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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26367133 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.)
naim027
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November 30, 2021, 03:39:58 PM

Edited Out.


Okay. Smiley
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November 30, 2021, 03:45:47 PM
Merited by vapourminer (1), BobLawblaw (1), julian071 (1)

Oh... and just to remove even MORE of the mystery!!!

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November 30, 2021, 03:51:07 PM


Good man.

Oh.  And one more thing.  I own guns.  And I will not hesitate to use them.  Most likely the last thing an uninvited "visitor" to my house will see will be the muzzle flash of my most boring weapon.  Just a simple Remmington HD870 shotgun. 



So far it has only killed some tree rats.  But that is not what I bought it for.

Invited visitors will be offered coffee instead.
naim027
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November 30, 2021, 03:53:47 PM


Good man.

Oh.  And one more thing.  I own guns.  And I will not hesitate to use them.  Most likely the last thing an uninvited "visitor" to my house will see will be the muzzle flash of my most boring weapon.  Just a simple Remmington HD870 shotgun. 



So far it has only killed some tree rats.  But that is not what I bought it for.

Invited visitors will be offered coffee instead.

Let me hope that I am not that "uninvited Visitor" Smiley
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what is this "brake pedal" you speak of?


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November 30, 2021, 03:56:40 PM

Sadly for me, I was around for the beginning of bitcoin, but as a starving artist I never really accumulated very much of it... so no buying of islands for me.  Hindsight is always 20/20.

lots of people just assume that just because someone was around early on in btc that they are now rich beyond measure.

lol sure

i mined early on when btc was tossed around like popcorn. selling at $35??? GENIOUS!

remember this was all just a Grand Experiment to some. if anyone had told me back then that a single bitcoin would be worth north of $60K USD in 10 years? pffft i would of laughed for days

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November 30, 2021, 03:59:12 PM

*POWELL: TIME TO RETIRE THE WORD TRANSITORY REGARDING INFLATION

Oops!

Weird red candle immediate reaction.
Puzzled.

Could that be the news being sold on?  Weird.

I expect we retake some of those gains fairly quickly...  This little diplet is a gift to the people who are buying.
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November 30, 2021, 04:01:26 PM


Explanation
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November 30, 2021, 04:09:48 PM

#Bitcoin

https://twitter.com/naiiveclub/status/1465634622646013955?s=21
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November 30, 2021, 04:20:09 PM
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Oh... and just to remove even MORE of the mystery!!!

Dude. My house is in that photo too! The blue arrow is a little further back, and I think it's like, behind the sixth tall building left of your location, but yeah man.

My house would totally be in this shot if it wasn't for those pesky skyline-blighting concrete and glass monstrosities.



Let me hope that I am not that "uninvited Visitor" Smiley

To be quite frank, I've informed the neighborhood we are building out the ranch in, that you are an undesirable entity.

Given the capital outlay so far investing in infrastructure, not to mention the goodwill fostered with the chicken, goat, and cattle farmers in the area - never mind the purple posts displayed everywhere - you would not likely survive a road trip east of Rockwall County, TX using the major thoroughfares.
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November 30, 2021, 04:28:10 PM


Let me hope that I am not that "uninvited Visitor" Smiley

To be quite frank, I've informed the neighborhood we are building out the ranch in, that you are an undesirable entity.

Given the capital outlay so far investing in infrastructure, not to mention the goodwill fostered with the chicken, goat, and cattle farmers in the area - never mind the purple posts displayed everywhere - you would not likely survive a road trip east of Rockwall County, TX using the major thoroughfares.

Kitten me?

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November 30, 2021, 04:33:58 PM

I was leaning on the idea that @jack was a bleeding heart idealist type, and he was the one responsible for the corporate "censorship" Twitter has performed along with the other centralized social media platforms.

But I may have been wrong.  He may have been holding back the floodgates...

What the actual $%#$ is "Content Health"?  Never mind.  You can tell by it's choice of words EXACTLY the lines this asshole is going to draw.

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November 30, 2021, 04:42:58 PM

Oh boy...  Something tells me *this* might have some crazy deep consequences:


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November 30, 2021, 04:57:27 PM
Merited by JayJuanGee (1)

*POWELL: TIME TO RETIRE THE WORD TRANSITORY REGARDING INFLATION

Oops!

Weird red candle immediate reaction.
Puzzled.

Could that be the news being sold on?  Weird.

I expect we retake some of those gains fairly quickly...  This little diplet is a gift to the people who are buying.

