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

[xhomerx10]

~snip

"We" already have a song.

https://www.youtube.com/watch?v=A7TuFy0fcuw

just saying.

 They say people who live in glass houses shouldn't throw stones so firstly, I promise not to subject any of you to my attempts at the vocal arts and secondly,
 


 

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[goldkingcoiner]

"We" already have a song.

https://www.youtube.com/watch?v=A7TuFy0fcuw

just saying.

I forgot about that masterpiece

[fillippone]

I don't know; I mean  I agree with the theme song idea but I've always thought it should be more like this:
https://youtu.be/g40WCBaUXR4
Or maybe
https://youtu.be/v8oqbWrP1QY

"We" already have a song.

https://www.youtube.com/watch?v=A7TuFy0fcuw

just saying.

Honestly didn't realise how far back proudhon went regarding being a bear on Bitcoin, but think I realise now!



Source: https://bitcointalk.org/index.php?topic=49389.msg588258#msg588258

Also another gem. Ironically price didn't reach $5 by 2011, only $4.90, but another ATH arrived by 2013:

I'm confident we won't go above $5 for the rest of 2011 and I'm even more sure the price will never reach the all time high again.

Had actually taken all the bearish predictions in the past year or so half seriously. Now I realise why it's more a parody than anything else.

Am wondering if it's just the story of an early miner who sold all their coins and has forever been in regret?

Wow, this is gold.
I know Proudhon was trolling all of us with his bearish predictions! But this actually go beyond my wildest imagination!

Anyway, the only post is relevant of me mad by him is the following:

<...>

Target price: 170,000 USD

Not bad.
Bullish.
My body is ready.

Money is going to leave the bitcoin ecosystem over the next 12 months (and forever after on average). Bitcoin will never reach that price. If it does, I'll buy $10k worth and give it to you.

[Lainta]

JUST IN: CNBC has reportedly delisted the Credit Default Swap data for 5 banks including JP Morgan and Bank of America 👀😮



https://twitter.com/BitcoinNewsCom/status/1640083816256614402?t=KhUNhtNYGXEtJ--lJzlHug&s=19

[ChartBuddy]

Explanation

[LFC_Bitcoin]

Target price: 170,000 USD

Not bad.
Bullish.
My body is ready.

Mid to late 2025, no doubt about it.

proudhon better pay up.

[Gachapin]

Target price: 170,000 USD

Not bad.
Bullish.
My body is ready.

Mid to late 2025, no doubt about it.

proudhon better pay up.

he probably still holds enough so that 10k is peanuts for him ... and it would for many WOers, when we reach 170k

(10k would be under 0.06BTC)

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[Toxic2040]

the Sunday evening wall report

dyor

decent close out of the week...up a couple percent on the day
gazerbeams on the weekly
might be coiling....see what liquidity gets turned on as legacy wakes up

things feel bullish still and will be until they are not
ahead standard

D


W



stronghands

[ChartBuddy]

Explanation

[JayJuanGee]

When they think Bitcoin is Safe if all Banking fails.

It is already in Danger since a moderate a.i can just calculate any pkey 🤗

What's a pkey?

Is "pkey" short for something else?

I image that it somehow relates to dee cornz, otherwise why would you be mentioning it?

[edited out]

"We" already have a song.
https://www.youtube.com/watch?v=A7TuFy0fcuw
just saying.

gotta say JJG is right...

this one was too late, but it's a worthy contender:
https://www.youtube.com/watch?v=KTf5j9LDObk
singer reminds of a fat version of meth pusher Mr. V  ... especially the body movement

I have to give you credit for revealing that one.. (it was new to me), and I would say that it was a potential contender.. but the end..?  holy fucking shit.. a real buzz kill and there's an immediate need to kick that "bad boy" off the cliff once that shitcoin is brought up as if it is even in the ballpark of similar to bitcoin.... which we should already realize that affinity scams mislead folks whenever you paint them in a positive light.. next to king daddy.... that's a pretty serious infraction.

[edited out]

That one was a 2017-2018 meme.
I like this one better...the drums of victory (2021 meme):
https://www.youtube.com/watch?v=CAyWN9ba9J8

This seems like a good one.. but the extent to which it is bitcoin specific?  It seems that there may have been some other bitcoin specific versions.. at least throwing in more bitcoin memes into the video presentation, no?

[ChartBuddy]

Explanation

[aesma]

Honestly, i don't even get the legality of it.
Say, you are a stockholder at the Signature bank.
Your stock is at $70 at the end of trading day on Fri, was trading freely all day, no halts.
Suddenly, this bank is "seized" on Sunday and you read the following:
"Shareholders and certain unsecured debtholders will not be protected", which means that your stock in this bank is suddenly worth ZERO.
No other explanation given. Is there any legal scholars to comment?

