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

[moneyForjam]

WO- the only place where a correction becomes a P&D, except of course btc

[1713422671]

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[bluebits]

This is one of my favorite altcoin fails. From $27K to $27M and all the way back down.

Scenario: New Years 2019
BTC Price: 3800

'Prime' Alts

ETH   .043   165
XRP    3k     .10
LTC    .008   30
BCH    .08    304
XMR   .015    57

I would consider these numbers as reflecting prices that held up pretty well.

Topics:

-Will any alts diverge significantly before the crash is over? A new bull run in 202x will see big winners that outperform, can any existing alts outperform (less relative loss counts) in a crash?

-Are these numbers reasonable? Is there any chance that a crash doesn't hurt alts more than BTC? They are all up way more this run in % terms, so simple thought is that they have much further to fall.

[El duderino_]

Breaking 24777$ prediction game      FINAL LIST        

27/12/2017 bikerleszno
29/12/2018 cAPSLOCK  
30/12/2017 digithusiast
31/12/2017 Raja_MBZ
01/01/2018 elg
02/01/2018 wachtwoord
03/01/2018 JimboToronto
04/01/2018 d_eddie  
05/01/2018 BTCMILLIONAIRE
06/01/2018 HanvanBitcoin
07/01/2018 ghandi
08/01/2018 savetherainforrest
09/01/2018 explorer
10/01/2018 bicoinpsycho
11/01/2018 Bitcoinaire
12/01/2018 speedwheel
13/01/2018 undeadbitcoiner
14/01/2018 northypoale
15/01/2018 ivomm
16/01/2018 maca068
17/01/2018 bitcoinvest
18/01/2018 last of the v8s
19/01/2018 mfort312
20/01/2018 1982dre
21/01/2018 flamast2
22/01/2018 RealMachasm
23/01/2018 willope
24/01/2018 kartala
25/01/2018 orpington
26/01/2018 rolling
27/01/2018 LFC_bitcoin
28/01/2018 jojo69
29/01/2018 CristiTCM
30/01/2018 rayX12
31/01/2018 realsteelboy
01/02/2018 twocorn
02/02/2018 mancroofer
03/02/2018 True Myth
04/02/2018 poolminor
05/02/2018 itod
06/02/2018 scheptan
07/02/2018 vapourminer
08/02/2018 alexeft
09/02/2018 siera
10/02/2018 AlcoHoDL
11/02/2018 Dunkelheit667
12/02/2018 yonton
13/02/2018 Wekkel
14/02/2018 Thekool1s
15/02/2018 starmman
16/02/2018 Globb0
17/02/2018 leveldkrypto
18/02/2018 olesh
19/02/2018 BitCoinBurger
20/02/2018 Paashaas
21/02/2018 flynn
22/02/2018 icygreen
23/02/2018 erisdiscordia
24/02/2018 phil_s
25/02/2018 sirazimuth
26/02/2018 Arriemoller
27/02/2018 yonton
28/02/2018 Muttley
01/03/2018 bones261
02/03/2018 heater
03/03/2018 soullyG
04/03/2018 InvoKing
05/03/2018 Notme
06/03/2018 sa_94
07/03/2018 NUFCrichard
08/03/2018 Imbatman
09/03/2018 Roombot
10/03/2018 STT
11/03/2018 badream
13/03/2018 erre
14/03/2018 julian071
15/03/2018 podyx  
17/03/2018 fragout
18/03/2018 fabiorem
21/03/2018 dakustaking76
23/03/2018 nikauforest
31/03/2018 vroom
01/04/2018 somac.
02/04/2018 kurious
04/04/2018 fluidjax
05/04/2018 bitcoinbunny
08/04/2018 tyler1890
10/04/2018 ludwigvon
11/04/2018 hairymaclairy
16/04/2018 practicaldreamer
18/04/2018 free-bit.co.in
27/04/2018 drbrockoin
01/05/2018 sprinkles
02/06/2018 oblox
07/07/2018 IntroVert
03/08/2018 toxic2040
28/08/2018 bitserve
15/10/2018 Yefi
05/11/2018 mikenz
31/12/2018 melman2002
01/01/2019 Spaceman_Spiff_Original
12/02/2019 FractalUniverse
21/04/2019 gentlemand
20/02/2020 romneymoney
18/12/2021 luckygenough56

UPDATE     AND GOOD LUCK

can't wait to visit all the new hights ..... i'm just not a very patient person only on BTC i remain to stay patient ....... the rewards are so big for just beeing patient

[Searing]

Oh, come on! Cardano? What the hell is that shit?

