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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 8435. (Read 26714912 times)

legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
Oh my.  I do love the smell of napalm in the morning.

hero member
Activity: 1078
Merit: 537
Quote
BREAKING: Fed Chairman Jerome Powell just came out in favor of private transactions for digital currencies.

He specifically said "A ledger where you know everybody's payments is not something that would be particularly attractive in the context of the US."

One of the most effective man in the world about financial markets does not make statements about being fraud, scam or bubble anymore.

We will keep discusssing about the price of bitcoin. Some says it is cheap or some says expensive. That's another story   

But i want to emphasize that nowadays what we discuss here is a clearly accepted financial instrument or financial system.

Bitcoin believers have not given up their idealistic visions and succeed.
legendary
Activity: 1464
Merit: 1136
Ok boyz, its speculation time.  Cheesy

Clearly we are in the early stages of a prehalvening pump. The sample is small, but this wonderful event has never failed to have a pre-pump, nor afaik has the litecoin halvening.

The questions are always:
1. When Pump?

2. How high Pump?


The answer to question one is clearly, Pump Now.

Number 2 is the more interesting question.  Smiley

A similar pump to the last halvening pre-pump would take us to as I stated yesterday, 16100. I see this as a minimum for two major reasons.

1. The Global Stock Market (as measured by MSCI ETF https://www.barchart.com/stocks/world-market-map/world)

The worlds major stock markets are in aggregate hitting all time highs on a regular basis in a lengthy bull market. In the midst of this late stage bull market melt up the world is flooded with money printing as Trump jawbones the Fed to keep his election hopes alive and China is printing at the speed of light to avoid a epidemic induced recession.

A huge swath of the worlds bonds are at negative interest rates and interest rates are at historically rock bottom levels. We are in as risk on of an environment as they come with historically high stock valuations that keep climbing.

The shitty yields for bonds and t-bills make Bitcoin more attractive. The stock market may not be that correlated to Bitcoin in price but the panic to keep pumping it is forcing central banks to money print like crazy. The money printing is of course fantastic for Bitcoin for obvious reasons of supply, demand, and scarcity. Even if we get the inevitable crash they will just have to print more money, so for stocks its heads Bitcoin wins, and tails Bitcoin wins.

If these central bankers weren't arrogant they would be raising rates at the end of a long bull cycle and that would mean less money printing and be a Bitcoin head wind. Fortunately for us they have put themselves in a box that requires money printing in all scenarios. This is a dream scenario for Hodlers.

2. The Aids-Flu (tin foil boyz call it Coronavirus)

Perhaps the Aid-Flu will fizzle out and become a distant memory as the summer comes and nations get it under control. What will certainly not happen is it fading from memory in the next few months.

This virus is sowing massive distrust in governments and for good reasons. Distrust in govs means less faith in fiat and more love for King Bitcoin. Its also forcing central bankers to print more money and helps keep us in the dream scenario discussed above.  

Bitcoin is a safe haven and this Aids Swan is proving it. The halvening will only buttress our case for safe haven status as it will be hard to distinguish how much of our rise is due to a flight to safety and how much is due to the halvening. This will give the faithful (WO Elites an such) the opportunity to push whatever narratives we like with impunity and the masses will fall in line, because at the end of the day they love sick gainz above all else.

The MSM will actually imo prefer to give the Coronavirus credit for our incoming pump. Thats bc they don't like talking about the halvening too much since it makes the masses wonder why the fuck they are slaves to inflationary currency in the first place when the cool kids get their currency supply cut in half by computer algos. This MSM fear of deflation just plays into our hands bc newbs will find an infinite amount of disasters over the years to make them want more Bitcoin. They will misdirect, but we will win either way.


Most of the pump inducing scenarios mentioned above were not in play during the 2016 halvening. Central Bankers were looking for the first opportunity to raise rates. Stocks had been sideways for a year. Negative bond yields were not as widespread, and there was nothing comparable to the Coronavirus.

Prediction: 16100 is a minimum worst case scenario for this halvening pump and a more likely target is the old all time high of 20k. After this perhaps we go a bit higher but most likely it happens in a blow off top form and we get the predictable halvening crash from profit taking.

The profit taking would crash us to about 14k and then we build our way back up to all time highs again in several months, bc after all, its Bull $eason.

TLDR: New all time highs this summer.

This is absolutely investment advice. Sell your wife or your neighbors wife into sex slavery and buy Bitcoin for the ride to 100k and beyond.
Awesome post!  Agree with your thinkings. WO running the narrative for this one, niccce.   Grin

hero member
Activity: 994
Merit: 707
Ok boyz, its speculation time.  Cheesy

Clearly we are in the early stages of a prehalvening pump. The sample is small, but this wonderful event has never failed to have a pre-pump, nor afaik has the litecoin halvening.

The questions are always:
1. When Pump?

2. How high Pump?


The answer to question one is clearly, Pump Now.

Number 2 is the more interesting question.  Smiley

A similar pump to the last halvening pre-pump would take us to as I stated yesterday, 16100. I see this as a minimum for two major reasons.

