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

[JayJuanGee]

mercury is in retrograde from july 7 to july 31, wonder what that means for the price of bitcoin  

of course this is a bad period for bitcoin:

Mercury retrograde brings communication and technology breakdowns, nervous anxiety, travel delays, and lost items. There is a feel of a difficult Mercury–Saturn aspect about Mercury retrograde. You can also expect to dwell on things, reminisce about the past, or unexpectedly meet up with people from your past. While the Mercury retrograde period might be good for flicking through old photo albums, it is generally considered more of a nuisance than a benefit.

Mercury retrograde can play havoc with your thoughts, communications, travels, and electronics. Take extra care with your words and try not to react too quickly in any arguments or if provoked. Take some time out if you start to feel overwhelmed by the hectic pace. Double-check all of your emails and posts on Facebook before hitting the send button.

Business negotiations will be in a state of flux during Mercury retrograde so avoid signing contracts. Some important details will not yet b available, and others may be unreliable or dishonest. If going on a road trip then make sure you get your car serviced beforehand. The riskiest times for decision-making, negotiations, communication, and transport are the few days either side of the exact retrograde and direct stations. However, care should still be taken during the retrograde period.

Source
https://astrologyking.com/mercury-retrograde-july-2019/

Dear Lord, such a load of shit.

alright i’ve got buy orders staggered every $500 until btc goes to $1 again!!

You, Gembitz,Tone Vays, and Tyler Jenks.    jonoiv is waiting for $6,000 before his buy orders even begin, and  Roach and BillyJoeAllen are waiting for $700 before they begin their buy orders.  Stubborn but optimistic lil fucks, who are NOT too likely to increase your stashes, especially regarding any of your orders below $7,500.   

You forgot the great bear llama aka proudhon another dipshit waiting for 3 digits or whatever... 

Hahahahaha..

Yeah... How could I forget about that nimcompoop, aka proudhon?

You are correct.  He seems to be in the Roach/BillyJoeAllen Category, and he might even be a bit more severely delusional than those two in regards to his comically low expectations.  He might even be starting his buy orders in the double digits, which means that he is going to continue to fulfill his personal wish to maintain nocoiner status, until coins are above $1million and he may buy then?

[ivomm]

The next 24 hours are critical.  If the bears fail to bring it down further, the bulls will have an open seson to shoot down the bears and kill the ATH.

Are you talking about ATH or AYH?

Seems a bit too premature to be talking about ATH, just yet, right?

Don't we gotta get above AYH first, and also once we get above AYH, there could be some resistance in the $16k to $17.5k arena that slows us down in terms of getting to ATH..... yet I tentatively believe that once we get into the $17,500 or above range, then there could be a bit of "inevitability" that gets  factored into BTC price dynamics, and sure nothing is a given in BTC, but kind of still seems that $17.5k to about $24k is going to remain a kind of deadman's zone... Surely, you can trade a bit to kind of protect yourself just in case the less likely scenarios play out, but the more likely bet is that we are not very likely to get stuck in the $17.5k to $24k for very long, unless we shoot significantly past them first.. perhaps $40k-ish minimum...

By the way, personally, I still will sell a bit of coin in the $17.5k to $24k price range as a kind of mechanical insurance, even though I kind of consider selling in that whole range to be a kind of charity from me to BTC 's market liquidity - while at the same time, I just have some difficulties diverting too much from a plan and schedule that I have already developed that seems to work pretty damned well for my own situation including my psychology.

I meant ATH but in 3-6 months perspective. If the bears push the price way below 10K, it will take more time to breach the ATH. The bulls on the other hand want to breach the ATH as early as possible to drive the price in the 40-50K area after the halving. I agree with you that there will be some resistance at 17-18K. But I think the bulls will be prepared for this important target and there is a chance we would pass the ATH without a correction at 17K, just like we breached easily 10K. Of course, the correction around 17K is more probable, but I won't bet on it to trade. My stash is so small that I can't afford to lose any of it in a bad trade. I just value Bitcoin more than the fiat. If we are going down, I am only sad because I am not able to predict the dips and rebuy lower. I never regret for the lost fiat value. I never play lottery, but if I play and win millions, guess what I would do with most of it! That's right, I will buy bitcoins! I would love to have several hundreds of millions and execute a direct buy on some exchange to shoot the price up by 20%. And one day if I sell, I would sell carefully in small portions only what I need in real life. Not like those morons that crash the market with panic dump sells. Oh, I got carried away... I am sitll poor in terms of bitcoins   As for the fiat, I have exactly the sum I will be paid until I retire, so I am not fiat poor at least in my shitty country.

[serveria.com]

Tennis (men's final) was great too.

sub 10k we play table tennis :-D weeee

Above is an example of hopium...


I love your never ending and ongoing optimism, gembitz....


wwwweeeeeeeeeeeee

Gembitz is at least intelligent enough not to post bearish bs during the pumps. Unlike his fellow clowns jonoiv, roach, proudhon etc...  

WEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE!

