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

[RewFrew]

triangle broke down? RIP

Just a small dip, maybe to around 8900$ max then pullback.

Little bear trap inside bull market.

8875

What triangle are you talking about??

I Said to around 8900$.

If we dont break 8700$ then we are still very bullish, and we are 200$ above that now.

And yes i knowed that we are going to 8900$ then small zigzags between 8950$ and 9150$ For hours to reload for the big whale then go up slowly or extremly fast and broke the 9750$ resistance .

What formation is that? We are still above 8700 because the dump just started 1 hour ago. Dumps can go on for days, any real correction is a weekly trend.

You are not going to saw below 8900$ in the next hours days weeks.

And yes cant explain in deep for security reasons.  

Haha know some whales do you? I'm usually wrong... this is true. But for the inverse h & s it's just not gonna look right without some real shoulders. Bulls need to trap a few more bears here.

If we go to lets say 8000$  7500$ they will not be trapped, They are waiting there to buy.

[pacman7331]

You are not going to saw below 8900$ in the next hours days weeks.

But like i said before, if we go below 8900$ next hours then 8700$ gonna the button of this bear trap.

And yes cant explain in deep for security reasons.  

Are you working with the Bitfinex pumpers?  

Bitfinex is evil. Boycott those scam artists.

[pacman7331]

triangle broke down? RIP

Just a small dip, maybe to around 8900$ max then pullback.

Little bear trap inside bull market.

8875

What triangle are you talking about??

I Said to around 8900$.

If we dont break 8700$ then we are still very bullish, and we are 200$ above that now.

And yes i knowed that we are going to 8900$ then small zigzags between 8950$ and 9150$ For hours to reload for the big whale then go up slowly or extremly fast and broke the 9750$ resistance .

What formation is that? We are still above 8700 because the dump just started 1 hour ago. Dumps can go on for days, any real correction is a weekly trend.

You are not going to saw below 8900$ in the next hours days weeks.

And yes cant explain in deep for security reasons.  

Haha know some whales do you? I'm usually wrong... this is true. But for the inverse h & s it's just not gonna look right without some real shoulders. Bulls need to trap a few more bears here.

If we go to lets say 8000$  7500$ they will not be trapped, They are waiting there to buy.

Then it's a win/win. Yay Peace and harmony.

[RewFrew]

triangle broke down? RIP

Just a small dip, maybe to around 8900$ max then pullback.

Little bear trap inside bull market.

8875

What triangle are you talking about??

I Said to around 8900$.

If we dont break 8700$ then we are still very bullish, and we are 200$ above that now.

And yes i knowed that we are going to 8900$ then small zigzags between 8950$ and 9150$ For hours to reload for the big whale then go up slowly or extremly fast and broke the 9750$ resistance .

What formation is that? We are still above 8700 because the dump just started 1 hour ago. Dumps can go on for days, any real correction is a weekly trend.

You are not going to saw below 8900$ in the next hours days weeks.

But like i said before, if we go below 8900$ next hours then 8700$ gonna the button of this bear trap.

And yes cant explain in deep for security reasons.  

Are you working with the Bitfinex pumpers? 

I tell you that the whales get rekt again and again, so their inside informations arent working.

Its just my speculation based on informations that came from a lot of deep watching and behaviors of the biggest whale who's moving bitcoin up and down + the altcoins market for over than a month now.

And when/if this big whale change his strategy i need some time to adapt to read his new strategy.

[pacman7331]

Honestly if this whale is too dumb to want an inverse head and shoulders then you should stop watching him/her.

[jojo69]

people that think they know what is going on are so

...

tiresome

[Elwar]

I try to not invest in anything that requires government intervention. This includes stocks, real estate, anything bank related...

well, actually it only leaves crypto.

I would love to own real estate but I have to trust that the government that sanctions such property will not need to extract value from that property when their bills start to add up. Same with anything of value that the government could possibly manipulate. That's why I pulled out everything from my Roth IRA. The idea being that I can invest now and the government won't take taxes on it when I retire...ya, I'll believe that one when the US federal government is $21 trillion in debt.

