Wall Observer: BTC/USD Price Tracking and Discussion 2.0 (Unmoderated)

[drbrockcoin]

Thought I would comment here to say so far this is the best WOC (Wall Observer Coin) and none or next to no moderation is the best way. If you are so affected by what people say because you dont agree with it or it offends you then being on a forum is not the place to be. And with regards to posts only being about Bitcoin I think that is a fair point BUT there is no reason why we cant have two main Walls. One such as this for every opinion and discussion including bitcoin/alts/racism/joking around and a technical analysis wall that is moderated to keep only Bitcoin discussion and analysis in the forum.

[mymenace]

Bitcoin against the bears, you cant touch this....






incoming pennant

[Last of the V8s]

Wall Observer Coin

lol and largely agreed

^ref your earlier discussion - how to get (back) into bitcoin - and the advice you were given - dollar cost averaging - thought this might amuse/interest you/all/some: http://trilema.com/2017/the-universal-plan-for-wealth/

my main takeaway for the purposes of this thread -
it's incredibly goddamn bullish - a kid scrapes together $20k worth of btc now ... puts in some not very hard work ... is a wealthy man in ... ?several years' time.
20k becomes what 200mil? in today's terms

i'd bet most of us want to believe roughly that sort of growth for the price, even if my definition of wealthy is an order of magnitude more than the next guy's

if we are right, then the dollar will decline so sharply at some - nearish-by - point
that dollar-cost averaging will no longer be a way in to bitcoin for the average working stiff

[leowonderful]

Wall Observer Coin

lol and largely agreed

^ref your earlier discussion - how to get (back) into bitcoin - and the advice you were given - dollar cost averaging - thought this might amuse/interest you/all/some: http://trilema.com/2017/the-universal-plan-for-wealth/

my main takeaway for the purposes of this thread -
it's incredibly goddamn bullish - a kid scrapes together $20k worth of btc now ... puts in some not very hard work ... is a wealthy man in ... ?several years' time.
20k becomes what 200mil? in today's terms

i'd bet most of us want to believe roughly that sort of growth for the price, even if my definition of wealthy is an order of magnitude more than the next guy's

if we are right, then the dollar will decline so sharply at some - nearish-by - point
that dollar-cost averaging will no longer be a way in to bitcoin for the average working stiff

That's actually going to be pretty good for Bitcoin if the dollar declines as it could actually be used for daily transactions, assuming SW and Lightning get implemented. Good thing I already have my foot in the door and don't buy as much as I used to.

[Le Happy Merchant]

I believe we are about to break up.

[micalith]

I believe we are about to break up.

http://imgur.com/a/13qZ4

we just broke up. No idea what the odds of it being a false breakout might be though

[FractalUniverse]

Its starting to look pretty bulish. Still needs to be confirmed by breaking 1 or 2 resistances above+perhaps retest, but it already looks like bears are running away from the fight

[NUFCrichard]

Its starting to look pretty bulish. Still needs to be confirmed by breaking 1 or 2 resistances above+perhaps retest, but it already looks like bears are running away from the fight

Up over 8% today, yes it looks quite bullish!
It has been in a corridor for a little while now, the price has been very volatile inside this $2200 to $2600 range, but it hasn't broken out for a while.

I think we might see a break out on the upside in the next day, then... ATH?

[LFC_Bitcoin]

Its starting to look pretty bulish. Still needs to be confirmed by breaking 1 or 2 resistances above+perhaps retest, but it already looks like bears are running away from the fight

Up over 8% today, yes it looks quite bullish!
It has been in a corridor for a little while now, the price has been very volatile inside this $2200 to $2600 range, but it hasn't broken out for a while.

I think we might see a break out on the upside in the next day, then... ATH?

I like your thinking, would be amazing if we could break upwards towards $3000. It's long over due.

[TeeBone]

Yesssss !

Poppin' wine bottles this week  

[HI-TEC99]

Its starting to look pretty bulish. Still needs to be confirmed by breaking 1 or 2 resistances above+perhaps retest, but it already looks like bears are running away from the fight

Up over 8% today, yes it looks quite bullish!
It has been in a corridor for a little while now, the price has been very volatile inside this $2200 to $2600 range, but it hasn't broken out for a while.

I think we might see a break out on the upside in the next day, then... ATH?

I like your thinking, would be amazing if we could break upwards towards $3000. It's long over due.

It was very close to $2600 at bitstamp earlier on, and it will take buying less than 300 coins to get there. If we can get above $2600 and stay above it for a few days then maybe the dip is over and a break out to $3000 could be possible. I'll keep an open mind though, I still think it could continue range bound for another few weeks.

[DonQuijote]

Are there only 2? moderated and unmoderated?

[HI-TEC99]

Are there only 2? moderated and unmoderated?

No, there's four that I know of besides the original. Unmoderated, Phoenix Revision, Anarchy, and Reloaded. There could also be a few more I missed. Phoenix Revision and Anarchy are moderated, the other two aren't. Anarchy has 'light touch' moderation, and Phoenix Revision is stricter.

Wall Observer: BTC/USD Price Tracking and Discussion 2.0 (Unmoderated)


WALL Observer : BTC/USD price tracking and discussion (Phoenix Revision)


Wall Observer BTC/USD - Bitcoin price tracking&discussion (Anarchy)


Wall Observer Reloaded - Bitcoin price tracking & discussion

[Icygreen]

Geez, if that's what the Bitcoin forum does in a fork, what can we expect of bitcoin? Voting for pulling our shit together in the forums! (short term forecast)
Just now dipping back below the downward trend line. Still not feeling the pulse.

[TeeBone]

Backtesting a broken trendline is very normal. Think we're starting our next leg up..

