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

[philipma1957]

Are you being clever or literal?

Under 3 or 4 minutes.

It amuses me to say "al gore rhythm" as it is fairly ludicrous statement.

Used to be funnier but the last few years of politics in the USA have been far too serious.

The real point of the algorithm she-256 is this

BTC = 179.79   Eh
BCH =    4.06   Eh
BHA =    0.114 Eh
BSV =    0.966 Eh

soo 179.79/184.93 eh = 97.22%  BTC  which seems pretty good

Try to find DOGE/LTC hashrate vs other scrypt coins

try to find any scrypt coin mined at .5% of the doge/ltc  rate.

I can't which means that LTC/DOGE merged is a bigger beast within scrypt
than BTC is within sha-256

Since I am a POW guy and btc was the king of POW
I am only saying it may be a bit vulnerable to LTC/DOGE

I have stated it more than once.

and gotten a lot of grief for saying it here in this thread.

I still hodl all my BTC
I sell all my mined Doge to cash
I sell 1/2 my mined eth to cash
I sell 1/2 my mined eth to btc
I am holding my mined LTC

Just because I switch these around does not mean I do not like BTC
But I see a trend towards attacking btc at the moment by guys like Musk and various governments

I have multiple assets to work with as I am a miner more then a trader.

But at the moment I am growing my cash faster than my btc just in case.

[El duderino_]

Update, please always check if you're on the list... also check if the price you wanna write down isn't already taken...

24,472  proudhon
33,333  sgbett
43,000  HeRetiK*
44,290  morvillz7z
46,640  sabotag3x*
47,200  Biodom*
48,377  xandry
48,520  Elwar*
48,777  theymos*
48,779  casperBGD
49,500  sheenshane*
50,000  Charles-Tim*
50,823  janggernaut*
51,770  bakasabo*
52,000  LoyceV
52,300  HairyMaclairy
52,469  acroman08
52,520  Woodie*
53,082  ETFbitcoin
53,333  icopress*
54,000  brokedummy
54,700  MoparMiningLLC*
55,000  bitebits*
55,500  jojo69
56,056  TopTort777
56,200  Arriemoller
56,230  Oasisman*
56,700  dothebeats*
57,089  galeriademodacom
57,452  weetious
57,775  Captain-Cryptory
58,133  Haunebu*
58,222  sirazimuth
58,500  LFC_Bitcoin*
58,820  kurious*
59,250  Krubster*
59,804  bitbollo
59,829  gabbie2010*
60,000  vapourminer
60,424  shahzadafzal*
61,015  julerz12
61,767  DdmrDdmr*
62,220  Mbitr
62,800  peter0425*
63,800  DeathAngel*
64,321  smartcomet
65,000  AlcoHoDL
65,847  Dabs
66,666  soullyG
67,500  BitcoinBunny
67,937  krogoth
68,000  2stout
69,420  SatsLife*
69,690  ChinkyEyes
70,000  philipma1957
70,500  Slot Kid
71,500  fillippone
72,239  cAPSLOCK*
72,400  Phil_S
72,555  OutOfMemory
73,155  d_eddie*
74,800  psycodad
75,800  friends1980*
77,000  ovcijisir*
77,500  Paashaas
77,777  JimboToronto
86,839  slaveforanunnak1
89,175  Yabes
100,000 somac.


https://bitcointalk.org/index.php?topic=5337266.msg57015859#msg57015859

[JayJuanGee]

40k € barrier broken for the third time on the 1H chart (soon after $50k got broken). Looks like there will be a DOWNity (for ants) before the big UPpity resumes before the end of May, taking us to a new ATH. Yes, I know this post is dumb and doesn't say much...

Where's Bob?

Are we going to concede that there might not be an ATH this month?

And will another ATH be reached during June?  or might we miss two months of new ATHs before reaching another ATH.

