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

[OutOfMemory]

You are probably either misremembering, or maybe you had not noticed, but surely mindrust had several episodes of emotionalness, being overly pessimistic, predicting doom and gloom and behaviors like that, but surely selling his whole BTC stash did seem to be a bit too extreme in terms of being a bit further out of character than those previous bouts of negative nancy...

I'll rely on your memories, because mine are more likely wrong 
You know the story.

Sure.  You are clear enough, yet even though I consider mindrust's actions to have been severe, I conclude that the transformation was not likely as great as you had made it out to be.  That's just my take on it, currently.

Yeah, seems so, based on reasons mentioned above 
So, sorry for that one, mindrust.

Short reply, bc. of headache, a nap may help.
That said... I will backread the rest tomorrow.

[1714961702]

1714961702

[1714961702]

1714961702

[Hueristic]

Good morning Bitcoinland.

Still stuck in the mid-$9xxx doldrums... currently $9555USD/$12915CAD (Bitcoinaverage).

Tumbling tumbleweeds. Need moar coffee please.

Nothing like M0ar corporate welfare to bail out the so called capitalist leaders of the world that can't stand on their own 2 feet.

Corporations are just collectivist organizations like banks, communist parties, unions, or religions.

Yup, sure the fuck looks like a religion to me.

Wishful thinking and fuzzy logic, if you want to lump all of those different kinds of organizations together in order to make some kind of vague assertion about reform or pointing fingers or some other vague wishful-thinking bullshit point.   

Don't take it personal if you didn't get the point.

[JayJuanGee]

Good morning Bitcoinland.

Still stuck in the mid-$9xxx doldrums... currently $9555USD/$12915CAD (Bitcoinaverage).

Tumbling tumbleweeds. Need moar coffee please.

Nothing like M0ar corporate welfare to bail out the so called capitalist leaders of the world that can't stand on their own 2 feet.

Corporations are just collectivist organizations like banks, communist parties, unions, or religions.

Yup, sure the fuck looks like a religion to me.

Wishful thinking and fuzzy logic, if you want to lump all of those different kinds of organizations together in order to make some kind of vague assertion about reform or pointing fingers or some other vague wishful-thinking bullshit point.  

Don't take it personal if you didn't get the point.

O.k.  I will try my damnedness NOT to hold anything against you, Jimbo nor any other WO peeps based on exaggerated intensities of my own possible short-comenings and/or lackenings, perceived or otherwise.

 

[Hueristic]

O.k.  I will try my damnedness NOT to hold anything against you, Jimbo nor any other WO peeps based on exaggerated intensities of my own possible short-comenings and/or lackenings, perceived or otherwise.

 

Your release of liability is duly noted. ;P

[Toxic2040]

the evening wall report


Another day goes brrrrrrrrrr for legacy markets as the Dow gains 2.04% and the S&P500 posts a 1.9% jump.  Regardless, Powell states that the Fed does not "want to run through the bond market like a elephant'.

Not sure what that means when you have unlimited fiat but I feel reassured.....dont you?   

https://www.cnbc.com/2020/06/16/powell-says-the-fed-doesnt-want-to-run-through-the-bond-market-like-an-elephant.html

---

In other news tensions flare between China and India again in the Galwan Valley. Substantial casualties on both sides have been reported.

https://abcnews.go.com/International/20-indian-soldiers-killed-border-clashes-chinese-troops/story?id=71282895

---

And finally...not to be outdone, the Supreme Leader decided to blow up a liaison office used for negotiations with the South.

https://twitter.com/vicjkim/status/1272814714662215681?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet


Seems to me if we just found a random kindergarten class and yanked the kids out and replaced certain world 'leaders' with those kids, we all might be better off.   Just saying...

-----------

Meanwhile with bitcoin...blocks continue to be produced, utilised and traded.   

A little short term consolidation with the current trend remaining intact imho.  Vertical surfaces can be slippery.

#dyor
4h


D

#stronghands

[Tash]

I am still laughing, will be for a little while.
Calling a multi year scientific study with 100000 participants, pseudoscience is someone who lost track of life and reality.
https://bitcointalk.org/index.php?topic=178336.msg54627232#msg54627232

Local court jester

Common sense is rare this days.
If healthy blood pH is 5.71% of neutral on Alkaline (7.4) side of things then common sense dictates that daily total food intake must also be somewhere around that percentage. Which translates to a daily combined PRAL value somewhere between an apple -2 and red wine -4
No study is needed, only little bit of brain.
If a study talks about ph and food then certified idiots are at work. pH is a log scale (0 -14, neutral is 7) use for liquids.
All food has a PRAL value (potential renal (kidney) acid load) and roughly ranges from -50 to 50, center neutral.
There is a general consensus that diet can markedly affect acid-base status and that a person’s acid load can be specifically manipulated by dietary means.
https://www.academia.edu/11366011/Pral_values_of_selected_grains_beans_nuts_fruits_and_vegetables


The most alkaline I know of is Marmite/Vegemite...with -41.9   and dried or dehydrated Chives -50.6
The most acidic I know of is Cheese, (Parmesan) 20-34.2 and  Gelatin powder, dietetic, sweetened with low calorie sweetener, dry with a value of 55.1

[bitebits]

https://blockstream.com/2020/06/16/en-esplora-and-other-alternatives-to-electrumx/

By default, the Electrum wallet app connects to a random set of Electrum servers. This is not great from a privacy perspective because it announces your wallet’s addresses and balances to unknown third parties. And it’s well known that, unfortunately, many public Electrum servers are run by blockchain analysis companies and worse. So if you’re using an Electrum wallet, we generally recommend that you run your own Electrum server and connect your wallet to that instead.

