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Question: Is this the last time we see sub-$10K?
Yes - 29 (45.3%)
No - 35 (54.7%)
Total Voters: 64

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21528544 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. (142 posts by 32 users deleted.)
El duderino_
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December 19, 2019, 01:24:38 PM

Can’t sleep!
Actually feeling uber bullish, looking at S2F & loads of positive tweets.

Feeling very excited about our future gentlemen.

LFC, I've been following your posts, always gives me a smile as I'm also a hodler from the UK.

Merry Xmas man.

We do not s*ck c*ck from the first post !!!

Just laughing, welcome to the amazing WO-thread .....
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1582105468
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nutildah
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December 19, 2019, 01:27:27 PM

The threshold to start the investigation is pretty low. I don't have to assume he's 100% guilty. Just probable cause or reasonable suspicion, maybe even less. Just the facts we know about Bidens... it's very fishy.

Hunter Biden getting a job working at Burisma is indeed nepotism, which is as old as politics itself. There was nothing illegal in his hiring. There will be no further Biden investigations, mark my words.

The framework and foreign policy standards are for diplomats working for the State Department. U.S. President is above the State Department. He can conduct foreign policy any way he likes.

No, he can't, especially when he's specifically targeting a political opponent. We just proved that. It would have been much more tactful of him to go through diplomatic channels, but he thinks he can do anything. He can't. We both know Trump doesn't care about investigating Biden "for the good of America"; much less for the good of the Ukraine.
Phil_S
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December 19, 2019, 01:32:19 PM

"You" proved nothing. Investigating Bidens still makes sense.
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December 19, 2019, 01:48:07 PM

Can’t sleep!
Actually feeling uber bullish, looking at S2F & loads of positive tweets.

Feeling very excited about our future gentlemen.

LFC, I've been following your posts, always gives me a smile as I'm also a hodler from the UK.

Merry Xmas man.

We do not s*ck c*ck from the first post !!!

Just laughing, welcome to the amazing WO-thread .....

Haha, So much hate, where's the love ? Smiley

Thanks for the welcome messages.

Merry Xmas to all the hodling brothers. Hope BTC will make us all very happy in the near future.
bitserve
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December 19, 2019, 01:58:37 PM

Can’t sleep!
Actually feeling uber bullish, looking at S2F & loads of positive tweets.

Feeling very excited about our future gentlemen.

LFC, I've been following your posts, always gives me a smile as I'm also a hodler from the UK.

Merry Xmas man.

We do not s*ck c*ck from the first post !!!

Just laughing, welcome to the amazing WO-thread .....

Lol! Maybe an LCF alt? Tongue

Welcome xplode9!
dragonvslinux
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December 19, 2019, 02:01:55 PM

Thanks to everyone in this thread who put up with my TA supported me in becoming a Full Member, you know who you are  Wink
El duderino_
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December 19, 2019, 02:02:54 PM

Thanks to everyone in this thread who put up with my TA supported me in becoming a Full Member, you know who you are  Wink

Now you can go for a HAT
dragonvslinux
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December 19, 2019, 02:10:04 PM

Thanks to everyone in this thread who put up with my TA supported me in becoming a Full Member, you know who you are  Wink

Now you can go for a HAT

Ironic you should mention that, I just uploaded a new hat avatar. I'm afraid it's not one of the Wall Observer™ Official ® hats however.
Maybe soon I will apply though  Smiley
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nothing to see here


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December 19, 2019, 02:10:12 PM
Merited by nutildah (3), jbreher (1), Hueristic (1)

"You" proved nothing. Investigating Bidens still makes sense.

What's the reason for investigation?
Accusations.
Responsibility: FBI

Which were the accusations against biden, and by whom, to reason investigations?
Who should lead these investigations?

Think!

I just quote McAfee:

Quote
wake... the... fuck... UP!

Don't let politicians mislead you to fight each other, even if it's just "heavy debating". It's basically just an attempt to distract you from looking at what THEY do: Stealing your money, your freedom, your satisfaction. If somebody is elected for POTUS because of hatespeech and FUD twitter postings, the nation has an educational problem.
See, over here in europe, we learned our lessons through hitler. The bad news is, that this kind of experience is dying with the generation that survived WW2, so we are likely to make all the same mistakes again.

