Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[josephpogi]

zorry boyz.
bear trap!
bullish!

okay let's seee

[1714250555]

1714250555

[1714250555]

1714250555

[criptix]

All hail criptix you plebs 

[hv_]

Bbut... but Anon, it's like when you want a car engine to 'scale' to higher horsepower and speed, the most straightforward way is to simply add more cylinders!  V32 engines for everyone so we can get places faster, amiright?  /s

Stupid analogy is stupid.

If you want a transportation analogy, a closer analog would be passenger demand for a certain train route exceeding capacity solved by adding more passenger cars to the train.

Still a stupid analogy, but an order of magnitude closer to the situation at hand.

https://txstreet.com

?

[Gyrsur]

Bbut... but Anon, it's like when you want a car engine to 'scale' to higher horsepower and speed, the most straightforward way is to simply add more cylinders!  V32 engines for everyone so we can get places faster, amiright?  /s

Stupid analogy is stupid.

If you want a transportation analogy, a closer analog would be passenger demand for a certain train route exceeding capacity solved by adding more passenger cars to the train.

Still a stupid analogy, but an order of magnitude closer to the situation at hand.

https://txstreet.com

?

TxStreet.com

TxStreet.com is a Bitcoin Cash (BCH) and Bitcoin (BTC) live transaction visualizer inspired by txhighway.com. This website helps users understand the mempool and blocksize in an easy way.

When a new transaction is broadcasted to either the BCH or BTC network, a person appears and attempts to board a bus. If the mempool size is lower than the block size limit, then they board a bus and wait for the next block to be found. If the mempool is bigger than the block size limit, then they will have to wait in line before boarding a bus.

The movement speed of the person represents how high a fee they paid in sat/B. The size of the person represents the size of the transaction in bytes.

Segwit transactions will board the segwit bus.

BCH currently has 32 buses representing a 32MB block size limit. BTC has two buses representing the 1MB block size limit and 4MB block weight (segwit).

When a block is found, both BTC buses will leave for the blockchain. For BCH, only the required number of buses will leave. For exmaple, if there is a 1.7MB block found, only 2 BCH buses will leave for the blockchain. If there is a 31.5 MB block found, all 32 BCH buses will leave.

This is a beta version of this website. Many more features are planned.

LOL genius. turn on the sound too.

[JimboToronto]

Good morning Bitcoinland.

I see I just missed the correction/rebound after yesterday's silly little ETF rejection panic.

It's nice to see we're most of the way back up... currently $8186USD/$10691CAD (Bitcoinaverage).

Now let's move onward and upward but not too fast.

Go Bitcoin go.

[Raja_MBZ]

[BitcoinNewsMagazine]

Is anybody keeping track of price movements vs futures closing? That move was rather like clockwork.

Sure also see https://twitter.com/AureliusBTC/status/1022864464834691072

[El duderino_]

https://twitter.com/whalepanda/status/1022550208817889280?s=21

Warren buffet crypto buying gif   

[Torque]

Speaking of manipulation, did you guys hear the one about the country that supposedly more than doubled it's GDP output in a single quarter? Har har

I mean just look at all that economic growth, it's out of control!
https://fred.stlouisfed.org/series/M2V

[STT]

The Motley Fool, too, suggests we might be in for a stock market crash.

https://finance.yahoo.com/news/favorite-warren-buffett-metric-tells-103400994.html

Everyone knows a crash is coming. No one knows when. That's the name of the game.

Nobody knows what part will crash even, nobody knows anything much apparently  Its all guesswork, I'm fairly sure this is the doctrine of the FED tbh  Its true there never has to be a default in anything, Greece is no problem etc no matter quality of the debt it can be buried on the books and only those who pick apart the failure of value can argue it was virtual default.
    A 100 dollar bill from 1960 is worth 20 cents now I heard, I find that hard to believe and if true its a default in all but name.    Ditto any US government pension will bare the brunt of QE failings, thats a default similarly.  I will get a source for that.
If we find the above to be true I think it does explain alot why BTC rises, yep the technology, growth etc but I swear its this other half also with the dollar story, yen etc



https://www.ft.com/content/2a165852-90ae-11e8-b639-7680cedcc421


Stocks on balance are unlikely to crash so long as currency is this soft.  It could reset a way though, I'd mark the 1987 move as a proper crash and I dont expecially think thats a danger ('87 recovered its losses for anyone who held annually very quickly).   Studies of massive inflation in an economy and its effects on stocks, such as Mexico has suffered previously gave a rough conclusion of no value lost over that period of a decade or so but also no growth.  That including all the false growth from a lower value currency, dividends, etc   So long as the company stayed solvent it didnt crash exactly, on average to an index there was no loss or real growth given.


Motley is just spewing out articles like most news outlets.   Quality varies by each writer but the most you can hope for is information, conclusions are biased to headline vs viewers.

like Western Europe, which is intent on becoming one, large Muslim state

France will switch over to a Muslim majority population at some point.

Just wondering where you guys get the data you are basing these conclusions on. (I'm implying that they are far from accurate .)

Its a projection so feel free to disregard.   I should post a source but also you can look up birth rates which would be a historic fact at least.   I wont single out France, next time I see an article on demographics like this I will post it.  Its more fundamental then speculative but a nation can always advance away from relying on mass labour exactly, such as the transition from agrarian economies to modern efficiency.
  Its my own personal view that a country is poorer and less likely to grow with a declining population, some believe opposite.  Vietnam undercuts the cost of labour vs China now, China overall is a complicated argument but I wouldn't disagree they have quality control problems.  I said before Im apprehensive on any reliance on China as a flaw waiting to fail.


