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2401  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 03, 2021, 02:53:08 PM
i give 10 merits if one can name me a working blockchain product. other than bitcoin. other than any ETH based erc20 scams or defi scams. i mean in the real world. it has been 12 years since the bitcoin white paper and more than 5 (how many exactly?) years that the "blockchain-not-bitcoin" narrative gets spun.

it took facebook 4 years to reach 1 billion customers.

it took the "blockchain industry" 4 years to develop zero products and therefore zero customers.

and no, BAT token does not count. no blockchain necessary there.

blockchain my ass.

nice title for a book.



Oracle DBMS (Sun) *runs away*
2402  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 03, 2021, 11:26:12 AM
Kudos. My lines just got invalidated.
TA is useless.  Roll Eyes

Not yet.

We just need to go deeper.

My 4h lines:



Didn't see that the last 4h candle wasn't closed. In fact we're a tad up of my resistance line 35 minutes before candle closing time.
Back to normal, nothing to see here.
#hodllikeGME



Btw, IRL = This is the way.


IMO, depends. Depends if you want to change things or not.
If you want to change or achieve something, you want to discuss  Smiley
If you just want to be right over someone else's opinion, you're just feeding your lil selfie  Tongue
2403  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 03, 2021, 09:17:52 AM
According to my 4h lines, BTC should be bouncing up to around $38k soon.
So it is likely to tank a bit more *lol*

Funny! My 4h lines say... sideways for 6 months.

Sideways in 4h, like ranging between $35k-$37k?


Upper 33k to lower 37k, ya Smiley

Kudos. My lines just got invalidated.
TA is useless.  Roll Eyes
We're poor again, but we're still having fun  Cheesy
2404  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 03, 2021, 08:34:39 AM
According to my 4h lines, BTC should be bouncing up to around $38k soon.
So it is likely to tank a bit more *lol*

Funny! My 4h lines say... sideways for 6 months.

Sideways in 4h, like ranging between $35k-$37k?
2405  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 03, 2021, 08:21:40 AM
According to my 4h lines, BTC should be bouncing up to around $38k soon.
So it is likely to tank a bit more *lol*
2406  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 02, 2021, 09:12:14 PM
anyway you can fit a 1/4 mile drag strip on one of the straightaways? bonus points if its your driveway too.

 Actually, yes. The driveway will be *AT LEAST* serving as a straightaway 1/4 mile drag strip before hitting the bridge leading towards the main parcel of land.

 Difficulty factor: Roaming, grazing cattle. Will need to find some way of making sure the cattle are completely isolated from the driveway and racetrack.

EDIT: Jesus a lot of my $GME buy orders executed today, on the way down. YOLO !!!

You might look for a big recess (groove) in the landscape and put all the cattle there, while the racetrack is on the "upper" area, surrounding, or partly surrounding the recess.
This way it's separated vertically, and most of the noise will "travel" above the cattle. You could form the land like this, but it will take huge amounts of time, machine and wortless fiat, though. Not to speak of the problems you might encounter, like BIG rocks, wells etc.

2407  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 02, 2021, 07:32:14 PM
Now i'm even more bullish on GME  Cheesy Cheesy Cheesy

2408  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 02, 2021, 07:02:43 PM
Witnessing some ants pumping  Cool

EDIT: The 15m looking actually pretty bullish.

EDIT2: $35.500
Now we're talking  Grin
2409  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 02, 2021, 06:32:15 PM
Things are getting pretty serious about Ranchero Lawblaw. Have engaged an engineer for a proper survey / evaluation of the land we're looking to buy. Also, surveying to see if we're able to build a well on the property, which will be critical.

Woo.

