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401  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 24, 2022, 07:40:18 AM
Who knows what is acurate right now. But I'm not enjoying reading shit like this.

402  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 24, 2022, 07:12:55 AM
https://twitter.com/ASBMilitary



I did not know that about the Ukrainian soldiers in the Crimea. I imagine Ukraine is a very complicated country with lots of division

Edit: conventional forces on the ground and pushing into Ukraine. Not good.


403  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 24, 2022, 07:04:35 AM
My comment on the situation: fuck Putin!  Angry

Na, fuck all of them. This is a fuck up that extends all the way back to the end of the Soviet Union. Putin was just a result of that fuck up. Will we ever learn? It seems the answer is No.
404  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 24, 2022, 06:59:41 AM
I think the question right now is - is Russia just creating a similar situation as Iraq was in prior to the 2003 war when the US and Allies enforced demilitarised zones (no fly zones)? Or is it setting up for a full scale occupation of Ukraine?

As far as I can tell, their actions so far have not been of an occupying nature (except in the separatist areas, which is expected), but instead they have taken out as much of Ukraine’s military as possible in an effort to prevent Ukraine being an effective fighting force. This Russian campaign therefore seems to be most closely related to that of the Allies actions in Yugoslavia during the Kosovo crisis at the end of the 90s, except with I think far longer enforcement.

I imagine that if the intention is not to occupy, the Russians will essentially set up Ukraine (or perhaps a smaller area) as a demilitarised zone (DMZ). However, this is early days so Russia may still go full scale occupation.

It is important to note that this is a crisis that has been warming up since the end of the cold war, Russia was absolutely screwed over by the west, particularly in regard to NATO, as well as the elites in both the west and Russia. I think both sides elites, governments and media are to blame for what has happened today and like usual few of the 99% will understand it and instead jump to conclusions (without any analysis or facts) in an effort to support their team with religious fervor.

If the west had taken a different strategy back when the Soviet Union fell apart, perhaps something similar to the Marshall plan after WW2, things would be completely different and Russia would instead be an ally. But, the MIC and various other elites didn’t want that, so here we are. Plus the constant vilification of Russia in the media since 2016 couldn’t have helped

It will always be like this of course, which is why Bitcoin is so important. If Bitcoin doesn’t protect your life, at the very least it prevents your wealth being confiscated by the elites that aim to enslave the 99% one way or another. I often wonder (alternative universe type thing) if Bitcoin was a thing prior to WW2, would the Jews and other persecuted groups have fared much better than they did, and if not, would the Nazis still have been able to confiscate the wealth to further the war effort.

Anything can happen, just make sure you have bitcoin when it does. BTFD and HODL
405  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 23, 2022, 05:04:40 AM
https://twitter.com/WClementeIII/status/1496288162997542914?cxt=HHwWhIC50YKK8cMpAAAA

406  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 21, 2022, 11:42:17 AM
What is this dump all about? Haven't seen any more negative Ukraine news. Maybe the Fed is back at it again
407  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 20, 2022, 08:05:49 AM


HOLD STRONG WO BROTHERS


I'm not satisfied with just doing that, at these levels I'll be buying every payday as well.

Bitcoin shows time and time again that these kind of sales don't last very long.
408  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 20, 2022, 07:54:23 AM
Price looks like crap again, maybe we are heading to 35k this weekend after all, I thought it was likely considering the current environment, but was hoping I was wrong. I still reckon we'll get a bump upwards next week when it becomes far more evident that Russia won't be invading anyone. Fed FUD should be all over after next month as well, markets go shit till the first interest rate increase, but afterwards they usualy head up. Of course, being that the economy is now heading towards a recession and global supply issues have peaked there won't be many rises.

Mark my words, this time next year I reckon the Fed will be talking about low inflation being an issue again.
409  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 19, 2022, 12:37:54 PM
So I'm guessing we'll see more false flag type events happening in Ukraine this weekend and every one of them will drop the price lower. From that we’ll probably see 35k before Monday, but, when next week comes and then goes not only will there not be a Russian invasion but all the FUD will have shifted somewhere else to ensure that our leaders don't look so retarded with all the war mongering rhetoric.

At what price will BTC be at then I wonder, back above 40k? or still in the 30s? because for some retarded reason we don’t get the bounce but the other assets do? Those marginal sellers truly are idiots, I’m not upset that these short time frame folk get punished so regularly.

HODL strong and continue to DCA.

I'm not so sure we're going down (a bit) because of the Russia-Ukraine crisis. Anyhow: Russia embraces BTC - price goes up, Ukraine embraces BTC - price goes down. Funny shit.  Cool

General risk off type moves because of the supposed WW3 coming our way. Just like with the Fed jawboning markets move in sync with these macro developments.

