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

[BlackSpidy]

Hmm, I must not be seeing what you're seeing, JJG.

Something important that you said is that one can refer to previous periods as general frames of how the market will behave in the immediate future, and I think a lot of people misunderstand that. I'm glad to see you explaining that in such a great way. The price discovery near $13,000 is not sufficiently done, and I think that it will take more than a year to reach back over the heights of last year.

I can't think of anything fun ether. I was hoping to come up with some fun "I told you so", but... yeah. I guess we just wait and see.

[bluebits]

[gentlemand]

Are we going to get another Bitcointalk whale screwing with the post count to hold back the 20,000th page as we did for the 10,000th? I wonder who that was and what their aim was.

[HI-TEC99]

Are we going to get another Bitcointalk whale screwing with the post count to hold back the 20,000th page as we did for the 10,000th? I wonder who that was and what their aim was.

Yes


This poster proclaiming he's posted on the 10000th is now on page 9805. History will repeat itself.

In on 10.000!

[afbitcoins]

Hmm, I must not be seeing what you're seeing, JJG.

Something important that you said is that one can refer to previous periods as general frames of how the market will behave in the immediate future, and I think a lot of people misunderstand that. I'm glad to see you explaining that in such a great way. The price discovery near $13,000 is not sufficiently done, and I think that it will take more than a year to reach back over the heights of last year.

I can't think of anything fun ether. I was hoping to come up with some fun "I told you so", but... yeah. I guess we just wait and see.

I think you are looking at different timescales yourself and JJG. On longer timescales bitcoin is still bullish as fuck, it came from literally zero a few years back and now thousands of dollars. On shorter timescales bitcoin is quite bearish though. Your post did come across a bit like FUD but your point is very valid that we are in a bearish wave.  I think the argument is really about the trend, is the trend now bearish or is it still bullish (despite a huge motherfuckn correction). I posted a chart a few days back with both bullish and bearish channels, bullish on longer timescale , bearish on shorter timescale. Only time will tell which trend wins). My own view is that I think bitcoin has fallen too far for a quick return to euphoria. It pains me to say that because I am an original perma bull. I will probly HODL. In long term timescale, bitcoin is still bullish as fuck.

[gentlemand]

Are we going to get another Bitcointalk whale screwing with the post count to hold back the 20,000th page as we did for the 10,000th? I wonder who that was and what their aim was.

Yes


This poster proclaiming he's posted on the 10000th is now on page 9805. History will repeat itself.

In on 10.000!

Holy Moly. Someone's autism started twitching big time.

[JayJuanGee]

Hmm, I must not be seeing what you're seeing, JJG.

Something important that you said is that one can refer to previous periods as general frames of how the market will behave in the immediate future, and I think a lot of people misunderstand that. I'm glad to see you explaining that in such a great way. The price discovery near $13,000 is not sufficiently done, and I think that it will take more than a year to reach back over the heights of last year.

I can't think of anything fun ether. I was hoping to come up with some fun "I told you so", but... yeah. I guess we just wait and see.

Sometimes, a friendly bet can be made for fun, and such bet could be used as a hedge against other market positions that are taken.  I would not mind some small bet but sometimes it can be difficult to frame such a bet in a way that each side is willing to take the opposite position. 

You actually asserted a fairly high level of confidence that BTC prices would stay within a range, such as between $5k and $20k for the next year (or it's going to take more than a year to sort out), but you seemed to also give decent odds that BTC prices would stay within even a more narrow range for the next year, so in that regards, you are asserting that the price would not come close to the outside of those outside price points of $5k and $20k. 

There could be room for a bet there if you are willing to narrow your prediction range, but such bet, if we did it, would be merely based on my thinking: 1) the odds of going outside your range are greater than you think and 2) you are premature in your calling such a lengthy consolidation period for the BTC price.   THIS IS BITCOIN, by the way... hahahahahaha...

 If you are willing to state a more narrow range for the BTC price for the next 12 months, I might be willing to make a gentlemen's bet with you regarding your prediction.. that is maybe the closest to a level of conviction game that I could consider at the moment... and especially if we are both coming off as a bit wimpy in what we are willing to call.  The best bets come from folks who take stronger positions, but if you are willing to take what I consider to be a strong position regarding a relatively narrow consolidation period within the next 12 months, I might be wiling to oppose you with mula.

[Rosewater Foundation]

Are we going to get another Bitcointalk whale screwing with the post count to hold back the 20,000th page as we did for the 10,000th? I wonder who that was and what their aim was.

Ever try to mass dump your own posts? It takes an eternity if it isn't your thread. Adam was behind the biggest shakeouts

[gentlemand]

Ever try to mass dump your own posts? It takes an eternity if it isn't your thread. Adam was behind the biggest shakeouts

No. I've only removed the posts that contained pics of my toilet area because I can make good money out of them these days.

I well and truly don't get why anyone would bother doing that. Each to their own.

[Rosewater Foundation]

Ever try to mass dump your own posts? It takes an eternity if it isn't your thread. Adam was behind the biggest shakeouts

No. I've only removed the posts that contained pics of my toilet area because I can make good money out of them these days.

I well and truly don't get why anyone would bother doing that. Each to their own.

There was a collective madness. I don't remember why it happened.

I have saved every picture you have ever posted of your toilet area. I will bring them out if you ever get out of line again.

[gentlemand]

I have saved every picture you have ever posted of your toilet area. I will bring them out if you ever get out of line again.

Then you will find yourself answering to the Dreamworks legal team. It's out of my hands.

