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

[JayJuanGee]

Consolidation in the $7.9k range continues to solidify our base of support for $8k and possibly further GAINZ towards the Vegeta arena.  

Increasing volatility is likely after the closing of the weekly candle.

Trading disclosure - closed all my positions, play stash yield 6%. That's a low figure. I could have made ~15% with volatility like this, but this time I've been playing it safe, never allowing my short leg to reach liquidatable leverage. I've overshot that threshold a little with the long at times, but even my long liquidation price never went below 3200.

Now the profits go to cold storage, and I'm ready for another round.

Stacking sats seems to be in fashion, which also seems to be causing some upwards BTC price pressures, in recent times.  Sure, we are talking slightly more than 6 weeks of pretty decent ongoing upwards price pressures... in spite of our little downward blib from 3 days ago.

[lightfoot]

I don’t want to get ahead of ourselves, but there’s something pretty important from a TA perspective that would happen a bit above $10k if we reached that

At 10k the world will have a serious shortage of Lambos.

[bones261]

Much better.

Now we can continue with the pump!

P.S. Take my last sMerit for your precious work!

You now have another one to give to someone else.   Surprisingly, my source merit is running low. It appears 30 days ago, I had the flu, so I wan't giving out many merits while I was ill. Therefore, I will have to wait a couple of days until the my souce merit starts replenishing again at a decent rate. Also, it appears that I cannot give Toxic2040 any more merit for his charts for a couple of days. The forum will not let me since I already gave him 50 in the last 30 days.  

[JayJuanGee]

If it was me or r0ach .....

wanna be butt buddies....... "oh roachie poachie"

[Toxic2040]

Much better.

Now we can continue with the pump!

P.S. Take my last sMerit for your precious work!

You now have another one to give to someone else.   Surprisingly, my source merit is running low. It appears 30 days ago, I had the flu, so I wan't giving out many merits while I was ill. Therefore, I will have to wait a couple of days until the my souce merit starts replenishing again at a decent rate. Also, it appears that I cannot give Toxic2040 any more merit for his charts for a couple of days. The forum will not let me since I already gave him 50 in the last 30 days.  

[Theoak*]

Congrats... 3 or 4 obvious trolls / alt accounts of roach and... you, the only one being serious here and meaning what he says. I guess that makes you the village idiot.

I disagree about those new accounts being roach alts. It's probably just emulation.
I do agree about the village idiot bit, though.

While I disagree with roach in regards to bitcoin being a scam, I do enjoy alternate perspectives. How can you learn anything by simply ignoring someone you don’t agree with? Sounds like a fair few liberals in here who get triggered.

I do agree with roachs view on women and I worry for microgoosens future with a woman who has had such a promiscuous past.

If you had not noticed, you are new to this thread... as far as your (2) post count is concerned.

Maybe you could at least build some on-topic credibility before chiming in about off-topic irrelevant bullshit?

You seemed to have heard about this lil thingie-ma-jiggie called bitcoin, and maybe you lose additional credibility if you believe that roach has any insight into bitcoin... especially since he seems to be  no coiner since about $700  -evn though from time to time he also tries to hang with the gang, by making some retroactive assertions that he had owned some bitcoins at prices above $700, which is also highly doubtful.

Regarding bitcoin being a scam, I might be afraid to ask about your likely ill-informed thoughts about that?   Are you getting bitcoin mixed up with shitcoins?  Do you realize that there is a difference?  Do you actually understand what bitcoin is? Or are you as wilfully ignorant about bitcoin as the roach that you want to defend seems to be?

 See BTC's current price movement, as I type, seems to be surpassing $8,200  - bullish?  No?    You think that it is a bulltrap?   

If you are coming out swinging about defending roach and spouting out other irrelevances, I really doubt that you have anything meaningful to say about bitcoin, but surely if you can back up what you say, I am more than willing to be proven wrong.  I am willing to give troll/shills at least one chance to recoup from their bad first impressions, which is your current tentative category.

You Sir, are by far my favourite contributor in this thread and have been for quite some time. We both command the same beliefs in btc both present and  future. I also commend you on your 20-30% retracement call which you predicted, however brief it might have been.

[Last of the V8s]

http://ufreetv.com/cbs.html

[Raja_MBZ]

Much better.

Now we can continue with the pump!

P.S. Take my last sMerit for your precious work!

You now have another one to give to someone else.   Surprisingly, my source merit is running low. It appears 30 days ago, I had the flu, so I wan't giving out many merits while I was ill. Therefore, I will have to wait a couple of days until the my souce merit starts replenishing again at a decent rate. Also, it appears that I cannot give Toxic2040 any more merit for his charts for a couple of days. The forum will not let me since I already gave him 50 in the last 30 days.  

Thanks mate! I'll try to save this one for an extremely useful post.

[DaRude]

Almost at a new yearly high!

Where are all the Vegeta memes & fireworks?

[JayJuanGee]

You guys think we will ever see BCash @$4k again within any bullrun? I feel like I lost a fortune by not selling @4k and kept that scam hodling.

Yes, we can
https://www.coindesk.com/coinlabs-mt-gox-claim-may-hold-up-payouts-for-another-2-years
"Coinlab’s claim"
Bitcoin gold is also a fork of Bitcoin but ....

The fuck does that have to do with Bcash going to 4k?

Also, the stupid ass Gox related article is from April 6.. 

what a diptwat, struggling to spread old FUD as if it were new.

[JayJuanGee]

[edited out]

I wouldn't suggest going 100X or even 5X in any direction, lol.

Well that's reasonable.  I think?   

[Majormax]

You guys think we will ever see BCash @$4k again within any bullrun? I feel like I lost a fortune by not selling @4k and kept that scam hodling.

