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Question: How far will this leg take us?
$110K - 9 (8.3%)
$120K - 19 (17.6%)
$130K - 17 (15.7%)
$140K - 9 (8.3%)
$150K - 19 (17.6%)
$160K - 2 (1.9%)
$170K+ - 33 (30.6%)
Total Voters: 108

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26842691 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. (174 posts by 1 users with 9 merit deleted.)
Phil_S
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April 25, 2018, 05:23:50 AM

18 months ago, by Masterluc:

https://www.tradingview.com/chart/BTCUSD/MrwPhbog-Long-Term-Bitcoin-price-extrapolation/
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April 25, 2018, 05:33:12 AM
Last edit: April 25, 2018, 06:10:28 AM by Toxic2040

You too? Of all people? You can all F off with calling me a pumper. I'm just genuinely pissed at the alts right now. If I say something is too high then that is the opposite of pumping. If I mention how high something has risen, that means it then supposed to go down. You have it backwards. You are participating in irrationalism by thinking that is something goes up then it needs to go up more. There is nothing massively bullish right now - it's just the mid term pump and it's already at least 50% over. So you might get a peak of 13000, whoop de doo.
So..you were short? Thats all I am getting here. None of what your saying makes ANY sense. Why would you be upset at what markets do...and that is price discovery. You know..that for every buyer there is a seller thing?

Also..I am here to put the previous year thing to bed..where it should be. For one..past performance is not indicative of future results. That is economics and trading 101..you should be highly familiar with that concept by now.
So I make a "mark" on the chart at a lower level and then drag that mark up higher in the chart..at least at TradeView, it is automatically rendered and corrected as you do so.

now I move that mark upwards. Same mark.

Magic right?  No...mathematics. Long story short..all that data below us is flat as a pancake when compared to current data sets. Get over the visual representation on the chart and look at the actual numbers and math involved.
----------------
Bitcoin
Stepping back some and looking at the daily scale. In the time I ate and drafted this up we have dropped back downwards to around $9.2k for a nice healthy correction. Looks like that volatility I was expecting arrived.

Buy the dips and do your own research.

From where are you getting the figure 300 million?  Are you anticipating a 10x increase in users in the near future, because currently, it seems that the user base is perhaps around 30million, at best.
Define "near future"? I was extrapolating this data to include the next halving. So I think within the next 18 months we will feel the impact more acutely. I got it off one of my twitter feeds I am sad to say..and tbh I cant find it atm. I am pretty sure I liked the article..so I probably just need to dig a bit deeper to find it. Processing.
JayJuanGee
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April 25, 2018, 05:38:37 AM

Woo-hooo!  $9550+ $9600+

This is fun:

"Cryptocurrencies: Last Week Tonight with John Oliver"

I didn't know that Brock Pierce is just a washed-up child actor!  Grin

https://www.youtube.com/watch?v=g6iDZspbRMg

That clip is about 6 weeks old, and I believe that it was widely talked about when it came out....

You are right to point out that Brock Pierce did not come out too good in that rendition.
JayJuanGee
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April 25, 2018, 05:44:49 AM

Honestly, I think we're in for one helluva winter.

moron

A large number of posters quote themselves to show how "smart" they were.  You tend to do the opposite.   Cheesy Cheesy Cheesy
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April 25, 2018, 05:50:48 AM

Honestly, I think we're in for one helluva winter.

moron

A large number of posters quote themselves to show how "smart" they were.  You tend to do the opposite.   Cheesy Cheesy Cheesy

Don't let the fancy new moniker fool you. I'm just as blind as ever. Roll Eyes
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April 25, 2018, 05:52:16 AM

The tourist board of Thailand should find out where these incels forum and advertise. Think about it.
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April 25, 2018, 05:56:21 AM

Honestly, I think we're in for one helluva winter.

moron

A large number of posters quote themselves to show how "smart" they were.  You tend to do the opposite.   Cheesy Cheesy Cheesy

Don't let the fancy new moniker fool you. I'm just as blind as ever. Roll Eyes


Eat some carrots!!! Smiley ... Get some carrot coins or veggie coins... Smiley
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April 25, 2018, 06:01:20 AM
Last edit: April 25, 2018, 06:23:03 AM by nanobtc

In other news, Toronto Dominion Ameritrade posted the first/largest Satoshi-free ad, on the blockchain. No Satoshis were used, nor harmed. It is just a waste of a finite (albeit moving target) space.

Each TX can have 80 characters of a memo/comment. As long as you have enough consecutive transactions, you can draw simple things.

It's cute, and historic, but a bad example of wasted space. 68 rejected transactions, with only ASCII art. Personally I am waiting for the ANSI-enhanced version. Could Beecash provide this?

Barely above spam.
 
@Jimbo_Toronto can you check on this, for us?

Code:

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JayJuanGee
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April 25, 2018, 06:16:38 AM


From where are you getting the figure 300 million?  Are you anticipating a 10x increase in users in the near future, because currently, it seems that the user base is perhaps around 30million, at best.
Define "near future"? I was extrapolating this data to include the next halving. So I think within the next 18 months we will feel the impact more acutely. I got it off one of my twitter feeds I am sad to say..and tbh I cant find it atm. I am pretty sure I liked the article..so I probably just need to dig a bit deeper to find it. Processing.

Well, I was pretty much asking you about what you meant by 300 million... because we seem to be a long fucking way from 300 million.

