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

[Hueristic]

OT : Jim Cramer slipping up and showing his hand again, showing us the underlying corruption that is Wall Street:

https://www.cnbc.com/2018/10/04/cramer-reveals-the-10-telltale-signs-that-could-prolong-the-sell-off.html

"There's a very common trajectory when the market's going down. First, the analysts will try to keep recommending stocks and they're going to be completely ignored," the "Mad Money" host said.

"When they raise their price targets or even upgrade from 'hold' to 'buy' and no one listens, they're going to switch directions and they're going to start downgrading," he continued. "When those downgrades stop sending stocks lower, then you'll know a bottom is at hand. But we're not there yet."

Oh, so what you're saying Jim is that the analysts upgrade from 'hold' to 'buy' merely to get Average Joes to be the final bagholders on the way down? (Not because the stock is actually undervalued?)

And when that corrupt tactic doesn't work, then they reverse to 'sell' to cover their asses (and start shorting)?

Un-fucking-believable.   Can't believe that he can even say this with a straight face.

I am continually bewildered by the fact more and more morons still listen to this dirtbag.

This is interesting.

https://medium.com/bloomberg/this-cryptocurrency-miner-says-it-solved-bitcoins-power-problem-3dc9fffc1d76?source=email-1e154d444ca3-1538742190133-digest.reader------0-49------------------179a244a_bd59_44ad_b8a0_28a0f7eb8f44-1&sectionName=top

[JayJuanGee]

via Imgflip Meme Generator

#bitcoin halving: only 19 months to go ... we are in the green zone!!

By that chart, we get a  largely sad pattern (to the extent that we can count on a pattern of two), because the "real up" does not seem to come until the halvening has already taken place.

[DireWolfM14]

OT : Jim Cramer slipping up and showing his hand again, showing us the underlying corruption that is Wall Street:

https://www.cnbc.com/2018/10/04/cramer-reveals-the-10-telltale-signs-that-could-prolong-the-sell-off.html

"There's a very common trajectory when the market's going down. First, the analysts will try to keep recommending stocks and they're going to be completely ignored," the "Mad Money" host said.

"When they raise their price targets or even upgrade from 'hold' to 'buy' and no one listens, they're going to switch directions and they're going to start downgrading," he continued. "When those downgrades stop sending stocks lower, then you'll know a bottom is at hand. But we're not there yet."

Oh, so what you're saying Jim is that the analysts upgrade from 'hold' to 'buy' merely to get Average Joes to be the final bagholders on the way down? (Not because the stock is actually undervalued?)

And when that corrupt tactic doesn't work, then they reverse to 'sell' to cover their asses (and start shorting)?

Un-fucking-believable.   Can't believe that he can even say this with a straight face.

The more I learn about investing the more I realize how little I know.  The pundits and talking heads don't know shit.  They're just as clueless as the rest of us.  The only difference is they're paid to pretend they know something.  Half the time their predictions are accurate...

[bitserve]

Anyone knows if there are already any virtual lightning wallet provider for cellphones?

I mean, something like a coinbase app for the phone, that you can load with BTC and use to make lightning payments. Of course the lightning tx would be done in background by the provider on your behalf. The phone app would just be an interface. The provider would charge you a small fee... or just do it initially as a marketing investment to increase its user base and public exposure.

Do we already have something like that?

[goldkingcoiner]

Seems awful quiet 'round here. 

Who cancelled the weekend pumps, did Rosewater take them with him..?  We should have frisked him on the way out.

Probably. I guess right now is where people gave up and nobody wants to buy in. This might go on for a while. I wonder if bitcoin will ever experience huge pumps like in the past? Those were the days.... At best now we will only have a linear increase.

[d_eddie]

Seems awful quiet 'round here.  

Who cancelled the weekend pumps, did Rosewater take them with him..?  We should have frisked him on the way out.

Probably. I guess right now is where people gave up and nobody wants to buy in. This might go on for a while. I wonder if bitcoin will ever experience huge pumps like in the past? Those were the days.... At best now we will only have a linear increase.

I feel more like:

The more I learn about investing the more I realize how little I know.  The pundits and talking heads don't know shit.  They're just as clueless as the rest of us.  The only difference is they're paid to pretend they know something.  Half the time their predictions are accurate...

