Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 9007.

fillippone

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Activity: 2380

Merit: 17063

Fully fledged Merit Cycler - Golden Feather 22-23

Quote from: ivomm on November 05, 2019, 04:28:29 PM

Another day going sideways with several upward attempts. And another day with good bakkt volume - so far 920 BTC. After the slow start, the volume increased dramatically in the last 10 days and hopefully it will increase even more henceforth. Notice that the volume chart is very similar to the price chart.

My explanation is that the price formation on the major exchanges is in a delicate balance and such volume is commensurate with half of the daily mined bitcoins. Considering that these bitcoins are bought from these exchanges and deposited into bakkt, this is breaking the balance in the right direction. The effect is like the halving already happened and nobody knows it. Short positions are vulnerable because of the scarsity and their liquidations are making the domino effect on the price. And after 6 months, when the halving happens and real FOMO starts, nobody will be able to stop the new ATH storm! (With regard to the poll, I have the feeling that the first ATH will come around the halving.) Good times are coming for the HODLERS! Wink

I think the answer is a little bit less poetic and a little bit more technical. BAKKT finally onboarded a few more clearer (I think there are four right now)on the warehouse allowing more clients to access their product (clearer are the institutions that can actually move the bitcoin into and out of the warehouse).
So basically more clearers means more end users being able to trade then more volumes!

ivomm

legendary

Activity: 1891

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All good things to those who wait

Another day going sideways with several upward attempts. And another day with good bakkt volume - so far 920 BTC. After the slow start, the volume increased dramatically in the last 10 days and hopefully it will increase even more henceforth. Notice that the volume chart is very similar to the price chart.

My explanation is that the price formation on the major exchanges is in a delicate balance and such volume is commensurate with half of the daily mined bitcoins. Considering that these bitcoins are bought from these exchanges and deposited into bakkt, this is breaking the balance in the right direction. The effect is like the halving already happened and nobody knows it. Short positions are vulnerable because of the scarsity and their liquidations are making the domino effect on the price. And after 6 months, when the halving happens and real FOMO starts, nobody will be able to stop the new ATH storm! (With regard to the poll, I have the feeling that the first ATH will come around the halving.) Good times are coming for the HODLERS! Wink

Dabs

legendary

Activity: 3416

Merit: 1912

The Concierge of Crypto

So ... I only need 5 corns to be a millionaire in 2021? Gotta go get 10 then.

JayJuanGee

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Activity: 3948

Merit: 11416

Self-Custody is a right. Say no to"Non-custodial"

Quote from: Paashaas on November 05, 2019, 03:00:40 PM

Quote from: OgNasty on November 05, 2019, 02:40:29 PM

Quote from: LFC_Bitcoin on November 04, 2019, 04:56:56 PM

Quote from: OgNasty on November 04, 2019, 04:35:36 PM

I'm amazed how many people still haven't figured out the 4-year cycle and hang on the daily price movements... I guess there's some truth to what they say, math is hard.

Og, I’d be interested to get your prediction of a top for the next parabolic pump & an estimated date.

I think $100,000 plus in Q4 2021.

When I do the math, I get a peak of $200,000 in November/December of 2021. I have gone on record as predicting a high of $222,222 prior to 2/22/2022, but that's a bit tongue in cheek.

I think your estimate is a good one.

My retirement plan is based on the 4 year cycle.

Atleast you can sell at the high range i guess (21/22 25/26 29/30) and the option to buy back some corns later on. (23/24 26/27 31/32).

And you, Paashaas, in which cycle do you plan to put the bull out to pasture? -----also (question 2) considering the further comment from OgNasty in which there might be less ability to rely as much on the 4 year cycle in the coming years (coming cycles)?

OgNasty

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Leading Crypto Sports Betting & Casino Platform

Quote from: Paashaas on November 05, 2019, 03:00:40 PM

Quote from: OgNasty on November 05, 2019, 02:40:29 PM

Quote from: LFC_Bitcoin on November 04, 2019, 04:56:56 PM

Quote from: OgNasty on November 04, 2019, 04:35:36 PM

I'm amazed how many people still haven't figured out the 4-year cycle and hang on the daily price movements... I guess there's some truth to what they say, math is hard.

Og, I’d be interested to get your prediction of a top for the next parabolic pump & an estimated date.

I think $100,000 plus in Q4 2021.

When I do the math, I get a peak of $200,000 in November/December of 2021. I have gone on record as predicting a high of $222,222 prior to 2/22/2022, but that's a bit tongue in cheek.

I think your estimate is a good one.

My retirement plan is based on the 4 year cycle.

Atleast you can sell at the high range i guess (21/22 25/26 29/30) and the option to buy back some corns later on. (23/24 26/27 31/32).

For the record, I think the 4-year cycle will become less and less relevant moving forward as Bitcoin continues to evolve from a p2p payment network to an asset mainly used by Wall Street investment funds to collect management fees.

ðºÞæ

sr. member

Activity: 1176

Merit: 297

Bitcoin © Maximalist

Quote from: DaRude on November 05, 2019, 02:44:21 PM

Quote from: ðºÞæ on November 05, 2019, 02:33:13 PM

Quote from: DaRude on November 05, 2019, 02:04:14 PM

Dave died alone and poor with no assets

Wrong, Dave had 350,000 BTC which his idiot brother disposed of.

Quote from: DaRude on November 05, 2019, 02:04:14 PM

half of all of IP

how much is half of 0, CSW has zero IP this days

First of all learn to use quotes, then if you want to be taken seriously and don't want to be with r0ach on the ignore list you got to cite you sources like the big boys do (and please no more coingeek, i already lost few IQ points from that site today)

Not keeping track of all articles read over the years, here is a random one:
https://www.gq-magazine.co.uk/article/bitcoin-craig-wright

Quote

It had been suggested, however, that as one of the founders of bitcoin, he actually passed away with some 350,000 bitcoins sitting on an encrypted USB drive he kept on him at all times.

Quote

Wright confirms Kleiman did indeed have 350,000 bitcoins.

January 1, 2013 BTC is $13,56
April 26, 2013 BTC = $135,60

The whole court drama came about with CSW contacting Dave's father and told him to hang on to the hard-drive as it might be worth a lot of money. By that time the house most likely was cleared - cleaned and on the market. (Extreme case of saving the penny and throwing away pounds)
Let's remember Ira never visited his very ill brother once, not in hospital or at home.

Last of the V8s

legendary

Activity: 1652

Merit: 4393

Be a bank

BitcoinGirl.Club

legendary

Activity: 2800

Merit: 2736

Farewell LEO: o_e_l_e_o

Quote from: LFC_Bitcoin on November 05, 2019, 02:33:14 PM

Throwing signs again

Have fun there.
Barca had a shit game 😠

Paashaas

legendary

Activity: 3512

Merit: 4557

Quote from: OgNasty on November 05, 2019, 02:40:29 PM

Quote from: LFC_Bitcoin on November 04, 2019, 04:56:56 PM

Quote from: OgNasty on November 04, 2019, 04:35:36 PM

I'm amazed how many people still haven't figured out the 4-year cycle and hang on the daily price movements... I guess there's some truth to what they say, math is hard.

Og, I’d be interested to get your prediction of a top for the next parabolic pump & an estimated date.

I think $100,000 plus in Q4 2021.

When I do the math, I get a peak of $200,000 in November/December of 2021. I have gone on record as predicting a high of $222,222 prior to 2/22/2022, but that's a bit tongue in cheek.

I think your estimate is a good one.

My retirement plan is based on the 4 year cycle.

Atleast you can sell at the high range i guess (21/22 25/26 29/30) and the option to buy back some corns later on. (23/24 26/27 31/32).

realr0ach

sr. member

Activity: 924

Merit: 311

#TheGoyimKnow

Quote from: DaRude on November 05, 2019, 02:44:21 PM

don't want to be with r0ach on the ignore list you got to cite you sources like the big boys do

Zero evidence of c02-induced climate change, shitters.

https://arxiv.org/pdf/1907.00165.pdf

DaRude

legendary

Activity: 2833

Merit: 1851

In order to dump coins one must have coins

Quote from: ðºÞæ on November 05, 2019, 02:33:13 PM

Quote from: DaRude on November 05, 2019, 02:04:14 PM

Dave died alone and poor with no assets

Wrong, Dave had 350,000 BTC which his idiot brother disposed of.

Quote from: DaRude on November 05, 2019, 02:04:14 PM

half of all of IP

how much is half of 0, CSW has zero IP this days

First of all learn to use quotes, then if you want to be taken seriously and don't want to be with r0ach on the ignore list you got to cite you sources like the big boys do (and please no more coingeek, i already lost few IQ points from that site today)

Edit: Or is that BSv new stance? Ok you got us the whole tulip trust we were pushing for few years was a complete lie, but now check this out, what really happened is umm Dave had the coins the whole time, and Ira deleted them so Faketoshi doesn't owe him anything! And then aliens came and declared CSW Satoshi!! I love smell of desperation early in the morning Grin

OgNasty

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Activity: 4760

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Leading Crypto Sports Betting & Casino Platform

Quote from: LFC_Bitcoin on November 04, 2019, 04:56:56 PM

Quote from: OgNasty on November 04, 2019, 04:35:36 PM

I'm amazed how many people still haven't figured out the 4-year cycle and hang on the daily price movements... I guess there's some truth to what they say, math is hard.

Og, I’d be interested to get your prediction of a top for the next parabolic pump & an estimated date.

I think $100,000 plus in Q4 2021.

When I do the math, I get a peak of $200,000 in November/December of 2021. I have gone on record as predicting a high of $222,222 prior to 2/22/2022, but that's a bit tongue in cheek.

I think your estimate is a good one.

LFC_Bitcoin

legendary

Activity: 3556

Merit: 9709

#1 VIP Crypto Casino

Throwing signs again

ðºÞæ

sr. member

Activity: 1176

Merit: 297

Bitcoin © Maximalist

Quote from: DaRude on November 05, 2019, 02:04:14 PM

Quote

Dave died alone and poor with no assets

Wrong, Dave had 350,000 BTC which his idiot brother disposed of.

Quote

half of all of IP

how much is half of 0, CSW has zero IP this days

realr0ach

sr. member

Activity: 924

Merit: 311

#TheGoyimKnow

AHAHAHA

Seriously, fuck you all. Anyone who supports anything 'blockchain' related at this point instead of physical metals is a braindead idiot.

#1 - ANY token that's non-fungible will ALWAYS be a permissioned ledger, government surveillance grid and slavery system in the end.

#2 - It's not possible to create a decentralized digital shitcoin in the first place because transaction validators are always designed to centralize.

#3 - It's not possible to create a fungible digital shitcoin even if you mix outputs because some idiot will always want to feature creep the protocol or some other arbitrary change/security alteration.

DaRude

legendary

Activity: 2833

Merit: 1851

In order to dump coins one must have coins

Quote from: jbreher on November 05, 2019, 03:44:39 AM

Quote from: DaRude on November 04, 2019, 01:00:28 PM

Quote from: jbreher on November 04, 2019, 02:46:12 AM

Quote from: DaRude on November 03, 2019, 06:14:29 PM

Where you at BSv shills? jbreher?

Dunno why you're summoning me. I ain't got no dog in this fight. Do you?

I considered it a black swan event, Faketoshi claimed that once he gives Kleiman the coins he'll have to dump a big chunk of them just to cover taxes Cheesy

All appears just to be another lie on his way to becoming irrelevant, wanted to hear BSv shills comment on it so i summoned you, great bear/BSv supporter.

You seem to be suffering the commonly-shared echo chamber delusion that CSW and BSV are one and the same. They are not.

Quote

But if even you can't put a positive spin on this

I have no reason to put any spin on this whatsoever.
Though I will point to this: https://coingeek.com/calvin-ayre-passes-on-buying-dave-kleiman-estate-because-it-holds-no-assets/
Yeah, it's CoinGeek. May or may not be true. But it is potentially relevant, if true.

I don't know why anyone is particularly astonished that CSW did not cough up half a billion bux to Ira. He has been consistent all along in stating that he will have no access to the Tulip Trust funds until such time as the keys become available to him - which I believe has been stated to be early 2020. Whether true or not, that has been the claim since years. He obviously can't transfer something he does not possess.

In the meantime, popcorn consumption is epic.

Oh, are they already in the cut Faketoshi off cause he's more of a liability than an asset stage?? Must've missed the memo, but if BSv separates from Faketoshi, they're just another shitcoin without even a claim to Satoshi, is it time for Faketoshi to start BSVclassic™?

That article was a good laugh. So after CSW reached a good faith non-binding agreement with Dave's estate and represented that he had the means to finance that settlement, in parallel, Ayre (the dude who's bankrolling BSv and CSW) commenced a separate good-faith negotiations to acquire that estate?!? Cheesy

Dave died alone and poor with no assets except for the judge's ruling that CSW hand him BTC500.000 and half of all of IP before Dave's death. After very thorough investigations by his lawyers Ayre realized that "legal analysis that concluded the estate holds no significant assets." Then oddly out of context Ayre's article felt the need to clarify that his own clown investigation is separate from CSWs non-binding settlement Huh

Quote

Craig Wright was never a party to these negotiations and any suggestion that contradicts this is a factual misrepresentation.

It just gets more hilarious after that, and to finish off Ayre felt the need to once again drill in that his retarded negotiations are not related to agreement that CSW reached with the estate.

Quote

At no point was any agreement entered into in these negotiations by Ayre or anyone else. Any suggestion that there was a misrepresentation of facts and possibly libelous.

At this point i ran out of popcorn

LUCKMCFLY

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Leading Crypto Sports Betting & Casino Platform

Quote from: JayJuanGee on November 05, 2019, 12:02:32 PM

Quote from: LUCKMCFLY on November 05, 2019, 09:02:30 AM

Well waiting for bullish confirmation ..

Quote

$BTC - not really updated the Renko chart, because nothing has changed. Still one solid level that needs to be flipped until I can get excited. $8.6k remains the level that would need to hold if downside pressure is applied. Advantage for bulls, HULL says uptrend.

Source: @ColdBloodShill

Quote

According to a recent Renko candle chart from analyst Cold Blooded Shiller, Bitcoin remains in an uptrend formation. While they argued that the chart implies that Bitcoin will need to flip a resistance level in the high-$9,000s into a support level, they noted that the HULL implies that the uptrend for the cryptocurrency is still intact, even in spite of the slowdown seen over the past few days.

Source: https://en.ethereumworldnews.com/bitcoin-uptrend-intact-price-needs-to-flip-high-9000s-resistance/

I am a little puzzled about why ethereum folks are wanting to write about bitcoin? Coattail hanger on-ers?

Everyone, even the shitcoiners, know that they have to watch bitcoin first?

They may be looking forpersonal growth, I think they are aware that they must first verify Bitcoin, so that their analysis does not invalidate so quickly, if Bitcoin goes up, the shitcoins still go down a bit, because nobody wants to lose the good Bitcoin movement and quickly for sell their shitcoins to buy bitcoin, then They start with their analysis, I imagine. At the level of market speculation, it is the most logical thing, now shitcoin investors are more strikeouts.

realr0ach

sr. member

Activity: 924

Merit: 311

#TheGoyimKnow

Anyone notice the kikes at the ESF have been relentlessly trying to align gold, silver, platinum, and bitcoin all to the same rise and fall cycles in order to attempt to make the stock market Ponzi and Jewish fiat note Ponzi look better? As if the markets of silver vs platinum have anything in common, let alone silver or platinum vs Bitcoin.

None of these markets should trade correlated whatsoever, so by attempting to cause a fake correlation, all they do is show how rigged and fake the entire market is causing extreme lack of confidence in markets when their manipulation is supposed to raise it. You have 90-100 IQ ESF manipulators trying to paint the tape make believing it's not going to be spotted by the truckloads of 120-140 IQ+ traders roaming all over the planet.

BitcoinGirl.Club

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Activity: 2800

Merit: 2736

Farewell LEO: o_e_l_e_o

Fellas! CL time!
Barcelona vs Slavia Prague

Gyrsur

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Bitcoin Legal Tender Countries: 2 of 206

^^ I'll bet roach lost all his BTC at Mt.Gox in 2014. I'm pretty sure about! Wink

Quote from: Last of the V8s on November 05, 2019, 12:03:05 PM

wtf Gyrsur you nonce piss off cunt

I feel you! #nohomo

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 9007. (Read 26644455 times)