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

[JayJuanGee]

https://8marketcap.com/
Silver is at an ath of 65+ an Oz.

It is also poised to move from number 5 to number 4 in marketcap
It has 3.699t and could end up in 2nd or 3rd very soon.

01) Gold         30.213t
02) Nvidia        4.326t
03) Apple         4.075t
04) Google       3.714t
05) Silver           3.700t
06) Microsoft    3.541t
07) Amazon      2.379t
08) BTC.            1.744t

changes have occurred
01) Gold         30.476t     
02) Nvidia        4.385t
03) Apple         4.020t
04) Silver         3.798t
05) Google       3.706t
06) Microsoft    3.605t
07) Amazon      2.336t
08) BTC.           1.754t
silver moves up a notch and it could pass Apple today

I bet there would be some value in looking at the 200-WMAs for each of the assets and how the 200-WMA's for each of them may have changed over the past 4 years and even over the past 10 years.

Maybe bitcoin is especially interesting in terms of its 200-WMA and how it is moving because bitcoin is a relatively young asset, so the 200-WMAs of companies would also be different from the 200-WMAs of commodities like gold and silver.

Assessment of the 200-WMA is also an indicator used by investors. Traders frequently use way shorter moving averages, such as the 200-day and maybe they might use some of the longer term ones from time to time too.. even though they are likely more interested in shorter terms---- even though comparison and contrasts can be made with long term averages as compared with short term averages in order to figure out overall changes in trends or even to attempt to assess whether we might be in a bear market versus a bull market.

Again pump to than dump O’clock?

Annoying to be correct

Market suffer from major manipulation.
Coinbase/Bitstamp/Blackrock/Wintermute/Binance/Martrixport are all buying and selling at the same time like they are in the same Whatsapp group to decide when.

Probaly to stomp those leverage retards until they are exhausted only then they will start the real pump.

They may not be in the same group, but they all have the same interests - which is to make as much money from Bitcoin as possible at all costs. If they have any goal, it is to convince as many weak hands as possible that the bull run is over and thereby drive the price down as low as possible. The tactic they are using is clearly the only one they have at the moment, because it is clear that they are very bothered by the fact that Bitcoin is decentralized and that they cannot privatize, blackmail or copy it.

Those greedy bastards will never be able to forgive themselves for being so stupid for over 10 years when they said Bitcoin was a scam and a mirage, now they are paying dearly and using tricks to lower the price.

Bitcoin just shows you how much demand for money laundering there is in the world,” the head of the largest asset management firm in the world said Friday.
Fink’s comments came right after JPMorgan Chase CEO Jamie Dimon called people who own the cryptocurrency “stupid”.

Yeah, they did the same to Internet stocks in 2001-2002, brought AMZN down from $400 to $5, then bought it cheaply over the following 2-3 years.
Same happened with NFLX...at some point it lost 60-70% all of a sudden with no "visible" causes.
I see all this, but, unfortunately, i don't have many decades ahead, unless AI would be able to find the anti-aging treatment in the next 10 years or so.
Still...I hodl.

You gotta admit also that bitcoin is different from stocks.. even though surely it can be perceived as being similar to stocks and even to try to pigeonhole it into stock-like categories... yet at the same time, there is some unique aspects of the underlying that is going to continue to be challenging in terms of figuring out the extent to which it is controllable and/or if sometimes differences between paper product locations and actual bitcoin will end up contributing to the discovery of circumstances in which some insolvent custodians do not have the bitcoins that they claim to have.

OT:
The trial today was interesting. Mr. scammer and his accomplice wife are going to be arrested for 2-4 years. I didn't stay until the final ruling, but i can browse the documentation online in a couple of days. Sadly, they got children, but this is a reason for the wife to get away with house arrest.

Is this something that "we" should know without a more explicit reference?  perhaps I can google, but still, why should I have to take any additional steps?  Am I getting lazy?  Tell me it isn't so.

[philipma1957]

The Yardstick looks extremely undervalued sitting at rock bottom.

Bitcoin will go up in 2026.

Can you provide a legend for the colors in the graph? Black is market cap.

I was looking at that as well and thinking how can that red spike be hashrate?

Maybe Phil can explain that to my dumb ass.

Color blind so red green are the same to me.

Unless it is a ton of red on the screen so the chart does not show well to me.

[El duderino_]

Rinse repeat song…

[philipma1957]

The Yardstick looks extremely undervalued sitting at rock bottom.

Bitcoin will go up in 2026.

Can you provide a legend for the colors in the graph? Black is market cap.

I was looking at that as well and thinking how can that red spike be hashrate?

Maybe Phil can explain that to my dumb ass.

