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

[ChartBuddy]

Explanation

[1714954951]

1714954951

[JSRAW]

@LFC_Bitcoin your boii Joe Root is done and dusted for today, this fucker was in excellent form. At least 1 Joe is doing good in international level ... keep up with the spirit of the game if everyone bends over in the next 2 hours. Almost morning for me but i'm up and watching the game.  

[JSRAW]

@shahzadafzal If anyone celebrating this fuckup in Pakistan (recent events in Afg), please remind them that not one Afghani recognize the Durand line, be it your good taliban or bad taliban.

[El duderino_]

https://twitter.com/bitcoinomist/status/1427292714173825024?s=21

Made me laugh

[ChartBuddy]

Explanation

[Biodom]

^^^ means US$ is toast as world reserve currency, probably got less than 5 years left now, maybe just a couple

Empires die slowly at first, then all at once. Plan accordingly.

I disagree, but only somewhat.
There are uncanny parallels with Rome, though.
~450-470 years of the Republic, followed by ~450-500 years of the Empire: ~200 years of imperial ascendancy and 250-300 years of decline.

Some might argue that US became kind of like a "limited' empire somewhere after WWII.
We had maybe 1776-1945 (169 years) of the republic and 76 years as a 'limited' empire.
Roman empire started to decline at approx 50% of time spent as a republic and declined for almost as long.
If drawing direct analogies, US might start to decline about now (maybe Afganistan is a marker of sorts) and continue for another 70-80 years.
Not 5 or a couple!
I expect the process to be slow, and i would welcome it to be slow because we all know what happened after Rome collapsed: 900-1000 years of 'dark ages'.

EDIT: BTw, here is a very important opinion piece (about bitcoin, laws, innovation, etc) from Niall Ferguson, which many conservatives and even moderates listen to:
https://www.bloomberg.com/opinion/articles/2021-08-15/niall-ferguson-nixon-the-gold-standard-and-a-bitcoin-bonanza

If we have learned nothing else from the past half-century, it is surely that the best way to win a race with totalitarian rivals is not to copy them, but to out-innovate them. Make the wrong decision at this historic turning point, and we shall be interrupting a much bigger bonanza than Nixon did.

[ImThour]

Taliban took over Afghanistan, BTC can fix this /s.

[lightfoot]

I disagree, but only somewhat.
There are uncanny parallels with Rome, though.
~450-470 years of the Republic, followed by ~450-500 year of the Empire: ~200 years of imperial ascendancy and 250-300 years of decline.

I think things hollow out from the inside until the whole tree suddenly collapses. USSR was a great example: In 1984 they were going to be around for a thousand years. Then gone. The Afghan thing was "quick" but not really: The Taliban have been paying people off ever since Trump sold the people there into slavery. Wonder what he got out of it, but the point is the hollowing out went on for over a year. Then the first puff of wind and down it goes.

The US still seems to have some resilience, but it is being hollowed out nicely. Not looking forward to a collapse: I really hate being a warlord and leather chaps+helmet can chafe.

[lightfoot]

Taliban took over Afghanistan, BTC can fix this /s.

Well, if you were running for your life it would be better to have your seed phrase in your head than $$$ in the great Afghan "bank". Or lugging a cart of Gold.

Wonder how much that fake "President" got out with. Doubt it was bitcoin though.

[Biodom]

I disagree, but only somewhat.
There are uncanny parallels with Rome, though.
~450-470 years of the Republic, followed by ~450-500 year of the Empire: ~200 years of imperial ascendancy and 250-300 years of decline.

Not looking forward to a collapse: I really hate being a warlord and leather chaps+helmet can chafe.

Ditto.

[ImThour]

Well, if you were running for your life it would be better to have your seed phrase in your head than $$$ in the great Afghan "bank".

I wonder if you could even remember your name in that situation.

[Karartma1]

Wake me up when Bart fucks up.

[ChartBuddy]

Explanation

[LFC_Bitcoin]

@BTC_Archive
BTC is not a bubble.
₿itcoin is the pin.

https://twitter.com/btc_archive/status/1427305363536220162?s=21

[Dabs]

I have a feeling it will still take at least 10 to 20 years, but if they can see it happening now, then can find ways to delay the inevitable, but they will try to delay it anyway.

[JSRAW]

@LFC_Bitcoin and English fans

1-0 

[ChartBuddy]

Explanation

[JayJuanGee]

I call this haiku

A Continuation of Hope

The price of Bitcoin
is up 36%
under Joe Biden Forever, Laura!    South America.

 

FTFY.

Another Fix

Can anyone (maybe you dude?) provide me some kind of clarification by the "South America" matter?

Is the reference to El Salvador (technically in Central America... but sure for practical purposes the same thing)?   or is the reference about something going on somewhere else in South/Central America?

The latest news that I had been seeing had been that there were some other countries in South/Central America gaining attention to bitcoin, but none of them have come out (up) with anything that is even close to as bitcoin centered as the El Salvador legislation (plan), and sure with the passage of time, there is likely going to be continued movements in various countries that are going to be seeing advantages including bitcoin in their future plans - whether it is going to be the allowance of bitcoin payment/saving systems or whether it is going to be various kinds of increasing of bitcoin into governmental treasury systems.

