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Question: What happens first:
$65,000 - 59 (86.8%)
$48,000 - 9 (13.2%)
Total Voters: 68

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26336779 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.)
Cryptotourist
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June 30, 2020, 02:15:09 PM
Merited by BobLawblaw (1)

Shoo shoo... run along.... Notice that I have vegeta behind me on this one....

Dude. You're gayer than I am sometimes. And that's really REALLY difficult to accomplish.

Found gay JJG on a Swedish bronze age rock carving (in the middle if there was any doubt).






This cannot be JJG.
As much as the middle might be the place to be, there is something seriously wrong about the size of the depicted models.

#nohomo
#familystyle
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June 30, 2020, 02:18:33 PM
Last edit: June 30, 2020, 02:38:23 PM by dragonvslinux
Merited by JSRAW (1)

This is no time to be shorting in my opinion, am still eyeing up a move to $9.4K - $9.5K on the 4hr based on the current fractal in play before heavy rejection and the shorts piling up at this level. Price still needs to cleanly move above $9.6K-$9.7K* to return to bullish conditions, back above it's MAs and leaving the bearish channel. Daily chart looks alright though minus the bearish factors *shrug*, Weekly is still waiting for a break of $8.8K to confirm bearish trend change so relatively neutral still. Monthly close coming today might affect the market tomorrow. While it's more than likely to be a bearish close, the quarterly and bi-annual candles will be printing very bullish candles it's worth noting (for the macro perspective).



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June 30, 2020, 02:27:55 PM
Merited by LFC_Bitcoin (1)



I love graphs like this. And the best part of graphs like this, is that the vertical (price) scale is logarithmic. It's the only type of scale that can contain and visualize the upcoming bull run that's going to take us to new heights measured by number of digits.

Leave the linear scales to gold and silver, log scales all the way for Bitcoin!

HoDL.
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June 30, 2020, 02:35:40 PM
Merited by JayJuanGee (1)

"Bitcoin adoption in Africa is setting all-time highs every week now.

In just 3 months, P2P volumes are up:

125% in Nigeria
199% in Kenya
194% in South Africa
257% in Ghana

Combined, these four currencies are now exchanging over $15M USD/week of Bitcoin.
"


https://twitter.com/kerooke/status/1277964516043583494
dragonvslinux
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June 30, 2020, 02:41:10 PM

This is no time to be shorting in my opinion, am still eyeing up a move to $9.4K - $9.5K on the 4hr based on the current fractal in play

Pfffttt... Like Corn gives a fuck about fractals. We'll be lucky to touch $9,300 USD/BTC today.

</grumpy>

For reference sake, not $9,300 today no. More likely re-testing sub $9K for another bear trap after monthly close imo.
$9.4K would be the extrapolated target in the next few days, as the fractal shows...
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June 30, 2020, 02:46:48 PM

When any high profile nutjob leaves the crypto space there always seems to be another in line to take the limelight...
https://cointelegraph.com/news/max-keiser-us-hash-rate-war-with-iran-can-send-bitcoin-price-to-500k
Quote
“So this is God looking at us through the protocol and trying to figure out, ‘How do we fix this human species because they’ve gone way off track due to central banking?’”
Lucius
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June 30, 2020, 02:56:57 PM

Pigs attack again🐷 - The Chinese say the new virus has the potential to become pandemic👨‍🔬

https://www.dw.com/en/chinese-study-warns-new-swine-flu-virus-has-pandemic-potential/a-53997157
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June 30, 2020, 02:57:14 PM
Merited by JayJuanGee (1)

I think the price will go up in the next few hours, According to the selling buying signals.
BTC/USDT







You guys can see there is buying pressure and I hope the price will go up now.

Source: https://www.coingecko.com/en/coins/bitcoin
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June 30, 2020, 02:57:49 PM

When any high profile nutjob leaves the crypto space there always seems to be another in line to take the limelight...
https://cointelegraph.com/news/max-keiser-us-hash-rate-war-with-iran-can-send-bitcoin-price-to-500k
Quote
“So this is God looking at us through the protocol and trying to figure out, ‘How do we fix this human species because they’ve gone way off track due to central banking?’”


At least this one is bullish on BTC. $500,000 per coin, ahhhhh **daydreams**
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June 30, 2020, 03:06:47 PM

Pigs attack again🐷 - The Chinese say the new virus has the potential to become pandemic👨‍🔬

https://www.dw.com/en/chinese-study-warns-new-swine-flu-virus-has-pandemic-potential/a-53997157
Nah China please, coronavirus (COVID-19) is enough for us, I don't think the world needs any more viruses.🙏
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June 30, 2020, 03:14:09 PM
Merited by JayJuanGee (1)

When any high profile nutjob leaves the crypto space there always seems to be another in line to take the limelight...
https://cointelegraph.com/news/max-keiser-us-hash-rate-war-with-iran-can-send-bitcoin-price-to-500k

Quote
“So this is God looking at us through the protocol and trying to figure out, ‘How do we fix this human species because they’ve gone way off track due to central banking?’”

