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

[BitcoinGirl.Club]

Have you guys read this: Please be CAREFULLY using trading polish platform Bitbay.net (OWN me 3000Eur)
Another crypto scandal. They are ok to accept deposit but when it comes to withdraw they have all these limitations LOL

[JayJuanGee]

There is a certain probability that the hard won $3700 resistance a week ago, turns out to be a solid support from now on. At least it held yesterday, which is a good sign. If this is so, we are definitely forming the next bull market with higher lows: 3100->3300->3700. And if the bulls hold this line, then soon everyone will be convinced that 2018 bear market was just a small hindrance that will be overcome really fast. Otherwise, we will have to endure the pains of 2015 pattern and have multiple bounces of $3300 area. Anyway, the time for accumulation cheap coins will be less than a year.

Many peeps don't realize it but everything below the previous ATH is cheap. My prediction is 6k by summer, 10-15k fall and at least 40k in December 2019 so yes you only have some 8-10 months to stock up.

40K this year? Not gonna happen.

I also think that 40K this year is a bit unrealistic from today's perspective. But let's recall early 2017. Everyone knew that the bull run from 400 to 1000 was fake. China's okex and other exchanges with 0 fees was the reason for that (I think they had >95% of the total volume). When the news of China's ban appeared, everyone was sure the bull market is over, and the price plunged back to 700-ish area for several months. How and why we reached 7K only 7 months later, I have no explanation. Multiple bad news were damaging the price: BFX problems with the banks, ETF hopes shattered by SEC, BU fork which didn't succeed thankfully, the August fork that scared some, Sept. China's ban again, Nov. fork that was cancelled, the huge dump of CW, Ver and Wu with the delusional hope of flippening. After that the only good news came about the futures, but the price was already near 10K by then. So, theoretically everything is possible, even 10x increase in the price. Let's not kill that hope. Who knows what will happen? The bull market may not be clearly visible now, but in early 2017 it was even more obscure.

O.k.  I will give $40k by the end of 2019 a 2% chance, at best.  It is more likely in the below 1% arena.  I am not going to say that it will not happen or that it could not happen, but I don't plan my life around events that are less than 1%, because that inevitably leads to disappointment, to have expectations in fantasy land of less than 1% probable.

Regarding early 2017.  As a comparison, we are not even close to being there yet.  We are somewhere in 2014 or 2015 and we do not really know where we are at yet until 1) we know that the bottom is in and 2) we are on our way up. 

I agree that based on the amount of FUD being spread in early 2017, there was a considerable degree of uncertainty, but I would hardly characterize today's level of certainty to be better than early 2017.  Get real.  Yes, there has been way more development in BTC today (such as lightning network and adoption of segwit), we have pretty much demolished some of the bitcoin naysayers and attack vectors and financialization tools/liquidation mechanisms are way better; however, price momentum still is NOT on BTC's side.  In early 2017, there had already been a year of slow grinding upward price movement, so in early 2017, the primary question was whether the top was in or if the price would continue to move up.. yes, lot's of doubt in early 2017.. but a history of 1 year of moving up, too... from $250-ish to the $900 to $1,200 arena of early 2017.

Admittedly, I am disinclined to lock myself into any fractal view of what is going to happen in bitcoin, because I remain open to any possibility, but saying that we are in early 2017 seems like pie in the sky when our current price is currently still within 20% of the most recent bottom of this cycle, $3,122.

[VB1001]

^
I can not assure you, but each entity supports its own agreement, directly or indirectly, better to read the conditions of each provider.

They're mostly mouth and no trousers:

tl;wr At some point there may have been a market amongst these things, if we're to take the mass of reports, reviews, and similar pretense available online for anything other than ad-copy and scam fodder. In any case, in January of this year the company (Wavecrest) responsible for processing, verifying, or otherwise fucking with the Bitcoin-to-Debit conveyor cut all ties with card providers and their clients, resulting in a sinkhole of empty promises, feeble forward-looking statements, and absolutely zero actual utility.

https://bitcointalk.org/index.php?topic=1242788.0 List of bitcoin debit cards
https://bitcointalk.org/index.php?topic=1410577.0 2017 Bitcoin Debit Card Reviews

Certainly Shift/conbase is ending in April, but I believe Wirex is a go.
@gentlemand is often on top of these things...

