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

[nanobtc]

Nice pump.

Coming in handy as I'm going shopping with my Binance card.
I'm about to go do some more early morning shopping, have to buy some more love for my car.
I'm gonna change the motor oil and filter and rear axle oil and replace the coolant, and the distributor and rotor, it wouldn't start on a very humid day this summer, I had to feed it starter gas to get it going on three cylinders and after idling on that for a while the fourth started too, haven't had any problems since but I suspect a small crack or something in the distributor cap to be the reason so changing it, and it's about time anyway.

Still to do is changing oil in the gearbox, but that's a pain in a automatic, so I'll let a garage do that.

Winter is coming.

Also consider plugs/wires. They are high voltage, and as such, moderately high-stress. Modern ignition is much better than old ones, but since you mentioned a distributor/cap you have an older one. Go ahead and do the plugs/wires as well.

[1715446732]

1715446732

[aysg76]

I can hear the crying sound of bears with btc crossing $50k after long wait and support of investors and holders but those who fear it are calling it won't make noise? What i think is that btc rocket taking off has burst their ears and they are unable to hear the hard sound and have put shades on eyes to cover their tears seeing btc rise.

Happy $50k WO brothers and enjoy this with chilled bear on beach and make some noise out there:



Now we have reached once again at high levels and new ATH are on the way and $100k would act as magnet and golden cross would be printed if it continues the pace and we have seen the same last year.It took off btc from $8k to $64k ahead of coinbase listing.Now we have been up $22k in two weeks from 2021 low of $28k and now prices are up $50000 at current.



Now increasing my btc limits up and want to have some secured future ahead and btc will serve a good purpose for that.Take out your funds from shitcoins ASAP and if you don't understand btc and rising inflation keep them in banks or with you only because shitcoins are not going to give you single penny in return.

Once again $50k party mood is up  

Bears in hibernation now..

[Poker Player]

I like to be learning new English words here, like bery or MOAR, I especially like the latter, MOAR.

[El duderino_]

[Richy_T]

The following thought might be more appropriate in some other thread, but I have long wondered whether or not BTC gains by all/most of us represent some kind of "Zero Sum Game", looking at the larger view.  That is, a win for me (or us) would be a LOSS for someone else?

My inclination is to think "No", that this is not a Zero Sum arena, as it is new technology that has great promise.

Free trade is never a zero sum game. This is the mistake lefties make all the time. They only ever count the beans.

[ChartBuddy]

Explanation

[JayJuanGee]

The following thought might be more appropriate in some other thread, but I have long wondered whether or not BTC gains by all/most of us represent some kind of "Zero Sum Game", looking at the larger view.  That is, a win for me (or us) would be a LOSS for someone else?

My inclination is to think "No", that this is not a Zero Sum arena, as it is new technology that has great promise.

Free trade is never a zero sum game. This is the mistake lefties make all the time. They only ever count the beans.

I think the vast majority of time, you are going to be correct Richie.. because when a trade take place, there is usually going to be some surplus value that gets created and goes beyond the trade (or is created because of the trade), and perhaps one side will get more value than the other, but the overall value is likely greater than it would have been without the trade. 

Now, if you have a bitcoin and I take it from you (like a robbery) and then it becomes my bitcoin, then that is a different story because it was not a voluntary transaction between us, and likely no value would have been traded there.. the value would have been transferred from you to me.  But if you have a car, and you are selling it for a bitcoin and I buy it from you, then we both should have some surplus value from that particular trade, even if the surplus value is not likely going to be evenly split in the real world between us, but the fact that you said that you were selling it for 1 BTC, and I was willing to buy it for 1 BTC, there presumably should have been some extra value on each side.. unless I bargained you to death in terms of your just being neutral about whether to sell it for BTC because you initially advertised it for 1.5BTC... but in any event the overall value should quite likely be greater than if we had not done the trade.

The creation and existence of bitcoin creates value in a lot of different ways, so it would be very difficult to think about any aspect of the bitcoin ecosystem in a zero sum game kind of way, except if there were only robberies going on, and that surely would be a jaded view regarding what seems to be a whole hell of a lot of voluntary transactions in the BTC world that are motivated by various incentives and not forced takings. .. so overall increases in the overall size of the pie of value getting created on a minute by minute basis in bitcoin (and perhaps every 10 minutes, too)...

[cygan]

we are back on track guys...

Bitcoiners are so lucky

https://twitter.com/LinaSeiche/status/1429664737567010816

[lightfoot]

Free trade is never a zero sum game. This is the mistake lefties make all the time. They only ever count the beans.

Anyone who believes that trade should be a zero sum game is a colonial mercantile. Oddly enough the recent administration in the US really flirted with this.

[ChartBuddy]

Explanation

[Xinarae*]

Obserev $50k+ now just hold up 50k double bitcoin is now great back 2021 is the golden year now have to wait for the next limit to be crossed. If all subsequent limits are exceeded then Bitcoin can be more than $150k+.

just hold  

[seljo]

This calls for new poll?

[SATWAT]

https://twitter.com/charliebilello/status/1429536272025067521?s=20

[ChartBuddy]

Explanation

[AlcoHoDL]

[...]

proudhon was right -- again!

We may cross $50k today.

He said that?

Oh my!!!! I had not been closely following that soothsayer wannabe to get MOAR betters insights of price direction nuances.

[...]

Indirectly, yes! If you know proudhon, then you know he always predicts the opposite of what's actually going to happen. Kind of like a huge NOT at the end of every post of his. Every time I see his posts I know there's going to be a pumpening. He's one of the most reliable UPpity predictors out there. Second best is a Crystal Ball. For the rest of us that do real math & science, there's the White Paper.

Enjoy the UPpity, WO brethren! $60k could be much nearer that we think.

[Kong Hey Pakboy]

I want to tag @proudhon here. What's your say on this time of year when bitcoin is not stable 10k above? Cheers to everyone who's still hodling, I know that I will have for dinner tonight.

[ChartBuddy]

Explanation

[bitcoinPsycho]

What a glorious day

[bitcoinPsycho]

Did you guys know if an Alcoholic drinks alcohol every Day for 30 years straight. His Brain Will shrink 70% and Will lose all rationality. Same goes for some drugs 🙂

You should consider quitting

[ChartBuddy]

Explanation