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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 26368552 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.)
eXPHorizon
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May 12, 2023, 09:05:22 PM

https://youtu.be/lcEkS9tcIjg


WO doesnt know.

So don't tell WO.
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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May 12, 2023, 10:01:16 PM


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bbigtart
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May 12, 2023, 10:27:24 PM

just a thought:
there is a possibility that the next halving bullrun arrives later than usual.  almost everyone seems to expect a normally scheduled bullrun... and that alone should actually be enough of a reason for it not to happen.  On top of that we might face some medium-term price pressure from the US Gov. sitting on 200k BTC, and from some of the 140k Gox coins...

The 2021 bull market was expected after the halving and it did arrive. Halving was in May and in November we were already at a new ATH.

the point for me is when after the halving.
Last time it started actually earlier than expected (not around eoy like usual).
We are now 75% through to the next Bitcoin halving.

HODL


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May 12, 2023, 10:39:53 PM

the point for me is when after the halving.
Last time it started actually earlier than expected (not around eoy like usual).
We are now 75% through to the next Bitcoin halving.

HODL


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[/quote]

How its possible this? how anyone can make such a poor graph? how can you use that scale? 10k to 100k in a little space? what a joke man, cant take that graph seriously.

Also what they coloured its not related, only paint in red a few bullrun but without correlation.
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May 12, 2023, 10:52:20 PM

It seemed like the recent sale of Bitcoin by the US government was timed to do maximum damage to the market price. I think that leaves a bit of a buying opportunity here. I think once we reach the summer of 2024, the market sentiment is going to flip from bearish to bullish in a major way and I think it will be reflected in the price in 2025.
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May 12, 2023, 10:56:07 PM
Last edit: May 12, 2023, 11:17:26 PM by John Abraham
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Now Best Solution for image hosting would be using TalkImg.com - Image hosting for BitcoinTalk by our Forum member joker_josue

Nice. I didn't even know it existed.
joker josue developed it a week earlier. Right after his 10th anniversary of his Bitcointalk Journey. So, it's pretty much new, and he still improving some features. However, theymos already supported his initiative and added a talkimg.com link on the help page. Also, talkimg.com we will be on the factoid ads of the forum. I am amazed by forum support.

Quote
How long has the Bitcoin talk address been banned? I was away for a bit.
It's been over 36 Hours now since the imgur images are not working. It's not banned. But, they put some limitations and restrictions on requests. So, all the requests from ip.bitcointalk.org are blocked by imgur.
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May 12, 2023, 11:01:15 PM


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May 12, 2023, 11:21:37 PM

Anyone can Telegram or contact chartbuddy to inform him, his bot isnt working?  Grin. Well not exactly his bot but the image.

About imgur limitation, what a punch we are receiving this year here.

1- Coldkey scam.
2- Chipmixer shutting down by FBI
3- Ordinlas/fee problem
4- Imgur "banning" our pictures

What its behind the corner?
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May 12, 2023, 11:30:29 PM
Last edit: May 12, 2023, 11:52:36 PM by HI-TEC99
Merited by vapourminer (1), JayJuanGee (1), Torque (1), Gachapin (1)

It seemed like the recent sale of Bitcoin by the US government was timed to do maximum damage to the market price. ...

The US government didn't sell any bitcoins according to cointelegraph. They say it was fake news.

https://cointelegraph.com/news/bitcoin-fees-plummet-95-as-btc-price-recovers-from-us-gov-t-scare

Quote
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $27,400 at the time of writing.

The pair had seen a flash sell-off the day prior, briefly taking it to $26,850 after claims that confiscated BTC held by the U.S. government was being sold off.

This was subsequently disproved ...



You have to sign up for a free 14 day trial to view the glassnode chart here.

https://studio.glassnode.com/metrics?a=BTC&category=Entities&chartStyle=column&m=distribution.BalanceUsGovernment

However there's a free chart of US government bitcoin holdings here. It doesn't show any selling in May.

https://dune.com/21shares_research/us-gov-bitcoin-holdings

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what is this "brake pedal" you speak of?


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May 12, 2023, 11:48:18 PM
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Anyone can Telegram or contact chartbuddy to inform him, his bot isnt working?  Grin. Well not exactly his bot but the image.

Richy_T (chartbuddys boss) is already on it

https://bitcointalk.org/index.php?topic=5450546.msg62233186#msg62233186
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May 13, 2023, 12:01:20 AM


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May 13, 2023, 12:19:59 AM


How its possible this? how anyone can make such a poor graph? how can you use that scale? 10k to 100k in a little space? what a joke man, cant take that graph seriously.

Perfectly fine log scale chart. 100 and 1000 are as distant as 10 and 100, or 3000 and 30000.
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May 13, 2023, 12:30:37 AM
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It seemed like the recent sale of Bitcoin by the US government was timed to do maximum damage to the market price. ...

