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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26381684 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
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October 24, 2022, 04:01:18 PM


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October 24, 2022, 04:18:58 PM

I don't think bitcoin price will go down. Bitcoin difficulty keeps making new all time high. Infact, it is more economical buying bitcoin when the price temporarily falls than to mine it with the present difficulty over a long period of time. Bitcoin value should be $40,000 at the current difficulty.  Tongue   Tongue . Hence from the current price action, if my calculations are correct, bitcoin should retake $25,000 level before next month (November) and remain stable there.

Price is not a specific type of trophy that Bitcoin can fight for or grab at any given time. Because any price (including the price of Bitcoin) occurs through supply and demand in the market, not by competition because price is not a competition for Bitcoin.

The price range you say does look logical for the current conditions, but it also needs encouragement from various parties so that more new people are interested in buying Bitcoin at the current price and that will obviously make the Bitcoin price push up slowly. And for price stability I think it will also be difficult for Bitcoin to happen because it is influenced by the number of trades on Bitcoin which is always very large every month.

You are correct. Demand and supply is a factor to consider when dealing with bitcoin price. But mark my words, the probability of my prediction to happen is higher than you imagined. Even Bitcoin mining hardware producers had to Slash their price to encourage sales nevertheles it's still better and more profitable to buy bitcoin now than to mine it.
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October 24, 2022, 04:50:56 PM


https://twitter.com/Tendar/status/1584478872128868352
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October 24, 2022, 05:25:51 PM
Merited by JayJuanGee (1)

gm and dont forget to get your pumpkin carving on and submit a pic over at what is apparently the first annual [ANN] Bitcointalk Bitcoin Pumpkin Carving Contest
seems like they are having fun over there   Cheesy


not mine..stolen fair and square from twitter
https://twitter.com/DontShowYourCat/status/1584538879951970304
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October 24, 2022, 06:01:23 PM


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October 24, 2022, 06:25:05 PM
Merited by El duderino_ (20), HI-TEC99 (1)

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October 24, 2022, 07:01:18 PM


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October 24, 2022, 07:27:05 PM


Natural gas prices in EU will go even lower before inflation tsunami sweeps everything in its path. EU countries consume less natural gas because EU industrial production consumes less natural gas. EU industrial production consumes less natural gas because EU industrial production is no more. Welcome to the Stone Age, imbeciles!
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October 24, 2022, 09:01:21 PM


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October 24, 2022, 10:01:17 PM


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October 24, 2022, 10:14:10 PM

Bluddy Bocker



Natural gas prices in EU will go even lower before inflation tsunami sweeps everything in its path. EU countries consume less natural gas because EU industrial production consumes less natural gas. EU industrial production consumes less natural gas because EU industrial production is no more. Welcome to the Stone Age, imbeciles!


becoin  Grin
You don't try to make fun of compete with our llama, or do you?  Wink

EDIT:
My call: The bear market won't end until ChartBuddy made five posts in a row.
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October 24, 2022, 11:01:17 PM


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October 25, 2022, 12:17:26 AM


#botscanthaiku

Not a bot, but thanks for recognising I wrote a haiku Smiley
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October 25, 2022, 12:22:59 AM

the evening wall report

dyor

bitcoin showing some moar consolidation in this range trading at mid-point of yesterdays rally...currently around $19.35kish

volatility still low but rising to Sundays level as tension in this range continues to increase

i do think it likely to start to resolve by next week as this yearly bottom solidifies


4h


D


stronghands
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what is this "brake pedal" you speak of?


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October 25, 2022, 12:32:33 AM
Merited by suchmoon (1), Toxic2040 (1)


#botscanthaiku

Not a bot, but thanks for recognising I wrote a haiku Smiley

not a bot? yeah sure
to prove you are not a bot
you must smoke a lid

tell us what happens
when burning down that huge blunt
the result will tell

if human or bot
or some other entity
that haunts our nightmares



#haiku
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October 25, 2022, 12:33:49 AM


#botscanthaiku

Not a bot, but thanks for recognising I wrote a haiku Smiley

turing test yet to be completed...

anyway..missed your effort

+1 WOsMerit

v

the golden hour
A same, enormous coin glows
because of the stick

#haiku-ool

your first line is only 4 syllables unfortunately...easily fixed by added 'at' perhaps
i think 'hour' messed you up...it looks like two but is in fact only one syllable 
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October 25, 2022, 01:01:17 AM


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