Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 6050. (Read 26712959 times)

legendary
Activity: 2688
Merit: 2470
$120000 in 2024 Confirmed
This run feels different .this run is fucking serious

Lot of big corps getting in..
Crazy indeed..

I expected 300k not even considering the Corp interest..
700k???

Its not if but when

Obviously feeling very optimistic today for some reason
legendary
Activity: 2296
Merit: 2262
BTC or BUST
This run feels different .this run is fucking serious

Lot of big corps getting in..
Crazy indeed..

I expected 300k not even considering the Corp interest..
700k???
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo


56k and rocking it!
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
At $57,600 the price will have doubled in less than a month.

Going from past experience this usually leads to doubling again in about half that time, and then another.

My theory is that the doublings decrease each time.

There's probably TA based around that but I just go by that.

... it's not a theory or TA, you're simply describing an exponential (power law) curve.
legendary
Activity: 1526
Merit: 2617
Far, Far, Far Right Thug
Pumpin' for 57 it seems.

8.5% increase in entire crypto market since yesterday.  Shocked

1 trillion in BTC is nothing yet.
legendary
Activity: 2520
Merit: 3038
hero member
Activity: 758
Merit: 1844
This run feels different .this run is fucking serious

This cycle will be the greatest transfer of Lambos ever!
legendary
Activity: 2688
Merit: 2470
$120000 in 2024 Confirmed
This run feels different .this run is fucking serious
legendary
Activity: 2520
Merit: 3038
Observing 55555.

Very close to next milestone: Gold parity at 57k.

Doesn't seem that long ago when it was hitting parity with 1 oz of gold....it wasn't that long ago now I think of it...

And 1 gram before that. I remember that, too. 2013 or 2014 IIRC.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
At $57,600 the price will have doubled in less than a month.

Going from past experience this usually leads to doubling again in about half that time, and then another.

My theory is that the doublings decrease each time.

There's probably TA based around that but I just go by that.

Yeah, that's a classic tea cup and saucepan forming within a 4 year moving fibonacci spiral wave. Coupled with a spasmodic rising wank splat. It's really bullish.

Ya, I knew that's what it was called...just wanted to see if anyone else knew it too.
legendary
Activity: 875
Merit: 1362
At $57,600 the price will have doubled in less than a month.

Going from past experience this usually leads to doubling again in about half that time, and then another.

My theory is that the doublings decrease each time.

There's probably TA based around that but I just go by that.

Yeah, that's a classic tea cup and saucepan forming within a 4 year moving fibonacci spiral wave. Coupled with a spasmodic rising wank splat. It's really bullish.
legendary
Activity: 2520
Merit: 3038
Arthur Hayes might be a crook, but he does write informative pieces.
Moving from GME and Robinhood to BTC (and Bitmex), Why and how? Part 1.

https://blog.bitmex.com/walkaway/?utm_source=cryptotraderdigest&utm_medium=email&utm_content=CTD

The interesting bits are in his account of what happened with WSB and Robinhood. He says he jumped on the GME wagon himself, though it might just be to get some sympathy. The self-promoting stuff is actually kept to a minimum.

>>>>Arthur Hayes might be a crook<<<<<<

I still sent you an smerit d_eddie but I remain a bit bothered by your description of Hayes - even though such description is not technically inaccurate, it just seems to be playing too much into mainstream (and of course powers that be government) vilification of him. Maybe "fugitive from the law" would be less harsh, but whatever... just thought that it is worth a comment - and sure, I might change my mind later, but I tentatively consider the USA case against Bitmex, Hayes and some of the others to be strong-arm bullying tactics, even if the USA govt might be justified in many of their concerns, perhaps?  perhaps?

My assertion that he might be a crook is not based on any factual evidence: just a few grumbling users suggesting their huge trades had been front-run, or that their liquidation (on a derivative position) was unjustified given the comparatively smaller swings in the underlying (corn). They thought and suggested that the order book was being "rocked" by some whale, in cahoots with Bitmex management etc. I have no idea how truthful or reliable those allegations are. My personal experience with Bitmex has always been a good one. I even got a "reverse margin call" once, with one of the staff taking me to Skype to advise I could take a little profit out (which I did). I just felt like a disclaimer was necessary.

In the USA vs. Hayes thing, I'm all with Hayes without a doubt. I agree it's plain bullying. The homepage explicitly said "If you are a USA citizen you can't register". Should they enforce it at a cost? They are not breaking any local laws in the country where they're registered.

This, however, has little or no bearing with the quality of that blog, always rich with technical insight, usable advice, and behind-the-scenes views of all the crypto/fintech world, with a strong (almost exclusive) emphasis on bitcoin. It is one of the few no-bullshit outlets of information about bitcoin and bitcoin trading. Apart from this month's piece about WSB etc., it is recommended reading in general.
legendary
Activity: 2744
Merit: 13647
BTC + Crossfit, living life.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
At $57,600 the price will have doubled in less than a month.

Going from past experience this usually leads to doubling again in about half that time, and then another.

My theory is that the doublings decrease each time.

There's probably TA based around that but I just go by that.
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
Sitting at the bank today today I was pretty much cheering on their incompetence. Oh...problem with your system? Of course. Need to get the manager? Typical. Oh look...a form for your read only database. Lovely.

Thank you banks for making me rich. Never change.

Last time I was in a bank I had to deposit some foreign fiat. A messy handwritten note on the door saying they were closed for no valid reason.
Came back the following week to be greeted by a series of machines.
Why is a bank closed ever in that case?
And that was a top 20 bank.

I was in Scotland and was greeted with sign that said “Our ATM closes at 4pm on Friday and reopens at 9am Monday”.  And this was a major town.  Hilarious stuff.  
legendary
Activity: 1235
Merit: 1202
Yet another ATH, not sure I'll ever tire of this
legendary
Activity: 3794
Merit: 5474
OT: Uh oh, not good news for ETH miners...

Nvidia Redesigns Graphics Cards to Limit Their Use in Ethereum Mining
https://finance.yahoo.com/news/nvidia-redesigns-graphics-cards-limit-153008702.html

...but some potentially great news:

Quote
The technology giant still plans to serve Ethereum miners, though. With the new Cryptocurrency Mining Processor (CMP), Nvidia is offering a professional mining-specific product that doesn’t “do graphics,” per the post, a move it first announced last month.

I'm sure those will cost an arm-and-a-leg though, and be scarcer than the 3080s.
copper member
Activity: 2898
Merit: 1465
Clueless!
Today's Date: 2/19/2021

From the current price from Coinmarketcap.com

www.coinmarketcap.com

ATH Today as of this post!

Current Price: $56,040.79 USD.

Total BTC Needed: 17.84 BTC! For 1,000,000.00 USD!

A running thread on this is located:

https://bitcointalksearch.org/topic/--5291490

So the acceleration continues!

Brad
legendary
Activity: 1526
Merit: 2617
Far, Far, Far Right Thug
Sitting at the bank today today I was pretty much cheering on their incompetence. Oh...problem with your system? Of course. Need to get the manager? Typical. Oh look...a form for your read only database. Lovely.

Thank you banks for making me rich. Never change.

Last time I was in a bank I had to deposit some foreign fiat. A messy handwritten note on the door saying they were closed for no valid reason.
Came back the following week to be greeted by a series of machines.
Why is a bank closed ever in that case?
And that was a top 20 bank.
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