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

[Last of the V8s]

The virus wrong-footed every person on the planet. Me, you, scientists and politicians. It exposed holes in our thinking, our powers of prediction, our coping methods and our very systems of control. All of us, all of you, all of them.

Uncertainty is a huge bitch, and there hasn't been any certainty around the virus at all. Way down the road, at a better time to evaluate all this, there will still be no way to be sure what even happened, let alone how well it got tackled.

And we might be too busy anyway:

[fillippone]

Gentlemen, fellow WO Gang members, bitcoiners:
Time to upgrade your nodes:

Bitcoin Core 0.20.0 was released!
It is available from bitcoincore.org/en/download/
Release mail: https://lists.linuxfoundation.org/pipermail/bitcoin-core-dev/2020-June/000091.html

https://twitter.com/bitcoincoreorg/status/1268139247627907072?s=21

[JSRAW]

Smart guy

https://twitter.com/MMcrypto/status/1267648885981425665/photo/1

[Last of the V8s]

It might not save us all. It will disrupt the fuck out of us.

I keep my major node at least 2 versions back. Who knows what shit these dweebs will pull this time.

[Cryptotourist]

Sweden admits they were wrong with their covidiotic approach: https://www.bloomberg.com/news/articles/2020-06-03/man-behind-sweden-s-virus-strategy-says-he-got-some-things-wrong 

Nope.
Also, bloom-fucking-berg?

https://www.thelocal.se/20200603/tegnell-heres-what-sweden-should-have-done-differently-to-fight-coronavirus

https://www.di.se/nyheter/1400-presstraff-med-tegnell-om-coronaviruset-se-direkt-i-di-tv/

Oh when, for crying out loud.

[ivomm]

I don’t know if anyone remembers this game/list.....

This first sad face on this list was 27-12-2017

Now two remaining able to win the prize

-20/02/2020 romneymoney
-18/12/2021 luckygenough56

The game was when we hit 24777$

Who are you guys betting on from this moment?

The first date is past, so romneymoney lost.

No, the date closest to the price ... see he still has a few months....

Ok, my bad, I don't remember the rules honestly. In this case romneymoney has around 8 months to win. I would bet, however, on luckygenough56.

[vapourminer]

I keep my major node at least 2 versions back. Who knows what shit these dweebs will pull this time.

17.1 here

runs fine

Bitcoin Core 0.20.0 was released!
It is available from bitcoincore.org/en/download/
Release mail: https://lists.linuxfoundation.org/pipermail/bitcoin-core-dev/2020-June/000091.html

[ivomm]

@JJG
I am totally gambling with my crypto investment. I’m way over invested, if it all goes to $0 I am still a partner in a business & can live comfortably on what that brings in though.

Bitcoin is my honey pot though, I could sell everything now & pull out a lot of fiat but I have bigger dreams, much bigger. It’s all worked out very well so far.

I trust in the process, end of 2021 = fireworks.

Same. Either it goes to Mars and I get rich, or it goes to $0 and my life stays the same. YOLO

An accountant friend tried telling me to take some profits. I know that's good advice. However, what am I going to do with non-life changing amounts of money? I can already afford to eat what I want, take vacations, whatever. So, I'll let it all ride.  

Here goes my last merit. This is absolutely my situation. #todamars

[serveria.com]

@JJG
I am totally gambling with my crypto investment. I’m way over invested, if it all goes to $0 I am still a partner in a business & can live comfortably on what that brings in though.

Bitcoin is my honey pot though, I could sell everything now & pull out a lot of fiat but I have bigger dreams, much bigger. It’s all worked out very well so far.

I trust in the process, end of 2021 = fireworks.

Same. Either it goes to Mars and I get rich, or it goes to $0 and my life stays the same. YOLO

An accountant friend tried telling me to take some profits. I know that's good advice. However, what am I going to do with non-life changing amounts of money? I can already afford to eat what I want, take vacations, whatever. So, I'll let it all ride.  

Here goes my last merit. This is absolutely my situation. #todamars

I've got your back (+1) 

[Karartma1]

I keep my major node at least 2 versions back. Who knows what shit these dweebs will pull this time.

17.1 here

runs fine

Bitcoin Core 0.20.0 was released!
It is available from bitcoincore.org/en/download/
Release mail: https://lists.linuxfoundation.org/pipermail/bitcoin-core-dev/2020-June/000091.html

unless there are some game changing fixes or improvements I would say 19.1 is very fine by me. Bitcoin Core is one those software I don't care to have always up-to-date

I don’t know if anyone remembers this game/list.....

This first sad face on this list was 27-12-2017

Now two remaining able to win the prize

-20/02/2020 romneymoney
-18/12/2021 luckygenough56

The game was when we hit 24777$

Who are you guys betting on from this moment?

The first date is past, so romneymoney lost.

No, the date closest to the price ... see he still has a few months....

