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

[Phil_S]

Sept-Oct-Nov season in

2019
2018
2017

[MarquiseMuseum]

...

I think Bitcoin and many top coins will find competition difficult against establishment. I think Bitcoin is vastly overvalued.
...
I also think that in 5 years from now, Google, Darpa or Boston Dynamics will have paired autonomous robots with an AGI powered chain using concept of Ethereums original design. I could be a boon to society much more impactful than industrial revolution.
...
Bitcoin is already owned by the old establishment so using it for decentralized and libertarian reasons is a bit redundant. It's a good vehicle of gambling and speculation, so enjoy your continued debate, I think it is looking at -90% market cap reduction to be more inline with top  

Easy ignore.

Can yoy please fuck off to the ethereum sub or whatever the fuck you came from please?

Construct an argument.

Blockchain is big, slow and clunky,

Only Bitcoin, Ethereum and those old generation coins.

[plasticAiredale]

...

I think Bitcoin and many top coins will find competition difficult against establishment. I think Bitcoin is vastly overvalued.
...
I also think that in 5 years from now, Google, Darpa or Boston Dynamics will have paired autonomous robots with an AGI powered chain using concept of Ethereums original design. I could be a boon to society much more impactful than industrial revolution.
...
Bitcoin is already owned by the old establishment so using it for decentralized and libertarian reasons is a bit redundant. It's a good vehicle of gambling and speculation, so enjoy your continued debate, I think it is looking at -90% market cap reduction to be more inline with top  

Easy ignore.

Can yoy please fuck off to the ethereum sub or whatever the fuck you came from please?

Construct an argument.

Nobody here is required to challenge your worldview there buddy.

"If you don't believe me or don't get it, I don't have time to try to convince you, sorry"

[LFC_Bitcoin]

https://twitter.com/trylolli/status/1186657981418659841?s=21

@trylolli
bank of america is down

BITCOIN (aka BANK OF THE WORLD) NEVER GOES DOWN

[LFC_Bitcoin]

@alistairmilne
Gold is pretty, shiny, etc. but you can't send it anywhere in the world within minutes as you can with Bitcoin.

.... this is why I Bitcoin. No borders. No limits. No permission. No trust.

https://twitter.com/alistairmilne/status/1186544152122707969?s=21

Don’t @ me r0ach

[MarquiseMuseum]

...

I think Bitcoin and many top coins will find competition difficult against establishment. I think Bitcoin is vastly overvalued.
...
I also think that in 5 years from now, Google, Darpa or Boston Dynamics will have paired autonomous robots with an AGI powered chain using concept of Ethereums original design. I could be a boon to society much more impactful than industrial revolution.
...
Bitcoin is already owned by the old establishment so using it for decentralized and libertarian reasons is a bit redundant. It's a good vehicle of gambling and speculation, so enjoy your continued debate, I think it is looking at -90% market cap reduction to be more inline with top  

Easy ignore.

Can yoy please fuck off to the ethereum sub or whatever the fuck you came from please?

Construct an argument.

Nobody here is required to challenge your worldview there buddy.

"If you don't believe me or don't get it, I don't have time to try to convince you, sorry"

Too bad, I will invest my money elsewhere. Perfectly open to x100 leverage long BTC if I can find a few counter points to defend $150 bn market value.

[Dabs]

If they don't care about decentralization, they simply will not use bitcoin. However, the people will choose what they want to use, not governments. They can try to force it, but you know how that will turn out.

[akhjob]

Happy Hodling

[Last of the V8s]

https://twitter.com/rey_chantelle/status/1186455189252784128

Message me for a copy ... The guide to investing in bitcoin

er
https://drive.google.com/file/d/0B8tkreGApUC1OWowUlNSYUZ5S0JJdl8xRGdNWDVJREd4Y1BZ/view
eh

[MFahad]

Sept-Oct-Nov season in

2019
2018
2017

In 2017, Bitcoin went up

In 2018, Bitcoin went down

Now the multi million dollar question: Where does bitcoin goes in the last quarter 2019 ?

