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

[Savemore]

China bans cryptocurrency even more.

https://m.scmp.com/tech/enterprises/article/2161014/china-block-more-120-offshore-cryptocurrency-exchanges-crackdown

Goes to show how much they are afraid of it

As long as it doesn’t shake out loads of weak ass hands then it’s ok. Pisses me off every time China ‘bans’ crypto it makes people sell. They’re always fucking banning & unbanning crypto.

Some people need to strap on a sac & HODL through these faux bans.

It is true that the China is always banning and unbanning cryptocurrency, it always creating FUD and it is the reason why many panic sellers are losing their money. Strong hands traders are the always have the last laugh. 

[Last of the V8s]

It's the Party though. Fuck the Chinese Communist Party.

[LogitechMouse]

So,
SEC rejected 9 ETF-Proposals 4 hours ago.
https://www.coindesk.com/sec-rejects-7-bitcoin-etf-proposals/
So far no reaction in bitcoin price. (Everybody sleeping?)
Hopefully it stays above 5800. Hardly anybody seems to believe that anymore.

I thought the third failed rally of bitcoin will make the price of it go lower than 5800 but it didn't.
The rejection of the ETF didn't impact much on the price of it. The pump recently is caused by the maintenance of bitmex (I think).

[LFC_Bitcoin]

So,
SEC rejected 9 ETF-Proposals 4 hours ago.
https://www.coindesk.com/sec-rejects-7-bitcoin-etf-proposals/
So far no reaction in bitcoin price. (Everybody sleeping?)
Hopefully it stays above 5800. Hardly anybody seems to believe that anymore.

I thought the third failed rally of bitcoin will make the price of it go lower than 5800 but it didn't.
The rejection of the ETF didn't impact much on the price of it. The pump recently is caused by the maintenance of bitmex (I think).

Seems like the market absorbs & doesn’t give a shit about ETF’s getting denied. Who would have thought it? Decentralized currency doesn’t need government approval.

[El duderino_]

indeed  it doesn't just let BTC grow steady and easy .....

[LFC_Bitcoin]

indeed  it doesn't just let BTC grow steady and easy .....

Don’t get me wrong, I’d love the VanEck/SolidX ETF to gain approval, it’d probably create a big pump.

It’s not going to be approved though (imo of course).

[El duderino_]

it is no longer really applicable

LOL

[El duderino_]

for them good old Bcash'ers   always and only good news around there .....

[LFC_Bitcoin]

for them good old Bcash'ers   always and only good news around there .....

Hey, I have a good idea BCH’ers.

Transfer all of your BCH into bitcoin before the shit show really starts. BCH going to 0.

[El duderino_]

^

would be a smart move for them there still is time .....

[Last of the V8s]

https://www.youtube.com/watch?v=w1dgXbZ3Aqg
hodl on

[Last of the V8s]

Bitmain demanding KYC to buy goddam bitcoin miners.
https://twitter.com/WhalePanda/status/1032642678444515329

[Last of the V8s]

https://www.youtube.com/watch?v=rcp3tZ3XFyQ
when you hear phil collins
soon

[LFC_Bitcoin]

https://www.youtube.com/watch?v=rcp3tZ3XFyQ
when you hear phil collins
soon

One day for real buddy.

When we hit something like $50,000 per bitcoin it’ll be euphoric.

(Less than $50,000 for some who have several hundred bitcoin’s)

[El duderino_]

https://www.youtube.com/watch?v=w1dgXbZ3Aqg
hodl on

haha nice one maybe phil collins is a hodler as well?



just came across this one, Will be selling both kidneys before this Get rich AND die trying LOL

but offcourse the halving could really be a nice time to be owning a bit in BTC 

[bones261]

for them good old Bcash'ers   always and only good news around there .....

Hey, I have a good idea BCH’ers.

Transfer all of your BCH into bitcoin before the shit show really starts. BCH going to 0.

Especially since none of these forks are going to implement any kind of meaningful replay protection. They are just going to battle it out and the fork with the most hash wins. BCH is going to be basically unusable until the victor is clear and the losing chains either die or implement replay protection to survive.
It's funny. Craig Wright claims his side has way more hashpower than Jihan's side. https://twitter.com/ProfFaustus/status/1032580557807476736 

[yefi]

Just a heads-up, the civil rehabilitation claims process at MtGox is now open. Any OG's who had coins there and didn't claim under the old bankruptcy proceedings can file a new application. Expected return is around 17% of any BTC and 100%, plus 6% per annum delay damages, for fiat.

[LFC_Bitcoin]

https://www.youtube.com/watch?v=w1dgXbZ3Aqg
hodl on

haha nice one maybe phil collins is a hodler as well?



just came across this one, Will be selling both kidneys before this Get rich AND die trying LOL

but offcourse the halving could really be a nice time to be owning a bit in BTC 

6-12 months after the next halving is when I plan to start selling some & fucking living like a King

[El duderino_]

-reddit

It’ll be rejected like all others before it. The market doesn’t seem to be negatively influenced by the rejections any more though.

Would love to see it approved though as I think we’d have a big positive price reaction.

I just don’t think the SEC will ever approve one, not in the short to medium term any way.

[El duderino_]

^^

don't let it only depends on the coins enjoy every moment .... and just enjoy the ride

meanwhile i hope we are in for a weekend PUMP