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

[OgNasty]

As I see the price stabilizing just below $30K and with all the recent COIN sales in the stock market, I am pretty much just waiting to see what the news is that insiders are aware of but the rest of us are not. Perhaps a development in legal proceedings against Coinbase or a sweeping round of notices of investigation by the SEC to crypto companies. Who knows…

[philipma1957]

As I see the price stabilizing just below $30K and with all the recent COIN sales in the stock market, I am pretty much just waiting to see what the news is that insiders are aware of but the rest of us are not. Perhaps a development in legal proceedings against Coinbase or a sweeping round of notices of investigation by the SEC to crypto companies. Who knows…

Fed number comes in about 3 hours.

A + 0.25 is the whisper number
As long as we do +0.25 or +0.50 we will rally.

I am guessing +0.25   with a hint at a pause in sept adjustment.

This should make us grind up ⬆️ just a bit.

Looks like dca for July Aug Sept Oct will be good. edit ( added Aug thanks JJG)

stack and hodl. Still time for you.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[eXPHorizon]

New Folks do not listen to most of these "Legendary" ones here. They stopped one of the Greatest Events that could Happen to Bljatcoin. They are kinda brainless in most cases. They say You are on their Ignore list then when you post every time they Press Show/Hide or Unigniore .

Make your own opinions dudes and ignore these Leg( its hard to call them that) endary.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[JayJuanGee]

I understand that this is not something that depends on our will or our efforts, but I like the creation of state exchanges for bitcoin even less than private centralized exchanges.

and it look like japan also want join the crypto industry too

https://twitter.com/WatcherGuru/status/1683844010203389954

Is that newses somehow related to the topic of this thread?

Lemme ask you. Without banks could you buy Bljatcoin? Bitcoin!

Let me tell you. There are many other ways we can buy Bitcoin without using a bank.
It seems like you never bought Bitcoin. I see where you are coming from.

He has begged for it, though.

He claims to have had lost bitcoin in gox.... so there is that, whether we believe that such a child like him would have been old enough to have bitcoin in Gox is another uncertainty about his supposed story, no?

Bljatcoin Shitcoin not Buy
But
Yes Bitcoin Buy....

It is Bljatcoin !

Just imagine, if you bought $10 of bitcoin per week since Mt. Gox closed down you would have invested about $4,700 yet you would have stacked nearly 4.5 BTC by now, and even if we merely go by three years, just prior to your forum registration date, if you had been buying $100 per week of BTC for the past 3 years, then you would have invested right around $15,700 and you would have had accumulated 0.6257 BTC right now... not a bad quantity of BTC.. even though you would not be rich nor would you be in significant profits, yet; however, you would have a good chance of increasing your options in life (and you would be in the ballpark of the amount of BTC that I hold in my admitted to BTC stashenings).

Looks like dca for July Sept Oct will be good.

What about August?  Do you even know how to count?

I think, more than anything, Bitcoin presents an opportunity.
The stock of gold reserves is currently estimated to be around 50,000 tonnes, according to the US Geological Survey. To put that in perspective, around 190,000 tonnes of gold has been mined in total, although estimates do vary. Based on these rough figures, there is about 20% still to be mined.

Between BTC and GOLD, I prefer BTC because BTC is a feature of the modern world and help to remove the paper currency.

That image had already been posted... not that it is a bad image/idea.

[eXPHorizon]

How it Mostly feels in this thread if your me 😆 not all ya fit the description 😊

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[OutOfMemory]

OT: in other news, RIP Sinead O'Connor.
Nothing compared to her...

One life. Make something of it.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Hamza2424]

Looks like dca for July Sept Oct will be good.

What about August?  Do you even know how to count?

Hmm I think philmipma is using some sort of reverse-order strategy on the historical monthly return chart as you know July performed really well back in Hsitory but this time it disappointed a bit so the same case is with the SEP as it's Historically one of the most -ve performers and OCT is completely Opposite to the SEP.

For AUG hmm, it's very Volatile by nature sometimes a Light Bringer and sometimes Full Dark... Have look

[JayJuanGee]

Looks like dca for July Sept Oct will be good.

What about August?  Do you even know how to count?

Hmm I think philmipma is using some sort of reverse-order strategy on the historical monthly return chart as you know July performed really well back in Hsitory but this time it disappointed a bit so the same case is with the SEP as it's Historically one of the most -ve performers and OCT is completely Opposite to the SEP.

For AUG hmm, it's very Volatile by nature sometimes a Light Bringer and sometimes Full Dark... Have look

It does not hurt to look at some of that historical data, yet I doubt that king daddy is attached to either monthly performance or even having to follow calendar years or to be correlated with various traditional assets and macro happenings - even though sometimes on short-term timelines bitcoin will appear to be correlated to various traditional assets and/or even with calendar bench marks.

[Gachapin]

It seems a little strange to me that Bitcoin is slowly falling in price while the traditional markets are rallying so hard. Making things a little stranger, prominent investors have been selling off shares of Coinbase leading me to wonder if perhaps they know something that we don’t. Perhaps they’ve already been given a heads up about widespread ETF rejections?

... or the gox coins distribution

Shhh those are not suppose to hit the market till September/October

that might be just a little over one month away... imagined it could be a strategy to dump before other speculators do  

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[philipma1957]

Looks like dca for July Sept Oct will be good.

What about August?  Do you even know how to count?

Hmm I think philmipma is using some sort of reverse-order strategy on the historical monthly return chart as you know July performed really well back in Hsitory but this time it disappointed a bit so the same case is with the SEP as it's Historically one of the most -ve performers and OCT is completely Opposite to the SEP.

For AUG hmm, it's very Volatile by nature sometimes a Light Bringer and sometimes Full Dark... Have look

It does not hurt to look at some of that historical data, yet I doubt that king daddy is attached to either monthly performance or even having to follow calendar years or to be correlated with various traditional assets and macro happenings - even though sometimes on short-term timelines bitcoin will appear to be correlated to various traditional assets and/or even with calendar bench marks.

Short term its attached since it has not really formed a 'too big to fail market cap'

Ie gold = 10 trillion + = 18%
Stock market = 45 trillion + that is nasdaq and nyse = 78%
BTC                  = 570 billion only 1%

When those ratios go to

gold 10%
stock market 70%
BTC 20%.

they may fully uncouple.

for now so much more is in

Gold
Metals of all kinds
Stocks
Bonds
Real Estate

that BTC is subject to a lot of co dependent behavior to the larger pools of wealth.

The Fed jump is good.

Next one  up is sept 22.   my guy (35 years as a banker) says pause

Then nov 2 he then says unknown

Lastly dec 14 also unknown.

My guess is Sept is a jump
Then Nov is a pivot.

Which would mean a fall-winter rally for btc and stocks.

Down the road maybe 2032 if btc is 600k with a market cap of 6 trillion it will not be tied to the other wealth sources.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Who is John Galt?]

OT: in other news, RIP Sinead O'Connor.
Nothing compared to her...

One life. Make something of it.

"Tears from the moon fall down like rain" crying for her. Sad news.

[Who is John Galt?]

Down the road maybe 2032 if btc is 600k with a market cap of 6 trillion it will not be tied to the other wealth sources.

The whole line of reasoning about the interconnections of large asset classes seemed interesting to me. But after all, if to think about it, all assets, even large ones, are part of the global world economy, and even when an asset ceases to follow the patterns of some larger assets, it still remains interconnected with them. Then, logically, the model of interaction and interdependence of graphs simply becomes more complex, but still does not disappear. Isn't it?