At least this one is bullish on BTC. $500,000 per coin, ahhhhh **daydreams**

How I'd love to see the shop owner's face when I tell her that the 1 BTC I bought in 2015 from her shop's newly installed Bitcoin ATM (then worth $220), is now worth $500k.  Shocked  Cool

I may pay her a visit when this happens. I do hope she bought some BTC for herself...
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June 30, 2020, 03:17:10 PM

CCP says Indian ban on 50+ Chinese app is against the WTO rules and very discriminatory.

Meanwhile Facebook, Twitter, Quora, Google etc etc etc

 
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June 30, 2020, 03:37:22 PM
Last edit: June 30, 2020, 03:49:47 PM by JayJuanGee
Merited by El duderino_ (2), JSRAW (1)

"Bitcoin adoption in Africa is setting all-time highs every week now.

In just 3 months, P2P volumes are up:

125% in Nigeria
199% in Kenya
194% in South Africa
257% in Ghana

Combined, these four currencies are now exchanging over $15M USD/week of Bitcoin.
"


https://twitter.com/kerooke/status/1277964516043583494


When I look down the tweet thread, there is a claim that they are using data from this website:

https://www.usefultulips.org/Combined_World_Page.html

Which apparently is largely relying on P2P data from paxful and local bitcoins which may not tell the full story.

Of course, there might be better sources that attempt to show the trading volume of more p2p trading places, too.

When any high profile nutjob leaves the crypto space there always seems to be another in line to take the limelight...
https://cointelegraph.com/news/max-keiser-us-hash-rate-war-with-iran-can-send-bitcoin-price-to-500k
Quote
“So this is God looking at us through the protocol and trying to figure out, ‘How do we fix this human species because they’ve gone way off track due to central banking?’”

Max has been a bullish nutjob in the space for a quite a long time... like around 10 years or so.  Of course, sometimes he is nuttier and more outlandish than at other times, but largely he has been directionally correct, even while some of his specific have sometimes been a bit off, while he frequently proclaims to get quite a bit right, which probably contributes to his being perceived as being ongoingly overly excited..    Cheesy Cheesy Cheesy Cheesy

Overly bullish or overly excited in the positive direction does not really bother me very much, especially given what asset class and actual dynamics we are talking about in bitcoin, which remain faucking amazing on an regular mindtripping basis... I hardly can believe it myself (sometimes I have to slap myself   Cheesy Cheesy Cheesy), in terms of what I have been witnessing in the past 6.5 years or so (in terms of both reviewing and learning bitcoin-related history and even how development, adoption and theoretical discussions have been playing out).
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June 30, 2020, 03:43:21 PM
Last edit: September 10, 2023, 01:41:21 PM by dragonvslinux
Merited by El duderino_ (2), BobLawblaw (1)

Don't know if anyone else posted this, but the no.2 richest bitcoin whale (with 0.5% of supply) just made a move...



Source: https://twitter.com/BtcBlockBot/status/1276652510204366852
Tx: https://www.blockchain.com/btc/tx/ccba4d6a4745d99f0a4946610387f86046a17852fc073fb65d837407a25cfd5c
Article: https://dailyhodl.com/2020/06/30/crypto-whale-drains-enormous-bitcoin-wallet-in-936000000-transaction-heres-where-the-btc-is-heading/

Some are now speculating over a dump, but no-one in their right mind with 100K Bitcoin would be dumping on the open spot market surely. The price would literally go to zero based on combined order book liquidity being less than $933m. It therefore wouldn't even be possible to sell it all using all exchanges, you'd still be short around 6K BTC  Roll Eyes

Looks like they just chipped off 5K Bitcoin for some other purpose, possibly an OTC trade, similar to the initial 100K transaction in April when 5K was also put elsewhere. Both 5K transactions haven't ended up to exchanges yet. Good chance this is an exchange wallet imo. Thoughts?
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June 30, 2020, 03:54:13 PM
Merited by Hueristic (1)

When any high profile nutjob leaves the crypto space there always seems to be another in line to take the limelight...
https://cointelegraph.com/news/max-keiser-us-hash-rate-war-with-iran-can-send-bitcoin-price-to-500k
Quote
“So this is God looking at us through the protocol and trying to figure out, ‘How do we fix this human species because they’ve gone way off track due to central banking?’”


And I thought I was a BTC maximalist.

