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Question: How low will we go before we see $10K again?
<$8,000 - 22 (38.6%)
$8,000-8,200 - 7 (12.3%)
$8,200-$8,400 - 2 (3.5%)
$8,400-$8,600 - 14 (24.6%)
$8,600-$8,800 - 6 (10.5%)
$8,800-$9,000 - 6 (10.5%)
Total Voters: 57

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21537834 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. (142 posts by 32 users deleted.)
BitcoinGirl.Club
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December 05, 2019, 01:53:39 PM

Good morning WO!
Observing @ $7,433
Nothing has changed since the last 24 hours however Liverpool got another 3 points 😂

Person I sit next to, at work, was at the Brighton game in hospitality he was sat next to Ian Rush. Thought some of you guys would be jealous.



Cool, I’ve done hospo a good few times. Had Alan Kennedy in our corporate box once (not my box - friends of a friend thing). I’ve played footy with Lallana’s son in the corridors there before Cheesy

Got a pic of me with Lallana, gonna try to find it now.
I really have no such story to share 😁
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Lambie Slayer
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December 05, 2019, 01:58:11 PM
Merited by Globb0 (2)



out of merits rn, but +3  Cheesy
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December 05, 2019, 02:02:09 PM
Merited by BobLawblaw (1)

WO is quiet ....
Price sideways

Rick came home from a terrible day at the office yesterday, and we went out for drinks, nachos and queso (with seasoned ground beef. MMMMM.) They are doing a reorg at EvilCorp and he's very upset with the new manager that has been assigned to him. I believe it was the first time I've ever seen him come home as upset as he was, and frustrated due to work. He was planning on retiring n months from now, but doesn't think he can last that long due to EvilCorps latest management reshuffle, and needs to wait for at least one more vesting cycle to comfortably meet his tax obligations for FY2019.

He mused "I wish Bitcoin was at $20k so I could just retire off my own stash" while mostly venting, and me listening.

I really don't want to sound like a little first-world-problems princess-bitch like this, but I really do miss the days of me lamenting the boredom of being stuck in a $10k range for a bit.

Were we back at $10k right now, I would liquidate enough Bitcoin to rescue Rick from wage-slavery, understanding it's going against my own long-term best interests. I really wish I could break OpSec and share storytime, but... yeah... the idiots have practically gained control of Silicon Valley upper management now at EvilCorp. It's getting bad out there, folks.

Very sad to me how shit rises to the top, while hard working and passionate senior engineers get utterly abused and humiliated, by being forced to serve under managers that couldn't code "Hello World" in BASIC.

EvilCorp may or may not be a "Big Five" tech company, FWIW. I'll leave it up to you guys to image.

If a loved one hates their job rescuing them from wage slavery is a noble cause I believe a lot of bitcoiners will be taking up in the future. 
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December 05, 2019, 02:18:54 PM
Merited by BobLawblaw (1)



Bob, make the numbers well done, if this decision helps you to be happier, go ahead, but keep in mind that every day the human being lives more years, I mean, if you can take the step and you can save a part of accumulated, best.
But you must set the limit and the level of life you want to have.
The decision is not easy, but life must be enjoyed.
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December 05, 2019, 02:22:10 PM
Merited by BobLawblaw (1)

It is a soul sucking abyss out there

you love him man, that's all that matters
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December 05, 2019, 02:37:32 PM
Last edit: December 05, 2019, 04:03:13 PM by fillippone
Merited by LFC_Bitcoin (1), Icygreen (1), LUCKMCFLY (1), bkbirge (1)

Hey WO gang

I found something for the HODLsleep:

https://www.bitlisten.com/



Quote
Realtime Bitcoin transaction visualiser.

See and hear new transactions, trades and blocks as they arrive.
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December 05, 2019, 02:41:43 PM

Time for a bounce. I rarely look at the 3 Day chart, but once the TD Sequential gives a 9 Buy signal, I like to pay attention  Cool
Just waiting for a green 2 to move above a green 1, which the current candle has been flirting with and closes by days end.



Notably finding support from the 200 MA too  Smiley
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December 05, 2019, 03:10:26 PM
Merited by BobLawblaw (2)

200 mg MDMA?
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December 05, 2019, 03:12:41 PM

Two duct-taped banana work selling for $120,000 at Art Basel Miami, while the last one going for $150.000.

