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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 4481. (Read 26709803 times)

legendary
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@cryptocompass7
#Bitcoin  Barometer 13 Nov:
- Undervalued per S2F
- Funding rates neutral (0.01%)
- Supply crisis ensues
- Neutral social volume and sentiment
- MVRV in historical safe zone
- Peak accumulation behavior observed

#BTC  looks primed for its next rally.

RT if you agree! #gm
https://twitter.com/cryptocompass7/status/1459350821896736768?s=21

buy 3 sided die
legendary
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legendary
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Man who stares at charts (and stars, too...)


Note to self: Buy wonderbra for wife and stitch bitcoin symbols on the nipple-spots.


What is it with Fridays and dips?
It used to be the last Friday of the month, now it's every bleedin Friday.

If you survived 2013 with most of your stash (did you?), you will have the patience to sit this out. Turbulences ahead doesn't make a pilot return to the airport.
In 90's hipster slang: Go with the flow  Grin

Yes I survived 2013 with all my stash, that's actually when I got almost all of my stash.
But that doesn't make this bobbing up and down i the 60xxx range any less annoying.
I would be much happier if we bobbed around in the 80xxx range.

Congrats Smiley
Don't worry, i think we will bobble around somewhere between the even 10k levels regularly.
Next week probably $7x.xxx bobbling, followed by $8x.xxx
I got used to check the price often, but i am not bothered by movements (or non-movements) much before mid of December.

This time it's different (as with every cycle).
Also, if China resumes their vacation from the markets, things should go up very quickly.

legendary
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tick - tick - tick - tick ... boom Grin Cool
legendary
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legendary
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This dips same is happening that weak hands are selling to strong hands and then they have diamond hands but the panic sellers and shitcoin holders don't think about it at all and later on regret seeing btc prices pumping hard.We have reached above $60k and every target is a achievable.It has gained 68,200% from the start in just 13 years and do you think it will be hard to reach $100k? We don't know when it will hit it but we gained $10k in just few days so if you know btc don't doubt Plan B analysis:



Chart buddy is healing and take a nap to relax and now see how much ignition this bull run would provide him so he publish green candles and make us happy and shitcoin holders feel the pain.
 
legendary
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legendary
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sr. member
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What is it with Fridays and dips?
It used to be the last Friday of the month, now it's every bleedin Friday.

That upgrade to fikka in a hipster joint has got to you.
No more cheap delicacies for you at the discount store.

What is going on in Sweden with the director of finance supervisory authority and the lapdog in environment protection agency trying to get the EU to ban bitcoin. Because energy use might see Sweden fail to meet its climate nonsense target.

Seems more to be that Swedes are keeping cash in their microwaves rather than in the bank at negative interest rates that is worrying the financial guy Erik Thedéen.

So in future we might be saying Sweden bans Bitcoin again! All panic.



The protectors of the fiat system has published an opinion piece where they urge the government to ban or regulate mining in Sweden and, if possible, also in the EU.
Pointing to the shortage of energy and the environmental factor as a cause for their concern.
Most likely nothing will come of this, there is an election coming up and I believe this to be a kind of "finger in the wind" to see if it's something they (the social democrats and the greens) can use to get votes in the upcoming election.
They didn't mention anything about the gigantic server halls that facebook et al. have in the north though. I suppose they run on unicorn farts and are really really necessary for humanity.

Keep in mind, it's not a proposed bill, it's just an opinion piece by two director generals published in one of the major (left leaning) news papers (Dagens Nyheter).

Thanks Arrie for your input on this, from a Swedish point of view.
The fact your country has an election coming up next year puts this news in perspective.
Meanwhile you can look forward to that bit of luxury coming up so you can have your fikka in classy cafes.
Although like you I'm a sucker for a cheap hotdog and coffee for a snack when I'm out shopping for supplies.
hero member
Activity: 786
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Feels like we’re back in consolidation mode after clearing some leverage out of the system. Im hoping for some sideways trading throughout the weekend and the start of another leg up next week. The big concern at the moment is the action on Tether and what that could mean. USDT was blamed for the rejection of the spot ETF and has had trading halted on Coinbase. Could have a market effect.

The old Tether chestnut. I feel for them, always having to drag up that topic to manipulate the price. Thing is they can't really do anything about it, because if they do they will no longer have it as an attack vector. They lost China bans Bitcoin, I'm sure they do not want to lose Tether. If they lose that all they'll have left is Bitcoin is destroying the planet.

I am sure that the powers that be will dream up some other attack vector on Bitcoin should they lose the Tether FUD angle.
After all, it is human nature to be fearful and takes years of experience before being able to see it for what it is, an emotion. An emotion that with a little time and experience one realizes does not have a hold on you unless you let it have one.

