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Question: How long until 70K (credit: Heslo)
1 week - 17 (22.7%)
1 month - 46 (61.3%)
1 year - 0 (0%)
the top is in - math and science confirms it - 12 (16%)
Total Voters: 75

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25261739 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. (157 posts by 13 users deleted.)
El duderino_
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December 12, 2019, 02:32:59 PM

This is awesome! Bitcoin is increasingly being discussed seriously by mainstream banks!

Enjoying a phantastic
@ValueOfBitcoin
 conference where concepts of
@saifedean
 
@100trillionUSD
 and
@phraudsta
 are explained by Manuel Andersch hosted by
@BayernLB
 !

Way to go!



https://twitter.com/MarkValek/status/1204854454312415232?s=20
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ivomm
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December 12, 2019, 02:58:57 PM
Merited by JayJuanGee (1)

I am just curious why every time we have some big or small increase, a dump follows below the starting point of the "pump"? Are these the 1%-daily-profit-seeking-traders, or the casual way the closing of short/long positions work? Or even worse, whale shorters, who defend their shorts by dumping on Bitstamp their prepared bitcoins for this purpose? Perhaps some experienced trader can share his thoughts? And in this regard, is the longs vs shorts ratio on Bitfinex (293 mln vs 45 mln) a threat for the price, i.e. a potential long squeeze? I've noticed that Bitfinex longs are more stable than on Bitmex. The volume is the same as it was when the price was above 10K. Better funded perhaps, so it is hard to get a long squeeze even from 10K down to 7K. On Bitmex there is parity (312 vs 330 mln).
Dabs
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December 12, 2019, 03:03:55 PM

Anyone own a G-Shock that is both Solar and Atomic? Been looking at a good cheap one. There was an expensive titanium Samurai themed one, but I don't think I'm paying $8k for a watch.
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December 12, 2019, 03:38:50 PM
Merited by infofront (1), BobLawblaw (1)


Greta? Pfffff, nope.

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December 12, 2019, 03:50:25 PM


Damn Torque I cannot place you for being the SUPER serious no joking guy and the next posts you make good jokes or pointing out of being a star wars fan Cheesy

Btw how do you look at the market these days??  Dip, sideways, pump ...... absolutely no idea and just surfing the waves ??

Poll hint hint ....
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December 12, 2019, 03:50:32 PM
Merited by infofront (1)

It is interesting, based on the prediction model. Although in my opinion making predictions is somewhat complicated.

Quote
4 years multiple shows difference between current price and price 4 years before. It never went below 6x and if it keeps above that number in next two years next ATH would be $120K minimum.


Source: https://twitter.com/digitalikNet/status/1204928433651879941

But, According to Tim Draper:

Quote
While explaining the different financial investment options investors have, Tim said Bitcoin provides the best option for long term investors. Tim who is an investor himself predicted that bitcoin price would reach as high as $250,000 within the next few years. He said Bitcoin is constantly improving and gaining more applications.

Source: https://cryptonewmedia.press/2019/12/12/bitcoin-is-the-currency-of-the-future-says-billionaire-tim-draper/
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December 12, 2019, 04:03:44 PM



Damn V8 is back in his "off-mode"
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December 12, 2019, 04:18:20 PM

World map shows regions with an average life expectancy of over 80 years.

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December 12, 2019, 04:19:31 PM
Merited by LUCKMCFLY (1)

It is interesting, based on the prediction model. Although in my opinion making predictions is somewhat complicated.

Quote
4 years multiple shows difference between current price and price 4 years before. It never went below 6x and if it keeps above that number in next two years next ATH would be $120K minimum.


Source: https://twitter.com/digitalikNet/status/1204928433651879941

But, According to Tim Draper:

Quote
While explaining the different financial investment options investors have, Tim said Bitcoin provides the best option for long term investors. Tim who is an investor himself predicted that bitcoin price would reach as high as $250,000 within the next few years. He said Bitcoin is constantly improving and gaining more applications.

Source: https://cryptonewmedia.press/2019/12/12/bitcoin-is-the-currency-of-the-future-says-billionaire-tim-draper/

Yes this is fascinating, but this is not a model: he's drawing lines and noticing that somehow the price never got below that line.
Not a word WHY this happened.
That would be a model.

So, fascinating, but dismissed as a predicition worth for investing.

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December 12, 2019, 04:27:08 PM



Damn V8 is back in his "off-mode"



Maybe V8 likes this. Cheesy
jojo69
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December 12, 2019, 04:27:43 PM

LOL

Nevada
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December 12, 2019, 04:28:22 PM

It is interesting, based on the prediction model. Although in my opinion making predictions is somewhat complicated.

