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

[Torque]

If people want to start with true "critical thinking", they can start with the truth that the POTUS controls very little and has very little power, while Congress controls pretty much ALL the power. All one has to do is research how the U.S. legislative process actually works.

But 99.9% of people want to believe that the POTUS is either their country's savior or their country's enemy, and holds all the cards. I guess they want to believe he is sitting in his office giving out orders and passing laws like a dictator.

The irony is unbelievable. People focus so much energy on all the wrong things.

I'm sure the educational establishment will eventually get rid of Political Science courses like they did Finance courses. Gotta keep people ignorant and clueless, as it makes them easier to fool and persuade.

[BitcoinBunny]

So this time next year whereabouts will the BTC price be?

I'm going with $80,000.

[bct_ail]

Bitcoin is funny business, says European Central Bank President Christine Lagarde

https://www.reuters.com/video/watch/ecbs-lagarde-says-bitcoin-conducted-funn-id724167311
https://www.reuters.com/article/crypto-currency-ecb/reuters-next-ecbs-lagarde-calls-for-regulating-bitcoins-funny-business-idUSL1N2JO0RM

[ghandi]

I really like and encourage critical thinking. But starting your "critical thinking" process by simply denying a election result is not my understanding of "critical thinking" it's more like a state of denial. There are people who simply claim there is no pandemic because there are no viruses in the first place. Thats not "critical thinking" that's just a straightforward lie. And this stuff somehow has to be controlled in the future. Otherwise the whole internet idea collapses in itself, because the people are not able to cope with the "information" aka "lies" they read.

//But i obligate to go back to the bitcoin price movement, instead of arguing over the internet.

As free people, we all have the right to think whatever we want and believe whatever we choose to, including denial. There is nothing illegal about choosing to believe something that is seen as false by 99% of the rest. When something truly sinister happens in the world, you'll be thankful for these overly suspicious conspiracy theory believers/non-believers.

Nothing has to be "controlled". We succeeded in surviving as a species for millions of years just fine without any control. In fact, religious control set us back a couple thousand years. That should be enough of a lesson right there to stop the idea of controlling anything beyond setting clear laws and enforcing them. Just punish those who break the law and ignore the voices you don't agree with.

If enough people really get behind an idea or a person, there is probably some truth behind what they believe. Nothing in life is black or white. Everything is a shade of gray. What you have to ask is "why" so many people like Trump. Do you really believe they are all mentally ill? Critical thinking would be trying to understand what people see in Trump, not saying we must control something so people don't end up liking a guy like Trump.

I just don't like the idea of "endless critical thinking without limitation because i can always go MORE critical". So if Trump is not the problem, suddenly the senate is. If the senate is not, than what is next? It's just a loophole without an end. Just like an 6 year old who found out, he can rule over his parents by just going on with "and why?".

I like the idea of provable and repeatable experiments. I like the work of people falsify flatearth theories with plain physics ANYBODY can re-test. I don't like endless "i won, trust me" bullshit. Don't care from which side. Either bring a proof i can challenge or gtfo.

That's the nice thing about bitcoin. I don't have to trust my bank that my funds are safe. I can mathematically proof they are safe and they are there. No discussion possible. Either you have the private key or not. End of story.

And i don't like to see more and more people depart into this abyss of endless critical thinking based on just nothing.

[serveria.com]

So this time next year whereabouts will the BTC price be?

I'm going with $80,000.

It would be way more interesting to find out what the price will be in November-December 2021...    but I guess we can easily drop to $80k in January 2022 falling down from the heights of a blowoff top!  

[xhomerx10]

When you can’t go anywhere without overhearing people excitedly talking about crypto, get ready to sell.  

I am not going anywhere for almost a year now...so that indicator won't work for me  

 Yeah, the gov't just declared another stay-at-home order here for a month; we can only go out for essential trips or risk fines and imprisonment.  It already feels like imprisonment though so I'm not sure that's a deterrent.  If the fines are less than the upside by keeping my ear to the ground about crypto Bitcoin, it might be worth it.

[Phil_S]

but I guess we can easily drop to $80k in January 2022

Oh no!

Scary!

[d_eddie]

In other news, the H&S painted on the hourly was totally fake. She bounced from the bottom of the right shoulder like a mofo.

(Not implying we're not in for a bit more pain yet.)

[philipma1957]

Anybody know this idiot Stefan Thomas really exists? https://www.businessinsider.de/wirtschaft/finanzen/bitcoin-vergessenes-passwort-kann-viele-millionen-euro-kosten-a/?amp

Telling in the article how great banks and governments are and why bitcoin is not that great. Because he lost his password to 7002 bitcoins. Sounds like a another fake story from fakestream media to me.

lets say he lost his password for 7002 coins.

I would think that he could toss 1,000,000 usd at it to crack the password.


7002 x 33000 =  231 million plus

[True Myth]

In other news, the H&S painted on the hourly was totally fake. She bounced from the bottom of the right shoulder like a mofo.

(Not implying we're not in for a bit more pain yet.)

I'm going to go out on a limb (or shoulder) and say we are looking pretty good

[UnDerDoG81]

Just received an email from Ledger wich looks legit since it's coming from Ledger.com. I dont exactly understand what they mean here?

FINALLY, keeping you secure is our reason for existing. We will soon release a technical solution that will remove the 24 words as the single pillar of the security of our hardware wallets and will open the door to funds insurance.

Is it possible that hackers can figure out the 24 phrase and steal the coins?

