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

[Arriemoller]

Hmmm, got three "Fuck you Fatty" posts deleted.
Is this some kind of program looking for repetitious posts and deleting them?
Anyway, I'm gonna try some variations and see if they too are deleted.

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[Lambie Slayer]

Just published my first Bitcoin focused article: “The Monetary Case for Bitcoin“. This is a long read exploring in details why Bitcoin is the most suitable form of money for our time, and why it has the potential to be a true monetary evolution.

https://medium.com/@ben_kaufman/the-monetary-case-for-bitcoin-778cd51ff272

https://twitter.com/_benkaufman/status/1180527004170510336?s=21

Goose thats a nice article you wrote, thank you. 

[Lambie Slayer]

Hmmm, got three "Fuck you Fatty" posts deleted.
Is this some kind of program looking for repetitious posts and deleting them?
Anyway, I'm gonna try some variations and see if they too are deleted.

I think it was deleted bc you didnt say no homo.

[El duderino_]

Just published my first Bitcoin focused article: “The Monetary Case for Bitcoin“. This is a long read exploring in details why Bitcoin is the most suitable form of money for our time, and why it has the potential to be a true monetary evolution.

https://medium.com/@ben_kaufman/the-monetary-case-for-bitcoin-778cd51ff272

https://twitter.com/_benkaufman/status/1180527004170510336?s=21

Goose thats a nice article you wrote, copy-paste-share...., thank you. 

 

[Lambie Slayer]

"Just published my first Bitcoin focused article: “The Monetary Case for Bitcoin“. This is a long read exploring in details why Bitcoin is the most suitable form of money for our time, and why it has the potential to be a true monetary evolution."

https://medium.com/@someonewhogoosequotedtoavoidconfusion/the-monetary-case-for-bitcoin-778cd51ff272

https://twitter.com/_someonewhogoosequotedtoavoidconfusion/status/1180527004170510336?s=21

Goose thats a nice article you copy-paste-share quoted...., thank you.  

 

 

[Arriemoller]

^^ He is from Indian Subcontinent  

To his defense Indian subcontinent has more than 30 + official languages ( Main languages : Hindi, Urdu, Tamil, Punjabi, Bengali, Dari,Pashto, Sinhala,Gorkhali etc)  and not counting thousands of other dialects.

 I did investigate asian languages for the pronunciation of Vodka as well and half are pronounced Vodka (except where there is no vee sound and then it is replaced by a bee or a you sound).  The other half are using a word that sounds like arak... except for Armenian -oghi- which is just out there on its own - whichever Armenian coined that word must have had a very bad experience with Vodka.  In all honesty, I was just trying to be funny but I got a little carried away with my research.

The Swedish word for vodka is actually "brännvin" litteraly "burnt wine", burnt being an older word for distilled.
Vodka have kind of crept in and taken over the last 30 years.

One of the most popular "vodkas" in sweden is "absolut rent brännvin" meaning "absolutely clean vodka" usually just called "renat" meaning cleaned.
In the 80s a export version was made and exported as "Absolut vodka", in Sweden sold in parallel with the old brand. As time went by the name on the original bottles was changed to "Renat brännvin" With the word vodka under.
So vodka is slowly replacing the old word.

Original bottle http://img.xooimage.com/files40/d/0/d/rent3-1b58483.jpg older version http://1.bp.blogspot.com/-H152OaaJl1Q/URTni1HiMaI/AAAAA

Current bottle https://tommyhansson.files.wordpress.com/2011/08/images-

Export version  https://www.drinko.se/absolut-vodka.html

Different bottles from different periods next to each other. It's been sold under that name for 150 years now.
https://imengine2.lrf.infomaker.io/?uuid=78df83a9-a7e7-4

[Arriemoller]

Hmmm, got three "Fuck you Fatty" posts deleted.
Is this some kind of program looking for repetitious posts and deleting them?
Anyway, I'm gonna try some variations and see if they too are deleted.

I think it was deleted bc you didnt say no homo.

But of course, I will amend that sentence in the future, thank you for the tip.

[d_eddie]

A quick Scalp Opportunity for today



-snip-

Instead if BTC tries to move upwards in such scenario the 50MA would give a curvature upwards then buy above 8250 and target 8360 and 8400.

H4CK3RSP33K? That's not the proper way to spell SOMA.  

[Arriemoller]

Goose, if you are running out of quotation marks on your computer just say so and I will send you some.
Here have these for now " " " " " "
 

[makrospex]

So now that we're back up in 8200's after a dip to the 7800's, how far do you think this rally could last?

Remember there was a similar dip to 8ks and a return to 9ks before dipping down to the current 8.2ks. Can that happen again? What do you guys think?

