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

[Elwar]

“BREAKING: The value of Bitcoin and a raft of other cryptocurrencies fell briefly today after it was revealed a US financial authority – the Commodity Futures Trading Commission (CFTC) – was investigating the world’s largest trading platform.”

https://www.cityam.com/crypto-markets-hit-after-us-authorities-look-into-binance-exchange

"The value of Bitcoin fell"

Then came back within like 10 minutes. Congratulations CFTC, you made a blip.

You can pretty much assume that the US government is "investigating" pretty much every aspect of the crypto market trying to find a weakness. That's why you don't put your money on a centralised system that the US government can get its dirty hands on.

[macson]

snip

what is the name of this dog?  I thought it would be cuter if his/her eyes had laser

#laserrayuntil100k

 Don't have access to my entire bag o' tricks at work or I would have changed that cough filter to a 100k filter.

oh man, you got me hypnotized by that nice eyes....great

https://twitter.com/elonmusk/status/1370449101402353669

Tesla boy tweeted about Bitcoin again "lol"

[proudhon]

“BREAKING: The value of Bitcoin and a raft of other cryptocurrencies fell briefly today after it was revealed a US financial authority – the Commodity Futures Trading Commission (CFTC) – was investigating the world’s largest trading platform.”

https://www.cityam.com/crypto-markets-hit-after-us-authorities-look-into-binance-exchange

"The value of Bitcoin fell"

Then came back within like 10 minutes. Congratulations CFTC, you made a blip.

The crash is continuing. 2021 is not going to be a good year for bitcoin. Can I get a "confirm"?

[julian071]

“BREAKING: The value of Bitcoin and a raft of other cryptocurrencies fell briefly today after it was revealed a US financial authority – the Commodity Futures Trading Commission (CFTC) – was investigating the world’s largest trading platform.”

https://www.cityam.com/crypto-markets-hit-after-us-authorities-look-into-binance-exchange

"The value of Bitcoin fell"

Then came back within like 10 minutes. Congratulations CFTC, you made a blip.

The crash is continuing. 2021 is not going to be a good year for bitcoin. Can I get a "confirm"?

I certainly hope 2021 will continue to be as disastrous as it has been so far. Math and science seem to point that way!

[free-bit.co.in]

“BREAKING: The value of Bitcoin and a raft of other cryptocurrencies fell briefly today after it was revealed a US financial authority – the Commodity Futures Trading Commission (CFTC) – was investigating the world’s largest trading platform.”

https://www.cityam.com/crypto-markets-hit-after-us-authorities-look-into-binance-exchange

"The value of Bitcoin fell"

Then came back within like 10 minutes. Congratulations CFTC, you made a blip.

The crash is continuing. 2021 is not going to be a good year for bitcoin. Can I get a "confirm"?

Seriously what is your agenda here? From the beginning you're bashing Bitcoin going to zero.

You're looking like that old man yelling bitcoin is going to Z E R O!


https://www.youtube.com/watch?v=ksrSWgC3jKI

Seems silly.

[Wilhelm]

“BREAKING: The value of Bitcoin and a raft of other cryptocurrencies fell briefly today after it was revealed a US financial authority – the Commodity Futures Trading Commission (CFTC) – was investigating the world’s largest trading platform.”

https://www.cityam.com/crypto-markets-hit-after-us-authorities-look-into-binance-exchange

"The value of Bitcoin fell"

Then came back within like 10 minutes. Congratulations CFTC, you made a blip.

The crash is continuing. 2021 is not going to be a good year for bitcoin. Can I get a "confirm"?

Seriously what is your agenda here? From the beginning you're bashing Bitcoin going to zero.

You're looking like that old man yelling bitcoin is going to Z E R O!


https://www.youtube.com/watch?v=ksrSWgC3jKI

Seems silly.

I would hope it was to weed out the nocoiners from the true HODLers, but I’d be giving Proudhon too much credit :p

[DaRude]

Drill, Baby, Drill. save my short calls

What's your short target? I see 55k is a good support but is it strong enough? Do you expect lower?

Big picture people, big picture!

I need to raise funds for a down payment. If it ends today much higher I'll probably end up selling for less than I could have gotten just waiting to market sell today. If it ends lower than 54k I'll collect all the premium without selling anything. If it stays under 56k and over 54k I'll sell some for a good price and have some contracts expire worthless. I guess I can sell puts next week because it looks like its going to stay above 56k.

Looks like someone lost some BTC today.

[Icygreen]

“BREAKING: The value of Bitcoin and a raft of other cryptocurrencies fell briefly today after it was revealed a US financial authority – the Commodity Futures Trading Commission (CFTC) – was investigating the world’s largest trading platform.”

https://www.cityam.com/crypto-markets-hit-after-us-authorities-look-into-binance-exchange

"The value of Bitcoin fell"

Then came back within like 10 minutes. Congratulations CFTC, you made a blip.

The crash is continuing. 2021 is not going to be a good year for bitcoin. Can I get a "confirm"?

Seriously what is your agenda here? From the beginning you're bashing Bitcoin going to zero.

You're looking like that old man yelling bitcoin is going to Z E R O!


https://www.youtube.com/watch?v=ksrSWgC3jKI

Seems silly.

The art of trolling and entertainment, nothing more  
May I refer you to 'the song'

[Wekkel]

Tomorrow when waking up, I expect nothing less than a new fresh ATH.

