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

[Hueristic]

Is that popcorn the Rus/Ukr way?

https://www.independent.co.uk/news/world/europe/ukraine-russia-soldier-woman-confrontation-b2022993.html

[1714632047]

1714632047

[sirazimuth]

https://www.independent.co.uk/news/world/europe/ukraine-russia-soldier-woman-confrontation-b2022993.html

Ahhh, thanx Hueristic... I will admit I was totally stumped with that pic.
I was like fruitlessly searching for a hidden Easter egg or some such thing....

[Biodom]

Nobody here 'really' knows what is the situation in Ukraine, probably.
I watched sky news, looked at the websites and all I can find, basically, is that "the fight continues".
Of course, it is all quite terrible.

Here is an interesting perspective of where this is probably going, but with HUGE caveats:

https://www.newsweek.com/2022/03/11/putin-has-never-lost-war-here-how-hell-win-ukraine-1682878.html

The longer it continues, the higher is the probability that it won't stop there.
Are we in 1938? A am not sure.

[vroom]

Epidemiology is history. Now I am an expert in geopolitics.

no IBAN for Iwan 

[Hueristic]

Nobody here 'really' knows what is the situation in Ukraine, probably.
I watched sky news, looked at the websites and all I can find, basically, is that "the fight continues".
Of course, it is all quite terrible.

Here is an interesting perspective of where this is probably going, but with HUGE caveats:

https://www.newsweek.com/2022/03/11/putin-has-never-lost-war-here-how-hell-win-ukraine-1682878.html

The longer it continues, the higher is the probability that it won't stop there.
Are we in 1938? A am not sure.

Not only the the fact this is a fucking travesty but the bigger picture that this could blow up out of control seems to be what people are missing.

[ChartBuddy]

Explanation

[d_eddie]

Is that popcorn the Rus/Ukr way?

https://www.independent.co.uk/news/world/europe/ukraine-russia-soldier-woman-confrontation-b2022993.html

I suppose they would be toasted and salted, so germination looks a little unlikely but - aha! - now I see...

[JayJuanGee]

We can't start having mutiple bots spamming but if everyone wants it added you wouldn't have an issue adding it would you?

I agree but that kinda depends on how that would work. (Though I'm not sure how I feel about adding it over all. Just saying that it's not completely trivial. I think there would need to be a consensus that people wanted it).

If you can figure out to add more potentially relevant information.. nothing wrong with RSI...  .. I don't see why that would hurt anything, especially if you are able to do it in a non-cluttered way...

Many of us may recall that for a considerable period in the earlier days of Chart Buddy, you had three exchanges represented in those hourly posts.. you had other experiments too, it seems.. presentation and even information contained therein, and sure sometimes you would have issues with the feed of one exchange or another or other formatting matters that screwed up.. and many members here were tolerant of experimenting with the feed.. and overwhelmingly it seems that CB is liked... even if it can sometimes end up showing a bell weather of non-posting.. We can look at CB or not... . and members can still choose to reference the information contained within CB or not to the extent that they thought it was relevant or that some of it was more relevant than other information..

What other thread has a chart buddy.. what other thread has a chart buddy that evolves with the times and a willing maintainer?  (until you rage quit again, you fuck.. hahahahaha had to get that little dig in there)

I surely am not opposed to adding some largely relevant to bitcoin price dynamics information to CB, if you are willing to do it.  Some of us (including yours truly) might even learn something from such information or the discussion of it..

By the way.. I do kind of agree with hisslyness that it could be problematic to overly weigh short-term averages, so maybe that average does not really do any good.. so maybe showing the longer term ones would be better overall representations.. but who knows.. if you just show all of them without the average, that might be o.k... too..

[Paashaas]

Sanctions always hurt both sides. Need to be careful not to shoot yourself in the foot. "targeted" SWIFT restrictions sounds like BS talk to appease the masses

“At the same time, we are working flat out on how to limit the collateral damage of a disconnection from #SWIFT so that it hits the right people. What we need is a targeted and functional restriction of SWIFT."

https://twitter.com/germanyintheeu/status/1497629293937049606?s=20&t=Y6In-oQI9lj9gA1sz5xrKg

Yeah, likely BS. SWIFT disconnection is the financial equivalent of nukes. China will help Rus,

China's support for Putin wavers as state banks limit finance for Russian oil and gas - in case THEY also get hit with sanctions for appearing to back Ukraine invasion.

