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

[WastedLTC]

meh, why is this wonderful thread closed?

There have been so many stories...   I remember wanting to create a FMLCoin which would be paid based on the sob stories...   would probably be worth a fortune now...  lol.  sorry off topic -- but BTC sob stories are way more entertaining than people saying "I met this guy in a vacant office trying to get me to invest in this thing called AOL."

[aesma]

A big part of the BTC bid today is from previous sideliners who grabbed a starter allocation in the 10k-10,500 area on the breakout.

These are longer term macro-based buyers, as opposed the small overleveraged guys who chased the pop over 12k and got blown out.

https://twitter.com/MacroScope17/status/1290357835986083841

Are we talking about noobs ? If the price goes down a bit, would they be likely to sell ?

[aesma]

Yes, for example, this gave me a pause:

https://www.youtube.com/watch?v=HuMbRBTZhCY

At first, I was quite skeptical, but facts presented in the video were confirmed when I read this:

https://www.pnas.org/content/117/15/8218

They are not talking about experience with current vaccines in development, but rather vaccines against SARS, etc.

Some animals or people who received the vaccine and were later exposed to the virus developed more severe disease than those who had not been vaccinated.

The point is, COVID vaccines would differ, but we absolutely need animal testing of response to live virus before getting vaccinated with a particular vaccine.
Don't reject all vaccines, but beware that SOME may cause the opposite effect-that's the gist of the video message, I guess.

Trying to discredit something before it is even out isn't a good sign, though.

And how do you ethically expose someone (hundreds of someones) to the virus to test your vaccine ?

[aesma]

It's surprising how many peeps whom I have considered to be quite intelligent (not only on this forum but also IRL) have fallen for conspiracy theories (COVID-19, 5G, Bill Gates mind control chips etc) 

With all the conspiracy theorist propaganda out there, it's easy for the weak-minded to be brainwashed.

That said, don't be a conspiracy denier either. Of course the examples you listed are laughable but that doesn't mean that what Edward Snowden pointed out is also bullshit.

Plandemic and chemtrail mind control may be imaginary but covid and PRISM are very real.

Be neither conspiracy theorist nor conspiracy denier... i.e. use your brain.

A conspiracy that requires all governments of all kinds on the planet to basically agree (with a few exceptions) doesn't seem like a good fit as far as conspiracies go, unless this is the "big one" that leads to a world government or something. If that was the case, the execution so far is terribly bad.

[Unknown01]

Not only the market indicators seems to be bullish, also most people in the board are bullish... i hope the time for the bullrun has come and soon we‘ll see new ATH‘s  

Stay positive!

Greetings from the german board  

Greetings mein bruder, we go to the moon next year

I‘m more optimistic, i think and hope that at the end of the year we‘ll start the rocket to the moon.. of course the flight to the moon takes a little longer  

[fillippone]

Hey Gang,
been pretty busy vacationing lately:

My yearly outdoor week-long nature escape:

	Sorry for the lack of compulsory WO sign, I think you can trust me this time (same tent and almost same place of last year picture, btw

On the way back to the civilisation I stumbled on a posh art gallery window:

	Is this art?

Something caught my eye:

	Fillippone lateral sight is still eagle eye sharp!

Self explanatory writing in front of the case:

	This is awesome

Of course no price tag was exposed. Money no object, of course.

I did a little bit of research and I found some reference for this:

https://www.1stdibs.co.uk/art/mixed-media/zmk-zachary-marc-knudson-zmk-case-fiat-currency/id-a_3906232/

One of 25 (the greedy artist lost a wonderful occasion of a "edition of 21".
In a era where a banana duct taped to the wall sells for 120K, I won't dare asking for a price.
Sorry.

EDIT2: I later dressed up and asked the price 18,000 EUR. Strangely not competitive with the USD 10,000 price asked in that Miami Gallery. Usual Italian scam.



EDIT: 63 WO pages to catch up... What did I miss?

[xhomerx10]

Yes, for example, this gave me a pause:

https://www.youtube.com/watch?v=HuMbRBTZhCY

At first, I was quite skeptical, but facts presented in the video were confirmed when I read this:

https://www.pnas.org/content/117/15/8218

They are not talking about experience with current vaccines in development, but rather vaccines against SARS, etc.

