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

[cAPSLOCK]

EU thinking of banning PoW

The actual wording proposes a ban on POW, not a ban on fossil fuel energy use by POW cryptos.

Banning fossil fuel use by POW mining would make more sense than banning POW mining.
Has anyone pointed that out to them?

In fact, allowing POW use of green, sustainable energy would increase demand for green, sustainable energy and provide great benefits to the environment by driving green energy use. Subsidize POW green energy use, pass laws that encourage it.  If you ban POW, you're shooting yourself in the foot.

So go ahead, Europe, ban fossil fuel POW.  And encourage POW green energy use.

Someone needs to wake these people up.  How could they be so oblivious?

They are not oblivious at all.  They want control.  Bitcoin threatens that more than anything.  They are using a tried and true narrative to try to kill it.  You can see that it does not make any sense, but you assume they care about that part.  They do not.  Only the useful idiots will care about that.  This is unfortunate because there are a LOT of them.

They are currently using anything they can control half the population with as a wedge and a way to control the masses.  Environment, race, religion, politics, and so on.

The best we can possibly do is to just tell the truth.

Bitcoin energy use will revolutionize renewable energy, and support the creation of new energy sources in places that would not have had them without bitcoin providing a base use with value.  Bitcoin is going to make the earth greener faster than just about any technology we have ever seen before.

And THAT is just a side effect of the real freedom it brings.

This is inevitable... There are two sides lining up.

The old guard who wants to control the people of earth like farm animals and live off the prosperity the masses create.

And the proponents of freedom.

It is beginning to be quite obvious.  What is China doing?  If the EU wants to be more like China, then i am sorry to all of you friends who live there and will have to fight that nonsense.  Same with my country the USA.  We are barrelling towards that same point.

Bitcoin is more important than even we have understood.  It is AMAZING to watch this unfold.

Salute.

[Dabs]

Okay, just a speculation in a speculation topic.

Michael Saylor is the one who is causing all the bitcoin manipulation's like Wyckoff exeuction.

Do you agree?

I don't like Saylor too much.. He's gambling a lot and if it doesn't go exactly as he planned it could backfire big time on bitcoin as a whole

I think Saylor would seem a bit over-eager or something, but he's not wrong. He just happens to be more vocal about it than most other people and he has a platform to advance his opinions.

For a billionaire and a businessman, I think he has some fiat/cash as reserves as well, at least more than enough to continue living in the fiat world. His bitcoin holdings are in multi-sig cold storage, as well as the company's (which he probably has most of the keys too.) I'm almost sure he has more than enough fiat to live on for a good number of years and his bitcoin is just extra gravy that he will tap into in the next decade.

Also, he's mentioned he doesn't need to sell any, and will probably have it as forever collateral for a forever loan should he need more cash.

It's going up forever Laura.

There's another line of thought that goes along thinking of seven generations in the future ... He's probably doing that all by himself for his own family.

[Tash]

EU thinking of banning PoW

Only a politician can come up with a idea of banning work, or has to prove some work has been done.
Proof of work is nightmare of a politician.


Can someone point to work been done. Delivering remarks, viewing fireworks display, visiting orchards market, signing some papers
https://factba.se/biden/calendar/

[ChartBuddy]

Explanation

[El duderino_]

Okay, just a speculation in a speculation topic.

Michael Saylor is the one who is causing all the bitcoin manipulation's like Wyckoff exeuction.

Do you agree?

It's clearly Evil Elon, while Saylor is his submissive toy puppet.
Change my mind.

Sorry guys it’s me

LoL, pity I don’t have such powers

[philipma1957]

So just remember 1 btc = 1 btc

stack till you have a coin then hodl
that wallet

https://www.blockchain.com/btc/address/19oNXtgrEX9Lt6c7w3XXAxAWR2T7Ff7CiC

[ChartBuddy]

Explanation

[eXPHorizon]

https://www.youtube.com/watch?v=niVEeJVLJyo

Nikola Tesla Meets the Doctor | Nikola Tesla's Night of Terror | Doctor Who

I love this

[bitcoinPsycho]

[JayJuanGee]

EU thinking of banning PoW

What a bunch of retards.

EU thinking of banning PoW

Idiots, it's like asking for a ban on vaccines when a pandemic is taking off.

Luckily I don't think there is enough time for that proposal to become law before the Euro as a currency will reach hyperinflation, by that time the only thing saving the train wreck economy is Bitcoin.

If they are smart enough (or have any intelligence left) to recognize their savior when it may well be staring them in the face..  Sure some people will, but many folks seem to already be going quite well down the path of dumb and foggy thinkenings.

