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Question: Closing BTC Price June 28:
$0 - 5 (3.3%)
<$7,000 - 4 (2.6%)
$7,000-$7,499 - 0 (0%)
$7,500-$7,999 - 0 (0%)
$8,000-$8,499 - 1 (0.7%)
$8,500-$8,999 - 3 (2%)
$9,000-$9,499 - 4 (2.6%)
$9,500-$9,999 - 26 (17.2%)
$10,000-$10,499 - 23 (15.2%)
$10,500-10,999 - 12 (7.9%)
$11,000-$11,499 - 14 (9.3%)
$11,500-$12,000 - 14 (9.3%)
>$12,000 - 32 (21.2%)
>$20,000 - 13 (8.6%)
Total Voters: 151

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21242395 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (66 posts by 16 users deleted.)
micgoossens
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March 08, 2019, 02:35:13 AM

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micgoossens
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March 08, 2019, 02:36:15 AM

Time to meet-up with the sun

Have a good and hopefully green day WO’s
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It's over 9000!


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March 08, 2019, 02:38:20 AM
Last edit: March 08, 2019, 03:28:52 AM by xhomerx10


 That's an xhomerx10 original if I've ever seen one.
bones261
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My hat is in storage. https://ibb.co/YLkPgXb


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March 08, 2019, 02:45:32 AM

xhomerx10, may I please have a new hat? I want one with a cool 3d effect. Pretty please. Any bone theme will be sufficient. It doesn't have to be the mutant angler fish.
micgoossens
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March 08, 2019, 02:45:49 AM


Good Then i can add it to my main collection when i’m back home Wink
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March 08, 2019, 02:46:24 AM

[edited out]

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

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.

The market has been bullish for 82 days since the low of 3122. For Bears to claim continuation of a bear market they will have to break this low. The burden of proof is on them. Its a Baby Bull Market until then. Bears never broke the Jan 15 low in 2015 and the rest of 2015 was a bull market. We are in the same pattern until proven otherwise.

Its a Bull Market ya know.

Seems to me Lambie Slayer is a nice person. Would like to meet him @ the 100k party next year.  Cool

Very much looking forward to meeting you sir. 100k will be a beautiful day Grin
micgoossens
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March 08, 2019, 02:48:26 AM

xhomerx10, may I please have a new hat? I want one with a cool 3d effect. Pretty please. Any bone theme will be sufficient. It doesn't have to be the mutant angler fish.

Cool and XhomerX when are you gonna 3D upgrade yourself with those romania colours or with Some cool HULK/thor avatar
HAT?
Cause we are running into Avengers endgame and i now your a FAN Cheesy
JayJuanGee
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March 08, 2019, 02:56:12 AM

[edited out]

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

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.

The market has been bullish for 82 days since the low of 3122. For Bears to claim continuation of a bear market they will have to break this low. The burden of proof is on them. Its a Baby Bull Market until then. Bears never broke the Jan 15 low in 2015 and the rest of 2015 was a bull market. We are in the same pattern until proven otherwise.

Its a Bull Market ya know.

Seems to me Lambie Slayer is a nice person. Would like to meet him @ the 100k party next year.  Cool

Very much looking forward to meeting you sir. 100k will be a beautiful day Grin


Even "roach wannabes" can have some humor in them.   Cheesy Go figure.  Wink
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March 08, 2019, 02:57:55 AM

Sorry it's a terrible headline and nobody's banning anything yet. But would certainly validate rather than crush.

The only thing it validates is my claim that govt has zero plans to allow people to use anything other than a non-fungible, govt tracking and enslavement system that gets rid of cash and abolishes the 5th amendment. Bitcoin accomplishes those goals but the others apparently don't.  Hence why there's absolutely no reason to support digital shitcoins over physical metals.  Shitcoins are extremely conducive to creating complete dystopias, but metals are not.
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March 08, 2019, 03:21:57 AM

xhomerx10, may I please have a new hat? I want one with a cool 3d effect. Pretty please. Any bone theme will be sufficient. It doesn't have to be the mutant angler fish.

 You had me at "may" Smiley  Give me a few days though because I'm away from my desktop.
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It's over 9000!


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March 08, 2019, 03:31:15 AM

xhomerx10, may I please have a new hat? I want one with a cool 3d effect. Pretty please. Any bone theme will be sufficient. It doesn't have to be the mutant angler fish.

Cool and XhomerX when are you gonna 3D upgrade yourself with those romania colours or with Some cool HULK/thor avatar
HAT?
Cause we are running into Avengers endgame and i now your a FAN Cheesy

 To be honest, it never crossed my mind to upgrade my own!  Not  a bad idea though Smiley
bones261
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March 08, 2019, 03:34:31 AM

xhomerx10, may I please have a new hat? I want one with a cool 3d effect. Pretty please. Any bone theme will be sufficient. It doesn't have to be the mutant angler fish.

 You had me at "may" Smiley  Give me a few days though because I'm away from my desktop.


I can't wait.  Smiley

https://www.youtube.com/watch?v=wlwnbcxBuzI
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March 08, 2019, 04:11:19 AM

[edited out]

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

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.

