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901  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 14, 2021, 07:37:42 PM
End of year/beginning of new year prediction:

Some well-known entity or person is going to announce a sizeable bitcoin acquisition. It could be Elon Musk (again), Jack, M. Saylor, Ark Invest, or some other notable person or company we haven't heard about yet.

It'll either happen right before 2021 ends, or shortly after 2022 begins.

Just leaving this here for the funzies.

You think the price action is in part reflecting that "work" currently being done?

Yes.

Wealthy elites, entities, and funds don't buy assets on-market and at high prices. They buy OTC, below spot when the asset is undervalued, and their whale connections help them to do it.
902  Other / Off-topic / Re: [WO/Hat-Gang Only - MODERATED] The fucking COVID vax thread (No hat? Fuck off!) on: December 14, 2021, 07:23:08 PM
Twitter will now ban users that repeatedly claim vaccinated people can spread Covid
https://yournews.com/2021/12/12/2265511/twitter-will-now-ban-users-that-repeatedly-claim-vaccinated-people/

Quote
One of the most notable changes to this “COVID-19 misleading information policy” we noticed is related to claims about whether vaccinated people can spread the coronavirus. The policy now states that Twitter will label tweets with “corrective information” and give users a strike if they:
  • Claim that “the vaccines will cause you to be sick, spread the virus, or would be more harmful than getting COVID-19
  • Post what Twitter describes as “false or misleading claims that people who have received the vaccine can spread or shed the virus (or symptoms, or immunity) to unvaccinated people

This means Twitter users could now be sanctioned for sharing or discussing the Centers for Disease Control and Prevention’s (CDC’s) admission that “yes, vaccinated people can still become infected and have the potential to spread the virus to others.”

Some of the other claims that will be sanctioned under Twitter’s updated policy include:

  • “False or misleading information suggesting that unapproved treatments can be curative of COVID-19” (label and one strike)
  • “Claims that “vaccines (in general) are dangerous and the adverse effects that have been covered up by governments/the medical industry” (removal and two strikes)
  • “Tweets that incite fear or misrepresent the ingredients or contents of COVID-19 vaccines” (label and one strike)
  • “Tweets that mischaracterize the nature and science behind mRNA vaccines, and how they work” (label and one strike)
  • “Tweets that claim vaccines alter genetic code” (label and one strike)”


Holy fkn shit, talk about squelching the truth!  Angry

"Repeat a lie often enough and it becomes the truth"
903  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 14, 2021, 04:45:33 PM
Quote
   “America is the prophetic image of the rest of the urban-industrial world as it will be a few years from now – recent public opinion polls have revealed that an actual majority of young people in their teens, the voters of tomorrow, have no faith in democratic institutions, see no objection to the censorship of unpopular ideas, do not believe that government of the people by the people is possible and would be perfectly content, if they can continue to live in the style to which the boom has accustomed them, to be fueled, from above, by an oligarchy of assorted experts. That so many of the well-fed young television-watchers in the world’s most powerful democracy should be so completely indifferent to the idea of self-government, so blankly uninterested in freedom of thought and the right to dissent, is distressing but not too surprising.”

    – Aldous Huxley’s “Brave New World Revisited” (1958)

So from a young people mindset, nothing has really changed. But what HAS changed is what and how the marketeers are selling to them.

For decades, consumers were marketed to on the basis of a homogeneous lifestyle: getting everyone on the same page in terms of what type of house, car, clothing, clubs, jewelry, trips, etc. constituted living in high style, class, and sophistication. These trends were all-encompassing, i.e., at any moment in time you were either part of the societal "in-club", or you weren't. Most people wanted to be in it, as there were benefits.

Now things have splintered all over the internet, and people can easily find their siloed, circle-jerking little havens for whatever stupid thing they are into...however banal, valueless, and classless it may be. So the elites have given up. Marketeers are no longer attempting to bring societies together under universal fads or notions of societal trends and ideas of classy norms. They are instead marketing directly to these splintered sub groups by collecting their individual data. "That silly thing, service, or over-indulgence you want that nobody else around you cares about except for your little circle of internet friends? Here it is, and we're here to help you get more of it."

Some people might see this as a good thing, like some sort of liberty from societal expectations and gatekeeping. But I believe that its why young people are so confused now. On the internet they have access to every stupid, fad-driven thing or indulgence they believe that they want in life, but no longer have any societal cues, guides or signposts to show them the way to live a happy, fulfilled, classy, sophisticated lifestyle. They are completely rudderless. And their parents and grandparents have completely given up trying to guide them and have checked out.

AKA - The future is a world of depressed, broke hoarders who will live in shoe boxes and endlessly shop the internet for trinkets. Change my mind.
904  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 14, 2021, 03:28:55 PM
Somehow I got into the wrong movie today, I wanted actually to watch "Honeybadger goes to moon" but I ended up in some third class drama called "Bipolar clown pumps doggie meme shit".

