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

[El duderino_]

Hi guys,

Just returned here to see pumpy gifs and memes. I hope you are all well

I humbly suggest you the Permabulls chat on Telegram.
Here we are indulging a little bit on Gif's and meme, there is the only topic and effort.

I'm on there all the time. I'm a regular with another username

Thought you had that amazing Arnold HAT .............

[El duderino_]

Does a long bear market necessarily mean a long bull market?

The one thing one must know = we are in an eternal BULLmarket

[El duderino_]

Btw ...........

[nutildah]

Thought this was pretty funny. Peter Todd on Twitter:

I'm now convinced Craig Wright is Satoshi.

Satoshi took many steps to stay anonymous.

But the most extraordinary step possible would be to make your real identity have a mountain of evidence _against_ being Satoshi. Which Craig has done.

#DontSueMeBro

https://www.twitter.com/peterktodd/status/1126593152318676997

[mindrust]

This is the current golden cross on 100 MA Daily / 200 MA Daily


This is the same format golden cross 100 MA Daily / 200 MA Daily in October 2015

This looks extremely bullish.

If it plays out like how it did in 2016, how many "x" can we get from here? From $300 to $20k, it did 66x last time.

If we manage to get half of what happened the last time, $6.3k x 33 = $200k. Drooling right now.

TA says the next ATH will be minimum $50k, max $100k... So I don't really expect anything higher.

This looks so bullish, I might break my own rules and go FOMO. I am really trying hard now.

[Majormax]

the story always develops in a spiral, the subsequent waves are longer, not the same, so the weekly trend at that time is comparable to the monthly now







I would agree with that premise, of longer waves, but not to that extent. Looking at the whole long term chart, I estimate the peak-to-peaks of 2011-2013 and 2013-2017 being 30 months and 48 months respectively. That would indicate the next p-to-p be roughly 66 months ie 2017-2023 (June).

Its a long wait, but not considering the enormous amount of price work to be done:  the next peak could be upwards of 80k

[Majormax]

If it plays out like how it did in 2016, how many "x" can we get from here? From $300 to $20k, it did 66x last time.

If we manage to get half of what happened the last time, $6.3k x 33 = $200k. Drooling right now.

TA says the next ATH will be minimum $50k, max $100k... So I don't really expect anything higher.

This looks so bullish, I might break my own rules and go FOMO. I am really trying hard now.

From 3200 (not 6300) is equivalent. That gives 'only' 100k . There would be a lot of 'price work' , in many waves, needed, so patience is required. Another 4 years is quite likely (see my post above)

[HairyMaclairy]

If it plays out like how it did in 2016, how many "x" can we get from here? From $300 to $20k, it did 66x last time.

If we manage to get half of what happened the last time, $6.3k x 33 = $200k. Drooling right now.

TA says the next ATH will be minimum $50k, max $100k... So I don't really expect anything higher.

This looks so bullish, I might break my own rules and go FOMO. I am really trying hard now.

From 3200 (not 6300) is equivalent. That gives 'only' 100k . There would be a lot of 'price work' , in many waves, needed, so patience is required. Another 4 years is quite likely (see my post above)

Put it this way. In 2015 we penetrated the 200 Weekly MA which was at $244.  Let’s take that as our conservative bottom, and say that the drop to $1xx was an aberration.   From $244 is about 80x to $19,666.  

80x from $3144 which was slightly below the 200 MA Weekly is about $250k in 2021.

[El duderino_]

This is the current golden cross on 100 MA Daily / 200 MA Daily


This is the same format golden cross 100 MA Daily / 200 MA Daily in October 2015

This looks extremely bullish.

If it plays out like how it did in 2016, how many "x" can we get from here? From $300 to $20k, it did 66x last time.

If we manage to get half of what happened the last time, $6.3k x 33 = $200k. Drooling right now.

TA says the next ATH will be minimum $50k, max $100k... So I don't really expect anything higher.

This looks so bullish, I might break my own rules and go FOMO. I am really trying hard now.

^mindrust NP man just do so .....?

on the other hand TA says max 100K so not expecting more = always flawed with BTC expect the non expectable

[El duderino_]

Congressman Brad Sherman wants to outlaw cryptocurrencies.

He has been in office for 22 straight years. More than twice as long as Bitcoin has existed. Maybe we should outlaw lifelong politicians?!

Thankfully, Bitcoin will be around long after Mr. Sherman


https://twitter.com/APompliano/status/1126595123595358209

What a C*nt

[El duderino_]

^

[El duderino_]

[rjclarke2000]

Hi guys,

Just returned here to see pumpy gifs and memes. I hope you are all well

I humbly suggest you the Permabulls chat on Telegram.
Here we are indulging a little bit on Gif's and meme, there is the only topic and effort.

I'm on there all the time. I'm a regular with another username

Thought you had that amazing Arnold HAT .............

No Arnold hat. I did ask but had no response. I’m not sure I’m here often enough to be worthy of a hat.

[gentlemand]

https://twitter.com/APompliano/status/1126595123595358209

He's one of the first politicians to want rid of it for the 'right' reasons which is a teensy bit worrying, not that it'll get anywhere. It's not about Ponzis or drug dealing. It's about eating the dollar's role.

All of his objections are true. It's a powerful backhanded endorsement of its virtues.

[El duderino_]

Hi guys,

Just returned here to see pumpy gifs and memes. I hope you are all well

I humbly suggest you the Permabulls chat on Telegram.
Here we are indulging a little bit on Gif's and meme, there is the only topic and effort.

I'm on there all the time. I'm a regular with another username

Thought you had that amazing Arnold HAT .............

No Arnold hat. I did ask but had no response. I’m not sure I’m here often enough to be worthy of a hat.

XhomerX made you this one

= avatar sized ...

[Gyrsur]

Demand, Demand Everywhere

[Lauda]

Tulips, fraud, ponzi scheme, dead... slow, inefficient and unreliable... volatile... And yet it threatens to "take power away from the USD"? Interesting.

I'm not the author, sourced somewhere from Reddit. 

[alevlaslo]

I would agree with that premise, of longer waves, but not to that extent. Looking at the whole long term chart, I estimate the peak-to-peaks of 2011-2013 and 2013-2017 being 30 months and 48 months respectively. That would indicate the next p-to-p be roughly 66 months ie 2017-2023 (June).

Its a long wait, but not considering the enormous amount of price work to be done:  the next peak could be upwards of 80k

[kenzawak]

A New Crypto ETF Has Just Been Filed With the U.S. SEC

https://www.coindesk.com/a-new-crypto-etf-has-just-been-filed-with-the-u-s-sec

"The proposed ETF, posted by the SEC on May 9, was created by Crescent Crypto Index Services LLC, a subsidiary of Crescent Crypto Asset Management LLC, to track the performance of a market capitalization-weighted portfolio of bitcoin (BTC) and ether (ETH).

Dubbed the USCF Crescent Crypto Index Fund (ticker symbol “XBET”), the ETF is sponsored by United States Commodity Funds LLC (USCF), which will invest XBET’s assets in the two portfolio cryptocurrencies."

[Gyrsur]

https://twitter.com/APompliano/status/1126595123595358209

He's one of the first politicians to want rid of it for the 'right' reasons which is a teensy bit worrying, not that it'll get anywhere. It's not about Ponzis or drug dealing. It's about eating the dollar's role.

All of his objections are true. It's a powerful backhanded endorsement of its virtues.

+1 sMerit

The old man knows exactly what's going on!