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

[Negotiation]

Don't be alarmed WOWatchers.

This is a falling wedge. A Bullish pattern.

A falling wedge has a descending base, not a horizontal one.

That's  descending triangles....a beariish pattern.

Going up next 5 hour  end Bullshit .

[HairyMaclairy]

heck much of that describes most of us in this part of the state anyway. i guess living more or less in the sticks does have some advantages.

Indeed

My idea of a lambo is being able to drop a couple big firs across my road and just tell the rest of the world to get fucked.

Nice

[HairyMaclairy]

According to the document, Wright’s lawyers and Kleiman’s estate have reached a non-binding agreement to settle the matter and are continuing to negotiate and finalize all relevant terms.

https://coinworld360.com/craig-wright-asks-for-30-day-extension-to-delay-500k-bitcoin-payout/

Plot twist, they settle for undisclosed amount, Ira praises CSW as real Satoshi and not a single Satoshi's satoshi is moved. Whole circus was orchestrated by court loving CSW/Calvin from the start, who's willing to do anything to add legitimacy to his fairy tale as long as it doesn't involve Satoshi's keys.

Lol Craig stalling for time.  Classic Craig.

[becoin]

A falling wedge has a descending base, not a horizontal one.

That's  descending triangles....a beariish pattern.

Falling wedge is indeed a bearish pattern. but that doesn't matter as this is exactly what graph "painters" want you to see! TA is not a prediction tool, TA is a manipulation tool. Graph "painters" use TA pseudo science to shape small fish behavior.

[HairyMaclairy]

It’s a bull pennant. And everything is going according to plan

Daily



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Monthly

[legendster]

What the fuck does Vsys have to do with bitcoin wall observenings?  In other words, why the fuck should we care about that shitcoin in terms of our shared interest (herein this thread) in bitcoin?

The same reason why any other altcoin matters tbh. I am involved with them and wanted a perspective from harcore btc supporters. Asking for an opinion does not equate to asking to care about that said thing..

Fair enough. We have a lot of trolls and shills in these parts and even passive aggressive shitcoin lovers (who assert that they are bitcoin sympathetic while they get distracted by shitcoins).  Haven't seen  you post enough, but does not hurt to attempt to nip any possible shitcoin pumpenings in the bud.

Furthermore, there are a decent number of other threads in this forum, no?

I remember when jstolfi was trolling this thread, and posting his bear bullshit.  When he was interrogated about why he was posting in this thread, he would say that he thought that it was the place where he would get the most views... but that did not cause his phony baloney propaganda to become thread appropriate.

I am afraid that does not apply here. Or to me.

I am just new to this thread. I had ideas of creating my own Btc movement analysis thread which never generated enough rap.

Anywho, I m here to discuss, learn and pick brains about how Btc affects the price movement of the top 100 altcoins. When it does, when it doesn't so on and so forth.

Out of everyone, that is active on this thread Heuristics and I have had some positive interaction in the past and I thought beginning a conversation with him would be the most appropriate.

And I am nowhere near influential enough or smart enough to be hatching any propaganda stuff against or for Bitcoin (or vsys or any other coins) lol so you can relax.

And yes, there are decent number of threads on BTT, but are you suggesting that someone who has not actively posted in this thread before is not welcome here..?

If not, then you can dial down your intruder alert. I am not here pushing / promoting anything ( I don't even have a sig on atm) - just here to learn and discuss the movements and its broad effects on the market.

And maybe engage in the chatter a bit every now and then.

[Last of the V8s]

fuck right off with this altcoin talk. if you dont stfu i will research your altcoin, find it it to be a scam - there is no doubt - and you by association dubious at the very least
there is no altcoin talk here except to say altcoiners want your bitcoin. start a thread about your shit grow the fuck up and fuck the fuck off

[slocker]

fuck right off with this altcoin talk. if you dont stfu i will research your altcoin, find it it to be a scam - there is no doubt - and you by association dubious at the very least
there is no altcoin talk here except to say altcoiners want your bitcoin. start a thread about your shit grow the fuck up and fuck the fuck off

Well you said it.
After all this topic name is "Wall Observer BTC/USD - Bitcoin price movement tracking & discussion", CAPITAL ON BTC not ALTCOIN.

People do forget that most of the current alt are scams and frauds so dont see point of mentioning it at all.

[legendster]

Don't be alarmed WOWatchers.


This is a falling wedge. A Bullish pattern.

A falling wedge has a descending base, not a horizontal one.

That's  descending triangles....a beariish pattern.

But the lines are not drawn precisely...
However, we'll see how the saga is to be continued 
Just about to reload any day, so the price can only FALL after that 

A falling wedge is a bullish pattern (reversal) or a continuing trend (unlikely in this case)

My lines are drawn hastily through a mobile screen on tradingview and it is not meant to be taken too seriously as I am not qualified to predict financial markets. I speak from experience - which is again, not that expansive.

A rising wedge is a bearish pattern.

The case right now is of a falling wedge, not a rising one.

However, if you closely look at the charts it does not completely satisfy a falling wedge requirement either. Smaller breakouts have happened on either side of the resistance lines and that could be indicative of an unstable market, fud, fomo (of opportunity cash out) etc you name it.

And whoever was saying that chart painters manipulate people or whatever, hah! I am not a chart painter. I find it fascinating and try to learn about it. Like I said. I am not qualified to be a TA so I won't pretend to be one.

[mindrust]

They can continue with this boring phase till November. We would have broken it if we kept 10300 but no they had to make us suffer.

