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

[serveria.com]

I wonder where's that savetherainforest fuck? Lost one of his properties today I guess?  

[Phil_S]

Oh my! Where in the world they find these shitty TAs? What is that they'll find in a BTC graph next? A dick pointing down as a bearish sign?   

BTC going up as a bearish sign.

[Sayeds56]

A friend just bought this one..... cool isn’t it

If:
cool = another level of retard

Then:

I agree   - cool

BAT PATTERN OF BTC

Oh my! Where in the world they find these shitty TAs? What is that they'll find in a BTC graph next? A dick pointing down as a bearish sign?   

Technical analysis is not a perfect science, it is science of Probabilities. It goes right more than 60% but can go wrong as well. It is based on Historical data, what happens yesterday same will happen tomorrow because typically Human behaviour never changes.

[shahzadafzal]

that was quick delivery. thank you.

keep in mind that the "chain of blocks" that satoshi referred to is just a chain of blocks. one could also say "block chain" and even making it only one word "blockchain" is not a crime. to satoshi and to bitcoinMaxis this chain of blocks is the transaction history of the bitcoin protocol.
a transaction history is needed for the protocol to check if an UTXO is really an UnspendTXO. that is it. it is no technology, and - god forbid - not an invention at all.

just because everyone and there grandma is parroting "blockchain is the technology behind bitcoin" does not make it a technology. it is not. satoshi did not try to find a tech that made lying and cheating impossible. he tried to solve a problem in computer science - the double spend problem and by knitting together a handful of established cryptographic tools he was able to eliminate trust in a special p2p network without central authority. the bitcoin protocol is a pre-set closed system.

no btc token can be taken out of the protocol or added to it. (the ones that are not mined yet are already in the system, but not released yet. the release rate is known and also fixed from the get go.)

since it is a closed system, no "actual" input is necessary nor even possible. if you have keys to UTXO`s the bitcoin protocol let´s you choose how many you wish to send to another address. but that is it. that is no input from "outside", that is just an option to slice the UTXO. since there is no input possible, no one can cheat. everyone agrees on the same ledger, trust is eliminated, and since no owner or central authority is protecting the protocol satoshi set game theoretic rules that make it profitable to sell electric energy to the network in order to protect the network. the protectors get paid in fresh (but pre-set) UTXO sets. it is always more profitable to play with the rules of this closed system than working against it.

all this complicated cryptography, the consensus rules, the UTXO set, etc , etc created a closed system of ledger entries, that no one ever can fuck around with. great, but of what use is such a pre-set protocol that can´t do anything but sending around fractions of its native data entries back and forth?

it is utterly useless. it does not "communicate" or react with the outside world. you can´t use it for anything. only for one thing: a globaly monetary network. since money is the most important economic good and tool this very very special technology with only one use case "cant be fucked around with/manipulated or stopped" has such an impact.

lots of folks were hit by the impact - wtf - the dirty cheating lying monster that we call internet, that we all know, cannot be trusted one second, gave birth to a technology where no one can cheat???  how the fuck does this work?  and when others started explaining: look, there is this chain of blocks...  blockchain became a buzzword and then came the banks with the "blockchain-not-bitcoin" narrative.

blockchain does not magically enforce honesty in any way. it cant. as soon as you have data entries made by humans, those humans can lie or cheat and the software will never be able to tell because the real world is not the same as the digital realm. only bitcointechnology is able to connect both worlds.

after several years of this nonsense no other "blockchain" is used to solve any real world problem. blockchain is semantic wasteland as nic carter put it. it is nothing. an communication error.  in the same way that shitcoins are all scams by default since they are just digital tokens that can represent something but cannot enforce anything in a trustless manner as long as they have companies that issue them or control them. no shitcoin is decentralized. they are all pyrit. the only viable thing to represent is money. and the digital money token problem is solved by the bitcoin protocol.

blockchains/shitcoins are often said to enhance/proof/establish property rights/ownership of whatever. but they cannot. you cannot tie real world stuff into the digital realm in a trustless but enforcable manner. the bitcoin protocol can do this but only with pre-set tokens and that invention is already done and running and that is why it is worth almost a trillion USD.
 

that is some pretty hardcore explanation and no wonder its been 10 years and not a single practical use of blockchain exist... and every other so called "block-chain" idea first brings their own token for money sucking and then some shit revolving around "block + chains".

Trust me after my little R&D I intentionally did not use the word "technology" for the blockchain but i said "concept", and I still believe it is a concept. Satoshi did bring this concept and that's a Bitcoin or like they way you said bitcointechnology and if you try to apply this "block chain" concept without bitcoin it will produce nothing.

