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

[fillippone]

It’s almost time:


https://twitter.com/officialmcafee/status/887024683379544065?s=21

I know this bet isn’t valid anymore... but I think it’s fun to remember it.

Btw, what’s happening to WO? Page count has decreased of at least 20 pages in the last few days..
I am on holiday, I might have missed some important piece of information here...

VV thanks @jojo69: Wow, he deleted more than 500 posts already!

[jojo69]

Btw, what’s happening to WO? Page count has decreased of at least 20 pages in the last few days..
I am on holiday, I might have missed some important piece of information here...

[aesma]

What happened, ragequit, or something he wrote makes him feel exposed ?

[DaRude]

What happened, ragequit, or something he wrote makes him feel exposed ?

ragequit over BLM politics, at least that seemed to be the last straw

[smartcomet]

Bitcoin is a neutral innovation.

Like the telegraph, steam engine or printing press- it has no intrinsic opinions, preferences or beliefs

The user gives it meaning.

To better explain this concept, I wrote a children's book.

[strawbs]

What happened, ragequit, or something he wrote makes him feel exposed ?

ragequit over BLM politics, at least that seemed to be the last straw

I hope not, it's sad to see long term WOs go. And it means fewer of us at the $100k party.

He still seems to be around though: https://bitcointalk.org/index.php?action=profile;u=569455

Someone tell him we all love him and want him back.

#muchhomo

[LUCKMCFLY]

Well apparently Hackers are not as knowledgeable about Blockchain technology, they have left traces.

Twitter Hack Autopsy: Coinbase, Binance, BitGo May Know Hackers ID

The hackers appear to be using a proxy as transactions originate from different parts of the world. The Bitcoin addresses generated by hackers come in different formats, some are of the newest Bech32 format, others in the older P2PKH and P2SH formats. If our analysis is correct, then several major crypto entities should be able to identify the hackers.

Source: https://cointelegraph.com/news/twitter-hack-autopsy-coinbase-binance-bitgo-may-know-hackers-id

[lightfoot]

What happened, ragequit, or something he wrote makes him feel exposed ?

ragequit over BLM politics, at least that seemed to be the last straw

That sucks. I ragequit another site about 4 years ago and kind of wish I hadn't. But there's no going back as the site is now gone.

Sorry he's gone.

[Paashaas]

It won't take that long anymore before the grind up starts, 1 a 2 months.


https://twitter.com/BTC_JackSparrow/status/1283890007464456198

[Paashaas]

BobLawblaw needs a few weeks break from everything Bitcoin related incl. Bitcointalk.

I do that also from time to time it really helps to get a fresh mindset.

Please Bob don't leave us.

[DaRude]

What happened, ragequit, or something he wrote makes him feel exposed ?

ragequit over BLM politics, at least that seemed to be the last straw

That sucks. I ragequit another site about 4 years ago and kind of wish I hadn't. But there's no going back as the site is now gone.

Sorry he's gone.

I should add that i only based it on his last posts and screengrab about him asking about account deletion, i don't have any additional info outside of that

[El duderino_]

BobLawblaw needs a few weeks break from everything Bitcoin related incl. Bitcointalk.

I do that also from time to time it really helps to get a fresh mindset.

Please Bob don't leave us.

The only thing I never ever need = a break from btc and btc related stuff......

I would go full retarded whiteout it

[VB1001]

Good morning WO gang, away from the thread for personal reasons, I do not know how long this situation will last.
Hugs.

[bitebits]

BobLawblaw needs a few weeks break from everything Bitcoin related incl. Bitcointalk.

I do that also from time to time it really helps to get a fresh mindset.

Please Bob don't leave us.

The only thing I never ever need = a break from btc and btc related stuff......

I would go full retarded whiteout it

One can’t simply run from Bitcoin, it keeps coming back to you like a boomerang. Unless you become a no-coiner which I don’t see happening anytime soon to our Bob. He will keep lurking this thread from the shadows, which is fine.

