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

[somac.]

Blocks seem to have slowed down a little more over the last day.

Apparently, 70% of Chinese miners had shutdown by about the 23rd, and by the end of the month that number would be 90%. End of the month right now so might be holding true. We definitely need that difficult change though, good thing transactions are majorly down otherwise there would be a big traffic jam.

I bet the dollar signs in Phil's eyes are spinning right about now with this circa 25% difficulty decrease we are looking at.

My Chinese miner info comes from the following

https://twitter.com/SinoCrypto/status/1407524185228840965

[somac.]

I would hate for CSW to actually be that close to it all.  He is a curse on the whole thing...

It could go some way to explaining how he was able to trick Gavin too

CSW is completely full of shit. I am 100% certain he has had nothing to do with anything relating to Satoshi. End of story.

Besides, I truely doubt Satoshi was more than 1 person.

[ChartBuddy]

Explanation

[Richy_T]

CSW is completely full of shit. I am 100% certain he has had nothing to do with anything relating to Satoshi. End of story.

Besides, I truely doubt Satoshi was more than 1 person.

Inclined to agree. My thought is that CSW is well practiced at his shenanigans and Gavin was naive/star struck enough to fall for it.

[cAPSLOCK]

Prepair for total doom.

One major sell-off shaking out the weakest hands on Earth.

I'm watching, and sure, current rate sucks, but look at the resistance around 30k, that's bullish to me.

Hope i'm wrong. Potential bottom touched serval times now but if it beaks...



Diamond Hands will prevail.

I am no technical expert by any means... but the more tests on resistance...  the less it can be expected to hold.

It does not look like we are done.  It's kind of hard to fathom for me honestly.

[Hueristic]

For example, after 12 March 2020, when the price recovered to 6K, he was confident there will be a pull back to 3K. He failed miserably then, losing a big portion of his wealth. After that, he announced he is retiring.

I've fucked this guy last year and I'll fuck him again.

Did you mention it last year?

I'd love to see that post.

[ChartBuddy]

Explanation

[cAPSLOCK]

I would hate for CSW to actually be that close to it all.  He is a curse on the whole thing...

It could go some way to explaining how he was able to trick Gavin too

I dunno.  I think that really could be a parlor trick.  Even if he did know Satoshi. He seems to spend a lot of time stacking the deck...

Man I dislike the jerkpants fool.

[Paashaas]

Prepair for total doom.

One major sell-off shaking out the weakest hands on Earth.

I'm watching, and sure, current rate sucks, but look at the resistance around 30k, that's bullish to me.

Hope i'm wrong. Potential bottom touched serval times now but if it beaks...



Diamond Hands will prevail.

I am no technical expert by any means... but the more tests on resistance...  the less it can be expected to hold.

It does not look like we are done.  It's kind of hard to fathom for me honestly.

Weak hands sold, this should be it. The second half and the most explosive part of this bull run has started.

                             
https://twitter.com/mskvsk/status/1408729965848375299            

[cAPSLOCK]

Weak hands sold, this should be it. The second half and the most explosive part of this bull run has started.

                             
https://twitter.com/mskvsk/status/1408729965848375299            

Bold.  I like it!

[Lambie Slayer]

LOL to all the newbs selling to the Bargain Boyz.

https://www.youtube.com/watch?v=J0HGtjBTysU

[ChartBuddy]

Explanation

[virasog]

[somac.]

CSW is completely full of shit. I am 100% certain he has had nothing to do with anything relating to Satoshi. End of story.

Besides, I truely doubt Satoshi was more than 1 person.

Inclined to agree. My thought is that CSW is well practiced at his shenanigans and Gavin was naive/star struck enough to fall for it.

Yup.

[somac.]

Blocks seem to have slowed down a little more over the last day.

Apparently, 70% of Chinese miners had shutdown by about the 23rd, and by the end of the month that number would be 90%. End of the month right now so might be holding true. We definitely need that difficult change though, good thing transactions are majorly down otherwise there would be a big traffic jam.

I bet the dollar signs in Phil's eyes are spinning right about now with this circa 25% difficulty decrease we are looking at.

My Chinese miner info comes from the following

https://twitter.com/SinoCrypto/status/1407524185228840965

Counting the blocks from the last 12 hours and we are running at 72 blocks a day right now, that has to be the slowest the network has been. Half what we should be at. Difficulty drop might be closer to 30% when it happens.

Hash rate now at 89EH/s

At this rate I think it will be a week till this epoch is over.

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[JimboToronto]

Explanation

bump

Not quite an honest 3-in-a-row but it still looks good!

Go Buddy go.

[ChartBuddy]

Explanation

[El duderino_]

https://twitter.com/APompliano/status/1408964287918379012?s=1006

Good to see