Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 8766.

HairyMaclairy

legendary

Activity: 1442

Merit: 2282

Degenerate bull hatter & Bitcoin monotheist

Quote from: Last of the V8s on December 16, 2019, 06:07:38 AM

Quote from: HairyMaclairy on December 16, 2019, 06:03:35 AM

Quote from: lightfoot on December 12, 2019, 06:36:33 PM

Well, looks like the Brit gits are about to commit economic suicide. Thank heavens there is bitcoin so the people can exchange their worthless "pound" for something that will have value.

I'm going to enjoy watching this unfold.

The Brits are going to go kamikaze free market / deregulation. They want to be the British Virgin Islands. A lot of people are going to make a lot of money out of this. Sucks for the poor and vulnerable in the regions but they voted for it so fuck em. This is going to be more fun than the break up of the USSR.

That's the spirit.
They just need to stop being poor.
I'm beginning to like you.
мoлoдeц

Brexit ain’t gonna help them being poor. Oh no sirree. We gonna do red tape reduction. We gonna get us some class A poker machines. Next we are going to deregulate payday loans so Workington man can pay 900% interest per annum. We are going to gut the Consumer Credit Act. And GDPR? Lol fuck privacy.

HairyMaclairy

legendary

Activity: 1442

Merit: 2282

Degenerate bull hatter & Bitcoin monotheist

Quote from: jojo69 on December 12, 2019, 10:53:20 PM

Quote from: arklan on December 12, 2019, 09:46:14 PM

man just readying that hurt my head. i am so glad i never got into apple products...

not that windows is remotely perfect, mind you...

it all sucks donkey balls

fucking computers man...sometimes I just have to go down and listen to the creek

Any reason you can’t run a Win7 box airgapped?

Last of the V8s

legendary

Activity: 1652

Merit: 4393

Be a bank

Quote from: HairyMaclairy on December 16, 2019, 06:03:35 AM

Quote from: lightfoot on December 12, 2019, 06:36:33 PM

Well, looks like the Brit gits are about to commit economic suicide. Thank heavens there is bitcoin so the people can exchange their worthless "pound" for something that will have value.

I'm going to enjoy watching this unfold.

The Brits are going to go kamikaze free market / deregulation. They want to be the British Virgin Islands. A lot of people are going to make a lot of money out of this. Sucks for the poor and vulnerable in the regions but they voted for it so fuck em. This is going to be more fun than the break up of the USSR.

That's the spirit.
They just need to stop being poor.
I'm beginning to like you.
мoлoдeц

HairyMaclairy

legendary

Activity: 1442

Merit: 2282

Degenerate bull hatter & Bitcoin monotheist

Quote from: lightfoot on December 12, 2019, 06:36:33 PM

Well, looks like the Brit gits are about to commit economic suicide. Thank heavens there is bitcoin so the people can exchange their worthless "pound" for something that will have value.

I'm going to enjoy watching this unfold.

The Brits are going to go kamikaze free market / deregulation. They want to be the British Virgin Islands. A lot of people are going to make a lot of money out of this. Sucks for the poor and vulnerable in the regions but they voted for it so fuck em. This is going to be more fun than the break up of the USSR.

Last of the V8s

legendary

Activity: 1652

Merit: 4393

Be a bank

https://wallstreetexaminer.com/2019/12/powell-spews-baby-poop-in-attempts-to-reassure-investors/

Quote

...
And the Fed and Wall Street are blaming regulatory bottlenecks? Give me an effing break.

The fact is that the overleveraged dealers with their bloated inventories know that any downtick in bond prices will destroy them and destroy the system. And the Fed knows it equally well. Because, as Powell noted, they talk to each other all day, every day in the context of their debt market rigging operations.

So, what follows is utter horseshit.
...

good stuff

Last of the V8s

legendary

Activity: 1652

Merit: 4393

Be a bank

note to self: next time I run in to Roger Ver, must ask him, 'does Richard Heart swallow?'

https://www.youtube.com/watch?v=1UPLA9-ICJg
LIVE! Roger Ver and Richard Heart on Bitcoin, Ethereum, HEX, BCH, Blockstream, BitcoinCash & more.

ivomm

legendary

Activity: 1891

Merit: 3096

All good things to those who wait

Quote from: mindrust on December 16, 2019, 04:49:32 AM

I just fired another $250. If it goes down I'll fire even more. If it goes to 3k I am going full berserk. Taking no prisoners. My ammunation is stronk.

What a beautiful morning, cheap coins feel good.

It is good that you continue to buy, I admire that. But the next part about 3K sounds to me like gembitz. He is notorious for his moronic "weeee" posts claiming that the price will fall 50% from the current point.
Yeah, I remember you said the same for getting to 8K, when we were nearly 14K, then 6K when we were at 11K, now 3K. If we get at 3K you will say the same for 1K. You had 4 months from Dec 2018 to April 2019 to buy at 3K and you didn't. And besides, one year ago the crash happened because there were no indications that the price will recover soon. I can't imagine how the weak hands that sold at 3K felt when the price hit 14K only 3 months later. I guess not good at all. Now the halving is only 5 months away. So to have expectations of reaching this low again is softly speaking unrealistic. I am just writing this so that you are not fooling yourself and one day to regret for underinvesting. The current price is beyond good for investing more. Surely, it may fall a bit more, but in the end will it make a difference, if you are a strong hand and hodl until 30-40-50-100K or whatever price target you choose? #stronghands

efialtis

legendary

Activity: 1750

Merit: 1363

www.gosubetting.com

Hey everybody,

just as a side note: We have to get by without the help of the Greek gods for the time being so be careful everybody - until some things are sorted out with my "management"... Cheesy

AlcoHoDL

legendary

Activity: 2590

Merit: 4839

Addicted to HoDLing!

