All posts made by Astargath in Bitcointalk.org's Wall Observer thread
1.
Post 45908616 (copy this link) (by Astargath) (scraped on 2020-04-04_Sat_16.07h):
$BTC Drops from previous high to the next lower high on the trend have reduced with each lower high since December With a decrease drop % and a decrease in volatility on the weekly chart: the obvious next move would be either macro accumulation (for bulls) or capitulation event
https://twitter.com/Josh_RagerThat's what I have been saying on other forums. We are closer and closer to change the trend. It's far easier now to break the last lower high than it was before. A 1k move upwards would be enough and that plus a short squeeze would push bitcoin a lot.
2.
Post 45946697 (copy this link) (by Astargath) (scraped on 2020-04-04_Sat_16.07h):
Fucking insane dude, $200b+ and they say cryptos are used for terrorism and crime lmao. That bank laundered more money than the entire marketcap of crypto today
3.
Post 45947153 (copy this link) (by Astargath) (scraped on 2020-04-04_Sat_16.07h):
YEAH, like skyrocketting same as yesterday but whitout the previous DIP
Like Vechain
4.
Post 46114050 (copy this link) (by Astargath) (scraped on 2020-04-04_Sat_16.08h):
So higher low daily and continuation in the next days? Bitcoin still looking fairly strong. Hopefully nothing weird happens, we all know this is a serious market with no pumps and dumps.
5.
Post 46209334 (copy this link) (by Astargath) (scraped on 2020-04-04_Sat_16.08h):
The fuck does their Ipo have to do with a huge reliance on a complete shitcoin that can bankrupt them? Call me confused.
Bitmain has to pump its bags so it can exit.
Is this organic growth?
BCH,pumping.... this aggression Will not stand man
First XRP now BCH. I feel like BCH always gets pumped, Ive never seen BCH experience organic growth. Even in 2017 BCH had stupid moves even for that time.
6.
Post 46239981 (copy this link) (by Astargath) (scraped on 2020-04-04_Sat_16.08h):
Would someone please chip in a few bucks for the cause and bring us over $6500, please? Thank you.
At $6500, we are ~13% off bottom (@$5775) and ~13% from crossing the daily 200 MA (@$7375).
Purgatory.
I'd rather look at the last higher low which is 7429$ on Bitfinex. We have crossed the 200 MA a few times already and it was pretty worthless.
7.
Post 46247710 (copy this link) (by Astargath) (scraped on 2020-04-04_Sat_16.08h):
the last high was at 6840.9 on bitfinex. will we break the last high this time?
Certainly looks like it, good momentum, we might even break the 0.618 fib retracement this time.
8.
Post 46248693 (copy this link) (by Astargath) (scraped on 2020-04-04_Sat_16.08h):
I’m betting this is a set up for the CME / CBOE expiry tomorrow. Ass pounding by 2.45 pm Chicago time.
Some of them actually pumped bitcoin so not necessarily.
9.
Post 46250520 (copy this link) (by Astargath) (scraped on 2020-04-04_Sat_16.08h):
Too soon for these?
We have liftoff!
Be careful, I've seen plenty of rockets crash midway through. As long as we don't break the weekly trend I won't be confident.
10.
Post 46268589 (copy this link) (by Astargath) (scraped on 2020-04-04_Sat_16.08h):
I see weak knees already. But let’s give $7,000 a fair chance.
Yep, looks pretty bad again, no volume and a bearish candlestick formed today so probably just another lower high, not necessarily that bad overall.
11.
Post 46283266 (copy this link) (by Astargath) (scraped on 2020-04-04_Sat_16.08h):
LOL
Is that a whale in his left eye?
12.
Post 46302833 (copy this link) (by Astargath) (scraped on 2020-04-04_Sat_16.08h):
Brace yourselves. We are edging another dump.
4 hour chart for context
It's a wedge, not necessarily going to break bearish, it could break bullish too.
13.
Post 46303574 (copy this link) (by Astargath) (scraped on 2020-04-04_Sat_16.08h):
Speaking of Dull twit, I am coming to a tentative vision about some possible upcoming BTC price waves that could suggest that our BTC bottom is already "in"
So perhaps, at some point we are going to get price trickling up, and then a shooting up of the price that takes us above $10k, but just short of micgoosen's intermediary play game.. so just shy of $12k.. so that UP would take less than a month to play out, and then prices correct down to nearly $7k, and then get stuck in a $7,600 to $9k range for several months.... maybe 6 months-ish... before resuming progress towards the previous ATH... but then again getting stuck along the way, perhaps in the $14-$17k range for at least 6 months....
