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

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[JayJuanGee]

Additionally, I was struck by the fact that P. Wuille felt that it was important to institute BIP-42, even though, Satoshi's "omission" would not come to play until year 2265, yet, the large apparent loss of bitcoin and, especially, a complete lack of knowledge as to what the current rate of the loss is, did not elicit any response so far.

Btw, this is all long term stuff, we all would probably be gone when it comes to play, totally irrelevant to the current vigorous bull market.
I just thought that, intellectually, it is an interesting area to talk about, but I am pretty much done talking about it.
Let's enjoy the "spoils" of a much appreciated strong bull run.

It's not just long term stuff that does not matter.  If there was a known reissuance of the block reward starting in around 2265 (that could not be fixed - like it was with BIP-42, that bug may well have had affected current price speculations - especially since it is so inconsistent with the current long term bitcoin trajectory of decreasing issuance and even seeming to devolve into negative issuance (due to ongoing loses), as you have already described.

Within two days $35000

mmh somehow I feel you are not very confident with your predictions.  

50k end of June.

Could it be that you are making bullish comments to gain merits?

if you are confident about your predictions, would you be willing to put your money (BTC) where your mouth is?

Would you bet on your "50k end of June" prediction ?

Here we go again... escrow anyone?  

We can already see that there is almost no way that _Hiloveua_ is going to agree to any kind of a bet on the topic, even a symbolic bet.. .. and Gachapin already pointed out that it is not likely that _Hiloveua_ has any conviction about his end of the month numbers.. beyond, perhaps at most, wishening such end of the month numbers to come true... perhaps so he can sell his whole stash, I mean his 0.02063971 BTC

...big ass snip ...

Bitcoin Moving forward at a great speed. Last 2/3 days Bitcoin moving excellently. Near about 13% pumped already. I think now we are in bull market. After Long time Bitcoin price increasing continuously. I Think bear market is passed. Huge positive news coming continuously so bitcoin is pumping. Today i found out a good news i think it will creat positive impact on cryptocurrency market. Brazil’s largest Bank ITAU is joining National Association to Defend Bitcoin and crypto. I think for this positive news crypto market will pump. I wish in future more good news will come for crypto and bitcoin price will more high.

Fuck crypto.

Fuck crypto means fuck all coins including btc

"fuck shitcoins"  is a  better term

JJG while you are a very clever bot reinventing language is not a good way to go.

Oh gawd..  

Leave it to you to want to devolve any kind of potential meaningful conversation into nonsense.. .. Do you have any Ibonds that you want to promote?  Are you still mining doggie coin and Litecoin with the belief that they have good chances of taking over BTC "some day"? #Askingforafriend.  

How's that sale of BTC below $20k going?  have you been able to buy those cornz back yet at supra $20k prices? since it's been a while since we have seen sub $20k BTC prices...

We might not even see sub $20k BTC prices ever again... just letting uie pooie knowie, in case you had not realized that angle (and power) of king daddy.  

[sirazimuth]

heat is a bitch although NJ,USA  has been good so far this year.

NJ? Gotta say, I'd probably be shopping around for cheaper kWH.

we are solar hybrid and have very good power rates

I bet not as good as Texas.


Albeit, one must make sure one is covered for freak cold snaps.
and one's senator buggers off to Cancun.

[JayJuanGee]

Bitcoin is far from the bubble of any sort, but I am turning cautious on the rest of the market:

1. Speculative names had peaked, witnessed by ARKK showing a nice summit.
2. SC will render a decision on student loans on Tue. If they reject student loan forgiveness (as most expect), then the logical direction is down for a bit.
3. Fed reserve would not "like" to have a continuation of the bull into rising rates (which they will probably do in July). I expect a small bump in some inflation number, which would give them the "go ahead" signal for 0.25 or maybe even 0.5 ("one and done"). BOE went for a 0.5% increase recently.

Haven't decided if i want to actively "play" these developments or just stay put.

They all sound good.  But this cat is not a player.. good luck if you want to take positions that may or may not end up panning out.. and surely, I agree with your observation that a decently good chance bitcoin pump (or failure to dump) in the midst of ongoing rising interest rates... must be not very comfortable.. unless they are actually realizing that bitcoin could end up being a kind of savior for them, if they were to start stacking (perhaps covertly?).

Sure feels like we’re back to up only. With leveraged funds entering the mix now I expect a ton of volatility and there are lots of investors who will have reason to pump Bitcoin now. I wish we’d seen a spot ETF first and things like this a year from now, so we’ll have to see how it goes. It seems early for the market to be pumping BTC into a bubble.

I don't think this is the real "up only" bull market pump.  This is probably a usual intermediary cycle pump with afterwards corrections.

We will probably stay around 25k-35k levels (with some wicks) for the next 1 - 1.5 years 1-4.25 months.

FTFY... you will thank me later.   

Please re-launch that chopper @vroom

what do you think about this version of the chopper until we reach a new ath?



edit: please note the incredible small file size, only 67kb

Wow!!!  What an imagination!! 

I like it.. except personally, I think that directionally, it should be winding out, rather than winding in..

........
Let's enjoy the "spoils" of a much appreciated strong bull run.

Agreed!.. Lets enjoy the spoils!

