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

[Icygreen]

I have made a lot of trades before.  A LOT.  Most of you have made very few trades.  

We know, there's even a term I believed coined by blindrosemayor right here in our own thread. Getting "roached" must be for the "special" traders.

[Phil_S]

Second attack on 6450!

This is getting interesting.

[Last of the V8s]

This will end in tears

[Biodom]

Hmm. Curious how my node daily activity is following price movements today.

hmm, i don't see much of a price difference on CMC.
EDIT: haha CMC poops out
altcoins are having an uptick, which is probably correlated with another fork in prior bitcoin fork.

[bitcoinPsycho]

[El duderino_]

LOL just saw this pokerchips 

would be something for us

[goldkingcoiner]

we just broke through the 6 hour ichimoku cloud! Woot!

[HairyMaclairy]

No FOMO guys.  This rally is from the BCH fork so not organic.  

[El duderino_]

No FOMO guys.  This rally is from the BCH fork so not organic.  

it did make some changes in the BAKKT game

[Hueristic]

good morning BTC'ers waking up with some nice piece of art ain't to bad

That my friend is some cool shit!

where did you pick it up?

You must be mixing me up with someone else. 

I don't tend to make any BTC price predictions beyond 60% or maybe 65% if I am really feeling confident about a certain short term leg (which doesn't come too often). 

Currently, I feel as if I am in the sub 55% confidence arena, generally speaking, so you should not be expecting any bold statements from me, unless I usually am criticizing (or otherwise commenting about) various predictions of other forum members.

Quoting the roach, -1 WO point for you!

It's comforting to remember that the longer we stay in this side-movement limbo, accumulated trade energy will make the next move more volatile. Moon soon.

Definitely looks like accumulating.

The Hatter is a fictional character in the Wall Observer Thread. He/she/it is often referred to as the Mad Hatter

who is he/she/it?

It's the mercury ya know.

I don't know about donating organs. Anyone who gets my organs is going to be tripping balls for the rest of his life.

Mohahaaa.

[El duderino_]

No FOMO guys.  This rally is from the BCH fork so not organic.  

or



 

[bitserve]

No FOMO guys.  This rally is from the BCH fork so not organic.  

or



 

Let's not hope anything about it. It's better that way.

In the meantime Bitcoin completed a FULL YEAR over $5000 (with no single dip under) around a couple weeks ago. That is some very important consolidation milestone.

The next bull run, whenever it comes, will be mindblowing. It could even be a couple of years apart mind you... or it could be only months away... who fucking knows.

[Phil_S]

Let's not hope.

[xhomerx10]

I am conflicted on organ donation. On one hand, it makes our species as a whole weaker as people who should have died stay alive and procreate, breeding even more weak and sickly people. On the other, it maximizes the use of resources. Difficult.

So by that logic we should stop all foreign aid and let them all die from starvation and disease.

Stop all welfare payments so the unemployed (often less intelligent), sick and disabled die.

Stop anti-biotics so only the strongest survive infection.

Why not get rid of the police so society devolves into survival of fitness?

 Let's start a colony on the moon!  Go Bitcoin!!



Avatar-sized

[lamthanh3462342]

Let's not hope.

Let's hope for a good future. 
https://i.imgur.com/w7MEYwY.jpg

[jojo69]

Hmm. Curious how my node daily activity is following price movements today.

you fired your node back up?

[bitserve]

Apart from the (small) price rise. The order book seems stronger on the bid side than it was lately. Only barely though, but still.

On other news, I think an update to my previous https://coinatmradar.com/charts/#growth analysis is due:

After the stagnation on growth during July/Aug it resumed the increase at a slower pace for the next following months until today. At current peace we will complete the customary doubling for this year too, but just barely: It started the year with 2,078 ATM's worldwide, it is currently at 3,939 and the doubling will occur at 4,156.

I have also observed that some places that achieved a VERY high ATM density during the peak growth have even go down from the peak, but still way higher than at beginning of the year. Such is the case of Las Vegas which reached around 90 in the peak and it is now at 76. It has to be noted that during the peak lots of INCREDIBLY HIGH FEE (10-20%) atm's were installed there.

I predicted once a certain high density in a particular location were reached, fees should go down due to competition and have less variance, but it seems that what happened instead is that those high fees ATM's were shut down/relocated and the overall density lowered. The fair fee ATM's are still there. If you want to rip your customers, better choose a place where they have no better choice nearby....

For the next year, I predict the doubling could only occur if we experience some nice bull run alongside.... otherwise it seems only a linear increase is on the cards. We'll see.

[Torque]

https://www.cnbc.com/2018/10/30/cryptocurrency-start-up-coinbase-valued-at-8-billion-despite-bitcoins-plunge.html

I've lost all and total respect for Coinbase. Series E funding for another $300M, and still not profitable.

But especially because of this fucking quote:

"We see hundreds of cryptocurrencies that could be added to our platform today and we will lay the groundwork to support thousands in the future," Hirji said.

Hundreds? Thousands? Really?? Unfucking believable, they are working so hard to become just another Cryptsy 2.0 scammer platform.    

They could give two shits about Bitcoin, since apparently *ALL* cryptocurrencies existing now and new ones in the future are created equal in their minds. This attitude is a thousand light years from what Brian Armstrong said when he orginally founded the company.

[Last of the V8s]

[Wekkel]

[...] they are working so hard to become just another Cryptsy 2.0 scammer platform.

They see the next true Dotcom era wave coming and want to suck in as much business as possible. Makes sense.