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

[ChartBuddy]

Explanation

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[DU18]

Like my previous Post which stated that if there is a little confusion about what most traders are doing, when bitcoin is at a high price they hope to buy it at a low price, but on the other hand, when bitcoin is at a low price their just keep waiting because they are doubtful buy, I think some of these traders or investors don't have faith in bitcoin fundamentals all this time because if they continue to wait for the right time of course they will most likely miss the best opportunity to buy .

[LFC_Bitcoin]

Jeez, hasn’t poor mindrust suffered enough already?



@laman_nft3
NEW: Turkey's annual inflation soars to 73.5% in May, highest since 1998.

Ever hear about #Bitcoin  , Mr. President?
https://twitter.com/laman_nft3/status/1533024680629751810?s=21

🇹🇷

[Subbir]

Right @El duderino_ bro buy and HODL for 2024

Sleeping with long.... wake up to see Billionaire with bitcoin, BTClead in this worldBTC

Jeez, hasn’t poor mindrust suffered enough already?



@laman_nft3
NEW: Turkey's annual inflation soars to 73.5% in May, highest since 1998.

Ever hear about #Bitcoin  , Mr. President?
https://twitter.com/laman_nft3/status/1533024680629751810?s=21

🇹🇷

I hope in the hole world converted bitcoin every president every country, just wait for time.

[ChartBuddy]

Explanation

[Khanvila78]

https://twitter.com/BitcoinMagazine/status/1533056081190170624

[eXPHorizon]

What is the Main cause of Inflation in this day and age ?   I know the answer very well, i wish to know your ..

[BitcoinBunny]

What is the Main cause of Inflation in this day and age ?  I know the answer very well, i wish to know your ..

Main cause is the USA since almost everything is priced in dollars around the world.

A lot of it has to do with out of control money printing and whatever deep state group managed to pull the wool over people's eyes that Joe Biden really received 80 million votes and were trying to unseat Trump from day one in 2016 when he hadn't even taken office yet.

In the UK we are like a lapdog following along with imbecilic policies at the moment. There is absolutely no interest to look long term. A nuclear power plant is a long term solution. 10 ugly wind mills near people's homes is a like a quick tiny unreliable and dangerous for birds fix.

IF policies did a 180 and there was a drive to not print a single pound anymore, to slash income tax by 50% and to then fully slash every handout that existed....
Sure, THEN I would lose interest in Bitcoin because I think the economy would prosper and we would do well.

But this will never happen.

Instead, inflation is exactly being used to pretend the economy is doing well, just like the fake nonsense of sending guns and ammo to Ukraine to pretend we are defeating Russia and this all happens whilst making the UK army tiny and taking almost every single police officer off the street. It's ridiculous really.

[Gachapin]

I really start to think that Saylor reads the WO...


We were just talking about POS yesterday. Today he tweets:


PoW is money. PoS is credit.

https://twitter.com/saylor/status/1533072638268035074?cxt=HHwWhMCyraTcyMYqAAAA



Last time, when we talked about BTC layers and what they could accomplish, he tweeted this:


Six Layer Model of the Bitcoin Economy:

1 - Monetary Protocol (#Bitcoin)
2 - Transaction Protocol (#Lightning⚡️)
3 - Applications (BTC Exchanges/Banks/Payments)
4 - Derivatives (BTC backed Securities/Currencies)
5 - Products (Devices with BTC)
6 - Services (Offerings with BTC)

https://twitter.com/saylor/status/1530219919106887681?cxt=HHwWgsC-qZa6t7wqAAAA



I wouldn't be surprised if he already has an account...

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[Lucius]

Breaking news from the future (2068) 

[Hueristic]

 Knowing you, you will probably laugh.

Your correct and /i did.

And get better soon.

Damn. Get better soon! You gotta be careful on bikes. Those things have a mind of their own sometimes...

Thanks guys, appreciate it.

ouch. take it easy.. get better soon.

takes more thAHONE POLE TO KEEP ME DOWN FOR LONG. :d

stupid bt keyboard causing tons of issues.


Anyhoo's had a slight setback and havn't been able to type so didnt post what happened yet but i'll give a rundown of the injuries Sans the bumps and bruises.

dislocated left ring finger
Sprained left ankle
re injury of l4-l5,l5s1 disks
T1 vertebrae fracture
Pelvis puncture and break in socket on right side
4 broken ribs

all manageable and will heal with rest and rehab so all in all damn lucky.

stupid pelvis break is the worst as i cant put any weight on it at all for 8-12 weeks and need that damn left ankle for all my weight lol.

anyway, I give a rundown when i'm in a better place and comfort zone.

trying to get released from trauma unit today.

[bitebits]

I really start to think that Saylor reads the WO...

[...]

Saylor is just trying to catch up with us, we are only 30844 pages ahead of him.

