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

[Toxic2040]

Falcon9 sixth booster reuse..successful launch and landing
first time for reuse of upper stage fairing halves
when launching and landing rockets becomes old hat...priceless


--------
#dyor
1h


Baaaarrrrrt!


4h

#stronghands

[cAPSLOCK]

Dumped some at $12387. Posting here so I can be laughed at later.

mindrust II

Looks kinda geniusy at the moment.

[cAPSLOCK]

RIP V.

Dammit Torque.  Why'd you hafta go and do THAT?!??!?

[serveria.com]

Over 12k again 

[Torque]

Astonishing:

Congratulations @federalreserve

https://twitter.com/NorthmanTrader/status/1295386196936462337?s=20

Gross. Hope the fed is happy with their purchases, which are actually mostly treasury bonds and assorted debt.  

I remember when Larry Ellison bought Lanai island of Hawaii and sank about $500 million into it.

Heartwarming to know he could now buy 24 more Lanais thanks to the fed.

The funny thing tho, buying back your company's stock is not prosperity. It's a ponzi. And it means things are getting progressively worse.

[rdbase]

RIP V.

Dammit Torque.  Why'd you hafta go and do THAT?!??!?

He gone and jinxed it.

At this point.. FTFD!
Just do this until we can Sha-zam-It back to $12.5k again

Good intro video for newbs who are wanting to enter into the trading boot camp.

Until then...
I'm going to do what my animal spirit does in times like this.

https://imgur.com/gallery/jD6cLyo

[Torque]

RIP V.

Dammit Torque.  Why'd you hafta go and do THAT?!??!?

I truly believe we won't see sub $9k again. So the meme had to die. 

[JimboToronto]

Good morning Bitcoinland.

I see we completed a full bart but we're still over $12k... currently $12038USD/$15866CAD (Bitcoinaverage).

The battle for $12k rages on.

Some days you earn 6 digits. Some days you lose 6 digits. Easy come easy go. No sweat.

Hodler doesn't panic. Future is bright. Life is good.

[aesma]

Will the corrections be coming?

There is always a correction. One was on August 2nd and another on August 10th. It could happen one right now or can happen after a week of additional growth.  It dont really matters . What does matters is, that price of Bitcoin is higher after every next correction. That means that we are in a bull market.




And it is funny to see that even after such Tesla growth Elon Musk is not the biggest gainer among the wealthiest 

In relative terms he is, he more than doubled his wealth, nobody comes close.

Outside of BTC hodlers I mean.

[gembitz]

Good morning Bitcoinland.

I see we completed a full bart but we're still over $12k... currently $12038USD/$15866CAD (Bitcoinaverage).

The battle for $12k rages on.

Some days you earn 6 digits. Some days you lose 6 digits. Easy come easy go. No sweat.

Hodler doesn't panic. Future is bright. Life is good.

gm sir! 20K when?  weeeeee

[LFC_Bitcoin]

Good morning Bitcoinland.

I see we completed a full bart but we're still over $12k... currently $12038USD/$15866CAD (Bitcoinaverage).

The battle for $12k rages on.

Some days you earn 6 digits. Some days you lose 6 digits. Easy come easy go. No sweat.

Hodler doesn't panic. Future is bright. Life is good.

Meh, HODLER not affected. Our time in the sun will come

[rdbase]

Good morning Bitcoinland.

I see we completed a full bart but we're still over $12k... currently $12038USD/$15866CAD (Bitcoinaverage).

The battle for $12k rages on.

Some days you earn 6 digits. Some days you lose 6 digits. Easy come easy go. No sweat.

Hodler doesn't panic. Future is bright. Life is good.

Meh, HODLER not affected. Our time in the sun will come

I dunno wha language they are talkin' but they say shitcoins so i am sold like the presidente of barstoolsports is on link.
https://youtu.be/UMZWrNbvg6Q

.. then it dumps a billion in a minute.

https://twitter.com/stoolpresidente/status/1295521678831890433
There are his link marines!

