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

[shahzadafzal]

[1715472782]

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[1715472782]

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[Biodom]

[edited out]

Actually, i am pretty sure that name calling is MUCH more off-topic than my meeker mentionings of the actual facts in the original cited text, but I digress.

If you are off topic and trying to compare and contrast shitcoins here, do you think that there is some kind of imperative to be nice about telling you to fuck off.  I was trying to be nice (within my abilities to do so), but you continue to persist to want to talk about shitcoins.

I wasn't talking ABOUT any coins, i was saying (in passing) that we are underperforming for 2-2.5mo, which is a statement of fact.
the rest is just your fake rage mixed up with some nonsense.

Under performing? you must be joking... Last time i'd check Bitcoin was 1T market cap. Is the other coins you are talking about 1T market cap or even close to that?

Just because a penny stock goes from 1c to 2c doesn't mean it is out performing stocks in the Dow Jones!...

I guess you don't know the term underperforming.
Going from 70% dominance to 48% is significantly underperfoming. I am pretty sure that "something" gained a few hundred bil in the process and it ain't pennys.
Look at the charts. Yes, it is easier to close your ears and keep saying na-na-na, like some do around here, hence the rage.
On the other hand, if you acknowledge the situation, maybe you can make a prediction as to when it reverses, possibly, which could be soon and better be.
If it continues for, say, 3 more mo, bigger money would start to actively leave and even more if it goes for a year.
Do you think "institutions" bought in because they suddenly become true believers?
They looked at the alpha and at a market cap and decided to spruce their portfolios, but if there is no alpha in relation to alternatives, they are a finicky bunch and will not stay for too long.

They can fuck off and go put their money in shitcoins if they believe that there is any there there.. .that would be nice to see a bunch of rich folks and institutions have their money go up in smoke... hahahahaha  Sure some are dumb, but I doubt that they are as dumb as you are making them out to be.. as a whole. 

In other words, good luck to you and the dumb folks who invest in shitcoins... and by the way, did anyone suggest to take that discussion somewhere else?  asking for a friend

sure, but do you have anything to say? lol

[sirazimuth]

ok you two ....get a room.   

[NotATether]

By the way, we still have about 17.5 hours left in this month's candle, and it would have to close above $58,789.96 for the candle to be green -

- which is good for me, because I have a shopping list of stuff I want to buy but not until we reach back to $60K levels so I don't wipe out my recent gains.

[AlcoHoDL]

Bitcoin underperforming? Huh?

Greedy much?

Off for my daily walk, feeling happy and blessed for my "fuck you" wealth, my hard-earned HoDL reward, all thanks to Bitcoin.

Onwards & upwards!

HoDL.

[Dabs]

5 to 10 seconds is enough time for a transaction to get to almost 90% of all nodes, and if there are no double spend attempts by the 11th second after you've seen the tx, if it has a decent enough tx fee (estimate up to 24 hours) then you know it will confirm, just a matter of time.

You might want to check that it's not marked as opt-in rbf too.

https://bitcoincore.org/en/faq/optin_rbf/

(Note that I'm not making any comment on RBF).

That's actually a good thing, but I'd wait for a confirmation in this case. They can always bump the fee higher to get it included faster in the next block. RBF would probably be a non-issue if it's a withdrawal from a custodial service you more or less trust. They may be doing it so they can merge or add transactions together while it's not yet confirmed, but eventually you'll get your coins and they may possibly save on fees if it ends up batching more transactions together.

[Sayeds56]

@XRPMadness
The effect of options on BTC (1d chart). Each circle is the expiration date, last Friday of the month. Line is the trend until those dates. Quite clear.

https://twitter.com/xrpmadness/status/1387836594602790912?s=21

Very good for mining the coin.kind Flat price + Flat difficulty also Good for buy the dip and hodl.

But yeah I see it being done to encourage Doge speculation and the like.

Ever since  you pointed it out I have purchased on the last three dips in the pattern.

I do see a solid break out on May 1 after the futures clear.

We (royal of course) can even grant you the whole day of May 1 until 12midnight UTC.. but you do not get any longer than that.

If BTC prices do not go above $70k before midnight UTC on May 1, you were wwwwwwwwwrrrrrrrrrrooooooonnnnnnnnggggggggg.

You can probably notice that I am wishing for you to be correct, though.  #nohomo.

Although, why the s-t is rallying, yo, and we are stuck in the doldrums? Hmmm

You should diversify more of your own holdings into shit, if you are so worried about missing out.  

 Charts of BTC $ S&P 500 of May-2020 reflect that  Sell in May and go away  is  a Myth.




https://www.tradingview.com/chart/BTCUSD/IFupWJ8G-BTC-and-S-P-How-accurate-is-Sell-in-May-and-go-away/

[d_eddie]

I think the present number go down episode is just the usual intermission of fuckery related to options/futures expiring tomorrow. Apparently, the max pain point this time is around 54k, so that's where the temp bears are likely aiming to.

https://www.coindesk.com/bitcoin-options-market-eyes-4-2b-expiry-on-friday

This time I think the Coindesk article nailed it.

