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

[El duderino_]

Sometimes its just to HOT outside ... Some still have to figure out that PRICE watching ain't gonna help, live life enjoy, ride the waves and just know BTC is here to stay and change the world, its only happening at its own terms and there's no one who can change that.

[ChartBuddy]

Explanation

[somac.]

I keep seeing this everytime the mempool goes empty. A huge jump of 1 sat transactions over a matter of seconds. Does anyone know why? Is it perhaps a organisation that has thousands of addresses full of dust or something?

I like that you are thinking of reasonable non-adversarial reason for this.  I immediately go to Roger Ver or someone attacking the network.

No I'm afraid I'm not that innocent, I've been around bitcoin too long for that. My first thought is of course foul play, but the way this jump is done each time is slightly different so thought maybe different organisations just doing some kind of coin management thing.

[ChartBuddy]

Explanation

[JayJuanGee]

No I'm afraid I'm not that innocent, I've been around bitcoin too long for that. My first thought is of course foul play.

Yeah, agreed, sometimes you come off as a disgruntled turd...#no homo. but surely you have been better in recent days... especially compared to the level of your overbearing negativism nancyisms from a couple of weeks ago on our way down to $30,066 and even for a week or so after that when we were feeling more of that then DOWNity (and retest support) pressures.. including that (to give you some benefit of the doubt) you probably had been absorbing way too much of the FUD that was then being spread around the mainstream and even in various bitcoin and "crypto" circles, and giving way too much benefit of the doubt to what should have been apparent dumbass ideas..    but whatevers...



I am glad that you are coming off as kind of getting over that little phase..  

hahahahahahahaha

By the way any little movement and the passage of time above $30,066 feels quite good, and it feels quite good to building some distance away from $30,066 even though we surely do remain in reasonable striking distance of such current local bottom.. so surely, more up feels better, even though on a personal level I still continue to eye getting above $46k and even moreso getting back above $50k... .. even though those spots are somewhat random.. but more cushion for dee pushin always does have some more gooder feelings to it.. amiNOTrite?  

[marcus_of_augustus]

I keep seeing this everytime the mempool goes empty. A huge jump of 1 sat transactions over a matter of seconds. Does anyone know why? Is it perhaps a organisation that has thousands of addresses full of dust or something?

I like that you are thinking of reasonable non-adversarial reason for this.  I immediately go to Roger Ver or someone attacking the network.

No I'm afraid I'm not that innocent, I've been around bitcoin too long for that. My first thought is of course foul play, but the way this jump is done each time is slightly different so thought maybe different organisations just doing some kind of coin management thing.

wouldn't it just be a bot that rebroadcasts some old, cheapo TX that got dropped out of the mempool way-back-when it filled up? It's watching the mempool and when empty rebraodcasts I'd guess.

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[Biodom]

not statistically proven: chart buddy postings (when occurring at high frequency) seem to inhibit the number of other posts on WO.
I guess people get the info and are satisfied.

[JayJuanGee]

not statistically proven: chart buddy postings (when occurring at high frequency) seem to inhibit the number of other posts on WO.
I guess people get the info and are satisfied.

Yeah right...

 

[suchmoon]

Is China banning corn again?

[Gatorelf]

I guess Elon sneezed

[Sayeds56]

I guess Elon sneezed

https://t.me/OfficiaLCryptoindia/8702

[ChartBuddy]

Explanation

[philipma1957]

not statistically proven: chart buddy postings (when occurring at high frequency) seem to inhibit the number of other posts on WO.
I guess people get the info and are satisfied.

Yeah right...

 

Why is it posting on the hour?

i also think floating around 35 to 39 is boring and no on wants to jinx it into truly tanking to under 30

Many fear we drop under 30 and stay under for a while.

[Sayeds56]

not statistically proven: chart buddy postings (when occurring at high frequency) seem to inhibit the number of other posts on WO.
I guess people get the info and are satisfied.

Yeah right...

 

Why is it posting on the hour?

i also think floating around 35 to 39 is boring and no on wants to jinx it into truly tanking to under 30

Many fear we drop under 30 and stay under for a while.

True. General perception of Market Participants is that BTC will drop below 30K and stay there for many weeks before it pulls back.

[JayJuanGee]

not statistically proven: chart buddy postings (when occurring at high frequency) seem to inhibit the number of other posts on WO.
I guess people get the info and are satisfied.

Yeah right...

 

Why is it posting on the hour?

i also think floating around 35 to 39 is boring and no on wants to jinx it into truly tanking to under 30

Many fear we drop under 30 and stay under for a while.

Ok. sure I can go along with almost any theory if we are referring to on the margins, but still... I doubt whether ChartBuddy posting or not has any meaningful or material effect on the posting behaviors of other member of this thread.. except that some members notice that ChartBuddy has a high number of posts - sometimes in a row.  

I just barely passed up ChartBuddy in recent months in terms of number of posts, and so long as he does not get killed or injured again, he will be passing me back up within the next couple of weeks... gotta pick up the competition, perhaps... He's passing you up too, phillip, even though it could take a year or more.

Regarding BTC price, who knows?  I am starting to tentatively conclude that the bottom might be in.. but hey sometimes there is a need for a BIG ass challenge one more time which may or may not go below $30k - but we are surely close.

Whether prices could be sustained below $30k seems to be more wishful-thinking rather than actual likely scenario.. but never say never, and surely I am not going to deny that a lot of peeps might well be saying it and even saying it with conviction.  I wonder if they are the same ones that in early 2017 were saying that we "must" visit sub-$500?  or if they were the same ones in late 2018 and early 2019 who were saying that we "must" go down to sub-$2k?

Sure there statements of "must" sound like they could happen, but when the "must" ends up NOT playing out, there can be a lot of peeps (perhaps retards, or greedy folks or whatever) who get pretty damned rect from their failure/refusal to adequately prepare for UPpity... Seen lots of those scenarios in the past, and sure.. could happen, and a lots of things could happen, but I am going to take those "must" go below $30k or even the staying below $30k for any kind of meaningful period of time with a decently large grain of salt... so sure, we will see.. we will see...

[xhomerx10]

I guess Elon sneezed

 He did more than sneeze.  The guy is a jackass.  Fortunately  bitcoin has lots of experience with jackasses and it always comes out on top.  Honey badger dgaf.

[JayJuanGee]

not statistically proven: chart buddy postings (when occurring at high frequency) seem to inhibit the number of other posts on WO.
I guess people get the info and are satisfied.

Yeah right...

 

Why is it posting on the hour?

i also think floating around 35 to 39 is boring and no on wants to jinx it into truly tanking to under 30

Many fear we drop under 30 and stay under for a while.

True. General perception of Market Participants is that BTC will drop below 30K and stay there for many weeks before it pulls back.

Actually, might not be a bad idea to purge some shitcoin froth.. I do actually see some shitcoins (various ones) that seem to have quite a bit of pep in their step.. so they might need to get some purgenings.. perhaps?  perhaps?  There is no "have to" in bitcoin, including any kind of "have to" move DOWN before UP, even if there could be some shitcoin purgening involved or preferred.