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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26368937 times)
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February 10, 2024, 11:03:24 AM


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February 10, 2024, 11:07:00 AM

Just noticed we hit 33000 pages.

Wow. Remember what a big deal it was to reach 1000 pages?

Or the "when page parity?" posts some years ago...

We've now ascended to the "when post parity?" level. Cool
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February 10, 2024, 11:35:34 AM

Just noticed we hit 33000 pages.

Wow. Remember what a big deal it was to reach 1000 pages?

Or the "when page parity?" posts some years ago...

We've now ascended to the "when post parity?" level. Cool

or we have reached a new bottom with this 33k Grin Cool
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February 10, 2024, 01:13:51 PM
Merited by El duderino_ (5), fillippone (3)

the morning wall report

looks remarkably good imo...keep stacking sats and steady as she goes

dyor



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February 10, 2024, 03:17:50 PM
Merited by El duderino_ (5), vapourminer (1), JimboToronto (1), Hueristic (1), jojo69 (1)

As simple as that!


https://www.reddit.com/r/Bitcoin/s/Ak8kAA0wh4
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February 10, 2024, 06:09:39 PM
Merited by fillippone (3), vapourminer (1)

9 days into the new ETF Bull Market and all is well  Cheesy

Your choice of February 1-ish for the beginning of such supposed ETF-related bull market, seems a wee bit off...

Of course, we could use the January 10th approval or the January 11th going live of the ETF offerings, but more likely the ETF-related bull market began somewhere around mid-October.. and my memory is failing me right now in regards to what might have been the trigger for the beginning - perhaps it was the Blackrock's filing for an ETF that pretty much caused awareness of BIG money coming into bitcoin, and either good ideas to start accumulating ahead of some of those BIG players, and/or some of the BIG players themselves realized that they needed to stock up to  the extent that previously they had been negligent in their own stocking up.

48K in one hour BTCBTCBTCBTCBTC
Someone is trying real hard to dump... but tooooooooooo many buyers 🤡
In fact it's a good idea to buy into large sellwalls, because you don't drive up your own buying price  Wink

Whale spotted.

 Shocked Shocked Shocked Shocked

48K in one hour BTCBTCBTCBTCBTC

Someone is trying real hard to dump... but tooooooooooo many buyers 🤡

In fact it's a good idea to buy into large sellwalls, because you don't drive up your own buying price  Wink

Some here remember the infamous bearwhale (who dumped 30K btc at $330 in 2014).
Who knows why? maybe needed 10 mil back then Grin, but it is $1.4 bil now, haha.
Here is a reference, but I remember it as it was yesterday (crazy action):

https://news.bitcoin.com/8-years-ago-today-bitcoin-traders-slayed-the-infamous-bear-whale-who-dumped-30000-btc-in-a-single-trade/

EDIT: that guy crawled back to the market at $1000, lol.
EDIT2: Another point to make is that although the community rightfully celebrated, the price dipped to around $170-175 in about three months and then revisited around $200, many months later in Aug 2015 or thereabout, but the bearwhale did NOT buy that dip.

I definitely remember, and it was at $300 per unit, and I think that I even bought some at that point... but I am pretty sure that I did not have a bitstamp account at the time, even though all of the other exchanges were kind of waiting for those $30k coins to get resolved.. ... for several hours.. so of course, as you mentioned in your second edit, the bearwhale failed for a week or two, but the bearwhale was correct for about a year.. and he could have had boughten back for $250 until the end of 2015.. but then he was fucked after that since, we did not get close to $300 again, especially after May 2016.

Come on BTC, let's get to that $1 trillion market cap and never lose it again.  Smiley

That is not very difficult..

right around $55k-ish... give or take $3k

Come on BTC, let's get to that $1 trillion market cap and never lose it again.  Smiley

what do we need 52k?

maybe 51.45k price does it.

- like you say. .... and that is if we are not accounting for clearly lost coins.. since if we account for some of the lost coins we likely would need a bit of a higher price to be at $1 trillion marketcap. ... to the extent that we even want to be precise in regards to attempts to ballpark market cap.

Typically, I wince at Friday's rallies thinking that sometimes crooked WS pumps things on Fri to dump them hard on Monday, but, hopefully, this one is not the case.
Cheers!

That is a fair point.

It could be a kind of an attempt at insurance for being closed for two days..

Because if there is a pump on the weekend by grass roots and then also a dump on monday by grass roots, then grass roots would be fucking over wall street (or those who are only open monday through friday.. trading hours).

You all know this doesn't have legs right? I don't think there's been a better sell signal in all of history for anything.
Look who’s back!
The alpaca is backa.
Edit: Some people still don't know the difference between an alpaca and a llama.

