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

[Last of the V8s]

uh
bubble

[1713563229]

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[mdayonliner]

I'm going to have dinner, the best of dinner, a wine tasting.

Take care of the fort and BTC.

$5,313 and taking good care  

Based on this daily fractal we should get another chance to buy $BTC at $4600-$4800 levels before the next run to $6800.

Similarities in both candles and volume.

[Scheede]

^
No my brothers wrong and wrong

long story short, I´ve never seen it before and now wasted my entire daily data-volume on Google Pic-search, resuming in aknowledging that I am not smart enough using it. So my guess in the dark is "somewhere in The Hague", but I can´t tell why

[El duderino_]

Thanks Kylapoiss, LFC, Globb0 to keep replying @the MS thread, or is it the saturday b00z talk

[El duderino_]

^
No my brothers wrong and wrong

long story short, I´ve never seen it before and now wasted my entire daily data-volume on Google Pic-search, resuming in aknowledging that I am not smart enough using it. So my guess in the dark is "somewhere in The Hague", but I can´t tell why

No man, next tip comes soon .... and zundert?? Only a sauna place there not....

[infofront]

https://twitter.com/100trillionUSD/status/1119358330739331074

New #bitcoin chart: Stock-to-Flow Multiple

Like the Mayer Multiple (bitcoin price / 200w moving average), SF Multiple (bitcoin price / SF model price) indicates tops and bottoms.
- ATH 2011, 2013, 2017 is 3-13x
- bottom after ATH = 50%
- after halvings price lags SF model price

https://twitter.com/gravitywave2/status/1119310237658439681

An alternative view of @100trillionUSD's stock-to-flow/price relationship showing how price oscillates around the fundamental prediction of scarcity-based market value. Big thanks to planB for doing the work on that, and to @saifedean for popularizing the SF concept.

It's happening, history will repeat itself again, beautiful graphics.

Good Morning WO,s !!!

Thanks for this post. I enjoy these discussions that look at the big picture. I find the day to day wall observing a little boring  

Anyone else find it odd that the last bubble topped out at such a low price?
If the bubble tops were decreasing at a linear rate, then the last bubble would've topped out at a SF multiple of about 8x, or a price of ~$44,000, according to the SF model (see stock-to-flow chart above). Even if the bubble tops were decreasing at a logarithmic rate, I wouldn't expect it to go from 14 to 11 to 3.5.

There's a lot of debate on crypto twitter (CT), BTCtalk, etc. about the long term logarithmic growth cycle, decreasing volatility, etc.  I touched on some of this in my previous lengthy (for me) post

An alternative explanation to a very predictable logarithmic growth cycle was offered by @filbfilb a few months ago He shows how s-curve adoption isn't quite as neat and clean as we like to think. There are fits and starts:



If bitcoin follows a similar pattern to the number of internet users, it would follow that we would see periods of higher growth interspersed with periods of lower growth. The relatively low SF multiple of the previous bitcoin bubble thus shouldn't look too out of place. Fundamental reasons for the weak bubble include network congestion, and congestion in fiat onramps (exchanges couldn't handle all the new users).

The next time bitcoin goes parabolic, in 2-3 years, these problems should be mostly solved. The old exchanges upgraded their infrastructure, and we'll have Bakkt, Fidelity, etc., more importantly. On the scaling side, we'll have more users and exchanges using segwit, we may have Schnorr signatures, more exchanges will be using batched transactions, and we may see some mainstream exchanges using LN and other second layer solutions.

In conclusion, I believe our growth may look less like this:



and more like this (credit to @filbfilb, edited by me):

[El duderino_]

via Imgflip Meme Generator

via Imgflip Meme Generator

^
Next typ arrived @endstation my boy (better friend and Hodler) organised a party @this location where is me and cryptoqueeen ??

[Scheede]

via Imgflip Meme Generator

via Imgflip Meme Generator

^
Next typ arrived @endstation my boy (better friend and Hodler) organised a party @this location where is me and cryptoqueeen ??

find MicG @Eindhoven - who´s out there to check the nightclubs?

