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

[El duderino_]

Is it your birthday mic?

If yes, then happy bday and all the very fcking best for you!

It's his b-day for at least a week... teams get week-long b-days, while mere mortals get day-long b-days.   

Birthdaaaaaaaaaaaaay weeeeeeeeeeeeek!!!!!!!!!!!!

[1713893722]

1713893722

[1713893722]

1713893722

[LFC_Bitcoin]

Is it your birthday mic?

If yes, then happy bday and all the very fcking best for you!

It's his b-day for at least a week... teams get week-long b-days, while mere mortals get day-long b-days.   

Birthdaaaaaaaaaaaaay weeeeeeeeeeeeek!!!!!!!!!!!!

Which member of your team is posting today, micman?

[El duderino_]

Is it your birthday mic?

If yes, then happy bday and all the very fcking best for you!

It's his b-day for at least a week... teams get week-long b-days, while mere mortals get day-long b-days.   

Birthdaaaaaaaaaaaaay weeeeeeeeeeeeek!!!!!!!!!!!!

Which member of your team is posting today, micman?

The drunken one.... , the retarded one Will take over soon

[JayJuanGee]

JJG, you’re right buddy. I remember very well people saying the halving was priced in before the last halving. Some people never learn do they, we’ll do donuts in our lambos, snort coke & fuck hookers laughing at them

Hey, I am all for leaving open a variety of options, and I am a bit skeptical about placing too much reliance on fractal patters, but we gotta at least consider that history has something to teach us about various probable and possible outcomes.   So, yeah, in that regard, the bitcoin naysayers preaching the same illogical points that were argued around the last halvening comes off as unconvincing (better case scenarios) or disingenuously misleading (more likely worse case interpretation of their intention/purpose). 

So, yeah, I am not going to go take out a loan or place high reliance that my dick is going to be sucked in about mid 2021 or soon thereafter by some chick who would currently consider me to be "below her" based upon the additional enormous wealth that I have acquired and all the fun that I am having with my other accessories (namely lambos and blow). 

So, whatever, I don't have any problem being used like that, and it is not above me to refuse a blowjob that would have not have otherwise been provided to me under my today's finances (which don't get me wrong, I am far from being uncomfortable or lacking in any meaningful financial way today, it is just that my wealth seems to have decent chances of multiplying in quite grandios ways in the near future based on reasons).             

[HairyMaclairy]

We're gonna need a whole new internet if JJG and Shelby start discussing things.

I've already had some exchanges back and forth with that nutjob, and he is an expert at technical divergence, obscurity of points, irrelevance, appeals to status and other bullshit logical and misrepresentation fallacy presentations.

I believe that you would much rather go have a drink with me, rather than that pretentiously pompous ass, who has been banned from the forum several times due to his inability to make any genuine or meaningful points without exaggeration(s).   

The only word I understood there was 'drink' and I believe you're right, we 3 should meet up while this whole thing blows over and put the world to rights.

I will buy you all drinks - this will be too good to miss.

[realr0ach]

TrollJuanGee, Bitcoin could support a maximum of like $10k post-halving without a big increase in new miners to prop it up.  Anything more would require...even more football stadiums of ASICs to open.  I'm just not seeing a world where the amount of mindblowing amounts of electricity already used is doubled from where it is now, let alone increased by an entire order of magnitude to bring it up to these absurd numbers people are claiming like $100k.

The idea is just insane believing Bitcoin power consumption can go up 10x or more from what it is now.  How much power use is that?  More than the entire United States?  The Bitcoin pump and dump scam is starting to butt up against the limits of the natural world which is going to prevent it from being pump and dumped higher.  When people figure out pump and dumping it higher is not a feasible proposition and their upside potential for holding a sketchy, imaginary grenade token is nothingness, then get ready for the real bear market.

[JayJuanGee]

We're gonna need a whole new internet if JJG and Shelby start discussing things.

I've already had some exchanges back and forth with that nutjob, and he is an expert at technical divergence, obscurity of points, irrelevance, appeals to status and other bullshit logical and misrepresentation fallacy presentations.

I believe that you would much rather go have a drink with me, rather than that pretentiously pompous ass, who has been banned from the forum several times due to his inability to make any genuine or meaningful points without exaggeration(s).   

