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November 23, 2020, 10:31:26 PM *
News: Latest Bitcoin Core release: 0.20.1 [Torrent]
 
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Question: When ATH?
Nov. 2020 - 44 (35.5%)
Dec. 2020 - 43 (34.7%)
Jan. 2021 - 12 (9.7%)
Feb. 2021 - 5 (4%)
Mar. 2021 - 5 (4%)
After Mar. 2021 - 15 (12.1%)
Total Voters: 124

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 24376840 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (151 posts by 39 users deleted.)
BobLawblaw
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September 27, 2020, 04:37:40 PM
Merited by cAPSLOCK (1)

Happy Sunday, folks.
Fifty Thousand projected.
This time next year, yo.
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September 27, 2020, 04:39:09 PM

Sunday Bart Simpson
just means we're right where we were
this time yesterday
Paashaas
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September 27, 2020, 04:45:18 PM

The future is decentralision, not centralisation. BTC

'One day everyone will use China's digital currency'.

Quote
Chandler Guo was a pioneer in cryptocurrency, the digital currencies that can be created and used independently of national central banks and governments.

In 2014 he set up an operation to produce one of those currencies, Bitcoin, in a secret location in western China.

"Mining" Bitcoin is a power hungry enterprise involving dozens of computers so he used power from a hydroelectric station, in partnership with a local Chinese government official.

At its peak his machines were capable of mining 30% of the world's Bitcoin. He believed Bitcoin would one day change the world and replace the dollar.

But now he sees a new force emerging - a payment system created by the Chinese state and known as Digital Currency Electronic Payment (DCEP).

It's really a digital version of China's official currency, the yuan, and Mr Guo feels DCEP will become the dominant global currency. "One day everyone in the world will be using DCEP," he says.
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How much alt coin diversification is needed? 0%?


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September 27, 2020, 04:51:13 PM

-snip-

It's a bit frustrating to see that we've had practically the same lows for 3 years (2018-2020), but if we look at the 2014-2016 period we can see a very similar situation.

Let's hope the price moons after this.

Great point.

So many of us get a bit deceived and delusional, even though we should not by these relatively flat periods that seem damned long while we are going through them.

There have been long ass period of seeming correlation between bitcoin and traditional markets - and that seeming correlation comes during these kinds of long ass periods of what is bitcoin's relatively flat performance.

Of course, we are not guaranteed further bitcoin price appreciation spikes, yet like you suggested, we likely felt very similarly from 2014 to 2016..... seems like such a long period, while we are suffering through it (those of us who are suffering with our glass half full perspectives - not really claiming myself to be in that doom and gloom camp - even while I appreciate that there are no guarantees).
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September 27, 2020, 04:51:44 PM

Again, you are reading from the history books = bullshit  Smiley

Again, what are your sources?
Aliens
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September 27, 2020, 04:52:59 PM

The future is decentralision, not centralisation.

'One day everyone will use China's digital currency'.

Quote
Chandler Guo was a pioneer in cryptocurrency, the digital currencies that can be created and used independently of national central banks and governments.

In 2014 he set up an operation to produce one of those currencies, Bitcoin, in a secret location in western China.

"Mining" Bitcoin is a power hungry enterprise involving dozens of computers so he used power from a hydroelectric station, in partnership with a local Chinese government official.

At its peak his machines were capable of mining 30% of the world's Bitcoin. He believed Bitcoin would one day change the world and replace the dollar.

But now he sees a new force emerging - a payment system created by the Chinese state and known as Digital Currency Electronic Payment (DCEP).

It's really a digital version of China's official currency, the yuan, and Mr Guo feels DCEP will become the dominant global currency. "One day everyone in the world will be using DCEP," he says.

Just another loser having sold their bitcoins and holding alt coin bags.
Cryptotourist
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September 27, 2020, 04:59:33 PM

Come on guys, it's a well known fact - that we're all little Gods - when we let music in.

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

Was listening to a remix, but decided to post the original. Kiss
elrippos friend
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September 27, 2020, 05:06:38 PM

Again, you are reading from the history books = bullshit  Smiley

Again, what are your sources?

Books of engineers and PhD's who did the qualified research, that is why i am trying to tell you, that you should do your own reading  Roll Eyes Wink
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what is this "brake pedal" you speak of?


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September 27, 2020, 05:07:14 PM

Of course, we are not guaranteed further bitcoin price appreciation spikes, yet like you suggested, we likely felt very similarly from 2014 to 2016..... seems like such a long period, while we are suffering through it (those of us who are suffering with our glass half full perspectives - not really claiming myself to be in that doom and gloom camp - even while I appreciate that there are no guarantees).

tbh it feels like 2011 to 2014 to me. lots of bleh with random noise tossed in. then the terror. then the disbelief. then the joy.. well still waiting on joy kinda in this cycle although im happy enough where we are.
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We choose to go to the moon


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September 27, 2020, 05:10:13 PM

Again, you are reading from the history books = bullshit  Smiley

Again, what are your sources?

Books of engineers and PhD's who did the qualified research, that is why i am trying to tell you, that you should do your own reading  Roll Eyes Wink

Ah, so you saying it's well confirmed by math and science... ok.

