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

[LUCKMCFLY]

Hi guys!!!

Blockchain Technology
Macro RSI Shows Bitcoin is on the Verge of a Massive Bull Run

Bitcoin has seen a rapid rally over recent weeks from the $10,000 range to $16,000 as of this article’s writing. The leading cryptocurrency is expected to move even higher in the weeks and months ahead as long-term trends are still positive.

according to PlanB:

“if you missed 2013 and 2017 bull markets: current #bitcoin price rise to $16k is just a small taste of what will come next. we are just warming up.”

Source:https://thecryptostreet.com/blockchainnewsmagazine/macro-rsi-shows-bitcoin-is-on-the-verge-of-a-massive-bull-run/?utm_source=dlvr.it&utm_medium=twitter

I think a very good movement is brewing ... I think that by this December we will be able to touch $ 20k again ..

[soullyG]

[TheJuice]

Hi guys!!!

Blockchain Technology
Macro RSI Shows Bitcoin is on the Verge of a Massive Bull Run

Bitcoin has seen a rapid rally over recent weeks from the $10,000 range to $16,000 as of this article’s writing. The leading cryptocurrency is expected to move even higher in the weeks and months ahead as long-term trends are still positive.

according to PlanB:

“if you missed 2013 and 2017 bull markets: current #bitcoin price rise to $16k is just a small taste of what will come next. we are just warming up.”

Source:https://thecryptostreet.com/blockchainnewsmagazine/macro-rsi-shows-bitcoin-is-on-the-verge-of-a-massive-bull-run/?utm_source=dlvr.it&utm_medium=twitter

I think a very good movement is brewing ... I think that by this December we will be able to touch $ 20k again ..

I agree, we should tickle 20k in a few short weeks. I'm excited for 2021. LFG

[philipma1957]

And Kraken 16k again.  Don't know what to think, for the immediate term.  Sideways?

we have not reach the miners profit high of 13k back in july 2019

if we did after adjustments we would need to be over 25k maybe 30k.

We promptly crashed back down in aug 2019 and hit a low of 3900 in feb of 2020.


basically I don't see a  correction short term until we get closer to 25-30k

I understand this logic, but disagree on a short term call.
We will most definitely dip at 20-21k.
There are too many bagholders who will sell at ATH (as soon as it is reached).
Maybe 20% or even 30% dip to $14-16K. I don't need to buy that dip, but I might.
Why? it always happens-see Dec 2016-Jan 2017

Good counter point.

USA tax law can favor a sale of a cap gain {gain} in December if you have lots of cap gain losses earlier in the year.

USA tax law can favor a sale of a cap gain {gain} in January if you hodled so long and have only gains.  You don't pay it for as long as April 15 2022 if you sell a gain in Jan 2021.

[jojo69]

[fillippone]

A nice tweet from a new Twitter account:

These are the levels and this is what institutional fomo looks like

https://twitter.com/whale_map/status/1327260627463761921?s=21


Basically the graph plots a bubble when some bitcoin land on a whale portfolios (>10K BTC) and it is NOT spent afterward.
The size of the bubble il the size of the purchase.

This graph smell like FOMO

[philipma1957]

"
2020-10-21  12,584
2020-10-22  12,963
2020-10-23  12,914
2020-10-24  13,053
2020-10-25  13,077
2020-10-26  13,063
2020-10-27  13,446
2020-10-28  13,372
2020-10-29  13,321
2020-10-30  13,406
2020-10-31  13,766

2020-11-01  13,762
2020-11-02  13,545
2020-11-03  13,632
2020-11-04  13,908
2020-11-05. 14,937
2020-11-06  15,570
2020-11-07  15,076
2020-11-08  15,255
2020-11-09  15,364
2020-11-10  15,325
2020-11-11  15,562
2020-11-12  15,939   < edit
2020-11-13  16,279
2020-11-14.  ?


note pulled info from here


https://bitcointalk.org/index.php?topic=138109.msg55488187#msg55488187

as I noted in an earlier post
 { https://bitcointalk.org/index.php?topic=178336.msg55491561#msg55491561 }

 the  best streak of above 12,584

was from 2017-12-06 to 2018-01-15  that was 41 days

so 25 down and 16 to go.

   This will be a really nice streak to break.

  If we stay hot we break the streak on Dec. 2, 2020

so 2020-12-02 here we come.




We also are developing a second streak Nov 1 on is above 13545

we have never had a full month from day one stay above 13000. I for one want to see both things happen.

and we are unfolding a third streak more on that later."




