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

[d_eddie]

There is no way for BTC to get to value in the millions without dollar losing value. As simple as that.

I remember people saying the same thing about $1000

The dollar actually has lost some purchasing power since the time it was worth more than 1 mBTC. Say, it buys 80% of what it did.

Btc gained ~1.5 orders of magnitude - from 400 to 12k, say.

Different dynamics, kind of apples vs oranges.

A million dollar btc is a couple more orders ahead. The dollar could lose another 50% or so. Big Mac at $12-15$?

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[legendster]

I am involved with Vsys for a few weeks now. Almost 2 months to be exact. What do you think about its movements?

...

Never heard of it, we don't talk about shit coins in this thread unless we are dumping on ETH,BSV or BCH.

If you are dumping on BCH please ping me. I want that shit dumped to oblivion. I have a similar hatred for BSV but not as profound as in the case of BCH.

[d_eddie]

Even fu**ing lambie has a hat!

:facepalm:

The women of ENIAC

 
 Now you've got one too

edit:

You are an artist. You retort as one for sure.  

+1 WOsMerit

[JayJuanGee]

hat
Correlation explains the relation between altcoins and Bitcoin. No need to pretend like, the owner of this Twitter account has heard about the correlation first time. Shitcoins will never act with the top cryptocurrencies and they have the special market cycles from my experience. The good example for the correlation is the altcoins and Ethereum if the price of the ETH moves to the higher prices altcoins will follow the path of the mother coin logically.

It seems to me that DanHedl is tweeting from the perspective that all cryptos, other than bitcoin, are shitcoins, and he is making a cute expression that might not actually play out very well factually.

Of course, we are not going to find complete correlation because there are going to be times when some coins get pumped and dumped separately.

Also, we cannot really expect patterns to repeat, especially when it comes to presumptions that there might be another altcoin season or that altcoins are NOT going to be purged (generally speaking) another 50% or more of their value before they might be ready to pump, again - that is if they are still alive after such additional purging.

Will bitcoin be affected?  Probably.  In what direction will bitcoin be affected?  Difficult to determine because bitcoin has another dynamic that is going on, which is the halvening and a lot of likely hype that is going to continue to build around that.  Of course, shitcoins want to hang onto bitcoin's coattails, because they know that bitcoin is having the upcoming upwards price pressures that are associated with the halvening.... and I am surely not going to either presume to know with any amount of certainty if there is going to be correlation with bitcoin or even correlation amongst the shitcoins, even though I still find Dan Hedl's tweet to be quite humorous in a quippy kind of way.

[btcbeliever]

sub 10000 incoming?

[nikauforest]

Here we go again sub 10k

[JayJuanGee]

BeeCash, BSh*tV feelings ??

Bcsh and BSV was free money. don't pretend that you did not got them.

Don't be retarded, rebal15.

Bcash was free money based on a fork that occurred on August 1, 2017.  Surely, it took bitcoin HODLers many months to either cash out their bcash for bitcoin, so in that regard, the only bitcoin HODLers who got BSV were those who still held some Bcash at the time of the BcashSV forkening in mid November 2018.

I really don't know how free that money would have been, because anyone still holding bcash in mid-November 2018 would have suffered quite a bit from the subsequent crash and also the confusion about how safe it might have been to attempt to cash out Bcash SV.  Anyhow, none of that "free cash" would have been exactly easy pickings... you dumb fuck (referring to rebal15).

[Hueristic]

hat
Correlation explains the relation between altcoins and Bitcoin. No need to pretend like, the owner of this Twitter account has heard about the correlation first time. Shitcoins will never act with the top cryptocurrencies and they have the special market cycles from my experience. The good example for the correlation is the altcoins and Ethereum if the price of the ETH moves to the higher prices altcoins will follow the path of the mother coin logically.

It seems to me that DanHedl is tweeting from the perspective that all cryptos, other than bitcoin, are shitcoins, and he is making a cute expression that might not actually play out very well factually.

His statements are pretty clear and that is not was he said.
It is possible that that is what he meant.


Buy The Dip time again...

[Bitcoinaire]

Sub $9700.
Fake out before the breakout...

[yefi]

Sub $9700.
Fake out before breakout...

Let's hope so. Another bear won't be much fun.

[legendster]

There is no way for BTC to get to value in the millions without dollar losing value. As simple as that.

