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

[Last of the V8s]

The French are revolting.

[VB1001]

^^
Every time they talk about these prices I get sick, it is torture, because no one told me about bitcoin at that time ...

[El duderino_]

Good morning WO!
Observing @ $7,433
Nothing has changed since the last 24 hours however Liverpool got another 3 points

Person I sit next to, at work, was at the Brighton game in hospitality he was sat next to Ian Rush. Thought some of you guys would be jealous.

Cool, I’ve done hospo a good few times. Had Alan Kennedy in our corporate box once (not my box - friends of a friend thing). I’ve played footy with Lallana’s son in the corridors there before

Whats to hide ...... not bad looking at all, a bit smart actually #nohomo

[bitcoinPsycho]

The French are revolting.

Not all of them . Some of their woman are tasty

Like how even the poolice are on strike

[El duderino_]

Bob:

1) When thinking about the time spent stuck at 10k, just remember that a few years ago we were bitching endlessly about how it was stuck at $600. That was so damn annoying, we wished it would DO SOMETHING....

......................................  !!!

^
Whatever written there was easily doable in 1 or 2 lines, common man can't read a book every day  #nohomo

and BTW today = STFU you JJG

[OROBTC]

Two duct-taped banana work selling for $120,000 at Art Basel Miami, while the last one going for $150.000.

Didn't they thought about the decomposing process..



https://edition.cnn.com/style/article/art-basel-miami-maurizio-cattelan-banana-scli-intl/index.html?utm_content=2019-12-05T06%3A35%3A05&utm_source=twCNN&utm_term=link&utm_medium=social

This is effect ot the QE.
Easy money tide lift every boat.

Bitcoin hopelly will fix that.

Read Saifedean Ammous chapter on how hard money in the italian renaissance called for hard worked art (think about Michelangelo's frescoes on the Cappella Sistina).
Easy money calls for this .... i don't know how to define it.

This Everything Bubble is going to end very poorly.  Easy Money for those connected.  ZIRP and even NIRP.  Whether it goes with a bang or with a long whimper, hey, I don't know.

Diversification and low/no debt look like winning positions to me.

[OROBTC]

Interesting..

The impact of having 1% of a portfolio in Bitcoin

Therefore, it is of no surprise that investors have shown considerable interest in owning Cryptocurrencies such as Bitcoin

Continue reading at http://bbfta.org

Source: https://twitter.com/BritBlockchain/status/1202596214736392192

Ya pueden ver, amigos?

That 1% (my BTC hodlings of my net) can mean something, more than one might think!

Vamos, pues...

[VB1001]

The French are revolting.

You're happy this afternoon, I don't want to think what you think of other nationalities.

[jojo69]

The French are revolting.

In my experience, nothing gets the attention of the elites quite like the smell of burning BMW upholstery.

The frogs need to kick it up a notch.

[LFC_Bitcoin]

Good morning WO!
Observing @ $7,433
Nothing has changed since the last 24 hours however Liverpool got another 3 points

Person I sit next to, at work, was at the Brighton game in hospitality he was sat next to Ian Rush. Thought some of you guys would be jealous.

Cool, I’ve done hospo a good few times. Had Alan Kennedy in our corporate box once (not my box - friends of a friend thing). I’ve played footy with Lallana’s son in the corridors there before

Whats to hide ...... not bad looking at all, a bit smart actually #nohomo

FFS, you doxed me, man.

[goldkingcoiner]

https://www.bitlisten.com/

Interesting project. I would love to see the tx ID on mouse hover of every bubble. That can make it more informative.

Jeez thats relaxing.

One improvement I could recommend: 2 different background music playing. One a light happy tone for when there is a strong buy market and a dark tone for sell markets.

The French are revolting.

In my experience, nothing gets the attention of the elites quite like the smell of burning BMW upholstery.

The frogs need to kick it up a notch.

BMW is for turkish peasants. AUDI is where it's at. GET ON MY LEVEL!

[mindrust]

Why are you using his year old prediction?

There is another in his telegram channel and it is much more actual:



And here is his last comment (week ago):
There we have a weekly ma200 for 4000. We can visit it. And that fits the picture above.
So, according to this traingle picture we will see something around 4K till next year.

I am starting to think that maybe, new ATH won't happen any time soon. (in the next 2 years) If this shit graph becomes real, you should target the halvening after this one. Not the next one in May/2020. BTC can always surprise us suddenly but I am starting to lose hope.

It would make sense too. The bigger the triangle, the longer we wait for the next run. 20k ATH triangle was a lot bigger than the 1k ATH triangle so the bowl should be wider...

[makrospex]

The French are revolting.

In my experience, nothing gets the attention of the elites quite like the smell of burning BMW upholstery.

The frogs need to kick it up a notch.

It's the french view on democracy.
But it's fine that way. In most other "modern" countries most people are too tired, lazy or distracted to go on the streets and show the gov who is in charge.
Actually, it's we who pay these incompetent politicians, so it's them working for us, not the other way round. This is an aspect the french won't let their leaders forget.

[makrospex]

Why are you using his year old prediction?

There is another in his telegram channel and it is much more actual:



And here is his last comment (week ago):
There we have a weekly ma200 for 4000. We can visit it. And that fits the picture above.
So, according to this traingle picture we will see something around 4K till next year.

I am starting to think that maybe, new ATH won't happen any time soon. (in the next 2 years) If this shit graph becomes real, you should target the halvening after this one. Not the next one in May/2020. BTC can always surprise us suddenly but I am starting to lose hope.

It would make sense too. The bigger the triangle, the longer we wait for the next run. 20k ATH triangle was a lot bigger than the 1k ATH triangle so the bowl should be wider...

