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

[xhomerx10]

Do you know what happens on the eleventh and 12th year? I could only find for the 1-10 year cycle.

Assuming it is a cycle, repeat 1 to 10 for the 20 year cycle?

https://www.quora.com/What-is-W-D-Gann-time-cycle-its-application-in-stock-market

Yeah. After ten years, it does it a-Gann. Hence the name.

 

[Cryptotourist]

Fiat hitting exchange in 3, 2, 1...  

edit: 2:43 PM (0 minutes ago)

[suzanne5223]

Unexpectedly, despite an ROI 4 times higher than S&P500 since the beginning of the year, the Sharpe ratio of BTC is only a little bit lower than the S&P500 one.
It means BTC isn't disproportionately risky for such an ROI.

The Sharpe ratio was developed by Nobel laureate William F. Sharpe and is used to help investors understand the return of an investment compared to its risk. The ratio is the average return earned in excess of the risk-free rate per unit of volatility or total risk.
Subtracting the risk-free rate from the mean return allows an investor to better isolate the profits associated with risk-taking activities. Generally, the greater the value of the Sharpe ratio, the more attractive the risk-adjusted return.​

https://www.investopedia.com/terms/s/sharperatio.asp   

Thanks for the information but I'm still wondering how a lot of people comment about making losses through their bitcoin investment and i guess that happens through their impatient habit.
With that been said, the above picture stated December 31, 2018, and there's a chance for the price of each market to dump before it the last day of this year.

[LUCKMCFLY]

I like the approach with Elliot Waves, particularly I like to use them when Bitcoin is in the bullish trend stage ...

One for the Elliot wave fans...

Source: https://twitter.com/davthewave/status/1204593714762371072

[wachtwoord]

Unexpectedly, despite a ROI 4 times higher than S&P500 since the beginning of the year, the Sharpe ratio of BTC is only a little bit lower than the S&P500 one.
It means BTC isn't disproportionately risky for such a ROI.

The Sharpe ratio was developed by Nobel laureate William F. Sharpe and is used to help investors understand the return of an investment compared to its risk. The ratio is the average return earned in excess of the risk-free rate per unit of volatility or total risk.
Subtracting the risk-free rate from the mean return allows an investor to better isolate the profits associated with risk-taking activities. Generally, the greater the value of the Sharpe ratio, the more attractive the risk-adjusted return.​

https://www.investopedia.com/terms/s/sharperatio.asp   

Only if you accept volatility as a proxy for risk. I take issue with that assumption.

[jupiter9]

I think i found something interesting. Bitcoin 15th dec is very important. At least it was very important in 2017 and 2018! What happened on that day? On 15th dec 2017 bitcoin made ATH almost 20k. On the 15th dec 2018 it bottomed at 3k. Could 15th dec 2019 have reversal again?  https://bitcointalk.org/index.php?topic=5208757.msg53318853#msg53318853

[LFC_Bitcoin]

I think i found something interesting. Bitcoin 15th dec is very important. At least it was very important in 2017 and 2018! What happened on that day? On 15th dec 2017 bitcoin made ATH almost 20k. On the 15th dec 2018 it bottomed at 3k. Could 15th dec 2019 have reversal again?  https://bitcointalk.org/index.php?topic=5208757.msg53318853#msg53318853

I dunno, we were at the peak of an epic bullish rise in December 2017. We were at the absolute, depressing low of the last bear market in December 2018.

It seems December 2019 is like neither of the above, just an accumulation phase. The halving is in May 2020, the current situation is probably more similar to December 2015 or December 2016 (i.e. nothing-ness).

[jupiter9]

I think i found something interesting. Bitcoin 15th dec is very important. At least it was very important in 2017 and 2018! What happened on that day? On 15th dec 2017 bitcoin made ATH almost 20k. On the 15th dec 2018 it bottomed at 3k. Could 15th dec 2019 have reversal again?  https://bitcointalk.org/index.php?topic=5208757.msg53318853#msg53318853

I dunno, we were at the peak of an epic bullish rise in December 2017. We were at the absolute, depressing low of the last bear market in December 2018.

