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

[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)

[legendster]

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".

No point in arguing semantics but this is indeed a thread for Bitcoin and all the hardcore bitcoiners hang out here - people that I want to learn from.

Might as well put my best foot forward.

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.

I wonder how you beat your curiosity from hitting the show/hide button. I sometimes end up hitting that just to see what shit someone who's on my ignore list has written.

[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.

I wonder how you beat your curiosity from hitting the show/hide button. I sometimes end up hitting that just to see what shit someone who's on my ignore list has written.

Since they what they write is almost always bullshit and almost always I am not impressed with whatever they said, it is easy really.

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..

It is worse. It is always going to go worse. Thanos was right. This population is not sustainable.

[Last of the V8s]

grown ups 

[El duderino_]

grown ups 

Damn V8, I am just that image right now

-been to the From last night to eat something....
-just woke up with a tiny hangover....
-want to the toilet and checked the minor dump...
-just that another day in BTC...

Nice pic though, if the line was green and opposite direction.... Then my IRL image would be the same this morning

[El duderino_]

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.

Good good LFC is playing rule 76

[El duderino_]

There is no way for BTC to get to value in the millions without dollar losing value. As simple as that.

You still think BTC at 1million dollar.

We not think we know .....

[LFC_Bitcoin]

10 x unrealised profits since 2014.

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

I guess that’s a fair point to an extent. I see what you’re saying but even if you buy 0.1BTC now, hell whatever you can afford, I am pretty certain you can make those kind of profits (% wise) again.

Buying bitcoin at this point is still so much better than keeping your money in fiat savings.

[mindrust]

That is exactly what happened.  He did offer it to me. I thought, and still think the price was too high, so he sold it to someone else who lied to him about his views on myself and Bitcoin Cash.

LoL whoever bought the @bitcoin from its previous owner acted like a bcash shill for a while and outbid Roger's offer. (If Roger isn't lying now)

Daym. That's class.

[P_Shep]

That is exactly what happened.  He did offer it to me. I thought, and still think the price was too high, so he sold it to someone else who lied to him about his views on myself and Bitcoin Cash.

LoL whoever bought the @bitcoin from its previous owner acted like a bcash shill for a while and outbid Roger's offer. (If Roger isn't lying now)

Daym. That's class.

Urgh, that thread is no fun. Ver is being all reasonable and level-headed.

Where are the RANTS!?

Also, must have been painful to fake bcash shilling for long enough to convince the owner to sell.
Feel for the guy *shudders*

[d_eddie]

Of course, 'pipe bomb' is a pretty specific term of art. I'd be curious to know what the legal definition of such was -- if indeed any evidence referring to such was ever entered into trial. But it apparently was not.

Until someone points me at anything within the trial transcript itself indicating evidence of dealing in pipe bombs, I'm inclined to accept Roger at his word.

As a sidebar, I find it kind of funny how this here crypto community is absorbed by long-past actions of various parties that have absolutely nothing to do with any crypto topic whatsoever.

You missed the bit where the judge says selling bombs to juveniles is a very serious offence.  

I think that these offenses are very serious. They could have been a lot more serious. The bombs could have gone off or people could have used them in destructive ways. Selling bombs to juveniles is never okay.

While it is true that the judge does not use the word ‘pipe bomb’ in these sentences and only uses the word ‘bomb’, the intent is clear.

This is a typical example of you providing a partial truth in a deliberately misleading manner.

It only took a little wait for Hairy to nail you on that one.

I've seen you play the omission game in several technical discussions already... but defending Ver? Come on.

[bluebits]

Still a bit soon for the triangle breakdown, but it won't be long now. There is NO-NEW-MONEY coming into the system, the current (14k top) supercycle will be the first one to create a lower high. One possibility is a super descending triangle (sloping from 20k, touching 14k, maybe 9k for the next lower high) with 3k as horizontal support. BTC does not pay a dividend, it has no actual human use utility > if you don't sell you may as well throw the private keys away, there is no difference.

Flip the chart to linear to realize the actual scale of new money that has to come in for a new ATH to be hit. Usage is lower. Search interest is 5% of the 20k peak. Institutions have regulated, secure methods to invest and of course don't care. The only possibility is a new army of retail suckers, tell me where they will come from (without the media hype of new ATH's to pull them in) and I would love to go long.

[_javi_]

Still a bit soon for the triangle breakdown, but it won't be long now. There is NO-NEW-MONEY coming into the system, the current (14k top) supercycle will be the first one to create a lower high. One possibility is a super descending triangle (sloping from 20k, touching 14k, maybe 9k for the next lower high) with 3k as horizontal support. BTC does not pay a dividend, it has no actual human use utility > if you don't sell you may as well throw the private keys away, there is no difference.

Flip the chart to linear to realize the actual scale of new money that has to come in for a new ATH to be hit. Usage is lower. Search interest is 5% of the 20k peak. Institutions have regulated, secure methods to invest and of course don't care. The only possibility is a new army of retail suckers, tell me where they will come from (without the media hype of new ATH's to pull them in) and I would love to go long.

You must be new here..

where have you been in 2016-2017 ?  supercycles ?? lower highs ??

this is BTC.. learn fundamentals and zoom out..

have a nice day!

go BTC go!

[heslo]

That is exactly what happened.  He did offer it to me. I thought, and still think the price was too high, so he sold it to someone else who lied to him about his views on myself and Bitcoin Cash.

LoL whoever bought the @bitcoin from its previous owner acted like a bcash shill for a while and outbid Roger's offer. (If Roger isn't lying now)

Daym. That's class.

Urgh, that thread is no fun. Ver is being all reasonable and level-headed.

Where are the RANTS!?

Also, must have been painful to fake bcash shilling for long enough to convince the owner to sell.
Feel for the guy *shudders*

It actually surprised me how normal and not crazy Rogers replies have been in that thread. Nice to see for a change; shame he lost his marbles long ago. I think at the core of it he's still an alright guy

[GreatArkansas]

Gandang hapon from Cebu, Queen of the South
https://i.imgur.com/kYaKG4c.jpg

Wow. One of my dream city. New home or vacation only?

[Negotiation]

Getting real close to the apex...breakout highly likely by end of September or in early October. $BTC #bitcoin 🚀🚀🚀


source: https://twitter.com/JamesTodaroMD/status/1174536562559913984