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Question: Is the "bear market" over?
Yes - 24 (37.5%)
No - we need to sweep the low again - 11 (17.2%)
No - we need to set a new low first - 19 (29.7%)
No - other (explain below) - 10 (15.6%)
Total Voters: 64

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26989318 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 1 users with 9 merit deleted.)
ChartBuddy
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June 16, 2026, 06:02:34 PM


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June 16, 2026, 07:02:35 PM


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Rebirth01
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June 16, 2026, 07:41:30 PM

[...]

TRUMP has 33 million loyal voters in his pocket.

After everything he's done for to the US, there are still so many of them? From what I can see, his disaprove rate is currently at 57%. However, I believe that many of these voters do not know what is actually happening in the world and the US, and they simply like the way the president communicates.

FTFY.
33 million loyal voters? Trump will not get up to that number because of the war he declared with Iran. The US has lost huge amount of dollars to this Iranian war because money the US would have put in to the US economy was wasted by President Donald Trump. I foresee voter apathy against him if he seeks reelection. Most of his 33 million voters are not happy with him because the war he started brought untold hardship on the US citizens.
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June 16, 2026, 07:44:21 PM

[...]

TRUMP has 33 million loyal voters in his pocket.

After everything he's done for to the US, there are still so many of them? From what I can see, his disaprove rate is currently at 57%. However, I believe that many of these voters do not know what is actually happening in the world and the US, and they simply like the way the president communicates.

FTFY.
33 million loyal voters? Trump will not get up to that number because of the war he declared with Iran. The US has lost huge amount of dollars to this Iranian war because money the US would have put in to the US economy was wasted by President Donald Trump. I foresee voter apathy against him if he seeks reelection. Most of his 33 million voters are not happy with him because the war he started brought untold hardship on the US citizens.

Reelection!  Grin
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June 16, 2026, 07:53:35 PM

Bitcoin Exchange Supply Crashes to 2.56M BTC in Sharpest Drawdown Since 2020

https://cryptopotato.com/bitcoin-exchange-supply-crashes-to-2-56m-btc-in-sharpest-drawdown-since-2020/
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June 16, 2026, 08:02:34 PM


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nutildah
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June 16, 2026, 08:22:56 PM

It looks AI but its not



“Based on what I read, I guess I’m not allowed to run... If you read it, it’s pretty clear. I’m not allowed to run. It’s too bad... I’m not allowed to run. It’s too bad.”

Its true, our president is dumb as shit. On behalf of America, we don't like this guy either... just ignore the people who insist otherwise because they don't care about you anyway.
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June 16, 2026, 08:23:52 PM
Merited by vapourminer (1), Lucius (1), d_eddie (1)

[...]

TRUMP has 33 million loyal voters in his pocket.

After everything he's done for to the US, there are still so many of them? From what I can see, his disaprove rate is currently at 57%. However, I believe that many of these voters do not know what is actually happening in the world and the US, and they simply like the way the president communicates.

FTFY.
33 million loyal voters? Trump will not get up to that number because of the war he declared with Iran. The US has lost huge amount of dollars to this Iranian war because money the US would have put in to the US economy was wasted by President Donald Trump. I foresee voter apathy against him if he seeks reelection. Most of his 33 million voters are not happy with him because the war he started brought untold hardship on the US citizens.

I think you do not know the actual numbers of voters USA has.

About 150million vote.

last time he grabbed 77 million votes.

so my hard core number of 33 million is likely correct.

why did he get 44 million other votes.

hatred of democrats
hatred of the left.
and maybe 55% of all voters do not want the illegal snuck into the USA immigration to continue

also rich and quasi rich

My banker friend that broke his hip is rich. not sure how rich but over 30 mill for sure.

he is 79 he has 5 grandkids a wife and two kids.

Harris was going to drop the inheritance number to around 10 million Ie pay big tax on all money over 10 million

Trump was going to keep it at 28 million

so for a 79 year with loved relatives

Harris lose a 18 million tax break
Trump keep the 18 million tax break

after tax that is 9 million .

Hard to vote for Harris.

A guy like me Trump hurt about 8 or 9 things.

Crypto price = hurt
Food price = hurt
oil price = hurt.
insurance coverage = hurt.

silver = win
copper = win

and in theory he won't run again

also he looks really fucking tired. I think he does not want to run
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June 16, 2026, 08:51:48 PM
Last edit: June 16, 2026, 09:52:50 PM by Biodom
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OT, but related:

STRC from Strategy is down 3.58% to 91.79 today (it supposed to trade at 100).
Weird...if it doesn't trade at par, dividends are starting to become meaningless.
Perhaps this is due to BITA competition?

MSTR with almost 4% btc is at $43 bil and SCPX wrote a $60 bil "check" for Cursor today...shows that bitcoin is still tiny.
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philipma1957
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June 16, 2026, 09:29:01 PM

OT, but related:

STRC from Strategy is down 3.58% to 91.79 today (it supposed to trade at 100).
Weird...if it doesn't trade at par, dividends are starting to become meaningless.
Perhaps this is due to BITA competition?

MSTR with almost 4% btc is $43 bil and SCPX wrote a $60 bil "check" for Cursor today...shows that bitcoin is still tiny.

So I now have an account with Robinhood.

I have 1 share of spcx with them as I understand it this is a true share.

I have 10 shares of spcx with kraken as I understand it these are token shares with no voting rights.

the goal will be to have 10 shares on both Robinhood and kraken

not much but something other than BTC or Silver.
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June 16, 2026, 09:45:54 PM

The Exchange Supply for BTC decreased significantly today. Over 3,700 BTC with a value of ~$250 Million was removed from exchanges today!

