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

[JayJuanGee]

leading upto the Weekly close that is critical for the price of Bitcoin at the moment.

I am not feeling any increased level of critical...

i am feeling a BIG fucking so what?

I am feeling that BTC prices have increased more than  30% for the calendar year and it is almost inevitable that we need to have some correction, but so what if it does and so what if it doesn't...   .. which in other words does not really feel critical... which maybe gives me the sense that we are merely in the middle of a longer term consolidation range.. that is between $6,424 and $13,880. 

Seems that sooner or later we are going past the $13,880, and that seems to be more likely than going below the $6,424.. a kind of definitional perspective of a bull market.. but yeah, so what?  Maybe we go below $6,424 before we go above, $13,880..?  So what?  Most folks likely understand that we are going up.. it is just a matter of shaking around in this range a bit more, and probably not even likely that we go below $6,424... The bottom might be in? 

Which one first?  Probably the vast majority are thinking $13,880 is coming first...... might be a good poll question, even though it could take a year or so to find out.... end of the year?  more than $13,880?  Perhaps?  Perhaps?  Odds seem decent that sometime during 2020 we will go to $13,880, even if $13,880 might not be sustainable.  Am I too bearish?  Or just cautious?

[JayJuanGee]

Hi guys, this year the presentation of the monthly statistics has changed a bit, in the first chart I have added 2 more columns to indicate the lowest and highest price of the current month.
In the second there are no changes, it continues to show number of visits and the price of bitcoin on the last day of the month of Bitstamp.
Finally, I added a new chart with the closing price of the day and the daily volume.

 No hats?  Not even the Greta hat counts?
Im slacking!

You have been robbed, xhomer.    Little to no credit for your actual labors and thoughts that you had actually produced a viable product that fits well within acceptable WO standards.

The world is filled with injustices, and many of us go through large swaths of life hoping and maybe even believing that injustices are not going to happen to us, until they do.. and there may even be folks who are sympathetic to your plight (I happen to be one of the sympathetic ones, even though it may seem that I am not)... but it is a cat eat dog world with the persistence of slights, sneering looks, denigrating remarks, omitting of favorable facts.    #staystrong  #nohomo

[soxxx]

Was this posted before?

https://unchained-capital.com/blog/bitcoin-obsoletes-all-other-money/

If it was, my apologies.

I was amazed by the fact that in 2020 0.2btc is an average holding, but in 20230 it is projected to drop to 0.02btc (from a graph I surmise that it would be about 0.05 btc in 2025). From 2030 on it would decline very slowly (to 0.01btc in 2060ies). This tells me that rapid appreciation in btc would probably stop around the 'bend' in the curve at around the halving of 2024.

Ive said this before to people that are new, perhaps you may never own one bitcoin, but .1 BTC WILL BE A BIG DEAL..............ONLY 210 million people out of 8 Billion can own .1 BTC, and considering that 12 million Bitcoin haven't moved in over a year, perhaps only 6 million currently can only own .1 Bitcoin.

6 million out of 8 Billion, thats less than .01% of people can own .1 Bitcoin

[soxxx]

It looks like we are forming a falling wedge on the 1 hour. A bullish break will send us to $9560 within the next two days.

[bitebits]

Twitter now has the Bitcoin logo. Yay:

https://twitter.com/cakewalletxmr/status/1223817788252397570

[JayJuanGee]

Or maybe it was before your time.

Ouch!!!

That's funny. Yer both relative n00bs, going by your reg date here in BTCT.

That's a zinger, jbreher, even if, based on your registration date, it seems that you should know a whole hell of a lot more about the importance of bitcoin's serving as difficult to change, and one of the guilty aspects of Coinbase involved their trying to bully various aspects of bitcoin, and seemingly forgetting (at least for a while) who brought her to the dance.

For some reason, you have suffered similar distraction for a very long time, but you did NOT leave like some of the other butt hurt ones.  You have been pretty persistent with your ongoing BIG blocker bullshit/nonsense/blindness that seemed to have gotten a lot more combative towards the end of 2015, if I recall correctly... although I remember that even in late 2015, various BIG BLOCKER butt hurt arguments that you were part of espousing and arguing were being made with a lot historical whining about the BIG blockers having had been warning bitcoin developers for years and years and years about the impending doom of bitcoin if it does NOT increase the block size - some of then gavin andressen talking points... blah blah blah... that slimy fuck, even though he seems like such a nice guy.... that deceptive fuck.

Anyhow, some of your seeming ongoing bitterness seems as if you got butt hurt or roached at some point along the way in your bitcoin involvement, even though it does seem that you had NOT been so dumb as to sell all of your BTC based on your dumbass BIG blocker misconceptions...   You probably did go a bit too much "in" with a bunch of that crap.. mostly referring to bcash abc and bcash sv.... but whatever those are your choices, even if you ongoingly troll/shill us with your ongoing nonsensical and idiotic thoughts (even while you do not seem to be dumb) that are likely somewhat skewed by your ongoing staking your personal finances and psychology in scam projects (that are largely butt-hurt aims at engaging in ongoing attacks on bitcoin through FUD, misleading representations and physically too, to the extent that any of those fucktwats are capable of such).. referring to those bcash trash projects and/or their bagholders...   