Color blind so red green are the same to me.

Unless it is a ton of red on the screen so the chart does not show well to me.




Edit it is a bullshit worthless chart as the fuck your brain vision and thoughts by scaling it shitty

10k to 100k is log smashed and it will fuck with your head bigly.

My guess is the really high red way over the black means too much hash and not enough price

Or the reverse



Edit

Okay we have 1200eh burning x kwatts

And the cost  y

The infrastructure cost z

So the red shows value of x+y+z and it's ratio to the market cap

Maybe?

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[JayJuanGee]

[edited out]

You are making personal attacks on JayJuanGee ........

.....whether you like him or not agree with his statements or not it cannot be denied that he discusses based on facts and logic not personal insults.

I'm not a complete angel since I throw out (or include) some personal insults once in a while too..    

We are in uncharted territory imho and we have Blackrock and the boys playing around this time! We can certainly expect the unexpected… they are absolute professionals at stealing your Bitcoin 1 satoshi at a time!

Can you explain how Blackrock is stealing Bitcoin 1 satoshi at a time? That's quite an accusation to be making!

If true, the SEC and DOJ would certainly be very interested in what you know 'if' you can prove your claim that Blackrock steals Bitcoin. Otherwise it is a fraudulent assertion that could be treated as a false statement of a material fact made with the intent to cause Blackrock harm.  

 

You are quite the gullible little turd in your presumption that the powers that be create and/or enforce laws and/or policies in ways that actually "do the right thing" or that they are neutral in their goals or that they are attempting to protect consumers as frequently they state to be their goals.

There are many ways that BIGGER players are allowed to steal money from the public and from individuals and to disproportionately benefit in systematic ways or even in ways that they are not punished when things blow up and they were responsible for such blow-up(s), whether we are referring to Blackrock or various other protected (and influential) institutional players (or status quo rich folks).

FYI - BlackRock can take legal action regarding false accusations made on a social messaging website, and this action could be directed at this bitcointalk.org website, or at the individual (you) who made the statement, going after your IP address for identification. I don't think you want that to happen or to be involved in such matters... Just saying'  

There is no real need for you to be any more retarded than you already are.. except that you continue to show yourself as a lapdog for status quo institutions and desires to project them as if they were a good thing to invest in...  

You would just love for more and more normies to put their money into scam paper products so that they can be bled of their wealth and also bled of their self-sovereignty and financial sovereignty to the extent that either of those continue to exist in modern times.

[OutOfMemory]

OT:
The trial today was interesting. Mr. scammer and his accomplice wife are going to be arrested for 2-4 years. I didn't stay until the final ruling, but i can browse the documentation online in a couple of days. Sadly, they got children, but this is a reason for the wife to get away with house arrest.

Is this something that "we" should know without a more explicit reference?  perhaps I can google, but still, why should I have to take any additional steps?  Am I getting lazy?  Tell me it isn't so.

Nope, just a quick update to my post from earlier this day. It was about an ill horse that was sold to me, which was actually stolen. And i'm not the only victim, as i found out later. The horse is fine now, but the scammer got prosecuted. Short version. It's not in the news, but the country i live in offers public documentation of all legal proceedings and trials (except civil law).

Yeah, they did the same to Internet stocks in 2001-2002, brought AMZN down from $400 to $5, then bought it cheaply over the following 2-3 years.
Same happened with NFLX...at some point it lost 60-70% all of a sudden with no "visible" causes.
I see all this, but, unfortunately, i don't have many decades ahead, unless AI would be able to find the anti-aging treatment in the next 10 years or so.
Still...I hodl.

Maybe hedge fonds moves?

Still, you can do a lot to age healthy, based on asian medicine. Berberine, Cordyceps militaris, Nattokinase to name a few, combined with NAC, Vitamin C,D,B, Magnesium, Potassium, Zinc. It's some research to do what works and what to combine and what not to combine. I know, with 50+ i can only guess what life is like at +10, +20, or even 80+ years, but compared to people of my age, i'm doing noticeably well (working memory problems and attention deficit excluded, but i also managed to improve those).

OT:
The trial today was interesting. Mr. scammer and his accomplice wife are going to be arrested for 2-4 years. I didn't stay until the final ruling, but i can browse the documentation online in a couple of days. Sadly, they got children, but this is a reason for the wife to get away with house arrest.

Yes, sure, you can find some small molecule "treatments" that might help, but there is this fundamental problem of aging that science as a whole so far has not been able to fully grasp with some tantalizing hints from the model organisms. I think every genome is unique and whatever is found for mice might not work for humans, but could point in a right direction.

