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

[d_eddie]

While catching up with the WOT, I found several good posts - more than usual - and I sprinkled a little merit powder here and there. I got no time right now, and I'm still 10 pages behind. I like what I'm seeing.

[jbreher]

If we extrapolate the run from 200$ to 20 000$ in just 2 years... Comparing with 2016 the rise from the bottom was 5x, so we get a price of 15K$.

How did 100x turn into merely 5x?

The interesting part is whether the people will be afraid of another crash like in Dec 2017, when we reach 16-18K area (of course 10-12K will be the first major resistance).

Major resistance? I think it more likely that $10K-12K will be the strong signal for noobmoney to FOMO in.

[BitcoinGirl.Club]

Give me some LOL

The world's strongest man in 2019

[jojo69]

Aren't the Annunaki the aliens that brought life to this planet oh so many eons ago? Seems they might be able to do something more intelligent with all that solar energy than diffuse it back out into space.

Not life per se.  Story goes they found bipedal hominids here and spliced in bits of their own DNA to make us more useful.

Perhaps the Au layer was a bridge technology until they could finish their Dyson sphere?

[jbreher]

The EU leadership is just a bunch of cowards that's why they are making deals with Iran. They're scared and hoping they can buy themselves out of a war, which they wouldn't even fight.

Deal was made long ago. Once you make a deal you dont break it.  

Playing devil's advocate for a moment, there seems to be some evidence that Iran never abided by the deal to begin with. Me, I don't have visibility into such matters.

[jbreher]

https://twitter.com/100trillionUSD/status/1091654077182820352

Thanks for updating the WO view of this chart. I like it. A lot.

I usually merit for lulz. But seeing as you are continually running dry...

[jbreher]

CookieMiner Malware Tries to Hack Mac Users’ Cryptocurrency Exchange Accounts, Report

CookieMiner, a progression of OSX.DarthMiner, is a malware targets Mac users, stealing saved Google Chrome passwords, iPhone SMS messages and iTunes backups on tethered machines and more.

https://cointelegraph.com/news/cookieminer-malware-tries-to-hack-mac-users-cryptocurrency-exchange-accounts-report

This is the jungle, beware of the websites you visit.

News report kinda sucks. No mention of any actionable info - as in how to monitor for, if not deflect. Reported by Palo Alto Networks' 'Unit 42' (haha). Their site seems to suggest using their AV product. Go figure.

[kenzawak]

Another exchange going down, Coinpulse this time :

https://www.reddit.com/r/CryptoCurrency/comments/ameout/urgent_coinpulse_is_shutting_down_withdraw_your/

CoinPulse will suspend all trading and deposits from February 1, 2019. We will keep withdrawals open until February 7, 2019.

We are asking all users to withdraw all of their personal crypto assets off CoinPulse Exchange by end of the day on February 7, 2019 to avoid them being locked out during the suspension period.

On February 7, 2019, All CoinPulse Exchange services will be suspended until further notice. No withdrawals will be permitted after this date.

[jbreher]

Another exchange going down, Coinpulse this time :

https://www.reddit.com/r/CryptoCurrency/comments/ameout/urgent_coinpulse_is_shutting_down_withdraw_your/

CoinPulse will suspend all trading and deposits from February 1, 2019. We will keep withdrawals open until February 7, 2019.

We are asking all users to withdraw all of their personal crypto assets off CoinPulse Exchange by end of the day on February 7, 2019 to avoid them being locked out during the suspension period.

On February 7, 2019, All CoinPulse Exchange services will be suspended until further notice. No withdrawals will be permitted after this date.

Hmm. More exchange consolidation. Short term pain.









...







... long term bullish?

[JayJuanGee]

WTF?



Just voted and viewed results.
I can think of a couple of retards, but obviously got three to go.

I wish it does, I can buy more 😊
I am serious.

There is something a bit retarded for anyone claiming to be BTC bullish to want the BTC price to sink an additional more than 70% after it has already gone down 85%.  Such downward price action would not be good for BTC, and likely would cause the BTC crypto winter to drag out for much longer than healthy.

On the other hand, I am pretty sure that sub $1k BTC prices, as long as temporary, would not kill bitcoin even though likely to put a bit of a damper on it for a decent amount of time, if such price suppression could be achieved... Gonna need some sufficient negative news or really convincing FUD for that, me thinks.

[BitcoinGirl.Club]

would not kill bitcoin even though likely to put a bit of a damper on it for a decent amount of time, if such price suppression could be achieved... Gonna need some sufficient negative news or really convincing FUD for that, me thinks.