I am quoting and altering my post from yesterday.


I want to talk about the third streak that is opening up.  BTC never had 12 days in a row over 15000

Below is the longest 15k+ streak

2017-12-21  16,033
2017-12-20  16,724
2017-12-19  17,986
2017-12-18  18,634
2017-12-17  19,110
2017-12-16  18,430
2017-12-15  17,334
2017-12-14  16,351
2017-12-13  16,434
2017-12-12  16,854
2017-12-11  16,293.    11 days in a row.


note I get all my stats from the following thread.  https://bitcointalk.org/index.php?topic=138109.msg1472141#msg1472141

I have been using his data to show these streaks.

So we have 3 streaks going
1) 12854 +. is at 23 days and closing in on the 41 day streak from dec 2017 to jan 2018

2) we have a 7 day 15000+ streak closing in on the 11 day streak from dec 11 2017  to dec 21 2017

3) and our Nov 1 to Nov 14 streak above 13000 is the second longest streak from the beginning of the month above 13000. Jan 1 2018 to Jan 15 2018 is in first place.

update so far so good  as we are now over 16,200

 I will get back to this at night.  We need to keep this up!

So updates.

3) if we stay over 13000 until Nov 16 we break the best beginning steak ever for any month.       15 days is old record.   2 days to break this record

2) We should stay over 15,000 by closing which will bring us to 9 in a row over 15k                     11 days is old record.   3 days to break this record

1) we have a 25 day streak over 12584. -----------------------------------------------------------  old record is 41 days.        17 days and counting

I assume hope we are good for the 14th and just kept it up.

[JayJuanGee]

I wonder how nullius' posts look after a few mg of C₁₂H₁₇N₂O₄P  

nullius & JJG in the middle of a cocaine session, sitting at a table, debating something.......

nullius and JJG sitting in a tree

t

a

lk

i

n

g


.....

#no homo.

[Lambie Slayer]

A nice tweet from a new Twitter account:

These are the levels and this is what institutional fomo looks like

https://twitter.com/whale_map/status/1327260627463761921?s=21


Basically the graph plots a bubble when some bitcoin land on a whale portfolios (>10K BTC) and it is NOT spent afterward.
The size of the bubble il the size of the purchase.

This graph smell like FOMO

Golden Bull Run confirmed. HODL.

[Lambie Slayer]

"
2020-10-21  12,584
2020-10-22  12,963
2020-10-23  12,914
2020-10-24  13,053
2020-10-25  13,077
2020-10-26  13,063
2020-10-27  13,446
2020-10-28  13,372
2020-10-29  13,321
2020-10-30  13,406
2020-10-31  13,766

2020-11-01  13,762
2020-11-02  13,545
2020-11-03  13,632
2020-11-04  13,908
2020-11-05. 14,937
2020-11-06  15,570
2020-11-07  15,076
2020-11-08  15,255
2020-11-09  15,364
2020-11-10  15,325
2020-11-11  15,562
2020-11-12  15,939   < edit
2020-11-13  16,279
2020-11-14.  ?


note pulled info from here


https://bitcointalk.org/index.php?topic=138109.msg55488187#msg55488187

as I noted in an earlier post
 { https://bitcointalk.org/index.php?topic=178336.msg55491561#msg55491561 }

 the  best streak of above 12,584

was from 2017-12-06 to 2018-01-15  that was 41 days

so 25 down and 16 to go.

   This will be a really nice streak to break.

  If we stay hot we break the streak on Dec. 2, 2020

so 2020-12-02 here we come.




We also are developing a second streak Nov 1 on is above 13545

we have never had a full month from day one stay above 13000. I for one want to see both things happen.

and we are unfolding a third streak more on that later."




I am quoting and altering my post from yesterday.


I want to talk about the third streak that is opening up.  BTC never had 12 days in a row over 15000

Below is the longest 15k+ streak

2017-12-21  16,033
2017-12-20  16,724
2017-12-19  17,986
2017-12-18  18,634
2017-12-17  19,110
2017-12-16  18,430
2017-12-15  17,334
2017-12-14  16,351
2017-12-13  16,434
2017-12-12  16,854
2017-12-11  16,293.    11 days in a row.


note I get all my stats from the following thread.  https://bitcointalk.org/index.php?topic=138109.msg1472141#msg1472141

I have been using his data to show these streaks.

