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Topic: Wall Observer BTC/USD - Bitcoin price tracking&discussion (Anarchy) - page 2. (Read 2648 times)

legendary
Activity: 1281
Merit: 1000
☑ ♟ ☐ ♚
Breaking out of the triangle here ... could get some powerful moves now I'm thinking.

I hope it's not a fake out. It could very well be, because all the Future of Bitcoin-drama.
legendary
Activity: 1843
Merit: 1338
XXXVII Fnord is toast without bread
It looks to me like this triangle around $2500 (bitstamp) might be going to resolve by the end of the weekend ... it's getting coiled up quite tight now.

Anyone else got lines on charts to confirm this ...?
Yeah, I am also seeing a triangle formation.  I am expecting it to break downwards however...
I would be surprised if it broke out from the triangle in an upward fashion. The market will likely go sideways for the next 3-4 weeks, meaning no more major volatility .
Look to early September for the next major movements.

Edit:
(Insert chart here)

legendary
Activity: 2772
Merit: 2846
It looks to me like this triangle around $2500 (bitstamp) might be going to resolve by the end of the weekend ... it's getting coiled up quite tight now.

Anyone else got lines on charts to confirm this ...?
Yeah, I am also seeing a triangle formation.  I am expecting it to break downwards however...

Why downwards? We have been in a bull market for months, and each time people thought it couldn't go higher it went higher. Is there some TA behind your reasoning, or just a gut feeling?
The setup looked very bullish TA-wise a while ago (around the highs) so I expected a nice leg up, yet we broke down.  Like Yefi also noted earlier, it looks like we are losing momentum.  If you are at the start of the bull run, I don't have an issue with that.  When you are in full bubble mode, losing steam raises serious red flags. 
I have been wrong before though, lost a big leveraged short position when it went up after going below 1000 on hardforking concerns.

Most of the times I got it right were down to pure luck, and I got it wrong too many times to mention. However, looking at the six month chart there were lots of slow rises and falls, apart from in May/June. I'm betting on a slow gradual move whichever way it goes.
legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
It looks to me like this triangle around $2500 (bitstamp) might be going to resolve by the end of the weekend ... it's getting coiled up quite tight now.

Anyone else got lines on charts to confirm this ...?
Yeah, I am also seeing a triangle formation.  I am expecting it to break downwards however...

Why downwards? We have been in a bull market for months, and each time people thought it couldn't go higher it went higher. Is there some TA behind your reasoning, or just a gut feeling?
The setup looked very bullish TA-wise a while ago (around the highs) so I expected a nice leg up, yet we broke down.  Like Yefi also noted earlier, it looks like we are losing momentum.  If you are at the start of the bull run, I don't have an issue with that.  When you are in full bubble mode, losing steam raises serious red flags. 
I have been wrong before though, lost a big leveraged short position when it went up after going below 1000 on hardforking concerns.
legendary
Activity: 2772
Merit: 2846
It looks to me like this triangle around $2500 (bitstamp) might be going to resolve by the end of the weekend ... it's getting coiled up quite tight now.

Anyone else got lines on charts to confirm this ...?
Yeah, I am also seeing a triangle formation.  I am expecting it to break downwards however...

Why downwards? We have been in a bull market for months, and each time people thought it couldn't go higher it went higher. Is there some TA behind your reasoning, or just a gut feeling?
legendary
Activity: 1260
Merit: 1116
That guy is psychopath

His rant was just puffed-up bluster and sound bites. He's honestly a hopeless communicator. And sort of a dick.
legendary
Activity: 1260
Merit: 1116
We need some volunteers, particularly to my mind for option 3. original thread rules are too restricive
I volunteer the following

marcus_of_augustus
BlindMayorBitcorn
infofront

^these seem the least controversial.
these i wouldn't care for:

Lauda
Meuh6879

We'd make a great team lol. Srsly tho, I just hang around cracking wise. So long as he keeps a light hand, I think Marcus has earned it. I would be willing to delete the r0ach's Hitler memes on principle, however.
legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
It looks to me like this triangle around $2500 (bitstamp) might be going to resolve by the end of the weekend ... it's getting coiled up quite tight now.

Anyone else got lines on charts to confirm this ...?
Yeah, I am also seeing a triangle formation.  I am expecting it to break downwards however...
hero member
Activity: 576
Merit: 503

PS: Is there a moderation log capability on bitcointalk? I prolly should know by now, but I don't. Smiley



Yes, you can view the latest post deletions, bans, and thread removals here. The list only holds the last day or two's moderation actions. After that I don't think there's a way for ordinary users to view them any more.

https://bitcointalk.org/modlog.php

PS: I'm pleased the price is back above $2500. Let's hope it stays above it for the rest of the weekend.

Ok. Thanks for that.
Hope I remember to check there next time some mod question arises.

