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Question: Price prediction for the May 21 weekly close:
<$20,000 - 5 (6.5%)
$20,000 - $22,000 - 0 (0%)
$22,000 - $24,000 - 2 (2.6%)
$24,000 - $26,000 - 3 (3.9%)
$26,000 - $28,000 - 7 (9.1%)
$28,000 - $30,000 - 11 (14.3%)
$30,000 - $32,000 - 17 (22.1%)
$32,000 - $34,000 - 7 (9.1%)
$34,000 - $36,000 - 6 (7.8%)
$36,000 - $38,000 - 3 (3.9%)
$38,000 - $40,000 - 2 (2.6%)
>$40,000 - 14 (18.2%)
Total Voters: 77

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25619247 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. (160 posts by 2 users with 9 merit deleted.)
nutildah
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July 26, 2019, 04:56:48 AM

WO brothers .... I have been busy this evening....

Went after poker to Amsterdam and have met with 5 forum members (more collectible section guys)

Have been with mitchell, yogg, minifrij, micromen, chronicsky ..... awesome Guys

We drunk and played Some drinking games.... pity I was late and most fly out tomorrow, calling the night little early.... but still i’m drunk



Pretty cool mic, but could you explain the significance of your zero bitcoin note there? I think it has to do with an inside joke we're not privvy to.
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VB1001
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July 26, 2019, 05:31:51 AM

Bitcoin’s newest trading product offers direct exposure to its volatility, and BlockTower Capital is the first to dive in

Quote
Bitcoin’s volatility has long been thought of as one of the major factors that keep big money managers from investing, but a new esoteric financial product could help traders hedge against the cryptocurrency’s price swings.

Hong Kong-based trading firm GSR revealed to The Block that the first trade of its bitcoin variance swap has been executed with cryptocurrency hedge fund BlockTower Capital — the latest development in the booming derivatives market for digital currencies.

https://www.theblockcrypto.com/2019/07/25/bitcoins-newest-trading-product-offers-direct-exposure-to-its-volatility-and-blocktower-capital-is-the-first-to-dive-in/

Good morning "esoteric".
HairyMaclairy
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July 26, 2019, 06:08:29 AM

While a VIX index for Bitcoin is intellectually interesting, I’m not touching that with a 10 foot pole
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July 26, 2019, 06:58:11 AM

I ran into one of my nocoiner friends that I mentioned BTC to some 5 years ago and he never invested.
He still dislikes BTC primarily for its volatility.
I simply said to him would he prefer a highly volatile product over the short term increasing in value over the long term against a low volatile FIAT which was decreasing in value over the long term?

He didn't have an answer and just humphhed and continued to mutter that he will never invested?

I guess that is the definition of Butt hurt.
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July 26, 2019, 07:14:15 AM

While a VIX index for Bitcoin is intellectually interesting, I’m not touching that with a 10 foot pole

Silver, bitchez
HairyMaclairy
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July 26, 2019, 07:37:20 AM

I have seen so many people get introduced to Bitcoin and then blow up on shitcoins it’s not funny.

Bitcoin maximalist survivors have to be 5%. 
mindrust
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July 26, 2019, 07:44:52 AM
Last edit: July 26, 2019, 08:24:35 AM by mindrust

I have seen so many people get introduced to Bitcoin and then blow up on shitcoins it’s not funny.

Bitcoin maximalist survivors have to be 5%.  

Come to think of it, my mind works exactly the opposite.

I always tend to hodl the safer assets.*

Most people see bitcoin as a (very) risky asset and that was also my angle for a few years but when I realized It is not as risky as I thought, then I started buying.

Now I am staying away from alts because I think they are risky against btc. So far I am glad did.

Somewhere in 2017 this guy invested $10k in alts and it went to a fckn million.
https://bitcointalk.org/index.php?topic=1936239.0
https://www.cryptocompare.com/portfolio-public/?id=120643

I was jelly af at that time, now that $10k is $56k. Still a decent amount for the risk he took if you ask me.

sidenote: That's also interesting I created my 20k topic 2 days before him.
https://bitcointalk.org/index.php?topic=1932892.0

It is like many people felt what was about to come.

*That's a habit I obtained over the years probably. As a working man I know how hard it is to make money by working so I am prety conservative when I am making new investments.
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July 26, 2019, 07:50:09 AM

WO brothers .... I have been busy this evening....

Went after poker to Amsterdam and have met with 5 forum members (more collectible section guys)

Have been with mitchell, yogg, minifrij, micromen, chronicsky ..... awesome Guys

We drunk and played Some drinking games.... pity I was late and most fly out tomorrow, calling the night little early.... but still i’m drunk



Pretty cool mic, but could you explain the significance of your zero bitcoin note there? I think it has to do with an inside joke we're not privvy to.

Worthless fiat ?

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July 26, 2019, 07:56:39 AM

WO brothers .... I have been busy this evening....

