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

[somac.]

Craig Wright, Calvin Ayre... what a bunch of scumbags.

I've never really been a rich person in my entire life, except, perhaps, in the last year, due to Bitcoin's recent price appreciation, which has given me a taste of how it feels to be "well off". Even then, I'm nowhere near the wealth that these guys have. What more do they want? Their future is completely secured, they can sustain their lavish lifestyles forever. Why do they keep fighting Bitcoin? Is it some sort of bad wiring in their brains, or is it a sickness of the rich?

In any case, I hope justice is served and they end up where they belong.

Sociopaths my friend. Most of the rich "successful" types, along with the ruling class, have got there by their sociopathic abilities. This is the norm in human history of course and you could probably put a fair portion where humanity has got to so far down to these types as well.

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[gallianooo]

9 red daily candles on the past 10.. Still fucking bearish. Weekly looks the same..

H4 on a sideway mode.. but not fuel to any move up..

Hmmm even if I don't want to see that, I am thinking more and more that we need to continue to go down before any bull reversal. Bottom probably still not reached 

[LoyceV]

Every time I say that I regret using BTC for purchases, I can't help but feel like I'm "betraying" Bitcoin by not supporting its use as money. Laszlo Hanyecz comes to mind. At the same time, Bitcoin has become so important and so valuable as an asset, that spending it on petty purchases just doesn't feel right anymore. It's like cutting a piece of gold from a gold bar to pay for your weekly supermarket shopping. I'd rather use fiat for that. Perhaps, there may come a time when the mere ownership (and not the spending) of Bitcoin will grant the owner special privileges. Bitcoin is just too precious to spend, unless absolutely necessary.

Easy fix: buy back the Bitcoin you spend It comes with conversion costs, but rewarding companies that accept Bitcoin by actually paying with Bitcoin is how we increase adoption.

[bitcoinPsycho]

The only way is up .........baby

We've been broken down
To the lowest turn
Bein' on the bottom line
Sure ain't no fun
But if we should be evicted
Huh, from our homes
We'll just move somewhere else
And still carry on
Oh
(Hold on) hold on
(Hold on) hold on
Ooh, aah, baby
hold on
(Hold on) ooh ooh aah
The only way is up, baby
For you and me now
The only way is up, baby
For you and me now
Aah
Now we may not know, huh
Where our next meal is coming from
But with you by my side
I'll face what is to come
Aah, boy I want to thank you
Yeah, for loving me this way
Things may be a little hard now
But we'll find a brighter day
Oh, yeah
(Hold on) hold on
(Hold on) hold on
Ooh, ooh ooh
hold on
(Hold on) won't be long
Ooh, yeah
The only way is up, baby
For you and me now
The only way is up, baby
For you and me now
Ooh ooh ooh
Talk about the only way is up, baby
Talk about the only way
Talk about the only way is up, baby
Talk about the only way
Talk about the only way is up, baby
hold on
(Hold on) hold on
Hey
hold on
(Hold on) won't be long
No no no
The only way is up, baby
For you and me now
The only way is up, baby
For you and me now
The only way is up, baby
For you and me now
The only way is up, baby
For you and me now
The only way is up
For you and me now
The only way is up, baby
For you and me now
The only way is up
For you and me now
The only way is up
For you and me now
The only way is up
For you and me now
The only way is up
For you and me now

[nullius]

Sociopaths my friend. Most of the rich "successful" types, along with the ruling class, have got there by their sociopathic abilities. This is the norm in human history of course and you could probably put a fair portion where humanity has got to so far down to these types as well.

That is a self-serving modern myth.  It is necessary for rationalizing the hybristic modern myth of historical “progress” and “advancement”:  How could modernity be “advanced”, if the world has become worse?

The reality is that in all of recorded or recoverable history, never before has the whole world been more thoroughly corrupt, degenerate, and debased than it is now.  You could put not only “a fair portion”, but the totality of this down to the downfall of the ruling classes:  The sheep only go where they are led, for they can do no other, all democratic delusions to the contrary notwithstanding.

[rolling]

Really? lower 50% now own more land/resources than ever before? Cause this is a bitcoin forum and surely you wouldn't try to deceive by measuring "wealth" of lower 50% in absolute 2021 US dollars now would you?

Well, then why have brackets for everything else and leave 20% cap gain static for ultra wealthy, what makes it such a perfectly balanced number? Why was it fine at 35% in the 70s but now only a dirty commie would suggest bumping it to 21%? Following your logic on how filthy rich are more efficient than poor, then it'll be logical to raise taxes on poor and middle class (there's 0 chance they'll get us to Mars) and lower it for ultra rich? Then just hope really really hard that out of hundreds of billionaires that spend their money on hookers and blow and writing their names to be seen from space (as their rightfully should, it's their damn money , new idea for Bob?) the next one hopefully turns out like Musk and decides to find cure for cancer?

