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Question: What happens first:
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26399290 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.)
philipma1957
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October 20, 2022, 08:28:22 PM

Oh I get a wonderful email from binance.us they want me to stake in a shit coin

I won't mention the name.  but it is paying a wonderful 1.9% Shocked

meanwhile I am stacking
BTC
BTC gear
US savings I Bonds at 9.62%


That means many are just buying the I bonds

Mr V.B. killed off 20million a day in mining earnings which is not being replaced very well.  This trickles across btc along with the chance to buy I bonds at a huge number.

My 10k in bonds  Has been spread across June to Oct  .  I now will take a shot on some in Nov once rate comes out.

finance.us offers 16 shit coins for staking only 1 of them pays more than the I bonds


Every day I search Bing

 "How did Putin die last night"

Seems to be the worlds only hope to end this inflationary spiral upwards and onwards.

The Russian lunatic and his war don't help but a lot of that inflationary spiral is the west's own fault (and part of the Russia problem is also).

Our interest rates were kept far too low for far too long, which is exactly why so many turned to BTC. You were punished to save money. Foolish!
Printing endless money was completely stupid. The housing market and stock exchange were seen as examples of a great economy whilst many people never earned more, and hardly kept their salaries up with the inflation THEN.

The Covid carry on was a MASSIVE overreaction. Sure, keep the vulnerable like my mid 80s neighbours safe - bring them food, whatever, but preventing me from going into an office or enjoying the cinema unless I wear a mask for 3 hours was ultra stupid. Closing down fun outdoor places in the summer was even more ridiculous.

Here in the UK people were paid to stay at home and do nothing. The demand stayed the same but the produce wasn't there in the same quantities. Then there was helicopter money in the USA.

Pathetically short sighted.

We haven't seen the end of inflation I reckon. Here in the UK it is yet to peak.
We should have moved the interest rates up with at least the same rate as the FED to prevent our currency from collapsing.

Nice post.


last summer 2021

1 dozen jumbo eggs on a sale  $1.59

three weeks ago same eggs $4.19
two weeks ago same eggs $5.59
this week same eggs $5.79

I sprung for 3 dozen at $4.19 and felt like a big shot.

only a few left

At $5.79 I do not know what to do when I shop tommorrow.
ChartBuddy
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October 20, 2022, 09:01:22 PM


Explanation
philipma1957
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October 20, 2022, 09:05:21 PM


buddy be cracking those crabs wide open. sideways it is.
xhomerx10
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October 20, 2022, 09:11:07 PM
Merited by El duderino_ (10), vapourminer (1)



Bitcoin Magazine

 This was already posted.  That's a quick way to get on everyone's ignore list.  Anyway, we're about to go full circle; here's my take:


BitcoinBunny
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October 20, 2022, 09:17:08 PM

Oh I get a wonderful email from binance.us they want me to stake in a shit coin

I won't mention the name.  but it is paying a wonderful 1.9% Shocked

meanwhile I am stacking
BTC
BTC gear
US savings I Bonds at 9.62%


That means many are just buying the I bonds

Mr V.B. killed off 20million a day in mining earnings which is not being replaced very well.  This trickles across btc along with the chance to buy I bonds at a huge number.

My 10k in bonds  Has been spread across June to Oct  .  I now will take a shot on some in Nov once rate comes out.

finance.us offers 16 shit coins for staking only 1 of them pays more than the I bonds


Every day I search Bing

 "How did Putin die last night"

Seems to be the worlds only hope to end this inflationary spiral upwards and onwards.

The Russian lunatic and his war don't help but a lot of that inflationary spiral is the west's own fault (and part of the Russia problem is also).

Our interest rates were kept far too low for far too long, which is exactly why so many turned to BTC. You were punished to save money. Foolish!
Printing endless money was completely stupid. The housing market and stock exchange were seen as examples of a great economy whilst many people never earned more, and hardly kept their salaries up with the inflation THEN.

The Covid carry on was a MASSIVE overreaction. Sure, keep the vulnerable like my mid 80s neighbours safe - bring them food, whatever, but preventing me from going into an office or enjoying the cinema unless I wear a mask for 3 hours was ultra stupid. Closing down fun outdoor places in the summer was even more ridiculous.

