Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 11379. (Read 26725856 times)

legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
Would you say, hypothetically, if BTC prices are able to convincingly break above $4k, then 1) such prices will not necessarily get repelled at the $4,200 level again, or 2) maybe have the next challenge at $4,500 or 3) there is no real resistance until getting in the upper $4k arena or sub $5k arena?

Hitting and holding $4k will be a huge victory but nothing will be easy after that either.  I have previously said it will take until December for us to reach and hold $6k and we will have to fight every step of the way.  This will be a war of attrition and accumulation.  

It will not be pretty but it will be upward on average.

O.k.  Fair enough.  That's in the ballpark of my thinking too in terms of the kind of expected price battle on the way up between here and $6k-ish, but I would like to think that I am less wedded than you regarding any kind of exacting timeline within a kind of fractal comparison of how long the battle will take.

As far as I am concerned, the fractal comparisons can take a flying hike (look at me, G-rated language) - though I will still likely continue to ask you, from time to time, about whether you consider that we are still within the parameters of the fractal, as you see it, especially since so far in this current price correction cycle there have been considerably decent and eerily comparable BTC price performance within this correction cycle as compared with the last one. 

In other words, I hate relying upon such similar performance (and expectations of such), even though such BTC price direction largely seems to be continuing to take place in that pattern following way.
copper member
Activity: 2898
Merit: 1465
Clueless!
Fourth consecutive week closed in the green... and I still have no fucking idea what the price is gonna do next. Bleh. If at least I had the balls to aggressively scalp around this range....


Welcome to my world...befuddled...hodl'ing but befuddled on 2019, especially with the mt. gox dump in May 2019..I think it is?
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
It will probably take a least a year after the halvening for the price to fully respond to the supply side shock.  So 2021 not 2020. New ATH at the very end of 2020 if we are lucky.
Hat family members are very lucky. Wink
hero member
Activity: 605
Merit: 634

I built a small one, they are very accurate, once you get the sling length/pin release worked out, counterweight and projectile weight dialed in. I can hit a monitor with a marble 4 cubes away, 10 out of 10 tries. GTFO with your nerf guns, I have a siege weapon...
You can hit a monitor how far? What’s a cube? Lol a typo?  Yet Another Silly Non SI unit?

Sorry, that's tech worker slang. A cube is a cubicle, an office working environment. A monitor is a computer viewing device. A monitor lizard would not be impressed by being hit with glass marbles at all, and only annoy it. https://en.wikipedia.org/wiki/Monitor_lizard

A nerf gun is a safe and legal toy. Siege weapons were used since 429 BC, to break down fortified environments. Sometimes, instead of breaking down the castle wall, they would just hurl a dead cow inside a castle, and wait for them to all die from disease. https://en.wikipedia.org/wiki/Siege_engine

If the king sent a messenger with an offer that was refused, they would sometimes just fling the messenger against the castle wall in response. Don't kill the messenger?

EDIT: Just now looked, a Trebuchet was apparently a 4BC Chinese invention, despite the French sounding name. https://en.wikipedia.org/wiki/Trebuchet

EDIT AGAIN: I even named my small toy trebuchet. I called it "The Duke of Hurl" You can experiment with parameters here, safely.  http://www.virtualtrebuchet.com/
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
It will probably take a least a year after the halvening for the price to fully respond to the supply side shock.  So 2021 not 2020. New ATH at the very end of 2020 if we are lucky.
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
Would you say, hypothetically, if BTC prices are able to convincingly break above $4k, then 1) such prices will not necessarily get repelled at the $4,200 level again, or 2) maybe have the next challenge at $4,500 or 3) there is no real resistance until getting in the upper $4k arena or sub $5k arena?

Hitting and holding $4k will be a huge victory but nothing will be easy after that either.  I have previously said it will take until December for us to reach and hold $6k and we will have to fight every step of the way.  This will be a war of attrition and accumulation.  