Bitcoin was killed in the past several times but every time it came back strong. So we are not afraid to be killed again LOL

[JayJuanGee]

........ we could easily have Bitcoin go to zero and be replaced if the US decided to ban it and sanction any countries using it. Regardless of what we would like to think about how Bitcoin don't care and it's a honey badger we are still in the real world. Luckily this is where big investors who have pull and sway in politics in all of the first world nation help us.

It's not our duty to fix the world, but we can be annoyed fuck faces are using it.

I doubt such a "go to zero" scenario would be as "easy" as you think.

There have been nocoiners on the fenceline for years because they believe that governments are going to be ready, willing and able to step in at some point.  Pretty BIG ASS assumptions, there.

[JayJuanGee]

would not kill bitcoin even though likely to put a bit of a damper on it for a decent amount of time, if such price suppression could be achieved... Gonna need some sufficient negative news or really convincing FUD for that, me thinks.

Bitcoin was killed in the past several times but every time it came back strong. So we are not afraid to be killed again LOL

You seem to be quoting me out of context, which was my response to your seeming to wish for sub $1k BTC prices.  I find it problematic that you would be attempting to see some kind of preference for such a price move, even though it could happen, why would any of us HODLers have a preference for such?

[JayJuanGee]

Next bottom at $40k sounds reasonable

Yeah when high is a million

Don’t go retarded ...... +- 240K or something

Actually, you might be correct on this one micpeep.

a drop to $40k from $1million would be about a 96% price drop, and a drop to $40k from $240k would be around 83%. 

A 96% drop does not seem reasonable, especially as the BTC space continues to mature, unless some really crazy and unexpected event(s) happens.

[StartupAnalyst]

[JayJuanGee]

Next bottom at $40k sounds reasonable

Yeah when high is a million

Don’t go retarded ...... +- 240K or something

I'm expecting $50kish as the high, y'all expecting extremely gains run after run.

I will be ok just breaking the previous ATH. You guys are all way too bullish.

Guys, here, were not way too bullish in 2017.  Many guys were predicting $3k to $5k as the high price points, and $10k in some kind of outlandish scenario.  2017 Bitcoin prices left a vast majority of folks here, even the most pie in the sky bullish of them in the dust.

[BitcoinGirl.Club]

Analysts & experts say Bitcoin is in longest “bear market” in history

No �
BTC is in Grandular Cycle the likes the world has never seen. We are in Super Cycle 2 of 4 (2 settings & 4 Cycles). First bear market starts in 2025. This is only a blurb. Smile
Source: https://twitter.com/LandM_Marius/status/1091754260759425026/photo/1

Actually, you might be correct on this one micpeep.

a drop to $40k from $1million would be about a 96% price drop, and a drop to $40k from $240k would be around 83%. 

A 96% drop does not seem reasonable, especially as the BTC space continues to mature, unless some really crazy and unexpected event(s) happens.

It was a sarcasm LOL

[infofront]

Let me tell you a story about the 14/15 bear market. My wife was in her masters program at the time and I needed $5k for tuition. $5k then was 22 BTC. I was in between clients and wasn’t going to be paid for 3 months. So I sold the BTC right? Wrong. I sold my car. Got $6k for it.

https://twitter.com/americanhodl/status/1091192275554562048
^HERO?

The rest of the story is hilarious (and inspiring) too:



What are you willing to sacrifice this bear market in order to win?

[JayJuanGee]

  At the same time there are tens (or hundreds) of millions of people who can afford to buy at least 1 bitcoin but still are hesitant.

I think that it is safe to assert that there are billions of people who cannot afford to buy at least 1 bitcoin, especially since we have 7 billion people in the world, and especially since the number of liquid bitcoin is not very many. 

On the other hand, on an individual level almost anyone can afford to figure out a way to scramble enough resources to buy 1 bitcoin, even if they have to prostitute his/herself.  On the other hand, the more individuals that make such attempt to get their 1 bitcoin, the more difficult it becomes for others to accomplish. 

Accumulate your BTC secretly.  Don't tell anyone.  I am going to stop telling you WO readers that I am accumulating BTC.. hhahahahahahaha.  We are already out of the closet BTC accumulators, in this thread.

[VB1001]

It's Saturday, before going out to dinner, good time to drink Hendricks / Coca-Cola and listening to The Marshall Tucker Band, Album: Carolina Dreams / 1977
(Southern Rock)

https://www.youtube.com/watch?v=qfuM1w_28KY

Regards.