But oh boy look at books and courses available online for sale... "Blockchain Revaluation", "Blockchain for Business", "Blockchain Financial Services Resolution" you name it, even I saw a training course offered by "IEEE.org" and its funny the image they added in course their description to present a Blockchain


in short bitcoin is the revolution and bitcoin is the technology of the future and its not going anywhere... at least until year 2140.

Google didn't invent the blockchain. Otherwise, a search for "encryption" would deliver tens of thousands of results featuring the term "blockchain", along with some blockchain ads. Internet politics. Shitty as everything political.

Wo wonder search for "Bitcoin" also have only three pages and "total 128 results" only for Bitcoin....  that's even less than blockchain and cryptocurrency.... there is something serious going on with these big tech companies and that's why Bill Gates always speaking against bitcoins... sure enough they will adopt only if they get to control Bitcoin some how.

[Hueristic]

https://www.youtube.com/watch?v=v7iAqcFCTQQ

[JayJuanGee]

That's why I'm holding to 2025 

Expecting anything disastrous to happen in 2026?

The cycles would suggest 2025 to be better than 2026 - but of course, there are no real guarantees exactly how cycles might fall... and therefore, none of us should be getting too wedded to any exact pattern - even though it still may be reasonable to use as a kind of guide -until and unless something better comes along.

  For example, there could be an outrageous peak and then dump in 2025 that would then cause 2026 to play out better than 2025.. Can think about the new pattern as a kind of 2013 double top scenario that drags out into 2026, and surely we are not even limited to previous patterns that still kinds of stick to the overall grander background pattern with more noise in the middle, so, even though the previous BTC price performance cycles have had a certain kind of consistency and patterns to them, there could surely be cases in which the pattern ends up getting messed up on a shorter timeline of 6-18 months, either purposefully or just by the way other related factors (macro or otherwise) play out, but then it may or may not still end up playing out very similarly, once we end up zooming out and looking at the pattern in a broader way (and perhaps after the fact?).

1BTC purchasing power!

There is maybe a bear market in between, so we go back to lambo from the house

Don't you wish, you market-timer wannabe.   

You get my drift...

Next halving is in May 2024.
ATH is about 1 year after that. Eta may 2025.
Then a crash to 1/6th of it's price in 2026.
Build up to halving in 2028 and ATH in 2029.

So good vintages are
2013
2017
2021
2025
2029

Years in between are shit years...

Even though you might end up being correct about the 4 year cycles, I would be a bit careful about trying to put too much reliance on such patterns playing out as you are expecting, either financially or psychologically.

Regarding your "shit years" assessment, I am having hard times with that too.  I did not really consider 2018 to 2020 to be that bad.. and of course, 2014 to 2016, I was still in a more accumulation phase.. so maybe milage is going to vary in terms of there are really feelings about those in between years or any real need to worry.

For example in my case, in about early 2019, I started to consider that I did not really need to worry about whether I sold BTC so long as the price was above $5k, and then I started to think that maybe I should move that price up.. and I started to consider the 208-week moving average to be a good price to consider as a kind of longer term bottom, and so long as the BTC price is above the 208-week moving average, I am getting extra profits for any BTC that I might decide to sell... so currently the 208-week moving average is at about $9,800 which is about twice the price of my earlier psychological preference to make sure that I am selling above $5k.. so maybe so much of the extra BTC price appreciation is just a bunch of icing on the cake and I don't really need to worry.. just cash out some or all BTC at any time, so I am having troubles considering that the bTC price is very likely to ever go below $5k especially since historically it usually does not go below the 208-week moving average, and if it does it might be for a week at most (like it did in March 2020)

[serveria.com]

A friend just bought this one..... cool isn’t it

If:
cool = another level of retard

Then:

I agree   - cool

BAT PATTERN OF BTC

Oh my! Where in the world they find these shitty TAs? What is that they'll find in a BTC graph next? A dick pointing down as a bearish sign?   

Technical analysis is not a perfect science, it is science of Probabilities. It goes right more than 60% but can go wrong as well. It is based on Historical data, what happens yesterday same will happen tomorrow because typically Human behaviour never changes.

Wut? Biggest bs I've read here on wo in weeks (if not years). Ok ok prolly except proud honey's and gembitz's masterpieces 

[shahzadafzal]

Happy Women's day (International) to WO chicks!
...if there are any 
Well, I infer that "Bitcoinbunny" is probably a "she", one or two nicks more, MAYBE.

Welcome to the club... well i mean I'm not a lady... but sure enough i like them.

[Parazyd]

Good morning WO. It feels like a good day waking up to 53k
It's also been more than a day of 50k+. NEW NORMAL!

