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

[d_eddie]

Drinking Lambrusco is pretty much on par with drinking urine, isn't it? Take pee, dilute it, add sugar and carbonate it. Yuck.

What's next? Sparkling rose?

It's an offense to even call it wine.

I didn’t check personally, but I would prefer Lambrusco, for sure.

Having lived in California for much of my life, I miss a good red wine. I moved right when I was becoming a mature enough adult to really value the complex notes and subtleties of a slightly aged cab. In Asia, almost everything wine-related is a generic "red" or "Shiraz" from Australia, which is kind of a shit grape.

As far as "wine" goes, real men drink soju, or sake if you're Japanese.

I don't know much about soju - only had it a couple times, and it must have been low quality: slightly sour and without any subtlety.

Nihon-shu, on the other hand... a good kara-kuchi goes along well with most food, from meat to vegetables and of course fish/poultry.

[El duderino_]

Observing upwardsness.

Your observing-ability is accurate and correct, you observing this observable thing very good, keep observing an directly reporting here!!!!!!

Btw Thursday that means something I guess 

[d_eddie]

Btw Thursday that means something I guess 

Shh... don't poke the sleeping dragon, dude. 

[bkbirge]

[DeathAngel]

Oh shit, Tone Vays is officially Bullish now. All is lost

I just realized Tone Vays looks like someone I know for a very very long time.

He is...

Wait for it...

Does he cut his own hair with a knife & fork?

FFS

[Hueristic]

Alita will be for sure a movie I will be seeing more as 5 times For damn sure, I suggest some see it too

I think I'm on 3 or 4 times with Alita, your right it is a great flick.

[gentlemand]

I think I'm on 3 or 4 times with Alita, your right it is a great flick.

I dug it too but one thing I don't like about any film is when they assume they're going to get a sequel and do nothing to resolve the existing story. That was a poor show on their part.

[El duderino_]

Alita will be for sure a movie I will be seeing more as 5 times For damn sure, I suggest some see it too

I think I'm on 3 or 4 times with Alita, your right it is a great flick.

I really do understand that, just the special effects and how real she looks is made awesome...

I dug it too but one thing I don't like about any film is when they assume they're going to get a sequel and do nothing to resolve the existing story. That was a poor show on their part.

How do you mean with Alita? resolve which existing problem?

[jonoiv]

I know no one wants to hear it.  But ill let you all know anyway, sentiment is so possitive bitfinex is now 82% long 18% short.
https://datamish.com/d/000000004/btcusd?refresh=20s&orgId=1
https://blockchainwhispers.com/bitmex-position-calculator/

[El duderino_]

I know no one wants to hear it.  But ill let you all know anyway, sentiment is so possitive bitfinex is now 82% long 18% short.
https://datamish.com/d/000000004/btcusd?refresh=20s&orgId=1
https://blockchainwhispers.com/bitmex-position-calculator/

Huh?? I think everyone just staying online to see what you have to say

[wwzsocki]

To predict the end of the bull run already, as many above is still a lot too soon in my opinion, the chart looks still bullish like a hell.

BTC price sticks to the trend line and until not broken further down, I would even advise buying this discounted BTC.

Just look at the chart and keep in mind, that the second "golden cross" is coming and when the first one was confirmed, we have seen the run to AYH last time.

[gentlemand]

How do you mean with Alita? resolve which existing problem?

The whole film was built around the mystery of the fella with the unusual glasses and the smirk and what goes on up there.

Literally nothing was revealed about it or who he is, nor did she actually confront him.

[jonoiv]

I know no one wants to hear it.  But ill let you all know anyway, sentiment is so possitive bitfinex is now 82% long 18% short.
https://datamish.com/d/000000004/btcusd?refresh=20s&orgId=1
https://blockchainwhispers.com/bitmex-position-calculator/

Huh?? I think everyone just staying online to see what you have to say

Like that is it.  8.5k by 20th July  

[sirazimuth]

Good morning Bitcoinland

The correction/retrace continues... currently $11655USD/$15213CAD (Bitcoinaverage).

This is all the way back down to where we were 3 days ago.

