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

[Searing]

I think this is empirical proof that we have Lady HODLers here 

You think the gals are the 38%?  I can't imagine we have THAT many...

 ..

There is symmetry in the poll. They balance out perfectly!

Those who don't have Bitcoin in any real amount, think about SEX.

They also think about Bitcoin, but the odds at this point even for the geeks on here, with little Bitcoin, is
that you'd likely get Sex before any Bitcoin of a significant amount to matter.

 So as long as you are daydreaming, may as well be the more likely aspect of Sex vs Bitcoin. As either is unlikely.

Those with Bitcoin who have a 'significant' amount think more about Bitcoin then Sex because they are 'getting' plenty of Sex.

But they realize they are geeks, so think more about Bitcoin in order to continue to get Sex.

Geeks that they are they find it is fun, but realize they must think more about Bitcoin and how to get more, in order to keep this addiction to sex going.
Without Bitcoin, they are 'whiny' little dweebs on the Wall Observer Here, and that would be torture to go back to that life, now that Bitcoin has shown them Sex
with an actual 'gasp' person vs the Japanese Silicone Love Doll. They know the 'magic formula' for Sex is MORE HODL and MORE Bitcoin.

Thus the poll makes perfect sense. Because really, everyone here all they really think about is Bitcoin, with the result of getting enough to
always have Sex. It is just as geeks, Bitcoin HODL'ing from back in the day has made both daydreams possible! Those geeks without significant
Bitcoin has NO chance to discover the mystery of Sex. It is how the world is.

So those who need to get more and HODL to someday have sex, you need to get moving and get some! Before the price pumps to $100k or some such.

So those who are getting Sex with Bitcoin, PACE YOURSELF! You are likely overweight/middle-aged and out of shape!  Thus whoever is pumping you are likely trying to kill you off
quickly and get your Bitcoin, before Bitcoin price pumps!

So it is a race!

Play hard to get! Go to a Gym! Can't get sex if you are screwed to death you out of shape geek! It's a frigging honey badger trap!

So again, the poll is exactly as it should be!

Brad

(I'm so lonely)

[lightfoot]

Those who don't have Bitcoin in any real amount, think about SEX.

Those who have bitcoin have no need to think about bitcoin. So they have sex.

[Biodom]

Those who don't have Bitcoin in any real amount, think about SEX.

Those who have bitcoin have no need to think about bitcoin. So they have sex.

The question was not about "having", it was about thinking  

BTW, IRL general population, females are thinking/dreaming about sex much more than men (anecdotal evidence).

[JayJuanGee]

ATH with the new year. Only a year and a half left to 100k. Buy now or cry later.

Get ready.

*who still calls me a bear now?*

You bear, now.

[edited out]

Here's the thing...  If BTC dominance is that low then there will be a handful of BIG alts. Just the ones with real use cases and promise.  There is NO WAY the ICO p&ds are going to go back up.  That ship has sailed.

So to be honest I would not be surprised to see a few alts go up with BTC.  But not so much that BTC dominance goes way under 50%

Isn't there a current trend likelihood with stablecoins, and there could be some "stablecoins" like facebook coin or some others that might not even be known, yet, that take up  (or dilute) some of the market cap, including undermining that fake measure on coinmarket cap of BTC dominance?

So to be honest I would not be surprised to see a few alts go up with BTC.  But not so much that BTC dominance goes way under 50%

Yes.. that would entail some alts way outstripping BTC on % rises. With 50% dominance,  20% rise in BTC  infers  some better performing alts multiplying up (and that's assuming its the bigger ones).  I think that very unlikely.

I think there will be alts with big dominance:

• USD stable coins

• Tokenised loans paying interest

• Tokenised bitcoin futures

• New attempts at the “next Bitcoin” including more Bitcoin forks

Basically a plethora of exotic financial instruments and derivatives.   No ICO shit. That stuff is dead.

What he (hairy) said.

[infofront]

Nope. Looks like you are serious.  Have fun with that stuff.  Keep an eye out for the lizard people.  

LOL, out of sMerit, otherwise I'd give you all of 'em.

