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August 04, 2024, 05:22:03 AM *
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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (1.4%)
7/28 - 11 (15.1%)
8/4 - 16 (21.9%)
8/11 - 7 (9.6%)
8/18 - 4 (5.5%)
8/25 - 4 (5.5%)
After August - 30 (41.1%)
Total Voters: 73

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26429300 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.)
ChartBuddy
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August 01, 2024, 04:01:14 PM


Explanation
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BitcoinBunny
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August 01, 2024, 04:07:57 PM
Last edit: August 01, 2024, 04:34:20 PM by BitcoinBunny
Merited by JayJuanGee (1)

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.
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August 01, 2024, 04:24:53 PM

xhomerx10
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August 01, 2024, 04:38:13 PM



 I've been feeling it of late.
Paashaas
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August 01, 2024, 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.
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August 01, 2024, 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.
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August 01, 2024, 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
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August 01, 2024, 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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August 01, 2024, 05:01:14 PM


Explanation
Chartbuddy thanks talkimg.com
ChartBuddy
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August 01, 2024, 06:01:16 PM


Explanation
Chartbuddy thanks talkimg.com
uneng
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August 01, 2024, 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.
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August 01, 2024, 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.

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August 01, 2024, 06:47:57 PM
Merited by vapourminer (1)

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.

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August 01, 2024, 06:52:52 PM
Merited by vapourminer (1), Hueristic (1), JayJuanGee (1), bitebits (1), psycodad (1), OutOfMemory (1)

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.
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August 01, 2024, 07:01:14 PM


Explanation
Chartbuddy thanks talkimg.com
modrobert
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August 01, 2024, 07:05:31 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.

All things considered, feels pretty good being "ignored", guess I'm not a virgin anymore. Wink

Regarding reasons for dump, it seems like the bulk of the MtGox selling is over, which feels positive.

I sometimes forget this thread is more about Bitcoin promotion and holding rather than "Wall Observer BTC/USD", so when finally sitting on some useful information, didn't even realize it was adding to the FUD when sharing it (assuming that's the reason for the "ignore" part). Will try to remember this going forward.
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August 01, 2024, 07:11:12 PM

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.



That goes back a long time. 1980s

There were 2 bombings as I recall.
Hueristic
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August 01, 2024, 07:35:08 PM

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.



That goes back a long time. 1980s

There were 2 bombings as I recall.

83, that's the only one i remember.

Just looked it up and apparently there was a senate bombing as well.
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August 01, 2024, 08:01:14 PM


Explanation
Chartbuddy thanks talkimg.com
eXPHorizon
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August 01, 2024, 08:05:04 PM

Can someone tell me where i can bet on the Male boxer boxing in the Female Category in Olympic games ? Asking 4 a friend ..
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