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

[kenzawak]

That being the case Svalbard is the best bet as literally anyone can turn up. If you can't get in via Norway you'll need to charter a boat from Mogadishu.

We could taunt the bears there.

[VB1001]

In Svalbard there are girls? there are only seals and walruses and it's so cold.

There will be stout Russian women working down the mines there no doubt. They'll be able to knock out a polar bear with one swing.

I'm sure you'll be able to import all the Filipino chickens you can fit into your luggage.

I like more the nordics girls, although there are beautiful girls around the world.

[gentlemand]

I like more the nordics girls

Get that baggage allowance maxed then.

Here are some natives waiting for you.

[VB1001]

^
Lol, these are for you, first I'll make a stop in Norway.

[fillippone]

https://twitter.com/100trillionUSD/status/1133388321563062275

The moon is very close, we are going to go much further.

Plan B stroke another good one!

But there is more: what if the more mainstream adoption and the presence of more "institutional money", more keen to "efficient markets" (à la Fama) drives up the markets in anticipations of the halving and the subsequent stock to flow reduction? Price used to rise sharply after the halvening, reacting to this and not actually anticipating it. What if this time is different?



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I don't like to comment too much in the current price of BTC, but the sentiment is turning more and more bullish, and I think this kind of analysis is perfectly consistent with an anticipation of the halvening.
Market doesn't like discontinuities, and so tends to anticipate drastic moves or changes in the protocol.
If had could move a critic to Satoshi for his whitepaper, I would say the choice of discrete halvening is not optimal, while a more smooth reduction of coinbase would have been better implementation, at a cost of a slightly less trivial implementation.

[BitcoinGirl.Club]

I like more the nordics girls, although there are beautiful girls around the world.

She is lovely �

[BitcoinGirl.Club]

Get that baggage allowance maxed then.

Here are some natives waiting for you.

Give them some modern days make up I bet they will look the same hotties 🤪

[lightfoot]

They don't need make-up, they're ready to go...

[kenzawak]

Here are some natives waiting for you.

Daddy's girls.

[gentlemand]

They don't need make-up, they're ready to go...

I vastly prefer can-do women with skillz.

If I was saddled with some simpering bimbette panicking about the state of her nails I'd wrap my hand around the back of her head, slam her face in a cake and go find the nearest bus driveress to mount instead.

[MrFreeRoMan]

WO will understand...

[Agapios]

bitcoin to 50k in 2019
anyone against that?

[Biodom]

Bitcoin Mayer Multiple 1.911

https://twitter.com/ChartsBtc/status/1133385957875625984

BTCullish.

It probably means that we should slow down a bit, otherwise 20k (or 35K at most) is pretty much a limit (for now) at MM around 4.0 (8.0 at the historical max) .

[jbreher]

is that drums?  drums in the LTC deeps?

they're all at it
even eth got a sympathy tympani pump

Haha. Before the tympani, the sunrise trumpet. Preceded yet by the unsettling double basses, contrabassoons, and organ (heh heh - he said organ - heh) laying a foundation for the fanfare to come.

Yet beware - the tympani come only at the climactic peak. Accompanied by shattered bones driven aloft.

[jackbauercsgo]

Bitcoin Mayer Multiple 1.911

https://twitter.com/ChartsBtc/status/1133385957875625984

BTCullish.

It probably means that we should slow down a bit, otherwise 20k (or 35K at most) is pretty much a limit (for now) at MM around 4.0 (8.0 at historical max) .

Exactly.  There is such a thing as blowing your wad too early.  Slow and steady >>> Quick trip

[VB1001]

https://twitter.com/100trillionUSD/status/1133388321563062275

The moon is very close, we are going to go much further.

Plan B stroke another good one!

But there is more: what if the more mainstream adoption and the presence of more "institutional money", more keen to "efficient markets" (à la Fama) drives up the markets in anticipations of the halving and the subsequent stock to flow reduction? Price used to rise sharply after the halvening, reacting to this and not actually anticipating it. What if this time is different?



Link to Tweet

I don't like to comment too much in the current price of BTC, but the sentiment is turning more and more bullish, and I think this kind of analysis is perfectly consistent with an anticipation of the halvening.
Market doesn't like discontinuities, and so tends to anticipate drastic moves or changes in the protocol.
If had could move a critic to Satoshi for his whitepaper, I would say the choice of discrete halvening is not optimal, while a more smooth reduction of coinbase would have been better implementation, at a cost of a slightly less trivial implementation.

The market, as you say, is optimistic, but there will be correction as always from the maximum, where is the maximum?
Well, my forecast is that we're going to get to 10,000 and then we'll see what happens, obviously I can be wrong, but that's the next trip.
As for PlanB, I like your presentations, but as you comment, there are many variables at play.

[jbreher]

a new ATH would be nice before the halvening, between 30k and 70k after that a crash down and then a new rise after the halvening.
Adoption is rising and big players are getting into the game. Infrastructure is being buildt and me might get an ETF this year.
Things are set up for a new wave of adaption.
The price looks quite parabolic but yet not too steep, so things are looking quite good.
Nobody knows, i can just say it feels like it going to do something that nobody is expecting

That scenario is very unlikely, and undesirable IMO.  When that sort of parabolic rise ends, another crypto winter is more likely than anything else.

Not necessarily. See the double-pump of 2013 for counterexample.

Do I think such scenario likely? No, but I wouldn't deny the possibility.

[BitcoinGirl.Club]

Daddy's girls.

Family reunion 🤪

[BitcoinGirl.Club]

bitcoin to 50k in 2019
anyone against that?

You sure about it? I would not mind the price 🤪

[shitexpress]

Are you tired of those who predict Bitcoin's collapse and death every time its dollar value decreases by 1%?

By looking only at the yearly lowest dollar value you'll see that Bitcoin is always  more expensive in a given year than in the previous year. On average, its dollar value increases (at least) 325% p.a. on average (2010 - 2018).

Source: https://www.youtube.com/watch?v=5TMygwWv4dc