So we have 3 streaks going
1) 12854 +. is at 23 days and closing in on the 41 day streak from dec 2017 to jan 2018

2) we have a 7 day 15000+ streak closing in on the 11 day streak from dec 11 2017  to dec 21 2017

3) and our Nov 1 to Nov 14 streak above 13000 is the second longest streak from the beginning of the month above 13000. Jan 1 2018 to Jan 15 2018 is in first place.

update so far so good  as we are now over 16,200

 I will get back to this at night.  We need to keep this up!

So updates.

3) if we stay over 13000 until Nov 16 we break the best beginning steak ever for any month.       15 days is old record.   2 days to break this record

2) We should stay over 15,000 by closing which will bring us to 9 in a row over 15k                     11 days is old record.   3 days to break this record

1) we have a 25 day streak over 12584. -----------------------------------------------------------  old record is 41 days.        17 days and counting

I assume hope we are good for the 14th and just kept it up.

So you are saying Monday we should all eat a steak and post a picture and then moon? 

[JayJuanGee]

And Kraken 16k again.  Don't know what to think, for the immediate term.  Sideways?

we have not reach the miners profit high of 13k back in july 2019

if we did after adjustments we would need to be over 25k maybe 30k.

We promptly crashed back down in aug 2019 and hit a low of 3900 in feb of 2020.


basically I don't see a  correction short term until we get closer to 25-30k

I understand this logic, but disagree on a short term call.
We will most definitely dip at 20-21k.
There are too many bagholders who will sell at ATH (as soon as it is reached).
Maybe 20% or even 30% dip to $14-16K. I don't need to buy that dip, but I might.
Why? it always happens-see Dec 2016-Jan 2017

Here's how most peeps should judge your "always happens" proclamation:



But, yeah... do what you like


But yeah... expect what you like

It's a free world... last time I checked.

 

 

[LFC_Bitcoin]

"I hear he HODL’s BTC"

[nullius]

nullius & JJG ... sitting at a table, debating something.......

nullius and JJG sitting in a tree
t
a
lk
i
n
g
.....

#no homo.

Are you trying to incite me to toss up a Wordiest-Man® Wall-o’-Text™ on the abominable degeneracy of a culture in which men cannot partake in old-fashioned camaraderie, without wrongful imputations of homosexuality that necessitate disclaimers thereof?

I like you, man (#nohomo), but you are just begging for me to regale the Wall Observer with my real opinion of the sickness of modern democratic times.


Official Wordiest-Man® Word of the Day™:

     intercourse

Once upon a time, I seduced a beauteous lady of arts and letters with a running erotic joke about commas, interspersed with intercourse on Byron.  Thence ensued a story more appropriate for /u/GirlsGoneBitcoin than here, wherein she confirmed my reputation as “mad, bad, and dangerous to know”.  Thus, I do understand why you’re jealous of my way with words; you should be.

Discourse, you fucking cretin, DISCOURSE.

Do you seriously think that response had anything useful in it? A little "intercourse" (DISCOURSE YOU PRICK) about your own stats?

I enjoy being hypercorrected by pretentious morons who neither grasp (not-so-)subtle double entendre, nor even know the definitions of basic English words:

intercourse

noun

1. dealings or communication between individuals, groups, countries, etc.

2. interchange of thoughts, feelings, etc.

3. sexual relations or a sexual coupling, especially coitus.

The original and proper sense of the word “intercourse” is of non-sexual communications.  The word only developed its sexual sense of ‘coitus’ as a euphemism; cf. “to know”:  I came in unto her, and knew her in the flesh.

Therefore, as Wordy-Man Supreme, it is perfectly proper for me to express my pleasure at the opportunity to have gay intercourse with Jay on the Wall, before an audience of observers.  #nohomo

A Species of Atavism.—I like best to think of the rare men of an age as suddenly emerging after-shoots of past cultures, and of their persistent strength: like the atavism of a people and its civilisation—there is thus still something in them to think of!  They now seem strange, rare, and extraordinary: and he who feels these forces in himself has to foster them in face of a different, opposing world; he has to defend them, honour them, and rear them to maturity: and he either becomes a great man thereby, or a deranged and eccentric person, if he does not altogether break down betimes.

An I be wont to wax sesquipedalian, I’ll retreat to the phrontistery for to desiderate lost epochs of literacy.