EU thinking of banning PoW

Have you ever thought about why there are more and more reports and tweets against Bitcoin? 

No.  Haven't thought about it.. spent all this time wandering the forum and did not think about nuttin.  Tell us.

Why are there more and more reports/tweets against our savior, king daddy?

EU thinking of banning PoW

The actual wording proposes a ban on POW, not a ban on fossil fuel energy use by POW cryptos.

Banning fossil fuel use by POW mining would make more sense than banning POW mining.
Has anyone pointed that out to them?

In fact, allowing POW use of green, sustainable energy would increase demand for green, sustainable energy and provide great benefits to the environment by driving green energy use. Subsidize POW green energy use, pass laws that encourage it.  If you ban POW, you're shooting yourself in the foot.

So go ahead, Europe, ban fossil fuel POW.  And encourage POW green energy use.

Someone needs to wake these people up.  How could they be so oblivious?

The reality of the matter, is there is no need to ban shit.  So they can ban POW mining and then wait to see if other jurisdictions follow or not.  Maybe bitcoin mining will be either underground or just located in less hostile jurisdictions.  Do you think all jurisdictions are so stupid as to ban something so powerful as POW mining... They understand not, and even their populations within those jurisdictions likely know better and know that their governments are just scared fucks and acting on the side of banks and other threatened status quo institutions rather than really acting on the will of the people.  Ban is likely going to be temporary in any jurisdiction who goes down that path and suffers from the will of the people thinking otherwise.

Remove Chartbuddy, bring back V8
 
miss the guy
does anyone know anything about him? if you know and don't want to share please DM

For all intents and purposes, he's a gonner.  RIP V8 and welcome back CB.  Get a grip... Bots are taking over this place.

[WaltKitty]

Change my mind.

https://arstechnica.com/science/2021/07/what-fractals-fibonacci-and-the-golden-ratio-have-to-do-with-cauliflower/

[cAPSLOCK]

So just remember 1 btc = 1 btc

stack till you have a coin then hodl
that wallet

https://www.blockchain.com/btc/address/19oNXtgrEX9Lt6c7w3XXAxAWR2T7Ff7CiC

P2PKH address?  Keep that pubkey safe to guard against those pesky quantum computers...

[ChartBuddy]

Explanation

[JayJuanGee]

Okay, just a speculation in a speculation topic.

Michael Saylor is the one who is causing all the bitcoin manipulation's like Wyckoff exeuction.

Do you agree?

Oh gawd.

More mono-causal explanations.   


Simplifying a complex thing sure feels much MOAR better because it is difficult to think about more than one thing at a time, amiNOTrite?

Okay, just a speculation in a speculation topic.

Michael Saylor is the one who is causing all the bitcoin manipulation's like Wyckoff exeuction.

Do you agree?

I don't like Saylor too much.. He's gambling a lot and if it doesn't go exactly as he planned it could backfire big time on bitcoin as a whole

Oh gawd...

Saylor is buying all the bitcoins.. so I don't like him.. .

Whatever.... 

By the way, making a speculative bet surely is gambling.. but I doubt that he is gambling in a way that is has any meaningful and significant (emergency-like) short-term consequences (or even negative consequences on the bitcoin space) like you seem to be implying, Hhampuz, because a lot of his debt comes due between 4.5 years and 7 years from now, and he has various back-up strategies and he also has various plans in the event that matters don't play out in the expected direction... so I doubt that the consequences of "not turning out" are as dire as you are making them out to be, Hhampuz... and the use of the term "exactly" in your description of the situation comes off as an exaggeration as well.. there is not "exactness" in what Saylor is betting upon in order for his "bet" to be successful (or at least not a failure). 

There is overall trend in bitcoin that could go big for Saylor or could go medium or could go flat and any of those kinds of medium to flat scenarios would not necessarily be losing bets for him or his company... so the black and white way of your framing the matter seems to come out of some sense of failure/refusal to understand what Saylor is betting and what results he might need (or prefer) rather than really considering various likely substantive and material ramifications of the "Saylor play" - whether you are referring to negative consequences upon him or negative consequences upon the bitcoin space.

Another point related to potential negative consequences is that I surely consider the Saylor play to be quite an amazing thing be doing and the public way that he has been doing it.. hahahaha.  Sure there is some seeming gambling (because it uses quite a bit of leveraging and investing beyond reasonable and prudent means for various individuals - and maybe even a lot of institutions could NOT make such a play - not saying that for sure it is imprudent or unreasonable for MSTR/Saylor to make such a play) involved but it is a very public and "in your face" kind of a play, and surely is a thing to really put bitcoin into the minds of a lot of institutional investors and governments, and whether they act on the side of bitcoin as a result of such "in your face" knowledge or if they decide to act against bitcoin (or stay neutral.. that is a possibility.. that causes them to get left behind while having the knowledge), the Saylor play is an "in your face" play, for whatever that is worth and should cause the astute persons/institutions/governments to think and consider the bitcoin matter - or at least to wake the fuck up.. things are happening (it's happening) and get on the boat or not, is your choice.

