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

[eXPHorizon]

https://www.youtube.com/watch?v=eirq4laOhcU

pretty accurate

[1713911554]

1713911554

[ChartBuddy]

Explanation

[JayJuanGee]

Try to avoid JJG's posts and you will be scrolling through the pages in no time...

Want the same as @Hueristic?
Hold on. My Secret Special Force on the way 🕵️‍♀️

-JJG

You leave my BTCiTcoin sausage fest party gay buddy alone!!! JeJeGey is in a committed abusive relationship with just a few of us!!!      

Hahahahaha

Save the RF.. my good ole buddy. 

A little birdie told me that you had turned bullish on bitcoin recientemente.

How long is that feeling of bullishness going to last?

Don't you have the attention-span of a Mayfly, at best? 

[ChartBuddy]

Explanation

[Richy_T]

AFAIR, every image manipulation software i worked with (general reference is imagemagick, tho), uses bitmap representations of compressed image formats to apply manipulation to. This is the reason photoshop and the likes prompt you for setting compression parameters on save of destructively edited JPG files, which is any operation beyond cropping.

Right. But this is on the device, was my understanding?

[savetherainforest]

Try to avoid JJG's posts and you will be scrolling through the pages in no time...

Want the same as @Hueristic?
Hold on. My Secret Special Force on the way 🕵️‍♀️

-JJG

You leave my BTCiTcoin sausage fest party gay buddy alone!!! JeJeGey is in a committed abusive relationship with just a few of us!!!      

Hahahahaha

Save the RF.. my good ole buddy.  

A little birdie told me that you had turned bullish on bitcoin recientemente.

How long is that feeling of bullishness going to last?

Don't you have the attention-span of a Mayfly, at best?  

Everything now under 90K, is a DiP !!!

*edit(1): But I would be hesitant to sell anything for fiat... or in exchange for some sh!tcoin without a similar gain or more. Under $250K, I wouldn't touch fiat.    

*edit(2):  I'm one of those re-Tards that stays 99.9% of the time in crypto with my 90%+ portfolio. No one should keep more then a year in expenses in fiat as a contingency.

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[Richy_T]

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[Richy_T]

I guess I broke the 4x combo.

[OutOfMemory]

AFAIR, every image manipulation software i worked with (general reference is imagemagick, tho), uses bitmap representations of compressed image formats to apply manipulation to. This is the reason photoshop and the likes prompt you for setting compression parameters on save of destructively edited JPG files, which is any operation beyond cropping.

Right. But this is on the device, was my understanding?

I have to look into the details, but imo it should be. Likely it's processing (truncated?) RAW data directly. This is the way i would do it.
Offering an uncompressed output format is manufacturers choice. It's still a consumer drone.
But it's showing me an important point in choosing my next one.

[AlcoHoDL]

AFAIR, every image manipulation software i worked with (general reference is imagemagick, tho), uses bitmap representations of compressed image formats to apply manipulation to. This is the reason photoshop and the likes prompt you for setting compression parameters on save of destructively edited JPG files, which is any operation beyond cropping.

Right. But this is on the device, was my understanding?

I have to look into the details, but imo it should be. Likely it's processing (truncated?) RAW data directly. This is the way i would do it.
Offering an uncompressed output format is manufacturers choice. It's still a consumer drone.
But it's showing me an important point in choosing my next one.

You've probably already watched this video. I wasn't aware of Autel Robotics until Bob mentioned the Autel Evo 2 Pro, and I like what I see so far.

DJI Mavic 2 Pro VS Autel Evo 2 Pro Drone Review // This quality is INSANE

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[aysg76]

This is how China and other countries who plans to ban bitcoin to stop it from progressing exactly works:




The Chartbuddy now has red/green symbolic sandwich Avatar setup which needs to filled up with some green lettuce even more to make it worth $50k above as it's already been in the process and the he will make it more expensive beleive him

[BitcoinBunny]

Of course they won't be investigated.

Downing Street party: Police will not investigate due to 'lack of evidence'.
https://www.bbc.co.uk/news/uk-politics-59588413


If you or I would have organised a Bitcoin ATH or $25K party at the time we would have been jailed and the headline would have been:

"Dangerous crypto currency dealers from around the world who are members of an underground online gang called Wall Observer, are jailed for 6 months for organising dangerous cheese and wine rave with high class prostitutes in attendance during strict lockdown rules."

[ChartBuddy]

Explanation

[ivomm]

Some glassnode observations:

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Whenever price creates new highs, there are invariably traders who buy the top. These new investors are the first group tested by the next period of uncertainty, and nothing spells uncertainty like a flash sell-off in futures.

With cascading liquidations come spenders in loss, and last week's event set a recent high for Realized Losses on-chain. The sum of coins spent in loss for December 4 totalled $3 billion. Coming into Saturday, previous high marks were set on May 19 and June 25, with losses of $4.5B and $3.8B respectively.

So if older coins are not being spent in notable size, and exchanges are not seeing elevated activity, then where are spent coins coming from?

They're coming from Short Term Holders— investors who bought in the past few months, most of whom are spending at a loss.

Through our observations of the data, last week's sell-off was driven by liquidations in the futures market, and the various on-chain cohorts that make up Bitcoin's supply remain largely unfazed. Those who are spending coins appear to be predominantly those who bought the top, and they are realizing losses and capitulating.

High levels of leverage followed by price volatility is a classic recipe for a correction, and capitulative moments like Bitcoin just experienced are unfortunately needed for markets to return to a healthy equilibrium. The key question we will seek to answer in the coming weeks, is whether market sentiment has taken a severe enough hit that the underlying conviction seen this week deteriorates, or does it hold on.
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https://insights.glassnode.com/week-onchain-week-49-2021/