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

[bitserve]

Yeah Mic, we're going to need a swing shift tonight...no way I'm staying up till you come back on.

I’m here
But so early, can’t get myself out of my HODlnest

Good morning mic! I have also wake up early today. How did the session go?

[1685663680]

1685663680

[El duderino_]

Thanks to micg for the original idea, and a huge thanks to xhomerx for translating that into something amazing:



Avatar-sized

Here i do feel bad of not being able to merit it....
But never thought XhomerX would make it that cool out of that cartoon pic
Really having a BIG laugh in my little HODLbed

And it is very cool, but amazingly Made

(Thought you were not gonna use that pic).....

HAT of XhomerX

You Made my day starting very good

[El duderino_]

via Imgflip Meme Generator

via Imgflip Meme Generator

via Imgflip Meme Generator

Meanwhile @vietnam lol

I’m not taking eather of there haircut’s

[realr0ach]

How many times do people have to see shit like this (ALWAYS orchestrated solely by the criminal owners of Bitfinex) to figure out shitcoins are all just pump and dump scams?  There's a lot of scammers floating around in craptocurrency but probably the biggest scam of all are the people claiming digital shitcoins are somehow an "Austrian school" of "hard money".

Anything where your unit of account is a completely imaginary, valueless widget is Keynesian by default.  It doesn't matter what the fuck the supply is doing whether it's contracting or expanding.  It's the exact same type of monetary system advocated by Plato who was a KEYNESIAN.  Aristotle argued against his bullshit and said money cannot be some made up, arbitrary unit and is required to be an actual real world commodity of value to qualify as money.

If there's no real commodity value there, then there's no floor or really any type of fair value at all and it's just a wildly oscillatting game of hot potato pump and dump scam before it eventually craters back to where it came from - zero.

[El duderino_]

Yeah Mic, we're going to need a swing shift tonight...no way I'm staying up till you come back on.

I’m here
But so early, can’t get myself out of my HODlnest

Good morning mic! I have also wake up early today. How did the session go?

Splendid, especially for the last one of the two months

[bitserve]

Yeah Mic, we're going to need a swing shift tonight...no way I'm staying up till you come back on.

I’m here
But so early, can’t get myself out of my HODlnest

Good morning mic! I have also wake up early today. How did the session go?

Splendid, especially for the last one of the two months

Congrats!

[bitserve]

But to be honest, we have had a great growth since the very next day after my "capitulation" post so I don't see any reason to uncapitulate yet. Plus we are not really out of the woods. Bear market is probably not dead yet no matter if we already saw the bottom or not (which I really don't know for sure).

I am starting to get the feeling that you, bitserve, are trolling us with your capitulation status, for effect.

My "capitulation" post was truly honest and a fair representation of what I was feeling at the time. Of course, even then, I was hoping to be wrong (in fact I state exactly that in the post). After that, we have had some "fresh air" in the form of a nice price growth but, even if sometimes my level of hope raises, I still fear the worst and know there's no reason to think we are out of the bear market. Yesterday events prove my fears are not unjustified.

So no, I am not trolling, even if I am being INTENTIONALLY cautious in trying not to be carried out by the joy (FOMO?) when a pump comes. As I said, we are absolutely NOT out of the woods, so my "capitulation" status will remain until further notice.

Let's be clear (again) that I am HODLING. As always since when I started in 2013 (with small amounts back then, unfortunately).

Let's also make very clear that I have never been a bear market buyer, so DYOR/YMMV. Neither a FOMO'er (except when an ATH has JUST broken). I buy when I sense a bear market is over and stop doing it (with "fresh" deposits) when I think things are getting (way) out of hand. The rest of the time I just let it run as a happy hodler... besides some volatility scalping here and there.

P.S.: I have updated my profile to make it more clear. I have finally found an use for that feature lol

[kenzawak]

Humm... could Cryptocompare have fucked it all up yesterday ?

https://twitter.com/CryptoCompare/status/1099692895433646080

[kenzawak]

https://twitter.com/WhalePanda/status/1099949720414367745



https://www.coindesk.com/long-term-price-indicator-tuns-bearish-suggesting-bitcoin-may-have-finally-bottomed-out

"A lagging indicator has turned bearish for the first time in four years, suggesting bitcoin’s price may have bottomed out and that a new bull run could begin this year.

As of press time, bitcoin’s 50-week moving average has dropped below the 100-week MA, confirming a bearish crossover – the first since April 2015. Long-term bearish crossovers, however, tend to occur at the end of a big bear move, with prices rallying soon after, as MAs are based on past data.

