Big volume on GDAX,
Never heard of it.
Do they trade bitcoin there?
only when the 3 letter agencies let them.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 7380. (Read 26732143 times)
August 01, 2020, 08:09:51 AM
Never heard of it.
Do they trade bitcoin there?
only when the 3 letter agencies let them.
August 01, 2020, 07:56:30 AM
That case could and would allow for a crazy jump in price. I better hodl till 2021 no matter what. 
There are a lot of scenarios in which there could be a crazy jump in BTC price, so good thing that you are HODLing rather than acting upon your seemingly weak assessment of how wealth redistribution is likely to play out in the coming years.
at bitserve see how many hold 1000. if it is smaller by far maybe the crazy number happens.
In the past, there have been various threads on the topic of coin/wealth distribution, and I did a quick perusal through my BTCTalk thread watchlist, and I found the below ones that might be kind of on such topic.
The below-linked threads have not been updated recently, so there might be some better or more recent ones, too.
1) Distribution of bitcoin wealth by owner
2) I am pretty confident we are the new wealthy elite, gentlemen.
3) Who are the richest Bitcoin users and how much do they own?
4) Do you think Institutions secretly HODL Bitcoin?
[edited out]
This is so fun I read it 3 times. I have NO IDEA what you are talking about though.yeah glad im not the only one.. i read it several times too with glazed eyes. but i wouldnt be so quick to dismiss philip as he called the 2017 blow off top pretty accurately iirc.
but i too wonder why billionaires would worry about new guys entering the club. after all as long as they still have 99% of the people who are still poor to step on i wouldnt think they would really care. old money peeps are snobs anyway, new peeps to the billionaire club are looked on as (relative) peons by them.
or perhaps im still misunderstanding lol
August 01, 2020, 07:53:11 AM
Do you guys remember the ramblings of many newbies here and on reddit, twitter, etc. that the halving was priced in? Since then the price went from 6-7K to $11 700!
Happens every time, NOCOINERS, people who sold everything too early years ago, bitter noobs with a low stash. It’s just jealousy, not wanting to see other people do well. Say anything enough times & you might convince yourself that you’re right.
August 01, 2020, 07:52:54 AM
The monthly update:
Gentlemen, we are back on track. In July we saw plenty of green, as one would expect from a beautiful summer. It was not that hot and even rained like in the good old times. Really nothing to complain about. I asked myself for a moment if this first regular summer in many years has anything to do with the "crisis" people are talking about for months?
Our mutual friend also took care of his green, up 24.30% last month and 58.60% this year, not that bad. Of course the question is whether the new trend will survive or not. I am not a gardener, but the soil does not look bad in my humble opinion. We halved our daily supply and newly printed "money" has to go somewhere. Paper gold and shitcoins gained as well, therefore the "money" has decided to rain, also in our garden. In general, the volume is not that bad and the futures expiration had, oddly enough, no significant impact (dump) on our path. We are even seeing an AYH now. However, Bob already left the party, kind of, not sure if this is a good sign.
Let's wait and see if we can tear down the next imaginary wall (as 600watt pointed out, it appears to be always the 10k € barrier), I have microwave popcorn ready.
Other than that, how is the "crisis" going? Here it is a little calmer now, instead of 200 maybe only 175% workload. In July I had to train a dozen people in three groups for a new business segment, of course face-to-face in the office. The safety precautions in our office are strange. As long as you are in a room with your group, you do not have to wear a mask, but as soon as you leave the room you do. Since the air conditioning in the building is now on (it was off before to save money), the air is distributed to all rooms anyway. Well, I stick to the rules of this game, the next active case is a hundred or more kilometers from here and people in our region do not tend to travel that far, at least at the moment. The weirdest thing last month was when I got my first haircut in half a year. I can see again, which is handy.
Gentlemen, enjoy the show and stay safe, have a lovely month of August!
Gentlemen, we are back on track. In July we saw plenty of green, as one would expect from a beautiful summer. It was not that hot and even rained like in the good old times. Really nothing to complain about. I asked myself for a moment if this first regular summer in many years has anything to do with the "crisis" people are talking about for months?
Our mutual friend also took care of his green, up 24.30% last month and 58.60% this year, not that bad. Of course the question is whether the new trend will survive or not. I am not a gardener, but the soil does not look bad in my humble opinion. We halved our daily supply and newly printed "money" has to go somewhere. Paper gold and shitcoins gained as well, therefore the "money" has decided to rain, also in our garden. In general, the volume is not that bad and the futures expiration had, oddly enough, no significant impact (dump) on our path. We are even seeing an AYH now. However, Bob already left the party, kind of, not sure if this is a good sign.
Let's wait and see if we can tear down the next imaginary wall (as 600watt pointed out, it appears to be always the 10k € barrier), I have microwave popcorn ready.
