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Question: Nov. 18 closing price:
<$35,000 - 4 (9.1%)
$35,000-$35,500 - 1 (2.3%)
$35,500-$36,000 - 4 (9.1%)
$36,000-$36,500 - 4 (9.1%)
$36,500-$37,000 - 4 (9.1%)
$37,000-$37,500 - 3 (6.8%)
$37,500-$38,000 - 4 (9.1%)
$38,000-$38,500 - 5 (11.4%)
$38,500-$39,000 - 2 (4.5%)
$39,000-$39,500 - 1 (2.3%)
$39,500-$40,000 - 0 (0%)
>$40,000 - 12 (27.3%)
Total Voters: 44

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26311069 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (170 posts by 1 users with 9 merit deleted.)
bitcoinPsycho
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February 11, 2020, 05:11:01 PM

Very happy indeed
"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
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willope
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February 11, 2020, 05:12:08 PM
Merited by JayJuanGee (1)

Hmmmmmmmm.... Grin Ok
AlcoHoDL
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February 11, 2020, 05:18:36 PM
Merited by El duderino_ (4)

It's over. RIP BTC.

Just came back from a 1-hour phone call and we're still at $10,300...
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February 11, 2020, 05:18:50 PM
Merited by BobLawblaw (1)

The Jesus Rolls (Big Lebowski Spinoff) - Official Trailer (2020) John Turturro, Christopher Walken
https://youtu.be/3_qcgXw32gc  Huh
Talk about absent dude Shocked

Seen it. Boy, is it bad.

For some reason he glued Jesus into a remake of Les Valseuses.

There's the odd moment but it doesn't half jerk to sudden halts and disappear off down dead ends. He's better left a perfectly formed memory.
bkbirge
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February 11, 2020, 05:21:39 PM

Obviously the number isn't news here but I wonder if the portion I quoted below is really what's happening, a spark that creates unstoppable inertia...
https://cointelegraph.com/news/bitcoin-is-back-above-10k
Quote
BTC started rising during the market sell off triggered by coronavirus. That was just the short-term catalyst, the underlying driver is the bitcoin halving event in May. Previous halving events have seen some of the larger participants hold off on releasing BTC into the market in anticipation of a rise into the event. We believe this same dynamic is currently in play.
fillippone
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February 11, 2020, 05:22:00 PM
Last edit: February 11, 2020, 06:00:43 PM by fillippone
Merited by JayJuanGee (1)

I know guys that the price action is good, and everybody likes green dildo's (#nohomo), but Jay "do nothing" Powell is testifying at the House , and he's saying a lot of intresting things.


https://www.nasdaq.com/articles/yields-rise-after-powell-says-economy-is-resilient-2020-02-11
Quote
"Powell's remarks had nothing new and toed the party line," said Jon Hill, U.S. rates strategist at BMO Capital Markets. "Rates are in accommodative territory. They're on hold for the foreseeable future."

If Powell said nothing new, why rates are falling off?

This technicality apart I was referring mainly to FED REPO operation, discussed here and the advent of FED in the realm of Crytpocurrencies, the so called CBDC.

A few sentences were of utter importance:

Quote
Powell: preserving the centrality of a widely accepted currency is an enormously important thing. Whether a digital currency moves us along that path is an open question.
Quote
Powell: It’s incumbent on central banks to understand the costs, benefits and trade-offs associated with digital currencies.
Asked about a digital currency, Powell says:
Quote
“Having a single government currency at the heart of the financial system is something that has served us well.”

So the real problem with digital currencies is: USD is a World Reserve, they fear that opening to CBDC could ease the transition to Bitcoin in the main adoption.
Once BTC has gained traction on the general public, the effectiveness of their monetary policies will be greatly reduced. They will lose then one of the main leverage for the governments, and, in the end, will lose powers.
They built supercarriers and nuclear missiles to preserve their power, for sure they don't want to lose it because of a nerdish decentralized, trustless system.
They realized it and now you can smell their fear.
However, the genius is outside the lamp since 2009, the future is inevitable.

Quote
Powell: Northern European economies have moved away from cash to a remarkable degree, more so than the U.S.
Quote
Powell said many questions need to be answered before adopting digital currencies in the U.S., including cybersecurity.

This is dystopian future he's depicting. Once again is not cybersecurity what they fear, but the lack of control.
Not because it's right, but because they can.
Cashless society is dystopian slavery.


bkbirge
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February 11, 2020, 05:22:10 PM

The Jesus Rolls (Big Lebowski Spinoff) - Official Trailer (2020) John Turturro, Christopher Walken
https://youtu.be/3_qcgXw32gc  Huh
Talk about absent dude Shocked

Seen it. Boy, is it bad.

