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

[Toxic2040]

BTFD!!!

[bitcoinPsycho]

Holy shit what just happened ?

what was always going to happen after breaking resistance we were trying to break for full year. Powerful retest of it. But this thread is just full of idiotic smartarses.

[jojo69]

[El duderino_]

A good old weekend pump could be on the table 

[Hueristic]

I was getting a connection timed out msg for a good 5 mins or so on just the forum, but maybe it was just me then..

Confirmed, I had the same issue.
Maybe it was cloudflare.

"The move down came after CoinDesk reported that exchange platforms were witnessing elevated inflows of bitcoin, potentially a sign that some investors were preparing to liquidate some of their holdings."

Suuure it was Coindesk   Bitcoin gonna bitcoin

https://www.coindesk.com/bitcoin-plunges-450-in-1-hour-to-lowest-in-month

Well CB is in on every other POS tactic so price manipulation by FUD releases should be no surprise to anyone. BTW them doing this is extremely Bullish, it means they are running out of tactics to accumulate.

[NeuroticFish]

A good old weekend pump could be on the table  

Hope so, else all the nice growth from the last month 1/3 of july went down the drain.

Edit: correction

[Hueristic]

OT: Spotted via https://twitter.com/BitcoinMemeHub/status/1301393667085795329

The problem with this advice is the "Maximalists" are currently too busy trying to explain why INX is "different" than so many other ERC20s and why it's sad that the "bad people" made it hard for the "good people" to run a scam.  Umm, I mean contribute to a legitimate blahblah token.

I just need them to explain why anything on the mutable ETH chain is trusted let lone why a scam token is.

Maximalists embracing centralized trusted chain for anything turns my stomach and all of them need to goto immediate ignore status.

[JayJuanGee]

the noon wall report at 8.23am

fuck off juansnowgee

Are you dissing on one of my homeboys?  the name sounds familiar.

 

A good old weekend pump could be on the table 

Hope so, else all the nice growth from the last month went down the drain.

Going down the drain would suck.   

[infofront]

the "Maximalists" are currently too busy trying to explain why INX is "different" than so many other ERC20s

A lot of Bitcoin luminaries have lost A LOT of credibility over the past couple weeks, as far as the Twittersphere is concerned, over INX.

This is a good thing.

Kill your heroes.

EDIT: Also, I'm starting to get the fear. Bigly.

Fear of BTC crashing, or fear of a flippening?

[gembitz]

back to earth?  ~> $3500 reeeeee\\\\\\

[El duderino_]

the "Maximalists" are currently too busy trying to explain why INX is "different" than so many other ERC20s

A lot of Bitcoin luminaries have lost A LOT of credibility over the past couple weeks, as far as the Twittersphere is concerned, over INX.

This is a good thing.

Kill your heroes.

EDIT: Also, I'm starting to get the fear. Bigly.

Fear of BTC crashing, or fear of a flippening?

Fear?? Hmmmm

No silly talk on the WO please

[alevlaslo]

[goldkingcoiner]

Anyone who has not gotten enough BTC: This looks like a good place to buy. Retesting of the $10k/BTC support might not stay around for long. Do your own research.

[Leviathan.007]

Fear?? Hmmmm

No silly talk on the WO please

This fear infofront talking about makes some people fomo sell bitcoin and make better opportunity for the buyers
Bitcoin already passed many bad and good days the last bad one happened on 12th march and I saw a few silly people saying bitcoin is going to be 100$ or even less, but look at the price now.
The 12th march was a great day for people who bought one bitcoin at 4K in 2020.

By the way my, new technical analyze is ready on my tread. I'll quote here.

BTC/USDT 4H


Since I had some personal issues please accept my apologies for the delay.
The selling pressure is very high right now. I expect the price to fall down to the 10520 and then be rejected slightly higher. As long as the daily candlestick does not close below the range of 11400 the targets are 13000 and 13800. If the price comes below 14000 and stabilizes, we can have a the downtrend situation for bitcoin to 9800 and 8200. Also, There CME gap around 9600, where Bitcoin is usually interested in filling the gap with sharp movements. So we wait for the reaction to the support line 10400 to determine the mid-term movement of bitcoin.

[JimboToronto]

A good old weekend pump could be on the table 

Hope so, else all the nice growth from the last month went down the drain.

Nice growth from last month?

The nice growth happened in July not August.

August was sideways. September has seen prices dip.

[xhomerx10]

Anyone who has not gotten enough BTC: This looks like a good place to buy. Retesting of the $10k/BTC support might not stay around for long. Do your own research.

[d_eddie]

Stonks taking a plunge
Where's the decorrelation?
Corn also dipping





#haiku

[Toxic2040]

[Toxic2040]

in other news

150m hop completed by SN6

keep in mind that thing is 9m across and 30m high

[bitebits]

do I get this Breedlove guy right? he says that the only thing that is really scarce in our live is the time we are on this planet. the only other real scarce thing on earth is bitcoin. he wants to get paid in bitcoin, being as scarce as time itself, when he works, and not in fiat which isn't scarce at all and loses value constantly. when you get paid in fiat you get robbed time that you put into working, because the money they pay you devalues over time.

what would a central banker answer? "your life evaporates through your fingers while you try getting a grip on it. why not get paid in something that evaporates in the same manner? it keeps you running"

https://poddtoppen.se/podcast/1359544516/bitcoin-audible-previously-the-cryptoconomy/masters-slaves-of-money-by-robert-breedlove

got me thinking...

The Time vs. Money Dilemma, my friend.
I am about to share something I found worth reading even if I do not necessarily agree with everything that's written inside. You might find it useful https://jamesclear.com/value-of-time

I don’t like the lengthy article because it is based on a wrong assumption:

If you know your [working] time is worth $60 per hour, then you should always pay $49 for shipping [a new $19 bag] instead of spending one hour shopping at the store.

Most people can’t (easily) put in an extra hour of work and get paid for it. So your time is worth way less: a week has seven days of 24 hours each. Making financial decisions as proposed in the article makes you poor very quickly. And of course the real answer to the writers ‘dilemma’ is not buying the stupid new bag in the first place, or when really needed get a different one in a local shop without the relatively insane shipping fee.

Fiat is not money, but we are learnt at a very young age it is. It is designed to keep you spinning the hamster wheel. Fortunately Bitcoin gave us an exit.