Snopes may not always be correct but I'd trust them far more than infowars. Also, the person who was objecting to the snopes link can always go there and verify *their* sources. The infowars type of places never seem to have verifiable sources, for obvious reasons.

I find this graphic to be useful as a gut check when reading online...


Source: https://www.adfontesmedia.com/

Nice graph. Saved it.
Looking at CNN and FOX NEWS and it seems to be spot on 👍🏻

Here’s the thing.  

I am an avowed leftie and I have never heard of any of the organizations on the hard left of the spectrum, other than Daily KOS.  And I can’t remember having recently read anything on Daily KOS.    

But the hard right organizations like Fox News are everywhere.   

Right- that's how you can tell that chart is B.S. Several members of the "hyper-partisan right" column just so happen to be the handful of right-leaning mainstream/semi-mainstream news organizations. All the members of the "hyper-partisan left" column are a bunch of fringe sites. Meanwhile, the left-leaning mainstream news sites are portrayed as "neutral".

[Biodom]

I think there will be alts with big dominance:

• USD stable coins

• Tokenised loans paying interest

• Tokenised bitcoin futures

• New attempts at the “next Bitcoin” including more Bitcoin forks

Basically a plethora of exotic financial instruments and derivatives.   No ICO shit. That stuff is dead.

What he (hairy) said.

Unlikely. Not that I care much, but you underestimate the ability of Wall Street to create a rush to some token in a true bull market.
Some zombies might revive and some will join the fray.
Why? Because there is a certain group of investors who harp on POW and think that POS will allow them to "earn" interest.
However, the only way btc goes from 10.8K to 29K in 6mo and STILL loses up to 30% of dominance would mean top three-five alts quadrupling to quintupling in the same 6mo.
IMHO, it's not going to happen.
I don't see how btc can truly earn interest, apart from questionable re-hypothecation schemes (in which I don't partake).

[HairyMaclairy]

Facts have a liberal bias













/s

[JayJuanGee]

[edited out]

Unlikely. Not that I care much, but you underestimate the ability of Wall Street to create a rush to some token in a true bull market.
Some zombies might revive and some will join the fray.
Why? Because there is a certain group of investors who harp on POW and think that POS will allow them to "earn" interest.
I don't see how btc can truly earn interest, apart from questionable re-hypothecation schemes (in which I don't partake).

I don't see how in my earlier post, I am making any kind of "estimation" of the power of wall street that significantly or materially differs from your estimations of the powers (abilities) of wall street.

[Biodom]

[edited out]

Unlikely. Not that I care much, but you underestimate the ability of Wall Street to create a rush to some token in a true bull market.
Some zombies might revive and some will join the fray.
Why? Because there is a certain group of investors who harp on POW and think that POS will allow them to "earn" interest.
I don't see how btc can truly earn interest, apart from questionable re-hypothecation schemes (in which I don't partake).

I don't see how in my earlier post, I am making any kind of "estimation" of the power of wall street that significantly or materially differs from your estimations of the powers (abilities) of wall street.

You are agreeing with the opinion that ONLY some unclear tokenization (how loan tokenization creates any value whatsoever-a rhetorical question) and new btc forks (lol) would create significant market cap value.
There are better candidates.

[JayJuanGee]

[edited out]

Unlikely. Not that I care much, but you underestimate the ability of Wall Street to create a rush to some token in a true bull market.
Some zombies might revive and some will join the fray.
Why? Because there is a certain group of investors who harp on POW and think that POS will allow them to "earn" interest.
I don't see how btc can truly earn interest, apart from questionable re-hypothecation schemes (in which I don't partake).

I don't see how in my earlier post, I am making any kind of "estimation" of the power of wall street that significantly or materially differs from your estimations of the powers (abilities) of wall street.

You are agreeing with the opinion that ONLY some unclear tokenization (how loan tokenization creates any value whatsoever-a rhetorical question) and new btc forks (lol) would create significant market cap value.
There are better candidates.

I didn't believe that I was saying that, and it looks like you subsequently edited your post to hone in on my response to hairy's comment.  That was not in your first response because it looked like you were responding to my whole post (or I  could not determine which part).

