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

[HairyMaclairy]

[JayJuanGee]

There is almost no scenario in which the price would go straight up, for example to a new ATH within a day or even within a week.  I'm not even sure whether an ETF approval would cause that, or some kind of news that some country has made bitcoin it's official currency.  Perhaps, but I have real doubts about such sudden exponential movement without any correction.

On the other hand, it is not likely, but we could get 100% or 200% within a week.. or we could get a kind of gradual UP and then, BAM, a sudden 100% to 200% UP within a week.  Is that what you mean by one of these days, moon?

Is moon past the previous ATH or is it some other number?

Where is "moon" exactly?

if ((amount of btc * btc price) > target net worth) then MOON

O.k.  Fair enough that moon is a number that would be somewhat individually tailored  - and sometimes, members might need to disclose where that point is for themselves, and sometimes just thinking about "where is moon" can be a psychological well-being point.

Part of the reason that I frequently express so much content, even though we are still bouncing around in a 66.6666% correction arena, is that I had considered $3k to $5k to have been the top of the 2017-2018-ish bubble - meaning the next bubble that was coming after the 2013 ATH of $1,163.  Accordingly, thereafter I had expected the top to have been in the $3-$5k range and then a correction into the $1k to $3k range.  Therefore, it seems to me that there is still a lot of icing on this particular cake, and it kind of already seems, to me, that a variation of moon has already arrived.

All of what I am saying does not mean that I am bearish or that there is froth  in this market, but a peak that goes to $19,666 remains in the approximately 5x area higher than expected and the correction back to $6k-ish remains in an area of about 5x higher than expected - and even with all of that 5x higher than expected, there seems to be plenty of upside potential, still.... because bitcoin continues to be in a very low adoption level - even with a lot of peeps coming into bitcoin, the numbers still remain trickles in comparison to the world population and in comparison to what is possible based on the ongoing good news in bitcoin, in terms of developments and the seeming solidity of the tech (and computing power for that matter - including bitcoin's continued winning of various infighting).

Sure there remains a question about whether alts are coming with on the next journey up, and so that could be the $1,000,000 question about how long any kind of continued correction goes on further or just drags out longer.... let's see, let's see... So even if we are at a kind of moon..., "When next moon?" might be more poignant of a question, perhaps?

[JayJuanGee]

I've never had anything substantial to say or contribute and yet here I am. It never ends with me.

Indeed, you are a total staple.

Yes.. You are going to be a "staple" too, in terms of your symbolically serving as one of the figure-heads of whiners who continue to quit, but don't actually leave, because they just want ongoing attention about their whining (which likely just amounts to a kind of trolling that continues to be tolerated in this thread  - I suppose without you dumbshit wweak hand panic-ers, BTC would be boring and only go UP in price... hahahahahhaha.. thanks for allowing waves in BTC rather than merely boring UP).  By the way, have you said "hi" to your fellow whiner, BJA, recently?

[Raja_MBZ]

Vitalik dancing in Toronto.  

https://twitter.com/crypto_rand/status/1047064586028048384

That's so... refreshing! Glad to own an exact solid ZERO ether!

[nikauforest]

0-conf croissant purchase in Brisbane? Yes, please.

How do you like Brisbane? I am going there in a few months. Looks like a great city.

[jojo69]

 The best lack all conviction, while the worst   
Are full of passionate intensity.





so many JJGs

so few mayors

[kirreev070]

https://twitter.com/cryptostardust/status/1047139458422886400

[BotanicKilt]

0-conf croissant purchase in Brisbane? Yes, please.

How do you like Brisbane? I am going there in a few months. Looks like a great city.

I found this pic on Reddit, as I know Australia's big cities are fine, though.

[Wekkel]

https://twitter.com/cryptostardust/status/1047139458422886400

I want to believe 

[xhomerx10]

0-conf croissant purchase in Brisbane? Yes, please.

How do you like Brisbane? I am going there in a few months. Looks like a great city.

I found this pic on Reddit, as I know Australia's big cities are fine, though.

 Glad to find this out; I was wondering what kind of fool person would spend $15 on a croissant.  Nice to know it didn't happen.

[ThePunisher49X]

Meanwhile, on CryptoTwitter...

More like:
Meanwhile CryptoTwitter's take on the current situation of what bitcoin is doing...
https://twitter.com/Pladizow/status/1047156389943148544

How are the bulls missing every chance they get lately?

[yefi]

...but the great game isn't over yet imho....

There is no money, only a better game

[JayJuanGee]

The fractal says a low of $3,800 in January 2019 but let’s wait and see.  It won’t be an exact match and lots of whales will be aggressively trying to chop up the market.

Fractals are quite subjective - maybe even moreso than other forms of TA.

https://medium.com/@coinobs/bitcoin-fractal-the-bullish-scenario-37f5dae1384f

Thanks for that link, infofront.

I was a bit embarrassed to ask what the fuck a "fractal" was.  hahahahahaha... but apparently, fractals are convincing phenomena in the eyes of some folk. 

[El duderino_]

https://twitter.com/cryptostardust/status/1047139458422886400

I want to believe 

Mmm so you do look @ twitter 

And make me a wanna believer as well 

[JayJuanGee]

[edited out]

No need any of these. Just memorize your seed and then you'll be able to carry your full wealth with you and there is nothing they can do to stop you.

Fucking retards.

^^^^^^Above quoted for reference^^^^^:

Hey mindrust, no need for name calling. Some of us are not young anymore.  We no longer trust our memory like we used too.

You do not have to memorize the seed - although optionally, you could memorize part of it.

Furthermore, you could write down the seed on various slips of paper or even write down parts in various places electronically in order that you can put the pieces of the seed back together (and in the correct order), and no one will know that either  the word pieces are a seed or which order the parts go back together which is not a lot to memorize, even for elderly WO thread peeps.

[criptix]

https://www.zerohedge.com/news/2018-10-02/us-gross-national-debt-soars-127-trillion-fiscal-2018-hits-215-trillion

Rekt

[yefi]

Bitcoin hasn't been in the bear mode for 4 years straight and will never be. Very strange decision to capitulate now I should say... but what are the better investment options you mentioned? Shitcoins? Real estate?  

Wow, that's some optimism right there. A four-year bear market becomes inevitable eventually. When it arrives, hopefully we see it as a house-tidying exercise to "shake the weak monkeys out of the branches" (or whatever silly colloquialism we're using then).

[JayJuanGee]

Hey mindrust, no need for name calling. Some of us are not young anymore.  We no longer trust our memory like we used too.

I was name calling the airport officers, not old people. :/

Still, If my life was depending on that, i would memorize the shit out of my seed whether if I was young or not.

You can always take a pic of your BTC seed with you and cut off/erase one or two words. A lot easier to memorize. Then just hope you won't suffer a concussion and memory loss  

I would not recommend pictures or anything that draws attention to what it is that you are taking a picture of.

Of course, there are embed code into pictures too, but there are likely easier ways to preserve while sufficiently convoluting anyone who may end up getting ahold of that data and then able to guess (or attempt to guess) the remaining parts of it.

[JayJuanGee]

Yeeaaaahhh, Monero rising 

Good comedy screwed up with alt coin pumping.  Shame on you, elrippos friend!!!!!   

[JayJuanGee]

Yeeaaaahhh, Monero rising 

Good comedy screwed up with alt coin pumping.  Shame on you, elrippos friend!!!!!