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

[soxxx]

https://twitter.com/Pladizow/status/1203013202105290753

Judging by the graph, the ascending ramp approaches.

It was actually 1132 days before it retested the ATH, it took another 100 days before it would come back and break it. If history repeats then in January of 2021 we retest $20,000.

[Wekkel]

I approve of the increase in (hopium) chart posting.

[El duderino_]

I approve of the increase in (hopium) chart posting.

That’s good to hear, another new bullish indicator 

[Bossian]

This chart is important.

Posted by beincrypto.com in September (hence the 8.4k price). The blue and green lines are resistance and support. I kept this chart on my desktop.

If by the halving we are around 9k then it's all good, we also need to be around 8k in February-March but we saw the fractal of NebraskanGooner which indicates 7.5k area in this period.

Time will tell who's right and who's wrong. Keep an eye on this chart in the following weeks. 

[LFC_Bitcoin]

Is Miner Capitulation A Real Thing? Does This Affect The Price of Bitcoin?

The Cost Associated with Bitcoin Mining

https://medium.com/digital-alpha-research/is-miner-capitulation-a-real-thing-does-this-affect-the-price-of-bitcoin-ac4516030f0?

I think the chart is 2018, but the content of the article on the cost of mining Bitcoin is current.

Who wants to join me & start a mining farm in Myanmar?

[JSRAW]

Suu Kyi approves.... Welcomes....

[Cryptotourist]

@Cryptotourist (our new best pal)

Give us something to sink our teeth into here. We really want to stay and hang out. What can you offer? We need something with some meat on.

Pretty sure we are not going to make it to pals dear.
Whats up with the we? Is it a Cuntonian1661 we, or a full retard gembitz we?

Anyway, as requested:



Have fun.

[ivomm]

Who wants to join me & start a mining farm in Myanmar?

Trinidad and Tobago is better. Beach, palm trees, nice BTC profit+mining income=happiness!  

[Last of the V8s]

...
Who wants to join me & start a mining farm in Myanmar?

...
Venezuela is one of the cheapest places in the world (on record) to mine bitcoin because of the really cheap electricity prices. Anybody feel like going to live there for 12-18 months & setting uo a mining farm with me?
...

Every few months the LFC gets wanderlust

[Last of the V8s]

The new hat. Decided this was the most incognito and least likely to draw unwanted attention. Lets see if anyone recognizes it at all.

You might not know anyone recognised it until the four armed thugs bundle you in to their panel van.
Cheerful thought. I don't wish it on you; of course the reverse. Be careful and maybe just wear it when mowing the lawn etc?

[El duderino_]

The new hat. Decided this was the most incognito and least likely to draw unwanted attention. Lets see if anyone recognizes it at all.

You might not know anyone recognised it until the four armed thugs bundle you in to their panel van.
Cheerful thought. I don't wish it on you; of course the reverse. Be careful and maybe just wear it when mowing the lawn etc?

These days 1000's of BTC-shirts, sweaters, HATs, socks, merchandise being sold........ Even a lot of people just wanna act of being in the space while not knowing what they wear ....   


I do not encourage to go in the open and tell everyone you own BTC or..... but you get the point

[serveria.com]

Eat the rich! Haha wasn't easy to spot that.

[serveria.com]

Is Miner Capitulation A Real Thing? Does This Affect The Price of Bitcoin?

The Cost Associated with Bitcoin Mining

https://medium.com/digital-alpha-research/is-miner-capitulation-a-real-thing-does-this-affect-the-price-of-bitcoin-ac4516030f0?

I think the chart is 2018, but the content of the article on the cost of mining Bitcoin is current.

Who wants to join me & start a mining farm in Myanmar?

Well most of these are "official" but there also some "unofficial" electricity prices. One of my friends offered me to invest in a mining farm in one of the eastern-European countries and according to him electricity was "free" or very cheap. I asked him how it was possible he said well the government is giving big discounts to farmers and so on. So Im sure if you look properly you should be able to cut these costs significantly. And yes I turned his offer down because it wasn't king BTC he was planning to mine...   