There are several multibillion $$ (in direct investment) private companies that are working on this problem and P. Diamandis thinks that it is solvable in 10-15 years.
I also read with interest about the 5 stages of brain development; 0-8, 9-31, 32-65, 66-83 and over 83.
https://www.cam.ac.uk/stories/five-ages-human-brain

I am of the opinion that when you get to be over 83, then all these new types of medicines might not help much as the brain is already at the final stage.
The best time is probably the 32-65 years old cohort, but I am hoping that 66-83 might still be "extended". We shall see.

I have seen my father in law: he was very sharp until about 81, then 81-84 was OK, but then you could have seen the changes after about 85-86. Died of COVID at 88, RIP.
In my family line(s), all females live a very long time (over 90 to much over 90), but all males die by 83 and less to much less, so there is some prior history.

Interesting link, thanks.
I knew about accelerated cell aging at 34, 60 and 78. And this type of aging is heavily influenced by lifestyle, environment and nutrition.
Clearly, a lot of these progressions are influenced by genetics, but i have a different example in my family:
My grandfather got 94 years old, never smoked, never drank alcohol, worked as a tinner. My father (his son) believed that he would get about as old, no matter what, because he inherited "my father's good genetics". He quit smoking at 35 or so (but also sports), worked in the IT industry, unhealthy eating habits, drank alcohol (not much but quite daily), died at 60, believing he would get as old as his dad until the day he died.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ESG]

Can you explain how Blackrock is stealing Bitcoin 1 satoshi at a time? That's quite an accusation to be making!

If true, the SEC and DOJ would certainly be very interested in what you know 'if' you can prove your claim that Blackrock steals Bitcoin. Otherwise it is a fraudulent assertion that could be treated as a false statement of a material fact made with the intent to cause Blackrock harm.  

 

 Isn't it enough to come here to unroll your
 toilet paper rolls in the heads of the readers of this topic,?

Need to level up and move on to threats now?,

  where do you want to get with your papers?

[Biodom]

Yeah, they did the same to Internet stocks in 2001-2002, brought AMZN down from $400 to $5, then bought it cheaply over the following 2-3 years.
Same happened with NFLX...at some point it lost 60-70% all of a sudden with no "visible" causes.
I see all this, but, unfortunately, i don't have many decades ahead, unless AI would be able to find the anti-aging treatment in the next 10 years or so.
Still...I hodl.

Maybe hedge fonds moves?

Still, you can do a lot to age healthy, based on asian medicine. Berberine, Cordyceps militaris, Nattokinase to name a few, combined with NAC, Vitamin C,D,B, Magnesium, Potassium, Zinc. It's some research to do what works and what to combine and what not to combine. I know, with 50+ i can only guess what life is like at +10, +20, or even 80+ years, but compared to people of my age, i'm doing noticeably well (working memory problems and attention deficit excluded, but i also managed to improve those).

OT:
The trial today was interesting. Mr. scammer and his accomplice wife are going to be arrested for 2-4 years. I didn't stay until the final ruling, but i can browse the documentation online in a couple of days. Sadly, they got children, but this is a reason for the wife to get away with house arrest.

Yes, sure, you can find some small molecule "treatments" that might help, but there is this fundamental problem of aging that science as a whole so far has not been able to fully grasp with some tantalizing hints from the model organisms. I think every genome is unique and whatever is found for mice might not work for humans, but could point in a right direction.

There are several multibillion $$ (in direct investment) private companies that are working on this problem and P. Diamandis thinks that it is solvable in 10-15 years.
I also read with interest about the 5 stages of brain development; 0-8, 9-31, 32-65, 66-83 and over 83.
https://www.cam.ac.uk/stories/five-ages-human-brain

I am of the opinion that when you get to be over 83, then all these new types of medicines might not help much as the brain is already at the final stage.
The best time is probably the 32-65 years old cohort, but I am hoping that 66-83 might still be "extended". We shall see.

I have seen my father in law: he was very sharp until about 81, then 81-84 was OK, but then you could have seen the changes after about 85-86. Died of COVID at 88, RIP.
In my family line(s), all females live a very long time (over 90 to much over 90), but all males die by 83 and less to much less, so there is some prior history.

Interesting link, thanks.
I knew about accelerated cell aging at 34, 60 and 78. And this type of aging is heavily influenced by lifestyle, environment and nutrition.
Clearly, a lot of these progressions are influenced by genetics, but i have a different example in my family:
My grandfather got 94 years old, never smoked, never drank alcohol, worked as a tinner. My father (his son) believed that he would get about as old, no matter what, because he inherited "my father's good genetics". He quit smoking at 35 or so (but also sports), worked in the IT industry, unhealthy eating habits, drank alcohol (not much but quite daily), died at 60, believing he would get as old as his dad until the day he died.

