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

[El duderino_]

https://www.federalreserve.gov/live-broadcast.htm

[OutOfMemory]

Here is my 2c about that "purple" posts and shooting those who went past them.
In short, it is idiotic, imho.

Your idiot opinion has been noted.

...good luck...

Won't need luck.

If there's any intruders stupid enough to trespass on posted land, in Texas, ignore the warning shot, and keep advancing, I won't be calling the police to the property.

I'll be calling the coroner.

You have absolutely no idea how things work out in the country, do you?

Fuck off you absolutely sheltered statist cuck.

I like rubber bullets best.
Sure, they aren't very precise, but you can still punch the intruder a little until you grab the hot rifle in case he won't back off

[El duderino_]

I see Ant’s

[OutOfMemory]

I see Ant’s

Every decently sized green candle is countered by sellwalls popping up out of nowhere.
I find this pretty tiring. Bulls, it's time to fuck over some bears.

EDIT:
Since my government dropped taxation on trading crypto for crypto, i could trade this easily with 2% of my stash (peanuts, but still makes me more sats), but something in my guts tells me i should not. Almost pulled the trigger at $49.200-ish numbers, but unsure of how low to set buy targets.
Opinions?

[Biodom]

Here is my 2c about that "purple" posts and shooting those who went past them.
In short, it is idiotic, imho.

Your idiot opinion has been noted.

...good luck...

Fuck off you absolutely sheltered statist cuck.

Ignored for stupidity beyond my ability to comprehend.

Now...who is being triggered?
Not the first time too.
This is a thing with people like you. You can't tolerate a difference of opinion.
Immediate regress into name calling, etc.
Be well..ciao.

[dragonvslinux]

I see Ant’s

Every decently sized green candle is countered by sellwalls popping up out of nowhere.

Not surprised, on smaller-time frames traders are selling at resistance (200 MA / VPVR point of control), no doubt after buying support. The classic buy support sell resistance strategy.
If you're day trading, then 4% move on leverage within an hour or so is not a profit to turn down. The current trading range works well for them, until it no longer does at least.

I find this pretty tiring. Bulls, it's time to fuck over some bears.

Still think this consolidation will break to the upside, but requires more long-term confirmation. Accumulators are relatively patient these days, so there isn't a rush. Already had the bounce three times from 200 Day MA, so Daily time-frame is tentatively confirming a pattern of support at this level, even if confirming lower highs. But still waiting for third confirmation of Weekly support, which won't be possible until end of week at earliest.

EDIT:
Since my government dropped taxation on trading crypto for crypto, i could trade this easily with 2% of my stash (peanuts, but still makes me more sats), but something in my guts tells me i should not.
Opinions?

What direction, leveraged long you mean? I wouldn't recommend shorting price at support in a bull market, not until it breaks at least, then a very tight stop loss required to avoid bear trap. If you're talking about shitcoins I'd avoid right now, BTC dominance is bouncing again from support (like in May and September), so is terrible timing as it's still profit-taking season.

Otherwise ttrying to "swim against the tide" as a trader is generally not recommended in markets...

[JayJuanGee]

Who’s selling at bottom ?

Or at -38% ?

Anything from here to lower is considered very very weird to say the least

If we count our November 9th price of $69k as our top, then our $41,967 would have been about a 39% correction, and the price at the time of your post of around $47,620 would have been around the 31% correction zone.

Our current BTC price bouncenings, as I type this post, that have been bouncing between around $48,000 and $49,310 in the past 25 minutes or so would be within about a 28.5% to 30.5% correction range.


What to do?  What to do?


Some people seem confused about what to do. 

Frequently, many of us, and not just yours truly, have attempted to encourage both regular buying no matter what the price in the form of DCA but also buying on dips as a way to attempt to supplement DCA, and surely all of these price correction areas seem to be sufficient amounts of dippenings to at least buy some, and yeah, if there might be more dip, then there should be some attempt to keep some dry powder to be able to buy more on the dip, if you can.. and if some of us (not yours truly) do not feel inclined to buy more lillie fiends on dips or if we have run out of money, then the alternative acceptable strategy would be to HODL through the whole matter..

....and yeah.. I suppose anyone selling in order to hopefully buy back some lillie fiends lower or maybe to attempt to protect themselves from some of their earlier mistakes of buying too much and not having any dry powder available.. may well not have adequately planned.. but who knows? who knows?  Are we here to judge?  sure, maybe sometimes we are.. but sometimes it is also not really very clear about some individual circumstances unless they 'splain their lil selfies.