This is just the US but the whole world is on a similar trajectory as long as we don't ruin it by some shortsighted socialist policies.
https://fred.stlouisfed.org/series/WFRBLB50107

Well, then why have brackets for everything else and leave 20% cap gain static for ultra wealthy, what makes it such a perfectly balanced number?

Because investment money is what allows businesses to be created, expanded, and to create jobs. Jobs aren't magical things that appear on their own. More taxes on investment money means less investment. You're not going to fix any of the wealth gap by increasing taxes anyway. They will not pay the taxes. They will just reduce investment or move to a more tax friendly country. Even when the rates were high in the past, they did not collect more taxes as a percentage of income. The wealthy will just change their behavior to avoid the taxes. It's game theory.

If you want to change the wealth gap for real and not as part of a socialist agenda, stop shopping at Amazon and using products or services from huge companies. We can go back to mom and pop shops and the wealth will be more evenly distributed.

Again, taxation will never change "wealth inequality" short of full on socialism/communism where the companies are taken away from the owners. The US tax system is already one of the most progressive in the world so stop complaining and enjoy what your ancestors built for you.

[El duderino_]

[El duderino_]

[Farmer Bill]

Protip:  Range-grazed meat tastes better.  All of the freedom and happiness that the meat enjoyed whilst alive makes it juicier and more delicious.

the most unsustainable type of meat

Another city boy who knows sweet FA about producing beef.

[BitcoinHodler]

we need to continue to go down before any bull reversal.

Maybe but this sounds more like wishful thinking to me

[Farmer Bill]

Protip:  Range-grazed meat tastes better.  All of the freedom and happiness that the meat enjoyed whilst alive makes it juicier and more delicious.

the most unsustainable type of meat

Yet another person who has no idea of how their food is produced.

30 month grass fed beef especially on hills where crops cannot be grown is totally sustainable.
The beef is of exceptional quality and fetches a good premium.
It is ecologically sound farming, the shit from the cattle helps fertilizes the ground and sustains insect life and beetles which are in turn food for birds and bats.
It is kind too, the calves often run and suckle with their mothers for 9 months, all the cattle have a happy life grazing outdoors in summer.

Go work on a farm for a year, burning 5000 calories a day and see how you survive on a vegan diet.

Meanwhile stack those Satoshis and you'll have a bright future ahead.

[JimboToronto]

Good morn Bitcoinland.
Fifty grand, four thirty eight
(Bitcoinaverage).

The fight rages on
To stay above fifty grand.
Onward and upward.
_______

Went out to the lake
Yesterday for the first time
Since the snow melted.

[Farmer Bill]

Really? lower 50% now own more land/resources than ever before? Cause this is a bitcoin forum and surely you wouldn't try to deceive by measuring "wealth" of lower 50% in absolute 2021 US dollars now would you?

Well, then why have brackets for everything else and leave 20% cap gain static for ultra wealthy, what makes it such a perfectly balanced number? Why was it fine at 35% in the 70s but now only a dirty commie would suggest bumping it to 21%? Following your logic on how filthy rich are more efficient than poor, then it'll be logical to raise taxes on poor and middle class (there's 0 chance they'll get us to Mars) and lower it for ultra rich? Then just hope really really hard that out of hundreds of billionaires that spend their money on hookers and blow and writing their names to be seen from space (as their rightfully should, it's their damn money , new idea for Bob?) the next one hopefully turns out like Musk and decides to find cure for cancer?

This is just the US but the whole world is on a similar trajectory as long as we don't ruin it by some shortsighted socialist policies.
https://fred.stlouisfed.org/series/WFRBLB50107

Well, then why have brackets for everything else and leave 20% cap gain static for ultra wealthy, what makes it such a perfectly balanced number?

Because investment money is what allows businesses to be created, expanded, and to create jobs. Jobs aren't magical things that appear on their own. More taxes on investment money means less investment. You're not going to fix any of the wealth gap by increasing taxes anyway. They will not pay the taxes. They will just reduce investment or move to a more tax friendly country. Even when the rates were high in the past, they did not collect more taxes as a percentage of income. The wealthy will just change their behavior to avoid the taxes. It's game theory.

If you want to change the wealth gap for real and not as part of a socialist agenda, stop shopping at Amazon and using products or services from huge companies. We can go back to mom and pop shops and the wealth will be more evenly distributed.

Again, taxation will never change "wealth inequality" short of full on socialism/communism where the companies are taken away from the owners. The US tax system is already one of the most progressive in the world so stop complaining and enjoy what your ancestors built for you.

There are a surprising number of progressives / socialists here on what is a primarily a speculation forum. Its possibly what makes it a lively place for discussion.

There is one good example to compare both systems.

In 1953 Korea was divided.

Two countries starting off at same level after the utter destruction from war.