Funny is right though, with the current environment the way it is we should be up up and away. I cause we shouldn't expect people to understand what Bitcoin is until its too late for them to get it. Kind of like what some Canadians are going through right now.
410  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 19, 2022, 11:46:31 AM
So I'm guessing we'll see more false flag type events happening in Ukraine this weekend and every one of them will drop the price lower. From that we’ll probably see 35k before Monday, but, when next week comes and then goes not only will there not be a Russian invasion but all the FUD will have shifted somewhere else to ensure that our leaders don't look so retarded with all the war mongering rhetoric.

At what price will BTC be at then I wonder, back above 40k? or still in the 30s? because for some retarded reason we don’t get the bounce but the other assets do? Those marginal sellers truly are idiots, I’m not upset that these short time frame folk get punished so regularly.

HODL strong and continue to DCA.
411  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 16, 2022, 11:54:13 AM
For those who think nuclear war can be "won", or have no idea about the difference between 15 kiloton (Hiroshima, Nagasaki) and >50 megaton (modern) yield. I present to you one of the worst ideas ever implemented in human history:

https://en.wikipedia.org/wiki/Mutual_assured_destruction

This literally is MAD.

Is it? We are not in a war. Right now they're playing chess.
There were moment in the cold war much worse than what we're experiencing now.

Now they seem to just prepare the ground for future "friendly" "invasions" (like what has happened in Crimea).

How about MAP; Mutually Assured Peace?

Speaking of nuclear war who has seen this website before. search for your city or closest city and then see the destruction that historical A/H bombs would cause as well as the modern ones. has stats like population killed maimed etc. It is pretty cool in a horrifying way.

https://nuclearsecrecy.com/nukemap/
412  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 12, 2022, 12:19:10 PM
cant wait for fusion plants to come on line. go tokamak!

It will be very interesting to see how the delivery of fusion energy might change the whole energy/political landscape.
In theory, this should allow us to have access to very cheap, almost limitless electricity.
Reducing our reliance on fossil fuels and removing the stranglehold other countries have on us due to the abundance of natural fossil fuels within those countries.
Also what will happen to Bitcoin when energy becomes cheaper?
Will there be a need for US war machine to protect the petrodollar?
Perhaps the production costs of these new nuclear plants might be too prohibitive to build enough of them to change the reliance on fossil fuels?
Will there be the political will to change the status quo?

Electricity is only one input, production of many things will still be limited by available commodities. It will certainly be a massive game changer though. But fusion is still decades off at best and most likely closer to a century.

I have no knowledge about fusion myself and when my knowledge in a certain area is lacking, the discussions on hackernews are always pretty enlightening. Most there seem to think it is not really a breakthrough at all, more of just a benchmark being hit.

https://news.ycombinator.com/item?id=30271677
413  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 12, 2022, 04:09:15 AM
I’m just the Tweet guy.

NFA.


@AllenAu11
BTC is retracing after hitting $45.9K to test its 21D & 34D EMA similar to what happened last August. If history rhymes, BTC could reclaim $53K or higher after this retrace.

Resistance: $46.5K/$47.5K/$53K
Support: $42K/$41K/$38K

An on-chain metric foretold this retrace👇
https://twitter.com/allenau11/status/1492255803478536192?s=21



@AllenAu11
A spike in 1 Yr+ Spent Output Age Bands (SOAB) usually signals a correction is coming as LT HODLers sell their BTC.

SOAB spiked on 8/1/21. BTC's price corrected 12.5% & then rallied to $53K.

SOAB spiked on 2/10/22. Would BTC fall to $40K & then rallied above $50K?
https://twitter.com/allenau11/status/1492255809136652288?s=21



That recent spike is the bitfinex coins being moved by feds. Should have no bearing on price as they are not being sent to the exchange to be dumped.

Edit: Should add that the current dip is due to the Biden admin (and media quislings) trying to remain relevant by pretending that WW3 is imminent with Russia. It will be temporary, as Russia is not going to anything, and is instead just making the USA look even more stupid then what they are. Next week we'll be back around this week's highs, Biden approval will be even lower, and the media will double down on more FUD to hide how they and their political allies have fucked up the western world that prior generations laid down their lives to build.

I'm mistaken that spike is not the bitfinex coins, but, it is still a nothing burger.

https://twitter.com/TXMCtrades/status/1492267236316356610?cxt=HHwWhIC5qaTJzLUpAAAA

Quote
I am observing much chatter about a recent spike in #BTC Spent Outputs aged 1yr+.

The tricky part about this chart is that you aren't shown the *volume* contained within.

Spending matters if it contains volume, so let's investigate further. 1/


Quote
Here is the volume of spending aged 1yr+.

Observe the spike in early February from the Bitfinex hack move, but also note the lack of volume matching the more recent spike on the previous chart.

Translation: a bunch of old UTXOs were moved that contained negligible BTC. 2/



414  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 11, 2022, 11:08:55 PM
I’m just the Tweet guy.

NFA.


