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

[BitcoinGirl.Club]

Voted yes ..... feel my head swelling cause of big brains 

I think we will still see some under $9k but I really wish we do not.

[Indymoney]

Voted yes ..... feel my head swelling cause of big brains 

I think we will still see some under $9k but I really wish we do not.

I am also wishing we will never go again under $9K because now its very boring.

[Peanutswar]

It's over 9000. /bored

Are you ready for over nine thousand memes?

Voted yes ..... feel my head swelling cause of big brains 

I think we will still see some under $9k but I really wish we do not.

The bitcoin falls down and already trying to reach the 10k market price still do we need to hope to make another increase of over 13k? or it is better to wait for another dip and repeat the cycle of came from 10k falling down to 9k and 4k again, then increase again.. and again..

[El duderino_]

It's over 9000. /bored

Are you ready for over nine thousand memes?

Voted yes ..... feel my head swelling cause of big brains 

I think we will still see some under $9k but I really wish we do not.

The bitcoin falls down and already trying to reach the 10k market price still do we need to hope to make another increase of over 13k? or it is better to wait for another dip and repeat the cycle of came from 10k falling down to 9k and 4k again, then increase again.. and again..

Better is to not think about it at all

[LFC_Bitcoin]

@BitcoinMagazine
Bash #Bitcoin  and pay the price one way or another.

Tick tock tick tock...

[El duderino_]

This is a new model I'm working on, it picks the start of exponential bull runs.

1) Bitcoin was setting up for a bullish run until the COVID white swan killed the party.

2) This model suggests we are close to another bullish run. Maybe another month to go.



https://twitter.com/woonomic/status/1276840377991827457?s=21

Another way to use of the model here.

Very clearly shows how COVID was a model breaking outlier.



https://twitter.com/woonomic/status/1276840380428808192?s=21

The longer this bull market takes to wind up, the higher the peak price (Top Cap model). A long sideways accumulation band is ultimately a good thing.



https://twitter.com/woonomic/status/1276844191343980544?s=21

[soullyG]

Well that was a nice bear trap

[qwizzie]

Well that was a nice bear trap

Certainly starting to look like one.

BTC = $9,144

[reliable]

I can always count on the over 9000 memes. Even when it hits 90,000 people will still have the memes on speed dial.

Just to let you know it had fallen till 8900$ value and after that we have seen the slightly upwards movement in the price and again it can crossed9k levels and at around 9050$ levels. Though the trade here seems could go any which ways and also, we can again see it falling back to below 9k. Though wish that it does not fall too steep and gain momentum from here.

[Hueristic]

^Ha!  You took out the BFG

Looks like 5.56mm to me.

 Oh yeah in the picture but if you follow the twitter link, he had a Smith & Wesson .44 magnum and it was also a reference to Doom 3

 

I always preferred DoomGuy for 9k but maybe we can break him out for 100k.

Looks like you beat me too it.

[Toxic2040]

1h

4h

[rolling]

BCH ATL

If it ever had a use case, it's gone now with the widespread creation of stable coins which are now spreading to other currencies. They are mostly used in the crypto community for now but I could see them becoming a payment method more than I can see bcash becoming one. There are only so many use cases for crypto. Here's how I see it.

Value storage and transfer = Clear winner Bitcoin - Price needs to be 100x - 1000x to fulfill its role for the whole world
Smart contracts = Likely winner Ethereum - Works better with a low price to keep transactional cost low
Connection between the real world data and blockchain = Likely winner Chainlink - Works better with a low price to keep transactional cost low
Cash Payments/Stable transfers = Likely winner Stable Coins - Fixed price
Inter-blockchain swaps = No clear winner - Works better with a low price to keep transactional cost low
Decentralized finance = No clear winner - Value needs to be backed by bitcoin to work long term

Utility tokens or chains = No value beyond the micro transactional cost
Privacy coins = Likely phased out as winners improve privacy
Scaling solutions = Likely phased out as winners improve scaling

[JimboToronto]

Good morn Bitcoinland.
Nine one five two US bucks
(Bitcoinaverage).

You may have noticed
It's Haiku Sunday again.
It's time for verses.

Though some may hate them,
It's also time for Veg memes,
Over nine thousand.

Since some people like
Little children's cartoon memes
Here is Veggie Tales:

[LFC_Bitcoin]

A bear trap was set
We dumped below nine thousand
Weak hands shaken out

Now we head upwards
Ten thousand not far away
Moon come soon brothers


-Haiku Sunday-

[JayJuanGee]

BCH ATL

If it ever had a use case, it's gone now with the widespread creation of stable coins which are now spreading to other currencies. They are mostly used in the crypto community for now but I could see them becoming a payment method more than I can see bcash becoming one. There are only so many use cases for crypto. Here's how I see it.

Value storage and transfer = Clear winner Bitcoin - Price needs to be 100x - 1000x to fulfill its role for the whole world
Smart contracts = Likely winner Ethereum - Works better with a low price to keep transactional cost low
Connection between the real world data and blockchain = Likely winner Chainlink - Works better with a low price to keep transactional cost low
Cash Payments/Stable transfers = Likely winner Stable Coins - Fixed price
Inter-blockchain swaps = No clear winner - Works better with a low price to keep transactional cost low
Decentralized finance = No clear winner - Value needs to be backed by bitcoin to work long term

Utility tokens or chains = No value beyond the micro transactional cost
Privacy coins = Likely phased out as winners improve privacy
Scaling solutions = Likely phased out as winners improve scaling

This is all nonsense, rolling.

you have to have security before you can have anything.. so all the value of all of those various shit frameworks and purported distinctions are going to gravitate into bitcoin in the long run, even if there might be some side chains and second  and third layers that end up getting attached to bitcoin in one way or another, so no need to be touting shitcoin nonsense in these here parts, and if you want to play around with that smoke and mirror centralized scam baloney, try to make distinctions and bets, then likely better to discuss those points to the extent there might be any validity in such claims, in other places.

[bkbirge]

Grampa's choking death
suddenly buoyant bitcoin
too late post covid

[AlcoHoDL]

My haiku-style guess:
ATH by end of year,
6 digits in 3.

[dragonvslinux]

Happy Sunday WOers! Looks like bears got too confident yesterday and were yet again trapped. Only to confirm a higher low within the macro bull channel  
People need to stop talking about the "dump" that occured. It was a -1.67% down day, low volume & again low volitility

Everything looks fine today, bears are running out of steam, getting bored of the regular traps by the looks of it. About time the bulls got trapped now imo.
Let's see what next week has in store... hopefully a lot more price action than this week!

[LUCKMCFLY]

For Max Keizer both Gold and Bitcoin:

"Indestructible, scarce, desirable and that maintains its value as a reserve."

Youtube: https://www.youtube.com/watch?reload=9&v=h-EM14ePohs&feature=youtu.be

The best is when he recommends: "Buy Bitcoin" to be prepared when the crisis comes.

[Toxic2040]

Young, old nevermind
Shallow dream and distant shoal
Calling towards Moon


Have a great Sunday everyone.
tc