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

[Toxic2040]

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[Torque]

   “America is the prophetic image of the rest of the urban-industrial world as it will be a few years from now – recent public opinion polls have revealed that an actual majority of young people in their teens, the voters of tomorrow, have no faith in democratic institutions, see no objection to the censorship of unpopular ideas, do not believe that government of the people by the people is possible and would be perfectly content, if they can continue to live in the style to which the boom has accustomed them, to be fueled, from above, by an oligarchy of assorted experts. That so many of the well-fed young television-watchers in the world’s most powerful democracy should be so completely indifferent to the idea of self-government, so blankly uninterested in freedom of thought and the right to dissent, is distressing but not too surprising.”

    – Aldous Huxley’s “Brave New World Revisited” (1958)

So from a young people mindset, nothing has really changed. But what HAS changed is what and how the marketeers are selling to them.

For decades, consumers were marketed to on the basis of a homogeneous lifestyle: getting everyone on the same page in terms of what type of house, car, clothing, clubs, jewelry, trips, etc. constituted living in high style, class, and sophistication. These trends were all-encompassing, i.e., at any moment in time you were either part of the societal "in-club", or you weren't. Most people wanted to be in it, as there were benefits.

Now things have splintered all over the internet, and people can easily find their siloed, circle-jerking little havens for whatever stupid thing they are into...however banal, valueless, and classless it may be. So the elites have given up. Marketeers are no longer attempting to bring societies together under universal fads or notions of societal trends and ideas of classy norms. They are instead marketing directly to these splintered sub groups by collecting their individual data. "That silly thing, service, or over-indulgence you want that nobody else around you cares about except for your little circle of internet friends? Here it is, and we're here to help you get more of it."

Some people might see this as a good thing, like some sort of liberty from societal expectations and gatekeeping. But I believe that its why young people are so confused now. On the internet they have access to every stupid, fad-driven thing or indulgence they believe that they want in life, but no longer have any societal cues, guides or signposts to show them the way to live a happy, fulfilled, classy, sophisticated lifestyle. They are completely rudderless. And their parents and grandparents have completely given up trying to guide them and have checked out.

AKA - The future is a world of depressed, broke hoarders who will live in shoe boxes and endlessly shop the internet for trinkets. Change my mind.

[serveria.com]

My doc once told me to use 50-100cm of very thick electric cables (like the ones that run into a house) instead of a baseball bat. He said the bat slips down the bone and doesn't crack it, while the installation cable winds around bones and makes sure they crack nicely (also seems to hurt a bit more). Trusting my doc on this and got myself some fat cables from my electrician friend

OMG I guess you're called psycodad for a reason...

[julian071]

Watching a show about crypto on TV (RTL-Z) right now. Someone actually compared gold to horses - they were seen as very valuable for 6000 years, then something better came along (the car) so now the population of horses has gone down 90%.

[ChartBuddy]

Explanation

[eXPHorizon]

My doc once told me to use 50-100cm of very thick electric cables (like the ones that run into a house) instead of a baseball bat. He said the bat slips down the bone and doesn't crack it, while the installation cable winds around bones and makes sure they crack nicely (also seems to hurt a bit more). Trusting my doc on this and got myself some fat cables from my electrician friend

OMG I guess you're called psycodad for a reason...

You guys catching up now in 2021? xD

The Germans called it a gumistrudel service


Swords do a better job , expecialy if they are well made. The sword speaks
"I'm merly a vessel for the lord"

Taking the hands off the guns of the criminals😂😂

https://www.youtube.com/watch?v=Wl6COOA3V6Y

[psycodad]

<snip>

I know this is a BTC area and I am not a big DOGE fan as a buyer or seller of it.

But it is still viable to mine and convert to cash and BTC

I totally agree with you, I mine it too and currently sell every block the same day I hit it. I still value a DOGE block below $100 personally, everything above I get is a *must sell* for me.
But it still deeply disturbs me when this crap goes up 20% while BTC goes sideways. There were times when hitting an LTC block gave you less in LTC (with much higher diff) than you got from the merged DOGE block you certainly popped too as the diff was always lower.

It just means we need some posterboy like Musk for BTC for the deserved appreciation.

And never mind, it is totally BTC-related as it is about how much corn one gets for dumping this shit on some hip millenials with obviously way too much money at their hands.

[dragonvslinux]

Despite the price-based technical analysis looking shaky today, retail accumulation continues...



https://twitter.com/woonomic/status/1470777764886495233

[psycodad]

My doc once told me to use 50-100cm of very thick electric cables (like the ones that run into a house) instead of a baseball bat. He said the bat slips down the bone and doesn't crack it, while the installation cable winds around bones and makes sure they crack nicely (also seems to hurt a bit more). Trusting my doc on this and got myself some fat cables from my electrician friend

OMG I guess you're called psycodad for a reason...

