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

[JimboToronto]

Isn't it time for a new poll?

Since this one has been up, we've hit $60k numerous times, and it's highly unlikely we'll see sub-$50k ever again.

If we didn't go that low a couple of weeks ago when we had the last major correction, it's an extremely long shot for it to ever go that low again, even after a big bubble up over a quarter million and an extreme crash.

With the institutional involvement, it's unlikely we'll ever see another 80% crash.

[shahzadafzal]

A bonus protip.. you do not become richie by selling your BTC.

Without selling any BTC how you will be rich then? Of course selling all will be stupid.. but you have to sell sometime... world still runs on fiat...  (and Merc, GMC, Toyota, Honda etc)

[shahzadafzal]

Magnet link for the facebook flat files. 15G

magnet:?xt=urn:btih:0595273ab674e05131a757f69f494a4285b429aa&dn=Facebook%20Leak%20%5b2019%5d%5b533M%20Records%5d%5b106%20Countries%5d

So he want all of us to use Messenger and Whatsapp and he himself is using end-to-end encryption chat-app Signal?? Well done Mark Zuckerberg well done!!!

"A security researcher confirmed that Zuckerberg uses Signal app. Zuckerberg's phone number was among the leaked data of 533 million Facebook users. "




https://twitter.com/Daviey/status/1378646544719753216

https:// haveibeenfacebooked [dot] com

What data has been leaked?
Along with phone numbers, the following data has been leaked:

• Facebook Account ID
• Full Name
• Gender
• Relationship status
• Home address and birth location
• Workplace

in addition to that (for some accounts)

• Email

[serveria.com]

I just have 1 question



?? ??

Can't be. Last two characters are the same, so it must be something like GONG CHOO CHOO.

 You would think so but even though the first character is different, it's actually pronounced "贺 hè 赫 hè 赫 hè"

赫 赫 means something like "majestic" - it's the person's given name preceded by the family name 贺 - Hè

The family name might be pronounced "Ho" so "When Lamb Ho" would be more believable

So, a short for: when Lambos and hoes? 

[hv_]

Right - all that carries value to protect, firewalling, tresors, payment systems, AML checkins,.. you name it: All need PoW - permanently

if you pull the plug and go shitty like PoS, you retire and also your protection with it

[shahzadafzal]

FUD vs FACT

1. "According to TradingView, bitcoin’s market dominance is down to around 57% from near 73% at the beginning of the year."
https://www.coindesk.com/market-wrap-bitcoin-steady-near-59k-while-gains-in-altcoins-pushed-crypto-market-cap-to-2t

2. Bitcoin “will absorb the altcoin market cap sooner or later,” Ju said.
https://www.coindesk.com/crypto-market-capitalization-2-trillion-first-time

[P_Shep]

Aha, now I see. Lender makes a btc transaction to the borrower. So, no longer the lender's keys. This checks out.

If the btc are not back by the given time, the collateral is released (to the lender, I suppose). So the risk would be an insolvent borrower AND the collateral not covering the "new" value of btc at loan expiry. This also checks out.

What does not check out is the following. Imagine being the borrower. Imagine being asked for, say, 200% collateral. Maybe in USDC/USDT? OK. So at expiry, if the btc you borrowed is worth more than the collateral, why give the loan back? Let the lender just have the collateral. On the contrary, if the btc you borrowed is worth less than half the collateral, give it back of course, and keep your relatively precious collateral. In other words: a shorter's paradise. (EDIT - No: it's more like an arbitrage, since it's impossible to lose if this is all there is to it.) Am I missing something? It's obvious I am, but I don't know exactly what - or I wouldn't be missing it  

Another thing that escapes me: if you can post, say, 100k usd collateral, why would you borrow a bitcoin rather than buying one - or two? For simplicity, I'm assuming 1btc = 50k$.

Biodom, have you been able to figure this one out?

Just sounds like market forces then. Gotta predict what's going to happen and hope for the best. Either side could win or lose.

[Millionero]

Without selling any BTC how you will be rich then? Of course selling all will be stupid.. but you have to sell sometime... world still runs on fiat...   (and Merc, GMC, Toyota, Honda etc)

As bitcoin's value keeps going up, you can continue to borrow against it without increasing your debt-to-equity ratio.  You do not ever have to sell.

