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

[Gyrsur]

can we stop talking about Elon (NoBitCoiner) Musk please?  

FTFY!!

https://youtu.be/T8eonvC_mDo

https://youtu.be/oMgEJ9YGHpk

ORIGINAL:
https://youtu.be/sJj9y4t9UnU
https://youtu.be/hZvv8zGGEEI

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[DaRude]

Huuuge pump out of nowhere and then super low volume again. Lets see when this drops sub 40k again... I think within 12 hours bears will dump it down again.

50k this week... by Friday and thats being bearish

Fingers crossed. But with such incredible news we should be at 100k already lol.

Some news and data on f2pool dumping and how the market manipulation could go on forever:

https://www.youtube.com/watch?v=4BCGruDFPyU

Only BTC900 are mined daily, he's showing f2pool's mining market share is 16.4%, that puts them at BTC147.6/day. Moving BTC40k in one day means they're moving 271days worth of their mining. Now explain the maths on how it could go on forever? Not even going into how moving coins != selling

[Biodom]

I also have too much time on my hand so I looked into the Levan Polkka.
It's a Finnish polka about a girl who goes out partying against her parent's will.

https://www.youtube.com/watch?v=7yh9i0PAjck

It then apparently somehow made it to Japan

https://www.youtube.com/watch?v=TU4wnVrZXo4

And was then picked up by a Turkish blind drummer sitting on a bench drumming, and that then got a life of it's own, resulting in the video we all love.

https://www.youtube.com/watch?v=CAyWN9ba9J8

there is also tropical/eastern european techo-Levan Polkka:
https://www.youtube.com/watch?v=Utud81Xc-fA

and a farmer version (old):
https://www.youtube.com/watch?v=L8fW2n_ma9Y

some WO's are trying to counterfeit it. 

https://youtu.be/0eVauFwBS4g

that's hilariously good...

[JayJuanGee]

Can we agree instead of mentioning shitcoin speculating/mining in WO to accumulate more BTC to just say

"bought BTC"

to replace

"converted shitcoin X to BTC"

and the likes?

Because $ and € (and co.) are shitcoins as well, right?
And it's called "buying BTC" then, right?

For me, if i ever hold some shitcoin and convert it to Bitcoin, i will only write "bought more BTC", "bought this dip" or whatever in here.
It's basically the same as converting fiat to BTC, isn't it?
Would just tidy up this thread a bit more while shillers are kindly asked to GTFO, as usual.

Of course this thread initiated in regards to watching dollar btc walls.. but sure, there has been some evolutions over the years including greater appreciation that the dollar is a shitcoin.. but it is still a standard upon which we measure BTC value.. even though there have been other means of measuring BTC's value proposed through the years.

I surely do not believe in the bullshit assertions that all value needs to be held in bitcoin, even though such practices might work for some people.. most people need some kind of balance of value to be maintained in one kind of fiat or another, just to accommodate the ongoing living (and even luxury) expenses that they are paying in such fiat.. whether daily, weekly, monthly or some other period in which some of their various living expenses arise.

[OutOfMemory]

Huuuge pump out of nowhere and then super low volume again. Lets see when this drops sub 40k again... I think within 12 hours bears will dump it down again.

50k this week... by Friday and thats being bearish

Fingers crossed. But with such incredible news we should be at 100k already lol.

Some news and data on f2pool dumping and how the market manipulation could go on forever:

https://www.youtube.com/watch?v=4BCGruDFPyU

Only BTC900 are mined daily, he's showing f2pool's mining market share is 16.4%, that puts them at BTC147.6/day. Moving BTC40k in one day means they're moving 271days worth of their mining. Now explain the maths on how it could go on forever? Not even going into how moving coins != selling

Easy. They have (according to their co-founder as named in the video) 1mil BTC reserve. They can use this to dump at higher prices (on pumps, sells set at certain level) and buy back at lower prices through short futures/options (resulting in more bitcoin in their wallets). Rinse and repeat. As explained in the video (and the preceding one on that topic from the same content creator).
 

[Gyrsur]

some folks from Georgia celebrating new ATH in Euro. 

https://youtu.be/g9Uj696oRyg

[UnDerDoG81]

Huuuge pump out of nowhere and then super low volume again. Lets see when this drops sub 40k again... I think within 12 hours bears will dump it down again.

50k this week... by Friday and thats being bearish

Fingers crossed. But with such incredible news we should be at 100k already lol.

Some news and data on f2pool dumping and how the market manipulation could go on forever:

https://www.youtube.com/watch?v=4BCGruDFPyU

Unfortunately, thats the weakest point of Bitcoin, like it is the weakest point of any money/value system. Its always the same. A small group owns the most and controls the rest of the 99%. In every Bullrun since 2013 we had some group manipulating the price. MtGox. Then 2017 there was the Tether printing (still going on) and now its f2pool.