[ChartBuddy]

Explanation

[savetherainforest]

I really start to think that Saylor reads the WO...

[...]

Saylor is just trying to catch up with us, we are only 30844 pages ahead of him.

There are some pearls of wisdom in all this madness. If you look tight & closely for them.   

[ChartBuddy]

Explanation

[Biodom]

One thing that miffs me a bit after so many years is why the legitimacy of bitcoin is still being discussed and attacked so many years later.
Compare with internet: in 1999-2000 it was already clear that Internet would support many kinds of businesses and since then nobody (or almost nobody) opined that "we gonna tax that 'evil' internet or declare that it consumes too much server power".

Short answer 1:  Not to be snide, but either you are very young, or you have a short memory.  The way you said that—LOLWUT?  Of course, there was and is plenty of hyperventilating about the “evil Internet!!!!”

The Internet ignited political firestorms over free speech, among other issues.  Remember the Blue Ribbon campaign?

"not to snide"...proceeds to snide, lol

On the subject: political storms about Internet (which I am aware of) have nothing to do with interfering in the ability to form large businesses on it.
Contrary, in the case of bitcoin, there is a lot of effort to prevent bitcoin from truly flourishing.
For example: efforts in EU to "ban" POW or NY to ban mining that uses hydrocarbons; China almost completely banned everything but the ownership ffs, etc.
You compare things that are very different in nature.
Sen Cruz is right on that, don't be cocky and think that it is all hunky-dory. It is not.
However, bitcoin might still have the upper hand in the end.

[JayJuanGee]

One thing that miffs me a bit after so many years is why the legitimacy of bitcoin is still being discussed and attacked so many years later.
Compare with internet: in 1999-2000 it was already clear that Internet would support many kinds of businesses and since then nobody (or almost nobody) opined that "we gonna tax that 'evil' internet or declare that it consumes too much server power".

Short answer 1:  Not to be snide, but either you are very young, or you have a short memory.  The way you said that—LOLWUT?  Of course, there was and is plenty of hyperventilating about the “evil Internet!!!!”

The Internet ignited political firestorms over free speech, among other issues.  Remember the Blue Ribbon campaign?

"not to snide"...proceeds to snide, lol

On the subject: political storms about Internet (which I am aware of) have nothing to do with interfering in the ability to form large businesses on it.
In the case of bitcoin, there is a lot of effort to prevent bitcoin from truly flourishing.
For example: efforts in EU to "ban" POW or NY to ban mining that uses hydrocarbons; China almost completely banned everything but the ownership ffs, etc.
You compare things that are very different in nature.
Sen Cruz is right on that, don't be cocky and think that it is all hunky-dory. It is not.

It may well be that many of us are thinking about these matters in similar ways, but merely making our emphases from differing perspectives in our blind men (and perhaps a woman or two) attempting to identify the elephant.

At the same time, I am not sure how it could have been lost upon you Biodom that Bitcoin represents a truly new level of threat - and of course, it is similar to the threats of the internet, but it also has that value transferring and value holding component to it that was likely underappreciated by various powers that be for several years (the flying under the radar aspect). 

It's not like either the Govt or even various status quo powers that be rich institutions, are able to muster/coordinate their resources, so in that regard sure, there may well have been various persons within governments/status quo financial institutions raising alarm bells, but still difficult to coordinate - and even the incentive structures (and game theory) within bitcoin would likely cause distrusting folks to NOT necessarily coordinate in their attacks against bitcoin.... because some of the folks even within some of those institutions are not going to necessarily agree, will see bitcoin in their interests, and also end up defecting in one way or another if the suppression of bitcoin becomes the party line.

So for sure there are trade-offs within governmental systems to overtly attack or more subtly attack and even if they are able to maintain coalitions to attack a system that is quite likely objectively better for anyone who is able to use their brain rather than just going along with the party line.. Even partyline followers may well end up questioning the value of following the party line when they figure out that having an objective monetary system resolves a lot of corruption/societal problems.  Sure, bitcoin likely does not fix every single thing because bitcoin operates in a kind of interweaving way with humans.. so geez, the hubris of men (including their understanding of status quo institutions that have dominated humanity to date) will continue to cause them to believe that they are going to be able to reign bitcoin in.... and perhaps some of their attempts will be successful for a while (or in certain kinds of ways), until they are not... which could take 20 years to 50 years, to 100 years or more to resolve.. and for sure most of us are likely to be dead by the time the matters are really resolved, yet we can still make our BTC investment allocation decisions in the meantime... and figure out how much of our (time, energy and monetary) value that we are going to want to plug into bitcoin, including that each of us also should be attempting to tailorize our own participation in terms of our own individual particulars, too... so we are able to psychologically and financially handle the likely ongoing inevitable battles.   

[ChartBuddy]

Explanation