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

[Richy_T]

BTW, look at gold and silver today. Does this look inflationary?

That short term isn't very interesting.

I did look at the price of beef today. $1-2 per pound up from when I last looked a few weeks ago. Lumber still up. 3,500,000,000,000 dollar bill floating around, millions of unemployed crossing the border and a number of countries who've already made noises about deposing the petrodollar.

It doesn't happen till it happens but anyone who's not getting their ducks in a row is going to be like the people who was complaining there was no TP available because all the people who saw there was going to be a run on TP went ahead and stocked up.

[Biodom]

BTW, look at gold and silver today. Does this look inflationary?

That short term isn't very interesting.

I did look at the price of beef today. $1-2 per pound up from when I last looked a few weeks ago. Lumber still up. 3,500,000,000,000 dollar bill floating around, millions of unemployed crossing the border and a number of countries who've already made noises about deposing the petrodollar.

It doesn't happen till it happens but anyone who's not getting their ducks in a row is going to be like the people who was complaining there was no TP available because all the people who saw there was going to be a run on TP went ahead and stocked up.

Lumber is reverse spiking down and is currently lower than in 2018 (down more than 66% from the peak), lower YTD and on 1 year chart, down 7.4% today alone.
https://www.nasdaq.com/market-activity/commodities/lbs

Unless they spike the bowl again, it is going to be deflation, imho.

[psycodad]

Observing $41830 - Go Honeybadger, go!

After all, 42(k) would be the answer to everything.

[UnDerDoG81]

42k broke. What's next? I dont know what to think about this US thing going on. I knew the day will come they will fight it. But I did not expect it that early. Looks like this small assett hurts them already big.

[ChartBuddy]

Explanation

[ivomm]

[Richy_T]

Lumber is reverse spiking down and is currently lower than in 2018 (down more than 66% from the peak), lower YTD and on 1 year chart, down 7.4% today alone.
https://www.nasdaq.com/market-activity/commodities/lbs

Unless they spike the bowl again, it is going to be deflation, imho.

OK, I'll give you lumber. I didn't see it had fallen like that. But it seems there were backlogs and probably lots of jobs got cancelled. Good for me though, I have a shed I want to build. We'll have to see with the other stuff but IMO, the effects of government spending are going to dominate.

[d_eddie]

Dedicated to LFC_Bitcoin and to our good girl, who didn't need much poking to do her thing this time.

https://twitter.com/benthecarman/status/1423171774150324228?s=21

Going up and down
bought under 58k
good girl keep at it






#haiku

[rdbase]

Bitcoin going very hyperbolic:

Even showing higher on preev rate (minus bitfinex aka. tether printers):


Could it be the news of coinbase accepting cashout per transaction up to $100k using apple pay & google pay?
Just maybe.
https://bitcointalk.org/index.php?topic=5353112

This is rather big news on a global scale since it allows seamless transactions using these two money transfer services inline to bitcoin.

source: https://cointelegraph.com/news/coinbase-users-can-now-buy-crypto-with-apple-pay

The main thing to take away from this news is they will have a limit of up to $100,000 in a single transaction to be cashed out by their customers.
I don't think any other service allows this on their platform.
With google allowing ads pertaining to bitcoin again, it is showing google's acceptable that it is not a hindrance on their business model after all.

[Victorycoin]

Bitcoin going very hyperbolic:

Even showing higher on preev rate (minus bitfinex aka. tether printers):


Could it be the news of coinbase accepting cashout upto $100k using apple pay?
Just maybe.

"JUST IN: Coinbase to enable crypto buys with linked debit cards to Apple Pay and Google Pay, and instant cashouts up to $100,000 per transaction available 24/7"
Source: https://twitter.com/Bloqport/status/1423329349697159172

Yes i also see coinbase news bitcoin accepted apple payment i hope so bitcoin is now great mooved at the time and strongly price incresing...

[Phil_S]

Reposting old stuff...

[JayJuanGee]

42k broke. What's next? I dont know what to think about this US thing going on. I knew the day will come they will fight it. But I did not expect it that early. Looks like this small assett hurts them already big.

Feelings are being hurt.

[rdbase]

Reposting old stuff...

She looks like a javelin thrower with that green dildo.
Great timing for the ending of the Olympics and the beginning of the PUMP!

People on the livefeed I am watching are saying the new resistance is $42,690.
Can see this being broken within the next leg up.

[Toxic2040]

[JayJuanGee]

People on the livefeed I am watching are saying the new resistance is $42,690.
Can see this being broken within the next leg up.

Could be.  Could be.

If resistance is broken towards the UPpity and if we get above $46k, then I am going to start to feel (and maybe even proclaim with confidence of greater than 50/50.. perhaps around 58.43249/41.56751) that "the bottom is in."

[Toxic2040]

[ChartBuddy]

Explanation

[shahzadafzal]

Ukraine 🇺🇦 

[LFC_Bitcoin]

I usually only post this one when we’re experiencing pure euphoria but it’s been tough since mid May. So here it is, hitting $43,000 makes me feel like this.

Come here you lovely Wall Observers

#nohomo

[shahzadafzal]