Roach, feel free to deny the holocaust now, i won't notice bcause ignore and stuff.  Roll Eyes
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December 19, 2019, 03:16:16 PM
Merited by BobLawblaw (1)

My final buy for the year: 0.14BTC. Merry Xmas everybody!  Wink
El duderino_
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December 19, 2019, 03:35:47 PM

My final buy for the year: 0.14BTC. Merry Xmas everybody!  Wink

Thats good keep stacking them corns...you did bought some "bargains"  Cheesy
El duderino_
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December 19, 2019, 04:00:28 PM

Last night was such a weird party. Pretty sure the boat ended up on fire. Dunno how I got here and have lost my keys. Miami is weird dude goin back to bed
https://twitter.com/CryptoCobain/status/1207601236813524993?s=20


People, parties, losing sh*t, everywhere same stories only different characters playing the storyline
LFC_Bitcoin
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December 19, 2019, 04:49:03 PM

Last night was such a weird party. Pretty sure the boat ended up on fire. Dunno how I got here and have lost my keys. Miami is weird dude goin back to bed
https://twitter.com/CryptoCobain/status/1207601236813524993?s=20


People, parties, losing sh*t, everywhere same stories only different characters playing the storyline

Kind of like when you lost your bitcoin’s on that boat mic. Such a terrible tragedy. I will send you a few sats on your birthday brother.
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December 19, 2019, 05:31:53 PM


A core difference, of course, being the fact that defecting soldiers are executed, while miners that switch to another chain are rewarded.
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December 19, 2019, 05:34:45 PM

All defecting soldiers?

JayJuanGee
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How much alt coin diversification is needed? 0%?


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December 19, 2019, 05:34:53 PM

@JJG, I got confused for a sec then i realized mhmm.... okay


Snap out of it JSRAW....


Me and you be like this.




#nohomo
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December 19, 2019, 05:36:14 PM
Merited by vapourminer (1)

Where can I get some of these new Proof of Text JJG coins?

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December 19, 2019, 05:40:16 PM
Merited by mindrust (1)

Less and less for Halving ...

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Bitcoin halving candles

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December 19, 2019, 05:40:43 PM

The framework governing U.S. diplomacy and foreign policy standards cares. You should care too. Trump should have cared, but he didn't, and he paid for it.

Newsflash: In the good ol' USA, interstate affairs are vested within the executive branch. As president, the dispatch of such affairs are his domain.
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December 19, 2019, 05:49:25 PM

Where Do we wanna go from here?? Someone can fill in that question ?  Grin
Nobody can predict the next movement these days. But considering how fast the price recovered from yesterday's crash, I think the next target is $8200. I don't know yet who sold so much in the last months, but this wasn't a mass sell off like in 2018. I have a gut feeling that their bitcoin bag is now empty, so I wouldn't be surprised if we jump and this time stay above 10K in the following weeks. If my gut feeling is not quite right, we may be in pains for the next weeks with jumps and falls around 7K. It is less probable that the bears attempt a new attack on $6500, this will cost them too much. At least they don't have the support of the miners, who are still on a loss right now. The hashrate compared to the last year doubled, so for the miners for example the price $3200 in 2018 is equal to $6400 now.  I think that the break even price considering the electricity and all maintenance costs right now is around $7-8K.

Now that is interesting, what will the break even price be after the halving?

All factors being equal, well, double (ie: $15K)

But then, if prices also increases it is predictable hashrate will too, so more than double.

There is always the possibility of price not increasing and then hashrate decreasing while maintaining the cost per BTC mined.

So... we don't really know... but double is most "safe" answer.

Or was it a rethorical question? lol



I am thinking that the cost are the same after the halvening.

Only the new supply that comes out of that is reduced in half.

The costs only go up when the hash rate goes up, but moore's law tells us that cost of hashrate goes down with the passage of time.

Of course, nothing is static, so even though bitcoin provides incentives for the front loading of hashing before the halvening (get more coins before the reward goes down) and the cutting off of hash rate after the halvening (because not as much profits from fewer coins).

Ultimately, empirical evidence has been showing that so far BTC prices have been going up way more than double upon each halvening, which causes incentive to mine and to cause the hashrate to go up. 

I think that our best model is to just scramble all the factors together and to say that it is NOT just one variable that can be changed, because a whole bunch of folks are incentivized in an number of ways that end up causing the stock to flow model, the four year fractal model and the s-curve exponential adoption model to all end up playing out in a kind of true way that causes HODLers to become "richie."  There is no such number for "richie" even though peaks of 100x have historically been nice - yet the higher that BTC prices get, the more likely that each four year cycle is going to result in somewhat smaller peaks, including causing "richie" to become less exponential - except for us earlier adopters who are laughing our way to the bank while being accused of being part of a ponzi scheme... thank you very much later adopters, even the reluctant ones that are going to be forced to come on board much later, looking at you roach..**

(**a tiny bit sorry that I devolved in the end of that above paragraph into non-mathematical levels of uncontrolled excited / irrational exuberances, and even a jaded personal attack at roach's expense, as a model of what NOT to do...  Cry Cry)
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