Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[bluebits]

Can anyone come up with even a half-plausible explanation for the G20 to had any effect what-so-ever on the price?

They don't just all meet in a room, create and enforce global policy. At best it is small incremental amounts of policy coordination worked through each national government. This should be seen as .1% of the puzzle compared to the real action, the natural price cycles of waay way up, and what comes after..

[Rosewater Foundation]

Can anyone come up with even a half-plausible explanation for the G20 to had any effect what-so-ever on the price?

They don't just all meet in a room, create and enforce global policy. At best it is small incremental amounts of policy coordination worked through each national government. This should be seen as .1% of the puzzle compared to the real action, the natural price cycles of waay way up, and what comes after..

Wasn't this crash a mirror image of the last crash. I think TA lol was on to something

[infofront]

(img snipped for legibility)

See how similar does it look? It is all over GoX again. Bloodbath to $2k incoming. They won't let it shoot up again unless dumb people do panic sells below $5k.

I checked that page, but I don't get the point. It seems to have been written in 2017 and updated.

*Btw whoever made this TA is a fucking genius and a legend.

The statements and predictions are generic, and there are whole orders of magnitude between alternatives. Are you being serious or sarcastic?

I don't know what you're looking at, but it looks to me like he absolutely fucking nailed it:


(relevant "comment by img" snipped for legibility)

Allright, that's too many knowledgeable voices defending this analysis, including fabiorem and possibly others not quoted here. I guess I must be wrong and just failed to see value in that post. Maybe I should read it again, with more attention.

The chart Fabiorem posted showed a very different scenario just a few months prior. So, I think you were largely right.

That dude just throws out a bunch of scenarios, and happened to nail one. Still, I've gotta give him some credit.

[infofront]

Can anyone come up with even a half-plausible explanation for the G20 to had any effect what-so-ever on the price?

FUD.

[Last of the V8s]

Can anyone come up with even a half-plausible explanation for the G20 to had any effect what-so-ever on the price?

FUD.

It was. fud relief and TA lol coinciding.

[btcbeliever]

Should we shed a tear for many of the bears today? 



Hello, this is your margin call.

[bluebits]

I might need to adjust my models here, your explanations kind of make sense. Make-believe prices being swung be make-believe events, why not-

[Last of the V8s]

I might need to adjust my models here, your explanations kind of make sense. Make-believe prices being swung be make-believe events, why not-

fear and greed. that is all there is. no rationality. and TA
lol
~

http://www.businessinsider.com/lil-windex-interview-bitcoin-core-cash-2018-

[nazzer]

At current difficulty, mining 1 BTC costs around $3000-$4000 depending on electricity costs - not including capital outlay.

Again...they cost $4000 to mine and they can't make money selling them for $8000?

which the fuck is it?

It's $3000-$4000 in electricity to mine a bitcoin plus $4000 in equipment costs. The electricity plus mining equipment costs makes it about $8000 to mine a coin.

At least that's what cointelegraph says. The mining equipment must be fucking expensive, and miners must need a hell of a lot of it judging by this mine.

Looking at the new Canaan Avalon 841 - cost is about $2000+ each, at $8000 it would take ~2 years to recover the cost of the machine. Of course looking at that picture, buying machines in bulk with cheaper electricity they could probably recover the cost in less than a year especially with bitcoin prices fluctuating.

Below $7000, miners would probably just turn off their machines and just buy bitcoin instead

[Rosewater Foundation]

Our feels are being measured as we speak

Thomson Reuters, through its partnership with MarketPsych Data LLC, has launched a new version (v3.0) of its MarketPsych Indices (TRMI) which includes its first sentiment data feed for Bitcoin in addition to new and/or enhanced market sentiment data for several asset classes, new user capabilities, and additional coverage.  MarketPsych is a market leader in quantitative behavioral economics.

Over 400 news and social media sites, many specific to cryptocurrencies, were added to the feed.  Each site is scanned and scored in real-time, aiming to capture market-moving sentiments and themes.

https://www.thomsonreuters.com/en/press-releases/2018/march/thomson-reuters-launches-bitcoin-sentiment-data-feed-for-trading-and-risk-management.html

[smartcomet]

In the spirit of all the on topic charts and sharing going on I have updated my bitcoin difficulty vs mining hardware return sheet with today's bitcoin network difficulty increase.

As predicted the 5% average is holding strong. However come Friday with the next wave of hardware being shipped I wonder if the increase network hit will once again ring true that at this price point USD/BTC its best to simply buy BTC instead of mining hardware. That is if profit is your motivation.

Typically with crypto mining apart from hardware and infrastructure costs there is ongoing building labour and other miscellaneous overhead that is not being factored in this example.

