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

[El duderino_]

Finally a place where the assholes of the world can unite and talk about.. uhm.. their assholes ?  
Do we get a new poll about this new topic as well ?

Edit : mmmm maybe we should first address current poll.
question : does Mic own a boat ? Could help with the voting....

He don't like boats, so there's that.

You see what happens......

[lightfoot]

The approximate scale of the largest known supermassive black hole (S5 0014+81) compared to the size of our solar system.

The size of the largest black hole is smaller than the distance between protons in a nucleus.

The event horizon around a black hole may eoncompass a wide region, but that's not the size of the hole.

[Bossian]

what's it gotta take to make the monthly turn green ?

there bulls i gave u a target.

Please read my analysis > https://bitcointalk.org/index.php?topic=5205204.0

[alevlaslo]

[Totscha]

The approximate scale of the largest known supermassive black hole (S5 0014+81) compared to the size of our solar system.

The size of the largest black hole is smaller than the distance between protons in a nucleus.

The event horizon around a black hole may eoncompass a wide region, but that's not the size of the hole.

Actually... What you are talking about is the singularity in the center. Which has no size. Or we at least have no idea of how to accurately measure/calculate it. Basically a mathematical point.

On the other hand we have a very good idea what size the event horizon is. And last but not least, what about the accretion disk? Is this somehow not a part of the phenomenon we call a black hole?

The same way the size of an atom is considered as the diameter of the outermost electron shell and not just the nucleus...

[El duderino_]

lol
where the hell is Bob?

Packing for vacation. Rick and I are heading to Turks and Caicos tomorrow to tan our assholes. Will be back early next week.

Pics or it didn't happen!

STFU JJG ...... Thursday is here thank youuuu

[fillippone]

Someone betting on GOLD going to $4,000:

Bold Bets That Gold Could Triple to $4,000 Trade in New York

Around noon in New York Wednesday, 5,000 lots of a gold option giving the holder the right to buy the precious metal at $4,000 an ounce in June 2021 changed hands. The bets were sold at $3.50 an ounce.

First thoughts:

• If gold goes to $ 4,000, what happens to digital gold?
• Might be something hedging their short positions on gold (like, but opposite to, Ray Dalio buying puts on the S&P?)

[Alexander_Z]

Nice to see this pump has scared all bear trolls away    Five digits by Monday next week?

The trend is still clearly bearish, bro.

It's a bounce back. I think there will be another low soon around 6.5k and another bounce back towards 9k (nice one) for beginning of next year. But the trend clearly showing an ABC correction (zigzag) towards the 4k-ish direction, it would be silly to buy now, I'd rather wait until next year.

Of course there is always a possibility to break above 12k (that would mean 20k after that) but the probability of this scenario is very low right now.

Long term holders have nothing to worry about but that means very long term (2025 and after that), but for 2020 no reason to be optimistic. I will personally sell at 9k and wait for another buy point which would be around 4k next year.


PS: there is nothing "trolling" about calling bear trends. It is crystal clear the trend is bearish right now and will last for at least 6 months. 

Towards 4k? That would be sad indeed. What do you think about bouncing off 5.2k and forming inverse head and shoulders (with 5.2k during early 2018 and 3k during the last winter)? As for short term - does waiting for another 6-6.5k low and buying at that level to sell during bounce make sense? I am talking about small amounts, my main stash is for long-term holding.

Yes, the trend is undoubtedly bearish. I have been reading this thread for a long time and I lost count of "last opportunity to buy below 5 digits" and "buy the dip" posts during bear market...

[Bossian]

Nice to see this pump has scared all bear trolls away    Five digits by Monday next week?

The trend is still clearly bearish, bro.

It's a bounce back. I think there will be another low soon around 6.5k and another bounce back towards 9k (nice one) for beginning of next year. But the trend clearly showing an ABC correction (zigzag) towards the 4k-ish direction, it would be silly to buy now, I'd rather wait until next year.

Of course there is always a possibility to break above 12k (that would mean 20k after that) but the probability of this scenario is very low right now.

Long term holders have nothing to worry about but that means very long term (2025 and after that), but for 2020 no reason to be optimistic. I will personally sell at 9k and wait for another buy point which would be around 4k next year.


PS: there is nothing "trolling" about calling bear trends. It is crystal clear the trend is bearish right now and will last for at least 6 months.  

Towards 4k? That would be sad indeed. What do you think about bouncing off 5.2k and forming inverse head and shoulders (with 5.2k during early 2018 and 3k during the last winter)? As for short term - does waiting for another 6-6.5k low and buying at that level to sell during bounce make sense? I am talking about small amounts, my main stash is for long-term holding.

Yes, the trend is undoubtedly bearish. I have been reading this thread for a long time and I lost count of "last opportunity to buy below 5 digits" and "buy the dip" posts during bear market...

Buying at 6.5k is certainly good for a short term profit. If not too greedy of course, I mean small profit like 20-25%, 6.5k is a very strong support for now.
About next year, "bouncing off 5.2k" well the ABC correction clearly shows we will go below 5k, but perhaps we will stay around 5.5k for a while but for me we definitely go below 5k at some point next year.
I am curious to see how 2020 unfolds. If this prediction becomes true then we'll use the same tools for 2021-2025.


