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

[Ibian]

The perfect society has already been done. It was Sparta.

In any culture where it is not the people who hold the physical power, tyranny and eventual collapse is unavoidable. The State must fear the People. Any notion of being "ruled by consent" is absurd otherwise.

[DaRude]

Here is another video of the man who was pushed over backwards by the police and cracked his head.

It turns out that he had picked up a dropped police helmet and went to hand it back to them....  that’s when they pushed him over

https://i.imgur.com/yb5Lejz.mp4

Don't show it to bitserve it'll totally undermine his "confrontation" narrative.

As much tragic this incident is, the reaction of the cops was totally predictable (the push away). What you see in the video is an anti-riot squad that someone has ordered to be deployed to clear the zone. When the man approaches them they have just started to advance in formation. Never, ever, be caught in their path as their orders are to remove/disperse everyone from there by non-letal force and to try their best effort not to break formation. Why the man was not aware of what was happening right in front of him is a wonder.

An anti-riot (they are easily recognisable by their vests and equipment so it's hard to miss them) unit is not your friendly cop you can talk to. An anti-riot squad is "something" you know it is surely going to beat you (with batons most of the time) if you manage to be in it's close proximity when they start advancing. That's the orders they have and that's what they did with the unfortunate ending.

If you want someone to blame, blame whomever ordered them to do "their thing" right there, because what they did is exactly what they are expected to do. That's probably why they have resigned from the squad.

Unfortunately there are thousands of clear cases of police brutality and even cold blood murdering that are a way better example of the situation than this one.

That only proves that the issue is at the system level. I doubt that IDing cops and realizing that standing in front of riot police automatically gets you a beat down is such a common knowledge you claim it to be. But that's how the system is set up, cops on the front line are hiding behind the "my orders" defense. And when shit hits the fan the system just sacrifices few scapegoat to please the masses long enough so they forget about it and move on. Ultimately people don't care about logistics. If there's injustice, you cause death or great bodily harm to non violent offenders=the city burns. Kinda obviously logical don't you think? As far as outcomes, either protests will die down after few more scapegoats and empty promises, or system will be changed. Both supervisor giving the order to push forward in front of the old man as well as the individual cops should be held liable (exactly how they do it to people https://www.aclu.org/issues/capital-punishment/when-state-kills-those-who-didnt-kill). Of course that means pretty much disbanding and retraining every single cop with new guidelines.

[bitserve]

The solution is simple. No fucking psychos in the police or the military. The guy who Took A Knee should have been identified and kicked out years ago.

Who is this mythical "someone" that you speak of? Who do we hold accountable, beyond the individual cop in question here?

Agreed. But maybe they don't really want to solve it? The George Floyd murder is by no means an isolated incident. The very same murderer cop has two other questionable killings in his history.

I don't know who decided to deploy an anti-riot squad (the Governor?). Also I don't even have enough information to argue if it (the deployment) was justified by the situation or not... nor I can judge that from the video. I am just saying that the anti-riot squad acted as expected with an unfortunate result, unlike what all the cops involved in the Floyd murder (and MAAANY other cases) did.

[Ibian]

The solution is simple. No fucking psychos in the police or the military. The guy who Took A Knee should have been identified and kicked out years ago.

Who is this mythical "someone" that you speak of? Who do we hold accountable, beyond the individual cop in question here?

Agreed. But maybe they don't really want to solve it? The George Floyd murder is by no means an isolated incident. The very same murderer cop has two other questionable killings in his history.

I don't know who decided to deploy an anti-riot squad (the Governor?). Also I don't even have enough information to argue if it (the deployment) was justified by the situation or not... nor I can judge that from the video. I am just saying that the anti-riot squad acted as expected with an unfortunate result, unlike what all the cops involved in the Floyd murder (and MAAANY other cases) did.

The question is, do we want to solve it? We are, potentially, the new wealthy elite. In coming decades we may have Soros-levels of influence. Think carefully about what the future should be like.

[VB1001]

Zero, in the poll, currently collecting and stacking sats, my vote in a normal BTC situation would be option 1.

#StrongHats

[HairyMaclairy]

There is no option for rebuying in the inevitable post bull crash.  I will sell half (again) but will rebuy (again) in the depths of the inevitable winter. 

[fonship]

i have not sold any since 2016, so this time, need to sell some good amount

[bitebits]

https://twitter.com/btctimetraveler/status/1268953945336172545

- Dad can I borrow $9,700?

- What? Why do you need $11,800?
$15,000 is a lot of money!

