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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (0.9%)
7/28 - 11 (9.9%)
8/4 - 16 (14.4%)
8/11 - 7 (6.3%)
8/18 - 6 (5.4%)
8/25 - 8 (7.2%)
After August - 62 (55.9%)
Total Voters: 111

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26472101 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.)
d_eddie
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July 08, 2024, 10:21:01 AM
Merited by JayJuanGee (1)


For perspective, it's more or less $2.5M
Well aware. But still interesting, they keep buying. More companies will follow.

There is no doubt that many companies will buy BTC (many have bought it a long time ago), but not because some Japanese company is doing it - because realistically they have long ceased to be a country you can trust or look up to. They have the largest public debt in the world, and it took even 10 years for them to start solving the Mt.Gox case.

Over 20 years of deflation, fought by BOJ with nonstandard policies on the interest rate front. Yield curve control adopted only in 2016. There's a widespread sweatshop mentality, even for legitimate citizens. I'm not talking about the "good" (western) immigrants with qualified jobs. I'm not even mentioning the Asian slaves working for peanuts. Japan needs to come to terms with its new reality, but I doubt they have. Denial runs strong.
Zeunerts
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July 08, 2024, 10:37:19 AM
Merited by JayJuanGee (1)


For perspective, it's more or less $2.5M
Well aware. But still interesting, they keep buying. More companies will follow.

There is no doubt that many companies will buy BTC (many have bought it a long time ago), but not because some Japanese company is doing it - because realistically they have long ceased to be a country you can trust or look up to. They have the largest public debt in the world, and it took even 10 years for them to start solving the Mt.Gox case.
It's a bit harsh to generalize like that. I show an tweet about a single company (once again) buying bitcoin, and you bring the entire country into the equation. Nowhere do I say that Japan is a good country or a role model in any way. Just wanted something positive after all the bloodbath. There are other bigger companies and/or better role models that are buying bitcoins as well.
ChartBuddy
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July 08, 2024, 11:01:15 AM


Explanation
Chartbuddy thanks talkimg.com
ChartBuddy
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July 08, 2024, 12:01:17 PM


Explanation
Chartbuddy thanks talkimg.com
El duderino_
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July 08, 2024, 12:08:29 PM
Merited by LFC_Bitcoin (3), fillippone (3), hisslyness (2), JayJuanGee (1)



El Duderino
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FinePoine0
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July 08, 2024, 12:33:16 PM



El Duderino
Next stop, curious of who
Knows my where abouts.

Wow😲 Nice Art,
The hand drawing is attractive..
gallianooo
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July 08, 2024, 12:40:21 PM



El Duderino
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Budapest or Praha
ChartBuddy
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July 08, 2024, 01:01:16 PM


Explanation
Chartbuddy thanks talkimg.com
ChartBuddy
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July 08, 2024, 02:01:15 PM


Explanation
Chartbuddy thanks talkimg.com
Lucius
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July 08, 2024, 02:36:34 PM
Merited by JayJuanGee (1), Gachapin (1), Zeunerts (1)

It's a bit harsh to generalize like that. I show an tweet about a single company (once again) buying bitcoin, and you bring the entire country into the equation. Nowhere do I say that Japan is a good country or a role model in any way. Just wanted something positive after all the bloodbath. There are other bigger companies and/or better role models that are buying bitcoins as well.

If you don't like looking at the big picture, that's your choice - but there's nothing harsh about the fact that I wrote the truth. I don't know how long you've been here, but what you call a bloodbath is a beginner's game compared to what BTC has been through since I've been in this game. A 10% drop in a period of 7 days is nothing unusual - do you remember a pandemic 50% drop in 48 hours?
El duderino_
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July 08, 2024, 02:36:46 PM

Wrong on 2 guesses
El duderino_
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July 08, 2024, 02:37:24 PM

Fucking nosedives
gallianooo
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July 08, 2024, 02:47:41 PM

It's a bit harsh to generalize like that. I show an tweet about a single company (once again) buying bitcoin, and you bring the entire country into the equation. Nowhere do I say that Japan is a good country or a role model in any way. Just wanted something positive after all the bloodbath. There are other bigger companies and/or better role models that are buying bitcoins as well.

If you don't like looking at the big picture, that's your choice - but there's nothing harsh about the fact that I wrote the truth. I don't know how long you've been here, but what you call a bloodbath is a beginner's game compared to what BTC has been through since I've been in this game. A 10% drop in a period of 7 days is nothing unusual - do you remember a pandemic 50% drop in 48 hours?

Pandemic drop is another story, and we did a HUGE V-bottom at this time.

Ofc 11+% drop in 1 week is not catastrophic, but it's still the biggest red weekly candle since FTX crash.
Zeunerts
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July 08, 2024, 03:00:59 PM
Merited by Lucius (1)

It's a bit harsh to generalize like that. I show an tweet about a single company (once again) buying bitcoin, and you bring the entire country into the equation. Nowhere do I say that Japan is a good country or a role model in any way. Just wanted something positive after all the bloodbath. There are other bigger companies and/or better role models that are buying bitcoins as well.

If you don't like looking at the big picture, that's your choice - but there's nothing harsh about the fact that I wrote the truth. I don't know how long you've been here, but what you call a bloodbath is a beginner's game compared to what BTC has been through since I've been in this game. A 10% drop in a period of 7 days is nothing unusual - do you remember a pandemic 50% drop in 48 hours?

Not everything has to be complicated. My account is older than yours. I have been through most ups and downs I would say. It’s not a bloodbath for me, but I reckon people who entered this year might feel differently.

But each to his own.  Smiley
ChartBuddy
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July 08, 2024, 03:01:18 PM


Explanation
Chartbuddy thanks talkimg.com
criptoevangelista
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July 08, 2024, 03:35:53 PM



El Duderino
Next stop, curious of who
Knows my where abouts.

frederiksberg
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July 08, 2024, 04:01:16 PM


Explanation
Chartbuddy thanks talkimg.com
El duderino_
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July 08, 2024, 04:16:26 PM
Merited by JayJuanGee (1), ivomm (1)

Naaaah not there

https://x.com/ArkhamIntel/status/1810331451348386106
And for Germany... close to sell out of there coins?
What a mistake they make...
gallianooo
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July 08, 2024, 04:29:10 PM

Naaaah not there

https://x.com/ArkhamIntel/status/1810331451348386106
And for Germany... close to sell out of there coins?
What a mistake they make...

Not sure if they sold the 16 000 BTC  sent today.. or if most of them are only in CEX but not filled yet..
ChartBuddy
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July 08, 2024, 05:01:15 PM


Explanation
Chartbuddy thanks talkimg.com
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