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

[somac.]

The forum is so fucking dead I don't remember a time it was more deader than this and I've been around for a loong time.

indeed. I can't recall this thread ever being so dead and there were more boring times.

2015 was pretty dead

2012 was pretty dead

I wish I was there to see it. I was only present from April 2013 onwards.

What's the correlation to a dead forum and a new bull market I wonder.

[1715235939]

1715235939

[1715235939]

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[somac.]

Looks like we are eyeing off another breakdown. Sigh.

[JayJuanGee]

No passphrase: 0.1 BTC
{normal_pass}: 10 BTC
{really_strong_pass}: 100 BTC


.....
 I think I can compete with JJG on this one!  

OMG you have 110.1 BTC...    That's way more than me.. You win...  You win... You win....  You are approaching LFC levels.... hahahahahaaha

uncle, uncle, uncle... ..


 

AlcoHoDL, your very last post is probably worth a thousand of JJG's. JayJuanGee no offence here  

I prefer to hang out with peeps who are way smarter than me... that way I can learn thingies...

ow.... ow.... I give.  I give.  Stop twisting.  Ow.

Yes, I give 80% to no 100K in 2021 and, hence, invalidation of S2F model, but not S2FX model.

Hang on, his S2F model never showed 100k in 2021. It showed 100k by 2024. That is vastly different. Sure if it followed 2017 pattern, peak might be 2021, but PlanB never claimed that. At least not to my knowledge.

I also doubt that something less than $100k or even less than $60k by 2021 or 2022 would invalidate stock to flow model.. whether we are talking about S2F regular one or S2FX... it seems crazy to suggest that if certain numbers are not reached by a certain time then the model is invalidated.

Sure there might be scenarios that invalidate the model, such as extended under performance or some other deviant price curve direction starts playing out, yet it seems quite a bit premature calling the S2F or any of its purported variants as if they were dead when they are still pretty much spot on... and hardly any deviance from the model at all... at this time.

[soxxx]

The forum is so fucking dead I don't remember a time it was more deader than this and I've been around for a loong time.

indeed. I can't recall this thread ever being so dead and there were more boring times.

2015 was pretty dead

2012 was pretty dead

I wish I was there to see it. I was only present from April 2013 onwards.

What's the correlation to a dead forum and a new bull market I wonder.

It means everyones bored, loss interest, gave up.

Which means it cant get much worse, hence the bottom has been reached.

[yefi]

Maybe I'm out of touch, but I really don't get this whine. Economic progress is so simple it is stupid. Create something of value that someone else is willing to pay you for. End of story.

Ew, people still do that? How gauche. Somebody needs to tell these folk economic progress works by squeezing the Fed until it squeaks "whatever it takes", and letting it mop up all your junk investments.

[Biodom]

Maybe I'm out of touch, but I really don't get this whine. Economic progress is so simple it is stupid. Create something of value that someone else is willing to pay you for. End of story.

..economic progress works by squeezing the Fed until it squeaks "whatever it takes", and letting it mop up all your junk investments.

Right...I believe that fed actions not only this time, but all the way at least since the LTCM "crisis" in 1997 indirectly created more and more stress in the system.
The market cannot perform it's weighting function, especially not when faced with a 2, 3, 5, 6.7 tril $$ "bazooka".
I have no idea how this ends and when, but all those rallying bankrupt companies have got to indicate something that is not healthy.

[JayJuanGee]

^ you underestimate the circumstances of the current generation of protesters. They have been trashed on the economic scrap pile since entering the workforce, not had jobs having a pick of vocations like the boomers.

Maybe I'm out of touch, but I really don't get this whine. Economic progress is so simple it is stupid. Create something of value that someone else is willing to pay you for. End of story.

I hear you, there is a spectrum of oppression, and I am not at all sure that any US citizen is truly oppressed and without opportunity.

That said, there does come a time when pulling oneself up by ones bootstraps involves burning the lords house and seizing his lands.

There are likely opportunities in the USA; however, let's say if some one grows up poor and with a lot of poor values being passed down by parents, then that kid is going to have to figure things out on his own and get his shit in order and that kid is not going to have as many opportunities to screw up as some rich kid that fucks around until he is thirty or forty and daddy can just put him into a position of power and influence.. etc.

So, surely starting points are relevant in regards to how much hard work might need to be carried out and still very difficult odds, yet i would still say if you are dealt a rough hand, then surely you have to figure out how you want to proceed by attempting to figure out some way to get ahead and be self-sufficient, or sure it can also be tempting to party every day like it is 1999.. and there are some folks who choose to do that and seem to have few if any goals (beyond just saying that they wished that there circumstances were better.. and likely to even be in a worse situation if they continue to party for the next 10-15 years after graduating from high school (presuming graduation might be a threshold to adulthood that may or may not be accomplished) rather than buckling down).