So how old is Machu Picchu, then?
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what is this "brake pedal" you speak of?


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September 27, 2020, 05:10:30 PM
Last edit: September 27, 2020, 05:38:04 PM by vapourminer

Again, you are reading from the history books = bullshit  Smiley

Again, what are your sources?

Books of engineers and PhD's who did the qualified research, that is why i am trying to tell you, that you should do your own reading  Roll Eyes Wink

Aliens

im with this fellow
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September 27, 2020, 05:18:31 PM
Merited by vapourminer (1)

Good Christ you people
are so boring my haiku
doesn't even scan
properly.
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September 27, 2020, 06:04:45 PM

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September 27, 2020, 06:10:24 PM
Merited by Paashaas (1), BobLawblaw (1)

Last of the V8s
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Be a bank


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September 27, 2020, 06:12:46 PM

wut no Caucasus map ^^  Huh




https://twitter.com/cryptounfolded/status/1310225180405436420?s=20

Quote
Grayscale buys additional 17100 $BTC



this week. only this bybt.com source so far

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September 27, 2020, 06:17:47 PM
Last edit: September 27, 2020, 07:03:09 PM by Paashaas


Me to ore the people from the lost civilisation of Atlantis.

Come on guys, it's a well known fact - that we're all little Gods - when we let music in.

According to Sumarians the human species are one of the most powerfull beings of the universe, there was even a war about us back in those days (if you want to believe those stories.)

My late mom in law on her death 💀 bed pulled me and her daughter close to her and said to us “they lie”

we asked who is lying she then said “ the ones in charge”.

I always remember that moment back in dec 1994.

I could write ten thousand lies i have seen heard or read from governments news shows etc. since that day.

so here are some merits bro.

My near ''death experience'' littlerly changed my view about life, that's why i'm so interested in human history.

Indeed, they all lie.

In collaration with our soul is made from pure energy makes sence. Heaven, valhalla, spiritworld, samsara every civilisation interpreted it in their own way but it's basically all the same ore with normal words the 4th ore 5th dimension.

Nikola Tesla was right all the time.

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September 27, 2020, 06:34:49 PM
Last edit: September 27, 2020, 06:49:27 PM by JayJuanGee

Of course, we are not guaranteed further bitcoin price appreciation spikes, yet like you suggested, we likely felt very similarly from 2014 to 2016..... seems like such a long period, while we are suffering through it (those of us who are suffering with our glass half full perspectives - not really claiming myself to be in that doom and gloom camp - even while I appreciate that there are no guarantees).

tbh it feels like 2011 to 2014 to me. lots of bleh with random noise tossed in. then the terror. then the disbelief. then the joy.. well still waiting on joy kinda in this cycle although im happy enough where we are.

Your comparison is off the 4-year fractal pattern...

Because 2011 to 2012 (from my looking at the charts - not personal experience) were largely flat and bleh...

But 2013 was filled with the adventures of two blow off tops in one year, that largely made a pretty BIG ASS blow off top - so even though I did not get into bitcoin until at the end of the second blow off top, I could hardly imagine that any HODLers or otherwise active BTC participants would be feeling anything that resembles the level of bleh that currently seems to be in the air.

Another thing is that with the passage of time, holy fucking shit vapourminer, all of bitcoin's metrics continue to grow, in terms of looking at the various network effects that were not even close to current levels of maturity in 2011 to 2014 - referring to trace mayer's outline of network bitcoin effects.

In short: I am not buying your lil story about a supposed better comparable timeframe being such dissimilar period of 2011 to 2014 ----  Seems to me that either your dementia is kicking in, and/or batman has not slapped you hard enough in recent times... #nohomo

 Tongue Tongue

 Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy

wut no Caucasus map ^^  Huh




https://twitter.com/cryptounfolded/status/1310225180405436420?s=20

Quote
Grayscale buys additional 17100 $BTC



this week. only this bybt.com source so far

Speaking of "this week"- not that you were, exactly, but still.

This week's candle has a bit of an uphill battle to get above $10,922 - in order to close in the greenie.

We only have less than 5.5 hours to accomplish such price movement (which is nearly a $200 gain from our currently bouncing between $10,717 and $10,747 in the past hour-ish).

Go bitcoin go...

Is that the expression?
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September 27, 2020, 06:43:34 PM

If you want to see data behind the upcoming decoupling of BTC from the stock markets powered by BTC's internal adoption, here's some @glassnode data. This is the active users of BTC after filtering for unique players (ignores multi wallet addresses belong to one entity).

https://twitter.com/woonomic/status/1309837877363257344?s=21

I wish woonomic was right, but it might all be in the price already (Efficient price theory).
In addition, this certainly does not work for a competitor with all-time high activity and low price.
However, I grant you that if usage would go up as a hockey stick, price would follow, but the yellow graph does not resemble such "stick" yet.
btc is still asleep.
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September 27, 2020, 06:46:05 PM
Merited by Last of the V8s (1)

Good Christ you people
are so boring my haiku
doesn't even scan
properly.

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September 27, 2020, 06:54:18 PM
Last edit: September 27, 2020, 07:07:34 PM by jojo69

39°35'27.7"N 47°15'42.0"E



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