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December 15, 2019, 12:42:08 PM *
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Question: Dec. 14 Closing Price:
<$6,000 - 10 (10.8%)
$6,000-$6,500 - 5 (5.4%)
$6,500-$7,000 - 11 (11.8%)
$7,000-$7,500 - 14 (15.1%)
$7,500-$8,000 - 18 (19.4%)
$8,000-$8,500 - 11 (11.8%)
$8,500-$9,000 - 4 (4.3%)
>$9,000 - 20 (21.5%)
Total Voters: 93

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21459738 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. (137 posts by 31 users deleted.)
lightfoot
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August 20, 2019, 05:21:04 AM

Facts have a liberal bias

Two of my key axioms in life:

1) Reality exists
2) Contradictions, by their very nature, do not exist.
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nutildah
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August 20, 2019, 06:04:14 AM

.....I made one small addition, see if you can spot it.
....

zero hedge...

...do I win  a tee shirt?

Nope, even better: 1 merit + 1 WO merit.

Alex Jones has been right all along. It's not for nothing that deplatforming is called being Alex Jones'd.

Right about what? Chemtrails? Crisis actors? The water turning the frogs gay? Everything that comes out of that fat turds mouth is garbage.

He was de-platformed for being viciously, unapologetically full of shit, as well as a grade-A asshole. "Freedom of speech" doesn't apply to social media outlets.

Basically, fuck him for making the world a stupider place to live in.

Good morning WO!  Grin
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August 20, 2019, 06:23:38 AM
Merited by JayJuanGee (1)

Good Morning WO!
Observing BTC 10,760.
More importantly observing BTC protocol getting better and better:

Quote
Just announced our Miniscript project website on the bitcoin-dev mailinglist: bitcoin.sipa.be/miniscript/
https://twitter.com/pwuille/status/1163592166062473217

In the thread Peter Wuille details some use of this:

Quote
In short, it's a way to write (some) Bitcoin scripts in a structured, composable way that allows various kinds of static analysis, generic signing, and compilation of policies.
Quote
Imagine a company wants to protect its cold storage funds using a 2-of-3 multisig policy with 3 executives. One of the executives however has a nice 2FA/multisig/timelock based  setup on his own. Why can't that entire setup be one of the multisig "participants"?
Quote
A lot of work is focused on extensions to the functionality of the blockchain itself to support more complex application, but I feel we're forgetting that using these features in an accessible, composable, analyzable way is basically impossible today.

Bitcoin protocol is getting better.
Better bitcoin protocol means bitcoin is more valuable
Better bitcoin protocol means shitcoins are less valauable!
GreatArkansas
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August 20, 2019, 06:41:33 AM

Another continuation pattern eh? Bakkt PUMP for breakout upside Shocked
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August 20, 2019, 06:49:44 AM

Here’s the thing.  

I am an avowed leftie and I have never heard of any of the organizations on the hard left of the spectrum, other than Daily KOS.  And I can’t remember having recently read anything on Daily KOS.    

Hmm... what do we see right above DalyKos?
The Young Turks, HuffPost, MSNBC... and you never heard of them?
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August 20, 2019, 07:00:28 AM
Merited by vapourminer (1), d_eddie (1), fillippone (1)

Good morning WO! It is nice to see a lil pump during the night, although it dried a bit. But it is better to have a normal and steady increase than buy the news sell the fact kind of pumps. Let's hope the traders realize than after the launch of bakkt, it will have an actuall effect on the price. Unlike the CME futures, bakkt will operate with real bitcoins. So, clearly, these bitcoins will be removed from the regular exchanges, which is good. There are however several questions that still need to be answered.

1. Will the clients be able to simply buy and hold bitcoins in bakkt custody, or need to make a futures contract? If they need to make such a contract, can it be made in such a way that it is a mere formality, i.e., the profit/loss in terms of bitcoins related to the right/wrong guessing of the price in negligible? And for how long they can be held there? I've read somewhere it is up to a year, but what happens afterwards is not clear.

