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

[Anon136]

Cant put my finger on it but this one feels different from the other green candles we have seen on the way down. Maybe something about the strong bounce off of the 7500 support...

[1715266200]

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[1715266200]

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[Syke]

I'm thinking about maximizing for most fun.

 It goes without saying I'd probably buy at least 1 bottle of ~$1,000 USD Scotch, as that can likely be spread around nicely, but getting into "expensive spirits" would probably be wasteful.

Now you're talking the good stuff.

https://bunnahabhain.com/our-whisky/40-year-old/

[Paashaas]

An analysis of Bcash lol mining economics and game theory:  the Abyss

https://medium.com/@btcWolves/bch-heading-towards-the-abyss-f1b2b9ec41f1

yeah, that was worth the full read, thanks

One Bcash wallet owned by Bitmain with a staggering 440,000 Bcash in it, that bag gets bigger everyday because nobody is buying that shitcoin.

https://bitinfocharts.com/bitcoin%20cash/address/19hZx234vNtLazfx5J2bxHsiWEmeYE8a7k-full

[jbreher]

I'm not a very social person and generally hate most everyone IRL.

Gotta say I find this somewhat surprising.

Tickle my taint with your tongue. Out of the regular posters in this thread, I think I hate you the most. Or maybe r0ach. I dunno. Could be a tie.

Aww. You made me sad.

[Anon136]

An analysis of Bcash lol mining economics and game theory:  the Abyss

https://medium.com/@btcWolves/bch-heading-towards-the-abyss-f1b2b9ec41f1

yeah, that was worth the full read, thanks

One Bcash wallet owned by Bitmain with a staggering 440,000 Bcash in it, that bag gets bigger everyday because nobody is buying that shitcoin.

https://bitinfocharts.com/bitcoin%20cash/address/19hZx234vNtLazfx5J2bxHsiWEmeYE8a7k-full

It's not bcash you guys. Come on you guys. It's bitcoin cash, you guys. Guyyyyyyyyyyyys.

[Torque]

One Bcash wallet owned by Bitmain with a staggering 440,000 Bcash in it, that bag gets bigger everyday because nobody is buying that shitcoin.

It'd probably be a lot bigger if the largest Bitcoin holders (like the WinkleVii for example) would dump all their remaining BCash, but I imagine that some of them just can't be bothered to jump through the hoops. 

[bitserve]

Things looking a bit brighter today and really refreshing to see people already talking about the future $100K party. *THAT* would be *EPIC*.

[Toxic2040]

Good morning all. We seemed to have turned a corner and are now fighting to get back above a support line. I think chances are good we breach this level and march towards 9k as the weekend draws closer. #dyor

[JayJuanGee]

One Bcash wallet owned by Bitmain with a staggering 440,000 Bcash in it, that bag gets bigger everyday because nobody is buying that shitcoin.

It'd probably be a lot bigger if the largest Bitcoin holders (like the WinkleVii for example) would dump all their remaining BCash, but I imagine that some of them just can't be bothered to jump through the hoops. 

How do we know that Winklvii and some of the other BIG ones have not dumped their Bcash?

[Torque]

One Bcash wallet owned by Bitmain with a staggering 440,000 Bcash in it, that bag gets bigger everyday because nobody is buying that shitcoin.

It'd probably be a lot bigger if the largest Bitcoin holders (like the WinkleVii for example) would dump all their remaining BCash, but I imagine that some of them just can't be bothered to jump through the hoops.  

How do we know that Winklvii and some of the other BIG ones have not dumped their Bcash?

Well I guess we don't know that, it would take some sleuthing to know for sure. The WinkleVii claim to have not sold anything and have all their Bitcoin locked up.

But then with a BCash major dump the question is who would buy it? The BCash float is so tiny and thin right now that it couldn't take a major market dump. Not on the scale of what the Bitcoin market can absorb.

[conspirosphere.tk]

Things looking a bit brighter today and really refreshing to see people already talking about the future $100K party. *THAT* would be *EPIC*.

Just don't buy anything to show off at the party:

https://www.youtube.com/watch?v=gCQRvfWvdt8

or the IRS will hunt your ass for the rest of your life.

***Don't Buy Anything***

[RejectedBanana]

While you are busy scalping pennies in front of a steamroller...

Powerful. I am going to try to always keep this perspective in mind.

[acquafredda]

Things looking a bit brighter today and really refreshing to see people already talking about the future $100K party. *THAT* would be *EPIC*.

Just don't buy anything to show off at the party:

https://www.youtube.com/watch?v=gCQRvfWvdt8

or the IRS will hunt your ass for the rest of your life.

