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

[bitebits]

Bank of America published the first chart back in 2018 claiming "bubble has popped". Today, we fixed the data for them:


https://twitter.com/DocumentingBTC/status/1374337711344123904

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[ImThour]

[Arriemoller]

We arians are a happy bunch.

When observing such things, one should really examine how the "happiness" is measured. More often than not, it's agenda driven with metrics of "social justice" and "nationalized healthcare" rather than attempting to measure the subjective happiness of countries' citizens directly.

True, you need to know how they define "happiness" if it's gonna make any sense.

Or, it could just be that we are happy because we are the master race.

Oh for crying out loud, I'm just kidding, stop steaming JJG.
Or am I?

I will give you a hint what I think of this list.

This is almost the same list as if you ranked "The top 10 western socialist countries".  So either socialism makes you happy... or someone wants us to think it does.

Also, some of these countries have very high suicide rates.

Evidently it's a hard job being the master race.

No it's not particularly hard.

And none of the countries are socialist countries, they are all western democracies.


And none of the countries have a particularly high suicide rate, pretty average actually.

[LFC_Bitcoin]

@BitcoinOper
2021 has given us 3 major dips averaging -21%

this is normal for #Bitcoin and we'll definitely see more
https://twitter.com/bitcoinoper/status/1374400000742977543?s=21

[Wilhelm]

Pretty please 

That would make 2024-2025 above $5M per BTC 

[vroom]

quantum computer impacts are getting closer: https://arxiv.org/abs/2103.06159

Factoring 2048 RSA integers in 177 days with 13436 qubits and a multimode memory

Caution: They did not build such a computer or even factorize anything with it. They just proposed an architecture and calculated how effective it would be if someone could build it.

So this is no reason to panic, but it feels like the impacts are getting closer.

[lightfoot]

quantum computer impacts are getting closer: https://arxiv.org/abs/2103.06159

Factoring 2048 RSA integers in 177 days with 13436 qubits and a multimode memory

Caution: They did not build such a computer or even factorize anything with it. They just proposed an architecture and calculated how effective it would be if someone could build it.

So this is no reason to panic, but it feels like the impacts are getting closer.

LArgest Quantum computer they can build is 53 Qbits. Still, it is starting to come down the old tracks....

[rdbase]

My contribution to the world of NFT:

https://bitcointalk.org/index.php?topic=5325734.0

Nice Elwar!
But Jack Dorsey's first ever tweet just sold for $2.9mln to the Chief Executive of Oracle.
https://www.bbc.com/news/business-56492358

I think it's the very same guy who is (or was) bidding on Elon musk's NFT.

That mofo is motherFking rich af.

The ethereum network is a buzz to see which pool will be mining that block where it landed on.

[Sayeds56]

@BitcoinOper
2021 has given us 3 major dips averaging -21%

this is normal for #Bitcoin and we'll definitely see more
https://twitter.com/bitcoinoper/status/1374400000742977543?s=21

“There are three certainties in life, death, taxes and 21 million Bitcoins and you must make sure you hold as much of it as possible.” ― Olawale Daniel

[ImThour]

If this is true, I will have $50,000 worth of BTC on April 18th, 2021.

[Karartma1]

quantum computer impacts are getting closer: https://arxiv.org/abs/2103.06159

Factoring 2048 RSA integers in 177 days with 13436 qubits and a multimode memory

Caution: They did not build such a computer or even factorize anything with it. They just proposed an architecture and calculated how effective it would be if someone could build it.

So this is no reason to panic, but it feels like the impacts are getting closer.

LArgest Quantum computer they can build is 53 Qbits. Still, it is starting to come down the old tracks....

nothing to worry about at the moment.

bought a small bunch of corn at 52k, done with my monthly buy.

Also, merit me I'm poor

[shahzadafzal]

“Someone just transferred 12,000 #bitcoin  off of Coinbase, that's over half a billion dollars. They bought the dip.”
https://twitter.com/documentingbtc/status/1374356761000431620?s=21

Elon is that you?

[OutOfMemory]

Totally off-topic:

I've recently discovered the following YouTube channel:

Soft White Underbelly

Some very powerful interviews there, from people on the fringes of society. Well worth checking out.

Oh god, one of my very favourite ones, too.
"Gummo - the hacker" is imho the best i can remember. And the guy with the hole shot in his face. Deep stuff.