Michael Saylor alone will likely lower the exchange supply down to ~2,550,000 with his purchases for MSTR the remainder of 2026. Over time (in the next few years) the   buying by institutional and nation-states will drop the exchange supply drastically.  When the exchange supply of BTC gets below 2 million Bitcoin's price should reach multiple times the price it currently is now.  

Based on Saylor's recent behaviors, I have difficulties concluding that a good number of Saylor's coins are not being rehypothecated in one way or another... and there is really no way of verifying.. Saylor's coins are like a BIG BLACK BOX - with various derivative products built around them - a product of his own creation, to the extent that he wasn't coerced.

At least I am into a few other things besides crypto.

"Crypto".... hahahahahaha

Good one!!!


A lot of guys, in these here parts, are into a kind of "crypto," too.

[edited out]
and in theory he won't run again

also he looks really fucking tired. I think he does not want to run

Guys like Trump can never have enough. The ONLY reason he stepped down the last time was that his hand was forced.. which probably will have to happen again, this time, even though he might be preparing for a better fight (with words) since he may well not be physically capable of doing much besides getting others to do his bidding and talk a BIG talk while recking most if not all things that he touches.
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June 16, 2026, 10:03:48 PM
Last edit: June 17, 2026, 02:18:27 AM by BTCETFInvestor
Merited by Richy_T (1)

The Exchange Supply for BTC decreased significantly today. Over 3,700 BTC with a value of ~$250 Million was removed from exchanges today!

Michael Saylor alone will likely lower the exchange supply down to ~2,550,000 with his purchases for MSTR the remainder of 2026. Over time (in the next few years) the   buying by institutional and nation-states will drop the exchange supply drastically.  When the exchange supply of BTC gets below 2 million Bitcoin's price should reach multiple times the price it currently is now.  

Based on Saylor's recent behaviors, I have difficulties concluding that a good number of Saylor's coins are not being rehypothecated in one way or another... and there is really no way of verifying.. Saylor's coins are like a BIG BLACK BOX - with various derivative products built around them - a product of his own creation, to the extent that he wasn't coerced.

At least I am into a few other things besides crypto.

"Crypto".... hahahahahaha

Good one!!!


A lot of guys, in these here parts, are into a kind of "crypto," too.

[edited out]
and in theory he won't run again

also he looks really fucking tired. I think he does not want to run

Guys like Trump can never have enough. The ONLY reason he stepped down the last time was that his hand was forced.. which probably will have to happen again, this time, even though he might be preparing for a better fight (with words) since he may well not be physically capable of doing much besides getting others to do his bidding and talk a BIG talk while recking most if not all things that he touches.

Huh, I don't recall that Trump ever stepped down.  Huh

Trump 2028!
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June 16, 2026, 10:48:14 PM

So playing on both kraken and Robinhood.

I now own 10 token shares of spcx on kraken


and I own 2 shares of spcx on Robinhood.

they let me set up account fast.

I have a buy in for more shares on Robinhood at 183 usd

12 shares of spcx seems fun.
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June 16, 2026, 10:59:04 PM

 Those Presidents of the USA!   I still remember when Obama said:

"If I could make an arrangement where I had a stand-in, a front-man or front-woman, and they had an earpiece in, and I was just in my basement in my sweats looking through the stuff, and I could sort of deliver the lines, but somebody else was doing all the talking and ceremony—I’d be fine with that."

 ...and then purchased an $8million home in D.C. so he could hang around!  Good thing Biden was always so on the ball and never had to be led off stage by Obama himself or that would have been damn fishy.  People would have called him a muppet.

  It's amazing to me how the very things the media dismisses as wild right-wing conspiracy theories have a funny habit of turning into live television but what do I know?  I'm not an American.

 I can sympathize though - take Trudeau for example: he stuck around for nine years and had no inclination to give it up... his own party had to turn on him so they didn't lose the upcoming election.  Unlike the USA, we have no term limits on our Prime Minister.  They never have to leave!  Here were are with a per-capita GDP that looks exactly the same as it did 10 years ago.  At least your markets are doing well.
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June 16, 2026, 11:00:08 PM

So playing on both kraken and Robinhood.

I now own 10 token shares of spcx on kraken


and I own 2 shares of spcx on Robinhood.

they let me set up account fast.

I have a buy in for more shares on Robinhood at 183 usd

12 shares of spcx seems fun.

 I honestly though it would have tanked after the hyped IPO... but this is why I'm not a billionaire.
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June 16, 2026, 11:20:01 PM
Last edit: June 16, 2026, 11:31:01 PM by Biodom




Thinking like B. Cowen:
Comparing two different time periods, but graphs are similar  Grin
From late Aug-Sept 2015, bitcoin went straight up for 26 mo (from $220 to $20000).
I am making no predictions here.

Time period is accelerated 2X or so in the 2026 graph.
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June 17, 2026, 12:02:35 AM


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what is this "brake pedal" you speak of?


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June 17, 2026, 12:11:49 AM

12 shares of spcx seems fun.

 I honestly though it would have tanked after the hyped IPO... but this is why I'm not a billionaire.


as long as the mundanes have that "shutup and take my money" attitude that seems to follow musk around? up for a while till the mudanes are broke again. the eventual crash (50/50 odds i figure) will be the stuff of legend.

and yeah so i got spacex stock.  i also bought gamestop. this should tell you all you need to know about my investments aptitude.
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