Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 14451. (Read 26609702 times)

legendary
Activity: 1652
Merit: 4393
Be a bank

You can argue all you like about the actual figures here as they were estimated. But they are roughly right imnvho.
sr. member
Activity: 392
Merit: 254
price looks quite fucked now

I think we can get used to this.

I suspect that all the rise above 10k was due to the mass media promoting the reach near and above 10k heavily at this time, so lots of new money was flowing in.

This was a 1-time scenario.

I am not saying that Bitcoin will never rise again, but don't promote something like 25k/50k by the end of the year. There is just no base for that. We can be glad if we say above 10k and in the 10k-12k corridor.

I think I discovered the secret to trading Bitcoin last night. Pessimism.
sr. member
Activity: 443
Merit: 260
price looks quite fucked now

I think we can get used to this.

I suspect that all the rise above 10k was due to the mass media promoting the reach near and above 10k heavily at this time, so lots of new money was flowing in.

This was a 1-time scenario.

I am not saying that Bitcoin will never rise again, but don't promote something like 25k/50k by the end of the year. There is just no base for that. We can be glad if we say above 10k and in the 10k-12k corridor.
sr. member
Activity: 1204
Merit: 293
"Be Your Own Bank"
legendary
Activity: 1652
Merit: 4393
Be a bank
Someone, ehhem, seriously doesn't seem to like the idea of $10K+ bitcoin.

Well there is that.

There's also ungodly sums flowing in to the Telegram ICO, which might have a little bearing on these whale selloffs. 2nd round now iirc.
full member
Activity: 266
Merit: 222
Deb Rah Von Doom
Can you imagine if btc reaches $1,000,000 and it still crashes to $200,000 and rebounds to $700,000 etc

TERA, what is your opinion on this market? IIRC, *(1)* you are bearish, and believe we are heading back down to $3000-ish levels, is that correct?

Your past analysis has been quite accurate, and you have as much experience in this market as anyone else, in addition to your experience in traditional markets. (I am not a new member of this forum - my account is locked)

*(2)* You also did claim a rise to 13k, which has not materialized, and although many bears are clamoring for a price drop right now, you seem to think you still have a few weeks time before things start getting bad. Could you give a general overview of your prediction of the price in the next month?


As for the price volatility at that level - of course it's possible. Just multiply the USD supply by 10 or 50. That's probably going to happen at some point. Maybe in the not-so-far future.
So far a rise to about 12K has materialized which is pretty close and there could still be another leg up. Afterwards, a slow grind like 2011, 2014. 3K would be a good final bottom for the bear market if things were to remain bullish for another ATH at the next halvening. I'm not at all sure about the long game though.


sr. member
Activity: 1204
Merit: 293
"Be Your Own Bank"
legendary
Activity: 1652
Merit: 4393
Be a bank

exclusive picture from deep inside the pantz mines of Wichita
here we see innocent gpus being hurriedly stapled together to premine the 39% of all pantz allocated to the Trouser Collection Foundation
hero member
Activity: 756
Merit: 1843
Re earlier discussion; lefties and their insanity: https://www.youtube.com/watch?v=fNjtpksJD4s

The idea of government transparency is a good one but Assange is just a Russian troll.  

You should fear the Left though.  We are very dangerous. We are here to educate your women, house your homeless and provide free health care to your children. We will also cut government waste, starting with the JSF.

And how are you going to pay for all of that? or are we all meant to do our part and works as one to "educate women, house homeless and provide free health care"?

The left has no concept of reality!.. Constantly living in a bubble of wishful thinking!

JSF is $US 1.1 trillion program. Cutting that would be a start.  

Of course there is nothing so terrifying to a fiscal conservative as cutting corporate welfare.

And i quote...

"It's worth putting that amount in context however; the $1.5 trillion figure is an estimate on the cost to develop the jet ($55B), buy 2457 of them through to 2044 ($320B), and operate them for 8000 flight hours / ~30 years each until the last one is retired in 2070 ($1.1 trillion)"

So that is only $50B a year... or less than $145 per person per year (350M POP)... and you just put a whole bunch of people out of work.... Typically Lefty! No concept of reality!

Where is the rest of the money coming from?


Trust me the $1.5 trillion will blow out.  It’s already blown out about 9 times so far.

We could cut the Zumwalt battle ships that the Navy can’t afford to arm?

https://motherboard.vice.com/en_us/article/ev5e5j/navy-smart-shells-zumwalt-warship

Great idea!.. In fact lets cut the entire US Defense Budget!... Let China roll on in and create a remote communist outpost... Typically Lefty! No concept of reality!
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
Re earlier discussion; lefties and their insanity: https://www.youtube.com/watch?v=fNjtpksJD4s

The idea of government transparency is a good one but Assange is just a Russian troll.  

