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

[explorer]

https://www.reuters.com/article/idUSL2N2N510T

See you guys under $42k!

Next i expect t hear that Mt. Gox is not solvent, and the mastermind of The Silk Road is behind bars.

  Nah.  Too unbelievable.  So Much FUD.

[Wekkel]

The volume is decent now. Some hope for a recovery.

[proudhon]

The volume is decent now. Some hope for a recovery.

Nah. Notice how the first thing you circled was good volume and was not followed by a recovery. The second thing you circled was good volume and will also not be followed by recovered, but instead more dumping.

[JayJuanGee]

Though I prefer skipping the 24 if I can choose  

True but the point is we don't give a fu@k

Hahahahaha

That is be called Koreck.. psycho...


Even though ur lil name is psycho, u b making lots of senses, sometimes.



If we set up our various systems correctly, we should give hardly no fucks about considerably great corrections such as 80-ish% or 4-10x or greater price appreciations.

Yeah, I am not even saying that some of the extremes might not start to become concerning - but extremes that barely go beyond what is already expectedll should not be causing great anxiety.. especially for longer term bitcoin peeps who may have had at least a few years to both set up their systems and to set up plans for dealing with the more extreme BTC price moves, which seem more inevitable than they should be feeling as surprises..

A 40%-ish correction comes or even a 65% correction, and how you gonna respond?

I am shocked...

I am shocked..


Huh?  What?

I am not gonna say that I am not going to be bothered somewhat.. just like I am bothered somewhat from our current 40%, but my personal level of bother is hardly enough to write home about... sure the greater the correction, the greater the moving of the needle.. and some peeps or a wee bit more sensitive than others, but part of being in bitcoin and being in for a longer time should be allowing more and more abilities to pee pare our lil selfies for extremes. that have happened historically and are likely to continue to happen in spite of whatever bulltards (#nohomo) are theoretically asserting about supercycle blah blah blah.. which is hardly even factually based beyond sounding like it could happen (not even saying that supercycle could not happen, but seems way the fuck too premature to be hitching my wagon to that kind of a horse).

https://www.reuters.com/article/idUSL2N2N510T

See you guys under $42k!

Since 2017 when I started to deal with cryptos (I know, late   ), I heard about China banning BTC, cryptos, miners etc, every year
I thought China already banned all kind of cryptos, but everytime the same FUD

Is there a way to BTC bans China? I prefer  

I appreciate the joke aspect, but in the end, if we want to attempt to consider matters somewhat realistically, bitcoin is built in such a way that it welcomes all to use it however the fuck they like... good, bad, ugly and hostile.  Sure, we can engage in some denigrating of various uses, including denigrating hostility and calling everything non-bitcoin as a kind of scam (which yours truly and others tend to do), but in the end, anyone can  find their niche in bitcoin, including roger ver, craig wright, china, usa, venezuela, iran, north korea, and negativity flavor of the day elon the wishy washy.

What will you do with double carrot?

Puzzle over dee head.   

Glad to see you back hairy bairy.... you gonna stick around for a while this time or what #nohomo?

Perhaps the China news is considered bad new. I consider it good news. If China blocks cryptocurrency in their legacy institutions, they are shooting themselves in the foot.

I have no problems with Chinese people, but nothing with the Red thing.

Many of us likely recall the intensity of China's late 2016 somewhat surprise locking down exchanges within their jurisdictions to require KYC and likely the jumping through a variety of other hurdles before anything could be done in terms of exchanging coins, or withdrawing value - which seems to have had fucked their citizens out of being able to have value mobility during the 2017 BTC price run - and I seem to recall that it took a fucking long time for that situation to somewhat get resolved... which still seemed to have had the ultimate effect on certain aspects of their local peeps rather than putting any kind of a meaningful dent in the then overall bitcoin market besides likely scaring some weak hands from failing to buy BTC when they should have and/or causing some of those same weak hands from selling too much BTC too soon.