Forgot to include the document link.
https://docs.google.com/spreadsheets/d/11QS1BBV11KNGTF8N_-fdfmjTZ3WzPQFbLfVrl5n6R8s/edit?usp=sharing

                                    diff                     BTC price $
2015-09-18        59,335,351,234                         220
2018-03-18    3,462,542,391,191  (~60X)          8100  (< 220*60=13200)

[Toxic2040]

[pfrtlpfmpf]

Well good afternoon Bitcoinland. Just got online after successful surgery Friday.

I see I missed some excitement while I was away... big dip and big recovery... currently $8172USD/$10700CAD (Bitcoinaverage).

It's pretty much back to where it was before I went in. Woke up and decided to fire up the laptop just in time to catch the end of the rally.

I guess my bladder alarm still works.  

Nothing to do now but relax in the Mexican sun and convalesce until I get my sutures removed on Thursday. I can't fly for at least a couple more weeks but at least I can head out to the jungle later this week.

I'm currently toothless with very fragile gums after bone grafts to my jaws. Needless to say, I'm on a totally liquid diet. Ever have pork tacos pureed in a blender? Delicious!

Did anybody actually read Jimbos post ?

Jimbo, i apologise in behalf of all these money orientated people here, they have nothing other than money in their brain.
You heartless bunch.

[Rosewater Foundation]

You heartless bunch.

Our feels are being measured as we speak. Get well soon Jimbo!

[jojo69]

the Illuminati eye of Sauron chart and sticking it to our erstwhile absentee public official.

I managed to scrape up a real merit.

[scum]

Well good afternoon Bitcoinland. Just got online after successful surgery Friday.

I see I missed some excitement while I was away... big dip and big recovery... currently $8172USD/$10700CAD (Bitcoinaverage).

It's pretty much back to where it was before I went in. Woke up and decided to fire up the laptop just in time to catch the end of the rally.

I guess my bladder alarm still works.  

Nothing to do now but relax in the Mexican sun and convalesce until I get my sutures removed on Thursday. I can't fly for at least a couple more weeks but at least I can head out to the jungle later this week.

I'm currently toothless with very fragile gums after bone grafts to my jaws. Needless to say, I'm on a totally liquid diet. Ever have pork tacos pureed in a blender? Delicious!

Did anybody actually read Jimbos post ?

Jimbo, i apologise in behalf of all these money orientated people here, they have nothing other than money in their brain.
You heartless bunch.

I find ice cream's easy to eat after having a tooth extraction, and it helps stop any bleeding by freezing wounds. Maybe it also works for bone grafts to the jaws.

[El duderino_]

Breaking 24777$ prediction game      FINAL LIST       

27/12/2017 bikerleszno
29/12/2018 cAPSLOCK 
30/12/2017 digithusiast
31/12/2017 Raja_MBZ
01/01/2018 elg
02/01/2018 wachtwoord
03/01/2018 JimboToronto
04/01/2018 d_eddie 
05/01/2018 BTCMILLIONAIRE
06/01/2018 HanvanBitcoin
07/01/2018 ghandi
08/01/2018 savetherainforrest
09/01/2018 explorer
10/01/2018 bicoinpsycho
11/01/2018 Bitcoinaire
12/01/2018 speedwheel
13/01/2018 undeadbitcoiner
14/01/2018 northypoale
15/01/2018 ivomm
16/01/2018 maca068
17/01/2018 bitcoinvest
18/01/2018 last of the v8s
19/01/2018 mfort312
20/01/2018 1982dre
21/01/2018 flamast2
22/01/2018 RealMachasm
23/01/2018 willope
24/01/2018 kartala
25/01/2018 orpington
26/01/2018 rolling
27/01/2018 LFC_bitcoin
28/01/2018 jojo69
29/01/2018 CristiTCM
30/01/2018 rayX12
31/01/2018 realsteelboy
01/02/2018 twocorn
02/02/2018 mancroofer
03/02/2018 True Myth
04/02/2018 poolminor
05/02/2018 itod
06/02/2018 scheptan
07/02/2018 vapourminer
08/02/2018 alexeft
09/02/2018 siera
10/02/2018 AlcoHoDL
11/02/2018 Dunkelheit667
12/02/2018 yonton
13/02/2018 Wekkel
14/02/2018 Thekool1s
15/02/2018 starmman
16/02/2018 Globb0
17/02/2018 leveldkrypto
18/02/2018 olesh
19/02/2018 BitCoinBurger
20/02/2018 Paashaas
21/02/2018 flynn
22/02/2018 icygreen
23/02/2018 erisdiscordia
24/02/2018 phil_s
25/02/2018 sirazimuth
26/02/2018 Arriemoller
27/02/2018 yonton
28/02/2018 Muttley
01/03/2018 bones261
02/03/2018 heater
03/03/2018 soullyG
04/03/2018 InvoKing
05/03/2018 Notme
06/03/2018 sa_94
07/03/2018 NUFCrichard
08/03/2018 Imbatman
09/03/2018 Roombot
10/03/2018 STT
11/03/2018 badream
13/03/2018 erre
14/03/2018 julian071
15/03/2018 podyx 
17/03/2018 fragout
18/03/2018 fabiorem
21/03/2018 dakustaking76
23/03/2018 nikauforest
31/03/2018 vroom
01/04/2018 somac.
02/04/2018 kurious
04/04/2018 fluidjax
05/04/2018 bitcoinbunny
08/04/2018 tyler1890
10/04/2018 ludwigvon
11/04/2018 hairymaclairy
16/04/2018 practicaldreamer
18/04/2018 free-bit.co.in
27/04/2018 drbrockoin
01/05/2018 sprinkles
02/06/2018 oblox
07/07/2018 IntroVert
03/08/2018 toxic2040
28/08/2018 bitserve
15/10/2018 Yefi
05/11/2018 mikenz
31/12/2018 melman2002
01/01/2019 Spaceman_Spiff_Original
12/02/2019 FractalUniverse
21/04/2019 gentlemand
20/02/2020 romneymoney
18/12/2021 luckygenough56

