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

[savetherainforest]

What happened to savetherainforest?

I can't recall a specific post, and can't be bothered to look for one, but I do remember positive things about him a long time back...

Mindrust event?
Shitcoin GRQ trap?
Tinfoil hat / alien conspiracy influence?
NWO / end-of-days revelation?
Tesla Coil experiment side-effect?

So sad. So pitiful...

NIBIRU IS COMING!! BRACE FOR F^CKING IMPACT !!!          

[Wekkel]

[cAPSLOCK]

I value freedom of speech.  As a natural right, and as a value in private conversations like this one.  Obviously this is a moderated thread, and off topic things can rightly be removed if Mr. Info so deems.

And Jay (or whomever) can lamabst the things they thing are stupid, like shitcoin talk.  

And *personally* I think a little shitcoin talk is acceptable.  Within reason.  Particularly insofar as it intersects with Bitcoin mechanically, price wise, or in some other way.

And if someone wants to call someone else a "retard".  Well... I find that to be childish, and in generally bad taste.  As we are equating a stupid opinion with someone with mental defects, which is not really fair to those who suffer from that condition.

But, that too... is, I believe the right of the speaker.  And again, my right to vocally opine on as well, if I wish...

However...

We seem to have devolved quickly, and the quality of our discussion is suffering.  Just a couple nit-picks:

It has been rightly pointed out that savetherainforest is imagining a world in which digibyte could have a market cap of 180 trillion dollars.  Which is roughly TWO TIMES the value of all fiat money (both printed and on balance sheets).  That in itself is wildly stupid.  But the reasoning behind it?

Think of it when BTCiTcoin is a few million, Litecoin is 100K, then DigiByte is not that special at 12k.

LOLCOPTER.

So in other words since Bitcoin is a "few million" it means nothing that digibyte is 12k.  Funny thing about that is that few millions would have to be ~10MM before bitcoin would even be EQUAL to the market cap of Digibyte at 12k.

So obviously savetherainforest hates math.  He also seems to be OK imagining worlds in which digital assets have suddenly become worth MUCH MORE than all the money in the world.  This means he hates logic, along with math. And it is beyond a fantasy... so I would say he hates reality as well.

But calling him "retarded"?  That is not fair to people with mental disabilities.  Seriously.  It is too insulting to them to suggest they could imagine something that unrealistic.  

I have a friend with Downs syndrome.  He LOVES WATCHES.  And know lots about them.  He also LOVES the Dallas cowboys.  And his Cowboys watch is one of his most prized possessions.

He would never say something so stupid as the above.

We have devolved in here... and it is up to us to try to get the train back on the tracks.  I doubt savetherainforest has any chance of being fixed.  Those ideas are so beyond ridiculous.  But at least the rest of us can try to avoid these tar pits.  Lol.

[savetherainforest]

Too bad the banks stole BTCiTcoin. Time to find another currency.      

[hisslyness]

I too value the "freedom of speech".

We live in a world where there is just so little time. So often it is easier to sum things up with a "word" or possibly a "meme"...

[philipma1957]

BTC at 1 mill is coming but very likely it will be a while.

I think there is a lot of interest from big players that will effort to pack the price lower.

 So 100k+ is about 50-50 this cycle
 and 300k+ is doubtful in 2021 or 2022 under 10% shot.

A lot depends on gear being sold to mine. I figure asic builders could attempt to flood the market with gear in 2022.  This was done in 2018.

Price went down and diff went up from jan till oct 2018 .  then the market finally reflected over-saturation of gear. the diff and price both slid form oct 2018 to dec 2018.  I started my 4 partner mine in dec 2018.  

I have to think asic gear builders want to do this sell of gear bigly sooner or later. as they may feel 1 or 2  1/2ings  will spell the end of large mining.  Savetherainforest may think 2 cycles are left to heavy BTC mining.

As for me I am not a kid I am 64 and will not continue mining past 70 mostly due to my age as it is work to do it.

