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November 14, 2019, 06:36:31 PM *
News: Help collect the most notable posts made over the last 10 years.
 
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Question: When will we see a new ATH? (Credit to: Biodom)
2019 - 14 (8.9%)
Early 2020 - 34 (21.7%)
Late 2020 - 47 (29.9%)
Early 2021 - 14 (8.9%)
Late 2021 - 25 (15.9%)
2022 - 4 (2.5%)
2023 - 0 (0%)
2024 - 4 (2.5%)
After 2024 - 3 (1.9%)
Never - 12 (7.6%)
Total Voters: 157

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21430431 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. (129 posts by 23 users deleted.)
micgoossens
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O, 5-digits where art thou


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August 05, 2018, 03:55:35 PM

Aha new special WO page mix of magical “21” and “007”  bullish ??  Shocked
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The Bitcoin Forum is turning 10 years old! Join the community in sharing and exploring the notable posts made over the years.
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August 05, 2018, 04:09:16 PM




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August 05, 2018, 05:15:29 PM
Last edit: August 05, 2018, 07:32:36 PM by Torque
Merited by BobLawblaw (1), Icygreen (1), micgoossens (1)

If you think of the Nov-Dec rally as simply a beacon to the rest of the uninformed world (like "Hey, I'm Bitcoin, something you didn't even know about!") then it did its job.

Bitcoin is now in the back of *everyone's* mind. But currently they're all focused on other stuff.

What comes next is gonna be epic.
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August 05, 2018, 05:45:45 PM
Last edit: August 05, 2018, 06:07:08 PM by BobLawblaw

Bitcoin is now in the back of *everyone's* mind. But currently they're all focused on other stuff.
What comes next is gonna be epic.

I'm looking to see what evolves beyond Lighting, which is already beginning to have an increasing positive effect for Bitcoin.

Speaking directly to your point, the foundation is being laid for a rocket to exit our solar system, never-mind traveling to our own planet's moon.
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August 05, 2018, 05:52:18 PM

If you think of the Nov-Dec rally as simply a beacon to the rest of the uninformed world (like "Hey, I'm Bitcoin, something you didn't even know about!) then it did its job.

Bitcoin is now in the back of *everyone's* mind. But currently they're all focused on other stuff.

What comes next is gonna be epic.

I'm really don't think Bitcoin being on the radar of the Middle class is really what we should be aiming for. The people in the top two tiers of this pyramid are who needs to be convinced. Unfortunately, most of them already made boatloads of wealth with the status quo. The only benefit of the middle and lower classes becoming involved in Bitcoin is for the rich to have more sardines to consume.
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yes


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August 05, 2018, 05:55:54 PM

They will enter if it fits their purposes. With enough ' adoption', this will be inevitable.

Remember what Torque just said. Remember it well.
bones261
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August 05, 2018, 05:58:27 PM

They will enter if it fits their purposes. With enough ' adoption', this will be inevitable.

Remember what Torque just said. Remember it well.

I edited my post. So yeah, when it suits their purpose.

The only benefit of the middle and lower classes becoming involved in Bitcoin is for the rich to have more sardines to consume.

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August 05, 2018, 07:12:45 PM
Last edit: August 05, 2018, 07:34:03 PM by d_eddie
Merited by Torque (1)

If you think of the Nov-Dec rally as simply a beacon to the rest of the uninformed world (like "Hey, I'm Bitcoin, something you didn't even know about!) then it did its job.

Bitcoin is now in the back of *everyone's* mind. But currently they're all focused on other stuff.

What comes next is gonna be epic.

I share this view wholeheartedly. What we don't know right now is the "when", or what happens before that, or other details such as when the exponential long term curve will start to flatten down into a more or less constant horizontal slope. But whatever happens next to the current phase, it sure is going to be epic. Imagine just a couple of runs in the same league as the latest one to 19k. I suspect ater such an event, a bitcoin stash in the double digits will be enough to be among the wealthy, if not among the rich.
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August 05, 2018, 07:15:34 PM
Merited by buyandhold (1)

Bitcoin is now in the back of *everyone's* mind. But currently they're all focused on other stuff.

What comes next is gonna be epic.

Agree, and that's why I see NYSE/Starbucks as fiat head honchos "counterattack" against bitcoin.
They are trying to put a middleman in the middle of bitcoin, especially when Microsoft, known for it's "embrace and extend" credo, is involved.

It is threatening to the whole bitcoin appeal, hence an immediate drop in value.
I personally think that this story would derail the real btc boom (at least for a while).
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August 05, 2018, 07:32:55 PM

This how i see August panning out.



It's just a guess, nothing more.
micgoossens
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August 05, 2018, 07:36:54 PM

This ho i see August panning out.



It's just a guess, nothing more.

Just like your guess on the list for highest price This year ..... around 7.5K or something
 Roll Eyes  Roll Eyes

LOL
LFC_Bitcoin
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August 05, 2018, 07:40:03 PM

This how i see August panning out.



It's just a guess, nothing more.

Get in the bin!

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August 05, 2018, 07:43:20 PM
Last edit: August 05, 2018, 09:07:02 PM by jonoiv

Just like your guess on the list for highest price This year ..... around 7.5K or something
 Roll Eyes  Roll Eyes

LOL

yer sorry, i got that one wrong.  but still made decent profit since 20k peak so im happy.
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August 05, 2018, 07:47:03 PM


That´s a bit easy isn't it?