P.S., the title of this post is absolutely not calculated to torment and befuddle all of the filthy troglodytes whom I have deprived of my posts. :-)

P.P.S., I will now wait for someone who has never read philological texts to hypercorrect my apparently inconsistent usage of quotation marks.  Actually, I have been expecting that for awhile.
Edit:  Thanks, LFC, for the perfect way to sandwich this post.

[JayJuanGee]

“I hear he HODL’s BTC“

Whoaza!!!!!

Jojo is a girl?

OMG.

[edited out]

[surely a poetic wall of text aimed to induce one wordy man from another wordy man]

You da man!!!!!

You da man!!!!



#homo

[Biodom]

Here's how most peeps should judge your "always happens" proclamation:

deleted gif

But, yeah... do what you like


But yeah... expect what you like

Not any better or worse than S2F 'prediction' as far as timing is concerned.
The only question is-who gets more btc: those who follow the 'excel spreadsheet' strategy, those who simply buy and hold or others who trade on the periphery.
I think simple buy and hold would be the winner, silver to buy/sell at the margin and 'excel' would be a bronze..in my estimation.

[philipma1957]

"
2020-10-21  12,584
2020-10-22  12,963
2020-10-23  12,914
2020-10-24  13,053
2020-10-25  13,077
2020-10-26  13,063
2020-10-27  13,446
2020-10-28  13,372
2020-10-29  13,321
2020-10-30  13,406
2020-10-31  13,766

2020-11-01  13,762
2020-11-02  13,545
2020-11-03  13,632
2020-11-04  13,908
2020-11-05. 14,937
2020-11-06  15,570
2020-11-07  15,076
2020-11-08  15,255
2020-11-09  15,364
2020-11-10  15,325
2020-11-11  15,562
2020-11-12  15,939  
2020-11-13  16,279
2020-11-14  15,982


note pulled info from here


https://bitcointalk.org/index.php?topic=138109.msg55488187#msg55488187

as I noted in an earlier post
 { https://bitcointalk.org/index.php?topic=178336.msg55491561#msg55491561 }

 the  best streak of above 12,584

was from 2017-12-06 to 2018-01-15  that was 41 days

so 25 down and 16 to go.

   This will be a really nice streak to break.

  If we stay hot we break the streak on Dec. 2, 2020

so 2020-12-02 here we come.




We also are developing a second streak Nov 1 on is above 13545

we have never had a full month from day one stay above 13000. I for one want to see both things happen.

and we are unfolding a third streak more on that later."




I am quoting and altering my post from yesterday.


I want to talk about the third streak that is opening up.  BTC never had 12 days in a row over 15000

Below is the longest 15k+ streak

2017-12-21  16,033
2017-12-20  16,724
2017-12-19  17,986
2017-12-18  18,634
2017-12-17  19,110
2017-12-16  18,430
2017-12-15  17,334
2017-12-14  16,351
2017-12-13  16,434
2017-12-12  16,854
2017-12-11  16,293.    11 days in a row.


note I get all my stats from the following thread.  https://bitcointalk.org/index.php?topic=138109.msg1472141#msg1472141

I have been using his data to show these streaks.

So we have 3 streaks going
1) 12854 +. is at 23 days and closing in on the 41 day streak from dec 2017 to jan 2018

2) we have a 7 day 15000+ streak closing in on the 11 day streak from dec 11 2017  to dec 21 2017

3) and our Nov 1 to Nov 14 streak above 13000 is the second longest streak from the beginning of the month above 13000. Jan 1 2018 to Jan 15 2018 is in first place.

update so far so good  as we are now over 16,200

 I will get back to this at night.  We need to keep this up!

So updates.

3) if we stay over 13000 until Nov 16 we break the best beginning steak ever for any month.       15 days is old record.   2 days to break this record

2) We should stay over 15,000 by closing which will bring us to 9 in a row over 15k                     11 days is old record.   3 days to break this record

1) we have a 25 day streak over 12584. -----------------------------------------------------------  old record is 41 days.        17 days and counting

I assume hope we are good for the 14th and just kept it up.

So you are saying Monday we should all eat a steak and post a picture and then moon?  

I am planning to cook skirt steaks for sunday when we tie the streak. Monday when we break the streak/steak I will be making brisket with potatos and riced cauliflower.  With a vanilla vodka iced tea whipped cream float. Garnished with a bit of flaked chocolate on top.

We just need 2 days I will photo the dinner just for you as your streak/steak post was funny.

