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

[Arriemoller]

Don't take it too seriously, when I say "I'll cut you" or I"ll beat you"

or call you "pedo guy"?

I haven't called anyone that.

Yeah I know, "don't take it too seriously" just sounded like Elon's recent defense.



don't take it too seriously

Ok I see, I won't then.

[dragonvslinux]

Here's my short term outlook on price, I won't post a new topic as it might upset people, even if it is a neutral call 

Another day, another descending triangle . I first tried drawing this on the 4hr chart, but without being able to include the support touch-point of December 2nd, I've gone with the Daily chart in order to have a minimum of 3 touch-points on both support & resistance trends, with sufficient time in between. There is an interesting difference between this descending triangle and others in Bitcoin's history however.

Unlike most of Bitcoin's descending triangles that lead to lower swing lows, the measured move target for this particular triangle is approximately $75 higher than the swing low of around $6,526. I'm therefore remaining neutral while anticipating a final-ish flush out, as the measured move target of 8% could quickly develop into a double bottom or higher low bullish scenario.

Support: $7,186
Target: $6,600
Resistance: $7,400
Breakout: 16th-21st December (after 75% of the triangle has completed)

You can ignore the indicators, they weren't meant to show up 

[realr0ach]

Bitcoin miners are hurting.

The last 12 months has been the least profitable in all of the prior 5 years to be a Bitcoin miner.

There's blood on the streets.

There's not "blood in the streets", there's dumbass Chinamen pretending they can continulously add MORE and MORE of their centralized ASIC miners to the stack until the entire planet is covered in Bitmain ASICs like a bad science fiction movie and it's not all going to catastrophically implode at some point.  The "blood in the streets" is after the miners are forced to turn off, which hasn't happened yet.

[realr0ach]

UK rejected hardcore red socialism in favour of softcore blue socialism ... meh.

Call it for what it actually is.  (((Communism))) is a Jew scam to centralize all wealth and power under the guise of it being required to run their 'Utopia'.  Then, just like they did to Russia, they use that centralized power structure to murder 20-60 million white Christians and steal all the money in the entire country.  Don't want communism?  Expel the Jews.  Just like they were expelled from the Levant, not by 'God', but by other men because they're an evil cult that was sacrificing children to the Canaanite god "Moloch".

[Last of the V8s]

I may be a merit whore but I'm not gonna post these memes of this Biden fellow nuzzling up to Greta or even AOC.
Not that I'm pretending to have standards or well-thought out ethical frameworks or anything.
Just yuk.   edited

[hv_]

I may be a merit whore but I'm not gonna post these memes of this Biden fellow snuggling up to Greta or even AOC.
Not that I'm pretending to have standards or well-thought out ethical frameworks or anything.
Just yuk.

... it is a Feature -

[Last of the V8s]

Now a penis fish on the other hand. There's something I could get behind.
this guy's post https://asktom.cf/index.php?topic=178336.msg53332735#msg53332735
seems to come from here https://medium.com/capriole/bitcoins-production-cost-88d889462ea7
and here https://twitter.com/caprioleio/status/1204922652437237761?s=20
looks interesnoko

[lightfoot]

I strongly believe that England will come out of this as the winner.
They can now start to build an alternative free trade area witch will be muck bigger than the EU, Just like they once created EFTA.

On the positive side Corbyn will "never lead another general election campaign". Right.........

[BitcoinGirl.Club]

Good morning WO!
Observing @ $7,209

I may be a merit whore but I'm not gonna post these memes of this Biden fellow snuggling up to Greta or even AOC.
Not that I'm pretending to have standards or well-thought out ethical frameworks or anything.
Just yuk.

