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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (1%)
7/28 - 11 (11.2%)
8/4 - 16 (16.3%)
8/11 - 7 (7.1%)
8/18 - 5 (5.1%)
8/25 - 7 (7.1%)
After August - 51 (52%)
Total Voters: 98

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26455984 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
Cryptotourist
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May 31, 2020, 06:27:53 AM

Hey JJG, any alternative cryptocurrency to suggest for investment?

<Please don't Grayscale my ass>

Kiss

#nohomo

Grin
Millionero
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May 31, 2020, 06:34:00 AM

more white people are killed by the police yearly than blacks
What's the per capita figure?

mmmmmmmm

time for a bit of "me time" I think

a quick wank never hurts...   Grin Grin Grin

Unless you have been chopping chili peppers
Voice of experience?
windjc
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May 31, 2020, 07:33:15 AM

[...] we are well out of the long bear market now. The effects of the halving won’t be seen for months yet. The next big bull run is going to melt our faces off, definitely $100,000+ by 2022.

Are you ready?
Are your bags full?

The train won’t wait for long!


Wondering how many new people learning about Bitcoin feel the train has already left the station, even at current >$9K prices. Broker IBKR for example recently dropped the requirement of a minimum first deposit of $10K because they were losing too much retail business. Joe Average does not have a lump sum of $10k to invest, let alone in something still considered very speculative as Bitcoin.

Not being able to buy an entire bitcoin at once could discourage many from putting in any fiat at all. Think that after the next price cycle Bitcoin won’t be denominated in bitcoins anymore, as gold is generally not in kilos.

People are calling me asking me if they should buy their first coin. I don't think price matters. Emotional desire matters.
AlcoHoDL
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May 31, 2020, 07:42:07 AM
Merited by vapourminer (1), JayJuanGee (1), LFC_Bitcoin (1)

[...] we are well out of the long bear market now. The effects of the halving won’t be seen for months yet. The next big bull run is going to melt our faces off, definitely $100,000+ by 2022.

Are you ready?
Are your bags full?

The train won’t wait for long!

Wondering how many new people learning about Bitcoin feel the train has already left the station, even at current >$9K prices. Broker IBKR for example recently dropped the requirement of a minimum first deposit of $10K because they were losing too much retail business. Joe Average does not have a lump sum of $10k to invest, let alone in something still considered very speculative as Bitcoin.

Not being able to buy an entire bitcoin at once could discourage many from putting in any fiat at all. Think that after the next price cycle Bitcoin won’t be denominated in bitcoins anymore, as gold is generally not in kilos.

It shouldn't discourage them, but it does.

We tend to see Bitcoin as a train leaving, or a rocket launching to the moon, and we need to rush to get in. It's all nice and good, with CCMF memes and Carolinas when it pumps, and the dreaded Vegetas when we revisit the price that shell not be seen again.

I see Bitcoin as a train, but a train that's infinitely long. One can get in any time he/she wants. There's always a wagon passing by you. Some of us have managed to take the front wagons, and will reach our destination much earlier. Other will join later, but they will still get there. Just later. I have a few friends and relatives who have followed my advice and got into the crypto space, buying some fraction of BTC. Most of them sold it soon after, and bought some altcoin(s) which are "much cheaper than BTC". That's the mistake newbies make, thinking they have to have one whole BTC. When we talk about BTC price in terms of satoshis, those people would wish they had kept the 0.1 BTC (= 10,000,000 sat) they once had...
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May 31, 2020, 08:36:03 AM

1h


M
HairyMaclairy
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May 31, 2020, 09:35:49 AM

Somewhere along the way everything changed. They switched from friendly blue to intimidating black. They started hiding their faces. They separated themselves from society. They developed an adversarial "us against them" stance and started treating the community (their bosses) as the enemy. They hid behind the anonymity of their uniforms and refused to give their names. They abdicated all personal responsibility.

