Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 27543. (Read 26711397 times)

legendary
Activity: 896
Merit: 1000
legendary
Activity: 1414
Merit: 1000
HODL OR DIE
Another dump soon?

What's so special about 580-600 that we can't cross it?

$560 is support level imo. We busted the long term down trend at $480 and smashed though $560 pretty readily. There has been some resistance to $600, testing twice, but the market is at odds so we are going sideways. Next resistance point $625 so if we stay above $560 and consolidate we should see another move up.
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
Huge surge in thread pages -- next stop 7000 Wink

I think we are going to hit an thread page count ATH in the next 3 days ...very bullish on thread page count Cheesy

I'm extremely bullish on this thread's page count.  To the moon!!

I dunno.  Remember the goat incident?  The Great Page Count Crash of 2014.  But...magic monkey refuses to comment on page counts.  Since Monkey mostly only does reversals, that's pro-trend.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 672
Merit: 500
Can someone make a browser plugin or something that will completely remove that Stolfi guy his name and posts?
hero member
Activity: 672
Merit: 500
Another dump soon?

What's so special about 580-600 that we can't cross it?
sr. member
Activity: 434
Merit: 250
1. Since the last post BY @JorgeStolfi some six hours and four pages ago,  there may have been 30 posts ABOUT @JorgeStolfi.  I am flattered and moved.  Sorry @fonzie, but as the poet wrote

  Cesse tudo o que a antiga Musa canta
  Que outro valor mais alto se alevanta  Cheesy

2. Thanks again for the offer, but I would rather not have any bitcoins, and I do not intend to help distributing bitcoins to anyone, my students or not.  I am sure you will find charities or other worthy projects that will make much better use of the money.

3. I got to 65k tweets before knowing about bitcoin; mostly on politics, a bit of thechnology, humor, etc.  I was looking forward to commemorate my 65535th tweet, but then Twitter switched to the approximate "65K" count format.  Darn. But I was bored of politics anyway and decided to take a long twitter vacation.  By the way, it was through Twitter (specifically @falkvinge's tweets) that I first learned of bitcoin.  Since December I have been mostly wasting the stolen taxpayer's money here instead, using twitter only once in a while to warn people about bitcoin.

4. Why do people assume that I "still do not understand" bitcoin?  In my view, it is the shrillest bitcoin enthusiasts who do not understand much about it and how the world works.  Like those who still claim that bitcoin will let people evade taxes and buy illegal things, or that bitcoin is a safer investment than plain cash, or that China is irrelevant, or that the volume in the blockchain shows that people are using bitcoin --- or that the right technology, by itself, can save people from corrupt politicians and greedy bankers.

Could you post in point form (as you have done above) why you are skeptical on the long term success of bitcoin? I have seen you criticizing bitcoin but other than saying its success is limited, you do not seem to say why. It would be insightful to understand the reasons of failure from your point of view.
hero member
Activity: 672
Merit: 500
I really want the bitcoin price to skyrocket. I am saving up for a triple monitor setup and right now i have ~0.23 BTC, and I want the price to be at LEAST 1000$ when I cash out, until then, I won't be cashing out, and I will be left with less money to spend...

0.23BTC @ 1000$ won't even buy you 1 really good monitor. Why would you need 3 monitors to watch the price?

350 dollars or so will buy you an amazing 27 inch screen. The same one Apple fanboys pay a 1000 dollars for.
hero member
Activity: 672
Merit: 500
legendary
Activity: 1512
Merit: 1000
@theshmadz
I really want the bitcoin price to skyrocket. I am saving up for a triple monitor setup and right now i have ~0.23 BTC, and I want the price to be at LEAST 1000$ when I cash out, until then, I won't be cashing out, and I will be left with less money to spend...

0.23BTC @ 1000$ won't even buy you 1 really good monitor. Why would you need 3 monitors to watch the price?
$230 = .23BTC = 1 Korean 27" 2560x1440 IPS monitor... ? (if you are lucky)

So you need it to be more like $4000.

Sounds like he just needs more bitcoin. Tongue

nah, this is where deflationary currency meets deflationary products.


deflationary products:
"you mean to tell me, that I can buy a TV that's twice as good (4K or whatever) next year for the same price as this piece of crap you want to sell me today?

deflationary currency:
"and now you're trying to tell me that the thousand bucks I spent last year on that piece of crap TV is now worth ten thousand?!?!???"


ah whatever, it's a crappy metaphor, it seemed cool when I started typing, I guess that happens when you're drunk and you think all your thoughts are worth posting.
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
Its obviously a W bottom - will breakout soon Wink

chart?  Smiley

the bounce up from the 550/551 level seems like a correction to me. looks like we might head down from here. what do you guys think?




