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

[bitcoinPsycho]

[Last of the V8s]

lol

you guys seen the DOW?

Yeah, pretty amusing.

I'm wondering how far down it has to go before the MSM and Wall Street actually start freaking out.

I, for one, think it is time to start crushing the skulls of our neighbors and feasting on the tasty goo inside.

wait the mexicans or the canadians?

[jojo69]

wait the mexicans or the canadians?

I was thinking about the asshole tweaker down the street...but you do you man

[Karartma1]

The Dow(n) Jones makes me guess that these are the last available tickets (BTCBTCBTC) to space.
The financial world as we know it must come to an end, it did not learn from 2008 and it never will.
Good things come to those who hold, they say

[xhomerx10]

lol

you guys seen the DOW?

Yeah, pretty amusing.

I'm wondering how far down it has to go before the MSM and Wall Street actually start freaking out.

I, for one, think it is time to start crushing the skulls of our neighbors and feasting on the tasty goo inside.

[Torque]

Hory shit, interbank lending has plunged.

https://fred.stlouisfed.org/series/IBLACBW027NBOG

Look at the 1 yr. What did they see coming in the New Year?

[JayJuanGee]

The good lord came knocking with a bag of riches months ago. I told him it wasn't enough so he left.

You been at church for the last month-ish?  

The good lord came knocking with a bag of riches months ago. I told him it wasn't enough so he left.

I might be in the same boat. I'll either retire early with lambos filled with hookers and blow, or I'll die as a Walmart greeter (having already died inside long before).

You might need some church?  

This is a bubble now, right?

A ponzi.

I get the sinking suspicion Wall St controls the price now. I'm probably wrong, but I can't shake it.

Hang out with Infofront a bit more; he might help you to shake a little .

[Wekkel]

Hory shit, interbank lending has plunged.

https://fred.stlouisfed.org/series/IBLACBW027NBOG

Look at the 1 yr. What did they see coming in the New Year?

Is this an anomaly? I cannot find any story about this on the Internet.

[Torque]

Hory shit, interbank lending has plunged.

https://fred.stlouisfed.org/series/IBLACBW027NBOG

Look at the 1 yr. What did they see coming in the New Year?

Is this an anomaly? I cannot find any story about this on the Internet.

Lol. And you won't. The MSM is not going to talk about this publicly because they don't want the public to know.

[600watt]

touching the ema200. (stamp/$/1d)

[Last of the V8s]

yan @bcrypt https://twitter.com/bcrypt/status/962024962402877441
lolol putting your airgapped machine in a faraday cage is not enough, you must also surround it with sheets of mu-metal

https://cyber.bgu.ac.il/advanced-cyber/airgap

"ODINI : Escaping Sensitive Data from Faraday-Caged, Air-Gapped Computers via Magnetic Fields"

http://www.compliance-club.com/archive/keitharmstrong/systems_installations4.html#4.5 relevant

paper not linked because ffs

Well that's it guys, they can get at our money however careful we are. We better just pack up, hand it all over to yan's handlers and stop being silly little boys with dreams of freedom and sovereignty.

Not. http://btcbase.org/log-search?q=mu+metal Since 2014

[Last of the V8s]

Hory shit, interbank lending has plunged.

https://fred.stlouisfed.org/series/IBLACBW027NBOG

Look at the 1 yr. What did they see coming in the New Year?

What is the significance of that indicator? Doesn't seem to have much $$$ in it even before the plunge?

[TERA2]

Last time it breached the 200EMA within 9 weeks of ATH was in 2011 and it wasn't as deep.

TERA, you mean a long-term bear market is coming? If so, what is your bottom target: 3.5-4 or closer to the previous ATH, 1.5-2k?

I still believe in at least 13-16k bounce short term, price is recovering nicely so far, albeit slowly. I read the recent price action as an accumulation by big players.

Ive been saying for months there would be a bounce from 5.5K to the low teens before proceeding with the bear market. The next bottom after that would be 3K. However, it could take a really long time and there would be other bounces off 5.5K first.

Ya sure I remember at 20K this board had said bitcoin had matured yada yada and the 'big players were accumulating and manipulating it down to 16K'. As if the world's brightest investors hadnt bought at 1K and below and were suddenly interested at buying at a 1600% premium on top of a bubble at ATH. lol. Dont buy all the bull

[jojo69]

Hory shit, interbank lending has plunged.

https://fred.stlouisfed.org/series/IBLACBW027NBOG

Look at the 1 yr. What did they see coming in the New Year?

What is the significance of that indicator? Doesn't seem to have much $$$ in it even before the plunge?

As I recall, the collapse in inter-bank lending was one of the hallmarks of the '08 debacle.

[Last of the V8s]

Hory shit, interbank lending has plunged.

https://fred.stlouisfed.org/series/IBLACBW027NBOG

Look at the 1 yr. What did they see coming in the New Year?

What is the significance of that indicator? Doesn't seem to have much $$$ in it even before the plunge?

As I recall, the collapse in inter-bank lending was one of the hallmarks of the '08 debacle.

Yes sorry. I have now used the google. A butterfly flapping its wings sort of deal.