Other than that, how is the "crisis" going? Here it is a little calmer now, instead of 200 maybe only 175% workload. In July I had to train a dozen people in three groups for a new business segment, of course face-to-face in the office. The safety precautions in our office are strange. As long as you are in a room with your group, you do not have to wear a mask, but as soon as you leave the room you do. Since the air conditioning in the building is now on (it was off before to save money), the air is distributed to all rooms anyway. Well, I stick to the rules of this game, the next active case is a hundred or more kilometers from here and people in our region do not tend to travel that far, at least at the moment. The weirdest thing last month was when I got my first haircut in half a year. I can see again, which is handy.
Gentlemen, enjoy the show and stay safe, have a lovely month of August!
August 01, 2020, 07:45:25 AM
Corn climbing the stairs
Hairy back and it feels good
Said the naked ape
#haiku
Hairy back and it feels good
Said the naked ape
#haiku
August 01, 2020, 07:38:44 AM
Quick wick down to fill that gap around 9600 then right back up and we'll really be off to the races.
August 01, 2020, 06:45:42 AM
Another day, another pump and a new AYH set at $11763.10, which is 3%-ish higher than yestarday's $11 457. This is a very good sign, especially for a weekend day. Do you guys remember the ramblings of many newbies here and on reddit, twitter, etc. that the halving was priced in? Since then the price went from 6-7K to $11 700! I can't think of a better proof how wrong were all those unfamiliar with the Bitcoin basics (aka n00bs). The good thing is that more and more average joes are starting to believe in predictions like 50K, 100K, etc. And if most people are acting according to this expectation, i.e. hold patiently, then some of those bold predictions will became true... or all of it?
August 01, 2020, 06:15:37 AM
Something seems too good to be true about how closely those fractals overlap. They are scaled properly, I hope?
Yes it. Of course it didn’t look like it was matching last month.
Lol the year 1788.
We had to lock up all the convicts then and we have had to lock up all the Victorians again this week.
We had to lock up all the convicts then and we have had to lock up all the Victorians again this week.
Is that where you have been Hairy butt?
locked up?
I’ve been gardening, cycling, cooking and drinking. Life is good man.
Yes HM, good to see you. Looks like we’re perfectly on track, happy days.
Good to see you too LFC.
August 01, 2020, 06:03:47 AM
Boring Eid for me and my GF as well. She's missing home and me homemade Biryani.
August 01, 2020, 05:31:20 AM
There are billionaires who own BTC, but are there billionaires thanks to BTC ? I don't mean owning enough BTC to be a billionaire, because that is being a 100thousander in BTC, I mean having sold/traded/invested enough BTC into $ priced assets and companies to be a billionaire, starting with nothing but BTC ?
August 01, 2020, 05:29:34 AM
Yeah, 11,700 was nice to see today. Wonder what will happen next....
Looks like another leg up to $13,000 is within the realm of possibility by the first week of August:
Momentum doesn't seem to be slowing down at all. Most momentum indicators remain bullish at least in the short term. This party is far from over boys.
The crypto fear and greed index is still holding strong at 75 (Just inches away from its highest value this year).
Several other high-quality assets including Litecoin (LTC), Zcash (ZEC), and Ethereum (ETH) are also experiencing some off-side momentum. I expect we'll see a reshuffling of the top 10 as undervalued altcoins make their plays.
Of course, nothing will even approach Bitcoin, which I expect will continue to lead the market in terms of growth.
August 01, 2020, 05:21:12 AM
Yeah, 11,700 was nice to see today. Wonder what will happen next....
August 01, 2020, 05:15:03 AM
breakout in 10.... 9... 8...
August 01, 2020, 05:09:13 AM
Hello, what you recommend use for a Bitcoin Node? AWS or ANKR?
Actually a raspberry pi 4 works pretty good. Those other two are gonna cost you 3 digits a month.
But I guess if you are wanting a fast pipe and the best uptime?
This is a pretty good little package but might be more s/w than you want. Quite well put together in my opinion... but do your own due dillgence:
https://github.com/rootzoll/raspiblitz
I run that on the 4Gig pi 4.
Here's my RPi 4 8gb running full node, lnd, ntp server with GPS, environmental monitor + case and ssd temp probes, and samurai whirlpool, which actually I don't use. Might throw electrum server on there too.
Edit: Why image no work? https://i.imgur.com/0GPFRv6.jpg
Also, yes, i put the GPS module is a battery case... all I had!
August 01, 2020, 04:49:46 AM
Pfiou didn't expect so much upside. I had an order at 10K€ on Kraken that was touched but not executed, many must have had an order there for years, mine is only a few months old. I still can see it gone today.
Nothing too exciting though, just another step on the ladder.
Nothing too exciting though, just another step on the ladder.
August 01, 2020, 04:43:07 AM
This is fine
Yes HM, good to see you. Looks like we’re perfectly on track, happy days.
August 01, 2020, 04:33:14 AM
@podyx: there is a measly 150 btc sell wall on € stamp at €10k
was eaten to 139 and now back to 150.
it does not seem a big barrier this time around. let's see.
was eaten to 139 and now back to 150.
it does not seem a big barrier this time around. let's see.
August 01, 2020, 04:27:57 AM
August 01, 2020, 03:49:17 AM
prolly typo for MtGox
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