For instance, the 50-week MA responds to price action seen over the last 12 months, and the 100-week MA tracks much older data. Therefore, the bearish cross of the two is the product of a prolonged bear market – BTC dropped from $20,000 to $3,122 in the 12 months ending December 2018.

Put simply, it takes a great effort on the part of the bears to push the 50-week MA below the 100-week MA. As a result, the bear market is usually exhausted by the time the crossover is confirmed, which seems to be the case with BTC."

[kenzawak]

https://twitter.com/LNstats/status/1099389990214295552



https://1ml.com/statistics

[VB1001]

I will be out all week, at an international fair, I hope to find many green dildos on my return, I will try to follow the thread when I return to the hotel at night.

Eat a lot
Drink a lot
Rest a bit

This is not good for the body, but I have to work for BTC.

Bye WO,s !!!

[ivomm]

Yesterday's dump was because of some miner who transferred 2500 BTC in Bitfinex and sold directly. He was not a trader, because a several hours earlier, he could have sold to an ask wall of 1180BTC at 4230$. This guy clearly went above the electricity expenses and decided to take his profit. May be he read the old news article: https://coinnounce.com/cryptocurrency-regulations-in-china-the-journey-and-the-current-status/
When Chinese n00b miners read about the incoming ban (it will happen very soon indeed), I imagine how nerveous they get to sell their precious BTC's only to be able to pay the electricity and other expenses. I hope this year we will lose forever those weak hands and be able to recover in the ATH area at least. But even if these imbecile dumps hold us for another year, after the halvening we will shoot to the moon!

[Globb0]

its going HARD AF

nice set up?

Do you play 1 vs 1 at poker or tournaments?

[kenzawak]

In other news, Eleven Popular Apps That Shared Data With Facebook

https://www.wsj.com/articles/eleven-popular-apps-that-shared-data-with-facebook-11551055132?mod=e2tw

Flo Period & Ovulation Tracker
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BetterMe: Weight Loss Workouts
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Instant Heart Rate: HR Monitor
BetterMen: Fitness Trainer
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Breethe : Sleep & Meditation
Trulia Real Estate : Find Homes
Glucose Buddy

[HairyMaclairy]

https://twitter.com/WhalePanda/status/1099949720414367745



https://www.coindesk.com/long-term-price-indicator-tuns-bearish-suggesting-bitcoin-may-have-finally-bottomed-out

Here is the "death cross" they are talking about.



And here is that same cross back in 2015



As you can see, the cross happened after the bottom (shown in the pink circle).  This chart is part of the reason that I made my bet with V8 that the bottom was in.  

[ivomm]

lol

[Last of the V8s]

aaach maybe you're right.
 

[Olegya199]

Like a dollar, only better. Better 21 million times.

[nutildah]

Yesterday's dump was because of some miner who transferred 2500 BTC in Bitfinex and sold directly. He was not a trader, because a several hours earlier, he could have sold to an ask wall of 1180BTC at 4230$. This guy clearly went above the electricity expenses and decided to take his profit. May be he read the old news article: https://coinnounce.com/cryptocurrency-regulations-in-china-the-journey-and-the-current-status/
When Chinese n00b miners read about the incoming ban (it will happen very soon indeed), I imagine how nerveous they get to sell their precious BTC's only to be able to pay the electricity and other expenses. I hope this year we will lose forever those weak hands and be able to recover in the ATH area at least. But even if these imbecile dumps hold us for another year, after the halvening we will shoot to the moon!

Can I ask where you got this info from?

[kingcolex]

Yesterday's dump was because of some miner who transferred 2500 BTC in Bitfinex and sold directly. He was not a trader, because a several hours earlier, he could have sold to an ask wall of 1180BTC at 4230$. This guy clearly went above the electricity expenses and decided to take his profit. May be he read the old news article: https://coinnounce.com/cryptocurrency-regulations-in-china-the-journey-and-the-current-status/
When Chinese n00b miners read about the incoming ban (it will happen very soon indeed), I imagine how nerveous they get to sell their precious BTC's only to be able to pay the electricity and other expenses. I hope this year we will lose forever those weak hands and be able to recover in the ATH area at least. But even if these imbecile dumps hold us for another year, after the halvening we will shoot to the moon!

Can I ask where you got this info from?

Obviously where we all get our information from, rumors and straight out of our asses.