It will not be pretty but it will be upward on average.
$4K or $6K by Decemeber 2019,the price will reach new heights on the next halving so we need to ready for the another bull run before end of 2020.

Am I right?
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
Would you say, hypothetically, if BTC prices are able to convincingly break above $4k, then 1) such prices will not necessarily get repelled at the $4,200 level again, or 2) maybe have the next challenge at $4,500 or 3) there is no real resistance until getting in the upper $4k arena or sub $5k arena?

Hitting and holding $4k will be a huge victory but nothing will be easy after that either.  I have previously said it will take until December for us to reach and hold $6k and we will have to fight every step of the way.  This will be a war of attrition and accumulation.  

It will not be pretty but it will be upward on average.
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
I wonder how much anxiety there is about breaking above $4k?

Odds seem in favor of it, currently.

On the other hand, should we just be taking up other hobbies for a few months.. and maybe we bounce in a kind of narrow range?  What would that range be?  $3,600 to $4,200?  

It seem to me that there is a desire to bounce between $4,000 and $4,500 - your results may vary.


........... aaaaaaaannnnnnnddddddd   the next 12 hours are critical.



The bearline sits at $4k. We won’t take $4k without a fight. But we have a golden cross on the 50 / 100 MA to lift us into the fight.  (Crossing of yellow and orange lines).



Would you say, hypothetically, if BTC prices are able to convincingly break above $4k, then 1) such prices will not necessarily get repelled at the $4,200 level again, or 2) maybe have the next challenge at $4,500 or 3) there is no real resistance until getting in the upper $4k arena or sub $5k arena?  

Even though I recognize that you have been decently successful with you lines on a chart, I don't necessarily want to get caught up with those lines, too much.. but anyhow, I still come up with  tentative theories, and currently, I am still thinking that there is decent chances that we experience significant resistance at each of the 3 points that I describe above (assuming that we end up breaking through $4k in the coming 12 to 48hours).  

My theories are based on quasi-SOMA principles (term kind of trade marked by d_eddie, of course).
legendary
Activity: 3620
Merit: 4813
Samsung Pay will integrate cryptocurrencies for 10 million users.

https://www.ccn.com/samsung-pay-10m-users-integrate-crypto
legendary
Activity: 2380
Merit: 17063
Fully fledged Merit Cycler - Golden Feather 22-23

I built a small one, they are very accurate, once you get the sling length/pin release worked out, counterweight and projectile weight dialed in. I can hit a monitor with a marble 4 cubes away, 10 out of 10 tries. GTFO with your nerf guns, I have a siege weapon...
You can hit a monitor how far? What’s a cube? Lol a typo?  Yet Another Silly Non SI unit?
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
I wonder how much anxiety there is about breaking above $4k?

Odds seem in favor of it, currently.

On the other hand, should we just be taking up other hobbies for a few months.. and maybe we bounce in a kind of narrow range?  What would that range be?  $3,600 to $4,200?  

It seem to me that there is a desire to bounce between $4,000 and $4,500 - your results may vary.


........... aaaaaaaannnnnnnddddddd   the next 12 hours are critical.



The bearline sits at $4k. We won’t take $4k without a fight. But we have a golden cross on the 50 / 100 MA to lift us into the fight.  (Crossing of yellow and orange lines).

legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"

I saw this one the other day, and I did not want to say anything.



Looks like a wind-up catapult. Trebuchets are better, but the increased acceleration could burst the blood vessels in your eyes, before you leave the sling. Don't try this at home.
https://www.youtube.com/watch?v=mo_oigyFlTA

The acceleration is so great, that it can extinguish a burning piano, before it leaves the sling:
https://www.youtube.com/watch?v=6Rn8jBzsg9U

I built a small one, they are very accurate, once you get the sling length/pin release worked out, counterweight and projectile weight dialed in. I can hit a monitor with a marble 4 cubes away, 10 out of 10 tries. GTFO with your nerf guns, I have a siege weapon...


