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

[El duderino_]

Weekly close above EQ of weekly OB
But 4240 gotta break to make a higher high
Expect us to test 4250 at least
Tomorrow Bitfinex is under maintenance for couple hours
Normally this puts volatility into the market
So will be interesting to see what happens


Ok going into HODLsleep now
Again
Good night WO’s and keep pumping THX

[RayX12]

Weekly close above EQ of weekly OB
But 4240 gotta break to make a higher high
Expect us to test 4250 at least
Tomorrow Bitfinex is under maintenance for couple hours
Normally this puts volatility into the market
So will be interesting to see what happens


Ok going into HODLsleep now
Again
Good night WO’s and keep pumping THX

BobLaw will be dreaming of thumping green didoes.
night night! 

[infofront]

The first of many
Haiku Sunday, a great thing
Best thread got better

[jojo69]

no activity
a refresh yields nothing new
four hundred UT

[Lambie Slayer]

Actually a little worried about Virgin Roach. He hasn't eaten any cookies mummy has brought him all day. This bull market is gonna be really hard on him.

[Paashaas]

Bear market thoughts.

All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident.

-Arthur Schopenhauer-

[Lambie Slayer]

https://www.zerohedge.com/news/2019-01-06/what-gen-z-learned-millennials-skip-college


Gen Z is gonna have a lot more money to buy Bitcoin with. Their values are much more in line with sound money than millennials. Magic 8 ball says Bullish AF.

[Bitcoinaire]

[bones261]

Actually a little worried about Virgin Roach. He hasn't eaten any cookies mummy has brought him all day. This bull market is gonna be really hard on him.

   Don't worry. He can always cuddle up to his cold hard silver bars.

[Hueristic]

W0w I figured out the trick, don't look at the price for the days and then bam a dildo!

[Paashaas]

Actually a little worried about Virgin Roach. He hasn't eaten any cookies mummy has brought him all day. This bull market is gonna be really hard on him.

   Don't worry. He can always cuddle up to his cold hard silver bars.

Roach in his natrual habitat?

[Hueristic]

^^^--- still feeding the roach i see, nothing changes here.

Andrew deSantis FUD. Not linking it. dyor. carry on

edit akshooly will link, because obvious turd is obvious

https://twitter.com/deosbot/status/1081425158114590720

obvious rebuttal:

https://twitter.com/brian_trollz/status/1081461150439608320

Andrew appears to not only have deleted that post, but his whole twitter account(!?)

Oh. Well, that one, yes. https://twitter.com/deosorg/status/1081627409718407168

he retweeted this https://twitter.com/DanaSchwartzzz/status/1080888071552266242
If you pay me $50 I'll show up to your funeral but stand really far away, holding a black umbrella regardless of the weather, so that people think you died with a dark and interesting secret.

I like him somehow, but wish he was more straightforward. Some say it's acid...

edit: oh here is the original thread archived https://archive.vn/ozTUY

Now that is funny, I would probably go with a group that got together just to goto random funerals and hang back with umbrella's.
And got drunk afterwards of course.

[Hueristic]

Enough with the bitchez. Serious now.

What do you guys think about these pictures.



https://www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm


https://www.investopedia.com/insights/how-will-fed-reduce-balance-sheet/

These are FED's balance sheets.

The first one is where we are at now, the second one is what the FED wants it to be at in 2021.

FED destroyed $400billion since December 2017.

What do you think will happen when they reduce the balance sheets to $2.5trillion? If they printed all those money just to save banks... then what do they think will happen when they destroy all those money?

BTC to $100 or BTC to $1.000.000???

I think figures don't lie but liars figure.

[d_eddie]

In Toxic's wake, some commentary on my arrears - 6 pages to catch up for just a few hours! - but with real sM for a change: I got plenty after all the love.

Bcash clearly scam
Ver's hard fork failure from start
Be safe buy Bitcoin

An attractive young lady who can write bitcoin poetry and happens to be a hodler. I don't think I know anyone like that in RL. The WOT is improving. (No hetero)

Your old friend Jimbo may think
He's so great that his shit doesn't stink,
But the stench of his balls
Peels the paint off the walls
And leaves a brown stain in the sink.

 

Deliciously tasteless. Better than the pansy from Khartoum IMO.

