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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26369680 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. (174 posts by 3 users with 9 merit deleted.)
BitcoinBunny
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March 08, 2022, 09:50:30 AM
Last edit: March 08, 2022, 10:02:07 AM by BitcoinBunny
Merited by modrobert (1)

This morning's western propaganda trying to get us into WW3 by the end of today:

Daily Mail
Quote
It's no longer if but WHEN Nato has to fight Putin, says retired UK general: Russians are 'hell-bent on escalation' so West should consider imposing no-fly zone and to backing it up with boots on the ground - despite Kremlin's 'meaningless' nuke threats
Quote
NORMAN BAKER: Everything Vladimir Putin is doing echoes Adolf Hitler. That's why the West has no choice but to enforce a no-fly zone over Ukraine


(In)dependent
Quote
Occupying Ukraine an ‘ impossible task’ and will mark ‘Putin’s end’, Ben Wallace insists
Quote
Ukraine’s president says Putin is living in an ‘informational bubble’

Sky News
Quote
Warning NATO may have to fight Russia sooner or later; 12,000 Russian troops dead and some deserting, Ukraine says

Evening Standard
Quote
OPINION - There’s no reasoning with Russia. It can only be stopped by force

Meanwhile the RT website no longer loads.

BuT tHeY aRe ThE pRoPaGaNdA gUyS, nOt Us...

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March 08, 2022, 10:01:20 AM


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March 08, 2022, 10:03:30 AM
Merited by JimboToronto (1)

The Top 5 Metaverse Cryptocurrencies With a Unit Price of Less Than $0.09 (March 2022)

The Metaverse Cryptocurrency market continues to be dominated by traders and investors looking for the next big thing. While there are already a number of successful multi-billion dollar Metaverse cryptocurrency initiatives on the market, such as Decentraland and The Sandbox, there are also a number of underappreciated and undervalued projects worth monitoring. This article examines our selection of the best five Metaverse crypto coins with a unit price less than $0.09 to watch in March 2022, ranked from lowest to highest by current price.

Just spluttered into my morning coffee.

As the British would say "Are you having a larf (laugh)".

You may not have noticed, with all the talk about everything else here, with a bit of Bitcoin related discussion thrown in. That this is the Wall Observer - Bitcoin price movement tracking and discussion.

Not a place to discuss shitcoins, this is frowned upon, especially so when mixed in with anything to do with Fuckerberg Metacrap or the fake Satoshi.

Bitcoin just on $39k holding remarkably well considering the turmoil in the world and the constant FUD over the past 10 years.

BitcoinBunny
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March 08, 2022, 10:10:06 AM

Bitcoin just on $39k holding remarkably well considering the turmoil in the world and the constant FUD over the past 10 years.

Indeed, I am surprised. Thought we would have had a massive dump over the last 24 hours to be honest.
Oil & Gas prices soaring, wheat -> food prices soaring, near 10% official inflation figures probably in the next month.
Combine all that I think the central banks are going to be crippled to totally not be able to raise interest rates which means more inflation and only pretend economic growth.

Perhaps those seeing that BTC is indeed a good inflation hedge and jumping into BTC for longterm and those who are only on the BTC bandwagon for short term investments and dropping off are finally balancing each other out, which could mean only uppity from here.
Farmer Bill
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March 08, 2022, 10:43:15 AM

This morning's western propaganda trying to get us into WW3 by the end of today:

Daily Mail
Quote
It's no longer if but WHEN Nato has to fight Putin, says retired UK general: Russians are 'hell-bent on escalation' so West should consider imposing no-fly zone and to backing it up with boots on the ground - despite Kremlin's 'meaningless' nuke threats
Quote
NORMAN BAKER: Everything Vladimir Putin is doing echoes Adolf Hitler. That's why the West has no choice but to enforce a no-fly zone over Ukraine


(In)dependent
Quote
Occupying Ukraine an ‘ impossible task’ and will mark ‘Putin’s end’, Ben Wallace insists
Quote
Ukraine’s president says Putin is living in an ‘informational bubble’

Sky News
Quote
Warning NATO may have to fight Russia sooner or later; 12,000 Russian troops dead and some deserting, Ukraine says

Evening Standard
Quote
OPINION - There’s no reasoning with Russia. It can only be stopped by force

Meanwhile the RT website no longer loads.

