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

[d_eddie]

-multisnip-

Why do you guys diss her?

I often wonder why wo will attack or defend various people.

I feel mostly she is attacked and not sure why you all do it.

Don't think I've attacked her in this thread but I can probably suggest a few reasons:

So yeah I can see why some people think "bore off, things are happening quickly already" about this Thunberg woman.

I never dissed or attacked Greta here or elsewhere. I agree with some of her points, actually. However, BitcoinBunny mentioned a few facts that explain why I don't like the way she was set up. Talking to the Pope, for chrissake? Meet the US president? It's daddy who pays for all that and sets things in motion. Daddy and his well connected gang of friends. I challenge any other young one to equal Greta's reach, no matter how much sense they make.

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[d_eddie]

I'm more of the First Church of Laurens Hammond, and a huge fan of Don Leslie, for rotating speakers. I have three Hammond organs and two Leslies.

The GK lurking in the back smells bass player indeed ;-)

[ChartBuddy]

Explanation

[Richy_T]

This is all wrong.
What kind of a sound system are they setting up?
I cringe hearing the resulting midrangey mess with my mind's ear.
These people definitely can't party.

Military? I was assuming it was some kind of proximity deterrent system.

[JimboToronto]

The GK lurking in the back smells bass player indeed ;-)

Not every amp can handle the extreme range of a Hammond organ with pedals. The GK rocks.

It's also my main gigging bass amp. The only other bass amp I use now is a little battery-powered Roland I use to add depth to my acoustic Microbass.

In my club gigging days I used Ampeg B-15s.

[xhomerx10]

This is all wrong.
What kind of a sound system are they setting up?
I cringe hearing the resulting midrangey mess with my mind's ear.
These people definitely can't party.

Military? I was assuming it was some kind of proximity deterrent system.

 They look Korean. That's probably what the North considers mass media.

Edit:  I see one has a cool watch.  Cant be North Korea.

[d_eddie]

The GK lurking in the back smells bass player indeed ;-)

Not every amp can handle the extreme range of a Hammond organ with pedals. The GK rocks.

It's also my main gigging bass amp. The only other bass amp I use now is a little battery-powered Roland I use to add depth to my acoustic Microbass.

In my club gigging days I used Ampeg B-15s.

I never had an Ampeg, but I do have a Roland Micro Cube Bass RX and a GK MBS III. No big box at the moment, though I'd like to get something that projects a bit more for my project studio/rehearsal room.

[El duderino_]

This is all wrong.
What kind of a sound system are they setting up?
I cringe hearing the resulting midrangey mess with my mind's ear.
These people definitely can't party.

Why do you guys diss her?

I often wonder why wo will attack or defend various people.

I feel mostly she is attacked and not sure why you all do it.

BTW as a speaker building hobbiest those horns/megaphones will sound like shit.

If you fancy some left hand BS, then get yourself a pair …. This sale of Left Hand Ned Flanders shoes are available right now

Sorry but I’m just not Greta minded…..

[ChartBuddy]

Explanation

[serveria.com]

This is all wrong.
What kind of a sound system are they setting up?
I cringe hearing the resulting midrangey mess with my mind's ear.
These people definitely can't party.

Military? I was assuming it was some kind of proximity deterrent system.

 They look Korean. That's probably what the North considers mass media.

Edit:  I see one has a cool watch.  Cant be North Korea.

OMG is that Jihan Wu in the middle? 

[LoyceV]

My guess: this 2nd leg of the bull market will have at least 6 more months to go.

That would be interesting, my expectation is that a lot of people are expecting a peak in december (for 2017-reasons). If they sell then and miss out on another 3 months of bull market that's going to mess with some people's expectations.

You mean by messing with the price trajectory?

Yes

[vapourminer]

This is all wrong.
What kind of a sound system are they setting up?
I cringe hearing the resulting midrangey mess with my mind's ear.
These people definitely can't party.

Ya, no subs, no HF horns, and surely no crossover.

Amateurs.

possibly made to simply disorient people during protests or area denial.

wouldnt take long (seconds?) for permanent hearing loss and good luck trying to doin anything with 120+ db of ~1 khz tone in your ear.

[Farmer Bill]

Are they going to be annoying North Korea with wrongspeak and music blasted across the border. Followed by a barrage of balloons dropping USB sticks loaded with South Korean soaps and K-pop. You bet

[bitcoinPsycho]

This is all wrong.
What kind of a sound system are they setting up?
I cringe hearing the resulting midrangey mess with my mind's ear.
These people definitely can't party.

Ya, no subs, no HF horns, and surely no crossover.

Amateurs.

possibly made to simply disorient people during protests or area denial.

wouldnt take long (seconds?) for permanent hearing loss and good luck trying to doin anything with 150 db of 1 khz in your ear.

https://www.chicagotribune.com/nation-world/ct-north-korea-propaganda-loudspeakers-20180430-story.html?outputType=amp

[HI-TEC99]

This is all wrong.
What kind of a sound system are they setting up?
I cringe hearing the resulting midrangey mess with my mind's ear.
These people definitely can't party.

