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

[jbreher]

Despite your protestations, you have utterly failed -- in any manner whatsoever -- to describe any core plan for dealing with the negative effects of full blocks.

You are not the boss of me. 

True. You're gonna do what you're gonna do. And you're not gonna do what you're not gonna do. One of those items on the latter list would appear to be to provide a description of the core plan for dealing with the negative effects of full blocks. For you have yet to do so, despite your repeated false statements that you already have.

[1714250030]

1714250030

[1714250030]

1714250030

[Toxic2040]

Late, long thoughts - on the 'are we going faster?' subject:

we have all spotted it.  

That so many have noted a pattern and want to track it means (as I said in my last long post)

Well, it will maybe rhyme - but it cannot be quite the same.  And that's... as sure as honey badger not giving a shit.

DYOR: This is speculation and as always can be dead wrong, but what the hell - ain't no walls to observe any more...

+1 WOsMerit

There will always be Walls to observe my friend.

I'm a bear troll,  and I didnt buy the dip nearly enough but actually I acknowledge that BTC will be worth a lot and I'll be rich. IDGAF

shitcoins will not go to $0 anytime soon, but will remain niche.

Look..I dont know what the guys saying..but he seems mostly harmless.

+1 WOsMerit

An early rush going over 10k by autumn this year, lots of froth and fomo starting and then a pull back before EOY, just as the 'here we go' was kicking in. 

Then two runs makes sense, too

A fake run that fizzles before 'Moon' and baffles everyone.  Then a 'real run' becomes possible (and organic) after a few month's breather.  I can see that as a very plausible scenario.

Yes that would scare the pants off everyone, which is something Bitcoin delights in doing.  It becomes a real risk if we break up to $6k from here.  I would much rather a slow gentle climb - I don't want to see $6k right now. 

Moar froth and fomos of Delight...yes thank you.

+1 WOsMerit for each of you...make it a merit for everyone..what the hell.  Its airdrop Friday!


-----

She pauses her stalk for a dainty sip at the pool before warily continuing her hunt.

#stronghands

[HairyMaclairy]

^

I still like to compare our recent flat with late 2012-early 2013. Check it out.
Nothing, then a hockey stick. It might happen here as well.
If it does, we might form a local peak at 35-40K as early as in 3-4 months (from the start of the exponential move), or in 5-6 mo if it is a bit stretched out.

Hmmm interesting.  Would need to chart that.  

Here, just a sketch:

Good one.  I will take a crack at it myself - unlikely to be today.

[Toxic2040]

^

I still like to compare our recent flat with late 2012-early 2013. Check it out.
Nothing, then a hockey stick. It might happen here as well.
If it does, we might form a local peak at 35-40K as early as in 3-4 months (from the start of the exponential move), or in 5-6 mo if it is a bit stretched out.

Hmmm interesting.  Would need to chart that.  

Here, just a sketch:

Good one.  I will take a crack at it myself - unlikely to be today.

[infofront]

...
It will be the mother of all bubbles ($300K+ possible).
...
..the crypto twitter/tradingview/bitcointalk seeming consensus of ~$90K-100K is overly conservative.
...
Keep in mind, if Bitcoin were Facebook, we'd still be at pre-IPO levels (circa 2009)
...

I'm a bear troll

Quite.

[HairyMaclairy]

Ok I have had a bit of a look and I can’t come up with any models which support $12k+ before November 2019 at the very earliest even with front running so I am not going to worry about that as a possibility.

[JayJuanGee]

Despite your protestations, you have utterly failed -- in any manner whatsoever -- to describe any core plan for dealing with the negative effects of full blocks.

You are not the boss of me. 

True. You're gonna do what you're gonna do. And you're not gonna do what you're not gonna do.

That b call Koreck.

One of those items on the latter list

There is no list, except you created your own list (aka demand)

would appear to be to provide a description of the core plan for dealing with the negative effects of full blocks. For you have yet to do so, despite your repeated false statements that you already have.

I described the BTC plan sufficiently for my own liking, and I am investing in bitcoin, in spite of peeps like you concluding that the BTC plan is not specific or clear or elaborate or "future proof" enough.

I am not investing into bcash variants, even though peeps like you believe that bcash variants have superior plans than BTC and are already ready to scale the fuck out of things with their 45 lane roads and much less than 1 lane of traffic....

In other words, a supposed plan that meets your 45 plus lanes specifications, does not cause a lot of folks to conclude that BTC is inferior to bcash variants, in spite of those bcash variants having supposed superior, specific, more clear & elaborate and "future proof"plans, as compared with BTC.

In other words, whatever BTC plan is there and whether I am able or know exactly what it is or explain it to your satisfaction remains good enough for me (and presumably a whole lot of others), so I am sticking with the babe that brought me to this dance... because she seems better than those other slimy sluts (aka bcash variants). 

Sounds good?

[Biodom]

Ok I have had a bit of a look and I can’t come up with any models which support $12k+ before November 2019 at the very earliest even with front running so I am not going to worry about that as a possibility.

Logically and TA-based, yes, but how about the fuh-damentals?
Was there a model in Jan 2013 indicating that in April 2013 the price would be 1800% higher?
Absolutely not, yet it happened.

Where is your "leap of faith", HM?
Toxic2400 also drew something that might happen, plus or minus.

Personally, I am a bit bored with all models that draw neat bowl like movements projecting into 2023.
Where is the fury of the exponent of the adoption stick?

