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

[cAPSLOCK]

Somehow I fear that, in the coming years, this choice we now have, to be or not be our own bank, will cease to exist, and we'll all be forced to use banks to store our corn. I hope it will never happen...

The vast majority of political theorists and/or strategizers recognize and appreciate the concept of scoff law, and they are not going to want to create an underground system, but sure I would not put it past them to play various kinds of cards that attempt to require some kinds of custodial services or otherwise reporting requirements - and the balance may also play out delicately in terms of how it may well have backlash repercussions for potentially more friendly jurisdictions - currently El Salvador, but surely others jurisdictions are going to be stepping up to the bitcoin optionality plate that recognizes and appreciates various oppressive aspects of our current monetary system (dominant dollar).

My theory is that in the future most banks will offer bitcoin custodial services, but it'll be like PayPal, where you will be able to convert some of your fiat balance to bitcoin and they will hold it for you, but in order to make a withdrawal it you'll have to go back to a fiat balance first (aka sell first). Because banks will start playing the fractional reserve scheme (scam?) with everyone's bitcoin.

One unique thing about Bitcoin is since it CAN be self custodied, and is a bearer asset both individuals and businesses will be able to avoid these sorts of traps.  So if the world you theorize develops, so might a parallel world which will challenge the people playing games with Bitcoin.  Perhaps even destroy them.  Hal Finney also talked about this in his famous "Bitcoin Banks" post I like to quote so much...

[1714808714]

1714808714

[1714808714]

1714808714

[cAPSLOCK]

Hmm...NFTs on Bitcoin via Stacks...not exactly sure how it works, but they are certainly not on VB-coin.
https://decrypt.co/82891/bitcoin-nfts-stacks-blockchain?amp=1

Still, i am not sure putting down $1000 for a few pixels is the way to go.

Yeah... I have been mixed about Stacks from the beginning.

The project talks a GREAT talk, but:

1.  They minted a effing coin.
2.  I have never seen any of the Stacks apps really work.

And that's not to mention 3!  They have joined in on the stupid NFT craze.

On the other hand, if Stacks is just an affinity scam, then isn't Liquid too?

I dunno... I have a couple stacks accounts.  Burned bitcoin to make them, I think...  no idea if it's worth it.

[cAPSLOCK]

Looks like Bob's not the only one having a few hiccups.
https://odysee.com/@aantonop:8/how-do-you-do-a-dos-attack-on-your-own:2

To be fair, @aantonop is a fucking retarded shill.

I have merited this because you are principled enough to say it.  I think he was a great boon for early Bitcoin.  And he's a complex dude.  I can't STAND his political stance (nor do I agree with most of his positions as expressed, but I am not talking about that I am talking about the holier than thou, preachy intolerance).  And he does seem to have a bit of shilliness...  I do not mind that he is somewhat permissive of altcoins.  But the dude has to be smart enough to understand why ETH is doomed to not only centralize but be a net negative for "crypto".  And he wrote that book.. yeah.  Shill.

[cAPSLOCK]

Who can find the exact location of this beauty

Cheers

[ChartBuddy]

Explanation

[goldkingcoiner]

The poll is wrongly worded for this thread.

The wording should be: How much would you buy if Satoshis coins moved to an exchange? Because you know the shakey hands would drive the prices down so hard for a short amount of time. You know how many cheap coins you could buy? Seriously.

[cAPSLOCK]

Hmm...NFTs on Bitcoin via Stacks...not exactly sure how it works, but they are certainly not on VB-coin.
https://decrypt.co/82891/bitcoin-nfts-stacks-blockchain?amp=1

Still, i am not sure putting down $1000 for a few pixels is the way to go.

Yeah... I have been mixed about Stacks from the beginning.

The project talks a GREAT talk, but:

1.  They minted a effing coin.
2.  I have never seen any of the Stacks apps really work.

And that's not to mention 3!  They have joined in on the stupid NFT craze.

On the other hand, if Stacks is just an affinity scam, then isn't Liquid too?

I dunno... I have a couple stacks accounts.  Burned bitcoin to make them, I think...  no idea if it's worth it.

Yeah... I just logged back into this whole thing.

This stuff is all about affinity scam, I think.  All the old "apps" are deprecated and everything now is focused on the STX token and NFTs. 

