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

[bitserve]

By the way, we're having a terrific NY party, and we offer nice welcome perks: open bar for ATH's!
Just in case you're considering...

He is definitely not coming. Couldn't make it. He has sent us some Xmas gifts though:


https://i.imgur.com/nhlvtqW.png <- Warning: NSFW

[mod note: removed embed of NSFW image]

[1714031052]

1714031052

[bitmover]

Price I not reflecting fundamentals. Look at transactions per day.

[bitserve]

Happy birthday ATH!

I am very sorry to hear you won't be able to be with us this Xmas. We will all miss you. Hope you are doing well wherever you are and you will come back home some day in the near future! You know we all love you!

Cheers!

Meanwhile, UNO continues its relentless march towards becoming permanently established as one of Bitcoin's best performing hedges and general long term stores of value. Looks like it will be one of the survivors of the "crypto dotcom bubble" who's cap will eventually be catapulted into the top rankings.

Trying to get one's hands on any significant amount of it though is a distinct matter.

And what exactly makes uno the exception to the crypto winter during the downtrend? I don't even know algorithm uno is or what makes it special.

One special thing about UNO is that the daily volume is around $6000.... There are very few shitcoins that haven't been unlisted with such low volume. It's definitely a rarity.

https://coinmarketcap.com/currencies/unobtanium/

[dandannn]

Happy birthday ATH!

I am very sorry to hear you won't be able to be with us this Xmas. We will all miss you. Hope you are doing well wherever you are and you will come back home some day in the near future! You know we all love you!

Cheers!

Meanwhile, UNO continues its relentless march towards becoming permanently established as one of Bitcoin's best performing hedges and general long term stores of value. Looks like it will be one of the survivors of the "crypto dotcom bubble" who's cap will eventually be catapulted into the top rankings.

Trying to get one's hands on any significant amount of it though is a distinct matter.

And what exactly makes uno the exception to the crypto winter during the downtrend? I don't even know algorithm uno is or what makes it special.

One special thing about UNO is that the daily volume is around $6000.... There are very few shitcoins that haven't been unlisted with such low volume. It's definitely a rarity.

https://coinmarketcap.com/currencies/unobtanium/

I saw people talking about this the other day, sure it is just the 'flavor of the month'?

[gentlemand]

One special thing about UNO is that the daily volume is around $6000.... There are very few shitcoins that haven't been unlisted with such low volume. It's definitely a rarity.

https://coinmarketcap.com/currencies/unobtanium/

Um, you got anything a bit more compelling to get me to thicken and engorge?

[bitserve]

Happy birthday ATH!

I am very sorry to hear you won't be able to be with us this Xmas. We will all miss you. Hope you are doing well wherever you are and you will come back home some day in the near future! You know we all love you!

Cheers!

Meanwhile, UNO continues its relentless march towards becoming permanently established as one of Bitcoin's best performing hedges and general long term stores of value. Looks like it will be one of the survivors of the "crypto dotcom bubble" who's cap will eventually be catapulted into the top rankings.

Trying to get one's hands on any significant amount of it though is a distinct matter.

And what exactly makes uno the exception to the crypto winter during the downtrend? I don't even know algorithm uno is or what makes it special.

One special thing about UNO is that the daily volume is around $6000.... There are very few shitcoins that haven't been unlisted with such low volume. It's definitely a rarity.

https://coinmarketcap.com/currencies/unobtanium/

I saw people talking about this the other day, sure it is just the 'flavor of the month'?

I don't know who would be talking about it except bagholders...... Must be a very bitter flavor.... but what do I know...

[bitserve]

One special thing about UNO is that the daily volume is around $6000.... There are very few shitcoins that haven't been unlisted with such low volume. It's definitely a rarity.

https://coinmarketcap.com/currencies/unobtanium/

Um, you got anything a bit more compelling to get me to thicken and engorge?

Sure!

https://bitcointalk.org/index.php?topic=178336.msg48703885#msg48703885

[gentlemand]

Sure!

https://bitcointalk.org/index.php?topic=178336.msg48703885#msg48703885

I was talking about that coin. I'm not interested in bottoms. I've got one of them myself somewhere.

