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

[ssmc2]

https://blog.goodaudience.com/bitcoin-network-momentum-a42346b2f0ce

Bitcoin Network Momentum
A new leading indicator for Bitcoin price during its major market cycles

Very good reading. Thanks for the interesting link.
These new (for me) blockchain analysis tools have the flair of ingenuous thinking.

Some more good articles linked from there:

A long term indicator for market prediction. It is aimed at separating hodlers from traders, trying to account for lost/unredeemed coins. It doesn't use moving averages, so it's in some ways uncorrelated to other popular indicators.
https://blog.goodaudience.com/bitcoin-market-value-to-realized-value-mvrv-ratio-3ebc914dbaee

Another indicator, more traditional in a way, since it does use timed averages.
https://woobull.com/nvt-signal-a-new-trading-indicator-to-pick-tops-and-bottoms/

Two slightly older papers laying the foundation for NVT Signal.
https://medium.com/cryptolab/https-medium-com-kalichkin-rethinking-nvt-ratio-2cf810df0ab0
https://woobull.com/introducing-nvt-ratio-bitcoins-pe-ratio-use-it-to-detect-bubbles/

I'd merit you, ssmc2, but I used up my quota of sMerit for legendaries, and I'm only left with a handful of candy for ordinary guys. Have this as a replacement token.

+1 WOsMerit

Thanks! Yeah there's alot of good stuff in that link and the ones you posted.

[jbreher]

Who sells at the bottom?

A man needs to eat.

https://www.snakediet.com/getting-started/

Haha. Joke's on me. I expected it to be a false URL, riffing on the disgusting nasty-ass honey badger; what? he's eating the snake (eeew! - that's gross!). Imagine my surprise when it opened a page discussing some diet.

[TheCactus]

Alright, I may have learned a hard lesson. I'm about 70% back in. Idk. Let's just crash and burn at this point. Just ignore me. Carry on. Idk.

[realr0ach]

Huh?  What does Dan Larimer have to do with bitcoin?  He's an altcoin pumper and creator

What is your opinion on (((Satoshi Nakamoto)))

[jbreher]

Or look at John Conway's game of life.... simple rules make complex behavior.

Cellular automata were an eye-opener for me. Suppose you've heard of Rule 110 also?

Yes, but as of yet, no existence proof of the Rule 34 derivation of Rule 110.

[bitcoinPsycho]

Alright, I may have learned a hard lesson. I'm about 70% back in. Idk. Let's just crash and burn at this point. Just ignore me. Carry on. Idk.

That’s the spirit  

[Last of the V8s]

In mildly entertaining entomologies
https://bitco.in/forum/threads/gold-collapsing-bitcoin-up.16/page-1300 and ff
https://medium.com/@_unwriter/the-resolution-of-the-bitcoin-cash-experiment-52b86d8cd187

[Last of the V8s]

oh do stfu

[realr0ach]

Nasdaq plans to launch bitcoin-based futures contracts.
https://bitcoinmagazine.com/articles/nasdaq-reportedly-looking-bitcoin-futures-despite-bear-market/

Because trading against the rigged, Bitfinex bucketshop casino wasn't fun enough, you now want to trade against the even worse JP Morgan casino that hasn't lost a trade in metals in 10 years (completely legit of course).

[jbreher]

You guys bought coins for your loved ones as xmas gifts yet?

Every Xmas since years.

Hey man, just give them whats gonna have value in a few years.... DO NOT GIVE LOVED ONES phony coins !!!

GTFOOH south your 'phony coins'. You have no flipping idea.

Hey dad, heres your shitcoin worth $500 $300 $250 $200 $100 $25 $5 ..... Might as well give him a bigmac coupon ^^

Again, you have no flipping idea. Astounding in your ignorance even. Let's just say that the progeny have certainly enjoyed santa's visits.

[Torque]

Coinbase launches OTC trading desk.
https://www.cheddar.com/videos/exclusive-coinbase-launches-otc-trading-desk


Nasdaq plans to launch bitcoin-based futures contracts.
https://bitcoinmagazine.com/articles/nasdaq-reportedly-looking-bitcoin-futures-despite-bear-market/

Rumor: VanEck is partnering with Nasdaq to bring a regulated crypto 2.0 futures-type contract.

Coinbase off-book trading for whales? I’m not sure how that helps me but yippee.