In other words, no problema.. roll with the punches.. and see how it all plays out... how much more of a correction you expecting.. what are the odds, greater than 50/50?  Are you preparing ur lil selfie (not referring to you Wekkel since you seem to have largely established ur self as a mostly not weakie peakie) for any BTC price direction including, but not limited to UP? (protip: historically many peeps fail/refuse to meaningfully and adequately pee pare their lil selfies for UPpity)

[Dabs]

You see red. I see green.

[proudhon]

Hands up everyone! Next drop is coming.

[Sayeds56]

Another reason to have chart buddy.. so that we have ongoing posts during depressing times like these..

You joke but I do think ol' CB helped keep the thread rolling sometimes. Of course, I am a bit biased for sure.

You are a stubborn fuck.

I will concede on that one.

Uncle.  Uncle.   Uncle.


I had to edit my response, because I read your above post again Richy and I see that I misread stubbornness (like you had put a NOT in there) into a non-stubborn post... I think that I rushed my response because I just wanted to call you a name when you did not deserve it, this time.  myyyy baaaaaaddddd.  I know that I have done that before too.. with you Richy.. so yeah.. a kind of pattern with me, but I don't dislike you.. just fighting my inner selfie, that's all.

 #nohomo

 

 That's so sweet JJG.  
 #nohomo

Glad that I could bring a tear to your eye.


















NOT!!!!





Snap out of your lovey dovey, homer!!!!!!

[JayJuanGee]

Fuck that noise. At least with paper dollars they have to send a thug with a truncheon to get it from me.

No they don't.

"They" can take 50% from you without even knowing who the fuck you are by doubling the dollar supply on the ledger.. and does not matter which one you hold.. physical or digital....  similar with the gold manipulations in which some gold bag hodlers believe that there are significantly additional value to physical gold (beyond armagaeddon scenarios) in holding the actual cumbersome physical stuff...

Accordingly, our uncle sam or designee with merely push one lil button (or click the mouse) and wing-a-dingie-adee-ding, wam-a-dee-wee-woo-doodle.. and uie pooie end up having 50% less value than you had a few minutes earlier.   Easy ma peasie...

Note:  Relatively speaking, I largely agree with your overall point lightfoot, in regards to the preference of physical currency over some of the recent digital shenanigans in the makings.. but I also wanted to highlight a wee bit of an overstatement that seemed to have been contained within your own framing of current monetary money dynamics (fiat especially).

[[edited out]

Is something missing, such as a link?  #justsaying

[Sayeds56]

Fuck that noise. At least with paper dollars they have to send a thug with a truncheon to get it from me.

No they don't.

"They" can take 50% from you without even knowing who the fuck you are by doubling the dollar supply on the ledger.. and does not matter which one you hold.. physical or digital....  similar with the gold manipulations in which some gold bag hodlers believe that there are significantly additional value to physical gold (beyond armagaeddon scenarios) in holding the actual cumbersome physical stuff...

Accordingly, our uncle sam or designee with merely push one lil button (or click the mouse) and wing-a-dingie-adee-ding, wam-a-dee-wee-woo-doodle.. and uie pooie end up having 50% less value than you had a few minutes earlier.   Easy ma peasie...

Note:  Relatively speaking, I largely agree with your overall point lightfoot, in regards to the preference of physical currency over some of the recent digital shenanigans in the makings.. but I also wanted to highlight a wee bit of an overstatement that seemed to have been contained within your own framing of current monetary money dynamics (fiat especially).

[[edited out]

Is something missing, such as a link?  #justsaying

https://www.instagram.com/p/CN6Dlo7l4QB/

[Hueristic]

I hear about government "sponsored" (controlled) cyber currency from time to time and I have to tell people that it's not a good idea. Most of the time I focus on things like "inflation", "currency debasement" and of course "this money can only be spent on these things we will allow you to buy".

I don't even consider the really weird stuff like "This money expires on xxxx", or "We can take this money back from you at our discretion". That is where stuff really gets creepy. I mean it's my labor that I am getting paid for, but I'm getting paid in a currency that can be taken away from me on a whim?

Fuck that noise. At least with paper dollars they have to send a thug with a truncheon to get it from me.

The thing about government "sponsored" (controlled) cyber currency is that it will NEVER be immutable (or fungible for that matter).