Went after poker to Amsterdam and have met with 5 forum members (more collectible section guys)

Have been with mitchell, yogg, minifrij, micromen, chronicsky ..... awesome Guys

We drunk and played Some drinking games.... pity I was late and most fly out tomorrow, calling the night little early.... but still i’m drunk



Pretty cool mic, but could you explain the significance of your zero bitcoin note there? I think it has to do with an inside joke we're not privvy to.

Worthless fiat ?


It's a worthless crypto/fiat entanglement.
But alas, beautiful.
LFC_Bitcoin
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July 26, 2019, 08:12:52 AM

While a VIX index for Bitcoin is intellectually interesting, I’m not touching that with a 10 foot punting pole

FTFY
realr0ach
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July 26, 2019, 08:36:57 AM

I have seen so many people get introduced to Bitcoin and then blow up on shitcoins it’s not funny.  

It's because there's no basis for any type of price floor or fair value for any imaginary, valueless, digital token besides $0, so their buy in time always has an enormous chance of failure.  The only thing setting Bitcoin apart would be a pseudo, temporary, sunk cost fallacy price floor provided by the hardware and production cost of the centralized ASIC monopolies.  GPUs are migratory and can always leave to a different coin, but the centralized ASIC monopolies are mostly stuck to a particular one.  

The ASIC cartel monopolies are then 'on your team' so to speak, always trying to rig the price as high as possible to gouge as many people as possible, and to prevent it from going below their cost of production and blowing up their monopoly business.  As you can see, the complete centralization of Bitcoin into a monopoly cartel is one of the main reasons for it's high price.  It has zero fundamentals due to the centralization and will eventually implode to nothingness because of it, but in the short term it was beneficial to price (manipulation).  
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July 26, 2019, 09:46:46 AM

I sold my NEM stake at a 10x profit when I really should have held out for a 500x profit

A coin that is used for absolutely nothing - just like all craptocurrencies - and it's market cap is $600 million dollars with a buy side of 19 BTC.  That's how you can easily tell digital tardcoins are still in an enormous bubble.  After the bubble implodes, it will either have no buy side at all, or the same 19 BTC buy side, just at a market cap of like $6 million or less.  Will BTC also lose two zeros?  Tune in to find out!
El duderino_
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July 26, 2019, 10:13:15 AM

I sold my NEM stake at a 10x profit when I really should have held out for a 500x profit

A coin that is used for absolutely nothing - just like all craptocurrencies - and it's market cap is $600 million dollars with a buy side of 19 BTC.  That's how you can easily tell digital tardcoins are still in an enormous bubble.  After the bubble implodes, it will either have no buy side at all, or the same 19 BTC buy side, just at a market cap of like $6 million or less.  Will BTC also lose two zeros?  Tune in to find out!

More likely to gain a few zero’s and believe me i’m tuned in Cheesy
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July 26, 2019, 10:23:23 AM

So is r0achie, he's a hodler/miner/trader you know. Grin

Never mind his daily FUD job.
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July 26, 2019, 10:43:35 AM

Disregard shitcoins.  Acquire physical silver.
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July 26, 2019, 10:52:27 AM

Good morning WOland!
gallianooo
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July 26, 2019, 10:52:52 AM
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I have seen so many people get introduced to Bitcoin and then blow up on shitcoins it’s not funny.

Bitcoin maximalist survivors have to be 5%. 

I made and lost a pretty decent fortune on shitcoins... I sold my NEM stake at a 10x profit when I really should have held out for a 500x profit. Then I've lost wallets containing what is now the equivalent of ~$100k in various altcoins. I can look up my addresses and see the balances just sitting there, mocking me for not making additional backups.

Most recently, I had my laptop stolen, which contained about $50k worth of various coins. I made backups of the private keys on a USB, but at the time the USB was in the laptop case, which was also stolen, so... Kind of knocked the wind out of my sails coins-wise.

I'm pretty certain that the altcoin run from 2015-2018 will never happen again, just as the bitcoin run from 2011 to 2014 will never happen again.


Don't need a run of 2011-2014 for BTC to go until 100K$+

Don't need a run like 2015-2017 neither.


For the Alts, It is a different story.

But if you think that BTC will go above 20K$ (ATH), then the discovery price can be anything from 50 to 200K++ before big correction.

The alts Bubble's/run will happen again, till we will stay in a early adoption/stage (and until some projects will be definitely dead). OR you think that BTC will go and stay at 90%+ dominance, but I have really doubt about this.




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July 26, 2019, 10:54:25 AM

Disregard shitcoins.  Acquire physical silver.
I am afraid of the weight 🤪
realr0ach
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July 26, 2019, 11:01:43 AM

Disregard shitcoins.  Acquire physical silver.
I am afraid of the weight 🤪

Disregard Vitalik aesthetics.
kingcolex
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July 26, 2019, 11:15:43 AM

Disregard shitcoins.  Acquire physical silver.
biggest bullshit around, if you want to sit on stagnant value until the market shrivels up then by all means buy silver, but if you want to be on the front of technology and the gains that go with it, Bitcoin is the way to go and I started out as a silver stacker before being into Bitcoin.
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