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

[d_eddie]

Unfortunately the duck isnt't really up to speed either.  I have been making a habit of using it first, as using it will probably make it better, but it needs to get better.

The internet is fucking broke IMO.

I like startpage better than the duck. Customizable too.

[VB1001]

Nasdaq’s Quandl Institutional Data Platform to Add Crypto Reference Prices

A Nasdaq-owned financial data platform for institutional investors is adding cryptocurrency reference prices.

Nasdaq’s Quandl platform will source its price information from cryptocurrency price and indices provider CryptoCompare. Based on CryptoCompare’s aggregate index datasets, the product will provide up-to-date pricing data for the “most liquid” cryptocurrency markets, according to a press release published Tuesday.

https://www.coindesk.com/nasdaqs-quandl-institutional-data-platform-to-add-crypto-reference-prices

[vapourminer]

Moon news:

https://www.nationalgeographic.com/science/2019/06/massive-blob-discovered-moon-surface/

Huge mystery blob found under the moon's far side

Researchers have discovered something massive lurking underneath the far side of the moon: a mysterious blob with the mass akin to a pile of metal five times the size of the Big Island of Hawaii.

The structure, described in a recent study published in Geophysical Research Letters, sits at least 180 miles beneath the South Pole-Aitken basin—a colossal crater punched into the lunar landscape billions of years ago, when the moon's initially molten surface had cooled just enough for impacts to leave a lasting mark.

The blob is likely related to the crater's formation, and it may be the remnants of an ancient impactor's metal core, says study coauthor Peter James of Baylor University.

TMA-1 has been found

[El duderino_]

blah

Welcome to DT1 ... V8 :

blah

Congrats mindtrust, fillippone, V8's and micgoossens! *nice story snipped*

thx both, congrats to those, thx to my trustees.

Sometimes it's easier to raise an issue like this here, rather than cause drama and fuss on meta.

But in principle, I'd bet that most WObservers dgaf about DT stuff, and don't want it here.

Anyone is welcome to pm me though about all that jazz, because frankly it's far from perfect, or in fact any other stuff.

Thx for guys that have trust in me, though I think most of the members that do trust me is more cause they respect me as a person with good intentions towards BTC and community etc
I'm still not very known with or around DT1 etc but if there is something I could do, I will always love to help where I can

[Febo]

How about LITECOIN ?

Halving coming up in about 60 days

How high can it go?
that is the question

Last time it pumped like 40 days before halving. Now we are like 2 weeks until that point. After pump it slowly went to same levels as before. Did pump already happened this time?

[realr0ach]

Also this is the reason why the nocoiners call bitcoin a Ponzi scheme.

They call it a Ponzi scheme because IT IS a Ponzi scheme.  Bitcoin is neither a resource or commodity so anytime you try and trick someone into accepting one for a real world good or service you're participating in the act of a malevolent scam no matter how you attempt to rationalize it.  

It's a Keynesian scam token like millions of other Keynesian scam tokens that have been created before it.  It makes zero difference whether the supply is inflationary, deflationary, or anything else.  Complete idiots defend the Keynesian nature of Bitcoin (completely artificial and of no value based on artificial scarcity) because they have an IQ of two and think the word "deflationary" means it's somehow automatically good and not a scam.

Unfortunately for you, due to the fact Bitcoin is not a resource or commodity, you can hoard all 21 million of them and the rest of the world can completely ignore you like you don't even exist.  Whereas if I horde a real resource or commodity money like physical silver, I then get to ask for whatever the market can bear.  In other words, a Keynesian scam token (Bitcoin) grants you zero power, while people holding real commodity money (like silver) are the ones actually holding the cards.

[fillippone]

Colonoscopy completed. Medium sized polyp detected and removed. Biopsy report in 1 week. Expecting benign results.

Take care of your assholes, brothers.

Glad everything is looking good.

Take care of your assholes, brothers
 is a nice twist from
Take care of your brothers, assholes

[fillippone]

http://dailybitcoinnews.com/study-74-percent-of-bitcoin-mining-powered-with-renewable-energy/

According to the third installment of CoinShares’ biannual mining report, 74 percent of power on the bitcoin mining network comes from renewable energy sources.

Original report (email registration needed).

Ah!
Soon will come the day when Bitcoin Mining will be entirely powered by renewable energy, and the excess production will be used to run the most secure protocol to ensure financial individual sovereignty!
 

