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

[Dabs]

So ... I only need 5 corns to be a millionaire in 2021? Gotta go get 10 then.

[ivomm]

Another day going sideways with several upward attempts. And another day with good bakkt volume - so far 920 BTC. After the slow start, the volume increased dramatically in the last 10 days and hopefully it will increase even more henceforth. Notice that the volume chart is very similar to the price chart.



My explanation is that the price formation on the major exchanges is in a delicate balance and such volume is commensurate with half of the daily mined bitcoins. Considering that these bitcoins are bought from these exchanges and deposited into bakkt, this is breaking the balance in the right direction. The effect is like the halving already happened and nobody knows it. Short positions are vulnerable because of the scarsity and their liquidations are making the domino effect on the price. And after 6 months, when the halving happens and real FOMO starts,  nobody will be able to stop the new ATH storm! (With regard to the poll, I have the feeling that the first ATH will come around the halving.) Good times are coming for the HODLERS!  

[fillippone]

Another day going sideways with several upward attempts. And another day with good bakkt volume - so far 920 BTC. After the slow start, the volume increased dramatically in the last 10 days and hopefully it will increase even more henceforth. Notice that the volume chart is very similar to the price chart.



My explanation is that the price formation on the major exchanges is in a delicate balance and such volume is commensurate with half of the daily mined bitcoins. Considering that these bitcoins are bought from these exchanges and deposited into bakkt, this is breaking the balance in the right direction. The effect is like the halving already happened and nobody knows it. Short positions are vulnerable because of the scarsity and their liquidations are making the domino effect on the price. And after 6 months, when the halving happens and real FOMO starts,  nobody will be able to stop the new ATH storm! (With regard to the poll, I have the feeling that the first ATH will come around the halving.) Good times are coming for the HODLERS! 

I think the answer is a little bit less poetic and a little bit more technical. BAKKT  finally onboarded a few more clearer (I think there are four right now)on the warehouse allowing more clients to access their product (clearer are the institutions that can actually move the bitcoin into and out of the warehouse).
So basically more clearers means more end users being able to trade then more volumes!

[jojo69]

Let's remember Ira never visited his very ill brother once, not in hospital or at home.

no protagonist in this sordid drama

I really hope that self absorbed retard suffers from suicidal depression.

[_javi_]

Mic, where did you go in Bohol? Do you remember?

-Alona beach, south Bohol
-Tarsier Sanctuary
-Bohol bee farm
-Chocolate hills
-And so on.....
-Scooter cruising

Cool. So far I've only been to Alona Beach. Its pretty nice. I wish I could have sat and drank at one of those dozen or so beachfront bars, but alas I'm not really a tourist and still have work to do on a daily basis. Did you manage to actually catch a glimpse of the Tarsier? I will definitely do Chocolate Hills one of these days, don't really care for bee farms...

My lady friends really enjoyed Alona. Will probably have to go back again sometime.

whats wrong with the oceans?? Sargassum in Philippines beaches?? I thought it was a caribbean exclusive..

[Hueristic]

Havent had time to post about corn lately, too busy in line getting my Popeyes.

via Imgflip Meme Generator

what much price @Lambie i want it bad think of only eating you we are not

Sir I paid a very reasonable 3.99 filthy US Dollars for this ambrosia of the ghetto, but some were willing to pay with their lives.

https://abcnews.go.com/US/man-stabbed-death-fight-popeyes-chicken-sandwich-police/story?id=66758004

He died for what he believed in, most cant say the same.

https://www.youtube.com/watch?v=bOIzxtPCck0

https://www.youtube.com/watch?v=z5Yg0-_p8RM

[Gyrsur]

try to give you something back. 

[Hueristic]

Havent had time to post about corn lately, too busy in line getting my Popeyes.

via Imgflip Meme Generator

what much price @Lambie i want it bad think of only eating you we are not

Sir I paid a very reasonable 3.99 filthy US Dollars for this ambrosia of the ghetto, but some were willing to pay with their lives.

https://abcnews.go.com/US/man-stabbed-death-fight-popeyes-chicken-sandwich-police/story?id=66758004

He died for what he believed in, most cant say the same.

https://www.youtube.com/watch?v=bOIzxtPCck0

https://www.youtube.com/watch?v=z5Yg0-_p8RM

What I want to know is why in most of Ireland do only 30-40% of the population identify as "Irish"? What else could they be identifying as? I could make a dumb joke about alcoholism but I'll refrain.

That was my thought as well.

https://cointelegraph.com/news/one-whale-was-behind-bitcoins-2017-bull-run-claim-researchers

“Simulations show that these patterns are highly unlikely to be due to chance. This one large player or entity either exhibited clairvoyant market timing or exerted an extremely large price impact on Bitcoin that is not observed in aggregate flows from other smaller traders.”

It was common knowledge price would pump after a large creation of Tethers but it was never proven whether they were fraudulent coins or not as far as I know. If there is actual proof now then someone link me please.

