Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 27659. (Read 26712678 times)

legendary
Activity: 2324
Merit: 1125
When do you guys think the first sell-off will be?
Will it crash from 600-400 then back up? 800-600? 1000-400? Previous ATH?

How do we agree on a previous ATH when the price was different on all the exchanges plus mtgox is gone? There was about a 1-day period at virwox where you could have sold 1btc for 300,000 SLL and sold those for $1320. So did virwox have the highest ATH at $1320? or do we go by bitstamp or mtgox or huobi ATH?

When comparing the "point of maximum financial risk" chart with a standard bubble chart, do we overlap the risk chart twice? Going through all the risk emotions quickly during the first sell off? So we should hit a brief euphoria phase near the top of the first sell off?

I believe we will continue going through these bubble fractals until the public phase reaches final saturation. In the previous bubbles, each time we reach the public phase it doesn't absorb everyone so there is room left over for more bubbles. Bitcoin won't stop making bubbles until we've blown them in everyone's faces.

I go with $1163 of Bitstamp.
sr. member
Activity: 362
Merit: 250
When do you guys think the first sell-off will be?
Will it crash from 600-400 then back up? 800-600? 1000-400? Previous ATH?

How do we agree on a previous ATH when the price was different on all the exchanges plus mtgox is gone? There was about a 1-day period at virwox where you could have sold 1btc for 300,000 SLL and sold those for $1320. So did virwox have the highest ATH at $1320? or do we go by bitstamp or mtgox or huobi ATH?

When comparing the "point of maximum financial risk" chart with a standard bubble chart, do we overlap the risk chart twice? Going through all the risk emotions quickly during the first sell off? So we should hit a brief euphoria phase near the top of the first sell off?

I believe we will continue going through these bubble fractals until the public phase reaches final saturation. In the previous bubbles, each time we reach the public phase it doesn't absorb everyone so there is room left over for more bubbles. Bitcoin won't stop making bubbles until we've blown them in everyone's faces.
legendary
Activity: 2156
Merit: 1070
If and when the walls fall at 530, we will be breaking out past 547.

Then we can actually start having a debate about whether we are in a bull market or not.

I do expect this to happen, btw.
legendary
Activity: 2338
Merit: 1035
Much crowds, very spread, truly not just pump manipulation in dead market, volume not stagnating at all.

hero member
Activity: 798
Merit: 1000
(1/2) I have some interesting charts for you guys: imgur.com/a/J2NZD

Both are the same. All are super powerful trendlines.

(2/2) Remember, crowd psych and manipulation will make you believe the trends are over. They aren't, until fully confirmed (closed candles)

Ultimately, I think these trendlines are of supreme importance, and it is difficult to know which are superior (the linear or log). However simply remembering it takes a long time and much capital to exit them, is your greatest fall back.

Correct me if I'm wrong but arent those charts old? They look 2-3 weeks old to me?

They are.

Thats one of the worst bear fails I've seen around here  Grin
member
Activity: 84
Merit: 10
Much crowds, very spread, truly not just pump manipulation in dead market, volume not stagnating at all.
legendary
Activity: 2324
Merit: 1125
(1/2) I have some interesting charts for you guys: imgur.com/a/J2NZD

Both are the same. All are super powerful trendlines.

(2/2) Remember, crowd psych and manipulation will make you believe the trends are over. They aren't, until fully confirmed (closed candles)

Ultimately, I think these trendlines are of supreme importance, and it is difficult to know which are superior (the linear or log). However simply remembering it takes a long time and much capital to exit them, is your greatest fall back.

Correct me if I'm wrong but arent those charts old? They look 2-3 weeks old to me?

They are.
legendary
Activity: 2338
Merit: 1035

Hahah nice car but the price must went up to 50k so I also can afford one  Cheesy

Some people say, never listen to your stomach when you make money decisions but I wish I should have listened. It said to me last week that I should buy 20 coins @420, now the train has left Cry  

EDIT: I wonder why people sell now when we are clearly on an uptrend?!

Just buy now and get like 17 coins
hero member
Activity: 798
Merit: 1000
(1/2) I have some interesting charts for you guys: imgur.com/a/J2NZD

Both are the same. All are super powerful trendlines.

(2/2) Remember, crowd psych and manipulation will make you believe the trends are over. They aren't, until fully confirmed (closed candles)

Ultimately, I think these trendlines are of supreme importance, and it is difficult to know which are superior (the linear or log). However simply remembering it takes a long time and much capital to exit them, is your greatest fall back.

Correct me if I'm wrong but arent those charts old? They look 2-3 weeks old to me?
sr. member
Activity: 462
Merit: 250
(1/2) I have some interesting charts for you guys: imgur.com/a/J2NZD

Both are the same. All are super powerful trendlines.

(2/2) Remember, crowd psych and manipulation will make you believe the trends are over. They aren't, until fully confirmed (closed candles)

Ultimately, I think these trendlines are of supreme importance, and it is difficult to know which are superior (the linear or log). However simply remembering it takes a long time and much capital to exit them, is your greatest fall back.
legendary
Activity: 2186
Merit: 1213


This will be mine Cheesy
soon...

