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Question: What happens first:
$65,000 - 59 (86.8%)
$48,000 - 9 (13.2%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26336758 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (170 posts by 1 users with 9 merit deleted.)
fillippone
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July 24, 2019, 06:49:27 AM

Good morning WO!
Observing BTC@9695.
Bitcoin is dead!
Bitcoin is dead and wants to kill us!


A catastrphic study by IEA:

Bitcoin energy use - mined the gap

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As the price of bitcoin skyrocketed in 2017, attention turned to the cryptocurrency’s energy and environmental footprint. High-profile news articles reported that electricity use of the bitcoin network had equalled that of medium-sized countries and was on track to consume as much electricity as the United States in 2019 and all of the world’s energy by 2020. A widely reported article in Nature Climate Change warned that Bitcoin emissions alone could push global warming above 2°C.

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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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July 24, 2019, 06:53:39 AM

I have been having some troubles with the seemingly cancelling of BTC buy/sell orders on one of my exchanges.

Either I don't put the BTC buy or sell order through properly, or sometimes such orders are cancelling before they execute/fill

Hmm.

If I were in your shoes, I'd determine definitively whether it was me or the exchange that was at fault. If the exchange (indeed), I'd move to an exchange that treated me better.

Quote
Thx for quoting this , I had polo do this to me for 6 months, about a year before circle bought them, when I was margin trading and it was only when I made a winning bet a instant before the bots changed direction. I had the timing down pretty well and i guess they didn't like that. Smiley

Which exchange JJG?


Just because of some things that have been going on, I am not going to disclose which exchange, and I don't really believe that the cancelling of my BTC orders is a BIG deal....

I disagree. Well, not about your right to non-disclosure, but of your willingness to let your exchange get away with screwing you.

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sometimes there can be a few difficulties to vote with your feet in our current atmosphere, including the fact that some exchanges offer differing features, and there could be some reluctancies regarding setting up more and more accounts.

Battered spouse syndrome?

Quote
Jbreher should know that as well as anyone when he is involved in variations of bcash which tend to be less liquid than BTC, but maybe he is just trying to assert that bcash is expanding and wanting to suggest that people involved in a variety of shitcoins, including bcash, have more trading platform options as compared with BTC?

Not at all. I am just saying that such unilateral bad behavior (likely tacit evidence of front-running) should not be tolerated.

Whatevs, man. If'n you enjoy (figuratively) taking it up the rear, that's your choice.
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July 24, 2019, 07:06:46 AM

Just bought ze dip. (4 digits, couldn't resist) As I said I wouldn't be surprised if this goes to $7.5k or even below $7k for a short moment before making the huge jump.

Simiar events happened before the $20k ATH. 200DMA is the real solid support here. 50DMA is not.
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July 24, 2019, 07:12:25 AM

I have been having some troubles with the seemingly cancelling of BTC buy/sell orders on one of my exchanges.

Either I don't put the BTC buy or sell order through properly, or sometimes such orders are cancelling before they execute/fill

Hmm.

If I were in your shoes, I'd determine definitively whether it was me or the exchange that was at fault. If the exchange (indeed), I'd move to an exchange that treated me better.

Quote
Thx for quoting this , I had polo do this to me for 6 months, about a year before circle bought them, when I was margin trading and it was only when I made a winning bet a instant before the bots changed direction. I had the timing down pretty well and i guess they didn't like that. Smiley

Which exchange JJG?


Just because of some things that have been going on, I am not going to disclose which exchange, and I don't really believe that the cancelling of my BTC orders is a BIG deal....

I disagree. Well, not about your right to non-disclosure, but of your willingness to let your exchange get away with screwing you.

Holy fuck.

Is this what I get for engaging with bcash pumpin shill trolls?

A bunch of assumptions regarding facts not in evidence.  I already told you that the issue is not as BIG as you are making it out to be, but you want to make the matter some kind of central theme just to stir more shit than necessary.


sometimes there can be a few difficulties to vote with your feet in our current atmosphere, including the fact that some exchanges offer differing features, and there could be some reluctancies regarding setting up more and more accounts.

