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961  Economy / Speculation / Re: [WO] Meat Maximalism on: April 26, 2021, 02:33:44 PM
All vegans need to abstain from fucking.
They can do blow jobs
But no swallowing the swimmers.
962  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 26, 2021, 02:21:30 PM
the Sunday wall report

Answering a friends question about Ichimoku...old news for some but a refresh never hurt no one

#dyor

Quote
sure..typically breaking up or down thru span A or B..what I call the top and bottoms of the cloud indicates that the other span above or below will be tested
you have to keep in mind that Span A and B swap places depending on if the candles are 'above or below" said cloud
5:26
for instance on the daily..which is the chart I was talking mostly about...we are battling right below and on Span B
5:27
actually on a steep vertical which I typically infer as 'slippery'
meaning price will tend to slide up and down quite easily along that axis
5:29
then Span B is a long straight horizontal...what I call 'hard'..price ranged there and people where comfortable buying and selling at that range...a 'hard' spot if you will
5:33
Now to answer your specific question...if there is a solid break above a Span...and a close above said span..then you typically can expect the Span above or below to also be challenged..
ranging inside a 'cloud' indicates market indecision as well and will be followed by a sharp break away from that price range

5:33
there you go...ichimoku in a nut shell

Some new short fibs on the four hour and daily charts
4h


$52,401.42 upcoming Span B horizontal
D


Down 27.58% over the last couple of weeks...indicators reset and cooled

fyi weekly kijun sen now @ $39,057.61
5:56
everything still moving in the right direction
5:56
dont panic
5:56
that is all
W

#stronghands

+1 WOsMerit

Great info for noobs
and for ignorant OG's, ehm.

(Quoted for self-reference.)
963  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 26, 2021, 02:17:11 PM
+1 WOsMerit

Too many things happening IRL, too little time to properly follow WO. Barely managing to keep up...

Re. meat eating, vegans, etc.:

Cows are not compatible with eating corn, but corn is being used because it's cheap and abundant. As a result, their stomachs get filled with bacteria and they need to be fed heavy doses of antibiotics to deal with this. Watch Food, Inc. (2008) and be disgusted by it, among other disgusting things.

I vaguely remember reading that it's not corn itself that is the issue, but rather bacteria and other infective agents that grow when corn ears and other waste product is kept in silos for a sufficiently long time.

Quote
I have a few vegetarian and vegan friends. I don't know how good or bad their medical exams are, but I do know how they themselves look. They look kind of abnormal (in varying degrees). Some are abnormally thin. Something about them is off. Women are less feminine for some reason. Less attractive (to me at least). Could this be nature's "don't mate with her" defense mechanism? Also, they're often tense and angry, and pick on little things to start arguments. Nothing against them, just my non-scientific observations.

+1 Without wanting to sound like a jerk, it is my totally unscientific subjective experience too.

Quote
My grandpa did the above, and lived to be 106 years old (he was fully active at 104). Was born in 1899.
If it has any value as a predictor, I'd advise you could be better off with a longer than usual cash out plan... ;-)
964  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 25, 2021, 09:43:13 PM
Craig Wright, Calvin Ayre... what a bunch of scumbags.

I've never really been a rich person in my entire life, except, perhaps, in the last year, due to Bitcoin's recent price appreciation, which has given me a taste of how it feels to be "well off". Even then, I'm nowhere near the wealth that these guys have. What more do they want? Their future is completely secured, they can sustain their lavish lifestyles forever. Why do they keep fighting Bitcoin? Is it some sort of bad wiring in their brains, or is it a sickness of the rich?

In any case, I hope justice is served and they end up where they belong.

You're entirely correct, on the surface it makes no sense why they would continue doing this, as they could just disappear with their wealth and live on forever.

So why go through all the hassle and public ridicule? I don't believe it's all just ego-driven. In fact, Craig Wright knows very well that he is not Satoshi, and that he is a liar.

My theory is that they are secretly being paid under the table (by the Wall Street corrupt) to continue FUDing and being antagonistic toward Bitcoin.

The message is clear: Bitcoin needs constant negative press, constant FUD, and prominent "enemies", essentially forever. Because without these spectres and worries constantly hanging over Bitcoin 24/7/365, the Average Joe public would be given the green light to rush in with both fists and ditch the USD entirely.