2. Will all clients of bakkt be allowed to deposit/withdraw bitcoins? If both actions are allowed, then bakkt will be pretty much like a regular exchange and the price of bakkt will influence the price on the other exchanges. But if bakkt's staff only buys/takes bitcoins from OTC desks and not from every client, then the price of bakkt should not influence the price on the other exchanges, since nobody will be able to move coins and sell them on bakkt.

3. What is the expected amount of new bitcoins entering bakkt each month? The chief of Coinbase tweeted that for this year their custody has attracted $200-400 millions per week from institutions. This would mean around 100 000 bitcoins per month at a price of 10 000. If this is true, it explains why the volume in CB is so high this year (2-4 times higher than in 2018). Are we talking for a similar amount, smaller, or bigger - like an ETF would attract? 

These are the questions that spring to my mind. Hopefully, we will soon get some answers by bakkt's staff. For others, we will have to wait several months.
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August 20, 2019, 07:06:57 AM

.....I made one small addition, see if you can spot it.
....

zero hedge...

...do I win  a tee shirt?

Nope, even better: 1 merit + 1 WO merit.

Alex Jones has been right all along. It's not for nothing that deplatforming is called being Alex Jones'd.

Right about what? Chemtrails? Crisis actors? The water turning the frogs gay? Everything that comes out of that fat turds mouth is garbage.

He was de-platformed for being viciously, unapologetically full of shit, as well as a grade-A asshole. "Freedom of speech" doesn't apply to social media outlets.

Basically, fuck him for making the world a stupider place to live in.

Good morning WO!  Grin
All of those things.
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August 20, 2019, 07:23:39 AM
Merited by bones261 (2), mindrust (1)




Btc/Usd short term

The first 4h chart (CME Bitcoin Chart) shows you the yellow and the purple line, which are very important on the cme chart. Whenever btc goes above those 2 lines on the 4h chart we get a bullish short term momentum. Btc went above it and now it's testing the yellow line. If it stays above the yellow and the purple line and closes 4h candles above them it will be bullish, at least for the short term.

The second chart is a short term chart where we can see the uptrending channel. Bitcoin making his moves between the white channel lines. Btc made a pause at the top of the uptrending channel. There is also the daily moving average line at 10.995 usd . Bitcoin is currently positioned between 2 daily moving average lines, the daily MA 20 at 10.990 usd and the daily MA 50 at 10.800 usd.
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August 20, 2019, 08:42:58 AM

GreatArkansas
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August 20, 2019, 08:54:40 AM

Much better now, lol. What maybe happened? Hacked? the twitter account really changed  Cheesy

Additional, there are some poison people on the list accounts of following by Bitcoin, especially this ponzi shitcoin shiller  Cheesy
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August 20, 2019, 09:13:23 AM
Last edit: August 20, 2019, 09:27:41 AM by SuperTA
Merited by Cryptotourist (1)



Why you shouldn't trust CNBC Bitcoin Predictions
https://bitcointalk.org/index.php?topic=5176891.msg52204427#msg52204427

JSRAW
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August 20, 2019, 09:24:31 AM

Much better now, lol. What maybe happened? Hacked? the twitter account really changed  Cheesy

Additional, there are some poison people on the list accounts of following by Bitcoin, especially this ponzi shitcoin shiller  Cheesy


No hack... as far as i know.

Poisonous category belongs to politicians IMO, so can't use this term for any journalist or entrepreneur. Still, I don't mind using derogatory words against them because of my biases or when a situation demands.
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August 20, 2019, 09:35:51 AM



Amazing! What a fuck you to Roger  Cheesy Cheesy Cheesy
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August 20, 2019, 09:50:47 AM



Why you shouldn't trust CNBC Bitcoin Predictions
https://bitcointalk.org/index.php?topic=5176891.msg52204427#msg52204427

Nice m8, but I do sort of trust them, much like a reverse indicator. Wink
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August 20, 2019, 09:55:00 AM



Why you shouldn't trust CNBC Bitcoin Predictions
https://bitcointalk.org/index.php?topic=5176891.msg52204427#msg52204427

Nice m8, but I do sort of trust them, much like a reverse indicator. Wink

Yes, lol. They were almost too good for that Cheesy
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August 20, 2019, 10:17:16 AM

Those who don't have Bitcoin in any real amount, think about SEX.

