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

[philipma1957]

Picking the right co-worker is a talent as well ...

Indeed, but he hasn't done a very good job at that.

His cabinet has been filled mostly with Fox News personalities and others with no experience in the fields he's assigned them to. Most were chosen for loyalty to him personally. Musk is the only one even close to competent and some people wonder about his long-term motives.

Just listen to his (higher level) ex-employees.
Him and Donald are the perfect narcissistic couple.
Americans gonna learn their lesson the hard way (again?).

We will not learn our lesson.  The structure is designed for robber barons for over 200 years. Once in a while the robber barons simply say fuck it and show us who is really in charge.

The musky trumpeter this time.

[LFC_Bitcoin]

Since I did such a terrible job of it the first time...

 

Rank	League	Sport	Country	Year(s)	Revenue (€ mil)
1	National Football League (NFL)	American football	United States	2023	19299
4	Premier League (PL)	Association football	England	2022–23	7100
6	Campeonato Nacional de Liga de Primera División (La Liga)	Association football	Spain	2022–23	5240
7	Fußball-Bundesliga (Bundesliga)	Association football	Germany	2022–23	4452
8	Lega Nazionale Professionisti Serie A (Serie A)	Association football	Italy	2022–23	3618
9	Championnat de France de football (Ligue 1)	Association football	France  Monaco	2022–23	2378
10	Major League Soccer (MLS)	Association football	United States  Canada	2024	2233
11	Campeonato Brasileiro Série A (Brasileirão)	Association football	Brazil	2023	1705
14	English Football League Championship (EFL Championship)	Association football	England	2021–22	1060
15	Russian Premier League (RPL)	Association football	Russia	2021–22	1050
17	Fußball-Bundesliga (2. Bundesliga)	Association football	Germany	2022–23	785.7
20	Eredivisie	Association football	Netderlands	2021–22	629
22	J1 League	Association football	Japan	2023	564.65
23	Primeira Liga	Association football	Portugal	2021–22	557
24	Liga MX	Association football	Mexico	2018–19	555
25	Turkish Süper Lig	Association football	Turkey	2021–22	533
26	Belgian Pro League	Association football	Belgium	2021–22	494
27	Liga Profesional de Fútbol	Association football	Argentina	2018–19	490.8
28	Campeonato Nacional de Liga de Segunda División (La Liga 2)	Association football	Spain  Andorra	2022–23	457.6
29	Lega Nazionale Professionisti B (Serie B)	Association football	Italy	2021–22	456.5
33	Championnat de France de football de Ligue 2 (Ligue 2)	Association football	France	2022–23	423
35	Scottish Premiership (SPFL)	Association football	Scotland	2021–22	313
36	J2 League	Association football	Japan	2023	294.65
37	Danish Superliga	Association football	Denmark	2021–22	287
38	K League 1	Association football	Soutd Korea	2019	287
39	Austrian Football Bundesliga	Association football	Austria	2020–21	267
40	English Football League One (EFL League One)	Association football	England	2021–22	260.3
41	Swiss Super League	Association football	Switzerland	2021–22	248
42	Fußball-Liga (3. Liga)	Association football	Germany	2022–23	234.7
45	Lega Italiana Calcio Professionistico (Serie C)	Association football	Italy	2022–23	216.2
46	Allsvenskan	Association football	Sweden	2022	210
47	Ekstraklasa	Association football	Poland	2022–23	206.5
48	National Women's Soccer League (NWSL)	Association football	United States	2024	193.2
50	English Football League Two (EFL League Two)	Association football	England	2021–22	170
52	Eliteserien	Association football	Norway	2022	161
54	Super League Greece	Association football	Greece	2021–22	159
55	Nemzeti Bajnokság I	Association football	Hungary	2021–22	158
60	Israeli Premier League	Association football	Israel	2021–22	138
63	Ukrainian Premier League (UPL)	Association football	Ukraine	2021–22	118
65	Saudi Professional League (SPL)	Association football	Saudi Arabia	2022–23	111.1
68	Categoría Primera A	Association football	Colombia	2022	102
69	Croatian First Football League (1. HNL)	Association football	Croatia	2021–22	97
70	Czech First League	Association football	Czech Republic	2021–22	97
71	Cypriot First Division	Association football	Cyprus	2021–22	95
72	Egyptian Premier League	Association football	Egypt	?	95
76	Liga I	Association football	Romania	2021–22	90
77	J3 League	Association football	Japan	2023	85.7
78	Campeonato Brasileiro Série B (Série B)	Association football	Brazil	2020	84.1
79	Chinese Football Association Super League (CSL)	Association football	China	2022	75.8
81	Kazakhstan Premier League	Association football	Kazakhstan	2022	70
82	Swiss Challenge League	Association football	Switzerland  Liechtenstein	2019–20	67.1
83	UAE Pro League	Association football	United Arab Emirates	2021–22	65.8
84	Indian Super League (ISL)	Association football	India	2018–19	65
85	Serbian SuperLiga	Association football	Serbia	2021–22	65
86	First Professional Football League (Bulgarian First League)	Association football	Bulgaria	2021–22	64
87	A-League	Association football	Australia  New Zealand	2017–18	63
90	Championnat National	Association football	France	2019–20	57.4
91	Women's Super League (WSL)	Association football	England	2022–23	56.6
92	Chilean Primera División	Association football	Chile	2023	55.3
94	Soutd African Premier Division	Association football	Soutd Africa	2019–20	53.4
95	Slovak Super Liga	Association football	Slovakia	2021–22	51
96	Azerbaijan Premier League	Association football	Azerbaijan	2021–22	47
98	I liga polska	Association football	Poland	2022–23	43.5
99	Belarusian Premier League (Vyšejšaja Liha)	Association football	Belarus	2022	42
100	Challenger Pro League	Association football	Belgium	2019–20	41.2
102	Superettan	Association football	Sweden	2020	39.1
103	Danish 1st Division	Association football	Denmark	2019–20	35.7
105	Veikkausliiga	Association football	Finland	2022	33
106	Latvian Higher League	Association football	Latvia	2022	29
107	Persian Gulf Pro League	Association football	Iran	2015–16	29
108	Besta deild karla	Association football	Iceland	2022	27
109	Primera B de Chile	Association football	Chile	2020	26.92
111	League of Ireland Premier Division	Association football	Ireland  Nortdern Ireland	2022	26
112	Campeonato Brasileiro Série C (Série C)	Association football	Brazil	2020	25.2
113	Primera Categoría Serie A (Ecuadorian Serie A)	Association football	Ecuador	2018	25
	Total annual revenue for all Association football leagues	(using most recent	data)   -----	-----	40839.72

