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

[True Myth]

I see we've entered the afterburner phase of pumping.  BTC pumps... traders take profit... pump alts... take profit... return their money to BTC.

ATH not far away now... any day now.

[JayJuanGee]

@JJG, Your plan does not include the "universe", just bitcoin/fiat duality.

I don't know, Biodom.  This thread is about bitcoin/usd.... so I do not really reasons to elaborate on other aspects.. especially if you are trying to hint that there might be some benefits in having shitcoins in your repertoire.  That both seems to be a topic of another thread, and also it seems way the fuck more complicated to include shitcoins in your investment plans because there are a lot of factors, including that almost every single one of them is longterm correlated to BTC, too.

Certainly, if we get into details of factors that I believe that every person should be accounting, I do mention factors that they could end up tailoring in such a way that could allow for some benefits of shitcoins, at least in a short time horizon... and who knows, depending on a persons age and investment timeline, there could be some potential benefits to limited shitcoin plays.... Remember the totality of factors are cashflow, other investments, view of bitcoin in comparison to other investments, timeline, risk tolerance, and time, skills and abilities to plan, learn, strategize, reallocate and perhaps trade and tweak plans from time to time based on learnings along the way.

IMHO, a more holistic approach-like the one @Wekkel was hinting at is needed.

I doubt that incorporating shitcoins in your plan is any kind of necessity or more wholistic approach, even if it might be somewhat suitable for some peeps depending on their calculations of their personal circumstances as I outlined above.  Furthermore, it seems to devolve into off topicness, anyhow to get into any of those kinds of details especially if we try to identify potential positive aspects that might exist and be measurable (or willing to speculate.. blah blah blah) in some rare shitcoins.

Albeit, thou does "protest too much" sometimes.

"thou" = yours truly?

I am quite glad that we attempt to avoid or minimize talking about shitcoins in this thread.. or just to bash them from time to time... and sure there seem to be some members who want to go down that seemingly slippery slope... and some members have semi-boners for shitcoin discussions that they want to bring to this great thread and to fuck up this thread like a lot of other threads that tolerate that bullshit slippery slope nonsense that is hard to stop once any of it is allowed..

So protest.. seems a good thing.. to shut the shitcoin talk the fuck up.  Stomp it out as soon as it starts to show any kind of possible beginnings...

Something like this:

This weekend, for some reason, retail is going for "crypto" with gusto, forgetting about bitcoin for a day.

Why should we care  in this here thread?  Does it relate to bitcoin somehow?

Institutions would probably "correct' this on Monday, but for now something strange is happening.

Maybe you should go find some ANN thread and discuss these "strange" thingie-ma-jiggies that seem to excite you so muchie?

[True Myth]

I remember watching the 3,000 BTC sell wall at $10k get eaten alive in a matter of minutes on GDAX years ago.  Looks like a 1,000 BTC sell wall at $19k now.  Likely an appetizer before the main course.

[Paashaas]

Situation getting out of control in the U.S and winter hasn’t even started yet.

Stay save.

[Wekkel]

"Old hands have been selling into this rally since the start of Nov (BTC @$13k)."

https://i.imgur.com/0KUs0hy.jpg
https://twitter.com/woonomic/status/1330114996806803457

Willy Woo hedging for a BTCUSD correction?

[Indymoney]

Situation getting out of control in the U.S and winter hasn’t even started yet.

Stay save.

This is going to hurt very badly even Vaccine is ready but before coming in market we are going to lost some good number of peoples with this all many countries in some serious trouble and have nothing to do.

[JayJuanGee]

And there is a new AYH just about 1000Dollores under the ATH.

As I type this post, I calculate the difference to be $689... since we had an ATH of $19,666 and we had a AYH from yesterday (about 17 hours ago) of $18,977.

[Biodom]

Institutions would probably "correct' this on Monday, but for now something strange is happening.

Maybe you should go find some ANN thread and discuss these "strange" thingie-ma-jiggies that seem to excite you so muchie?

You are coming off like a nincompoop, sorry, have fun once a while.
Or, maybe, you should spend a bit more time "outside".
Of course, "other" things happening in the universe are related to bitcoin.
You yourself frequently post about the "other" shitcoin-fiat, which is not relevant to me, but I don't object.
This board has lots of irrelevant info, most endearing type, I agree, but btc/shitcoin ratio is more important than that.

