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

[Lambie Slayer]

Halfway through 2021 before we even see 10k again according to this analysis. Just looking at the cycles.

Ready to make a bet on it ?

I bet NO at 99%.

Second that. 99.999%

You haven't even had time to watch it. Look at the cycle again. That last pump sticks out like a sore thumb. Markets simply don't do that naturally.

See what happens with Bitfinex/Tether on Monday. That may put this whole pump in a very different context.

The chart doesnt really imply 2500 in august to me, that would be an unprecedented drop straight down. But reverting back to the lower bound on the chart later this year is not unreasonable at all imo. We could revert back to the 2015 fractal and look back at it all as a libra/fed/tether minibubble that distorted the graph, had everyone thinking it was 2017 all over again, but then things went back to normal and everything smoothed out.

Its hard for me to deny the change of direction by the Fed, new stock market all time highs, Libra hype, soaring BTC dominance, and tether scare all at the same time created a perfect storm of hype and mania much earlier than we expected. Wouldnt be unreasonable for the majority of those gains to fade this year. If so its not really a bad thing but just a simmering down until the supply cuts in half to really get the party started.

Think of it as the ultimate testing of rocket thrusters for the real blast off post halving. A warning shot to all the banksters and fudsters of things to come. Just my take rn. A blast off to 20k will surely change my mind.

 

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[Lambie Slayer]

Peace out gents, I probably will abstain from posting this week unless the 100 bitcoin tard comes back. Too bearish for me rn and I dont like to excessively party poop on my hodler peeps. 

[El duderino_]

/offtopic starts

I´d like to reccomend you a Netflix serie, La casa de papel (Money Heist)

"The story in the first two parts revolves around a long-prepared, multi-day assault on the Royal Mint of Spain in which a team of people take hold of hostages as part of their plan to print, and escape with, €2.4 billion. "

...tldr: they print their own money for days.

Bitcoin cameo: S2E3, they consider buying a tank for 60 BTC from the deep web.


"The third part revolves around an assault on the Bank of Spain.".. they stole Spain gold reserve. Inside the bank they melt 90 tons of solid gold bars into tiny grains. In the 4th part (2020) we´ll know how they will escape with that gold.

/offtopic ends

Mucho spoilers mi amigo!

I finished watching the third season, found it okay, was a bit similar to the first season.


Observing BTC at $ 9,483, would love to see a zero behind it

I had a job interview this week and a long part of the interview was spent talking about Bitcoin. Somehow we ended up on the topic and he just kept firing questions. There definitely is a huge thirst for knowledge for BTC


Boom Boom Ciao!

Good I finished as well, cause we don't like spoilers .....

Still its a little bit over, but F*** I do like it very much

[btcbeliever]

My brain is saying bitcoin will go up bigtime in the next 2 years.

My emotions are saying the dumps in the last week don't bode well for the next few months

All I can figure is Bitcoin has some whale haters out to destroy any price stability
and seem like they want to keep the price knocked down too. 
Why can't they figure out it's a losing battle against us holders already?

[El duderino_]

No spare fiat for a while now unfortunately. Meh, I bought 7 more coins since the fall from the ATH. Would have like to have made it another 10 but I’ve got a lot going on over the next couple of months, expensive times.
I’m not going to bust into my fiat savings unless it goes to close to the previous bottom.

I hope we don’t go too deep into the $8000’s if I’m honest.

F*** I hate every buck we go lower.... to many have had the opportunity to buy in on extremely cheap prices for an EXTREMEly high valuable asset, so I don't like previous NO-coiners to get their hand on to cheap coins

I hope the ones that bought and HODLed the previous higher price ranges will get their reward (for HODLing and keep on learning and working in the BTC-community)... I would hate some friends of me that bought big %'s of their wealth into BTC, that they would have to witness some NO-coiners of the group to buy in lower as they did

[realr0ach]

Peace out gents

Juden raus

https://www.ccn.com/alex-jones-tells-joe-rogan-george-soros-offered-me-5-million-to-pump-bitcoin/

[LFC_Bitcoin]

My brain is saying bitcoin will go up bigtime in the next 2 years.

My emotions are saying the dumps in the last week don't bode well for the next few months

All I can figure is Bitcoin has some whale haters out to destroy any price stability
and seem like they want to keep the price knocked down too.  
Why can't they figure out it's a losing battle against us holders already?

Whales don’t really care about BTC like us. They’re incredibly rich with probably just as much money invested in other assets, property, fiat stocks etc. Bitcoin is just a mistress to them

All they care about is quick profits & most likely stacking fiat.

If they think they can create sell orders & crash the price from $10,200 all the way down to $9,3xx & buy back then do the same over & over again to get MOAR fiat then they’ll do it.

With the halving still 10 months away the market is fairly predictable & whales can control it which they will do.
This is what’s happening right now. Whales buying & selling based on pathetic FUD or even nothing in particular except their desires are controlling the market right now.

Once FOMO kicks in near & post halving they will lose their grip & then it’s moon time again where hysteria & FOMO buying takes over.

Have patience my WO brothers & you will be rewarded, do not sell yet.

[d_eddie]

Here is one for your bucket list:

https://en.wikipedia.org/wiki/Mandragora_(genus)

I was offered once & out of fear declined. DMT sounds interesting. Definitely on my list.

#

My advice re mandragora: don't mess around with those nasty plants and their tropane alkaloids. They're dangerous and not even any fun, no matter what high tales the literary scamster Don Juan tells about them. DMT is in a different league, and mostly harmless to begin with.

