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Question: May 18 Bitcoin Closing Price (Stamp):
$0 - 1 (0.7%)
<$5,000 - 7 (4.6%)
$5,000-$5,500 - 2 (1.3%)
$5,500-$6,000 - 0 (0%)
$6,000-$6,500 - 5 (3.3%)
$6,500-$7,000 - 15 (9.9%)
$7,000-$7,500 - 17 (11.3%)
$7,500-$8,000 - 24 (15.9%)
$8,000-$8,500 - 18 (11.9%)
$8,500-$9,000 - 15 (9.9%)
$9,000-$9,500 - 10 (6.6%)
$9,500-$10,000 - 7 (4.6%)
$10,000-$20,000 - 16 (10.6%)
>$20,000 - 14 (9.3%)
Total Voters: 151

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21167051 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (23 posts by 12 users deleted.)
_javier_
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Still a manic miner


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March 31, 2018, 12:39:56 AM

Double bottom perhaps?



those bottoms are persuasive, indeed  Tongue
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PoolMinor
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XXXVII Fnord is toast without bread


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March 31, 2018, 12:40:18 AM
Last edit: April 14, 2018, 04:41:47 PM by PoolMinor

The good news is that the Sun will come out.........just not tomorrow, and I will bet my bottom dollar. I would be a heavy buyer around April 6th, and again mid-May. And early 2019.

P.S. this chart is from the future, your results may vary.


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UNLEASH THE FURY!


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March 31, 2018, 12:42:11 AM

My attempts to have my identity verified were unsuccessful, I'm still here. Total failure to capitulate. AMA

Do you think 7-11 will ever run a lightning node?
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March 31, 2018, 12:42:28 AM

It's ok, I paid an average of just under $100 each for them.

Yeah, if I fucked up like that, I'd want Bitcoin to die too.
xhomerx10
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Godspeed Elwar and Nadia.


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March 31, 2018, 12:44:48 AM

Okay, we need a diversion from this weekend's FUD.  



 Check it out - http://www.normalbooks.io/
It's supposed to be available next week at Amazon.  Now why would somebody release such a book knowing that crypto is dead?  Roll Eyes

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March 31, 2018, 12:47:32 AM

My attempts to have my identity verified were unsuccessful, I'm still here. Total failure to capitulate. AMA

Do you think 7-11 will ever run a lightning node?

In the future meat space retail will be under constant attack from roaming gangs of decentralized delivery drones. They will have store drones to defend them.
All drones will run on LN.
HairyMaclairy
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Degenerate bull hatter & Bitcoin monotheist


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March 31, 2018, 12:48:25 AM

My attempts to have my identity verified were unsuccessful, I'm still here. Total failure to capitulate. AMA

Do you think 7-11 will ever run a lightning node?

Why not?  It will be a piece of hardware that sits on the counter no different from a credit card scanner.
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March 31, 2018, 12:56:35 AM

My attempts to have my identity verified were unsuccessful, I'm still here. Total failure to capitulate. AMA

Do you think 7-11 will ever run a lightning node?

Why not?  It will be a piece of hardware that sits on the counter no different from a credit card scanner.

You don't share Peter Todd's skepticism then
http://bitcoinist.com/peter-todd-warns-lightning-network/

“As for the Lightning protocol, I’m willing to predict it’ll prove to be vulnerable to DoS attacks in it’s (sic) current incarnation, both at the P2P and blockchain level,” Todd meanwhile predicted.

“While bad politics, focusing on centralized hub-and-spoke payment channels first would have been much simpler.”
yefi
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March 31, 2018, 01:04:56 AM

AMA

Can I live in your butt as a parasitic worm and drill bloody fistulas through your body? (David Blaine would be jealous.)
Rosewater Foundation
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March 31, 2018, 01:08:09 AM

AMA

Can I live in your butt as a parasitic worm and drill bloody fistulas through your body? (David Blaine would be jealous.)

My guts are full of pus and vinegar. You wouldn't be comfortable, and I would feel responsible.

But yeah, ok.
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Deb Rah Von Doom


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March 31, 2018, 01:12:55 AM

I dont care what BTC does right now. I just want ETH to die and its following BTC.
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no FOMO


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March 31, 2018, 01:13:26 AM

My attempts to have my identity verified were unsuccessful, I'm still here. Total failure to capitulate. AMA

It's because you are not who you claim you are


What do you think of young Trudeau?
Biodom
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March 31, 2018, 01:15:22 AM
Last edit: April 01, 2018, 07:04:03 AM by Biodom
Merited by bitebits (1), Last of the V8s (1)

On bull and bear in btc...

