Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 5301. (Read 26710221 times)

Next Chartbuddy needs to be $36K

Explanation

Explanation

Explanation

https://twitter.com/LinaSeiche/status/1406484262442835970

Explanation

no, but Robin Gosens is a great player..and germans knew this already, apparently, but I didn't.
How does this relate to a prior conversation?
Ostensibly, from the German angle, I guess...
WO is what WO does.
nighty night

It is a pretty cool open source project without shitcoins and respecting privacy: https://mempool.space/

Explanation

Looked it up.
Have seen it countless of times but never new it's name, apparently it's "Tomtskräppa" in Swedish, weird name.
It sems to have a weird name in many languishes, in German it's "Stumpfblättriger Ampfer", I bet no Germans in here knew that.

Not sure about your country but in England they are a broad-leaved plant that grows near nettles that contain a chemical that soothes the pain and itching that nettles cause (the 'doc' is short for 'doctor', I believe). Hmm. Just looked and it's "dock" leaves and apparently they don't actually contain anything, it's just the rubbing action that helps. Well shit, there's another piece of my childhood gone

I guess you could make some nettle tea. Brings a new meaning to teabagging.

Edit: Apparently alkali substances can help with the nettle stings.

There will be no taping, pulling or rubbing of neither my Helmuth nor my glockenspiel, thank you.
But thanks for your input.  

Edit, What's doc leaves?

Explanation

Explanation

Its from mempool.space

the evening wall report


Charts again remain unchanged except for this continued sideways/downward crawl.
I dont have much confidence that there will be a quick turn around anytime in the immediate future.
Next week will mark a symmetrical five week correlation of the left and right shoulder to this observed H&S pattern on the weekly chart.
As is said..the proof is not in the pudding..its in the eating, so will just have to wait it out and see.
Defending the price at these levels is dicey and the risk/reward level low imho.
To sum it up...hodl as you can and sell as you need.


#dyor


4h



D



W

#stronghands

Even though proudhon may be a disingenuine dweeb, I would not consider Chartbuddy as a way to measure the last time that bitcoin prices were below $35k.

I can look at the bitcoinwisdom chart, and I can see that on June 18, the BTC price had gotten down to $34,718, so that seems to be pretty damned accurate that bitcoin prices had dipped below $35k - even if it may have only have been for a flash.  When I switch over to the 15 minute candles, I can see 7 candles, right around the same time as the deepest dip that the BTC price had dipped below $35k.. there are probably other better ways to measure, but chartbuddy does not seem to be good for attempting to figure out those kinds of ongoing spot changes in price.


Please restate or link bet for reference.

thank uuuuuu


I am thinking.. who fucking cares?

If some folks don't want to mine, then let them shut their machines off and go somewhere else.

There are plenty of miners and if some of them are manipulating or playing games or getting beaten up by the chinese government, who cares?

A lovely thing about bitcoin is both the difficulty adjustment every 2016 blocks and also the fact that the hash power could be dropped by 90% and still there is plenty of computing power there... Let's see how it plays out?  Do we have a mining death spiral?  I doubt it... Do we have an attack vector?  Sure some FUD spreading peeps want you to believe that.,. Lots of profits being left on the table by those who are shutting off their machines or unable to operate and those who are able to operate are likely either picking up the slack and making better profits and perhaps there are even some considering coming back on line with their older equipment and less efficient operations if the hashrate continues to drop.

I will speculate that more likely hashrate follows price rather than the other way around, but whatever, we will see.  Won't we.. The next two weeks are critical.^tm.. well one week for this difficulty adjustment and two weeks after that for the next one... so.. sure, let's adjust it to the next three weeks are critical.. ^tm

Explanation

https://twitter.com/SinoCrypto/status/1406290307608723456
Bitmain water cooling system

  Tape works to pull the nettles out but man... you'd have to be really careful  in the nether-regions.