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

[nanobtc]

Looks great Jimbo, congrats! My family has a 5 acre lake on a prairie, bulldozers dug a hole, pushed it up into a dam to catch runoff. My grandpa dug it in the 1950's, it has a cabin on it. Unfortunately muskrats slowly destroyed the dam, most of it is drained.

In the future, we're talking about cutting the dam/draining it, digging it back out.

[ivomm]

I've been thinking about the price tag BTC/$ we are so used to. Instead, why not consider the reverse $/BTC? I mean at some point in the beginning it was 1$ for 1BTC. Year after year, the $ was losing its position to the current 1$ for 0.00002BTC. The pace with wich the $ loses 0's after the decimal separator is ridiculous. Then why some fat neck bansters are still trying to frighten the hodlers that BTC can go to 0? On what grounds - that there were several big corrections on the way, which are not even visible on the chart if we zoom out? Isn't it obvious that the reverse is way more probable - that the $ is going to add many more 0's after the decimal separator in the near future? And if there is any danger, it is for the fiat lovers - yes, it is possible that Bitcoin will dominate one day in such a way, that a (huge) number of 0's would be added in a matter of each hour. Now, that's the clapback to the fat banksters! And they should be frightened, not us the hodlers!

[Torque]

I can so relate to this...

"Sup guy"

https://twitter.com/AMERICANHODL3/status/1367188794642894849

lol

Over the years I've seen guys on YouTube exactly like this. In just a span of a few years, they've been through literally 50+ shitcoins and have never made any money.

Go figure.

[BitcoinBunny]

Resistance seems to be at 52K. If it can break through that solidly we might have a very positive weekend and rest of March.

[bluebits]

Ive been wanting to take time off but I cant until my exit, bounce buy, bounce sell, and re-entry from the crash

You are assuming you will be able to exit at the top.... how?

Trailing stop, or something like that. Right now I keep manually adjusting my stop to important levels I know would not be good to break like right now it is 18500.

Even if I miss it it'll still create huge waves I'll be able to trade and waves in altcoins that I can margin trade regardless of my position.

Lack of Tera2 in this thread is approaching distressing levels. Who will make the topcall within 5% ??

[philipma1957]

Ive been wanting to take time off but I cant until my exit, bounce buy, bounce sell, and re-entry from the crash

You are assuming you will be able to exit at the top.... how?

Trailing stop, or something like that. Right now I keep manually adjusting my stop to important levels I know would not be good to break like right now it is 18500.

Even if I miss it it'll still create huge waves I'll be able to trade and waves in altcoins that I can margin trade regardless of my position.

Lack of Tera2 in this thread is approaching distressing levels. Who will make the topcall within 5% ??

75-80k. once we get there put in a stop at 65k

[600watt]

Get it into orbit and use it to tether (and as material for) a space elevator.

Now, space elevators are another topic. We don't have the materials right now but fun stuff like if one collapsed, it would wrap around the world a couple of times (IIRC).

the circumference of earth is 24k miles. a space elevator woiuld need to be up probably 22k-26k miles. i guess it depends if this wrap would follow a circumference line or a smaller one. nice problem to think about. thx.

[jojo69]

[Richy_T]

the circumference of earth is 24k miles. a space elevator woiuld need to be up probably 22k-26k miles. i guess it depends if this wrap would follow a circumference line or a smaller one. nice problem to think about. thx.

Before you noodle too hard, I very well may be misremembering. It's a fair distance anyway though.

[600watt]

i love this space talk in WO. before i was born men went to the moon. and everyone expected us to be in space by the year 2000.


fuck, that is two decades ago. i am over 50 now and the most interesting things that happened during my life time regarding the space frontier is elon musk sending a tesla towards mars and a team of female scientists from india successfully sending a probe to mars with a smaller budget than the movie the martian. (well ok, there were the voyager probes and the hubble telescope, too)


in general i feel a bit betrayed regarding human endeavors in space. whatever happened to the future?


and dont come with the "we must first fix all the problems on earth before we can go to space" silly argument. we will never be able to "solve all problems". in fact, entering space age will actually help solving problems.

bitcoiners! let´s go the moon. l i t e r a l l y  !

funding? are you kidding me? if one elwar can fund a cruise ship, then 10 000 bitcoiners can fund a space ship. for fuck sake, we even have elon and richard (branson) already on board!!1!

a nice trade: humanity is handing over all the money to us (already in the making) and we bring humanity in to space. the final frontier.

let´s do it.

