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

[jojo69]

My iPhone doesn’t have BTC logo?

You need to have the google keyboard installed, which to me is a big no no.

Can we live a single day without google? May be in the future but can we now?

I know I can. No android or gmail and using startpage.com or DuckDuckGo is a good start.
There are many great alternatives to google software products, you just need to pay a bit of dollar instead of paying with your privacy.

The duck has really improved, I tried it wears ago on principle and it just wasn't ready for prime time but I tried it again a few weeks ago when another WO mentioned using it and it is my default now, works fine.

[Last of the V8s]

trouble is keeping google and amazon out of your browsing

[StartupAnalyst]

Find the Ethereum ticker on the screen of this Galaxy S10. It makes me happy!

Well, seriously, I would be more pleased with the BTC ticker.
в

[jojo69]

trouble is keeping google and amazon out of your browsing

yeah...WTF is up with those being allowed by default?

[Bitcoinaire]

According to dickline....

Bitcoin is now undervalued by an order of magnitude according to https://dickline.info/


https://twitter.com/lopp/status/1098974345764974594

[El duderino_]

24 777

12-02-2019 FractalUniverse
21-04-2019 gentlemand
20-02-2020 romneymoney
18-12-2021 luckeygenough56

12288

07-03-2019 CoinCube
15-04-2019 Spaceman_Spiff_Original
20-06-2019 bitebits
13-12-2019 nikauforest
10-04-2020 yefi
05-09-2020 Samson
23-06-2021 fortune143

^^
Who are the favorites

(Small update)

[BitcoinGirl.Club]

Off to watch Jurassic World 🙂
https://openloadfreetv.me/movies/jurassic-world-fallen-kingdom-2018/

[El duderino_]

Off to watch Jurassic World 🙂
https://openloadfreetv.me/movies/jurassic-world-fallen-kingdom-2018/

Have Fun (i saw it and its enjoyable, but the jurassic movies lost much of their beauty  )

[Toxic2040]

Good morning all.


Volumes are on the rise as we continue to stay tucked in at just under $4k with support levels remaining strong. Overall the market is showing a bullish bias that I believe will allow us to breach this resistance level over the weekend and possibly continue to rally well into March. #dyor #btd

3h


D

#stronghands'19

[El duderino_]

10:48am CST. Dallas, TX Suburbs - Retirement is a helluva thing. I should probably consider slowing down a little bit. On beer #5 of 6 already.

Keep them for saturday ......

Me is going hard “less mils gritt @19.00 CET” look those lessons up, hard stuff gonna get rekt @the gym

Tomorrow i recovery on Some fine food and alcohols “booz”

[erre]

24 777

12-02-2019 FractalUniverse
21-04-2019 gentlemand
20-02-2020 romneymoney
18-12-2021 luckeygenough56

12288

07-03-2019 CoinCube
15-04-2019 Spaceman_Spiff_Original
20-06-2019 bitebits
13-12-2019 nikauforest
10-04-2020 yefi
05-09-2020 Samson
23-06-2021 fortune143

^^
Who are the favorites

(Small update)

12288 by June seems completely feasible, so I would bet on bitebits. Is betting on betters allowed?

[Arriemoller]

Jesse Lund

His last name caught my attention and I laughed so hard

In Hindi, Urdu, Punjabi language, its means Penis.

So that's why so few of your people study at the university of Lund.

[El duderino_]

24 777

12-02-2019 FractalUniverse
21-04-2019 gentlemand
20-02-2020 romneymoney
18-12-2021 luckeygenough56

12288

07-03-2019 CoinCube
15-04-2019 Spaceman_Spiff_Original
20-06-2019 bitebits
13-12-2019 nikauforest
10-04-2020 yefi
05-09-2020 Samson
23-06-2021 fortune143

^^
Who are the favorites

(Small update)

12288 by June seems completely feasible, so I would bet on bitebits. Is betting on betters allowed?

If someone wanna take the bet
Like HM and V8 with the bottom bet....

[Arriemoller]

Jesse Lund

His last name caught my attention and I laughed so hard

In Hindi, Urdu, Punjabi language, its means Penis.

So that's why so few of your people study at the university of Lund.

Just to clarify, in the Scandinavian languishes "lund" means grove, often a sacred grove where, in the old religion, you would sacrifice to the gods.

[VB1001]

https://twitter.com/CMEGroup/status/1098618120288325635

[BTCMILLIONAIRE]

Despite the 14-month long bear market, BTC transaction rate reaching 2017 all-time high.

Transaction fees also have remained relatively stable.

I really can't understand what is causing that much tx's. I mean, the peak of 2017 was probably because of people claiming forks and the FOMO (buying/selling)  during the last months. What is happening now? Is it increasing adoption in the middle of a bear market?

On second thought... fees were as much expensive during the 2017 peak that many people (including me) were very shy about sending any tx unless strictly needed. Now you can do it without a second thought.

I'm not sure if normal users have any significant impact on BTC prices. So an increase in use doesn't necessarily imply an increase in price.

The average person has an annual post-tax income of around 1-2k USD. Take 2/3 away for rent, food and other expenses and you're left with some 300-600 USD. It would then take 10m users chipping away their entire disposable monthly income on Bitcoin.
And even then it would only account for the 24h volume or 10% of the market cap.

In reality the average person probably has less money left over and wouldn't think about putting it all in, much less regularly.

The bottom line is that unless hundreds of millions jump on simultaneously there won't be much movement in the price (based on increased use).
I'm almost fully convinced that the big players are (basically) just waiting for golden and death crosses on long-term charts and thus reinforcing the self-fulfilling prophecy of technical trading with everything else just being short-term noise until a truly big change in the landscape, such as institutional money actually flooding onto the blockchain instead of non-physically settled instruments, occurs.

[erre]

Despite the 14-month long bear market, BTC transaction rate reaching 2017 all-time high.

Transaction fees also have remained relatively stable.

I really can't understand what is causing that much tx's. I mean, the peak of 2017 was probably because of people claiming forks and the FOMO (buying/selling)  during the last months. What is happening now? Is it increasing adoption in the middle of a bear market?

On second thought... fees were as much expensive during the 2017 peak that many people (including me) were very shy about sending any tx unless strictly needed. Now you can do it without a second thought.

I'm not sure if normal users have any significant impact on BTC prices. So an increase in use doesn't necessarily imply an increase in price.

The average person has an annual (monthly, ftfy) post-tax income of around 1-2k USD. Take 2/3 away for rent, food and other expenses and you're left with some 300-600 USD. It would then take 10m users chipping away their entire disposable monthly income on Bitcoin.
And even then it would only account for the 24h volume or 10% of the market cap.

In reality the average person probably has less money left over and wouldn't think about putting it all in, much less regularly.

The bottom line is that unless hundreds of millions jump on simultaneously there won't be much movement in the price (based on increased use).
I'm almost fully convinced that the big players are (basically) just waiting for golden and death crosses on long-term charts and thus reinforcing the self-fulfilling prophecy of technical trading with everything else just being short-term noise until a truly big change in the landscape, such as institutional money actually flooding onto the blockchain instead of non-physically settled instruments, occurs.

You are not accounting for trading. The vast majority of the volume is paper money who always remain in the exchanger, not real money coming in/out.

[DeathAngel]

24 777

12-02-2019 FractalUniverse
21-04-2019 gentlemand
20-02-2020 romneymoney
18-12-2021 luckeygenough56

12288

07-03-2019 CoinCube
15-04-2019 Spaceman_Spiff_Original
20-06-2019 bitebits
13-12-2019 nikauforest
10-04-2020 yefi
05-09-2020 Samson
23-06-2021 fortune143

^^
Who are the favorites

(Small update)

$24,777 - luckeygenough56

$12,288 - Samson

Just a somewhat educated guess

[Toxic2040]

Despite the 14-month long bear market, BTC transaction rate reaching 2017 all-time high.

Transaction fees also have remained relatively stable.

I really can't understand what is causing that much tx's. I mean, the peak of 2017 was probably because of people claiming forks and the FOMO (buying/selling)  during the last months. What is happening now? Is it increasing adoption in the middle of a bear market?

On second thought... fees were as much expensive during the 2017 peak that many people (including me) were very shy about sending any tx unless strictly needed. Now you can do it without a second thought.

I'm not sure if normal users have any significant impact on BTC prices. So an increase in use doesn't necessarily imply an increase in price.

The average person has an annual post-tax income of around 1-2k USD. Take 2/3 away for rent, food and other expenses and you're left with some 300-600 USD. It would then take 10m users chipping away their entire disposable monthly income on Bitcoin.
And even then it would only account for the 24h volume or 10% of the market cap.

In reality the average person probably has less money left over and wouldn't think about putting it all in, much less regularly.

The bottom line is that unless hundreds of millions jump on simultaneously there won't be much movement in the price (based on increased use).
I'm almost fully convinced that the big players are (basically) just waiting for golden and death crosses on long-term charts and thus reinforcing the self-fulfilling prophecy of technical trading with everything else just being short-term noise until a truly big change in the landscape, such as institutional money actually flooding onto the blockchain instead of non-physically settled instruments, occurs.

[erre]

Shit I'm editing this post because I double posted because the thread was running too fast.


Very, very bullish