Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 8483. (Read 26715874 times)

GM WO!
Observing 9,783 USD@ stamp (are there other venues?)
Observing the first bullish chart of the day!


Congrats ivomm! An Hero Already fo WO gang.

I think that you should have been asking this in the altcoin speculation area.
Yes, some altcoins were lately recovering nicely and the numbers show that. This may mean a lot or may mean nothing, since we are mostly focused here on Bitcoin and I didn't see proper TA for the major worthy altcoins.
I think that altcoin season (constant bigger gains than Bitcoin) may be sooner than 3 years though. It may depend (or not) on when Bitcoin surpasses 20k and how long the good side of the market cycle will last.
Since money is comeing back into Bitcoin, it's not unexpected that some altcoins get their share too. But I am not convinced we are close to altcoin season. One flower doesn't make it spring.

one little question here, while everyone is expecting the pump on btc and reaching around 15k-20k why dominance is decreasing lately  

doesnt it means that the promised AltSeason might be much closer than  we expect  

i think we are waiting for that season for around 3 years  

Quoted

Congratulation ivomm

Congrats. ivomm

Yep, around Feb 12th, if this channel holds up:



This is really nice. Well defined.

EDIT: I have been remembered by the forum that Newbies can't post image links (the hard way)  
Please someone quote for me, thanks!

Exchange altsbit.com ‘hacked’. Never heard of them tbh but epic quote (did I wake up in 2013/2014?):


https://twitter.com/altsbit/status/1225319347687653377

What everybody (of non-rational mind) forgets is that nobody wants to use a coin spearheaded by a known con artist. The adoption barrier is already hard enough to overcome for bitcoin; with its completely unfriendly leadership and Craig's baggage, BSV stands no chance of overcoming it.

We already have a bitcoin. It works just fine. Well enough to the point that nobody needs to use its (first) forked competitor.

There are plenty of reasons to completely ignore TRX. So I do.

Irrelevant false equivalence is irrelevant.

https://twitter.com/jimmy_wales/status/1225606831898333184


Ouch.

Official Hong Kong Coronavirus Stats from the Department of Health




https://chp-dashboard.geodata.gov.hk/nia/en.html

Found the same at my local hardware store. Needed to buy some dust masks for a job I'm starting in the next few weeks. Headed to the PPE section and it was swarmed by Chinese buying boxes at a time. The attendant informed me it has been happening for a few day (apparently they are buying up and sending back home where they're all sold out)

- Coronavirus death toll climbs to 639, 30,811 confirmed cases worldwide, 24,702 suspected cases, 4,664 in serious/critical condition
  and 1,337 recovered.

- Japan reports 41 additional cases, for a total of 61 aboard the quarantined cruise ship in Yokohama.

- Senior CCP official orders Wuhan to round up infected residents for mass quarantine camps.

- Taiwan halts visas for citizens of Macau and Hong Kong.

- Germany confirms 13th case.

-  UK reports 3rd case of coronavirus

- 2 suspected cases found in South Africa.

- Dubai reports 3rd death outside China.

- Hong Kong schools, kindergartens closed until at least March 2 as coronavirus fears grow, three universities take similar action.

- China to auction 10,000 T of frozen pork from state reserves.

- Millions of chickens at risk amid China lockdowns due to coronavirus.

- 30,000 geese have died because the shut down of the country made it impossible for the farmers to feed the birds.

- The Pentagon is preparing almost a dozen military installations around the country that could be used to house evacuees because of the coronavirus.

- Global supply chain disruptions are happening, it will take some time before it reach the consumer.

- Taiwan bans international cruise ships from docking at the island.

- China plans to lock down Liaoning and Jiangxi provinces placing 140m people under quarantine.

- Chinese doctor Li Wenliang, who was accused of spreading rumors after trying to warn colleagues about coronavirus, has died of the virus.

- Saudi Arabia bans citizens from traveling to China to prevent coronavirus.

- Chinese companies are extending the New Year Holiday(s) until the end of this month.

- China's Wuhan city govt says all residents must report their body temperature once a day.

Here's the picnic bear at it again.

TL;DR jbreher argues big blocks with byzantine precision and aggressively low intellectual honesty. Beware: he's good at it.


Craig's escapades are indeed irrelevant to the protocol. Which, in a world of infinite straight lines and dimensionless points, has just as much centralization as BTC. However, in a world where there's a positive lower bound to the cost of resources, keeping verification costs near that lower bound conflicts with the number of lanes in the highway, so to say. Small vs big blocks becomes a matter of politics, or better said religion.

 I can't stay up that late!  I'm going to bed

Personally I believe that anything close to $15.8k would be a bit too bullish before the halvening, and i would consider $12k to $13k to be more reasonable, but we also know that bitcoin does not tend to be reasonable once the momentum gets going, it can become a bit out of control, so yeah $15.8k could be possible, but then so could a surge up to $17.5k and then a retrace back down to $11k or $12k.

Interesting data point;

The PPE section at my local Home Depot looks like something out of Venezuela.  The only dust masks left were a few of the most expensive type...big sign "limited to 10 per customer"

Orange coin go up

It would be great before Halving to see the price of Bitcoin at $ 15.8k..



Twitter: https://twitter.com/CryptoNewsKing/status/1225591365419126784


Source: https://cryptonewsking.com/2020/02/06/why-this-top-analyst-says-bitcoin-may-hit-15800-before-2020-halving/