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

[El duderino_]

Meh, the WO is to bearish for this evening, time to close my eyes and enter a good HODLsleep 😴

[El duderino_]

When people are talking 3K and 2K-ish then we have a chance of turn around 

You can feel the bottom is near, all I see is panic, and one final move down to perhaps $6000 or $5300 would be the final capitulation.

Might happen might not happen, no need for a final whatever .... only time will tell..... “time” the only thing which us humans can’t buy or can’t have enough, will tell us what we wanna know, patience is our friend as it is our enemy, I have time but then again non of us has time enough, but why waste time with being focused on what the price is doing?? Meeeh to many questions that takes to many previous time I guess, gonna take out my GF and dogs for a walk then enter my HODLsleep and have some fine moments of the last minutes of this awesome day

Goodnight WO’s

[UnDerDoG81]

When people are talking 3K and 2K-ish then we have a chance of turn around 

You can feel the bottom is near, all I see is panic, and one final move down to perhaps $6000 or $5300 would be the final capitulation.

Where do you see panic? I dont see any volume. Just somebody sold a lot of coins at once to break through 7k and now its death again. Real panic is when the volume starts to skyrocket.

[Lambie Slayer]

When people are talking 3K and 2K-ish then we have a chance of turn around 

You can feel the bottom is near, all I see is panic, and one final move down to perhaps $6000 or $5300 would be the final capitulation.

Yes, those are the kind of prices that would likely cause the Bargain Boyz to reveal themselves.  I think the real panic would start sub 6500, this right now is more of a nervous state of anxiety (sprinkled with a bit of outright denial) caused by the future panic that could materialize.

[vapourminer]

wait, am i supposed to be panicking?

man i need to pay more attention to the price. or something.

[jojo69]

Boeing finally reads the poop manifesto on the wall and halts the MAX production line.  They have been rolling the goddamn things out and parking them nose to tail for months.

This is what peak malinvestment looks like.

[JayJuanGee]

Dead, of course.
Ask JJG for confirmation  

Don't be implying that I am like Roger and Richard... or should I say Richard and Roger?  RR^tm


Those are the guys (and gal?) who know all things that are worth knowing.  

I just wanted to see Batman doing his thing, ya know...

Has to be a really serious amount of dumb before either batman comes out or the "that's so dumb" guy makes an appearance.

Seeming kind of routine, and even tongue-in-cheek for members to be suggesting that bitcoin might be dead - not even the beartrolls really believe that, anymore.. like they had seemed to have believed when we were coming out of the last 4-year fractal comparative period in early 2016 (same was true in late 2016 - when some fairly reasonable prior bitcoiner peeps thought bitcoin was dead after the news of the alleged Bitfinex "hack.").

[JayJuanGee]

This is like a tiny bump in the road.

Fear = Being at a 50% loss on my fiat investment in 2014 or watching our net worth slide over 85% from $19,xxx to $3,xxx.

Anybody who panic sells now is a total loser.

I did a quickie overview of my records, and I was largely consistently in the negative on my BTC holdings between about August 2014 to about May 2016.  The deepest periods of negative were around 65%, but of course, all of that was on paper, especially based on the subsequent BTC price moves.

Furthermore, even the Bitfinex -related crash from about mid-$600s to slightly below $500s and then bouncing back tot he mid-$500s and slowly higher, did not cause my BTC holdings to go back into the negative.  Sure, my BTC holdings did not look that great on paper in late 2016, and they were still on paper because of my ongoing determination to stay in the accumulation and maintenance mode... which did not involve selling.  Profits, are still on paper, but they are way the hell higher than they were in those years.... and largely seems to be a product of determination and persistence, so even if some guys (and gal) have average BTC costs that are much higher than mine (or LFC's) it remains decently likely that persistency with DCA and accumulate and maintain and HODL.. is likely to pay off, which will provide abilities to sell at higher prices, if you so chose... likely, but not guaranteed, that's for sure.   

[xhomerx10]

BTCITCOIN NEEDS YOUR HELP!!! CHANGE ALL YOUR PROFILE PICTURES!!! EVERYWHERE!!! NOW!!!

 I did this hours ago!  When moon?

