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

[HairyMaclairy]

The significance of this runs way back to the country’s 40-year-old grievance with France’s private banking system. The French government borrows from them and is forced to repay with high-interest, plunging the country into further debt.

Holy shit. That sounds like something from the daily stormer. France has to borrow its money from the Rothschilds with interest?

Eh isn’t that the definition of US government bonds?

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[HairyMaclairy]

It’s a significant PR win for Bitmex.  I have somewhat mixed feelings about it given that XBT is a synthetic.

The Bitmex Research tends to be very good.

I do wonder about the volume on Bitmex though.  I have had slippage of up to $75 on relatively small orders on big moves.  Never had that on other exchanges. That degree of slippage concerns me, makes me feel I am being front run by their trading engine.  It certainly doesn’t feel like the most liquid exchange in Bitcoinland.  

I did not know that you were a "whale" Hairy.


I though that you were a mediocre fish, and fit into this lil' WO club?

 

Hahaha I’m no whale.  My puny fish stop orders are getting mixed up with whale market orders and I’m getting executed last.  Trying to avoid market orders on Bitmex for this reason - you get really screwed. 

[JayJuanGee]

when you realize that ethereum has a fork jan 16th and needs a healthy bitcoin to support the pump...same whales always in sync.

oh ffs ... the crypto fork shit is getting old..... that was soooo 2017

jeeezus, I love posting in this thread with no hat. Now I feel special.

btw... where the phuk is wordyman?

Hahahahahaha

So nice to be missed.  

... but wtf is JJG?

VR type holidays, sponsored by BTC

Just had too many things to wrap up at the end of the year that carried into the new year.... mostly out of the crunch-period, now.  Not BTC related.

[kenzawak]

Bitcoin BTC Transaction Fees Are at Their Lowest in Six Years

https://www.longhash.com/news/bitcoin-btc-transaction-fees-are-at-their-lowest-in-six-years


"Bitcoin’s fees have historically increased when the network is under high demand. That is why the median cost per transaction rose exponentially alongside the currency’s explosion in price in late 2017. At that time, the median fee per Bitcoin transaction reached as high as 226,000 satoshis on December 22, 2017, according to information sourced from Bitcoin Visuals.

On January 1, 2019, on the other hand, a Bitcoin transaction had a median fee of just 660 satoshis. If this sounds like a lot, it might help you to hear that the rough equivalent in USD is around $0.02."

[rebal15]

Just curious... What you guys would say is the probability YOU give to Bitcoin to be over $10.000 at any moment during the next 4 years? honestly.

About 75% - ish - give or take a few percentage points

Just curious... What you guys would say is the probability YOU give to Bitcoin to be over $10.000 at any moment during the next 4 years? honestly.

High. But I think it's going to be long road with much adversity. Despite it being half the ATH, I think a return to five figures will be the equivalent of getting back over $1000 and that was a three year grind. It'll be a huge hump that needs taking out and once it is a great deal of confidence will flow back in from the outside.

Huh?  

Getting above $10k would be like getting above $700 in 2016.. Not $1k.  It is not as difficult, but still far from certain.... I will stick with my 75% estimate - yet, even, leaning towards the upside..towards 80%, perhaps?

@bitserve

Some think 100% for very real, cause Some are real ALL IN with BTC......

That is called gambling.... and would be dumb - even though quite a few people think like that.

"10k next year, more than 20k next 4 year" because bitcoin ETF will not be approved and gov will not regulat exchanges.

[vroom]

thanks JJG, I like your new style. people will now actually read your posts

[Lambie Slayer]

so if you are not sheep, your post will be deleted.

Your post will be deleted if you're a stupid, arrogant prick.

My posts have been deleted for saying bitcoin ETF will not be approved.

You cannot say things that threaten the value of crypto bags. Also, gregarious behaviour and thinking is powerfull stuff to fight against. You will be hated and possibly definitely set on fire even

Yes, we love our Bitcoins and our new born Bull Market here so infidels should expect very bad things!

