Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 6811. (Read 26714892 times)

legendary
Activity: 4354
Merit: 9201
'The right to privacy matters'
"
2020-10-21  12,584
2020-10-22  12,963
2020-10-23  12,914
2020-10-24  13,053
2020-10-25  13,077
2020-10-26  13,063
2020-10-27  13,446
2020-10-28  13,372
2020-10-29  13,321
2020-10-30  13,406
2020-10-31  13,766

2020-11-01  13,762
2020-11-02  13,545
2020-11-03  13,632
2020-11-04  13,908
2020-11-05. 14,937
2020-11-06  15,570
2020-11-07  15,076
2020-11-08  15,255
2020-11-09  15,364
2020-11-10  15,325
2020-11-11  15,562
2020-11-12  15,939   < edit
2020-11-13  16,279
2020-11-14.  ?


note pulled info from here


https://bitcointalksearch.org/topic/m.55488187

as I noted in an earlier post
 { https://bitcointalksearch.org/topic/m.55491561 }

 the  best streak of above 12,584

was from 2017-12-06 to 2018-01-15  that was 41 days

so 25 down and 16 to go.

   This will be a really nice streak to break.

  If we stay hot we break the streak on Dec. 2, 2020

so 2020-12-02 here we come.




We also are developing a second streak Nov 1 on is above 13545

we have never had a full month from day one stay above 13000. I for one want to see both things happen.

and we are unfolding a third streak more on that later."




I am quoting and altering my post from yesterday.


I want to talk about the third streak that is opening up.  BTC never had 12 days in a row over 15000

Below is the longest 15k+ streak

2017-12-21  16,033
2017-12-20  16,724
2017-12-19  17,986
2017-12-18  18,634
2017-12-17  19,110
2017-12-16  18,430
2017-12-15  17,334
2017-12-14  16,351
2017-12-13  16,434
2017-12-12  16,854
2017-12-11  16,293.    11 days in a row.


note I get all my stats from the following thread.  https://bitcointalksearch.org/topic/m.1472141

I have been using his data to show these streaks.

So we have 3 streaks going

1) 12854 +. is at 23 days and closing in on the 41 day streak from dec 2017 to jan 2018



2) we have a 7 day 15000+ streak closing in on the 11 day streak from dec 11 2017  to dec 21 2017



3) and our Nov 1 to Nov 14 streak above 13000 is the second longest streak from the beginning of the month above 13000. Jan 1 2018 to Jan 15 2018 is in first place.


update so far so good  as we are now over 16,200

 I will get back to this at night.  We need to keep this up!

So updates.

3) if we stay over 13000 until Nov 16 we break the best beginning steak ever for any month.       15 days is old record.   2 days to break this record

2) We should stay over 15,000 by closing which will bring us to 9 in a row over 15k                     11 days is old record.   3 days to break this record

1) we have a 25 day streak over 12584. -----------------------------------------------------------  old record is 41 days.        17 days and counting

I assume hope we are good for the 14th and just kept it up.
legendary
Activity: 2380
Merit: 17063
Fully fledged Merit Cycler - Golden Feather 22-23
A nice tweet from a new Twitter account:


Quote

These are the levels and this is what institutional fomo looks like Smiley



https://twitter.com/whale_map/status/1327260627463761921?s=21


Basically the graph plots a bubble when some bitcoin land on a whale portfolios (>10K BTC) and it is NOT spent afterward.
The size of the bubble il the size of the purchase.

This graph smell like FOMO
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
legendary
Activity: 4354
Merit: 9201
'The right to privacy matters'
And Kraken 16k again.  Don't know what to think, for the immediate term.  Sideways?

we have not reach the miners profit high of 13k back in july 2019

if we did after adjustments we would need to be over 25k maybe 30k.

We promptly crashed back down in aug 2019 and hit a low of 3900 in feb of 2020.


basically I don't see a  correction short term until we get closer to 25-30k

I understand this logic, but disagree on a short term call.
We will most definitely dip at 20-21k.
There are too many bagholders who will sell at ATH (as soon as it is reached).
Maybe 20% or even 30% dip to $14-16K. I don't need to buy that dip, but I might.
Why? it always happens-see Dec 2016-Jan 2017

Good counter point.

USA tax law can favor a sale of a cap gain {gain} in December if you have lots of cap gain losses earlier in the year.

USA tax law can favor a sale of a cap gain {gain} in January if you hodled so long and have only gains.  You don't pay it for as long as April 15 2022 if you sell a gain in Jan 2021.
hero member
Activity: 845
Merit: 609
Hi guys!!!

Blockchain Technology
Macro RSI Shows Bitcoin is on the Verge of a Massive Bull Run


Quote
Bitcoin has seen a rapid rally over recent weeks from the $10,000 range to $16,000 as of this article’s writing. The leading cryptocurrency is expected to move even higher in the weeks and months ahead as long-term trends are still positive.

according to PlanB:

Quote
“if you missed 2013 and 2017 bull markets: current #bitcoin price rise to $16k is just a small taste of what will come next. we are just warming up.”