I don't care which way it breaks out. I just want it to end.

200DMA is at $8100, even if breaks downwards, it is not really going below this. Not when the halvening is 239days away.

[toknormal]

People do forget that most of the current alt are scams and frauds so dont see point of mentioning it at all.

Actually all the scams have now been weeded out - at least from the top 30 or so rankings, bar 2 or 3 floaters. Also BTC is at one of its dominance peaks so we're staring down the face of the next altcoin "munch" into BTC's dominance.

The more time goes on, the less distinction there is between the "first" and the 2nd, 3rd, 4th etc. Also BTC has planted is flag where utility "isn't" which means it's zip-all use for actual everyday use. Fine if you want to park it till retirement but forget anything else. (Including LN off-chain "coin loss" service).

Not many people made money by sitting on their BTC and keeping it warm to the exclusion of anything else and they're gonna make even less from now on. I expect dominance to stabilise around 20%-30% eventually (if not less) as utility starts to dominate long term store of value in the crypto ecosystem.

[LFC_Bitcoin]

Not many people made money by sitting on their BTC and keeping it warm to the exclusion of anything else and they're gonna make even less from now on.

**Must try harder**

I’m sitting on over 10 x unrealised profits on my total investment & I’m an absolute minnow in comparison to many investors.

HODLING = Guaranteed money making.

[mindrust]

It is going to look symmetrical. Going back to what anon predicted, he said 29k in Feb which is again fits that symmetrical chart.

Remember the period we spent between April/03/2018 and November/14/2018, we are walking the exact same path but backwards.

[legendster]

@Toknormal said it..

Actually all the scams have now been weeded out - at least from the top 30 or so rankings, bar 2 or 3 floaters.

And Vsys was the in top 30 until about 2 weeks ago. Which is why I was here asking for insight what the hardcore bitcoiners had to say about it.

And, lest anyone misunderstands me;

Anywho, I m here to discuss, learn and pick brains about how Btc affects the price movement of the top 100 altcoins. When it does, when it doesn't so on and so forth.

And not shitcoins or scamcoins.

There was a time when I considered everything other than btc a shitcoin. Eth changed that mentality somewhat. Which in turn spurred my interest in studying how Btc affects the broader altcoin markets.

But hey, if the grown ups want me to :

fuck right off ...
... grow the fuck up
... fuck the fuck off

Then I need to quote myself again

.. I m here to discuss, learn and pick brains about how Btc affects ...

No matter how much we pretend. BTC holders are investing into other shitcoins whether we like it or not. And I just want to learn how much sway that has with all hardcore bitcoiners.

But for the record, I'll keep all altcoin talk at bay as long as I am here on this thread.

PS: Humble request. If anyone of you who know me (or don't), spot me being involved with some shady shit or anything that isn't right, do let me know. I take the utmost care when it comes to choosing projects to be involved with and if you know something that I don't. Please do share.

[toknormal]

10 x unrealised profits since 2014.

You're only making my point for me. "Getting in in 2014" isn't currently an investing option.

[soxxx]

The same people proclaiming it is a descending triangle are the same ones who were telling people not to buy at $3000 because we are going down to $1200. It's clearly a pennant, and tonight is just more proof that it is, the wic didn't even touch the bottom of the pennant, let alone the "descending triangle" that we are apparently in.

We will never go below $9000 ever again, ever. No golden retrace coming, when bitcoin did a golden retrace in past bull market, it didn't take 80+ days to do it, it happened with a week or so.

[legendster]

**Must try harder**

I’m sitting on over 10 x unrealised profits on my total investment & I’m an absolute minnow in comparison to many investors.

HODLING = Guaranteed money making.

Is minnow the new whale now?

hehe

It is going to look symmetrical. Going back to what anon predicted, he said 29k in Feb which is again fits that symmetrical chart.

Remember the period we spent between April/03/2018 and November/14/2018, we are walking the exact same path but backwards.

Interesting.

What do you think changed since then? I mean speaking in terms of macroeconomics worldwide..

10 x unrealised profits since 2014.

You're only making my point for me. "Getting in in 2014" isn't currently an investing option.

If you invested into 1 BTC a few hours ago. You would have made $177 in profits.

lol I only say this to point out that it is never too late to get into BTC. I remember when it went from $1k to $69 after the Gox drama / chinese ban.

Those people that bought at $1k had a similar thought process like you.

Goes without saying that only people like LFC with balls of steel have survived and HODLed long enough to actually make any profits today.

[wachtwoord]

Not many people made money by sitting on their BTC and keeping it warm to the exclusion of anything else and they're gonna make even less from now on.

**Must try harder**

I’m sitting on over 10 x unrealised profits on my total investment & I’m an absolute minnow in comparison to many investors.

HODLING = Guaranteed money making.

Don't take him too serious. He just called the top 30 altcoins NOT scams (most are) and thinks Bitcoin dominance will go down to 20% longterm (80% most likely in classical Parreto style). Just laugh at his post and be done with it: he's lying, stupid or both.

[toknormal]

But for the record, I'll keep all altcoin talk at bay as long as I am here on this thread.

Well you shouldn't. "Altcoin talk" is bitcoin talk and vica versa. The idea that bitcoin is "separated off" from altcoins is deluded. It's like discussing clouds as distinct from "weather".

[mindrust]

I don't remember the reason but toknormal is in my ignore list. I do remember however I put him there long ago. If I kept somebody there for a long time, it means he deserved to be there.

Even R0ach leaves the prison everyonce in a while and I take a peek at his posts. (Once a year)