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

[cryptjh]

92 Sats per Cent ($0.01 US Dollar) also knowns as the Reverse bitcoin price chart
https://twitter.com/ChartsBtc/status/1143164898278383617

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[El duderino_]

On August 24, 2018 I called for Bitcoin to drop 50% to $3k before rallying back over $10k.

That call was deadly accurate and allowed Morgan Creek Digital to buy the dip.

Here is my next price target.

offthechain.substack.com/p/bitcoin-is-l…

https://twitter.com/apompliano/status/1143131557827211266?s=21

He must read the W.O.

Duuuuh where else would he get his info.... he reads the HM overlay and sh*t

[Raja_MBZ]

https://gallery.fitbit.com/details/7a16871b-5016-4adb-9f33-bfd793e50d4c
^

Not a fan of smartwatches but this Fitbit seems very interesting. It looks so easy to design and integrate any sort of code you want into it (https://dev.fitbit.com/), just like the one you shared (AcidClock) which shows you the BTC (and some other crypto) values in real-time.

[El duderino_]

https://gallery.fitbit.com/details/7a16871b-5016-4adb-9f33-bfd793e50d4c
^

Not a fan of smartwatches but this Fitbit seems very interesting. It looks so easy to design and integrate any sort of code you want into it (https://dev.fitbit.com/), just like the one you shared (AcidClock) which shows you the BTC (and some other crypto) values in real-time.

Yeah same for me I have that Iphone watch but never wear it, I prefer my other pieces more 

But as you say its just a sweet gadget

[El duderino_]

Reich up your street: Viral sensation ‘Hitler House’ available to rent

https://www.rt.com/uk/358665-hitler-house-swansea-viral/

r0ach moving out?

[CryptoNeed]

Reich up your street: Viral sensation ‘Hitler House’ available to rent

https://www.rt.com/uk/358665-hitler-house-swansea-viral/

r0ach moving out?

So dumb. I lol'd.

[cryptjh]

Since bitcoin was created, we have only seen 70 days where the price of bitcoin was higher than it is right now.

https://steemit.com/bitcoin/@jrcornel/bitcoin-fun-fact

[realr0ach]

Befehisleiter:  The turkey is in the pot.  I repeat, the turkey is in the pot.

[marcus_of_augustus]

2017 version of my better half: "Why you did not sell [some number] at 10K, you promised, you promised."
2019 version of the dialogue: "Should I, hon?" "Oh, no, keep it, don't you dare."
Got myself a "keeper"   .

it's possible that he sold some calls...I distinctly remember him selling some puts before (not sure if it worked out or not).

You referring to Trace Mayer, Biodom?  

Are you suggesting that he is talking his book?  or his analysis is off in some kind of way?  

Personally, I would suggest that Trace Mayer's analysis is off because it seems to suggest a kind of gradualism in the coming months and even years.  I know that he is showing how fair value progresses, but bitcoin does not tend to progress in any kind of short-term gradualism.

Perhaps, the former, but maybe also the latter as you discussed.

Trace doesn't really strike me as a guy who talks his book.  I mean he got in when the price was in the single digits, and I believe, even fractions of a dollar, so I get the sense that he has quite a surplus of wealth in the sense that additional wealth is not something that motivates the way that he talks about bitcoin, except to mostly be a bull.  There is a bit of sense that he might be suggesting that BTC's market is a little bit overheated at the moment. 

Even the price points that he mentioned in his chart, left out December 2018, which would show BTC bouncing from an even more dire situation to its current over-exuberant status , which again show how wild, outrageous and quasi-unpredictable bitcoin can act.  It is quite possible that bitcoin goes into a kind of "very overvalued status" (which would be light blue), and then corrects back down to get a second bubble post halvening.. which would make sense in a kind of early and late 2013 scenario playing out over the next two calendar years.

I think that Trace Mayer is no dummy, so he recognizes the vast array of possibilities, and likely mostly HODLs through the vast majority of these price UPs and DOWNs while skimming some profits off of the top, here and there to support whatever living expenses that he has and any extra business ventures that he considers getting into on the side of his having fun with ongoing bitcoin evangelism activities.

Trace talks his book. e.g. runtogold.com

[realr0ach]

Trace talks his book. e.g. runtogold.com

He apparently doesn't understand what the word "tangible" means.  Just another pump and dump scammer trying to get people to buy his imaginary, valueless, permissioned ledger, digital shitcoin scam that doesn't exist anywhere except in your imagination.  He compares digital shitcoins to gold hoping goyim idiots will be stupid enough to believe they're the same thing when they're not:

[marcus_of_augustus]

I love empty 2 GB blocks.

What people fail to realize is a paid subscription service that copies data hourly from an existing website (http://OpenWeatherMap.org ) and pastes it into BSV blocks accounts for 98.4% of BSV transactions over the past 30 days

Beautiful. That's worth the hundreds in disk space that I have to pay for to maintain my blockchain history. I love keeping track of the weather.

they forked to a shitcoin version that removed spam protection .... and guess what? ... it's getting spammed to death.

whoulda thunk eh?