Mic! The game! Those were good times! You should do another round

[Icygreen]

 Legend!! Protester on LA news.

"Unfortunately we live in a system where we cannot thrive, the macro solution is to opt out, to exit the system as a whole, the way we do that is buy Bitcoin"

 https://twitter.com/nlebowitz1/status/1268002667042934786
Alright, which one of you did this?
Probably voice over but still good.

[bkbirge]

Legend!! Protester on LA news.

"Unfortunately we live in a system where we cannot thrive, the macro solution is to opt out, to exit the system as a whole, the way we do that is buy Bitcoin"

 https://twitter.com/nlebowitz1/status/1268002667042934786
Alright, which one of you did this?
Probably voice over but still good.

That's awesome and merit worthy, will do so when I re-up.

[El duderino_]

I keep my major node at least 2 versions back. Who knows what shit these dweebs will pull this time.

17.1 here

runs fine

Bitcoin Core 0.20.0 was released!
It is available from bitcoincore.org/en/download/
Release mail: https://lists.linuxfoundation.org/pipermail/bitcoin-core-dev/2020-June/000091.html

unless there are some game changing fixes or improvements I would say 19.1 is very fine by me. Bitcoin Core is one those software I don't care to have always up-to-date

I don’t know if anyone remembers this game/list.....

This first sad face on this list was 27-12-2017

Now two remaining able to win the prize

-20/02/2020 romneymoney
-18/12/2021 luckygenough56

The game was when we hit 24777$

Who are you guys betting on from this moment?

The first date is past, so romneymoney lost.

No, the date closest to the price ... see he still has a few months....

Mic! The game! Those were good times! You should do another round

I think you have missed many many games

[cAPSLOCK]

The latest pump made clear that we ain't going down soon, it seems. So we're in some kind of truncated correction move sideways with the bias to the upside.

The latest dump can only mean more of them sideways correcting/truncating.

As indicated by others, it's still accumulation time.

Those waiting for sub $7,xxxx:

Sub 7k would indeed be quite a drop.  But is it possible?  Absolutely.



(Credit @davethewave for image)

Dropping to the well loved support levels of 6xxx in this giant triangle would not be impossible to see.  But the thing is, since we are seeing the miners selling both all mined coins AND inventory left behind ( https://cointelegraph.com/news/grayscale-is-now-buying-15-times-the-amount-of-bitcoin-being-mined ) it seems highly unlikely that we will see those levels again without some huge fundamental issue.  And if we do, I would not expect we would spend much time down there.  The market forces around bitcoin are colluding in a way that the longer we go, the more likely we break this triangle to the upside.

And when that happens?

I think then the topic of fees will become very hot again.

If I did not have a couple lightning nodes right now, I would be thinking about starting one.

[JayJuanGee]

link the tweet then phil, i double dare you   also strike out the 'than' ^ for English clarity's sake  

anyway, as to the content, not 'capitulating', but trading; hedging, regrouping etc


edit: nice brother. some people don't like their experiments in english being critiqued, i get it, but you have been most charming.

If anything, Italians are NOT not charming.  #nohomo



frequently, get very excited, too.

The latest pump made clear that we ain't going down soon, it seems. So we're in some kind of truncated correction move sideways with the bias to the upside.

The latest dump can only mean more of them sideways correcting/truncating.

As indicated by others, it's still accumulation time.

Those waiting for sub $7,xxxx:

If you're a no coiner that's one thing, but if you have a decent stash, wouldn't you keep some cash for a dip ?

Yep, exactly.  Personally, I believe that you should never run out of cash, and always be prepared to buy dips.

Problem comes when the dip keeps dipping, and much more difficult to NOT run out of cash in those keep dipping circumstances.

[Arriemoller]

Sweden admits they were wrong with their covidiotic approach: https://www.bloomberg.com/news/articles/2020-06-03/man-behind-sweden-s-virus-strategy-says-he-got-some-things-wrong 

That man, Tegnell, or doctor Tengele as some people call him, is slippery like an eel, he changes his mind constantly and somehow makes it sound like he was right all along.

[JayJuanGee]

I don’t know if anyone remembers this game/list.....

This first sad face on this list was 27-12-2017

Now two remaining able to win the prize

-20/02/2020 romneymoney
-18/12/2021 luckygenough56

The game was when we hit 24777$

Who are you guys betting on from this moment?

Surely, looks like the odds are slightly in favor of luckygenough56, but probably many of us would prefer romneymoney to win it.

Looks like the split date is around 1/18/21... so romney wins if BTC reaches that price before and lucky wins if after... something like that...

[infofront]

Okay.

[Karartma1]

@Mic dude
I know man, you have even changed your username and updated your hat! I feel like Ulysses coming back home: of course time goes by but I have deep roots.  

@info
She clearly doesn't belong there. Poor girl.

[Phil_S]