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

[RoomBot]

HAPPY 1st ANNIVERSARY, BTC ATH

We MISS YOU!!! 

[Paashaas]

Global debt reaches all-time high of $184 trillion 

[HairyMaclairy]

[Toxic2040]

Does anyone have a copy of this?  Link appears broken and cant find it in the wild.

https://www.jbs.cam.ac.uk/fileadmin/user_upload/research/centres/alternative-finance/downloads/2018-ccaf-2nd-global-cryptoasset-benchmarking.pdf


There is another interesting link in this thread https://asktom.cf/index.php?topic=5086100.0  from Delphi Digital.

https://bit.ly/2UQBL95

[STT]

In 1933 FDR declared owning gold (inside the country) as being illegal.

I'd be very curious to see how a move like that would be taken today. Western populations are far more entitled and far less dutiful than that generation.

I'd say similar will happen again, not exactly the same as Gold is just not used now by most people as an asset.   In India they would revolt as its been used for centuries without stop afaik, its feasible there as the government moves to formalise the national economy away from individual states towards a united tax policy.

What is most likely in the West is pension holders, who have received some tax benefits for that holding and are already restricted from access till a certain age.   They will be forced to purchase government debt as their holdings in that pension, its already true that government run pension schemes do this as a counterparty to QE so hiding some of the effects that might occur otherwise.  
However its possible all citizens in a nation could overnight see this action take place on their long term pension, its a fairly giant move but within the feasible reach of government and justifiable in a crisis even perhaps

[cool4y]

As far as I'm concerned, we might be witnessing a reversal in the market. The overall market capitalization retained the 100b level and there is decent likelihood that prices will commence to pick up slowly.

[Totscha]

As far as I'm concerned, we might be witnessing a reversal in the market. The overall market capitalization retained the 100b level and there is decent likelihood that prices will commence to pick up slowly.

The optimist in me sees a chance of us going sideways for a while (months) before we're ready for a real reversal.

The other guy? You don't want to know what he has to say...

[El duderino_]

via Imgflip Meme Generator

Feeling sorry for that cat

[serveria.com]

As far as I'm concerned, we might be witnessing a reversal in the market. The overall market capitalization retained the 100b level and there is decent likelihood that prices will commence to pick up slowly.

The optimist in me sees a chance of us going sideways for a while (months) before we're ready for a real reversal.

The other guy? You don't want to know what he has to say...

Optimist in me says ATH tomorrow, but let's be realistic say February 2019? 

[Cryptotourist]

Hello fellow basket cases.
I've been following this thread for a while now, but this is my first post here.

So basically I'm looking for a bottom. I like bottoms, especially curvy ones

[Phil_S]

All bottoms are behind now, in the rear-view mirror.

[Wekkel]

Keep your eyes on the facts: https://twitter.com/aarontaycc/status/1074726598702551040?s=19

"Have assessed dozens of compelling arguments, charts and ratios for BTC having already bottomed, a 3K bottom, 2.5K bottom, 1K bottom etc.

Fact is nobody knows. All I know is price is 84% lower than a year ago and fundamentals have never looked better."

Edit: some more food for thought: https://twitter.com/zaoyang/status/1074634081713971200?s=19

[HairyMaclairy]

Purple line is MA Weekly 200.  Thicker purple line is projection.



Emptying out my Bitmex account and sending to cold storage.  My work here is done.  

[Last of the V8s]

Does anyone have a copy of this?  Link appears broken and cant find it in the wild.

https://www.jbs.cam.ac.uk/fileadmin/user_upload/research/centres/alternative-finance/downloads/2018-ccaf-2nd-global-cryptoasset-benchmarking.pdf


There is another interesting link in this thread https://asktom.cf/index.php?topic=5086100.0  from Delphi Digital.

https://bit.ly/2UQBL95

https://webcache.googleusercontent.com/search?q=cache:https://www.jbs.cam.ac.uk/fileadmin/user_upload/research/centres/alternative-finance/downloads/2018-ccaf-2nd-global-cryptoasset-benchmarking.pdf

[Last of the V8s]

[Cryptotourist]

All bottoms are behind now, in the rear-view mirror.

Don't think so mate, I think we left one behind

That said, 85% correction from ATH is definitely a buy order.

Just wondering if I'm missing something, or if there is probable cause for the decline to move towards the 90% area - or not.

[Last of the V8s]

https://twitter.com/rothschild_jen/status/1073863980483932160

[Icygreen]

However, my own story is that I started buying at $1,200 in late 2013

You are not doing much to discredit my notion that you and Micgoossens are the dumbest money in the thread by stating that you bought at the absolute top of the last bubble, held all the way down to $200, watched the price then rise to $20k, sold zero, then watched it crater to $3k.  Yes, you are technically still in the black...by sheer luck or random coincidence.

Even dumber money sold at $500 and bought physical silver at the top in 2011. HAHAHA, r0ach has the best fails. LOL

[El duderino_]

1 F***ing small, tiny pump

and already getting messages of the n00bs, are you still in BTC, how to make an account etc

what am i gonna do

[El duderino_]