There were too few bull/bear markets in btc, but assuming that average bull bear in btc is at least similar to stock markets, here is an interesting snippet:

One source indicates that stock bull averages 97mo while bear 18 mo, while another source states 31 mo bull and 10 mo bear, yet a third one says that average bull lasted 48mo and bear 14 mo.
A have no idea why the numbers vary so much, maybe because of underlying methodology (pretty much all counted since 1925-1930 until today).

https://www.forbes.com/sites/robertlenzner/2015/01/02/bull-markets-last-five-times-longer-than-bear-markets/
https://www.ftportfolios.com/Common/ContentFileLoader.aspx?ContentGUID=4ecfa978-d0bb-4924-92c8-628ff9bfe12d
https://paulmerriman.com/22-things-know-bear-markets/
https://www.mackenzieinvestments.com/en/assets/documents/marketingmaterials/mm-bull-bear-markets-sp500-en.pdf

Entry points:

31 and 10
48 and 14
108 and 16.8
97 and 18

If, for simplification purposes, we ignore the duration and just focus on bull/bear ratio, then we get bull/bear duration (proportion) at 3.1, 3.42, 5.38 and 6.43.

Applying these numbers back to the prior bitcoin bull that lasted approx 35mo (which is very similar to the first two aforementioned stock market bulls, incidentally), then 3.1 ratio would give us 11.3mo bear, 3.42-10.2 mo, 5.38-6.5 mo and the last 5.44 mo bear.
That said, the latter corresponds to a very long bull, which we did not have; ours was more like the first two.
5.44 mo from Dec 16 is the end of May, which is most optimistic with October-Nov of 2018 fitting data a bit better

TL;DR this model suggests a 5.44-11.3 mo long bear, which indicates bear lasting until May 30-Nov 24, 2018.
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March 31, 2018, 01:15:31 AM

My attempts to have my identity verified were unsuccessful, I'm still here. Total failure to capitulate. AMA

It's because you are not who you claim you are

It's true. Bitfinex thinks I'm BlatchMajorCornstaff. I don't even remember that.
I've created a tangled mess here


What do you think of young Trudeau?

I'm not aware of politics. Per se
micgoossens
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Be safe, Elwar and Nadia !!


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March 31, 2018, 01:15:34 AM
Merited by cAPSLOCK (10), erre (1)

Just home after a Bday evening of a friend Reading last 2WO pages and willing to spend my very precious LAST Smerit, but better wait to tommorrow So i can actually send iT with al my best to the best meme video/pic that gives me joy and pleasure for the rest of the merit sources PUMP me the F*** up same as you wanne see BTC pump the F*** up So a have Some ammo to send around ;-)  Cool  Roll Eyes  Tongue
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March 31, 2018, 01:16:24 AM

My guts are full of pus and vinegar. You wouldn't be comfortable, and I would feel responsible.

But yeah, ok.

Thanks for being honest. I think I'll probably look for nicer digs. Sad
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March 31, 2018, 01:19:32 AM

Just home after a Bday evening of a friend Reading last 2WO pages and willing to spend my very precious LAST Smerit, but better wait to tommorrow So i can actually send iT with al my best to the best meme video/pic that gives me joy and pleasure for the rest of the merit sources PUMP me the F*** up same as you wanne see BTC pump the F*** up So a have Some ammo to send around ;-)  Cool  Roll Eyes  Tongue

if i were you, i would have given it to two great bottoms  Grin
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March 31, 2018, 01:21:46 AM

My guts are full of pus and vinegar. You wouldn't be comfortable, and I would feel responsible.

But yeah, ok.

Thanks for being honest. I think I'll probably look for nicer digs. Sad

Might I recommend something in a jojo69? Spacious, handles well. Only one owner.
explorer
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March 31, 2018, 01:26:40 AM

My attempts to have my identity verified were unsuccessful, I'm still here. Total failure to capitulate. AMA

It's because you are not who you claim you are


What do you think of young Trudeau?

Do you mean Turdeau? 
yefi
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March 31, 2018, 01:36:05 AM

Might I recommend something in a jojo69? Spacious, handles well. Only one owner.

I burnt out the ass clutch on the last jojo69 I was in. I need something with fewer bowel movements.
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