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

[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!

[Millionero]

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

Everybody knows you never go full retard
https://www.youtube.com/watch?v=oAKG-kbKeIo

the kitchen table is never perfectly clean, so I might as well take a huge steaming dump on it.

That's what my mom always said.

[rdbase]

Aftermath of  hacks where the elitists were trying to assure you they would send you some bitcoin if you send them some.

[JSRAW]

No retirement for me JJG, GF doing research on kindergarten and fine neighborhood nowadays . I hope she's cheating on me. 

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

The number zero and BTC

good read, couple of new things there.. and no Bhudda was no mathematician, he was average dude as far as Maths is concern. Rishis (sages) were doing shitload amount of work in Mathematics in the ancient India.

[sirazimuth]

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

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

Good lord, that’s a whole lotta ragequit clicks.
Seems rather extreme imo, but whatever floats your boat I suppose.
Heat....kitchen...etc.

[JimboToronto]

Good morning Bitcoinland.

More of the same... currently $9168USD/$12450CAD (Bitcoinaverage).

Our 14 day mandatory quarantine after entering country is over. Time to go out (well-masked) and see what's left of life in the big city. Been in the jungle and locked up indoors too long.

First stop: covid testing. Want to be absolutely sure. At least it's free here, no appointment necessary, with fast results. It's hard to believe they actually charge people to get tested in some places. I guess that's why they have still so many new cases daily. They should be paying people to get tested, not charging them. How many homeless or simply poor people are asymptomatic carriers?

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

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

Good lord, that’s a whole lotta ragequit clicks.

That's what I thought. Deleting hundreds of posts takes too much time to simply be the product of being "grumpy" as he called it.

My guess is that it's opsec related.

Too bad. We'll miss him.

[infofront]

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

There have been a couple occasions over the last several years where I have taken out credit cards with 0% interest for ~16 months. This has happened during major buying opportunities. 

[LFC_Bitcoin]

I see lots of you wishing for (hoping for) an opportunity to get cheap coins. I’d really rather not suffer a significant leg down. Any of you who were invested in bitcoin pre 2017 shouldn’t need to hope for cheap coins. If you don’t have enough to satisfy your personal needs now then you never will.

Sure if the price goes down I’ll buy but I buy regularly any way & will continue to do whatever the price (bitcoin is better than fiat).

So yeah, fuck people wanting cheap coins. I’ve had enough of waiting around, I’m selfish, I want moon now.

[bitcoinPsycho]

Always the pessimist

[OutOfMemory]

Finally got the time to scrn-up-post how my triangle fits the price action.
Seems fine to me  

Aug 23 is the date where the lines meet, as i wrote yesterday (or the day before).
EDIT: Covid dip excluded, of course.

[OutOfMemory]

That's what I thought. Deleting hundreds of posts takes too much time to simply be the product of being "grumpy" as he called it.

It has become a disgusting matter of personal resolve.

Yes, I am genuinely that grumpy and disenfranchised with this entire place.

It's fucking cancer.

Just took me too long to see it.

See, i told you so (if anybody can remember).
This place is not the same since several months, i dont exactly remember since which event, but there was a certain point of time when sentiment went generally downwards, people became more aggressive and since covid quite torn apart, polarized. If feels less positive around here.
Well, i can cope with that, cause i don't take things personally per default.
Still, i know what you mean with cancer. It's a very bold term for what's going on but there is a reason for it.

Take some time off, do yourself something good every day and come back when the bullrun resumes, bro 
Wish u the best.

[OutOfMemory]

Quick search revealed this:

https://bitcointalk.org/index.php?topic=178336.msg54096203#msg54096203

When some WOs went to bitcointalk "jail" (temporary ban) for some days.
I think since this event the atmosphere in here changed significantly.

[Dorodha]

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

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!

I think 6400 is the biggest area of support right now, based purely on Price Action, nice to see some confluence

Current market analysis is so tough find out accurate result  i think so the biggest area 6400 nut also  movement upper support area 7600 then next support area 6400 we can say 6400/7600 overall support area are most stronger but not be accurate but true waiting for huge movement all market other side just confused moving Up or Down  

Also bitcoin is now stable but ready for moving breakout soon.

[AlcoHoDL]

Got to run, friends waiting for a night out...

Just want to quickly squeeze this in, because RL is crazy lately...

Just wanted to say I'm sorry to see Bob go, if he finally goes. Not every WOer has top chemistry with every other WOer, but Bob was/is a strong voice in the thread, as are many others.

If it's opsec, fair enough.

If it's BTC getting stuck @ Vegeta prices, not a reason to leave IMO. It's not just BTC that matters here.

If it's the recent racial attacks, well, FUCK THEM (I'm so glad they stopped posting, let them stay out of WO for good). All the more reason to stay.

Anyway, looking fwd to the next mega-pump and I hope Bob is here to celebrate with us. I know he will be.

A meme Bob made during the 2017 pump [post link here]. Probably the best Bitcoin meme ever made:

[serveria.com]

Got to run, friends waiting for a night out...

Just want to quickly squeeze this in, because RL is crazy lately...

Just wanted to say I'm sorry to see Bob go, if he finally goes. Not every WOer has top chemistry with every other WOer, but Bob was/is a strong voice in the thread, as are many others.

If it's opsec, fair enough.

If it's BTC getting stuck @ Vegete prices, not a reason to leave IMO. It's not just BTC that matters here.

If it's the recent racial attacks, well, FUCK THEM (I'm so glad they stopped posting, let them stay out of WO for good). All the more reason to stay.

Anyway, looking fwd to the next mega-pump and I hope Bob is here to celebrate with us. I know he will be.

A meme Bob made during the 2017 pump [post link here]. Probably the best Bitcoin meme ever made:

Another cool meme (my favorite) was created by the Dude. Bob Lawblaw buying the f*cking dip! Epic! I'd be grateful if somebody could repost it here.