Hahah nice car but the price must went up to 50k so I also can afford one  Cheesy

Some people say, never listen to your stomach when you make money decisions but I wish I should have listened. It said to me last week that I should buy 20 coins @420, now the train has left Cry  

EDIT: I wonder why people sell now when we are clearly on an uptrend?!
legendary
Activity: 2324
Merit: 1125
MRO

First time I ever heard about MRO was in one of your posts on this thread. Great discovery I made thanks to you.

Monero (what MRO stands for) will have a max supply of 18.446 million MRO. So a relation with Bitcoin of 0.878. With a current price of $1.73 we can normalize to $1.52 if MRO had a 21M supply like Bitcoin.

In other words, the current exchange rate implies  that 520/1.52 = 342 Bitcoin is only 342 times more valuable than MRO right now. This multiple seems way too low for me (>1:10,000 seems more correct) so at least relative to Bitcoin MRO is vastly overpriced in my opinion.
There is less than 1 million MRO and 12,8 million BTC out there. So you can add tenfold to your calculation.

There is 18.446M MRO and 21M BTC the fact that they have not been mined yet is irrelevant as we know they're there. The whole market cap calculation in crypto land has been inherently flawed across the board. Market cap is calculated by multiplying total supply with current price.
member
Activity: 84
Merit: 10
DAT VOLUME!

Im 100% sure this is not just the miners pumping it up for profit or incoming dump. Such volume, chart pumps not fishy at all, much experts, very true moon.
legendary
Activity: 861
Merit: 1010
MRO

First time I ever heard about MRO was in one of your posts on this thread. Great discovery I made thanks to you.

Monero (what MRO stands for) will have a max supply of 18.446 million MRO. So a relation with Bitcoin of 0.878. With a current price of $1.73 we can normalize to $1.52 if MRO had a 21M supply like Bitcoin.

In other words, the current exchange rate implies  that 520/1.52 = 342 Bitcoin is only 342 times more valuable than MRO right now. This multiple seems way too low for me (>1:10,000 seems more correct) so at least relative to Bitcoin MRO is vastly overpriced in my opinion.
There is less than 1 million MRO and 12,8 million BTC out there. So you can add tenfold to your calculation.
legendary
Activity: 2338
Merit: 1035


This will be mine Cheesy
soon...

or maybe I go for a white one
legendary
Activity: 2324
Merit: 1125
MRO

First time I ever heard about MRO was in one of your posts on this thread. Great discovery I made thanks to you.

Monero (what MRO stands for) will have a max supply of 18.446 million MRO. So a relation with Bitcoin of 0.878. With a current price of $1.73 we can normalize to $1.52 if MRO had a 21M supply like Bitcoin.

In other words, the current exchange rate implies  that 520/1.52 = 342 Bitcoin is only 342 times more valuable than MRO right now. This multiple seems way too low for me (>1:10,000 seems more correct) so at least relative to Bitcoin MRO is vastly overpriced in my opinion.
member
Activity: 91
Merit: 10
Of interest, from alt-markets blog:

Quote from: BrandonSmith
If the Chinese yuan is brought into the SDR basket next year, if the BRICS enter into a conjured economic war with the West, and if the dollar is toppled as the world reserve, there will be nothing left in terms of fiscal structure in the way of a global currency system. If the public does not remove the globalist edifice by force, the IMF and the BIS will then achieve their dream – the complete dissolution of economic sovereignty, and the acceptance by the masses of global financial governance. The elites don’t want to hide behind the curtain anymore. They want recognition. They want to be worshiped. And, it all begins with the secret buyout of America, the implosion of our debt markets, and the annihilation of our way of life.

Black swan rising?  Bullish.



How does he know, did he ask them?
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
First time I ever heard about MRO was in one of your posts on this thread. Great discovery I made thanks to you.

Welcome to the bandwagon.  I don't expect much until more exchange listings or some tech driver, but I think .0025 will probably hold, and when it comes the next top should be no less than 0.0129.  All opinions subject to new information.

Now I promise that (although I have a love on the side) I won't mention MRO in this thread again unless it becomes on-topic in context again.  I do want my friends to own some (and not my enemies), but I also have some vestigial sense of decency.

legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
Of interest, from alt-markets blog:

Quote from: BrandonSmith
If the Chinese yuan is brought into the SDR basket next year, if the BRICS enter into a conjured economic war with the West, and if the dollar is toppled as the world reserve, there will be nothing left in terms of fiscal structure in the way of a global currency system. If the public does not remove the globalist edifice by force, the IMF and the BIS will then achieve their dream – the complete dissolution of economic sovereignty, and the acceptance by the masses of global financial governance. The elites don’t want to hide behind the curtain anymore. They want recognition. They want to be worshiped. And, it all begins with the secret buyout of America, the implosion of our debt markets, and the annihilation of our way of life.

Black swan rising?  Bullish.

legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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