[realr0ach]

The significance of this runs way back to the country’s 40-year-old grievance with France’s private banking system. The French government borrows from them and is forced to repay with high-interest, plunging the country into further debt.

Holy shit. That sounds like something from the daily stormer. France has to borrow its money from the Rothschilds with interest?

#inr0achwetrust

[Lambie Slayer]

The significance of this runs way back to the country’s 40-year-old grievance with France’s private banking system. The French government borrows from them and is forced to repay with high-interest, plunging the country into further debt.

Holy shit. That sounds like something from the daily stormer. France has to borrow its money from the Rothschilds with interest?

#inr0achwetrust

Yes, we trust Virgin Roach's 3 favorite sites, Gab, Dailytarder, and Stormfront, all use Bitcoin to survive and love Bitcoin. They also actively work to spread its adoption to white nationalists, Nazis, alt righters, right wingers, etc. Any Nazi worth their salt is a Bitcoin believer and hodler. Antifa uses Silver bc its good for sneaking up on people and hitting them in the head at public events and they cant afford real weapons. Too bad you dont stand with your Nazi brothers and support Bitcoin Virgin Roach. Hitler would put you in a camp if he was still here.

We trust the new bull market to do its thing. Almost about to break the 500 days left mark!!!
 http://www.thehalvening.com/

[Toxic2040]

1 to 5 trillion dollars flowing into Bitcoin is a modest estimation 

I think so too.

Today in 2018, there is approximately 2.5 billion oz of Gold Bullion and 4 billion oz of Silver Bullion in the world. At current gold spot prices, there is about $3.3 trillion USD in gold bullion in the world, while there is just under $70 billion USD in silver bullion being held by global investors and governments.

Respectively both these silver and gold bullion valuation sums (especially with silver bullion) are dwarfed by the total valuations for debts, real estate, fiat currencies, and derivatives worldwide.

2,500,000,000*$1,282.38=$3,205,905,000,000 total gold valuation

$3,205,905,000,000/17,470,963 total bitcoins in circulation = $183,501.62 valuation capturing 100% of the bullion market.

50%=$91,750.81
25%=$45,875.40
12.5%=$22,937.70
6.25%=$11,468.85
3.125%=$5,734.43
1.5625%=$2,867.21
0.78125%=$1,433.61

We have captured and hedl just over 2% of the bullion market, down from nearly 10%?..we still have plenty of room to grow. Does a 10% to 20% share sound unreasonable within 10 years? Not at all.

I would also like to add that this is just a small slice of the larger equities market that is shown above. Gaining market share throughout broad money and multiple asset classes seems more probable that not to me over the long term.

Taking even a small percentage of these markets will see bitcoin grow by orders of magnitude.
Monetary supply of 120 trillion = $6,868,539.53 per coin
Just taking the top tier of the derivatives market equals roughly 1.4 quadrillion = $80,132,961.19 per coin

I would be quite happy with even .10 of percent of $1,400,000,000,000,000

$1,400,000,000,000/17,470,963 = $80,132.96 per bitcoin

Meh..dont mind the idle ramblin's..it helps me put things into perspective sometimes.

[JayJuanGee]

Out of merits now
Merit sources where art thou
I need more merits

Not a merit source but sent you couple. I am silent wall observer

How do you know if you're a merit source ?

Your merit sending page will look something like this:

"You have received a total of xxxxx merit. This is what determines your forum rank. You typically cannot lose this merit. You have XXX sendable merit (sMerit) which you can send to other people. There is no point in hoarding sMerit; keeping it yourself does not benefit you, and we reserve the right to decay unused sMerit in the future.

You are a merit source. The next XXX merit you spend will come from your source rather than your sMerit balance. Merit spent from your source will come back in 30 days. Unused source merit is wasted. It is not allowed for merit sources to sell their merit."

