I am pretty confident the people who got into BTC after the last bubble will never be the wealthy elite thought bitcoin, gentlemen.
/willy report
Why do you say that? Some peeps could have gotten in with average BTC prices of between $400 and $600 (Let's say $500 per BTC), and possibly purchased $100K worth. Let's say 200 BTC. That will put these purchasers in a real decent position when bitcoin goes to $10k and above. Maybe NOT filthy rich, but pretty decent - especially if they can hang onto their bitcoins for additional increases up in the $50-$100K per BTC range. This market has a ton of room to grow. Even one bit coin might make you wealthy in the future. It depends on world events etc so there is no real way to know but it certainly has that kind of potential. I agree with you, Ron P... and that is why I requested that Dafar clarify his statement. I found his statement to be a little bit confusing. |
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I am pretty confident the people who got into BTC after the last bubble will never be the wealthy elite thought bitcoin, gentlemen.
/willy report
Why do you say that? Some peeps could have gotten in with average BTC prices of between $400 and $600 (Let's say $500 per BTC), and possibly purchased $100K worth. Let's say 200 BTC. That will put these purchasers in a real decent position when bitcoin goes to $10k and above. Maybe NOT filthy rich, but pretty decent - especially if they can hang onto their bitcoins for additional increases up in the $50-$100K per BTC range. |
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I just bought a 10 bitcoin laptop so that I could read this thread from my yacht.
After I post this message I will toss it into the water to see what kind of bubbles it makes.
Congratulations!!!!! It appears that you have already reached the goal of the aspired to elitist, to be able to live with disregard and to wipe your butt with $100 bills.  |
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Anybody get a circle.com invite yet?
From my understanding, you have to go to their website to request an invite, and I made such an invitation request about a week ago.
However, I have received No invite from them, so far.
I would also be curious whether anyone has used their service(s) to purchase and/or sell bitcoin, yet.
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I would be happy if we stabilized off back at $666. I know everyone wants $700+, but I am actually more happy with small sustainable steps...otherwise we get massive corrections downward...
it will not happen. crowd called the deamons and now they get the deamons. break the ATH somewhere in the future and the next big big level is 10k. then price will pull back in a massive drop. Can you be more specific regarding the timing for these price points? |
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Can we fuck off with this beer & begging shit now?
It's Adam's thread. He can do anything he wants, including giving away bitcoins for the next 3,000 pages.... He may run out of bitcoin, at some point, though, but if it floats his boat, then so be it. HODL, HODL, HODL.or BUY, BUY, BUY. |
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Last 2 weekly MACD crosses produced this:
I say 7x this time. 7x from what price point do we measure? From the point at which it crosses? around $700 = $4,900 From the post ATH low point? around $339 = $2,373 From the previous all time high? $1,163 = $8,141 or from some other price point? ? = ? |
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Big Buys.
I really do NOT know the details or dynamics of the latest crash, exactly; however, I believe an interesting observation is that if you combine the exchanges, and you look at the crash over about 30 minutes to an hour, the quantity of bitcoins to bring down the price from $683 to $518 was approaching 20,000 BTC; however, if you look at the subsequent hours, the quantity of BTCs traded to bring the price back up, currently at around $660, was a fraction of that (less than half the amount, anyway). |
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wife needs computer
open bar is close for 20 mins.
You need another computer, dude. |
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Enough already
Welcome to the Wall Observer Thread.  Lol I lurk this thread daily and don't see this much bs often at all yeah... peeeps are really talking nonsensce.. now that everyone is getting drunk.... |
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This free beer shit is getting out of hand. Enough already
Everyone is getting drunk... fuck!!!! |
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Lol'd Bid sum still a pathetic 12m but ask sum is just over10k  $720 is looking very likely in the next 24 hours, the way things are going. Currently at $675 with quite a few upward pressures. |
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I give up! I am revising my projections: price will immediately go to:
$1,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000
That's the spirit!!!! |
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Everyone having fun except Teara. Shocking development.
Tera and fun don't come in same sentence. Tell her that when she's trading from the deck of her yacht in Monaco harbour. I still wouldn't party with her tbh. I'd do it on my own yacht though I wouldn't party with me either. I am too analytical. And bitcoin has destroyed me as a person by causing me stress all the time - even when I am in a winning position my minds is stressed out due to the flood of data I have to keep up which runs 24/7 outside of my control. I feel like I can never party again until I leave bitcoin. Why can't you just leave then? NO need to be engaged in something that causes negative energy. We each have to find a balance that works for us. |
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Done - We are roughly looking at September 2015, unless we align during the March 2015 bubble cycle...
(...)