China has found itself walking a diplomatic tightrope after Russia's full-scale invasion of Ukraine took many in Beijing by surprise.

It was reported today that several Chinese public banks are limiting financing to purchase raw materials from Russia for fear of Western sanctions should they be seen to be supporting the Kremlin.

About 30 percent of oil and gas produced in Russia now sold to China.

Putin is relying on his ties to China's Xi Jinping to bail him out of the increasingly tough sanctions being put on Moscow by Western nations as the invasion escalates.

Last night, China, India and the UAE abstained from voting on a UN Security Council resolution condemning Russia's illegal invasion of Ukraine.

The vote was seen as another sign of the widening of the diplomatic split between the West and the East over Putin's aggression.

However, China's decision not to fully veto the motion - as Russia did - will come as a blow to the Russian dictator, who is growing increasingly isolated.

[sirazimuth]

Nobody here 'really' knows what is the situation in Ukraine, probably.
I watched sky news, looked at the websites and all I can find, basically, is that "the fight continues".
Of course, it is all quite terrible.

Here is an interesting perspective of where this is probably going, but with HUGE caveats:

https://www.newsweek.com/2022/03/11/putin-has-never-lost-war-here-how-hell-win-ukraine-1682878.html

The longer it continues, the higher is the probability that it won't stop there.
Are we in 1938? A am not sure.

Not only the the fact this is a fucking travesty but the bigger picture that this could blow up out of control seems to be what people are missing.

I can only imagine what the now long gone (thankfully) realroach would opine about this travesty.
Its the kind of thing he would have reveled in.
He'd somehow find a way to blame it all on the Jews, no doubt. 

Apologies for mentioning the bastard. Just thinking out loud.

[Paashaas]

lol 


https://twitter.com/cryptomanran/status/1497647154864836618

[Toxic2040]

Saylor on bitcoin(crypto world)today with MacKenzie Sagalos.

Go short the currency, go long the property..and that's a time tested strategy by pretty much every successful investor.

CNBC
https://youtu.be/2vaf4bCgfYY?t=278

The whole clip is pretty good. Saylor distills it down so eloquently...though I would like to see him on a longer format more often..maybe Joe can get him on.

Of course, mainstream media has short segments.. but if you have ever heard about podcasts, there are likely more than 50 in which Saylor has interviewed for 1-2 hours or longer.. so there is plenty of material out there besides just Joe Rogan... .. not dissing on Joe.. because surely it would be interesting to see what kinds of questions Joe might have for Saylor.. and if Joe would be able to resist being Oranged pilled after spending a couple hours with Saylor.. hahahahaha

Saylor on bitcoin(crypto world)today with MacKenzie Sagalos.

Go short the currency, go long the property..and that's a time tested strategy by pretty much every successful investor.

CNBC
https://youtu.be/2vaf4bCgfYY?t=278

The whole clip is pretty good. Saylor distills it down so eloquently...though I would like to see him on a longer format more often..maybe Joe can get him on.

There are plenty of 2 hour+ Saylor interviews on YouTube where the interviewer got maybe 2 or 3 question in and Saylor just gave hour long answers and probably would have continued talking if not finally interrupted. 

hahahaha

yeah.. this..

For example:

Saylor: "was there another question?"..

Interviewer: "oh no, the podcast ended three hours ago, about half-way through your presentation.. we ran out of minutes."

Saylor: "oh?  that reminds me of how the aluminum smelting process in the 18th century relates to bitcoin atomic swaps.. Let me tell you more... "

You..of all people shout be able to relate to pleonasm...one would think.   

I tend to read more than listen to information. Of course there is plenty of readening and listenings and watchenings that all happen at the same once for sure. But listening for hours on end taxes my attention span..not to mention butting up against time the might be better spent in other activities.

I think I have Saylors narrative down pretty good at this point..we all do. Still like the man.

[STT]

Considering previous talk on swift and its current relevance it doesnt seem OTT to have iodine tablets because they are cheap and keep for a long time but obviously if an entire population requires them all at once I presume shortages like anything.

[JayJuanGee]

https://www.justice.gov/opa/pr/bitconnect-founder-indicted-global-24-billion-cryptocurrency-scheme

A federal grand jury in San Diego returned an indictment today charging the founder of BitConnect with orchestrating a global Ponzi scheme. BitConnect is an alleged fraudulent cryptocurrency investment platform that reached a peak market capitalization of $3.4 billion.