The only word I understood there was 'drink' and I believe you're right, we 3 should meet up while this whole thing blows over and put the world to rights.

O.k... theoretically, it seems like all fun and games, and I am pretty sure that I would not have any issues passing some shit (over drinks) with you, V8, but Jesus f-- c--  I am not confident in my own level of tolerance to put up with pretentious fuck anunymint.. ... it's like going to have a drink with Craig SW.... I feel a lack of sufficient patience to tolerate such a farcical attention-whore bullshitter.

[HairyMaclairy]

Fellow Wall Observers

Where is the World is this Wall.  10 Merit Points to first correct answer.  As always, it is a well known landmark.



More pixels to be provided on irregular basis. 

[Last of the V8s]

Great Wall of China

[jonoiv]

According to Grayscale, many investors are not aware of the bitcoin block reward halving.
As such, it still remains a key factor for the price and it is not completely priced in.

"We were surprised to learn that many of them were not even aware of this event." (Grayscale)

https://twitter.com/iamjosephyoung/status/1136949078879744000

This is both interesting but also scaring:

Intresting because there was a lot of debate if the recent price action was due to markets being efficient with people pricing in halving effect before halving actually happening. Public information being incorporated in current market prices is what characterise efficient markets. Something should be granted in a mature market like the one bitcoin begins to be.

This is also scaring because grayscale targets institutional investors. I would have tough this kind of investors had done the basic due diligence of the technology. How can be prepared to invest millions in BTC without even knowing what an halving is?
This is scary. They are ready to invest in something they basically don’t know about.

These "studious" investors that did their homework, do appear to have been suckered in for an 80% or more loss.  
However one glimour of hope I see, is the potential of approx 75% increse one year on from the 3rd halving,  call it the halving period average price.
So thats the potenial of an average price of about $11900 from 2021 onwards!?  

But that only applies if all is as perfect as possible!  I can't see it happening, that will be well over a decade and if still no signs of bitcoin adoption (i've still not been able to buy a single product at high street retail with bitcoin in the EU since 2012 when i got involved)

Whatever bitcoin was supposed to be, a currency or store of value, it's still not widley addpoted and heavily flawed.

Based on that and other TA and oppinions I've seen, looks like 2 more years of the bear market.  $2600 best case scenario or lower probable bottom.

Wow!!!!!   You are so prophetic, jonoiv.

Appears that you still have not given up hope to buy back some of the coins that your dumbass sold at $6k, either at a slight loss in a possible scenario or even at a profit in a better case scenario.

On the other hand, just think about the opportunity cost that you lost, already, including a lot of the stress that you could have lessened if you had not gambled your whole BTC stash (of likely less than .5 BTC) on dumb.

Will talking your book help?  Maybe it will make you feel a little bit better, but I doubt that many peeps reading this thread give you much credibility beyond perhaps some newbie readers who are like-minded wishful-thinking enough to buy into your book-talking FUD spreading attempts.

Have you seen a gambling-addict specialist, yet? or a fantasylandia correction expert, yet?    

I said by the end of the year ( that's also known as Nov/ Dec 2019)   or next year (we will call it 2020),  the price will hit around 2600 / 2500 or possibly lower.

Now do you think after the price dropped 18% in a couple of weeks, im going to revise my target?

You know like last time when i said at 11500k  it will hit as low as 3k, I had moments of bullishness during the long downtreand,  be prepared I may be short term bullish at periods in this drop, But im confident where it's going medium term.  So no matter how you try to be a massive cunt (as always) If you make a prediction (and get it wrong as always) you can always ask the thread starter to delete your posts and edit the replies you were quoted in (as always).

You're a fucking clown with as much credibility as a paedo at a prepubescent pool party.

So fuck off and stop talking your constant BS.  The whole world knows you are really bad at predicting the price, so chooce a diffent thread, something like... (Cunt Observer - JJG's Mirror trackiing & movement thread).

Make it self moderated or you might be shown up as a total fraud.

[HairyMaclairy]

Great Wall of China

Nice one but nope

[kenzawak]

Fellow Wall Observers

Where is the World is this Wall.  10 Merit Points to first correct answer.  As always, it is a well known landmark.

