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

[philipma1957]

Here is a link into how I see other coin maneuvers being done.  which have caused a huge difficulty drop in BTC

https://bitcointalk.org/index.php?topic=5331454.0

but but... difficulty... because China energy crisis, no?

no and yes.

simple enough

you have 6600 watts

you can run a btc miner and make 40 bucks

you can run an eth miner and make 300 bucks..


i cut you to 3300 watts which miner gets turned off.



now scale that up and expand it to bitmain

they build eth miners
they build btc miners
they build ltc/doge miners.

they land three super big cloud deals in january and are very likely the worlds largest mining farm for their

eth farm ——-sorry
ltc/doge farm—— sorry
btc farm——- not sorry as btc is the subject.


so china cuts power to them.

they can not run all the gear ⚙️

but wait simply turn off ten 3300 watt btc miners and turn on 1 extra 3300 watt eth miner.

so they spend 3300 watts and earn 300-330 in eth

rather then spend 33000 watts and earn 300-330 in btc.

they then buy btc with the excess eth.


and pay the btc cloud miners off.


the bad side is super high fees for btc. and super high fees for eth.


of course it cause fear in some hodlers and they sell.

I think this is going to continue for 6-8 days.

Next adjustment may help fees.

I apologize for mentioning the other coins as most do dont want to hear about them.
 

[OutOfMemory]

https://www.youtube.com/watch?v=-Jy-DYKlujQ

Cute.  I like that they are recording it on Reaper.

Rage against the chipmunks 
Gotta replace my alarm ringtone with that song for a while 

[sirazimuth]

......

I like seeing kids rocking out to the shit I still rock out to.


Love that school doing Tool.


https://www.youtube.com/watch?v=mYKLvYGqaC0

Thanx for link m8. Loved it.
That picking bass player/ track /sound  is nothing short of badass stupendous.
Yes, playing a bass with a pick is totally cool in my book.
(that's how I played bass back in the day, just no where near as good as that dude)

[LoyceV]

Mind if I promote my scrolling-site again for whoever doesn't know it yet but loves to scroll all recent posts?
I copy all (unedited) posts to one very big page at:
wallobserver.tk
past 1 hour / past 24 hours / past 7 days.
Scrolling is life
The 1 hour page is updated most frequent, the 7 days page gets less frequent updates.

[ivomm]

I've just bought 0.275BTC at 53 300$. If the price doesn't fall below that (again), this anomaly will be for the first time in my life 

[OutOfMemory]

Too quiet. BTC less volatile.
Something is about to happen. 

[Sayeds56]

Good evening WO!
Observing @ $55,620

Bitcoin, Develops Triangle-Formation, Given Possibilites!



https://www.tradingview.com/chart/BTCUSD/abXaoGNU-Bitcoin-Develops-Triangle-Formation-Given-Possibilites/

[Sayeds56]

Too quiet. BTC less volatile.
Something is about to happen. 

Lull before the Storm ?

[OutOfMemory]

Too quiet. BTC less volatile.
Something is about to happen. 

Lull before the Storm ?

Maybe. It's just a matter of sailing with or against it 

[El duderino_]

https://twitter.com/plan_marcus/status/1385062438794575879?s=21

Lmao

[BitcoinBunny]

1.
Noticed a bonus-binance.com scam YouTube stream that was recommended to me. I flagged it / reported it. If you want to help, flag this imbecile: https://www.youtube.com/user/MultiTheTempest
Crazy youtube even allows you to simply call your account after a crypto exchange name whilst they are quick to delete provocative right wing views.
Site promises to send you more BNB back than you send them. Sure.  
It's the same with Facebook. Very poor at preventing money scams, quick to delete anything Trump related.
The social media giants should get their act together. They are a source of scams, fraudsters and hurtful things and try to deflect to others. Pathetic.


2.
Is the Doge dead?

[Sayeds56]

1.
Noticed a bonus-binance.com scam YouTube stream that was recommended to me. I flagged it / reported it. If you want to help, flag this imbecile: https://www.youtube.com/user/MultiTheTempest
Crazy youtube even allows you to simply call your account after a crypto exchange name whilst they are quick to delete provocative right wing views.
Site promises to send you more BNB back than you send them. Sure.  
It's the same with Facebook. Very poor at preventing money scams, quick to delete anything Trump related.
The social media giants should get their act together. They are a source of scams, fraudsters and hurtful things and try to deflect to others. Pathetic.


2.
Is the Doge dead?

Every dog has a day  but now its days are over.

[AlcoHoDL]

NLumber go up!



https://twitter.com/CeasarSolid/status/1382698126738329613

[OutOfMemory]

1.
Noticed a bonus-binance.com scam YouTube stream that was recommended to me. I flagged it / reported it. If you want to help, flag this imbecile: https://www.youtube.com/user/MultiTheTempest
Crazy youtube even allows you to simply call your account after a crypto exchange name whilst they are quick to delete provocative right wing views.
Site promises to send you more BNB back than you send them. Sure.  
It's the same with Facebook. Very poor at preventing money scams, quick to delete anything Trump related.
The social media giants should get their act together. They are a source of scams, fraudsters and hurtful things and try to deflect to others. Pathetic.


2.
Is the Doge dead?

Every dog has a day  but now its days are over.

"Altcoin season" may be a thing for the next few months, while "Dogecoin season" seems to be over...

[shahzadafzal]

I've just bought 0.275BTC at 53 300$. If the price doesn't fall below that (again), this anomaly will be for the first time in my life 

As far as I know Bitcoin doesn’t follow any graph, pattern or predictions. Bitcoin have its own math & science.

Yes one thing is certain it will always go up but after how many dips this you can’t know.

[Kylapoiss]

Still poor

[UnDerDoG81]

Looks like the PI Cycle top indicator was right once again. I was suspecting a similar run to 2013. Double top with a bearish summer between. Was watching the Pi cycle top indicator for months on a daily basis. Yet all other indicators showed we are not there yet. Looks like a bearish summer indeed.

no no no no no no no no no no no no no

stop that negative vibe this instant !

True! We are still millionairs right 

It's just so hard to take profits. I never took any profit in the last 8 years. And it's always this greedy thinking "what if I take profits and we go higher...". I bet many here are trapped in this swampy thinking as well no?

My first goal was to take profits at 40k. Then I Moved it to 50k. Then I said ok 60k for sure. And so on... Now I say ok 95k.

[somac.]

Looks like the PI Cycle top indicator was right once again. I was suspecting a similar run to 2013. Double top with a bearish summer between. Was watching the Pi cycle top indicator for months on a daily basis. Yet all other indicators showed we are not there yet. Looks like a bearish summer indeed.

no no no no no no no no no no no no no

stop that negative vibe this instant !

True! We are still millionairs right 

It's just so hard to take profits. I never took any profit in the last 8 years. And it's always this greedy thinking "what if I take profits and we go higher...". I bet many here are trapped in this swampy thinking as well no?

My first goal was to take profits at 40k. Then I Moved it to 50k. Then I said ok 60k for sure. And so on... Now I say ok 95k.

Not taking profits has been a good plan. Be thankful you're not one of the many who sold early. I have decided to hold onto all my coins until we see a parabolic move and even then I'll sell only 20% at most, with the goal to buy back in. However, I have a feeling I won't even do that.

Basically, I'm not fucking selling.

[BitcoinBunny]

Biden promising to halve emissions by 2030.  

Good luck with that.

I take it everyone gets a free Tesla helicoptered to their home and Biden is going to teach all American squirrels how to run on treadmills to generate electricity?

[JohnBitCo]