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

[Toxic2040]

Dip dip dip dip dip... get a job..shan na na na..sha a na na baa doom.
The Silhouettes
https://www.youtube.com/watch?v=ysKhbaLyIFw


Finding support at $7.25k? This is also a long period fib from last months sell off. How did all you knife catchers do?   
Would recommend patience while the market finds a direction...once again. #dyor

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[kingcolex]

Dip dip dip dip dip... get a job..shan na na na..sha a na na baa doom.
The Silhouettes
https://www.youtube.com/watch?v=ysKhbaLyIFw


Finding support at $7.25k? This is also a long period fib from last months sell off. How did all you knife catchers do?   
Would recommend patience while the market finds a direction...once again. #dyor

Yeah looks like 7300 is holding up, a hell of a sell off but could this be due to the "Asian Whale" in the news that moved a bunch of coins to an exchange a few days ago?

[jojo69]

bunch of whiny little bitches in here

bouncing along a local bart bottom

[Derpinheimer2]

Dip dip dip dip dip... get a job..shan na na na..sha a na na baa doom.
The Silhouettes
https://www.youtube.com/watch?v=ysKhbaLyIFw


Finding support at $7.25k? This is also a long period fib from last months sell off. How did all you knife catchers do?   
Would recommend patience while the market finds a direction...once again. #dyor

Yeah looks like 7300 is holding up, a hell of a sell off but could this be due to the "Asian Whale" in the news that moved a bunch of coins to an exchange a few days ago?

Nah man, its time for new lows. Market is dead. Below 7000 in 24 hours, below 6000 in 72 hours, below 5000 this time next week.  

[kingcolex]

Dip dip dip dip dip... get a job..shan na na na..sha a na na baa doom.
The Silhouettes
https://www.youtube.com/watch?v=ysKhbaLyIFw


Finding support at $7.25k? This is also a long period fib from last months sell off. How did all you knife catchers do?   
Would recommend patience while the market finds a direction...once again. #dyor

Yeah looks like 7300 is holding up, a hell of a sell off but could this be due to the "Asian Whale" in the news that moved a bunch of coins to an exchange a few days ago?

Nah man, its time for new lows. Market is dead. Below 7000 in 24 hours, below 6000 in 72 hours, below 5000 this time next week.  

Kay, I totally trust you oracle of the wall thread.

[bones261]

Dip dip dip dip dip... get a job..shan na na na..sha a na na baa doom.
The Silhouettes
https://www.youtube.com/watch?v=ysKhbaLyIFw


Finding support at $7.25k? This is also a long period fib from last months sell off. How did all you knife catchers do?  
Would recommend patience while the market finds a direction...once again. #dyor

Yeah looks like 7300 is holding up, a hell of a sell off but could this be due to the "Asian Whale" in the news that moved a bunch of coins to an exchange a few days ago?

Nah man, its time for new lows. Market is dead. Below 7000 in 24 hours, below 6000 in 72 hours, below 5000 this time next week.  

Kay, I totally trust you oracle of the wall thread.

Yes, based on this analysis, I going to deposit all funds to Bitmex, ASAP; go all in; take market order 100x leverage.  

[shahzadafzal]

Dip dip dip dip dip... get a job..shan na na na..sha a na na baa doom.
The Silhouettes
https://www.youtube.com/watch?v=ysKhbaLyIFw


Finding support at $7.25k? This is also a long period fib from last months sell off. How did all you knife catchers do?   
Would recommend patience while the market finds a direction...once again. #dyor

Yeah looks like 7300 is holding up, a hell of a sell off but could this be due to the "Asian Whale" in the news that moved a bunch of coins to an exchange a few days ago?

Nah man, its time for new lows. Market is dead. Below 7000 in 24 hours, below 6000 in 72 hours, below 5000 this time next week. 

[RejectedBanana]

I'm really thinking of quitting. Too tired of this. if 11K will ever happen i will quit(

Still kicking my ass for not dumping $1M @ $11.5k on the last bounce

At what point will you be kicking your ass for not reinvesting the millions you already cashed out back into Bitcoin?

Do you have that much more faith in fiat and your managed stock portfolio over Bitcoin these next few years?

Are trade wars and nationalism getting you harder than choo-choos and rocket ships ever did?

 

Bitcoin hashrate still climbing.

Bitcoin price still up +150% from 1 year ago.

SEC still being hammered with Bitcoin ETF applications.

Fidelity, Goldman, JP Morgan still proceeding with Bitcoin trading options.