[dragonvslinux]

Highest 4hr bullish volume on Coinbase since October 20th, nearly two months. Probably nothing 

(Accumulators are exposing themselves)

[Richy_T]

"At least" signifies "bare minimum".

Painting posts entirely purple is absolutely legal and acceptable.

That's "from the ground" though, amigo. Though I think it would be hard to mistake the intention.

[Richy_T]

Why? Because it is completely arbitrary and does not accomplish what is intended.
Assume several scenarios:
1. A visitor from out of state was traveling, went to piss past a purple post. He/she has no idea, thinks that it is some kind of a decoration-bam, wham. Not exactly the same, but in Florida a nice Japanese student visitor was killed through the door when he was simply participating in Halloween celebration.
2. A local drunkard drove his truck past the "signs", went out to do #1 as well...bam..wham!

In both cases, those who do the shootin' would be dragged through the courts, charged with manslaughter, and even IF they prevail, it is DEFINITELY not worth it if lives were not REALLY in danger.
Protect the property? Well, bears and rabbits shit on your property daily with no recourse..well maybe they got shot too from time to time, which is fine.

Additionally, assume scenario #2 happened. If the guy/gal who was shot in this scenario was also local, you would NEVER be safe.
His or her relatives...they got 'them telescope rifles as well, don't ya think?

Again, shooting mere trespassers is not legal in any case. Urban legends, old wives tales and the fact that you would probably get away with it if you weren't completely stupid notwithstanding. It's merely supposed to be a no trespassing sign. Though I do agree that it's really not very good from the point of view of someone who has never heard of this totally non-obvious custom.

By the way, I do recall reading that there were other parts to the Japanese student (though I think that was Texas) that were not being reported (quelle surprise) which, while not making the event particularly better, do shine a different light on things.

[serveria.com]

Let's finally head north and break the freaking $50k....  

[Richy_T]

Here is my 2c about that "purple" posts and shooting those who went past them.
In short, it is idiotic, imho.

Your idiot opinion has been noted.

... exquisite response to the triggerred liberal

... but pretty sure your purple-marked posts need to be some colour other than purple for the bottom 3-5 feet

... I can bring over a tin of black paint and a brush and we'll get to work painting your black bottoms? .... Or is it bottoms black?

Surely the rest of the post would be blue, green, yellow, orange, red for maximum F.U. factor?

[ChartBuddy]

Explanation

[Richy_T]

I heard you guys love McDonald

Probably more like

[JayJuanGee]

Who’s selling at bottom ?

Or at -38% ?

Anything from here to lower is considered very very weird to say the least

Just got a my buy $50 a day in btc going on and on and on.

I will hopefully get out of the 1-10 btc status by Jan 1 2023.

Just like mindrust...


hahahahaha


Remember...


"Yay!!!!!   I just reached 10 BTC... "


Less than 24 hours later....

"I just sold all of my BTC, and I now have 0 BTC."

I know that I should not be such a pessimist, but mindrust so much is a reminder of trials and tribulations that could exist upon reaching such 10 BTC threshold

[edited out]

Every time I read about someone cracking the 10btc mark, I'm forced to think about mindrust. He was so proud of his 10   ...for a few days.

Please note: Not a comparison to you! I read you are mining shit for bit, and that you most likely have a totally different approach to Bitcoin than him.

Hahahahaha

You said it before me, and "shit for bit" is a reasonably fair way of framing the matter.

What will happen of the bears can push this below 45750?

Eek.

I suspect:  Nothing of meaningful consequence, if it were to have had occurred.

[Biodom]

Why? Because it is completely arbitrary and does not accomplish what is intended.
Assume several scenarios:
1. A visitor from out of state was traveling, went to piss past a purple post. He/she has no idea, thinks that it is some kind of a decoration-bam, wham. Not exactly the same, but in Florida a nice Japanese student visitor was killed through the door when he was simply participating in Halloween celebration.
2. A local drunkard drove his truck past the "signs", went out to do #1 as well...bam..wham!

In both cases, those who do the shootin' would be dragged through the courts, charged with manslaughter, and even IF they prevail, it is DEFINITELY not worth it if lives were not REALLY in danger.
Protect the property? Well, bears and rabbits shit on your property daily with no recourse..well maybe they got shot too from time to time, which is fine.

Additionally, assume scenario #2 happened. If the guy/gal who was shot in this scenario was also local, you would NEVER be safe.
His or her relatives...they got 'them telescope rifles as well, don't ya think?

Again, shooting mere trespassers is not legal in any case. Urban legends, old wives tales and the fact that you would probably get away with it if you weren't completely stupid notwithstanding. It's merely supposed to be a no trespassing sign. Though I do agree that it's really not very good from the point of view of someone who has never heard of this totally non-obvious custom.

