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

[ChartBuddy]

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[eXPHorizon]

The Truth ain't a diaper but it stinks to many.

[ChartBuddy]

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[God Of Thunder]

[edited out]

So even if a miner is hardcore Bitcoiner, they won't be able to mine if power costs raises and no price increase. we have a couple of months before the halving event. We may see price hikes after the halving event. Before the event, miners still get 6.25 per block and profitability will remain the same as phill described. But, let's say the halving event split the block reward but the BTC price did not double, the profitability may split as well. The question is, how many miners will continue mining without profit? After all, everyone is looking for profit.

It's called mining death spiral.

OMG!

OH no!

Everbody panic.

I am not a miner, so it's irrelevant to me.
No need to panic. I don't think every miners are bitcoiner.
Bitcoiners may continue mining even if it gets unprofitable to gather more sats for the future.
I don't know if you get what I said in my previous post.
If some miners stop mining, it's good for other miners because they will get high fees 
Phill might agree with me.

[Unknown Op]

[ChartBuddy]

Explanation
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[Who is John Galt?]

Now all of us know
What is most important here,
In WO thread. Boobs!

So even if a miner is hardcore Bitcoiner, they won't be able to mine if power costs raises and no price increase. we have a couple of months before the halving event. We may see price hikes after the halving event. Before the event, miners still get 6.25 per block and profitability will remain the same as phill described. But, let's say the halving event split the block reward but the BTC price did not double, the profitability may split as well. The question is, how many miners will continue mining without profit? After all, everyone is looking for profit.

Recently, in the news, there is information all the time that miners are actively purchasing new energy-efficient equipment, that they are entering into contracts with large hydroelectric power plants with an excess of produced electricity, and that they are building new power plants for mining. I think, as usual, the market will simply be redistributed: those who managed to find opportunities to be more competitive will survive, and the rest will be forced to do something else.

Bulls and bears take turns,
Halving is transitory,
Mining forever!

[ChartBuddy]

Explanation
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[ChartBuddy]

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[ChartBuddy]

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[hafiztalha]

The Bull Market is coming
Who is waiting for this season
Bull run......


Source Link

[Xinarae*]

eartland Tri-State Bank has become the latest bank to fail and closed by a banking regulator in the U.S. #FDIC #bankingcrisis


https://twitter.com/BTCTN/status/1685660199820967936

BTCBTC asset for longer.

[Gachapin]

Another Sunday
This thread full of Twitter shit
Farmer feeders fault

[HelliumZ]

whole new low in twitterposting right here. WTF does this have to do with anything remotely relevant in this thread? Please don't tell me its the boobs.

Maybe we are forgetting, Bitcoin starts with B, Boobs Start with B  

Perhaps he is mixing the two. Does they have connections

Bitcoin+Boobs
B+B

[Torque]

Finally starting to see the signs I've been waiting to see for a while...Bitcoin hit pieces coming back into the MSM again.

Why substituting cryptocurrency for gold exposure may be a costly mistake
https://www.cnbc.com/2023/07/29/substituting-cryptocurrency-for-gold-exposure-may-be-a-costly-mistake.html

This is a good sign. Confirms what we already know.

We're going up soon. 🚀

[ChartBuddy]

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[ChartBuddy]

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[philipma1957]

buddy blocked for now
second haiku for Sunday
I will write another

[AlcoHoDL]

What makes a haiku?
Is it Bitcoin? Is it boobs?
Buy one, get one free.

See, if you're a man,
With a healthy Bitcoin stash,
Boobs will come to you.

They can sense corn gold.
And if you don't have a brain,
They can take it too! 

#sundayfunhaikus

[ChartBuddy]

Explanation
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