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September 25, 2021, 07:38:55 AM *
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Question: When will we see a new ATH?
October - 13 (23.6%)
November - 8 (14.5%)
December - 16 (29.1%)
2022 - 11 (20%)
After 2022 - 7 (12.7%)
Total Voters: 55

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25442541 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (157 posts by 13+ users deleted.)
Kylapoiss
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May 11, 2021, 04:41:07 PM

Biden Proposes $2 Trillion Bill To Study What's Causing Inflation Rates To Rise.

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President Biden proposed a $2 trillion spending bill Monday for the purpose of determining the cause of rising inflation. This is Biden’s fourth proposed $2 trillion bill in as many months.

“The cause of inflation is a major concern for all Americans,” Biden told reporters. “Rest assured, your government is committed to spending however much taxpayer money it takes to get to the bottom of this malarkey!”

According to Biden, the cause of the rapid increase in inflation has been baffling his economic experts for weeks. “All we know is that some mysterious event happened around January 20th which caused inflation to skyrocket out of control,” Biden said. “We don’t know what that event was exactly, but we do suspect President Trump was involved somehow. And maybe Russia.”

Is this real? Cheesy
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Dabs
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The Concierge of Crypto


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May 11, 2021, 04:43:50 PM
Merited by Hueristic (1)

That whole site looks like a meme.. or a joke. Probably legit since it ends with dot com.
Kylapoiss
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May 11, 2021, 04:57:07 PM
Merited by philipma1957 (2)

This is my 666th post, scary shit.
ivomm
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May 11, 2021, 04:58:21 PM

Biden Proposes $2 Trillion Bill To Study What's Causing Inflation Rates To Rise.

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President Biden proposed a $2 trillion spending bill Monday for the purpose of determining the cause of rising inflation. This is Biden’s fourth proposed $2 trillion bill in as many months.

“The cause of inflation is a major concern for all Americans,” Biden told reporters. “Rest assured, your government is committed to spending however much taxpayer money it takes to get to the bottom of this malarkey!”

According to Biden, the cause of the rapid increase in inflation has been baffling his economic experts for weeks. “All we know is that some mysterious event happened around January 20th which caused inflation to skyrocket out of control,” Biden said. “We don’t know what that event was exactly, but we do suspect President Trump was involved somehow. And maybe Russia.”

I don't know, may be the crazy $ printing in the last year has something to do with it? Just a hunch. I can accept the $2 trillion prize for the right guess in the form of BTC's. Thanks in advance!
BitcoinBunny
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May 11, 2021, 05:27:15 PM

The sooner we can move to Satoshis the better I think.

I reckon a lot of young people are getting caught out (perhaps through their own stupidity) by "investing" in shitcoins.
Especially the swap shit when they consider the supposedly lucrative interest rates for staking.

Since Monday Binance Smart Chain has fallen on its ass seemingly causing many problems for all the swap crap.

Just too many scammers and centralists trying to tap into this market now.


I don't think this is going to help Bitcoin do well (even though it's a different kettle of fish we know) but whatever.
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May 11, 2021, 06:01:50 PM
Merited by JayJuanGee (1)

elon only likes doge due to the transaction fee and ability to actually make transactions on chain in a minute without it costing a hours minimum wage of his chinese panasonic workers wage

I think Elon likes Doge because it makes a mockery of the legacy money cabal. The guy has been involved in inventing the next phase of humanity in terms of payments (Paypal), only having to resort back to regular banking based Paypal services back in the '90's. I can imagine he also has a lot of things to settle with the bankers in relation to his various companies over the past decades.

He probably loves to shove this cryptocurrency thing under the noses of old enemies/an atrophied industry.

No better way to get the public going ballistic on this than by means of a pure meme coin.

Innocent
Harmless (disregarding the PnD)
Stupid
But so much WoW

 Roll Eyes

The guy is doing more for the acceleration of digital money (including legitimate cryptocurrencies) than most people.



+1 WOsMerit


-------


Guys, remember halving? It was May 11, 2020.

I love anniversaries.

We did 6.65x since then.


+1 WOsMerit
congrats on a well earned promotion Phil...carry on


-------

20 years ago today we lost one of my favorite authors..a true literary giant..Douglas Adams. So long and thanks for all the fish sir...you are remembered and missed.

a few quotable quotes

'There is a theory which states that if ever anyone discovers exactly what the Universe is for and why it is here, it will instantly disappear and be replaced by something even more bizarre and inexplicable. There is another theory which states that this has already happened.'

'Since we decided a few weeks ago to adopt the leaf as legal tender, we have, of course, all become immensely rich.'

'There is a moment in every dawn when light floats, there is the possibility of magic. Creation holds its breath.'

'Don’t Panic.'

'Forty-two,” said Deep Thought, with infinite majesty and calm.'



--------

Tuesday charts

#dyor

1h


4h

#stronghands
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May 11, 2021, 06:11:15 PM

Biden Proposes $2 Trillion Bill To Study What's Causing Inflation Rates To Rise.

Quote
President Biden proposed a $2 trillion spending bill Monday for the purpose of determining the cause of rising inflation. This is Biden’s fourth proposed $2 trillion bill in as many months.

“The cause of inflation is a major concern for all Americans,” Biden told reporters. “Rest assured, your government is committed to spending however much taxpayer money it takes to get to the bottom of this malarkey!”

