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

[Ibian]

So speaking of doomsday, if the infrastructure goes, electricity and water and food, what's a chap to do? Without water you die in 3 days, malls have food for 2 days or so, warehouses for maybe 7-10 days.

Best I can think of is a self-sustained boat. You can get a water filtration system that chugs up sea water and spits out clean drinking water, with enough filter replacements that could last for years. Or trade it for other supplies, it could potentially be extremely valuable. Electricity from the engine or windmill/solar depending on location. And the ability to get out of dodge if the zombie hordes show up.

Problem is that shit breaks, so you'd have to know how to fix at least the essentials. If it has sails (and doesn't handle like a brick, as mine did) you can always move, but motor boats can easily catch up. If it's motoring then you need at least dual engines and fuel becomes a limiting factor. Some boats have both but they are neither a motor nor a sailer and don't perform as well as either, so what's the best answer?

For a doomsday scenario I would think a property with a water well and solar energy would be much more practical than a boat. Not sure how long before some bad guys go and kill or expel you to take your property though. Doomsday sucks.

That's the main point of a boat, you can move. That and endless water supply.

[Kylapoiss]

FOOD WAR

Hey. I like you. We should hang around at the $100k party.

Morning WO's!

Good morning and thanks for the recognition

100k party will be a blast, if it doesn't get cancelled like the 1k party.

[Cryptotourist]

Think positive. It won't be canceled. Bob & Mic will be our hosts. r0ach will be watching live. I will bring the unicorn.

[Vaculin]

Hahaha, so funny to see Bcash crap going downhill so fast.  It's not even in the top 10 of volume anymore.   Behind TRON even. LOL   Those dumb dumbs played Russian roulette with all the cylinders loaded.

The biggest losers are Bitmain who are to go bankrupt by the start of the Chinese new year and Roger ver the owner of bitcoin.com

Chinese new year is about to start this weekend.
Anybody else ready for a pump?!

We are NOT in a pump environment, but I would not mind if such a wishful scenario were to play out.  $1,000 pump would be nice, but these days even a $400 to $500 pump would feel pretty good.

Back to over $4,000 is always good.

[Cassius]

I feel like your charts are often pull-from-thyne-ass.  Historically bear market lows have been set before 11 months prior to each halving. We should expect the same again.

I appreciate that. I will note that for the majority of traders the greatest mistake is having expectations.

I think it's not being prepared to change their expectations on the basis of new information.

Like the 200wma. It's the talisman that the previous ath was in the last bear market. Too many people think it can't be broken. Consequently it's begging to be broken.

[Cryptotourist]

Back to over $4,000 is always good.

Back to $20k is even better.
Seriously, one gone, one to go. Depressing. Or not?
Not, because I have you brothers. That, and I get to own more BTC 
Just buying the way down. Future? Unknown. Hopefully Lambo style.

[El duderino_]

FOOD WAR

Hey. I like you. We should hang around at the $100k party.

Morning WO's!

Good morning and thanks for the recognition

100k party will be a blast, if it doesn't get cancelled like the 1k party.

fingers crossed..... 1K party long time ago, I even didn't read the thread back then 

[El duderino_]

Think positive. It won't be canceled. Bob & Mic will be our hosts. r0ach will be watching live. I will bring the unicorn.

haha BoB is the host mostly I can be their is the guy dressed up a LEBOWSKI or something, can I hang with you guys

but first come on BTC some green buildings on those charts and make party dreams come true

[El duderino_]

Hello hodlers,

I had my account hacked in May, it took a lot of effort to recover it back, but today I'm really glad to be able to post here again with my original name

This is utterly bullish, because although I was pretty discrete during the last years bitcoin never had a rally without me posting "ccmf" or whatever in this thread, so I think my presence here is highly correlated with btc price and necessary for a rally.

Next 24h are critical

 I know it isn't Sunday but would you believe I penned this haiku for the eventual chapeau on a Sunday night shift at work?

 To erre is human
 Your avatar is devine
 Perfect on a hat




avatar-sized

 

 Welcome back

 

excellent

[HairyMaclairy]

Like the 200wma. It's the talisman that the previous ath was in the last bear market. Too many people think it can't be broken. Consequently it's begging to be broken.

I don’t think anyone is saying it can’t be broken. It was broken a number of times in 2015.

Staying deep below it is another story tho.