[Icygreen]

For this special hour of panic on WO, a true story:
Two days ago I stopped at the only stoplight along a rural beachtown drive just as the light turned red.  As if it was aware of the opportunity to use a crosswalk, and with precise timing, a small snake about the size of a common garden variety slithered out onto the road before pausing half way across.  Being familiar with most of the harmless local snake folk in this area I decided to usher the critter across the road to safety ahead of the next green light.  I dismounted my motorbike and approached the snake in a calm manner. Just as I were to take my final pace, the snake turned on me, arched its neck in recoil strike pose and sprung open a previously invisible hood which suddenly made its head appear 3 times larger.  OH SHIT, COBRA!  I froze at less than a meter between us and stared down at my feet wearing the standard $2 flip flop sandles afforded by the natives.
I couldn't move my feet for fear it would be the final trigger. There was 50/50 odds of a successful strike from that short distance.  I could hear other motorists laughing or maybe yelling something at the scene from the stoplight which made me immediately feel like another stupid white tourist far out of his jurisdiction. After a few seconds in lock with the cobra, the light must have turned green and a vehicle slowly passed behind the snake which drew its attention and recoil towards the moving object.
I jumped back with relief and GTFO. The cobra carried on calmly and safely to the other side of the road however, sadly Honey badger courage did not show up on this day.   This would be my first and only encounter with a cobra in the wild of which I clearly was unprepared for.  
Extrapolate what you will in regards to BTC visions and parable. Nothing has changed.
HODL

[JayJuanGee]

Lookie-lookie who is focused on the wrong thingie-ma-jiggies.....

 


Answer:


 

I cannot tell a lie, didn't vote not sure.

WHIMPY!!!!!!!!

I know that d_eddie is eager to see some WO regular get a batman slap, but I am going to assert that you don't quite deserve it....


So instead, for your clearly demonstrated whimpiness by admission, going to give you one of these:

[xhomerx10]

For this special hour of panic on WO, a true story:
Two days ago I stopped at the only stoplight along a rural beachtown drive just as the light turned red.  As if it was aware of the opportunity to use a crosswalk, and with precise timing, a small snake about the size of a common garden variety slithered out onto the road before pausing half way across.  Being familiar with most of the harmless local snake folk in this area I decided to usher the critter across the road to safety ahead of the next green light.  I dismounted my motorbike and approached the snake in a calm manner. Just as I were to take my final pace, the snake turned on me, arched its neck in recoil strike pose and sprung open a previously invisible hood which suddenly made its head appear 3 times larger.  OH SHIT, COBRA!  I froze at less than a meter between us and stared down at my feet wearing the standard $2 flip flop sandles afforded by the natives.
I couldn't move my feet for fear it would be the final trigger. There was 50/50 odds of a successful strike from that short distance.  I could hear other motorists laughing or maybe yelling something at the scene from the stoplight which made me immediately feel like another stupid white tourist far out of his jurisdiction. After a few seconds in lock with the cobra, the light must have turned green and a vehicle slowly passed behind the snake which drew its attention and recoil towards the moving object.
I jumped back with relief and GTFO. The cobra carried on calmly and safely to the other side of the road however, sadly Honey badger courage did not show up on this day.   This would be my first and only encounter with a cobra in the wild of which I clearly was unprepared for.  
Extrapolate what you will in regards to BTC visions and parable. Nothing has changed.
HODL

 You need to get a pet honey badger to travel with you!

[Icygreen]

For this special hour of panic on WO, a true story:
Two days ago I stopped at the only stoplight along a rural beachtown drive just as the light turned red.  As if it was aware of the opportunity to use a crosswalk, and with precise timing, a small snake about the size of a common garden variety slithered out onto the road before pausing half way across.  Being familiar with most of the harmless local snake folk in this area I decided to usher the critter across the road to safety ahead of the next green light.  I dismounted my motorbike and approached the snake in a calm manner. Just as I were to take my final pace, the snake turned on me, arched its neck in recoil strike pose and sprung open a previously invisible hood which suddenly made its head appear 3 times larger.  OH SHIT, COBRA!  I froze at less than a meter between us and stared down at my feet wearing the standard $2 flip flop sandles afforded by the natives.
I couldn't move my feet for fear it would be the final trigger. There was 50/50 odds of a successful strike from that short distance.  I could hear other motorists laughing or maybe yelling something at the scene from the stoplight which made me immediately feel like another stupid white tourist far out of his jurisdiction. After a few seconds in lock with the cobra, the light must have turned green and a vehicle slowly passed behind the snake which drew its attention and recoil towards the moving object.
I jumped back with relief and GTFO. The cobra carried on calmly and safely to the other side of the road however, sadly Honey badger courage did not show up on this day.   This would be my first and only encounter with a cobra in the wild of which I clearly was unprepared for.  
Extrapolate what you will in regards to BTC visions and parable. Nothing has changed.
HODL

 You need to get a pet honey badger to travel with you!

