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

[El duderino_]

New gadget 

[ChartBuddy]

Explanation

[LFC_Bitcoin]

When NGU?

This is a bull shit price, I demand $50,000+

[ChartBuddy]

Explanation

[Hhampuz]

~

What a clean 44250, good one Buddy!

[somac.]

Seems as though the traditional markets are weighing us down a little. Kind of sucks, but we all know that if things move too deep the FED will be there to brrrrrrrrrrrrrrrrrrrrr all the problems away.

[Paashaas]

https://twitter.com/DocumentingBTC/status/1428320818233323525

[philipma1957]

I hold bitcoin directly, as well as put some in my retirement accounts (that don't hold bitcoin, but an ETF that claims to hold bitcoin.) If you were an institutional investor, you can't really go wrong with the funds. And if you are an individual investor, you can't go wrong with putting a little bit into your retirement accounts too. It's still best to hold bitcoin directly / physically / private keys, but a lot of people either have difficulty with that or don't understand enough to do it safely.

I agree being your own bank can be tricky and cause a lot of people to panic lose their funds but this is made easier with the hardware wallets you can get. It does not protect from sending to scammers but it does protect from most software attacks and physical theft.

Yep if you have a 401k and 10% is in a BTC mirror fund it gets the volatility effect and hopeful uppity of BTC.  With no risk of having it lost or stolen.

I have 3 PayPal accounts with about

2100 usd  in BTC
1100 usd  in BTC
 450  usd  in BTC



I have cold wallets and some exchange coins.

[savetherainforest]

New gadget  

Never trust a Dudd... with chains on his hands.

He always needs to be "El_Naturrel" with all organic products on his hands, like: leather.      

Just don't trust him!!!

       

[Paashaas]

https://twitter.com/BTC_Archive/status/1428308557015965700

[ChartBuddy]

Explanation

[cAPSLOCK]

... just admit it, you're fiat bull! ... and worse than that you have tasted the freedom of bitcoin and gone back to the debt-slavery chains of your fiat masters, how depraved is that?

Yes, I'm a USD bull, probably till the end-2022 or so. I believe we're in a total bubble right now (real estate, stocks, etc.), and Fed is going to be forced to pop this bubble soon.

Some do drink the mindrust cool-aid some don’t

I just have my side to be on…..

Not much more to say only to suggest picking the right side (the one where you have BTC in possession)

I don't know mate. Mindrust sold at an awful price and in panic, while I sold at my target (and it was $1 trillion+ market cap for BTC).

Just to now…. Yeah mindrust was at 3800 ish I think, where did you sold?

But apart of the selling, you mentioned a low 20 price to buy back in if I remember not ?

So just what’s gonna be your play or just what are you gonna do?

I sold at about $55k. To be exact, it was the day when Ethereum reached over $4k. Bitcoin at $1T marketcap, Ethereum over $4k, all friends & neighbors into crypto, Tether printing billions in hours, and even my portfolio at an unimaginable value. It seemed unreal so I made my decision.

About buying back, I've said it before a few times and will say it again, as soon as 200-week moving average is touched:

https://www.lookintobitcoin.com/charts/200-week-moving-average-heatmap/

I think this is a very sensible approach.  The risk you are taking is simple to see, and easy to hedge.  You are discounting the black swan.  That the 200DMA will be higher than your sell point when it touches would be one way to express it.  The hedge is just to leave a portion in BTC.  But i am talking about what I would do rather than what you want.

[fr4nkthetank]

Tethershit coin is a threat to financial stability.  The whole thing is basically a scam, its not 1USDT=1USD, at all.  If it was then Outstanding Tether = same number in USD cash.  It is not.  
USD cash in tether is about 2.9%, add fiduciary deposits = 21% of the total.

Here is the breakdown with my analysis

3% actual cash + fiduciary deposits = 21% USD
12% is "secured loans"  ==  They bought big houses in the caribbean
10% precious metals/corporate loans == They bought Gold and stashed it
1.5% shitcoins ==  They bought shitcoins to pump and dump
5% TBills, reverse repo notes ==  could count as cash but interest bearing

AND roughly

50% Commercial Paper == +30 Billion == I will admit there is 1.1 Trillion outstanding in commercial paper, however that is close to 3% of all the outstanding commercial paper in the US.
Add USDC, maybe 5% of all commercial paper is held by usdt+usdc

If crypto market goes x5, stablecoins x5, then 25%...you get the picture.  Commercial paper is what enables you to have a paycheck at the end of the week by the way.
my2satoshis

[Dabs]

... with chains on his hands.

He always needs to be "El_Naturrel" with all organic products on his hands, like: leather.      

Off topic:

I'm tending towards the opposite, with stuff like plastic or metal, those things are a little more durable and will last longer. Granted, non-stainless metals may corrode or rust, but even then it will take a long time if they are thick enough. Sunken ships at the bottom of the ocean have been rusting for decades or centuries.

Wood will last and is strong enough, but untreated it will degrade faster than concrete or metal. Specifically for resistance training, I prefer free weights over stuff like giant rubber bands. Dumbells. Barbells. Cast iron plates. I mean, if you do Olympic style lifting, then bumper plates would be for you. They just won't last as long as metal plates. I'm still going to make a wood flat bench and wood squat stands, they'll be good enough for several years.

[Richy_T]

Y’all forget about your 200-week MA or daily or monthly MAs

Next time use COVID graph for your trades

Cases or deaths? Could be inheritance spending.

[Richy_T]

New gadget 

While I appreciate the humor, I don't think I could be looking at that scumbag every time I went for a drive.

[ChartBuddy]

Explanation

[savetherainforest]

... with chains on his hands.

He always needs to be "El_Naturrel" with all organic products on his hands, like: leather.      

Off topic:

I'm tending towards the opposite, with stuff like plastic or metal, those things are a little more durable and will last longer. Granted, non-stainless metals may corrode or rust, but even then it will take a long time if they are thick enough. Sunken ships at the bottom of the ocean have been rusting for decades or centuries.

Wood will last and is strong enough, but untreated it will degrade faster than concrete or metal. Specifically for resistance training, I prefer free weights over stuff like giant rubber bands. Dumbells. Barbells. Cast iron plates. I mean, if you do Olympic style lifting, then bumper plates would be for you. They just won't last as long as metal plates. I'm still going to make a wood flat bench and wood squat stands, they'll be good enough for several years.

I understand your point. But this is a philosophical nature debacle. Basically, we associate ourselves with degradable things that we are in the grasps of understanding and connecting with them. Basically if we associate ourselves with metal. That is unnatural with us, thus it will be harder to relate on an energetic level. So... I'm more inclined to think that a more gentleman way is the leather way not the metal way. Because you would need to be a true yoggie shaman master to be able to tune into the nature of metal. And besides the fact that would make you 'energetically rigid', it would also make you slow and fixated in paths and ideas.

[shahzadafzal]

Wow these crazy “future human” Robots from Boston Dynamics got some software update.



But can they mine bitcoins?

https://twitter.com/techamazing/status/1427656547006562310?s=21

[vapourminer]

Wow these crazy “future human” Robots from Boston Dynamics got some software update.



But can they mine bitcoins?

https://twitter.com/techamazing/status/1427656547006562310?s=21

no those things will force US to mine for THEM

i for one welcome our new robotic overlords