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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (0.9%)
7/28 - 11 (10%)
8/4 - 16 (14.5%)
8/11 - 7 (6.4%)
8/18 - 6 (5.5%)
8/25 - 8 (7.3%)
After August - 61 (55.5%)
Total Voters: 110

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26470796 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. (174 posts by 3 users with 9 merit deleted.)
bitserve
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February 05, 2020, 01:55:19 PM
Merited by JayJuanGee (1)


You are not going to censorship me...  Angry


I don't want to censorship you! I just want to smack some sense in your head so that you stop being distracted by the subtle and irrelevant details of everyone's writing styles and focus (and argue if you feel the need) on the practical/real meaning of the contents FFS!  Grin

Seems to me that largely my responses had been focusing on the substance of what Majormax had been saying both in regards to his assertion for a need for stability and a need for a dip...  

In other words, seems like a more substantive rather than a tonal response, even though maybe there might have been some attempts at fun with references to tone in response to you, but NOT in terms of my response to Majormax.....

In other words, I am sticking to my guns with what I already said, because overexplaining does not seem to be helping... Maybe I already over 'splained?  

Beat me to your heart's content... such beatings are not going to either improve morale nor discourage me into conceding that my posts had not been responsive attempts to Majormax and about tone.. same thing with any of my other posts, generally speaking..

I am not conceding nothing in regards to any purported overtonal emphases in my posting focus....     Tongue

Look who's in a bad mood.     Shocked


To be honest I wasn't in the best of moods yesterday (IRL issues, irrelevant here)... But my post wasn't intended in a negative way. Just found it funny how you have repeatedly taken out of context the word "need" in the very same context time after time... even though I think you do it on purpose Wink
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February 05, 2020, 02:49:54 PM
Merited by JayJuanGee (1), Last of the V8s (1)

Quote
This disease is just a sample of the consequences. It started with some chinese eating bats.

Coat it in batter and fry it enough and its good, even some big ole insects I would try as I believe they are quite the tasty snack but the problem is not the eating various animals but the controls and how they are kept before being thoroughly cooked.    The conditions for these animals are inhumane and if you want to eat something, cook it well and keep it well or screw ups will happen.   Same fallout happened in the UK when they couldnt keep track of the feed source for the cattle, which turned out to be their brothers and sisters passed away in some small percentage it snowballed into requiring mass slaughter of stock; ie. the sick animals got fed to the well and a terrible fallout happens eventually passing even into the human chain as a problem.
    The Chinese apparently have to learn this lesson how many times now before they stop repeating an obvious mistake and keep animals properly when in close proximity to humans, I dont know thats the truth of it but its not much of a stretch to believe way too many corners were cut for costs and we got consequences.   Can happen anywhere I guess but the most populated country with giant migration on packed trains and buses for New Years, disaster.
BitcoinNewsMagazine
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February 05, 2020, 02:55:19 PM
Last edit: February 05, 2020, 04:44:40 PM by BitcoinNewsMagazine
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BTC/USD still trying to break out of the long term Fibonacci zone of resistance at $9273 to $9442. These are the two key long term Fibonacci resistance levels drawn from two different major swing highs to swing lows. Waiting for a weekly close above $9442.



Point and figure charting is time agnostic. The daily PnF chart gave a buy signal at $9262 next one will be at $10424.

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February 05, 2020, 03:19:39 PM

The recovery rate is good?  I guess not epidemic style

Tencent may have accidentally leaked real data on Wuhan virus deaths.

Quote
As many experts question the veracity of China's statistics for the Wuhan coronavirus outbreak, Tencent over the weekend seems to have inadvertently released what is potentially the actual number of infections and deaths, which were astronomically higher than official figures.

On late Saturday evening (Feb. 1), Tencent, on its webpage titled "Epidemic Situation Tracker", showed confirmed cases of novel coronavirus (2019nCoV) in China as standing at 154,023, 10 times the official figure at the time. It listed the number of suspected cases as 79,808, four times the official figure.

The number of cured cases was only 269, well below the official number that day of 300. Most ominously, the death toll listed was 24,589, vastly higher than the 300 officially listed that day.

Moments later, Tencent updated the numbers to reflect the government's "official" numbers that day. Netizens noticed that Tencent has on at least three occasions posted extremely high numbers, only to quickly lower them to government-approved statistics.

Netizens also noticed that each time the screen with the large numbers appears, it shows a comparison with the previous day's data which demonstrates a "reasonable" incremental increase, much like comparisons of official numbers. This has led some netizens to speculate that Tencent has two sets of data, the real data and "processed" data.

Some are speculating that a coding problem could be causing the real "internal" data to accidentally appear. Others believe that someone behind the scenes is trying to leak the real numbers.

