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

[philipma1957]

buddy i just knocked off a bottle of red and I am watching the world series.

going to skip wo til tomorrow.

I am wearing my new rainbow 🌈 reading glasses as I type this. Maybe it will help us get that 10k candle.

@nohomo

[1715179092]

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[1715179092]

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[1715179092]

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[ChartBuddy]

Explanation

[philipma1957]

buddy stop 🛑 you are melting the candle 🕯.

[Arriemoller]

If you believe in things that you don't understand
Then you SUFFER!

Nah, I really don't see it.

Neither does he.....  (pa-dum PISH)

Just for curiosity, what kind of music do you like Arriemoller?  Of course there are many cultures/languages/geographies represented here in the WO..

A bit late reply, I know.
I like many types of music. Marches, accordion music, heavy metal, rocknroll, disco and more.
It's more about the particular piece than the genre for me, but I do not like jazz, it (sometimes) literally makes me have the same reaction as nails on a blackboard.

Examples include

https://www.youtube.com/watch?v=1yAIp56oj3A&list=RD1yAIp56oj3A&start_radio=1

https://www.youtube.com/watch?v=DbqOQZnzu-0

https://www.youtube.com/watch?v=Gt_Se7BtSQg&list=RDGt_Se7BtSQg&start_radio=1

https://www.youtube.com/watch?v=FFyHukBkmFY

https://www.youtube.com/watch?v=QAzESJ62irI

And last but not least Anders Flanders, the one man band. https://www.youtube.com/watch?v=HHm2CGMXGW0

[Arriemoller]

Question for BobLawBlaw and all of the Wo

I am a 64 year old white straight guy.  If I wear these eyeglasses





and a dungaree jacket with the wording

"I am taking back the rainbow for straight people"

 across the back , am I an a-hole?



I always liked rainbows since I was  kid and now rainbows seem to be gay property.

Not trolling just starting a dialog.

BTW I could write  "rainbows are also for straight people".

Much less aggressive your opinions are welcome

More like: "I am taking back the rainbow for Christians”

Pretty ballsy to be waving the symbol of gods promise not to flood the earth again in his face like that.. Methinks..

ARE you an A-hole just because some people think your are one?
What about the people who thing they are A-holes for using that symbol? Are they all A-holes because some people think they are?

I guess it depends on whose opinions you give a shit about, if any..

Well I ordered the glasses as I always liked rainbows 🌈 .  Frankly its not a question of caring about opinions it is more that rainbows look nice and I have always liked them. I find it annoying that wearing the glasses will likely cause multiple a-holes to bother with me when I simply like the color pattern.

I think "I am taking back the rainbow for straight people" is spot on.

[ChartBuddy]

Explanation

[Arriemoller]

Yes, I do sometimes save posts that I want to comment but don't have the time for at the moment, and comment them later.

[ChartBuddy]

Explanation

[Arriemoller]

I was thinking about Zuckerbergs new metaverse, wouldn't that make it possible for them to/users to collect/upload enough information to create a autonomous personality that can live on after the person dies.
That way you can still "communicate" with your dead friends and loved ones.
That would be pretty cool.

[AlcoHoDL]

It's so easy to be in profit without doing anything at all. Just buy Bitcoin, HoDL, and give it some time. No need to trade (a sure way to lose your sleep and possibly your sanity, along with your coins), no need to mess with shitcoins, no need to constantly check prices & charts. Just one simple, stress-free method that has proven to be a winning strategy time and time again. And yet, people still trade, still bet on the latest shitcoin, still listen to self-proclaimed "crypto-gurus" on YouTube advising them to buy this and that.

Take my shitcoiner cousin, for example. He made a meager 3x of his investment ($6000) since 2017, after years of stressful trading, not in Bitcoin, but in several shitcoins -- he could have easily made 30x if he had bought Bitcoin and HeDL. He has already withdrawn his profits ($12000) to buy some land and a large-screen TV.

Now he has developed a new strategy to become rich: spread his capital (the initial, and remaining $6000) on more than 30 different shitcoins. His idea is that, even if 10% of them heavily pump, he will end up in more profit than simply putting them all on Bitcoin and HoDL. I've warned him that this is probably not going to work out, but he's sure it will. Using all his $6000 to buy BTC at the current price of $63k, when Bitcoin price reaches $100k (and it soon will), he would have about $9500, a healthy extra $3500 in profit. Let's see how his shitcoin-spreading strategy plays out. I hope it works out, but fear it won't.

Christmas will be fun this year.

Believe it or not, I had exactly the same discussion with one of my childhood friends. And the guy was shilling the same 30 coin strategy (did they see the same youtube crypto noob guide or what?  ) I tried to persuade him to go all in on BTC but all in vain. "Bitcoin is ancient tech" that's what he said. His idea was that quote "Bitcoin can't go up 10000% anymore but these shitcoins can..."   btw the Sh* coin was among those 30 coins he selected. I asked him how the he choose the shitcoins for his portfolio and he said that he basically just checked the top30 coins on some exchange and bought them all. He had around $5-10k to invest. Let's see how it goes for him. Funny thing is that I told him to buy BTC several times in 2015, 2018 etc etc but he refused. The last time I told him to buy was in 2020 during the Covid dump. So that's typical average Joe reasoning I guess...  

