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

[Last of the V8s]

hey anonxxx why did you delete that? you are allowed to post that here. it's interesting to all and it's not exactly shilling.

[1715185034]

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[1715185034]

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[pfrtlpfmpf]

Are these the actuall Bitcoin prices in the pictures ? i find them rather cheap. Until now i had only numbers in my wallet, but now i have corresponding pictures. thanks.
What´s the catch. The upkeep ?

Time travel if you can swing it.

Honestly have no idea what you are saying. But one thing is for sure: i don´t need no fucking Lambo, thousand other things, but no Lambo.  

Your username is like cotton in my ears

Is that good, or bad ? 

On the one hand it is good, and on the other hand it is bad.

Guys, you have to take me, as i come. It´s such a wonderfull journey here.

[BlackSpidy]

On the one hand it is good, and on the other hand it is bad.

I've been hanging around reddit too much, all I can read from that image is "On the But on one hand, the other I need to lose hand Weight Donut."

Jesus, I haven't been here in ages. I changed my harddrive and next thing I know, I lost access to my hotmail account (good riddance, honestly), my FanFiction.net account  ( ) and this account. But I'M BACK. And I'm happy to see familiar faces. Now that I'm taking a look at my account, I wanna humble-brag about this one comment I made (https://bitcointalk.org/index.php?topic=178336.msg10495527#msg10495527). "From the mouth of babes comes truth", I believe the saying goes? God, I wish I would have sincerely believed my own words. But there's no point in crying over lost opportunity. One must use it as a learning experience, to not miss out on future ones.

[pfrtlpfmpf]

Are these the actuall Bitcoin prices in the pictures ? i find them rather cheap. Until now i had only numbers in my wallet, but now i have corresponding pictures. thanks.
What´s the catch. The upkeep ?

Time travel if you can swing it.

Honestly have no idea what you are saying. But one thing is for sure: i don´t need no fucking Lambo, thousand other things, but no Lambo.  

Your username is like cotton in my ears

Perfrumple Fumplmumf

I thought of that, but it was to long . . .

[jojo69]

...

https://bitcointalk.org/index.php?action=merit;u=1385913

Haven't you got a lot of merits for a newish guy? Oh look, they're all from one 'other' guy.
Bounder.

lol

busteddd

and yeah, the E type is the sex

[HairyMaclairy]

If you can learn to love yourself, you can learn to merit yourself.

[jojo69]

Ironic that everyone here wants a Lambo yet has utter contempt for Roger Ver and CSW:
The only two narcissistic shitheads in the crypto space that actually drive those tool wagons.    

LOL. Do they ? TIL !

I think Goat drives one too, speaking of tool wagons.

he sold that first yellow one

[infofront]

If you can learn to love yourself, you can learn to merit yourself.

Tune in next week for another informative installment of WO's Self-Help Monday, Hosted by Hairy Maclairy.

[Biodom]

TL;DR if something (btc ups and downs) occurs 15 times faster than Nasdaq, than it is not the same type of phenomena.

People already posted the idea propagated by MSM that btc is like Nasdaq in 2000, but 15 times faster.
https://www.cnbc.com/2018/03/19/bitcoin-is-unfolding-like-the-dotcom-crash--just-15-times-faster.html

The Nasdaq in 2000 and modern-day bitcoin both rallied 250 to 280 percent in their most "exuberant" periods ahead of bear markets, Morgan Stanley said in a note to clients.

"Just that the bitcoin rally was around 15 times the speed," Sheena Shah, strategist at Morgan Stanley said.

But here is a somewhat scary thought: if it is 15 times faster, than it is not the same.
15X passenger airplane speed is close to the rocket speed to reach the Earth's orbit.

To me, it is possible to think about this (superfast change) as winds on the approach to Singularity, whatever form it might take.

[BlackSpidy]

TL;DR if something (btc ups and downs) occurs 15 times faster than Nasdaq, than it in not the same type of phenomena.

People already posted the idea propagated by MSM that btc is like Nasdaq in 2000, but 15 times faster.
https://www.cnbc.com/2018/03/19/bitcoin-is-unfolding-like-the-dotcom-crash--just-15-times-faster.html

The Nasdaq in 2000 and modern-day bitcoin both rallied 250 to 280 percent in their most "exuberant" periods ahead of bear markets, Morgan Stanley said in a note to clients.

"Just that the bitcoin rally was around 15 times the speed," Sheena Shah, strategist at Morgan Stanley said.

But here is a somewhat scary thought: if it is 15 times faster, than it is not the same.
15X passenger airplane speed is close to the rocket speed to reach the Earth orbit.

To me, it is possible to think about this (superfast change) as winds on the approach to Singularity, whatever form it might take.

Could it be that a more unstable, newer market could give off an illusion of a "faster" market? I'm no econologist, but if I had the know-how, I'd probably try to look at tech startups and try to see if I could find something similar. See if bitcoin is truly a faster market rather than a noisier market, you know? Interesting topic... that I'm just completely unqualified to contribute to, heheheh.

