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

[ivomm]

Tether, i.e. Bitfinex was the main driving force of the bull run in 2017 until Q4. Let's not forget that the most important run from $800 to $2900 was caused by the inability to withdraw fiat in Bitfinex. People were buying bitcoins and tranferring them to other exchanges. On the day the withdrawals were permitted again, the price fell by 40%. However, since Q4 2017 Bitfinex gradually lost its leading role. Now the daily volume is 2.5x less than Bitstamp's. All of the recent pumps/dumps did not start on Bitfinex. A curious thing though is that the order books of Bitfinex are much fatter than on Bitstamp. For example 1500BTC are put up to 10K in Bitstamp, compared to 4000BTC on Bitfinex. This thing hasn't changed since 2017. It shows the difference of the traders culture. Nowadays, there are many n00b traders on Bitstamp and especially Coinbase, who do not put limit sells. They just press the sell button if there is 1-2% increase, which often results in actual selling 5-10% below the current price, because of the overload of the exchange when multiple market sells are executed at once. There are millions chinese still solving captchas for cents and at the same time trading on exchanges. They jump to the ceiling if they can manage to get 1$ profit per day.

[Indymoney]

I wonder how the WO looks like in 2021 - 2024 range.

I guess we'll have to move to Instagram to share our lambos/hot models/villas/100k party pics... 

I like this idea so now time to move

[Last of the V8s]

ahahahahah

the Crete police dismisseth us

[serveria.com]

I wonder how the WO looks like in 2021 - 2024 range.

I guess we'll have to move to Instagram to share our lambos/hot models/villas/100k party pics...  

I like this idea so now time to move

Lil pump underway btw...   Vegeta here we come!

[boumalo]

The price has been raising with higher highs and higher lows since the 8157 low on may 11th 08:05PM

Think we could go up close/past the previous short term top of 9164.5

[Globb0]

[OutOfMemory]

It WAS over 9000 again 
Have a nice afternoon.

[lightfoot]

Looks like it's hanging on AT 9000!!!!!

(again)

[LFC_Bitcoin]

[vroom]

the day we cross 9000 for the last time will be my personal holiday. Die vegeta, die!

[bitbollo]

[El duderino_]

Haha lol 

[HeRetiK]

the day we cross 9000 for the last time will be my personal holiday. Die vegeta, die!

It really feels like watching a DBZ episode at this point

[tranthidung]

I rarely make posts in WO but today let me take one post to show you that interesting thread. Top-10 mining pools on bitcoin network over years (2009 - May 2020). In order to avoid clogging up the WO thread, this page in particular, I only give link. So if you are interested, please visit my thread.  

Here is a minor disclosure
All time

[fillippone]

How do you extrapolate all of that from that graph? some go up some go down average seems about straight. Maybe they moved exchanges, maybe an exchange decided to run down its money. Seems like complex equivalence to blame some saying, or sudden change in trader mentality.

I extrapolate with my own free thinking.
For sure I don't pretend to smuggle it for truth or science.
I think it's good food for toughts.I am very open to discussion.

[soullyG]

[rdbase]

the day we cross 9000 for the last time will be my personal holiday. Die vegeta, die!

Vegeta must die so we can stay above $9000 this time.
Agreed!

The consensus should be in favor of a unanimous decision on it.

Long live the new era...
https://www.pinterest.ca/pin/575334921144579240



"Go Goku Go!" could be the new rally cry til $10,000.

[boumalo]

Looks like it's hanging on AT 9000!!!!!

(again)

9095 now

previous short term high was 9165.5 (on bitmex)
second previous short term high was only 8991

what is the support ?

There are still a lot of bears but a lot of pressure for a higher price as well, i think we can go test 10k again and this time or a following pump up, we may go much higher

[TheBeardedBaby]

Got a really shity week, thing always going on the bad direction in group of at least five, as a bonus didn't closed some open positions on time. I don't use the stop-loss anyway, only alarms coz the market is too dynamic. Anyway, lesson learned, don't give your phone to the kids when you have an open position without stop-loss. Finally a break over 9k is a positive movement. Hope that with the black serie is over now and more sunny days are on it's way, literally
Sorry for the distraction... Btc over 9k, Woohoo

[LFC_Bitcoin]

Keep fucking stacking

@BitcoinBudgie
If all 21 million #Bitcoin  were to be distributed equally, each person on Earth would get only 0.0027 BTC.
https://twitter.com/bitcoinbudgie/status/1260547480195944448?s=21


(It’s actually less because about 4 million BTC are lost or unattainable)