My inquiring mind now torments itself about the question if it is because I seek to break bones of a criminal burglar looking to steel my valuables or if it is because I see a doctor that also gives unconvential security advice in the first place ??

Actually, I am named after Alfred Bundys western hero, though it comes from a time when logins were restricted to 8 chars, hence the omission of the grammatically correct ch.

[OutOfMemory]

Ok, I'm posting a cat picture.



Or not.

So no it works again, This is a weird day for me.

Arrie!  It has a red dildo in the foreground, damnit!

Looks more like a red buttplug (on a handy stick for sitting on)

You had to go there?  

I see a pussy pic and you see..


oh well...

Don't put me to fault here, JJG.
A close friend of mine had a very disturbing, traumatizing experience two decades ago.
I can only tell so much that one of our friends in his bathroom and a toilet brush were involved.
Trust me, you don't want to know and i don't want to recall the images i made up in my mind too often when he told me the story.
Only thing i can say is that i have to think of this certain event whenever i see things on a thin stick.
So, yes, i'm sorry but my subconsciousness made me go there...  

This time PlanB isn’t on point anymore, but I expected him to fall of the rails sooner or later with the S2F chart… it still is an interesting model, but nothing follows an exact model….

I recall PlanB said that a model is a model because it will break for sure at some point in time.
He was about sure that S2F will break next cycle, maybe even within the currrent one.
So, seems he was right in the end.

My doc once told me to use 50-100cm of very thick electric cables (like the ones that run into a house) instead of a baseball bat. He said the bat slips down the bone and doesn't crack it, while the installation cable winds around bones and makes sure they crack nicely (also seems to hurt a bit more). Trusting my doc on this and got myself some fat cables from my electrician friend

OMG I guess you're called psycodad for a reason...

My inquiring mind now torments itself about the question if it is because I seek to break bones of a criminal burglar looking to steel my valuables or if it is because I see a doctor that also gives unconvential security advice in the first place ??

Actually, I am named after Alfred Bundys western hero, though it comes from a time when logins were restricted to 8 chars, hence the omission of the grammatically correct ch.

Everything that's behaving like a spring does even better. The floret (thin sword for fencing) makes use of this effect.
Any thin, springy stick made of steel will work. It's the whiplash-type acceleration that makes bones crack with less power effort.
Never tried a metal spring, like the ones used on big trampolines, but they should work as long as you are prepared for the hit along the length of the spring, when it's slapping back again. Once there was a "defense tool", which was basically a 1 foot long metal spring with a small iron ball at the opponents end. It got banned for a reason.

Me, I wasn't that lucky unfortunately so I'll just stay here for a while. I have raised all my sell orders from ~50k to 80k a while ago (some WOers clairvoyant granny's prediction remember?  ).

I think it was 600Watt?

[ChartBuddy]

Explanation

[eXPHorizon]

https://www.youtube.com/watch?v=lEaTnztV6OA

CANT WAIT !

EVERYTHING IS FEEBLE IN COMPARISON

Untill it is up in the Void. We could only hear and observe glimpses of space.. WITH THIS, it will be a whole new thing !


But you know.. dont count your chickens before they hatch :S


But you know.. Space X is more important and bigger lmfao ( its a copy paste of NASA and creating nothing but space rubble) and its Rocket Launches are INSANEEEEEEEE. NOT hahahahahah, not a single Rocket was long enough in space to be tested. SpaceX Rockets would fall apart after a short period in the void


What many do not get. Creating new Money will not solve any problems it will create new ones. Fixing Society is the answer, Society will fix money on its own then.

[ChartBuddy]

Explanation

[serveria.com]

Ok, I'm posting a cat picture.



Or not.

So no it works again, This is a weird day for me.

Arrie!  It has a red dildo in the foreground, damnit!

Looks more like a red buttplug (on a handy stick for sitting on)

You had to go there?  

I see a pussy pic and you see..


oh well...

Don't put me to fault here, JJG.
A close friend of mine had a very disturbing, traumatizing experience two decades ago.
I can only tell so much that one of our friends in his bathroom and a toilet brush were involved.
Trust me, you don't want to know and i don't want to recall the images i made up in my mind too often when he told me the story.
Only thing i can say is that i have to think of this certain event whenever i see things on a thin stick.
So, yes, i'm sorry but my subconsciousness made me go there...  

This time PlanB isn’t on point anymore, but I expected him to fall of the rails sooner or later with the S2F chart… it still is an interesting model, but nothing follows an exact model….

I recall PlanB said that a model is a model because it will break for sure at some point in time.
He was about sure that S2F will break next cycle, maybe even within the currrent one.
So, seems he was right in the end.

