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

[LFC_Bitcoin]

NEW VEGETA GAME

In case i win, i'll dedicate half of the price to mindrust (fees on my part).
It's official now.

EDIT: You meant tradingview, didn't you?

Yes mate -

And that’s a lovely touch btw

[Biodom]

Out of curiosity: where in the world is Waldo (Trace Mayer)?
Pomp is around , planB as well, even Tone Vays, but Trace is missing in action (at least on twitter).
Interesting...maybe sold too many puts on his bitcoin? He was always professing that trade (through LedgerX), which I find inane.
I wonder how many blockfi loans got liquidated as well...

[DaRude]

What do we think about the potential price direction this week, guys?

first down, then up, then down  

more pertinent important questions:

will equity markets stay open: I hope that US and UK will, I doubt that they would stay open in EU

will banks stay open: they should, or SHTF

will credit cards work: I am reasonably confident that they would

If all super leveraged speculators have been weeded out, BTC should stay stable while markets crash on Monday. Once leveraged speculators with funny money are gone, BTC uncorrelates from the market and only has one way to go 

[OutOfMemory]

NEW VEGETA GAME

In case i win, i'll dedicate half of the price to mindrust (fees on my part).
It's official now.

EDIT: You meant tradingview, didn't you?

Yes mate -

Aaah, Bitstamp's "Tradeview".
Thanks 
I would have done it wrong, probably.

And that’s a lovely touch btw #nohomo

CX'd

[BitcoinGirl.Club]

Klopp is my man! Watch this: https://youtu.be/5CRxyHU9Oxo?t=216

[LFC_Bitcoin]

@whale_alert
1,232 #BTC  (6,549,385 USD) transferred from unknown wallet to #Huobi
https://twitter.com/whale_alert/status/1239282356403519489?s=21

[OutOfMemory]

When will the first asian stock markets open?
GMT, if possible.

Monday's gonna be interesting.

EDIT: Seems somebody is taking the opportunity to liquidate into (or out of?) a strong support zone.
Don't break support, will you?

[eddie13]

NEW VEGETA GAME








VEGETA GAME !!!!!!

$50 worth of BTC to one winner

0.018BTC prize for one winner

Right, we’ve been under $9,000 for quite a while now. I think it’s time to PLAY ANOTHER GAME !!!!!!!!

Ok, this time I’m going to be clear on two rules -

1.) When the price hits $9,000 on BITSTAMP you must post a Vegeta meme
2.) I also want a screenshot of the BTC price on TRADEVIEW from BITSTAMP to prove it’s hit $9,000

**If you post a meme but no TRADEVIEW screenshot - No win**

**You must post a Vegeta meme & the Bitstamp screenshot on TRADEVIEW so I can verify the time of your post against when the price hits $9,000**


Thanks & good luck!


Edit -

Increased prize amount - 0.018BTC to the winner.

Rules will be more strict this time (only one winner).
I’ll be more strict on checking the exact first trade at $9,000 this time.


THE PRICE SCREENSHOT MUST BE FROM STAMP’S TRADEVIEW (as fillippone advised last time) SO I CAN VERIFY IT PROPERLY (eliminates photoshop cheating)

So 1st person to post Vegeta Meme + Stamp tradeview screenshot clearly showing 9k or over 9k = 0.018 btc win

Nice..

https://www.bitstamp.net/market/tradeview/

Quoting for preparation..

[Phil_S]

What do we think about the potential price direction this week, guys?

Until the dust clears up a little bit, I think it's useless to even think about it... We're in uncharted waters.

[BitcoinGirl.Club]

NEW VEGETA GAME








VEGETA GAME !!!!!!

$50 worth of BTC to one winner

0.018BTC prize for one winner

Right, we’ve been under $9,000 for quite a while now. I think it’s time to PLAY ANOTHER GAME !!!!!!!!

Ok, this time I’m going to be clear on two rules -

1.) When the price hits $9,000 on BITSTAMP you must post a Vegeta meme
2.) I also want a screenshot of the BTC price on TRADEVIEW from BITSTAMP to prove it’s hit $9,000

**If you post a meme but no TRADEVIEW screenshot - No win**

**You must post a Vegeta meme & the Bitstamp screenshot on TRADEVIEW so I can verify the time of your post against when the price hits $9,000**


Thanks & good luck!


Edit -

Increased prize amount - 0.018BTC to the winner.

Rules will be more strict this time (only one winner).
I’ll be more strict on checking the exact first trade at $9,000 this time.


THE PRICE SCREENSHOT MUST BE FROM STAMP’S TRADEVIEW (as fillippone advised last time) SO I CAN VERIFY IT PROPERLY (eliminates photoshop cheating)

Nice..

