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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 5919. (Read 26714974 times)

legendary
Activity: 1464
Merit: 1136
^
Well done!
I always liked that .gif, thanks for the update.
edit: deleted post  Cry
machine gun bitcoin incoming!  Laser eyes?
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
Normally I would mention here that the price action of bitcoin is interesting in light of the fairly light volume.

But I think we are seeing something different this time (tm).

We have used the large retail exchanges as price oracles for the entire lifespan of Bitcoin, and still do.  But is this where the actual volume is happening now?

I would say not.

That divergence is very interesting to think about.  I have speculated in the past about scenarios based on this new paradigm, for example:  If I were a big money player I would be buying BTC over the counter, and dumping a little bit of it on the low volume exchanges to depress the retail price as I buy.  But who knows what is actually happening?

I wonder if the high price is causing unit bias to suppress Joe Sixpack from buying?

I can;t quite figure out what is happening exactly, but it is exciting me... that much I know.

I understand you, cAPSLOCK, to be saying that it seems different this time, and then you list some amorphous things that may or may not be happening to cause you to conclude that something may well be happening this particular time that is different.. but you  just cannot put your finger on it... ... which in essence seems to lend a decent amount of credibility to claims that this time is almost fucking the exact same (it just happens to be different), but we are so much on schedule and within the dominant BTC price prediction models (in my thinkenings) that the whole situation is almost like the wettest of wet dreams that anyone could actually be living through such a fantasy that is not actually a fantasy but "is happening" right in front of our very eyes, and "on schedule" at that. 

Who would-a thunk?  Truly, way too good to be true, so something must be up.

I am not sure what I am meaning to say is I expect the price action to be different, or not.  I don't know that I understand how to calculate that considering we are 1 or 2 orders of magnitude away price wise from the past cycles.  What is interesting to me is that the way things are proceeding has some major fundamental differences, and I can be specific.

1.  Institutional, and other big money is starting to bite... kinda hard.
2.  Most of the accumulation is happening away from retail exchanges.
3.  Institutional investors are by and large currently ONLY interested in BTC.
4.  The above investors seem to actually UNDERSTAND bitcoin.  This is also new.  They understand the decentralization part, the scaling issues etc.
5.  Retail exchange volume is still barely warm, in my opinion.

Because of the above the idea of a "super cycle" has more weight than I would have imagined was possible.  Though I still think it is likely a minority scenario, it has a REAL chance.

In some ways the super-cycle, if it were to happen (and to define it: it is big money (and small) frontrunning the rest of this cycle and lighting a rocket we have not yet seen) will in retrospect appear inevitable.

That is the "this time it might be different" I am talking about.   There are lots of models... Rainbows, S2F, that other S2F with real estate in it, etc...  What I am wondering is if maybe that latter S2F model ends up being more correct, or this time we break them all?

Will it?  I dunno.

Thanks for the further explanation.. and I think that part of the points that I was making earlier is 1) all the time when we are in the midst of anything related to bitcoin there is going to be a certain amount of uncertainties - even when we have a variety of models and theories to help us to attempt to appreciate our potential location a bit better and 2) Of course to a considerable extent the players and the whole hype has to be different (and greater) because it takes more capital to push the BTC price up when the unit value is $3k versus when the unit value is $57k  and perhaps 3) we cannot really be generalizing too much even though you are likely correct that some BIGGER players are likely engaging in a considerable amount of front running of retail - and that dynamic is not exactly too far outside of what of what could have been reasonably speculated to be a pretty decent expectation.. rich people are going to try to front run and even to set up disadvantages.. .

and bitcoin allows that kind of free range competition for coins or real estate on the blockchain or whatever... so even though it seems strange or even too good to be true, it is not really outside of expectations of what any of us longer term HODLers might have speculated about what could happen.. so yeah it is nice to see such things happening and us longer term HODLers and BTC advocates become kind of vindicated.. even though nothing is guaranteed.. the stars do surely all seem to be aligning in way better ways than our more mediocre expectations.. .... but even having had said all that.. fuck the super-cycle theory.. too pie in the sky to be realistic.. we are more likely to have outrageous exuberance to the upside and overshooting that is going to cause a correction that just is inevitable from the outrageous exuberance rather than going into a super-cycle (even though I agree that the super-cylce is a non-zero probability scenario.. just like going to zero is a non-zero probability.
copper member
Activity: 630
Merit: 2614
If you don’t do PGP, you don’t do crypto!
buy buy buy ath of 60k coming soon.

sell sell sell your dollars, atl of 1666 sats coming soon.
legendary
Activity: 4354
Merit: 9201
'The right to privacy matters'
buy buy buy ath of 60k coming soon.
copper member
Activity: 630
Merit: 2614
If you don’t do PGP, you don’t do crypto!
Panic!  pANIC!!  Dump, dUMP, DuPM your dollars.


