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

[BitcoinBunny]

What a boring time. Bitcoin seems to be making moves but only in the wrong direction.. waiting for it to recover seems like a damn eternity!

TSLA is releasing their financial results.
They didn't Hodl, and sold some of their bitcoin stash:

Is there any chance he's purchased Doge temporarily instead, moving from BTC onto it in order to multiply his coins? He already knew very well how much influence one tweet of his could have over an alt.

Boring? Back up 8% in a day.
To put that in perspective. If that happened every day we'd be at a new ATH within 3 days and 100K in just over a week.

[danadc]

I was disappointed by Tesla, finally its traditional financial advisers are still betting on the failed FIAT-based economy.


Source:https://twitter.com/AlbyEarley/status/1386786504509427722

[BitcoinBunny]

TSLA is releasing their financial results.
They didn't Hodl, and sold some of their bitcoin stash:

Tesla Bought 1.5 B in Bitcoins


Nothing too worrisome. If I had bought 1.5BLN in BTC, I would like to check the trade is working also on the other way round!

Sure I would check that too and sell 1 Bitcoin to see if it works in reverse, but then keep the other 33,332 safe in my control.

[vapourminer]

Spotted a llama what does it means ?

obviously advertising for the WO

i hear some llama is spreading word that some gentlemen here on the WO who bought lake ontario and are building a citadel out of texas are trying to figure out if its better to move the lake to texas, move texas to the lake, or build a canal between the two with cruise boats going back and forth.

fear the llama logo

[HI-TEC99]

TSLA is releasing their financial results.
They didn't Hodl, and sold some of their bitcoin stash:

Tesla Bought 1.5 B in Bitcoins


Nothing too worrisome. If I had bought 1.5BLN in BTC, I would like to check the trade is working also on the other way round!

Where did they sell? On an exchange, or somewhere else?

[BitcoinBunny]

People have to remember Bitcoin is bigger than Musk, Saylor and McAfee.

All these guys will come and go whenever it suits them and do what's best for them and say things that sound wonderful during that time.
In the end they just move on to whatever is next in their lives or in the case of McAfee go to jail.

Perhaps Saylor will keep it up and will remain a Bitcoin advocate, but I'm not sure. He seemed to get into the game very late. I thought it was late when I bought my stash.
(That's not to say no one can enter then, now or tomorrow but someone that spouts that type of economic logic it just seems a little like: well why didn't you see that a bit sooner, no?)
I think he sounds overly involved at the moment to the point he might be burned out by the next bear market and perhaps lose interest if many outlets will probably ask him "what now?"

Hopefully he will keep his coins though like he said he would.

McAfee was always a mental unstable type of person with many problems he created for himself.

Musk has far too many interests to only stick with crypto, by the next bear market you will not see him tweet ever about crypto. Also, many of his interests go beyond just making money. Which is fair enough.

[LFC_Bitcoin]

@WClementeIII

Every major indicator has been reset. All the weak hands have been shaken out. All the leverage has been flushed out.

This next #bitcoin  leg up will melt faces.

https://twitter.com/wclementeiii/status/1386804053288628225?s=21

[marcus_of_augustus]

... indeed, case closed, you're socialist, entirely possible you are also retarded by insufficient brain nutrition.

[marcus_of_augustus]

btw,
1) humans are omnivores
2) males have penises
3) females have vaginas
4) the sun warms the earth

science is not complicated unless you're retarded to begin with

[philipma1957]

btw,
1) humans are ominvores
2) males have penises
3) females have vaginas
4) the sun warms the earth

science is not complicated unless you're retarded to begin with

5) some people are hermaphrodites

So it is just a bit more complex than you may think.

But I agree 1 to 4 are correct.

As to the true % of hermaphrodites I have not been able to get a good number that I feel safe to state.

[Sayeds56]

So, who sold at the bottom girls?   Hint: totally retarded, brain-dead, veggie IQ beartards!  

Dude, what about veggie bulltards with memory loss, then?
Hint: I hodl  

Sold a little portion above $50k, which was planned to be sold around $40, while a bit of it got sold in the $60k area already.
My carpenters only want fiat, that's why.

Green candle formation on weekly chart is very positive. If Bitcoin break 56,200 then it should make  new ATH.

