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

[Biodom]

@JJG...my main point is that "money interests" (PTB) are LOSING in the current system, even when, on the surface, they are able to have some meager returns.
By fully accepting Bitcoin, EVERYONE wins, including those entrenched parties.

[1714293848]

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[1714293848]

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[Next-door]

Please don't mind anyone. I'm telling you to think a little.
One day we too will die

[OutOfMemory]

Sorry if this has been posted here before:

They describe "Proof of Work" as anything with a complexity adjustment? Complexity != Difficulty

Diff adjustment doesn't change the "complexity" of the competition since the algorithm remains the same, it changes "difficulty" to get the desired hash

Passed as is, mining is fine https://t.co/9xDXhfxqGO

https://twitter.com/Regnar__/status/1532761420466688001?s=03

[JayJuanGee]

@JJG...my main point is that "money interests" (PTB) are LOSING in the current system, even when, on the surface, they are able to have some meager returns.
By fully accepting Bitcoin, EVERYONE wins, including those entrenched parties.

Ok..

So even if it appears that you are reiterating your "main point" in a way that seems to have shifted, we may well have different points then (to the extent that "we" (royal of course) are able to pin you down.. you fuck, #no homo)

It's not like I completely disagree with what seems to have become your "main point," even if I had some other points that I considered to be relevant in such discussion.. and sure maybe you don't agree with my points in regards to our transition into some kinds of bitcoin adoption, bitcoin gaining ascendance, bitcoin battles and bitcoin reaching larger dominance (one a spectrum of course).. which is fine..

To reiterate, I still believe that it could take a whole hell of a long time for a lot of folks to either recognize that they are "winning".. and some folks may well go to their graves battling under the impression that they are not winning.

Do the deets matter in regards to how this bad boy goes down (meaning up)?  perhaps to some it matters in terms of predicting where you might want to position ur lil selfie?  perhaps not as much to others who believe that they are able to stay somewhat detached.  Can we even sum up all human behaviors (rational or not, or mixed)?  even if we just try to characterize those behaviors in the context of our historical, current or future BTC adoption?  I doubt it.

Please don't mind anyone. I'm telling you to think a little.
One day we too will die

Hahahaha

I had to click on your profile Next-door - because when I first read your post I thought to myself:  "was I the one who merited that dweeb?"

hahahahaha

[Next-door]

Please don't mind anyone. I'm telling you to think a little.
One day we too will die

Hahahaha

I had to click on your profile Next-door - because when I first read your post I thought to myself:  "was I the one who merited that dweeb?"

hahahahaha

Do you understand?

[ChartBuddy]

Explanation

[JayJuanGee]

Please don't mind anyone. I'm telling you to think a little.
One day we too will die

Hahahaha

I had to click on your profile Next-door - because when I first read your post I thought to myself:  "was I the one who merited that dweeb?"

hahahahaha

Do you understand?

Biodom would not say that.

He's too nice.   

[BlackHatCoiner]

https://twitter.com/notgrubles/status/1533165961813032967

 

[Biodom]

Within that twitter thread, an interesting file linked by M. Saylor:

https://assets.website-files.com/614e11526f6630959fc98679/629a961965b5a15419d5c72b_On%20Impossible%20Things%20Before%20Breakfast.pdf

TL;DR: NYDIG: DeFi is uninvestable and "...all algorithmic stablecoins will fail and the vast majority – possibly all – of DeFi’s current versions will fail."
Suggests to build LiFi on lightning.

[eXPHorizon]

https://www.youtube.com/watch?v=g7D2Mlce6sg


This scene always makes me laugh 🤣🤣🤣

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[Gachapin]

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.

I wonder, Remember from the beginning Michael Saylor said Bitcoin had no chance,
all of a sudden he became Bitcoin ambassador,  one very thing I have known about Billionaires is that they will only tell you half the truth.

In several interviews Saylor explained very precisely why and how he changed his view on BTC.

Actually, he understands Bitcoin and its implications on a deeper level than most other public figures.


Saylor is no ambassador.  But he puts his money where his mouth is and sacrifices a lot of his time educating other people about BTC.

He wouldn't have to do it... he is super rich... he could just enjoy life fucking models all day long until he dies.


Saylor acts on conviction, because he gets how important BTC is for the world.  And that's what many Bitcoiners value.

[Piesel]

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.

I wonder, Remember from the beginning Michael Saylor said Bitcoin had no chance,
all of a sudden he became Bitcoin ambassador,  one very thing I have known about Billionaires is that they will only tell you half the truth.

In several interviews Saylor explained very precisely why and how he changed his view on BTC.

Actually, he understands Bitcoin and its implications on a deeper level than most other public figures.


Saylor is no ambassador.  But he puts his money where his mouth is and sacrifices a lot of his time educating other people about BTC.

He wouldn't have to do it... he is super rich... he could just enjoy life fucking models all day long until he dies.


Saylor acts on conviction, because he gets how important BTC is for the world.  And that's what many Bitcoiners value.

Saylor got in very late, the Bitcoin party started long ago while he was busy playing the public critics role against Bitcoin most other figures in the Bitcoin community were busy accumulating more, now the music has changed and Saylor wants to join the party by all means. Anyways he is welcome on the list he can still fill some bags just left over anyway. The best pizza was served long ago.

[ChartBuddy]

Explanation

[cAPSLOCK]

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.

