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

[Berk]

Probably bounce between $31,700 - $32,000. If we break this by tomorrow I see us going to around $35,000 for a while. It is whether there is enough push to get through this stubborn 32,000

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[JayJuanGee]

....

Yeah.. Nullius., you dweeb.  ....

Good ole Professor Nully has returned to bless us with his blah blah blah blah  <big yawn>

I wonder If he's still all bummed out about that cat thingy...

Hmm, still didn't get that kitty story, though it's not that important to me.
However, according to his (new) posting history, does he also qualify as the new mindrust?

Asking for a friend...  

The cat/kitten story has to do with insistently defending Lauda's reputation - especially after Lauda had already sent her fairwell message.  I am not unsympathetic towards defending Lauda - even though Nullius took such defenses to another level.

Regarding the new mindrust... I can see what you are saying... but something seems off about whether death_wish's situation would rise to that level.. and there seems to be a different kind of lesson that comes out of death_wish's situation as compared to mindrust's March 2020 situation.  

I would say that even though several of us were suggesting ways to attempt to cover his margin bets below $30k and perhaps down to $25k, it just seems too complicated to conclude that he did a mindrust - except his mindrust might have been when he set those kinds of dumbass margin orders in the first place, and death_wish did not tell us anything at the time that he had set the margin orders, but instead told that he was in a predicament when the train was about to hit him.. so a lot more difficult to know what could have reasonably have had been done to correct a situation that was already in a very precarious position by the time that the wall observer members found out about what kind of predicament he was in..  

It's similar advice that an attorney will give (or even an accountant) when a client comes to them like 6-12 months later than they should have come, and the train is about to hit them, and there is only so much that the attorney might be able to do at that time to either mitigate damages or to get the client out of a bad situation.  Surely a lot of people might realize that whatever situation that they are in is not a good one, and they know that they are dealing with a kind of dangerous fire that could end up exploding.. but they are in a kind of gambling situation. .hoping and praying that their bet will pay off.. but at some point it becomes quite clear that their bet is not paying off..

[ChartBuddy]

Explanation

[philipma1957]

buddy do your job and push us over 33000

[Ojima-ojo]

30th May seems to have some market sensation where the price touched $32k briefly before dashing down, it was the most bullish moment for a long time.

[sirazimuth]

...  I am not unsympathetic ...

Fixed that double negative for ya Jay...

[ChartBuddy]

Explanation

[AnotherAlt]

One of these doesn't look like the others.

[JayJuanGee]

...  I am not unsympathetic ...

Fixed that double negative for ya Jay...

You fuck!!!!!



You ruined every thing.

 

30th May seems to have some market sensation where the price touched $32k briefly before dashing down, it was the most bullish moment for a long time.

I cited your post in order that members can see your chart/plottenings (without having to click on it).. and really what you are saying is both unclear, but also seems to be a wee bit premature.

Sure, the BTC price got up to $32,196 about 5 hours ago (as I type this post), yet there is hardly any need to be talking about Downity, yet.

In the past 5 hours, the lowest that the BTC price has gotten has been $31,436 (which is only about 2.5% from the top), and sure the BTC price could go lower, but the punchline is that the BTC price remains towards the top of the range that seems to be pushing up..so gosh, in these here parts we are used to coilings that can bounce around 5% or more from the top, and you are talking about a 2.5% pausening as if it were meaningful in the down direction..

You must be new here.. ..... wait..

 

[death_wish]

Garsh... I think he likes me!!!

Looka all the time he spent reading through all my past drunken ramblings...

And to be so right and yet so wrong in so many aspects... it's almost like it's intentional, no? Kinda like creating a new account just so there's no personal responsibility to blemish a long standing persona here in the community. So Wright but yet so wrong... intriguing really.

Eh, you’re not so bad after all.  Though don’t get an inflated ego there.  Once you gain some forum experience, you’ll find that you can figure out much about an account in 60 seconds by skimming the beginning and end of its post history.

If I’m wrong, it would behoove you to explain where and why I’m wrong.  Though I am not inclined to debate it—I have no time for Wall Observer debates now.

Well, OK, I get that you are not a granola-munching Biden voter.  I said that to troll you, as you damn well deserved for the “wellness check”—you hippie.