Didn't they thought about the decomposing process.. Undecided



https://edition.cnn.com/style/article/art-basel-miami-maurizio-cattelan-banana-scli-intl/index.html?utm_content=2019-12-05T06%3A35%3A05&utm_source=twCNN&utm_term=link&utm_medium=social
fillippone
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December 05, 2019, 03:17:09 PM
Merited by Paashaas (1), OROBTC (1)

Two duct-taped banana work selling for $120,000 at Art Basel Miami, while the last one going for $150.000.

Didn't they thought about the decomposing process.. Undecided



https://edition.cnn.com/style/article/art-basel-miami-maurizio-cattelan-banana-scli-intl/index.html?utm_content=2019-12-05T06%3A35%3A05&utm_source=twCNN&utm_term=link&utm_medium=social

This is effect ot the QE.
Easy money tide lift every boat.

Bitcoin hopelly will fix that.

Read Saifedean Ammous chapter on how hard money in the italian renaissance called for hard worked art (think about Michelangelo's frescoes on the Cappella Sistina).
Easy money calls for this .... i don't know how to define it.
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December 05, 2019, 03:23:38 PM
Merited by BayAreaCoins (1)

200 mg MDMA?

Now this is some TA I can get behind!
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December 05, 2019, 03:56:10 PM
Merited by fillippone (1)




Interesting project. I would love to see the tx ID on mouse hover of every bubble. That can make it more informative.
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December 05, 2019, 03:56:19 PM

Quote
Bitcoin BEAM indicator

#bitcoin #btc

Live here: https://digitalik.net/btc/beam_indicator

@BitcoinEcon



https://twitter.com/digitalikNet/status/1202383513552609280?s=20

Very intresting indicator:
 
Quote
BEAM stands for "Bitcoin Economics Adaptive Multiple" and is the result of experimenting with various indicator types and formulas for almost 2 years. Various other designs were dropped or improved until reaching a satisfying result.

BEAM may look like a typical indicator, but can also be used as a basis for an anti-cyclical investment plan for Bitcoin as well as other crypto assets whose cycle is tied to that of Bitcoin. Roughly speaking, BEAM divides the price of bitcoin at any given moment to a moving average of past prices. This makes price trends more clearly visible.


This indicator is also available in tradingview to play with:
Quote
BEAM on TradingView
I developed BEAM in Pine Script on Tradingview.com. Recently I published “BEAM” and “BEAM Bands” there. So at Tradingview.com you can apply them to charts by clicking the Indicators button and searching for them. To apply them to Bitcoin I recommend that you enter “BNC:BLX” for displaying the “BreaveNewCoin Liquid Index for Bitcoin” chart and set the time frame to 1 day. The BLX chart shows all historical Bitcoin prices since mid 2010.



Heading into the halving within a bearish trend.. Never seen before. This is fine.

Never a boring day/month/year in Bitcoinlandia.
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December 05, 2019, 04:08:35 PM


Meme rejected.

The amount didn't change, the value did!

I thought that the BTC price started at about $7,200 and then pumped to nearly $7,800 and then came back down to $7,200.

Of course, today we have BTC price floating around the $7,350 arena, but not really statistically significant in the whole scheme of things, no?

Anyhow, what I am trying to say is that those kinds of BTC price fluctuations (whether fake outs or not) did not trigger any of my BTC sell orders or my BTC buy orders, so my amount of BTC stayed the same, so the value of my BTC stayed the same, too when the price moved up and down.

In other words, the above meme seems to be saying what happened, no?
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December 05, 2019, 04:32:18 PM
Merited by OROBTC (2), JayJuanGee (1)

Interesting..

Quote
The impact of having 1% of a portfolio in Bitcoin

Therefore, it is of no surprise that investors have shown considerable interest in owning Cryptocurrencies such as Bitcoin

Continue reading at http://bbfta.org


Source: https://twitter.com/BritBlockchain/status/1202596214736392192
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December 05, 2019, 04:45:44 PM
Merited by bitcoinPsycho (1)

Makin' a list

checkin' it twice

gonna find out whose ESR isn't nice

Capacitor Claus is coming, to townnnn
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December 05, 2019, 04:51:15 PM

Bob:

1) When thinking about the time spent stuck at 10k, just remember that a few years ago we were bitching endlessly about how it was stuck at $600. That was so damn annoying, we wished it would DO SOMETHING....

