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

[Raja_MBZ]

Though I don't hold any BTC, it's good to see it pumping. The leveraged shorters were getting so annoying.

I want BTC to range $25,000-$45,000 multiple times, hard and fast, to teach stupid gamblers some manners.

[1714150725]

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[1714150725]

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[1714150725]

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[1714150725]

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[ImThour]

I want BTC to range $25,000-$45,000 multiple times, hard and fast, to teach stupid gamblers some manners.

People without BTC don't ask BTC to do something. ETH might help you, cheers.

[ChartBuddy]

Explanation

[Farmer Bill]

Bad advice for hodlers (or patient traders) 

If they didn't bought at $29k, they don't deserve at $38k. That's what I meant.
Not sure how it's bad.

Any time is perfect time to buy bitcoin. Buy now thank me later (November - December 2021) 

I agree.

I used to agonize whether to buy at $68 $70 or wait for $64. Same again in the $300s
In the long term it makes no difference, just buy when you have spare fiat, it does not always coincide with a dip.
I just bought BTC 0.25 at $31.5k before the $32k window closed, I was wrong about the window closing that day so bought another BTC 0.25 at $29.6k. That's me out of fiat for months now.

BillyCoiner still waiting for $8k $10k $20k. Poor Billy Nocoiner.

[Elwar]

oh yah...and another 100 milly printing this morning


https://twitter.com/whale_alert/status/1419617834028703745

https://twitter.com/CryptoWhale/status/1419647049729990657

Reading through the lawsuit against Tether detailing its long history of moving money all over the place it reads like a series of moving money from one institution to the next as the institution grows uneasy with having Bitcoin money on its account. So they are constantly moving it all over the place until someone gets tired of them. Every second and third tier money transmitter starts blocking them, they're caught in an ancient system whose gatekeepers are trying to keep them out.

I would not be surprised that they don't have 100% reserves but their biggest problem is having a place to put the money. In the end, they will exhaust all resources. The best thing they could do is do a proof of burn. Where they literally have a neutral third party with cameras verify that they burn the dollars that come in (though illegal) and replace each one with a USDT.

[bitebits]

Investing.com
@Investingcom
🇺🇸EARNINGS THIS WEEK:

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https://twitter.com/investingcom/status/1419288828456562695?s=21


How many of these will report that they bought bitcoin?

If Starbucks, we went from buying coffee with bitcoin to buying bitcoin with coffee.

[fr4nkthetank]

As seen on CNBC 20 minutes ago

"TETHER INVESTIGATED BY DOJ"
-....for bank fraud in like, 2014

hahahahahahaha obviously they committed bank fraud if that is defined by lying to the bank about the crypto aspect of their business, since no banks wanted to do anything with crypto then

I mean, we all have our reservations on tether (why anyone still uses tether in 2021 is a mystery to me vs alternatives)

But, god damn, someone got squeezed and is bleeding $$$, funny timing, dont you think?

[serveria.com]

So here we are standing at the gates of $40k again... 

[Raja_MBZ]

I want BTC to range $25,000-$45,000 multiple times, hard and fast, to teach stupid gamblers some manners.

People without BTC don't ask BTC to do something. ETH might help you, cheers.

...and just who created that rule out of thin air?

[bitebits]

https://twitter.com/CryptoWhale/status/1419647049729990657

https://tether.to/tether-responds-to-bloomberg-article/

Today, Bloomberg published an article based on unnamed sources and years-old allegations, patently designed to generate clicks. This article follows a pattern of repackaging stale claims as “news.” The continued efforts to discredit Tether will not change our determination to remain leaders in the community.

Tether routinely has open dialogue with law enforcement agencies, including the U.S. Department of Justice, as part of our commitment to cooperation, transparency, and accountability. We are proud of our role as industry leaders in promoting cooperation between industry and government authorities in the U.S. and around the world. We remain committed to our customers and the industry-leading technology and transparency that has led to our growth.

It is business as usual at Tether, and we remain focused on how to best serve the needs of our customers.

[ChartBuddy]

Explanation

[cAPSLOCK]

Though I don't hold any BTC, it's good to see it pumping. The leveraged shorters were getting so annoying.

I want BTC to range $25,000-$45,000 multiple times, hard and fast, to teach stupid gamblers some manners.

In my HUMBLE opinion being short bitcoin (which you are by holding assets (USD/GOLD/XXXX) other than it) is gambling.

Who learns a lesson if it powers through 25-45k seemingly not to look back?

What does one have to gain with a ZERO allocation to this kind of asset?

I know you have done quite well in your speculation.  I salute you there... I do not have the nerves to play those games.

[UnDerDoG81]

It will break anyway why the resistance. Give up bears. 45k by Friday.

[cAPSLOCK]

This is a BEAUTY of a bullflag.  It's already up so much, but I do not seeing it stay here for much longer.  



I say 70% chance breaks up which is possibly a run to ~44k (!!)
30% chance we Bart back down ~35.

Those numbers are conservative... I am adjusting for my bias since internally I am way better than 2:1 for.

[LFC_Bitcoin]

It will break anyway why the resistance. Give up bears. 45k by Friday.

They’re fighting hard at the moment. $40,000 seems a THING.

[fr4nkthetank]

BTC "locked" in DEFI is at an all-time high at over 185 000 BTC.  ETH locked in DEFI was rising slightly while the price was dropping to 1750$, which led me to believe this was not going lower.  Both amounts are stabilizing but I think over the month of august/september we will see an acceleration in amounts locked in DEFI.  And remember defi means = locking up capital, borrowing USD, buying more BTC/eth, rinse, repeat.
60k was a first top, real top of cycle will be most likely 90k - 180k depending on how crazy people get.  Probably this speculation season, autumn.  Thats my 2 satoshis

[ChartBuddy]

Explanation

[Hueristic]

But after the 11:46 p.m. alert came in, a ShotSpotter analyst manually overrode the algorithms and “reclassified” the sound as a gunshot. Then, months later and after “post-processing,” another ShotSpotter analyst changed the alert’s coordinates to a location on South Stony Island Drive near where Williams’ car was seen on camera.

https://www.vice.com/en/article/qj8xbq/police-are-telling-shotspotter-to-alter-evidence-from-gunshot-detecting-ai



Looks like I gotta get a silencer for the next drive by!

*your honor there is no way shotspotter caught me I used a silencer!

[goldkingcoiner]

Did I miss you guys seriously talking physics in WO?

[jojo69]

https://gifer.com/859t