Quote
4 years multiple shows difference between current price and price 4 years before. It never went below 6x and if it keeps above that number in next two years next ATH would be $120K minimum.


Source: https://twitter.com/digitalikNet/status/1204928433651879941

But, According to Tim Draper:

Quote
While explaining the different financial investment options investors have, Tim said Bitcoin provides the best option for long term investors. Tim who is an investor himself predicted that bitcoin price would reach as high as $250,000 within the next few years. He said Bitcoin is constantly improving and gaining more applications.

Source: https://cryptonewmedia.press/2019/12/12/bitcoin-is-the-currency-of-the-future-says-billionaire-tim-draper/

Yes this is fascinating, but this is not a model: he's drawing lines and noticing that somehow the price never got below that line.
Not a word WHY this happened.
That would be a model.

So, fascinating, but dismissed as a predicition worth for investing.



Thanks fillippone,

This is how you say, I trust the PlanB model with the modeling of the value of bitcoin with stock-to-flow ... it gives much more credibility because he himself affirms that the model is not forever.
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December 12, 2019, 04:30:59 PM

The bitcoin community may soon have its own version of Ethereum’s flagship decentralized finance (DeFi) platform.

Quote
Money on Chain, a startup currently in the process of moving to Uruguay and converting into a nonprofit trust, just launched a DeFi platform based on the bitcoin sidechain Rootstock (RSK). The transition to a trust mimics MakerDAO’s Maker Foundation, which oversees the governance of a loan system with $330 million worth of “locked-in” crypto collateral.

While other projects like the Cross-Chain Working Group are exploring ways to wrap bitcoin in ethereum-based tokens for DeFi use, or offer centralized services for taking DAI loans with bitcoin collateral, this RSK model wants to use an open-source protocol inspired by bitcoin.

“We are going to allow other projects to build the DeFi ecosystem on top of bitcoin,” said Money on Chain co-founder Max Cajurzaa. “We are going to launch lending products on top of Money on Chain, but the ecosystem will evolve. Exactly the same as what happened with MakerDAO on ethereum.”

Diego Gutierrez Zaldivar, RSK co-founder and CEO of IOVLabs, said his team is already in talks with MakerDAO to explore bridges between that ethereum-based platform and this new sidechain project.
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December 12, 2019, 04:57:19 PM

Nice pattern.

Quote
Throwback Thursday - I was overly optimistic but the basic pattern is intact.


Source: https://twitter.com/ChartsBtc/status/1205149798644346880
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$100K is a reality


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December 12, 2019, 05:06:32 PM

Good afternoon WO!
Observing @ $7,193

Anyone is going to watch the Utd match today?
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December 12, 2019, 05:09:27 PM

Solution: switch to linux

its own kind of hell

I am also about to convert to linux.

I was fine with win7. I liked it. It was doing alright. It had everything I would want from an operating system.

Tried win10. Didn't like. One bit.

Tried linux before but never used it for a long time. It has its own fuck ups I believe but nothing is perfect and I still believe it is better than w10. Hopefully I am not making a mistake.
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December 12, 2019, 05:16:05 PM
Merited by VB1001 (1)

Solution: switch to linux

its own kind of hell

I am also about to convert to linux.

I was fine with win7. I liked it. It was doing alright. It had everything I would want from an operating system.

Tried win10. Didn't like. One bit.

Tried linux before but never used it for a long time. It has its own fuck ups I believe but nothing is perfect and I still believe it is better than w10. Hopefully I am not making a mistake.

Ditto, but linux is only free if your time isn't valuable. It's consuming a lot more of my time than I anticipated.
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1/21000000 , the only math you need to know


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December 12, 2019, 05:23:00 PM


I am also about to convert to linux.

I was fine with win7. I liked it. It was doing alright. It had everything I would want from an operating system.

Tried win10. Didn't like. One bit.

Tried linux before but never used it for a long time. It has its own fuck ups I believe but nothing is perfect and I still believe it is better than w10. Hopefully I am not making a mistake.

yeah

Redmond has finally lost me.  Obviously I will keep a Windows example running, but I am actively trying out Debian flavors in test now.

Just too intrusive, nanny nagging bullshit, its over.
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December 12, 2019, 05:29:44 PM
Last edit: December 12, 2019, 05:51:27 PM by dragonvslinux
Merited by Dabs (1), BobLawblaw (1)

Cheer up Wall Observers, $6,500 might of been the bottom  Cool

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December 12, 2019, 05:31:46 PM
Merited by Dabs (2), BobLawblaw (2)

The issue with linux is lack of software in specific domains. It's great for developers, usable for graphics, just not there yet for music.
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