I agree that longer time frames, such as the weekly tend to be important to consider what might be going on in terms of BTC price dynamics, but at this point, the weekly has a decent amount of mixed candles.,. there seems to NOT exactly be any kind of meaningful streak going on currently in the weekly candles or anything that is especially notable about the weekly candles (beyond a kind of appearance of consolidation), at this point in time... not that I can see.. but what the fuck do I know?

The monthly, on the other hand, does seem to have a potentially meaningful streak going on.

More specifically, we have a quite unusual situation to have 6 monthly green candles in a row, and at the same time, the current candle (which would be the 7th) is currently red.  Accordingly, the opening price for this monthly candle is at $58,789.96, which means that within about 4.5 days (from the time of this post), that monthly candle is going to close, and it will be green if it is above the opening price and it will be red if it is below thew opening price.  Surely, such candle is currently within reach and also we do have a bit of a momentum that is going in such UPpity direction, currently.. but who can really say, beyond watching and appreciating that the next 4.5 days are "critical.^tm"

You are absolutely right that Monthly candles are also important to predict Price of Bitcoin but i think as long as BTC price is above 21 Weekly Moving average, it is Bullish. We all know that TA is not perfect science and it is science of probability but this is the only Tool that helps us to make trading decision.

Oh my, Sayeds56, your response sounds even worse than it did when I responded to the original post, and surely you are going beyond my response.

In any event to address your further point, it seems quite ridiculous that suggest that the ONLY tool is the 21 week moving average to attempt to gauge if we are in a bearish or bullish posture.

Besides a lot of technical indicators having limited applicability, we have BTC price prediction models that likely tell us, way the fuck better, whether BTC happens to be in a bullish or bearish posture, and those include the following (but not limited to, for sure):  1) stock to flow, 2) four-year fractal, 3) exponential s-curve adoption based on Metcalfe principles and network effects.

If they wanted to create real FUD they would just have to get Craig Wright or whoever to say whilst surrounded by gorgeous women:
"Bitcoin is fantastic, it works really well but it can unfortunately never be used to pay for a whore is that right ladies?"
And they all nod and we watch the price nosedive.

The level and direction of your "imagination" is surely diabolical to the core.   You must further your efforts to offer such consultation services whether free or some level of personal gainenings to those "in need." #nohomo    

The only consultancy / advice needed is: HODL.

There is a diabolical rabbit clothing brand so my "diabolical" imagination probably comes natural to bunnies.

Yes, a cutie for sure.. but what about other techniques such as DCA, buying on dips and lump sum capital injections?  

Even though we might be deviating from the topic of my original response, seems that besides HODL there might be other tactics that could be employed and or consulted, too (am I not called koreck?).  I would not want to presume that there is already a sufficient and/adequate accumulation of the corn, and other tactics may well be currently slipping from my data base(whoops) thinkenings.

@JayJuanGee, sorry Sir, I didn't explain my response well that is why it was totally mis understood. When I said Technical Tool, I meant all Indicators including 21 weekly Moving average which is one of more than 200 Technical Indicators. By the way I trust MACD and Moving average indicators more than others because they always helped me to generate profit through my trading activities..

[marcus_of_augustus]

btw,
1) humans are ominvores
2) males have penises
3) females have vaginas
4) the sun warms the earth

science is not complicated unless you're retarded to begin with

5) some people are hermaphrodites

So it is just a bit more complex than you may think.

But I agree 1 to 4 are correct.

As to the true % of hermaphrodites I have not been able to get a good number that I feel safe to state.

... it's true, hermaphrodites can have combinations of sexual organs, in varying degrees no less, but they are neither female or male .... but I was trying to keep it simple for people who are mentally-challenged to begin with 

[Elwar]

Henry Ford proposed an "energy currency" as the foundation for the world's financial system in 1921. A century later, we have #Bitcoin
https://twitter.com/DocumentingBTC/status/1386406362209345540?s=20

I have been looking into the feasibility of such a thing a lot lately. I believe Saylor has looked into it in depth as well as I noticed that he mentioned some of the numbers on energy loss on transferring over distances.

I believe it would require superconductor technology close to room temperature for it to be feasible but I think the implications of such a thing would be awesome.

