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

[ChartBuddy]

Explanation

[conspirosphere.tk]

There is another way to evade this risk, and it's to spread your investment money over many different assets, but how many of you do that?

assets like what? stocks? bonds? real estate? in any western rotten country? lol

I'm like 80% in btc all the time. The rest in gold and silver. But not because i'm sure that it can just go up, but because it's the last frontier of private property and the only tool with a chance to free from the matrix of b/s of fiat money + gov. So if practical anarchism gonna fail I'll happily go down with the ship as I already did in the past. But I'm open to diversify a bit into something physical and meaningful in some emerging place where to relocate myself at the next boom.

[Davyd05]

Might help if everybody in Greece paid there taxes instead of running to the IMF every two minutes and the Troika said recently your still not paying them.Thats it blame everybody but yourselves

yeah it'd be nice if their government didn't buy toxic debt from the states...debt probably bigger than the tax revenue.. ever would've been.. and this is just all me talking shit of the top of my head zero facts to back it up.

[JayJuanGee]

Hey billy well played sticking to your guns.

Thanks. I think $320 is a false bottom. Even if it is the bottom, it will be tested several times so there is no need to jump on the train the first time. Don't expect help from the BearWhale's millions above $300.

For those of you who say you're holding no matter what- why are you watching the charts? Do you enjoy pain? Let me spare you the suspense: It's prolly gonna creep up enough to give what-ever's left of the permabulls and the naive a false sense of security, and then we're gonna hammer you again.

I'm going to keep using this one on all the trolls

BJA - is acting as if he is some big shot whale and that he represents some kind of superior class, and even if he did make one good call to sell high and to buy low, who gives a flying fuck?  NOW, he is here trying to get people to follow his lead and to dump.  Hopefully BJA will NOT get too greedy and lose his shirt - like he seems to have done during many times in the past when he disappeared from the forums.

Seems to make him a bigger loser that he seems to attempt to use these forums to his trading pleasure and to attempt to benefit from persuading others to follow his stupid-ass lead.  Sad, but true.   

[Davyd05]

JJG - Perhaps that is what Billy is doing. I saw it as him being open with his position for the most part, I don't see how he's acting like a big shot...but we're all just shouting shit at a wall ..how come we're so out to get him cause he was right? It may have been total luck with the Chinese FUD bomb..but still he was right? Again I hope you and others wouldn't swap positions solely because he was right in this time frame.

[billyjoeallen]

It's not a tide, BitChick. It's a repeating pattern. Crash, bounce, pause, Spike, 2nd bounce higher up and then the long slow painful period of deterioration leading to the next crash. That's the period we are in now. There is a hell of a lot of money to be made on the way down if you recognize the pattern. That's money you can use to get you through until the next bull market or to buy more coins.

Wait a couple of days until it seems like the dumbest possible time to sell and then short the fuck out of this market. Then....wait and wait and wait. Don't cover until you get close to $320. Play the bounce if you want to but dump again because it's near $270 where the real battle will take place if there is one. If there isn't, then wait for the bounce, don't fall for the pause, short the spike cover on the second bounce and try to sell near the apex.

Each time the pattern repeats, it gets flatter, so with diminishing returns each time to whoever is doing this, eventually we can front run him or her (prolly bots) to the point where it's not profitable anymore. The trick will be so well known that the demand for coins to play along will end the bear market and...eventually moon.

[coins101]

So, when you see the changes in Greece in the last years you see two things at the same time: the 'washington treatment' and the 'austerity package'.

Re Greece, recommended:

http://m.foreignaffairs.com/articles/142196/pavlos-eleftheriadis/misrule-of-the-few

Explains so much, including why we will all be in the Greek situation soon.

Err, bullocks.

We will only be in the Greek situation soon, if we enjoy eating big meals and sleeping at lunchtime more than grabbing a quick bite while punching away on the pc.  Then there is the issue of the majority of the people paying taxes vs. spending the taxman's portion on said big lunches.

