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

[Arriemoller]

To all people new in crypto/trading.

You should not trade before you can answer this correctly:

A man buys a goat for 60.
Then he sells it for 70.
Later, he buys that goat back for 80.
Then, he sells it again for 90.

How much profit did he make?

Reply in comments also!

https://twitter.com/LSDinmycoffee/status/1396253987725262851?s=03

Give us a timeline? Have to bring inflation to the calculation...

All the info needed to answer this correctly is already there.

I suck at math as you all know, I even had trouble with that math problem your kid also had trouble with, took me about 15 minutes before I realized that the trick is to forget about the cents and just move the decimal comma two  places and then just add the cents.

Anyhow I use compartments and envelopes and stuff to do this kind of math, and sometimes in real life as well, so here is my answer.

I have 60 and apparently I live somewhere in the middle east or north Africa, because I choose to buy a goat instead of an I-phone. I have my life savings in an envelope marked  "I", I take the money from I and buy an I-goat.
I now have no money but a really cool MENA I-goat.
My friend comes along and admires my new I-goat and convinces me to sell it to him, he pays me 70
I now have no goat but 70 money.
That is a profit of 10 money.
After a while my friend discovers that it is a he goat and wants to sell it back.
I had grown fond of the goat and decided to accept his offer of 80 money, but I only have 70 so I have to borrow 10 from the envelope marked "mom".
I now have a goat and minus 10 money
A little later my friend comes back, he has now discovered his true self, joined a closed facebook group named "he goat lovers", and wants to buy the he goat back. I accept and sell it to him for 90 money.
I give 10 money back to "mom" and now I have 80 money.
My initial investment was 60 money so I'm now plus 20 money.
My answer is 20 money.

[El duderino_]

Seasoned bitcoin’er!
Speaking right now, do not fear...
Buy coins when there cheap.

[Arriemoller]

I'm thinking of buying a 3D printer, and I'm looking at the Anycubic Photon Mono, a resin printer, and maybe a Creality3D Ender-3 V2 for prints that don't need fine details.

I will mostly be printing stuff for model railways in H0 (1:87) scale so the resin printer will be for the small fine detail stuff and the other one for the rest.

They both seems to have good reviews and a reasonable price, do you guys have any comments or experience on these machines that you could kindly share?

 Get yourself a fume hood if you go with resin - the smell can be unbearable.

Yes I have heard so too, apparently it differs a lot between different types of resin.
I was planning on putting it in a room downstairs and close the door, maybe open a window if necessary.
I have looked into some more printers, and have decided on the Elegoo Mars Pro, it takes bigger prints and has a active coal (Or whatever it's called in English) filter that supposedly kills most of the odor.
And it's cheaper than the Photon Mono.

[Arriemoller]

surely chart buddy is not to blame

Chart Buddy returns, the price falls.
Draw your own conclusions.

[bitmover]

I don't know if this has been shared here before, but I guess you guys here will like it:

Bitcoin historical price corrections (a few days outdated, our crash is now more than 51%


https://www.visualcapitalist.com/bitcoin-historical-corrections-from-all-time-highs/


This is a common volatility for our market. We have seen this before, and we will see it again.

[Richy_T]

Yes I have heard so too, apparently it differs a lot between different types of resin.
I was planning on putting it in a room downstairs and close the door, maybe open a window if necessary.
I have looked into some more printers, and have decided on the Elegoo Mars Pro, it takes bigger prints and has a active coal (Or whatever it's called in English) filter that supposedly kills most of the odor.
And it's cheaper than the Photon Mono.

I have an ld-002h and I don't find the resin smell too bad. Then again, I have it in a semi-dedicated room. I definitely would not want to be sitting in it for long periods of time. The issue with the filter is that it only helps when the machine is on and even then I'm not sure I notice it helping much. Apparently some of the machines do not make it easy to change the filter too so you may want to look into that.

You'll also want to be getting a bunch of IPA, some gloves and a couple of containers for rinsing in. Oh, and some kind of UV light source. I was fortunate enough to have one lying around.

[strawbs]

Seasoned bitcoin’er!
Speaking right now, do not fear...
Buy coins when there they're cheap.

I hate to be a grammar nazi but, you know, it is a haiku after all, and a Sunday Same number of syllables too.

[Arriemoller]

The rain is over
The sun did return briefly
Will bitcoin follow

[ChartBuddy]

Explanation

[AlcoHoDL]

The rain is over
The sun did return briefly
Will bitcoin follow Bitcoin will follow

FTFY.

[Sayeds56]

the noon wall report

The PPT has been hard pressed over the last several days as the Bear insurgency gained unexpected momentum towards the salient. However this has left their flanks undefended and brutal defilade fire has staunched the assault for now.

Stay tuned as the GAINZ Network© brings you more of this developing story.

#dyor

1h


4h

#stronghands

A strong green candle on 4Hrs chart is in the making. Very good sign for Price recovery. RSI is also showing V shape recovery.

[strawbs]

[Biodom]

he is late, this has been discussed on WO for months  .

EDIT: no way btc is worth just 0.2-0.6% of all financial assets (a broad range calculated from either 100 or 300tril, since opinions vary on which is a number that better describe those).

[ChartBuddy]

Explanation

[marcus_of_augustus]

June is shaping up to be a doozy of propaganda vs. truth distractions

... Wuhan lab leak confirmed

... UFOs confirmed/distraction

... Basel III unleashes gold price after 30 years controlled by paper derivatives with 100-1 leverage

[Biodom]

... Basel III unleashes gold price after 30 years controlled by paper derivatives with 100-1 leverage

thanks for this info, it looks interesting (I was unaware of this somehow).

[marcus_of_augustus]

... Basel III unleashes gold price after 30 years controlled by paper derivatives with 100-1 leverage

thanks for this info, it looks interesting (I was unaware of this somehow).

... check into this then, it's important. Geopolitical problems of 30+ years are coming to a head. The rise of Bitcoin has forced some hands to be sure ...

https://www.zerohedge.com/commodities/basel-iii-new-role-gold

... Like bitcoin or hate it, the latest rally was deeply embarrassing to everyone who’s been skimming the cream off society via the monopolistic monetary system. Their lies were laid bare for all of us to see.

It doesn’t surprise me at all that this week was the week chosen to do the hatchet job on crypto. It was also the week where the plumbing of the financial markets became so thoroughly clogged (see Whalen’s article above) that there was no choice but to demoralize the rubes who thought they would escape the Great Reset.

Everyone must be liquidated to make the world safe for German eugenicists and commies.

So, Basel III is coming to destroy the paper gold markets and destroy the money center banks in New York and London while setting the stage to bail out the euro-zone. Higher gold prices are the answer to all of these things. Think of it this way, in a world where debt assets are failing and new private forms of custodial assets are rising in mindshare, what’s the only real weapon the central banks have to maintain credibility?

Their gold reserves.

How do you, if you are the ECB, use that weapon simultaneously against your two main competitors, the commercial banking interests in New York and London and the nascent crypto anarchists? You deploy your gold and steal everyone’s thunder....

[marcus_of_augustus]

... thing to remember about slimeball Musk is Tesla's accountants have booked their BTC as "intangible, indefinite-lived assets" which means they get to hold them on the books at the lowest marketed value ... e.g. like the new low printed shortly after Musk's manipulative tweeting


... scumbags do their best work in the fine print

[BTCaesar]

I hope that Bitch Elon is learning something from these recent dips and got already his lesson…

[ChartBuddy]

Explanation