Bring it on, boys 

[LFC_Bitcoin]

@boogotti

https://twitter.com/boogotti/status/1370490898891608065?s=21

When the first stimulus rolled out the bitcoin price was $6,xxx.

Stimmy’s hit Murican’s accounts starting this weekend. Pump the magic internet coin!



We are going to $75,000+ before May.

[JayJuanGee]

Stop jerking us around and gib $60k already!?

How about $27K?

OMG I can't believe this guy was wrong so many times and he just keeps on failing... he's on a fail streak. What a failure! And you want to make us believe you own how many cardboard fridge boxes?    

Observing 58.000$ Again... ...

Selling again... soon...



Well... 27K might not happen, cuz I meme that. But I'm still hanging on 41K.

Oh gawd.  We all know that a variety of price might happen, and part of the reason that peeps engage in incrementalism kinds of behaviors is to attempt to hedge - but for the most part, peeps frequently fail/refuse to hedge enough to the UPside, rather than towards the downside.

In other words, you come off as a disingenuine troll... and so how much you making?  You could not be engaging in this spreading of nonsense for free could you?  Do you have any other names that you go by?

By the way, I don't have any problems to have buy orders on the way down, and I still have buy orders down to $9,500-ish... and I am thinking that in the future, I am going to maintain my buy orders down to the 208-week moving average, which is currently approaching $10k.... but as many of us know our current trend in BTC continues to be UPpity, so anyone playing a DOWNity game is likely going to get reckt - which you are promoting that peeps reck their lil selfies, Save the RF (surely, I doubt that you are actually making market orders that are consistent with your dumb-ass calls, so your representations are largely lame-ass attempts to get others to follow your suggestion - and yeah since there are always newbies and weak-hands who get scared relatively easily, there may be some newbies/weak hands who end up being inspired by your baloney).

Regarding when the top of the price move comes.. or the top of the cycle, none of us can really be sure about that.. so whether this $50k to $60k ends up being the top, or BTC prices go into a $100k to $1.5 million range for the top of this cycle is NOT easy to know for sure.. so good to prepare in either direction while still keeping in mind that so many peeps fail to sufficiently pee pare their lil selfies for UPpity.. which may not even take a whole lot of capital/value in order to have and maintain a sufficient enough (reasonable and prudent) BTC stash that allows you to be pee pared for both directions - and especially UPpity, just in case this BTC thingie-ma-jiggie might happen to catch on.

[nutildah]

You all need to turn in your Pink Floyd fan cards if you missed this reference.

https://youtu.be/YR5ApYxkU-U?t=68

But if you ask for a rise it's no surprise that they're giving none away.

[Parazyd]

Are we ready to break 60k tomorrow with all the stimulus checks?

[Hhampuz]

Honest question for WO.. Obviously I'm not 'murican so I've no idea what it's really like over there but.. how many of the people getting stim checks are actually spending them on things like bitcorn? How many people are actually struggling with moniez and will have to use it for every day stuff?

Asking for a friend

[Parazyd]

Honest question for WO.. Obviously I'm not 'murican so I've no idea what it's really like over there but.. how many of the people getting stim checks are actually spending them on things like bitcorn? How many people are actually struggling with moniez and will have to use it for every day stuff?

Asking for a friend

This happened last time:

[machasm]

Today is the mindrust day. One year ago, on that evil day, mindrust panic sold all his 10BTC stash for $4000 - the average price he has bought his stash. He had twice that sum in fiat, but instead of buying at these incredibly cheap prices, he decided to buy USD, monero and other shitcoins. His ghost is reportedly still appearing from time to timel on bitcointalk topics, arguing that his decision was right. To him and others fallen comrades by the poison of Peter Schiff's kinda FUD, a minute of silence.

No Way! was that a year ago already?
Been having so much fun with the price action recently, time seems to be flying by.
Man that guy couldnt have timed it much worse. Did it ever go lower since he sold?
Anyway, I will remember him fondly.

[Biodom]

Bitcoin, flying cars, New Hampshire...

https://financialpost.com/pmn/business-pmn/libertarians-want-to-make-new-hampshire-a-flying-car-mecca

To me, it sounds cool.
Maybe when btc is 500K 

NH (at least from May to Sep-Oct) looks better and better.

[philipma1957]

Honest question for WO.. Obviously I'm not 'murican so I've no idea what it's really like over there but.. how many of the people getting stim checks are actually spending them on things like bitcorn? How many people are actually struggling with moniez and will have to use it for every day stuff?

Asking for a friend

this is a good question very hard to answer.  But I will give it a shot.



We do not need the 2800  and yeah we will qualify for the 2800.

We have zero debt we have 3 guaranteed retirement checks we have a 401k and we have BTC + (some shit coins)

I will put the 2800 into gpus to mine shit coins to get bitcoins. Today I ordered a 1919 USD gpu to mine eth to directly convert to BTC

I have 35-50 friends in the 40-65 year old age group 3 or 4 of us are into BTC we are all doing well enough to not need the check.
The other 30-40 friends need the checks and will not be buying btc.

I find in the older than 40 group the ones using the money to buy more coin already have coin and do not need the money.

I find the ones needing the money never were into coin in the first place

[LFC_Bitcoin]

https://twitter.com/blockfolio/status/1370376063617015816?s=21


 

[wxa7115]

Shorting bitcoin right now:

Drop Fiat; Get Bitcoin.