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

[HairyMaclairy]

Weeee

[OutOfMemory]

Vitalik seems to be openly supporting Bitcoin Cash; the dude must be thinking that it might somehow benefit Ethereum and damage BTC.

What's next?
Jihan, Vitalik and Justin Sun founding the "shitcoin alliance"?  

BTC making me feel like Q3 2017  (when i started)

[marcus_of_augustus]

https://gnews.org/107513/

Unusual activities before the epidemic
The U.S. government will investigate the stock market manipulations took place before the Wuhan epidemic including (but not limited to):

“Exists” from Stock Exchanges in Shanghai, Shenzhen, and Hong Kong.
short-selling
People with knowledge of the viral attack sold a large number of stocks to American, European and Saudis investors. Many people who sold their stocks include Jiang Zhicheng (the grandson of Jiang Zeming, the former president of China), Meng Haijin (the daughter of Meng Jianzhu), and Gao Yanyan, etc.
Li Ka-shing, a pro-CCP tycoon in Hong Kong, unloaded a significant portion of his stock holding after Nov 12, a move he did not take during the Hong Kong pro-democracy protests.
Many Chinese business tycoons have been shorting stocks and selling stock holdings to foreigners while keeping their mouths shut since Nov 12, 2019.

I don't know about the veracity of Miles Guo's theories but we do know that Li Ka-Shing has been heavily involved in bitcoin in the past. If he was exiting Chinese stocks as Miles says then it is possible he was entering bitcoin/gold flight capital assets. There was a good pump in bitcoin mid-late Oct. .... hmmm was that another Li Ka-shing and co. pump?.

[bones261]

What's the best defence against a nocoiner: burning oil, flaming arrows, a good ol' pitchfork?

(I know some nancy-boy will respond with knowledge and fine argument!)

I currently own just over 200k sats. I hope that qualifies me as not being a nocoiner. I prefer not to be impaled, burned or mutilated by wo people.

That's 30% below each earthlings's average (locoiner status).
shape up to at least 300K sats...or not.
 

Oh, I just opened up electrum and discovered 100 K more sats tucked away in a native segwit address interfacing with trezor. so that brings me up to locoiner status. Hmm, maybe I have some more dust tucked away somewhere else.

[JimboToronto]

...that brings me up to locoiner status...

You'll always be a bro-coiner to me.

[AlcoHoDL]

Just looked at the price.
Another AYH.
This is fine.
This is NOT a haiku.
Going to HoDLsleep soon...

Don't forget to encrypt your laptops and lose your keys in a kebab accident.

[somac.]

You need more than 800 corpses that's for sure..

edit: these numbers comes close to the Tencent leak.





https://twitter.com/inteldotwav/status/1226267582740811777

Anything burning fuel produces SO2, including my truck.  

The African Swine Flu is still happening over there I think. They could be burning off the pigs. Either way trusting anything coming from the CCP is the same as trusting anything coming from the Soviets when they existed. Utterly pointless.

We will not know the full extent of this crisis for some time, and maybe not at all.

[jojo69]

Yes, I remember well once we hit 20k the pumpers and latecomers all started calling for 40k "soon" and possibly in just days or weeks. I think 20k came so fast that most were shocked and the euphoria was real so they just decided to come up with a new price target off the cuff and 40k was the go to target bc it was double the 20k milestone that created massive euphoria and got the attention of the world.

#parabolic-er-er-er

[jojo69]

when Kathleen's bike?

jesus...lol

[marcus_of_augustus]

https://twitter.com/IsChinar/status/1225642223506579457

... wow, the US health workers on the evacuation flight are wearing fully recirculating (independent oxygen) biohazard suits. Definitely not Just the Flu Bruh.

edit: and backs up the airborne claim.

[HairyMaclairy]

They are being supercautious because they don’t know what they are dealing with.

Doesn’t prove or disprove anything.  

Am watching the cases in Western jurisdictions closely.  So far no explosions of infection from the French or German cases.  

Given the amount of air travel from Hong Kong and Singapore, cases currently are surprisingly low.

[Lambie Slayer]

https://gnews.org/107513/

Unusual activities before the epidemic
The U.S. government will investigate the stock market manipulations took place before the Wuhan epidemic including (but not limited to):

“Exists” from Stock Exchanges in Shanghai, Shenzhen, and Hong Kong.
short-selling
People with knowledge of the viral attack sold a large number of stocks to American, European and Saudis investors. Many people who sold their stocks include Jiang Zhicheng (the grandson of Jiang Zeming, the former president of China), Meng Haijin (the daughter of Meng Jianzhu), and Gao Yanyan, etc.
Li Ka-shing, a pro-CCP tycoon in Hong Kong, unloaded a significant portion of his stock holding after Nov 12, a move he did not take during the Hong Kong pro-democracy protests.
Many Chinese business tycoons have been shorting stocks and selling stock holdings to foreigners while keeping their mouths shut since Nov 12, 2019.

