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

[lightfoot]

Today I leveled ground and set up an outdoor pool. I had to rush to shut off the water at my wife's business because of a leak. My dog got caught up in the dog-next-door's lead and I had to rescue her. My back started hurting and I worked through it. I have blisters on my hand. The sink blocked up. My son got an "owie" on his hand and daddy fixed it and the richest man in the world took a dump in my portfolio.

I'm currently drinking gin & twist-up and I feel fine.

Back brace. Even the little Home Depot soft one. They look stupid yes, but man does it totally solve the back problem.

[lightfoot]

My wife just told me that CNN has been dissing Tesla for energy usage. Is Musk's tweet today somehow related to that?

(Note I'm receiving that about third-hand so take it for what it is).

Wait, this is the Tesla that makes battery powered cars? And solar systems? And powerwalls?

And this is the guy that builds reusable spaceships so you don't just toss the whole damn thing in the ocean?

Say what you want about Elon, but the guy's not an eco-disaster or a dickhead like Bezos. It's nice to have someone actually thinking about future stuff. Which makes this whole Doge/Bitcoin thing completely baffling.

Weird.

[shahzadafzal]

Vitalik rug pulled n00bs yesterday with those Dogeclones and donated the money to charities.

My faith in Vitalik had been restored a little bit when i saw this headline.

Vitalik Buterin Donates Over $1 Billion To India Covid Relief Fund And Other Charities.

Come on Satoshi beat him by donating chunk of your BTC stash 198,025 BTC

and that will be ~ $10 Billion

[Torque]

I gotta say... I respect his commitment to his ideals.  An entire army of oldschool bitcoiners were starting to replace "Wen Lambo" with "Wen Tesla", and he just told them to go fuck themselves.

I am sort of being facetious, of course.  But I will arrogantly point out that when they put Bitcoin on the site and everyone was asking "Will you be buying a Tesla now?", I held my tongue.  For lot's of reasons, no small one being it takes more than a token gesture to earn my respect.  

I have a feeling that the total number of Teslas bought with Bitcoin == 0.

I think this is one of those "you can't fire me, I quit" scenarios. Musk was expecting a bunch of people to roll in with their Bitcoin and nobody came to the party.

I have a feeling that it's worse than that. I bet that overall demand for Teslas worldwide, has either completely stalled or fallen. And it could get even worse for him. Demand could start to freefall.

That's why he had to do some "creative accounting" with Bitcoin on the balance sheet last quarter, just to make it look like they made a profit.

[Richy_T]

Electric cars barely making any sound at all, the highways will be dead silent.

Buy a sports car with a fat V8 just to troll people.

Heck, some of the ICE cars make so little sound that it is "augmented" via the sound system.

[DaRude]

https://twitter.com/elonmusk/status/1392602041025843203?s=21

Tsssssss

Haha this will make a fine chapter in the BTCs history

[Richy_T]

Back brace. Even the little Home Depot soft one. They look stupid yes, but man does it totally solve the back problem.

I actually think I need to work it *more* and lose some weight. Semi-retirement has made me soft and flabby(er). It was actually feeling a lot better by the end of the day (endorphins kicking in?)

[philipma1957]

It's amazing how quickly this thread turned from sucking Elon's dick to calling him names. Long overdue though. The guy is a clown. Buy a Kia.

damn right my kia optima is my third kia.

they are nice cars 🚘

btw i bought the dip.

and we bounced back a bit.

and i mine my btc and hold it.

still dumping my eth for btc as soon as it comes in.

[shahzadafzal]

Elon just pulled the curtain back. Sorry everyone. It's over. This really is the end. Bitcoin will never recover.

Where was Bitcoin before Elon Musk? It survived 10 years without him.
 
If all the governments can’t stop bitcoin his curtain pulling won’t do anything?

We will bounce back!!!

[micky123]

Its a shame that an egoistic, megalomaniac and self-serving individual is able to crash the crypto market at will, with a single tweet. When will people realize that Bitcoin is a store of value in itself and doesn't need validation by anyone! Right now its looking like people like Musk can play with the crypto markets at will and make a killing by buying low after crashing the market.

[shahzadafzal]

Let me guess what exactly happened...

Someone tried to sale his cars in Bitcoins... but surprise surprise no one bought it.... no one willing to give up their hard earned Bitcoin for a car

So what you do next yes stop selling your cars in Bitcoins.

[shahzadafzal]

This reminds me a small story...

“Once there was an old farmer, one day in early morning when he went to his fields he saw a young couple making love in his fields. He saw them and he started shouting. Couple came to him and begged “Please don’t shout and don’t tell anyone and we won’t come to your fields again”. But he insisted and said, “No, I will go and tell the whole village about it”.

Girl begged again and said he can do anything if he want but just don’t tell anyone. He excitedly agreed and said “Ok I won’t tell any one but I want to f*ck too”. He pulled down his pants and started making his little johny hard. But nothing happened he kept trying for over 10 minutes but nothing... there was no moment. He tried hard but that dead meat wasn’t going anywhere.

He angrily stood up pulled his pants and said “No, I have decided, I’m going to tell the whole village about it”

So I heard someone tried to sale his cars in Bitcoins but it didn’t go as planned.

Please don’t quote.

[Hueristic]

I gotta say... I respect his commitment to his ideals.  An entire army of oldschool bitcoiners were starting to replace "Wen Lambo" with "Wen Tesla", and he just told them to go fuck themselves.

I am sort of being facetious, of course.  But I will arrogantly point out that when they put Bitcoin on the site and everyone was asking "Will you be buying a Tesla now?", I held my tongue.  For lot's of reasons, no small one being it takes more than a token gesture to earn my respect. 

I have a feeling that the total number of Teslas bought with Bitcoin == 0.