Quote from: Max Keiser
Bitcoin is the Mona Lisa of the 21st century: it’s self-aware, it is observing us through the quantum mechanical aspects of technology, and it’s channeling the eyes of God.
JayJuanGee
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June 30, 2020, 03:56:50 PM

When any high profile nutjob leaves the crypto space there always seems to be another in line to take the limelight...
https://cointelegraph.com/news/max-keiser-us-hash-rate-war-with-iran-can-send-bitcoin-price-to-500k

Quote
“So this is God looking at us through the protocol and trying to figure out, ‘How do we fix this human species because they’ve gone way off track due to central banking?’”

At least this one is bullish on BTC. $500,000 per coin, ahhhhh **daydreams**

How I'd love to see the shop owner's face when I tell her that the 1 BTC I bought in 2015 from her shop's newly installed Bitcoin ATM (then worth $220), is now worth $500k.  Shocked  Cool

I may pay her a visit when this happens. I do hope she bought some BTC for herself...

Verify that she is not holding any wrench or wrench-like object when you disclose this information to her.  

You will thank me later.    Wink

Don't know if anyone else posted this, but the no.2 richest bitcoin whale (with 0.5% of supply) just made a move...



Source: https://twitter.com/BtcBlockBot/status/1276652510204366852
Tx: https://www.blockchain.com/btc/tx/ccba4d6a4745d99f0a4946610387f86046a17852fc073fb65d837407a25cfd5c
Article: https://dailyhodl.com/2020/06/30/crypto-whale-drains-enormous-bitcoin-wallet-in-936000000-transaction-heres-where-the-btc-is-heading/

Some are now speculating over a dump, but no-one in their right mind with 100K Bitcoin would be dumping on the open spot market surely. The price would literally go to zero based on combined order book liquidity being less than $933m. It therefore wouldn't even be possible to sell it all using all exchanges, you'd still be short around 6K BTC  Roll Eyes

Looks like they just chipped off 5K Bitcoin for some other purpose, possibly an OTC trade, similar to the initial 100K transaction in April when 5K was also put elsewhere. Both 5K transactions haven't ended up to exchanges yet. Good chance this is an exchange wallet imo. Thoughts?

My thoughts are that your thoughts are largely reasonable.   Tongue
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June 30, 2020, 04:06:42 PM
Merited by JayJuanGee (1)

"Bitcoin adoption in Africa is setting all-time highs every week now.


https://twitter.com/kerooke/status/1277964516043583494


When I look down the tweet thread, there is a claim that they are using data from this website:

https://www.usefultulips.org/Combined_World_Page.html

Which apparently is largely relying on P2P data from paxful and local bitcoins which may not tell the full story.

Of course, there might be better sources that attempt to show the trading volume of more p2p trading places, too.
I think its about setting a narrative too " BTC Acceptance in Africa" sure they could have done better job by digging more but seems fine to me as long as numbers are going up, Sub Saharan African map looking good there anyway.


@jojo69 missing?
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June 30, 2020, 04:58:22 PM
Merited by goldkingcoiner (1)

Well fuck....


https://twitter.com/revain_org/status/1278009220248612865?s=21
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June 30, 2020, 05:07:37 PM
Merited by TheArchaeologist (3), goldkingcoiner (2)


Bitcoiners have waited longer before  Tongue
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June 30, 2020, 05:18:54 PM

Bitcoin available in Australia post offices. Smiley

Bitcoin has been available at many post offices in the EU for years -> BTC Post offices

But if you want a real paradise for all crypto lovers come to Croatia and visit BitcoinStore, buy/sell crypto without any ID/KYC in the amount of 15000 HRK (2000 EUR) daily. If even that is not enough, hold your coins for at least 2 years after purchase and pay exactly 0% tax after sale Cool

Following up to your above post, Lucius, perhaps Croatia was amongst the earlier (not the first, as you had said in a couple of your other posts) countries to really get into expanding bitcoin offerings through its post offices.

I just noticed that Daniel91 started such thread on the topic of the Croatian post office offerings in July 2019.  Initially it appears that the offer was only in one post office, and they would buy bitcoin and 4 other cryptos (aka shitcoins) with a 4% fee.  I noticed that you have a few posts in that thread too, Lucius.

Danial updated the status in January by asserting that bitcoin offerings in Croatia post offices had expanded - even though it started out as a kind of pilot project.  There was a notice that issued in mid-December that described that the expansion had gone to expanding the selling of bitcoin and the four other cryptos and expanded from 3 post offices to 55 post offices, and there seems to be some plans that the ability to buy (also) will be added at a later date, soon.tm  You could translate this article to English.

Why is this news still rising to the top? Is it still possible to exchange crypto in Croatian post office??

Yes, of course Smiley
In the beginning it was just a pilot project and this service was available only in the 3 local post offices in Zadar.
Now, this service, crypto exchange, is available in all main post offices in Croatia, in every city in the country.
Great news for us, crypto lovers  Grin Grin
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