[VB1001]

Nothing new under the sun, we're still in the 9.5K battle

#StrongHats

[fillippone]

Hello Gyus, catching up with 17 pages backlog. I only checked in the WO a couple of times lately...
Boy I would need a @JSRAW recap!

Two tips:

Don't put all your eggs in one basket.
Plausible deniability -- A $5 wrench is too damn cheap.

Hey man, spot on on your last security comments  
Can you please point me out something good to read on the plausible deniability topic? Thanks!

Hi, I would point you to Wikipedia, but I just checked it and it's too general, too long (as if this isn't...), not an easy read.
<....>

This is a true pearl.
This is why I love WO! Lateral humour, sarcasm, memes, personal stories, great contents, all mixed together. WO was like a box of chocolates. You never know what you're gonna get.

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.

From the first article, which I believe PlanB adjusted upwards later on:

<...>

Link to the other two articles and various podcast appearances:
https://100trillionusd.github.io/

<...>

Time to point you toward my thread: Stock-to-Flow Model: Modeling Bitcoin's Value with Scarcity!

<...>

Something is wrong here.
You cannot see a post from you while you are catching up!

5 pages behind now... but RL is calling...

[OutOfMemory]

I just don’t hope it’s a financial one that requires good judgement and decisions

Nope, I learned to not get emotional or obsessive with my financial decisions. My finances will do well automatically without me interfering.

It is something else man it feels so good you all need to try some of that stuff but no I'll keep it to myself.  

collodial silver?
how much did Tash charge you per milliliter ?

*scnr*

@Tash: I was on the same path until about a decade ago, tried a lot of fancy "magic" stuff, tried to convince other people of how silly they are not to go "alternative" and throw their money at scammers that are actual doctors.
Let me tell you this: It didn't work. The only people i knew that claimed that it works either had no real health problems or took money for their alternative product or service. Some of the first group had health problems afterwards. Most risks are well documented.
This is a wakeup call from Morpheus. It's up to you if you take the red or the blue pill.

[Syke]

Common sense is rare this days.
If healthy blood pH is 5.71% of neutral on Alkaline (7.4) side of things then common sense dictates that daily total food intake must also be somewhere around that percentage. Which translates to a daily combined PRAL value somewhere between an apple -2 and red wine -4
No study is needed, only little bit of brain.

Your food intake doesn't regulate your blood ph. Your kidneys do. https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4670772/

[Tash]

Common sense is rare this days.
If healthy blood pH is 5.71% of neutral on Alkaline (7.4) side of things then common sense dictates that daily total food intake must also be somewhere around that percentage. Which translates to a daily combined PRAL value somewhere between an apple -2 and red wine -4
No study is needed, only little bit of brain.

Your food intake doesn't regulate your blood ph. Your kidneys do. https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4670772/

Be my guest go ahead and live on a acidic diat and the tell me how the kidneys regulate your well being. Don't expect me to pay for your medical expenses.
Apparently if you wear 3 mask at the same time it prevents you from getting covid, flu and the common cold, no never be sick again. Can't verify but we are in covid times so all is possible.


Some people in Wuhan have tried it.
July-October massive protest for bad air, acidic
Then middle of winter Fruit and Veggies expensive and rare, Seafood and Bats plenty and cheap, but all very acidic
Have some Rice with it, acidic
Later in day go to fast food restaurant, Bun acidic, Burger acidic, Sauce acidic, if Lettuce is real its basic (alkaline), if it is fake lettuce   it's acidic,
a slice of cheese, acidic, some tomato basic.
Wash it all down with Soft drink (CO₂) Cola, Fanta, 7Up…..acidic
Lets have some 2 minute noodle as evening snack, acidic
Rinse repeat for some time.
Now the hit disharmonious body with a new radio/microwave, shit, Houston…
Not to worry, lets go full retard and put mask on to increase acidic load, give the Kidney something to do, she be regulating it in no time with magic fairy dust.
Story has it they found something new.

Each there own, I have a Banana and Coffee to get going then later in the day my Steak with potato's (fries, chips, steamed, backed, mashed...always basic) and some Broccoli, like the food with lots of herbs/spices and wash it down with some Wine.
In the evening a Blood Mary/Screwdriver/Absinth or Black Russian with some Cookies
Be changing it a bit around tomorrow was a basic heavy day only Steak and Cookies provided some balance.
Now I have to excuse, I go and get some Sun.