“Today’s indictment reiterates the FBI’s commitment to identifying and addressing bad actors defrauding investors and sullying the ability of legitimate entrepreneurs to innovate within the emergent cryptocurrency space,” said Special Agent in Charge Eric B. Smith of the FBI’s Cleveland Field Office. “Dressing up a tried and true fraud scheme with a new twist and basing it overseas will not deter the resolve and dedication of the FBI to meticulously investigate and bring such fraudsters to justice.”

Interesting.  

Another seemingly interesting point from your linked article was that:

"Satish Kumbhani, 36, of Hemal, India, the founder of BitConnect, misled investors about BitConnect’s “Lending Program.”".... and "is at large."

Maybe the authorities already tried to locate Kumbhani..

I would imagine that the authorities would prefer to have such indicted person in custody or at least released on bail (or under some control) rather than being "at large."

I have been busy on bitcoiner stuff lately…

Nice but... uhm... doesn't it kinda defeat the whole exercise if you post it publicly?

Hahahaha

fillippone should have some kind of disclaimer.. such as:

"don't do this at home."

or

"do as I say and not as I do"

or

"nothing contained herein should be considered as financial advice."

[DaRude]

Nobody here 'really' knows what is the situation in Ukraine, probably.
I watched sky news, looked at the websites and all I can find, basically, is that "the fight continues".
Of course, it is all quite terrible.

Here is an interesting perspective of where this is probably going, but with HUGE caveats:

https://www.newsweek.com/2022/03/11/putin-has-never-lost-war-here-how-hell-win-ukraine-1682878.html

The longer it continues, the higher is the probability that it won't stop there.
Are we in 1938? A am not sure.

So Putin has been bitching about NATO and west expanding forever, west ignored it. Now Putin starts regional conflict in Ukraine. Biden asks for $6,4 billion for Ukraine, everyone speaks of how sanctions will affect everyone...well, almost everyone
https://www.nbcnewyork.com/news/national-international/biden-administration-asks-for-6-4-billion-for-ukraine-allies/3573106/

[JimboToronto]

without walls there is no TA..without TA there are no walls...almost symbiotic one would think

I agree however that automated postings annoy the crap out of me if there are more than one per page...regardless of temporal spacing.

It also annoys me hearing you bitch about this everytime this subject comes up. I think everyone has agreed this thread and the comments in it are what ever the people who use it want. And ran by a velvet handed censor thankfully...again which I highly appreciate.

To me TA is about prices while walls refer to bids and asks. 2 different things.

I have no problem with CB, no matter how many consecutive posts it makes. I also don't bitch about TA. I laugh at it.

What I bitch about is too much altcoin crap here. There's another section dedicated to altcoins including a sub-section for altcoin speculation.

I also appreciate WO's policy of tolerance and lack of censorship, even when the politics gets so heavy I wish they'd move some of it to S&P.

WO rules. Let's keep it the way it is.

[AlcoHoDL]

And the coloured glasses still have their lenses swapped...

I have no idea what you're talking about

That's the discussion we had last year about the coloured glasses:

I just noticed that those green/red glasses in the ChartBuddy pics have their colors the wrong way around. They don't match the sides of the chart line colors. And if the guy in the avatar wears them, he won't be able to see shit.

Actually, it may not be wrong... I need to read more on Anaglyph 3D. Is ChartBuddy really a 3D image? I don't have (never had) such glasses to try. Can Richy_T clarify?

Dang no, you're correct. And I'm usually so particular about the side. I believe those were once used in the avatar and would have been facing the other way I think so it seems I got lazy.

Chartbuddy is not actual 3D, merely a projection. Though I have created an actual 3D version in the past. The 3D affectation is mainly because the sides are red and green.

You have a good point on the axis though. It seems that liquidity has dropped below the lowest division on the axis so it's no longer represented. I'll have to add some auto-scaling there. The price axis also appears to have become quite stretched out while most of the action is happening in the middle. I'll have to think about that as I wouldn't want to truncate any large price swings. Not too sure about the labeling as it's supposed to be a thumbnail but there's probably room to tweak that a little.

Auto-scaling is what I was thinking too. Also, you could try tilting the depth "plane" so that it is a little closer to horizontal, while increasing the z-axis size. This would make the 3D depth chart a bit "thicker" and emphasize the walls. Just some ideas...

