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

[shahzadafzal]

https://twitter.com/bitcoinundisc/status/1461191574201716740?s=21

That's bullshit.

bitcoin is open to everyone and anyone, even though there might be some traits of conviction and bucking the trends that relate to some of the early adopters who also understand bitcoin sufficiently enough (or are willing to take some chances on it) to both invest into it and to HODL through the negative periods.

It's almost too difficult to attempt to generalize too much about who are what bitcoiners are even though there are various types that have historically existed an there are certain types that might either go through a shitcoin journey before coming over to bitcoin and their experiences and views of shitcoiners might help to define what kind of bitcoiner they are.  Oh yeah, and there are some bitcoiners who are active in forums like this and some bitcoiners who are not.. so youcannot even necessarily judge what a bitcoiner is merely based on the postings of the more actively interactive of bitcoiners even if you might be able to suggest that "an active bitcoiner is like x, y and z" but sometimes even an active bitcoiner might not be telling you about himself/herself even if s/he is posting ideas about bitcoin as a topic.

Oh, as I was typing, I realized that there was another kind of bitcoiner too.. There are some bitcoiners who have been into bitcoin for a decently long period of time and they hardly know shit about bitcoin and whether or not they can provide good reasons for why they are in bitcoin can vary quite a bit too...We are still very new to the bitcoin space, and surely with the passage of time more and more members of the public will come into bitcoin, and largely who is in bitcoin will just become something similar to asserting who is into the dollar.. nearly a meaningless framework - even if now there are some ways to attempt to contrast who's into bitcoin and not and even the fact that those of us into bitcoin are still quite early adopters and those who are coming into bitcoin are early adopters too and some of them recognize that dynamic and others are less clear about the whole matter - nothing wrong with not being very clear about something that is relatively  new in terms of its age and unclear in terms of what some of its future impacts are going to likely be.

Well with due respect I would say… not so fast please.

Well simple answer is yes bitcoin is for every one. But to understand the true value of bitcoin and and enjoy the real magic behind it, yes it need you to have a basic math/finance knowledge. At least you should know what is the meaning of LIMITED and UNLIMITED supply of an asset.

You should know how your dollar or any of your local currency is made out of a thin air. Why value of your money is decreasing day by day. Why a loaf of bread was < $1 few years back and now it’s above $3 now why?  If you don’t understand these basics how would you value bitcoin.

Yes you don’t need to understand the underlying science working behind it. You don’t need to look into the Sha-256 algorithm. But you should know how private and public keys work.

Anyway I still agree with you, in the end you don’t need to understand anything to be a bitociner. Just convert your fiats to bitcoins.

This is someone making excuses for being a no-coiner and trying to dissuade others from getting into Bitcoin by suggesting it requires special skills and knowledge of how it works.
Austrian School of Economics (insert laugh or snigger here)....
This Early - I've been in since $67

I'm a farmer for fucks sake.

Special skills - rearing livestock, growing crops, shooting a 3" group at 500 yds.

Simply buy at any price whenever you have spare fiat, and hodl.

No, don’t take the words literally. Although I don’t need to defend that tweet but I don’t why but I feel your answer clearly inspired from JJG reply :p which is good not bad.

Anyway Austrian School of Economics I guess was mentioned for sake of example.  

In the end I would say in my own words like…

It’s ok if you are in bitcoin and don’t understand it.
It’s brilliant if you are in bitcoin and understand it.

You are in bitcoin that’s important and when you understand it, that’s icing on the cake.

[1714539889]

1714539889

[1714539889]

1714539889

[Arriemoller]

I much prefer reading WO when we are downity, I can almost sense how different folks deal with it in how they reply:

Meme poster - hiding behind humour
Miner poster - hiding behind dca at scale
TA/Charts poster - hiding behind perceived intelligence
Finger pointing poster - hiding behind blame
Hopium poster - hiding behind bull characteristics
FUD poster - hiding behind bear characteristics

The commonality is we all recognises the price movement we just express it different ways. I find that highly enjoyable to figure out who is who based on their posting habits purely as a distraction away from the downity. Did I miss any poster types?

