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

[JSRAW]

raised

~Edited Out~

Tell your friends about Bitcoin

(Edit: And preach like a Gospel, Bhagwad Geeta, Kuran or God is not great. Be a Bitcoin missionary, Bitcoin Yogi, Bitcoin Mullah, Bitcoin Christopher Hitchens)

PS : Sorry if it already been shared.

https://twitter.com/Josh_Rager/status/1113095229102407680

The thing is, governments don't want fiat to be a store of value, they want debt, loans and fees everywhere. That way they get taxes on it all too.

True, but in the longer run, Fiat storage doesn't make sense and not a benefiting move IMHO. any economist guy can explain more clearly and in details here.

[LFC_Bitcoin]

Takeoff!!! Hang on to your coins, we are about to break through the stratosphere!!!

"We" gonna 80x this one?  go bitcoin go

The gods of luck say no.

Hahahahahaha...   I say GREAT!!! 

Maintain your reason and don't get too greedy.  We can get rich in bitcoin without any stinky 80x...

go bitcoin go.!!!

I’ll settle for a modest 10 - 20 x increase JJG

[starmman]

About time - that bear had us on the ropes for way too long LOL

[DaRude]

...

Incidentally, while BTC is up 14+% in the last 24 hours, BCH is up over 27% in the same time frame.

Bitcoin's rising tide lifts all altcoins, which tend to go up higher because they are considered to be more risky investments. This has always been the case. BCH and SV aren't rising on their own merits. I suspect they will continue to lose positions in the CMC ranking because their primary marketing tactic continues to be confusing newcomers into thinking they are "the real bitcoin." Its been a failure for them so far and there's no reason to believe that will change in the future.

Put yourself in the shoes of the average business owner who is still skeptical of cryptocurrency and is only beginning to consider adopting BTC for their business... Then along comes this chatter about how BCH and SV are better, and they look into it, only to discover that now they have to learn how to use and install 2 more wallets that aren't compatible with BTC, in the hopes that they will have customers who want to pay in BCH and SV. Largely, nobody still wants to pay in BTC, so there's little chance they're going through the hassle of bothering with coins that are not _actually_ bitcoin.

With "low" stagnant BTC prices bitmain doesn't have the profits to prop up bcash, so bcash was being priced to go bye bye into the night. Unfortunately BTC going up gives bitmain fatter margins to continue keeping its pet project afloat, so bcash shorts got burned this time around. Gambling on shitcoins being leveraged BTC will burn a lot of "traders".

[JayJuanGee]

Takeoff!!! Hang on to your coins, we are about to break through the stratosphere!!!

"We" gonna 80x this one?  go bitcoin go

The gods of luck say no.

Hahahahahaha...   I say GREAT!!! 

Maintain your reason and don't get too greedy.  We can get rich in bitcoin without any stinky 80x...

go bitcoin go.!!!

I’ll settle for a modest 10 - 20 x increase JJG

Exactamente!!!!!

Who needs 80x when 10-20x will make an already decent amount of Richie?

On the other hand, NOT going to complain if 80x comes.

[LFC_Bitcoin]

Takeoff!!! Hang on to your coins, we are about to break through the stratosphere!!!

"We" gonna 80x this one?  go bitcoin go

The gods of luck say no.

Hahahahahaha...   I say GREAT!!! 

Maintain your reason and don't get too greedy.  We can get rich in bitcoin without any stinky 80x...

go bitcoin go.!!!

I’ll settle for a modest 10 - 20 x increase JJG

Exactamente!!!!!

Who needs 80x when 10-20x will make an already decent amount of Richie?

On the other hand, NOT going to complain if 80x comes.

80 x I’m going to eat precious stones so I shit diamonds bruh!

[JSRAW]

@LFC
Bro, I know it's just figure of speech but watch out what you wish for :p

Howz your eye BTW,  All good?

EDIT

I wish I never went in the first place now

But it seems I’m ok. It’s not nice being referred to consultant/surgeons though without being told why.

Edit - Thanks for caring

hehe, glad to hear that it turn out the normal case and everything is okay, that's all matters in the end. we all wish the same for you, green candles look more beautiful with both eyes

[LFC_Bitcoin]

@LFC
Bro, I know it's just figure of speech but watch out what you wish for :p

Howz your eye BTW,  All good?

Man, I went for my eye test to get a prescription (glasses for reading/driving etc) & they sent me to a specialist for ‘unknown vision restrictions’. I was scared & worrying about all sorts of things for a week.

I went to the eye hospital yesterday to see a consultant & he basically said I’ve got a slightly lazy eye. He’s sending me to a specialist for eye balancing so it looks like a load of worrying tor nothing.