[JayJuanGee]

Was this posted before?

https://unchained-capital.com/blog/bitcoin-obsoletes-all-other-money/

If it was, my apologies.

I was amazed by the fact that in 2020 0.2btc is an average holding, but in 20230 it is projected to drop to 0.02btc (from a graph I surmise that it would be about 0.05 btc in 2025). From 2030 on it would decline very slowly (to 0.01btc in 2060ies). This tells me that rapid appreciation in btc would probably stop around the 'bend' in the curve at around the halving of 2024.

That's a nice article, Biodom... with a lot of nice discussion and interesting graphs, too.

 I don't recall seeing it, prior to your post, so it may not have been posted here.

Regarding your discussion of the decreasing average BTC holdings per person, I spotted this graph, which was probably your referent.



I also spotted the geographical distribution of bitcoin nodes to be largely in major cities in Europe, in the USA, and Asia, which was another interesting graph in that article, too.

[jojo69]

[VB1001]

Hi guys, this year the presentation of the monthly statistics has changed a bit, in the first chart I have added 2 more columns to indicate the lowest and highest price of the current month.
In the second there are no changes, it continues to show number of visits and the price of bitcoin on the last day of the month of Bitstamp.
Finally, I added a new chart with the closing price of the day and the daily volume.

Are there links to past months of above...or is this only posted monthly on Wall Observer? If past months I'm out of the loop and need a link!

Thank

Brad

https://bitcointalk.org/index.php?topic=178336.msg53493129#msg53493129

2019



2019 Q1,Q2,Q3,Q4

https://bitcointalk.org/index.php?topic=5166192.0

Looks very nice. How about YoY data?

As a curiosity, ATH almost coincides with the total pages of the thread of the same year, now the thread is ahead of BTC
The graph shows the total pages of each year and the maximum annual value of BTC

(The data is +/-90% accurate I have to contrast some values.)

Year infofront Year ATH

Go infofront Go

edit:

error in 2019

On the 1st of each month I publish the corresponding statistics, if one day you lack one in particular, go back to the WO pages at the beginning of the month you are looking for and there you will find the graph.

I have to find a solution for this, the statistics would have to be all in a thread, I'll see what I can do.

[jbreher]

Or maybe it was before your time.

Ouch!!!

That's funny. Yer both relative n00bs, going by your reg date here in BTCT.

That's a zinger, jbreher, even if, based on your registration date, it seems that you should know a whole hell of a lot more about the importance of bitcoin's serving as difficult to change, and one of the guilty aspects of Coinbase involved their trying to bully various aspects of bitcoin, and seemingly forgetting (at least for a while) who brought her to the dance.

What's doubly funny, JJG, is that you presume to know more than do I. You, the admitted technical ignoramus. Whatevs. Wallow in yer sandbox, junior.

Anyhow, some of your seeming ongoing bitterness ...

What is this bitterness of which you speak? You are but comedic relief to the background radiation one must accommodate in modern life.

[Paashaas]

- China’s death toll rises to 304 with more than 14,550 confirmed cases.

- First death outside China reported in Philippines.

- Ikea, Apple, Tesla and Toyota closing their operations.

- Vietnam, Japan, Australia and New Zealand limit travel to China.

- Cities began to implement more extreme restrictions on residents banning people from leaving their homes in effort to stop the virus, 1 person per family can leave every other day to buy basic needs.

- Dead bodies and animals on the streets.

- Mongolia and Nepal closed their land borders, while Papua New Guinea has banned anyone arriving from ports or airports across Asia.

- China reports outbreak of H5N1 bird flu virus. Keep in mind they have also problems with the African swine fever.

- China is facing increasing global isolation.

[mindrust]

Don't you think the timing is a bit too perfect for the latest events?

All these corporations starting to leave China... This looks like a perfect opportunity to kick China out of manufacturing power.

[kellrobinson]

probably really got going when patient zero from the wuhan virology lab diarrhea bombed the toilet at the crowded wuhan wet market

... shall we have the asian hygiene standards discussion again? "Bum guns" takes on a whole new meaning. Or troll out "racist" labels to shut down practical discussion. Florence Nightingale pioneered basic hygiene standards in the Crimean war 1800's ffs, asia still hasn't really caught up with the ethos of that. You'll be happy to know your ass is fresh and clean as you're drowning in your own lung-fluid 

Smile when you say that 

[BitcoinGirl.Club]

A very good early morning WO!
Observing @ $9,352

Another new day without any significant change in life and also in bitcoinland.

[VB1001]

https://twitter.com/bradmillscan/status/1223801528689086470

 

[BitcoinGirl.Club]

Poor bitcoinCash LOL
Shit happened 😜

[jbreher]

Poor bitcoinCash LOL
Shit happened

Wow. You're right. It's down 0.1% in the last hour.

Of course, it's up over 20% on the week.

Ho hum.

Or... did I miss something? Did something break?

[hv_]

https://twitter.com/bradmillscan/status/1223801528689086470

 

#SegShitCoin   

[moneyForjam]

eth/btc breached 0.02. Now heading to 1.5
Naturally this move happend on a Sunday

[BitcoinGirl.Club]

Or... did I miss something? Did something break?

You missed everything! I did not mean their current price movement 😜 and I have no idea what price they are trading now even I can not remember when was the last time I was interested to check their price.

I was talking about this shitcoin in general.