You could invest in all those things if you counter balance it a bit with a gold holding.   Also avoid leverage is usually best as thats how banks often profit the most, from the people in the most difficult situations.
In 2008 one of the largest banks who received a bailout setup a special division to hunt down business that was relying on them, foreclose and seize the assets for a quick turnover.  They needed the cash quick to appear solvent and taking it from those who cant argue because they took a loan is the easiest way.   Bank overdraft almost always contains the warning we can withdraw and demand repayment immediately and quite a few businesses use those I think.

Otherwise I dont think they can remove your property rights so easily.  You are part of a larger group there.   The guy who called the MBS melt down now owns some bank stocks apparently M.Burry

Price has a stair case higher, looks quite steady progress overall.  9600 area would be over 61% recovery of the double peak decline for this year

I would invest in gold if I weren't so mobile globally.

As for real estate...ya, that might be the last thing they take or it will be the first thing they take if it's convenient for them.



If I don't have enough fellow patriots to come help me with a standoff I'm screwed for that investment.

[RewFrew]

Bitcoin Futures Posts Record Daily Volume as Market Recovery Continues.

http://cointhud.com/bitcoin-futures-record-daily-volume/


And.. Bitcoin to the moon.. or close!

http://cointhud.com/mining-bitcoin-in-space/

[RewFrew]

people that think they know what is going on are so

...

tiresome

I change my mind to not give a fuck.

[Gab0]

Bitcoin Futures Posts Record Daily Volume as Market Recovery Continues.

http://cointhud.com/bitcoin-futures-record-daily-volume/

Old story, how about this?

SOURCE: Morgan Stanley Wants To Beat Goldman Sachs To Crypto Trading Riches   
https://theicojournal.com/source-morgan-stanley-wants-to-beat-goldman-to-crypto-trading-riches/

[Rosewater Foundation]

Saw a man today (around 45-50) in Phuket riding a Harley wearing a cap with bitcoin logo on it. He had a young chick in the back, aged maybe around 20y. Wonder if he's someone from the forum

My role model.

Thailand probably frightens me more than it should. My carcerophobia kicks in just thinking about it.

That's a very good point. Maybe being multimillionaire can help avoiding that risk there?. Donno.

The weather also doesn't look very good with a crazily high humidity most of the year?

It looks like the good points are, so far: Basically cheap everything (including young women girls). Not cold in the winter which is a plus even if rain and humidity ruins it somehow.

Probably I am oversimplifying as I have never been there... Just armchair opinion. It looks Thailand is very popular around this thread, so there must be much more that I am missing.

The rate of incarceration in Thailand is only slightly lower than Turkmenistan. That's just not my kind of weather.

Thailand is currently under Marshal Law

The military is in control.

Very peaceful though

[Toxic2040]

[pacman7331]

people that think they know what is going on are so

...

tiresome

That's sort of what this thread is for. Speculation.
 Not for posting about the BLM. Go somewhere else to talk politics or shut up, and keep your bitcoin secrets to yourself.
If you know everything then why the fuck are you here? To lord it over everyone else? And I never said I knew shit.
U got me confused with someone else.

[Rosewater Foundation]

why the fuck are you here?

We're just trying to do our time. We don't want any trouble, man.

[marcus_of_augustus]

[El duderino_]

And the new POLL Will look like ? 

[bitserve]

I try to not invest in anything that requires government intervention. This includes stocks, real estate, anything bank related...

well, actually it only leaves crypto.

I would love to own real estate but I have to trust that the government that sanctions such property will not need to extract value from that property when their bills start to add up. Same with anything of value that the government could possibly manipulate. That's why I pulled out everything from my Roth IRA. The idea being that I can invest now and the government won't take taxes on it when I retire...ya, I'll believe that one when the US federal government is $21 trillion in debt.

You could invest in all those things if you counter balance it a bit with a gold holding.   Also avoid leverage is usually best as thats how banks often profit the most, from the people in the most difficult situations.
In 2008 one of the largest banks who received a bailout setup a special division to hunt down business that was relying on them, foreclose and seize the assets for a quick turnover.  They needed the cash quick to appear solvent and taking it from those who cant argue because they took a loan is the easiest way.   Bank overdraft almost always contains the warning we can withdraw and demand repayment immediately and quite a few businesses use those I think.

Otherwise I dont think they can remove your property rights so easily.  You are part of a larger group there.   The guy who called the MBS melt down now owns some bank stocks apparently M.Burry

Price has a stair case higher, looks quite steady progress overall.  9600 area would be over 61% recovery of the double peak decline for this year

I would invest in gold if I weren't so mobile globally.