Therefore, we might not be breaking previous ATHs again for about a year and a half.. maybe that is too lackluster of a scenario given potential drama that could involve playing around with the halvening and an ETF that could cause additional UP drama? though I am thinking that we still have not experienced our true and complete blow-off top that would have been started by the December 2017 rise to $19,666... so there is that, too.
I know that a lot of us are thinking that alt coins are dead, but seems that whether we like it or NOT, they are coming with us for at least one more rally that will confuse a lot of normies about which coin to invest in... but those of us already who have been around the block understand that bitcoin is the solid one... especially if we are considering both upside and downside risks.
I doubt we will get stuck in the 14-17k range. Once we reach 12k, the amount of fomo will be ridiculous. We will speed past the ATH and reach a new level. I would not be surprised to see 30k at the end of year.
FOMO wont be the same because a lot of people are going to be scared of another crash, also a lot of people will take profits along the way this time (at least more people than last time). We will never achieve the same amount of FOMO unless we break 20k convincingly.
14.
Post 46308717 (copy this link) (by Astargath) (scraped on 2020-04-04_Sat_16.08h):
Speaking of Dull twit, I am coming to a tentative vision about some possible upcoming BTC price waves that could suggest that our BTC bottom is already "in"
So perhaps, at some point we are going to get price trickling up, and then a shooting up of the price that takes us above $10k, but just short of micgoosen's intermediary play game.. so just shy of $12k.. so that UP would take less than a month to play out, and then prices correct down to nearly $7k, and then get stuck in a $7,600 to $9k range for several months.... maybe 6 months-ish... before resuming progress towards the previous ATH... but then again getting stuck along the way, perhaps in the $14-$17k range for at least 6 months....
Therefore, we might not be breaking previous ATHs again for about a year and a half.. maybe that is too lackluster of a scenario given potential drama that could involve playing around with the halvening and an ETF that could cause additional UP drama? though I am thinking that we still have not experienced our true and complete blow-off top that would have been started by the December 2017 rise to $19,666... so there is that, too.
I know that a lot of us are thinking that alt coins are dead, but seems that whether we like it or NOT, they are coming with us for at least one more rally that will confuse a lot of normies about which coin to invest in... but those of us already who have been around the block understand that bitcoin is the solid one... especially if we are considering both upside and downside risks.
I doubt we will get stuck in the 14-17k range. Once we reach 12k, the amount of fomo will be ridiculous. We will speed past the ATH and reach a new level. I would not be surprised to see 30k at the end of year.
FOMO wont be the same because a lot of people are going to be scared of another crash, also a lot of people will take profits along the way this time (at least more people than last time). We will never achieve the same amount of FOMO unless we break 20k convincingly.
FOMO isn't the same right now, at the prices above it would be strange if it didn't be strong enough to trigger a massive bull run. Right now NEW people are scared because they got burnt with the hype train by jumping on when it was about to derail. Old people (crypto not age) are just used to the same old same old. Once we break 10k USD and then 10k EUR and sustain it for a brief period of time instead of rejecting it things are bound to accelerate.
You really think old crypto folks are used to it? 99% of them are not, I mean 99% of people aren't traders, they don't know this stuff, old and new people in crypto got burned with the crash. Fear and greed are 2 emotions really hard to control, obviously experienced traders know this but 99% of people don't and it doesn't matter if they have been in this situation already, they are still scared and they will still greed.
15.
Post 46993038 (copy this link) (by Astargath) (scraped on 2020-04-04_Sat_16.10h):
I would never buy a Tesla. I hate that prick Musk.
Watch your mouth, Musk will save humanity soon.
16.
Post 47460039 (copy this link) (by Astargath) (scraped on 2020-04-04_Sat_16.11h):
over so soon?
hmmmm, how the hell am I going to get this cork back in the champagne bottle?
Not over, increasing bull volume and decreasing bear volume
17.
Post 47714343 (copy this link) (by Astargath) (scraped on 2020-04-04_Sat_16.11h):
I'll be happy with 3 doublings in 3 years.
As in -
2019 - From $6,000 to $12,000
2020 - From $12,000 to $24,000
2021 - From $24,000 to $48,000
I would accept that,
THANK YOU VERY FUCKING MUCH !!!!!!That doesn't look good for Mcafee
18.
Post 47714409 (copy this link) (by Astargath) (scraped on 2020-04-04_Sat_16.11h):
I'll be happy with 3 doublings in 3 years.