[Last of the V8s]

If we close above the 200 weekly ma, after touching it, that's bullish right? Right?
It would be over for the bears. Over.
No Black Monday, just trains and rockets. Rrright?

[toknormal]

One special thing about UNO is that the daily volume is around $6000.... There are very few shitcoins that haven't been unlisted with such low volume. It's definitely a rarity.

https://coinmarketcap.com/currencies/unobtanium/

Trading volume isn't the basis of this particular asset's value.

What is crypto ? A synthesised monetary asset. Like amoxycillin is a synthesised antobiotic that means that you don't need to eat a tone of garlic every day but can still benefit from certain of its properties. They therefore need a solid archetype behind them to survive.

UNO is the fine-art market of crypto. It seems to have found the "sweet spot" between sufficient scarcity to be attractive and sufficient liquidity to be actively traded.

I saw people talking about this the other day, sure it is just the 'flavor of the month'?

UNO was launched in 2014. There are no other "scarecity" assets in the crypto field that go back that far which have performed as well. This is against bitcoin by the way, not USD.

[bitserve]

Sure!

https://bitcointalk.org/index.php?topic=178336.msg48703885#msg48703885

I was talking about that coin. I'm not interested in bottoms. I've got one of them myself somewhere.

I guess you need to talk to toknormal then. I do some shitcoins... but I wouldn't touch that one with 10 foot pole. Maybe it's just me.

[BinaryReign]

If we close above the 200 weekly ma, after touching it, that's bullish right? Right?
It would be over for the bears. Over.
No Black Monday, just trains and rockets. Rrright?

I honestly don’t know, but I feel like this owl right now..



Like he’s thinking
“Please let the crypto winter be over soon”

 

[gentlemand]

I honestly don’t know, but I feel like this owl right now..

Some day it'll be back to this.

I guess you need to talk to toknormal then. I do some shitcoins... but I wouldn't touch that one with 10 foot pole. Maybe it's just me.

No. It's me as well. I'll stick with my existing shit. I was wondering why no volume is a virtue.

[toknormal]

I guess you need to talk to toknormal then. I do some shitcoins... but I wouldn't touch that one with 10 foot pole. Maybe it's just me.

It's just you.

[d_eddie]

Partially related: how or how much is bitcoin banned in China? I've been told I can pay in bitcoin, but the fees are outrageous: about 70% of the effective amount. The guy there says it's because of the ban.

[bitserve]

No. It's me as well. I'll stick with my existing shit. I was wondering why no volume is a virtue.

It isn't, but irony is. Sometimes.

[gentlemand]

Partially related: how or how much is bitcoin banned in China? I've been offered bitcoin payments with outrageous fees, about 70% of the effective amount. The guy there says it's because of the ban.

It's not banned in the slightest. Centralised trading and merchant use certainly has been. Everyone's doing P2P or OTC happily enough as far as I know.

Where's this fee being applied?

[BinaryReign]

I honestly don’t know, but I feel like this owl right now..

Some day it'll be back to this.

I guess you need to talk to toknormal then. I do some shitcoins... but I wouldn't touch that one with 10 foot pole. Maybe it's just me.

No. It's me as well. I'll stick with my existing shit. I was wondering why no volume is a virtue.

Yep
Btw, I should probably ask, what is a crypto winter? I assumed it was just another term for bear market, but idk, and you’re a legendary member, so maybe you’d know?  

[gentlemand]

Yep
Btw, I should probably ask, what is a crypto winter? I assumed it was just another term for bear market, but idk, and you’re a legendary member, so maybe you’d know?  

I'd say it's the wasteland following a bear market where price doesn't budge for what feels like forever. Look to the seemingly eternal $200-250 phase after the low was in in January 2015. It probably wasn't all that long in retrospect.

It seems to be when many projects and hopes die. The beary bit is still filled with delusion.

[bitserve]

I don't know what you guys are talking about. Here is a major Chinese merchant:

https://support.fasttech.com/faq/do-you-accept-bitcoin