Source:https://thecryptostreet.com/blockchainnewsmagazine/macro-rsi-shows-bitcoin-is-on-the-verge-of-a-massive-bull-run/?utm_source=dlvr.it&utm_medium=twitter

I think a very good movement is brewing ... I think that by this December we will be able to touch $ 20k again ..


I agree, we should tickle 20k in a few short weeks. I'm excited for 2021. LFG

hero member
Activity: 1011
Merit: 721
Decentralize everything
legendary
Activity: 2632
Merit: 1883
Leading Crypto Sports Betting & Casino Platform
Hi guys!!!

Blockchain Technology
Macro RSI Shows Bitcoin is on the Verge of a Massive Bull Run


Quote
Bitcoin has seen a rapid rally over recent weeks from the $10,000 range to $16,000 as of this article’s writing. The leading cryptocurrency is expected to move even higher in the weeks and months ahead as long-term trends are still positive.

according to PlanB:

Quote
“if you missed 2013 and 2017 bull markets: current #bitcoin price rise to $16k is just a small taste of what will come next. we are just warming up.”



Source:https://thecryptostreet.com/blockchainnewsmagazine/macro-rsi-shows-bitcoin-is-on-the-verge-of-a-massive-bull-run/?utm_source=dlvr.it&utm_medium=twitter

I think a very good movement is brewing ... I think that by this December we will be able to touch $ 20k again ..
member
Activity: 90
Merit: 44
Just bumbling through this on a Saturday night; so far it seems like the best thing to happen to lightning since lightning itself. Worth a repost...

Quote from: lightning-pool-whitepaper.pdf
Abstract
In this paper we examine the core inbound liquidity bootstrapping problem the Lightning Network faces, and frame it as a resource allocation problem to be solved by the application of market design and auction theory.  We present Lightning Pool, a non-custodial channel lease market-place, implemented as a sealed-bid frequent batched uniform clearing price auction which allows participants to buy and sell capital obligations on the network.  We call these capital obligations channel leases.  A channel lease can be viewed as a cross between a traditional fixed-income asset and an internet bandwidth peering agreement.  Channel leases allow nodes on the network with idle capital to earn yield (based on a derived per-block interest rate) by selling channels to other agents in the marketplace.  The duration of such contracts is enforced on-chain using Bitcoin Script.  We construct Lightning Pool using a novel design for constructing overlay applications on top of Bitcoin: a shadow chain.  Shadow chains allow users to remain in full custody of their funds at all times while also participating in higher level applications that scale via an optimistic  transaction cut-through protocol.



Weird warning: clicking on the link auto downloads the pdf (but I survived the wtf)

https://lightning.engineering/posts/2020-11-02-pool-deep-dive/
copper member
Activity: 630
Merit: 2614
If you don’t do PGP, you don’t do crypto!


—Just so that the wiser souls of the Wall, who do not have me on ignore, can properly appreciate the artistry of this post:
Honey badger don’t give a fuck.

That sound you hear when you dump Bitcoin is laughter.

[...]

Now, how could I do that if I didn’t edit the title? ;-)


P.S., n.b. that references are improved here (just because I am detail-oriented):
...not so much “gemütlich” as, if I do say so myself, some other kind of good qualities; see Nr. 11 at pp. 20–22 (pdf pp. 40–42) for adequate context:

...die andrerseits im Verhalten zu einander so erfinderisch in Rücksicht, Selbstbeherrschung, Zartsinn, Treue, Stolz und Freundschaft sich beweisen, — sie sind nach Aussen hin, dort wo das Fremde, die Fremde beginnt, nicht viel besser als losgelassne Raubthiere.
legendary
Activity: 3990
Merit: 4597
And Kraken 16k again.  Don't know what to think, for the immediate term.  Sideways?

we have not reach the miners profit high of 13k back in july 2019

if we did after adjustments we would need to be over 25k maybe 30k.

We promptly crashed back down in aug 2019 and hit a low of 3900 in feb of 2020.


basically I don't see a  correction short term until we get closer to 25-30k

I understand this logic, but disagree on a short term call.
We will most definitely dip at 20-21k.
There are too many bagholders who will sell at ATH (as soon as it is reached).
Maybe 20% or even 30% dip to $14-16K. I don't need to buy that dip, but I might.
Why? it always (EDIT for JJG: it happened last time) happens-see Dec 2016-Jan 2017
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
Loading........





FOMO
or fo·mo


[ foh-moh ]
noun Slang.
a feeling of anxiety or insecurity over the possibility of missing out on something, as an event or an opportunity
https://www.dictionary.com/browse/fomo

BTC
legendary
Activity: 2016
Merit: 1259
And Kraken 16k again.  Don't know what to think, for the immediate term.  Sideways?

we have not reach the miners profit high of 13k back in july 2019

if we did after adjustments we would need to be over 25k maybe 30k.