I, too, am pleased at the price considering the never ending array of battles bitcoin seems to need to fight.
legendary
Activity: 2772
Merit: 2846

PS: Is there a moderation log capability on bitcointalk? I prolly should know by now, but I don't. Smiley



Yes, you can view the latest post deletions, bans, and thread removals here. The list only holds the last day or two's moderation actions. After that I don't think there's a way for ordinary users to view them any more.

https://bitcointalk.org/modlog.php

PS: I'm pleased the price is back above $2500. Let's hope it stays above it for the rest of the weekend.
legendary
Activity: 2604
Merit: 1748
Theymos is asking for a list of who might want to take over the old WO thread:

If option 1 or 3 occur, who are the candidates for new listed owner / mods? Someone please compile a list.

Anyone interested?
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
The guy is a lunatic, I wish he'd crawl up behind a rock somewhere & die. Any way, I hope this Wall Observer stays unlocked. The original was my favourite thread on the whole forum.

Price wise I think we will have a period of sideways before a significant swing either way dependent on what happens 1st August.  
legendary
Activity: 1652
Merit: 4392
Be a bank
If option 1 or 3 occur, who are the candidates for new listed owner / mods? Someone please compile a list.
Of all the predictions going around, this one looks the most realistic to me. Segwit activation and lack of a soft fork on Aug. 1 will result in a breakout of the pennant being created now.


TA is all fine and dandy but i don't see a break out based on market sentiment until Nov 18: https://medium.com/@jimmysong/segwit2x-what-you-need-to-know-about-the-2mb-hard-fork-27749e1544ce
hero member
Activity: 576
Merit: 503
Thanks for being prepared to put a lot of effort into moderating this.

I think we are going sideways this week, range bound between £2500 and $2600. I can't see any significant walls on stamp, which usually indicates nobody's sure which way it will go.

Not sure how much effort it will be going into it  Grin ... it will definitely be 'light touch' moderation (no hard slaps).

I screwed up the first go around by forgetting to click the "self-moderated" button so locked that ... it all adds to the forking anarchy confusion which is a good thing. Ultimately we need the original re-opened but this will be a possible option in case that doesn't happen.

This looks like the thread I'd rather read.

Thx for committing time to it, and for committing to the light touch moderation.

PS: Is there a moderation log capability on bitcointalk? I prolly should know by now, but I don't. Smiley

hero member
Activity: 576
Merit: 503

Quote
I’m Sorry.

I believed that I could do this. I believed that I could put the years of anonymity and hiding behind me. But, as the events of this week unfolded and I prepared to publish the proof of access to the earliest keys, I broke. I do not have the courage. I cannot.

When the rumors began, my qualifications and character were attacked. When those allegations were proven false, new allegations have already begun. I know now that I am not strong enough for this.

I know that this weakness will cause great damage to those that have supported me, and particularly to Jon Matonis and Gavin Andresen. I can only hope that their honour and credibility is not irreparably tainted by my actions. They were not deceived, but I know that the world will never believe that now. I can only say I’m sorry.

And goodbye.



Checking the flexibility of the rules on double posts here ... Smiley

Anyone who knows some math or physics will recognize the equations on that black(clear?)board as being complete rubbish. I wonder what the guy really knows and which qualifications came from breakfast cereal packets.
legendary
Activity: 1260
Merit: 1116
legendary
Activity: 2842
Merit: 1511
The number of Wall Observer threads appears to be growing faster than Craig's patent claims.  Tongue
legendary
Activity: 1862
Merit: 1530
Self made HODLER ✓
That guy is psycopath.

Kraken margin pool is dry again.

legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo

Quote
I’m Sorry.

I believed that I could do this. I believed that I could put the years of anonymity and hiding behind me. But, as the events of this week unfolded and I prepared to publish the proof of access to the earliest keys, I broke. I do not have the courage. I cannot.

When the rumors began, my qualifications and character were attacked. When those allegations were proven false, new allegations have already begun. I know now that I am not strong enough for this.

I know that this weakness will cause great damage to those that have supported me, and particularly to Jon Matonis and Gavin Andresen. I can only hope that their honour and credibility is not irreparably tainted by my actions. They were not deceived, but I know that the world will never believe that now. I can only say I’m sorry.

And goodbye.

legendary
Activity: 2772
Merit: 2846
Thanks for being prepared to put a lot of effort into moderating this.

I think we are going sideways this week, range bound between £2500 and $2600. I can't see any significant walls on stamp, which usually indicates nobody's sure which way it will go.

Not sure how much effort it will be going into it  Grin ... it will definitely be 'light touch' moderation (no hard slaps).

I screwed up the first go around by forgetting to click the "self-moderated" button so locked that ... it all adds to the forking anarchy confusion which is a good thing. Ultimately we need the original re-opened but this will be a possible option in case that doesn't happen.

I suspect the winning fork will be the one that's closest to the original, provided the original stays locked. Light touch moderation might well win. No moderation will probably get locked, and heavy moderation will probably make everyone too scared to post anything humorous.

I hope my predictions about this thread are better than my price predictions. A few hours after predicting range bound between £2500 and $2600 it crashed below £2500!
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