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

[Gachapin]

DASH? Wut?

My conclusion is they don't know what in Sam Hill they're talking about, but what's new.

AFAIK the Dash / Xcoin scam also looks like a security..

- it was advertised as a for-profit startup on the Bitcoin dev mailing list

- obvious scammy instamine of 2 million coins in one day

- after the instamine the devs changed the monetary policy by lowering the coins max supply from 84M to about 19M which increased the premined coins value

- 55% of new coins go into community fund and into the staking system of the masternodes (of which most are from the premine btw)

[John Abraham]

I'm surprised the Binance news even matters. If they go down it would be a good thing for BTC, I'm positive they manipulate the shit out of the price by selling fake coins, just like FTX was doing. Good to cut these turds loose but I don't think we'll be lucky enough to have Binance vanish into the wind.

You should not be surprised. The Bitcoin users (Us) should remain anonymous. But, we are the people who give the chance to Binance for doing shit. People Compromise their Privacy to them just to use their service while they are not a real P2P Platform. They have become a giant and can control the Bitcoin market if they want. If the 1K Bitcoin Movement can affect the market and it goes down by more than 10%, How much Market will it go down if Binance sells its Half Million Bitcoin? Not your keys, not your coins. Binance users won't be able to do shit if they become bankrupt. Binance becomes a Giant, and they can control the market if they want.

Look at the comparison of Bitcoin Volume of the last 24 Hours.



99% Trading volumes on the Centralized market. We are the people who gave them this power. You cannot deny that Binance news even matters!

[eXPHorizon]

ps you gave noone any power. you can not give anything you do not posses.

[JayJuanGee]

OK my turn to post from Twitter

Sauce

Binance is just a more advanced Mt Gox. Doing things they either knowingly or being deliberately blind to that at some point implode in some way (here intervention by the law).

That statement sounds really dumb.

Mt. Gox was one of the first widely available exchanges, and we found out some of the ways that it was defective (perhaps hacked early on) and then had a lot of withdraw issues, and was bitcoin only very much prior to wide-spread public awareness of bitcoin.. even though surely there had already been some USA Government involvement in Mt. Gox prior to its sudden shutting down in February 2014.

Do you believe Binance is going to suddenly shut down? even though the SEC is petitioning for such "shut it down" relief.

The sooner all these distractions are gone or are laughed at the sooner new entrants to bitcoin will be able to see nothing is properly founded incl the non gold linked usd except for bitcoin.

I cannot disagree with your point about bitcoin being the better of the assets, but your prayer for distractions being gone/laughed at seem to be a wee bit pie in the sky.  It's almost like you want us to move immediately from the "then they fight you" and into the "then you win" stage, but just to make the fight quick.  Making the fight quick seems to be a pretty unlikely thing.. status quo incumbents (whether referring to government institutions or banking institutions or status quo rich) perceive that they have too much to lose, no?  Which mea

In fact with usd no longer tied to gold bitcoin is as good if not better founded.

Fair enough, but putting such "better money" (aka king daddy) into practice seems to be another question... yes we all know that bitcoin is better.. .. less than 1% of the world's population who happen to be holding BTC... and maybe some of us hodlers are merely here in bitcoin  because we just want to be hedged.. and we don't really realize that bitcoin is actually better, but we are still hedged, for NGU reasons.

As for price it should not effect things in the wider sense of bitcoin being in a sort of $20to 40k wait and see period. The next big push is proably the havening though personally I think once it goes past the old ath it should be even more attractive as at that mark everyone that has ever bought bitcoin at any time for any price is in the black. That is quite remarkable and shows potential entrants that hodl has been very to owners and no reason it will not be good for them. Get the choo choos back on the track

It seems that once we get into the mid-$50ks, then we would have had entered into "no man's land," even though it remains quite difficult to pinpoint with any kind of precision where "no man's land" actually is - even though there are theories about where it "should be"

I'm starting the believe that the more RnD money you lose as a Tech company, the more profitable you actually become.

Its a loss leader for sure, I agree with this point of view but its not like we havent seen this before and it can be a success if they are moving towards mainstream at all.   Theres plenty of rich people out there or those who will borrow to buy something unique, make it Apple and you add a legion of fans of which Iam not one but I do understand their customer loyalty is off the charts compared to most brands.   Main concern is that unique product and also to be ahead of the crowd, if they get yet another product that has a large share of a growing market then its a success.  They carve out a profit later from that foothold they garner by acting now.

