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

[BitcoinGirl.Club]

Good afternoon WO brothers!
Two days I was away, I know I missed a lot however good to see bitcoins @ $5,263

[BitcoinGirl.Club]

LOL
Dude likes to show off 🤣

[Lambie Slayer]

https://twitter.com/_Phil_Wilson_/status/1119089205412372480

"Any wonder why I was thinking I was about to follow Dave in 2013/2014 due to Craig's movements during 2012/2013/2014 ?"

A few hours ago Phil tweeted this imo basically saying out loud he was suspicious all along that CSW killed Dave Kleiman. Ive wondered about this myself, his death always sounded really sketchy and without a proper investigation.

The greatest justice ever would be if Craig is guilty of murder and Bitcoiners bring him to justice. Perhaps Calvin will go to prison for accessory to murder after the fact.

Does anyone think Craig is not capable of murdering a paraplegic friend?

[Kylapoiss]

So this Baltic Honey Badger, https://bh2019.hodlhodl.com/


It's basically at my doorstep, tickets from €200, a bit expensive or what?

[Kylapoiss]

https://twitter.com/_Phil_Wilson_/status/1119089205412372480

"Any wonder why I was thinking I was about to follow Dave in 2013/2014 due to Craig's movements during 2012/2013/2014 ?"

A few hours ago Phil tweeted this imo basically saying out loud he was suspicious all along that CSW killed Dave Kleiman. Ive wondered about this myself, his death always sounded really sketchy and without a proper investigation.

The greatest justice ever would be if Craig is guilty of murder and Bitcoiners bring him to justice. Perhaps Calvin will go to prison for accessory to murder after the fact.

Does anyone think Craig is not capable of murdering a paraplegic friend?

He has more than a few screws loose and seems to be a bit of a psycho.

[fillippone]

https://www.scribd.com/document/406751578/Craig-withdraws-the-fake-email-from-Uyen-because-he-was-caught
https://twitter.com/nikzh/status/1118899374027878400
Whoops! $BSV has experienced yet another reorg, this time 6 (six!) consecutive blocks were orphaned (#578640–578645), this chain included a 128 MB block #578644 🤦‍♂️ The network was basically stuck for 1.5 hours, and this shows that even 6 confirmations are not enough 🤷‍♂️

6 blocks reorg. Shit, that will undo both of this weeks transactions  

Another time down into the rabbit' hole!
Apparently the deepest "uncontrolled" chain reorg in BTC history was 4.
https://bitcoin.stackexchange.com/questions/3343/what-is-the-longest-blockchain-fork-that-has-been-orphaned-to-date

Record reorg is the infamous 53 block reorg due to the Value overflow incident

[Retina]

LOL
Dude likes to show off 🤣

LoL
I think that bitcoin lover and botcoin holder Think of yourself rich  Always, Not LOL Another can say that we are all Satoshi  

[VB1001]

https://twitter.com/jpthor__/status/1118785115776114688

"The rest is noise."

True.

[hisslyness]

https://www.scribd.com/document/406751578/Craig-withdraws-the-fake-email-from-Uyen-because-he-was-caught
https://twitter.com/nikzh/status/1118899374027878400
Whoops! $BSV has experienced yet another reorg, this time 6 (six!) consecutive blocks were orphaned (#578640–578645), this chain included a 128 MB block #578644 🤦‍♂️ The network was basically stuck for 1.5 hours, and this shows that even 6 confirmations are not enough 🤷‍♂️

6 blocks reorg. Shit, that will undo both of this weeks transactions  

Another time down into the rabbit' hole!
Apparently the deepest "uncontrolled" chain reorg in BTC history was 4.
https://bitcoin.stackexchange.com/questions/3343/what-is-the-longest-blockchain-fork-that-has-been-orphaned-to-date

Record reorg is the infamous 53 block reorg due to the Value overflow incident

network was too slow to propagate the blocks.. now imagine a 1GB block in action...

[Last of the V8s]

https://i.imgur.com/aQX7O7S.gifv

GREAT NEWS! I got contact from Chad Elwartowski (AKA Elwar) via PM earlier this morning notifying me that he and his girlfriend have been able to escape to nearby Vietnam via boat. They are in good spirits, but still are not out of the woods yet as they still need to leave the region for fear of local intergovernmental relations leading to his potential extradition back to Thailand. As a result for their own safety they will not be posting again until they are home, but he wanted me to thank all of you on his behalf for your kind words and well wishes, and said he hopes to be back on the forum posting soon. He didn't give me much other information for obvious reasons, but at least we know he has made it out of the country, which is very good news. Hopefully we can help bring awareness to this issue so others do not find themselves in a similar situation in the future. Godspeed Elwar.

[BitcoinGirl.Club]

https://twitter.com/jpthor__/status/1118785115776114688

"The rest is noise."

True.

100%
Annoying shitcoins

[jademaxsuy]

network was too slow to propagate the blocks.. now imagine a 1GB block in action...

