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

[Raja_MBZ]

what a community 

Everyone here is like Siberia's bitcoin grandmother (babushka):

(Grandma's hodling rule at 2:43)

Bitcoin Babushkas: Cryptocurrency mining in Siberia - BBC News

https://www.youtube.com/watch?v=BCeEjG3L-KM

[El duderino_]

From current prices what crypto do you think will 10x first, Ethereum or Bitcoin?

Just get out with your ETH, nobody care’s in here
Probably grin or how it is called

[Dig Bicks]

From current prices what crypto do you think will 10x first, Ethereum or Bitcoin?

Just get out with your ETH, nobody care’s in here
Probably grin or how it is called

People in here keep talking about that overhyped Grin shit that will most likely die out so I can talk about ethereum

Bitcoin is #1 in my book but the goal is to make money, the alts always pump harder when the bull starts.

[g-uid]

what a community 

Will make the $100,000 party all the better 

Where is this being hosted anyway?

[Biodom]

Repost of a classic chart (source unknown):

Leading up to halving price starts to move. Maybe it's different this time.

My major objection to that graph is that the underlying cause of cyclicality is obviously the halving process (so far).
Considering that halvings are on the same four year schedule (or about), why would bull/bear cycles suddenly increase in duration at this moment in time?

Secondly, that graph is internally inconsistent. If cycle duration is increased by roughly 40% in the next iteration, then why the bull period before the halving is not increased by the same proportion. last time bull started in Sept 2015, halving was in June 2016, so bull started 9 mo prior to halving. Applying 40% duration increase would give us roughly 12.5 mo or about April 2019 bull start, not October.

However, IMHO, next bull would probably be the last one (or penultimate) driven mostly by halvings because at some point we would have to transition to a situation where miners make money mostly from tx and not from block mining.
That could result (at some point) in a bear market being longer than preceding bull.
Hopefully, it won't happen until ATH is 200K-600K.

Plus, pretty please, with sugar on top, Mr Market, could you give us some time for distribution (on top)?
All I ask is two weeks, tops....pleeese.....<Mr Market is silent>

[Last of the V8s]

[Hyperjacked]

Well just checking in and I see ppl are still crazy 

[bitserve]

From current prices what crypto do you think will 10x first, Ethereum or Bitcoin?

Just get out with your ETH, nobody care’s in here
Probably grin or how it is called

People in here keep talking about that overhyped Grin shit that will most likely die out so I can talk about ethereum

Bitcoin is #1 in my book but the goal is to make money, the alts always pump harder when the bull starts.

I will give you an honest answer: Maybe ETH sooner *IF* Bitcoin goes into a bull run... but also take into consideration that ETH also has *WAY* higher probabilities to do -10X (minus) than Bitcoin. Your money, your call.

[Slow death]

From current prices what crypto do you think will 10x first, Ethereum or Bitcoin?

Both ETH and BTC will not make 10X so forget 10X and get into seeing bitcoin being used as a means of payments worldwide, this should be our main objective

[El duderino_]

what a community 

Will make the $100,000 party all the better 

Where is this being hosted anyway?

When the time is their .... Then our host Will invite those he wants to be there and let us know......
But I think stripes to be invited by him, are not an easy walk in the park

[Raja_MBZ]

Why two merits for this image? What am I missing here?

[Hyperjacked]

Why two merits for this image? What am I missing here?

Bart gets one merit and so does spongebob... Really?

[LFC_Bitcoin]

Why two merits for this image? What am I missing here?

Price movements like Bart’s hair

- Bart
- De-bart
- Bart
- De-bart

We’ve been stuck in this shitty range for ages now

Up, down, up, down, up, down in small (ish) increments

[Hyperjacked]

Why two merits for this image? What am I missing here?

Price movements like Bart’s hair

- Bart
- De-bart
- Bart
- De-bart

We’ve been stuck in this shitty range for ages now

Up, down, up, down, up, down in small (ish) increments

And falls off a cliff!

[Biodom]

Why two merits for this image? What am I missing here?

Going from hopeful optimist Bart to worrywart SpongeBOb explains some setups very well.
I certainly have both mindsets fighting all the time (at least during bear; in bull, I am all Bart with a large doze of Homer).

[Raja_MBZ]

Why two merits for this image? What am I missing here?

Bart gets one merit and so does spongebob... Really?

...and what about the third one?

EDIT: There are four now!

Why two merits for this image? What am I missing here?

Price movements like Bart’s hair

- Bart
- De-bart
- Bart
- De-bart

We’ve been stuck in this shitty range for ages now

Up, down, up, down, up, down in small (ish) increments

Understandable; BTW, Wall Observers sometimes (or maybe mostly) forget the real value of a "merit".

[El duderino_]

Why two merits for this image? What am I missing here?

just because he’s the V8 bro

via Imgflip Meme Generator

[criptix]

From current prices what crypto do you think will 10x first, Ethereum or Bitcoin?

Just get out with your ETH, nobody care’s in here
Probably grin or how it is called

What is grin?

Didnt read anything about it so far - what is the hype based on?

[Last of the V8s]

From current prices what crypto do you think will 10x first, Ethereum or Bitcoin?

Just get out with your ETH, nobody care’s in here
Probably grin or how it is called

What is grin?
Didnt read anything about it so far - what is the hype based on?

https://bitcointalk.org/index.php?topic=5090427.0
theymos is a fan ---> hype

[kurious]

https://bitcointalk.org/index.php?topic=5090427.msg49266991#msg49266991
theymos answered some of our Grin musings ... and more

Nice one - interesting read!

I don't doubt that it will be one big flop. I don't see how this is going to work without a nearsighted plan.

The first few hitting an exchange for sale will probably do a mini Zcash start (silly price, then down). 

However, this is a long-anticipated totally new tech and is already of interest - it's not an ICO, not dependent on a system or corporation to exist, no premine, with a bunch of enthusiastic, smart devs. 

So it's idealistic enough for purists, interesting enough for speculators and is one of the more watchable launches if nothing else.  Time will tell.