Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 13894. (Read 26723936 times)

As a Bitcoin maximalist who couldn't give a crap about ICO's and men in suits from the Fed/Large Traditional Corps, does anyone have any recomendations for sessions at Consensus 2018, I can't seem to find anything worth watching yet?

Have you looked at the agenda? There aren't any ICO's there. Not saying the conference is good. I'd say there's a lack of good speakers (such as Andreas).

The "BullBear Analytics" newsletter explains why we likely didn't see a Consensus rally this year:


TLDR (edited): Consensus has become a cesspool of ICO shitcoin/"blockchain" scams.

Sorry, Tera - not a 'well-researched' article:

'Case in point, coder Peter Saddington, 35, bought a Lamborghini three years ago for $200,000 with 45 bitcoins'

And years ago, the price of a bitcoin was....?

As bitcoin maximalists our first task is to get entrepreneurs into bitcoin and bitcoin alone. And that can be a very difficult since 95%+ of the information on the bitcoin and crypto space are scams and millions are spent to lead the uninformed into these scams.

Nice

fecesbook.  full of shit, ya?

Or it could make sense if those 583 million disabled fake accounts were mostly NOT monthly active users.

They are full of bullshit anyways.

Facebook is like, really fkn bad with math. Or full of bullshit.

https://finance.yahoo.com/news/facebook-banned-583-million-fake-140000338.html
"It disabled 583 million fake accounts. It estimates that overall, 3-4% of its monthly active users are fake."

Facebook monthly active users as of Q1 2018: 2.19 Billion

Number of people in the whole world: 7.44 Billion

+1WOsMerit

I agree. A true master makes one mark and all is apparent.(sic..which I am not) This is a tough crowd though..sometimes drastic measures need to be implemented..   

All you really need is a daily chart with 50 and 200 MA right now. Price is ranging between those MA's: go long or short when one or the other is taken out. Good TA does not have to be complicated. Actually simpler is better from my experience. Also: if two different approaches like MA and PnF or Ichimoku agree the probability of the trade being a winner increases.

Many are probably waiting to see if we move above or below one of these trend lines...I dont blame you. Still looks like a good time to buy the dip imho.

I highly recommend this book to anyone even remotely interested in Bitcoin, "blockchain", or any other cryptocurrency. It's been making some big waves through the Bitcoin community. As the review above points out, it makes one of the strongest cases yet for Bitcoin maximalism.

I like this  :

Maybe because they expect that Bitcoin Cash's greater utility -- as compared to Bitcoin Segwit -- will result in continued increase in market share for BCH.

Or maybe just because it is market cap #4. Or market cap #2 as defined by free of problematic Securities issues - which excludes Ethereum and Ripple due to their initial distributions.

Either way, they expect to make money by offering it.

Why would they add beecash? wtf?

The addition of 3 new assets on Gemini and being licensed by the New York Department of Financial Services (NYDFS) shows Gemini is making a wider spectrum of crypto available to institutional investors, also they offer custody of the institutions investments which has been a big concern for many.

https://www.forbes.com/sites/michaeldelcastillo/2018/05/14/winklevoss-brothers-bitcoin-exchange-adds-zcash/#54449efc6b98

Today another news article was released in regards to coinbase offering 4 new services that will include a custody service for institutional investors.

https://www.cnbc.com/2018/05/15/coinbase-bets-big-on-institutional-investors.html

I don't think its a coincidence that both of these big name crypto exchanges are pin pointing their target market to attract institutional clients, it really does show that there is interest from big money investors. If ONLY retail money can push BTC to 20k, then what will institutional money do? Does that 45k-100k target seem so unlikely?

We will see what happens for the rest of 2018 but I think we could be in for some fireworks.

It's more likely that we go back to the 7000s
than pop over 9k

Ok..this chart is a hot mess for those of you with more refined senses..I get that. However..it is my muse and I feel like I have put some of my soul into it. Beauty is in the eye of the be-hodler.


If you take away the candles so you can better see the indicators. The golden cross/death cross battle is where most of the interest if focused. Also..there is a big squeeze that is rapidly approaching, I like to think of it in terms of fluid dynamics. Where these indicators compress...velocity increases(i.e. reducing the volume increases the pressure) resulting in larger and faster movements. Either upwards or downwards. So when these cross its the same theory..it either adds to increase the flow to the stream or restricts it so to speak.

All this inertia is barreling down into this choke point next month..something will give. I believe that means a violent move upwards above 10k.



I try to restrain my personal exuberance and give a unbiased opinion but it can be difficult to say the least. I will say it again, my personal opinion is you should buy as much bitcoin as you can as soon as you can. Time is running out.
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The good news imho is this will be decided very soon..days at the most.

And then bears disrupt and the sentences you have tried to write do not makes as much sense..lol. Buy the dips.

Who dares to predict the tether gods?

This is the multibart era for bitcoin.

PMs being manipulated again.
https://www.silverdoctors.com/gold/gold-news/gold-loses-1300-as-cartel-dumps-1-75-billion-worth-of-paper-gold-in-one-single-minute/

I did grab a little silver on that dump. Had to. Still on sale.