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

[Free Market Capitalist]

Make no mistake, this is a backdoor Bitcoin ban.

Compliance is impossible. Their intent is to criminalize full nodes, lightning nodes, and most Bitcoin wallets.

https://twitter.com/balajis/status/1423471937318129668

... it appears that the Democrats have gone full nazi, now championing effectively what is a BITCOIN BAN in the USSA

... hope all you leftie coiners here are happy with your choice of jackboot, at least now we can see the colour of the jackboots that will stomp on the throat of bitcoin so we know who to shoot back at

Of the five senators mentioned in the tweet, 3 are Republican. Just so you know who's stealing your bitcoins instead of trusting the over-excited marcus here.

I think you are right but I would like to specify. Senator Warner (Democrat) and senator Portman (Republican) are those who have proposed the last minute amendment which seems to be more detrimental to our interests. The other three, who are also from both parties, the amendment that seems most favorable.

So it does not seem to be a party issue. You know I don't agree with you on many things and I like to check what you say, but if I understand you are right I say so.

[Toxic2040]

...have to admit..i have some rocket envy..

another bit of history this morning




NasaSpaceFlight

[ChartBuddy]

Explanation

[Biodom]

Make no mistake, this is a backdoor Bitcoin ban.

Compliance is impossible. Their intent is to criminalize full nodes, lightning nodes, and most Bitcoin wallets.

https://twitter.com/balajis/status/1423471937318129668

... it appears that the Democrats have gone full nazi, now championing effectively what is a BITCOIN BAN in the USSA

... hope all you leftie coiners here are happy with your choice of jackboot, at least now we can see the colour of the jackboots that will stomp on the throat of bitcoin so we know who to shoot back at

This has nothing to do with dems or repubs as some of those are repubs.
This is a test for western civilization: pass or fail.
It seems that we are failing. That's all.

Octogenerians don't understand that you cannot collect taxes on something (economic activity) that does not exist or will not exist (or severely curtailed).

[proudhon]

People get used to FUD

I've conducted 10 years worth of extensive scientific research into this very question and I can conclusively say that while some individuals may get used to FUD, populations do not.

Your scientific research has also resulted in your ridiculously failed predictions.

You can shove them up your ass.

[bitcoinPsycho]

$44k in one hour

[fillippone]

...have to admit..i have some rocket envy..

another bit of history this morning




NasaSpaceFlight

Plot twist!

[JayJuanGee]

We have seen people saying that we have missed the boat as it's too late to invest in bitcoin now but the actual problem is that we have not missed the boat but in actual life we are just in the wrong boat and living in fake world of central authority.There are two boats in the sea one is fiat and all other CDBC yet to be issued and other inflationary Central assets and other one is deflationary bitcoin boat.The fiat is like titanic big and used by everyone but the government printing money to cover fiscal deficit act like big icebergs which will make that boat and world economy sink.

But bitcoin is like small boat in which you can make some holes of FUD,criminal allegations but they can't sink it and it will cross the floods and high tides easily also.With all people joints effort and bitcoin becoming mainstream the boat will become more strong and those who take it will watch the other boats sinking but they will don't have any worry about it.

You just need to change your boat and shift from your old traditional markets to decentralised and deflationary bitcoin boat.

If you don't believe in fud. You can invest in Bitcoin at any time. See if you believe in the future of Bitcoin.
I believe that the future value of Bitcoin is getting higher and higher, so I feel that I can invest in Bitcoin at any time.

Of course, you can invest at any time, but there are advantages to investing early too.

Part of the selling points of DCA is that you may well be putting in your extra cash as soon as it comes available, so maybe someone will invest $10k in BTC over 3-4 years, but would not have been able to invest hardly anything in bitcoin when first hearing about it because s/he has no extra cash to invest.

In other words, once you know bitcoin is a good investment , then invest what you can as soon as you can, but don't necessarily need to put your finances (or cashflow) or psychology at risk... and in that regard, if you are staying in the investment 4 years or more, then you will likely see the investment compounding upon itself, so the earlier aspect of the investment should have decently better compounding effects with the passage of time.

People get used to FUD

I've conducted 10 years worth of extensive scientific research into this very question and I can conclusively say that while some individuals may get used to FUD, populations do not.

Your scientific research has also resulted in your ridiculously failed predictions.

You can shove them up your ass donkey butt.

made a very important FTFY

[Richy_T]

I mean, we knew they were not going to go down without a fight. The petrodollar is on borrowed time and we're at the foothills of hyper-inflation. Prepare for things to get messy.

[Biodom]

...we're at the foothills of hyper-inflation. Prepare for things to get messy.

I don't think so. I don't see any feverish economic activity (apart from FAANG stock prices).
In any downturn we will go deflationary, imho.
The rapid spike in housing prices, for example, is prone for eventual decrease in prices, which would be a deflationary pulse.
BTW, look at gold and silver today. Does this look inflationary?

[Dabs]

off topic question for users of Tor.