I still take an intermediate low of $5k-$6k around the end of Q4 into account, based on a giant bearflag, by my own lousy TA.
Otherwise i'm bullish for Q4 and 2020 in general, but if BTC is more than good at one thing, then it's to surprise.
My plan is to hodl on, save fiat, buy corn in Q1/2020 or even wait until the halving and invest in some shitcoin that is carried upwards by bitcoin, to compensate for missing out the $7-$8k range for rebuy (cause lack of fiat).


EDIT: It's all mindgames, but i won't be selling, that's for sure.

Share that TA with us. Let us also make a judgement on whether it is lazy or accurate.
tbh, $5k - $6k is way too low given the rebound tendency this year. I think by the time we close, we could be touching $9k or late $8ks.

I have my own TA for this too, but in my case, it is me who is lazy enough to not post it here  

Here we go. I posted this a few days ago, and i'd consider this lazy-inaccurate-not-even-serious-TA.
It just draws a triangle, not even respecting MA lines (10,50,200). It would take a lot of marketcap loss to bring that MA200 down, otherwise most uf us would be rekt   But still, RSI leaves room for going down a little more, too.
It's Bitcoin, so surprises are included by default.



DISCLAIMER: Don't think my "TA" (painting) could be right, just if you dream about buying BTC at past price levels. I'd strongly suggest to go with the analysis of a(ny) Legendary instead.

[El duderino_]

Goose, if you are running out of quotation marks on your computer just say so and I will send you some.
Here have these for now " " " " " "
 

Thanks I was running out, good you give me some "thanks man"

[P_Shep]

Maybe try "Fatty Fuck you"

Need a comma: "Fatty, fuck you."

[Gyrsur]

for the record: closed my long position. we will see if 200 hourly SMA will hold.  

the short position is 392.9 points in red (loss).

EDIT: @Eddie: do you sleep sometimes too? maybe just 4 hours or so?  

EDIT2: looks not so good for me! price is above support and 200 hSMA again. sl is at $8300. bullish sentiment in general. 

[El duderino_]

at the start of bitcoin's last bullrun (2015) we established support at the 200W MA, rallied & then found support at the 100W MA before continuing on

here we are 4 years later, bitcoin has established support at the 200W MA, rallied & is attempting to find support at the 100W MA



https://twitter.com/cryptunez/status/1181271125034229765?s=20

[illyiller]

Looks like that little pump earlier today didn't have legs. Just another lower high. How long before we drill below the $7,700s? My bet is it's coming in the next few days.

[El duderino_]

Looks like that little pump earlier today didn't have legs. Just another lower high. How long before we drill below the $7,700s? My bet is it's coming in the next few days.

Then it better grow a pair..... Of course no-one knows where we heading at for sure but as always I prefer up, as there have been to many cheap market entrees for to many that don't deserve cheap corn.

It would be so much nicer if those arrogant people would be forced in buying at higher prices.

[Lambie Slayer]

Looks like that little pump earlier today didn't have legs. Just another lower high. How long before we drill below the $7,700s? My bet is it's coming in the next few days.

Probably so. No sign of hoards of bargain boyz looking for cheap coins on that last pump. Just diminishing volume. When the bargain boyz come, you will know. No homo.

[fillippone]

I literally cannot wait for it.
It’s uncharted territory.

#bitcoin: first SF100 / $20T asset?

Platinum, Palladium, Silver have higher value than btc at same SF, they have industrial use / utility value. Gold will probably be valued higher than btc after next halving, it also has utility value (jewelry). At SF100 ... pure monetary value

https://twitter.com/100trillionusd/status/1180834422960087041?s=21

This thing is too important.
Does any threads on SF already exists here on BitcoinTalk forum?
Shall I write one?

I did it!
Stock To Flow Model: Modeling Bitcoin's Value with Scarcity

[d_eddie]

for the record: closed my long position. we will see if 200 hourly SMA will hold.  

the short position is 392.9 points in red (loss).

EDIT: @Eddie: do you sleep sometimes too? maybe just 4 hours or so?  

I do, but I have a nice team  

EDIT2: looks not so good for me! price is above support and 200 hSMA again. sl is at $8300. bullish sentiment in general.  

In you too much emotion I feel. You're not set up for both directions, are you? Better keep them longs running a bit further IMHO.

[_javi_]

Looks like that little pump earlier today didn't have legs. Just another lower high. How long before we drill below the $7,700s? My bet is it's coming in the next few days.

My bet is they will dump when the SEC denies Bitwise's ETF on Oct. 13 deadline.
Perhaps its already priced in, but maybe they want to shake the tree again so some weak fruits fall. (manipulators gotta manipulate)

And btw...I like to see all those TAs. After all, we are here to observe walls

As usual, remember the honey badger doesnt care about your charts.

go BTC go!