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

[AB de Royse777]

Okay bitcoiners, this makes sense

[gembitz]

Good afternoon WO!
Observing @ $panic

$730+ down in the last 11 ours.



HODLing time!

facebook pay is epic brah    reeee

[xhomerx10]

Keep calm and this is fine.



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[HairyMaclairy]

At moments like this, I look at this thread to tell me it's going to be alright, but you guys aren't really helping

We are just fine.  Finally getting back on track after our little blow out earlier in the year.

[Lambie Slayer]

I like the idea of the Bargain Boyz being some kind of redneck trailer trash, but in all likelihood they probably look more like this:



Just your run-of-the-mill young Wall Streeters swooping up BTC for some billion dollar hedge fund. They probably don't even drink but take photo ops with new suits in classy NYC bars.

I think you are right, but I will continue the Bargain Boyz legend, just in case its real and some trailer trash tards are in charge of our fate.  Sometimes reality outruns apprehension.

Perhaps the true Wall Street Bargain Boyz read this thread and will gain inspiration from the mythological Popeyes eating Bargain Boyz. They may see them as an inner spirit animal and look to their legend for guidance.

All I know is whoever the true Bargain Boyz are, they did not step in big to buy that dip so the bottom is not in yet, but its getting closer.

[HairyMaclairy]

Guys I'm thinking about buying some bitcoin. Should I fire now or wait for a bit of a dip?

Not quite yet imho.  We need 5 more days or so to scare the masses and then we can pump again.  

[legendster]

Guys I'm thinking about buying some bitcoin. Should I fire now or wait for a bit of a dip?

Not quite yet imho.  We need 5 more days or so to scare the masses and then we can pump again.  

The masses don't care much as of now. We need to change that first before speaking of 'the masses'.

[Bitcoinaire]

Her'es some bullish news. Also, 174 days till halving.

50/100 week ma bullish crossover in 1-2 weeks.

The last time that happened:
Price was $430 (down ~62% from ATH)
A few months before the 2nd halving

Now:
Price is $7,600 (down ~62% from ATH)
A few months before the 3rd halving

https://twitter.com/CryptoBull/status/1197608304765292545

[Lambie Slayer]

This thread is saying we're at the cusp of another miner capitulation event, a-la November 2018.

8/ As a final note, mass miner capitulation will probably look like something like what we saw in November 2018, as $BTC prices started collapsing.

Every other significant event since pales in comparison.

https://twitter.com/eliasimos/status/1197246438868234245

I believe the Bargain Boyz are also using similar metrics as they propagate past and future vectors in ways only their intellect will allow.

via Imgflip Meme Generator

[Lambie Slayer]

At moments like this, I look at this thread to tell me it's going to be alright, but you guys aren't really helping

We are just fine.  Finally getting back on track after our little blow out earlier in the year.

We definitely overshot the fractal and are reverting to the mean, the question in my mind is will we undershoot it as well before the mean reversion is complete. I think maybe but not for long. We really are imo looking at the last great opportunity for dirt cheap coins about to be brought to us by massive volume and red dildos.

6400 seems a given but will that be the end of it is what I wonder.... Maybe 5500 will be necessary, I strongly doubt we get anything much lower than that and I still lean towards 6400 but I want to see some Bargain Boyz volume before I am convinced. Compellingly cheap prices in Bitcoin have almost always been accompanied by compellingly massive volume.

When you are crying is when you should be buying so get your fiat ready boyz, the crying time is coming.

[Lambie Slayer]

Fear not, new HODLER tech is being developed as we speak. You will soon easily be able to freeze yourself for a few halving cycles to make the price swings more bearable for the faint of heart.

https://www.dailystar.co.uk/news/latest-news/space-travel-barrier-removed-docs-20920177

"Describing the successful operation as “a little surreal,” Professor Tisherman told New Scientist how he removed the patient’s blood and replaced with ice-cold saline solution.

The patient, technically dead at this point, was removed from the cooling system and taken to an operating theatre for a two-hour surgical procedure before having their blood restored and being warmed to the normal temperature of 37C."

[Saint-loup]

We definitely overshot the fractal and are reverting to the mean, the question in my mind is will we undershoot it as well before the mean reversion is complete. I think maybe but not for long. We really are imo looking at the last great opportunity for dirt cheap coins about to be brought to us by massive volume and red dildos.

6400 seems a given but will that be the end of it is what I wonder.... Maybe 5500 will be necessary, I strongly doubt we get anything much lower than that and I still lean towards 6400 but I want to see some Bargain Boyz volume before I am convinced. Compellingly cheap prices in Bitcoin have almost always been accompanied by compellingly massive volume.

When you are crying is when you should be buying so get your fiat ready boyz, the crying time is coming.

If the chinese government is dumping its now useless bitcoins, the price can dip below that... 

[Saint-loup]

Reason for the market turbulence
https://cointelegraph.com/news/markets-crash-after-reports-that-binances-shangai-office-closed-in-crypto-crackdown

It was a fake news.

Speaking to Cointelegraph on Nov. 21, a Binance spokesperson refuted media reports that Chinese police had raided and subsequently shut down the exchange’s Shanghai offices. Furthermore, the spokesperson stated that no such offices even exist:

“The Binance team is a global movement consisting of people working in a decentralized manner wherever they are in the world. Binance has no fixed offices in Shanghai or China, so it makes no sense that police raided on any offices and shut them down.”

https://cointelegraph.com/news/binance-denies-police-raids-very-existence-of-shanghai-offices

[El duderino_]

Keep calm and this is fine.



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Amazing Hat one of the coolest I have seen, is it a request or just there for occasions (like now for a few days?)

Love it

[Amateur_]

Observing BTC @ $7,600 USD

[LFC_Bitcoin]

Put the hat on micman!
Wear it until we start to move up again. See out the hard time with us

[El duderino_]

Put the hat on micman!
Wear it until we start to move up again. See out the hard time with us

it will appear.....

Mean time Mic-men is observing ........ meh, far to LOW of a price.....

[BitcoinGirl.Club]

A noob came with an idea LOL

Many banks have been entered to the cryptocurrency, I think they may open the branches for blockchain, where they may control the deposits and withdrawals i,e if someone opens his account through any bank, he may keep the bictoins on that banks wallet like he keeps it in the blockchain wallet, then banks may charge a little fee, by the way bank may fix the price for 3 months period for the people who want to exchange bitcoin for fiat money. I think it is happening, there are many blockchain banks.

Not sure should I laugh or kill myself and save my soul 🤣 😂

Read:

I think they may open the branches for blockchain, where they may control the deposits and withdrawals

if someone opens his account through any bank, he may keep the bictoins on that banks wallet like he keeps it in the blockchain wallet, then banks may charge a little fee

bank may fix the price for 3 months period for the people who want to exchange bitcoin for fiat money.

And finally,

I think it is happening, there are many blockchain banks.

I blame the merit system 🤪

[Gyrsur]

[LFC_Bitcoin]

Put the hat on micman!
Wear it until we start to move up again. See out the hard time with us

it will appear.....

Mean time Mic-men is observing ........ meh, far to LOW of a price.....

Just in my HODLnest (Trademark micman) looking at the price & HM’s fractal, smiling. Everything will be good boys, probably over $20,000 this time next year. Lots of cheap coins until the halving though, I’m still gobbling them all up.
Goodnight WO’s