I don’t want to reveal or discuss my own political opinions in general, for the same reason that Satoshi avoided overt political statements other than about Bitcoin:  Bitcoin is for everyone!  Liberals and conservatives, religionists and atheists, Commies and Nazis, Israelis and Palestinians...  Americans and Russians and Ukrainians and Chinese and...  All your best friends, and all your worst enemies...  Bitcoin can’t make world peace, cure cancer, or buy everyone a pony; but it can at least make everyone agree on one thing:  A monetary system that’s fair to everybody because it’s controlled by nobody.

[death_wish]

I should elaborate on some relevant details of how I got into that position starting in January, etc.  It will be a long post.  Will do when I am not in haste amidst other business, as now.

[death_wish]

...  I am not unsympathetic ...

Fixed that double negative for ya Jay...

Learn English.  A rhetorical double negative is not infrequently used to convey subtle shades of meaning that the simple positive does not.  For example, substituting “frequently” into the preceding sentence makes it wrong.  It is not frequently used—but it is not infrequently used, either.

And learn some ethics and basic decency.  Insulting people by taking cheap shots at their friends and loved ones is reprehensible.  If you’d had a bone to pick with TECSHARE, would you have taken a shot at dead Bruno to insult TS?  You are sick—and if he didn’t go like TS himself, you should probably pray that nully never wakes up.

I just spent the past few weeks of my life preaching ethics and basic decency to shitcoiners.  For my trouble, the day before yesterday, I was branded a “Bitcoin maxi cunt” even though I hold some altcoins, I like them, and I make no apologies for that.  It’s too bad, I do not expect any better results here.

[suchmoon]

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I think I'd prefer three pages of ChartBuddy over this multiposting dolt.

[ChartBuddy]

Explanation

[AnotherAlt]

I think I'd prefer three pages of ChartBuddy over this multiposting dolt.

You will be disappointed then. I don't think the WO gang will let it happen.

[Biodom]

...  I am not unsympathetic ...

Fixed that double negative for ya Jay...

Learn English.  A rhetorical double negative is not infrequently used to convey subtle shades of meaning that the simple positive does not.  For example, substituting “frequently” into the preceding sentence makes it wrong.  It is not frequently used—but it is not infrequently used, either.

A bit harsh, maybe, definitely not called for, imho.

As to the point in hand...it does, indeed, happen...for example in the "Billionaire" series there is one repeated key phrase: "I am not uncertain".
That was some kind of a signal between the parties involved indicating that some things are happening for sure.
It (double negative) feels like a stronger statement, but I am not sure why.

[Blue King]

During bear markets it's rare to have these large spikes of realized losses Bitcoin


https://twitter.com/therationalroot/status/1531415488290607105

[jackjjohnson]

Hi, I read here a lot, but do not speak much. This thread has the majority of advanced users, so I am asking here...
I have used public/private keys, generated locally offline from the code at https://bitcoinpaperwallet.com (public key starts with a 1).

I wish to move them to a segwit paper wallet (public key starts 3), I understand there are technical advantages (cheaper miner fees?). What's the best way to generate offline segwit key pairs? I found https://segwitaddress.org/ but have no experience with it.

Then, I assume I should just sweep them into a local wallet (I prefer Electrum), then send them to the new segwit public address. Suggestions or advice?

[ChartBuddy]

Explanation

[JayJuanGee]

I think I'd prefer three pages of ChartBuddy over this multiposting dolt.

You will be disappointed then. I don't think the WO gang will let it happen.

Well, we are getting a bit of BTC price action, so that may well end up bringing all kinds of zombies (or even previously active WO participants) back to noticing and being noticed in these here parts.  

Hard to say if it will last, though.

Hi, I read here a lot, but do not speak much. This thread has the majority of advanced users, so I am asking here...
I have used public/private keys, generated locally offline from the code at https://bitcoinpaperwallet.com (public key starts with a 1).

I wish to move them to a segwit paper wallet (public key starts 3), I understand there are technical advantages (cheaper miner fees?). What's the best way to generate offline segwit key pairs? I found https://segwitaddress.org/ but have no experience with it.

Then, I assume I should just sweep them into a local wallet (I prefer Electrum), then send them to the new segwit public address. Suggestions or advice?

I don't know the answer to your questions, but they do not seem like bad ones (double negative for anyone paying attention...  @sirazimuth, you troublemaker....  #justsaying).. I am thinking that there are better and more technical threads for those kinds of questions in the forum, though.  Maybe someone can point you in the right direction?