I have always been a bear.  A Dollar Bear™, more than a Bitcoin bull.  I am extremely negative about the markets.

People will do things to avoid loss that they will not risk for gains.  It is important to see the rapidly shrinking number of sats that a dollar can buy.

Number go DOWN!

And we (TINW) need to stop thinking in terms of dollars.  We (editorial “we”) know that 1 BTC = 1 BTC; but what is a dollar worth?  A dollar must be valued in sats.  We (royal “we”) therefore decree by fiat that henceforth, we shall quote sats/USD as we observe dollar sell walls.



Currently observing 1766 sats/$.  When 1700?
legendary
Activity: 2674
Merit: 2373
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
Ended up deciding we're going to continue leasing the first parcel of land to cattle ranchers, and the third parcel we are buying will continue to lease out to cotton farmers after putting in access to our property.

Bitcoin theme park.
legendary
Activity: 3990
Merit: 4597
How many acres total now?

Getting up to near 140 acres now.


I read a whole Wikipedia page and all I learnt is that you own 124 football field.
Given the fact I have never saw a football field (as football is the wrong name for the wrong sport, over there), still, I don't know how much land you do own, but I guess it's a pretty big garden.

Well done!


Repeat after me : An acre is the area of a rectangle whose length is one furlong and whose width is one chain.

ha, ha, apparently 140 acres is 0.566 sq km for the metric-oriented..I was born into the metric system, water under the bridge.
I suppose doubt that it is much less 124 football fields, though.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
How many acres total now?

Getting up to near 140 acres now.


I read a whole Wikipedia page and all I learnt is that you own 124 football field.
Given the fact I have never saw a football field (as football is the wrong name for the wrong sport, over there), still, I don't know how much land you do own, but I guess it's a pretty big garden.

Well done!


Repeat after me : An acre is the area of a rectangle whose length is one furlong and whose width is one chain.
legendary
Activity: 3990
Merit: 4597
if someone (he) calls himself a bunny and shows a female face as their avatar, that's just not nice as far as gender identity signaling is concerned, but, whatever, Jayjuangee could be a female too, for all I know.
However, I found a reason for my thinking about bunnies and females (apart from that english link):
https://en.wikipedia.org/wiki/Playboy_Bunny

Playboy bunnies got stuck in my head...that's why. Those bunnies were not men for sure.
However, I would henceforth refer to @JJG as 'she' to balance the equation...The "lady" doth protest too much, methinks.

I will henceforth refer to Biodom as stalled.

 Tongue Tongue Tongue

girl, please arrive at a point that has any significance.

That one surely has significance.. cannot you even remember your own proclamations about bitcoin being stalled at the top of the price range.. and you cannot remember how ridiculous your own statement?

I am just sticking with your own unable to control ur lil selfie bearish proclamations and using them against you.

That is all.


Actually, now you seem to simply make things up.
The search with "stall" of my posts comes with nothing-all I can see is your two tongue twisting posts.
Gurl, YOU are the one who is bearish-always selling when btc goes up and accumulating useless fiat, while I mentioned that i would not sell bitcoin (probably ever).
Is that bearish for you? Opinions on movings up and down are just that, comments. I don't try to buy the dip because I am already constantly buying.
Report some nice land or another property purchases like others did-then, we would are talking some sense.
legendary
Activity: 2380
Merit: 17063
Fully fledged Merit Cycler - Golden Feather 22-23
How many acres total now?

Getting up to near 140 acres now.


I read a whole Wikipedia page and all I learnt is that you own 124 football field.
Given the fact I have never saw a football field (as football is the wrong name for the wrong sport, over there), still, I don't know how much land you do own, but I guess it's a pretty big garden.

