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

[El duderino_]

^ ^
Observing far to low of a price in terms of $ for a BTC

This will change 

[BitcoinGirl.Club]

https://bitcointalk.org/index.php?topic=5207196.100

Curious how wall of text vs wall of text looks like ....

I am not really very curious about that.  

Obvious 😉
By the way nutildah, suchmoon and BobLawblaw were invisible 😛

^ ^
Observing far to low of a price in terms of $ for a BTC

This will change  

On Christmas Sale now!

[Paashaas]

Scammer Roger went full retarted...



https://twitter.com/BitcoinComExch/status/1206265201831694339

[mindrust]

Scammer Roger went full retarted...



https://twitter.com/BitcoinComExch/status/1206265201831694339

LoL he was fooled again!

I lost the count how many times he got fooled?

That is exactly what happened.  He did offer it to me. I thought, and still think the price was too high, so he sold it to someone else who lied to him about his views on myself and Bitcoin Cash.

GOOGLE FOOLED ME!!!

I see that self-made millionaire 'Roger Red' is back to face his arch enemy 'Terrible Theymos'
Oh it will be Battle of The Ages
RR vs TT

Theymos is one of the worst things that happened to Bitcoin...
source video:
https://www.youtube.com/watch?v=hU7343Ji8GI
 

 

This guy just can't stop getting fooled. What a lunatic fool.

[JayJuanGee]

Scammer Roger went full retarted...



https://twitter.com/BitcoinComExch/status/1206265201831694339

Not really a surprise when you think about it.

Scammers are going to align in order to attempt to bring more credibility to their scams - when they are largely lining their lil selfies against the BIG bad king daddy, that we know as bitcoin.

[LUCKMCFLY]

Some always criticize the volatility of Bitcoin ...

Many people try to talk negatively about Bitcoin volatility, meanwhile Amazon, Yahoo, and Priceline all COLLAPSED over 96% back in 2000 before minting millionaires.

Early tech volatility is natural. Long term upwards volatility is the holy grail.

Source: https://twitter.com/RiggsBTC/status/1206261452253925376

And a very intelligent opinion:

And a very intelligent opinion of a Yale Professor:

“BTC should occupy about 6% of every portfolio in order to achieve optimal construction. Even those who are strong Bitcoin skeptics should maintain at least 4% BTC allocation."

Source: https://twitter.com/danheld/status/1205880279379959808

It is a fact that Bitcoin is backed by the masses, obeys the law of supply and demand, with great technological support representing a deflationary economy ....If Hodl is undoubtedly one of the best options for now no matter what.

If Bitcoin adoption increases, chances are BTC is grossly undervalued at spot rates. Time is the only ingredient.

Source: https://coingape.com/bitcoin-btc-is-like-amazon-of-2001-its-grossly-undervalued/

[_javi_]

Instead of tweeting about how bad the banking/fiat system is, we should care about making our ecosystem better everyday.

Run a node, use and hodl the coins, and pass the voice.

Go BTC go!

[Indymoney]

Instead of tweeting about how bad the banking/fiat system is, we should care about making our ecosystem better everyday.

Run a node, use and hodl the coins, and pass the voice.

Go BTC go!

Good Morning Every One here nice to have first post very positive about Bitcoin and making our ecosystem better.

Go BTC Go     

[VB1001]

1/ UTXO metrics suggest that investors are staying put despite being at a loss.

After #BTC's local top in June, fewer transactions require less UTXOs to be created.

That in combination with the declining price, caused the number of UTXOs in a loss to remain at ATH since weeks.

2/ Total #BTC transactions decreased since June.

3/ Less UTXO's created since June.

https://twitter.com/glassnode/status/1206312869085753345

We can go down wherever they want, but the ticket to the moon does not expire.

[Little Mouse]

Requesting a Wall Observer Hat.

[th3nolo]

snip

I was browsing your page and found the story of the beginning of the hats, I still had not realized that your post refers to that.

Without a doubt, the page is well designed and it didn't cost me to get the story, which by the way is quite interesting.

"don't trust fake hats, verify".

[HairyMaclairy]

CME Futures at an inflection point.  Anything but upwards breaks the support line.  Which is not really a desirable place to be. 

[HairyMaclairy]

Whatever was causing the ridiculous long / short ratio on Bitfinex has somewhat eased.  It is now only sublime.

Note:  this is caused by a sudden uptick in the number of shorts, not a decrease in longs.  

Volatility, she is coming. 

[HairyMaclairy]

For that price, customers do not get the display – which starts at $4,999 – or the $999 stand that holds up that screen.

I am aware of someone who just blew US$250k in cloud processing charges.  They basically said "I wonder what happens when I push all of these buttons at the same time".  Now they know.  They melted the cloud and scaled out the ying yang and then had to pay for it.

Under those circumstances a box which has 1.5TB of ram which can handle some big jobs for $60k looks like a bargain.  Might run a bit warm under the desk tho.

[El duderino_]

The Federal Reserve will inject at least another $425 billion of temporary cash into the financial system within the next few months.

The entire US military budget every year is $693 billion.

Everything is fine though. 🙃

https://twitter.com/rhythmtrader/status/1206264167809929217?s=21

[dragonvslinux]

Whatever was causing the ridiculous long / short ratio on Bitfinex has somewhat eased.  It is now only sublime.

Note:  this is caused by a sudden uptick in the number of shorts, not a decrease in longs. 

Volatility, she is coming. 

The strange thing the Bitfinex long/short ratio was due to over-leveraged longs, that are worryingly still parabolic and at ATH with RSI completely oversold:



The reason the ratio dropped ironically due to the short interest, as opposed to a long squeeze. I don't see this as necessarily a good thing:



On the Daily chart, you can see there has been a 50% increase in shorts today, so far:



But the longs still remain over-leveraged by a factor of 5:1 (80%), as opposed to the high of around 15:2 (87% approx):



Still expecting a drop to around 2-3:1, which is also the 200 Day MA for the ratio, or 4:1 minimum. for a more reasonable 50-65% long leverage personally.



Until then I'm still expecting a long squeeze personally (dump in price), that clearly hasn't occurred. Ratio squeezes don't count for me.

[serveria.com]

Until then I'm still expecting a long squeeze personally (dump in price), that clearly hasn't occurred. Ratio squeezes don't count for me.

$14k to $7k since June is not long enough? 

[serveria.com]

Dammit, it's so boring even gembitz doesn't appear here anymore  WEEEEEEE!

[mindrust]

I just fired another $250. If it goes down I'll fire even more. If it goes to 3k I am going full berserk. Taking no prisoners. My ammunation is stronk.

What a beautiful morning, cheap coins feel good.

[AlcoHoDL]

I just fired another $250. If it goes down I'll fire even more. If it goes to 3k I am going full berserk. Taking no prisoners. My ammunation is stronk.

What a beautiful morning, cheap coins feel good.

Sounds like a good plan.

In addition to my regular job (which is more than enough for my living expenses), I also do teaching part-time. I use all of my teaching earnings to buy BTC. It doesn't affect my life in a negative way, but WILL soon affect it in a POSITIVE way when BTC moons.

"Every little helps." (I remember this phrase was being used by a supermarket chain when I was living in the UK many years ago).