For some reason he glued Jesus into a remake of Les Valseuses.

There's the odd moment but it doesn't half jerk to sudden halts and disappear off down dead ends. He's better left a perfectly formed memory.

They should've known not to mess with the Jesus.
El duderino_
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February 11, 2020, 05:27:00 PM

bkbirge
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February 11, 2020, 05:27:10 PM
Merited by El duderino_ (5), fillippone (2), vapourminer (1), JayJuanGee (1)

Quote
Powell: Northern European economies have moved away from cash to a remarkable degree, more so than the U.S.
Quote
Powell said many questions need to be answered before adopting digital currencies in the U.S., including cybersecurity.

This is dystopian future he's depicting. once again is not cybersecurity what they fear, but the lack of control.
Not because it's right, but because they can.

Yes I agree. I think the gov't folks will continue to hammer as long as they can on the false narrative of crypto being a haven of criminals. I don't share your optimism that they can't stop it, maybe technically they can't really but they sure can make it hard enough for the average person in their jurisdiction to use that the difference between being banned and heavily regulated will make no practical difference. I don't think that overly pessimistic view will happen either though as so many of the moneyed class in power are already heavily involved in crypto. I suspect the end game is that all the old fogeys will hold onto their beliefs until they are replaced by new blood that has already embraced the technology and figured out ways to maintain or increase control while enjoying the benefits.
JimboToronto
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February 11, 2020, 05:29:39 PM

Is it really true, no more Vegeta memes?

No please, not anymore. We've had enough of that stupid "It's over $9000!!" meme!

Time to move on. Roll Eyes

Good chance Vegeta will return when corn hits $90.000. Tongue

But first we need Sparta memes at $30,000.  Cool
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February 11, 2020, 05:35:25 PM




Why have you got "Baby Blue Panties" as your personal text? Is that the colour of knickers you are wearing today?
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February 11, 2020, 05:40:18 PM
Merited by JayJuanGee (1)

Why have you got "Baby Blue Panties" as your personal text? Is that the colour of knickers you are wearing today?

If this continues you're going to find a poisoned umbrella tip locating a major blood vessel. Final polite warning.
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February 11, 2020, 05:40:50 PM

https://www.globaltimes.cn/content/1179234.shtml
Quote
Fresh evidence is suggesting that the incubation period of the novel coronavirus in China could be longer than previously suggested 14 days, likely reaching up to 24 days in some cases.

Covid-2019, making 40 days quarantine great again.
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February 11, 2020, 05:48:30 PM

Surely Bitcoin is gaining popularity and last night's $68 billion injection isn't exactly inspiring confidence in the dollar either.  Watching this shit unfold, I wouldn't dare get caught without some BTC in such times.
Bitcoin, the only hedge that matters.  
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February 11, 2020, 05:49:29 PM
Last edit: February 11, 2020, 06:04:32 PM by HI-TEC99

Why have you got "Baby Blue Panties" as your personal text? Is that the colour of knickers you are wearing today?

If this continues you're going to find a poisoned umbrella tip locating a major blood vessel. Final polite warning.

Seems like I touched a raw nerve. So you are wearing Baby Blue knickers today.



I take that back. You must have changed your knickers and are now wearing "27.9659 82.8001 - Protocol 781" colored knickers today.



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February 11, 2020, 06:14:04 PM
Merited by marcus_of_augustus (5), bones261 (4), BobLawblaw (2), vroom (1)

We should see another golden cross, sometime next week...

Now vs. 10 months ago (with sma50 and sma200):

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February 11, 2020, 06:23:00 PM
Merited by Lambie Slayer (2), bkbirge (1)

America is being burred alive in debt and this guy will not mention one word of what the FED is doing, instead this:
Quote
BEST USA ECONOMY IN HISTORY!
https://twitter.com/realDonaldTrump/status/1227224631754489857

Watch, another 4 years bought an paid for by corporatocracy
#Unfuckinbelievable
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February 11, 2020, 06:24:28 PM
Merited by ivomm (1)

I made another small buy the day before yesterday at $10100.
We then had the mini dump, correction to $97xx and I was thinking oh crap.
But a day later and I am in the green again and I began to think that surely it is always better to buy at the top than it is to sell at the bottom.
Long live king Bitcoin.
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February 11, 2020, 06:31:04 PM
Merited by El duderino_ (3)

5 figures again soon?

$10k USD/BTC by EOD at this rate. 🤞

This aged well
gentlemand
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February 11, 2020, 06:31:42 PM

I take that back. You must have changed your knickers and are now wearing "27.9659 82.8001 - Protocol 781" colored knickers today.

Sadly that means it's out of my hands.

If it brings you some comfort then run by all means. You may receive a fleck of mercy by simply waiting for them in place.
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