[JayJuanGee]

LOLOLOLOLOLOL

Where'd you dig that up from? Spend hours dredging through my post history? Get a life, noob.

Hahahahaha

I don't usually make predictions and you can see why.

Obviously thoughts of an ATH by mid-summer were a little premature, despite being the majority opinion here at the time.

Did you notice I used the words "probably" and "possibly"? Just in case English isn't your first language, the words mean that I wasn't saying we would reach the suggested prices, but rather that I was speculating that we may have been on the way to reaching them.

While most of us may have been a little ahead of ourselves at that time, don't completely discount the possibility of reaching 5 digits some time next year, possibly even by next May.

I'll give you the benefit of doubt and assume you're just a bumbling noob and not another ridiculous troll.

LOLOLOL

 

Dude, seriously. Podyx just criticized my assessment on the market earlier when I was roughly 60 cents off. You, by contrast, were thousands of dollars off. That's worthy of repeat shaming. I mean, geez, if 60 cents gets a comment... thousands of dollars... sorry, but really?

Reading comprehension not that great?

I didn't say that bitcoins would be worth thousands. Echoing the popular sentiment of the time (seven freaking months ago), I suggested the possibility/probability of that happening.

My post was more about some foolish noob digging up some obscure ancient post to use as a "rebuttal" to my post about accumulating. Sigh.

My ignore list is very short, just 2 extremely obnoxious and arrogant cretins, and despite your obvious troll attempts in the past, I hadn't considered putting you on it, but you're wearing my patience thin.

I'll say the same thing I told the noob who apparently wasted a great deal of time (or was extremely lucky) sifting through my post history to try to find something they could call me on...

Get a life.

Don't let them get to you Jimbo.

The trolls out number regular folks by at least 3 to 1.   

Some of them are just more egregious than others in their contents and worthiness of our attention.


Your initial response was very good to give the benefit of the doubt to the noob - however, NOT Notporkchop, had been quoting some variation of your previous prediction - after nearly every time you posted... but who the fuck cares that NOT Notporkchop does NOT have a life, and then some noob trolls jump on board to quote and to get you to read it....  The noob had NOT done any research, but just jumped on the NOT Notporkchop bandwagon.    but whatever, who cares... except that it distracts us from other potentially more meaningful discussion regarding bitcoin and quasi-related non-troll topics.       

[NotLambchop]

FTFY

[samsonn25]

looks like he is sucking Dick

[NotLambchop]

looks like he is sucking Dick

Bitcoining ain't pretty.  It's not even SFW

[mrkavasaki]

damm i miss the old bitcoin days
where I could make $2k a day

[JayJuanGee]

Here we are shitting bricks about bitcoin and oil is doing similar and getting bearish outlooks like this https://www.tradingview.com/v/oIgB9dwG/



man I aint even going to sweat it anymore... Blitz is totally right about getting diversification of assets in order, especially when you're riding huge unlocked in profits from a crypto that is still in price discovery.

Yeah, sure diversification is great and also NOT investing more than you can afford to lose is great too.

NOW does NOT seem to be the time to be selling BTC in order to accomplish those kinds of objectives - however, each of us should feel free to come to our own conclusion(s) regarding when to diversify and how much based on our views, or risk profile, our assets, our already level of diversification, our timeline, etc.

[Newbie1022]

LOLOLOLOLOLOL

Where'd you dig that up from? Spend hours dredging through my post history? Get a life, noob.

Hahahahaha

I don't usually make predictions and you can see why.

Obviously thoughts of an ATH by mid-summer were a little premature, despite being the majority opinion here at the time.

Did you notice I used the words "probably" and "possibly"? Just in case English isn't your first language, the words mean that I wasn't saying we would reach the suggested prices, but rather that I was speculating that we may have been on the way to reaching them.

While most of us may have been a little ahead of ourselves at that time, don't completely discount the possibility of reaching 5 digits some time next year, possibly even by next May.

