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

[ChartBuddy]

Explanation

[modrobert]

Coyote gifs.. what a flashback!

NotLambchop, my first ignored in the forum.

Not a fan of Coyote? It felt appropriate as the BTC/USD rate seems a bit weightless at the moment.

[sirazimuth]

Hey Chartbud!   I command you to post...


.....

wtf?...does he take a tea break at 4pm or something?


oh nevermind... daylight savings...my bad

[JayJuanGee]

So sure they will continue to have more battles to keep BTC's price where they would like it to be (and to proclaim that they are keeping it there).  I could probably give you a litany of examples, but it is a BIG ass waste of time, and you have to figure that out for ur lil selfie.. whether it takes you a few weeks to figure it out or you dabble with those kinds of misconceptions for 10 years or longer when you could have just been buying bitcoin.

I am very impressed that you are able to discern my time of involvement with Bitcoin and also my accumulation habits out of a few short sentences. Kudos to you.

This is a public thread, so such comment is not attempting to identify your specifics, even  though you are more than free to share them in order that we can try to get to know you a wee bit MOAR better.

In other words, inevitably, just like 2016, your lil Wall street buddies have to change their purported price control reference points (ongoingly in the upwards direction) in order to make it seem that they have any kind of semblance of an idea about what is happening in bitcoinlandia and to appear as if they have control of BTC prices beyond relatively short periods of time.

I did not step into this thread to start a flame war but your presumptions about who and what my "buddies" are is flawed in my opinion.

I think that I made a fair inference, but sure maybe we will get to know you better and figure out if you might have allegiances or not.

I think what I pointed out is a relevant topic in relation to the current price dynamic.

It's not an unfair topic.  

Hey Chartbud!   I command you to post...


.....

wtf?...does he take a tea break at 4pm or something?


oh nevermind... daylight savings...my bad

Snap out of it, sirazimuth.

[shahzadafzal]

Interesting story of how El Salvador adopted bitcoin. It’s not a one day news in fact bitcoin took its time. This small documentary explains very well how it has happened, or it won’t be wrong if I say a best video of how living in a bitcoin town would be.

Apparently it all started with when in 2019 “someone” donated 12 bitcoins to this beach village. This someone is still a mystery may be he was Satoshi or El duderino_ who knows?? He or they we don’t know.

I like her .. Dominga Peña she says “I use bitcoin to save money”. Yes this is a story of small town but this will be an example for the future. We as a generation don’t have idea how or when this paper money took over the world but certainly we are the generation watching this paper money loosing its ground and its fake power in front of our eyes.


Of course Governments and these federal banks won’t give up so easily we can expect there will be more restrictions and bans around bitcoin but it has began and stopping bitcoin won’t be easy too.

On a side note I like this documentary because that’s how journalism should be, don’t just speculate the news. Go and bring the facts first hand talk to people who are involved. We can still argue how it’s being presented but that’s a topic for another day.

Watch this small documentary of El Salvador village here https://youtu.be/jvHN0MEBoZo

[El duderino_]

Always keep calm and look to the important things

[El duderino_]

Interesting story of how El Salvador adopted bitcoin. It’s not a one day news in fact bitcoin took its time. This small documentary explains very well how it has happened, or it won’t be wrong if I say a best video of how living in a bitcoin town would be.

Apparently it all started with when in 2019 “someone” donated 12 bitcoins to this beach village. This someone is still a mystery may be he was Satoshi or El duderino_ who knows?? He or they we don’t know.

[sirazimuth]

....
Snap out of it, sirazimuth.

What?!...snap outta my permanent asshattery persona here on the wob??

That's a mighty tall order Jay....

[cAPSLOCK]

Interesting story of how El Salvador adopted bitcoin. It’s not a one day news in fact bitcoin took its time. This small documentary explains very well how it has happened, or it won’t be wrong if I say a best video of how living in a bitcoin town would be.

Apparently it all started with when in 2019 “someone” donated 12 bitcoins to this beach village. This someone is still a mystery may be he was Satoshi or El duderino_ who knows?? He or they we don’t know.

I guess I finally get to find out. Not who gave the 12BTC, but another question I have long wondered.

One of the things that the Keynesian types like to argue is Bitcoin cannot be a good store of value, or medium of exchange BECAUSE of it's volatility.

I have always wondered if it was ever used as a money in a particular place, how could that change, or be tested.  There are two parts to this:

1. In Central and South American countries the people are used to currency instability.  But they are not used to having it in both directions.  They are, however used to the value of their money dropping.  Sometimes so much that they are forced to spend it more quickly than they might want otherwise.  Bitcoin will give them a currency that so far, has been ridiculously volatile, but overall has been going UP.  Since they are already practiced with DOWN this might just be an easier transition for a country like ES (of course the USD is more stable there)

2.  As it is used in a particular area, will the price swings be dampened a little?  In other words will the asset begin to become more stable just out of convenience?  No one WANTS to have to carry a sliderule around with them to do calculations.  And of course with a mobile wallet, if they start out by pricing the goods in USD and just letting the underlying asset shift as needed, that will not have a dampening effect.  But if some brave Pupusa sellers start to price their goods in BTC first, it could.

