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

[fabiorem]

I think we will close June and July on the red.

Someone correct me if Im wrong, but arent these months always red?

[pereira4]

Just found this gem.

https://www.youtube.com/watch?v=OqpwuJw7cxY

If someone told me years ago that the Bitcoin blocksize drama would be discussed in Oxford of all places I would have thought that was the dumbest shit i've heard, yet here we are. Somehow CSW got there. He makes some good points in regards to marxism at around 44:00 onwards, however I don't get why he doesn't realize that gigamegablocks in order for everyone to be able to afford on-chain transactions could be argued to be a form of marxism, yet he doesn't see this, and claims the marxism in Bitcoin is having small blocks so everyone can run their Raspberry Pies to audit the blockchain. So who is the marxist there?

[sirazimuth]

lol

Heh.


Lol

lol, lol.. he, he.

lol

lol

"except obvious spam"

If this ain't obvious spam, I'm not sure what is!

Gotta report y'all, good luck!

.
.
.

LOL

whoa! I might get deleted again ...ahhhh ....
 Hey Info.. I promise never to be naughty anymore.

[mindrust]

I think we will close June and July on the red.

Someone correct me if Im wrong, but arent these months always red?

Yes, Summers are usually red. People are usually in vacation, no time to watch the charts. Or... they cash out some of their btc profits to spend.

I didn't expect it to climb $100k instantly anyway. It'll probably happen after the halving when the supply starts to dry out.

[Raja_MBZ]

Just found this gem.

https://www.youtube.com/watch?v=OqpwuJw7cxY

If someone told me years ago that the Bitcoin blocksize drama would be discussed in Oxford of all places I would have thought that was the dumbest shit i've heard, yet here we are. Somehow CSW got there.

You can even discuss "Is LOL really a kind of obvious spam?" at Oxford if you've got only a few thousand dollars to spare:

Hire a Room

https://www.oxford-union.org/private_hire/hire_a_room

Goodman Library is present there; it's the place where CSW is talking in the video.

[bitmover]

I didn't expect it to climb $100k instantly anyway. It'll probably happen after the halving when the supply starts to dry out.

If 100k will be hit similar to what happened to 10k...

We will hit 100k and in a few days 200k. Then we will crash to 170k and after a long crying period we will hit 32k, just to slowly climb back to 100k again.

[JayJuanGee]

Weekly close looks very ugly and points to a trend reversal.

We might revisit 6k range in the coming weeks/months.

We might and we might not, lol.

[pereira4]

Just found this gem.

https://www.youtube.com/watch?v=OqpwuJw7cxY

If someone told me years ago that the Bitcoin blocksize drama would be discussed in Oxford of all places I would have thought that was the dumbest shit i've heard, yet here we are. Somehow CSW got there.

You can even discuss "Is LOL really a kind of obvious spam?" at Oxford if you've got only a few thousand dollars to spare:

Hire a Room

https://www.oxford-union.org/private_hire/hire_a_room

Goodman Library is present there; it's the place where CSW is talking in the video.

Ah I see, so it's another business. Not surprised. I would argue that they have some sort of filters in place tho. I doubt discussing if lol'ing all over this thread is acceptable or not would be acceptable, excuse the redundancy.

I would still claim that the irony of big blocks vs small blocks accusing each other of marxism is of interest.

[JayJuanGee]

lol

Heh.


Lol

lol, lol.. he, he.

lol

lol

"except obvious spam"

If this ain't obvious spam, I'm not sure what is!

Gotta report y'all, good luck!

.
.
.

LOL

whoa! I might get deleted again ...ahhhh ....
 Hey Info.. I promise never to be naughty anymore.

Anyone remember in WO history, in April 2016 (I looked it up... I am not that nerdy  ) when there were a few days in which several of us were posting to see how many embedded posts to have in a string?

The stringing of posts like that lasted a few days, and then many of those posts were deleted.   Go figure... the embedded posts became somewhat unreadable, especially attempting to figure out who said what.

[Raja_MBZ]

Just found this gem.

https://www.youtube.com/watch?v=OqpwuJw7cxY

If someone told me years ago that the Bitcoin blocksize drama would be discussed in Oxford of all places I would have thought that was the dumbest shit i've heard, yet here we are. Somehow CSW got there.

You can even discuss "Is LOL really a kind of obvious spam?" at Oxford if you've got only a few thousand dollars to spare:

Hire a Room

https://www.oxford-union.org/private_hire/hire_a_room

Goodman Library is present there; it's the place where CSW is talking in the video.

I doubt discussing if lol'ing all over this thread is acceptable or not would be acceptable, excuse the redundancy.

Why not? That's a very solid topic. We need to define the limits of spam and differentiate between the types of it such as mega-spam, mini-spam, obvious spam, spam to ruin the SEO of the website, etc, and categorize the "LOL" into one of these types.

Once we reach $100k, I'll prove to you that it's totally possible to discuss such a topic by booking a room (Goodman Library) in Oxford and inviting you there.