Quote from: mindrust on December 16, 2019, 04:49:32 AM

I just fired another $250. If it goes down I'll fire even more. If it goes to 3k I am going full berserk. Taking no prisoners. My ammunation is stronk.

What a beautiful morning, cheap coins feel good.

Sounds like a good plan.

In addition to my regular job (which is more than enough for my living expenses), I also do teaching part-time. I use all of my teaching earnings to buy BTC. It doesn't affect my life in a negative way, but WILL soon affect it in a POSITIVE way when BTC moons.

"Every little helps." (I remember this phrase was being used by a supermarket chain when I was living in the UK many years ago).

mindrust

legendary

Activity: 3276

Merit: 2442

I just fired another $250. If it goes down I'll fire even more. If it goes to 3k I am going full berserk. Taking no prisoners. My ammunation is stronk.

What a beautiful morning, cheap coins feel good.

serveria.com

legendary

Activity: 2422

Merit: 1191

Privacy Servers. Since 2009.

Dammit, it's so boring even gembitz doesn't appear here anymore Cool

WEEEEEEE!

serveria.com

legendary

Activity: 2422

Merit: 1191

Privacy Servers. Since 2009.

Quote from: dragonvslinux on December 16, 2019, 04:37:09 AM

Until then I'm still expecting a long squeeze personally (dump in price), that clearly hasn't occurred. Ratio squeezes don't count for me.

$14k to $7k since June is not long enough? Grin

dragonvslinux

legendary

Activity: 1722

Merit: 2213

Quote from: HairyMaclairy on December 16, 2019, 03:34:49 AM

Whatever was causing the ridiculous long / short ratio on Bitfinex has somewhat eased. It is now only sublime.

Note: this is caused by a sudden uptick in the number of shorts, not a decrease in longs.

Volatility, she is coming.

The strange thing the Bitfinex long/short ratio was due to over-leveraged longs, that are worryingly still parabolic and at ATH with RSI completely oversold:

The reason the ratio dropped ironically due to the short interest, as opposed to a long squeeze. I don't see this as necessarily a good thing:

On the Daily chart, you can see there has been a 50% increase in shorts today, so far:

But the longs still remain over-leveraged by a factor of 5:1 (80%), as opposed to the high of around 15:2 (87% approx):

Still expecting a drop to around 2-3:1, which is also the 200 Day MA for the ratio, or 4:1 minimum. for a more reasonable 50-65% long leverage personally.

Until then I'm still expecting a long squeeze personally (dump in price), that clearly hasn't occurred. Ratio squeezes don't count for me.

El duderino_

legendary

Activity: 2716

Merit: 13505

BTC + Crossfit, living life.

The Federal Reserve will inject at least another $425 billion of temporary cash into the financial system within the next few months.

The entire US military budget every year is $693 billion.

Everything is fine though. 🙃

https://twitter.com/rhythmtrader/status/1206264167809929217?s=21

HairyMaclairy

legendary

Activity: 1442

Merit: 2282

Degenerate bull hatter & Bitcoin monotheist

Quote from: Last of the V8s on December 11, 2019, 12:30:42 PM

Quote

For that price, customers do not get the display – which starts at $4,999 – or the $999 stand that holds up that screen.

I am aware of someone who just blew US$250k in cloud processing charges. They basically said "I wonder what happens when I push all of these buttons at the same time". Now they know. They melted the cloud and scaled out the ying yang and then had to pay for it.

Under those circumstances a box which has 1.5TB of ram which can handle some big jobs for $60k looks like a bargain. Might run a bit warm under the desk tho.

HairyMaclairy

legendary

Activity: 1442

Merit: 2282

Degenerate bull hatter & Bitcoin monotheist

Whatever was causing the ridiculous long / short ratio on Bitfinex has somewhat eased. It is now only sublime.

Note: this is caused by a sudden uptick in the number of shorts, not a decrease in longs.

Volatility, she is coming.

HairyMaclairy

legendary

Activity: 1442

Merit: 2282

Degenerate bull hatter & Bitcoin monotheist

CME Futures at an inflection point. Anything but upwards breaks the support line. Which is not really a desirable place to be.

th3nolo

hero member

Activity: 1232

Merit: 669

Quote from: VB1001 on December 15, 2019, 11:59:34 AM

snip

I was browsing your page and found the story of the beginning of the hats, I still had not realized that your post refers to that.

Without a doubt, the page is well designed and it didn't cost me to get the story, which by the way is quite interesting.

"don't trust fake hats, verify".

Little Mouse

legendary

Activity: 2268

Merit: 2327

Marketing Campaign Manager |Telegram ID- @LT_Mouse

Requesting a Wall Observer Hat.

VB1001

legendary

Activity: 938

Merit: 2540

<>

Quote

1/ UTXO metrics suggest that investors are staying put despite being at a loss.

After #BTC's local top in June, fewer transactions require less UTXOs to be created.

That in combination with the declining price, caused the number of UTXOs in a loss to remain at ATH since weeks.

Quote

2/ Total #BTC transactions decreased since June.

Quote

3/ Less UTXO's created since June.

https://twitter.com/glassnode/status/1206312869085753345

We can go down wherever they want, but the ticket to the moon does not expire.

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