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Question: What happens first:
$65,000 - 13 (81.3%)
$48,000 - 3 (18.8%)
Total Voters: 16

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26313946 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. (170 posts by 1 users with 9 merit deleted.)
LUCKMCFLY
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February 07, 2020, 01:45:53 AM

It would be great before Halving to see the price of Bitcoin at $ 15.8k..

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Why This Top Analyst Says Bitcoin May Hit $15,800 Before 2020 Halving - https://cryptonewsking.com/2020/02/06/why-this-top-analyst-says-bitcoin-may-hit-15800-before-2020-halving/ - -


Twitter: https://twitter.com/CryptoNewsKing/status/1225591365419126784

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“We can see that the pre halving ultimate top was around $800, or the 78.6% fib retracement. While history never repeats but often rhymes, this would actually put a top in around $15.8k.”

Source: https://cryptonewsking.com/2020/02/06/why-this-top-analyst-says-bitcoin-may-hit-15800-before-2020-halving/
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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February 07, 2020, 02:35:15 AM

Orange coin go up
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February 07, 2020, 02:45:36 AM

Interesting data point;

The PPE section at my local Home Depot looks like something out of Venezuela.  The only dust masks left were a few of the most expensive type...big sign "limited to 10 per customer"
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February 07, 2020, 02:49:09 AM
Merited by JSRAW (1)

It would be great before Halving to see the price of Bitcoin at $ 15.8k..

Quote
Why This Top Analyst Says Bitcoin May Hit $15,800 Before 2020 Halving - https://cryptonewsking.com/2020/02/06/why-this-top-analyst-says-bitcoin-may-hit-15800-before-2020-halving/ - -


Twitter: https://twitter.com/CryptoNewsKing/status/1225591365419126784

Quote
“We can see that the pre halving ultimate top was around $800, or the 78.6% fib retracement. While history never repeats but often rhymes, this would actually put a top in around $15.8k.”

Source: https://cryptonewsking.com/2020/02/06/why-this-top-analyst-says-bitcoin-may-hit-15800-before-2020-halving/

Personally I believe that anything close to $15.8k would be a bit too bullish before the halvening, and i would consider $12k to $13k to be more reasonable, but we also know that bitcoin does not tend to be reasonable once the momentum gets going, it can become a bit out of control, so yeah $15.8k could be possible, but then so could a surge up to $17.5k and then a retrace back down to $11k or $12k.
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February 07, 2020, 03:09:29 AM

naah

10K Tuesday or Wednesday

 I can't stay up that late!  I'm going to bed Smiley
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February 07, 2020, 03:37:44 AM
Merited by nutildah (1), kurious (1)

Here's the picnic bear at it again.

TL;DR jbreher argues big blocks with byzantine precision and aggressively low intellectual honesty. Beware: he's good at it.

Pay no attention to that man behind the curtain! He's only the chief scientist of the protocol and self proclaimed creator, a patent troll who copyrighted the whitepaper and trying to build a patent forest around the tech, other than that BSv is as decentralized as bitcoin. Keep trying to preach new n00bs in. Even in his best case scenario miners will just go behind tor, then who he's going to sue? But go ahead go fight the internet that always turns out well  Roll Eyes

Correct. BSV is just as decentralized as BTC. Craig's escapades notwithstanding. As they are irrelevant from the standpoint of the protocol and the chain.

Craig's escapades are indeed irrelevant to the protocol. Which, in a world of infinite straight lines and dimensionless points, has just as much centralization as BTC. However, in a world where there's a positive lower bound to the cost of resources, keeping verification costs near that lower bound conflicts with the number of lanes in the highway, so to say. Small vs big blocks becomes a matter of politics, or better said religion.



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February 07, 2020, 04:53:01 AM
Merited by Last of the V8s (1), vroom (1)

- Coronavirus death toll climbs to 639, 30,811 confirmed cases worldwide, 24,702 suspected cases, 4,664 in serious/critical condition
  and 1,337 recovered.

- Japan reports 41 additional cases, for a total of 61 aboard the quarantined cruise ship in Yokohama.

- Senior CCP official orders Wuhan to round up infected residents for mass quarantine camps.

- Taiwan halts visas for citizens of Macau and Hong Kong.

- Germany confirms 13th case.

-  UK reports 3rd case of coronavirus

- 2 suspected cases found in South Africa.

- Dubai reports 3rd death outside China.

- Hong Kong schools, kindergartens closed until at least March 2 as coronavirus fears grow, three universities take similar action.

- China to auction 10,000 T of frozen pork from state reserves.

- Millions of chickens at risk amid China lockdowns due to coronavirus.

- 30,000 geese have died because the shut down of the country made it impossible for the farmers to feed the birds.

- The Pentagon is preparing almost a dozen military installations around the country that could be used to house evacuees because of the coronavirus.

- Global supply chain disruptions are happening, it will take some time before it reach the consumer.

- Taiwan bans international cruise ships from docking at the island.

- China plans to lock down Liaoning and Jiangxi provinces placing 140m people under quarantine.

- Chinese doctor Li Wenliang, who was accused of spreading rumors after trying to warn colleagues about coronavirus, has died of the virus.

- Saudi Arabia bans citizens from traveling to China to prevent coronavirus.

- Chinese companies are extending the New Year Holiday(s) until the end of this month.

- China's Wuhan city govt says all residents must report their body temperature once a day.


