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

[Ludwig Von]

Something interesting about Elliot wave...

http://www.cnbc.com/2017/07/20/bitcoin-bubble-dwarfs-tulip-mania-from-400-years-ago-elliott-wave.html

'tulip mania' and 'beanie babies' in the one same article.

fail.

Lol yeah, but for me, in this case, the author is more interesting than the content... . 

[European Central Bank]

Now ETH ICOs on the other hand... that's the Dot Com or South Seas bubble mania all over again.

yep. that's kind of impossible to deny.

[Globb0]

Something interesting about Elliot wave...

http://www.cnbc.com/2017/07/20/bitcoin-bubble-dwarfs-tulip-mania-from-400-years-ago-elliott-wave.html

'tulip mania' and 'beanie babies' in the one same article.

fail.

Yeah, I saw that too. Also the tulip mania only lasted for 3 years, and we all know that tulips are beautiful but otherwise worthless and plentiful. How that mania ever manifested in the first place is beyond me. Same with beanie babies, just a viral fad that lasted 3 years and even the creator was expanding supply the whole time.

If one believes that bitcoin and it's associated network is a good place to store and transfer value, due to it's inherent attributes and its consensus rules/mechanism, then that was true 9 years ago, is true today, and there is no reason to believe it wouldn't be true 9, 18, 27 years from now.

That's why it is a completely different animal from a short term 'mania' or fad. It endures because of what it is capable of TODAY, not just promises of tomorrow.

Now ETH ICOs on the other hand... that's the Dot Com or South Seas bubble mania all over again.

Tulips die where bitcoin lives on

[Last of the V8s]

Something interesting about Elliot wave...

http://www.cnbc.com/2017/07/20/bitcoin-bubble-dwarfs-tulip-mania-from-400-years-ago-elliott-wave.html

'tulip mania' and 'beanie babies' in the one same article.

fail.

Lol yeah, but for me, in this case, the author is more interesting than the content... . 

meh. Dude you are rich now you can afford a bit better

[Meuh6879]

Not enough ... boyaaaa.







---





Update : https://www.xbt.eu/ (144 Blocks)



Battle for the 95% (BIP9) begin ... (BIP9 is recognize by Bitcoin Core, the 96% of Bitcoin Network).

http://bitcoin.sipa.be/versions.html

[silverfuture]

Not enough ... boyaaaa.

"The Road to Milfdom" by Hayek

[Mr Frog]

New ATH Tomorrow. July 21st 2017.

Fast & easy, no need to wait. 
...What ? I need money tomorrow.

Damn that was close. & We are not gonna make it in the next hour for sure.
It was a nice ride anyway.

Good luck all.

[El duderino_]

I'd like to predict ATH by 07/23 if it's still possible

Reason why is because we've had such a strong run from 1800 right up under the ATH without any retraces at all, a small retrace just below it is reasonable(which I also posted when we were at 2925) when we've had such a crazy run. And I expect the strength to continue pretty soon.

23/07 already taken by: Bitcoinaire

[BinaryReign]

I'd like to predict ATH by 07/23 if it's still possible

Reason why is because we've had such a strong run from 1800 right up under the ATH without any retraces at all, a small retrace just below it is reasonable(which I also posted when we were at 2925) when we've had such a crazy run. And I expect the strength to continue pretty soon.

23/07 already taken by: Bitcoinaire

is it too late for me to get the next soonest available date? 8-27? I didn't realize someone already called 8-18  

[El duderino_]

New ATH Tomorrow. July 21st 2017.

Fast & easy, no need to wait. 
...What ? I need money tomorrow.

Damn that was close. & We are not gonna make it in the next hour for sure.
It was a nice ride anyway.

Good luck all.

Yes it was very very close. Thanks for taking a date on the game, it was a pleasure

[Mr Frog]

New ATH Tomorrow. July 21st 2017.

Fast & easy, no need to wait. 
...What ? I need money tomorrow.

Damn that was close. & We are not gonna make it in the next hour for sure.
It was a nice ride anyway.

Good luck all.

Yes it was very very close. Thanks for taking a date on the game, it was a pleasure

Hey thanks to you micgoossens. It is fun anyway. Let's see who get's the good one. 

[El duderino_]

Bet CLOSED! Let the game begins...
Thank you all for supporting this game and I wish you all good luck. Let's make contact when ATH touched.
Final list:
20/07 Siggy 
21/07 Mr Frog
22/07 Protokol
23/07 Bitcoinaire
24/07 Lost_in_base
25/07 rjclarke2000
26/07 Globbo
27/07 Poolminor
28/07 TeeBone
29/07 Ted E. Bear
30/07 bathy
31/07 Infofront
01/08 Vin
02/08 Steelboy
03/08 D_eddie
04/08 Bitserve
05/08 Bikerleszno
06/08 Last of the v8s
07/08 Pajulapoiss
08/08 Imbatman
09/08 Mikenz
10/08 Machasm
11/08 Aesma
12/08 doc12
13/08 Fluidjax
14/08 ShroomsKit_Disgrace
15/08 Fragout
16/08 Orpington
17/08 sirazimuth
18/08 Ivomm
19/08 Elwar
20/08 Oblox
21/08 Haciendo
22/08 Boba
23/08 ErisDiscordia
24/08 Ludwig Von
25/08 Hazukison
26/08 SportbetMaster
27/08 Nanobtc
28/08 Vamos1
29/08 Paashaas
30/08 RayX12
31/08 BinaryReign
02/09 Patrisorvieto
05/09 Entons
06/09 Oinas
09/09 Edgar
11/09 Buwaytress
15/09 MinermanNC
17/09 Spaceman_spiff
21/09 undeadbitcoiner
01/10 K.Ehleyr
02/10 Petemoss2
04/10 Herman Hesse
13/10 Cryptoqueen
05/11 Chainsaw
21/11 Icygreen
12/12 Kurious
23/12 Fractaluniverse
14/01/2018 In the silence
05/02/2018 savetherainforest