BuT tHeY aRe ThE pRoPaGaNdA gUyS, nOt Us...



Yep rt.com unreachable from here in US too.
Yesterday reachable from UK VPN but not from Ireland VPN

Still available through TOR

RT Headlines of interest - Coinbase blocks 25.000 addresses of Russian individuals suspected of being connected to illegal activity.

New accusations of US funding of Ukraine biolab.
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March 08, 2022, 11:01:21 AM


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March 08, 2022, 11:01:41 AM

Bitcoin just on $39k holding remarkably well considering the turmoil in the world and the constant FUD over the past 10 years.

Indeed, I am surprised. Thought we would have had a massive dump over the last 24 hours to be honest.
Oil & Gas prices soaring, wheat -> food prices soaring, near 10% official inflation figures probably in the next month.
Combine all that I think the central banks are going to be crippled to totally not be able to raise interest rates which means more inflation and only pretend economic growth.

Perhaps those seeing that BTC is indeed a good inflation hedge and jumping into BTC for longterm and those who are only on the BTC bandwagon for short term investments and dropping off are finally balancing each other out, which could mean only uppity from here.

The price of US benchmark crude oil, West Texas Intermediate (WTI) jumped 1.5% to US$ 117 per barrel after briefly touching US$ 130 per barrel. The global benchmark Brent oil rose to US$ 121 per barrel, after briefly touching US$ 139 per barrel, the highest level since July 2008.
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March 08, 2022, 11:11:10 AM

Reluctantly need to sell some corn to buy additional fertilizer (which has more than doubled in price since last growing season) to grow corn. Fortunately it's from my BTC Deposit wallet, which is my de-facto deposit account where all spare cash goes and not my main stash.

Food prices are going to increase substantially this coming year, if any of you have spare cash, sure buy some BTC at these prices but also set aside some to purchase non-perishable groceries in bulk if you have the room to store them.

Any prepper website will show basics of what to buy and quantities.
A decent ceramic water filter is also a good investment.

Time to get to work, have a good day all.
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March 08, 2022, 11:25:46 AM
Merited by DaRude (1)

As to your other angle, it all comes down to perspectives or frames of reference if you wish. One side tries to frame the conflict in terms of a separate, individual localized incident where Russia out of the blue attacks small Ukraine for a land grab. Very easy to argue for Ukraine as a victim and dismiss Russia with crazy Putin as a big bad aggressor, pretty clear cut whats good and bad.

Georgia 2008, Ukraine 2014, no, it's not "individual localized", it follows the pattern of Putin attempting to resurrect a totalitarian dictatorship, collapse of which he not-so-subtly called the greatest geopolitical catastrophe of the 20th century.

But taking a step back and looking at a bigger picture you realize that suddenly things are not so simple, and some things don't make sense at all. Clearly by officially providing live intel and 17,000 anti-tank missiles and 2,000 stinger anti-aircraft missiles to Ukraine makes it a proxy war for superpowers with Ukraine stuck in the middle.

How does it not "make sense at all" for Ukraine to acquire defensive capabilities after the aforementioned aggressions? Surely it makes at least some sense if you really want to step back and take a look at the whole picture and not just Putin's "interests".

Now this is where things get very nuanced, not so black and white, and now whats good and whats bad isn't so clear anymore. Just because things are complicated doesn't make Russia right, but people start thinking, and this is not the field mass media and people with agenda, want to play on.

