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August 01, 2024, 07:13:08 PM *
News: Latest Bitcoin Core release: 27.1 [Torrent]
 
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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (1.4%)
7/28 - 11 (15.9%)
8/4 - 15 (21.7%)
8/11 - 7 (10.1%)
8/18 - 4 (5.8%)
8/25 - 2 (2.9%)
After August - 29 (42%)
Total Voters: 69

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26427857 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
Torque
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Today at 03:40:30 PM
Merited by BitcoinBunny (2), vapourminer (1), Biodom (1), El duderino_ (1)

Any OG bitcoiner here who didn't see the Bitcoin Conference 2024 Trump pump-and-dump coming from a mile a way should have your head examined by now.

Any short-lived hype or FOMO "news" is exactly that... short-lived. Always has been, always will be.

Only three mechanisms rule Bitcoin's true price discovery/stabilization anymore:

1. Mining hashrate

2. 200-day moving average

3. Having effects (usually front-ran)

(4. And the float, definitely a factor, but ill-measurable)

All others are short term PnD bullshit.
Gachapin
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Today at 03:40:57 PM

too many noobs waiting for the big pump after the halving. may be delayed until they lose their hope
Hueristic
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Today at 03:44:07 PM
Merited by vapourminer (1)

too many noobs waiting for the big pump after the halving. may be delayed until they lose their hope

After Gov coffers are emptied into Blackrock's pockets.
El duderino_
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Today at 03:49:52 PM

Bitcoin down $6000.

Back to bearish sentiment.

New ATH after U.S elections.

Haha  Cheesy
ChartBuddy
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Today at 04:01:14 PM


Explanation
Chartbuddy thanks talkimg.com
BitcoinBunny
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Today at 04:07:57 PM
Last edit: Today at 04:34:20 PM by BitcoinBunny

Bitcoin down $6000.

Back to bearish sentiment.

New ATH after U.S elections.

I'd like to think so, but it may just be another pump and dump, especially if Kamala Kameleon gets in, which is looking more likely by the day.

It doesn't seem to take much to sway the entire American media system and I'm guessing 51% of the voters.
She's hardly done a thing but the odds are tightening day by day.
None of her presumptive voters appear to be wondering why she hasn't done any of the things she is promising, since she is
currently second in command. But it doesn't seem to matter. Probably many people are happy with more of the same.
Pretty bad what's been going on though I would say (Ukraine / Middle East / Increased drug problems / massive border crossing numbers / the whole pathetic Biden losing his marbles debate thing).
At least Trump talks about these issues. Kamala can avoid them with help from the media it appears.

I think the childish name calling that Trump has reverted back to plays more in the favour of Kamala.
Also I think Gabbard over Vance would have been much better.

But I'm not a political strategist. I just hope internal polling for Trump is looking better than what we are seeing here.

End of the day Kamala as president I don't think will pump BTC much. Trump I suspect would.


But perhaps either is more of a sell the news event and dump soon after as Torque says.
jojo69
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Today at 04:24:53 PM

xhomerx10
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Today at 04:38:13 PM



 I've been feeling it of late.
Paashaas
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Today at 04:54:13 PM

Israel assassinated 2 Hamas leaders increasing tensions in the Middle-East even further especially when Iran retaliate with support from other arab shitholes that will lead to a market meltdown.
OgNasty
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Today at 04:55:00 PM

Any OG bitcoiner here who didn't see the Bitcoin Conference 2024 Trump pump-and-dump coming from a mile a way should have your head examined by now.

Any short-lived hype or FOMO "news" is exactly that... short-lived. Always has been, always will be.

Only three mechanisms rule Bitcoin's true price discovery/stabilization anymore:

1. Mining hashrate

2. 200-day moving average

3. Having effects (usually front-ran)

(4. And the float, definitely a factor, but ill-measurable)

All others are short term PnD bullshit.

The pump and massive buying from Blackrock were necessary to keep mtgox coins from destroying the market. Instead, we’re now getting an orderly selloff that allows bulls more time to stop the bleeding. I personally will be looking to buy when we get around $58K with the expectation that September will be a big month for BTC. I don’t see the price dropping lower than the monthly low of $53K this month even in a terrible scenario.
Biodom
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Today at 04:56:46 PM

Israel assassinated 2 Hamas leaders increasing tensions in the Middle-East even further especially when Iran retaliate with support from other arab shitholes that will lead to a market meltdown.


Thanks..we did not know that  Roll Eyes
Biodom
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Today at 04:59:49 PM

Any OG bitcoiner here who didn't see the Bitcoin Conference 2024 Trump pump-and-dump coming from a mile a way should have your head examined by now.

Any short-lived hype or FOMO "news" is exactly that... short-lived. Always has been, always will be.

Only three mechanisms rule Bitcoin's true price discovery/stabilization anymore:

1. Mining hashrate

2. 200-day moving average

3. Having effects (usually front-ran)

(4. And the float, definitely a factor, but ill-measurable)

All others are short term PnD bullshit.

True...as a comment, I am finding some bitcoiners to be weak minded wussies instead of steely nerve guys/gals I expected them to be.
Maybe in another 4-5 years...
ChartBuddy
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Today at 05:01:14 PM


Explanation
Chartbuddy thanks talkimg.com
BitcoinBunny
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Today at 05:05:22 PM

Israel assassinated 2 Hamas leaders increasing tensions in the Middle-East even further especially when Iran retaliate with support from other arab shitholes that will lead to a market meltdown.


I actually don't think other Arab shitholes want to get involved (even if they are indirectly such as Qatar).

Saudi is busy building massive theme parks etc and wants to attract tourists.

They know most Palestine males have always been trouble and thus never wanted them either.

For the sake of peace in the middle east I definitely think a wacky businessman as US president is always better than a globalist muppet puppet.


Perhaps it all makes sense in a way why the likes of CNN would support the latter. Trouble => Big sensationalist click bait bucks.
ChartBuddy
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Today at 06:01:16 PM


Explanation
Chartbuddy thanks talkimg.com
uneng
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Today at 06:27:59 PM

Israel assassinated 2 Hamas leaders increasing tensions in the Middle-East even further especially when Iran retaliate with support from other arab shitholes that will lead to a market meltdown.
It doesn't seem a great reason to justify the current dump. These guys are being hunted and assassinated all the time. It's more like Bitcoin crashed and news' portals couldn't find any good reason to explain it, so they just used an event which just happened simultaneously to explain the bearish tendency.

Anyway, this dump is very strange. The scenario doesn't look unfavourable for Bitcoin right now... Bitcoin had all the conditions to remain stable around 69,000$ or break the 70,000$ line again.
Hueristic
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Today at 06:34:57 PM
Merited by vapourminer (1)

I traded orders with a guy killed in the Beirut barracks.

It took too long to get this piece of shit.




Its weird how such little things like trading orders can be the difference between life and death.

Paashaas
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Today at 06:47:57 PM

Starting to believe that this is not the place for me anymore.

Even off-topics are not fun anymore.

WO turned into a cult with people what they want to hear.

Initial years where great thought.

El duderino_
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Today at 06:52:52 PM

For me….
The news and a lot of stuff just doesn’t make sense for pumps or dumps… it never has been imho…

I’m already for a long period switched myself into a PERMAmarketcruiser however it is going.

With a bit of planning … wanna switch life in PERMAvacation hombre as well.
ChartBuddy
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Today at 07:01:14 PM


Explanation
Chartbuddy thanks talkimg.com
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