UPDATE     AND GOOD LUCK

can't wait to visit all the new hights ..... i'm just not a very patient person only on BTC i remain to stay patient ....... the rewards are so big for just beeing patient

[Rosewater Foundation]

Well good afternoon Bitcoinland. Just got online after successful surgery Friday.

I see I missed some excitement while I was away... big dip and big recovery... currently $8172USD/$10700CAD (Bitcoinaverage).

It's pretty much back to where it was before I went in. Woke up and decided to fire up the laptop just in time to catch the end of the rally.

I guess my bladder alarm still works.  

Nothing to do now but relax in the Mexican sun and convalesce until I get my sutures removed on Thursday. I can't fly for at least a couple more weeks but at least I can head out to the jungle later this week.

I'm currently toothless with very fragile gums after bone grafts to my jaws. Needless to say, I'm on a totally liquid diet. Ever have pork tacos pureed in a blender? Delicious!

Did anybody actually read Jimbos post ?

Jimbo, i apologise in behalf of all these money orientated people here, they have nothing other than money in their brain.
You heartless bunch.

I find ice cream's easy to eat after having a tooth extraction, and it helps stop any bleeding by freezing wounds. Maybe it also works for bone grafts to the jaws.

Also be careful of antibiotics. The enteric nervous system is fragile.

[Elwar]

Well good afternoon Bitcoinland. Just got online after successful surgery Friday.

I see I missed some excitement while I was away... big dip and big recovery... currently $8172USD/$10700CAD (Bitcoinaverage).

It's pretty much back to where it was before I went in. Woke up and decided to fire up the laptop just in time to catch the end of the rally.

I guess my bladder alarm still works.  

Nothing to do now but relax in the Mexican sun and convalesce until I get my sutures removed on Thursday. I can't fly for at least a couple more weeks but at least I can head out to the jungle later this week.

I'm currently toothless with very fragile gums after bone grafts to my jaws. Needless to say, I'm on a totally liquid diet. Ever have pork tacos pureed in a blender? Delicious!

Did anybody actually read Jimbos post ?

Jimbo, i apologise in behalf of all these money orientated people here, they have nothing other than money in their brain.
You heartless bunch.

I read it...the dude is chillin in the sun sippin on some blended tacos. Livin it up!

[xhomerx10]

Well good afternoon Bitcoinland. Just got online after successful surgery Friday.

I see I missed some excitement while I was away... big dip and big recovery... currently $8172USD/$10700CAD (Bitcoinaverage).

It's pretty much back to where it was before I went in. Woke up and decided to fire up the laptop just in time to catch the end of the rally.

I guess my bladder alarm still works.  

Nothing to do now but relax in the Mexican sun and convalesce until I get my sutures removed on Thursday. I can't fly for at least a couple more weeks but at least I can head out to the jungle later this week.

I'm currently toothless with very fragile gums after bone grafts to my jaws. Needless to say, I'm on a totally liquid diet. Ever have pork tacos pureed in a blender? Delicious!

Did anybody actually read Jimbos post ?

Jimbo, i apologise in behalf of all these money orientated people here, they have nothing other than money in their brain.
You heartless bunch.

I read it...the dude is chillin in the sun sippin on some blended tacos. Livin it up!

 Pureed pork tacos, eh? Chillin in the sun you say?  It seems more like JimboToronto is preparing for a clandestine mission to the moon!



 Godspeed.