Personally, it seems to me that BTC price performance (in spite of our current price correction location) and our largely being stuck mostly in the $50ks since about mid-February, remains quite bullish as fuck even if we might miss several months of ATHs, and there is still half a month in this month to potentially reach another ATH.. so the correction is not shit.. yet.. in terms of either its depth or it length of time in the doldrums.. so sure gotta agree with you AlcoHoDL regarding the correction for ants.. so far.. and whether this lack of a new ATH lasts for 1, 2, 3 or even 6 months, that would not necessarily even come close to taking BTC out of its bull market posture - even though I would agree that the longer that any lack of a new ATH lasts, the more FUD spreading we are going to see and likely the more removal of additional BTC from weakhands that are likely going to get punished at some point..

And at this point, before we correct more (merely at 30% so far), I am going to suggest that a lack of an ATH for 1 to 2 months would be the more likely scenario rather than something between 3-6 months, but who knows?  Each of us should have a plan for either scenario and know what we are going to do so that we can persist both psychologically and financially in order to NOT do stupid things based on hype (aka FUD spreading bullshit).

Bob is crying like a little girl.. with searing.. aka brad.  #nohomo.

 

[cAPSLOCK]

Everyone says that CMC dominance is irrelevant since it also includes stablecoins.
Yet, whatever params you use, there has been a sharp decline in btc dominance from the end of December 2020 (72%) to now (40%).

https://www.tradingview.com/symbols/CRYPTOCAP-BTC.D/

IMHO, this has to reverse within a week or two, otherwise it would be difficult to recover and we would move (regrettably for me) from one hegemon (bitcoin) to a multi-polar crypto world.
It is not a popular possibility around here and my largely btc position would affect my worth (or the lack of it), but someone needs to point out that this scenario is possible.

TLDR; a bear market starting in 1-2 wk to smash alts or a true multi-polar crypto world is coming. Btc ETF approval could swing the balance back in btc favor, but I don't see anything else doing it, judging by the current dynamics.

I mainly see business as usual tbh.... dips like always.... I also have a “largely btc position” like 98% of my cryptos.... not gonna change that though...

The "it's different this time", and "bitcoin will not survive this" narratives are STRONG, currently.

[Toxic2040]

good morning/good evening lovely's

have a great day..get out if you can and blow the stink off yourselves

#dyor

1h


4h


D

#stronghands

[cAPSLOCK]

I have a couple of real world projects that I am trying to juggle currently, so I have not been able to get some greater grasp upon how my shitcoin holdings had changed in comparison to my bitcoin..

Wait what?

Your WHAT?!?

Shit.  It IS the altpocalypse as foretold by the... by the... well whoeverthehell is foretelling it.

[Biodom]

I have a couple of real world projects that I am trying to juggle currently, so I have not been able to get some greater grasp upon how my shitcoin holdings had changed in comparison to my bitcoin..

Wait what?

Your WHAT?!?

Shit.  It IS the altpocalypse as foretold by the... by the... well whoeverthehell is foretelling it.

His were not performing well initially, that's the reason of the 'The lady doth protest too much, methinks'.
This and not realizing that selling btc for fiat gives him/her the worst of s-tcoins aka fiat.
BTW, he/she is NOT joyful or helpful, but belittling, resentful and overall being just a typical nincompoop/'primadonna'.

[JayJuanGee]

40k € barrier broken for the third time on the 1H chart (soon after $50k got broken). Looks like there will be a DOWNity (for ants) before the big UPpity resumes before the end of May, taking us to a new ATH. Yes, I know this post is dumb and doesn't say much...

Where's Bob?

Price always goes down on the weekend, so expected. Let's just hope the UPpity actually resumes.

Absolutely right. Price goes down on Saturday but on Sunday evening price recovery starts.


https://www.longhash.com/en/news/3438/Monday-Lows-and-Sunday-Highs:-Bitcoin-Price-Patterns-By-Day-and-Hour

It tends to be dangerous to become too reliant on these kinds of supposed patterns even if they can be shown on charts, because they may well persist for a while and then when they do the opposite, such opposite may well come in a quite violent way that causes some folks who had been relying on such supposed patterns to get reckt as fuck, including losing any historical gain that they might have made from such and also taking the principle of a sufficient number of them that it is so easy... like a kitty cat toying with a mouse... and you overly reliant pattern traders are not the kitty cats... so you better protect ur lil selfies from getting trapped (or over exposed) in such scenarios/expectations.

Can we apply this philosophy to Bitcoin Community .... “UBUNTU - I am because we are”.

