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

[adamstgBit]

Stamp seems quite solid at 382$ at the moment. Maybe we are now laying on the bottom for awhile and then head up? Most of the indicators look quite hopeful, macds lining up quite nicely in all timescales and so on.

pretty sure we are setting up to break 390 again, maybe for good this time. things look good, feels like only a matter of time till we see some violent movement and in the right direction  

i plan to sell at 460-480,  and cover that short at 420ish

[img]

The market has been way too boring in the last few days indeed. The volume is drying up and every charts including the magic indicators are getting really close to flat / neutral.
So, I agree it must break out into one direction or the other soon. However, I am far from certain of that direction. It should go up for several reasons but that means it probably won't.

its really hard to say.

if everything thinks price has to go one way or the other and SOON, then i'm starting to think it wont move for a while longer  

[1715037958]

1715037958

[1715037958]

1715037958

[adamstgBit]

387 . https://www.youtube.com/watch?v=xaV1-YC11yk

[adamstgBit]

lol we arent going anywhere price is rock solid




later mofos

[btcbeliever]

Canada listened to Andreas and made me almost believe in elected representation.

NY didn't.

Except those guys were not elected...

Appointed lifetime trough swillers.

face it canadians are just cooler poeple.

Except that Canada has no 2nd amendment protections.  No legal firearms  to defend against tyranny and criminals, only guns for the criminals and govt.

[Wary]

The degree of uncertainty in future price predictions is too high to make either judgement.  A second-order model treats epistemic uncertainty as an overlay to stochastic uncertainty, but there is no generally recognized quantitive analytic methodology for valuation under conditions of epistemic uncertainty.  It would be a wonderful topic for a Ph.D. thesis in behavioural economics.

Everyone knows that dragons don’t exist. But while this simplistic formulation may satisfy the layman, it does not suffice for the scientific mind. The School of Higher Neantical Nillity is in fact wholly unconcerned with what does exist. Indeed, the banality of existence has been so amply demonstrated, there is no need for us to discuss it any further here. The brilliant Cerebron, attacking the problem analytically, discovered three distinct kinds of dragon: the mythical, the chimerical, and the purely hypothetical. They were all, one might say, nonexistent, but each nonexisted in an entirely different way. (c) 

[greenlion]

We simulate the trading strategy described
above on a third of total data in the duration of May
6, 2014 to June 24, 2014 in a causal manner to see how
well our strategy does.

What a remarkable coincidence to have picked a range of dates where even random trades would've likely been profitable.

[JayJuanGee]

Canada listened to Andreas and made me almost believe in elected representation.

NY didn't.

Except those guys were not elected...

Appointed lifetime trough swillers.

face it canadians are just cooler poeple.

Except that Canada has no 2nd amendment protections.  No legal firearms  to defend against tyranny and criminals, only guns for the criminals and govt.

That's NOT a bad thing.  2nd amendment is overrated, anyhow.   

[explorer]

Canada listened to Andreas and made me almost believe in elected representation.

NY didn't.

Except those guys were not elected...

Appointed lifetime trough swillers.

face it canadians are just cooler poeple.

Except that Canada has no 2nd amendment protections.  No legal firearms  to defend against tyranny and criminals, only guns for the criminals and in govt.

Better stated this way

[JorgeStolfi]

Canada listened to Andreas and made me almost believe in elected representation.
NY didn't.

Except those guys were not elected... Appointed lifetime trough swillers.

face it canadians are just cooler poeple.

Except that Canada has no 2nd amendment protections.  No legal firearms  to defend against tyranny and criminals, only guns for the criminals and in govt.

Better stated this way

Wow, are we witnessing the birth of another Off Topic Unending Debate? 

[explorer]

Canada listened to Andreas and made me almost believe in elected representation.
NY didn't.

Except those guys were not elected... Appointed lifetime trough swillers.

face it canadians are just cooler poeple.

Except that Canada has no 2nd amendment protections.  No legal firearms  to defend against tyranny and criminals, only guns for the criminals and in govt.

Better stated this way

Wow, are we witnessing the birth of another Off Topic Unending Debate? 

Haven't seen any debating yet.  Just a listing of facts, so far.

[ChartBuddy]

Explanation

[Davyd05]

http://www.rcmp-grc.gc.ca/cfp-pcaf/faq/index-eng.htm

[Raystonn]

I am going to start using the term "bits" from now on when quoting prices.  I agree with Gavin.

Price is currently about $0.000387 per bit.  Let's go for bit-dollar parity! 

[KFR]

I am going to start using the term "bits" from now on when quoting prices.  I agree with Gavin.

Price is currently about $0.000387 per bit.  Let's go for bit-dollar parity! 

+1   

[Raystonn]

Cryptocurrencies are meant to allow payments that governments (and banks, which can be conflated with them)  cannot see, block, divert, or undo.

In your mind maybe.  You don't get to speak for any cryptocurrency developers.  We can speak for ourselves thanks.

That is not explicit in Satoshi's paper, but seems to have been a basic assumption by most of the crypto fans, especially the most ardent ones. (Reducing credit card fees is not something that would get people that excited about, is it?).

Most cryptocoins seem to be designed and supported with that goal in mind.  Some bitcoiners are even adopting other coins because they do not see bitcoin as sufficiently robust in that regard.  Few coins, if any (Ripple perhaps? I don't  know about it)  are designed to allow the same level of control that governments now have on bank transfers.

Bitcoiners are a broad church and you, especially you, don't get to speak for all of us.  Stop trying to paint Bitcoin as a political tool invented by political extremists.  YOU are the bloody extremist here, prof.  Bitcoin is a technology.  Like Bittorrent.  Like the Internet.  Like electricity.  Like guns.  Like fire.  Some people use it to make things; others to break and/or take things.  Some people just sit at the sidelines hurling abuse and shouting "heresy" right up to the point where they're drowned out by the sound of change inexorably passing them by.

You're not a skeptic; you're an intellectually dishonest, disingenuous shit-slinger with absolutely nothing worthwhile to contribute to this conversation.  

BTW, been meaning to tell you something...
You rock.

[ChartBuddy]

Explanation

[fonzie]

Bid support on Stamp looks solid.

2000BTC to 380$
5000BTC to 370$

Huobi

14000BTC to 2300CNY
lol

Conclusion:

Breakout imminent!

 

[JorgeStolfi]

Bitcoiners are a broad church

Well, if you say so...  

Some people just sit at the sidelines hurling abuse ... you're an intellectually dishonest, disingenuous shit-slinger with absolutely nothing worthwhile to contribute to this conversation.  

Indeed...

[Adrian-x]

I am going to start using the term "bits" from now on when quoting prices.  I agree with Gavin.

Price is currently about $0.000387 per bit.  Let's go for bit-dollar parity! 

The next parity target is 1bit = 1USDbit (12.5c)

[derpinheimer]

Bid support on Stamp looks solid.

2000BTC to 380$
5000BTC to 370$

Huobi

14000BTC to 2300CNY
lol

Conclusion:

Breakout imminent!

 

LEVERAGED LONGS! (Do not recommend buying >$500)