How about those that have seen it all many times before and don't give a shit.

[vapourminer]

[weed]

That is extremely interesting about the sleep part, I asked the question as a good friend has early stages of dementia at a young age, they have given up getting stoned hoping it will help, but like you have irregular sleep, waking up after just 4 hours sleep plus having vivid dreams or nightmares.
Perhaps having a smoke or cookie in the evening might help them sleep better.

weed does change REM (dream) sleep, it delays its onset and there is less of it. having a proper balance of REM vs other sleep phases is important to cognitive abilities and and physical energy.

so if that person has sleep issues related to wacked out sleep cycles weed could get those sleep cycles nearer to normal.

[naim027]

https://twitter.com/bitcoinundisc/status/1461191574201716740?s=21

Just Hodl



I bought it at the dip. But it keeps dipping. 😅

[ChartBuddy]

Explanation

[HI-TEC99]

...

I think i remember there is something one can do to slow down or even stop the progression of dementia. No healing possible, though (afaik).

Yet.

https://www.dailymail.co.uk/sciencetech/article-10202105/Alzheimers-research-gives-hope-patients-scientists-suggest-jab-reverse-dementia-mice.html

[HI-TEC99]

I much prefer reading WO when we are downity, I can almost sense how different folks deal with it in how they reply:

Meme poster - hiding behind humour
Miner poster - hiding behind dca at scale
TA/Charts poster - hiding behind perceived intelligence
Finger pointing poster - hiding behind blame
Hopium poster - hiding behind bull characteristics
FUD poster - hiding behind bear characteristics

The commonality is we all recognises the price movement we just express it different ways. I find that highly enjoyable to figure out who is who based on their posting habits purely as a distraction away from the downity. Did I miss any poster types?

How about those that have seen it all many times before and don't give a shit.

[Farmer Bill]

https://twitter.com/bitcoinundisc/status/1461191574201716740?s=21

That's bullshit.

bitcoin is open to everyone and anyone, even though there might be some traits of conviction and bucking the trends that relate to some of the early adopters who also understand bitcoin sufficiently enough (or are willing to take some chances on it) to both invest into it and to HODL through the negative periods.

It's almost too difficult to attempt to generalize too much about who are what bitcoiners are even though there are various types that have historically existed an there are certain types that might either go through a shitcoin journey before coming over to bitcoin and their experiences and views of shitcoiners might help to define what kind of bitcoiner they are.  Oh yeah, and there are some bitcoiners who are active in forums like this and some bitcoiners who are not.. so youcannot even necessarily judge what a bitcoiner is merely based on the postings of the more actively interactive of bitcoiners even if you might be able to suggest that "an active bitcoiner is like x, y and z" but sometimes even an active bitcoiner might not be telling you about himself/herself even if s/he is posting ideas about bitcoin as a topic.

Oh, as I was typing, I realized that there was another kind of bitcoiner too.. There are some bitcoiners who have been into bitcoin for a decently long period of time and they hardly know shit about bitcoin and whether or not they can provide good reasons for why they are in bitcoin can vary quite a bit too...We are still very new to the bitcoin space, and surely with the passage of time more and more members of the public will come into bitcoin, and largely who is in bitcoin will just become something similar to asserting who is into the dollar.. nearly a meaningless framework - even if now there are some ways to attempt to contrast who's into bitcoin and not and even the fact that those of us into bitcoin are still quite early adopters and those who are coming into bitcoin are early adopters too and some of them recognize that dynamic and others are less clear about the whole matter - nothing wrong with not being very clear about something that is relatively  new in terms of its age and unclear in terms of what some of its future impacts are going to likely be.

Well with due respect I would say… not so fast please.

Well simple answer is yes bitcoin is for every one. But to understand the true value of bitcoin and and enjoy the real magic behind it, yes it need you to have a basic math/finance knowledge. At least you should know what is the meaning of LIMITED and UNLIMITED supply of an asset.