The US government didn't sell any bitcoins according to cointelegraph. They say it was fake news.

https://cointelegraph.com/news/bitcoin-fees-plummet-95-as-btc-price-recovers-from-us-gov-t-scare

Quote
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $27,400 at the time of writing.

The pair had seen a flash sell-off the day prior, briefly taking it to $26,850 after claims that confiscated BTC held by the U.S. government was being sold off.

This was subsequently disproved ...



You have to sign up for a free 14 day trial to view the glassnode chart here.

https://studio.glassnode.com/metrics?a=BTC&category=Entities&chartStyle=column&m=distribution.BalanceUsGovernment

However there's a free chart of US government bitcoin holdings here. It doesn't show any selling in May.

https://dune.com/21shares_research/us-gov-bitcoin-holdings



Funny how no one asks the question, "Why the hell does the U.S. Govt have a massive bitcoin balance if TPTB hate bitcoin and crypto so much?"
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May 13, 2023, 01:01:16 AM


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May 13, 2023, 01:41:38 AM

I asked for a hand trying these on, and then was asked to leave the store. WTF.  Huh


You should change your name to something like perverted bunny... since bad bunny is already taken.

So how's everyone enjoying "Sell in May and go away" so far?

Fun fun, amiright?

Personally.....


I am in denial..


so there you have it.



 Tongue Tongue Tongue Tongue Tongue


Good luck with your lil calendar-based numerological theory, as if king daddy gives any shits about that.

What? I thought it was "Buy in May and stay".

I was wondering why Bitcoin was having a sale. Oh well, more for me.
Wait a bit.. may more on more are coming for you but cant get how this can be a buying opportunity.

Uie puie must not understand dee cornz.

It's always a buying opportunity in regards to dee cornz and if the price dips it is more of a buying opportunity.

Essentially, there is no real need to stop buying... .. of course, until you get too many of them, then you just start selling because you know.. hookers, lambos and blow.. things like that.

Anway way after thinking for while i got you, you are follwing the famous formulea which is common but not common in market i also heared it on the forum a few days ago, "Be greaady when others are feaful and ..............................."

If you are around here long enough, you might start to understand.. .. Sounds like you have failed, refused to accumulate any cornz MCUKing.


If you think that it sucks to be you currently, it is really going to suck to be uie pooie later down the road when you are going to be kicking ur lil selfie for failing/refusing to adequately/sufficiently prepare yourself for UP in these here times... and at these here prices.. and whether it takes you 4-10 years or longer to stack up enough sats, there can be a lot of power when you see where you are at after 4-10 years or longer... ... but yeah, of course, you are free to do you, as well and continue to fail/refuse to get off of zero.


.. good luck with that.. you are going to need it... even though there are no guarantees in bitcoinlandia, either, but at least if you choose to stack cornz, you have some kind of chance.. otherwise, you are just stuck in ongoing and consistent loss of your purchasing power.. which really should be noticeable in 4-10 years, but perhaps even more greatly noticeable 20-30 years down the road.. depending on what might be your investment timeline once (or if) you get out of your grandma's basement.


Edit:   Oh?  HI-TEC99 already said it..

So how's everyone enjoying "Sell in May and go away" so far?
Fun fun, amiright?
What? I thought it was "Buy in May and stay".
I was wondering why Bitcoin was having a sale. Oh well, more for me.

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May 13, 2023, 01:59:32 AM
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I asked for a hand trying these on, and then was asked to leave the store. WTF.  Huh


You should change your name to something like perverted bunny... since bad bunny is already taken.

...

He should be buying tripe and vinegar flavored Yorkshire condoms, they're much cheaper than durex.



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May 13, 2023, 02:01:17 AM


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May 13, 2023, 02:05:34 AM

Anyone can Telegram or contact chartbuddy to inform him, his bot isnt working?  Grin. Well not exactly his bot but the image.
Richy_T (chartbuddys boss sidekick) is already on it

https://bitcointalk.org/index.php?topic=5450546.msg62233186#msg62233186

FTFY

Funny how no one asks the question, "Why the hell does the U.S. Govt have a massive bitcoin balance if TPTB hate bitcoin and crypto so much?"

Huh.

What a novel theory!!!!!!!!!


 Shocked Shocked Shocked Shocked


Zwei
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May 13, 2023, 02:19:21 AM

Funny how no one asks the question, "Why the hell does the U.S. Govt have a massive bitcoin balance if TPTB hate bitcoin and crypto so much?"

Here is another funny question, "What the hell does the U.S. Govt plan to do with the massive bitcoin balance they have?"
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May 13, 2023, 02:53:17 AM
Merited by El duderino_ (15), vapourminer (1), Hueristic (1), nutildah (1), HI-TEC99 (1), DdmrDdmr (1)


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