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

[dyask]

If I had a bitcoin for every head & shoulders call I saw that never panned out, I'd be a whale.

[JayJuanGee]

ALL OF THOSE COINS HAVE LEFT COINBASE ALREADY.

I'm pretty sure it was someone fucking with us or laundering or some bullshit. Maybe cold to hot to new cold.

Possibly an OTC buyer and seller match that Coinbase brokered.

Great another downtrend in the price incoming when those coins land on another exchange and sell.
Prepare yourself for another dip below $7k by morning.
From then who knows. We might be saying hello to $6k again.

Another one sold too many BTC too early?

Sorry for your loss and sorry to break the news, but it currently seems that we are continuing to experience ongoing and upwards BTC price pressures.

Sucks to currently either be a BTC shorter or someone who has sold too much BTC too early.   

It does have a rinse and repeat effect from when it happened last time at the beginning of the month doesnt it?
https://bitcointalk.org/index.php?topic=5152806.0

I doubt that you are going to improve your BTC price prediction success ratios by randomly spotting some chart patterns and planning your own BTC buy/sell behaviors based on some kind of superstition that it's going to happen again, in a similar way that you can see on such chart.

Ultimately, you can do what you want concerning your own selling of your BTC and shorting of BTC, but seems to be a bit problematic for you to be FUD spreading in these parts and perhaps wishing for down (or others to follow) based on such spurious fact/logic support.

My observation is similar to Hairy's from earlier today... which is that it remains dangerous for folks to be shorting BTC in this kind of market.. and gambling with hopes to increase their BTC stash while the pressures seem to be up, rather than down.. but do what you like, you might get lucky, but don't come on this thread and present your plan as if it were some kind of certainty and assigning it higher probabilities than it deserves as a random risk that could work out for you, if you are lucky.

[Paashaas]

MA10 crossing over MA6.

Market reversal trend when both of the MAs crossed, similair to 2015.

[Toxic2040]

the evening wall report


Hello everyone...another burn of the midnight oils is approaching. No rest for the wicked...it is said.


bitcoin

As we pass thru mid-week, the first breaths of those winds of change I spoke of are gathering. We are gaining substantial support above $8k as the slow bull walk begins again. There is a classic H&S brewing on the daily but I have not yet seen any sign that the longer term trend we entered into in April is broken. It is possible we will see a dip but my toe is screaming that it sees a ladder coming.  *shrug*  #dyor 

1h


4h


D

#stronghands'19

[nutildah]

What's new:

Woke up to "99+" unread messages, thought I was extremely popular for a moment
Discovered Bitcoin SV had finally learned how to delete messages from a self-moderated thread

What's old:

Newcomers arguing with roach
Drama concerning the trust system

[bitserve]

We need more drama.

[Hueristic]

We need more drama.

So just so I have this straight now, Merits and Trust are both now officially "likes"?

Might be too soon.

WellI gotta crash, interesting day today.

Don't forget to vote.

https://bitcointalk.org/index.php?action=trust;u=2371095

[fillippone]

Italy's Deputy Prime Minister has proposed a plan to "tax" money and valuables held by citizens in their private safety deposit boxes.

Don't be surprised if more people around the world start looking for a non-censorable, non-seizable asset to store their wealth in. 🔥

https://twitter.com/apompliano/status/1138803120119648258?s=21

Lol

As a fellow Italian I suggest you an alternative way of looking at that.
G-Men are desperate for new funds.
Nobody in her right mind would voluntarily open her own security safe box just to be taxed.
So? How does it works?
If I work on the illegal economy, or simply I never paid my taxes because, you know, I’m Italian, I have a LOT of cash I store there in the bank and I cannot use in the “legal” economy.
If I want to “clean it” I can take it off, being taxed on it (15%-20%) and deposit in the bank.
State money laundering, at a very competitive rate I also would add.

[jojo69]

holy fuck, these computers


it's too hot to be in here guys...sorry

[Phil_S]

[Toxic2040]

Bitcoin is not some sort of voodoo magic, it's still physical, atoms are there moving. Proof of Work needed to generate certain combinations of atoms, which cannot be generated out of thin air as you need said PoW. Metalheads have a hard time grasping this.

Charge carriers move rather than atoms. Your point is still valid however.

My quibble-nish arose...sorry yefi.


It is my belief that everything is in motion so to speak. Angular momentum and other kinetics obviously play a fundamental roll in our Universe and their influence can be easily observed. What is not so obvious to our perceptions is that everything is vibrating at its own unique frequency.


-------

-snip-

Woke up to "99+" unread messages, thought I was extremely popular for a moment

lol'd

+1 WOsMerit


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We need more drama.

 

mmm...about that..

Have a WOsMerit anyway.


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-snip-


So just so I have this straight now, Merits and Trust are both now officially "likes"?

Might be too soon.

a tad.


+1WOsMerit

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As a fellow Italian I suggest you an alternative way of looking at that.
They are desperate.
Nobody in her right mind would voluntarily open her own security safe box just to be taxed.
So? How does it works?
If I work on the illegal economy, or simply I never paid my taxes I have a LOT of cash I store there.
If I want to “clean it” I can take it off, being taxed on it (15%-20%) and deposit in the bank.
State money laundering, at a very competitive rate I also would add.

gawds i love good spin

+1 WOsMerit


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holy fuck, these computers


it's too hot to be in here guys...sorry

I thought I lost my main stack to the outside world today..dust bunnies infesting the heatsink thankfully..  Over 32c and I start melting...apparently my processor thinks the same.

Rough week jojo...apologies. Things seem to be on the mend however.

+1 WOsMerit because I feel like I owe you one.

[BitcoinGirl.Club]

Good morning WO brothers!

We are $8k+ again!!!!

[Toxic2040]

MA10 crossing over MA6.

Market reversal trend when both of the MAs crossed, similair to 2015.

What do you think of the 9 and 27 monthly moving average?  Hard to judge over such a long time frame but its basically the same story I think.
I still think we will see over $12.5k by years end.  #dyor


#thesystemisbroken

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Good morning WO brothers!

We are $8k+ again!!!!

Good morning.

1btc = 1btc   

[Lauda]

Time to attack $9k again? 

[El duderino_]

Time to attack $9k again? 

Indeed

[Lauda]

Time to attack $9k again? 

Indeed

Your hat has made Vegeta temporarily weak I'm afraid. You must train harder.

[BitcoinGirl.Club]

Time to attack $9k again?  

Indeed

I celebrated when it was $5k (my announcement was at $3.8kish), now I am bored of this $7.5k - $8.2k. I will only celebrate again when we will have $10k+ 🤪

[BitcoinGirl.Club]

I hope you two fuckers don't get paid for posting this drivel in here.
Use a search function. Read a little.

I found an angry man there and thought to send a merit then I thought nah this will create a drama 🤪 I don't blame the 2nd guy but the first one deserved it 100% LOL

Good job brother.

[Last of the V8s]

the second fucker misinformed the first fucker but the third fucker couldn't be fucked to go in to it. go figure

[JSRAW]

"Everyone is naked in Hamam"