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

[gembitz]

Does anybody have a clue wtf is this?


Source: https://bitinfocharts.com/bitcoin/

There are almost 25million bitcoins transacted in the last 24 hours. That's bigger than the all circulating coin supply.

Someone with 1k btc needs to make 25k transactions in 24 hours to make this possible.

Bitcoins sent avg. per hour (last 24h)   1,034,709 BTC ($10,360,163,019 USD)

The question is, Wtf?

Anyone?

Likely wash trading? Or the tracker is off with bogus data

or double spends? :\ hmmm

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[Bitcoin Smith]

Gembitz is Dutch ?

I doubt it,the Dutch are an intelligent people.
Probably  American(CIA). no offence intended to any Americans here

Weeeeeee

Yes they were most Intelligent since they have Drump as president.

[infofront]

Fuck you Dutch - give us Greenland*

*Half-joking

[xhomerx10]

Yeah they're not even taking care of it; letting all of the glaciers melt and whatnot...

[micgoossens]

Fuck you Dutch - give us Greenland*

*Half-joking

Haha Trump what a guy, delay the meeting with Denmark cause of...... 

[JayJuanGee]

Hey, Anyone wanna run a Real Remote Node?

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

I need some more description about what the purpose of this would be, and maybe some links of people actually using it.

I presume it is largely a way to get access to the bitcoin blockchain from anywhere in the world with a mere satellite connection and there would possibly be some folks who could either design equipment around such possibilities and/or to sell access through such decentralized access.. but I still would like to see some more expert discussion regarding where this fits and comparing/contrasting with how blockstream has created some of that kind of satellite access to the bitcoin blockchain too, apparently.

[JayJuanGee]

[edited out]

Nice post JJG, long as usual, but well thought out while being entertaining with little to no redundancy. Kudos. At its very essence imo its pretty noble for serveria and ivomm to get mad about a bearish post, I mean its kinda one of things where the sound money cause is bigger than a personal prediction of where price will go. As a frequent partaker in Bullish propaganda production I respect this.

My thing w ivomm was more about the actual content of his posts and how they werent accurate in their portrayal of what I actually wrote. I tried to address him directly on this and clear it up but he never responded, so Im just gonna forget about it and move on.

You do bring up a good point about newbs and fence sitters that is gonna give me something to think about tbh. I dont want to steer them in the wrong direction bc there is never a bad time to buy Bitcoin and their newb brains may be fragile.

I have some friends and fam that I would never mention short term bearish ideas to bc they might freak if they heard a die hard bull like me mention anything other than long term moon. I have more advanced hodler friends who I enjoy discussing short term predictions (bullish or bearish) with and bouncing ideas back and forth, and many on WO fall into this mold, but it is easy to forget about newbs observing WO from the shadows.

Tricky sitiuation, I will have to think on it. This problem will solve itself for the most part in a few months when I go relentlessly long and short term bullish for month after month after month, but it will come up again of course.

@majormax, unfortunately you bring up a good point and Ive noticed this phenomena and its current parallels as well.

Personally, I  believe that long term BTC HODLers and outwardly proclaimed bulls (especially long term bullish); have to attempt to be as frank as we can to newbies and no coiners in terms of telling them how it is, including some kind of ideas that it does not matter too much how certain we are about the possible short term bearishness of BTC, if they are either inadequately prepared for up or they have little to no stake in BTC, their first plan should be figuring out a minimum HODLing stash, even if they are buying at all time highs.  Thereafter, once they have established an initial stake, then they have more room to fuck around by dollar cost averaging, and attempting to increase their stash by buying on BIGGER dips, and strategies like that.  First things, first is to establish some kind of comfortable stash, and if they are only comfortable with zero stash, then that is their fucking problem, as long as we have not contributed to scaring them in their bullshit perspective.  

I have told quite a few peeps in real life that they need to be a bit more proactive in establishing a BTC stash and getting some stake in it, but sometimes it is like talking to a brick wall, so I am not going to spend a lot of effort or even take responsibility over the price movement, if it happens to go down rather than UP, but I will tell them, if they are willing to listen that if they do not get some kind of active involvement in BTC, they may well be missing out (in a personal way) in one of the largest transfers of wealth that man has seen in a decently short period of time.  If they don't understand what I am saying and do not have enough enthusiasm to ask questions or attempt to pursue the topic, I am not going to hold their hands, even if they proclaim that they are confused, blah blah blah.

So, yeah, there are ways to not overly sugar coat the matter, and also to say that bearish scenarios could play out for a decently long period of time while still recommending that newbies, no coiners and fence sitters get some kind of stake in the game, at minimum.

