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

[JayJuanGee]

So bitcoin will cease to exist after 2027-02-07 or what?

If this game still exists, I'll just have to post again by then. For now, I figured 1000 lines is enough scrolling.

I figured that someone was going to play around and place a bunch of potentially contradicting bets; however, I did not imagine the thousand days future bets (which are not contradictory), and then also you are betting majority UP (actually you are betting all of them UP), and surely I was also of the speculative conclusion that bitcoin tends to be a majority down kind of an asset, especially on a daily basis and especially on a long time span such as over 1,000-ish days (even though we are likely expecting a bull market through the first half of that time), even though we have tended to experience greater magnitudes in terms of our UPs during the times when they do end up happening.

In other words, your Up only bets are likely going result in you running out of WO BMs, perhaps by early 2026.

But, yeah no problem putting DirtyKeyboard's WO betting script to a new challenge could not necessarily be a bad idea.

I hope this game ain’t gonna be a thing….

I just lost the game.

Be patient my friend, maybe later luck will be on your side. not this time maybe next time.

Is "later luck" a variation of "lady luck"?  Asking for a friend.

[shahzadafzal]

There’s no second best.

“Bitcoin price on Y-axis, with date on the X-axis. Both Y-axis and X-axis are shown in log base 10.  This is just data.  There is no model here.  No lines, no price predictions, just price and date.  If you see a predictive model, it lives in your head.  So now tell me the thing. You know, the thing that Saylor says about models. Say it about the model in your head.”

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Biodom]

Re trading on CEXes...wanted to trade something on Gemini (for purely historical reasons).
Their liquidity is terrible...bots presenting fake ask/offers all the time...trades occurring in a few $$ range and are literally filling by a few bucks at the time.
In some cases the "tape" overruns your order by a few bucks and still not getting filled.
I am not sure how Bob was able to fill his "farm" orders, maybe OTC?
Fortunately, this is the last time I 'had" to trade there...phew.

The arbitrage abilities between exchanges is way less than it was in our earlier days of bitcoin, so I am having difficulties understanding what you are talking about.

If you want to either buy or sell BTC, you can do it as a market order or as a limited order.

By the way, BIG players, whales, bots or whatever manipulators try to hold prices in place and to profit from small moves in the BTC price until they are not able to no longer hold the BTC price in place.. Then what happens?  it goes in one direction or another until they are able to try to hold it in place again... what is the BIG deal? They are able to do it until they aren't. so what?

Dude...do you even trade bitcoin? Maybe through an intermediary, then?
It seems like your knowledge is purely theoretical: "..you can do it as a market order or as a limited order".
Duh!
However, when doing so in any significant volume, you need liquidity and, especially, market depth.
What good is your limited order when it does not fill because bots take the value away from it?
My order on Gemini was sitting literally 30 sec two bucks BELOW the current "official" ask before it was filled.
This does not happen on Coinbase.
Hence my report that liquidity sucks on Gemini.

Somehow this reminds me of a 40 year virgin flick when the main character opined about how woman breast feels..all fellas immediately figured out that he is a virgin.
https://www.youtube.com/watch?v=ULYtRZE_VaM

...but , he recovers nicely here, haha:
https://www.youtube.com/watch?v=jm1qOT1FCzk

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[As-Soon-As]

NEWS: Senators @SenLummis and @RonWyden sent a bipartisan letter to President Biden saying to stop “threatening to criminalize #Bitcoin    development in America.” 🚀here

I really like this promotion, because it bans by signed proof.

[Greyhats]

WOGame,greyhats,updown,up,100,2024-05-14

[d_eddie]

1 hour, for chrissake...

Meh, you ain't got nothing better to do!

I wish...

I appreciated your link - relevant and informative, but I'd still love a proper writeup.
It's easier to blah blah away and wait for clicks.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Smilevictorobinna]

Since this threading is about Wall Observer BTC/USD - Bitcoin price movement tracking & discussion it will be good I mention The reasons why Bitcoin is still valuable and still increasing in price which is, because of it's scarcity, divisibility, acceptability, portability, durability, uniformity and durability.
This things mentioned are the major reason Bitcoin will never end but keep growing bigger and better.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Ambatman]

Re trading on CEXes...wanted to trade something on Gemini (for purely historical reasons).
Their liquidity is terrible...bots presenting fake ask/offers all the time...trades occurring in a few $$ range and are literally filling by a few bucks at the time.
In some cases the "tape" overruns your order by a few bucks and still not getting filled.
I am not sure how Bob was able to fill his "farm" orders, maybe OTC?
Fortunately, this is the last time I 'had" to trade there...phew.

I think this is common on DeX experienced it in Bitkeep then
Poor liquidity and volume
So price fluctuates way higher than normal and orders are not filled.
Frustrating though
Thought I could benefit from the rampant changes and gain the coin way lower than other exchanges to sell at higher price but the order was never filled.
Abandoned the account, just found out that's the current Bitget. Ironic.

because of it's scarcity, divisibility, acceptability, portability, durability, uniformity and durability.
This things mentioned are the major reason Bitcoin will never end but keep growing bigger and better.

I think Decentralization(durability indirectly falls here)  and scarcity would do.
Should never would be better than will never
We not certain about tomorrow
A meteor could just come and kaboom (okay my imagination is exaggerated)  but you get what I mean 

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Bulltard]

Should never would be better than will never
We not certain about tomorrow
A meteor could just come and kaboom (okay my imagination is exaggerated)  but you get what I mean  

not really, no

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[vapourminer]

A meteor could just come and kaboom (okay my imagination is exaggerated)  but you get what I mean 

not really, no

dont look up then

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Biodom]

Check this out:

https://www.dailymail.co.uk/yourmoney/property/article-13417325/americas-best-housing-market-decade-value-rate.html

So, peeps just put 5% down on a 1mil "modest" house in San Diego and get 100% money "growth" per year (10% of a 1mil house is 100k, which is 100% growth coming from 50K). Crazy stuff, but explains why people stay with RE.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[OgNasty]

The market is so incredibly short Bitcoin right now. Any good sized move up will cause nearly $8,000,000,000 in liquidations. That will cause a massive candle by itself. With MSTR finding its way into indexes and pension funds scooping up BTC, it seems like only a matter of time now. I think we’ll see another month or two of sideways action and then a nice sized candle taking us to $85K at the end of the summer.