I remember people saying the same thing about $1000

The dollar actually has lost some purchasing power since the time it was worth more than 1 mBTC. Say, it buys 80% of what it did.

Btc gained ~1.5 orders of magnitude - from 400 to 12k, say.

Different dynamics, kind of apples vs oranges.

A million dollar btc is a couple more orders ahead. The dollar could lose another 50% or so. Big Mac at $12-15$?

2015 was the strongest year for Dollar post 08 crisis. And in 2016 dollar was just beginning to fall again. The 2017/18 btc run was a time when dollar only slightly weaked each year.

Although this is too small of a time frame to make a prediction, but does your theory hold out here?

When BTC became significant in 2010. A $100 from 1799 was worth $1,772.81. It is now worth. Today it is worth $2,085.84. So yes, dollar did lose a lot of purchasing power but saying that directly transferred to BTC somehow is wrong.

Investments into btc is not just from dollar hoarders. There are a lot of european old money in it as well.

[jojo69]

it's over guys


turn off the last miner when you're done

[JayJuanGee]

Damn a few percentages up and i'm reading alt season everywhere ........

The Nice thing about it is that they are up VS ETh!!!

More proof ETH is the King of Shitcoins.Lol

Damn a few percentages up and i'm reading alt season everywhere ........

yeah cos since margin trading came in for binance plebs, that plus a few % up is what passes for altszn nowadays

Yup, a new Casino is in town.

I am involved with Vsys for a few weeks now. Almost 2 months to be exact. What do you think about its movements?

https://coinmarketcap.com/currencies/v-systems/

Ever since it was promoted through ZB, it gained a lot of momentum. And its prices aren't really affected either by BTC' or Eth's minor tumbles in price (in either direction).

I am guessing this is because it is not yet fully exposed to the global markets, but with the recent additions in so many exchanges, that's starting to change. How big of a market cap do you think Vsys needs to attain before price swings of btc / eth would start to affect it in a more observable way?

Question is open to all..

What the fuck does Vsys have to do with bitcoin wall observenings?  In other words, why the fuck should we care about that shitcoin in terms of our shared interest (herein this thread) in bitcoin?

I am involved with Vsys for a few weeks now. Almost 2 months to be exact. What do you think about its movements?

...

Never heard of it, we don't talk about shit coins in this thread unless we are dumping on ETH,BSV or BCH.

What Hueristic said.   

[legendster]

Don't be alarmed WOWatchers.



This is a falling wedge. A Bullish pattern.

Prepare for a breakout any time now..

[GreatArkansas]

Who bought  that dip?  

via Imgflip Meme Generator

[JayJuanGee]

... patronizing tone...

hmmmmmmm

Look at the nose of Jo-²

Seems to be where it does not belong.



Again.   



 

[Hueristic]

[legendster]

What the fuck does Vsys have to do with bitcoin wall observenings?  In other words, why the fuck should we care about that shitcoin in terms of our shared interest (herein this thread) in bitcoin?

The same reason why any other altcoin matters tbh. I am involved with them and wanted a perspective from harcore btc supporters. Asking for an opinion does not equate to asking to care about that said thing..

[JayJuanGee]

There is no way for BTC to get to value in the millions without dollar losing value. As simple as that.

I remember people saying the same thing about $1000

The dollar actually has lost some purchasing power since the time it was worth more than 1 mBTC. Say, it buys 80% of what it did.

Btc gained ~1.5 orders of magnitude - from 400 to 12k, say.

Different dynamics, kind of apples vs oranges.

A million dollar btc is a couple more orders ahead. The dollar could lose another 50% or so. Big Mac at $12-15$?

You mean that my million dollars is only going to be worth half a million?

That sucks!!!!

[Hueristic]

There is no way for BTC to get to value in the millions without dollar losing value. As simple as that.

I remember people saying the same thing about $1000

The dollar actually has lost some purchasing power since the time it was worth more than 1 mBTC. Say, it buys 80% of what it did.

Btc gained ~1.5 orders of magnitude - from 400 to 12k, say.

Different dynamics, kind of apples vs oranges.

A million dollar btc is a couple more orders ahead. The dollar could lose another 50% or so. Big Mac at $12-15$?

You mean that my million dollars is only going to be worth half a million?

That sucks!!!!

Still worth more than CSW's Tulip Trust.

Nite all.