Here in the UK people were paid to stay at home and do nothing. The demand stayed the same but the produce wasn't there in the same quantities. Then there was helicopter money in the USA.

Pathetically short sighted.

We haven't seen the end of inflation I reckon. Here in the UK it is yet to peak.
We should have moved the interest rates up with at least the same rate as the FED to prevent our currency from collapsing.

Nice post.


last summer 2021

1 dozen jumbo eggs on a sale  $1.59

three weeks ago same eggs $4.19
two weeks ago same eggs $5.59
this week same eggs $5.79

I sprung for 3 dozen at $4.19 and felt like a big shot.

only a few left

At $5.79 I do not know what to do when I shop tommorrow.

$5.79 is crazy.

Eggs have increased about 20% year on here.
I've seen fresh fish cost a hell of a lot more, which is bizarre considering we are a large island.
Other than that I've mostly noticed increases on dairy products and cooking oils.

Certain wines seem to have stayed exactly the same price, which is bizarre.



 
 
ChartBuddy
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October 20, 2022, 10:01:17 PM


Explanation
philipma1957
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October 20, 2022, 10:50:46 PM

Oh I get a wonderful email from binance.us they want me to stake in a shit coin

I won't mention the name.  but it is paying a wonderful 1.9% Shocked

meanwhile I am stacking
BTC
BTC gear
US savings I Bonds at 9.62%


That means many are just buying the I bonds

Mr V.B. killed off 20million a day in mining earnings which is not being replaced very well.  This trickles across btc along with the chance to buy I bonds at a huge number.

My 10k in bonds  Has been spread across June to Oct  .  I now will take a shot on some in Nov once rate comes out.

finance.us offers 16 shit coins for staking only 1 of them pays more than the I bonds


Every day I search Bing

 "How did Putin die last night"

Seems to be the worlds only hope to end this inflationary spiral upwards and onwards.

The Russian lunatic and his war don't help but a lot of that inflationary spiral is the west's own fault (and part of the Russia problem is also).

Our interest rates were kept far too low for far too long, which is exactly why so many turned to BTC. You were punished to save money. Foolish!
Printing endless money was completely stupid. The housing market and stock exchange were seen as examples of a great economy whilst many people never earned more, and hardly kept their salaries up with the inflation THEN.

The Covid carry on was a MASSIVE overreaction. Sure, keep the vulnerable like my mid 80s neighbours safe - bring them food, whatever, but preventing me from going into an office or enjoying the cinema unless I wear a mask for 3 hours was ultra stupid. Closing down fun outdoor places in the summer was even more ridiculous.

Here in the UK people were paid to stay at home and do nothing. The demand stayed the same but the produce wasn't there in the same quantities. Then there was helicopter money in the USA.

Pathetically short sighted.

We haven't seen the end of inflation I reckon. Here in the UK it is yet to peak.
We should have moved the interest rates up with at least the same rate as the FED to prevent our currency from collapsing.

Nice post.


last summer 2021

1 dozen jumbo eggs on a sale  $1.59

three weeks ago same eggs $4.19
two weeks ago same eggs $5.59
this week same eggs $5.79

I sprung for 3 dozen at $4.19 and felt like a big shot.

only a few left

At $5.79 I do not know what to do when I shop tommorrow.

$5.79 is crazy.

Eggs have increased about 20% year on here.
I've seen fresh fish cost a hell of a lot more, which is bizarre considering we are a large island.
Other than that I've mostly noticed increases on dairy products and cooking oils.

Certain wines seem to have stayed exactly the same price, which is bizarre.



 
 

Now those Jumbo and if I were to get them at walmart they are

https://www.walmart.com/ip/Great-Value-Jumbo-White-Eggs-12-Count/133610861?athbdg=L1100


$4.11  but it is 11 miles round trip say ⅓ of a gallon of gas  which is $3.69/3 = $1.23

or 2 miles to closer store which is much cheaper gas wise.

I have spilt shopping I price compare Walmart with Shoprite
I order online and get it delivered for free from wallmart.

Maybe 100 worth of food every 10 days
I buy maybe a second 100 worth of food at Shoprite.

By carefully comparing the 2 stores I spend say 100 + 100 = 200 every 10 days. and only drive to the closer shop rite .  the free delivery from walmart save me time and I tip the driver a few bucks which is close to the gas price I saved.

