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Question: July 28 Closing Price:
<$3,000 - 5 (7.6%)
<$8,000 - 4 (6.1%)
$8,001-$8,500 - 2 (3%)
$8,501-$9,000 - 1 (1.5%)
$9,001-$9,500 - 9 (13.6%)
$9,501-$10,000 - 5 (7.6%)
$10,001-$10,500 - 6 (9.1%)
$10,501-$11,000 - 12 (18.2%)
$11,001-$11,500 - 6 (9.1%)
$11,501-$12,000 - 3 (4.5%)
$12,001-$12,500 - 3 (4.5%)
$12,501-$13,000 - 2 (3%)
$13,001-$13,500 - 1 (1.5%)
$13,501-$14,000 - 2 (3%)
>$14,000 - 2 (3%)
>$18,000 - 3 (4.5%)
Total Voters: 66

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21296006 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. (102 posts by 19 users deleted.)
Lauda
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April 03, 2019, 07:32:46 PM

again congestion in bitcoin because of a small block

Komodo has an automatic adjustment of the block size https://www.kmdexplorer.io/charts/block-size
Komodo can royally fuck off together with the mentally diseased bcash/bsv baboons. When it comes to scaling technology, I'll be better off consulting with Patrick Star. Redone.
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How much alt coin diversification is needed? 0%?


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April 03, 2019, 07:33:59 PM

Just for knowing BoB all must be gay-friendly for me or its an absolute NO GO!!!!

Just a "friendly reminder, you don't really "know" bob, just like with any of us. 

You have "met" "his" online persona.   Wink Wink

 Cheesy Cheesy Cheesy

Yeah, but like his online being as many in here, but don’t need to point that @me my Real life is under perfect controll with many real life peeps.....

But one can like Some online talkers or not
And i like a few very much ‘they know for sure’

Is so much lovey dovey healthy?  I wonder.

you love your keyboard

Have you even heard about "non-sequitur"?

plasticAiredale
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April 03, 2019, 07:43:18 PM
Merited by HairyMaclairy (1)

But guys, what's up with the hats? Care to explain?

EDIT: hey a dump, are we re-testing 5K?

Things I don't understand:
  • Hats
  • legendary vs. full member vs. Hero Member
  • how Activity is calculated
  • What merit is, how to get it, why can i only send some of mine?
  • why it burns when i pee
  • why exactly I thought investing in Securecoin and Mooncoin was a good idea

Part of figuring out the answers is recognizing the questions.  You go, plastic!!!!

Thanks JJG! I agree sometimes the best part is the journey, not the destination.

The more I think about it guys, maybe, just maybe, the moon was inside us this whole time!  Grin
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April 03, 2019, 07:48:16 PM

that would explain your/our pee burning...
LFC_Bitcoin
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April 03, 2019, 07:51:24 PM

that would explain your/our pee burning...

NotLambChop was very promiscuous. He could have picked it up from her during the crypto winter 2014.
micgoossens
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April 03, 2019, 07:51:55 PM

Just for knowing BoB all must be gay-friendly for me or its an absolute NO GO!!!!

Just a "friendly reminder, you don't really "know" bob, just like with any of us. 

You have "met" "his" online persona.   Wink Wink

 Cheesy Cheesy Cheesy

Yeah, but like his online being as many in here, but don’t need to point that @me my Real life is under perfect controll with many real life peeps.....

But one can like Some online talkers or not
And i like a few very much ‘they know for sure’

Is so much lovey dovey healthy?  I wonder.

you love your keyboard

Have you even heard about "non-sequitur"?



your just a strange bird, so one has to do strange to be sense-full to you
kingcolex
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April 03, 2019, 07:53:13 PM

Alts may be jumping, but don't worry its inevitable that big daddy Bitcoin is going to stride up to your table and just lay massive dong. All the twitter boys will pump those alt gains back to Bitcoin as they stare in disbelief.

you think?

I have a feeling that this time BTC will be left behind by the shitcoins

You must be new here.   Roll Eyes
What part or the market cycle is it when people come out of the woodwork and shill shitcoins?

+1 WOsMerit


Well looks like the next dip is when we all need to go HAM on the buy orders.
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April 03, 2019, 07:59:14 PM

https://en.wikipedia.org/wiki/Wealth_tax#Current_examples

Quote
Argentina
Canada
France
Spain
Netherlands
Norway
Switzerland
Italy
Do note that the Netherlands don't have a capital gains tax. And their wealth tax caps at I believe 1.6 or 1.8%.
micgoossens
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BTFD, on to 15K a coin !!!!


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April 03, 2019, 08:03:32 PM

https://en.wikipedia.org/wiki/Wealth_tax#Current_examples

Quote
Argentina
Canada
France
Spain
Netherlands
Norway
Switzerland
Italy
Do note that the Netherlands don't have a capital gains tax. And their wealth tax caps at I believe 1.6 or 1.8%.