[Biodom]

I also have too much time on my hand so I looked into the Levan Polkka.
It's a Finnish polka about a girl who goes out partying against her parent's will.

https://www.youtube.com/watch?v=7yh9i0PAjck

It then apparently somehow made it to Japan

https://www.youtube.com/watch?v=TU4wnVrZXo4

And was then picked up by a Turkish blind drummer sitting on a bench drumming, and that then got a life of it's own, resulting in the video we all love.

https://www.youtube.com/watch?v=CAyWN9ba9J8

there is also tropical/eastern european techo-Levan Polkka:
https://www.youtube.com/watch?v=Utud81Xc-fA

and a farmer version (old):
https://www.youtube.com/watch?v=L8fW2n_ma9Y

some WO's are trying to counterfeit it.  

https://youtu.be/0eVauFwBS4g

More polkka:

Hutsune Miku (anime)-previous japanese version was human singers pretending to be Hatsune Miku:
https://www.youtube.com/watch?v=ZjDZrReZ4EI

Same in hardstyle remix
https://www.youtube.com/watch?v=f23SOgDxx6o

makes me wish i can go out and freaking do something, including dancing, lol.
someone needs to drop Elon into Bilal's polkka session.

BTW, when 44?
EDIT: now
EDIT2: man, Elon is there already:
https://www.youtube.com/watch?v=Z4zNI3eSI-I

[Gyrsur]

Blueprint for the 1^st hour of the $100k party?

https://youtu.be/ua95fPR6HC8

Hookers and Blow you know?

[OutOfMemory]

Can we agree instead of mentioning shitcoin speculating/mining in WO to accumulate more BTC to just say

"bought BTC"

to replace

"converted shitcoin X to BTC"

and the likes?

Because $ and € (and co.) are shitcoins as well, right?
And it's called "buying BTC" then, right?

For me, if i ever hold some shitcoin and convert it to Bitcoin, i will only write "bought more BTC", "bought this dip" or whatever in here.
It's basically the same as converting fiat to BTC, isn't it?
Would just tidy up this thread a bit more while shillers are kindly asked to GTFO, as usual.

Of course this thread initiated in regards to watching dollar btc walls.. but sure, there has been some evolutions over the years including greater appreciation that the dollar is a shitcoin.. but it is still a standard upon which we measure BTC value.. even though there have been other means of measuring BTC's value proposed through the years.

I surely do not believe in the bullshit assertions that all value needs to be held in bitcoin, even though such practices might work for some people.. most people need some kind of balance of value to be maintained in one kind of fiat or another, just to accommodate the ongoing living (and even luxury) expenses that they are paying in such fiat.. whether daily, weekly, monthly or some other period in which some of their various living expenses arise.

Looking far ahead, you are.
And you are right, but just for reducing mentioning shitcoin names and signs, wouldn't that be a preferable consensus?
Sure, BTC will (probably) never replace (all) fiat currencies, and as it seems governments start or consider to create their electronic fiat counterparts lately, which it won't be replacing either.

However, just an idea on how to keep this thread a little cleaner...
Of course, we can go on shouting at and batslapping each other if one shows the balls (or lacks the knowledge of WO culture) and mentions shitcoin names. Not really a problem  

[samson]

Only BTC900 are mined daily, he's showing f2pool's mining market share is 16.4%, that puts them at BTC147.6/day. Moving BTC40k in one day means they're moving 271days worth of their mining. Now explain the maths on how it could go on forever? Not even going into how moving coins != selling

The guy said himself on Twitter that the amount dumped is less than 10% of their massive reserves, not sure if he was trolling though, he also mentioned having mined a million coins in total.

The point would be to accumulate more coins from the dumps....so it's self funding and could go on forever but people can pre-empt it if they're clever, and people are very clever.

[philipma1957]

for those of you hoping sars-cov2 is going to go away there is some possible bad news ahead. Vaccines might be only 10% effective against the new strains, that seem to 'evolve' on a timeline curiously just out of reach for vaccine development

it is possible the new vaccine variant rollouts every 9 months will make big pharma stupendous profits for 5-10 years at least, ( they found over 2k bat coronaviruses in the cave in Yunnan for future reference, and can dial in any old spike protein you like in the Wuhan lab of virology, and who really knows what Mother nature will throw up when you open that Pandora's Box and let it run wild in humanity for a decade??)

and in case the plagues are not depressing enough for you here's something to sober you up properly.

the historical schedule with a progression of plagues, civil unrest, political extremism, monetary upheaval, currency wars, trade wars and finally hot war has escalated to the product hoarding and blockade stage (china has now raided the grain markets and ceased semi-conductor exports).... hot wars are a very real possibility in the near future " when goods stop crossing borders armies start crossing borders"

More often than not I disagree with what you have to say.

