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

[SamReomo]

If you are out of your mind you'll sell your Bitcoin
If you are a geek then you will not sell your Bitcoin
The mad doesn't know the market dips
They are sleeping while having oil on their lips
The smart are the ones who will hold their coins
The fools are the ones who have sold their coins
The fools will cry when they go in future
The smart will fly when they go in future
So be a smart and hold your coins
You'll enjoy the life because of those coins

[1714731564]

1714731564

[JimboToronto]

Let’s be honest, nobody thought paying a quarter million dollars for a cartoon monkey picture was going to turn out well. People got FOMO though and jumped in, losing their money. Seems like a case of buyer beware.

Caveat emptor? What a quaint idea. Don't you know that everything should be returnable?

That's the trouble with fiat cash or Bitcoin. You actually have to think before you spend.

[shahzadafzal]

It’s $27.5k and he’s on this level?

Are we headed into the ramen noodles level now?

https://twitter.com/naiivememe/status/1692217418117210608?s=46&t=EYlgQnpcCaCtcz2k1MwkNg

[machasm]

Well there is an almighty push down right now. just went below 25K.
Have we capitulated yet?

[El duderino_]

A…..wtf….. red dildo

[^BuTcH^2]

Whaaaaat happened? 

[El duderino_]

Evergrande bankruptcy?

[goldkingcoiner]

Whaaaaat happened? 

Bitcoin CEO deleted the blockchain

[OgNasty]

Well there is an almighty push down right now. just went below 25K.
Have we capitulated yet?

I haven’t seen the volume numbers yet but it sure feels like capitulation. I think the current market along with the government’s actions to force a recession have taken their toll. Maybe Michael Burry’s bet scared traders into short positions or cash. This was somewhat expected though. Things are going to be choppy from now until the mtgox BTC is distributed and the spot ETFs get approved.

[JimboToronto]

Well there is an almighty push down right now. just went below 25K.
Have we capitulated yet?

25K?  It didn't even make it down to 26K.

$26266 to be exact.

[eXPHorizon]

This is happening Right now on Your Phone and Computer 😁


So funny how Buddy stopped posting 😂😂🤣

[machasm]

Well there is an almighty push down right now. just went below 25K.
Have we capitulated yet?

25K?  It didn't even make it down to 26K.

$26266 to be exact.

My bad. Looked at the Bitfinex exchange instead of bitstamp. Rookie mistake doh!

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[BitcoinBunny]

Farewell and adieu to you fair Spanish ladies
Farewell and adieu to you ladies of Spain
Cause we've received orders for to sail for old England,
But we hope in a short time to see you again.

[philipma1957]

Got a second piece today.

[shahzadafzal]

Well there is an almighty push down right now. just went below 25K.
Have we capitulated yet?

25K?  It didn't even make it down to 26K.

$26266 to be exact.

CMC confirms it dipped to $25,490.11

[philipma1957]

yeah it got to 25.4 on coinbase.  I got some at 26.2

I also moved most of my funds off coinbase shortly after.

this is exciting maybe I can get some bargain gear prices soon.

oh a month plus bart kind of

[Biodom]

Many, including Ben Cowen, were predicting this, by saying: this would happen if we move like in 2019...
I was and still am on the sidelines, just observing for now with no intention of selling.
Time is on the "long" side, though.

Maybe @JJG spoiled it with his unexpected sell at $130K...and we are balancing it out.

I kid, I kid.

EDIT: Btw, Mr market had a severe bitcoin dip in September 2015 just before the start of the real bull of late 2015-2017 (28 mo long, going from $190 to 20K or about 105X)

[philipma1957]

well miners are bullish

https://newhedge.io/terminal/bitcoin/difficulty-estimator


Latest Block:   803675  (3 minutes ago)

Current Pace:   107.8834%  (1308 / 1212.42 expected, 95.58 ahead)

Previous Difficulty:   52328312063443.84                            
Current Difficulty:   52391178981379.36                            
Next Difficulty:   between 56015352780418 and 56565852176709
Next Difficulty Change:   between +6.9175% and +7.9683%
Previous Retarget:   August 9, 2023 at 8:18 AM  (+0.1201%)
Next Retarget (earliest):   Tuesday at 7:45 AM  (in 4d 13h 22m 38s)
Next Retarget (latest):   Tuesday at 10:46 AM  (in 4d 16h 24m 19s)
Projected Epoch Length:   between 12d 23h 26m 50s and 13d 2h 28m 32s

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and bitmain is releasing new gear.

https://www.bitmain.com/wdmsGlobal/Hongkong

the s21

the s21 claims to be first unit under 20 watts a th.

[BTCaesar]

Somewhat older te-post

Only fools are selling now…. 

Elon idiot‘s sh*tX sold BTC….