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

[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!

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.

Btw. 8400 Coins sems small when you see the movment on the market. But these are 420.000.000$ .. these are 42% of what michael put in fiat on the market. So 400 M$ has an impact in both ends. In fiat also in coins ...

[1714099837]

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[1714099837]

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[samson]

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.

I read something many years ago about a 'tethered' satellite which drags a cable into the magnetic field.

I can't remember the details or where I read it but there were large amounts of power to be extracted just by having the cable there.

You can apparently extract electricity directly from the earths magnetosphere with a cable.

Something like this I think : https://pwg.gsfc.nasa.gov/Education/wtether.html

If the above proves correct then there's no shortage of power available to those who want it....

[Phil_S]

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

Just because we want something, doesn't mean we'll get it.

Law of phisics do not care about our fellings.

Unverse is indifferent to humans, no need to feel betrayed.

[600watt]

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.

Btw. 8400 Coins sems small when you see the movment on the market. But these are 420.000.000$ .. these are 42% of what michael put in fiat on the market. So 400 M$ has an impact in both ends. In fiat also in coins ...

willy woo says that glassnode data that checks the pool sales on exchanges does not at all hint any big f2pool sell.

[600watt]

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

Just because we want something, doesn't mean we'll get it.

Law of phisics do not care about our fellings.

Unverse is indifferent to humans, no need to feel betrayed.

law of physics did not prevent us from visiting moon, sending probes beyond the solar system, exploring other planets and moons of our solar system. it is purely the lack of funding and lack of awareness that keeps us from building a lunar station, sending astronauts to mars, start building a generational space ship, start building lots of ISS alike stations in orbit.

up until the age of the internet only a hand full of gov members were to decide if this should be done and the result is not something that would consider breathtaking.

but the internet allows even the weirdest folks to connect and become a force. (i even heard of some nerds who say they invented digital gold  ). if enough people connect and decide to go to the moon i am sure it can be done. funding such endeavors was hard, even with a functioning internet. but bitcoin fixes this.

i dont feel betrayed by the universe. but by the folks who decided space is not an important frontier. imho it is the last and most important frontier of all.

[Cryptotourist]

The squeeze is getting tighter indeed. When daily $10k candles?

Should bounce hard any day now.

I didn't bought back! I actually sold more!

The good thing is - that you will soon run out of ammo - and GTFO.
Have fun getting rekt.


Gentlemen:



I don't think we will flip like last time round, cos that would take us to ~ $40k.
In fact, I believe that we're already on the rebound, $60k this month, $70k the next.

[heslo]

50k broken through again, let's hope it sticks this time!

[Phil_S]

law of physics did not prevent us from visiting moon, sending probes beyond the solar system, exploring other planets and moons of our solar system. it is purely the lack of funding and lack of awareness that keeps us from building a lunar station, sending astronauts to mars, start building a generational space ship, start building lots of ISS alike stations in orbit.

Lack of funding? Because that stuff is super extremely expensive.

Why it's so expensive? Laws of physics.

[Cryptotourist]

I wonder if a year of people not going to restaurants or shopping all day has disrupted such a feeling and given people the break they needed to get over their addiction to such things.

Nope, it's getting worse by being locked up inside watching trash TV and spending from home.
Sad really.

[dieselmeister]

...

willy woo says that glassnode data that checks the pool sales on exchanges does not at all hint any big f2pool sell.

Yeah ... maybe not the fool directly, but a participant. Where do you think went the 8400 Coins from yesterday? And yesterday we had a dump right the time we hit nearly 52k ... This thing goes on and on the last 2 week.
It's the only pool who has this huge amount of outflow.

But it's all a coincedence, that these dumps happen right after the pool flushes coins like confetti.

[600watt]

law of physics did not prevent us from visiting moon, sending probes beyond the solar system, exploring other planets and moons of our solar system. it is purely the lack of funding and lack of awareness that keeps us from building a lunar station, sending astronauts to mars, start building a generational space ship, start building lots of ISS alike stations in orbit.

Lack of funding? Because that stuff is super extremely expensive.

Why it's so expensive? Laws of physics.

what exactly are you trying to tell me here? mankind too poor for space?

[dieselmeister]

And again under 50k ... Why I am not suprised ...

[somac.]

And again under 50k ... Why I am not suprised ...

If this is f2pool dumping coins like you think, these dumps, that are getting no traction from elsewhere yet, will just be depleting their coins at a fast rate.

I am personally enjoying it. Especially knowing that within a few weeks we will be at all time highs again.

