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

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[BitcoinGirl.Club]

Just noticed, preev is back!
Observing @$19,550



My man ChartBuddy, what tool you are using to make those automated posting?

[Biodom]

OT Benzema finally wins Ballon d'Or..at 35 after a 15 year career..like a wine that gets better with age...alas, it was clearly a swan song.
https://dnyuz.com/2022/10/17/benzema-wins-ballon-dor-after-years-of-waiting-his-turn/

Bitcoin is hanging up there so far, despite all those calls for a "final" plunge.

[El duderino_]

[ChartBuddy]

Explanation

[JayJuanGee]

Just noticed, preev is back!
Observing @$19,550

My man ChartBuddy, what tool you are using to make those automated posting?

ChartBuddy uses the Richy_T tool.

[philipma1957]

OT Benzema finally wins Ballon d'Or..at 35 after a 15 year career..like a wine that gets better with age...alas, it was clearly a swan song.
https://dnyuz.com/2022/10/17/benzema-wins-ballon-dor-after-years-of-waiting-his-turn/

Bitcoin is hanging up there so far, despite all those calls for a "final" plunge.

No worries 13-14k coming up.

[ChartBuddy]

Explanation

[Gachapin]

OT Benzema finally wins Ballon d'Or..at 35 after a 15 year career..like a wine that gets better with age...alas, it was clearly a swan song.
https://dnyuz.com/2022/10/17/benzema-wins-ballon-dor-after-years-of-waiting-his-turn/

Bitcoin is hanging up there so far, despite all those calls for a "final" plunge.

No worries 13-14k coming up.

impressive that you are 100% sure about the (final) low of this cycle.

do you mind sharing some of your insights that make that a done deal for you?

[philipma1957]

OT Benzema finally wins Ballon d'Or..at 35 after a 15 year career..like a wine that gets better with age...alas, it was clearly a swan song.
https://dnyuz.com/2022/10/17/benzema-wins-ballon-dor-after-years-of-waiting-his-turn/

Bitcoin is hanging up there so far, despite all those calls for a "final" plunge.

No worries 13-14k coming up.

impressive that you are 100% sure about the (final) low of this cycle.

do you mind sharing some of your insights that make that a done deal for you?

I made the following prediction in april 2021

70k by may I guarantee it.
so
13-14k by dec 1 I guarantee it.

proudhon will tell you math and science is the key.


if i tell you the math and science do not worry i will want to have to kill you.

so the bottom number is derived from s19 profits.

if you have a 100 th s19 and it burns 3kwatts that comes to

72 kwatts or $4.32 power cost.

at the moment 100 th earns 6.72

so the s19 nets $2.40 a day

that is too good and must get lower. say + or - 25 cents


over the years top line gear never loses much at six cent power.

so The 13-14 number is a very good guess unless the conflict ends unexpectedly.

unless putin dies tonight and the russian vs Ukraine conflict ends. Thats a unicorn as it is very unlikely to occur in the next few weeks. It would mean a massive rally.

[Toxic2040]

OT Benzema finally wins Ballon d'Or..at 35 after a 15 year career..like a wine that gets better with age...alas, it was clearly a swan song.
https://dnyuz.com/2022/10/17/benzema-wins-ballon-dor-after-years-of-waiting-his-turn/

Bitcoin is hanging up there so far, despite all those calls for a "final" plunge.

No worries 13-14k coming up.

impressive that you are 100% sure about the (final) low of this cycle.

do you mind sharing some of your insights that make that a done deal for you?

I made the following prediction in april 2021

70k by may I guarantee it.
so
13-14k by dec 1 I guarantee it.

[philipma1957]

OT Benzema finally wins Ballon d'Or..at 35 after a 15 year career..like a wine that gets better with age...alas, it was clearly a swan song.
https://dnyuz.com/2022/10/17/benzema-wins-ballon-dor-after-years-of-waiting-his-turn/

Bitcoin is hanging up there so far, despite all those calls for a "final" plunge.

No worries 13-14k coming up.

impressive that you are 100% sure about the (final) low of this cycle.

do you mind sharing some of your insights that make that a done deal for you?

I made the following prediction in april 2021

70k by may I guarantee it.
so
13-14k by dec 1 I guarantee it.

much like that image my tongue is in my cheek.

but I do have 5000 ready to buy at 14k

[cAPSLOCK]

OT Benzema finally wins Ballon d'Or..at 35 after a 15 year career..like a wine that gets better with age...alas, it was clearly a swan song.
https://dnyuz.com/2022/10/17/benzema-wins-ballon-dor-after-years-of-waiting-his-turn/

Bitcoin is hanging up there so far, despite all those calls for a "final" plunge.

No worries 13-14k coming up.

impressive that you are 100% sure about the (final) low of this cycle.

do you mind sharing some of your insights that make that a done deal for you?

