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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26373459 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
ChartBuddy
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August 10, 2022, 02:04:51 PM


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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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August 10, 2022, 02:13:28 PM

NEW - Iran’s Deputy Minister of Trade: Bitcoin and crypto will be widespread in foreign trade by September .


Source: Bitcoin Magazine.
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August 10, 2022, 02:31:24 PM
Merited by El duderino_ (5), AlcoHoDL (2), Torque (1), julian071 (1)

That's a nice stiffy!

Boring noise.

Wake me up at $30k.
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August 10, 2022, 03:01:23 PM


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Torque
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August 10, 2022, 03:02:25 PM
Merited by El duderino_ (4)

Inflation figures get released and BTC reacts right away once again

Yeah but, more confirmation that Bitcoin is now tied to the stock market melt-up.

A bit sobering if you ask me.
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August 10, 2022, 03:11:52 PM
Merited by El duderino_ (17)

this report..its likely not great...but everyone knows this and I think it mostly priced in
I will have to dissagree with that, if the report is anywhere under 9.1% (which is very probable) then that's good news and the market will recover after.

+2 WOsMerits


you were correct....coming in at 8.5% surprised quite a few..myself included

i still think planning on and accepting a 9% loss on your wealth every year is unattainable

bitcoin fixes this


---------------




Whoaza!!!


That's one brave (and perhaps skilled) cat.. yet he is not running a very sustainable game.. me thinks.


Tables can turn any time



+1 WOsMerit

and often do


-------------


From the first case, the young crocodile was hunted by the giant cat or tiger as the name maybe while the later end from the second clip is the strong crocodile preying on  the young tiger, definitely situations can change all-round, but isn't this in the reality of what we faces as human, the rich and strong stepping on the timid and oppressed ones and feasting on them? All in the name of making a survival.


+1 WOsMerit



--------------


Quote
Tables can turn any time

it is not Tiger. It is a Cheetah. Cheetah is not fighter. Cheetah is fast and hunter but not figher. btw in this video if you look more close Cheetah attention was to cameramen because of that it lost control otherwise croco never able catch a fast cat like cheetah, cats are more clevers than corocos.

In first video above it is Jaguar which is always hunting to crocodiles. Jaguars favorite launch is crocodiles and they manages to hunt even more bigger crocodiles than itself are.


+1 WOsMerit



-------------


Inflation figures get released and BTC reacts right away once again

Yeah but, more confirmation that Bitcoin is now tied to the stock market melt-up.

A bit sobering if you ask me.


+1 WOsMerit
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August 10, 2022, 03:39:19 PM
Merited by El duderino_ (6), JayJuanGee (1), goldkingcoiner (1)


Source


See How BTC Burns.
Who said BTC has no Burning system all the users who forgot their wallets keys all the alredy burned especially wallets from 2010 to 2014.
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August 10, 2022, 03:44:56 PM

this report..its likely not great...but everyone knows this and I think it mostly priced in
I will have to dissagree with that, if the report is anywhere under 9.1% (which is very probable) then that's good news and the market will recover after.

+2 WOsMerits


you were correct....coming in at 8.5% surprised quite a few..myself included

i still think planning on and accepting a 9% loss on your wealth every year is unattainable

bitcoin fixes this

Yup the CPI numbers came out relatively close to the median economic forecast prediction of 8.7%, although what you said is also true those numbers aren't 100% accurate and real inflation is probably higher then what those numbers are saying.

We are likely to enter a period of extreme volatility in both stock and bitcoin prices because no one knows how the Feds will adjust interest rates in response to the inflation figures.
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August 10, 2022, 03:50:42 PM

this report..its likely not great...but everyone knows this and I think it mostly priced in
I will have to dissagree with that, if the report is anywhere under 9.1% (which is very probable) then that's good news and the market will recover after.

+2 WOsMerits


you were correct....coming in at 8.5% surprised quite a few..myself included

i still think planning on and accepting a 9% loss on your wealth every year is unattainable

bitcoin fixes this

Yep, just a lowly 8.5% inflation. Such progress! The world economies are saved!  /s   Tongue  Roll Eyes
ChartBuddy
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August 10, 2022, 04:01:18 PM


Explanation
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August 10, 2022, 04:03:03 PM

Oh cool, I just realised I am legendary. What do I do? Celebrate?

You get to spend some quality one-on-one time with myself at the $100k party, if you catch my meaning.

If you swing that way, that is...

