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

[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.

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[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.

[Richy_T]

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.

Dang, forgot about ETC. Not sure if I can access it at all now. Never mind, not worth worrying about the small amount I may have.

[Richy_T]

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.

For all the high taxes, they really don't like having taxpayers, do they?

[LFC_Bitcoin]

@Excellion
Shitcoins are fiat. You have to constantly keep up with what is changing, what got hacked, & whatever new ultrasound monetary bullshit they dreamed up yesterday. Just buy #Bitcoin . Time is money. Money that takes away your time isn’t money.
https://twitter.com/excellion/status/1389693888340791296?s=21


@WClementeIII
Not sure why people are so concerned about shitcoins. Let the free market work itself out, this is how monetary Darwinism plays out.

Those who have done their HW and understand sound money will buy #bitcoin .

I actually think it's a positive thing, it's an intellectual filter.
https://twitter.com/wclementeiii/status/1389610076193923075?s=21



@phil_geiger
This is the part of cycle where weak hands convert their #bitcoin  into a weaker currency to chase gains and then end up with less bitcoin than they will ever have again
https://twitter.com/phil_geiger/status/1389611453972365324?s=21



@real_vijay
Every #bitcoin  bull market has its tests:

- tests of greed
- tests of conviction
- tests of patience

You WILL be tested. Are you prepared?
https://twitter.com/real_vijay/status/1389603136549969922?s=21



Had to add this one ——->

@sendbtcoin
HELLO I'M NEW HERE & IN IT

LET'S BE #BITCOIN  FRIENDS

onlyfans: @ bikinibottommaxi
#NewProfliePic



https://twitter.com/sendbtcoin/status/1389699183205142534?s=21

[bkbirge]

Haha, just saw this ...


In this thread...
https://twitter.com/MeekMill/status/1389621286536634368

I just grabbed some doge I’m tired of missing out

[El duderino_]