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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 5739. (Read 26629466 times)

legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

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?
copper member
Activity: 1526
Merit: 2890
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
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
Tenet was interesting but I don't think it quite pulled it off. Something of an impossible task in the first place though.
hero member
Activity: 605
Merit: 634
I watched Tenet a second time as well, it helped.
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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.
legendary
Activity: 2186
Merit: 1213
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.
legendary
Activity: 2590
Merit: 4839
Addicted to HoDLing!
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.
legendary
Activity: 3892
Merit: 4331
Is it ("Tenet") available on some streamer? Thanks.
legendary
Activity: 1708
Merit: 3439
Man who stares at charts (and stars, too...)
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.

Yet another off-topic movie recommendation:

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

I enjoyed this one too, i have watched it two times.
legendary
Activity: 2590
Merit: 4839
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.
legendary
Activity: 3892
Merit: 4331
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.
legendary
Activity: 3038
Merit: 6194
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.
legendary
Activity: 2186
Merit: 1213
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/
legendary
Activity: 3556
Merit: 9709
#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
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
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
legendary
Activity: 2828
Merit: 1497
Join the world-leading crypto sportsbook NOW!


Even worse:
"If you had bought just $3 of bitcoin a day instead of coffee for the last six years, you would now have $350,000." Embarrassed
https://twitter.com/DocumentingBTC/status/1376960362378059780
legendary
Activity: 2310
Merit: 1422
legendary
Activity: 2716
Merit: 13505
BTC + Crossfit, living life.
legendary
Activity: 2828
Merit: 1497
Join the world-leading crypto sportsbook NOW!
Less than 1% to a € ATH. When Paypal will offer BTC purchases in the rest of the world? That will be big! Get your popcorn ready, people! The lift-off has just started. Next target 75K, 120K!!!  Wink
There's enough corn there to choke a horse.  Jealous!
Moar corn please!!!
Already posted?
https://www.pcmag.com/news/paypal-now-lets-you-use-bitcoin-to-buy-products-from-millions-of-businesses
Quote
Starting today, the “Checkout with Crypto” feature will be gradually rolling out for customers in the US. For the first time, PayPal will accept Bitcoin, Litecoin, Ethereum, or Bitcoin Cash as a payment option for millions of businesses across the globe.
*EDIT* Lol... yes i see I am late.. but I do not care... I am posting it again.  This is HUGE.
I will add a little color to make up for my transgression.
I believe paypal will be using this as a strategic way to allow themselves to begin passively taking a position.  I doubt they will:

     -take bitcoin
     -pay USD to vendor
     -convert to USD for themselves

...with ALL of the BTC they take.  Instead they will leave at least SOME of it as BTC in reserve.

Too bad I think BCH is going to be continuing to limp along because of this... Sad
You got to take me off your ignore list Cheesy as I had already shown the "Am I too late to the party?" post I found before posting about it myself when I found out about it too.
We getting old bud. Wink

But to answer those questions of yours to this post.
Paypal has already answered them in their official press release for it on their website:
https://newsroom.paypal-corp.com/2021-03-30-PayPal-Launches-Checkout-with-Crypto?sf141107167=1

Sidenote:

https://twitter.com/DocumentingBTC/status/1376938941761388545

Well duhhhh! Roll Eyes
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
i  guess a better way to articulate my original point is... Bitcoin has matured past the point when these options were introduced.  So it's already really fundamentally "priced in", even with the ability for investors to buy these futures for ~$6k again.  THEY are having to adjust because of *OUR* chipstack growing. Wink

Its true that they were only able to cool the market down and skim off a large cap at the time but they can never stop the Train. Cheesy

They are just doing everything they can to slow it down,

Derivatives ontop of derivatives is a prime example of the institutional fuckery.
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