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

[Totscha]

The cost to set up a DarkCoin masternode was 1,5 mil at the ATH. It's about 10x less now, but still... I guess that's where they got their idea from.

I remember trading DRK when it was about $0.60 and selling it at $1.80 and feeling like a genius. Should have accumulated the 1,000 necessary for node running...

DarkCoin became DASH s**tcoin, right?

on YouTube there is this hot Dash Chick "Amanda" --> https://youtu.be/D1tw4VqZIzU

Correct. But because the coin is a huge scam (the 'accidental' huge instamine) I don't support the re-branding. It was intended to legitimize a coin that was created to be used on the dark web. And the launch itself was a huge fraud (instamine).

That is why I will always use the name DarkCoin, so people never forget what we are actually talking about...

[1715083604]

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[El duderino_]

https://bitcointalk.org/index.php?topic=5151405.new#new
^
Didn't wanna spam the WO with this, but just my experience @Azurmendi and where I will post following experiences, hopefully you guys gonna share some as well...

Of-course I will share in here as well, just don't wanna spam the thread

[dyask]

https://bitcointalk.org/index.php?topic=5151405.new#new
^
Didn't wanna spam the WO with this, but just my experience @Azurmendi and where I will post following experiences, hopefully you guys gonna share some as well...

Of-course I will share in here as well, just don't wanna spam the thread

What is WO?

[El duderino_]

Wall Observer thread

[VB1001]

CME Defends the One Hour Window For Bitcoin Futures

Sometime after 4PM on Thursday the day before futures expire, there’s a large market order sell-off that appears unnatural.

That’s because CME uses a one hour period, between 3PM to 4PM each day, to calculate the CME CF Bitcoin Reference Rate (BRR) which is what futures are based on.

https://www.trustnodes.com/2019/06/06/cme-defends-the-one-hour-window-for-bitcoin-futures

https://bitcoinist.com/bitcoin-price-analysis-cme-gap-btc-price-collapse/

[JayJuanGee]

U bring up good points.

Typically the longer someone has to think about something imo the more likely they are to back out. This is why corporate America works so hard to push impulse buying on everyone and why they say count to ten when you are angry.

I would have no problem doing this party with myself and my 2 guests if not one single Hat wants to come celebrate the new wealth.  

All it would cost me would be I pay for all the limo out of pocket which is fine, more leg room!

Can someone fill me in on what led to the downfall of the 1k party, I didnt start following the thread till a few months after 1k.

Also how much time would be necessary in your opinion to properly plan and not feel rushed. Are you talking 3 weeks, 2 months, maybe a little more detail on that would help me understand where you are coming from. I would think anything more than a few weeks after 100k and a lot of the thrill would be gone.

Last one before we're kicked off the thread:

I think an arbitrary price figure is the problem.  May never get there / may hit it only fleetingly / crash right after  /  does not happen for three years - who knows?

When I mentioned timing it within a set time from the Halvening, it seemed popular. No pressure, time to plan etc.  And it is sure it will happen, so it can be booked.

If you want a mad celebration for 100K - a spontaneous thing does seem to make sense.   

I guess I was thinking of a WO celebration party (likely to be when we've already done very nicely financially) but not really about price, so much as a party for the WO 'anyway' - and it could even turn into a regular thing.  Anyone could organise a hookers and blow event to coincide with it, why not?  At least we'd all know when the party was and that it would actually happen if enough people wanted to go.

Time needed to organise a successful large event and actually attract enough people to make it work well? 

Months. Less than 12, probably more than 6.

I feel that I am pretty optimistic about BTC reaching $100k, and maybe I put the odds at about 35% within 24 months.

Are WO thread participants assigning higher odds than that? 

The way I read several of these recent posts, it appears to me that there are a lot of WO thread participants assigning higher than 50% odds to BTC reaching 100k in that time period, perhaps even a shorter time period.

Are we too pie in the sky?  Think about it? assigning more than 50% to a more than 12x increase in price would almost justify putting more than half of your investment capital into bitcoin, and I would NOT recommend that anyone put more than 10%.  Something seems a bit off here, even though a lot of us subscribe to a similar premise, in which we reasonably perceive bitcoin as having a lopsided upside risk... which makes it the best performing investment in the past 9 years, and likely to be amongst the better of investments in the next 2-9 years.

[fillippone]

https://bitcointalk.org/index.php?topic=5151405.new#new
^
Didn't wanna spam the WO with this, but just my experience @Azurmendi and where I will post following experiences, hopefully you guys gonna share some as well...

Of-course I will share in here as well, just don't wanna spam the thread

What is WO?

WO: stands for Wetenschappelijk Onderwijs in Dutch.
Mic is from this part of the World (vague reference to preserve his OpSec...).

[AlcoHoDL]

Guys... No need to time the top.