So please no Private Jets, no Limos, no Jetpacks, no Ferraris and, certainly, no Lamborghinis.
Everyone on buses and old cars

[El duderino_]

didn't read the whole thing but depents on witch kind of booze .... there are some pricey bottles of booze on the market

 I'm a Red Wine (California Napa Valley Cabernet) aficionado myself, so I know all about pricey bottles of booze.

 I'm thinking about maximizing for most fun.

 It goes without saying I'd probably buy at least 1 bottle of ~$1,000 USD Scotch, as that can likely be spread around nicely, but getting into "expensive spirits" would probably be wasteful.

 I'm not saying buy cheap shit either, but trying to establish a "middle ground".

 Seriously - I'll throw 0.5 BTC for libations towards the $100k party. 0.5 BTC == 0.5 BTC after-all, right ? I'm playing with that much for my Lightning nodes, so it seems fair to "blow the other 0.5 on crazy party shit" - to my mind.

THX for some Smerit

i'm also a wine liking guy .... but @100k it will be some of everything 

[bluebits]

-tera bera

Duration:

Glade - 6 weeks
Glide -  6 months

Beginning:

Glade - 3 year record breaking volume after 70% decline
Glide  - ? Another volume bounce indicator somewhere around 5.5k ?

End

Glade - Attempts to bust past a 100% increase or reach any level that will credibly start a new bull run fizzle out (failing at 11.8 twice, then at 10 on the way down sealed it as over)
Glide -  ? Same as above, trying to get past 10k fails ?

[bitserve]

-tera bera

Duration:

Glade - 6 weeks
Glide -  6 months

Beginning:

Glade - 3 year record breaking volume after 70% decline
Glide  - ? Another volume bounce indicator somewhere around 5.5k ?

End

Glade - Attempts to bust past a 100% increase or reach any level that will credibly start a new bull run fizzle out (failing at 11.8 twice, then at 10 on the way down sealed it as over)
Glide -  ? Same as above, trying to get past 10k fails ?

Maybe it's just me... but I didn't understand anything

[RealMachasm]

-tera bera

Duration:

Glade - 6 weeks
Glide -  6 months

Beginning:

Glade - 3 year record breaking volume after 70% decline
Glide  - ? Another volume bounce indicator somewhere around 5.5k ?

End

Glade - Attempts to bust past a 100% increase or reach any level that will credibly start a new bull run fizzle out (failing at 11.8 twice, then at 10 on the way down sealed it as over)
Glide -  ? Same as above, trying to get past 10k fails ?

Maybe it's just me... but I didn't understand anything

Nope not just you?

[bitserve]

Things looking a bit brighter today and really refreshing to see people already talking about the future $100K party. *THAT* would be *EPIC*.

Just don't buy anything to show off at the party:

https://www.youtube.com/watch?v=gCQRvfWvdt8

or the IRS will hunt your ass for the rest of your life.

***Don't Buy Anything***

Or pay your due taxes before buying anything maybe?

Look at Bob, he has probably paid more in taxes than an average person would need to live their entire life. It's costly, yep, but I guess you buy some peace of mind with that. Not because it is fair or even moral, but just because you avoid such potential problems.

Of course we all have the right to gamble on the risk of not doing it. That's each person decision.

[conspirosphere.tk]

End

Glade - Attempts to bust past a 100% increase or reach any level that will credibly start a new bull run fizzle out (failing at 11.8 twice, then at 10 on the way down sealed it as over)
Glide -  ? Same as above, trying to get past 10k fails ?

What end?
The dumpage was the Gox liquidator doing his thing, and in the current train wreck BTC is increasing its market share versus alts as usual.
Soon we'll moon again.

[xhomerx10]

I know you know about r/K, so tell me how this sounds to you.
People either think in an r way or a K way, to varying degrees. When a hard r and a hard K meet, they instinctively recognize one another for what they are, and instantly hate eachother.

So far as I have been able to apply r/K selection theory to my peer group, equating Liberal r to Conservative K, I've unfriended friends and family on social media over their liberal views.

Don't care if I ever cross paths with them at family functions in the future, ever again.

EDIT: I'm a firm 2nd Amendment supporter, and the reee's and tears from my Liberal contacts, in the wake of this recent Florida School shooting, was enough to say "You know what Bob. You're retired. You don't have to deal with any shit you don't want to deal with any more. Fuck 'em".

We have kids literally marching to have their rights taken away from them.

What sort of fucked up alternate-reality have I slipped into ?!

 Nothing wrong with healthy debate and the pro-2nd amendment side needs your support.  Those kids are marching to give away a tangible item because they dont know any better.  It's not a right to them, it's just a thing; a gun they're giving up and since they dont use them anyway, they dont see it as giving up anything.  They need proper education so they can make a more informed choice.  Educate them Bob!