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

[Dunkelheit667]

Inspired by HairyMaclairy, I fed Excel with some data and generated this spreadsheet. I'm sure it's just noise. However...   If you sold BTC on Tuesday before the expiry of the future and used the fiat to buy BTC on the expiration day (Friday), you could on average buy 2.5% more BTC back. If you used 1 BTC for this kind of accumulation in 2018, this would have resulted in 1.3 BTC by the end of the year. In 2019 (starting again with 1 BTC) in 1.22 BTC so far.

I'm working on a similar spreadsheet for the first, second and third week of the month, let's see what these look like...

Time for my hodl sleep.

Well, this was fun, a lot of noise. However...   If someone sold BTC on Tuesday two weeks before the expiry of the monthly CME Future and used the fiat to buy BTC on the same week on Friday, he/she/it could on average buy 2.98% (2018) or 2.36% (2019 so far) more BTC back.

Rinse and repeat in the expiration week and add another 2.50/2.22%.

Noise:

[realr0ach]

Ross got caught planning a murder with an undercover cop. Fuck Ross.

Except there was not one, but TWO dirty cops working the case and tampering with/forging logs and evidence, which in any other trial would have caused it all to be thrown out.  The only people for who it's even possible to know if that charge is true are the dirty cops and Ross Ulbricht himself.  The charge is a black box in other words which is undecipherable by anyone in the real world.  The duty of the court is to err on the side of letting guilty walk free over letting innocents go to prison if evidence is lacking and it's nothing more than a coin flip.

But he obviously did do illegal things and was caught, yet he tried to plead not guilty, so instead of throwing out the entire case of the state due to tainted evidence, they just rigged the case to auto convict him for all charges.  If he pleaded guilty to something like assisting drug distribution but not attempted murder, then it might have worked out better for him, but maybe not.

[jojo69]

You can't never predict the price of the bitcoin...

[mindrust]

We are back in the accumulation zone. More time to increase your stash before the halvening. I am fine with that.


https://www.moonmath.win/

[dragonvslinux]

As for the most recent poll, I'd say between $8,500-$9,000 based on the following analysis. Either that or sub $8K in a bad way.




Also a 5 Part TA series on descending triangles from last couple of weeks, breaking down the breakdowns on Bitcoin's price history.
Half of them are playing out nicely. The others aren't wrong yet either. Thought this might be the sort of place to share them. I have no cap though sorry.

Own work: dragononcrypto

[jojo69]

The truth is treason
To an empire of lies
Power in numbers

From my science side, I agree we need to stop trashing the planet. I don't want to breathe Asia's burnt chemical garbage into my lungs nor eat their plastic ocean waste whenever I want seafood. I think we all agree on this part.

so much this

Climate doesn't matter, all you have to to is tear you eyes off of your fucking 3" screen and look the fuck around you to see that we are being totally irresponsible.  So many people that purport to be "conservative" treat the natural world like some magic inexhaustible daddy's wallet they can just keep mooching off forever.

[Globb0]

Hmm

I'm hopping for this chart

[jojo69]

We are back in the accumulation zone. More time to increase your stash before the halvening. I am fine with that.


https://www.moonmath.win/

[LFC_Bitcoin]

Wake up you lazy FUCKING bulls, these are cheap coins right here. What are you guys waiting for?
Time to buy now or cry later !!!!

Get up off your asses!

[Gyrsur]

[BitcoinGirl.Club]

LOL Epic 🤪

By the way,
Good morning WO!
Observing @ $8,020
5 digits please!!!!!!!!!!!!!!!!!!

[El duderino_]

Would be the dumbest move ever...... if the bottom is in ?? You don’t wanna be left behind with some lame paper stacks

[Biodom]

Would be the dumbest move ever...... if the bottom is in ?? You don’t wanna be left behind with some lame paper stacks

Especially since Gemini, for example, pre-credits your buy.
Essentially, you say "transfer X $$", then these $$ (up to a substantial sum) are available for btc purchase immediately, which is very convenient.

[El duderino_]

[Ibian]

The Greta Thunberg Helpline has been launched to provide counseling services to middle aged men



More information here: https://youtu.be/gl99R6FM5s8

Not the child. Her parents. The child is a victim.

[Ibian]

Anyone else feel like Greta's speeches sound rehearsed? I don't know, the way she talks creeps me out.

There is a clip of her off-script. She has nothing to say on her own.

[El duderino_]

[El duderino_]

Bitcoin vs. Bitcoin SV in a nutshell.

https://twitter.com/fluffypony/status/1178319864970256384?s=20

  haha nice one lol

[Lambie Slayer]

In November 2018 we broke down sharply from 6k on Nov 14, it lingered range bound for 5 days around 5500 and on the 5th day it plummeted to the 4ks.

For those seeing thinking the breakdown of 9k is analogous to the 6k breakdown last winter, it should be noted we have lingered for 5 days around 8k since the 9k breakdown and if its a similar pattern we can expect a sharp drop very soon, maybe today.

Holding in this area is critical to avoid further massive damage to price.

Be safe out there.

[mindrust]

We are used to it. Going back to $5k or even $3k at this point doesn't mean anything to me other than "cheap coins". We already survived it once, we can do it again.