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

[serveria.com]

It’s been awhile since we had a nice pump like this.  Where you can just sit back and relax, and enjoy the scenery.  

What do you think will be a good support area to keep us a few days? 10,100?

12k 

[1713565707]

1713565707

[1713565707]

1713565707

[VB1001]

I don’t have any particular TA insights at the moment.  We are pretty much in the middle of the highway as far as I am concerned. We have risen quickly from near the bottom and have a lot of flexibility to go either up or down from here.  

The pace of the rise is bit on the fast side but not explosive.  Caution required if it suddenly goes parabolic.  

It’s been awhile since we had a nice pump like this.  Where you can just sit back and relax, and enjoy the scenery.  

What do you think will be a good support area to keep us a few days? 10,100?

seems like, right?

I agree with Hairy, this does not feel overly exuberant yet.

It’s been awhile since we had a nice pump like this.  Where you can just sit back and relax, and enjoy the scenery.  

What do you think will be a good support area to keep us a few days? 10,100?

12k  

$ 1,000 in a week, if you continue with this average, $45,000 by the end of the year.

[HairyMaclairy]

Nah.  No ATHs in 2020 imho.  

Not unless China starts to crack.  And no sign of that yet.  If the power goes out in Wuhan for a few days, then you should start to pay attention. 

[Millionero]

If this rip goes to $17k without faltering, I'ma short dat bitch.

[jojo69]

I mean yeah...if you zoom out...

fuck, if we front run the halvening this time around we could easily be in the 40s this summer

I don't really think we will, but it is certainly a possibility.

[HairyMaclairy]

Sure it’s possible. Which is why I don’t short bull markets. 

[dragonvslinux]

TA for the day for everyone else feeling bullish af 



Target for the bull flag is $10,570. Would publish this on trading view but too lazy 

[jojo69]

bull fag?

[HairyMaclairy]

You got my attention now.  Tell me more. 

[serveria.com]

I don’t have any particular TA insights at the moment.  We are pretty much in the middle of the highway as far as I am concerned. We have risen quickly from near the bottom and have a lot of flexibility to go either up or down from here.  

The pace of the rise is bit on the fast side but not explosive.  Caution required if it suddenly goes parabolic.  

It’s been awhile since we had a nice pump like this.  Where you can just sit back and relax, and enjoy the scenery.  

What do you think will be a good support area to keep us a few days? 10,100?

seems like, right?

I agree with Hairy, this does not feel overly exuberant yet.

It’s been awhile since we had a nice pump like this.  Where you can just sit back and relax, and enjoy the scenery.  

What do you think will be a good support area to keep us a few days? 10,100?

12k  

$ 1,000 in a week, if you continue with this average, $45,000 by the end of the year.

Forget about 1k. It's not possible even if we'll shoot up to 100k within weeks.

[Paashaas]

- Death toll from outbreak of coronavirus rises to 813 (surpassing the death toll of the SARS outbreak), 37,553 confirmed cases worldwide, 28,942 suspected cases, 6,196 in critical condition and 2,681 recovered.

- 6 new cases of coronavirus on cruise ship near Tokyo, raising ship's total to 70.

- 400m people under lockdown that’s larger than the entire US population! Turns busy Chinese cities into ghost towns.

- Singapore reports 7 new cases, 4 patients in the city-state are now in critical condition.

- Two new coronavirus cases in the UAE.

- Confirmed cases in Japan climbs to 90.

- 5 people who were diagnosed with coronavirus in France are all British nationals.

- 30 medical staff in Wuhan Mental Health Center were diagnosed with the virus.

- Thailand reports 7 new cases of coronavirus, raising country's total to 32.

- U.S. citizen dies of coronavirus in Wuhan.

- Royal Carribean Cruises has placed a ban on tourists with a Chinese, Hong Kong, or Macau passport as well as anyone who has been there in the past.

- Toyota and Honda extend China plant shutdowns over coronavirus.

- IPhone maker Foxconn tells employees at Shenzhen facility not to return to work until further notice.

- Steel, copper, gas producers have had shipments stalled as China's manufacturing activity slows due to virus outbreak.

- Patients who recover from coronavirus can get infected again.

[AlcoHoDL]

Bye bye 4, hello 5, on to 6 and beyond...

Proudly wearing my 5-digit hat, hope to not have to wear the old hat, which will be kept and preserved for historic reasons, to remember when BTC was really cheap at 4 digits...

Congrats to eddie13 on a well played game. We are all winners!

[UnDerDoG81]

- U.S. citizen dies of coronavirus in Wuhan.

Could start WWIII...

[Paashaas]

BSV nodes are accidentally connecting to BCH nodes.

Bitcoin SV (BSV) is a hard fork of Bitcoin Cash (BCH), and it seems that its architects did not change much. Bitcoin SV’s shoddy engineering allows for some BSV nodes to connect to BCH nodes when in safe mode.

The issue was brought to the attention of devs last week, and it was unfixed until recently. According to the comment on GitHub, the Bitcoin Cash blockchain is longer, which sometimes fools the Bitcoin SV node when in safe mode. It automatically enters safe mode when it finds a longer but invalid chain. The temporary solution now is to force-disable safe mode.