Some of the ideas here are good (and originally pioneered by counterparty) but the execution is scammy in my opinion.

[ChartBuddy]

Explanation

[cAPSLOCK]

Sort of off topic...  But also not.

The 28 year old inventor of the FGC-9 (Fuck Gun Control-9) a nine mm semi automatic 3d printable rifle "died of a heart attack" in his car 2 days after being raided by the German police.

He created a 3D printable firearm that Anyone with a 3D printer and the right filament and some easily attainable parts can produce without permission from their government.

I am not a gun nut, or even a big fan of the FOSS firearm movement, but it is obvious to me that the coming world government wants to keep firearms out of the hands of those who are currently not allowed to have them, and take then from those of us who do.  Because they will HAVE to do this to control us.

This young man brought the possibility to bear arms against the coming tyrannical global rule to the people who do not currently have it, and was executed for it to be an example to those who will follow in his footsteps.

In the end I hope he will be seen as a martyr and his death will produce dozens more like him.  If nothing else I hope it will awaken some to what is coming, and why the US 2nd amendment is so very, very important, and a freedom that just like the freedom of speech should be replicated in ALL the nations of the world.

Hit piece about him here:  https://pastebin.com/ZRLpwW0L

"Before a standing army can rule, the people must be disarmed, as they are in almost every country in Europe. The supreme power in America cannot enforce unjust laws by the sword; because the whole body of the people are armed, and constitute a force superior to any band of regular troops."
- Noah Webster, An Examination of the Leading Principles of the Federal Constitution, October 10, 1787

"Besides the advantage of being armed, which the Americans possess over the people of almost every other nation, the existence of subordinate governments, to which the people are attached, and by which the militia officers are appointed, forms a barrier against the enterprises of ambition, more insurmountable than any which a simple government of any form can admit of."
- James Madison, Federalist No. 46, January 29, 1788

"If you wanted or if you think you need to have weapons to take on the government, you need F-15s and maybe some nuclear weapons."
- Joe Biden, though incorrect, June 2021

To those of you who think I am crazy... I hope you remember this warning when you realize in the future that I was not.

*EDIT*

I FORGOT TO MENTION THAT IT WAS FUCKING COINBASE WHO HANDED HIM OVER. 

[Hueristic]

"moved to an exchange" how? what you mean by moved to? May be I'm too naïve to under the logic behind this question.

The question is intentionally ambiguous to make you speculate before choosing.

[shahzadafzal]

New poll incoming. Old poll results:

December 2021 for New ATH is confirmed.

Those holding BTC for 5+ years OCT NOV DEC are like Today, Tomorrow and Day After Tomorrow.


New poll question:

BTW can someone please explain I didn't get he new poll?  "How much of your stash would you sell if Satoshi's coins moved to an exchange? (credit:Hueristic)"
"moved to an exchange" how? what you mean by moved to? May be I'm too naïve to under the logic behind this question.

 If you saw for example, these coins (I'm assuming block 2 rewards were mined by Satoshi himself)
visual link for those who trust but verify:

Code:

https://www.blockchain.com/btc/tx/9b0fc92260312ce44e74ef369f5c66bbb85848f2eddd5a7a1cde251e54ccfdd5

get transferred to a known exchange address perhaps from this list,
visual link for those who trust but verify:

Code:

https://www.walletexplorer.com/

would that concern you enough to sell some or all of your BTC stash?

Wow very interesting question by Hueristic. This all makes sense now, but I strongly feel “Satoshi’s coins” is a wrong term we should say “Satoshi’s bitcoins”…. Satoshi’s coins… who knows what else he have under his wallet may be some Doge or Shiba or what else :p

That being said irrespective of Satoshi’s coins if you are a true Bitcoin believer his bitcoins moving to an exchange doesn’t effect bitcoin overall. Here on WO we have discussed this that Bitcoin is now much bigger than Satoshi’s creating digital currency or a crypto currency, it’s revolution now. Revolution against the Bank Mafia, Governments and Politician and <0.1% of worlds top policy makers who’s own more what we bottom’s 90%.

Let see the worst case scenario how much Satoshi owns guessing from the earliest wallets. Two Bitcoin wallets associated with Satoshi holds 980,000 bitcoin which is about $54.10 billion as of today on Oct 2021. That’s less than two days of current trading volume of Bitcoin. (last 24h volume is $38.36b).

