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

[JayJuanGee]

Damn you JJG, you’re way too observant in this thread.

Insert boating accident quip

All individual stash speculations are based on past data provided by the respective individuals... which could even be lying or intentionally misleading. So every calculation could perfectly be wrong or just completely outdated.

You don't even need a "boating accident" to wipe out all your past stash. Margin trading accidents also happen. Wrong decisions. Or just huge expenses.

Definitely agree with all this.
Plus all estimated stash amounts will be way outdated near the next bull run peak regardless. Most of us will be wanting to take life changing money out then, no?

Yep. I know I have said in the past that I was a "double digit" BTC hodler but:

1) I could have been lying or misrepresenting reality.

2) That was in the past. That could have changed already.

3) Maybe I can not access my stash anymore. Haven't tried lately to be honest so maybe that is true even if i don't know it!

4) Even if it is still the case, that could substantially change soon if I decide to sell some. Or maybe I already did? Who the fucking knows.

SCHRODINGER STASH!

I may or may not have been stacking thousands of satoshis.. or even six-digits satoshis,  you fucks!!!!!  

You can't fool anyone. You are also a two digits schrodinger stash hodler. Maybe two digits satoshis though.

Hey... I know that we shouldn't be advocating trading of satoshis, but some of us have to serve as examples regarding how one might start "swing trading" with a BIGGER stash than they ended up with........ .. value your wealth in satoshis... NOT dollars.    

Some day, I might even figure out how to use the lightning network in which it has been shown that you can transmit low numbers of satoshis and have fees that involve sub satoshis.  I believe as small as 1/1,000-th of a satoshi.  

In the future, there may be some peeps (maybe roach's grandchildren (to the extent that someone like him could be hypothetically fertile) and some other bitcoin naysayers) who are going to be fighting to get their lil greedy goldbug hands on sub-satoshis - and buying those sub-satoshis with their gold bars from out of great-grandmas basement.  

[1679726891]

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[1679726891]

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[1679726891]

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[jojo69]

And they'll say equally uncomplimentary things about white devils, but if we sit down and start talking like individuals we'll find we're all rather lovely and not responsible for the gross societies we find ourselves marooned in. The chicks are mental though.

Of course I know all that on a cognitive, intellectual level.  It is the emotional, visceral level I am having trouble with.

At least I'm not sitting here saying "I'm not racist but".

[gentlemand]

Of course I know all that on a cognitive, intellectual level.  It is the emotional, visceral level I am having trouble with.

At least I'm not sitting here saying "I'm not racist but".

I would say you are being societiest rather than racist.

Much cooler.

[cAPSLOCK]

FilBTCfilBTC says down before up. Still more or less sideways.  Observing a small bid just now to $8728
https://twitter.com/filbfilb/status/1221596612335669250

His analysis is great.  Big fan. But I think he will be wrong this time.  The fundamentals of our situation are borked.  And BTC is looking like it's turning into a safe haven asset.

[JayJuanGee]

@ Searing, I could have told you for free that selling 13BTC for $3xxx last year was a bad idea.
I hope you still have at least 20-25 left because that was a bad move, brother.

He's got about 98 of them (at least after those anticipated sales of those shitcoins)

That's not creepy. At all. I recall you made a guesstimate at my stash at one time as well...

Thanks for the invitation (I think?).  

I suppose that currently such hypothetical blawb stash is in the 300 to 350 arena.. to the extent that any of us can read between some lines.... but, yeah,  cannot really know for sure.. and I might have missed a few of the quasi-topical posts....

I only have so much attention span... senile dementia kicking in, variations of A.D.D, my own delusions of self-grandeur and the self-labotomy attempts that I may or may not have tried out in order to "take one for the team" don't really help too much either... oh and the Robin slaps, can sometimes even jostle my noggin around a bit too much, even though Robin is NOT as powerful as he sometimes believes himself to be.. it's the damned "me too" crap that he has been exposed to in recent years that causes him to want to challenge those of us with exposure to king daddy powers, it seems.

[JayJuanGee]

I don't know what monero has to do with this area of discussion.