Since bitcoin basically startet at 0 USD you can pick any number and see it as an uptrend.

Pick 5 USD for instance. If we move down to 5 USD tomorrow going from bitcoins inception we probably doubled each year.

So, the basic question again : Is BTC in an uptrend or a downtrend ?

Answer is simple :  Medium term (year or two) Downtrend  

Longterm  : Uptrend.  Support line here (open to interpretation) is around $2-3k


Trends *always* continue until the relevant support/resistance line is broken .


Probably any other analysis becomes over-complicated, unless you want to trade frequently, which is usually a sure way to lose.
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August 05, 2018, 07:48:46 PM


Get in the bin!



Go on then, you fill in the blanks.  have your best guess.
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August 05, 2018, 07:50:02 PM
Merited by Torque (1)

Bitcoin is now in the back of *everyone's* mind. But currently they're all focused on other stuff.

What comes next is gonna be epic.

Agree, and that's why I see NYSE/Starbucks as fiat head honchos "counterattack" against bitcoin.
They are trying to put a middleman in the middle of bitcoin, especially when Microsoft, known for it's "embrace and extend" credo, is involved.
Granted, Microsoft has been able to "embrace and extend" (corrupt) several things in the past, but I think this time is different. It's not bloated/dangerous HTML mail, or an inferior browser, or a nosy operating system. It's something that looks very much like money. The user's own money. As long as bitcoin works as money, the users will be able to see through all the corporate nonsense - in the worst case, via some smarter friend's eyes.

- So you can't spend your Starbucks bitcoins at Amazon? Ah, it's your Microsoft wallet that won't let you. You know, I always instantly redeem all my credit through my own LN node, directly connected to Starbucks. Not my keys, not my money, that's what the geeks taught me...

How long before this awareness invades mainstream channels such as Facebook, and everyone and their dogs can see the light? How long can such a scam survive? The hypothetic MS/Starbucks/whatever cartel had better compete by adding real value to their service, like an advantage on exchange rate for funds kept/spent with them, or some kind of fidelity bonus for people who comply with their centralized agenda. That's why I think they could ultimately help more than hinder.
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August 05, 2018, 07:54:17 PM

Think of it this way.  We are part of the way down wave 4.  Wave 4 is a fucking doozy that could last into 2019 but it also leads to the bottom of this bear cycle, in the desert of despair.  

2014 - 2015 wave cycle


2018 wave cycle to date


Wide shot showing both 2014 and 2018 cycles



Even if you show similar lines on charts, that does not mean similar things are going to happen.  Amirite?  Amirite?
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August 05, 2018, 08:00:24 PM

With these super low prices we may need to shut down the blockchain.

Fortunately they released Satoshi's alert key.

Time to trigger the shutdown switch? Or might things turn around?

I'm scared.

Help.

Relax. The prices are still good. Rewind one year and $6000 seemed like moon. Charts mean little, because they can be interpreted any way you wish. I can feel the replay of 2014-15 in all the emotions, remembering clearly the daily twists and turns, and it is tracking closely.

Don't get scared until sub $3000. The bounce will be good, it just isn't near yet.

Alternatively don't watch for a year or so, it will be easier on your stress levels.

prognostications with such certainty is becoming more and more bold... scaring away all the hodlers into our cupboards...  Cry Cry
micgoossens
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August 05, 2018, 08:09:20 PM

everyone is drawing lines on charts and sooner or later some will be right and be hero's of the moment ..... and will be totally wrong on the next line drawings they make  Roll Eyes 

let me just HODL and when there are oppertunitie's increase the BTC stack size , nothing more nothing less

offcourse be involved in a few shit coins but thats a part of the game  Grin
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August 05, 2018, 08:10:53 PM

Bitcoin is now in the back of *everyone's* mind. But currently they're all focused on other stuff.

What comes next is gonna be epic.

Agree, and that's why I see NYSE/Starbucks as fiat head honchos "counterattack" against bitcoin.
They are trying to put a middleman in the middle of bitcoin, especially when Microsoft, known for it's "embrace and extend" credo, is involved.
Granted, Microsoft has been able to "embrace and extend" (corrupt) several things in the past, but I think this time is different. It's not bloated/dangerous HTML mail, or an inferior browser, or a nosy operating system. It's something that looks very much like money. The user's own money. As long as bitcoin works as money, the users will be able to see through all the corporate nonsense - in the worst case, via some smarter friend's eyes.

- So you can't spend your Starbucks bitcoins at Amazon? Ah, it's your Microsoft wallet that won't let you. You know, I always instantly redeem all my credit through my own LN node, directly connected to Starbucks. Not my keys, not my money, that's what the geeks taught me...

How long before this awareness invades mainstream channels such as Facebook, and everyone and their dogs can see the light? How long can such a scam survive? The hypothetic MS/Starbucks/whatever cartel had better compete by adding real value to their service, like an advantage on exchange rate for funds kept/spent with them, or some kind of fidelity bonus for people who comply with their centralized agenda. That's why I think they could ultimately help more than hinder.


Maybe Microsoft will get into a partnership with John McAfee and create a brainwallet app for Windows. It will use the same password to generate your private keys that you use to log into Microsoft. They will make sure to make it more secure by sending you an email to the same account, with a code, so that you can sign your transactions.  Cheesy Then, when you try to use any other wallet app besides Microsoft's groovy brainwallet,(including your hardware wallet), it will pop up a notice to upgrade. Until you have the time to figure out how to shut off the notice.  Cheesy
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