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

[Icygreen]

Whats wrong with conspiracy?  Some things should absolutely be questioned until the truth is in a majority consensus.

[windjc]

You should plot 2011 on there too

Theory: As the market grows in absolute value the time needed for the bear market process increases. This is due to the much larger number of players and money in each subsequent cycle. As an easy thought experiment, BTC can crash and blow up in just weeks if only a few hundred people are speculating in it. On the other extreme, if BTC is owned by everyone, the cycles would match economic ones with major changes taking decades or more to work through.

Application: 2018 crash will take longer than the prior 2 cycles and (excepting total BTC failure) will not be as severe in total loss percentage. This would predict a bottom around late 2019 in the 3k range.

Current Trade: To match the predicted timescale and magnitude it is likely we need another glade (3.0) to take it back to 8k+. This will take up another 2+ months, setting up the stage for a fall to fake bottom #2 (4.5k area). A few bounces off this area and then a final fall into the 3ks. From here it can bounce and slowly bleedout out as pessimism reaches a peak.

External Events: ICO failure and enforcement, continued regulation and exchange failure, and most of all the coming next business cycle global recession would set up things for several years in the early 20's of bottomed out prices. This would be the time to find promising alts using new technology.

$3000 is the new $99. Everyone and their grandmother expects us to go there.

I don't. So there.

[Rosewater Foundation]

I'm also going to go out on a limb here. If I had more of a cushion I might be inclined to BTFD. I know what you're thinking. Rosewater, that's crazy talk. But 12 hours of astroturfing leads me to believe someone in the know is sponsoring it. I think (call me crazy) that maybe we have a moonshot incoming and someone somewhere is trying to shake us old degenerates loose.

I know what you're thinking. Rosewater, that's crazy talk. Maybe. But none of this is new to any of us.

[Elwar]

Whats wrong with conspiracy?  Some things should absolutely be questioned until the truth is in a majority consensus.

It is when the majority is in consensus that I start questioning things.

[Rosewater Foundation]

Elwar, that's crazy talk. Get in line this instant.

[Rosewater Foundation]

This is where the fat hits the fire, folks. Here we go. Don't kid yourself.

[Rosewater Foundation]

Open the doors. Arrange yourself. Be still before the heath of Time.

[Rosewater Foundation]

Hear the clack of sacred stones.

[Rosewater Foundation]

Hear the rhythmic throat-songs of upheaval, the rush of civilizations; remember the foot-falls on earthenware and bone, the blood-oaths, the lament of banished scribes. Sit. The threads of an ancient tapestry hang before you. Pull one.

[Rosewater Foundation]

Listen.

We are churning our way through the mystical under-rivers of the world. I call to you from the very belowdecks. Do you dare answer? 

[Rosewater Foundation]

Have you understood the booming seas much? Prick up your ears.

[jojo69]

drink plenty of water mayor...you're getting too old for this

[mymenace]

..."in this context the value of btc is equal to ∞ because the pedodollars the currency of the predatory parasitic oligarchic (Central Cabal Bankers) pedophile imperialist americans British (Mr King George - No Nicholas I will not help you) and their western allies (Five eyes intelligence) is worth nothing"....

Just to help clear up the who the actors are
Why bitcoin was made, read history on above actors  
I have never seen a statement above that shows exactly who is in control of the world.  

near the event horizon, specially  .

C17H21NO4 and C21H30O2

please don't fall in the abortion debate, it is just a trap.

focus on counting the bodies of our enemies. seth rich dead. aaron schwarz dead.

who is jon corzine fucking?

I agree, let's watch the charts... don't forget where the pedobucks get it's illusion... and when this fall...
(everybody should be paying attention)

look at me, beyond the horizont  

very important

Will admit anonymint concerned me re: Segwit addresses. I’ve looked through every single address that I have coins in though & they all start with a 1 so fuck it - as you were

Segwit activated a thousand years ago. Were you concerned then? Or did you just catch this recently? Because it's being spread like a virus. Just trying to be clear.

..."Because it's being spread like a virus"....
Extremely clear
thank you

With all this talk of attacks on the blockchain, looks like one event could be pulled off;

Global segwit attack

[hv_]

You should plot 2011 on there too

Theory: As the market grows in absolute value the time needed for the bear market process increases. This is due to the much larger number of players and money in each subsequent cycle. As an easy thought experiment, BTC can crash and blow up in just weeks if only a few hundred people are speculating in it. On the other extreme, if BTC is owned by everyone, the cycles would match economic ones with major changes taking decades or more to work through.

Application: 2018 crash will take longer than the prior 2 cycles and (excepting total BTC failure) will not be as severe in total loss percentage. This would predict a bottom around late 2019 in the 3k range.

Current Trade: To match the predicted timescale and magnitude it is likely we need another glade (3.0) to take it back to 8k+. This will take up another 2+ months, setting up the stage for a fall to fake bottom #2 (4.5k area). A few bounces off this area and then a final fall into the 3ks. From here it can bounce and slowly bleedout out as pessimism reaches a peak.

External Events: ICO failure and enforcement, continued regulation and exchange failure, and most of all the coming next business cycle global recession would set up things for several years in the early 20's of bottomed out prices. This would be the time to find promising alts using new technology.

$3000 is the new $99. Everyone and their grandmother expects us to go there.

I don't. So there.

Very nice comparison

but

2011 - Markets where not very liquid - highest volatile and not accountable

2013 - We had first China crack down and MtGox desaster

Now: If we go down that high (comp to 2011 / 13)  - with many of those parameters improved or not existent -> REKT

[Last of the V8s]

Hear the clack of sacred stones.

http://siberiantimes.com/other/others/news/siberian-shamans-throw-a-victory-ritual-to-support-russian-football-team/
Well it worked for the football (this one time)

[HairyMaclairy]

If the sacred stones don't work, there's always Elliott wave theory

[Last of the V8s]

When all else fails, there's always the

jackoff acclimatization phase

then a spot of Bollinger.

[realr0ach]

Ibian doubling down as a shill...

who would have thunk that a racist shill would convert into an anti-bitcoin shill? 

https://dailystormer.name/indian-man-worships-donald-trump-as-god-emperor/

[Last of the V8s]

next wave of bullish bullshit

https://bonnerandpartners.com/what-a-nasdaq-vp-told-me-about-the-future-of-cryptocurrencies/

Security tokens are regulated financial securities – like traditional stocks and bonds – that provide token-holders with ownership interests in the underlying company or asset.

Security tokens will be the third wave of the blockchain boom… and they will make the first two waves look tiny by comparison.

One executive I spoke with expects security tokens to bring 10% of global GDP – roughly $8 trillion – into the blockchain ecosystem by 2024. That represents growth of 28X.

And Bruce Fenton – founding member of The Bitcoin Foundation ...

[European Central Bank]

This @JJG trolling is intolerable. I must deal with this.

hey, dude.

open secret - virtually no one has the time to read the entirety of his posts. i'm sure many skip them entirely.

don't sweat it.