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

[El duderino_]

1. Hong Kong unrest continues
2. Argentine Peso collapsed
3. 2yr/10yr Treausry spread inverted
4.
@Bakkt
 approved for Sept launch
5.
@coinmine
 raises $2.5 million
6. Seed CX test swaps settled in BTC
7. Bitcoin is still not dead
8. Micg goes for Saturday evening dinner 

Onwards! 🙏🏽

https://twitter.com/APompliano/status/1162697492393275392?s=20

[Raja_MBZ]

Bitcoin dominance is about to hit another yearly high as well. I'd not be surprised if its dominance actually manages to hit about 70% by the end of the year:



Alts are probably going to bleed more from here if BTC doesn't stabilize! Ain't it amazing?

Update:

[d_eddie]

Omg, my backlog grew epically. I can't think of getting back home to a few hundred pages. I only have checked the price a few times during these days, but I was able to see sub 10k and back up. All seems normal on bitcoinland.

[Biodom]

Why, suddenly, there is a discussion on whether bearish opinions are even welcomed.
You can be a short term bear, but long term bull. Heck, you can even be a long term bear as long as you describe your opinion intelligently.
Here, like on the stock boards, some people always mistake an opinion with an ability to influence the price.

Personally, I like to look at charts and various scenarios.
If you are 100% bitcoin with no cash/stocks cushion, this makes you inflexible and unable to get bargains on the dip.
Obviously, a mistake, in my view.
Anyone has their own diversification criteria, though. What could be OK for some is an insane gamble for others.

My criteria has always been: try to accumulate as much btc as possible, but have enough fiat investments so I can retire (eventually) on those plus soc sec. Bitcoin being super unconventional investment is a great stimulant and hope, but I never counted on it to make my ends meet. I believe, this gives me freedom to evaluate the trend better, hopefully, albeit I never shorted btc (so far).

[VB1001]

Gold



First Gold ETF launched 2003



Bitcoin



Interesting, if the same reaction occurs in Bitcoin, it will be fun.

 

It's just an idea of ​​a Saturday afternoon with a hot summer that is affecting my neurons.

[Cryptotourist]

Here is a good name for it: WO



This Bitcoin Sex Toy Vibrates More or Less Depending on the Cryptocurrency’s Value

"CamSoda — the porn tech company that brought us teledidonic blowjobs, a pussy eating app and a virtual reality gas mask for smelling someone’s cyber-panties — has created a new novelty gimmick for fans of cryptocurrencies like Bitcoin — a Bitcoin sex toy! It’s a bluetooth remote control vibrator whose pulsations increase or decrease depending on a Bitcoin’s rising or falling market value."

Stamp price ffs.

[Biodom]

Interesting, but, hopefully, btc will run further as gold peaked at $800 in around 1980, then peaked in 2011 at around 1800.
Providing similar proportions to btc would result in the $44.5K target for btc (before correction). Some people might be disappointed (expect more).
Of course, it does not have to match.

Historically, there is one interesting notion re gold market... the saying goes like this: the value of Dow and gold price in $$ always reach parity (1:1) at some point (their respective charts intercept or get very close).

Whether it would be 25000 Dow and 25000 gold or 12000 Dow and 12000 Gold or anything in between or below, but, historically, chart intercept always happened in 20th century (on multiple occasions).

Maybe we should predict a similar intercept for the Dow/bitcoin price  

[VB1001]

In WO there are more bulls than bears, more strong hands than weak ones, but each one sees the market with their perspective, there is no problem, nobody should buy or sell for the comments that are published.

I don't think Lambie or mindrust are bears, they only express their market sensation.

[AlcoHoDL]

Interesting, but, hopefully, btc will run further as gold peaked at $800 in around 1980, then peaked in 2011 at around 1800.
Providing similar proportions to btc would result in the $44.5K target for btc (before correction). Some people might be disappointed (expect more).
Of course, it does not have to match.

Historically, there is one interesting notion re gold market... the saying goes like this: the value of Dow and gold price in $$ always reach parity (1:1) at some point (their respective charts intercept or get very close).

Whether it would be 25000 Dow and 25000 gold or 12000 Dow and 12000 Gold or anything in between or below, but, historically, chart intercept always happened in 20th century (on multiple occasions).

Maybe we should predict a similar intercept for the Dow/bitcoin price  

You forgot to include one CRUCIAL ingredient in your Gold-Bitcoin comparison:

The 2020 Bitcoin Halving Event!

As I always say: GTCTTWW!
IOW: HoDL!

[jojo69]

BTC:DOW 1:1 is going to be one of those milestone ratios like BTC:Gold that we are going to pass forever and leave far, far behind.

[Biodom]

BTC:DOW 1:1 is going to be one of those milestone ratios like BTC:Gold that we are going to pass forever and leave far, far behind.

Hopefully, and then, eventually, BTC:BRK-A 1:1.

[BitcoinGirl.Club]

Update:

Moving towards the ATH. ALTs are having serious declining.

Observing @ $10,310

[VB1001]

Here is a good name for it: WO



This Bitcoin Sex Toy Vibrates More or Less Depending on the Cryptocurrency’s Value

"CamSoda — the porn tech company that brought us teledidonic blowjobs, a pussy eating app and a virtual reality gas mask for smelling someone’s cyber-panties — has created a new novelty gimmick for fans of cryptocurrencies like Bitcoin — a Bitcoin sex toy! It’s a bluetooth remote control vibrator whose pulsations increase or decrease depending on a Bitcoin’s rising or falling market value."

Stamp price ffs.

Before the end of the year the toy will be burned because of the green dildos.

[BitcoinGirl.Club]

Before the end of the year the toy will be burned because of the green dildos.

Long big green dildo?

[VB1001]

Before the end of the year the toy will be burned because of the green dildos.

Long big green dildo?

[BitcoinGirl.Club]

Yeah! To the moon LOL

[El duderino_]

via Imgflip Meme Generator

So common Lets get drunk, my mom visit from brazil with her husband.... so I have to talk them again about BTC

Let Saturday be amazing brothers

[BitcoinGirl.Club]

So common Lets get drunk, my mom visit from brazil with her husband.... so I have to talk them again about BTC

Let Saturday be amazing brothers

Give them the taste of bitcoins.

Enjoy your evening brother.

[BitcoinGirl.Club]

I have mowed the lawn and slept, what the fuck has gone on with the price today, i see pictures of nice asses and green snow monsters.

This means bull run is ahead 🤪

[_javi_]

Are we going below $10k?

They are trying..
But I see a small rebound as i type.. observing 10140 again..

bakkt hype was weak, it seems.

go BTC go!!