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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26368844 times)
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Arriemoller
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March 25, 2022, 11:17:11 PM
Merited by xhomerx10 (1)

Russia is now mobilizing conscripts and scraping together what working material they can, here's a convoy that shows the state of the russian army right now.

https://twitter.com/GirkinGirkin/status/1507275250505027589?s=20&t=AmMRpDSoJtZpPj0zMpMeVA

They are scraping the bottom of the barrel.

 They're probably using Doordash, Grubhub, FoodPanda and UberEats or whatever their equivalent delivery apps are to get food to the front lines; none of those gig workers can afford to live a decent life let alone a decent vehicle so that's why it looks kinda rag-tag.


Don't think so, they're out of money.

❗️ Financial problems have started in the Russian military

The Main Intelligence Directorate of the Ministry of Defense of Ukraine informs:

▪️After the promised payments to the military of the invading army, the Russian military had problems with funding. As it turned out, the payment of these costs is not provided in the budget in any way. And considering the unsatisfactory state of the financial system of Russia due to the imposed sanctions, it is impossible to find additional funds in the budget.

▪️Particularly, in the temporarily occupied Crimea, after the payment of «assignment allowances» to those who took part in the war against Ukraine, the available limit of military funds in February was completely exhausted. There is no funding for any payments for March.

▪️Similar situation with the payment for Russian «private military company» mercenaries participation in the war. Cases of refusal to go to the territory of Ukraine are becoming more frequent. The reason is non-fulfillment of the concluded contracts terms. The commandos do not receive funds for participation in operations, compensation for injuries and promised «social guarantees».
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March 25, 2022, 11:41:24 PM
Merited by xhomerx10 (1), JayJuanGee (1)

The EU's landmark legislative package for governing crypto assets is moving on to the next stage of negotiations without the divisive provision seeking to restrict the use of proof-of-work crypto.
The parliament has not challenged the negotiation mandate for MiCA, Berger tweeted early on Friday. The deadline for challenging the mandate ended at midnight on Thursday, according to Berger.
https://www.coindesk.com/policy/2022/03/25/eus-mica-bill-moves-forward-without-bitcoin-limiting-provision/
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March 25, 2022, 11:46:27 PM
Merited by xhomerx10 (1)

Russia is now mobilizing conscripts and scraping together what working material they can, here's a convoy that shows the state of the russian army right now.

https://twitter.com/GirkinGirkin/status/1507275250505027589?s=20&t=AmMRpDSoJtZpPj0zMpMeVA

They are scraping the bottom of the barrel.

 They're probably using Doordash, Grubhub, FoodPanda and UberEats or whatever their equivalent delivery apps are to get food to the front lines; none of those gig workers can afford to live a decent life let alone a decent vehicle so that's why it looks kinda rag-tag.


Don't think so, they're out of money.

https://www.usnews.com/news/world/articles/2022-03-21/russian-officials-solicit-donations-for-soldiers-fighting-in-ukraine

Some highlights:

Quote
Local officials in Russia's Belgorod region bordering Ukraine have set up collection points where citizens can drop off donations of socks, medicine and tinned food for Russian troops fighting in Ukraine, according to messages from the officials seen by Reuters.

Quote
... "Friends, right now for our military the most important thing is medicine: strong pain relief, cold medicine, cough tablets, bandages, syringes, insulin, Novocaine, Lidocaine."

"We are also accepting personal hygiene items, socks, hats, gloves, thermal underwear, cigarettes, head torches."

Quote
The items requested by the association head in the chat included compasses, analogue watches, and AA and AAA batteries.

Quote
He said he had handed over tea, food, and undergarments.

They'll start asking to donate weapons and vehicles soon I think. Well, it's Russia so probably not so much "asking".
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March 26, 2022, 12:01:27 AM


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March 26, 2022, 12:25:43 AM

Contrary to prior bitcoin "species" classifications...in 2022, 616 btc tx makes you a 'whale'...probably 60 btc in 2025, then 6 in 2030-35.

https://www.benzinga.com/markets/cryptocurrency/22/03/26300799/bitcoin-whale-moves-616-btc-off-coinbase
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March 26, 2022, 12:32:15 AM
Last edit: March 26, 2022, 12:46:04 AM by savetherainforest

Well...it seems like users of Coinbase residing in Canada are in a bit of a pickle now...