As in -
2019 - From $6,000 to $12,000
2020 - From $12,000 to $24,000
2021 - From $24,000 to $48,000
I would accept that,
THANK YOU VERY FUCKING MUCH !!!!!!That doesn't look good for Mcafee
Did anyone actually believe the crazy bastards number? It was outrageous, I mean I might be wrong but I wouldn't bet my dick on it.
Well I'm sure when Bitcoin was hovering 20k some people probably believed him. For me it's a win/win, either bitcoin goes to 1 Million or I get to watch Mcafee's eating his own dick.
Or even better, it goes to 900k and he still has to eat his dick.
19.
Post 47845989 (copy this link) (by Astargath) (scraped on 2020-04-04_Sat_16.12h):
People wanted less volatility. Now people wants more volatility. Heh, humans..
20.
Post 47875834 (copy this link) (by Astargath) (scraped on 2020-04-04_Sat_16.12h):
At least volume seems to be picking up
(sorry for the offtopic)
Where is volume picking off? I checked and it's pretty much the same. We also rejected from 6479$ on Binance several times. Bitcoin still dead.
21.
Post 47901436 (copy this link) (by Astargath) (scraped on 2020-04-04_Sat_16.12h):
So all of this crash was because 2 guys and some more are fighting on twitter over hash power? Ridiculous market.
22.
Post 47901839 (copy this link) (by Astargath) (scraped on 2020-04-04_Sat_16.12h):
So all of this crash was because 2 guys and some more are fighting on twitter over hash power? Ridiculous market.
Its the same impact as a president tweeting something about any company.
But there is a difference from 1 company and a whole international 24/7 market, isn't it? Plus these are supposed to be currencies. It's ridiculous.
23.
Post 47902380 (copy this link) (by Astargath) (scraped on 2020-04-04_Sat_16.12h):
So all of this crash was because 2 guys and some more are fighting on twitter over hash power? Ridiculous market.
This is crypto. Hash power is The Power.
"They vote with their CPU power, expressing their acceptance of valid blocks by working on extending them and rejecting invalid blocks by refusing to work on them. Any needed rules and incentives can be enforced with this consensus mechanism."
- SN, Bitcoin: A Peer-to-Peer Electronic Cash SystemSo much for decentralization.
24.
Post 47904463 (copy this link) (by Astargath) (scraped on 2020-04-04_Sat_16.12h):
It's not looking good boys
25.
Post 47909897 (copy this link) (by Astargath) (scraped on 2020-04-04_Sat_16.12h):
So all of this crash was because 2 guys and some more are fighting on twitter over hash power? Ridiculous market.
Its the same impact as a president tweeting something about any company.
But there is a difference from 1 company and a whole international 24/7 market, isn't it? Plus these are supposed to be currencies. It's ridiculous.
It’s only ridiculous because
we implemented all those
Wall Street regulations to avoid market manipulation.
Who is the "we" that you talk about?
And what are all of the supposed "wall street regulations"?
Bitcoin is hardly regulated...
Of course, regulators try to make some kyc and aml requirements, and they are going to continue to try to make more and more regulations to fit round pegs in square holes, and they may even customize some regulations to bitcoin and to other cryptos and even ICOs.
So far the kyc and aml regs have to do with on and off ramping from fiat and through bank regulated exchanges... Hardly applicable to overall bitcoin claims, right? No general regulatory body covering world wide, either.
Are you trying to sugguest something more meaningful about what is going on in bitcoin and various sporadic regs than making vague references to an ongoing desire of various governments (and likely traditional financial institutions) to regulate that some people might have?
But that would hardly qualify as a "we" would it? Neither in kind of regulation nor amount of regulation. What am I missing about your seemingly vague point?
I didn't understand it either. I don't know at which point we implemented any sort of regulations to stop market manipulation. I don't even see how that would be possible without fucking up the whole concept of cryptocurrencies.
26.
Post 47909907 (copy this link) (by Astargath) (scraped on 2020-04-04_Sat_16.12h):
So all of this crash was because 2 guys and some more are fighting on twitter over hash power? Ridiculous market.
This is crypto. Hash power is The Power.
"They vote with their CPU power, expressing their acceptance of valid blocks by working on extending them and rejecting invalid blocks by refusing to work on them. Any needed rules and incentives can be enforced with this consensus mechanism."
- SN, Bitcoin: A Peer-to-Peer Electronic Cash SystemSo much for decentralization.
Ah, yes. 'Decentralization'. A means to an end that many have confused with the ultimate end. And a term that appears exactly zero times in aforementioned white paper.