Only, I know my SOMA(tm) predictions are almost always wrong, almost all of the time.

[El duderino_]

christmas present tips..... too educate the NOCOINERS of the family, i probably should do a larger order for my GF family  

[kurious]

Seems awful quiet 'round here. 

Who cancelled the weekend pumps, did Rosewater take them with him..?  We should have frisked him on the way out.

Probably. I guess right now is where people gave up and nobody wants to buy in. This might go on for a while. I wonder if bitcoin will ever experience huge pumps like in the past? Those were the days.... At best now we will only have a linear increase.

It might go on for a while, but don't write Bitcoin off just yet! 

There are only 21 million bitcoins and most have already been mined which is not enough for every entity that wants one.  If you see how many exchanges, institutions and governments are now forced to take notice, it can't be stopped or ignored.

Yes, it looks flat just now - but don't think the fireworks are over.  They aren't yet... Not by a long chalk.

We have some pain still to go through, but there will be prices in future that will dwarf the last ATH. This has always have been so, and I can only see many thousands of reasons why this process shall be seen again.

[LFC_Bitcoin]

Seems awful quiet 'round here. 

Who cancelled the weekend pumps, did Rosewater take them with him..?  We should have frisked him on the way out.

Probably. I guess right now is where people gave up and nobody wants to buy in. This might go on for a while. I wonder if bitcoin will ever experience huge pumps like in the past? Those were the days.... At best now we will only have a linear increase.

It might go on for a while, but don't write Bitcoin off just yet! 

There are only 21 million bitcoins and most have already been mined which is not enough for every entity that wants one.  If you see how many exchanges, institutions and governments are now forced to take notice, it can't be stopped or ignored.

Yes, it looks flat just now - but don't think the fireworks are over.  They aren't yet... Not by a long chalk.

We have some pain still to go through, but there will be prices in future that will dwarf the last ATH. This has always have been so, and I can only see many thousands of reasons why this process shall be seen again.

Great post kurious, the bolded part especially puts a smile on my face imagining what kind of sickeningly high prices we’ll see around a year after the next halving.

I check the price about 50 times a day (I know....I know) and seeing 6xxx all the time has me rolling my eyes lately hoping/wondering when we’ll see much higher prices again.

You’ve cheered me up today any way bro, thanks.

HODL on gentlemen, have a great Friday night xxxxx

[bitserve]

Seems awful quiet 'round here. 

Who cancelled the weekend pumps, did Rosewater take them with him..?  We should have frisked him on the way out.

Probably. I guess right now is where people gave up and nobody wants to buy in. This might go on for a while. I wonder if bitcoin will ever experience huge pumps like in the past? Those were the days.... At best now we will only have a linear increase.

It might go on for a while, but don't write Bitcoin off just yet! 

There are only 21 million bitcoins and most have already been mined which is not enough for every entity that wants one.  If you see how many exchanges, institutions and governments are now forced to take notice, it can't be stopped or ignored.

Yes, it looks flat just now - but don't think the fireworks are over.  They aren't yet... Not by a long chalk.

We have some pain still to go through, but there will be prices in future that will dwarf the last ATH. This has always have been so, and I can only see many thousands of reasons why this process shall be seen again.

What are you talking about? Everybody knows Bitcoin is dead now. There is no hope.

[vroom]

I want my volatility back! Even a weekend dump would be better then this boring sideway shit.

[jojo69]

...pain...

...seeing 6xxx all the time...

just think about that for a minute folks

[kirreev070]

Great post kurious, the bolded part especially puts a smile on my face imagining what kind of sickeningly high prices we’ll see around a year after the next halving.

I check the price about 50 times a day (I know....I know) and seeing 6xxx all the time has me rolling my eyes lately hoping/wondering when we’ll see much higher prices again.

You’ve cheered me up today any way bro, thanks.

HODL on gentlemen, have a great Friday night xxxxx

I do not often check the price of the BTC, I used to watch every half hour. Now when I trade on the Byt, oh look for the price.

But so far all that remains is to wait for new growth and wait for UFC 229.

[crypmike]

"This time its different"

2014


2018


https://twitter.com/xcbitcoin/status/1047721262196375553?s=21

[crypmike]

https://twitter.com/CryptoDonAlt/status/1048010554458198017

[Dunkelheit667]

via Imgflip Meme Generator

#bitcoin halving: only 19 months to go ... we are in the green zone!!

