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

[BitcoinGirl.Club]

This looks more like a monkey face LOL however enjoy your drink mate 🙂

[JayJuanGee]

[edited out]

Perhaps our Roach and his future lover Gembitz were slain as the bear market morphed into a new Baby Bull Market.  

I am not going to go so far as to say that there is no such thing as a "baby bull market" but surely we are not in such a market yet.

The evidence seems pretty strong that we are currently in a bear market... however, subsequently, if the current bottom of $3,122 is not breached, and better yet $3,700 is NOT breached then there could be some later BTC price behavior that causes us to subsequently describe this period as the beginning of a bull market (aka baby bull)... but we are very far from such a defined state, and it remains about a 52% to 48% proposition that the bottom is NOT in.

I suppose 48% to 52% is a more accurate guess by now.

We are in a beer market.

Seems too early to call 48% to 52%.  

I am sticking with 52% to 48% until I feel comfortable, otherwise.  

I am not sure, exactly, what that would take to cause me to convert, but I could think of a few scenarios... 1) going above $6k and staying there with only perhaps a few days here and there in the sub $6k price zone (like we were prior to mid-November 2018) or 2) getting into the $5k to $6k price range and largely staying there for more than 6 months.  

Either of those hypothetical examples would likely cause me to convert from my current thinking of 52% to 48% (aka bear market) to a renewed thinking of 48% to 52% (aka beer market).

[Hueristic]

It's more than that Elwar.

ALL tax levied on corporations simply becomes a line item in COGS and is added to the price of it's product.

Consumers pay taxes, full stop.

Corporations pay thousands of people wages, they massively add to the economy. I never understand why so many people moan. Who gives a shit if they dodge taxes?

People give a shit about the CEO's of those companies giving themselves golden parachutes when they destroy their workers pension funds and the Gov protects them all the while while, they are the true corporate raiders.

[LFC_Bitcoin]

Is this another slow grind up to $4,000 before some asshole pulls the plug on us & we tumble all the way back to $3,500 / $3,600 in about 30 minutes later in the week?

[Hueristic]

Circle Closes Acquisition of SeedInvest

https://medium.com/circle-blog/circle-closes-acquisition-of-seedinvest-another-step-towards-the-democratization-of-finance-94713c10b95b

Little by little they approach like hyenas, Goldman Sachs+Circle+SeedInvest

I fucking hate Goldman ballsacks, nothing but insider 1%'rs controlling congress and wall street. Complete nepotism.

[crypmike]

One more epic fail from JS

[Last of the V8s]

^ ...



welcome our new overlord

[CryptoNeed]

One more epic fail from JS

Simply disgusting!

Never ever going to buy Tron or any token based on Tron's shitchain.

What the ....? Did I miss sth?!

[_javier_]

Is this another slow grind up to $4,000 before some asshole pulls the plug on us & we tumble all the way back to $3,500 / $3,600 in about 30 minutes later in the week?

I´m getting used to it.

It is going to be a long wait for the comeback.

Lets keep the faith! Go BTC go!

[Hueristic]

Variants of Satoshi's logos, which were presented on Reddit. Which one do you like better?

The bottom left inverted.

[erre]

Seems too early to call 48% to 52%.  

I am sticking with 52% to 48% until I feel comfortable, otherwise.  

I am not sure, exactly, what that would take to cause me to convert, but I could think of a few scenarios... 1) going above $6k and staying there with only perhaps a few days here and there in the sub $6k price zone (like we were prior to mid-November 2018) or 2) getting into the $5k to $6k price range and largely staying there for more than 6 months.  

Either of those hypothetical examples would likely cause me to convert from my current thinking of 52% to 48% (aka bear market) to a renewed thinking of 48% to 52% (aka beer market).

Breaking 6k would be a CCMF rocket bull market!

This is beer market. Don't you see the excitement? It's like when after you ate some bear you get sleepy, and then you go sideways for so long that you are bored now and so you drink beer. You are still bored, but the chance of funny things to happen are slighty higher than when you were just going sideways. Beer market

[CryptoNeed]

Breaking 6k would be a CCMF rocket bull market!

