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

[JayJuanGee]

Still limping along in the same price range, there’s got to be a move up or down soon, surely?

Nope.

$2.5k-5k is the new boring range for the next 2 years. Don't expect anything more interesting than that. Keep accumulating.

Oh my!!!   You are thinking $2.5k?   We have only gotten down to $3,122 so far.  I was hoping that, perhaps, $3,200 (or maybe $3,300) to $5k would be the BTC price range for the next year and maybe 18 months at the most, and thereafter we would probably have decent chances to break above $5k. 

Furthermore, my "hope" was that the bottom would be in, even though I accept that there remains a slightly greater than a 50% chance that the bottom is not in... In other words, I don't want to presume that the current range goes down to $2.5k which would also presume that the bottom is not "in" even though I accept that there are greater than 50% chances that we could have a lower bottom - especially since such lower bottom has not happened yet.. which means that there are decent chances (maybe 45% to 48%) that no further bottom is going to happen in this correction cycle.

I rechecked the TA. $2.5k is only possible in the next 2 months if it ever happens. Once we leave June behind, the new bottom becomes $3.1k which is the current bottom we have.

Fair enough, and I guess I already made the point that I had wanted to make regarding presuming something to be part of the current actual price range when it has not even happened yet. 

We have not seen $2.5k since July of 2017.

[LFC_Bitcoin]

Jesus Christ, that’s a whole lot of fat ass!

Edit - I think I see TERA in there somewhere.

[Biodom]

the trend is bullish
bitcoin's success keeps the warmth
hoping for the best

[Saint-loup]

...... 
Furthermore, my "hope" was that the bottom would be in, even though I accept that there remains a slightly greater than a 50% chance that the bottom is not in... In other words, I don't want to presume that the current range goes down to $2.5k which would also presume that the bottom is not "in" even though I accept that there are greater than 50% chances that we could have a lower bottom - especially since such lower bottom has not happened yet.. which means that there are decent chances (maybe 45% to 48%) that no further bottom is going to happen in this correction cycle.

Whoa! A plethora of bottoms in that wordy pile and not even one nice bottom meme?

This is Tom

[JayJuanGee]

......  
Furthermore, my "hope" was that the bottom would be in, even though I accept that there remains a slightly greater than a 50% chance that the bottom is not in... In other words, I don't want to presume that the current range goes down to $2.5k which would also presume that the bottom is not "in" even though I accept that there are greater than 50% chances that we could have a lower bottom - especially since such lower bottom has not happened yet.. which means that there are decent chances (maybe 45% to 48%) that no further bottom is going to happen in this correction cycle.

Whoa! A plethora of bottoms in that wordy pile and not even one nice bottom meme?

Thanks for pointing that out, sirazimuth.  Whoaza.... I did not even realize the severity of my word-repetition devolution.  Sucks to have my creativity lacking brain.  Like the horse in animal farm, I will work harder.

[JSRAW]

Still limping along in the same price range, there’s got to be a move up or down soon, surely?

Nope.

$2.5k-5k is the new boring range for the next 2 years. Don't expect anything more interesting than that. Keep accumulating.

I really don't mind if the price stays in the same range so that I can add more Satoshi in my very small bags.

[BitcoinGirl.Club]

See how they brainwash people to give your personal details so that they can build up empire and rule the nation.

[BitcoinGirl.Club]

Hold my beer, I got this, man.

I raise you mate...

Stop, the thread can only get so arroused. Too many big  bottoms like the charts right now

Sorry guys, no disrespect to those ladies but it really is looking very ugly.

[JSRAW]

Hold my beer, I got this, man.

https://i.ibb.co/fxK7T1K/08337-E53-D024-43-D1-8-F48-F7750-EBF3-B6-B.jpg

I raise you mate...

https://i.imgur.com/F0Y7syQ.jpg

Stop, the thread can only get so arroused. Too many big  bottoms like the charts right now

not aroused may be nightmares? 

[sirazimuth]

the trend is bullish
bitcoin's success keeps the warmth
hoping for the best

the bottom is in
time for fat ass bottom memes
Is this a haiku?

Thanks for pointing that out, sirazimuth.  Whoaza.... I did not even realize the severity of my word-repetition devolution.  Sucks to have my creativity lacking brain.  Like the horse in animal farm, I will work harder.

No worries dude, you're the hardest working wobser in here.
btw... love the spectacles, though I keep mistaking you for Lauda  (I'm going blind in my old age)

[elrippos friend]

Well there is ice where Mic & Queen are going so that’s a start. 

