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

[JayJuanGee]

I already responded both that your facts are not correct and also,

So you're asserting that the charts I posted links to contain fraudulent figures? Interesting. I don't believe your assertion is correct, so I will tentatively conclude that you are delusional on these additional matters of fact.

I'll be happy to rescind my conclusion of delusional, just as soon as you post links to credible evidence of corrected data.

... and even if you might be using some actual facts ... emphasizing facts (if true) in your favor

I know that at one time, in about late 2017, you and your buddy, PeterR were advocating 50/50 or some baloney like that

Nope. You misrememberate. I think Peter suggested just not divesting your other Bitcoins. For my part, I have divulged several times that I have several times the number of BCH, and of BSV, than I do of BTC, though the dollar value of my BTC exceeds the rest of my holdings. And no, I do not feel stupid about it. I fully expect total vindication upon the onset of Blockalypse II. Even if not, I am doing just fine, thankyouverymuch.

<<... deflection continues ...>>

Lest we forget which facts JJG asserted are incorrect:

From end of 2017 Feb to mid 2017 Jun, BTC dominance plunged from over 85% to below 40%.
https://coinmarketcap.com/charts/#dominance-percentage

The beginning of 2017 is when blocks started becoming persistently full.
https://bitinfocharts.com/comparison/bitcoin-size.html

The loss of dominance was due neither to BCH nor ICOs. 'Twas the Blockalypse. Or more precisely, Blockalypse I.

OK, actually only the first two were facts. The last paragraph was merely a rational conclusion based upon those preceding facts.

Lest we forget that jbreher is the  deflector, here.  More or less we were starting  to talk about matters a bit more relevant, and those were some of your holdings and the weight of your bags.

Who gives any shits about  your attempts to describe bitcoin as broken with a bunch of made up bullshit,  and even if true, bitcoin all fixed now..,,, because we got's ourselfies some segregated witness, and the BIG blockers are still holding grudges about that....      Go figure.

[1715248571]

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[1715248571]

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[infofront]

[JayJuanGee]

And he is somewhat deluded into thinking that the possibility of a "blockapocallipse" is much higher than it really is...

You may wish to ponderate upon this trend line: https://www.blockchain.com/en/charts/avg-block-size?timespan=all

Nothing to worry just yet. Segwit and tx batching doing its job to increase capacity. And nothing a moderate (ie 2x) additional block size increase plus some LN adoption couldn't solve.

I never said we won't need SOME block size increase. Quite the contrary. But forking to go full retarded on 1GB blocks is... well... just retarded.

That being said, I understand your hedging.  If you believe there is a significant chance for a "blockapocallipse" severely hitting Bitcoin in the near future then... well... maybe your putting (some) of your money when your beliefs are...

Even if that were the case, crypto (as a whole) would be severely (if not deadly) hurt.

Ouch... third dumping leg... probably time to BTFD.

I understand, bitserve, that you are trying to give some benefit of the doubt to jbreher for his supposed hedging, but really, he is acting retarded as fuck with his various attempts to bring legitimacy to those bcash variants as either reasonable hedges or to act as if either of those bcash variants are actually legitimate projects beyond serving as either scam pump and dump vehicles, misinformation mechanisms and bitcoin attack vectors.  They can fuck off with any kind of description as a kind of possible legitimate hedge when it is just a fucking scam.

[HairyMaclairy]

According to the 2015 fractal, the final bottom of the 2018/19 bear market should occur on 16 August 2019between now and the end of August.  Given the rate of front running, I think better than even odds that the final bottom of 2019 is occurring right now.  

Translation:  now is a good time to buy (in moderation, like all things).

[nutildah]

First:

CSW rekt:

https://twitter.com/wizsecurity/status/1161338703710568448

Hobby prove done by some raspi judges?

Lol

This comment is actually valuable in that it shows how deluded the BSV cult really is. Because some pretty damning testimony came to light against CSW regarding evidence he submitted to court, the judge must not only be a BTC maximalist who runs his own Lightning node, but his bias is interfering with the relay of witness testimony. Just think about how truly moronic that sounds for one second. And then you are free to carry on with your day.

And he is somewhat deluded into thinking that the possibility of a "blockapocallipse" is much higher than it really is...

You may wish to ponderate upon this trend line: https://www.blockchain.com/en/charts/avg-block-size?timespan=all

Has nothing to do with a "blockalypse" because the blockalyse never happened. It simply means blocks are becoming increasingly full. If that makes you want to declare there's a bitcoin apocalypse, you're going to be sitting in that doomsday prep camp all by yourself. At best, in the company of geniuses like hv_ and alevlaslo.

[JayJuanGee]

For fucks sake JJG.  We discussed this yesterday. I asked you quite nicely not to quote Roach.

Ignored for a week for quoting Roach.

Oh my...

You asked me to not quote roach.

I said I would likely continue to do what I am doing, but i would consider the matter, which I did.

Don't try to suggest that either I made any assurances beyond that or that such assurances are even warranted or necessary for any of you goofballs trying to impose stupid-ass standards upon the free discretion of other posters.  

