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

[psycodad]

My doc once told me to use 50-100cm of very thick electric cables (like the ones that run into a house) instead of a baseball bat. He said the bat slips down the bone and doesn't crack it, while the installation cable winds around bones and makes sure they crack nicely (also seems to hurt a bit more). Trusting my doc on this and got myself some fat cables from my electrician friend

OMG I guess you're called psycodad for a reason...

My inquiring mind now torments itself about the question if it is because I seek to break bones of a criminal burglar looking to steel my valuables or if it is because I see a doctor that also gives unconvential security advice in the first place ??

Actually, I am named after Alfred Bundys western hero, though it comes from a time when logins were restricted to 8 chars, hence the omission of the grammatically correct ch.

[OutOfMemory]

Ok, I'm posting a cat picture.



Or not.

So no it works again, This is a weird day for me.

Arrie!  It has a red dildo in the foreground, damnit!

Looks more like a red buttplug (on a handy stick for sitting on)

You had to go there?  

I see a pussy pic and you see..


oh well...

Don't put me to fault here, JJG.
A close friend of mine had a very disturbing, traumatizing experience two decades ago.
I can only tell so much that one of our friends in his bathroom and a toilet brush were involved.
Trust me, you don't want to know and i don't want to recall the images i made up in my mind too often when he told me the story.
Only thing i can say is that i have to think of this certain event whenever i see things on a thin stick.
So, yes, i'm sorry but my subconsciousness made me go there...  

This time PlanB isn’t on point anymore, but I expected him to fall of the rails sooner or later with the S2F chart… it still is an interesting model, but nothing follows an exact model….

I recall PlanB said that a model is a model because it will break for sure at some point in time.
He was about sure that S2F will break next cycle, maybe even within the currrent one.
So, seems he was right in the end.

My doc once told me to use 50-100cm of very thick electric cables (like the ones that run into a house) instead of a baseball bat. He said the bat slips down the bone and doesn't crack it, while the installation cable winds around bones and makes sure they crack nicely (also seems to hurt a bit more). Trusting my doc on this and got myself some fat cables from my electrician friend

OMG I guess you're called psycodad for a reason...

My inquiring mind now torments itself about the question if it is because I seek to break bones of a criminal burglar looking to steel my valuables or if it is because I see a doctor that also gives unconvential security advice in the first place ??

Actually, I am named after Alfred Bundys western hero, though it comes from a time when logins were restricted to 8 chars, hence the omission of the grammatically correct ch.

Everything that's behaving like a spring does even better. The floret (thin sword for fencing) makes use of this effect.
Any thin, springy stick made of steel will work. It's the whiplash-type acceleration that makes bones crack with less power effort.
Never tried a metal spring, like the ones used on big trampolines, but they should work as long as you are prepared for the hit along the length of the spring, when it's slapping back again. Once there was a "defense tool", which was basically a 1 foot long metal spring with a small iron ball at the opponents end. It got banned for a reason.

Me, I wasn't that lucky unfortunately so I'll just stay here for a while. I have raised all my sell orders from ~50k to 80k a while ago (some WOers clairvoyant granny's prediction remember?  ).

I think it was 600Watt?

[ChartBuddy]

Explanation

[eXPHorizon]

https://www.youtube.com/watch?v=lEaTnztV6OA

CANT WAIT !

EVERYTHING IS FEEBLE IN COMPARISON

Untill it is up in the Void. We could only hear and observe glimpses of space.. WITH THIS, it will be a whole new thing !


But you know.. dont count your chickens before they hatch :S


But you know.. Space X is more important and bigger lmfao ( its a copy paste of NASA and creating nothing but space rubble) and its Rocket Launches are INSANEEEEEEEE. NOT hahahahahah, not a single Rocket was long enough in space to be tested. SpaceX Rockets would fall apart after a short period in the void


What many do not get. Creating new Money will not solve any problems it will create new ones. Fixing Society is the answer, Society will fix money on its own then.

[ChartBuddy]

Explanation

[serveria.com]

Ok, I'm posting a cat picture.



Or not.

So no it works again, This is a weird day for me.

Arrie!  It has a red dildo in the foreground, damnit!

Looks more like a red buttplug (on a handy stick for sitting on)

You had to go there?  

I see a pussy pic and you see..


oh well...

