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

[gentlemand]

Also odd is that 657,000 bitcoins altogether would've been mined in that '3 months in 2011'
So the Cabinet botnet 'was' the large majority of the hashrate.

It makes a glimmer of sense if it was 2009, but even then something like that is going to have a shit CPU. By 2011 GPUs were already in full swing and they're gawd knows how many times faster. But perhaps in Russia they have Gamer Edition terminals to pass the time.

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[mymenace]

The Shady History of Brock Pierce
https://www.reddit.com/r/btc/comments/7qlfqn/brock_pierce_chairman_of_the_board_of_directors/

Roger knows Brock right
What paid shills here are keeping quiet, speak up

Money is missing - thousands of users, customers, investors.


And paid shills want to support this guy,  

We are Satoshi
We see all
We do not forget


This market is about to go through some dramatic changes

All good and well if we knew, only those in the know understand how it all transitions.

[Ibian]

Frieza killed Vegeta.

But Super Saiyans can't be killed.

He'll come back, blonde and powerful

Too good to pass up.

[Last of the V8s]

Trump / Juncker #maga https://www.youtube.com/watch?v=mxdd_Ywy-zU

[mymenace]

Trump / Juncker #maga https://www.youtube.com/watch?v=mxdd_Ywy-zU

Everything Is Being Put Into Place For The Economic Transition
https://www.youtube.com/watch?v=NGb-qmFT1ik

[Wekkel]

My thoughts for the moment (alts not joining this rally so I expect a dud):



We have about 12-14 days now to set the "2nd top" which should roughly come out at $8,4xx again. Then, I make my move 

[Last of the V8s]

https://blog.bitmain.com/en/transparency-policy-shipping-mining-practices/
https://bitcoinmagazine.com/articles/mining-giant-bitmain-offers-new-policy-boost-its-transparency/
will help

[Rosewater Foundation]

My thoughts for the moment (alts not joining this rally so I expect a dud):



We have about 12-14 days now to set the "2nd top" which should roughly come out at $8,4xx again. Then, I make my move 

Is it a dance move?

[JayJuanGee]

My thoughts for the moment (alts not joining this rally so I expect a dud):

Does anyone know the exact relationship between alt coins and bitcoin, except that bitcoin is the dog and altcoins are the tail?  At the same time, alt coins can lead a rally or they can trail a rally or they might not come along because there is more froth in them, so I do not deny any relationship between alts and bitcoin, but I doubt that the mere fact that they are not coming along would preclude bitcoin from rallying and continuing to rally.

For other reasons, including the fact that we seem to be in a consolidation zone that might not be easy to break out of, I do agree with any assertion that BTC might not go directly up from here and break above $8,600, for example... so maybe now, our consolidation zone has moved to a range of $7,000 to $8,600, so accordingly, there would not be any reason to write home (or to get excited) about any movement within such current consolidation range.

[Wekkel]

Here from another source (TradingView):



From my perspective: invalidated if the 2nd top is way beyond $8,4xx.

[mindrust]

My thoughts for the moment (alts not joining this rally so I expect a dud):



We have about 12-14 days now to set the "2nd top" which should roughly come out at $8,4xx again. Then, I make my move  

[Robin,Hood]

My thoughts for the moment (alts not joining this rally so I expect a dud):

Does anyone know the exact relationship between alt coins and bitcoin, except that bitcoin is the dog and altcoins are the tail?  At the same time, alt coins can lead a rally or they can trail a rally or they might not come along because there is more froth in them, so I do not deny any relationship between alts and bitcoin, but I doubt that the mere fact that they are not coming along would preclude bitcoin from rallying and continuing to rally.

For other reasons, including the fact that we seem to be in a consolidation zone that might not be easy to break out of, I do agree with any assertion that BTC might not go directly up from here and break above $8,600, for example... so maybe now, our consolidation zone has moved to a range of $7,000 to $8,600, so accordingly, there would not be any reason to write home (or to get excited) about any movement within such current consolidation range.

Some do come along give me a little while i will update.

