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

[Toxic2040]

..in the end they are a HODLer and accumulator of BTC....

-snip-

TLDR:  Surely takes time (likely years) to learn, develop and put into practice sound and reasonable DCA, buy on the mf dip, and HODL strategies in respect to dee corns.

+5 WOsMerit's


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the noon wall report at 12:06pm

Happy Mothers Day all. I hope you all get a chance to ring up your mum and tell her you love her. Better yet if you can give her a hug and a peck on the cheek and just say 'thank you'.

My Mom has been gone for over a decade now..and I wish I told her that more often.   Carrying on.


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Lets face it..this appears to be a normal correction on a correction. The meteoric rise from the pandemic dip has bubbled off and we are now experiencing a normal zone of profit taking and consolidation imho.

If we close above $8.5kish on the weekly I think that sets a good case for bullish consolidation. If we close below that then lower lows might be on the table and possibly a dip into the $7k's. If bitcoin falls below $7k I fear we will be in for a very rough year. #dyor

W

stronghands

[xhomerx10]

Here's to cheating, stealing and drinking.
For if you cheat, may you cheat death. And if you steal, may you steal a maiden's heart, and if you drink, MAY YOU DRINK WITH ME!

Cheers WO !

Oh, I know this one!!

 ...and if you dont want to drink with me I'll punch you in your @#%$ face!

 

[JayJuanGee]

How many of those 40% are actually interested in working day and night, not spending all of it, and taking risk? Not saying luck and inheritance does not play a role but some people are trying very hard to not get rich. And then complain about it. Not being able to afford education is no excuse anymore, wikipedia+youtube can teach you more than the average university or book.

Woaza!!!!!

That's a bit much, hodl_2015.

In my wee years of living, I have witnessed a fuckload of bailouts to portions of society that do not deserve it... but I suppose those well off portions of society getting the bailouts are going to trickle down the benefits by providing jobs, right?

Sure, it is understandable that our existing system of the division of labor does strive to create some incentives for people to work (those lazy bastards), but surely there is a lot of problems with some basics, such as access to medical care that should something that regular peeps (I mean lazy bastards) should not have to worry about. 

At the same time, there are some people who might not even work, if they were to have access to basic medical care, they would opt out of the traditional working system and sustain themselves on a small plot of land... that would not be helpful to the system that strives to provide goods and services to the upper 40% (the 1%, 9% and 30%) who are purportedly more deserving - and of course, less lazy, as you suggest to be the case.

[JayJuanGee]

Happy Mother`s Day, guys, maybe some whales cash out, for a gift.

Maybe...............








NOT.





 

[Hueristic]

Do you accept that some of these crises may, in fact, be real??

"They don't care about you at all - at all - at all" - George Carlin.

Crisis may be real, but taking advise from people who don't care about you is foolish.

They may not care about the general populace but they care about themselves and in some things everyone's survival is aligned.

[eXPHHorizon]

Here's to cheating, stealing and drinking.
For if you cheat, may you cheat death. And if you steal, may you steal a maiden's heart, and if you drink, MAY YOU DRINK WITH ME!

Cheers WO !

Oh, I know this one!!

 ...and if you dont want to drink with me I'll punch you in your @#%$ face!

 https://i.imgur.com/Dk13Hxd.jpg

LOL, yeah that old guy did not deserve that punch.. However Conor is still King even if he had abit of a Drinking problem at the time he done that to the old man.

https://www.youtube.com/watch?v=NMOUCpoLB_8

[Hueristic]

...

In my wee years of living, I have witnessed a fuckload of bailouts to portions of society that do not deserve it...

People need to stop calling it "Bailouts" and "stimulus" and all the other bullshit jargon and call it what it is, Welfare.

[jojo69]

...

In my wee years of living, I have witnessed a fuckload of bailouts to portions of society that do not deserve it...

People need to stop calling it "Bailouts" and "stimulus" and all the other bullshit jargon and call it what it is, Welfare.

or... "theft"

[JayJuanGee]

......
There's much more to this, but i'd need "JJG superpowers of texting" to express all this in a meaningful way, i guess

Such purported "superpowers" is not worth it.

If they are offered to you, just say no, to superpowers.


Just say no.


Just say no.


You will thank me later.

[bkbirge]

...

In my wee years of living, I have witnessed a fuckload of bailouts to portions of society that do not deserve it...

People need to stop calling it "Bailouts" and "stimulus" and all the other bullshit jargon and call it what it is, Welfare.

or... "theft"

Socialism, state directed economy. Corporate welfare... privatizing profits, socializing losses.

[Elwar]

I'm not sure why I have to keep bringing this up for every "crisis" but...if you people that hate freedom would quit using every crisis as an excuse to institute even more tyranny (like you did with the last crisis) then those of us who love freedom wouldn't be fighting you on this.

You could say "hey gang, this virus is bad...we should all socially distance" and we'd be like..."that sounds reasonable, we can do that temporarily then get back on with things as they were before". The crisis would pass, things would go back to normal.


But instead it's "hey dissenters, stay at home or we'll arrest you...also we need to institute a new normal where drones are flying around monitoring everyone and we're spending $1 trillion a week while deciding who can work and who cannot"...to the response of "fuck your crisis...we don't believe anything you say".

