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Question: October Closing Price:
<$59,000 - 10 (18.9%)
$59,000-$60,000 - 1 (1.9%)
$60,001-$61,000 - 1 (1.9%)
$61,001-$62,000 - 2 (3.8%)
$62,001-$63,000 - 7 (13.2%)
$63,001-$64,000 - 5 (9.4%)
$64,001-$65,000 - 4 (7.5%)
$65,001-$66,000 - 3 (5.7%)
$66,001-$67,000 - 2 (3.8%)
$67,001-$68,000 - 1 (1.9%)
>$68,000 - 17 (32.1%)
Total Voters: 53

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25467966 times)
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OutOfMemory
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July 19, 2020, 08:02:39 PM

My thoughts: Bitcoin is going to pop one way or the other before the end of July. IMO it will depend on the Global Market. In the USA people are going lose their unemployment benefits at the end of July............what is likely to happen, is that we will see another huge stimulus bill pushed through which will lead to more inflation of the money supply. This should push the Global Markets higher, which in turn will allow Bitcoin to move higher too.

Im going to lean bullish here.

I agree that this is probable, but the question arises..when will it stop? Never? Are we at a verge of basic income and MMT?
Too much resistance to those ideas, so it is unlikely to happen. However, passing every 6 mo a 2-3 trillion bill does not seem likely either.
At the moment, it is clearly gold and high beta stocks that benefit the most. Bitcoin is not in play and I wonder why. maybe because it was in a deep correction for too long and lost its appeal with the fast money. It could be temporary, though. At least, this is my hope, but the whole apple-cart is upside down.

Regardless, there will be dumps as long as miners aren't finished liquidating spare coins.
This might also explain (partially) all the sideway-ish movements after the halvenings.
When the dumping has finished, the price has a chance to rise gradually into the next FOMO over the course of 1-2 years. I guess the next FOMO bull will be weaker, relatively, mainly because of higher corn dollar price.

Imagine SOMA disclaimer here  Grin
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El duderino_
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July 19, 2020, 08:09:07 PM
Merited by LFC_Bitcoin (1)

I cannot follow bob atm...

Not surprising.

You're so vain.
I bet you think that song is about you ?

Don't you ?

And to think I came so close to revealing myself to you back on that other thing before V8 went fulltard.

Mmm I can only think one thing.... I have revealed myself fully to all those on our meet and I’m very glad I did so....

Also V8 is an extremely honorable man... you and everyone can take my word for that...
For you bob.... I cannot find one thing I did wrong, but see it as you pleased

Early drunk HODLsleep

Cheers brothers
AlcoHoDL
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July 19, 2020, 08:17:12 PM
Last edit: July 19, 2020, 10:35:39 PM by AlcoHoDL
Merited by El duderino_ (4), bitebits (2), JayJuanGee (1), Icygreen (1), strawbs (1)

JSRAW sealed the deal :-)
Is he a Legendary now?
No he is still Hero Member. Icygreen is Legendary now.
Congrats Icy.

When was the last time we were this  quiet?

Yeah, congrats to Icygreen, on rising through the WO ranks!

Very quiet indeed. It does feel that something has changed... Only one force can remedy this stagnation, and that force is Bitcoin. A pump to $10k+ would surely liven up the place. Not to mention $20k+...

HoDL strong brothers. It will come.

Just be positive, and that positivity will come back to you 100% guaranteed. Sounds so cliché, I know, but it's true and it works -- whenever you have a bad argument with someone, or break up a friendship, just ask yourself if you ever were even a tiny bit unfair or did something wrong. If the answer is Yes and/or you've had a rough sleep the night after the incident, just call that person the next morning, meet up and hug him/her. If he/she doesn't want to do it, fair enough, you move on with your life. But that second chance after things have cooled off is essential. Speaking from experience.
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July 19, 2020, 08:29:40 PM

* BobLawblaw passes the rusted pipe to Toxic and V8 so they can have their way with each other, like that final scene in "Requiem for a Dream"

"First Rule"

Seriously ?

Go fuck yourselves.

You want to know what started my downward spiral with this thread ?

It was that place, and V8's bullshit.

An absolute OBLITERATION of trust.

Me: "So this is a hard partition right ?"
Everyone: "Yes"
V8: "But... but... I anonymized the data"

And I'm the one with the problem.

Riiiight.
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July 19, 2020, 08:40:19 PM
Merited by JayJuanGee (1)

So now your going to behave like a little child having a fit in walmart because mommy wont buy you a candy bar?  Really? Turn off your internet for a month or so and think about things for awhile is my advice.

I am disappointed in you Bob.
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It's all mathematics...!


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July 19, 2020, 08:40:36 PM

Hmm chickun is not arising
[/
This is a planned punishing attack by the big banks with all the free cash from qe ! The plan is to go sideways as long as possible and break the hodlers!!! Jamie diamond balls has been buying and shorting for years...imho Smiley
You guys must see this... right?
Disclaimer: someday Jamie will feed the homeless investors

Edit sorry vacation iPhone.... fat fingers
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Welcome to Costco. I love you.


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July 19, 2020, 08:46:11 PM

I am disappointed in you Bob.

I'm disappointed with a lot of you.

The feeling is mutual.

You are welcome to ignore me or request to have infofront delete all my posts, and have me banned from these forums if your little "Fight Club" is such holy and hallowed grounds.
Wekkel
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yes


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July 19, 2020, 08:47:41 PM

It’s that time in the cycle again, right?

 Grin
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It's all mathematics...!