Imagine having a thumb drive with 10kWh on it that you could transfer 1kWh to someone in a few seconds. Something that you can take home and plug into your house and have a night's worth of energy or get paid for 2 weeks of work and it gets transferred to your car which you can plug into your home and top up your hot wallet as needed.

This would encourage advances in energy storage and creation. The world would be abundant in energy such that we could have a lot of very advanced technology, translating very well into moving into space. Even such that people mine space for energy with more efficient generation closer to the sun while transferring energy back to Earth.

The only thing standing between us and that type of currency is technology. Technology that advances yearly at an exponential pace the closer we get to it.


As for the whole meat thing...I suspect that the media is working in overdrive as they support the NWO plan on getting us all to eat cockroaches. I just can't believe that people on this board are spouting off the propaganda as if it's all true. People who know how much they lie about Bitcoin and still believe their lies about meat. It's a damn shame. Maybe the media has been too kind to Bitcoin...it was perhaps a better filter when it was being attacked as just being used for drugs on the darkweb.

Henry Ford wrote many interesting things, another I recall quite related to Elwar’s last paragraph there..
The International .. who?
It’s slipping my mind at the moment.. The International something, by Henry Ford..
google DuckDuckGo it..

Yep, Ford was definitely a fascist supporter.

If he was around today he'd be making all of his workers wear masks to demonstrate his dominance over them.

[d_eddie]

Bitcoin works not so great for authoritarians/socialists/leftists..

Bitcoin works great for anyone who hodls some. She has perfect bilateral symmetry, and telling left from right isn't her forte.

[eddie13]

Bitcoin works not so great for authoritarians/socialists/leftists..

Bitcoin works great for anyone who hodls some. She has perfect bilateral symmetry, and telling left from right isn't her forte.

Ohhh..
I suppose you could think that way if you only see it as a means to increase your wealth..

[d_eddie]

Bitcoin works not so great for authoritarians/socialists/leftists..

Bitcoin works great for anyone who hodls some. She has perfect bilateral symmetry, and telling left from right isn't her forte.

Ohhh..
I suppose you could think that way if you only see it as a means to increase your wealth..

Honestly, that is what I meant, but the same argument holds if you see her as a means to upturn unsound monetary policies that can be used both by the left or by the right to hinder the free movement of capital, enforce financial embargos etc.

[xhomerx10]

Super Pink Moon tonight if you're outside.  Hope to see Bitcoin sing a duet with it.

[shahzadafzal]

Interesting “Tesla Sold Bitcoin in Q1 for Proceeds of $272M”
https://www.binance.com/en/news/top/3255628

At the same time it’s worth quoting that Tesla has made more profit from bitcoin than selling cars.

But Elon Musk himself didn’t sale anything... HODL!!!!

[nullius]

I see a yóni symbolism in that bird.  It is highlighted by the arrangement of the greens.  Is that just me?

(I actually had that thought before I scrolled down to the next post...)

btw,
1) humans are ominvores
2) males have penises
3) females have vaginas
4) the sun warms the earth

science is not complicated unless you're retarded to begin with

5) some people are hermaphrodites

So it is just a bit more complex than you may think.

But I agree 1 to 4 are correct.

As to the true % of hermaphrodites I have not been able to get a good number that I feel safe to state.

... it's true, hermaphrodites can have combinations of sexual organs, in varying degrees no less, but they are neither female or male .... but I was trying to keep it simple for people who are mentally-challenged to begin with  

Marcus, your liberalism is disappointing.  I will revoke your august equation, and exile you to the Soviet paradise of New Jersey to live with Philip.  #sohomo

Some people are born with rare pathological conditions.  That is called not normal.

Although normalization of the abnormal is hipster chic nowadays, most congenital defects are not yet leveraged for the liberal agenda of turning all humans into an undifferentiated mass of flesh.  <—long Nullian essay; I don’t have time for WO now, unless someone starts to pay me.—>

Actually, humans are looking more like meat every day.  Meat owned by technocratic megalomaniacs, managed by robots, and fed a fodder made of soy with cockroaches.  Well, they are meat nonetheless.  Got any more of those tasty photos?  Those are the best feature of WO lately.  My hunger motivates me to strive for more bitcoins, so that I can afford to buy some meat.

