Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 5925. (Read 26714890 times)

legendary
Activity: 1891
Merit: 3096
All good things to those who wait




Peter Schiff
@PeterSchiff

My son @SpencerKSchiff went all in on #Bitcoin on the last drop below $50k. 100% of his portfolio is now in Bitcoin. He sold the last of his #silver stocks to raise the cash. If my own son is this brainwashed imagine how vulnerable most kids are. He's HODLing to infinity or bust.

https://twitter.com/PeterSchiff/status/1369695876726276106


...

I can't remember why I put bitcoinbunny on my ignore list, but may be this double posting was one of the reasons.
legendary
Activity: 2282
Merit: 1767
Cлaвa Укpaїнi!
Oh great, Woke up to find that bitcoin went down again, there's a snow/slush storm outside slowly turning in to a rainstorm, 100% humidity, 100% cloudy, yeahh!!
legendary
Activity: 2282
Merit: 1767
Cлaвa Укpaїнi!
^ & ^^

Thanks. I used coinbase-pro for reference. Kraken should make more sense in that regard.

EDIT: Just registered me and wifey for SARS-CoV2 Antibody test (happening in about three weeks). Hopefully we can circumvent vaccination and restrictions this way.
Had a strange cough last year in february, lasted 3-4 weeks.


Don't you have those fast tests?
Over here there are pop in "test huts" outside shopping centers where you can just pop in and take a test, answer in 15 minutes.
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.
legendary
Activity: 2145
Merit: 1660
We choose to go to the moon
4 year shift

16x price shift





zooming in and zooming out...
legendary
Activity: 3122
Merit: 1538
yes
Schiff will be doing alright no matter what I think. He's probably made enough from management fees to insulate himself from a gold collapse.

He knows what game he’s playing  Cool
legendary
Activity: 2338
Merit: 2106




Sooner this whole graph will be blue and for the BitcoinBunny

Baby, I'm just gonna shake, shake, shake, shake, shake
I shake it off, I shake it off (Whoo-hoo-hoo)




nice chart, but important disclaimer when looking at dominance in marketcap:

market cap is a very easy to manipulate metric for the shitcoin masters. there are new shitcoins popping up every day, always diluting such charts. their market cap is mostly made up. the market cap for the bigger shitcoins is also heavily manipulated. the creators of those shitcoins have a strong incentive to get into the top ten. they apply all kinds of tricks to achieve that, for example wash trading.

if you just look at the actual value throughput bitcoin dominance is way over 90%

also, there are disputes over what shitcoins to even count. if only "money" coins are counted btc dominance is also over 90%

https://bitcoindominance.com/


when checking coinamarketcap btc dominance is only 61%. how on earth...?  coinmarketcap has been bought by the biggest shitcoin casino on the planet: binance.  would a shitcoin casino be incentivized to make shitcoins look more attempting?  Wink
legendary
Activity: 2660
Merit: 2868
Shitcoin Minimalist


So lose/lose.  He keeps doing that. Lose/lose!

If daddy is right, he gets to watch his son go down in flames. - LOSE
If daddy is wrong then the son will be super rich, but dads gold will likely go down. - LOSE

And if I were the son and my fortune eclipsed my old man after he said that??  He sure as hell should never expect any help from ME.

Just noticed this screenshot leaves out the part that goes:


Schiff will be doing alright no matter what I think. He's probably made enough from management fees to insulate himself from a gold collapse.
legendary
Activity: 2338
Merit: 2106
EDIT: Just registered me and wifey for SARS-CoV2 Antibody test (happening in about three weeks). Hopefully we can circumvent vaccination and restrictions this way.

Had a strange cough last year in february, lasted 3-4 weeks.