Some animals or people who received the vaccine and were later exposed to the virus developed more severe disease than those who had not been vaccinated.

The point is, COVID vaccines would differ, but we absolutely need animal testing of response to live virus before getting vaccinated with a particular vaccine.
Don't reject all vaccines, but beware that SOME may cause the opposite effect-that's the gist of the video message, I guess.

Trying to discredit something before it is even out isn't a good sign, though.

And how do you ethically expose someone (hundreds of someones) to the virus to test your vaccine ?

 You only use people from the board of directors of the company who produced the vaccine?

[savetherainforest]

[...]

    Oh gawd.  Dyslexic knows about trading too?      Hory sheet.

I missed you too latina FUD furnace! ... I've seen your friend Juan Carlos I is moving to some exotic island or something...

And yes, I've been trading since 2015. But I wasn't confident until last year or so to tell anyone about it.

I see you have been pulling weights and smelling bears asses for some time around here. .... Something must be entertaining you to keep hanging around here.

Anyway... I see some sh!tcoins are holding strong and trying to go against the grain.

[marcus_of_augustus]

https://www.youtube.com/watch?v=59K40Ahd7yk

... first hop for the rocketship that will take you into orbit, or to the moon, or to mars.

This thing is going to be the 747 of our era.

[Toxic2040]

10 min siren  


*edit meh...detanking...scrubbed for now

[savetherainforest]

https://www.youtube.com/watch?v=59K40Ahd7yk

... first hop for the rocketship that will take you into orbit, or to the moon, or to mars.

This thing is going to be the 747 of our era.

I see it was aborted. ... eh... Better luck next time! Tomorrow?

[Toxic2040]

I see it was aborted. ... eh... Better luck next time! Tomorrow?

'Scrubbed for the day. A Raptor turbopump spin start valve didn’t open, triggering an automatic abort. We’ll figure out why & retry tomorrow.'
https://twitter.com/elonmusk/status/1290448540821594114

[Toxic2040]

the evening wall report

Bitcoin showed resilience and moderate gains today after a weekend of volatile trading.
4h


bullshoulder stands on tenkan sen
D

#stronghands

[JayJuanGee]

Well well well. Turns out Lambie is just some girl. And only a four at that.

https://twitter.com/Jordan_Sather_/status/1290135792027750403

WB.... 6-ish  

Well well well. Turns out Lambie is just some girl. And only a four at that.

https://twitter.com/Jordan_Sather_/status/1290135792027750403

 I'm in love.

Maybe not love, but still.  

[JayJuanGee]

Pokémon doll still 3D printing... 13h 42m left.

Number go up.
Volume go up.

$12k (10k €) / BTC before doll ready?

How the fuck do you print a Pokémon doll?  That's uncle-ly love, for reals.

3D printing a Pokémon doll as a special present to my niece. Uncle duties...

Looks like the beast has awoken again!

We are The HoDLers.
We answer to no one, but...
Lambos, Hookers, Blow!

#haiku

That's a bit of a stark contrast, AlcoHoDL, all contained within one post.  

Wow, right before my previous post! Are we telepathically connected?

Believe me, I thought about the contrast issue.

Haiku/Uncle duties conflicting... LOL.

Her daddy is a coiner. Thanks to me. Although he holds much more alts than BTC. I've warned him, but he has fallen into the "BTC too expensive" trap. I hope the incoming bull run will find him HoDLing some good amount of corn.

You may not have received the truly - or would the correct word be "literally?" "internal" memo:   You, me and JSRAW are likely just the same peeps.  

Pray for your brother (or is it brother in law?) that he someday (before it is too late) see the light.  But to each their own and at their own pace.  Many folks want to outsmart the situation, and perhaps he will find a profitable way without losing too much along the way, perhaps.  Not everyone was made to be a bitcoiner at this particular time in the bitcon's life.

[JayJuanGee]

Why cash out? I hold since 2014 and want to get out of this 100% investment I did. I mean I am only invested in btc and who knows what happens after the next ATH. So would be cool to have some cash on the side if btc dies or whatever. People seriously believe these Rothschilds and Rockefellers would accept a crypto currency as an alternative to their fiat money? If it gets too powerful they will destroy it. I mean they own 99% of the worlds governments and media. Would be easy for them to somehow ban it and make a bad media campaign.

