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

[HairyMaclairy]

We are sitting near the top resistance line of the flag.  It has been awhile since we visited the support line of the flag around $9300.    At the current price we will break outwards and upwards from the flag before the end of September.   It is quite bullish to go sideways from here.  

[Last of the V8s]

what? you drunk again?

[Last of the V8s]

what? the dove drank your homework?

[BitcoinGirl.Club]

Why must I be surrounded by retarded, digital shitcoin scammers.

Yeah, you should not surrounded by BCH shitcoiners 🤪

[HairyMaclairy]

Doves gone drunk

[BitcoinGirl.Club]

Doves gone drunk

Pubs are going to lose business again. Christmas for Starbucks and Costa LOL

[HairyMaclairy]

WTF NOW IM ANGRY

[Dabs]

Of course you can mine "just 1 bitcoin".  It's called 'pool mining'.
... nobody would buy your $100k coin if they can mine one for $6k instead.  And mining is already too huge to increase by an order of magnitude or higher to buffer prices that elevated or it would use more power than the entire United States.

Have you tried it? Go ahead, pay $6k for just one bitcoin. It's the competitiveness of mining that requires huge capital outlay to even mine it at that price. That's why people are going to buy it at a higher price, because they'd rather not mine it. They'd rather get one and keep it, or get one and use it, but to be a miner is a different story. Miners will use up whatever power they can get and pay for. Power that eventually will go down in price and mining equipment that gets more efficient, even as the mining difficulty increases.

You can also try to pool mine, but I gather it's going to take a lot longer to get your 1 bitcoin, unless you have have a bunch of miners, either in your own space or hosted somewhere.

[jojo69]

It's like gold dredging or fishing, once you figure it all up it's cheaper at the store.

[rebal15]

wow



50% of Saudi production offline...

Saudi Arabia makes me 100% with Putin and 100% against the international politics of USA.
100% offline will make life in Venezuela better.

[DaRude]

Another thing, why do you think the network fees went nuts while the ATH was happening in 2017?

People were literally outbidding each other by paying more fees to send their coins faster to the exchanges so they could dump!

Umm for every sold coin, there is a coin that was bought. So 50% is people paying more fees to send their coins to exchange, and 50% of that is people paying more fees to take their coins from the exchange. Not your keys...

[rebal15]

Guaido seen with drug lords, Colombia confirms

[Danslip]

We are sitting near the top resistance line of the flag.  It has been awhile since we visited the support line of the flag around $9300.    At the current price we will break outwards and upwards from the flag before the end of September.   It is quite bullish to go sideways from here.  

A) Descending triangle
B) I expect a fake breakout soon
C) Whipsaws are loading...

P.S: Everyone will see a reaction of the France news on the BTC charts in a week. The technical analysis suggests the crypto traders waiting for the pullback before buying the expensive prices. I also want to see the recent effect of the Bitcoin traders after the news. Hope market will price the efforts of the bulls but the bears will not let the $10000 level go away after all these bloody resistance/support confrontations.

[Dabs]

teradactyl! ... or giant bird ... or something ... all these graphs make me see things like clouds in the sky.

[JayJuanGee]

Another member of the 2000+ merit gang

  

Congratulations JJG on attaining 2000 merits

edit: Wow!  He's also DT1
edit2: I'm not a stalker 

Thank you.

Funny how all these things work out. 

I would have never speculated regarding my activity level, either.  I am surprised that in the past 5 and a half years, I have spent more than 246 days online, and I have posted 17,474 times too (as I type).. this post will be 17,475...

Many of  my posts have NOT been one-liners, either - nor cat pictures (even though I have a few cat pictures in there, too).... 

hahahhahaha.

[xhomerx10]

WTF NOW IM ANGRY

 Well, caffeine is a stimulant.  How many have you had?!   

[Negotiation]

wow



50% of Saudi production offline...

What is the place @jojo69 i don't find them place fire is air attract destroy something?

[rdbase]

Ballet - The World’s First Multicurrency, Non-electronic Hardware Wallet.

Complete with scratch off private key.  Erm lol thanks Bobby Lee.  




https://www.kickstarter.com/projects/balletcrypto/ballet-cryptocurrency-hardware-wallet

Good Lord.

It's still early days gents.  Or maybe no one will EVER understand what the fuck bitcoin actually is.

This is like a cellphone with a rotary dial.

Except at least a cellphone with a rotary dial would be something you could trust to do what it is made to do.

I wouldn't trust this anywhere but in my trashcan.

Bobby Lee is either Lazy as hell or a scammer.  My SATs are on the latter, sorry.

Why not just get a complete digital device like a trezor or a ledger nano. Do we really need any more cards in our (physical ) wallets?
I didnt like the idea of this either. But some people have agreed it is all and good in a thread yesterday when it was announced to launch their product.
https://bitcointalk.org/index.php?topic=5184419
A 24k gold plated version? Can you say money/crypto cash grab

I see some people are really behind in getting one of these.
These special edition they are selling are as good as a solid gold toilet.
https://www.nytimes.com/2019/09/14/world/europe/golden-going-gone-18-karat-gold-toilet-is-stolen.html
The question is why have one?
Some one can still steal it from you if you lose your physical wallet.

[Raja_MBZ]

wow



50% of Saudi production offline...

What is the place @jojo69 i don't find them place fire is air attract destroy something?

It's Saudi Arabia:

Drone strikes knock out half of Saudi oil capacity, 5 million barrels a day

https://edition.cnn.com/2019/09/14/business/saudi-oil-output-impacted-drone-attack/index.html

...and they're already planning retaliation.

[soxxx]

The Bears are in for a surprise, we won't be going below $9000. We never went this long without finding a swing low in the last bull market, the low was July 17, almost 2 months ago.