#bitcoin 

[VB1001]

There is no option for rebuying in the inevitable post bull crash.  I will sell half (again) but will rebuy (again) in the depths of the inevitable winter. 

The goal sooner or later is to pass the last ATH, until this happens it would be very cautious.

[Peanutswar]

i have not sold any since 2016, so this time, need to sell some good amount

That was too long to hodl that coin if you think you already gained profit why not sell it instead of getting for another long term again.

https://twitter.com/btctimetraveler/status/1268953945336172545

- Dad can I borrow $9,700?

- What? Why do you need $11,800?
$15,000 is a lot of money!

#bitcoin

That strategy so your dad don't give you a huge amount of money lol

[HairyMaclairy]

There is no option for rebuying in the inevitable post bull crash.  I will sell half (again) but will rebuy (again) in the depths of the inevitable winter. 

The goal sooner or later is to pass the last ATH, until this happens it would be very cautious.

I’m 85% BTC, 15% USD. The only real question over the next 18 months is when to convert the remaining USD to BTC

[VB1001]

There is no option for rebuying in the inevitable post bull crash.  I will sell half (again) but will rebuy (again) in the depths of the inevitable winter. 

The goal sooner or later is to pass the last ATH, until this happens it would be very cautious.

I’m 85% BTC, 15% USD. The only real question over the next 18 months is when to convert the remaining USD to BTC

The right amount to maintain your current standard of living.

[serveria.com]

Why $8.1K Will Be a Key Level for Bitcoin Price for the Next 6 Months

Bitcoin may not break $10,000 for some time as several metrics point to possible pullbacks to under $9,000.

FFS. Put me in a cryopreservation capsule and wake me up in 2023.

This is metaphysical. We are being told that more BTC is being bought than mined. So how is that possible? How can asset devalue in scarcity? 

[JayJuanGee]

There is no option for rebuying in the inevitable post bull crash.  I will sell half (again) but will rebuy (again) in the depths of the inevitable winter.  

The goal sooner or later is to pass the last ATH, until this happens it would be very cautious.

I’m 85% BTC, 15% USD. The only real question over the next 18 months is when to convert the remaining USD to BTC

Gosh.

I probably would not be the right person to ask on this topic.  Remember when we went up to $20k, my cash probably got only into the 12% arena (so 88% BTC at the top), and on the dips to $3,124 and subsequently to $3,850, I was probably in the neighborhood of 1% or maybe I was too chicken and I kept about 1.5%.

Currently, I am about 3.5% for cash, so you are causing me to consider that maybe I am doing something that causes me NOT to sell enough BTC.. but then I have been continuingly wanting to prepare for up.. and to error on the side of overly HODL.

In other words, I am hardly ever keeping enough cash, yet even when I got to 12% (at the top of the 2017 run), I was feeling like I had way too much cash in my various accounts...

It's like a damned if you do and damned if you don't situation.  Yet, sometimes I think that I might not be playing around enough with changing my percentages at various price locations.. because I feel better sleeping in bitcoin... for some reason.  

Possibly a way to adjust this could be to start shaving off a bit higher amounts of dollars from selling BTC after we get above $30k-ish... I will consider this idea in the coming months (or maybe I will just procrastinate to see how some of these price matters play out and just work with the idea of selling a bit more in a more spontaneous kind of way... let's say in the supra $60k arena - assuming that there are decent odds to get there).. ..

I have already seen that the dollar value really does start to add up, just with the mediocre and ongoing incremental sales, and I just hate having so many dollars just sitting idle, even though we have seen that they can come in quite handy 6 - 12 months after we start to realize that we are in a prolonged correction, considering that it might happen similarly in the future.

There is no option for rebuying in the inevitable post bull crash.  I will sell half (again) but will rebuy (again) in the depths of the inevitable winter.  

The goal sooner or later is to pass the last ATH, until this happens it would be very cautious.

I’m 85% BTC, 15% USD. The only real question over the next 18 months is when to convert the remaining USD to BTC

The right amount to maintain your current standard of living.

I am thinking that Hairy might already have his standard of living already worked out with other cash that he has in other places, and figuring out when and how to play around with the 15% is merely just trying to figure out a kind of sound and comfortable strategy about when the BTC price is surely going up.,. without the dramatic corrections and/or uncertain periods of sideways (which are really just threats of continued down corrections).  

In other words, first world problems of already having more money than he really needs... hahahahahaha  

[bitserve]

Here is another video of the man who was pushed over backwards by the police and cracked his head.

It turns out that he had picked up a dropped police helmet and went to hand it back to them....  that’s when they pushed him over

https://i.imgur.com/yb5Lejz.mp4

Don't show it to bitserve it'll totally undermine his "confrontation" narrative.

As much tragic this incident is, the reaction of the cops was totally predictable (the push away). What you see in the video is an anti-riot squad that someone has ordered to be deployed to clear the zone. When the man approaches them they have just started to advance in formation. Never, ever, be caught in their path as their orders are to remove/disperse everyone from there by non-letal force and to try their best effort not to break formation. Why the man was not aware of what was happening right in front of him is a wonder.

An anti-riot (they are easily recognisable by their vests and equipment so it's hard to miss them) unit is not your friendly cop you can talk to. An anti-riot squad is "something" you know it is surely going to beat you (with batons most of the time) if you manage to be in it's close proximity when they start advancing. That's the orders they have and that's what they did with the unfortunate ending.

If you want someone to blame, blame whomever ordered them to do "their thing" right there, because what they did is exactly what they are expected to do. That's probably why they have resigned from the squad.

Unfortunately there are thousands of clear cases of police brutality and even cold blood murdering that are a way better example of the situation than this one.

That only proves that the issue is at the system level. I doubt that IDing cops and realizing that standing in front of riot police automatically gets you a beat down is such a common knowledge you claim it to be. But that's how the system is set up, cops on the front line are hiding behind the "my orders" defense. And when shit hits the fan the system just sacrifices few scapegoat to please the masses long enough so they forget about it and move on. Ultimately people don't care about logistics. If there's injustice, you cause death or great bodily harm to non violent offenders=the city burns. Kinda obviously logical don't you think? As far as outcomes, either protests will die down after few more scapegoats and empty promises, or system will be changed. Both supervisor giving the order to push forward in front of the old man as well as the individual cops should be held liable (exactly how they do it to people https://www.aclu.org/issues/capital-punishment/when-state-kills-those-who-didnt-kill). Of course that means pretty much disbanding and retraining every single cop with new guidelines.

I have just realised what you have just said maybe is key here. In US people are already used (and more than justifiably angry) to police brutality and abuse but... maybe riot police is a rare thing that isn't usually employed nor there are dedicated teams? If people would confuse their action such as that of a regular cop I totally understand the surprise and anger over their (pretty standard) procedure.

In fact now that I rewatch the video, they indeed almost broke formation during the confusion, something a dedicated squad wouldn't do. Maybe they are regular cops that just received a very basic anti riot training and gear after the riots started?

Riot police is usually harmless, as long as you fucking go out of their way when they start advancing because their main mission is just to disperse riots, that's all. They are not even going to run after you unless you do something crazily stupid. Of course, people need to know that beforehand, otherwise they won't understand why they are being beaten with batons and how they could have easily avoided it in first place.

[elrippos friend]

Here is a homeless man in a wheelchair.  

He was not participating in the demonstration.  He was just there.

However the LAPD have decided to shoot him in the face with a rubber bullet at close range.

This is not a nice thing to do.  This is not what normal police officers do.  As one police chief explains:

According to the Trace, the Minneapolis Police Department’s use-of-force policy strongly advises against pointing 40 mm launchers — which are used to deploy rubber bullets, beanbag rounds, and sponge rounds — above a person’s lower extremities. The policy also acknowledges that the projectiles can cause “grievous” injuries, and in some cases, death. Rubber bullets should be used only to control “an extremely dangerous crowd,” Brian Higgins, a former police chief, told Kaiser Health News.

Bonus picture. A 15 girl is sitting on the ground blinded by pepper spray.  So a cop casually walks up to her and kicks her in the face.  



https://twitter.com/jeffshafer/status/1268684973604814857?s=21

Some of you may consider the cop to be a hero for kicking a seated girl in the face. I don’t. 

The Police in the US is the opposite of serving and to protecting the ordinary people, but it is not a wonder or coincidence, that the US is always using force to protect their interests. Despite that, i do not really see a correlation and causality for the guy in the wheelchair or the girl on the ground to be blindly involved and hit by force, but that seems to be a educational problem in the US in general. The only ones that should be protected are those victims, aka ordinary people, from the police in the US 

[Ibian]

General reminder that people with too high IQ are not allowed to be cops.

[Karartma1]

Zero, in the poll, currently collecting and stacking sats, my vote in a normal BTC situation would be option 1.

#StrongHats

Agreed.
On a more stupid and ironic note I would use the following hashtag based on yours
#StrongCats
 

[serveria.com]

Voted 51-60%. Will definitely buy back all or nearly all during the bear market that will follow.

[El duderino_]

https://twitter.com/danheld/status/1269085942435819521?s=21