If you are NOT trolling, you seem to be too short term, in your thinking/charting.

i am saying that the bounce = corrective in formation. this suggests that the dominant direction is down. it has nothing to do with short term/long term, but rather the formation of the waves.

http://www.elliottwave.net/educational/basictenets/basics3.htm


You are likely more of an expert than me about the short-term technicals, and I tend to be more interested in the longer-term trends, b/c the short term seems to be all over the place.... and the price has been down for so long, I am of the belief that there is quite a bit of pent up demand - so long as people begin to sense that the price is going up.... but yes, I agree that there may be some ambiguity, especially depending upon the length of time of the chart's snapshot. 

For me, if the odds appear greater than NOT that the price will go down, I may wait to buy, but I may NOT sell unless it seems fairly certain for a 8-10% downward movement.... So what to do, would depend upon confidence level, and I do NOT consider myself a trader... except maybe for the big trends.





sr. member
Activity: 294
Merit: 250
I really want the bitcoin price to skyrocket. I am saving up for a triple monitor setup and right now i have ~0.23 BTC, and I want the price to be at LEAST 1000$ when I cash out, until then, I won't be cashing out, and I will be left with less money to spend...

0.23BTC @ 1000$ won't even buy you 1 really good monitor. Why would you need 3 monitors to watch the price?
$230 = .23BTC = 1 Korean 27" 2560x1440 IPS monitor... ? (if you are lucky)

So you need it to be more like $4000.

Sounds like he just needs more bitcoin. Tongue
legendary
Activity: 896
Merit: 1000
I really want the bitcoin price to skyrocket. I am saving up for a triple monitor setup and right now i have ~0.23 BTC, and I want the price to be at LEAST 1000$ when I cash out, until then, I won't be cashing out, and I will be left with less money to spend...

0.23BTC @ 1000$ won't even buy you 1 really good monitor. Why would you need 3 monitors to watch the price?
$230 = .23BTC = 1 Korean 27" 2560x1440 IPS monitor... ? (if you are lucky)

So you need it to be more like $4000.
legendary
Activity: 1792
Merit: 1121
I really want the bitcoin price to skyrocket. I am saving up for a triple monitor setup and right now i have ~0.23 BTC, and I want the price to be at LEAST 1000$ when I cash out, until then, I won't be cashing out, and I will be left with less money to spend...

0.23BTC @ 1000$ won't even buy you 1 really good monitor. Why would you need 3 monitors to watch the price?
full member
Activity: 230
Merit: 100
Huge surge in thread pages -- next stop 7000 Wink

I think we are going to hit an thread page count ATH in the next 3 days ...very bullish on thread page count Cheesy

I'm extremely bullish on this thread's page count.  To the moon!!
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1512
Merit: 1000
@theshmadz
I really want the bitcoin price to skyrocket. I am saving up for a triple monitor setup and right now i have ~0.23 BTC, and I want the price to be at LEAST 1000$ when I cash out, until then, I won't be cashing out, and I will be left with less money to spend...

I don't give advice, but I would wait until at least 2000, but that's just me.
legendary
Activity: 1512
Merit: 1000
@theshmadz
1. Since the last post BY @JorgeStolfi some six hours and four pages ago,  there may have been 30 posts ABOUT @JorgeStolfi.  I am flattered and moved.  Sorry @fonzie, but as the poet wrote

  Cesse tudo o que a antiga Musa canta
  Que outro valor mais alto se alevanta  Cheesy

2. Thanks again for the offer, but I would rather not have any bitcoins, and I do not intend to help distributing bitcoins to anyone, my students or not.  I am sure you will find charities or other worthy projects that will make much better use of the money.

3. I got to 65k tweets before knowing about bitcoin; mostly on politics, a bit of thechnology, humor, etc.  I was looking forward to commemorate my 65535th tweet, but then Twitter switched to the approximate "65K" count format.  Darn. But I was bored of politics anyway and decided to take a long twitter vacation.  By the way, it was through Twitter (specifically @falkvinge's tweets) that I first learned of bitcoin.  Since December I have been mostly wasting the stolen taxpayer's money here instead, using twitter only once in a while to warn people about bitcoin.

4. Why do people assume that I "still do not understand" bitcoin?  In my view, it is the shrillest bitcoin enthusiasts who do not understand much about it and how the world works.  Like those who still claim that bitcoin will let people evade taxes and buy illegal things, or that bitcoin is a safer investment than plain cash, or that China is irrelevant, or that the volume in the blockchain shows that people are using bitcoin --- or that the right technology, by itself, can save people from corrupt politicians and greedy bankers.

cheers stolfi.

I was always wondering if old dogs could learn new tricks.

Now I realize that they can't, and that the new tricks must be beaten into them.

I hope that your own personal transition from the old system into the new one is not too bumpy.
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
hero member
Activity: 574
Merit: 500
Huge surge in thread pages -- next stop 7000 Wink

I think we are going to hit an thread page count ATH in the next 3 days ...very bullish on thread page count Cheesy

Maybe we'll achieve thread page parity this summer  Cheesy

We can only hope as I am saving up for a professional thread page counter I have on pre-order Cheesy
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