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

[Hueristic]

Louis Rossmann on General Motors and LG hypocrisy.

https://www.youtube.com/watch?v=JPFLSP-AgTQ
https://odysee.com/@rossmanngroup:a/general-motors-lg-owned-by-their-own:f

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[gembitz]

weeeeeeeeee pumping downnnnn? lol

[OutOfMemory]

weeeeeeeeee pumping downnnnn? lol

Yeah, pumping down like several times within the last 40 days.
Too bad it pumped up harder afterwards each time, innit?  

[OgNasty]

weeeeeeeeee pumping downnnnn? lol

Looks like the bears are feeling confident enough to start placing shorts again. The bear trap is set and the prey is in sight. I think it’s about time for another squeeze to teach people why exchanges offer the option of trading with leverage. Like I told my buddy yesterday, if you think the price of Bitcoin is going down, zoom out on the chart. We’re about to have a 100 day run they’ll be studying about for decades to come. Buckle up.

[Farmer Bill]

I don't see any reason why successful non synthetic chemical methods of pest control cannot not be scaled up.
Milk diluted 15:1 can work against disease by encouraging antagonistic micro-flora, it has to be applied before onset of disease. For example tomato blight or downy mildew on onions.
The liquid feeds made from composted leaves are every bit as good as commercially bought feeds like seaweed extract.
On bigger scales organic farmers make much use of (costly) insect mesh and baking soda can be used as it increases alkalinity which deters some diseases.
Great to see people growing some of their own healthy food.

I actually earned some experience in winemaking, in two of the best national and also international countries/areas for growing wine. I also made a minor degree in growing and making wine.
Joghurt works even better than milk, i saw the results myself in vineyards at organic wine production, with only one caveat:
You have to spray it twice as often (weekly) which increases use of water and machines, doubles working hours, while the chemical industry is arguing not only with the "safety" of their products as well as the time and resource saving aspects. This is a win for many winemakers, especially at larger scaled production facilities.
 
EDIT: Thanks, by the way, for posting this. It brought up a lot of forgotten memories of that time.




Central Otago, NZ south island.
You see, i wasn't that good at photography back in these days, compared to recent works  

The photograph is fine, I'm glad it rekindled some memories for you. Thanks for the tip that yogurt works better than milk.
The spray I used on my potatoes this morning to protect against blight is the same one you will be familiar with on grape vines. Bordeaux mixture made from copper sulfate and slaked lime, first used in France over 120 years ago and I believe still approved for organic vineyards.

[El duderino_]

upload without registration

Was this the

Sell in may walk away …..

Then

Remember to buy back in September <— hopefully 🤣

[ChartBuddy]

Explanation

[eXPHorizon]

Bill, isnt it Bad to spray the Plants on a sunny Day? I remember we did it at dawn or night cause of the sun burn.

Might be different product you are using I know we had to do it without the sun cause we gathered Plants from the fields and then dried them, then boiled them to make a Medicine for plant diseases. It always worked like charm But if we did it during the Day the Plants would end up burned

Oh yeah this reminds me, we dont need Pesticide. Natural Pesticides are Just growing all around Us 😁. What else they going to make for Profit huh 😁

You are quite right water droplets on leaves can act as miniature magnifying glasses enabling the suns rays to scorch a plant.
Modern sprayers use a very fine mist so the water droplet situation does not arise. However the heat from direct sunlight can cause spray to dry out too quickly before it has a chance to spread over the leaves or be absorbed by a systemic preparation.

What plants were getting boiled up to produce a natural spray?

For example oxalic acid a very good aphid pesticide can be extracted from boiling rhubarb leaves. Although natural it is in fact illegal to make your own insecticides, maybe to protect the big manufacturers but probably to protect regular Joe from himself.

Problem with natural pesticides is that insects quickly get resistant to them and the synthetic ones too. Evolution at work!
Very short generation cycles mean that if one survivor in 100s trillions that has a genetic variation to survive a pesticide will soon become the new resistant pest,

So we don't need pesticide. Tell that to the farmers affected by last years locust plague. Starting in Arabian peninsula spread out to Iran, Pakistan, India and west to Egypt, Ethiopia Kenya, with loss of 6 million acres of crops, $9 billion These crops could have been saved at a cost of around $500 million. But many farmers in these regions are too poor to afford such measures.

Completely off topic there are boring farming forums for this.

Meanwhile can the price be pushed lower to $43k to make sure to be sure to be sure that this really, really is support before the price rebounds on its relentless way up in this 12 year bull market.

