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

[Bossian]

Vroom I hope you are not taking this seriously but as a joke only.

Edited 4 hours ago and acknowledging Jeffrey Epstein incident.

well, I was under the impression that the screenshot was old but it's not. sorry for posting such crap

How do you recognize if a screen shot is 1 day old or 8 months old?  

[vroom]

Vroom I hope you are not taking this seriously but as a joke only.

Edited 4 hours ago and acknowledging Jeffrey Epstein incident.

well, I was under the impression that the screenshot was old but it's not. sorry for posting such crap

How do you recognize if a screen shot is 1 day old or 8 months old?  

you can not I guess. but the screenshot was uploaded just 3 hours ago: https://imgur.com/YJypc3W

[Dabs]

Yes ... you can. Or maybe, you can't. But I can.

Dabs...sigh...

Sorry, tried to see if he'll ever make any sense, ...

[fillippone]

According to Coin Metrics' State of the Network, Bitcoin and Gold are becoming more and more correlated:

Prices are moving north in both cases:


Correlation is hedging higher toward historical maximums:

Looking at a plot of the prices of Bitcoin and gold can easily lead to the conclusion that there is some positive relationship. Correlation coefficients, a summary statistic that is simple to interpret and calculate, is commonly used to provide an objective measure of the linear relationship between two timeseries. Despite the widespread use of correlation and its ease of interpretation, it is prone to misuse. Some analysts mistakenly calculate correlation using the prices (or level) and not the returns (or changes) of the two timeseries. Such an analysis can lead to misleading conclusions. Our analysis uses daily returns to calculate an economically-meaningful correlation coefficient.

The actual data provides only moderate support for the safe haven narrative. An analysis of a 90-day rolling correlation indicates that the Bitcoin and gold return has historically been uncorrelated with values oscillating around zero. Interestingly, the correlation has been steadily increasing since the beginning of this year as theory would expect. Current correlation is +0.20 – high relative to its historical range and increasing, but still low on an absolute scale where correlation coefficients can range from -1.0 to + 1.0.

[hd49728]

BitKrabs, a beast, who stole money of naive guys, and vanished yesterday.

Be careful, newbies!

You likely knew or did not know about that guy (BitKrabs on Twitter), but his scam story and his art of scam deserve to have a warning here, especially for crypto newbies.

I think we should contribute what we know about scammers' strategies in order to help the crypto world as clean as possible. They always appear and change their strategies over time, but it is valuable to take a look at BitKrabs case.

He bet with Binance CEO on bitcoin future, and he bet 10 BTC that he chose Bitcoin will fall below $8k.
https://bitcoinist.com/whale-bets-binance-ceo-10-btc-that-price-will-drop-below-8k/

He also claimed that he manage a huge funds of bitcoin, and yesterday terrible thing occured when he vanished with bitcoin of naively crypto investors.
His Twitter channel deleted too.

Be careful, extremely careful before you give your money to other hands!

[Icygreen]

Early morning edumakation time.  Simon Dixon is one of my favorite voices in this space and here he shares his theory on how BTC could become the world's reserve currency by 2020.  Bullish, HODL!
 
https://twitter.com/SimonDixonTwitt/status/1161185149784154113

https://www.youtube.com/watch?v=4oofk-i4uRM

[podyx]

How much we dropping guys?

[somac.]

How much we dropping guys?

I'd say that is it for now.

[Paashaas]

https://coinmetrics.substack.com/p/coin-metrics-state-of-the-network-fe6

[Torque]

[Bossian]

How much we dropping guys?

$10200-$10500 kind of range. Then it's time to go all in again.

[LFC_Bitcoin]

I’m set to buy today, only £250 worth but I knew we were going to dip under $11,000. Going to hold off for a few more hours & see how much further we dip before buying.

I can’t see this going any lower than $10,400 - $10,500 but it’s always good to make the right decision when buying.

As always gentlemen HODL for dear life & don’t sell a single sat because 2021/22 = MOON.

[hv_]

The world gets notice of whales, tether and the SegWitCoin manipulations

https://www.leaprate.com/cryptocurrency/bitcoin/whale-concentrations-in-btc-and-tether-raising-manipulation-concerns/

[xhomerx10]

The world gets notice of whales, tether and the SegWitCoin manipulations

https://www.leaprate.com/cryptocurrency/bitcoin/whale-concentrations-in-btc-and-tether-raising-manipulation-concerns/

 Looks like a Russian disinformation campaign.  Probably need the practice for the 2020 US presidential election meddling.

[hd49728]

Did you mean inverted cup & handle pattern?  

[hv_]

The world gets notice of whales, tether and the SegWitCoin manipulations

https://www.leaprate.com/cryptocurrency/bitcoin/whale-concentrations-in-btc-and-tether-raising-manipulation-concerns/

 Looks like a Russian disinformation campaign.  Probably need the practice for the 2020 US presidential election meddling.

Not so sure about their real Motivation any more: They ll go live trading soon

http://fintechnews.ch/blockchain_bitcoin/russian-bank-offers-crypto-asset-solution-in-switzerland/24125/

[bitcoinPsycho]

The world gets notice of whales, tether and the SegWitCoin manipulations

https://www.leaprate.com/cryptocurrency/bitcoin/whale-concentrations-in-btc-and-tether-raising-manipulation-concerns/

"Segwitcoin" go fuck yourself.
 How's your all in bch and bsv investment going?

[VB1001]

https://twitter.com/alistairmilne/status/1161006041557012481

Nice bottle.

[Millionero]

Did you mean inverted cup & handle pattern?  

I was about to say... what kind of fucked up cup with a fucked up handle is he looking at? All wobbly when you try to set it down, leaking out of the side and shit. The handle is just decorative.

https://www.youtube.com/watch?v=4iHjt2Ovqag

[LFC_Bitcoin]

The world gets notice of whales, tether and the SegWitCoin manipulations

https://www.leaprate.com/cryptocurrency/bitcoin/whale-concentrations-in-btc-and-tether-raising-manipulation-concerns/

"Segwitcoin" go fuck yourself.
 How's your all in bch and bsv investment going?