Them: "Wait, so, you want to build a racetrack, through a 100-year floodplain ?"
Me: "Yeah, 1% chance per year. That means I have a 99% chance, decreasing, of using it every year until I die. I'll play those odds."
Them: * Look on face of "Is this polite black man serious ?" *
Me: "Yes. I'm absolutely serious. Around the perimeter of the property. Please make sure we are abiding by easement rules for the properties next to us. We'll need a cross-section for the race-track intersecting the driveway."
Them: "You have obviously given this a lot of thought."
Me: "Yes."

Also, go Corn !!!

YOLO  Cool

OT: Hedgefund Greylock Files for Bankruptcy After Losses Spur Withdrawals

Is it wrong for me to admit I am sexually excited by the notion of hedge funds being absolutely destroyed ?

NO
I'd absolutely be PROUD to be sexually excited (if i were, but feels like i'm very close to it, actually)

Also YOLO  Cool
2410  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 02, 2021, 06:27:52 PM
GME plummeted to ~$81.27 before rising back up again, now at $100. I saw some posts on WSB showing that this was observed during the Volkswagen short squeeze too. Could this be an indicator of anything, or just a dip?

yes  Wink

They shouldn’t wait for that squeeze ever to happen, but demand delivery of the share certificates. That’s what will blow up this whole thing.

wsb more or less says the gme thang may take only few days and physical paper certs would take too long to send and cash out. so hold in electronic form at a broker to cash out post hast if needed.

most seem to be in for the fiat moneyz, not the paradigm shift that btc is. some will understand though.

The most that were in for the fiat money went out for cash (at profit or loss) or switched to the hyped stocks WSB didn't originally even ask to buy (SLV, BB, NOK...).
All the noobs made all the noob mistakes, completely opposed to what WSB advised them to do. Seems like the majority in the game are currently

1. diamond hands (either for the gains or hedge fonds revenge)
2. bag holders that hope to break even
3. institutions riding this wave
4. a small minority not covered in 1-3

I stayed. Same as with BTC. I am at quite a loss now, which i managed to minimize by watching pre-hours trend (-30% already at NYSE open), closed all positions but one share, waited until -30% hit on the market, re-bought with 1/3 of the liquidated amount, observed, re-bought with another third of fiat at -40%, and actually, because i had to leave the house, at -43% again. I will hold the 1 share position forever (this is for you, hedgies) and did not yet decide about the other positions.
Well, i think as long as the price tanks further, i will keep holding. It's not much money, especially when i look at the BTC net worth of mine, but i still had to give up or delay some spendings of my future private life. This is "play money", i don't expect anything in terms of return.
Overshorted hedgefunds can suck my lil boner in the form of my diamond handed GME shares.
I am in for the paradigm shift, the shares are my trophy, and my statement to them. I said from the beginning: Paper hands, GTFO! Let the real dudes continue with the game. One of the best i played in years, honestly.
2411  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 02, 2021, 01:41:28 PM
Finally a pump not for ants.
Feb. 2nd
Who would have thunk?!

Grayscale?



Such pumps are often short-lived... Let's see if we can stay over 35k for 24 hours, at least...

Oh, i didn't expect it to stay over $35k.
Lately i get quite happy if a pump is correcting less than 50%
Plus there seems to be constant slight upward pressure, so all is fine.
Maybe we'll see another pump today.
2412  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 02, 2021, 09:23:21 AM
Finally a pump not for ants.
Feb. 2nd
Who would have thunk?!

Grayscale?

2413  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 02, 2021, 01:22:59 AM
Huh. Just got an email inviting me to join the "Gemini Earn" program. Can receive up to 7.4% APY on my BTC balance.

Currently earning 3.05% on my BTC balance. Guessing the rate goes up as the balance does.

Likely to move some BTC over to Gemini custody for a bit, and see how that works out with larger amounts than the sats I've been stacking, with my degenerate buying activities.

This is sorta kinda a big deal.

Sounds candy. Any risks to take, along the usual ones?

a long day. #hodlsleep
2414  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 02, 2021, 01:15:36 AM
https://www.cnbc.com/2021/02/01/how-bitcoin-could-be-the-new-gamestop.html

Quote from: CNBC
Data from crypto news and analysis company The Block shows that hedge funds are short bitcoin by more than $1 billion.

