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

[CookieFactory]

Stop loss hunting before the boom.

[shahzadafzal]

I promised my son that I will buy him an iPad after the nyc consensus 2018 bull run

[hd060053]

I hate to be a bear...I think we have a good chance of hitting 4900 -5200 in July to August. Hopefully that would form a bottom. Again it is anyone's guess.

real botom is 2-2.5. Even this forum "oracle" masterluc predicted that before. The sad thing is that this level can be for a long (2-3 years) period. Sad but true.

Hey, if there is someone left dumb enough to sell at that price, then we need to get there and get those coins bought so we can launch. I know mine aren't for sale until we are over 100k. That could take a few years but if someone wants to sell theirs for 2-2.5, then lets get there!

Nobody wants to exit this market at this price. They just want to buy back lower, that is a risky bet

[jadenunderhill]

I hate to be a bear...I think we have a good chance of hitting 4900 -5200 in July to August. Hopefully that would form a bottom. Again it is anyone's guess.

real botom is 2-2.5. Even this forum "oracle" masterluc predicted that before. The sad thing is that this level can be for a long (2-3 years) period. Sad but true.

Hey, if there is someone left dumb enough to sell at that price, then we need to get there and get those coins bought so we can launch. I know mine aren't for sale until we are over 100k. That could take a few years but if someone wants to sell theirs for 2-2.5, then lets get there!

Nobody wants to exit this market at this price. They just want to buy back lower, that is a risky bet

I'm really thinking of quitting. Too tired of this. if 11K will ever happen i will quit(

[blacky90]

when everyone is crying its time to buy

[infofront]

Who the hell votes 11000+? Damn trolls ruin the vote!

I just kind of ignore the first and last choices when I look at the votes.

[jadenunderhill]

I'm really thinking of quitting. Too tired of this. if 11K will ever happen i will quit(

Still kicking my ass for not dumping $1M @ $11.5k on the last bounce

Thanks, bro, for your opinion. Everything will be ok for us, i'm sure

[RoomBot]

Similar oldie but goodie maintained over at moonmath...


https://www.moonmath.win/

Moonmath? More like The Dark Side Of The Moon math.

Awesome work of art! Loving it

Bump!

Outstanding alignment of images.  Dark Side of the Moon was the first album I owned.  Won it on the radio in high school. 

[Toxic2040]

Dip dip dip dip dip... get a job..shan na na na..sha a na na baa doom.
The Silhouettes
https://www.youtube.com/watch?v=ysKhbaLyIFw


Finding support at $7.25k? This is also a long period fib from last months sell off. How did all you knife catchers do?   
Would recommend patience while the market finds a direction...once again. #dyor

[jojo69]

bunch of whiny little bitches in here

bouncing along a local bart bottom

[Derpinheimer2]

Dip dip dip dip dip... get a job..shan na na na..sha a na na baa doom.
The Silhouettes
https://www.youtube.com/watch?v=ysKhbaLyIFw


Finding support at $7.25k? This is also a long period fib from last months sell off. How did all you knife catchers do?   
Would recommend patience while the market finds a direction...once again. #dyor

Yeah looks like 7300 is holding up, a hell of a sell off but could this be due to the "Asian Whale" in the news that moved a bunch of coins to an exchange a few days ago?

Nah man, its time for new lows. Market is dead. Below 7000 in 24 hours, below 6000 in 72 hours, below 5000 this time next week.  

[bones261]

Dip dip dip dip dip... get a job..shan na na na..sha a na na baa doom.
The Silhouettes
https://www.youtube.com/watch?v=ysKhbaLyIFw


Finding support at $7.25k? This is also a long period fib from last months sell off. How did all you knife catchers do?  
Would recommend patience while the market finds a direction...once again. #dyor

Yeah looks like 7300 is holding up, a hell of a sell off but could this be due to the "Asian Whale" in the news that moved a bunch of coins to an exchange a few days ago?

Nah man, its time for new lows. Market is dead. Below 7000 in 24 hours, below 6000 in 72 hours, below 5000 this time next week.  

