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

[shahzadafzal]

I'm not sure if you are serious or not but you and ivomm raise valid points.

Thought this thread was mostly just for a bit of fun, I never read the rules. It's pretty much the only thing I look at on the forum.

My mistake.

no no nothing serious here just for fun and at the same you get opportunity to interact with some awesome people..
There isn't any hard and fast rules to follow here... even if there are some guide lines it goes like this

Posting guild lines:
 Please lets keep this thread clean. ( I will be removing any off topic posts )
 Do not post random comments on this thread, unless it is directly related to the last wall update (ex. The 20K ask was was NOT sold into, it was removed after being tested)
 When you post a chart please use bitcoincharts.com, mtgoxlive.com, btccharts.com or bitcoinity.com (This information may be out of date)

Recommendations
Do: Post TA and news items related to Bitcoin, engage in friendly debate and banter, ignore people who offend or insult you
Don't: Be a drama queen

[1713573684]

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[Cryptotourist]

I'm not sure if you are serious or not but you and ivomm raise valid points.

They're pulling your leg, yo.

Thought this thread was mostly just for a bit of fun, I never read the rules. It's pretty much the only thing I look at on the forum.

Feel free to browse through my post history. It might enlighten you.

My mistake.

Nah, as you were.

[_javi_]

Pumpy

For ants...

Edit: who used the "for ants" phrase first? Was it Bob? This is so EPIC! 

The rise/recovery is nice.. but the volume is microscopic.

[AlcoHoDL]

Pumpy

For ants...

This did not age well... GOOD!

[El duderino_]

Pumpy

For ants...

Edit: who used the "for ants" phrase first? Was it Bob? This is so EPIC! 

#Zoolander did 

[AlcoHoDL]

Pumpy

For ants...

Edit: who used the "for ants" phrase first? Was it Bob? This is so EPIC! 

#Zoolander did 

Haven't watched it, thanks!

[bitcoinPsycho]

https://www.independent.co.uk/life-style/gadgets-and-tech/bitcoin-price-prediction-stimulus-b1815134.html

"Anyone who invested their $1,200 stimulus cheque into bitcoin last April would now have more than $10,000 worth of the cryptocurrency"

[ivomm]

In Bitcoin We Trust?

....

All of which points to inflation not far down the road. Traditionally, this is a prospect that would have triggered an increase in demand for store-of-value commodities such as precious metals. However, technology has come to the rescue with an increasingly compelling commodity called bitcoin, a cryptocurrency based on a fundamental principle: its supply is finite and it has already been issued at a very high rate. That gives it a fundamental advantage in terms of trust over either tradicional currencies or stablecoins based on baskets of coins or assets which, as we have already seen, are very unstable.

There are more and more important players in the economy, from companies like Tesla, Square, China’s Meitu and many others; banks like Citi, Goldman Sachs, JPMorgan; investors like Guggenheim or Paul Tudor Jones; or insurers like MassMutual, which have decided to take positions in bitcoins or offer them to their clients as a critical hedge against the possible devaluation of the dollar. This has encouraged a large number of companies to buy bitcoins, which in turn has sent the value of the cryptocurrency soaring. Let’s see what happens if a country decides to buy bitcoin en masse.

It’s very hard to predict where the post-pandemic economy is going, but there seems to be a growing consensus that bitcoin will play a big role in establishing its direction of travel. The reality is that there are no more truths or lies about economics anymore. To all intents and purposes, and particularly in the post-pandemic context, the bitcoin is a far more valuable asset to gold, silver, the dollar or the euro. A fact that many people, regrettably, have yet to understand.

https://www.forbes.com/sites/enriquedans/2021/03/11/in-bitcoin-wetrust/?sh=7d4ee25d2a07

[heslo]

https://www.independent.co.uk/life-style/gadgets-and-tech/bitcoin-price-prediction-stimulus-b1815134.html

"Anyone who invested their $1,200 stimulus cheque into bitcoin last April would now have more than $10,000 worth of the cryptocurrency"

That is just so incredibly awesome and shows how far we've come; what a wild ride

[savetherainforest]

https://www.independent.co.uk/life-style/gadgets-and-tech/bitcoin-price-prediction-stimulus-b1815134.html

"Anyone who invested their $1,200 stimulus cheque into bitcoin last April would now have more than $10,000 worth of the cryptocurrency"

That is just so incredibly awesome and shows how far we've come; what a wild ride

That won't save us from Elon Musk dumping his bitcoin.    

[Wekkel]

Ok, that was enough for an ignore.