@AllenAu11
BTC is retracing after hitting $45.9K to test its 21D & 34D EMA similar to what happened last August. If history rhymes, BTC could reclaim $53K or higher after this retrace.

Resistance: $46.5K/$47.5K/$53K
Support: $42K/$41K/$38K

An on-chain metric foretold this retrace👇
https://twitter.com/allenau11/status/1492255803478536192?s=21



@AllenAu11
A spike in 1 Yr+ Spent Output Age Bands (SOAB) usually signals a correction is coming as LT HODLers sell their BTC.

SOAB spiked on 8/1/21. BTC's price corrected 12.5% & then rallied to $53K.

SOAB spiked on 2/10/22. Would BTC fall to $40K & then rallied above $50K?
https://twitter.com/allenau11/status/1492255809136652288?s=21



That recent spike is the bitfinex coins being moved by feds. Should have no bearing on price as they are not being sent to the exchange to be dumped.

Edit: Should add that the current dip is due to the Biden admin (and media quislings) trying to remain relevant by pretending that WW3 is imminent with Russia. It will be temporary, as Russia is not going to anything, and is instead just making the USA look even more stupid then what they are. Next week we'll be back around this week's highs, Biden approval will be even lower, and the media will double down on more FUD to hide how they and their political allies have fucked up the western world that prior generations laid down their lives to build.
415  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 05, 2022, 03:38:57 AM
I also stumbled upon something called "Star Trek, Lower decks" Anyone know what that is? Sounds like space porn to me.

Not porn. Just a cartoon/comedy loosely related to Star Trek.

Seems very loosely related from the few minutes of clip I just watched.

I'll stick with the Orville for a comedy version of Star Trek
416  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 05, 2022, 12:50:33 AM
The SEC has just delayed their decision on whether GBTC can convert to a bitcoin ETF.
https://twitter.com/APompliano/status/1489730031115030533

I wonder why didn't they turn it down like the others sport ETF's? Is it because Grayscale owns a substantial part of all bitcoins and hence the usual arguments about low liquidity, manipulation, etc. are irrelevant? Or may be they just want to get more time to prepare other idiotic arguments, because Grayscale threatened several times that it will sue SEC if they dissaprove their proposal?

I suspect it is the massive negative premium. Insiders want to load up on that, and when SEC approve Grayscale as the first spot ETF, the negative premium vanishes and insiders make a crap load of instant money. So when it does get approved expect a sell off when trade opens as these insiders will sell for their quick buck.
417  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 05, 2022, 12:46:28 AM
An unexpected upwards movement tbh. As I've been saying for weeks now, on-chain is very bullish, STH (weak hands) have few coins left because there was never a mass FOMO buy from them to begin with (indicated by parabolic price action), and the Fed saying that they are all talk and will not voluntarily crash the global economy into a great depression.
418  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 02, 2022, 11:07:13 AM
I remember last time we had the downtrend (sub 40k) Bitcoin price bounced hard just over 30k USD several times (and once it even broke into 29k), after that it felt certain that the "bottom was in". This time I'm not convinced at all we have seen the bottom, but maybe that's because I missed something obvious? I have no idea where this is going, the gambler in me (at the moment of writing) have it pegged around 70% chance we will revisit ~31k (maybe even go below) and 30% chance we have seen the worst of it and up we go.

This decrease is very different to the last one though. This decrease is 80% due to the Feds jawboning, the last one was from a flood of coins being put on the market due to the China bans. The On-chain picture is very different this time and if the Fed continues to signal, like they have recently, that they won't crash the economy, I think it is highly likely we have seen the bottom.

I think you could be right about the Fed, but in my interpretation that might have been the "trigger", not explaining what's going on right now where Bitcoin behaves weak, mostly sideways action, small dumps creates long red candles. Just to make it clear, like most others in the WO thread I have no doubt about the long term "up", but this is about near future.

I don't know, the price doesn't seem so weak to me. It held the weekend well, I really think most of the weak hands have sold already.
419  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 02, 2022, 09:49:45 AM
I remember last time we had the downtrend (sub 40k) Bitcoin price bounced hard just over 30k USD several times (and once it even broke into 29k), after that it felt certain that the "bottom was in". This time I'm not convinced at all we have seen the bottom, but maybe that's because I missed something obvious? I have no idea where this is going, the gambler in me (at the moment of writing) have it pegged around 70% chance we will revisit ~31k (maybe even go below) and 30% chance we have seen the worst of it and up we go.

This decrease is very different to the last one though. This decrease is 80% due to the Feds jawboning, the last one was from a flood of coins being put on the market due to the China bans. The On-chain picture is very different this time and if the Fed continues to signal, like they have recently, that they won't crash the economy, I think it is highly likely we have seen the bottom.
420  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 01, 2022, 12:25:57 PM
The way the price action looks, the fact that we didn't go down on the weekend, and on-chain data being super bullish. IMO, Bears are done for, bottom is in, ATH in 2-3 months.
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