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

[Bossian]

Seems like Bitcoin has become a stablecoin at around $11,400 haha 

Because it is around a support at $11300 but at the same time the short term trend should be going down to circa $10800. Which means traders are not sure what to do. A lot of indecision. We have seen this before. Could remain around $11300-$11400 for a while.  Middle term trend is looking very nice though.

[El duderino_]

The average Joe is not financially savvy.
The average Joe has credit card debt.
The average Joe buys things that they can’t afford.
The average Joe does not save.
The average Joe does not invest in themselves.
 
Bitcoin is just way out of their league.

https://twitter.com/psychedelicbart/status/1161086418665529349?s=21

And I was lucky to been introduced properly into BTC

[El duderino_]

Goldman Sachs just called for a massive #bitcoin breakout. @BKBrianKelly gives his take.

https://twitter.com/cnbcfastmoney/status/1161027353163784197?s=21

Dammit nobody wants a CNBC outbreak call

[fillippone]

The average Joe is not financially savvy.
The average Joe has credit card debt.
The average Joe buys things that they can’t afford.
The average Joe does not save.
The average Joe does not invest in themselves.
 
Bitcoin is just way out of their league.

https://twitter.com/psychedelicbart/status/1161086418665529349?s=21

And I was lucky to been introduced properly into BTC

If ever the average Joe wants to learn Bitcoin he get his own thread on bitcointalk!

5 Resources to teach Average Joe about Bitcoin

[Millionero]

I'd like to follow this mass-spring model Kevin Raven's working on.
https://twitter.com/KevinR4v/status/1161001203926491137



Anybody got more information/links?
Yeah, I know I should just follow Raven; but I thought the Towering Intellects^TM here on WOT might want to contribute to the discussion.

[vroom]

bitcoin time traveler predicted Epstein's arrest and "suicide".



link to comment: https://www.reddit.com/r/Bitcoin/comments/a59o2v/i_am_the_bitcoin_time_traveler_ama/ebkzity/?utm_source=reddit&utm_medium=usertext&utm_name=Bitcoin&utm_content=t1_ewqv96d

[ChinkyEyes]

OK Wall Observers!

Time for some free shitcoins that we can dump en masse to pump up this puppy!

I've already earned $80 in free lumens, EOS, BAT & other shitcoins, although I admit some of them are actually very innovative, sophisticated & interesting, but I will probably wait for the next dip and then trade them all for BTC
Maybe I'll stake some EOS since that's fun.
With my reflinks, I can earn even more coins and tokens.
Do this, then you can invite your friends to do the same and you double your free tokens and coins.
If anyone wants to log in to the free coin giveaway with my reflink, I'd be grateful.
Just PM me for the link
NEW OR Existing customers can use any of these links.
Hurry, 2 of 7 coins have been all claimed.
Do a dump en masse at the next big dip and we can mini-pump up BTC - WIN-WIN!
It's worth having an account at Coinbase for all the freebies that keep coming, IMO, keeping just a little trading money & BTC in my wallets.
80% of my BTC is in my Trezor wallet.
https://www.coinbase.com/earn

how long did it take for your shitcoins to appear in your account?  I'm not seeing my goddamn free lumens goddammit

Immediately upon passing each quiz.

Very nice way to earn some free BTC. I've referred some of my friends and got about $100 worth of free BTC.

1 Do a shitcoin quiz
2 Receive shitcoins
3 Immediately sell for BTC
4
5 PROFITZ

[JSRAW]

Vroom I hope you are not taking this seriously but as a joke only.

Edited 4 hours ago and acknowledging Jeffrey Epstein incident.

[vroom]

Vroom I hope you are not taking this seriously but as a joke only.

Edited 4 hours ago and acknowledging Jeffrey Epstein incident.

well, I was under the impression that the screenshot was old but it's not. sorry for posting such crap

[fillippone]

OK Wall Observers!

Time for some free shitcoins that we can dump en masse to pump up this puppy!

I've already earned $80 in free lumens, EOS, BAT & other shitcoins, although I admit some of them are actually very innovative, sophisticated & interesting, but I will probably wait for the next dip and then trade them all for BTC
Maybe I'll stake some EOS since that's fun.
With my reflinks, I can earn even more coins and tokens.
Do this, then you can invite your friends to do the same and you double your free tokens and coins.
If anyone wants to log in to the free coin giveaway with my reflink, I'd be grateful.
Just PM me for the link
NEW OR Existing customers can use any of these links.
Hurry, 2 of 7 coins have been all claimed.
Do a dump en masse at the next big dip and we can mini-pump up BTC - WIN-WIN!
It's worth having an account at Coinbase for all the freebies that keep coming, IMO, keeping just a little trading money & BTC in my wallets.
80% of my BTC is in my Trezor wallet.
https://www.coinbase.com/earn

how long did it take for your shitcoins to appear in your account?  I'm not seeing my goddamn free lumens goddammit

Immediately upon passing each quiz.