My calls for a new AYH in July were predicated on staying over $12k. Now that that's fallen all bets are off. The battle for $12k could take some time.

Dear Lord, Lambrusco...
That is usually sold in bricks in Italy.

This post is worst than the pee one.

Drinking Lambrusco is pretty much on par with drinking urine, isn't it? Take pee, dilute it, add sugar and carbonate it. Yuck.

What's next? Sparkling rose?

It's an offense to even call it wine.

Medium bodied in character, it has subtle hints of robustness with a dense complexity.
It rolls off the tongue and finishes with a somewhat musty fragrant bouquet with racy acidic overtones....

[bitcoinPsycho]

Let us all take advise from nocoiners




















NOT (jjg style)

[JimboToronto]

Medium bodied in character, it has subtle hints of robustness with a dense complexity.
It rolls off the tongue and finishes with a somewhat musty fragrant bouquet with racy acidic overtones....

Grape Koolade?

Savor its complexities by complementing it with a fine aged Velveeta or Cheez-Whiz.

[JayJuanGee]

...
You can play bitcoin investment matters however you like but it seems like a decently postured asymmetric bet .....

It has always been an asymetric bet.....but that understanding comes with recognition that it is a bet, and thus has a finite probability of failure.

Going to our probability calculations,  I now estimate a 65% chance we are in a bull market. The latest rally ironically reduced that probability, because it deviated so much from the previous shallow waves.

The move to 13.5k can either be seen as a demonstration of relative strength, or as a failed parabolic rally in a bear market, which is a much more bearish signal.

So, bull market 65%, bear market 35%.  My breakdown of that :

New AYH within weeks 25%, bounce from support (at $6.5k, $8.5k) 15%, extended sideways consolidation 25%.

Slow grind down from here to below $3k 20%, dump followed by pump to a lower high 10%, crash to deep lows (sub 2k) 5%.

Those percentages are likely not a whole hell of a lot different from my own, but I don't think that we bounce around from bull to bear to bull so easily, but I agree that sometimes it can be a bit difficult to know exactly what we are in, so it might not be that we are bouncing around but just not sure about where we are at.

Anyhow, pretty much after we broke above $4,200 on April 1 and then we went to $6k ish and largely stayed UP for a considerable amount of time, that caused me to conclude, at first tentatively, that we had returned to the bull market.  So going back to a bear market would require a decent amount of down for a decent amount of time, otherwise we are merely in a correction of a bullmarket.

So seems to be one of my criticisms  of you, majormax, in that you are wanting to pull the bear trigger too quickly, from my assessment.

I find it bullish as fuck that our correction from $13,880 has only been down to $9,614... so damned.. seems to be bullish to me, even if there seem to be some difficulties getting back above $13k and staying there... Could take a few more days, or it could take a month or two to get back above $13,880, but that still seems to be bullish to me, as long as we don't drop below $7k.  If we drop below $7k, then at that point, we can start talking about the possibility of bearish.. and even that would not necessarily be a given bearish, depending on context.

[VB1001]

https://twitter.com/lopp/status/1149310714684858368

The perfect Twitter account for WO trolls.

[jojo69]

So it looks like I may be getting my .04 BTC back from MtGox.

Do tell?

[nutildah]

Medium bodied in character, it has subtle hints of robustness with a dense complexity.
It rolls off the tongue and finishes with a somewhat musty fragrant bouquet with racy acidic overtones....

For a moment there I thought you were talking about roach, but then I noticed you said "racy" and not "racist."

I always thought that would be a great job: writing those pretentious, extravagant wine descriptions you see on the labels of red wine bottles. Here's one for you I made just now, could probably apply to 100 different wines:

A light hearted frolicking of the gustatory senses, Kyuubi Valley Hodler conjures up reminiscings of first love in the fall, dewey meadow fields blanketed by a late afternoon sunshine and crisp autumn air. With delectable notes of cherry, plum, dandelion, sage, dry oak and a hint of saffron, it finishes with a velvet cake-like chocolate coating which stimulates dopaminergic neuroreceptors in a manner not unlike a good whiff of New Jack City era-crack cocaine. The perfect companion for a white meat, fish, lobster, or abalone.