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

[Toxic2040]

[Rosewater Foundation]

I think this 20K break is just psychological and is fake. It will fizzle out and then drop sharply back below 20k to begin a WO bear market.

I'm noticing a sort of bearish downtrend.

I expect sideways for a couple of days and then resume of the trend. The support at 20K is very solid. Any retrace below and it will be posted immediately.

Infofront could dump us down thousands of posts in minutes. I don't trust this page market.

[Typex]

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.

Thats complete nonsense.  Not a chance 5% of americans have Bitcoin, let alone each one of them putting $3500 into it.

[bones261]

Do people who try to short the WO page count also get REKT?

[TERA2]

Pages are artificially scarce. Even if the users run out of posts they are willing to dump, a mod could jump and just start deleting posts himself.

[bitserve]

I think this 20K break is just psychological and is fake. It will fizzle out and then drop sharply back below 20k to begin a WO bear market.

I'm noticing a sort of bearish downtrend.

I expect sideways for a couple of days and then resume of the trend. The support at 20K is very solid. Any retrace below and it will be posted immediately.

Infofront could dump us down thousands of posts in minutes. I don't trust this page market.

If he were to short like that, he would be squeezed... One way or another.

Adam did and... where is Adam btw?

[suchmoon]

I'm sure I'm the first one to notice that we're on page 20000 !!!

Congratulations on snatching post #400,000. Unlike page number, I think that'll be yours forever.

Damn those page count bears... they broke the definition of "forever".

[Rosewater Foundation]

page doom

[TERA2]

They could also fork or split the thread and send all the old posts to an archive leading us to start over from a worthless thread with 1 page. Poloniex should open up leverage shorting immediately.

[bitserve]

Pages are artificially scarce. Even if the users run out of posts they are willing to dump, a mod could jump and just start deleting posts himself.

But then we have Tetherymos who could reprint us a few thousands of posts directly back from the database with a single SQL query.... and get the mod REKT too.

We would only need to fear if he were to ever sell all the posts... but he said he doesn't mind about WO anymore and has moved to other things. The thread is in good hands now.

[Rosewater Foundation]

This was not the first Wall Observer thread. No one talks about it. We all just whistle past that graveyard of rekt page bulls now. But I remember.

[rafanadal]

price stuck 20-30 $ shy of 9k for hours now

[infofront]

I've commented on page 20001 of Wall Observer. My life is complete.

I have tens of thousands of shitposts at my disposal. I could go off in a flash. I have nothing but free time

WO Bearwhale spotted!

[JayJuanGee]

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.

Thats complete nonsense.  Not a chance 5% of americans have Bitcoin, let alone each one of them putting $3500 into it.

Can you elaborate why not?

I think that people speculate that the total world adoption is likely less than .5%..... which would be around 35million... and the article seems to be speculating about 17 million americans, when maybe less than 10 million would be more realistic, maybe even less than 5 million.

[nanobtc]

The next 5 WO pages are critical.

[jojo69]

This having to post every .9 pages is going to get tiresome.

I think the government should step in.

[HairyMaclairy]

Who posted the Bottom?

[bones261]

They could also fork or split the thread and send all the old posts to an archive leading us to start over from a worthless thread with 1 page. Poloniex should open up leverage shorting immediately.

It was briefly forked last summer when Bitcointalk locked this thread.

https://bitcointalk.org/index.php?topic=1993010.0
https://bitcointalk.org/index.php?topic=1992753.0
https://bitcointalk.org/index.php?topic=1991115.0
https://bitcointalk.org/index.php?topic=1994588.0
https://bitcointalk.org/index.php?topic=1993741.0

[JayJuanGee]

This was not the first Wall Observer thread. No one talks about it. We all just whistle past that graveyard of rekt page bulls now. But I remember.

you are just a baby... remember that.   

[TERA2]

This was not the first Wall Observer thread. No one talks about it. We all just whistle past that graveyard of rekt page bulls now. But I remember.