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

[JayJuanGee]

So, even if any of us ends up panicking.....  which could happen.. not saying that it could not...  We should panic incrementally.. rather than fully.    

 

so we should start practicing screaming like little girls?

oh shit.... your elaboration causes me to doubt proper attributes ....

since many of us realize that Searing has "screaming like a little girl" trademarked.  

I'm turning you in vapourminer.  

Sorry you had to go Joe007 ! That 6800$ Bitcoin short was painful but I'm sure your still in the money...
Enjoy the ride playa  
https://cointelegraph.com/news/new-bull-market-signal-bitcoin-bearwhale-vanishes-as-btc-hits-10k

Hahahahaha

That's what you get when you try to play too BIG with kingdaddy... especially betting against it.

Good riddance... another bear reckt.. I am sure there will be quite a few more of them coming into the space, believing that they are smarter than everyone else, using traditional tools including ones that might be engaging in fractional reserves, just like there were a lot of the betting against bitcoin bears reckt in 2016 and 2017 - they had fewer tools back then, but doesn't mean that they are not going to get reckt when they try to tame the beast with their fancy new purported "bitcoin-taming" tools and bet the wrong way... the potential players are likely BIGGER... so they have to play with BIGGER amounts when they are "taming the beast" and getting reckt moar bigger.

I don't think the bear whale was rekt...after all he/she made 60 mil and only lost 20 mil.
Anyway... joey is among us imho on wall observer and has the liquidity!
Cheers homies 😎

Oh my!!!!!!!

Joey is among us.  Hopefully, s/he is not providing us with bad info.

[1715063471]

1715063471

[Wekkel]

I foresee more effect of the absolute shit show that is current monetary policies. All over the world and with no end in sight. Where in 2008 only the fringes hauled the alarm (Zero hedge, doom preppers and so), the push back and alarm is coming from a much wider audience now.

A lot has happened.

An entire generation was brought up with a far better knowledge of our monetary system (and fully aware of its faults).

I can’t think of a better bullish argument that this.

And wil it definitely go worse with monetary policy. It will go full bananas  

This will be E.P.I.C.  

[El duderino_]

Smells continuously at 10K when passing by 

[jojo69]

full bananas

[Elwar]

It is my well thought out theory (like 30 seconds of thought) that John McCaffee is responsible for COVID-19 and the hype behind it to collapse the economy. He pushed for the printing of trillions of dollars by the Fed and the overall destruction of the dollar.

Yes, you guessed it.

So we will reach $1 million bitcoin price by the end of 2020 (Even though $1 million won't buy you much).

All so he doesn't have to eat his own dick.

You saw it here first.

Proof in the form of a video with mysterious music and ominous graphics coming soon.

[Icygreen]

What's that Bitcoin? EIGHT weekly green candles and a 10K launch pad. You have my attention, Sir

[Biodom]

^ if he controls an AI...

After reading "Moon is a harsh mistress", nothing of this nature would surprise me, really.

At some point someone will "hook up" with AI-I give it at least a 50:50 chance.
Watch E. Musk second interview with J. Rogan-lot's of "goodies" there, albeit it is 2hr long, filled with lots of Joe saying "wow" and giggling in admiration.

[vapourminer]

^ if he controls an AI...

After reading "Moon is a harsh mistress", nothing of this nature would surprise me, really.

At some point someone will "hook up" with AI-I give it at least a 50:50 chance.
Watch E. Musk second interview with J. Rogan-lot's of "goodies" there, albeit it is 2hr long, filled with lots of Joe saying "wow" and giggling in admiration.

mike/michelle approves

[vapourminer]

So, even if any of us ends up panicking.....  which could happen.. not saying that it could not...  We should panic incrementally.. rather than fully.    

 

so we should start practicing screaming like little girls?

oh shit.... your elaboration causes me to doubt proper attributes ....

since many of us realize that Searing has "screaming like a little girl" trademarked.  