However, the "internal" data held by Beijing may not reflect the true extent of the epidemic. According to multiple sources in Wuhan, many coronavirus patients are unable to receive treatment and die outside of hospitals.

A severe shortage of test kits also leads to a lower number of diagnosed cases of infection and death. In addition, there have been many reports of doctors being ordered to list other forms of death instead of coronavirus to keep the death toll artificially low.



(Left to right are nationally confirmed cases, suspected cases, cured and deaths.)



Ibian
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February 05, 2020, 03:58:59 PM

The recovery rate is good?  I guess not epidemic style

Infected people are not dead yet, but they are also not cured. If you compare the number of cured to the number of dead, then we are looking at a lethality of 34%.

Couple this with how easy it spreads. No symptoms for the first 2 weeks, it can survive outside a human body for 5 days, and most of the worlds airports are not shut down yet. And there are 2 new epicenters in china.

This could really be the big one.
OutOfMemory
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February 05, 2020, 04:11:21 PM


Infected people are not dead yet, but they are also not cured. If you compare to number of cured to the number of dead, then we are looking at a lethality of 34%.

Couple this with how easy it spreads. No symptoms for the first 2 weeks, it can survive outside a human body for 5 days, and most of the worlds airports are not shut down yet. And there are 2 new epicenters in china.

This could really be the big one.

So far. Even if recovered rate accelerates more, which i think is because of evolving threatment, the spread rate wouldn't be much different, but lethality may stay around 10% in the end, which is still f*cking high, compared to many other corona-viruses.

Do you have a source for the 5 day survival? Five days in which environments? Places without UV radiation, i guess.

Quote
OT: I'm leaving the house with no internet for about two hours, so chances are higher that a big move will happen in that time.   Tongue
May it be UP!!!

*Imagination of Rocket Meme here*



Seems to work only once a day  Roll Eyes

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February 05, 2020, 04:13:41 PM
Merited by VB1001 (1)

Sorry for the off topic in this Corona Virus Observer thread, but BTC is pumping above 9500$. Weee! Some 400 BTC wall remains at 9800 still. Popcorn time!
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February 05, 2020, 04:15:08 PM
Merited by Last of the V8s (1), VB1001 (1)

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February 05, 2020, 04:15:08 PM

Bakkt aims to turn your reward points into a wallet you can spend anywhere.


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February 05, 2020, 04:35:55 PM

is 9K done for good?
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February 05, 2020, 04:38:20 PM

what a day, Girls!

with a kamikaze style like trade of 100 lot on a REAL account I would be rich now!  Grin Grin




in my opinion TA is not a toolbox to predict the future (which is not possible seriously). but it can be a toolbox to get a statistical edge to more than 50 percent right decisions in trading.

example: will the daily close be above or below the support line below?



1.) if the daily close will be above the support line the probability is more than 50 percent that the price will rise again the next day.

2.) if the daily close will be below the support line the probability is less than 50 percent that the price will rise again the next day.
Last of the V8s
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February 05, 2020, 04:49:15 PM



Nicee
Did you draw this yourself Hairy?

also someone wants to know: is it Hunter S Honeybadger?
Ibian
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February 05, 2020, 04:52:58 PM

Do you have a source for the 5 day survival? Five days in which environments? Places without UV radiation, i guess.
No official source, heard it from people who usually know what they are doing. On the other hand, no official denial or alternative number either.
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February 05, 2020, 04:54:17 PM

Point and figure charting is time agnostic. The daily PnF chart gave a buy signal at $9262 next one will be at $10424.



nice P&F chart!   Kiss

will you marry me?  Grin

#nohomo
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February 05, 2020, 04:59:31 PM

Gentlemen, get ready! Five digits soon!  Cool
HairyMaclairy
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February 05, 2020, 05:02:28 PM

Did you draw this yourself Hairy?

also someone wants to know: is it Hunter S Honeybadger?

No and yes.  

It is not a stick figure, therefore not my art.

But yes, you have correctly identified Mr HS Honeybadger.  
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February 05, 2020, 05:03:23 PM

In which hole?
OutOfMemory
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February 05, 2020, 05:04:16 PM

Do you have a source for the 5 day survival? Five days in which environments? Places without UV radiation, i guess.
No official source, heard it from people who usually know what they are doing. On the other hand, no official denial or alternative number either.

Usually a couple of hours, sometimes a bit longer in dark places.
Would be quite irritating if this coronabitch also falls out of this scheme.

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February 05, 2020, 05:04:17 PM

In which hole?


That’s a big question you ask Globb0
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February 05, 2020, 05:08:29 PM

According to that internet Mr HS Honeybadger meme is from ~2014 at least.
Every time you post something, in fact, it is from longer ago.
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