[OutOfMemory]

FUD vs FACT

1. "According to TradingView, bitcoin’s market dominance is down to around 57% from near 73% at the beginning of the year."
https://www.coindesk.com/market-wrap-bitcoin-steady-near-59k-while-gains-in-altcoins-pushed-crypto-market-cap-to-2t

2. Bitcoin “will absorb the altcoin market cap sooner or later,” Ju said.
https://www.coindesk.com/crypto-market-capitalization-2-trillion-first-time

"Altcoin season" about to top?

[BitcoinBunny]

Should have created my own blockchain token called Random Asshole Tokens or RATS and watch it go up 20% today for no reason too.

[Arriemoller]

Almost 10 o clock and the prize isn't moving. I was hoping for a "after holiday movement".

A well, let's see what happens when the muricans wake up.

In other news, we now have a vaccine against HIV. https://www.zmescience.com/science/vaccine-hiv-passes-phase-one-trial-23637533/

And Bhutan is vaccinating it's whole population in one go. https://www.zmescience.com/science/bhutan-vaccination-campaign-05042021/

[OutOfMemory]

Almost 10 o clock and the prize isn't moving. I was hoping for a "after holiday movement".

A well, let's see what happens when the muricans wake up.

In other news, we now have a vaccine against HIV. https://www.zmescience.com/science/vaccine-hiv-passes-phase-one-trial-23637533/

And Bhutan is vaccinating it's whole population in one go. https://www.zmescience.com/science/bhutan-vaccination-campaign-05042021/

Looks like a bull flag with a reversed-bart easter egg in the middle  
(EDIT: Formation naming suggestion: "Unicorn-Camel Pattern"?)

Great news, btw.
Good idea to put pressure on fighting HIV, especially when you look at the outview of SARS-CoV2 mutations that adjust to vaccination and bring a rise in infectivity and death rates. This fight will take a while.

[shahzadafzal]

"Altcoin season" about to top?

nah.

"Altcoin season" about to top pop?

[OutOfMemory]

"Altcoin season" about to top?

nah.

"Altcoin season" about to top pop?

Thanks for FTFM  

EDIT:

The last weeks feel like the time when certain people said "Bitcoin will never go over $10k again".
Maybe the same type are now ranting that it will never go over $60k again.
Please, repeat that at $360.000 at the end of Q4  

Gotta run, it's snow shoveling season all over again 

[BitcoinBunny]

"Altcoin season" about to top?

nah.

"Altcoin season" about to top pop?

"Altcoin season" about to top pop poop?

[New.in.trading]

If we break the current Higher High (ATH) then there is no stopping anymore. In case BTCUSD wants to go and give us a better price to get on board, I dont mind either and will grab another Btc or two. This is were It think, BTC is going:

[JayJuanGee]

A bonus protip.. you do not become richie by selling your BTC.

Without selling any BTC how you will be rich then? Of course selling all will be stupid.. but you have to sell sometime... world still runs on fiat...  (and Merc, GMC, Toyota, Honda etc)

Surely the implication of my above snipe is in regards to selling all or selling too much too soon.

Of course, also, there is a need to figure out a kind of balance, but in these times, there should be goals of figuring out accumulation goals and attempting to manage such accumulation goals.  Once you have achieved your BTC accumulation goals (and perhaps even over-accumulating) then you have a lot more flexibility in terms of selling portions or reallocating or whatever.

Bonus protip 2:  attempting to accumulate BTC by selling BTC is quite likely a very much inferior strategy to DCA buy, buy on dip and HODL -

Bonus protip 3:   Like any rule there are exceptions, don't automatically believe that you are going to be able to fit within the exceptions - until you have mastered and understood the basics first - which in BTC are DCA buy, buy on dip and HODL.

[macson]

https://www.youtube.com/watch?v=iYn6EQDqTkU

[Arriemoller]

Just sold 0.01 btc (no confirmations yet) let's see if that can't make the price move.

[Cryptotourist]

So, BTC dominance vs alts.



What do you guys n GIRLS think happens next.