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

[TERA2]

I am not assuming anything.  I merely said that they (Wall street types) are looking into Bitcoin, and they did not even know about it before $10k.  So how is my statement assuming in regards to their actual investment or their actual pushing this particular price rise - all by themselves?  I suppose I am assuming that the more that Wall street types know about bitcoin, the more that their knowing about it could contribute to some kind of bullish impact on bitcoin.. and I am NOT even saying that buying pressure is coming from ONLY one aspect of the market.  

Even you should realize that Bitcoin is much more than some simple kind of appeal to only one sector.. financialization is ONLY one of the several bitcoin networking effects that may well be in its early infancy stages.  You are familiar with the seven network effects that are outlined by Trace Mayer?  You need a link?  

Do you think that those other six network (besides financialization) effects are not important in the overall consideration regarding where bitcoin is at and where it might be going?  Do you think that those other six network effects have already sufficiently matured in bitcoin?  or do you think that those other six network effects are still too early to potentially influence bitcoin into an early 2013 type scenario.  

By the way, I like the way you even doubled down (NOT) on your bearishness by suggesting a 2011 scenario (which I think that you are implying that this particular BTC downtrend could be even longer than the one in 2014/2015, which I think is what you mean by your 2011 reference).  

It is like ongoing that you, Terabeara, take these outrageous positions (like a troll) to spread FUD, and then later, when some semblance of the direction of your prediction moves in a direction of coming true, then you don't hesitate to take full credit for something that you did not even call - because like I mentioned earlier, you had been whining about BTC bubble ever since $5k, and I recall that you were even whining about BTC bubble when you first came back into the thread in 2015 as BTC prices were coming out of the long flat period,  it did not take you too long to get back to your bearish talking points (here's your return to the WO post for reference)... Even when you try to act like you have reasonable discussion points, you are flooded with persistent bearish BTC FUD spreading party pooping negativisms.      

TLDR:  TeraBera needs to attend some kind of BTC enlightenment camp that is NOT in the woods, so she can break her ties from bears, but more importantly break her ties from government/corporate shills.  INTENSE reform is what seems to be needed for your lost cause status (if there is any possible hope?).

We'veYou've been making the same arguments about how everyone in the world must want a bitcoin ever since the beginning but that doesn't stop bitcoin from following its chart patterns and crashing spectacularly before the next rise. Wall street isn't going to buy into a downtrend. They will wait until every drop of blood is in the street.

[criptix]

I think the bounce will top out here, we gonna go sideway for a bit then retest 5-6 k again.

Not so sure about that. Major support now built at $7500 and now $8k.

Yeah i know what you mean and agree that BTC showed good support at the 7-8 k range in the last days.

Nevertheless i think if we get a double bottom at 5-6 k with similar volume like last time it will be a definite signal that BTC found its new support range.

From there we can start the rocket to 40 k 

[JayJuanGee]

I am not assuming anything.  I merely said that they (Wall street types) are looking into Bitcoin, and they did not even know about it before $10k.  So how is my statement assuming in regards to their actual investment or their actual pushing this particular price rise - all by themselves?  I suppose I am assuming that the more that Wall street types know about bitcoin, the more that their knowing about it could contribute to some kind of bullish impact on bitcoin.. and I am NOT even saying that buying pressure is coming from ONLY one aspect of the market.  

Even you should realize that Bitcoin is much more than some simple kind of appeal to only one sector.. financialization is ONLY one of the several bitcoin networking effects that may well be in its early infancy stages.  You are familiar with the seven network effects that are outlined by Trace Mayer?  You need a link?  

Do you think that those other six network (besides financialization) effects are not important in the overall consideration regarding where bitcoin is at and where it might be going?  Do you think that those other six network effects have already sufficiently matured in bitcoin?  or do you think that those other six network effects are still too early to potentially influence bitcoin into an early 2013 type scenario.  

By the way, I like the way you even doubled down (NOT) on your bearishness by suggesting a 2011 scenario (which I think that you are implying that this particular BTC downtrend could be even longer than the one in 2014/2015, which I think is what you mean by your 2011 reference).  

It is like ongoing that you, Terabeara, take these outrageous positions (like a troll) to spread FUD, and then later, when some semblance of the direction of your prediction moves in a direction of coming true, then you don't hesitate to take full credit for something that you did not even call - because like I mentioned earlier, you had been whining about BTC bubble ever since $5k, and I recall that you were even whining about BTC bubble when you first came back into the thread in 2015 as BTC prices were coming out of the long flat period,  it did not take you too long to get back to your bearish talking points (here's your return to the WO post for reference)... Even when you try to act like you have reasonable discussion points, you are flooded with persistent bearish BTC FUD spreading party pooping negativisms.      

TLDR:  TeraBera needs to attend some kind of BTC enlightenment camp that is NOT in the woods, so she can break her ties from bears, but more importantly break her ties from government/corporate shills.  INTENSE reform is what seems to be needed for your lost cause status (if there is any possible hope?).

We'veYou've been making the same arguments about how everyone in the world must want a bitcoin ever since the beginning but that doesn't stop bitcoin from following its chart patterns and crashing spectacularly before the next rise.

I think that you would have been better with your "we" formulation, rather than proclaiming my particular argument.  You have not been very good at characterizing the various arguments of others whether that is me or generalizing about what all bulls want, supposedly.

Get the fuck out of here with your characterizing what everyone wants (including me). 

We have ourselves something like .5% world adoption of bitcoin with areas of the world and some populations having greater bitcoin penetration than others.  How are we going to characterize what this is exactly, when it remains small as fuck?