LOL, GREAT Post a donation address! The only thing that could distort this model is that the number of pages in this thread will start an exponential trend  You are so right! But maybe this whole thread is one big "Observer Effect" (hell - it's in the name of the thread!)... The Observer Effect: "Changes that the act of observation will make on a phenomenon being observed." (Side note: I have never received a donation before... that is so cool! There are some very nice people on this forum.) edit: Had to add this...  I will send you one in a few minutes, need to restart my client.  Well, the BTC community is rather generous, I am here more than a year and when you actually produce a chart or help other people, you get donations, sometimes Is this a donation-worthy chart?  I did this up when we were stagnant in the 400's (the blue line) and was waiting to see if the channel here held, and sure enough, the price hit the lower channel boundary and is slowly creeping up (the red line). I also found that the bubbles (or peaks, if you would prefer to call them that) seem to occur approximately every 234 days (an observation already mentioned on this forum) - with the minimum time between peaks being 213 days and the maximum time being 235 days. Considering there have been six peaks, that is a very small degree of variability for such a volatile phenomenon as Bitcoin. I then plotted these peaks only and noticed that (bar the June 2011 peak), the others very closely follow an exponential trend which puts the next peak at approximately $4,800 (again, aligning with other predictions being tossed around the forum). If you extrapolate this trend further, it puts the March 2015 peak at a whopping $26,000! One last interesting point of note... the runup to the bubbles, whilst varying in duration, does appear to assume the same velocity. Assuming we hit the top of the channel in the next run-up, this price velocity has us commencing the notorious bull-run within the next 10-20 days. Is it just a coincidence that the 1w MACD crossover looks likely to occur in the next 10-20 days?..... Final disclaimer (before someone else says it): Past behaviour is no indication of the future. ... but it sure is interesting... That charting and explanation is even nicer than the first one. You are a bit more optimistic than me, and I kind of wonder whether you are in approximately the Rpietila camp of optimism. I am doubtful that the future bubbles are going to be as grand as the past bubbles, yet I have NO problem if they are b/c I would benefit greatly from that, since I have expanded considerably my BTC portfolio over the last six months and I am expecting to expand my portfolio much more in the next year, as my fiat comes in. |
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They were talking about it in the Meta section one day. IIRC ~0.1BTC is the going rate for Sr. Member.
Is there a premium for accounts with avatars? I want an avatar! |
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If he has more coins ready and is smart he should stop putting up walls for a little while and slowly put them back again on the way up.
If he keeps adding these walls it might actually stop us from going up for a while and he will be forced to market sell or put a new wall up way lower.
maybe thats the plan... he'll buy back when it goes down, and do it all over again market maker! bitcoin may be in this range for weeks.... or not! so exciting I hope that BTC prices remain in this range at least long enough for me to receive my fiat that is due to come in (could be a couple weeks or maybe up to 6 or 8 weeks on the outside... Makes me anxious knowing that I have fiat is scheduled to be on the way (and pretty likely to come), but I am NOT sure exactly enough when it will arrive and for sure that it will arrive (even though I have assurances that the fiat will arrive). |
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3rd wall I believe.
Anyways, if he had some brains he'd put it up on $640,-. People buy like crazies at this moment. Once that point is reached the wall will be eaten like a sandwich.
But yeah, stupid is as stupid does.
There seems to be too many assumptions that the whale is the same person. Let's say that he puts it at $640, then someone puts another wall at $630 and someone else puts another wall at $625. If a person is really motivated to sell quickly and to retain some price stability, then s/he is going to put the wall at the point to achieve that objective without having someone else get in at a lower point or the market reversing before it reaches his/her price point. |
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In the event of no good or bad press, based on the charts we're due for another pop over 630 approximately June 2-3.
I've been saying it for the last few days and I will say it again. $666 by Monday. Once the walls are removed/eaten that's the next stop. It seams to be a favorite hangout spot and then we will either crash back to $610-$605 or continue our rise. If we break $700 we will see a new ATH before any significant down turn. I'm not saying you're wrong about $666 after the weekend, or even breaking $700 fairly soon. But I keep wondering how people can start seriously getting excited about the next ATH when volume still looks like this:  At some point between now and a new ATH we will need to see at least the volume of the peak days. Right now, we're at about a third to a fifth of that peak volume. To be clear: that's not my way of saying that this rally is doomed. just that it seems way premature to even mention a new ATH before we're seeing similar volume spikes again as we did before, with upwards of 100k coins per day USD volume (and, yes, I'm okay with summing over stamp, finex and btc-e to have that count towards 100k) You can also look at current volume in another way..... and in your chart, current volume kind of looks like October 2013 volume, and when price increases continue, likely volume increases will also continue. There seems to be plenty volume, at the moment. I am just hoping that the big sky ward direction will hold off for a month b/c I am supposed to have some fiat coming to me..... |
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Dont Forget......Very bullish on thread count we will break 7000 in 2 hours What about the day that Bitcoin prices surpass the number of thread pages on the Wall Observer? Now that is worth a party! would be interesting to watch... We should start drawing a log chart with the BTC exchange rate and the number of posts in this thread and watch the "spread" shrinking week after week Done - We are roughly looking at September 2015, unless we align during the March 2015 bubble cycle...  edit: Sorry about all the white space! I like this much better than my prediction; however, I believe that it is more likely that the page to price parity will come later (like 6 months to 1 year later). But I am NOT so skilled as to make my own graphic depiction. |
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