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

[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)

[serveria.com]

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

I doubt it $13k is going to happen anytime soon (ever?). And also according to your graph we're going to recover in around February-March 2021? Also straight line to the moon looks improbable. IMHO we're going to ~$50-70k top then down to $25-30k and then to the moon November-December 2021. 

[serveria.com]

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 POW

Well I could buy this one... if we'll break ATH FOMO is inevitable... 

[Toxic2040]

I doubt it $13k is going to happen anytime soon (ever?). And also according to your graph we're going to recover in around February-March 2021? Also straight line to the moon looks improbable. IMHO we're going to ~$50-70k top then down to $25-30k and then to the moon November-December 2021. 

a good as prediction as any i think    these are just 1 sigma soma doodles on a chart to give peoples something to stare at as we await carolina

i dun know nothin

[serveria.com]

I doubt it $13k is going to happen anytime soon (ever?). And also according to your graph we're going to recover in around February-March 2021? Also straight line to the moon looks improbable. IMHO we're going to ~$50-70k top then down to $25-30k and then to the moon November-December 2021. 

a good as prediction as any i think    these are just 1 sigma soma doodles on a chart to give peoples something to stare at as we await carolina

i dun know nothin

A good point by El Dude earlier today - what would a noob (just bought $500 worth BTC on Paypal) think upon seeing $13k in a graph on what he considers to be a trustworthy BTC guru forum? F*CKING SELL! RIGHT NOW! 

[itod]

I doubt it $13k is going to happen anytime soon (ever?). And also according to your graph we're going to recover in around February-March 2021? Also straight line to the moon looks improbable. IMHO we're going to ~$50-70k top then down to $25-30k and then to the moon November-December 2021. 

a good as prediction as any i think    these are just 1 sigma soma doodles on a chart to give peoples something to stare at as we await carolina

i dun know nothin

A good point by El Dude earlier today - what would a noob (just bought $500 worth BTC on Paypal) think upon seeing $13k in a graph on what he considers to be a trustworthy BTC guru forum? F*CKING SELL! RIGHT NOW! 

This looks true to me. Hands that buy through PayPal are week, they'll panic out and sell on the first dip. PayPal is good for bringing hype around BTC and nothing else, serious fresh money has to come from investment funds.

[_javi_]

I just destroyed over 1,000 bitcoin days myself, but I didn’t sell any..

Me too.. I moved 18500usd paying a 10cent fee

[Toxic2040]

A good point by El Dude earlier today - what would a noob (just bought $500 worth BTC on Paypal) think upon seeing $13k in a graph on what he considers to be a trustworthy BTC guru forum? F*CKING SELL! RIGHT NOW! 

This looks true to me. Hands that buy through PayPal are week, they'll panic out and sell on the first dip. PayPal is good for bringing hype around BTC and nothing else, serious fresh money has to come from investment funds.

Do you think pp buyers are hunting thru interweb forums for signals? And they are daytarding? Hmmm...hadnt thought about that possibility actually. I think I have been pretty clear about doing ones own research. Probably better safe than sorry however.

Appreciate the feedback.

[Cryptotourist]

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

Why do you insist on using US dollars?
If your goal is to acquire more BTC, then you should really use the BTC pairs.

In 2017, ETH/BTC pair was @0.152 BTC per ETH on June the 8th, or $404.99 at the time.
If you sold your ETH for BTC then, that would have been great.
On 11th of January 2018, ETH hit $1594.89 ATH, but at the same time its value in BTC was ~ 0.1
Now if you had sold 1 ETH on the 8th of June, kept the BTC for a few months, and sold it @19666, what would have been the outcome? ~$2400 for that single ETH?

This is a perfect timing example of course, but it is what it is.

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

Currently ETH is still in a downtrend, so you must mean, after 40 days.

Satoshi came up with it.

Well he didn't know about ETH at the time, did he?


Finally philip, I do appreciate some insights you provide, but turning WO into "mine ETH for BTC - Oh" is just not right.
Not to mention that I find your ratios totally misleading. Better off mining BTC, any day of the year, shit excluded.

F*CKING SELL! RIGHT NOW! 

Good.
That noob should never had bought BTC, in the first place. Oh wait, he didn't.