There is a certain level of anticipated continue growth merely based on the current low level of penetration.  Whether greater growth happens or not is not an inevitable proposition, it is merely a tendency that I describe and other bitcoin bulls describe, and sure some of us might be suggesting that there is a kind of inevitability to this network growth phenomenon, especially when we are seeing a large number of network growth signs on an ongoing basis.   So yeah, we can have ongoing growth and adoption in a variety of ways and also have ongoing downward manipulation of prices, that may or may not succeed in keeping the price down.

Wall street isn't going to buy into a downtrend. They will wait until every drop of blood is in the street.

If they don't buy, then they might have to chase the train... Who the fuck knows what wall street is going to do?  Wall street is not a monolithic entity and some of those folks are already getting into it, and others of those folks are taking longer before they get in... Again, I don't understand why you continue to attempt to focus on one factor and then attribute contrary claims to other people.. while also ignoring various networking effect points of my previous posts while continuing to harp on simplified financialization only?  You probably don't really want to attempt any kind of meaningful discussion, but instead want to propagate partial stories and your ongoing FUD spreading.. while attempting to appear as if you are "getting real" when you are surely lacking in "real" on an ongoing basis...and seemingly on purpose.

[TERA2]

It's wall street some kind of singular sentient being?

Yes.

It's wall street some kind of singular sentient being?

Yes, just like the Borg.

[pacman7331]

I was planning on a sub 7000 purchase of a quarter BTC or so... looks like that may not happen.

What do you guys think? Looks like new support is 8500?

[Toxic2040]

[bones261]

Will you accept that it is a slow simmer? Simmering involves bubbles too.

[TERA2]

[Toxic2040]

Will you accept that it is a slow simmer? Simmering involves bubbles too.

mphff...fine...for now.

img -snip-

I accept your scenario to the 14kish fib and subsequent retraction to 5 figure support but your surmise after that is too chaotic to be relevant.

[El duderino_]

Breaking 24777$ prediction game      FINAL LIST       


09/02/2018 siera
17/03/2018 fragout
18/03/2018 fabiorem
21/03/2018 dakustaking76
23/03/2018 nikauforest

UPDATE     AND GOOD LUCK !!!

How much btc gets the winner?

.25 btc for closest or right date.... and When right in the middle of dates each of closest dates gets .25 So for example 19/03 go to fabiorem and 20/03 go to you .... and 22/03  would be .25 for you and .25 for nikauforest

[jojo69]

BCash super pump

[El duderino_]

BCash super pump

Btg as well....

[infofront]

[bitcoin_is_here_to_stay_2]

Ive been saying for months there would be a bounce from 5.5K to the low teens before proceeding with the bear market. The next bottom after that would be 3K. However, it could take a really long time and there would be other bounces off 5.5K first.

Ya sure I remember at 20K this board had said bitcoin had matured yada yada and the 'big players were accumulating and manipulating it down to 16K'. As if the world's brightest investors hadnt bought at 1K and below and were suddenly interested at buying at a 1600% premium on top of a bubble at ATH. lol. Dont buy all the bull

TERA, thank you for your answer. You also mentioned elsewhere that "we will see 100k before 1k". So do I understand your prediction correctly: 13-14k bump first (your chart), then bumpy fall to ~3k (about a year?) then another bull to ~100k, and then a mega bear market to ~1k?

This bear market is progressing very fast so far, so I wondered if it is realistic to assume that even *if* we will make another lower low, it will be over by a year's end?

[TERA2]

Ive been saying for months there would be a bounce from 5.5K to the low teens before proceeding with the bear market. The next bottom after that would be 3K. However, it could take a really long time and there would be other bounces off 5.5K first.

Ya sure I remember at 20K this board had said bitcoin had matured yada yada and the 'big players were accumulating and manipulating it down to 16K'. As if the world's brightest investors hadnt bought at 1K and below and were suddenly interested at buying at a 1600% premium on top of a bubble at ATH. lol. Dont buy all the bull

TERA, thank you for your answer. You also mentioned elsewhere that "we will see 100k before 1k". So do I understand your prediction correctly: 13-14k bump first (your chart), then bumpy fall to ~3k (about a year?) then another bull to ~100k, and then a mega bear market to ~1k?

This bear market is progressing very fast so far, so I wondered if it is realistic to assume that even *if* we will make another lower low, it will be over by a year's end?

You misread two things in that post. First I said 10K, not 100K. Second, I didn't call 1K. It was someone else who suggested 1K.

[bones261]

BCash super pump

Btg as well....

BTC is still outperforming both.   

[El duderino_]

BCash super pump

Btg as well....

BTC is still outperforming both.   

Should complete take them down ...... maybe first to golf let take over bch Just for sports and then flow into btc as well

[jojo69]

LOL, been lurking whalepool

just now... OMG WHAT IF ELON IS SATOSHI?!?!?

[Nosk]

We are not over the resisrance zone yet. Just a few more € and we should step up fast to 9k2€. (But it is still possible, even if unlikely, that we bounce down)

[Dakustaking76]

Breaking 24777$ prediction game      FINAL LIST       


09/02/2018 siera
17/03/2018 fragout
18/03/2018 fabiorem
21/03/2018 dakustaking76
23/03/2018 nikauforest

UPDATE     AND GOOD LUCK !!!

How much btc gets the winner?

.25 btc for closest or right date.... and When right in the middle of dates each of closest dates gets .25 So for example 19/03 go to fabiorem and 20/03 go to you .... and 22/03  would be .25 for you and .25 for nikauforest

Damn iT would Be Nice if i win, my girlfrends birthday is on 23/3/2018 And before that were going on holiday