 
 I redid my work and checked it a little more closely this time (okay a lot more).  I'm not saying it's perfect but it paints a much more accurate picture than my previous lies.
NFL revenue was 19299 (€ mil) whereas professional Association football revenue for all leagues (best data available¹) was 40839.72 (€ mil)

¹ based on my desired level of research.

Impressive list.

I would look at viewing figures though, say viewing figures for the biggest game in NFL and the biggest game in football so the World Cup Final or the Champions League Final.

FIFA World Cup Final Beat Super Bowl LVI By More Than One BILLION Viewers In TV Ratings
https://www.si.com/fannation/soccer/futbol/news/how-fifa-world-cup-final-beat-super-bowl-lvi-in-tv-ratings



Personal opinion - Not that many people outside of the US care about American Football.
Football (soccer) is undisputedly the most popular sport in the world and it’s not even close. 

[psycodad]

Recently stumbled across this nifty little python script:

https://utxo.live/oracle/

It claims to find the daily market price by transaction analysis only.
I am still trying to wrap my head around the concept behind it, but for now I'll stick with 'kinda magic'.

I gave it a try on my node and it came up with a price of $97133 for Feb 11th 2025 and $97164 for Feb 10th 2025.
I then tried with Feb 12th 2024 and it gave me $48195 which seems pretty accurate too.

Who would have thought that the blockchain even contains price information..

Friggin amazing what they did there if you ask me.

Very interesting. I perused the source, very well commented ("We encourage you to read the plain english source code", as the guy says), and it looks legit. However, from my quick glance I haven't been able to understand how he infers USD amounts from blockchain transactions.

