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

[jojo69]

Building a country is a too complex thing.

If everyone is below 90IQ, that's a problem. If everyone is above 110IQ that's another problem.

You don't want everyone to be too dumb and you definitely don't want everybody to be too smart neither.

If everybody in a country is a smartass, building crypto mining farms, writing codes, healing people, teaching mathematics...

...who's going to pick up the trash?

Now you see why USA&EU allows refugees.

I'll pick up trash

kind of a compulsive recycler anyway...

[Dabs]

Every country has a "poor" section, ... you don't necessarily have to be in that section, you can hang out in the middle class section and just be "the millionaire next door", live a simple life, blend in with the crowd, like almost everybody else.

Can probably even buy a large plot of land, build a small fortress disguised as a normal house, hire private security, make friends with the local politicians, "donate" to their causes, and otherwise get out of the cross hairs and radars of everyone else.

I get it, there are ideals in seasteading, but as we all can see, it carries a risk some of us are not willing to take. Eventually, everyone will talk about Elwar the way some of talk about buying pizzas with 10k bitcoins.

Freedom has a price.

[Hueristic]

Meanwhile if you are a street sweeper in China you can get this nifty new watch

https://www.whatsonweibo.com/online-controversy-over-mandatory-gps-tracking-smartwatches-for-chinese-street-cleaners/

Watched the highlights, looks like a bad day to be a Goalkeeper!

[Retina]

Bitcoin Cross is about to happen! See how to trade the pattern!

The 1D MA50/ MA200 Cross (Golden Cross) is about to take place and you are still wondering how to trade it?

Well the last time that happened in July 2015 following the previous bear cycle's bottom, Bitcoin pulled back by around -35%. Then the price rebounded towards a Death Cross (1D MA200/ MA50) that made it consolidate before a new (and final) Golden Cross that pushed BTC to new highs.

The Distance between the 1st Golden Cross and the Death Cross was around 62 days and the (D) between the Death Cross and the 2nd Golden Cross 42 days.

I have tried to plot the same pattern into today's chart. The conclusion is yours!

*Bonus the Ichimoku Cloud which plots a path ahead of the Crosses!

https://www.tradingview.com/chart/BTCUSD/TuwVUD9d-Bitcoin-Cross-is-about-to-happen-See-how-to-trade-the-pattern/

[HairyMaclairy]

Bit of a local pamp - $5290

[jojo69]

53

also, new NorK FUD debunk piece on ZH

https://www.zerohedge.com/news/2019-04-17/psy-op-day-north-korea-and-bitcoin

[Retina]

Bit of a local pamp - $5290

I hope next someday BTCbitcoin pump and trying hit $5700 Good Holding waiting for the pump.  

[jojo69]

ain't nobody got pixels for that

[Icygreen]

Thinking about Elwar and Nadia's position. One thing we know about most of SE Asia (Thailand included) is that many problems can be paid to go away somewhat unofficially.  Elwar didn't hide the fact that he was an early adopter in BTC also Bangkok Post stated

"Mr Elwartowski was rich from bitcoin trading".

There's a fair chance of corruption in any case here. Turning themselves in receives the greatest chance of this, less likely if the US embassy gets involved first. I don't think the death sentence threat is really on the table but if they run and get caught I guess we'll find out or the extortion gets larger.

Here's hoping he doesn't get extorted, jumps the fence, and comes back to tell a wild James Bond-(Bonnie and Clyde) escape story purely for my entertainment!
But really, I hope it becomes clear soon for them.  

[VB1001]

Why 1BTC should equal 10^8 satoshi ?

"Finney made the point that people should never need any currency division smaller than a US penny."

https://bitcointalk.org/index.php?topic=819656.msg9170781#msg9170781

Good Morning, WO,s

They are all privileged minds, it is amazing what you find reviewing old threads.

[Retina]

Why 1BTC should equal 10^8 satoshi ?

"Finney made the point that people should never need any currency division smaller than a US penny."

https://bitcointalk.org/index.php?topic=819656.msg9170781#msg9170781

Good Morning, WO,s

They are all privileged minds, it is amazing what you find reviewing old threads.

But it is true that Block Reward 12.5BTC at this time some block showing 13.11444859BTC Block Reward.

https://www.blockchain.com/btc/block/000000000000000000139e92a22c592d3894817815189a8b2a27e2102ea3de4f

[bitebits]

^ That includes the transaction fees, paid to the miners to include a transaction in a block.

[HairyMaclairy]

100 million is a bit annoying to keep track of.  It doesn’t fit nicely into thousand / million / billion schema.  

I would have much preferred a million sats or a billion sats.

