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

[DaRude]

I wonder how stupid you have to be to be buying SV right now....

Jihan and Roger might be running dry, nothing on the horizon except for BTC halfening which would take away from the bottom line at bitmain. Ayre/Faketoshi smell blood and circling around bcash like sharks. If they manage to crush bcash they might keep this up till BSV halfening.
All this while BTC is just sitting at the top watching two idiots fight each other. It's goingto be a good year for popcorn companies  

Faketoshi really thinks he can take down Bitcoin when he can't even take down Bitcoin Cash? He might have them today, but he will have to keep this up in order to sustain it.

If he backs out now he's guaranteed to get destroyed (Ayre probably made him sign his life away before saving his ass from the Aussie tax man), his only option is to continue this charade for as long as possible. If BTC doesn't moon to offset Bitmain's mining losses from halfening, BSV might be able to take down Bcash. POW coins are not cheap to keep at the top, halvening should relieve some pressure thus why Ayre is making a move now. Unless Faketoshi can prove he has the private keys, bitcoin has nothing to worry about (even then bitcoin will survive), sit back, relax and watch the idiots fight.

"Feeeeed me Roger!"  -Bcash "Feeeeed me Calvin!"  -BSv

[1714161065]

1714161065

[1714161065]

1714161065

[exstasie]

respectable daily...I'll take 3 more of those please

Fat volume too. I like what I see.

Bitfinex shorts up 73% in 24 hours.

Dip buying season, engage. Latest analysis here: https://bitcointalk.org/index.php?topic=5196072.msg53605841#msg53605841

[Yaplatu]

It's time to sell  

[Majormax]

I wonder how stupid you have to be to be buying SV right now....

A lot of buyers just chase price momentum, without any idea of what is really going on in the fundamentals. They often think they can get out in time, but when this sort of move ends, liquidity evaporates and the reversal will kill most of the price in short order.

The alts certainly seem to be running on momentum alone. It is fairly positive to see BTC moving steadily higher (indicating it is not just a rotation trade), but of course it would be unwise to chase this move.

When the reversal comes, it will of course take everything down, but there will then be a good indication of where the new support lies.

[TheJuice]

It's time to sell  

We've only just begun, young one.

[soxxx]

I wonder how stupid you have to be to be buying SV right now....

A lot of buyers just chase price momentum, without any idea of what is really going on in the fundamentals. They often think they can get out in time, but when this sort of move ends, liquidity evaporates and the reversal will kill most of the price in short order.

The alts certainly seem to be running on momentum alone. It is fairly positive to see BTC moving steadily higher (indicating it is not just a rotation trade), but of course it would be unwise to chase this move.

When the reversal comes, it will of course take everything down, but there will then be a good indication of where the new support lies.

I heard someone bought 1300 BTC SV on bittrex or something and ended up paying over $2000 for a single one. Stupid.

[marcus_of_augustus]

Can someone please have a word to Harry and Meghan about bitcoin??

https://www.telegraph.co.uk/royal-family/2020/01/14/duchess-sussex-moves-business-interests-delaware-us-corporate/

The Duchess of Sussex has moved her business to a US state used by the super-rich to protect their interests from scrutiny.

The Duchess’s company Frim Fram Inc was moved out of California in December and incorporated in Delaware, which tax experts suggest could be done to avoid being hit with tax liabilities in California.

Corporation filings seen by The Telegraph show that the move was made on New Year's Eve, while Meghan and her husband were taking a break in Canada, planning to quit their roles as ‘senior’ royals and become financially independent.

... and they can't even spell Flim Flam properly  

[jojo69]

sell then

I'm sure there is a thread for that somewhere, why don't you go find it, that's a good boy

[El duderino_]

It's time to sell  

Nobody is holding you, you’re in control of your own CORNs, that’s what it’s all about

[rdbase]

I wonder how stupid you have to be to be buying SV right now....