The issue underscores how similar BSV is to BCH—so similar that, apparently, even the nodes themselves sometimes struggle to tell the chains apart. The fact that the issue was allowed to persist for so long is also damning in its own right. Bitcoin SV has been live since November 2018, and only now this issue is being brought to light. Either the devs or doing a poor job or no one is paying attention to the actual architecture of Bitcoin SV.

[Phil_S]

Let's see if the badger "lifts" 10,000 with some meat.

BTCadger, did you like them?
I can bring you more if you go to 15,000.

You'll need a bigger boat!

[Lambie Slayer]

More video of CCP oppressing their people and sending Bitcoin to the moon.

https://twitter.com/howroute/status/1226398023913279490

[AlcoHoDL]

BSV nodes are accidentally connecting to BCH nodes.

Bitcoin SV (BSV) is a hard fork of Bitcoin Cash (BCH), and it seems that its architects did not change much. Bitcoin SV’s shoddy engineering allows for some BSV nodes to connect to BCH nodes when in safe mode.

The issue was brought to the attention of devs last week, and it was unfixed until recently. According to the comment on GitHub, the Bitcoin Cash blockchain is longer, which sometimes fools the Bitcoin SV node when in safe mode. It automatically enters safe mode when it finds a longer but invalid chain. The temporary solution now is to force-disable safe mode.

The issue underscores how similar BSV is to BCH—so similar that, apparently, even the nodes themselves sometimes struggle to tell the chains apart. The fact that the issue was allowed to persist for so long is also damning in its own right. Bitcoin SV has been live since November 2018, and only now this issue is being brought to light. Either the devs or doing a poor job or no one is paying attention to the actual architecture of Bitcoin SV.

That's exactly what I meant when I said in an earlier post that any changes to the protocol must be done gradually, robustly, and in a well thought out, carefully controlled, and thoroughly tested way.

It's OK actually, these are just the consequences of their arrogant, ego-driven actions. Let it all collapse upon them.

[Lambie Slayer]

"A new audio recording from Wuhan (received through encrypted channel, voices are disguised), claiming they’ve cremated 127 bodies just yesterday along. This is 30x official data. Need your help with translation. #coronavirus"

https://twitter.com/howroute/status/1226247756425170944

More translation is provided in the comments. Someone impersonated a central Chinese Government official and questioned a funeral home operator for details about their operation. Funeral home employee fell for the trick and spilled the beans. Brilliant. Bitcoin moon, RIP CCP.

edit: Here is a shorter clip of the video with translation.

https://twitter.com/htommy998/status/1226210668400930816

"- 11 burner 50 minutes/body
- two shifts each staff sleep 2-3h/day
- Gov requires body pick-up within 1.5 hours after death
- Estimate: this midsize crematorium cremates about 176 bodies/day. Hankou is larger."


"There are 6 crematoriums in Wuhan. Let’s use average 176 coronavirus death/day/crematorium.

176*6 =1056

Assume deaths in Wuhan counts 90% of total China’s coronavirus death/day

1056/90%= 1173

Assume it started a month

Total death =1173*30 = 35200"

[marcus_of_augustus]

https://gnews.org/miles-guo/

Miles Guo is saying 100% it is a bioweapon that was released by some faction or another inside the Chinese Communist Party. It was meant to be used as false flag to cover for a crackdown on Hong Kong but got out of control almost immediately and the plan backfired, they have opened Pandora's Box. Either the technology was immature, misunderstood (scientist fraudulently boasting they knew how to control it) or a vengeful act by the person on-the-ground releasing it to screw the instigating commanders. The earliest victims were actually 6 CCP staff of the Central Commission of Discipline Inspection who were interrogating the spouse of a suspect and she was infected, they all died and since then the CCP has been in panic mode. Factions within the CCP are in-fighting and vying for power, Shanghai versus Beijing and things are spiralling out of control!

https://gnews.org/107610/

There is evidence that many rich, connected people inside CCP had fore-knowledge of the event as they were selling and shorting stocks massively as early as Nov. 12 2019, including Li Ka-Shing.

[Lambie Slayer]

https://gnews.org/miles-guo/

Miles Guo is saying 100% it is a bioweapon that was released by some faction or another inside the Chinese Communist Party. It was meant to be used as false flag to cover for a crackdown on Hong Kong but got out of control almost immediately and the plan backfired, they have opened Pandora's Box. Either the technology was immature, misunderstood (scientist fraudulently boasting they knew how to control it) or a vengeful act by the person on-the-ground releasing it to screw the instigating commanders. The earliest victims were actually 6 CCP staff of the Central Commission of Discipline Inspection who were interrogating the spouse of a suspect and she was infected, they all died and since then the CCP has been in panic mode. Factions within the CCP are in-fighting and vying for power, Shanghai versus Beijing and things are spiralling out of control!

https://gnews.org/107610/

There is evidence that many rich, connected people inside CCP had fore-knowledge of the event as they were selling and shorting stocks massively as early as Nov. 12 2019, including Li Ka-Shing.

via Imgflip Meme Generator