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

[Lucius]

“Bitcoin just shows you how much demand for money laundering there is in the world,” Fink, the head of the largest asset management firm in the world, said at an Institute of International Finance meeting. “That’s all it is.”

https://www.cnbc.com/2017/10/13/blackrock-ceo-larry-fink-calls-bitcoin-an-index-of-money-laundering.html

Someone smart once said, "Be careful what you wish for, because it might come true."

[philipma1957]

.... breakout!

Have not played that game in so very long.

[AbuBhakar]

It feels a lot like the market has turned around and is back on the way up. The correction from $30K seemed necessary as you can’t go straight up without gathering an unhealthy amount of leverage. I think we’ll soon be testing the $30K level again. Still no reason to doubt ending the year above $40K.

Dunno, the chart below is the default moving average chart on Binance. TA is a self fulfilling prophecy which means that correction just started and the current price movement only show that a pump to 28K is required to retest MA line to correct more.

I want a more dip correction to shake off more weak hands rather than weak correction that will always gonna shake off again once the 30K level  hit. I want to see the price sideways on 26K area for a long time then hard AF green dildo to 30K above.

What you want, and what king daddy gonna do may well be two different stories.

In udder wurds:

Best to prepare for a variety of scenarios rather than getting worked up whether the price might go up or down in the short term, when it is a 50/50 call at best in the best of circumstances, and currently there is not really any way to expect "down before up" or that the correction that we just had is all of the correction that you are going to get.

In udder wurds:

Too bad you sold too many coins too soon, you expecting down that might not happen, and maybe, in order to commensurate, join forces with Philip and hope that he may well have sold more than you did and even at lower prices that you did.


 

Shouldn't be selling coins when we are largely at historically low prices, and if you do sell some, it is better NOT to be expecting the price to go down because you may or may not be able to buy them back cheaper or even at the price in which you sold them, whatever that might have had been.

I just remember this post of mine again after seeing this thread on my show new replies tab. My price speculation that time plays well according to my prediction and I manage to bag more Bitcoin when price dip on the price area that I’m waiting since I made this post.   

[cafter]

Have not played that game in so very long.

i am talking about high volatility after breakout and to profit from it, or loss.

[sirazimuth]

OT alert....

Great mullein (AKA Indian Toilet Paper) decided to take residence next to the new garage.
It's probably the only weed that pollutes proliferates on my property that I like.
Well, except for that other weed I sow and reap every year of course.



Oh yeah, it's Sunday...

This here Great mullein
Indian toilet paper
Likes Excavated soil

oops

[Who is John Galt?]

I hold my bitcoin on a vintage Windows 95 laptop that's never been connected to the intertoobz,
buried in the Sahara desert somewhere, with a hexidoginal (or wtf that term is) 48 word passphrase. Because security.
Fuck knows how I'm gonna cash it out. I'll cross that bridge when I come to it.

So you lost it in a Sahara desert accident?

Yeah, I was boating down the sand dunes.
Got pulled over by some camel cruiser dude with a towel on his head.  It was a ... ok that's enough of that story... opsec, etc.

I still feel so bad,
Sahara sands is the place
My bitcoins were lost.

[ivomm]

https://coingape.com/us-house-chair-warns-gary-gensler-after-sec-calls-spot-bitcoin-etf-filings-inadequate/

It is too good to be true, but there are unconfirmed rumours that Gary will resign next week.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[xhomerx10]

OT alert....

Great mullein (AKA Indian Toilet Paper) decided to take residence next to the new garage.
It's probably the only weed that pollutes proliferates on my property that I like.
Well, except for that other weed I sow and reap every year of course.



Oh yeah, it's Sunday...

This here Great mullein
Indian toilet paper
Likes Excavated soil

oops

 You'd best cultivate a bunch of that weed as well for the next pandemic. edit: oops forgot it was sunday



edit:
 You'd best cultivate
 Gardens of that weed as well
 For the next great scourge

[AlcoHoDL]

Weak hands sold... Red dick.
Absorbed nicely by their ass.
I just pity them!

#weakhandsbouncehaiku

[Biodom]

social media reports about G. Gensler...a bit too early to say if true or not:

https://www.reddit.com/r/Bitcoin/comments/14oqwut/sec_sources_confirm_gary_gensler_resignation/

https://www.reddit.com/r/Bitcoin/comments/14oo8c9/an_anonymous_official_from_the_securities_and/

"knock" around, find out
but bitcoin hodlers just laugh,
in bewilderment

#"regulatory"haiku

[Who is John Galt?]

Weak hands sold... Red dick.
Absorbed nicely by their ass.
I just pity them!

#weakhandsbouncehaiku

Weak hands dropped bitcoins,
Sahara is hodler now,
Desert has strong hands.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[HI-TEC99]

OT alert....

Great mullein (AKA Indian Toilet Paper) decided to take residence next to the new garage.
It's probably the only weed that pollutes proliferates on my property that I like.
Well, except for that other weed I sow and reap every year of course.



Oh yeah, it's Sunday...

This here Great mullein
Indian toilet paper
Likes Excavated soil

oops

 You'd best cultivate a bunch of that weed as well for the next pandemic. edit: oops forgot it was sunday

...

Just buy one of these instead.

[Copetech]

Just buy one of these instead.

A Shitty Wheel Spins
Knocking my low-hanging bits...
I shudder to think.

#shittyhaiku

EDIT:

A Shitty Haiku
Written while on the Shitter
Divine Inspiration!

It came out Okay
After all things considered.
Butt, now I Must wipe!

#shittyhaikuelaborated

[HI-TEC99]

Just buy one of these instead.

A Shitty Wheel Spins
Knocking my low-hanging bits...
I shudder to think.

#shittyhaiku

No need to worry about your low-hanging bits. It automatically raises and lowers.

[Biodom]

OT: Did Elon just effectively shut down Twitter? I can't reach any of the tweets I want to see. Is this somehow France-related?
Alternatively, if he wants to make it a closed little pond, good riddance.

[Copetech]

Just buy one of these instead.

A Shitty Wheel Spins
Knocking my low-hanging bits...
I shudder to think.

#shittyhaiku

No need to worry about your low-hanging bits. It automatically raises and lowers.

I fix machines that break.
Always worry about the low-hanging bits!

[philipma1957]

elon limited
tweets for your reading bout six
whats next limit air


hmm maybe they are working on air limits.
another fucking day the air is too much for my asthma.
So I am in a well filtered house.
I go to a well filtered car
into a well filter store
back to my well filtered home.

my sixth life time haiku

[Learn Bitcoin]

OT: Did Elon just effectively shut down Twitter? I can't reach any of the tweets I want to see. Is this somehow France-related?
Alternatively, if he wants to make it a closed little pond, good riddance.

It seems good to me.
One of my friends from Marseille confirmed it's good for him as well.
Maybe it's your ISP?