A large part of this coincides with the militarization of the police. Flooding the forces with surplus military equipment, hiring direct from the military (and assuming military training with no decompression can substitute for civilian police training), shifting patrols so cops don't patrol their own neighborhoods, not hiring out of those neighborhoods, the various "war on XX" initiatives all promote that us vs. them mentality.

https://fee.org/articles/the-militarization-of-americas-police-a-brief-history

That's exactly what I was talking about... militarization.

If it does turn into a complete civil war, it will be the state that drew first blood.

It's not really principally a war between the public and the police. It's a war between the government and the people.

That's what makes the second amendment to the constitution of the USA so meaningless in the 21st century. What good are the arms American citizens are allowed to bear compared to military weapons? Bring a knife to a gunfight? Bring a gun to a missile fight?

A Predator drone is patrolling above Minneapolis to provide “situational awareness”. 
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May 31, 2020, 09:36:48 AM

Roll Eyes When 0.0001 is worth something in fiat terms you'll be glad you hadn't. Fees will be going down proportionately in btc terms.
At that time I'll have an address with a single input. It cost me $1.73 in fiat terms today to consolidate 143 inputs on that address. Somehow I thought consolidating at low sats today better prepares a long term hodl position. Especially considering that transaction fees are likely to go up as new users create economy and network traffic.

How do you know if you have this problem? I just have a ledger No idea if it is dusty, I mean I know the box is.   :p    Smiley


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May 31, 2020, 09:42:49 AM

Yet again a daily candle closed back above the magic line. It really seems to want to gt back up there.

The 10k dream still feels alive for this line. Though there is obvious resistance coming.

A coiling snake may strike



Hourly looks boring but there is an interesting gradual steps upward pattern. Stairway to heaven? or stand by for the manipulator dump again? 10k must be a "take the money" level for some people who are deciding things ages ago to not be emotional about it. Their coins will eventually get hoovered up.


Baby climbing stairs

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May 31, 2020, 09:45:29 AM

I see a bunch of, mostly young, black, and bored, people using this persons death as a bad excuse to loot and riot.
I also see in the very near future the military regaining control of your cities and restoring order.
I also see four cops being charged in the near future.
What I never see is white people rioting and looting when a white person is being shot by the police.
The poor rednecks of the trailer parks do not loot their neighborhood, if anything, they arm themselves and protect their neighborhood.
Remember, more white people are killed by the police yearly than blacks, yet no white riot.

The rioters outside the White House are almost entirely white so far as I can see.  

People of all colors are angry about racism.

HairyMaclairy
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May 31, 2020, 09:48:02 AM


mmmmmmmm

time for a bit of "me time" I think

a quick wank never hurts...   Grin Grin Grin

Unless you have been chopping chili peppers
Voice of experience?

Indirectly, yes. 

I know someone who suffered a serious workplace injury. 
irfan_pak10
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May 31, 2020, 10:27:49 AM

LoyceV
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May 31, 2020, 10:48:47 AM

Just a reminder that wallobserver.tk exists, for "endless" scrolling of the past hour, day or week.
Is anyone even using this? The domain expires in 4 months Tongue
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May 31, 2020, 10:55:36 AM

Hmmm I didn’t even know that existed !
irfan_pak10
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May 31, 2020, 10:59:25 AM

Just a reminder that wallobserver.tk exists, for "endless" scrolling of the past hour, day or week.
Is anyone even using this? The domain expires in 4 months Tongue

Surely someone helps you in your domain renewal  Cheesy
LoyceV
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May 31, 2020, 11:08:24 AM

Surely someone helps you in your domain renewal  Cheesy
That's why I asked if anyone's using it. I'm not going to renew it, dot.tk doesn't accept Bitcoin and I'm not going to link my creditcard.
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May 31, 2020, 11:11:49 AM

Surely someone helps you in your domain renewal  Cheesy
That's why I asked if anyone's using it. I'm not going to renew it, dot.tk doesn't accept Bitcoin and I'm not going to link my creditcard.

