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

[VB1001]

https://twitter.com/Bitcoin/status/1164567907734392832

Exactly.

[1713957074]

1713957074

[1713957074]

1713957074

[vroom]

https://twitter.com/Bitcoin/status/1164567907734392832

Exactly.

someone has to post this on /r/btc

[fillippone]

https://twitter.com/Bitcoin/status/1164567907734392832

Exactly.

someone has to post this on /r/btc

What happened?
This is a Ver-controlled account isn’t it? Why are they posting this?

[STT]

I don't feel any extreme fear right now

Extreme fear is the depths of 2008 sell offs when it went way past any expectations, like sliding on black ice is how that should relate to.     Just gloom is neutral to negative and fairly normal, upsets around the world are unfortunate not abnormal overall.

[VB1001]

https://twitter.com/Bitcoin/status/1164567907734392832

Exactly.

someone has to post this on /r/btc

What happened?
This is a Ver-controlled account isn’t it? Why are they posting this?

Before > BCH



Now > BTC



Here a little info:

Apparently it's owned by instagibbs now, who I have a generally positive perception of as being trustworthy and pro-Bitcoin. (Though I don't know him well.)

There are several good things about this:
 - When BCH pretends to be Bitcoin, it's annoying and could cause confusion.
 - It's nice that @Bitcoin is controlled by someone who is more technical and lighthearted rather than some finance person who doesn't know what they're talking about and is just trying to collect suckers. I like the bio.
 - It was funny to see @Bitcoin trolling BCHers.

But I think that some Bitcoiners are still unconstructively vindictive about the whole BTC vs. BCH thing. It was settled years ago, and I'm content to let them thrive or (more likely) fail on their own. Expending any effort on it now is a waste of time, and could alienate some of them who are not totally lost. If it was me who'd gotten control of @Bitcoin, I probably also wouldn't be able to resist trolling the BCHers a bit, but after a while I'd ignore them near-completely and try to use the position to elevate the overall Twitter dialogue on Bitcoin. I hope that this is the direction instagibbs takes it.

Also, if there was any top-down meddling from Twitter here, then it leaves something of a stain on the whole thing. (I don't know why people subject themselves to Twitter, which has proven time and time again to be a terrible platform...)

https://twitter.com/theinstagibbs/status/1163837511287869441

[S3052_TheRealOne]

E X T R E M E  F E A R

https://alternative.me/crypto/fear-and-greed-index/

https://i.imgur.com/I6vC8zF.png

This indicator doesnt work imo, yeah social media/trends might be dipping, but thats just typical when the price is "boring".

I don't feel any extreme fear right now, I think if we went down below $9000 or $8000, then you will see real fear, but right now? not much at all. Broken indicator.

https://sludgefeed.com/cnbc-counter-trade-indicator-strikes-again/

Very often the sentiment indicators are a contrarian signal and price move into the opposite direction. But timing is often off so it can be risky to swim against the current too early...

[El duderino_]

The world is going cashless; that is inevitable.

The question is if you want your money to be numbers stored in databases with unlimited total supply that can be tampered with

or

numbers stored on an immutable public ledger with a limited total supply

Time for plan ₿

https://twitter.com/cryptobull/status/1164574486924070913?s=21

This is been said nice..... I go for plan BTC

[SuperTA]

http://shrani.si/f/3n/YJ/10sYmUpR/d1eb533a1eb81033cd641527.png

http://shrani.si/f/2n/sM/2NYTqwZD/936f88fce2acabcd8bbd8e82.png

Btc/Usd CME Chart

The first chart (4h) the yellow and the purple line didn't hold and now bitcoin has a second chance at the trendline. We are near the trendline area (white line). If the 4h candle closes and stays above the white trendline it will be a positive sign for a potential bounce to the upside.

The second chart (1d) the daily candle is near the trendline but currently bellow the yellow EMA line which indicates support if bitcoin is above the line and resistance if bitcoin is bellow the yellow line. Bitcoin is currently in between the white trendline and the yellow (currently resistance) line. If we close the daily candle above the yellow line it will be a good sign. If that happens, the next stop would be the purple line and after that the upper white trendline.

Bitcoin bounced at the yesterday's trendline. It even closed above the yellow line on the daily chart which is a good sign.
On the 4h chart bitcoin is currently testing the first short term resistance at the purple line. Charts from yesterday are quoted above.