[Sayeds56]

Resistance seems to be at 52K. If it can break through that solidly we might have a very positive weekend and rest of March.

You are absolutely right.





https://www.tradingview.com/chart/BTCUSD/ukkFaf7S-BITCOIN-Can-we-see-100k-in-May-A-crazy-fractal/

[600watt]

the circumference of earth is 24k miles. a space elevator woiuld need to be up probably 22k-26k miles. i guess it depends if this wrap would follow a circumference line or a smaller one. nice problem to think about. thx.

Before you noodle too hard, I very well may be misremembering. It's a fair distance anyway though.

i was serious. it could wrap around the earth several times as long as it does not wrap around "straight" at a "equatorial" line. in what fashion would it wrap around? can someone elaborate? would a cable attached to a spinning sphere always wrap around an "equatorial" line? or could it also use other latitudes?


edit: i think you thought i was being sarcastic with the "nice problem to think about.thx" but i wasn´t. sorry for not making that clearer.

[600watt]

the problem that the notoric nay sayers, the bitcoin haters get wrong is that there is the chance of a monetary event of historical weight.  you can dismiss a stock, not believing it would fly. (hello google, amazon, facebook, etc)

you can dismiss an entire "new" technology. (hello tesla)

but since the age of the internet, the entire world is connected. the connected masses may not be satisfied with sending around cat pics and facebook likes forever. they may one day take control of the money and start sending value - p2p, decentralized, safe, secure, unconfiscateable, uncontrollable, not to be fucked around with by any entity.

if you dismiss a historic shift, a once a deca-millennia event, you lose big.

the story has changed from "it is risky to hold bitcoin" to "it is risky to not hold bitcoin"

this is just the beginning.

ACH and swift are baroque centralized text messaging services. bitcoin is a global digital monetary network. game over for fiat.

[Wekkel]

Indeed. The suits are losing control of their favourite tool: money.

This will be a historic event.

[philipma1957]

the circumference of earth is 24k miles. a space elevator woiuld need to be up probably 22k-26k miles. i guess it depends if this wrap would follow a circumference line or a smaller one. nice problem to think about. thx.

Before you noodle too hard, I very well may be misremembering. It's a fair distance anyway though.

i was serious. it could wrap around the earth several times as long as it does not wrap around "straight" at a "equatorial" line. in what fashion would it wrap around? can someone elaborate? would a cable attached to a spinning sphere always wrap around an "equatorial" line? or could it also use other latitudes?


edit: i think you thought i was being sarcastic with the "nice problem to think about.thx" but i wasn´t. sorry for not making that clearer.

well 24.5 k miles at equator iirc.

top of elevator could connect to a solar array that is charging gold telsa batteries.

not sure how to stablize the shaft of the elevator the solar array would power a warehouse transfer station.

[dieselmeister]

Good Morning WOvians ... So we had a huge dump from our friend the fuck2pool again this night to get the price down under 50k ... luckly we closed yesterday over 50k. We had a nice breakout to the upper side of the bull-flag ... and it seems to be goingupwarts until a bigger dump cam up. My suggestion is again a couple of thousands corns were dumped from fuck2pool ...

[somac.]

Good Morning WOvians ... So we had a huge dump from our friend the fuck2pool again this night to get the price down under 50k ... luckly we closed yesterday over 50k. We had a nice breakout to the upper side of the bull-flag ... and it seems to be goingupwarts until a bigger dump cam up. My suggestion is again a couple of thousands corns were dumped from fuck2pool ...

Where do you get the data for f2pool?

Also, don't be too worried, the market will eat up all their coins. In addition, I think they are a chinese pool right? this means if they say they have a million coins they actually have no more than 100k. The chinese are so full of shit, they big note themselves at every moment. It's for 'face' everything is about face for these tossers.

