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

[ChartBuddy]

Explanation

[Arriemoller]

Biltema dinner
Meatballs with mashed potatoes
And rust remover




My belated Sunday haiku.

Poor Arriemoller
Phone no have focus function
View through fogged glasses 

Arriemoller, what flat pack did you buy, while there?

Not sure I understand, it's not IKEA, it's a car parts (and many other things) shop.
https://www.biltema.se/en-se/

lol!.. was a little joke, looked like the same IKEA meatball dish we have here in AUS....

I kid you not, I just got an e-mail from IKEA family offering me 50% of on meatballs and mash.

[cAPSLOCK]

Biltema dinner
Meatballs with mashed potatoes
And rust remover




My belated Sunday haiku.

Poor Arriemoller
Phone no have focus function
View through fogged glasses 

Arriemoller, what flat pack did you buy, while there?

Not sure I understand, it's not IKEA, it's a car parts (and many other things) shop.
https://www.biltema.se/en-se/

lol!.. was a little joke, looked like the same IKEA meatball dish we have here in AUS....

I kid you not, I just got an e-mail from IKEA family offering me 50% of on meatballs and mash.

The algorithm be praised.

[serveria.com]

Meanwhile: lil pump underway 

[BobLawblaw]

there for you have keep 49,752SATS extra on the bfx-lnd1 channel.

Aha! That was the missing link to my understanding. Thanks.

EG: Cranked the fees on my LOOP channel, and getting retarded fees.

Does this mean I'm winning?

[hisslyness]

there for you have keep 49,752SATS extra on the bfx-lnd1 channel.

Aha! That was the missing link to my understanding. Thanks.

EG: Cranked the fees on my LOOP channel, and getting retarded fees.

Does this mean I'm winning?

big time!... and yes i moved my fees up as well. Was tired of opening and closing channels for a loss!..

[serveria.com]

Funny feeling: we (most of us) know what is going to follow. Although, I have no wow feeling like the previous times (2013, 2017). I'm sure we're going into the 6 digit area but I'm not excited at all. Damn those titanium platters I feel numb ...  

[vroom]

less than 10% and we have a new ATH. chopper is coming!

[ChartBuddy]

Explanation

[hisslyness]

less than 10% and we have a new ATH. chopper is coming!

We have been missing the chopper! Can not wait!

[cygan]

https://twitter.com/LinaSeiche/status/1447496493544390657

[Richy_T]

Enlighten me: why has the gold price been dropping in the past year?

(image source)

From my (limited) understanding of economics, I'd expect gold to go up when (the fear of) inflation kicks in. But instead, it stopped going up the moment the inflation went up. Is this "normal"? Or could it have to be with Bitcoin taking over part of gold's safe haven position?

Buy the rumor, sell the news? People may also be selling to buy things that they think may be about to become less available with the supply issues going on.

[JimboToronto]

Good morning Bitcoinland.

Up over $57k... currently $57257USD/$71388CAD (Bitcoinaverage).

Go October go.

[psycodad]

Translated from german, OT:

EU is working on the “master key” for social networks

At the meeting of interior and justice ministers in Luxembourg, which ended on Friday, the start of an EU regulation against secure encryption in social networks was quietly and secretly set. Commissioner Ylva Johansson had such a regulation
(Interior department) already announced in spring.

It was discussed how WhatsApp and Co. should be obliged to compromise their end-to-end encryption (E2E) with master keys and to transfer chats in plain text to the prosecutors. According to Johansson, this is necessary to track child abuse online. The subject was not mentioned in the press release after the ministerial meeting.

Few things get me angry, but this one is exceptionally hard to swallow.
I don't use facefook and whatsCrap, tho.

EDIT: How about "democracy abuse", this would probably get most of these fuckers into jail.

Yeah, right. As if criminals and pedos use WhatsApp and Facebook Messenger to communicate. Even many "normal" people have stopped using this crap. Haven't they heard of Signal, PGP and Tor? There's always going to be a way to securely communicate. They cannot unwrite cryptography. Just like they cannot undo Bitcoin. Fucking morons.

Yeah, the agenda is kinda clear: Spying on average joe... 1984 seems to be late for 40 years  
Last year i got news that they want to ban messaging services that refuse to obey to the master-key dictate, speaking of Signal.
Banning Tor and projects like GPG and other frontends using encrypt/decrypt would probably lead to a full blown cyberwar.
Why not? It's clear who is the evil here.  

In the 90s we had a saying:

Welcome to 1984
as with all goverment projects, its a bit late and slightly overbudget

As I come to understand now, the "a bit late" and "slightly overbudget" parts were an understatement.
Then again, they seem to try to outperform the original blueprint in Orwells book in all areas and that understandably takes some time and money.

On a serious note: I predict there will be more otherwise pretty controversial rulings silently approved and introduced, carefully avoiding any public discussion as in Rahms famous "never let a good crisis go to waste"..

[Phil_S]

Feeling decent about my chances of escaping my wagey cagey..

The Wagie Cagie
https://www.youtube.com/watch?v=T_hrTsswfmg

[ChartBuddy]

Explanation

[cAPSLOCK]

there for you have keep 49,752SATS extra on the bfx-lnd1 channel.

Aha! That was the missing link to my understanding. Thanks.

EG: Cranked the fees on my LOOP channel, and getting retarded fees.

Does this mean I'm winning?

I think so.

But one possible buzzkill.  I am pretty sure RTL shows fees as millisats.  In other words 243600 is 243.6 satoshis.

[cAPSLOCK]

https://twitter.com/LinaSeiche/status/1447496493544390657

She's really pretty good at the cartoons.  But that particular one is a masterpiece, though the slice of people who understand it almost as small as the number of folks that know all the memes crammed into it.

[xhomerx10]

Translated from german, OT:

EU is working on the “master key” for social networks

At the meeting of interior and justice ministers in Luxembourg, which ended on Friday, the start of an EU regulation against secure encryption in social networks was quietly and secretly set. Commissioner Ylva Johansson had such a regulation
(Interior department) already announced in spring.

It was discussed how WhatsApp and Co. should be obliged to compromise their end-to-end encryption (E2E) with master keys and to transfer chats in plain text to the prosecutors. According to Johansson, this is necessary to track child abuse online. The subject was not mentioned in the press release after the ministerial meeting.

Few things get me angry, but this one is exceptionally hard to swallow.
I don't use facefook and whatsCrap, tho.

EDIT: How about "democracy abuse", this would probably get most of these fuckers into jail.

Never irrelevant

Flavour of the year modification.

[Arriemoller]

Morning!

So, I bought some BTC today for the first time since 2014.

I decided to do a little experiment, I was offered a loan from a company (Qliro) and accepted, I borrowed 20 000:- (about 2300 USD), I set aside four months worth of payments on the loan (this will be used to pay of the loan for the coming four months) and bought btc for the rest (17500:- (about 2000 USD)) and I put those btc in a separate wallet.

Now I'm going to sell these btc in December when we go skyrocketing and the little experiment here is to see how much money I will make on this.
The plan is of course to repay the loan in full in December and do something fun with the profit.
I have been offered to up the loan with another 50 000:-, I might do that, still thinking about it.

So, as you can see the whole point is to make money without having to put in any of my own.

I did accept the offer to up the loan with 50 000, the money should be in my account on Monday, I will move it to another bank and do this buy from another broker, the brokers I use take about 10% commission, so my firs goal will be to reach break even.

Update on my loan experiment.
I have now reached break even.