SHeeeeeeeeeeiiiiii!TTT !!  Cheesy  Grin   Tongue  Cry  Shocked  Cool  Kiss


[<Brace FOr Impact>]
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March 26, 2022, 01:01:23 AM


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March 26, 2022, 01:04:42 AM
Merited by fillippone (3), JayJuanGee (1)

the evening wall report


Bitcoin closed at $44,340.60 today with upwards momentum intact as bullish signals continue to be observed. I actually am having a hard time articulating what I am feeling right now but I know you all feel it too. The World is changing...your still early...step aboard for the ride.


dyor

mastodon trumpets and leads the charge
4h


shoots of corn grow in the sunlight
D


the weekly chart looks close to a significant bullish crossover on the MACD and span A resistance fading
W

stronghands



-------

re fedbase
there is and will be more regulations...its just up to(you)the people to stand up against the surveillance machines that corporations and nation states have become
get out there...bang on doors...emails...phone calls..what ever it takes    the change is upon us... make it happen
they will talk about this era for the next thousand years...point to it and say this where everything became different
you are a part of that  we are part of that
i am humbled
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March 26, 2022, 01:07:45 AM
Merited by Toxic2040 (5), JayJuanGee (1)

If Bitcoin Dies, Freedom Dies With It

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Bitcoin’s prolonged stability and global adoption are not only beneficial, but necessary for free societies to thrive.
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March 26, 2022, 01:52:47 AM
Last edit: March 26, 2022, 02:03:17 AM by PoolMinor
Merited by El duderino_ (10), Hueristic (1)

Buy now, buy often...

-PoolMinor









https://www.bitfinex.com/order-book/?pair=BTCUSD
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March 26, 2022, 02:01:21 AM


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March 26, 2022, 02:12:13 AM


I actually am having a hard time articulating what I am feeling right now but I know you all feel it too.

If we (not sure whether this would be royal?) attempt to temporalize the sensation of lil selfie, then whatever happens to be contained therein should flow outwardly more easily, no?

#justsaying...**



**I am not even claiming to be original in my attempts at framing and/or problem-solving what might be happening in bitcoinlandia... Yesterday (around this time), the connections seemed to flow so easily out of ur lil selfie.. and so maybe signs are materializing within the zen-zone a possible endening to our earlier temporal... which goes without saying may (before anyone appreciates it - even your closest rival, ImThour) result in either flat or DOWNity..  Cry Cry Cry../....


I hate to make these statements, really...
Cry
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March 26, 2022, 03:01:28 AM


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March 26, 2022, 03:54:02 AM
Last edit: March 26, 2022, 04:27:24 AM by goldkingcoiner
Merited by JayJuanGee (1)

Are all particles decentralized? If every particle is fundamentally the same particle; produced by the same fundamental conditions, can they be produced anywhere in the
universe? That might explain both the particle wave duality and the particle pair production as a phenomenon of the conservation of energy law. Gonna try to figure this one out.

Think of it this way: red is information. Red is also a known and established color that only has one appearance attribute, being red.
A red car, a red flower, a red book. So the information "red" is decentralized but always present everywhere. It's the physical attribute to different forms which makes it something more than just red (like different particles having different quantities of energy, but having different forms)

And don't tell me to google QFT. Its not the same.
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March 26, 2022, 03:55:27 AM
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I actually am having a hard time articulating what I am feeling right now but I know you all feel it too.

If we (not sure whether this would be royal?) attempt to temporalize the sensation of lil selfie, then whatever happens to be contained therein should flow outwardly more easily, no?

#justsaying...**



**I am not even claiming to be original in my attempts at framing and/or problem-solving what might be happening in bitcoinlandia... Yesterday (around this time), the connections seemed to flow so easily out of ur lil selfie.. and so maybe signs are materializing within the zen-zone a possible endening to our earlier temporal... which goes without saying may (before anyone appreciates it - even your closest rival, ImThour) result in either flat or DOWNity..  Cry Cry Cry../....