At this point, who would hold any other bank stock, apart from top 4 (JPM, C, BAC and WFC)?

all this is bullish for bitcoin, though.

I think there can be legal actions to get more details but I don't really see the issue. The bank got bankrupt and in bankruptcy shareholders are screwed. If it was another kind of company that could continue doing business under bankruptcy protection, shares might hold some value, but apparently there is no bankruptcy protection for banks, which is understandable as we just saw that banks need trust, who is going to trust a bankrupt bank ?

no evidence that Signature was bankrupt and NO ONE even alleged that.

Are you a shareholder or are you upset a "crypto bank" went down ?

I don't know enough to be able to counter your point, but to me it seems clients were withdrawing funds at a rapid rate that the bank couldn't sustain (a bank run) and thus it would run out of cash in a matter of hours. Is that a bankruptcy ? I let you decide.

[ChartBuddy]

Explanation

[In the silence]

Anyone else think that Bitcoin needs a theme song?

This song gave me that idea : https://www.youtube.com/watch?v=0NML42xIQsI

GN everyone.

Here is my favorite song.
https://www.youtube.com/watch?v=GZ0YMSLZjfQ

[JayJuanGee]

"The market" doesnt want Bitcoin to stay over $28k now  ......

It will come in due course.

~snip
"We" already have a song.
https://www.youtube.com/watch?v=A7TuFy0fcuw
just saying.

They say people who live in glass houses shouldn't throw stones so firstly, I promise not to subject any of you to my attempts at the vocal arts and secondly,

Are you a hater of talent?  #askingforafriend

JUST IN: CNBC has reportedly delisted the Credit Default Swap data for 5 banks including JP Morgan and Bank of America 👀😮

https://twitter.com/BitcoinNewsCom/status/1640083816256614402?t=KhUNhtNYGXEtJ--lJzlHug&s=19

Yeah, but what does it mean?  

From time to time, we need some analysis so we can understand the significance of various potentially relevant substantive posts... We are supposed to try to figure it out ourselves?

Target price: 170,000 USD
Not bad.
Bullish.
My body is ready.

Mid to late 2025, no doubt about it.

proudhon better pay up.

he probably still holds enough so that 10k is peanuts for him ... and it would for many WOers, when we reach 170k

(10k would be under 0.06BTC)

Yep.

Even at current prices, 0.06 BTC can be hedged (bought) for about $1,650, so it surely seems doable to put that kind of BTC away.. as kind of an extra rainy day fund.

I would expect that proudhon has been keeping at least 0.06 BTC in cold-storage, and he might even have more than the amount that I admit to which is more than 10x more than that.. namely the 0.63 BTC amount that is likely going to be triple entry-level fuck you status in 12 years from now (3 cycles from now).. not guaranteed, but still seems like it could be.

Here is my favorite song.
https://www.youtube.com/watch?v=GZ0YMSLZjfQ

I like that one too.

[ChartBuddy]

Explanation

[Biodom]

Honestly, i don't even get the legality of it.
Say, you are a stockholder at the Signature bank.
Your stock is at $70 at the end of trading day on Fri, was trading freely all day, no halts.
Suddenly, this bank is "seized" on Sunday and you read the following:
"Shareholders and certain unsecured debtholders will not be protected", which means that your stock in this bank is suddenly worth ZERO.
No other explanation given. Is there any legal scholars to comment?

At this point, who would hold any other bank stock, apart from top 4 (JPM, C, BAC and WFC)?

all this is bullish for bitcoin, though.

I think there can be legal actions to get more details but I don't really see the issue. The bank got bankrupt and in bankruptcy shareholders are screwed. If it was another kind of company that could continue doing business under bankruptcy protection, shares might hold some value, but apparently there is no bankruptcy protection for banks, which is understandable as we just saw that banks need trust, who is going to trust a bankrupt bank ?

no evidence that Signature was bankrupt and NO ONE even alleged that.

Are you a shareholder or are you upset a "crypto bank" went down ?

I don't know enough to be able to counter your point, but to me it seems clients were withdrawing funds at a rapid rate that the bank couldn't sustain (a bank run) and thus it would run out of cash in a matter of hours. Is that a bankruptcy ? I let you decide.

you are talking about SVB, not Signature. There was very little 'run' at signature. The excuse was something else.
Not a shareholder, but seems like something strange.

[ChartBuddy]

Explanation