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

[vapourminer]

looks like @elwar had a bad day

$1.5 Million Floating Home Prototype Sinks Into The Water Just As It’s Unveiled.

Three floors, a landing pad for drones, a bunch of electronics - all this is in the houseboat. At first, everyone admired the unique idea, but as soon as the house left the pier, it immediately bent over and went to the bottom.

The SeaPod, builty by Panama-based technology company Ocean Builders, is meant to be a self-sustaining, eco-restorative home that floats above the waves.

source:
https://www.reddit.com/r/ThatLookedExpensive/comments/xwxlk8/15_million_floating_home_prototype_sinks_into_the/

Looks to me like it probably bottomed out and tipped as it needs to sink a bit as its weighed down to keep its stability.

Not designed to balance on its bottom.

i saw a reddit comment that said the pod has an active ballast system or something with pumps and they continually balance the system to keep it level. apparently one pump failed somehow.

Hmm, if true not building redundancy into a critical system like that is poor engineering on its surface.

yeah if indeed thats true that what seems crazy. if 2 pumps minimum to stay floating safely? i would have at least 3x that.. hot spares plus replacements.

its a prototype but still..

[1675657137]

1675657137

[1675657137]

1675657137

[reagansimms]

I would say, Bitcoin always falls upward.


In 2011, Bitcoin fell below $20


In 2015, bitcoin fell below $200


In 2017, bitcoin fell below $2,000


In 2022, bitcoin fell below $20,000

image source: https://twitter.com/DocumentingBTC/status/1578027846395535360
https://bitcointalk.org/index.php?topic=27348.msg344344#msg344344

[ChartBuddy]

Explanation

[In the silence]

Explanation

that's $-400 in 1-hour buddy.

[ImThour]

I am so excited for the next bull run and I am checking price every hour waiting for the day when I become a bitcoin millionaire.
I called $22k, we went $17k. I am now calling $180k for next peak, I hope Bitcoin CEO provides me with much more than that.
Also If I die before that day, let my family know I was part of this awesome journey.

[ImThour]

1D Timeframe Trendline:

Bitcoin already made a breakout and now retesting the resistance and converting it to support.
I am bullish so should you. 


7th Oct, 2022 Update


Closer Look

[ChartBuddy]

Explanation

[BobLawblaw]

Have a great weekend, folks.

[Cryptolove20015]

Fiat💵 is designed to lose value over time, punishing savers.
Bitcoin offers an alternative savings technology, free of debasement.

[Gyrsur]

   Bitstamp     19649 USD   

   Bitstamp     20135 EUR   

IMHO we should also observe the EUR price of BTCitcoin too. because the EUR price is still above 20k.

opinions?

[Cratoon]

I am so excited for the next bull run and I am checking price every hour waiting for the day when I become a bitcoin millionaire.
I called $22k, we went $17k. I am now calling $180k for next peak, I hope Bitcoin CEO provides me with much more than that.
Also If I die before that day, let my family know I was part of this awesome journey.

I thought the account was compromised. But, My guts saying this guy started sarcasm lately.
So, You can expect that. LOL. Take a long sleep and come back again. LOL
The Bitcoin Lightning Network has surpassed 5,000 BTC in public capacity.

Source: Mempool
I guess there was another thread for the lightning network. I can't find it anymore.

[goldkingcoiner]

I am so excited for the next bull run and I am checking price every hour waiting for the day when I become a bitcoin millionaire.
I called $22k, we went $17k. I am now calling $180k for next peak, I hope Bitcoin CEO provides me with much more than that.
Also If I die before that day, let my family know I was part of this awesome journey.

Thats a bit dark. I'll tell them you posted schizophrenic drawings on a magic money internet forum

[jojo69]

[jojo69]

To Rehabilitation Creditors,
 
Rehabilitation creditors should read this email carefully, as it contains essential information regarding repayment procedures under the Rehabilitation Plan.
 