I remember that when we sprayed during the Day it scorched almost every plant and the product was not good for consumption. The fine must is a great solution to spray when ever you want yea But like you said it can evaporate sometimes without having the desired effect so  so in the mornings its the Best or night.

I do not want to Tell which plant we Boil, atleast not Online 🙂.

Well we mostly do not aim to kill the pest But the deter them from damaging the plant. Cause If we get this right we dont have to worry about mold and diseases.

Do you perhaps know the story when the Locust came to EU? People gathered in great numbers and just swatted the Locust. But it is great to get them before they get their wings cause if they do its so much harder..


Told ya guys that JJG gon have fuel 😂. He Just hates even if I get some positive attention 😂😂🤮

Imo hes closer on being banned then I am 😂

[JayJuanGee]

Does the market really need to test $43k again before heading upwards?
I suppose we will know by Friday.

Time to fill the sprayer tank to protect my potato crop from blight.
Then start at first light in around half an hour while the air is at its stillest.
Have a good day all whatever you have planned.

Of course, you likely already know the answer.. but I will repeat some version of the answer anyhow..

In essence, there is not a "need" for down to happen before up, but sometimes down does end up taking place and that down does end up coming before the up ends up coming: whether that is due to momentum, perceptions of market participants, actual number of coins that are available in terms of a surplus that is available to dump or a shortage that is not available for those who want to buy, manipulation, taking advantage of margin traders and/or perhaps some other reasons.

TLDR:  Shit happens.

2 billion $ worth of bitcoin options expire tomorrow. Are we likely to see a further dump to around $44,000?
I don’t make a habit out of it, in fact I’ve only done it once previously, but if we hit 43k/44k then I’m going to open a long tomorrow with 10 x leverage.

I still think we’ll hit $50,000 again before 1st September.

Oh?  My?

One way to turn a decently rich guy into a no longer as rich of a guy is with leverage.

Don't let greed get in the way of prudence..

but of course, you be an adult (in theory), so you can weigh your own various factors including how much extra risk comes from 10x leverage as compared with other options that you might have available in terms of managing your wealth, including how to play, if at all, with your BTC holdings.

2 billion $ worth of bitcoin options expire tomorrow. Are we likely to see a further dump to around $44,000?

At the end of the day, we don't know what the market is going to do. I think the last time I commented on something like that (options expiring), it didn't have much of an impact on the price. We can think it is more likely that it may draw down the price, or make it go up, but Mr. (Bitcoin) Market is smarter than us.

I am not sure if I would frame the matter of the market being smarter, but instead, the odds of up versus down may go up or down significantly based on a variety of information (including something like the expiration of options and also a variety of other factors that LFC considers himself to be seeing), yet at the same time, have the odds changed 10x to justify a 10x leverage position.

Sure, I understand that LFC is probably only playing with 1% or less of his total stash, so maybe it ends up being less of a BIG deal, even though the idea of the change in probabilities might not be as great as the amount of weight that LFC is wanting to assign to his leverage play.

I am not sure if he gets any advantage in announcing his plan in advance in a public thread like this... Generally, if you are going to make a bet with stakes, you would not want to announce the bet, unless you consider the announcement might be helpful to you.. in some way.. or unless there is a kind of need for credibility to show that you are correct about a bet before you make it, yet I don't understand if there would be much value in that "I told you so" factor..   It's saying not only am I going to make a prediction, but I am going to back up my prediction with an actual trade.... I doubt that LFC really needs that kind of credibility boost.. because he surely could make whatever bet is considering in silence and then come back and tell us about his bet afterwards, and I doubt anyone (of importance in these here parts) would consider him to be a liar.

[LFC_Bitcoin]

JJG, I’m on about a bit of fun money, 4 figures in USD. I would never, ever, ever risk a serious amount of corn on leverage which is essentially gambling.

Hopefully we don’t dip more any way. Be interesting to see what happens tomorrow.

[JayJuanGee]

Washington coin good

How's your short going Raja?

Bought back yet?

Maybe even organise a conference or something?

That's quite an amusing image. I wonder what the keynote would be.

It would be someone like Jupiter9.   or some other delusional and short-lived poster in these here parts.

I just looked at the possibility, what if I bought bitcoin at the earliest date I could have, when I had known about it ... and roughly translating or estimating, I should be the owner of a few thousand bitcoins, assuming I got them all before and did not spend any. But that's not how it really works or happens. It can. It's possible. But so many other factors or variables.