Just look at that beautiful, textbook perfect pump and dump chart.

https://coinmarketcap.com/currencies/cardano/#charts

Did you fall for it? 

Perfect indeed. Reminds me a lot to IOTA: https://coinmarketcap.com/currencies/iota/

A friend of mine fall on the IOTA shit. He didn't listen. He is still bagholding.

I reckon most bitcoiners baghold a pet shitcoin or 2 for shitz n giggles.
Though most probably won't admit to it in this thread.
(well I won't anyway... and besides it's OT, though that hasn't really been an issue lately.)

well the 1 btc at 475 july 2016 i think it was worked out well for Lisk...6500 of them

and moved LTC mining to BTC like 99.999% of everyone from back in the day.the case could be made should never have

moved any LTC to BTC at all...would be way way ahead now paper profit wise

it all depends on the direction you slipped into this ...me from mining since 2013 how it has played out

but mining may be back to hobby mode (couple units for fun) by the end of this year

spending crypto for dubious asic miners makes no sense anymore

so my Sh*tcoins have been berry, berry good to me!

(also the BTC hoard is in tact since 2015 also ..thou shall not be touched!...my beanie babies someday...so be it!)

mine, mine, mine

[smartcomet]

https://www.bloomberg.com/news/articles/2018-03-16/fewer-americans-hold-cryptocurrencies-than-you-probably-think

Great stuff from Bloomberg there.
What do you reckon the real figure for ownership is? 0.5%?

The study found that the majority of crypto buyers are Millennials, with more than 17 percent claiming to have holdings, as compared with 8.75 percent of Gen Xers and 2.24 percent of Baby Boomers. Of those who took the plunge, most invested in Bitcoin or Ether coins.

look like  many are young buyers. 20 years older, 2 times less percent of buyers.

[gentlemand]

I got in trouble for this - calling Meltem Demirors the tea-girl of the Digital Currency Group.

How can I have over-estimated her so?

She is the floor-scrubber for that pit of scammers.

I could never summon a crumb of respect for a person with a name that stupid, let alone via their actions.

It sounds like a failed Indonesian supercar project.

[cAPSLOCK]

This is one of my favorite altcoin fails. From $27K to $27M and all the way back down.

Awesome - that was off my radar - can see a few others going that way too

If by a few you mean nearly all...  I agree

[HairyMaclairy]

WO- the only place where a correction becomes a P&D, except of course btc

There are 1564 coins on CMC.  About 1560 of them are total jokes.  

[El duderino_]

Nice one

Bitcoin: a digital currency with known & limited supply, an open global network, and not controlled by politicians.

US Dollar: a digital currency with unknown & unlimited supply, a highly restricted territory-based network, and controlled by politicians. Which will win, longterm?

[tonyq]

In other news.....Ethereum is being smashed downwards mercilessly today.

Actually Ethereum is one of the more stable Altcoins at the moment.

Only down by 2% in relation to BTC.

20% fall in the last  5 days.

[Last of the V8s]

[sirazimuth]

WO- the only place where a correction becomes a P&D, except of course btc

There are 1564 coins on CMC.  About 1560 of them are total jokes.  

....and made about 1560 scammers rich, laughing all the way to the bank...

[bluebits]

Lets get some bounce ideas:


'Standard View'

Last level of strong support from the past remaining is around 5500. Look for a reversal in this area.

Other Possibilities

Major liquidity withdrawal event occurs (Tether, big exchange closing, country closing)

-> Big event could push it down to cycle lows of 3k, if not for a while then certainly in a mega hammer candle

-> What else?

[Agapios]

Nice one

Bitcoin: a digital currency with known & limited supply, an open global network, and not controlled by politicians.

US Dollar: a digital currency with unknown & unlimited supply, a highly restricted territory-based network, and controlled by politicians. Which will win, longterm?