That term “shorting” means that traders and hedge funds are betting that the price of bitcoin will go down. Those short positions ramped up starting in October 2020, just as bitcoin’s latest rally began to take hold.

Meanwhile, individual investors are still buying into bitcoin, among other cryptocurrencies, as they bet that the price will go up.

Sound familiar?

Coincidence?
I don't like the highlighted part, as we (or some of us) have seen how the hedgefockers work..


2415  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 01, 2021, 08:36:41 PM
No matter what happens on the stock market or the bitcoin price I'm pretty much set.

I just installed the Brave browser yesterday and I've already made 8 cents just by browsing so...

ya, you can say I'm kind of a big deal

....

ahhh yes!  the old BAT shitcrazy shitcoin. I think I tried playing with that one awhile ago....
However, my Basic Attention span didn't last more than 3 minutes.
I must be catching Millennial Disease....

Compared to mine, 3 minutes are fucking good  Grin
It's all relative  Cheesy
2416  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 01, 2021, 02:26:19 PM
Looks like the MSM is pushing silver, not WSB. Coordinated effort to take attention away from GME.

Also, fuck Jimmy Kimmel, take him down with Robinhood. Russian collusion? Really?

https://twitter.com/shoe0nhead/status/1355977811081748480

WSB was announcing (physical) Silver stock $SLV as the next target AFTER the short squeeze.
On reddit they emphasize how important it is not to get distracted from $GME.

BTC seems to be chopped to the range $33.xxx
No market manipulation involved *duck*

#hodlersunaffected  Cool
2417  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 01, 2021, 09:19:44 AM

Also... dunno why... but I keep reading u'r name as "Out of Money".  Roll Eyes  Roll Eyes

Because it's true!
I want to get out of the current monetary fiat scheme  Grin
2418  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 01, 2021, 12:27:47 AM
dips look attractive
but when you're out of money
then they look ugly

#hodlsleephaiku
2419  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 31, 2021, 10:50:38 PM
https://twitter.com/alistairmilne/status/1355950834895433728

Quote
A large amount of #BTC
 just left Coinbase
... large amounts leaving nearly all exchanges really

Is it that large, really?

https://www.viewbase.com/coin/bitcoin




Source: https://twitter.com/danny_knight/status/1355962041312272384/photo/1

Just read the comments on Twitter: peeps are shilling Doge and similar shitcoins like there's no tomorrow.  Grin

Don't care about them shills, but is this actually a number? 48k BTC i read were sent to exchanges last month alone, according to twitter source. Didn't check the stats yet by myself.

That's an amount for ants. And why it's considered to be bearish? Moving BTC to cold wallets is bullish imho..  Cool

With about 1.5m BTC total on exchanges, this is a small amount.
What i see from the above graph is that price is inverse related to exchange reserve. Reserve shortage seems to front run price climbs, so t should be bullish imo.
I don't get why (some) BTC bulls interpret that as a bearish signal.

EDIT: Compare with viewbase graph from Jan. 2nd, where the price pumped on the 3rd. Also similar amounts of coins left exchanges back then.
2420  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 31, 2021, 10:42:13 PM
https://twitter.com/alistairmilne/status/1355950834895433728

Quote
A large amount of #BTC
 just left Coinbase
... large amounts leaving nearly all exchanges really

Is it that large, really?

https://www.viewbase.com/coin/bitcoin




Source: https://twitter.com/danny_knight/status/1355962041312272384/photo/1

Just read the comments on Twitter: peeps are shilling Doge and similar shitcoins like there's no tomorrow.  Grin

Don't care about them shills, but is this actually a number? 48k BTC i read were sent to exchanges last month alone, according to twitter source. Didn't check the stats yet by myself.
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