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

[somac.]

waiting for Chart Buddy to signal the end of the bear market like

6 months at most I reckon. Then it will be deflation depression panic stations. The real question is what price does Bitcoin hit in the meantime. Even these levels are pissing me off, much lower from here would be a even bigger downer. Of course, I'll hodl all the way, because when it turns, it will turn hard and the FOMO will be massive. Trying to time that would be a fools errand.

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[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[philipma1957]

Well, As a Bitcoiner. I would always recommend Bitcoin.
But, I didn't hate ETH, to be honest. Because it was 2nd coin on the top 10 list and it has PoW at least.
Now, I would recommend everyone not to trust ETH anymore.

Proof of Stake made it centralized and the blockchain vulnerable. Two major Stakeholders control 47% of ETH. Meanwhile, Gas fees, Network congestion and speed remain the same. So, What was the purpose of ETH 2.0? Fuck Vitalik.

It has a similar purpose as it always had whether it was POW or POS.. it did not matter.  Its purpose was to allow it facilitate the pumping of a variety of scams, including pumping itself to appear that there was something there when there was not.  That piece of shit is not dead, and it is still going to get pumped and convoluted into presenting itself as if it were something that has value and potential.  

Likely for the past 6-7 years many of us participating in this thread have been thinking that Ethereum could have a rapid death at any moment, and people don't really believe that nonsense do they?  But alas.. people continue to believe that nonsense and continue to pump money into a thing that has been a convoluted mess from the start and continues to be some variation of the convoluted mess that it always has been, but still people continue to buy it... so how would any of us here know how long such ongoing smoke and mirror card house can keep going?  maybe another 10-30 years? perhaps?

Less than 2 years and they will be dead.

V.B. has made a lot of enemies. 23-25 million a day income and liquid income at that was killed off by his insane idea of

c=.    going pos.

His staked income 'created' which is frozen is 2 million a day.

that is a 21 to 23 million dollar net loss every day not to mention the bigger number was liquid and churned through all levels of the economy .

ie
miners
power companies
amd
nvidia
intel
evga
corsair
asrock
gigabyte
newegg
amazon
ebay
exchanges
all got to churn that 23-25 million every day a new 23-25 million

all gone poof

and 2 million every day now comes to frozen accounts for over the next 6-18 months.

V.B. will be lucky to stay out of jail over the next year or 2.

[shahzadafzal]

Oh noes, are we poor again? 

[ChartBuddy]

Explanation

[execijutiere]

The decline I was expecting finally came. Obviously, I was expecting a drop towards 17 thousand 500 dollars, but for now, it held on to the support of 18.300 and threw itself up. It turned from 18 thousand 300 and now rose up to 19 thousand 300. It is difficult to predict what will happen next. The market is likely to make a sharp move with a news.

[goldkingcoiner]

They keep saying...institutions, regulations, etc etc.
The regular money is not real, but bitcoin is real.
So it is understandable that people with fake money want to disparage "real money".
However, the "fake money people" have power.
It might take 40 year for that power to slowly seep from the "fake money" to "real money" and if it doesn't and they succeed in corrupting bitcoin, then the current fin system might not able to survive.

I am just going to 'hibernate' and wait; the trend should become visible in 10-20 years or so.

I came to this very conclusion myself around 6 months ago.
Unfortunately being a little "over the hill" means I can't really afford to keep waiting for everyone to wake up.
Looks like I will be taking my BTC with me to the grave :-(

Well first of all, they will not be able to corrupt Bitcoin. Lets get that clear. Secondly, screw them. Everyone has heard of Bitcoin by now. If they don't want to be part of the future or are too lazy to research best ways how to increase their wealth in 2022, then they don't deserve to have an appreciating asset like Bitcoin. Early bird gets the worm. Screw latecoiners and their conservative, wishy-washy attitude towards the concept of money.

The President of the Federal Reserve Bank of Minneapolis tells the truth about Central Bank Digital Currencies(CBDCs).
(54 seconds) ... makes sense

https://twitter.com/chocolatefireg2/status/1570369665083346944

Oh wow I like this guy already.

[ChartBuddy]

Explanation

[Torque]

Could this week mark the final *large-ish* Fed rate hike? The stonk market certainly thinks so....one final massive short push before the trend starts to reverse.

I guess we shall see.

The President of the Federal Reserve Bank of Minneapolis tells the truth about Central Bank Digital Currencies(CBDCs).
(54 seconds) ... makes sense

https://twitter.com/chocolatefireg2/status/1570369665083346944

Oh wow I like this guy already.

