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

[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


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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


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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.'


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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!!!

[Richy_T]

Binance bought "Coinmarketcap" to control the MSM of price of every shitcoin and altcoin created. Even the BITCOIN price relies on this shit website, yet all the alleged Bitcoin OG'S and the shitcoin pumpers and dumpers don't say a word about this cluster fuck!, I wonder why that is?

News to me. I still use Bitcoinity for Bitcoin price. Coinmarketcap used to be good for keeping abreast of the alts but between selling out, as you mention and market caps being gamed (which they are prone to be since they are basically meaningless), it's not really worth the look any more.

[Richy_T]

So Zuckerberg is a nothingburger 

Ceiling Zuckerberg is watching you masturbate.

[Richy_T]

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.

Ethereum is basically Vitalik and they did the fork (though I think it was not wise to) early enough that they could get away with it (maybe).

[El duderino_]

So Zuckerberg is a nothingburger 

Ceiling Zuckerberg is watching you masturbate.

Then again this dude has NP with that lol... a dick is a dick

[Sayeds56]

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

I love anniversaries.

We did 6.65x since then.

History of Bitcoin Halving.

[xhomerx10]

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!

 Speech! Speech!

[AlcoHoDL]

Congrats to Phil_S for a well-deserved rank-up. Only just noticed.

Far too busy IRL. This is getting serious. Flicking the fuck-you switch? My finger is itching... Paraphrasing Steve Jobs:

"When you visit The Wall Observer^TM and you realise that there are at least 10 pages of unread posts, the you know it's time to change something in your life."

Last week I managed to turn my nocoiner cousin into a coiner! A real one (of Bitcoin)! 0.1 BTC. Not too bad. He is quite well-off financially, he could buy a few whole coins right now if he wanted. He says he will. I hope he does, because soon he may not be able to.

Sideways, sideways, number go down, number go down, little ant-pumping, sideways... Boring as fcuk. Come on, Bitcoin do something!

Legitimate/illegitimate coins. What's that? Is there some higher authority I'm not aware of, that determines which coin is legitimate and which isn't? All coins are legitimate. Even BCH/BSV. It's not about being legitimate or not (whatever that means), it's about usefulness, robustness, utility, decentralization, adoption, etc., etc. Let the strongest survive. In a way I'm glad Elon is pumping DOGE. Bitcoin should be strong enough to not be affected by such actions. If it is affected, that's Bitcoin's weakness. Elon can do whatever he wants. It shouldn't matter in the long run.

As for labels, I'm definitely suffering from OCD. Not diagnosed, but can feel it. I'm a perfectionist. And I like it. I wish more people were like this. I don't want to be cured. I consider it a gift/talent, and it is the driving force that enables me to be creative and successful. So, I say, fcuk labels.

Onwards & upwards, and may we see an ATH in May (!), and $100k in 2021.

HoDL.

[El duderino_]

https://twitter.com/jugallodaya/status/1392126021105815555?s=21

[El duderino_]

[Sayeds56]

So Zuckerberg is a nothingburger 

Ceiling Zuckerberg is watching you masturbate.

Then again this dude has NP with that lol... a dick is a dick

[vapourminer]

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

pfffft. we are not afraid. in fact i shall taunt you now by meriting that post. take that!

[LFC_Bitcoin]

So Zuckerberg is a nothingburger 

Ceiling Zuckerberg is watching you masturbate.

The last laugh is on him. I paid the 0.15BTC so my masturbation video didn’t get sent to my friends, family & colleagues.

But wait......

Unless you’re telling me there is no video & I got scammed?

 

[lightfoot]

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

Actually you were stuck at Hero this morning so I dropped 1 merit to put you over the line :-) Congrats.

[LFC_Bitcoin]

@BitcoinMagazine
Bloomberg's top ETF analyst, Eric Balchunas, recently claimed that 2021 is a unique year for #Bitcoin  and made the case that an approval of a bitcoin ETF in the U.S. might be imminent.
https://twitter.com/bitcoinmagazine/status/1392196131338268684?s=21



@BitcoinMagazine
"[The] institutional adoption of crypto is much greater, the money centers are getting involved," explained Balchunas when asked how 2021 is different from previous years.

Covered by @namcios.
https://t.co/3DknruBiHu
https://twitter.com/bitcoinmagazine/status/1392196505856094208?s=21









Send it.....

[d_eddie]

Congrats to a new legend - Phil_S!
Well deserved IMO.
I haven't been able to contribute much, but now I'm clapping my hands from the sidelines :-)

Fine at 9xx? No effing way. It's just like the corn being fine at 1x,xxx.