I don't know what your saying their is right my friend had lot of problem with his BTC-accountability, mainly cause he earned them through poker as well, but he had to shift the world to get into that 1.6 tax range, his new incoming are taxed much more if he wants to state these BTC's....  he kept the previous from last year and before aside on another ledger as the ones he earns now.....

gonna ask him when i see him or maybe other from the Netherlands will help Smiley
LFC_Bitcoin
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April 03, 2019, 08:06:17 PM

https://en.wikipedia.org/wiki/Wealth_tax#Current_examples

Quote
Argentina
Canada
France
Spain
Netherlands
Norway
Switzerland
Italy
Do note that the Netherlands don't have a capital gains tax. And their wealth tax caps at I believe 1.6 or 1.8%.

I don't know what your saying their is right my friend had lot of problem with his BTC-accountability, mainly cause he earned them through poker as well, but he had to shift the world to get into that 1.6 tax range, his new incoming are taxed much more if he wants to state these BTC's....  he kept the previous from last year and before aside on another ledger as the ones he earns now.....

gonna ask him when i see him or maybe other from the Netherlands will help Smiley

I’ve never declared anything on my bitcoin’s. I’ll figure it out when I decide to sell a large %.
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April 03, 2019, 08:10:22 PM

It feels like waking up from a long wintersleep... . (In my case all to true). Bit strange it went again by sudden bumps and not organic growth... .  Wink Wink Wink
There is nothing more organic than a good dose of FOMO.
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April 03, 2019, 08:10:55 PM

again congestion in bitcoin because of a small block

Komodo has an automatic adjustment of the block size https://www.kmdexplorer.io/charts/block-size

Yeah.. the bitcoin situation is really horrible.

Instead of paying less than 10 cents to send anywhere between .2bitcoin and 20 bitcoin, now I have to pay $1.40.. Fuck.  Highway robbery.  Extortion.  Surely, Bitcoin is broken.  

Surely it is NOT worth $1.40 to send between .2 bitcoin and  20 bitcoin.  What is that?  Between $1k and $100k... Cost too damned much.  and outrageous percentages, too.  Anywhere between .14% and .0014%.  Outrageous!!

Furthermore, sometimes it might take an hour for the transaction to confirm too... Bitcoin is broken for sure, and I don't know why the BTC price keeps going up under these kinds of horrible conditions?  People must be dumb dumbs to be buying bitcoin when bitcoin is so damned messed up.. no intermediary, either.. fuck.

again congestion in bitcoin because of a small block

Komodo has an automatic adjustment of the block size https://www.kmdexplorer.io/charts/block-size
Congestion? That says 1.6 mb, current block size is 2mb.

He is probably looking at the wrong graph..... and confused by the HUGE green dildo.
Probably wanting to shill some altcoins pretending to be better through block size.

Should stick the green dildo straight up his ass, and perhaps he will start to realize the POWER of bitcoin?    Cheesy Cheesy Cheesy
micgoossens
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April 03, 2019, 08:13:23 PM



hope some F*** will remember this one .... when they FOMO buying 5-dig and ATH's
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April 03, 2019, 08:13:41 PM

Been thinking:

I have been trying to crunch historical prices of late to see if I can spot patterns between data sets from 2015 and 2019. Patterns that might allow me some kind of edge in future price prediction. And not just so I can win one of MicG's games Wink

Obviously I've been trying this because it's apparent that there are established cycles and even uncannily close ratios that appear in Bitcoin related to halvings, absolute bottoms and ATHs.

Many have predicted this cycle will take longer than previously, saying that cycles appear to be getting more drawn out.

However - there is a simple factor at work here which I think means this is not the case, which is that once something is reasonably predictable then you can reasonably anticipate it. For instance, it's not stupid to postulate that it's usually cold in January in the Northern hemisphere, so you pack warm and waterproof items of clothing if you intend to be there and spend time outside. You cannot predict the precise temperature on a given day - but you know it's a safe bet in January it's going to be cold.

What the hell has the weather got to do with Bitcoin?  Well, the more confirmation that the cycle is looking like it's heading for a repeat akin to the past (as sure as the seasons inevitably change) it follows that more people will feel confident in front-running it.  Logically, if it has bottomed and is now almost definitely going up rather than down, then (equally logically) it's batshit crazy not to buy before it gets more expensive.  Especially as the pesky damn digital things are going to be more difficult to acquire, since the supply is decreasing.  OTC is not necessarily going to be so easy, either - and some miners may perhaps delay selling quite so quickly.  The feedback loop will be powerful with so much media interest and the institutional money around, too.

Now - bear with me? Let me spool back to the post-Gox era and the 'bubble/bust' before the 17/18 one we have just come through.

In January 2015 I did buy at the bottom, but not because I had any god-like foresight. Not at all.

