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

[realr0ach]

It's quite funny this lying retard Bitcoin propagandist "Plan B" claims that "silver is not money" while claiming Bitcoin is, and gold 'sort of is'.  HAHAHA.  Silver has even more monetary history than gold does.  This anonymous retard is probably Larry Summers himself.  And no, Bitcoin is not money, it's a currency.  All currencies are man-made, Keynesian scams based on artificial scarcity that start at a value of zero and always return there on a long enough timeline.

[LFC_Bitcoin]

via Imgflip Meme Generator

https://twitter.com/redditbtc/status/1186010667024863248?s=21

Tha lil Sunday pumps...
2 0 6 to halvening!!!
Plan B hopium.

I am totally ready for this kind of price. The life opportunities & possibilities are endless if/when we see $50,000.

Ideally I don’t want to sell anything until $100,000+ but I won’t risk selling nothing during this bull run.

It was horrible seeing us slide from $19,xxx to $3,xxx

I won’t be so dumb this time when the price starts rocketing upwards.
I’m going to need to take a substantial amount of fiat out to live the life I plan for.

The big question is to sell how many coins & at what price.
I’m not very decisive but I’m going to have to be this time.

[heslo]

via Imgflip Meme Generator

https://twitter.com/redditbtc/status/1186010667024863248?s=21

Tha lil Sunday pumps...
2 0 6 to halvening!!!
Plan B hopium.

I am totally ready for this kind of price. The life opportunities & possibilities are endless if/when we see $50,000.

Ideally I don’t want to sell anything until $100,000+ but I won’t risk selling nothing during this bull run.

It was horrible seeing us slide from $19,xxx to $3,xxx

I won’t be so dumb this time when the price starts rocketing upwards.
I’m going to need to take a substantial amount of fiat out to live the life I plan for.

The big question is to sell how many coins & at what price.
I’m not very decisive but I’m going to have to be this time.

Plan now, make a decision you're happy with and settle for it. Don't second guess, when it hits that price point just do it; you'll feel so much better that way

[wachtwoord]

I don't know why, but I now feel the urge to post another one:



Source: Bitcoin’s natural long-term power-law corridor of growth

This is an uberbullish log-log graph (log axis on values, log axis on time):

It predicts that the price will not reach $100 000 before 2021, but it also predicts that the price will not be lower than $100 000 by 2028. It predicts that the price will not reach $1 000 000 before 2028, but also that the price will not be lower than that after 2037. The model predicts ever increasing prices, although at a slower and slower rate.

Hope you like, Mic

Looking at the graph the maximum price before 2021 is well under 100k (90k).

Other than that: cool graph. Seems to be a bit more on the conservative side when compared to the past.

[Paashaas]

Fake-branded bars slip dirty gold into world markets.

https://mobile.reuters.com/article/amp/idUSKCN1VI0DD?__twitter_impression=true

[realr0ach]

I can't wait to find these hypothetical people to dump imaginary timestamps on for $1 trillion each.

[Bitcoinaire]

We're on the cusp of an explosive move upwards.

2012 halving reduced the new supply by $302,400 per week.

2016 halving reduced the new supply by $8,190,000 per week.

2020 halving will reduce the new supply by $63,000,000 per week.

Making the next #Bitcoin halving the most dramatic yet.

https://twitter.com/crypto_rand/status/1185153415875321859

[markj113]

Fake-branded bars slip dirty gold into world markets.

https://mobile.reuters.com/article/amp/idUSKCN1VI0DD?__twitter_impression=true

You do realise they are still pure gold so who cares?

[infofront]

For those that want to go to an exciting conference:

https://www.anarchapulco.com/

You may know one of the speakers that will be announced soon.

 

That's Jeff Berwick's (The dollar vigilante) event iirc.  I used to watch his content a couple years ago before he started reminding me of that coked out friend who lost his mind. Made some good calls in Bitcoin, at least I'll give him that.
Should be a good party for sure with a lot of familiar faces.  

What will you be speaking on?  

I liked Jeff Berwick too, until he got too close to Roger Ver and became an all-out bcasher.

