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Question: Price prediction for the May 21 weekly close:
<$20,000 - 7 (8%)
$20,000 - $22,000 - 0 (0%)
$22,000 - $24,000 - 2 (2.3%)
$24,000 - $26,000 - 3 (3.4%)
$26,000 - $28,000 - 7 (8%)
$28,000 - $30,000 - 12 (13.8%)
$30,000 - $32,000 - 20 (23%)
$32,000 - $34,000 - 8 (9.2%)
$34,000 - $36,000 - 6 (6.9%)
$36,000 - $38,000 - 3 (3.4%)
$38,000 - $40,000 - 2 (2.3%)
>$40,000 - 17 (19.5%)
Total Voters: 87

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25640046 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. (168 posts by 4 users with 9 merit deleted.)
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December 09, 2021, 03:01:35 AM


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December 09, 2021, 04:13:55 AM
Last edit: December 09, 2021, 04:26:47 AM by Richy_T

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December 09, 2021, 05:01:26 AM


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December 09, 2021, 06:10:44 AM

I guess I broke the 4x combo.
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December 09, 2021, 06:18:00 AM

AFAIR, every image manipulation software i worked with (general reference is imagemagick, tho), uses bitmap representations of compressed image formats to apply manipulation to. This is the reason photoshop and the likes prompt you for setting compression parameters on save of destructively edited JPG files, which is any operation beyond cropping.

Right. But this is on the device, was my understanding?

I have to look into the details, but imo it should be. Likely it's processing (truncated?) RAW data directly. This is the way i would do it.
Offering an uncompressed output format is manufacturers choice. It's still a consumer drone.
But it's showing me an important point in choosing my next one.
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December 09, 2021, 06:54:39 AM

AFAIR, every image manipulation software i worked with (general reference is imagemagick, tho), uses bitmap representations of compressed image formats to apply manipulation to. This is the reason photoshop and the likes prompt you for setting compression parameters on save of destructively edited JPG files, which is any operation beyond cropping.

Right. But this is on the device, was my understanding?

I have to look into the details, but imo it should be. Likely it's processing (truncated?) RAW data directly. This is the way i would do it.
Offering an uncompressed output format is manufacturers choice. It's still a consumer drone.
But it's showing me an important point in choosing my next one.

You've probably already watched this video. I wasn't aware of Autel Robotics until Bob mentioned the Autel Evo 2 Pro, and I like what I see so far.

DJI Mavic 2 Pro VS Autel Evo 2 Pro Drone Review // This quality is INSANE
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December 09, 2021, 07:01:26 AM


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December 09, 2021, 08:20:11 AM

This is how China and other countries who plans to ban bitcoin to stop it from progressing exactly works:





The Chartbuddy now has red/green symbolic sandwich Avatar setup which needs to filled up with some green lettuce even more to make it worth $50k above as it's already been in the process and the he will make it more expensive beleive him Grin
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December 09, 2021, 08:59:10 AM

Of course they won't be investigated.

Downing Street party: Police will not investigate due to 'lack of evidence'.
https://www.bbc.co.uk/news/uk-politics-59588413


If you or I would have organised a Bitcoin ATH or $25K party at the time we would have been jailed and the headline would have been:

"Dangerous crypto currency dealers from around the world who are members of an underground online gang called Wall Observer, are jailed for 6 months for organising dangerous cheese and wine rave with high class prostitutes in attendance during strict lockdown rules."
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December 09, 2021, 09:01:35 AM


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All good things to those who wait


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December 09, 2021, 09:05:54 AM
Merited by El duderino_ (5), vapourminer (1), JayJuanGee (1)

Some glassnode observations:

--------
Whenever price creates new highs, there are invariably traders who buy the top. These new investors are the first group tested by the next period of uncertainty, and nothing spells uncertainty like a flash sell-off in futures.

With cascading liquidations come spenders in loss, and last week's event set a recent high for Realized Losses on-chain. The sum of coins spent in loss for December 4 totalled $3 billion. Coming into Saturday, previous high marks were set on May 19 and June 25, with losses of $4.5B and $3.8B respectively.

So if older coins are not being spent in notable size, and exchanges are not seeing elevated activity, then where are spent coins coming from?

They're coming from Short Term Holders— investors who bought in the past few months, most of whom are spending at a loss.

Through our observations of the data, last week's sell-off was driven by liquidations in the futures market, and the various on-chain cohorts that make up Bitcoin's supply remain largely unfazed. Those who are spending coins appear to be predominantly those who bought the top, and they are realizing losses and capitulating.

High levels of leverage followed by price volatility is a classic recipe for a correction, and capitulative moments like Bitcoin just experienced are unfortunately needed for markets to return to a healthy equilibrium. The key question we will seek to answer in the coming weeks, is whether market sentiment has taken a severe enough hit that the underlying conviction seen this week deteriorates, or does it hold on.
---------

https://insights.glassnode.com/week-onchain-week-49-2021/
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December 09, 2021, 10:01:26 AM


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December 09, 2021, 10:24:31 AM

Looks like news of the China real estate defaults are starting to affect corn prices negatively?
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December 09, 2021, 10:59:39 AM

2022 - Year of The Tiger.

This says : Whoever shall help and flatter the Tiger shall have a wealthy and happy life.

Those who will do the exact opposite... well you can expect the opposite effect Cheesy
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December 09, 2021, 11:01:28 AM


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December 09, 2021, 11:13:03 AM

AFAIR, every image manipulation software i worked with (general reference is imagemagick, tho), uses bitmap representations of compressed image formats to apply manipulation to. This is the reason photoshop and the likes prompt you for setting compression parameters on save of destructively edited JPG files, which is any operation beyond cropping.

Right. But this is on the device, was my understanding?

I have to look into the details, but imo it should be. Likely it's processing (truncated?) RAW data directly. This is the way i would do it.
Offering an uncompressed output format is manufacturers choice. It's still a consumer drone.
But it's showing me an important point in choosing my next one.

You've probably already watched this video. I wasn't aware of Autel Robotics until Bob mentioned the Autel Evo 2 Pro, and I like what I see so far.

DJI Mavic 2 Pro VS Autel Evo 2 Pro Drone Review // This quality is INSANE

I had a similar experience, but after digging the web in regards of what the Autel does not do well, i found a nasty bug regarding focusing and also buggy software on smartphones.

Also, the Autel should be compared to the Mavic 3, because the cmos sensor of the mavic 2 is a quarter of the size of the Autel's sensor.
Needless to say, the image quality is beyond comparison. Furthermore, the Autel weighs a lot more. This is OK in countries where drones are not mainly regulated by weight/power.
My decision tends strongly toward the Mavic 3 now.
I had a look at the Autel and dismissed it some months ago. I didn't remember why, but it must have been the focusing problem(s).

EDIT: To be precise, i decided for both. Mavic 3 from the store (next year), Autel Evo II Pro (6K for 1" sensor size) used from aftermarkets some time later.

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December 09, 2021, 11:15:06 AM
Merited by JayJuanGee (1)

Guy beaten till he gave his private keys Sad
https://www.geenstijl.nl/5162477/friese-crypto-koning-bruut-thuis-overvallen-ze-hebben-de-code-letterlijk-uit-me-geslagen/
(in Dutch)

He was in crypto since 2017. The police is investigating. They managed to "freeze" part of the coins that were stolen.
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