Anywhooooo,  I was just thinking that there were potentially a lot of ways that BTC dominance measures might be manipulated, and I was just trying to add that angle to the speculation regarding where bitcoin might be a year or two down the road, and Hairy posted a bit of a more elaborate listing of possible scenarios, all of which are speculative in terms of ways in which the BTC market dominant measure might be represented in the future.  Sure, I don't discount forks or any kind of shenanigans that would appear to manipulate and cause bitcoin to look less important than what it is... I am not sure if you buy more into the belief of some kind of significant meaning of the coinmarket cap bitcoin dominance or if you agree that it appears to be an ongoing indicator that is attempted to be used for FUD purposes, including that some coins will get listed on there in such a way that was largely smoke and mirrors, historically, ripple, ethereum and the two bcash forks have been accused of that kind of manipulation, but surely there are several others that try to get listed high on that list in order to cause themselves to seem more legitimate - but at the same time the measure is used in order to attempt to make bitcoin seem like it is somehow in the same league as those shitcoin projects that are listed thereon.

[Wilhelm]

[edited out]

Unlikely. Not that I care much, but you underestimate the ability of Wall Street to create a rush to some token in a true bull market.
Some zombies might revive and some will join the fray.
Why? Because there is a certain group of investors who harp on POW and think that POS will allow them to "earn" interest.
I don't see how btc can truly earn interest, apart from questionable re-hypothecation schemes (in which I don't partake).

I don't see how in my earlier post, I am making any kind of "estimation" of the power of wall street that significantly or materially differs from your estimations of the powers (abilities) of wall street.

You are agreeing with the opinion that ONLY some unclear tokenization (how loan tokenization creates any value whatsoever-a rhetorical question) and new btc forks (lol) would create significant market cap value.
There are better candidates.

I didn't believe that I was saying that, and it looks like you subsequently edited your post to hone in on my response to hairy's comment.  That was not in your first response because it looked like you were responding to my whole post (or I  could not determine which part).

Anywhooooo,  I was just thinking that there were potentially a lot of ways that BTC dominance measures might be manipulated, and I was just trying to add that angle to the speculation regarding where bitcoin might be a year or two down the road, and Hairy posted a bit of a more elaborate listing of possible scenarios, all of which are speculative in terms of ways in which the BTC market dominant measure might be represented in the future.  Sure, I don't discount forks or any kind of shenanigans that would appear to manipulate and cause bitcoin to look less important than what it is... I am not sure if you buy more into the belief of some kind of significant meaning of the coinmarket cap bitcoin dominance or if you agree that it appears to be an ongoing indicator that is attempted to be used for FUD purposes, including that some coins will get listed on there in such a way that was largely smoke and mirrors, historically, ripple, ethereum and the two bcash forks have been accused of that kind of manipulation, but surely there are several others that try to get listed high on that list in order to cause themselves to seem more legitimate - but at the same time the measure is used in order to attempt to make bitcoin seem like it is somehow in the same league as those shitcoin projects that are listed thereon.

*checks Dogecoin 

[Hueristic]

Hey, Anyone wanna run a Real Remote Node?

https://hackaday.io/project/162703-fossasat-1-open-source-satellite

[lightfoot]

Facts have a liberal bias

Two of my key axioms in life:

1) Reality exists
2) Contradictions, by their very nature, do not exist.

[nutildah]

.....I made one small addition, see if you can spot it.
....

zero hedge...

...do I win  a tee shirt?

Nope, even better: 1 merit + 1 WO merit.

Alex Jones has been right all along. It's not for nothing that deplatforming is called being Alex Jones'd.

Right about what? Chemtrails? Crisis actors? The water turning the frogs gay? Everything that comes out of that fat turds mouth is garbage.

He was de-platformed for being viciously, unapologetically full of shit, as well as a grade-A asshole. "Freedom of speech" doesn't apply to social media outlets.

Basically, fuck him for making the world a stupider place to live in.

Good morning WO!  

[fillippone]

Good Morning WO!
Observing BTC 10,760.
More importantly observing BTC protocol getting better and better:

Just announced our Miniscript project website on the bitcoin-dev mailinglist: bitcoin.sipa.be/miniscript/

https://twitter.com/pwuille/status/1163592166062473217

In the thread Peter Wuille details some use of this:

In short, it's a way to write (some) Bitcoin scripts in a structured, composable way that allows various kinds of static analysis, generic signing, and compilation of policies.