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February 07, 2020, 05:22:08 AM



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February 07, 2020, 05:23:41 AM

Interesting data point;

The PPE section at my local Home Depot looks like something out of Venezuela.  The only dust masks left were a few of the most expensive type...big sign "limited to 10 per customer"

Found the same at my local hardware store. Needed to buy some dust masks for a job I'm starting in the next few weeks. Headed to the PPE section and it was swarmed by Chinese buying boxes at a time. The attendant informed me it has been happening for a few day (apparently they are buying up and sending back home where they're all sold out)
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February 07, 2020, 05:24:42 AM

Official Hong Kong Coronavirus Stats from the Department of Health




https://chp-dashboard.geodata.gov.hk/nia/en.html
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February 07, 2020, 05:45:30 AM

https://twitter.com/jimmy_wales/status/1225606831898333184

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Your marketing materials need to be updated immediately - as people seem to be reading this as some kind of endorsement from me.  I'm coming to speak my mind, which includes that BSV offers nothing for Wikipedia and that there is zero chance we would ever use it.

Ouch.
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February 07, 2020, 05:48:20 AM

In my opinion it is this:

It is one thing to find an alternative protocol to Bitcoin interesting, or believe in it as an investment.

I don't agree with this view, but people have the right to make choices, even if they ultimately prove to be wrong.  Live and let live.

However, going so far as refusing to condemn the objectively indefensible, places someone beyond the possibility of respect.  A fellow traveler ceases to be a friend, which is a shame.

Craig Wright's lack of principles and honesty is objectively indefensible.  This has been proven in a court of law.  He has lied under oath; it is not unreasonable to conclude he lives a tissue of lies.

When any man is obviously of sound mind and intelligent, but still disregards the obvious and will not condemn this plainly malignant, transparent liar, one can only conclude he is either; as corrupt as the man he defends, too egotistical, or too weak and foolish to look in the mirror and admit that he might be wrong.

And again, you conflate my support of BSV with support of CSW. Just no.

Dashjr has stated it is legitimate to kill all non-xtians. Does that taint all of BTC? No. For the person and the coin are two different things.

Do you think TRX and Justin Sun are two different things? Do you think TRX is not tainted by Justin?

If you believe that, then I have some TRX to sell you. 

There are plenty of reasons to completely ignore TRX. So I do.

Irrelevant false equivalence is irrelevant.
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February 07, 2020, 05:55:56 AM
Merited by mindrust (1), kurious (1)

What everybody (of non-rational mind) forgets is that nobody wants to use a coin spearheaded by a known con artist. The adoption barrier is already hard enough to overcome for bitcoin; with its completely unfriendly leadership and Craig's baggage, BSV stands no chance of overcoming it.

We already have a bitcoin. It works just fine. Well enough to the point that nobody needs to use its (first) forked competitor.
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February 07, 2020, 06:45:36 AM

Exchange altsbit.com ‘hacked’. Never heard of them tbh but epic quote (did I wake up in 2013/2014?):

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A small part of the funds are safe on cold wallets.

https://twitter.com/altsbit/status/1225319347687653377
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February 07, 2020, 06:49:10 AM
Merited by LFC_Bitcoin (4)

naah

10K Tuesday or Wednesday

Yep, around Feb 12th, if this channel holds up:



This is really nice. Well defined.

EDIT: I have been remembered by the forum that Newbies can't post image links (the hard way)  Embarrassed
Please someone quote for me, thanks!
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February 07, 2020, 06:54:51 AM

Wow, my rank has just upgraded - a new hero is born  Wink Thanks mic for the last merits to 500th and for being a true inspiration to all of us!  And thanks all WO brothers for the honor of sharing my sincere thoughts in my posts (888 total of which probably 99% are in this thread)!  #HODL #StrongHands

Congrats. ivomm
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February 07, 2020, 07:03:28 AM

naah

10K Tuesday or Wednesday

Yep, around Feb 12th, if this channel holds up:



This is really nice. Well defined.

EDIT: I have been remembered by the forum that Newbies can't post image links (the hard way)  Embarrassed
Please someone quote for me, thanks!

Quoted

Congratulation ivomm
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February 07, 2020, 07:04:45 AM

one little question here, while everyone is expecting the pump on btc and reaching around 15k-20k why dominance is decreasing lately  Huh

doesnt it means that the promised AltSeason might be much closer than  we expect  Grin

i think we are waiting for that season for around 3 years  Roll Eyes
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February 07, 2020, 07:25:41 AM
Merited by JayJuanGee (1)

one little question here, while everyone is expecting the pump on btc and reaching around 15k-20k why dominance is decreasing lately  Huh

doesnt it means that the promised AltSeason might be much closer than  we expect  Grin

i think we are waiting for that season for around 3 years  Roll Eyes

I think that you should have been asking this in the altcoin speculation area.
Yes, some altcoins were lately recovering nicely and the numbers show that. This may mean a lot or may mean nothing, since we are mostly focused here on Bitcoin and I didn't see proper TA for the major worthy altcoins.
I think that altcoin season (constant bigger gains than Bitcoin) may be sooner than 3 years though. It may depend (or not) on when Bitcoin surpasses 20k and how long the good side of the market cycle will last.
Since money is comeing back into Bitcoin, it's not unexpected that some altcoins get their share too. But I am not convinced we are close to altcoin season. One flower doesn't make it spring.
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February 07, 2020, 07:47:27 AM
Last edit: February 07, 2020, 09:27:59 AM by fillippone

GM WO!
Observing 9,783 USD@ stamp (are there other venues?)
Observing the first bullish chart of the day!

Quote

Mayer multiple bands about to cross to bullish range (>1,1).

LIVE: digitalik.net/btc/mayer_band…

@Bitcoin #btc BTC #crypto




https://twitter.com/digitaliknet/status/1225548392824176642


See the graph in real time here:
https://digitalik.net/btc/mayer_bands

Waiting for El duderino_ Stifler gif....


Wow, my rank has just upgraded - a new hero is born  Wink
<...>

Congrats ivomm! An Hero Already fo WO gang.
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