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

[VB1001]

At the start of 2017,
@Gemini
 was a relatively small exchange amongst its peers

Now it holds more Bitcoin than Bitfinex, Bitstamp, Bittrex, Kraken and Poloniex

https://twitter.com/coinmetrics/status/1276522894537814017

Hi everyone, real life issues keep me out of the forum these days.
Take care

#StrongHats

[bitebits]

Very well for Australia, this adds to the adoption.


Twitter: https://twitter.com/hocherntung/status/1276735899695566851

Bitcoin and cryptocurrencies have been becoming quite popular in Australia, as the Australia Post stores’ latest service follows the recent partnership between Coca-Cola Amatil and Centrapay. Thanks to this collaboration over 2,000 Coca-Cola brand vending machines in Australia and New Zealand accept bitcoin (BTC) for purchases.

Source: https://news.bitcoin.com/australians-can-now-pay-for-bitcoin-at-3500-australia-post-offices/

Post offices, lol.

[jbreher]

https://eodashboard.org/

The tri-agency COVID-19 Dashboard is a concerted effort between the European Space Agency (ESA), Japan Aerospace Exploration Agency (JAXA), and National Aeronautics and Space Administration (NASA). The dashboard combines the resources, technical knowledge and expertise of the three partner agencies to strengthen our global understanding of the environmental and economic effects of the COVID-19 pandemic.

Because ... what else do these space exploration agencies have to do?

Oh, right... I guess Elon has their chartered responsibilities covered. Gotta find some work to do.

I keed, I keed.

Still don't get it.

[El duderino_]

ALWAYS when this #Bitcoin  signal flashed, we started a MASSIVE bull run!

And guess what: today it flashed again!


https://twitter.com/mmcrypto/status/1276437263916793862?s=21

[goldkingcoiner]

Dude. So jealous. When will we see legalisation in my country

It says "Don't mate with me."

kinda has crazy eyes..my analysis indicates she might be pretty good in the sack..would be willing to try for science

Yeah but with a forehead that'll crack your pelvis.

ALWAYS when this #Bitcoin  signal flashed, we started a MASSIVE bull run!

And guess what: today it flashed again!

*starts googling hopium overdose symptoms*

[El duderino_]

ALWAYS when this #Bitcoin  signal flashed, we started a MASSIVE bull run!

And guess what: today it flashed again!


https://twitter.com/mmcrypto/status/1276437263916793862?s=21

Explanation: When the long term (365d) moving average of the MVRV goes above the short term (60d) moving average we are starting the $BTC BULL MARKET!

The MVRV shows when trader and holder are in a profit!



https://twitter.com/MMcrypto/status/1276437266575921154?s=20

[El duderino_]

Debuking these myths:

"Bitcoin is too volatile to serve as a store of value."
"Bitcoin is in a bubble."
"Bitcoin will lose value to ‘forks’ and digital copies."
"Bitcoin is for criminals."
"Bitcoin wastes too much energy."

https://twitter.com/Beetcoin/status/1276774081787035649?s=20
https://ark-invest.com/analyst-research/bitcoin-myths/

^  A good read

[El duderino_]

Starting to like this...
That sentence everyone writes.
FEW UNDERSTAND THIS!

[LFC_Bitcoin]

@binance
Makes you think.

[El duderino_]

1/ A thread showing 12 charts that illustrate #Bitcoin investor confidence and increased HODLing behavior.

Spoiler: This is long-term extremely bullish.

(data
@glassnode
)

Let's dig in Rug van hand met omlaag wijzende wijsvinger

https://twitter.com/n3ocortex/status/1276558987643752448?s=20

Follow the link to read more^

[bitebits]

@binance
Makes you think.

And 0.269% of the global population is the theoretical maximum. I can personally guarantee there won't be 21M people able to own a whole bitcoin.
On the other hand there is probably at least 50% of the world population that will never own $9k either.

[El duderino_]

@binance
Makes you think.