[JayJuanGee]

Here's how most peeps should judge your "always happens" proclamation:

deleted gif

But, yeah... do what you like


But yeah... expect what you like

Not any better or worse than S2F 'prediction' as far as timing is concerned.

Any opportunity that you can to bash on S2F when hardly even a close comparison... except that you are wanting such comparison to seem similarly.

The only question is-who gets more btc: those who follow the 'excel spreadsheet' strategy, those who simply buy and hold or others who trade on the periphery.

I doubt that is the ONLY or the most appropriate question.

On a large number of occasions, I have asserted that one of the best strategies that any particular person can follow is to first figure out their own situation and then tailor their BTC strategy, if any, to their own particular circumstances. 

Of course, within BTC strategies, there are some that are better including DCA buying and ongoing accumulation until reaching some kind of tailored target.. and objectively, perhaps some kind of minimum investment into BTC would likely be better, as well.. but surely a bit more difficult to say in the event that people buying into BTC should, at least, attempt to figure out their cashflow first.

I think simple buy and hold would be the winner, silver to buy/sell at the margin and 'excel' would be a bronze..in my estimation.

Well, any beginner investor is not going to be in a good position to be doing anything very complicated, at all... so surely you are describing strategies that are more straight forward to more complex, and giving higher grades to more straight forward theories, and I cannot really disagree with that general overall idea in regards to recommending that peeps start with the basics first.

[virasog]

[600watt]

Offtopic (again) but i wrote about good news yesterday, so:

Some of my health issues seem to resolve a bit, in particular chronic pain and fatigue.
While i wasn't attending the pain part very much, because of manliness & shit, and because i got quite used to it over the years. It helped a lot to build muscle, which was only possible without pain and muscle weakness in the warmer seasons. Whenever it got cold outside, it became hard to exercise, because me and my muscles got exhausted before significant training effects kicked in, and the pains lasted for days after.
Same with fatigue and shortness of breath, awkward chronic pains, for example in my fingers and joints of my arms while just holding things like a pack of milk for more than a minute. Not to forget shooting and burning pain, like being stung with fine, glowing needles in fingers and toes.

So i came across an article about Fibromyalgia, some sort of rheumatic illness, mainly regarding the fine nerve endings and muscle/tendon tissues.
The article mentioned Thiamine (aka. Vitamin B1), and that the intake of relatively high doses as 250-500mg resolve pain and fatigue considerably in Fibro patients. Also, many diffuse symptoms were listed, and especially that it's been called a "women's disease" for a long time, because it was diagnosed in women with the use of "tender points", which are overly sensitive to pressure and reacting with heavy, momentarily pain sensations. Over 90% of diagnosed sufferers were women. New discoveries pointed out, that also men are suffering from it, but they typically show absence of said "tender points", and also showed a different spectrum of symptoms, like memory problems.

I instantly went  

I was taking B-Vitamins for years, because they helped to combat daily challenges through giving me more energy and power. Speaking of a daily dose of 55mg (50 Thiamine, plus 5 from a multi-vitaminB supplement). I just left out the daily 50mg away for a week and a half until i couldn't take it no more, because fatigue, muscle pain and inability to cope with any type of stress became unbearable. I couldn't sit straight because of back pain along the whole spine, my elbows, ankles and knees were hurting when i stopped to move for some time, worst in the morning, when i was doing extremely hard to get up. Tired and short breathed all day long, short term memory problems got worse too, my libido vanished.

Taking an extra 250mg of Thiamine (five times the usual dose) resolved all this within a matter of three days.


After a week i'm on 200mg daily, about to try higher doses soon, after checking out any possible side effects. So far there aren't any.
I am able to work out like in summer, i'm even feeling half as heavy when doing push-ups, squats and reverse rows than 20 days ago, before i started to stop Thiamine intake.
The missus is glad too, because i am nicer to the kids again and performance returned in the penile area as well

So, looks like a good evidence for a valid ICD diagnosis after 9 years of suffering and maybe some more suited future treatment to help me fight this daily nightmare.
Marijuana helped to recover strained muscles and get deep sleep, it also reduced some shooting nerve-pains.
So far, about the toxicity of drugs, some are remedy - especially the (scientifically proven) neuro-regenerating ones, in particular THC. (this especially goes out to nullius).

i had no clue about all this. wishing you the best for your health.

[Syke]

Taking an extra 250mg of Thiamine (five times the usual dose) resolved all this within a matter of three days.

Five? Are you sure about that? The US RDA for Thiamine is about 1.2mg/day.