According to Biden, the cause of the rapid increase in inflation has been baffling his economic experts for weeks. “All we know is that some mysterious event happened around January 20th which caused inflation to skyrocket out of control,” Biden said. “We don’t know what that event was exactly, but we do suspect President Trump was involved somehow. And maybe Russia.”

"In the meantime, officials from the US Treasury as well as the CDC have advised the public to start carrying double wallets to protect their money and help slow the spread of inflation."
Phil_S
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May 11, 2021, 07:07:14 PM
Merited by vapourminer (1), philipma1957 (1), Torque (1)

Just noticed what you did, you dorks! I told you 9xx is fine, damn it. You'll pay for this!
philipma1957
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May 11, 2021, 07:17:14 PM

Just noticed what you did, you dorks! I told you 9xx is fine, damn it. You'll pay for this!

but but but you are a legend!
shahzadafzal
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May 11, 2021, 07:19:54 PM

I seriously thought this “ramen noodles” term is used by us here on WO only!!!

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May 11, 2021, 07:22:26 PM

Binance bought "Coinmarketcap" to control the MSM of price of every shitcoin and altcoin created. Even the BITCOIN price relies on this shit website, yet all the alleged Bitcoin OG'S and the shitcoin pumpers and dumpers don't say a word about this cluster fuck!, I wonder why that is?

News to me. I still use Bitcoinity for Bitcoin price. Coinmarketcap used to be good for keeping abreast of the alts but between selling out, as you mention and market caps being gamed (which they are prone to be since they are basically meaningless), it's not really worth the look any more.
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May 11, 2021, 07:24:22 PM

So Zuckerberg is a nothingburger  Roll Eyes

Ceiling Zuckerberg is watching you masturbate.
Richy_T
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May 11, 2021, 07:31:54 PM

It's not the same. It doesn't have any of the subsequent hard forks or EIPs or something... I don't think UniSwap is on it, or if it is, the volume isn't there. While one can argue it is the original ethereum, not like bcash which is the fork of bitcoin, it's being treated (by the market) as the second one.

ETH is going to 10k, it's almost at 5k. Then we'll see it hit 20k in a year or two.

Like most everyone here, I am not directly buying any of it. But I'll continually sell my ETH to get moar BTC.

Ethereum is basically Vitalik and they did the fork (though I think it was not wise to) early enough that they could get away with it (maybe).
El duderino_
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May 11, 2021, 07:34:14 PM

So Zuckerberg is a nothingburger  Roll Eyes

Ceiling Zuckerberg is watching you masturbate.

Then again this dude has NP with that lol... a dick is a dick
Sayeds56
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May 11, 2021, 07:37:56 PM

Guys, remember halving? It was May 11, 2020.

I love anniversaries.

We did 6.65x since then.

History of Bitcoin Halving.

xhomerx10
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Go! BTC Go!


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May 11, 2021, 07:45:50 PM
Merited by JayJuanGee (1)

Just noticed what you did, you dorks! I told you 9xx is fine, damn it. You'll pay for this!

but but but you are a legend!

 Speech! Speech!
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May 11, 2021, 07:48:13 PM
Merited by JayJuanGee (1), nanobtc (1)

Congrats to Phil_S for a well-deserved rank-up. Only just noticed.

Far too busy IRL. This is getting serious. Flicking the fuck-you switch? My finger is itching... Paraphrasing Steve Jobs:

"When you visit The Wall ObserverTM and you realise that there are at least 10 pages of unread posts, the you know it's time to change something in your life."

Last week I managed to turn my nocoiner cousin into a coiner! A real one (of Bitcoin)! 0.1 BTC. Not too bad. He is quite well-off financially, he could buy a few whole coins right now if he wanted. He says he will. I hope he does, because soon he may not be able to.

Sideways, sideways, number go down, number go down, little ant-pumping, sideways... Boring as fcuk. Come on, Bitcoin do something!

Legitimate/illegitimate coins. What's that? Is there some higher authority I'm not aware of, that determines which coin is legitimate and which isn't? All coins are legitimate. Even BCH/BSV. It's not about being legitimate or not (whatever that means), it's about usefulness, robustness, utility, decentralization, adoption, etc., etc. Let the strongest survive. In a way I'm glad Elon is pumping DOGE. Bitcoin should be strong enough to not be affected by such actions. If it is affected, that's Bitcoin's weakness. Elon can do whatever he wants. It shouldn't matter in the long run.

As for labels, I'm definitely suffering from OCD. Not diagnosed, but can feel it. I'm a perfectionist. And I like it. I wish more people were like this. I don't want to be cured. I consider it a gift/talent, and it is the driving force that enables me to be creative and successful. So, I say, fcuk labels.

Onwards & upwards, and may we see an ATH in May (!), and $100k in 2021.

HoDL.
El duderino_
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May 11, 2021, 08:00:37 PM
Merited by JayJuanGee (1)


https://twitter.com/jugallodaya/status/1392126021105815555?s=21
El duderino_
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May 11, 2021, 08:01:57 PM
Merited by LFC_Bitcoin (3)

Sayeds56
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May 11, 2021, 08:05:03 PM

So Zuckerberg is a nothingburger  Roll Eyes

Ceiling Zuckerberg is watching you masturbate.

Then again this dude has NP with that lol... a dick is a dick


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