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

[philipma1957]

This mempool is getting out of hand!.. philipma1957, need you to fire up those new rigs!

I did :

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[ChartBuddy]

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[ChartBuddy]

Explanation

[Volgastallion]

Seems to be some support around $21,500. We had the Kraken staking FUD & have held strong. I managed to pick up a few in this range. Let’s hope there’s a line drawn now & the bottom is confirmed. The only thing that can take us lower is confirmed recession. The more time that passes the more likely that the bottom is indeed in.

Yes but depending on some other factors, the recession can help in some ways the BTC ,not the other cryptos who depends heavily in the apport of money to his projects and another ton of money to make them publicy.

Because if you enter in a recession and your currency is shit trapped by inflation you dont have any other shelter of value to save your money. So this can bring some push to the BTC price being the only shelter.

[zaki12]

Read, Learn Bitcoin



https://twitter.com/TheBTCTherapist/status/1624511111734108162

[ChartBuddy]

Explanation

[OgNasty]

This mempool is getting out of hand!.. philipma1957, need you to fire up those new rigs!

Thanks not how it works at all. Lol.

Seriously though, the ordinals “spam” on the blockchain is all at pretty low fees. I don’t think this will interfere too much with traditional transactions who can probably afford to pay a little bit more as blockspace was ridiculously cheap for a while. We’ll see how this plays out, but I’m not concerned for the network’s health quite yet.

[ChartBuddy]

Explanation

[ChartBuddy]

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[Toxic2040]

#haikuSunday

Eagles and the Chiefs
Superbowl happening
time for firing up bbq

have a beer or two
relax and enjoy the day
cheering on your team

thats what im doing
...and of course observe bitcoin
what about you friends?


--------

the Sunday wall report

some medium fibs

dyor

4h


D


W

stronghands

[ChartBuddy]

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[ChartBuddy]

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[AverageGlabella]

Seems to be some support around $21,500. We had the Kraken staking FUD & have held strong. I managed to pick up a few in this range. Let’s hope there’s a line drawn now & the bottom is confirmed. The only thing that can take us lower is confirmed recession. The more time that passes the more likely that the bottom is indeed in.

I think this is the positive to take even if we dipped a little this week we can see that the belief is there and with the Kraken and Localbitcoins news btc did not drop a big amount. I think this sets us up nicely for the year and we could try to push the recovery up further. I do not know if we are ready to do that because the recession and war is still going on but it looks like we have the confidence there to establish a bull run we just need some positive news that can give the bulls a push and hope that no negative news happens in the next few weeks.

This mempool is getting out of hand!.. philipma1957, need you to fire up those new rigs!

Thanks not how it works at all. Lol.

Seriously though, the ordinals “spam” on the blockchain is all at pretty low fees. I don’t think this will interfere too much with traditional transactions who can probably afford to pay a little bit more as blockspace was ridiculously cheap for a while. We’ll see how this plays out, but I’m not concerned for the network’s health quite yet.

My understanding is miners can drop any block that they want and because this ordinal attack is with low fees there is not many incentive for them to process the block so why are they not dropping them? I guess dropping a block could stop legit transactions going through which could cause more problems because btc becomes more centralized if miners start censoring the blockchain by dropping blocks but atm the spam is annoying but if it increases it could cause more problems then dropping blocks temporarily.

Not a hell of alot of info and I don't see why anyone would think they plan on coming back.

Actually if it does come back I'd wager it comes back as a honeypot.

localbitcoins has not provided enough information which is why I think they are being forced to shut down because of the alleged sanction breaking instead of deciding to shut down them selves. The way they have informed customers is poor because some members are saying that they have not received the message and others are saying they had a pop up when logging in. They have not provided a date when the withdrawals cannot be processed instead they have said 12 months but 12 months from the message you receive? because many have not received the message yet.

It was a good exchange but their communication should have been better because it is days after the announcement and many people still not know what is happening.

[philipma1957]

you do not drop 6.25 btc and a fee of 0.01 fee

hoping to get a block of 6.25 btc and a fee of 0.1

[Volgastallion]

Not a hell of alot of info and I don't see why anyone would think they plan on coming back.

Actually if it does come back I'd wager it comes back as a honeypot.

localbitcoins has not provided enough information which is why I think they are being forced to shut down because of the alleged sanction breaking instead of deciding to shut down them selves. The way they have informed customers is poor because some members are saying that they have not received the message and others are saying they had a pop up when logging in. They have not provided a date when the withdrawals cannot be processed instead they have said 12 months but 12 months from the message you receive? because many have not received the message yet.

It was a good exchange but their communication should have been better because it is days after the announcement and many people still not know what is happening.

I think similar but not exactly in that way. For me they are tired of receiving a lot of offices of justice seeking for information about some users or transaction, surely the department to give that info was more bigger than the whole enterprisse.

So they say i dont want to be involved in more judgments and problems, we make some good money and its okay.

[HI-TEC99]

[ChartBuddy]

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[ChartBuddy]

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[ChartBuddy]

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[BobLawblaw]

Price of Bitcoin flows
Up and down with no pattern
Chaos never rests