The Commissioner of the US CFTC still calling Bitcoin an unstoppable technological revolution and modern miracle.

Bitcoin is dead. Long live Bitcoin!

[hodl_2015]

Here's an updated comparison of global energy consumption.

Banking: > $1,870B
Bitcoin: ~$3.5B

Bitcoin Energy Consumption Index
https://digiconomist.net/bitcoin-energy-consumption

Sounds about right. PDP-11 Power Requirements: 6kW each.
They could run there banking software on a more efficient raspberry-pi using a PDP-11 simulator, but I doubt they would bother.
Don't even start on the forests destroyed for making punch cards.
off-topic: I'm scraping together every last fiat coin if it does another dip.

[DaRude]

Finex leveraged longs are still at $700MM i wanna see them under $500MM. Can we absorb $200MM sell off?

[FractalUniverse]

Finex leveraged longs are still at $700MM i wanna see them under $500MM. Can we absorb $200MM sell off?

where can we see leveraged longs vs. shorts stats? all i found is just total leverage funding

[realr0ach]

Level 3 tactical bombardment of shitcoin walls authorized to destroy the scammers trying to distract the goyim away from sound money like physical silver and gold.  Godspeed.

[Wosterlee]

[realr0ach]

CFTC Comissioner Behnam:

Let me repeat that:  these currencies are not going away and they will proliferate to every economy and every part of the planet.  Some places, small economies, may become dependent on virtual assets for survival.  And, these currencies will be outside traditional monetary intermediaries, like government, banks, investors, ministries, or international organizations.

We are witnessing a technological revolution.  Perhaps we are witnessing a modern miracle.

And why does he say such nonsense praising shitcoins?  Because Fort Knox is empty of gold along with Canada and many other nations, so allowing them to hoist imaginary, valueless shitcoins on you instead is their last ditch effort in order to not be held responsible for all the theft and crimes they've done that would cause regime change and all of them to hang.  Plus they want to put you in a cashless society slave system anyway, and that's what this is.

The factions that believe they can actually get away with this are complete morons because no high rollers are interested in using shitcoins over gold and silver to safeguard their wealth.  When the shit hits the fan, the bankers are all going to hang no matter what type of shitcoin scams they try to replace metals with.  There are people willing to gamble with this garbage, but there's simply nobody of any real wealth or power willing to pretend gold and silver don't exist and take enormous risks for no reason trying to store their vast empire of wealth in imaginary shitcoins.

[realr0ach]

I hate to be a bear...I think we have a good chance of hitting 4900 -5200 in July to August. Hopefully that would form a bottom. Again it is anyone's guess.

https://i.imgur.com/yDwJNH5.jpg

The original r0ach call of flash crash to $3k then bounce to $4.2k-4.4k is still in play.  I'd like it to go to zero and just die so people can get back to sound money (silver and gold), but I fear it will likely bounce from the $3k flash crash and sideways in the $4xxx range for a while, then some pump and dumpers will attempt to pump and dump again after next halving.

[fragout]

They are upping their game.
 This is not just a Bart but a brand new formation which i shall name a Bart and Shoulders or in this case a reverse Bart and Shoulders.
At the moment, one shoulder and part of the head have formed.

[babanana]

CFTC Comissioner Behnam:

-snip cockroach nonsense-

-snip nonsense pic-

[Majormax]

I hate to be a bear...I think we have a good chance of hitting 4900 -5200 in July to August. Hopefully that would form a bottom. Again it is anyone's guess.

https://i.imgur.com/yDwJNH5.jpg

The original r0ach call of flash crash to $3k then bounce to $4.2k-4.4k is still in play.  I'd like it to go to zero and just die so people can get back to sound money (silver and gold), but I fear it will likely bounce from the $3k flash crash and sideways in the $4xxx range for a while, then some pump and dumpers will attempt to pump and dump again after next halving.

3k is going to take a year or two.  A flash crash would be more positive for the price as it would shake out weak hands and form a solid base.

Another 2000 similar pages of posts on this thread, and a slow rollercoaster downwards is, unfortunately, the more likely course.

[HairyMaclairy]

[Rsiyz]

summer , vacation time is comming, people spendig fiat    also crypto to fiat

in treade war world crypto loosing sense.. only in globalised world can absorb all "fiats" as was planed

that graph over ...
history never repetated.. becouse most of people and ledaders learning from past.. but as it look   
usa never learned)) thats why loosing . also with eu