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

[savetherainforest]

Bitstamp is offline (on my side at least)...

Mega-pump?

Edit: Came back again... Pump for ants. Still OK. Actually, the current price should make us all feel ecstatic, but we are far too desensitized to feel anything while we are under $100k. HoDLers...

I feel nothing below $100,000.
It’s like sticking my dick in Kim Kardashian - Like throwing a hotdog down a hallway......feel nothing!

Join me! ... Lets pray to Alah for the price to go to $27K!

And you will feel lots of things.    

You should max your leverage on shorting to 27k

I never play with that sh!t. ... Never play with leverage. That's a fools game. You better do 1 for 1 ... 1:1 is always better. You lose 50% that is always fine, you can work your way back to 100%. with a 1-2% per day, but getting out of debt on a negative balance, well... sheeeeeeeiiiiiit, you are better off selling drugs and working in some mobster cartel nonsense.    


*edit(): I always try to make a teaching moment out of a nasty mean hateful coment. Shame on you! You should never suggest to anyone to play with leverage.

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[d_eddie]

OT: Me observing the second GME short squeeze/ bubble thingy...

No squeeze IMO. Just some old style hype, with the new business plan, new CFO etc.

By the way, I gave up any dreams of an explosive short squeeze, but managed to sell enough so I'm now playing with house money. Not a lot of dough, but it does feel smug!

[Elwar]

Would you trust your bank with your bitcoin to earn interest?

What's a bank? That some kind of old-timey institution grandpa used?

I remember hearing about it as a kid around the camp fire when it was time for scary stories.

[BitcoinBunny]

Bitstamp is offline (on my side at least)...

Mega-pump?

Edit: Came back again... Pump for ants. Still OK. Actually, the current price should make us all feel ecstatic, but we are far too desensitized to feel anything while we are under $100k. HoDLers...

I feel nothing below $100,000.
It’s like sticking my dick in Kim Kardashian - Like throwing a hotdog down a hallway......feel nothing!

[savetherainforest]

Bitstamp is offline (on my side at least)...

Mega-pump?

Edit: Came back again... Pump for ants. Still OK. Actually, the current price should make us all feel ecstatic, but we are far too desensitized to feel anything while we are under $100k. HoDLers...

I feel nothing below $100,000.
It’s like sticking my dick in Kim Kardashian - Like throwing a hotdog down a hallway......feel nothing!

That viper b!tch better stay away from my boy Kanye. She just had to make him a famous porn star.   

[shahzadafzal]

Bitstamp is offline (on my side at least)...

Mega-pump?

Edit: Came back again... Pump for ants. Still OK. Actually, the current price should make us all feel ecstatic, but we are far too desensitized to feel anything while we are under $100k. HoDLers...

I feel nothing below $100,000.
It’s like sticking my dick in Kim Kardashian - Like throwing a hotdog down a hallway......feel nothing!

Oh boy there’s too much information for me to imagine here I can’t focus... I can’t focus... Kim Kardashian, halway, hotdog, sticking stick and BTC cruising $100k

(insert a mind exploding meme here)

[shahzadafzal]

I hope they had a DR plan in place already

https://twitter.com/disclosetv/status/1369688323246206978?s=21

[BitcoinBunny]

[BitcoinBunny]

[cAPSLOCK]

So lose/lose.  He keeps doing that. Lose/lose!

If daddy is right, he gets to watch his son go down in flames. - LOSE
If daddy is wrong then the son will be super rich, but dads gold will likely go down. - LOSE

And if I were the son and my fortune eclipsed my old man after he said that??  He sure as hell should never expect any help from ME.

Just noticed this screenshot leaves out the part that goes:

[Dead_M]

I thought it is gonna go up till 58 k again would be nice

[bitebits]

Visualized: Bitcoins going from old hodlers to new hodlers via exchanges:


https://twitter.com/krakenfx/status/1369819247036280836

"The % of #BTC's supply on exchanges is now at a 37-month low of roughly ~13%!
... market participants continue to come to market, load up their bags & move their #Bitcoin into storage."

[JSRAW]

So lose/lose.  He keeps doing that. Lose/lose!

If daddy is right, he gets to watch his son go down in flames. - LOSE
If daddy is wrong then the son will be super rich, but dads gold will likely go down. - LOSE

And if I were the son and my fortune eclipsed my old man after he said that??  He sure as hell should never expect any help from ME.

