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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26364468 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.)
jojo69
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August 03, 2020, 02:07:04 AM

According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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August 03, 2020, 02:18:15 AM
Merited by JayJuanGee (1)



Considering he has .25btc I find that hard to believe but what address do I have to send to first??? Grin
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August 03, 2020, 02:46:36 AM
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Considering he has .25btc I find that hard to believe but what address do I have to send to first??? Grin

Just click the link in this scammy sounding offer and they will give you the address.

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August 03, 2020, 02:50:00 AM
Merited by vapourminer (1)

Reminds me of when I 1st heard Deep Purple's  "Smoke on the Water" and thought the refrain was "Slooooow running Hoooooorses!....."

...on fire in the sky.

Obviously, a hymn from the book of revelations.

I wonder what's that "mobile" they are referring to as in:
"To make records with a mobile
We didn't have much time..."

calling @JimboToronto...

They were recording an album for mobile studios on the spur of the moment is the story. IIRC

some stupid with a flare gun burned it to the ground

smoke on the water and fire in the sky.


frank zappa of the mother’s  studio was burned to the ground.

My first concert at long islands nassau coliseum.

1972 I was 15.
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August 03, 2020, 03:17:54 AM
Last edit: August 03, 2020, 03:32:07 AM by Biodom
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Reminds me of when I 1st heard Deep Purple's  "Smoke on the Water" and thought the refrain was "Slooooow running Hoooooorses!....."

...on fire in the sky.

Obviously, a hymn from the book of revelations.

I wonder what's that "mobile" they are referring to as in:
"To make records with a mobile
We didn't have much time..."

calling @JimboToronto...

They were recording an album for mobile studios on the spur of the moment is the story. IIRC

some stupid with a flare gun burned it to the ground

smoke on the water and fire in the sky.


frank zappa of the mother’s  studio was burned to the ground.

My first concert at long islands nassau coliseum.

1972 I was 15.

memories...

alone, deep at night
escaping all that jamming
"Smoke on the water.."


#haiku
marcus_of_augustus
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August 03, 2020, 03:53:41 AM

Newest Update from Pentarudi aka Masterluc

"This is not more than 4 months prediction, as I spotted new bullish channel . According to my idea price may reach ATH area in 2 months with following some triangle-like consolidation. For EW lovers - I think price is in starting local III wave with all 3rd-wave-specific bullish drama around. Wave length is around 2 months."




... where is Far-away?
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August 03, 2020, 04:01:00 AM
Merited by vapourminer (1)

Here's a short news vid about the Rolling Stones mobile recording studio, with the guys that have restored it...
https://www.youtube.com/watch?v=k4_BUIM7gY0

And here's some archival footage back in the day...
https://www.youtube.com/watch?v=rNFvzWRuZqg
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August 03, 2020, 04:48:22 AM



Considering he has .25btc I find that hard to believe but what address do I have to send to first??? Grin

Just click the link in this scammy sounding offer and they will give you the address.



Hah, keep getting interupted watching this.

https://youtu.be/yz8ymvqUMrU?t=1911

Fucking derivatives are stealing the cap off of bitcoin and people are oblivious to it. they think getting institutional cash is good for the infrastructure nut its a trick to skim off the cap and take the steam out of the movement.

I'm a little wasted tonight if i dont make sense
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August 03, 2020, 04:50:07 AM
Merited by philipma1957 (2)

Reminds me of when I 1st heard Deep Purple's  "Smoke on the Water" and thought the refrain was "Slooooow running Hoooooorses!....."

...on fire in the sky.

Obviously, a hymn from the book of revelations.

I wonder what's that "mobile" they are referring to as in:
"To make records with a mobile
We didn't have much time..."

calling @JimboToronto...

They were recording an album for mobile studios on the spur of the moment is the story. IIRC

some stupid with a flare gun burned it to the ground

smoke on the water and fire in the sky.


frank zappa of the mother’s  studio was burned to the ground.

My first concert at long islands nassau coliseum.

1972 I was 15.

Hah, those were the days of youth for me as well. My Mom was a bartender and i used to play this on the jukebox all day long. these days it would be child abuse to have kids in bars. Smiley

she used toi say i was better off in the bar with her than on the streets Smiley
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August 03, 2020, 05:41:29 AM
Merited by bitserve (1)

Newest Update from Pentarudi aka Masterluc

"This is not more than 4 months prediction, as I spotted new bullish channel . According to my idea price may reach ATH area in 2 months with following some triangle-like consolidation. For EW lovers - I think price is in starting local III wave with all 3rd-wave-specific bullish drama around. Wave length is around 2 months."




... where is Far-away?

Your guess is as good as mine. However, I can show where masterluc thinks we are in Elliott Wave theory.



We're actually just past the little (2) near my dot. We just began the wave (3).

After we get to....some number, there will be a correction, wave (4). After that, the mother of all bull runs begins, the local wave (5) of historical wave 5. Basically, the blow off top to end all blow off tops.

Then a massive, multi year long bear market. Masterluc previously said he expects a 10 year bear market after the wave 5 top. But we don't need to think about that yet.
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August 03, 2020, 06:25:54 AM
Merited by JayJuanGee (1), bkbirge (1)

https://twitter.com/BlakePavey/status/1288818865846120449
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August 03, 2020, 07:34:42 AM

^. Then again:

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August 03, 2020, 07:44:18 AM
Merited by JayJuanGee (1)

Why would they do that? Selling this sharply means losing money.