[600watt]

in june 2011 btc peaked around $30. it went down 90% to $2 in november 2011. then it almost quadrupled to $7,30 in january 2012, creating a lower high in regard to the $30 peak. by end of january 2012 it had a 50% correction all the way down to $3,70

it went parabolic again in june/july 2012 and made a peak at $16,40 by august 2012 (4x but still lower high in regard to ath) only to crash down to $7 (more than 50% correction) then it climbed back to $13, but that took the rest of 2012.

it went parabolic again in january 2013, took the old ath in february and went all the way to $260 until april 2013.


the bull run from $3200 to $13800 was normal behavior. if we have a 40% correction down to $8200 it will be normal behavior. painting a lower high regarding 2017 ath is normal behavior.  

if it plays out like it did in the examples i gave, it will take until end of this year to climb back to $13800.

sit back and relax, enjoy the show. i am not the least bit concerned about bitcoins status as the best investment opportunity in the history of finance. it will stay that way. hodlers will be rewarded. weak hands will get punished hard.

extra bonus this time around is the collapse of the shitcoins. let the scamcoin fucktards wait for the "altcoin season" until they are broke.


june 2011: peak $30
nov. 2011: $2
jan.  2012: $7,30
feb.  2012: $3,70
aug. 2012: $16,40
aug. 2012: $7
jan.  2013: $13


edited

[Ibian]

Grown men kicking around a ball is fascinating.

Full disclosure: I held the EU football trophy in my tiny little grubby hands when I was ten. Didn't care much about it back then either, but it least it was marginally interesting.

[JayJuanGee]

The next 24 hours are critical.  If the bears fail to bring it down further, the bulls will have an open seson to shoot down the bears and kill the ATH.

Are you talking about ATH or AYH?

Seems a bit too premature to be talking about ATH, just yet, right?

Don't we gotta get above AYH first, and also once we get above AYH, there could be some resistance in the $16k to $17.5k arena that slows us down in terms of getting to ATH..... yet I tentatively believe that once we get into the $17,500 or above range, then there could be a bit of "inevitability" that gets  factored into BTC price dynamics, and sure nothing is a given in BTC, but kind of still seems that $17.5k to about $24k is going to remain a kind of deadman's zone... Surely, you can trade a bit to kind of protect yourself just in case the less likely scenarios play out, but the more likely bet is that we are not very likely to get stuck in the $17.5k to $24k for very long, unless we shoot significantly past them first.. perhaps $40k-ish minimum...

By the way, personally, I still will sell a bit of coin in the $17.5k to $24k price range as a kind of mechanical insurance, even though I kind of consider selling in that whole range to be a kind of charity from me to BTC 's market liquidity - while at the same time, I just have some difficulties diverting too much from a plan and schedule that I have already developed that seems to work pretty damned well for my own situation including my psychology.

I meant ATH but in 3-6 months perspective. If the bears push the price way below 10K, it will take more time to the breach the ATH. The bulls on the other hand want to breach the ATH as early as possible to drive the price in the 40-50K area after the halving. I agree with you that there will be some resistance at 17-18K. But I think the bulls will be prepared for this important target and there is a chance we would pass the ATH without a correction at 17K, just like we breached easily 10K. Of course, the correction around 17K is more probable, but I won't bet on it to trade. My stash is so small that I can't afford to lose any of it in a bad trade. I just value Bitcoin more than the fiat. If we are going down, I am only sad because I am not able to predict the dips and rebuy lower. I never regret for the lost fiat value. I never play lottery, but if I play and win millions, guess what I would do with most of it! That's right, I will buy bitcoins! I would love to have several hundreds of millions and execute a direct buy on some exchange to shoot the price up by 20%. And one day if I sell, I would sell carefully in small portions only what I need in real life. Not like those morons that crash the market with panic dump sells. Oh, I got carried away... I am sitll poor in terms of bitcoins   As for the fiat, I have exactly the sum I will be paid until I retire, so I am not fiat poor at least in my shitty country.

I think that I can relate to most of what you say in regards to preferring to accumulate BTC, and don't really want to get caught into situations that you do not have enough BTC, because you ended up taking too many risks in attempting to get more of it. 

Also, good to already have a decent fiat cashflow too, in order that you are not feeling anymore  urgencies to sell and can ride out a decent amount of expected ongoing BTC price volatility.

[HairyMaclairy]

Ok, who wants to move to Tbilissi ?

That’s way too fucking cold

[jbreher]

2019

Last update.

https://bitcointalk.org/index.php?topic=5090869.0

List is missing WeExchange 2013.

https://bitcointalk.org/index.php?topic=316546.0

It is already included / WeExchange 2013

Thx, jbreher

https://bitcointalk.org/index.php?topic=5090869.0

Sorry. I guess I missed it.

Thanks.

[HairyMaclairy]

Was Fed too tired or what? 

Of course the Fed is tired of printing printing printing...
Oops! Different topic sorry 

Nice

[El duderino_]

HODLsleep gonna start early today, which nr Will I see in let us say over 8 hours ??

[LFC_Bitcoin]

HODLsleep gonna start early today, which nr Will I see in let us say over 8 hours ??