[AlcoHoDL]

I have a cousin, same age as me (in his 40s), who's eating more or less like Tash describes. He is totally against conventional medicine and into natural remedies, herbs, etc. He's also a vegetarian.

-- Half his teeth have fallen off. Even most of the front ones, but he refuses to go to the dentist (he's against doctors).
-- His Hematocrit (blood HCT) is below normal (around 30~35%).
-- Although he is very fit (he exercises a lot), he looks malnourished and unhealthy.

Several years ago, I was suffering from a serious, life-threatening condition, that required taking some nasty, very strong chemicals. My cousin strongly advised me against it, and recommended some special herbs. After researching all of my options, I went ahead with the medical treatment as advised by my doctor, and I'm now in perfect health. Had I followed my cousin's advice, I would probably not be alive today.

Just a word of caution, don't experiment with your health based on what someone has told you, or what you've heard, or read on the net, without hard, scientific evidence. Eat what you like, enjoy your food (your body itself will tell you what is good for you), just don't overdo it, as with most things. Most importantly, don't listen to anyone claiming he has the solution to all your health problems, without researching it thoroughly by yourself.

One last thing. Apply the "follow the money" principle. Just check to see if there's money involved and whether or not the person giving you advice has some monetary gain from persuading you to follow his methods. Steer clear from cases where you need to buy some "magic supplement" that will make you healthy, or otherwise having to pay someone for health services that are not scientifically proven.

[somac.]

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.

From the first article, which I believe PlanB adjusted upwards later on:

<...>

Link to the other two articles and various podcast appearances:
https://100trillionusd.github.io/

<...>

Time to point you toward my thread: Stock-to-Flow Model: Modeling Bitcoin's Value with Scarcity!

Are you pointing me towards that thread? If so, I did check the PlanB Realvision interview and in it he definitely said 100k before Xmas 21. I read the 100k average elsewhere. His actual quote is

Yeah. Well, if we look at the stock to flow model, the only thing I can take from that is that I’m taking the co-integration into account is that somewhere between a year and a year and a half after the halving, so say before Christmas 2021, Bitcoin should be or should have been above $100,000. If that’s not the case then yeah, well, then all bets are off and it probably breaks down. I don't expect that to happen.

That a pretty clear 100k before a certain date to me. Is there something in your thread that addresses this in particular, I couldn't see anything.

IMO, I think 100k is still very possible next year but if we are still hovering around these levels by start of next year my opinion will probably change.

[OutOfMemory]

Continuing "sideways" as per triangle boundaries. To keep the more impatient and doubtful WOs calm again 

[Torque]

Another day goes brrrrrrrrrr for legacy markets as the Dow gains 2.04% and the S&P500 posts a 1.9% jump.  Regardless, Powell states that the Fed does not "want to run through the bond market like a elephant'.

Not sure what that means when you have unlimited fiat but I feel reassured.....dont you?    

https://www.cnbc.com/2020/06/16/powell-says-the-fed-doesnt-want-to-run-through-the-bond-market-like-an-elephant.html

So the Fed is now doing what all economists and financial experts said they would never do: buying U.S. corporate debt directly.

Welcome to the Japanification of America, folks. And just look at how well that turned out for Japan.

https://www.barrons.com/articles/japan-u-s-economy-inflation-consumer-prices-central-bank-policy-rates-japanification-51578951489

#buybitcoinlikeyourlifedependsonit

[LFC_Bitcoin]

$100,000 per coin by New Year 2022 (achieved by late 2021) is definitely possible. The halving hasn’t taken effect yet, we saw what happened post 2012 & 2016 halvings. It takes a while for the reduced supply of new coins to affect the market.

We’ve all seen how fast & aggressive honeybadger can be when he wants to. $100,000 is only just over 10 x the current price. It’s definitely, definitely a possibility imo.

We’ve had a worldwide, unprecedented pandemic and the price is still over $9,000. We are going to a new ATH & beyond next year, I’m sure of it.

HODL, keep buying & you will be handsomely rewarded!

Never go full mindrust

[El duderino_]

It will always be difficult to predict prices at certain dates and stuff.....  But we all just know how fast BTC has risen in the past and always very aggressive some moments ... to sustain an avg of over 8k for a year long after only 11 years of existence will be considered for more difficult as to top out at 50-100k imo

But then again everyone has there opinion, I only do believe that      #BTClivesMATTERS

[Room101]

If we hit ATH this year, I'm 80% sure we will hit 100k by end of 2021. Only 30% sure we'll hit a ATH this year though.

Once she gets started, there is no stopping her. Sometimes the bitch just doesn't want to get out of bed though.

As always, patience is key, especially with bitcoin.

Buy, hold, chill the fuck out.

[El duderino_]

If we hit ATH this year, I'm 80% sure we will hit 100k by end of 2021. Only 30% sure we'll hit a ATH this year though.

Once she gets started, there is no stopping her. Sometimes the bitch just doesn't want to get out of bed though.

As always, patience is key, especially with bitcoin.

Buy, hold, chill the fuck out.

Strange to say only 30% with almost 6 full moths to go.....