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

[Biodom]

I have a question: why it has to happen EXACTLY as the last time?
In short: it doesn't and it won't.
Reason: every bitcoin bull market was different so far.

When I am thinking about btc, one number sticks out:

On average, each earthling can have only $0.00273 BTC (current price $14.26).
If you spend $1426 on btc right now (buying 0.273 BTC) and not buy anymore EVER, you would be a 'guaranteed' 1% (even less in reality due to some having large stashes) among all earthlings (not counting only those with btc).
Granted, you won't be rich right now, but in terms of btc, you would be in 1% class.
A pretty good hedge, if you ask me.

TL;DR Those 0.273 BTC are a pretty good hedge (in case btc would win).

[1714214540]

1714214540

[xhomerx10]

I have a question: why it has to happen EXACTLY as the last time?
In short: it doesn't and it won't.
Reason: every bitcoin bull market was different so far.

 I think it's because humans tend to compartmentalize everything in order to avoid anxiety.   If it does turn out differently, we have a drawer for that event too

[fillippone]

haha ^  unconnectedly: cheer up it might never happen
https://markets.businessinsider.com/currencies/news/bitcoin-price-may-take-22-years-to-recover-2019-4-1028119753

Interpol, the world's leading police-cooperation body, aims to "connect police for a safer world." Although the organization's constitution states that Interpol cannot engage in "any intervention or activities of a political, military, religious or racial character," it is increasingly being subverted by autocratic regimes seeking to pursue their exiled political opponents. The number of Red Notices (a type of arrest request issued through Interpol) has increased tenfold in the past fifteen years. Those targeted face the risk of arrest if they travel across borders; have difficulties obtaining visas and open bank accounts; and suffer reputational damage. Interpol remains opaque and lacks accountability for its actions. Recent reforms have started to address some of these issues. But more needs to be done to prevent the hijacking, repurposing, and weaponizing of Interpol by today's globalized authoritarian regimes.

This is embarrassing.
UBS is a global bank, willing to compete on a planetary scale for financial domination, and all one of his analyst can produce is a really cheap analysis on historical returns of completely unrelated assets on different times?
I am fairly surprised I didn’t read the word “tulips” in this piece.
I want my three minutes back.

Edit: this is embarrassing.
More than one year on the forum and still cannot properly quote the right message.

[Last of the V8s]

^ wrong quote


https://breakermag.com/kchain-science-fiction-premiere-byzantine-empathy/

[_javier_]

haha ^  unconnectedly: cheer up it might never happen
https://markets.businessinsider.com/currencies/news/bitcoin-price-may-take-22-years-to-recover-2019-4-1028119753

Interpol, the world's leading police-cooperation body, aims to "connect police for a safer world." Although the organization's constitution states that Interpol cannot engage in "any intervention or activities of a political, military, religious or racial character," it is increasingly being subverted by autocratic regimes seeking to pursue their exiled political opponents. The number of Red Notices (a type of arrest request issued through Interpol) has increased tenfold in the past fifteen years. Those targeted face the risk of arrest if they travel across borders; have difficulties obtaining visas and open bank accounts; and suffer reputational damage. Interpol remains opaque and lacks accountability for its actions. Recent reforms have started to address some of these issues. But more needs to be done to prevent the hijacking, repurposing, and weaponizing of Interpol by today's globalized authoritarian regimes.

This is embarrassing.
UBS is a global bank, willing to compete on a planetary scale for financial domination, and all one of his analyst can produce is a really cheap analysis on historical returns of completely unrelated assets on different times?
I am fairly surprised I didn’t read the word “tulips” in this piece.
I want my three minutes back.

Edit: this is embarrassing.
More than one year on the forum and still cannot properly quote the right message.

i cant agree more. This article writer fears of losing his job or he thinks his parent company is threatened.

Why isnt he comparing with previous BTC recoveries?

This kind of people makes me sad. Poor soul.

[dyask]

Any thoughts on HnS here? (forgive me for overdrawing on your graph)



P.S. I'm still overall bearish until we're trading above $6000.

Scary!  Head and shoulder patterns are dead on about 1/3 the time.   The other 2/3rd is when the price action just grinds on or heads up.    Still it is as accurate as other TA or even having a blind monkey throw darts at a chart.

[Toxic2040]

cheer up it might never happen

Oh you are funny!

lol

another merit but thats the last one for today im warning you.

----------


This whole thing with Elwar and seasteading has got me sick to my stomach truth be told..quite depressing really. Have to keep the ol chin up however..so on we go.


I alluded to a possible solution a few weeks ago. Unfortunately we are still several decades away from making it a reality.

There will never be freedom from nation states down here at the bottom of a gravity well. By definition you are at the bottom of big hole and its damn hard to climb up out of. While down at the bottom you are subject to all sorts of kinetic activities be it micro or macro in scale.


Getting to the Moon and Mars is going to be fantastic but sustained zero gravity immersion is problematic. Even on Mars where the gravity is 38% the strength of Earths it is unknown what the long term repercussions might be to the human body.

And while rotating space stations are cool and actually possible to build I think the solution is asteroids gentlemen. Yep, you heard me right. Asteroids

Head out to the belt and find a suitable candidate, hollow out a portion and spin yourself up a asteroid.

