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

[Last of the V8s]

there was just a blockchain ad on uk tv during the russia match - something about hvac and iot
never seen or heard of such a thing before, but then never really watch tv
bearish

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[Elwar]

< collage loan img >
This is why americucks hate the fed.
Should've bought cryptos instead of the college meme.
USA is now world series of povos.

At one point I realized that my Thai girlfriend was richer than most American women I would ever date even though she barely makes $1k a month and has nothing. She also has no huge debt weighing her down.

People in the third world countries that don't have access to debt are richer than people in the first world.

Let that sink in.

[xhomerx10]

< collage loan img >
This is why americucks hate the fed.
Should've bought cryptos instead of the college meme.
USA is now world series of povos.

At one point I realized that my Thai girlfriend was richer than most American women I would ever date even though she barely makes $1k a month and has nothing. She also has no huge debt weighing her down.

People in the third world countries that don't have access to debt are richer than people in the first world.

Let that sink in.

 Let that sink in. 

[ccminer.net]

volumes at spot exchanges are very very low, while on that shitty CME are getting higher and higher!

Please folks let me understand this trend.

Are we facing a new super dump thanks to our dear CME trader friends, thant can keep dumping without owning BTC at all!!

[jbreher]

I will admit that Roger ...

There is a bit of a strange overlap with his supposed concept of wanting decentralization, but wanting to have veto power, too...

OK, I'll bite. What is this 'veto power' of which you speak?

[jbreher]

The 12.5 fresh BTC generated every 10 minutes isn't even a dent in the current market, at the moment.

Well, it is something on the order of $12Million USD of new production absorbed by the marketplace daily. I would argue that this is significant.

[Last of the V8s]

volumes at spot exchanges are very very low, while on that shitty CME are getting higher and higher!

Please folks let me understand this trend.

Are we facing a new super dump thanks to our dear CME trader friends, thant can keep dumping without owning BTC at all!!

https://www.cmegroup.com/trading/equity-index/us-index/bitcoin_quotes_volume_voi.html#tradeDate=20180706

big dump is probably coming
cme volume is also tiny
the 2 might still be connected

[jbreher]

This is why americucks hate the fed.
Should've bought cryptos instead of the college meme.

Probably also should have read the fine print.

[jbreher]

all bcashists i've come across out and out lie.

Offense taken. I try not to lie. At least not in a non-humorous vein. Admittedly, I have on occasion been shown to be incorrect. I think I've mea culpa'd all such occasions.

Unless, of course, you have proof of the converse?

[Last of the V8s]

all bcashists i've come across out and out lie.

Offense taken. I try not to lie. At least not in a non-humorous vein. Admittedly, I have on occasion been shown to be incorrect. I think I've mea culpa'd all such occasions.

Unless, of course, you have proof of the converse?

You lied about how nodes work when you were fighting with Lauda and that lot during all the XT days and onwards. Under the pretext of difference of opinion, but you are not that stupid just to be mistaken. It was a deliberate attack based on falsehood, summed up by 'the miners decide'.

[jbreher]

EOS is going to be a huge bore going forward eg https://highfidelity.com/ runs on it.
( https://www.blocktivity.info/ )

Fascinating. HF invited me to a 'big get together' yesterday, but with only an hour runway to the event, and I was already socially engaged otherwise. Accordingly, I missed the announcement.

Years ago, OpenSim (a fully open and decentralized SecondLife clone, built upon FOSS'd tech from Linden Lab - Philip Rosedale's first MMORPG-like world) was trying to decide on an inworld currency. I kept trying to push Bitcoin at them, but too many parties were trying to game the system (ha!) to eke out a rent advantage for themselves.

[jbreher]

Hard to make a dent in the principal when the Gap signs your paycheques, I guess.

Choice of career is somewhat analogous to a business deciding upon what products and services to offer, at what price. If you just wing it, with no thought to supply or demand, you're gonna have a bad time.

[jbreher]

all bcashists i've come across out and out lie.

