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

[JayJuanGee]

By the end of July we shall see price above $10k.

Not going to happen.

Just as likely to see price at 2k.

Random move, 4k up or 4k down. No analysis.

That is not how it works. We use log scale not linear scale. A probability of the price being 5/3 as high as it is now is supposed to be as probable as a fall to 3/5 of what it is now. So a rise to ~10k should be equivalent to a fall to ~3600, not 2K.

Don't correct his stupid-ass math.  Wait until the "bet is in" first.  

Confirmed! ...Finally we hit the bottom!!

I'm still not convinced. Need a decent volume test of the resistance before I feel more comfortable.

Mt gox heard you and here is the response



Hodl boys, just hodl until the storm pass!

Sometimes evacuation is the better option rather than holding strong.

That is what "they" want you to think.

If you think about the situation, when we have already gone through a 70% correction, then it is likely going to take a a lot more effort to squeeze additional weak hands... So good luck with anyone selling their bitcoins at these prices expecting to buy back lower.. and thinking that is "the better" and "more reasonable" strategy. 

You are going to especially need luck if you are playing around with BTC shorts, at these prices.

[El duderino_]

after belgium won 5-2 and crypto was doing ..... few %'s back up 

i jump't into the booze with my precious downtown antwerp city, talking about everything accept BTC for a moment SO again saturday evening well spended
lets see what the next weeks gonna bring us

[Last of the V8s]

^ some hot tail right there, Mike ^
~


looks like Doug is more bearish than Tone now wtf

[El duderino_]

WHAT a game did the belgiums played today  WOW     5-2    HAZARD AGAIN

And a Big BTC recovery  time for dinner and weekend time  common BTC pump a little bit

gotta see some green figures down weekend time to cover the spendings

I got back from Vegas today, 10 hour flight & 2.5 hour drive home. Pretty fucking tired & $5,000 spent gambling, drinking & getting high
Bitcoin continues to creep downwards but I’m not fucking bothered any way, we HODL on. The price will be over $50,000 per coin by mid 2021 so this is all just shit foreplay. A few years until we sink in her balls deep

LAST sentence was little bit of a joke ...... i'm not bothered as well , HODLING to and ain't selling shit only given a few .BTC's on this list things for the rest its only been accumulation engine and playing to gain more BTC's   for the rest many friends of me and my father are going to VEGAS next week playing the main event etc but pitty i can't be there myself .... i gotta wait for BARCELONA end of august for my own gambling (pokerplaying not really gambling.....)
let it be 2021 already LOL  

[El duderino_]

^ some hot tail right there, Mike ^
~


looks like Doug is more bearish than Tone now wtf

i think tone would take 3k and doug the upperside.....

[LFC_Bitcoin]

after belgium won 5-2 and crypto was doing ..... few %'s back up 

i jump't into the booze with my precious downtown antwerp city, talking about everything accept BTC for a moment SO again saturday evening well spended
lets see what the next weeks gonna bring us

Is that Mrs goosens?

She looks nice, well played Sir!

[El duderino_]

after belgium won 5-2 and crypto was doing ..... few %'s back up 

i jump't into the booze with my precious downtown antwerp city, talking about everything accept BTC for a moment SO again saturday evening well spended
lets see what the next weeks gonna bring us

Is that Mrs goosens?

She looks nice, well played Sir!

Yes Yes played very good already 5years time is flying , the good thing is she is massive into crypto   

[LFC_Bitcoin]

after belgium won 5-2 and crypto was doing ..... few %'s back up 

i jump't into the booze with my precious downtown antwerp city, talking about everything accept BTC for a moment SO again saturday evening well spended
lets see what the next weeks gonna bring us

Is that Mrs goosens?

She looks nice, well played Sir!

Yes Yes played very good already 5years time is flying , the good thing is she is massive into crypto   

Good man!

Oh look a bit of green $6240 on Stamp

[El duderino_]

Rat breaches bank ATM in India, eats $18,000 worth of cash

Rats can’t eat crypto    #BULLISH 

[JayJuanGee]

The market maker at Bitfinex appears to be the one forcing the price lower.  

A bit extreme to characterize Bitfinex as "the market maker"  


Otherwise the remainder of what you say in your linked-above post seems reasonable.

[RayX12]

Num Nums:

Whale and shark eaters wanted.

[gembitz]

Rat breaches bank ATM in India, eats $18,000 worth of cash

Rats can’t eat crypto   #BULLISH  

 

_<<_nom nom nommm!!

[Ludwig Von]

after belgium won 5-2 and crypto was doing ..... few %'s back up 

i jump't into the booze with my precious downtown antwerp city, talking about everything accept BTC for a moment SO again saturday evening well spended
lets see what the next weeks gonna bring us

Is that Mrs goosens?