Are we related? This is exactly what my cousin has done, and how he chose his coins! Let's see how this plays out. Funny thing, his son (my nephew) has listened to me and bought $1000 worth of Bitcoin (no shitcoins) -- and intends to HoDL. Will be fun to see the son outperforming the father, with only 1/6 of the initial capital. Hopefully it will be a hard lesson to my cousin, the second he's had since he started his journey in early 2017. Will he ever learn? I fear that this will mark the end of the journey for him. He tripled his capital of $6000, that's not bad, but he could have been 10 times more profitable if he had put everything in Bitcoin. And this will haunt him for the rest of his life. That's why no one should go all-in on shitcoins -- the psychological damage and suffering that will certainly come is not worth the risk -- IMHO.

Good luck to both my cousin and your friend. They're going to need it.

[aysg76]

I am back once again with another inflation meme to share with you all:



Just wanted to replace inflation with hyper inflation and world economy with cat with notes printing machine in hand trying to counter balance the situation and then just inflation turned into hyper one.

On the other side this is meme but they share some real life situations which you should understand and if you are visionary you already know where this meme will end if you don't want to relax like the dog on other side of bed.

[psycodad]

I was thinking about Zuckerbergs new metaverse, wouldn't that make it possible for them to/users to collect/upload enough information to create a autonomous personality that can live on after the person dies.
That way you can still "communicate" with your dead friends and loved ones.
That would be pretty cool.

You describe quite accurately one of the episodes of Black Mirror ('Be right back'). You might want to check that episode to re-evaluate if that will be really a cool thing to have, for me it would be a very scary thought.

Also the final conclusion of The Good Place comes to mind, that the thing lacking in heaven is being able to die once and forever.

[ChartBuddy]

Explanation

[Wekkel]

I'm a sucker for this mental stuff 

[ChartBuddy]

Explanation

[Farmer Bill]

If you believe in things that you don't understand
Then you SUFFER!

Nah, I really don't see it.

Neither does he.....  (pa-dum PISH)

Just for curiosity, what kind of music do you like Arriemoller?  Of course there are many cultures/languages/geographies represented here in the WO..

A bit late reply, I know.
I like many types of music. Marches, accordion music, heavy metal, rocknroll, disco and more.
It's more about the particular piece than the genre for me, but I do not like jazz, it (sometimes) literally makes me have the same reaction as nails on a blackboard.

Examples include

https://www.youtube.com/watch?v=1yAIp56oj3A&list=RD1yAIp56oj3A&start_radio=1

https://www.youtube.com/watch?v=DbqOQZnzu-0

https://www.youtube.com/watch?v=Gt_Se7BtSQg&list=RDGt_Se7BtSQg&start_radio=1

https://www.youtube.com/watch?v=FFyHukBkmFY

https://www.youtube.com/watch?v=QAzESJ62irI

And last but not least Anders Flanders, the one man band. https://www.youtube.com/watch?v=HHm2CGMXGW0

Hey Arriemoller

To get over your dislike of Jazz check out the easy to listen to and classic piece recorded by The Dave Brubeck Quartet - Take Five. Joe Morello performs IMO one of the best drum solos I've ever heard.

I will play this when BTC arrives at and punches through $100k, it will add to the elation at gentlemen.

[Farmer Bill]

I sold all my Shib's and bought DGB. ..... You f^ckers are so clueless when I was telling u about this coin when it was 0.00000700~ ish.     ... Now it will probably lose another zero and be 0.0001 for Shib... but meh... that's just like 30% only increase. I need at least 20x on my investments.

*edit():  It was back then when I told u I sold all my dodge at 0.5$ that I bought under 5 cents....     

DGB.

Congratulations.

Another shitcoin that does absolutely nothing except for the vast majority of time lose value against BTC. A bit like fiat money. 


People like you forget that for every lucky bastard that gets a 10x in a shitcoin there is a dumb fuck who is left holding the crap buying it near the top.
Don't come crying here when the role is reversed (because eventually that will definitely happen the longer you play roulette) and you are that dumb fuck.


Next you will be telling us you have a foolproof staking plan for roulette. Just double the bet on red or black whenever you lose a bet, if you lose again, double again etc. It has to work right?

I gave you my last merit, just to remember to laugh when I remember of your comment.     

My prediction is $12000 per DGB. ( YES! ... 12K! )      

I like a good laugh.

16 cents if you hang on until 2025 and you are lucky and time the top perfectly.

During which time your more likely cash in your stash for a pack of Malboro.

[Farmer Bill]

I was thinking about Zuckerbergs new metaverse, wouldn't that make it possible for them to/users to collect/upload enough information to create a autonomous personality that can live on after the person dies.
That way you can still "communicate" with your dead friends and loved ones.
That would be pretty cool.

Is communicating with the dead the reason they chose the name Meta (means dead in Hebrew) Mark Zuckerberg being from a Jewish family would obviously know this.

[fillippone]

Didn't someone say that BTC options or futures are expiring today?  Not sure if it matters, but might be worth knowing the time.  Do they expire 5pm eastern time?  That would be a wee bit less than 2.5 hours from the time of this post.  Does it matter?

4:00 p.m.
Termination of Trading

Last Day of Trading is the last Friday of contract month. Trading in expiring futures terminates at 4:00 p.m. London time on Last Day of Trading.

So was that CME or some other one?

And, it seems that the trading is over at about the time that we got the $1k green candle - around 4.5 hours ago...

CME Option Expire at 4:00 p.m. London time.
But CME options area fraction of the total Open Interest. The bulk of expires happen at 8:00 a.m. UTC.



On a different note: this twitter account should be on the dictionary under the "cringe" definition:



https://twitter.com/fillippone1/status/1453643971272577024?s=21

I even made the sum of populations on mw own!

[ChartBuddy]

Explanation