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

[JayJuanGee]

[edited out]

Hahaha you totally retarded or what? Covid fucked up your unvaccinated brain completely? WO bros can confirm I've never begged BTC or FIAT money and I'm not affiliated with any group especially the cuntonian(s) whom I hate (too strong of a word perhaps as some of the posts were pretty funny). Have you mistaken me for someone else? 

Surely, Cryptotourist has "issues." (if we are trying to be nice about it..? hahahahaha). I believe that at one point (maybe a year ago-ish... actually I am thinking more than 2 years ago..? my how time flies in these here parts, fuck...) he even accused me of being part of that group.... or somehow affiliated blah blah blah.

Not a good poet
Oh Well, at least I know it.
But Hey! It's Sunday.

Bitcoin will go up
Or maybe it will go down
She certainly won't.

#Haiku (don't expect it to be a habit)

I would have preferred your last sentence to be something about sideways or indecisiveness between up and down.. but whatever. artists (or artist wannabes) have their own peculiar takes.

WO bros can confirm I've never begged BTC or FIAT money and I'm not affiliated with any group especially the cuntonian(s) whom I hate (too strong of a word perhaps as some of the posts were pretty funny).

Not with the serveria.com account buddy. Or is it so difficult to have many?
WO’s can’t confirm shit, and neither can I. This is merely a speculative theory of mine.

Heard some variation of that before.

 

[Cryptotourist]

~ he even accused me of being part of that group.... or somehow affiliated blah blah blah.

I don’t think so Jay. My little black book says otherwise.
Always a pleasure to talk to you, and witness the progress you’ve made in your algos.

Heard some variation of that before.

I’ve got more where that came from. Conspiracy theories with AI’s, whales and remora’s - right here, right now.

[JayJuanGee]

Bitcoin spent trolling bulls 3 years by constantly creating fakeouts. Im not convinced the bull phase is over until ATH. It could trick people into buying again the 200 MA breakout only to crash again. The fundamentals aren't also fantastic to say the least. We have the China ban which I think is underrated (this time it's not the same as previous bans, this is total prosecution of any crypto activity) and we have the Evergrande situation. I just don't see it. We'll see what the FED does with the rates. If the SP500 fails to break to the upside that's even more bearish pressure because like it or not, BTC continues to be quite correlated with the market.

Like it or not.. in order to be able to better see what you believe that you are seeing, you need to zoom ur lil selfie out a wee widdle bit, calchuchesta.

But, hey.. you do you, and if you believe that the top for this cycle is in, then sure hopefully you are not betting too much on that theory.. Historically, one of the most major of downfalls for a lot of normies (who already know about bitcoin) is either failing/refusing to prepare their lil selfies for UPpity or inadequately preparing their lil selfies for UPpity.. 

So in essence it is all fine in dandy to have those various DOWNity theories, but if you fail/refuse to prepare for UPpity in the process, you only have yourself to blame when you may well never be able to get bitcoin at these prices again.. we saw such scenarios in mid-2017 and at various other times in bitcoin's history... and surely, no two periods are going to be exactly similar, but nonetheless there has been  a common tendency of either not preparing for UPpity or inadequately preparing for UPpity that seems to continue to run through a variety of historical timeframes in bitcoin's wee short widdle life.

~ he even accused me of being part of that group.... or somehow affiliated blah blah blah.

I don’t think so Jay. My little black book says otherwise.
Always a pleasure to talk to you, and witness the progress you’ve made in your algos.

Heard some variation of that before.

I’ve got more where that came from. Conspiracy theories with AI’s, whales and remora’s - right here, right now.

You've probably been to intensive conspiracy bootcamp, so congrats on that one.  Not everybody gets the fulfillment of those kinds wishes.

 

[Cryptotourist]

You've probably been to intensive conspiracy bootcamp, so congrats on that one.  Not everybody gets the fulfillment of those kinds wishes.

I did mention that I’ve been lurking for months.
That means that instead of making an effort to reply, I’ve made efforts to understand what it is that I’m reading between the lines.
Yeah, we can agree on this one, no problemo - thnx.

https://www.youtube.com/watch?v=5KG6sh0NB-U

[JayJuanGee]

not understanding what is going on with the piddly 3 BTC I'm playing with.