Very nice way to earn some free BTC. I've referred some of my friends and got about $100 worth of free BTC.

1 Do a shitcoin quiz
2 Receive shitcoins
3 Immediately sell for BTC
4
5 PROFITZ

Beware of what you do with those newly earned BITCOINS guys.
Leave the alone and do not consolidate wit you other BTC stash.
Clearly mark those coins in your wallet not to be spent with other coins.
Use coin control. Every modern wallet allows you to control every UTXO ("coin") in your wallet. You can select and mark every coin not to be spent or mixed with other coin.

Otherwise the sequence goes on like that:
6.You get your coins in your KYC account,
7.You retrieve your coins to your private wallet
8.You spend your coins mixing them with your OLD coins
9.Coinbase knows you control also all the other funds.
10.US Government knows you control also all the other funds.

[VB1001]

Here is nothing free in this world.

[Bossian]

Vroom I hope you are not taking this seriously but as a joke only.

Edited 4 hours ago and acknowledging Jeffrey Epstein incident.

well, I was under the impression that the screenshot was old but it's not. sorry for posting such crap

How do you recognize if a screen shot is 1 day old or 8 months old?  

[vroom]

Vroom I hope you are not taking this seriously but as a joke only.

Edited 4 hours ago and acknowledging Jeffrey Epstein incident.

well, I was under the impression that the screenshot was old but it's not. sorry for posting such crap

How do you recognize if a screen shot is 1 day old or 8 months old?  

you can not I guess. but the screenshot was uploaded just 3 hours ago: https://imgur.com/YJypc3W

[Dabs]

Yes ... you can. Or maybe, you can't. But I can.

Dabs...sigh...

Sorry, tried to see if he'll ever make any sense, ...

[fillippone]

According to Coin Metrics' State of the Network, Bitcoin and Gold are becoming more and more correlated:

Prices are moving north in both cases:


Correlation is hedging higher toward historical maximums:

Looking at a plot of the prices of Bitcoin and gold can easily lead to the conclusion that there is some positive relationship. Correlation coefficients, a summary statistic that is simple to interpret and calculate, is commonly used to provide an objective measure of the linear relationship between two timeseries. Despite the widespread use of correlation and its ease of interpretation, it is prone to misuse. Some analysts mistakenly calculate correlation using the prices (or level) and not the returns (or changes) of the two timeseries. Such an analysis can lead to misleading conclusions. Our analysis uses daily returns to calculate an economically-meaningful correlation coefficient.

The actual data provides only moderate support for the safe haven narrative. An analysis of a 90-day rolling correlation indicates that the Bitcoin and gold return has historically been uncorrelated with values oscillating around zero. Interestingly, the correlation has been steadily increasing since the beginning of this year as theory would expect. Current correlation is +0.20 – high relative to its historical range and increasing, but still low on an absolute scale where correlation coefficients can range from -1.0 to + 1.0.

[hd49728]

BitKrabs, a beast, who stole money of naive guys, and vanished yesterday.

Be careful, newbies!

You likely knew or did not know about that guy (BitKrabs on Twitter), but his scam story and his art of scam deserve to have a warning here, especially for crypto newbies.

I think we should contribute what we know about scammers' strategies in order to help the crypto world as clean as possible. They always appear and change their strategies over time, but it is valuable to take a look at BitKrabs case.

He bet with Binance CEO on bitcoin future, and he bet 10 BTC that he chose Bitcoin will fall below $8k.
https://bitcoinist.com/whale-bets-binance-ceo-10-btc-that-price-will-drop-below-8k/

He also claimed that he manage a huge funds of bitcoin, and yesterday terrible thing occured when he vanished with bitcoin of naively crypto investors.
His Twitter channel deleted too.

Be careful, extremely careful before you give your money to other hands!

[Icygreen]

Early morning edumakation time.  Simon Dixon is one of my favorite voices in this space and here he shares his theory on how BTC could become the world's reserve currency by 2020.  Bullish, HODL!
 
https://twitter.com/SimonDixonTwitt/status/1161185149784154113

https://www.youtube.com/watch?v=4oofk-i4uRM

[podyx]

How much we dropping guys?

[somac.]

How much we dropping guys?

I'd say that is it for now.

[Paashaas]

https://coinmetrics.substack.com/p/coin-metrics-state-of-the-network-fe6