Price is going up nice and steadily. RSI on the 3D chart is moving across 70 with plenty of room for another move upwards towards new ATHs.

[Cryptotourist]

Ok, that was enough for an ignore.

You flatter him that way. It's best to tell him to fuck the fuck off.

Price is going up nice and steadily. RSI on the 3D chart is moving across 70 with plenty of room for another move upwards towards new ATHs.

Confirmed.

[AlcoHoDL]

Only 750 € for Euro-ATH.

Burn them trees!

[LFC_Bitcoin]

@BTC_Archive
This is what happened to #Bitcoin  when the $1,200 stimulus cheque went out last time. 🤔

https://twitter.com/btc_archive/status/1369964886126657537?s=21

[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!

according to WSB it's just a gamma squeeze.

+1 WOsMerit


You're right, and I stand corrected. I hadn't seen the spiky pattern of the previous (gamma+short) squeeze. Apparently, this time it's gamma only, and it's rather new as a phenomenon. A good piece I just found on Forbes lays it down in simple but accurate terms.

https://www.forbes.com/sites/georgecalhoun/2021/03/10/gamestop-the-second-surgeanatomy-of-a-gamma-swarm/

[AlcoHoDL]

I see our ants are working hard...

I read somewhere that without ants the world would cease to exist. Now I see why.

[BobLawblaw]

- Polymerase Chain Reaction (PCR) Test — The most accurate of all, slow, detects antigens (i.e., shows if you currently have the virus).

If memory serves, there is some controversy with PCR tests. Specifically, it will also test positive if you've had C19 in the past, as the dead tissue and cells do linger around for some time - is what I'm hearing. Maybe the antibodies even trigger a positive PCR test. Fuck. I dunno.

Anal swabs all the way.

Most accurate.

Trust me.

[d_eddie]

https://www.independent.co.uk/life-style/gadgets-and-tech/bitcoin-price-prediction-stimulus-b1815134.html

"Anyone who invested their $1,200 stimulus cheque into bitcoin last April would now have more than $10,000 worth of the cryptocurrency"

That is just so incredibly awesome and shows how far we've come; what a wild ride

What's even more incredibly awesome is Forbes (again) publishing an article that sings praise to the corn in simple, clear, non emphatic words. After the "pioneers/cyberpunks" (that's us for the normies - let's leave it at that) and the visionary entrepreneurs...

Gentlemen, let me introduce you to the mainstream financial culture.

In Bitcoin We Trust?

....

All of which points to inflation not far down the road. Traditionally, this is a prospect that would have triggered an increase in demand for store-of-value commodities such as precious metals. However, technology has come to the rescue with an increasingly compelling commodity called bitcoin, a cryptocurrency based on a fundamental principle: its supply is finite and it has already been issued at a very high rate. That gives it a fundamental advantage in terms of trust over either tradicional currencies or stablecoins based on baskets of coins or assets which, as we have already seen, are very unstable.

There are more and more important players in the economy, from companies like Tesla, Square, China’s Meitu and many others; banks like Citi, Goldman Sachs, JPMorgan; investors like Guggenheim or Paul Tudor Jones; or insurers like MassMutual, which have decided to take positions in bitcoins or offer them to their clients as a critical hedge against the possible devaluation of the dollar. This has encouraged a large number of companies to buy bitcoins, which in turn has sent the value of the cryptocurrency soaring. Let’s see what happens if a country decides to buy bitcoin en masse.

It’s very hard to predict where the post-pandemic economy is going, but there seems to be a growing consensus that bitcoin will play a big role in establishing its direction of travel. The reality is that there are no more truths or lies about economics anymore. To all intents and purposes, and particularly in the post-pandemic context, the bitcoin is a far more valuable asset to gold, silver, the dollar or the euro. A fact that many people, regrettably, have yet to understand.

https://www.forbes.com/sites/enriquedans/2021/03/11/in-bitcoin-wetrust/?sh=7d4ee25d2a07

Nice find, ivomm.
+1 WOsMerit

[UnDerDoG81]

https://www.independent.co.uk/life-style/gadgets-and-tech/bitcoin-price-prediction-stimulus-b1815134.html

"Anyone who invested their $1,200 stimulus cheque into bitcoin last April would now have more than $10,000 worth of the cryptocurrency"

That is just so incredibly awesome and shows how far we've come; what a wild ride

That won't save us from Elon Musk dumping his bitcoin.    

I think the problem will not be Musk dumping HIS coins but the sheeps who follow his lead.

[vroom]