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

[xhomerx10]

We currently have the "Golden Cross" on a 2-day chart (MA50 crosses with 200), which has only happened 3 times so far and has always been a sign to a massive bull run.

But I just keep thinking, that if you throw a coin three times and you got the head, it is mathematically very doubtful that you would also throw it for the fourth time in a row.


https://bitcoinist.com/this-historically-accurate-bitcoin-bullish-indicator-flashes-again/

Additionally, we have just broken strong support that has shaped and maintained BTC's upward trend in the past few months, which may indicate a strong correction that is currently ahead of us.
Tough times for traders coming.


https://www.youtube.com/watch?v=y0gQSFIa90g&t=1440s

I haven't seen so many contradictory signals in BTC for a long time  

The last line of defense is actual support at 8600$ (green arrow at the screen above), once broken there will be no doubt we are going down.

I hope something totally opposite happens, fingers crossed.

 Doubt is a human emotion.  Your coin in the example has the same probability of being heads as it does being tails
  every   time   it is tossed regardless of any number of previous tosses. Much like honey badger Bitcoin, neither that coin nor the math behind it gives a fuck. (Especially regarding your doubt)

 Edit: my bad.  Animals other than humans can also have doubt. (Except the honey badger which is immune to doubt)

[BlackHatCoiner]

Bitcoin is steady for like hours.
-------
Found that:



Damn, where are you Maria??

[virasog]

[SuperTA]

"Bitcoin started selling at $0.008 in 2010.
Few years later, bitcoin is at $9,000+.
If you were given 1000 bitcoins by 2010, by now you'd have had $10million."

https://twitter.com/_onah1/status/1281665609730793473

[Hueristic]

Confederate monuments are shit.

I feel sorry for you.

Ignoring. I don't have any tolerance for people looking to erase history.

I support Kaepernick's right to free speech and kneel in protest but think he is an idiot for saying that Old glory has anything to do with slavery. It is a symbol of standing against Tyranny, specifically King George III.

I am proud to be descended from those that fought for the rights of the American people to be free enough to speak out against their own government.

[Hueristic]

what these bigots stood for, and all the misery they caused.

Bigotry isn't the issue. Treason is.

The generals in question took up arms against the United States of America, its government, its constitution, and its people.

I agree with Bob that it's part of history. If that means statues should be erected to commemorate traitors, perhaps statues should also be erected to commemorate Benedict Arnold and John Wilkes Booth.

They're also part of history.

There is a statue for Benedict Arnold up in Seneca NY. It's his boot from where he lost his leg in the lake battles of the Revolutionary War. Remember, the guy was a first class hero before he got fucked over by the Continental Congress and decided to go with the Brits who would treat him a lot better.

Technically his leg did not commit Treason, therefore it was worthy of a statue.

[Hueristic]

jbreher likes to pump them up too, I wonder why that is?      He might want to chime his picnic bear ass into the mix, as well.   

He tends to support centralization and trusted third partys for some unknown reason.
Makes me wonder sometimes why he supports bitcoin?

[lightfoot]

The real traitor in the American Revolution was Dr. Benjamin Church. After Lexington, Concord, and Bunker Hill he really could have ended the revolution before it got started. Fortunately Washington was quite good with ciphers and codes, and they found him.

Church should be a dirty word in the US.....

[Hueristic]

Church should be a dirty word in the US.....

It is.

[JayJuanGee]

...clearly denoting what these bigots stood for, and all the misery they caused.

And another one, that just fundamentally "doesn't get it", added to the list.

I should really take a long, LONG break from this place.

Starting to really dislike it here, lately.

I doubt that it is really great to venture into political discussions in a thread like this if you are very passionate about your position, or you take strong positions or you have difficulties accepting that others might have reasonable positions that are somewhat (if not completely) opposite to yours, most likely those opposing views come from different reasons whether value or experience based, and some folks seem to be more capable than others in providing a basis for their position - even though most people don't necessarily list all of the reasons for their position and sometimes might not even realize what all of the bases for their position might be.  Controversial for sure, but also does not seem to rise to the level of ignoring someone who might otherwise provide decent BTC related input from time to time, which remains the main reason why I am here.  

In other words, I hardly give too many shits about what you fucktwats believe about politics, here and there (or the extent that I might agree or disagree - but surely sometimes if some member makes a very insightful or comical political post, I may well still send a merit in that direction because such post may have caused me some ting-a-lingies.. #nohomo), and even Ibian, who may well serve as a person who spouted out quite a few nonsense political hate views, did sometimes provide some decent BTC commentary.. much more rare for roach... just to bash on a couple of the worser case of the outright historical haters in this thread.

[sirazimuth]

Church should be a dirty word in the US.....

It is.

If you keep up with that blasphemous heresy, the almighty invisible sky fairy will smite you
before you can even get on your knees and beg forgiveness for your abominable pagan sin....

[JayJuanGee]

ANYWAY....
to get back off topic.....
Past ten years of bitcoin price on a random July day.