By that chart, we get a  largely sad pattern (to the extent that we can count on a pattern of two), because the "real up" does not seem to come until the halvening has already taken place.

It's more like... We were in uptrends one year before and after a halving.

One year before and after the 1st halving:
https://bitcoincharts.com/charts/bitstampUSD#czsg2011-11-28zeg2013-11-28ztgSzm1g10zm2g25zl
One year before and after the 2nd halving:
https://bitcoincharts.com/charts/krakenUSD#czsg2015-07-09zeg2017-07-09ztgSzm1g10zm2g25zl

And in a downtrend during years two and three after the 1st halving:
https://bitcoincharts.com/charts/bitstampUSD#czsg2013-11-28zeg2015-11-28ztgSzm1g10zm2g25zl

That's how it looks until now starting with year two after the 2nd halving:
https://bitcoincharts.com/charts/bitstampUSD#czsg2017-07-09ztgSzm1g10zm2g25zl

After an extended uptrend, we're going sideways until now. Boring, I know.

[realr0ach]

"This time its different"

2014
https://pbs.twimg.com/media/DopA27AVsAADBwt.jpg

2018
https://pbs.twimg.com/media/DopA37mUcAAzYam.jpg

https://twitter.com/xcbitcoin/status/1047721262196375553?s=21

The fact that shitcoiners ALWAYS expect every single triangle convergence to either result in an explosive move upwards or downwards is a dead giveaway that's it's nothing more than a valueless pump and dump scam. Nobody sees something like oil do a triangle convergence and say, "Okay, looks like oil is about to either go to $1 a barrel or $200."  Bitcoin is a fake commodity that's designed to centralize and unable to be anything but a pump and dump, while silver and gold are real money.

[crypmike]

via Imgflip Meme Generator

#bitcoin halving: only 19 months to go ... we are in the green zone!!

That's how it looks until now starting with year two after the 2nd halving:
https://bitcoincharts.com/charts/bitstampUSD#czsg2017-07-09ztgSzm1g10zm2g25zl

After an extended uptrend, we's going sideways until now. Boring, I know.

I think sideways movement will be continued until mid 2019, more or less (this chart confirms my thoughts)

The fact that shitcoiners ALWAYS expect every single triangle convergence to either result in an explosive move upwards or downwards is a dead giveaway that's it's nothing more than a valueless pump and dump scam. Nobody sees something like oil do a triangle convergence and say, "Okay, looks like oil is about to either go to $1 a barrel or $200."  Bitcoin is a fake commodity that's designed to centralize and unable to be anything but a pump and dump, while silver and gold are real money.

indeed. but is it bad? not sure.
this is an additional viewpoint
you only have to expect another scenario in your head.

[sirazimuth]

OT : Jim Cramer slipping up and showing his hand again, showing us the underlying corruption that is Wall Street:

https://www.cnbc.com/2018/10/04/cramer-reveals-the-10-telltale-signs-that-could-prolong-the-sell-off.html

"There's a very common trajectory when the market's going down. First, the analysts will try to keep recommending stocks and they're going to be completely ignored," the "Mad Money" host said.

"When they raise their price targets or even upgrade from 'hold' to 'buy' and no one listens, they're going to switch directions and they're going to start downgrading," he continued. "When those downgrades stop sending stocks lower, then you'll know a bottom is at hand. But we're not there yet."

Oh, so what you're saying Jim is that the analysts upgrade from 'hold' to 'buy' merely to get Average Joes to be the final bagholders on the way down? (Not because the stock is actually undervalued?)

And when that corrupt tactic doesn't work, then they reverse to 'sell' to cover their asses (and start shorting)?

Un-fucking-believable.   Can't believe that he can even say this with a straight face.

I dunno. Sounds to me like he is saying that the analysts -- as a class -- are clueless, and are following the herd, rather than leading.

yeah...market "analysts" my arse...
they are about as useful as a "psychic" is to a police investigation.

[HairyMaclairy]

https://twitter.com/CryptoDonAlt/status/1048010554458198017

Let's be clear as to people's motivations.  DonAlt runs paid groups for noobs.  He doesn't make any money in a bear market.