I invested in bitcoin long time ago because I am counting this new technology will go up. I dont believe into bull s h i t crap like "not controled by politicians and banks and all that crap"
-bitcoin is controled by many people
-the downside is also its unsafe, somecan point gun to your head to force you transfer and its bye bye, you can be f uc ed k 10 times more compared if someone try to steal you some other stuff, its very unsafe, i fell 10 times more confortable with money in bank

but i like bitcoin, but i dont pretend some stuff like many of you here do while using words like "oh those banks, oh those politicans"
bitcoin can be, was and will be also manipulated like hell with pump and dump...you dont mention that? and i didnt even touch manipulation that roger and company can do, or some other new big companies
but i still like bitcoin

also you talking banks are bad, in order for you guys and me reached high figures with bitcoins, many many people also lost money....this is not "we win all", you have what you have because lots of money got broke while trying all sort of stuff with bitcoin

i cant believe how blinded are some people
i still love bitcoin, but i am realistic

[BitcoinBunny]

[Anon136]

Not only that but now that we have a real scaling solution we can carefully increase the block size. Double the block size and you double that 1 million to 2 million.

[bluebits]

BTC as a payment method has almost never existed. It filled a niche for mid size grey market payments, that is about it. The idea of using it to buy coffee or houses was pushed by the incompetent/collusive.

For trading BTC and other coins don't even need to exist, the could just be abstract accounting ledger entries on centralized exchanges and the system as a whole would be much better. No wasted energy, contentious forks, etc.. The collective force projection of government is the only thing that can possibly have enough power to be trusted.

[HairyMaclairy]

Oh, come on! Cardano? What the hell is that shit?

Just look at that beautiful, textbook perfect pump and dump chart.

https://coinmarketcap.com/currencies/cardano/#charts

Did you fall for it?  

Perfect indeed. Reminds me a lot to IOTA: https://coinmarketcap.com/currencies/iota/

A friend of mine fall on the IOTA shit. He didn't listen. He is still bagholding.

I reckon most bitcoiners baghold a pet shitcoin or 2 for shitz n giggles.
Though most probably won't admit to it in this thread.
(well I won't anyway... and besides it's OT, though that hasn't really been an issue lately.)

I regard it as my patriotic duty to sell bcash lol into the pump over the next few days.  The best way to fight these fraud monkeys is to make fraud more expensive.

[El duderino_]

Nice one

Bitcoin: a digital currency with known & limited supply, an open global network, and not controlled by politicians.

US Dollar: a digital currency with unknown & unlimited supply, a highly restricted territory-based network, and controlled by politicians. Which will win, longterm?

I invested in bitcoin long time ago because I am counting this new technology will go up. I dont believe into bull s h i t crap like "not controled by politicians and banks and all that crap"
-bitcoin is controled by many people
-the downside is also its unsafe, somecan point gun to your head to force you transfer and its bye bye, you can be f uc ed k 10 times more compared if someone try to steal you some other stuff, its very unsafe, i fell 10 times more confortable with money in bank

but i like bitcoin, but i dont pretend some stuff like many of you here do while using words like "oh those banks, oh those politicans"
bitcoin can be, was and will be also manipulated like hell with pump and dump...you dont mention that? and i didnt even touch manipulation that roger and company can do, or some other new big companies
but i still like bitcoin

also you talking banks are bad, in order for you guys and me reached high figures with bitcoins, many many people also lost money....this is not "we win all", you have what you have because lots of money got broke while trying all sort of stuff with bitcoin

i cant believe how blinded are some people
i still love bitcoin, but i am realistic

You allready lost me with the very IDIOT gun to the head Words....... you can make iT as safe or unsafe as you wish.....  

[Anon136]

BTC as a payment method has almost never existed. It filled a niche for mid size grey market payments, that is about it. The idea of using it to buy coffee or houses was pushed by the incompetent/collusive.

For trading BTC and other coins don't even need to exist, the could just be abstract accounting ledger entries on centralized exchanges and the system as a whole would be much better. No wasted energy, contentious forks, etc.. The collective force projection of government is the only thing that can possibly have enough power to be trusted.