I'll give you the benefit of doubt and assume you're just a bumbling noob and not another ridiculous troll.

LOLOLOL

 

Dude, seriously. Podyx just criticized my assessment on the market earlier when I was roughly 60 cents off. You, by contrast, were thousands of dollars off. That's worthy of repeat shaming. I mean, geez, if 60 cents gets a comment... thousands of dollars... sorry, but really?

Reading comprehension not that great?

I didn't say that bitcoins would be worth thousands. Echoing the popular sentiment of the time (seven freaking months ago), I suggested the possibility/probability of that happening.

My post was more about some foolish noob digging up some obscure ancient post to use as a "rebuttal" to my post about accumulating. Sigh.

My ignore list is very short, just 2 extremely obnoxious and arrogant cretins, and despite your obvious troll attempts in the past, I hadn't considered putting you on it, but you're wearing my patience thin.

I'll say the same thing I told the noob who apparently wasted a great deal of time (or was extremely lucky) sifting through my post history to try to find something they could call me on...

Get a life.

Don't let them get to you Jimbo.

The trolls out number regular folks by at least 3 to 1.   

Some of them are just more egregious than others in their contents and worthiness of our attention.


Your initial response was very good to give the benefit of the doubt to the noob - however, NOT Notporkchop, had been quoting some variation of your previous prediction - after nearly every time you posted... but who the fuck cares that NOT Notporkchop does NOT have a life, and then some noob trolls jump on board to quote and to get you to read it....  The noob had NOT done any research, but just jumped on the NOT Notporkchop bandwagon.    but whatever, who cares... except that it distracts us from other potentially more meaningful discussion regarding bitcoin and quasi-related non-troll topics.       

Oh God. One village idiot talking to the next. Jesus Christ. I'll sell you both a few BTCs for a super low discount price of $1000000000000000000 if you'll just pipe down over there.

[adaseb]

No the reason why its going down is due to LTC selling. Which always accelerates BTC declines.

[ChartBuddy]

Explanation

[JayJuanGee]

JJG - Perhaps that is what Billy is doing. I saw it as him being open with his position for the most part, I don't see how he's acting like a big shot...but we're all just shouting shit at a wall ..how come we're so out to get him cause he was right? It may have been total luck with the Chinese FUD bomb..but still he was right? Again I hope you and others wouldn't swap positions solely because he was right in this time frame.

I don't have any resentment regarding him being right and/or lucky and/or skillful in his trading.  I do have some resentfullness regarding his calling people names and implying that he is superior.. which he obviously does and he has been engaging in these kinds of my shit doesn't stink posts for a long time.

He has already admitted several times that he uses this thread as a means to attempt persuade others to buy or sell BTC in line with his position, and I find that irritating.

He is NOT being honest and genuine with his information b/c frequently he is trying to get people to sell (when it may well NOT be in their interest to sell)...

surely, he is correct that if all BTC investors who follow this thread were able to pool together their buy and sell strategies, then we would have a major effect on the price of bitcoin and the movement of the market - but you know as well as me, that we are NOT going to get much if any cooperation in a public thread regarding when to buy and when to sell, and in the end, any coordinated effort is NOT going to work  - especially in  a public thread.

In the end, I find his tactics very irritating  - even though a large number of posters  and readers of this thread do see through his various bullshit and bragging and attempts at gaining credibility.. by describing how smart he is (supposedly).

[8up]

just my 2 satoshis

personally i lean towards no. II


i am sure people will tell me, this is no valid TA. it's not meant to be one. just nice lines and waves that fit my worldview

[Newbie1022]

Please don't make any comments to JJG... it is like when a tiger is in the room... just don't move. However, instead of getting eaten, here, we will be bombarded with walls of grammatically defective and incoherent text. Just shoot me now and put me out of my misery.

[jonoiv]

just my 2 satoshis

personally i lean towards no. II


i am sure people will tell me, this is no valid TA. it's not meant to be one. just nice lines and waves that fit my worldview

somewhere between 1 and 2