Yes... aka humble brag.

I will grant you that in 2015-ish, 3 BTC may well have seemed like a piddly amount with a value of around $700 to $1k, but these days, many normies are having trouble even getting their grubbie little hands on anything close to that amount of BTC.

Joe Blow normies .. are first setting goals to get 0.21 BTC, and if they achieve that, then they are setting goals to get 1 BTC and 2.1BTC, so even getting to 3 BTC is a wee bit beyond a few levels of their more piddly targets (that seem to be a lot to them, for some strange reason.. and part of the reason, is that they live pay check to pay check, so they may well not even be able to reach the three preceding target goal amounts before even arriving at such purported piddly widdly 3 BTC).

I will note that some of us more fortunate of  BTC accumulators have been in engaging in our own humble brags in regards to having had established more than 3x the entry-level BTC accumulation target with 0.63 BTC and beyond, so since 0.63 BTC is NOT feeling like piddly, I am having some difficulties considering how 3 BTC could feel like piddly to any normie that I know.

Yeah, "consolidation" is a good word for it.  Sideways to slightly bearish.   I have medium-to-low confidence in this projection coming true, but if it does come true, it would be great for trading.  There will be the usual volatility to trade, but no big trend to lose out on if you happen to be out of the market, or get your face ripped off because you have too much leverage.
Also, ideal for the conservative-minded who likes to patiently stack sats.

One of the problems with your theory (good that you assign low probability to it) remains that bitcoin no doesn't work like that, even if peeps wish it would work like that.

#DYOR
#YMMV
#WhereDEEfuckie_is_ toxiemoxie?^tm


 

[ChartBuddy]

Explanation

[JayJuanGee]

Explanation

Anyone have the cliff's note version of the last 2000 pages?



What did I miss?


P.S.
Welcome back chart buddy


Edit:
PPS

Obvious wall says obvious price upswing.

You deserve a batman slap for merely failing/refusing to check in regularly. 









And a bonus one, just for funzies... #nohomo

[Elwar]

The guy has written some great stuff for the novice farmer on subjects like electric fencing, low cost cattle rearing etc.

To keep the dollars rolling in he is now an expert on every fucking thing.

He starts out with a particular standpoint on a subject and collects "facts" that fit that premise and disregards those that do not. That's not how science or decent investigative journalism works.

A bit off topic I know but Bitcoin again proving its resilience and in the strongest position it has ever been, the long term outlook only gets better by the day.

I have been on several government research projects.

That's exactly how it works.

ie. the military wants us to evaluate this new radio that they're deploying to the soldiers to ensure that it can handle all of the comms during a theater sized battle.

First question: Does the government want the radio to be able to handle all of the comms?

If we go against their expectations we don't get the next follow on contract for the general's buddy's radio.

[xhomerx10]

So what ever happened to that asshole Jihan Wu? Haven't heard anything of him since the whole BCash launch debacle.

"Fuck your mother if you want fuck."  

Last I heard was that he was working at the salad counter in a Beijing Walmart.

I am very sad not to see what the "Fuck Vegetables" actually ARE.

I mean we can assume carrots and zucchini and cucumbers?  But what else could the be? Very wonder.  Such interesting.

Maybe cabbage

 干菜类

The 干 character means 'dry' in this context but it apparently also is slang for "fuck" in certain other contexts, one of which our Chinese billionaire friend Jihan Wu (吴忌寒) is famous for

 干你的妈

 If you know Walmart, then you know they'll always go with the cheapest contractor for everything.  Cheapest and best are not always synonymous.

[ChartBuddy]

Explanation

[cAPSLOCK]

If I am reading you right there are three possible scenarios.
1.  The value you lost in that channel was exactly gained in another one (or ones) that is still open.  *unless*---
2.  You spent the amount you are now "missing". (In this case the value stops in someone ELSE's channel)
3.  You channel partner broadcast an incorrect channel state and ripped you off.

Here's the close transaction from LOOP.

https://mempool.space/tx/8c5f9bc17d9b81b64f9e81547c172fb9ba4fe9ecd98bd740023fc90ede7f2cc3

I got ‎0.00190205 back.

