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

[SidETH]

I have an idea.
Quickly post some of those graphs showing an incomming bottom at $2k.
Then it will surely rise higher.
Thanks!

[vroom]

I have an idea.
Quickly post some of those graphs showing an incomming bottom at $2k.
Then it will surely rise higher.
Thanks!

you do not depend on others to achieve a change in trend. just go short and bitcoin will moon immediately

[ghandi]

Come on Bitcoin, go down to 2k! Give me cheap prices again!

[rjclarke2000]

Is that gox whale going to dump at 4pm GMT once again? What a wanker

[Last of the V8s]

Is that gox whale going to dump at 4pm GMT once again? What a wanker

Certainly some whale-wankers will be dumping this week. Their performance isn't over.

coindesk, whalepool, twitter all coming up with gloomy TA / fud

[Icygreen]

https://bircoin.top

Nice graph, so it appears we're still on the runway and 2019 is lift off.

[conspirosphere.tk]

This pitchfork is still holding.

[somac.]

also, masterluc says...blah blah

Why do people still listen to those who made crazy predictions in the past and were all wrong?
None of them predicted the pull back from 20K to 7-8K did they?

Masterluc, Cliff High, Tone Vays, McAfee.

 

They believe in "long-term", not in short-term like you.

My long term prediction I made August 2017 simply based on doubling each year:
2018 2000
2019 4000
2020 8000
2021 16000
2022 32000
2023 64000
2024 128000
2025 256000

I have nothing against Masterluc, Cliff High, Tone Vays, McAfee saying it will moon sometime in several years 5-10 or whatever (most of us here do otherwise we wouldn't invest our money and time) but a lot of their technical babble in the mean time has been proven wrong hence my comment.

I merited your earlier post, mostly because I appreciate an anti-sorcerer comment now and then, because sometimes it seems that guys are getting into too much sorcerer reliance.. and sometimes, want to be viewed as sorcerers, too.

Doubling every year is not a bad idea or framework, and if you are starting with $1,000 for 2017, $500 for 2016, and $250 for 2015 - even if you are  largely correct, you seem to be selectively and purposefully low-balling, especially when we have seen $20k for 2017... so you either seem to be purposefully skewing down your expectations or you are engaged in a state of unrealism.   

We are also NOT going to get linear BTC performance.. so even an average of 2x every years seems to just be a kind of stab in the dark that is not really based on anything except for a kind of dream about how the world should be rather than how it is, especially with a considerable likelihood that bitcoin is in a exponential curve which will not likely be held back by 2x (or linear) expectations. 

I believe masterluc predicted 20k down to around 9k before we were at 9k. I’d say that’s not a bad guess.

He did. In fact back in March (or near then anyway) of last year he produced a chart with the prediction that the price would go to 15k by the end of the year and then drop down to 7k.

So pretty fucking good in my books

[samson]

Is that gox whale going to dump at 4pm GMT once again? What a wanker

That Gox whale did all his trades OTC and off exchange.

[Rosewater Foundation]

Is that gox whale going to dump at 4pm GMT once again? What a wanker

That Gox whale did all his trades OTC and off exchange.

From what I understand he will need the court to authorize any more sales. something something September

Off-topic. I just discovered I can live like a king in New York. I should fly south before you wall me off

[Last of the V8s]

https://thefinanser.com/2018/03/lies-spread-bankers-cryptocurrencies.html/

“It’s very hard to get dirty money through a banking system. Cryptocurrency is phenomenal for all that stuff . . . Every crook and every dirty politician in the world, I bet, is in cryptocurrency.”

This is complete baloney and is a smokescreen being created by financial people to deflect the real purpose of cryptocurrencies, which is to use software and servers to manage value rather than buildings and humans. In other words, cryptocurrencies have the opportunity to reduce or even replace banks, which is why I find it interesting how often I hear a financial person say that bitcoin and cryptocurrencies are just for criminals when it’s blatantly not true. Unfortunately because they are in a position of authority, politicians believe them; and unfortunately, because they are also in a position of authority, the media believes them; and unfortunately, because they are in a position of authority, the public sometimes believes them too.

Most law enforcement authorities however, state that the levels of criminal activity with cryptocurrencies is so tiny today that it doesn’t matter and, specifically, does not warrant deflecting their time and energy to investigate them. Just to illustrate this, the total worldwide investment in all cryptocurrencies is around $300 billion today. Even if criminals were running 10% of that, it’s still just $30 billion. That is an insignificant amount compared to the trillions being laundered through the traditional financial system, mainly through offshore companies buying up properties.

Good rebuttal to the visa dude's dishonesty, and some good links in the article re banks' fraud and 'money-laundering'.

[Last of the V8s]

Is that gox whale going to dump at 4pm GMT once again? What a wanker

That Gox whale did all his trades OTC and off exchange.