You gotta zoom out a bit, Roach.

Yeah, maybe some of your old-school PMs are doing relatively well in the short-term; however, if you come at the matter from a broader angle, those PMs have not faired too well, relative to bitcoin, and the future is likely to show a similar history in which, relatively speaking, bitcoin out performs them, by leaps and bounds.

So, yeah, revel while it lasts in some of your short-term pumpenings of various PMs including gold and silver.

Well, we almost made it 48 hours without another ignore...

Question: Oh gee, golly whiz.  I wonder how many fucks JJG gives about this matter?

Answer: .00023619.  (aka much less than one fuck given)    

[sheenshane]

3rd voter,


Ain't know why there WO brother who giving vote opposite to FOMO.

[HairyMaclairy]

We are also seeing a slight tether discount emerging, which may indicative whales are starting to sell tether and move back into Bitcoin.  Blue line is 1 USDT = 1 USD

 

[HairyMaclairy]

I predict we will get a slight relief rally after August 16

[JayJuanGee]

3rd voter,


Ain't know why there WO brother who giving vote opposite to FOMO.

Well, you are quite the bearish one to be expecting another nearly 25% drop in BTC price in only 4 days, and we have already had about 15% drop in BTC price in the past week.

Furthermore, a few weeks ago, we already had nearly 35% drop from the top to the bottom in this particular correction cycle.

Nonetheless, you are expecting more - even while we seem to largely be in a bull market, too.

I am not saying that your prediction could NOT happen, but I am saying that the odds seem to be a bit against you at this moment.

[VB1001]

https://twitter.com/search?f=tweets&vertical=default&q=bitcoin%20meme&src=typd

Just look at the waterfall on the right, HODL.

[zhekinsp]

https://twitter.com/search?f=tweets&vertical=default&q=bitcoin%20meme&src=typd

Just look at the waterfall on the right, HODL.

Hey babes,its time to climb up so don't be lazy and lay down like these on water falls.

[VB1001]

Barclays Is No Longer Banking Coinbase

The most prestigious banking relationship in crypto has ended.

Barclays, the London-based global bank, is no longer working with cryptocurrency exchange Coinbase, industry sources told CoinDesk. And while Coinbase found a replacement in U.K. upstart ClearBank, according to people familiar with the situation, the change has indirectly inconvenienced the exchange’s users.

That’s because, aside from the cachet of working with a household-name bank, Barclays connected San Francisco-based Coinbase to the U.K. Faster Payments Scheme (FPS), enabling users to instantly withdraw and deposit British pounds at the exchange. The end of the relationship disrupted Coinbase’s access to FPS – which in turn slowed deposits and withdrawals in GBP for U.K. customers, which now take days to process.

https://www.coindesk.com/barclays-is-no-longer-banking-coinbase

[JSRAW]

Click Here For More Pics

“Bitcoin is the Future of Money” Claims Bitpanda’s Guerrilla Projection Campaign

Bitpanda Promotes Bitcoin Across Three European Cities
The Bitpanda Global Exchange has published a video documenting what it describes as a “guerrilla projection” campaign. The cryptocurrency trading platform took to the streets of Europe armed with an immensely powerful projector and an even more powerful message.

Those behind the campaign projected a video clip promoting Bitcoin at a total of 33 different sites in Zurich, London, and Paris. Several pro-Bitcoin phrases flash up during the video. They include the following:

“Do you trust your bank?”

“Why invest like your parents?”

“Embrace the new.”

“Move before the rest.”

“Bitcoin is the future of money.”

[El duderino_]

It will be a downwards move IMO.





As said previously in this thread, sold last week around 11.6k, now placing an order buy at 10.6k.

Confident on this one.

We just came from 10.6 not long a go..... why didn’t you bought Then....  

Because he is a chart pundit. But there is another solution to his linear problem, besides a crash to 10600 now. If he draws a parallel line at 11400 he will get another crossing point in a week or two if that is what he is looking for.   Oh dear, such n00bs are cracking me up with their charts skills   I would bet that they will hardly get more than 30% profit in a good bull year with a 400%+ increase like the present. And then they will come here full of pride and joy and teach the holders with 100x profit.   Hilarious!

Thanks for your support, bro!


On a serious note, with my current job, after rent, food and personal expenses I can save circa 700 euros a month, on average. Since we all agree the price of BTC will eventually get to 50k, right? Then I should buy 700 euros of BTC per month, no matter the price, as long as it stays below 50k, correct?

Now that sounds like a great strategy. Will make me rich in 2 or 3 years time

Great idea to buy with your income.


What are you going to do?  Are you borrowing?  Mortgaging the house?  selling everything in order that you can make 5x in a few years? 


You do know that 5x is not guaranteed, too, right?

No but 10X, 20X are

[Negotiation]

https://twitter.com/search?f=tweets&vertical=default&q=bitcoin%20meme&src=typd

Just look at the waterfall on the right, HODL.

doubt focused girl/candlestick girl+candlestick same pattern activities difference girl is sexy market is bull.