Wall...Street.

[Last of the V8s]

We're gonna need a whole new internet if JJG and Shelby start discussing things.

I've already had some exchanges back and forth with that nutjob, and he is an expert at technical divergence, obscurity of points, irrelevance, appeals to status and other bullshit logical and misrepresentation fallacy presentations.

I believe that you would much rather go have a drink with me, rather than that pretentiously pompous ass, who has been banned from the forum several times due to his inability to make any genuine or meaningful points without exaggeration(s).   

The only word I understood there was 'drink' and I believe you're right, we 3 should meet up while this whole thing blows over and put the world to rights.

O.k... theoretically, it seems like all fun and games, and I am pretty sure that I would not have any issues passing some shit (over drinks) with you, V8, but Jesus f-- c--  I am not confident in my own level of tolerance to put up with pretentious fuck anunymint.. ... it's like going to have a drink with Craig SW.... I feel a lack of sufficient patience to tolerate such a farcical attention-whore bullshitter.

thats going too far. i think you've got him wrong anyway, but to compare him to some fraudster isn't cricket. his ideas and his approach may be unusual, but he's not ever tried to steal people's money or reputation.

[LFC_Bitcoin]

Fellow Wall Observers

Where is the World is this Wall.  10 Merit Points to first correct answer.  As always, it is a well known landmark.



More pixels to be provided on irregular basis. 

Euston train station

[Last of the V8s]

Bank of England.

[El duderino_]

Fellow Wall Observers

Where is the World is this Wall.  10 Merit Points to first correct answer.  As always, it is a well known landmark.



More pixels to be provided on irregular basis. 

You mean where is this famous ground/Floor??

[JayJuanGee]

TrollJuanGee,

That just does not roll off the tongue very well.  You can do better, no?   

The idea is just insane believing Bitcoin power consumption can go up 10x or more from what it is now.  

Your presumptions here seem to be quite unrealistic.

Power consumption has to go up 10x in order for BTC prices to go up 10x... hm? 

Bitcoin's supply/demand curve seems to be a lot more complex than a formula that focuses itself upon some kind of mere mining power correlation.

You smoking something?

How much power use is that?  

Who gives any shits?  Miners can determine for their own selfies whether they want to mine or not.  Incentives are already built into bitcoin that seems to cause a decent number of folks to chose to mine, and to continue to mine.  Go figure!!!!   

More than the entire United States?  

Again, who gives any shits?  It is what it is.. currently and in the future, the amount of power that is placed into mining seems to be largely driven by market-based incentives.

The Bitcoin pump and dump scam is starting to butt up against the limits of the natural world which is going to prevent it from being pump and dumped higher.

Yeah.. right....    What a bunch of baloney. 

With your ongoing "bad" attitude and inability to focus yourself, it seems likely that we are going to see you chasing the train, well that is if you happen to wise-up at some point, and if you do not get run over, before you have a chance to catch this moving train, aka bitcoin.

[Biodom]

Interesting take on the current monetary system (from a mostly EU/ London/Germany/Swiss perspective):
https://www.youtube.com/watch?v=t6m49vNjEGs

Basically, "nobody" knows what to do (apart from some small swiss effort).
Paradoxically, many expect even more deregulation in London finances after Brexit.

[HairyMaclairy]

Fellow Wall Observers

Where is the World is this Wall.  10 Merit Points to first correct answer.  As always, it is a well known landmark.



More pixels to be provided on irregular basis. 

You mean where is this famous ground/Floor??

There’s wall there.  Sort of.  But if I show too much of it at the beginning people might figure it out instantly. The collective brain power of the WO thread is staggering and needs to be handled with extreme caution.  

[jonoiv]

Interesting take on the current monetary system (from a mostly EU/ London/Germany/Swiss perspective):
https://www.youtube.com/watch?v=t6m49vNjEGs

Basically, "nobody" knows what to do (apart from some small swiss effort).
Paradoxically, many expect even more deregulation in London finances after Brexit.

Do you expect Brexit to happen?

Pro EU parliment atm, with Pro EU electorate currently that will be voting on the next pariliment.  Doen't seem possible to me.