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

[ChartBuddy]

Explanation

[AlcoHoDL]

The problem I see in the Craig S. Wright trial: most, if not all of the judges and legal people, generally don't understand (and many don't like) the concept of Bitcoin and its fundamental properties that make it what it is. This lack of knowledge and understanding of Bitcoin by the legal system, combined with some clever tactics of manipulation by the CSW side, can lead to the judge awarding CSW rights on the BTC in the addresses he supposedly owns. This can lead to an avalanche of legal actions and pressure on the Bitcoin Core team to do something that can't even be done. We all saw what happened in the Cøbra case.

CSW is a cancer that is metastasizing to all aspects of Bitcoin's existence and development, with the sole purpose of feeding his ego and satisfying his megalomania. The sooner he disappears from the face of the earth, the better. He has to be hit so hard as to never be able to attack anyone ever again -- just like cancer: cut it out before it spreads.

I am not sure if I get what you are saying, AlcoHoDL.

Isn't CSW merely fitting in a niche that happens to exist.. so even if he disappears from the trying to fuck over bitcoin scene, won't there by some other attack-vector dweeb to take his place as a newly anointed king of dweebs?

I see your point -- Bitcoin has demonstrated time and time again that it is robust enough to not be affected by various attack vectors in its history, and the attack vectors will surely never cease to exist -- if anything they are likely to intensify. It's just that Craig Wright is a special kind of beast, one that won't give up so easily, and will keep on fighting to destroy Bitcoin as long as he can do it. I wouldn't be writing this if the Cøbra case had a different outcome. Forcing (and succeeding in) the removal of the Bitcoin White Paper from the UK version of bitcoin.org because of CSW's claim he's Satoshi has left a sour taste in my mouth... I just hate everything about this person, and really hate to see him winning cases due to the ignorance and technical incompetence of some judges. CSW is one sick megalomaniac the world would be better off without.

[ChartBuddy]

Explanation

[STT]

You can make a mistake and still correct to an overall gain.  The price in long term I think will rise but it would be characteristic to rise only greatly after testing support further down.   Support typically will be checked as a foothold during a move upwards, often on news we can see the price spike both up and down.   It still seems possible there is an opportunity to buy lower even if we resolve upwards.

  95.95 on Dollar index 1st March 2020 and also relevant later that year.   Unless dollar does recover and trade above that point I'm not especially bearish, they continue to dilute dollar value consistently while making noises as if being careful in a policy to reduce inflation.

https://www.marketwatch.com/articles/shibu-inu-coin-price-bitcoin-ethereum-51636138941?mod=mw_latestnews

[El duderino_]

Some people think Nov close $98K is too big a jump. It is +60% from current level. Yes that is a big jump. But #bitcoin  did this many times before:
May 2019 +62%
Aug 2017 +66%
May 2017 +66%
Nov 2013 +451%
Oct 2013 +61%
Mar 2013 +181%
Feb 2013 +63% etc



https://twitter.com/100trillionusd/status/1456741682272260098?s=21

I’m ready p

[El duderino_]

[El duderino_]

[ChartBuddy]

Explanation

[sirazimuth]

.....
Sinking pretty low when having to 'splain bad jokes...
.....

You are such a meanie bully, Jay. Always hurting us wo bros' widdle feelenings.
I'm gonna start calling you marcus of JuanGee  (#nohomo)

snip

 

dude ffs, take it to the p+s board clown car parade. They will eat it right up and kiss your feet.

[serveria.com]

Some people think Nov close $98K is too big a jump. It is +60% from current level. Yes that is a big jump. But #bitcoin  did this many times before:
May 2019 +62%
Aug 2017 +66%
May 2017 +66%
Nov 2013 +451%
Oct 2013 +61%
Mar 2013 +181%
Feb 2013 +63% etc



https://twitter.com/100trillionusd/status/1456741682272260098?s=21

I’m ready p

Thanks, that's pure 100% hopium! This is what most of the HODLers annoyed by the current price action (or lack of thereof) need

[ChartBuddy]

Explanation

[Hueristic]

It’s hard to come up with a stronger illustration of the ineffectiveness of Russian enforcement than the existence of multiple entities with links to ransomware operating out of what is perhaps Moscow’s most prestigious office tower. One of the Vostok companies is Suex OTC, the first Russian company to face U.S. sanctions for helping ransomware cartels launder money. Suex, which operates out of Suite Q on the 31st floor, has processed at least $160 million in Bitcoin from illicit and high-risk sources since 2018, according to the blockchain research firm Chainalysis. These transactions account for 40% of the company’s known business.

https://www.bloomberg.com/news/articles/2021-11-03/bitcoin-money-laundering-happening-in-moscow-s-vostok-tower-experts-say

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[JimboToronto]

Explanation

Explanation

Go CB go.

[ChartBuddy]

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[ChartBuddy]

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[ChartBuddy]

Explanation

[JayJuanGee]

Some people think Nov close $98K is too big a jump. It is +60% from current level. Yes that is a big jump. But #bitcoin  did this many times before:
May 2019 +62%
Aug 2017 +66%
May 2017 +66%
Nov 2013 +451%
Oct 2013 +61%
Mar 2013 +181%
Feb 2013 +63% etc



https://twitter.com/100trillionusd/status/1456741682272260098?s=21

I’m ready p

I am not really against any of these ideas, but just seems a wee bit funny that peeps consider that bitcoin is on a schedule.. and yes.. maybe blame PlanB for his own tweets.. and he also has some bottom theories that seem in inevitable to fail when he is pushing them as if BTC is on a schedule.. but hey.. we will see.. we will see.

.....
Sinking pretty low when having to 'splain bad jokes...
.....

You are such a meanie bully, Jay. Always hurting us wo bros' widdle feelenings.
I'm gonna start calling you marcus of JuanGee  (#nohomo)

An unbeatable combination of the best of meanie.. preserve the URL.

 

[ChartBuddy]

Explanation