[LFC_Bitcoin]

It will be a downwards move IMO.





As said previously in this thread, sold last week around 11.6k, now placing an order buy at 10.6k.

Confident on this one.

We just came from 10.6 not long a go..... why didn’t you bought Then....  

Because he is a chart pundit. But there is another solution to his linear problem, besides a crash to 10600 now. If he draws a parallel line at 11400 he will get another crossing point in a week or two if that is what he is looking for.   Oh dear, such n00bs are cracking me up with their charts skills   I would bet that they will hardly get more than 30% profit in a good bull year with a 400%+ increase like the present. And then they will come here full of pride and joy and teach the holders with 100x profit.   Hilarious!

Thanks for your support, bro!


On a serious note, with my current job, after rent, food and personal expenses I can save circa 700 euros a month, on average. Since we all agree the price of BTC will eventually get to 50k, right? Then I should buy 700 euros of BTC per month, no matter the price, as long as it stays below 50k, correct?

Now that sounds like a great strategy. Will make me rich in 2 or 3 years time

Great idea to buy with your income.


What are you going to do?  Are you borrowing?  Mortgaging the house?  selling everything in order that you can make 5x in a few years? 


You do know that 5x is not guaranteed, too, right?

No but 10X, 20X are

I think 10 x is probably very likely within the next 2-3 years. At that stage we’re talking about 100k per coin which will make most of us here very wealthy or at least uber comfortable financially.

I think 5 x is guaranteed, I’d be willing to bet on that tbh.

In the meantime, in response to the guy above yes, investing 700 euros a month in bitcoin is a very good idea.

[Negotiation]

I think 10 x is probably very likely within the next 2-3 years. At that stage we’re talking about 100k per coin which will make most of us here very wealthy or at least uber comfortable financially.

I think 5 x is guaranteed, I’d be willing to bet on that tbh.

In the meantime, in response to the guy above yes, investing 700 euros a month in bitcoin is a very good idea.

Sir, really possible $100k per Bitcoin next 2-3 years?
last year 2018 $20k to dump $3k....
after 2-3 year next $13k to $300 only.
Rich man to poor man possible.

[Bossian]

It will be a downwards move IMO.





As said previously in this thread, sold last week around 11.6k, now placing an order buy at 10.6k.

Confident on this one.

We just came from 10.6 not long a go..... why didn’t you bought Then....  

Because he is a chart pundit. But there is another solution to his linear problem, besides a crash to 10600 now. If he draws a parallel line at 11400 he will get another crossing point in a week or two if that is what he is looking for.   Oh dear, such n00bs are cracking me up with their charts skills   I would bet that they will hardly get more than 30% profit in a good bull year with a 400%+ increase like the present. And then they will come here full of pride and joy and teach the holders with 100x profit.   Hilarious!

Thanks for your support, bro!


On a serious note, with my current job, after rent, food and personal expenses I can save circa 700 euros a month, on average. Since we all agree the price of BTC will eventually get to 50k, right? Then I should buy 700 euros of BTC per month, no matter the price, as long as it stays below 50k, correct?

Now that sounds like a great strategy. Will make me rich in 2 or 3 years time

Great idea to buy with your income.


What are you going to do?  Are you borrowing?  Mortgaging the house?  selling everything in order that you can make 5x in a few years?  


You do know that 5x is not guaranteed, too, right?

I was being sarcastic. The whole forum has no idea if BTC will reach 50k one day, of course we all wish it does.

I was replying to a rude post from ivomm, I got mocked for prediction 10.6k two days ago, and here we are. Yes maybe I act "proud" of my prediction but when you get shit for no reason it's at least reasonable to acknowledge you talked shit and had no clue  It happens. Helps to be more humble too.
 In the meantime, I now buy again, sold at 11.6k, buy at 10.6k as planned last week     Don't know what will be the next move.

[VB1001]

UK Advertising Watchdog Upholds Complaints Against BitMEX Bitcoin Promotion

The U.K. Advertising Standards Authority (ASA) has upheld complaints over a bitcoin ad placed by crypto derivatives exchange BitMEX (HDR Global Trading).

The advertising regulator published its decision on Wednesday, saying that it supported the four complaints against the ad that had claimed it “failed to illustrate the risk of the investment,” “exaggerated the return on the investment” and “challenged whether it was misleading.”

The ad, placed on Jan. 3, 2019, purportedly to celebrate the tenth anniversary of mining of the first block of bitcoin on the same date in 2009, showed a graph spread across two pages, according to the ASA.

The ASA further described the promotion, saying:

It included a footer on the front page of a national newspaper that read “Thanks Satoshi, we owe you one. Happy 10th Birthday, Bitcoin”, the graph and text next to it and a full page article written by the CEO and co-founder of HDR Global Trading Arthur Hayes titled “Two sides of the coin: the bifurcated near-future of money.”

https://www.coindesk.com/uk-advertising-watchdog-upholds-complaints-against-bitmex-bitcoin-promotion

F..k, the UK is changing for the worse, typical English humor is disappearing to make way for stupidity.