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

[Tash]

So I was thinking on this whole trump rally thing without masks.
If his supporters all show up and start getting sick and he takes away their right to mail in a vote then how the hell is he gonna get re-elected when they are all sick?

Doesn't much matter. All the BLM/Antifa fucktards should start dying off, en masse, in about a week from all the peaceful protesting.

I didn't think of that, your right they are actually showing up to their rallies unlike trump supporters.

But then again they are wearing masks.

Some of them are wearing masks, sure...  

That goes well with the rest of the world
 



Over 20 African Nations and Haiti already use covid-organic drink and life goes on

[JSRAW]

" I love you all" - Covid-19
#Nohomo

[lightfoot]

Some of them are wearing masks, sure...  

For the ones dumb enough not to... Evolution in Action.

[lightfoot]

https://www.forbes.com/sites/billybambrough/2020/06/22/john-bolton-may-have-forced-donald-trump-into-a-surprising-2020-election-issue/#4d00b02206d4

Interesting, though I would guess that China's shitcoin will have all sorts of built in features to allow price and volume to be manipulated at will. Bitcoin would be a threat simply because you can't fuck with it by decree. Can't have that....

[vapourminer]

good morning (such as it is in 2020)

observing ~ $9600 USD at, uh, that place.

its like we are stuck in groundhog day.

but hey im cool with that 9 to 10k(ish)... for now.

[vapourminer]

LibertyX Allows BTC Purchases in Cash at 7-Eleven, CVS, and Rite Aid

In a June 22 announcement on LibertyX’s Twitter account, the crypto ATM service company said customers of retailers including 7-Eleven, CVS Pharmacy, and Rite Aid would be able to buy Bitcoin (BTC) with cash.

Users need to have the LibertyX mobile app installed, select which retailer location they will visit in advance, and scan their barcodes at the time of purchase. According to LibertyX, crypto holders can buy between $20-$500—up to 0.052 BTC as of this writing—with transactions processed in minutes for a small fee.

https://cointelegraph.com/news/libertyx-allows-btc-purchases-in-cash-at-7-eleven-cvs-and-rite-aid

https://twitter.com/libertyx/status/1275089855689654273

cant wait for one to come around here, just to buy some to support it.

on a related note, the coinstar machines around here (the change sorting machine you see at some supermarkets) dont offer bitcoin yet even though apparently some do.. bummer. i remember those machines being a life saver back when i was broke af.

[vapourminer]

So ... how do y'all feel about the monthly futures closing coming up this Friday?

friday? whats that.

ooooh yeah a day of the week. guess being retired has perks.


as for that futures stuff, my feeble brain, which has no clue, can only watch what others say about it. lemme know if its good news please.

[AlcoHoDL]

So ... how do y'all feel about the monthly futures closing coming up this Friday?

friday? whats that.

ooooh yeah a day of the week. guess being retired has perks.

as for that futures stuff, my feeble brain, which has no clue, can only watch what others say about it. lemme know if its good news please.

Oh yeah, I've been there (not retired, but working from home and not required to follow specific day/time routines). Sometimes you can forget what day of the week it is... Good stuff.

Futures, pumps, dumps, anything happening right now, I'm completely insensitive about... Being a HoDLer and not a trader, means you can relax and only take notice of the BIG things. I'll start feeling excited when I see $12k+/BTC, at which time the rocket's engines will be at full power and the ascent will begin.

Coming this year is my SOMA guess.

[Ibian]

Some of them are wearing masks, sure...  

For the ones dumb enough not to... Evolution in Action.

The rest of them too. None of them should be there.

Masks don't protect you against bugs, they protect others from your bugs. They also make it harder to breathe, as well as trap some of your co2 in the mask which you then breathe in again. Even more importantly, we do not hide out face in western cultures. Leave that to the muslims. Masks are an overall bad idea.

[Icygreen]

...

Whoa! Not sure if that's your Garden of Weeden, but if it is, nice job bro.....sooooooweeet!!
For past couple of seasons, I've been staking the main stem down parallel to ground  exposing all nodes to full sun
and they turn into multi-stem high yield monster bushes.

Sure is, thanks!
They've been topped twice and the canopy trained for max bush.  Love growing much more than the finished product even. I'll post more shots as it matures and finishes.  Should be a fun year. Its my effort to remember 2020 in a positive way.  BTC & THC

[BitcoinGirl.Club]

Good afternoon WO!
Observing @ $9,628
We are doing good.

[Indymoney]

Good afternoon WO!
Observing @ $9,628
We are doing good.

Yea in last few hours we are in good hopefully this will continue for next many days as well.

[BitcoinGirl.Club]

Yea in last few hours we are in good hopefully this will continue for next many days as well.

I can not wait to see the 5 figure and stay above it for long.

[rdbase]

Some of them are wearing masks, sure...  

For the ones dumb enough not to... Evolution in Action.

If a simple mask (it to me is just a fictitious placebo tool for those watching too much CNN) is going to defend you from getting a disease they are claiming is life threatening..
then let the four horsemen of the Oompa Loompas cometh.

Those antifa protesters won't like to know facts though and will now boycott poor charlie too.
"The Oompa Loompas Were African Slaves In The 1964 Book"
https://groovyhistory.com/oompa-loompas-the-original-ones
Bye Uncle Ben and Aunt Jemima.
https://www.usatoday.com/story/money/business/2020/06/22/aunt-jemima-other-racist-branding-held-power-beyond-breakfast-table/3228100001

Good afternoon WO!
Observing @ $9,628
We are doing good.

