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

[bitcoinPsycho]

[fillippone]

On a separate note: do you rember the conspirancy theory about Pfizer coming out with a vaccine news just three days after the election?

They are a complete nonsense.
Proof:

Pfizer's CEO cashed out 60% of his stock on the same day the company unveiled the results of its COVID-19 vaccine trial

• Pfizer CEO Albert Bourla sold 62% of his stock in the company on the same day the drugmaker announced the results of its COVID-19 vaccine trial.
• Bourla sold $5.6 million in stock on Monday as part of a predetermined trading plan adopted August 19.
• His stock sale was carried out at $41.94 a share. The 52-week-high for Pfizer stock is $41.99, which means the CEO cashed out his shares at close to their highest price this year.

You greatly overestimate the importance of the elections:

‘If Voting Made a Difference, They Wouldn’t Let Us Do It’

Greed makes the world spin.

[GrosWesh]

What's up WO ?!


I come to share with you two interesting charts i enjoyed watching this morning. Both point to a continuation of btc's bull market.

First graphic presents correlation between btc price and volume of deposits towards exchanges. According to this data we are currently in a relatively high buying zone.



Sources : https://twitter.com/ki_young_ju/status/1326073105555492864
              https://cryptoquant.com/overview/full/240?window=day&utm_source=twitter&utm=medium=prediction&utm=campaign=pc_n

Second work that caught my attention was produced by Cryptobirb.

Everyone will appreciate it in their own way.
The least we can say is that this is very detailed 



Have fun & Hodl 

[bitserve]

On a separate note: do you rember the conspirancy theory about Pfizer coming out with a vaccine news just three days after the election?

They are a complete nonsense.
Proof:

Pfizer's CEO cashed out 60% of his stock on the same day the company unveiled the results of its COVID-19 vaccine trial

• Pfizer CEO Albert Bourla sold 62% of his stock in the company on the same day the drugmaker announced the results of its COVID-19 vaccine trial.
• Bourla sold $5.6 million in stock on Monday as part of a predetermined trading plan adopted August 19.
• His stock sale was carried out at $41.94 a share. The 52-week-high for Pfizer stock is $41.99, which means the CEO cashed out his shares at close to their highest price this year.

You greatly overestimate the importance of the elections:

‘If Voting Made a Difference, They Wouldn’t Let Us Do It’

Greed makes the world turn.

Well... Unless he also bought soon before the news came out OR he knows the vaccine doesn't live to expectations I guess there's not much to see here. Surely he will be watched closely anyways.

Also... only $5.6 millions? Bleh.

We are talking about an "insider info" worth countless billions globally.

[Lucius]

fillippone, I had no doubt that there was anything other than quick earnings behind this news. The media did a great job, people reacted as if we had the vaccine today, and as we see those who had privileged information benefited from it. In the end, it may happen that someone else's vaccine will be the first or better effective - but if you can't sell the product, sell the story that you have the product.

I don't understand the point in maiking the vaccine available, after the pandemic is controlled. It is needed right now, not after 6 months.

How do you expect the vaccine to be distributed when the clinical trial has not yet been completed and production has not yet begun? Also, this 90% success rate may be premature because it’s actually about incomplete results, and it’s really not clear to me why they posted this other than inflating their stock prices. Even if they get a manufacturing license, they could only produce about 50 million doses by the end of this year, and each vaccine will first go to the most vulnerable groups, meaning health workers, police, the military, people over 60 and so on.

[philipma1957]

On a separate note: do you rember the conspirancy theory about Pfizer coming out with a vaccine news just three days after the election?

They are a complete nonsense.
Proof:

Pfizer's CEO cashed out 60% of his stock on the same day the company unveiled the results of its COVID-19 vaccine trial

• Pfizer CEO Albert Bourla sold 62% of his stock in the company on the same day the drugmaker announced the results of its COVID-19 vaccine trial.
• Bourla sold $5.6 million in stock on Monday as part of a predetermined trading plan adopted August 19.
• His stock sale was carried out at $41.94 a share. The 52-week-high for Pfizer stock is $41.99, which means the CEO cashed out his shares at close to their highest price this year.

You greatly overestimate the importance of the elections:

‘If Voting Made a Difference, They Wouldn’t Let Us Do It’

Greed makes the world turn.

Great quote. 

[JayJuanGee]

I only went through ego death one time on LSD, which gave me some work to do about my personality and life as well, but in the end it turned out to be the very best that could happen to me.
So, people condemning drugs, because of "reasons", just don't know what they are missing.
It's all in the usage, like with guns. Nobody has to use em, but if only used for (ethical) goodness, nobody would be afraid of them either.

How would we know if our ego is too strong and/or needs to be put in check?