My x used to use her dad's card LOL

[ivomm]

If I have to summarize this year, I would say that once again  Bitcoin has proved to the world that the claim that the 2017 bubble had burst, was not true. Although in early 2019 the price hit $3,100, a gradual growth began. This growth naturally reached $14 000, i.e. 70% of previous ATH,  without the help of mass psychosis from an upcoming event. This proves that in 2017 Bitcoin experienced a natural cycle of growth, with a demand-supply ratio at the core rather than some global "tulip mania". The slow decline to $7 000 in 6 months after the AYH, compared to the many quick and steep crashes in 2017-2018  only confirms that the price is in the process of stabilization, before the next bull cycle begins/resumes.  

[Icygreen]

If I have to summarize this year, I would say that once again  Bitcoin has proved to the world that the claim that the 2017 bubble had burst, was not true. Although in early 2019 the price hit $3,100, a gradual growth began. This growth naturally reached $14 000, i.e. 70% of previous ATH,  without the help of mass psychosis from an upcoming event. This proves that in 2017 Bitcoin experienced a natural cycle of growth, with a demand-supply ratio at the core rather than some global "tulip mania". The slow decline to $7 000 in 6 months after the AYH, compared to the many quick and steep crashes in 2017-2018  only confirms that the price is in the process of stabilization, before the next bull cycle begins/resumes.  

Well said, I stand behind that.

[LUCKMCFLY]

Analysis using Wyckoff ..

BULLISH 🐂

Source: https://twitter.com/888Velvet/status/1205304201531793410

[BitcoinGirl.Club]

^^
Who is this guy and why are so many bubbles there? 😀

[Gyrsur]

C'mon BTCee do something in the right direction pls.

[BitcoinGirl.Club]

C'mon BTCee do something in the right direction pls.

This reminds me the old times. HASHTAG HotCheeks

By the way, that a cute little baby there.

Weekend pump is on the way!

[jojo69]

Analysis using Wyckoff ..

needs more alternate reality indicator

[LUCKMCFLY]

Pamoldar I think the bubbles represent each bullish stage in small periods of time, this guy always makes an analysis with Wyckoff in small fractals, usually attracts my attention because in small fractals the volatility is very large. And if I think the same jojo69, in my particular case, I analyze Wyckoff in the stages of Accumulation and Distribution, and for bullish and bearish trends I like to use Elliot.

[asUHWEceyc]

explain

In a long shameful convoluted story, I find myself with a new tricked out MacBook Pro 16", and a Time Machine brain transplant from the last machine. Not yet fully cloned. New MBP runs only Catalina. Apple has seen fit to -- get this -- prevent users from writing to the root directory of the filesystem.

Now I need to figure out how I want to map a nearly four-decade-old directory structure to the absurd dictates of my new environ.

jojo69's hell may be different - dunno.

Good news, everyone.

While it is not really well documented, there is a workaround.

Apple has created a new type of symlink-like filesystem construct. Using this synthetic link, one can create a 'ghost link' in the root of the filesystem. This link can redirect to another place in your filesystem, like any normal symlink. It does not, however, exist on disk. It is instantiated at boot. One configures these links through an fstab-like mechanism: a new file /etc/synthetic.conf.

After creating a link using this mechanism and rebooting, my filesystem looks like it used to. I am now happily restoring over 400,000 files -- over 220GB -- from Time Machine to this new phantom filesystem location. So all my old scripts and such should work just fine.

More info at man synthetic.conf.

Why Apple's second-level support was utterly unaware of this workaround is a mystery. But there you go.

how do you feel about macos being slowly and now rapidly disfigured into a cellular phone-home applianceOS ?

[BitcoinGirl.Club]

Pamoldar I think the bubbles represent each bullish stage in small periods of time, this guy always makes an analysis with Wyckoff in small fractals, usually attracts my attention because in small fractals the volatility is very large. And if I think the same jojo69, in my particular case, I analyze Wyckoff in the stages of Accumulation and Distribution, and for bullish and bearish trends I like to use Elliot.

I know! You failed to get the sarcasm 🤪

[Gyrsur]

C'mon BTCee do something in the right direction pls.

This reminds me the old times. HASHTAG HotCheeks

By the way, that a cute little baby there.

Weekend pump is on the way!

good old times!