That is alright so thatnif whales come to a selling point we can definitely see it in a matter of time. Just imagine if network is fast then whales can easily buy and sell bitcoin.  Now this is where the problem will start and of course we do not want this to happen.

Still, if network is slow it will just a matter of hours and we will be able to see huge drop of bitcoin market price. You juat need to check it time to time if one wishes to see how will market price move. It just need a good source for cryoto market price movement.

[Phil_S]

https://i.imgur.com/aQX7O7S.gifv

GREAT NEWS! I got contact from Chad Elwartowski (AKA Elwar) via PM earlier this morning notifying me that he and his girlfriend have been able to escape to nearby Vietnam via boat. They are in good spirits, but still are not out of the woods yet as they still need to leave the region for fear of local intergovernmental relations leading to his potential extradition back to Thailand. As a result for their own safety they will not be posting again until they are home, but he wanted me to thank all of you on his behalf for your kind words and well wishes, and said he hopes to be back on the forum posting soon. He didn't give me much other information for obvious reasons, but at least we know he has made it out of the country, which is very good news. Hopefully we can help bring awareness to this issue so others do not find themselves in a similar situation in the future. Godspeed Elwar.

Awesome!

[HairyMaclairy]

Nice work !

[Last of the V8s]

More champagne!

[Retina]

Annoying shitcoins

a lot of shitcoin around on your but sometime shitcoins give the great profit. shitcoin Pump and Dump short time.

[HairyMaclairy]

Oh god no

[afbitcoins]

https://twitter.com/jpthor__/status/1118785115776114688

"The rest is noise."

True.

To call someone an idiot and then claim to be humble.. Thats quite amusing. But anyway, the theme of this means that to support bitcoin one must dislike free competition? One must prefer a monopoly ?

[d_eddie]

https://i.imgur.com/aQX7O7S.gifv

GREAT NEWS! I got contact from Chad Elwartowski (AKA Elwar) via PM earlier this morning notifying me that he and his girlfriend have been able to escape to nearby Vietnam via boat. They are in good spirits, but still are not out of the woods yet as they still need to leave the region for fear of local intergovernmental relations leading to his potential extradition back to Thailand. As a result for their own safety they will not be posting again until they are home, but he wanted me to thank all of you on his behalf for your kind words and well wishes, and said he hopes to be back on the forum posting soon. He didn't give me much other information for obvious reasons, but at least we know he has made it out of the country, which is very good news. Hopefully we can help bring awareness to this issue so others do not find themselves in a similar situation in the future. Godspeed Elwar.

Relieved. Now, let's not jinx it until the Elwars are back to a safer place. I will LOVE to hear their story from the horse's mouth.

[Retina]

Bitcoin Ready to Break Up or Test Support one More Time Done nice everything.

Current movement sucks a bit , difficult moves to predict, so normally i don't want to do anything. But to give you something to work with, i am going to do an analysis with a few scenario's, for the bulls and bears.

1) I have drawn 3 charts here. The one on the left, is already moving as suggested past hours. Made that last bounce up from that curved line. My assumption here is, we might see another stop hunt. Already breaking down now as i am writing this, but no big volume yet. I got a feeling price is getting supported again like a week ago at 5200 (read those analysis to understand it). Already seeing an attempt to break that curved line but again it's holding. So we might see that scenario play out. The level of the shake out on the upside, is an assumption this time, don't have much to go on this time.
Important here is, i assume the support zone around 5200/5180 has been created as a big stop zone level, so when we see a Bart move, this zone will trigger a snowball of stops trigger to dump the price.

2) In the middle we can see, that channel i showed a few days ago, is till legit and giving resistance. Bulls just don't seem to be able to break above it. But as long as we stay above 5200/5180, there is a chance to break up. This support zone , is also an important level from scenario 1. The channel gives a target around 5000, the possible triangle more like 4700. However, past days i moved my focus from 4700 to 4800. So also not sure about what it could do if we see a big drop coming days.

3) Bigger picture, this one has not changed at all. I am still looking up with a lot of confidence. As long as we don't see a very big volume drop , as long as we don't see a big break of 4800ish, i have no reason at all to think the rally is already over. I have mentioned the bigger picture scenario a few times already, so i assume you know what the game plan is. If not, read some of the previous analysis to know.

So it's safe to say, i think chances are very small to see it rally from current levels already. The green line, is maybe the best case for the bulls i think, small stop hunt to like 5100 and see a V shape on the low time frame back up above 52xx and than slowly continue the rally, like they did around the 4000 just before the rally to 5K. This is something what can happen, but i don't think it's likely. Think this consolidation needs more tests of support levels. Doesn't have to be 4800 per se, but at least a few more times around 4950/5050

https://www.tradingview.com/chart/BTCUSD/AqbvIBtt-Bitcoin-Ready-to-Break-Up-or-Test-Support-one-More-Time/