Is darkfailllnkf4vf.onion and http://dreadditevelidot.onion still operational? I went to check them out for first time in years and they are both down.

If they aren't a thing anymore is there any sites that replace them?

I don't know about those specifically, what were they? But new onion sites use the v3 address which is longer, about 56 characters rather than 16.

I vaguely remember something about darkfail being like a directory ... perhaps similar to the hidden wiki.

[proudhon]

We have seen people saying that we have missed the boat as it's too late to invest in bitcoin now but the actual problem is that we have not missed the boat but in actual life we are just in the wrong boat and living in fake world of central authority.There are two boats in the sea one is fiat and all other CDBC yet to be issued and other inflationary Central assets and other one is deflationary bitcoin boat.The fiat is like titanic big and used by everyone but the government printing money to cover fiscal deficit act like big icebergs which will make that boat and world economy sink.

But bitcoin is like small boat in which you can make some holes of FUD,criminal allegations but they can't sink it and it will cross the floods and high tides easily also.With all people joints effort and bitcoin becoming mainstream the boat will become more strong and those who take it will watch the other boats sinking but they will don't have any worry about it.

You just need to change your boat and shift from your old traditional markets to decentralised and deflationary bitcoin boat.

If you don't believe in fud. You can invest in Bitcoin at any time. See if you believe in the future of Bitcoin.
I believe that the future value of Bitcoin is getting higher and higher, so I feel that I can invest in Bitcoin at any time.

Of course, you can invest at any time, but there are advantages to investing early too.

Part of the selling points of DCA is that you may well be putting in your extra cash as soon as it comes available, so maybe someone will invest $10k in BTC over 3-4 years, but would not have been able to invest hardly anything in bitcoin when first hearing about it because s/he has no extra cash to invest.

In other words, once you know bitcoin is a good investment , then invest what you can as soon as you can, but don't necessarily need to put your finances (or cashflow) or psychology at risk... and in that regard, if you are staying in the investment 4 years or more, then you will likely see the investment compounding upon itself, so the earlier aspect of the investment should have decently better compounding effects with the passage of time.

People get used to FUD

I've conducted 10 years worth of extensive scientific research into this very question and I can conclusively say that while some individuals may get used to FUD, populations do not.

Your scientific research has also resulted in your ridiculously failed predictions.

You can shove them up your ass donkey alpaca butt.

made a very important FTFY

Jesus, do I have to do everything around here.

[Richy_T]

BTW, look at gold and silver today. Does this look inflationary?

That short term isn't very interesting.

I did look at the price of beef today. $1-2 per pound up from when I last looked a few weeks ago. Lumber still up. 3,500,000,000,000 dollar bill floating around, millions of unemployed crossing the border and a number of countries who've already made noises about deposing the petrodollar.

It doesn't happen till it happens but anyone who's not getting their ducks in a row is going to be like the people who was complaining there was no TP available because all the people who saw there was going to be a run on TP went ahead and stocked up.

[Biodom]

BTW, look at gold and silver today. Does this look inflationary?

That short term isn't very interesting.

I did look at the price of beef today. $1-2 per pound up from when I last looked a few weeks ago. Lumber still up. 3,500,000,000,000 dollar bill floating around, millions of unemployed crossing the border and a number of countries who've already made noises about deposing the petrodollar.

It doesn't happen till it happens but anyone who's not getting their ducks in a row is going to be like the people who was complaining there was no TP available because all the people who saw there was going to be a run on TP went ahead and stocked up.

Lumber is reverse spiking down and is currently lower than in 2018 (down more than 66% from the peak), lower YTD and on 1 year chart, down 7.4% today alone.
https://www.nasdaq.com/market-activity/commodities/lbs

Unless they spike the bowl again, it is going to be deflation, imho.

[psycodad]

Observing $41830 - Go Honeybadger, go!

After all, 42(k) would be the answer to everything.

[UnDerDoG81]

42k broke. What's next? I dont know what to think about this US thing going on. I knew the day will come they will fight it. But I did not expect it that early. Looks like this small assett hurts them already big.

[ChartBuddy]

Explanation

[ivomm]

[Richy_T]

Lumber is reverse spiking down and is currently lower than in 2018 (down more than 66% from the peak), lower YTD and on 1 year chart, down 7.4% today alone.
https://www.nasdaq.com/market-activity/commodities/lbs

Unless they spike the bowl again, it is going to be deflation, imho.

OK, I'll give you lumber. I didn't see it had fallen like that. But it seems there were backlogs and probably lots of jobs got cancelled. Good for me though, I have a shed I want to build. We'll have to see with the other stuff but IMO, the effects of government spending are going to dominate.

[d_eddie]

Dedicated to LFC_Bitcoin and to our good girl, who didn't need much poking to do her thing this time.

https://twitter.com/benthecarman/status/1423171774150324228?s=21

Going up and down
bought under 58k
good girl keep at it






#haiku