Don't put me to fault here, JJG.
A close friend of mine had a very disturbing, traumatizing experience two decades ago.
I can only tell so much that one of our friends in his bathroom and a toilet brush were involved.
Trust me, you don't want to know and i don't want to recall the images i made up in my mind too often when he told me the story.
Only thing i can say is that i have to think of this certain event whenever i see things on a thin stick.
So, yes, i'm sorry but my subconsciousness made me go there...  

This time PlanB isn’t on point anymore, but I expected him to fall of the rails sooner or later with the S2F chart… it still is an interesting model, but nothing follows an exact model….

I recall PlanB said that a model is a model because it will break for sure at some point in time.
He was about sure that S2F will break next cycle, maybe even within the currrent one.
So, seems he was right in the end.

My doc once told me to use 50-100cm of very thick electric cables (like the ones that run into a house) instead of a baseball bat. He said the bat slips down the bone and doesn't crack it, while the installation cable winds around bones and makes sure they crack nicely (also seems to hurt a bit more). Trusting my doc on this and got myself some fat cables from my electrician friend

OMG I guess you're called psycodad for a reason...

My inquiring mind now torments itself about the question if it is because I seek to break bones of a criminal burglar looking to steel my valuables or if it is because I see a doctor that also gives unconvential security advice in the first place ??

Actually, I am named after Alfred Bundys western hero, though it comes from a time when logins were restricted to 8 chars, hence the omission of the grammatically correct ch.

Everything that's behaving like a spring does even better. The floret (thin sword for fencing) makes use of this effect.
Any thin, springy stick made of steel will work. It's the whiplash-type acceleration that makes bones crack with less power effort.
Never tried a metal spring, like the ones used on big trampolines, but they should work as long as you are prepared for the hit along the length of the spring, when it's slapping back again. Once there was a "defense tool", which was basically a 1 foot long metal spring with a small iron ball at the opponents end. It got banned for a reason.

Me, I wasn't that lucky unfortunately so I'll just stay here for a while. I have raised all my sell orders from ~50k to 80k a while ago (some WOers clairvoyant granny's prediction remember?  ).

I think it was 600Watt?

That's right, it was him! Btw haven't seen him here for a while... 

[cAPSLOCK]

End of year/beginning of new year prediction:

Some well-known entity or person is going to announce a sizeable bitcoin acquisition. It could be Elon Musk (again), Jack, M. Saylor, Ark Invest, or some other notable person or company we haven't heard about yet.

It'll either happen right before 2021 ends, or shortly after 2022 begins.

Just leaving this here for the funzies.

You think the price action is in part reflecting that "work" currently being done?

[serveria.com]

Meanwhile: $47k turning into a new $50k? 

[Torque]

End of year/beginning of new year prediction:

Some well-known entity or person is going to announce a sizeable bitcoin acquisition. It could be Elon Musk (again), Jack, M. Saylor, Ark Invest, or some other notable person or company we haven't heard about yet.

It'll either happen right before 2021 ends, or shortly after 2022 begins.

Just leaving this here for the funzies.

You think the price action is in part reflecting that "work" currently being done?

Yes.

Wealthy elites, entities, and funds don't buy assets on-market and at high prices. They buy OTC, below spot when the asset is undervalued, and their whale connections help them to do it.

[cAPSLOCK]

Despite the price-based technical analysis looking shaky today, retail accumulation continues...



https://twitter.com/woonomic/status/1470777764886495233

I do not have access to data ANYTHING like Mr. Woo, but I am NOT seeing this retail volume anywhere...  Wonder what exchange(s) he is using, and I am assuming he must be using USD volume not BTC volume.  This "dip" looks NOTHING like March 2020 to me.

[JayJuanGee]

Despite the price-based technical analysis looking shaky today, retail accumulation continues...



https://twitter.com/woonomic/status/1470777764886495233

To me it seems a bit difficult to make real solid conclusions in regards to that kind of data and to really assert that retail seems to be buying BTC. 

For sure, many of us would like to see some increases in the buying and getting started in BTC activities of retail, especially since we have seen quite a few examples in the past year and a half of guys like Michael Saylor educating institutional investors about the value of hoarding.. and even really seeming to lead by example, too.

Based on Saylor's conduct retail would not be locked out of buying BTC, but his conduct does seem to cause greater levels of urgency in terms of getting in early and potentially accelerating BTC's rise UPpity.

