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

[Wekkel]

The Cat has been out of the Bag since a long time ago.
This won’t be stopped, only delayed (if they try).

Meanwhile, it seems to be sideways now for a little while. And who knows how Bitcoin USD price reacts should the stock market take a 2nd dive 

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[JimboToronto]

Good morning Bitcoinland.

What a ride... up by almost 2 grand, followed by a correction/profit-taking of about about a grand, and leveling out in the $88xx range... currently $8857USD/$12301CAD (Bitcoinaverage).

Looks like the $7xxx range is done for good and the battle for Vegeta has just begun.

Go Bitcoin go.

Is 7950 a good time to sell? And buy a rebound at about $7880?

Did you?

Lol i made a few trades and lost! I traded and ended up buying back in higher pretty much 2/3 times and gave up!

we call that daytarding

One good thing about tarders is that they're the rubes who keep the exchanges profitable.

Without the online exchanges it would be difficult to assign a fiat value to Bitcoin to use for OTC exchanges and international Bitcoin transfers. Remember when the only dollar value was 10k coins for a $25 pair of Papa Johns? It was Mtgox who actually established a dollar value for each bitcoin.

While I was never a daytarder, I was a sucker who helped line P.T. Barnum's Mark Karpeles' pockets, eventually to the tune of 50btc. If it wasn't for marks like me we wouldn't have accurate Bitcoin/fiat indexes (like the one I quote in my morning greetings) that allow us to buy and sell bitcoins off-exchange at accurate market prices.

[JayJuanGee]

Well, people laugh at bulls, but they are always prepared.

$9,237

The coffee is very good this morning.

This bull is starting to get nervous.  $1,600 in 24 hours is feeling like a bit much, and maybe there is an end of the month thing going on?

I am not complaining or changing anything that I usually do in terms of incrementalism, but still a bit nervous about such a quick (one day) 21.6% price appreciation, while at the same time, appreciating some bears getting reckt.

8K. today we will have battle

I also wasn't expecting this sudden upward move, I think it would be safer to consolidate 8K a few days, but Badger has these things.

Badger seems to do whatever he wants, and I suppose can see how far the down will go, and perhaps some consolidation or just purely resuming a bit more UP.  Either way, I personally appreciate putting an additional bit of cushion between current price and our most recent $3,850 local bottom.. and preferably, even if there is another liquidating event or even strong downturn in the macro environment (such as traditional equities), our little friend has some chances to not have to revisit sub $4k, perhaps?  Perhaps?

We kind of have to just see how some of these matters play out, and really there is no reason to NOT continue to believe that a decent percentage of value can still continue to gravitate into BTC in spite of many of the broader market uncertainties that seem to relate to both the ongoing questions regarding virus treatment(s)/testing and also getting the economy restarted in an atmosphere of such ongoing uncertainties around such virus issues.

[Wekkel]

I just noticed that BTCUSD is one of the preprogrammed tickets in the Standard iPhone 11 stocks app. We’re getting there 

[JayJuanGee]

maybe Lambie is actually that tart crumbs/notlambchop who used to haunt this place
would explain the endlessly repetitive, nearly funny but not actually, meaningless trolling

Exactly..

He just changed from posting bearish bullshit to posting bullish bullshit, and of course, we will be more receptive to the bullish bullshit - but it is still mostly nonsensical and distracting from substance bullshit.

[LFC_Bitcoin]

Transaction fees are up again aren’t they?

Bought some more corn to replace what I sent rdbase (and some more on too of that).

Average fees are currently 94 sat/byte

Still waiting 3 hours later for a confirmation when I sent some corn with a 68 sat/byte fee.

[Toxic2040]

maybe Lambie is actually that tart crumbs/notlambchop who used to haunt this place
would explain the endlessly repetitive, nearly funny but not actually, meaningless trolling

Exactly..

He just changed from posting bearish bullshit to posting bullish bullshit, and of course, we will be more receptive to the bullish bullshit - but it is still mostly nonsensical and distracting from substance bullshit.

Well..whatever it is..its an annoying little sprat.

---------



And for those of you having a hard time wrapping you head around covid-19 and how its not as deadly as the flu...

We dont quarantine the entire planet for the flu..yet this new disease is still killing the same or more with the entire globe on lock down.  Just think about that for a minute will you.

[Cryptotourist]

Of course, marcus summed it up much MOAR better than me, and just his time on the forum shows way more credibility than newbies devolving into baseless personal attacks that likely clutter way more information than they inform or contribute.

Sure it's possible - as it's also entirely possible - that the account has been sold.
Careful, I'm not saying that it has.

[jojo69]

[VB1001]

Transaction fees are up again aren’t they?

Bought some more corn to replace what I sent rdbase (and some more on too of that).

Average fees are currently 94 sat/byte

Still waiting 3 hours later for a confirmation when I sent some corn with a 68 sat/byte fee.

Here's a good monitor:

https://mempool.observer/#current-mempool

[Toxic2040]

Good morning troops


After a nice impulsive run up to $9,485.26 bitcoin had dropped back down under $9k and is currently looking for support in the $8.7k range. #dyor


1h


4h


D

#stronghands

[Raja_MBZ]

The ‘Great Lockdown’ Is Boosting Demand for Bitcoin Custody Solutions

https://www.coindesk.com/the-great-lockdown-boosting-demand-bitcoin-wallets

[Ibian]

And yet it is still a bad idea. We do not hide our faces in western cultures.

[Last of the V8s]

Guys I think we will be okay in the end.
Someone invented the drive through strip club.
So we are ok.

https://twitter.com/sdbcraig/status/1255662896039686145?s=20



Walter White is their first customer.

[VB1001]

#stronghands

Excellent graphics, it is a privilege to have you here.

[VB1001]

https://trends.google.es/trends/explore?date=all&q=bitcoin%20halving

bitcoin halving / parabolic mode

[Toxic2040]

#stronghands

Excellent graphics, it is a privilege to have you here.

[VB1001]

^
Ha. ha, you would have to hug many more, I'm sure many think the same.
thx.

[fillippone]

https://trends.google.es/trends/explore?date=all&q=bitcoin%20halving

bitcoin halving / parabolic mode

Two considerations:
1. More than the height of the graph it is interesting the "area" below the graph, this tells you haow much and for how long the halving has been relevant since a few months.
2. Mempool is "full" (well, it hasn't been so busy since July last year"): early signs of FOMO?

My body is ready.

[serveria.com]

^
Ha. ha, you would have to hug many more, I'm sure many think the same.
thx.

#nohomo