Don't get too excited. That guy is the same fkn googly-eyed tool interviewed on live TV saying "Yes, we can print infinite dollars! We own the printing press!"  

Plus, he's just blatantly putting it out there where govts are going in the future, and he knows it. Predictive programming, Revelation of the Method.

[sirazimuth]

Watching the funeral.
So annoying listening to these robed pious folk droning on and on about our lord jesus christ and  a non-existent sky fairy,
rather than talking about and celebrating the Queens 70 year reign.
Talk about the lady that just died and celebrate her life of service,  not and bunch of religious mumbo jumbo. Isn't that what this is all about ffs?

Apologies for rant and  off topic.
I had to get that out of my system.

[Crypt0S0ul]

Oh noes, are we poor again?  

Doesn't make sense to me.
If you are a new Hodler, You may say that. But, If you are a trader, No matter what you trade. You can be rich, and you can be poor as well.
No matter what is the market move, day traders consistently make money.

BTW, If I can buy a Cup of tea with BTC. It's awesome. So, take it positively.

[shahzadafzal]

Oh noes, are we poor again?  

Doesn't make sense to me.
If you are a new Hodler, You may say that. But, If you are trader, No matter what you trade. You can be rich and you can be poor as well.
No matter what is the market move, day traders always make money.

Hodler or Trader choose one.

BTW, If I can buy a Cup of tea with BTC. It's awesome. So, take it positively.

I prefer D cup.

[ChartBuddy]

Explanation

[Republikcoin.com]

The decline I was expecting finally came. Obviously, I was expecting a drop towards 17 thousand 500 dollars, but for now, it held on to the support of 18.300 and threw itself up. It turned from 18 thousand 300 and now rose up to 19 thousand 300. It is difficult to predict what will happen next. The market is likely to make a sharp move with a news.

Hopefully there is good news for Bitcoin in the next few days so that a sharp increase can occur in the near future.
Because the news that Bitcoin needs right now is news that can provoke all investors and traders to buy more Bitcoin so that there is an emphasis on Bitcoin price to increase more in the near future. But for now I don't see any such news for Bitcoin.

[cAPSLOCK]

The President of the Federal Reserve Bank of Minneapolis tells the truth about Central Bank Digital Currencies(CBDCs).
(54 seconds) ... makes sense

https://twitter.com/chocolatefireg2/status/1570369665083346944

Although The President of the Federal Reserve Bank of Minneapolis has become one of my heroes, and it makes me happy that there are still people in my country in leadership positions that think this way.

But it terrifies me that there seem to be so few.

[lizarder]

Can we describe how shady, beautiful and enchanting bitcoin will be in the future, this dream is just a picture of the desire to fight the challenges of achievement, which was initially thought impossible to become more real.
Then where are we, when this achievement is perfectly realized?

Isn't Bitcoin the source of the solution?

[Torque]

The President of the Federal Reserve Bank of Minneapolis tells the truth about Central Bank Digital Currencies(CBDCs).
(54 seconds) ... makes sense

https://twitter.com/chocolatefireg2/status/1570369665083346944

Although The President of the Federal Reserve Bank of Minneapolis has become one of my heroes, and it makes me happy that there are still people in my country in leadership positions that think this way.

But it terrifies me that there seem to be so few.

Here's your "hero" hard at work at gaslighting the public

https://youtu.be/DUrlNHTxuJM?t=44

[BitcoinBunny]

Watching the funeral.
So annoying listening to these robed pious folk droning on and on about our lord jesus christ and  a non-existent sky fairy,
rather than talking about and celebrating the Queens 70 year reign.
Talk about the lady that just died and celebrate her life of service,  not and bunch of religious mumbo jumbo. Isn't that what this is all about ffs?

Apologies for rant and  off topic.
I had to get that out of my system.

I thought the two church services were rather impersonal indeed and very religious heavy. It's not for me and I don't even know the Lord's prayer or any of that stuff. I expected maybe a few speeches about the queen but there wasn't any of that.
In fact a few laughs would have been good. It's ok to smile and be happy when remembering someone I think.

----
The last 5 minutes of the second church service did have me with a lump in my throat seeing the crown, orb and sceptre being removed, hearing the piper, seeing the coffin lowered and everyone sing God Save the King.
It sort of summed up in 5 minutes what the two one hour services were trying to say I guess.

Other than that the whole 6-7 hour ceremony seemed to go flawlessly and was quite a grand fitting send off.

I expected some imbecile to jump in front of the hearse but luckily no nutjobs were lining the streets this time.

[ChartBuddy]

Explanation