2 of my favourites:

There once was an X from place B,
Who satisfied predicate P,
The X did thing A,
In a specified way,
Resulting in circumstance C. (anon)
~~~
There was an old man
from Peru, whose lim’ricks all
look’d like haiku — he

said with a laugh, “I
cut them in half, the pay is
much better for two.”
–Emmet O’Brien

also see https://en.wikipedia.org/wiki/Meta-joke

Two treats! New for me. As good and timely a find as usual.

[d_eddie]

I was tickled by V8's post on meta-limericks and meta-haikus.

First, five syllables
the middle line has seven
and five more to end.


Trying to elicit tears from one OG.

Am I allowed to say out loud that I think the Haiku form is shit and pointless? Though full marks for creativity.

They do not speak to me in any way whatsoever. I presume if one is steeped in Bushido it moves one to tears.

Most people here have limericks in their DNA, most of which have 'Nantucket' in there somewhere.

A pervert called gentlemand
had limericks mixed into his tea
he peeked in the cup
and peed, and threw up
and I didn't mention Nantucket.

[kenzawak]

Bitfinex and Ethfinex to Complete Data Migration to Dedicated Bare-Metal Servers on January 7th 2019

https://medium.com/bitfinex/bitfinex-and-ethfinex-to-complete-data-migration-to-dedicated-bare-metal-servers-on-january-7th-e4c16c7fa83c

"On Monday 7th January 2019 (time to be confirmed), Bitfinex and Ethfinex will be offline for a duration between three to seven hours as iFinex completes the final stage of its data migration to dedicated bare-metal servers."

https://cryptopotato.com/bitcoin-shorts-are-down-over-20-in-3-days-speculations-ahead-of-bitfinex-jan-7-maintenance/

"Bitcoin open short positions on BitFinex Exchange had lost more than 20% of their value over the past three days.

As of writing this, the amount of open positions is 26,812 BTC. This is the lowest level of open short positions since November 24, 2018. On January 2, just four days ago, the number of open short positions was 34,000 BTC.

... exchanges’ scheduled maintenance is an excellent opportunity for some Bitcoin price manipulations by whales. Hence, traders do not want to stay out of control and find their positions forced liquidation at the time Bitfinex will be back online.

However, the long positions had gained over 10% over the past three days, reaching a current high of 33,730 BTC open positions.

This could be very suspicious. As we always say – when the shorts are at their all-time high – expect a short squeeze. When the shorts are near their low levels – expect a long squeeze.

We do expect a move following the symmetric triangle formation in the Bitcoin’s chart, along with the past days’ consolidation period.

However, we definitely can’t say in what direction the move will take place. "

[d_eddie]

Actually a little worried about Virgin Roach. He hasn't eaten any cookies mummy has brought him all day. This bull market is gonna be really hard on him.

Don't wake sleeping dogs now, please. Infofront's just done with his chore, do we want dogshit all over the place again so soon?

[cool4y]

Bitcoin BTC is on the move. What surprise does the New Year will bring us? I'm hopeful that the volatility will be in the right direction this time.

[HairyMaclairy]

As Kenzawak notes above, long / short ratio super high for a bear market

[realr0ach]

https://sludgefeed.com/fortnites-retail-store-removes-monero/

Non-story, as Tim Sweeny admitted himself.

It was one of their payment processors "trying something out".

It's a great story.
Monero afficionados had five days in the sun.
Then reality hit them in the face like a bottle of Barolo

This is one of the major red flags of Last of the v8's and the rest of the Trilema shills - an anti-fungibility coin, anti-Monero stance.  No sane human would ever shill for a non-fungible, permissioned ledger, govt tracking system token that abolishes the 5th amendment, which is what bitcoin currently is.

I do have many problems with Monero, like in the case of it's cryptography imploding it just functions as a honey trap to then expose all transactions people thought were hidden (unless something has changed with it recently; I haven't kept up with it).  When I was there right at the beginning of Monero discussing it's parameters with people, I said it's emission schedule was insane too, because an actual economy has to be built around the tokens before the entire supply is mined out.  It was just way too frontloaded leaving it exposed to die like all PoW coins that get flash mined.

And of course transaction validators are designed to centralize just like bitcoin, defeating the entire point of it's existence.  Which is why they already changed PoW to try and fight it, meaning the coin has central bankers or a "benevolent dictatorship" like a linux distro.  None of these things are decentralized and can only be compared to an open source project like Firefox best case scenario.  Would you go all-in if Firefox started making Firefox dollars?  I would not, which is why I buy physical metals instead of craptocurrencies.