No idea what happened to the other ‎0.16586666.

EDIT: Hmm. Just did all the math for the values on my node, and the accounting all adds up - after incurred fees - so I have to think that the liquidity is wrapped up in other channels that I'm linked to, pointing towards your Case 1 ?

Kinda fucks with my flow, cuz now I need to add more coin to establish another wumbo with LOOP, or close some existing channels, which I don't want to do. I suppose I could throw another coin onto the node, but kinda already starting to feel a bit uncomfortable with not understanding what is going on with the piddly 3 BTC I'm playing with.

Yeah... totally get that.  I had a little more than that on my first node which was running in a docker container I built on my QNAP.  One of the most technologically retarded thing I ever did.  I feel lucky to have not lost it all.

But yes... #1 is super likely.

But heres the thing.  This should not have changed your overall outgoing liquidity.  It will have just spread it over other channels.  It is probably the actual REASON my channel with you is now all yourr SATS.  It's not wumbo (I am not sure where wumbo starts.) but it's 5mm sats... you can buy a scooter with it.  You still have the wumbo channel, but not it TAKES payments rather than gives them.  You could try balancing... Lemme set the fees on my channels to you to nil... try those?  there's 10mm liquidity between them.

I just never have much luck with balancing channels. lol.

-edit-  THERE.. my channels to you are zero fees.  Fill back up your Wumbo channel some with them... I think you can?

[cAPSLOCK]

Explanation

Anyone have the cliff's note version of the last 2000 pages?



What did I miss?


P.S.
Welcome back chart buddy


Edit:
PPS

Obvious wall says obvious price upswing.

Way to come back in ON TOPIC!

[ChartBuddy]

Explanation

[HI-TEC99]

So what ever happened to that asshole Jihan Wu? Haven't heard anything of him since the whole BCash launch debacle.

"Fuck your mother if you want fuck."  

Last I heard was that he was working at the salad counter in a Beijing Walmart.

I am very sad not to see what the "Fuck Vegetables" actually ARE.

I mean we can assume carrots and zucchini and cucumbers?  But what else could the be? Very wonder.  Such interesting.

Maybe cabbage

 干菜类

The 干 character means 'dry' in this context but it apparently also is slang for "fuck" in certain other contexts, one of which our Chinese billionaire friend Jihan Wu (吴忌寒) is famous for

 干你的妈

 If you know Walmart, then you know they'll always go with the cheapest contractor for everything.  Cheapest and best are not always synonymous.

Stackexchange says 干 can have many meanings in traditional script, but they all collapsed into the single meaning of "fuck" in the simplified script.

https://chinese.stackexchange.com/questions/12354/why-%E5%B9%B2%E8%8F%9C%E7%B1%BB-was-mistakenly-translated-to-fuck-vegetables/12357

This translation is just a mistake of English understanding. 干 in China has many meanings.

It could mean either:

1.    fuck
2.    dry
3.    do
4.    damn
5.    fight
6.    work

So combined with crap translator software we ended out with millions of rude signs.

[Copetech]

I have a lot of trouble with the concept of "dry = fuck" this just confirms my original gut feeling about the CCP... "Dry China!"

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[AlcoHoDL]

Off-Topic - Just had a meeting with an unvaccinated colleague that recently came out of hospital for COVID-19. He is very fit and was perfectly healthy before he contracted the virus. He was hospitalized for 1 month. Suffered a lot, with serious respiratory problems. He has now tested negative, and has started coming back to work. We met in his car for 10 minutes. He was not wearing a mask, and I was not wearing a mask either (I forgot to take it with me, and didn't say anything, out of politeness)... He coughed a few times while in the car with me. I'm vaccinated.

Hopefully, all will be fine and I'll still be alive to enjoy the $100k+ pump in November. Let's see how this plays out. 干!      

[marcus_of_augustus]

https://www.juliusruechel.com/2021/09/the-snake-oil-salesmen-and-covid-zero.html

And finally: if you trust a cow breeder as your doctor/medical advisor then why not let your car mechanic fix your teeth? Or your plumber examine your wife's genitals in a gyno checkup? And I thought that was clear for everyone with IQ above 50...  

... and we should let central bankers control the monetary system?