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

[El duderino_]

I think in crypto talk etc.... For me the most annoying sentence is

Btc met the target exaaaaaaaactly as predicted

[El duderino_]

Jelly are we.

 

When 70k ? 

[El duderino_]

Bitcoin is a stable coin now oscillating between $55k and $58k for last three weeks.

Good. It'll shake out all the "get-rich-quick" newbs that expect a +$10k pump per month, or else.

They can all go die in shitcoinlandia.

Hmmm I'm expecting bigger pumps a month, but thats just me...

[El duderino_]

sucks, don't it?

Haha indeed, knowing only have put in 5% ... though better as most people with 0%

[LoyceV]

"I'd rather put my eggs in ONE basket that I fully control, than in TEN baskets that others control."

I was just looking at CoinMarketCap:
#1: Bitcoin! But it's losing market share, so I wondered what's taking the market share. Turns out, most of them are centralized:
#2: Centrally controlled Hardforkcoin Ethereum.
#3: Centrally controlled Binance Coin.
#4: Centrally controlled Ripple.
#5: Not centrally controlled Dogecoin (but originally started as a meme troll).
#6: Centrally controlled and probably not backed stablecoin Tether. I find it very hard to believe someone holds 52 billion dollar on some bank account to counter this value.
#7: Cardano. I know nothing about this so this is where I stop.

Why are people giving up their trustless Bitcoin for centrally controlled coins that are solely created to make the creator rich?

take Doge off the list and I would agree with you.

Doge is on the list simply because it's #5 on CMC. It's not centralized, and the only exception between #2 and #6.

[Arriemoller]

Just sold a teeny weeny little bit, so now the price is pretty sure to go up.
Also, it's going to rain all day today and all day tomorrow, Jippie.

[HeRetiK]

Just because you like to keep reminding people that you make actual money from Doge mining and trading, doesn't mean it's not a shitcoin.

Because it is. It is a joke meme shitcoin.

Doesn't matter that it's "well backed by asics". So is Litecoin, which is another shitcoin. They're all shitcoins except BTC.

To be fair though, Litecoin is the original shitcoin, so credit where credit is due.

I kinda hate what Doge has become. It used to be one of my favourite alts for having a fun community and being a hilarious satire on the state of crypto. Now it's reduced to some sad rando pump'n'dump.

[Syke]

Wow...I never knew that after nearly three decades with someone that is supposedly your soulmate for life, that you still have to desperately find "a way to grow together" or its divorce-ville.

Thanks for clarifying real marriage there, Bill.  

_{(These fkn celebrity marriages...I swear)}

One lucky guy that Bill is. Now he gets to upgrade to Wife 2.0.

[marcus_of_augustus]

To be fair though, Litecoin is the original shitcoin, so credit where credit is due.

... this is not correct. namecoin was the first fork of the bitcoin client. IX and IO were next ... other joke implementations preceding all them was BeerTokens and WEEDS, but they had their own features

[marcus_of_augustus]

One lucky guy that Bill is. Now he gets to upgrade to Wife 2.0.

... except we all know how well microsoft upgrades go ...

[HeRetiK]

To be fair though, Litecoin is the original shitcoin, so credit where credit is due.

... this is not correct. namecoin was the first fork of the bitcoin client. IX and IO were next ... other joke implementations preceding all them was BeerTokens and WEEDS, but they had their own features

I stand corrected, thank you.

[BitcoinBunny]

If you are as rich as Bill Gates you can literally afford to have a new wife every day.
Unless you can REALLY find someone you can trust and likes to do all the things you like, is respectful and patient and doesn't throw a tantrum over trivial things I would go with the new wife per day option.

Premium whore rates are what? About $2000 per day or whatever?

Literally less than 1 million bucks per year.

Bill Gates wipes his ass with a million.

