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

[ChartBuddy]

Explanation

[1714276891]

1714276891

[1714276891]

1714276891

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[cAPSLOCK]

Another one bites the dust.

As previously disclosed, the Company’s operating performance and liquidity have been severely impacted by the prolonged decrease in the price of bitcoin, the increase in electricity costs, the increase in the global bitcoin network hash rate and the litigation with Celsius Networks LLC and its affiliates (“Celsius”). As a result, management has been actively taking steps to decrease monthly costs, delay construction expenses, reduce and delay capital expenditures and increase hosting revenues. In addition, the Board has decided that the Company will not make payments coming due in late October and early November 2022 with respect to several of its equipment and other financings, including its two bridge promissory notes. As a result, the creditors under these debt facilities may exercise remedies following any applicable grace periods, including electing to accelerate the principal amount of such debt, suing the Company for nonpayment or taking action with respect to collateral, where applicable. Any such creditor actions may result in events of default under the Company’s other indebtedness agreements, including its two series of convertible notes due 2025, and the potential exercise of remedies by creditors under such agreements.

https://www.sec.gov/Archives/edgar/data/1839341/000119312522270236/d395956d8k.htm


Fuck these centralized fucking farms.

Maximally merited (yeah I use the system as intended because I am a chump) for truth.

[ChartBuddy]

Explanation

[Biodom]

Another one bites the dust.

As previously disclosed, the Company’s operating performance and liquidity have been severely impacted by the prolonged decrease in the price of bitcoin, the increase in electricity costs, the increase in the global bitcoin network hash rate and the litigation with Celsius Networks LLC and its affiliates (“Celsius”). As a result, management has been actively taking steps to decrease monthly costs, delay construction expenses, reduce and delay capital expenditures and increase hosting revenues. In addition, the Board has decided that the Company will not make payments coming due in late October and early November 2022 with respect to several of its equipment and other financings, including its two bridge promissory notes. As a result, the creditors under these debt facilities may exercise remedies following any applicable grace periods, including electing to accelerate the principal amount of such debt, suing the Company for nonpayment or taking action with respect to collateral, where applicable. Any such creditor actions may result in events of default under the Company’s other indebtedness agreements, including its two series of convertible notes due 2025, and the potential exercise of remedies by creditors under such agreements.

https://www.sec.gov/Archives/edgar/data/1839341/000119312522270236/d395956d8k.htm


Fuck these centralized fucking farms.

Maximally merited (yeah I use the system as intended because I am a chump) for truth.

Now trading as CORZ-lite (down to less than 20 pennies).
I will be watching them now, though...if overall environment changes, sometimes formerly 'dead' companies' stock is revitalized (wallstreetbets and GME & AMC?)

[ChartBuddy]

Explanation

[xhomerx10]

Goodness gracious!

 

RIP Jerry Lee.

[ChartBuddy]

Explanation

[sirazimuth]

Goodness gracious!

 

RIP Jerry Lee.

Great Balls Of Fire!

[ChartBuddy]

Explanation

[Rehan Zakir]

Source: https://twitter.com/Bitcoin/status/1586041962292924417?s=20&t=VgZbhP6y_1YWIkw8EEmTUw

[ChartBuddy]

Explanation

[JayJuanGee]

We’re all getting gf’s in 2025…..
@ronin21btc
“Tell me again how you went all in on #Bitcoin  in 2022 anon when everyone else was scared, I love that story”

https://twitter.com/ronin21btc/status/1586004922440421381

The 'scrumptious babe'..."what I am going to do with all those bitcoins"?
PS sorry, not me (re 2025)

Is 20 going to be enough?

Are you tempted (inspired) to shirk your historical whimpiness, Biodom?

[ChartBuddy]

Explanation

[Cryptolove20015]

For only the 4th time in bitcoin's history, the williams % range indicator is in the heavily oversold zone

We therefore classify the current phase as a rare buying opportunity.


Twitter

[Paashaas]

If this plays out Bitcoin will face a modest pump towards ~$100k, dumped back to $60k ore so. Will decouple from stock market by 2024 halving with a glorious mega pump to $200k - $400k.

SPX longterm outlook for the next 4~5 years.

Thank me later.

https://twitter.com/JC_Investment/status/1586029165836632064

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[LDL]

Market bullrun starting but always remember that bullrun always harmful than bearmarket. Bull market indicates people to buy more and potentially they lose money what already they have . On the other hands bearmarket indicates people to not buying and have no potential lose money. So it would be wise to get angry by understanding the market conditions, that is, by understanding the bush.