So yes it will slightly effect bitcoin price in terms of $ and guess how much time would it take to recover back? Few weeks? Couple of months? Or a year? That’s it…. That’s it even a year is too much of over calculation. But question here is would I be selling “any thing” because of any such event?

Answer is big NO!!!!

In fact that will be an another opportunity to accumulate some more

-

The question is intentionally ambiguous to make you speculate before choosing.

Yes yes I got it now… very good poll question.

[philipma1957]

Sort of off topic...  But also not.

The 28 year old inventor of the FGC-9 (Fuck Gun Control-9) a nine mm semi automatic 3d printable rifle "died of a heart attack" in his car 2 days after being raided by the German police.

He created a 3D printable firearm that Anyone with a 3D printer and the right filament and some easily attainable parts can produce without permission from their government.

I am not a gun nut, or even a big fan of the FOSS firearm movement, but it is obvious to me that the coming world government wants to keep firearms out of the hands of those who are currently not allowed to have them, and take then from those of us who do.  Because they will HAVE to do this to control us.

This young man brought the possibility to bear arms against the coming tyrannical global rule to the people who do not currently have it, and was executed for it to be an example to those who will follow in his footsteps.

In the end I hope he will be seen as a martyr and his death will produce dozens more like him.  If nothing else I hope it will awaken some to what is coming, and why the US 2nd amendment is so very, very important, and a freedom that just like the freedom of speech should be replicated in ALL the nations of the world.

Hit piece about him here:  https://pastebin.com/ZRLpwW0L

"Before a standing army can rule, the people must be disarmed, as they are in almost every country in Europe. The supreme power in America cannot enforce unjust laws by the sword; because the whole body of the people are armed, and constitute a force superior to any band of regular troops."
- Noah Webster, An Examination of the Leading Principles of the Federal Constitution, October 10, 1787

"Besides the advantage of being armed, which the Americans possess over the people of almost every other nation, the existence of subordinate governments, to which the people are attached, and by which the militia officers are appointed, forms a barrier against the enterprises of ambition, more insurmountable than any which a simple government of any form can admit of."
- James Madison, Federalist No. 46, January 29, 1788

"If you wanted or if you think you need to have weapons to take on the government, you need F-15s and maybe some nuclear weapons."
- Joe Biden, though incorrect, June 2021

To those of you who think I am crazy... I hope you remember this warning when you realize in the future that I was not.

*EDIT*

I FORGOT TO MENTION THAT IT WAS FUCKING COINBASE WHO HANDED HIM OVER. 

There was a time I would have considered this post to be ‘crazy’ . After 2020 and 2021 maybe it needs to be thought of as unlikely.

I am 64 soon to be 65 my luck btc will truly moon 🌝 and I will finally be a millionaire just in time for the real lockdown.

[philipma1957]

New poll incoming. Old poll results:

December 2021 for New ATH is confirmed.

Those holding BTC for 5+ years OCT NOV DEC are like Today, Tomorrow and Day After Tomorrow.


New poll question:

BTW can someone please explain I didn't get he new poll?  "How much of your stash would you sell if Satoshi's coins moved to an exchange? (credit:Hueristic)"
"moved to an exchange" how? what you mean by moved to? May be I'm too naïve to under the logic behind this question.

 If you saw for example, these coins (I'm assuming block 2 rewards were mined by Satoshi himself)
visual link for those who trust but verify:

Code:

https://www.blockchain.com/btc/tx/9b0fc92260312ce44e74ef369f5c66bbb85848f2eddd5a7a1cde251e54ccfdd5

get transferred to a known exchange address perhaps from this list,
visual link for those who trust but verify:

Code:

https://www.walletexplorer.com/

would that concern you enough to sell some or all of your BTC stash?

Wow very interesting question. This all makes sense now, but I strongly feel “Satoshi’s coins” is a wrong term we should say “Satoshi’s bitcoins”…. Satoshi’s coins… who knows what else he have under his wallet may be some Doge or Shiba or what else :p

That being said irrespective of Satoshi’s coins if you are a true Bitcoin believer his bitcoins moving to an exchange doesn’t effect bitcoin overall. Here on WO we have discussed this that Bitcoin is now much bigger than Satoshi’s creating digital currency or a crypto currency, it’s revolution now. Revolution against the Bank Mafia, Governments and Politician and <0.1% of worlds top policy makers who’s own more what we bottom’s 90%.

