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

[jbreher]

Observing top holder Coinbase buy/sell ratios:
btc: 33/67
eth: 35/65
ltc: 29/71

I have no idea what that even means.

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[realr0ach]

Stock boyz do own some coins, but the question is how much. Ive never held too much belief that Wall Street ever bought all that many coins but a recession will certainly put it to the test.

You would be wrong.  Everyone and their mom at Goldman Sachs was in this market in 2014.  I talked to an avalanche of them myself.  They were all asking me questions out the wazoo.  When Goldman Sachs was attempting to take over Poloniex, I always thought it might have something to do with covering up the tracks of their Eth + Ripple manipulation (upwards).

[Lambie Slayer]

Recession Party (recent ath's in stocks) explained by milf.

https://www.cnbc.com/video/2019/06/20/dimartino-booth-were-having-a-recession-party.html

[Cryptotourist]

I'd like to contribute to this wonderful encyclopaedia of HODL  

• You easily identify beatrolls and you are immune to their FUD and BS.
  
  

Some contribution there buddy.
Immune is good. Lying isn't.

Keep calm & have a beat-roll.

[fallinglantern]

Here's a neat chart I saw comparing the Yuan devaluation to BTCUSD

[Lambie Slayer]

Stock boyz do own some coins, but the question is how much. Ive never held too much belief that Wall Street ever bought all that many coins but a recession will certainly put it to the test.

You would be wrong.  Everyone and their mom at Goldman Sachs was in this market in 2014.  I talked to an avalanche of them myself.  They were all asking me questions out the wazoo.

Yes, its a mystery. Maybe the Wall Street bonus memes were real.

Time will tell. I suspect it was more the workers themselves investing with small personal funds rather than the institutions themselves actually investing in most cases. This would explain all the questions you got from banker friends and family at your Bar Mitzvah  

[realr0ach]

https://www.zerohedge.com/news/2019-08-04/snyder-china-extremely-angry-and-now-considers-united-states-be-enemy-1

I know they have Chinese state spies reading this forum.  If you really want to drop the hammer on the US, you only have to do one thing:  announce on Chinese state-run television that American media, banks, and govt are all fully controlled by Jews.

[Zaanda]

After selling at 13050 on the july 10 peak after following the advice of a few tradingview commentators,  I thought about buying back but noticed the same thing happening as the june 26 and july 10 peaks.

The alt coins have started to dump in the last couple of hours and bitcoin stays level, kept fed because all the alts are paired to the bitcoin.  selling off of the alt coins keeping bitcoin high for now.  Would not supprise me if bitcoin in turn drop again at the daily close or maybe tomorrow.   Looks very foolish from my view to buy here no matter what happens this week.

How do you figure that? BTC largely traded in USD, you think those markets are just going to sit there and not move because someone shitcoin lost a bit of value 

Bitcin is traded in USD, but as alt coins fall in value they are paired to bitcoin in most cases so the buying of bitcoin with alt coins keeps it artifically inflated, because there is less liquidity on the USD market because those coins are not being sold for USD.  That keeps the price inflated.
And it's not not just some shitcoin, it's most of the alt coins combined some 30%-40% of the total market cap of crypto. They will drop, bitcoin will go sideways, (while it is really deflating) then the big BTC will no longer be supported by these alt coins and a sell off will occur as the amount of bitcoin in bearish hands increases.  It has happened many times before, and looks like it is happening again.

[El duderino_]

https://usdsat.com/

Nice graph +1 WO-merit

You got same chart with a €-coin ?? 



Or with a Venezuelan bolivar?  

[El duderino_]

https://www.zerohedge.com/news/2019-08-04/snyder-china-extremely-angry-and-now-considers-united-states-be-enemy-1

I know they have Chinese state spies reading this forum.  If you really want to drop the hammer on the US, you only have to do one thing:  announce on Chinese state-run television that American media, banks, and govt are all fully controlled by Jews.

Many WO's and many BTC's have a problem with r0ach and try to get rid of it....... but Njet, sh*t is very sticky 

[El duderino_]

Off topic:

I tried the Impossible Whopper today at BK. You know the one with beyond meat. It tasted like shit.  

Sorry cows, but we arent gonna stop eating you anytime soon.

