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

[xhomerx10]

------$21,000------

21k didn't even last 1 minute ...

I would say it's definitely teasing to sell as soon as we reach 21k... who could refuse fiat at such a great price

 Boom!

 There it goes

 rockets_trains_fireworks.gif

[1714813283]

1714813283

[ChartBuddy]

Explanation

[xhomerx10]

Thank you buddy!  Nice to see you for a change

[WatChe]

------$21,000------

[Toxic2040]

 Boom!

 There it goes

 rockets_trains_fireworks.gif

dyor

4h


D

stronghands

[ImThour]

https://twitter.com/WatcherGuru/status/1545093851492208640

[Biodom]

What are the chances that JWST would detect at least high oxygen at any of it's planetary targets or even evidence of Dyson spheres, perhaps (much less likely)?
If nothing indicating life's presence would be detected, the chances would grow even stronger that there are no tech civilizations in the vicinity (at least).
IMHO, JWST would compensate for the paucity of discoveries (after Higgs) on LHC and give us something really interesting.
It should be fun to follow.

I still think that bitcoin is about to bounce hard, but not going to risk buying options, just hodling.

I'm not convinced Dyson spheres are really possible, but if one existed, wouldn't it be impossible to see it from a distance ?

Yes, I am also not sure, but if Dyson's spheres exist, then they should glow in infrared and infrared is JWST "specialty".

Nice btc bounce...just starting.

[Ludmilla_rose1995]

savage    

------$21,000------

Bitcoin kick again peter schiff balls

[ChartBuddy]

Explanation

[Gachapin]

savage    

------$21,000------

Bitcoin kick again peter schiff balls

even when BTC is at 500k$, he will say it failed...  Schiff is like a windup toy

[ChartBuddy]

Explanation

[Biodom]

One thought about why we suddenly swing up: because the very idea of lending and borrowing cannot be expunged (put in any doubt) from the wall street perspective.
No, no  .
Otherwise, much more than small bitcoin and "crypto" markets would be affected.

[JayJuanGee]

got an email from GOX....

"The Rehabilitation Trustee is currently preparing to make repayments (“Repayments”) in accordance with the approved rehabilitation plan of which confirmation order of the Tokyo District Court was made final and binding on November 16, 2021."

I hope this won't tank the market again. But maybe tptb are speculating on exactly that...  

https://www.mtgox.com/img/pdf/20220706_announcement_en.pdf

Interesting... and funny that it does not give an exact date.  It seems that any final changes of addresses and names have to go into the GOX administrator on or before the end of August and payments would start to go out thereafter.. so either the end of August, or maybe it is better to assume that payments would go out starting in September, and from my memory I recall that a lot of the original GOX coin holders had already sold their claims, so in that regard, there seems to be some kind of a reasonable logical inference that many of those coins could be sold on the market to lock in profits, even though it seems quite dumb to be selling an asset (such as bitcoin) that is at historically low levels (referring to below the 200-week moving average).. even though the BTC price may well be decently above the 200-week moving average by the end of August and/or early September..

Perhaps odds are good for the BTC price being decently above the 200-week by then (end of August/early September), then another question might be whether at that time there is going to be reasonable fear that GOX coins coming onto the market is going to materially and significantly increase BTC selling pressures. I personally doubt that it is a given, even though I do appreciate that some of those entities that bought BTC might have some requirements to lock in profits in dollars, and I don't know if any of them would have either mandates, requirements or even business preferences to attempt to push the BTC price down with the quantity of their coins...

I would speculate that most would rather receive their coins in BTC or Bcash, if they have the option.. but there surely were some clients that had some of their value in dollars at the time that the exchange shut down in late February 2014.

[ChartBuddy]

Explanation

[Gachapin]

got an email from GOX....

"The Rehabilitation Trustee is currently preparing to make repayments (“Repayments”) in accordance with the approved rehabilitation plan of which confirmation order of the Tokyo District Court was made final and binding on November 16, 2021."

I hope this won't tank the market again. But maybe tptb are speculating on exactly that...  

https://www.mtgox.com/img/pdf/20220706_announcement_en.pdf

Interesting... and funny that it does not give an exact date.  It seems that any final changes of addresses and names have to go into the GOX administrator on or before the end of August and payments would start to go out thereafter.. so either the end of August, or maybe it is better to assume that payments would go out starting in September, and from my memory I recall that a lot of the original GOX coin holders had already sold their claims, so in that regard, there seems to be some kind of a reasonable logical inference that many of those coins could be sold on the market to lock in profits, even though it seems quite dumb to be selling an asset (such as bitcoin) that is at historically low levels (referring to below the 200-week moving average).. even though the BTC price may well be decently above the 200-week moving average by the end of August and/or early September..

Perhaps odds are good for the BTC price being decently above the 200-week by then (end of August/early September), then another question might be whether at that time there is going to be reasonable fear that GOX coins coming onto the market is going to materially and significantly increase BTC selling pressures. I personally doubt that it is a given, even though I do appreciate that some of those entities that bought BTC might have some requirements to lock in profits in dollars, and I don't know if any of them would have either mandates, requirements or even business preferences to attempt to push the BTC price down with the quantity of their coins...

I would speculate that most would rather receive their coins in BTC or Bcash, if they have the option.. but there surely were some clients that had some of their value in dollars at the time that the exchange shut down in late February 2014.

I guess shorters will use the news of a confirmed date (which isn't announced yet) to try to dump .

Probably the market will price in the release of the coins, no matter if all or only a few of them will actually hit the spot

[Wilhelm]

Le's see 22k 

[aesma]

What are the chances that JWST would detect at least high oxygen at any of it's planetary targets or even evidence of Dyson spheres, perhaps (much less likely)?
If nothing indicating life's presence would be detected, the chances would grow even stronger that there are no tech civilizations in the vicinity (at least).
IMHO, JWST would compensate for the paucity of discoveries (after Higgs) on LHC and give us something really interesting.
It should be fun to follow.

I still think that bitcoin is about to bounce hard, but not going to risk buying options, just hodling.

I'm not convinced Dyson spheres are really possible, but if one existed, wouldn't it be impossible to see it from a distance ?

Yes, I am also not sure, but if Dyson's spheres exist, then they should glow in infrared and infrared is JWST "specialty".

Nice btc bounce...just starting.

Yeah, I'm reading it was the original thought, that we should look for such things in infrared.

I've liked mega structures since I was a kid, reading Rama then playing the game (the 1996 French one), however a Dyson sphere or even a ring is too big for my brain to wrap around. I guess when we'll be able to build them, our brains will have adjusted accordingly. Something like the space station in Elysium, possibly as a starship to get to other solar systems, would be cool enough for me.

21K, we're rich again !

[serveria.com]

21K, we're rich again !

Speak for yourself!

*opens ramen and pours some hot water in... 

[ChartBuddy]

Explanation

[Krubster]

got an email from GOX....


"The Rehabilitation Trustee is currently preparing to make repayments (“Repayments”) in accordance with the approved rehabilitation plan of which confirmation order of the Tokyo District Court was made final and binding on November 16, 2021."


I hope this won't tank the market again. But maybe tptb are speculating on exactly that...  



https://www.mtgox.com/img/pdf/20220706_announcement_en.pdf

Yes, I also got that e-mail today.

Considering how slow this process has been, I doubt we'll see any repayment this year.