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

[Lauda]

Man, GRIN just keeps sliding. I always pegged the coin to be valued around $0.50-$1.00, and seems like it's heading in that direction.

It's a worthless shitcoin, a fun experiment at it. Would have worked as a sidechain, were the devs not greedy. 
The fight continues.

[jojo69]

doubleplusungood

[JayJuanGee]

I would love to open a weed shop in Germany when it becomes legal. Maybe even integrate blockchain payment.

What is blockchain payment?  Something new?

[VB1001]

 

[jojo69]

All you Brits can turn in your wanking loicenses I guess...so there's that...

https://www.bbc.com/news/technology-50073102

[NeuroticFish]

So what's going on now? Anything interesting?

Just a new 150$ drop, but that's not really exciting actually.
I don't know if we are heading for the infamous 7700 mark or it's a preparation for a nice jump towards 9000.

[JayJuanGee]

Interesting...Lump sum beats DCA about 68% of the time.

https://shitcoin.ninja/post/2019/10/comparing-bitcoin-investment-strategies/

We created a simple trial comparing lump sum to the strategy of investing in the same amount monthly over a year, and found that lump sum still won ~67.9% of the time. Even the arbitrarily reduced dataset showed that Lump Sum beats DCA 60.8% of time.

DCA is still way the fuck more practical for the vast majority of peeps.

Most of us already know that a large number of peeps cannot even come up with a few hundred dollars for an emergency.

Therefore it is way the fuck better for them to invest regularly, as if they were buying a coffee or an extra bag of groceries or whatever and then just forget about it for 5 years or more.

[JayJuanGee]

https://twitter.com/i/status/1184876799240503296
^
real footage of a WO.... who would that be ?

New Team Goose intern trying to meet his quota and making sure to never use quotation marks per orders direct from Goose Central Headquarters to cause maximum confusion?

Sorry Goose, only kidding, couldnt help myself with the truth

FTFY    

https://twitter.com/i/status/1184876799240503296
^
real footage of a WO.... who would that be ?

New Team Goose intern trying to meet his quota and making sure to never use quotation marks per orders direct from Goose Central Headquarters to cause maximum confusion?

Sorry Goose, only kidding, couldnt help myself

Could be, but I was thinking it the other way around, thought I found jjg

Gosh.  My image is NOT good in the eyes of micteam.   

[JSRAW]

^^ EL o EL 

[Lambie Slayer]

https://twitter.com/i/status/1184876799240503296
^
real footage of a WO.... who would that be ?

New Team Goose intern trying to meet his quota and making sure to never use quotation marks per orders direct from Goose Central Headquarters to cause maximum confusion?

Sorry Goose, only kidding, couldnt help myself with the truth

FTFY    

https://twitter.com/i/status/1184876799240503296
^
real footage of a WO.... who would that be ?

New Team Goose intern trying to meet his quota and making sure to never use quotation marks per orders direct from Goose Central Headquarters to cause maximum confusion?

Sorry Goose, only kidding, couldnt help myself

Could be, but I was thinking it the other way around, thought I found jjg

Gosh.  My image is NOT good in the eyes of micteam.  

Im sure its not the whole team, just someone high up sees you as a threat.  

via Imgflip Meme Generator

[Lambie Slayer]

We didnt do a good job staying over 8k.  7700 really needs to hold or its gonna be Beartoberfest

[whiteboy420]

@whiteboy.....

Please keep shorting sir....

Finally a good take.


https://ibb.co/4F0rwXP

[Lambie Slayer]

FFS did these people not hear about Bitconnect and the fake trading bot with guaranteed profits. Pretty much the same scam. At least CFTC stopped it before it got huge.

https://btcmanager.com/cftc-crypto-binary-options-scheme/?q=/cftc-crypto-binary-options-scheme/&

This is an actual picture of the scammer in charge of the ponzi. I dont know if he was some kind of stage magician or this was just him spending his customers scammed funds. You would think Bitcoiners of all people would be too smart for this kind of scam.

via Imgflip Meme Generator

[El duderino_]

Ugh. Prepare anuses for possible pain.

Damn I hate those as a first read in the morning .... making it unpleasant to look to the price

[HairyMaclairy]

I would like to see the support line hold

[Last of the V8s]

Well I would like to stand on the back deck of a blinker bound for the Plutition Camps with sweat in my eyes watching stars fight on the shoulder of Orion, but I doubt that is going to happen either.

[whiteboy420]

Instead of getting margin called.

Have small amount of stops before the margin call. Your margin call price will get lower and have a stop before that call. (cross leverage)

Your position will be underwater and need a price above your oginal entry but better than losing it all.

Hopium is only above $9000

Adding to your longs isn't a good idea in this scenario.

Try to stay alive


Everything under $9k is a potential bull trap.

Above $9k and you have to analyze the market & adjust your stops.

Reduce or add but with multiple stops

[whiteboy420]

There is still a possibility for a retest of at least 9k

https://ibb.co/d58Ryvc

[JayJuanGee]

There is still a possibility for a retest of at least 9k

ttps://ibb.co/d58Ryvc

Thanks for the information.  All kinds of BTC price movements are possible.  You are really a smartie pants.   

[LFC_Bitcoin]

Took THC Cannabis Oil yesterday & spent most of the day like a cabbage, fuck that is some weird shit man.

Never again!

Still feel weird now. Observing sub 8k