And 0.269% of the world's population is the theoretical maximum. I can personally guarantee there won't be 21M people able to own a whole bitcoin.
On the other hand there is probably at least 50% of the world population that will never own $9k either.

Mmmm with the Brrrrrr machine, owning 9K-fiat will be a joke over time 

[BitcoinGirl.Club]

Good morning WO!
Observing @ $ 9,135

All is well!

[BitcoinGirl.Club]

@binance
Makes you think.

And 0.269% of the global population is the theoretical maximum. I can personally guarantee there won't be 21M people able to own a whole bitcoin.
On the other hand there is probably at least 50% of the world population that will never own $9k either.

Well 10 years after from now the scenario may not be the same. May be this will be true for 0.1 BTC and then more 10 years after then we may have the same scenario for 0.01 BTC
I mean, after 10 years from now 0.1 BTC may worth  $9k (shit fiat) and more 10 years after 0.01 BTC may worth $9k.

[JSRAW]

The Biggest Secret Nobody Tells You Before You Start HODLing Bitcoin
tldr: hodling is bumpy road...

[dragonvslinux]

@binance
Makes you think.

And 0.269% of the global population is the theoretical maximum. I can personally guarantee there won't be 21M people able to own a whole bitcoin.
On the other hand there is probably at least 50% of the world population that will never own $9k either.

Well 10 years after from now the scenario may not be the same. May be this will be true for 0.1 BTC and then more 10 years after then we may have the same scenario for 0.01 BTC
I mean, after 10 years from now 0.1 BTC may worth  $9k (shit fiat) and more 10 years after 0.01 BTC may worth $9k.

10 years later the scenario will be slightly different yes, but not by fiat metrics. Currently on average there is enough for each person to have 0.00236103 BTC (18,416,062 / 7.8b), in the future this will be slightly less as the population is expected to grow to 8.5b by 2030, while circulating supply won't be able to keep up with human demand, so this would work out as 0.00235294 BTC approximately (20m / 8.5b) in 2030. My point is this won't change because of the fiat price of Bitcoin, the only variables are circulating supply and population growth.

[Febo]

people have false memories regarding bitcoin.
https://youtu.be/ZQmoLOB7580?t=1304
Look at this guy (C. Palihapitya)..claims to learn about btc from Casares (also claims that it was on Casares' 40ies birthday, which actually was in 2014 according to wiki) in 2010 (lol), proceeds to buy it at $80/btc.
One freaking million btc.
Well, either that conversation was in 2013 OR it was in 2010 and the price was 0.8/btc or something like that.
2010 and $80 cannot be both true. Plus, Caesars' 40ies birthday was in 2014.

Besides, a bunch of other strange remarks. Oh, well.

Rare first heard of Bitcoin and buy it at the same time. Usually you first think what a scam and then a year latter you are sorry you did not look more detailed into it. He could have heard of Bitcoin in 2010 but buy in 2013 at $80.  He could also bought in 2011 at $0.8.

EDIT: I see now he said he bought 3 days latter. Yes a pile of bullish. I hope he did not bought at 80 cents.

EDIT2: Maybe was Casares 39th birthday and was February 2013. And he bought a month latter at $80. This seems most close to his story. I mean you can easily mix years but hard to miss you heard on a birthday party and bought few days or weeks latter.

[empowering]

Whats up gents?

long time no hablas

[El duderino_]

Whats up gents?

long time no hablas

Indeed long time no see......

[Krubster]

At the start of 2017,
@Gemini
 was a relatively small exchange amongst its peers

Now it holds more Bitcoin than Bitfinex, Bitstamp, Bittrex, Kraken and Poloniex

https://twitter.com/coinmetrics/status/1276522894537814017

Hi everyone, real life issues keep me out of the forum these days.
Take care

#StrongHats

Hi! Interesting chart. Here's another one, from a different source, that claims something quite differently.



https://twitter.com/glassnode/status/1276525553261187072

Following the link in that tweet, it says Gemini holds around 89k btc. I don't know what to believe though, Coinbase holding 954k sounds like an awful lot.