Code:

# A basic understanding of how UTXOracle works is as follows:
    
#  Take a day's distribution of bitcoin transaction amounts 
#
#                    * *   *
#                   *   * * *                        
#                  *     *   *   *           
#               * *           * * *           
#          *   * *                  * *      *
#         * * *                      *  * * * *       
#      * *                               * *    * * *
#     * *                                             *
#    *                                      
#   10k sats        0.01 btc           1 btc        10btc 

# Create a smooth stencil to align broadly with a typical output day
#
#                       *  *
#                    *         *
#                 *               * 
#              *                     *
#            *                          *
#          *                               *
#        *                                     *
#      *                                            *  
#   10k sats        0.01 btc           1 btc        10btc 

# Create a spike stencil that fine tunes the alignment on popular usd amounts
#
#                         *
#                     *   *                       
#                     *   *                   
#                *    *   *          *           
#           *    *    *   *    *     *              
#           *    *    *   *    *     *    *             
#       *   *    *    *   *    *     *    *     *       
#       *   *    *    *   *    *     *    *     *     
#      $1 $10  $20  $50  $100  $500  $1k  $2k   $10k
#
# Slide the smooth and spike stencil over the output data and look for the best fit

I think the basic assumption is that people tend to send transactions of $1 $10  $20  $50  $100  $500  $1k  $2k or $10k, so the USD amount stays the same but depending on current valuation people need to send different amounts of BTC to transfer the equivalent of $100 or $10k etc.. If you can determine which transactions are like $500 worth probably, you can deduce the price.

Still kinda magic to me  - but really cool

[philipma1957]

hey guys go back and find my posts on the World Cup.
 
hint not once did I compare it to American football






by the way

https://www.yahoo.com/news/why-tension-between-trump-administration-182353439.html


the pope is predicting a bad ending for the musky trumpeter

"His letter includes a warning for administration officials: “What is built on the basis of force, and not on the truth about the equal dignity of every human being, begins badly and will end badly,” he wrote."

taken from the link I post.


I just want to say bitcointalk has been a blast and if we all end in a blast at least I had some fun on bitcointalk.

oh so far Joe Biden ath of 109k is beating the current number of 95.3k soundly

[d_eddie]

However, from my quick glance I haven't been able to understand how he infers USD amounts from blockchain transactions.

I think the basic assumption is that people tend to send transactions of $1 $10  $20  $50  $100  $500  $1k  $2k or $10k, so the USD amount stays the same but depending on current valuation people need to send different amounts of BTC to transfer the equivalent of $100 or $10k etc.. If you can determine which transactions are like $500 worth probably, you can deduce the price.

Still kinda magic to me  - but really cool

That makes sense, but it can only work within 1 order or magnitude, unless you have an external oracle. In other words, what looks like $10 could be $1 or $100 depending on the actual dollar price that was paid for that transaction - which we don't know, since it is exactly what we're trying to estimate.

[psycodad]

However, from my quick glance I haven't been able to understand how he infers USD amounts from blockchain transactions.

I think the basic assumption is that people tend to send transactions of $1 $10  $20  $50  $100  $500  $1k  $2k or $10k, so the USD amount stays the same but depending on current valuation people need to send different amounts of BTC to transfer the equivalent of $100 or $10k etc.. If you can determine which transactions are like $500 worth probably, you can deduce the price.

Still kinda magic to me  - but really cool

That makes sense, but it can only work within 1 order or magnitude, unless you have an external oracle. In other words, what looks like $10 could be $1 or $100 depending on the actual dollar price that was paid for that transaction - which we don't know, since it is exactly what we're trying to estimate.

I thought that it just assumes that most transactions are $100 (peak of the stencil) but they mention this in the sauce which seems to side with what you said above:

Code:

# Historical testing of the Oracle shows prices that are accurate within the variance 
# seen by different bitcoin exchanges themselves. The date and price ranges expected to work 
# for this version (version 8) are from 2023-12-15 to present and from $5k to $500k. 
# The previous version of the code (version 7) worked flawlessly from 2020 to 2024 before 
# ordinal related transactions dramatically changed the character of on-chain output patterns. 

[JSRAW]

~snip~

Impressive list.

I would look at viewing figures though, say viewing figures for the biggest game in NFL and the biggest game in football so the World Cup Final or the Champions League Final.

