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

[El duderino_]

Would someone who is sufficiently retarded to use Twitter please go necro-bump this thread, or however it works there?

It seems that this thread hasn’t gotten any love since the start of the bear market in January of 2018.

N.b. that if he had held, he would have reached 1,000,000x gains at $60,000.  (100,000,000% ROI at $60,000.06.)  But the bubble has burst, and now he would be down to about 909,000x gains.  Bitcoin is dead, etc., etc.

https://twitter.com/GregSchoen/status/70261648811761665

https://twitter.com/GregSchoen/status/1036345830599479296?s=20

[somac.]

Interesting analysis over on Willy Woos twitter regarding the supposed 19k bitcoin transfer to Gemini.

https://twitter.com/woonomic

Apparently CryptoQuant sent out a tweet saying that a large inflow to Gemini had just occured, and it means that a whale is about to dump. Minutes later the market dumped. However, there was no evidence to say that this was a whale about to dump and due to the liquidity of the exchange it would make zero sense for a whale to do so. But that didn't stop CryptoQuant from effectively manipulating the market. Pretty unprofessional. The coins are no suspected of belonging to BlockFi.

Anyway, more cheap coins for the true beleivers so all good.

[_javi_]

Interesting analysis over on Willy Woos twitter regarding the supposed 19k bitcoin transfer to Gemini.

https://twitter.com/woonomic

Apparently CryptoQuant sent out a tweet saying that a large inflow to Gemini had just occured, and it means that a whale is about to dump. Minutes later the market dumped. However, there was no evidence to say that this was a whale about to dump and due to the liquidity of the exchange it would make zero sense for a whale to do so. But that didn't stop CryptoQuant from effectively manipulating the market. Pretty unprofessional. The coins are no suspected of belonging to BlockFi.

Anyway, more cheap coins for the true beleivers so all good.

The fact that we dumped 8k on rumors/fear of a dump and now its taking so long to recover some of the losses, makes me nervous.

[somac.]

Interesting analysis over on Willy Woos twitter regarding the supposed 19k bitcoin transfer to Gemini.

https://twitter.com/woonomic

Apparently CryptoQuant sent out a tweet saying that a large inflow to Gemini had just occured, and it means that a whale is about to dump. Minutes later the market dumped. However, there was no evidence to say that this was a whale about to dump and due to the liquidity of the exchange it would make zero sense for a whale to do so. But that didn't stop CryptoQuant from effectively manipulating the market. Pretty unprofessional. The coins are no suspected of belonging to BlockFi.

Anyway, more cheap coins for the true beleivers so all good.

The fact that we dumped 8k on rumors/fear of a dump and now its taking so long to recover some of the losses, makes me nervous.

The market is not mature yet, we are still 90% a retail market and retail are generally dumb as dogshit and make shitty emotional decisions. This is also a market that allows these idiots to trade with 100x levearge, that magnifies things. Nothing to worry about, the strong hands will prevail.

Also the India FUD didn't help either.

[degxtra1]

Well, shit is starting to get real on Rancho Lawblaw. Closing on three parcels Friday. ~140 acres total. ~1.3 mile clear shot from one road on the west side of the property, to a main road on east side of the property.

Whee.

Thank you, Satoshi. Wherever you are.

Bob, it;s getting real here too. Best.

#metoo   

[ivomm]

Interesting analysis over on Willy Woos twitter regarding the supposed 19k bitcoin transfer to Gemini.

https://twitter.com/woonomic

Apparently CryptoQuant sent out a tweet saying that a large inflow to Gemini had just occured, and it means that a whale is about to dump. Minutes later the market dumped. However, there was no evidence to say that this was a whale about to dump and due to the liquidity of the exchange it would make zero sense for a whale to do so. But that didn't stop CryptoQuant from effectively manipulating the market. Pretty unprofessional. The coins are no suspected of belonging to BlockFi.

Anyway, more cheap coins for the true beleivers so all good.

Not only that, but CQ did this at least twice - now and before the previous dump. May be this is the new FUDster trying to manipulate the market with his charts and tweets? Or advertising his website? Let's hope the 3rd time nobody will fall for such FUD. I wouldn't pay for such BS and don't trust both CQ and Glassnode. Anyway, only weak hands can dump because of such FUD, which is good. In a bull market 20-30% corrections are recovered in 1-2 weeks, 10% in several days. The window of cheap coins below 60K is going to close anytime soon. Let's see now how the stimulus checks will impact the market. It is funny that my wild guess of 10% going to buy bitcoins is confirmed by a survey claiming that 10% will go mostly to Bitcoin and less to stocks:

[brokedummy]

I got filled on some 62k calls for Friday. If we can get close to there by Friday maybe I'll come out of this ok. #soldputsatthetop

[somac.]

