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

[ivomm]

https://twitter.com/i/status/1572719940301639680

[DudeAtWork420]

Bitcoin has died 461 times and still alive. Means it will never die.

Look at the All time chart and die news. Looking nice.

Can you explain about what you mean by 'Bitcoin has died"? All these red circle refers to every major correction bitcoin has gone through or that is something else?

Every market has its own unique moving patterns. Forex, stock, option, crypto all has something unique in them. In crypto bitcoin has bear season after a bull season. Bear season doesn't mean its dead. Its just the way this market react. Old investors knows this very well and we do not call this dead. We think this as a accumulation zone to increase the size of our bag.

[nutildah]

Bitcoin has died 461 times and still alive. Means it will never die.

Look at the All time chart and die news. Looking nice.

Can you explain about what you mean by 'Bitcoin has died"? All these red circle refers to every major correction bitcoin has gone through or that is something else?

They're just the times media has referred to bitcoin as dead or dying or worthless, etc., which correlate with the internet's general level of interest in bitcoin, which correlates with its price.

[ivomm]

Jamie Dimon saying that Bitcoin is a decentralized Ponzi scheme can’t be good for the price in the short term. Longer term I think this could be the beginnings of signs that we’ve reached bottom. Maybe not the exact bottom, but when you’re looking back on a 10 year chart it will look like the bottom where you should’ve started buying and stopped selling.

To bad the ultimate store of value humanity has ever created depends on the decision of a central bank board (oh, the irony) deciding over a 0.0075 raise in the cost of that fiat shitcoin, and the declaration of such a clown like Jamie Dimon.

While he state that nonsense an army of traders, quants, marketers and sales people of his organisation is marketing cryptos to their customers.

Look at what Jamie does, instead of looking at what Jamie says.

Actually what Jamie Dimon was trying to say is: "Bitcoin is a decentralized network. But JP Morgan together with many other Wall Street institutions are one big centralized Ponzi scheme which is shorting Bitcoin." I couldn't agree more!

[BobLawblaw]

The easiest way is to spent about the same time (minimum) with simple, uplifting activities.

Honestly, the thing that gives me the most satisfaction lately, is becoming increasingly proficient with a John Deere 325G track loader. Spent a solid 8 hours behind the controls last Saturday. We're getting ready for October planting with our neighbor/partner and I'm clearing out about 17 acres of additional hay fields for the guy to grow on - with a root-rake attachment, in addition to handling the burn piles for all the cleaning and improvement work I'm doing to the land.

I should not complain too loudly.

Have been very blessed all things considered.

[ChartBuddy]

Explanation

[348Judah]

With thesame demand for required energy needed for bitcoin mining to economize the whole process, Russia has finally supported the legalization of mining bitcoin in some of it regions with abundant and sufficient energy required for the whole process, this was a statement made by the Russians state department, it was ascerted to be allowed to make some earnings in doing so, PoW is the standard for bitcoin mining and the energy required is never a threat in supply, more are coming up into the system after realizing bitcoin environmental friendliness.
https://twitter.com/BitcoinMagazine/status/1572561694005796868?t=BYbw7TKGzUnGXERas3XDWg&s=19

[Gachapin]

Are you bringing fiber to a remote Texas rural community

I have all sorts of grandiose ideas I look forward to entertaining once the barn is livable. Should be getting a quote any day now to build out the interior. Doors and windows have been ordered. Already has the garage doors installed.

Truth be told, they already have a pretty decent fiber run up the main highway closest to us, so should not be a problem running it out to the barn. Then during phase 2, run it to the house/studio/museum as well.

I'll cross those "grandiose bridges" as our base slowly expands. Had to already scrap and re-think many plans already, and hoping I don't need to sue our builder. Lawyer is presently building a case should they fail to fix a problem with a half mile stretch of concrete they poured - a very costly mistake on their part that they need to fix due to FEMA floodplain issues they've created.

Grief.

I can't stand life, lately. Too fucking complicated. I'm a simple fucking man at heart.

couldn't help myself   ...but this one came to my mind (especially the ending):


MADtv - ...
https://www.youtube.com/watch?v=DTF5edxtPFw

[Republikcoin.com]

Yall think we can break 20k again today ? after the "somewhat" bullish interest hikes report ?

