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

[ChartBuddy]

Explanation

[1714275344]

1714275344

[1714275344]

1714275344

[ChartBuddy]

Explanation

[d_eddie]

Nice call-and-response setup spotted!

Two days ago (in Dutch): banks ban organisations based on their (political) opinion.
Yesterday (bloomberg.com): banks decide what OnlyFans can or can't show.

What's with banks wanting to decide how you can spend your money? I've read several similar stories lately, it's as if banks want their core business to be taken over by crypto!

pretty cool:

https://twitter.com/jackmallers/status/1428429890957848591

TL;DR OnlyFans sex workers could be better off joining the Lightning Network.
;-)

[ChartBuddy]

Explanation

[d_eddie]

What does he mean by here we are?

That he likes bcash lol? Or he converted all his impure, blocks-tighter-than-a-nun's-slit btc into bsv?

[fr4nkthetank]

yeah inflation is more than just transitory wood prices.  economics at work.  everyone rushes to buy wood to build stuff because they have no lives and dont know what to do when the man stops telling them what to do, increasing demand, pandemic straining supply.  Lumber mills go into overdrive and produce at max capacity, increasing supply.  Demand goes back to normal.  Price drops back to where it was before the pandemic.  


Same happens with Bitcoin, except you can't produce more.  So price just goes higher and higher and higher and higher and never stops

[Torque]

What a jack ass

What a broke, clueless jack ass who can't spell

Plot twist: He's now taking bcash as a salary

[suchmoon]

What does he mean by here we are?

Here we are, knocking on $50k. Outrageous.

[ChartBuddy]

Explanation

[LoyceV]

Here we are, knocking on $50k. Outrageous.

If anyone wants $100k, I can already sell for that

[Richy_T]

This is only year inflation comparison and you can see how the much wood logs have been taken off the pile within one year.The trees have not increased this cost but government policies and extra taxation have done the same like increase in transportation cost and some other taxes.



The banks, government and inflation are robbing up you silently and your dollar bills are not gonna protect you even if you have them in bulk because it will also reduce in value.The smart and best choice is BTC so understand it's importance.

So holders are going to have $50k party at El duderino 's backyards which is quite impressive place so be part of it.

Inflation *is* crazy but lumber prices are back down and that's probably not a good picture to use anymore.

[Richy_T]

What does he mean by here we are?

It says 4/7 so I'm guessing there's context?

[ChartBuddy]

Explanation

[suchmoon]

It says 4/7 so I'm guessing there's context?

Not really, he sounds like a shitcoiner - quite surprising considering he's claiming to be a dev of Blockchair, everyone's favorite block explorer - ranting about Ethereum and using Bitcoin as an example of bad "governance".

[philipma1957]

It says 4/7 so I'm guessing there's context?

Not really, he sounds like a shitcoiner - quite surprising considering he's claiming to be a dev of Blockchair, everyone's favorite block explorer - ranting about Ethereum and using Bitcoin as an example of bad "governance".

Yeah right.  And if Mr V vanishes what happens to ETH?

[suchmoon]

Yeah right.  And if Mr V vanishes what happens to ETH?

They'll just roll it back to before his disappearance.

[JimboToronto]

Good morning Bitcoinland.

Up over $49k and ready for the assault on $50k... currently $49223USD/$63109CAD (Bitcoinaverage).

Go Bitcoin go.

Alright, let's not judge someone from the past. I am sure 80% of the people here wouldn't know the potential growth of BTC.

Here? The Wall Observer? You've gotta be kidding.

Those of us who were here in 2013 are mostly doing pretty well. Why do you think we bought and held substantial Bitcoin hodlings?

[ImThour]

Here? The Wall Observer? You've gotta be kidding.

Those of us who were here in 2013 are mostly doing pretty well. Why do you think we bought and held substantial Bitcoin hodlings?

I was actually talking about Bitcointalk.org, not this section/post. Also, you don't know how many of the people who are here since early days are still holding or not

Cheers! My 400th post. <3

[fr4nkthetank]

Lets look at inflation. 20 years ago vs now.
Price of a new car, 20 years ago.  US labor statistics bureau.  Thats adjusted for inflation, etc. everything in 2001 dollars for clarity
6.25% total inflation over 20 years.  
Clothing
100$/94.24$
Deflation of 5.76%
Airplane tickets
Deflation of 6.40%
TV's are 96% lower.  keep in mind this is an equivalent purchase.  in 2001 you would not buy a 72 inch tv.

Everything related to technology and outsourcing is in a deflation state due to technological advancement, increased productivity and exploitation of 3rd world countries.

Now why do people think there is inflation ?  Because everything related to goods that are commodities/consumables has inflation
BACON = 80% HIGHER
BEER = 50% HIGHER
ELECTRICITY = 60% HIGHER
GAS = 97% HIGHER

So our society = everything durable/tech = much cheaper all the time = increased quality of life for cheaper = better world
everything consumable = much more expensive all the time

Solution ?  Just buy bitcoin.

[xhomerx10]

Here we are, knocking on $50k. Outrageous.

If anyone wants $100k, I can already sell for that