[ProfTP]

I feel like such a fag right now.

Bought $500 worth of corn on Paypal, for, reasons (?) and it's now worth $503 or something.

Winning ?

EDIT: OK. Bought another $500 worth of corn on Gemini to cleanse my spirit, and balance the karmic scales.

dont you have a Boyfriend and do faggy stuff with him?

[ProfTP]

And there is a new AYH just about 1000Dollores under the ATH.

As I type this post, I calculate the difference to be $689... since we had an ATH of $19,666 and we had a AYH from yesterday (about 17 hours ago) of $18,977.

is Bitstamp the official WallObserver exchange for prices?

on Bitfinex or Coinbase ATH was $19891.

[JayJuanGee]

Institutions would probably "correct' this on Monday, but for now something strange is happening.

Maybe you should go find some ANN thread and discuss these "strange" thingie-ma-jiggies that seem to excite you so muchie?

You are coming off like a nincompoop, sorry, have fun once a while.

You are coming off as a troll shill....

Who fucking cares about having fun with some shitcoins?

Let's discuss shitcoins for fun.. They are more interesting than bitcoin.. blah blah blah.

Or, maybe, you should spend a bit more time "outside".

You know my schedule?

Of course, "other" things happening in the universe are related to bitcoin.

Yes... that's why I suggested that you go to the ANN thread...

See ya!!!!

You yourself frequently post about the "other" shitcoin-fiat, which is not relevant to me, but I don't object.

Last time I checked this was a BTC/USD thread.. and if my mentioning of USD is what you are talking about, then it seems to be on topic...

I doubt that I am worshiping USD... but it does happen to be both what the thread is about and also sometimes we do need to discuss some of these kinds of real world peggings in order to attempt to put matters into context, including that a lot of people have their real life expenses that are measured in fiat.. whether USD or some other fiat....

I surely am not an advocate of over allocating in fiat, but surely there is some needs for balancing fiat for obvious reasons, and surely there are some rare folks who try to completely live outside of fiat... so surely I have some personal tensions in my thinking as compared to theirs..   yet, I would not knock it, necessarily, if some people are figuring out ways to completely live off of BTC... even if that might end up devolving into the topic of another thread, too.. perhaps?
 

This board has lots of irrelevant info, most endearing type, I agree, but btc/shitcoin ratio is more important than that.

Oh gawd.... you have been ongoingly wanting to slippery slope into shitcointalk.... didn't you notice bugs bunny or you want more of that?   

 

[JayJuanGee]

And there is a new AYH just about 1000Dollores under the ATH.

As I type this post, I calculate the difference to be $689... since we had an ATH of $19,666 and we had a AYH from yesterday (about 17 hours ago) of $18,977.

is Bitstamp the official WallObserver exchange for prices?

on Bitfinex or Coinbase ATH was $19891.

Yes... we use bitstamp here for those kinds of general price discussions including ATH type issues, but if you have some point that you want to make about some other activities on other exchanges that includes price, then of course you can discuss those issues too.. and in that regard it would be good to mention which exchange(s) you are talking about..   

Sometimes, of course, we will discuss exchange arbitrage type issues too, in order to figure out some of those dynamics, sometimes - which exchange arbitrage seems to be a bit less of an issue than it was in 2014, 2015, 2016, and even 2017 at least with the BIGGER ones.. but who knows about if those matters might rear their ugly heads again, , these days as compared to historically in which sometimes there would be 10% price differentiations between exchanges, and sometimes we discuss those kinds of difference of price matters too to the extent that it might be relevant to some point that is in discussion or that someone might want to bring up.... and of course, if you are making those kinds of comparisons, then mentioning which exchange(s) is/are at issue would help, too.

[BobLawblaw]

dont you have a Boyfriend Husband and do faggy gay stuff with him?

FTFY.

... and, yes.

[Toxic2040]

I dunno...$18k-$19k seems to be a top retail price for most. Seems most dont want to buy at higher prices.  Just institutions sucking up all the mining supply.
Anyway..best guess on a possible correction pattern.