[Richy_T]

i was serious. it could wrap around the earth several times as long as it does not wrap around "straight" at a "equatorial" line. in what fashion would it wrap around? can someone elaborate? would a cable attached to a spinning sphere always wrap around an "equatorial" line? or could it also use other latitudes?


edit: i think you thought i was being sarcastic with the "nice problem to think about.thx" but i wasn´t. sorry for not making that clearer.

No, I thought you were being serious because it seems to me you're right. the "other end" would be geosynchronous orbit so ~22.2k miles. Such a station would have to be on the equator so would wrap around equatorially (if it failed in such a fashion).

I wish I could remember where I read about it now as it had some other interesting ideas for getting into space like linear accelerators and some weird double-donut thing I didn't understand.

Here's some interesting info https://en.wikipedia.org/wiki/Space_elevator_safety#In_the_event_of_failure

[dieselmeister]

Good Morning WOvians ... So we had a huge dump from our friend the fuck2pool again this night to get the price down under 50k ... luckly we closed yesterday over 50k. We had a nice breakout to the upper side of the bull-flag ... and it seems to be goingupwarts until a bigger dump cam up. My suggestion is again a couple of thousands corns were dumped from fuck2pool ...

Where do you get the data for f2pool?

Also, don't be too worried, the market will eat up all their coins. In addition, I think they are a chinese pool right? this means if they say they have a million coins they actually have no more than 100k. The chinese are so full of shit, they big note themselves at every moment. It's for 'face' everything is about face for these tossers.

CryptosRus makes several videos about this. They aree the only once how has and bitcoin outflow since december. And maybe it'S because they have mining farms in regions, where they forbidd mining in the future. Nobody knows, why they doing it, but they doing it. Nevertheless the number of coins they are moving ... Add several thousend to the market and the price is suffering. The same, add fiat money to the market and the price will go up.

Cryptoquant is one source. You can see the daily outflow for free. The hourly outflow you have to pay for it.

https://cryptoquant.com/overview/full/227?window=day

To be clear. We can trade millions of coins between us, there is not much price movement. You have to put in fresh (fiat) money, than the price goes up or you put "fresh" coins to the market and the price is going down.
In the long run they will loose and their coins will be eaten up. But they can cause movement around some key points and invalid outbreak on patterns for example or put us under a psychological barrier ... So don'T underestmated the force of 8400 addtional coins on the market... Yesterday, for example.

You are right, if we have a massive buyer market, then they coins will be eaten up very fast!

[somac.]

Good Morning WOvians ... So we had a huge dump from our friend the fuck2pool again this night to get the price down under 50k ... luckly we closed yesterday over 50k. We had a nice breakout to the upper side of the bull-flag ... and it seems to be goingupwarts until a bigger dump cam up. My suggestion is again a couple of thousands corns were dumped from fuck2pool ...

Where do you get the data for f2pool?

Also, don't be too worried, the market will eat up all their coins. In addition, I think they are a chinese pool right? this means if they say they have a million coins they actually have no more than 100k. The chinese are so full of shit, they big note themselves at every moment. It's for 'face' everything is about face for these tossers.

CryptosRus makes several videos about this. They aree the only once how has and bitcoin outflow since december. And maybe it'S because they have mining farms in regions, where they forbidd mining in the future. Nobody knows, why they doing it, but they doing it. Nevertheless the number of coins they are moving ... Add several thousend to the market and the price is suffering. The same, add fiat money to the market and the price will go up.

Cryptoquant is one source. You can see the daily outflow for free. The hourly outflow you have to pay for it.

https://cryptoquant.com/overview/full/227?window=day

To be clear. We can trade millions of coins between us, there is not much price movement. You have to put in fresh (fiat) money, than the price goes up or you put "fresh" coins to the market and the price is going down.
In the long run they will loose and their coins will be eaten up. But they can cause movement around some key points and invalid outbreak on patterns for example or put us under a psychological barrier ... So don'T underestmated the force of 8400 addtional coins on the market... Yesterday, for example.

You are right, if we have a massive buyer market, then they coins will be eaten up very fast!

Thanks for the link.

Yeah, long term is the way. I'm not going to deny that the short term movements from these sort of things don't suck, but long term its upward with f2pool sliding into irrelevancy.