Like you suggested, I have no real problem with posters here being a bit more overly bullish and even inaccurate on the side of some overly bullish scenarios, sure it would be nice if they would clarify up some inaccurate or disputably inaccurate facts, if the matter is clearly presented to them, because those are ways that we all can learn by some back and forth, even if sometimes we might disagree about relevant and material facts, reasonable inferences drawn from such facts or the logic that is used to support various scenarios.

Short term no comment, long term moon

In other words, baby BTC bull is doing just fine.

[becoin]

Fuck you Dutch - give us Greenland*

*Half-joking

Haha Trump what a guy, delay the meeting with Denmark cause of...... 

Denmark shouldn't have allowed Nord Stream II in their territorial waters. The "Greenland" reminder is just the consequence! The Empire of Chaos doesn't like disobedient satellites.

[JayJuanGee]

Hot girl all over Tone Vays: https://twitter.com/i/status/1161811474584657920

Makes me physically ill TBH.

Hahahahahaha

Don't be a hater.

There's plenty of fishes in the sea.

[infofront]

Fuck you Dutch - give us Greenland*

*Half-joking

Haha Trump what a guy, delay the meeting with Denmark cause of...... 

He makes it hard to defend him sometimes. TBH I'd vote for him again just for the comedic value, if nothing else.

[JayJuanGee]

I am Sorry brother, i remember reading your post in the morning, But completely forgot and end up reposting. My  apologies to you and our patrolling guru.

No offense, really.
This is a wall thread where news flow and get multiple repost. I’d be stupid to be offended by a repost, or pretend something because I posted earlier.
No, I just wanted to draw attention on the other thread: it is maybe a better place  discuss this new feature!

Oh I cannot wait for your next recap:
Xx. Fillippone get mad at me throws a temper tantrum in my direction because of a repost!

FTFY

[Ludwig Von]

Fuck you Dutch - give us Greenland*

*Half-joking

Haha Trump what a guy, delay the meeting with Denmark cause of......  

He makes it hard to defend him sometimes. TBH I'd vote for him again just for the comedic value, if nothing else.

One day he 's gonna put all stand-up comedians for shit! :-) And win the world 's most spoiled orange todler contest!  

[JayJuanGee]

Tally ho chaps.

I'm bailing tomorrow.

2 weeks radio silence

 

I bail on a regular basis...and no one ever notices.
I like it that way....

Hahahhaaha

That's what I am thinking....

These dumps are getting somewhat annoying, despite the buying opportunity.

Seems like normal market behavior to me, and might even shake a few weak hands.

Uhmm uhmmm uhmmm the smell of cheap coins in the morning feels so great.

Come my bear friends! Time to do some shopping.

Hahahahaha

That's the ticket, mindrust.


Embrace your inner bear.  

[JSRAW]

Fuck you Dutch - give us Greenland*

*Half-joking

Haha Trump what a guy, delay the meeting with Denmark cause of......  

He makes it hard to defend him sometimes. TBH I'd vote for him again just for the comedic value, if nothing else.

One day he 's gonna put all stand-up comedians for shit! :-) And win the world 's most spoiled orange todler contest!  

Be careful what you wish for 

[HairyMaclairy]

We are currently passing through the final valley of death on the 2015 fractal.

If the fractal holds, we should be turning bullish within the next month. 

Please take your places on the train.  We will be departing the station shortly.

[Ludwig Von]

Fuck you Dutch - give us Greenland*

*Half-joking

Haha Trump what a guy, delay the meeting with Denmark cause of......  

He makes it hard to defend him sometimes. TBH I'd vote for him again just for the comedic value, if nothing else.

One day he 's gonna put all stand-up comedians for shit! :-) And win the world 's most spoiled orange todler contest!  

Be careful what you wish for  

This is a big work of (very contempory) Art JS(not so raw) +1  

[HairyMaclairy]

[cAPSLOCK]

Does anybody have a clue wtf is this?


Source: https://bitinfocharts.com/bitcoin/

There are almost 25million bitcoins transacted in the last 24 hours. That's bigger than the all circulating coin supply.

Someone with 1k btc needs to make 25k transactions in 24 hours to make this possible.

Bitcoins sent avg. per hour (last 24h)   1,034,709 BTC ($10,360,163,019 USD)

The question is, Wtf?

Anyone?

Likely wash trading? Or the tracker is off with bogus data

or double spends? :\ hmmm

God.  Just when I thought you couldn't say something even dumber. 


Poe's law, full effect.

[micgoossens]

We are currently passing through the final valley of death on the 2015 fractal.

If the fractal holds, we should be turning bullish within the next month. 

Please take your places on the train.  We will be departing the station shortly.

Good good, already bought Some tickets a while back....

Mic’s aboard and front row sitting

Now almost into HODLsleep

[micgoossens]

Btw if Trump really want’s to buy Some NEW land.... Let him take Wallonië ( the French part of Belgium.....) he can have it for 1 Buck or something