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

[Last of the V8s]

https://youtu.be/Da0aXfshlxM Fireside Chat: Nassim Nicholas Taleb & Naval Ravikant

https://www.fnlondon.com/articles/barclays-halts-work-on-cryptocurrency-trading-project-20181015

[Rosewater Foundation]

the air is great up here.

[El duderino_]

can't follow some of the REAL IDIOTS .....    bitcoin doesn't need the be made great again, BTC IS GREAT ALREADY.

[Bitcoinaire]

Whale alert! 🐋 Someone moved 29,999 BTC ($194M) in block 545,911

Transaction cost: $0.10

https://www.blockchain.com/btc/tx/bace354d53088d92740485ade3211309d80b427355b931a790575b6646970202 …



https://twitter.com/BtcBlockBot/status/1051921418613592066

[jojo69]

or tether knew they were solvent. spread the fud themselves. bought your bitcoins for cheap. dumped on you at the top.

jesus

[cAPSLOCK]

I think it's kinda cool that while finex deflates,  stamp is holding steady.  I mean it would be even better if they kind of met in the middle. Wink  But I'll take the other.

We saw the highest spike in volume in 6 months.

That is not about tether IMHO.  There is some pretty good news coming in. And the fundamentals are starting to interrupt this bear a little...

The tether incident is like a very drunk friend that comes to a great party and makes everyone laugh for a moment before he vomits in the punch bowl.

I think in the end the party might just survive.

[StartupAnalyst]

[goldkingcoiner]

I think it's kinda cool that while finex deflates,  stamp is holding steady.  I mean it would be even better if they kind of met in the middle. Wink  But I'll take the other.

We saw the highest spike in volume in 6 months.

That is not about tether IMHO.  There is some pretty good news coming in. And the fundamentals are starting to interrupt this bear a little...

The tether incident is like a very drunk friend that comes to a great party and makes everyone laugh for a moment before he vomits in the punch bowl.

I think in the end the party might just survive.

well, he probably won't be invited again. And while I personally like tether, I am also quite paranoid when it comes to it. But all that said, I am guessing it has around ~80% liquidity. I am sure they have not had 100% liquidity, at all times. Just observing their business practices, I also feel confident they are planning for a lawsuit, and to flee jurisdiction. And the fact that they keep dodging the audit situation and they fired their auditors, and hired a lawyer to issue an auditors report lookalike is a huge red flag to me.

[kirreev070]

S for Stablecoin

[JayJuanGee]

According to Wekkel, Roach has a Lambo, supposedly.

I meant to refer to micgoossens, my bad. Mobile phones aren't all that.... 

Oh?   Seems that I misread regarding which one is currently sporting a lambo.

So, if it is Micpeep with the Lambo, I wouldn't have thought that micpeep would be in Lambo territory until about $75k plus.. .perhaps?     I am not saying that he could not afford one now, but I am assuming a kind of multi-millionaire status before a Lambo becomes part of an arguably reasonable fabric rather than a show-off piece that stretches the budget because the "owner" can barely afford it.

Maybe I missed some evidentiary posts in that direction?

via Imgflip Meme Generator

Seems like you missed that one .....

Hahahahahaha

I did not miss that subsequent post from you in which you denied owning a Lambo.  I made my above post, then I saw your Lambo denial - but that subsequent denial did not change my assessment of the situation (accordingly, I felt no need to amend or edit my earlier post)... 

By the way, since you seem interested in this topic about when or whether Micpeep is going to buy a Lambo, do you have a response to my earlier assessment that Lambo territory for you would be in the supra $75k BTC territory - that is if you are at all in the mood for Lambos?  What do you think?  Was I in the ball park? 

[toknormal]

The tether incident is like a very drunk friend that comes to a great party and makes everyone laugh for a moment before he vomits in the punch bowl.

They made a film about it.

[El duderino_]

According to Wekkel, Roach has a Lambo, supposedly.

I meant to refer to micgoossens, my bad. Mobile phones aren't all that.... 

Oh?   Seems that I misread regarding which one is currently sporting a lambo.

So, if it is Micpeep with the Lambo, I wouldn't have thought that micpeep would be in Lambo territory until about $75k plus.. .perhaps?     I am not saying that he could not afford one now, but I am assuming a kind of multi-millionaire status before a Lambo becomes part of an arguably reasonable fabric rather than a show-off piece that stretches the budget because the "owner" can barely afford it.

Maybe I missed some evidentiary posts in that direction?

via Imgflip Meme Generator

Seems like you missed that one .....

Hahahahahaha

I did not miss that subsequent post from you in which you denied owning a Lambo.  I made my above post, then I saw your Lambo denial - but that subsequent denial did not change my assessment of the situation (accordingly, I felt no need to amend or edit my earlier post)... 

By the way, since you seem interested in this topic about when or whether Micpeep is going to buy a Lambo, do you have a response to my earlier assessment that Lambo territory for you would be in the supra $75k BTC territory - that is if you are at all in the mood for Lambos?  What do you think?  Was I in the ball park? 