I hate to make these statements, really...
Cry





a lot of ways to go here...but i think ill go this way    Cheesy

what I am saying is that I think the number will continue to go up well into April and beyond...some consolidation...some profit taking....markets gunna market
big picture...things look to be accelerating with adoption and use case...its talked about extensively pretty much every day on most MSM outlets now
its increasing its roll in international settlements and has been declared legal tender in sovereign states
right now in this moment bitcoin and by extension 'cryptocurrencies' are probably the most discussed thing amongst nations....besides the actually fighting in Ukraine and the threat of escalation from Russia
I think the mining costs of bitcoin are around $30-$35kish?  some perhaps as low as $20k..but probably not many at that lvl     halfing in...yeah...two years...but...thats not all that far really...gunna have to start pricing that in soon
maybe $60k-$70kish?  thats not counting inflation or energy cost spikes i guess   but really...is a bitcoin just worth what it costs to mine?  dont think so really myself     or if it is...probably best to put some profit in there so people can move it around

i am also saying that on the daily the 50ma inflected and appears to be in a more upwards and sideways mode than in a downwards and sideways mode   might fill up to $50k-$52kish easily and have a nice cup and handle and then maybe a spot of tea

so...  dyor


stronghands


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March 26, 2022, 04:01:22 AM


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March 26, 2022, 04:40:52 AM

Are all particles decentralized? If every particle is fundamentally the same particle; produced by the same fundamental conditions, can they be produced anywhere in the
universe? That might explain both the particle wave duality and the particle pair production as a phenomenon of the conservation of energy law. Gonna try to figure this one out.

Think of it this way: red is information. Red is also a known and established color that only has one appearance attribute, being red.
A red car, a red flower, a red book. So the information "red" is decentralized but always present everywhere. It's the physical attribute to different forms which makes it something more than just red (like different particles having different quantities of energy, but having different forms)

And don't tell me to google QFT. Its not the same.

I'll tell you what.

Dumb lil me does not exactly know where you are going with this - yet since the topic does not sound bad because you used a buzz word that some of us frequently attempt to understand within a kind of relative context, there might be some possibility that your question will somehow relate to the topic of this thread...

Perhaps?

Perhaps?

TLDR:  Don't know if clever or just using the right buzz words.

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March 26, 2022, 05:01:21 AM


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JayJuanGee
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March 26, 2022, 05:40:14 AM


I actually am having a hard time articulating what I am feeling right now but I know you all feel it too.

If we (not sure whether this would be royal?) attempt to temporalize the sensation of lil selfie, then whatever happens to be contained therein should flow outwardly more easily, no?

#justsaying...**



**I am not even claiming to be original in my attempts at framing and/or problem-solving what might be happening in bitcoinlandia... Yesterday (around this time), the connections seemed to flow so easily out of ur lil selfie.. and so maybe signs are materializing within the zen-zone a possible endening to our earlier temporal... which goes without saying may (before anyone appreciates it - even your closest rival, ImThour) result in either flat or DOWNity..  Cry Cry Cry../....


I hate to make these statements, really...
Cry





a lot of ways to go here...but i think ill go this way    Cheesy

what I am saying is that I think the number will continue to go up well into April and beyond...some consolidation...some profit taking....markets gunna market
big picture...things look to be accelerating with adoption and use case...its talked about extensively pretty much every day on most MSM outlets now
its increasing its roll in international settlements and has been declared legal tender in sovereign states
right now in this moment bitcoin and by extension 'cryptocurrencies' are probably the most discussed thing amongst nations....besides the actually fighting in Ukraine and the threat of escalation from Russia


Apart from your dreaded use of the "c-word," it is appearing that your earlier less impressive use of "temporal" has become more defined and futuristic.. and even optimistic.. and surely none of the things you say are untrue regarding the increasing use of discussions about bitcoin.. (fuck shitcoins... let's try to focus somewhat)...

Anyhow, yeah there might be some increasing underlying pressures that come into play regarding any news is good news, and the word starts to get into the heads of normies and the general public in spite of the naked shorting tools that financial circles have created might not be enough to counter the reality of ONLY so many bitcoins with which to work.. and a likely decently large enough quantity of folks are actually going to likely want to have assurance that they are dealing with the real deal rather than some kind of "paper version" that has to get transferred between people or institutions or whatever, and surely some of the skepticisms of third parties might force more and more folks to remove their coins from third parties.

Even an oligarch might be willing to agree to having some bitcoin exposure in a variety of ways.... and even if he's only choosing to put 10% into bitcoin, he might want to have half of that or more in actual wallets that he controls... not too difficult, even for an oligarch to learn.., especially when some of them are getting help by some of the recent seizures of their assets without any semblance of due process.. and even hearing that such lack of due process happened to others can be motivating enough to hold your own keys (wallets).

