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

[StartupAnalyst]

Go BTC Goo!!!

The 🧢 WO gang power, help the price of BTC !!!

[fillippone]

https://twitter.com/CCNMarkets/status/1127007954245386240

Ok, back of the envelope calculations:

World wealth: 317 Trillion USD
https://www.credit-suisse.com/corporate/en/research/research-institute/global-wealth-report.html

Bitcoins in circulations: 17,700,000
https://www.blockchain.com/charts/total-bitcoins

Hence follows:

Tim Draper's prediction: 1BTC=5%*317,000,000 /17.7=895,000 USD

HODL!

[vroom]

[soxxx]

Passed $7000 on Coinbase Pro for a brief amount of time.

[greensheep]

wow 7K some minutes ago
Expected the unexpected with BTC
all hail king BTC!!!!

[Lambie Slayer]

If my destiny is to do nothing but post this same meme each and every day for the rest of my life, then so be it.  

via Imgflip Meme Generator

[JSRAW]

Interesting characters in this pic .. keep sharing same pic with different text at least once in a week or during any pump.

[jojo69]

outstanding

smerit owed

[Ibian]

Is anyone else bored? I'm bored.

[Icygreen]

Daymn bitcorn.
Looks like fomo is getting served! Isn't this where people like Vinny Lingham buy the breakout?

Confession: All in at 6.3k

I think this price action wont quit until its got its prey. Think of all those new investors and peeps that wanted to take a position from the final bounce that isn't happening.  

[UnDerDoG81]

Is this growth parabolic or just normal due to the next ATH? Like back in 2013 $10 steps a day were huge and in 2016 $100 steps a day were huge.

[JSRAW]

https://twitter.com/mBTCPizpie/status/1127174270302294016

[DaRude]

Not many coins on Finex after $7k ask books are drying up

[Icygreen]

Is this growth parabolic or just normal due to the next ATH? Like back in 2013 $10 steps a day were huge and in 2016 $100 steps a day were huge.

$1000 today is huge but isn't after 10k   
Looking at bitcoin from a 10 year perspective or even 5, its always been parabolic, right?

[Cryptotourist]

Is anyone else bored? I'm bored.

You're right. Anything short of $20k is not that exciting.
Let's talk about your amygdala.

[LFC_Bitcoin]

Seems to be resistance at $7,000, possibly psychological though because ask walls aren’t that big.

Let’s see, I think we’ll break through 7k in the next few hours.

[bitcoinPsycho]

Seems to be resistance at $7,000, possibly psychological though because ask walls aren’t that big.

Let’s see, I think we’ll break through 7k in the next few hours.

Same

[yefi]

Still no correction since we doubled from the bottom though. It should come sometime soon... but when? Just be ready to buy the dip when it happens

Yep, probably going to be the last good opportunity before we wave goodbye to quadruple figures.

[Biodom]

https://twitter.com/CCNMarkets/status/1127007954245386240

Ok, back of the envelope calculations:

Market capitalization of listed domestic companies (current US$): 65.66 Trillion USD : 65,660,000 Million USD
https://data.worldbank.org/indicator/cm.mkt.lcap.cd

Bitcoins in circulations: 17,700,000
https://www.blockchain.com/charts/total-bitcoins

Hence follows:
Tim Draper's prediction: 1BTC=3,700,000 USD


HODL!

Not sure how the market share of EARTH can be calculated, as it is definitely not the stock market only.
If you take ALL markets (sans derivatives), then it is about 200-240 tril.
5% of 200 tril is 10tril or about 500-600K/btc.

[zhekinsp]

Still no correction since we doubled from the bottom though. It should come sometime soon... but when? Just be ready to buy the dip when it happens

Yep, probably going to be the last good opportunity before we wave goodbye to quadruple figures.

No more correction,just buy it now this is the last opportunity.