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

[JayJuanGee]

"2x per year" lines, and 7-day price average:

Why you starting only at 2013 with your historical rendition and thereby prediction? 

And you really have any kind of reasonable belief that 2x per year would be a sustainable model in any kind of long term projection? 

I consider myself to be within the realm of consistently bitcoin bullish peeps, so I am no real stranger to attempting to fit in with the bitcoin bullis - but still Phil_S.  To me, it seems a bit much of an expectation that BTC prices would continue to 2x on an annual basis in the long term, even if we get BIG new money coming in and network effects that considerably expand use cases and liquidation.  I am just thinking that the slope of BTC's price appreciation should get less steep with the passage of time, no? 

Maybe the 2x price appreciation on an annual basis can last another couple of halvenings (four year cycles), but aren't we going to start to see some saturation that causes the slope to flatten out?

[El duderino_]

Here we have how BTC market is working..... all TA's flawed with this new footage

Just let our baby Yoda mature a bit

[JayJuanGee]

Good morning WO!
Observing @ $7,353

Too boring.

Meanwhile another bet?! 🤣

<snip>

Not my fault if now it's possible to place bets on BTC price going down, don't think it was possible back in 2017? Crazy year that was!




@Clement Kaliyar  
Would you agree with the following bet?

BTC price to go below 6k before 31 May 2020?

No it doesn't > I pay you 0.05 BTC
Yes it does > You pay me 0.05 BTC (my address is in my signature, I already have a long term pending bet )

Waiting for your reply on this.



<snip>

That is part of the problem.  The diptwat has found a new niche in which he was able to get away with (so far) not escrowing an earlier bet, so he has realized that he can bet whatever the fuck he wants.  There is no downside to his making whatever bet because he does not have to pay up front, and of course, he has little to no credibility in terms of reputation, so nothing to lose there, and he will neverr have to pay.. because he is a twat... but he might be able to collect.   

[Hueristic]

This December I have the hope that the demand in the market will grow, I have always seen that the demand of DeepWeb increases in December and the price increases, I hope this month is something similar to that of 2017 and not of 2018 ...

My guess is that it will be neither. The price right now is likely to be the same on December 31.

By the way, Betfair offers the following market.

• Under 5k
  5k to 10k
  above 10k

Respective betting odds are as follows:

• 6.20
  1.40
  8.10

For those not familiar with betting odds, any odds below 2.0 means the result is likely, odds of 2.0 means 50% chance to win, odds of 1.50 means 66% chance to win, etc.

I personally placed a bet at odds 1.60 (two weeks ago) for the price to be between 5k and 10k. For me it was easy money since all technical indicators show a closing price around 7-8k.

I even created this thread  
https://bitcointalk.org/index.php?topic=5202405.0


Looking good for a 60% profit (in fiat though).

I like betting especially when easy money is one the line  

https://www.trustpilot.com/review/www.betfair.com

[El duderino_]

[JayJuanGee]

Here we are. I just finished another model review.

If you're a fan of PlanB's work, you are probably going to like my conclusion. Let's try to eliminate the noise and stick with high quality. (This is most certainly not meant as a personal offence!)

https://twitter.com/BurgerCryptoAM/status/1200805469926887425

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

https://medium.com/burgercrypto-com/debunking-bitcoins-natural-long-term-power-law-corridor-of-growth-c1f336e558f6

I don't really understand this whole line of discussion about what is exactly wrong with the stock to flow model and why burger is suggesting some kind of superior model... or if it even matters why orange number goes up so long as it does.   

[Last of the V8s]

[JayJuanGee]

I hope you guys are ready for richard farts hex ponzi? 

Couldn't decide if i will claim HEX yet.
90% are auto-staked for a year. I wouldn't get more into HEX than this.
So why not? Still, it's work, and my time is limited atm, so maybe i'll miss some % of the free coins.