No, it's still actually quite clear, no need to muddy the waters here. If Alice robs Bob's house and Carol's house and Carol buys a baseball bat and Alice comes back to rob Carol 8 years later, no sane person would think that this is complicated or nuanced.

After Saudis double tap a Yemen funeral with a 500 pound laser-guided bombs manufactured by the United States resulting in 155 killed, US sells $110 billion in weapons in 2017 and $350 billion over 10 years to Saudi Arabia while Saudis are still involved in the Yemeni war causing (8,672 civilians killed and 9,741 injured by coalition's airstrikes) and no one bats an eye, the war is still ongoing. Russia starts a conflict in Ukraine with 406 civilians killed and everyone looses it, Russian funds are stolen, every mass media is covering the war almost 24/7, major cities light up their buildings in the colors of the Ukrainian flag, online warriors are activated and put Ukrainian flags in the profile, and people want to start WW3 by asking NATO to start shooting down Russian planes ("no fly zone"). Clearly all due to the loss of human life and because Saudis are not a dictatorship Roll Eyes

Our propaganda is better than their propaganda.
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March 08, 2022, 11:30:07 AM

Bitcoin just on $39k holding remarkably well considering the turmoil in the world and the constant FUD over the past 10 years.

Indeed, I am surprised. Thought we would have had a massive dump over the last 24 hours to be honest.
Oil & Gas prices soaring, wheat -> food prices soaring, near 10% official inflation figures probably in the next month.
Combine all that I think the central banks are going to be crippled to totally not be able to raise interest rates which means more inflation and only pretend economic growth.

Perhaps those seeing that BTC is indeed a good inflation hedge and jumping into BTC for longterm and those who are only on the BTC bandwagon for short term investments and dropping off are finally balancing each other out, which could mean only uppity from here.

I suspect this is because all the weak hands had mostly been cleared out from the 50% correction we had last year. And the weak hands that somehow held through that have now been removed from this recent correction. Retail is dead, which means no weak hands.
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March 08, 2022, 11:56:16 AM
Last edit: March 08, 2022, 12:18:22 PM by modrobert

Bitcoin just on $39k holding remarkably well considering the turmoil in the world and the constant FUD over the past 10 years.

Indeed, I am surprised. Thought we would have had a massive dump over the last 24 hours to be honest.
Oil & Gas prices soaring, wheat -> food prices soaring, near 10% official inflation figures probably in the next month.
Combine all that I think the central banks are going to be crippled to totally not be able to raise interest rates which means more inflation and only pretend economic growth.

Perhaps those seeing that BTC is indeed a good inflation hedge and jumping into BTC for longterm and those who are only on the BTC bandwagon for short term investments and dropping off are finally balancing each other out, which could mean only uppity from here.

I suspect this is because all the weak hands had mostly been cleared out from the 50% correction we had last year. And the weak hands that somehow held through that have now been removed from this recent correction. Retail is dead, which means no weak hands.

I agree with this, and would like to add a reason; people are starting to disconnect Bitcoin from other frames of reference, it's finally gaining momentum based only on its own merits. Despite threats of new regulations, people are tired of governments screwing with their future, Bitcoin is the solution.

-"Fix the money, fix the world."

EDIT:

This explains it rather well (!old, still valid)...

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March 08, 2022, 12:01:26 PM


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March 08, 2022, 12:03:17 PM
Merited by JayJuanGee (1)

Whoa, seems like I had a rain of Merits in the last two days.  I can only be appreciative towards all of you who dropped some.  The now ongoing debate is interesting.  What I find even more interesting is how some people take words out of context specifically in an attempt of discarding counter arguments.  I try to merit each of you as an appreciation for discussing in a humane way, this seems to be rare.  Most arguments end immediately with one calling the other a troll.

