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

[Last of the V8s]

so what will the next big FUD be? they seem to be out of ammo these days.

FATF FUD
https://www.coindesk.com/beyond-kyc-global-regulators-appear-set-to-adopt-tough-new-rules-for-crypto-exchanges

coming in June to correct your bitcoin prices
yay

[El duderino_]

<------ As you see the train is still moving

<----- I'll bet we all are enjoying these days, Eeeeuhm except r0ach maybe?

<------ Then moon what else

[ProfTP]

still hovering on the levels of the last rise.

this is looking stable, it doenst want to go down

solid level for the next rise

SUMMER OF PUMP 2019 coming

Do you think?
I’d rather we had a slow, steadier rise than last time, at least until we reach the halving.

I’m not in the mood for an unsustainable, parabolic rise now if we’re just going to get a major correction again.

I’ve tried to meticulously plan what I’m going to do this time but I’m not really prepared for any kind of selling, at least mentally, until the end of 2020 at the earliest.

Bitcoin will do what it wants to do though so I guess we must be prepared for all scenarios.
I really think 2021 is the time we’ll see fireworks though in this cycle. I think it’s far too early to expect a new ATH this summer.

a new ATH would be nice before the halvening, between 30k and 70k after that a crash down and then a new rise after the halvening.
Adoption is rising and big players are getting into the game. Infrastructure is being buildt and me might get an ETF this year.
Things are set up for a new wave of adaption.
The price looks quite parabolic but yet not too steep, so things are looking quite good.
Nobody knows, i can just say it feels like it going to do something that nobody is expecting

That scenario is very unlikely, and undesirable IMO.  When that sort of parabolic rise ends, another crypto winter is more likely than anything else.

The 2016 chart is more instructive, and that suggests a few pullbacks this year, ending higher but not ATH.

it is unlikely, i agree. But then, who would have guessed that it will rise to 8k till may?
Why would a parabolic rise now and a short crypto winter be bad before the halvening?
the halvening will  cut supply and a rise before that will bring lots of attention to the masses.

I kind of expect a rise to 11+k till July after that it will be unknown, a correction will be sure but after that? How long will the correction last , will it be dripping around 8 and 11k till end of the year or might it spark a little FOMO rise with a bigger correction afterwards?
I dont know, just playing with some possibilities.

[Last of the V8s]

https://twitter.com/hackermaderas/status/1132774476389801989

[fillippone]

https://twitter.com/hackermaderas/status/1132774476389801989

LOL of the day.

[goldkingcoiner]

https://twitter.com/hackermaderas/status/1132774476389801989

death by sky dildo.

It offers 12 minutes of flight time... And then what? Good luck everyone else?

[Last of the V8s]

indeed hovering deadly dildos are most amusing
humor's the only way to deal with our bright, bright future

edit: okay maybe not the only way, but still, terrifying

https://www.oglaf.com/forecast/

[ivomm]

What I learned about Bitcoin in the last 5 years is that the scenario which looks very unlikely with a probability <1% is what actually happens. For those that endured and hodled the Gox crash (cudos for GameKyuubi and many other early hodlers like 600watt) the dream of getting back to $1000 seemed so distant and impossible. A few years later... boom - $20K. And then who would have thought that a year later we will be back to 3000$ with no bad news like Gox?!? Next, who really put a chance >1% to see prices nearly 9K in May? So think of what is the most probable price in 6  months and you will get a result that will be quite far from the reality   We just have to be prepared for any possible scenario even with <1% probability. There are just too many new factors that play an important role. For example: in late 2017 almost every altoin exploded. They took most of the Bitcoin impetus. None of my friends who heard about Bitcoin for the first time actually bought Bitcoins because it looked expensive. They all bought xrp, eth, tron, etc. They didn't listen to me and lost their money. Now the situation is the opposite. Another very important factor is that the next halving is only 1 year away, so there is no room for a prolonged bear cycle. Another new thing is that bakkt and fidelity must buy bitcoins in order to operate. Both will offer a custody of acutal coins. May be they are part of the bull market now, we just don't know that yet. Once these huge regulated markets are operational, why whould SEC deny ETF anymore? And last but not least, for 1-2-3 years more and more average and wealthy users buy and hodl. The inflation rate even now is in favour of the bull run, not to mention after the halving, when it will drop below 2% per year. All I want to say is that any low probability scenario of $30K+ price in the next 6-12 months can not be crossed out. The important thing is not the probability but what will actually  happen!  

