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

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[JimboToronto]

End of another day (UTC) with another lovely green candle.

Go Bitcoin go.


Edit: Also a new ATH (price) and a new ATH (weighted daily average).

Rank   BitStamp  USD/BTC
   1  2024-03-11  71360 USD
   2  2024-03-10  69255 USD
   3  2024-03-09  68393 USD
   4  2024-03-08  68221 USD
   5  2021-11-09  67483 USD
   6  2024-03-07  67191 USD
   7  2024-03-06  66315 USD
   8  2021-11-10  66256 USD
   9  2024-03-04  65970 USD
  10  2021-11-08  65762 USD
  11  2021-10-20  65702 USD
  12  2021-11-15  65064 USD
  13  2024-03-05  65034 USD
  14  2021-11-11  64931 USD
     * * Chart Explanation * *

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[xhomerx10]

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[philipma1957]

tick tock to the moon

[goldkingcoiner]

Whatever dumbassery there is in the legacy media, at least it is very clear that they are still talking about Bitcoin.

Certainly not Ethereum, not Vitalik walking zombie deep eye socket man, not BNB, not Solana and not bearded ape asswiped NFTs.

Other "cryptos" are not even worth mentioning here as they are bound to fall off the radar in a few years whichever position they currently enjoy on coinmarketcap.

Most never even regained their previous highs whilst we have seen BTC's new ATHs. At what point is it not clear to people that they are shitcoins?

Just because it is a shitcoin does not mean it has absolutely no use. You can leverage Bitcoin to short shitcoins and make more Bitcoin . When exiting your position you can figuratively feel the frustration and confusion of shitcoin investors who still have not realized that whenever Bitcoin goes down, shitcoins go down even harder. And shitcoins always go down except during bull markets when they get to ride daddy Bitcoin's coat tails. And if the shitcoiner gets lucky, they own whichever shitcoin is getting pumped on that day(Which totally is not just the devs trying to make their shitcoin look popular by pumping their own money into it, I mean, who would do that? ).

[philipma1957]

Whatever dumbassery there is in the legacy media, at least it is very clear that they are still talking about Bitcoin.

Certainly not Ethereum, not Vitalik walking zombie deep eye socket man, not BNB, not Solana and not bearded ape asswiped NFTs.

Other "cryptos" are not even worth mentioning here as they are bound to fall off the radar in a few years whichever position they currently enjoy on coinmarketcap.

Most never even regained their previous highs whilst we have seen BTC's new ATHs. At what point is it not clear to people that they are shitcoins?

Just because it is a shitcoin does not mean it has absolutely no use. You can leverage Bitcoin to short shitcoins and make more Bitcoin . When exiting your position you can figuratively feel the frustration and confusion of shitcoin investors who still have not realized that whenever Bitcoin goes down, shitcoins go down even harder. And shitcoins always go down except during bull markets when they get to ride daddy Bitcoin's coat tails. And if the shitcoiner gets lucky, they own whichever shitcoin is getting pumped on that day(Which totally is not just the devs trying to make their shitcoin look popular, I mean, who would do that? ).

No shit coin should be purchased or traded for.

Mining them at a profit and quickly converting to btc is the only way to deal with shit coins.

[goldkingcoiner]

Whatever dumbassery there is in the legacy media, at least it is very clear that they are still talking about Bitcoin.

Certainly not Ethereum, not Vitalik walking zombie deep eye socket man, not BNB, not Solana and not bearded ape asswiped NFTs.

Other "cryptos" are not even worth mentioning here as they are bound to fall off the radar in a few years whichever position they currently enjoy on coinmarketcap.

Most never even regained their previous highs whilst we have seen BTC's new ATHs. At what point is it not clear to people that they are shitcoins?

Just because it is a shitcoin does not mean it has absolutely no use. You can leverage Bitcoin to short shitcoins and make more Bitcoin . When exiting your position you can figuratively feel the frustration and confusion of shitcoin investors who still have not realized that whenever Bitcoin goes down, shitcoins go down even harder. And shitcoins always go down except during bull markets when they get to ride daddy Bitcoin's coat tails. And if the shitcoiner gets lucky, they own whichever shitcoin is getting pumped on that day(Which totally is not just the devs trying to make their shitcoin look popular, I mean, who would do that? ).

No shit coin should be purchased or traded for.

Mining them at a profit and quickly converting to btc is the only way to deal with shit coins.

Mining is far less risky as you trade for Bitcoin asap.

But technically that is leveraging as well. Lets say you mine the shitcoin. You still have costs to pay, maybe even have to buy new miners. You pay in Bitcoin and mine shitcoins. So you are already invested in shitcoins for a short while and then you trade them in for Bitcoin. This can go tits up as well, if the price of that shitcoin falls down to 0 and you have not sold them yet. Luna showed us how quickly that can happen. I mean, you are still left standing with the costs.
I agree with you on one thing: Shitcoins should be avoided.

[philipma1957]

Whatever dumbassery there is in the legacy media, at least it is very clear that they are still talking about Bitcoin.

Certainly not Ethereum, not Vitalik walking zombie deep eye socket man, not BNB, not Solana and not bearded ape asswiped NFTs.