It sure is. Curbing inflation means less free money to further inflate the stock-bubble with, as they seem to recognize they are causing the inflation by all the money printing (duh, really??). So a red candle. However tomorrow everyone will realize that a) the printers will be going brrrrrr for quite some time to come, only maybe a little less, after a while and b) when there is inflation, ANY money lying around is just decaying in front of you so should instead IMMEDIATELY be pumped into to the bubble.

I'm really starting to dislike this coupling of stonks and BTC. Feels degrading and dirty.

Edit: Imma gonna take a shower.
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November 30, 2021, 05:01:26 PM


Explanation
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November 30, 2021, 05:15:48 PM
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I was leaning on the idea that @jack was a bleeding heart idealist type, and he was the one responsible for the corporate "censorship" Twitter has performed along with the other centralized social media platforms.

But I may have been wrong.  He may have been holding back the floodgates...

What the actual $%#$ is "Content Health"?  Never mind.  You can tell by it's choice of words EXACTLY the lines this asshole is going to draw.



Good grief.  This is going to be quick...

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November 30, 2021, 05:19:11 PM
Last edit: September 10, 2023, 01:17:07 PM by dragonvslinux
Merited by Hueristic (1), JayJuanGee (1)

Just beat up a trendline with volume...

Pants.




*EDIT*

Let's see if the trendline flips to support.  I bet it does!!!  And it will make a decent basecamp for the next attack to retake the psychological 60k.

I think we will noodle around under 60 for a moment, and then take it fairly quickly.  I do not think there is a lot of resistance at that level.

Nasty rejection from horizontal resistance & short-term distribution zone. It was looking good at the time (under a microscope), but this would be why for a 4hr close as confirmation always makes sense.



I'm finding it difficult to tell where price is going next. The 0.618 retracement level held well, but the buying pressure since then has been weak at best. For the short-term the bears still remain in control it seems, based on the selling pressure. $56.5K local low looks like it could hold as support, but wouldn't be surprised to see a re-test of the 0.618 again to confirm as new support. It would act as a good opportunity to trap bears at least. Not really expecting a lower low now key support has held, but not under-estimating the resistance overhead. A bullish inverse head & shoulders is looking likely though.

Price is basically back where it started 12 days ago. Not liking the broadening wedge pattern either, but it is what it is. Breaking below $55.5K would also likely trigger bullish stop losses for a failed trade, which could certainly open the doors for $50-51K support to finally get re-tested. Price should have a better chance breaking through resistance if given another go at least. Blah, kinda boring.

Daily chart remains relatively bullish, but not inspiring confidence at current prices with recent rejects from overhead distribution zone. The picture looks like slow accumulation, as opposed to a quick recovery.



The main upside I see is that price has been wrecking day-traders for the past week, with many bear traps and bull traps. Hopefully this gives longer-term traders more of chance to determine bullish movements.



Sadly for me, I was around for the beginning of bitcoin, but as a starving artist I never really accumulated very much of it... so no buying of islands for me.  Hindsight is always 20/20.

As the investor said to the tax man  Tongue
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November 30, 2021, 06:00:38 PM
Merited by AlcoHoDL (1)

Buddy breaker! Where the hell is everybody?  Cool

I think if ever I were to agree to meet a WOer in real life, to check that they really are who they say, I would ask them "What is ChartBuddy, how often, and at what time to within the nearest minute?"

If they can't answer those three questions, they're a fake and are most likely after your stash.

Yes...

If people do not act quickly, they are going to even have troubles getting up to 0.21BTC..  - let alone some of the BIGGER stashes that are more than 0.63BTC.  #justsaying.

Actually, 21 million satoshis does not really sound that bad, even talking about somewhere between 1 million and 10 million satoshis might not sound bad after this next upcoming cycle...so I suppose get your 0.21BTC while you still can peeps and if you can work towards higher numbers that's fine too.. do what you can in order to feel moar better at later times.

Buddy breaker! Where the hell is everybody?  Cool

I think if ever I were to agree to meet a WOer in real life, to check that they really are who they say, I would ask them "What is ChartBuddy, how often, and at what time to within the nearest minute?"

If they can't answer those three questions, they're a fake and are most likely after your stash.

Well, I am glad you said something because now I know the answer.  But I would have just said we breaks up the walls and walls of JJG posts.  And sometimes a few in a row at night.