I prefer to refer to him as a donkey (a donkey with donkey breath), but hey what do I know?
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February 10, 2024, 06:14:46 PM
Merited by fillippone (3)


*34 trillion

FTFY
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February 10, 2024, 07:26:13 PM
Last edit: February 10, 2024, 07:43:29 PM by sirazimuth

You all know this doesn't have legs right? I don't think there's been a better sell signal in all of history for anything.

Look who’s back!

The alpaca is backa.

Edit: Some people still don't know the difference between an alpaca and a llama.

Just to be clear,
I do indeed know the difference between an a alpaca and a llama  (well sorta anyway)
But alpaca-alpaca doesn't roll off the tongue like Llama-Llama and I don't bother with details in matters such as these. (I am, however, anal about other things, but I digress)
And besides, there wasn't a bunch of really cool children's books that I read to my baby daughter years ago (evoking fond memories) about Alpacas.
(well maybe there was, I just didn't research it)  So yeah, proudhon maybe an alpaca... but in my eyes... llama llama. And I'm sure he doesn't mind.




GO BITCOIN
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February 10, 2024, 07:43:54 PM
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February 10, 2024, 07:49:01 PM
Merited by xhomerx10 (1)

I agree with the first statement but not the second. Why would you ever consider trading back to fiat? I would rather see Bitcoin drop to 0 before trading back to fiat.

buying nice things ?

I'm pretty sure many are getting back quite some life changing amount and they will consider cashing out a part for ... see above



I prefer to buy things i need over things that are nice.
For now, i'm satisfied with my current life, so no real need to change it.
At least not this early Wink

that's exactly what I'm talking about: for some it's not early anymore and they are sitting on a 50x or 100x

and btw buying things you need is nice as well... isn't it?

 I've been getting by on nothing for so long now, I don't feel like I need anything.  Maybe a case of Indian River Ruby Red Florida grapefruit... but that's about it.


haven't sold a satoshi for about 8 years but not everyone is the same

I love fruits btw.  I rarely eat vegetables..



 I worked on a farm when I was young - there's nothing like Cortland apple fresh off the tree.   After bringing in straw for 10 to 12 hours, I would cycle by the orchard on the way out and grab the biggest one I could find to eat on the way home Smiley


never tried Cortland. what do they taste like?
Apples are so divers in taste it's almost a miracle. Even when apples get old and mealy you can grate them and they taste delicious again (at least most of them)


 Sorry, I had to take the youngest to a birthday party.  

 The flesh is bright white, slightly crispier than a Macintosh but sweeter while still being tart and very juicy.  My grandma used tell me, "Those are cooking apples!" but I wasn't much of a cook back then (well, I cooked but not pies), it satisfied my hunger on the ride home and they are delicious (not the apple variety delicious).  I can get them here still in season but generally, I get whatever Costco has - Honeycrisp, if I'm feeling wealthy, Ambrosia or Gala otherwise.  I would get the Macs but my my wife and kids think they're too soft.  I like fruits too and we usually have a good selection of fruits on hand - we always have apples, mandarins (or clementines), seedless grapes and bananas... fresh strawberries if they're available otherwise a bag of frozen sliced.   For some reason, the Florida oranges and grapefruit have been very difficult to find these last few years.  I did find some Florida Ruby Red grapefruit by accident a couple weeks ago - we had a visitors staying over so I prepared some at breakfast and I was told by one of them, "I don't really like grapefruit." and I said, "Well then, I suspect you haven't tried one of these; just take a spoon and see if you like it." and after they tried it, they couldn't believe how sweet it was, finished it and then accused me of putting sugar on it.  I did not.
 
 I'd better stop giving away my secrets or it'll be even harder to find Indian River Ruby Reds and Ethiopian Guji, Gigesa coffee beans.  It's the same thing that happened to bitcoin when I told everyone how good it was.

thanks for the explanation. will certainly watch out for Cortland!

living in an area with warm climate is great for fruit lovers. it amazes me that it got so hard to find Florida oranges and grapefruits. wonder why..

you should definitely be careful giving away your fruit secrets... BTC on the other hand... there is enough for everyone, just not for the same price. and in the end everyone will help pumping each others bags. it seems inevitable anyways  Wink


 

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February 10, 2024, 07:50:47 PM

Right. Sideways. Again...

Boring AF.

Come on, Bitcoin, do something!

....

I'm quite satisfied actually  Smiley


Just noticed we hit 33000 pages.

Wow. Remember what a big deal it was to reach 1000 pages?

Or the "when page parity?" posts some years ago...

We've now ascended to the "when post parity?" level. Cool

or we have reached a new bottom with this 33k Grin Cool


I had the same thought yesterday... BTC bottom is not the 200wma anymore but might rather be the WO page count...
let's keep the posts comin' boys...
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February 10, 2024, 08:01:16 PM


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