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

[Last of the V8s]

https://www.prnewswire.com/news-releases/key-conference-on-private-cryptocurrency-to-be-held-in-denver-300845279.html

DENVER, May 7, 2019 /PRNewswire/ -- The first Monero Konferenco (Esperanto for Coin Conference), an annual conference focused on private currency, will be held in Denver on June 23 and 24 at the extraordinary Curtis Hotel. It will entertain and educate attendees on privacy and censorship-resistant financial technology.

[Lambie Slayer]

Craig Wright’s Wife Lost Millions in Bitcoin Trading

https://www.trustnodes.com/2019/05/07/craig-wrights-wife-lost-millions-in-bitcoin-trading

She started with 200k and ended up with 700k and claims to have lost millions, gimme a break. Scammer Faketoshi seems to have found a scammer wife on scammercupid.com.

[Paashaas]

Is there a Dutch word for 'fuckery'?

Afgang ore rotzooi. 

[Last of the V8s]

tyvm^ edit: wait what
meanwhile the price
Sir ma familie tarts!

[jojo69]

inertial dampers offline

hull breach on level 59

[jonoiv]

Im contemplating  getting out of crypto for a while at least.  I've had enough of the hysteria while it's flying and the doom while it's low.  A bearish engulfing on the chrts seems like a good a time as any.

[d_eddie]

Yeah, a brusque ~200$ drop. Just a hiccup or a signal? The next 6 hours are subcritical.

[toknormal]

I'll do the honours.

Im contemplating  getting out of crypto for a while at least.  I've had enough of the hysteria...

[JayJuanGee]

Our old sleepy friend 6400 is not too far way now. I wonder if we could visit and say hi...

Break that $6,000 first before we visit the $6,400. Just relax, we can go there 

Probably it is too soon to get too excited about possible BTC prices that are far above $6k, but hey, we have already experienced a large number of times that when BTC becomes determined, there frequently can be tendencies towards overshooting.

So, if we can get far enough above $6k, then at least for a while, $6k could become a kind of previously existing support level.

At this point, we have not even broken above $6k, so it is both hard to determine how long it will take to break above, and whether buying support has been able to sufficiently catch up in order to cause $6k to become our revisited stable floor..... It could take a few months of btc price movement before we gain a sufficient amount of information to become confident about where btc stands in relationship to $6k.... and another version of possible outcomes continues to be that BTC has spent enough time around $6k and does not feel inclined to hang out in the $6k territory for much longer.. so she will hang out considerably below or above $6k but doesn't want additional $6k associations for any longer than merely to pass through from time to time.

[infofront]

I'll do the honours.

Im contemplating  getting out of crypto for a while at least.  I've had enough of the hysteria...

The only way out of crypto is to get scammed.

It's like how in a gang, you have to get beat in, and beat out.

[BTCMILLIONAIRE]

I'll do the honours.

Im contemplating  getting out of crypto for a while at least.  I've had enough of the hysteria...

The only way out of crypto is to get scammed.

It's like how in a gang, you have to get beat in, and beat out.

Alternatively you can try to lose millions when only putting in 700k or claiming that you're Satoshi.

[JayJuanGee]

I’m honoured to be on this train with you all.

That's how I feel.

[Last of the V8s]

I’ve identified three credible estimates of Bitcoin electricity use that agree with each otherwell—Bevand, Vranken, and Krause and Tolaymat—and three others that have seriousissues—O’Dwyer and Malone, Digiconomist, and Mora et al. The latest estimate from one ofthese credible sources is about 5 GW of power use globally on June 30, 2018, with someindications that electricity use started falling around that time, due to the collapse of Bitcoinprices in early 2018. If converted to annual electricity consumption, 5 GW represents 44 billionkWh (44 TWh), or about 0.2% of global electricity use.

https://coincenter.org/files/estimating-bitcoin-electricity-use.pdf ^

-just another 50.8% needed to be safe

[Febo]

LFC, if we could just turn back time to that 150$ price .....

$3200 was new $150. We will have new chance 4 years form now at like $40k

Push recent chart 2 months ahead and we are not that much out of sync. We are at start of July 2015 now.  Unless bull market started in February and we will not see any serious correction anytime soon.

[LFC_Bitcoin]

Im contemplating  getting out of crypto for a while at least.  I've had enough of the hysteria while it's flying and the doom while it's low.  A bearish engulfing on the chrts seems like a good a time as any.

[JayJuanGee]

LFC, if we could just turn back time to that 150$ price .....

For one, I surely would not want to go back to $150-ish.  That would be fucking terrible, and maybe even worse than it was in 2014 and 2015.

Now, going below $1k would be fucking terrible, too.

It is starting to seem to me that we already had our 2018/2019 version of $150 and that was likely in the lower $3k arena...

So far, that lower $3k arena has not been revisited for several months, so it is starting to feel like it could be behind us, especially since we are slowly moving up to a nearly 2x of that price.  We cannot rest assured, but if lower $3k is visited again, it would not be nearly as close as $150 or even $1k, but it is likely pretty damned close to the bottom for this particular cycle... .. .

Furthermore, there are some possibilities, maybe less than 40%, that we will never see $3ks again.  There are also some possibilities, maybe less than 25%, that we will never see $4ks again. 

So, even if we don't experience $150 again (and nearly no one, except FUDsters, wants to roll back such clock), there are still $150-like experiences that currently seem to exist in the $3k to $4k price arena.

[El duderino_]

Is there a Dutch word for 'fuckery'?

V8 = closest to it

[El duderino_]

I'll do the honours.

Im contemplating  getting out of crypto for a while at least.  I've had enough of the hysteria...

The only way out of crypto is to get scammed.

It's like how in a gang, you have to get beat in, and beat out.

Or to lose the private keys by being a total F*** up

Or to sell @ to damn low prices and live on a bitter life like r0ach does....

[El duderino_]

LFC, if we could just turn back time to that 150$ price .....

$3200 was new $150. We will have new chance 4 years form now at like $40k

Push recent chart 2 months ahead and we are not that much out of sync. We are at start of July 2015 now.  Unless bull market started in February and we will not see any serious correction anytime soon.

Good Good, the ones that have got the chance to buy 10-15 coins with the spare saved cash, can then buy 1 whole BTC....

[kenzawak]

https://twitter.com/MatiGreenspan/status/1125733999241060353

"Bitcoin miner revenue saw a significant jump in April, while fees remain low, and transaction rate is near a record high."