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

[ChartBuddy]

Explanation

[1714165508]

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[1714165508]

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[1714165508]

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[1714165508]

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[1714165508]

1714165508

[philipma1957]

the btc diff is dropping bigly

https://diff.cryptothis.com/

Latest Block:   688221  (3 minutes ago)

Current Pace:   86.9105%  (766 / 881.37 expected, 115.37 behind). 13%
  
Previous Difficulty:   21047730572451.55                            
Current Difficulty:   19932791027262.74                            
Next Difficulty:   between 17325489300681 and 18242882708090
Next Difficulty Change:   between -13.0805% and -8.4780%
Previous Retarget:   last Sunday at 4:06 PM  (-5.2972%)
Next Retarget (earliest):   June 28, 2021 at 11:15 PM  (in 9d 4h 15m 19s)
Next Retarget (latest):   June 29, 2021 at 6:42 PM  (in 9d 23h 42m 36s)
Projected Epoch Length:   between 15d 7h 8m 58s and 16d 2h 36m 16s

I have mention that this put pressure on price .


diff will drop to 17.3 vs 26.3. a few weeks back

whether it is simply catching up to the 64>35 price drop or leading more price drop remains to be seen.

Everyone said this time is different yeah it is.  Just not sure in what way it is different.

Means a lot for me. my buy price as a miner will drop 13%.

Still stacking the btc I mine and selling every shit coin I mine.

[sirazimuth]

May I introduce the wo bro community to Bruce Banner. (weird name for a girl, but whatever...)
She's gonna be a monster...(with help from nine staples)




GO BITCOIN

[JayJuanGee]

Would enjoy a weekend pump… would hate sending cheap corn for the game 😅

And ever since I saw sgbett in an interview about bsv he bugs the shit out of me.  If he wins I will have an existential crisis. All his posting in there taunting us annoys tf out of me. 😁

Cannot resist to consider that sgbett would end up as quite the villain in the whole June 21 betting matter if he were to end up winning, and fucktwat trolls (can't really think of any better descriptor at the moment) really love that kind of villain attention.

So It was hot as hell last night and I decided to go outside, naked, to cool of (I live in the countryside). It so happened that I walked in to my neighbors old corral and what I thought was just high grass was also nettles. I stung my legs, butt, and Helmuth and the glockenspiel, I have had a trying night.

pics or it didnt happen   

ditto.... And nohomo, too.

 

That elevated volume is what makes me excited, no matter if next move is down or up.

Not seeing "elevated volume" currently. 

I see some elevated trade volumes around May 18 - May 24 around the $30,066 dippening.

I see some elevated trade volumes around June 7 - June 9 around the $31,025 dippening.

Could be that one of us is delusional, but not this cat?  Perhaps?  Perhaps?

[Richy_T]

So It was hot as hell last night and I decided to go outside, naked, to cool of (I live in the countryside). It so happened that I walked in to my neighbors old corral and what I thought was just high grass was also nettles. I stung my legs, butt, and Helmuth and the glockenspiel, I have had a trying night.

Rub yourself with doc leaves.

[somac.]

odd action on the mempool

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[vapourminer]

odd action on the mempool

what site is this? or is it from your node?

[xhomerx10]

So It was hot as hell last night and I decided to go outside, naked, to cool of (I live in the countryside). It so happened that I walked in to my neighbors old corral and what I thought was just high grass was also nettles. I stung my legs, butt, and Helmuth and the glockenspiel, I have had a trying night.

  Tape works to pull the nettles out but man... you'd have to be really careful  in the nether-regions.

[smartcomet]

https://twitter.com/SinoCrypto/status/1406290307608723456
Bitmain water cooling system

[ChartBuddy]

Explanation

[JayJuanGee]

Explanation

So this is the last chart buddy to be under 35 k

and for those that want to clock proud 10 day 35 k prediction


the chart buddy goes back to may 20 hour by hour.

https://bitcointalk.org/index.php?action=profile;u=110685;sa=showPosts

this is the best way to look at chart buddy

ignore it here but check the profile post listing for it.

Even though proudhon may be a disingenuine dweeb, I would not consider Chartbuddy as a way to measure the last time that bitcoin prices were below $35k.

I can look at the bitcoinwisdom chart, and I can see that on June 18, the BTC price had gotten down to $34,718, so that seems to be pretty damned accurate that bitcoin prices had dipped below $35k - even if it may have only have been for a flash.  When I switch over to the 15 minute candles, I can see 7 candles, right around the same time as the deepest dip that the BTC price had dipped below $35k.. there are probably other better ways to measure, but chartbuddy does not seem to be good for attempting to figure out those kinds of ongoing spot changes in price.

looks like more sideways now. rally is delayed because it seems they don't want to have the corn to expensive to still fill their pockets at least until end of August.

By the end of this month we shall see +45K at least. There are huge huge shorts that need to be closed within next 10 days. Proudrekt will be rekt. Again.

Will be watching it...

