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

[El duderino_]

YUGE



https://twitter.com/fillippone1/status/1392883658353172489?s=21

More FUD.

[marcus_of_augustus]

^^
This is nothing new to Musk as he had been probed by the DOJ before in Tesla and now by the SEC:

... it's illegal for US citizens/entities to use Binance, that would be 'new' for Elons-got-fleas

[OutOfMemory]

YUGE



https://twitter.com/fillippone1/status/1392883658353172489?s=21

More FUD.

*yawn*
When mainly institutions and hodlers are in Bitcoin, nobody will give a F.
Only noobs will be scared off Bitcoin unless they have tight hands.

[El duderino_]

As OG bitcoiners, WO’s .... we should be used to this ... we shouldn’t fall for FUD and media BS etc

So $ value of a BTC is a bit lower as a few days back....  if we wanna hold our $ in BTC for long term safety, long term vision of being much safer with our wealth stored in BTC then what does the $-today price means, that’s right completely nothing

[philipma1957]

All this has occurred as a reaction to the hack of the USA fuel pipeline.

Multiple sources say they {russian hackers} were paid a large sum in digital ransom. Biden refused to comment on it when directly asked about the pipeline owners paying ransom.

So retaliation is being done via Musk's tweets. The governments of the world can't stand it that a white hat hacker that believes oil/gas is

evil hacks a pipeline then  opens  a BTC wallet to take in 100 coins and then simply give the money to a charity.

This terrifies all major companies and governments in the world.

You won't ever find that hacker if he simply gives the ransom away to charities of the world.

So now Musk and other stooges will do as the government asks tp help keep coins in check.

[Dabs]

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?)

If I may suggest: try back exercises, deadlifts, squats, pull-ups / chin-ups ... start light or bodyweight then work your way up slowly, like take 2 weeks to go from zero to 10 kgs / pounds or something. You'll figure something out and your back will thank you.

I'd reccomend planking, though. up to 60 secs elbow, up to 45 secs side (both) and up to 120 secs back, as a set up to three times a day. Gradually increasing.
This is what made me sit and stand upright for hours with no back problems anymore.
Those moving exercises are bad for your joints mostly, especially using weights. You can do that later, when the supporting muscles are developed through planking.

I'm a believer of weighted exercises or resistance training, but I'm not opposed to doing planks. I just didn't do those. Maybe if you have difficulty trying to sit on a chair and standing up, then you might need a little bit more rehab type exercises. But if you can sit down, and then stand up, then you should be able to do at least bodyweight squats (or air squats, meaning, without a bar or weights).

[JayJuanGee]

Yes ETH is a centralized shitcoin and a mess in so many ways, but nobody seems to care about that. The attitude is "well they'll solve all those problems with future updates". Maybe they will, maybe they won't. Either way I don't think it matters. ETH has their network effect, just like BTC does, there will be no ETH killer, but with all the extra shit that is flooding their network as time goes on, how could it not beat BTC, the digital gold that everyone just hodls but doesn't do much else with.

I won't be investing in it, but also don't want to be disappointed when (if) it does unseat BTC. I don't think it will be able to take BTC place this cycle either, but next on, maybe.

If you think that a centralized mess of a shitcoin with a 90M pre-mine and currently $50-500 transaction fees will ever "overtake" BTC, then you are delusional. And POS will be a big fail.

Of course the shitshow of ethereum et al is so god damned frustrating on an ongoing basis to see the various levels of bullshit pump and dump projects, and so many of us just wished that they would hurry the fuck up with this imminent^tm transition to POS that has been being promised from that smoke and mirrors scam project since about 2016, but for some reason, they are continuing to project such best shit in the world pie in the sky vaporware transition into the future. and it never happens and how long can they keep the pyramid scheme or ponzi (or whatever other descriptives apply) going.

People are both greedy and gullible as fuck, so sure, the various ethereum marketers and scammers have made enough money (it seems) to be able to keep the scams going for a hell of a long time, 15 to 30 years does not seem unobtainable, because they can continue to suck off the teet of bitcoin's security and delude the ongoing stream of new adopters into their every shifting new ways to make money that are going to "change the world" blah blah blah..

