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

[Biodom]

Just IN:— US military aircraft SPAR19, carrying Nancy Pelosi, has now landed in Taipei, Taiwan.

China's Su-35 fighter jets are crossing the Taiwan Straits.

as a late night dream....I picture Bob's avatar (mohawk and all) flying through the air equipped with a high quality machete screaming something undecipherable (probably something about everybody not having done a proper ballz exercise with the titanium plates for this occasion).

relax...nobody would do anything...it's all for show.

[ChartBuddy]

Explanation

[In the silence]

Currently at $22.8k.

[Rockstarguy]

I guess Those who always say bitcoin will never recover in every bear market need to cover their face in shame. 😄😄

https://www.facebook.com/BitcoinMagazine/photos/a.298887303499347/5372745932780100/?type=3&app=fbl

[nutildah]

I guess Those who always say bitcoin will never recover in every bear market need to cover their face in shame. 😄😄

Some of my favorite haters are people between 20 and 50 who say "It's too complicated to use."

Bruh, you've had 10 years to start figuring it out.



(first couple years don't really count)

[ChartBuddy]

Explanation

[cygan]

[serveria.com]

In my honest opinion, Bitcoin Bottom is already in. And if it's not yet, then there will be so much blood bath.
$30-$31k is a very critical spot to look at.

That is the most depressing thing I have seen all week in my entire life.

FTFY 

[goldkingcoiner]

Breaking (but not surprising) news: Solana Wallets Targeted in Latest Multimillion Dollar Hack. Over 8,000 internet-connected "hot" wallets have been compromised so far, but the source of the attack remains unknown.

[Rockbox1]

People new to the Bitcoin market often wonder during bear times, "Who's doing all the fkn selling?!?!?"

The secret: It's literally a small group of colluding whales, that control all the float rn. Most likely exchange whales.

That's it, that's the secret.

And right now, they are determined to push the price sub $30K. Because they believe that price level is a psyche threshold that paper-handed n00bs care about.

It's all about inducing panic.

https://medium.com/@bawdyanarchist/bitcoin-supply-distribution-c513722e62a8

>RESULTS: 0.9% of persons control about 63% of the supply.
>Again, this is the absolute best possible case. The actual concentration of wealth is likely significantly higher.

[ChartBuddy]

Explanation

[OutOfMemory]

#random

It's surprisingly difficult finding a really high quality machete in stock this time of year.

Can't even get hand-made shit from South America in, timely.

1WP...

PM'd
How fast do you need it?

[ChartBuddy]

Explanation

[JayJuanGee]

[edited out]

Back to ad hominin attacks because why? Because you don't have any real information it's all BS all the time wordy man......
BACK ON IGNORE you go.

Seems like you would not know an ad hominem attack if it slapped you in the avatar.

The fact that I asserted that your proclamations regarding bitcoin mining being the foundation of bitcoin's value were too simple and I pointed out some ways in which to account for other ways to account for value including seven network effects does not become ad hominem merely because I may have used some tonal (and/or patronizing emphases... to attempt the exaggerate how dummie I consider your claim(s) about bitcoin mining as the foundations of bitcoin's value to be, to the extent that you have even adequately and sufficiently outlined any kind of claim that is worthy of consideration.

[ChartBuddy]

Explanation

[Arriemoller]

Time for China to take this wicked old witch out and bring peace back to the world.

China could make show of force if Pelosi visits Taiwan - US
https://www.bbc.co.uk/news/world-us-canada-62386487

You do realize that Taiwan is the legit China right, The US backing down to kommunist Chinas threats of war and invasion would not be good for the US, the world nor the future.

[Arriemoller]

Who do you think controls the supply, DeBeers for example? What dictates the price of Diamonds? Surely the cost of mining determines the rock bottom price regardless of its supply. You should move past Econ 101, maybe start with Dr. Seuss

Who controls the price of Bitcoin? Bitmain, Tether(Bitfinex, willyBot 2.0), and soon Intel

bitcoin no doesn't work like that.

Serious question to you then....What actually gives BTC a value in $...Be specific

Supply and demand, You have already been told that, pay attention.

[Arriemoller]

"It's Putin's fault that we are making so much money. Blame him. Not my fault I had  to turn my indoor swimming pool into a Scrooge McDuck style money diving vault, leave me alone!"

BP sees biggest profit in 14 years as energy bills soar
https://www.bbc.co.uk/news/business-62382624

I have allways wanted one of those.

[ChartBuddy]

Explanation

[LFC_Bitcoin]

"It's Putin's fault that we are making so much money. Blame him. Not my fault I had  to turn my indoor swimming pool into a Scrooge McDuck style money diving vault, leave me alone!"

BP sees biggest profit in 14 years as energy bills soar
https://www.bbc.co.uk/news/business-62382624

Set to go up another 77% for UK homes in October. They estimate peak winter months will be on average £500 per month. I don’t understand how the average family will afford it. I’ve never known a time like this. Diesel is £1.90 per litre, inflation is out of control. How the US Gov can say we are not in a recession I do not know. It’s more likely to become a great depression.

Luckily mostly thanks to being early in bitcoin I will always be fine but I am annoyed at the current world situation.