Imagine a company wants to protect its cold storage funds using a 2-of-3 multisig policy with 3 executives. One of the executives however has a nice 2FA/multisig/timelock based  setup on his own. Why can't that entire setup be one of the multisig "participants"?

A lot of work is focused on extensions to the functionality of the blockchain itself to support more complex application, but I feel we're forgetting that using these features in an accessible, composable, analyzable way is basically impossible today.

Bitcoin protocol is getting better.
Better bitcoin protocol means bitcoin is more valuable
Better bitcoin protocol means shitcoins are less valauable!

[GreatArkansas]

Another continuation pattern eh? Bakkt PUMP for breakout upside

[Phil_S]

Here’s the thing.  

I am an avowed leftie and I have never heard of any of the organizations on the hard left of the spectrum, other than Daily KOS.  And I can’t remember having recently read anything on Daily KOS.    

Hmm... what do we see right above DalyKos?
The Young Turks, HuffPost, MSNBC... and you never heard of them?

[ivomm]

Good morning WO! It is nice to see a lil pump during the night, although it dried a bit. But it is better to have a normal and steady increase than buy the news sell the fact kind of pumps. Let's hope the traders realize than after the launch of bakkt, it will have an actuall effect on the price. Unlike the CME futures, bakkt will operate with real bitcoins. So, clearly, these bitcoins will be removed from the regular exchanges, which is good. There are however several questions that still need to be answered.

1. Will the clients be able to simply buy and hold bitcoins in bakkt custody, or need to make a futures contract? If they need to make such a contract, can it be made in such a way that it is a mere formality, i.e., the profit/loss in terms of bitcoins related to the right/wrong guessing of the price in negligible? And for how long they can be held there? I've read somewhere it is up to a year, but what happens afterwards is not clear.

2. Will all clients of bakkt be allowed to deposit/withdraw bitcoins? If both actions are allowed, then bakkt will be pretty much like a regular exchange and the price of bakkt will influence the price on the other exchanges. But if bakkt's staff only buys/takes bitcoins from OTC desks and not from every client, then the price of bakkt should not influence the price on the other exchanges, since nobody will be able to move coins and sell them on bakkt.

3. What is the expected amount of new bitcoins entering bakkt each month? The chief of Coinbase tweeted that for this year their custody has attracted $200-400 millions per week from institutions. This would mean around 100 000 bitcoins per month at a price of 10 000. If this is true, it explains why the volume in CB is so high this year (2-4 times higher than in 2018). Are we talking for a similar amount, smaller, or bigger - like an ETF would attract? 

These are the questions that spring to my mind. Hopefully, we will soon get some answers by bakkt's staff. For others, we will have to wait several months.

[Ibian]

.....I made one small addition, see if you can spot it.
....

zero hedge...

...do I win  a tee shirt?

Nope, even better: 1 merit + 1 WO merit.

Alex Jones has been right all along. It's not for nothing that deplatforming is called being Alex Jones'd.

Right about what? Chemtrails? Crisis actors? The water turning the frogs gay? Everything that comes out of that fat turds mouth is garbage.

He was de-platformed for being viciously, unapologetically full of shit, as well as a grade-A asshole. "Freedom of speech" doesn't apply to social media outlets.

Basically, fuck him for making the world a stupider place to live in.

Good morning WO!  

All of those things.

[SuperTA]

Btc/Usd short term

The first 4h chart (CME Bitcoin Chart) shows you the yellow and the purple line, which are very important on the cme chart. Whenever btc goes above those 2 lines on the 4h chart we get a bullish short term momentum. Btc went above it and now it's testing the yellow line. If it stays above the yellow and the purple line and closes 4h candles above them it will be bullish, at least for the short term.

The second chart is a short term chart where we can see the uptrending channel. Bitcoin making his moves between the white channel lines. Btc made a pause at the top of the uptrending channel. There is also the daily moving average line at 10.995 usd . Bitcoin is currently positioned between 2 daily moving average lines, the daily MA 20 at 10.990 usd and the daily MA 50 at 10.800 usd.