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

[Globb0]

But indeed this pump was short lived

Meme rejected.

The amount didn't change, the value did!

I thought that the BTC price started at about $7,200 and then pumped to nearly $7,800 and then came back down to $7,200.

Of course, today we have BTC price floating around the $7,350 arena, but not really statistically significant in the whole scheme of things, no?

Anyhow, what I am trying to say is that those kinds of BTC price fluctuations (whether fake outs or not) did not trigger any of my BTC sell orders or my BTC buy orders, so my amount of BTC stayed the same, so the value of my BTC stayed the same, too when the price moved up and down.

In other words, the above meme seems to be saying what happened, no?

No!   

"I have the same amount of BTC as I had yesterday!"

**Approved**

[1714146020]

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[1714146020]

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[1714146020]

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[JayJuanGee]

The French are revolting.

In my experience, nothing gets the attention of the elites quite like the smell of burning BMW upholstery.

The frogleg eaters need to kick it up a notch.

FTFY


 

[Last of the V8s]

This is so weird

https://twitter.com/CNBC/status/1202621443634282496?s=20

The Treasury Dept. says “Evil Corp.” is responsible for over $100 million in theft, making it one of the biggest cybercrime sprees in history. Here’s what you need to know about this Russia-based cybercriminal group. https://cnb.cx/34SV1HL

[JayJuanGee]

^
You will do as I say 

When someone died, did they leave the whole flock in charge?  or just you?

 

[JayJuanGee]

Bitcoin BEAM indicator

#bitcoin #btc

Live here: https://digitalik.net/btc/beam_indicator

@BitcoinEcon

https://twitter.com/digitalikNet/status/1202383513552609280?s=20

Very intresting indicator:
 

BEAM stands for "Bitcoin Economics Adaptive Multiple" and is the result of experimenting with various indicator types and formulas for almost 2 years. Various other designs were dropped or improved until reaching a satisfying result.

BEAM may look like a typical indicator, but can also be used as a basis for an anti-cyclical investment plan for Bitcoin as well as other crypto assets whose cycle is tied to that of Bitcoin. Roughly speaking, BEAM divides the price of bitcoin at any given moment to a moving average of past prices. This makes price trends more clearly visible.

This indicator is also available in tradingview to play with:

BEAM on TradingView
I developed BEAM in Pine Script on Tradingview.com. Recently I published “BEAM” and “BEAM Bands” there. So at Tradingview.com you can apply them to charts by clicking the Indicators button and searching for them. To apply them to Bitcoin I recommend that you enter “BNC:BLX” for displaying the “BreaveNewCoin Liquid Index for Bitcoin” chart and set the time frame to 1 day. The BLX chart shows all historical Bitcoin prices since mid 2010.

Heading into the halving within a bearish trend.. Never seen before. This is fine.

Never a boring day/month/year in Bitcoinlandia.

You call 5.5 months away from halvening "heading into?"

Do you remember the halvening in 2016 was in June?  November 2015 to May 2016 was a pretty fucking bearish time-period, if I recall correctly.

Bitcoin is bearish for the first time before the halving. Is it because the futures market is surpressing the price?

Are you an alt of _javi_?

[LUCKMCFLY]

According to the chart, the behavior clearly indicates that we are at the beginning of a good bullish rally.

4/ Also keep an eye on Bitcoin Network Momentum

At this point in prior cycles, we saw rapid increases in on-chain BTC volumes for 6-10wks b4 bull market started

Worth watching for now to see if this repeats following recent uptick

@woonomic
 version with coinmetrics data is 🔥

Source: https://twitter.com/PositiveCrypto/status/1202627555016220674

[serveria.com]

Bitcoin is bearish for the first time before the halving. Is it because the futures market is surpressing the price?

Not to much bearish at 7K+ imo ..... love these prices as accumulation area’s

The price is not much bearish but the trend is bearish for the first time ever. I don't know any other reason except we have futures for the first time before the halving.

Don't you worry, December will fix it pretty soon... #decemberpump #xmaspump #newath2019 

[jupiter9]

Bitcoin BEAM indicator

#bitcoin #btc

Live here: https://digitalik.net/btc/beam_indicator

@BitcoinEcon

https://twitter.com/digitalikNet/status/1202383513552609280?s=20

Very intresting indicator:
 

BEAM stands for "Bitcoin Economics Adaptive Multiple" and is the result of experimenting with various indicator types and formulas for almost 2 years. Various other designs were dropped or improved until reaching a satisfying result.

BEAM may look like a typical indicator, but can also be used as a basis for an anti-cyclical investment plan for Bitcoin as well as other crypto assets whose cycle is tied to that of Bitcoin. Roughly speaking, BEAM divides the price of bitcoin at any given moment to a moving average of past prices. This makes price trends more clearly visible.