[drbrockcoin]

Wall Observer Coin

lol and largely agreed

^ref your earlier discussion - how to get (back) into bitcoin - and the advice you were given - dollar cost averaging - thought this might amuse/interest you/all/some: http://trilema.com/2017/the-universal-plan-for-wealth/

my main takeaway for the purposes of this thread -
it's incredibly goddamn bullish - a kid scrapes together $20k worth of btc now ... puts in some not very hard work ... is a wealthy man in ... ?several years' time.
20k becomes what 200mil? in today's terms

i'd bet most of us want to believe roughly that sort of growth for the price, even if my definition of wealthy is an order of magnitude more than the next guy's

if we are right, then the dollar will decline so sharply at some - nearish-by - point
that dollar-cost averaging will no longer be a way in to bitcoin for the average working stiff

That's actually going to be pretty good for Bitcoin if the dollar declines as it could actually be used for daily transactions, assuming SW and Lightning get implemented. Good thing I already have my foot in the door and don't buy as much as I used to.

Good read V8. Funnily enough I actually own a house in the UK (but currently living in the Philippines) which I have been recently thinking should I sell and invest some of the proceeds into bitcoin. I get a steady rent income from it sure but that is not as much as returns I would get from BTC. Problem is it is a lenghy process of selling a house in the UK but with current house prices I should come out with £130,000 should I decide to sell. Of that my plan would be keep £100,000 in various banks as I$I$Coins in case house prices collapse so that I can buy property back, use 10,000 as living expenses for a year or so here in Asia and invest 20,000 in cryptos (mainly BTC for long term HODL) and maybe 5k for trading with.

Anyway its something I got to think about seriously.

[savetherainforest]

Wall Observer Coin

lol and largely agreed

^ref your earlier discussion - how to get (back) into bitcoin - and the advice you were given - dollar cost averaging - thought this might amuse/interest you/all/some: http://trilema.com/2017/the-universal-plan-for-wealth/

my main takeaway for the purposes of this thread -
it's incredibly goddamn bullish - a kid scrapes together $20k worth of btc now ... puts in some not very hard work ... is a wealthy man in ... ?several years' time.
20k becomes what 200mil? in today's terms

i'd bet most of us want to believe roughly that sort of growth for the price, even if my definition of wealthy is an order of magnitude more than the next guy's

if we are right, then the dollar will decline so sharply at some - nearish-by - point
that dollar-cost averaging will no longer be a way in to bitcoin for the average working stiff

That's actually going to be pretty good for Bitcoin if the dollar declines as it could actually be used for daily transactions, assuming SW and Lightning get implemented. Good thing I already have my foot in the door and don't buy as much as I used to.

Good read V8. Funnily enough I actually own a house in the UK (but currently living in the Philippines) which I have been recently thinking should I sell and invest some of the proceeds into bitcoin. I get a steady rent income from it sure but that is not as much as returns I would get from BTC. Problem is it is a lenghy process of selling a house in the UK but with current house prices I should come out with £130,000 should I decide to sell. Of that my plan would be keep £100,000 in various banks as I$I$Coins in case house prices collapse so that I can buy property back, use 10,000 as living expenses for a year or so here in Asia and invest 20,000 in cryptos (mainly BTC for long term HODL) and maybe 5k for trading with.

Anyway its something I got to think about seriously.

As long as your house in the UK produces nothing. Its just useless!

[machasm]

Wall Observer Coin

lol and largely agreed

^ref your earlier discussion - how to get (back) into bitcoin - and the advice you were given - dollar cost averaging - thought this might amuse/interest you/all/some: http://trilema.com/2017/the-universal-plan-for-wealth/

my main takeaway for the purposes of this thread -
it's incredibly goddamn bullish - a kid scrapes together $20k worth of btc now ... puts in some not very hard work ... is a wealthy man in ... ?several years' time.
20k becomes what 200mil? in today's terms

i'd bet most of us want to believe roughly that sort of growth for the price, even if my definition of wealthy is an order of magnitude more than the next guy's

if we are right, then the dollar will decline so sharply at some - nearish-by - point
that dollar-cost averaging will no longer be a way in to bitcoin for the average working stiff

That's actually going to be pretty good for Bitcoin if the dollar declines as it could actually be used for daily transactions, assuming SW and Lightning get implemented. Good thing I already have my foot in the door and don't buy as much as I used to.

Good read V8. Funnily enough I actually own a house in the UK (but currently living in the Philippines) which I have been recently thinking should I sell and invest some of the proceeds into bitcoin. I get a steady rent income from it sure but that is not as much as returns I would get from BTC. Problem is it is a lenghy process of selling a house in the UK but with current house prices I should come out with £130,000 should I decide to sell. Of that my plan would be keep £100,000 in various banks as I$I$Coins in case house prices collapse so that I can buy property back, use 10,000 as living expenses for a year or so here in Asia and invest 20,000 in cryptos (mainly BTC for long term HODL) and maybe 5k for trading with.

Anyway its something I got to think about seriously.

I love BTC and have what I believe to be a nice healthy stash. However, to suggest that the property market might crash seems a little bit optimistic to me. I also live in the U.K. And had a property that I sold sometime back and now wish I had held on to it since it value has since tripled from when I sold it. Everyone needs a place to live so I believe that there will always be a demand for property. Only scenario I envisage where property wont be needed is if there is a mass exodus from said country and I just can't see that happening in the U.K. Within the immediate future anyway.
Returns are, for the moment anyway, far better in BTC but the volatility of it makes me quite nervous at times.
Anyway, best of luck whatever you decide and it will be interesting to see how it all pans out.

[ShroomsKit_Disgrace]

broken triangle upwards means bullish AF...doesnt it?

[rjclarke2000]

broken triangle upwards means bullish AF...doesnt it?

Looks to me like it's creeping back down but then again wtf do I know.