Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 9419. (Read 26710020 times)
September 16, 2019, 10:18:37 AM
I'm giving 4 merits away to whoever posts the half-millionth post (#500000) on the Wall Observer thread -- the last post on page 25,000.
September 16, 2019, 10:16:25 AM
Bitcoin Mining Power Hits New High as Half a Million New ASICs Go Online
https://www.coindesk.com/bitcoin-mining-power-hits-new-high-as-half-a-million-new-asics-go-online
Quote
The computing power dedicated to mining bitcoin has hit yet another new high, suggesting that more than 600,000 powerful new machines may have come online in the last three months.
https://www.coindesk.com/bitcoin-mining-power-hits-new-high-as-half-a-million-new-asics-go-online
Good sign that miners are very confident the price will rise substantially?
It seems.
September 16, 2019, 10:14:15 AM
The next 24 hours is hypercritical. 
Our fates are intertwined with whether we end up 5 dollars over or under 10300.
If 10305 is surpassed we could hit 10310 in a matter of days, jarring the the global fiat financial system in such ways as could pit all the governments of the world instantly against us as bitter enemies.
If 10295 is breached prepare for a plunge over the next week to 10290 as bears attempt to finish off Bitcoin once and for all.
Our best course of action is to slowly and steadily climb to 10305 over the next 4 months so as not to rock the global financial boat too much and attract too many get rich quick and ponzi schemer types.
Our fates are intertwined with whether we end up 5 dollars over or under 10300. If 10305 is surpassed we could hit 10310 in a matter of days, jarring the the global fiat financial system in such ways as could pit all the governments of the world instantly against us as bitter enemies.
If 10295 is breached prepare for a plunge over the next week to 10290 as bears attempt to finish off Bitcoin once and for all.
Our best course of action is to slowly and steadily climb to 10305 over the next 4 months so as not to rock the global financial boat too much and attract too many get rich quick and ponzi schemer types.
Sometimes these kinds of alleged "boring" periods can last for weeks, yet I am wondering if it can persist for very long after September 23? I suppose it could. We are in the middle of a BTC price war, but we seem to have some temporary agreement while the sides regroup. Who is going to come back stronger after this regrouping? 50/50?
September 16, 2019, 10:13:55 AM
Bitcoin Mining Power Hits New High as Half a Million New ASICs Go Online
https://www.coindesk.com/bitcoin-mining-power-hits-new-high-as-half-a-million-new-asics-go-online
Quote
The computing power dedicated to mining bitcoin has hit yet another new high, suggesting that more than 600,000 powerful new machines may have come online in the last three months.
https://www.coindesk.com/bitcoin-mining-power-hits-new-high-as-half-a-million-new-asics-go-online
Good sign that miners are very confident the price will rise substantially?
September 16, 2019, 10:12:14 AM
Good morning Bitcoinland.
Tiny dip but still going basically sideways... currently $10180USD/$13499CAD (Bitcoinaverage).
Yawn.
When page parity?
When double page parity?
2021?
Tiny dip but still going basically sideways... currently $10180USD/$13499CAD (Bitcoinaverage).
Yawn.
When page parity?
When double page parity?
2021?
September 16, 2019, 10:11:36 AM
CT has a little article about that...
https://cointelegraph.com/news/share-of-segwit-spending-bitcoin-transactions-now-over-50
Quote
September 16, 2019, 10:04:39 AM
Bitcoin Mining Power Hits New High as Half a Million New ASICs Go Online
https://www.coindesk.com/bitcoin-mining-power-hits-new-high-as-half-a-million-new-asics-go-online
Quote
The computing power dedicated to mining bitcoin has hit yet another new high, suggesting that more than 600,000 powerful new machines may have come online in the last three months.
https://www.coindesk.com/bitcoin-mining-power-hits-new-high-as-half-a-million-new-asics-go-online
September 16, 2019, 09:57:56 AM
Will I be the first post on the 25,000th page?
Edit - Evidently not
When page parity though BTC?
Maybe, never can tell. It would be nice if Bitcoin rose along with the WO thread.Edit - Evidently not
When page parity though BTC?
Meantime it just seems to be sitting there at 10k, blah.
Still time for people to fill their bags before we start ascending. It’s not too late to stack sats, those of you who sold too early or are waiting for a crash that’s not going to happen - I’m looking at you.
September 16, 2019, 09:56:47 AM
Page count slow rising.
Bitcoin, sideways boredom 10K coins.
When page parity?
Almost 25K pages WoW
Bitcoin, sideways boredom 10K coins.
When page parity?
Almost 25K pages WoW
Page parity will be achieved overnight... I think that even here people still greatly underestimate the violence of bitcoin bubbles. 25k will be the start of the next bubble, after that we'll head to POST parity!
September 16, 2019, 09:56:46 AM
September 16, 2019, 09:50:20 AM
Will I be the first post on the 25,000th page?
Edit - Evidently not
When page parity though BTC?
Maybe, never can tell. It would be nice if Bitcoin rose along with the WO thread.Edit - Evidently not
When page parity though BTC?
Meantime it just seems to be sitting there at 10k, blah.
September 16, 2019, 09:46:47 AM
Page count slow rising.
Bitcoin, sideways boredom 10K coins.
When page parity?
Almost 25K pages WoW
Bitcoin, sideways boredom 10K coins.
When page parity?
Almost 25K pages WoW
Will I be the first post on the 25,000th page?
Edit - Evidently not
When page parity though BTC?
September 16, 2019, 09:25:08 AM
Page count slow rising.
