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

[Elwar]

https://twitter.com/nntaleb/status/1365992969413746690

Fuck, fuck, fuck, fuck, fuck, this guy. Seriously. He's literally trying to now equate participants in Bitcoin with Communism or Socialism.

If I had a twitter account, I would seriously rip him a new one.  

Why people even give a shit what he says or thinks is beyond me.

Pisses me off that people push the lie that libertarianism is utopian. So double fuck this guy.

WTF is Bitcoinism anyway?

Here's a good synopsis of what Utopia was.

https://lbry.tv/@Seasteading:8/seasteading-utopian-fantasy:9

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[marcus_of_augustus]

next leg up takes us to 75-100k

[Biodom]

https://twitter.com/nntaleb/status/1365992969413746690

Fuck, fuck, fuck, fuck, fuck, this guy. Seriously. He's literally trying to now equate participants in Bitcoin with Communism or Socialism.

If I had a twitter account, I would seriously rip him a new one.  

Why people even give a shit what he says or thinks is beyond me.

Pisses me off that people push the lie that libertarianism is utopian. So double fuck this guy.

WTF is Bitcoinism anyway?

I don't know bitcoinism, but WO-centrism is fine like a good red wine.
NT-maybe lost some money shorting bitcoin, lol
Right, if libertarianism is utopian, then what next-freedom is utopian as well?

BTW, NT thread contains this video, which is quite cool (a structure emerges from chaos)...enjoy:
https://twitter.com/i/status/1365667289157222406

next leg up takes us to 75-100k

and then...go on.

[JayJuanGee]

Sure, bears shit too, and they shit tons, I hear...

Especially since about September 2020.... go figure.

picture s

Protip: The clean version does not work as well.

its the best bitcoin song ever made

https://www.youtube.com/watch?v=JaMJi1_1tkA

I've survived to my present age, without ever contracting any sexual diseases.

I now have full-blown AIDS after watching that diseased production.

Skipped HIV. Straight to AIDS.

Thanks, asshole.

I am sorry for your loss... but... (or maybe BUTT?)

Never heard of dose tingilies mentioned in ur pic.  (Don't bodder 'splainin)

https://twitter.com/nntaleb/status/1365992969413746690

Fuck, fuck, fuck, fuck, fuck, this guy. Seriously. He's literally trying to now equate participants in Bitcoin with Communism or Socialism.

If I had a twitter account, I would seriously rip him a new one.  

Why people even give a shit what he says or thinks is beyond me.

You are the one who quoted him...         

I doubt people in the know give him much credence - he is starting to spout out the same kinds of incoherent  and detached from reality points as some of the other bitcoin naysaying "scholars."

https://twitter.com/nntaleb/status/1365992969413746690

Fuck, fuck, fuck, fuck, fuck, this guy. Seriously. He's literally trying to now equate participants in Bitcoin with Communism or Socialism.

If I had a twitter account, I would seriously rip him a new one.  

Why people even give a shit what he says or thinks is beyond me.

Pisses me off that people push the lie that libertarianism is utopian. So double fuck this guy.

WTF is Bitcoinism anyway?

Another good point... There is no such a thing... (consider my attempt at eloquence)

[lightfoot]

WTF guys ('n' gal)?

Bitcoin is expected to reach $400k THIS year, and you're talking about TP savings?

Sure, bears shit too, and they shit tons, I hear...

The Jap Bidet I can understand, but TP?  

It's not about saving TP, it's about enjoying your anus.

Edit: Wait, that didn't come out right.

Edit: That didn't either. Ug.

[savetherainforest]

https://twitter.com/BrianLockhart/status/1365944242560847872?s=20

You said "Doge"-what now??    

[Richy_T]

Another good point... There is no such a thing... (consider my attempt at eloquence)

It's simple projection. The Marxists think their ideas will bring about a perfect world (this time) so they think others must be aiming for the same thing rather than simply a better option.

[Biodom]

Another good point... There is no such a thing... (consider my attempt at eloquence)

It's simple projection. The Marxists think their ideas will bring about a perfect world (this time) so they think others must be aiming for the same thing rather than simply a better option.

Who are those marxists? lol
Wall street went all ga-ga for communist (and I assume marxist) China, which makes them the biggest marxists supporters of all.
Chinese make about 20% of the all imported goods in US ($451bil in 2019), all thanks to prior direct investment.

[Arriemoller]

I liked the almost 60k feeling, I felt rich, now not so much.

Edit: I even started buying soft 4 ply toilet paper, back to the cheap generic recycled stuff again.

I recommend Costco's brand. Decently priced, decent quality and the rolls aren't excessively narrow like the ones my daughter brought home last week.

We don't have Costcos here. And it's impossible to find non narrow paper anymore. I have actually been contemplating buying decent sized TP on Amazon.

