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

[El duderino_]

https://bitcointalk.org/index.php?topic=5132225.0

[rebal15]

^
Mmmm keep your coins on bittrex, haha LoL!!

I’ll just keep them in cold storage, when you have coins to HODL.... Then talk where to HODL them.

Honorable brother No LoL No HaHa  
She is a bittrex lover no doubt old proganda is here

Are you remember that?
Hold=Scamm

yeah, I just let him talk, no sense in that guy

Stay on earth, you know nothing except being twitter's parrot

[rebal15]

^
Mmmm keep your coins on bittrex, haha LoL!!

I’ll just keep them in cold storage, when you have coins to HODL.... Then talk where to HODL them.

Honorable brother No LoL No HaHa  
She is a bittrex lover no doubt old proganda is here

Are you remember that?
Hold=Scamm

Yes Hold = scam that why you should keep your coins on bittrex.
Do you remember trade is better than hold?

Come on,  say something
Don't be like a paid shill

[shasan]

Block: 572731
created Time   2019-04-22 07:10:42
Received Time   2019-04-22 07:10:42
https://www.blockchain.com/btc/block-height/572731

Block: 572732
created Time   2019-04-22 07:10:33
Received Time   2019-04-22 07:10:33
https://www.blockchain.com/btc/block-height/572732

Latter block but early time how it is possible? How 572732 created 9 seconds ago of 572731?

[El duderino_]

via Imgflip Meme Generator

Very cool and good idea for a desk or something ..... sweet

[El duderino_]

^
Mmmm keep your coins on bittrex, haha LoL!!

I’ll just keep them in cold storage, when you have coins to HODL.... Then talk where to HODL them.

Honorable brother No LoL No HaHa  
She is a bittrex lover no doubt old proganda is here

Are you remember that?
Hold=Scamm

Yes Hold = scam that why you should keep your coins on bittrex.
Do you remember trade is better than hold?

Come on,  say something
Don't be like a paid shill

First buy/own BTC then when your responsible for Some Corn..... then start talking, not run before you can walk!

[Retina]

https://bitcointalk.org/index.php?topic=5132225.0

Don't worry Big brother I hope available soon


Sad for me
I like your cap photo but I cannot add my profile, but maximum people add her profile in this thread cap photo.
I hope one day I add this and only need 59 merits then add this

[rebal15]

The Hidden Effects of Crypto Money Laundering Rules:
https://www.coindesk.com/the-hidden-effects-of-crypto-money-laundering-rules

It's not money laundering, Looks like "you will pay taxes even with cryptos".

I am not paid to defend the valu and the use of cryptos. I am convinced that cryptocurrency is not used for money laundring, I am convinced that cryptos users are not laundering money. I am convinced that most people in the world do not have money for laundering, I am convinced that some people can't read between lines.

[rebal15]

^
Mmmm keep your coins on bittrex, haha LoL!!

I’ll just keep them in cold storage, when you have coins to HODL.... Then talk where to HODL them.

Honorable brother No LoL No HaHa  
She is a bittrex lover no doubt old proganda is here

Are you remember that?
Hold=Scamm

Yes Hold = scam that why you should keep your coins on bittrex.
Do you remember trade is better than hold?

Come on,  say something
Don't be like a paid shill

First buy/own BTC then when your responsible for Some Corn..... then start talking, not run before you can walk!

I prefer to not quoting you.

[Toxic2040]

Block: 572731
created Time   2019-04-22 07:10:42
Received Time   2019-04-22 07:10:42
https://www.blockchain.com/btc/block-height/572731

Block: 572732
created Time   2019-04-22 07:10:33
Received Time   2019-04-22 07:10:33
https://www.blockchain.com/btc/block-height/572732

Latter block but early time how it is possible? How 572732 created 9 seconds ago of 572731?

https://en.bitcoin.it/wiki/Block_timestamp

A timestamp is accepted as valid if it is greater than the median timestamp of previous 11 blocks, and less than the network-adjusted time + 2 hours. "Network-adjusted time" is the median of the timestamps returned by all nodes connected to you. As a result, block timestamps are not exactly accurate, and they do not even need to be in order. Block times are accurate only to within an hour or two.

https://bitcoin.stackexchange.com/questions/3743/how-can-an-earlier-block-have-a-later-timestamp

The root cause of this is that without a central authority, it's impossible to know for sure what the current time is.

The protocol rejects blocks with a timestamp earlier than the median of the timestamps from the previous 11 blocks or later than 2 hours after the current network time. Any other timestamp is acceptable. Note that 'network time' may differ from the actual time, since the bitcoin network attempts to correct for incorrect clock settings by taking the median of the time reported by all connected peers as the network time.

