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

[Gachapin]

TWITTER

Dude...people here don't like when someone posts an unnecessary gigantic image.
How to deal: look at my quote of your image by simply replying to it...you will see that i added: width=300 (could be 300, 400 or 500) just after the word "img".
Most here would be grateful if you do it going forward.

Otherwise, nice post!

Thanks !

But I doubt these merit hunters even read replies to their posts (tried it several times).

They are probably just spray-shitting high quantities of standard posts around the forum in hope for merits.

[serveria.com]

BREAKING‼️ Binance auditor deletes the "Proof of Reserves" assessment from its website and pauses ALL work with crypto clients - including  CryptoCom and KuCoin - Coindesk 

 Source: https://twitter.com/BTC_Archive/status/1603709897467744257

Haha last time I checked Coindesk was their competitor? It's like "AMD CPUs suck! News presented by Intel."   This Binance FUD is stupid and is being used by bears to try to drag us further down. Not gonna happen IMO. 16xxx IS the bottom. Remember 3k last cycle and how we were revisiting it over and over again? Chill guys, only up from here. 

[ChartBuddy]

Explanation

[Mbitr]

  Sorry - this did make me laugh



https://twitter.com/btcliotta04/status/1603814375256911872?s=61&t=7z0aRT78y8cxYjK1VoLcmQ

[WatChe]

Sorry to hear about your troubles. Have you tried Fiverr? You can find freelance coding jobs there. They even have specialized areas for blockchain and related topics. I would also be careful about asking for donations. Last time I tried to help a fellow troubled WOer out, it became such a shitshow because of one annoying person who claimed I was "begging".

Hi mate,

I have already applied for many open positions on LinkedIn and Indeed.
Not really willing to search for jobs at Fiverr as it's time consuming and less earning.

About donation, I just quoted my whole post which I made here in Services: https://bitcointalk.org/index.php?topic=5429673
Not begging at all, just shared if someone is actually willing to support a fellow WOer.

Thanks!

Don't worry, dude, this too will pass. Just don't lose hope and keep trying.
You are legendary rank member, i suggest join some signature campaign here. It can easily give you 400$ per month.
Regarding fiverr or other freelancer platform, starting is a bit slow and payment is less for New profiles. But if you keep on working there and get good reviews then you can increase rates. Don't neglect freelancing platforms.

[eXPHorizon]

Beautiful Croatia defeats Morocco .
Love this beautiful nation ! Love Croatia ! GO VATRENI

[HI-TEC99]

TWITTER

Dude...people here don't like when someone posts an unnecessary gigantic image.
How to deal: look at my quote of your image by simply replying to it...you will see that i added: width=300 (could be 300, 400 or 500) just after the word "img".
Most here would be grateful if you do it going forward.

Otherwise, nice post!

Thanks !

But I doubt these merit hunters even read replies to their posts (tried it several times).

They are probably just spray-shitting high quantities of standard posts around the forum in hope for merits.

[ChartBuddy]

Explanation

[OgNasty]

Even with all the calamity in the marketplace, Bitcoin has held up extremely well.  It's more stable than most other things even when you look at a 90 day chart.  When you look at what's happened over that time, it's amazing to see things so flat.  There was the FTX drop but not the volatility you'd expect afterwards.  More clear signs that we have to be in the accumulation phase.  Now is the time to be filling your bags with BTC and setting those bags on ice for 2 years.  If the paper Bitcoin problem gets solved, we could be in for real fireworks this next time around.

[ivomm]

I don't know how, but BTCitcoin will survive this bear market. The question is how long it will last. I expected it to end around this time, but now I'm not so confident. Anyway, I just bought my monthly DCA corn.   Working in two different cities hendreds of miles away turns out to be very exciting experience for me. With almost double income than 1 year before, I can increase my stash even more than I thought. BTCitcoin changed me so much that I prefer to increase my stash rather than my fiat savings. My dream now is to increase by 50% my stash in this severe bear winter.

[BitcoinBunny]

I don't know how, but BTCitcoin will survive this bear market. The question is how long it will last. I expected it to end around this time, but now I'm not so confident. Anyway, I just bought my monthly DCA corn.   Working in two different cities hendreds of miles away turns out to be very exciting experience for me. With almost double income than 1 year before, I can increase my stash even more than I thought. BTCitcoin changed me so much that I prefer to increase my stash rather than my fiat savings. My dream now is to increase by 50% my stash in this severe bear winter.

I worry the real damage to the economy that is being done by raising interest rates so quickly is yet to happen and that will unfold in 2023 - 2024.

+ Increase in energy costs
+ Increase in taxes
+ Destroying the housing markets

Furthermore Putin apparently is going to go in big into Kiev in January or February. Ukraine are basically asking for all of NATO to help.
+ Serbia - Kosovo conflict is brewing again after Kosovo asked to join EU.

I just don't see BTC being a single safe heaven (even if it SHOULD be) whilst the rest of the economies collapse.

[ChartBuddy]

Explanation

[JayJuanGee]

Bitcoin started to grow from the beginning and the market rose up to 69k thousand dollars.  And the Bitcoin market is down at 16k, but the market is down (-65.32%) year-to-date.  180 days (-14.13%) and 90 days (-16.94%) and 30 days (+0.70%), and last 7 days (-2.84%) today market (-0.71) down  is complete.  Only once in 30 days did the prices increase slightly.

I never really thought about it like that.  You are really enlightening dee peeps in these here parts with such profoundening insights.

In other words, it sounds like we are fucked.

Spiraling BTC prices - headed to zero for sure.