1. Launch of Function for Selection and Registration
Regarding repayment under the Rehabilitation Plan (“Repayment”), the Rehabilitation Trustee has launched a function for rehabilitation creditors to select a repayment method and to register payee information (“Selection and Registration”) on the MTGOX Online Rehabilitation Claim Filing System (i.e., the system accessible via https://claims.mtgox.com/; “System”).
 
The deadline for Selection and Registration is January 10, 2023 (Japan time); any rehabilitation creditor who wishes to receive Repayment must complete Selection and Registration on the System by such deadline.

[JayJuanGee]

STFU JJG its Thursday

Thanks for remembering.  

It's one of my favorite days of the week.  

I am so excited for the next bull run and I am checking price every hour waiting for the day when I become a bitcoin millionaire.
I called $22k, we went $17k. I am now calling $180k for next peak, I hope Bitcoin CEO provides me with much more than that.
Also If I die before that day, let my family know I was part of this awesome journey. [~as edited~**]

We (Royal) will let them know that you were a self-aggrandizing soothsayer wannabe.

**Note.  Presumptively, I removed the bold from your original post, since it did not add any value.. and easier to read the "importance" of your substance, if any, without it.

[ChartBuddy]

Explanation

[Greyhats]

Hey all just wanted give everyone an update on my DCA for 2022. I have been flip flopping between two strategies through the year:

DCA - buy btc on fixed date and frequency
Ladder + DCA - ladder order down 5-10% from DCA buy price. Using lump for ladder down or sometimes if the dca amount was good peeling off for ladder orders.

I met my 2022 goal just shy of 3 months early,  and was able to capture close to the ATL. Happy with the avg price.

With having some data now I have been preparing for next uppity and next downity. I feel even with my conservative uppity numbers, and an assumption of 80% of the next downity, there is still a great return comparing to current average price I have with no need to sell. I can comfortably continue DCA even with market going up. If uppity goes to medium conservative price it’s a bonanza, and likewise for not conservative(which may be the next next cycle conservative)

The bit that I’m most worried about will I have bravery to dca during and into next bull and  out the other side. Time will tell :-) thanks all WO posters for your opinions, help, and plain simple hilarity.

[BitcoinBunny]

What a cutie.

[HI-TEC99]

......

It's a pity, those pods look pretty snazzy.
.....

....Futuristic pod homes (pictured in the above rendering)...

Yeah ooookay... then the real deal is a link showing one (priced at $1.5 million?!...seriously?) going cattywampus on launch.
Doesnt look quite as fancy as those cgi images floating in perfectly calm blue waters. I get a kick out of the land ones too.
(because "they are considering building them on land too")
Poking up above the beautiful canopy of trees in the rainforest sitting on a large pole with an elevator or something.

Seems legit...

(sorry to piss on the parade, but that's just me bros... reality check etc...)

Well this one is real anyway....

I agree that there's sometimes a huge difference between an architect's vision vs reality.

These probably looked completely different as cgi images.

[fr4nkthetank]

20M$, 100-110, no !  570M$ of binance shitcoin created out of nothing
Also that Quebec pension fund investment thing is gross incompetence.  The fact they are saying due diligence doesnt guarantee success is just them trying to protect their own jobs because if the public knew how much of a shitshow the whole investment was (there was no due diligence done btw) they would be pissed as heck.

I can explain the whole Celcius business model in less than 5 minutes to anyone that doesnt know anything about crypto.  Its not a business model you want to invest in, unless
1-You plan to fuck everyone and sell before it falls apart
2-You are dumb as a rock and so is higher management and all the risk desk and all the investment teams, demonstrating criminal and gross incompetence that violate their personal fiduciary duties
OR
3-You invest because the people running the show (who have criminal backgrounds and have done scams in the past) give you A FAT BRIBE no one will ever know about.

I feel option 3 is the least bad one.

If anyone wants to have fun going through 15000 pages of transactions and user balances go for it : https://ia601401.us.archive.org/28/items/celsius/celsius.pdf
All the insiders sold and made bank