It seems December 2019 is like neither of the above, just an accumulation phase. The halving is in May 2020, the current situation is probably more similar to December 2015 or December 2016 (i.e. nothing-ness).

Allright then! ACcording to Gann theory the 22th December is very important. Maybe some whales who are rich AF do know this or they just buy or trade before this 22th dec date. 2017 and 2018 december were not the only bottoms. It's 2013 the bottom (flash crash) and in 2016 it was before the pump.

[Saint-loup]

Only if you accept volatility as a proxy for risk. I take issue with that assumption.

How do you evaluate the risk then?

[jojo69]

I hope BMB is doing OK 

place just isn't the same without him

[d_eddie]

via Imgflip Meme Generator

But the real question is: Who's painting the tape while we observe the wall?

[El duderino_]

via Imgflip Meme Generator

Belgian news

[wachtwoord]

Only if you accept volatility as a proxy for risk. I take issue with that assumption.

How do you evaluate the risk then?

Qualitatively.

Or the difference between the implied annualized rate of return and the risk free rate, if you want the market's opinion.

[cAPSLOCK]

I hope BMB is doing OK 

I often think fondly and hopefully of him, as well.

[willope]

"person of the year"

Belgian news

Maybe product of the year.

[Phil_S]

I think i found something interesting. Bitcoin 15th dec is very important. At least it was very important in 2017 and 2018! What happened on that day? On 15th dec 2017 bitcoin made ATH almost 20k. On the 15th dec 2018 it bottomed at 3k. Could 15th dec 2019 have reversal again?  https://bitcointalk.org/index.php?topic=5208757.msg53318853#msg53318853

I dunno, we were at the peak of an epic bullish rise in December 2017. We were at the absolute, depressing low of the last bear market in December 2018.

It seems December 2019 is like neither of the above, just an accumulation phase. The halving is in May 2020, the current situation is probably more similar to December 2015 or December 2016 (i.e. nothing-ness).

HM promised us mid-December doom-and-gloom, which I assume means 6400, but we'll see.

Dec 15th is Sunday, all kinds of crazyness could happen on a Sunday.

[gembitz]

mic, these NOCOINER haters ALWAYS know what the price is. They ask like, ‘how’s bitcoin doing’. They know because they always look. They’re so jealous & worried about what will/could happen with the price that they look even when they don’t own any.

My gf’s family are exactly the same. They sometimes have a little dig (nasty comment) when the price is not doing good. The thing is I’m not much of an asshole but I should be. I should say ‘bitcoin is doing fine actually, I could buy all of your houses without a mortgage right now with my bitcoin’s’.

I will wait until it’s six figures per bitcoin & start handing out sats to them like I do when I give change to homeless people in my town when I shop.

In life there are so many jealous, bitter people. It’s easy to tell who they are. The one’s who can’t help but drop a hateful comment here & there. It helps them forget about how shit their own lives are. There are plenty of people like that here - r0ach, The-One-Above-All etc.

~how's tether doing? lol

[infofront]

Maybe we should have a WO person of the year poll  

My vote goes to gembitz

[LFC_Bitcoin]

@american_hodl (Twitter)

┏┓
┃┃╱╲ In this
┃╱╱╲╲ house
╱╱╭╮╲╲ we stack
▔▏┗┛▕▔      fat sats
╱▔▔▔▔▔▔▔▔▔▔╲
        It’s Bitcoin bitch
╱╱┏┳┓╭╮┏┳┓ ╲╲
▔▏┗┻┛┃┃┗┻┛▕

#stackfuckingsats




Same right here, don’t @ me

[El duderino_]

Maybe we should have a WO person of the year poll  

My vote goes to gembitz

And post of the year

“Weeeeee”