Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 2582. (Read 26712671 times)
December 27, 2022, 10:31:49 AM
You realize that everyone with a phone can tweet rumors, right? So far not a single fact sustaing this isolated FUD from a probably scam account. Grayscale makes insane profits because of the high fees, while its investors have the choice either to hold their shares with the hope of an ETF conversion one day, when they will be able to sell the market price, or to sell now for $8.33 per share, i.e. $8330 per Bitcoin. And this is an internal sale, no actual Bitcoins are sold on the market, except the daily fee in BTC's.
December 27, 2022, 10:30:43 AM
I was analyzing Bitcoin's RSI on Weekly Timeframe.
I noticed something similar happening as compared to 2018.
Down represents when RSI crosses RSI's Moving Average downwards.
Up represents when RSI crosses RSI's Moving Average upwards.
In 2018, there were 5 Down Crosses before bottom was in. After the last down cross, BTC went down 50%.
Currently, 5th Down Cross happened on 5th Dec, 2022. Let's see if Bitcoin follows the similar pattern.
I noticed something similar happening as compared to 2018.
Down represents when RSI crosses RSI's Moving Average downwards.
Up represents when RSI crosses RSI's Moving Average upwards.
In 2018, there were 5 Down Crosses before bottom was in. After the last down cross, BTC went down 50%.
Currently, 5th Down Cross happened on 5th Dec, 2022. Let's see if Bitcoin follows the similar pattern.
December 27, 2022, 10:16:56 AM
It seems like the market is keeping its eyes on Grayscale at the moment. Rumors are starting to circulate that they could fall and have to liquidate their holdings, which would likely send the Bitcoin price down below $10K. We’ve reached the gambling part of the bottom. Will the dominoes continue falling or is this peak market fear and time to buy. I guess we’ll have to wait and see how 2023 goes to get our answer.
What source for that rumor do you have?
The rumors are they holding 635,000 BTC
https://twitter.com/whalechart/status/1607457754939289600
December 27, 2022, 10:11:04 AM
It seems like the market is keeping its eyes on Grayscale at the moment. Rumors are starting to circulate that they could fall and have to liquidate their holdings, which would likely send the Bitcoin price down below $10K. We’ve reached the gambling part of the bottom. Will the dominoes continue falling or is this peak market fear and time to buy. I guess we’ll have to wait and see how 2023 goes to get our answer.
What source for that rumor do you have?
December 27, 2022, 10:01:22 AM
December 27, 2022, 09:38:10 AM
It seems like the market is keeping its eyes on Grayscale at the moment. Rumors are starting to circulate that they could fall and have to liquidate their holdings, which would likely send the Bitcoin price down below $10K. We’ve reached the gambling part of the bottom. Will the dominoes continue falling or is this peak market fear and time to buy. I guess we’ll have to wait and see how 2023 goes to get our answer.
December 27, 2022, 09:23:49 AM
~snip
Season's Greetings to all WOers!
We may be a little lower that many of us had predicted for this time of year ($17k vs. $100k+), but a true WOer knows that GTCTTWW.
Be well, love and be loved, enjoy yourselves, and... HoDL!
Can't remember what it means.We may be a little lower that many of us had predicted for this time of year ($17k vs. $100k+), but a true WOer knows that GTCTTWW.
Be well, love and be loved, enjoy yourselves, and... HoDL!
Brain no doesn't work that great at all times.
I'm sure if you thought about it a little longer though it would come to you... since it's a good thing and you will have waited for it to come to you.
Huh? That should have been easy to recall. Funny I could not remember it. I need to go for a doctor (or psych) check-up.
~snip
I wouldn't worry about not being able to expand an acronym, which you likely haven't seen more than a handful of times in your life, at first glance. On the other hand, if you find yourself forgetting how to buy and hodl bitcoin, you should probably get yourself checked out.
NB I am not a doctor and this is not financial advice.
#nohomo
December 27, 2022, 09:01:18 AM
December 27, 2022, 08:45:47 AM
sry couldn't find the article that I read anymore...
but here is an older one from summer:
https://fortune.com/2022/07/12/texas-bitcoin-miners-paid-shut-down-power-grid-electricity-blackout-heat/
but here is an older one from summer:
https://fortune.com/2022/07/12/texas-bitcoin-miners-paid-shut-down-power-grid-electricity-blackout-heat/
Sorry, it’s behind a paywall.
That's what 12ft.io is for.