BTC to meet 24k I think before we can judge its performance vs the 200 week average, it should rebound above but the MA itself is not support.  The closing prices of last summer is where I think it should hit and bounce.

I'm thinking lower 23 high 22. Will be a great buying opportunity.

Good luck with that.

I am not saying that I know anything.

Do not overthink…..

hahahahahaha

even better

[cygan]

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[SamReomo]

[Gachapin]

I'm surprised the Binance news even matters. If they go down it would be a good thing for BTC, I'm positive they manipulate the shit out of the price by selling fake coins, just like FTX was doing. Good to cut these turds loose but I don't think we'll be lucky enough to have Binance vanish into the wind.

You should not be surprised. The Bitcoin users (Us) should remain anonymous. But, we are the people who give the chance to Binance for doing shit. People Compromise their Privacy to them just to use their service while they are not a real P2P Platform. They have become a giant and can control the Bitcoin market if they want. If the 1K Bitcoin Movement can affect the market and it goes down by more than 10%, How much Market will it go down if Binance sells its Half Million Bitcoin? Not your keys, not your coins. Binance users won't be able to do shit if they become bankrupt. Binance becomes a Giant, and they can control the market if they want.

Look at the comparison of Bitcoin Volume of the last 24 Hours.



99% Trading volumes on the Centralized market. We are the people who gave them this power. You cannot deny that Binance news even matters!

many pushed Binance to where they are today

but not everyone uses Binance.  

with all their shitcoin p&d schemes they were shady from the get-go

[d_eddie]

I’m glad to see the price seemingly holding at $25K. The charts look like we should be dropping straight to $20K, so I think the fact that we haven’t on this latest Binance news is a good sign. I’m still not convinced we won’t see the head and shoulders pattern complete and take us to $20K, but it seems to be so far so good at the moment.

I'm surprised the Binance news even matters. If they go down it would be a good thing for BTC, I'm positive they manipulate the shit out of the price by selling fake coins, just like FTX was doing. Good to cut these turds loose but I don't think we'll be lucky enough to have Binance vanish into the wind.

Manipulate the price they probably do all the time, and more importantly they trade against their customers because they have full knowledge of the order book.

For a fair trading ground, there need to be several reliable, fast, decentralized exchanges (DEXs).

[d_eddie]

I'm surprised the Binance news even matters. If they go down it would be a good thing for BTC, I'm positive they manipulate the shit out of the price by selling fake coins, just like FTX was doing. Good to cut these turds loose but I don't think we'll be lucky enough to have Binance vanish into the wind.

You should not be surprised. The Bitcoin users (Us) should remain anonymous. But, we are the people who give the chance to Binance for doing shit. People Compromise their Privacy to them just to use their service while they are not a real P2P Platform. They have become a giant and can control the Bitcoin market if they want. If the 1K Bitcoin Movement can affect the market and it goes down by more than 10%, How much Market will it go down if Binance sells its Half Million Bitcoin? Not your keys, not your coins. Binance users won't be able to do shit if they become bankrupt. Binance becomes a Giant, and they can control the market if they want.

Look at the comparison of Bitcoin Volume of the last 24 Hours.



99% Trading volumes on the Centralized market. We are the people who gave them this power. You cannot deny that Binance news even matters!

Just noticed you said that before I could. Merited :-)

[yslyv]

HODL for decentralized finance!

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[philipma1957]

Explanation
Chartbuddy thanks talkimg.com

Nice I just picked up some btc at 25.7 and moved it off coinbase.

things are looking good.

[Wrathofcoins]

I'm surprised the Binance news even matters. If they go down it would be a good thing for BTC, I'm positive they manipulate the shit out of the price by selling fake coins, just like FTX was doing. Good to cut these turds loose but I don't think we'll be lucky enough to have Binance vanish into the wind.

You should not be surprised. The Bitcoin users (Us) should remain anonymous. But, we are the people who give the chance to Binance for doing shit. People Compromise their Privacy to them just to use their service while they are not a real P2P Platform. They have become a giant and can control the Bitcoin market if they want. If the 1K Bitcoin Movement can affect the market and it goes down by more than 10%, How much Market will it go down if Binance sells its Half Million Bitcoin? Not your keys, not your coins. Binance users won't be able to do shit if they become bankrupt. Binance becomes a Giant, and they can control the market if they want.

