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

[fillippone]

Next year today the newly generated daily supply will be half of what it is now.

Would I go all in now? No.
But I didn't do it even when it was 5k or 4k.

Keep DCA'ing its on fire sale. %50 down from the ATH. Screams like "DCA me!"

aand 10590

where is this website? can you share the link please? war clock is amazing for this scope

thank you in advance

Babo asks, Fillippone provides:
https://www.bitcoinblockhalf.com/

[ivomm]

Come on, weak hands, continure to sell. You pave the way for a new ATH, just without you! I know pretty well their mentality: "(staring the chart 24/7) Jan-March. "I will wait for prices 2K".... May. "I will wait for 6k"... June. "It is over 13K, I should buy now. It is going to 20K"... One day later, still staring at the chart: It looks awful. I am doomed! I should cut my losses 25% below my investment, because there is no chance  to get near that price ever again".

So, my question for the n00bs is: what are the odds of not reaching 14K again especially after the halving, provided that we hit that price twice already - in 2017 and 2019? I would say pretty close to 100%. I just wonder how the weak hands always lose money joining in massive pumps that usually end bad with a sudden drop and then selling not 1 or 2% but 25-40% and even 84% below their investment point. With such mentality, poverty is knocking on their doors.
...

Regarding the current situation, I think bulls are waiting for the volume to normalize by shaking off the weak hands. This may take some time - from several days to several months. But first, there is a chance for a double bottom at 10300-10500 area and then - boom! A new bull run with series of AYH's. For now RSI shows oversold, and probably bears have no power to destroy this support. But even if they succeed,  I don't think that falling below 10K is bad, since the fools and weak hands will be completely removed and new investors with strong hands will come. I judge from my friends. Finally, they came to the conclusion to invest in Bitcoin and store it on HW, not on exchanges. They are hoping for prices like 6K, but I told them not to wait that much.  Only insane people will sell at 6k, seeing what happened this year.

[El duderino_]

via Imgflip Meme Generator

LoL

[LFC_Bitcoin]

I like cheap coins but I won’t be all that happy if we go below $10,000. Who the fuck is selling at these prices?
Absolute pussy behaviour!

[supremnoob]

I like cheap coins but I won’t be all that happy if we go below $10,000. Who the fuck is selling at these prices?
Absolute pussy behaviour!

People bought in 3k range few months ago..

[Phil_S]

Have not hear the winner of Q2, probably will quote the requested post with an address I hope.... that been said, what a luckbox member he started at the WO and I think Phil_S boosted him up with merit so he could last minute participate, and know he won ..... nice story

Oh yeah, and I remember thinking he is wasting his vote by calling such crazy unrealistic 5-digit number!

[JimboToronto]

Good morning Bitcoinland. Happy Canada Day to all the other Canucks here.

Back down under $11k I see... currently $10620USD/$13920CAD (Bitcoinaverage).

At least we're still over $10k.

Who the fuck is selling at these prices?

Fools who would rather hold fiat currencies than Bitcoin.

Losers.

[RejectedBanana]

Think of 10k as thin ice.

We were above $10k only 85 days in the 2017-2018 bull run.

We've been above $10k only 11 days so far this year.

Bulls will tread lightly until they believe $10k can support their full weight for the next stampede.

Meanwhile, ain't nothing wrong with profit-grazing after a 4.44x rise from bottom.

Bears, meanwhile are desperately clawing at the fatty fat fish still taunting them just below the ice.

Let them eat snow.

[NeuroticFish]

Who the fuck is selling at these prices?

Fools who would rather hold fiat currencies than Bitcoin.

Losers.

The investors many are crying for. The investors that are calling 20% profit something already good enough to cash out, not mentioning the +200% since March...
You can't expect everybody have the vision and you can't expect them to care...

[Globb0]

As LoyceV didn't dig on Merit statistics

My script is still running, you'll get a WO-only version of my full Merit data analysis including graphs

Thanks for your efforts Loyce


Should give us a bit of fun discussion for a few days.

/G0

[HairyMaclairy]

https://twitter.com/_man_withnoname/status/1145697421734875137?s=21

[Globb0]

Bitcoin price hits $76,000 on Zimbabwe LocalBitcoins.

https://bitcoinist.com/bitcoin-price-hits-75000-on-zimbabwe-localbitcoins/

Looks like Bullshit to me.
A couple of guys want to SELL Bitcoin for 75,000 USD.
So what? I could sell 1 BTC for 1,000,000 USD, but this don't make BTC trading at those level.

Please correct me if I am wrong.

Do you think you could get out of the country will all them Dollah's?

Unlikely

[fillippone]

Bitcoin price hits $76,000 on Zimbabwe LocalBitcoins.

https://bitcoinist.com/bitcoin-price-hits-75000-on-zimbabwe-localbitcoins/

Looks like Bullshit to me.
A couple of guys want to SELL Bitcoin for 75,000 USD.
So what? I could sell 1 BTC for 1,000,000 USD, but this don't make BTC trading at those level.

Please correct me if I am wrong.

Do you think you could get out of the country will all them Dollah's?

Unlikely

I am saying there is plenty of people selling bitcoins for around 11,000 USD, so why pay 75,000 if you can buy BTC from them?

[kenzawak]

Why Is the Cryptocurrency Market so Volatile on the Weekends?

https://beincrypto.com/why-is-the-cryptocurrency-market-so-volatile-on-the-weekends/

"40 percent of Bitcoin’s price gains have occurred on the weekends since May. "

Fuck, it's only Monday.

[Globb0]

Because they are in Zimbabwe how will they send you 11k$

[VB1001]

Statistics for June, the data is closed on the last day of the month.

StrongHats & Hodl

[kenzawak]

^^ Cool to see the correlation between the activity here and the price.
Craziest thing is I just realized Bitcoin still managed to gain almost 3k in June... even after what happened in the past few days.

[fillippone]

Because they are in Zimbabwe how will they send you 11k$

I am looking at market in Zimbawe, Localbitcoin in Zimbawe: sellers in zimbawe for buyers in Zimbawe.

https://localbitcoins.com/country/ZW

[fillippone]

As LoyceV didn't dig on Merit statistics

My script is still running, you'll get a WO-only version of my full Merit data analysis including graphs

Thanks for your efforts Loyce


Should give us a bit of fun discussion for a few days.

/G0

Globbo fight for the top on the chart for net merit Givers!
BobLawblaw out of scale!

BOTTOM 20:
(net merit givers)

308	Globb0	298	680	-531
309	jbreher	220	667	-557
310	infofront	690	952	-607
311	LFC_Bitcoin	545	990	-717.5
312	bones261	175	995	-907.5
313	BobLawblaw	847	1813	-1389.5

   

[jbreher]

You are correct that this being a marketing blurb does not make it a fact.

What does make it a fact is the fact that it is -- indeed -- a fact.

Spit it out bear..what is this fact you squeak of?

Already stated upthread:

BSV is the Bitcoin that hews closest to the original Bitcoin protocol design.

Even supposing that it was true, which it is not, then who gives a shit about “original intentions”. 

You seem to be implying that the arbiter of what things are named is merely a popularity contest. I do not agree.

Your loosing it

I see what you did there.