[bluebits]

Reasons this cannot be a 2013 style double bubble:

A new run would require an infusion of fresh speculative money. The infrastructure cannot scale up quick enough for this to happen. Coinbase was the #1 app, how is it supposed to go up from there? It used to be wiring money to a shady loser card game exchange, now anyone with a bank account can move money in. Until you can buy it right on the Nasdaq or something it can't get any easier. When 30,000 people know about BTC you can go to 30 million. You can't go from 30 million to 30 billion, even 30% of the population having heard of it to 50% is an enormous step that is almost impossible.

Without fresh money to pay off old holders the price cannot continue to rise. Without the promise of new ATH there is no reason to buy.

No double bubble means the limit here was 11.7, and with that fallen it has probably moved down to 9.7. Tick Tock, when BTC looks down and isn't standing on the ground it has to go someplace solid, $5,500, then when it is getting up and looking around it sees it still didn't fall all the way.

:Wile-e-Coyote:

[jojo69]

bla bla bla

isn't there a 401-Ktalk forum somewhere you could go hang out on?

[Elwar]

Reasons this cannot be a 2013 style double bubble:

A new run would require an infusion of fresh speculative money. The infrastructure cannot scale up quick enough for this to happen. Coinbase was the #1 app, how is it supposed to go up from there? It used to be wiring money to a shady loser card game exchange, now anyone with a bank account can move money in. Until you can buy it right on the Nasdaq or something it can't get any easier. When 30,000 people know about BTC you can go to 30 million. You can't go from 30 million to 30 billion, even 30% of the population having heard of it to 50% is an enormous step that is almost impossible.

Without fresh money to pay off old holders the price cannot continue to rise. Without the promise of new ATH there is no reason to buy.

No double bubble means the limit here was 11.7, and with that fallen it has probably moved down to 9.7. Tick Tock, when BTC looks down and isn't standing on the ground it has to go someplace solid, $5,500, then when it is getting up and looking around it sees it still didn't fall all the way.

:Wile-e-Coyote:

Welcome to Bitcoin!

Have you read the white paper?

Here you go
https://bitcoin.org/bitcoin.pdf

It's a great place to start in your quest to understand Bitcoin.

[xhomerx10]

BTC mining banned in NY town!

https://www.bloombergquint.com/business/2018/03/16/bitcoin-mining-banned-for-first-time-in-upstate-new-york-town

Fine, you backwater, slack-jawed yokels. Just sit there pompously in your poverty with your unsold electricity. Nobody cares about your town, and it will probably be bulldozed down in a few years to make way for landfill.

 Awwww New York with their bit licence and now this! Plattsburg is already a shithole_country though maybe not quite as bad as Schenectady and I usually stop there for a bite to eat or to use the facilities when taking the ferry over lake Champlain but now that I see they are hostile to Bitcoin miners, I am going to hodl it until I get into Vermont.  In fact, I might only use their roads to get through New York and not stop at all!  Bastards.

Mining wasn't banned in Plattsburgh.  They will not allow new mining operations to use the subsidized local utility.  Maybe try getting a slight understanding of a topic before freaking out.

 Did you not see the double entendre  - hodl it?  My post was intended as humour and I can't believe you got merit for berating me over it.  As an aside, I love Stewart's Shops!  I hope that communistic city council doesn't ban place a moratorium on new flavours of ice cream or place statutory limits on the number of scoops per cone.  Bastards!

[Biodom]

Without fresh money to pay off old holders the price cannot continue to rise.

That would have been a pyramid scheme, which bitcoin is absolutely not.

Bitcoin roughly follows Metcalf's law:
"The value of a .... network is proportional to the square of the number of connected users of the system (n2)."

Therefore, to increase in value 1000fold, you only need to increase the number of users about 31.6 fold.
I doubt that there are 30 mil active bitcoin users, but even if there are, 900mil out of 7bil is a possibility (eventually).
I think that someone projected $2-5mil btc with about 400mil active users.

[pfrtlpfmpf]

Are these the actuall Bitcoin prices in the pictures ? i find them rather cheap. Until now i had only numbers in my wallet, but now i have corresponding pictures. thanks.
What´s the catch. The upkeep ?

Time travel if you can swing it.

Honestly have no idea what you are saying. But one thing is for sure: i don´t need no fucking Lambo, thousand other things, but no Lambo.  

Your username is like cotton in my ears

What i value you for, is: you allways stay polite, thanks ! No Joke, i´m serious.

[bluebits]

I'm only looking at things from a trading perspective. If people think a double top is within reach I would love to know why, if it happens I will be rekt.

[Last of the V8s]

I'm only looking at things from a trading perspective. If people think a double top is within reach I would love to know why, if it happens I will be rekt.

Liar. You attack the fundamentals too. Look at your posts.

[bluebits]

There is a limit on how far you can disconnect fundamentals from trading. If someone can make a case for the price rising with inflows slowing down what is it? Once I make it to Jr member I promise to only post in a more enjoyable image-based meme form.

[BlackSpidy]

:Wile-e-Coyote:

Oh! I remember this! You mean like this?

Good morning, gentlemen.  Still at it I see?

That sure looks silly now that we're at $8500, huh?