From what I understand he will need the court to authorize any more sales. something something September

Off-topic. I just discovered I can live like a king in New York. I should fly south before you wall me off

We wouldn't know what the court decides in the meantime, just as we didn't know what was going on till after the event last time.

racist Craiglist banning my seeming-Romanian ip address. Anything fun?

~
meanwhile more short squeeze action

[Rosewater Foundation]

Is that gox whale going to dump at 4pm GMT once again? What a wanker

That Gox whale did all his trades OTC and off exchange.

From what I understand he will need the court to authorize any more sales. something something September

Off-topic. I just discovered I can live like a king in New York. I should fly south before you wall me off

We wouldn't know what the court decides in the meantime, just as we didn't know what was going on till after the event last time.

racist Craiglist banning my seeming-Romanian ip address. Anything fun?

They call it a 'waterfront efficiency'


Whatever happens the whale-traders will get wind of it and frontrun him anyway

[Last of the V8s]

^pic no worky lol
yeah the whales know ™ⓡ

[xhomerx10]

We're going to build a buy wall and Bitfinex is going to pay for it.  The wall is going to cost $10 billion. That's what it's going to cost. It's going to be a powerful wall. It's going to be $10 billion high and we are going to watch it. It will go up so fast your head will spin. Right? It’s going to happen. Going to happen. They know it. I know it. We all know it.  Just remember that. And you remember I said it…. It's going to be a serious wall. It's going to be a real wall. It's not going to be a wall that they just climb up, and you know, you see what they do, over.

and it will be paid by Mexico

 I heard Putin was going to pay for the wall through a Mexican intermediary.  Isn't that why American hackers meddled in the Russian election to ensure a Putin victory?  Naturally, Putin is saying the cyber-attacks did not impact the outcome of the election and he's blaming Canada for it's lax immigration policies.  Apparently the FSB and the GRU both agree that there was meddling but the GRU does not believe Canada was able to influence the outcome.  Developing...

[Last of the V8s]

We're going to build a buy wall and Bitfinex is going to pay for it.  The wall is going to cost $10 billion. That's what it's going to cost. It's going to be a powerful wall. It's going to be $10 billion high and we are going to watch it. It will go up so fast your head will spin. Right? It’s going to happen. Going to happen. They know it. I know it. We all know it.  Just remember that. And you remember I said it…. It's going to be a serious wall. It's going to be a real wall. It's not going to be a wall that they just climb up, and you know, you see what they do, over.

and it will be paid by Mexico

 I heard Putin was going to pay for the wall through a Mexican intermediary.  Isn't that why American hackers meddled in the Russian election to ensure a Putin victory?  Naturally, Putin is saying the cyber-attacks did not impact the outcome of the election and he's blaming Canada for it's lax immigration policies.  Apparently the FSB and the GRU both agree that there was meddling but the GRU does not believe Canada was able to influence the outcome.  Developing...

It was the Ozzies actually. I mean those guys are goood:

They leave no trace at all...

[Rosewater Foundation]

“The FSB’s initial assessment is that crypto-assets do not pose risks to global financial stability at this time,” FSB Chair Mark Carney said in a letter to G20 central bankers and finance ministers who will meet in Buenos Aires on Monday and Tuesday.

https://uk.reuters.com/article/us-g20-regulations-carney/g20-watchdog-focuses-on-rules-review-holds-fire-on-cryptocurrencies-idUKKBN1GU0SF

[SidETH]

New office addition, helping me remind why we do what we do.

[savetherainforest]

also, masterluc says...blah blah

Why do people still listen to those who made crazy predictions in the past and were all wrong?
None of them predicted the pull back from 20K to 7-8K did they?

Masterluc, Cliff High, Tone Vays, McAfee.

 

They believe in "long-term", not in short-term like you.

My long term prediction I made August 2017 simply based on doubling each year:
2018 2000
2019 4000
2020 8000
2021 16000
2022 32000
2023 64000
2024 128000
2025 256000

I have nothing against Masterluc, Cliff High, Tone Vays, McAfee saying it will moon sometime in several years 5-10 or whatever (most of us here do otherwise we wouldn't invest our money and time) but a lot of their technical babble in the mean time has been proven wrong hence my comment.

Doubling every year is not sustainable. And you are not taking into account the alts.

In my perspective. Bitcoin is a security and 'an above gold/silver/metal store of value'.

You just need to do the math that probably just 1% of humanity owns some bitcoin or centi-bitcoins or any smaller subdivision of bitcoin. But bitcoin will not be used for day to day transactions to buy coffee or order pizza, because altcoins will handle that. But in the perspective of the security of the network, bitcoin is the most solid. It just has better infrastructure & PR for people to believe in it as cult members do.

But I'm looking forward for some of those coffee coins and pizza coins, so I can buy some!

[Last of the V8s]

Фeдepáльнaя cлýжбa бeзoпácнocти Poccи́йcкoй Фeдepáции = Financial Stability Board  

'splains a lot.