People need to get their coins the fk off of Coinbase. I'm sure that they are fractional reserve, and doing OTC for whales will probably make it much worse. Plebs will be 'leasing' what they think are their coins from the market makers.

In a run to sell in a crash, who do you think will get their orders filled first: Whales or the plebs?

Seen this movie before, it's exactly what happens with stocks in the stock market.

[realr0ach]

People need to get their coins the fk off of Coinbase. I'm sure that they are fractional reserve, and doing OTC for whales will probably make it much worse. Plebs will be 'leasing' what they think are their coins from the market makers.

In a run to sell in a crash, who do you think will get their orders filled first: Whales or the plebs?

Seen this movie before, it's exactly what happens with stocks in the stock market.

Coinbase - the world's first bank that doesn't pay you interest.  Click here to open an account.

[HairyMaclairy]

Who sells at the bottom?

A man needs to eat.

https://www.snakediet.com/getting-started/

Came for the snake juice. Stayed for the snake oil. 

[jbreher]

You guys bought coins for your loved ones as xmas gifts yet?

Every Xmas since years.

Hey man, just give them whats gonna have value in a few years.... DO NOT GIVE LOVED ONES phony coins !!!

GTFOOH south your 'phony coins'. You have no flipping idea.

Hey dad, heres your shitcoin worth $500 $300 $250 $200 $100 $25 $5 ..... Might as well give him a bigmac coupon ^^

Again, you have no flipping idea. Let's just say that the progeny have certainly enjoyed santa's visits.

[Torque]

Coinbase - the world's first bank that doesn't pay you interest.  Click here to open an account.

No banks pay interest anymore, r0ach. In fact many charge you a monthly fee if you don't keep a certain minimum amount held there. Some charge the monthly fee just to hold your money, regardless of your balance.

[realr0ach]

Coinbase - the world's first bank that doesn't pay you interest.  Click here to open an account.

No banks pay interest anymore, r0ach. In fact many charge you a monthly fee if you don't keep a certain minimum amount held there.

Yea, Bank of America pays you negative interest with a $10 monthly fee now.  They seem to not comprehend they're putting up billboards that say "economic implosion imminent" to anyone with an IQ of 100 or more.  They tried to slip in the Citibank clause in a stealth manner, which serves no point if they're going to broadcast they're all insolvent and about to implode wide out in the open.

[El duderino_]

You guys bought coins for your loved ones as xmas gifts yet?

Every Xmas since years.

Hey man, just give them whats gonna have value in a few years.... DO NOT GIVE LOVED ONES phony coins !!!

GTFOOH south your 'phony coins'. You have no flipping idea.

Hey dad, heres your shitcoin worth $500 $300 $250 $200 $100 $25 $5 ..... Might as well give him a bigmac coupon ^^

Again, you have no flipping idea. Astounding in your ignorance even. Let's just say that the progeny have certainly enjoyed santa's visits.

So santa does come early @jbrehers?
To be sure phony coins hold at least some value?  

[Last of the V8s]

Who sells at the bottom?

A man needs to eat.

https://www.snakediet.com/getting-started/

Came for the snake juice. Stayed for the snake oil.  

Couldn't be more accurate. The guy in one of my groups who swears by that diet also strongly advocates EOS and some other shitcoins, 'because the tech is better'. He is however an outstanding trader, and I've made a shedload from following him.

[realr0ach]

The guy in one of my groups who swears by that diet also strongly advocates EOS and some other shitcoins, 'because the tech is better'. He is however an outstanding trader, and I've made a shitload from following him.

The more centralized a coin is, the higher it goes.  This is the only reason bitcoin was able to hit $20k in the first place.  It was completely centralized under Chinese mining cartel with a cost of production of $3k.  If bitcoin was not centralized, the market moves would only be a little higher than whatever cost of production is at the time.  

Or to put it in simpleton JayJuanGee speak, if the market cannot be cornered, it leaves no incentive for someone to pump it.  This is why all bitcoin moves are lightning fast rises and lightning fast dumps.  An aggregate market is a slow rise and slow dump.  Someone that has zero clue how bitcoin works at all but knows about trading can tell bitcoin is centralized and cornered just by looking at how it trades.

[Last of the V8s]

anyone lend me like $4.00?
her purse is empty thus far https://www.blockchain.com/btc/address/1kaeZd3kJSJN6ctxMVSebMjP8rjWwvi9N