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

[Ibian]

Just looked at the weekly view of bitcoin. Looks super-bullish to me. Touching ~$10,000 later this week isn't looking impossible.

Basing on the fact that interests are haram in islam, He should not own Bitcoin or altcoins.

It seems like you really just wanna jump into a conversation with which you've no connection, a bit childish TBH.

Bitcoin and alts aren't "interests" in any way. In fact, after gold (and other metals), I'd say that these digital currencies (especially the Proof-of-Work ones) are more Islamic than anything else on the planet; they've "work done" behind their creation. The most haram thing is the "nothing-backed infinite-supply paper-money". I'm still not sure how the governments have succeeded in convincing the Muslims that the valueless fiat they print is Halal.

Yeah let's not talk about the religion you are part of. I can't imagine why you wouldn't.

It's useless, mate. Over the internet posts/comments, nobody changes their opinion, especially on religions.

P.S. London consists of a lot of religions with healthy percentages. Islam isn't a very hostile religion there, AFAIK.

A mayor of your capital with a hostile religion means the culture is breaking down.

Would you like to answer any of the charges against your faith?

Why the need to try force someone into a subject he has already expressed not really wanting to engage here?

Because our culture is under attack by his. This is not a complicated idea. What is wrong with you?

Nothing. In fact I do despise Islam. But you are almost bullying Raja into engaging in a subject he has expressed he doesn't want or feel the need to. What is wrong with you?

He is a muslim. Islam is a worse ideology than nazism. It's almost as bad as communism.

Yet we do not bully communists or nazists to argue shit unless they come here continually spamming with their bullshit, do we?

Do you think I would hold back against them?

We have an actual muslim here, people know what he is all about, and he refuses to even talk about it. Pretend he was an actual nazi (instead of the actual muslim he is). Would you be defending him in the same way? If London had a nazi mayor, would that be just peachy with you?

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[Old Geek]

Hello WO. What a lovely day. We passed 9000 handily and have stayed mostly above for a nice amount of time.
I'm happy to see the progress. I managed to unravel my self-induced whiplash with the small down spike yesterday, so I'm back to all-in bitcoin again. Always want to end my day with BTC.

So, my question to you smart folks:

What caused us to push through so quickly?
A. Bitcoin in the news?
B. Mega Bears getting antsy?
C. Just because?
D. Or...?

Any thoughts you'd care to share?

[Theoak*]

Religion is the root of all evil. Every religion, no exceptions.

D_eddie is a real fuckup for giving you any merit for this nonsense statement.  Out of Christianity, Islam, and Judaism, both Islam and Judaism are TRIBAL in nature and view outsiders as the enemy that you should treat vastly different, lie to, steal from, or even kill.  You can't even view Judaism and Islam as religions at all because it's simply Nazism for kikes and arabs, and nobody considers Nazism for white people a religion.  

Christianity is the only all-inclusive religion out of all three of those, so the only thing that even qualifies as a religion out of that set in the first place.  You can even not bother to read any of Christianity and simply summarize it as the golden rule - do unto others as you would wish others do unto you.

Islamic countries are kept weak because the religion sets Muslim against Muslim over minor transgressions of the complex rules within Islam, and forbids critical thought so the contradictions in the Koran will not be questioned, this enables the religion to survive. This is achieved through death to apostates, un-believers who criticize the religion, and Muslims who ask questions. This avoidance of critical thought also discourages science and innovation which undermine Islam, and has led to poor development in Islamic countries.

[HI-TEC99]

Hello WO. What a lovely day. We passed 9000 handily and have stayed mostly above for a nice amount of time.
I'm happy to see the progress. I managed to unravel my self-induced whiplash with the small down spike yesterday, so I'm back to all-in bitcoin again. Always want to end my day with BTC.

So, my question to you smart folks:

What caused us to push through so quickly?
A. Bitcoin in the news?
B. Mega Bears getting antsy?
C. Just because?
D. Or...?

Any thoughts you'd care to share?

I'm not sure about this, but maybe because China unbans Bitcoin again.

https://bitcoinist.com/china-bitcoin-p2p-exchange-legal-lawyer/

I hate all the China bans and unbans because its happened so many times. However, I remember the last crypto winter ending when China unbanned it.