[Retina]

https://twitter.com/BTCTN/status/1119730340107624448

[Globb0]

I'm a pretty liberal guy...but UBI just doesn't work.

Ill be rich with my half if the other half is split between all of them   

[Globb0]

I've never understood why Tone Vays is so popular. His youtube shows are long and boring as shit, and most of his analyses are ridiculous and borderline retarded. Other than his "I lost a fight with a lawnmower haircut," I don't know what he brings to the table.

Yep I never unsubscribed from something so fast in my life

[JSRAW]

~snip~

Thank you very much.

I'm currently reading a book by a Swedish archaeologist who is comparing bronze age Swedish religion with vedic and other indo european religions. He's especially looking into old Nordic sites with remnants of burnt stones and other sites that would suggest fire offerings and comparing them to Vedic/Hindu fire altars. He's working from the theory that the religions were pretty close at that time, ca 1500 bc. One of the most famous bronze age artifacts from that time is the sun wagon from Denmark. https://en.wikipedia.org/wiki/Trundholm_sun_chariot
It is obviously the old nordic equivalent of suraya, so I am kind of looking for something similar in Vedic/Hindu tradition.

Your welcome bhai.

this one looks interesting, please drop that archaeologist's name. will look into his-her work as well.  and sun was considered very sacred almost in every ancient religion so not very surprising if there are some major or small similarities between different ancient religions.

Hahahahaha..

Thanks.    I am not getting wrenched.  

~Edited out~

Welcome Back!!

Glad you are safe and sound bhai. I am sure you can handle cash screw-up, it tough sometime but not impossible. health is more important so take care.

[HairyMaclairy]

Well it doesn’t look like anyone wants to advocate for children starving in the streets.  If you follow that through to its logical conclusion you end up with a system not dissimilar to the current system.

On that basis I think that left and right are actually quite close in their approach although the rhetoric differs.  

I guess Jbear and Arie and I can agree on stuff.

I'll be your huckleberry.
Kids dying in the street would be survival of the fittest at work. Like wolf pups who starve because momma wolf is too famished to produce good milk. Weak specimens dying off makes the species stronger.
And charities feed people.

Give it another 50 years of automation and you might get your utopian society.   We can wipe out the entire blue collar class.

[VB1001]

What is a Golden Cross and Why Everyone Thinks Bitcoin Will Skyrocket After It Takes Place?

After months and months of bear market despair, the crypto space has perked itself up over the past several weeks, seeing renewed upward exuberance. As a result of such price action, crypto’s largest asset looks like it’s headed right toward a dominant bullish chart pattern, the Golden Cross.

A historically bullish pattern in technical analysis, the Golden Cross occurs when a shorter term moving average (MA) crosses above a longer-term MA. Perhaps two of the most commonly used moving averages for this pattern are the 50-day and 200-day MAs.

At present for Bitcoin, the daily chart 50-day MA looks like it is headed toward the 200-day MA for a potential crossover in the not-so-distant future.

https://cryptopotato.com/what-is-a-golden-cross-and-why-everyone-thinks-bitcoin-will-skyrocket-after-it-takes-place/

Good article on the Golden Cross.

edit:

What Is a Death Cross?

The death cross is a commonly referenced technical analysis setup, such a setup occurs when the 50-period MA crosses below the 200-period MA.

https://cryptopotato.com/what-is-a-death-cross-and-whats-the-relation-to-btc-breaking-down-from-the-6k-area-in-2018/

[Retina]

Bitcoin: Too Much Time At Resistance Means Strength?

"Bitcoin is a short! It's going back to 3500!!! Go to Bitmex and leverage everything you own right now!". Sound familiar? If you have been on the internet since Bitcoin's first attempt to retrace off the 5400 high, it should sound very familiar. It is the general consensus among the herd. In fact I have seen this sentiment posted on my comment forums regularly. Want more statistical proof? Just take a look at the Bitcoin short interest. And with the recent double top formation, I would not be surprised if this sentiment heightens even further.

I will be the first to say that I do not buy into resistance areas, I prefer to buy into support areas. Since the beginning of April, Bitcoin's short squeeze has pushed the price into a major resistance area that I have been pointing out to our followers countless times. The 5200 to 5800 area is a proportional resistance zone relative to the 6K level. From my perspective, the current resistance increases the likelihood of a retrace of lower levels, BUT that does not mean it will go there. Even with the current double top formation attempting to establish itself.