[Arriemoller]

Good morn Bitcoinland.
Four three four three four dollars
(Bitcoinaverage).

Bouncing up and down,
Coiling consolidation,
Primed for next leg up.

My birthday today, I'm now 60, got celebrated by the family earlier.
I didn't really care that much when I turned 50, but 60 does make me feel a bit old.
O well,nothing I can do about it, back to the internet and my model rocket rabbithole.

Happy B-day Arrie.

Remember how much
Life seemed to improve after
You reached your 40s?

I think that you'll find
60 is even better
Onward and upward.

Thanks Jimbo!

[600watt]

Lyn Alden’s latest: https://www.lynalden.com/february-2021-newsletter/

Bit of a long one but the essence for this thread is:
* if inflation UP (=expected)
* and FED does Yield Curve Control (press interest rates down)
* =bullish for Bitcoin.

Make it so 

merited for pristine macro input. Lyn is killing it. she even puts out long research pieces calling out the ETH scam. one of us. 

[600watt]

Another good point... There is no such a thing... (consider my attempt at eloquence)

It's simple projection. The Marxists think their ideas will bring about a perfect world (this time) so they think others must be aiming for the same thing rather than simply a better option.

Who are those marxists? lol
Wall street went all ga-ga for communist (and I assume marxist) China, which makes them the biggest marxists supporters of all.
Chinese make about 20% of the all imported goods in US ($451bil in 2019), all thanks to prior direct investment.

"All I know is that I am not a Marxist."

Karl Marx

[Arriemoller]

I liked the almost 60k feeling, I felt rich, now not so much.

Edit: I even started buying soft 4 ply toilet paper, back to the cheap generic recycled stuff again.

Man, if you want an investment that pays a lifetime of dividends, Buy.... a..... bidet :-)

Seriously, this whole lockdown thing has given my life one major change: The incredible value and personal delight of a toilet mounted bidet. Even a $40 basic unit is so, so, so deliciously nice. I can't believe I lived my life without one for so long, all those wasted years.....

I am going to remodel one of my bathrooms this year and a key reason is to put a power outlet near the toilet so I can try one of those $300 Japanese heated, vented, powder your ass with gold bidets.

But a $30-$40 one is such a life improvement over wooden logs it's just amazing.

I might, I have actually thought about it.
In the mean time I paid a friend to make me this, might hang it on the toilet.

It says (a)" big dick is a small comfort in a poor home".

[dieselmeister]

I am cautious, but maybe we have a breakout here. the 4h candle is not clear, but the 1h show some rejections and now it goes up. Hope nobody dump 10k coins at once at this fragile point... I don't want to jinx it...

[Arriemoller]

Price going up yo!

[Arriemoller]

Lol, just read the dieselmasters post and realized that you can kind of see the difference between Swedes and Germans in our two posts.

[dieselmeister]

Lol, just read the dieselmasters post and realized that you can kind of see the difference between Swedes and Germans in our two posts.

  lol

[Karartma1]

Chill out.  

All this has been foreseen.

You will be laughing about this in 2020.

HairyMaclairy knew it all along. December 2018!!!

Good morning WOhatters, I feel I need to pump some Monday enthusiasm to you all.
Don't forget why you are here:

Yes, [we will not find a solution to political problems in cryptography,] but we can win a major battle in the arms race and gain a new territory of freedom for several years.

[dieselmeister]

The German:

I am cautious, but maybe we have a breakout here. the 4h candle is not clear, but the 1h show some rejections and now it goes up. Hope nobody dump 10k coins at once at this fragile point... I don't want to jinx it...

The Swede:

Price going up yo!

[ivomm]

When has the top of a cycle ever been just over 2 x the previous cycle high? Come on guys, you’re better than this FFS. This is just a regular (close to) 30% correction which happens multiple times in a bull run.

Rinse & repeat guys, we’re only at the second significant dip of this bull run (post halving).

This is the last bull run



You’ll see multiple significant corrections on the way up to $19,xxx.

Some of you have been in bitcoin even longer than me. Sack up FFS!

My calculations show that the correction from 58 400 to 43 000 is 26.3%. This doesn't even qualify for a significant 30%+ correction! And the claim that this is the end of the bull cycle is too premature and quite bearish. The support down to 40K looks pretty solid compared to the sell pressure, if we look at the depth charts of the main exchanges (even Bitstamp). So most probably we are going sideways for some time before resuming the bull run. My bullish expectations are 150-168K at the end of June and 333K-400K at the end of the year. The worst I can imagine for this year is half of the latter prices, i.e. 84K in June and 168K at the end of the year. However, we are on the track for the first scenario, and these 2 little corrections only improve the chances for that. #provenbymathandscience