By the way, I do recall reading that there were other parts to the Japanese student (though I think that was Texas) that were not being reported (quelle surprise) which, while not making the event particularly better, do shine a different light on things.

Yea, it was not Florida, but Louisiana.
https://en.wikipedia.org/wiki/Shooting_of_Yoshihiro_Hattori
The defendant (shooter) stated that japanese guy/boy was 'moving erratically' and did not "freeze". I guess, he did not know that it means "stop immediately".
In the criminal trial-not guilty, in the civil, liable with $650K damages.

[Richy_T]

The defendant (shooter) stated that japanese guy/boy was 'moving erratically' and did not "freeze".

Interesting edit.

Not that I would claim it as a good shoot, just that the media tends to present it as a dude just randomly taking down trick-or-treaters.

[Paashaas]

https://twitter.com/BitcoinMagazine/status/1470777246042501122
https://www.faz.net/aktuell/finanzen/bitcoin-wie-man-die-kryptowaehrung-bald-bei-der-bank-kaufen-kann-17682302.html

[JayJuanGee]

Here is my 2c about that "purple" posts and shooting those who went past them.
In short, it is idiotic, imho.

Your idiot opinion has been noted.

...good luck...

Won't need luck.

If there's any intruders stupid enough to trespass on posted land, in Texas, ignore the warning shot, and keep advancing, I won't be calling the police to the property.

I'll be calling the coroner.

You have absolutely no idea how things work out in the country, do you?

Fuck off you absolutely sheltered statist cuck.

Ignored for stupidity beyond my ability to comprehend.

Of course, you seem to love drama, bob...


And sure would be sad to see your fat ass in jail because you think that your lawyers can keep you out after you shot a guy because he crossed into your parts.

Another thing.. think about all that money in which you could have been enjoying yourself sipping piña colatas, but instead you have too much pride and desire for status that you might not actually have.. and well court battles can take a long time to work out and even a lot of money is not too likely to keep you out a cell for extended periods of time if you are considered the wrong-doer or the provocator in the situation.. even if you believe that you were in the right and you have matters covered.....

Remember Phil Spector?   and of course, there are quite a few other examples of rich (famous and even popular) folks who spent their final years behind bars when they thought that they had matters of their own inwardly-focused privilege all figured out...

Yeah.. I am sure the Texas locals will surely stand behind you for sure.. for sure... oh no.. I forgot, the Texas locals do not matter, and all that matters is that you have rights, privilege and status right?  or is it that you have all your bases covered and there is no way to read the situation in any other way, except that you properly stood your ground, blah blah blah..

[serveria.com]

Why? Because it is completely arbitrary and does not accomplish what is intended.
Assume several scenarios:
1. A visitor from out of state was traveling, went to piss past a purple post. He/she has no idea, thinks that it is some kind of a decoration-bam, wham. Not exactly the same, but in Florida a nice Japanese student visitor was killed through the door when he was simply participating in Halloween celebration.
2. A local drunkard drove his truck past the "signs", went out to do #1 as well...bam..wham!

In both cases, those who do the shootin' would be dragged through the courts, charged with manslaughter, and even IF they prevail, it is DEFINITELY not worth it if lives were not REALLY in danger.
Protect the property? Well, bears and rabbits shit on your property daily with no recourse..well maybe they got shot too from time to time, which is fine.

Additionally, assume scenario #2 happened. If the guy/gal who was shot in this scenario was also local, you would NEVER be safe.
His or her relatives...they got 'them telescope rifles as well, don't ya think?

Again, shooting mere trespassers is not legal in any case. Urban legends, old wives tales and the fact that you would probably get away with it if you weren't completely stupid notwithstanding. It's merely supposed to be a no trespassing sign. Though I do agree that it's really not very good from the point of view of someone who has never heard of this totally non-obvious custom.

By the way, I do recall reading that there were other parts to the Japanese student (though I think that was Texas) that were not being reported (quelle surprise) which, while not making the event particularly better, do shine a different light on things.

Yea, it was not Florida, but Louisiana.
https://en.wikipedia.org/wiki/Shooting_of_Yoshihiro_Hattori
The defendant (shooter) stated that japanese guy/boy was 'moving erratically' and did not "freeze". I guess, he did not know that it means "stop immediately".
In the criminal trial-not guilty, in the civil, liable with $650K damages.

I have no idea why somebody would like to shoot someone obviously not posing any threat, not behaving aggressively or openly carrying a firearm. Sick.