As for real estate...ya, that might be the last thing they take or it will be the first thing they take if it's convenient for them.

If I don't have enough fellow patriots to come help me with a standoff I'm screwed for that investment.

Of course there is absolutely no investment that is 100% risk free, but real estate is "safe enough". As other posters said it is incredibly unlikely they would just take it from everybody without causing a civil war. Even raising the property taxes significantly is unlikely.

But, above all, that's exactly the point of diversifying and hedging. Don't put all your eggs in the same basket (ie only in real estate). Having a one or two real estate properties when that is just a small percentage of your total net worth wouldn't hurt even if the worst case happens. More so when you just said you would love to own... if not for the fear of being taken from you.

Oh, and that partially solves the mobility problem about gold... you know, a deep hole in a unknown place inside your property...

If you can do it with a small part of your current net worth... I would go for it... but that's just me of course.

[bitebits]

SEC Chairman - Bitcoin is not a security but almost all tokens are.  Silent on ETH.

https://coincenter.org/link/sec-chairman-clayton-bitcoin-is-not-a-security

Very underrated post, quoting for visibility.

[Last of the V8s]

SEC Chairman - Bitcoin is not a security but almost all tokens are.  Silent on ETH.

https://coincenter.org/link/sec-chairman-clayton-bitcoin-is-not-a-security

Very underrated post, quoting for visibility.

[JayJuanGee]

[edited out]

Overinvested people are the weak hands that dump the price when the water starts drowning them. We don't need any more of those. Going all in is great... until it isn't.

Seems that no matter what, there are going to be both gamblers and over-investors and panic sellers.  We are not going to get rid of that dynamic in bitcoin, especially when there are other folks who purposefully spread information to attempt to get some folks to sell and the information is not going to be equally shared.  The hODLers and accumulators (the strategic ones) are going to continue to advantage by the information disparities... and those who think that they can beat the market by selling or shorting bitcoin or they are lacking confidence in the upside potential of bitcoin, when they either sell or fail to buy.

Yeah, that's the better strategy, buy an amount you are confortable with no matter what and just HODL.

I agree that buying and holding is good, but also, we have to think in terms of cashflow too.   Sometimes people can take 5% or 10% of their cashflow and invest into bitcoin, and really not be hurt, but end up profiting handsomely from a kind of dollar cost average investing that works... to continue to accumulate.

I do think that holding is good, but I also think that selling small amounts on the way up can be good too.. or having a plan to sell 5% or 10% or some other reasonable amount everytime bitcoin goes up 10x... or some other kinds of incrementalist selling on the way up.. and even perhaps using some of that generated capital to continue to dollar cost average buy back in with it.

That being said... I probably have more than 25% (don't want to calculate nor say it) of my total net worth on crypto... and... sometimes I have felt the pressure of the water even if I have enough FIAT reserves for "modestly living/surviving" for more than a decade even with no additional income and crypto being zeroed out.

We do not necessarily need to share all of our particulars, but I will say that initially, in 2013, I had planned to invest about 10% of my total investments into bitcoin, so it took me nearly a year to reach my goal (by the end of 2014).. But then bitcoin's price appreciation from 2015 to 2017 (and still maintaining in 2018) has allowed the proportion of my investment in bitcoin to go way up.. which is a nice problem to have and a problem that many bitcoin hodlers likely have, especially if they had already accumulated their position prior to 2017-ish - or even if they established their position before mid-August 2017 and were not scared out of their position from a lot of the scary stuff (FUD information being spread about during that time).  As you may recall, things wen fairly rapidly after that.. and many peeps may not have been able to get back into bitcoin  because of sales of their bitcoin that they made before mid-August 2017 (that's the below $2,500 price range) because bitcoin may have gone on a kind of punitive stage - even though you never know if we may have a possible (hope for the roaches) return to sub $3k price territories, perhaps?

Wouldn't like to be the guy with 100% BET on ANYTHING... no.

In this regard, you and I are on the same page, and 100% thinking may sound all fine and dandy to inspire confidence, but it just is not prudent, and involves too much gambling and blindness to how the world (and future prediction) actually does work, in reality.