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

[JayJuanGee]

"it's impossible for bitcoin to go under 5k"  "there is too much support at 5800"

"miners won't even make a profit if it goes that low"


Next stop is 4k, 3k by the end of this month.

Nobody said that, you goofball.   

[1679525993]

1679525993

[1679525993]

1679525993

[Ludwig Von]

Ok, I am below my cost average... . (in cost I include all I spend in BTC on sex & drugs & rock&roll). Not selling, no way. When all the madness of the Big Casino finally ends in crash, BTC will be the place to be, no matter how long it takes. And the damage done by the Btrash dopies will be only a sidenote bad smelling dead rat. First we will fall together with the funny money circus, too many BTC were bought with borrowed funny money. So while that clears, we must suffer. Once that is behind, comes the real challenge : as BTC was created as a hedge, or counterforce for the funny money after the 2008 chaos, now comes the moment of reckoning. Let 's see what happens. It will be long, dirty and dire.  

[kingcolex]

That bounce off the $4,000 wall, back to $4200 quickly.

[El duderino_]

and another ride down. how I love price drops

Another NOcoiner.....

Pity don’t have my NOcoiner gif with me.....

But Goes snif snif smells like a nocoiner......

child when I bought BTC you did not know that it exists

I doubt that.

Its all good possible .... i just know from when i entered, i entered good and thats the most important for myself
But i good nothing to proove and nothing to win by trying

[gembitz]

TO ME THE PRICE DOES NOT MATTER AS LONG AS YOU CAN MAKE MORE BITCOINS! :-D WEEEEEEE

https://poloniex.com/exchange#btc_bchsv

https://freiexchange.com/market/BTI/BTC

[JayJuanGee]

Pie-in-the-sky special.  Orders UP!

avatar-sized

Be careful that image was used from a google search, I think it was not intended for commercial use. I found it for the recently re-ignored user that started using that phrase in recent days.

As if you are so wise and important.

[jonoiv]

[Spaceman_Spiff_Original]

Spaceman how big are youre odds of holding that bottom??

Well it isn't looking pretty right now...
EDIT: still think it has a shot at holding, we'll see.

I guess that question got answered pretty darn fast...   

[goldkingcoiner]

I wish I could add this as my avatar Just now found out animated avatars are not allowed.

[eddie13]

I'm glad this is happening so it will finally be over and done with.

I think we will have reached our new ATL since the last ATH within a day or 3.

[xhomerx10]

Pie-in-the-sky special.  Orders UP!



avatar-sized

Be careful that image was used from a google search, I think it was not intended for commercial use. I found it for the recently re-ignored user that started using that phrase in recent days.

 I only need be careful not to eat it.

[JimboToronto]

-snip-

I'm curious about your user name.

I can clearly see the spoonerism but why is it pluralized?

Is it what you like? 

[JayJuanGee]

I'm glad this is happening so it will finally be over and done with.

I think we will have reached our new ATL since the last ATH within a day or 3.

You could be correct that this is going to be over soon (perhaps within a few days), but it remains difficult to be glad about the whole situation.. and we also cannot really rest assured that it is going to be over, either.

It is similar to previous downtrends when posters are rejoicing about falling BTC prices, and they keep rejoicing and the BTC price keeps falling.

After a while, the rejoicing stops as the BTC price continues to fall.  At some point, the price stops falling, too.. and I would rather NOT go through all of that.  I would rather return to UPPITY, even if the shitty alt coins have to come along with us...but it still seems that even though bitcoins are being shook, the alt coins are not shaking enough... and bearwhales can still smell blood..   and purge and purge and purge... .. 

Me thinks that it remains difficult to feel "glad" under such ongoing uncertain circumstances.

[El duderino_]

Spaceman how big are youre odds of holding that bottom??

Well it isn't looking pretty right now...
EDIT: still think it has a shot at holding, we'll see.

I guess that question got answered pretty darn fast...   

Yeah that was real damn fast .... at least you got back the avatar ability and a HAT that comes with it

[Ludwig Von]

I'm glad this is happening so it will finally be over and done with.

I think we will have reached our new ATL since the last ATH within a day or 3.

You could be correct that this is going to be over soon (perhaps within a few days), but it remains difficult to be glad about the whole situation.. and we also cannot really rest assured that it is going to be over, either.

It is similar to previous downtrends when posters are rejoicing about falling BTC prices, and they keep rejoicing and the BTC price keeps falling.

After a while, the rejoicing stops as the BTC price continues to fall.  At some point, the price stops falling, too.. and I would rather NOT go through all of that.  I would rather return to UPPITY, even if the shitty alt coins have to come along with us...but it still seems that even though bitcoins are being shook, the alt coins are not shaking enough... and bearwhales can still smell blood..   and purge and purge and purge... .. 

Me thinks that it remains difficult to feel "glad" under such ongoing uncertain circumstances.

Indeed, no reason to feel glad. I wonder, what is the average margin cost for miners at this moment? And how does that fit in the picture of major miners being involved in the Btrash war?

[DeathAngel]

Dig Bicks is the NotLambChop of this cycle.

I suggest you put him/it on ignore.

[kingcolex]

A $400 jump pretty quickly. Wouldn't that be something if it was the actual bottom and not just a tease?

[infofront]

The new poll is almost fucked already. This is like last November, just going in reverse.

[DeathAngel]

The new poll is almost fucked already. This is like last November, just going in reverse.

I was living like a Saudi Prince back then after the bch fork. I was living the high life, now I’m eating pot noodle for my meal

[JayJuanGee]

I'm glad this is happening so it will finally be over and done with.

I think we will have reached our new ATL since the last ATH within a day or 3.

You could be correct that this is going to be over soon (perhaps within a few days), but it remains difficult to be glad about the whole situation.. and we also cannot really rest assured that it is going to be over, either.

It is similar to previous downtrends when posters are rejoicing about falling BTC prices, and they keep rejoicing and the BTC price keeps falling.

After a while, the rejoicing stops as the BTC price continues to fall.  At some point, the price stops falling, too.. and I would rather NOT go through all of that.  I would rather return to UPPITY, even if the shitty alt coins have to come along with us...but it still seems that even though bitcoins are being shook, the alt coins are not shaking enough... and bearwhales can still smell blood..   and purge and purge and purge... .. 

Me thinks that it remains difficult to feel "glad" under such ongoing uncertain circumstances.

Indeed, no reason to feel glad. I wonder, what is the average margin cost for miners at this moment? And how does that fit in the picture of major miners being involved in the Btrash war?

A few days ago, BitMex research had suggested something like $3341 per BTC, and it remains unclear about how they arrived at that number.

https://twitter.com/bitmexresearch?lang=en

I am sure that there is some playing around with BTC hash power, but overall, so far, BTC hashpower has remained pretty stable (and relatively high) through the past few days.

https://www.blockchain.com/charts/hash-rate?timespan=30days