You should fear the Left though.  We are very dangerous. We are here to educate your women, house your homeless and provide free health care to your children. We will also cut government waste, starting with the JSF.

And how are you going to pay for all of that? or are we all meant to do our part and works as one to "educate women, house homeless and provide free health care"?

The left has no concept of reality!.. Constantly living in a bubble of wishful thinking!

JSF is $US 1.1 trillion program. Cutting that would be a start.  

Of course there is nothing so terrifying to a fiscal conservative as cutting corporate welfare.

And i quote...

"It's worth putting that amount in context however; the $1.5 trillion figure is an estimate on the cost to develop the jet ($55B), buy 2457 of them through to 2044 ($320B), and operate them for 8000 flight hours / ~30 years each until the last one is retired in 2070 ($1.1 trillion)"

So that is only $50B a year... or less than $145 per person per year (350M POP)... and you just put a whole bunch of people out of work.... Typically Lefty! No concept of reality!

Where is the rest of the money coming from?


Trust me the $1.5 trillion will blow out.  It’s already blown out about 9 times so far.

We could cut the Zumwalt battle ships that the Navy can’t afford to arm?

https://motherboard.vice.com/en_us/article/ev5e5j/navy-smart-shells-zumwalt-warship
sr. member
Activity: 1204
Merit: 293
"Be Your Own Bank"
hero member
Activity: 784
Merit: 512
Someone, ehhem, seriously doesn't seem to like the idea of $10K+ bitcoin.
hero member
Activity: 756
Merit: 1843
Re earlier discussion; lefties and their insanity: https://www.youtube.com/watch?v=fNjtpksJD4s

The idea of government transparency is a good one but Assange is just a Russian troll.  

You should fear the Left though.  We are very dangerous. We are here to educate your women, house your homeless and provide free health care to your children. We will also cut government waste, starting with the JSF.

And how are you going to pay for all of that? or are we all meant to do our part and works as one to "educate women, house homeless and provide free health care"?

The left has no concept of reality!.. Constantly living in a bubble of wishful thinking!

JSF is $US 1.1 trillion program. Cutting that would be a start.  

Of course there is nothing so terrifying to a fiscal conservative as cutting corporate welfare.

And i quote...

"It's worth putting that amount in context however; the $1.5 trillion figure is an estimate on the cost to develop the jet ($55B), buy 2457 of them through to 2044 ($320B), and operate them for 8000 flight hours / ~30 years each until the last one is retired in 2070 ($1.1 trillion)"

So that is only $50B a year... or less than $145 per person per year (350M POP)... and you just put a whole bunch of people out of work.... Typically Lefty! No concept of reality!

Where is the rest of the money coming from?
hero member
Activity: 784
Merit: 512
price looks quite fucked now
sr. member
Activity: 1204
Merit: 293
"Be Your Own Bank"
legendary
Activity: 1279
Merit: 1018
Strange. Bitstamp tradeview(https://www.bitstamp.net/market/tradeview/) is showing a sell wall @9850 but http://bitcoinity.org/markets/bitstamp/USD is not showing the same wall even though the price is matching ??
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
Re earlier discussion; lefties and their insanity: https://www.youtube.com/watch?v=fNjtpksJD4s

The idea of government transparency is a good one but Assange is just a Russian troll.  

You should fear the Left though.  We are very dangerous. We are here to educate your women, house your homeless and provide free health care to your children. We will also cut government waste, starting with the JSF.

And how are you going to pay for all of that? or are we all meant to do our part and works as one to "educate women, house homeless and provide free health care"?

The left has no concept of reality!.. Constantly living in a bubble of wishful thinking!

JSF is $US 1.1 trillion program. Cutting that would be a start.  

Of course there is nothing so terrifying to a fiscal conservative as cutting corporate welfare.
hero member
Activity: 756
Merit: 1843
Re earlier discussion; lefties and their insanity: https://www.youtube.com/watch?v=fNjtpksJD4s

The idea of government transparency is a good one but Assange is just a Russian troll.  

You should fear the Left though.  We are very dangerous. We are here to educate your women, house your homeless and provide free health care to your children. We will also cut government waste, starting with the JSF.

And how are you going to pay for all of that? or are we all meant to do our part and works as one to "educate women, house homeless and provide free health care"?

The left has no concept of reality!.. Constantly living in a bubble of wishful thinking!
member
Activity: 112
Merit: 10
Dumped below 10K again... Angry
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
Re earlier discussion; lefties and their insanity: https://www.youtube.com/watch?v=fNjtpksJD4s

The idea of government transparency is a good one but Assange is just a Russian troll.  

You should fear the Left though.  We are very dangerous. We are here to educate your women, house your homeless and provide free health care to your children. We will also cut government waste, starting with the JSF.
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