And I have to go back to a normal optician to do a standard test to sort myself some glasses/contact lenses today.

I wish I never went in the first place now

But it seems I’m ok. It’s not nice being referred to consultant/surgeons though without being told why.

Edit - Thanks for caring

[Globb0]

 

[El duderino_]

I know which of those two assets I’d rather have

r0ach does as well, we all know who's the better investor.....



Btw where is my favorite TROLL, the house-TROLL of the WO, our little pet?

right, crying some eyes out, forgot his on that tour again, and that after such a low difference of price +-5K.
what is he gonna do @ 10-ATH-double ATH-6-dig- and the very unknown after ??

also good morning WO's, morning was late for me today, still around 10 pages to catch UP.

[vroom]

nice try google photos

[Globb0]

Creepy they are "checking" your photos

[kenzawak]

Bitcoin and Friends : VLOG #2 / Roger's Choice

https://www.youtube.com/watch?v=6SjKzzFe0YE




For those who haven't watched this series yet, it's pretty weird but also sometimes very funny.

[BitcoinGirl.Club]

Bitcoin!!!!!!!!!!!!!!!!!!!!!!!!!!!!!






Good morning.

Thanks bitcoin for another exciting day to start.

We are nearly there to get $5k. weeeeeeeeeeeeeeeeeeeeee!

[BitcoinGirl.Club]

@LFC
Bro, I know it's just figure of speech but watch out what you wish for :p

Howz your eye BTW,  All good?

Man, I went for my eye test to get a prescription (glasses for reading/driving etc) & they sent me to a specialist for ‘unknown vision restrictions’. I was scared & worrying about all sorts of things for a week.

I went to the eye hospital yesterday to see a consultant & he basically said I’ve got a slightly lazy eye. He’s sending me to a specialist for eye balancing so it looks like a load of worrying tor nothing.

And I have to go back to a normal optician to do a standard test to sort myself some glasses/contact lenses today.

I wish I never went in the first place now

But it seems I’m ok. It’s not nice being referred to consultant/surgeons though without being told why.

Edit - Thanks for caring

Take good care bother. My best wishes are with you.

[kenzawak]

https://www.coinspeaker.com/bitcoin-price-mysterious-order/

Another industry insider said there were 6 million trades over an hour during the price rise, mostly concentrated on Asia-based exchanges. This is three to four times the usual trading volume. He said:

“You trigger other order books to play catch up, and that creates a buying frenzy.”

However, not everyone seems to be overwhelmed. Crypto analyst Nic Trades warned her 93,000 followers on Twitter to watch for signs that the recent surge is a false breakout.

She says a 50% drop from the height of the swing across the major exchanges is the key number to watch.

“If we come back more than 50% of this swing, that’s where I would be concerned and would say that this is probably a false breakout… I would be a little bit less bullish if we close back underneath the 200-day moving average line. A daily close under $4,714 wouldn’t be quite so positive.”

Brian Kelly, founder and CEO of digital currency investment firm BKCM said:

“Sentiment has shifted here. All indications that we have — whether it be fundamentals, technicals, the quantitative analysis we do — all suggest that we probably have at least started to put in the bottoming process.”

Kelly, also pointed out that Bitcoin’s past trading cycles have looked “very similar” to its current pattern.

[ChinkyEyes]

When I saw Bitcoin at $5k it just looked weird to me hahaha, I have gotten way to used to seeing bitcoin at the 4k levels.

The news of Bitcoin rising has reached many people, I had several people asking me yesterday what was causing the pump.

[Lauda]

However, not everyone seems to be overwhelmed. Crypto analyst Nic Trades warned her 93,000 followers on Twitter to watch for signs that the recent surge is a false breakout.

She says a 50% drop from the height of the swing across the major exchanges is the key number to watch.

“If we come back more than 50% of this swing, that’s where I would be concerned and would say that this is probably a false breakout… I would be a little bit less bullish if we close back underneath the 200-day moving average line. A daily close under $4,714 wouldn’t be quite so positive.”

All this means is that Nic Trades went short, no actual analysis of any kind. Stop following fakes. DYOR.

[kenzawak]

[LFC_Bitcoin]

When I saw Bitcoin at $5k it just looked weird to me hahaha, I have gotten way to used to seeing bitcoin at the 4k levels.

The news of Bitcoin rising has reached many people, I had several people asking me yesterday what was causing the pump.

I have a Bitstamp bookmark on my iPhone, I obviously made it when the price was $8,xxx because that’s what it says when I click on it for a millisecond before it loads the Stamp homepage