Other "cryptos" are not even worth mentioning here as they are bound to fall off the radar in a few years whichever position they currently enjoy on coinmarketcap.

Most never even regained their previous highs whilst we have seen BTC's new ATHs. At what point is it not clear to people that they are shitcoins?

Just because it is a shitcoin does not mean it has absolutely no use. You can leverage Bitcoin to short shitcoins and make more Bitcoin . When exiting your position you can figuratively feel the frustration and confusion of shitcoin investors who still have not realized that whenever Bitcoin goes down, shitcoins go down even harder. And shitcoins always go down except during bull markets when they get to ride daddy Bitcoin's coat tails. And if the shitcoiner gets lucky, they own whichever shitcoin is getting pumped on that day(Which totally is not just the devs trying to make their shitcoin look popular, I mean, who would do that? ).

No shit coin should be purchased or traded for.

Mining them at a profit and quickly converting to btc is the only way to deal with shit coins.

Mining is far less risky as you trade for Bitcoin asap.

But technically that is leveraging as well. Lets say you mine the shitcoin. You still have costs to pay, maybe even have to buy new miners. You pay in Bitcoin and mine shitcoins. So you are already invested in shitcoins for a short while and then you trade them in for Bitcoin. This can go tits up as well, if the price of that shitcoin falls down to 0 and you have not sold them yet. Luna showed us how quickly that can happen. I mean, you are still left standing with the costs.
I agree with you on one thing: Shitcoins should be avoided.

I have been golden with Antminer L7 miners.

I sell all the Ltc instantly and ladder sell doge.

I made more doing this then I ever did mining btc.

look at the history of the L7 it is the best profit making miner since Jan 2021 .

My L7 is pure profit since Jan 2022.

So for two years and two months it is paid off and turning profit for 26 months.

I did not buy the L7s with BTC.

In fact I almost never pay for a miner with btc.

I wait patiently for sellers that allow me to use a CC. So basically no money comes out of pocket.

I also leverage ccs with discounts  and time to pay.

The last L7s were 4k each  on a cc I got 900 rebate and 12 months to pay. plus 1% on the 8k

So 980 in cash back 12 months to pay card. It  is paid off  and I not only never laid out cash I got cash back.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[goldkingcoiner]

I sell all the Ltc instantly and ladder sell doge.

I made more doing this then I ever did mining btc.

How much more profitable is mining LTC than mining BTC, Percentage-wise? Just out of interest.

Also, I would consider LTC an altcoin, but not a shitcoin. It is one of the top 20 coins on Coinmarketcap and has been around for a really long time. You can't really compare the risk of mining a random shitcoin with mining LTC.

[JimboToronto]

You can leverage Bitcoin to short shitcoins and make more Bitcoin . When exiting your position you can figuratively feel the frustration and confusion of shitcoin investors who still have not realized that whenever Bitcoin goes down, shitcoins go down even harder. And shitcoins always go down except during bull markets when they get to ride daddy Bitcoin's coat tails. And if the shitcoiner gets lucky, they own whichever shitcoin is getting pumped on that day(Which totally is not just the devs trying to make their shitcoin look popular by pumping their own money into it, I mean, who would do that? ).

Sounds like tarderism to me.

Just sell all your fiat currencies and other "investments" and cash out to Bitcoin.

Then hodl.

[Toxic2040]

the evening wall report



another massive Monday as bitcoin sets a new ATH @ $72,910

currently trading near $72kish on increasing volumes

GTBC saw a record 494 million in outflows today soaked up by a bid rich market
led by MSTR doubling down with another 800 million purchase
legacy markets remained mixed with the Feds inflation report due out on the marrow
which is likely to fall within estimates of still cooling at 3.1% but still not at their preferred target of 2%
the London Stock Exchange signaling interest in bitcoin related instruments now that the US ETF launch is off to what appears as a resounding success

steady at the helm and lets see where price discovery takes us 
dyor

D



W

stronghands

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Gachapin]

Lol Hex. what a joke.

Richard cunt scamming Heart.

I hereby admit.... I took the airdrop, sold it into his pump and enjoyed several months of luxury holidays... no regrets

[Toxic2040]

re: evening wall report granularity

4h


re: market cap     silvers passed at 1.4 trillion
D

stronghands

[Gachapin]

Wow, congrats to everybody on WO and all bitcoiners elsewhere!
Typically, though, it retraces back to the prior ATH to "kiss it goodbye" before traveling up, but this bull is very strong, so I don't know if this is in the cards.
Maybe, depending on inflation numbers tomorrow.

EDIT: Saylor buying en masse probably depleted Coinbase stash causing them to go offline periodically last week.
EDIT2: There is only one MSTR, but I wonder of someone would not try to mirror their path and use some profitable company, then try to "SPAC" it into MSTR2. Maybe it is not easy to do as Musk tried something like this, but Mr. market did not give Tesla any premium for holding btc.

maybe market saw that Musk didn't really know what he was doing ("bitcoin mining bad" tweets etc..)

This is being the most calm and slow progressing ATH I ever witnessed. Not gonna complain though.

P.S.: In other words... anyone else "miss" the good old violent pumps and dumps?

we just had a 10k dump...  and god and omega candles will certainly appear, but we haven't even gone parabolic yet

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com