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

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Hueristic]

Feeling nostalgic.

https://www.youtube.com/watch?v=VuuQAZvnm_w&t=465s

[OutOfMemory]

I will stick around a bit but I could possibly be a 2 coin mindrust If price goes low enough.

I have been offline for a week in Africa, and this was the first WO post i read after i came back home  
WTF happened here in just a week?!

astrophage

Most wouldn't know what it is  

from "Project Hail Mary" book soon to be a movie.

Yeah, i actually had to search the web for clues and info on the term.

[cAPSLOCK]

Hideki Sato, designer of nearly everything Sega has passed.

RIP Mr. Hideki

セガ!

NB given today is Sunday, perhaps a nice haiku would be in order.  My brain isn't working well enough.

Who cares about coins!?
We will collect shiny rings.
We've lost a bright light.

[Biodom]

I will stick around a bit but I could possibly be a 2 coin mindrust If price goes low enough.

I have been offline for a week in Africa, and this was the first WO post i read after i came back home  
WTF happened here in just a week?!

astrophage

Most wouldn't know what it is  

from "Project Hail Mary" book soon to be a movie.

Yeah, i actually had to search the web for clues and info on the term.

...it was all revealed in small letters 

[OutOfMemory]

Hideki Sato, designer of nearly everything Sega has passed.

RIP Mr. Hideki

セガ!

NB given today is Sunday, perhaps a nice haiku would be in order.  My brain isn't working well enough.

/hold my beer*

Mister Hideki
on the sunday of haikus
this one is for you

What built sega's stuff
Not tech, not cash, not AI
Your inspiration

Everything will die
Everything but legacy
Here's to hall of fame

#HaIKu

*actually coffee

Yeah, i actually had to search the web for clues and info on the term.

...it was all revealed in small letters  

After i was done searching, though    
but thanks, anyway!

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Biodom]

Here is something interesting:
All digital currency space is doing 10 tril/mo transactions in January(D. Tapiero interview), so, say, $100 tril in year now (33-46 tril last year).
That's tremendous, but it seems that "we" are doing it with just 2 tril in value (and only 250 bil in stables, currently).
AI review says that btc had about 500K tx/day in 2026 with $30.6 average size.
This tells me that there is a tremendous velocity in that capital and bitcoin's portion is about 0.5 bil/mo (or 0.005% in value of tx).
This seems to be very low (i wonder if they are able to count Lightning tx) and if true, points out that bitcoin is mostly not used for tx, but for capital storage.
I further conclude that most tx are probably done with stablecoins (maybe exchanging stablecoins to fiat or vice versa?).

Question arises: if volumes keep increasing dramatically (like 2-3X since last year), but prices are declining across the board, what this tells us, exactly?
I have no clear answer, but it seems that there is a possibility that activity does not immediately translate to the digital tokens (including bitcoin) value.
Transaction value=(value of the token)X(number of tx per unit of time)
If the number of tx per unit of time increases dramatically, then the value of the token does not have to increase (or could even decrease) to maintain or even increase the tx value.

Conclusion: increasing tx won't help us as much as was believed at some point.
Not going down every single time the rest of the market has a hiccup would help, though.

[Hueristic]

I will stick around a bit but I could possibly be a 2 coin mindrust If price goes low enough.

I have been offline for a week in Africa, and this was the first WO post i read after i came back home  
WTF happened here in just a week?!

astrophage

Most wouldn't know what it is  

from "Project Hail Mary" book soon to be a movie.

Yeah, i actually had to search the web for clues and info on the term.

Explain to my stupid friend.


Added: You guys all jinxed me, working on your dishwashers, mine doesn't drain today.

Shit can hear it try so figured a clog but can't seen to find access to the line under it.

Did I ever mention to NEVER BUY A FUCKING SAMSUNG appliance!

Edit: shit cant get to the drain hose from underneath, need to uninstall the whole fucking thing!