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Question: When new ATH?
1-3 Months - 68 (50.4%)
4-6 Months - 33 (24.4%)
7-19 Month - 9 (6.7%)
9-12 Months - 3 (2.2%)
1-2 Years - 4 (3%)
>2 Years - 11 (8.1%)
Never - 7 (5.2%)
Total Voters: 135

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25335245 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.)
JayJuanGee
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How much alt coin diversification is needed? 0%?


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May 18, 2021, 07:07:12 PM

Fuck that noise. At least with paper dollars they have to send a thug with a truncheon to get it from me.

No they don't.

"They" can take 50% from you without even knowing who the fuck you are by doubling the dollar supply on the ledger.. and does not matter which one you hold.. physical or digital....  similar with the gold manipulations in which some gold bag hodlers believe that there are significantly additional value to physical gold (beyond armagaeddon scenarios) in holding the actual cumbersome physical stuff...

Accordingly, our uncle sam or designee with merely push one lil button (or click the mouse) and wing-a-dingie-adee-ding, wam-a-dee-wee-woo-doodle.. and uie pooie end up having 50% less value than you had a few minutes earlier.   Easy ma peasie...

Note:  Relatively speaking, I largely agree with your overall point lightfoot, in regards to the preference of physical currency over some of the recent digital shenanigans in the makings.. but I also wanted to highlight a wee bit of an overstatement that seemed to have been contained within your own framing of current monetary money dynamics (fiat especially).


Is something missing, such as a link?  #justsaying
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May 18, 2021, 07:29:17 PM

Fuck that noise. At least with paper dollars they have to send a thug with a truncheon to get it from me.

No they don't.

"They" can take 50% from you without even knowing who the fuck you are by doubling the dollar supply on the ledger.. and does not matter which one you hold.. physical or digital....  similar with the gold manipulations in which some gold bag hodlers believe that there are significantly additional value to physical gold (beyond armagaeddon scenarios) in holding the actual cumbersome physical stuff...

Accordingly, our uncle sam or designee with merely push one lil button (or click the mouse) and wing-a-dingie-adee-ding, wam-a-dee-wee-woo-doodle.. and uie pooie end up having 50% less value than you had a few minutes earlier.   Easy ma peasie...

Note:  Relatively speaking, I largely agree with your overall point lightfoot, in regards to the preference of physical currency over some of the recent digital shenanigans in the makings.. but I also wanted to highlight a wee bit of an overstatement that seemed to have been contained within your own framing of current monetary money dynamics (fiat especially).


Is something missing, such as a link?  #justsaying

https://www.instagram.com/p/CN6Dlo7l4QB/
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May 18, 2021, 07:46:27 PM

I hear about government "sponsored" (controlled) cyber currency from time to time and I have to tell people that it's not a good idea. Most of the time I focus on things like "inflation", "currency debasement" and of course "this money can only be spent on these things we will allow you to buy".

I don't even consider the really weird stuff like "This money expires on xxxx", or "We can take this money back from you at our discretion". That is where stuff really gets creepy. I mean it's my labor that I am getting paid for, but I'm getting paid in a currency that can be taken away from me on a whim?

Fuck that noise. At least with paper dollars they have to send a thug with a truncheon to get it from me.


The thing about government "sponsored" (controlled) cyber currency is that it will NEVER be immutable (or fungible for that matter).
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May 18, 2021, 08:00:07 PM
Merited by JayJuanGee (1)

If you can in the future, stay the fuck away form CBDC. And always hold your bitcoin keys...
buying Elon dips.
thanks elon, such grateful much wow
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May 18, 2021, 08:17:43 PM

the one o'clock wall report

In a market unsure which way the wind is going to blow, bitcoin continues to hover around $43kish.  As usual elegantly poised to move in either direction. Honestly I dont particularly like how things look at the moment but I think it best just to wait and see how we come out of May. 


#dyor

1h


4h


D

#stronghands
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May 18, 2021, 08:20:25 PM

No they don't.

"They" can take 50% from you without even knowing who the fuck you are by doubling the dollar supply on the ledger.. and does not matter which one you hold.. physical or digital....  similar with the gold manipulations in which some gold bag hodlers believe that there are significantly additional value to physical gold (beyond armagaeddon scenarios) in holding the actual cumbersome physical stuff...

Accordingly, our uncle sam or designee with merely push one lil button (or click the mouse) and wing-a-dingie-adee-ding, wam-a-dee-wee-woo-doodle.. and uie pooie end up having 50% less value than you had a few minutes earlier.   Easy ma peasie...

Fair enough, I think I accounted for that under "inflation type BS" which is a known attack by governments. And yes it does work on physical dollars, that's why I have moved them into bitcoin.

If they want my bitcoin they can try to get the password out of me with a blowtorch and a truncheon, but they do have to do it in person. I myself appreciate the "personal touch" type of service over an anonymous lout in a bunker. :-)
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May 18, 2021, 08:57:16 PM

Hands up everyone! Next drop is coming.