No such thing as "free" when you are dealing with an expert scammer... Richard Hart is expert at scamming and has a history of it, so it seems unfortunate that some people buy into his nonsense and want to participate in it, even if it has decent pumpening potential based on how much Hart is able to hone his scamming skills and to attempt to incentivize the greed (even if subliminal) of others.

[makrospex]

Elon seems kinda dumb to me about the truck. The reason why the design is so edgy, is that the tough steel plates can't be bent or somehow formed in any way.
Like hardened cars for diplomats, he could have hidden the edgy enforcement beneath a curvy layer of common sheet metal.
This would have made the thing look really good, like in your renderings.

You're the dumb one though. This is a genius marketing move. Think about it. If/when he releases a v2 Truck later down the road, it's going to be better than this one in pretty much every conceivable way especially the design. They won't be able to produce as fast as it sells, not that they'll be able to do it with v1 either.

That's why i wrote seems, not is (dumb)
But yeah, first his product has to get some hype, so why not through infinite ugliness 

[makrospex]

I hope you guys are ready for richard farts hex ponzi? 

Couldn't decide if i will claim HEX yet.
90% are auto-staked for a year. I wouldn't get more into HEX than this.
So why not? Still, it's work, and my time is limited atm, so maybe i'll miss some % of the free coins.

No such thing as "free" when you are dealing with an expert scammer... Richard Hart is expert at scamming and has a history of it, so it seems unfortunate that some people buy into his nonsense and want to participate in it, even if it has decent pumpening potential based on how much Hart is able to hone his scamming skills and to attempt to incentivize the greed (even if subliminal) of others.

So, to sum it up...
A Yes or a No-no?

[Phil_S]

Why you starting only at 2013 with your historical rendition and thereby prediction? 

The further we look in the past - the less relevant it is. What happened too long ago doesn't matter. I had to cut-off at some point.

And you really have any kind of reasonable belief that 2x per year would be a sustainable model in any kind of long term projection?  

Yes, not not too much long-term. Maybe just 2020-2022.

I think 2x per year is conservative enough estimate to last that long.

[JayJuanGee]

I hope you guys are ready for richard farts hex ponzi? 

Couldn't decide if i will claim HEX yet.
90% are auto-staked for a year. I wouldn't get more into HEX than this.
So why not? Still, it's work, and my time is limited atm, so maybe i'll miss some % of the free coins.

No such thing as "free" when you are dealing with an expert scammer... Richard Hart is expert at scamming and has a history of it, so it seems unfortunate that some people buy into his nonsense and want to participate in it, even if it has decent pumpening potential based on how much Hart is able to hone his scamming skills and to attempt to incentivize the greed (even if subliminal) of others.

So, to sum it up...
A Yes or a No-no?

Unless someone present me with some compelling reason to get involved, I don't consider it worth my attention to follow whatever hype momentum that diptwat is attempting to create with his launch of an obvious scam coin.... Yeah, it is starting to be discussed, including in this thread.. thanks a lot... anywhoooo...  Please don't try to convince me. 

Yeah, I claimed my Bcash and sold them, and I separated my bgold from my bitcoin but I have not cashed those bgold out, yet and they have been depreciating in value... Anyhow, so far, except the two listed, I have not participated in any other forkenings, so called "freebies" or airdrops or whatever.... and, I don't plan on engaging myself in such supposed "freebies" unless merely by coincidence they just fall into my wallet or if there were some compelling (and relatively safe and easy) reason to do so.  Don't try to appeal to me with supposedly "free" money because I already feel like I have enough money with whatever I am doing and my overall aversion to entertaining the pumpenings of obvious scammers.

[mindrust]

I hope you guys are ready for richard farts hex ponzi?  

Couldn't decide if i will claim HEX yet.
90% are auto-staked for a year. I wouldn't get more into HEX than this.
So why not? Still, it's work, and my time is limited atm, so maybe i'll miss some % of the free coins.

I don't trust that Richard dude anymore. He used to be cool when he was a bitcoin fan. I remember he used to say btc-only. He never liked eth at that time and now he is doing the exact opposite of what he used to warn us against. Creating a shitcoin and promoting it... on the scam coin printer, ethereum.

