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

[modrobert]

Crabs, crabs, everywhere.

Aha, there is a name for the pattern, bullish crabs, thanks.

[1714747790]

1714747790

[1714747790]

1714747790

[1714747790]

1714747790

[1714747790]

1714747790

[Farmer Bill]

First glimmer of daybreak. Long working day ahead.

JPM advising investors to hold off buying as there will be corn at $16k, whilst they are busy hoovering up anything sub £35k.

Fake Satoshi perjured himself yesterday and was v happy with the "default" judgement in the London Court, as always there is one law for the poor and no law for the rich.

Same goes for Musk any other person without substantial wealth would have faced the SEC with possible jail time for market manipulation via his tweets.

However I loath that lowlife POS CSW, whilst Musk basks in the sunshine in comparison.

Have a good day all.

[Cryptotourist]

Crabs, crabs, everywhere.

However I loath that lowlife POS CSW, whilst Musk basks in the sunshine in comparison.

The good thing is, that CSW has a dedicated thread on this forum, and you're very welcome to drop by and take a shit.
Fear not, it will get deleted.

[ChartBuddy]

Explanation

[hv_]

compare that to bsv - and the light goes up

[Cryptotourist]

compare that to bsv - and the light goes up

Sweetheart. Who gives a fuck how many addresses you create.

[UnDerDoG81]

Bullish https://www.lookintobitcoin.com/charts/puell-multiple/

[Copetech]

Crabs, crabs, everywhere.

I think they make a cream for that...?

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[Dabs]

Always keep calm and look to the important things

It's been a little bit studied before, but by somewhere between 2030 to 2040 all bitcoin has been practically mined, or close to 99%. The number would be above 20 million but below 21 million, and in fact it will never reach 21 million. Forecasted is something like 20.99 million. The last and final million coins will then take a literal one hundred years.

Actually, by 2024 we have 20.343 million coins, only 96% but still that's the mark.
By 2036 we have 20.917 million coins, about 99.61%.

By 2064 we have 20.999 million coins, 99.99% and then several decades of block rewards below 0.003 BTC per block (and getting smaller), not including transaction fees. It's likely by this point that transaction fees will equal or exceed the coinbase reward by this time, maybe even earlier.

Between 2036 to 2064 or about less than 30 years, the network will mine less than 820k new coins. Then between 2064 to 2140 less than 10k new coins, spread out over several decades.

We don't need to wait until 2099 or 2140 or the "last bitcoin", we'll start seeing stuff happen waaaay before then.

So, just to clarify, technically, not all bitcoin will be mined until a hundred years from now, but practically, you can think of it as already mined within the next couple of decades.

[somac.]

compare that to bsv - and the light goes up

BSV market cap = 3 billion
SHIB market cap = 3.6 billion
DOGE market cap = 34 billion
BTC market cap = 667 billion

BSV, haaahahahahahahahahahahahahahahahahahahahahahahahhahahahahahahahahahahahahahaha hahahahahahahahahhaha.......hahahahahahahahahahahahahahahahahahahahaahahhahaaha hahahahahahhahaah... hv_ don't you ever change bro, the world always needs a laugh.

[Dakustaking76]

compare that to bsv - and the light goes up

BSV market cap = 3 billion
SHIB market cap = 3.6 billion
DOGE market cap = 34 billion
BTC market cap = 667 billion

BSV, haaahahahahahahahahahahahahahahahahahahahahahahahhahahahahahahahahahahahahahaha hahahahahahahahahhaha.......hahahahahahahahahahahahahahahahahahahahaahahhahaaha hahahahahahhahaah... hv_ don't you ever change bro, the world always needs a laugh.

Besides bro hv this ain’t altcoin page.
So stfu with bsv tron and all of them

KingBtC is the one and only

[cAPSLOCK]

Who are these winter people?

[cAPSLOCK]

Have people on the internet lost all capability to think rationally?

I keep reading shit like "The hash rate has dropped significantly, so yeah all Chinese mining has stopped. Miners---they're leaving China."

No, idiot. It could also mean that mining machines in China were just intentionally turned off. Which also implies that they can just as easily be turned back on.

In that scenario, you wouldn't know the difference, nor would you be able to confirm or deny.  

China has proven they are the absolute worlds best at narratives and useful drama.

[ChartBuddy]

Explanation

[Lucius]

Source

We seem to have a small pump in progress, on the way to $40k?

[somac.]

Source

We seem to have a small pump in progress, on the way to $40k? 100k

ftfy

[cAPSLOCK]

If we can bump up past here it's pretty clear to 38k.  But there is no actual volume.

What we seem to have is a bullish small player, retail.  And whales selling .

[Richy_T]

How could you do this???

In a remote hearing today, a judge said that “Cøbra,” the pseudonymous operator of Bitcoin.org, must display a notice on his website about the judgment, pay at least £35,000 ($48,600) in legal costs and remove the whitepaper from his site. Cøbra lost the case through a default judgment; he mounted no defense to preserve his pseudonymity.

https://decrypt.co/74657/bitcoin-inventor-whitepaper-lawsuit-craig-wright-cobra

This will force many to come out of anonymity now.

This is how CSW works he pecks away at official or pseudo official things that will name him as Satoshi and then claim that as evidence that he is. I wouldn't be surprised if he has a certificate for a star named "Satoshi" somewhere next to his suspicious law cert.