Certainly, 60 is way too early, I am sorry that you had to experience this at, presumably, young age.

Healthy or unhealthy habits might not always have a great influence.
W. Churchill was overweight, smoke cigars and drank cognac, yet lived to more than 90.
Who knows, maybe if he didn't do all this, he would have lived to over 100, but, still...
Perhaps, sometimes it's just a game of chance.

[philipma1957]

<big snip>

Certainly, 60 is way too early, I am sorry that you had to experience this at, presumably, young age.

Healthy or unhealthy habits might not always have a great influence.
W. Churchill was overweight, smoke cigars and drank cognac, yet lived to more than 90.
Who knows, maybe if he didn't do all this, he would have lived to over 100, but, still...
Perhaps, sometimes it's just a game of chance.

It is always some luck involved.
Some genes.
Some actions.

I am certain stopping the cigarettes in Feb 1996 made me healthier.
No way I could have lasted til now.

But I was lucky to get just sick enough to know smoking had to end or I would end.
I acted on it in time.

None of us know if a behavior will fuck us or not when we begin it.

But after a while some of us are lucky enough to know when to stop that bad habit.

My friend from 1996 broke his hip at the doctors office during a check up. He did surgery not sure how well he will heal hoping for the best. He is 79.

[Biodom]

<big snip>

Certainly, 60 is way too early, I am sorry that you had to experience this at, presumably, young age.

Healthy or unhealthy habits might not always have a great influence.
W. Churchill was overweight, smoke cigars and drank cognac, yet lived to more than 90.
Who knows, maybe if he didn't do all this, he would have lived to over 100, but, still...
Perhaps, sometimes it's just a game of chance.

It is always some luck involved.
Some genes.
Some actions.

I am certain stopping the cigarettes in Feb 1996 made me healthier.
No way I could have lasted til now.

But I was lucky to get just sick enough to know smoking had to end or I would end.
I acted on it in time.

None of us know if a behavior will fuck us or not when we begin it.

But after a while some of us are lucky enough to know when to stop that bad habit.

My friend from 1996 broke his hip at the doctors office during a check up. He did surgery not sure how well he will heal hoping for the best. He is 79.

Yeah, stopping smoking is like this: the survival curve changes at the very moment you stopped and instead of plunging straight down after about 40 years of smoking, it bends rightwards to a much longer life.

You can even stop at 65, almost on the precipice (albeit, i would not advise to wait that long), and still add a decade or two...or continue and have only a few years max.

[BTCETFInvestor]

OT:
The trial today was interesting. Mr. scammer and his accomplice wife are going to be arrested for 2-4 years. I didn't stay until the final ruling, but i can browse the documentation online in a couple of days. Sadly, they got children, but this is a reason for the wife to get away with house arrest.

Nope, just a quick update to my post from earlier this day. It was about an ill horse that was sold to me, which was actually stolen. And i'm not the only victim, as i found out later. The horse is fine now, but the scammer got prosecuted. Short version. It's not in the news, but the country i live in offers public documentation of all legal proceedings and trials (except civil law).

OOM - Since the horse was originally stolen and then sold to you, are you somehow able to keep it now as its legitimate owner?

Was the scammer and his wife prosecuted for your case along with the other victim(s) in the same ruling or just for your one individual case? Is the horse used for show, breeding or pleasure or a work horse? I'm glad the horse is healthy now, maybe with your care and attention.      

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Biodom]

A see something controversial in the charts:

Since Dec 2022 low (3 years):

BCH outperformed Bitcoin during both the last three and one year time frames:

BCH at 97.7 at Dec 2022 low, now 624.12 (up 538.8%)
BCH at 480.65 one year ago, now 624.12 (up 29.84%)

BTC at 15782 at Nov 2022 low, now 87892 (up 456.9%)
BTC at 100070 one year ago, now 87892 (down 12.17%)

My read: there are some parties or a hedge fund (or a multiple of those) that are actively accumulating BCH in the last three years, accelerating in the last year and at the same time the same funds might have been shorting btc (the latter suggestion is a stretch, but could be a logical path).

I can easily see how bch can make itself more "sexy" in the short term...beware.
What would happen to the sentiment in btc if outperformance of bch would increase?
Of course, those bitcoins that were not split since 2017 would get both chains appreciation or the lack of it.

[philipma1957]

OT:
The trial today was interesting. Mr. scammer and his accomplice wife are going to be arrested for 2-4 years. I didn't stay until the final ruling, but i can browse the documentation online in a couple of days. Sadly, they got children, but this is a reason for the wife to get away with house arrest.

