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

[mindrust]

Just saw this on reddit:


Source

"The charts never lie"

[SuperTA]

Yea, i was trying to find out the method of his/her predictions. After some time of experimenting with many indicators i found out that his/her price and time predictions were perfectly matching the fibonnaci circle indicators. (longterm and the short term combined)

That's how i discovered that the 87,00$ prediction is probably a miss-typed mistake because there is a fibonnaci circle right at the 87.000 usd (november 2020)

[El duderino_]

I posit that hodlers would probably do very well in a marshmallow test (when they were kids). I doubt that anyone here was tested, so....

The question is: who is the strongest btc hodler on WO?
Possible qualifications: never sold any bitcoin (holdling at least since the peak in 2013 or earlier) for fiat and/or alts and forks.
Direct purchasing of things is OK since without spending there would be no btc success story.
Come forward, tell the story and let us admire your persistence against all odds.

First start with your story

[Wilhelm]

$8700 would be a shame indeed  

[mindrust]

Yea, i was trying to find out the method of his/her predictions. After some time of experimenting with many indicators i found out that his/her price and time predictions were perfectly matching the fibonnaci circle indicators. (longterm and the short term combined)

That's how i discovered that the 87,00$ prediction is probably a miss-typed mistake because there is a fibonnaci circle right at the 87.000 usd (november 2020)

WtF all this time I was reading it as 87k, should I panic now?  

*Naah, I'll start panicking after 56k. From 56k to 87 bucks will be a wild ride. (/s)

[SuperTA]

Yea, i was trying to find out the method of his/her predictions. After some time of experimenting with many indicators i found out that his/her price and time predictions were perfectly matching the fibonnaci circle indicators. (longterm and the short term combined)

That's how i discovered that the 87,00$ prediction is probably a miss-typed mistake because there is a fibonnaci circle right at the 87.000 usd (november 2020)

WtF all this time I was reading it as 87k, should I panic now? 

lol, i think not because it's written as 87,00 and not 87.00 (8700 would be 8,700) and 87.000 is right at the november fibonnaci circle, followed by the previous price and time predictions.

[El duderino_]

If bitcoin is an experiment, then so is central banking.

Quantitative easing, negative interest rates, deficit spending, fractional reserve banking and capital controls is an experiments gone off the rails.

Bitcoin makes it look like vaporware.

https://twitter.com/Rhythmtrader/status/1166160655851937792?s=20

[vroom]

recommended site: https://wtfhappenedin1971.com/

[El duderino_]

https://www.metronieuws.nl/in-het-nieuws/2019/08/proef-met-staatswiet-in-tien-gemeenten

Very OT and Dutch written.... but this is about the Holland goverment, doing an experiment of growing there own weed and selling it to the shops .... experiment with 10 Holland cities

[vroom]

https://www.metronieuws.nl/in-het-nieuws/2019/08/proef-met-staatswiet-in-tien-gemeenten

Very OT and Dutch written.... but this is about the Holland goverment, doing an experiment of growing there own weed and selling it to the shops .... experiment with 10 Holland cities

related to your OT:  The Cannabis Blockchain platform https://www.bitcanna.io/

[Wilhelm]

https://www.metronieuws.nl/in-het-nieuws/2019/08/proef-met-staatswiet-in-tien-gemeenten

Very OT and Dutch written.... but this is about the Holland goverment, doing an experiment of growing there own weed and selling it to the shops .... experiment with 10 Holland cities

Yeah those experiments are starting however they have not been received well since they limit THC values.
The customers want the high-potency stuff and not the "Weed-light" or "Childrens-Weed" (Kinderwiet). This leaves a market for the illegal stuff.

However it does prevent the "legal" coffee shops having to buy their product "illegally" which is a good thing. The police tolerate illegal purchase by coffee shops at the moment.
Legal growing makes everything legal, accountable and taxable. Hopefully it will lower the criminal activities surrounding growing weed.

So it is to be seen if it will succeed.... do hope so...  