- Set a financial target for a comfortable life for you + loved ones.
- Add 30% to that as a safety margin.
- HoDL your coinage until half of it is worth the above target.
- Sell said half of coinage (be careful how you do it).
- HoDL other half.
- Enjoy your life.
- Reap the new profits gained by your HoDL stash.
- A comfortable life is not a lazy life. Be productive.
- Keep working if your job is creative and enjoyable.

That's my plan.

[JayJuanGee]

I guess it was canceled because of economic reasons. if you calculate with a price of 1k per Bitcoin the price should stay above 1k if you have to pay the costs of the event afterwards. in fall 2013 it was a short spike above 1k and then the price collapsed again. I expect the same if the price will go above 100k because a lot of hodlers will then cash out.

EDIT: it's always about risk. if someone is willing (and "crazy" enough) to organise such an event big style he should earn a decent amount of money for the risks he is taking.

Anyone expecting six figures and above to be the next peak and for that to be anything other than a fleeting top is a nutter. I'd be amazed if it lasted for more than a few hours, let alone days.

I always thought the 1k party I was familiar with stating it would only run once it stayed above 1k for a whole month was silly. Peaks are symbolic more than anything. You may as well celebrate them no matter what the aftermath consists of and how transient they were.

There are some reasonable predictions that our next BTC price peak could take us into the supra $250k arena, and surely if that is a blow off top, then maybe the $150k to $250k range could last for more than a month... remember the December 2017 and January 2018 period, even though retroactively we are labelling $19,666 as a kind of blow-off top, there was still more than two months of BTC prices in the supra $10k price arena, and even a return to a bit over $10k after the early February 2018 "crash" correction to the lower $6ks.

[serveria.com]

I would say 100% chance we'll see 100k+ prices in 24 months.

[Phil_S]

You have to come Bob, we’ll all be multi millionaires at $100,000 per coin so you have nothing to be worried about.

Yeah Bob, you can wear a NASA hat and pretend to be me, who cares.

[Totscha]

I would say 100% chance we'll see 100k+ prices in 24 months.

I don't think you know what 100% is... We can't even say the Earth will exist in 24 month with a 100% certainty...

[El duderino_]

Wait streakers are not naked anymore these days? Is that cryptoqueen (had too much sangria) 

Missed this one somehow, naaaah me lady is more classy as beautiful

[LFC_Bitcoin]

I would say 100% chance we'll see 100k+ prices in 24 months.

I think it’s very likely yeah. It better be to be honest, I’ve got lots of projects & ideas that a few mill would be very good for

I’m getting bored of dealing with dumb ass female shopping customers online every day.

[JayJuanGee]

🎻

10% or more if needed, but I don’t sell easy

Yeah I’m confused what to do, what % etc. I will have to have a good think when we start to move up big time.

Better to plan in advance, rather than planning during the heat of the moment.
 
You have a pretty decent ballpark idea of what is likely to come, so you should be able to establish a decently solid plan in advance (even if maybe you will tweak it in the heat of the moment, your tweak will not be as BIG of a deal as the actual plan that you have created in advance).

[Last of the V8s]

---> yay /s

[Last of the V8s]

Lambie I'd love to come to Vegas, but I must insist that we have a serious moment. Perhaps the address at the dinner could be given by that foremost bitcoin expert Ms Izabella Kaminska. I believe you know her well enough to invite her?

I hope you come to the Vegas party.

Sorry, Lambo Slayer, this was just a joke really. I can't get in to the US because of a youthful indiscretion.

Location aside, sadly I largely agree with Bob, not because I claim to be of the same ... girth as him, but still because of opsec reasons. Despite appearances I am very wary and hard to convince, and there are tons of things I just don't do irl. So we'll see.

[MrFreeRoMan]

Bitcoin NVT Signal
https://i.imgur.com/Gca711q.png


How it works

What is NVT Signal?
Standard NVT Ratio is simply the Network Valuation divided by the Transaction Value flowing through the blockchain and then smoothed using a moving average. What Dimitry did was to apply the moving average just to the volatile Transactions component only without smoothing the already stable Network Valuation component.

This produces a much more responsive chart. Responsive enough to use as a trading indicator.

This is probably the first trading indicator to use blockchain data instead of the basic price and volume data coming in from exchanges.

As the signal shows, we can expect a deeper correction.

why, please explain in more detail your thoughts. divergence? or just copy and past BS?

But if you are true Hodler, you don’t need any graphics.

[ChinkyEyes]

I would say 100% chance we'll see 100k+ prices in 24 months.

It seems the next 24 months are critical!

---> yay /s

On the right is Andrew Yang right? who is the guy on the left?

[Last of the V8s]

satoshilite bloke ... shitcoiner... name escapes me ^ litecoin something
they say the left shitcoiners can't meme



but i still smiled a tiny bit