With all my kids dead and just me and the wife I would not mind enjoying travel and zero work from 70 on.  We will see what unfolds .

For now stack your sats.

and remember when I do cash coin it is for running the business.

We have a lot of expansion coming maybe 100k watts to { 300kwatts } to 900 kwatts

we grew from 100 to 300 kwatts in 2021

[El duderino_]

Id&t

Long time no see

Where is the time I was wearing my wide Tabago jeans, dwarf record or Rotterdam terror corps bomber etc

[BitcoinBunny]

Too bad the banks stole BTCiTcoin. Time to find another currency.      

Why?

What is wrong with sticking to fiat or DGB since they are both such spectacular performers?

1st of May 2018: 1 dollar = 1 dollar
30th of October 2021: 1 dollar = 1 dollar

1st of May 2018: 1 DGB = $0.046
30th of October 2021: 1 DGB = $0.046

[savetherainforest]

Think of it when BTCiTcoin is a few million, Litecoin is 100K, then DigiByte is not that special at 12k.

LOLCOPTER.

So in other words since Bitcoin is a "few million" it means nothing that digibyte is 12k.  Funny thing about that is that few millions would have to be ~10MM before bitcoin would even be EQUAL to the market cap of Digibyte at 12k.

So obviously savetherainforest hates math.  He also seems to be OK imagining worlds in which digital assets have suddenly become worth MUCH MORE than all the money in the world.  This means he hates logic, along with math. And it is beyond a fantasy... so I would say he hates reality as well.

What if I told you that only 1% of total BTCiTcoin supply would be gambled on exchanges and only or less then 10% BTCiTCoin would be in circulation(off-exchange,atomic-swap-nonsense).

Would 7 million US dollars BTC would sound reasonable ??      

I don't hate math. I just know that everyone will keep their coins locked into some safe like some tight pussy in a prison. And people will have some kind of 'burn' ~shiba-like mechanic to keep them locked and earn interest in fiat or another crypto for the simple reason that they are not dumping and they must be rewarded.    

So taking that into consideration, 7 million would be without inflation. With all the helicopter money it would be $79 MILLION !!! So.... if I go from a penny to 12K seems reasonably good then going from 60K to 7 mill or 79 mill even... ... Lets just say for simplification it would be from 70k to 7 mill... that would be an 100x ... or 79 mil .... 1000x .... But from 0.05 to 12.000 .... that's like 240.000x        so f^ck the 1000x that's for poor people with BTCiTcoin. I need the Trololololz moneyz. ... If any hasn't observed... I'm here for the memes... who said I don't like meme coins? THey are outrageous. Hail to the new Chaos overlords.      

[cAPSLOCK]

Think of it when BTCiTcoin is a few million, Litecoin is 100K, then DigiByte is not that special at 12k.

LOLCOPTER.

So in other words since Bitcoin is a "few million" it means nothing that digibyte is 12k.  Funny thing about that is that few millions would have to be ~10MM before bitcoin would even be EQUAL to the market cap of Digibyte at 12k.

So obviously savetherainforest hates math.  He also seems to be OK imagining worlds in which digital assets have suddenly become worth MUCH MORE than all the money in the world.  This means he hates logic, along with math. And it is beyond a fantasy... so I would say he hates reality as well.

What if I told you that only 1% of total BTCiTcoin supply would be gambled on exchanges and only or less then 10% BTCiTCoin would be in circulation(off-exchange,atomic-swap-nonsense).

Would 7 million US dollars BTC would sound reasonable ??     

I don't hate math. I just know that everyone will keep their coins locked into some safe like some tight pussy in a prison. And people will have some kind of 'burn' ~shiba-like mechanic to keep them locked and earn interest in fiat or another crypto for the simple reason that they are not dumping and they must be rewarded.    