#dyor

D

#stronghands

[d_eddie]

Until a couple of days ago, I was expecting some kind of swing action between 14.5k and 16k, possibly until the end of the year. Now I see similar patterns on the hourly, the 4 hour and the daily: higher highs, lower lows. Nothing exact, of course, because she follows her own rules anyway. So it's strictly SOMA, but this could be the bull run we've been waiting for a while. I don't mean the ultimate bull run (will there ever be one? I suspect and hope not), but something echoing 2017-2018, with unexpected* highs in late December/early January, and a sensible correction soon after that. We'll know soon enough I guess: as soon as the past ATH is broken, it's going to be FOMO all the way.


* speaking from a normie POV

[ProfTP]

And there is a new AYH just about 1000Dollores under the ATH.

As I type this post, I calculate the difference to be $689... since we had an ATH of $19,666 and we had a AYH from yesterday (about 17 hours ago) of $18,977.

is Bitstamp the official WallObserver exchange for prices?

on Bitfinex or Coinbase ATH was $19891.

Yes... we use bitstamp here for those kinds of general price discussions including ATH type issues, but if you have some point that you want to make about some other activities on other exchanges that includes price, then of course you can discuss those issues too.. and in that regard it would be good to mention which exchange(s) you are talking about..   

Sometimes, of course, we will discuss exchange arbitrage type issues too, in order to figure out some of those dynamics, sometimes - which exchange arbitrage seems to be a bit less of an issue than it was in 2014, 2015, 2016, and even 2017 at least with the BIGGER ones.. but who knows about if those matters might rear their ugly heads again, , these days as compared to historically in which sometimes there would be 10% price differentiations between exchanges, and sometimes we discuss those kinds of difference of price matters too to the extent that it might be relevant to some point that is in discussion or that someone might want to bring up.... and of course, if you are making those kinds of comparisons, then mentioning which exchange(s) is/are at issue would help, too.

an explationary post by JayJuanGee gives all the information you need. Maybe a grain to much to compute.

[Biodom]

Last time I checked this was a BTC/USD thread..

Please remind yourself of that next time you post some bs "pictures" indicating nothing, but I digress.
You see, you are prone to some 'funzies' after all.

BTC/USD is affected by other things in the market, don't you think?
Besides, this thread was "political" for two weeks. Where were your strong objections then?
I dare to say that you probably lost your bag on some shitcoin, hence being so bitter about it.

[Cryptotourist]

d_eddie, that 15000 hat of yours, is so out of style.

15k stable
end of year brings ATH
time to change my hat

#haiku

[explorer]

   Still tracking that channel for 7 weeks or so.  I don't see why it can't run a few more days to deliver an ATH.

[philipma1957]

Last time I checked this was a BTC/USD thread..

Please remind yourself of that next time you post some bs "pictures" indicating nothing, but I digress.
You see, you are prone to some 'funzies' after all.

BTC/USD is affected by other things in the market, don't you think?
Besides, this thread was "political" for two weeks. Where were your strong objections then?
I dare to say that you probably lost your bag on some shitcoin, hence being so bitter about it.

Meanwhile as I predicted the eth to btc % has become closer to 4% .

BTC is simply not in a vacuum no more complex than that.

So if you mine both btc and eth as I do watching the ratio between them is a necessity.

my observation is :

1200/20000 in 2017 was 6%
510/18000 is 2.83333 %

the average of Them is 4.4166 %


so does btc drop to get closer to 4.166%
or does eth go up to get closer to 4.166

well
both went up

540/18266 = 2.899%

I do not chart.
I do ratios.
I make guesses from many different ratios.

no more complex than that.

I say the 2.899% number is too low and should approach 4.166%

so does eth go up
does btc go down

do both go up but eth faster.

do both go down but eth slower.

all of the above does not mean I give a shit about eth or hodl eth or recommend eth.

but (cost of energy per watt to get btc is the key.)

and my methods determine what to mine to get btc

and it is no more complex than this:

Mining eth and convert to btc  is less costly per watt than directly mining btc.

And my opinion is that this will continue onwards for at least 40 days.

Note the bold type this is the entire purpose of mining btc in the first place to convert energy into btc.

not my idea at all.

https://en.wikipedia.org/wiki/Satoshi_Nakamoto

Satoshi came up with it.


So if I use eth as a tool to analyze and acquire btc using less energy  well then more power to me. ( a cheap pun)