Interesting analysis over on Willy Woos twitter regarding the supposed 19k bitcoin transfer to Gemini.

https://twitter.com/woonomic

Apparently CryptoQuant sent out a tweet saying that a large inflow to Gemini had just occured, and it means that a whale is about to dump. Minutes later the market dumped. However, there was no evidence to say that this was a whale about to dump and due to the liquidity of the exchange it would make zero sense for a whale to do so. But that didn't stop CryptoQuant from effectively manipulating the market. Pretty unprofessional. The coins are no suspected of belonging to BlockFi.

Anyway, more cheap coins for the true beleivers so all good.

Not only that, but CQ did this at least twice - now and before the previous dump. May be this is the new FUDster trying to manipulate the market with his charts and tweets? Or advertising his website? Let's hope the 3rd time nobody will fall for such FUD. I wouldn't pay for such BS and don't trust both CQ and Glassnode. Anyway, only weak hands can dump because of such FUD, which is good. In a bull market 20-30% corrections are recovered in 1-2 weeks, 10% in several days. The window of cheap coins below 60K is going to close anytime soon. Let's see now how the stimulus checks will impact the market. It is funny that my wild guess of 10% going to buy bitcoins is confirmed by a survey claiming that 10% will go mostly to Bitcoin and less to stocks:

CQ has been a bit sus to me for a little while. All the f2pool dumping FUD was coming from them as well, the numbers just didn't add up. To be fair to Glassnode they are indeed trying to do things right, and this little episode has shown that they were.

Yeah, all a moot point in the end the stimulus money will flow and soon enough we'll be over 70k.

[Gyrsur]

Daily candle switched to GREEN. sometimes

[Richy_T]

Those can/bottle holders...

Intriguing!

Many US beers must be kept at cold temperatures to suppress the flavor. Fortunately the situation is improving.

[Richy_T]

If there's one way in which Twitter shouldn't be used, that is it!

No, that would be "at all".

[BitcoinBunny]

Those can/bottle holders...

Intriguing!

Many US beers must be kept at cold temperatures to suppress the flavor. Fortunately the situation is improving.

What flavour is that? Metallic piss?

[Richy_T]

Having said that, I also regret not buying Bitcoin at $0.06, and not mining it in the early days. I guess I did not know about it enough at that time, to realise its potential. Funny thing is, I hated the word "Bitcoin" when I first heard it, but now I find it one of the most beautiful-sounding words in any language!

Yes. I saw it crop up occasionally on sites like Slashdot and just assumed it was yet another online "virtual currency" like several others that had been attempted. (thinking about it, possibly yet another way that "working for a living" may have cost me more than I earned). As soon as I actually looked into what it was, I was fortunately in a position to understand its implications and from there, it was a mad scramble, culminating in a fairly risky transaction which fortunately paid off since actually buying Bitcoin was tricky and mining was already starting to become only for the dedicated.

[Richy_T]

Careful now.

Yes, it's been covered, it's roughly a barrel of land.

How many hogsheads is that?

What flavour is that? Metallic piss?

Correct.

[bitebits]

https://blog.bitmex.com/the-blocksize-war/

Book Published: The Blocksize War
BitMEX Research 15 Mar 2021

We are delighted to announce the publication of a new book by BitMEX Research. The book covers the major twists and turns of Bitcoin’s blocksize war, which raged on inside the Bitcoin space for over two years, from mid 2015 to late 2017. The book is available on Amazon now.

[...]

The book will also be published on the BitMEX Research blog. Each of the 21 chapters will be made available weekly, every Monday, at around 9:00am UTC. Starting on 22 March 2021.

[Dabs]

To the pi thing.. accountants use 2 digits, because that's all they know. Like, for fiat currencies.

[hv_]

https://blog.bitmex.com/the-blocksize-war/

Book Published: The Blocksize War
BitMEX Research 15 Mar 2021

We are delighted to announce the publication of a new book by BitMEX Research. The book covers the major twists and turns of Bitcoin’s blocksize war, which raged on inside the Bitcoin space for over two years, from mid 2015 to late 2017. The book is available on Amazon now.

[...]

The book will also be published on the BitMEX Research blog. Each of the 21 chapters will be made available weekly, every Monday, at around 9:00am UTC. Starting on 22 March 2021.

.. has never really ended - still ongoing

[AlcoHoDL]

To the pi thing.. accountants use 2 digits, because that's all they know. Like, for fiat currencies.

The fact that the 3rd fractional digit of Pi is close to zero (3.14159...) makes the approximation Pi = 3.14 pretty accurate for simple calculations.

BTW, you can write the exact numerical value of Pi with just 2 digits: Pi = 10_Pi.  

[nullius]

https://blog.bitmex.com/the-blocksize-war/

Book Published: The Blocksize War
BitMEX Research 15 Mar 2021

We are delighted to announce the publication of a new book by BitMEX Research. The book covers the major twists and turns of Bitcoin’s blocksize war, which raged on inside the Bitcoin space for over two years, from mid 2015 to late 2017. The book is available on Amazon now.

[...]

The book will also be published on the BitMEX Research blog. Each of the 21 chapters will be made available weekly, every Monday, at around 9:00am UTC. Starting on 22 March 2021.

.. has never really ended - still ongoing

[bitbollo]