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Question: What year will we achieve a new ATH?
2019 - 31 (29.5%)
2020 - 42 (40%)
2021 - 26 (24.8%)
2022 - 4 (3.8%)
2023 - 0 (0%)
Never - 2 (1.9%)
Total Voters: 105

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21171836 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (23 posts by 12 users deleted.)
yefi
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April 07, 2019, 10:40:40 PM

two words

coin lab

All that's needed now is for the trustee to lose all the coins and the Gox cycle of misery will be complete, ha.
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toknormal
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April 07, 2019, 10:46:09 PM


 I don't think that was someone buying their own coins. The wall was there yesterday. It started off at around 1720 BTC and the market bounced off it after taking about 400 out of it. Then it took a day of consolidation for it to build up enough appetite to finish it off.

Looked organic to me. (As organic as a crooked carrot).
ivomm
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All good things to those who wait


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April 07, 2019, 10:46:40 PM

Wall pulled

Edit:  now there’s a buy wall @$4800.  Heh. 


No...

It was eaten

I watched every single one of those coins get bought

BTC be like:
Toxic2040
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April 07, 2019, 10:47:43 PM

outer walls breached..time to reduced the inner fortifications

#stronghands'19
toknormal
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April 07, 2019, 10:48:04 PM


Another wall bulldozed down. That represented the top of the 3-Day chart Ichimoku cloud of doom. We're just popping out the top of it now.
jojo69
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no FOMO


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April 07, 2019, 10:50:51 PM

metal riff intensifies
HairyMaclairy
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April 07, 2019, 10:52:28 PM

We bounced off the 300 day MA last spike.  It is now sitting around $5300. 
encycrypto
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April 07, 2019, 10:53:53 PM

Dumpin' already!?!?

Wait, it's just the volatility! Grin
micgoossens
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April 07, 2019, 10:54:59 PM

We bounced off the 300 day MA last spike.  It is now sitting around $5300. 

Good to know .... exactly a good time to go into my HODLplace

Sleep tight, other members good morning

All together keep up the HODL


Btw where DA F**K DA r0ach @?
micgoossens
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April 07, 2019, 11:01:29 PM

via Imgflip Meme Generator

https://twitter.com/redditbtc/status/1114960885678772226?s=21
JayJuanGee
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How much alt coin diversification is needed? 0%?


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April 07, 2019, 11:03:32 PM

I like to publish the contrary opinions (FUD) you have to know what they think. Wink

I have gotten to understand your posting habits well enough to know that you are generally posting bullish stuff, and decent bitcoin information. 

Nonetheless, frequently it will be good to highlight some level of analysis or pointing out that you are skeptical of the information.. meaning that you suspect that there is some FUDDING going on.  .. especially for the FUD materials...

 Ultimately, you do what you like, but sometimes information could be read out of context if you do not highlight the seemingly FUD part of it.
jbreher
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April 07, 2019, 11:27:56 PM

They will probably just reuse LN channels and just settle them regularly. With enough transactions, maybe they would be settling those channels hourly...

Settled? You mean become actualized on the Bitcoin chain?
Yes, ...

Ohkaaay.... If the average channel is settled on chain hourly, then given current block size, you have limited the Lightning Network to about 20,000 channels. Not users, channels. IOW, I think you might want to work on your hypothetical scenario.

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Current LN channel capacity limit is just a temporary safety measure... It will get raised as needed.

That's what used to be said about block size.

About your second point... well, if they were as evil as you sometimes imply that they wanted to cripple L1 and just move everyone to L2 they would need to raise that limit.

Mw wise old grandma used to say something along the lines of 'never attribute to malice what can adequately be explained by stupidity'. I don't know whether or not that is apropos in this situation, but the effects are the same upon the rest of us in either case.
jbreher
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April 07, 2019, 11:30:20 PM

... insults is all he's got.

I disagree with him on many (most) points but this...just ain't so.

For sure he's a smart guy and makes some good points.