At any rate, I don't have anywhere near that much so the second best thing to do is to keep stacking sats today, and try as much as possible not to spend any, even if I have to. But ... again, ... ... oh well, you get the picture. Everyone has their own specific life circumstances.

You seem to be making a much similar point as me, of course in fewer words.. and not as many hypothetical variations thrown in.

There is a kind of combination of your even knowing about the asset (in this case bitcoin), how you perceive the asset 's present value as compared with its future potential value, and the kinds of actions that you take in order to prepare for various upside possibilities. 

And, of course, your assessment of BTC as compared with other assets or how you can manage your own wealth (or expenses and even psychology) is not locked in at the time that you first heard about bitcoin, and therefore you are able to tweak own strategies along the way, hopefully based on learnings and hopefully based on learnings that will take you in the right direction..

......but you cannot be sure about any of your learnings taking you in the right direction... Do you know how many shitcoiners are smart as fuck, but for some reason, they get distracted into some misplacement of perhaps good ideas causing them to conclude that they should spend time and/or money into shitcoins. 

Maybe one other point would be that a guy/gal might consider some kind of leveraged plays that could help to accelerate his/her reaching some kind of level of richie, but in some sense, if you really think through the desire to get richie more quickly, there are likely ways to play way more conservative in bitcoin and still end up reaching richie status way more quickly than any normie would have had chances to reach such richie status... and of course, an example could be a normie who might have a $30k to $50k per year job who is able to stack away $100 per week, and that person would have been in a pretty damned good position in reaching richie status in a mere 6 years (so yeah about 21 BTC in the past 6 years for that level of investment.. which is not a bad place to be).. which is way beyond the dreams of any traditional investments normie to have to consider 30 years or more to even come close to richie status, and even those traditional investments might not even bring him/her close to richie status after 30 years of similar levels of aggressiveness (let's say $100 per week or something like that and assume that the amount invested might go up through the years with some presumed increases in income through the years, too).

[nanobtc]

I'm fourth gen farmer. I built a spray rig on a 1974 Dodge 4x4 3/4 ton truck. It had a 500 gallon tank, I could spray 40 acres in about one hour. I am out of the game now, but the spray rig was kinda fun, actually. It was highly computerized, and I was very precise in my application.

[Hhampuz]

I'm fourth gen farmer. I built a spray rig on a 1974 Dodge 4x4 3/4 ton truck. It had a 500 gallon tank, I could spray 40 acres in about one hour. I am out of the game now, but the spray rig was kinda fun, actually. It was highly computerized, and I was very precise in my application.

Ever miss the farmer life? I appreciate the simplicity it projects outwards, the entire lifestyle, although I'm well aware that it's not all that simple in reality.

[Farmer Bill]

Ghahah they quotting from Reddit. You guys truly are pathetic worse than me 😂😂😂. Give me money and give Brains to some. GET A LIFE AND GET A BRAIN

Then 😂😂 he puts Morpheus in like 😂😂😂😂😂😂 he hacked the Matrix 😂😂😂😂😂
Special offer : I give Therapy sessions or Psychology lessons for 1BTC a month. 😁😁

Lesson 1 : Honor has nothing to do with Money.
Lesson 2: Money is a Tool to Uplif the Morals of Other Human Beings or Bash it(among other things) . Except Bashing aint really a moral thing.


What the hell is a bpip? Must be one of ur clowns thinking that this name looks awesome! Ima steal it 😂

You need help buddy, do yourself a favor. make an appointment at the doctors office.

Explain to the doctor about the Number 3 and how it will unlock unlimited power from the universe, he will understand.

I apologize for any nasty comments I made about you, it was uncalled for given your state of health.

I do appreciate your humor Farmer Bill,  yet sometimes it seems difficult to understand how some of these trolls/shills/beggars are able to get away with keeping their forum accounts for as long as they do, even though it almost comes off as if diptwat eXPHorizon is blatantly in the face of mods/administrators.. and flaunting his level of not getting banned (yet).

