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Question: Where will this rally top out?
Already topped <$7,000 - 12 (24%)
$7,000-$7,499 - 3 (6%)
$7,500-$7,999 - 5 (10%)
$8,000-$8,499 - 3 (6%)
$8,500-$8,999 - 4 (8%)
$9,000-$9,499 - 1 (2%)
$9,500-$9,999 - 0 (0%)
$10K+ - 22 (44%)
Total Voters: 50

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21583952 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (143 posts by 33 users deleted.)
jupiter9
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January 24, 2020, 02:12:36 PM

Chinese people celebrate today the new lunar year (chinese new year). The new year will be in the sign of rat. The new moon year begins...tic toc...tic toc....
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gentlemand
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January 24, 2020, 02:15:20 PM

Thanks. I clicked that at work  Angry

We noticed.

I'm the buxom blond with the Captain Birdseye beard.

Usually I only deal with sailors but the boss has made an exception. Let's negotiate.
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January 24, 2020, 02:16:03 PM
Last edit: January 24, 2020, 02:27:21 PM by Gyrsur

good opportunity to buy back in?



now we need constantly up momentum please.



we've had the up momentum but now we are stuck at the next mark.

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January 24, 2020, 02:24:50 PM
Merited by JayJuanGee (1)

The new adjustment is approaching.

Quote
+6% difficulty adjustment next Tuesday💥
https://diff.cryptothis.com


Source: https://twitter.com/100trillionUSD/status/1220672280730226689
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January 24, 2020, 02:34:26 PM

looks good boys, we can go back to #HODL sleep.

#nohomo and peace out
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January 24, 2020, 02:43:36 PM
Merited by jbreher (2), Last of the V8s (1)

Chinese people celebrate today the new lunar year (chinese new year). The new year will be in the sign of rat. The new moon year begins...tic toc...tic toc....

 Does that mean this will be the year the rat coronavirus attains the ability to infect humans.  We got SARS in the year of the cat, MERS in the year of the camel, swine flu in the year of the pig... gong xi fa cai!1



#Year of the Ratpoison2
 excellent use of dumbbells - very creative.

 In other viral news:
 
*Cryptosporidiosis
Also known as crypto, cryptosporidiosis can spread to humans who have contact with the poop of an infected dog, cat, or farm animal. The parasitic disease can cause fever, nausea, abdominal cramps, vomiting, and diarrhea. Crypto generally goes away without treatment, unless the person's immune system is compromised. Then it can be deadly.

*from https://www.cbsnews.com/pictures/10-scary-diseases-pets-give-people/6/

 lol crypto

1 May or nay not be true.
2 not a footnote, it literally means 'squared'
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January 24, 2020, 02:48:38 PM

Hawaii Introduces Bill Authorizing Banks to Offer Crypto Custody

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The Hawaii State Senate has passed the first reading of a bill authorizing banks to hold digital assets in their custody.

The bill was introduced on Jan. 17 by five state senators, including the only Republican member of the Senate, Kurt Fevella. It passed the first reading on Jan. 21 and was then referred to the committees on Judiciary and Commerce, and Consumer Protection and Health on Jan. 23.

The bill specifies the set of provisions which a bank must adhere to in order to provide custodial services for digital assets. Custodial services cover “the safekeeping and management of customer currency and digital assets through the exercise of fiduciary and trust powers under this section as a custodian and includes fund administration and the execution of customer instructions.”

https://cointelegraph.com/news/hawaii-introduces-bill-authorizing-banks-to-offer-crypto-custody
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January 24, 2020, 02:53:18 PM

A nice analysis.

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Some of you can't read..

Here is a simple chart with 3 levels:
- Holding 50MA is good
- Holding 20MA is bullish,
- Losing the 100MA is bearish! (IF we lose it (pay attention, I said IF!) I will be extreme bearish on #Bitcoin and consider a 1k target)

For now target = 10.965



Source: https://twitter.com/888Velvet/status/1220714005376983041
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January 24, 2020, 02:57:44 PM

What exchanges do people recommend for sMerit???

https://www.bourdela.com/

Quote
Online:  2305

Thanks. I clicked that at work  Angry

Never trust anyone with less than Legendary.

On that note never trust anyone with Legendary.
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January 24, 2020, 02:59:39 PM
Last edit: January 24, 2020, 03:18:21 PM by Elwar






Those are absolutely awesome aesthetics. I assume it is just a render but... will the "real life" interiors really look that impressive?

That is a *HUGE* leap forward from the first prototype for sure.



We have a 20x8 foot 3D printer that will be able to print sections down to the millimeter. So we can do some very detailed and unique designs. We are focused on getting the sexy look and feel to it so it should be quite impressive. We (by we, I mean the guy funding it) are ok with taking the monetary risk to throw our success in Panama in Thailand's face.

The underwater room is an added feature. We are working to keep the price of the base model affordable (under $200k).
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January 24, 2020, 03:08:46 PM

We have a 20x8 foot 3D printer that will be able to print sections down to the millimeter. So we can do some very detailed and unique designs. We are focused on getting the sexy look and feel to it so it should be quite impressive. We (by we, I mean the guy funding it) are ok with taking the monetary risk to throw our success in Panama in Thailand's face.

The underwater room is an added feature. We are working to keep the price of the base model affordable (under $200k).

very nice and beautiful. so just 0.4 BTC in 2022.  Cool
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January 24, 2020, 03:12:37 PM
Last edit: January 24, 2020, 03:30:01 PM by JimboToronto
Merited by JayJuanGee (1)

Good morning Bitcoinland.