Even when you consider how many fingers were burnt at the end of Q4/2017 and after, it should naturally take a while to gain the needed faith into this powerful asset again. Until then it's mostly bears going to the party.
But why is the support line not starting at the very bottom, this would make a visit to slightly below $5000 more likely, if my weak eyes are seeing this correctly?

[Elwar]

Very sad to me how shit rises to the top, while hard working and passionate senior engineers get utterly abused and humiliated, by being forced to serve under managers that couldn't code "Hello World" in BASIC.

As I worked through the world of engineering and salaries I realized that there was a sort of ceiling as far as wages go. You could hit senior level and there was usually nothing above that.

Not being satisfied with just staying under that ceiling (high compared to most careers but a ceiling nonetheless) I went and got my Master's degree in IT management in order to step into that world where there is no ceiling (CEOs are at the top of that salary range and there is no limit there).

I hated the idea of being a manager. My master's degree was such a piece of cake compared to my Bachelor's in IT. I eventually discovered that you can get a significant bump to that ceiling by working overseas. The only limit there is how dangerous or shitty a location you're willing to go to but it tended to double or triple that ceiling. I was satisfied with that as an alternative to being management. Fortunately I was able to get out before becoming a manager. Even though, I guess now I am considered management level at Ocean Builders. Fortunately it does not feel like it yet.

[makrospex]

Very sad to me how shit rises to the top, while hard working and passionate senior engineers get utterly abused and humiliated, by being forced to serve under managers that couldn't code "Hello World" in BASIC.

As I worked through the world of engineering and salaries I realized that there was a sort of ceiling as far as wages go. You could hit senior level and there was usually nothing above that.

Not being satisfied with just staying under that ceiling (high compared to most careers but a ceiling nonetheless) I went and got my Master's degree in IT management in order to step into that world where there is no ceiling (CEOs are at the top of that salary range and there is no limit there).

I hated the idea of being a manager. My master's degree was such a piece of cake compared to my Bachelor's in IT. I eventually discovered that you can get a significant bump to that ceiling by working overseas. The only limit there is how dangerous or shitty a location you're willing to go to but it tended to double or triple that ceiling. I was satisfied with that as an alternative to being management. Fortunately I was able to get out before becoming a manager. Even though, I guess now I am considered management level at Ocean Builders. Fortunately it does not feel like it yet.

Just managing an IT company or branch doesn't make an IT manager in my opinion. It's just a manager then.
Only a manager with a computer degree should be allowed to become a master at IT management. This would save a lot of trouble.
Most managers i dealt with in the IT were former salesmen.
It's also a difference if a manager is a slave to the stock holders or monetary goals of the company, or if he/she can truly act in a global, balanced and economic way.

The other thing: Seniors are very good at playing the role of the sane voice in project making and design phases. But who needs sane voices in a world of profit maximizing?

[LUCKMCFLY]

Many claim that Strong Gold Performance to Boost Bitcoin, In fact, gold could benefit from Bitcoin ..

According to  Mike McGlone (  Bloomberg Intelligence commodities analyst )

The “Bitcoin is digital gold” narrative isn’t the only reason why the analyst is bullish on the cryptocurrency market heading into 2020. McGlone also wrote that Bitcoin is “winning the adoption race among crypto assets and is become increasingly scarce, which favors price appreciation.

Many expectations for Bitcoin by 2020, including:

1.- The strong growth in U.S. equities, namely the S&P 500, implies that investors will soon start allocating more capital to risk-on investments like Bitcoin and cryptocurrency.

2.-The halving.

3.-While China has taken a harsh stance towards Bitcoin thus far, he noted that the authorities in China remain pro-digital assets because they are pro-blockchain.

A nice reading here: https://www.cryptomak.co.uk/bloomberg-bitcoin-price-likely-to-head-higher-alongside-gold/?utm_source=dlvr.it&utm_medium=twitter

[infofront]

The French are revolting.

Nauseatingly revolting

[JayJuanGee]

Bitcoin BEAM indicator

#bitcoin #btc

Live here: https://digitalik.net/btc/beam_indicator

@BitcoinEcon

https://twitter.com/digitalikNet/status/1202383513552609280?s=20

Very intresting indicator:
 

BEAM stands for "Bitcoin Economics Adaptive Multiple" and is the result of experimenting with various indicator types and formulas for almost 2 years. Various other designs were dropped or improved until reaching a satisfying result.

BEAM may look like a typical indicator, but can also be used as a basis for an anti-cyclical investment plan for Bitcoin as well as other crypto assets whose cycle is tied to that of Bitcoin. Roughly speaking, BEAM divides the price of bitcoin at any given moment to a moving average of past prices. This makes price trends more clearly visible.

This indicator is also available in tradingview to play with:

BEAM on TradingView
I developed BEAM in Pine Script on Tradingview.com. Recently I published “BEAM” and “BEAM Bands” there. So at Tradingview.com you can apply them to charts by clicking the Indicators button and searching for them. To apply them to Bitcoin I recommend that you enter “BNC:BLX” for displaying the “BreaveNewCoin Liquid Index for Bitcoin” chart and set the time frame to 1 day. The BLX chart shows all historical Bitcoin prices since mid 2010.

Heading into the halving within a bearish trend.. Never seen before. This is fine.

Never a boring day/month/year in Bitcoinlandia.

You call 5.5 months away from halvening "heading into?"

Do you remember the halvening in 2016 was in June?  November 2015 to May 2016 was a pretty fucking bearish time-period, if I recall correctly.

[El duderino_]

The French are revolting.

Nauseatingly revolting

Mmmm google-translate didn't work on that one