Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 13177. (Read 26723820 times)

Fucking manipulators. News about Goldman Sachs was fake.




https://twitter.com/TechCrunch/status/1037913950690713600?s=19
https://twitter.com/CNBCFastMoney/status/1037819606633570304

Party poop.   

Not gonna happen. Sorry.

I hate to get into another debate with you because from experience, I already know that those can devolve into a kind of "holy shit?" place.

I still believe that the jury is out on this, and to me, an assertion of a kind of another one year consolidation period inevitability seems to be attempt to plug this current BTC price correction into a 2014 pattern - and there is no way that anyone knows the cards about where this current consolidation period is going, exactly (even though some folks have been spouting off those kinds of 2014 analogies since December 2017-ish.  These folks also are not going to know, in advance, at what point such consolidation is going to be over, even though wanna-be BTC price sorcerers are not shy about spouting out such seemingly premature 2014 comparison. 

 Seems to me that the prediction problem becomes even more like guessing in circumstances that wanna-be gurus are attempting to draw a pattern too many months into the future (such as 1 year short-to-medium term?). 

So, in that regard, I certainly do not know or presume another year of BTC price consolidation, even if such a scenario could play out and even if such scenario were to have decent chances of playing out...

I am NOT going to concede such an additional 1 year consolidation period being even close to inevitable, even if hypothetically such scenario could have the greatest odds of being the most likely scenario, which, even if we assume such high likelihood of another year of consolidation, would still likely put such scenario below 40% (even if it were to be the most likely scenario out of various possible scenarios)



I don't have a problem agreeing with anyone who is attempting to prepare himself for either price direction... That kind of a practice seems to be prudent.



I am pretty sure that I understand what you are saying here, which is that you have already pretty much pulled out all of the amount of your principle (the amount that you invested); however, with such a great investment like bitcoin, to me, it does come off as a bit lazy for anyone who presumes to be knowledgeable about bitcoin to be just floating around in the space with assertions of "zero costs" when the BTC price has gone from $250 to $19,666 and back down to a bit below $5,800 (so far).  Accordingly, there seems to be a lot of potential (and activism potential) there that is being glossed over, if you are merely asserting "zero costs" without attempting to get into either more specific measures of your investment situation or creating a more active (and perhaps aggressive) BTC investment approach.

What colour do you want to use 

We need to go with this 'at least it is f*cking up!' ALISFU, nope.... Alfup...nope Aliup...close... ALFUP...winner!

ALFUP ...i call it....

(probably a common term and not nerdy enough to know such)

Buying the dip!

$6200.

Last chance! Ever.

#Bullish

C'mon, you know deep down that we are headed for another year of consolidation. For the record I am fine with the price going either direction, since my cost average is still zero (I have gained more dollars than my investment and still have coins left).

haven't we had enough dump, for now?  Seems like it.

Only to build more liquidity on the buy side for the next dump.

Yes... we (WO participants) are all "taking one for the team."  


DireWolf beat me, figuratively.


Yes... surely the fulfillment order will be interesting.... and we might be able to surmise the "favorites" of infofront.   

This Chart is not mine. 
Original post found here

The reversal indicator is true from the previous inverse H+S from June 11-July 16; in which indicated a (temporary)reversal from the down trend. Remember though, charts only show the past. You can only achieve an educated guess for how the future will turn out. And Bitcoin does not usually follow any sensible logic patterns especially with futures markets in play.

I am ONLY happy if either you or Yefi wins; otherwise, unhappy because reasons.

Am I setting myself up for unhappy, Rosewater?       

Learned a valuable lesson long ago. Having a lot of stock in the company for which you work is putting too many eggs in one basket. Double jeopardy.

Of course if you're bound by golden handcuffs...









As opposed to the leather covered ones, of course.

I think I heard that Rick was late to the party.

He must have had help in this exist scam. Perhaps it was coordinated at some point behind the scenes. I think so, at least.

While there are some similarities, you have to admit that people who bought Apple and Amazon stock in the 1990s and held are doing well now. Heck, I remember the days of Darwin, when we used to talk about the R value of Apple stock (the insulation value of the stock certificates when crumpled up and stuffed in your walls) as well as the BTU values of Microsoft stock (how much heat it gives when you burn it).

Still funny today.

I'm sure that by the time he gets to me, he will be a lip smacking pro.

Attaboy, take one for the team.

Tell me if I'm wrong ... but according to what I understand, the head and shoulders pattern is used to indicate a change in the trend. In that sense, the pattern indicated on your graph would not be valid.