Here is what you need to realize: Price is lingering at a resistance. Weak markets, even temporarily weak DO NOT LINGER at resistance levels, they sell off quickly. The amount of time that Bitcoin has been fluctuating above 5K is about TWO WEEKS, all while short interest is biased to the high side. Not a good recipe for a short in my opinion. All these leveraged shorts piling in, yet no major supports are breaking. The 4930 to 5K area, is still nicely intact. Obviously the buying pressure continues to absorb the aggressive supply.

This was a very similar situation that we faced at the 4130 resistance area . If another short squeeze takes place (which can happen out of nowhere) price can easily see 6K which presents the next obstacle for this market. The fact that the general consensus is extremely bearish further adds to the argument in favor of higher prices rather than a deep retrace. The crowd is usually wrong (which is the foundation of most forex broker's business models).

In summary, there are NO absolutes in market timing. Good technical analysis presents possibilities and probabilities, not precision. And good perspective comes from considering variables that are not visible on a chart. Without this basic understanding of market mechanics, it is very easy to be conditioned by the irrational sentiment of the herd. Our objective is to detect structural changes around potential turning points in order to get a read on how likely forced order flow is to come next (short squeeze or long liquidations). And at the moment, AS LONG AS price can stay above the 4930 level, the chances of squeezing to 6K are still a reasonable possibility, even in the face of a major resistance zone (yes it is confusing and conflicting, but that is the market).

And with this being the case, I still stick to my plan which is to WAIT for a qualifying structural support. Would I like to see 4500? Sure, but the market does NOT care about what I like. The 4930 to 5K area is the active support area we are watching for a swing trade long, but it all depends on what kind of order flow Bitcoin presents upon a revisit.

[rebal15]

Bitcoin: Too Much Time At Resistance Means Strength?

"Bitcoin is a short! It's going back to 3500!!! Go to Bitmex and leverage everything you own right now!". Sound familiar? If you have been on the internet since Bitcoin's first attempt to retrace off the 5400 high, it should sound very familiar. It is the general consensus among the herd. In fact I have seen this sentiment posted on my comment forums regularly. Want more statistical proof? Just take a look at the Bitcoin short interest. And with the recent double top formation, I would not be surprised if this sentiment heightens even further.

I will be the first to say that I do not buy into resistance areas, I prefer to buy into support areas. Since the beginning of April, Bitcoin's short squeeze has pushed the price into a major resistance area that I have been pointing out to our followers countless times. The 5200 to 5800 area is a proportional resistance zone relative to the 6K level. From my perspective, the current resistance increases the likelihood of a retrace of lower levels, BUT that does not mean it will go there. Even with the current double top formation attempting to establish itself.

Here is what you need to realize: Price is lingering at a resistance. Weak markets, even temporarily weak DO NOT LINGER at resistance levels, they sell off quickly. The amount of time that Bitcoin has been fluctuating above 5K is about TWO WEEKS, all while short interest is biased to the high side. Not a good recipe for a short in my opinion. All these leveraged shorts piling in, yet no major supports are breaking. The 4930 to 5K area, is still nicely intact. Obviously the buying pressure continues to absorb the aggressive supply.

This was a very similar situation that we faced at the 4130 resistance area . If another short squeeze takes place (which can happen out of nowhere) price can easily see 6K which presents the next obstacle for this market. The fact that the general consensus is extremely bearish further adds to the argument in favor of higher prices rather than a deep retrace. The crowd is usually wrong (which is the foundation of most forex broker's business models).

In summary, there are NO absolutes in market timing. Good technical analysis presents possibilities and probabilities, not precision. And good perspective comes from considering variables that are not visible on a chart. Without this basic understanding of market mechanics, it is very easy to be conditioned by the irrational sentiment of the herd. Our objective is to detect structural changes around potential turning points in order to get a read on how likely forced order flow is to come next (short squeeze or long liquidations). And at the moment, AS LONG AS price can stay above the 4930 level, the chances of squeezing to 6K are still a reasonable possibility, even in the face of a major resistance zone (yes it is confusing and conflicting, but that is the market).

And with this being the case, I still stick to my plan which is to WAIT for a qualifying structural support. Would I like to see 4500? Sure, but the market does NOT care about what I like. The 4930 to 5K area is the active support area we are watching for a swing trade long, but it all depends on what kind of order flow Bitcoin presents upon a revisit.

https://www.tradingview.com/chart/BTCUSD/Mez6PJBQ-Bitcoin-Too-Much-Time-At-Resistance-Means-Strength/

May ask you why you posted it?

[El duderino_]

^
You may not in this thread 

Only watch and observe @its best! 

[Cryptotourist]

Morningzzz!

JJG is up & the kernel upgrade is looking great.

r0achie is also up from the basement, looking sex deprived as usual, having successfully completed a two week wank-all-you-can marathon.

rebal15..., well you know I'm a fan.