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

[Phil_S]

"~10K is the new ~6K", but instead of breaking down it will hold and start grinding UP.

You heard it here first.

https://twitter.com/muststopmurad/status/1166160090417815553?s=21

Its feeling that way.... hope the Bulls are right

I'm starting to think we might stay at 10k for the rest of 2019, now that would be super-boring 4 months.

[sirazimuth]

And why do everyone here wear those stupid caps?

Correction, I’m the only one here wearing my stupid cap.
(Upsidedown ,but whatever....)

[xhomerx10]

And why do everyone here wear those stupid caps?

 The next 24 caps are critical.

[DaRude]

https://cointelegraph.com/news/craig-wright-kleiman-estate-will-now-dump-2-billion-in-bitcoin
I'm not sure it would be a big deal either way. I mean, if they have to raise $2 billion USD to pay an estate tax, that's roughly 20,000 btc at recent prices. According to: https://coinmarketcap.com/currencies/bitcoin/
Last 24 hour volume is: 1,557,163 BTC
20,000 BTC is a small fraction of that daily reported volume. So whether auctioned or dumped on the open market I guess it doesn't really matter.

Except...

CMC volume reports are %90 bogus.

The real 24h trade volume of BTC is only $1.2b which is ~120kBTC

Source: https://openmarketcap.com/

Sure, not small but certainly not enough to warrant the chicken littles running around in the crypto press.
Some reports recently claim volume of BTC is overblown by 95% on CMC:
https://www.crowdfundinsider.com/2019/03/145745-coinmarketcap-admits-it-has-data-accuracy-problems-regarding-crypto-exchange-reporting/

If that is true then that still leaves a daily volume of 77858 BTC
And 20,000 of that is 26% one day volume increase, not a small amount but also not something that would swamp the markets for more than a brief period.

That same report shows several exchanges that it does trust volume reporting on to be accurate, among them Coinbase, which just today has volume
https://data.bitcoinity.org/markets/volume/24h?c=e&t=b
… of ~10k BTC, so 20,000 BTC is 2 days worth of trading on Coinbase only.

Either way, these are numbers that can be absorbed easily by the market I think.

Left out a 0 there. Maths are hard

[Searing]

And why do everyone here wear those stupid caps?

Correction, I’m the only one here wearing my stupid cap.
(Upsidedown ,but whatever....)

I'm a bad......person.....I am not wearing my cap for about $20 a week on a signature campaign.....(not sure why, I must just be truely clueless and evil)

[bkbirge]

Left out a 0 there. Maths are hard

Yikes, yep 200,000 btc dumped on the market maybe is more substantive. If you knew my day job you all would be laughing even more.

[gentlemand]

Left out a 0 there. Maths are hard

0 is the only number that counts. None of these coins exist. I can't believe anyone's wasting their time doing sums regarding pure fiction.

[Fatman3001]

And why do everyone here wear those stupid caps?

Because it's cool. Do you think your black & white pic is cooler?  

yes

[Wilhelm]

Left out a 0 there. Maths are hard

Yikes, yep 200,000 btc dumped on the market maybe is more substantive. If you knew my day job you all would be laughing even more.
<snip>

Maths teacher 

[Ludwig Von]

And Dollar-Euro fiat marching towards parity, is there a peg marriage in the making?   Like a bromance Trump-Macron? (a bit Monty Python, I know)... .

[Toxic2040]

Water towers can fly.  

Successful 150m hop and landing..for the most part...good news.  Looked like a partial RUD right at or just after touchdown...seen what looked to be one of the COPVs detach and tumble to the ground.

WTG SpaceX





https://www.youtube.com/watch?v=bYb3bfA6_sQ

end of video @ +31 minutes

[DaRude]

Left out a 0 there. Maths are hard

0 is the only number that counts. None of these coins exist. I can't believe anyone's wasting their time doing sums regarding pure fiction.

Nothing is a true 0, i consider it a black swan event, and this black swan just got halved 

[Hueristic]

Tax are due as soon as Ira takes ownership.
Craig was the biggest and longest Hodler (1 million over 10 years)
Ira will dump the biggest load 2 seconds after receiving the BTC (he never had any interrest in bitcoin, only $$$)

Do you think there is anyone dumb in this thread enough to believe this shit?


This clickbait site is really getting on my nerves. I can't get them to stop spamming my inbox with this crap And the FUD is getting thick.

Craig Wright on court ruling: Kleiman could dump $2 billion worth of Bitcoin

https://cryptoslate.substack.com/p/recap-craig-wright-on-court-ruling

Isn't anyone else getting spammed by these pricks?

Make sure you never give them your email, I have no clue how they got mine!

New poll incoming.



86 of you are doing it wrong 

I didn't vote but if I was forced I would say BTC only because it is harder to come by than sex.

[Wilhelm]

Tax are due as soon as Ira takes ownership.
Craig was the biggest and longest Hodler (1 million over 10 years)
Ira will dump the biggest load 2 seconds after receiving the BTC (he never had any interrest in bitcoin, only $$$)

Do you think there is anyone dumb in this thread enough to believe this shit?


This clickbait site is really getting on my nerves. I can't get them to stop spamming my inbox with this crap And the FUD is getting thick.

Craig Wright on court ruling: Kleiman could dump $2 billion worth of Bitcoin

https://cryptoslate.substack.com/p/recap-craig-wright-on-court-ruling

Isn't anyone else getting spammed by these pricks?

Make sure you never give them your email, I have no clue how they got mine!

Let them do it in one swift market order so many can get dem cheap coinz....

[Hueristic]

WooooooW, have taken a WO-members virginity

It was indeed my first time, but he was gentle with me...

Great to meet you two too, it was a lovely evening - thanks to you both.  I am pretty sure it won't be the last time we get to catch up.

That was a real thoughtful gift, kudos.

[DaRude]

Who i'd prefer to have BTC1MM:

1-Me
2-Burner address
3-Hal, Andreas, some core devs... (people who deserve it)
...
7.530.000.000 - Faketoshi / BSV camp
7.530.000.001 - Ver and Bcash camp

[sirazimuth]

I didn't vote but if I was forced I would say BTC only because it is harder to come by than sex.

harder....come...sex

there's a really clever double pun joke in there somewhere but  alas...I couldn't find the damn thing...

[Hueristic]

I didn't vote but if I was forced I would say BTC only because it is harder to come by than sex.

harder....come...sex

there's a really clever double pun joke in there somewhere but  alas...I couldn't find the damn thing...

Can't get anything past U!

Let them do it in one swift market order so many can get dem cheap coinz....

Get them lowball offers ready boyz!

[gembitz]

mt gox coins offloaded yet? reeeee

[Biodom]

I posit that hodlers would probably do very well in a marshmallow test (when they were kids). I doubt that anyone here was tested, so....

The question is: who is the strongest btc hodler on WO?
Possible qualifications: never sold any bitcoin (holdling at least since the peak in 2013 or earlier) for fiat and/or alts and forks.
Direct purchasing of things is OK since without spending there would be no btc success story.
Come forward, tell the story and let us admire your persistence against all odds.