I kind of anticipate that the price is going to rise a lot faster than the adoption.... so perhaps we may only need a doubling in the user base in order to get a 10x increase in the price.

In my thinking a 10x increase in the adoption rate would probably be 100x or more in the price... Isn't that approximately where metacalfe's law takes us...?

You seemed to have been implying that 300 million was a present number, and your clarification of 18 months seems a bit too soon; however, possibly in a few more years, we may reach 300 million... perhaps 2022?  Yes, I am guessing, but my guessing seems to be more conservative than yours, no?   Tongue Tongue
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April 25, 2018, 06:29:26 AM


Bitcoin's main strength is ... -snip- I am not saying bitcoin is an outdated tech though. It has the highest dev activity out there.


What? You've gotta be kidding me. Have you compared the commits in github pages of some other altcoins like Ethereum?

I'm all for bitcoin and i will never sell my coins until i truly need to but you gotta get your head out of that smelly thing. Check your facts because wrong arguments invalidate the remaining of your statements.
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April 25, 2018, 06:42:26 AM

What is going on? Shocked
Watched $9695 go down to $9490 in a matter of minutes.
Nearly $200 slide something bad is going on. Embarrassed

I’m always wrong but we are bouncing off the 70 rsi 9680 fib retracement level. I’d suggest putting in your bids at support levels. 9100, 8800, 8500, 8300, 7800, 7400, 7200, 6800, 6500, 6000, 5800 etc.

BTW guys. Alt coins is what made this move up legit for BTC...that pump at 6700 was 🐳 and totally inorganic.
JayJuanGee
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April 25, 2018, 07:21:07 AM

What is going on? Shocked
Watched $9695 go down to $9490 in a matter of minutes.
Nearly $200 slide something bad is going on. Embarrassed

I’m always wrong but we are bouncing off the 70 rsi 9680 fib retracement level. I’d suggest putting in your bids at support levels. 9100, 8800, 8500, 8300, 7800, 7400, 7200, 6800, 6500, 6000, 5800 etc.

BTW guys. Alt coins is what made this move up legit for BTC...that pump at 6700 was 🐳 and totally inorganic.

You are always wrong because you seem to provide random suggestions, as if you were blindly throwing a dart.

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April 25, 2018, 07:55:38 AM


Bitcoin's main strength is ... -snip- I am not saying bitcoin is an outdated tech though. It has the highest dev activity out there.


What? You've gotta be kidding me. Have you compared the commits in github pages of some other altcoins like Ethereum?

I'm all for bitcoin and i will never sell my coins until i truly need to but you gotta get your head out of that smelly thing. Check your facts because wrong arguments invalidate the remaining of your statements.

Which fact I stated is wrong?

"Bitcoin is strong because it is immutable." This?

Or

"Bitcoin's tech is not outdated, in fact it has the most dev activity out there." This?

If you agree with either of these, what do you disagree with?
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April 25, 2018, 08:32:49 AM

Honestly, I think we're in for one helluva winter.

moron

A large number of posters quote themselves to show how "smart" they were.  You tend to do the opposite.   Cheesy Cheesy Cheesy

Don't let the fancy new moniker fool you. I'm just as blind as ever. Roll Eyes

wtf man, what happened to the mayor?
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April 25, 2018, 08:59:12 AM
Last edit: April 25, 2018, 09:18:54 AM by Last of the V8s

Honestly, I think we're in for one helluva winter.

moron

A large number of posters quote themselves to show how "smart" they were.  You tend to do the opposite.   Cheesy Cheesy Cheesy

Don't let the fancy new moniker fool you. I'm just as blind as ever. Roll Eyes

wtf man, what happened to the mayor?

nothing really. just moved to LA
you see him running round town occasionally


Last of the V8s
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April 25, 2018, 09:16:16 AM
Merited by LFC_Bitcoin (1)



Are Lambos the 8th deadly sin? Or just a little indulgence?
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April 25, 2018, 09:34:49 AM



Are Lambos the 8th deadly sin? Or just a little indulgence?

Money corrupts. That's why you should spend it ASAP to save your soul. Lambos are basically a tool to make the process quick and simple.
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April 25, 2018, 09:34:58 AM
Merited by jbreher (1), infofront (1)

https://etherscan.io/tx/0x2d6a7b0f6adeff38423d4c62cd8b6ccb708ddad85da5d3d06756ad4d8a04a6a2
Feminist stuff now on the eth blockchain.
Will China demand censorsheep?
Will Vitalik kowtow?

Code:
I am Yueluo from the 2014 Foreign Languages Institute. I was one of the eight students who submitted the “Information Disclosure Application Form” to Peking University on the morning of April 9.

(snip)

Peking University School of Foreign Languages
April 23, 2018

Blockchain is irreversible.

THE Blockchain is, but Last of the V8s was talking about Ethereum.
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April 25, 2018, 10:28:57 AM

Quote from: A bunch of shit bulls
blah blah blah I'm normally a huge TERA fan but since I'm long it's time to bash TERA and call him a short and post charts showing a new ATH in  June and $1 million by 2020.
No I'm not short on altcoins but I wasn't holding any either. And I think it's incorrect to say that past chart patterns are irrelevant. I actually used a chart from 2010 to get in on a rally in 2013.
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April 25, 2018, 10:42:13 AM

I think Masterluc got this one right. That's what he wrote yesterday, before today's sudden dip.

Quote from: Masterluc, April 24
9500-10000 will rebound (down). There's a daytime sma200. And the sewers are now an asshole.

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