$10,864

[El duderino_]

Gonna guess 11+
Call me a BULL in heart .... goodnight WO-bro’s, let me dream over Some bitcoin dildo’s!

[WinslowIII]

Tennis (men's final) was great too.

Boring. Money has ruined sports. Back in the 70s winning Wimbledon meant something because the winner needed the money - there was a lot at stake, and that totally made the drama. These bazillionaires playing today were only playing for another feather in their caps. So GD boring I had to fast forward most of it. The effects of the ability to print money out of thin air is seen everywhere, but especially with sports. What a fucking joke our world has become because of fiat.

[Biodom]

without opining on post-halving/halvening course, it would be interesting if 2019 is a mini-me of 2013.

13.8K would represent a first peak (342% up)
6.6K-9K and in any case less than 73% (50-73% most likely) decline would represent the equivalent of the 2013 summer doldrums.
The second leg up: from, say, $8.4K to 28.7K or from 6.6K to 22.57K or from 9K to 30.8K (the latter two map the outlier marks of the destination).
Explanation: I chose percentages of the upside in the second leg to be the same as the first leg (as they were similar between two 'legs' in 2013 as well).

Tennis (men's final) was great too.

Boring. Money has ruined sports. Back in the 70s winning Wimbledon meant something because the winner needed the money - there was a lot at stake, and that totally made the drama. These bazillionaires playing today were only playing for another feather in their caps. So GD boring I had to fast forward most of it. The effects of the ability to print money out of thin air is seen everywhere, but especially with sports. What a fucking joke our world has become because of fiat.

Somewhat true, especially in football (soccer). Mediocre players are being sold for £50mil.
Players which are OK, but not really great-above £120 mil (Coutinho and Dembele).

[xhomerx10]

I decided to watch some BBC Earth tonight and they're doing an expose on bacteriophage therapy in Tbilisi of all places.  Yet another reason to locate there
Also, rather than Lambos at $100k, maybe we should move into the 21st century.



Flyboards!  A couple of tiny jet engines strapped to your feet.

[Raja_MBZ]

I'm overall bearish on bitcoin until this trend breaks out:

It's happening, guys... IT'S HAPPENING!

1-year change:


~snip~

Even better:

[WinslowIII]

without opining on post-halving/halvening course, it would be interesting if 2019 is a mini-me of 2013.

13.8K would represent a first peak (342% up)
6.6K-9K and in any case less than 73% (50-73% most likely) decline would represent the equivalent of the 2013 summer doldrums.
The second leg up: from, say, $8.4K to 28.7K or from 6.6K to 22.57K or from 9K to 30.8K (the latter two map the outlier marks of the destination).
Explanation: I chose percentages of the upside in the second leg to be the same as the first leg (as they were similar between two 'legs' in 2013 as well).

Tennis (men's final) was great too.

Boring. Money has ruined sports. Back in the 70s winning Wimbledon meant something because the winner needed the money - there was a lot at stake, and that totally made the drama. These bazillionaires playing today were only playing for another feather in their caps. So GD boring I had to fast forward most of it. The effects of the ability to print money out of thin air is seen everywhere, but especially with sports. What a fucking joke our world has become because of fiat.

Somewhat true, especially in football (soccer). Mediocre players are being sold for £50mil.
Players which are OK, but not really great-above £120 mil (Coutinho and Dembele).

In what sane world does a boxer make $100m+ in one fight? unbacked fiat has made all of this insanity possible.

[gembitz]

I decided to watch some BBC Earth tonight and they're doing an expose on bacteriophage therapy in Tbilisi of all places.  Yet another reason to locate there
Also, rather than Lambos at $100k, maybe we should move into the 21st century.



Flyboards!  A couple of tiny jet engines strapped to your feet.

flying chainsaws when?    weeee #timberrr

[JayJuanGee]

without opining on post-halving/halvening course, it would be interesting if 2019 is a mini-me of 2013.

13.8K would represent a first peak (342% up)
6.6K-9K and in any case less than 73% (50-73% most likely) decline would represent the equivalent of the 2013 summer doldrums.
The second leg up: from, say, $8.4K to 28.7K or from 6.6K to 22.57K or from 9K to 30.8K (the latter two map the outlier marks of the destination).
Explanation: I chose percentages of the upside in the second leg to be the same as the first leg (as they were similar between two 'legs' in 2013 as well).

Even though we might be able to have two peaks, y0our comparison does not even seem close to me, unless either you:  1) count the first 2013 peak as the 2017 $19,666, then that would mean that the next peak is to come or 2) this $13,880 cannot be a peak except to be a kind of late 2015 peak of $504, which is just an intermediate stage, but anyhow under a second "two peaks theory" then the two peaks would still be to come, so maybe we would have a peak this year and another one next year, but the peaks still have to each be ATHs like they were in 2013... so anyhow, I am getting all screwed in the head merely attempting to rebutt your $13,880 peak theory because $13,880 is no kind of meaningful peak, its just an intermediate stop, like a baby peak (or a baby bullhorn spouting out of its little head before dee bull grows UPpity)

[rafanadal]

what the fuck is going on ?
what's the reason for this dump?
Trump's tweets ?