[Biodom]

FYI: with higher btc prices the whale category has been re-calibrated to above 100btc, which makes sense due to a comparison between >100btc holders and overall number of whales. Above 1000 btc is probably a blue whale.
https://ccnews24.net/bitcoin-whales-100-to-1k-btc-increased-their-holdings-from-december-2020-by-331k-btc/

Well, the rest of the article (apart from the heading) still shows old denominations that look incorrect to me (by the species preponderance).

[cAPSLOCK]

“Someone just transferred 12,000 #bitcoin  off of Coinbase, that's over half a billion dollars. They bought the dip.”
https://twitter.com/documentingbtc/status/1374356761000431620?s=21

Elon is that you?

I see a lot of folks wondering if it is Musk, or Saylor, and although those are great, I would MUCH rather see it be a purchase by some other entity.  Those guys will look like us spiral eyed loons as they keep buying... but if it's GOOG or APPL or something... whee!

[shahzadafzal]

“Someone just transferred 12,000 #bitcoin  off of Coinbase, that's over half a billion dollars. They bought the dip.”
https://twitter.com/documentingbtc/status/1374356761000431620?s=21

Elon is that you?

I see a lot of folks wondering if it is Musk, or Saylor, and although those are great, I would MUCH rather see it be a purchase by some other entity.  Those guys will look like us spiral eyed loons as they keep buying... but if it's GOOG or APPL or something... whee!

Yes that’s absolutely true, these entities will jump in sooner or later... GOOG, APPL, FBOK even MSOFT can’t be ruled out.

[vroom]

“Someone just transferred 12,000 #bitcoin  off of Coinbase, that's over half a billion dollars. They bought the dip.”
https://twitter.com/documentingbtc/status/1374356761000431620?s=21

Elon is that you?

I see a lot of folks wondering if it is Musk, or Saylor, and although those are great, I would MUCH rather see it be a purchase by some other entity.  Those guys will look like us spiral eyed loons as they keep buying... but if it's GOOG or APPL or something... whee!

Yes that’s absolutely true, these entities will jump in sooner or later... GOOG, APPL, FBOK even MSOFT can’t be ruled out.

It's all about game theorie. Sooner or later they will have to adapt if they don't want to fall behind. Devil take the hindmost.

[JayJuanGee]

Also, some of these countries have very high suicide rates.

Evidently it's a hard job being the master race.

It's a hard job being "happy" too..

As soon as there is any slight downward trend in the feelings of happiness, suicide happens, in order to keep up the average level of "happy."

There are likely a lot of happy endings in those places, too.

[shahzadafzal]

“Someone just transferred 12,000 #bitcoin  off of Coinbase, that's over half a billion dollars. They bought the dip.”
https://twitter.com/documentingbtc/status/1374356761000431620?s=21

Elon is that you?

I see a lot of folks wondering if it is Musk, or Saylor, and although those are great, I would MUCH rather see it be a purchase by some other entity.  Those guys will look like us spiral eyed loons as they keep buying... but if it's GOOG or APPL or something... whee!

Yes that’s absolutely true, these entities will jump in sooner or later... GOOG, APPL, FBOK even MSOFT can’t be ruled out.

It's all about game theorie. Sooner or later they will have to adapt if they don't want to fall behind. Devil take the hindmost.

I have a serious question how these entities are able to withdraw tens of 1000s of BTC is single go when normal users have limits from 1BTC to 100BTC Max.
And that’s after f*cking annoying KYC. Take naked pics with your driving license one hand and hand written note on other hand.

[Biodom]

“Someone just transferred 12,000 #bitcoin  off of Coinbase, that's over half a billion dollars. They bought the dip.”
https://twitter.com/documentingbtc/status/1374356761000431620?s=21

Elon is that you?

I see a lot of folks wondering if it is Musk, or Saylor, and although those are great, I would MUCH rather see it be a purchase by some other entity.  Those guys will look like us spiral eyed loons as they keep buying... but if it's GOOG or APPL or something... whee!

Yes that’s absolutely true, these entities will jump in sooner or later... GOOG, APPL, FBOK even MSOFT can’t be ruled out.

It's all about game theorie. Sooner or later they will have to adapt if they don't want to fall behind. Devil take the hindmost.

I have a serious question how these entities are able to withdraw tens of 1000s of BTC is single go when normal users have limits from 1BTC to 100BTC Max.
And that’s after f*cking annoying KYC. Take naked pics with your driving license one hand and hand written note on other hand.

Are you kidding? The limit is only up to the point of how much you hold and can realistically move. If they own 10K btc, why would there be a limit of 100 btc?