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

[Arriemoller]

Good morning WO's!

Whoa, 12.000 observered during the night  
Support at 11.5k which correlates with 50% fib.

Nope, 11972 observed. We use Bitstamp in this thread.

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[EatonABooger]

not going to sleep until I see 12k (on gemini)

[Theoak*]

Has any gain this rapid ever ended well in the short/medium ish term?

This time is different.^tm

Stop ruining the party... you negative nancy...^tm

 


 

Well yes it is different so far, I don’t see shitcoins pumping along the same trajectory as our last bull run. It’s still early days of the baby bull, one last pump for the shit coins then hopefully that money will flow back into btc in a perfect world( my perfect world atleast).

[realr0ach]

The kikes can attempt to rig this to try and distract people from physical metals as much as they want, the goyim are simply not buying imaginary, valueless, digital shitcoins.

[bitcoinPsycho]

Major  fail . Gold bug

[HairyMaclairy]

You think having a botnet of real Bots is a bad idea?

Quite. But also very hard to see how the economic and business models will ever stack up.  

They are looking to recoup maintenance cost but I don't think they will unless something drastically changes. If they break even then they will be happy.

But its added decentralized security for the network and LEA supporting Crypto so it's a Win Win in my book.

How could they break even when they are competing against ASICs in data centers?

ASIC resistant blockchains.

No such thing.  Insider only ASIC blockchains yes.

[hisslyness]

The kikes can attempt to rig this to try and distract people from physical metals as much as they want, the goyim are simply not buying imaginary, valueless, digital shitcoins.

You are 100% correct, they are buying BITCOIN...

[jbreher]

You think having a botnet of real Bots is a bad idea?

Quite. But also very hard to see how the economic and business models will ever stack up.  

They are looking to recoup maintenance cost but I don't think they will unless something drastically changes. If they break even then they will be happy.

But its added decentralized security for the network and LEA supporting Crypto so it's a Win Win in my book.

How could they break even when they are competing against ASICs in data centers?

ASIC resistant blockchains.

No such thing.  Insider only ASIC blockchains yes.

Note the terminology employed. ASIC resistant. Not 'ASIC proof'. There currently exist blockchains upon which GPU mining is profitable.

[HairyMaclairy]

Evidently.  Is everyone being a little blasé?

Is it all 'meh, wake me up when it's 20K'...?

I'm not blase. I'm just a bit... wut?

I'm going to let it ride and be shocked by nothing.

Yes the current rise has exceeded expectations. Some zen required.  

[HairyMaclairy]

You think having a botnet of real Bots is a bad idea?

Quite. But also very hard to see how the economic and business models will ever stack up.  

They are looking to recoup maintenance cost but I don't think they will unless something drastically changes. If they break even then they will be happy.

But its added decentralized security for the network and LEA supporting Crypto so it's a Win Win in my book.

How could they break even when they are competing against ASICs in data centers?

ASIC resistant blockchains.

No such thing.  Insider only ASIC blockchains yes.

Note the terminology employed. ASIC resistant. Not 'ASIC proof'. There currently exist blockchains upon which GPU mining is profitable.

Fair enough

[JayJuanGee]

This time is different.^tm

Stop ruining the party... you negative nancy...^tm

 


 

But I thought we were supposed to be greedy when everyone is afraid and fearful when everyone is greedy. Or is that just something we tell ourselves in a bear market?

Only rich people say those kinds of things, not normies like us,....


Oh wait.. I forgot, "we" (that could be the royal "we") are not only NOT normies, we are rich... NOT ONLY regular rich, but "we" are bordering upon "filthy rich"

Since "we" are a new elite kind of gentlemen, sir, I forgot that it's nice to be the king.. .king of our own island.. and without regular worries.    

Good morning WO's!

Whoa, 12.000 observered during the night  
Support at 11.5k which correlates with 50% fib.

Nope, 11972 observed. We use Bitstamp in this thread.

That is be call Koreck.

You tell em, Arriemoller.   

[HairyMaclairy]

This time is different.^tm

Stop ruining the party... you negative nancy...^tm

 


 

But I thought we were supposed to be greedy when everyone is afraid and fearful when everyone is greedy. Or is that just something we tell ourselves in a bear market?

Only rich people say those kinds of things, not normies like us,....


Oh wait.. I forgot, "we" (that could be the royal "we") are not only NOT normies, we are rich... NOT ONLY regular rich, but "we" are bordering upon "filthy rich"

Since "we" are a new elite kind of gentlemen, sir, I forgot that it's nice to be the king.. .king of our own island.. and without regular worries.    

Good morning WO's!

Whoa, 12.000 observered during the night  
Support at 11.5k which correlates with 50% fib.

Nope, 11972 observed. We use Bitstamp in this thread.

That is be call Koreck.

You tell em, Arriemoller.    

“Everyone” is not greedy. Joe Public is still fearful from the 2018 crash. 

[JayJuanGee]

This time is different.^tm

Stop ruining the party... you negative nancy...^tm

 


 

But I thought we were supposed to be greedy when everyone is afraid and fearful when everyone is greedy. Or is that just something we tell ourselves in a bear market?

Only rich people say those kinds of things, not normies like us,....