In some sense, I am contemplating.. what's so fucking special about South/Central America.. sure the El Salvador case is really great news, but so far we really do not have any close approximations of copy-catters.. Am I missing something?

Don't get me wrong, also.  I do appreciate the great position that some of the South/Central American countries are in terms of their relationships to the USD  but why not other countries?  such as countries on the African continent?  or even other countries?  In other words, there could be some thoughts of possible regionalism in terms of jumping on a similar band wagon, but since bitcoin is so global, there are so many possibilities in so many places, and I do not understand why there would be any kind of special South/Central American focus - except for  the fact that El Salvador already did something that is still in its real early buddening stages.  Punchline:  what am I missing?   Is there some recent South/Central America news that I did not see?

[JSRAW]

Look at me, we are the Captains now

Well yeah....
No 2 bit opium poppy farmer is gonna fuck with dudes who still live in the dark ages, pray to Allah 5 times a day
and sport those funny hats, full beards, and flash full clips and AK's.....

... hahaha that's hilarious! assuming you are american you see no irony in claiming "sour grapes" after getting booted out unceremoniously from a barren mountainous desert after spending ~$2 trillion total, $88 billion arming and training the local military that imploded in less than a month and cost thousands of lives

https://apnews.com/article/middle-east-business-afghanistan-43d8f53b35e80ec18c130cd683e1a38f

THE LONGEST WAR:

Percentage of U.S. population born since the 2001 attacks plotted by al-Qaida leaders who were sheltering in Afghanistan: Roughly one out of every four.

THE HUMAN COST:

American service members killed in Afghanistan through April: 2,448.

U.S. contractors: 3,846.

Afghan national military and police: 66,000.

Other allied service members, including from other NATO member states: 1,144.

Afghan civilians: 47,245.

Taliban and other opposition fighters: 51,191.

Aid workers: 444.

Journalists: 72.

Estimated amount of direct Afghanistan and Iraq war costs that the United States has debt-financed as of 2020: $2 trillion.

Estimated interest costs by 2050: Up to $6.5 trillion.

THE WARS END. THE COSTS DON’T:

Amount Bilmes estimates the United States has committed to pay in health care, disability, burial and other costs for roughly 4 million Afghanistan and Iraq veterans: more than $2 trillion.

Period those costs will peak: after 2048.

... it took 20 years to decide it wasn't worth 'fucking with' them??? huh?

US population got screwed big time by Military-Industrial-Complex ... and got the Patriot Act gem and Stasi-like surveillance state intelligence apparatus to keep them in line as a nice side bonus

I wrote big ass reply, some in agreement to your response and many counter argument, including so called fake ass western theory.

then i thought its completely useless in this forum because no-one would understand it and judging from your reply i get the feeling that we have virtually no geo- politics readers or specialist here so i retracted it.

[Biodom]

Look at me, we are the Captains now

Well yeah....
No 2 bit opium poppy farmer is gonna fuck with dudes who still live in the dark ages, pray to Allah 5 times a day
and sport those funny hats, full beards, and flash full clips and AK's.....

... hahaha that's hilarious! assuming you are american you see no irony in claiming "sour grapes" after getting booted out unceremoniously from a barren mountainous desert after spending ~$2 trillion total, $88 billion arming and training the local military that imploded in less than a month and cost thousands of lives

https://apnews.com/article/middle-east-business-afghanistan-43d8f53b35e80ec18c130cd683e1a38f

THE LONGEST WAR:

Percentage of U.S. population born since the 2001 attacks plotted by al-Qaida leaders who were sheltering in Afghanistan: Roughly one out of every four.

THE HUMAN COST:

American service members killed in Afghanistan through April: 2,448.

U.S. contractors: 3,846.

Afghan national military and police: 66,000.

Other allied service members, including from other NATO member states: 1,144.

Afghan civilians: 47,245.

Taliban and other opposition fighters: 51,191.

Aid workers: 444.

Journalists: 72.

Estimated amount of direct Afghanistan and Iraq war costs that the United States has debt-financed as of 2020: $2 trillion.

Estimated interest costs by 2050: Up to $6.5 trillion.

THE WARS END. THE COSTS DON’T:

Amount Bilmes estimates the United States has committed to pay in health care, disability, burial and other costs for roughly 4 million Afghanistan and Iraq veterans: more than $2 trillion.

Period those costs will peak: after 2048.

... it took 20 years to decide it wasn't worth 'fucking with' them??? huh?

US population got screwed big time by Military-Industrial-Complex ... and got the Patriot Act gem and Stasi-like surveillance state intelligence apparatus to keep them in line as a nice side bonus

I wrote big ass reply, some in agreement to your response and many counter argument, including so called fake ass western theory.

then i thought its completely useless in this forum because no-one would understand it and judging from your reply i get the feeling that we have virtually no geo- politics readers or specialist here so i retracted it.

since this is a future 'historical' forum, one HAS to post their 'big ass replies', otherwise future historians would think that our 'friendly bot' and its/his partner in 'letters' are the only two bitcoin-talkers who existed.