Nope, just a quick update to my post from earlier this day. It was about an ill horse that was sold to me, which was actually stolen. And i'm not the only victim, as i found out later. The horse is fine now, but the scammer got prosecuted. Short version. It's not in the news, but the country i live in offers public documentation of all legal proceedings and trials (except civil law).

OOM - Since the horse was originally stolen and then sold to you, are you somehow able to keep it now as its legitimate owner?

Was the scammer and his wife prosecuted for your case along with the other victim(s) in the same ruling or just for your one individual case? Is the horse used for show or breeding or a work horse? I'm glad the horse is healthy now, maybe with your help an attention.      

my guess based on USA law is the original owner gets the horse 🐎 back.

oom gets money from the thief to pay for the loss.

but oom would be free to cut a deal with the original owner if the original owner wants to.

but countries vary.

also someone nursed the horse back to health which could complicate things a bit.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[JayJuanGee]

A see something controversial in the charts:
Since Dec 2022 low (3 years):

BCH outperformed Bitcoin during both the last three and one year time frames:

BCH at 97.7 at Dec 2022 low, now 624.12 (up 538.8%)
BCH at 480.65 one year ago, now 624.12 (up 29.84%)

BTC at 15782 at Nov 2022 low, now 87892 (up 456.9%)
BTC at 100070 one year ago, now 87892 (down 12.17%)

My read: there are some parties or a hedge fund (or a multiple of those) that are actively accumulating BCH in the last three years, accelerating in the last year and at the same time the same funds might have been shorting btc (the latter suggestion is a stretch, but could be a logical path).

I can easily see how bch can make itself more "sexy" in the short term...beware.
What would happen to the sentiment in btc if outperformance of bch would increase?
Of course, those bitcoins that were not split since 2017 would get both chains appreciation or the lack of it.

Horey sheit!!!!  You sound distracted. 

There are not even very many places that I can find the BTC / BCH pair in order to try to make a comparison, yet it seems that BCH had gone down quite a bit for several years prior to 2022 (so yeah, mostly starting from 2018 until 2022), so the mere fact that it recovered a wee bit or stayed flat since 2022 sounds like a BIG so fucking what?

Which other pieces of shit coins should we be distracted into with some hope that they may have some temporary pumpenings?

Does not seem like a good use of time, energy and/or value to be gambling with our bitcoin investment funds (or even our discussions in this thread) in such a way that we might be trying to identify some glimmer of hope that some shitcoin might be less shitty than some other shitcoin on some timescale that we consider potentially profitable to trade with our investment funds.

[Biodom]

A see something controversial in the charts:
Since Dec 2022 low (3 years):

BCH outperformed Bitcoin during both the last three and one year time frames:

BCH at 97.7 at Dec 2022 low, now 624.12 (up 538.8%)
BCH at 480.65 one year ago, now 624.12 (up 29.84%)

BTC at 15782 at Nov 2022 low, now 87892 (up 456.9%)
BTC at 100070 one year ago, now 87892 (down 12.17%)

My read: there are some parties or a hedge fund (or a multiple of those) that are actively accumulating BCH in the last three years, accelerating in the last year and at the same time the same funds might have been shorting btc (the latter suggestion is a stretch, but could be a logical path).

I can easily see how bch can make itself more "sexy" in the short term...beware.
What would happen to the sentiment in btc if outperformance of bch would increase?
Of course, those bitcoins that were not split since 2017 would get both chains appreciation or the lack of it.

Horey sheit!!!!  You sound distracted.  

There are not even very many places that I can find the BTC / BCH pair in order to try to make a comparison, yet it seems that BCH had gone down quite a bit for several years prior to 2022 (so yeah, mostly starting from 2018 until 2022), so the mere fact that it recovered a wee bit or stayed flat since 2022 sounds like a BIG so fucking what?

Which other pieces of shit coins should we be distracted into with some hope that they may have some temporary pumpenings?

Does not seem like a good use of time, energy and/or value to be gambling with our bitcoin investment funds (or even our discussions in this thread) in such a way that we might be trying to identify some glimmer of hope that some shitcoin might be less shitty than some other shitcoin on some timescale that we consider potentially profitable to trade with our investment funds.

FFS...distracted? I gave you the data..you can close your eyes and ears, smoke it or look at it and surmise what it means.
Don't feign a surprise if the dichotomy increases further due to an aggressive marketing, which i am sure is coming pretty soon (within a year or two).

I don't need to buy bch as it is tucked in together with btc, sleeping side by side in a permanent hodling wallet since way back when.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com