I had a dreadful thought one day, that many of the so called Trolls may have mental illness. I would not want any of them to cause themselves harm because of some remark I'd made. So I've decided to go soft and treat them sympathetically. While behind the scenes I may have a little chuckle to myself.
Can you imagine what it's like visiting this forum as a no coiner, reading lots of posts with people actively involved in the Bitcoin space but being too afraid to join them and just get in at today's price, always praying for the big drop down to whatever price, then if it gets there, they still don't buy in. So they can only shout in from the sidelines, joyous at the discomfort some holders experience when the price tanks. The Germans have a word for it 'schadenfreude'.
While Billy Coiner was making stupid comments at $30k, I bought BTC 0.25 at $31.5k thinking the $32k window was about to close, I was wrong and when it dropped further I bought another BTC 0.25 at $29.6K. Not often spare fiat and buying opportunities arise at the same time. Meanwhile Billy Coiner will be suffering extreme angst at the rest of the forum's good fortune. With Phillipma the miner generating windfall profits from the hashrate fall, our resident cowboy getting on with his dream ranch, (I do hope he drops the litigation against his neighbor, draw a fucking line down the middle of the disputed land it amounts to 0.4 acres each, shake hands and get on with life.) Jimbo developing his lake I hope the mosquitos ain't too bad. Countless others realizing some of their life's ambitions. Lambos, hookers and blow. Or even a John Deere, not much difference in price from a Lambo, 380 HP but not much female pulling power, 0-30 in 2 minutes.

One thing that comes across in your voluminous posts is the recurring theme of looking at Bitcoin over the long term. I like the concept of the 200 week moving average and have come to regard this as a better price indicator than the frothy tops.  And all the in-between action is just so much noise in a super 12 year bull run. I like too that you advocate to would-be buyers to DCA their purchases. One of my sons allocates 25% of his salary every month and just buys it at month end price. He tells me he hopes to be retiring at 40 in a few years time having reached your definition of Fuck Off status. For most giving up work seems to be a big goal. I guess it would be for me too, if I had to answer to a boss. Fortunately I've never had a boss, I run my own business, the successes and failures of my decisions are mine, the buck stops with me, all the rewards are mine and the IRS. I like my work, I get extreme satisfaction from farming, it is true that it is more a way of life than a job, as such I've probably never worked a day in my life. Family farms suffer high rates of bankruptcy and for me Bitcoin gives the security that I have a good buffer against any future bad years.
Keep on filling these pages Mr Jay  

[ChartBuddy]

Explanation

[Mr. Big]

You need a particular species of worm for best results. I think they're the red ones.

African night crawlers, they are bigger than red wigglers and probably eats faster too...

[d_eddie]

2 billion $ worth of bitcoin options expire tomorrow. Are we likely to see a further dump to around $44,000?
I don’t make a habit out of it, in fact I’ve only done it once previously, but if we hit 43k/44k then I’m going to open a long tomorrow with 10 x leverage.

Don't. Derivatives are nasty. At least watch your liquidation levels carefully. Some whales can and will swing the book and wipe you out before you can say "fuck".

I still think we’ll hit $50,000 again before 1st September.

What a strong looking #permabull! Let this week run its course... then 50k is an inevitability!

[nanobtc]

I'm fourth gen farmer. I built a spray rig on a 1974 Dodge 4x4 3/4 ton truck. It had a 500 gallon tank, I could spray 40 acres in about one hour. I am out of the game now, but the spray rig was kinda fun, actually. It was highly computerized, and I was very precise in my application.

Ever miss the farmer life? I appreciate the simplicity it projects outwards, the entire lifestyle, although I'm well aware that it's not all that simple in reality.

I do, but it's somewhat through rose-colored glasses, now that I am away from it. I miss living in the country (but I'm going back to live on ancestral ground), I like being 10 miles away from the nearest Pepsi machine. I like that there are about 4 people per square mile, and I grew up with all of them, and their parents grew up with my parents.

I do *not* miss insane working hours (my record was 104 hours in one week, once), I don't miss the weather, governments and markets deciding on whether I can make a living this year. I drove over 1200 acres three or four times a year. I don't miss old equipment breaking down (and I was the guy welding them back together when possible). I do *not* miss wrestling with cattle in the mud and their shit.

[ChartBuddy]

Explanation

[marcus_of_augustus]

One thing that comes across in your voluminous posts is the recurring theme of looking at Bitcoin over the long term. I like the concept of the 200 week moving average and have come to regard this as a better price indicator than the frothy tops.  And all the in-between action is just so much noise in a super 12 year bull run. I like too that you advocate to would-be buyers to DCA their purchases. One of my sons allocates 25% of his salary every month and just buys it at month end price.

... this is actually a really smart buying strategy now that options are becoming a big part of the current btc price action ... DCA once a month on options expiry dates over months is the way to beat the noise and leverage time against the shorts dollars