No.

Bitcoin no does not work like dat.

Bitcoin is built upon presumptions of competition and greed, and sure there are a decent number of instances of participants such as developers cooperating, but mining, market share, attacking the network, creating of competing shitcoins to print money and things like that do not presume cooperation but instead seem to cause bitcoin to become stronger from various kinds of competition.. including some of the intense FUD spreading and market cycles that cause the stronger hands to stay focus and allow for the redistribution of coins from the weaker to the stronger hands.

Everyone says that CMC dominance is irrelevant since it also includes stablecoins.
Yet, whatever params you use, there has been a sharp decline in btc dominance from the end of December 2020 (72%) to now (40%).

https://www.tradingview.com/symbols/CRYPTOCAP-BTC.D/

IMHO, this has to reverse within a week or two, otherwise it would be difficult to recover and we would move (regrettably for me) from one hegemon (bitcoin) to a multi-polar crypto world.
It is not a popular possibility around here and my largely btc position would affect my worth (or the lack of it), but someone needs to point out that this scenario is possible.

TLDR; a bear market starting in 1-2 wk to smash alts or a true multi-polar crypto world is coming. Btc ETF approval could swing the balance back in btc favor, but I don't see anything else doing it, judging by the current dynamics.

I mainly see business as usual tbh.... dips like always.... I also have a “largely btc position” like 98% of my cryptos.... not gonna change that though...

The "it's different this time", and "bitcoin will not survive this" narratives are STRONG, currently.

Exactly!!!!!!!


there are definite needs to ramp up the attacks and spread bullshit in even more convincing ways in order to attain some weak hand shakening success.  Does not really seem different to me this time, because whenever we are going through a correction and feeling that it is lasting longer than expected, the impending doom of bitcoin does feel "real" at the time of going through it... We mostly forget the feelings of the past corrections because we can see and verify how they turned out.. which we cannot really accomplish with a great degree of confidence while we are going through such contemporary corrections.

[Phil_S]

Tomorrow is 10-year anniversary of this famous twit:



From $8 to where we are now in 10 years...

[JayJuanGee]

Prediction time:

2017: Blockchain not Bitcoin
2021: Crypto not Bitcoin
2025: Central Bank Crypto not Bitcoin
2029: Corporate Network not Lightning Network
2034: Interstellar gate energy transfer not Earth Bitcoin
2038: Space Invader chips not Sol Bitcoin

Oh gawd...

showing your level of delusion.. but hey.. future speculation funzies, right?

By the way, a lot of way more relevant things can happen between now and 2025, and probably if you are projecting such supposed intergalactical travel and communication in such a short period of time, you should at least try to stay somewhat relevant by suggesting what is going to happen up until about 2140.. which your lack of doing so seems to presume that the drop in rewards and the transition to bitcoin fees ONLY remains a non-issue.. and I surely don't see any problem with that..

Overall, I will presume that many of us (that are still living and may not include yours truly) are going to first hand witness how foolish and out of touch your 2034 and 2038 predictions are.. only 13 and 15 years into the future respectively).

I have a couple of real world projects that I am trying to juggle currently, so I have not been able to get some greater grasp upon how my shitcoin holdings had changed in comparison to my bitcoin..

Wait what?

Your WHAT?!?

Shit.  It IS the altpocalypse as foretold by the... by the... well whoeverthehell is foretelling it.

Get real cAPS!!!!!!      

I would suggest that peeps fucking around with even 10% of their portfolio in various kinds of shit could be reasonable - even as a bitcoin maximalist or whatever, but still does not make it topical to get into details about that in this thread.

I give hardly any shits about my shitcoins. though I did find it quite amazing how much BNB pumped, and I was largely using it in order to get discounts for trades on Binance. and so kind of weird to see somthing that I spent about $1.3k on in 2016-ish, and then I spent nearly 30% of my stash through trading fees over the past 4-5 years, and then now my remaining stash is worth around $42k as I type, and I give no shits.. absolutely no shits.. I don't even plan on selling them or shaving off some profits or whatever.. although I bought some Monero.. cannot remember when exactly.. maybe around the same time or perhaps earlier than my BNB purchase, and it kind of pissed me off a few months ago one exchange announced that they were no longer supporting that shitcoin.. so I was like fuck, I am going to move them off such exchange, and I had to figure out how to move them including that I was not sure if I was going to be able to do it.. because I am not exactly into keeping up with shitcoin technicalities.. ...so I did end up shaving off about 30% of my Monero holdings causing additional irritation because I was selling them at a time that was at the timing dictated by some stupid ass exchange.. but I did end up holding onto about 70% of them, and they are up quite a bit too.. probably around 20x of my initial investment amount, and I give no shits about those either..


