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

[BitcoinBunny]

Imma buy dollarz. They so valuable. Dollarz so good. Dollarz....




Good man, make up for our mistakes, oh sorry, make up for your mistakes, nothing to do with us. Anyway, carry on.

[1713863637]

1713863637

[1713863637]

1713863637

[ChartBuddy]

Explanation

[BitcoinBunny]

.....Now Italy has voted for populists in the hope they can do something. That will end it tears, most probably.

Gee, I wonder why??


https://en.wikipedia.org/wiki/Demographics_of_Italy

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[shahzadafzal]

I heard you guys like to talk about 200-week moving average.... ok but to me bitcoin is different may be this is is good for stocks but you can't put those formula here to get similar results anyway still its a good graph for the eyes staying below the line like how many? 3-4 months now?

How about a dip to 12k-14k and then 10x?


https://twitter.com/100trillionUSD/status/1574335198682316800

[shahzadafzal]

.....Now Italy has voted for populists in the hope they can do something. That will end it tears, most probably.

Gee, I wonder why??


https://en.wikipedia.org/wiki/Demographics_of_Italy

Those stats for Jan 2021... latest 2021 says "There are, as of 2021, 6,262,207 Foreign-born residents, accounting for 10.6% of the total population."


That will be the first right-wing government in Italy in like 100 years.

ROME — Italians have elected their country's most right-wing government since the end of World War II. That's no small matter in a country that has had 69 governments since 1946.

https://twitter.com/wierdduk/status/1574278032411467780

[ChartBuddy]

Explanation

[gallianooo]

Budapest, Hungary
https://www.google.com/maps/@47.5606807,19.0546053,3a,20.4y,232.5h,87.92t/data=!3m8!1e1!3m6!1sAF1QipOB2-nj7rad8O6oP86trUsMrqpKz3As35Ff46g!2e10!3e11!6shttps:%2F%2Flh5.googleusercontent.com%2Fp%2FAF1QipOB2-nj7rad8O6oP86trUsMrqpKz3As35Ff46g%3Dw203-h100-k-no-pi0-ya316.05377-ro-0-fo100!7i6080!8i3040

You also have the BITCOIN BAR there in city center : https://www.facebook.com/bitcoin.bar/

But they dont accept bitcoin payement (or any crypto)  

This is all the logical of this country. The same regarding the Satoshi Statue.. and on the other side, still "middle age" regarding BTC (or crypto).

At least, the only recent progress : Government put from this year  a 15% flat tax on BTC gain (or crypto in general), with a penalty tax amnesty for the last 5 years (after it's prescription there),if you declare all your BTC gain for 2022 and the past 5 years.

You have better options in Europe, but still correct regarding most of them.

[fillippone]

.....Now Italy has voted for populists in the hope they can do something. That will end it tears, most probably.

Gee, I wonder why??


https://en.wikipedia.org/wiki/Demographics_of_Italy

In reality, it has little to do with it.
It's the dividend of being at the opposition during the difficult time of the COVID and energy crisis.

But good luck to Giorgia Meloni and his friends this winter, when things will inevitably heat up! (pun intended!).

[ChartBuddy]

Explanation

[gallianooo]

It is quite unlikely that the amounts would get any higher if I am involved in the bet, but if other members want to get into our bet, then the amounts could get higher, and maybe even we could reach gallianooo's wish for a 1 BTC bet, but really I am suspecting that he is proposing a 1 BTC bet because he is trying to get out of actually making a real bet.. .that's my tentative speculation why he proposed (I was going to say "that dweeb" but I will be nicer, for the moment in order to keep the dialogue open.. . hahahahaha) a 1 BTC bet amount. blablabla.

JJG...

You really speak TOO MUCH, and you are moving around...

Yes, i said 10%+ chance for 10K$ below and obv. we dont have the bottom yet.