In any case, ChartBuddy is surely a part of WO and I enjoy it as a kind of "WO heart beat" so to speak. Maybe the reason I'm not paying so much attention to the numbers is because I have a Bitstamp window always open next to WO, so my eyes tend to automatically look there for prices.

[DaRude]

Sanctions always hurt both sides. Need to be careful not to shoot yourself in the foot. "targeted" SWIFT restrictions sounds like BS talk to appease the masses

“At the same time, we are working flat out on how to limit the collateral damage of a disconnection from #SWIFT so that it hits the right people. What we need is a targeted and functional restriction of SWIFT."

https://twitter.com/germanyintheeu/status/1497629293937049606?s=20&t=Y6In-oQI9lj9gA1sz5xrKg

Yeah, likely BS. SWIFT disconnection is the financial equivalent of nukes. China will help Rus,

China's support for Putin wavers as state banks limit finance for Russian oil and gas - in case THEY also get hit with sanctions for appearing to back Ukraine invasion.

China has found itself walking a diplomatic tightrope after Russia's full-scale invasion of Ukraine took many in Beijing by surprise.

It was reported today that several Chinese public banks are limiting financing to purchase raw materials from Russia for fear of Western sanctions should they be seen to be supporting the Kremlin.

About 30 percent of oil and gas produced in Russia now sold to China.

Putin is relying on his ties to China's Xi Jinping to bail him out of the increasingly tough sanctions being put on Moscow by Western nations as the invasion escalates.

Last night, China, India and the UAE abstained from voting on a UN Security Council resolution condemning Russia's illegal invasion of Ukraine.

The vote was seen as another sign of the widening of the diplomatic split between the West and the East over Putin's aggression.

However, China's decision not to fully veto the motion - as Russia did - will come as a blow to the Russian dictator, who is growing increasingly isolated.

I wouldnt trust China any further than i could throw it

China confirms it has lifted wheat import restrictions on Russia
..."You don’t go and give a lifeline to Russia in the middle of a period when they are invading another country," Australian Prime Minister Scott Morrison said Friday in a rebuke of China's move. "That is simply unacceptable."

https://www.foxbusiness.com/economy/china-confirms-it-has-lifted-wheat-import-restrictions-on-russia

[cAPSLOCK]

Surprised to see the strength & resilience at the moment to be honest. Price is effectively unmoved despite us being on the verge of WW3. Maybe young bitcoin is maturing, maybe a large % of the weak hands have already mindrusted.

Will be interesting to see where we go next but the bottom could be in?

Well... this has been my thought recently.  But.  I have had a string of wrong theories so far recently, AND this is a time where all kinds of kooky things could happen.

For example... I was expecting the "bad guys" (Russia) to announce they would use Bitcoin to avoid sanctions, and that this would cause a negative sort of reaction in the bit central bank governments, and possibly things would be done that might cause shocks to the price.

BUT instead what has seemed to happen is the "good guys" (Ukraine) have invited funding from the world via Bitcoin.  This is a fairly interesting wrinkle.  As this puts the "righteous" use case in FRONT.  Good press for Bitcoin.  So now if the nation states that are likely to knee jerk to Russia using it would also be damaging Ukraine's situation.

But that really is Bitcoin doing Bitcoin things isn't it?

I have been telling my meatspace friends that Bitcoin is poised to go one way or the other fairly dramatically, but that I am not ready to bet on which way (though my long range bet never changes).

[Hueristic]

Nobody here 'really' knows what is the situation in Ukraine, probably.
I watched sky news, looked at the websites and all I can find, basically, is that "the fight continues".
Of course, it is all quite terrible.

Here is an interesting perspective of where this is probably going, but with HUGE caveats:

https://www.newsweek.com/2022/03/11/putin-has-never-lost-war-here-how-hell-win-ukraine-1682878.html

The longer it continues, the higher is the probability that it won't stop there.
Are we in 1938? A am not sure.

Not only the the fact this is a fucking travesty but the bigger picture that this could blow up out of control seems to be what people are missing.

I can only imagine what the now long gone (thankfully) realroach would opine about this travesty.
Its the kind of thing he would have reveled in.
He'd somehow find a way to blame it all on the Jews, no doubt.  

Apologies for mentioning the bastard. Just thinking out loud.

O I'm sure he would have something to say about this. LOL

But would he be calling the actual fascist a fascist or the jew the fascist?