So taking that into consideration, 7 million would be without inflation. With all the helicopter money it would be $79 MILLION !!! So.... if I go from a penny to 12K seems reasonably good then going from 60K to 7 mill or 79 mill even... ... Lets just say for simplification it would be from 70k to 7 mill... that would be an 100x ... or 79 mil .... 1000x .... But from 0.05 to 12.000 .... that's like 240.000x        so f^ck the 1000x that's for poor people with BTCiTcoin. I need the Trololololz moneyz. ... If any hasn't observed... I'm here for the memes... who said I don't like meme coins? THey are outrageous. Hail to the new Chaos overlords.      

You seem to have this habit of just randomly throwing out numbers and then drawing conclusions based on those numbers, and then calling wishful thinking reasonable.

Your reasoning above boils down to: I can't make astronomical gains on BTC anymore so I need to find a cryptocurrency for which that could happen.  And you throw in some things about banks taking over Bitcoin to justify the fantasy and then play some really weird shell game with the numbers so that the money you have will be enough to make you as rich as you want to be.

People here who are much better at rational thought have pointed out several times that your ideas are cockeyed nonsense,

I wish you no ill, but avoiding Bitcoin to find the next 240000 x will be, in hindsight, a very bad mistake.

Back on ignore you go... good luck with the slot machines.

[ChartBuddy]

Explanation

[hisslyness]

Think of it when BTCiTcoin is a few million, Litecoin is 100K, then DigiByte is not that special at 12k.

LOLCOPTER.

So in other words since Bitcoin is a "few million" it means nothing that digibyte is 12k.  Funny thing about that is that few millions would have to be ~10MM before bitcoin would even be EQUAL to the market cap of Digibyte at 12k.

So obviously savetherainforest hates math.  He also seems to be OK imagining worlds in which digital assets have suddenly become worth MUCH MORE than all the money in the world.  This means he hates logic, along with math. And it is beyond a fantasy... so I would say he hates reality as well.

What if I told you that only 1% of total BTCiTcoin supply would be gambled on exchanges and only or less then 10% BTCiTCoin would be in circulation(off-exchange,atomic-swap-nonsense).

Would 7 million US dollars BTC would sound reasonable ??     

I don't hate math. I just know that everyone will keep their coins locked into some safe like some tight pussy in a prison. And people will have some kind of 'burn' ~shiba-like mechanic to keep them locked and earn interest in fiat or another crypto for the simple reason that they are not dumping and they must be rewarded.    

So taking that into consideration, 7 million would be without inflation. With all the helicopter money it would be $79 MILLION !!! So.... if I go from a penny to 12K seems reasonably good then going from 60K to 7 mill or 79 mill even... ... Lets just say for simplification it would be from 70k to 7 mill... that would be an 100x ... or 79 mil .... 1000x .... But from 0.05 to 12.000 .... that's like 240.000x        so f^ck the 1000x that's for poor people with BTCiTcoin. I need the Trololololz moneyz. ... If any hasn't observed... I'm here for the memes... who said I don't like meme coins? THey are outrageous. Hail to the new Chaos overlords.      

You seem to have this habit of just randomly throwing out numbers and then drawing conclusions based on those numbers, and then calling wishful thinking reasonable.

Your reasoning above boils down to: I can't make astronomical gains on BTC anymore so I need to find a cryptocurrency for which that could happen.  And you throw in some things about banks taking over Bitcoin to justify the fantasy and then play some really weird shell game with the numbers so that the money you have will be enough to make you as rich as you want to be.

People here who are much better at rational thought have pointed out several times that your ideas are cockeyed nonsense,

I wish you no ill, but avoiding Bitcoin to find the next 240000 x will be, in hindsight, a very bad mistake.

Back on ignore you go... good luck with the slot machines.

Are you sure the R-Word doesn't apply to him?

[eddie13]

DGB is already very old..
I was trading DGB in 14-15..
I remember it clearly as one of the key arbs between polo and cryptsy as cryptsy was crashing, one of the few wallets that would still work, and I knew the place well enough to figure out what wallets would still WD so I was arbing back and forth like crazy right up until it shut right down..