The overall thought is this might be yet another reason we start to see less seasonal (4 year) halving effects, and more smoothing of the ascending yo-yo effect of Bitcoin.

I think the convergence of new fundamentals is becoming staggering in Bitcoin. On every front, wallet tech, mining, legal, global etc we are barrelling ahead so fast it's getting hard to realize how much faster the train is actually going now than it was just a year ago.

I really think we are close to people starting to look back and realize that it became unstoppable a while back.

I am in an incredible bullish wave thoughts wise.

[ChartBuddy]

Explanation

[modrobert]

Interesting story of how El Salvador adopted bitcoin. It’s not a one day news in fact bitcoin took its time. This small documentary explains very well how it has happened, or it won’t be wrong if I say a best video of how living in a bitcoin town would be.

Apparently it all started with when in 2019 “someone” donated 12 bitcoins to this beach village. This someone is still a mystery may be he was Satoshi or El duderino_ who knows?? He or they we don’t know.

I like her .. Dominga Peña she says “I use bitcoin to save money”. Yes this is a story of small town but this will be an example for the future. We as a generation don’t have idea how or when this paper money took over the world but certainly we are the generation watching this paper money loosing its ground and its fake power in front of our eyes.

Of course Governments and these federal banks won’t give up so easily we can expect there will be more restrictions and bans around bitcoin but it has began and stopping bitcoin won’t be easy too.

On a side note I like this documentary because that’s how journalism should be, don’t just speculate the news. Go and bring the facts first hand talk to people who are involved. We can still argue how it’s being presented but that’s a topic for another day.

Watch this small documentary of El Salvador village here https://youtu.be/jvHN0MEBoZo

Thanks for sharing, interesting indeed.

The villagers seems optimistic, the reporter introduced some of the common propaganda FUD you see with mainstream media, but he wasn't too shabby. I mean "Bitcoin going to zero" is not going to happen, you can't kill an open source idea/invention once it's public, and the scam fears were over long ago. I remember around 2012-2013 when we had a never ending stream of "Bitcoin is a ponzi scheme!" posts in this forum, users registering only to point that out, the rate was around USD$12 per BTC back then....where are those guys now?

[El duderino_]

https://twitter.com/DocumentingBTC/status/1409621695279747089?s=20

 

[cAPSLOCK]

Interesting story of how El Salvador adopted bitcoin. It’s not a one day news in fact bitcoin took its time. This small documentary explains very well how it has happened, or it won’t be wrong if I say a best video of how living in a bitcoin town would be.

Apparently it all started with when in 2019 “someone” donated 12 bitcoins to this beach village. This someone is still a mystery may be he was Satoshi or El duderino_ who knows?? He or they we don’t know.

I like her .. Dominga Peña she says “I use bitcoin to save money”. Yes this is a story of small town but this will be an example for the future. We as a generation don’t have idea how or when this paper money took over the world but certainly we are the generation watching this paper money loosing its ground and its fake power in front of our eyes.

Of course Governments and these federal banks won’t give up so easily we can expect there will be more restrictions and bans around bitcoin but it has began and stopping bitcoin won’t be easy too.

On a side note I like this documentary because that’s how journalism should be, don’t just speculate the news. Go and bring the facts first hand talk to people who are involved. We can still argue how it’s being presented but that’s a topic for another day.

Watch this small documentary of El Salvador village here https://youtu.be/jvHN0MEBoZo

Thanks for sharing, interesting indeed.

The villagers seems optimistic, the reporter introduced some of the common propaganda FUD you see with mainstream media, but he wasn't too shabby. I mean "Bitcoin going to zero" is not going to happen, you can't kill an open source idea/invention once it's public, and the scam fears were over long ago. I remember around 2012-2013 when we had a never ending stream of "Bitcoin is a ponzi scheme!" posts in this forum, users registering only to point that out, the rate was around USD$12 per BTC back then....where are those guys now?

"How does it feel to be the white guy who is coming in to save these poor people".

I have to admit, I loathe this generation at times.  Such a question sounds like righteousness, yet when you actually examine the assumptions it is based on you realize it is made of the exact thing it attempts to expose.

[cAPSLOCK]

https://twitter.com/DocumentingBTC/status/1409621695279747089?s=20

 

I almost wonder if the price doesn't go down 5% the moment one of these things gets approved in the US.   It has become almost anti-news.

It is, however, just a matter of time.

[LFC_Bitcoin]

Buddy Blocker

When $40,000 FFS 

here ya go...

Is that a look into the future (this week)

[El duderino_]

Dechamp going home

The Dude can sleep good….

Cheers

[LFC_Bitcoin]

Always keep calm and look to the important things

That’s crazy!

How long could we live, maybe until we are 85 or something? So there will be less than 0.01 bitcoin mined per block then.

Did somebody say actual OG whales?

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[marcus_of_augustus]

... who sold at the bottom?

... same sheeple buying Musk's doge shit at the top?