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

[LFC_Bitcoin]

Surely 11% of greater than $5k by March 19 comes off as pretty low odds..... thus a very conservative perspective.

Personally, off the top of my head, I would have placed the odds of greater than $5k higher than 11%, but on reflection, $5k is about a 40% price appreciation from our current price, so it is difficult to suggest really great odds to expect a 40% price appreciation in BTC in merely about 2 months - especially in this current climate.

By the way, I did input the website on the chart and was able to find it... So here is a link

http://www.sk3w.co/options

The thing is Jay, it wouldn’t take THAT much buying to get us to $5,000 would it? A bit of a whale pumping & some FOMO $5,000 could be hit definitely. Remember how quickly we nose dived from $6,000 to low $3,000’s based on nothing in particular.

I’m not saying we will see $5,000 in 2 months but we definitely could.

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[Cryptotourist]

Theymos lied to us!

No he didn't really.
Just the shear fact the he mentioned it and got immediately involved (payments), should have been a strong indicator of what was will be waz up brooo.

Actual footage:



Combined with technology and use of course.

[JayJuanGee]

Greetings.

I am new to these forums.

I have a few hundred Bitcoin that are dollar-cost averaged mined at $0.

Is now a good time to dump my bags ? I am having extreme difficulty deciding. What should I do ?

Hm?  I understand that you are mocking a troll position, but it still reminds me of a kind of skepticism that I have involving any claims to dollar cost averages of zero or less - even though I know that there are ways to do it, including selling off to recoup costs and then only playing with house money.

In other words, to me, it seems that we continue to be in a BTC accumulation phase, so I am skeptical of anyone who does not continue to invest and accumulate bitcoin in these times, and the only exception would be for folks who acquired way more coins than they need to continue to maintain a passive income for their lifestyles until the end of their lives, which would include peeps who reasonably conclude that their expected life is so short that cashing out of BTC is the most prudent approach (based on that timeline).

[yefi]

Just curious. Why are you documenting all your eating experiences in this thread?

Just curious.

At least he's not documenting it coming out the other end.

(Gentlemand, new hobby for you?)

[JayJuanGee]

Surely 11% of greater than $5k by March 19 comes off as pretty low odds..... thus a very conservative perspective.

Personally, off the top of my head, I would have placed the odds of greater than $5k higher than 11%, but on reflection, $5k is about a 40% price appreciation from our current price, so it is difficult to suggest really great odds to expect a 40% price appreciation in BTC in merely about 2 months - especially in this current climate.

By the way, I did input the website on the chart and was able to find it... So here is a link

http://www.sk3w.co/options

The thing is Jay, it wouldn’t take THAT much buying to get us to $5,000 would it? A bit of a whale pumping & some FOMO $5,000 could be hit definitely. Remember how quickly we nose dived from $6,000 to low $3,000’s based on nothing in particular.

I’m not saying we will see $5,000 in 2 months but we definitely could.

I'm not trying to be a party poop, but you even made a similar point as me in an earlier post of yours today, just about four hours ago.

In essence, you recognized that our current crypto winter period feels similar to the 2015 crypto winter.  I will assert that you wrongly described the range as $200 to $350 because the range during that period was mostly $220 to $280 (exceptions of course).  Anyhow, the point is that we were stuck in that range for about 8 months, largely after the BTC price precipitously dropped from the upper $300s/lower $400s, and then got largely stuck between $220 to $280 for 8 months.

Of course, I would not proclaim that this time around BTC have to follow the same pattern (or fractal as they like to say), but I am suggesting that there are decent odds that it is going to take a whole hell of a lot to get us back above $6k.. and I am including getting above $5k in that assessment, too which was described pretty low odds (11%) to get above $5k by March 19.

As I stated in my above post, maybe I would come to a bit of a higher than 11% conclusion, but I am also recognizing that there is quite a bit of a momentum change that would have to take place to get BTC prices to get moving in an upwardly direction in such a short period of time.  On the other hand, once the momentum gets going up, then that becomes a bit of a different story regarding how much upwards grounds can be covered in a short period of time.  I suppose that I am just making a claim about momentum and momentum change rather than any kind of claim about the upwards violence possibilities that can come once the momentum is changed into upwards, which is likely to happen also, but just a matter of when.

[JayJuanGee]

Just curious. Why are you documenting all your eating experiences in this thread?

Just curious.

At least he's not documenting it coming out the other end, yet.

(Gentlemand, new hobby for you?)

FTFY       

[Last of the V8s]

In other hate-crimes against limericks https://blogs.spectator.co.uk/2019/01/is-it-now-a-crime-to-like-a-poem-about-transgenderism/

You’re a man.
Your breasts are made of silicone
Your vagina goes nowhere
And we can tell the difference
Even when you are not there
Your hormones are synthetic
And lets just cross this bridge
What you have you stupid man
Is male privilege.

