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

[Syke]

this 1 $BTC is misleading.

Correct. There is no such thing as "1 $BTC", so the question is ambiguous and there is no "right" answer.

[1713996676]

1713996676

[HairyMaclairy]

untitled 6 lyrics

[El duderino_]

Still, this rally isn’t broken yet.

The failure to break past $6610 on that break downwards indicates to me that the bulls are in control.  

I am changing my position and flipping to short term bullish.

looking forward for your middle and long term bullish charts

[HairyMaclairy]

Still, this rally isn’t broken yet.

The failure to break past $6610 on that break downwards indicates to me that the bulls are in control.  

I am changing my position and flipping to short term bullish.

I got stopped out about 3 minutes after posting this.  Bitcoin is one hell of a ride !

[El duderino_]

I'm actually terrified at this moment.

Up is down.

Bottom is left.

Right is blue.

XRP is number two.

 

As long as nr 1 stays nr 1   more we don’t need

Actually Mic, who gives a ratt's ass, except some folks who are getting mislead by the significance of coin market cap when they have such a shit coin, such as XRP posted up there on CMC?  

Furthermore, it seems to me that there were times in which XRP would have already surpassed bitcoin on a number of occassions, especially if they accounted for its total supply - which also demonstrates their fake restriction of the supply, too.

Perhaps XRP going to number 1 on CMC would be a good thing in order to show more intelligent folks how stupid the XRP manipulated scam bullshit and lack of use case coin (beyond pump and dump ponzi) is being shown on CMC.

Yes, marketcap is a very bad metric to rank cryptocurrencies and also cmc is too popular with newbies. XRP wont make it to #1 ever and if it does i dont think people will abandon it but rather celebrate the new standard    

Never say never about the manipulated bullshit when it comes to the fact that XRP is even on coinmarket cap and there are many pro ripple advocating folks who already concede that XRP is not a blockchain, so what the fuck is it doing on coinmarket cap in the first place?  I would not be surprised by some pumping shenanigans that could bring XRP's market cap above bitcoin... furthermore, there is real shenanigans as well with circulating XRP supply at 40 billion, but total actual supply of XRP is 100 billion.  

Is there something stopping the sales of some of those extra and hidden 60 billion XRP - which could well mean that those other behind the scene XRP should be considered as part of its valuation (showing further that XRP is way overvalued with restricted supply that causes it to be able to pump more easily)?  Actually, no one really knows why XRP was pumped this last time around, but they are certainly doing a lot of marketing and they get a lot of regular press that seems to deceive peeps into thinking that this next thing called XRP (have you heard of it) is the next thing to sliced bread.

I dont think XRP can pump to those levels without crypto and inevitably btc rallying too. Also, those 60b XRP you are talking about, they can only sell a certain amount each month (ripple labs) but yes, terrible situation with such large part of the supply owned by a single actor. In my beginning days i fatfingered into a ripple market buy with my whole exchange account.. it was 1.6m xrp lol and i corrected my mistake by selling back (note this is 2016). But i dont like the coin and think it would be better if it didnt exist.

[El duderino_]

[Deeyoh]

10,000 LTC buy in Binance.  That's the biggest I've seen on binance.  Looks like a push up for the normal Sunday night/ Monday morning dump.

Yep, called it and sold all out my trade stash.  I only do spot.. so now wait time for the bottom.   This is the hard part. I almost always go back in to early.  

[El duderino_]

via Imgflip Meme Generator

1 small pump of XRP and all the enthousiast where there HAHA     

[El duderino_]

member when we used to observe walls?
i memeber

All this sideways action, for so long, is making some of us go all bonkers 'n sheeit.

Know what I mean ?

Feeling despair and malaise for so long is starting to take it's toll.

Will this suffice, until morale improves ?

wall watching improved 

[StartupAnalyst]

[HairyMaclairy]

[vroom]

the honey badger raccoon is ready to roll

[Elwar]

Price is down to unprecedented* levels.

It was nice knowing you all, we will never forget this crazy experiment that we were all a part of.



