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

[JayJuanGee]

80 days into our new Bull Market, and all is well. 

Eat drink and be merry.

For tomorrow we Pump.

I will concede that there are several ways to measure waves or even the beginning or end of a bear/bull market.

Apart from the ongoing fact that you are trolling with your way too premature assessment that we are allegedly in a bull market, another point is that generally we would not measure the beginning of a bull market from the point of the lowest price of the cycle, unless clearly there is only one touch down point.  Currently, you could be correct that in this cycle, the $3,122 on December 14 will be the last of the sub $3,300 low points.

If you recall in mid-January 2015, we had a sub $200 BTC price that peaked all the way down to about $152; however, there were no further breaches of $200 throughout 2015 - even though in mid-August 2015, there was a very close attempt to breach $200 and even though for a very extended period of time, there were several unsuccessful attempts to get BTC prices to go below $220. 

Perhaps we could call the jumping off point as $152; however the more accurate assessments would be to call the jumping off point as either $220 or mid-$200s, and personally, I consider $250 to be a fair jumping off price in order to give a general assessment of the starting point of the 2016/17 bull run, that really started in about October 2015, but we did not have much confidence of such bull run until about the end of May 2016 when the BTC price finally went above $500 and largely stayed above $500 thereafter.

By late 2016 and early 2017, there were some bears (and perhaps no coiners, too) who were wishing for sub $500 coins, and subsequently, those were revealed to be pie in the sky fantasy wishes.  We still do not know, for sure, if some of the wishes for sub $2k  are pie in the sky wishes, even though with more passage of time, there seems to be a ramping up of buy support even while we are not out of the (bear/nocoiner) woods yet.

[JayJuanGee]

So I have been thinking, I have some play money on a phone I don't use, some 400 USD worth of bitcoin.
I'm thinking about converting them to litecoins and hope for a halving spike.
I gotta do something, this sideways is just too boring, I need at least some of the kicks you get when the price goes up.

[LFC_Bitcoin]

So I have been thinking, I have some play money on a phone I don't use, some 400 USD worth of bitcoin.
I'm thinking about converting them to litecoins and hope for a halving spike.
I gotta do something, this sideways is just too boring, I need at least some of the kicks you get when the price goes up.

Not condoning it but if he thinks it’ll pump so he can increase his bitcoin stash then why not.

[Arriemoller]

So I have been thinking, I have some play money on a phone I don't use, some 400 USD worth of bitcoin.
I'm thinking about converting them to litecoins and hope for a halving spike.
I gotta do something, this sideways is just too boring, I need at least some of the kicks you get when the price goes up.

Not condoning it but if he thinks it’ll pump so he can increase his bitcoin stash then why not.

JJG, you do know that I have you on ignore don't you?
I only see your posts if someone else quotes them.

Yeah I was thinking about it as an experiment just to see if I at the end of the experiment will have more or less bitcoin than before.

[JayJuanGee]

So I have been thinking, I have some play money on a phone I don't use, some 400 USD worth of bitcoin.
I'm thinking about converting them to litecoins and hope for a halving spike.
I gotta do something, this sideways is just too boring, I need at least some of the kicks you get when the price goes up.

Not condoning it but if he thinks it’ll pump so he can increase his bitcoin stash then why not.

This is why:



We are in a bitcoin thread.  Go take your off topic, shit coin pumping, "I am bored" talking points* and gambling fantasies to another thread.

Next thing you will be saying that litecoin prices are leading the bitcoin prices...  

* Don't we have plenty to talk about in bitcoin, or alternatively we could talk about the weather.  helrow?

[JayJuanGee]

So I have been thinking, I have some play money on a phone I don't use, some 400 USD worth of bitcoin.
I'm thinking about converting them to litecoins and hope for a halving spike.
I gotta do something, this sideways is just too boring, I need at least some of the kicks you get when the price goes up.

Not condoning it but if he thinks it’ll pump so he can increase his bitcoin stash then why not.

JJG, you do know that I have you on ignore don't you?

Do you think that I give a ratt's ass about that?

I only see your posts if someone else quotes them.

Aren't you special?

Yeah I was thinking about it as an experiment just to see if I at the end of the experiment will have more or less bitcoin than before.

O.k.  Go talk about it somewhere else.  I am sure that there are threads about how wonderful litecoin is and how it is leading the BTC price because it is likely going to pump more because its halvening comes first.. blah blah blah..

Who cares?

[cool4y]

BTC has been so stable, where's the volatility, fluctuations, crazy swings and excitement? 

[cool4y]

Fantastic game.

Real Madrid vs Ajax....1 - 4 

The White Ballet was crushed peremptory. The king is naked  Nevertheless, all credit goes to the young squad of Ajax

[serveria.com]

So I have been thinking, I have some play money on a phone I don't use, some 400 USD worth of bitcoin.
I'm thinking about converting them to litecoins and hope for a halving spike.
I gotta do something, this sideways is just too boring, I need at least some of the kicks you get when the price goes up.