I worship no god but our Lord and Savior King BTCitcoin, but I will note in the Bible that as soon as Jesus was resurrected and reunited with his homies the desciples, he had one thing on his mind.....

King James Bible
"And while they yet believed not for joy, and wondered, he said unto them, Have ye here any meat?"

Meeeh them burgers is maybe 1% meat 

[realr0ach]

https://www.zerohedge.com/news/2019-08-05/watch-live-trump-delivers-statement-following-weekend-deadly-mass-shootings

Look at the comment section.  Every single one calls out the shooting as a false flag and Trump as a Jew puppet saying they do not give a flying shit what he says.  The Jewish occupied govt has zero authority over the goyim. Anything they say will be 100% ignored.  Get ready for total implosion of criminal, Jewish US govt when everyone calls out the emperor with no clothes for what it is.

[JayJuanGee]

Bitcoin is sailing for $15k soon. Good days are due.

I guess you believe in what Max Keiser tweet two days ago, otherwise I don't see any reason for this week $3000+ pump

I’m sensing #Bitcoin will cross $15,000 this week. Confidence in central governments, central banks, and centralized, fiat money is at a multi-decade low.

Personally I would put $15,000 a few weeks to a month and a half out. I figure we'll pop over last 13k high, have a bit of a dip hit 14k dip a bit and then push on through to 15,300.

I don't have ta or anything indicating but my past experiences with this coin and we'll that's be pretty decent enough for me to guess .

To me, such outline of a prediction sounds as reasonably plausible, if not more, as those which anyone else attempts.   I give your scenario about a 33.217% chance of happening, which is pretty damned high (I gotta throw out a number in case rjclarke reads this and might otherwise conclude I am laxing a bit too much).

[JayJuanGee]

After selling at 13050 on the july 10 peak after following the advice of a few tradingview commentators,  I thought about buying back but noticed the same thing happening as the june 26 and july 10 peaks.

The alt coins have started to dump in the last couple of hours and bitcoin stays level, kept fed because all the alts are paired to the bitcoin.   selling off of the alt coins keeping bitcoin high for now.  Would not supprise me if bitcoin in turn drop again at the daily close or maybe tomorrow.   Looks very foolish from my view to buy here no matter what happens this week.

Yeah.  It surely would be foolish for you to buy back in, and surely a 35% price drop was not enough, especially given how far BTC had come up in only 3 months (3.5x).  You gotta at minimum wait for 45% to 50% drop, and perhaps even more.  Surely you are doing the right thing.

I am quite confident that bitcoin does not punish traders like you.

[JayJuanGee]

Hmm... maybe I am getting soft. 

ftfy

hint at the proper engwish answer?  it's three letters, starts with a "y" and ends with a "s"

[VB1001]

Is China Loading Up On #Bitcoin As #Yuan Gets Crushed?

https://twitter.com/bitcoinist/status/1158336295535435782


Delphi Digital

The Perfect Storm for Bitcoin is Brewing.
Our team just released our Quarterly Macro Outlook, which digs deep into the key drivers behind Bitcoin’s long-term value proposition as a non-sovereign, digitally native store of value.

https://twitter.com/Delphi_Digital/status/1157654842225102848

[JayJuanGee]

Are my eyes deceiving me bitcoin did a hard pump last night. $11,700 seems alot closer to the $12,000 we had a month ago.

You are imagining it.

[JayJuanGee]

Off topic:

I tried the Impossible Whopper today at BK. You know the one with beyond meat. It tasted like shit.  

Sorry cows, but we arent gonna stop eating you anytime soon.

I worship no god but our Lord and Savior King BTCitcoin, but I will note in the Bible that as soon as Jesus was resurrected and reunited with his homies the desciples, he had one thing on his mind.....

King James Bible
"And while they yet believed not for joy, and wondered, he said unto them, Have ye here any meat?"

Meeeh them burgers is maybe 1% meat  

I thought that the whole point is that there is 0% meat in them.

Fucking gross, but surely appealing to certain types of bullshit progressive logic  that wants to deceive us into believe that not natural is better for us than what nature makes... go figure.

[LFC_Bitcoin]

SOON

[sirazimuth]

.....I ignored the obvious opportunity to castigate elementary english errors...

Dammit yogi,
your such a looser.....








......(Hopefully that quip won’t go whoooosh)