[hv_]

For those that want to go to an exciting conference:

https://www.anarchapulco.com/

You may know one of the speakers that will be announced soon.

 

That's Jeff Berwick's (The dollar vigilante) event iirc.  I used to watch his content a couple years ago before he started reminding me of that coked out friend who lost his mind. Made some good calls in Bitcoin, at least I'll give him that.
Should be a good party for sure with a lot of familiar faces.  

What will you be speaking on?  

I liked Jeff Berwick too, until he got too close to Roger Ver and became an all-out bcasher.

Annos anarchos and / or criminals never have changed the world for good - so fine to ignore both

[dragonvslinux]

Current Weekly outlook: TD Sequential 9 currently up for grabs this week, haven't seen one of these since April 2019 and July 2018.
Full moon didn't do sh*t to decide, hoping this week can define a direction for the following weeks/months.
Looking at three potential scenarios long-term, as shown by A (bullish TD 9), B (wedge breakdown) and C ("bullish TD 9).

Part 9: TD Sequential 9 Next Week To Decide Direction?
..


Source: TradingView, October 20th 2019

Own work: dragononcrypto

[BitcoinGirl.Club]

Good morning WO!
Observing @ $8,243a
It seems we are recovering the price?

[realr0ach]

I liked Jeff Berwick too, until he got too close to Roger Ver and became an all-out bcasher.

I'm not sure how he hasn't figured out anarchy isn't a real 'thing', although Elwar hasn't either.  If you advocate for the complete abolition of government, all you get is some Liberian cannibal warlord strongman stepping in and taking over, then you have another new government you didn't want that's even worse than the one before.  Anarchy is nothing but an extremely brief, transitory state.  People don't adopt it due to the saying "the devil you know is better than the one you don't."

As for libertardianism, it's not really possible to practice libertardianism in a closed ecosystem, which is what the earth is.  You would need an ever expanding frontier to homestead on to do that.  Without an ever expanding frontier, you have a closed ecosystem, caged deathmatch where people constantly band together to avoid being exploited by the local psychopaths or the ones down the street, then you have government.  An ever expanding frontier does exist - it's called space, which may or may not be accessible by humans.  

[jackbauercsgo]

Back to price analysis....

3.5 month parabolic run at the initial stages of breaking down  

https://www.tradingview.com/x/PtdtsMU7/

[BitcoinGirl.Club]

Back to price analysis....

3.5 month parabolic run at the initial stages of breaking down  

https://www.tradingview.com/x/PtdtsMU7/

And what should we expect from this?

[realr0ach]

He's claiming the price should go up, but all that's really happened over the last several months is the jackass Chinese Bitcoin mining monopoly attempting to rig the price where it will still be profitable for them post-halving so they don't have to simultaneously shut down every miner they have right when the halving ticks.  In other words, the Bitcoin market is entirely fake.  More manipulated and fake than even the paper metals market.  If only there was a hero to bring the pain to the Chinese market fraud:

[jojo69]

Back to price analysis....

3.5 month parabolic run at the initial stages of breaking down  

https://www.tradingview.com/x/PtdtsMU7/

[jackbauercsgo]

Back to price analysis....

3.5 month parabolic run at the initial stages of breaking down  

https://www.tradingview.com/x/PtdtsMU7/

And what should we expect from this?

Parabolic breaks almost always lead to

1) Strong retracements back (~85% - 60% if I recall, don't have the stats in front of me atm)

2) Macro trend reversals (think of bitcoin run ups and what happens, like after btc hit $20k)

[Dabs]

We still have a lot of oceans to be our ever expanding frontier. We don't need to go to space for a long time yet.

[jackbauercsgo]

My personal expectation:

1) price retraces to ~$16k to $20k as we approach halving  <--  this implies like 6 month for a ~2x from here

2) parabolic price explosion upward won't occur until *after* halving, where price is strongly impacted by both regular users & speculators. 

3) For what it's worth, I think just about all alt/btc ratios will dump *until* we hit a new btc/usd ATH.  At that point, as BTC climbs to brand new highs, we'll see our first decent alt season in a while.  BTC will be the only long term coin worth holding, but alt seasons can help grow your stack.