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

[crypmike]

https://twitter.com/CryptoDonAlt/status/1048010554458198017

[Dunkelheit667]

via Imgflip Meme Generator

#bitcoin halving: only 19 months to go ... we are in the green zone!!

By that chart, we get a  largely sad pattern (to the extent that we can count on a pattern of two), because the "real up" does not seem to come until the halvening has already taken place.

It's more like... We were in uptrends one year before and after a halving.

One year before and after the 1st halving:
https://bitcoincharts.com/charts/bitstampUSD#czsg2011-11-28zeg2013-11-28ztgSzm1g10zm2g25zl
One year before and after the 2nd halving:
https://bitcoincharts.com/charts/krakenUSD#czsg2015-07-09zeg2017-07-09ztgSzm1g10zm2g25zl

And in a downtrend during years two and three after the 1st halving:
https://bitcoincharts.com/charts/bitstampUSD#czsg2013-11-28zeg2015-11-28ztgSzm1g10zm2g25zl

That's how it looks until now starting with year two after the 2nd halving:
https://bitcoincharts.com/charts/bitstampUSD#czsg2017-07-09ztgSzm1g10zm2g25zl

After an extended uptrend, we're going sideways until now. Boring, I know.

[realr0ach]

"This time its different"

2014
https://pbs.twimg.com/media/DopA27AVsAADBwt.jpg

2018
https://pbs.twimg.com/media/DopA37mUcAAzYam.jpg

https://twitter.com/xcbitcoin/status/1047721262196375553?s=21

The fact that shitcoiners ALWAYS expect every single triangle convergence to either result in an explosive move upwards or downwards is a dead giveaway that's it's nothing more than a valueless pump and dump scam. Nobody sees something like oil do a triangle convergence and say, "Okay, looks like oil is about to either go to $1 a barrel or $200."  Bitcoin is a fake commodity that's designed to centralize and unable to be anything but a pump and dump, while silver and gold are real money.

[crypmike]

via Imgflip Meme Generator

#bitcoin halving: only 19 months to go ... we are in the green zone!!

That's how it looks until now starting with year two after the 2nd halving:
https://bitcoincharts.com/charts/bitstampUSD#czsg2017-07-09ztgSzm1g10zm2g25zl

After an extended uptrend, we's going sideways until now. Boring, I know.

I think sideways movement will be continued until mid 2019, more or less (this chart confirms my thoughts)

The fact that shitcoiners ALWAYS expect every single triangle convergence to either result in an explosive move upwards or downwards is a dead giveaway that's it's nothing more than a valueless pump and dump scam. Nobody sees something like oil do a triangle convergence and say, "Okay, looks like oil is about to either go to $1 a barrel or $200."  Bitcoin is a fake commodity that's designed to centralize and unable to be anything but a pump and dump, while silver and gold are real money.

indeed. but is it bad? not sure.
this is an additional viewpoint
you only have to expect another scenario in your head.

[sirazimuth]

OT : Jim Cramer slipping up and showing his hand again, showing us the underlying corruption that is Wall Street:

https://www.cnbc.com/2018/10/04/cramer-reveals-the-10-telltale-signs-that-could-prolong-the-sell-off.html

"There's a very common trajectory when the market's going down. First, the analysts will try to keep recommending stocks and they're going to be completely ignored," the "Mad Money" host said.

"When they raise their price targets or even upgrade from 'hold' to 'buy' and no one listens, they're going to switch directions and they're going to start downgrading," he continued. "When those downgrades stop sending stocks lower, then you'll know a bottom is at hand. But we're not there yet."

Oh, so what you're saying Jim is that the analysts upgrade from 'hold' to 'buy' merely to get Average Joes to be the final bagholders on the way down? (Not because the stock is actually undervalued?)

And when that corrupt tactic doesn't work, then they reverse to 'sell' to cover their asses (and start shorting)?

Un-fucking-believable.   Can't believe that he can even say this with a straight face.

I dunno. Sounds to me like he is saying that the analysts -- as a class -- are clueless, and are following the herd, rather than leading.

yeah...market "analysts" my arse...
they are about as useful as a "psychic" is to a police investigation.

[HairyMaclairy]

https://twitter.com/CryptoDonAlt/status/1048010554458198017

Let's be clear as to people's motivations.  DonAlt runs paid groups for noobs.  He doesn't make any money in a bear market.  

[DireWolfM14]

He doesn't make any money in a bear market.

So, in other words; He's just like the rest of us.  Uninformed and shilling his brand of "bull market."

By the way, did I mention:  You should buy bitcoin.

[LFC_Bitcoin]

He doesn't make any money in a bear market.

So, in other words; He's just like the rest of us.  Uninformed and shilling his brand of "bull market."

By the way, did I mention:  You should buy bitcoin.

[JayJuanGee]

Seems awful quiet 'round here.  

Who cancelled the weekend pumps, did Rosewater take them with him..?  We should have frisked him on the way out.

Probably. I guess right now is where people gave up and nobody wants to buy in. This might go on for a while. I wonder if bitcoin will ever experience huge pumps like in the past? Those were the days.... At best now we will only have a linear increase.

Get the fuck out of here.

"linear?"

all price battles are done?

Come on.