At 8:00 UTC, the bitstamp price was around 54374 if I read the chart right.

Who'd have thunk?

I think now we get ourselves 3 weeks of unmanipulated market relatively unencumbered number-go-up fun.

[Philipma1957cellphone]

I think the present number go down episode is just the usual intermission of fuckery related to options/futures expiring tomorrow. Apparently, the max pain point this time is around 54k, so that's where the temp bears are likely aiming to.

https://www.coindesk.com/bitcoin-options-market-eyes-4-2b-expiry-on-friday

This time I think the Coindesk article nailed it.

At 8:00 UTC, the bitstamp price was around 54374 if I read the chart right.

Who'd have thunk?

I think now we get ourselves 3 weeks of unmanipulated market relatively unencumbered number-go-up fun.

Hoping for it. We the miners will soon get a nice bump in btc earnings as the difficulty is about to change may 2 it drops over 10%. Which means 10% more coins earned. I am thinking this should help boost price up.

[shahzadafzal]

What is this Satoshi (SATS) on coinmarketcap?
This is added recently on 7th April 2021 and have same logo as Bitcoin  

If I’m not wrong it’s not a token or any other crypto currency but actual Satoshis. It look likes coinmarketcap or someone have added Satoshi (SATS) to keep track of it's price agains USD ($).






https://coinmarketcap.com/currencies/satoshi/historical-data/

[LFC_Bitcoin]

@FerreMarett
Tomorrow is 1st of May, the month of the bull, my birthday month, and its Chinese year of the Ox (bull) - so lets just 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
https://twitter.com/ferremarett/status/1388109961297866756?s=21


May is also the birth month of LFC_Bitcoin, let’s gooooooo!

[d_eddie]

I think the present number go down episode is just the usual intermission of fuckery related to options/futures expiring tomorrow. Apparently, the max pain point this time is around 54k, so that's where the temp bears are likely aiming to.

https://www.coindesk.com/bitcoin-options-market-eyes-4-2b-expiry-on-friday

This time I think the Coindesk article nailed it.

At 8:00 UTC, the bitstamp price was around 54374 if I read the chart right.

Who'd have thunk?

I think now we get ourselves 3 weeks of unmanipulated market relatively unencumbered number-go-up fun.

Hoping for it. We the miners will soon get a nice bump in btc earnings as the difficulty is about to change may 2 it drops over 10%. Which means 10% more coins earned. I am thinking this should help boost price up.

... and pop she goes, like clockwork.

I think they were slightly, gently tapping her down to keep a lid on the optimal ~54k level until Hour 0 (expiry). The former experiment of the violent dump did bode well. Now they just removed their hands from her head, so she can float freely. Or just a bit more freely, who knows.

At least for now, the hypothesis holds.

[Toxic2040]

the morning wall report

a cusp is formed my young padawans
a large amount of options expires today
lets see who gets crushed
as far as the charts go...
the hourly had a decent rebound off last hours long legged doji
the 4 hour looks strong with a breakout above resistance
the daily is ambiguous but mostly positive I would say

#dyor

dog jowls begs for treat
kitteh says no..should have bought the dip
1h


manatee dives under kelp
4h


parrot flies away with corn
D

#stronghands

[Karartma1]

@FerreMarett
Tomorrow is 1st of May, the month of the bull, my birthday month, and its Chinese year of the Ox (bull) - so lets just 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
https://twitter.com/ferremarett/status/1388109961297866756?s=21


May is also the birth month of LFC_Bitcoin, let’s gooooooo!

Hoping that the infamous Sell in May and go away does not apply here!

[bct_ail]

Hoping that the infamous Sell in May and go away does not apply here!

Only May 2013, 2015 and 2018

https://www.investing.com/crypto/bitcoin/historical-data

[BitcoinBunny]

Are we finally moving?

Bunch of jack ass carry on.

[Toxic2040]

[Richy_T]

That's actually a good thing, but I'd wait for a confirmation in this case. They can always bump the fee higher to get it included faster in the next block. RBF would probably be a non-issue if it's a withdrawal from a custodial service you more or less trust. They may be doing it so they can merge or add transactions together while it's not yet confirmed, but eventually you'll get your coins and they may possibly save on fees if it ends up batching more transactions together.

Yes, a withdrawal is a given anyway since you just have to wait for it. It's more the low-to-medium value purchase realm that double spends could potentially be an issue.

[Toxic2040]

https://www.youtube.com/watch?v=rXG7W7skekw

[d_eddie]

... and pop she did indeed ;-)