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

[Toxic2040]

What are your 20 year expectations? 

Here is a 20 year plot with the red line in the schiff fork representing the median price along a 4 year halving cycle with the price doubling each block along the x axis. As a permabull I have to constantly temper my expectations with heavy doses of reality no matter how bitter the draught.

 I am not saying things are bitter now..far from it as bitcoin trades on strong support in the $5.2k range tonight. I was just thinking some about some longer term projections and came up the the attached basic plot.

 I honestly think this might be a worst case scenario with the bottom blue line of the fork being least likely, the bottom green line possible: but less likely, the red line median, probable: and most likely. The upper two lines receive the same weight and range of the lower pair, that being less likely.

 I think there will be interesting collisions with the price and what I have drawn here but I am curious what the rest of you think.

 Its not like the high command would actually allow you degenerates a vote mind you..but they always like to know who to get rid of...I mean who they cant trust....scratch that..

  .ehem..where were we...ah yes.

 I think the price is about to move up to around $7.5k as we move towards 2020 and I dont think its going back under that price for the foreseeable future.

 I think the honey badger has one or two more boom/bust cycles once we reach the actual mania phase of adoption with peaks and valleys of course along the y axis. I also think a 10 fold increase in active users, going from roughly 5 million to 50 million by 2025 is beginning to happen as nocoiners become more educated about crypto in general and bitcoin in particular. These order of magnitude increase cycles are something to behold. I guess we have to start somewhere and thought this reasonable for a first swing. Anyway..carry on. 

 We shape our future out of the splinter of the minds eye and the wisps of dreams that eventually become reality.

 On further thought, I think you should buy the dips when possible and #dyor

*All responses will under go algorithmic sampling.


M

*soundtrack for the above production recorded by Captain Twinkle Toe and the GAINZ ™,®,© Eight Track and Cassette available

[HairyMaclairy]

Has anyone seen V8?  


I don’t tend to go ‘out there’.  

https://bitcointalk.org/index.php?topic=178336.msg50483293#msg50483293

Meanwhile am on a trip , so see you guys anon

Ah very good thanks for link.

[nutildah]

You're better off just having children, which are one half you...

Oh-oh...someone did not take their GenBio class seriously  
remember...meiosis...crossingover...random tetrad orientation toward the poles...it is NOT half you,
but rather your mom's and dad's original gamete chromosomes (that made you) recombining (for each pair independently), then contributing half of that mix (randomly, but one from each recombined pair) to YOUR baby.

Yeah, so half. 50% my genes; that's half. I understand its an uneven distribution but it still averages out to about 50% from each parent.

[El duderino_]

@JJG

Calm the F*** down its thursday..... !

[JayJuanGee]

@JJG

Calm the F*** down its thursday..... !

Makes me feel like this:

[El duderino_]

┏┓ 
┃┃╱╲ in
┃╱╱╲╲  this
╱╱╭╮╲╲   house
▔▏┗┛▕▔    we
╱▔▔▔▔▔▔▔▔▔▔╲ 
        always buy Bitcoin,
     regardless of the price
╱╱┏┳┓╭╮┏┳┓ ╲╲
▔▏┗┻┛┃┃┗┻┛▕

https://twitter.com/apompliano/status/1116153513376210944?s=21

INDEED!!

[ProfTP]

quite a dump we got overnight.

lets see how long it takes to recover from this.

its quite good for organic growth to have a healthy correction after yesterdays break of the resistance.

lets go on

we want 1kg Gold parity

[StartupAnalyst]

There's another version of the black hole photo.

[Lambie Slayer]

The longest period we went last year between making new lows was from June 24 till Nov 14 when the 6k floor was destroyed. This was 143 days.

Once we make it to May 8 of this year with out breaking the December 15, 2018 low, then we will have surpassed that period and many more believers will hop on the Baby Bull Market bandwagon. I will consider the Bull Market to no longer be a baby at that point.

May 8 would also be 1 year and 16 days before the coming halving. So a few weeks after we break the 143 day record, we will be starting the 1 year countdown till halving and Hopium smoking will flourish all over the world.

