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

[El duderino_]

snip-
@nutildah, its this beer?

Nice beer, I felt thirsty when I saw the cold beer you've been shown.
I'm not nutildah but maybe we're just the same, I'd like to drink beer too.

Btw, Is there xhomerx10? I just want to say thank you to him for a nice hat.

If you want to give me an idea of what you would like by sending me a PM I will make one for you.

avatar-sized

I will wear this once my avatar space is free.
Am I welcome here?

For damn sure you are, Nice HAT btw

[Globb0]

Youre back

[El duderino_]

good early morning WO’s

US government debt.

1998: $5.5 trillion
2008: $10 trillion
2018: $21 trillion

US government debt as share of GDP.

1998: 60%
2008: 67%
2018: 107%

This ship is taking on water.

Buy bitcoin, buy your lifeboat. 🚣‍♀️

https://twitter.com/alecziupsnys/status/1104819566163701762?s=21

[El duderino_]

Youre back

Sometimes a DUDE gotta sleep ..... (but wake up very early, travel day , up to the next place)

[Globb0]

[El duderino_]

via Imgflip Meme Generator

https://twitter.com/100trillionusd/status/1104702609531830272?s=21

^
It implies that btc will steadily rise towards $8000-10,000 to reach RSI 70 at May 2020 halving

*hope its gonna go faster though... *

[El duderino_]

What team is that?
Lower class football??
See it difficult on my cellphone you take a portret photo ?

[El duderino_]

@globbo, can’t make much of it on my cell....
I do read manchester Utd on your paper that you hold, but thats of-course not the stadium and they didn’t player lower class teams that i saw lately....

[Last of the V8s]

saracens Allianz Park

edit: oh mebbe not

[Toxic2040]

Dog howls at the Moon
crab arm raised in defiance
soon higher we fly

3h

#stronghands'19

[El duderino_]

saracens Allianz Park

edit: oh mebbe not

The colours do look that way (never heard of that )

[HairyMaclairy]

[El duderino_]

Green dildo while early wake up NICE

Saw a good LFC win as well NICE

[Last of the V8s]

Woking FC Kingfield Stadium

[Last of the V8s]

It’s an interesting chart.  But the wallet is now empty and the last move was 1 March.  So it seems any influence that wallet could have is now gone

Given the size I wonder if it is an exchange cold wallet and those coins have now all gone to strong hands.  

I am kind of with you Hairy, but March 1 is not that long ago, and all 60k coins put on one exchange, perhaps?  Would have to be a real liquid exchange to absorb that many coins with hardly a blip downwards in the BTC price.

We cannot completely rule out that those coins have not been traded yet, or only a fraction of them have been traded, so far.

It would be great if those coins had already got absorbed by the market, but what are the chances?  50% at best?

I followed the coins one hop.  They go to here:  https://bitinfocharts.com/bitcoin/address/bc1qyy30guv6m5ez7ntj0ayr08u23w3k5s8vg3elmxdzlh8a3xskupyqn2lp5w This wallet has had 330,000 BTC pass through it but its balance is always kept low.  The big 1000 BTC transactions get shattered into thousands of smaller transactions  in that wallet, with outgoing transactions every few blocks.  This definitely looks like hot wallet  behaviour.  

I am 90% confident that we are looking at the cold wallet of an exchange with a linked hot wallet one hop away.  So yes, the coins have been absorbed by the market.  

 

nice follow

is HitBTC
https://oxt.me/address/bc1qyy30guv6m5ez7ntj0ayr08u23w3k5s8vg3elmxdzlh8a3xskupyqn2lp5w

[Last of the V8s]

meanwhile Arthur is 'hodling' ~1.1% of all the money 'for' ~18000 'users' https://oxt.me/entity/bitmex

[HairyMaclairy]

So the geniuses at 4chan have been charting the HitBTC cold wallet?

That’s beautiful.  

Hypothesis:  major exchange cold wallets are running low on coins as the market bottoms and coins move to strong hands. Supply is being constrained.

Would be worth checking if Bitstamp / Bitfinex wallets are looking a bit thin.  

Edit:  note very slight recent dip in Bitmex wallet V8 post above.

[Last of the V8s]

4chan memes tho
https://oxt.me/entity/bitstamp
https://oxt.me/entity/tiid/788974968
wallets looking phat tho

https://oxt.me/directory
binance also 'has' money
polo has a grand lololol ded

[El duderino_]

https://cryptobenelux.com/2019/03/10/samsung-pay-integreert-cryptocurrencies-en-maakt-het-voor-10-miljoen-gebruikers-beschikbaar/

Samsung making it easy for 10mil user to use payment systems with crypto, (and not only ETH) .....

[El duderino_]

Cryptocurrency is not so much about monetary economics as it is about optionality, something that only the rich and powerful had exclusive access to and which was wielded to perpetuate the class structures that limit opportunity to a privileged few.

twitter.com/Mad_Science_Gu…

https://twitter.com/dexter_valkyrie/status/1104537567163310080?s=21