[Lambie Slayer]

ANOTHER dead body of a gay black prostitute randomly appears in the house of influential democraft:



https://dailystormer.name/second-gay-black-prostitute-found-dead-at-top-democrat-donors-home/

Ahhhh.... Another post of Roach linking his favorite Bitcoin website on Earth.

BULLISH AF

That Buck guy does not sound like a respectable Bitcoin loving Nazi! Sad!

[Toxic2040]

2h


4h

stronghands'19

[kenzawak]

For all dog lovers, like me :

[Wekkel]

[...]
4h
https://i.imgur.com/Frtrxxy.jpg
stronghands'19

I am all for the Weekend Rally towards $4,300.

[bitcoinminer42]

For all dog lovers, like me :

Should be DogeCoin 

[Lambie Slayer]

https://www.zerohedge.com/news/2019-01-08/draconian-french-law-ban-all-protests-pm-announces-major-crackdown-yellow-vests


French are taking drastic steps towards stamping out peaceful gatherings. This is going to push yellow vests towards more clever and devastating protests like synchronized withdrawal of funds. Looks like we might be getting our Cyprus on steroids moment replay much sooner and more powerful than previously imagined.

You know the drill, BTCullish AF Gang!  

[RivAngE]

1 to 5 trillion dollars flowing into Bitcoin is a modest estimation 

I think so too.

Today in 2018, there is approximately 2.5 billion oz of Gold Bullion and 4 billion oz of Silver Bullion in the world. At current gold spot prices, there is about $3.3 trillion USD in gold bullion in the world, while there is just under $70 billion USD in silver bullion being held by global investors and governments.

Respectively both these silver and gold bullion valuation sums (especially with silver bullion) are dwarfed by the total valuations for debts, real estate, fiat currencies, and derivatives worldwide.

<snip>

Taking even a small percentage of these markets will see bitcoin grow by orders of magnitude.
Monetary supply of 120 trillion = $6,868,539.53 per coin
Just taking the top tier of the derivatives market equals roughly 1.4 quadrillion = $80,132,961.19 per coin

I would be quite happy with even .10 of percent of $1,400,000,000,000,000

$1,400,000,000,000/17,470,963 = $80,132.96 per bitcoin

Meh..dont mind the idle ramblin's..it helps me put things into perspective sometimes.

I was also fascinated by how small the crypto-market is, and yet how high we've gone.
Look for example these charts: http://money.visualcapitalist.com/worlds-money-markets-one-visualization-2017/

Before I found the above article, I tried to make my own chart as well (https://bitcointalk.org/index.php?topic=5076475)

[Globb0]

Rotten Tomatoes gave the new feminist doctor who a 100% score.

ive been a who fan since Patrick Troughtons Second Doctor. the show has had its ups and downs, good acting, bad acting. rubber suit monsters you could see the zippers. everything imaginable. buts its (well usually) always had good writing and characters, and good backstories for the characters and the locations. and a strong doctor to lead.

till now.

this last doctor.. shes the weakest character in the current series, never mind as compared to the past doctors in the past.

the doctor is ALWAYS the smartest person in the room. the most take charge person. the person others look to for information and inspiration.

this one. bleh. weak personality, others get to the solutions before she does. huh?? shes one with her "fam.."  wtf?? the doctor is not about the companions, doctor who is about the doctor.

bleh this new doctors hit a nerve as you might tell. ive not even finished some episodes on this series.

its now a politically correct commercial for the SJW. pardon my puke.

back to the old, REAL doctors for me, thankfully my HTPC has a bunch.

Same, I watched only the first one of this series, finally a total loss. For some time they just been traipsing out the usual BBC actors who are in all their shows that's bad enough, and lazy formula every episode is the same somehow. Tipped the balance for me now. Shame.

[realr0ach]

Roach: https://bitcointalk.org/index.php?topic=5094269.msg49126469#msg49126469

You may be right
JayJuanGee may be a nazi
But it just might be a holocaust you're looking for