[Ibian]

Easy solution: stop using banks.

Looks like that will have to happen. If I can start buying plane tickets with bitcoin then at this point all I need them for is to pay my cell phone bill. And my family can handle that from another account.

Can't you pay your phone bill with cash? I pay all my bills with cash.

I pay everything with cash including loading up my credit card which I only use for online purchases and travel, such as plane tickets, hotel rooms, etc. If you never owe them money, you never pay interest.

I don't have a bank account but I didn't need one to get a credit card. I also didn't have a credit rating. They sent me a card for filling out a questionnaire at the ballpark to get a free t-shirt. They've upped my credit limit 3 times already without me requesting an increase. Hopefully I'll never need it.

Go Bitcoin go.

Can't pay with cash from another continent. I would like to get a bankless card, but I don't know of any in Denmark.

[VB1001]

Amazon Cloud Outage Causing Major Issues at Some Crypto Exchanges

Problems with Amazon’s cloud service, AWS, are disrupting services at some cryptocurrency exchanges on Friday.

She also tweeted a screen grab, apparently of order book data from BitMax that a customer had posted in the exchange’s official Telegram channel. It suggests traders have been able to buy 45 bitcoin for less than $1 (in the tether stablecoin, USDT). The price of bitcoin at time of writing should be around $10,190, according to CoinDesk’s global average price index.

https://www.coindesk.com/amazon-cloud-outage-causing-major-issues-at-some-crypto-exchanges

Buy, damn, today is your lucky day.

[El duderino_]

Fasten Your Seatbelts



https://twitter.com/MustStopMurad/status/1164635621220073472?s=20

Don't look at me boys i'm strapped in for years already

[SuperTA]

My advice: I saw many the same patterns on twitter, where they called the same price movement. Too many people shared and re-tweeted and it always went the opposite direction or changed the pattern. So my advice is, if there is too many views and everyone is trading it, probably  won't happen and the pattern will change.

Besides that this pattern is suggesting that bitcoin will crash first before going up. This user posted new idea where he suggests going straight up so it doesn't match with his previous pattern.

[alevlaslo]

[El duderino_]

My advice: I saw many the same patterns on twitter, where they called the same price movement. Too many people shared and re-tweeted and it always went the opposite direction or changed the pattern. So my advice is, if there is too many views and everyone is trading it, probably  won't happen and the pattern will change.

Besides that this pattern is suggesting that bitcoin will crash first before going up. This user posted new idea where he suggests going straight up so it doesn't match with his previous pattern.

Don't look at me to much..... i'm the HOPIUM boy in here, if it suggest Bullish then I post it

But for TA I just don't put much attention anyway, cause most of the times (Always) I only see monkeys throwing darts ......

[SuperTA]

Well, well  

No wonder bitcoin made a bounce to the upside. CNBC bitcoin prediction (12 hours ago) says that bitcoin is bearish. But they made 80-90% wrong calls in 2019 and 2018. So...this news is kinda bullish lol

https://twitter.com/CNBCFastMoney/status/1164658891751378946

[Lucius]

Time for plan ₿

https://twitter.com/cryptobull/status/1164574486924070913?s=21

This is been said nice..... I go for plan BTC

I just hope some others will not think that plan BTC is that scam attempt in tweet comments. I agree that plan BTC is currently the only reasonable plan

[El duderino_]

Ow boys, I do love these moments..... This Sunday I will have a BBQ with a lot of NO-coiners, looking forward to it, and especially to start a subtile talk about the current BTC situation ....... ( I already know they all will say a really I haven't watch the price for a long time LOL)

[alevlaslo]

[Cryptotourist]

Kindly drag your pathetic ass to the relative thread alev.

I don't understand why I should have to read this idiotic - full of shit vision propaganda here. r0achie is more than enough.
BTW Aleksandr is a fucking moronic retard, he is free to suck CW's dick obviously, but honestly we don't need to know about it.

[ðºÞæ]

Kindly drag your pathetic ass to the relative thread alev.

I don't understand why I should have to read this idiotic - full of shit vision propaganda here. r0achie is more than enough.
BTW Aleksandr is a fucking moronic retard, he is free to suck CW's dick obviously, but honestly we don't need to know about it.

Well there is always the ignore option. Has worked flawlessly for years.
Regarding block size, LukeDash jr is working hard at decreasing it to 300k and effectively kill the BTC blockchain  to move forward with segwit only