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

[600watt]

lol, some bounce. we need another $150 to go up to be above $10k.

obvoiusly this is your last chance to buy sub 10k. once it goes above, we will never see sub $10k again^TM

 

[HairyMaclairy]

<...>

When Legendary, HM?

I still need to get my mom to sign the permission form

[heslo]

So is this the bottom or just a dead cat bounce?

I think we've probably seen the worst... seems people got a bit over happy in the sell off

[VB1001]

<...>

When Legendary, HM?

I still need to get my mom to sign the permission form

Ok, study a little more this summer and your mom will give you the authorization.

[Saint-loup]

https://www.tradingview.com/chart/BTCUSD/3l1JOd99-Wedge/

The next 24 hours is extremely critical. Go down and say hello to $7.5k, we better jump up now.

edit: mini jump from 9.5k to 9.8k. I just bought before the jump another $100  

[JSRAW]

To keep up WO's Spirit up

[El duderino_]

Don’t mind the spirit of the true WO-members

Its always positive

[El duderino_]

The ongoing Argentine devaluation is heartbreaking:

100 Pesos

= 20.2 USD (Jan 2013)

= 14.2 USD (Jan 2014)

= 11.6 USD (Jan 2015)

= 7.5 USD (Jan 2016)

= 6.3 USD (Jan 2017)

= 5.2 USD (Jan 2018)

= 2.6 USD (Jan 2019)

= 1.7 USD (Now, Aug 2019)
https://twitter.com/matthuang/status/1161663210392436738?s=21

People Will realise....

[lightfoot]

An autopsy found that financier Jeffrey Epstein sustained multiple breaks in his neck bones, according to two people familiar with the findings, deepening the mystery about the circumstances around his death.
Among the bones broken in Epstein’s neck was the hyoid bone, which in men is near the Adam’s apple. Such breaks can occur in those who hang themselves, particularly if they are older, according to forensics experts and studies on the subject. But they are more common in victims of homicide by strangulation, the experts said.

They need to check Waze, there was probably a traffic jam outside his cell with various operatives trying to get in there to kill him.

Who strangled Epstein? Everybody.

[hd49728]

https://www.tradingview.com/chart/BTCUSD/3l1JOd99-Wedge/

The next 24 hours is extremely critical. Go down and say hello to $7.5k, we better jump up now.

edit: mini jump from 9.5k to 9.8k. I just bought before the jump another $100  

I feel more interesting with the horizontal line at $8000. When people panicly sell at the range of $8000, we might see the next dump to $7.5k, and that time we might see last chance to buy cheap bitcoin, this year. If it happens, next 10 weeks, someone still miss it, will have never have other chances to buy cheap bitcoin. When really big bull run starts, bitcoin will fastly break $20,000. Nevertheless, I don't think that bull run will happen sooner that middle of December this year.
For now, enjoy the bounce, just be careful.

[fillippone]

Time to hit F9, Gabor: negative yielding bonds just hit 16 Trillions USD.

‘Time for Plan ₿,’ Says VanEck Exec as Negative Yield Bonds Hit 27%

According to Deutsche Bank, 27% of global bonds traded are now negative yield, so expected to pay out less than their initial cost.

Negative yield bonds dwarf Bitcoin market cap

This represents $15 trillion worth of debt. Or as VanEck digital asset director, Gabor Gurbacs, commented Aug. 14, this is 75 times the total Bitcoin market cap.

“It’s time for Plan ₿!” he adds.

Whilst currently this phenomenon is limited to certain European countries and Japan, all eyes are on the U.S. Federal Reserve to see if it follows the trend.

Meanwhile, ex-chairman of the Fed, Alan Greenspan, told Bloomberg on Tuesday that there is no barrier to Treasury yields falling below zero. This prompted Bitcoin perma-bull, Max Keiser to tweet that “Bitcoin has no top because fiat has no bottom.”

[El duderino_]

10K closing in ...... 

[Saint-loup]

As The Largest Crypto Exchange Goes Offline, Bitcoin And Altcoins Crash To New August Lows

The cryptocurrency market lost around $25 billion today, as Bitcoin and all major large-cap altcoins plummeted heavily. This happened right after Binance, the world’s largest cryptocurrency exchange went down for scheduled maintenance.

Bitcoin, for once, broke below the $10,000 level in a heavy plunge upwards of 7% at the time of this writing.

Awkward Timing Once Again

All of this happened after Binance, the world’s largest cryptocurrency exchange, went off for a scheduled maintenance in order to perform a system update.

In any case, the maintenance was intended to go for 6-8 hours, which is a considerable amount of time during which deposits, withdrawals, and trading is halted.

As Cryptopotato reported in the past, scheduled maintenances of the kind are an excellent opportunity for Bitcoin price manipulations by whales. Traders don’t want to stay out of control only to find their positions forced liquidation at the time the exchange goes back up.

Moreover, there is also a possibility for serious arbitrage trading because of the severe price difference before and after Binance went offline.

https://cryptopotato.com/as-the-largest-crypto-exchange-goes-offline-bitcoin-and-altcoins-crash-to-new-august-lows/

https://www.binance.com/en/support/articles/360032315391

[El duderino_]

https://m.hln.be/geld/economie/beurzen-kleuren-rood-door-vrees-voor-recessie~ab5bc0ee/

Belgium news..... start talking about a probably recession and everything is turning red etc

Then I was Reading, suddenly they where writing that BTC also went down a bit from 12 to 9.7K
Questioning if BTC is a safe heaven or absolutely not.....

[VB1001]

On August 15, 1971, President Richard Nixon closed the gold window to foreign countries, meaning they no longer could exchange dollars for gold.

The Federal Reserve had printed so much money that there was
a run on gold at the Treasury by foreign central banks. (Americans at the time couldn't own gold thanks to a ban by Franklin Delano Rosevelt.)

The printing of money also caused accelerating price inflation in the United States that Nixon tried to battle. But instead of putting pressure on the Federal Reserve to stop printing money, on the same day he closed the gold window, he also imposed a wage and price freeze.

https://www.economicpolicyjournal.com/2018/08/this-week-in-economic-history-nixon.html

August 15, 1971 / Aug-15-2019

Lets go 10,000 BTCitcoin

[El duderino_]

9 9 7 7 bucks
Mothersday in Belgium now
So a day off here

[fillippone]

On August 15, 1971, President Richard Nixon closed the gold window to foreign countries, meaning they no longer could exchange dollars for gold.

The Federal Reserve had printed so much money that there was
a run on gold at the Treasury by foreign central banks. (Americans at the time couldn't own gold thanks to a ban by Franklin Delano Rosevelt.)

The printing of money also caused accelerating price inflation in the United States that Nixon tried to battle. But instead of putting pressure on the Federal Reserve to stop printing money, on the same day he closed the gold window, he also imposed a wage and price freeze.

https://www.economicpolicyjournal.com/2018/08/this-week-in-economic-history-nixon.html

August 15, 1971 / Aug-15-2019

Lets go 10,000 BTCitcoin

The day America Defaulted his obligations to the world.

[600watt]

never gonna see sub $10k prices again. 

 

[bakasabo]

never gonna see sub $10k prices again. 

 

You know how they say:

[btcbeliever]

never gonna see sub $10k prices again. 

 

I would be very happy it that were true.
I have a fraction of my btc hoard loaned out to celsius.network at 4.6% annual interest,
Paid weekly in btc
I sell it as soon as I get it, since I'm retired (thanks solely to btc).