Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 13840. (Read 26720873 times)

MOnero still leads the way 

Bitcoin does seem to be considered a "tech stock" by the markets. There is a risk that it would suffer the same fate as other tech stocks. Best to have some phyz too just in case.

You should considering buying more Bitcoin before doom happens.

Go milk a cow or bull Tera...

             


Maybe you will get some of that bullish attitude.

Until then there will probably be 1 week of uncertainty or less.... and then its rocket party time!    

It's that time of year again!



 I'm definitely having pizza today and I hope to pay with Bitcoin. 

I don' know 'bout you, but I'm up several ekxs on the last 52 weeks.

Doom and gloom? Ain't nobody got time for that!

I think this may be amusing.

 Iam not sure if thats a valid business or not but the point I would make on this is publicity.   Thats all Im reading with enterprises like this, its all justifiable to them on the basis of publicity, propagation on an enterprise idea and engagement with the public.   If somehow association with crypto or block chain makes people feel more likely to take up interest in your idea then its going to become part of the meta for any startup.

I'm thinking of how much does Coke spend on advertising every day, we all know this product already and still they spend a ton putting it back into our brains to pick up this special sugar drink at a premium price.   So any business needs people to recognise and accept that product in order to be successful, it could be the main reason for success or failure.   Companies like this just piggy back onto the latest trend to gain a cheaper audience then anything like Television adverts would cost them.  
Im not against it exactly, any free app is justified if they can stick a free advert on the bottom.  Now they have your attention and you get the free use of their coded app, everyone is a winner.  Its a mutually beneficial relationship.  Advertising is the original E-currency for the internet is how I see that.  It might be tied to dollars in some conventional way, but adverts I consider like a kind of currency that paved the way for alot of small fast development online I think.


Debt by % GDP
https://www.nationaldebtclocks.org/#home

Japan is worse situation then Greece.   However they can print money, I think the majority of know that solution is more of a fused delay

phew! No GOX double dump.

I'm really enjoying adding to my  modest wallet with these killer BTC dips.

Can we talk about doom and gloom yet?

They know the goose bump formula even on stupid meaningless things. They probably have a class on it in film school. But mix that with something meaningful that I'm already passionate about, yea, same here, major goose bumps. Someone who writes for that show sounds like a super cool guy.

Thanks jojo lol..have to throw some of this low hanging fruit out or it just starts oozing out my ears.  
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Its really getting cray cray how mainstream is adopting crypto. Did you see Billions with the 1 mio usb stick? I do enjoy that show.
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Been thinking about 280 trillion dollars of global wealth. This is by far a more significant number than what I used doing those back of the napkin calc's before. I used 80t...so times 3x what I was doodling with before. Someone mentioned it at the time..thanks.

http://publications.credit-suisse.com/tasks/render/file/index.cfm?fileid=12DFFD63-07D1-EC63-A3D5F67356880EF3

.05% of 280t=140b or almost exactly bitcoins MC.

Percent of global adoption..what did we say?  About .05%? With a upwards limit of perhaps 5% aware of bitcoin and actively trying to accumulate..somewhere in there. Hmm..one order of magnitude larger. So..140b becomes 1.4t becomes 14t and so on. I think the cryptocurrency MC as a whole could reach 5 to 15 trillion within the next several years..say 2025. I feel this is a extremely conservative estimation. These first couple of jumps are going to be something else to see. It all seems to align, its almost as if..  Well, its very interesting to me to say the least.

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To many numbers to deal with tonight..have a chart instead.  
Retesting some of these short period fibonacci lines. Hodling at the .5 retrace for now. Going deeper towards that 0.786 fib might cause me to reconsider things.
A following sea and a bit of swell might cause a bit of unpleasantness until we clear the channel. Probably just some chop as mentioned.


To end on a positive..check out this TEDtalk if you have time. Its about happiness. I was surprised at some of the figures and it changed my perspective somewhat.
Just shows to go ya how mainstream media and these "social" sites are all doom and gloom. ftf(them)
https://www.youtube.com/watch?v=yCm9Ng0bbEQ

"Shitcoin Minimalist" lol

Yeah.. seems like a similarly obvious joke as his April fools joke, even while we are not in April no more. Go figure?

The study of TA is simply the study of a sub-specialty of mass psychology.

hmmm, little chop kicking up

think I'll hang a smaller jib

I don't think you really appreciate the power of TA. The simplest daily 50/200 MA Golden Cross would have told you to start buying bitcoin at $415 and hold. When the 3 day RSI hit an unprecedented 92.99 price was over $16,000 and was a clear signal to start selling. If you missed the top there was a dead cat bounce to $17,000 before the 50/200 Death Cross final exit signal occurred at $9300. Until daily 50 MA crosses above the 200 again we are in a bear market. Every bear market is different; this one might only last 6 months but a year is quite possible until sellers are done.

Thanks Tzupy, for a Gox update.

So the BTC ETF victims of Wall Street got (somewhat) GOXed?

B.E.A.U.T.I.F.U.L!

Have you guys seen the latest season of Silicon Valley?

This episode gave me goosebumps: https://www.youtube.com/watch?v=28IpiLraUoc

One of the advisers of the show was on consensus talking about blockchain or crypto.