[serveria.com]

The new hat. Decided this was the most incognito and least likely to draw unwanted attention. Lets see if anyone recognizes it at all.

You might not know anyone recognised it until the four armed thugs bundle you in to their panel van.
Cheerful thought. I don't wish it on you; of course the reverse. Be careful and maybe just wear it when mowing the lawn etc?

Yeah huge opsec violation... wouldn't want to wake up in a van with a soldering iron up my ass....  

[nutildah]

You might not know anyone recognised it until the four armed thugs bundle you in to their panel van.
Cheerful thought. I don't wish it on you; of course the reverse.

You wish he bundles four armed thugs into a panel van?

Then what? Road trip?

[Globb0]

[Last of the V8s]

You might not know anyone recognised it until the four armed thugs bundle you in to their panel van.
Cheerful thought. I don't wish it on you; of course the reverse.

You wish he bundles four armed thugs into a panel van?

Then what? Road trip?

[Dunkelheit667]

The monthly update:

<snip>

...
Have a nice November, Gentlemen!

Where is Dunkelheit667?

Herr D sechs sechs sieben bitte melden!

Jawohl, am Apparat!

<snip>

I don't mean to digress into too much sentimentalism here, but it seems like we, in this thread, are becoming a lot more dependent upon your updates on a more regular basis, Dunkelheit667.   I can recall earlier days in which you surely were not on schedule or even regular in terms of posting these kinds of monthly BTC price updates, but now, we are having difficulties going on in life without your updates to confirm where we "are really at."

It's like if Xhomerx10 stopped making hats, we would be fucked.... or at least, our fashion would suffer in terms of getting source based updates - not that I want to change my own fashion.. I tend to be a kind of stuck to habit kind of guy when it comes to avatars, which has transmorphed into hats, and surely, over a year ago, I was reluctant to change my first avatar to a hat, and more recently, Xhomerx10 converted me into a version 2.0... kind of against my will, but it is what it has become.. .so sometimes a guy (or even a gal, if there are any in here?) gotta just go with the flow, rather than fighting the flow, just like with honeybadger and her price movements... it's going to do what it is going to do, and buyers, hodlers and accumulators just gotta go with where-ever she takes us, which seems to be UP in the longer term zooming out perspective (ongoingly confirmed by your monthly chart updates), no?

You are a good observer. I also thought the call was a little early after only being a few hours behind schedule as this was not the first time. Surely exceptional, but within traditional tolerances.

In my humble opinion, we all need our safe places and routines in times of more or less boring sideways actions aka accumulation phase. Such as this thread with its valuable information, traditions and honourable members. So we can stay on the road and not end up in a ditch like others before. It's always a pleasure to share the monthly update (inspired by gentlemand), also to know for myself where we are right now. The bigger the picture, the more details we can see and enjoy (the way up).

That's interesting, I also tend to wear the same style (partly also the same clothes) since... my memories begin. And sadly regret not being able to wear a hat as this would not be a challenge for the hatter, as I can only wear one grayscale, black in black. Going as well with the flow in many other areas as my signature suggest (outside this thread).

Back to hibernation mode, enjoying the flow. Gentleman, have a peaceful month of December, also enjoy a (pleasant) sentimentality as it comes along.  

[birr]

https://bitcointalk.org/index.php?topic=5198154.msg53272496#msg53272496
 

I find it rather comforting to learn that 'Column J' has stayed well within a two-order-of-magnitude range over the listed date range.

Err...

Column J is short for Column Jbreher.
On a more serious note, the posted link explains it.  Naming the indicator "ratio of btc price to projection", which it is, wouldn't be very informative.  You have to read the background information, which entails extensive modeling in multiple steps.

[BitcoinGirl.Club]

Good afternoon WO!
Observing @ $7,540

Better.

Chelsea are down again. 11 time out of last 12 matches.