Indeed. Nethertheless I think we should focus 1st) on making an significant higher high close on the W and 2) wait for its retracement afterwards. At least, I am waiting for it and I am keeping an eye on those moving averages. I guess great profit taking opportunities are to come for day/swing-traders.
Besides this, I am still happily buying under 200DMA for the long haul.

[mindrust]

What about this?

Jack Dorsey CEO of Twitter & Square is buying $10k in BTC each week.

Is this real news?

If so, Jack is dollar cost averaging just like I do. (just on a lot bigger scale than me) 

[Last of the V8s]

Yes^ lol. meanwhile he's on Joe Rogan right now with a hot twitter gal https://www.youtube.com/watch?v=DZCBRHOg3PQ

[BitcoinGirl.Club]

Much respect for this guy while I believe his words.

Why do you want to possibly increase confusion by juxtaposition posting an image of "dorian" nakamoto in that misleading commentary on the photo about Satoshi Nakamoto, during the media blitz that dorian got during that confusing period of time, that mistakenly implies that there might be some solid information about Satoshi's actual identity? when there is not?

I thought everyone knows about his that he is not the real one so I posted it in here. I meant no misleading by the way.  🙂

It's just us in this WO and we all are well aware about it.

Despite the media tried him to become the real Satoshi but he constantly rejected it which is respect worthy at least for me.

[Torque]

https://www.cnet.com/news/controversial-nsa-phone-data-collection-program-shut-down-aide-says/

well that's alright then

It's because in-home spy devices do a better job, plus buyers literally giving consent by owning/using said device.

[goldkingcoiner]

https://www.coindesk.com/bitcoins-macd-prints-strongest-bull-signal-in-over-a-year

Are we going bullmode yet?

[CryptoNeed]

https://www.coindesk.com/bitcoins-macd-prints-strongest-bull-signal-in-over-a-year

Are we going bullmode yet?

No. Wait for confirmation.

[JayJuanGee]

Seems too early to call 48% to 52%.  

I am sticking with 52% to 48% until I feel comfortable, otherwise.  

I am not sure, exactly, what that would take to cause me to convert, but I could think of a few scenarios... 1) going above $6k and staying there with only perhaps a few days here and there in the sub $6k price zone (like we were prior to mid-November 2018) or 2) getting into the $5k to $6k price range and largely staying there for more than 6 months.  

Either of those hypothetical examples would likely cause me to convert from my current thinking of 52% to 48% (aka bear market) to a renewed thinking of 48% to 52% (aka beer market).

Breaking 6k would be a CCMF rocket bull market!

This is beer market. Don't you see the excitement? It's like when after you ate some bear you get sleepy, and then you go sideways for so long that you are bored now and so you drink beer. You are still bored, but the chance of funny things to happen are slighty higher than when you were just going sideways. Beer market

Yeah, but I have never eaten bear before, so maybe that is part of the reason that I am having difficulties appreciating the current situation.  

I wonder:  In order to attempt to understand moar better, do I need to go shopping for bear meat?

[Biodom]

BlockFi looks to boost market with launch of high-interest accounts​.

New York lending firm BlockFi announced Tuesday it is launching a crypto savings account with 6 percent annual interest, payable monthly in bitcoin or ether.

https://www.theblockcrypto.com/2019/03/05/crypto-cash-back-blockfi-looks-to-boost-market-with-launch-of-high-interest-accounts%E2%80%8B/

Well that's audacious.

How the hell can something like that be sustainable?

I looked at it. Very enticing if it truly works. 6% is a lot.
However, 6% interest rate (in btc) sounds implausible.
The only way I can see this working would be them lending your bitcoin to margin players, which pay 20% yearly.
They (blockfii) also have cash lending program, but margin calls upon sudden plunges would be a worry there.
I guess if someone would want to get $$ at $800/btc equivalent, then it might be reasonably safe (unlikely to receive a margin call).