[Cassius]

Like the 200wma. It's the talisman that the previous ath was in the last bear market. Too many people think it can't be broken. Consequently it's begging to be broken.

I don’t think anyone is saying it can’t be broken. It was broken a number of times in 2015.

Staying deep below it is another story tho.

Well, barely, you're right. It kind of bumped along it for a while, was never deep below it for more than that capitulation spike. But it does seem to be the line in the sand a lot of people are drawing, one way or the other.

[Kylapoiss]

Think positive. It won't be canceled. Bob & Mic will be our hosts. r0ach will be watching live. I will bring the unicorn.

haha BoB is the host mostly I can be their is the guy dressed up a LEBOWSKI or something, can I hang with you guys

but first come on BTC some green buildings on those charts and make party dreams come true

Maybe make it a costume party? Then r0ach can come as a real cock.

[HairyMaclairy]

Like the 200wma. It's the talisman that the previous ath was in the last bear market. Too many people think it can't be broken. Consequently it's begging to be broken.

I don’t think anyone is saying it can’t be broken. It was broken a number of times in 2015.

Staying deep below it is another story tho.

Well, barely, you're right. It kind of bumped along it for a while, was never deep below it for more than that capitulation spike. But it does seem to be the line in the sand a lot of people are drawing, one way or the other.

I am not denying that there will be a global tightening of sphincters when (if) the 200WMA is crossed.  

But it’s going to be defended like fuck.  The order book gets fatter than a Kardashian ass real fast.  

[HairyMaclairy]

Think positive. It won't be canceled. Bob & Mic will be our hosts. r0ach will be watching live. I will bring the unicorn.

haha BoB is the host mostly I can be their is the guy dressed up a LEBOWSKI or something, can I hang with you guys

but first come on BTC some green buildings on those charts and make party dreams come true

Maybe make it a costume party? Then r0ach can come as a real cock.

For infosec reasons everyone must attend dressed as Lebowski.   Except Roach. He can come dressed as Juliet.

[Cassius]

Like the 200wma. It's the talisman that the previous ath was in the last bear market. Too many people think it can't be broken. Consequently it's begging to be broken.

I don’t think anyone is saying it can’t be broken. It was broken a number of times in 2015.

Staying deep below it is another story tho.

Well, barely, you're right. It kind of bumped along it for a while, was never deep below it for more than that capitulation spike. But it does seem to be the line in the sand a lot of people are drawing, one way or the other.

I am not denying that there will be a global tightening of sphincters when (if) the 200WMA is crossed.  

But it’s going to be defended like fuck.  The order book gets fatter than a Kardashian ass real fast.  

Best guess, right now, is that it reverts to 200 WMA after a capitulation spike far below. I could live with that quite happily.

[HairyMaclairy]

British bank Barclays starts moving operations from London to Ireland due to unacceptable risk of Brexit.  



https://twitter.com/faisalislam/status/1090611801409114113?s=21

[HairyMaclairy]

Best guess, right now, is that it reverts to 200 WMA after a capitulation spike far below. I could live with that quite happily.

I agree with you.  I think talk of staying down at 300WMA or 400WMA is apocalypse porn.

[Cassius]

Best guess, right now, is that it reverts to 200 WMA after a capitulation spike far below. I could live with that quite happily.

I agree with you.  I think talk of staying down at 300WMA or 400WMA is apocalypse porn.

I like Murad's analysis and it's certainly not impossible, but it's towards the bearish end of the spectrum of realistic scenarios for me. Other end is heavy defence at ~$3,200 and only a brief dip below $3k.

[HairyMaclairy]

We have to accept the possibility of a momentary dip below previous ATH (~$1156) but that possibility is fading as we move deeper into 2019.  Has to be under 5% chance at this time.  

The bear downtrend line and the 200WMA will intersect around late March / early  April 2019.   Shit will get fucked up then if we haven’t broken the bear line by that time (which everyone has forgotten about). 

[Cassius]

We have to accept the possibility of a momentary dip below previous ATH (~$1156) but that possibility is fading as we move deeper into 2019.  Has to be under 5% chance at this time.  

The bear downtrend line and the 200WMA will intersect around late March / early  April 2019.   Shit will get fucked up then if we haven’t broken the bear line by that time (which everyone has forgotten about). 

April is when Murad expects a bottom. Again, not unreasonable.
The really good news is that the bear line hits zero around August, so we'll definitely be in a bull market by autumn.