Unfortunately  This post of yours may be fairly accurate.

[OutOfMemory]

Huuuge pump out of nowhere and then super low volume again. Lets see when this drops sub 40k again... I think within 12 hours bears will dump it down again.

50k this week... by Friday and thats being bearish

Fingers crossed. But with such incredible news we should be at 100k already lol.

Some news and data on f2pool dumping and how the market manipulation could go on forever:

https://www.youtube.com/watch?v=4BCGruDFPyU

Unfortunately, thats the weakest point of Bitcoin, like it is the weakest point of any money/value system. Its always the same. A small group owns the most and controls the rest of the 99%. In every Bullrun since 2013 we had some group manipulating the price. MtGox. Then 2017 there was the Tether printing (still going on) and now its f2pool.

The thing is, i felt that most of us were welcoming BTC futures and options contracts, probably as a sign of ongoing adoption, while i had a bad feeling from the beginning.
Regulation could help, but do we want that, like fighting fire with fire?

EDIT: I also think that CME etc. added more gravity to price manipulation than Tether. Tether is just another electronic fiat pendant, imo. Like an experimental approach to a future e-Dollar... Could be that i underestimate Tether impact, i didn't dig into the details much, yet.

[serveria.com]

Another pump brewing? 

[lightfoot]

Blueprint for the 1^st hour of the $100k party?

https://youtu.be/ua95fPR6HC8

Hookers and Blow you know?

I'm thinking more like the DefCon parties of old.

I swear to god, I have not been able to do shit today. Too much giggling.

[DaRude]

Huuuge pump out of nowhere and then super low volume again. Lets see when this drops sub 40k again... I think within 12 hours bears will dump it down again.

50k this week... by Friday and thats being bearish

Fingers crossed. But with such incredible news we should be at 100k already lol.

Some news and data on f2pool dumping and how the market manipulation could go on forever:

https://www.youtube.com/watch?v=4BCGruDFPyU

Only BTC900 are mined daily, he's showing f2pool's mining market share is 16.4%, that puts them at BTC147.6/day. Moving BTC40k in one day means they're moving 271days worth of their mining. Now explain the maths on how it could go on forever? Not even going into how moving coins != selling

Easy. They have (according to their co-founder as named in the video) 1mil BTC reserve. They can use this to dump at higher prices (on pumps, sells set at certain level) and buy back at lower prices through short futures/options (resulting in more bitcoin in their wallets). Rinse and repeat. As explained in the video (and the preceding one on that topic from the same content creator).
 

Again, at BTC147.6/day they'd need 18.5years to accumulate BTC1MM without selling a single satoshi to fund their operations. Even if we pretend that they have a time machine, eyeballing the charts looks like they already transferred out about BTC90k so even then they could only do it 11more times before they're bone dry and can only supply BTC147/day for next 3 yrs after which it'll become BTC73.5/day then in 4 yrs after that just BTC36.75/day ... it's maths

Edit: Bah maths work both ways, so if we assume their market share was constant they were mining BTC294/day a year ago. But i have hard time believing that they own 6% of all BTC in existance, in either case i might have a buyer for them (AAPL)

[OutOfMemory]

Another pump brewing? 

Good morning asia 

[lightfoot]

Easy. They have (according to their co-founder as named in the video) 1mil BTC reserve. They can use this to dump at higher prices (on pumps, sells set at certain level) and buy back at lower prices through short futures/options (resulting in more bitcoin in their wallets). Rinse and repeat. As explained in the video (and the preceding one on that topic from the same content creator).
 

Doubt it. They like everyone else have to pay for power/slaves/bribes/storage/etc. So although I'm sure the mining portion of the pool has a fuckload of bitcoin it's nowhere near 1m.

[Agapios]

So how soon until Amazon (Bezos) counters Musk and adds and/or buys bitcoin ? I heard Bezos is a bit of a copy cat

[OutOfMemory]

Easy. They have (according to their co-founder as named in the video) 1mil BTC reserve. They can use this to dump at higher prices (on pumps, sells set at certain level) and buy back at lower prices through short futures/options (resulting in more bitcoin in their wallets). Rinse and repeat. As explained in the video (and the preceding one on that topic from the same content creator).
 

Doubt it. They like everyone else have to pay for power/slaves/bribes/storage/etc. So although I'm sure the mining portion of the pool has a fuckload of bitcoin it's nowhere near 1m.

So you think it's just trolling?