Let see the worst case scenario how much Satoshi owns guessing from the earliest wallets. Two Bitcoin wallets associated with Satoshi holds 980,000 bitcoin which is about $54.10 billion as of today on Oct 2021. That’s less than two days of current trading volume of Bitcoin. (last 24h volume is $38.36b).

So yes it will slightly effect bitcoin price in terms of $ and guess how much time would it take to recover back? Few weeks? Couple of months? Or a year? That’s it…. That’s it even a year is too much of over calculation. But question here is would I be selling “any thing” because of any such event?

Answer is big NO!!!!

In fact that will be an another opportunity to accumulate some more

Simple questions to you are how many addresses have been used .

And how much btc is in the top 1% of the addresses.

https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html

that link shows that the same shit has happened to btc as regular cash.

top 1% whales
bottom 90% gets hammered

[cAPSLOCK]

Sort of off topic...  But also not.

The 28 year old inventor of the FGC-9 (Fuck Gun Control-9) a nine mm semi automatic 3d printable rifle "died of a heart attack" in his car 2 days after being raided by the German police.

He created a 3D printable firearm that Anyone with a 3D printer and the right filament and some easily attainable parts can produce without permission from their government.

I am not a gun nut, or even a big fan of the FOSS firearm movement, but it is obvious to me that the coming world government wants to keep firearms out of the hands of those who are currently not allowed to have them, and take then from those of us who do.  Because they will HAVE to do this to control us.

This young man brought the possibility to bear arms against the coming tyrannical global rule to the people who do not currently have it, and was executed for it to be an example to those who will follow in his footsteps.

In the end I hope he will be seen as a martyr and his death will produce dozens more like him.  If nothing else I hope it will awaken some to what is coming, and why the US 2nd amendment is so very, very important, and a freedom that just like the freedom of speech should be replicated in ALL the nations of the world.

Hit piece about him here:  https://pastebin.com/ZRLpwW0L

"Before a standing army can rule, the people must be disarmed, as they are in almost every country in Europe. The supreme power in America cannot enforce unjust laws by the sword; because the whole body of the people are armed, and constitute a force superior to any band of regular troops."
- Noah Webster, An Examination of the Leading Principles of the Federal Constitution, October 10, 1787

"Besides the advantage of being armed, which the Americans possess over the people of almost every other nation, the existence of subordinate governments, to which the people are attached, and by which the militia officers are appointed, forms a barrier against the enterprises of ambition, more insurmountable than any which a simple government of any form can admit of."
- James Madison, Federalist No. 46, January 29, 1788

"If you wanted or if you think you need to have weapons to take on the government, you need F-15s and maybe some nuclear weapons."
- Joe Biden, though incorrect, June 2021

To those of you who think I am crazy... I hope you remember this warning when you realize in the future that I was not.

*EDIT*

I FORGOT TO MENTION THAT IT WAS FUCKING COINBASE WHO HANDED HIM OVER. 

There was a time I would have considered this post to be ‘crazy’ . After 2020 and 2021 maybe it needs to be thought of as unlikely.

I am 64 soon to be 65 my luck btc will truly moon 🌝 and I will finally be a millionaire just in time for the real lockdown.

I am with you on the "just a while back I'd have thought this was crazy" bit.  But we are not crazy.  We are just seeing it early.  Eventually what is happening will be news all over the world.  On one side people working to give everyone guns and take the control of money out of the hands of government, and the other side wants to disarm the world, and obsolete private property ownership.  Who will win?  It might be our grandkids who get to know.

I am a little younger than you, but not much... and I have similar feelings about what Bitcoin might do for me.  But I am also afraid, especially in the US, that they might do whatever they deem necessary to strip us of the benefits we were wise enough to see early.

I have some old fashioned metal guns... But I might just add a plastic 9mm rifle.

[philipma1957]

I have 2x 12 guage two barrel shotguns. very very old school. Means I can shoot four shots and hope the wife is fast at reloading.

better than nothing I suppose.


back to the 1% holding wealth with btc the top 3% hold 90% of the coins.