And, I am not even saying that there are not some innovations on ethereum or related to ethereum in terms of creative (and gamification) ways to ongoingly use various technical mechanisms to part normies from their money and even allowing for some of those normies to get rich too through their ongoing injection of cash and likely ongoing confusing various regulators in such a way that the smoke and mirror schemes can go and go and go... of course, until they don't and of course, when momentum changes, there can be some additional ruthelessness that plays out when some of the froth gets corrected out from time to time (and not even sure when those various harsh and punishing corrections will be).

[UnDerDoG81]

YUGE



https://twitter.com/fillippone1/status/1392883658353172489?s=21

More FUD.

Isn´t it funny how perfectly timed these things happen every time there is a dump going on already!

Btw. sell BNB? I hold too much of them  

[shahzadafzal]

Today is the Eid Day many Muslims celebrating Eid across the world... buy this was not what I was expecting on this Eid Day.

Usually on eid day elders will give money to the children and among close family members... And I almost distributed ~ $1500, but today my loss is not just 1500 but $1500 + 12% on my BTC

[Sayeds56]

As OG bitcoiners, WO’s .... we should be used to this ... we shouldn’t fall for FUD and media BS etc

So $ value of a BTC is a bit lower as a few days back....  if we wanna hold our $ in BTC for long term safety, long term vision of being much safer with our wealth stored in BTC then what does the $-today price means, that’s right completely nothing

[Paashaas]

Europe is moving out of lockdown, i can jump for joy and hugging everybody.

It feels like a ton falling of my shoulder, what a relief!

Gym's, museums, libraries, theme parks, terraces, hookers and tourism will re-open!

[OutOfMemory]

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?)

If I may suggest: try back exercises, deadlifts, squats, pull-ups / chin-ups ... start light or bodyweight then work your way up slowly, like take 2 weeks to go from zero to 10 kgs / pounds or something. You'll figure something out and your back will thank you.

I'd reccomend planking, though. up to 60 secs elbow, up to 45 secs side (both) and up to 120 secs back, as a set up to three times a day. Gradually increasing.
This is what made me sit and stand upright for hours with no back problems anymore.
Those moving exercises are bad for your joints mostly, especially using weights. You can do that later, when the supporting muscles are developed through planking.

I'm a believer of weighted exercises or resistance training, but I'm not opposed to doing planks. I just didn't do those. Maybe if you have difficulty trying to sit on a chair and standing up, then you might need a little bit more rehab type exercises. But if you can sit down, and then stand up, then you should be able to do at least bodyweight squats (or air squats, meaning, without a bar or weights).

I started with body weight exercises, but not to a degree they became effective, because tendons and joins started to hurt before i even got sweating or muscle burns.
Got into planking "by accident" and stuck a while to it, until i was able to do callistenics (sort of). Still doing a daily plank set, which is minimum work to keep my supporting muscles fit. Yeah, and the skateboarding would leave me with much more ankle, back and knee pains without it, too.
All the skateboarders of my age that i know (not even a handful any more) are lamenting about back and knee pains. I rarely do have em, but bruises start to take quite long to heal already. What in aging doesn't suck, though?  

[podyx]

Looks like bubble might burst and we headed down to $30kish?

[aesma]

Double dip ! Buying or waiting, difficult choice. I bought a little.

[mikenz]

The governments of the world can't stand it that a white hat hacker that believes oil/gas is

evil hacks a pipeline then  opens  a BTC wallet to take in 100 coins and then simply give the money to a charity.

not plausible. Charity organisations, as everyone else, are not allowed to just keep stolen funds neither its theirs.

[Philipma1957cellphone]

^^
This is nothing new to Musk as he had been probed by the DOJ before in Tesla and now by the SEC:

... it's illegal for US citizens/entities to use Binance, that would be 'new' for Elons-got-fleas

He may have been using binancs.us

[Philipma1957cellphone]

The governments of the world can't stand it that a white hat hacker that believes oil/gas is

evil hacks a pipeline then  opens  a BTC wallet to take in 100 coins and then simply give the money to a charity.

not plausible. Charity organisations, as everyone else, are not allowed to just keep stolen funds neither its theirs.