[mymenace]

The Shady History of Brock Pierce
https://www.reddit.com/r/btc/comments/7qlfqn/brock_pierce_chairman_of_the_board_of_directors/
Roger knows Brock right
What paid shills here are keeping quiet, speak up
Money is missing - thousands of users, customers, investors.

And paid shills want to support this guy,  

We are Satoshi We see all We do not forget
This market is about to go through some dramatic changes
All good and well if we knew, only those in the know understand how it all transitions.

Future proves past

[Rosewater Foundation]

Advanced Supersonic Aluminum Nazi

It's all synchromystic, do you see?

[mymenace]

The Shady History of Brock Pierce
https://www.reddit.com/r/btc/comments/7qlfqn/brock_pierce_chairman_of_the_board_of_directors/
Roger knows Brock right
What paid shills here are keeping quiet, speak up
Money is missing - thousands of users, customers, investors.

And paid shills want to support this guy,  

We are Satoshi We see all We do not forget
This market is about to go through some dramatic changes
All good and well if we knew, only those in the know understand how it all transitions.

Future proves past

notice no reference to money, blockchain evidence

its all conspiracy theory

Future proves past

Nice plan by the way. lets go, We do see all+, stay up all night with your paid shills on it

[cAPSLOCK]

Two things...


GO BITCOIN GO!

DIE BCASH DIE!

[Last of the V8s]

https://medium.com/tron-foundation/letter-to-the-community-bittorrent-acquisition-ae325875e6b9
 

[Wekkel]

https://medium.com/tron-foundation/letter-to-the-community-bittorrent-acquisition-ae325875e6b9
 

Pure marketing.

[JayJuanGee]

My thoughts for the moment (alts not joining this rally so I expect a dud):

Does anyone know the exact relationship between alt coins and bitcoin, except that bitcoin is the dog and altcoins are the tail?  At the same time, alt coins can lead a rally or they can trail a rally or they might not come along because there is more froth in them, so I do not deny any relationship between alts and bitcoin, but I doubt that the mere fact that they are not coming along would preclude bitcoin from rallying and continuing to rally.

For other reasons, including the fact that we seem to be in a consolidation zone that might not be easy to break out of, I do agree with any assertion that BTC might not go directly up from here and break above $8,600, for example... so maybe now, our consolidation zone has moved to a range of $7,000 to $8,600, so accordingly, there would not be any reason to write home (or to get excited) about any movement within such current consolidation range.

Some do come along give me a little while i will update.

I doubt that there is any kind of lasting pattern, but I suppose that correlations can exist on a short-term basis - while the overall theory remains that a large majority of the value from the various alt coins is going to flow into bitcoin - even though some of the coins might be able to find persistent use cases (beyond pump and dump) to give them longer term value, but even then, it is likely that Bitcoin will absorb them too.... one of the problem of the relatively long phases of development and adoption is that it can take so long for the new use case or even building upon use case to play out, before it gets absorbed into bitcoin, and also a lot of us might be dead before we really witness any kind of meaningful consolidation into bitcoin - talking 40-50 years.. but surely in the mean time there are likely ways to profit from shorter term correlations that have existed and are likely to continue to exist, even if there may be some revolving door aspects regarding which coins are providing which values that might go beyond pure speculation.

[JayJuanGee]

The Shady History of Brock Pierce
https://www.reddit.com/r/btc/comments/7qlfqn/brock_pierce_chairman_of_the_board_of_directors/
Roger knows Brock right
What paid shills here are keeping quiet, speak up
Money is missing - thousands of users, customers, investors.

And paid shills want to support this guy,  

We are Satoshi We see all We do not forget
This market is about to go through some dramatic changes
All good and well if we knew, only those in the know understand how it all transitions.

Future proves past

Some of your WO-bot staple slogans are starting to wear.

Pro-tip (just saying that to be snotty)... you better rotate the algorithm onto some new stupid ass, nonsensical talking point.. and yeah, quoting yourself over and over and over is really helpful to get the WO-bot word out there into the ether.