Just noticed this screenshot leaves out the part that goes:

[shahzadafzal]

https://imgur.com/ojCZNTl

Bitcoin dominates the crypto world... and will always be!

And the haters gonna hate, hate, hate, hate, hate...

So above graph i posted 2 years ago and that time Bitcoin was dominating by 62%... and today its 71% and loads of shitcoins already disappeared from the list.



Sooner this whole graph will be blue and for the BitcoinBunny

Baby, I'm just gonna shake, shake, shake, shake, shake
I shake it off, I shake it off (Whoo-hoo-hoo)

[600watt]

EDIT: Just registered me and wifey for SARS-CoV2 Antibody test (happening in about three weeks). Hopefully we can circumvent vaccination and restrictions this way.

Had a strange cough last year in february, lasted 3-4 weeks.

Thanks for this comment. Never thought of not needing to be vaccinated due to contracting COVID-19 in January. My work position is "sensitive" and there are strict policies regarding our health matters (can't disclose more, sorry). If having contracted COVID-19 makes vaccination pointless, then I won't do it (if I can avoid it). Will need to check it out.

i dont think an infection that occured 1 year ago can save you a proper vaccination. a more recent one could, though.

[infofront]

So lose/lose.  He keeps doing that. Lose/lose!

If daddy is right, he gets to watch his son go down in flames. - LOSE
If daddy is wrong then the son will be super rich, but dads gold will likely go down. - LOSE

And if I were the son and my fortune eclipsed my old man after he said that??  He sure as hell should never expect any help from ME.

Just noticed this screenshot leaves out the part that goes:

Schiff will be doing alright no matter what I think. He's probably made enough from management fees to insulate himself from a gold collapse.

[600watt]

Sooner this whole graph will be blue and for the BitcoinBunny

Baby, I'm just gonna shake, shake, shake, shake, shake
I shake it off, I shake it off (Whoo-hoo-hoo)

nice chart, but important disclaimer when looking at dominance in marketcap:

market cap is a very easy to manipulate metric for the shitcoin masters. there are new shitcoins popping up every day, always diluting such charts. their market cap is mostly made up. the market cap for the bigger shitcoins is also heavily manipulated. the creators of those shitcoins have a strong incentive to get into the top ten. they apply all kinds of tricks to achieve that, for example wash trading.

if you just look at the actual value throughput bitcoin dominance is way over 90%

also, there are disputes over what shitcoins to even count. if only "money" coins are counted btc dominance is also over 90%

https://bitcoindominance.com/


when checking coinamarketcap btc dominance is only 61%. how on earth...?  coinmarketcap has been bought by the biggest shitcoin casino on the planet: binance.  would a shitcoin casino be incentivized to make shitcoins look more attempting? 

[Wekkel]

Schiff will be doing alright no matter what I think. He's probably made enough from management fees to insulate himself from a gold collapse.

He knows what game he’s playing 

[Phil_S]

4 year shift

16x price shift





zooming in and zooming out...

[JayJuanGee]

Normally I would mention here that the price action of bitcoin is interesting in light of the fairly light volume.

But I think we are seeing something different this time (tm).

We have used the large retail exchanges as price oracles for the entire lifespan of Bitcoin, and still do.  But is this where the actual volume is happening now?

I would say not.

That divergence is very interesting to think about.  I have speculated in the past about scenarios based on this new paradigm, for example:  If I were a big money player I would be buying BTC over the counter, and dumping a little bit of it on the low volume exchanges to depress the retail price as I buy.  But who knows what is actually happening?

I wonder if the high price is causing unit bias to suppress Joe Sixpack from buying?

I can;t quite figure out what is happening exactly, but it is exciting me... that much I know.

I understand you, cAPSLOCK, to be saying that it seems different this time, and then you list some amorphous things that may or may not be happening to cause you to conclude that something may well be happening this particular time that is different.. but you  just cannot put your finger on it... ... which in essence seems to lend a decent amount of credibility to claims that this time is almost fucking the exact same (it just happens to be different), but we are so much on schedule and within the dominant BTC price prediction models (in my thinkenings) that the whole situation is almost like the wettest of wet dreams that anyone could actually be living through such a fantasy that is not actually a fantasy but "is happening" right in front of our very eyes, and "on schedule" at that.  

Who would-a thunk?  Truly, way too good to be true, so something must be up.