[smartcomet]

https://twitter.com/Pladizow/status/1137365280844390406

Bitcoin difficulty adjustments alter the difficulty of miners finding blocks. There have only been 7 instances where the monthly difficulty adjustments have declined. These decreases have done a good job of locating cyclical bottoms. So far, so good.

[soxxx]

It's nice to walk outside and be reminded just exactly where we are heading.

[criptix]

Weekly close looks very ugly and points to a trend reversal.

We might revisit 6k range in the coming weeks/months.

We might and we might not, lol.

Im more on the bearish side right now.

65% going to 6k vs 35% going to 9k.

Im looking for a short entry here.

[sirazimuth]

Anyone remember in WO history, in April 2016 (I looked it up... I am not that nerdy  ) when there were a few days in which several of us were posting to see how many embedded posts to have in a string?
The stringing of posts like that lasted a few days, and then many of those posts were deleted.   Go figure... the embedded posts became somewhat unreadable, especially attempting to figure out who said what.

Well Jay you got me...
I confess to editing my post to include a few more "lol" quotes, just for an extra lol... and couldn't be bothered to fix the double quote and ensuing confusion...my bad...

[JayJuanGee]

Weekly close looks very ugly and points to a trend reversal.

We might revisit 6k range in the coming weeks/months.

We might and we might not, lol.

Im more on the bearish side right now.

65% going to 6k vs 35% going to 9k.

Im looking for a short entry here.

Could be?  Your measurement of odds seem in the ballpark of reasonable, even though I continue to be inclined towards 50/50 thinking because I hate to make any bets in the way that I approach my BTC holdings (which I prefer to assure that I am adding to my reserves, rather than gambling that I may or may not add to my reserves).

Anyhow, I merely buy if the BTC price goes down and sell if the price goes up.  Seems safe, no?

In this case, I have already sold all the way up to $9k, so in recent times I have been put into buying mode, so my buy orders have been executing as the BTC price has been going down.  

Seems to work a lot better than trying to guess, and even if I were to have more confidence - such as something above 60%, which you seem to have, and even if you are guessing in a kind of reasonable way, to me, it seems as if you are betting too... because one thing is to close a long by selling a little bit of BTC, but another extra risk is to add leverage onto the situation by entering into a short position (which is what you said that you are doing)... too scary for me, and too much gambling for my risk tolerance temperament in terms of my preference to preserve what BTCs I have worked so hard to accumulate over the past 5.5 years.

[Biodom]

Weekly close looks very ugly and points to a trend reversal.

We might revisit 6k range in the coming weeks/months.

We might and we might not, lol.

Im more on the bearish side right now.

65% going to 6k vs 35% going to 9k.

Im looking for a short entry here.

Could be.  Your odds seem in the ballpark of reasonable, even though I continue towards 50/50 thinking because I hate to make any bets in the way that I approach my BTC holdings (which I prefer to assure that I am adding to my reserves, rather than gambling that I may or may not add to my reserves).

Anyhow, I merely buy if the BTC price goes down and sell if the price goes up.  Seems safe, no?

In this case, I have already sold all the way up to $9k, so in recent times I have been put into buying mode, so my buy orders have been executing as the BTC price has been going down.  

Seems to work a lot better than trying to guess, and even if I were to have more confidence - such as something above 60%, which you seem to have, and even if you are guessing in a kind of reasonable way, to me, it seems as if you are betting too... because one thing is to close a long by selling a little bit of BTC, but another extra risk is to add leverage onto the situation by entering into a short position (which is what you said that you are doing)... too scary for me, and too much gambling for my risk tolerance temperament in terms of my preference to preserve what BTCs I have worked so hard to accumulate over the past 5.5 years.

That slow buying is easy, however slow selling is more problematic, especially since some coins you bought 5.5 years ago, although it depends on whether you use FIFO or LIFO accounting (the latter is simpler, but maybe less common). FIFO would guarantee at least long term cap gains status, which is much lower in US vs short term gains that are taxed by your tax bracket.

In addition, in a case of an old coin sell, properly splitting off at least 3, maybe 4 meaningful forks is also an annoying task.

[jojo69]

Weekly close looks very ugly and points to a trend reversal.

We might revisit 6k range in the coming weeks/months.

We might and we might not, lol.

it's


magic

[JimboToronto]

English food and wine are not quite the best

lol

Reminds me of that old scattergun ethnic joke:
_____

The difference between heaven and hell

In heaven
The cops are English,
The chefs are French,
The mechanics are German,
The lovers are Italian,
And the administrators are Swiss.

In hell
The cops are German,
The chefs are English,
The mechanics are French,
The lovers are Swiss,
And the administrators are Italian.

[sheenshane]

It's nice to walk outside and be reminded just exactly where we are heading.

It's a nice place, I think that is cold weather place not like ours always summer(hot), where this located at?

I hope we're near heading soon the price of bitcoin to the moon.

#stronghands'19

[infofront]

Weekly close looks very ugly and points to a trend reversal.

We might revisit 6k range in the coming weeks/months.

We might and we might not, lol.

All you need to do is draw a bunch of squiggles on a chart, and you can be a top analyst on tardingview now