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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25458576 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. (157 posts by 13+ users deleted.)
ChartBuddy
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August 04, 2021, 10:01:26 AM


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ivomm
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All good things to those who wait


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August 04, 2021, 10:31:42 AM
Merited by El duderino_ (5), LoyceV (4), NeuroticFish (2), JayJuanGee (1), bitcoinPsycho (1), Toxic2040 (1), strawbs (1)

With the exception of Bitstamp (which always follows the bigger exchanges), the bids to -10% are overwhelmingly bigger than the asks for +10%. Clearly, the bears try to bluff pretending they have a strong hand. In reality only the fear of a correction not backed up by any market indicator is what was driving the prices down in the last 4 days. The bears are swimming against the current and soon they will drown.



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August 04, 2021, 10:44:57 AM
Merited by JayJuanGee (1), Toxic2040 (1)

<...>


+1WO Merit

In case you are wondering where this comes from:
https://data.bitcoinity.org/markets/books/USD

EDIT: They are still missing Bitfinex on BTCEUR pair!
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August 04, 2021, 10:52:19 AM
Merited by El duderino_ (5), JayJuanGee (1)

Fast food chain Quiznos is set to begin accepting bitcoin payments at select locations through a new partnership with Bakkt.

https://bitcoinmagazine.com/.amp/business/quiznos-begin-accepting-bitcoin-bakkt?__twitter_impression=true
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what is this "brake pedal" you speak of?


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August 04, 2021, 10:54:51 AM
Last edit: August 04, 2021, 11:05:11 AM by vapourminer
Merited by Toxic2040 (2)


The solution is to increase the block size to 16 billion exabytes and fill it up with cat videos. I don't think anybody could 51% that.

dont underestimate my cats ego. he has been trying to 51% the internet so the only videos are of him.
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August 04, 2021, 11:01:26 AM


Explanation
strawbs
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August 04, 2021, 11:33:26 AM

<...>


+1WO Merit

In case you are wondering where this comes from:
https://data.bitcoinity.org/markets/books/USD

EDIT: They are still missing Bitfinex on BTCEUR pair!

That's cool, thanks. Why haven't I seen this before now? I'm guessing it's a new feature as it's still shown as being "under development". Nice though.

(and I also guess it's because I don't trade anymore, having learned from my past mistakes)
OutOfMemory
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August 04, 2021, 11:50:21 AM

I know that Wall Observation is a little off topic  Tongue but there's a sizeable wall at $38k on Stamp just waiting to be pulled down (hopefully) and not too much resistance after that. We all know how quickly walls can get pulled or munched away...


I was just looking at it




Hopefully we have some hungry buyers.

The good thing about sellwalls is that buyers can get their coins without pushing the pricer (and thus buying at higher prices in the process).
These are opportunities that cry for being taken, imo.
bitebits
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August 04, 2021, 11:54:42 AM

<...>


+1WO Merit

In case you are wondering where this comes from:
https://data.bitcoinity.org/markets/books/USD

EDIT: They are still missing Bitfinex on BTCEUR pair!


Shitcoiner!
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August 04, 2021, 12:01:36 PM


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ivomm
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All good things to those who wait


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August 04, 2021, 12:16:07 PM
Merited by JayJuanGee (2)

At one point he commented, “[Bitcoin] has been and could continue to be a catalyst for change in the fields of finance and money.”

Elsewhere, Gensler issued new remarks that shed light on how the SEC may act on the many exchange-traded fund (ETF) proposals now up for review by the agency, signaling that those based on Bitcoin futures may have the highest chance of approval.

“Given these important protections, I look forward to the staff’s review of such filings, particularly if those are limited to these CME-traded bitcoin futures,” he said.

https://bitcoinmagazine.com/markets/bitcoin-sec-gary-gensler-aspen-forum

“There is a lot of hype masquerading as reality in the crypto field, Nakamoto’s innovation is real.” - SEC Chairman Gary Gensler on #Bitcoin

https://twitter.com/BitcoinMagazine/status/1422605209969303552

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August 04, 2021, 12:24:45 PM
Merited by Toxic2040 (1)

Stop slow bleeding and start pumping already!

Come on!
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August 04, 2021, 12:27:22 PM
Merited by vapourminer (1), xhomerx10 (1), JayJuanGee (1), LFC_Bitcoin (1), Toxic2040 (1)

1 XBT = 1 BTC = 1 BTC


I wonder who else is still using XBT symbol for bitcoin. This is Xe Currency Conversion App, I'm using most of the time and noticed they still use XBT and yes bitcoin is the only crypto currency it supports. Smiley

If you don't know XBT is also a symbol for Bitcoin and as per ISO standard 4217 currency code for Bitcoin is XBT.

However BTC is most widely used but it violates ISO 4217 because it begins with BT which is the reserved country code for Bhutan. (Bhutan's currency is Ngultrum and full currency code is BTN)

Bitmex exchange is still using XBT and Kraken exchange has been using XTB symbol for Bitcoin but they switched to BTC as of April 26th, 2021 but in their APIs they still use XBT.

Quote
The abbreviation "XBT" comes from the International Standards Organization (ISO) that maintains a list of internationally recognized currencies. The standard dictates that if a currency is not associated with a particular country, it should begin with an “X”, hence "XBT". Another example of this is the abbreviation for gold, "XAU".

Interesting to note ISO symbols for some precious metals are:

XAU Gold
XAG Silver
XPD Palladium
XPT Platinum

While following the above rule don't forget not all that glitters is gold bitcoin.

XRP Ripple
XLM Stellar
XMR Monero

I personally like BTC but based on "precious metals" theory XBT isn't bad either.
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August 04, 2021, 01:01:27 PM


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August 04, 2021, 01:12:40 PM

Buddy is doing his lift.

Btw I think proundhon's HTC will never stay over 35k for ten days is about to die.

Going to check on that.
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August 04, 2021, 01:25:11 PM
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Proudhon is helping. We're kissing 39k already.
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August 04, 2021, 01:37:05 PM

1 BTC = 1 BTC. Have a good day.
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August 04, 2021, 01:53:18 PM

I know that Wall Observation is a little off topic  Tongue but there's a sizeable wall at $38k on Stamp just waiting to be pulled down (hopefully) and not too much resistance after that. We all know how quickly walls can get pulled or munched away...


I was just looking at it




Hopefully we have some hungry buyers.

The good thing about sellwalls is that buyers can get their coins without pushing the pricer (and thus buying at higher prices in the process).
These are opportunities that cry for being taken, imo.

And that's why they always get eaten if only on 1 exchnage and not others. The arbitrage oppotunity is massive.
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August 04, 2021, 01:54:04 PM
Merited by Paashaas (1), JayJuanGee (1)

Google ads for Bitcoin are no longer banned anymore. Smiley

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August 04, 2021, 01:54:25 PM
Merited by JayJuanGee (1), d_eddie (1), Toxic2040 (1), Kylapoiss (1)

So I've been studying the 1m, 5m & 15m charts all morning, and I'm starting to detect a very clear pattern...

It seems to start in the bottom left hand corner of the screen and moves in a fairly straight line at approximately 45 degrees finishing in the top right hand corner of the screen and is made up of nearly uninterrupted green candles of varying length.

My careful research has led me to the conclusion that we might be in an UPpity trend.


(Am I doing this right?)
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