[dragonvslinux]

It won't take that long anymore before the grind up starts, 1 a 2 months.


https://twitter.com/BTC_JackSparrow/status/1283890007464456198

I have similar feelings, a "one last dip" scenario in the coming months before bull-run starts next year (or the end of this year).
Ironically just found out I'm getting a decent fiat inheritance from an in-law (completely out the blue), but won't be distributed until early next year  >
It's nice news, but I want to be buying up 6.5-7.5K range as per usual, not some 10-14K range next year, it seems very likely the fiat will lose 20-40% of it's value by then
Solution: Currently on the hunt for an off-line low-interest loan to cover me until inheritance

[JayJuanGee]

It's happening? One last down before UP? 

We've had a lot of these last downs, they're starting to wear me out.

Are here going to be getting yet another visit from Vegeta again?
I am pretty sick and tired of him at this point.
Still, some movement, even down, has got to be better than this long sideways action.
Fingers crossed that the big move up is imminent.
Got a retirement to be looking forward to soon.
Go Honey Badger Go.

When is the retirement?

This year?

Next year?

What price does BTC have to reach under various scenarios in order for the retirement objective to be achieved?

[El duderino_]

https://medium.com/@breedlove22/the-number-zero-and-bitcoin-4c193336db5b

The number zero and BTC

[El duderino_]

It won't take that long anymore before the grind up starts, 1 a 2 months.


https://twitter.com/BTC_JackSparrow/status/1283890007464456198

I have similar feelings, a "one last dip" scenario in the coming months before bull-run starts next year (or the end of this year).
Ironically just found out I'm getting a decent fiat inheritance from an in-law (completely out the blue), but won't be distributed until early next year  
It's nice news, but I want to be buying up 6.5-7.5K range as per usual, not some 10-14K range next year, it seems very likely the fiat will lose 20-40% of it's value by then
Solution: Currently on the hunt for an off-line low-interest loan to cover me until inheritance

All is possible, though I wouldn’t be looking for 6.5K coins myself, just be happy what you can grab when you can ...

[bitebits]

Below some bitcoin mining charts. Per design the competition is brutal. Just buying a bitcoin is such a convenient, stressless and risk free alternative. You almost forget what a privilege it is to still be able to buy and own one at a very decent price. Tempted, again.

https://twitter.com/sgbarbour/status/1283896834671415296

[dragonvslinux]

It won't take that long anymore before the grind up starts, 1 a 2 months.


https://twitter.com/BTC_JackSparrow/status/1283890007464456198

I have similar feelings, a "one last dip" scenario in the coming months before bull-run starts next year (or the end of this year).
Ironically just found out I'm getting a decent fiat inheritance from an in-law (completely out the blue), but won't be distributed until early next year  >
It's nice news, but I want to be buying up 6.5-7.5K range as per usual, not some 10-14K range next year, it seems very likely the fiat will lose 20-40% of it's value by then
Solution: Currently on the hunt for an off-line low-interest loan to cover me until inheritance

All is possible, though I wouldn’t be looking for 6.5K coins myself, just be happy what you can grab when you can ...

Not specifically 6.5K to be honest, got enough of that already so happy to move average higher. I wouldn't be going in before sub 8K though, that's roughly the current descending triangle measured move target, that from my studies of Bitcoin's 10 year history generally has a 80% probability of reaching, at a minimum, if confirmed.
Way too predictable imo, not that anyone wants to hear it 

That said, when dumping shitcoins then it's best not to be too greedy, start selling the rally once the dead cat bounces 
Anything between $6.2-8.2K bearish trending moving average resistance on the Monthly chart looks fair game to me 



Here's my reasoning for 6.5K as lowest bids, not convinced we'll wick below the 200 Week MA again this time around:



It's not only just above the 4 year moving average, but also the average traded price in the past 4 years. It's perfect!