About the chart posted by alevlaslo, I like it.




I like it because it confirms the bearish trend for 2020 but it's a more a long term prediction anyway which looks bullish. I am convinced Bitcoin price will be very good in 2025 but there should be a lot of blood in 2020 and 2021 which many holders losing hope.

[degxtra1]

what's it gotta take to make the monthly turn green ?

there bulls i gave u a target.

Please read my analysis > https://bitcointalk.org/index.php?topic=5205204.0

Please forget about the halving by the way this is a delusional bet.

I for once place a sell order at 9k and wait for next year scenario but a price of 1k would be fantastic. That's a very long term scenario though. I would even say 1k would be necessary for another big peak at 20k (and possibly above).

Mate, this sounds like delusional bear after drunked 1 liter of vodka at once.

1k would be fantastic? yeah, sure fantastic... why so much , why not 1$ - this could be trully fantastic

what the fucktard..

[El duderino_]

The wise-guy traders will get REKT eventually with there "all knowing" thoughts.... good to keep the main stash in long term HODL mode, the I sell all at 9K can be good some times, will end in REKT most of the times.

[vroom]

worst TA ever. below $15000 until 2024, you must be completely retarded.

[El duderino_]

what's it gotta take to make the monthly turn green ?

there bulls i gave u a target.

Please read my analysis > https://bitcointalk.org/index.php?topic=5205204.0

Please forget about the halving by the way this is a delusional bet.

I for once place a sell order at 9k and wait for next year scenario but a price of 1k would be fantastic. That's a very long term scenario though. I would even say 1k would be necessary for another big peak at 20k (and possibly above).

Mate, this sounds like delusional bear after drunked 1 liter of vodka at once.

1k would be fantastic? yeah, sure fantastic... why so much , why not 1$ - this could be trully fantastic

what the fucktard..

Also do know, only read he's topic's, if one doesn't agree or speaks different thinking..... then post will be deleted in that misery self moderated thread, just another troll

[LFC_Bitcoin]

$1,000 before $20,000?

Who’s been drinking kool aid?

[Bossian]

worst TA ever. below $15000 until 2024, you must be completely retarded.

To be honest I found this chart quite realistic, remember how the market was until the all time high in December 2017.
Then the massive correction, don't forget, 19k to 3k in 12 months, never forget that.
Waiting until 2023 actually before seeing 15k again is not delusional if we see the long term trend. Also it would be healthy IMO. What's interesting is what follows: years 2025 and 2026 would be epic.

[Bossian]

what's it gotta take to make the monthly turn green ?

there bulls i gave u a target.

Please read my analysis > https://bitcointalk.org/index.php?topic=5205204.0

Please forget about the halving by the way this is a delusional bet.

I for once place a sell order at 9k and wait for next year scenario but a price of 1k would be fantastic. That's a very long term scenario though. I would even say 1k would be necessary for another big peak at 20k (and possibly above).

Mate, this sounds like delusional bear after drunked 1 liter of vodka at once.

1k would be fantastic? yeah, sure fantastic... why so much , why not 1$ - this could be trully fantastic

what the fucktard..

1k is unlikely, but if that happens then yes it's fantastic because of the strong support there, and imagine buying coins at this price! Not many would dare actually because most would think Bitcoin is dead but for me that would mean 500% profit minimum almost guaranteed.

But this price of 1k is not likely, I prefer the price of 4k-ish for next year. Again I like the chart posted by alevlaslo.  

[El duderino_]

^
When somebody likes a troll/n00b's chart



 

[Bossian]

The wise-guy traders will get REKT eventually with there "all knowing" thoughts.... good to keep the main stash in long term HODL mode, the I sell all at 9K can be good some times, will end in REKT most of the times.

I don't know what REKT means but I guess it means screwed. Well for me this is a low risk anyway.
As said previously the price of 12.5k is extremely important, if we get past that price then I will put all my savings into Bitcoin to buy at 13k-ish, guaranteed profit. So it's not a big deal to sell at 9k anyway, since I believe Bitcoin goes down next year, but if I'm wrong then buy at 13k and that's still a fantastic profit, seeing 13k again means back to 20k in a blink of an eye.

You can post in the other thread by the way I won't delete this time, I promise 

[LFC_Bitcoin]

The halving is in 6 months Bossian, you’re either trolling or totally retarded if you think $4,000 is likely with a block reward halving imminent. That’s a 50% drop from here. It just isn’t going to happen.

Look at the price movements leading up to & following the previous block reward halvings.
You clearly have no idea what you’re doing or you’re trolling & I can’t figure out which.
 

[Bossian]

The halving is in 6 months Bossian, you’re either trolling or totally retarded if you think $4,000 is likely with a block reward halving imminent. That’s a 50% drop from here. It just isn’t going to happen.

Look at the price movements leading up to & following the previous block reward halvings.
You clearly have no idea what you’re doing or you’re trolling & I can’t figure out which.
 

Halving either won't have an impact, or it will but certainly not before 2 or 3 years. If only it was that simple, everyone would be making money with the halving coming soon. That's extremely simplistic to think this way.
I didn't say 4k for sure, but below 5k most probably next year.