[Kylapoiss]

If you are as rich as Bill Gates you can literally afford to have a new wife every day.
Unless you can REALLY find someone you can trust and likes to do all the things you like, is respectful and patient and doesn't throw a tantrum over trivial things I would go with the new wife per day option.

Premium whore rates are what? About $2000 per day or whatever?

Literally less than 1 million bucks per year.

Bill Gates wipes his ass with a million.

So that's where this picture is from..

[OutOfMemory]

Wow...I never knew that after nearly three decades with someone that is supposedly your soulmate for life, that you still have to desperately find "a way to grow together" or its divorce-ville.

Thanks for clarifying real marriage there, Bill.  

_{(These fkn celebrity marriages...I swear)}

One lucky guy that Bill is. Now he gets to upgrade to Wife 2.0.

No, the naming convention changed.
It will be "Wife 2" or "Wife 2022" most likely  

... except we all know how well microsoft upgrades go ...

Better not to boot it before Service Pack 1 or 2, then... 

[LFC_Bitcoin]

@Pompilano
Sotheby’s is now accepting bitcoin and cryptocurrencies as payment.

The first piece will be a Banksy masterpiece.

Eventually every company will decide to accept the currency of the future, rather than the currency of the past.
https://twitter.com/apompliano/status/1389550997777883140?s=21

[somac.]

This whole shtcoin thing is starting to have that mid 2017 feel to it. There was a major crash after it got to a crazy level, it affected BTC somewhat but alts got creamed. These pumps aren't being driven by the institutions so how far can retail really push it? remember the flippening talk from back then, I'm sure that will be starting up soon.

400 billion cap for ETH, 100 billion for binance coin, and 70 billion for doge. Seems kind of nuts especially the speed in which they got there.

[Arriemoller]

Just sold a teeny weeny little bit, so now the price is pretty sure to go up.
Also, it's going to rain all day today and all day tomorrow, Jippie.

Update on the weather situation: it's going to rain on Thursday as well.

[Biodom]

This whole shtcoin thing is starting to have that mid 2017 feel to it. There was a major crash after it got to a crazy level, it affected BTC somewhat but alts got creamed. These pumps aren't being driven by the institutions so how far can retail really push it? remember the flippening talk from back then, I'm sure that will be starting up soon.

400 billion cap for ETH, 100 billion for binance coin, and 70 billion for doge. Seems kind of nuts especially the speed in which they got there.

yea..I wonder when and where it all ends. In coinbase lists doge soon, it might be at $1, fulfilling "the prophecy".
I am a bit amused looking at that. The other two have momentum, but it cannot last if bitcoin is not cooperating.
At least, this is my expectation. I would say that for s-tcoins, it feels more like Jan 2018 than mid 2017.
If for bitcoin it is a mid cycle correction/flat, than it will all resolve positively (for btc).

[somac.]

This whole shtcoin thing is starting to have that mid 2017 feel to it. There was a major crash after it got to a crazy level, it affected BTC somewhat but alts got creamed. These pumps aren't being driven by the institutions so how far can retail really push it? remember the flippening talk from back then, I'm sure that will be starting up soon.

400 billion cap for ETH, 100 billion for binance coin, and 70 billion for doge. Seems kind of nuts especially the speed in which they got there.

yea..I wonder when and where it all ends. In coinbase lists doge soon, it might be at $1, fulfilling "the prophecy".
I am a bit amused looking at that. The other two have momentum, but it cannot last if bitcoin is not cooperating.
At least, this is my expectation. I would say that for s-tcoins, it feels more like Jan 2018 than mid 2017.
If for bitcoin it is a mid cycle correction/flat, than it will all resolve positively.

Well, if it's 2018 the cycle is over. I don't think that it is, which is why I think mid 2017 is more appropriate. Sucks either way honestly, the way a lot of these things are pumping makes the whole market look like a joke, which is not a good look.

[Torque]

Yeah, the new crop of mETH heads are gonna shit their pants when ETH returns to below $1000 at some point.

Which it absolutely will.