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Question: 1/24 Closing Price:
<$32,000 - 22 (23.9%)
$32,000-$33,000 - 10 (10.9%)
$33,000-$34,000 - 2 (2.2%)
$34,000-$35,000 - 8 (8.7%)
$35,000-$36,000 - 11 (12%)
$36,000-$37,000 - 7 (7.6%)
$37,000-$38,000 - 7 (7.6%)
$38,000-$39,000 - 1 (1.1%)
$39,000-$40,000 - 4 (4.3%)
$40,000-$41,000 - 2 (2.2%)
$41,000-$42,000 - 0 (0%)
>$42,000 - 18 (19.6%)
Total Voters: 92

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25073688 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. (157 posts by 13 users deleted.)
fillippone
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May 11, 2019, 04:24:24 PM
Last edit: May 11, 2019, 07:51:20 PM by fillippone



Ok, back of the envelope calculations:

World wealth: 317 Trillion USD
https://www.credit-suisse.com/corporate/en/research/research-institute/global-wealth-report.html

Bitcoins in circulations: 17,700,000
https://www.blockchain.com/charts/total-bitcoins

Hence follows:

Tim Draper's prediction: 1BTC=5%*317,000,000 /17.7=895,000 USD

HODL!
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May 11, 2019, 04:26:23 PM
Merited by 600watt (1), BobLawblaw (1)

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May 11, 2019, 04:27:50 PM

Passed $7000 on Coinbase Pro for a brief amount of time.
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May 11, 2019, 04:28:37 PM

wow 7K some minutes ago
Expected the unexpected with BTC
all hail king BTC!!!!
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May 11, 2019, 04:28:52 PM
Merited by JSRAW (1), MrFreeRoMan (1)

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May 11, 2019, 04:35:06 PM

Interesting characters in this pic .. keep sharing same pic with different text at least once in a week or during any pump.
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May 11, 2019, 04:38:35 PM



outstanding

smerit owed
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May 11, 2019, 04:38:52 PM

Is anyone else bored? I'm bored.
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May 11, 2019, 04:39:27 PM

Daymn bitcorn.
Looks like fomo is getting served! Isn't this where people like Vinny Lingham buy the breakout?

Confession: All in at 6.3k

I think this price action wont quit until its got its prey. Think of all those new investors and peeps that wanted to take a position from the final bounce that isn't happening.  
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May 11, 2019, 04:39:42 PM

Is this growth parabolic or just normal due to the next ATH? Like back in 2013 $10 steps a day were huge and in 2016 $100 steps a day were huge.
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May 11, 2019, 04:41:29 PM
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https://twitter.com/mBTCPizpie/status/1127174270302294016
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May 11, 2019, 04:47:14 PM

Not many coins on Finex after $7k ask books are drying up
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May 11, 2019, 04:53:00 PM

Is this growth parabolic or just normal due to the next ATH? Like back in 2013 $10 steps a day were huge and in 2016 $100 steps a day were huge.
$1000 today is huge but isn't after 10k  Wink 
Looking at bitcoin from a 10 year perspective or even 5, its always been parabolic, right?
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May 11, 2019, 04:54:37 PM
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Is anyone else bored? I'm bored.

You're right. Anything short of $20k is not that exciting.
Let's talk about your amygdala. Tongue
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May 11, 2019, 04:55:17 PM

Seems to be resistance at $7,000, possibly psychological though because ask walls aren’t that big.

Let’s see, I think we’ll break through 7k in the next few hours.
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May 11, 2019, 04:56:15 PM

Seems to be resistance at $7,000, possibly psychological though because ask walls aren’t that big.

Let’s see, I think we’ll break through 7k in the next few hours.
Same Smiley
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May 11, 2019, 04:57:30 PM

Still no correction since we doubled from the bottom though. It should come sometime soon... but when? Just be ready to buy the dip when it happens Tongue

Yep, probably going to be the last good opportunity before we wave goodbye to quadruple figures.
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May 11, 2019, 04:58:57 PM
Merited by fillippone (1)



Ok, back of the envelope calculations:

Market capitalization of listed domestic companies (current US$): 65.66 Trillion USD : 65,660,000 Million USD
https://data.worldbank.org/indicator/cm.mkt.lcap.cd

Bitcoins in circulations: 17,700,000
https://www.blockchain.com/charts/total-bitcoins

Hence follows:
Tim Draper's prediction: 1BTC=3,700,000 USD


HODL!



Not sure how the market share of EARTH can be calculated, as it is definitely not the stock market only.
If you take ALL markets (sans derivatives), then it is about 200-240 tril.
5% of 200 tril is 10tril or about 500-600K/btc.
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May 11, 2019, 05:07:50 PM

Still no correction since we doubled from the bottom though. It should come sometime soon... but when? Just be ready to buy the dip when it happens Tongue

Yep, probably going to be the last good opportunity before we wave goodbye to quadruple figures.
No more correction,just buy it now this is the last opportunity. Cheesy
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May 11, 2019, 05:09:45 PM

Naah, there will be an opportunity to buy the dip when it drops to 50,000.
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