We promptly crashed back down in aug 2019 and hit a low of 3900 in feb of 2020.


basically I don't see a  correction short term until we get closer to 25-30k

Sounds good.  Let's go.
legendary
Activity: 2016
Merit: 1259


[snip]


Q: How does something start as unregistered security, turn into commodity and end up as "money" while still being centralized shitcoin with arbitrary rule changes, deceptive marketing and scammy promises of impossible future that is somehow always just around the corner?
A: Magic

Succinct.
legendary
Activity: 4354
Merit: 9201
'The right to privacy matters'
And Kraken 16k again.  Don't know what to think, for the immediate term.  Sideways?

we have not reach the miners profit high of 13k back in july 2019

if we did after adjustments we would need to be over 25k maybe 30k.

We promptly crashed back down in aug 2019 and hit a low of 3900 in feb of 2020.


basically I don't see a  correction short term until we get closer to 25-30k
member
Activity: 90
Merit: 44
thanks Phil, edited

meanwhile
legendary
Activity: 2016
Merit: 1259
And Kraken 16k again.  Don't know what to think for the immediate term.  Sideways?


legendary
Activity: 1708
Merit: 3439
Man who stares at charts (and stars, too...)
Protip:  If you want to ignore-list me, STFU and do it.  Otherwise, it will much amuse me to ridicule you.  Big talkers.

Let me finally thank you, for fast forwarding the process to meet my decision.

EDIT: just crossed $16k on stamp, for the record.
legendary
Activity: 4354
Merit: 9201
'The right to privacy matters'
well 'we' getting there



^ last comment: I believe the minimum is 64ETH (~0.7btc). madness

 Grin

Q: How does something start as unregistered security, turn into commodity and end up as "money" while still being centralized shitcoin with arbitrary rule changes, deceptive marketing and scammy promises of impossible future that is somehow always just around the corner?
A: Magic



more crap https://cryptobriefing.com/value-defi-drained-millions-flash-loan-attack/

I think it takes 32 eth to stake.

but I am not staking or holding eth as I don’t particularly like its model of existence.
copper member
Activity: 630
Merit: 2614
If you don’t do PGP, you don’t do crypto!
copper member
Activity: 630
Merit: 2614
If you don’t do PGP, you don’t do crypto!
Honey badger don’t give a fuck.

That sound you hear when you dump Bitcoin is laughter.


If this ignoring nullius thing becomes a widely supported "popular" "mass" action, chances are he'll take it as a compliment...

+1 merit, and also +2256 WOsMerits!

How do the lower classes fail to understand that my words are not for ineducable lumpenproletarians?  I know that they are stupid, but I have patiently tried to explain this—with GIANT-SIZED LETTERS, for the benefit of those whose reading level does not exceed books intended for small children.

nullius needs a filter to protect his pearls from being seen by unfit swine.  The filter:  If you ignore-list me, then ipso facto, you are unfit to see my words.  Please—DO—IT.  Thank you.

I will make the unworthy masses collectively pull a mindrust!

[...]

Whatever. The next stupid answer I get from you will make me ignore you forever. So think well before quoting me next time.
[...]

Yes, please!  Place me on your ignore list.  Forever.  It is your loss, and I do not want for you to read my posts.  Thank you.

If you are not reading it, then it is not for you.


@infofront:
If this ignoring nullius thing becomes a widely supported "popular" "mass" action, chances are he'll take it as a compliment...
Maybe a poll is in order. Ask infofront for approval after all: this is his bitch.
excuse my language in the thread must be too many cats on the brain

Yes, please!  My campaign to deprive hoi polloi of my wisdom will neatly dovetail with my mesasge to VOTE, VOTE, VOTE for me as the forum antihero!


nullius & JJG

They're harsh with words on these boards, but I believe it would be much more gemütlich IRL, though.

Of course, I cannot speak for Jay; but as for myself, not so much “gemütlich” as, if I do say so myself, some other kind of good qualities; see Nr. 11 at pp. 20–22 (pdf pp. 40–42) for adequate context:

Nullius on Ignore

^^^ An example of a lowborn dolt who has finally learnt his place.  One way or another.


I decided NOT to engage ignore on him, if i'll read a post by nullius until monday and i'm NOT asking myself wether i should finally hit ignore or not.

Your mother was a hamster, and your father smelt of elderberries!  Now, go away, or I shall taunt you a second time!


How oft need I repeat myself? :-(

After wiring the funds from our latest windfall, to our main, joint financial institution, the most difficult decision I need to make today is "How many mg of psilocybin do I want to dose myself with, and is today the day that I finally put @nullius on ignore..."

Liar.  You are too much of a sissy to ignore-list me.  It is not the first that I have heard this from you.

https://loyce.club/archive/posts/5414/54140405.html

Suck my giant black cock.

To the hilt.
https://loyce.club/archive/posts/5414/54140490.html

I don't feel a sucking sensation yet in my penicular region.

Why not sodomize yourself with a length of rusty pipe instead ?

Better yet, fuck off to China for all I care.

Welcome, as a rare addition to my ignore list.

Protip:  If you want to ignore-list me, STFU and do it.  Otherwise, it will much amuse me to ridicule you.  Big talkers.


Edit, an hour later:  Made better reference to context in a certain book.  No other changes.
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