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

[hisslyness]

WRT to China, I'll just leave this here...YMMV      

Seem to have went quiet from April 19 - May 21?

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[ChartBuddy]

Explanation

[JayJuanGee]

Max pain here we come. This time I will wait this out. Bought in too early every damn time.

Your sentiments are all over the map, UnDerDoG81.

Sucks to be you.

You surely must be overinvested.

Probably you should sell a wee bit so you can feel MOAR better.

If you are ONLY prepared for one direction.. what does that mean?   Overinvested.  

[edited out]

I expected far more venom and wrath Jay, for indulging eddie13 in mentioning a shitcoin, you are mellowing out too much.

I suppose that my level of wrath could just end up playing out as fairly random.  there are even some members who have purposefully requested batman slaps, so even a bot like me does not really know for sure how to approach some of that.

But totally agree this is not the place for too much discussion on shitcoins.
I have followed and shared in every turn of Bitcoin for years and and again must agree there is never a dull moment.
Even in the days when tumbleweed gifs adorned the pages as frequently as chartbuddy.

There surely can be moments of extended empty spaces in this thread, even though it does seem that we have built a pretty decent sized of intelligent participation in this thread.. and also very lovely, sometimes, when some of the old-timers come back and give us a "where have I been" update... even proudhon was missed until he kind of wore out his welcome, that repetitive numbskull twat.

It is a constant source of entertainment and unexpected and not so unexpected twists and turns.

For sure.

Who would have thought last Friday in the month that MSM would dish up out of date China FUD again, and what tickles me most is how many react to it right on cue. The dump started right on 08:30 UTC when the options were due for settlement.  

Coincidence?

[hisslyness]

And perfectly timed to the dip somebody pushed about 6MB worth of 1sat/b transactions into the mempool:



https://jochen-hoenicke.de/queue/#BTC,8h,weight

Interesting... (and no, I don't think these are panic sellers sending their corn to exchanges)

(My lightning funding tx can wait a few hours, easy-peasy..)

Maybe Bob opening up LN channels….

[eddie13]

And perfectly timed to the dip somebody pushed about 6MB worth of 1sat/b transactions into the mempool:



https://jochen-hoenicke.de/queue/#BTC,8h,weight

Interesting... (and no, I don't think these are panic sellers sending their corn to exchanges)

(My lightning funding tx can wait a few hours, easy-peasy..)

Maybe Bob opening up LN channels….

An exchange thought it looked like a good time to consolidate inputs?

[El duderino_]

Some good news

[JayJuanGee]

WRT to China, I'll just leave this here...YMMV    

Where's the link for this?

[ChartBuddy]

Explanation

[JSRAW]

WRT to China, I'll just leave this here...YMMV    

Where's the link for this?

https://twitter.com/1337_pete/status/1441374778544115728

[Baofeng]

And China bans crypto, Lol,



https://twitter.com/CrypDay/status/1441396847516413964/photo/1

We should get all bullish about it.

[El duderino_]

If you sell your #bitcoin  because an authoritarian government doesn’t like it, you don’t understand https://twitter.com/linaseiche/status/1441383072566374406?s=21

[ChartBuddy]

Explanation

[El duderino_]

https://twitter.com/lilmoonlambo/status/1441335023920037888?s=21

Aged memes new standard.
PBOC, bans…
Bitcoin yet again.

[El duderino_]

 

[LFC_Bitcoin]

@bobbyclee
Don’t panic: #China has just banned #Bitcoin  again!

This time, the ban targets trading on offshore exchanges (using VPN), as well as using local agents or OTC services to exchange from CNY to & from USDT.

As bad as this may sound, it’s actually NOT the last nail in the coffin!
https://twitter.com/bobbyclee/status/1441349127632154638?s=21


@bobbyclee
And for the curious:
Yes, I still stand by my prior prediction that we will indeed see another bull market #Bitcoin  rally by the end of this year. It’ll be a huge FOMO rally, pushing $BTC prices to above $150k, likely over $200k or $250k. And maybe even a chance to hit $333k!
https://twitter.com/bobbyclee/status/1441354185841135622?s=21


@bobbyclee
#China banning #Bitcoin  is ALWAYS a great catalyst for a bull market run for $BTC.

Who remembers China’s bitcoin exchange ban in Sep 2017? The bull market rally that followed was EPIC!

So glad to see China #PBOC helping to let Bitcoin history repeat itself again in 2021. 😁😁
https://twitter.com/bobbyclee/status/1441357172122603524?s=21


@bobbyclee
Also, mini flash crash that followed the Chinese PBOC announcement is just that: small, and short.

I wouldn’t be surprised if $BTC quickly recover to the $44k level as before the news came out today.

You cry wolf too many times, the markets stops believing you.
https://twitter.com/bobbyclee/status/1441460577973334016?s=21




SEND IT…..

[cAPSLOCK]

I'm pretty sure these contradictions were beaten up in various CSW related threads on this forum
such as this one:

SCAM: Bitcoin SV (BSV) - fake team member and plagiarized white paper


or this one
   
Craig Steven Wright is a liar and a fraud - Tulip Trust addresses signed message

Those scam threads are always a good read... "You will now discover me when pissed off".  Yes.  That's exactly what Satoshi sounded like in his posts.  Lol.  (Actually there are a few people who are smart enough to be him that are involved with crypto that DO sound like him but CSW is NOT one of them lol)

But there was a Phinnaeus Gage post in there.

That gave me a sad.

[El duderino_]

F***ing Bobby the n00b

Hope he’s right for the first time of his predicting career

Used to be on the wrong side of the table, like always

[LFC_Bitcoin]

F***ing Bobby the n00b

Haha made me smile

[OutOfMemory]

China's pseudo-communistic government is diametrically opposed to Bitcoin, ideology wise.

Understanding and believing in Bitcoin must feel to fiat evangelists like a gender conversion.
What's the analogy again...?
Well, it's not a matter when they will do it, but a question of when is the pain high enough that they'll have to do it.

EDIT: added details. english probably still a bit sketchy, though...

[cygan]