Battered spouse syndrome?

Again, you are creating your question based on your own fabricated and exaggerated version of facts that are not in evidence... you diptwat.


Jbreher should know that as well as anyone when he is involved in variations of bcash which tend to be less liquid than BTC, but maybe he is just trying to assert that bcash is expanding and wanting to suggest that people involved in a variety of shitcoins, including bcash, have more trading platform options as compared with BTC?

Not at all. I am just saying that such unilateral bad behavior (likely tacit evidence of front-running) should not be tolerated.

Whatevs, man. If'n you enjoy (figuratively) taking it up the rear, that's your choice.

Oh gawd you are an exaggerator.. makes me want to repeat my above prayer:  Holy shit.
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July 24, 2019, 07:38:41 AM

Augh. Watching this drop is depressing. Gonna tune out for a while and concentrate on healing/physio.

Fucking Bitcorn. Doesn't look like I'm helping Rick retire sooner, at this rate.

Sheeit. Just Goddamnit even.

Take care of your health !!!! We need you a lot and for a looooooo......ng period in this thread!

Make yourself a white russian relax and enjoy the fruits of life...



PS: retire plan still on a better path as few months back I guess Cheesy
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July 24, 2019, 07:43:37 AM

No need to panics boys, everything as expected so far.

Time to panic is when we break down under 7k, everything to 7,5k in the next 2 months is fine Smiley
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July 24, 2019, 07:49:16 AM

I REGISTERED SPECIFICALLY TO PARTICIPATE IN THIS ABSOLUTELY BASED THREAD
Good morning alevlaslo
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July 24, 2019, 07:58:55 AM

I started a new poll in Meta, its Bitcointalk's Official Troll Poll:

https://bitcointalk.org/index.php?topic=5168331.0

Feel free to nominate up to 2 members there, to help me get the thing rolling, so I don't look like an idiot. Thanks!
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July 24, 2019, 08:10:18 AM

Well, say something that is somewhat relevant then, besides your "hi" that does not even quite say "hi."

Hi J1GGY !! Can you please tell me, what is the meaning of "Wall Observer", as in the title of this glorious thread?

and you don't need to bold or capitalize in order to get our attention. 

Gotta get them  S T Y L E   P O I N T S  Wink

If you post like an attention whore, then you probably will not receive a very decent welcome, but perhaps we will be able to give you a little bit of benefit of the doubt on your first post, perhaps?...

What?! Really? The benefit of the doubt? Seriously? You would give me that? On my very first post?!? YES PLEASE!! Pretty please with a big fat red dildo on top!

Maybe get started by telling us about your relationship, if any, with our lil fiend, bitcoin?

I honestly don't know that much about it, although I am very interested in understanding what it is and how it works; I have been following the price, on and off, for quite some time.
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July 24, 2019, 08:17:55 AM

Just bought ze dip. (4 digits, couldn't resist) As I said I wouldn't be surprised if this goes to $7.5k or even below $7k for a short moment before making the huge jump.

Simiar events happened before the $20k ATH. 200DMA is the real solid support here. 50DMA is not.

Yes, good support at 6.5 to 7.5k. It has not been properly tested yet. The parabolic top spoiled the steady rise, and needs a lot more time and work to allow the MA's to catch up.

A drop to 7.5 and steady recovery into year end would still be a very positive result for 2019.
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July 24, 2019, 08:21:04 AM

Just bought ze dip. (4 digits, couldn't resist) As I said I wouldn't be surprised if this goes to $7.5k or even below $7k for a short moment before making the huge jump.

Simiar events happened before the $20k ATH. 200DMA is the real solid support here. 50DMA is not.

Yes, good support at 6.5 to 7.5k. It has not been properly tested yet. The parabolic top spoiled the steady rise, and needs a lot more time and work to allow the MA's to catch up.

A drop to 7.5 and steady recovery into year end would still be a very positive result for 2019.

And if it would end breaking ATH instead.... not going lower as 9k... would that be consider bullish as well? Or do you think support needs to be tested first to achieve a healthy climb?

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July 24, 2019, 08:26:55 AM
Last edit: July 24, 2019, 01:56:25 PM by mindrust
Merited by JayJuanGee (1)

Just bought ze dip. (4 digits, couldn't resist) As I said I wouldn't be surprised if this goes to $7.5k or even below $7k for a short moment before making the huge jump.

Simiar events happened before the $20k ATH. 200DMA is the real solid support here. 50DMA is not.

Yes, good support at 6.5 to 7.5k. It has not been properly tested yet. The parabolic top spoiled the steady rise, and needs a lot more time and work to allow the MA's to catch up.

A drop to 7.5 and steady recovery into year end would still be a very positive result for 2019.

And if it would end breaking ATH instead.... not going lower as 9k... would that be consider bullish as well? Or do you think support needs to be tested first to achieve a healthy climb?



It doesn't need to be tested, it is just among the possibilities. Unless the price stays under the 200DMA for a considerable amount of time, it will be bullish.

See that chart:

https://www.tradingview.com/chart/DL4HQwBW/

As long as the orrange line looks upwards, we are fine. (sideways is fine too but i would start to worry at that point)

edit: I just realized i can't share tradingview links that way.

Just see this pic then:
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July 24, 2019, 08:28:46 AM
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July 24, 2019, 08:34:52 AM

Just bought ze dip. (4 digits, couldn't resist) As I said I wouldn't be surprised if this goes to $7.5k or even below $7k for a short moment before making the huge jump.

Simiar events happened before the $20k ATH. 200DMA is the real solid support here. 50DMA is not.

Yes, good support at 6.5 to 7.5k. It has not been properly tested yet. The parabolic top spoiled the steady rise, and needs a lot more time and work to allow the MA's to catch up.

A drop to 7.5 and steady recovery into year end would still be a very positive result for 2019.

And if it would end breaking ATH instead.... not going lower as 9k... would that be consider bullish as well? Or do you think support needs to be tested first to achieve a healthy climb?



No ATH by this or next month sir. ^_+
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July 24, 2019, 08:36:41 AM

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Made me laugh out loud on a terrace ...... (gonna merit later when replenish!!!)
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July 24, 2019, 08:36:47 AM
Last edit: May 16, 2023, 07:30:43 AM by fillippone




source: howmanyconfs.com

FYI, this is a worthless metric.

Could you elaborate more on this?
I strongly disagree as the security implied in Bitcoin (ledger costliness) is one of the main value proposition for bitcoin imho.

Who would Store Value on an insecure blockchain?



El duderino_
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July 24, 2019, 08:38:19 AM

Just bought ze dip. (4 digits, couldn't resist) As I said I wouldn't be surprised if this goes to $7.5k or even below $7k for a short moment before making the huge jump.

Simiar events happened before the $20k ATH. 200DMA is the real solid support here. 50DMA is not.

Yes, good support at 6.5 to 7.5k. It has not been properly tested yet. The parabolic top spoiled the steady rise, and needs a lot more time and work to allow the MA's to catch up.

A drop to 7.5 and steady recovery into year end would still be a very positive result for 2019.

And if it would end breaking ATH instead.... not going lower as 9k... would that be consider bullish as well? Or do you think support needs to be tested first to achieve a healthy climb?



No ATH by this or next month sir. ^_+

The year still has 5 months and a few days Sir Smiley
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July 24, 2019, 09:06:42 AM

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July 24, 2019, 09:26:38 AM



It doesn't need to be tested, it is just among the possibilities. Unless the price stays under the 200DMA for a considerable amount of time, it will be bullish.

See that chart:

https://www.tradingview.com/chart/DL4HQwBW/

As long as the orange line looks upwards, we are fine. (sideways is fine too but i would start to worry at that point)

Exactly so.  The strength of any move can be fully seen in hindsight, by looking at the response to support/resistance levels.  Parabolic moves are generally bad in that they interrupt steady progress (or completely end bull markets). Assuming that the bull move is still intact , the speculative effects of the spike need to be worked-off before a rise can resume.  It is just as much a function of time as of price.


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July 24, 2019, 10:11:20 AM

Remember

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Good healthy breakfast to HODL strong
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