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

[BitcoinGirl.Club]

May be for the last time we will see a test on $10k?

I've got a bad feeling we're going to briefly dip back into 4 digit territory today. I sincerely hope I'm wrong. Not liking the signs from that recent big red candle...

EDIT: Seeing shorts getting liquidated and large market buys, so maybe we are going up today. Too lazy to screencap Twitter right now.

I too have a feeling that we may see another 4 digit and like you I too sincerely hope that we do not go to that route. Observing now @ $10,390 so we can hope a quick recovery.

[1680292686]

1680292686

[1680292686]

1680292686

[JSRAW]

End of the WO thread if JJG can't find any post to reply, instead updating his own reply.....

[strawbs]

Wow, what a lot of silliness.

Complaining about the merit giving process on an obscure¹ corner of the interweb? I mean, merits are all good and fun and everything, but the day you start to give a flying fuck about approval from strangers² on the internet, is the day you need to go and slap yourself harshly with a wet fish.

And if you don't like a particular obscure³ corner of the interweb, go hang somewhere else. It's a big place.

I hardly ever go to any other part of the forum, only the WO really. I don't post too much here either, hence a low post to years active ratio. But that's fine. After many years, the characters become familiar. It's also a good place to pick up info sometimes.

And it has haikus.

¹no offence meant here
²no offence meant here either
³no offence meant here

In all their beautiful forms

Much love
#nohomo
#haikulove
#WOlove

And in the spirit of not giving a fuck about merits, I'll give my remaining 20 smerits to the best haiku (in my humble opinion) posted this coming Sunday.

# need more haikus

[JSRAW]

@Bob FPS players are gamer in your opinion?  if yes then I do have more than 15k hours of experience in TF2, COD and CS... to add some bonus  i worked in all 3 games..

FPS players are definitely gamers. Some of the most hardcore.

I'm entirely burnt out on the FPS genre... for... (ASSERT THROWN: OPSEC VIOLATION). Mostly enjoy playing ARPG's now.

LIkewise ( minus RPG) when i left Valve.

Watch out if you are into DOTA, its addictive af.

[BitcoinGirl.Club]

End of the WO thread if JJG can't find any post to reply, instead updating his own reply.....

I have no clue what am I doing here. Lost track. May be I will need one of your JS exclusive summary LOL

[Last of the V8s]

It's also a good place to pick up info sometimes.

you do know he's a married man?

[nullius]

Here is my latest Price Orientation Oscillation Prediction analysis. I hope some find it helpful. Consistent with the mathematical trend of the last ~3 years, this looks like another great price point to strongly short with high leverage. I have confirmed this analysis with the strongest science available so far.

Your argument could be stronger if you didn’t wreathe what’s at best educated guesswork in grand pronouncements about “the strongest science”.  Such rhetoric is a scientifically accurate indicator of quackery.

Furthermore, playing devil’s advocate, even if your predictions were correct, “to strongly short with high leverage” is a most excellent means to be wiped out on grounds that “the market can stay irrational longer than you can stay solvent”.  Plenty of speculators have lost their shirts with highly leveraged shorts on fundamentally worthless shitcoins.  Which Bitcoin is not.

This goes far beyond a bearish SELL pronouncement.  Too-emphatically urging, with claims of “the strongest science”, that people should jump into a position of potential losses limited only by the amount that they can put up for margin calls—cui bono?

[Toxic2040]

It's also a good place to pick up info sometimes.

you do know he's a married man?

this doesnt make him less of a slut..i hear he is a cheap date as well..  get a few in em and your bound to score

[goldkingcoiner]

It's also a good place to pick up info sometimes.

you do know he's a married man?

https://www.youtube.com/watch?v=cgwlJIo0In0

[nullius]

I shall go to the himalayas to atone for my sins now

Protip:  Forget the moralizing histrionics about virtue and sin, focus on some subject other than whether WO is an “extremely toxic community” or you need a stint of navel-gazing, and do something that provides value to yourself and/or others.

(This is me being helpful.  Shrug.)

[d_eddie]

Code:

SMerits Balance=Received Merits/2-Sent Merits

[nitpick]
Should be

Code:

SMeritsBalance = floor(ReceivedMerits / 2) - SentMerits + floor( (Oldmerits % 2 + ReceivedMerits % 2) / 2)

The last term is to account for even/odd number of merits.
[/nitpick]

[SwayStar123]

I shall go to the himalayas to atone for my sins now

Protip:  Forget the moralizing histrionics about virtue and sin, focus on some subject other than whether WO is an “extremely toxic community” or you need a stint of navel-gazing, and do something that provides value to yourself and/or others.

(This is me being helpful.  Shrug.)

I will try to interact on this thread as nicely as i can to see whether or not that statement was true, as the toxicity i claim came from 2 main sources

1. The response to my first posts here
2. The fact that a long time member went as far to delete every single post he had on here because IIRC some needle broke the camels back

[BobLawblaw]

Watch out if you are into DOTA, its addictive af.