I'm turning you in vapourminer.  

crap. caught plagiarizing already. ill never be a csw level faker at this rate.

apologies to brad

[HairyMaclairy]

This is a food distribution center (bread line) in Las Vegas.



I have to note that every single car there is much nicer and newer than anything I own.

Hm.

A possible interpretation is that people who have otherwise led comfortable middle class lives their entire life are suddenly on the bread line through no fault of their own.

[serveria.com]

It has an effect, but not immediately. That’s what the past is telling me.

I would consider ~10mn/day from the get go being immediate enough. But that's just me

Past halvings were not as affected due to much lower btc prices. A days worth of mining supply was worth peanuts.

2016 was like 1800 btc down x 650 = just 1mn USD per day. The effect is tenfold right now.

I agree. BTC price is much higher now and supply much lower. We should be able to feel it almost instantly.. 

[Last of the V8s]

failed experiment that middle class

[gentlemand]

I agree. BTC price is much higher now and supply much lower. We should be able to feel it almost instantly.. 

There's fuck tons of supply but if you want a lot of it in future you'll have to prise more of it out of people who already own it and don't have the same need to immediately sell.

[bitserve]

This is a food distribution center (bread line) in Las Vegas.



I have to note that every single car there is much nicer and newer than anything I own.

Hm.

A possible interpretation is that people who have otherwise led comfortable middle class lives their entire life are suddenly on the bread line through no fault of their own.

Or maybe they did overspend in the car (and presumably other things too) if they don't have enough savings for at least a few months.

[jojo69]

This is a food distribution center (bread line) in Las Vegas.



I have to note that every single car there is much nicer and newer than anything I own.

Hm.

A possible interpretation is that people who have otherwise led comfortable middle class lives their entire life are suddenly on the bread line through no fault of their own.

A possible interpretation is that they overspent on credit, had no emergency fund and no backup plan for any disruption to their comfortable middle class lives.


Once again, I am the chump for living within my means and planning ahead.

[Biodom]

This is a food distribution center (bread line) in Las Vegas.



I have to note that every single car there is much nicer and newer than anything I own.

Hm.

A possible interpretation is that people who have otherwise led comfortable middle class lives their entire life are suddenly on the bread line through no fault of their own.

As others already pointed out-lack of savings cushion is probably the main problem.
however, they do spend on gas to get there, don't they, so benefit from not spending on food is being dimished by burning gas while waiting in line.

Partially off topic: what exactly happened to Trace Mayer? He is gone from twitter since long time ago (end of Feb).
He was there for long time. Not sure what happened, apart from some apparent trolling.

[bkbirge]

failed experiment that middle class

Scary times ahead.

[HairyMaclairy]

Could be worse. Could have panicked and pulled a mindrust, dumping your breeches near the bottom. ¯\_(ツ)_/¯

One of the arguments for incrementalism
....

So, even if any of us ends up panicking.....  which could happen.. not saying that it could not...  We should panic incrementally.. rather than fully.   


 

I strongly favour incremental panic

[gentlemand]

Scary times ahead.

Nah. The middle classes are crap and uptight. I should know as I used to be one.

We will move back into a world that we were built to understand. We will till the fields in the day time. In the evening the laird comes round and fucks your wife. And you if he's been drinking.

[Biodom]

Could be worse. Could have panicked and pulled a mindrust, dumping your breeches near the bottom. ¯\_(ツ)_/¯

One of the arguments for incrementalism
....

So, even if any of us ends up panicking.....  which could happen.. not saying that it could not...  We should panic incrementally.. rather than fully.    


 

I strongly favour incremental panic

as long as someone has most of their btc on an exchange, it is easy to panic fully.

Scary times ahead.

Nah. The middle classes are crap and uptight. I should know as I used to be one.

We will move back into a world that we were built to understand. We will till the fields in the day time. In the evening the laird comes round and fucks your wife. And you if he's been drinking.

I was hoping for citadels...and if not, then why staying in this concrete jungle?
The next few decades would be interesting to say the least.