For some strange reason, I am wondering what forum beneficial purposes would be served by breaking up any of my imaginary post walls to the extent that they might exist beyond the imagination of some peeps and their inabilities to appreciate the role of the scroll wheel if that might be helpful to achieve some kind of a similar objective.

I think we should ask theymos to implement a feature, where you can select to have all your old posts deleted after an X period of time. Or better yet, after a certain amount of the price rising, e.g. delete all posts that were posted when BTC was worth 100x less then it is now.

I don't know about the member driven selection of an automatic deletion feature, but surely some members have chosen to go back and delete their posts, and surely some members have been quite aggressive about it.  Surely, we know that some members have changed their user-names too in connection with concerns about their prior posts or concerns that they had ended up being targeted in real life.  Personally, I don't feel any need to delete my old posts, and I have not deleted any - and most of the times when I edit any posts it is within an hour or so of posting (fix some things).. but surely every once in a while I have edited some posts that were a few days old.. but mostly in order to attempt to make them more understandable rather than to remove personal information.

Many of us have made efforts to be somewhat amorphous in terms of the information that we post.. so I might be able to say, "if I were to have 1,000 BTC, then x, y z might be applicable to me."

For sure, there are some difficulties in sharing information if few or no specifics are provided, and even the kinds of examples in regards to the number of BTC that equals something like $5k investment or a $10k investment or even a $20k investment that we might use in 2021 may well be different than the kinds of examples that we had used in 2014/2015-ish.

For example, the other day, I used an example of investing $20k, and how reachable something like a $20k investment might be for many people.. so in 2015, $20k could have gotten you around 80 BTC for a decent amount of time, when BTC prices were in the mid-$200s.. but even some folks might not have spent the whole year accumulating up to $20k and then might have made mistakes.. so even if they had been reasonably able to accumulate $80k with a decently aggressive strategy, many people have chosen NOT to be so aggressive, and still might have been able to acquire something like 20 BTC.. but then have they been able to hang onto those BTC is quite another question / practice that challenges a lot of us.

Another thing that frequently happens is that there are guys touting BTC strategies to time the market and bullshit like that, and so sometimes we can use their forum registration date or some other information that they had provided regarding how long that they had supposedly been in bitcoin, and then refer to the DCA.com website in order to compare various modest to aggressive strategies of DCA and to cause them to acknowledge whether or not their touted strategy would have been so sound as to be able to beat the performance of a ongoing DCA strategy - whether such strategy had been modest or more aggressive.

Some of us guys might have also come to realize such benefits of an ongoing dollar cost averaging strategy after making quite a few mistakes along the way.. and of course, even removing coins from exchanges or assuring your own securing of coins strategies might cause ONLY  small portion of your overall BTC holdings to actually be flowing through exchanges or other third parties... which reminds me of risks that also might come from trying to earn cashflow (or interest) by putting your BTC with various third parties.. and there remains a considerable amount of personal discretion regarding how much BTC (if any) might be used in that kind of way. - especially when a pure HODLing strategy has tended to perform quite well relative to the dollar - especially zooming out in longer time-horizons and perhaps there can be some realization that bitcoin is already designed to pump forever, and it is not worth the risk to gamble with BTC principle by holding much if any with any third parties who may well end up running off with your BTC or there may well be other risks in keeping BTC with them, including if you have failed/refused to properly read their terms..and could end up losing your BTC through those kind of ignorance-laden (or would it be greed-laden?) ways, too.
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November 30, 2021, 06:01:34 PM


Explanation
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November 30, 2021, 06:12:09 PM
Merited by JayJuanGee (1)

I was leaning on the idea that @jack was a bleeding heart idealist type, and he was the one responsible for the corporate "censorship" Twitter has performed along with the other centralized social media platforms.

But I may have been wrong.  He may have been holding back the floodgates...

What the actual $%#$ is "Content Health"?  Never mind.  You can tell by it's choice of words EXACTLY the lines this asshole is going to draw.



Good grief.  This is going to be quick...



Told ya couple pages earlier Jack is not going because he wants. He is going because he have to. He was not censoring enough for the globalist agenda. When you opted out of the Matrix it's very easy to see all the false flags, fake news and other shit mass media is telling us it's the truth.

My Matrix started shaking after 9/11. But I opted out when they started hunting elected presidents of arab countries and telling us it's for democracy. While at the same time do all the fake Terror attacks in Europe and blame it on a whole religion. But the zombies ate that and now the same zombies eating the plandemic.
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November 30, 2021, 06:24:58 PM

One word of advice.

Its a goddamn bot.
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