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

[600watt]

what a bullish dump  



shorters must be brain damaged to short a rocket like this beast.


edit: $1000 drop on stamp within minutes back to normal. fuck shorters.

[Febo]

Oh so price of Bitcoin and dead from Covid-19 have a correlation. If we would knew that before would be an easy way to new ATH. Likely for Bitcoin people are stupid and will keep dying from Covid-19.

[Torque]

It may sound a bit extreme, but...

What if, in 10 years' time, all who sold in 2020 are labeled the new "pizza guys"? Remember Laszlo Hanyecz?

Jimbo gets it. Don't sell if you don't need to. Got a job? Got incoming fiat to cover your daily expenses? Then why sell? Instead, put any spare change in BTC and slowly increase your stash.

I put some fiat I had left in a bank account in BTC, back when it was around $6k. Now I can sell it, buy a shiny new Sony α7R IV, and still have the same amount of fiat I had before. But I won't, because I don't really need the Sony, not just yet. But soon...

Sell when you must.
Buy when you can.
HoDL what you have.

Some of these guys got the game all wrong.

Borrowed $10K at 0% interest to live on/pay expenses this year, instead of selling btc when it was @~7k.

Don't have to pay it back until May 2021.

Now btc is ~$15k.

#winningbigly

Borrow cheap credit to live, let your bitcoin ride. This is what the wealthy elite do.

[LFC_Bitcoin]

what a bullish dump  



shorters must be brain damaged to short a rocket like this beast.


edit: $1000 drop on stamp within minutes back to normal. fuck shorters.

I saw it happen, from 14,8xx to 14,1xx & back again within 2 seconds.

Weird!

[Toxic2040]

[Paashaas]

what a bullish dump  



shorters must be brain damaged to short a rocket like this beast.


edit: $1000 drop on stamp within minutes back to normal. fuck shorters.

I love this kind of firework, i'd a short wtf moment.

[bitcoinPsycho]

what a bullish dump  



shorters must be brain damaged to short a rocket like this beast.


edit: $1000 drop on stamp within minutes back to normal. fuck shorters.

I saw it happen, from 14,8xx to 14,1xx & back again within 2 seconds.

Weird!

Id say its normal behaviour

[600watt]

what a bullish dump  



shorters must be brain damaged to short a rocket like this beast.


edit: $1000 drop on stamp within minutes back to normal. fuck shorters.

I love this kind of firework, i'd a short wtf moment.

one of the most bullish candles I ever saw. we will see ath soon. no shorter will want to repeat this coldblooded kill.

[ivomm]

what a bullish dump  



shorters must be brain damaged to short a rocket like this beast.


edit: $1000 drop on stamp within minutes back to normal. fuck shorters.

I saw it happen, from 14,8xx to 14,1xx & back again within 2 seconds.

Weird!

The sell clearly came from one guy rage selling 280BTC on Bitstamp for $4.2 mil losing $400K on the way down. Bob, is that you?

[Toxic2040]

“Suppose that a great commotion arises in the street about something, let us say a lamp-post, which many influential persons desire to pull down. A grey-clad monk, who is the spirit of the Middle Ages, is approached upon the matter, and begins to say, in the arid manner of the Schoolmen, "Let us first of all consider, my brethren, the value of Light. If Light be in itself good--" At this point he is somewhat excusably knocked down. All the people make a rush for the lamp-post, the lamp-post is down in ten minutes, and they go about congratulating each other on their unmediaeval practicality. But as things go on they do not work out so easily. Some people have pulled the lamp-post down because they wanted the electric light; some because they wanted old iron; some because they wanted darkness, because their deeds were evil. Some thought it not enough of a lamp-post, some too much; some acted because they wanted to smash municipal machinery; some because they wanted to smash something. And there is war in the night, no man knowing whom he strikes. So, gradually and inevitably, to-day, to-morrow, or the next day, there comes back the conviction that the monk was right after all, and that all depends on what is the philosophy of Light. Only what we might have discussed under the gas-lamp, we now must discuss in the dark.”

"It will not go out of my mind that if we pass this post and lantern, either we shall find strange adventures or else some great changes of our fortunes."

[infofront]

At $15K+, I might now be motivated to emerge from my long slumber. Lock and load the memes and shitposts!

I'm disconcerted by the election results, but hookers and blow don't care who the president is. If the price of BTC gets high enough, I won't either  

[Torque]

How long until 1 BTC = 1 Lambo

[JimboToronto]

Lawl. What a lame dump attempt.

Someone sold their coins way too cheaply.

Someone else got to buy the short-lived dip.

Holders sit back amused.  

[suchmoon]

This is confusing. I open the unmentionable exchange and see Bitcoin > $15k and you're all talking about a dump. There is no dump. There is one big months-long pump going on.

[yslyv]

kinda weak signs from bears. good to see them not enough strong.
whoever shorted around 13k 14k lost so much money.  Bitcoin is still stays as the king.

[Phil_S]

Bank of England extends QE program by £150 billion

The Bank of England on Thursday decided to extend the size of its bond purchase program by £150 billion as it warned output would fall in the fourth quarter amid the lockdown that starts in England today.

The unanimous Bank of England decision kept interest rates at 0.1%, and the extension of its quantitative easing program brings the size of its government bond purchase program to £875 billion.

[JimboToronto]

Geez another lame attempt to knock it down and another immediate bounce back over $15k.

Hope they're enjoying losing money.

[explorer]

Geez another lame attempt to knock it down and another immediate bounce back over $15k.

Hope they're enjoying losing money.

There needs a seller for every buyer.  Just say Thank You.

[FullNode]

Breaking: U.S. Justice Department confiscates over $1 billion in Bitcoin tied to Silk Road

https://www.fxstreet.com/cryptocurrencies/news/breaking-us-justice-department-confiscates-over-1-billion-in-bitcoin-tied-to-silk-road-202011051731

[friends1980]

Breaking: U.S. Justice Department confiscates over $1 billion in Bitcoin tied to Silk Road

https://www.fxstreet.com/cryptocurrencies/news/breaking-us-justice-department-confiscates-over-1-billion-in-bitcoin-tied-to-silk-road-202011051731

After all the speculation, finally we know where the coins were moved. To the Justice Department's wallet.