I suppose we only know after it has been put in check that it needed to have been put in check.  Perhaps?

Strong egos can sometimes be helpful, depending upon what is being attempted to achieved.. and surely, there can be strategic deployment of ego - depending upon if a guy/gal might be trying to sell something to another person or to persuade them of something - of course, in working relations these matters can be helpful, such as: "how to win friends and influence people."

[bitcoinPsycho]

[BobLawblaw]

Finger startin' to get itchy, yo.

[bitcoinPsycho]

Finger startin' to get itchy, yo.

Maybe you should scratch it with a rusty pipe 

[JayJuanGee]

PUMPAJ?

Observing $15,693

edit: nope, honey badger going back to bed

Looks like she might be getting ready to test resistance at $16k again.. going to see if there is any strength in such resistance... to potentially lead us to the $17,250 resistance that is immediate proximate in entering deadman zone....

gonna happen?  Gonna happen?

Are we ready?

Sure, I am not sure.. because we could get a pause in this momentum, too.

I did witness $15,766 on my screen in the past 5 minutes.  So, poising seems possible.  

Edit:  I am outdated, less than 13 minutes later - now witnessing $15,833 (and can't keep track - because keeps changing), which seems to be MOAR ongoing pumpening.   

[BobLawblaw]

My body is ready... Come on... Just a little bit more...

[Toxic2040]

[JayJuanGee]

My body is ready... Come on... Just a little bit more...

If you waited this long, then somewhere in the middle of $16,200 and $17,200 might be good and potentially reasonable - but what do I know?  

We may well already be at a local top....

Why let greed get in the way of locking matters in, when we are already in a pretty decent place?**  

**Note:  Bouncing between $15,703 (1 minute ago) and $15,898 (17 minutes ago) as I type this post.

[FullNode]

Nasdaq-listed miner Bit Digital has announced a mammoth purchase of almost $13.9 mln worth of Bitcoin miners,
according to a Nov. 11 press release.

https://u.today/nasdaq-listed-company-to-acquire-14-mln-worth-of-bitcoin-miners

[Torque]

I think proudhon is a HoDLer. A big HoDLer. Bigger that the average WOer.

And he's laughing his freakin' pants off right now...

To be fair, i was thinking for quite a long time that R0ach was also kidding and secretly hodling cornbags.

I can't remember in exactly what thread, but R0ach was outed long ago as a bitcoin/shitcoin day trader on Bitfinex.

That's what made his constant barrage of bullshit against Bitcoin so infuriating.

[philipma1957]

I only went through ego death one time on LSD, which gave me some work to do about my personality and life as well, but in the end it turned out to be the very best that could happen to me.
So, people condemning drugs, because of "reasons", just don't know what they are missing.
It's all in the usage, like with guns. Nobody has to use em, but if only used for (ethical) goodness, nobody would be afraid of them either.

How would we know if our ego is too strong and/or needs to be put in check?

I suppose we only know after it has been put in check that it needed to have been put in check.  Perhaps?

Strong egos can sometimes be helpful, depending upon what is being attempted to achieved.. and surely, there can be strategic deployment of ego - depending upon if a guy/gal might be trying to sell something to another person or to persuade them of something - of course, in working relations these matters can be helpful, such as: "how to win friends and influence people."

I would argue everyone should be forced to crash and burn against their will just so that they know they can be snuffed out much like "a candle in the wind".
The quotes refer to Elton John's song.

A Lot of people simply  work with the delusion that their will is all that matters in the world.  The down side to doing this to everyone is at least 60% (a guess) all-ready know that they are fragile so you would be cruelly making them suffer the crush out of ego.

This is not to say that strong egos are bad.  I often think of the miners trapped in  a South American mine and the very strong willed miner that kept the group together.  Good movie. real story.

https://www.npr.org/2014/10/29/359839104/the-incredible-story-of-chilean-miners-rescued-from-the-deep-down-dark

https://en.wikipedia.org/wiki/2010_Copiap%C3%B3_mining_accident


the movie

https://en.wikipedia.org/wiki/The_33



One of the best depictions of a strong ego saving the day.

[proudhon]

This erratic false-bull activity is going to hurt a lot of people who fail to exit now or enter into highly leveraged short positions. Use your science brains, people. Don't be fooled by fake news data.

[bitebits]

A welcome update, good job Trezor:

https://blog.trezor.io/privacy-in-trezor-suite-introducing-the-tor-switch-ac787a1c1c65

[hisslyness]

This erratic false-bull activity is going to hurt a lot of people who fail to exit now or enter into highly leveraged short positions. Use your science brains, people. Don't be fooled by fake news data.

Hey Buddy, some people where looking for you a few pages back....