Not condoning it but if he thinks it’ll pump so he can increase his bitcoin stash then why not.

JJG, you do know that I have you on ignore don't you?
I only see your posts if someone else quotes them.

Yeah I was thinking about it as an experiment just to see if I at the end of the experiment will have more or less bitcoin than before.

Sometimes I think JJG is a bot or some kind of AI.     

[hacker1001101001]

I am sure that there are threads about how wonderful litecoin is and how it is leading the BTC price because it is likely going to pump more because its halvening comes first.. blah blah blah..

I guess Litecoin is inspired from Bitcoin nothing else.

[Majormax]

[edited out]

Perhaps our Roach and his future lover Gembitz were slain as the bear market morphed into a new Baby Bull Market.  

I am not going to go so far as to say that there is no such thing as a "baby bull market" but surely we are not in such a market yet.

The evidence seems pretty strong that we are currently in a bear market... however, subsequently, if the current bottom of $3,122 is not breached, and better yet $3,700 is NOT breached then there could be some later BTC price behavior that causes us to subsequently describe this period as the beginning of a bull market (aka baby bull)... but we are very far from such a defined state, and it remains about a 52% to 48% proposition that the bottom is NOT in.

Yes , concisely put.. it is as simple as that.  If you use logic and pattern recognition,  the log-scale 9 year chart shows a progression which is clear. As I have always said, a 2019/2020 low at approx $2000-$3000 is about right. Whether that low is in now, or whether there is a further drop will only be resolved with the passage of time . +/- a year or two or a thousand or two does not change the long term pattern.

[StartupAnalyst]

The photo shows the reaction of the girl who accidentally heard what the guys from the gang of WO do. 

[Totscha]

BTC has been so stable, where's the volatility, fluctuations, crazy swings and excitement? 

I'll take a wild guess: You weren't here in 2015. That was a boring and flat year.

[Arriemoller]

So I have been thinking, I have some play money on a phone I don't use, some 400 USD worth of bitcoin.
I'm thinking about converting them to litecoins and hope for a halving spike.
I gotta do something, this sideways is just too boring, I need at least some of the kicks you get when the price goes up.

Not condoning it but if he thinks it’ll pump so he can increase his bitcoin stash then why not.

JJG, you do know that I have you on ignore don't you?
I only see your posts if someone else quotes them.

Yeah I was thinking about it as an experiment just to see if I at the end of the experiment will have more or less bitcoin than before.

Sometimes I think JJG is a bot or some kind of AI.     

I hope he is a human, and I hope he comes to the 100k party so I can punch him in the face.

[El duderino_]

Back on mainland and @ a decent hotel....,

But i have to say last days were awesome (yeah i know very difficult to belief whiteout the great WO-thread...) but still it was, even didn’t missed my phone for a sec, Then again it was only 3-days of-course.

Crazy thing is we started with the crew and 17 people (us Inc)
4 of them french (of-course almost didn’t Spoke if nothing was asked to them, Then again i know french peeps)
2 belgiums we ( super socials )
And
11 ( 5 couples D idn’t know each other and 1 lone traveller .... Holland peeps)

Holland are always SUPER social so that was very fine with me
Didn’t took long before the what are you’re IRL doings were asked....
Me started talking BTC of those Holland 1 couple aaaah yeah but isn’t that going bad as 20K to ??
1 did own Some crypto bit just didn’t look as much anymore bought end 2017
1 sad... its like you have nothing in you’re hand just Some cooked air....
Didn’t talked to long about it ( but most have heard of it, 2 -3 were intrested)

I do like the insane beautyfull islands of the philippines (not gonna send to much pics in just a few)

via Imgflip Meme Generatorvia Imgflip Meme Generator

via Imgflip Meme Generatorvia Imgflip Meme Generator

Still didn’t read through the +-20-30 pages i guess

But i did missed the place here
Sunny greeting from us ( sun is always something excited for us belgians after a winter of-course)

Good to be on mainland again and ready to Discover the locale on El Nido

(WTF happend @football.... 1-4 real-Ajax= saaaay what!!!, LFC gonna do the same please THX)

[Last of the V8s]

Great to hear from you Mike and greetings to your Queeen.
Don't worry about us, we will somehow survive without you for a short while more.
The price went up a little.  

[kenzawak]

4 of them french (of-course almost didn’t Spoke if nothing was asked to them, Then again i know french peeps)

 

Glad you're having a good time !
It looks beautiful where you are.

[Arriemoller]

Nice too see you are having a good time Mic.
Hope the rest of your holiday is nice too.

[HairyMaclairy]

Hi Mic glad to hear you and Queen are having a nice time.  Beautiful water - is it fish for dinner?

The price went up a little. 

It’s a bearish rally.  

[ChinkyEyes]

Looks like you are having a good time Micg, enjoy!

Cryptoqueen searching for the bottom, hope she finds it quickly