I am still optimistic for this halving cycle, the next, and the next..

I figure in the absolute worst case scenario, if I just keep plugging away as a poor wage slave pleb just making enough money to comfortably survive, within the next 8-10 years my Bitcoin stash should turn into “fuck you” money and afford me an early modest retirement before I am even 40..

And that’s assuming I don’t even accumulate any more coin between now and then, which is very unlikely, as I seem to just love playing with crypto from time to time, and by playing I mean collecting more satoshis..

[cAPSLOCK]

Think of it when BTCiTcoin is a few million, Litecoin is 100K, then DigiByte is not that special at 12k.

LOLCOPTER.

So in other words since Bitcoin is a "few million" it means nothing that digibyte is 12k.  Funny thing about that is that few millions would have to be ~10MM before bitcoin would even be EQUAL to the market cap of Digibyte at 12k.

So obviously savetherainforest hates math.  He also seems to be OK imagining worlds in which digital assets have suddenly become worth MUCH MORE than all the money in the world.  This means he hates logic, along with math. And it is beyond a fantasy... so I would say he hates reality as well.

What if I told you that only 1% of total BTCiTcoin supply would be gambled on exchanges and only or less then 10% BTCiTCoin would be in circulation(off-exchange,atomic-swap-nonsense).

Would 7 million US dollars BTC would sound reasonable ??     

I don't hate math. I just know that everyone will keep their coins locked into some safe like some tight pussy in a prison. And people will have some kind of 'burn' ~shiba-like mechanic to keep them locked and earn interest in fiat or another crypto for the simple reason that they are not dumping and they must be rewarded.    

So taking that into consideration, 7 million would be without inflation. With all the helicopter money it would be $79 MILLION !!! So.... if I go from a penny to 12K seems reasonably good then going from 60K to 7 mill or 79 mill even... ... Lets just say for simplification it would be from 70k to 7 mill... that would be an 100x ... or 79 mil .... 1000x .... But from 0.05 to 12.000 .... that's like 240.000x        so f^ck the 1000x that's for poor people with BTCiTcoin. I need the Trololololz moneyz. ... If any hasn't observed... I'm here for the memes... who said I don't like meme coins? THey are outrageous. Hail to the new Chaos overlords.      

You seem to have this habit of just randomly throwing out numbers and then drawing conclusions based on those numbers, and then calling wishful thinking reasonable.

Your reasoning above boils down to: I can't make astronomical gains on BTC anymore so I need to find a cryptocurrency for which that could happen.  And you throw in some things about banks taking over Bitcoin to justify the fantasy and then play some really weird shell game with the numbers so that the money you have will be enough to make you as rich as you want to be.

People here who are much better at rational thought have pointed out several times that your ideas are cockeyed nonsense,

I wish you no ill, but avoiding Bitcoin to find the next 240000 x will be, in hindsight, a very bad mistake.

Back on ignore you go... good luck with the slot machines.

Are you sure the R-Word doesn't apply to him?

Pretty sure.  What's the name of someone who has taken so many hallucinogens that they can no longer reason clearly?  I probably came close to that one myself... but I think he's way over that line.

[BitcoinBunny]

Think of it when BTCiTcoin is a few million, Litecoin is 100K, then DigiByte is not that special at 12k.

LOLCOPTER.

So in other words since Bitcoin is a "few million" it means nothing that digibyte is 12k.  Funny thing about that is that few millions would have to be ~10MM before bitcoin would even be EQUAL to the market cap of Digibyte at 12k.

So obviously savetherainforest hates math.  He also seems to be OK imagining worlds in which digital assets have suddenly become worth MUCH MORE than all the money in the world.  This means he hates logic, along with math. And it is beyond a fantasy... so I would say he hates reality as well.