It seems a wee bit retarded to go full bitcoin.

Probably you need to explain what you mean by being "100% bitcoin" a bit better?

I am starting to think that you do not have any other investment, except bitcoin, but you still have various fiat cashflow and things like that.. some kind of modified version of what mindrust was doing when he was knowingly overinvested in bitcoin.

Anyhow, not very many normie people should even attempt to go full bitcoin.. unless they might happen to have circumstances such as being young and having more than 500 coins and they don't really mind a bit of extreme volatility and they just cash out what they might need from time to time (maybe even having decent cashflow that really covers all of their expenses with an emergency fund - which hardly meets the definition of 100% bitcoin)... but even with 500 coins, many folks would have been shitting a bit when the BTC price dropped to $3k-ish in late 2018 and there was uncertainty about if the BTC was going to go down more from there.. and even shitting a bit when it hit $3,850 in March 2020, and wondering, wondering, wondering.

[JayJuanGee]

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

Bossian, get your 0.05BTC ready, you might even have to send it before we even get to 2021

Yeah..  sure, I would rather witness Bossian for the scammer that he is, sooner rather than later.

Fuck that shithead.

[Toxic2040]

i like to speculate

see where we are come mid September Octoberish from the hilltop i suppose..steady as she goes
M


things change quick as we all should know..just saying    with uncertain times ahead i think it best to be prepared for as much as you can be   consolidate..keep a little liquidity back for those dips..stack sats..hodl
i think by next year when the full impact of the shut downs is finally starting to be felt in legacy markets bitcoin will have a chance to prove it is a real store of value over the next decade
#dyor

#stronghands

[JayJuanGee]

You should not be setting your ladder steps at round numbers,

Pish. I used to place my orders 'just off' from round numbers. Yes, they executed earlier. No, I found no evidence to suggest they executed more often than round number orders would have. Even if there were some minimal incremental benefit, that is outweighed by the PITA factor. At least for me.

I had to look up PITA, just to make sure that I understood the context of your apparent manufactured exasperation.

More simply put.  We can just agree to disagree on this angle.... even though I had thought that you had previously agreed on this technique..

Yeah, I did. But my experience taught me that -- at least in my case -- I saw perhaps zero benefit, and certainly more headache.

Ok.

Surely, experiences can vary, and both you and aesma seem to be playing tighter increments and tighter spreads than me.

I do find from time to time, I will end up filling orders and the price reverses right around the same price as the price that I had set the order, which is a bit shy of the round number.  Maybe it is a 1 out of 10 scenario in which my system is successful in the last of the orders in a series of filled orders (discounting the locations where the BTC price just runs through my orders or past them and only looking at the reversal orders - the last in the series of orders). 

But still seems to be best practice to me to not be setting orders at round numbers and to set orders at some meaningful increment before the round numbers, and I started following such best practice since late 2015.. and I have both ingrained my various systems including attempting to employ best practices and also just tweaking what I do along the way to in order to learn more and more and more, . and sure sometimes it takes me some time to set buy/sell orders or to rethink or reset buy/sell orders in a way that I conclude is in harmony with my sentiments regarding what I want to do at that time in my trading life and to be approaching somewhat emotional free in terms of neutrality regarding which way the BTC price moves.. and I prefer if orders fill versus NOT filling (especially when the price gets really close to where my orders are set), even while I largely attempt to employ and structure my orders in such a way that I don't really care if they fill or not .. but if the price gets close, I prefer them to fill - if you can imagine such a seemingly contradictory balancing of preferences? and even if in the whole scheme of things setting orders before round numbers does not make much of a difference, it does seem to make some differences on the margins (and thus remains a preferable and best practice.. even if you believe that it is not worth your time... just like for the most part, I don't find it worth my time to set buy orders only a few percentages apart or using a small spread and I tend towards 5% or 10% spreads but maybe slightly smaller increments - but of course, I adjust too.. depending on some tweaks regarding if I feel that I am stacking too much in one direction or another (dollars or BTC)).

[JSRAW]

https://twitter.com/ChartsBtc/status/1290475701682835456