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

[BobLawblaw]

* BobLawblaw passes the rusted pipe to Toxic and V8 so they can have their way with each other, like that final scene in "Requiem for a Dream"

"First Rule"

Seriously ?

Go fuck yourselves.

You want to know what started my downward spiral with this thread ?

It was that place, and V8's bullshit.

An absolute OBLITERATION of trust.

Me: "So this is a hard partition right ?"
Everyone: "Yes"
V8: "But... but... I anonymized the data"

And I'm the one with the problem.

Riiiight.

[Toxic2040]

So now your going to behave like a little child having a fit in walmart because mommy wont buy you a candy bar?  Really? Turn off your internet for a month or so and think about things for awhile is my advice.

I am disappointed in you Bob.

[Hyperjacked]

Hmm chickun is not arising
[/
This is a planned punishing attack by the big banks with all the free cash from qe ! The plan is to go sideways as long as possible and break the hodlers!!! Jamie diamond balls has been buying and shorting for years...imho
You guys must see this... right?
Disclaimer: someday Jamie will feed the homeless investors

Edit sorry vacation iPhone.... fat fingers

[BobLawblaw]

I am disappointed in you Bob.

I'm disappointed with a lot of you.

The feeling is mutual.

You are welcome to ignore me or request to have infofront delete all my posts, and have me banned from these forums if your little "Fight Club" is such holy and hallowed grounds.

[Wekkel]

It’s that time in the cycle again, right?

 

[Hyperjacked]

Bob , try and find peace and your center ...
I feel for you brother...

[OutOfMemory]

It’s that time in the cycle again, right?

 

I was thinking about that too.
But i wasn't around that early, so it was only a feeling until i read your post.

Seems Bob has reasons. Whatever these are...
I hope it will turn out well and won't happen again.

Interesting times

[Biodom]

Can we get some memes for a 'flat' btc (apart from that with a poking stick)?
I'll start:

[Toxic2040]

-snipped-
Can we get some memes..

+1 WOsMerit


Sanity slowly returns to the Wall as we mourn the fallen.

Carry on.

[suchmoon]

Can we get some memes for a 'flat' btc (apart from that with a poking stick).

Edited 2020-11-30 to fix a broken image

[Toxic2040]

That is really good...freaking deep.

+5 WOsMerits

[sirazimuth]

last few pages

yikes...

[soxxx]

My thoughts: Bitcoin is going to pop one way or the other before the end of July. IMO it will depend on the Global Market. In the USA people are going lose their unemployment benefits at the end of July............what is likely to happen, is that we will see another huge stimulus bill pushed through which will lead to more inflation of the money supply. This should push the Global Markets higher, which in turn will allow Bitcoin to move higher too.

Im going to lean bullish here.

I agree that this is probable, but the question arises..when will it stop? Never? Are we at a verge of basic income and MMT?
Too much resistance to those ideas, so it is unlikely to happen. However, passing every 6 mo a 2-3 trillion bill does not seem likely either.
At the moment, it is clearly gold and high beta stocks that benefit the most. Bitcoin is not in play and I wonder why. maybe because it was in a deep correction for too long and lost its appeal with the fast money. It could be temporary, though. At least, this is my hope, but the whole apple-cart is upside down.

If the trend described below is true, then we would have a deflationary impulse as well:
https://www.politico.com/news/2020/07/19/wage-cuts-economy-crisis-368508

Bitcoin has benefited from QE. If we never had QE starting back in 2009, Bitcoins price would probably be lower than it is today.

Im not concerned about Bitcoin trading sideways for the last two months. Since Golds high in May, it is only up 2.5% since. When you zoom out and look at the big picture in a few years, it will look a lot clearer. I think these last two months have felt like forever, but on a time scale it is nothing. Lets see if Bitcoin breaks bullish or bearish first and then see. Gold has broken bullish, will Bitcoin too?

[jojo69]

[aesma]

Obviously this sounds like a conspiracy theory but I fail to see how it makes sense otherwise.

some say it was an attack on crypto, but I'm not convinced that is the motive.   

"After the recent hack, Twitter has introduced a new restriction, which prevents posting crypto addresses.  Right now, no one is able to post random-looking strings of numbers and letters.  While the move will prevent the kind of scams that users fell victim to, it will also limit crypto users."

I'm not into social media although I do have a twitter (and youtube) account, but I'm not sure I see a legitimate reason to post a BTC address on twitter anyway. If you want to ask publicly, to random people, for money, surely you need a bit more than 160 characters to justify it ?

Not saying addresses should be banned, but I don't see much harm either.

[aesma]

My thoughts: Bitcoin is going to pop one way or the other before the end of July. IMO it will depend on the Global Market. In the USA people are going lose their unemployment benefits at the end of July............what is likely to happen, is that we will see another huge stimulus bill pushed through which will lead to more inflation of the money supply. This should push the Global Markets higher, which in turn will allow Bitcoin to move higher too.

Im going to lean bullish here.

I agree that this is probable, but the question arises..when will it stop? Never? Are we at a verge of basic income and MMT?
Too much resistance to those ideas, so it is unlikely to happen. However, passing every 6 mo a 2-3 trillion bill does not seem likely either.
At the moment, it is clearly gold and high beta stocks that benefit the most. Bitcoin is not in play and I wonder why. maybe because it was in a deep correction for too long and lost its appeal with the fast money. It could be temporary, though. At least, this is my hope, but the whole apple-cart is upside down.

If the trend described below is true, then we would have a deflationary impulse as well:
https://www.politico.com/news/2020/07/19/wage-cuts-economy-crisis-368508

Basically stock market speculators (in the US) have a free ride. The market goes up they win, the market goes down the Fed and congress put more money into it so it goes up again. They can't lose. With BTC, you can lose.

[JayJuanGee]

good morning

Back to say hello to our old friend vegeta, bitcoin is currently trading at $9.1kish. #dyor

bear pokes head over gunwale
1h


jump the hedge
4h

#stronghands

I am going to have to solicit batman, spiderman, some ficticious avatar, or maybe even vegeta (himself/herself) to slap ur lil selfie (aka smartass), at some point based on your seeminlyg false alarmenings of the WO thread members regarding bare minimum vegeta requirements.  




 

[Toxic2040]

the weekly wrap

All one can do is take it day by day, hodl and buy the dips when possible. When I break it down to first principles it doesnt seem that hard...does it?

#dyor

nessie clears spit from horn
D


into the mangle we go to squeeze the wash
W

#stronghands

[cAPSLOCK]

I think we should now leave Bob alone for a bit.


In case of still any doubt @jack likes Bitcoin:
https://twitter.com/jack/status/1283169859233214465

(and of all the things that could be mentioned in his likely often viewed Twitter profile is #bitcoin BTC)

The issue with Jack at this point is his divisive status in his own company.  He has enemies on the board, and this latest hack is not going to bode will for him personally, I am afraid.

[JayJuanGee]

No retirement for me JJG, GF doing research on kindergarten and fine neighborhood nowadays . I hope she's cheating on me. 

OH My!!!!!


I am NOT clear whether I should laugh or cry?



Hopefully, at minimum, you are keeping your finger on the pulse of the maintenance of some kind of BATNA.... or at least appreciating the ZOPAs.




 


You will thank me later.