A lot of buyers just chase price momentum, without any idea of what is really going on in the fundamentals. They often think they can get out in time, but when this sort of move ends, liquidity evaporates and the reversal will kill most of the price in short order.

The alts certainly seem to be running on momentum alone. It is fairly positive to see BTC moving steadily higher (indicating it is not just a rotation trade), but of course it would be unwise to chase this move.

When the reversal comes, it will of course take everything down, but there will then be a good indication of where the new support lies.

I heard someone bought 1300 BTC SV on bittrex or something and ended up paying over $2000 for a single one. Stupid.

Then you might get a kick from this thread about B-SV vs BCH creators https://bitcointalk.org/index.php?topic=5211840.msg53418184#msg53418184
Twiddle dee and twiddle dumb.

sell then

I'm sure there is a thread for that somewhere, why don't you go find it, that's a good boy

That's it! Tell em where it's at Jo Jo!

[marcus_of_augustus]

.... bitcoin forks were most dangerous for the slippery slope of introducing former bitcoin maximalists to the temptations of shitcoins.

It's okay to be a lapsed maximalist, it was an evil scheme ... but you must confess and come back to the fold eventually.

[rdbase]

$8900 reached but didnt hold there very long.
Just $100 more to go.

You can do it CORN!

[LUCKMCFLY]

Well, the issue of sending large quantities via Lightning Network is already being resolved.

The #LightningNetwork's theoretical throughput exceeds that of any "next-gen" #blockchain and even payment systems like Visa or Alipay. We've reached an inflection point where decentralized systems can outperform centralized systems. ⚡️⛓️📈 #Bitcoin

Source: https://twitter.com/Excellion/status/1217240159076462592

[El duderino_]

... did anyone saw 1917 already

Where all the white women at, in 1917.

Was it good?

I have no clue. I was trying to make a joking post baiting SJWs.

Failed miserably, along with my call for Vegeta within "a few hours". Oh well.

Bad day for Bob. Frustrated getting the right polish on an audio project I'm working on, and angry with myself being lazy mixing in headphones in bed, when I really need to be working in my studio with proper monitors and a sub. Bleh.

Our days are shifting, nite bob!

Btw I will let you know on Thursday how it was

[El duderino_]

Into HODLsleep  ^#thedudeapprovesABIDES

[marcus_of_augustus]

https://cointelegraph.com/news/payments-giant-visa-acquires-fintech-firm-plaid-for-53-billion

Plaid also serves cryptocurrency wallet Abra, while cryptocurrency exchange Coinbase also uses the firm’s services to obtain customer’s banking information.
...
Visa has shown an active interest in innovations in the fintech sector. In October, Kelly said that the company is still in discussions with Facebook regarding Libra ...

VISA making moves on fintech to stay relevant, and some cryptos ... the writing is on the blockchain.

[heslo]

Btw ... did anyone saw 1917 already ?? I have to wait till Thursday but I’m so excited 

Brilliant film! Glad I saw it in theaters too, I'm sure you'll enjoy!

[Icygreen]

Another good morning! I see the western hemisphere has tied another one on while we slept. Good work!

Tet is 9 days away, this party has just begun its planning stages.  There will be full trains, buses, highways, rockets for the next 3 weeks round here. Hope you boys can keep up.  

[Icygreen]

124,946 bitcoin were just moved in a transaction.

That's ~$1,100,000,000 transfered for an $80 fee.

No government, bank or third party had to verify the transaction, nor could they have stopped it if they wanted to.

The true power of bitcoin. 🔥

https://twitter.com/Rhythmtrader/status/1217158459629674496

Probably Bitfinex or another exchange taking advantage of cheap fees.
https://www.blockchain.com/btc/tx/5deca6b2b21eb6bdd7fb5f0be4199d81a65193ac9066ec3579343b21b3eb7037

I'm sure the FED cannot print 1.1 billion for such a low cost.

[jupiter9]

We broke out of the 3 month channel but the volume shows that people aren't highly engaged at this moment. I don't expect going to the moon yet, maybe just a warm up