Rooting for it as usual... Cheers

Rooting for this, of course, and more….
Maybe I can still win El_Duderino game!
Proudhon, don’t worry,  I will win our bet too!

Please restate or link bet for reference.

thank uuuuuu

the btc diff is dropping bigly

https://diff.cryptothis.com/

Latest Block:   688221  (3 minutes ago)

Current Pace:   86.9105%  (766 / 881.37 expected, 115.37 behind). 13%
  
Previous Difficulty:   21047730572451.55                            
Current Difficulty:   19932791027262.74                            
Next Difficulty:   between 17325489300681 and 18242882708090
Next Difficulty Change:   between -13.0805% and -8.4780%
Previous Retarget:   last Sunday at 4:06 PM  (-5.2972%)
Next Retarget (earliest):   June 28, 2021 at 11:15 PM  (in 9d 4h 15m 19s)
Next Retarget (latest):   June 29, 2021 at 6:42 PM  (in 9d 23h 42m 36s)
Projected Epoch Length:   between 15d 7h 8m 58s and 16d 2h 36m 16s

I have mention that this put pressure on price .


diff will drop to 17.3 vs 26.3. a few weeks back

whether it is simply catching up to the 64>35 price drop or leading more price drop remains to be seen.

Everyone said this time is different yeah it is.  Just not sure in what way it is different.

Means a lot for me. my buy price as a miner will drop 13%.

Still stacking the btc I mine and selling every shit coin I mine.

I am thinking.. who fucking cares?

If some folks don't want to mine, then let them shut their machines off and go somewhere else.

There are plenty of miners and if some of them are manipulating or playing games or getting beaten up by the chinese government, who cares?

A lovely thing about bitcoin is both the difficulty adjustment every 2016 blocks and also the fact that the hash power could be dropped by 90% and still there is plenty of computing power there... Let's see how it plays out?  Do we have a mining death spiral?  I doubt it... Do we have an attack vector?  Sure some FUD spreading peeps want you to believe that.,. Lots of profits being left on the table by those who are shutting off their machines or unable to operate and those who are able to operate are likely either picking up the slack and making better profits and perhaps there are even some considering coming back on line with their older equipment and less efficient operations if the hashrate continues to drop.

I will speculate that more likely hashrate follows price rather than the other way around, but whatever, we will see.  Won't we.. The next two weeks are critical.^tm.. well one week for this difficulty adjustment and two weeks after that for the next one... so.. sure, let's adjust it to the next three weeks are critical.. ^tm

[Toxic2040]

the evening wall report


Charts again remain unchanged except for this continued sideways/downward crawl.
I dont have much confidence that there will be a quick turn around anytime in the immediate future.
Next week will mark a symmetrical five week correlation of the left and right shoulder to this observed H&S pattern on the weekly chart.
As is said..the proof is not in the pudding..its in the eating, so will just have to wait it out and see.
Defending the price at these levels is dicey and the risk/reward level low imho.
To sum it up...hodl as you can and sell as you need.


#dyor


4h



D



W

#stronghands

[somac.]

odd action on the mempool

[imgwidth=200]https://i.ibb.co/HdZ3Ljx/mempool.png[/img]

what site is this? or is it from your node?

Its from mempool.space

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[Arriemoller]

There will be no taping, pulling or rubbing of neither my Helmuth nor my glockenspiel, thank you.
But thanks for your input.  

Edit, What's doc leaves?

[Richy_T]

There will be no taping, pulling or rubbing of neither my Helmuth nor my glockenspiel, thank you.
But thanks for your input.  

Edit, What's doc leaves?

Not sure about your country but in England they are a broad-leaved plant that grows near nettles that contain a chemical that soothes the pain and itching that nettles cause (the 'doc' is short for 'doctor', I believe). Hmm. Just looked and it's "dock" leaves and apparently they don't actually contain anything, it's just the rubbing action that helps. Well shit, there's another piece of my childhood gone

I guess you could make some nettle tea. Brings a new meaning to teabagging.

Edit: Apparently alkali substances can help with the nettle stings.

[Arriemoller]

There will be no taping, pulling or rubbing of neither my Helmuth nor my glockenspiel, thank you.
But thanks for your input.  

Edit, What's doc leaves?

Not sure about your country but in England they are a broad-leaved plant that grows near nettles that contain a chemical that soothes the pain and itching that nettles cause (the 'doc' is short for 'doctor', I believe). Hmm. Just looked and it's "dock" leaves and apparently they don't actually contain anything, it's just the rubbing action that helps. Well shit, there's another piece of my childhood gone

I guess you could make some nettle tea. Brings a new meaning to teabagging.

Edit: Apparently alkali substances can help with the nettle stings.

Looked it up.
Have seen it countless of times but never new it's name, apparently it's "Tomtskräppa" in Swedish, weird name.
It sems to have a weird name in many languishes, in German it's "Stumpfblättriger Ampfer", I bet no Germans in here knew that.