[InvoKing]

Wall Observer BTC/USD - Bitcoin price movement tracking & discussion topic right now If you know what I mean



It is a RACE
Btw i am making a high (cough) quality (coigh) gif right now

[Toxic2040]

Hello all. Hope you are enjoying this first day of spring. Mine is busy with numerous chores(good ones..but still chores) so I have to keep this short.

As we close the day, volume has increased over the last few hours to take us into what I would call moderate trading levels...a good sign. Bitcoins price has climbed to the 9k range but imho do not think we are staying here long. If we move above 9.3k its a sure sign of a bullish break out with potentially even greater heights. I also feel there is growing support in the 8-8.5k range as many are starting to think we have already touched the yearly low. Again in my opinion..get your coins while they are cheap.
As always #dyor and #btfd.
 

[cAPSLOCK]

You party poop pessimist, explorer poorer.  

In my time perusing this thread I seem to have noticed you have a tendency to assume status (poorer), or try to guess how many bitcoins a particular person holds.  Usually commenting that it probably shouldn't matter.  But still you do.

Do you ever consider you could be off in some of your guesses?

[Rosewater Foundation]

I have saved every picture you have ever posted of your toilet area. I will bring them out if you ever get out of line again.

Then you will find yourself answering to the Dreamworks legal team. It's out of my hands.

I purchased the rights to your area pictures back in the heady days of three months ago, back when 9 corns could buy you a lambo. I also seem to have acquired a Wu-Tang album. Whatever that is.

[gentlemand]

I purchased the rights to your area pictures back in the heady days of three months ago, back when 9 corns could buy you a lambo. I also seem to have acquired a Wu-Tang album. Whatever that is.

Oh, fuck me.

Hang on to your intellectual property, kids. And the likeness of one's phallus and scrotum. You'll never get my knockers though.

[explorer]

Are we going to get another Bitcointalk whale screwing with the post count to hold back the 20,000th page as we did for the 10,000th? I wonder who that was and what their aim was.

Ever try to mass dump your own posts? It takes an eternity if it isn't your thread. Adam was behind the biggest shakeouts

Goat made some script or something to clear his many thousands of posts when he made his exit from BTCT.org

Otherwise, enjoy your day(s) deleting individual posts 

[HI-TEC99]

Are we going to get another Bitcointalk whale screwing with the post count to hold back the 20,000th page as we did for the 10,000th? I wonder who that was and what their aim was.

Ever try to mass dump your own posts? It takes an eternity if it isn't your thread. Adam was behind the biggest shakeouts

Goat made some script or something to clear his many thousands of posts when he made his exit from BTCT.org

Otherwise, enjoy your day(s) deleting individual posts 

Is there a time delay for deleting posts? When you're a newbie you get a warning that your last post was made less than six minutes ago, and you'll have to wait another six minutes before you can make another.

[yefi]

I did notice this article in the Telegraph..

https://cointelegraph.com/news/new-survey-shows-around-26-mln-americans-own-and-8-percent-plan-to-buy-cryptocurrencies

This is great news. Only 8% currently own cryptos, and another 8% plan to. IOW, the number planning to get in will double the ranks of crypto owners. BullishAF.

Assuming that's correct, we'll be in for another mega-rally. Not entirely convinced about some of their numbers though. Adding up the amounts invested works out at around $70 billion, for example:

Coin___________	Pop. %	Avg. Invested (USD)	Total Invested (USD)*
Bitcoin	5.15%	3,453.89	57,631,610,000
Ethereum	1.80%	1,243.42	7,251,625,000
Bitcoin Cash	0.90%	636.22	1,855,218,000
Ripple	0.85%	299.06	823,611,300
Cardano	0.45%	84.22	122,792,760
Stellar Lumens	0.40%	151.38	196,188,500
Other	0.75%	388.33	943,641,900
			68,824,685,880

*based on 324 million Americans.

[Majormax]

Hmm, I must not be seeing what you're seeing, JJG.

Something important that you said is that one can refer to previous periods as general frames of how the market will behave in the immediate future, and I think a lot of people misunderstand that. I'm glad to see you explaining that in such a great way. The price discovery near $13,000 is not sufficiently done, and I think that it will take more than a year to reach back over the heights of last year.

I can't think of anything fun ether. I was hoping to come up with some fun "I told you so", but... yeah. I guess we just wait and see.

I think you are looking at different timescales yourself and JJG. On longer timescales bitcoin is still bullish as fuck, it came from literally zero a few years back and now thousands of dollars. On shorter timescales bitcoin is quite bearish though. Your post did come across a bit like FUD but your point is very valid that we are in a bearish wave.  I think the argument is really about the trend, is the trend now bearish or is it still bullish (despite a huge motherfuckn correction). I posted a chart a few days back with both bullish and bearish channels, bullish on longer timescale , bearish on shorter timescale. Only time will tell which trend wins). My own view is that I think bitcoin has fallen too far for a quick return to euphoria. It pains me to say that because I am an original perma bull. I will probly HODL. In long term timescale, bitcoin is still bullish as fuck.

Thats about right.

Bear trends can last along time, the 4 major ones were between 5 months and 3 years, with a mean of around 2 years. That is why I think we have some way to go in this one, added to the fact that the majority believe the recovery is imminent, which is a good contrarian indicator. I don't claim to know precisely, but just present the various cases on their merits.

You can always make an argument either way when looking at any charts or price trends, but this thread is helpful because it takes a large snapshot of sentiment.