Kay, I totally trust you oracle of the wall thread.

Yes, based on this analysis, I going to deposit all funds to Bitmex, ASAP; go all in; take market order 100x leverage.  

[shahzadafzal]

Dip dip dip dip dip... get a job..shan na na na..sha a na na baa doom.
The Silhouettes
https://www.youtube.com/watch?v=ysKhbaLyIFw


Finding support at $7.25k? This is also a long period fib from last months sell off. How did all you knife catchers do?   
Would recommend patience while the market finds a direction...once again. #dyor

Yeah looks like 7300 is holding up, a hell of a sell off but could this be due to the "Asian Whale" in the news that moved a bunch of coins to an exchange a few days ago?

Nah man, its time for new lows. Market is dead. Below 7000 in 24 hours, below 6000 in 72 hours, below 5000 this time next week. 

[RejectedBanana]

I'm really thinking of quitting. Too tired of this. if 11K will ever happen i will quit(

Still kicking my ass for not dumping $1M @ $11.5k on the last bounce

At what point will you be kicking your ass for not reinvesting the millions you already cashed out back into Bitcoin?

Do you have that much more faith in fiat and your managed stock portfolio over Bitcoin these next few years?

Are trade wars and nationalism getting you harder than choo-choos and rocket ships ever did?

 

Bitcoin hashrate still climbing.

Bitcoin price still up +150% from 1 year ago.

SEC still being hammered with Bitcoin ETF applications.

Fidelity, Goldman, JP Morgan still proceeding with Bitcoin trading options.

The Commissioner of the US CFTC still calling Bitcoin an unstoppable technological revolution and modern miracle.

Bitcoin is dead. Long live Bitcoin!

[hodl_2015]

Here's an updated comparison of global energy consumption.

Banking: > $1,870B
Bitcoin: ~$3.5B

Bitcoin Energy Consumption Index
https://digiconomist.net/bitcoin-energy-consumption

Sounds about right. PDP-11 Power Requirements: 6kW each.
They could run there banking software on a more efficient raspberry-pi using a PDP-11 simulator, but I doubt they would bother.
Don't even start on the forests destroyed for making punch cards.
off-topic: I'm scraping together every last fiat coin if it does another dip.

[DaRude]

Finex leveraged longs are still at $700MM i wanna see them under $500MM. Can we absorb $200MM sell off?

[FractalUniverse]

Finex leveraged longs are still at $700MM i wanna see them under $500MM. Can we absorb $200MM sell off?

where can we see leveraged longs vs. shorts stats? all i found is just total leverage funding

[realr0ach]

Level 3 tactical bombardment of shitcoin walls authorized to destroy the scammers trying to distract the goyim away from sound money like physical silver and gold.  Godspeed.

[Wosterlee]

[realr0ach]

CFTC Comissioner Behnam:

Let me repeat that:  these currencies are not going away and they will proliferate to every economy and every part of the planet.  Some places, small economies, may become dependent on virtual assets for survival.  And, these currencies will be outside traditional monetary intermediaries, like government, banks, investors, ministries, or international organizations.

We are witnessing a technological revolution.  Perhaps we are witnessing a modern miracle.

And why does he say such nonsense praising shitcoins?  Because Fort Knox is empty of gold along with Canada and many other nations, so allowing them to hoist imaginary, valueless shitcoins on you instead is their last ditch effort in order to not be held responsible for all the theft and crimes they've done that would cause regime change and all of them to hang.  Plus they want to put you in a cashless society slave system anyway, and that's what this is.

The factions that believe they can actually get away with this are complete morons because no high rollers are interested in using shitcoins over gold and silver to safeguard their wealth.  When the shit hits the fan, the bankers are all going to hang no matter what type of shitcoin scams they try to replace metals with.  There are people willing to gamble with this garbage, but there's simply nobody of any real wealth or power willing to pretend gold and silver don't exist and take enormous risks for no reason trying to store their vast empire of wealth in imaginary shitcoins.