[fillippone]

So ... I only need 5 corns to be a millionaire in 2021? Gotta go get 10 then.

The point is: we will be millionaire, ok, but in monetary terms only.
How much is a liter of milk (or a gallon, it depend where you live- I have no idea what a gallon is) is when bitcoin is 3,000,000 after 2028 halving? 20,000 USD maybe?
Bitcoin will surely go into the millions, but we are measuring stuff with a shorter and shorter meter: in the 2028 USD will be rotting like the VES today.

[kurious]

Maybe someone can explain about Northern Ireland to those who don't understand, please?

[Last of the V8s]

Maybe someone can explain about Northern Ireland to those who don't understand, please?

[Biodom]

https://cointelegraph.com/news/one-whale-was-behind-bitcoins-2017-bull-run-claim-researchers

“Simulations show that these patterns are highly unlikely to be due to chance. This one large player or entity either exhibited clairvoyant market timing or exerted an extremely large price impact on Bitcoin that is not observed in aggregate flows from other smaller traders.”

"I am not saying that it was aliens"...

[gembitz]

Havent had time to post about corn lately, too busy in line getting my Popeyes.

via Imgflip Meme Generator

 

stabby mcstabberson wants in!! yeeee

[Negotiation]

China went over half a decade without disclosing their gold accumulation until they announced a surprise 57% jump in reserves during 2015.

How long will they go without disclosing their bitcoin holdings? 🤔
source: https://twitter.com/Rhythmtrader/status/1191745804517687298

[jojo69]

Maybe someone can explain about Northern Ireland to those who don't understand, please?

[Negotiation]

Maybe someone can explain about Northern Ireland to those who don't understand, please?

@jojo69 this is cut on movie allotment  ?

[El duderino_]

via Imgflip Meme Generator

[El duderino_]

#bitcoin valued in gold instead of fiat $

BTC = 6 ounces of gold

S2F relationship still looking good!
- 99% R2
- same fractal dimension: 3.3

via Imgflip Meme Generator

https://twitter.com/100trillionusd/status/1191759339708661760?s=21

[degxtra1]

https://cointelegraph.com/news/one-whale-was-behind-bitcoins-2017-bull-run-claim-researchers

“Simulations show that these patterns are highly unlikely to be due to chance. This one large player or entity either exhibited clairvoyant market timing or exerted an extremely large price impact on Bitcoin that is not observed in aggregate flows from other smaller traders.”

Ah, so, that was @market manipulation@ ?

[DaRude]

Dave died alone and poor with no assets

Wrong, Dave had 350,000 BTC which his idiot brother disposed of.

half of all of IP

how much is half of 0, CSW has zero IP this days

First of all learn to use quotes, then if you want to be taken seriously and don't want to be with r0ach on the ignore list you got to cite you sources like the big boys do (and please no more coingeek, i already lost few IQ points from that site today)

Not keeping track of all articles read over the years, here is a random one:
https://www.gq-magazine.co.uk/article/bitcoin-craig-wright

It had been suggested, however, that as one of the founders of bitcoin, he actually passed away with some 350,000 bitcoins sitting on an encrypted USB drive he kept on him at all times.

Wright confirms Kleiman did indeed have 350,000 bitcoins.

January 1, 2013 BTC is $13,56
April 26, 2013 BTC =  $135,60

The whole court drama came about with CSW contacting Dave's father and told him to hang on to the hard-drive as it might be worth a lot of money. By that time the house most likely was cleared - cleaned and on the market. (Extreme case of saving the penny and throwing away pounds)
Let's remember Ira never visited his very ill brother once, not in hospital or at home.

It has been suggested? really that's your citation So now we're trusting the guy who's been proven a fraud in court? ok let's look at the citation about mysterious encrypted USB drive, but let me help you by getting the context.

But many other claims by Wright in the story don't stand up to scrutiny. Take his story about his friend Dave Kleiman
...It had been suggested, however, that as one of the founders of bitcoin, he actually passed away with some 350,000 bitcoins sitting on an encrypted USB drive he kept on him at all times
...Wright confirms Kleiman did indeed have 350,000 bitcoins. Yet in explaining why he didn't sell, Wright says, "It wasn't worth much then. Dave died a week before the value went up by 25 times."
...This goes unquestioned, but it's not remotely true...It was baffling: why lie? What was being hidden here?

Faketoshi testified under oath that he had some proprietary HD algo (before HD wallets were even created) that all block rewards went to, but the master key was in a tulip trust that no one had access to, thus why he only listed first 60 or so public address and didn't know the rest. Are you saying that there is no tulip trust and he had access to those BTC? Are you calling Faketoshi a liar?

Best quote from the article though

When I call Kleiman's former colleague at Computer Forensics LLC, Patrick Paige, and let him know I'm working on a story about Craig Wright, the first thing he says to me is: "Is he on suicide watch yet?"