[realr0ach]

If London had a nazi mayor, would that be just peachy with you?

[kenzawak]

Watching TV and hearing about Bitcoin's pump while eating a pizza (Boom Bust on RT America)

[pereira4]

When boomers on twitter start celebrating how Bitcoin is dead

Another bullshit pereira4 post.  The vast majority of Zerohedge is anti-(((digital shitcoin))).  I'd estimate 70% against, 30% for.  It's not "HURR only stupid boomers don't like digital shitcoin scams because they can't understand it!". The Jewish occupied western governments dumped metals on the market to try and suppress the price make believing they have god-like power over the planet and can force everyone into digital slavery coins, so they wouldn't need to keep any around as reserve.

Countries like Canada have literally ZERO gold reserves.  ZERO.  The US claims they have 8000 tons, but from my estimates, the number is somewhere between 0 to 2000 tons max.  They did rig the silver market and acquire 1/3rd the silver on the entire planet as an emergency backup plan, though.  Anyway, the point is that allowing the Jewish occupied governments run by criminal bankers to foist digital currency scams on top of you IN LIEU of physical metals is just letting them off the hook when they should not be.  The plan is full rejection of digital shitcoin scams and all these IMF/BIS/and other Jew scum to be executed for their crimes.

The Zerohedge comment section is filled with computer illiterates which probably are posting from a Volkswagen Camper Westfalia in which they hoard their metals. They aren't qualified to talk about Bitcoin.

When you get your gold confiscated on every border you try to cross you will understand the benefits of digitalness.

[Old Geek]

I'm not sure about this, but maybe because China unbans Bitcoin again.

https://bitcoinist.com/china-bitcoin-p2p-exchange-legal-lawyer/

I hate all the China bans and unbans because its happened so many times. However, I remember the last crypto winter ending when China unbanned it.

Nice. Thanks. Wow! I remember in the 'old days' traders had to keep one eye on the china exchange just to KYA.

Right now on Boom Bust (RT America) :
snip...

Nice one kenzawak. Did not know about RT America.

So, China news, and more attention in the US news. All good.

[realr0ach]

The Zerohedge comment section is filled with computer illiterates which probably are posting from a Volkswagen Camper

Zerohedge far more represents the mainstream than this forum, and Zerohedge was roughly 70% anti-(((digital shitcoins))) in the last poll that was held there.  The synopsis of this forum is nothing more than scammers scamming scammers.

[Toxic2040]

the evening wall report

Fiat continues to dump into bitcoin in short chained pulses possibly signalling larger buyers are running out of normal OTC options and are having to resort to market buys. Regardless of how you choose to interpret the price action we closed the daily candle with a new yearly high of $9,477.70 coupled with strong volumes. Consolidation is likely in the $9.25k to $9.5k range as the assault on $10k begins.

#dyor
D

#stronghands'19

[pereira4]

The Zerohedge comment section is filled with computer illiterates which probably are posting from a Volkswagen Camper

Zerohedge far more represents the mainstream than this forum, and Zerohedge was roughly 70% anti-(((digital shitcoins))) in the last poll that was held there.  The synopsis of this forum is nothing more than scammers scamming scammers.

Zerohedge demographics, at least on the comment section, is middle aged to 60+ year olds... those with descendancy will eventually leave their gold to their kids, kids which will eventually diversify into Bitcoin. There's no stopping to this, r0ach, you can scream and shout all day if you want, but metal (and other assets) diversification into Bitcoin is coming and is coming in waves.

[Hueristic]

And the mayor of your biggest city is a muslim.

So what? AFAIK, Sadiq Khan has been doing a superb job for a while now. You can never completely eliminate all the crimes when your population is close to ten million.

So you have literally surrendered to Islam. Quite aside from the rape rings that have been going on for DECADES. That sort of thing doesn't happen for that long with cops who are afraid to be called racists without some very high level people involved. Your supposed leaders are traitors and the people are idiots.

Your point ain't making much sense to me. Mayors are elected to make the overall infrastructure better, which includes the improvement of the system of transport, housing, policing, etc. If a Muslim mayor is able to handle all this in a good manner, why the hell should anything else (including religion) even matter?

You can never trust a muslim, the koran gives them the right to lie and manipulate any and all infidels in order to promote islam.

