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

[gentlemand]

Well give us the bloody phone#  mate!

I'll give you a ring and sing you a lovely "Silent Night" to warm your cockles...

It was vandalised.

BY ME.

Once Xmas is gone I'll be warming up slightly so will spend a few days here.



But I have even more contempt for NYE so will be spending that in the sea shooting out diarrhoea.

[sirazimuth]

Well give us the bloody phone#  mate!

I'll give you a ring and sing you a lovely "Silent Night" to warm your cockles...

It was vandalised.

BY ME.

Once Xmas is gone I'll be warming up slightly so will spend a few days here.



But I have even more contempt for NYE so will be spending that in the sea shooting out diarrhoea.

I suppose it's fairly safe to assume you won't be soliciting wet kisses under the mistletoe then...

[El duderino_]

After today I’ll be hating wine again ......

[AlcoHoDL]

Merry Christmas   to all WO brothers & sisters out there!
Oh, and a   Happy New PAMP!

[lightfoot]

What a weird dream: Someone came up to me, tapped my pocket with something, and stole one of my bitcoins from my phone. Like it made the phone do a transfer by itself. Then they ran off into the crowd.

I spent the rest of the dream trying to figure out how it was done. Software debuggers, RFID tools, wireless hacking things, you name it.

Odd

[AlcoHoDL]

What a weird dream: Someone came up to me, tapped my pocket with something, and stole one of my bitcoins from my phone. Like it made the phone do a transfer by itself. Then they ran off into the crowd.

I spent the rest of the dream trying to figure out how it was done. Software debuggers, RFID tools, wireless hacking things, you name it.

Odd

Could be a glitch in the Matrix...

[sirazimuth]

Merry Xmas everyone!

(this oldie but goodie mighta inspired one of my previous posts, idk...)

[dragonvslinux]

My favorite Xmas tweet so far 



https://twitter.com/MoonOverlord/status/1209875358612443137

[bitserve]

What a weird dream: Someone came up to me, tapped my pocket with something, and stole one of my bitcoins from my phone. Like it made the phone do a transfer by itself. Then they ran off into the crowd.

I spent the rest of the dream trying to figure out how it was done. Software debuggers, RFID tools, wireless hacking things, you name it.

Odd

Sorry to hear that. Did you figure it out?

[Globb0]

it was a fanny

[Arriemoller]

"The price of any commodity tends to gravitate toward the production cost. If the price is below cost, then production slows down. If the price is above cost, profit can be made by generating and selling more." -- Satoshi Nakamoto

Yeah, right, show me any currency that "gravitate toward the production cost".

A currency is generally backed by a police force and an army, so it doesn't match the definition for a commodity.

The bolivar disagrees.

[LFC_Bitcoin]

it was a fanny

It was vandalised.

BY ME.

Hey why not, man. It’s Xmas day after all.

[Arriemoller]

Here's my favourite Christmas video, It's called early morning Christmas mass 1937. It's just so Christmasy

https://youtu.be/5ZCmh8wYbsU

[Bitcoinaire]

Merry Christmas!

[LUCKMCFLY]

An interesting analysis following the Wyckoff methodology.

$BTC - Wyckoff like scenario - just throwing this out there...

Very early to determine whether this is at all accumulation - it can easily breakdown on a retest of the lows again.

Volume profile switched off - you can reference that yourself

Will keep this thread updated

Source: https://twitter.com/TraderX0X0/status/1209110952148393984

A good article of this vision: https://www.newsbtc.com/2019/12/25/wyckoff-bitcoin-bottom-in-price-poised-break-past-8000/

[Arriemoller]

Here's my favourite Christmas video, It's called early morning Christmas mass 1937. It's just so Christmasy

https://youtu.be/5ZCmh8wYbsU

The tinnitus the guy ringing the bell must have.

[dragonvslinux]

An interesting analysis following the Wyckoff methodology.

$BTC - Wyckoff like scenario - just throwing this out there...

Very early to determine whether this is at all accumulation - it can easily breakdown on a retest of the lows again.

Volume profile switched off - you can reference that yourself

Will keep this thread updated

Source: https://twitter.com/TraderX0X0/status/1209110952148393984

A good article of this vision: https://www.newsbtc.com/2019/12/25/wyckoff-bitcoin-bottom-in-price-poised-break-past-8000/

Nice outlook, I'm also thinking this is more a possibility right now. It'll take a bit of time and confirmation for me to be convinced, but it's more than possible by looks of it.

[d_eddie]

"The price of any commodity tends to gravitate toward the production cost. If the price is below cost, then production slows down. If the price is above cost, profit can be made by generating and selling more." -- Satoshi Nakamoto

Yeah, right, show me any currency that "gravitate toward the production cost".

A currency is generally backed by a police force and an army, so it doesn't match the definition for a commodity.

The bolivar disagrees.

And it's approaching its production cost indeed.

[Last of the V8s]

[Arriemoller]

"The price of any commodity tends to gravitate toward the production cost. If the price is below cost, then production slows down. If the price is above cost, profit can be made by generating and selling more." -- Satoshi Nakamoto

Yeah, right, show me any currency that "gravitate toward the production cost".

A currency is generally backed by a police force and an army, so it doesn't match the definition for a commodity.

The bolivar disagrees.

And it's approaching its production cost indeed.

Pretty sure it's way below it's production cost.