1. The Global Stock Market (as measured by MSCI ETF https://www.barchart.com/stocks/world-market-map/world)

The worlds major stock markets are in aggregate hitting all time highs on a regular basis in a lengthy bull market. In the midst of this late stage bull market melt up the world is flooded with money printing as Trump jawbones the Fed to keep his election hopes alive and China is printing at the speed of light to avoid a epidemic induced recession.

A huge swath of the worlds bonds are at negative interest rates and interest rates are at historically rock bottom levels. We are in as risk on of an environment as they come with historically high stock valuations that keep climbing.

The shitty yields for bonds and t-bills make Bitcoin more attractive. The stock market may not be that correlated to Bitcoin in price but the panic to keep pumping it is forcing central banks to money print like crazy. The money printing is of course fantastic for Bitcoin for obvious reasons of supply, demand, and scarcity. Even if we get the inevitable crash they will just have to print more money, so for stocks its heads Bitcoin wins, and tails Bitcoin wins.

If these central bankers weren't arrogant they would be raising rates at the end of a long bull cycle and that would mean less money printing and be a Bitcoin head wind. Fortunately for us they have put themselves in a box that requires money printing in all scenarios. This is a dream scenario for Hodlers.

2. The Aids-Flu (tin foil boyz call it Coronavirus)

Perhaps the Aid-Flu will fizzle out and become a distant memory as the summer comes and nations get it under control. What will certainly not happen is it fading from memory in the next few months.

This virus is sowing massive distrust in governments and for good reasons. Distrust in govs means less faith in fiat and more love for King Bitcoin. Its also forcing central bankers to print more money and helps keep us in the dream scenario discussed above.  

Bitcoin is a safe haven and this Aids Swan is proving it. The halvening will only buttress our case for safe haven status as it will be hard to distinguish how much of our rise is due to a flight to safety and how much is due to the halvening. This will give the faithful (WO Elites an such) the opportunity to push whatever narratives we like with impunity and the masses will fall in line, because at the end of the day they love sick gainz above all else.

The MSM will actually imo prefer to give the Coronavirus credit for our incoming pump. Thats bc they don't like talking about the halvening too much since it makes the masses wonder why the fuck they are slaves to inflationary currency in the first place when the cool kids get their currency supply cut in half by computer algos. This MSM fear of deflation just plays into our hands bc newbs will find an infinite amount of disasters over the years to make them want more Bitcoin. They will misdirect, but we will win either way.


Most of the pump inducing scenarios mentioned above were not in play during the 2016 halvening. Central Bankers were looking for the first opportunity to raise rates. Stocks had been sideways for a year. Negative bond yields were not as widespread, and there was nothing comparable to the Coronavirus.

Prediction: 16100 is a minimum worst case scenario for this halvening pump and a more likely target is the old all time high of 20k. After this perhaps we go a bit higher but most likely it happens in a blow off top form and we get the predictable halvening crash from profit taking.

The profit taking would crash us to about 14k and then we build our way back up to all time highs again in several months, bc after all, its Bull $eason.

TLDR: New all time highs this summer.

This is absolutely investment advice. Sell your wife or your neighbors wife into sex slavery and buy Bitcoin for the ride to 100k and beyond.
legendary
Activity: 2268
Merit: 1278
Yeah, with earnings from work. Capitalism does that better than communism.

It's not like Soviet Union was the land of uneducated savages, you know... at least considering their military and space hardware...
And then it collapsed. Same old story every time. Do not defend a regime that killed tens of millions of its own people over some self-destructive ideology.
legendary
Activity: 938
Merit: 2540
<>
Hi, good morning, colleagues, I can't be online as long as I want, work forces me to be out these days, but I like what I see 10,345.
In my spare time I read the thread and it's nice. Kiss
#nohomo
full member
Activity: 193
Merit: 117
HODL
https://www.unz.com/chopkins/bernie-sanders-commie-kill-swarm/

Quote
Jesus, just imagine the freedomless horror if Americans could go to university, and, you know, maybe raise a child or two, without spending the rest of their lives in debt!

out fucking standing...lol

Umm... you realize that shit needs to be paid for _somehow_, right?
Having a larger more educated workforce should pay off in the long run.  If the costs are insanely high like current private college costs then maybe you're right though.
legendary
Activity: 2145
Merit: 1660
We choose to go to the moon
Yeah, with earnings from work. Capitalism does that better than communism.

It's not like Soviet Union was the land of uneducated savages, you know... at least considering their military and space hardware...
legendary
Activity: 1612
Merit: 1608
精神分析的爸
https://www.zerohedge.com/geopolitical/cia-secretly-owned-swiss-company-encrypted-over-120-countries-communications
... these spooks are like cockroaches, they're everywhere. Do we need a bioweapon that targets spooks before we can live free again?


The Washington Post has a very well done article on it. I find it hilarious, wonder what backdoors are in all the "cloud" providers....



This is so old news that you have to dust it off before reading.
Well known since at least the 90s, documented and proofed since the early 2000s.