Wait, you're trying to say you're coming to the 100k party? I thought you mentioned several times here on WO that you're not coming due to opsec issues? Are you giving us a glimpse of hope? Or is this some kind of private party 1 on 1 with goldkingcoiner?  Grin

I might be changing my mind Smiley
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August 10, 2022, 04:04:03 PM
Merited by El duderino_ (7), Agbe (3), JayJuanGee (1)

JUST IN: The number of addresses with over 1 #bitcoin hit a new ATH 🙌
https://twitter.com/BitcoinMagazine/status/1557395957628645376?t=sKhizsYUYylU_mlJxxcv2A&s=19

JUST IN: Lightning Network capacity hits new all-time high of over 4,500 BTC!

#Bitcoin is scaling 🚀
https://twitter.com/BitcoinMagazine/status/1557072732164182016?t=Fhb9Q7vgLxAjfg1QCMi_fA&s=19


This shows that people were aggressively accumulating Bitcoin during the dump.
ChartBuddy
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August 10, 2022, 05:03:26 PM


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philipma1957
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August 10, 2022, 05:31:39 PM

this report..its likely not great...but everyone knows this and I think it mostly priced in
I will have to dissagree with that, if the report is anywhere under 9.1% (which is very probable) then that's good news and the market will recover after.

+2 WOsMerits


you were correct....coming in at 8.5% surprised quite a few..myself included

i still think planning on and accepting a 9% loss on your wealth every year is unattainable

bitcoin fixes this


---------------




Whoaza!!!


That's one brave (and perhaps skilled) cat.. yet he is not running a very sustainable game.. me thinks.


Tables can turn any time



+1 WOsMerit

and often do


-------------


From the first case, the young crocodile was hunted by the giant cat or tiger as the name maybe while the later end from the second clip is the strong crocodile preying on  the young tiger, definitely situations can change all-round, but isn't this in the reality of what we faces as human, the rich and strong stepping on the timid and oppressed ones and feasting on them? All in the name of making a survival.


+1 WOsMerit



--------------


Quote
Tables can turn any time

it is not Tiger. It is a Cheetah. Cheetah is not fighter. Cheetah is fast and hunter but not figher. btw in this video if you look more close Cheetah attention was to cameramen because of that it lost control otherwise croco never able catch a fast cat like cheetah, cats are more clevers than corocos.

In first video above it is Jaguar which is always hunting to crocodiles. Jaguars favorite launch is crocodiles and they manages to hunt even more bigger crocodiles than itself are.


+1 WOsMerit



-------------


Inflation figures get released and BTC reacts right away once again

Yeah but, more confirmation that Bitcoin is now tied to the stock market melt-up.

A bit sobering if you ask me.


+1 WOsMerit

Actually a mixed investment in USA I bonds and BTC means you get a slight win on inflation if you stay in the 7.5 to 8.5% range.

My wife and I can do 20000 usd at 9.25% rate on I bonds and add 20,000 every year.

the I bonds tie to inflation. So my ‘cash,fiat’ is not dropping against inflation.
plus we hold btc,silve,doge in that order.

These numbers 8.5% work for us. Long term for btc looks rosy.
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August 10, 2022, 05:44:32 PM


you were correct....coming in at 8.5% surprised quite a few..myself included

There's always a bounce-back. Good that it's not continuing to rise but, as you say, still way too high to be optimistic for the near future.
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August 10, 2022, 05:48:33 PM


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See How BTC Burns.
Who said BTC has no Burning system all the users who forgot their wallets keys all the alredy burned especially wallets from 2010 to 2014.

Sounds like a change address?

The bitcoin software would generate change addresses in batches so he would have to have made a lot of intervening transactions to have lost out like that.
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August 10, 2022, 05:57:41 PM
Merited by JayJuanGee (1)

It took me few seconds to understand this.



Image source
ChartBuddy
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August 10, 2022, 06:04:56 PM


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August 10, 2022, 06:10:05 PM
Merited by El duderino_ (10)

Today’s LightningNetwork⚡️capacity in Bitcoin (August 10, 2022)

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August 10, 2022, 06:11:21 PM
Merited by JayJuanGee (1)


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See How BTC Burns.
Who said BTC has no Burning system all the users who forgot their wallets keys all the alredy burned especially wallets from 2010 to 2014.

There are lots of bitcoins that are gone forever.

According to this article published in Jan 2021, 3.7 million Bitcoin are probably gone forever.

These days people have full awareness about bitcoin and no one will throw away minted bitcoin but in early days miners took bitcoin forgranted.

Following are some interesting facts about bitcoin supply.

Total BTC in Existence. 19,117,943.75

Bitcoins Left to Be Mined. 1,882,056.3

% of Bitcoins Issued. 91.038%

New Bitcoins per Day. 900

From this 19 million bitcoins minted so far we can say 3 million are gone or burned.

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