Frankly, I didn't know if Bitcoin would ever come back (did anyone for sure?) However, I was underwater with my investment, so the only thing to do was to buy more to average my cost down and make a breakeven more likely in future.  I wasn't certain, I just felt I had to either sell, or double down, and I didn't want to quit.  So, I steeled myself, trusted my instinct and bought a load more.  With 20/20 hindsight it was probably the best financial decision I ever made, but if you'd said to me then that the bitcoins I had just bought for sub 200 bucks would be worth nearly $20K less than three years later - I would probably have thought you were crazy. Back then this thread had tumbleweed rolling through and sometimes not one post (apart from chart buddy) for hours.

What I am driving at is that today it's just not the same as back then.  Now, we have had bubbles and crashes that look like fractals with some trend regularity being apparent and yes, looking predictable. Now, no one has any illusions that BTC could not easily hit 20K again.  Now, any doubts about increasingly higher prices returning once the bottom is 'obviously' in the rear view mirror will disappear pretty fast.

So, the more the price 'recovers' the more asymmetrical a bet on Bitcoin looks.  5K? A risk? What fucking risk!

Back to my workings on that pattern overlay I mentioned.  Well right now the bunch of models I set up are looking out of sync. Now I may be VERY wrong of course and it's not based on nearly enough data, but it looks to me like it's going faster than it should be.

Certainly some people, including me in my small way, have been steadily accumulating.  Sooner or later of course, no matter what - it had to start to increasingly affect price.  And then, well...  it doesn't take a genius to see that buying now what is already rising again and highly likely to be at a lot higher price level before too long, just makes sense. The feedback loop will be way more powerful. Bitcoin has blown everyone away more than once, fewer and fewer people will be prepared to bet against it anymore. Now, it's got 'previous form'.

And for anyone who has a lot already - it's looking foolish to risk trying price suppression in order to accumulate anymore - not when tens of millions of $ can flip the price up 20% or more in the wee small hours of the morning.

Maybe there isn't so much time left to accumulate at these levels after all?

Also, here's a thing: what if the very supposed 'predictability' of Bitcoin will mean it can't be this time? In a sort of 'Heisenburg's uncertainty principle' way, the very act of having measured it, makes the measurement invalid - as the market is expecting it.

Forgive the long ramble - I am just feeling things are different and any assumptions we have of what 'the cycle' should do and how long it should take are a tad out of date. And I am sure I can't be the only soul on this planet thinking along these lines.

So: what if the common assumptions are indeed totally out of date and it starts running away far earlier than expected?  

Well, I just hope you've already packed your bags for the trip and they are as full as possible.  Don't worry, though - I have a feeling it won't be too cold where we are headed.

In fact, it's probably a good idea to bring your shades.



NB: I sometimes have flights of fancy that are utterly risible, I just wanted to float this for fun. After all, the one thing you can rely on with honey badger - is that it doesn't give a fuck about what you are expecting it to do, right?
DYOR.
micgoossens
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April 03, 2019, 08:15:24 PM

▬▬▬.◙.▬▬▬
═▂▄▄▓▄▄▂
◢◤ █▀▀████▄▄▄▄◢◤
█▄ █ █▄ ███▀▀▀▀▀▀▀╬ ..
◥█████◤
══╩══╩═
 ╬═╬
   ╬═╬
    ╬═╬ 
      ╬═╬   
        ╬═╬  cya l8r bears
          ╬═╬ ☻/
           ╬═╬/▌
           ╬═╬/  \
https://twitter.com/CarpeNoctom/status/1113523899411718145

indeed

$BTC is only a 4x from $20k. easy af Smiley Grin
micgoossens
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April 03, 2019, 08:16:57 PM

People that assume Bitcoin's market cycles will become longer due to the size of market cap forget that adoption is not static and its growth can quickly go parabolic (as in 2017).

IMO, it also underestimates the power of the halving events

https://twitter.com/alistairmilne/status/1113489377181741062
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April 03, 2019, 08:19:50 PM

https://en.wikipedia.org/wiki/Wealth_tax#Current_examples

Quote
Argentina
Canada
France
Spain
Netherlands
Norway
Switzerland
Italy
Do note that the Netherlands don't have a capital gains tax. And their wealth tax caps at I believe 1.6 or 1.8%.
And we very recently where added to the official EU tax-haven list (anything the EU does is more based on politics than factualities, but still a nice accomplishment.)
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April 03, 2019, 08:20:27 PM

Fucking hell - BREAKOUT

$5,251
micgoossens
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BTFD, on to 15K a coin !!!!


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April 03, 2019, 08:21:04 PM



I guess whe all love


^
moments
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April 03, 2019, 08:21:54 PM

Fucking hell - BREAKOUT

$5,251

I think bitfinex died. Or is cryptowat.ch bugy and does not update my bitfinex tab?

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