Those who have bitcoin have no need to think about bitcoin. So they have sex.

Sex is for children, adults bitcoin.  Cool
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August 20, 2019, 10:21:10 AM

I voted bitcoin in the poll too. Sex is overrated, bitcoin can make us happy forever when it moons. Sex lasts 20 minutes at a time & that’s good going for most of us.

Give me 100BTC & I’m happy forever. I’d prefer that to a super model every day.
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August 20, 2019, 10:24:39 AM
Merited by JayJuanGee (1)

Those who don't have Bitcoin in any real amount, think about SEX.

Those who have bitcoin have no need to think about bitcoin. So they have sex.

Sex is for children, Edit.  Cool

If Pee Pee working fine then its for everyone. Tongue
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August 20, 2019, 10:34:18 AM
Merited by JayJuanGee (1)

like ivomm said, I can see any poster that gets a bit pissed off when it seems that such certainty is being called with down that it could get fence sitters and nocoiners and newbies to wait when they should be buying... because even if the likelihood of down looks so damned good, many times newbies, fence sitters and nocoiners should just be establishing a plan and taking action rather than waiting, as some of the down before up predictions seem to encourage, even if down before up might end up being correct.  

From long experience of markets, I have noted that this sort of balance (where there is excessive critique of bearish opinion) is invariably a significantly bearish sign for the stock/market involved.

Could be, yet I don't believe that either ivomm or serveria were being excessive in their criticisms towards the bearish opinions, and like I said above, we might be getting too many newbies, nocoiners and fence sitters waiting when they should be buying and developing a plan for buying and taking a stake in BTC, for their own good.



That's the thing Jiggy, when someone makes a bullish post - there are no disputes or confrontations - ever.
On the other hand if a member (non-legendary usually) makes a bearish remark, he can find himself been accused of lying, manipulating or trying to influence newbies, & even as far as trying to discredit other members that might have the same opinion.

Heh, I remember JayJuanGee denounces me as a bear once, even tho my posts were actually bullish.



Several times
JJG once got annoyed at me for my various dumbass behaviors including my being too bullish and calling bottom and declaring a new Bull Market in December 2018. We are cool now though, and mostly bordering on being the best of buds......  Wink

247 days into the new BTCull Market and all is well.  Cheesy

FTFY
[/quote]

Nice post JJG, long as usual, but well thought out while being entertaining with little to no redundancy. Kudos. At its very essence imo its pretty noble for serveria and ivomm to get mad about a bearish post, I mean its kinda one of things where the sound money cause is bigger than a personal prediction of where price will go. As a frequent partaker in Bullish propaganda production I respect this.

My thing w ivomm was more about the actual content of his posts and how they werent accurate in their portrayal of what I actually wrote. I tried to address him directly on this and clear it up but he never responded, so Im just gonna forget about it and move on.

You do bring up a good point about newbs and fence sitters that is gonna give me something to think about tbh. I dont want to steer them in the wrong direction bc there is never a bad time to buy Bitcoin and their newb brains may be fragile.

I have some friends and fam that I would never mention short term bearish ideas to bc they might freak if they heard a die hard bull like me mention anything other than long term moon. I have more advanced hodler friends who I enjoy discussing short term predictions (bullish or bearish) with and bouncing ideas back and forth, and many on WO fall into this mold, but it is easy to forget about newbs observing WO from the shadows.

Tricky sitiuation, I will have to think on it. This problem will solve itself for the most part in a few months when I go relentlessly long and short term bullish for month after month after month, but it will come up again of course.

@majormax, unfortunately you bring up a good point and Ive noticed this phenomena and its current parallels as well.
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August 20, 2019, 10:38:36 AM
Merited by sirazimuth (1)

Right about what? Chemtrails? Crisis actors? The water turning the frogs gay? Everything that comes out of that fat turds mouth is garbage.

All of those things.

There's a difference between something actually being right and you wanting it to be right. The difference is evidence, facts, and proof, none of these things AJ gives a shit about.

Sex is for children

Calvin Ayre is that you?
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