[SuperTA]

There is an insane huge buy order on the bitmex.

121.369.999 buy order
it was first at 10.120 usd and removed to the higher price 10.130 usd.

[LFC_Bitcoin]

There is an insane huge buy order on the bitmex.

121.369.999 buy order
it was first at 10.120 usd and removed to the higher price 10.130 usd.

Could be a whale playing around, pulling his buy order(s) as the price gets close just to try & make people buy.

[Tytanowy Janusz]

[..]
There is an insane huge buy order on the bitmex.

121.369.999 buy order
it was first at 10.120 usd and removed to the higher price 10.130 usd.

In most cases that's whale manipulation to create extra demand. No one willing to buy 120 mln $ of bitcoin would try to do it in single order.

I remember similar situation on AGI

650 btc wall was worth more than all tokens available to trade on binance. This walls pumped price +20% (they were puling up by few % each couple of minutes). They disappeared and market crashed -15% in 5 min. -50% currently.

[realr0ach]

If bitcoin is an experiment, then so is central banking.

Quantitative easing, negative interest rates, deficit spending, fractional reserve banking and capital controls is an experiments gone off the rails.

Bitcoin makes it look like vaporware.

You seem to have forgotten (or more likely never known) that throughout history fiat paper has typically been a derivative (receipt) of physical metals.  Cutting off gold and silver redemption is nothing more than a bankruptcy, so there is no actual central banking 'experiment' taking place.  It's more like the govt defaulted then turned guns on you in a violent hostage situation.

But physical metals never actually stopped being money.  Every monetary unit that exists whether legit or a scam is free floating in a zero sum game against one another.  The fiat scam illegitimately sucked up 90%+ of the purchasing power in the market.  Once the hostage situation resolves itself with either the hostages running away or the govt killing everyone, since it's a zero sum game, that purchasing power goes right back to where it came from again.

[SuperTA]

There is an insane huge buy order on the bitmex.

121.369.999 buy order
it was first at 10.120 usd and removed to the higher price 10.130 usd.

Could be a whale playing around, pulling his buy order(s) as the price gets close just to try & make people buy.

[..]
There is an insane huge buy order on the bitmex.

121.369.999 buy order
it was first at 10.120 usd and removed to the higher price 10.130 usd.

In most cases that's whale manipulation to create extra demand. No one willing to buy 120 mln $ of bitcoin would try to do it in single order.

I remember similar situation on AGI

650 btc wall was worth more than all tokens available to trade on binance. This walls pumped price +20% (they were puling up by few % each couple of minutes). They disappeared and market crashed -15% in 5 min. -50% currently.

There is an insane huge buy order on the bitmex.

121.369.999 buy order
it was first at 10.120 usd and removed to the higher price 10.130 usd.

I am surprised the price did not move more with such order, could be fake.

All of you are probably right.

[VB1001]

There are more countries at the counter online...>  https://www.usdebtclock.org/world-debt-clock.html

"How easy it is to spend people's money."



Bitcoin hurry up, this will explode anytime.

[Negotiation]

Lots of debate right now about Bitcoin and whether it's going to move up from $10k or break below $10k

IMO, It doesn't matter

What are you doing right now to prepare yourself?

I'm certainly accumulating a small amount here but am willing to hedge w/ a short if price goes down

Source: https://twitter.com/Josh_Rager/status/1166582944015757313

[realr0ach]

What are you doing right now to prepare yourself?

I emailed the CIA nominating Anonymint to fill in the shoes as the new Craig Wright now that the old Craig Wright false flag has completely imploded.  Hopefully they will videotape their journey to the Philippines to capture him with tazers, nets, and shock therapy behavior adjustment.

[nutildah]

The judge also ruled that if Craig mined any bitcoins as of 2013, half of them belong to Kleiman.

I don't remember reading that but I did read the whole thing and put my commentary here.

In short, the judge basically called Craig a liar and a fraud. Peter McCormack's got to be pretty stoked right about now.