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

[Toxic2040]

the good morning report


#dyor

shes making full colors now sir...ensign, burgee and war flag aloft         eight bells and all is well
4h


D

#stronghands

[VB1001]

https://imgur.com/PJ8YutR

[JimboToronto]

Good morning Bitcoinland.

$11k seems to be holding for now... currently $11339USD/$14870CAD (Bitcoinaverage).

Hopefully this is the start of the autumn (northern hemisphere) rally.

Go Bitcoin go.

It worries me how excited people are over a tiny, random, upward blip that's obviously part of the normal fluctuations of bitcoin's proven downward trend. Without question the price will be back below $10k before the end of the year as the market continues its long term decline toward triple digits and below.

Born looser

Looser than a lot of people around here.

I don't know how many coins this OG joker holds but it's probably a lot more than most hat wearers.

It's easier to be an easy-going comedian when you're financially comfortable for life.

He probably didn't just have a boat accident. More like a fleet accident.

[JimboToronto]

https://imgur.com/PJ8YutR

 

[cAPSLOCK]

Good morning Bitcoinland.

$11k seems to be holding for now... currently $11339USD/$14870CAD (Bitcoinaverage).

Hopefully this is the start of the autumn (northern hemisphere) rally.

Go Bitcoin go.

It worries me how excited people are over a tiny, random, upward blip that's obviously part of the normal fluctuations of bitcoin's proven downward trend. Without question the price will be back below $10k before the end of the year as the market continues its long term decline toward triple digits and below.

Born looser

Looser than a lot of people around here.

I don't know how many coins this OG joker holds but it's probably a lot more than most hat wearers.

It's easier to be an easy-going comedian when you're financially comfortable for life.

He probably didn't just have a boat accident. More like a fleet accident.

Bingo.  Truer words never spoken.

[VB1001]

https://imgur.com/PJ8YutR

 

All happy except, the one on the plate

[Torque]

It worries me how excited people are over a tiny, random, upward blip that's obviously part of the normal fluctuations of bitcoin's proven downward trend. Without question the price will be back below $10k before the end of the year as the market continues its long term decline toward triple digits and below.

Born looser

[VB1001]

https://twitter.com/Excellion/status/1314751468977614848

[Biodom]

Defi team moves to bitcoin from cough-eth-cough (and the team is supported by Consensus).
Interesting.
https://twitter.com/AtomicFinance/status/1313928196295983107

Those who want to pooh-pooh defi as a concept: the addressable market is hundreds of trillions vs maybe 10-15 tril (if btc replaces gold).

[explorer]

Defi team moves to bitcoin from cough-eth-cough (and the team is supported by Consensus).
Interesting.
https://twitter.com/AtomicFinance/status/1313928196295983107

Those who want to pooh-pooh defi as a concept: the addressable market is hundreds of trillions vs maybe 10-15 tril (if btc replaces gold).

reading down: 

The hashrate is now 10x higher than it was at Bitcoin's previous all time high of $20k....

https://twitter.com/BITVOLT7/status/1314719879811993600

[cAPSLOCK]

Defi team moves to bitcoin from cough-eth-cough (and the team is supported by Consensus).
Interesting.
https://twitter.com/AtomicFinance/status/1313928196295983107

Those who want to pooh-pooh defi as a concept: the addressable market is hundreds of trillions vs maybe 10-15 tril (if btc replaces gold).

DeFi as an actual useful technology is certainly interesting.  But the initial build was all nonsense.  And like everything else being built to spam the ETH blockchain it is a mistake, and building a sidechain or drivechain pegged to BTC and rooted in it's security is what is going to happen. Maybe this Atomic Finance group is in that category... seems so.

Also, there has to be an actual reason for a product aside from NUMBER GO UP pump and dumps.

We are standing on the precipice of a many month to 2 year BTC bull where BTC dominance rises significantly.  Nothing really exciting will be happening in the DeFi space aside from actual companies quietly building actual products with the hope they will be ready after the spotlight is off the Bitcoin moon that will have the whole world stunned.  Ironically to some extent this fuse is being lit by the money coming back to BTC from the DeFi casino madness.

For a little while that's all people are going to see, IMHO...  And all this is dependent on there NOT being a huge multi-state attack on crypto led by the CBs which is a fairly real possibility.

I do also think the "not broken yet" alts with real world purpose will move north alongside BTC during this move either holding their XXX/BTC value or even rising in some cases.  But I doubt that will be very many projects at all.  I will not be surprised if ETH performs less well in this regard having just taken a huge hit with the end of the DeFi Casino era.

Oops!  I just noticed my crystal ball has a huge crack in it... hmm...  Nevermind.  All that is probably wrong, I guess.

[explorer]

Defi team moves to bitcoin from cough-eth-cough (and the team is supported by Consensus).
Interesting.
https://twitter.com/AtomicFinance/status/1313928196295983107

Those who want to pooh-pooh defi as a concept: the addressable market is hundreds of trillions vs maybe 10-15 tril (if btc replaces gold).

DeFi as an actual useful technology is certainly interesting.  But the initial build was all nonsense.  And like everything else being built to spam the ETH blockchain it is a mistake, and building a sidechain or drivechain pegged to BTC and rooted in it's security is what is going to happen. Maybe this Atomic Finance group is in that category... seems so.

Also, there has to be an actual reason for a product aside from NUMBER GO UP pump and dumps.

We are standing on the precipice of a many month to 2 year BTC bull where BTC dominance rises significantly.  Nothing really exciting will be happening in the DeFi space aside from actual companies quietly building actual products with the hope they will be ready after the spotlight is off the Bitcoin moon that will have the whole world stunned.  Ironically to some extent this fuse is being lit by the money coming back to BTC from the DeFi casino madness.

For a little while that's all people are going to see, IMHO...  And all this is dependent on there NOT being a huge multi-state attack on crypto led by the CBs which is a fairly real possibility.

I do also think the "not broken yet" alts with real world purpose will move north alongside BTC during this move either holding their XXX/BTC value or even rising in some cases.  But I doubt that will be very many projects at all.  I will not be surprised if ETH performs less well in this regard having just taken a huge hit with the end of the DeFi Casino era.

Oops!  I just noticed my crystal ball has a huge crack in it... hmm...  Nevermind.  All that is probably wrong, I guess.

You'll be OK.  Just stay off the crack.

[BobLawblaw]

Yay or nay ? Rick and I are wondering.

[OutOfMemory]

Yay or nay ? Rick and I are wondering.

EDIT: way too styled. I'd keep it simple.

EDIT2: But those shorts are really lame!

[LFC_Bitcoin]

@danheld
HODL




Q4 is going to be fun

[cAPSLOCK]

Yay or nay ? Rick and I are wondering.

Certainly the asteroid is almost here now?

[xhomerx10]

Yay or nay ? Rick and I are wondering.

 If this is for water-skiing, I'd say go for it.  You'll need a considerably fast boat with those tiny skis though so the jock strap will come in handy in case of falls.


 

[P_Shep]

Yay or nay ? Rick and I are wondering.

What kind of fucked-up abomination is that!? How.. what... where do people come up with these messed up ideas!? If you can even call the creator of such a heinous assault on the eyes 'people'.

I mean... asymmetric socks?

Fucked up, man. Fucked up.

[explorer]

Yay or nay ? Rick and I are wondering.

Certainly the asteroid is almost here now?

Someone got hold of your big ball of crack...

[bitserve]

Yay or nay ? Rick and I are wondering.

Da fuck?!