^ you underestimate the circumstances of the current generation of protesters. They have been trashed on the economic scrap pile since entering the workforce, not had jobs having a pick of vocations like the boomers.

Maybe I'm out of touch, but I really don't get this whine. Economic progress is so simple it is stupid. Create something of value that someone else is willing to pay you for. End of story.

Bulls. You'll make a shit when you don't have a capital to educate yourself for beginners. It's like saying you should run and win a race if you're good enough even if you're way behind on starting point.

Capitalist systems, specially the one in USA are made for rich to stay rich and poor to be their legal slaves forever. Sure, there will be one, two or 10 examples of people coming out by some strange way, but 99.99% of them will always serve their masters as they just didn't have a chance to do anything different. The rich will educate their kids ant best universities and prepare them to take over as next generation leafders and the rest will continue to eat their dust.

You think some poor guy coming from poor neighborhood have a chance of coming with covid-19 vaccine, either as owner of the company or as one of lead scientists working for it and make billions/millions from that business? He has my arse. He neither has a chance to educate himself to come close to those circles or to have a capital to be an entrepreneur behind it.

Nobody starts at the top. If shit needs shovelin' then make your living shoveling shit. Once you learn how to that efficiently, teach someone else how to do so as well. Employ them in the shit shovelin' business. After going through a few shit shovelers, mostly who would rather whine than actually work, you'll develop some managerial skills and money management skills. Which are transferable skills which will allow you to build a veritable shit shoveling empire.

Don't shovel shit at me telling me there are no opportunities. Plenty of shit in the world needs shovelin'.

Nobody starts at top my arse. Ask Trump. Or Bushs. Or Kennedys...... when you are stripped of good starting positions, good education before everything else, you can suck someone's dick. Unless you mined Bitcoin early and hodled. This world is designed to make rich richer and to transfer that to the next generation of their kids. It was always like that with kings and shit, unless it was changed by sword. But just to make another group rich and powerful, until the sword hits again.

For me, the structural unfairness does not mean that you should not attempt to find some kind of niche...  which seems to be part of what jbreher was saying... and it does not mean that you might not complain about the unfairness on a regular basis, but it seems to me that you should be attempting to figure out ways to profit in spite of such unfairnesses (whether merely perceived or real) without getting thrown in jail but sure if you want to get thrown in jail, hopefully your sentence is not very long in such a way that you are going to fuck up your whole life because you are so mad that you cannot figure out a way of attempting to work the system to your advantage without having your opportunities unnecessarily zapped from you, especially if you are already starting from a disadvantaged place..  

And, sure some rich people probably deserve to be in jail, but how the fuck is that going to help you to merely complain about it?  Maybe instead you figure out ways to maybe prosecute them or otherwise figure out ways that you can get by and support yourself at the same time that your goals might be to fight towards the improvement of structural unfairnesses.  What are you going to do? and what is your role going to be within this system as it exists?  You think overthrowing it is a productive path... good luck with that, because you are going to need it... there are a lot of smart ways to proceed, and those ways may even be multi-faceted.

[LUCKMCFLY]

Bitcoin will always surprise and outperform.

Cointelegraph Research: Bitcoin Still Outperforms Stocks After Halving


Bitcoin addresses with Balance below 1 BTC. Source: lookintobitcoin

Source: https://cointelegraph.com/news/cointelegraph-research-bitcoin-still-outperforms-stocks-after-halving

[JayJuanGee]

^ you underestimate the circumstances of the current generation of protesters. They have been trashed on the economic scrap pile since entering the workforce, not had jobs having a pick of vocations like the boomers.

Maybe I'm out of touch, but I really don't get this whine. Economic progress is so simple it is stupid. Create something of value that someone else is willing to pay you for. End of story.

I hear you, there is a spectrum of oppression, and I am not at all sure that any US citizen is truly oppressed and without opportunity.

That said, there does come a time when pulling oneself up by ones bootstraps involves burning the lords house and seizing his lands.

There are likely opportunities in the USA; however, let's say if some one grows up poor and with a lot of poor values being passed down by parents, then that kid is going to have to figure things out on his own and get his shit in order and that kid is not going to have as many opportunities to screw up as some rich kid that fucks around until he is thirty or forty and daddy can just put him into a position of power and influence.. etc.