@JayJuanGee Of course Bitcoin matters!  In fact, with this war it might start to matter more than it ever did.  Look at the pictures of those queues in front of ATM's over there in Ukraine.  All of a sudden holding your savings in a bank is not as safe anymore, is it?  I would imagine that one of the preventive steps taken by Russians affected by sanctions is moving at least part of their wealth to Cryptocurrencies.  This is what I would do, especially if I put EUR/USD, RUB/USD and BTC/USD one next to another.  Good or bad, they just made a big potential case for further Bitcoin adoption.

Or maybe they do not think the same way I do, but I hope that is not the case.  If I was under threat of having my wealth seized or frozen, I would immediately look for a way to avoid it.  And there it is, the 'virtual' Bitcoin 'that can not have actual value' shining like never before.

You are not the only one on hopium, but I am just very conflicted about what is currently happening.  Could be the perfect scenario for more Bitcoin adoption and use cases, that is great!  But what could cause this is fear of war, fear of economical collapse or fear of sanctions, which ultimately sucks.  Sucks because it could have happened naturally, without an event possibly bringing us closer to another World War than we have ever been since the Second one ended.

I wish those in the situation I described above saw the potential Bitcoin has without the beginning of a war.  I wish they chose freedom of finance before being constrained to do so.  But unfortunately we tend to choose comfort over all so for some people, this is the only way they can see Bitcoin in a positive light.

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March 08, 2022, 12:20:20 PM
Merited by JayJuanGee (1)

A couple thoughts:

1. I hear the US is going to annouce some kind of policy/regulations or something regarding bitcoin soonish. There are people saying this will be bad as in a move to start pushing back against bitcoin's growth and others are saying that this is the US positioning itself to be a key player in the upcoming bitcoin world. I personally have no idea what's going to happen, but seeing the following tweet makes me wonder. Has the US been in discussion with the EU regarding its soon to be bitcoin policy? maybe they have, and this decision by the EU to drop the bans migtht mean that the US is going to make a positive announcement.




2. I've mentioned this before. It is my understanding that there is a massive discount on the Grayscale trust to the bitcoin spot price. Grayscale is going for an ETF approval, if they get it not only will there probably be a short term pump, but, the discount will completely disappear, meaning those who bought before the announcement have made a shit ton of profit if they sell just after approval. Approving this ETF as opposed to the others also means that the conis the trust holds will no longer be locked down, the SEC might see this as a good thing, I don't know. But I think that taking a bet on that trade has a huge potential pay off. And I'm sure that's why funds like ARK and Morgan Stanley are investing in the trust.

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March 08, 2022, 12:29:51 PM

~

Again, two wrongs... but you already know that, so what's your point here? The war is fine, the reaction to it is bad? Honestly I'm struggling to follow. If you want to ignore what's happening in Ukraine I'm sure no one will arrest you for doing so.
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March 08, 2022, 12:32:38 PM

For all those who came across many bitcoin's in the market who tends to say they are copy of bitcoin and then people ask is this possible so to answer them it is said there is only and only one bitcoin and rest all other are shitcoins created by scammers like Roger Ver for their personal profits.



You can hard fork it but it will not be same as the orginal and the support for bitcoin will always remain high as it's the one which Satoshi initially made to change the monetary system.
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March 08, 2022, 01:26:18 PM

The Top 5 Metaverse Cryptocurrencies With a Unit Price of Less Than $0.09 (March 2022)

The Metaverse Cryptocurrency market continues to be dominated by traders and investors looking for the next big thing. While there are already a number of successful multi-billion dollar Metaverse cryptocurrency initiatives on the market, such as Decentraland and The Sandbox, there are also a number of underappreciated and undervalued projects worth monitoring. This article examines our selection of the best five Metaverse crypto coins with a unit price less than $0.09 to watch in March 2022, ranked from lowest to highest by current price.

This is plagiarism shithead, and if you'd bother to at least read the replies to your threads, instead of to continue fishing for merit, you'd know that this will get you permbanned very soon.
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March 08, 2022, 01:48:12 PM

[...]
This deserves demerits.
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