Trust me we all go crazy LOL

[fillippone]

Fed Cuts Main Interest Rate to Near Zero, to Boost Assets by $700 Billion

The Federal Reserve on Sunday cut its benchmark rate by a full percentage point to near zero and will boost its bond holdings by $700 billion to cushion the U.S. economy from the coronavirus outbreak.

The central bank also announced several other actions, including letting banks borrow from the discount window for as long as 90 days and reducing reserve requirement ratios to zero percent. The Fed, along with other major central banks, also lowered the rate on standing U.S. dollar liquidity swap arrangements by 25 basis points.

The Fed will keep interest rates near zero “until it is confident that the economy has weathered recent events and is on track to achieve its maximum employment and price stability goals,” the Federal Open Market Committee said in a statement. “This action will help support economic activity, strong labor market conditions, and inflation returning to the Committee’s symmetric 2% objective.”

More QE
More USD
1BTC=1BTC (bite me!)
BTCUSD bullish.

[fillippone]

1.) When the price hits $9,000 on BITSTAMP you must post a Vegeta meme
2.) I also want a screenshot of the BTC price on TRADEVIEW from BITSTAMP to prove it’s hit $9,000

Just because my English is broken:
this means 9,000 isenoug to  consider it "hit"?

Code:

if BTCUSD@STAMP>=9,000
then
screen grab and attachittothecarefullyprecraftedmessageandpostitimmediatelyontheWO

[OutOfMemory]

1.) When the price hits $9,000 on BITSTAMP you must post a Vegeta meme
2.) I also want a screenshot of the BTC price on TRADEVIEW from BITSTAMP to prove it’s hit $9,000

Just because my English is broken:
this means 9,000 isenoug to  consider it "hit"?

Code:

if BTCUSD@STAMP>=9,000
then
screen grab and attachittothecarefullyprecraftedmessageandpostitimmediatelyontheWO

I assume yes, because last time it was clearly "over $9k" and there was some confusion.

[LFC_Bitcoin]

1.) When the price hits $9,000 on BITSTAMP you must post a Vegeta meme
2.) I also want a screenshot of the BTC price on TRADEVIEW from BITSTAMP to prove it’s hit $9,000

Just because my English is broken:
this means 9,000 isenoug to  consider it "hit"?

Code:

if BTCUSD@STAMP>=9,000
then
screen grab and attachittothecarefullyprecraftedmessageandpostitimmediatelyontheWO

Yeah!
Last time there were a few moans about me saying ‘over 9k’.

So 1st person to post Vegeta Meme + Stamp tradeview screenshot clearly showing 9k or over 9k = 0.018 btc win

[Biodom]

Fed Cuts Main Interest Rate to Near Zero, to Boost Assets by $700 Billion

The Federal Reserve on Sunday cut its benchmark rate by a full percentage point to near zero and will boost its bond holdings by $700 billion to cushion the U.S. economy from the coronavirus outbreak.

The central bank also announced several other actions, including letting banks borrow from the discount window for as long as 90 days and reducing reserve requirement ratios to zero percent. The Fed, along with other major central banks, also lowered the rate on standing U.S. dollar liquidity swap arrangements by 25 basis points.

The Fed will keep interest rates near zero “until it is confident that the economy has weathered recent events and is on track to achieve its maximum employment and price stability goals,” the Federal Open Market Committee said in a statement. “This action will help support economic activity, strong labor market conditions, and inflation returning to the Committee’s symmetric 2% objective.”

More QE
More USD
1BTC=1BTC (bite me!)
BTCUSD bullish.

I was wondering why the screen light up in green few minutes ago.
Reducing reserve requirement to zero? Does it mean that bank can give unlimited loans when they have NO deposits?
That's a nice business to be in. Maybe I should re-fi my car loan or mortgage? They should give me 0%, right? /s

[Raja_MBZ]

It really feels like we're going to see a Bart back up again till $7000+.

[Majormax]

1.) When the price hits $9,000 on BITSTAMP you must post a Vegeta meme

..that's a heck of a long game. Hopefully one day in the distant future someone wins it !

[OutOfMemory]

Reducing reserve requirement to zero? Does it mean that bank can give unlimited loans when they have NO deposits?
That's a nice business to be in. Maybe I should re-fi my car loan or mortgage? They should give me 0%, right? /s

Yes, if you are customer of the fed, i guess. If not, it's up to the banks.
The EU central bank even had negative rates (2019 iirc), but the banks didn't pass that advantage to their end-customers.
So the banks made money by taking loans from the ECB, but the customers of the banks didn't get money for their loans.
Neither did they take money from depositors, maybe there were exceptions, but not that i'd know.

[Phil_S]

Someone in Tokyo woke up and started buying?

[OutOfMemory]

Someone in Tokyo woke up and started buying?

Same thoughts here...
Started with a drop to support level, almost immediately bounced.

EDIT: the perfect bull trap? we'll see... (Triangle lines were not adjusted since about 24h ago)