All "Holy Books" Give the true believers permission to kill Infidels. that is the form they use to control the sheeple and the only reason for their existence.

[Torque]

Fiat continues to dump into bitcoin in short chained pulses possibly signalling larger buyers are running out of normal OTC options and are having to resort to market buys.

Having to buy on the market exchanges just like retail Mom and Pop, oh the horror!

[smartcomet]

https://twitter.com/hansthered/status/1140279094577209344

3.
When we start entering the next bubble, you'll see a pattern like this. That's when you need to pay close attention. This is where retail rushes in to buy the long-term HODLer and whale bags.

[Hueristic]

Oh it’s proof that the UK is going to the hounds. I took the photo in Trafalgar Square a couple hours ago.  It’s two green men holding hands. Even the pope would be upset.

OK, I have to admit that is one of the moist RETARDED things I have ever seen.

The solitary “green man”, who has been featured on UK traffic lights since 1969, has now been joined by a male partner or replaced with two green women holding hands.

https://www.express.co.uk/news/uk/706789/Gay-traffic-lights-leave-pedestrians-confused-Trafalgar-Square

[GreatArkansas]

Fiat continues to dump into bitcoin in short chained pulses possibly signalling larger buyers are running out of normal OTC options and are having to resort to market buys.

Having to buy on the market exchanges just like retail Mom and Pop, oh the horror!

The volume is too good now, maybe this volume comes from the FOMO ppl?
$9,000 support is getting strong now, yesterday some red wick tried to break below $9,000 but they didn't.

@Toxic2040, how about 1hour chart timeframe?

[Hueristic]

Greetings fellow Wall Observers.

I found myself with some extra cash, and want to get more bitcoin with it. My problem is for a couple days now I think “I’ll just wait for a dip”,.. but nothing considerable ever comes, even on Sunday. I was hoping for $7,800, then $8,200, then $8,800

Now I’m starting to feel like I should just FOMO buy. However, in the past whenever I’ve done that, the dip happens right after I buy.

So

It doesn’t seem like I should wait much longer, but should I? What is a good target price I should try to buy at? Today? Tomorrow? Help? Thanks in advance 

Well if its gong to dip right after you buy, I'd say hold off till about 150k.

[jojo69]

LOL, what sort of statement was that. Just had a look at his tweet regarding a knife and can't defend Khan in that one.

Feeling you man, I don't even recognize the white collar world he must live in...how the fuck are we supposed to do our jobs?

And you know, they ban knives, motherfuckers going to start killing each other with hammers, not sure how we are going to build houses or straighten fenders without hammers.

[Hueristic]

LOL, what sort of statement was that. Just had a look at his tweet regarding a knife and can't defend Khan in that one.

Feeling you man, I don't even recognize the white collar world he must live in...how the fuck are we supposed to do our jobs?

And you know, they ban knives, motherfuckers going to start killing each other with hammers, not sure how we are going to build houses or straighten fenders without hammers.

I generally have very long and sharp screwdrivers about in my vehicles, completely legal and easy to replace as well.

[realr0ach]

Zerohedge demographics, at least on the comment section, is middle aged to 60+ year olds... those with descendancy will eventually leave their gold to their kids, kids which will eventually diversify into Bitcoin.

You can lie to yourself and everyone else all you want, it won't help.  Bitcoin has zero fundamentals due to transaction validators being designed to centralize, so it's a non-fungible, permissioned ledger, govt tracking system that abolishes the 5th amendment.  Then the Lightning Network is another scam recreation of the already existing banking system, but even while being a scam to bait and switch everyone into the same banking system as before where every single transaction is routed through a bank, inherits the base layer scaling problems and doesn't even scale enough to onboard people dumb enough to sign up for it.

There is nothing whatsoever 'inevitable' about the entire planet tripping over their own feet to sign up for such garbage.  Even if it had good fundamentals - it doesn't - the world could still completely ignore or boycott it anyway. You're just another garbage millenial who was spamming bullshit like "HURR ETHEREUM WORLD COMPUTER" a few months ago until the bottom fell out of that scam and now you've moved to a new scam.  In the end, the only thing that actually matters is fundamentals, and metals have them all while imaginary, valueless, centralized, permissioned ledger shitcoins have zero.