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

[Last of the V8s]

AI has its limitations....

Oh whoops. Yuh a tear in the veil.
Sell you a karma for 5 virtue?

Haha, I'm wondering what fMerit is LOL

You have to fellate the merit sources and they score you on your technique.
You, for example, clearly need to practise harder.

[Last of the V8s]

[realr0ach]

6,7k now ... lol

OK, I won't be surprised anymore if we are at 2-3k by years end.

The r0ach generous estimate was sideways at $4200-4400, but it would dump lower to like $3k then bounce up to that level.  

The Tera estimate was "$3k and that's generous" with a possibility of dumping all the way to $1k.

The Theymos estimate was "couldn't be stable at more than like $5k max" I think he said.

This is all assuming it doesn't just face plant into the ground and die with all miners going bankrupt because nobody has any use of a centralized, non-fungible, Bitmain token.

Also, a random nooblord posted on Zerohedge today that "bitcoin is a store of value" and got something like 4 upvotes 30 downvotes haha.

[scum]

The Theymos estimate was "couldn't be stable at more than like $5k max" I think he said.

No theymos said $6k- is solid, and $6k-$10k is semi-solid. He thinks $6k is about as low as it can go, and that fluctusting between $6k-$10k is probable.

I've been feeling that the price jump has been built on FOMO speculation for a while now. I think that the real, solid base is around $6k (roughly following the longer-term linear trend), but I expect speculators to stabilize it if it reaches $10k, at the very least, and then those prices might or might not stabilize.

So IMO $6k and below is "solid", $6k-$10k is semi-solid, and everything above $10k is a house of cards. No idea what'll actually happen in the next few days, though; it's pure speculative madness. In the next hour, I wouldn't be surprised to see a drop to $10k or an increase to $16k.

[explorer]

So many pigs in here, trying to hope a trend reversal out of nothing. Just like in 2014.

2014 went up a 100% during one 3 month period. Did you forget that, or are you just blabbering something just to hear yourself talk?

What I remember about 2014 and 2015 were all the beartards chanting "$99, $99, $99." It was incessant and for months and months. Meanwhile smart people - like myself divested into small upstart cryptos and three years later were rewarded with 25000%+ gains.

So, yeah, I love a mutha fuck'n bear market as much as the next guy. I'm just not stupid about it.

windjc gave excellent advice back then.  I remember clearly, thinking it was probably a good idea to follow.  Wish I had 

[supremnoob]

Dont worry guys. I see a strong btc support at 1200$

[scum]

Notlambchop is too ashamed to ever show her face again.   She wasted two years of her life and had opportunities like few other.  

Theymos's April fool's day joke has given Notlambchop ridiculously high politeness and virtue scores. They should be negative numbers for Notlambchop.

[mattimann]

Sell? Buy? Just do nothing? Die?

[realr0ach]

Dont worry guys. I see a strong btc support at 1200$

Feels like it wants to slow bleed out and go right back to where it came from (the $3k-ish area) before it decides if it will pump and dump again or just fade into obscurity.

[HairyMaclairy]

Notlambchop is too ashamed to ever show her face again.   She wasted two years of her life and had opportunities like few other.  

Theymos's April fool's day joke has given Notlambchop ridiculously high politeness and virtue scores. They should be negative numbers for Notlambchop.

Ok now that’s hilarious.  But I’m suddenly concerned on how it reflects on me....

[flynn]

WTF is all the new info under our usernames?

April Fool's. But more importantly, how are the stats calculated? This is the big mystery that this thread is failing to address or even acknowledge.

I think Cambridge Analytica is involved...

[Ludwig Von]

Notlambchop is too ashamed to ever show her face again.   She wasted two years of her life and had opportunities like few other.  

Theymos's April fool's day joke has given Notlambchop ridiculously high politeness and virtue scores. They should be negative numbers for Notlambchop.

Ok now that’s hilarious.  But I’m suddenly concerned on how it reflects on me....

Rather "Hairy" ?

[Rosewater Foundation]

NLC should be here ridiculing me.

[HairyMaclairy]

NLC should be here ridiculing me.

NLC had extensive training in Bitcoin for years and still managed to completely miss the point.

Meanwhile in bcash lol land:

[d_eddie]

But why do I have zero karma?  

Karma is related to the trust system. Have you ever had trust dealings here?

https://bitcointalk.org/index.php?topic=3232693.0

[LFC_Bitcoin]

NLC should be here ridiculing me.

NLC had extensive training in Bitcoin for years and still managed to completely miss the point.

Meanwhile in bcash lol land:

Thing is NLC could have done what he/she wanted to do & trolled here, in some way helped to bring the price down, bought a couple of hundred bitcoin’s in $200-$700 ish area & run off into the sunset laughing at all the noobs & weak hands.

[d_eddie]

While its obvious we are in a bear market,

Really? Bearwhales will run out of ammo soon and we'll climb back up to at least 5 digits. Then around June-July we'll see a new ATH and we'll moon in October-November or so.  

I think bearwhales play in fiat-settled assets (paper claims on actual bitcoin), as yefi recently suggested:

When bankers run the world behind the scenes controlling the laws and the money printing presses they can own and control anything they wish too.

Bitcoin isn't a problem you can print your way out of. All it will achieve (or all it has achieved) is to make the believers richer and more resolute.

What they want to do is divert money away into paper claims on bitcoins - but they're going to face difficulty on that front.

If so, they won't "run out of ammo" as long as they can print their ammo.

That's why I think the only way to disarm them and let the market run as unencumbered as possible is to have bitcoin-settled derivatives (futures, options, whatever). If and when these become dominant in the derivative market, whales will need to get themselves lots of coin before playing any game, or they will need lots of lots of coins after playing a game and losing it.

(I'm not picking on you, serveria. On the contrary, your posts offered me the most inspiration for a reply.)

[rafanadal]

Dont worry guys. I see a strong btc support at 1200$

Feels like it wants to slow bleed out and go right back to where it came from (the $3k-ish area) before it decides if it will pump and dump again or just fade into obscurity.

I think we'll have one more bull run to 20k
then slowly fade into obscurity

[d_eddie]

Shit how did btctalk know how many coins I had? Must be running some badass analytics.

Wait a minute... JayGuanGee: Politeness: 2280... hahahahahaha

Hahaha! That's when I, too, figured out it's a fourth month, first day adjustment.

[El duderino_]

But why do I have zero karma?  

Karma is related to the trust system. Have you ever had trust dealings here?

https://bitcointalk.org/index.php?topic=3232693.0

Man “sir / gent” gotta read that like 5 times minimum and still don’t get it all