[JayJuanGee]

Ok I have had a bit of a look and I can’t come up with any models which support $12k+ before November 2019 at the very earliest even with front running so I am not going to worry about that as a possibility.

Logically and TA-based, yes, but how about the fuh-damentals?
Was there a model in Jan 2013 indicating that in April 2013 the price would be 1800% higher?
Absolutely not, yet it happened.

Where is your "leap of faith", HM?
Toxic2400 also drew something that might happen, plus or minus.

Personally, I am a bit bored about all models that draw neat bowl like movements projecting into 2023.
Where is the fury of the exponent of the adoption stick?

Your post is hilarious, and maybe even suggests that some of the current BTC price prediction models do not sufficiently account for the s-curve adoption and the underlying nature of bitcoin as an asset class (a kind of currency/commodity) that has never before been seen, which has decent chances of causing exponential growth cycles that have never been seen... so BTC as a "new" paradigm shifting asset class does not fit existing price prediction models.

I think that we can still be prepared for possible outrageous exponential bitcoin price behavior without exactly putting such situation into a model.... something like that happened in late 2017 when bitcoin outperformed by 3-5x the vast majority of bullish scenarios and nearly 2x of many of the pie in the sky scenarios...

Of course, there were even more fringe and even higher bullish scenarios before the 2017 run, such as the 2015/2016 AdamstgBit repetition BTC price prediction of $32k that did not quite play out in our last UP cycle to $19,666.

[VB1001]

https://bitcoinvisuals.com/misc-puell-multiple

Good morning WO,s

It seems that follows the pattern 2015, until 2019.

[LFC_Bitcoin]

Ok I have had a bit of a look and I can’t come up with any models which support $12k+ before November 2019 at the very earliest even with front running so I am not going to worry about that as a possibility.

I don’t think we’ll see above $10,000 in 2019. The real fireworks will probably start a few months after the halving next year. I’m patient & am in no rush though.

Good morning gentlemen by the way!

[El duderino_]

Can I say Come Onnnnn!!!!!!!! LFC 1-2 @the moment

pity that I couldn't see it live

The KING

We are going NOWHERE in this title fight 

Why is the green dude wearing a shoe on his hand?

Even if he would.... Then it still would make more sense than owning Bcash (and surely with continiously repeating that Bcash is the real Bitcoin)

[El duderino_]

Ok I have had a bit of a look and I can’t come up with any models which support $12k+ before November 2019 at the very earliest even with front running so I am not going to worry about that as a possibility.

I don’t think we’ll see above $10,000 in 2019. The real fireworks will probably start a few months after the halving next year. I’m patient & am in no rush though.

Good morning gentlemen by the way!

Its an early morning for me, but indeed good morning WO’s...
Also never underestimate BTC
Its all possible, its no must BUT I think its very possible.

[mindrust]

https://bitcoinvisuals.com/misc-puell-multiple

Good morning WO,s

It seems that follows the pattern 2015, until 2019.

I learn something new or something interesting almost every time I read a post of yours. I didn't know what puell multiple is till I see your post.

Keep doing this you'll end up on the list of most merited guys in a few months.

Great stuff.

[nutildah]

Can I say Come Onnnnn!!!!!!!! LFC 1-2 @the moment

pity that I couldn't see it live

The KING

We are going NOWHERE in this title fight  

Why is the green dude wearing a shoe on his hand?

Even if he would.... Then it still would make more sense than owning Bcash (and surely with continiously repeating that Bcash is the real Bitcoin)

Heyyy-O! Mic with the lacerating bcash burn!!



Besides, its not a shoe. They're insulated mittens because its cold out.

[Globb0]

I think he’s very likely to be a paid shill.

You can consider it likely if you want. But I am not paid for my advocacy of Bitcoins in any flavor, be it SV, BCH, or BTC. Meantime, half of y'all are whoring out your reputations to shill some crap product in y'all's sigs. Imagine the irony.

I would never expect you to be a shill, I think they have you and most of the BCH community wrong. I just think you are all very ideological and wanting Bitcoin to be a digital cash and see no use of anything not directly on the blockchain. No second layer no whatnot,

I don't have any issue with second layer innovation, per se. What galls me is that Blockstream and the rest of Core deliberately crippled Layer 1 in order to accomplish their layer 2 'innovation'. Which, for all intents and purposes, still sucks two years down the line.

This is said again and again, and still I do not see how bitcoin is crippled.

Sorry guys down tools. Its all over here.

Off we all go to BSV

Someone get the light

[VB1001]

I learn something new or something interesting almost every time I read a post of yours. I didn't know what puell multiple is till I see your post.

Keep doing this you'll end up on the list of most merited guys in a few months.

Great stuff.

It is reciprocal, I also learn a lot from all of you.

Thanks.

(I am trying to improve my English, I would like to discuss some of the publications that I read or publish, but this will have to wait.)

[El duderino_]

https://twitter.com/woonomic/status/1114361514918580224

[El duderino_]

^
exactly

[El duderino_]

Late, long thoughts - on the 'are we going faster?' subject:
 
Here is late late 2014 to Jan 2015 chart:


Note the MAs 'death cross' and the immediate freefall to the absolute low.  About 9 of the 3day candles after the cross.

Then here is the same period now:

VERY NICE POST .... but here is what I saw



it was all Globb0's foul 

CROSS of Globb0, thats how its noted in my books !