[toknormal]

Halfway through 2021 before we even see 10k again according to this analysis. Just looking at the cycles.

Ready to make a bet on it ?

I bet NO at 99%.

Second that. 99.999%

You haven't even had time to watch it. Look at the cycle again. That last pump sticks out like a sore thumb. Markets simply don't do that naturally.



See what happens with Bitfinex/Tether on Monday. That may put this whole pump in a very different context.

So Bet or not ? If there is an escrow here for the bet.

1 BTC ?

wtf has betting got to do with any of this ? You think just because your hopium's strong the appraisal's wrong ?

The points are well made - in particular that rally was one of the more "engineered" moves bitcoin has ever made so the guy is reasonable in looking at the longer term picture.

[realr0ach]

in particular that rally was one of the more "engineered" moves bitcoin has ever made

(((bitcoin)))

https://www.ccn.com/alex-jones-tells-joe-rogan-george-soros-offered-me-5-million-to-pump-bitcoin/

[LFC_Bitcoin]

in particular that rally was one of the more "engineered" moves bitcoin has ever made

(((bitcoin)))

https://www.ccn.com/alex-jones-tells-joe-rogan-george-soros-offered-me-5-million-to-pump-bitcoin/

No different to Nike paying sportsmen to wear their football boots & clothing.

[Febo]

Halfway through 2021 before we even see 10k again according to this analysis. Just looking at the cycles.

Ready to make a bet on it ?

I bet NO at 99%.

Second that. 99.999%

You haven't even had time to watch it. Look at the cycle again. That last pump sticks out like a sore thumb. Markets simply don't do that naturally.



See what happens with Bitfinex/Tether on Monday. That may put this whole pump in a very different context.

So Bet or not ? If there is an escrow here for the bet.

1 BTC ?

wtf has betting got to do with any of this ? You think just because your hopium's strong the appraisal's wrong ?

The points are well made - in particular that rally was one of the more "engineered" moves bitcoin has ever made so the guy is reasonable in looking at the longer term picture.

But is fundamentally wrong. Halving is every 4 years. So cycles are not getting longer. Yes, they will not be same length, but some shorter then other. I believe current will be shorter then last.  What we know is that cycles will be weaker. And most people already put that factor in their prediction charts.

This video mentions that currently we can be in fake bull run. What is true. Depends how you look at things or of a mayor bull run in a cycle or of several smaller ones during one cycle.  Yes we are to high right now. But we will definitely not hit the bottom. There is less then 300 days to the halving. And already two times whole world saw halving in action. They will not want to stay behind.

[serveria.com]

Wow I can see we're having another tiny dump so the thread is full of our regular beartroll retards with hilarious $4900 and even $2500 forecasts and shitty TAs.    I'm sure some weak hands are going to sell we can't prevent it (and maybe we shoudn't)? Who cares, just HODL on brethren!  

[LFC_Bitcoin]

Wow I can see we're having another tiny dump so the thread is full of our regular beartroll retards with hilarious $4900 and even $2500 forecasts and shitty TAs.    I'm sure some weak hands are going to sell we can't prevent it (and maybe we shoudn't)? Who cares, just HODL on brethren!  

HODL all the way down from $19,xxx but sell at $9,4xx.
Perfect noob/pussy/weak hands/cuckolding strategy.

[nutildah]

Halfway through 2021 before we even see 10k again according to this analysis. Just looking at the cycles.

Probably the worst thing about this chart is that this YouTube guy will still have 13k followers even after he is proven massively wrong in early August. Its just more sensationalist TA nonsense from a guy who draws a hundred lines and circles on a chart and thinks he's Nostradamus. He should take a page from McAfee and say he'll eat his own dick if BTC doesn't sink to $2500 by early August, probably would double his subscribers.

[El duderino_]

Another block was just found.

12.5 BTC less to be mined before the final cap.
Yes, final.

And one block closer to the reward halving.

Scarcity is coming.

🚀🚀🚀

https://twitter.com/hodlonaut/status/1154952643082706944?s=20
^
Indeed its getting more scarce every moment and at a v ery sudden moment its will move so fast that you actually can miss the train (be smart don't let that happen, prevent and buy asap)

Also enjoy your Saturday bro's

[nutildah]

Holy shit mic, we posted at the exact same second, look at the post times, that was weird.

Its a doublepost timestamp.

[El duderino_]

Holy shit mic, we posted at the exact same second, look at the post times, that was weird.

Its a doublepost timestamp.

Indeed

[lotfiuser]

Wow I can see we're having another tiny dump so the thread is full of our regular beartroll retards with hilarious $4900 and even $2500 forecasts and shitty TAs.    I'm sure some weak hands are going to sell we can't prevent it (and maybe we shoudn't)? Who cares, just HODL on brethren!  

HODL all the way down from $19,xxx but sell at $9,4xx.
Perfect noob/pussy/weak hands/cuckolding strategy.

HODL  is the reason that people lost there money and all we know that I can be manipulated it's not like gold but first we need that shitty coins with no value to leave the market than we will have a real BTC market I think we didn't reach the bottom yet cuz shit coins still exist

[jojo69]

I'm beginning to lose my patience with you, jiggy; are you able to have a rational, back and forth discussion without immediately going on the defensive and resorting to inflammatory accusations?

You are new here, aren't you.