2) males have penises
3) females have vaginas

Normally, yes.  Normally, a human also has two arms, two legs, one head, and five fingers on each hand.  There are exceptions, which we call the defects of unfortunate circus freaks.  Young children are disgusted and frightened by their freakiness, because young children are smarter than adults:  They have the uncorrupted, unrepressed instincts to distinguish healthy from sick, and yes, by the way, your baby is racist.  Also smart:  Healthy female mammals often reject deformed newborn offspring, leaving them to die; or they sometimes kill and eat them, to recover a bit of the precious nutrition that their bodies wasted gestating a factory defect unit.  Ancient Greeks, Romans, and Northern Europeans often left deformed babies in the woods to die of exposure.  Modern adult “humans” are the stupidest creatures on Earth, much dumber than the cockroaches that Bill Gates will soon feed to them—or maybe feed them to, which is what they really deserve.

[JayJuanGee]

But, you are wwwwwwwwrrrrrroooooonnnnnngggggg!!!!!!

Bitcoin no be boring, even if uie-pooie are inclined to want to ascribe such "boring" descriptiveness to it.

Learn how to get ur lil selfie ccccccciiiiiitttttteeee, otherwise you are going to require a snap-out-of-it batman slappening, whether be by dis here wee widdle avatar or some other avatar that is more inclined towards physical (imagination) communications in regards to your inept and inapt descriptors directed at king daddy. #nohomo

calm your tits, maybe 

Hardly possible.

Real peeps gots feelings.

What do you think, I am a bot?

 

[edited out]

Anyway I will not loose time with you, as you still keep your condescending tone. But I can apologize, if you are (most probably) American !

My tone is one that I choose based on the content of what I am attempting to provide as a response, for example.  You may likely deserve even more of a condescending tone, even though I believe that I have found an adequate balance.

As you seem (or want) to be kind of  BTC Guru.

Huh?  Largely I have been responding to your nonsense rather than attempting to present myself as if I know more than others, but sure I can see where you might conclude that, especially when you are seeming to fail/refuse to even understand what I have been saying.. at least your responses seem to show that you might have a decent level of lackenings that you seem unable to even appreciate (or recognize).

BTC is the king yes. But not 100% of the other things are shit.

You are mixing topics, you dweeb.  The original posts in this series of back and forth posts have to do with your seemingly lameass expressions of certainty in regards to where you had expected BTC prices to go..  in the $40k to $43k territory - which was your latest dumbass expression of certainty that seems to NOT be playing out (at least not yet).

To the extent the you believe that your BTC price prediction relate to shitcoins seems to be your retroactively wanting to muddy the waters with further nonsense and an additional tangent... besides your lame ass attempts at ad hominems as well.

And if you can make (more) money on some others as well, I don't see where is the pb.

I don't know what is "pb."

The last time I checked, this is not the "how to make money" in any way that you can thread.  You might want to look at the title in your further deviation from the topic.

My last message for the 40-43K was so stupid for you ? Ok please explain me where.

Of course, there is nothing wrong with making down predictions, but if you express them as certainties, you are likely to get backlash from some peeps, including yours truly.

We just felt down from 59K, then from 55K, then from 50K without any sign of power from BTC to make any reversal. We printed new local bottom. So yes, a down from 35% from ATH was on the table.

Sure it was.. but it was not a given, that's for damned sure and seems to be playing out at this time... but hey we will see if, in the near future, we end up revisiting $47,004 or lower.

And it is still on the table right now, even if the odds getting lower.

Fair enough.

We just mad reversal on small units right now (H4).

I don't know what is "H4."

Will see what's happen for daily candle, and mostly for weekly candles before crying victory.

Who is proclaiming victory, you diptwat?  All I had been asserting is that the BTC price did not go to such levels that you seem to have been suggesting were inevitable.

Just a fact. Nothing stupid on what I said.

For me, it seems stupid when a person such as you assigns too high of probability to future outcomes, and then fails and refuses to appreciate that is what you had done.  Seems to me that you cannot even accept responsibility for your own posting of nonsense.

Then if we go straight to 100K+ in 2 weeks / 1month  trust me I would be very happy on it.

Yes.  We have heard theories about "down before up" many many times, and some peeps end up getting screwed because they buy into such nonsense by selling too much BTC too soon or failing to adequately and meaningfully prepare for UP.. so hopefully, like I already mentioned, nobody put too much credence into your expressions of certainty regarding down before up.