So you getting more intrested in our car choices these days ?? 

[JayJuanGee]

BTC’s price will be:  First column in 2-3 years    Second column in 6-7 years

Below $1k =             Less than 3%      Less than 1.5%

$1k to $3k =              8% to 12%              7% to 9%

$3k to $5k =             10% to 15%      8% to 12%

$5k to $10k =              10% to 15%      8% to 12%

$10k to $19k =              15% to 18%      12% to 15%

$19k to $30k =             15% to 18%      15% to 18%

$30k to $50k =             15% to 18%      15% to 18%

$50k to $100k =             12% to 15%      15% to 18%

$100k to $500k =              5% to 10%      10% to 15%

$500k to $1mill =              2% to 4%      10% to 15%

More than $1mill =             Less than 1%      Less than 5%


...we cannot rule out extremely bearish or extremely bullish scenarios, even though the probabilities seem to be on a kind of upwardly skewed bell curve.

That is a fair way of putting it, and yes, I would broadly agree with those 'guesstimates'.

'upwardly skewed bellcurve'   : I also like that term !   It can be termed bullish, even though there are very significant probabilities of loss in the next few years.

It does seem that frequently there are quite a few of us who may agree on the overall parameters, but then we also might get into some pretty BIG QUIBBLES regarding particulars... and especially we may get caught up on more loud arguing during higher periods of volatility when it can be quite difficult to get bearings on both what is going on and how any of us might think about what is going on while we are caught up in it.

Regarding your point about "significant probabilities of loss in the next few years,"  I largely agree with you that upside potential for bitcoin would likely remain significantly intact, even if from here on we suffer tremendously for two to three years.  It may be worse for getting back UP if either $2k or $1k support is broken for any significant period of time - which surely, I place the odds pretty low (at least at this time) for those kinds of levels of support to be broken (even though certainly not impossible). 

By the way, I am surprised that you largely agree with my numbers.... I would have thought that if you independently put your own numbers into those same slots, you are going to come out a bit different and even higher percentages for the possible downside?  Yes  or  no?  or does my guestimation range completely capture your current thinking on the topic?

[JayJuanGee]

According to Wekkel, Roach has a Lambo, supposedly.

I meant to refer to micgoossens, my bad. Mobile phones aren't all that.... 

Oh?   Seems that I misread regarding which one is currently sporting a lambo.

So, if it is Micpeep with the Lambo, I wouldn't have thought that micpeep would be in Lambo territory until about $75k plus.. .perhaps?     I am not saying that he could not afford one now, but I am assuming a kind of multi-millionaire status before a Lambo becomes part of an arguably reasonable fabric rather than a show-off piece that stretches the budget because the "owner" can barely afford it.

Maybe I missed some evidentiary posts in that direction?

via Imgflip Meme Generator

Seems like you missed that one .....

Hahahahahaha

I did not miss that subsequent post from you in which you denied owning a Lambo.  I made my above post, then I saw your Lambo denial - but that subsequent denial did not change my assessment of the situation (accordingly, I felt no need to amend or edit my earlier post)... 

By the way, since you seem interested in this topic about when or whether Micpeep is going to buy a Lambo, do you have a response to my earlier assessment that Lambo territory for you would be in the supra $75k BTC territory - that is if you are at all in the mood for Lambos?  What do you think?  Was I in the ball park? 

So you getting more intrested in our car choices these days ?? 

Lambo is not just a car, it is a lifestyle choice, and the purchase or aspirations regarding such can say quite a bit about a person.

I have posted my own views in the past about such topic, so I don't mind sharing some of my current thinking, either if anyone is interested - but I do frequently get accused of "oversharing" so sometimes I will attempt to self-regulate (believe it or not?)... hahahahaha

[JayJuanGee]

The little spike triggered my safety stop, so I gained 10% less than I could have if I'd closed at the local bottom. Not going to open another short for the moment.

Call me paranoid, but it was so quick and sharp that it looks just like stop hunting.

I am sure that you recognize that "stop hunting" can happen at any time, and it is part of the parameters of "playing around with margin." 

If you are going to use margin, you gotta be prepared for any manipulation that is quite hard to gauge, especially if you are not either the one doing the manipulating or have some kind of insider information about it.

Surely, it is better to fail to earn as much (such as 10%) like you mentioned, rather than getting caught with a losing position which is also part of the balancing of positions test that you seem to be considering when you first place your shorts and your seeming current reluctance to enter a short at this time.

[StartupAnalyst]

[El duderino_]

YEAH



NOW




  

[Hueristic]

10 pages today, I guess the price went up?

[El duderino_]

THEY SHOULD MAKE ONE FOR coiners and nocoiners as well......

or BTC'ers and Bcashers etc

 

[BTCMILLIONAIRE]

THEY SHOULD MAKE ONE FOR coiners and nocoiners as well......

or BTC'ers and Bcashers etc

 

Apple just announced emojis for BCashers.