The market has been bullish for 82 days since the low of 3122. For Bears to claim continuation of a bear market they will have to break this low. The burden of proof is on them. Its a Baby Bull Market until then. Bears never broke the Jan 15 low in 2015 and the rest of 2015 was a bull market. We are in the same pattern until proven otherwise.

Its a Bull Market ya know.

Seems to me Lambie Slayer is a nice person. Would like to meet him @ the 100k party next year.  Cool

Very much looking forward to meeting you sir. 100k will be a beautiful day Grin


Even "roach wannabes" can have some humor in them.   Cheesy Go figure.  Wink

When 100k comes Im guessing Rebal15 will be holding .05 BTC and thinking he did well over the years. Grin

The new Bull Market will only truly reward true believers. Debbie downers and doubters will have the scraps if they are lucky. A fool and his coin are soon parted.
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March 08, 2019, 04:20:24 AM

[ edited out]

When 100k comes Im guessing Rebal15 will be holding .05 BTC and thinking he did well over the years. Grin

The new Bull Market will only truly reward true believers. Debbie downers and doubters will have the scraps if they are lucky. A fool and his coin are soon parted.

Fair enough.  Some of those troll/shill/bitcoin naysayers will either come around to bitcoin earlier or they are stacking satoshis on the side, but you are correct that a more sound strategy would be to stack satoshis and discontinue with the bitcoin bashing... so buy the time $100k comes (assuming it does), they will at least be in the more than 1 BTC club, and better yet if they could stack enough to either get into the double digit BTC club or the 21 club.
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March 08, 2019, 04:30:51 AM

[ edited out]

When 100k comes Im guessing Rebal15 will be holding .05 BTC and thinking he did well over the years. Grin

The new Bull Market will only truly reward true believers. Debbie downers and doubters will have the scraps if they are lucky. A fool and his coin are soon parted.

Fair enough.  Some of those troll/shill/bitcoin naysayers will either come around to bitcoin earlier or they are stacking satoshis on the side, but you are correct that a more sound strategy would be to stack satoshis and discontinue with the bitcoin bashing... so buy the time $100k comes (assuming it does), they will at least be in the more than 1 BTC club, and better yet if they could stack enough to either get into the double digit BTC club or the 21 club.

Agreed. Sadly I doubt Rebal15 will last long in this game. I think his first post was something about if it goes down anymore he will sell everything Roll Eyes

He has been called a Roach alt, but Im gonna give Roach a lot more credit than that.

Rebal15 if im wrong and you gain some conviction and act diligently to stack more coin, then kudos to you. Its still very early and 100k is inevitable.
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March 08, 2019, 04:32:46 AM

https://www.youtube.com/watch?v=9RHV9K-ditk

This little Bull calf gets stronger each day. Cheesy
micgoossens
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March 08, 2019, 04:45:37 AM

xhomerx10, may I please have a new hat? I want one with a cool 3d effect. Pretty please. Any bone theme will be sufficient. It doesn't have to be the mutant angler fish.

 You had me at "may" Smiley  Give me a few days though because I'm away from my desktop.


I can't wait.  Smiley

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

I understand, each time it all excitement while waiting what XhomerX Will create Grin
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March 08, 2019, 04:52:07 AM

https://bitcoinist.com/gemini-backed-bitcoin-interest-account/

6.2% annual interest for a Bitcoin account sounds appealing. The idea is good and may attract many investors. But what if BlockFi turns out to be the new Bitconnect? Who cares that it is backed by Gemini?Any thoughts on this?
There's no way they can sustain 6.2% annual Bitcoin interest unless they pay it in fiat or virtually nobody deposits/stays deposited.

Sounds sketchy but some might take the risk (not me).



Will they offer the same rate when Bitcoin is well above $100k?

Lending out just 2 coins will net you $10k every singel month...this sounds too good to be true.

BTCjam 2.0.
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March 08, 2019, 05:16:27 AM

https://bitcoinist.com/gemini-backed-bitcoin-interest-account/

6.2% annual interest for a Bitcoin account sounds appealing. The idea is good and may attract many investors. But what if BlockFi turns out to be the new Bitconnect? Who cares that it is backed by Gemini?Any thoughts on this?
There's no way they can sustain 6.2% annual Bitcoin interest unless they pay it in fiat or virtually nobody deposits/stays deposited.

Sounds sketchy but some might take the risk (not me).



Will they offer the same rate when Bitcoin is well above $100k?

Lending out just 2 coins will net you $10k every singel month...this sounds too good to be true.

BTCjam 2.0.
It does not if you base it on those fiat numbers. There are, sometimes, dividends that pay in that range. The problem with BTC interest is the limited supply. It's just simply unsustainable for any substantial volume or period of time. So either they'll get "hacked" or lower the rates substantially depending on liquidity.
JayJuanGee
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March 08, 2019, 05:24:13 AM

I'm currently thinking three scenarios that would get us out of my own personal consideration of this current bear market and into a conceptual bull market.

1) BTC price rises above $6k and stays there for at least two months

2) BTC price rises above $4.5k and stays there for at least six months

3) BTC price does not break below $3,320 for at least one year

Anyone going to label my tentative "getting out of a bear market and into a bull market" conditions ridiculous?
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