So, surely starting points are relevant in regards to how much hard work might need to be carried out and still very difficult odds, yet i would still say if you are dealt a rough hand, then surely you have to figure out how you want to proceed by attempting to figure out some way to get ahead and be self-sufficient, or sure it can also be tempting to party every day like it is 1999.. and there are some folks who choose to do that and seem to have few if any goals (beyond just saying that they wished that there circumstances were better.. and likely to even be in a worse situation if they continue to party for the next 10-15 years after graduating from high school (presuming graduation might be a threshold to adulthood that may or may not be accomplished) rather than buckling down).

Well isn't that the goal, to be able to bail your kid out if he fucks up and set him up with a decent position in life, if you don't have to great but wouldn't it be awesome to be able to do so?
Where as the poor don't have that bailout opportunity, sure it sucks but the idea of it being owed to you (which seems to be an idea spreading right now) seems a bit wild. The reason I invest and work is to be able to have a surprise fund for my children. I want to give them an inheritance that lets them quit their jobs if they have ended up doing something they hate and live their dreams. That's just me, I completely understand the desire to spend wealth on lambo's and babes.

Sure there are some people who want freebies, but you should not be believing spin bullshit.

People would like to be able to have some fairness, including fairness in opportunities, and that does not necessarily mean taking away from the rich.  I was not arguing that rich fucks should not be able to bail out their loser kids, even if I had been making an attempt to describe that poor people are going to have more challenges.. sure I had been stating the obvious in some ways.

Largely, we do not seem to disagree, kingcolex, even if we might be expressing some of the details slightly differently.

By the way, I do not believe in universal basic income.. that seems like a bullshit way to disincentivize people, but I do believe in some universal basic rights such as access to some basic health care, basic education opportunities and having a social security system that allows for retirement by a certain reasonable age and things like that.

Sure we might argue the fuck about some of the details and fairness of some systems and the need for incentive based systems in society, but the fact that some people might start out from better positions than others and the fact that some people might even have talents for screwing up their starting advantages are definitely going to play out in a lot of ways, and sure frequently the two homeless losers in their 50s have gotten there from quite different paths, but it may be a lot easier to attempt to at least provide some basics that everyone have access to instead of figuring out the extent to which we might be able to redeem someone in their 50s... to get them to start over again when they have actually gotten into a pretty bad place but we cannot necessarily assume if or how much they screwed up until maybe we try to get to know their history and figure out if there is some way to get someone like that to potentially be functional in some kind of way or do we just leave them in the street by the time they get to that point?  (answers are going to vary). 

I am surely not saying that I know the answers because that is not my area of specialty, but sometimes there might need to be some input from various stakeholders in the community, when trying to figure out various ways that unequal starting points are sustainable or if there are some ways to improve... and how much of a role does government have in that, and are our elected representative performing their duties in terms of building and carrying out the services of some of those social systems.

[Toxic2040]

canopy deployed sir...bouncing off the 30 and likely to test s/r between the 0.5 and 0.618

#dyor
1h


4h

#strongpawskittahs

[sirazimuth]

The forum is so fucking dead I don't remember a time it was more deader than this and I've been around for a loong time.

It's all your fault, you know.

We all lost much faith when you emptied your bags.

I was actually thinking the same thing for real even though you did a sarcasm (probably*) there.

*did you?

Pff... Don't be ridiculous. I don't have that kind of influence over people.

Well in this thread you do.
Everyone and his brother couldn't stop yammering on about you after you sold your coins.

....
I get that. My issue was the with the assertion that the current generation of protesters have zero economic opportunities in front of them. And the implication that boomers could walk into any job they wanted. Pure twaddle.

Can't argue with that. Unfortunately there's not many economic opportunities that involve swiping a fondle slab 24/7 and a 30 second attention span.... so the millennials are shit out of luck....DOOOOOHH!

[Phil_S]

[DaRude]

Ah fuck now we're gonna have to deal with Vegeta memes again good job bears

[jojo69]

for fucks sake

[mindrust]

When btc bounces the next time, I expect tether's marketcap to surpass eth's. $9.2b go tether go soon #1 flippening incoming

Usdt is the real bitcoin.

[El duderino_]

When btc bounces the next time, I expect tether's marketcap to surpass eth's. $9.2b go tether go soon #1 flippening incoming

Usdt is the real bitcoin.

Waaaauw mindrust really is a poor/lost soul

I pity that ...

For real

[sirazimuth]

We need more....  "the next ( insert random # hours, days, years, decades, centuries here) is critical".... posts....

[Vectra]

well, looks like we broke down 

[mike4001_]

If you haven't realised it yet.

Bitcoin is always tanking when the stock market is tanking.

It't not longer decoupled anymore or even rising as Gold does, when stocks fall ... :-/

[El duderino_]

well, looks like we broke down 

Before it looked like we broke up.... it always looks like something, but what does it means in BTC