There are others being paid too. Ask yourself, why would someone like Nassim Taleb just, out of nowhere, flip a complete 180 on Bitcoin? There is only one logical explanation.

+1 WOsMerit

My last boring one was for Lake Ontario, so you're left with the hip one.
Tinfoiler for a day. Everyone has been there I guess.
965  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 24, 2021, 02:24:41 PM
Satoshi is gone for good. If he wanted to cash out, he'd have cashed out already. If he wanted to reassure the world that those coins are gone, he'd burn them by moving them to some known black hole address. The fact that the coins are still there after all that happened with bitcoin and finance and multiteradollar marketcap can have two explanations:

1 - Satoshi is gone for good
2 - Satoshi likes to keep bitcoiners on their toes

I lean towards 1.

966  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 24, 2021, 02:20:58 AM
I am currently watching the end (soon, hopefully) of the 3rd season of "Dark" and it resonates quite well with that and a block universe model. It's almost like it already happened in a sense and we are just unveiling the statue so to speak.

I finished watching it a couple of weeks ago. It's dark, not scary. Heavy, not ominous. It is so complicated to follow that at a certain point I had to take notes not to get Lost (which is a different world, different series of course - that would have been bad). Then I found a helper site in the netflix.com hierarchy that sorts it all out, in a very precise German spoilerless way. "Tell uz vich zeazon/episot you're at, vee von't spoil your fun." Besides, when Season 3 is over, that's it. No aimless wandering, no jumpin' the shark.

Not for everyone, but very well made.
967  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 24, 2021, 12:28:32 AM
In the case of the government, they will probably give it away.

To millionaires and billionaires, just to be clear. The poor it's claimed to be taken for usually only see a small fraction of it.

Too many poorz, too little dollar. Easier to feed the rich.
968  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 24, 2021, 12:08:01 AM
This all is curse of Shiba Inu.

Accumulation is going on around current price level, 30m chart is also very positive and  good crossover of Moving Average.. Huge break out is possible.



I think the recovery will be swift and merciless, lest the leveraged plebs get to long a few cheap sats, too. I insist, this was a technical dump tied to futures expiry. It's the arbitragers. They manage to shake the price so badly only because the books are thin. Remember the deflux of btc from exchanges that we've been witnessing in the latest weeks? Well, it turns out illiquidity works both ways.

I would like a regulation that mandates market makers on large exchanges, exactly to avoid nasty cases of liquidity shortage and fast, fake pumps and dumps.  A rule of thumb to tell a "large" exchange? For example, an exchange is "large" if it is listed on the stock market ;-) And I would suggest that for new exchanges to go public, they need to have had certified, liable market makers for a certain amount of time (like 1-2 years).

They say they want to "regulate crypto", but most exchanges are basically free to pull off any shit they like, as long as they don't let USA citizens sign up/use their services if the exchange is overseas and boss is American, black and cocky.
969  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 23, 2021, 11:56:11 PM
I don't understand this.  Rather than pay a (yet to be proposed) higher capital gains tax, Americans would pull their money out of the markets right now and put it into what?  Is the plan to make no capital gains in the future?!

 

Speaking of yesterday's dump, I don't think it's the Biden tax thing, they would be fools to sell in unison. What kind of a dork would "take profit" selling at 53k and below?

There are the usual valid reasons: futures expiring, Coinbase fuckery, China energy crisis, Turkish exchange exit scam. A tax thing might add to the trend; not generate impulse events such as this. I personally think it's just whales front running a breakout to the mid 70's. The dumps are obviously timed and intentionally designed to inflict max pain.

I personally think it's arbitrage: short futures vs long spot. If I were doing that, I'd prefer the futures (number) to go down rather than up - profit in btc, and the long spot part I could keep in btc for the next rinse&repeat. If it goes the other way (if number go up), you still make the same $ amount, but you've gotta sell the btc you bought (longed) on spot, so in a btc sense you're poorer.

Q: Is this a double top like in some previous cycle?
(som)A: IT might be similar or not, but this ISN'T the top.