[cAPSLOCK]

New poll incoming. Old poll results:

December 2021 for New ATH is confirmed.

Those holding BTC for 5+ years OCT NOV DEC are like Today, Tomorrow and Day After Tomorrow.


New poll question:

BTW can someone please explain I didn't get he new poll?  "How much of your stash would you sell if Satoshi's coins moved to an exchange? (credit:Hueristic)"
"moved to an exchange" how? what you mean by moved to? May be I'm too naïve to under the logic behind this question.

 If you saw for example, these coins (I'm assuming block 2 rewards were mined by Satoshi himself)
visual link for those who trust but verify:

Code:

https://www.blockchain.com/btc/tx/9b0fc92260312ce44e74ef369f5c66bbb85848f2eddd5a7a1cde251e54ccfdd5

get transferred to a known exchange address perhaps from this list,
visual link for those who trust but verify:

Code:

https://www.walletexplorer.com/

would that concern you enough to sell some or all of your BTC stash?

Wow very interesting question. This all makes sense now, but I strongly feel “Satoshi’s coins” is a wrong term we should say “Satoshi’s bitcoins”…. Satoshi’s coins… who knows what else he have under his wallet may be some Doge or Shiba or what else :p

That being said irrespective of Satoshi’s coins if you are a true Bitcoin believer his bitcoins moving to an exchange doesn’t effect bitcoin overall. Here on WO we have discussed this that Bitcoin is now much bigger than Satoshi’s creating digital currency or a crypto currency, it’s revolution now. Revolution against the Bank Mafia, Governments and Politician and <0.1% of worlds top policy makers who’s own more what we bottom’s 90%.

Let see the worst case scenario how much Satoshi owns guessing from the earliest wallets. Two Bitcoin wallets associated with Satoshi holds 980,000 bitcoin which is about $54.10 billion as of today on Oct 2021. That’s less than two days of current trading volume of Bitcoin. (last 24h volume is $38.36b).

So yes it will slightly effect bitcoin price in terms of $ and guess how much time would it take to recover back? Few weeks? Couple of months? Or a year? That’s it…. That’s it even a year is too much of over calculation. But question here is would I be selling “any thing” because of any such event?

Answer is big NO!!!!

In fact that will be an another opportunity to accumulate some more

Simple questions to you are how many addresses have been used .

And how much btc is in the top 1% of the addresses.

https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html

that link shows that the same shit has happened to btc as regular cash.

top 1% whales
bottom 90% gets hammered

Government manipulate money with the excuse that they are making it "fair" for everyone.  And we see how that turns out.  Bitcoin does not reinvent fairness... but it does take the ability for the elite to game the system away.  At least the competition is fair.

We will always have people who were smart, or lucky enough to become rich.  Everyone here is either in that group or will be soon enough.

[philipma1957]

top 2.11% of the btc addresses hold 94.73 % of the wealth.


top .38% of the btc addresses hold 85.13% of the wealth

so btc is spread a bit better than normal wealth

I am in the 1-10 coin range

which gets me inside the top 2.11% number.

If BTC hangs in there and I remain in the top 2% of btc coin holders becoming a millionaire seems more likely each month.

It is hard to believe holding over 1 coin gets you into the top 2%

Over 10 gets you into the top 0.38%

That would be very hard for me to get to. More likely I stay over 1 and under 5 for years to come. The stack rate with mining is slow.

[shahzadafzal]

top 2.11% of the btc addresses hold 94.73 % of the wealth.

So those are the lucky ones… but not the greedy ones.

Can they manipulate the bitcoin? Or if I may ask will they kill themselves?

Why would someone hurt it self? Unless they are crazy or lunatic may be.

 

[El duderino_]

I’ll start this Sunday,
at fifty five thousand price…
It’s balls in the Sun.

#few

[Hueristic]

The poll is wrongly worded for this thread.

The wording should be: How much would you buy if Satoshis coins moved to an exchange? Because you know the shakey hands would drive the prices down so hard for a short amount of time. You know how many cheap coins you could buy? Seriously.

Well lets say you are out of ammo,

Would you sell 20% knowing you will be buying back after the panic firesale?

Diamond hands are not as prevalent as those in this thread.

There of course are alot of knee jerk answers that would not reflect reality.