I published it for Elwar, a few days ago I was interested in Wirex and debit cards.

Thx, for the info.

[jbreher]

Bitcoin Transaction Volume Nears All-Time-Highs Despite Gloomy Market Conditions

Careful what you wish for. How much further can it grow before 'chapaign' [sic] induced autoerotic asphyxiation?

[bitcoinPsycho]

Bitcoin Transaction Volume Nears All-Time-Highs Despite Gloomy Market Conditions

Careful what you wish for. How much further can it grow before 'chapaign' [sic] induced autoerotic asphyxiation?

One word .... lightning...

[JayJuanGee]

There is a certain probability that the hard won $3700 resistance a week ago, turns out to be a solid support from now on. At least it held yesterday, which is a good sign. If this is so, we are definitely forming the next bull market with higher lows: 3100->3300->3700. And if the bulls hold this line, then soon everyone will be convinced that 2018 bear market was just a small hindrance that will be overcome really fast. Otherwise, we will have to endure the pains of 2015 pattern and have multiple bounces of $3300 area. Anyway, the time for accumulation cheap coins will be less than a year.

Many peeps don't realize it but everything below the previous ATH is cheap. My prediction is 6k by summer, 10-15k fall and at least 40k in December 2019 so yes you only have some 8-10 months to stock up.

40K this year? Not gonna happen.

Why do you think so? If we won't reach 40k I'll get a bit worried about Mr. McAffee's ummm private parts... 

Fuck McAfee.  You cannot base your view of the world on such a nutjob, and he has more than 90% chance of losing that bet.. which is either going to show him as 1) the hypocrite that he is, 2) a dumbass for making such a high personal cost bet, 3) or a crazy person if he actual follows through with such a unnecessary drama queen move.. and yeah, he would literally become a queen at that point, if he is that stupid to actually carry it out.

[CryptoNeed]

There is a certain probability that the hard won $3700 resistance a week ago, turns out to be a solid support from now on. At least it held yesterday, which is a good sign. If this is so, we are definitely forming the next bull market with higher lows: 3100->3300->3700. And if the bulls hold this line, then soon everyone will be convinced that 2018 bear market was just a small hindrance that will be overcome really fast. Otherwise, we will have to endure the pains of 2015 pattern and have multiple bounces of $3300 area. Anyway, the time for accumulation cheap coins will be less than a year.

Many peeps don't realize it but everything below the previous ATH is cheap. My prediction is 6k by summer, 10-15k fall and at least 40k in December 2019 so yes you only have some 8-10 months to stock up.

40K this year? Not gonna happen.

Why do you think so? If we won't reach 40k I'll get a bit worried about Mr. McAffee's ummm private parts... 

Fuck McAfee.  You cannot base your view of the world on such a nutjob, and he has more than 90% chance of losing that bet.. which is either going to show him as 1) the hypocrite that he is, 2) a dumbass for making such a high personal cost bet, 3) or a crazy person if he actual follows through with such a unnecessary drama queen move.. and yeah, he would literally become a queen at that point, if he is that stupid to actually carry it out.

He will just buy 1BTC for $1m from someone whatever the actual price of BTC is. This way he can tell everybody that 1BTC is worth $1m ... for him.

[jbreher]

Episode 2 of the seastead docudrama.

https://www.youtube.com/watch?v=c83TiSJ6sfA

You even get a glimpse of the interior of the seastead.

Everyone keeps requesting we show them video of the inside but neither Nadia nor I are clean freaks so cleaning has not been a priority yet. No guests means nobody to judge.

Ooh boy! A Cliffhanger!

Points for 'middle finger to oppressors'.

[jojo69]

Fuck McAfee.  You cannot base your view of the world on such a nutjob

oh, but I can

[jbreher]

BlockFi looks to boost market with launch of high-interest accounts​.