F'ing dumpers.
970  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 22, 2021, 02:53:25 AM
Here is a link into how I see other coin maneuvers being done.  which have caused a huge difficulty drop in BTC

https://bitcointalk.org/index.php?topic=5331454.0

but but... difficulty... because China energy crisis, no?
971  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 17, 2021, 08:51:27 PM
By the way I would bet you (a kind of gentleman's bet of course) in the event that we could narrow down the terms of such a bet to a short period of time, for example if you are suggesting that we would already be seeing these kinds of "puny" dynamics playing out in the next halvening (therefore it would be noticed and verified by 2025-26) .. which seems a bit bonkers to me (requiring the grippening getting), then maybe we could have a bet that goes to that point.
Without betting any "real" money (aka king daddy, aka the corn etc.), I think we could have already begun observing some relative puniness in this cycle, if there weren't so many big players really getting in the arena and putting their money where their tweets are. The new players, institutional or silent as they may be, are positively skewing the market by pouring a previously unseen money supply into the market. So there is that. Can this welcome skewing go on at this rate? 2x a year is the kind of exponential growth that sooner or later hits the ceiling with a sore head. The flattenening (?) part of the S-curve, in udder words. We'll have to wait 2024 to actually see where things are going. But it's always like that with the corn, isn't it.

Quote
Seems to me that neither of us can go fuck our lil selfies until we verify the terms of our nonsense, if such nonsense were to be in existence?
 Tongue Tongue Tongue
For dee fucking our lil selfies bit, I have no problems to keep waiting a lil more. If you feel any rush, please go ahead Tongue Tongue Tongue

Personally, I get the sense that you are framing our current situation in a very similar kind of somewhat "annoying" conservatism as you had been expressing in the months immediately preceding April 2019.

Sure, nothing wrong with having some reservations in your concerns about where the bull market might go and even having some mental and financial preparedness for DOWNity in case UPpity comes to an end sooner than expected... So yeah, no problems with that.

Maybe my "problems" to the extent that they can be described as "problems" remains that you are seeming to make a pretty strong assertion in regards to your anticipation of future bitcoin cycle "puniness", but you are making such proclamations in such a way that causes me to speculate that there might be a bet in there somewhere, but we just have to narrow down the potential terms a wee bit more, but I believe that even though you are having feelings of a certain kind of concreteness in your speculations about "puniness" but you are a wee bit afraid to put them into writing into a kind of way that it could be bettable.  

Maybe I need to try to narrow down the terms of what you seem to be saying, and then we can try to go from there in terms of tweaking the terms to make them acceptable.

I'm as bullish long term as anyone. What I'm suggesting - and I may of course be wrong - is that future growth will be less tied to the 4-year cycle than it is now. The halvening effects will be slighter and slighter. But still number go up, much up number go.

EDIT
A different angle for the same rationale: the availability of btc on exchanges - that are the spot price makers basically - is already much less dependent on periodic miner sales than it used to be. So the immediate effect of miners getting fewer coins as a reward will impact the price less and less. Of course, increasing scarcity will make its job behind the scenes one way or another.
972  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 17, 2021, 06:57:49 PM


 Quickly!! BUY it NOW Kevin!

+1 WOsMerits

Easily the most totally deserved WOsMerit of the closing week!  Cheesy
973  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 16, 2021, 06:08:53 PM
By the way I would bet you (a kind of gentleman's bet of course) in the event that we could narrow down the terms of such a bet to a short period of time, for example if you are suggesting that we would already be seeing these kinds of "puny" dynamics playing out in the next halvening (therefore it would be noticed and verified by 2025-26) .. which seems a bit bonkers to me (requiring the grippening getting), then maybe we could have a bet that goes to that point.
Without betting any "real" money (aka king daddy, aka the corn etc.), I think we could have already begun observing some relative puniness in this cycle, if there weren't so many big players really getting in the arena and putting their money where their tweets are. The new players, institutional or silent as they may be, are positively skewing the market by pouring a previously unseen money supply into the market. So there is that. Can this welcome skewing go on at this rate? 2x a year is the kind of exponential growth that sooner or later hits the ceiling with a sore head. The flattenening (?) part of the S-curve, in udder words. We'll have to wait 2024 to actually see where things are going. But it's always like that with the corn, isn't it.

Quote
Seems to me that neither of us can go fuck our lil selfies until we verify the terms of our nonsense, if such nonsense were to be in existence?
 Tongue Tongue Tongue
For dee fucking our lil selfies bit, I have no problems to keep waiting a lil more. If you feel any rush, please go ahead Tongue Tongue Tongue
974  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 16, 2021, 04:46:45 PM
The most expensive paintings are from dead artists ... the longer they are dead, the more expensive.