FIFA World Cup Final Beat Super Bowl LVI By More Than One BILLION Viewers In TV Ratings
https://www.si.com/fannation/soccer/futbol/news/how-fifa-world-cup-final-beat-super-bowl-lvi-in-tv-ratings



Personal opinion - Not that many people outside of the US care about American Football.
Football (soccer) is undisputedly the most popular sport in the world and it’s not even close. 

Add the biggest game in cricket India vs Pakistan to the list as well.

https://sporticos.com/en-gb/news/top-5-most-viewed-sports-events-all-time-tv-streaming-viewership-records

 

[Ricardo11]

BlackRock Buys $50 Million Bitcoin as Fidelity, Grayscale and Invesco Sell.


X

These asset managers' sales of Bitcoin are likely being made via their respective Bitcoin ETFs. Analysts suggest the move could be a way to rebalance their assets strategically. Meanwhile, BlackRock deviated from these other asset managers with a significant $50 million invested in purchasing Bitcoin. That is over 515 BTC bought, while others actively sold their Bitcoin holdings.


This development signals that the world’s largest asset manager remains confident in the long-term value of BTC. Financial experts consider BlackRock’s accumulation of Bitcoin a bullish signal for the asset, even when others have opted to reduce exposure. As of the last count, BlackRock held over $60 billion worth of BTC and has continued to increase its assets.
News source

[JSRAW]

So much hate for President Musk and First Orange Man, it's disgusting.

It's actually a good thing that Elon's in charge. Donny boy is such a bumbling incompetent at running things that he managed to turn an almost half billion dollar inheritance from his grandfather's brothels and father's slumlord holdings into a multi-billion dollar debt. Imagine if the Dumpster was actually in charge?

https://forward.com/fast-forward/424037/ivanka-trump-president-trump-samantha-bee-debt/

 

Both are disrupters and if you don't have any skin in the game then it's fun to witness all the shenanigans. Even, Netflix won't provide such entertainment. 

I reckon the fallout between them would be something as both of them are egoistic individuals with an Alpha mentality. Happy about what they are doing with USAID tho. In the name of aid previous regime was fucking up everything around the world.

Yeah the best thing U.S. Agency for International Development did was brand themselves USAID... makes the public think they are a humanitarian government organization, when in fact they are a front for the CIA and also a way to funnel money back into the hands of the corrupt!

Even Missionary, Islamists, terrorists and separatist groups in India.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[JimboToronto]

Not sure what you have against Trump, but statements like the above are sound bites from MSM... you're better than that JimboToronto..

I try not to be brainwashed by "influencer" propaganda on mainstream social media sites like Youtube Twittex and other blogs.

I find the Biden Derangement Syndrome hilarious.

Somehow along the way, proving or disproving information versus misinformation and disinformation (a.k.a. fact checking) seems to have become taboo. Creeping idiocracy.

Never attribute to malice what can be explained by stupidity. Likewise, never attribute to stupidity what can be explained by malice. A mix of malice and stupidity is really bad.

I'm not against everything Little Donnie stands for. I hate woke bullshit.

I really support tax reduction. That's why I'm flabbergasted at the tariffs. Doesn't he realize tariffs are taxes, ultimately borne by the consumers?

Maybe in the next election voters will have a real choice instead of having to pick between two losers like in the last five elections.

In the meantime all I can do is laugh at the pathetic situation and hope tanks and troops don't start rolling across borders. I have family and friends on both sides of both the Canada/U.S. and Mexico/U.S. borders. Stand tall Canada and Mexico. Don't give in to bullies, especially not stupid ones.

Today's USA is very different from the one in which I lived in 1968. At that time I would have been happy to emigrate. Now I absolutely would not want to be a U.S. citizen. How times change.

[cxtreenal]

The weapon to increase the worth of Bitcoin is in the individuals. We (individuals) hold 70% so keep your holdings safe.