Yeah, we can also appreciate that our UPpity in the past year has not really been as spectacular as some of us had expected so far, so there continue to be questions in regard to whether this run is over, and surely some of the BTC price action of recent times, including a pretty decently sized dip of 39% that still does not seem inclined to stop can become a wee bit disheartening for some people. .though I would still argue that newbies to bitcoin should be happy about this little pause in UPpity, even if we were to end up getting more corrections that go further than our already 39%.. and geez getting another 56% dip from the $69k top (which would be right around $30k) (like we had in May/June/July could cause quite a bit of shakening of weak hands and worry about whether this run is actually over...

Regarding the willywoo link above there were a couple more tweets from woo to attempt to further explain the data of the graph and surely just a few interesting replies to the tweets too.. such as the ongoing buying does seem to allow greater odds for our run to be continuing yet in any event, even if the data ends up being correct in terms of retail continuing to buy, we can never have a whole hell of a lot of confidence regarding some momentum continuing until maybe we start to see the price go back up into the $50ks and maybe we have to even get into the upper $50ks to really start to get some confidence coming back.

[ChartBuddy]

Explanation

[Gachapin]

Despite the price-based technical analysis looking shaky today, retail accumulation continues...



https://twitter.com/woonomic/status/1470777764886495233

I do not have access to data ANYTHING like Mr. Woo, but I am NOT seeing this retail volume anywhere...  Wonder what exchange(s) he is using, and I am assuming he must be using USD volume not BTC volume.  This "dip" looks NOTHING like March 2020 to me.

Mr. Woo's conclusions are mainly worthless SOMA stuff, while he is acting like a super intelligent pro.
He probably makes good money that way
A little bit like Tone Vays but way worse..

[cAPSLOCK]

End of year/beginning of new year prediction:

Some well-known entity or person is going to announce a sizeable bitcoin acquisition. It could be Elon Musk (again), Jack, M. Saylor, Ark Invest, or some other notable person or company we haven't heard about yet.

It'll either happen right before 2021 ends, or shortly after 2022 begins.

Just leaving this here for the funzies.

You think the price action is in part reflecting that "work" currently being done?

Yes.

Wealthy elites, entities, and funds don't buy assets on-market and at high prices. They buy OTC, below spot when the asset is undervalued, and their whale connections help them to do it.

I agree with your assessment... and I think we will see much much more of this.  But it is interesting to me to see if this ultra organic asset with a real limited and known supply will be endlessly manipulable like paper gold.  I have a feeling physical gold being sequestered to <God knows where> is an integral part of how this trick works.  With a ephemeral bearer asset I think the kind of shenanigans needed to run this rope-a-dope are in jeopardy, perhaps.

This is a new frontier, I think. A fun time to be alive for sure.

[JayJuanGee]

Me, I wasn't that lucky unfortunately so I'll just stay here for a while. I have raised all my sell orders from ~50k to 80k a while ago (some WOers clairvoyant granny's prediction remember?  ).

I think it was 600Watt?

You see OOM.  Your memory is not that bad.  I had not recalled the meaning of the "clairvoyant granny" referent until you mentioned 600watt, and now my memory has been refreshed in that direction too.

It's like each of us remember different things, and then there can be some power within some of the crowd sourcing matters, even though I am still waiting for the power of the crowd to give me some kind of a solution to my question regarding why I cannot set BTC sell orders above $100k on BinanceUS... and really, my problem with that particular issue is not really seeming as urgent in recent times anyhow.

End of year/beginning of new year prediction:

Some well-known entity or person is going to announce a sizeable bitcoin acquisition. It could be Elon Musk (again), Jack, M. Saylor, Ark Invest, or some other notable person or company we haven't heard about yet.

It'll either happen right before 2021 ends, or shortly after 2022 begins.

Just leaving this here for the funzies.

You think the price action is in part reflecting that "work" currently being done?

Yes.

Wealthy elites, entities, and funds don't buy assets on-market and at high prices. They buy OTC, below spot when the asset is undervalued, and their whale connections help them to do it.

I do believe that you make a decently good point here Torque in terms of the goals of many larger investors is to strive to be ahead of the curve, and surely even in bitcoin some of them can play the game right to be able to get their little side deals and special treatment.