Remember that for the next crisis...because you'll care oh so much about people in the next crisis too and we will yet again not follow along with your ideas about how "everybody should do X".

This is actually a great formulation of my thoughts from another direction.

I often come into conflict with folks approaching from the "conservative" side whose logic seems to be;

if - crisis is being used to consolidate power

then - crisis is made up bullshit

Sorry, but this logic does not hold water.  Rahm Emanuel's infamous chestnut is perhaps the most flagrant illustration that the powers that be will, in fact, use ANY crisis, conjured or terrifyingly real to further their designs.


Elwar, I accept your thesis that the forces of neoliberal globalism have squandered their credibility through repeated exploitation of crises.  I further accept that this complicates our response.

Do you accept that some of these crises may, in fact, be real??

I accept that those that support freedom need to downplay the crisis out of necessity. I also accept that those that support tyranny need to unnecessarily overhype the crisis.

Hence, you go up and down your Facebook page and see the same people posting low COVID death numbers who also post links to how maybe Iran didn't do <insert bad thing the US claims they did to push for WW3>.
The same people screaming about millions of possible deaths are the same ones that say that the PATRIOT Act was a perfectly reasonable response that is still necessary 20 years after 19 individuals orchestrated an attack.

People would not need to downplay the numbers if they knew that those that want to control their lives were going to try to use the crisis to control their lives. People who want to control your life would not be overhyping the numbers if they had some dogs they could torture to keep their appetite satiated for power.

Now...if people who truly are all about this COVID thing being an actual true threat that they believe in their hearts is going to end humanity (and they get past the fact that they don't really care about humanity going away)...then they should propose free market solutions that would give people more freedom while fighting the virus.

Propose ways to save lives and save us from a deadly virus while at the same time decentralizing power and empowering individuals. If you care...this is what you do.

[jojo69]

Facebook

well

there is the first problem

you and I are not even living in the same world

I can see how you might get all wrapped up and frustrated looking at that garbage.

[Hueristic]

...

In my wee years of living, I have witnessed a fuckload of bailouts to portions of society that do not deserve it...

People need to stop calling it "Bailouts" and "stimulus" and all the other bullshit jargon and call it what it is, Welfare.

or... "theft"

Its the same thing people that people that hate welfare yell for to give to the 1%, they can't stand the word welfare even though that is exactly what they are getting. It used to be calling a spade a spade but I think someone told me thats not politically correct to say. Funny thing about that is I used to think it was referring to a shovel until someone said hey man thats racist.

Funny the power of words.

[Elwar]

Facebook

well

there is the first problem

you and I are not even living in the same world

I can see how you might get all wrapped up and frustrated looking at that garbage.

Not enough people on MINDS yet.

If you get news from the broadcast media then you are correct, we are not in the same world.

I mainly watch LBRY channels these days.

[Wekkel]

Alts moving up again. This could mean that confidence is rising again.

[Ibian]

...

In my wee years of living, I have witnessed a fuckload of bailouts to portions of society that do not deserve it...

People need to stop calling it "Bailouts" and "stimulus" and all the other bullshit jargon and call it what it is, Welfare.

Theft.

Edit: beaten to it

[jojo69]

If you get news from the broadcast media then you are correct, we are not in the same world.

I think you are falling prey to your own preconceptions about people that might not wholly agree with you.

My primary newsfeed (well, after last of the V8s) is ZeroHedge.  I usually check bbc.com/news/world just to see what the mainstream spin is, but I find its liberal bias rather obvious.  I also like to stay abreast of Hackaday and KrebsOnSecurity.

I am almost entirely isolated from broadcast media.

I find your lack of recognition of any nuance a little off-putting; either you are with Elwar or you are with the tyrants.

[Ibian]

There are 3 things that need to be balanced in a pandemic. The medical problem that is the virus itself, the economy, and civil liberties.

We are far past worrying about the virus (for now, until and if coronii-chan comes around). The biggest problem now is the increasingly tyrannical measures states are putting into place. The lockdown has to end. The state only ever tightens the noose, they never loosen it. Even the economy is a distant secondary concern at this point.

https://www.youtube.com/watch?v=VvDRW43Hfi0

Ireland is a shitshow. England too. I'm surprised how far and how fast things have changed. Things will only get worse and spread to more countries the longer this goes on.

[mindrust]

I´m about to puke..

We dont deserve this 2 days before halving..

Welcome to the club. Want some more puke-cocktail?

[Elwar]

If you get news from the broadcast media then you are correct, we are not in the same world.

I think you are falling prey to your own preconceptions about people that might not wholly agree with you.

My primary newsfeed (well, after last of the V8s) is ZeroHedge.  I usually check bbc.com/news/world just to see what the mainstream spin is, but I find its liberal bias rather obvious.  I also like to stay abreast of Hackaday and KrebsOnSecurity.

I am almost entirely isolated from broadcast media.

I find your lack of recognition of any nuance a little off-putting; either you are with Elwar or you are with the tyrants.

Supporting the hype while understanding history can only mean that you want concentration camps and gas chambers. If you can't see the obviousness of it all then you're only supporting tyranny via ignorance.

The gas chambers this time around will be a softer gentler approach...
Vaccines utilizing radical new technology that's never been tested will do the trick in a much easier way. They're already implementing plenty of measures to ensure people get the vaccine without forcing them. But they will be given little to no choice.