[El duderino_]

^Haha if so Then come and join @ evoluon

Its a museum and nightclub for I think only 1 night

[Scheede]

^Haha if so Then come and join @ evoluon

Its a museum and nightclub for I think only 1 night

Aaahh, so you´re IN THE UFO? #noconspiracy

Well, would indeed join in for a beer or 3 if I would be 2000 km closer to it 

Anyway enjoy it, and maybe somebody else will stumble over the post before you leave the place.

[El duderino_]

^Haha if so Then come and join @ evoluon

Its a museum and nightclub for I think only 1 night

I can't stand nightclubs, there only good if you're single and trying to get a club slut.

Indeed and exactly what i’m thinking about it... but my friend wanted to organise something, so I must show my face.... I did only go with my GF so we can leave early... its not my scene as well ....
But when a friend does something, and he appreciate me being there Then I Will always go

[Danslip]

I'm going to have dinner, the best of dinner, a wine tasting.

Take care of the fort and BTC.

$5,313 and taking good care  

Based on this daily fractal we should get another chance to buy $BTC at $4600-$4800 levels before the next run to $6800.

Similarities in both candles and volume.

Looks good. Is this analysis done with Elliot wave theory? AFAIK the first and third legs should be equal. Maybe 6800 will complete the next lege of the price movement.

[Last of the V8s]

Jesus is coming

[Butterscotch Cartman]

Jesus is coming

Bitcoin Jesus? Aka roger ver......................

[Last of the V8s]

I suggest that we have an official Wall Observation logo that we all agree on (or vote for through representatives, I don't want randos voting via a poll)

Essentially I want something dope on a shirt and a car magnet and this is a complicated way to get it.

Representatives would be easy to pick:
JJG
MicGoosens
LastotV8
Iben
LFC
Infofront
Jojo
Toxic
Bob
Jbreher
Homer
Myself

If im missing someone let me know

I figure we can those with an artistic touch make a few and buy a few on Fiverr if they don't come out complete ass.

Compile and vote.

oh hey thx x2

i believe they were kinda discussing this https://bitcointalk.org/index.php?topic=178336.msg50549214#msg50549214
thru to here https://bitcointalk.org/index.php?topic=178336.msg50550172#msg50550172

A bear with a red light saber and a bull with a green dildo.
+ hats
+walls
...

[El duderino_]

I suggest that we have an official Wall Observation logo that we all agree on (or vote for through representatives, I don't want randos voting via a poll)

Essentially I want something dope on a shirt and a car magnet and this is a complicated way to get it.

Representatives would be easy to pick:
JJG
MicGoosens
LastotV8
Iben
LFC
Infofront
Jojo
Toxic
Bob
Jbreher
Homer
Myself

If im missing someone let me know

I figure we can those with an artistic touch make a few and buy a few on Fiverr if they don't come out complete ass.

Compile and vote.

Would be Nice and I guess XhomerX would be the man for design imo

[El duderino_]

^Haha if so Then come and join @ evoluon

Its a museum and nightclub for I think only 1 night

Aaahh, so you´re IN THE UFO? #noconspiracy

Well, would indeed join in for a beer or 3 if I would be 2000 km closer to it 

Anyway enjoy it, and maybe somebody else will stumble over the post before you leave the place.

Yes inside that UFO looking thing..... Dutch members

[Arriemoller]

Heard something funny today when I was shopping, as I was walking down the isle where they keep the ketchup I heard a guy asking his friend.
"What is ketchup really?"
He answered.
"It's  béarnaise sauce for the under class".
I giggled a little.

[Hueristic]

Anyone else find it odd that the last bubble topped out at such a low price?
If the bubble tops were decreasing at a linear rate, then the last bubble would've topped out at a SF multiple of about 8x, or a price of ~$44,000, according to the SF model (see stock-to-flow chart above). Even if the bubble tops were decreasing at a logarithmic rate, I wouldn't expect it to go from 14 to 11 to 3.5.

I blame CME/CBOE.

[Arriemoller]

Jesus is coming
JJG has gone away
Easter is a bliss