Surely, there are some bears out there who still believe that we have one or two years of either negative prices or flat, and surely that seems like a damned long time for flat or down when we already did not have any king of meaningful blow off top, and we have already had two 50% plus corrections in the past year, almost.

Getting above certain price thresholds seems to have decent possibilities to increase the desires to get in (aka fomo pressures), and surely there seem to be enough ongoing shorts to help with some of the fuel matters.... including those increasing number of naked shorts of traditional financial folks who believe that they are smarter than everyone else and speculate that bitcoin can be kept down, just like gold/silver has been kept down.. those guys/institutions/governments (and their naked short bets) can serve as fuel, too.


I think the mining costs of bitcoin are around $30-$35kish?  some perhaps as low as $20k..but probably not many at that lvl     halfing in...yeah...two years...but...thats not all that far really...gunna have to start pricing that in soon
maybe $60k-$70kish?  thats not counting inflation or energy cost spikes i guess   but really...is a bitcoin just worth what it costs to mine?  dont think so really myself     or if it is...probably best to put some profit in there so people can move it around

Of course, there is some connection to bitcoin's price and mining costs.. but the bitcoin is way too immature to be settling all of those kinds of short-term inefficiencies, and likely those folks who are already in mining are going to continue to remain unfairly profitable... and even this difficulty period is pushing all-time highs that currently are being calculated as 5%-ish over the last adjustment... seems to be a lot of ongoing hashpower coming online and BIGGER and BIGGER mining operations....   The next adjustment is estimated to be about 4.5 to 5 days from now (as I type this post).


>>>>>>
Latest Block:   729062  (a few seconds ago)
Current Pace:   105.2277%  (1287 / 1223.06 expected, 63.94 ahead)
Previous Difficulty:   27550332084343.84                           
Current Difficulty:   27452707696466.39                           
Next Difficulty:   between 28705072101842 and 28903420607787
Next Difficulty Change:   between +4.5619% and +5.2844%
Previous Retarget:   March 17, 2022 at 12:33 PM  (-0.3543%)
Next Retarget (earliest):   Wednesday at 7:51 PM  (in 4d 19h 27m 49s)
Next Retarget (latest):   Wednesday at 10:02 PM  (in 4d 21h 38m 47s)
Projected Epoch Length:   between 13d 7h 18m 26s and 13d 9h 29m 24s

<<<<

https://www.bitrawr.com/difficulty-estimator


Of course, BTC prices do not directly follow these kinds of hashpower increases, but there is a lot of knowledge out there about getting bitcoins.. that include holding them, too... ONLY so much that some of these players are going to trust with third parties to hold, and if the third parties are holding some of these coins, it is not likely that miners are going to lock themselves into relationships in which those coins are locked with third parties who might not actually have the coins they claim to have.

You can see the historical difficulty adjustments, here.. and surely amazing.,. the last two were only a tiny bit red.. but the previous 15 out of 16 were positive.. and that is why we are currently in ATH hashing rates again:

https://btc.com/stats/diff?_ga=2.166892222.1079250679.1586286038-48233127.1586286038


i am also saying that on the daily the 50ma inflected and appears to be in a more upwards and sideways mode than in a downwards and sideways mode   might fill up to $50k-$52kish easily and have a nice cup and handle and then maybe a spot of tea

so...  dyor


stronghands

I am not going to complain about tea, to the extent that it might be relevant in terms of this immature asset resuming UPpity direction.. and even more than we have already seen.. sure our 1/24 low of $32,951 cannot be completely be confirmed to be in, but seems that if we can get into the $50k to $52k price range, even for a relatively short period of time of a day or two, then we likely can at least confirm that the $32,951 bottom is in.. and then the next question would be about if there might still be enough ongoing  momentum to keep our party going in an UPwardly direction.. and if we get above $62k.. then likely ATH is history... not guaranteed.. but I don't buy it that two fake outs would be likely in a row.. especially given our ONLY having had reached $69k in that last ATH.. that surely finished prematurely.. but at the same time, if there is a sense that as many weak hands have been shaken as can reasonably and realistically be shaken.. then there might be enough ongoing earlier stagnation in the past year that would justify getting us past noman's zone (currently seems to be $62k-ish to $92k-ish). and thereafter resuming our previously scheduled (and currently delayed UPpity)... again, no guarantees, for sure.
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