Oh my!!!!   

I think that I value my life (even if I were younger and more risk-taking) way too much to take any of those kinds of risks.   Probably, I am in the 99% in that regard.

Really looks dangerous, that Trebuchets, and the amount of power that seems to be generated (even if you assert that their throw is quite accurate).
hero member
Activity: 605
Merit: 634

I saw this one the other day, and I did not want to say anything.



Looks like a wind-up catapult. Trebuchets are better, but the increased acceleration could burst the blood vessels in your eyes, before you leave the sling. Don't try this at home.
https://www.youtube.com/watch?v=mo_oigyFlTA

The acceleration is so great, that it can extinguish a burning piano, before it leaves the sling:
https://www.youtube.com/watch?v=6Rn8jBzsg9U

I built a small one, they are very accurate, once you get the sling length/pin release worked out, counterweight and projectile weight dialed in. I can hit a monitor with a marble 4 cubes away, 10 out of 10 tries. GTFO with your nerf guns, I have a siege weapon...
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
I wonder how much anxiety there is about breaking above $4k?

Odds seem in favor of it, currently.

On the other hand, should we just be taking up other hobbies for a few months.. and maybe we bounce in a kind of narrow range?  What would that range be?  $3,600 to $4,200? 

It seem to me that there is a desire to bounce between $4,000 and $4,500 - your results may vary.


........... aaaaaaaannnnnnnddddddd   the next 12 hours are critical.

hero member
Activity: 605
Merit: 634
14-Year-Old WinRAR Exploit Allegedly Threatens Crypto Wallets
[snip]
Alternatives:
7-Zip
Winzip

I feel your pain. Better Alternatives?
Don't use Winderrs.
hero member
Activity: 994
Merit: 707
No.

You rebel (or should I say "cunt"?).

You backed up your point, very clearly and unambiguously.   Roll Eyes

Salty Cunt  Wink Grin
legendary
Activity: 1834
Merit: 4197
Another week goes by and bitcoin continues to show moderate gains and volume as signs of thawing slowly spread through the market.

I am not sure I would say our ship is sailing..but there is a definite yacht leaving the harbor.  #dyor
1h


Classic pincer move upcoming to penetrate resistance. That being said, I truly think the next couple of weeks and how we deal with the upcoming downtrend line will define the market for the rest of the year. #btd
3h


You have to wonder when we are going to challenge this 100 day MA on the daily chart. I think sooner rather than later.
D


While not a perfect picture yet the bottom is much more clearly defined then we have seen so far.  The upward bulge in the cloud in mid August is showing a growing level of support at the $4.5k range.
W

#stronghands'19
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
JJG goes surfing



I saw this one the other day, and I did not want to say anything.

hero member
Activity: 994
Merit: 707
Hey Lambie,

Here's some pro advice on how to deal with JJG (it seems he's got an ODD):

It's a personality issue that even has a fancy name: Oppositional Defiant Disorder (ODD). People who have this can be the most incredibly annoying people in the world. I've had my share of having to deal with them. I've found that the best strategy is this:

* Watch for a repeating pattern in the argument. There's always going to be one, because the number of points to be made on any topic is finite and usually quite small. As soon as you notice that you're going back over points already made, stop the conversation and say, "Ok, we've discussed this already and now we're going around in circles. Let's just agree to disagree." Needless to say, they won't agree with that. But you've made your position clear; you're now free to walk away with honour and leave them talking to themselves.
 
* If they don't let you walk away, you have to pull the big guns: "Look, I've already made it clear that I don't want to discuss this any more. This is the last time I'll ask you to stop politely."

* Your strategy of simply remaining silent is ineffective, because they think it means you're listening receptively to their wisdom and just keep on yakking until you quietly go out of your mind.

Hope it helps!  Cool

Hello Serveria.com

Thank you for the thoughtful and interesting post.  Smiley I will look into this disorder. It sounds like you nailed it.



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