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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26368604 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


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August 27, 2021, 07:01:31 PM


Explanation
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Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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ImThour
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Bitcoin Bottom was at $15.4k


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August 27, 2021, 07:12:43 PM

Just American things


https://news.bitcoin.com/survey-shows-3-in-10-americans-share-crypto-wallet-passwords-with-others/
Hueristic
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Doomed to see the future and unable to prevent it


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August 27, 2021, 07:25:00 PM
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Paashaas
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August 27, 2021, 07:44:25 PM
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https://twitter.com/BitcoinMagazine/status/1431256299086487555

eXPHorizon
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Precision Beats Power and Timing Beats Speed.


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August 27, 2021, 07:47:37 PM
Last edit: August 27, 2021, 08:22:56 PM by eXPHorizon



This is what you do not understand.

Most communities are doing their best to create a Comunity they can trust.

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August 27, 2021, 07:49:18 PM
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+1 WOsMerit



-------


+1 WOsMerit
El duderino_
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BTC + Crossfit, living life.


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August 27, 2021, 08:01:11 PM
Last edit: August 27, 2021, 08:12:31 PM by El duderino_
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ChartBuddy
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August 27, 2021, 08:01:26 PM


Explanation
El duderino_
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BTC + Crossfit, living life.


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August 27, 2021, 08:12:03 PM



https://twitter.com/CryptoCobain/status/1431224151067566084?s=20

Haha made me laugh
 Cheesy
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August 27, 2021, 08:43:07 PM
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gembitz
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August 27, 2021, 08:50:18 PM


49k ! Kiss woot////weeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
OutOfMemory
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August 27, 2021, 08:53:58 PM



nice one. didn't expect it this early, but hey, that's BTC
#hodlerlife
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August 27, 2021, 09:01:35 PM


Explanation
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+1 WOsMerit



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dyor
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August 27, 2021, 09:04:17 PM



Thanx dude! They never get old Cheesy

(and neither does my Friday evening brew after work... Sam Adams Cherry Wheat this week...lovely...<burp>)
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August 27, 2021, 09:28:27 PM

Support from the 21 & 200 Day MA are close by around $46-47K. Nothing wrong with a healthy correction before further upside.



Bitcoin still having fun with fractals while waiting for relevant volume? $46-47K looks like healthy support as anticipated.



Not convinced the swing low is in, but more convinced the 200 Day MA will hold as support given today's bounce.
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born once atheist


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August 27, 2021, 09:46:48 PM

...
.... You must be new here.
....

Ha! I could have saved you the trouble bro.  I posted that exact sentence earlier today, then deleted. lol.



.......
Thank's for the tip but I don't wander outside of the WO, it's too full of stupid people.

Well, I have to admit that's precisely the reason I do wander outside the wob neighborhood.
As I don't encounter much stupid irl, (I live in the sane area of country)
I get my entertainment stupid laughs on Bitcointalk.  (Usually on the the Piffle and Shit P+S boards because the famous 800 page Flat Earth thread got locked.)
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August 27, 2021, 09:50:37 PM
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And 9/10 readers of ANYTHING on bitcoin.com think Coinbase is a bitcoin wallet.
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We choose to go to the moon


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August 27, 2021, 09:51:25 PM
Merited by fillippone (3)

Today's rich families in Florence, Italy, were rich 700 years ago
fillippone
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August 27, 2021, 09:53:53 PM
Merited by JayJuanGee (2)

I didn't know this newsletter. I found it very interesting, so i thought to share here:


Bitcoin long-term signals outweigh short-term signals as price recovery slows
Quote

  • Recent large investors have acquired 197k bitcoin since the bitcoin price fell below $35k in late June, returning their holdings to late-February levels and reducing liquidity in the market, which supports price in the longer term.
  • During the November to April bull run, enough stablecoins flowed into exchanges to buy ~50% of the bitcoin and Ethereum that were sent to exchanges, down from a typical 75% – suggesting fiat buying pushed price to its bull run high. Stablecoin inflows are back to ~75% of bitcoin and Ethereum exchange inflows, but started declining in late July as price went back above $40k – suggesting that fiat demand is returning, another source of long-term support.
  • Trade intensity has been high since the May price fall, suggesting that while demand fell when prices dropped, supply declined even further and so the market became illiquid, supporting price. However, trade intensity has declined in the last week, as has price, but this short-term bearish signal is likely to be outweighed by more positive long-term signals.

Just two graph here to highlight:

Massive bid imbalance ahead.
Fiat buying has been predominant, meaning buys were new inflows into the market.





It's not difficult to get rich. It's difficult to stay rich.
Not to say stay rich for 700 years.
As I said the other day to @LFC_Bitcoin:


We are an elite band of gentlemen, our decisions will shape the future of our family bloodline.


This is big responsibility toward our (future) lineage.

As someone often says: "It's not difficult to become rich. What is difficult is to stay rich".
Preserving our (your) multi-generational wealth is a gargantuan task.
But, as you beautifully stated, we are an elite band of gentlemen. Born on maths, hard money, and low time preferences, instead of greed, violence and advantage positions.


Oh the irony: the Italian bloke that used to say this is from... Florence.
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