I played the crap out of DOTA 2 for a long while. Venomancer was my favorite guy to play. Ultimately, it was the length of time for some of the games to play out, that turned me off of it. Games sometimes lasting up to an hour was becoming tedious. Same reason I quit playing WoW; too much time to devote to high end play with raids and whatnot.

Tried playing Artifact, but it was an unmitigated trainwreck on release, and tossed it aside. Was big into Hearthstone for a while, before becoming bored with it as well. Have since nuked my entire Blizzard account over the Hong Kong Hearthstone tourney debacle.

Mostly into games where I can play in 15-30 minute chunks at times, if need-be.

[bitmover]

Wall Observer Meta Post!

I will do one more WO Meta post as well.

I just updated WO merit race with the last data from today. You can see the same data fillippone used, (thanks to LoyceV) but in a different format. I also added avatars.

You can see it in my personal domain:

https://bitcoindata.science/wall-observer-merit-race.html


To see your hat in the animation, the hat needs to be a .png file (because I generated all hats image addresses using an algorithm username.png, cause 90% of avatars are png files)

[Hueristic]

back to earth?  ~> $3500 reeeeee\\\\\\

Once more for the people in the back...bitcoin cannot sustain prices greater than $10k. It's nothing more than a fantasy. Proven by science and maths.

Nice, the bulls are showing up!

[xhomerx10]

Vegeta is a strong f***er

[UmerIdrees]

Okay fellas, didn't wanted to share this in the inter web but I am drunk irl for the first time in my life (Sorry LFC )and emotions kicking in.. so sharing with you guys some good news.

Somehow i feel that i am youngest fella in WO and i kinda admire some of you, to name a few love birds JJG, v8, Bob, Vap, Jo, Nutella. so letting you fuckers know that i am going to become daddy soon. Me and my partner didn't drop this nuclear bomb to our families for obvious reason, regulars might know why? but sharing here anyways because...... ...mhmm.

So you did not follow the Social distancing during the covid 19 quarantine 

I am just come to know about this great news and i am really happy for you brother. 

[virasog]

back to earth?   ~> $3500 reeeeee\\\\\\

Once more for the people in the back...bitcoin cannot sustain prices greater than $10k. It's nothing more than a fantasy. Proven by science and maths.

Nice, the bulls are showing up!

We never know what's the bitcoin next move  

The Big Boss is unpredictable !!

[600watt]

Okay fellas, didn't wanted to share this in the inter web but I am drunk irl for the first time in my life (Sorry LFC )and emotions kicking in.. so sharing with you guys some good news.

Somehow i feel that i am youngest fella in WO and i kinda admire some of you, to name a few love birds JJG, v8, Bob, Vap, Jo, Nutella. so letting you fuckers know that i am going to become daddy soon. Me and my partner didn't drop this nuclear bomb to our families for obvious reason, regulars might know why? but sharing here anyways because...... ...mhmm.

So you did not follow the Social distancing during the covid 19 quarantine 

I am just come to know about this great news and i am really happy for you brother. 

wow, also missed that completely.   congrats jsraw, becoming & being a dad is the best journey to take!  well done!

[nullius]

the laggards are chasing profits that don’t exist now.

A perverse kind of FOMO?

Anyhow, I remain quite biased in my preference for UP rather than DOWN... because even if I might be able to stack a few sats on the way down, it continues to be minuscule amounts of stacking as compared with how much of a benefit comes from purely straight UP.

I think that the bigger question is whether Bitcoin is really prepared for a black swan.  When fiat currencies and all of the other markets crash and burn, will people tend more to seek Bitcoin as a safehaven, or run away?  (To where!?  I don’t think that any traditional investments other than precious metals, and illiquid assets such as real estate, can hold value in such a scenario.)

In April or thereabouts, I conjectured on WO that we may see extreme Bitcoin “prices” without gain in purchase power—not because of Bitcoin gaining, but the dollar (et al.) hemorrhaging value.  There is just no way that fiat currencies will not see extraordinary devaluation, given how much new currency has been created exactly at the moment of sharp decline in actual economic activity.  Official statistics on inflation are manipulated.  My “ground truth” is that I have seen sharp increases in the prices of elastic-demand goods within the past six months; but of course, whatever I see locally is a very limited view.  Has the recent $10–12k/BTC range simply reflected a decrease in the real-world purchase power of the dollar (as Bitcoin retained approximately the same value), or has it been caused by an increase in adoption, or has it been a speculative run?

(Skin in the game:  Yes, for my part, I am still “all in”—and consistently with the foregoing, I don’t see anywhere else to go.  When I am bearish on fiat currencies, and I expect the stock market, etc. to look like 1929–32 if not worse, and precious metals are susceptible to seizure by governments unless some way can be found to buy them anonymously, what can I do but HODL?)