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

[Elwar]

<snip>

What's up!
Good to see you brother. Hope everything is going well?

Alive and well (except this extremely low bitcoin price).

[1714756576]

1714756576

[BitcoinGirl.Club]

Good to hear.
Yeah it sucks but good days are ahead of course. Keep hustling brother.

[Elwar]

I do believe we need to conquer the ocean before we can move to space. Otherwise we need to wait for governments and NIMBYs to "allow" us to go to space.

The point of our initial seastead was to create a support community for a space launch facility in the open ocean. The aerospace engineer putting it all together and funding it (with his Vladmir Club level bitcoins) is planning on building a launch loop about 60km wide. From there he can launch things into space repeatedly minutes or seconds apart. The seastead I lived in was not built to be a home, rather an observation tower.

He is determined to move forward on this and build a prototype 300m diameter loop in the next year or so as a proof of concept.

Also, going to Mars seems to be a government supported thing. Why go through all of the hassle to get to space...only to get stuck on another rock?

[dragonvslinux]

I don't know why, but I now feel the urge to post another one:



Source: Bitcoin’s natural long-term power-law corridor of growth

This is a nice chart, it does give me the impression we haven't spend long enough in the green band, given half the time is spent there.
It looks like we could resemble a 2012 style correction, whereby we break out of the support band but are rejected and return to support.
Either way. long-term accumulation is coming in my opinion.

[Last of the V8s]

The "Vladimir Club"

[realr0ach]

We still have a lot of oceans to be our ever expanding frontier. We don't need to go to space for a long time yet.

A frontier in this context implies some sort of self-sustained homesteading environment.  You're not practicing libertardianism by living in a seastead since 90%+ of the resources humans use come from land.  Seasteading is not a new frontier, it's essentially parasitizing on the existing frontier.  A new frontier implies new resources.

[LUCKMCFLY]

Curious and interesting facts:

Countries with little financial freedom have great adoption of Bitcoin.

Countries with high inflation:




The data thrown are 317 BTC per 100,000 inhabitants.

Russia of seconds with 272 BTC per 100,000.



The values ​​of Venezuela and Russia are unusual today, while countries with greater economic freedom are increasingly joining Bitcoin  market.



Countries with more Internet penetration exhibit high volumes relative to population and GDP per capita



Source:https://cryptoslate.com/data-bitcoin-interest-high-places-low-economic-freedom/

Bitcoin's deflationary economy, has done much more than the traditional economy, provides more opportunities for people around the world, criticized the way the policy imposed by the US. UU. And the EU to impose sanctions on some countries, Bittrex and CEX.IO banned some countries with Crypto potential that offer market demand. Regulations should not exist in Crypto.

[BitcoinGirl.Club]

<snip>

I got your point now what to do with this culture we built in the community of lending in the moon with bitcoin? 🤪

<snip>

Man I ran out of sMerits. Can someone sent his guy some merit for me please?

Thanks

[realr0ach]

I got your point now what to do with this culture we built

Culture?  Is that what they call pump and dump scammers now.

[jojo69]

Man I ran out of sMerits. Can someone sent his guy some merit for me please?

Thanks

got you fam

[El duderino_]

https://i.imgflip.com/3dux5k.jpg
https://twitter.com/redditbtc/status/1186010667024863248?s=21
Tha lil Sunday pumps...
2 0 6 to halvening!!!
Plan B hopium.

I want to believe, but will refuse to believe until I see the money.

HOLDing firm until at least $15k (thanks to you guys, again, for bearing my first-world-problem waffling previously) before I start to think about things and stuff.

via Imgflip Meme Generator

[infofront]

I liked Jeff Berwick too, until he got too close to Roger Ver and became an all-out bcasher.

I'm not sure how he hasn't figured out anarchy isn't a real 'thing', although Elwar hasn't either.  If you advocate for the complete abolition of government, all you get is some Liberian cannibal warlord strongman stepping in and taking over, then you have another new government you didn't want that's even worse than the one before.  Anarchy is nothing but an extremely brief, transitory state.  People don't adopt it due to the saying "the devil you know is better than the one you don't."

As for libertardianism, it's not really possible to practice libertardianism in a closed ecosystem, which is what the earth is.  You would need an ever expanding frontier to homestead on to do that.  Without an ever expanding frontier, you have a closed ecosystem, caged deathmatch where people constantly band together to avoid being exploited by the local psychopaths or the ones down the street, then you have government.  An ever expanding frontier does exist - it's called space, which may or may not be accessible by humans.  

Lying Jeff Berwick has been pitching Acapulco as an anarchist utopia for years. I guess it could be, in an ultra-realism kind of way, since it's 100% controlled by homicidal drug cartels.

https://www.wired.com/story/anarchy-bitcoin-and-murder-in-mexico/

[infofront]

Poll reset

[teosanru]

Poll reset

Don't know about the rest of the forum but 9 people surely look BTC in a very optimistic way thinking that it would reach 20k until 5 oct. They might be either the ones who bought at 19k and still waiting for that price or the Mcafee supporters. 

[UmerIdrees]

Don't know about the rest of the forum but 9 people surely look BTC in a very optimistic way thinking that it would reach 20k until 5 oct. They might be either the ones who bought at 19k and still waiting for that price or the Mcafee supporters. 

[Globb0]

A new frontier = new challenges

[criptix]

Look at the monthly and hope we are bottoming out until eoy around 7200 with maybe a wick in the 6ks.

Else we gonna visit 200 wma :S

[modpleasehelp]

A bitcoins make a strong head move from here to 10,000 US dollar by coming end of this October in the day of Halloween. Day of Halloween are important for BTC

[makrospex]

Day of Halloween are important for BTC

I don't believe you.

He's absolutely right.
cross total of halloween date is 5.
Read up on numerology.com:

The number 5 is the most dynamic and energetic of all the single-digit numbers. It is unpredictable, always in motion and constantly in need of change.

Conclusion: Business as usual.

[JayJuanGee]

I still think that we are still in a kind of late 2015 to early 2016 period... still waiting for the May 2016 breakout. 

We already had our October/November 2015 break out, and that was when we broke up to $13,880.  Of course, no two breakouts or chart patterns are going to look alike, but still Majormax, you should at least be attempting to compare the correct areas of the fractal.  AmiNOTrite?

Yes absolutely... Please show me which are the correct areas on that particular chart.

Unless I read your post incorrectly, I was only trying to suggest that your earlier comment seemed to have been suggesting that we are in an August 2017-like scenario currently.  So, I thought that was a wrong assumption.  Again, maybe I misunderstood your earlier post, but that was why I was trying to suggest that it seems that we are still in early 2016 - and I am not even trying to suggest where we go from here... except maybe up in the next few years ... without any real presumption about whether more correction might happen from where we are right now.