How much that cost of renewal?
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May 31, 2020, 11:14:36 AM

Surely someone helps you in your domain renewal  Cheesy
That's why I asked if anyone's using it. I'm not going to renew it, dot.tk doesn't accept Bitcoin and I'm not going to link my creditcard.
Now that I've found it I must admit it's pretty handy.
Just migrate to a bitcoin friendly service Wink
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May 31, 2020, 11:26:22 AM

How much that cost of renewal?
9.95 euro including TAX (plus 4% CC surcharge).

Just migrate to a bitcoin friendly service Wink
Anything offered by Namecheap could work.
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May 31, 2020, 11:46:25 AM
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Just a reminder that wallobserver.tk exists, for "endless" scrolling of the past hour, day or week.
Is anyone even using this? The domain expires in 4 months Tongue

LoyceV, is a very useful page, give it another chance.



Hats, info. and some updated links > www.wohats.com

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May 31, 2020, 11:49:02 AM
Last edit: May 31, 2020, 12:09:43 PM by Last of the V8s
Merited by jojo69 (1), Karartma1 (1), VB1001 (1)

Friends, WO-men (apud '@Bob'), sovereigns, lend me your ears.

Bitcoin has often been described as an unstoppable force like gravity. satoshi hadn't created it but had discovered it, pulled all the available information together, and proven it mathematically. Sure you can go against it for a short time, the rich by pouring huge numbers into space programs, they get 2 of their employees that floating feeling for a few seconds, and the poor for a sweet moment or two by bouncing back from the bottom of a bungee jump. (apud @tc)

As with the bungee cord, the analogy cannot be stretched too far. We can by overcoming gravity for a moment, get beyond this poor abused planet, and start to think about other worlds. Bitcoin is earthbound, and relevant to us here and now. It is the unstoppability that compares now. It is always there, and no decision, no army, no movement can stop it.

The minute this discovery was made, those in power saw the danger and started to adapt. You adapt to bitcoin, or you lose your power. You gain power by gaining coin. The USGov is often thought to be the planet's most powerful entity with China's coming up. Neither nominally hold any coin. But they do use their shadow organisations and individuals, their proxies.

The one entity that might just, just have stopped it early on was the NSA, an autonomous organ of the USG, like a giant cock waving around with different motivations than the centre; but they didn't even try after ~2011. (Whether they did before, or they could have been successful, let's leave it for another rant.)

They will be doing the accumulating of coin to hodl power in their grasp. Amongst the early whale bitcoiners are some very unsavoury characters (@apud shinobi) and the spooks can easily control them by threat of exposure to bring about their desired behaviours, facilitating the coin-gathering. Those whales are not just people with pasts, but with futures, they may want to thin out the herd in alarming ways for example. It does not bear thinking about who was clever enough early on to see the power on offer and to grab it by grabbing the coins. They also accumulate through conventional proxy means, banks, funds and persons.

Ethereum and the big altcoins, btc price manipulation, ordinary classical psyops within and without the btc camp, technical debates such as the fork war, extant tax and control structures*. These are amongst their tactics to get hold of more coin than you and me, and than the Chinese proxies, than the very few billionaires who want to hang on to their realms, and are un-co-optable. It remains to be seen whether the NSA etc. key controllers give away their power, back to existing and nominally legal government structures. I won't be doing that.

Few of us, who hold by the creed of the Wall Observer, do that. Give back the power in our grasp, the coin in our wallet. We don't give in to that* list of tactics of theirs. We know they are merely the accumulation tactics of fellow holders, albeit cunning and ruthless ones. We don't do altcoins or New York agreements. We pare to the bare minimum our selling to their exchanges and to their tax man, in a knowing game for peace of mind and to protect our realms. We know these super-accumulators will be more powerful than us, but that the world is a big place, and it needs little captains (apud @MP) to deal with village matters. For now, we bank for our future and we wear our hats with hope and courage in our hearts.
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