I wonder, Remember from the beginning Michael Saylor said Bitcoin had no chance,
all of a sudden he became Bitcoin ambassador,  one very thing I have known about Billionaires is that they will only tell you half the truth.

In several interviews Saylor explained very precisely why and how he changed his view on BTC.

Actually, he understands Bitcoin and its implications on a deeper level than most other public figures.


Saylor is no ambassador.  But he puts his money where his mouth is and sacrifices a lot of his time educating other people about BTC.

He wouldn't have to do it... he is super rich... he could just enjoy life fucking models all day long until he dies.


Saylor acts on conviction, because he gets how important BTC is for the world.  And that's what many Bitcoiners value.

Saylor got in very late, the Bitcoin party started long ago while he was busy playing the public critics role against Bitcoin most other figures in the Bitcoin community were busy accumulating more, now the music has changed and Saylor wants to join the party by all means. Anyways he is welcome on the list he can still fill some bags just left over anyway. The best pizza was served long ago.

This is a strange thing to say, I think.

Yes.  If what you are comparing is the ability to have realized gains from under 1 cent to 30kUSD to the ability to go from 30k to 3 million. Then, Yes.  He missed the best time to invest.  But it was also the riskiest time.  It is easier for big money folks to invest here than just about anywhere south of here...

But make a list of things, that if they continue to exist, have a significant possibility to be a 100x investment from here?

Otherwise, the party is still just getting started.

[Gachapin]

I wonder, Remember from the beginning Michael Saylor said Bitcoin had no chance,
all of a sudden he became Bitcoin ambassador,  one very thing I have known about Billionaires is that they will only tell you half the truth.

In several interviews Saylor explained very precisely why and how he changed his view on BTC.

Actually, he understands Bitcoin and its implications on a deeper level than most other public figures.

Saylor is no ambassador.  But he puts his money where his mouth is and sacrifices a lot of his time educating other people about BTC.

He wouldn't have to do it... he is super rich... he could just enjoy life fucking models all day long until he dies.

Saylor acts on conviction, because he gets how important BTC is for the world.  And that's what many Bitcoiners value.

Saylor got in very late, the Bitcoin party started long ago while he was busy playing the public critics role against Bitcoin most other figures in the Bitcoin community were busy accumulating more, now the music has changed and Saylor wants to join the party by all means. Anyways he is welcome on the list he can still fill some bags just left over anyway. The best pizza was served long ago.

Indeed, you could certainly blame him for talking about BTC without having done sufficient research.  He even addressed that point in his interviews.


However, I suppose most of us have "opinions" about BTC while not fully understanding it... some good some bad.

I'm sure you wouldn't tell me you understand everything there is about BTC... and still, you probably publish your opinion about it.


Bottom line, he paid hefty extra $ for having dismissed BTC, first.


I guess it's true:  


Everyone gets Bitcoin at the price they deserve.

https://twitter.com/saylor/status/1426514009713520641?




And also this:

... If what you are comparing is the ability to have realized gains from under 1 cent to 30kUSD to the ability to go from 30k to 3 million. Then, Yes.  He missed the best time to invest.  But it was also the riskiest time.  It is easier for big money folks to invest here than just about anywhere south of here...
....
Otherwise, the party is still just getting started.

[ChartBuddy]

Explanation

[cAPSLOCK]

While we are criticizing him, maybe take some time to watch this.  It's really the best interview so far.

https://www.youtube.com/watch?v=B2DDOyqRltg

[dragonvslinux]

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.

I wonder, Remember from the beginning Michael Saylor said Bitcoin had no chance,
all of a sudden he became Bitcoin ambassador,  one very thing I have known about Billionaires is that they will only tell you half the truth.

In several interviews Saylor explained very precisely why and how he changed his view on BTC.

Actually, he understands Bitcoin and its implications on a deeper level than most other public figures.


Saylor is no ambassador.  But he puts his money where his mouth is and sacrifices a lot of his time educating other people about BTC.

He wouldn't have to do it... he is super rich... he could just enjoy life fucking models all day long until he dies.


Saylor acts on conviction, because he gets how important BTC is for the world.  And that's what many Bitcoiners value.

Saylor got in very late, the Bitcoin party started long ago while he was busy playing the public critics role against Bitcoin most other figures in the Bitcoin community were busy accumulating more, now the music has changed and Saylor wants to join the party by all means. Anyways he is welcome on the list he can still fill some bags just left over anyway. The best pizza was served long ago.

This is a strange thing to say, I think.

Super bizarre even.

Yes.  If what you are comparing is the ability to have realized gains from under 1 cent to 30kUSD to the ability to go from 30k to 3 million. Then, Yes.  He missed the best time to invest.  But it was also the riskiest time.  It is easier for big money folks to invest here than just about anywhere south of here...

As an individual he might of missed the best time to invest, but as company, it was probably the earliest possible. MSTR (as well as other companies) invested in Bitcoin as a reserve asset prior to it being worth $1 trillion. For a company, this is still very risky. I'm not surprised there aren't many other companies yet invested. It'll need to get back above $1T to be taken seriously for investment as a reserve asset, probably nearer $2-3T.

If you think companies can just throw their balance sheet at "ideas" when they are worth a few million, or a few billion, then obviously you (@Piesel) don't understand reserve risk. They aren't investing in order to make money, but to preserve wealth. Like many future investors, it won't be in order to speculate for 10-100x gains, but to avoid losing upto 10% a year to inflation. It's quick mafs.