I don't think it's happening today even though the current Bitcoin price isn't that far from $20K, but so far it's still not at $20K and I don't think about what you're saying because for $20K the price on Bitcoin is something that has been seen very often in today's market conditions. So it's better to think of something else than to think of a price of $20K which is definitely not going to be difficult for Bitcoin to hit within this month.

[ChartBuddy]

Explanation

[DudeAtWork420]

Yall think we can break 20k again today ? after the "somewhat" bullish interest hikes report ?

I don't think it's happening today even though the current Bitcoin price isn't that far from $20K, but so far it's still not at $20K and I don't think about what you're saying because for $20K the price on Bitcoin is something that has been seen very often in today's market conditions. So it's better to think of something else than to think of a price of $20K which is definitely not going to be difficult for Bitcoin to hit within this month.

If 20k was the bottom then the price of BTC would have already gone up by now. History says BTC never stayed to its bottom for a week. It bounces back very quickly from its bottom. Also visiting multiple times under 20k and staying there for such a long time indicate that investors are not ready to buy BTC at these levels. Probably they are waiting for more down.

[Crypt0S0ul]

Take this, ChartBuddy!!!  



Forum rank never was important to me, but after i discovered this, i was stoked and felt quite excited and proud for some moments  

Huh? Did you rank up today?
I thought you were Legendary for a long time. At least from the beginning of my WO observation, I didn't notice that you lacked activity. BTW, A Warm Organe BTC Congratulations to you. Enjoy your rank up and spread your happiness with everyone.

[ChartBuddy]

Explanation

[Crypt0S0ul]

Jamie Dimon saying that Bitcoin is a decentralized Ponzi scheme can’t be good for the price in the short term. Longer term I think this could be the beginnings of signs that we’ve reached bottom. Maybe not the exact bottom, but when you’re looking back on a 10 year chart it will look like the bottom where you should’ve started buying and stopped selling.

Fuck you Jamie Dimon.
You Dick Head.
I don't want to say anything else.

[El duderino_]

[gallianooo]

Yall think we can break 20k again today ? after the "somewhat" bullish interest hikes report ?

I don't think it's happening today even though the current Bitcoin price isn't that far from $20K, but so far it's still not at $20K and I don't think about what you're saying because for $20K the price on Bitcoin is something that has been seen very often in today's market conditions. So it's better to think of something else than to think of a price of $20K which is definitely not going to be difficult for Bitcoin to hit within this month.

If 20k was the bottom then the price of BTC would have already gone up by now. History says BTC never stayed to its bottom for a week. It bounces back very quickly from its bottom. Also visiting multiple times under 20k and staying there for such a long time indicate that investors are not ready to buy BTC at these levels. Probably they are waiting for more down.

I'm also not sure if we bottomed yet.. But your explanation is wrong.

Look at the end of 2018 BTC chart. BTC was staying at the 3K level (bottomed) for 3 months (december 2018 till march 2019).

[Mbitr]

Take a break from the WO 

Free raffle for some Bitcoin stickers over in collectibles

https://bitcointalk.org/index.php?topic=5414272.40

Good luck all 

[Crypt0S0ul]

Yeah. That's not rocket science to understand why Bitcoin is far better than fiat.
But, there is always some Dick-Head around us like Jamie Dimon. You won't be able to explain or make them understand.

[ChartBuddy]

Explanation

[xzy887]

Are you sure?

Are you sure?

Are you sure that you are in the right thread?


Bitcoin? 

Have you heard of it? $19k is not very weighty at all.


Had you noticed that the BTC price has been below the 200-week moving average for more than 3 months?  Which means that $19k is hardly weighty at all.



O.k..

Maybe you have been reading too many reddit threads?  or mainstream media renditions of BTC price dynamics?

Or would you rather get a bat slappening?  That might help?  Maybe?  That is if you are helpable.

I am wondering.

Are you helpable?

I know, I'm in the right thread. It's just me talking about the btc situation. I am not saying for sure that btc will come to 16k. actually btc is only hovering between 19k to 22k this year. And this year I can't see any improvement in Btc. How long will Btc hold 19k? If the Btc doesn't go up, then there will be a possibility of it going down.