[Cryptotourist]

Thank you very much Homer - awesome - I was feeling a bit left out there.

I guess its my fault... ... But I see pump still happening. HUGE ONE!

FTFY.

Chug a bottle of gatorade after each shot. Apparently it makes the hangover minimal.

Hey, it even has electrolytes. ELECTRO-LYTES.

I wonder where's that savetherainforest fuck? Lost one of his properties today I guess? 

He's off to the doctor today. Hemorrhoids issues, wish him luck.


Observing ~ $53500.
Go BTC, go!

[Sayeds56]

A friend just bought this one..... cool isn’t it

If:
cool = another level of retard

Then:

I agree   - cool

BAT PATTERN OF BTC

Oh my! Where in the world they find these shitty TAs? What is that they'll find in a BTC graph next? A dick pointing down as a bearish sign?   

Technical analysis is not a perfect science, it is science of Probabilities. It goes right more than 60% but can go wrong as well. It is based on Historical data, what happens yesterday same will happen tomorrow because typically Human behaviour never changes.

Wut? Biggest bs I've read here on wo in weeks (if not years). Ok ok prolly except proud honey's and gembitz's masterpieces 

[dieselmeister]

How awesome ... I were nearly fall from my chair by laughing XD

[Cryptotourist]

- APXH ΣOΦIAΣ ΓNΩΣIΣ AΓNOIAΣ - (Kλεόβoυλoς o Pόδιoς, 6oς αι. π.χ.).  <> You start to acquire wisdom, when you acknowledge that you don't know shit.

[dieselmeister]

Welp, vaccinated today guess I'll make through till the next one.

Ha ha, me too (Pfizer), not sure if they injected saline or something (completely inactive) as I did not feel anything, at least locally.
People who are vaccinated with virus vector vaccines at least report something, which may be indicative of a response (soreness, slight fever).
There is no way for me to check that they kept this stuff at -70oC. I might check for antibodies in 3-4 weeks.

Same here, barley felt it, super fine needle.

I think 18 days should be max effect timing.

Wow ... I get my vaccination not until next year, because here in germany they are slow as fuck and the politians were to stupid to get this right ...

[Cryptotourist]

Have fun getting vaccinated guys.

Personally I wouldn't do it - even if my life depended on it, but that's just me.

[Wilhelm]

Welp, vaccinated today guess I'll make through till the next one.

Ha ha, me too (Pfizer), not sure if they injected saline or something (completely inactive) as I did not feel anything, at least locally.
People who are vaccinated with virus vector vaccines at least report something, which may be indicative of a response (soreness, slight fever).
There is no way for me to check that they kept this stuff at -70oC. I might check for antibodies in 3-4 weeks.

Same here, barley felt it, super fine needle.

I think 18 days should be max effect timing.

Wow ... I get my vaccination not until next year, because here in germany they are slow as fuck and the politians were to stupid to get this right ...

Europe is fucking slow because they dictate who gets what.... I’m in Holland....
Want the vaccine ASAP...

[AlcoHoDL]

- APXH ΣOΦIAΣ ΓNΩΣIΣ AΓNOIAΣ - (Kλεόβoυλoς o Pόδιoς, 6oς αι. π.χ.).  <> You start to acquire wisdom, when you acknowledge that you don't know shit.

Merited.

Adding to this:

"The more I know, the more I realize I know nothing." ― Socrates

[Cryptotourist]

- APXH ΣOΦIAΣ ΓNΩΣIΣ AΓNOIAΣ - (Kλεόβoυλoς o Pόδιoς, 6oς αι. π.χ.).  <> You start to acquire wisdom, when you acknowledge that you don't know shit.

Merited.

Adding to this:

"The more I know, the more I realize I know nothing." ― Socrates

Thank you.

Both boil down to the same thing of course.
Socrates was the later, not that it's of any significance, as I'm pretty sure that there were others (not Greek) before Kλεoβoυλoς too.

[Parazyd]

https://www.youtube.com/watch?v=3L4YrGaR8E4

[Wilhelm]

- APXH ΣOΦIAΣ ΓNΩΣIΣ AΓNOIAΣ - (Kλεόβoυλoς o Pόδιoς, 6oς αι. π.χ.).  <> You start to acquire wisdom, when you acknowledge that you don't know shit.

Merited.

Adding to this:

"The more I know, the more I realize I know nothing." ― Socrates

Thank you.

Both boil down to the same thing of course.
Socrates was the later, not that it's of any significance, as I'm pretty sure that there were others (not Greek) before Kλεoβoυλoς too.