Even though I was irritated by the exchange delisting monero not only for the inconvenience of figuring out how to transfer them and my thinking that maybe I should sell some in the event that I did not figure out a transfer mechanism.. whatever.. sorry to hurt the ears of guys herein who give no shits about shitcoins.. including my lil selfie, even though I hold some.. and like I said in my earlier post that you seemed to have snipped out, cAPS.. that I believe that my value of shitcoins was quite less than 1% of my BTC portfolio.. but currently they are like getting closer to 2%... oh and if I factor out that around 4% (haven't gone into specifics recently) of my BTC portfolio is in fiat, then the shitcoins are even a smaller percentage if they were purely to be compared with BTC.. but no one really has time for that crap.. including figuring out what amount of money some folks give few shits about and are even willing to throw it away for funzies, learning or whatever personal reasons that may hardly be relevant and I likely said too much about that crap because you cAPS are trying to make some kind of issue out of a nonissue.. just because you are famous now...      Stop being famous.. you seemingly delusional fuck!!!! #nohomo

I have a couple of real world projects that I am trying to juggle currently, so I have not been able to get some greater grasp upon how my shitcoin holdings had changed in comparison to my bitcoin..

Wait what?

Your WHAT?!?

Shit.  It IS the altpocalypse as foretold by the... by the... well whoeverthehell is foretelling it.

His were not performing well initially, that's the reason of the 'The lady doth protest too much, methinks'.
This and not realizing that selling btc for fiat gives him/her the worst of s-tcoins aka fiat.
BTW, he/she is NOT joyful or helpful, but belittling, resentful and overall being just a typical nincompoop/'primadonna'.

hahahaha

of course, your explanation helps to understand this matter MOAR better.

 

[DaRude]

Can we apply this philosophy to Bitcoin Community .... “UBUNTU - I am because we are”.

No.

We don't need that collectivist BS. It's an individual race to the top, not a group hug to the bottom.

[BobLawblaw]

The situation is getting out of control.



EDIT: Not around much lately. Too busy building A GODDAMN FUCKING RANCH! WOOO!!!
EDIT2: "Yeee-hawww!"

[OutOfMemory]

The situation is getting out of control.



EDIT: Not around much lately. Too busy building A GODDAMN FUCKING RANCH! WOOO!!!

Aren't you supposed to YEEEE-HAA! now? 

[d_eddie]

The situation is getting out of control.



EDIT: Not around much lately. Too busy building A GODDAMN FUCKING RANCH! WOOO!!!
EDIT2: "Yeee-hawww!"

MuskAfee?

[Paashaas]

People still sending Bitcoin to Satoshi's address everyday.

https://blockchair.com/bitcoin/address/1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa.

[BitcoinBunny]

The situation is getting out of control.



EDIT: Not around much lately. Too busy building A GODDAMN FUCKING RANCH! WOOO!!!
EDIT2: "Yeee-hawww!"

MuskAfee?

That's right. MuskAfee.... Elong-John MuskAfee

-----

Who in their right mind is selling now?

[Sayeds56]

The situation is getting out of control.



EDIT: Not around much lately. Too busy building A GODDAMN FUCKING RANCH! WOOO!!!
EDIT2: "Yeee-hawww!"

MuskAfee?

[sirazimuth]

[cAPSLOCK]

The situation is getting out of control.



EDIT: Not around much lately. Too busy building A GODDAMN FUCKING RANCH! WOOO!!!
EDIT2: "Yeee-hawww!"

Good to see you anyway.  Though not so good to see McMuskee.  Eew.

Musk really does have feminine facial features.

[El duderino_]

It feels like "XRP" army just changed there name and now its "ADA"army ....