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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (0.9%)
7/28 - 11 (10.1%)
8/4 - 16 (14.7%)
8/11 - 7 (6.4%)
8/18 - 6 (5.5%)
8/25 - 8 (7.3%)
After August - 60 (55%)
Total Voters: 109

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26470186 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
JimboToronto
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You're never too old to think young.


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September 23, 2019, 09:40:43 PM
Merited by Hueristic (1)

I did have a full body wax only three days ago

So you are now formerly-HairyMaclairy?

RegrowthMaclairy

Edit: RogaineMaclairy

Edit: FinasterideMaclairy

Hari (Krishna) Maclairy?
HI-TEC99
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September 23, 2019, 09:41:25 PM
Merited by LFC_Bitcoin (1), 600watt (1)

I’m not even remotely bothered about price action like this any more. Just use it to accumulate, even if it’s relatively small amounts.



Remember this? In retrospect it didn't matter much if you bought at $480 or $432. Keep buying the dips.



That was my first awful bear market. I was suicidal (not really but very sad).
NotLambChop was posting those memes every day, the evil bastard.

I was sitting on huge losses back then.

Well he/she isn't posting those memes any more, and today you are sitting on 20x more than you spent at those prices.

soxxx
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September 23, 2019, 09:41:59 PM

To philosophize a little:

I don't understand joe-schmoe thinking..  0% on savings he is OK, -1% he is OK, maybe -5-10% later..he is still Ok.
This is true for both people with and without college education.
Debt through wazoo..still OK.
I am curious as to what might change this thinking IF anything.
Perhaps critical thinking is simply gone from the vast majority of the populace.
If so, we will all sink together.

BTW, for the record, I never thought of bakkt being anything significant, at least at first.


Because people have no comprehension of money or economics. I bet the majority of people don't understand what inflation is, what interest rates are, etc

They just pay their monthly bills and complain how broke they are, meanwhile spending zero time learning finance. Eventually people will realize it, I think in 50 years people will be shocked to find out that people took out massive loans to get a degree, but people will have to learn the hard way before that changes.
LFC_Bitcoin
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September 23, 2019, 09:47:12 PM

You deserve every dollar LFC #stronghands

Thanks man
JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"


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September 23, 2019, 09:53:19 PM

I’m not even remotely bothered about price action like this any more. Just use it to accumulate, even if it’s relatively small amounts.

I love it, its a win-win, if Bitcoin goes down I can accumulate a little more, if it goes up, my net worth goes up. Ill take this any day over going sideways!

I don't mind sideways.
I prefer up.
I will accept down (not like I have a choice).

We need to break down hard and make everyone shit their pants.  

Then we can bounce.  


Define hard.   Angry Angry


I don't like shitting my pants.  It reminds me of embarrassing periods of my childhood.    Cry Cry
P_Shep
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This is not OK.


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September 23, 2019, 10:02:48 PM

I’m not even remotely bothered about price action like this any more. Just use it to accumulate, even if it’s relatively small amounts.


I love it, its a win-win, if Bitcoin goes down I can accumulate a little more, if it goes up, my net worth goes up. Ill take this any day over going sideways!

This is most likely weasels who were hoping to make profits by selling into a BAKKT pump losing their balls & unloading in panic.

Absolutely nothing to panic about. I’m sure we’ll end the week not much lower than this. It does make me laugh how weak willed some people are though.


Sooooo... We're NOT going to die?

That's a relief!
JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"


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September 23, 2019, 10:03:55 PM

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

Did jo-squared put you up to this?  Roll Eyes

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  

Angry Angry Angry
podyx
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September 23, 2019, 10:04:55 PM

El duderino_
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BTC + Crossfit, living life.


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September 23, 2019, 10:05:31 PM
Merited by Phil_S (1), HairyMaclairy (1)

meh

BAKKT is a giant nothingburger

LFC_Bitcoin
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September 23, 2019, 10:08:23 PM
Merited by HairyMaclairy (1)


HairyMaclairy
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September 23, 2019, 10:18:49 PM

Goodnight guys.  Have fun.  

Also Mic go to bed it’s past your bedtime.
rebal15
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September 23, 2019, 10:23:32 PM
Merited by LFC_Bitcoin (1), UNOE (1)

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_
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September 23, 2019, 10:27:47 PM
Merited by 600watt (1)

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_
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September 23, 2019, 10:28:54 PM

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 Cheesy
d_eddie
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September 23, 2019, 10:31:07 PM
Merited by 600watt (1)

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
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September 23, 2019, 10:33:37 PM

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_
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September 23, 2019, 10:44:11 PM


Cryptoqueeen
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September 23, 2019, 10:51:32 PM
Merited by Globb0 (4), LFC_Bitcoin (3), jojo69 (1), Gyrsur (1), 600watt (1), Last of the V8s (1), HairyMaclairy (1), Totscha (1), VB1001 (1)

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
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September 23, 2019, 11:02:43 PM

a girl posting in WO

ancestors cry.
El duderino_
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September 23, 2019, 11:04:20 PM
Merited by Arriemoller (2)

a girl posting in WO

ancestors cry.

Why's that??

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