That's ridiculous.
Now decentralization is not important?
That's not what I said at all. What I am trying to say is that decentralization is not the holy grail. Decentralization is merely a means to an end. Decentralization is valuable only in that it serves the ability to transact in a permissionless trustless manner.
Seems like bitcoin's pow is of central importance in bitcoin
Absolutely. A principle that has never been tested in practice. A principle that is seemingly about to be demonstrated conclusively.
To be honest, it's not. No one even cares about it anyways. Almost no one. Look at all the exchanges, all of them are centralized, the ones that are decentralized have 1000$ in volume.
27.
Post 47924622 (copy this link) (by Astargath) (scraped on 2020-04-04_Sat_16.13h):
He’s at it again on Twitter, literally 1 minute ago
Dr Craig S Wright
@ProfFaustus
If you do not bother to understand your investments, the flaws, the myths, the vulnerabilities...
Then you will find your investment worth zero.
He’s definitely on some premo drugs the last 24 hrs
Why do we have so many fucking power tripping lunatics in crypto? What the fuck attracts these people?
You know what's funny? This guy seems crazier than Mcafee, what does that say about a person?
28.
Post 47924645 (copy this link) (by Astargath) (scraped on 2020-04-04_Sat_16.13h):
What do we anticipate regarding bitcoin price as we get very close to & in the aftermath of this fork?
Desperate bitcoin dumping by both parties to prop up their forked messes which will crash us more?
What do you mean to prop up their forked coins? They would sell for bitcoin in any case, no?
29.
Post 47925663 (copy this link) (by Astargath) (scraped on 2020-04-04_Sat_16.13h):
What do we anticipate regarding bitcoin price as we get very close to & in the aftermath of this fork?
Desperate bitcoin dumping by both parties to prop up their forked messes which will crash us more?
What do you mean to prop up their forked coins? They would sell for bitcoin in any case, no?
But likely not immediately.
Why not immediately, most people that bought bch did so to make a quick profit.
30.
Post 47938608 (copy this link) (by Astargath) (scraped on 2020-04-04_Sat_16.13h):
The google search ratio has been increased significantly in the last weeks. Will it happen this time
Yeah but I mean, they are now interested in it because it's going to shit, I don't think it should be taken into account.
31.
Post 47957829 (copy this link) (by Astargath) (scraped on 2020-04-04_Sat_16.13h):
If there had been significant upward pressure, then we wouldn't have been stuck at ~$6.5k for so long. I predict that ~$5.5k will be "the new $6.5k" for a while, maintaining relative stability with periodic bouncing.
I suspect that we're on a long-term slow downward trend until either the next halving or until something major happens (eg. ETFs, maybe certain global events, etc.).
Unless some major event happens like you said, this is exactly going to happen like it happened in 2014-2017. That means even under $3k is a possibility now.
Maybe BAKKT can reverse the bearish trend but I don't raise my hopes too high.
See you all in 2022
It will be a pure vomitfest from now on. 3 maybe 4 painful diskusting years are ahead.
Missed the Gox bubble, missed the tether bubble too. Fuck my life. >:-(
I don't agree with that whatsoever. What major event happened in 2017? There were in fact a lot of bad news at the time and the price continued to grow.
32.
Post 47972437 (copy this link) (by Astargath) (scraped on 2020-04-04_Sat_16.13h):
This is Craig Wright, pretending to be Satoshi again. Apparently, he managed to sign a message with Hal Finney's private key, somehow. (Edit: or he might've pulled up an old Hal Finney signature)
The scuttlebutt is that he signed it in a non-standard way, kind of like when he "signed" a message as Satoshi to convince Gavin that he's Satoshi.
Seems like Craig did PhD in handling multiple Twitter accounts, not in Computer Science.
Also what about the fact that satoshi himself said something like BCH would be a bad idea?
https://bitcointalk.org/index.php?topic=195.msg1611#msg1611
33.
Post 48370880 (copy this link) (by Astargath) (scraped on 2020-04-04_Sat_16.17h):
Happy to see we went back to an up trend rather than continuing down. Is this the sideways action people keep saying will happen because it feels bumpy as hell to me.
I wouldn't call it an uptrend until we break the last high of 4410$ ~
34.
Post 51778891 (copy this link) (by Astargath) (scraped on 2020-04-04_Sat_16.55h):
Will 12 barrier hold or will we slip and into the high 11's? Find out on the next episode of hodlingball z.
We did fall but I'm not worried at all, most important support for me is at $10700 and we are not close right now, the daily uptrend is in place until that one breaks.
