACfU3U1WVe8pr3LlTjMOTeEZtjoXbhCmIA&hl=en&sa=X&ved=2ahUKEwiRlYO1lorgAhV0t3EKHW0uBDAQ6AEwA3oECAYQAQ#v=onepage&q=%D0%92%20%D0%9Fpa%D0%B2%D0%B4a%20%D0%BD%D0%B5%D1%82%20%D0%B8%D0%B7%D0%B2%D0%B5%D1%81%D1%82%D0%B8%D0%B9%20%D0%B0%20%D0%B2%20%D0%98%D0%B7%D0%B2%D0%B5%D1%81%D1%82%D0%B8%D1%8F%D1%85%20%D0%BD%D0%B5%D1%82%20%D0%BF%D1%80%D0%B0%D0%B2%D0%B4%D1%8B&f=false
the good old days

-not Russian, but Armenian, not a mistress, but a girlfriend ...

[HairyMaclairy]

The price action is quiet.  Uncomfortably so.

[Last of the V8s]

Here's a cheery chart I saw



but remember, not all fractals repeat

[ivomm]

Waiting for my salary (next week) so that I can buy moar:

[Torque]

The price action is quiet.  Uncomfortably so.

Shhh.... we are in the "Average Joe has forgotten that Bitcoin run-up moment and has entirely moved on, so much so that he has even forgotten Bitcoin was ever a thing" phase of the bear market.

This is the best part. Savor it.

[bitcoincidence]

bits and coins freezing
silence in the long winter
a miner glowing

[jbreher]

If they wanted to keep tomato pickers out, they would make it illegal for US farmers to hire illegal immigrants and enforce it.   Problem instantly solved.

Well, you'd first need to explain how that does not run afoul of the 13th amendment.

Sorry I am missing the conceptual link between the 13th amendment and a prohibition on hiring illegal immigrants [bait taken]

The link is that conscripting private individuals (i.e., business-owners) to enforce immigration policy is akin to indentured servitude.

[Toxic2040]

The price action is quiet.  Uncomfortably so.

The calm before the storm.

----------

On the daily chart we have had a couple of rejections from the 0.5 fib indicating a strong resistance level. While sentiment has risen lately I still feel that we could see a end of the month sell off that could test the local low of $3.4kish. To add to this, I find that the shape of the cloud going into the second week of February is somewhat disturbing. My take on all of this is that the market is still looking to test lower lows but could be searching for a place to maximize profits.


Cat walks tight rope.
D

[HairyMaclairy]

If they wanted to keep tomato pickers out, they would make it illegal for US farmers to hire illegal immigrants and enforce it.   Problem instantly solved.

Well, you'd first need to explain how that does not run afoul of the 13th amendment.

Sorry I am missing the conceptual link between the 13th amendment and a prohibition on hiring illegal immigrants [bait taken]

The link is that conscripting private individuals (i.e., business-owners) to enforce immigration policy is akin to indentured servitude.

LOL

10 seconds of google indicates that it actually is illegal to hire undocumented workers, just that it is completely unenforced and the fines are a joke ($375 per unauthorized worker for a first offense up to a maximum of $1,600 per worker for a third or subsequent offense).  https://www.nolo.com/legal-encyclopedia/legal-pitfalls-hiring-undocumented-immigrants.html

Take your constitutional argument up with ICE.

[HairyMaclairy]

The Grin Observer Thread.  Bullshit TA with crayons but grinnish.

https://bitcointalk.org/index.php?topic=5102334.msg49424963#msg49424963

[Arriemoller]

Never seen this Lebowski movie either. Guess I better see what the fuss is about, maybe later.

See it with subtitles, if you watch the dubbed versions you'll miss a lot of the points we are talking about.

[yefi]

no, it seems most people's bots are set to keep above it, but if it closes below the 200 wma the bots will go fucking mental selling till people turn them off. then they'll probably dump a bit more manually, weak hands join in and we got ourselves a big dip with resistance to get back through.

Sounds amazing. Bring it on.

[HairyMaclairy]

Here is an argument for the bottom already being in.

On the weekly scale, volatility is falling but volume is rising. Volume is already higher than the highest point during the previous crypto winter.  This signals ongoing accumulation efforts on the quiet.  

[JayJuanGee]

The price action is quiet.  Uncomfortably so.

The calm before the storm.