Oh wait.. I forgot, "we" (that could be the royal "we") are not only NOT normies, we are rich... NOT ONLY regular rich, but "we" are bordering upon "filthy rich"

Since "we" are a new elite kind of gentlemen, sir, I forgot that it's nice to be the king.. .king of our own island.. and without regular worries.    

Good morning WO's!

Whoa, 12.000 observered during the night  
Support at 11.5k which correlates with 50% fib.

Nope, 11972 observed. We use Bitstamp in this thread.

That is be call Koreck.

You tell em, Arriemoller.    

“Everyone” is not greedy. Joe Public is still fearful from the 2018 crash.  

I don't believe you.

I would have to see those kinds of extraordinary claims supported by some kind of empirical evidence....... Perhaps a "meter" of some kind of reliable sorts?    

[nutildah]

Update on transaction fees for those who may be concerned:

I sent a transaction 12 minutes ago with a 21 sat/byte fee ($0.35; recommended is currently 51 sat/byte) and it confirmed in the next block.

I think people in large pay humongous fees either because they are:

a. Roger Ver sending bitcoin to himself in a quest to prove that BTC has high fees
b. sent by people who don't mind sparing a couple extra bucks to guarantee a quick confirmation time

Long story short: there's no reason to pay more than $2 in fees when $0.35 will do just fine.

[JayJuanGee]

You think having a botnet of real Bots is a bad idea?

Quite. But also very hard to see how the economic and business models will ever stack up.  

They are looking to recoup maintenance cost but I don't think they will unless something drastically changes. If they break even then they will be happy.

But its added decentralized security for the network and LEA supporting Crypto so it's a Win Win in my book.

How could they break even when they are competing against ASICs in data centers?

ASIC resistant blockchains.

No such thing.  Insider only ASIC blockchains yes.

Note the terminology employed. ASIC resistant. Not 'ASIC proof'. There currently exist blockchains upon which GPU mining is profitable.

I hate to get you back "on topic" jbreher, but I would like to confess that I made a bit of a orderbook/laddering/incrementalism "screw up."  

I had some sell orders fill in around the $11,950 price area, so I was resetting my buy orders, and the price was around $11,867, but I was setting one of my buy orders to buy back some of my coins in the $11,200 arena, but instead of typing $11,200, I fat fingered it (typed $12,200), and I accidentally bought immediately at $11,867.  

So when I make those kinds of buy/sell mistakes, I have to attempt to make up for it, by cancelling at least one additional buy back order, and hope that I am able to sell the same amount that I accidentally bought at a bit of a higher price.. at least break even, cover my fees, and maybe a few dollars profits, just for cushion (in case I make another quickie mathematical mistake)..

So, anyhow, I am kind of hoping for BTC prices to go short term UP before going short-term DOWN in order to get my various order books laddering etc re-synchronized.. otherwise, my orders will likely be out of sync for a bit of time... until I make up for the mistake in the opposite direction.  Either way, I am likely to get resynchronized, even though the mistake kind of screwed up my rhythm.

Surely, I have had much worse mistakes.  This mistake ends up still being profitable because mostly it covers my fees on both ends, but it is just inconvenient.  The worse mistakes are when I mistakenly buy back for more than I had sold and then having to account for fees, too,.. then I am kicking myself harder in those kinds of fat finger circumstances, and it usually takes longer to make up the difference when it is an already losing mistake... versus this one that was still covering my costs.  This one just caused me to make less money and for my orders to be out of sync and so I have to spend additional time paying attention to getting my orders resynchronized.. .. but if the BTC price goes up immediately to about $11,987-ish, then I will be pretty much back to the position that I would have been (absent the mistake) and quickly resynchronized... and back into regular and systematic business as usual mode.

Edit (21 minutes later):
Problem resolved.  Correction sell order filled.  I reset the correction sell order for $11,982-ish... because there was a little bit of a wall of coins at $11,984, so I wanted to make sure that my orders got filled, instead of getting stuck..... but either way the matter was resolved because the price went up beyond my amounts, and I was able to reset my buy orders back to the original intended amounts

[rdbase]

The new FIAT coin

I do like my pepe coins!
They will be worth more than gold one of these days.

We are reaching for $12000 now. Buckle in moon memes are about to roll out soon!

revised 20 minutes later looks like we broke that quite easily.

[TheJuice]

The new FIAT coin

I do like my pepe coins!
They will be worth more than gold one of these days.

We are reaching for $12000 now. Buckle in moon memes are about to roll out soon!

I am strapped in. HODL ON BOYS WE GOING TO MARS.

[GynBilog]

If you guys ever decide on The Philippines, I could host private security. (I'd need to pay my small special forces team a little bit more than usual.) @mic has been there sooo ... everyone who donates a little bit gets a bodyguard for the duration of your stay in the country and escort all the way from and to the airport.

We do have San Miguel Beer.

P.S. I would not suggest any drugs in the party.

Let's do Ginebra Gin  . Wish I could hang out with you guys!

[CryptoNeed]

12k is in again.  
13.5k is 61% fib.

[TheJuice]

12k is in again.  
13.5k is 61% fib.

Big walls on gdax, but should be able to pound through um.