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

[Toxic2040]

morning charts
 

1h


4h

#stronghands

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[d_eddie]

don't know exactly where more demand is coming from? USD or EUR?

but if you watch the EUR price of BTC you should also observe the EUR/USD spot price a bit.

that is what i am doing. if € goes up vs the $, mostly bitcoin is going up also.  during most of the the 2017 bitcoin bullrun, the $ was on a slide down compared to other fiat currencies.

today the € reached $1.20 - so, more potential upside for btc
we should be close to btc ath by the time € reached $1.30

You think € will reach $1.30?? Holy shit I should get rid of my dollars...

Jump through hoops to brrrrr?
ECB slower than Fed
Almost sure it will




#haiku

[JayJuanGee]

Some nice upward movement here to start the day !

I wonder if Tesla/Robinhood is hurting BTC price though. So many (US mainly) people putting their fiat into stocks, especially Tesla, but also totally stupid things like bankrupt companies, surely that means they can't be putting money into BTC, what do you think ?

they printed so much, there is more than enough....

https://www.visualcapitalist.com/all-of-the-worlds-money-and-markets-in-one-visualization-2020/

We have the ethheads going crazy too, and currently talking about impending flippening,, again...

So yeah.. lots of crazy hype out there in the macrospaces that might continue to go UPpity or might come crashing down.

I continue to be content with my seemingly modest bitcoin gainz (and seemingly ongoing modest bitcoin price movements)...

Hopefully we are considering both the upside and the downside...  

Is bitcoin going to be able to hold its own through all of this ongoing volatility when it comes to possible UP and possible DOWN, and where do you want to be?  How much allocated in each of these various asset classes?

BCH just forking into next crap.

This is priceless coming from you hv_.
It implies the existence of a previously forked crap.

soft of hard - doesn't matter -

Oh, my.

The diptwat - aka hv_ , is merely speaking in tongues in terms of trying to suggest that BSV is bitcoin... You cannot take anything that he says at face value, that dweeb.  

[Karartma1]

Some nice upward movement here to start the day !
I wonder if Tesla/Robinhood is hurting BTC price though. So many (US mainly) people putting their fiat into stocks, especially Tesla, but also totally stupid things like bankrupt companies, surely that means they can't be putting money into BTC, what do you think ?

they printed so much, there is more than enough....

https://www.visualcapitalist.com/all-of-the-worlds-money-and-markets-in-one-visualization-2020/

We have the ethheads going crazy too, and currently talking about impending flippening,, again...

Let the first big smart contract fall and eth's world is gonna collapse for good. Some might say there are already alternatives in place: I say good luck to them. In the end, one must fall and only one shall remain.

[JayJuanGee]

Slightly OT, but absolute megalulz at this one.

https://cointelegraph.com/news/vitalik-buterin-compares-defi-tokenomics-to-the-fed-s-money-printer


Fuck with shitcoinery/DeFi, and get rekt.

A bit of OT, admittedly:  Vitalik does not have anything even close to approximating the level of muscularity of that portrait.  #justsaying

Hey JJG, why are castrated bulls called oxen?

Why you asking me, specifically?

I looked it up and oxen is merely a term used for cattle that have been trained to perform work.. could be casterated or not or even cows can serve such working purposes and be referred to as oxen.

And, why do the Chinese eat everything, including a bull's dick?

Lot's of cultures eat everything.. and some cultures eat sexual organs for sexual potency reasons, whether mythical or not.

Finally, what is the relation between the two, and what steps need to be taken, to ensure our adult BTC bull is not castrated, nor eaten by the Chinese.

#yinyanghomo

You seem to be wanting to stretch knowledge and entertain FUD bullshit.  Do you have some kind of point that is actually important and genuine that relates to king daddy, Cryptotourist? or are you just engaging in baloney talk by making nonsensical and meaningless connections?  Failing and refusing to grow up a wee bit, perhaps?

