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

[Richy_T]

Ireland Preparing to Ban Bitcoin Donations Over Russia Election Interference Fears
https://decrypt.co/98301/ireland-preparing-ban-bitcoin-donations-over-russia-election-interference-fears

So suitcases full of cash as usual then?

[1714195593]

1714195593

[1714195593]

1714195593

[Richy_T]

Could you try the black background? As an experiment.

Mebe.

[JayJuanGee]

I personally believe that period close to halving is the best fucking buying opportunity for the upcoming years.

If by "close to halving" you mean 1-2 years prior, then yes.
"Time IN the market beats timing the market."

Exactly. I believe that and I am no longer waiting for BTC to hit my stupid trend lines.
My perspective has changed a lot while learning more and more about the current market situation and I think, we will surely touch the realized price (I made a post above) before making any new ATH and that would be, the best fucking buying opportunity one can have.

I do also see from the realized market cap chart that you provided (and linked the source) above, the current BTC price seems to be quite a bit above the realized market cap, and at the same time, you can see from the chart, that there are extended periods of time in which the BTC price does not go into the green shaded accumulation phase, so it just seems weird that anyone would really anticipate that the BTC price is actually going to meet the realized market cap in the near future. 

In other words, we could have another year or two of the BTC price staying higher than the realized market cap without the two touching in terms of down before up.

For sure, I am not suggesting that there are any guarantees because even with various charts, we cannot really assign any level of confidence that some kind of down before UP is not yet going to happen.. because down before up, or the accumulation green phase that is shown in the chart could actually end up happening at any time, even if it is not equally aligned in terms of places in which such accumulation phases had happened previously.   

[Gachapin]

OT: Netflix is fcked.

go woke go broke

[Richy_T]

  I don't get this.  Why wouldn't one just use the house as the collateral and keep their bitcoin safu?

Imagine you have enough Bitcoin to afford a house that your income couldn't support. Now consider capital gains tax...

[Richy_T]

this caught me eye

1/15: Ever looked at an order book and been mesmerised by how it moves? Just me? A short thread about how displaying order books in a different way gives you a glance at what lies beneath.

https://twitter.com/KrisMachowski/status/1516647072833089539

+1 WOsMerit

Not even a mention of Charbuddy

I did consider doing some animated stuff but the truth is, it just wouldn't work very well (though it's cool for a short little animation like that). If it's slow enough to make sense, you move through time excessively slowly. If you move fast enough, it starts to dissolve into noise.

[BTCaesar]

[ChartBuddy]

Explanation

[savetherainforest]

Source: https://cointelegraph.com/news/btc-and-eth-will-break-all-time-highs-in-2022-celsius-ceo

That guy in the paperview looks like a top notch pussy licker for the fraudulent 'old banking system' elite.    

[Toxic2040]

Not even a mention of Charbuddy

I did consider doing some animated stuff but the truth is, it just wouldn't work very well (though it's cool for a short little animation like that). If it's slow enough to make sense, you move through time excessively slowly. If you move fast enough, it starts to dissolve into noise.

+2 WOsMerit's

Apologies...was quoting a thread where CB was being talked about...was actually just going to post it solo so you could see it but that popped up

All good...love the new look happening...seems more readable..for me anyway ...thank you!

[JayJuanGee]

We're close to halfway between halvings.

The exact middle will be block 735000.

I personally love halving. 2020 Halving was my first buy, I sold at 58s level. When BTC went back from 28k to 69k, I thought I fucked it up however, now I think it was a good decision.
We all need some patience in our life to get the best out of it.

Most probably, my second and biggest BTC buying will be close to the upcoming halving or when we reach $24k (if we ever reach that point).
In short, waiting for halving. <3

Oh my.

I see that you are still delusional to be waiting for $24k in order to buy.

Sure, such a BTC price level could end up happening within the next 4-6 months, and the slowness of the 200-week moving average moving up could cause the 200-week moving average to get to $24k around 3 months from now, which is approximating that it is going up around $30 per day for the coming 90 days or so (and it is currently at about $21,300).