[d_eddie]

whalepool all in an uproar about some enormous short liquidation

10,340 BTC

Thunderous squishing sounds, at last.

[JayJuanGee]

Last time it breached the 200EMA within 9 weeks of ATH was in 2011 and it wasn't as deep.

TERA, you mean a long-term bear market is coming? If so, what is your bottom target: 3.5-4 or closer to the previous ATH, 1.5-2k?

I still believe in at least 13-16k bounce short term, price is recovering nicely so far, albeit slowly. I read the recent price action as an accumulation by big players.

Ive been saying for months there would be a bounce from 5.5K to the low teens before proceeding with the bear market. The next bottom after that would be 3K. However, it could take a really long time and there would be other bounces off 5.5K first.

Ya sure I remember at 20K this board had said bitcoin had matured yada yada and the 'big players were accumulating and manipulating it down to 16K'. As if the world's brightest investors hadnt bought at 1K and below and were suddenly interested at buying at a 1600% premium on top of a bubble at ATH. lol. Dont buy all the bull

Do you really think that wall street is one step ahead of everyone and bought in at $1k? That's ridiculous.  

Some of wall street had only started to notice the existence of bitcoin after it went above $10k.. (coupled with some of the futures news) and bitcoin wasn't even on their radar before that (for a large number of them).  A lot of wall street is still very skittish about bitcoin, trying to figure out what it is, and considering that it's liquidity remains way too low for them to develop any kind of financial products around bitcoin...   Thus, seems early stages, early early stages, no?

You do seem to be describing in absolutist terms that bitcoin is closer to an early 2014 scenario rather than an early 2013 scenario, and you could end up being correct, but currently, I still would suggest that bitcoin is more closely in an early 2013 scenario.. maybe currently, I would place about 65% chance in favor of an early 2013 and 35% chance in favor of an early 2014 scenario.....

Many of us remain flexible in our projections about BTC's prices and direction and don't try to proclaim too many legs of price movements in advance, like some kind of divine sorcerer; therefore, if circumstances change, then I will adjust my thinking and perhaps, begin to believe that an early 2014 scenario would become more plausible based on facts and momentum, rather than mere speculative and hopeful proclamations.

By the way, if you had not noticed, you have been engaged in hopeful proclamations about bitcoin's supposed bubble ever since BTC prices went above $5k the first time in October, and I recall that you were proclaiming bubble even before that... and you been whining about BTC bubble ever since, which is nothing new.

Sure, recently, you have been proclaiming to be correct, now that BTC price finally came down - though that still does not make you a sorcerer, merely because you guessed the stopped clock correctly.  Actually, BTC prices have not even come down to your pissed off going above $5k levels, yet..   ... Hopium, Terabera, Hopium.

[JayJuanGee]

whalepool all in an uproar about some enormous short liquidation

10,340 BTC

Thunderous squishing sounds, at last.

A couple of questions..

1) If shorts get liquidated at these kinds of prices, that would likely mean that they were entered into in the below $7k territory, and if that much bear money gets liquidated,

2) if that quantity of shorts get's liquidated, wouldn't that provide a certain amount of lessening of the upwards BTC price resistance?

I am thinking that we cannot necessarily presume UP from this large liquidation, even though some bearwhales were likely reckt in the process, because other bearwhales could come in and profit through placing further shorts, perhaps?

[FartBuddy]

Guys come on. Nobody gives a crap about IQ debates, pen, or other stuff.
Just go there for that : https://bitcointalk.org/index.php?board=9.0

 I disagree.  I love pens.  Look at this one:

The Lighthouse of Alexandria



by Pelikan

You know today is gonna be exciting. When The Wall starts talking about pens.

 I'm excited.
4

Are they available at  penisland.com ?        (actual website that sold pens, aka "Pen Island")

  No, that site redirects to a malicious site.   Anyway, the pen above is one of a limited edition run of 440.  It would be difficult to find and purchase.

I'm so disappointed. sirazimuth claimed penisland.com was an actual website that sold pens, but a snapshot from 2001 shows it was a porno website called penis land, not a respectable pen selling website called pen island.

https://web.archive.org/web/20010926155606/http://penisland.com:80/

[xhomerx10]

Guys come on. Nobody gives a crap about IQ debates, pen, or other stuff.
Just go there for that : https://bitcointalk.org/index.php?board=9.0

 I disagree.  I love pens.  Look at this one:

The Lighthouse of Alexandria



by Pelikan

You know today is gonna be exciting. When The Wall starts talking about pens.

 I'm excited.
4

Are they available at  penisland.com ?        (actual website that sold pens, aka "Pen Island")

  No, that site redirects to a malicious site.   Anyway, the pen above is one of a limited edition run of 440.  It would be difficult to find and purchase.

I'm so disappointed. sirazimuth claimed penisland.com was an actual website that sold pens, but a snapshot from 2001 shows it was a porno website called penis land, not a respectable pen selling website called pen island.

https://web.archive.org/web/20010926155606/http://penisland.com:80/

 Ah ha!  Now we get to the heart of the maliciousness.