You will not find anyone here who thinks that BCH will ever be $4k again ..even if BTC attains even the wildest predictions.

The trend BTC/BCH is very clearly lower.

[Theoak*]

You guys think we will ever see BCash @$4k again within any bullrun? I feel like I lost a fortune by not selling @4k and kept that scam hodling.

Yes, we can
https://www.coindesk.com/coinlabs-mt-gox-claim-may-hold-up-payouts-for-another-2-years
"Coinlab’s claim"
Bitcoin gold is also a fork of Bitcoin but ....

The fuck does that have to do with Bcash going to 4k?

Also, the stupid ass Gox related article is from April 6.. 

what a diptwat, struggling to spread old FUD as if it were new.

I know you have suggested altcoins will have one last pump in the next bull run, do you include BCH in your assessment? If in fact they do have one last pump, are you of the view they will all surpass their previous ATH?

[Last of the V8s]

Bit of profit-taking on a good week. Then more long.

[Dakustaking76]

Lol someone is doing his best that BTC doesnt go over yearly high
 

We will break it Anytime

[Last of the V8s]

https://www.cbsnews.com/news/bitcoins-wild-ride-60-minutes-2019-05-19/
13 minutes. plus transcript for eddie
but quel dull

[JayJuanGee]

Congrats... 3 or 4 obvious trolls / alt accounts of roach and... you, the only one being serious here and meaning what he says. I guess that makes you the village idiot.

I disagree about those new accounts being roach alts. It's probably just emulation.
I do agree about the village idiot bit, though.

While I disagree with roach in regards to bitcoin being a scam, I do enjoy alternate perspectives. How can you learn anything by simply ignoring someone you don’t agree with? Sounds like a fair few liberals in here who get triggered.

I do agree with roachs view on women and I worry for microgoosens future with a woman who has had such a promiscuous past.

If you had not noticed, you are new to this thread... as far as your (2) post count is concerned.

Maybe you could at least build some on-topic credibility before chiming in about off-topic irrelevant bullshit?

You seemed to have heard about this lil thingie-ma-jiggie called bitcoin, and maybe you lose additional credibility if you believe that roach has any insight into bitcoin... especially since he seems to be  no coiner since about $700  -evn though from time to time he also tries to hang with the gang, by making some retroactive assertions that he had owned some bitcoins at prices above $700, which is also highly doubtful.

Regarding bitcoin being a scam, I might be afraid to ask about your likely ill-informed thoughts about that?   Are you getting bitcoin mixed up with shitcoins?  Do you realize that there is a difference?  Do you actually understand what bitcoin is? Or are you as wilfully ignorant about bitcoin as the roach that you want to defend seems to be?

 See BTC's current price movement, as I type, seems to be surpassing $8,200  - bullish?  No?    You think that it is a bulltrap?   

If you are coming out swinging about defending roach and spouting out other irrelevances, I really doubt that you have anything meaningful to say about bitcoin, but surely if you can back up what you say, I am more than willing to be proven wrong.  I am willing to give troll/shills at least one chance to recoup from their bad first impressions, which is your current tentative category.

You Sir, are by far my favourite contributor in this thread and have been for quite some time. We both command the same beliefs in btc both present and  future. I also commend you on your 20-30% retracement call which you predicted, however brief it might have been.

Hahahha

Flattery will get you somewhere.   

Personally, I deny calling any bitcoin price matter with any kinds of precision, except (like a broken record) making several assertions that 30% or more price corrections frequently happen in bitcoin, and at unexpected times... yet we should know that we should be bracing ourselves for such 30% plus price correction, especially when we had experienced a decent amount of UP without any meaningful correction -   since before our April 1, shooting above $4200.

No HODLer (including myself) really should be welcoming downward BTC price corrections, but I certainly find some pleasure when corrections quickly rebound, and since I attempt to structure my BTC buy orders for such seeming inevitabilities, this time around, I had about 13 buy orders fill between $7,400 and $6,200 - which I appreciate what seems to cause me BTC profits... stacking of sats.... and maybe some stacking takes place on both ends (dollars and btc) when buy/sell orders are structured as a kind of volatility insurance?

[Last of the V8s]

83% of senior executives say their enterprises are seeing compelling use cases for blockchain today.
53% of senior executives say blockchain has become a critical priority for their organization this year, 10% higher than last year.

83% of senior executives don't read this thread.
Or didn't read this one:

It's a meaningless fad.

Agreed. I've heard very few worthwhile use-cases for "blockchain tech". When companies say "blockchain", they usually mean "broadcast everything to everyone and expect them to store it", which doesn't scale and isn't a new concept anyway. The real application of blockchains - decentralized timestamping - can be very useful, but it's not a holy grail.

It reminds me of this (replace "cloud" with "blockchain"): https://www.youtube.com/watch?v=9ntPxdWAWq8

[yefi]

You will not find anyone here who thinks that BCH will ever be $4k again ..even if BTC attains even the wildest predictions.

The trend BTC/BCH is very clearly lower.

It still has the support of Bitmain and another BTC bubble would presumably provide them a war chest with which to pump it. I mean, they're a million deep in that shit, so I'd certainly not rule it out.

[Toxic2040]

weekly wall report

I am pleased to report the Bears are crushed sir. Mop up operations continue as units are redeployed and fresh reserves are brought in to bolster the front lines. Carry on.

Maybe we just up and head over this cloud as well. #dyor

#buythedip

#stronghands

re:weekly wall report

I am happy to report Operation TwinkleToe was a complete success gentlemen.

Everything is proceeding according to plan. Phase II will begin shortly. That is all.

#dyor

W


W

#stronghands'19


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1h