Even though I always liked to collect airdrops, I'll pass that one.

I watched a guy on youtube telling that how he is not the kind of person what we believe and I didn't believe it back in the day. Now I understand.

edit: looks like JJG already identified him as a scammer. I trust JJG more than Richard that's for sure.

[makrospex]

I hope you guys are ready for richard farts hex ponzi? 

Couldn't decide if i will claim HEX yet.
90% are auto-staked for a year. I wouldn't get more into HEX than this.
So why not? Still, it's work, and my time is limited atm, so maybe i'll miss some % of the free coins.

No such thing as "free" when you are dealing with an expert scammer... Richard Hart is expert at scamming and has a history of it, so it seems unfortunate that some people buy into his nonsense and want to participate in it, even if it has decent pumpening potential based on how much Hart is able to hone his scamming skills and to attempt to incentivize the greed (even if subliminal) of others.

So, to sum it up...
A Yes or a No-no?

Unless someone present me with some compelling reason to get involved, I don't consider it worth my attention to follow whatever hype momentum that diptwat is attempting to create with his launch of an obvious scam coin.... Yeah, it is starting to be discussed, including in this thread.. thanks a lot... anywhoooo...  Please don't try to convince me. 

Yeah, I claimed my Bcash and sold them, and I separated my bgold from my bitcoin but I have not cashed those bgold out, yet and they have been depreciating in value... Anyhow, so far, except the two listed, I have not participated in any other forkenings, so called "freebies" or airdrops or whatever.... and, I don't plan on engaging myself in such supposed "freebies" unless merely by coincidence they just fall into my wallet or if there were some compelling (and relatively safe and easy) reason to do so.  Don't try to appeal to me with supposedly "free" money because I already feel like I have enough money with whatever I am doing and my overall aversion to entertaining the pumpenings of obvious scammers.

No worries, i don't want to convince anyone.
You make a stand against scammers, what would not be right about that?
I have no idea, but i value your opinion (same as the opinions of most other WOs).
Regarding BCH and BTG, i did the same and by that time i didn't even have a whole BTC, but selling BCH made it finally possible to hodl my first whole BTC  
I sold too soon, asap to be precise, but i didn't feel bad because of that.

[LUCKMCFLY]

Little by little the moment approaches ...

Update on $BTC #Bitcoin Halving - Dec 1st 2019

Block Halving ETA: 164 days, 20 hours, 52 minutes

Date ETA: May 14, 2020

Blocks Until Halving: 23,791

*Retweet for awareness*

Source: https://twitter.com/BigCheds/status/1201234574107447298

[Bitcoin Smith]

After a long break,want to be more active here.

Let's see how the price is doing.

1BTC = $7332

[El duderino_]

Daaaaamn for writing such bad stuff about the WO etc I think that bossian guy is a lot writing here...

If I don't like a place or how they handle there stuff, then I don't join that group of people and go elsewhere with what I can offer or whatever....

[jupiter9]

I saw many tatoo photos here. WARNING! Be very carefull if you want a tattoo! Once your blood comes through your tattoo skin it becomes alive! So your symbol tatto is very important. Some of the symbols can have a good impact on you but most of popular tatoos don't! It's very important who creates your tatoo! In ancient times only highly respected priests created tatoos. Today every biker who listens to agressive satanic music can tatoo you. When your tatto becomes alive with your blood circulating through it's a newborn child and it has less impact. When it becomes older it gets stronger with more impact on your life.

[Hueristic]

Too many chemistry experts here.

Chemistry used to be the subject I liked most in my college 🤪
Seriously it was.

All I remember from chem I+II is the word Stoichiometry because it sounded pretty damn cool.
meh I still remember shit like avagado's number (6.022^23 iIRC) now that i think about it.

[Bitcoin Smith]

Its Christmas season bring some bullish trend Santa...