[BitcoinGirl.Club]

Good morning WO!
Observing @ $7,807
How long we will need to wait for the $10k move?

[JimboToronto]

Good morning Bitcoinland.

Still going sideways in pursuit of $8k... currently $7818USD/$10265CAD (Bitcoinaverage).

Paint drying or grass growing? Yawn.

Cmon Bitcoin, wake up.

[LFC_Bitcoin]

mindrust, fillippone, V8 and micman - Welcome to the DT1 brotherhood, we’ve been waiting for you.

[BitcoinGirl.Club]

Still going sideways in pursuit of $8k... currently $7818USD/$10265CAD (Bitcoinaverage).

This looks good except the currency symbol  🤪 Imagine it's in USD currency.

[JSRAW]

Take care of yourself Bob

Congrates - Best of luck v8, mic and fillippone for DT1:

Phillippone and mic : Guys make sure you have thick skin before getting into DT1-Meta drama. v8 already got crocodile's skin

Pamoldar : you didn't missed anything yet.

Note : Mindtrust you too bro, you just trust your mind and you are good to go

[fillippone]

Oh dear Lord, I do love this man:

https://twitter.com/100trillionUSD/status/1138457543741714432

A Random Walk Down Wall Street + #bitcoin

From the comments:

1955-2019
100% SPY: 8% return (geometric), -40% max loss
100% GLD: 7.5% return, -32% max loss
100% UST 6% return, -8% max loss
Time period 1955-2019

Bitcoin 2010-2019, 1% yearly rebalanced: 8.3% return, -1% max loss

Just think about the compelling case for a Portfolio manager to include BTC in his portfolio. Negative interest rates, low and flat yield curve with stretched stock valuations.
No surprises finding CME is experiencing record volumes or that GBTC is selling shares with 40% premium over theoretical value: someone is desperate to gain exposure to BTC.

[BitcoinGirl.Club]

mindrust, fillippone, V8 and micman - Welcome to the DT1 brotherhood, we’ve been waiting for you.

I noticed mic this morning. Congrats too all.

[BitcoinGirl.Club]

Pamoldar : you didn't missed anything yet.

This one even before I asked 🤪

[JSRAW]

Pamoldar : you didn't missed anything yet.

This one even before I asked 🤪

 

[CryptoNeed]

Support levels are at $7,960-$7,980, $7,870-$7,890 and $7,775. The confluences at those levels are:

• $7,960-$7,980: 15-min Bollinger band middle curve, weekly 38.2% Fibonacci retracement level, SMA 5, SMA 200, SMA 50, daily 23.6% Fibonacci retracement level and 1-hr previous low
• $7,870-$7,890: 5-day simple moving average (SMA 5), hourly Bollinger band middle curve, 4-hour Bollinger band middle curve, SMA 100 and daily Fibonacci 38.2% retracement level
• $7,775: Weekly Fibonacci 23.6% retracement level

Resistance levels are at $8,030, $8,100, $8,200, $8,250 and $8,300. The confluences at those levels are:

• $8,030: 15-min Bollinger band upper curve, 4-hour previous high and SMA 10
• $8,100: No confluence detected
• $8,200: Daily Bollinger band middle curve and monthly Fibonacci 23.6% retracement level
• $8,250: Daily pivot point resistance 1 and SMA 100 curve
• $8,300: The top-most resistance level has the weekly 61.8% Fibonacci retracement level

Can BTC/USD bulls go past $8,000?

So do you have some new support levels?  they all broke

as we struggle to hold the 21DMA  at a potential H+S formation, I assume we could go lower. My target would be the 50w EMA which correlates with the 50% fib at about 5.8k.

[BitcoinGirl.Club]

I wish I would buy this piece of antique for $2, I would then use the $2M to buy bitcoins 🤪
https://www.youtube.com/watch?v=ya8xpIWSlbM

[fillippone]

mindrust, fillippone, V8 and micman - Welcome to the DT1 brotherhood, we’ve been waiting for you.

Thanks m8.
You have been part of this story!

Take care of yourself Bob

Congrates - Best of luck v8, mic and fillippone for DT1:

Phillippone and mic : Guys make sure you have thick skin before getting into DT1-Meta drama. v8 already got crocodile's skin

Pamoldar : you didn't missed anything yet.

Note : Mindtrust you too bro, you just trust your mind and you are good to go

Thanks JSRAW , but I already promised to keep the meta-drama as low and as far from WO as possible!