It likely has also been the case that a lot of the BIG entities have been way the hell too greedy and even underestimated bitcoin in several ways and they have become frustrated with several aspects in which they are not really able to easily shake a lot of the longer term HODLers from their coins - and especially NOT to the degree that they wished that they were able to accomplish such shakening.. so there are several times in which some of the BIGGER players had been forced to buy whatever BTC they do have at higher prices than they would have wanted to and surely some of them do get locked out of BTC's price appreciation because they are too smart for their own good (too smart by a half as Greg Foss likes to say)...

Even in recent times we have examples of such dynamics in which the BIG players got fucked... Hey Torque think about it.. this might be one of the areas that you and I might be able to come closer in resolving because it seems to me that you frequently want to presume that some of these BIGGER players are able to get their way, and I am sure that you agree that sometimes they get fucked in terms of the level of their greed, and you and I can agree to both be somewhat gleeful about their getting fucked by bitcoin way more frequently than they are either used to or that they would prefer.  

So anyhow back on track and back to my story, my assertion remains that a lot of these privileged fucktwat manipulators were thinking that they were going to get BTC prices below $28,600 in May/June/July and perhaps even below $20k and even into the $15k arena.. similar to their thinking that they were going to be able to get sub $2k coins and maybe as low as lower $1ks in late 2018 and into 2019.. but both times they got fucked royally up the ass by UPpity BTC price performance.. and so this time around they are still hoping to get into BTC with sub $28,600 coins, and really I have my doubts about whether their quench will be satisfied.. maybe some of them are like Raja_MBZ and waiting for the spot price to meet the 200 week moving average, which is currently in the $18,500 arena and will soon be moving above $20k.. and sure anything is possible.. but I would still bet that the odds are not so highly in their favor as they would like and there are pretty decent odds that they are going to get fucked again, especially if they continue with those kinds of greedy expectations.. yeah they have futures and they have some new additional financial shorting tools that allow them to push the BTC price down without putting any BTC on the table, but are they really going to be successful or willing to loose that much money (even if they might have seemingly unlimited amounts of money) when the BTC price moves against their manipulation attempts?

Of course, retail is doing way better with BTC than they have been able to do with various traditional investments, and that contributes to causing even more resentment from some of the BIG players who really want to screw retail.. and they have been continuing to be as successful as they would like to be.. and don't get me wrong, I am not conceding that the haves do not have the ability to profit way more than the have nots, but there are plenty of them that remain too greedy by a half (Foss) and normies are also still able to get into bitcoin and to figure out ways to profit way more than they have historically been able to profit by any kind of prior investments that were difficult for them to get into.. and yeah of course we have the greatest wealth transfer going on too.. and so surely in the short term, some normies can get reckt by that too if they do not learn how to approach their BTC investment in terms of prioritizing buying, accumulating and HODLing for several years and riding out some of the shorter term attempts at DOWNity manipulation that may or may not end up being successful for those who are used to getting their ways in regards to finances/investments and getting/staying richie.

[d_eddie]

I think we will see much much more of this.  But it is interesting to me to see if this ultra organic asset with a real limited and known supply will be endlessly manipulable like paper gold.

The asset itself is as hard as can be, but there are ways.

Easy naked shorting, for example. Or paper buildings built on top a hard foundation, maybe. Options, futures, all kinds of derivatives. Or ETFs built on top of that, possibly. How peculiar that the only ETFs approved in the USA are paper based. Because regulated market safu, of course.

This is a new frontier, I think. A fun time to be alive for sure.

How to disagree on this?

[JayJuanGee]

I think we will see much much more of this.  But it is interesting to me to see if this ultra organic asset with a real limited and known supply will be endlessly manipulable like paper gold.

The asset itself is as hard as can be, but there are ways.

Easy naked shorting, for example. Or paper buildings built on top a hard foundation, maybe. Options, futures, all kinds of derivatives. Or ETFs built on top of that, possibly. How peculiar that the only ETFs approved in the USA are paper based. Because regulated market safu, of course.

This is a new frontier, I think. A fun time to be alive for sure.

How to disagree on this?

Your negative nancy is coming out d_eddie....

[d_eddie]

It's just that mommy told me about the evil ways of the world.

[ChartBuddy]

Explanation

[El duderino_]

Ant

Ser