Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 5738.

shahzadafzal

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Quote from: Richy_T on March 30, 2021, 09:43:36 PM

Uh, what timezone are you in?

+4 UTC/GMT....

time zones are always confusing.... how bitcoin will solve this? Let say if someone from other side of the world let say USA is suppose to pay me 1 BTC on 31st March at 9AM in morning... so that means I won’t get anything until 9PM in the evening at least?? and who knows that time 1 BTC will be where. (Yes yes I agree 1BTC = 1BTC) but the problem is still there, I needed that 1BTC in morning 9AM? So how?

Searing

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Clueless!

Quote from: UnDerDoG81 on March 30, 2021, 05:08:09 PM

The Pi Cycle Top Indicator makes me worry too much. We are crossing it any day now. And it precisely predicted all market tops so far.

Whats your thoughts? This time is different? One possibility is we will have a double top like in 2013. Thats what I am expecting. A bullrun in April, Crash and sideways through summer. Parabolic end of the year.

https://www.lookintobitcoin.com/charts/pi-cycle-top-indicator/

All this short term price does not matter...IF you are HODL'ing till AT LEAST after the next 'halving' IMHO.....it is 'virtual real estate' where the price is determined by the scarcity

and like land the value comes from what is built upon it to determine price. So remember we are FARMING...when the price goes up for the land you don't rush out and sell

the frigging farm. You ride the dips. Buy more land, and thus become an even more successful farmer!

(sorry, had a few...seems logical at this moment)

Brad

Richy_T

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Quote from: shahzadafzal on March 30, 2021, 09:08:38 PM

Christopher Nolan's name is enough to convince me... I’m also waiting for it... I heard it will be available on Amazon Prime on 31st March. However it’s 31st March today but still can’t find it yet... let’s wait until tomorrow

https://www.firstpost.com/entertainment/christopher-nolans-tenet-to-release-on-amazon-prime-video-on-31-march-9481061.html

Uh, what timezone are you in?

shahzadafzal

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Quote from: Biodom on March 30, 2021, 05:21:15 PM

Is it ("Tenet") available on some streamer? Thanks.

Christopher Nolan's name is enough to convince me... I’m also waiting for it... I heard it will be available on Amazon Prime on 31st March. However it’s 31st March today but still can’t find it yet... let’s wait until tomorrow

https://www.firstpost.com/entertainment/christopher-nolans-tenet-to-release-on-amazon-prime-video-on-31-march-9481061.html

Richy_T

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Tenet was interesting but I don't think it quite pulled it off. Something of an impossible task in the first place though.

nanobtc

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I watched Tenet a second time as well, it helped.

Richy_T

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Quote from: wxa7115 on March 30, 2021, 02:13:31 PM

I find it funny that Tether claims that their coins have always been fully backed and they use this report to make their claims more legitimate, when the report itself states that while they find that Tether is fully backed they can only make that assertion for the date in which the report was made and not before or after.

Gotta say, if they are running a scam (and I definitely think it's likely), you gotta wonder where they think they're going to hide when it's time to make their exit.

UnDerDoG81

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Quote from: Biodom on March 30, 2021, 05:17:31 PM

Quote from: UnDerDoG81 on March 30, 2021, 05:08:09 PM

The Pi Cycle Top Indicator makes me worry too much. We are crossing it any day now. And it precisely predicted all market tops so far.

Whats your thoughts? This time is different? One possibility is we will have a double top like in 2013. Thats what I am expecting. A bullrun in April, Crash and sideways through summer. Parabolic end of the year.

https://www.lookintobitcoin.com/charts/pi-cycle-top-indicator/

Possible, but at some point all those numerical indicators would stop working as almost any other numerical indicators (NUPL, etc.).
The scenario of a local high in April, then down, then flat, then up in the Fall on the other hand is quite possible.
I have difficulty seeing us topping when we are going up a few % a day; it becomes much more possible, and even likely of we pop to 80-90K in a short time frame (like a week).
One possibility is clear: WS will push btc up when Coinbase listing date would be announced, then the day before, they would likely sell some btc and buy COIN the following day.
Some volatility is to expected there.

Yes NUPL is another indicator I am watching closely. And it did not come down as much as it should have been after the 60k correction. I agree, we could see a crazy run up to 80-90k in April and then correct and sideways through summer.

Stock to flow was showing $100k about a month ago. Now its down to $85k. https://www.lookintobitcoin.com/charts/stock-to-flow-model/

200 week moving average is also showing the red dots are near https://www.lookintobitcoin.com/charts/200-week-moving-average-heatmap/

Lets see. This time I will take some profit to hopefully buy back after a big correction. The shock crash from 2017/18 still sits deep, where everybody was saying this time its different. And if it will not correct below I sold, I took some profits after 8 years of hodl. Thats also nice. Diversify a little since I am still 98% into BTC and 2% into alts.

AlcoHoDL

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Addicted to HoDLing!

Quote from: Biodom on March 30, 2021, 05:21:15 PM

Is it ("Tenet") available on some streamer? Thanks.

I don't know, sorry. I downloaded it via Torrent (1080p, 5.1 surround sound) and played it via Plex on my Home Cinema. For those planning to watch it, do it on a good system (large screen, good sound, lights out). You may also like to enable subtitles, as things happen fast.