[ChartBuddy]

Explanation

[aysg76]

Still figuring out this one?But what happens if John tells Sarah that he doesn't have any physical coins and not willing to make any transaction with his bitcoin and just want to hold it for the time being?

[JayJuanGee]

So just remember 1 btc = 1 btc

stack till you have a coin then hodl
that wallet

https://www.blockchain.com/btc/address/19oNXtgrEX9Lt6c7w3XXAxAWR2T7Ff7CiC

These days, some normies do not have the resources to get a whole coin, so a large number of peeps are going to need to start to think in terms of fractions of a coin, and even satoshis would probably be a good way of thinking... so let's say that having a goal of getting to 2.1 million satoshis might not be a bad idea of a starting goal.

Even last year, it may have been practical and prudent and reasonable for normies to shoot to get a whole bitcoin, but gosh even $3k, $6k, or $10k might have been difficult for some to reach such target.. but for sure, I am feeling as if talking in terms of having a target of getting to a whole coin might cause too many normies to become frustrated because peeps need to create more manageable, reachable and realistic goals, and so many normies do not even have a month or two of cashflow saved up so how the fuck they going to set aside a whole coin?

Of course, we know that getting more coins is even better, but overextending your finances, or concluding that investing into bitcoin is "futile" because "it's too late", or gambling is not good approaches to the stacking of sats matter, either.

I am o.k. with suggesting that goals of 2.1 million sats or even getting to a million sats would be good starting points, and of course, once anyone reaches these seemingly more reachable goals, then they can reassess their situation in terms of whether they want to continue stacking sats and if they consider that stacking more sats is good for them and that they are able to reach higher goals, and of course, the closer anyone gets to reaching 100 million sats, the more that they might believe that they are reasonably, prudently and practically able to reach that kind of goal given their own financial circumstances, including considering their timeline and the other important factors involved in making individually tailored conclusions about what their goals should be or could be.

Yes... I know that there are some folks in this here thread that have already reached 100 million sats and exceeded such goals, and surely nothing wrong with that either, and surely right now to get to fuck you status, I am presuming that there is a need to get to around 150x of the 100 million sats status, and that is around $2 million in value using the 208-week moving average price (which is about $13,500 as I type), but of course such "fuck you" status level has been ongoingly coming down in terms of bitcoin/sats - even if I personally raised that number from $1 million to $2 million (in terms of fiat) based on some of the seemingly obvious money printing shenanigans that became more apparent in and around March 2020... so anyhow, will be using $2 million as the general "fuck you" status entry-level guide from here on out, and surely some people can feel comfortable with getting to less and feeling that they reached fuck you status and some people feel that they need more, but $2 million seems to be a pretty good working number for the time being.

Still figuring out this one?But what happens if John tells Sarah that he doesn't have any physical coins and not willing to make any transaction with his bitcoin and just want to hold it for the time being?

For sure, that's a decently good set of puzzles to ponder upon, aysg76.

Because John even seems to be scared of Opsec issues, and may not have realized that a camera was aimed upon his failure/refusal to take care of his physique situation.

I am trying to place John in the WO thread, but I am a bit of a scaredy-cat in terms of interfering with anyones Opsec, including but not limited to yours truly.

[suchmoon]

LOL I knew this forum has gone to shit but making it 100% official is still quite amusing:

[Dabs]

... a lot of his debt comes due between 4.5 years and 7 years from now, and he has various back-up strategies and he also has various plans in the event that matters don't play out in the expected direction...

It has been studied for awhile, just using price history as data, that anyone who bought bitcoin at any time and held for at least 3.8 years should be in profit. So holding bitcoin for at least 4 years and even up to 7 years without doing anything to it, should yield a nice capital gain or profit.

I'm trying to look for the article or data (of course, price data is easy enough to find) ... but it's out there.

A conservative plan to hold for at least 4 or 7 years or longer should be more profitable than anything else out there.

[eXPHorizon]

These Green ants are Delicious for eating ! A lemony like taste.. Australian delicasy

Wew i wanted to see some Anteaters and came across this majestic being Looks so cool , gotta love Nature !



And this guys :

https://www.youtube.com/watch?v=lyVYM_OjZJk