Not if the charity is in North Korea

[LoyceV]

I actually "care" about Musk and Buffett, not so much JP Morgan, but then JP Morgan is a bank. Buffet,  I'm concerned as I think he and Munger will die without owning any bitcoin, but that's okay. I just hope they eventually understand it and not be so negative.

As I read recently: "You don't go to your grandpa's grandpa for tech advice!"
(I don't remember the source)

[El duderino_]

I can only hope for those not buying the dip or waiting ... to end up with less btc or higher priced btc’s ...

[JayJuanGee]

Yes ETH is a centralized shitcoin and a mess in so many ways, but nobody seems to care about that. The attitude is "well they'll solve all those problems with future updates". Maybe they will, maybe they won't. Either way I don't think it matters. ETH has their network effect, just like BTC does, there will be no ETH killer, but with all the extra shit that is flooding their network as time goes on, how could it not beat BTC, the digital gold that everyone just hodls but doesn't do much else with.

I won't be investing in it, but also don't want to be disappointed when (if) it does unseat BTC. I don't think it will be able to take BTC place this cycle either, but next on, maybe.

If you think that a centralized mess of a shitcoin with a 90M pre-mine and currently $50-500 transaction fees will ever "overtake" BTC, then you are delusional. And POS will be a big fail.

It does make you wonder where the term "smart money" comes from?
Doesn't seem that smart to me.

You are correct, machasm.

Many of us likely realize that "smart money" does end up proven to be "not very smart" after many years, but on a contemporary basis, we surely might NOT be able to accurately assess which money happens to be smarter than other money, even if we might have some decent suspicions but the evidence is not always going to be unambiguous to conclude which is which.

Isn't it a Chinese exchange run offshore.

Edit: from the wiki

Binance was founded by Changpeng Zhao, a developer who had previously created high frequency trading software. Binance was initially based in China, but later moved out of China due to China's increasing regulation of cryptocurrency.

These guys are as dodgy as Bitmex, remember when the SEC got onto them and the Barts ceased and then the BTC price went up and never looked back. Binance has taken over their role I suspect. It makes you wonder if these exchanges get pressured by certain authorities to use there opaqueness to prevent BTC growth.

Takes tin foil hat off.

I sometimes wonder why supposedly long-termers like you, somac, get so delusional about exchanges or entities that are trying to avoid various kinds of governmental oversight and then to suggest that they are either conspiring with governments or that they are fucking over the bitcoin because they are manipulating it too much through their attempts at wild, wild west operations.

Sure, maybe we don't really disagree in the end about a certain need for standards, but still some of these seemingly cheering on of government crackdowns or overly attempting to describe the exchanges with wild, wild west as the villians seems to be just confusing matters rather than really attempting to accept a certain amount of the wild wild west dynamics that are likely existing with these various systems including overly jumping on the bashing of the exchanges that attempt to operate outside of some of the ongoing jurisdictional overreaching dynamics that we get from certain countries, too.

Kind of reminds me about how anti-bitfinex so many folks were in 2016, especially around the time of their supposed hackening in about August, and sure some of the bitfinex story does not really add up either, but sometimes the conspiracy theories including the bashing on USDT get carried to similar extremes that seem to be likely assuming way more bad faith from the entities that are actually having quite a few troubles attempting to operate without getting beat up by governmental overreach, and sure even BTC-E that tried for quite a long time to continue to operate without falling into any jurisdiction (kind of like bitcoin itself) got accused of a lot of insider corruption matters that may or may not be true and at the same time quite a few users of their system were not able to get their coins back, and may well not have been caused by the actual operators - but really been a result of various governmental overreach and some of the users who end up losing their coins (yours truly included) are not really going to end up knowing the full story but many of us should be somewhat skeptical of some of the sources that seem to presume that the exchange operators were evil, corrupt, manipulators, greedy, blah blah blah.. rather than trying to actually contributing to the bitcoin community (while profiting and sometimes getting involved in shitcoins along the way too.. which is not illegal either, even though some of us might choose not to get involved in shitcoins or to operate businesses that allow leverage, but still there are varying ways to operate businesses, without presuming evilness to such operators without having enough information or likely even agreeing too much with some of the FUD spin).