[Karartma1]

On a slightly different note please find my up-to-date bitcoin regulations:

• Be vigilant, you don't know when we go to the moon
• Be prepared, you might want to sell at least some well deserved cash
• Be reckless, if you see a nocoiner begging at you get out of their way
• Be gentle, remember those freinds who gave you strenght during difficult times (for me, there are some in here too)
• Be elusive, don't let the world get you have too many coins (not a problem for me atm, even though the price ratio will be an important variable)
• Be smart, keep living as usual
• Be kind, donate some (don't be a rich mfkr!) I personally did many donations over the years (one referenced here https://bitcointalk.org/index.php?topic=1574482.msg15840188#msg15840188)

Good morning WO stronghands,
I want you to revise a few shared golden rules.

Carolina is eagerly waiting for you, don't disappoint her like many you-know-who-i'm-referring-to.

[dieselmeister]

And again under 50k ... Why I am not suprised ...

If this is f2pool dumping coins like you think, these dumps, that are getting no traction from elsewhere yet, will just be depleting their coins at a fast rate.

I am personally enjoying it. Especially knowing that within a few weeks we will be at all time highs again.

It's not what I think, it's the outflow data from this pool. But you can ignore it. They basically accumulate a huge amout of coins over the years... so yes maybe they run out of coins, maybe they have short positions. We don't know.

But I can be that these dumps did have to do with any oth the 10th of thousend coins they removed from it's pool and someone put them into his garden to see them bloom don't know ... But I know that these amout of money has influence on the market. Especially when they put on the spot market directly.

[savetherainforest]

I didn't bought back! I actually sold more!

The good thing is - that you will soon run out of ammo - and GTFO.
Have fun getting rekt.

          

Still got thousands of sh!tcoins hanging on my cold wallets and waiting for them to reach parity with bitcoin. ... Or at least some degenerate 10x from what they are now.

But I will buy back after it goes under 45K ... maybe 44K ... maybe 37K / 39K .    

[machasm]

And again under 50k ... Why I am not suprised ...

If this is f2pool dumping coins like you think, these dumps, that are getting no traction from elsewhere yet, will just be depleting their coins at a fast rate.

I am personally enjoying it. Especially knowing that within a few weeks we will be at all time highs again.

It's not what I think, it's the outflow data from this pool. But you can ignore it. They basically accumulate a huge amout of coins over the years... so yes maybe they run out of coins, maybe they have short positions. We don't know.

But I can be that these dumps did have to do with any oth the 10th of thousend coins they removed from it's pool and someone put them into his garden to see them bloom don't know ... But I know that these amout of money has influence on the market. Especially when they put on the spot market directly.

You may or may not be correct. Personally I prefer if any whales would sell as this will eventually dilute their ability to influence the market in the future.
If you think about it, if F2Pool were to NOT sell their coins and the price was to go up higher then they would have even more influence on the price in the future if they began to dump then.
The best thing that can happen to bitcoin is that we have fewer whales and a lot more minnows.

[dieselmeister]

The best thing that can happen to bitcoin is that we have fewer whales and a lot more minnows.

That would be awesome! I totally agree...

[Phil_S]

law of physics did not prevent us from visiting moon, sending probes beyond the solar system, exploring other planets and moons of our solar system. it is purely the lack of funding and lack of awareness that keeps us from building a lunar station, sending astronauts to mars, start building a generational space ship, start building lots of ISS alike stations in orbit.

Lack of funding? Because that stuff is super extremely expensive.

Why it's so expensive? Laws of physics.

what exactly are you trying to tell me here? mankind too poor for space?

I'm trying to say that our expectations of future progress needs to be rooted in reality, instead of over-optimistic wishful thinking.

Reality is cruel and indifferent to our wishful thinking and daydreaming.

We can achieve pretty interesting things in space, as long as we stay within certain budgets.

But if we cross those limits, things get prohibitively expensive.

[OutOfMemory]

The best thing that can happen to bitcoin is that we have fewer whales and a lot more minnows.

That would be awesome! I totally agree...

I doubt so.
Matching headline from today's Espresso Chainanalysis newsletter:

"Retail sold the dip, again"

I'm trying to say that our expectations of future progress needs to be rooted in reality, instead of over-optimistic wishful thinking.

Reality is cruel and indifferent to our wishful thinking and daydreaming.

We can achieve pretty interesting things in space, as long as we stay within certain budgets.

But if we cross those limits, things get prohibitively expensive.

Maybe "better, faster, stronger" in terms of space expedition slowly approaches some saturation point of possibilities.