I still doubt that the odds of the current price reaching the 200-week moving average is a very high probability, but sure there are folks who are waiting for those kinds of measurements for their justification in buying BTC.. and from my own personal perspective, it seems way to risky to be fucking around with that kind of level of greed and lack of confidence in the upside face-ripping (and punishment) potentiality of bitcoin.. historically bitcoin has had a pretty decent track record of punishing naysayers, no coiner and those who either sell too much too early and/or fail/refuse to prepare for UP by buying a sufficient and adequate quantity of coinage (within their capacities to do so). 

For sure... Your milage may vary... and for sure, everyone has a right to have fun staying poor... not going to deprive you of those kinds of funzies.. have seen it many times with folks talking their lil selfies out of sufficient and adequate preparations for UPpity.

[Toxic2040]

i like this one better



------------




the evening wall report





dyor

4h


D

stronghands

[Arriemoller]

Wars suck.

All of them.

They are pretty much always failures by default.

Even especially the "freedom" wars of the US and allies, least after WW2.

Even WW2 sucked...

Wars suck..


SLUT

Yeah, but some feels better than others.

[shahzadafzal]

Solid and stable!

https://twitter.com/wclementeiii/status/1516931942997975041?s=21

[ChartBuddy]

Explanation

[shahzadafzal]

Wars suck.

All of them.

They are pretty much always failures by default.

Even especially the "freedom" wars of the US and allies, least after WW2.

Even WW2 sucked...

Wars suck..


SLUT

Yeah, but some feels better than others.

The bankers want wars
Defense contractors want wars
Governments want wars

WARS ARE BIG BUSINESS

[Richy_T]

Apologies...was quoting a thread where CB was being talked about...was actually just going to post it solo so you could see it but that popped up

All good...love the new look happening...seems more readable..for me anyway ...thank you!

It's kind-of interesting really. I thought it would look good but when I started doing the calculations, it turns out that an hour is quite a long time and the choices are over-compress it or get bored.

I have thought about doing CB as a live app but every time I go to write an android app, it seems I need to upgrade everything, fix a bunch of stuff the upgrades broke and then learn what hoops I have to jump through for the play store this time. I have several useful apps that are no longer active because they're such a hassle to keep current (though they still work just fine).

[philipma1957]

Wars suck.

All of them.

They are pretty much always failures by default.

Even especially the "freedom" wars of the US and allies, least after WW2.

Even WW2 sucked...

Wars suck..


SLUT

Yeah, but some feels better than others.

The bankers want wars
Defense contractors want wars
Governments want wars

WARS ARE BIG BUSINESS

Right this war has made a ton of money for oil people.

[BitcoinBunny]

Wars suck.

All of them.

They are pretty much always failures by default.

Even especially the "freedom" wars of the US and allies, least after WW2.

Even WW2 sucked...

Wars suck..


SLUT

Yeah, but some feels better than others.

The bankers want wars
Defense contractors want wars
Governments want wars

WARS ARE BIG BUSINESS

Right this war has made a ton of money for oil people.

"Eh-Yo!"

[Biodom]

Bitcoin is surprisingly steady to "up", but i got so pissed that everytime all the shitcoin flotilla moves in the unison with bitcoin.
These are different entities, so why people cramp them together?
There is almost NOTHING in common between some me-too token (in the third or fourth dozen in the mktcap) and bitcoin and, yet, this persists for many months already.

OT: What's FAANG without an "N"?

1. something that is de-fanged?
2. toothless tiger?

Sidenote...the trouble with options is that I knew two years ago already that NFLX would have a cascade down situation, bought puts, then got bailed out by COVID's initial plunge (high volatility rescues puts that are out of the money as long as they are far away in time).
I never re-bought the puts and the sucker went up another 2X before finally deciding on a plunger move.
Straight shorting is boring as heck, so options might be a good play, but you need to time it "just right".
The question is: would the next big one be another from the same group?
If yes, my bet would be either on FB downside continuation or AMZN (starting going down properly).
Apple would be the last, but it would be "glorious". Google will not go down much, imho.