Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 6673. (Read 26718208 times)

legendary
Activity: 2002
Merit: 4743
Hello WO Gang.

Just to let you know that I interviewed a lot of fellow forum members.

You can read my interviews here:
[Interviews] with Bitcointalk members

In addition to that I opened a competition to vote for the best interview here:

[Vote 2020] Best Bitcointalk Interview

Prizes for the best interview and for voters too!

You are welcome to join for an interview or voting the best one!
sr. member
Activity: 505
Merit: 270
Don't Trust, Verify
Quote
Circle Pay CEO Calls Bitcoin- “An Infrastructure Change As Big As Commercial Internet”
Bitcoin’s current bullish run carried by institutional players has initiated a debate around digital currencies which could define the next era of financial technology. Traditional financial giants, hedge funds, and fund managers around the globe are actively promoting bitcoin as an inflation hedge proving superior to the traditional hedging asset gold.
https://coingape.com/circle-pay-ceo-bitcoin-big-as-commercial-internet/
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"


A problem with this idea, is that many of us have pretty damned decent ideas that bitcoin is currently NOT stable, but instead "coiling."  So there is that angle to consider.

But even though it is coiled who is to say it is not a sidewinder they coil and go sideways.

Bitcoin doesn't do lil tinglies like dat.

We are bouncing in the top of the range, Phillip...  If you look at the weighted BTC averages.. we are at the very top of the range... it's not a usual place to be just hanging out in this here top of dee range parts.  

So essentially, either we be going UPpity or we be going DOWNity....

This "coiling" that we be experiencing, presently, is ONLY a temporary (perhaps mirage?) status that seems to be taking a long time while we are going through it, but in history, it will be looking like a blip on the radar screen, and like several of us have mentioned earlier, when we be in a king daddy price zone like dis, the odds for UPpity are greater than the odds for DOWNity - even if we might experience some short-lived DOWNity fakeouts in the process.

In udder wurds... deez be dee dead man's zones.   Tongue Tongue Tongue  Don't be fucking around with betting on either sideways or downity.  You'll thank me later.   Wink Wink

BTW. if we go side ways for 60 days we will bart then moonshot like we did on the last 60 bart.

Not going to happen.  Roll Eyes

I would take a 60 day sideways movement all the way to the bank.

King daddy (aka honeybadger) no care bout dee preferences of ur lil selfie... regarding what you "would take."   Tongue
legendary
Activity: 4354
Merit: 9201
'The right to privacy matters'
Yeah, you can only carry so many clips with you, you really want to make sure you have ammo when you really need it.

Typical load out for M4 or M16 (or AR-15 equivalent) is like 4 mags on your chest, right? That's what I usually see anyway. My own military has no standards, we get what we get, but since I'm an officer I stick to my 1911 as my sidearm. Eventually I'll switch to 9mm. Maybe a "standard" Glock 17.

I'm getting partial to shotguns since most countries don't seem to have too many restrictions on them, particularly if you got a simple manual pump shotgun. A little practice and you can fire that thing in quick bursts, then if you really need continuous cover you can stuff a shell every few seconds.


 I have a state trooper friend I know him for 58 years met him at 5 years old in kindergarten .  He owns a machine gun shotgun. Note he is not a NJ to NY state trooper.

He lives in a state that allows this gun. It is a pretty amazing gun.

direct link to the image I posted

https://www.ammoland.com/wp-content/uploads/2017/11/fostech-drum-600x406.jpg




LOL>  I figure firing that with anything bigger than 7.5 would tear my shoulder off.  I bet it gets hot as hell.

The guy was a jock high school football, college football. His brother play some pro ball 🏈 for two years.

I have watched him shoot it. I would not even think about shooting it. Too much gun for me.

Personally I want two of these shotgun pistols.  Diablo 12 guage pistol 🔫.

It shoots black power bullets to make it legal. I would want them  to shoot regular shells.

Nice with stopping power. But they are not legal in NJ .

I have to old school double barrel collectors shotguns which are legal in NJ.

My wife got them from her late dad.
legendary
Activity: 2310
Merit: 1422


FOR THOSE WITH A CLOSED VIEW
I see those crappy cryptocurrencies getting called shitcoins more and more often! That feels good.
Soon there will be no coin below 0.01 BTC they will all get smashed in btc value.
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
Yeah, you can only carry so many clips with you, you really want to make sure you have ammo when you really need it.

Typical load out for M4 or M16 (or AR-15 equivalent) is like 4 mags on your chest, right? That's what I usually see anyway. My own military has no standards, we get what we get, but since I'm an officer I stick to my 1911 as my sidearm. Eventually I'll switch to 9mm. Maybe a "standard" Glock 17.