[HI-TEC99]

Sept-Oct-Nov season in

2019
2018
2017

In 2017, Bitcoin went up

In 2018, Bitcoin went down

Now the multi million dollar question: Where does bitcoin goes in the last quarter 2019 ?

Anybody who says they know is lying. Nobody knows.

[Icygreen]

https://twitter.com/rey_chantelle/status/1186455189252784128

Message me for a copy ... The guide to investing in bitcoin

er
https://drive.google.com/file/d/0B8tkreGApUC1OWowUlNSYUZ5S0JJdl8xRGdNWDVJREd4Y1BZ/view
eh

What do we want? "Better advertising!" Where do we want it? "Retail education!"

Helps that BTC is a self fulfilling prophecy.

[jackbauercsgo]

Back to price analysis....

3.5 month parabolic run at the initial stages of breaking down  

https://www.tradingview.com/x/PtdtsMU7/

And what should we expect from this?

Parabolic breaks almost always lead to

1) Strong retracements back (~85% - 60% if I recall, don't have the stats in front of me atm)

2) Macro trend reversals (think of bitcoin run ups and what happens, like after btc hit $20k)

Yeah, but we have already had our 85% correction down to $3,122.  Remember December 2018?

We are getting another 60% to 85% correction from the $13,880?  That makes hardly any sense.

Now if you were talking about a 60% to 85% correction from some kind of new ATH or something like that, then you might be starting to make some senses.  Perhaps?

In other words, the impression that I am getting is that you are one of those loonies or shills who are spreading disingenuous pie in the sky thinking rather than attempting to grapple with on-the-ground BTC price dynamic realities.

Lol bless your little heart....  you were so quick to lash out, you didn't read the chart right.  It's inverted.  The parabola I'm showing is from ~13.8k to ~7.8k.  I'm suggesting the downtrend is about to macro reverse or at least "pull back" ~60 to 80%.

Personally, I'm guessing it's a macro reversal.  We need to start slow grinding up to the previous ATH over the next ~6 months or history won't repeat itself like the world is expecting. 

[jackbauercsgo]

Also feel compelled to add - so many people show charts of years like 2017 vs 2018 vs 2019, BUT what they should be focused on is halving.  How to the 12 months prior to halving look?  What about the 12 months following halving?  The halving is the real marker, not the calendar dates like Jan 1 to Dec 31.  We are right on track vs historical trends.  Next stop likely $16k to 20k by halving and then a hype/log uptrend the year following.

[Last of the V8s]

Collecting “gold” like it’s 1999 BC. lol

meanwhile

https://twitter.com/RT_com/status/1186620718559182848

everything changed

http://www.hyperstealth.com/

[Hueristic]

https://fortune.com/2019/10/21/stephen-moore-trump-fed-nomination-cryptocurrency-stablecoin-frax/
eh

Frax will be different than those stablecoins because it will rely on a fractional reserve—meaning it won’t be backed by a one-to-one pool of reserve dollars.

[jojo69]

Frax will be different than those stablecoins because it will rely on a fractional reserve—meaning it won’t be backed by a one-to-one pool of reserve dollars.

[El duderino_]

Saving = buying your future.

Going in debt = selling your future.

Bitcoin = the ultimate savings vehicle.


https://twitter.com/misir_mahmudov/status/1186397152869847040?s=20

what do you think about "Going in debt for Bitcoin"
is it buying your future, selling your future or both?

I wouldn't go in debt myself ....... But I think its gonna give me a fine return in the future and as a poker player I won BTC instead of $ and it has been POKER profit + INVESTMENT profit in the same deal .....

Actually one important thing imo is people can't HODL till they die .... one must use its BTC to live with it where they can, HODL some on cold storage and use some for the important things in life (and thats actual living) ..... probably BTC made that more possible for some people as before they where in BTC..... I think BOB is one of the people that really gets that point

[MFahad]

Sept-Oct-Nov season in

2019
2018
2017

In 2017, Bitcoin went up

In 2018, Bitcoin went down

Now the multi million dollar question: Where does bitcoin goes in the last quarter 2019 ?

Anybody who says they know is lying. Nobody knows.

So it means the Technical Analysis bot also does not know anything ? Then why is TA been invented. 

[wachtwoord]

?? pretending to be man.