While this run off the bottom has indeed been impressive, I'm not yet counting my eggs.  It feels like the newcomers in the market don't really understand the problems that Bitcoin faces and are instead looking to pump themselves to riches and bonuses.  This will ultimately lead to the failure of Bitcoin.  However, that is a long ways from where we are currently, so for now all you can really do is enjoy the ride and wait until a proper exit point when BTC has reached new all time highs.  That's when I'll enjoy the spoils.  Right now we are still less than half of the way to the recent high, so I'm not excited yet.  I'll start becoming excited when we pass $50K and the FOMO begins anew.

Wow!!  All these years in bitcoin OgNasty and you still neither seem to understand it, and you seem to be spending quite a bit of energies valuing your wealth in the dollars that you are planning to cash out.. ..

Hopefully, for yourself, you don't cash out too many of dee cornz too soon.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Out of mind]

The number of wallets with One Bitcoin or more has reached One Million.

Let’s assume those all belong to different individuals.
(They don’t)

(1M Wallets/8B People)*100 =
0.0125% of the population

You might not have one Bitcoin but neither does 99.9875% of the world.

We are so fucking early.
Keep stacking.
https://twitter.com/Boomstick44/status/1671841765559615488?t=ZL4JJP1nEgNojZsZgGwkpg&s=19

[d_eddie]

I don't think this is the real "up only" bull market pump.  This is probably a usual intermediary cycle pump with afterwards corrections.

We will probably stay around 25k-35k levels (with some wicks) for the next 1 - 1.5 years 1-4.25 months.

FTFY... you will thank me later.   

They will escrow this for you... ^^

I Know I'm a Newbie and I probably don't understand, but... I has been checking all the charts including my Calendar...
And I's almost certain, 99.9%, we're following the 2023 pattern!!! Bank on it!

well if that is the case how about 103 in 23?

... if you escrow this for them ^^




Incidentally, this is a good call IMO:

Please re-launch that chopper @vroom

what do you think about this version of the chopper until we reach a new ath?

I like it.. except personally, I think that directionally, it should be winding out, rather than winding in..

[hisslyness]

I doubt that much of any of these disappearing bitcoin's was my theory....

That reply was directed at Biodom, I just included your post for reference.

I think you and I are on the same page with this one...

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[hisslyness]

........
Let's enjoy the "spoils" of a much appreciated strong bull run.

Agreed!.. Lets enjoy the spoils!

While this run off the bottom has indeed been impressive, I'm not yet counting my eggs.  It feels like the newcomers in the market don't really understand the problems that Bitcoin faces and are instead looking to pump themselves to riches and bonuses.  This will ultimately lead to the failure of Bitcoin.  However, that is a long ways from where we are currently, so for now all you can really do is enjoy the ride and wait until a proper exit point when BTC has reached new all time highs.  That's when I'll enjoy the spoils.  Right now we are still less than half of the way to the recent high, so I'm not excited yet.  I'll start becoming excited when we pass $50K and the FOMO begins anew.

"Lets enjoy the spoils" doesn't necessarily mean selling Bitcoin right now and buying a lambo!... Some of the spoils could be satisfactions knowing your DCA's are in the green. Your #BTFD moving ahead in the right direction. Your spoil doesn't have to have a physical attribute, it could be, mentally your in a stronger position....

Besides..., I believe we were using that as a way to mutually and respectfully end a conversion. Without throwing around a FUCK YOU like some people have here in the past!

[SamReomo]

If we closely view the current condition of the market then there is a chance of another dip around $28k, but expecting $35k is also a nice dream for many of the Bitcoin investors. Let's see what's going to take place in the market in coming days. I hope the condition gets better and Bitcoin gets another pump to the price range of $35k.

[Paashaas]

Interesting developments going on. This isn't just infighting, Wagner boss Prigozhin knows the situation in Ukraine is dire for Russia. There must be support inside the Kremlin for a move like this beacause they are fed up from Putin's fruitless policies that dragged the country into a huge mess. Moscow is implementing the Fortress plan, police and military units are summoned that deals with a coup attempt from Wagner group.


https://twitter.com/MarioNawfal/status/1672443335225507840

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[philipma1957]

Interesting developments going on. This isn't just infighting, Wagner boss Prigozhin knows the situation in Ukraine is dire for Russia. There must be support inside the Kremlin for a move like this beacause they are fed up from Putin's fruitless policies that dragged the country into a huge mess. Moscow is implementing the Fortress plan, police and military units are summoned that deals with a coup attempt from Wagner group.


https://twitter.com/MarioNawfal/status/1672443335225507840

So I will wakeup and putin will be overthrown in the morning?

https://www.mirror.co.uk/news/world-news/russian-tanks-moscow-amid-fears-30311462

[Out of mind]

As expected, #Bitcoin is exploding upwards after retesting the Moving Average Ribbons as support

When this happens, well... you can see what comes next

Data is pointing to a strong bull run on the brink and the best is yet to come

I have to repeat, this is only the beginning
https://twitter.com/CryptoCon_/status/1671867280232263681?t=64Y7qUg8pziJL5PWRJcjGA&s=19

[ChartBuddy]

Explanation
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[Learn Bitcoin]

Please re-launch that chopper @vroom

what do you think about this version of the chopper until we reach a new ath?



edit: please note the incredible small file size, only 67kb

Ahaam. I mean, Why only 70 boxes to reach 70K? I want more boxes. 70K should not be a limit  

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com