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

[bkbirge]

Dominos are starting to fall. Maybe next step we'll hear about player contracts negotiated in bitcoin.
https://cointelegraph.com/news/dallas-mavericks-become-second-nba-team-to-accept-bitcoin

[1713499449]

1713499449

[Paashaas]

Tick-Tock...

https://twitter.com/TheStalwart/status/1161579949180051457

[cAPSLOCK]

https://www.theblockcrypto.com/tiny/samsung-quietly-adds-support-for-bitcoin-to-its-blockchain-keystore/

This is big news.

When do they debut their ASICS I wonder?

BTW, I can't stand Mike Dudas or The Block.  Probably just me...  

[nutildah]

So you're saying BTC will never crack $13k again, and also cease trading entirely in early 2021? This is the dumbest chart I've ever seen, and I've seen a lot of dumb charts in my day.

Hi is just exercising with drawing lines on tradingview, or wait -  maybe shilling for some shitcoins?

We also know it will cease trading at nearly exactly $6100... and then poof, just disappear in February 2021, like magic. Like really, what else could this chart be inferring? Let's look at it again:



Every time these two SV knuckleheads post in here its just a reminder not to dabble in shitcoins. Apparently it has a profoundly negative effect on the brain.

[VB1001]

"Shit runs downhill", 2019 bull season edition.

I don't get it. Why do all lines converge at 1.00 on the "performance" axis? As was pointed out in a twitter comment beneath this tweet, "Shouldn’t this be normalized where all alts start at the same point to the left?"

Though its clear the majority of the coins are above the axis, meaning they have fallen relative to BTC, it gives a weird impression.

I can't answer you, most of the responses from the followers don't seem to understand the graph, the message is clear, ALTS down /  Bitcoin up, but apart from this, the graphic is fine for an abstract art gallery.

[VB1001]

Probably the author (and VB001) wanted to troll us.

Exactly, I am a troll disguised as WO.


Congrats, Mic, special celebration tonight...

edit:> Legendary celebration.

[fillippone]

Probably the author (and VB001) wanted to troll us.

Exactly, I am a troll disguised as WO.


Congrats, Mic, special celebration tonight...

WO Gang,
brace yourself.
Wall of food pics are coming.
Hopefully, only food and drink pics...

[LFC_Bitcoin]

Reached that one, next question was



.................

Finally

Fuck yes, congrats micman. Welcome to the club 
I’ve been trying to get to 1000 (earned) Merit’s for a long time too & today I finally achieved it. I know you have lots more but it took me ages to get to 1000 earned (2000).

Congrats once again brother.

[P_Shep]

Oh, I was hoping to see more urine.

Probably the author (and VB001) wanted to troll us.

Exactly, I am a troll disguised as WO.


Congrats, Mic, special celebration tonight...

WO Gang,
brace yourself.
Wall of food pics are coming.
Hopefully, only food and drink pics...

[btcbeliever]

we are around the midpoint of the last series of green candles starting about 2 weeks ago
so it's about time to start going up.
Will we reach 15000 within the next 2 months?

[zhekinsp]

Probably the author (and VB001) wanted to troll us.

Exactly, I am a troll disguised as WO.


Congrats, Mic, special celebration tonight...

WO Gang,
brace yourself.
Wall of food pics are coming.
Hopefully, only food and drink pics...

With pics of his GF as well or side chicks?!

[fillippone]

<snip>
I’ve been trying to get to 1000 (earned) Merit’s for a long time too & today I finally achieved it. I know you have lots more but it took me ages to get to 1000 earned (2000).

Congrats once again brother.

Whoa! Totally missed that mate!
Great achievement.
Not that you were in need to demonstrate anything (not your fault if you were already here when merits airdropped!) but getting 1000 merits means you kept up with the good work!

[jbreher]

I already responded both that your facts are not correct and also,

So you're asserting that the charts I posted links to contain fraudulent figures? Interesting. I don't believe your assertion is correct, so I will tentatively conclude that you are delusional on these additional matters of fact.

I'll be happy to rescind my conclusion of delusional, just as soon as you post links to credible evidence of corrected data.

... and even if you might be using some actual facts ... emphasizing facts (if true) in your favor

I know that at one time, in about late 2017, you and your buddy, PeterR were advocating 50/50 or some baloney like that

Nope. You misrememberate. I think Peter suggested just not divesting your other Bitcoins. For my part, I have divulged several times that I have several times the number of BCH, and of BSV, than I do of BTC, though the dollar value of my BTC exceeds the rest of my holdings. And no, I do not feel stupid about it. I fully expect total vindication upon the onset of Blockalypse II. Even if not, I am doing just fine, thankyouverymuch.