Offense taken. I try not to lie. At least not in a non-humorous vein. Admittedly, I have on occasion been shown to be incorrect. I think I've mea culpa'd all such occasions.

Unless, of course, you have proof of the converse?

You lied about how nodes work when you were fighting with Lauda and that lot during all the XT days and onwards. Under the pretext of difference of opinion, but you are not that stupid just to be mistaken. It was a deliberate attack based on falsehood, summed up by 'the miners decide'.

I did not. Put up or shut up.

[JayJuanGee]

* nanobtc bestows imaginary merit-thingies to the clever ones in the thread.

Whatever happened to Jarosław/Walsoraj   here?  

Did he get the country straightened out, or went down in a blaze of glory?

Last posts in mid 2015... so who could keep track of such seemingly old news?

[JayJuanGee]

Current hard floor ~ $3800.



The current price ~$6595 will be the hard floor by 31 December 2018



Hard floor to be over $19k by 31 December 2020



However, previous hard floor was broken during 2014 cryptowinter in late December 2014.  



Hard floor was at $263 when broken.  Best buying was had at $152 about two weeks after breaking the hard floor, marking the absolute bottom of the cryptowinter, being 43% below 'hard floor'.   If hard floor were broken very soon, eg at $5,000, that would make a possible one-off spike as low as $2880 but really no more, which would mark the bottom of this winter on the march towards the 2020 halvening.  

More realistic is that the price will hover around its current level and break downwards through the hard floor in late December 2018.  That would put the absolute bottom of the cryptowinter on a spike downwards to ~$3,800 in January 2019.  

The price would then spend 2019 hovering in the $4k - $7k range, before breaking decisively upwards early in 2020.  

Your prediction seems really bearish, and seems to buy quite a bit into a kind of drawn out correction (bear market) scenario that is similar to the playing out of BTC prices during the 2014-2016 era. 

I recall a couple of months ago that you expected that you would not do any more  buying below $6k... but then BTC's price performance changed, which caused you to buy some more BTC below $6k (that is what you said), but if you really expect prices to go down to $3,800-ish, then did you prepare by selling some BTC or are you just sticking with a buy on the way down plan?

[JayJuanGee]

This is why americucks hate the fed.
Should've bought cryptos instead of the college meme.
USA is now world series of povos.

College tends to be a good investment, because it is investing into yourself.  Of course, if you can figure out better ways to invest in yourself, then that can work, too.

[Ibian]

This is why americucks hate the fed.
Should've bought cryptos instead of the college meme.
USA is now world series of povos.

College tends to be a good investment, because it is investing into yourself.  Of course, if you can figure out better ways to invest in yourself, then that can work, too.

Debt is never a good investment, unless you have a really solid plan for making money off the debt. How useful is multicultural basket weaving in the current economy?

[Rosewater Foundation]

Hard to make a dent in the principal when the Gap signs your paycheques, I guess.

Choice of career is somewhat analogous to a business deciding upon what products and services to offer, at what price. If you just wing it, with no thought to supply or demand, you're gonna have a bad time.

Indubitably. Her parents should have pressed her to become an ear, nose, and throat doctor. Or a hooker. 

[Ibian]

< collage loan img >
This is why americucks hate the fed.
Should've bought cryptos instead of the college meme.
USA is now world series of povos.

At one point I realized that my Thai girlfriend was richer than most American women I would ever date even though she barely makes $1k a month and has nothing. She also has no huge debt weighing her down.

People in the third world countries that don't have access to debt are richer than people in the first world.

Let that sink in.

And they have better social relations too. At the same time they live off our tourism. So, mnjeh.

[Rosewater Foundation]

* nanobtc bestows imaginary merit-thingies to the clever ones in the thread.

Whatever happened to Jarosław/Walsoraj   here?  

Did he get the country straightened out, or went down in a blaze of glory?

Last posts in mid 2015... so who could keep track of such seemingly old news?

*Jay is still shocked by things he shouldn't be shocked by

People are keeping tabs on you, Jay. Look to it.