[El duderino_]

11998

Teasing 12K

[Toxic2040]

Good morning Bitcoinland.

Still bouncing generally sideways but with a slight upward trend... currently $11876USD/$15473 (Bitcoinaverage).

Still not sure which side of $12k to choose in the poll. It's a toss-up. The battle is far from over.

-snipped-

[El duderino_]

Ok

It’s

12

K

[Cryptotourist]

Why you asking me, specifically?

Siri doesn't get it.

You seem to be wanting to stretch knowledge and entertain FUD bullshit.

People stretch all kinds of things for fun.

Do you have some kind of point that is actually important and genuine that relates to king daddy, Cryptotourist?

No?

or are you just engaging in baloney talk by making nonsensical and meaningless connections?  

Bingo!

Failing and refusing to grow up a wee bit, perhaps?

Always. That's what it's all about.

[Phil_S]

LET THE 12xxx OBSERVING BEGIN!

[600watt]

€1008710061

dear bitcoin price: please try something new and stay above €10k for good. thx.

[TheJuice]

Lift off?

Observing $11,659 on the 1 minute (2 minutes ago) candle.

That was a nice leg up. Looks like itll rest here but should push to 12k soon.

Seems that "we" should not be making rash judgements based on one-minute candles.  

This is based on 9 years of 1 minute candles

That's true...  

I wasn't really considering that "broader perspective"

Thanks for running the numbers, Toxic.  

lmao. Toxic, you the man. that is a lot of candles.

We did it! 9 years of candles said so. Now blow.

[JL0]

C'mon Bitcoin let's break this $12.5K

[Lafu]

Bitcoin will never see over 12k ever again as it slides into irrelevance

See you are wrong !  
Maybe you are mad because of all BTC you are sold as i can read on your post history.
But hey all others havnt i guess , good luck in the Future



Source : https://de.bitstamp.net/

[soullyG]

oh fuck yes, this is exactly the right time to go up

  honey badger

[Karartma1]

€1008710061

dear bitcoin price: please try something new and stay above €10k for good. thx.

I agree. Learn how to float securely above the €10k range [(or $12K, for our american friends)or £9k for our fellow brits] and stay there.
When you feel confident enough please go ahead to the next level. We will put safety nets along the way!
Amarite???

[Phil_S]

4 best months so far:

12/2017   average price=$14835
 1/2018   average price=$12891
 7/2019   average price=$10665
 8/2019   average price=$10612

5 best months so far:

12/2017    average price=$14835
 1/2018    average price=$12891
 8/2020    average price=$11634 <- NEW
 7/2019    average price=$10665
 8/2019    average price=$10612

From where are you getting the monthly traded volume data?  How is it calculated?

I know that you can get daily traded volume BTC price on Bitstamp from:

https://bitcoincharts.com/charts/bitstampUSD#rg60ztgSzm1g10zm2g25zv  (click on "load raw data" at the bottom of the chart, and it will show daily traded volume for the past couple of months (maybe 60 days?)

From time to time I download hourly data from here:
http://data.bitcoinity.org/markets/price_volume/30d/USD/bitstamp?r=hour&t=lb&vu=curr
There is a CSV link at the bottom right corner.

It's average price for that hour, and volume. I don't care much about volume tho. Just playing with hourly price data.

[rdbase]

C'mon Bitcoin let's break this $12.5K

Getting there:


Just gotta be like spartans when it comes to BTC

https://imgur.com/4UeXMfX

[Toxic2040]

[600watt]

€1008710061

dear bitcoin price: please try something new and stay above €10k for good. thx.

I agree. Learn how to float securely above the €10k range [(or $12K, for our american friends)or £9k for our fellow brits] and stay there.
When you feel confident enough please go ahead to the next level. We will put safety nets along the way!
Amarite???

now we know what is happening all this time. it wasn't the €10k or the $12k barrier. it's those brits still not getting their vegeta shit together. observing £8973.