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

[ChartBuddy]

Explanation

[1714164502]

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[1714164502]

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[xzy887]

JUST IN:   $33 billion digital bank Revolut wins approval to offer Bitcoin and crypto in the UK

Source: Bitcoin Magazine

[cAPSLOCK]

Kinda?

[cAPSLOCK]

Except bitcoin...

Nice to see you, camel!

[Hamza2424]

Source: https://twitter.com/Bitcoin/status/1574736890443374592?s=20&t=dqRM3EC4ta-sf9Ej28TbQA

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[OgNasty]

It looks like the mempool is getting flooded with transactions.  This is what you typically see during a price drop when people start to panic and move their coins to exchanges to sell.  That doesn't bode well for the price in the short term, but after the jump we had to buck the market yesterday it isn't entirely unexpected.  You can see the jump in mempool transactions here:
https://jochen-hoenicke.de/queue/#BTC,24h,weight

Once this backlog is done being worked through and those coins are dumped on exchanges, the short term panic should be over.

[Toxic2040]

[ChartBuddy]

Explanation

[goldkingcoiner]

Except bitcoin...

you surely have lost some power as a reliant contra indicator recently..  I hope you are doing better this time

I keep saying that you are. If we were to follow an indicator which tells people to "buy now" every time a certain llama posted something bearish or anti-Bitcoin in WO, then we would have made a huge ROI by now.

Which to me, is just fucking magical.

Good ol' Pitago.

Once this backlog is done being worked through and those coins are dumped on exchanges, the short term panic should be over.

And then the long term panic sets in. I see people spamming something like "Keep Off Exchanges!" on social media. Even our dear Do Kwon also has 3k Bitcoin to move around before he goes to jail. Just in case his new wallet seeds get "lost".

https://twitter.com/WatcherGuru/status/1574678210956009472

[ChartBuddy]

Explanation

[JayJuanGee]

Ethereum price also followed a similar pattern....

Fuck Ethereum.

Of course, it followed a similar pattern as king daddy..

Where the head goes the tail will tend to follow...

or should we consider ethereum as the flea on the tail of the dog ..

or perhaps it is the snot-nosed child clinging to the apron strings..

and anyhow, ethereum and the other shitcoins are largely attempting to follow bitcoin, to the extent that they can.. and there is no real need to be getting distracted by those various kinds of smoke and mirror scam coin bitcoin wannabes in these parts.  

It's a distraction, if you had not noticed... unless you have something negative that you would like to let us know about that shitcoin or any of the other shitcoin/scam coins, then it might become somewhat relevant as an area of interest that won't unwittingly distract too many folks here from keeping their eyes on the prize..

Do you need a batslap Rehan Zakir?  or maybe you would prefer a baby shakening syndrome? (not encouraging or promoting the shakening of any actual babies)...

There are around 200 million BTC hodlers. Mostly men I suspect.

There is 1 Shakira and she is about to stand trial in Spain for tax fraud and could face 8 years in jail.

Instead of her going to jail, an arrangement should be made that her punishment for her tax fraud is to have 200 million Shakira clones made and every BTC hodler gets one free. Agree?

Wow..

dee bbunny seems to be recovering!!!!

Good job bbunny.

getting a free Shakira should be open to all satoshi HODLer peeps .. but not to shitcoiners. #justsaying... there are around (give or take) 100 million satoshis in each bitcoin.  Member that!

[edited out]

I don't think that you or any other man will be happy owning a copy of Shakira that 199 other persons have, lol. Too many Shakira's will make Shakira less interesting.

Lookie uie pooie..   Party poop!!

Ruining all the funs with reality.  

better sell BTC for 19k 18k and get those fantastic USD while you can... I can tell ya these are really rare collectors items

The USDs come with yield to boot.. sponsored by our favorite uncle... his name is Sam.  What could go wrong when preparing now for 4-10 years or more into the future?

[BitcoinBunny]

Cindy Crawford's daughter:





Fun story: One of my teachers (female) had two Cindy Crawford posters on the wall in our foreign language classroom above the blackboard until someone stole them!

Pretty sure one of the posters was of this photo:
(Not distracting at all for a 12 year old with hormones going crazy.  )

[ChartBuddy]

Explanation

[Gachapin]

Cindy Crawford's daughter:




Fun story: One of my teachers (female) had two Cindy Crawford posters on the wall in our foreign language classroom above the blackboard until someone stole them!

Pretty sure one of the posters was of this photo:
(Not distracting at all for a 12 year old with hormones going crazy.  )

mmh I think Cindy was hotter back then, than her daughter is now...


your teacher seem to have done a good job keeping your eyes focused to the front of the class.. 

[JayJuanGee]

8 Bil people thinking: I aint givin a rats ass about some digital coins. When the money goes to hell ima be enjoying in some food and water while ya rats asses be yapping how ya wasted ya money on some digital fantasy money. Yeehaw its good to be normal

How's that been working out for you eXPHorizon?

Not too good right?  Remember you have been whining since the 2014 MTGOX closing, apparently and failing/refusing to take even modest mitigation actions to buy bitcoin, rather than wishing for free handouts. 

Just think $10 per week into bitcoin for that time (lets use March 1, 2014 as your start date - to presume that you stopped whining and acted in a meaningful way instead of whining), and you would have been sitting pretty pretty right now in these here times with about $4,480 invested and about  4.415 BTC during your HODL nappenings.  Nothing to sneeze at, right?

But instead you would prefer to continue to whine and to predict that bitcoin is not a good investment when it surely could have been a good investment with only $10 per week.. you increase the number of options that you have down the road.. if you consider a longer investment timeline rather than remaining  unable to focus yourself.

I am sure that there are a lot of people who would have liked to have been able to stack $10 per week over the past 8.5 years and got up to 4.415 BTC as I type this post.

Except bitcoin...

Hi good buddy!  How you doing? 

You seem to be in a good mood, today.

Have you been eating a lot of "carrots, apples, broccoli stalks and turnips" lately?

https://www.chillavalleyalpacas.co.uk/alpaca-feed-the-things-alpacas-love-to-eat/


Or maybe you have been eating - "native pastures" and "supplemented with good quality hay and/or various grains"?

https://www.agric.wa.gov.au/small-landholders-western-australia/basics-alpaca-keeping#:~:text=Alpacas%20should%20be%20pasture%20fed,(ARGT)%20or%20phalaris%20toxicity.

Just wondering.

Except bitcoin...

Nice to see you, camel donkey-breath!

Just brainstorming.... why not both?

It looks like the mempool is getting flooded with transactions.  This is what you typically see during a price drop when people start to panic and move their coins to exchanges to sell.  That doesn't bode well for the price in the short term, but after the jump we had to buck the market yesterday it isn't entirely unexpected.  You can see the jump in mempool transactions here:
https://jochen-hoenicke.de/queue/#BTC,24h,weight

Once this backlog is done being worked through and those coins are dumped on exchanges, the short term panic should be over.

It's already done being worked through boss (within about 30 minutes of your post.. a kind of daily fluctuation, it seems). 

What should we do now? 

Can we stop panicking, yet?  Or should we panic anyhow, just for shits and giggles good measure?

[ChartBuddy]

Explanation

[goldkingcoiner]

I just found the best youtube video on why fiat will fail and Bitcoin will become the only real global money

https://www.youtube.com/watch?v=npXbFUAFtYk

[ChartBuddy]

Explanation