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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 13096. (Read 26719662 times)

legendary
Activity: 2758
Merit: 13660
BTC + Crossfit, living life.
Anybody up for a HairyMaclairy inspired game of "Where's Wall-do"?  I thought it might be a distraction from the prevailing bearishness.  Bragging rights only for the winner.










Somewhere in romania ( bucharest) ( victoriei street ) ......
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"



CNBC Reverse Bitcoin Price Indicator - pump incoming?

I am confused.  If CNBC is a "reverse indicator" then wouldn't such misery index mean that a dump is coming because at this time, they are showing a seemingly high level of current misery, no?  But since they are wrong, then that means, more dump is coming, contrary to the CNBC conclusion that misery is high?




CNBC Reverse Bitcoin Price Indicator - pump incoming?

You can also use this website to understand the dip and the top of the price

https://alternative.me/crypto/fear-and-greed-index/

1 means max. fear
100 means max. greed.

For ex. look at the 6th of February. the index point is 8. very close to max. fear (which is 1) and the BTC was at the dip. at the 7th of February the trend change.
21th of February. The index point is 74 close to max greed. the price is at the top. At the 22th of February the trend change.


Aren't measurements like this a bit inaccurate because they are lumping bitcoin and crypto together?

What the fuck do we care about crypto, overall?

We care about bitcoin, right?

I understand that bitcoin is related to crypto, but I do think that having a bitcoin ONLY measure would cause a bit of a more meaningful misery measurement tool.
legendary
Activity: 3808
Merit: 7912
Anybody up for a HairyMaclairy inspired game of "Where's Wall-do"?  I thought it might be a distraction from the prevailing bearishness.  Bragging rights only for the winner.








legendary
Activity: 2758
Merit: 13660
BTC + Crossfit, living life.
If smart money is smart, they may be looking ferociously to the record pile up of BTC shorts, just waiting to be short covered by whales teasing the price upwards and upwards. If that cow can still be milked, why wouldn't they?



yeah why wouldn't they.... i'm curious what the next days-weeks gonna bring  Roll Eyes
legendary
Activity: 2296
Merit: 2271
BTC or BUST


Nice little support line in the right direction.. I would be bullish, expecting a small uptrend there, until it breaks down through that line..

The books look to be pretty even on both sides, neutral..

BTW have you guys ever seen this?
https://tucsky.github.io/SignificantTrades/#

It shows large buys and sells live from many exchanges..
It might give you an edge to see a dump coming before it reaches the exchange you are on, or a pump..
legendary
Activity: 1464
Merit: 1136
As for volatility, I am pretty much waiting for the next bear trap to buy in again. Now is the most uncertain time for a new wave of newbie buyers and people are going to exploit that.

How the psychology of fear keeps people from buying the bottom..

I think this is a very certain time in the market. I think the price was more likely to go down at any time during the pump than now, after it is already down..
New ATHs are what scare me.. all time highs

But when people see ATHs they feel brave and greed?


Totally nerve wrecking for me also (watching the price rocket waiting for the consequences.)
Hopefully the next time we reach 20K it isn't on the handle of a hockey stick.  
legendary
Activity: 1932
Merit: 1610
Self made HODLER ✓
If smart money is smart, they may be looking ferociously to the record pile up of BTC shorts, just waiting to be short covered by whales teasing the price upwards and upwards. If that cow can still be milked, why wouldn't they?

Because maybe they are expecting the pile of shorts to be even higher before rekting them for good? Smiley
sr. member
Activity: 392
Merit: 250
Looks like them folks that this thread loves to hate are having a pissing contest

https://bcfocus.com/news/bitmain-ceo-slams-craig-wright-over-proposed-bitcoin-cash-hard-fork-tells-him-to-f-off/23342/

At least Jihan Wu pretends to be on the right side of the argument.

What good is a BCash hard fork to increase block size when no one is even buying and using that shit? No merchants, no investors, nothing.

Sure it'll allow CSW et. al. to centralize and control a BCash clone, but he'll end up the King of a complete wasteland kingdom. Another dead zombie coin with no future. So what's the fkn point?


All the people behind Bcash have huge ego issues. Now all those egos are colliding and its beautiful. Cant wait until the whole thing blows up in their faces.
legendary
Activity: 3122
Merit: 1538
yes
If smart money is smart, they may be looking ferociously to the record pile up of BTC shorts, just waiting to be short covered by whales teasing the price upwards and upwards. If that cow can still be milked, why wouldn't they?
legendary
Activity: 2758
Merit: 13660
BTC + Crossfit, living life.
As for volatility, I am pretty much waiting for the next bear trap to buy in again. Now is the most uncertain time for a new wave of newbie buyers and people are going to exploit that.

How the psychology of fear keeps people from buying the bottom..

