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

[shahzadafzal]

I'm standing in my shed trying to get a bunch of old KNC Titan cubes running again. So far I'm up to 250mh, and one of my controller boards has a bad SPI socket line.

Man, I remember this crazy....

I wonder how long and hard they pump the doggie 🐶.

Ahh maybe for a while longer.

I do not know. But I will say I'm not buying DOGE, it's a joke but if taken seriously is literally 180 degrees from anything that Bitcoin stands for.

However when the PPS rate is 390% to mine Litecoin (the coin to pay hookers with), I'll bring the sleeping dragons back to life...

Doge crossed $50b market cap. not a parameter for a success but I have a theory why people are investing in doge. See every other coin or token is created nothing but to make money, there is pure greed behind it. Although they will claim to solve some “problem” in Bitcoin (which is none in reality, in fact every problem of Bitcoin they try to solve is actually a feature of Bitcoin name it hash rate, block size, supply any thing). So among these 9000+ coins only Doge was created just for fun not for making money they didn’t claim to solve any non existing problem in bitcoin. So what happens when something is created for fun? Yes people take it seriously!!!

So when people started taking it a little seriously their team did a good job and gave a cause to it, they did many fundraising’s for charities and many notable causes. Once they build a water well in Kenya through a charity. So in the end I don’t mind to see doge on #2 place, yes forever it will just be another shit coin but with some fun.

Something is wrong with your analysis, shahzadafzal, and lightfoot already mentioned the crux of the misleading aspect of deee doggie...

Lightfoot described it as 180 degrees of bitcoin, but to be more specific, deeeee creators of deeeee doggie were trying to make fun of bitcoin by doing many things in the opposite way such as mining and the way that coin rewards came and some other bullshit, and even though there may have been some changes to some of those nearly non-functional aspects, the impetus still remains a means to try to make fun of bitcoin.. but it has grown to even more misleading than that because even if some peeps might have gotten the joke, there are some other peeps who actually take doggie seriously because they believe it is some variation of bitcoin blah blah blah - even though it is making fun of bitcoin... and doing the opposite in a few ways (probably more than I would like to study into - because nobody's got time for dat).

I 100% agree to you and lightfoot that it is 180 degree from what Bitcoin is. It's inflationary by design and 14+ million coines are minded everyday ... but at the same time it's a fact it was created to make fun, there is no "real-world use" of dogecoin that's what make doge interesting. We all know if bitcoin is worth $1 trillion today, it's because people believe it is worth this much. Same thing applies here, dogecoin's community is one of the most active communities after bitcoin.

By community I mean people not linked to benefit from dogecoin, not like ETH or BNB which need constant marketing by the creators. And This community where people like Elon Musk vouch for can really pump this community more. I'm sure he himself believes in bitcoin that's why he is invested in bitcoin only. But his fun of doge is giving trust to this coin. Again it's not an investment that someone should be making and it never will be. May be it will be worthless like these "merits" here... same way this dogecoin can be used for giving tips and it will shine with your names like a number.

[Phil_S]

a little bit crazy...

[Karartma1]

It was too good to be true.
Men can buy at the bottom only once.
That's okay, I'm keep buying on the way down.
This was an astral coincidence of Coinbase pumping the price before listing, china coal mine blowing up, long position liquidations and mempool clogged.
All good.

[El duderino_]

Can one of you Euros give a synopsis of what all this Super League shit is all about?

Big teams wanna make there own separate league..... so like for example they are always in the league and cannot miss out on a ticket for example championsleague, there always in it and 5 teams or something would be able to join I think or something

[LFC_Bitcoin]

Ain’t this the truth.......





‘Stop being weak handed pussies, HODL & ye shall becometh very richeth’
LFC_Bitcoin 2021

[BitcoinBunny]

Can one of you Euros give a synopsis of what all this Super League shit is all about?

A bunch of assholes want to become super assholes.

Always found it interesting how many kinds of sports that are hidden behind massive paywalls here in the UK such as F1 and Premiership are (almost) completely free to watch in many other parts of the world.

[Syke]

smoke em if you got em

Mmm, Maui Waui/Labrador blend.

[OutOfMemory]

I see them ants pumping again 
please don't let us stumble along $60k again for this month until the CME monthly dip by weekend after the next *crossing fingers*

[fillippone]

Maybe this?


https://twitter.com/documentingbtc/status/1384457095924363264?s=21

[heslo]

https://www.coindesk.com/binance-us-hires-former-bank-regulator-brian-brooks-as-ceo

[Phil_S]

I wonder if the current regulators are jealous... 

[janggernaut]

Maybe this?


https://twitter.com/documentingbtc/status/1384457095924363264?s=21

Or this? 

https://cryptopotato.com/wework-to-start-accepting-cryptocurrencies-for-payments/

[LFC_Bitcoin]

All I see is positive news but the price is meh. I know I’m being ungrateful & greedy, if you told me last April we’d be in the mid $50,000’s a year from then I’d have been delighted. I keep expecting an imminent, explosive move up but nothing doing yet.

[OutOfMemory]

All I see is positive news but the price is meh. I know I’m being ungrateful & greedy, if you told me last April we’d be in the mid $50,000’s a year from then I’d have been delighted. I keep expecting an imminent, explosive move up but nothing doing yet.

Thanks to the back&forth game of "whales" with options/futures, OTC buys and spot sells of BTC. Thanks to leveraging degenerates, not to forget "paper hands", the type of bitcoin "hodler" lately flooding the markets. SOMA-rant FTW! 

This it what helps me most of the time:
1. stop checking the price a hundred times a day
2. if i check, i always zoom out to 3d and weekly candles after.
3. If i checked, i calculate my holdings in fiat equivalent

happy hodling 

[BitcoinBunny]

All I see is positive news but the price is meh. I know I’m being ungrateful & greedy, if you told me last April we’d be in the mid $50,000’s a year from then I’d have been delighted. I keep expecting an imminent, explosive move up but nothing doing yet.

Agreed, constant bullish news.

I did see a report of one of the biggest Bitcoin pulls from exchanges so far in the last few days but can't find it on free analytical sites to confirm.
Previously after a few days that means the start of a big pump is imminent.

[eddie13]

I bought a bunch more high 53s to low 54s..

Possibly short term/play money..
Might just HODL it forever who knows, but the end of dips would be nice to see for me now..

[philipma1957]

Things appear to be kind of stable. 
Hoping for this to level at 55k-65k for a month or so.

It would be nice for Doge to stay over 30 cents. For the year as I can get a lot of btc from it with mining of it. Each couple of days I sell it and convert it BTC.
Last 2 days I sold 282 usd worth of it for BTC.

[Richy_T]

We need a DOGE rug-pull ASAP.

We've needed a tether rug-pull much longer and more urgently and it's never come.

Ripple kinda had one but it wasn't enough.

Heck, the devs had to go out of their way to periodically deliberately rug-pull testnet Bitcoin because it started gaining value.

[BitcoinBunny]

Wasn't this supposed to be Doge Day? 

[Krubster]

Happy 4/20 you guys!

Was this the bottom perhaps?

Speaking of bottoms, check this out.



If you read this on your phone, gently shake your phone. It's pretty cool.