Thanks for this comment. Never thought of not needing to be vaccinated due to contracting COVID-19 in January. My work position is "sensitive" and there are strict policies regarding our health matters (can't disclose more, sorry). If having contracted COVID-19 makes vaccination pointless, then I won't do it (if I can avoid it). Will need to check it out.

i dont think an infection that occured 1 year ago can save you a proper vaccination. a more recent one could, though.
copper member
Activity: 1526
Merit: 2890

https://imgur.com/ojCZNTl

Bitcoin dominates the crypto world... and will always be!

And the haters gonna hate, hate, hate, hate, hate...

So above graph i posted 2 years ago and that time Bitcoin was dominating by 62%... and today its 71% and loads of shitcoins already disappeared from the list.



Sooner this whole graph will be blue and for the BitcoinBunny

Baby, I'm just gonna shake, shake, shake, shake, shake
I shake it off, I shake it off (Whoo-hoo-hoo)
legendary
Activity: 2184
Merit: 1540


So lose/lose.  He keeps doing that. Lose/lose!

If daddy is right, he gets to watch his son go down in flames. - LOSE
If daddy is wrong then the son will be super rich, but dads gold will likely go down. - LOSE

And if I were the son and my fortune eclipsed my old man after he said that??  He sure as hell should never expect any help from ME.

Just noticed this screenshot leaves out the part that goes:

legendary
Activity: 2242
Merit: 3523
Flippin' burgers since 1163.
Visualized: Bitcoins going from old hodlers to new hodlers via exchanges:


https://twitter.com/krakenfx/status/1369819247036280836

"The % of #BTC's supply on exchanges is now at a 37-month low of roughly ~13%!
... market participants continue to come to market, load up their bags & move their #Bitcoin into storage."
full member
Activity: 196
Merit: 101
Crypto is the next evolution of mankind
I thought it is gonna go up till 58 k again would be nice
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!


So lose/lose.  He keeps doing that. Lose/lose!

If daddy is right, he gets to watch his son go down in flames. - LOSE
If daddy is wrong then the son will be super rich, but dads gold will likely go down. - LOSE

And if I were the son and my fortune eclipsed my old man after he said that??  He sure as hell should never expect any help from ME.

Just noticed this screenshot leaves out the part that goes:
legendary
Activity: 1526
Merit: 2617
Far, Far, Far Right Thug
legendary
Activity: 1526
Merit: 2617
Far, Far, Far Right Thug
copper member
Activity: 1526
Merit: 2890
copper member
Activity: 1526
Merit: 2890
Bitstamp is offline (on my side at least)...

Mega-pump?

Edit: Came back again... Pump for ants. Still OK. Actually, the current price should make us all feel ecstatic, but we are far too desensitized to feel anything while we are under $100k. HoDLers...

I feel nothing below $100,000.
It’s like sticking my dick in Kim Kardashian - Like throwing a hotdog down a hallway......feel nothing!

Oh boy there’s too much information for me to imagine here I can’t focus... I can’t focus... Kim Kardashian, halway, hotdog, sticking stick and BTC cruising $100k

(insert a mind exploding meme here)
hero member
Activity: 1876
Merit: 612
Plant 1xTree for each Satoshi earned!
Bitstamp is offline (on my side at least)...

Mega-pump?

Edit: Came back again... Pump for ants. Still OK. Actually, the current price should make us all feel ecstatic, but we are far too desensitized to feel anything while we are under $100k. HoDLers...

I feel nothing below $100,000.
It’s like sticking my dick in Kim Kardashian - Like throwing a hotdog down a hallway......feel nothing!



That viper b!tch better stay away from my boy Kanye. She just had to make him a famous porn star.  Roll Eyes  Roll Eyes
legendary
Activity: 1526
Merit: 2617
Far, Far, Far Right Thug
Bitstamp is offline (on my side at least)...

Mega-pump?

Edit: Came back again... Pump for ants. Still OK. Actually, the current price should make us all feel ecstatic, but we are far too desensitized to feel anything while we are under $100k. HoDLers...

I feel nothing below $100,000.
It’s like sticking my dick in Kim Kardashian - Like throwing a hotdog down a hallway......feel nothing!

Jump to: