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

[LUCKMCFLY]

Many positions in Longs ... Maybe the offer does not appear in the levels...

Someone is longing the hell out of bitcoin.

Source: https://twitter.com/zackvoell/status/1204406439160242177

While looking at the chart that Voell referenced above, it is clear that there is an inverse correlation between long/short positions and price movements, as long positions dived to multi-year lows in March of 2019 when BTC was trading at yearly lows in the $3,000 region, just before it began a massive rally up to $13,800.

Source: https://www.newsbtc.com/2019/12/10/bitcoin-longs-are-rising-rapidly-today-but-why-is-its-price-not-moving/

[jbreher]

https://asktom.cf/index.php?topic=5198154.msg53272496#msg53272496
 

I find it rather comforting to learn that 'Column J' has stayed well within a two-order-of-magnitude range over the listed date range.

Err...

Column J is short for Column Jbreher.

Well, it does roughly approximate my effort spent on all things Bitcoin. Though it seems to be omitting the early involvement.

[Icygreen]

Many positions in Longs ... Maybe the offer does not appear in the levels...

Someone is longing the hell out of bitcoin.

Source: https://twitter.com/zackvoell/status/1204406439160242177

While looking at the chart that Voell referenced above, it is clear that there is an inverse correlation between long/short positions and price movements, as long positions dived to multi-year lows in March of 2019 when BTC was trading at yearly lows in the $3,000 region, just before it began a massive rally up to $13,800.

Source: https://www.newsbtc.com/2019/12/10/bitcoin-longs-are-rising-rapidly-today-but-why-is-its-price-not-moving/

I've been watching bitfinex longs for awhile since it's the only dildo action out there but I'm starting to think that it may be more like a fishing lure than a metric to go by.
Too long, too strong and no other exchanges to compare by.  For these reasons I'm preparing more heavily for down and loading the exchange with fresh ammo compliments of Christmas shoppers. TYVM!
I'd be delighted to be wrong and perfectly ok to buy higher if price is convincing.

[Bitcoinaire]

This homeless guy lays out some information about tether and bitfinex finally collapsing...
Intriguing...
https://www.youtube.com/watch?v=B2Kn6GEBwaM

[Hueristic]

This homeless guy lays out some information about tether and bitfinex finally collapsing...
Intriguing...
https://www.youtube.com/watch?v=B2Kn6GEBwaM

It's been amusing viewing while we Bart out.

MMA Fight Is On! Chico Crypto vs Charles Hoskinson - REAL
https://www.youtube.com/watch?v=gAKN7hnBaXw

Massive clickbait ^^^


I like this chico guy.

[Bitcoinaire]

This homeless guy lays out some information about tether and bitfinex finally collapsing...
Intriguing...
https://www.youtube.com/watch?v=B2Kn6GEBwaM

It's been amusing viewing while we Bart out.

MMA Fight Is On! Chico Crypto vs Charles Hoskinson - REAL
https://www.youtube.com/watch?v=gAKN7hnBaXw

Massive clickbait ^^^


I like this chico guy.

Lol, I'll watch it if it ACTUALLY goes down!

[Icygreen]

This homeless guy lays out some information about tether and bitfinex finally collapsing...
Intriguing...
https://www.youtube.com/watch?v=B2Kn6GEBwaM

Again with a solid looking bit of research. Gonna have to put some more eyes on this dood!  Not ok with the title however. Anyone who suggests price movements in their vid title get a critical stink eye regardless of content.

[jbreher]

Do you know what happens on the eleventh and 12th year? I could only find for the 1-10 year cycle.

Assuming it is a cycle, repeat 1 to 10 for the 20 year cycle?

https://www.quora.com/What-is-W-D-Gann-time-cycle-its-application-in-stock-market

Yeah. After ten years, it does it a-Gann. Hence the name.

[Paashaas]

Meanwhile, in sh!tcoin world:

Last week, Richard Heart made millions with his HEX scam. Not a single warning from scammer Vitalik...

Scammer Roger Ver promoted BitClub while the people behind it where charged in a $722 million cryptocurrency Fraud. Roger trying to wash his hands with innocent just like he did with MT Gox.

Link with Roger with the BitClub scammers.

[jojo69]

I like this chico guy.

yeah, he distracts you with the 'just did a huge bong hit' manner and then drops bombs like a fuckin' B17 yo

[Icygreen]

I like this chico guy.

yeah, he distracts you with the 'just did a huge bong hit' manner and then drops bombs like a fuckin' B17 yo

The fight is off and Chico gets flamed pretty hard starting at 38:02
https://youtu.be/-V7EYkSqw7c
Pretty much a full stop on Chico after watching this.

Speaking of reputations, also watched Giacomo Zucco troll Richard Heart which was funny but then Peter McCormick sneaks onto the show and Richard tears him a new asshole. Dayyym, Reputatation stains, ouch.
https://youtu.be/RY1KoQXM-R0

Walked away with a slightly better opinion on Richard, less of one with Peter and a new like for Giacomo.

Help, I stepped in the poop!

[xhomerx10]

I apologize in advance for my next post.

[xhomerx10]

An earlier glimpse of mic's hats.

^^


WHICH one gotta wear tomorrow ?

Somewhere I made a post about eating my hat if blahblah happened with a picture of a cake hat. This no doubt precedes Hairy's attempts.
No doubt whatsoever.

Anyway I take it all back none of that matters, it was just so cool of xhomerx10 to design that genesis hat. What were you thinking, comrade?

 What was I thinking? 

I was working my 3rd x 12 hour night shift in a row.  I went for coffee early in the morning, checked in on the WO thread and saw a bit of excitement brewing so I checked the charts and got a little excited myself when I saw the big green dildo (noHomo)
 
 

WTF is happening?  Anybody know the reason for the big green dildo?
 
 

 Yes, my hairdresser bought Some BTC’s this morning  

 Then I saw this post
 
 

SEV UHN GRAND!
 
 SEV UHN GRAND!
 
 SEV UHN GRAND!
 
 
 WHOOOO'S WITH MEEEEEEE?

 Which got me even more excited... and even though I HATE trying to post anything in the WO with my phone, I managed to find an image, and post it with absolutely no modifications at all and micgoossens called me out on it -
 
 

 
 Edit: trying to post from my phone... sorry no proper image tools
 

 Good good .... Then for once you can’t outperform all the rest

Even though I knew he was joking, I felt the need to do something extraordinary to redeem myself once I returned home from work.   Later on that morning...
 
 

Lol apparently BfX has said deposits / withdrawals resume tomorrow.  Unconfirmed rumor.  It’s not on their Twitter.  
 
 
 

 have you ever eaten a hat?

 

Well that depends.  What sort of hat?

your own. full of doomy predictions and other rubbish

Lol apparently BfX has said deposits / withdrawals resume tomorrow.  Unconfirmed rumor.  It’s not on their Twitter.  

have you ever eaten a hat?

Free Hat!

~snip
There ain't no such thing as a free hat. This will end doomily. Wait for it.

Then it hit me: about a month earlier, micgoossens had posted a bear and a bull hat (and also a fuckin' squirrel hat) so with all the hat talk and Mr MicG's penchant for hats, I knew I had to do something with a hat.  I searched for hats with a "G" on them and found them at Goorin Bros but I was still at work.  I was worried it might be a stale joke by the time I got home and was able to make something.
 I got home around 8am and began searching for the hat I was going to use.  My plan was to make a hat for HairyMaclairy to "eat" and I see this post:

maybe Kucoin has their own vested intenrest in feeding the tether fud.  

Precisely.  It's all whale games.

Give this man a new hat. 

The hat theme persists!  I need to hurry.
 Then MicG makes another hat post
 
 

maybe Kucoin has their own vested intenrest in feeding the tether fud.  
 

 Precisely.  It's all whale games.
 
 Give this man a new hat. 
 

 wich one, i got a few hat's.
 
 

This hat idea was obviously meant to be.  I had found the hat to use and was looking for a larger sized image of a monkey tossing darts.
 
 

Where did you get the hats Mic?

Where did you get the hats Mic?

Bought them in Mallorca and barca....

BUT ONLINE

https://store.goorin.com/mens-hats/featured/top-sellers

Goorin brothers hats .....

I was glad to see the hat theme being refreshed since it would make my post seem relevant even though it came many hours after the fact.  I intended to reply to a different post (ie HairyMaclairy's "What sort of hat?" post) but I was really tired and this one presented itself.  It wasn't until later that I realised it was Hairy saying "Give this man a new hat." so it didn't actually seem like I had given it to Hairy but it was his avatar...

maybe Kucoin has their own vested intenrest in feeding the tether fud.  

Precisely.  It's all whale games.

Give this man a new hat.  

 


edit:

Edit: trying to post from my phone... sorry no proper image tools

Good good .... Then for once you can’t outperform all the rest

 I'm home

The "I'm home " was meant for MicG - he knew it and I felt that I had redeemed myself and had also demonstrated that there was such a thing as a free hat.  Then I went for a much needed sleep.
 Later that evening while reading through the thread, I saw this...
 
 

Volume is still looking nice.
 

 People seem confused and disorientated. Like they just got hit on the head with a hammer, while wearing a hat, before eating it.

...and immediately thought, "Rosewater needs a hat!"

 While I was making it, he posted this:
 
 

Volume is still looking nice.
 

 People seem confused and disorientated. Like they just got hit on the head with a hammer, while wearing a hat, before eating it.
 

 Something is wrong with the mayor. seems confused. too much herb?
 

 He's fine. He's right where I left him. Wrapped in plastic.
 
 Now, can we please stay on topic.
 
 I'm trying to think!

  Which was my segue for posting his hat. (I said it was a thinking cap)
  I made one the same night for JJG because he made me LOL with his shitposting cat gif saying "Get out of my way V8!" (what the hell, it's already a huge post)
 
 

 

  jjg-
 

 
  Get out of my way, V8!!!!!!
 
 
 
 
 

 The thought of the hat as an avatar hadn't even crossed my mind but I saw JJG posted this:
 
 

jjg-
 

 Get out of my way, V8!!!!!!
 
 
 

  That cat made me laugh; you get a hat too!
 
 
 

 Almost makes me feel like changing my avatar...

 and a bit later, Rosewater posted this:
 

You need to be fast if you wanna beat a V8 to a post ....

Pft. All salience, no hat.

I believe Rosewater had resized the hat to fit the avatar dimensions and was the first one to use it as an avatar.  There was a bit more banter about the hats between V8, Rosewater and Hairy and then micgoossens posted this:
 

 

  ^
  The hats are F***ing beautyfull
 
  Nice work xhomerx ...... very Nice 

At that point I could not stop.  The hat avatars were well received, I got a lot of support (especially from micgoossens who kept track of who needed a hat) and praise and I really enjoyed making them - I still do! - it's a lot of fun.  Sometimes searching for larger versions of avatars led me down some really strange paths but your secrets are safe with me... mainly due to my Alzheimer's.   I cannot believe VB1001 created the wohats.com site for us.  That's the icing on the Wall Observer cake.

[xhomerx10]

I like this chico guy.

yeah, he distracts you with the 'just did a huge bong hit' manner and then drops bombs like a fuckin' B17 yo

 I was also distracted by his new homeless look.

[bitserve]

...

Even though I knew he was joking, I felt the need to do something extraordinary to redeem myself once I returned home from work.   Later on that morning...
 
...

And indeed you did

Awesome story. Now the "Legend" of the WO hats is perfectly documented (with VB1001's effort) for posterity from all points of view.

You have surely given us a colourful gift to endure what would have otherwise been a dark and very boring crypto winter. Thanks for that!


P.S.: Now that I think about it, my hat is probably the darkest and least colourful of all hats to date... but I am the only one to blame for that lol

[bitserve]

I hope BMB is doing OK  

Really hope so.

I was never quite sure if he REALLY had sold all or most of his BTC at around $3K-$4K. I really hope he didn't or that he rebought soon after before the big bounce.

[Bitcoinaire]

I hope BMB is doing OK  

Really hope so.

I was never quite sure if he REALLY had sold all or most of his BTC at around $3K-$4K. I really hope he didn't or that he rebought soon after before the big bounce.

I agree.

We had all this "front running" talk in the early/middle of the year and it looks like it may be longer cycles now. Really hard to tell. But the damn halving is around the corner...

[VB1001]

This is what I expected and I did not dare to ask you, you are very modest and I have never seen you want to appropriate the success of your hats, I am sure that it has not been easy for you to tell this part of the story.

Thanks xhomerx10.

Your explanation will help me to document more the history of the hats.

It would also help me if V8, Hairy and Micg explained their version, as you just did, then, yes, we would have material for the whole story and it would be completed with the version of each one.

Thx in advanced.

[Bossian]

Just like Bob (or whatever his name is) I am waiting for 6.5k. Thought I would wake up and see 6.9 or similar. Disappointed I have my November salary to withdraw and don't want to withdraw at 7.2... On the other hand a profit of 10-15% should be fairly easy from 6.5. I have 6.5 area on December 14 and its running late at the moment.

[Arriemoller]

What movie is that?