She looks nice, well played Sir!

Yes Yes played very good already 5years time is flying , the good thing is she is massive into crypto   

@ MAS?

[El duderino_]

after belgium won 5-2 and crypto was doing ..... few %'s back up 

i jump't into the booze with my precious downtown antwerp city, talking about everything accept BTC for a moment SO again saturday evening well spended
lets see what the next weeks gonna bring us

Is that Mrs goosens?

She looks nice, well played Sir!

Yes Yes played very good already 5years time is flying , the good thing is she is massive into crypto   

@ MAS?

Yes new resto Nice terras ..... resto from the same cook as the one inside MAS .... not to bad...

[Vin]

after belgium won 5-2 and crypto was doing ..... few %'s back up 

i jump't into the booze with my precious downtown antwerp city, talking about everything accept BTC for a moment SO again saturday evening well spended
lets see what the next weeks gonna bring us

Nice fox tail : )

[kurious]

@Jbreher
I'm dissapointed in you spreading outright lies, obviously I have misjudged you. Dash is a distributed decentralised blockchain secured with proof of work. Just like bitcoin.  

Er... 'masternodes' - just like Bitcoin?

Lol

Whats your point?

That saying dash / darkcoin is (and ever has been) 'just like Bitcoin' is at the very least a bit of a stretch.  Evan's control and the masternode system doesn't look at all 'decentralised' to me.

Thats what I thought. You've got nothing.

You don't understand at all, do you.

I don't care if you make money from Dash.  Do what the hell you like.  What makes me lose all respect is you seem to think you can convince people Dash is up there with Bitcoin. It simply isn't, so don't make a total tit out of yourself by saying it's 'just like Bitcoin'

It isn't and never will be.  And this is a place where it's stupid to try and say it is.

[Last of the V8s]

wow so podgy poofy little Barry Silbert in the yakuza's pocket. seems legit

[mymenace]

@Jbreher
I'm dissapointed in you spreading outright lies, obviously I have misjudged you. Dash is a distributed decentralised blockchain secured with proof of work. Just like bitcoin.  

Er... 'masternodes' - just like Bitcoin?

Lol

Whats your point?

That saying dash / darkcoin is (and ever has been) 'just like Bitcoin' is at the very least a bit of a stretch.  Evan's control and the masternode system doesn't look at all 'decentralised' to me.

Thats what I thought. You've got nothing.

You don't understand at all, do you.

I don't care if you make money from Dash.  Do what the hell you like.  What makes me lose all respect is you seem to think you can convince people Dash is up there with Bitcoin. It simply isn't, so don't make a total tit out of yourself by saying it's 'just like Bitcoin'

It isn't and never will be.  And this is a place where it's stupid to try and say it is.

 

[kurious]

after belgium won 5-2 and crypto was doing ..... few %'s back up 

i jump't into the booze with my precious downtown antwerp city, talking about everything accept BTC for a moment SO again saturday evening well spended
lets see what the next weeks gonna bring us

Well, we're up against you next Thursday.  I will admit this is a great Belgian team - respect is due.  But it's turning into a great World Cup - let's see indeed...

[JayJuanGee]

WHAT a game did the belgiums played today  WOW     5-2    HAZARD AGAIN

And a Big BTC recovery  time for dinner and weekend time  common BTC pump a little bit

gotta see some green figures down weekend time to cover the spendings

I got back from Vegas today, 10 hour flight & 2.5 hour drive home. Pretty fucking tired & $5,000 spent gambling, drinking & getting high
Bitcoin continues to creep downwards but I’m not fucking bothered any way, we HODL on. The price will be over $50,000 per coin by mid 2021 so this is all just shit foreplay. A few years until we sink in her balls deep

That sounds pretty fucking close to exactly correct, give or take .00042163912% variance.

It seems that a large number of longer time holders, such as you, me and seemingly a few others, are continuing to live their lives with a decent amount of celebration concerning where we already are at in regards to the current bitcoin, along with considerations about likely places that BTC is going, especially in the "few years out" scenarios.

Given bitcoin's history, I think that there are decent chances that 2021 is a reasonable time-frame to count on a decently high probability of large returns and exponential growth, by then.  I do have a hard time, personally, projecting out that far, but certainly my portfolio remains ready for such bullish scenarios.. but I am also prepared for less bullish scenarios too... hahahahhaha...

Likely it remains safe to just "live your life,"  and surely the future level of "balling" is going to be greater with higher BTC prices.  Right now, maybe it is prudent to stick with "reasonable" balling rather than "all out" balling.