If I shopped 100% at with store It would be over $250.

So 50 bucks saved every 10 days.

I drive less easier on the car.

What amazes me is tolls to my bro-in-law in NEW YORK I am In New Jersey .

in Nov 2019 tolls were about 19 bucks
by Jan  2022 tolls are over 35 dollars

there is a toll war between NJ and NY and neither state honors ez pass discounts for the other state .

United States (yea right)
ChartBuddy
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October 20, 2022, 11:01:18 PM


Explanation
Gachapin
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October 20, 2022, 11:20:25 PM



Wishful thinking bro.

I would be happy if we get over 500 million

3.5x in 10 years ??   damn... you have a depressive view.


but in your defense, I'm also skeptical if "people" will get the importance of BTC within the next 10 years

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October 20, 2022, 11:27:24 PM



I want to be him… or her whatever…

lold
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October 21, 2022, 12:01:21 AM


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philipma1957
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October 21, 2022, 12:37:35 AM



Wishful thinking bro.

I would be happy if we get over 500 million

3.5x in 10 years ??   damn... you have a depressive view.


but in your defense, I'm also skeptical if "people" will get the importance of BTC within the next 10 years



I think to the big money people keeping BTC around just so they can pump it and then dump it is why they like it and allow it to be around.
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October 21, 2022, 12:57:44 AM



Wishful thinking bro.

I would be happy if we get over 500 million

3.5x in 10 years ??   damn... you have a depressive view.


but in your defense, I'm also skeptical if "people" will get the importance of BTC within the next 10 years



I think to the big money people keeping BTC around just so they can pump it and then dump it is why they like it and allow it to be around.

I think volatility to them is more about stacking right now. I believe the big Wall Street investment houses want Bitcoin to succeed because it’s more management fees for their companies. Considering how things are valued in multiples, that free income for holding BTC for their clients adding to their bottom line will be sweet for their valuations, and this has already started happening, so they’re salivating at the possibilities. Anyone who can hang onto some BTC once their accumulation and offerings are complete will most certainly be rewarded.
ChartBuddy
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October 21, 2022, 01:01:17 AM


Explanation
Gachapin
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October 21, 2022, 01:12:41 AM



Wishful thinking bro.

I would be happy if we get over 500 million

3.5x in 10 years ??   damn... you have a depressive view.


but in your defense, I'm also skeptical if "people" will get the importance of BTC within the next 10 years



I think to the big money people keeping BTC around just so they can pump it and then dump it is why they like it and allow it to be around.

I think volatility to them is more about stacking right now. I believe the big Wall Street investment houses want Bitcoin to succeed because it’s more management fees for their companies. Considering how things are valued in multiples, that free income for holding BTC for their clients adding to their bottom line will be sweet for their valuations, and this has already started happening, so they’re salivating at the possibilities. Anyone who can hang onto some BTC once their accumulation and offerings are complete will most certainly be rewarded.

clients need to see number go up in order to hold, so crashing BTC actually can't be in the interest of WS, if what you say is true
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October 21, 2022, 01:56:34 AM

I feel like this is going to be a red weekend/few days.

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October 21, 2022, 02:01:17 AM


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Gachapin
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October 21, 2022, 02:41:15 AM

I feel like this is going to be a red weekend/few days.



the whole year has been absolute shite...   2018 but without the bounces
philipma1957
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October 21, 2022, 02:45:51 AM

I feel like this is going to be a red weekend/few days.



the whole year has been absolute shite...   2018 but without the bounces

hoping to see the dump closer to oct 30 vs oct 23

I got three separate offers to repair my dead gear this week = bear 🐻
I got multiple “good” price offers on btc gear ⚙️ this week.
And a lot of players in the wholesale gear reseller business are offering nice numbers for smaller big deals.
ie MOQ of 1-5 vs big Moq like 100 or more.

putin and mr vb have very effectively closed off a lot of miners and mining profits.

things look very very very bleak.

tomorrow’s search on bing will be “ did putin really die from a heart attack or was he poisoned”

and “ did mr vb jump to his death last night or was he pushed.
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October 21, 2022, 03:01:22 AM


Explanation
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