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

[Dabs]

What I wonder is why people don't just shift their loads to ETC. Same network with some integrity.

It's not the same. It doesn't have any of the subsequent hard forks or EIPs or something... I don't think UniSwap is on it, or if it is, the volume isn't there. While one can argue it is the original ethereum, not like bcash which is the fork of bitcoin, it's being treated (by the market) as the second one.

ETH is going to 10k, it's almost at 5k. Then we'll see it hit 20k in a year or two.

Like most everyone here, I am not directly buying any of it. But I'll continually sell my ETH to get moar BTC.

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[franky1]

elon only likes doge due to the transaction fee and ability to actually make transactions on chain in a minute without it costing a hours minimum wage of his chinese panasonic workers wage

i never touched or used dogecoin. but putting aside the memes. dogecoin has more utility than bitcoin these days
(this is coming from someone thats is devoted to bitcoin)

[Dabs]

i never touched or used dogecoin. but putting aside the memes. dogecoin has more utility than bitcoin these days

I can't use it to buy stuff on Amazon yet... or can I? Maybe you could use it to buy Teslas, but that's not yet live right now. Oh yes, you can use it to buy Dallas Maverick tickets or something.

Other than being on every exchange out there, what else is it's utility? I would not put my life savings in it, even if others on twitter have.

[Wekkel]

elon only likes doge due to the transaction fee and ability to actually make transactions on chain in a minute without it costing a hours minimum wage of his chinese panasonic workers wage

I think Elon likes Doge because it makes a mockery of the legacy money cabal. The guy has been involved in inventing the next phase of humanity in terms of payments (Paypal), only having to resort back to regular banking based Paypal services back in the '90's. I can imagine he also has a lot of things to settle with the bankers in relation to his various companies over the past decades.

He probably loves to shove this cryptocurrency thing under the noses of old enemies/an atrophied industry.

No better way to get the public going ballistic on this than by means of a pure meme coin.

Innocent
Harmless (disregarding the PnD)
Stupid
But so much WoW

 

The guy is doing more for the acceleration of digital money (including legitimate cryptocurrencies) than most people.

[Dabs]

The guy is doing more for the acceleration of digital money (including legitimate cryptocurrencies) than most people.

I would agree with you, except for that small word "legitimate" ,... because what defines if a coin is legit or not. In my time (a few years ago), any coin that actually launched and had a network and had nodes, and eventually got a block explorer was "legit". Low value, or no value did not matter, a legit coin is ... I mean, doge is legit that way, people just see it as a joke / meme.

On the other hand, there are forks of forks and could be argued as legit, but we don't like them. I personally would not consider them "legit" but don't go about stating that openly. Not like we really need gigabyte blocks.

[Sayeds56]

i never touched or used dogecoin. but putting aside the memes. dogecoin has more utility than bitcoin these days

I can't use it to buy stuff on Amazon yet... or can I? Maybe you could use it to buy Teslas, but that's not yet live right now. Oh yes, you can use it to buy Dallas Maverick tickets or something.

Other than being on every exchange out there, what else is it's utility? I would not put my life savings in it, even if others on twitter have.

Sir, we all know that Doge coin is a worthless coin but current trends in crypto space are giving a clear message to market participants that a smart Investor like Elon Musk can convert such coin into something very precious by his smart moves. We like it not but he is a big Market Maker who is also trying to make a best use case of Doge coin to attract huge investment. I don' know how long he can attract traders attention towards Doge coin but so far he is successful to create hype.

[Phil_S]

Guys, remember halving? It was May 11, 2020.

I love anniversaries.

We did 6.65x since then.

[Wekkel]

I see your point but I won't mix the concept of 'legitimate' and my moral observations in that respect with what the market will choose as the winner.  May the best win, regardless of what I find legitimate. In the end, that's not up for my sole consideration but by billions of people. All we can do is show the way. If that's what your alluding to, I understand the concerns.

Buy hey, we also survived the VHS video format  

[Paashaas]

Biden Proposes $2 Trillion Bill To Study What's Causing Inflation Rates To Rise.

President Biden proposed a $2 trillion spending bill Monday for the purpose of determining the cause of rising inflation. This is Biden’s fourth proposed $2 trillion bill in as many months.

“The cause of inflation is a major concern for all Americans,” Biden told reporters. “Rest assured, your government is committed to spending however much taxpayer money it takes to get to the bottom of this malarkey!”

According to Biden, the cause of the rapid increase in inflation has been baffling his economic experts for weeks. “All we know is that some mysterious event happened around January 20th which caused inflation to skyrocket out of control,” Biden said. “We don’t know what that event was exactly, but we do suspect President Trump was involved somehow. And maybe Russia.”

[eXPHorizon]

Biden Proposes $2 Trillion Bill To Study What's Causing Inflation Rates To Rise.

President Biden proposed a $2 trillion spending bill Monday for the purpose of determining the cause of rising inflation. This is Biden’s fourth proposed $2 trillion bill in as many months.

“The cause of inflation is a major concern for all Americans,” Biden told reporters. “Rest assured, your government is committed to spending however much taxpayer money it takes to get to the bottom of this malarkey!”

According to Biden, the cause of the rapid increase in inflation has been baffling his economic experts for weeks. “All we know is that some mysterious event happened around January 20th which caused inflation to skyrocket out of control,” Biden said. “We don’t know what that event was exactly, but we do suspect President Trump was involved somehow. And maybe Russia.”