Told you'all Black Adam would save us!
ShAzAm!

[NeuroticFish]

Some of them are wearing masks, sure...  

Well, it's not easy to shout with a mask on.
It's not easy to walk for long time in hot weather with a mask on.
So although it's for a good cause, they should simply not be there and figure out something else.

[fillippone]

....  Just too many things happening IRL that I can only skim through the posts, let alone replying...

same. will catch up soon. meanwhile

@sassal0x

From Coinmetrics State of the network Newsletter:

   
Coin Metrics' State of the Network: Issue 56
Tuesday, June 23rd, 2020
Coin Metrics
Jun 23   

<...>

Market Data Insights
The Compound Effect

While the overall market has remained little changed over the past month with volatility near record lows for this market cycle, Compound’s launch of their governance token has ignited interest in the decentralized finance space. The amount of collateral locked within the Compound platform has surpassed Maker due to their implementation of liquidity mining -- paying out a certain amount of Compound tokens to borrowers and lenders on the platform.

Compound token’s rapid price growth has been reflected in most other DeFi tokens such as Aave, Maker, Bancor, and Kyber Network. This is suggestive of behavior last seen during the ICO-driven market bubble, although Ren and 0x’s muted price performance indicates that some rationality persists.

While financial asset bubbles in mature markets are generally undesirable, financial bubbles in rapidly emerging markets such as DeFi can be a good thing in the long-run because it can incentive the build out of additional infrastructure that normally would not be economical.


Source: Coin Metrics Reference Rates

Tether Supply Growth is Slowing

Since the beginning of the coronavirus-related lockdowns, Tether supply growth has been extremely strong. Here we show Tether’s free float supply, a measure of supply that represents the amount of supply freely available for purchase by investors. Notably, it excludes Tether that has been issued but not yet released. This year, a fairly steady rate of growth brought total Tether free float supply from around 5 billion units to 9 billion units. In just the past few weeks, however, Tether supply growth has slowed considerably, although it is still positive.


Source: Coin Metrics Network Data Pro

Although the assumption that Tether is fully backed by fiat currency is tenuous and not fully proven, one interpretation of Tether supply growth is that it represents new capital inflows into the space. The common narrative is that Tether is printed, sent to exchanges, and then used to purchase Bitcoin or other cryptoassets. Here we plot one-month Bitcoin price growth with one-month Tether supply growth to examine the connection. Recent data points to a tight correlation between the two time series. As Tether supply growth has slowed, Bitcoin’s price growth has also attenuated.

I am definitely lost and not following scammers down the rabbit hole.
I am an old style hodler. Not getting interested in getting rich quickly, I am interested in not getting poor slowly.
 

[JayJuanGee]

#BTC = $3100^8.7*e^-60 = $20K🚀



https://twitter.com/100trillionusd/status/1275108641763471361?s=21

#hopium
#btcGURU

 

Looks all lovey dovey, but I am not really sure how to read that attempted comparison of bitcoin price performance to the S&P500.  

Does it mean anything?  How would you describe what it is showing?

Does it show correlation between the two or not?  

Does it show orange coin go up relative to S&P500?

So ... how do y'all feel about the monthly futures closing coming up this Friday?

friday? whats that.

ooooh yeah a day of the week. guess being retired has perks.


as for that futures stuff, my feeble brain, which has no clue, can only watch what others say about it. lemme know if its good news please.

Exactly!!!!


Inquiring minds want to know some of the basics.  What's it all mean?  number go up?

Does any body want to know basics?  does any body need 'splainin about basic ting-a-lies?

#metoo

...... anything happening right now, I'm completely insensitive about... Being a HoDLer and not a trader, means you can relax and only take notice of the BIG things......

Oh, you no care about lil ting-a-lies?    

[Cryptotourist]

For the ones dumb enough not to... Evolution in Action.

Sure - the thing is - that evolution will get to you too.
Can't have proper sex with a P100, ... unless it's strictly bondage.
You can also discard the family style option, or die a virgin - like JJG.

Butt-plug anyone? #nohomo

[JimboToronto]

Good morning Bitcoinland.

Up a bit yesterday and holding... currently $9649USD/$13022CAD (Bitcoinaverage).

Still firmly entrenched in the $9xxx rut. Or is it a groove?

Go Bitcoin go.

friday? whats that.

ooooh yeah a day of the week. guess being retired has perks.

For decades now I've actually hated Fridays because you had to worry about getting shit done before everything closed. I love Mondays because everything gets back to normal.

Even more importantly, we do not hide out face in western cultures. Leave that to the muslims. Masks are an overall bad idea.

And hoodies. Ban hoodies.

Bye Uncle Ben and Aunt Jemima.
https://www.usatoday.com/story/money/business/2020/06/22/aunt-jemima-other-racist-branding-held-power-beyond-breakfast-table/3228100001

Next we've gotta get rid of Betty Crocker and Mr. Clean. Damned anti-white racist stereotypes. Also sexist. Betty Crocker's "June Cleaver" housewife image is an affront to feminism while Mr. Clean makes a mockery of male-pattern baldness. They've gotta go.

[Hueristic]

Next we've gotta get rid of Betty Crocker and Mr. Clean. Damned anti-white racist stereotypes. Also sexist. Betty Crocker's "June Cleaver" housewife image is an affront to feminism while Mr. Clean makes a mockery of male-pattern baldness. They've gotta go.

rotf