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

[infofront]

A lot of stuff happened while I was sleeping it seems.  

I am leaving this here:

[img width=2

00]https://pbs.twimg.com/media/D9CBgZ0WkAEf__T.jpg:large[/img]
https://twitter.com/filbfilb/status/1139553128376877057

A sudden jump to $11k might be on its way right now. (...says filb filb)

The guy is a legend. Filbfilb masterrace. Maaterluc lost his mojo he is a common tradingview slut now.

The price might not hit $11k with this pump (yet) but there is an upwards leg happened indeed.

As I live and breath...

Fiiiilb filb!

The man.

The myth.

The legend.

Don't tell me I didn't warn ya.

The guy knows his shit. I guess I trust him more than my father now.

I agree. He's become my favorite analyst over the last year of so. Well, maybe tied with PlanB.  And of course he called the $20K top way before it happened, and called a ~$3K bottom well in advance too.

Hopefully filbfilb updates his logarithmic regression chart soon.

[AlcoHoDL]

☺$10,000+☺

To the Moon and BTCeyond!

It's about time you unleashed that one!

Yeah... Was looking fwd to it!

Next challenge: $100k!

[jojo69]

ahhhh, finally a little breather

hoooooooooooo

walk around the room, stretch a little

[asu]

A brief history of Bitcoin in 2017:

$8,000 - $10,000: 11 days
$10,000 - $12,000: 7 days
$12,000 - $14,000: 1 day
$14,000 - $16,000: 1 day
$16,000 - $18,000: 8 days

https://twitter.com/rhythmtrader/status/1141388608894640128

$10k-$20k took only 17days

[deepcolderwallet]

As for upside on digital shitcoins, as I've said a million times already, you cannot rig the price of Bitcoin to like $60k while cost of production is $3-6k.  People would never buy the $60k coins when they can just mine it for 1/10th the price.  

so.. the average person, who can barely run a computer, will buy asic(s), join a pool and setup a wallet (as many exchanges dont like miners paying direct to them, but maybe thats changed), and send the pool payouts to maybe an online wallet, maybe a hardware wallet, whatever. then send to an exchange.

and take the time to figure all that out from scratch (and probably make mistakes or get burned in the process) just to acquire some btc. when they can just join an exchange and buy it right now (yes at a premium vs a miners cost), no fuss no bother. quick and easy.

so yes many people will pay more, possibly a lot more, than the mining cost to acquire btc. after all they will still profit if the price goes up. miners will make more (at the time and expense of acquiring, setting up and maintaining asics and pools) but profit is profit.

Do you raise cattle and slaughter them for your family subsistence or do you just buy meat at the supermarket paying the chain costs and a premium?

[ivomm]

OMFG! I just woke up and saw the peak of 10915! Last night just before I went to bed, there was an epic wall battle on the good old finex. While stamp bid book was dangerously empty and the price started to plummet, a 600-ish BTC wall appeared on 9900 at finex. It was eaten by 100's pretty quickly. On stamp it was 9850-ish. Then another wall was put of 900 BTC. It was eaten in minutes. And then another 900 wall that started to be eaten by 100's and 200's sells, but after each sell it was replenished. This was the most epic fight to watch! I knew when I woke up there will be a pleasant surprise. But shooting to nearly 11K is beyond my expectations!  Go BTC, go!

[HairyMaclairy]

Welcome back $10,000.  We missed you.

[Biodom]

A brief history of Bitcoin in 2017:

$8,000 - $10,000: 11 days
$10,000 - $12,000: 7 days
$12,000 - $14,000: 1 day
$14,000 - $16,000: 1 day
$16,000 - $18,000: 8 days

https://twitter.com/rhythmtrader/status/1141388608894640128

$10k-$20k took only 17days

By comparison, in 2019

$8000 - $10000: 38 days (I like the fact that we are going fast, but so far slower than in 2017)
$10000 -$12000: ?

[Wekkel]

I just had to post this 

[infofront]

https://twitter.com/PeterLBrandt/status/1142271065936187392

[Wekkel]

https://i.imgur.com/hTRK8Eq.png

https://twitter.com/PeterLBrandt/status/1142271065936187392

Just wait until the Alts wake up 

[Syke]

Next challenge: $100k!

WO Page parity first.

[deepcolderwallet]

<-- MicG's 10k hat

Anybody want to help him out?  Pick one

How do I put my avatar in a cap?

[jojo69]

How do I put my avatar in a cap?

Submit a design to the plenary committee for submittal to comrade xhomerx.

[VB1001]

Good Morning BTC 10K

I'm happy for all the members, I had this ready for the 10,000, it's not a girl's ass, but it's also a good ass.

[elrippos friend]

Good Morning BTC 10K

I'm happy for all the members, I had this ready for the 10,000, it's not a girl's ass, but it's also a good ass.

I like that ass, especially with those two chargers ....mmmmmmmm...... 

[deepcolderwallet]

Well good morning Bitcoinland.

Another AYH over $9.9k, another healthy correction/retrace... currently $9772USD/$12900CAD (Bitcoinaverage).

All is well in Bitcoinland.

Go Bitcoin go.

I'm back!
Things smell the same since my 1+ year absence.
Is Jimbo still around?

Still alive and kicking.

Back from a winter in Mexico with my pretty Mexican GF and nice new bottom teeth. Gotta wait until next year for the top ones. One of the implants failed so I got another bone graft and will try again in November. Another summer without chomping apples and corn in the cob. Sigh.

How about you? Feeling better? Things going well?

Glad you're back.

Great to see you, man!

Back from a winter in Mexico with my pretty Mexican GF and nice new bottom teeth.

You loverboy!

One of the implants failed so I got another bone graft and will try again in November.

Hope it works fine!

How about you? Feeling better? Things going well?

Great, I've been doing some BTC/LTC trades meanwhile, made some more BTC, easy shot. I've been considering moving to Canada, but a small European country has seduced me, although I still think Canada is charming.

Great to see you around, I'm always waiting for your morning posting.

[deepcolderwallet]

I think Libra will be the most convenient stablecoin. With a BTC/Libra pair, you can easily use your BTC trading profits to order a taxi with uber/lyft, renew your Spotify subscription or book a hotel on booking.com. There is no need to sell your BTC for usd/euro and then withdraw from exchange to your bank account which takes what? 2-3 business days?

Libra is what all those shitcoins/tokens have tried to accomplish for 2-3 years now by making a crypto card that allows you to easily spent your crypto on goods and services. If it works well and is convenient to use it will make the lives of Bitcoiners easier, if you are willing to sacrifice some of your privacy.

...and only the Millennials, GenZ'ers, and other clueless pleebs will be willing.

Zuckerberg, is that you?

Nice to see you too Torque! Many people I've missed this year are still around!

[deepcolderwallet]

How do I put my avatar in a cap?

Submit a design to the plenary committee for submittal to comrade xhomerx.

[VB1001]

Bitcoin Average Dormancy
New Views of a Classic On-Chain Metric

https://medium.com/adaptivecapital/bitcoin-average-dormancy-28f88ea4c2ce