Holy fuck ! BIDEN I AM HERE !!! Ill tell you everything for 1% of that $2 Trillion  

but i dont know anything anyway sooo im oout xD

[Kylapoiss]

Biden Proposes $2 Trillion Bill To Study What's Causing Inflation Rates To Rise.

President Biden proposed a $2 trillion spending bill Monday for the purpose of determining the cause of rising inflation. This is Biden’s fourth proposed $2 trillion bill in as many months.

“The cause of inflation is a major concern for all Americans,” Biden told reporters. “Rest assured, your government is committed to spending however much taxpayer money it takes to get to the bottom of this malarkey!”

According to Biden, the cause of the rapid increase in inflation has been baffling his economic experts for weeks. “All we know is that some mysterious event happened around January 20th which caused inflation to skyrocket out of control,” Biden said. “We don’t know what that event was exactly, but we do suspect President Trump was involved somehow. And maybe Russia.”

Is this real?

[Dabs]

That whole site looks like a meme.. or a joke. Probably legit since it ends with dot com.

[Kylapoiss]

This is my 666th post, scary shit.

[ivomm]

Biden Proposes $2 Trillion Bill To Study What's Causing Inflation Rates To Rise.

President Biden proposed a $2 trillion spending bill Monday for the purpose of determining the cause of rising inflation. This is Biden’s fourth proposed $2 trillion bill in as many months.

“The cause of inflation is a major concern for all Americans,” Biden told reporters. “Rest assured, your government is committed to spending however much taxpayer money it takes to get to the bottom of this malarkey!”

According to Biden, the cause of the rapid increase in inflation has been baffling his economic experts for weeks. “All we know is that some mysterious event happened around January 20th which caused inflation to skyrocket out of control,” Biden said. “We don’t know what that event was exactly, but we do suspect President Trump was involved somehow. And maybe Russia.”

I don't know, may be the crazy $ printing in the last year has something to do with it? Just a hunch. I can accept the $2 trillion prize for the right guess in the form of BTC's. Thanks in advance!

[BitcoinBunny]

The sooner we can move to Satoshis the better I think.

I reckon a lot of young people are getting caught out (perhaps through their own stupidity) by "investing" in shitcoins.
Especially the swap shit when they consider the supposedly lucrative interest rates for staking.

Since Monday Binance Smart Chain has fallen on its ass seemingly causing many problems for all the swap crap.

Just too many scammers and centralists trying to tap into this market now.


I don't think this is going to help Bitcoin do well (even though it's a different kettle of fish we know) but whatever.

[Toxic2040]

elon only likes doge due to the transaction fee and ability to actually make transactions on chain in a minute without it costing a hours minimum wage of his chinese panasonic workers wage

I think Elon likes Doge because it makes a mockery of the legacy money cabal. The guy has been involved in inventing the next phase of humanity in terms of payments (Paypal), only having to resort back to regular banking based Paypal services back in the '90's. I can imagine he also has a lot of things to settle with the bankers in relation to his various companies over the past decades.

He probably loves to shove this cryptocurrency thing under the noses of old enemies/an atrophied industry.

No better way to get the public going ballistic on this than by means of a pure meme coin.

Innocent
Harmless (disregarding the PnD)
Stupid
But so much WoW

 

The guy is doing more for the acceleration of digital money (including legitimate cryptocurrencies) than most people.

+1 WOsMerit


-------

Guys, remember halving? It was May 11, 2020.

I love anniversaries.

We did 6.65x since then.

+1 WOsMerit
congrats on a well earned promotion Phil...carry on


-------

20 years ago today we lost one of my favorite authors..a true literary giant..Douglas Adams. So long and thanks for all the fish sir...you are remembered and missed.

a few quotable quotes

'There is a theory which states that if ever anyone discovers exactly what the Universe is for and why it is here, it will instantly disappear and be replaced by something even more bizarre and inexplicable. There is another theory which states that this has already happened.'

'Since we decided a few weeks ago to adopt the leaf as legal tender, we have, of course, all become immensely rich.'

'There is a moment in every dawn when light floats, there is the possibility of magic. Creation holds its breath.'

'Don’t Panic.'

'Forty-two,” said Deep Thought, with infinite majesty and calm.'


--------

Tuesday charts

#dyor

1h


4h

#stronghands

[Arriemoller]

Biden Proposes $2 Trillion Bill To Study What's Causing Inflation Rates To Rise.

President Biden proposed a $2 trillion spending bill Monday for the purpose of determining the cause of rising inflation. This is Biden’s fourth proposed $2 trillion bill in as many months.

“The cause of inflation is a major concern for all Americans,” Biden told reporters. “Rest assured, your government is committed to spending however much taxpayer money it takes to get to the bottom of this malarkey!”

According to Biden, the cause of the rapid increase in inflation has been baffling his economic experts for weeks. “All we know is that some mysterious event happened around January 20th which caused inflation to skyrocket out of control,” Biden said. “We don’t know what that event was exactly, but we do suspect President Trump was involved somehow. And maybe Russia.”

"In the meantime, officials from the US Treasury as well as the CDC have advised the public to start carrying double wallets to protect their money and help slow the spread of inflation."

[Phil_S]

Just noticed what you did, you dorks! I told you 9xx is fine, damn it. You'll pay for this!

[philipma1957]

Just noticed what you did, you dorks! I told you 9xx is fine, damn it. You'll pay for this!

but but but you are a legend!

[shahzadafzal]

I seriously thought this “ramen noodles” term is used by us here on WO only!!!