12 July 2010  $.08
1   July 2011   $15.40
12 July 2012   $9.35
14 July 2013   $94.69
13 July 2014   $626.50
12 July 2015   $310.87
10 July 2016   $649.36
16 July 2017   $1929.82
15 July 2018   $6359.64
14 July 2019   $10256.06
10 July 2020   $9179.16


(homemade with tlc and kisses for everyone)
*edit....nohomo....

I am quite skeptical of your word choice: "random"      In other words, I have my doubts about the accuracy of such word choice.  Please describe or show your work regarding how you employed such purported "randomness" in this here instance?  

[edited out   - same post as quoted above]

So only 2019 and 2020 has being the years where the % difference between the 2 years has being the least as compared to over the entire range of series in July. Also staying positive that before the July end we may end up 10k + and finally after long time settle for 5 digit mark which has not being seen from so long. Hope, next year when you mention about July 2021 we may see that in 20k range or more.

Huh?  I had to do a double-take after reading your assessment of the above depicted history, onrise.

In essence, you seem to miss various important areas of the chart with your description of the chart.

For instance, look at 2014 and 2016... the BTC price is pretty close to the same on those two purportedly "random" July dates.  

Doesn't that 2014/2016 BTC price comparison mean anything to you and your assessment based on what is contained in the chart?  

Of course, we have to NOT cause historical BTC price performance to necessarily bias in our assessment of possible future BTC price performance, even though based on totality of various circumstances, BTC price prediction models and seemingly ongoing strong BTC fundamentals, it does seem that $20k or more in July 2021 does seem quite reasonable, even if far from a given. (by the way, BTC price has not had any kind of tendency to get stuck floating around previous ATH price ranges for very long, so it is likely NOT a good idea to presume that BTC might get stuck around previous ATH price ranges, even though it is also possible that this time could be different).

[Searing]

Church should be a dirty word in the US.....

It is.

If you keep up with that blasphemous heresy, the almighty invisible sky fairy will smite you
before you can even get on your knees and beg forgiveness for your abominable pagan sin....

Pagan...be redeemed on this page

https://www.spaghettimonster.org/ Church of the Flying Spaghetti Monster!

https://en.wikipedia.org/wiki/Flying_Spaghetti_Monster#/media/File:Touched_by_His_Noodly_Appendage_HD.jpg



'Invisible Sky Fairy' ...please...that is so 'improbable' as to be laughable!

[sirazimuth]

I am quite skeptical of your word choice: "random"      In other words, I have my doubts about the accuracy of such word choice.  Please describe or show your work regarding how you employed such purported "randomness" in this here instance?   

I just googled a price in July of that year. I didn't really give a phuck what day it was. I fixed my post. We all good now bud?

[Hueristic]

Church should be a dirty word in the US.....

It is.

If you keep up with that blasphemous heresy, the almighty invisible sky fairy will smite you
before you can even get on your knees and beg forgiveness for your abominable pagan sin....

Second time today I have been called a Heretic. Lol

[Hueristic]

[vapourminer]

Church should be a dirty word in the US.....

It is.

If you keep up with that blasphemous heresy, the almighty invisible sky fairy will smite you
before you can even get on your knees and beg forgiveness for your abominable pagan sin....

Pagan...be redeemed on this page

https://www.spaghettimonster.org/ Church of the Flying Spaghetti Monster!

'Invisible Sky Fairy' ...please...that is so 'improbable' as to be laughable!

ceilingcat say "ppppppssssssppppphtttttttt!!!!"

https://en.wikipedia.org/wiki/Lolcat#Recurring_characters

[Hueristic]

Church should be a dirty word in the US.....

It is.

If you keep up with that blasphemous heresy, the almighty invisible sky fairy will smite you
before you can even get on your knees and beg forgiveness for your abominable pagan sin....

I have an intermediary.


https://www.youtube.com/watch?v=OnAeZFLK2vE

[JayJuanGee]

jbreher likes to pump them up too, I wonder why that is?    He might want to chime his picnic bear ass into the mix, as well.    

He tends to support centralization and trusted third partys for some unknown reason.
Makes me wonder sometimes why he purportedly supports bitcoin?

FTFY

I am quite skeptical of your word choice: "random"      In other words, I have my doubts about the accuracy of such word choice.  Please describe or show your work regarding how you employed such purported "randomness" in this here instance?  

I just googled a price in July of that year. I didn't really give a phuck what day it was. I fixed my post. We all good now bud?

Hm?  That's quite a bit more random than I thought it was going to be, so I might have to take back every bad thought that I had about you (or your avatar) in the past couple of hours.  Maybe?  difficult to take back a thought, especially if it happened to have happened in the past.

 

[sirazimuth]

Church should be a dirty word in the US.....

It is.

If you keep up with that blasphemous heresy, the almighty invisible sky fairy will smite you
before you can even get on your knees and beg forgiveness for your abominable pagan sin....

Second time today I have been called a Heretic. Lol

birds of a feather....