I'm getting partial to shotguns since most countries don't seem to have too many restrictions on them, particularly if you got a simple manual pump shotgun. A little practice and you can fire that thing in quick bursts, then if you really need continuous cover you can stuff a shell every few seconds.


 I have a state trooper friend I know him for 58 years met him at 5 years old in kindergarten .  He owns a machine gun shotgun. Note he is not a NJ to NY state trooper.

He lives in a state that allows this gun. It is a pretty amazing gun.

direct link to the image I posted

https://www.ammoland.com/wp-content/uploads/2017/11/fostech-drum-600x406.jpg




LOL>  I figure firing that with anything bigger than 7.5 would tear my shoulder off.  I bet it gets hot as hell.
hero member
Activity: 1011
Merit: 721
Decentralize everything
The CEO of Standard Chartered bank has said "digital currencies" are inevitable and they will be announcing something related soon.. yay, another shitcoin to throw under the claws of the honey badger!

Quote
The widespread creation and rollout of digital currencies is “absolutely inevitable” as the international payments system rapidly evolves, according to the CEO of Standard Chartered.

Speaking at the Singapore FinTech Festival, Bill Winters said there is scope for both state-backed electronic currencies and private ones, too.

“I think there is absolutely a role for central bank digital currencies as well as non-central bank-sponsored digital currencies,” the finance chief said Monday.

Standard Chartered is set to announce further news “along these lines” in the coming days, he added.
https://www.cnbc.com/2020/12/07/stanchart-ceo-bill-winters-digital-currency-rollout-is-inevitable.html
legendary
Activity: 2492
Merit: 1230
Privacy Servers. Since 2009.

I guess it's pretty obvious for almost every hodler that PMs are doomed. Well, not really doomed doomed but doomed in comparison with BTC. Perhaps they will keep their value compared to fiat but will drop miserably vs BTC  Cool
legendary
Activity: 2758
Merit: 13660
BTC + Crossfit, living life.
legendary
Activity: 2590
Merit: 4839
Addicted to HoDLing!
I thought Magic Crystal BallsTM were rare...

It seems everybody's got one these days...
sr. member
Activity: 1176
Merit: 305
sr. member
Activity: 1176
Merit: 305




Sell ​​it and thank me.
legendary
Activity: 2338
Merit: 2106
the following could give a little hint what happens when dumb money is chasing an illiquid "asset".

Quote
The firm's market data for Grayscale Bitcoin Cash (BCH) shows market price per share at $37.90, while BCH holdings per share remains at $3.19. That's a 1,188% premium over the price of the asset.

holy fuck. buying bch is in itself a case of intellectual bankruptcy. but buying it at a 1188% premium induces physical pain to seasoned WO readers.

but it gets better...


Quote
Grayscale's Litecoin Trust (LTC) is performing similarly, with market price per share at $500, while LTC holdings per share sits at $8.37. That's a 5,974% premium.


financial markets means trillions. always remember that the difference between a billion and a trillion is roughly a trillion. (same as the difference between a million and a billion is roughly a billion  Wink) bitcoin is very tiny/illiquid compared to those trillions. the trillion dollar fomo will arrive this or the next circle.

https://www.theblockcrypto.com/linked/85803/grayscale-bitcoin-cash-litecoin-premiums-assets
legendary
Activity: 2758
Merit: 13660
BTC + Crossfit, living life.


FOR THOSE WITH A CLOSED VIEW
legendary
Activity: 2242
Merit: 3523
Flippin' burgers since 1163.
legendary
Activity: 2016
Merit: 1259
Shitty gun..
“Grenades” don’t even explode..

Apparently the thing can pierce 2 inches of hardened steel armor. That's kind of impressive but a bit much for deer season.

   We got some big deer.  Now hand it over.


Bob, can we heli-hunt pigs with it at your ranch?
legendary
Activity: 2833
Merit: 1851
In order to dump coins one must have coins
Sub 20k is the new cheap coinz.

Bargain Boyz are almost done loading up their trucks.

true...Barry's boyz are steadily buying at 'any price'.

Over year they've been single-handedly accumulating more than what's mined. That's sustainable right? right   Lips sealed
legendary
Activity: 3220
Merit: 2334
I fix broken miners. And make holes in teeth :-)
Shitty gun..
“Grenades” don’t even explode..

Apparently the thing can pierce 2 inches of hardened steel armor. That's kind of impressive but a bit much for deer season.
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