[WastedLTC]

Anybody know this idiot Stefan Thomas really exists? https://www.businessinsider.de/wirtschaft/finanzen/bitcoin-vergessenes-passwort-kann-viele-millionen-euro-kosten-a/?amp

Telling in the article how great banks and governments are and why bitcoin is not that great. Because he lost his password to 7002 bitcoins. Sounds like a another fake story from fakestream media to me.

lets say he lost his password for 7002 coins.

I would think that he could toss 1,000,000 usd at it to crack the password.


7002 x 33000 =  231 million plus

Why can't a 1:1 sector image of the drive be taken to allow for more attempts?   

[JimboToronto]

Good morning Bitcoinland.

The battle for $35k continues... currently $34275USD/$43610CAD (Bitcoinaverage).

Still waiting for my check to clear so I can get my actual real cash and go buy some more coin. This buying opportunity won't last forever.

It's already been consolidating here for 2 days. It's bound to start going up again soon.

[dieselmeister]

But at the same time, I think that something has to be done about the spreading of incitement and untruths.

https://bolenreport.com/saul-alinskys-12-rules-radicals/

without having read it in detail, i only skimmed it, i don't understand where this fear of a socialist state comes from.

don't you distinguish between communism and socialism? i live in a social democratic country and can't understand this bashing of socialism. i'm glad that the state has various social safety nets and i'm willing to pay for them.

social democratic is not socialims. GDR (german democratic republic - eastern germany bevor 1990) was socialism. Cuba was socialism. The whole easten countries before 1990 were mostly socialism. Now you can ask yourself. What is maybe bad on socialims and why had the GDR shoot people to death on their borders, who only wants to leave the county (to west germany).
Socialism doen't work without force and suppression. In the end you have to shoot people who wants to leave your socialist paradise, because in the end your country will be empty. Damit, it's only 30 years ago, halve of europe were socialist paradises. History show us socialims is bad. All the time. And no, if you say, that's not real socialism and you would made it beter than all the others, than you are someone with a megalomanic complex. socialism doesn't work. and a social democracy like here in germany is basically capitaism with a social net for people who has no work. And this system cost hugh amount of money. And it will collapse, if we continue this here. But this is another story.

[cAPSLOCK]

This is not about claiming all conservatives are bad apples. This is about acknowledging that Trump is a bad apple and getting rid of him and his enablers.

As much as the gaynime is disturbing to my straightness, I approve of this line.

[Lucius]

Just received an email from Ledger wich looks legit since it's coming from Ledger.com. I dont exactly understand what they mean here?

FINALLY, keeping you secure is our reason for existing. We will soon release a technical solution that will remove the 24 words as the single pillar of the security of our hardware wallets and will open the door to funds insurance.

Is it possible that hackers can figure out the 24 phrase and steal the coins?

Don't trust anything that comes from Ledger anymore, even their legitimate e-mails usually automatically goes to spam after their users' database was hacked half a year ago. Hackers can not crack or guess your seed, the matter is much more complicated than what we see (24 words).

Take a look at this post and some of these things can become much clearer -> https://bitcointalk.org/index.php?topic=5308431.msg56071683#msg56071683

[Porfirii]

Just received an email from Ledger wich looks legit since it's coming from Ledger.com. I dont exactly understand what they mean here?

FINALLY, keeping you secure is our reason for existing. We will soon release a technical solution that will remove the 24 words as the single pillar of the security of our hardware wallets and will open the door to funds insurance.

Is it possible that hackers can figure out the 24 phrase and steal the coins?

I don't think so, but they may want to cover their backs after so many bad news, so the technical solution to "remove this single pillar" could easily be a simple 2FA or something similar (and that would make it easier to lose access to your funds than getting them robbed, but it is up to them).

When they talk about funds insurance, I hope they're not talking about insurance companies

Anyway, I think we went a bit off-topic here. Back to talk about the H&S and about the bull run ignoring it (hopefully).

[UnDerDoG81]

Just received an email from Ledger wich looks legit since it's coming from Ledger.com. I dont exactly understand what they mean here?

FINALLY, keeping you secure is our reason for existing. We will soon release a technical solution that will remove the 24 words as the single pillar of the security of our hardware wallets and will open the door to funds insurance.

Is it possible that hackers can figure out the 24 phrase and steal the coins?

Don't trust anything that comes from Ledger anymore, even their legitimate e-mails usually automatically goes to spam after their users' database was hacked half a year ago. Hackers can not crack or guess your seed, the matter is much more complicated than what we see (24 words).

Take a look at this post and some of these things can become much clearer -> https://bitcointalk.org/index.php?topic=5308431.msg56071683#msg56071683

Ok great, thanks!

[cAPSLOCK]

But at the same time, I think that something has to be done about the spreading of incitement and untruths.

https://bolenreport.com/saul-alinskys-12-rules-radicals/

without having read it in detail, i only skimmed it, i don't understand where this fear of a socialist state comes from.

don't you distinguish between communism and socialism? i live in a social democratic country and can't understand this bashing of socialism. i'm glad that the state has various social safety nets and i'm willing to pay for them.

In my country (USA) they are actually talking about giving people different levels of aid based on race.

This is not progress.

Oh God.  I posted something political.. this is going to make Bob post some more gay anime. 

[cAPSLOCK]

So this time next year whereabouts will the BTC price be?

I'm going with $80,000.

Wow... It will have dropped a lot then.