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

[ChartBuddy]

Explanation
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[ChartBuddy]

Explanation
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[philipma1957]

Telsa has no hand. GB could simply import Chinese evs on the cheap.

IF THEY WANT to hurt Tesla it would,be that easy.

LAST I looked China can build evs that work for 25% of tesla price.

If GB wants to punish tesla it is that easy.

https://electrek.co/2024/03/06/byd-launches-cheaper-seagull-ev-9700-price/

9700 bucks.

BTW if Trump loses Kamala may cut a no tariff deal to fuck Detroit bigly.

Can you imagine the USA flooding the country with Chinese evs at 10k a piece and riasing gas tax 200%

Fun world isn't

[ChartBuddy]

Explanation
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[Biodom]

Telsa has no hand. GB could simply import Chinese evs on the cheap.

IF THEY WANT to hurt Tesla it would,be that easy.

LAST I looked China can build evs that work for 25% of tesla price.

If GB wants to punish tesla it is that easy.

https://electrek.co/2024/03/06/byd-launches-cheaper-seagull-ev-9700-price/

9700 bucks.

BTW if Trump loses Kamala may cut a no tariff deal to fuck Detroit bigly.

Can you imagine the USA flooding the country with Chinese evs at 10k a piece and riasing gas tax 200%

Fun world isn't

Did you even look at those? They look like Honda Fit (discontinued).
With 100% tariff it would be $20K, same as Fit, more or less.
That said, do I think that Model S and X are overpriced?
You betcha, but the cost of sales in China has not much to do with cost of sales in US or GB.

Same with almost any good: cigs, potatoes, medications.
Cars would have to travel on a ship across two oceans to get to GB.

[philipma1957]

Telsa has no hand. GB could simply import Chinese evs on the cheap.

IF THEY WANT to hurt Tesla it would,be that easy.

LAST I looked China can build evs that work for 25% of tesla price.

If GB wants to punish tesla it is that easy.

https://electrek.co/2024/03/06/byd-launches-cheaper-seagull-ev-9700-price/

9700 bucks.

BTW if Trump loses Kamala may cut a no tariff deal to fuck Detroit bigly.

Can you imagine the USA flooding the country with Chinese evs at 10k a piece and riasing gas tax 200%

Fun world isn't

Did you even look at those? They look like Honda Fit (discontinued).
With 100% tariff it would be $20K, same as Fit, more or less.
That said, do I think that Model S and X are overpriced?
You betcha, but the cost of sales in China has not much to do with cost of sales in US or GB.

Same with almost any good: cigs, potatoes, medications.
Cars would have to travel on a ship across two oceans to get to GB.

Obviously I failed to be clear enough. If they really want to hurt Musk

I failed to clarify that means allow China to pay no tariff at all.

Shipping is cheaper than you realize a boat filled with cars is under 2k.

If you flood the UK or the USA with 9700+2300= 12000 a car and raise gas tax Musk is crushed.

I thought I was clear enough that the USA government and GB government could hurt Musk bigly by doing that.

And I assumed I was clear that  would mean 0 tariffs.

But in reading what I wrote I can see someone could miss no tariffs is implied.

[xhomerx10]

[ChartBuddy]

Explanation
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[Biodom]

By the way, bitcoin volatility index is up 3-fold since late June and is highest since April 2023.
https://bitbo.io/volatility/

You can see it in the dailies: constantly up and down 1K-2K.

I am not sure what is the cause, but it could be two large and strong groups of investors in loggerheads or something else.

[ChartBuddy]

Explanation
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[Ambatman]

By the way, bitcoin volatility index is up 3-fold since late June and is highest since April 2023.
https://bitbo.io/volatility/

You can see it in the dailies: constantly up and down 1K-2K.

I am not sure what is the cause, but it could be two large and strong groups of investors in loggerheads or something else.

$1.4 Billion worth of Bitcoin options are expiring today around 8am UTC
And these are usually accompanied by heightened volatility.

https://cryptoslate.com/bitcoin-holds-56k-support-amid-heightened-volatility-as-options-expiry-looms/

[ChartBuddy]

Explanation
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[JayJuanGee]

What does it mean?

I see no little bitcoin rider.. so it must not mean nuttin.  I am guessing.


 

[ChartBuddy]

Explanation
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[Alphakilo]

The perfect conversation starter 

[ChartBuddy]

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[ChartBuddy]

Explanation
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[ChartBuddy]

Explanation
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[ChartBuddy]

Explanation
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[Yucky]

What does it mean?

looks like what skeptics see volatility as. Might easily get stomach ache with this illusion

I see no little bitcoin rider.. so it must not mean nuttin.  I am guessing.

 

you can't see it cause it's just an illusion.