Bitcoin, sideways boredom 10K coins.
When page parity?
Almost 25K pages WoW
Bitcoin, sideways boredom 10K coins.
When page parity?
Almost 25K pages WoW
September 16, 2019, 09:02:55 AM
Nobody can stop us from downloading a software that let us interact with other peers.
If they dont want to participate, they cant stop the rest of us
BTC will keep on running, one way or another..
go BTC go!
even a 'fake' twitter post saying Trump wanted or was pursuing banning Bitcoin would have a huge effect on price..even with say
his ADT and it went no place. I'd guess BTC would go down by 15% on such shenanigans and if an outright ban, well at least in the short term
at best BTC would be back about $3,200 again. IMHO. It likely would bounce back some on this new reality...but it would mightly suck.
the guy has too much sway in the media and folk freak out about his irrational actions, that would be some of the results and thus my guesses on above.
brad
Of course a "ban" would affect price! This is an emotional market!
I was referring to our ability to keep on using a piece of software.
September 16, 2019, 09:00:23 AM
Yet another chart by Plan B:
heading to the green Zone: all is good!
https://twitter.com/100trillionUSD/status/1173575832318763013?s=20
heading to the green Zone: all is good!
Quote
#bitcoin, stock-to-flow model, and miner capitulation in one chart
https://twitter.com/100trillionUSD/status/1173575832318763013?s=20
I wonder to what extent this chart that has been so widely shared is already priced in? I mean if everyone truly thinks 100k is a year or less away then they'd be buying right now hand over fist and the price would already be up, at least I would (and that's what I'm doing as I'm able). Or do you all think the big front loading wouldn't start yet?
I'm sure alot of us are already over exposed after the last year and a half and have already taken advantage of the dips and have our positions already set. Now its just DCA with generated income as we are in a holding pattern. I doubt waiting for lower is a viable strategy that many here are playing for.
I think here the game changer is institutional money. DCA from individuals is not going to drive the price up so massively, now that market cap has grown so big.
Wall street needs bitcoin, because is a volatile AND decorrelated asset that is much needed in a low volatility, negative interest world.
See the other thread:
Extracting stable positive return from high-volatile asset.HF recipe made simple
So big you find ?
The BTC market cap (and crypto market cap in general) is still very small compared to the rest.
September 16, 2019, 08:56:46 AM
Yet another chart by Plan B:
heading to the green Zone: all is good!
https://twitter.com/100trillionUSD/status/1173575832318763013?s=20
heading to the green Zone: all is good!
Quote
#bitcoin, stock-to-flow model, and miner capitulation in one chart
https://twitter.com/100trillionUSD/status/1173575832318763013?s=20
I wonder to what extent this chart that has been so widely shared is already priced in? I mean if everyone truly thinks 100k is a year or less away then they'd be buying right now hand over fist and the price would already be up, at least I would (and that's what I'm doing as I'm able). Or do you all think the big front loading wouldn't start yet?
I'm sure alot of us are already over exposed after the last year and a half and have already taken advantage of the dips and have our positions already set. Now its just DCA with generated income as we are in a holding pattern. I doubt waiting for lower is a viable strategy that many here are playing for.
I think here the game changer is institutional money. DCA from individuals is not going to drive the price up so massively, now that market cap has grown so big.
Wall street needs bitcoin, because is a volatile AND decorrelated asset that is much needed in a low volatility, negative interest world.
See the other thread:
Extracting stable positive return from high-volatile asset.HF recipe made simple
September 16, 2019, 08:50:42 AM
Nobody can stop us from downloading a software that let us interact with other peers.
If they dont want to participate, they cant stop the rest of us
BTC will keep on running, one way or another..
go BTC go!
even a 'fake' twitter post saying Trump wanted or was pursuing banning Bitcoin would have a huge effect on price..even with say
his ADT and it went no place. I'd guess BTC would go down by 15% on such shenanigans and if an outright ban, well at least in the short term
at best BTC would be back about $3,200 again. IMHO. It likely would bounce back some on this new reality...but it would mightly suck.
the guy has too much sway in the media and folk freak out about his irrational actions, that would be some of the results and thus my guesses on above.
brad
September 16, 2019, 08:32:31 AM
Yet another chart by Plan B:
heading to the green Zone: all is good!
https://twitter.com/100trillionUSD/status/1173575832318763013?s=20
heading to the green Zone: all is good!
Quote
#bitcoin, stock-to-flow model, and miner capitulation in one chart
https://twitter.com/100trillionUSD/status/1173575832318763013?s=20
I wonder to what extent this chart that has been so widely shared is already priced in? I mean if everyone truly thinks 100k is a year or less away then they'd be buying right now hand over fist and the price would already be up, at least I would (and that's what I'm doing as I'm able). Or do you all think the big front loading wouldn't start yet?
I'm sure alot of us are already over exposed after the last year and a half and have already taken advantage of the dips and have our positions already set. Now its just DCA with generated income as we are in a holding pattern. I doubt waiting for lower is a viable strategy that many here are playing for.
September 16, 2019, 08:31:03 AM
Nobody can stop us from downloading a software that let us interact with other peers.
If they dont want to participate, they cant stop the rest of us
BTC will keep on running, one way or another..
go BTC go!
September 16, 2019, 08:26:25 AM
via Imgflip Meme Generatorhttps://beincrypto.com/trumps-plan-to-ban-the-petro-could-have-consequences-for-all-cryptocurrencies/
I hope he does ban that scamcoin, but it will have no effect one Bitcoin just as Libra does not.
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