My doc once told me to use 50-100cm of very thick electric cables (like the ones that run into a house) instead of a baseball bat. He said the bat slips down the bone and doesn't crack it, while the installation cable winds around bones and makes sure they crack nicely (also seems to hurt a bit more). Trusting my doc on this and got myself some fat cables from my electrician friend

OMG I guess you're called psycodad for a reason...

My inquiring mind now torments itself about the question if it is because I seek to break bones of a criminal burglar looking to steel my valuables or if it is because I see a doctor that also gives unconvential security advice in the first place ??

Actually, I am named after Alfred Bundys western hero, though it comes from a time when logins were restricted to 8 chars, hence the omission of the grammatically correct ch.

Everything that's behaving like a spring does even better. The floret (thin sword for fencing) makes use of this effect.
Any thin, springy stick made of steel will work. It's the whiplash-type acceleration that makes bones crack with less power effort.
Never tried a metal spring, like the ones used on big trampolines, but they should work as long as you are prepared for the hit along the length of the spring, when it's slapping back again. Once there was a "defense tool", which was basically a 1 foot long metal spring with a small iron ball at the opponents end. It got banned for a reason.

Me, I wasn't that lucky unfortunately so I'll just stay here for a while. I have raised all my sell orders from ~50k to 80k a while ago (some WOers clairvoyant granny's prediction remember?  ).

I think it was 600Watt?

That's right, it was him! Btw haven't seen him here for a while... 

[cAPSLOCK]

End of year/beginning of new year prediction:

Some well-known entity or person is going to announce a sizeable bitcoin acquisition. It could be Elon Musk (again), Jack, M. Saylor, Ark Invest, or some other notable person or company we haven't heard about yet.

It'll either happen right before 2021 ends, or shortly after 2022 begins.

Just leaving this here for the funzies.

You think the price action is in part reflecting that "work" currently being done?

[serveria.com]

Meanwhile: $47k turning into a new $50k? 

[Torque]

End of year/beginning of new year prediction:

Some well-known entity or person is going to announce a sizeable bitcoin acquisition. It could be Elon Musk (again), Jack, M. Saylor, Ark Invest, or some other notable person or company we haven't heard about yet.

It'll either happen right before 2021 ends, or shortly after 2022 begins.

Just leaving this here for the funzies.

You think the price action is in part reflecting that "work" currently being done?

Yes.

Wealthy elites, entities, and funds don't buy assets on-market and at high prices. They buy OTC, below spot when the asset is undervalued, and their whale connections help them to do it.

[cAPSLOCK]

Despite the price-based technical analysis looking shaky today, retail accumulation continues...



https://twitter.com/woonomic/status/1470777764886495233

I do not have access to data ANYTHING like Mr. Woo, but I am NOT seeing this retail volume anywhere...  Wonder what exchange(s) he is using, and I am assuming he must be using USD volume not BTC volume.  This "dip" looks NOTHING like March 2020 to me.

[JayJuanGee]

Despite the price-based technical analysis looking shaky today, retail accumulation continues...



https://twitter.com/woonomic/status/1470777764886495233

To me it seems a bit difficult to make real solid conclusions in regards to that kind of data and to really assert that retail seems to be buying BTC. 

For sure, many of us would like to see some increases in the buying and getting started in BTC activities of retail, especially since we have seen quite a few examples in the past year and a half of guys like Michael Saylor educating institutional investors about the value of hoarding.. and even really seeming to lead by example, too.

Based on Saylor's conduct retail would not be locked out of buying BTC, but his conduct does seem to cause greater levels of urgency in terms of getting in early and potentially accelerating BTC's rise UPpity.

Yeah, we can also appreciate that our UPpity in the past year has not really been as spectacular as some of us had expected so far, so there continue to be questions in regard to whether this run is over, and surely some of the BTC price action of recent times, including a pretty decently sized dip of 39% that still does not seem inclined to stop can become a wee bit disheartening for some people. .though I would still argue that newbies to bitcoin should be happy about this little pause in UPpity, even if we were to end up getting more corrections that go further than our already 39%.. and geez getting another 56% dip from the $69k top (which would be right around $30k) (like we had in May/June/July could cause quite a bit of shakening of weak hands and worry about whether this run is actually over...

Regarding the willywoo link above there were a couple more tweets from woo to attempt to further explain the data of the graph and surely just a few interesting replies to the tweets too.. such as the ongoing buying does seem to allow greater odds for our run to be continuing yet in any event, even if the data ends up being correct in terms of retail continuing to buy, we can never have a whole hell of a lot of confidence regarding some momentum continuing until maybe we start to see the price go back up into the $50ks and maybe we have to even get into the upper $50ks to really start to get some confidence coming back.

[ChartBuddy]

Explanation