Well done!
copper member
Activity: 630
Merit: 2614
If you don’t do PGP, you don’t do crypto!
Not to mention 2FA yubikey support, as well as PGP support for the emails.
Kraken is the only exchange I know for PGP. Gemini and Binance also have yubikey support, but the later restricts the browser.

Good to know.  No sane person wants for his e-mail provider to have access to sensitive financial information!

I know that some exchanges send such e-mails as, “You just withdrew 100 BTC to bc1qoooooooooooooooooooooooooooooooo9e75rs.”  That is not information that I would want a mailserver admin to be able to see.

Beware of such information leaks, lest you find yourself someday added to this list:

https://github.com/jlopp/physical-bitcoin-attacks
copper member
Activity: 630
Merit: 2614
If you don’t do PGP, you don’t do crypto!
2MB.  I don’t know whether that is 2000000 bytes, or 2097152 (221) bytes.

I try 1.6mb and it always works.

The official limit is 2MB.  Source:  Administrative statement in some Meta thread years ago (no link handy).
legendary
Activity: 4354
Merit: 9201
'The right to privacy matters'
As an aside, anyone know the file size limit for the bitcointalk image proxy? Trying to post something and it's just not coming through.

Not sure.

2MB.  I don’t know whether that is 2000000 bytes, or 2097152 (221) bytes.

I try 1.6mb and it always works.
copper member
Activity: 630
Merit: 2614
If you don’t do PGP, you don’t do crypto!
As an aside, anyone know the file size limit for the bitcointalk image proxy? Trying to post something and it's just not coming through.

Not sure.

2MB.  I don’t know whether that is 2000000 bytes, or 2097152 (221) bytes.
legendary
Activity: 4354
Merit: 9201
'The right to privacy matters'
OW COME ON!!! Edging $58k is killing me  Cry

 Edging enhances the feeling you get when it finally blows.
It's well worth the wait.

Edging is one of the best inventions of humanity. Until you have been edged properly you really have not experienced a true ATH.

I am asking for BTC to be edged and teased with great care for days maybe weeks on end.  The spike when it lets loose will be the longest green candle ever done or seen in the history of the human race. Grin

In the mean time I may leak a bit and sell 100 USD worth. Much like a tiny drop of well you know pre ATH

I'm just not a big fan of #nohomo tags, but you, like, could, you know, have used one here, man.

keep them guessing. Wink
copper member
Activity: 630
Merit: 2614
If you don’t do PGP, you don’t do crypto!
trabeck-null

What a pleasure is it when people fear saying your name?

Phrased as a question, because—whose name did you apparently misspell?
legendary
Activity: 4242
Merit: 5039
You're never too old to think young.
How many acres total now?

Getting up to near 140 acres now.

Already have our eyes on the next (fourth) parcel we are looking to absorb, but want to break ground first on what we have before going even crazier.

Ended up deciding we're going to continue leasing the first parcel of land to cattle ranchers, and the third parcel we are buying will continue to lease out to cotton farmers after putting in access to our property.

Want to play nice with the local folk there, and not upset their balance too much.

Cool. Bitcoin cotton plantation owners. Keep those tenant farmers working!

Also ranchers. I'm getting mental images halfway between "Bonanza" and "Gone With the Wind".
___

Seriously, it's nice to have your spread providing revenues in addition to your retirement pleasures... also the satisfaction of seeing your land producing food and clothing and contributing to the local economy.

As we like to say: Thank you Bitcoin.
copper member
Activity: 1316
Merit: 715
Eloncoin.org - Mars, here we come!
legendary
Activity: 3878
Merit: 1193
Good times like this I'm reminded of those that really put it all on the line. Like this guy who sold his house for bitcoin, 7 years ago.

https://bitcointalksearch.org/topic/im-all-in-sold-my-house-508254

legendary
Activity: 2520
Merit: 3038
OW COME ON!!! Edging $58k is killing me  Cry

 Edging enhances the feeling you get when it finally blows.
It's well worth the wait.

Edging is one of the best inventions of humanity. Until you have been edged properly you really have not experienced a true ATH.

I am asking for BTC to be edged and teased with great care for days maybe weeks on end.  The spike when it lets loose will be the longest green candle ever done or seen in the history of the human race. Grin

In the mean time I may leak a bit and sell 100 USD worth. Much like a tiny drop of well you know pre ATH

I'm just not a big fan of #nohomo tags, but you, like, could, you know, have used one here, man.
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