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July 19, 2020, 08:53:24 PM

Bob , try and find peace and your center ...
I feel for you brother...
OutOfMemory
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July 19, 2020, 08:59:08 PM
Last edit: July 19, 2020, 09:27:40 PM by OutOfMemory

It’s that time in the cycle again, right?

 Grin

I was thinking about that too.
But i wasn't around that early, so it was only a feeling until i read your post.

Seems Bob has reasons. Whatever these are...
I hope it will turn out well and won't happen again.
Quote
Interesting times
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July 19, 2020, 09:17:04 PM
Last edit: July 19, 2020, 11:23:54 PM by Biodom

Can we get some memes for a 'flat' btc (apart from that with a poking stick)?
I'll start:
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July 19, 2020, 09:25:49 PM

-snipped-
Can we get some memes..

+1 WOsMerit


Sanity slowly returns to the Wall as we mourn the fallen.

Carry on.
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July 19, 2020, 09:43:13 PM
Last edit: November 30, 2020, 04:03:04 AM by suchmoon
Merited by LFC_Bitcoin (2), sirazimuth (1)

Can we get some memes for a 'flat' btc (apart from that with a poking stick).

Loading...
Edited 2020-11-30 to fix a broken image
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July 19, 2020, 09:50:03 PM


Loading...

That is really good...freaking deep.

+5 WOsMerits
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July 19, 2020, 10:15:00 PM
Merited by BobLawblaw (16)

Quote from:  wo thread
last few pages

yikes...
soxxx
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July 19, 2020, 10:55:33 PM

My thoughts: Bitcoin is going to pop one way or the other before the end of July. IMO it will depend on the Global Market. In the USA people are going lose their unemployment benefits at the end of July............what is likely to happen, is that we will see another huge stimulus bill pushed through which will lead to more inflation of the money supply. This should push the Global Markets higher, which in turn will allow Bitcoin to move higher too.

Im going to lean bullish here.

I agree that this is probable, but the question arises..when will it stop? Never? Are we at a verge of basic income and MMT?
Too much resistance to those ideas, so it is unlikely to happen. However, passing every 6 mo a 2-3 trillion bill does not seem likely either.
At the moment, it is clearly gold and high beta stocks that benefit the most. Bitcoin is not in play and I wonder why. maybe because it was in a deep correction for too long and lost its appeal with the fast money. It could be temporary, though. At least, this is my hope, but the whole apple-cart is upside down.

If the trend described below is true, then we would have a deflationary impulse as well:
https://www.politico.com/news/2020/07/19/wage-cuts-economy-crisis-368508
Bitcoin has benefited from QE. If we never had QE starting back in 2009, Bitcoins price would probably be lower than it is today.

Im not concerned about Bitcoin trading sideways for the last two months. Since Golds high in May, it is only up 2.5% since. When you zoom out and look at the big picture in a few years, it will look a lot clearer. I think these last two months have felt like forever, but on a time scale it is nothing. Lets see if Bitcoin breaks bullish or bearish first and then see. Gold has broken bullish, will Bitcoin too?
jojo69
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July 19, 2020, 11:17:02 PM
Merited by Icygreen (1)

aesma
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July 20, 2020, 12:40:46 AM

Obviously this sounds like a conspiracy theory but I fail to see how it makes sense otherwise.

some say it was an attack on crypto, but I'm not convinced that is the motive.   

"After the recent hack, Twitter has introduced a new restriction, which prevents posting crypto addresses.  Right now, no one is able to post random-looking strings of numbers and letters.  While the move will prevent the kind of scams that users fell victim to, it will also limit crypto users."

I'm not into social media although I do have a twitter (and youtube) account, but I'm not sure I see a legitimate reason to post a BTC address on twitter anyway. If you want to ask publicly, to random people, for money, surely you need a bit more than 160 characters to justify it ?

Not saying addresses should be banned, but I don't see much harm either.
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July 20, 2020, 12:44:15 AM
Merited by vapourminer (1), Biodom (1)

My thoughts: Bitcoin is going to pop one way or the other before the end of July. IMO it will depend on the Global Market. In the USA people are going lose their unemployment benefits at the end of July............what is likely to happen, is that we will see another huge stimulus bill pushed through which will lead to more inflation of the money supply. This should push the Global Markets higher, which in turn will allow Bitcoin to move higher too.

Im going to lean bullish here.

I agree that this is probable, but the question arises..when will it stop? Never? Are we at a verge of basic income and MMT?
Too much resistance to those ideas, so it is unlikely to happen. However, passing every 6 mo a 2-3 trillion bill does not seem likely either.
At the moment, it is clearly gold and high beta stocks that benefit the most. Bitcoin is not in play and I wonder why. maybe because it was in a deep correction for too long and lost its appeal with the fast money. It could be temporary, though. At least, this is my hope, but the whole apple-cart is upside down.

If the trend described below is true, then we would have a deflationary impulse as well:
https://www.politico.com/news/2020/07/19/wage-cuts-economy-crisis-368508

Basically stock market speculators (in the US) have a free ride. The market goes up they win, the market goes down the Fed and congress put more money into it so it goes up again. They can't lose. With BTC, you can lose.
JayJuanGee
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July 20, 2020, 12:55:36 AM

good morning

Back to say hello to our old friend vegeta, bitcoin is currently trading at $9.1kish. #dyor

bear pokes head over gunwale
1h


jump the hedge
4h

#stronghands

I am going to have to solicit batman, spiderman, some ficticious avatar, or maybe even vegeta (himself/herself) to slap ur lil selfie (aka smartass), at some point based on your seeminlyg false alarmenings of the WO thread members regarding bare minimum vegeta requirements.   Roll Eyes Roll Eyes Roll Eyes




 Tongue
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