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

[ThePunisher49X]

Nice a 100 billion market cap is safe

I think this was the reason for it pumping up so sharply.
Those who hold a lot just sacrificed a bit of their holdings so it is not a bloodbath.

[1715084776]

1715084776

[bitserve]

It's things like this that you sit here trying to figure what it was.... shorts being rekt? a pumper whale? Some people in real hurry to get "some" bitcoins?

Or maybe just too many people that put the stop loss of their shorts all around $6K.....

Whatever it is, it's very welcome

It's just noise.


for now

Yeah... just a very loud THUMP!

[Elwar]

These single large pumps are not good indicators of a turnaround. High volume rise over the course of a day would do it. Not a single jump.


Bitcoin is still under $10k 

[El duderino_]

These single large pumps are not good indicators of a turnaround. High volume rise over the course of a day would do it. Not a single jump.


Bitcoin is still under $10k 

Still 37k in my head already

[Last of the V8s]

rumours of a flood in Sichuan devastating a mine

[rafanadal]

If we go below 10k again, i am not sure we'll see 5 digits again for a very long time if ever.

4 months now. 

[LFC_Bitcoin]

These single large pumps are not good indicators of a turnaround. High volume rise over the course of a day would do it. Not a single jump.


Bitcoin is still under $10k 

Still 37k in my head already

Just a matter of time.

[hodl_2015]

It's things like this that you sit here trying to figure what it was....

Bought TFD. (not nearly enough so I will need to HODL a little longer)

[DeathAngel]

rumours of a flood in Sichuan devastating a mine

Fuck that’s a lot of money down the shit pan if those machines are damaged.

[bitserve]

rumours of a flood in Sichuan devastating a mine

I love how the flood left the GPU's on the left perfectly stacked. Mother nature is awesome.

[Anon136]

The only way to turn this ship around is if we move +2000 dollars in a day.

Right... That is the ONLY possible way. 300 dollars per day for a while couldn't do it either or anything. 

[vladimir21]

Too bad many people don't realize that it is saturday/sunday, price is manipulated by bots heavily. Volume is the same pretty much

[rafanadal]

300 dollars will be erased by tomorrow morning, it's not indicative of anything, we've seen this shit so many times.

[barota]

300 dollars will be erased by tomorrow morning, it's not indicative of anything, we've seen this shit so many times.

i think another big dump will take prices to 5000---5500 soon
Not useful. Buy at expensive prices  ,I am surprised by the people who buying now
People must stop buying Bitcoin at these high prices

[Anon136]

300 dollars will be erased by tomorrow morning, it's not indicative of anything, we've seen this shit so many times.

It will. Or it wont. Definitely one of those two.

No but seriously. It's entirely possible that any 300 dollar daily rise could be the one that is the true bottom. There is no reason why 2000 dollars in a day is required. And further a 2000 dollar rise in a day could be wiped out just the same as a 300.

[JayJuanGee]

They probably already do. I suspect Bitmain is pointing some of their hash at alternative pools just to obfuscate their true power.

i reckon they've had far more than 51% for several years, and certainly have enough power to influence 51%. letting anyone know that is not helpful to their image.

Comes off as a bit paranoia, conspiracy theory laden and lacking in evidence.   Thus FUD spreading?

[coralreefer]

I've been watching that poll at the top of the thread and had to laugh that the day before it ends all these folks started voting 5500-6000.  And now we move to 6250...lol...just shows...there is no way to predict this beast....even the day before the poll ends.

I know...everyone wants to focus on gloom and doom...just thought it was a funny observation    but I'm not worried.

[European Central Bank]

Comes off as a bit paranoia, conspiracy theory laden and lacking in evidence.   Thus FUD spreading?

the richest miner making the most mining machines who is also hell bent on driving everyone else out of business who also has litte interest in bitcoin other than extracting the most money and power possible. all of that adds up to more than 51% to me.

that smells of logic not fud but carry on with your patrol if it makes you feel good.

[bones261]

They probably already do. I suspect Bitmain is pointing some of their hash at alternative pools just to obfuscate their true power.

i reckon they've had far more than 51% for several years, and certainly have enough power to influence 51%. letting anyone know that is not helpful to their image.

Comes off as a bit paranoia, conspiracy theory laden and lacking in evidence.   Thus FUD spreading?

Oh please. Bitmain's got the cajones. Here's a pic of just one of their mining farms from their blog.

https://blog.bitmain.com/en/bitmain-to-set-high-standards-with-state-of-the-art-xinjiang-data-center/

[El duderino_]

These single large pumps are not good indicators of a turnaround. High volume rise over the course of a day would do it. Not a single jump.


Bitcoin is still under $10k 

Still 37k in my head already

Just a matter of time.

i know my friend, more should know it as well ........