[El duderino_]

I'd like to predict ATH by 07/23 if it's still possible

Reason why is because we've had such a strong run from 1800 right up under the ATH without any retraces at all, a small retrace just below it is reasonable(which I also posted when we were at 2925) when we've had such a crazy run. And I expect the strength to continue pretty soon.

23/07 already taken by: Bitcoinaire

is it too late for me to get the next soonest available date? 8-27? I didn't realize someone already called 8-18  

31/08 was the soonest possible! grtz

[Ludwig Von]

New ATH Tomorrow. July 21st 2017.

Fast & easy, no need to wait. 
...What ? I need money tomorrow.

Damn that was close. & We are not gonna make it in the next hour for sure.
It was a nice ride anyway.

Good luck all.

Yes it was very very close. Thanks for taking a date on the game, it was a pleasure

Hey thanks to you micgoossens. It is fun anyway. Let's see who get's the good one. 

  Lol Mic, there will be many good ones, I hope you are aware of that... .

[El duderino_]

New ATH Tomorrow. July 21st 2017.

Fast & easy, no need to wait. 
...What ? I need money tomorrow.

Damn that was close. & We are not gonna make it in the next hour for sure.
It was a nice ride anyway.

Good luck all.

Yes it was very very close. Thanks for taking a date on the game, it was a pleasure

Hey thanks to you micgoossens. It is fun anyway. Let's see who get's the good one. 

  Lol Mic, there will be many good ones, I hope you are aware of that... .

Very aware of that

[bitserve]

BIP141 - 86.8% now.

[jbreher]

What specifically will be so earth shattering for Bitcoin within the next 6 months that price will rise from here to "insane levels"?

insane within 6 months?

nothing.

Exactly.

Hence my short term bearish attitude.

I dunno. Would doubling to $200B be "insane"? Not in my book. So is that bearish? No.

[yefi]

Crypto "market cap" means absolutely nothing.

I notice no-one who says this has ever put a coin in the top 10. If it means absolutely nothing, then you should be able to do it for ten bucks and be able to keep it there.

[sirazimuth]

Bet CLOSED! Let the game begins...
Thank you all for supporting this game and I wish you all good luck. Let's make contact when ATH touched.
Final list:
20/07 Siggy  
21/07 Mr Frog
22/07 Protokol
23/07 Bitcoinaire
24/07 Lost_in_base
25/07 rjclarke2000
26/07 Globbo
27/07 Poolminor
28/07 TeeBone
29/07 Ted E. Bear
30/07 bathy
31/07 Infofront
01/08 Vin
02/08 Steelboy
03/08 D_eddie
04/08 Bitserve
05/08 Bikerleszno
06/08 Last of the v8s
07/08 Pajulapoiss
08/08 Imbatman
09/08 Mikenz
10/08 Machasm
11/08 Aesma
12/08 doc12
13/08 Fluidjax
14/08 ShroomsKit_Disgrace
15/08 Fragout
16/08 Orpington
17/08 sirazimuth
18/08 Ivomm
19/08 Elwar
20/08 Oblox
21/08 Haciendo
22/08 Boba
23/08 ErisDiscordia
24/08 Ludwig Von
25/08 Hazukison
26/08 SportbetMaster
27/08 Nanobtc
28/08 Vamos1
29/08 Paashaas
30/08 RayX12
31/08 BinaryReign
02/09 Patrisorvieto
05/09 Entons
06/09 Oinas
09/09 Edgar
11/09 Buwaytress
15/09 MinermanNC
17/09 Spaceman_spiff
21/09 undeadbitcoiner
01/10 K.Ehleyr
02/10 Petemoss2
04/10 Herman Hesse
13/10 Cryptoqueen
05/11 Chainsaw
21/11 Icygreen
12/12 Kurious
23/12 Fractaluniverse
14/01/2018 In the silence
05/02/2018 savetherainforest

well most of that list i've never seen before in WO.
maybe the veterans don't participate in noob stunts.
but whatever, it's all good fun. I ain't proud...good luck to all  
oh look...august fully booked!   its the 17th baby!

[yefi]

Yeah, I saw that too. Also the tulip mania only lasted for 3 years, and we all know that tulips are beautiful but otherwise worthless and plentiful. How that mania ever manifested in the first place is beyond me.

The most expensive bulbs were infected with a virus which retarded propagation, and I think prevented it after several generations. Despite the limited supply, storing value in organic matter that decays doesn't seem very smart.