*in terms of the past few minutes/seconds

[Speculatoross]

[El duderino_]

Price is down to unprecedented* levels.

It was nice knowing you all, we will never forget this crazy experiment that we were all a part of.



*in terms of the past few minutes/seconds

yeah still under 10K what are we gonna do .......

suggest hodl all the way

[afbitcoins]

Found this on Twitter
Not as simple as it looks alike
Your bets

(1/6000*7000)+(1/8000*9000) = $2.29166666667

I give up  

I think the key word is money. Do you consider bitcoin is money or usd as money? If you consider that money is us$ fiat  (rather than just currency) its quite simple you made 2k dollars for no change in your bitcoin wealth.

https://www.quora.com/What-is-the-difference-between-currency-and-money-1

But perhaps bitcoin is a better form of money? In which case you didn't increase your bitcoin wealth at all but did get 2k dollars of dry powder to buy on the next dip.

The answer is you made less money than if you hodl'd

[Astargath]

So higher low daily and continuation in the next days? Bitcoin still looking fairly strong. Hopefully nothing weird happens, we all know this is a serious market with no pumps and dumps.

[crypmike]

Expect a continuation of the bullish movement

SHORTS amount decreased a lot despite on the falling past 3 days market
Probably MM prepares something

Also, a daily MA50 retest is nice

[Raja_MBZ]

1 small pump of XRP and all the enthousiast where there HAHA     

One XRP follower = 10 Twitter accounts...

Found this on Twitter
Not as simple as it looks alike
Your bets

$2000 + 0.00 bitcoin = NO "REAL" MONEY

[Hueristic]

Found this on Twitter
Not as simple as it looks alike
Your bets

1k  

2k

Added: +2k in fiat but in BTC you would be -1k because if you had held your would BTC would be worth +3k from initial purchase.

So the answer is... -1K in fiat terms relative. Oww my Brain hurts.

I think if he originally had $8k, his profit would be 2k
But if he had only $6k, his profit would be 1k
 

True, If he only had 6k then he could not have made the second purchase.

Since it says he made both purchases he must have had at least 7k to start.

Or does it say you brought 1$ BTC @    etc.

$6k in seashells.

this 1 $BTC is misleading.

(1/6000*7000)+(1/8000*9000) = $2.29166666667

You will have to explain this to the rest of the class.

It doesn't matter if $BTC is a typo, he means 1 BTC, or he means 1 BCASH, or 1 ASS.... he:

1- Buy 1 of whatever for $6000, and afterwards sells it for $7000. Profit = $1000
2- Buy 1 of whatever for $8000, and afterwards sells it for $9000. Profit = $1000

Total money made: $2K.... Or, just in case the "," is eur notation: $2,000

Oh, fuck, I said I gave up, I can't even stand by my word now

LOL

this 1 $BTC is misleading.

Correct. There is no such thing as "1 $BTC", so the question is ambiguous and there is no "right" answer.

You can substitute $BTC for A and solve for A.

I prefer to solve for seashells.

Still, this rally isn’t broken yet.

The failure to break past $6610 on that break downwards indicates to me that the bulls are in control.  

I am changing my position and flipping to short term bullish.

I got stopped out about 3 minutes after posting this.  Bitcoin is one hell of a ride !

W00ps LOL ...

I think the key word is money. Do you consider bitcoin is money or usd as money? If you consider that money is us$ fiat  (rather than just currency) its quite simple you made 2k dollars for no change in your bitcoin wealth.

https://www.quora.com/What-is-the-difference-between-currency-and-money-1

But perhaps bitcoin is a better form of money? In which case you didn't increase your bitcoin wealth at all but did get 2k dollars of dry powder to buy on the next dip.

The answer is you made less money than if you hodl'd

I agree, so solve for both.

$2000 + 0.00 bitcoin = NO "REAL" MONEY

Lol, yup I think that was his point. But from that point of view you would have lost -1k by not holding at 6k. You missed the 1k at 7-8k