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

[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...

[lightfoot]

Meantime if you created paper wallets (even offline) from Walletgenerator.net since last August or so you might want to read this......

https://medium.com/mycrypto/disclosure-key-generation-vulnerability-found-on-walletgenerator-net-potentially-malicious-3d8936485961

Interesting.

[Last of the V8s]

Users from the following countries will not be able to participate in token sales on the Binance Launchpad platform: Albania, Belarus, Bosnia & Herzegovina, Burma, Central African Republic, Democratic Republic of Congo, Democratic People’s Republic of Korea, Cote D’Ivoire, Cuba, Iran, Iraq, Kosovo, Lebanon, Liberia, Libya, Macedonia, Moldova,Serbia, Somalia, Sudan, South Sudan, Syria, Venezuela, Yemen, Zimbabwe, Afghanistan, Burundi, Canada, Cambodia, Ethiopia, Guinea-Bissau, Guinea, Kyrgyzstan, Laos, Malawi, Malaysia, Mali, Mozambique, New Zealand, Sri Lanka, Tanzania, Thailand, Timor-Leste, Trinidad & Tobago, Tunisia, Turkmenistan, Uganda, United States of America (USA), Uzbekistan.

us, nz, ca in fine company there. some of the most civilised places on the planet.

[kenzawak]

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

Or just the consequence of some mixers shutting down and signature campaigns ending.
I bet we'll see some new faces in here too.

[AlcoHoDL]

I wonder how all those dopes who sold at $3xxx feel now? I mean, how dumb do you have to be to see the preceding pattern and still sell at an 80% discount to the ATH?

Last year I introduced Bitcoin to a couple of frends of mine. They bought at $5~6k and sold it all at $3k because, "it's not going anywhere mate"...

People tend to expect an easy gain, and freak out when it drops below what they paid to buy. They neither understand the underlying mechanism, nor do they have the patience to HoDL. They just want a quick profit, and that's exactly why they are the losers of the game.

HoDL!

Hahahahahahaha

Sounds a bit typical, and seems that it is fair for us, here, to make fun of those kinds of folks who are so short-sighted, little ability to remain patient and too willing to buy into the mainstream FUD that bitcoin is either dead or "not going anywhere" as you quoted them to be saying.  Dumb fucks.

I had an in-law that did a very similar thing and made some similar comments to me.

In early 2018, I bought something from him, and I suggested that I would pay him by bitcoin.  The item was a bit over a $100, and the then BTC price was then a bit more than $7k.

I told him that it was likely that he was in a good position, as long as he would be willing to HODL the bitcoin for a few years.  When bitcoin hit $8k, I asked him how those bitcoins were doing, and he went on some kind of rampage that he would have had to sell them at $8k in order to make a profit (which was stupid-ass far from the truth), and that he sold them in late 2018, and bitcoin was his only "loss" for the year.  He said that it was a good thing that he had some losses to off-set his other gains, blah blah blah. 

Anyhow, there is only so far that you can go with those lacking insight and patience, at least in regards to giving any kind of benefit of the doubt to bitcoin - even as a kind of non-correlated hedge... It just might not sink-in, especially if they are already decently established in other mainstream investments and their investment advisors (and peers) are telling them how much bitcoin sucks (of course, investment advisors cannot make fees off of the vast majority of the bitcoin products, especially the buying directly approach to bitcoin).

I've found that most people tend to be very suspicious and reluctant to embrace something as revolutionary and groundbreaking as Bitcoin. It's like a bright light that blinds them -- they just can't comprehend it. Almost everyone's first reaction is that "it's a scam, you're going to lose it all". Those few that care to investigate further come back and say "it's used for drugs, don't touch it". HA! As if fiat has never been used for drugs and other illegal activities...

The more I insist and urge them to invest, the more reluctant they become. I guess it's a natural reaction in a way... "If it seems too good to be true, it probably is" kind of thing. Setting up wallets and sending some $ worth of BTC to them can help. I once set up a wallet and sent $1 worth of BTC to one of my students. A few months later she had $13 in her wallet. She's now a member of Kraken and has accumulated a decent amount of coins (single digits, but still good enough).

Of my relatives, only one has embraced and invested in crypto. Interestingly, he is the least educated of them all (but is very open-minded). Most of the university-educated guys in my circle still consider Bitcoin a scam/Ponzi...