Today DPRK has GDP PPP of $1.700 whilst ROK has GDP PPP $47.000

So in the North you'd pay 30 years salary for 1BTC
In the South just 1 years salary for 1BTC.


 

[El duderino_]

https://twitter.com/rd_btc/status/1386310600490463235?s=21

An image where a lot of wisdom is shown, hope people learn from it

[shahzadafzal]

Property vs Gold vs Stocks vs Bitcoin
Best performing asset class in last 10 years

[bitcoinPsycho]

Good morn Bitcoinland.
Fifty grand, four thirty eight
(Bitcoinaverage).

The fight rages on
To stay above fifty grand.
Onward and upward.
_______

Went out to the lake
Yesterday for the first time
Since the snow melted.

Legendary

[Torque]

Craig Wright, Calvin Ayre... what a bunch of scumbags.

I've never really been a rich person in my entire life, except, perhaps, in the last year, due to Bitcoin's recent price appreciation, which has given me a taste of how it feels to be "well off". Even then, I'm nowhere near the wealth that these guys have. What more do they want? Their future is completely secured, they can sustain their lavish lifestyles forever. Why do they keep fighting Bitcoin? Is it some sort of bad wiring in their brains, or is it a sickness of the rich?

In any case, I hope justice is served and they end up where they belong.

You're entirely correct, on the surface it makes no sense why they would continue doing this, as they could just disappear with their wealth and live on forever.

So why go through all the hassle and public ridicule? I don't believe it's all just ego-driven. In fact, Craig Wright knows very well that he is not Satoshi, and that he is a liar.

My theory is that they are secretly being paid under the table (by the Wall Street corrupt) to continue FUDing and being antagonistic toward Bitcoin.

The message is clear: Bitcoin needs constant negative press, constant FUD, and prominent "enemies", essentially forever. Because without these spectres and worries constantly hanging over Bitcoin 24/7/365, the Average Joe public would be given the green light to rush in with both fists and ditch the USD entirely.

There are others being paid too. Ask yourself, why would someone like Nassim Taleb just, out of nowhere, flip a complete 180 on Bitcoin? There is only one logical explanation.

[Torque]

https://twitter.com/rd_btc/status/1386310600490463235?s=21

An image where a lot of wisdom is shown, hope people learn from it

Throughout the majority of my life, I wasn't debt-free. And I was miserable. It felt like a Sword of Damocles.

But I am now 100% entirely debt free, and yes, I can attest that the liberating feeling is unlike anything I've ever felt in my life.

Just imagine the feeling of going through a disaster down year like 2008-9 or 2020, and having zero fears of losing anything you own (house, cars, other assets, etc.), being tied to any debt obligation (student loans, car loans, mortgage, etc.) or worrying about paying monthly bills or eating.

My advice: If you are not debt-free, start focusing on getting there ASAP. Make it your life mission, and it'll come faster than you expect.

[JimboToronto]

Another city boy who knows sweet FA about producing beef.

Not all of us city boys are clueless about our food.



The Angus steer on the right is Murray, being held by the lad who lovingly raised him like a pet, knowing full well that he was destined for slaughter. He was reserve grand champion at the prestigious Royal Winter Fair a few years back.

The guy with the glasses, second from right, is my local neighborhood butcher in downtown Toronto. He sources his meat from small, humane producers like the happy family in the rest of the picture. Happy meat is good meat. Of course it's free of artificial hormones and unnecessary antibiotics.

Murray was raised on forage and silage and finished with barley. Needless to say he was harvested humanely, locally.

I was lucky to get a couple of steaks from the front part of his rib section (with large spinalis dorsi muscles), plus a couple of flat irons (infraspinatus muscles). While we were enjoying him we had his picture up on the 55" display and toasted him, thanked him, and complimented him on his fine flavor and texture. He was delicious.
____

Don't hate on vegans. They're just victims of a neurosis-based eating disorder.

[gwaur]

Another city boy who knows sweet FA about producing beef.

Not all of us city boys are clueless about our food.



The Angus steer on the right is Murray, being held by the lad who lovingly raised him like a pet, knowing full well that he was destined for slaughter. He was reserve grand champion at the prestigious Royal Winter Fair a few years back.

The guy with the glasses, second from right, is my local neighborhood butcher in downtown Toronto. He sources his meat from small, humane producers like the happy family in the rest of the picture. Happy meat is good meat. Of course it's free of artificial hormones and unnecessary antibiotics.

Murray was raised on forage and silage and finished with barley. Needless to say he was harvested humanely, locally.

I was lucky to get a couple of steaks from the front part of his rib section (with large spinalis dorsi muscles), plus a couple of flat irons (infraspinatus muscles). While we were enjoying him we had his picture up on the 55" display and toasted him, thanked him, and complimented him on his fine flavor and texture. He was delicious.

disgusting. you meat lovers are fucking psychos.