Look at the comparison of Bitcoin Volume of the last 24 Hours.



99% Trading volumes on the Centralized market. We are the people who gave them this power. You cannot deny that Binance news even matters!

Well yes, but i think we need to split in two the users, between the traders and the normal users of crypto. And also the traders can have a wallet with their main funds and a few in the exchange for their movements.

They main thing its CEX its always winning in this scenario because they can give much more competitives prices than the DEX, WHO its gonna pay a 12% Slippage when in the CEX its less than 1% ?. Plus you can have acces to a multi pay system and a world of possibilities.

The only people who its gonna use the DEX its people like us who likes the privacy but the rest of the world.... you know doesnt care at all, they only see how much they are gonna win or lose, and we are not talking about the big companies who obviusly are in the CEX and makes the biggest moves.

[dragonvslinux]

Some TA cross-posted from elsewhere to consider:

1hr time-framep

With the current bart-pattern forming on short-term time-frames, it's starting to look like whales have somewhat manipulated the market/situation right now.

6hr time-frame

While not confirmed as a support level until the candle closes end of week, on the 6hr chart there is certainly volume to support bullish demand:

Weekly time-frame

As an update, price is now currently back above the 200 Week MA and after so far reversing most of yesterday's sell-off already, despite another lawsuit issued against Coinbase:

After a second major SEC lawsuit this time against Coinbase, price has reversed to the upside? This is quite obviously bullish when bearish news doesn't have the desired effect...

People say bearish news is always bearish and bullish news is always bullish, thus people are always wrong.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Paashaas]

US urged to reveal UFO evidence after claim that it has intact alien vehicles.

The US has been urged to disclose evidence of UFOs after a whistleblower former intelligence official said the government has possession of “intact and partially intact” alien vehicles.

The former intelligence official David Grusch, who led analysis of unexplained anomalous phenomena (UAP) within a US Department of Defense agency, has alleged that the US has craft of non-human origin.

Information on these vehicles is being illegally withheld from Congress, Grusch told the Debrief. Grusch said when he turned over classified information about the vehicles to Congress he suffered retaliation from government officials. He left the government in April after a 14-year career in US intelligence.

Jonathan Grey, a current US intelligence official at the National Air and Space Intelligence Center (Nasic), confirmed the existence of “exotic materials” to the Debrief, adding: “We are not alone.”

The disclosures come after a swell of credible sightings and reports have revived attention in alien ships, and potentially visits, in recent years.

In 2021, the Pentagon released a report on UAP – the term is preferred to UFO by much of the extraterrestrial community – which found more than 140 instances of UAP encounters that could not be explained.

The report followed a leak of military footage that showed apparently inexplicable happenings in the sky, while navy pilots testified that they had frequently had encounters with strange craft off the US coast.

In an interview with the Debrief journalists Leslie Kean and Ralph Blumenthal, who previously exposed the existence of a secret Pentagon program that investigated UFOs, Grusch said the US government and defense contractors had been recovering fragments of non-human craft, and in some cases entire craft, for decades.

“We are not talking about prosaic origins or identities,” Grusch said. “The material includes intact and partially intact vehicles.”

Grusch told the Debrief that analysis determined that this material is “of exotic origin” – meaning “non-human intelligence, whether extraterrestrial or unknown origin”.

“[This assessment is] based on the vehicle morphologies and material science testing and the possession of unique atomic arrangements and radiological signatures,” Grusch said.

Grey, who, according to the Debrief, analyzes unexplained anomalous phenomena within the Nasic, confirmed Grusch’s account.

“The non-human intelligence phenomenon is real. We are not alone,” Grey said. “Retrievals of this kind are not limited to the United States. This is a global phenomenon, and yet a global solution continues to elude us.

[eXPHorizon]

HODL for decentralized finance!

🤣🤣🤣

 I dare you to put your Money into DEX 🤭🤭🤭

[ivomm]

Feds, bankers and SEC trying everything to stop the Bitcoin bull market. First they hammered the banks that operated with the exchanges. Then the feds started selling in portions their bitcoins with the sole purpose of creating FUD and artificial sell pressure on the markets. Finally they hammered the two biggest exchanges. Bitcoin CEO, however, had other plans

[Phil_S]

The US has been urged to stop fucking around.