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

[HairyMaclairy]

The other night I was out with a lady friend having a drink and a few snacks. Being the gentleman I am, I went to settle the bill. Small bars like this one, right in the middle of nowhere, often don't take credit cards with some excuse about the terminal being broken, so I asked.

(Me) Credit card OK?

(Bartender, mid 30s by his looks) Anything is OK, even bitcoin.

(Me) (Thinking he just said that to impress the stranger with the pretty friend) Are you serious?

(Bartender) Well we aren't set up for that yet, but it's happening soon, it's the future blah blah

Another customer overheard us and chimed in. I think he was a regular, like almost anyone in that place. Also mid 30s.

(Customer) I have a few bitcoins myself, have you heard about that guy blah blah (old story about someone who misplaced his old HD with thousands of coins)

First time I hear about bitcoin when paying in real life.

I was thoroughly impressed indeed.

Crap.  Sell everything boys. 

That was the top.

[HairyMaclairy]

It’s $11,275 and I have made it to having one foot on the floor.  The floor is cold. 

[HairyMaclairy]

$11,169.  Too cold.  Pulling the foot back under the covers and rolling over. 

[LFC_Bitcoin]

$11,169.  Too cold.  Pulling the foot back under the covers and rolling over. 

**Woke up to use the can, checks price....cool, over 11k again. Now back to sleep**

[Biodom]

Libra gets a nastygram.

It appears that these products [Libra/calibra] may lend themselves to an entirely new global financial system that is based off of Switzerland and intended to rival US monetary policy and the dollar...it is imperative that Facebook and its partners immediately cease implementing plans...

https://twitter.com/apompliano?lang=en

[infofront]

Poll results:


I haven't been very active, but am still around.

hodlsleep.jpg

[cmacwuz]

Why can't I vote in the fresh poll? Assuming it's because I'm a newbie... only reason I want old account back

Anyone bought btc with CashApp yet  (or know anyone who did) ?

[VB1001]

Good morning BTC +/- $11,300

[ivomm]

Good morning WO gang! Good to see 20% bounce took place during the night! Now the weak hands with floating-ready-to-sell bitcoins are gone, we are back on track for new AYH's.  Well played bulls, well played! This is 2017 style classic!

[VB1001]

Here's the on-chain volume profile for BTCUSD

Red = volume during bears
Green = volume during bulls

Volume bars units is BTC moving on-chain

Notice how few coins are changing hands on-chain in this cycle. I put this down to more HODL activity off-chain, and more lockup.

https://twitter.com/woonomic/status/1146071550946185217

[realr0ach]

https://i.imgur.com/5dQ7v69.jpg

Red = volume during bears
Green = volume during bulls

Volume bars units is BTC moving on-chain

Notice how few coins are changing hands on-chain in this cycle. I put this down to more HODL activity off-chain, and more lockup.

https://twitter.com/woonomic/status/1146071550946185217

That's good, it means there's a shit ton of dumpers ready to implode the price should it make any attempt to go up.

[jojo69]

https://www.youtube.com/watch?v=yaN8jxAFtDY

[cAPSLOCK]

THIS IS BTCITCOIN

She's cute, sure... but this looks more like bcash to me...

[Biodom]

Grain-of-Salt Dept: Twitter is calling for this run to top out around $17k.

I just report the news.

17k would be above 3X Mayer multiple if it happens soonish.
See his tweet of June 24
https://twitter.com/TraceMayer/status/1143059448786636800
possible, but what's the rush?

[realr0ach]

Kikes sure are having a hard time tricking the goyim into dying for them in Iran:

https://russia-insider.com/en/zionist-dwarf-ben-shapiro-exhorts-americans-attack-iran-gets-destroyed-comments-which-reflect-mood

[kenzawak]

Good morning everyone !
More than 1k in one night ?
Are we back in action or what ?

[mindrust]

Grain-of-Salt Dept: Twitter is calling for this run to top out around $17k.

I just report the news.

17k would be above 3X Mayer multiple if it happens soonish.
See his tweet of June 24
https://twitter.com/TraceMayer/status/1143059448786636800
possible, but what's the rush?

I don't want to be that guy but MM above 3 would be pretty alarming especially if you are going to enter from those prices.

On the other hand MM is just one indicator, yes it worked quite well till now and just because it was over 3 before the last bear market started doesn't mean it is going to be the same scenario again but still...

I guess in this case MM also agrees with those who say "we are going too fast"

[kenzawak]

CONGRESS FORMALLY REQUESTS HALT OF LIBRA DEVELOPMENT | FACEBOOK GETTING ZUCKED
https://sanfranciscotribe.com/Home/index.php/2019/07/03/congress-formally-requests-halt-of-libra-development-facebook-getting-zucked/
https://twitter.com/brucefenton/status/1146184692229693446

[toknormal]

CONGRESS FORMALLY REQUESTS HALT OF LIBRA DEVELOPMENT | FACEBOOK GETTING ZUCKED
https://sanfranciscotribe.com/Home/index.php/2019/07/03/congress-formally-requests-halt-of-libra-development-facebook-getting-zucked/
https://twitter.com/brucefenton/status/1146184692229693446

Looks completely fake. "Would you mind suspending your little project ?"

[bucciarati]

CONGRESS FORMALLY REQUESTS HALT OF LIBRA DEVELOPMENT | FACEBOOK GETTING ZUCKED
https://sanfranciscotribe.com/Home/index.php/2019/07/03/congress-formally-requests-halt-of-libra-development-facebook-getting-zucked/
https://twitter.com/brucefenton/status/1146184692229693446

Looks completely fake. "Would you mind suspending your little project ?"

maybe they only used a letterhead...