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

[lightfoot]

Well, in a subjective reality it depends on your beliefs. If you team does it, it's great and good and wise fiscal stewardship. If the other team does it, it's deficit spending and robbing future generations, and a symptom of evil greedy money grubbing people.

When your team does it, it grows the economy (sure, measured in that currency) and creates jobs (and hides that banks are bankwupt).
When the other team does it it is keeping a currency artificially low and causing a trade deflect.

"It's the same thing" said Pooh

Milne, AA. (1917) House on Pooh Corner, Doubleday books

[Raja_MBZ]

Will this support level hold? Or are we actually going to witness the continuation of "alt-season"?

[Paashaas]

- China’s death toll rises to 304 with more than 14,550 confirmed cases.

So how is that tracking with that spreadsheet that was being passed around last week? I seem to recall we should be in thousands of deaths by Feb 2nd.

Just thinking.

Posting spreadsheets everyday might be annoying to some people here. A quick summary is better, to much things happening.

Do not trust China's official numbers or statements, casualties are higher than they say.

[Paashaas]

Bitcoin halving 2012 vs 2016 vs 2020.


https://twitter.com/onemanatatime/status/1223438428995375104

[Biodom]

Will this support level hold? Or are we actually going to witness the continuation of "alt-season"?

Thanks for the graph, merited.
My interpretation is slightly different.
It's not the altseason, it's a repricing of POS (including upcoming POS (eth) and NRC, not real crypto (ripple)) vs POW crypto.
The difference: only POS/NRC coins really move, POW alts don't move much.
I think that it would continue for at least 2-2.5mo, after which we would probably have a fast move in btc (at least 10 points up in dominance from the lows at the end of March-beginning of April).

[Biodom]

Thanks for the graph, merited.
My interpretation is slightly different.
It's not the altseason, it's a repricing of POS (including upcoming POS (eth) and NRC, not real crypto (ripple)) vs POW crypto.
The difference: only POS/NRC coins really move, POW alts don't move much.
I think that it would continue for at least 2-2.5mo, after which we probably would have a fast move in btc (at least 10 points up in dominance from the lows at the end of March-beginning of April).

TBH, that's not a common point-of-view. I've heard people shouting "PoW will pump, PoS won't!" before, but not the opposite of it. Let's see if what you're saying actually happens.

Two coins out of my whole portfolio that pumped a hell lot in January are ADA and ZEC. One is PoS and the other is PoW. I've completely bitcoin-ed out my ZEC, but not ADA. I honestly would love to see ADA/BTC running up further. Let's see, let's see...

I was partially referring just to today's sharp POS move. let's see if it continues or not.
personally, i like POW more as it feels real (converting electricity to coin's security).
In a long run it is possible that king btc will defeat all (going back to 80-90% dominance), we shall see.

[lightfoot]

EDIT: Did you create and update that table by yourself, didn't you?
Please keep posting this.

Indeed, thank you for posting this. This is actual predictions that can be matched with fact, *really* cool and useful.

[gentlemand]

It's palindrome day today, the first in 999 years.

The next will be on 12/12/2121 and then not again until 03/03/3030.

Go forth and celebrate. I would but I threw another Windows 7 party yesterday to celebrate the end of updates. It was kerrrazy.

[Last of the V8s]

[Last of the V8s]

Only if you say 'o2o2twentytwenty', which you don't, or zero 2 zero 2 twenty twenty which is for nerds and worse.
Sorry but today's date in human language whether yankee or limey is  2 2 20 20
or something

[Biodom]

Only if you say 'o2o2twentytwenty', which you don't, or zero 2 zero 2 twenty twenty which is for nerds and worse.
Sorry but today's date in human language whether yankee or limey is  2 2 20 20
or something

it still works in 'human language' for US if you write (as some websites ask you to do):
02022020

Signed: nerd or worse (dork, geek, web bot?)

[gentlemand]

No invite for you in 3030 then.

[Last of the V8s]

'human language' ..... websites
02022020

Signed: nerd or worse (dork, geek?)

No invite for you in 3030 then.

Dammit, I'm mad!

[Last of the V8s]

Do geese see God?

[Biodom]

Do geese see God?

Top spot

Q: why GAATTC is a part of a palindrome?

[gentlemand]

Dammit, I'm mad!

All us frozen heads will be bopping the night away but we'll raise a metallic tendril to you.

Stephen Fry regards his greatest achievement as figuring out Virginia Bottomley, a largely disliked British education minister back in the day, was an anagram of I'm An Evil Tory Bigot.

[Last of the V8s]

Q: why GAATTC is a part of a palindrome?

https://en.wikipedia.org/wiki/Palindromic_sequence
Says palindromes aren't the same quite in genetics. Why? though, sorry idk, maybe because God?

[LUCKMCFLY]

Another great tweet from PlanB about halving Bitcoin.

#bitcoin halving 3 months to go .. now above S2F model value

Source: https://twitter.com/100trillionUSD/status/1224072769761161216

[Gyrsur]

Q: why GAATTC is a part of a palindrome?

https://en.wikipedia.org/wiki/Palindromic_sequence
Says palindromes aren't the same quite in genetics. Why? though, sorry idk, maybe because God?

yes, YHWH.

[Gyrsur]

interesting behavior: the FX market did open (05:00 pm NYC local time) and BTC goes down.

Merde!

EDIT: Tokio is buying back the dip like crazy.