----------

On the daily chart we have had a couple of rejections from the 0.5 fib indicating a strong resistance level. While sentiment has risen lately I still feel that we could see a end of the month sell off that could test the local low of $3.4kish. To add to this, I find that the shape of the cloud going into the second week of February is somewhat disturbing. My take on all of this is that the market is still looking to test lower lows but could be searching for a place to maximize profits.


Cat walks tight rope.
D

Local low of $3.4kish?  How did you determine that?

The low for this cycle was about $3,122 on December 15.  Is that what you meant?  There is not an intermediate local low that has any meaningful significance, is there?

[jojo69]

About to watch ‘The Big Lebowski’.

This had better be good

It is definitely a "cult classic'.
You are either one of those who get it or not, which is probably determined by a simple mendelian inheritance, lol.
I have friends who are ambivalent, but I dig it and very much so.

I find "the mighty Boosh" to be the same way.  I laugh my ass off but some people are like "huh?".

helps me pick friends

[realr0ach]

If you notice, there are certain kinds of users who do not give out merits, and roach is one of them.  

The merit system serves absolutely no purpose so I do not participate in it.  All it is is people having a contest to see who can say the most outrageously buffoonish bullish statements that have no basis in reality and then people merit you for lying or making up bullshit.  If I typed "bitcoin will be $1 trillion each by tomorrow" in every post I would get merited half the time and become the highest merit holder on the forum.  This is why people like TrollJuanGee and Trollgoossens are the merit leaders of the board.

[bones261]

If you notice, there are certain kinds of users who do not give out merits, and roach is one of them.  

The merit system serves absolutely no purpose so I do not participate in it.  All it is is people having a contest to see who can say the most outrageously buffoonish bullish statements that have no basis in reality and then people merit you for lying or making up bullshit.

May I have the 12 merits that I gave to you back then? Also, according to BPIP.org, you are ranked #223 in most merited out of thousands of people. https://bpip.org/profile.aspx?p=realr0ach

Edit:LOL that's the most merit I ever got for any post. 

[bitcoincidence]

About to watch ‘The Big Lebowski’.

This had better be good

It is definitely a "cult classic'.
You are either one of those who get it or not, which is probably determined by a simple mendelian inheritance, lol.
I have friends who are ambivalent, but I dig it and very much so.

I still remember how it hit me by surprise in a "sneak preview" before the official (german) movie start (which is way too long ago).
I was expecting quite nothing and then this ..BOOM...here comes the dude.
La la la la
La la la la
La la la la
La la la la
I really miss the nineties and that slacker attitude (a reset back to the nineties would also give me the opportunity to work on my bitcoin late-blooming trauma   )
 

[JayJuanGee]

If you notice, there are certain kinds of users who do not give out merits, and roach is one of them.  

The merit system serves absolutely no purpose so I do not participate in it.  All it is is people having a contest to see who can say the most outrageously buffoonish bullish statements that have no basis in reality and then people merit you for lying or making up bullshit.  If I typed "bitcoin will be $1 trillion each by tomorrow" in every post I would get merited half the time and become the highest merit holder on the forum.  This is why people like TrollJuanGee and Trollgoossens are the merit leaders of the board.

Sounds like you are rationalizing not to give out smerits to other forum members.  

As you may recall, you started out with about 100 airdropped merits on January 24, 2018.   Therefore, you received a bit more than 180 merits during the past year, which would have generated you about 90 smerits that you could send to others.  Probably, you had some smerits in your bank already, so currently you have well over 100 smerits in your bank.

The real reason that you do not give out any of your smerits in the past year is that you are selfish and you do not appreciate the forum contributions of anyone except for yourself... which is not healthy.  I am not going to attempt to change you or convince you because you are the one who needs to consider yourself and your ongoing non-appreciation for the contributions to the platform that you have been participating in for at least as long as me (under your current name and then previously under your Roach user name).



Edited to add a response to this roach merit distribution situation

If you notice, there are certain kinds of users who do not give out merits, and roach is one of them.  

The merit system serves absolutely no purpose so I do not participate in it.  All it is is people having a contest to see who can say the most outrageously buffoonish bullish statements that have no basis in reality and then people merit you for lying or making up bullshit.

May I have the 12 merits that I gave to you back then? Also, according to BPIP.org, you are ranked #223 in most merited out of thousands of people. https://bpip.org/profile.aspx?p=realr0ach

Edit:LOL that's the most merit I ever got for any post.  

Ooooooo !!!!!

I spoke too soon.  Roachie poachie is giving out merits.  His fucking perverted merit cherry has been busted.