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May 18, 2021, 09:13:37 PM

Hands up everyone! Next drop is coming.

JayJuanGee
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May 18, 2021, 09:26:36 PM

No they don't.

"They" can take 50% from you without even knowing who the fuck you are by doubling the dollar supply on the ledger.. and does not matter which one you hold.. physical or digital....  similar with the gold manipulations in which some gold bag hodlers believe that there are significantly additional value to physical gold (beyond armagaeddon scenarios) in holding the actual cumbersome physical stuff...

Accordingly, our uncle sam or designee with merely push one lil button (or click the mouse) and wing-a-dingie-adee-ding, wam-a-dee-wee-woo-doodle.. and uie pooie end up having 50% less value than you had a few minutes earlier.   Easy ma peasie...

Fair enough, I think I accounted for that under "inflation type BS" which is a known attack by governments. And yes it does work on physical dollars, that's why I have moved them into bitcoin.

If they want my bitcoin they can try to get the password out of me with a blowtorch and a truncheon, but they do have to do it in person. I myself appreciate the "personal touch" type of service over an anonymous lout in a bunker. :-)

Not to perpetuate this stream of discussion longer than it needs to, but many of us know that the ways of war have moved into the non-physical space, and sure physical is effective too, but the non-physical attack methods are gaining a lot of ground - even if you prefer metal pipe treatment.. you might not get your preferences so easily..

Further more, prices of metal has gone up,.. and some folks may be having some difficulties finding you too, no?.. of course, the BIG players are not going to have as many difficulties to find you, but there may well be some folks who are quite effective in concealing their physical location.. and even employ a sufficient amount of decoy tactics to be able to enjoy hookers, Lambos and blow without anyone (of concern) really knowing about it.
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May 18, 2021, 09:38:37 PM
Merited by JayJuanGee (1)

https://cointelegraph.com/news/83k-bitcoin-price-in-the-cards-after-data-shows-btc-whales-bought-the-dip?utm_source=Telegram&utm_medium=social
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May 18, 2021, 09:56:55 PM





Is something missing, such as a link?  #justsaying

Arriemoller
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May 18, 2021, 10:02:35 PM



General Von Clausewitz wrote in his famous book "Vom Kriege" ("On War") something like this.
If two parties go to war, the only way to get a lasting peace is for one of the parties to win a victory so overwhelming that the looser will not try to retaliate in a new war.
That's what the allied did with Germany, and the USA did with Japan.
I think that is what is eventually going to happen in this conflict too.
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May 18, 2021, 10:04:59 PM

WTF?
Did Elon dump his BTC??

We still discussing him???



 I respectfully disagree.  I've been on this highway for 8 years, Elon for what? 5 months tops?.  You have him on the main road and us taking a detour but I see it like this:



Remind me to never ride with you on a freeway intersection.
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May 18, 2021, 10:15:12 PM
Merited by OutOfMemory (1)

@Swedish_HODL
This dip follows the previous cycles pattern of 6 30%-40% dips, #Bitcoin  -> $100,000 soon

2017 bull run


Current cycle

https://twitter.com/swedish_hodl/status/1394775125082484743?s=21
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May 18, 2021, 10:42:39 PM


Next i expect t hear that Mt. Gox is not solvent, and the mastermind of The Silk Road is behind bars.
China banned bitcoin (pause) again... oh wait... wait... who both the 1st batch of confiscated Silk road bitcoin? Damn what a sequel.
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May 18, 2021, 11:11:01 PM


Am I the greenie in this context?

If so, I could think of worse.

 Cheesy Cheesy Cheesy Cheesy


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May 18, 2021, 11:18:49 PM

General Von Clausewitz wrote in his famous book "Vom Kriege" ("On War") something like this.
If two parties go to war, the only way to get a lasting peace is for one of the parties to win a victory so overwhelming that the looser will not try to retaliate in a new war.
That's what the allied did with Germany, and the USA did with Japan.
I think that is what is eventually going to happen in this conflict too.


*sigh* Pretty much. The US civil war is an example of what happens when the loser is given honorable terms and troops removed quickly. Result: Century of "lost cause" baloney.

We'll see.
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May 18, 2021, 11:39:35 PM





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May 19, 2021, 12:04:51 AM


Yes. very interesting, but Mr Burry is known to first LOSE a big chunk of his bets before making a large profit, so taking an opposite short-term position might just pay off..it is a bit cynical, but so are his bets as well.
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May 19, 2021, 12:25:57 AM

So my hope is that price reverses more of less immediately following the TD 9. Otherwise, the 200 Day MA becomes the point of hopium as part of an imperfect setup.

https://i.imgur.com/tW96Qgv.png

Even a drop below 42.300 and I'd have to lower my bullish prediction from 90% to around 60%, which is more or less like flipping a coin. Ie: shit.

For now nothing has changed. The TD 9 Sequential represents the potential for a trend change.
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