[Karartma1]

If you can in the future, stay the fuck away form CBDC. And always hold your bitcoin keys...
buying Elon dips.
thanks elon, such grateful much wow

[Toxic2040]

the one o'clock wall report

In a market unsure which way the wind is going to blow, bitcoin continues to hover around $43kish.  As usual elegantly poised to move in either direction. Honestly I dont particularly like how things look at the moment but I think it best just to wait and see how we come out of May. 


#dyor

1h


4h


D

#stronghands

[lightfoot]

No they don't.

"They" can take 50% from you without even knowing who the fuck you are by doubling the dollar supply on the ledger.. and does not matter which one you hold.. physical or digital....  similar with the gold manipulations in which some gold bag hodlers believe that there are significantly additional value to physical gold (beyond armagaeddon scenarios) in holding the actual cumbersome physical stuff...

Accordingly, our uncle sam or designee with merely push one lil button (or click the mouse) and wing-a-dingie-adee-ding, wam-a-dee-wee-woo-doodle.. and uie pooie end up having 50% less value than you had a few minutes earlier.   Easy ma peasie...

Fair enough, I think I accounted for that under "inflation type BS" which is a known attack by governments. And yes it does work on physical dollars, that's why I have moved them into bitcoin.

If they want my bitcoin they can try to get the password out of me with a blowtorch and a truncheon, but they do have to do it in person. I myself appreciate the "personal touch" type of service over an anonymous lout in a bunker. :-)

[El duderino_]

Hands up everyone! Next drop is coming.

[shahzadafzal]

Hands up everyone! Next drop is coming.

[JayJuanGee]

No they don't.

"They" can take 50% from you without even knowing who the fuck you are by doubling the dollar supply on the ledger.. and does not matter which one you hold.. physical or digital....  similar with the gold manipulations in which some gold bag hodlers believe that there are significantly additional value to physical gold (beyond armagaeddon scenarios) in holding the actual cumbersome physical stuff...

Accordingly, our uncle sam or designee with merely push one lil button (or click the mouse) and wing-a-dingie-adee-ding, wam-a-dee-wee-woo-doodle.. and uie pooie end up having 50% less value than you had a few minutes earlier.   Easy ma peasie...

Fair enough, I think I accounted for that under "inflation type BS" which is a known attack by governments. And yes it does work on physical dollars, that's why I have moved them into bitcoin.

If they want my bitcoin they can try to get the password out of me with a blowtorch and a truncheon, but they do have to do it in person. I myself appreciate the "personal touch" type of service over an anonymous lout in a bunker. :-)

Not to perpetuate this stream of discussion longer than it needs to, but many of us know that the ways of war have moved into the non-physical space, and sure physical is effective too, but the non-physical attack methods are gaining a lot of ground - even if you prefer metal pipe treatment.. you might not get your preferences so easily..

Further more, prices of metal has gone up,.. and some folks may be having some difficulties finding you too, no?.. of course, the BIG players are not going to have as many difficulties to find you, but there may well be some folks who are quite effective in concealing their physical location.. and even employ a sufficient amount of decoy tactics to be able to enjoy hookers, Lambos and blow without anyone (of concern) really knowing about it.

[El duderino_]

https://cointelegraph.com/news/83k-bitcoin-price-in-the-cards-after-data-shows-btc-whales-bought-the-dip?utm_source=Telegram&utm_medium=social

[Richy_T]

Is something missing, such as a link?  #justsaying

[Arriemoller]

General Von Clausewitz wrote in his famous book "Vom Kriege" ("On War") something like this.
If two parties go to war, the only way to get a lasting peace is for one of the parties to win a victory so overwhelming that the looser will not try to retaliate in a new war.
That's what the allied did with Germany, and the USA did with Japan.
I think that is what is eventually going to happen in this conflict too.

[Arriemoller]

WTF?
Did Elon dump his BTC??

We still discussing him???

 I respectfully disagree.  I've been on this highway for 8 years, Elon for what? 5 months tops?.  You have him on the main road and us taking a detour but I see it like this:

Remind me to never ride with you on a freeway intersection.