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

[Hueristic]

... some seriously weird behind-the-scenes charts in the gold market.

https://www.kitco.com/lease.chart.html

... the fiat funny farm is tearing itself apart, it's so large, has so much inertia and is taking years to play out that it is almost impossible for any one individual to describe the total collapse in detail.

As an analogy, imagine if something the size of the moon crashed into the earth in ancient times and all the individual reports described their local experience but nobody had satellites or aircraft to get higher level views of the totality of the impact. There would be reports of massive waves, floods, clouds of dust reaching to the sky, fireballs streaking across hellscapes, earthquakes and ground runctions that threw people hundreds of meters, mountain ranges either appearing or disappearing on the horizon. The reports would read like an alternate reality to someone living in 'normal' times. This is what it is going to be like for a collapse of the global fiat reserve monetary system, generally craziness on a grand scale in all economic and financial affairs.

Until we see thousands fat cat bankers in NYC jumping from high rise buildings en masse, we're not even close yet.

That will be the sign.

I look forward to the day it rains assholes.

https://www.youtube.com/watch?v=MtvpXr9O0J4

This is BadAss!

[Phil_S]

Oh boy...

Are we going to see an attack on 10500 today?

[LFC_Bitcoin]

Oh boy...

Are we going to see an attack on 10500 today?

El Duderino Stifler meme loading.....

[JayJuanGee]

After so much time in a tight range, these moves are making me seasick ! In a good way though, especially since they're upwards.

I realize that you have been BTC trading a tight range for a decently long time, aesma.  

Hopefully, you have created a laddering system that does not cause you to try to be too greedy by selling too much BTC too soon and hoping for the BTC price to go down in order to feel comfortable with the amount of BTC that you had sold when the BTC price seems to NOT really be correcting and at the price that you sold it.

In times like this, it tends to be better to have a somewhat conservative selling amount because the amount of fiat that can end up getting stacked (because the BTC price keeps going up without any meaningful correction) can start to really pile up in such a way that you need to strive to create a system that is ultimately comfortable with letting go of your sales and having had piled decently large fiat reserves, even if the BTC price never comes back down to your various sales prices.

Looks like the breakout is confirmed. About a month before i would have expected it, BUT i adjusted my lines last time by the end of 2019.
When i correct them, support would be higher and completes the triangle by end of june. BAM  

It's like honey badger sent you a slappo in the face message:  "Fuck lines!!!!!!"


 

Until we see thousands fat cat bankers in NYC jumping from high rise buildings en masse, we're not even close yet.

That will be the sign.

Never worry about the bankers: They will get the message and scoop up all the coinz just before the implosion. Feel more sad about the poor person who cashed in their bitcoin for a few measly Hookers, Lambos and blow.

FTFY

[AlcoHoDL]

...but his mind was all rusted...
...it was Masterluc he trusted...

[...]

And if all of the above hasn't made you, mindrust,
Reconsider, and quickly get some corn in your stash,
It won't be r0aches or ants,
At the seat of your pants,
But the boot of a HoDLer in your stubborn fat ass!

[Phil_S]

[jojo69]

https://www.youtube.com/watch?v=yge311sFhC8

[cAPSLOCK]

I am going to watch this over and over for the next ... oh... couple years, I imagine.

https://www.youtube.com/watch?v=nJeddv1QbeQ

(Bawb, I miss you.  Maybe just a *little* bit homo?)

[AlcoHoDL]

Guys 'n' gal...

It's pampening!

[cAPSLOCK]

We are the new richie, gentlemen.

We are all Richie.

Or his ghost, Casper. If BTC goes below 1k

That's crazy.  I never noticed that Richie and Caspar are basically the same dude.  Is that a thing?  Or a coincidence?

[JimboToronto]

ayh

[El duderino_]

[El duderino_]

[cAPSLOCK]

Every big bull run after the first one (Which I did not really see start, talking about the $0-$30 miracle circa 2011) the tensions in the BTC community would build to a fevered pitch with people eventually becoming stress volcanos and then BOOM...  

De bool beegan hees rrrun!

Many of you here can remember how everyone was so angry at each other here and on twitter back in early 2017.  Blocksize debate and all the things that didn't even make sense.

Well i did not want to jinx us, and I do not think I am powerful enough to.

But I feel like Bob had to sacrifice himself on the angry altar for us to truly get this firework lit this time.  That's what it took...  and mad as he may be right now for *reasons* whatever that means.  So unless I am wrong, and I am sorry if I am...

BobLawblaw will forever be remembered as the man who lit the fuse on this cycles rocket.

It will go down in BTC history.  It's possible students in the future will consider his sacrifice as Americans have considered the sacrificial things the founding fathers did at the start of their country.

Someone had to do it... he did it.  I sure hope he gets much better and eventually comes back while we all wave palms and throw confetti.  But NOT TOO SOON DAMNIT.  For now he should keep smoldering and posting his whale-move updates.
 

I am going to watch this over and over for the next ... oh... couple years, I imagine.

https://www.youtube.com/watch?v=nJeddv1QbeQ

(Bawb, I miss you.  Maybe just a *little* bit homo?)

[LFC_Bitcoin]

Sex is great but have you ever HODLED through a hideous bear market with heavy bags & now beginning to see the start of the impending face melting, once in a lifetime bull run?

[Phil_S]

That's crazy.  I never noticed that Richie and Caspar are basically the same dude.  Is that a thing?  Or a coincidence?

Bart: You know what I think ? I think Casper's the ghost of Richie Rich.
Lisa: Hey, they do look alike.
Bart: I wonder how Richie died.
Lisa: Perhaps he realized how hollow the pursuit of money is and took his own life.

[wxa7115]

... some seriously weird behind-the-scenes charts in the gold market.

https://www.kitco.com/lease.chart.html

... the fiat funny farm is tearing itself apart, it's so large, has so much inertia and is taking years to play out that it is almost impossible for any one individual to describe the total collapse in detail.

As an analogy, imagine if something the size of the moon crashed into the earth in ancient times and all the individual reports described their local experience but nobody had satellites or aircraft to get higher level views of the totality of the impact. There would be reports of massive waves, floods, clouds of dust reaching to the sky, fireballs streaking across hellscapes, earthquakes and ground runctions that threw people hundreds of meters, mountain ranges either appearing or disappearing on the horizon. The reports would read like an alternate reality to someone living in 'normal' times. This is what it is going to be like for a collapse of the global fiat reserve monetary system, generally craziness on a grand scale in all economic and financial affairs.

Until we see thousands fat cat bankers in NYC jumping from high rise buildings en masse, we're not even close yet.

That will be the sign.

Another good sign is when people begin to use their money as toilet paper or set it on fire to keep themselves warm during the winter.

[AlcoHoDL]

It's happening, guys 'n' gal...

This just feels so right... It has to be the one!

[suchmoon]

Oh boy...

Are we going to see an attack on 10500 today?

Observing ten-six... kind of.

[aesma]

BOOM ! 10600$