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

[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.

[babanana]

Why pollute this thread price discussion and speculation thread with fearmongering. You can easily open your own thread and let those who wants to bother going thru your lengthy post go there. Please.

[Torque]

Well, yes, sometimes the FUDster attacks can become so complicated (and possibly convincing because of it) that it confuses otherwise smart OG bitcoiners into the wrong behavior.

 

Considering that out of the roughly 20M+ Bitcoin owners around the world only about a couple hundred might even read this goofy WO thread (if they can even understand English). And out of those, pretty much everyone is a saavy Bitcoin vet who knows troll-created FUD when they see it.

So no. The above statement is completely and patently false.

Which is why the trolls here are wasting their time.

[vroom]

IMPORTANT

A lot of smart words from a smart guy.

poor bitfinex will lose 187,000 bitcoin (cold storage: 3D2oetdNuZUqQHPJmcMDDHYoqkyNVsFk9r) because they did not read your smart post in a public internet forum.

[d_eddie]

IMPORTANT

(Blah) This indeed is my last post in this cult, groupthink dominated thread.

(blah, blah, blah!)
...the same banksters behind the curtain.

(Yawn.)

[d_eddie]

IMPORTANT

A lot of smart words from a smart guy.

poor bitfinex will lose 187,000 bitcoin (cold storage: 3D2oetdNuZUqQHPJmcMDDHYoqkyNVsFk9r) because they did not read your smart post in a public internet forum.

I guess they assessed the length and density of the post before deciding the agony of going through all the links wasn't worth 187k.

Now let's see if he can keep faith to the "my last post" bit.

(Warning - Making new accounts and posting under a different name would break that.)

[sirazimuth]

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

For a minute there I thought mayor Rosie was reciting
They Might be Giants lyrics or some such thing.....

[Ibian]

IMPORTANT

A lot of smart words from a smart guy.

poor bitfinex will lose 187,000 bitcoin (cold storage: 3D2oetdNuZUqQHPJmcMDDHYoqkyNVsFk9r) because they did not read your smart post in a public internet forum.

That just might be their next excuse. Why anyone is willingly depositing money with an exchange that openly stole a third of what people had trusted them with is a fucking mystery, but maybe some people just like punishment.

[xhomerx10]

Well, yes, sometimes the FUDster attacks can become so complicated (and possibly convincing because of it) that it confuses otherwise smart OG bitcoiners into the wrong behavior.

 

Considering that out of the roughly 20M+ Bitcoin owners around the world only about a couple hundred might even read this goofy WO thread (if they can even understand English). And out of those, pretty much everyone is a saavy Bitcoin vet who knows troll-created FUD when they see it.

So no. The above statement is completely and patently false.

Which is why the trolls here are wasting their time.

 Patently false? Dammit!  I guess I shouldn't have sold 95% of my stash at US$6260...
I'm going to blame that on night shifts as well.

[Torque]

Suffice to say, it wouldn't have become run away rampant predator capitalism if corruption hadn't be allowed to infiltrate the entire system.  Even prominent hedge fund managers don't know what the fuck is going on anymore, nothing makes any sense. Some sanity would come back to the markets if:

1. Gov't needs to stop actively managing the markets through Fed and CB intervention (just look at the bond market, it's ridiculous.. comical. Who's fkn buying that shit?)

2. End stock buybacks - they used to be illegal, most people don't even know that

3. More transparency in corporate earnings reporting - end the loopholes and fuzzy accounting practices

4. CEOs and executives need WAY more accountability for company performance and earnings - quit rewarding them for bad behavior

5. Let the fucking equities market have it's bear market for gods sake. Quit propping it all up by tethering everything to FAANGs and then constantly goosing the FAANGs with CB fiat money

Confirmed :
https://www.zerohedge.com/news/2018-07-01/amazon-alone-responsible-more-third-sps-return-year

And another striking fact: just the Top 4 stocks, Amazon, Microsoft, Apple and Netflix have been responsible for 84% of the S&P upside in 2018 (and yes, these are more or less the stocks David Einhorn is short in his bubble basket, which explains his -19% YTD return).

We're in a melt-up, and Central Banks are nationalizing the top tech corporations to keep the entire stock market propped up.