I think this is a very certain time in the market. I think the price was more likely to go down at any time during the pump than now, after it is already down..
New ATHs are what scare me.. all time highs

But when people see ATHs they feel brave and greed?

Is this why the whales get so rich off of dumb money?

smart money must go into BTC to call it later dumb money to make the whales richer with  Roll Eyes haha  Grin
legendary
Activity: 2758
Merit: 13660
BTC + Crossfit, living life.
It must be time for a new poll. Anticipated volatility leading up to Sept.30 should make for some good poll results!


exactly  Grin

haha nice gif you got there.. Would be a shame if someone....Took it.

As for volatility, I am pretty much waiting for the next bear trap to buy in again. Now is the most uncertain time for a new wave of newbie buyers and people are going to exploit that.

why waiting, price is good to buy and if oppertunity of lower prices is there buy again ..... always buy with worthless fiat, thats the best use case for fiat these days  Shocked
legendary
Activity: 2296
Merit: 2271
BTC or BUST
As for volatility, I am pretty much waiting for the next bear trap to buy in again. Now is the most uncertain time for a new wave of newbie buyers and people are going to exploit that.

How the psychology of fear keeps people from buying the bottom..

I think this is a very certain time in the market. I think the price was more likely to go down at any time during the pump than now, after it is already down..
New ATHs are what scare me.. all time highs

But when people see ATHs they feel brave and greed?

Is this why the whales get so rich off of dumb money?
legendary
Activity: 2282
Merit: 2057
A Bitcoiner chooses. A slave obeys.
It must be time for a new poll. Anticipated volatility leading up to Sept.30 should make for some good poll results!


exactly  Grin

haha nice gif you got there.. Would be a shame if someone....Took it.

As for volatility, I am pretty much waiting for the next bear trap to buy in again. Now is the most uncertain time for a new wave of newbie buyers and people are going to exploit that.
legendary
Activity: 2758
Merit: 13660
BTC + Crossfit, living life.
It must be time for a new poll. Anticipated volatility leading up to Sept.30 should make for some good poll results!


exactly  Grin
legendary
Activity: 1464
Merit: 1136
It must be time for a new poll. Anticipated volatility leading up to Sept.30 should make for some good poll results!
legendary
Activity: 3794
Merit: 5474
So MANY AMATUERS in crypto. Jihan despite building a billion dollar company is an amateur. You do not get political when you sell shovels. You just shut up and sell shovels. Idiot.

Or another analogy, when you are successfully mining Gold (something that people are actually buying and holding because they value it) you don't go on a political campaign to switch gears and mine something else that no one is asking for. Makes no fkn sense.
legendary
Activity: 2758
Merit: 13660
BTC + Crossfit, living life.
legendary
Activity: 3794
Merit: 5474


watch out where you start with and buy some BTC with what you can afford to lose it might be the thing to save you

How is it a business failure when you're the one wageslaving? If anything the business is doing great after chewing you and spitting you out. "Thanks for the hard work, go away." I never understand these kinds of people...Is it the stuck mentality of the 1950s? Back when jobs actually paid money that was worth something?

Yep, they chew you up and spit you out. Only to replace you with someone younger (*cough* cheaper *cough*) to do the same job. It's because companies don't want to pay the middle layers anymore. In fact, if they could automate and eliminate all the expensive middle and upper middle management, they would do so in a heart beat.

If anyone wants to know if they have a long future with the company they work with, all they have to do is to look around. See many colleagues still there in their 50s and 60s? Or even 40s? No? Then you won't last there long either. This is the case with many companies now, especially tech companies.
legendary
Activity: 2156
Merit: 1070
Looks like them folks that this thread loves to hate are having a pissing contest

https://bcfocus.com/news/bitmain-ceo-slams-craig-wright-over-proposed-bitcoin-cash-hard-fork-tells-him-to-f-off/23342/

At least Jihan Wu pretends to be on the right side of the argument.

What good is a BCash hard fork to increase block size when no one is even buying and using that shit? No merchants, no investors, nothing.

Sure it'll allow CSW et. al. to centralize and control a BCash clone, but he'll end up the King of a complete wasteland kingdom. Another dead zombie coin with no future. So what's the fkn point?

So MANY AMATUERS in crypto. Jihan despite building a billion dollar company is an amateur. You do not get political when you sell shovels. You just shut up and sell shovels. Idiot.
legendary
Activity: 2282
Merit: 2057
A Bitcoiner chooses. A slave obeys.


watch out where you start with and buy some BTC with what you can afford to lose it might be the thing to save you

How is it a business failure when you're the one wageslaving? If anything the business is doing great after chewing you and spitting you out. "Thanks for the hard work, go away." I never understand these kinds of people...Is it the stuck mentality of the 1950s? Back when jobs actually paid money that was worth something?
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