Your $600 point does seem valid, here, yet there frequently can be questions and disagreements regarding where we are at, which is to try to speculate if we are going up or down from here and is the BTC price floating point pain bad enough.

I would say that in the vast majority of 2015 we were bouncing between $200 and $300... so yeah there was a lot of complaining, giving up and even expectation that the price was going to come back to those price points when it bounced out of that range at the end of 2015.

But then from November 2015 to May 2016, we were largely stuck in the $350 to $450 range, and surely a lot of complaining at that time, too. 

When we bounced above $450 in late May there was a lot of complaining between about August and October because BTC prices had regressed to $500s and $600s and there were questions whether the Bitfinex matter was going to take down the whole of bitcoin.

So even when we seemed to have recovered and reached new ATHs in the beginning of the year (2017), there were large FUD spreading attempts in March/April 2017 saying that sub $500 had to be revisited because BIG money was calling for it.. blah blah blah...


So, for me, it seems that we are currently stuck in the equivalence of the $350 to $450 range, yet of course, we have hardly any fucking clue regarding how long it is going to take to break back above our most significant local top of $13,880, and then from there are we going to get stuck a few more times before making a new ATH.

Some people think that breaking above $13,880 will cause making new ATHs as a kind of "given" and even though it does not seem to be too far, in terms of percentages to get from $13,880 to $19,666, there still could be some decent opportunities for profit taking in there. .. and attempts to drag this matter out and to shake as many weak hands as possible before real out of control FOMO can sink in. 

Seems to me that bearwhales have goals in life, too, and that is to keep BTC prices down for as long as they can and for as low as they can.  They cannot help their lil selfies, and their own behavior contributes towards causing the fucking outrageous explosive out of control FOMO behaviors that ensue.. 

Long term HODLers understand a lot of this, and the restriction of the new BTC supply does not help to make the bearwhale behavior less explosive, but instead to add more fuel to the likely ensuing explosion that seems almost inevitable, but maybe becomes worse and worse (better and better for HODLers) the longer that bearwhales are successful in keeping BTC prices down... Maybe they become victims of their own success, but it is more like something that they can only hold in the cage for so long... and any of us that really recognize and appreciate the pattern (even if we know that it is NOT guaranteed) are going to have a decent amount of our value prepared in such direction - meaning having had attempted to muster enough resources to accumulate a sufficient quantity of BTC without gambling too much.

Yeah, of course, there are still a lot of dumbasses who actually believe the bearwhale propaganda, yet some of them are going to convert and/or "become aware of bitcoin" during such out of control explosion period, and sure some of them will become casualties of that mess, but if they get in early enough, they still have decent chances of benefitting greatly, even if they are buying at $25k.. but of course, the price might subsequently come back down to $25k or even lower.... but anyhow whether it takes years to play out or months is still quite difficult to know, even though many of us have tentative feelings regarding how long this could take, and of course, I try to prepare myself for scenarios that are way the fuck less bullish than what even I have in my head to be quite likely.. .which is my lame-ass 6% per year price appreciation scenario... hahahahahahaha,,,,  and most of the damned time, I am quite satisfied to way the fuck outperform my own lame-ass conservative expectations.    Wink
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December 05, 2019, 05:08:16 PM

The French are revolting.
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December 05, 2019, 05:10:36 PM

^^
Every time they talk about these prices I get sick, it is torture, because no one told me about bitcoin at that time ... Cry
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December 05, 2019, 05:27:28 PM
Merited by LFC_Bitcoin (2), xhomerx10 (1)

Good morning WO!
Observing @ $7,433
Nothing has changed since the last 24 hours however Liverpool got another 3 points

Person I sit next to, at work, was at the Brighton game in hospitality he was sat next to Ian Rush. Thought some of you guys would be jealous.



Cool, I’ve done hospo a good few times. Had Alan Kennedy in our corporate box once (not my box - friends of a friend thing). I’ve played footy with Lallana’s son in the corridors there before Cheesy





Whats to hide ...... not bad looking at all, a bit smart actually Smiley #nohomo
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