Military? I was assuming it was some kind of proximity deterrent system.

 They look Korean. That's probably what the North considers mass media.

Edit:  I see one has a cool watch.  Cant be North Korea.

Both North and South Korea have intermittently blasted each other with huge banks of speakers for decades. They stop the speakers when relations are improving, then restart them when relations deteriorate.


https://www.japantimes.co.jp/news/2020/06/23/asia-pacific/north-korea-seen-reinstalling-border-loudspeakers/

The two countries have for decades pumped out propaganda from huge banks of speakers as a form of psychological warfare. The South aired a blend of news, Korean pop songs and criticism of the northern regime, while the North blasted the South and praised its own socialist system.

This is a North Korean system.



The NY times used Hueristic's picture. It's a South Korean system from 2004.

https://www.nytimes.com/2018/04/22/world/asia/south-korea-propaganda-loudspeakers-north-korea.html

edit

So did the Chicago Tribune, bitcoinPsycho beat me to it.

[Farmer Bill]

Greta Thunberg is a plucky little girl.
And a good publicist along with the help of daddy.
I agree with very little on the climate change agenda.
But have great admiration for young people who have the conviction to stand up for what they believe.
She probably hates on Bitcoin, but likes Uranium and invests in SPUT for her college fund.

[ChartBuddy]

Explanation

[vapourminer]

Both North and South Korea have intermittently blasted each other with huge banks of speakers for decades. They stop the speakers when relations are improving, then restart them when relations deteriorate.


https://www.japantimes.co.jp/news/2020/06/23/asia-pacific/north-korea-seen-reinstalling-border-loudspeakers/

The two countries have for decades pumped out propaganda from huge banks of speakers as a form of psychological warfare. The South aired a blend of news, Korean pop songs and criticism of the northern regime, while the North blasted the South and praised its own socialist system.

This is a North Korean system.

am i the only one here wondering what pink floyds "wish you were here" and/or "money" would sound like on that stack with an absolutely stupid amount of power driving it? yeah be lo fi for sure but man now its on my bucket list. although i figure the best seat for sound would be about 5 miles away.

[julian071]

My favorite caster of my favorite RTS game will change his background to the one from my favorite race when BTC reaches 100k. So get on it with it already.

https://www.youtube.com/watch?v=Ja9PAMv48FE&ab_channel=Gyle

[Paashaas]

https://twitter.com/100trillionUSD/status/1444228421228417024

On-chain analyses finished tonight: IMO we are midway, no sign of weakness (red) yet. Note color overlay is not months to halving but an on-chain signal. My guess: this 2nd leg of the bull market will have at least 6 more months to go.

1a/ PlanB said his chart is based on on-chain signals. Perhaps, he's looking at BTC's RVT (Realized Value to Transaction Volume) ratio, which can be used to track BTC's market tops & bottoms & locate what phase BTC is in between these 2 points. RVT ratio has been atypically low.

1b/ The current RVT ratio is at points that are 1 year away from the cycle peak in the last 2 cycles. If this rhymes, the cycle peak could be at least 6 months away. Note the green line of the chart (RVTS) shows the inverse of RVT ratio.

1c/ Why is RVT ratio low? This metric is based on BTC's network daily transaction volume & it hasn't climbed on a continuous path as in the 2017 bull phase, but has rolled over during mid-cycle correction. It's reversed course & set a new ATH.

1d/ Although BTC network daily transaction volume is high, the ratio of realized BTC value to transaction volume has been low.

The RVT ratio is expected to increase going forward righting the course of this metric in a typical BTC bull phase.

Why would BTC peak in Dec 2021?

2a/ First, we look at the BTC S2F Deflection chart. You can see the symmetry between the current cycle & the past cycles.

The timing of the S2F deflection dips at the mid-cycle correction & low of the CTM Wave 1 in all 3 cycles is in almost perfect alignment.

2b/ Note the pattern of the BTC S2F deflection in the current cycle looks very similar to that in the 2017 bull phase. In 2017, it took BTC 94 days from the 2nd S2F deflection low (low of CTM Wave 1) to reach cycle peak.

Thus, if history rhymes, BTC may peak around 12/23/21.

3a/ Finally, we look at the BTC S2FX model fractals. The current S2FX model fractal looks similar to that in past cycles, especially the one in 2013 if we examine the appearance of the latest orange dot & compare this to past cycles.

3b/  If we overlay the 2013 & 2017 fractals from the appearance of the orange dot to the red dots at cycle peak in the past 2 cycles on the 2021 chart, BTC will also peak in December 2021. Cycle peak price is $200K-$350K.

4/ Summary:
1. Thanks PlanB for confirming there will be no lengthening of cycle in this BTC epoch.

2. Though PlanB concludes based on on-chain signals the current bull phase has at least 6 more months, I think BTC will peak in December 2021 with peak price around $200K-$350K.

https://twitter.com/AllenAu11/status/1444363363593515008