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

[bitcoinPsycho]

Flatmetalearthers

[1713981474]

1713981474

[1713981474]

1713981474

[1713981474]

1713981474

[1713981474]

1713981474

[JSRAW]

^
"If stupidity was a sin then Flatmetalearthers would take up 90% of hell" - SATAN

[GratisBitcoin]

this is gentlemen.

Yes, I think it might very well be.

[HairyMaclairy]

Those were the only criteria used to identify “Craig’s addresses”....

https://twitter.com/katieananina/status/1158396141014343681?s=21

[drwhobox]

Bitcoin is sailing for $15k soon. Good days are due.

It’s been a long time returning. Can’t wait for that!

We are going there. Now $12,210

[Majormax]

I am more interested in the price zone between $15k and $17.5k.   Let's see how that zone does?  We need an observational study of that zone.

Hate to (partially) disagree, but I think that zone wont last long on the first (sorry, actually second) visit.  As I said before, the resistance at 14k is so strong that price will either stay below for months, or break out and make a quick run for the ATH.

However, it is after the 20k is challenged that any support in the 14k to 20k zone could be formed.

I do admit that the technicals can be outweighed by events, especially in times of economic turmoil, but they will always have their effect. It's rather like statistics, there can always be another adjustment for factors which were not apparent in the original data.

[fillippone]

News form the Fiat ShitCoins:

Fed to develop real-time payments system for launch in 2023 or 2024

The new service, dubbed FedNow, would compete with a private real-time payments system established by a group of large banks in 2017.

In a statement, the U.S. central bank said it was seeking public comment on the project, saying near-instantaneous transfer of funds 24 hours a day could yield economic benefits for individuals and businesses. Randal Quarles, the Fed’s vice chair for supervision, voted against the decision.

This is caused by bitcoin.
Competition pushed every market participant to put all her best effort in improving their product.
a true Hayekian dream: private actors challenge States in the money business, ultimately benefiting citizen.

Today, when I can (potentially) send GB to the other side of the world in a matter of minutes so everyone can appreciate how cute my puppy is,while  I cannot transfer a few kb to move my wealth on the same extent.
I can do only in business hours NY.
I have to pay huge commissions.

GB of data of meme of useless value vs a few kb (a row on a database) worth my life savings.

So, bitcoin put competitive pressure on traditional bank to improve their products.

Conclusion:
If anyone is worried how traditional finance/governments can "kill bitcoin" is not trough laws and prohibitions, but instead they can improve their product (FIAT money) so much that anyone needs to use bitcoin in the first place.

I guess it won't happen.

[realr0ach]

This is caused by bitcoin.
Competition pushed every market participant to put all her best effort in improving their product.
a true Hayekian dream: private actors challenge States in the money business, ultimately benefiting citizen.

while  I cannot transfer a few kb to move my wealth on the same extent.
I can do only in business hours NY.
I have to pay huge commissions.

Fake news.  As "money" is required to be a non-perishable, physical commodity, you cannot send "money" over a telephone line.  All you can send over a telephone line are IOUs or Keynesian currencies - imaginary widgets that are nothing more than scams based on artificial scarcity. 

That is the Plato school of economics (the father of Keynesianism?), who wanted money to be an imaginary widget created out of thin air, but his only motivation for espousing that view was for the state to have full control of it; he was a statist.  If you're not a statist or are against state control of money - the Aristotle view - then there is never a reason you would be using an imaginary widget for anything and you would be using Aristotle's definition of money which is required to be a real world, non-perishable, physical commodity.

[somac.]

I guess it won't happen.

No it won't happen. Because, the allure of Bitcoin is not in its potential for easy transactions, but, rather it's ability to protect your wealth from the tyrants in the many governments and central banks of the world. Bitcoin will protect you from capital controls, frozen accounts, inflation, and more. Fiat, regardless of its transaction speed, can not protect you from these criminals since it is these criminals that control fiat.

Edit: I should also add that the only thing that could possibly mute Bitcoin, is honest governments, zero corruption, responsible banks, 100% transparency, and institutions such as the Fed looking after the people (labour) rather then the rich (capital). In other words, never going to happen.

[LFC_Bitcoin]

1BTC = $12,258 = £10,044

We have a £10,000 BTC again gentlemen

But of course as always 1BTC = 1BTC

[HairyMaclairy]

Observing $12,305 $12,320

[El duderino_]

Buying bitcoins in a few years...


https://twitter.com/RedditBTC/status/1158354120706838528?s=20

Haha, love that!

Us looking at our cold storage stash in 2022.

Btw, this is a reason why we BTC

FFS

Is that Vod, by the way

hahahahahaha


Surely would be funny to lure (or troll) Vod into this thread and to test his level of bitcoin dedication.   I cannot recall him ever posting in this thread.  Hm?

Vod is very, very wealthy from bitcoin. I’d say only possibly Bob or another person (who I won’t name as he may not want me to) are on a similar monetary level as Vod.