This indicator is also available in tradingview to play with:

BEAM on TradingView
I developed BEAM in Pine Script on Tradingview.com. Recently I published “BEAM” and “BEAM Bands” there. So at Tradingview.com you can apply them to charts by clicking the Indicators button and searching for them. To apply them to Bitcoin I recommend that you enter “BNC:BLX” for displaying the “BreaveNewCoin Liquid Index for Bitcoin” chart and set the time frame to 1 day. The BLX chart shows all historical Bitcoin prices since mid 2010.

Heading into the halving within a bearish trend.. Never seen before. This is fine.

Never a boring day/month/year in Bitcoinlandia.

You call 5.5 months away from halvening "heading into?"

Do you remember the halvening in 2016 was in June?  November 2015 to May 2016 was a pretty fucking bearish time-period, if I recall correctly.

Bitcoin is bearish for the first time before the halving. Is it because the futures market is surpressing the price?

Are you an alt of _javi_?

I won't tell you that! But no, i'm not! :v

[jupiter9]

According to the chart, the behavior clearly indicates that we are at the beginning of a good bullish rally.

4/ Also keep an eye on Bitcoin Network Momentum

At this point in prior cycles, we saw rapid increases in on-chain BTC volumes for 6-10wks b4 bull market started

Worth watching for now to see if this repeats following recent uptick

@woonomic
 version with coinmetrics data is 🔥

Source: https://twitter.com/PositiveCrypto/status/1202627555016220674

Nice injection needles. Bitcoin on stereoids. Bullish AF! (AF - After Fud).

[Hueristic]

I like that belt buckle but dunno if I could swing the P.I.M.P look.  Jot me down for a bookend if you do a run.

Not as it is, that steel will surface rust.
Gold plated would be gaudy

Actually, yes, rust was my main concern. Powder coated or enameled for the win.

Its gonna look cool with the rust.

[Icygreen]

Hey WO gang

I found something for the HODLsleep:

https://www.bitlisten.com/

Realtime Bitcoin transaction visualiser.

See and hear new transactions, trades and blocks as they arrive.

Very cool, I've not seen that one before.  Also didn't realize how many tiny transactions take place.  

[Searing]

This is so weird

https://twitter.com/CNBC/status/1202621443634282496?s=20

The Treasury Dept. says “Evil Corp.” is responsible for over $100 million in theft, making it one of the biggest cybercrime sprees in history. Here’s what you need to know about this Russia-based cybercriminal group. https://cnb.cx/34SV1HL

These guys perhaps?



https://vimeo.com/84947482

[LUCKMCFLY]

Bitcoin gaining more ground, this is a good omen ..

Cryptocurrencies' market cap is now totaling $201.88 billion

In the last 24 hours, the trading volume was equal to $61.84 billion

Bitcoin $BTC's market cap share is currently at 66.85%

Source: https://twitter.com/CryptoGulp/status/1202777316000256000

[jupiter9]

Bitcoin is sexy and he knows it!

[DireWolfM14]

The desk ornament/bookend thing from the art thread would ship for $20 equivalent BTC.

I like those bookends, very cool.  Put me down for two if you do run them.

[xhomerx10]

Source: https://twitter.com/CryptoGulp/status/1202777316000256000

I'm wondering why Tether is traded so much. Any ideas ? I'm not a trader, so... yeah.

https://www.coindesk.com/why-tether-volume-surged-to-all-time-highs-in-august

[Hueristic]

I don't remember seeing this posted but was reading this article and found it pretty damn wild.

https://youtu.be/E-sQ-UkvH2w


https://www.technologyreview.com/s/610807/sitting-with-the-cyber-sleuths-who-track-cryptocurrency-criminals/

[LUCKMCFLY]

Source: https://twitter.com/CryptoGulp/status/1202777316000256000

I'm wondering why Tether is traded so much. Any ideas ? I'm not a trader, so... yeah.

I think one of the reasons is because people believe they are saving dollars, they see it better to leave it in Tether than in a bank (although they do not know what they are doing), and it also influences the crypto market in China, everything may be happening to tether for the Fud to Bitcoin.

[Hueristic]

Source: https://twitter.com/CryptoGulp/status/1202777316000256000

I'm wondering why Tether is traded so much. Any ideas ? I'm not a trader, so... yeah.

I think one of the reasons is because people believe they are saving dollars, they see it better to leave it in Tether than in a bank (although they do not know what they are doing), and it also influences the crypto market in China, everything may be happening to tether for the Fud to Bitcoin.

It is also an effective short mechanism if you trust tether not to suddenly become worthless, just convert to usdt then rebuy the dip.

[HairyMaclairy]

BMW is for turkish peasants. AUDI is where it's at. GET ON MY LEVEL!