Just to let you know.  There are a lot of things that can happen in bitcoin, and stability has about the lowest chances out of any of the things that could happen, in the short term - like 5-10 years or perhaps more.  

In other words, we are long ways from any kind of "stability"  in bitcoin, even though at the moment you might be have a feeling (in the past few months) of a supposed kind of semblance of "stability" ... a few months causes you to be proclaiming BTC "stability?"

Seems awful quiet 'round here.  

Who cancelled the weekend pumps, did Rosewater take them with him..?  We should have frisked him on the way out.

Probably. I guess right now is where people gave up and nobody wants to buy in. This might go on for a while. I wonder if bitcoin will ever experience huge pumps like in the past? Those were the days.... At best now we will only have a linear increase.

It might go on for a while, but don't write Bitcoin off just yet!  

There are only 21 million bitcoins and most have already been mined which is not enough for every entity that wants one.  If you see how many exchanges, institutions and governments are now forced to take notice, it can't be stopped or ignored.

Yes, it looks flat just now - but don't think the fireworks are over.  They aren't yet... Not by a long chalk.

We have some pain still to go through, but there will be prices in future that will dwarf the last ATH. This has always have been so, and I can only see many thousands of reasons why this process shall be seen again.

What are you talking about? Everybody knows Bitcoin is dead  mature and stable now. There is no hope for future volatility.

^^^^^^^^FTFY^^^^^^^

[crypto mania]

"This time its different"

2014


2018


https://twitter.com/xcbitcoin/status/1047721262196375553?s=21

This is confirmed for a long time that history keeps repeating itself. All Bitcoin price spikes during all these years looking this same and keep repeating this same pattern. I hope this time we will not see an exception to this rule.

[xhomerx10]

WEEKEND PUMP incoming!!!

[d_eddie]

Here comes the pump
here comes the pump
it's allright

Little darling, it's been a long cold crypto winter
Little darling, it's been like years since 20k

Here comes the pump
here comes the pump
it's allright

[podyx]

[crypmike]

Keep going!  




Wow ETH nice candle

[jojo69]

BOOYAH!!!

[JayJuanGee]

"This time its different"

2014


2018


https://twitter.com/xcbitcoin/status/1047721262196375553?s=21

Of course this time is different.  Bitcoin is almost double it's earlier age, and other "reasons."

[kurious]

Seems awful quiet 'round here. 

Who cancelled the weekend pumps, did Rosewater take them with him..?  We should have frisked him on the way out.

Probably. I guess right now is where people gave up and nobody wants to buy in. This might go on for a while. I wonder if bitcoin will ever experience huge pumps like in the past? Those were the days.... At best now we will only have a linear increase.

It might go on for a while, but don't write Bitcoin off just yet! 

There are only 21 million bitcoins and most have already been mined which is not enough for every entity that wants one.  If you see how many exchanges, institutions and governments are now forced to take notice, it can't be stopped or ignored.

Yes, it looks flat just now - but don't think the fireworks are over.  They aren't yet... Not by a long chalk.

We have some pain still to go through, but there will be prices in future that will dwarf the last ATH. This has always have been so, and I can only see many thousands of reasons why this process shall be seen again.

What are you talking about? Everybody knows Bitcoin is dead now. There is no hope.

Damn - I forgot to be pessimistic to bring on the capitulation, sorry!

But you know what? I think history is not simply a fractal pattern every time.  I think a lot of people REALLY DID think it was 'all over' last time - but 'this time' they patently do not.  And those, new to crypto who are unsure - are just waiting to see what happens.

So this time, as soon as it looks like the bear market is over and it's going back up, the scramble to grab the last coins available could be brutal. 

Hairy (and others) who I have tended to agree with, look correct - that is; that we need a crypto capitulation, a 'crypto winter'.  So, we have to see what happens in January to confirm the pattern of 2014 / 2015.  And this may come to pass, yes.

But think:  if people assume this, but if after January, things are NOT the same - then they will get nervous about missing the chance to accumulate.   The LAST chance to accumulate?  Then it's a game of chicken.  No one can drive Bitcoin to zero, there is a base level with too many buyers to get even close.  But it will only take a few funds, or one country to see BTC as 'too good to miss' for the shit to get real.

FOMO, when there are only a few coins left?  It will come, of course it will.  When?  Either after the fractal of a January dip ends the bear market, or (perhaps) the absence of the January dip. Either way, it seems we might not have not got that long to go.  Any recession in the fiat economy is another factor that will move people away from trust in the legacy system and towards real, hard money: Bitcoin.

Is Bitcoin dead?  No, of course not.  And if everyone knows that, then of course, ultimately its value can only increase.  Such is the genius of its design. 

Do what the fuck you want with your life and your resources, but one thing that makes ultimate sense is to make sure you keep hold of a little Bitcoin. No matter what.

/end of sermon

[El duderino_]

WEEKEND PUMP incoming!!!

coming with early sleep time .... good GOOD , curious for the morning , pump this shit all night long THX

[jojo69]

I think a lot of people REALLY DID think it was 'all over' last time - but 'this time' they patently do not...

So this time, as soon as it looks like the bear market is over and it's going back up, the scramble to grab the last coins available could be brutal. 

warrants some emphasis

[El duderino_]