I don't know about the veracity of Miles Guo's theories but we do know that Li Ka-Shing has been heavily involved in bitcoin in the past. If he was exiting Chinese stocks as Miles says then it is possible he was entering bitcoin/gold flight capital assets. There was a good pump in bitcoin mid-late Oct. .... hmmm was that another Li Ka-shing and co. pump?.

Cant think of a better way for The Beijing Boyz to stash their wealth than Bitcoin.

[HairyMaclairy]

The SEC doesn’t give a fuck about what happens on the Chinese stock markets. It’s laughable that they would investigate.  

And the Trump administration is trying to pump Xi up, not knock him down. That commentator is a joke. 

[somac.]

They are being supercautious because they don’t know what they are dealing with.

Doesn’t prove or disprove anything.  

Am watching the cases in Western jurisdictions closely.  So far no explosions of infection from the French or German cases.  

Given the amount of air travel from Hong Kong and Singapore, cases currently are surprisingly low.

That's what I'm watching too. I can only hope that every other countries systems can handle this better than the Chinese and being that they are more open than the Chinese, not punishing doctors etc we might have a chance. And seem to be taking things more seriously as well.

However, take Singapore as an example. They have 40 cases currently. Apparently Hubei/Wuhan had the same on the 17th of January then in the next 2 weeks things exploded. We definitely still need to wait and see before judging how things go outside of China.

[jojo69]

The SEC doesn’t give a fuck about what happens on the Chinese stock markets. It’s laughable that they would investigate. 

yeah, a lot of stuff on that site seemed off

[HairyMaclairy]

The statistics coming out of Hong Kong definitely looks suspicious. The Singaporean case studies are very detailed. They seem to be taking contact tracing quite seriously. So far, they seem to be truthful but hard to tell.

[xhomerx10]

[marcus_of_augustus]

They are being supercautious because they don’t know what they are dealing with.

Doesn’t prove or disprove anything.  

Am watching the cases in Western jurisdictions closely.  So far no explosions of infection from the French or German cases.  

Given the amount of air travel from Hong Kong and Singapore, cases currently are surprisingly low.

I agree. Western cases are way lower than what you would expect from airborne transmissions, unless none of the Western cases contracted outside of China and we haven't had our true Western "Typhoid Mary" yet. Those cruise ships are like petri dishes so I don't know how much you can draw from that, but it's spreading like wildfire on there, whatta nightmare cruise.

[eddie13]

I got my $3k number by extrapolating....
....
333,333.333333

hodl for 300k

I predicted a low of $3k about a year and a half ago and the next high around $300k..

The $3k low prediction held up pretty well and I'm no less confident in the 300k prediction since then, with about the same seriousness that I was saying "BTC to $10k" in 2014-2015..

I think $100k would be quite a conservative prediction for the peak after this next halving..

Nice prediction, interesting to hear you think it'll go to $300K next cycle. With most people believing that prices will only go 5-10x from ATH ($10K0-200K) until topping out, given the similarities with the recent 2012 style correction, I think we could be leading up to a much larger bubble top than 2018. I don't just mean higher, I mean more parabolic and for longer than 2017. Think 2012 leading into 2013 with a harsh "fake top" correction around $100K. Fiat collapse style parabolic, all the signs are there to take Bitcoin to an incomparable value with fiat.

I'm not sure it will go to 300k but I don't doubt it..
I get the 300k number very simply by comparing the previous ATH of 20000 to the one before that which was 1200.. If it does the same thing again..
20,000/1200 = X/20,000 = 333,333.333333

It would go to 333k just by repeating the past.. But it does not necessarily have to exactly repeat the past.. Could be higher or lower..

I really like this Etoro commercial actually..
https://www.youtube.com/watch?v=ZSnAUHTyksY

That commercial is about exactly the reason I HODL, but if you look at the entire price history of BTC, it has done that same thing over and over again many more times than even the commercial shows, further reinforcing the pattern..

My long term BTC HODL TA is very simple and my short term TA is extremely short term being more based on instinct and watching the books live than anything the charts have done..

The way I actually like to "trade" I don't use charts much at all, but rather watch the books.. But I prefer to trade smaller/medium sized markets that are not on too many exchanges so you can see the entire market by watching only 1 2 or 3 exchanges..

I haven't really "traded" BTC/Fiat all that much.. Maybe only around 500 trades mostly on Huobi and some on Gdax..
Man I loved Huobi so much with it's 0% trade fees.. So perfect for my trading style of just trying to scalp small changes..
Hated Gdax with it's high fees and insane market maker bots that I couldn't really compete with..
It was pretty easy trading BTC at that time too when okcoin, huobi, and btcc were obviously leading the market so you didn't have to watch the rest of the exchanges really..
It's also almost cheating to trade a bull market like that, lol..

I don't even know what exchanges I can trade anymore..


Observing BTC looking fine at 10158..

[marcus_of_augustus]

The SEC doesn’t give a fuck about what happens on the Chinese stock markets. It’s laughable that they would investigate. 

yeah, a lot of stuff on that site seemed off

... but super-entertaining and it's always good to hear all the fringe stuff ... it's how you get to become an early adopter