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

[bitebits]

One day we have to revise the topic of this thread to XBT/XAU. Observing the USD devalue gets boring, obvious and gives a fake sense of increased wealth.

[1715001449]

1715001449

[Toxic2040]

I surely reciprocate any ting-a-lingy feelings that are caused by bear gun shyness or recktage. I have never really bother with leveraged contracts...have never seen the point..it seems to me that moving the way the market 'naturally' goes is the better way. When market go down..buy some..when market go up..sell some. It could be that simple. 

My main bitcoin portfolio strategy is simple..just keep buying and hodling..he who hath the most coin, wins.   Highlander style.

[Icygreen]

I think it may have a hodl on me.    Opened a beer.. Ahh... forgot about the beer while cooking and poured some scotch.... Ahhh.... Finished the scotch and thinking dinner would go well with a glass of wine..Oh yes.. Ahhhh....  what's that?  oh yeah, there's my beer next to the green tea I started hours ago...   All good, I got this...now, where's that joint.

[elrippos friend]

And the terrorists are paying the badass COVID19 guys in BTC 

[JayJuanGee]

I surely reciprocate any ting-a-lingy feelings that are caused by bear gun shyness or recktage. I have never really bother with leveraged contracts...have never seen the point..it seems to me that moving the way the market 'naturally' goes is the better way. When market go down..buy some..when market go up..sell some. It could be that simple. 

My main bitcoin portfolio strategy is simple..just keep buying and hodling..he who hath the most coin, wins.   Highlander style.

I recently heard an interview with a person who advises clients and creates investment recommendations that involve investing in BTC; however, before March 12, that person did not realize that there were places within bitcoin markets in which trading could be accomplished with 100x leverage, and such person said that he needed to change his perceptions of what is possible in bitcoin because of such craziness that is likely taking advantage of gamblers..

Remember Bitmex had to pretty much shut down its exchange for a period of time on March 12 because BTC bears would have likely dumped BTC prices to somewhere close to zero if they had the opportunity in order to pick up some cheap BTC.  They had no mercy in their greed, but some of them ended up getting reckt because the exchange shut down and screwed some of those manipulators out of their position to push the BTC price to as close to zero as they could get it...

Merely because there was such extreme downward BTC price pressures on Bitmex would likely NOT have caused BTC prices to go as low in other exchanges, but you never know, but such extreme abilities for traders and manipulators contribute to crazy ass irregularity possibilities within bitcoin that is not likely to go away while 100x leveraging continues to exist, and even though none of us regular and sane BTC HODLers engage in such stupid ass behavior, sometimes we need to account for BTC price dynamics that allow for such crazy-ass extremes in a kind of wild, wild west way and maybe sometimes we will benefit from such crazy-ass extremes and other times, we might feel that we are getting exploited and manipulated ourselves because of the conduct of others including the fact that some of those kinds of irrational and crazy tools allow some bitcoin gamblers to play with extremes, and sometimes getting really fucked... A whole fund came down because they were not able to play such games on bitmex

https://cointelegraph.com/news/crypto-hedge-fund-goes-belly-up-after-bitcoin-price-drop-to-38k

The bitmex March 12 story:
https://www.longhash.com/en/news/3287/How-High-Leverage-in-the-Crypto-Market-Crashed-Bitcoin-to-$3,800

My point for bringing up the bitmex story is not to complain about bitmex but instead to point out wild ass bitcoin price dynamics that can end up affecting us regular joe blows, and maybe give us fewer feelings of ting-a-lingies if BTC prices are very irrational for periods of time and seemingly fueled by others engaging in such crazy-ass leveraging behaviors that might not even be allowed in regular markets.

[JSRAW]

I think it may have a hodl on me.    Opened a beer.. Ahh... forgot about the beer while cooking and poured some scotch.... Ahhh.... Finished the scotch and thinking dinner would go well with a glass of wine..Oh yes.. Ahhhh....  what's that?  oh yeah, there's my beer next to the green tea I started hours ago...   All good, I got this...now, where's that joint.

So, Mrs still away?

[VB1001]

The Memes Make the Bitcoin

An introductory guide to popular Bitcoin memes and their significance.

https://blog.lopp.net/the-memes-make-the-bitcoin/

BTCulls ready.
$7,750

[Millionero]

And the terrorists are paying the badass COVID19 guys in BTC  

Bullish!

The bitmex March 12 story:
https://www.longhash.com/en/news/3287/How-High-Leverage-in-the-Crypto-Market-Crashed-Bitcoin-to-$3,800

That story paints a pretty clear picture.  I've seen some posts here ridiculing the idea of circuit breakers.  But the March crash stopped where it did because the people who enabled it (Bitmex) pulled the plug.  Basically, the fox decided not to eat all the hens because he knew it would mean the end of him.  Not a healthy market.  And the fox (extreme leverage) is still in the henhouse.

[serveria.com]

indicating we might see some profit taking soonish

2 weeks before the halving? Well... umm.... mmmkaaaay.... 