Remember, all band wagons start off with just a few passengers. The Bitcoin bandwagon rewards early riders and its wheels have special Bear killing spikes.


92 days into the new Baby Bull Market and all is well. Happy St Patricks day everyone! Dont forget to pinch a nocoiner.

Only 27 days left of the Baby Bull Market and then our little baby will grow into a young Bull Market. It will be too old to be a baby, but of course not yet an adult. When it is an adult it will be a Raging Bull Market and we will be quickly becoming the new financial elite as Buffet, Dimon, and the rest of the gang begs us to buy our coins.

Enjoy the little fella while you can and fill your bags if you havent yet, they grow up so fast.

[Phil_S]

Stamp is the recognized WO datum of record.

You have to pick something or else price discussions become meaningless. And Stamp is the least bullshit exchange.

jbreher is big on disambiguation, I'm sure he'll understand. 

[El duderino_]

[HairyMaclairy]

Katie Bouman who brought us the picture of the black hole

[BTCMILLIONAIRE]

Katie Bouman who brought us the picture of the black hole

Damn, smart and cute.

[VB1001]

Cobra, Co-owner of Bitcoin.org and Bitcointalk.org

"Bitcoin.org’s Cobra accuses Jack Dorsey’s Square Crypto of pandering to Bitcoiners to promote Cash App"

Cobra accused Dorsey and Square Crypto of pandering to Bitcoin users, while also suggesting that the crypto project is merely a way to bring in more users for Dorsey’s Cash App. Cash App, developed by Dorsey’s Square Inc., is a mobile payments app that announced Bitcoin support last year to great fanfare. Cobra’s tweet read,

https://ambcrypto.com/bitcoin-orgs-cobra-accuses-jack-dorseys-square-crypto-of-pandering-to-bitcoiners-to-promote-cash-app/

[LFC_Bitcoin]

Katie Bouman who brought us the picture of the black hole

Damn, smart and cute.

Too nerdy & plain for me, dawg!

[El duderino_]

Damn can't catch up today. Watched the MU/BAR game and gotta say that MU team looked like shit. But that is only the second game I've ever watched. I was pretty bored most of the time. I haven't figured out quit a few things like why the clock runs up! I didn't have a clue when the time would be up for the end of the game. HA When they started a second clock I figured that had something to do with the end and it didn't look like MU even tried to tie. 1-0 was really a let down. But the Barcelona team looked like they knew what they were doing.

You should have watched the other match. Poor choice on your part

just watch the returns next week, I think there will be fireworks in Man city and in Juventus

But not every game has 4-5 goals.... still Man U-Barca was a bit boring, I expected a bit more....

But don't only look for goals, also watch the game play, passing, accuracy, intensity, geniality etc  (you will get it)

[El duderino_]

gotta run have a good day WO's

[LFC_Bitcoin]

Damn can't catch up today. Watched the MU/BAR game and gotta say that MU team looked like shit. But that is only the second game I've ever watched. I was pretty bored most of the time. I haven't figured out quit a few things like why the clock runs up! I didn't have a clue when the time would be up for the end of the game. HA When they started a second clock I figured that had something to do with the end and it didn't look like MU even tried to tie. 1-0 was really a let down. But the Barcelona team looked like they knew what they were doing.

You should have watched the other match. Poor choice on your part

just watch the returns next week, I think there will be fireworks in Man city and in Juventus

But not every game has 4-5 goals.... still Man U-Barca was a bit boring, I expected a bit more....

But don't only look for goals, also watch the game play, passing, accuracy, intensity, geniality etc  (you will get it)

That Barca team is nowhere near as good as past Barca teams. They look slow & they take chances at the back. Good luck if they leave that much space in the potential semi final vs Mane, Salah & Firmino.

We will tear them a new ass hole.

Edit - On topic, we are going dowwwnnnnnnn!

[HairyMaclairy]

Well this is exciting

[LFC_Bitcoin]

Well this is exciting

Sell side looking exhausted at the moment. 5k being defended valiantly....for now.