[El duderino_]

https://twitter.com/RedditBTC/status/1133147904179417088

[LFC_Bitcoin]

What I learned about Bitcoin in the last 5 years is that the scenario which looks very unlikely with a probability <1% is what actually happens. For those that endured and hodled the Gox crash (cudos for GameKyuubi and many other early hodlers like 600watt) the dream of getting back to $1000 seemed so distant and impossible. A few years later... boom - $20K. And then who would have thought that a year later we will be back to 3000$ with no bad news like Gox?!? Next, who really put a chance >1% to see prices nearly 9K in May? So think of what is the most probable price in 6  months and you will get a result that will be quite far from the reality   We just have to be prepared for any possible scenario even with <1% probability. There are just too many new factors that play an important role. For example: in late 2017 almost every altoin exploded. They took most of the Bitcoin impetus. None of my friends who heard about Bitcoin for the first time actually bought Bitcoins because it looked expensive. They all bought xrp, eth, tron, etc. They didn't listen to me and lost their money. Now the situation is the opposite. Another very important factor is that the next halving is only 1 year away, so there is no room for a prolonged bear cycle. Another new thing is that bakkt and fidelity must buy bitcoins in order to operate. Both will offer a possibility of custody of acutal coins. May be they are part of the bull market now, we just don't know that yet. Once these huge regulated markets are operational, why whould SEC deny ETF anymore? And last but not least, for 1-2-3 years more and more average and wealthy users buy and hodl. The inflation rate even now is in favour of the bull run, not to mention after the halving, when it will drop below 2% per year. All I want to say is that any low probability scenario of $30K+ price in the next 6-12 months can not be crossed out. The important thing is not the probability but what will actually  happen!  

$100,000 per coin - Late 2021 or early 2022.

It’s happening. I hope Bob is inquiring about venues

[El duderino_]

Just noticed a lot of avatar changed back to HATs = massively Bullish indicator!

[El duderino_]

2017 bull run:
- Magic internet money hype

2019 bull run:
- Largest retailers accepting
- Largest custodians storing
- Largest firms trading
- Largest funds investing
- Largest media covering
- Largest government fighting

Which bitcoin run do you think will be bigger?

https://twitter.com/rhythmtrader/status/1133017929459675137?s=21

[d_eddie]

Little DCA just under 8.7k
Will margin long a bit too if it dips another inch

[LFC_Bitcoin]

2017 bull run:
- Magic internet money hype

2019 bull run:
- Largest retailers accepting
- Largest custodians storing
- Largest firms trading
- Largest funds investing
- Largest media covering
- Largest government fighting

Which bitcoin run do you think will be bigger?

https://twitter.com/rhythmtrader/status/1133017929459675137?s=21

I think the big rise will be a year or two later but those points are exactly right.
On the last bull run big players didn’t want to touch bitcoin. Institutional money will flow in this time.
They’ve all seen the ridiculous gains bitcoin can make on a parabolic rise.

We are going to be filthy rich, gentlemen.

I might employ gembitz & r0ach as servants.

[El duderino_]

^
You know add that time you Will have the people laughed add you, later on envied you..... ending buying from you add 50K and +

And all of that going from just a little time back and happening in a foreseeable future, bright times in front of us!

[Last of the V8s]

Just noticed a lot of avatar changed back to HATs = massively Bullish indicator!

Daahling hats are so over, so Fall 2018.
The fashion is now creative self-identity.
Mine seems to be penis substitutes in drab.
Just ask xhomerx - he knows all about that.

[bitserve]

Just noticed a lot of avatar changed back to HATs = massively Bullish indicator!

My signature campaign disappeared as the site that was paying it shut down. (I was getting around $500 a month in btc at the end there) Now I need someone to rent my sig space and let me keep my hat.

$500 a month just for wearing a sig? Where do I have to sell my soul apply for something like that?

[El duderino_]

Just noticed a lot of avatar changed back to HATs = massively Bullish indicator!

Daahling hats are so over, so Fall 2018.
The fashion is now creative self-identity.
Mine seems to be penis substitutes in drab.
Just ask xhomerx - he knows all about that.

Ssssjjjj be quiet and behave, don’t let rising prices drive you mad in the head...!!!!

[Cryptotourist]

I might employ gembitz & r0ach as servants.

A Nazi lover & hermaphrodite. Sick.
Oh & their poor pet:

[AlcoHoDL]

We are going to be filthy rich, gentlemen.

I like your optimism, my fellow Liverpudlian!

It will happen. And we'll all meet at the $100k party.

And screw opsec -- we'll employ bodyguards for that...