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

[crypmike]

I'd take this, when they used to be fast:

This one is my favorite  
I have started to watch F1 from Hakkinen - Schumacher duel

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[kirreev070]

In ex-Soviet Russia, you just trade Bitcoin like a normal person

(Bitcoin; telephone number; we buy, we sell!)

And in Socialist America, bank robs you.

And we have our stable bitcoin

[StartupAnalyst]

And we have our stable bitcoin

I can not say that they are stable, they are often stolen by marginals!

[ssmc2]

UP

[Phil_S]

Can't stay above $6600 for more than 5 minutes...

[Last of the V8s]

and in the Seychelles, System Overloads You

[bitcoinPsycho]

based on my analysis and  unwavering optimism.
in my crystal ball I can see $7000 breaking very soon

[bitserve]

Edit:  Tentatively, I don't have any reason to believe that the information on that website is cooked, as bitserve suggests...   but I am definitely wiling to consider evidence to show that the information is "cooked"

If you really believe there are 1.6 *TRILLION* USD already parked on the exchanges waiting to buy BTC (at whatever price, no matter how low) then it is ok. I, on the contrary, would need to be shown evidence of that outrageous claim to even consider it a remote possibility.

Other than that I guess it's just a matter of faith.

Well, even though I am willing to accept the bitcoin buy order claim of the https://coinmarketbook.cc/ website as tentatively valid (rather than "extra-ordinary" as you seem to suggest), I can understand your point that $1.6 trillion is a lot of mulla.

I remain a bit unclear from where the website (https://coinmarketbook.cc/) is getting their BTC buy support data, exactly. The header of the page says that buy support is derived from the top 10 markets, but then the bitcoin section of the page currently says (and in Micpeep's post) based on 19 markets (without specifying which and without allowing to click a link for more information).  

I don't know whether those BTC related market numbers come from all trading BTC pairs within each of the markets (if markets are exchanges), but I can understand that the BTC buy orders could add up to a lot of bitcoins on order, if they are including all the places where bitcoin is traded or if they include all of the pairs including some of the hedging (which hedging might be a bit more difficult to determine in terms of the form in which the money would actually be there on the exchange - or if that could be fractional reserve rather than real money that is sitting on the exchange(s)).

Maybe someone could point out why the BTC buy order numbers are or are not true (such as from where the "markets" are derived), and personally, I don't have any good reason to doubt the BTC buy order number or that it strikes me as exactly "extraordinary" as you seem to imply - even though admittedly the BTC buy order number does seem to be on the high side.

Seems that you are quite a bit more of the skeptical one than me in this case.

https://media.giphy.com/media/kMvo958rTCf5K/giphy.gif (I was looking for a place to use this gif..... hahahaha)

They took that 1.6 Trillion USD figure directly out of their ass... and you know it

[Last of the V8s]

https://bitcoinchallenge.codes/   https://bitcointalk.org/index.php?topic=5042285.0
this is so simple but i'm leaving it for you poor people cos i really dun need a few hundred extra at this stage it's just a bore looking after them tbh then there's the tax implications and other governmental abuses and it's all a big ponzi anyway just larping around and the nsa obviously can just steal it all when they're ready and a good life does not need great wealth and the mayor said it was all hopeless and it's not going anywhere so what's the point in even trying and i bet it's a fake thing anyway so why waste my precious time

[Last of the V8s]

https://twitter.com/nw_nicholas/status/1049233328644268033
The ex head of FBI worked for HSBC. The ex head of Met Police works for HSBC. The ex head of MI5 works for HSBC. The ex head of fraud at City Police works for HSBC. The ex Saudi ambassador works for HSBC. The ex chair of HSBC MENA is Saudi Economy Minister.
I just can't see a pattern here either.

[Kylapoiss]

I'd take this, when they used to be fast:

This one is my favorite  
I have started to watch F1 from Hakkinen - Schumacher duel

Yeah, those were the times.. It's not half as interesting nowadays, sadly.

[Last of the V8s]

https://austeritysucks.com/premiumcatcher.php handy

[JayJuanGee]

via Imgflip Meme Generator

The ones that says : breakout anytime soon.... ,that are mostly the ones i watch 

Maybe i’m too big of a BULL from time to time

Well, we are in bitcoin for a reason, and that reason is to prepare for it to go up.  So finding sources with similar perspectives seems to be a good thing.

Of course, we should not want to get caught up in fantasy, and we need to be prepared for down.. yet we already know that there are a lot of party poop peeps out there who are projecting down, and they seem to have less justification for their position than the UP proponents - especially if we attempt to consider longer term time lines the probabilities seem to lean further and further into the bullish direction.. short term can sometimes be another story... .. even though "break out anytime soon," can even take place when the BTC price seems to be going down..  Has happened before, will happen again.

Actually, I have been thinking a bit more about my above-captioned earlier post, and the fact of the matter remains that any of us investing in BTC consider that we are investing in bitcoin because of our belief that based on fundamentals, and no real break in bitcoin and no meaningful competition from alts or any other investment asset, such as PMs, sooner or later the BTC price is going to go up... we don't know when...

So, BTC price going up is a matter of when, not if.

The same thing cannot be said for the case for Down or even the sideways case....

There a lot of fucktwads and bears that attempt to persuade folks to sell some BTC or not to buy BTC because the BTC price might go down.  Actually, these bear talkers frequently, attempt to frame the BTC bear case matter similar to the BTC bull case, and to falsely suggest that BTC prices are likely to go down, it is just a matter of when, and that whole attempt at equality of thinking (false equivalencies) causes folks to misperceive the value of HODL and the value to accumulate BTC.  Accordingly, peeps sometimes sell some of their BTC or fail to buy because of these kinds of false equivalency presentations from BTC bears.

[kirreev070]

[Phil_S]

Can't stay above $6600 for more than 5 minutes...

Oh no, I jinxed it!



 

[alevlaslo]

[JayJuanGee]

.........
I remain a bit unclear from where the website (https://coinmarketbook.cc/) is getting their BTC buy support data, exactly. The header of the page says that buy support is derived from the top 10 markets, but then the bitcoin section of the page currently says (and in Micpeep's post) based on 19 markets (without specifying which and without allowing to click a link for more information).  
.......

They took that 1.6 Trillion USD figure directly out of their ass... and you know it

I am not saying or thinking anything near that, so don't exaggerate.  I am saying that I just don't know how they got the number, and perhaps there is some margin trading numbers that cause the dollars to not be there, even though they are on the books... but I am no way saying that they are making shit up, which seems to be what you are suggesting.. so your claim is becoming the extreme and extraordinary one, perhaps?

[pönde]

Usually I am afraid when the volume gets down. Now the volume has been under 4B$ for a few days, but still the price has been able to climb.

Will it go over 6700$ today? Feels good.

[playersfun]

Usually I am afraid when the volume gets down. Now the volume has been under 4B$ for a few days, but still the price has been able to climb.

Will it go over 6700$ today? Feels good.

it is now over 6.7k Bitfinex and Polo^^

[bitserve]

Can't stay above $6600 for more than 5 minutes...

Oh no, I jinxed it!



 

nice