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

[smartcomet]

South Koreans Invest an Average $6,000 in Cryptocurrency, Says New Survey

https://news.yahoo.com/south-koreans-invest-average-6-100800603.html

"7.4% of the 2,500 adults surveyed said they had bought cryptocurrency.
...
Compared to 2017, the average investment per person shot up 64% to over $6,000"

According to the survey, it was older investors who were the most common crypto buyers — those in their 50s, followed by 30-40-year-olds.

The past 10 years bitcoin adoption:
cypherpunk adoption
speculator+ programmer+miner  adoption
youngerster adoption adoption

Now:
individual(50+, 30-40-) inverstor adoption.
That means individual is richer, buys more bitcoin. I guess the number will reach 100M users(bitcoin addresses richer than 100 usd$) in 5 years.

There are only 5M bitcoin addresses richer than 100 usd$, and 15M richer than 10 usd$ . If bitcoin price X10, there will be 15M addresses richer than 100 usd$. So there are 85M new addresses needed.

facebook users 1600M  + wechat users 800M
There are about 2500M internet users in 7000M population.

5M bitcoin users is only 0.2%, we are in the Innovators stage of S-Cure.
100M bitcoin users is only 1/25, that is 4 %, so we will be still in the Early Adopters stage of S-Cure in 5 years later.

In the future:
the crowd adoption

[smartcomet]

South Koreans Invest an Average $6,000 in Cryptocurrency, Says New Survey

https://news.yahoo.com/south-koreans-invest-average-6-100800603.html

"7.4% of the 2,500 adults surveyed said they had bought cryptocurrency.
...
Compared to 2017, the average investment per person shot up 64% to over $6,000"

According to the survey, it was older investors who were the most common crypto buyers — those in their 50s, followed by 30-40-year-olds.

The past 10 years bitcoin adoption:
cypherpunk adoption
speculator+ programmer+miner  adoption
youngerster adoption adoption

Now:
individual(50+, 30-40-) inverstor adoption.
That means individual is richer, buys more bitcoin. I guess the number will reach 100M users(bitcoin addresses richer than 100 usd$) in 5 years.

There are only 5M bitcoin addresses richer than 100 usd$, and 15M richer than 10 usd$ . If bitcoin price X10, there will be 15M addresses richer than 100 usd$. So there are 85M new addresses needed.

facebook users 1600M  + wechat users 800M
There are about 2500M internet users in 7000M population.

5M bitcoin users is only 0.2%, we are in the Innovators stage of S-Cure.
100M bitcoin users is only 1/25, that is 4 %, so we will be still in the Early Adopters stage of S-Cure in 5 years later.

In the future:
the crowd adoption

[infofront]

New poll! Very enjoy! Much pleasure! Such choice!

Go fuck yourself Tone Vays!

[dyask]

I voted for 1 to 5% for the bottom being in.   You all owe me now because when it comes to these kinds of predictions I'm always wrong! 

[infofront]

Tyler Jerkstore can go screw a light socket too!

[LFC_Bitcoin]

Tyler Jerkstore can go screw a light socket too!

Looks like a creepy, old pedophile.

[Toxic2040]

[HairyMaclairy]

^ sir, ty

Rubbish...not one Observer report. How are we supposed to take this seriously?

Challenge accepted

the bottom is in:

45% Last of the V8s

WO prediction challenge accepted. Everyone please accept the challenge, quote, and add your percent certainty.  

Bottom is in.

98% Lambie Slayer

80% confident of bottom with 20% chance of a flash crash. Almost zero percent chance of a sustained low.

[Paashaas]

But where will you hide it?

FFS man

I’d rather stick it in a condom & push it up my ass hole than try this

In the hospital a nurse will put a thin long plastic tube into your dick so your pee can flow into a bag.

Back in 2011 i had a major knee operation and i had one of those peebacks..... it hurts it was pure horror

[Toxic2040]

testing resistance for a higher high and possibly $5.5k+  #dyor

1h


D

#stronghands'19

[HairyMaclairy]

Golden cross achieved on Bitstamp on 50 / 200 MA daily

[JayJuanGee]

https://twitter.com/RedditBTC/status/1118567010693201922

With illegal country...

loc.gov

Even more so, the majority of people out there that still believe that Bitcoin^TM the Company had a CEO Mark Karpeles that got arrested.  So the original CEO and founder, Craig Wright, had to come in and set the company straight.    

The FUDsters have hardly had to work at it, the misinformation works on it's own... it's no wonder that after 10 years we're still where we are.  

You sure are positive, Torque.


not

I have been thinking that bitcoin is in quite a good place, and satoshi, speaking of satoshi, seemed to have anticipated that there would be a lot of snake oil bitcoin imitators (which includes fucktwats like Craig Wright making all kinds of juvenile attempts to beg, borrow and steal in the scammiest of ways, even if satoshi did not foresee specifically how the snake oil imitators and the conmen would play out their stupid-ass distraction games, Bitcoin remains quite attack resistant, and its current trajectory seems to be in the range of good to great  - with few reasons for any of us HODLers and accumulators to become all depressed and negative regarding "where we are at." 

These matters take time, including potentially long and drawn out price corrections - and this one seems to be towards its turning around phase, rather than the uncertainties of where we were at in late November and early December time frame.

TLDR:  Cheer the fuck up, Torque!!!!  and shake some of your negative nancyisms... 

[yefi]

And. here. we. go?

[jojo69]

aaaaaand there

is a higher high




nice call toxic

[Biodom]

Tyler Jerkstore can go screw a light socket too!

Voted 76-80%, if anyone is interested.
That Tyler fella might be right...in the end, earth would be engulfed in flames of expanding sun (5 bil years, but life on Earth is projected to end in about 0.6-1bil years due to the loss of water caused by increase in solar activity)...and then there are galaxies running away from each other...and then matter disintegrating... black hole evaporating...so in a LOOONG term scenario, everything goes to zero.

[DaRude]

CCMF!

[AlexGR]

What sites are you using as alternatives to bitcoinwisdom?

[GreatArkansas]

Rekt it baby.

[JayJuanGee]

Terrible comments but I love ferrell so into Holmes and Watson

Meanwhile BTC keep going your granted to take a RUN UP

 I like a Pharrell too - so into hats



 Where the hell is JJG?  He's ducking out on his Thursday responsibilities!

I always thought it was all about him to shut the f*ck up on thursdays

Am I wrong again?

 No that's exactly right but he has to say something first otherwise it's no fun!!

I will try not to miss my appointment this week.  Hopefully.     




You fucks!

[yefi]

What sites are you using as alternatives to bitcoinwisdom?

bitcoinwisdom.io and cryptowat.ch for me.