December 27, 2022, 08:01:18 AM
December 27, 2022, 07:01:21 AM
December 27, 2022, 06:40:08 AM
I respectfully
2023
2023
December 27, 2022, 06:01:18 AM
December 27, 2022, 05:29:56 AM
sry couldn't find the article that I read anymore...
but here is an older one from summer:
https://fortune.com/2022/07/12/texas-bitcoin-miners-paid-shut-down-power-grid-electricity-blackout-heat/
but here is an older one from summer:
https://fortune.com/2022/07/12/texas-bitcoin-miners-paid-shut-down-power-grid-electricity-blackout-heat/
Sorry, it’s behind a paywall.
yeah whatevs.. maybe search for it yourself, if you are interested. Not going to spoonfeed you
At least you now got a hint that something is going on regarding miner shutdown compensation..
For me it makes sense. Miners provide an important service to grid security by relinquishing some of their profits. I think that's worth a (partial) compensation.
Maybe, but I still wouldn’t trust any government hand outs. It sounds a lot like the lockdown mottos, “I’ll pay you to stay home and don’t travel”.
Another attack vector on Bitcoin perhaps? philipma can tell us if he knows anything more to it.
BTC has various use cases. That includes using the BTC network as a balancing tool for the energy grid.
If the community (government) decides to pay you on top of the mining rewards, so they can have enough energy in emergency situations, why not.
December 27, 2022, 05:01:16 AM
December 27, 2022, 04:53:37 AM
sry couldn't find the article that I read anymore...
but here is an older one from summer:
https://fortune.com/2022/07/12/texas-bitcoin-miners-paid-shut-down-power-grid-electricity-blackout-heat/
but here is an older one from summer:
https://fortune.com/2022/07/12/texas-bitcoin-miners-paid-shut-down-power-grid-electricity-blackout-heat/
Sorry, it’s behind a paywall.
For me it makes sense. Miners provide an important service to grid security by relinquishing some of their profits. I think that's worth a (partial) compensation.
Maybe, but I still wouldn’t trust any government hand outs. It sounds a lot like the lockdown mottos, “I’ll pay you to stay home and don’t travel”.
Another attack vector on Bitcoin perhaps? philipma can tell us if he knows anything more to it.
Adding to Antisthenes' list of privacy tools:
VeraCrypt — A free, open-source (any closed-source encryption tool should be considered as compromised) encryption software for Windows, Mac OSX and Linux.
VeraCrypt — A free, open-source (any closed-source encryption tool should be considered as compromised) encryption software for Windows, Mac OSX and Linux.
Looks promising.
But here is the problem, although I’m a great fan of open-source and agree that closed-source should be treated as compromised, the truth is somewhere in between. Windows and Mac OS? Pfff. Choose your poison wisely.
BTW, the list goes on and on, from the best antivirus around - Comodo - to Malwarebytes and Deep Freeze.
Especially the later, was one of my favourite back in the days.
One last input about password managers. Having a single point of failure - does not bind well in my world.
It's about sending a message. Full boycott.
Aye.
Down with the bullshit agenda that Hollywoke is pushing.
Hey, it’s a matter of polyticks.
+ 1 WO’s merit.
Merit begging through reverse psychology.
Exactly!!! That's what I had b trying to say.
How about you snowflakes, quote the most important part of that post?
~ because it deflects and distracts attention from the important stuff, empowering scammers.
Remember you are looking at shadows on the cave wall, try to find and then move closer to the entrance of the cave, then at least you will start to get closer to the light. Also, it may be good if you can try to move close enough to the entrance in order that you are able to actually see outside.
How about you remember to: never quote me and never merit me for a change?
I’m aware that I have a very sweet dick, and for that very - understandable - reason, you are inclined to grab it, hold it, and suck it to the end of times, but ffs Jay, this debate will lead us nowhere.
December 27, 2022, 04:01:20 AM
December 27, 2022, 03:11:05 AM
December 27, 2022, 03:01:21 AM
December 27, 2022, 02:57:06 AM
Quote
Bitcoin Mining Companies Owe Over $4B, Core Scientific Owing the Most: Report
https://www.tronweekly.com/bitcoin-mining-companies-owe-over-4b/?fbclid=IwAR1sdazhEGmo08c8j_XnxVk_3UGVqPhvPI8TdrSZTuN-W-Ew4yaiclFVoOEBitcoin Mining hopefully spiked started next year last term, fully hipe on is 2024 BTC so some news is called on confused.
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