Fully customizable HodlsTM build to exacting specifications. Brought to you of course by the GAINZ CORP


 https://arxiv.org/pdf/1812.10436.pdf
   

whoops..wrong graph

------------

So the other elephant in the room.

When does decoupling happen?  How does it happen?  Do we blow upwards and then shake off the fleas..or do we crash downward and let the dross float to the surface.

Deep questions for a moody and philosophical Wednesday.

------

One last thing..who keeps posting those sexy charts?   

[El duderino_]

Exhausted....into HODLsleep

Though curious where BTC is heading @.

We Will see and congrats LFC, pamoldar and other with their heart for Liverpool, semi finals GoGoGo

[Toxic2040]

Good night goose

bitcoin is going to the moon and beyond of course..keep abiding..your gunna be just fine.
----

$5.3k+  challenged possibly tomorrow with sideways consolidation advancing steadily. This horizontal line of indicators that are "stacking" up on one another can induce what I like to call compression forces that when broken can induce significant slippage. #dyor
1h


Looks like a mimime cookie monster if I am not mistaken.

Note the previous cycle and inertia flow after the jaw closed.
4h

#stronghands'19

[Lambie Slayer]

https://media.giphy.com/media/2Ei15FcW7pRu0/giphy-downsized.gif

Craig Wright admitting he is a faker.

[xhomerx10]

Don Cherry on Coaches Corner tonight.  Check out that suit!  Whoo!!




 GO LEAFS!

[Millionero]

But the refugees in Europe don't want to work. They are not even allowed to do so for a few first years (in my country at least). They want free money with a living space.

I used to live in Finland in an area where refugees were massively brought in, I'd say around 95% did not work and had no will to do so. They got more from the government than the lower wages were. I can see similar behaviour when travelling to Sweden or Norway for example. Most of them can't and won't integrate. Not ever.

Most of the garbage handlers in those countries are pale white.

As far as I know EU is very selective when they are picking refugees.

I live in the country which sends you those.   (Turkey)

All the dumber ones are here (estimated number is 5 effin million btw) and from what I see, all the doctors and engineers are leaving to the EU.

You have a point though. There are many who don't want to work too.  But hey, be glad you don't live over here. There is worse than bad.

Our alphabet is latin, but there are many Arabic signs I started to see in the streets in the last 4-5 years... I have no idea about what they say.

Turkish used Arabic script before changing to the Latin alphabet.  Those signs might be Turkish written in the old style.

[Toxic2040]

dam..grapes lookin good!


Saying go Bears is likely to cause a minor riot around here but oh well...Go Bears!

[Saint-loup]

Turkish used Arabic script before changing to the Latin alphabet.  Those signs might be Turkish written in the old style.

And before in Orkhon script, the native script of the turkish language AFAIK.

Well it could be ISIS propaganda too.

[xhomerx10]

dam..grapes lookin good!


Saying go Bears is likely to cause a minor riot around here but oh well...Go Bears!

 LOL  It's all good - we're talking about a Canadian icon.

[jojo69]

Building a country is a too complex thing.

If everyone is below 90IQ, that's a problem. If everyone is above 110IQ that's another problem.

You don't want everyone to be too dumb and you definitely don't want everybody to be too smart neither.

If everybody in a country is a smartass, building crypto mining farms, writing codes, healing people, teaching mathematics...

...who's going to pick up the trash?

Now you see why USA&EU allows refugees.

I'll pick up trash

kind of a compulsive recycler anyway...

[Dabs]

Every country has a "poor" section, ... you don't necessarily have to be in that section, you can hang out in the middle class section and just be "the millionaire next door", live a simple life, blend in with the crowd, like almost everybody else.

Can probably even buy a large plot of land, build a small fortress disguised as a normal house, hire private security, make friends with the local politicians, "donate" to their causes, and otherwise get out of the cross hairs and radars of everyone else.

I get it, there are ideals in seasteading, but as we all can see, it carries a risk some of us are not willing to take. Eventually, everyone will talk about Elwar the way some of talk about buying pizzas with 10k bitcoins.

Freedom has a price.

[Hueristic]

Meanwhile if you are a street sweeper in China you can get this nifty new watch

https://www.whatsonweibo.com/online-controversy-over-mandatory-gps-tracking-smartwatches-for-chinese-street-cleaners/

Watched the highlights, looks like a bad day to be a Goalkeeper!

[Retina]

Bitcoin Cross is about to happen! See how to trade the pattern!

The 1D MA50/ MA200 Cross (Golden Cross) is about to take place and you are still wondering how to trade it?

Well the last time that happened in July 2015 following the previous bear cycle's bottom, Bitcoin pulled back by around -35%. Then the price rebounded towards a Death Cross (1D MA200/ MA50) that made it consolidate before a new (and final) Golden Cross that pushed BTC to new highs.

The Distance between the 1st Golden Cross and the Death Cross was around 62 days and the (D) between the Death Cross and the 2nd Golden Cross 42 days.

I have tried to plot the same pattern into today's chart. The conclusion is yours!

*Bonus the Ichimoku Cloud which plots a path ahead of the Crosses!

https://www.tradingview.com/chart/BTCUSD/TuwVUD9d-Bitcoin-Cross-is-about-to-happen-See-how-to-trade-the-pattern/

[HairyMaclairy]

Bit of a local pamp - $5290