I take this as a sign that Corona wears off in the news and doesn't create enough clicks for the MSM.

Oh, next we're going to learn that Switzerland has a semi-secret agreement with NATO: Neutral in peace time, member in war times. How useful.
legendary
Activity: 2268
Merit: 1278
https://www.unz.com/chopkins/bernie-sanders-commie-kill-swarm/

Quote
Jesus, just imagine the freedomless horror if Americans could go to university, and, you know, maybe raise a child or two, without spending the rest of their lives in debt!

out fucking standing...lol

Umm... you realize that shit needs to be paid for _somehow_, right?
Yeah, with earnings from work. Capitalism does that better than communism.
legendary
Activity: 3080
Merit: 1688
lose: unfind ... loose: untight
https://www.unz.com/chopkins/bernie-sanders-commie-kill-swarm/

Quote
Jesus, just imagine the freedomless horror if Americans could go to university, and, you know, maybe raise a child or two, without spending the rest of their lives in debt!

out fucking standing...lol

Umm... you realize that shit needs to be paid for _somehow_, right?
legendary
Activity: 3990
Merit: 4597
Maaan...many cough around here, all probably with regular cold (as winter got suddenly colder), but it's difficult not to be paranoid these days.
If 42days is correct, then you would almost never know the source.
legendary
Activity: 3620
Merit: 4813
- Death toll from coronavirus in China has reached 1,112 with 44,753 confirmed cases worldwide.

- Princess Cruises confirming 39 new cases on the ship near Tokyo, raising total to 174.

- Spain has confirmed the country's second case.

- Germany confirms 2 more cases bringing total to 14.

- Quarantine officer of Japan's health ministry diagnosed with coronavirus.

- 2 Japanese men evacuated from Wuhan last month test positive for coronavirus, after initially being cleared.

- US Postal Service suspends shipments destined for China and Hong Kong, citing travel disruptions.

- 2 male prisoners are being tested for suspected coronavirus at HMP Bullingdon in Oxfordshire.

- Hong Kong Coronavirus expert warns outbreak could infect between 60%-80% of humanity, causing 51 million deaths.

- China home sales plunged 90% in the first week of February.

- Incubation period of nCoV may be longer than you expect. A woman in North China's Shanxi Province was diagnosed with nCoV 42 days after returning from Wuhan.

- Some Chinese cities are now halting cough medicine sales to try and prevent infected people from hiding their symptoms.

- Brighton GP practice closes after staff member tests positive.

- Japan bars travellers from China's Zhejiang province.

sr. member
Activity: 807
Merit: 423
I do like my green as much as anyone else, but let's keep this sober. We don't want to blow our load into a parabolic condom.
Then I'll just have to go in bareback...
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
Just as we dont talk of shitcoins in here, we shouldnt mention fucking democrats. Nobody gives a shit about these alt people.

If your not an Independent then your a fool.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
Is the corona virus halting shipments abroad via air or am I being fobbed off?

 I have first hand knowledge that tech-factory production lines in China have completely shut down in certain places. I can't say more without breaking OpSec.

 I think I read Foxconn is shuttered until further notice.



Did they take down the nets between buildings yet?


https://www.theguardian.com/technology/2017/jun/18/foxconn-life-death-forbidden-city-longhua-suicide-apple-iphone-brian-merchant-one-device-extract

Quote
“It wouldn’t be Foxconn without people dying,” Xu says. “Every year people kill themselves. They take it as a normal thing.”
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
Why have you got "Pink Panties" as your personal text? Is that the colour of knickers you are wearing today?

This is the only explanation you're getting - http://www.youtube.com/watch?v=QnXPqUU6fI0&t=0m51s

Why did I just kill my neighbors?
legendary
Activity: 3990
Merit: 4597
Its peaking too early dam it.    I had 11500 I think and its perhaps even within a channel to gain this.    So that means if true we either follow that channel which is overly aggressive as said or we break the channel which can reset possibly down to 8k and will it reset reconstruct and regain 11500 before and on the day of halvening.   The odds are against me being even close I guess, I got the price on the previous grand list also just not the day required  Cry
  Drawn with crayons by toddlers addled with mt.dew

I share your concern for a premature parabolic rise. I doubt it would be good.

Well, 38% drawdown from here is 6400, 30% down is approx $7200.
If we are in a bull (and most likely, we are), then it's unlikely to drop below these numbers.
Plus, s-coins are going crazy. Can it all evaporate? Possible, but unlikely.
legendary
Activity: 2520
Merit: 3038
Its peaking too early dam it.    I had 11500 I think and its perhaps even within a channel to gain this.    So that means if true we either follow that channel which is overly aggressive as said or we break the channel which can reset possibly down to 8k and will it reset reconstruct and regain 11500 before and on the day of halvening.   The odds are against me being even close I guess, I got the price on the previous grand list also just not the day required  Cry
  Drawn with crayons by toddlers addled with mt.dew

I share your concern for a premature parabolic rise. I doubt it would be good.
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