Regarding bitcoin, there have always been discussions of various hype waves and trying to figure out at what point in a hype wave cycle we might be, and sure the more four year patterns, the more we can see if bitcoin ends up hyping in four year cycles or if it is meaningful to put it into such timeframe expectations.

With any expectation, it would be far from certain regarding either degree or even the timeline....

I doubt that it is accurate to put shitcoins into the same pattern as bitcoin, and maybe that would have been why you are projecting a bit of a different timeframe for monero, or to assert that you had anticipated a higher price at an earlier time with monero... yet in any event, seems that a lot of the shitcoins, including monero, have been depending largely upon bitcoin for their hype so end up getting caught up in bitcoin's cycle, somewhat... but still why the fuck we want to assert some kind of meaning or attention to monero?  Having trouble with your connection, except maybe your saying that you bought some of it and maybe even making some kind of reference to its lack luster performance in recent times?  

Again,,,, connection?

Maybe you are just a massive cock unable to understand synergies and relationships. For me, Monero has stretched out from expectations. Your friends are saying the same about bitcoin. I related. Maybe we all need to adjust.

No need to be a loser and attack me. If you want fuck fuck your mum



I see you guys also re adjusting your expectations.

I wish only good things for bitcoin people.

So, you are turning into a Monero shill in this bitcoin thread?  Is that the point that you are trying to make?

I was merely trying to ask you what the fuck connection monero has with this bitcoin thread, and you are reading my inquiry as if it were some kind of personal attack?  It is not a personal attack.  I was merely trying to figure out the connection, and you largely admitted that there was not any kind of meaningful connection except perhaps your desire to name drop some monero into king daddy's thread.  

Haha turning into, the forums best ever kept secret I like Monero  (see hat)   lol

My colours are out there, I live and die by the price of BTC no lie.

The point I made was we also had expectations on time frame which have lengthened, you may not be alone. Maybe for me its even part of that dependency. Hmm I didn't even think like that. You probably flashed the answer out of my mind right there. Thanks.

Lets hope things don't stretch out too much, like all the other long boring times?  

if its scaling up periodically? maybe we missed a scaling out?

Well, trying to stay relevant to this thread can be quite helpful and not cause some shitcoin pumpers to become more and more of person non-grata, even though you want to get some sympathy for your shitcoin being considered as "potetially" less worse than other shitcoins... .. It is still seemingly largely betterly irrelevant to this particular thread that is not so receptive to various shitcoins or even trying to grade them.. even though some regular WO peeps do devolve into that largely irrelevant direction from time to time.

However, as an attempt to strive towards some quasi-relevance, whether we are referring to your shitcoin or other shitcoins, I have been a bit worried in the last couple of weeks regarding what seems to be too much of a seemingly leading of this particular BTC upwards price blip that seems to be coming from various shitcoins.  So in that regard, I worry regarding how solid our current BTC price "run" might be.. and causes me to have a considerable amount of caution in any kind of optimism that I might start to feel from BTC prices moving UPPITY.

Nonetheless, even with these feelings regarding shitcoins pumpening too muchie, I don't really change my style too much except maybe I will be more confident to sell a tiny bit more BTC while the BTC prices are going up and maybe a tiny bit less confident to buy BTC on dips with the thoughts that BTC's price could go lower because of the seemingly ongoing frothy shitcoin pumpenings.  These remain ONLY minor tweaks that I tend to make on the margins rather than anything that I would want to put any kind of meaning value upon such "feelings" regarding short term price directions that a bunch of crapcoins are pumping way too fucking muchie.  

On the other hand, an optimistic scenario might still consider that BTC will continue with its relative upward price movement while shitcoins start to either stagnate or to correct, yet I understand that I might be a bit too "pie in the sky" with those kinds of current thinkenings that I am suffering.

[bitserve]

It has intrinsic value but part of that value is that it has the potential to replace currencies. They actually call it a cryptocurrency...so maybe it should be used as one.

The trend has not been toward more uses in spending but less. I have to agree with Mark Cuban on this one...if you can't use it other than just speculating on it, then what's the point? Just speculate on any number of other things with limited amounts.

My hope has always been that it will replace the dollar. Without the dollar, the US cannot print money out of nowhere to fund its endless wars.