Back up after a wee dip... currently $8460USD/$11115CAD (Bitcoinaverage).

Borrrrring.

Why it would go up please? I don't understand...

https://www.youtube.com/watch?v=qHUPPYzzZrI

It is still nowhere near the vertical phase of the s-curve of adoption.

Give it time.
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January 24, 2020, 03:15:41 PM

at the next mark.

GO BTC GO!



EDIT: maybe it will go back to $8399 but this is fine!

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January 24, 2020, 03:15:45 PM

jesus

https://twitter.com/ezracheungtoto/status/1220641000063848448/video/1
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January 24, 2020, 03:18:07 PM

Thanks. I clicked that at work  Angry



#

I'm the buxom blond with the Captain Birdseye beard.

Sheeeit uncleD, fuck no, they say that before hand.
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January 24, 2020, 03:18:30 PM
Merited by JayJuanGee (1)

Tether Launches Gold-Backed Stablecoin and Begins Trading on Bitfinex

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Tether is now supporting a gold-backed stablecoin, Tether Gold (XAU₮), according to a Jan. 23 press release. One token represents ownership of one troy fine ounce of physical gold, currently worth approximately $1,550.

The new product is available as an ERC-20 token on the Ethereum blockchain, as well as a TRC20 token on Tron (TRX).

The funds are said to be backed by physical gold held in a “Switzerland vault,” the press release reads. According to Tether, its gold offering is the only product among its competition that does not charge custody fees.

https://cointelegraph.com/news/tether-launches-gold-backed-stablecoin-and-begins-trading-on-bitfinex

This is for our little WO troll, it's a 100x100 safe business.
Gold-backed Tether, which may fail... Cheesy
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How much alt coin diversification is needed? 0%?


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January 24, 2020, 03:19:26 PM
Last edit: January 24, 2020, 04:21:40 PM by JayJuanGee
Merited by El duderino_ (2)

-snip-
... I would rather just go up from here, but seems like there exists some short term down momentum... how low it will go remains another to be determined matter.
Why it would go up please? I don't understand...

You sound a bit like a troll asking such a terse question, but for now, I will give you some benefit of the doubt, since I don't recognize your user name or having had posted in these here parts, previously.

In the short-term, we cannot always determine exactly BTC's price direction, and there is a bit of an inclination that BTC's price continues to move in the direction of the momentum that it already has until it no longer does.

Regarding BTC's medium to long term price, the pressure remains UP, and you can look at BTC price prediction models and information related to those price models which would include: 1) stock to flow, 2) four-year fractal, 3) metcalfe's law and networking effects pertaining to s-curve exponential adoption and 4) other similar models.  

If you do not understand the meaning of these models and you believe that they are purely theoretical, then likely you need to do more studying of bitcoin.  Surely there is a decent amount of truth that past performance of any asset does not guarantee future performance, and none of the price prediction models that I listed really rely on BTC's past performance, but past performance remains helpful to them in analyzing the models and where we are at in terms of those various price prediction models (looking at either time or price).

Do you have any other models or theories?  Do you believe that BTC prices are going down or going to stay flat in the coming 1-3 years?  How about 5 years?  What do you expect?

 I am frequently asserting that nothing is guaranteed, including bitcoin, but even if the price direction of bitcoin is far from guaranteed, there remains a decent amount of strong evidence that any person that takes bitcoin seriously and puts a bit of their assets into bitcoin, such as 1-10% of their investible assets are likely in a good starting place, even though individuals are going to vary in terms of some of their financial abilities or even assets that they might have available and able to invest in bitcoin.  

In any event, bitcoin seems to be a very asymmetric bet, towards the upside... so good luck to anyone who has NOT yet come around to understanding the asymmetric bet concept... you (lacking in understanding peeps) are going to need it (meaning luck).


Why it would go up please? I don't understand...

Cos it's BTC.
(btw, JJG didn't say that)

You seem to be suffering from the shitcoin syndrome.
Wish you a quick recovery.

True dat!!!   martyMC seems to have been engaging in a bit of a twisting of words, and maybe I should have restrained my lil selfie from taking the bait... I see that with some of his continued stupid-ass posts on the topic that do not really seem to add any value, just ask dumbass questions as if we were in 2011 when hardly anyone understood bitcoin, at all.    We are NO longer in those earlier days, so excuses for ignorance are NOT as acceptable... even though I do accept that there are genuinely a lot of people in the world who are quite susceptible to misinformation and disinformation regarding bitcoin because they do not know enough about the topic.
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January 24, 2020, 03:25:58 PM

Goldman Sachs is not allowing #nohomo

https://www.msn.com/en-us/money/news/goldman-to-refuse-ipos-if-all-directors-are-white-straight-men/ar-BBZgUOP?li=BBnbfcN

Before they will IPO a company, the company must prove that at least on of its board members is a female or gay.

They have not yet specified the criteria by which a board member must prove his homosexuality...but I suspect you will start to see board members like this applying for IPOs:




So essentially, Goldman Sachs is encouraging straight men to move to Bitcoin.
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January 24, 2020, 03:32:11 PM

Observing number attempting to go up. $8,469. Was gonna buy some dip if it dropped below $8k.
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January 24, 2020, 03:32:21 PM
Last edit: January 24, 2020, 03:44:16 PM by Gyrsur

this time better we prepare rocket/train/moon pics beforehand.   Shocked


EDIT: all what helps the price to go up should be allowed even at work.  Tongue

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