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

[StartupAnalyst]

JoJo, me out early ....———> into HODLstation

good night WO’s———> small pump, grow my little green dildo’s

Good night Mic.

At the same time, somewhere in the world, something began to move in Bob's pants.

[Biodom]

With all due respect, why are we supposed to repeat prior flat mo for mo?

So far, at a macro level, it matches almost exactly.  Don’t ask me why, I just work here.

Everyone expected a plunge in January because it would be the same as in 2015, but it happened in December instead, so not really almost exactly.
I grant you that there is some similarity so far, but IMHO, this would go away soon.

[bitserve]

With all due respect, why are we supposed to repeat prior flat mo for mo?

So far, at a macro level, it matches almost exactly.  Don’t ask me why, I just work here.

Everyone expected a plunge in January because it would be the same as in 2015, but it happened in December instead, so not really almost exactly.
I grant you that there is some similarity so far, but IMHO, this would go away soon.

One of the bigger differences will probably be that the next bull run won't be as much explosive as the previous ones. Otherwise Bitcoin would reach a ridiculous price... something I don't think will happen with just one single bull run. The curve must tend to gradually flatten. How much? Noone knows.

[BTCMILLIONAIRE]

With all due respect, why are we supposed to repeat prior flat mo for mo?

So far, at a macro level, it matches almost exactly.  Don’t ask me why, I just work here.

Everyone expected a plunge in January because it would be the same as in 2015, but it happened in December instead, so not really almost exactly.
I grant you that there is some similarity so far, but IMHO, this would go away soon.

It could very well have moved ahead by whales anticipating it and not wanting to risk shorting too late.

[jojo69]

dump

DENIED!

[BTCMILLIONAIRE]

dump

DENIED!

jinx in progress

[HairyMaclairy]

Badger doesn’t want to rescue my wee outstanding short.  So sad. Too bad.

[mirakal]

This has been a bullish dump

LOL, looking forward to seeing the opposite, bearish pump?

[BTCMILLIONAIRE]

This has been a bullish dump

LOL, looking forward to seeing the opposite, bearish pump?

Wouldn't that imply a weak pump into a down trend? Getting ready to 80x short?

[Biodom]

With all due respect, why are we supposed to repeat prior flat mo for mo?

So far, at a macro level, it matches almost exactly.  Don’t ask me why, I just work here.

Everyone expected a plunge in January because it would be the same as in 2015, but it happened in December instead, so not really almost exactly.
I grant you that there is some similarity so far, but IMHO, this would go away soon.

One of the bigger differences will probably be that the next bull run won't be as much explosive as the previous ones. Otherwise Bitcoin would reach a ridiculous price... something I don't think will happen with just one single bull run. The curve must tend to gradually flatten. How much? Noone knows.

We keep declining above 80% (84-94%) after each peak, however, we increase smaller and smaller % in each cycle.
This would result in a lower low after a couple of cycles.
If the decreasing trend in X-factor increase of each peak (X36 to X17 to X8 to X3.76 to X1.77; bold numbers indicate what already happened) is followed by about 84% plunge each time, then btc would peak at about 595K and then starts declining with lower lows for both peak and trough each time 595K (peak) to 95K (trough), then 95K to 168K (peak), then 168K to 27K (trough), etc.

[jojo69]

[Paashaas]

[Paashaas]

https://twitter.com/RedditBTC/status/1100683757546287104

paashaas how many nodes do you have running? 

Actually, i am quite suprised by the amounth of people in The Netherlands running a node.

I use a Casa Node. Pretty much straight forward device. I do it for fun, not interested trying to squeez a $ out of it.

[mindrust]

https://twitter.com/RedditBTC/status/1100683757546287104

paashaas how many nodes do you have running?  

Actually, i am quite suprised by the amounth of people in The Netherlands running a node.

I use a Casa Node. Pretty much straight forward device. I do it for fun, not interested trying to squeez a $ out of it.

I don't think those are real people who reside in the Netherlands. (At least not all)

The Netherlands is one of those countries where you usually buy your VPN/Hostings from. Most of those nodes are probably owned by the people who live in other countries.

Might be same for USA too. (Alaska)

Also Germany...

[kenzawak]

Seriously roach ?

https://fxn.ws/2tGPgf6

https://twitter.com/xlm_usd/status/1100977856316887041

[kenzawak]

[Lambie Slayer]

https://www.reddit.com/r/BitcoinMarkets/comments/avmnjs/daily_discussion_thursday_february_28_2019/

gr8ful4
58 points
·
11 hours ago
·
edited 11 hours ago
Without going much into detail, I'd like to share this long term view with you.



"For 8 years I'm trading the multi-year cycles in this market. More than anything else I focus on market psychology. I use TA, FA and SA only to optimize my entries and targets. In short: each cycle, each top and each floor has its own character. Each cycle builds upon an earlier cycle.

Knowing the character and knowing the development path ahead can give incredibly detailed insights into what to expect next.

Looking at how we broke down from 6k compared to earlier huge break downs lets me assume that the market participants were prepared for such an event. They even anticipated it. No one even tried catching the knife. They just let it fall.

There was only one true capitulation event in BTC history and it was back in 2011. 2013 was a short lived capitulation event triggered by a shitty and lagging exchange which exaggerated every move. 2015 capitulation was forced by Mt. Gox and other exchange hacks. What seemed a "true" capitulation to most was the best buying opportunity for insiders ever.

After loading up in late 2011. I accumulated vast amounts in the first half of 2015. Back then BTC was still small. Some thought it was dead, but seeing the infight between all the fractions in the ecosystem made it clear, that they are fighting for something very valuable!

Back to our anticipated capitulation event of late 2018. I think there is no one seriously doubting anymore that cryptos are here to stay. That means a true capitulation event is (almost) impossible to occur after it already lost 84%. The only thing that can happen is media manipulation of the masses. But people seeing institutions adopt "blockchain" at every corner aren't stupid and won't give in easily. That said there is tremendous risk for market makers and whales to push price below a certain point, because they always have to factor in re-accumulation + ideally some margin for profits to make the effort worthwhile."

[kenzawak]

https://twitter.com/WhalePanda/status/1100011364460957697

[JayJuanGee]

Aaaah you’re that other JJG account
I knew he had multi accounts and peeps cruising the forum


and always accusing other people ..........................

He hardly accuse other people of having multi-accounts, but he has suggested, several times, that micpeep might better be understood as either micteam or perhaps mic-astroturf.       

[Phil_S]

2x per year lines, update: