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

[hv_]

In a central banking/fiat economy, lower interest rates mean lots of money printing. Negative rates mean ludicrous money printing.
Remember, that money is essentially taken from your savings via inflation to those that have access to those loans, i.e. the rich and powerful.

https://twitter.com/jimmysong/status/1169085693991239681?s=20

Yep - but it is only good and useful money if the globe can send it around with no fee, legally mined by miners

[Last of the V8s]

South Africa Is fucked.
Seriously.
Massive Riots over the weekend.
Lots and lots of fucked up videos coming out.
Not hearing much about it in our media so I'll do a thread and put all the videos in one place.
Heres a local resident cheering on the rioting mob.

https://twitter.com/Thebabyseagull1/status/1168893374566412289?s=20


Even didn't knew it, but been reading this morning about whats happening in Africa, man how is a human able of doing this kind of sh*t....... 

The Videos they are putting online are just heartbreaking, I cannot watch this stuff...

If there's something human beings excel at it's being exceedingly cruel to others. Very sad situation

[Last of the V8s]

Mind you, fucking god is pretty fucking cruel too, so waddayagonnado?
edit: angry cos mrs v's cancer spread all over the effing shop, and there's not much to be done except sort of wait it out
anyway thx to whoever it was who told me about other forums for whining about this sort of thing, it's been an absolute godsend, and i can spare you all here the grisly bits. lets just have fun get drunk watch the fomo rise and revel in deliciuous liberal tears

[Febo]

2015 fractal that everyone loves to hate

Not everyone
If this  amplification still hold we can expect 25K by end of October. Less than 60 days.
Crossing fingers.

LOL   Yes, but what October.   Definitely not the one 60 days from now. This chart is totally clear there.  

Difference between 2015 and 2019 is that back then we had sideways and the up now we had up and then sideways. Different play but same result.

Why not? In fact new ATH in November-December is very feasible. Actually now it's up, sideways and MORE UP.  

Everything is possible. But considering this chart, that transplant last bitcoin cycle to current one is not showing.  


Oh and I just read in local newspaper of President of association of banks explaining how are negative interest rates normal and telling that IMF is thinking of banning cash so people will really spend those money and not just take it out of banks and store it at home.  I dont get how stupid they think we are. But on other hand if we are stupid enough to totally gave up our privacy we are ready o give up cash also.

[Last of the V8s]

[makrospex]

Mind you, fucking god is pretty fucking cruel too, so waddayagonnado?
edit: angry cos mrs v's cancer spread all over the effing shop, and there's not much to be done except sort of wait it out
anyway thx to whoever it was who told me about other forums for whining about this sort of thing, it's been an absolute godsend, and i can spare you all here the grisly bits. lets just have fun get drunk watch the fomo rise and revel in deliciuous liberal tears

"god" is just a veeery old term for "it, that is" (aka. everything, to infinity and beyond).
Blame the church (a former dictatorship) for translating it into "he, who is", which finally led to the whitebearded superhero over time, whom people still pray to. In the first place, people that can't take over responsability for their own actions and life...
We're apes learned to use tools and speech, not much more, actually.
"Homo Sapiens" is like vaporware.
Just my two atheistic cents.

[Wekkel]

The debt isn't a ticking bomb. [...].

Its the flow.

Watch the flow.

If the flow slows down, run for the hills. Not before.

[Phil_S]

My gut says: sideways at 10xxx for 3 more weeks, than breaking out to above 12k around Sept 25.

[DeathAngel]

Bitcoin's hashrate hit 80,000,000,000,000,000,000 hashes per second (exahash), 8 times higher than when the price was $20K. It's a leading indicator for a new bull run. This is a simple article explaining how it works.

https://twitter.com/RedditBTC/status/1169179379211087873?s=20

https://decentralize.today/cryptocurrency/a-tweetstorm-series-featuring-yan-pritzker-author-of-inventing-bitcoin

Nice, a good sign of things to come (hopefully soon). Keep doing these Twitter updates micgoossens

Edit, V8 is back #bullish

[LFC_Bitcoin]

Still in the triangle. If this breaks out upwards, this is going to play out exactly like anon predicted. $16k in October.

Big 200/350D MA Golden cross is supporting this too. You can't get more bullish than this.

Good news is, it looks like there will be another month (maybe 2 at best) to collect cheap coins. Possibly our last chance. Consolidation is happening around here. Anything you buy from here may return you x6-x10 profits in a year.

BAKKT will be the trigger probably.

I was also thinkin about Torque's post.

Those wondering about the impact of BAKKT on the market, needs to realize something else.
It's not the fact that they are going live within days. It's completely the relative timing.
They could have gone live over a year ago. The tech was already in place and working behind closed doors.
But they didn't. They delayed it.
So ask yourself: Why go live now? Why not a year ago? Or why not kick the can for another year?

Either Anon knew BAKKT was going to launch on Sept 23 (less likely), or the BAKKT officers put the launch date on September, purposefully just to amplify the gains. Right before the big parabolic move.

@mindrust - You’re turning me on!
This kind of post should be X rated. It’s giving me a sweat

[fillippone]

New addition to the list!

A satoshi is now worth more than national currencies.

0.00000001 BTC is worth more than 1:

🇮🇷 Iranian Rial
🇻🇳 Vietnamese Dong
🇮🇩 Indonesian Rupiah
🇬🇳 Guinean Franc
🇸🇱 Sierra Leonean Leone
🇱🇦 Laotian Kip
🇺🇿 Uzbekistani Som
🇻🇪 Venezuelan Bolivar

https://twitter.com/rhythmtrader/status/1168986032030855169?s=21

[fillippone]

Very interesting Coinmetric Newsletter:

One point impressed me:

The number of addresses holding at least 10 Bitcoins recently hit an all-time high. As of September 1st, there are 157,216 addresses holding at least 10 BTC.

I thought we were going on the opposite direction!

You can read them all here:
https://coinmetrics.substack.com/archive

[mindrust]

@LFC

Thanks for the merit finally I reached my activity/merit parity.



Perfectly balanced. 

[SuperTA]

 

[LFC_Bitcoin]

@LFC

Thanks for the merit finally I reached my activity/merit parity.



Perfectly balanced. 

Somebody is going to give you +1 to troll so it fucks up your OCD

[Totscha]

@LFC

Thanks for the merit finally I reached my activity/merit parity.



Perfectly balanced. 

Somebody is going to give you +1 to troll so it fucks up your OCD

Guilty!

[mindrust]

@LFC

Thanks for the merit finally I reached my activity/merit parity.



Perfectly balanced. 

Somebody is going to give you +1 to troll so it fucks up your OCD

Guilty!

[fillippone]

 

Add this to your list:
via Imgflip Meme Generator

With all due respect, I am not a big TA believer. For sure is it not useful in my typical trading time horizon.
As you can see from my link in signature I do care about different things.

Anyway, I like your posts here on the WO and you are a good addition to the gang.

[LFC_Bitcoin]

@LFC

Thanks for the merit finally I reached my activity/merit parity.



Perfectly balanced. 

Somebody is going to give you +1 to troll so it fucks up your OCD

Guilty!

 

Knew it!

[El duderino_]

via Imgflip Meme Generator