This is where it gets incredibly sinister. The cop told me that he needed to speak with me because, even though I’d committed no crime whatsoever, he needed (and I quote) ‘to check my THINKING!’ Seriously. Honestly.

[Last of the V8s]

In further buggers https://twitter.com/peterktodd/status/1089215732250902533

[Arriemoller]

You can do it, but it is still ilegal. They would need to prove it is you who is doing it though. One bill every so often and probably nothing will happen, but if a lot of "stamped" bills are coming from you and it gets detected you would be into serious problems. Or maybe not... as even if the law exists it has never got to trial even once (at least in Spain).

Don't know where you live, but checked for the Euro notes, and it is definitely not illegal.
Hell some banks/store even use a special pen to write on it to check the note is not counterfeited.

also

According to the European Commission's Recommendation dated 22 March 2010,[32] "Member states must not prohibit or punish the complete destruction of small quantities of Euro coins or notes when this happens in private.

To me since destroying is the next step of defacing, I think this implies you can't get punished for doing it.

Legal in Sweden https://www.bbc.com/news/10526907
https://www.thelocal.se/20100706/27630

[Arriemoller]

Just finished my evening dinner. It was a two dollar TV dinner with mostly macaroni and sausages.
For dessert I'm scooping up nutella from the jar using the dinner knife.
No photos will be shown.

[Last of the V8s]

@UncleRico77 Jan 25 https://twitter.com/UncleRico77/status/1088845137202024453

Bull Case: Fed is done tightening and will halt balance sheet reductions, China launching stealth QE, ECB ready to do MOAR easing, BOJ QE forever, China trade deal coming, US Govt re-opens.

Bear Case: The entire world is a farce of a sham of a clusterfuck.

[Anon136]

Meanwhile in the other bro WO thread, Grin goes ballistics and again I watch the train leaving.

Just sit tight. You are fine. No amount of hype in the universe can overcome the early inflation of a fairly released crypto. I don't think it ever has happened and I doubt it ever will. After this initial burst there will be a long cold winter. Spring can only come after that. Here are the early days of monero.

[yefi]

The avatar of yefi kind of looks like an oracle - especially with underwear horns.    (I mean halo)   

Stare deep enough into my pants and the future will be revealed to you.

[Arriemoller]

I'll keep my greetings in one post.

Happy birthday, VB! I hope by next one you'll be disgustingly rich ;-)

Welcome back, erre! I'm glad account recovery worked for you.

Hello Masterluc! Hope they are treating you well in the asylum.

Hello, weekend! What will you be? Pump, dump or dumb (sideways)?

And since I'm a lazy fuck I'll just copy d_eddie.

Happy birthday, VB! I hope by next one you'll be disgustingly rich ;-)

Welcome back, erre! I'm glad account recovery worked for you.

[HairyMaclairy]

This is where it gets incredibly sinister. The cop told me that he needed to speak with me because, even though I’d committed no crime whatsoever, he needed (and I quote) ‘to check my THINKING!’ Seriously. Honestly.

It’s fair to say that the socialist thought police are fairly ineffectual given our resident troll has repeatedly called for Jewish genoicide in this thread.  

The widespread persecution of hetero white males persists largely in the imagination of conspiracy theorists. Whatever gets you out of bed in the morning.

[serveria.com]

Greetings.

I am new to these forums.

I have a few hundred Bitcoin that are dollar-cost averaged mined at $0.

Is now a good time to dump my bags ? I am having extreme difficulty deciding. What should I do ?

Puuuuuuuuuuleeeeeeaz HODL If you sell now, who would host a $100k party for us? 

[Toxic2040]

The Bear report.

Another short lived rally followed by a dump back to previous levels. Until this channel is firmly broken and sustained its back to sideways and probably a lot more downwards than we all want or expect.  #dyor

2h


D

[windjc]

The Bear report.

Another short lived rally followed by a dump back to previous levels. Until this channel is firmly broken and sustained its back to sideways and probably a lot more downwards than we all want or expect.  #dyor

2h


D

With all due respect your 2nd chart with the "ultimate bear" channel is ridiculous. It really undermines your point.

[windjc]

The W200 has held yes or no? Yes.

The W200 held in 2015 even though it closed slightly under it for two weeks in a row and also wicked below it twice, yes or no? Yes.

The W200 has never been broken decidedly in the history of BTC charting, yes or no? Yes.

This means we shouldn't get ahead of ourselves, yes or no? Yes.

[Wekkel]

@UncleRico77 Jan 25 https://twitter.com/UncleRico77/status/1088845137202024453

Bull Case: Fed is done tightening and will halt balance sheet reductions, China launching stealth QE, ECB ready to do MOAR easing, BOJ QE forever, China trade deal coming, US Govt re-opens.

Bear Case: The entire world is a farce of a sham of a clusterfuck.

Probably the bull case. If logic and truth would matter, it would have blown up a long long time ago already.