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

[OgNasty]

Looks like the market is making another push up against resistance in an attempt to finish the month at $30K. Ground is being made but I’m not sure how many tries it will take to break through the sell wall at $29K. I still think it’ll happen, but it might not happen by the weekend. Odds are better than not that it will happen in the next few weeks.

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[psycodad]

After Switzerland came to the rescue of Debit Suisse last week with the noteable amount of total 259 bil CHF it was today announced that the national social insurance (AHV) will have to save money (quite a lot). Both decisions come from the desk of the same minister (Karin Keller-Sutter).

It's ok if old people who have worked their whole life can't afford energy and food if that's the price for keeping that brilliant zombie bank alive.

Classic can't eat as much as I want to puke situation.


Edited to add: That said minister figure was rejecting a tighter banking law after 2008, because she said banks have done enough already and 2008 can't happen again under their new rules.

[Mimiklinton]

 

[ChartBuddy]

Explanation

[HI-TEC99]

After Switzerland came to the rescue of Debit Suisse last week with the noteable amount of total 259 bil CHF it was today announced that the national social insurance (AHV) will have to save money (quite a lot). Both decisions come from the desk of the same minister (Karin Keller-Sutter).

It's ok if old people who have worked their whole life can't afford energy and food if that's the price for keeping that brilliant zombie bank alive.

Classic can't eat as much as I want to puke situation.


Edited to add: That said minister figure was rejecting a tighter banking law after 2008, because she said banks have done enough already and 2008 can't happen again under their new rules.

[ChartBuddy]

Explanation

[LoyceV]

That's bad OPSEC.

[vapourminer]

 "China accuses Canada of smearing its reputation over alleged secret police stations"

 @#$% Canadian bastards!

i would be far more afraid of those damn canadian cobra chickens. they are the stuff of nightmares lol

[somac.]

Hold on, dude.
You are talking about idiots, right?
So, why do you care so much about what idiots are saying about YOU?
Relax, take more care about what's happening inside you, less about what's happening outside of you.
Like, if you remember, when you were a child, completely caught in playing games or whatever, while adults were laughing at you and you couldn't care less about that.
Turn on Real Life Ignore Mode  

  It's never a good idea to ignore an injustice.  Countries don't tolerate it -

https://www.cbc.ca/news/world/china-secret-police-stations-allegations-reaction-quebec-1.6774461

 "China accuses Canada of smearing its reputation over alleged secret police stations"

 @#$% Canadian bastards!

Strange, Chinese Police stations appearing all over the world, lately 
However, what i was trying to say: You can't fight a successful fight by weakening yourself. Anger is decreasing focus, too.
Warriors need to be focused. Like Shaolin monks.

* OutOfMemory thinking of some Wu-Tang tunes

You know if everyone got angry about the mass corruption it would probably be stopped. Revolutions don't happen until enough people get angry and desire change. Being calm about it certainly doesn't change anything. Having said that, chances of things changing even when the entire population is pissed off is low. Putting as much effort as possible into becoming an owner of capital then global citizen is much better for your, and your family's, future.

In my country society has degraded to a quality of life for the masses that is arguably worse than a majority of so called 3rd world countries. But you know what, even though the people complain constantly about it they vote for more of it at every election. I guess this is what we deserve for taking for granted all the benefits that our ancestors fought and died for, and then vilifying them for transgressions that were perfectly normal for the times.

[ChartBuddy]

Explanation

[Negotiation]

Bitcoin price jumps above $28K after 1.5K BTC shorts ‘blown out’



Source.

It is expected that the price of Bitcoin may double from the current price in the next 3 months BTC.

[ChartBuddy]

Explanation

[ibminer]

i would be far more afraid of those damn canadian cobra chickens. they are the stuff of nightmares lol

I had to look it up, hadn't heard of these Canadian geese.. they're scrappy, like BTC lol. 
https://youtu.be/GvkkDRiLYkI?t=85 (the gorilla is hilarious)

[xhomerx10]

Twitter

 What?! No targets?  That's not like him; he must be gravely ill.

[ChartBuddy]

Explanation

[goldkingcoiner]

You should be buying Bitcoin and storing it in your "swear wallet" instead of storing perpetually value-losing fiat coins in a physical jar. If you did that, your swear wallet would be worth more than your "telling people about Bitcoin when I wasn't asked" jar, despite having put less fiat coins into it, initially...   - Just my two Satoshis

[ChartBuddy]

Explanation

[BobLawblaw]

What?! No targets?  That's not like him; he must be gravely ill.

The LUNA tattoo broke him completely.

[ChartBuddy]

Explanation

[OutOfMemory]

Hold on, dude.
You are talking about idiots, right?
So, why do you care so much about what idiots are saying about YOU?
Relax, take more care about what's happening inside you, less about what's happening outside of you.
Like, if you remember, when you were a child, completely caught in playing games or whatever, while adults were laughing at you and you couldn't care less about that.
Turn on Real Life Ignore Mode  

  It's never a good idea to ignore an injustice.  Countries don't tolerate it -

https://www.cbc.ca/news/world/china-secret-police-stations-allegations-reaction-quebec-1.6774461

 "China accuses Canada of smearing its reputation over alleged secret police stations"

 @#$% Canadian bastards!

Strange, Chinese Police stations appearing all over the world, lately 
However, what i was trying to say: You can't fight a successful fight by weakening yourself. Anger is decreasing focus, too.
Warriors need to be focused. Like Shaolin monks.

* OutOfMemory thinking of some Wu-Tang tunes

You know if everyone got angry about the mass corruption it would probably be stopped. Revolutions don't happen until enough people get angry and desire change. Being calm about it certainly doesn't change anything. Having said that, chances of things changing even when the entire population is pissed off is low. Putting as much effort as possible into becoming an owner of capital then global citizen is much better for your, and your family's, future.

In my country society has degraded to a quality of life for the masses that is arguably worse than a majority of so called 3rd world countries. But you know what, even though the people complain constantly about it they vote for more of it at every election. I guess this is what we deserve for taking for granted all the benefits that our ancestors fought and died for, and then vilifying them for transgressions that were perfectly normal for the times.

I disagree, at least to some extent:
Anger is a kind of mental energy, but it's also directed at oneself, comparable to hate.
The point is, you can fight any enemy without anger, but with some positive motivation, just like Robin in those Robin Hood movies...
One credit to our WO troll EXPHorizon, who quoted Conor McGregor that winning is about timing and precision.
Anger messes up both, and it costs a lot of energy.