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

[birr]

I believe we may have to correct "harder" in this bear market than ever before. This is due to the flattening curve in the logarithmic regression line that we seem to be following.

That would be the scenario like I posted the other day below, which would probably be something like a flash dump to $1850ish then rebound to $2500.  However, it gets pretty comical when most of these big miners have similar costs of production, so a scenario occurring that goes below all of their costs of production and wipes out all these datacenter miners would plunge the price further.  Nobody is going to buy $1850-$2500 bitcoins if all the big miners bankrupted and you can just mine one for like $1000 or less.  Chart comparing previous and current pump and dump:

Did you ever take this scenario into account?

If I may play the devil's advocate, the first step took a little more than a year from beginning of bull, through blow-off top, to capitualtion.
More than two and half years have passed now since beginning of bull on the second step, and we're waiting for the final capitulation.
If there's anything to all the graphs that show square-root, logarithmic historical trends and so forth, that would be in keeping with the greater height of the second step.

[realr0ach]

If I may play the devil's advocate

Did you want some more doom charts that show contrary to people's claims, bitcoin may have already ramped up about as high as it will go, and if it does ramp up again, it would be nowhere near the idiotic numbers people claim?

[VB1001]

Nice:
GP Bullhound, Saxo Bank Predictions Show Institutional Investors Could Be Crypto Industry’s Saving Grace For 2019 Bounce Back.

https://bitcoinexchangeguide.com/gp-bullhound-saxo-bank-predictions-show-institutional-investors-could-be-crypto-industrys-saving-grace-for-2019-bounce-back/

[RivAngE]

Nice:
GP Bullhound, Saxo Bank Predictions Show Institutional Investors Could Be Crypto Industry’s Saving Grace For 2019 Bounce Back.

https://bitcoinexchangeguide.com/gp-bullhound-saxo-bank-predictions-show-institutional-investors-could-be-crypto-industrys-saving-grace-for-2019-bounce-back/

By "2019 should be the year institutional capital flows into cryptocurrency” I wonder if they mean they'll buy real coins from the market (aka exchanges) or if they'll buy/short futures!
What could it be.... what could it be...

[LFC_Bitcoin]

Nice:
GP Bullhound, Saxo Bank Predictions Show Institutional Investors Could Be Crypto Industry’s Saving Grace For 2019 Bounce Back.

https://bitcoinexchangeguide.com/gp-bullhound-saxo-bank-predictions-show-institutional-investors-could-be-crypto-industrys-saving-grace-for-2019-bounce-back/

By "2019 should be the year institutional capital flows into cryptocurrency” I wonder if they mean they'll buy real coins from the market (aka exchanges) or if they'll buy/short futures!
What could it be.... what could it be...

There’s no point shorting a market which will soon have been shorted to fuck for nearly 12 months.
There’s a lot more room for upwards price movement than downwards.



This is my 11,000th post & where better than my favourite thread.

Accumulate whilst the price is this low gentlemen. HODL ON !!!!!

[El duderino_]

Nice:
GP Bullhound, Saxo Bank Predictions Show Institutional Investors Could Be Crypto Industry’s Saving Grace For 2019 Bounce Back.

https://bitcoinexchangeguide.com/gp-bullhound-saxo-bank-predictions-show-institutional-investors-could-be-crypto-industrys-saving-grace-for-2019-bounce-back/

By "2019 should be the year institutional capital flows into cryptocurrency” I wonder if they mean they'll buy real coins from the market (aka exchanges) or if they'll buy/short futures!
What could it be.... what could it be...

There’s no point shorting a market which will soon have been shorted to fuck for nearly 12 months.
There’s a lot more room for upwards price movement than downwards.



This is my 11,000th post & where better than my favourite thread.

Accumulate whilst the price is this low gentlemen. HODL ON !!!!!

Congrats.... seems yesterday when you posted the 10.000th post celebration
Probably the spicy down movement Made you post a few more Posts as well
But we can insure that when the upward movement is gonna start.... the Posts Will be flowing as crazy to, meanwhile stuck@ Toulouse AirPort boring AF
Should of stay a few days longer

Come on HOPIUM and pump the corn UP

[Last of the V8s]

Ok, from the poll it seems that most people thinks we have not yet reached the bottom. So... maybe we have?

I would say all the weak hands are already gone. I would be more worried about weak whales now.