Thought the Bitcoin honey badger analogy would be enough, but literally.   

[HairyMaclairy]

Boeing finally reads the poop manifesto on the wall and halts the MAX production line.  They have been rolling the goddamn things out and parking them nose to tail for months.

This is what peak malinvestment looks like.

Where are the shorts, activist investors and proxy advisors to whip the board into shape?

[Hueristic]

Lookie-lookie who is focused on the wrong thingie-ma-jiggies.....

 


Answer:


 

I cannot tell a lie, didn't vote not sure.

WHIMPY!!!!!!!!

I know that d_eddie is eager to see some WO regular get a batman slap, but I am going to assert that you don't quite deserve it....


So instead, for your clearly demonstrated whimpiness by admission, going to give you one of these:

This ones for D_eddie!!!

For this special hour of panic on WO, a true story:
Two days ago I stopped at the only stoplight along a rural beachtown drive just as the light turned red.  As if it was aware of the opportunity to use a crosswalk, and with precise timing, a small snake about the size of a common garden variety slithered out onto the road before pausing half way across.  Being familiar with most of the harmless local snake folk in this area I decided to usher the critter across the road to safety ahead of the next green light.  I dismounted my motorbike and approached the snake in a calm manner. Just as I were to take my final pace, the snake turned on me, arched its neck in recoil strike pose and sprung open a previously invisible hood which suddenly made its head appear 3 times larger.  OH SHIT, COBRA!  I froze at less than a meter between us and stared down at my feet wearing the standard $2 flip flop sandles afforded by the natives.
I couldn't move my feet for fear it would be the final trigger. There was 50/50 odds of a successful strike from that short distance.  I could hear other motorists laughing or maybe yelling something at the scene from the stoplight which made me immediately feel like another stupid white tourist far out of his jurisdiction. After a few seconds in lock with the cobra, the light must have turned green and a vehicle slowly passed behind the snake which drew its attention and recoil towards the moving object.
I jumped back with relief and GTFO. The cobra carried on calmly and safely to the other side of the road however, sadly Honey badger courage did not show up on this day.    This would be my first and only encounter with a cobra in the wild of which I clearly was unprepared for. 
Extrapolate what you will in regards to BTC visions and parable. Nothing has changed.
HODL

Haha, funny shit man. I once free climbed a cliff and right at the top as I was pulling myself up noticed there was a rattler a foot and a half away from my face coiled up. I moved real fucking slow from there and thanked the gods it didn't nail my ass.

[xhomerx10]

Only 14 days until craig wright will allegedly drive Bitcoin to $0 with his tulip trust stash.  Maybe Mr. Micg can rebuild his Bitcoin empire at really bargain prices.

[HI-TEC99]

Only 14 days until craig wright will allegedly drive Bitcoin to $0 with his tulip trust stash.  Maybe Mr. Micg can rebuild his Bitcoin empire at really bargain prices.

He's not Satoshi, he's a very naughty boy.

[Hueristic]

Only 14 days until craig wright will allegedly drive Bitcoin to $0 with his tulip trust stash.  Maybe Mr. Micg can rebuild his Bitcoin empire at really bargain prices.

He's not Satoshi, he's a very naughty boy.

[JayJuanGee]

Lookie-lookie who is focused on the wrong thingie-ma-jiggies.....

 


Answer:


 

I cannot tell a lie, didn't vote not sure.

WHIMPY!!!!!!!!

I know that d_eddie is eager to see some WO regular get a batman slap, but I am going to assert that you don't quite deserve it....


So instead, for your clearly demonstrated whimpiness by admission, going to give you one of these:

This ones for D_eddie!!!

d_eddie is going to be overdosing with batman slaps.

I did one for him too.  On another thread.    See this one linked here.

 

Feels good to get it out, doesn't it?

[LUCKMCFLY]

I think that you should be patient right now.

The good thing is that if this is a bullish bottom, we have time

I much rather await how price develops towards the level than to have bids and risk it will just puke through it

Accumulation is a slow process

Patience is always key

Source: https://twitter.com/BTC_JackSparrow/status/1206528998119002112