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

[JayJuanGee]

If LTC is an indicator of whats BTC doing next,.. i guess i wont be checking prices tonight..  

Did jo-squared put you up to this?  

Let me see if I can shortly / succinctly 'splained BTC price dynamic matters?

Here goes:

Snotty-nosed puppy tail LTC does not wag (or lead) king daddy BTC doggie  

[podyx]

[El duderino_]

meh

BAKKT is a giant nothingburger

[LFC_Bitcoin]

meh

BAKKT is a giant nothingburger

[HairyMaclairy]

Goodnight guys.  Have fun.  

Also Mic go to bed it’s past your bedtime.

[rebal15]

Use the following chart. You will sleep without worries. Lambie will dream $100K. LFC driving 2 Lambos at the same time. CZ slapping himself. Fillip selling BTC at $0.99M. JJG is transformed to a man.

[El duderino_]

1/ Pleased to present my paper on the Bitcoin Realised Value to Transfer Ratio (RVT Ratio). This supports
@woonomic
 providing live RVT charts on http://woobull.com.

The RVT Ratio is a high conviction counterpart and calibration for the NVT Ratio.

https://medium.com/@_Checkmatey_/the-bitcoin-rvt-ratio-a-high-conviction-macro-indicator-615b68715b77



2/ The RVT acts as a slower but higher conviction signal for block-space demand.

With the Realised Cap in the numerator and on-chain volume in the denominator, the RVT is more strongly tethered to the chain than NVT.

RVT is likely to retain stronger signal relevance over time.



3/ In the current market condition, the RVT + NVT pair have shown to pull back following a distinct drop in on-chain transaction volumes.

Part Tether migration.
Part exchange driven short squeeze.
Part Calm before the Bull.

The RVT dipped a toe < 10...The Bull is close...



4/ As always - data is sourced from
@coinmetrics
 community data set. The only website I have bookmarked twice...
https://twitter.com/_Checkmatey_/status/1176225394162327552?s=20
https://twitter.com/_Checkmatey_/status/1176225403113005056?s=20
https://twitter.com/_Checkmatey_/status/1176225412797599744?s=20
https://twitter.com/_Checkmatey_/status/1176225743824723971?s=20

[El duderino_]

Goodnight guys.  Have fun. 

Also Mic go to bed it’s past your bedtime.

00:28h
bro

Btw is it odd... @this time its like I actually RL hear you saying this sh*t

[d_eddie]

I'm not shitting my pants yet. On the contrary, I made a few sats with a part of the short (grown a little in the meantime).
Meanwhile, pushing my long a bit and planning to buy some more physical bitcoin.

On the other hand, I would really shit my pants if were to reach 3k territory. And I would buy like there's no tomorrow, still wearing soiled pants.

The strongest hands win.

[HI-TEC99]

This is fine.

That's what doggie in the fire is saying, too.

what a coincidence.

Yet he was right every time when referring to Bitcoin.

I don't see the room really burning down to its ashes, it's just some heat to clean out the weak hands.

Buy the dips.

[El duderino_]

meh

BAKKT is a giant nothingburger

[Cryptoqueeen]

As a fellow member of this thread, I also want to say that I enjoyed the meet-up. I was surprised how kind everyone was and that everyone get along. It meant a lot for Mic & I think also for the other members. A big thanks to Kurious for making this possible & for the nice planning!

[whiteboy420]

a girl posting in WO

ancestors cry.

[El duderino_]

a girl posting in WO

ancestors cry.

Why's that??

[Cryptoqueeen]

a girl posting in WO

ancestors cry.

This Newbie thinks Bitcoin is only for men.

Satoshi laughs.

[Arriemoller]

a girl posting in WO

ancestors cry.

Why's that??

Just gave you two merits just because you are you.

[El duderino_]

a girl posting in WO

ancestors cry.

Why's that??

Just gave you two merits just because you are you.

Thx man, for now I will take them into

Hodlsleep, cause i'm gonna crash in one whit-in seconds

Goodnight WO-brothers

[JayJuanGee]

As a fellow member of this thread, I also want to say that I enjoyed the meet-up. I was surprised how kind everyone was and that everyone get along. It meant a lot for Mic & I think also for the other members. A big thanks to Kurious for making this possible & for the nice planning!

Cryptoqueen is boi?

I no didn't see no girl at the hand orgy.

[vapourminer]

As a fellow member of this thread, I also want to say that I enjoyed the meet-up. I was surprised how kind everyone was and that everyone get along. It meant a lot for Mic & I think also for the other members. A big thanks to Kurious for making this possible & for the nice planning!

Cryptoqueen is boi?

I no didn't see no girl at the hand orgy.

wait.. that photo.. were there hands UNDER the table too??

[jojo69]

yawn