Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 13712. (Read 26713795 times)

You gotta factor in adoption

it has never happened before

Now banks, countries and companies are making crypto

Enjoy the bear market

I agree, the Halvening will truly be an exciting event. I remember the last one, it seems like it takes a few months for the shock of a lower inflation rate to hit the market. If there are no crazy long block times or anything from now until 2020, then the halvening should happen in may 2020. End of 2020 is probably when we would see another ATH. I definitely do think $100k/coin is possible and not unreasonable. That would peg BTCs market cap at around $2 trillion which is only 1/4 of golds market cap.

“I respect Bitmain, but we will bypass them," said CEO of GMO Masatoshi Kumagai.

Recall that in September 2017 GMO Internet Group announced plans to invest $ 320 million in the mining industry and the creation of a new generation of chips. According to representatives of the Japanese Internet giant, bitcoin is intended to become a “universal currency”, providing “unlimited economic freedom”.

I love their confidence and outlook on bitcoin.

I agree, within 12 months after the next halving this thing is going fucking parabolic. It’s all about supply & demand, when there are half the amount of coins per block for the miners you’re going to see a rapid rise.
2020-2021 has always been my target to see us become uber rich.

Who cares any price below ATH is a cheap price. We already experienced it many times. Even if we go full bear for the next 2-3 years, as soon as we go above 20k$ (and i know we will) you'll make at least %100 profits if you buy from these prices. Those who bought from $20k however will have to wait for $50k and its not impossible. Will probably see $100k+ after the halvening.

I came to the same conclusion. I do think we are in for a long bear market, and we won't see a new ATH by end of 2018. We might by end of 2019/2020. Who knows, we could be wrong but I highly doubt it. Something that I have been pondering is that BTC has had significantly more exposure during 2017 than it has any prior year. Now that everyone knows about Bitcoin and many people bought it, how will this affect BTC in the long term? Surely this bear market won't be similar to prior ones because of how much more exposure Bitcoin has received.

It probably has something to do with this:

https://adclair.com/gmo-introduced-a-new-miner-that-will-take-the-market-from-bitmane/
https://twitter.com/ynakamura56/status/1003908868114509824


Or this:

https://bitcointalk.org/index.php?topic=3359468.20;topicseen (S11's)

The difficulty increased by 634 billion which is the largest increase in the history of bitcoin. The increase in this period alone is nearly equal to the entire network difficulty 1 year ago.

Uhm lal i didnt post to troll grrr

Agreed. I do have a problem when the moderators tolerate folks like @realr0ach insulting Legendary members.

I warned bitcoin was in a serious bubble last December and I sincerely hope many of you got out over $18,000. We already had the dead cat bounce (great short entry at $15,000) and we are now under a daily Death Cross which is the final confirmation of a bear market:



Any bounce up this month is a bull trap IMO and should be used to raise cash or short. I don't believe we will see the final capitulation until end of this year. Point of maximum pain has not been reached yet and best time to buy is when "there is blood in the streets". I do believe that long term bitcoin will do just fine but expecting a new ATH before the middle to end of 2019 is very low probability. Like unicorn sighting low probability. Sorry about that.

Take trading advice here and confirm with your own analysis. Learn Ichimoku Cloud, Fibonacci, 50/200 daily moving averages/RSI and learn to make your own trading decisions. You don't become a profitable trader in one month for most it takes at least a year with guidance from a mentor. Most new traders get wiped out and quit if they are on their own.

In the future I will be posting any important bitcoin analysis or trading set ups on my own website. I have not devoted much time to it lately (too busy trading) but that will change.

that is a lot of motherfucking hash

Interesting that somebody is ramping up the operation - hopefully that will transpire to something more bullish again in the near future

bitcoin just had a 14.7% difficulty change upwards. that's the biggest since january. there sure is a lot of firepower out there somewhere.

Gold is an industrial metal too. It is inside of almost every electronic device there is.

https://www.reddit.com/r/linux/comments/8oqb2u/linux_417_supporting_speck_a_controversial_crypto/

Soon BTC gonna get tired of this game... and will moon soon...!!!


https://i.imgur.com/58YNcKa.jpg

This is not going down to 5K, is it, bears.
Buy now or cry later

LOL, thx, I'm ascared of pdf's from anywhere.