Futures effect on the underlying market is like a wolf pack U-boat formation, Im not sure how to track that influence exactly apart from knowing the closing dates being particularly prone to sharp movements.  Happens in a few markets with these contracts I think, also their margin requirements vary which can have an influence.
I didnt see it this time but sometimes traders will call out a large buildup of positions at certain prices and potential for manipulation

[Karartma1]

https://twitter.com/whalepanda/status/1022550208817889280?s=21

Warren buffet crypto buying gif   

Paving your way to hero!

[El duderino_]

https://twitter.com/whalepanda/status/1022550208817889280?s=21

Warren buffet crypto buying gif   

Paving your way to hero!

Yeah but isn’t iT related with activity...? ( Going Hero?)
And last days people Where generous with meriting me but more easy for sending Some now..... sitting on ATH of
Smerit for the moment     Thx for giving me Some sending dynamites (ammo)

[infofront]

After transaction spamming to make it look like it's still relevant, Bcash transactions are back below Dogecoin, Etherium Classic, and Litecoin.

[Ibian]

I just think it’s kinda cute how most of the Republican administration seems to be in bed with Russia.   Quite literally.  

It’s also fun to point out how many right wingers are traitors, prepared to sell democracy down the river for a few bucks.

I just hope all of us deplorable traitors can steer America away from socialism, lest we become a failed state like Britain.

Yep. All them social democracy countries just keep on failing.

https://en.m.wikipedia.org/wiki/List_of_countries_by_Fragile_States_Index

https://youtu.be/A9UmdY0E8hU

LOL

The criteria are bullshit created by statist commies so they can circle jerk about how great they've made their "social democracies". Here are some selected indicators of a failed state, according to that list, with my comments added in italics:

• Delegitimization of the state. - All states are illegitimate.
• Deterioration of public services. - AKA smaller government.
• Suspension ... of law; - We have way too many regulations anyway.
• High economic inequality. - Sounds like a functional, capitalist economy.
• Mounting demographic pressures. - Is this like Japan and China, with their rapidly aging populations? Or like Western Europe, which is intent on becoming one, large Muslim state?
• Uneven economic development along group lines. - Different gender and ethnic groups aren't identical? No shit
• Rise of factionalized elites. - Is there any country that doesn't have these?

Furthermore, if you can't see that Western Europe is in a slow-motion freefall, you need to look a lot harder.

I would also add that things will eventually accelerate rapidly past a certain point.

I spent 3 years accumulating coins while being otherwise utterly broke. Then the price multiplied by 20. I went from bum to financially independent almost literally overnight, but it took years of work to reach that point.

When very wealthy people go broke it works the same way, but in reverse. First they lose money slowly, and then very rapidly.

I predict an explosion in ethnic violence at some point across the entire western world, and most people will be taken by complete surprise.

[El duderino_]

https://bitcointalk.org/index.php?topic=4710399.new#new

Last time finishes tomorrow 12 CET and still missing a few so come and join this small freeroll

[infofront]

I would also add that things will eventually accelerate rapidly past a certain point.

I spent 3 years accumulating coins while being otherwise utterly broke. Then the price multiplied by 20. I went from bum to financially independent almost literally overnight, but it took years of work to reach that point.

When very wealthy people go broke it works the same way, but in reverse. First they lose money slowly, and then very rapidly.

I predict an explosion in ethnic violence at some point across the entire western world, and most people will be taken by complete surprise.

We have a powder keg waiting to detonate here in America.

The [Trump] ‘Resistance’ Continues Its Slide toward Violence

Because of the ever-descending moral and intellectual state of the mainstream news media, there has been no outcry against the leftists who call President Donald Trump and all Americans who support him Nazis. Indeed, members of the media now regularly do so.

Without that outcry, this labeling will only increase; and this steadily increasing drumbeat of hysteria is likely to lead to one result: violence against conservatives.

It is not plausible to foresee any other outcome of left-wing normalization of the terms “Nazi” and “white supremacist.”

...

For at least a decade, I have been saying that America is fighting a second Civil War. But I have always added that unlike the first Civil War, this one — thank God — is nonviolent.

It’s getting harder and harder to assume it will stay that way.

...

As one liberal writer, Peter Beinart of The Atlantic, asked nearly a year ago, “If you believe the president of the United States is leading a racist, fascist movement that threatens the rights, if not the lives, of vulnerable minorities, how far are you willing to go to stop it?”

When conservatives — even one as critical of the president as Ben Shapiro — need the protection of bodyguards and police officers in riot gear when speaking on an American college campus, it is clear where we are headed.

[buyandhold]

Retraced the entire SEC refusal F.U.D. in under 24 hours.
Bears rekt.

[gentlemand]

I predict an explosion in ethnic violence at some point across the entire western world, and most people will be taken by complete surprise.

I know plenty of mixed race folks. Who are they going to kill? Themselves?

[JimboToronto]

Retraced the entire SEC refusal F.U.D. in under 24 hours.
Bears rekt.

Beartrap sprung. Buying opportunity missed.

[bitserve]

Would a close around this levels mean a golden cross on 3d? Is a golden cross on 3d of any relevance or only on the weekly?