Talking about whales... it has been some time since Bitcoin doesn't have any new whale, has it?

I mean, people like Tim Draper during the past bear market, etc....

Any new one this year?

Don't really know what you mean, but CZ has reportedly made a few bob recently. #safu

[realr0ach]

Gonna need to downgrade the v8 to a Honda soon.

[El duderino_]

Gonna need to downgrade the v8 to a Honda soon.

via Imgflip Meme Generator

??

[realr0ach]

Micgoossens, stop being a faggot and go overthrow your Jewish controlled Belgian govt that just signed the UN migration pact in an attempt to destroy your country and simultaneously exterminate white people (also known as The Kalergi Plan).

[Last of the V8s]

Nice:
GP Bullhound, Saxo Bank Predictions Show Institutional Investors Could Be Crypto Industry’s Saving Grace For 2019 Bounce Back.

https://bitcoinexchangeguide.com/gp-bullhound-saxo-bank-predictions-show-institutional-investors-could-be-crypto-industrys-saving-grace-for-2019-bounce-back/

By "2019 should be the year institutional capital flows into cryptocurrency” I wonder if they mean they'll buy real coins from the market (aka exchanges) or if they'll buy/short futures!
What could it be.... what could it be...

There’s no point shorting a market which will soon have been shorted to fuck for nearly 12 months.
There’s a lot more room for upwards price movement than downwards.



This is my 11,000th post & where better than my favourite thread.

Accumulate whilst the price is this low gentlemen. HODL ON !!!!!

Congrats.... seems yesterday when you posted the 10.000th post celebration
Probably the spicy down movement Made you post a few more Posts as well
But we can insure that when the upward movement is gonna start.... the Posts Will be flowing as crazy to[oooooooo], meanwhile stuck@ Toulouse AirPort boring AF
Should of stay a few days longer

Come on HOPIUM and pump the corn UP

congrats LFC, and on your 3-1 win and prediction

congrats too to micgoosens, who has coined a new phrase by analogy. it's a very good phrase, mic
yes 17/12/19 champagne will be flowing AC and mood will be pumped AF

[El duderino_]

congrats LFC, and on your 3-1 win and prediction

congrats too to micgoosens, who has coined a new phrase by analogy. it's a very good phrase, mic
yes 17/12/19 champagne will be flowing AC and mood will be pumped AF

Mmmm if you say so .... i take it all as a compliment when its coming from V8
And there : to(o)
Thx

[Last of the V8s]

How did you get on with the English accents?

[El duderino_]

How did you get on with the English accents?

they sometimes had to repeat there selfs

strange accent but with talking i don't have too much of a problem

[El duderino_]

Micgoossens, stop being a faggot and go overthrow your Jewish controlled Belgian govt that just signed the UN migration pact in an attempt to destroy your country and simultaneously exterminate white people (also known as The Kalergi Plan).

https://i.imgur.com/8IXuOmb.jpg

schwarzenegger represents most of the WO's

the other guy represents r0ach and species around here

[realr0ach]

Last time I was in the UK I went to a "pub" and a large Irish caveman wanted to fight me because he thought I was a supporter of a rival soccer team.  I was like huh?  People watch soccer?

[El duderino_]

Last time I was in the UK I went to a "pub" and a large Irish caveman wanted to fight me because he thought I was a supporter of a rival soccer team.  I was like huh?  People watch soccer?

in which country is your basement located ?

and you prefer non sports i guess.....

[realr0ach]

Last time I was in the UK I went to a "pub" and a large Irish caveman wanted to fight me because he thought I was a supporter of a rival soccer team.  I was like huh?  People watch soccer?

in which country is your basement located ?

and you prefer non sports i guess.....

Modern sports are a counterfeit version of nationalism.  It's supposed to be some type of representation of ethnocentric, tribal combat to see who is superior, but instead it's more like "my team of people who are supposed to represent this region but aren't even from here can defeat your team of the same!".  

Most people are too stupid to be able to explain why modern sports are stupid, but they subconsciously know things like this, which is why it's easy to look down on people that watch sports since it's completely pointless.  That's probably one reason things have shifted more towards Beavis and Butthead sports like MMA, since it's at least less counterfeit.

[goldkingcoiner]

Roach see a doctor, you might have paranoid schizophrenia. You have so many wild theories, all over the place.

[kenzawak]

Found this one on reddit...if only.