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

[JayJuanGee]

btw, i'm way the fuck behind again.

You need to take a hint from "every"one else to either employ the services of a team, a bot and/or a sex doll. 

We are no longer in the 90s.....  get with the program.... 

[xhomerx10]

Just put everyone on ignore.  You'll get to the last page much more quickly

[LFC_Bitcoin]

Nobody quote homer please.

Thanks!

[kurious]

Last night with my babe to celebrate the 10K$ again  

Jealous drivel...  Comme d'habitude.
It hasn't a chance in hell of ever being in a scene like that.

(Misogynist drivel)

Cause of r0ach I beat up my GF on daily base and keep her locked up in a basement on chain, feeding her bread and water.... Damn life get so much more boring around here....

Should I keep listening to the all knowing r0ach??

Just don't quote it, that thing loves it.  You can answer it if you must, Mic - but why make everyone see the shit it says - and make it happy?   Try it, mate - it's the only thing guaranteed to make its nonsense pointless.  It is just beyond help - a nasty little cancer that needs surgical removal.

[JayJuanGee]

Last night with my babe to celebrate the 10K$ again  

Jealous drivel...  Comme d'habitude.
It hasn't a chance in hell of ever being in a scene like that.

You must be trolling.  It might be okay if this broad just wandered in off the street or something, but much like Trollgoossens, you can tell this guy puts in way too much work for it.  That goes with the territory of any modern, western woman. .

Cause of r0ach I beat up my GF on daily base and keep her locked up in a basement on chain, feeding her bread and water.... Damn life get so much more boring around here....

Should I keep listening to the all knowing r0ach??

Don't bruise her up too much because you are going to need to create a perfect replica, first.  

Didn't you get the memo about preferability of BOT team members?  They never disobey nor do they make typos nor bad engwish in their posts, either.  

[kurious]

And meanwhile Bitcoin
Spikes up nicely to ten four
That is much better

[Hueristic]

source: howmanyconfs.com

FYI, this is a worthless metric.

Could you elaborate more on this?
I strongly disagree as the security implied in Bitcoin (ledger costliness) is one of the main value proposition for bitcoin imho.

Who would Store Value on an insecure blockchain?

This does not correctly represent the relative relationship of the security chains. Which is not to say I disagree with your statement.
I'll try to find a link for you later after I catch up a bit.

[Hueristic]

Just put everyone on ignore.  You'll get to the last page much more quickly

Shit half the time I can scroll a whole page practically thats ignored!

btw, i'm way the fuck behind again.

You need to take a hint from "every"one else to either employ the services of a team, a bot and/or a sex doll.  

We are no longer in the 90s.....  get with the program....  

Ohh shit man you killed me with this one!!!!!

I'm am literally laughing out like a lunatic by myself right now!
I never actually laugh out loud, its a rare thing.

Nobody quote homer please.

Thanks!

Ohh crap, too late!

It doesn't need to be tested, it is just among the possibilities. Unless the price stays under the 200DMA for a considerable amount of time, it will be bullish.

See that chart:

https://www.tradingview.com/chart/DL4HQwBW/

As long as the orrange line looks upwards, we are fine. (sideways is fine too but i would start to worry at that point)

edit: I just realized i can't share tradingview links that way.

Just see this pic then:

I like this chart.

[criptix]

We closed above 10,2/3 k resistance zone - im bullish again 


Something amazing here:

https://www.youtube.com/watch?v=EzXM2x6rQhs

[fillippone]

source: howmanyconfs.com

FYI, this is a worthless metric.

Could you elaborate more on this?
I strongly disagree as the security implied in Bitcoin (ledger costliness) is one of the main value proposition for bitcoin imho.

Who would Store Value on an insecure blockchain?

This does not correctly represent the relative relationship of the security chains.
I'll try to find a link for you later after I catch up a bit.

Thank you.

This is how I discovered this website.

https://twitter.com/lopp/status/1122850107685310464


I don't want to fall into the "appeal to authority" (one of the most common logical fallacy), but I think Jameson Lopp knows how these things work.

[realr0ach]

Don't get why people just don't put Roach on /ignore.

Roach is happy he does not have to deal with me.

We have already formed consensus without you.

[Raja_MBZ]

[fillippone]

This is impressive.
I mean: what will happen after May 2020 when the supply of Bitcoin will be halved overnight?

Back of the envelope Calculations:

Average Bitcoin price during lat 90 days =  7,500 USD
Mined Bitcoin during last 90 days= 12.5*90*24*6=162,000
Cashapp Sales = 150,000,000 USD

so, Cashapp Sales in BTC = 150,000,000/ 7,500 = 20,000

Basically Cashapp bought more than 12% of total Bitcoin supply.
CashApp only.
After the halving 6% will turn into 24% because of the supply reduction.
This with a flat growth in the next 4 quarters.
Not bad, really not bad.

[realr0ach]

what will happen after May 2020 when the supply of Bitcoin will be halved overnight?

It's almost as if you're describing a Ponzi scheme.

[Hueristic]

Thank you.

This is how I discovered this website.

https://twitter.com/lopp/status/1122850107685310464


I don't want to fall into the "appeal to authority" (one of the most common logical fallacy), but I think Jameson Lopp knows how these things work.

I researched it back then and think I even saw where the author said it was a poor metric but I can't remember right now. Security is comprised of a litany of metrics and they are not really linear across algorithms as well. BTW,, I am a fan of Lopp's posting and data correlationals and as you can see he is using it to compare apples to apples by only showing the sha-256 coins.

the next 30 days direction probability of btc price action, I think is split 50-50 between going up around 11,000 or down to the 9000 area.  

I just put a chunk of my btc holdings into celsius.network to earn interest, so I want it to go up to get better interest.
The interest is paid in btc, but I'm gonna sell for fiat the interest payments as I receive them.
The suspense is building.

Wait, so according to this your going to get 478.50 per BTC per year for letting them have your coins?

I think you are too trusting.

https://celsius.network/earn-interest-on-your-crypto/

[HairyMaclairy]

My leveraged DCA that I started a month ago has flipped into the green.

Which is distressing if the trend holds because my purchase tomorrow will start to push the average entry point up!

I’ve never been so sad to have Bitcoin gains.  

[fillippone]

what will happen after May 2020 when the supply of Bitcoin will be halved overnight?

It's almost as if you're describing a Ponzi scheme.

This is a cheap objection and you are too smart not to understand why.
I won't indulge in this anymore.

[Raja_MBZ]

what will happen after May 2020 when the supply of Bitcoin will be halved overnight?

It's almost as if you're describing a Ponzi scheme.

[realr0ach]

what will happen after May 2020 when the supply of Bitcoin will be halved overnight?

It's almost as if you're describing a Ponzi scheme.

This is a cheap objection and you are too smart not to understand why.
I won't indulge in this anymore.

No, it is not a cheap objection.  Anything based on artificial scarcity is a Keynesian scam.  Always has been.  Always will be.

[El duderino_]

Introducing the Bitcoin Difficulty Ribbon. When the ribbon compresses, or flips negative, these are the best time to buy in and get exposure to Bitcoin. The ribbon consists of simple moving averages on mining difficulty so we can easily see the rate of change in difficulty.

via Imgflip Meme Generator

https://twitter.com/woonomic/status/1156968533462413313?s=21