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

[mrjoy15]

I just realized if I had stayed in I would have made loads, but yeah big crash will come eventually be careful.

I'm buying after this 10% drop guys! Thank me later!

[yefi]

Only 5 billion get added each year but don't worry about that.

There's also a single entity controlling over 36 billion of the fuckers who could crash it singlehandedly. Much wow.

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.

My vote is for 2017. This cycle has played out remarkably similar so far.

[DaRude]

This wont end well...

I know theres not such thing as bad publicity.. but the shitstorm when the meme coin fall will hurt us too

That's my biggest concern. I was hopeful that investors in BTC were seasoned, going for fundamentals and having a long term outlook. Shitcoin fiasco is showing me that a bunch of dumb speculative money is just looking for anything shiny. The latter brings great volatility into the space, and after they get burned can turn people away from crypto space. And burn themselves they will, Wall st loves to exploit herd mentality.

[sirazimuth]

Meme idea...

Elon and his pet doge driving his Roadster laughing.
On dashboard, the speedometer is a doge ticker hockey stick graph labeled "ludicrous".

(probably already been done. couldn't be bothered to google)

(apologies jay. you can bat slap me)

[d_eddie]

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.

I'm sure a guy like that can have extra upgrade channels, dual setups and all kinds of technical solutions, even if the 1.0 version should refuse to uninstall.

[Biodom]

Meme idea...

Elon and his pet doge driving his Roadster laughing.
On dashboard, the speedometer is a doge ticker hockey stick graph labeled "ludicrous".

(probably already been done. couldn't be bothered to google)

(apologies jay. you can bat slap me)

When something goes up 40% a day, it is exhilarating, but my prior experience shows that whatever goes up 40% a day could very well decline 50% a day.
The side effect of the craziness is that we now have to endure all those chart comparisons for 2021, but it will pass.

[OutOfMemory]

Hey, what's going on in Bitcoinland?
Proudhon's curse?

 

[LFC_Bitcoin]

The sooner, the better.




@surferjimw
Big shitcoin gambling pump happening.

Last 7 days

Telcoin up 181%
Bake (huh?) up 177%
OKB up 123%
Doge up 116%
ETH classic up 98%
Waves up 86%
Venus up 70%

But just wait for when the smart traders begin taking profits back into #Bitcoin 

The wreckage will be monumental.
https://twitter.com/surferjimw/status/1389585180487294979?s=21

[Biodom]

I surmise know where it (fever) will brake: on doggie add-on to coinbase (super-spike?)
I just found out that i still have some etc (after the @LFC post)....it has some value now, lol (one of the most useless forks).
I better exchange to daddy (or USDC/tether?) asap.

[nanobtc]

I saw a sad news story the other day. I am paraphrasing, it's easy to find. Some relatively young guy (30's) was celebrating loudly because he became a millionaire (on paper) with Doge. He had invested his life's savings (hundred-something K USD).

He said 'I grew up poor, I'm not selling any of it. I'll wait until it's 10 million, then I'll withdraw a million dollars.' Poor guy.

[shahzadafzal]

Meme idea...

Elon and his pet doge driving his Roadster laughing.
On dashboard, the speedometer is a doge ticker hockey stick graph labeled "ludicrous".

Let me try something...

[machasm]

Meh!
I just bought a bucketload of dip.
Picked myself a nice handful of BTC.
We all know where Bitcoin is going as soon as these sh*tcoins burst.
See you all on the moon soon.

[lightfoot]

My son just came to me and said "Hey Dad, remember when you told me yesterday to sell 10% of my DOGE for bitcoin?"

"Yes, of course, it's a good idea to slice a little off the top"

"Well it's 60 cents now and Bitcoin is falling. What do you think about that?"

"I think you no longer need advice. Good luck with that!"

Well, he'll learn. At least he isn't changing his bitpennies into DOGE.

[Sayeds56]

I saw a sad news story the other day. I am paraphrasing, it's easy to find. Some relatively young guy (30's) was celebrating loudly because he became a millionaire (on paper) with Doge. He had invested his life's savings (hundred-something K USD).

He said 'I grew up poor, I'm not selling any of it. I'll wait until it's 10 million, then I'll withdraw a million dollars.' Poor guy.

Buy Bitcoin

[lightfoot]

ETC is the only one I am cheering for: ETH is a coin fork in bad faith from an idea that had some merit. ETC didn't fall for the bullshit, and I respect that.

[Hueristic]

Edited to direct timestamp for Jimmys comments on Eth

https://youtu.be/f8XIeXiGi-E?t=4181


I'm an hour into this right now.

[Toxic2040]

afternoon charts

#dyor

1h


4h

#stronghands

[El duderino_]

Let me buy the dip.
Let me have future profits.
Let me trust bitcoin.

[d_eddie]

One thing is certain - whenever the shitcoin shithousery* reaches a level of ridiculousness sufficient for the WO to make comment, it's a sure sign that some bubbles are about to pop and some lemmings are about to get rekt. I might have to get some popcorn ready for this evening....

EDIT:
*a term from English football, which seems very appropriate to describe the current shitcoin activity:
https://strikerless.com/2020/07/25/shithousing-a-quick-foray-into-fms-dark-arts/

Close to fuckery/verlakkerij, I'd say.

[bkbirge]

Presented without comment.
https://www.theblockcrypto.com/linked/103703/ny-bill-ban-crypto-mining-environmental-impact-assessment

The bill would institute a three-year moratorium on a crypto firm's mining operation. The state would then conduct a full environmental impact statement on the impact of the center's greenhouse gas emissions from mining, as well as its effects on water quality, air quality and wildlife. The report would be accompanied by a 120-day public comment period and at least one public hearing.