Your holdings are not for sale, pin it.



https://x.com/Saylorsatsire/status/1889652596018675877

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[WatChe]

Rank	Sport	Audience	Regions
1	Football (Soccer)	4 Billion	Europe, Africa, Asia, America
2	Cricket	2.5 Billion	Asia, Australia, UK
3	Basketball	2.5 Billion	America, Oceania, Middle East
4	Field Hockey	2.2 Billion	Europe, Africa, Asia, Australia
5	Tennis	1 Billion	Europe, Asia, America
6	Volleyball	900 Million	Europe, Australia, Asia, America
7	Table Tennis	850 Million	Europe, Africa, Asia, America
8	Baseball	500 Million	America, Japan
9	Rugby	475 Million	Oceania, South Africa, England
10	Golf	450 Million	America, Oceania, Europe

 Well since we were talking about it I decided to do some (limited) research.  Some of the stats seemed outdated as basketball has really taken off these last few years so this table is only an approximation based on numbers I was able to find online. The popularity of Field Hockey blew my mind.

Cricket s not a global sport but a sport limited to countries that is ruled by Great Britain in the past i.e. there are 8 to 10 countries where cricket is major sports. It has audience of 2.2 billion mainly because it's the most popular sports in most populated countries like India, Pakistan and Bangladesh.

Field hockey is played in more countries as compared to Cricket and that's why it's included in Olympics also. Only Pakistan has adopted it as national sports. There are hockey leagues played in India and may be few EU countries have hockey leagues also. But field hcokey s definatly not that popular to be at number 4.

[cAPSLOCK]

One of the few times I got rugged because of nyknyc. I almost never left coins on an exchange,  but I had some sitting in btce when they were shut down.

I take that back feds. I'm just making shit up...

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Soft Crem]

Rank	Sport	Audience	Regions
1	Football (Soccer)	4 Billion	Europe, Africa, Asia, America
2	Cricket	2.5 Billion	Asia, Australia, UK
3	Basketball	2.5 Billion	America, Oceania, Middle East
4	Field Hockey	2.2 Billion	Europe, Africa, Asia, Australia
5	Tennis	1 Billion	Europe, Asia, America
6	Volleyball	900 Million	Europe, Australia, Asia, America
7	Table Tennis	850 Million	Europe, Africa, Asia, America
8	Baseball	500 Million	America, Japan
9	Rugby	475 Million	Oceania, South Africa, England
10	Golf	450 Million	America, Oceania, Europe

 Well since we were talking about it I decided to do some (limited) research.  Some of the stats seemed outdated as basketball has really taken off these last few years so this table is only an approximation based on numbers I was able to find online. The popularity of Field Hockey blew my mind.

Cricket s not a global sport but a sport limited to countries that is ruled by Great Britain in the past i.e. there are 8 to 10 countries where cricket is major sports. It has audience of 2.2 billion mainly because it's the most popular sports in most populated countries like India, Pakistan and Bangladesh.

Field hockey is played in more countries as compared to Cricket and that's why it's included in Olympics also. Only Pakistan has adopted it as national sports. There are hockey leagues played in India and may be few EU countries have hockey leagues also. But field hcokey s definatly not that popular to be at number 4.

My personal opinion is that more than ever, different sports are popular in different countries of the world like football is very popular in most of the countries and I think cricket is popular in Asian continent compared to European countries.  I think field hockey is more or less popular in all countries.  But not as popular as football or cricket. Field hockey has number 4 here, I think it would have been better to have number 7 instead of 4 to 6

[Biodom]

Picking the right co-worker is a talent as well ...

Indeed, but he hasn't done a very good job at that.

His cabinet has been filled mostly with Fox News personalities and others with no experience in the fields he's assigned them to. Most were chosen for loyalty to him personally. Musk is the only one even close to competent and some people wonder about his long-term motives.

Just listen to his (higher level) ex-employees.
Him and Donald are the perfect narcissistic couple.
Americans gonna learn their lesson the hard way (again?).

We will not learn our lesson.  The structure is designed for robber barons for over 200 years. Once in a while the robber barons simply say fuck it and show us who is really in charge.

The musky trumpeter this time.

Hey, maybe we are in the equivalent of 20ies instead of 70ies, this time.
A big Depression in 2029-2032 while roaring twenties in 2025-2029?
It's possible.

[Volgastallion]

BlackRock Buys $50 Million Bitcoin as Fidelity, Grayscale and Invesco Sell.


X

Hahaha i really like this imfographic.

Its reminds me in a first and fast look a war in the space from movies or games, like Starwars, its like a "death star" is atacking another one. OR i just become crazy?

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com