If the corn was an artist, her paintings would be very expensive. She's been ded a long time already.
975  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 16, 2021, 04:14:36 PM
Looks like the terrible confirmed news (for bitcoin) out of Turkey plus the failing COIN listing have finally popped the last bubble and caused the bitcoin market to begin catastrophically crashing. Sad days ahead for bitcoin fans.



Really shows how much you know...

COIN didn’t IPO, so true price was determined by the market after the opening bell, which was what they intended.

As far as I know, it isn’t trading at $0.00, so definitely not a failure... math and science confirms this...

Turkey banning crypto, bad news? I think it just confirms that Turkish Lira will fail not Bitcoin... again maths and science...

As for your chart... you did that back at 10k, 20k, 30k, 40k, 50k, and 60k... should we prep you a few more at 70/80 /90 and 100? I think you will need it, math and science confirms it...


pwned by our trollama! Have you heard him singing BTW? Well worth a YouTube search (proudhon song)  Wink
976  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 16, 2021, 01:36:20 PM

Erdoğan is a monetary dove. He fired his Central Bank president because the guy was trying to fight the massive inflation by raising the rates - which is exactly the job a central bank is supposed to do. However, Recep begged to differ, since his aim seems to be that of keeping the economy going as smoothly as possible, even if inflation skyrockets and savers and importers pay a bitter price.

Of course, the smartest Turks fight inflation with other means: gold etc., and most of all, bitcoin - which is very popular, especially among the (generally anti-Erdoğan) urbanites.

The recent law only bans purchases denominated in btc - not the purchase/sale/trading of btc itself. Not sure what it's meant to achieve, really. Just an entrée for more draconian laws? How effective can they be when even the cost of a kg of locally sourced fish doubles?

My popcorn is ready.
977  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 16, 2021, 03:47:27 AM
vaping can both make it easier and harder to quit cigs. easier because, unlike a cig, it wont stay lit till its done (cigs add chemicals to keep it burning, contrast that with a cigar with no chemicals.. it goes out when you leave it). so, light a cig and you pretty much are forced to smoke the whole thing as its gonna burn down to the filter anyway. plus it coats everything with that nice orange gunk.. (smokers just look at your computer innards and fans.. eeeew man mine were soooo disgusting).

vaping. press the button, inhale or once or twice, put it back in your pocket nice and neat, done. and those subzero mods can put out clouds of vapour of sizes that you have to see to believe. and no ash, no ashtrays that stink, no orange coating in the rooms etc. of course theres maintenance - cleaning, replacing seals, coils etc. but thats was actually an attraction to me.. kinda calming doing coils maintenance and whatnot.

[...]

I'm against smoking in general, but the way you describe vaping makes me want to try it. I see colleagues and friends with these vaping machines that look so high-tech, like some kind of weapon that came out of an alien ship or something. OLED displays, coil resistances, wattage, energy reserves.  Cheesy

I wouldn't touch these with a stick. There are findings that the liquids based on oils containing vitamin-E harm the lung tissue.
Oil based vapor is that thick, white foggy very opaque vapor. In comparison, vaped herbs produce very light, transparent vapor just like when you heat up water on a stove.

I use a mobile vaporizer, very rarely, but it's manually heated with a pocket lighter. A bi-metal cap making a click sound when the right temperature is reached and then the taste/efficiency depends on how strong you draw. Looks like sucking on a crack pipe a little  Cheesy
You can vape tobacco too, but you have to manually clean it quite often.
At home i use the "volcano" table-top vaporizer. It's the best you can get, it's running almost daily for over 15 years now, just had to replace a broken switch two years ago. The best thing is, you can make hash-dope from the debris. Black, oily stuff which knocks you off your socks and also brown, dry hash with a lot of herb fiber.
I also make chocolate with the remaining herb, after vaping it twice, still has plenty of potency.
This way it also becomes three times cheaper to vape mary j.

Enuff with the offtopic now. Y'all know i'm a weed connoisseur, already  Grin

Quoted for my own reference.

+1 WOsMerit for an OT pearl of wisdom.

And I don't meet Mary J much any more! But I have quite a few friends that do ;-)
978  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 16, 2021, 02:55:52 AM
Saylor believes the 4 year cycles are over. In any case, their company is hodling for a minimum of 5 years.

I think he is wrong, that would mean that the halving and subsequent boom would never again be followed by a bust. No way, it's way to early for that.

I don't think he's completely correct either. So it could be there might be a bear winter thing, but maybe not 80% to 90% corrections. If you are prepared for that, and we get a smaller one, then you should be fine.

And the next halving is a puny thing, taking just a little over 3 btc per block. So maybe not completely correct, but this halving will be disappointing IMO. What will not be disappointing is what happens between now and said halving. I think we're going to see things we've never seen before.

It seems quite premature to be suggesting that this upcoming halvening is NOT going to be significant and even go so far as to call it "puny" when the fact of the matter remains that the impact of the value of the coins ONLY needs to be around 2x in order for the halvening to have a similar value impact (sure there may well be some other factors, but on the face of it, think about it).**  So, the 2020 halvening had BTC prices bouncing between $7k and $10k at around the time of the halvening, and do we have at least double that value now?  And what is going to be the value of BTC at around the time of the 2024 halvening?  Get a grip peeps, including uie-pooie, d_eddie.   Or am I reading you wrong?

What price do you expect BTC to be around the 2024 halvening?  I surmise that the BTC price around the 2024 halvening is going to be at least $60k.. which would be more than 6x the BTC price around the time of the 2020 halvening.  Would that be significant?  Would that be "puny"?   Here's my "speculation" of an answer in small text... so you do not read my answer before coming up with your own answer... do your own mental, logical and factual based work, peeps.. and don't be lazy fucks....  :   Would that be significant? well, yes.   Would that be "puny"?     not only no.. fuck no. 


**By the way, I will grant you some benefit of the doubt in regards to the required BTC price needing to be more than 2x higher in order for the impact to be higher based on the assessment of the size of the reward to BTC's whole circulating supply... Nonetheless, I am going to still use 2x as a general mental guideline.

The price in usd being 2x does imply that the impact of the halvening in usd will be the same, yes. In this sense it is not "puny". And I personally think the price will be quite a bit more than 2x. I don't want to go pie in the sky, as someone likes to say, but 20x or more can't be ruled out.

The reason I still think it can be considered puny is because the ratio coinbase_rewards/miner_fees lies mostly in the 10%-14% interval (it changes from block to block). It means 10%-14% of miner income today does not depend on the progressively dimishing reward.

If the fees don't change much (and it's a big if admittedly), a halvening would bring the ratio in the range 20%-30% - so let's take 25% as the reference figure: one fourth of miner income will not depend on the reward. At the following halvening (2028) it will be 50/50, always with the unsafe assumption of fees not moving much.

Actually, I think asymptotic inflation in miner fees, in a perfectly competitive market, should only depend on the btc cost of equipment depreciation+electricity - which is supposed to go down while king daddy keeps doing his NGU stuff.

Whatever, it's over my head already. You can visit Saylor and invite him to a tandem session of legendary self-eroticism.

(Which is my alternative way of respectfully, friendly telling you to go fuck yourself - merely a response to that angle where you say my lil selfie should get a grip!)
979  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 15, 2021, 04:23:07 AM
Saylor believes the 4 year cycles are over. In any case, their company is hodling for a minimum of 5 years.

I think he is wrong, that would mean that the halving and subsequent boom would never again be followed by a bust. No way, it's way to early for that.

I don't think he's completely correct either. So it could be there might be a bear winter thing, but maybe not 80% to 90% corrections. If you are prepared for that, and we get a smaller one, then you should be fine.

And the next halving is a puny thing, taking just a little over 3 btc per block. So maybe not completely correct, but this halving will be disappointing IMO. What will not be disappointing is what happens between now and said halving. I think we're going to see things we've never seen before.
980  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 14, 2021, 11:52:46 PM
Easy to make btc in a bear market, hard when it turns bullish, as it did in 2013.

Easy bear market -
Drink vitriol, short the corn
hybris gets punished.
#haiku

Hybris = hubris?  Is that what you mean, d_eddie?  or did I miss something?

I looked up hybris and I got hybris meaning the same as hubris in ancient Greece.. even though we are not ancient greeks here, are we?  Or you, d_eddie, are trying to lurn us some things?

I just happened to think the ancient Y gives a more menacing feeling to the last line. Yes, hybris = hubris. Some Greek y's became u's, some stayed y. But I dun wanna lurn nobody nuttin!
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