Ok.  without necessarily getting stuck on Vod, exactly, maybe we could concede that a decent amount of bitcoin equals very very wealthy.... and perhaps in the 2015 time frame there were some folks who were in the multiple of thousands of bitcoin that were considered to be very very wealthy from bitcoin, so maybe more recently we have considered in the about supra 500 BTC to be in the very very wealthy category.

Seems like in the near future we will be able to widdle that down a bit to the supra 200BTC and the supra 100BTC, which maybe we have to get into the $30k to $50k arena before those levels of BTC stash are going to start to be considered very very wealthy from BTC.
Maybe once we get above $100k, assuming that we do, then it will be reasonable to start to categorize upper double digit BTCers as very very wealthy from BTC...

Just a matter of time... just a matter of time, and more and more HODLers going to be considered very very wealthy from BTC.

Many of us have probably heard the speculation that we are in the midst of witnessing the early stages of one of the greatest transfers of wealth in modern history.. and the category of transfer is from no coiners who had had traditional wealth to coiners who had not had traditional wealth.  There are going to  be some coiners with traditional wealth who are able to hang onto their wealth and to increase their wealth, too.... but I suspect that many of us kind of understand the principle, even though we have some reservations regarding whether it will actually occur, how much it will occur and how long it will take to occur. 

Coiners rejoice.

Yeah there are certainly going to be degrees of coiners, just like there are some really BIG coiner players who have in the 5digit quantities of coins who had really reached a decent stride in wealth during the 2013 price rises.  Surely the newer newly rich have been reached in the 4 digits and kind of already reached into the upper 3 digits.  Little by little reaching into the lower 3 digits, and we are hoping to reach into the 2 digits. 

Nonetheless, any level of bitcoin  should be putting folks ahead, even if they are not exactly in the very very wealthy from their bitcoin, yet.. and even if they are not going to be able to achieve some of the higher levels, they should just be attempting to achieve whatever level is reachable by them, even if it is only single digits and even if there are some struggles to reach 1 bitcoin.. .   

Also the very wealthy status is very different from people to people, some see X-amount as pretty wealthy others need ten times more ... I don't know for other people, but for myself being wealthy means not stopping with working, but being able to work/preform to do what you wanna do, for example if i'm a big dog lover and i'm able to buy a big piece of land in a country that I wish to live in and live there with taking care of those animals without the need to worry about any financial stuff thats being wealthy, as for elwar being busy with seasteading without to worry thats being wealthy, if I would like to live as a perma vacation guy and living on the beach with a cocktail bar renting out jetski's or whatever .... or 1000 of different thing as long there are no financial struggles thats being wealthy imo

Another category is being filthy rich, in here you are wealthy and able to just keep buying whatever gadget you want without any financial struggle, fly where ever you like, invest in every people you like, sleep at the only most expensive places etc

But not everyone is seeking for the same wealth/happiness as others .... People are very different in there seeking for wealth, as I know many almost everyone dreaming of the filthy rich status, but when they reached it then it will not always satisfy there true needs and there life become pointless very easy....

People always will need some kind of purpose cause being filthy reach and the life of only party will get boring AF to.... especially when a 20-30 rich AF dude blows his life away partying to then become 50-60-70 years old and look back to his pointless life with probably non female to truly love him.... Many die old and alone bitter and without any true happiness, so keep having goals in life not only the goal of reaching money wealth but do something with the gained wealth that will satisfy your life on daily base

[El duderino_]

Observing $12,305 $12,320

Observing your post

[El duderino_]

Max Keiser might be right about $15k before the end of the week, only "resistance" left is at $13,200 and $13,800, after that we are going to $15k and probably $16k.

Then the main WO-brother and comrade XhomerX better got his ATH-HAT ready

[El duderino_]

Most people are woefully uneducated about Bitcoin.

It appears that everyone who can explain it is extremely bullish.
https://twitter.com/bitcoindeezy/status/1158053269874196480?s=20



@r0ach, educate yourself, fight the inner bitterness, jump on the train, forget your Nazi sh*t thinking, forget trolling the WO, become a brother its not yet to late

[El duderino_]

[El duderino_]

Send this to your fren


https://twitter.com/iam516tv/status/1158504726348148736?s=20

I have been suggested to send this to some friends..... r0ach you one of my buds right? Homie?

[El duderino_]

600k+ $BTC by Sept 2021 if we copy the 2015-2017 price action 😎🚀

#Bitcoin2019 #bitcoin


https://twitter.com/Crypto_Tone1/status/1158361271022030848?s=20

When people getting overly Bullish and talking my language

[LFC_Bitcoin]

600k+ $BTC by Sept 2021 if we copy the 2015-2017 price action 😎🚀

#Bitcoin2019 #bitcoin


https://twitter.com/Crypto_Tone1/status/1158361271022030848?s=20

When people getting overly Bullish and talking my language

Lol fuck off mic!
That is seriously overly bullish although just imagine  

Edit - Whoever pulled the flush again - You are dead to me 

[mindrust]

Fuck.

Right after I bought $100 worth of btc from $12300 it started to go down.

Observing $11680.

$1000 incoming.