Remind me again, when is the last Doge mined?
What, never? Huh, and people buy this crap at 20 cents. Makes you really wonder about the level of insanity in this world.

Oh, okay I see, it is because Doge is totally green et al while bitcoin is running on coal and diesel... makes sense.

* psycodad shakes head again in disbelief, starts drinking earlier than usual..

I have also come to see very clearly, that the younger generations have fallen into the trap of nickel-and-diming their life and fortunes away with throwing fiat at stupid meme coins, NFTs, silly Twitch subscriptions and gifting, gaming micro-transactions and pay-to-play scams, vaping and drugs, expensive daily coffees, expensive 'alt/green food products', subscribing not to just one streaming service but literally all of them including ones they never watch, clothing delivery subscriptions, food delivery subscriptions, fast food delivery services (with insane delivery fees), buying useless, valueless fad-driven baubles and trinkets on the regular, etc.

Literally hundreds of dollars a month exiting their bank accounts on pointless, really needless micro consumption. And then they want to constantly whine and complain about having no money.

"You will own nothing (of any real value), you will be broke, and you will be happy."
905  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 14, 2021, 02:21:57 PM
On purple paint, I haven't looked it up but have unofficially heard that it may need to be 12 inches, top to bottom to be legal. I've seen a lot of guys just throw an old tyre over a fencepost, and paint that.

For our ranch, the pipe posts every 100 ft were entirely painted purple from top to bottom.

Big, tall, girthy, permanent, tornado-resistant, heavy metal pipes, dipped in purple paint; top-to-bottom.


Is that not a problem?  According to an earlier post (no pun intended!) the purple paint must be “placed so that the bottom of the mark is not less than 3 feet from the ground or more than 5 feet from the ground.“ so if it goes right down to the ground it's not compliant.

Probably not serious, but you wouldn't want an issue on a technicality.

I think he's fine. The regs are mostly about making sure that the paint is able to be seen, i.e., at roughly chest height to eye level, no high bushes or other obstructions, etc. That's because most trespassers will try to claim that they didn't or couldn't see the paint. I think his painted posts are fairly obvious, would definitely hold up in court.
906  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 14, 2021, 02:05:07 PM
End of year/beginning of new year prediction:

Some well-known entity or person is going to announce a sizeable bitcoin acquisition. It could be Elon Musk (again), Jack, M. Saylor, Ark Invest, or some other notable person or company we haven't heard about yet.

It'll either happen right before 2021 ends, or shortly after 2022 begins.

Just leaving this here for the funzies.
907  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 13, 2021, 07:02:44 PM
It seems that some entity is stubbornly selling despite the lack of bitcoin inflows to the spot exchanges.

A small nit: whales selling into their own walls is not actually selling.

Although I agree or at least resonate with most of your paranoid theories ( Wink ), this one never makes that much sense to me.  Why would the "whales" spend the money to do this.  Unless, of course, the whales are actually the exchanges themselves?

I am not questioning the validity of your theory.  I am saying I honestly do not understand it.  Can you elucidate?

It could crush 100 x longs which would make serious money for an exchange .

It is why I would love to see a ban on any leveraged trade over 10x short or long. { Will never happen}

Then why not just sell into support?  Why the wash trading?

It has long been theorized that whale market makers are either a) colluding with exchanges, and/or b) ARE the exchanges. It makes little difference.

But of course that's impossible because we live in such an honest and moral world, am i right?  Wink  Grin
908  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 13, 2021, 05:26:25 PM
It seems that some entity is stubbornly selling despite the lack of bitcoin inflows to the spot exchanges.

A small nit: whales selling into their own walls is not actually selling.
909  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 13, 2021, 03:42:32 PM
OT: It's like they are already low-key telegraphing to the world what their next "global plan-tastrophy" is going to look like:

EXCLUSIVE IMF, 10 countries simulate cyberattack on global financial system
https://www.reuters.com/markets/europe/exclusive-imf-10-countries-simulate-cyber-attack-global-financial-system-2021-12-09/

Quote
The narrator of the film in the simulation said governments were under pressure to clarify the impact of the attack, which was paralysing the global financial system.

"The banks are appealing for emergency liquidity assistance in a multitude of currencies to put a halt to the chaos as counterparties withdraw their funds and limit access to liquidity, leaving the banks in disarray and ruin," the narrator said.

The participants discussed multilateral policies to respond to the crisis, including a coordinated bank holiday, debt repayment grace periods, SWAP/REPO agreements and coordinated delinking from major currencies.

So a world wide cyber attack crisis requires the coordinated response of global emergency liquidity (money printer go moar trillions $$$ brrr), debt moratoriums, and global bank holidays. Gee, who woulda thunk it?  Roll Eyes

Remember Event 201, anyone?   Wink
https://www.centerforhealthsecurity.org/event201/about
910  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 12, 2021, 04:29:26 PM
Holy crap. Reading this naim quoted stuff. Have the dude set on ignore.

Dude. We are not here to be your friends.

Fuck off.

Friendship is earned. Not given.

Good grief.

It's better to have an empty cowshed rather than have a wicked cow.
I am not here to make friends. Read the post first before commenting like this.
There was another guy who PMed me about how he can make friends. That's it.
I know you guys are much familiar with F words. Don't put these words in my mouth.
Don't force me to talk with you that way.

No, what you are is just another desperate troll attempting to pass yourself off as an innocent and inexperienced WO n00b.

Since you showed up here, you have not contributed one interesting thing or discussion point pertaining to Bitcoin that hasn't been a regurgitation of news from other sources. You also seem to have no opinion or stance on anything beyond just "I like bitcoin too! Please love me guys and merit me." You type a bunch of navel-gazing nonsense that hurts my brain to read.

So like Bob said, please fuck off to other pastures.

Back to /ignore you go.
911  Other / Off-topic / Re: [WO/Hat-Gang Only - MODERATED] The fucking COVID vax thread (No hat? Fuck off!) on: December 12, 2021, 03:14:58 PM
Harvard Study Explodes Myths About ‘Vaccines’ Stopping the Spread – But It’s Even Worse Than That
https://beckernews.com/harvard-study-explodes-myths-about-vaccines-stopping-the-spread-but-its-even-worse-than-that-43431/

Quote
A Harvard study of 68 nations and 2,947 counties in the United States published in the European Journal of Epidemiology is shattering the argument that the mRNA therapeutic drugs being marketed as “vaccines” do anything significantly to stop the spread of Covid-19.

It’s even worse than that. As Becker News suggested in September, there is a positive correlation between a nation’s vaccination levels and the “case” rates being reported. The scientific findings are a crushing blow to the argument that the vaccines have a “public health” purpose and that vaccine mandates are justified.

The study also makes an interesting point about counties with extremely high vaccination rates: “Of the top 5 counties that have the highest percentage of population fully vaccinated (99.9–84.3%), the US Centers for Disease Control and Prevention (CDC) identifies 4 of them as ‘High’ Transmission counties.”

Well duh, as if we can't deduce that ourselves...
912  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 12, 2021, 03:02:11 PM
OT: 40% of all gains in the stonk market since March 2020 due to stonk buybacks.

913  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 11, 2021, 01:45:45 PM
Talking about interesting and important posts, here is that picture of my new medal I was talking about.

As I said, it used to be a badge, marking the number of years you served in the home guard, in my case twenty years. A nice little thing to put on your uniform and a nice encouragement for the lads. You can see it on the right side of the good looking lieutenants chest on the picture below.
But now they have made it into a medal and I'm heavily against that, a nice badge for encouragement yes, a medal for showing up for work, no, definitely not.
Medals should be reserved for more important things than that.
And it also leaves the right side of the uniform kind of empty, and its uglier than the badge.





So Arrie, what is 'home guard'? Is that like the National Guard in the U.S.?
914  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 10, 2021, 09:49:28 PM
@Torque

I’m 50/50 on you …. Otherwise it was merited heavily

Sorry Sir

But there are max amount per 30days and I’m on that max for you currently

Though I do like the model and the way of thinking behind it.


His model is interesting, I'll give him that.

But not attempting to model any kind of demand in the model beyond just a constant doesn't really work for me.

Demand doesn't always grow, or even stay a constant. Demand in any market can go down for some period of time. Yes, even in Bitcoin. And on the flip side, excessive, prolonged shorting is a kind of constant demand where the price will actually go down and stay down for a while.

And the rate of outflows from exchanges is an interesting metric, but it is not an infallible indicator. Whales could just move coins off exchanges (for a period of time) in order to spoof the markets. They do KNOW that people (crypto market analysts? lol) are now looking at these types of metrics.

Now if we had spot Bitcoin ETFs that actually held the asset transparently and auditable, we could measure long hold outflows more accurately.

--------------------------------------------------------------------------------------------------------------------------------------------

EDIT: Btw, I don't want anyone here to think me a pessimist or bear. We had some really fantastic, extraordinary things happen in Bitcoin this year:

1. We hit a new ATH, twice!

2. The price is up 5X from mid-2020!

3. We have Bitcoin ETFs!

4. We had a friggin country adopt Bitcoin as legal tender!

So I'm pretty stoked, and I hope you guys are too. The future looks bright for Bitcoin.
915  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 10, 2021, 09:34:57 PM
This is an effin' bubble that's starting to burst, created by loosened Fed's policy. 2022 is going to be total different, let alone your "6-figure" BTC LMAO

Even if you are correct and we have a bubble pop and market crash in 2022, how would that play out any different than March 2020?

The markets will flash crash, the Fed will slam rates to 0% and flood the markets with trillions $$$ overnight, the markets will get bought back up, and Bitcoin will moon (easily to $100K+)... all before you even wake up and think about moving money to buy the dip.
916  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 10, 2021, 06:21:56 PM
Aside shower thought:

I know quite a few here on WO have followed PlanB's S2F model for some time now, and some of you may really believe in it strongly.

But I would ask you to look at it from another angle.

PlanB and his model appeared out of nowhere, right as the new bull cycle was taking off in mid-2020. Seems a bit convenient timing, doncha think?

Well if you have been around for many years here on WO, you would know that we see some rumor of future bullish news come out at the start of literally every single bull cycle. Every time, it was always pointing to some bullish "sure thing" just over the horizon, whether it was "Wall Street is coming to pile in!" or "Amazon and Facebook are going to adopt bitcoin!" (2013), or "A Bitcoin ETF launching any day now!" (2016), and this past year "PlanB's S2F model predicting $200K+ by Q3 2021!" (2020-2021).

Look, I get it. We all love and want some bullish rumor of future news to hang our hat on and get excited about. That's human nature. But they always do this stuff to draw in the get-rich-quick n00bs to buy Bitcoin at over-leveraged, over-inflated high prices during the bull run. That's their purpose. And if you stay a hodler long enough and are observant, you'll be able to recognize this same pattern over and over again.

So please consider that PlanB could just be another insider plant by the whale traders to spin bullish hopium. There are never any "sure things" wrt Bitcoin.

And for gods sake, just hodl bitcoin for the long run. Think in many many years, not in months. Keep buying, keep DCA'ing. Hodl for life.
917  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 10, 2021, 05:26:27 PM


I saw this PlanB tweet after I had already drafted and posted my above post... and surely I think that PlanB and I are saying similar things - but he seems to like to get his lil selfie into trouble with his use of absolutes... but whatever.. he can do his lil thingie..

I think another issue with PlanB is the assumption that there will always be "a bear market -80% draw down" from every market top.

That's absurd to believe that. As the Bitcoin market gets bigger, volatility in either direction gets smaller. The main reason is because leverage stays relatively flat, i.e., the same amount of leverage applied to an ever increasing sized market has less and less of an effect over time in either direction.
918  Other / Off-topic / Re: [WO/Hat-Gang Only - MODERATED] The fucking COVID vax thread (No hat? Fuck off!) on: December 10, 2021, 03:21:19 PM
Top Cardiologist: Vaccine-Induced Myocarditis in Young People ‘Way More Serious’ Than COVID-Induced Myocarditis
https://tennesseestar.com/2021/12/10/top-cardiologist-vaccine-induced-myocarditis-in-young-people-way-more-serious-than-covid-induced-myocarditis/

Quote
He told Dr. Johnson that the type of myocarditis that occurs with a natural infection is very different from the myocarditis seen in people who have been vaccinated.

In the COVID-19 cases, the heart inflammation happens mainly in those who are in the intensive care unit with severe COVID, and who have an elevation in their troponin levels, McCullough explained.

Troponin is a type of protein found in skeletal muscle and cardiac muscle. Measurements of cardiac-specific troponins are used as diagnostic and prognostic indicators in the management of myocardial infection and acute coronary syndrome.

The doctor emphasized that usually “the myocarditis in COVID-19 is mild, it’s inconsequential, and it’s largely a component of elevation [of troponin].”

Conversely, he said, “there are pre-clinical studies suggesting the lipid nanoparticles [from the vaccines] actually go right into the heart.”

“The heart expresses the spike protein, the body attacks the heart. There are dramatic EKG changes,” he explained.


“I don’t want anybody to think that the myocarditis of a natural infection is anything like what we’re seeing with the vaccines,” McCullough stressed.

“The [troponin] blood test for heart injury with the vaccine myocarditis, is 10 to 100 times higher than the troponin we see with a natural infection,” he continued. “It’s a totally different syndrome.”

McCullough said that the risk of heart disease in children who have received the jab, far outweigh the benefits.

“When kids get myocarditis after the vaccine, 90 percent have to be hospitalized, they have dramatic EKG changes, chest pain, heart failure, they need an echocardiogram,” he said, adding “they need medication to prevent heart failure.”

Umm...I think it might be a little difficult to self-report that last side effect. Just sayin'. Lol

919  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 10, 2021, 02:14:33 PM
Is there any exchange that I can sell BCH on and easily withdraw to my bank account?

Coinbase
920  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 10, 2021, 01:07:41 PM
End of civilization is near I can feel it.



Their VR garbage world full of ads and useless NFTs will fail.

Desperation feels desperate. Build it and nobody will come.

And the irony is that NFTs are the "tulip mania" of our time, not Bitcoin.
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