New York lending firm BlockFi announced Tuesday it is launching a crypto savings account with 6 percent annual interest, payable monthly in bitcoin or ether.

https://www.theblockcrypto.com/2019/03/05/crypto-cash-back-blockfi-looks-to-boost-market-with-launch-of-high-interest-accounts%E2%80%8B/

Well that's audacious.

How the hell can something like that be sustainable?

[Toxic2040]

Bitcoin Transaction Volume Nears All-Time-Highs Despite Gloomy Market Conditions

Careful what you wish for. How much further can it grow before 'chapaign' [sic] induced autoerotic asphyxiation?

Begone with you bear..thou art banished once again.



---------
bitcoin

Good Morning all.

The price of a bitcoin has rallied back above $3.8k as volumes roar upwards. We are currently testing resistance at the 0.382 fib and looking for support for the next rung up on the ladder. #dyor
1h


D

#stronghands'19

[Globb0]

BlockFi looks to boost market with launch of high-interest accounts​.

New York lending firm BlockFi announced Tuesday it is launching a crypto savings account with 6 percent annual interest, payable monthly in bitcoin or ether.

https://www.theblockcrypto.com/2019/03/05/crypto-cash-back-blockfi-looks-to-boost-market-with-launch-of-high-interest-accounts%E2%80%8B/

Well that's audacious.

How the hell can something like that be sustainable?

Say if they lend it out at 20%

[VB1001]

^^^
I do not know, it's hard to believe, it seems like a risky bet.

[Globb0]

Well, they borrowed it from you for 6%

[JayJuanGee]

In all predictions and TA popping out in all twitter feed.

Noobs like me get confused easily. I don't have much knowledge about TA.

No one can be so sure when the bull run comes.

Having said that all we can do is get ready no matter if it comes this year, or 2020 or even 2021.

Keep filling your little bags according to your pockets and enjoy life with your family.

And Keep sharing funny memes here.

My advice - don't trust anyone. Read, listen, analyze but remain skeptical a bit. And the main thing: HODL!  

Thanks, yup that's what I try to implement.

Plus

HODL + unload stash on right time

Define "right time"?  You know it when you see it?  Is that what you mean?   

[jbreher]

Bitcoin Transaction Volume Nears All-Time-Highs Despite Gloomy Market Conditions

Careful what you wish for. How much further can it grow before 'chapaign' [sic] induced autoerotic asphyxiation?

One word .... lightning...

And again - if there's no room in the blocks to open a channel...

[LFC_Bitcoin]

^
Great job.

BlockFi looks to boost market with launch of high-interest accounts​.

New York lending firm BlockFi announced Tuesday it is launching a crypto savings account with 6 percent annual interest, payable monthly in bitcoin or ether.

https://www.theblockcrypto.com/2019/03/05/crypto-cash-back-blockfi-looks-to-boost-market-with-launch-of-high-interest-accounts%E2%80%8B/

Wouldn’t interest me, don’t trust anybody with my bitcoin’s plus how does 6% work?
6% on the price of 1BTC at the time you lend it or as the year goes on?

You could lend them 1BTC at $3,800 with 6% annual interest but not looking so cool if we hit over $6,000 within 12 months.

Leave me out regardless.

[jbreher]

Fuck McAfee.  .. and yeah, he would literally become a queen at that point,

I don't care who ya are - that there's funny.

While I don't agree with the bulk of your post, coffee on the monitor gets a merit. Rules is rules.

[Olegya199]

[jbreher]

BlockFi looks to boost market with launch of high-interest accounts​.

New York lending firm BlockFi announced Tuesday it is launching a crypto savings account with 6 percent annual interest, payable monthly in bitcoin or ether.

https://www.theblockcrypto.com/2019/03/05/crypto-cash-back-blockfi-looks-to-boost-market-with-launch-of-high-interest-accounts%E2%80%8B/

Well that's audacious.

How the hell can something like that be sustainable?

Say if they lend it out at 20%

Yeah, that was pirate@40's claimed biz model. Again: unsustainable.

As someone pointed out above: Not yo keys, not yo bitcoin.