I made the following prediction in april 2021

70k by may I guarantee it.
so
13-14k by dec 1 I guarantee it.

proudhon will tell you math and science is the key.


if i tell you the math and science do not worry i will want to have to kill you.

so the bottom number is derived from s19 profits.

if you have a 100 th s19 and it burns 3kwatts that comes to

72 kwatts or $4.32 power cost.

at the moment 100 th earns 6.72

so the s19 nets $2.40 a day

that is too good and must get lower. say + or - 25 cents


over the years top line gear never loses much at six cent power.

so The 13-14 number is a very good guess unless the conflict ends unexpectedly.

unless putin dies tonight and the russian vs Ukraine conflict ends. Thats a unicorn as it is very unlikely to occur in the next few weeks. It would mean a massive rally.

remind me in 47 days

[ChartBuddy]

Explanation

[Ami0]

The world's largest custodial bank says 75% of their clients are either investing or considering investing in #bitcoin    and digital assets.

BNY Mellon's clients own $43,000,000,000,000

https://www.coindesk.com/business/2022/10/17/bny-mellon-says-client-demand-for-crypto-led-to-custody-offering/

[JayJuanGee]

OT Benzema finally wins Ballon d'Or..at 35 after a 15 year career..like a wine that gets better with age...alas, it was clearly a swan song.
https://dnyuz.com/2022/10/17/benzema-wins-ballon-dor-after-years-of-waiting-his-turn/
Bitcoin is hanging up there so far, despite all those calls for a "final" plunge.

No worries 13-14k coming up.

impressive that you are 100% sure about the (final) low of this cycle.

do you mind sharing some of your insights that make that a done deal for you?

I made the following prediction in april 2021

70k by may I guarantee it.
so
13-14k by dec 1 I guarantee it.

proudhon will tell you math and science is the key.

if i tell you the math and science do not worry i will want to have to kill you.

so the bottom number is derived from s19 profits.

if you have a 100 th s19 and it burns 3kwatts that comes to

72 kwatts or $4.32 power cost.

at the moment 100 th earns 6.72

so the s19 nets $2.40 a day

that is too good and must get lower. say + or - 25 cents

over the years top line gear never loses much at six cent power.

so The 13-14 number is a very good guess unless the conflict ends unexpectedly.

unless putin dies tonight and the russian vs Ukraine conflict ends. Thats a unicorn as it is very unlikely to occur in the next few weeks. It would mean a massive rally.

Ok Boomer... Largely, Mr. Phil Ma... . You are admitting that you suck ass when it comes to making bitcoin-related predictions and even other kinds of predictions, and you have evidence to show how much you suck at these kinds of prediction-making activities - nonetheless, you continue to feel compelled into getting into specifics based on the seat of your pants formulas describing that momentum will continue in the same direction that it has been going and that you had erroneously employed in the past ..... because you are having funs.

 

In that regard, it's all fun and games, until someone's eye gets poked out.

[philipma1957]

So to be serious 13-14 k is far more likely to happen than putin dying and russia and ukraine ending the conflict from now till mid December.

So I am betting that we drop lower than we are now.

Basically btc is not going to rally unless the fed gives up ‘fighting’ inflation by jacking interest rates.

at this moment in time 330 million x 10000 means 3.3 trillion in 9.62% I bonds are available to us citizens.

New I bond rate comes on nov 1 it will be over 6.6%

since the core inflation rate was 6.6%

so high interest bonds were available from april 2022 to april 2023 and if you lock in right around april 2023 you are good till nov 2023.

if you don’t think printing money in the form of 6.6 trillion available in bond and rates over 8-9% it is a hard fact this is true. and it is a huge push against putting money into btc.

next the diff goes up and up and up ee are looking at btc mining ⛏ imploding very soon. and we lost 20 million a day in eth earnings which helped fuel the spaces for miner.

not done yet.

1.2 trillion in social security is paid out an it is getting a 8.7 percent raise
2.9 trillion in federal pension is paid out and it is getting a 7.7 to 8.7 percent raise

lastly federal salaries are getting a large cola.

so close to a trillion in raises done deal and whatever i bonds are purchased are going to mean over 1 trillion will be printed for the little guy so to speak.

but the fed is jacking the rates up up and away with no effect on inflation.

You think that is make believe no it is not.

I lived from 1973 to 1983 and watched inflation last.

I also paid 7.8% for a mortage in 1992 when i finally could buy a house.

The difference then was the debt was tiny under 5 trillon , but at this point the debt is so mother fucking high I think we will see it spiral upwards to 40 trillion by the 2024 election.

So while you may look at charts I simply say at the moment btc has under 500 billion market cap.

We watched big money play it like a toy. So it is dropping lower or putin dies and the war ends bringing back cheap gas and no inflation.

this is short term outlook.

and I am not betting putin dies and the war ends.
my guess is war moves on and btc takes a dump
(would be nice to lose my bet)

as my mining gear will make money if the war ends and btc rallies.

but having cash ready to buy when the dump happens is what I am doing.

[JayJuanGee]

So to be serious 13-14 k is far more likely to happen than putin dying and russia and ukraine ending the conflict from now till mid December.

So I am betting that we drop lower than we are now.

The more you explain, the worse it gets.

 

[ChartBuddy]

Explanation