Biodom

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Is it ("Tenet") available on some streamer? Thanks.

OutOfMemory

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Man who stares at charts (and stars, too...)

Quote from: UnDerDoG81 on March 30, 2021, 05:08:09 PM

The Pi Cycle Top Indicator makes me worry too much. We are crossing it any day now. And it precisely predicted all market tops so far.

Whats your thoughts? This time is different? One possibility is we will have a double top like in 2013. Thats what I am expecting. A bullrun in April, Crash and sideways through summer. Parabolic end of the year.

https://www.lookintobitcoin.com/charts/pi-cycle-top-indicator/

The latest two blips on the price graph in the pi top chart don't look too bearish to me, especially when compared to the twin-blips of the earlier tops. As long as the next blip is higher than the blip before, i'd call this an uptrend. Every blowoff drop was bought a last time, but this didn't even compensate the decrease in price right after the cycle top.

Quote from: AlcoHoDL on March 30, 2021, 05:18:03 PM

Yet another off-topic movie recommendation:

Tenet (2020) [Action, Sci-Fi, Thriller]

I enjoyed this one too, i have watched it two times.

AlcoHoDL

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Addicted to HoDLing!

Yet another off-topic movie recommendation:

Tenet (2020) [Action, Sci-Fi, Thriller]

Be prepared for a unique, mind-bending, powerfully entertaining experience. Must be watched a second time to fully appreciate the finer details and non-linearity of the plot.

A good watch, esp. for Christopher Nolan fans!

My phone kept bleeping throughout the movie, because of Bitcoin's multiple 50k € crossings. I was expecting the price to be just a little higher than it is now, perhaps a Euro-ATH, but hey, who am I to know?

Let's not be too greedy now. $60k by the coming weekend, $65k next week. Then an ETF will be approved, or some other big player will get in Tesla-style, and bang! $80k and we'll be posting "Come on, Bitcoin, do something!" memes.

Life's great. Thank you, Bitcoin.

Biodom

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Quote from: UnDerDoG81 on March 30, 2021, 05:08:09 PM

The Pi Cycle Top Indicator makes me worry too much. We are crossing it any day now. And it precisely predicted all market tops so far.

Whats your thoughts? This time is different? One possibility is we will have a double top like in 2013. Thats what I am expecting. A bullrun in April, Crash and sideways through summer. Parabolic end of the year.

https://www.lookintobitcoin.com/charts/pi-cycle-top-indicator/

Possible, but at some point all those numerical indicators would stop working as almost any other numerical indicators (NUPL, etc.).
The scenario of a local high in April, then down, then flat, then up in the Fall on the other hand is quite possible.
I have difficulty seeing us topping when we are going up a few % a day; it becomes much more possible, and even likely if we pop to 80-90K in a short time frame (like a week).
One possibility is clear: WS will push btc up when Coinbase listing date would be announced, then the day before, they would likely sell some btc and buy COIN the following day.
Some volatility is to expected there.

Hhampuz

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Meh.

I don't even think we are in a bull run, this is just the basement level of people/businesses waking up and somewhat understanding.. A pump - sure, a bull run? Call me when the masses are getting in and not just a handful of companies are securing their positions.

This time is surely different than any other time (but then again, is it?) - Only way is up, crash doesn't have to happen.

UnDerDoG81

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The Pi Cycle Top Indicator makes me worry too much. We are crossing it any day now. And it precisely predicted all market tops so far.

Whats your thoughts? This time is different? One possibility is we will have a double top like in 2013. Thats what I am expecting. A bullrun in April, Crash and sideways through summer. Parabolic end of the year.

https://www.lookintobitcoin.com/charts/pi-cycle-top-indicator/

LFC_Bitcoin

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#1 VIP Crypto Casino

@ITutmez
Since the end of June 2020, Bitcoin has had only three back-to-back down weeks.

The first (in Sept.) was followed by seven consecutive up weeks.

The second (Jan.) was followed by four consecutive up weeks.

What will follow the most recent back-to-back down weeks in March? 🚀
https://twitter.com/itutmez/status/1377006262655811586?s=21

wxa7115

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Bitcoin is GOD

Quote from: bitebits on March 30, 2021, 12:22:05 PM

https://tether.to/assurance-opinion-mar-21/

Quote

Tether has always been fully backed, and the assurance opinion we made available today confirms it once again.

You can read the assurance opinion and the Consolidated Reserves Report here:
https://tether.to/wp-content/uploads/2021/03/tether-assurance-feb-2021.pdf

I find it funny that Tether claims that their coins have always been fully backed and they use this report to make their claims more legitimate, when the report itself states that while they find that Tether is fully backed they can only make that assertion for the date in which the report was made and not before or after.

Quote from: tether-assurance-feb-2021, Page 2, First Paragraph

Our opinion is limited solely to the CRR and the corresponding consolidated total assets and consolidated total liabilities as of 28 February 2021, at 11:59 PM UTC. Activity prior to and after this time and date was not considered when testing the balances and information described above. In addition, we have not performed any procedures or provided any level of assurance on the financial or non-financial activity on dates or times other than that noted within this report.

https://tether.to/wp-content/uploads/2021/03/tether-assurance-feb-2021.pdf

rdbase

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