So as long as young noobs keep joining the Bitcoin movement then there will always be an attack vector. Only when Bitcoin has become so widely adopted to be at around 90% saturation, will those attack vectors no longer be relevant.

In the meantime, those of us who have been in the game long enough to know that Bitcoin is the ultimate NGU coin can use the opportunity to continue to scoop up cheaps coins everytime the noobs give in to their fear.

I am supremely confident that this train cant be stopped now.
legendary
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legendary
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legendary
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Never selling
Feels like we’re back in consolidation mode after clearing some leverage out of the system. Im hoping for some sideways trading throughout the weekend and the start of another leg up next week. The big concern at the moment is the action on Tether and what that could mean. USDT was blamed for the rejection of the spot ETF and has had trading halted on Coinbase. Could have a market effect.

The old Tether chestnut. I feel for them, always having to drag up that topic to manipulate the price. Thing is they can't really do anything about it, because if they do they will no longer have it as an attack vector. They lost China bans Bitcoin, I'm sure they do not want to lose Tether. If they lose that all they'll have left is Bitcoin is destroying the planet.
legendary
Activity: 2282
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Cлaвa Укpaїнi!
Just one thing in my mind...

Nobody talked/talk here about the release of 140K BTC from Mtgox (should be very soon) ?

I assume it doesn't change the long term view on BTC... But into this bull market cycle (still quite calm and not so explosive as many expected/expect till now) , I am curious to see how the market can react at least on a short time view. Some drop again? 52K? 42K?

On the other hand, we have all the positive fondamental from the BTC side : ETF, GAFA owning BTC (corporate or individuals), legal tenders started in Central-South America... And if we are honest, on 2015 or 2017 we even didn't think about these points. So should be VERY bullish now IMHO.

HODL.




140K coins is not even half of the supply of a year of the current halvening cycle.
About as many coins as are "supplied" by mining are leaving exchanges, sometomes even more, according to on-chain analysis, IIRC.
I put "supplied" under quotes, because miners are also accumulating for future sales, so these coins might get on the market in the future, or not.
Also, i consider the typical MtGox customer as a hodler, so i doubt that every single released coin will be dumped for filthy fiat.

Even if my opinion might have flaws:
We'll see. For me it will be an opportunity to throw spare fiat at low bitcoin prices.

What is it with Fridays and dips?
It used to be the last Friday of the month, now it's every bleedin Friday.

If you survived 2013 with most of your stash (did you?), you will have the patience to sit this out. Turbulences ahead doesn't make a pilot return to the airport.
In 90's hipster slang: Go with the flow  Grin

Yes I survived 2013 with all my stash, that's actually when I got almost all of my stash.
But that doesn't make this bobbing up and down i the 60xxx range any less annoying.
I would be much happier if we bobbed around in the 80xxx range.
legendary
Activity: 2282
Merit: 1767
Cлaвa Укpaїнi!
What is it with Fridays and dips?
It used to be the last Friday of the month, now it's every bleedin Friday.

That upgrade to fikka in a hipster joint has got to you.
No more cheap delicacies for you at the discount store.

What is going on in Sweden with the director of finance supervisory authority and the lapdog in environment protection agency trying to get the EU to ban bitcoin. Because energy use might see Sweden fail to meet its climate nonsense target.

Seems more to be that Swedes are keeping cash in their microwaves rather than in the bank at negative interest rates that is worrying the financial guy Erik Thedéen.

So in future we might be saying Sweden bans Bitcoin again! All panic.



The protectors of the fiat system has published an opinion piece where they urge the government to ban or regulate mining in Sweden and, if possible, also in the EU.
Pointing to the shortage of energy and the environmental factor as a cause for their concern.
Most likely nothing will come of this, there is an election coming up and I believe this to be a kind of "finger in the wind" to see if it's something they (the social democrats and the greens) can use to get votes in the upcoming election.
They didn't mention anything about the gigantic server halls that facebook et al. have in the north though. I suppose they run on unicorn farts and are really really necessary for humanity.

Keep in mind, it's not a proposed bill, it's just an opinion piece by two director generals published in one of the major (left leaning) news papers (Dagens Nyheter).
donator
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Feels like we’re back in consolidation mode after clearing some leverage out of the system. Im hoping for some sideways trading throughout the weekend and the start of another leg up next week. The big concern at the moment is the action on Tether and what that could mean. USDT was blamed for the rejection of the spot ETF and has had trading halted on Coinbase. Could have a market effect.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
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legendary
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