You should know how your dollar or any of your local currency is made out of a thin air. Why value of your money is decreasing day by day. Why a loaf of bread was < $1 few years back and now it’s above $3 now why?  If you don’t understand these basics how would you value bitcoin.

Yes you don’t need to understand the underlying science working behind it. You don’t need to look into the Sha-256 algorithm. But you should know how private and public keys work.

Anyway I still agree with you, in the end you don’t need to understand anything to be a bitociner. Just convert your fiats to bitcoins.

This is someone making excuses for being a no-coiner and trying to dissuade others from getting into Bitcoin by suggesting it requires special skills and knowledge of how it works.
Austrian School of Economics (insert laugh or snigger here)....
This Early - I've been in since $67

I'm a farmer for fucks sake.

Special skills - rearing livestock, growing crops, shooting a 3" group at 500 yds.

Simply buy at any price whenever you have spare fiat, and hodl.

No, don’t take the words literally. Although I don’t need to defend that tweet but I don’t why but I feel your answer clearly inspired from JJG reply :p which is good not bad.

Anyway Austrian School of Economics I guess was mentioned for sake of example.   

In the end I would say in my own words like…

It’s good if you are in bitcoin and don’t understand it.
It’s brilliant if you are in bitcoin and understand it.

You are in bitcoin that’s important and when you understand it, that’s icing on the cake.

It is good of you to post it to create some discussion.

I too picked up a nuance in language used that it was a veiled warning against taking up with Bitcoin, with a bit of sarcasm in the final "I salute you".

Its kind of like saying "good luck with that then "

[OutOfMemory]

...

I think i remember there is something one can do to slow down or even stop the progression of dementia. No healing possible, though (afaik).

Yet.

https://www.dailymail.co.uk/sciencetech/article-10202105/Alzheimers-research-gives-hope-patients-scientists-suggest-jab-reverse-dementia-mice.html

Thanks.
It was something about reducing the buildup of new protein lumps in the brain... I am sure i learned something about that, it's just a matter of recalling it, and hints help a lot.

[philipma1957]

got some more dip

[ChartBuddy]

Explanation

[philipma1957]

tasty dip grabbed more today.

[goldkingcoiner]

https://www.marijuanamoment.net/germany-set-to-legalize-marijuana-nationwide-after-major-parties-reach-agreement/

So, Germany is legalising weed. Just wanted to mention.  

If regulation is not a problem, I will open up my own shop and accept BTC. I would love to be known as the first guy in history with the first weed shop which accepts BTC in Germany. Any interested investors?  

[Torque]

tasty dip grabbed more today.

Please starting selling again so number go up

[ChartBuddy]

Explanation

[OutOfMemory]

Bought a lil of this dip, now Kind Daddy can start flying again...

https://www.marijuanamoment.net/germany-set-to-legalize-marijuana-nationwide-after-major-parties-reach-agreement/

So, Germany is legalising weed. Just wanted to mention.  

If regulation is not a problem, I will open up my own shop and accept BTC. I would love to be known as the first guy in history with the first weed shop which accepts BTC in Germany. Any interested investors?  

If you're serious... not uninteresting.

[philipma1957]

tasty dip grabbed more today.

Please starting selling again so number go up

I will sell some at 68k😊

[Biodom]

Biodom, you happen to have me on ignore?  
As for the other statement, announcing my good-bye... The little one woke up and stole mommy  
So, no intense breathing tonight...

Oh, sorry, a bit of work in the meatspace today..I just saw a post and "latch" on without checking the comments.

I am COMPLETELY relaxed about bitcoin now for a multitude of reasons.
I did not buy or sell, just think that it is much more likely to succeed than to fail now and feel good about it, price fluctuations notwithstanding.

[BitcoinBunny]

We will start to go up now and it will be glorious.

[BitcoinBunny]

tasty dip grabbed more today.

Please starting selling again so number go up

I will sell some at 68k😊

Get ready for Saturday then.