[Phil_S]

We only went from 11900 to 12400 and back.

Damn it Jimbo you Richie Rich.

[Indymoney]

We only went from 11900 to 12400 and back.

Damn it Jimbo you Richie Rich.

Good thing now we back on $12K surely going to stay on or up now time for some more good rise.

[JimboToronto]

We only went from 11900 to 12400 and back.

Damn it Jimbo you Richie Rich.

No, just comfortable. Where I live a million bucks barely buys you a modest house or smallish condo.

At this point I think you'd need 500 coins to be considered rich. I'm nowhere near that.

Lots of early adopters and miners who continue to hodl are quite rich though.
 
By the end of next year I'm hoping to be rich. By then anyone with double digits of bitcoins should be a millionaire and anyone with triple digits should be rich.

[ivomm]

[Phil_S]

Everyone's betting on the end of 2021.

Hopefully it will create a self-fulfilling prophecy.

[xhomerx10]

RIP V.

Dammit Torque.  Why'd you hafta go and do THAT?!??!?

 

[LFC_Bitcoin]

https://twitter.com/whale_alert/status/1295776421630160898?s=21

[philipma1957]

https://twitter.com/bigmagicdao/status/1295422797523509249?s=20
https://twitter.com/bigmagicdao/status/1295427366152368128?s=20
https://www.taiwannews.com.tw/en/news/3989041

heavy rain in China, hashrate dropping in Sichuan

bitcoin doesn't care, diff will retarget and it will still be the most secured asset on the planet

https://diff.cryptothis.com/


...

Latest Block:   644176  (27 minutes ago)
Current Pace:   106.9232%  (1073 / 1003.52 expected, 69.48 ahead)
Previous Difficulty:   16847561611550.27                            
Current Difficulty:   16947802333946.61                            
Next Difficulty:   between 17860258608729 and 18133699707126
Next Difficulty Change:   between +5.3839% and +6.9974%
Previous Retarget:   August 10, 2020 at 3:53 PM  (+0.5950%)
Next Retarget (earliest):   Sunday at 6:08 PM  (in 6d 2h 59m 24s)
Next Retarget (latest):   Sunday at 10:53 PM  (in 6d 7h 45m 1s)
Projected Epoch Length:   between 13d 2h 14m 38s and 13d 7h 0m 15s

so we are 69.48 blocks ahead of pace.

if flooding hurts hash rate in 1 day we will be under 60 blocks ahead of pace.

along with the 12300+ price miners such as myself will be smiling.

BTW if you pay attention I don't post here very much but i have been doing so for the last month or so.

Basically I really think we are going onward and upwards for a while.

And about 1 day later well 23 hours later.

https://diff.cryptothis.com/



Latest Block:   644295  (4 minutes ago)

Current Pace:   104.3672%  (1192 / 1142.12 expected, 49.88 ahead)

Previous Difficulty:   16847561611550.27                            
Current Difficulty:   16947802333946.61                            
Next Difficulty:   between 17568678518205 and 17698723435306
Next Difficulty Change:   between +3.6635% and +4.4308%
Previous Retarget:   August 10, 2020 at 3:53 PM  (+0.5950%)
Next Retarget (earliest):   Monday at 1:49 AM  (in 5d 11h 35m 11s)
Next Retarget (latest):   Monday at 4:10 AM  (in 5d 13h 56m 7s)
Projected Epoch Length:   between 13d 9h 56m 24s and 13d 12h 17m 20s

 
...

we dropped to 49 blocks ahead

or a 124 block day vs a 144 block day. so the floods helped to lower the diff.


BTW. I chart diff a lot for many reasons. One is to decide how fast to expand the farm.

I have found a few daily diff drops like this can act as a price drag. So if these downward block days stretch out for 3-5 days there will be downward price pressure.