I do agree in that part of the intrinsic value is it being a means of payment. I have indeed used it sometimes (few to be honest) for payment. Graham's money rule applies strongly here though. Why use "good" (BTC) money instead of "bad" (FIAT) money for spending? That is a consequence of having other qualities such as (a huge) potential of appreciation. When that vanishes maybe you will see more usage as a currency.

But... replacing the dollar? Replacing the US (or any other state) "printing"? I donno. I mean... one of the most important ways of control states do need and use is "printing of money" to balance economy. I know it is a libertarian thing to think that if Bitcoin would succeed it would go and replace FIAT and stop the "printing press". I don't think so. They would find a way to control the economy no matter what. Otherwise they would never let BTC (or any equivalent decentralised cryptocurrency) succeed in replacing FIAT.

The dollar will eventually die, yeah, but I don't see how they will allow it being replaced by anything else that they can exert some amount of control over it.

[jojo69]

I'm really conflicted about rising number under the circumstances.

And Bob...what do we do with the indigenous Madagascans?

[LFC_Bitcoin]

I'm really conflicted about rising number under the circumstances.

And Bob...what do we do with the indigenous Madagascans?

Blood sports!

Rich people like to watch poor people fight!

[becoin]

China successfully found acceptable excuse for the recession they enter. Lets see what fairy tale America and Germany will come up with.

[Elwar]

China successfully found acceptable excuse for the recession they enter. Lets see what fairy tale America and Germany will come up with.

[willope]

Knock Knock

Who's there?

TADAIMA

[d_eddie]

Masterluc sez we're going down.

I think the rebound is over, we can still visit the weekly ma200 @5261

[willope]

Masterluc sez we're going down.

I think the rebound is over, we can still visit the weekly ma200 @5261

But my TA based on Vegeta is better so it's definitely going up.

(Also, bearish trendline is totally broken + weekly MACD candle is green. Or whatever. )

[LFC_Bitcoin]

Masterluc sez we're going down.

I think the rebound is over, we can still visit the weekly ma200 @5261

He lost any credibility he had a while ago, buddy.

[cAPSLOCK]

@ Searing, I could have told you for free that selling 13BTC for $3xxx last year was a bad idea.
I hope you still have at least 20-25 left because that was a bad move, brother.

He's got about 98 of them (at least after those anticipated sales of those shitcoins)

That's not creepy. At all. I recall you made a guesstimate at my stash at one time as well...

His dick measuring has always been a dominant feature.  Thing is.. in my experience the people who are comfortable with their holding and risk levels don't feel the need to do that sort of thing.  It's really a form of compensation.  Who cares what someone else has.  At least enough to try to start some kind of guessing game?  

Well there's 3 letter agencies, crooks, and insecure people.

[mindrust]

Masterluc sez we're going down.

I think the rebound is over, we can still visit the weekly ma200 @5261

I am making it official here, Going all in @ 5500.

That's why it is never going to happen.

[cAPSLOCK]

But you know what is really cooking my goose?

Fucking BCash.  Not because I don't/want it to go up, or down, or sideways.  It's not that at all.  It is specific to the situation it is in currently.

It's just that they make an announcement they are going to prove their centralized nature by adding a TAX to the mining that someone (The Bcash council?) gets to decide how to spen... Damn I can't even finish typing this it's so stupid.  

But why the hell IN LIGHT OF THE FACT THEY ARE PROVING THEMSELVES TO BE A SCAM is the price going UP?!??!??

Someone please tell me it trades so thinly that it's being manipulated.

Because otherwise we have SO MUCH MORE stupid to weed out.  I am just so tired of the scams.

*EDIT*

What the actual fuck?



Seriously THAT can't be right?

[JayJuanGee]

It has intrinsic value but part of that value is that it has the potential to replace currencies. They actually call it a cryptocurrency...so maybe it should be used as one.

The trend has not been toward more uses in spending but less. I have to agree with Mark Cuban on this one...if you can't use it other than just speculating on it, then what's the point? Just speculate on any number of other things with limited amounts.

My hope has always been that it will replace the dollar. Without the dollar, the US cannot print money out of nowhere to fund its endless wars.

I do agree in that part of the intrinsic value is it being a means of payment. I have indeed used it sometimes (few to be honest) for payment. Graham's money rule applies strongly here though. Why use "good" (BTC) money instead of "bad" (FIAT) money for spending? That is a consequence of having other qualities such as (a huge) potential of appreciation. When that vanishes maybe you will see more usage as a currency.

I think that you meant to refer to Gresham's law...

Any, I understand the point that you are making, and you even seem to be suggesting that you don't really buy the theory (or possibility) that bitcoin is designed to pump forever, which would kind of imply that we don't ever quite get to the status of anyone really wanting to spend their bitcoin because there are always going to be inferior monies out there to spend.  Of course, if you only have bitcoin, you are going to spend it, but if you have any other monies, you will spend that (those) first.

I will personally concede that even if you are a fuck all young person in his/her sub-teens currently reading this thread, you might not even live long enough to see the day in which bitcoin is the only currency.. just assuming for the sake of argument that there might be some current thread readers that will still be alive in the year 2120 (about 20 years before the mining rewards are scheduled to end).

But... replacing the dollar? Replacing the US (or any other state) "printing"? I donno. I mean... one of the most important ways of control states do need and use is "printing of money" to balance economy. I know it is a libertarian thing to think that if Bitcoin would succeed it would go and replace FIAT and stop the "printing press". I don't think so. They would find a way to control the economy no matter what. Otherwise they would never let BTC (or any equivalent decentralised cryptocurrency) succeed in replacing FIAT.

Never say never.

There are lot's of things that we have difficulties to anticipate.  I recall that around the time that I got into bitcoin, in late 2013, I had been involved in some of those kinds of libertarian debates at that time that continuously suggest that the USA Government is imminently ready to collapse, and some of those kinds of speculations.  I personally asserted that I had difficulties speculating that the USA government and/or dollar could reasonably collapse in a time frame that is less than 30 years.  We have more evidence of further desperation and lame ass irresponsibility behaviors of USA leaders that might cause some of us to speculate that they are even more irresponsible in the gradually and then suddenly direction.

Surely, in the past there were some conceptual difficulties to consider vehicles in which some other currency, whether the Euro or the Yuan or some other currency might take the place of the dollar, yet bitcoin has been designed to fit into that kind of a role...

Yeah, sure such value gravitation does not have to flow into bitcoin in any kind of sudden way, but bitcoin is exactly there to potentially serve in a kind of safety net kind of way that could even possibly lessen the chances of Armageddon or even any kind of physical/army revolutionary transition.... Yeah, there are going to be states that bomb and kill innocent people for a while, but even those kinds of problematic outcomes might not lead to any kind of Armageddon transition as being a transition condition precedent in order to allow for more and more value to gravitate into bitcoin.. which does not have or even need governments in order to operate decently well and how it is designed.

Don't get me wrong, I am not saying that we don't need a world without government because in my personal opinion, there are a lot of ways that governments are needed in order to balance some public good type resources that would have lots of difficulties in a world without governments, but governments are likely going to be forced to figure out ways to accomplish their public works in ways that account for the various powers of king daddy.

The dollar will eventually die, yeah, but I don't see how they will allow it being replaced by anything else that they can exert some amount of control over it.

Yeah, of course, "they" are going to fight king daddy here and there... but there is only so much that can be done to actually win against king daddy.  AmiNOTrite?  Yeah, it could take 30, 50, 100 or more years, but I doubt that I am even going to be around, personally in 50 years, so it would be hard for me, personally, to proclaim: " I told you so."... not that I am trying to be right.. I hardly give any shits, anyhow about these more macro-issues, and I am just attempting to be descriptive rather than prescriptive... Why do I give any shits about bitcoin, except to attempt to protect my own personal strategies in regards to managing my two digits stash.

[gentlemand]

But why the hell IN LIGHT OF THE FACT THEY ARE PROVING THEMSELVES TO BE A SCAM is the price going UP?!??!??

Bitcoin Gold got 51% attacked again.

The price went up 18% on the good news.

Just feel and roll with it, baby.