[JayJuanGee]

Since bitcoin was created, we have only seen 70 days where the price of bitcoin was higher than it is right now.

https://steemit.com/bitcoin/@jrcornel/bitcoin-fun-fact

For anyone interested, right here on this forum, dooglus provides a more accurate update in 5 currencies for the top 100 days on a regular and rolling basis.

https://bitcointalk.org/index.php?topic=138109.msg51586144#msg51586144

[realr0ach]

[dyask]

Trace talks his book. e.g. runtogold.com

He apparently doesn't understand what the word "tangible" means.  Just another pump and dump scammer trying to get people to buy his imaginary, valueless, permissioned ledger, digital shitcoin scam that doesn't exist anywhere except in your imagination.  He compares digital shitcoins to gold hoping goyim idiots will be stupid enough to believe they're the same thing when they're not:

Almost all modern money is intangible with the exception of a very small amount of it being currency which is mostly printed on almost worthless paper.   Metals are tangible but they also aren't really money anymore.   Just look at the horrible performance of metals over the past few decades.   Here is a site that can help with that. https://inflationdata.com/Inflation/Inflation_Rate/Gold_Inflation.asp



Gold ... a pretty stupid investment!

P.S.  No wonder roachy looks so grim.

[realr0ach]

^Nobody needs to see retard drivel and lies claiming metals are not tangible and bitcoins are.  Cry and lie as much as you want, it's 100% impossible for imaginary, valueless, designed to centralize, permissioned ledger digital shitcoins to defeat metals on Exter's pyramid.

[JayJuanGee]

2017 version of my better half: "Why you did not sell [some number] at 10K, you promised, you promised."
2019 version of the dialogue: "Should I, hon?" "Oh, no, keep it, don't you dare."
Got myself a "keeper"   .

it's possible that he sold some calls...I distinctly remember him selling some puts before (not sure if it worked out or not).

You referring to Trace Mayer, Biodom?  

Are you suggesting that he is talking his book?  or his analysis is off in some kind of way?  

Personally, I would suggest that Trace Mayer's analysis is off because it seems to suggest a kind of gradualism in the coming months and even years.  I know that he is showing how fair value progresses, but bitcoin does not tend to progress in any kind of short-term gradualism.

Perhaps, the former, but maybe also the latter as you discussed.

Trace doesn't really strike me as a guy who talks his book.  I mean he got in when the price was in the single digits, and I believe, even fractions of a dollar, so I get the sense that he has quite a surplus of wealth in the sense that additional wealth is not something that motivates the way that he talks about bitcoin, except to mostly be a bull.  There is a bit of sense that he might be suggesting that BTC's market is a little bit overheated at the moment. 

Even the price points that he mentioned in his chart, left out December 2018, which would show BTC bouncing from an even more dire situation to its current over-exuberant status , which again show how wild, outrageous and quasi-unpredictable bitcoin can act.  It is quite possible that bitcoin goes into a kind of "very overvalued status" (which would be light blue), and then corrects back down to get a second bubble post halvening.. which would make sense in a kind of early and late 2013 scenario playing out over the next two calendar years.

I think that Trace Mayer is no dummy, so he recognizes the vast array of possibilities, and likely mostly HODLs through the vast majority of these price UPs and DOWNs while skimming some profits off of the top, here and there to support whatever living expenses that he has and any extra business ventures that he considers getting into on the side of his having fun with ongoing bitcoin evangelism activities.

Trace talks his book. e.g. runtogold.com

Fair enough...

I do find Trace to be a quite credible and informative source.  Of course, any person is going to have some of their biases based on personal experiences, but overall Trace provides a lot of good, credible and thought provoking bitcoin related information.

Also, don't get me wrong, I don't believe in sorcerers, so I am willing to take any person with a decent grain of salt, even though I do tend to find some people to be more credible than others. 

I will admit that one thing that bothers me about Trace is his tendency to expect people to have more time and abilities than they have to protect their wealth in various kinds of ways in that regard he is likely a lot more anti-government and libertarian than me, but I do not necessarily need to agree with someone completely in terms of their various ideologies in order to find a lot of value in their representations of fact, logic and speculations about such facts and logic.

[marcus_of_augustus]

Trace talks his book. e.g. runtogold.com

Fair enough...

I do find Trace to be a quite credible and informative source.  Of course, any person is going to have some of their biases based on personal experiences, but overall Trace provides a lot of good, credible and thought provoking bitcoin related information.

Also, don't get me wrong, I don't believe in sorcerers, so I am willing to take any person with a decent grain of salt, even though I do tend to find some people to be more credible than others.  

I will admit that one thing that bothers me about Trace is his tendency to expect people to have more time and abilities than they have to protect their wealth in various kinds of ways in that regard he is likely a lot more anti-government and libertarian than me, but I do not necessarily need to agree with someone completely in terms of their various ideologies in order to find a lot of value in their representations of fact, logic and speculations about such facts and logic.

I'd agree with all that.

[JayJuanGee]

Yeah... right roach..       you sure are the smartest mother fucker in the room.   


I would trust you to advise me about what does and does not have value in terms of present value and future value.






#NOT/

[Dabs]

It's impossible to defeat metals on Exter's pyramid. But who else uses a defunct pyramid except gold bugs? It's dead ...

[realr0ach]

Here JayJuanGee, you can print this and put it up on your wall to pretend you own some type of assets: