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

[Biodom]

I already said before that i don't like these developments.
Already, some f-kheads are starting saying the Nescape word..blah blah. Whatever.
Honestly, I blame Barry Silbert in part and his stupid fund construct (that does not allow btc sells from the fund).
As the result-a large negative premium in GBTC, wrecking havoc.

The structure of the whole market is quite similar to Jan 2018, unfortunately.
If bitcoin will not go up within the next 2wk max, shitcoins will collapse, imho, and bitcoin will decline too a bit.
Time is of the essence or we will have a meetup with 42-43K.
The idea of a double hump is still alive.

[OutOfMemory]

I already said before that i don't like these developments.
Already, some f-kheads are starting saying the Nescape word..blah blah. Whatever.

The structure of the whole market is quite similar to Jan 2018, unfortunately.
If bitcoin will not go up within the next 2wk max, shitcoins will collapse, imho, and bitcoin will decline too a bit.
Time is of the essence or we will have a meetup with 42-43K.
The idea of a double hump is still alive.

I could well live with that.
House extension works holding up for about the next 2 months, after which some monthly spendable fiat should be available to me again.
I'd welcome a $43k break of the early bull run and buy some more sats for the future.


EDIT: That said, have a good night y'all.

[marcus_of_augustus]

... looking at coinmarketcrap only one thing to say, hory f#*@ing shit

... many of them have doubled in less than a month which can only mean the mania in shitcoinville is blowing off and reaching it's zenith

... next stop is carnagetown in shitcoinville, especially if the eth2.0 launch is Vitalik stillborn, one bug at this juncture could kill off a large portion of that sector imho .... compare with the taproot upgrade method e.g.

[Biodom]

Social commentary:

Bill Gates divorces after 27 years.
Before, Bezos divorced as well, after 25 years.
Sorry, but what's the point to do it at 65?
Got tired of social causes pursuits? Bill was always super competitive.
All that focus on charity work was so not him.

[Biodom]

Maybe time to relax a bit:

https://www.bloomberg.com/news/articles/2021-04-30/more-americans-are-considering-retirement-because-of-covid

The fear of the upcoming (even in 6-12 mo) btc bear is holding me back, otherwise, why not?

[Toxic2040]

the Monday wall report

#dyor


4h



D

#stronghands

[philipma1957]

Does this mean buy doge no.  But it does not belong on the list you made.

I think the list was the top coins by market cap on coinmarketcap. That makes Doge definitely belong on there. There's a few others that don't though (most notably XRP).

I also suspect that the market caps of many alts are being manipulated so not really a good indicator for most purposes and Bitcoin's market cap has its own questions too (nothing nefarious but they are there). Market cap is mostly a meaningless metric anyway.

Well you could be right maybe it was his intention, but of those coins mentioned Doge is decentralized and it is well back by asics none of the others are.
Plus you actually get a bonus coin ltc if you are choosing to mine it.

I was earning

192 a month for my ltc miners on the ltc side

32 a month for my ltc miners on the doge side.

224 a month in July 2020

they now earn

1766 a month on the ltc side
4400 a month on the doge side

6116 based on todays numbers.

so 6116/224 = 27x the earnings.

Will it last? I have zero idea.
Does it mean I buy it? no I don't
do I hodl it? no I don't. should have held it longer than I did but its okay.

Primary reality for a guy like Musk is

BTC+ DOGE/LTC he plays them off each other and increases his wealth.

He can tweet anything he wants about them. They are not Stocks under USA law.

so he is manipulating them back and forth.

This will be fun to watch over the next 6 months.


I convert it into btc and fiat

[shahzadafzal]

OT: Bill and Melinda Gates divorce after 27 years of marriage, saying "we no longer believe we can grow together as a couple". "After a great deal of thought and a lot of work on our relationship, we have made the decision to end our marriage," the pair wrote on Twitter.

https://www.bbc.com/news/world-us-canada-56975466

[marcus_of_augustus]

Bill wants to buy BTC and get the jab ... Melinda just wants a good jab, not one of Bill's?

... who gets the MSFT shares? who gets the vaccine producer shares? who gets the Lake Washington mansion? ... and who gets the BTC?

[dakiller322]

https://i.ibb.co/7b2GMDG/36-CA7994-2897-4-CF2-8-ECA-D3-ABCD609-CF1.jpg

It's not my fault the 5% I put in, is now worth 99%

[lightfoot]

sucks, don't it?

[shahzadafzal]

Bitcoin is a stable coin now oscillating between $55k and $58k for last three weeks.

[Torque]

OT: Bill and Melinda Gates divorce after 27 years of marriage, saying "we no longer believe we can grow together as a couple". "After a great deal of thought and a lot of work on our relationship, we have made the decision to end our marriage," the pair wrote on Twitter.

https://www.bbc.com/news/world-us-canada-56975466

Wow...I never knew that after nearly three decades with someone that is supposedly your soulmate for life, that you still have to desperately find "a way to grow together" or its divorce-ville.

Thanks for clarifying real marriage there, Bill.  

_{(These fkn celebrity marriages...I swear)}

[Torque]

Bitcoin is a stable coin now oscillating between $55k and $58k for last three weeks.

Good. It'll shake out all the "get-rich-quick" newbs that expect a +$10k pump per month, or else.

They can all go die in shitcoinlandia.

[Torque]

"I'd rather put my eggs in ONE basket that I fully control, than in TEN baskets that others control."

I was just looking at CoinMarketCap:
#1: Bitcoin! But it's losing market share, so I wondered what's taking the market share. Turns out, most of them are centralized:
#2: Centrally controlled Hardforkcoin Ethereum.
#3: Centrally controlled Binance Coin.
#4: Centrally controlled Ripple.
#5: Not centrally controlled Dogecoin (but originally started as a meme troll).
#6: Centrally controlled and probably not backed stablecoin Tether. I find it very hard to believe someone holds 52 billion dollar on some bank account to counter this value.
#7: Cardano. I know nothing about this so this is where I stop.

Why are people giving up their trustless Bitcoin for centrally controlled coins that are solely created to make the creator rich?

take Doge off the list and I would agree with you.

understand doge for what it is:

well backed by asics
and 10x the blocks which means 10x the transactions each day are possible.

the other coins are garbage.

Does this mean buy doge no.  But it does not belong on the list you made.

Just because you like to keep reminding people that you make actual money from Doge mining and trading, doesn't mean it's not a shitcoin.

Because it is. It is a joke meme shitcoin.

Doesn't matter that it's "well backed by asics". So is Litecoin, which is another shitcoin. They're all shitcoins except BTC.

[Hueristic]

...

Does this mean buy doge no.  But it does not belong on the list you made.

Just because you like to keep reminding people that you make actual money from Doge mining and trading, doesn't mean it's not a shitcoin.

Because it is. It is a joke meme shitcoin.

Doesn't matter that it's "well backed by asics". So is Litecoin, which is another shitcoin. They're all shitcoins except BTC.

The only reason it still exists is because its merge mined with ltc.

[philipma1957]

Jelly are we.

 

[sirazimuth]

Thanx for all feedback and merits everyone. Appreciated.
Not to make excuses but I do want to emphasize that was just a rough iPhone reference track only
of an idea I had a while ago. It’s actually a work in progress.
I got a little too trigger happy on the post button last night after having a few too many. (as I do)
If/when I get motivated I will be recording it properly with updated lyrics, bass and real drums played by a human, (if I can convince my former band mate/ virtuoso drummer to sit in on a recording session)
I'll post it if/when it ever gets completed.
( I just have to get a round tooit....)

[OutOfMemory]

Thanx for all feedback and merits everyone. Appreciated.
Not to make excuses but I do want to emphasize that was just a rough iPhone reference track only
of an idea I had a while ago. It’s actually a work in progress.
I got a little too trigger happy on the post button last night after having a few too many. (as I do)
If/when I get motivated I will be recording it properly with updated lyrics, bass and real drums played by a human, (if I can convince my former band mate/ virtuoso drummer to sit in on a recording session)
I'll post it if/when it ever gets completed.
( I just have to get a round tooit....)

Nice 
PM if you need studio/production tips... 

[Wekkel]

https://ibb.co/M9MRwHR

The only thing I'm in irresponsibly long

_{Can't submit more than 100%}