Then YOU started to talk for a bet. You talked as well about 14K$, then bit more, but not on the 16-17K$. I just did an average of what you said (16.5+14)/2=15,250

We are both in BTC since almost 8years or more. Come on, we are not at the kinder garden to bet the snack break... I'm quite disappointed of what you said after being kind of swagger but wants to bet some peanuts.

So maybe next time, stay away on these kinds of affirmation and proposition.

Have a good one'

[ChartBuddy]

Explanation

[ivomm]

Almost an year ago on 1.May.2021 the EUR/USD was 1.22. And now it is 0.966, which is a 20.8% crash! If BTC/USD is unpredictable in the next 2.5 years, even more unpredictable is BTC/EUR which is way more important for us the EU citizens. I mean, after 1 year there might be still the same circumstances in play and EUR/USD be even lower. Or the war be over and EU economy gets stronger. So, it is quite possible that in 2 years EUR/USD will be again above 1.20. And if the bear market continues and we bottom at 15K-ish that would mean extremely low prices in EUR like 10K-ish. This is the worst case scenario from hodler's perspective and the best from hardened EU DCAers. Or, it may happen exactly the opposite - disbelief rally to 40K+ paired with EUR/USD around 0.8. Which means getting closer to a new BTC/EUR ATH in a bear market!  

tl;dr. There is absolutely no way to reliably predict BTC/EUR, so better be prepared for both scenarios. This is applied similarly to BTC/GBP.

[cAPSLOCK]

I usually have some idea where we are headed.  I am frequently wrong.  Lol.  But I have no idea right now.  World currency markets... China commanding central banks to start buying stocks... rumors of coups, populist victories in the EU, markets in major flux.

Bitcoin kicking out blocks ~10:09  minutes each...  hashrate near ATH.

Cornfused.  Ah well, my strategy remains the same, lol.

[ChartBuddy]

Explanation

[philipma1957]

I usually have some idea where we are headed.  I am frequently wrong.  Lol.  But I have no idea right now.  World currency markets... China commanding central banks to start buying stocks... rumors of coups, populist victories in the EU, markets in major flux.

Bitcoin kicking out blocks ~10:09  minutes each...  hashrate near ATH.

Cornfused.  Ah well, my strategy remains the same, lol.

https://www.bitrawr.com/difficulty-estimator

Latest Block:   755794  (2 minutes ago)
Current Pace:   98.4479%  (1811 / 1839.55 expected, 28.55 behind)
Previous Difficulty:   30977051760460.06                            
Current Difficulty:   32045359565303.14                            
Next Difficulty:   between 31548393368118 and 31553453190391

Next Difficulty Change:   between -1.5508% and -1.5350%

Previous Retarget:   September 13, 2022 at 3:28 PM  (+3.4487%)
Next Retarget (earliest):   Tomorrow at 8:43 PM  (in 1d 10h 39m 1s)
Next Retarget (latest):   Tomorrow at 8:46 PM  (in 1d 10h 42m 19s)
Projected Epoch Length:   between 14d 5h 14m 32s and 14d 5h 17m 49s

and bitmain is selling a 100th s19 pro for 1900 with a 30% coupon off next purchase

this is a lot like 2018

i am more prepped. we now have put in a 260-280 kwatt solar system.

this will provide 45-48 kwatts 24/7/365

that is 15 to 16 s19 pros with no power cost.

roughly 1500-1600 th

which is now just about 100 usd in btc. since solar is a sunk cost and generous programs ie subsidized money the solar is basically free cost and free power.

so at the shit price of coin right now we will make 36500 worth of btc in the next year or 2 btc

this does not include the other prepaid power or other gear online.

so we are expanding in a bear market with low risk.

when and if the raise the rates ends bull comes back for btc.

but-in the meantime my bond assets are whaling.

I am properly hedge with bond to gear ratios changing as i type.

I also have a huge amount of gpus which are mining at break even have to wait them out for now.

Lot of fun playing with this.

And I have managed to create a huge capital loss for 2022 which will help in future years when I want to cash my holdings.

[cygan]

[ChartBuddy]

Explanation