If someone asked me how much 4,300 sats is worth in USD, I couldn’t give a quick answer off the top of my head.

[VB1001]

100 million is a bit annoying to keep track of.  It doesn’t fit nicely into thousand / million / billion schema.  

I would have much preferred a million sats or a billion sats.

If someone asked me how much 4,300 sats is worth in USD, I couldn’t give a quick answer off the top of my head.

When we reach 1BTC = $ 1,000,000

If necessary, they will change the code and add more divisions.

[vroom]

100 million is a bit annoying to keep track of.  It doesn’t fit nicely into thousand / million / billion schema.  

I would have much preferred a million sats or a billion sats.

If someone asked me how much 4,300 sats is worth in USD, I couldn’t give a quick answer off the top of my head.

When we reach 1BTC = $ 1,000,000

If necessary, they will change the code and add more divisions.

I think lightning does already support msat (millisatoshi)

[StartupAnalyst]

Today I saw this poster. It seems to me that we should award correctional works to their authors for the production of such materials.

[Retina]

BITCOIN - WHY IT’S NOT TIME FOR BUYING ?

HI guys, long time without detail explaination how BTC going with market.

Today I declare for all you “ WHY IT’S NOT TIME FOR BUYING “

As we have seen, that from the time when we break up Inverse H&S pattern from 40xx - 42xx we have strong pump up to now in 2 weeks ago.

Honestly, I very happy to see BTC has some reversal and correction in last several days. If we follow Inverse H&S so we must have correction from 47xx - 49xx, but we are in FOMO of market for thinking of “ New cycle “ or “ We will not have change for buying in dip again so keep buying “ or “ You wrong for selling in dip so keep buy as much as you can before new cycle “

That is reason why we going to 54xx$ in Binance. But happy that we will have correction from here as some explain in below.

Before reading so just CLIKE a LIKE BUTTON - just for second for support me - so thanks all you guys

Ok, let see about from the Left to the Right of chart. I will read about action of market for you can understand how it happen.

Did you see SL O; that is last Swing Low point from bullish , after that we have strong dump and making SL A. The level of SL A is lower SL O so, it confirm the bullish is over in middle term and become bearish .

the SL B is higher than SL A declare we have bullish in short term but when we confirm bearish in middle term so “ where we are ? “ >>> we are in pull back period of SH A - SL A.

So using Fibonacci Retrace and we see we may have correction from Fibonacci 0.618 - 0.786 ( 5208$ - 5302& )

Ok, let looking about the volume , consider the time after SH A. We have big bearish volume and after that we have bounce back but the volume is very low.

Looking at Candle 1 & 2 I have marked by Vertical Line, the volume of Bearish and Bullish candle is the same and higher than Average of 20 volume candle.
It mean the market has been manipulated with a “GAME”

We are trying going up but volume very low - that is why we shoulder not buy at this time.

So what we do ? WAIT FOR GOING UP AND SHORT ENTRY - BEST ADVICE

Candle 2 break up WMA 49 & 105 - I think is the fake signal for bullish short term

Okay, let see the last viewpoint. That is MACD line.

The price at SH A = 5424$ and the MACD at this point is 39.13

Let see, what happen if at right now, the price can not go higher 5424$ but MACD is going higher than 39.13 ( the number right now is very nearly ).
What’s up ? Did we have divergence ? That right. That is the best time for us SHORT ENTRY

Conclusion: THAT IS NOT THE TIME FOR BUYING ; WAITING FOR SHORT ENTRY WHEN MACD HAS DIVERGENCE AND IN FIBONACCI RETRACE OF 0.618 - 0.786

Sharing this analysis and LIKE any way !

LOVE ALL YOU

~~~ XUANHAIMMOER ~~~

https://www.tradingview.com/chart/BTCUSDT/9Db4cv52-BITCOIN-WHY-IT-S-NOT-TIME-FOR-BUYING/

[Totscha]

BITCOIN - WHY IT’S NOT TIME FOR BUYING ?

... Sniped for brevity...

https://www.tradingview.com/chart/BTCUSDT/9Db4cv52-BITCOIN-WHY-IT-S-NOT-TIME-FOR-BUYING/

Bollocks. It's always a good time to buy as long as we're below the ATH. So it's not good to buy because the price might fall back to where we are right now (or slightly lower, maybe)? For a hodler this is pure nonsense.

But there is some small wisdom there for the always nervous, coke sniffing and shorting day trader. That being said I will be most pleased if I see your shorts get rekt

[VB1001]

Soon Mastercard.

[encycrypto]

Soon Mastercard.

I think I saw the same image during 2017 bull run... Are you sure that it's updated?