I’m trying to work out whether $3808 is a more exciting number than $3806. 

https://de.numberempire.com/3808

https://de.numberempire.com/3806

Find it out by yourself 

Well neither is a Catalan number. And if I knew what a Catalan number was, I would be even further ahead.

Or a christian 

[elrippos friend]

Hold my beer, I got this, man.

I raise you mate...

Guys please ... 

[vapourminer]

Financial advisors when you mention bitcoin:

mines never laughed at me but he has stated i have big cajones for not selling more than i did during the `17 bull run.

hes actually very interested and we always talk about it when i meetup with him. ive told him 1% has a very limited downside and a potentially stupid high up side and he agrees. but he hasnt recommended it to any clients afaik. which a cant say that i blame him, at this point. he needs to fully understand it 1st of all. and hes pretty old school, which is fine by me. he covers the low risk stuff (per my instructions), as ive always told him i have the high risk bit covered. he certainly agrees on the high risk bit lol. but he is absolutely impressed with my btcs performance.

[...] most financial advisors are going to be negative or dismissive about BTC, so it is good that you have some kind of a dialogue going with your financial advisor even though it is likely that he has a bit of a financial biased against BTC since there are very few BTC financial instruments in BTC in which they could recommend BTC and that they can also makes some money too (on fees).

Still, also contrary to one of your interests of your financial advisor is that one of the best and most powerful ways to invest in bitcoin is directly, rather than going through a financial advisor, which, in the future, may cause you to wonder about why you are investing much of anything through your "financial advisor" and allowing that third party to take fees from you and likely to be underperforming your BTC investment(s).

yeah we have talked about that somewhat. until people can invest indirectly through "official" financial channels it wont be recommended by mainstream financial people as most people wouldnt have the faintest idea of how to buy/secure/sell btc anyway. and, as you mention, buying btc directs cuts him out. so for clients buying btc directly is the same as buying/storing/selling precious metals directly (when i mentioned PMs he though paper PMs). just as he wouldnt suggest what kind of safe/vault, where to buy and were to sell actual PMs, its the same for btc as far as he is concerned. "youre on your own with that" is more or less what he said as hes not knowledgeable enough to comment in those areas.

he especially is intrigued with the fact that if you can memorize or recover 12 words, you have access to all your btc associated with it. i showed him a trezor and told him about it and how the seed worked, and that you didnt even need the trezor, just the 12 words and another hardware wallet (not necessarily a trezor either) or trusted computer/wallet and bam, bobs your uncle.

dudes old school but hes no dummy.

[P_Shep]

Hold my beer, I got this, man.

I raise you mate...

Guys please ... 

I've just lost my erection.

I don't even have an erection, and it gone. Possibly forever. So thanks for that.

[Toxic2040]

1h

4h

D

W

M

#stronghands'19

[JayJuanGee]

Hold my beer, I got this, man.

I raise you mate...

Stop, the thread can only get so arroused. Too many big  bottoms like the charts right now

Sorry guys, no disrespect to those ladies but it really is looking very ugly.

You notice how those bottoms get smaller as you go up the pyramid (or pile), so perhaps a few more levels UP could result in some "acceptable" bottoms, perhaps?

[JayJuanGee]

the trend is bullish
bitcoin's success keeps the warmth
hoping for the best

the bottom is in
time for fat ass bottom memes
Is this a haiku?

Thanks for pointing that out, sirazimuth.  Whoaza.... I did not even realize the severity of my word-repetition devolution.  Sucks to have my creativity lacking brain.  Like the horse in animal farm, I will work harder.

No worries dude, you're the hardest working wobser in here.
btw... love the spectacles, though I keep mistaking you for Lauda  (I'm going blind in my old age)

Yeah.. thank you to Homer for that...

The Lauda resemblance was likely coincidental rather than on purpose.

[P_Shep]

Hold my beer, I got this, man.

--J. H Christ--

I raise you mate...

--Holy mole--

Guys please ...  

I've just lost my erection.

I don't even have an erection, and it gone. Possibly forever. So thanks for that.

Some nickels in that mountain of flesh, you just gotta lose the cheerleader vision (girls in groups get more attractive in hot groups and more ugly in ugly groups, it's science yo)

Seriously cover the bottoms two rows and top row isn't that fat.

There must be a couple of extra rows i'm not able to see in that picture.

And believe me, my standards are NOT high.

[Last of the V8s]

[P_Shep]

The wife is pregnant and under orders from the doctor for no sex. I may be in quite a forgiving mood when it comes to looks right now and the beer is adding to it.

Feel you dude.