Volatility always means profit for the exchange, despite of the direction. I am not accusing Kraken to be responsible for the dump. It is just weird that € has any relevance in this game when everybody thinks it doesn’t.

I'm not sure Kraken would gain enough from the fees to cover the loss of such sell. But yeah, who knows?
Although I am European and I care more about the EUR price than USD price, I don't use Kraken. For example Bitstamp also has EUR pair.

And no, EUR is far from irrelevant. Europe do have money, Europe does invest and trade Bitcoin. But for day trade, for example, if one just buys and sells and repeats, the currency doesn't mean anything (so it can be USD, where the volumes are higher).
Keep in mind that Europe is also more than Eurozone and most have to convert the earnings anyway into their local currency. This doesn't mean the orders cannot be calculated in Euro and converted afterwards to the equivalent USD price.

...Or maybe I just over-complicate everything  Grin


This is a very bearish candle.

Isn't just wishful thinking by chance? I mean that you have that specific candle only on the 3-day chart and it looks wonderful in all other charts, including the more usual 1-day ..  Wink
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August 03, 2020, 07:47:33 AM

@ChartsBtc : "Charts suggests possibilities, not probabilities and certainly not certainties."

So all good...

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August 03, 2020, 08:36:45 AM

Newest Update from Pentarudi aka Masterluc

"This is not more than 4 months prediction, as I spotted new bullish channel . According to my idea price may reach ATH area in 2 months with following some triangle-like consolidation. For EW lovers - I think price is in starting local III wave with all 3rd-wave-specific bullish drama around. Wave length is around 2 months."



Update:

"Comment: I see people surprised why am I sharing such bullish idea while Bitcoin experiencing flash crash. This is obvious for me, I didn't mentioned...

$10k area was strong resistance for a long time. Price can't just penetrate it and go up without retesting. So Bitcoin experience a pullback to $10k to ensure it is support now. So I expected this move and it is absolutely normal for me. Of course, if 10k will hold Smiley I am sure it will, if not - this idea is shit"

That would be the usual totally unexpected move by Bitcoin.
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August 03, 2020, 08:57:05 AM
Merited by JayJuanGee (1)




This is a very bearish candle.



What is a Gravestone Doji?
A gravestone doji is a bearish reversal candlestick pattern that is formed when the open, low, and closing prices are all near each other with a long upper shadow. The long upper shadow suggests that the bullish advance in the beginning of the session was overcome by bears by the end of the session, which often comes just before a longer term bearish downtrend.


https://www.investopedia.com/terms/g/gravestone-doji.asp

Not surprising from a well-known beartard... have you managed to save enough money for the payment for your LFC bet? I guess you're very close to losing it now...  Grin
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August 03, 2020, 09:01:58 AM

Newest Update from Pentarudi aka Masterluc

"This is not more than 4 months prediction, as I spotted new bullish channel . According to my idea price may reach ATH area in 2 months with following some triangle-like consolidation. For EW lovers - I think price is in starting local III wave with all 3rd-wave-specific bullish drama around. Wave length is around 2 months."




... where is Far-away?

Your guess is as good as mine. However, I can show where masterluc thinks we are in Elliott Wave theory.



We're actually just past the little (2) near my dot. We just began the wave (3).

After we get to....some number, there will be a correction, wave (4). After that, the mother of all bull runs begins, the local wave (5) of historical wave 5. Basically, the blow off top to end all blow off tops.

Then a massive, multi year long bear market. Masterluc previously said he expects a 10 year bear market after the wave 5 top. But we don't need to think about that yet.

Yeah now we need to think about more down to earth things like when to cash out, how to do it closer to the blow off top etc...   Cool
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August 03, 2020, 09:13:15 AM
Last edit: August 03, 2020, 09:27:58 AM by JL0

Newest Update from Pentarudi aka Masterluc

"This is not more than 4 months prediction, as I spotted new bullish channel . According to my idea price may reach ATH area in 2 months with following some triangle-like consolidation. For EW lovers - I think price is in starting local III wave with all 3rd-wave-specific bullish drama around. Wave length is around 2 months."




... where is Far-away?
I dont know. Back when the Bitcoin was at $ 1K, he claimed that the Bitcoin would see the $ 14K and I didn't believe him. What happened ? Bitcoin did a lot more. He also predicted the crash down to $3K. 
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August 03, 2020, 09:49:13 AM
Merited by philipma1957 (2), HI-TEC99 (1)

Too many charts here  Grin I know we should look at the wall but I believe that time has passed.
We need more trains, rockets and spartans.
Forget charts.
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August 03, 2020, 10:03:03 AM
Merited by JimboToronto (1), JayJuanGee (1), yefi (1)

Newest Update from Pentarudi aka Masterluc

"This is not more than 4 months prediction, as I spotted new bullish channel . According to my idea price may reach ATH area in 2 months with following some triangle-like consolidation. For EW lovers - I think price is in starting local III wave with all 3rd-wave-specific bullish drama around. Wave length is around 2 months."




... where is Far-away?
I dont know. Back when the Bitcoin was at $ 1K, he claimed that the Bitcoin would see the $ 14K and I didn't believe him. What happened ? Bitcoin did a lot more. He also predicted the crash down to $3K. 

I remember him dumping his whole stack in the mid $300's on November 02, 2015. Two days later it mooned up to $500.

Great price to sell?

Yeah in short term, above all existing positive standard deviations )

Last portion of BTC unloaded =) out of ammo =)

Maybe full moon cycles would be as reliable. Today happens to be a full moon,and the price has mooned above $11k.

Hodling is much safer than making gambles based on lines on charts, or full moon cycles.

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