<<... deflection continues ...>>

Lest we forget which facts JJG asserted are incorrect:

From end of 2017 Feb to mid 2017 Jun, BTC dominance plunged from over 85% to below 40%.
https://coinmarketcap.com/charts/#dominance-percentage

The beginning of 2017 is when blocks started becoming persistently full.
https://bitinfocharts.com/comparison/bitcoin-size.html

The loss of dominance was due neither to BCH nor ICOs. 'Twas the Blockalypse. Or more precisely, Blockalypse I.

OK, actually only the first two were facts. The last paragraph was merely a rational conclusion based upon those preceding facts.

My dear bear, correlation does not equal causation

No argument there. However, correlation does form the basis of a rational causation hypothesis.

OTOH, your example was noncorrelation. Which is quite a bit further from equaling causation (i.e., in direct opposition from) than is correlation.

A crypto bull market will shrink Bitcoin market dominance

Speculation based upon facts not yet entered into evidence.

[jojo69]

Congratulations Mic, well earned...and welcome !

[jbreher]

I already responded both that your facts are not correct and also,

So you're asserting that the charts I posted links to contain fraudulent figures? Interesting. I don't believe your assertion is correct, so I will tentatively conclude that you are delusional on these additional matters of fact.

I'll be happy to rescind my conclusion of delusional, just as soon as you post links to credible evidence of corrected data.

... and even if you might be using some actual facts ... emphasizing facts (if true) in your favor

I know that at one time, in about late 2017, you and your buddy, PeterR were advocating 50/50 or some baloney like that

Nope. You misrememberate. I think Peter suggested just not divesting your other Bitcoins. For my part, I have divulged several times that I have several times the number of BCH, and of BSV, than I do of BTC, though the dollar value of my BTC exceeds the rest of my holdings. And no, I do not feel stupid about it. I fully expect total vindication upon the onset of Blockalypse II. Even if not, I am doing just fine, thankyouverymuch.

<<... deflection continues ...>>

Lest we forget which facts JJG asserted are incorrect:

From end of 2017 Feb to mid 2017 Jun, BTC dominance plunged from over 85% to below 40%.
https://coinmarketcap.com/charts/#dominance-percentage

The beginning of 2017 is when blocks started becoming persistently full.
https://bitinfocharts.com/comparison/bitcoin-size.html

The loss of dominance was due neither to BCH nor ICOs. 'Twas the Blockalypse. Or more precisely, Blockalypse I.

OK, actually only the first two were facts. The last paragraph was merely a rational conclusion based upon those preceding facts.

Who gives any shits about  your attempts to describe bitcoin as broken with a bunch of made up bullshit, 

See, this is the salient point, JuniorJiggly: I am posting facts with links to supporting evidence, and you keep characterizing them as 'a bunch of made up bullshit'. You are being Deceitful, Dishonest, and Dissembling.

[jbreher]

And he is somewhat deluded into thinking that the possibility of a "blockapocallipse" is much higher than it really is...

You may wish to ponderate upon this trend line: https://www.blockchain.com/en/charts/avg-block-size?timespan=all

Has nothing to do with a "blockalypse" because the blockalyse never happened.

Blocks became full, Dominance plummeted. If you don't like the name Blockalypse I for this sorry state of affairs, then good for you. Stick your metaphorical fingers in your ears or bury your metaphorical head in the ground - your choice. For my part, I find it an apt and fitting description.

It simply means blocks are becoming increasingly full.

Exactly. And when they become persistently full once again?












Blockalypse II. Where the masses again abandon BTC for some other chain that actually allows one to quickly and inexpensively transfer value.

[jbreher]

https://www.theblockcrypto.com/tiny/samsung-quietly-adds-support-for-bitcoin-to-its-blockchain-keystore/

That's cool, I guess.

This bit puzzled me however:

The support, however, is limited to six devices - Galaxy S10e, S10, S10+, S10 5G, Note10, and the Note10+, and is restricted to seven countries - Canada, Germany, South Korea, Spain, Switzerland, the U.S., and the U.K.

What - if you replace your phone or move elsewhere, All Your Corn Are Belong To Samsung?

[VB1001]

https://bpip.org/profile.aspx?p=micgoossens

Many WO,s with good numbers here.

[Raja_MBZ]

Congratulations Mic!

I miss those days when I used to have more merit than you. It was something like 600 vs. only 300, now it's 899 vs. 2448.

Three things I'm absolutely sure of:

1. My death.
2. Bitcoin reaching $100k in the next five years.
3. I'll NOT beat Mic in terms of merit ever again.

[hd49728]

Gravity force shows its effects on price again. I still don't find reasons of recent drop. Are there any news released minutes ago?