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

[Dakustaking76]

Down over 1% in the last 12 hours. Not looking good for bulls.

HAHAHAHHAHAHAHAHHAHAHHAHAJAJAHHAHAHAHHA
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[goldkingcoiner]

Down over 1% in the last 12 hours. Not looking good for bulls.

Bro, you are seriously making me nervous. I do not have enough fiat to buy more coin for the amazing pump you are predicting

You do not need "a lot."  Just 80x with whatever you do happen to have, and you should be "golden" just like ur lil name.

 


You will (or at least should in theory) thank me later.

I apologize in advance for drunkingly choking you a little at the 100k party.

[cygan]

[El duderino_]

upload image api

[shahzadafzal]

Down over 1% in the last 12 hours. Not looking good for bulls.

Do you really spend time creating these graphs??

Yes

The first correct post after years

Nice

Progress

Yeah that’s pretty accurate… ages of negativity and constant No, No and No.. here finally we have one “Yes”….!!!

[ChartBuddy]

Explanation

[OROBTC]

...

I feel very grateful to have been on the BTC train.  Even re-balancing irregularly to get to 1% or so.

"This is fine"

I don't need to ride to the moon.  But that's just me.  I try not to judge others.

https://bitcointalk.org/index.php?topic=5352727.msg57762812#msg57762812

[cAPSLOCK]

Down over 1% in the last 12 hours. Not looking good for bulls.

About how long do you predict using scientific sources that it will take us to reach that big psychological barrier (even though I find it to be arbitrary) of the 1 with all the zeros after it?

Certainly your science can forecast that roughly?

[ImThour]

Can we make NFTs on Bitcoin?

Bitcoin is NFT…. You can have it own it and be proud of it. Tomorrow people will be biding hundreds of thousands of dollars to have one.

Yea great but it still does not answer my question.

[OutOfMemory]

Can we make NFTs on Bitcoin?

Bitcoin is NFT…. You can have it own it and be proud of it. Tomorrow people will be biding hundreds of thousands of dollars to have one.

Yea great but it still does not answer my question.

Not in the way like NFT's are handled on other chains/platforms, but maybe it would make some kind of sense on smart contracts of a dedicated sidechain, imo.
It just wouldn't make much sense to cram a bunch of bells and whistles into a rock solid blockchain that mainly does only one thing, but does this thing perfectly.
That would be very bad programming as well and that's also my main concern on blockchains like Vitalik's. They cram so much functionality into it, there is a good chance to integrate some vulnerability or even break the whole thing in some way.

EDIT: IOTA is another bad example.

EDIT2: Gawd, i'm so annoyed by those mini-dumps after breaking upwards. It must be so unsatisfying to make penny-sized gains instead of just hodling.

EDIT3: I'm in such a bad mood today, i better quit posting for tonight and cure it with sloan gin, tonic and some fresh weed.

[ChartBuddy]

Explanation

[JayJuanGee]

Down over 1% in the last 12 hours. Not looking good for bulls.

Bro, you are seriously making me nervous. I do not have enough fiat to buy more coin for the amazing pump you are predicting

You do not need "a lot."  Just 80x with whatever you do happen to have, and you should be "golden" just like ur lil name.

 


You will (or at least should in theory) thank me later.

I apologize in advance for drunkingly choking you a little at the 100k party.

Hold back your emotions, goldie. 

None of these interwebs interactions should be considered as provocative.

In other words, calm the fuck down.

Someone told me, once, that it helps to tell a not so calm person to calm down.

Can we make NFTs on Bitcoin?

Bitcoin is NFT…. You can have it own it and be proud of it. Tomorrow people will be biding hundreds of thousands of dollars to have one.

Yea great but it still does not answer my question.

Not in the way like NFT's are handled on other chains/platforms, but maybe it would make some kind of sense on smart contracts of a dedicated sidechain, imo.
It just wouldn't make much sense to cram a bunch of bells and whistles into a rock solid blockchain that mainly does only one thing, but does this thing perfectly.
That would be very bad programming as well and that's also my main concern on blockchains like Vitalik's. They cram so much functionality into it, there is a good chance to integrate some vulnerability or even break the whole thing in some way.

EDIT: IOTA is another bad example.

EDIT2: Gawd, i'm so annoyed by those mini-dumps after breaking upwards. It must be so unsatisfying to make penny-sized gains instead of just hodling.

EDIT3: I'm in such a bad mood today, i better quit posting for tonight and cure it with sloan gin, tonic and some fresh weed.

It seems that some day, a lot of these things will be somehow pegged to bitcoin, but does not necessarily mean that they would be on the first layer.. not that I am any kind of technical genius.. but there seem to be a lot of pegging theories, and surely anything that is pegged to bitcoin is going to be way the hell more solid than being pegged to some kind of smoke and mirror house of cards scam nonsense, such as ethereum or any of the various other scam money printing and/or pump and dumpening projects.. but sure some of those various scam projects might even get some of their acts cleaned up and then get pegged into bitcoin.. perhaps? perhaps?

[ImThour]

Selling Burger for 1,000 BTC
Let me know if someone's interested. Our name will be recorded in the history books. 

[ChartBuddy]

Explanation

[gembitz]

50k lets goooooo moooon+    woot

[Millionero]

"If the present system of banking and paper money be extended and perpetuated, the great body of the working people must give over all hopes of ever acquiring any property."
Free Trade Advocate, May 9, 16, 1829

[fillippone]

Yay! Back into the dark blue!





Dark blue is the band around the stock to flow where the price has been for the 95% of the time:

The grey line represents both the stock-to-flow ratio (denoted on the right Y-axis) and the predicted price in US dollars (on the left Y-axis). The dark blue area represents one standard error (2D version of standard deviation) from the predicted price and the light blue area represents two standard errors. The predicted price is extended into the future based on the parameters until Jan 1st 2027.

Check the original graph here:
https://s2f.hamal.nl/

[LFC_Bitcoin]

Tyler Winklevoss
@tyler
If you mess with the bitcoin bull, you better be prepared for the horns
https://twitter.com/tyler/status/1429834195552059394?s=21



@DocumentingBTC
70% of all #bitcoin  has not moved in at least six months. 💎 🙌
https://twitter.com/documentingbtc/status/1429832125012918273?s=21



@WillClementeIII
Do you consider usage of the Bitcoin network HODLing or transaction activity?

If your answer is transaction activity, usage is relatively low.

If your answer is HODLing, usage is at an all time high.
https://twitter.com/wclementeiii/status/1429907132183367684?s=21



@NEEDcreations
Let's say a prayer for everyone selling #Bitcoin  today. May you never make this mistake again
https://twitter.com/needcreations/status/1429907941558267907?s=21

[fr4nkthetank]

NFT's ?

Ah yes I hear rocks are the hot thing now.  about as useful as all the other NFT stuff.  I still don't get buying a PNG image, fight me. 

[STT]

NFT works in the modern meme culture way I suppose, so long as there is excess liquidity theres people who want to own a unique icon.  It doesn't establish copyright or a claim of ownership exactly so its more then a little confusing.   It seems to be something of a courtesy to usage by the creator not a sale, until there is a legal precedent to establish NFT I assume it will not appreciate over time ie. years.

Standard deviations is used in options trading in relation to volatility and valid future pricing.    Lots of clever people trading that stuff vs events and general market risk aversion.   The recent Dollar rise didnt do much to stop BTC rising anyway, my own take is DXY has to break the July low prices of last year to really create any kind of scare that would show in selling.
   DXY is falling now anyway, half a percent is no small move for such a large global entity.  BTC moves 1% all the time, its not significant but I do think we can move back to the weekly average