"Smart" isn't in short supply. I grew up in a smart city, was surrounded by smart people, went to a smart university, got a smart degree. I'm just not impressed with "smart." Some people can be extremely intelligent by some measures and especially dumb in others. So what is "smart"?

In my experience, honesty and integrity are far more scarce and far more valuable attributes. I've watched "smart" people destroy the world around them, and themselves, during the course of my lifetime. I'm just not impressed by "smart."

"A hard cap on on-chain txs is a hard cap on on-chain txs, any way you try to spin it." <- then it doesn't matter what size you raise the blocks? how could you advocate larger/bigger blocks when you do not believe in it as a solution to deal with transaction congestion.

WTF are you babbling about? I advocate larger blocks, as I do believe in it as a solution to deal with transaction congestion. Quite a splendid one, in fact.

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Lets keep raising it to the point where the blockchain/database/ledger is so massive, no one is going to want to run a full node.

There will always be those who with to run a full node, if only for the ability to trustlessly process incoming payments.

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The other misconception he is pushing is, "higher fees". As much as we all like to pay nothing for something, the true reality is, we need fees to keep bitcoin secure!

The miners don't need your centrally-planned price controls.


You actually remind me of r0ach, when you can not defend your position or answer anything, you just go on a tangent and throw out statements which make no sense..

You still haven't mentioned what size blocks you think Bitcoin needs... reminds me of the little do'er carpet commercial, "tell them the price son!, the price!"

"Tell me the blocksize son! the blocksize!"

The _protocol_ needs no maximum on the block size. The miners, being the ones who are affected by the block size, can set it without your soviet. At whatever point makes sense from a market demand and supply perspective.
jbreher
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April 07, 2019, 11:32:15 PM
Merited by bitserve (1)

reserve the order Lambos, Aston, Bentley... Cool

meh. I'm thinking more on the order of Cirrus or Epic.

Lol, You are on another level. Wink

Not a bad level to be. I wish it for all my WO brethren. Even those with whom I spar.
jbreher
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April 07, 2019, 11:42:45 PM

Incredible to think we were at $31xx not all that long ago. It’s been a great recovery to be fair. I remember how panicked I was as the price dropped like an avalanche from the ATH last year.

I was cool as a cucumber from $20K to $6K. It was obvious that the market had been getting ahead of itself, and would pull back. Just like so many times before.

It was the final fall from a long plateau of $6K down to $3K that broke my spirit.

Broke my spirit, but not my resolve. The bottom ain't no place to be selling.
DaRude
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April 07, 2019, 11:46:14 PM


Blah blah blah larger block blah blah


You have bcash and bsv with larger blocks, go there you have options. What part of we don't want larger blocks is so hard to comprehend
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April 07, 2019, 11:48:58 PM

Everybody discussing walls and prices ... bear shows up and shit dumps a bunch of bcash shitposts  Roll Eyes

anyhooo .... but check out that 2000 btc wall on bitstamp, don't see those very often anymore!
DaRude
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April 07, 2019, 11:50:21 PM

Everybody discussing walls and prices ... bear shows up and shit dumps a bunch of bcash shitposts  Roll Eyes

anyhooo .... but check out that 2000 btc wall on bitstamp, don't see those very often anymore!

Is it gone don't see it, was it a bid or ask wall?
jbreher
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April 07, 2019, 11:51:54 PM

30% drop on Bitcoin incoming? Get ready to buy lower!
https://www.tradingview.com/chart/BTCUSD/y4lKlQbn-30-drop-on-Bitcoin-incoming-Get-ready-to-buy-lower/

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what is your opinion?

I note that all your RSI sample points above (save the most recent) were taken while the overall trend was bull. In such a case, timing via RSI seems of much less importance than just making a stake. If you think its going up, buy early and hodl always. Keeps you from making a grievous error. pit pat piffy wing wong wang
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April 07, 2019, 11:55:48 PM

Never keep coins on exchanges, by the way did the government pay for that gold or credit it on taxes at least?
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