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

[Cryptotourist]

I'm hoping for a big dip, a retest of 3600 would be most welcome  

Happy rekt-ing dear short-er.

[1600697865]

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[El duderino_]

Goose won the raffle of course. Nice one mic

4 still open?
4
then i'll take that one thx sir

4 wins!!! https://live.blockcypher.com/btc/block/0000000000000000000f5c3be359da0294015f21165b7c2917265030bee8ffe4/
Congratulations!
Thanks everyone for participating! Will see you again on Friday..cheers!

edit: Suggest you make sure to ask him specifically for a btc one...

V8 won as well, i was totally forgotten about that raffle

[El duderino_]

i thought a few of those last Nr's are winners.....

my friends on poker always calling me Mic=lucker ??

[Lambie Slayer]

https://www.chicagotribune.com/news/local/breaking/ct-met-jussie-smollet-arrest-20190221-story.html

Smollet has just been taken into custody by police for helping create one of the greatest fake news stories of all time.


This is very bullish for Bitcoin bc as the MSM loses credibility every day more and more are turning to premiere sources of Bitcoin information like WO

Yes the MSM is less anti Bitcoin than in the past, but you will still find many banker puppets trying to trick the public from buying Bitcoin in this new bull market. Those tricks wont be enough to stop the bull run and they grow less effective each day.

Thank you Mr. Smollet for your sacrifice You have helped Make Bitcoin Great Again.

THIS IS BITCOIN COUNTRY!

[El duderino_]

btw XhomerX provided me this master piece

so the days when i'm out on session i just put on this HAT for luck and WO-back up




THANKS XhomerX, the brain behind the awesomeness

[Globb0]

Didn't even know that was a forum section

[Last of the V8s]

No mic just the last number. Just you!
I've won once, when the odds were ten times better for an anniversary game. Had it sent to a mate who lost the plot with btc some while back.
The coins come from China afaiu, so take along time to arrive, but am expecting an angry phone-call any morning. Love u bro  

[bitserve]

btw XhomerX provided me this master piece

so the days when i'm out on session i just put on this HAT for luck and WO-back up




THANKS XhomerX, the brain behind the awesomeness

Awesome, that straight flush with a green (as in charts) background is absolutely perfect and appropriate for you!

And the B 10K too!

[Cryptotourist]

Royal.

[ivomm]

I'm hoping for a big dip, a retest of 3600 would be most welcome  

Although it is possible, recent lack of sell pressure hints that bulls are waiting for the support bids to move upwards. There are no more 10-20% drops like in 2018 - almost every other day. Speaking of volume, for Jan-Feb we have around 2mil traded BTC's (https://data.bitcoinity.org/markets/volume/2y?c=e&r=month&t=b). During this period the price went from 3.1K to 3.9K - a similar rise we had in August 2017. Then however, the volume was 5mil, i.e., 2.5x than the current! This shows that BTC was extremely heavily pannic oversold and now there are not enough weak hands to keep the price down. So now  the path to 10K and beyond is 2.5x cheaper for the bulls, compared to 2017. The contrast of the needed volume for such increases is underlined by the fact that since Aug. 2017 additional 972000 BTC's were mined! And one more thing. Some are comparing the gradual rise in 2015 with 2019. But many investors will prefer to overtake the expected rise in Q4 and start investing now or in the coming weeks. Plus, there are estimated at least $10 bil institutional money that wait either for bakkt, fidelity or ETF to enter the market. Soon BTC will be in the news again and all n00bs will be shocked to see the price revisiting 20K again. Everyone that was buying above 15K and selling below 10K  will regret for not hodling!

[Lambie Slayer]

I'm hoping for a big dip, a retest of 3600 would be most welcome  

Although it is possible, recent lack of sell pressure hints that bulls are waiting for the support bids to move upwards. There are no more 10-20% drops like in 2018 - almost every other day. Speaking of volume, for Jan-Feb we have around 2mil traded BTC's (https://data.bitcoinity.org/markets/volume/2y?c=e&r=month&t=b). During this period the price went from 3.1K to 3.9K - a similar rise we had in August 2017. Then however, the volume was 5mil, i.e., 2.5x than the current! This shows that BTC was extremely heavily pannic oversold and now there are not enough weak hands to keep the price down. So now  the path to 10K and beyond is 2.5x cheaper for the bulls, compared to 2017. The contrast of the needed volume for such increases is underlined by the fact that since Aug. 2017 additional 972000 BTC's were mined! And one more thing. Some are comparing the gradual rise in 2015 with 2019. But many investors will prefer to overtake the expected rise in Q4 and start investing now or in the coming weeks. Plus, there are estimated at least $10 bil investors money that wait either for bakkt, fidelity or ETF to enter the market. Soon BTC will be in the news again and n00bs will be shocked to see the price revisiting 20K again. Everyone that was buying above 15K and selling below 10K  will regret for not hodling!

Exactly This

[Lambie Slayer]

https://trends.google.com/trends/explore?date=today%201-m&geo=US&q=bitcoin

Google Trends breakout incoming.

[realr0ach]

as the MSM loses credibility every day more and more are turning to premiere sources of Bitcoin information

Because nothing says fighting the man quite like Jack Dorsey buying into Blockstream and then spam tweeting about Lightning Network all day to try and trick idiots into using that completely centralized, permissioned ledger, govt tracking system where he and his Jewish banking and govt controllers can blacklist people at will and turn off your entire existence just like they ban everyone on Twitter already because it's designed to turn into a hub and spoke model where all transactions are routed through large 'bank' nodes.

[cold013]

Hello everyone, I don’t know if someone has noticed or not, but if you look at the graphs of growth of difficulty and price there is a discrepancy, namely:
ATH for the price we had on December 17, 2017, and ATH by hash rate and difficulty? September-October 2018.
We don’t see a correlation: the maximum difficulty is less than the BTC-more price.
From this we can conclude that people saw a high price and began to invest in equipment, this greatly increasing the growth of difficulty, most likely it was people with money, investors from outside the world of the crypt, who do not know the features of the industry and treat the crypt as an ordinary business (with all ROI and profit). Further, the complexity began to grow, and the price was not allowed to grow by the fact that a huge amount of BTC entered the market, which was sold at the current price and not HODL to pay back (return on investments) costs, wages and electricity. All this still coincided simply with the hamsters, who took at the peak, and then sold at the market cheaper.
The whole movement went on for a year and now it is coming to an end, the hash rate will fall very smoothly, investors sell asics by weight or they just stand and do not work. The market is improving, the supply no longer exceeds the demand at times, everything is leveling off, and with it the price will start to go up slowly.
I myself communicated with such investors, they wanted and offered to sell BTC immediately, every week / day, to pay for rent, wages, electricity. Why wait? "we have invested money, we suffer losses".
As a result, the price fell even faster and turned the equipment into scrap.
Now the process of recovery will take place and there will be growth to halving. But then everything will be repeated anew, but on other levels.

I stated it in my regional branch, I wonder what the experts say here
What do you think? I am interested in your opinion as a guru.

[Last of the V8s]

Didn't even know that was a forum section

bit tucked away yes, but gambling has always been a huge part of btc
think i lose more money nowadays on that than on tarding or mining

[Cryptoqueeen]

Have Fun watching them

 BTW, I had no idea your partner was so fucking based.

 I can respect the idea that you are averse to marriage, but don't lose this one, broheim.

 You have snagged yourself a very special woman.

 Treat her well.

Haha well, the marriage thing is not so kind.
You want to be the girl he wants to marry to, like you see in the movies, but I guess life isn't a movie  
Appreciate your kindness  

[Cryptoqueeen]

Have Fun watching them

 BTW, I had no idea your partner was so fucking based.

 I can respect the idea that you are averse to marriage, but don't lose this one, broheim.

 You have snagged yourself a very special woman.

 Treat her well.

Thx for saying that BoB and I truely know she’s very special and where we go or what we doing she’s always herself and sprake her own mind (always good manners and polite if things turning into a discussion, but same time always talks her mind and how she sees it..... also not affraid to admit when wrong and continiously willing to learn, i’m a bit the more lazy type little bit dude-ish style myself)

And now you say it, i have to put more time and work in everything, like when there are present time’s or inbetween present things
She always comes with things costing time - thought - effort etc, i’m more the one that wants to cover gifts with buying sh*t, Nice things but the easy way
Like with Valentine again she really came with lot of thinking  and much effort

Come on Micg change you’re gameplan and don’t be to lazy

THX for the reminder BoB, i need those sometimes

Haha blabla

[Cryptoqueeen]

Have Fun watching them

 BTW, I had no idea your partner was so fucking based.

 I can respect the idea that you are averse to marriage, but don't lose this one, broheim.

 You have snagged yourself a very special woman.

 Treat her well.

He can't eat meat ...

Yeah I once turned pescatarian when I was dating this girl.  She was smoking hot.  We would go to bars and guys would buy her drinks while I played pool with the lads.  She would bring the drinks to me.  It was a good arrangement.

Haha that's awesome!

[Lambie Slayer]

as the MSM loses credibility every day more and more are turning to premiere sources of Bitcoin information

blah blah (Paranoid Schizo symptoms acting up again)

Hello Kissless Virgin Roach. Good of you to join us in our new bull market. How was therapy? Gembitz says sorry for not calling you back, she has been too busy buying

[Cryptotourist]

Haha well, the marriage thing is not so kind.
You want to be the girl he wants to marry to, like you see in the movies, but I guess life isn't a movie  
Appreciate your kindness  

Hell, I'll marry you!

Sorry Mic, obviously joking, just trying to widen your perception of things.