I think this is one of those "you can't fire me, I quit" scenarios. Musk was expecting a bunch of people to roll in with their Bitcoin and nobody came to the party.

Whats their address?

[Hueristic]

Its a shame that an egoistic, megalomaniac and self-serving individual is able to crash the crypto market at will, with a single tweet. When will people realize that Bitcoin is a store of value in itself and doesn't need validation by anyone! Right now its looking like people like Musk can play with the crypto markets at will and make a killing by buying low after crashing the market.

Sheeple gonna sheep.

[Hueristic]

For all Bitcoin fans, apparently first real atomic swap between Bitcoin and Monero happened yesterday.
https://twitter.com/rottenwheel/status/1392207894926528514

Apparently it was made by Comit team. Farcaster team is considering their April report not that far to make it happen. Thorchain team will not do a classic atomic swaps. It seems that Comit team, after it did it first on testnet, keep grinding and does not plan to let anyone else to get ahead. 

[heslo]

Well, the last few hours has definitely been something interesting. Good to see we bounced right the fuck off the 46k mark and now back into the 51's. Kinda sad one person, who is relatively new to crypto and BTC in general, can make a tweet and cause this much panic. I'm not sure what the fucking end game was here but I can tell you it's got nothing to do with BTCs environmental impact. If he gave a shit about that his strip mining operations for lithium would stop too. Plus he's hurt his own investment by knocking the price down some. Time will tell I guess but BTC is bigger than one person and let this serve as a warning to us all... don't champion a single person as a hero in this space, humans are shitty and invariably will let you down

[ivomm]

Good morning WO OG! I've slept like a baby through all the dump   This put a wide smile on my face. Reasons: The dump hurt a lot the trend followers! I just can't imagine the pain of these morons, losing 5-10% each day for the last 3 months. And look at the volume on the major exchanges! For 3 hours the sold BTC's are equal to the typical 24-hour volume! All these BTC's were a heavy burden which is now removed. The trend followers were the reason for the resistance at 60K. Squeezing 1-2% profits, while taking multiple 5-10% stop losses is their idea of making a living. Poor morons. I mean, literally.

I call this The HoDLer's Test.

If you are not worried right now, and even make fun of it, well done, you are a seasoned, hardened, true HoDLer.

Whoever logged in to an exchange right now, with the intention to sell, don't forget your pacifier and diapers, and avoid light-colored pants. You are a sissy-ass HoDLer, soon to be parted from your corn.

Or course there will be an ATH, and sooner than some think. This is just an outlier, a glitch that will once again prove the robustness of Bitcoin.

One more obituary added. Been there, done that.

I wasn't worried dipping 50% below my investment point for 3 years, why should now I be worried   Each dip should be used to buy moar, because the return and the profit is guaranteed.

That's the end of the bull market until september/october. The media will spam the sheeps for weeks with elon's tweet. In a few months the big guys have their pockets full of cheap btc and will then push the market to >100k $.

See you again at the end of this year.


Enjoy the show, and more importantly, enjoy your life.

No, I don't think so. This dip only can accelerate the next bull run. Bitstamp's buying 2K wall down to 41.3K hasn't moved as bears hoped. So, bears failed once again. Their dreams for cheap coins are dead now. They've got the rusty pipe! With all these tens of thousands of BTC's transferred from weak hands to strong hands it makes the new ATH and reaching 100K very, very close.

That is some accelerated recovery going on.
Faster than a Tesla.  

Congrats to the dip buyers.

As I've noted before, the liquidity of the exchanges in terms of fiat is pretty good. Elon is a moron in some respects (tweets mainly) causing his own investments to shrink. He has done that with Tesla's stocks as well. A weird asperger guy, you know. Of course respect for his space program. Anyway, the recovery is almost complete and I can hear the drumroll of an incoming 100K!

P.S. The options for one of my next cars were reduced to two:
1. Audi e-tron GT.
2. Lambo spider evo.
3. Tesla

[MERlT]

Its a shame that an egoistic, megalomaniac and self-serving individual is able to crash the crypto market at will, with a single tweet. When will people realize that Bitcoin is a store of value in itself and doesn't need validation by anyone! Right now its looking like people like Musk can play with the crypto markets at will and make a killing by buying low after crashing the market.

Sheeple gonna sheep.

The "crypto" sheeple flooded this thread with blockchain this and crypto that, defi this and eth that, and the dick sucking went into overdrive. Even the

supposedly Bitcoin OG's bent down and took a length of "Binance & Coinmarketcap tag team" up the old rectum without any lube.

The banking filth and their MSM whores stepped up their FUD game, and most of you fell for the shitcoins cam, whilst driving in your Tesla sitting on Elon's lap... bunch of cunts.

[Hueristic]

Its a shame that an egoistic, megalomaniac and self-serving individual is able to crash the crypto market at will, with a single tweet. When will people realize that Bitcoin is a store of value in itself and doesn't need validation by anyone! Right now its looking like people like Musk can play with the crypto markets at will and make a killing by buying low after crashing the market.

Sheeple gonna sheep.

The "crypto" sheeple flooded this thread with blockchain this and crypto that, defi this and eth that, and the dick sucking went into overdrive. Even the

supposedly Bitcoin OG's bent down and took a length of "Binance & Coinmarketcap tag team" up the old rectum without any lube.

The banking filth and their MSM whores stepped up their FUD game, and most of you fell for the shitcoins cam, whilst driving in your Tesla sitting on Elon's lap... bunch of cunts.

Lol


I would merit this except the bolded is just plain wrong.
I have been laughing the whole time and I'm sure others are as well.

[Paashaas]

Tesla seeks entry into U.S. renewable fuel credit market.

Elon's recent FUD might have something to do with government and subsidies.