[Cryptotourist]

The bitmex March 12 story:
https://www.longhash.com/en/news/3287/How-High-Leverage-in-the-Crypto-Market-Crashed-Bitcoin-to-$3,800

My point for bringing up the bitmex story is not to complain about bitmex but instead to point out wild ass bitcoin price dynamics that can end up affecting us regular joe blows, and maybe give us fewer feelings of ting-a-lingies if BTC prices are very irrational for periods of time and seemingly fueled by others engaging in such crazy-ass leveraging behaviors that might not even be allowed in regular markets.

Nice one J.

Once BTC broke below $4800, everything was totally dominated by cascading liquidations on BitMEX in particular, and through crypto (both exchanges and credit desks) more generally. It kind of became its own monster.
I don't know anyone who chose to sell at, say, $4100,” Paul explained.

https://twitter.com/AriDavidPaul/status/1238488511810023425

Well, he doesn't know mindrust now, does he?

WO knows, moon.soon

[BayAreaCoins]

Hopefully, this is that run to $10k.

[Last of the V8s]

All Members

THE BRITISH GRENADIER

During this unexpected and somewhat painful experience that we are now experiencing, perhaps we can find time to reflect back to the WW2 period where our previous generation went through experiences that must have daunted many, and hopefully, we will never have to go through.

Let us adapt this spirit to get through the difficult time that we are all now experiencing.
 

Extract.   RSM Lord has served under my command almost continuously since the formation of the 1st Parachute Brigade, and during this time, he has shown a standard of loyalty, drive and devotion to duty which it would be hard to equal.

Regimental Sergeant Major Lord, Grenadier Guards, was "King" of 6000 British and American troops during the second world war in the POW camp Stalag X 1B.

RSM John Clifford Lord MBE spent six months in Stalag X1B.  He was taken prisoner with several hundred men of the First Airborne at Arnhem..  He found British and American prisoners living in conditions of hopeless misery and squalor.

However, this is what Major Ralph Cobbold, Coldstream Guards, found when he and his Company arrived at the camp on liberation day.    At the gate was an impressive Guard in a maroon beret.  Then the majestic figure of RSM Lord strode forward, with gleaming brasses, immaculate webbing,  razor sharp trouser creases and dazzling boots.  He came to attention and gave a spectacular salute.

Passing through the camp on a tour of inspection, Major Cobbold was able to judge the magnitude of the task performed by RSM Lord and his team of NCOs.

In place of the lifeless confusion of 6 months earlier,  the Major and his company saw everywhere evidence of the highest morale and firm discipline which had sustained the prisoners throughout their ordeal.

Thank you John H*** for this bracing piece from our fellow Association



 Take care everyone and remember to keep your “Social Distance”

 However do no forget to keep a shine on those toe caps.

 Hon Sec

[serveria.com]

Hopefully, this is that run to $10k.

Nope, not that one. This is that pump to ATH 

[vapourminer]

I think it may have a hodl on me.    Opened a beer.. Ahh... forgot about the beer while cooking and poured some scotch.... Ahhh.... Finished the scotch and thinking dinner would go well with a glass of wine..Oh yes.. Ahhhh....  what's that?  oh yeah, there's my beer next to the green tea I started hours ago...   All good, I got this...now, where's that joint.

err, joints are the 1st thing you hit. not the last.

well, before, during and after really.

man do i have to instruct everyone on how and when to smoke weed??

EDIT: smoking weed in front of a cop in a state thats its still illegal recreationally (what the actual fuck) is probably not recommended though (unless one has a medical card)

[Phil_S]

Speaking of WW2 stories...

[fillippone]

The Memes Make the Bitcoin

An introductory guide to popular Bitcoin memes and their significance.

https://blog.lopp.net/the-memes-make-the-bitcoin/

BTCulls ready.
$7,750

This is gold.
And notwithstanding borderline clickbait title, the insights are good food for thought.

[hv_]

This is my life now 

cheeeers !

[JSRAW]

[VB1001]

Ngrave Announces ‘Military-Grade’ Hardware Crypto Wallet

Ngrave claims the first EAL7-certified crypto wallet
Ngrave’s co-founder and chief executive Ruben Merre told Cointelegraph that its product introduces “a number of innovations compared to existing solutions,” stating:

“The Ngrave Zero is 100% offline, and features extreme tamper-proofing. It’s the only blockchain wallet with EAL7 security certification, which is the highest security certification in the world.”

The Evaluation Assurance Level (EAL) is an international standard for security grading that was introduced in 1999. EAL7 is the second-highest level of fifteen gradings, only trailing behind EAL7+.

“It never needs to connect to another device or over 4G, WiFi, Bluetooth, NFC, or any other network connection; not even for key generation, syncing accounts or transactions.”

Zero will use wall charging and QR codes to remove the need for any connections to the device — allowing it to remain ‘air-gapped’ at all times. Merre stated that the wallet also “features multi-layered, military-grade anti-tampering.” The unit is operated using a four-inch touchscreen.

https://cointelegraph.com/news/ngrave-announces-military-grade-hardware-crypto-wallet

https://www.ngrave.io/

[LFC_Bitcoin]

@hodlonaut
Bitcoin is now exactly 100% up since its low on March 13th.
https://twitter.com/hodlonaut/status/1254771470527389698?s=21