What if I told you that only 1% of total BTCiTcoin supply would be gambled on exchanges and only or less then 10% BTCiTCoin would be in circulation(off-exchange,atomic-swap-nonsense).

Would 7 million US dollars BTC would sound reasonable ??      

I don't hate math. I just know that everyone will keep their coins locked into some safe like some tight pussy in a prison. And people will have some kind of 'burn' ~shiba-like mechanic to keep them locked and earn interest in fiat or another crypto for the simple reason that they are not dumping and they must be rewarded.    

So taking that into consideration, 7 million would be without inflation. With all the helicopter money it would be $79 MILLION !!! So.... if I go from a penny to 12K seems reasonably good then going from 60K to 7 mill or 79 mill even... ... Lets just say for simplification it would be from 70k to 7 mill... that would be an 100x ... or 79 mil .... 1000x .... But from 0.05 to 12.000 .... that's like 240.000x        so f^ck the 1000x that's for poor people with BTCiTcoin. I need the Trololololz moneyz. ... If any hasn't observed... I'm here for the memes... who said I don't like meme coins? THey are outrageous. Hail to the new Chaos overlords.      

What if I told that 10% of 100 is 10 and that zero dildos divided by a million is still zero dildos? Outrageous!
That's why I'm in BTC.

If you had subtracted  21 billion terrible DGB tokens from 21 billion terrible DGB tokens you would have realised you will be left with zero.

The only reason why people are "investing" in many shitcoins these days is due to staking.

Even DGB doesn't have that, so what else does it have over Bitcoin? Literally nothing.
It came out at a time that people thought any blockchain will be interesting, like the Litecoin scam.

People wised up and they probably will wise up with those newer shitcoins that even WITH staking will eventually leave you with very little also.

[vapourminer]

Pretty sure.  What's the name of someone who has taken so many hallucinogens that they can no longer reason clearly?  I probably came close to that one myself... but I think he's way over that line.

rip syd barret

[ChartBuddy]

Explanation

[cAPSLOCK]

Pretty sure.  What's the name of someone who has taken so many hallucinogens that they can no longer reason clearly?  I probably came close to that one myself... but I think he's way over that line.

rip syd barret

I've got a bike, you can ride it if you like! It has a basket, a bell that rings...
...And digibyte is going to be worth 180trillion!...

Nah.. Syd made much more sense.  But RIP indeed.

[savetherainforest]

People wised up and they probably will wise up with those newer shitcoins that even WITH staking will eventually leave you with very little also.

The defensive stance of some of you guys makes me remember of R0ach. That f^cker kept defending its precious gold, now you dildos defend BTCiTcoin.      

I'm not saying it's a bad thing, but at some point.... or "at what point" you will be the old man yelling at the Moon with a green stick (maybe dildo) and kids will laugh at you cuz u'r price is not rising enough anymore.      


*edit():   Remember that if there was another coin with another name before 2009, you would be sheepl-ing into that nonsense like geese.       ... And you would be hating on the next following coin that would have been BTCiTcoin.          

*edit(2):   And I don't know who is the delusional one or the drug craving junkie.  ... I jump and diversify from a sh!t to another, but some of you guys feel trapped into the asylum that you don't want to escape from, because you got comfortable there. Snap the f^ck back out of it and go back to your fundamentals. Where is that jolly crowd chanting: "Death! Death! Death... to Government! Death to Banks! Death to the controlling Elite!" ... WtF has all the good souls went?? You all are f^cking standing and eating at the same table with baby cannibals and child molesters if you get complacent in the same system that brings them wealth as well.  ..... The point is to take from them, not join them.       .... Just open u'r eyes WO sheeple cult believers cannibal baby eaters. ...        

[OutOfMemory]

Yesterday, i had an interesting discussion about intelligence being inversely correlated to the average amount of emoticons one is using in his messages...

EDIT: Interesting, indeed. But the discussion was about WhatsApp users (which i don't use), so this means probably nothing on interweb forums