 

so.. whats with buddy and its one dollar spreads lately.. is it getting lazy? stuck? does it need its vacuum tubes changed? do i need my vacuum tubes changed?

oh golly gee. thanks a lot buddy thats swell  

Oh golly gee.


Rome was not built in a day.

#justsaying  

Today I got a nice big unexpected check. (Figured it to come in Feb)

I am hoping buddy drops a bomb and I can buy a nice piece of corn.

Just pointing out that you are engaged in lowcoiner and no coiner talk.

Why does buddy need to drop in order for you to feel good about being able to buy more corns? whether at these prices or whatever happens to come, without having to wish/cheer for BTC prices to fall?

Haven't we had enough DOWNity in recent times?  such as the last 7 months?  of course, even worse downity in the past month.  Why do we need more down just so that you can pick up an additional 0.1BTC?

I did spring for 4x my DCA today.

ok... no problema with that, mostly.

But if we could do a nice tank I am now truly loaded for bear.

Fuck off with your repetitive cheering for down..  ain't nobody got time for dat.

Edit: PS.  By the way, about 3 weeks ago, I received a pretty decent amount of extra cashflow from a source that was not expected.. and I largely used that extra money to plug in some areas in which I had considered that I could buttress some of my buying on dips.. and then to move down my buying on dip orders.. I am not cheering for any of those extra orders to get filled.. and I would be quit content if they did not get filled.. but if they do, they do.  

I guess what I am largely attempting to say is that anyone who has been in bitcoin for a decently long period of time.. (perhaps 4 years or more) should already largely be established in bitcoin in such a way that they profit more from bitcoin prices going up rather than BTC prices going down.. especially at these kinds of (relatively speaking) historically low prices... and especially the longer that any of us has been in bitcoin, then it should be expected that we would be stack/biased towards UPpity.

[ChartBuddy]

Explanation

[JayJuanGee]

not exactly what you'd wanna hear from CZ...


"The only correct answer would have been, we don’t use customer funds and they are available for withdrawal."
https://twitter.com/nvk/status/1603519761111031809

It's a bit of a weird answer from CZ, but it could be a kind of purposeful reading the answer out of context.  

because CZ is correct when it comes to the possibility that Binance will not have to give back $2.1 billion due to clawbacks.

So surely one thing is if clients continue to withdraw money, then does Binance have such money. .then the answer to that should be that they do.

Now the answer to a clawback question would be that fuck that shit.. we are not giving any of it back, and the lawyers will figure out a way that we do not have to .. but if we were to have to give it back, then we would be able to handle it.. but at this point, we doubt that it is likely that we are going to have to give it back because of what it was and how it was structured.. so it is pure speculation that we would even have to give it back.

I think that there is just a confounding of information and CZ should not have to answer those kinds of legal strategy and speculation questions.. so in that sense, he said the right thing, but it just appears that CZ is being evasive because the questions of client funds and the questions of having to give back the money from the proceeds of a loan are different categories of kinds of money.

CZ seems smarter than that.. and there seems to be some out of context in the clip, and it appears as if CZ should understand what she is asking, but the reporter rolls her eyes because she seems to be wanting to create an impression that CZ is being unduly evasive when he largely gave the right answer but it could have seemed to have been answering a different question... it is not a difficult answer if talking about client funds (being SAFU).. pretty basic.. but when it comes to money that Binance had lent to FTX and then FTX was paying it back.. that is another category of kinds of funds in which Binance may well not have very high odds of having to pay that back... that's why lawyers working on those kinds of matters.    

[Unknown Op]

https://twitter.com/nocontextfooty/status/1604166150946181120?t=vLu3-vdLxp02FA6J_5BNZA&s=19

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[JayJuanGee]

BREAKING‼️ Binance auditor deletes the "Proof of Reserves" assessment from its website and pauses ALL work with crypto clients - including  CryptoCom and KuCoin - Coindesk 

 Source: https://twitter.com/BTC_Archive/status/1603709897467744257

Haha last time I checked Coindesk was their competitor? It's like "AMD CPUs suck! News presented by Intel."   This Binance FUD is stupid and is being used by bears to try to drag us further down. Not gonna happen IMO. 16xxx $15,479 IS the bottom. Remember 3k last cycle and how we were revisiting it over and over again? Chill guys, only up from here. 

FTFY... So far our bottom is $15,479 on 11/21/22 - and so yeah, you may well be correct that it is already difficult to get the bottom to go down further, even though there seems to be a lot of desperation in the air, trying to achieve such further bottom, yet for me it continues to be difficult to assign very high odds that the bottom is actually in, until we can get some distance from the current bottom... so therefore, I cannot even get beyond 50%.. because the assessment is that we are in a bear market, we continue to be in a bear market until we are not... .. yet we ONLY know that we are no longer in the bear market when the odds for down get lower than 50%.. so.. how to achieve that kind of a confirmation remains a 2.1 quadrillion satoshis kind of a question.

Don't listen to me.. I will believe it when I see it, and you are not going to find me to be brave enough to actually make a claim about the future shows bitcoin prices going up that is anything more than 49%.. until we can extract our lil selfies into greater distances away from the current local bottom...what is that price?  I don't know for sure becuae it seems to be a product of both price and time, so merely getting above the 200-week moving average (wich is currently at $24k would not even be enough for me.. even though getting above such 200-week moving average would likely inspire quite a bit of confidence... getting above the 100-week moving average would inspire even greater confidence, but that 100-week moving average is currently at $38k.. so that seems like asking way too much confirmation in order to feel like we are returning to UP and that the bottom is "in" for this cycle.

[ChartBuddy]

Explanation