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

[shahzadafzal]

hah has another 10 years to go to beat the Fusion Forum with a whoooooppping 280k pages

sadly it went offline 2018

perhaprs it was better this way. nobody wanted deluded greedy people there

Fusion Forum what's that? never heard about it?

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[1715682938]

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[1715682938]

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[ChartBuddy]

Explanation

[eXPHorizon]

Dayumn, The Matrix 4 is actualy a good Movie with alot of pointers and secrets. Love their 1sec cryptic stuff. Good movie for those who see and understand it

[aysg76]

Made me laugh hard



To all the faketoshis in the market this technique is worth trying but still it won't help you.

[ChartBuddy]

Explanation

[eXPHorizon]

Friendly Reminder - The Matrix is real and there is an very smart system reading each of our minds. With or without the smart phone :p
No i am not joking i am serious.



Nikola Tesla the first person to realise that our Brains are a Medium. Not the best invention of his but surely a groundbreaking one .

His greatest invention is Something far more powerful

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[AverageGlabella]

Common buddy

Boost us up

I am drinking a pot of hazelnut coffee right now and picturing a buddy lift past 55555.55

You are easily satisfied 

I’m picturing 135k to start with

55555.55 is merely one step on the journey to 1,050,000 by dec 31 2022.

I think I need to try some of this hazelnut coffee you guys have been drinking because it sounds like its some strong stuff.

[ChartBuddy]

Explanation

[STT]

My rough take on weekly bars and this recent action is that its fairly similar to the July low in that it appears negative at the time but holding this yearly average is quite bullish and we remain in a trajectory that is ascending.   There is no certainty it has to hold this particular measure but its recovered this week similar to the summer, though with holidays I'm not sure we have the assurance of volume confirmation just yet.   
   40k is the September low and a significant point prior in summer and year start to 2021 so for 2022 Im looking for us to pivot around that, on the basis MA is best used as an indicator not specifically support.  The volume bars for 2021 start appear pretty massive compared to December, so just for that reason I have to watch that area as most significant with some gravity to it.

[jojo69]

[bitcoinPsycho]

Common buddy

Boost us up

I am drinking a pot of hazelnut coffee right now and picturing a buddy lift past 55555.55

You are easily satisfied 

I’m picturing 135k to start with

55555.55 is merely one step on the journey to 1,050,000 by dec 31 2022.

I think I need to try some of this hazelnut coffee you guys have been drinking because it sounds like its some strong stuff.

It's the best . Got shitfaced on it yesterday and still expecting 100000 by midnight

[ChartBuddy]

Explanation

[El duderino_]

is it going to be a mere 2x to 4x from here or do we end up having another 8x to 30x from here... either scenario could end up playing out..

I've only got small needs, so I'd settle for a modest 8x from here.

At inflation rates of today... indeed a current 8x will be modest and good to maintain basic needs

[ChartBuddy]

Explanation

[cAPSLOCK]

is it going to be a mere 2x to 4x from here or do we end up having another 8x to 30x from here... either scenario could end up playing out..

I've only got small needs, so I'd settle for a modest 8x from here.

At inflation rates of today... indeed a current 8x will be modest and good to maintain basic needs

This is the great bete noir of our time.

We have known for a long time that the way Bitcoin REALLY gains value is at the cost of social stability.  And we are seeing it play out in real time today.

And it is like a race.  We are becoming paper millionaires, and even higher, but at the same time the unit of account we use today is melting down.

$10,000,000 BTC is a bad thing if a loaf of bread is $100k.

I think there are SOME people whose plan (or hope) is the financial system melts down completely so we can bring forth (pick your story here) socialism, and CDBCs, or freedom and BTC.

And of course WE are all rooting for the latter.  But we will also be affected by the absolutely and dire misery that this road leads to.

But a slow orderly march to a sound monetary system???  Chances of that?  Seeming to get smaller by the day to me.

[Gachapin]

What I fear is eventually the powers that be will figure out that possibly their very best chance against Bitcoin is not a CDBC, but rather Ethereum.  

That is def. possible.
In my view Meth is the perfect tool for TPTB to easily stay in control, essentially forever. (I recently mentioned how i see POS as an adequate base structure for that)


Meth also offers that great Hollywood trash story, in order to lure in the masses:

"The futuristic super-network^tm that could only be invented by an alien-like savant genius kid" (...who unfortunately appears quite emotionally retarded and seems to be an easy job for any professional handler..)

And don't forget:
The Network will be Greta-green, because its security isn't backed by the value of energy and stupid thermodynamics. (...Why in the hell would you need that....?  Let's apply the magic of circular reasoning and let the tokens secure themselves, and of course, let's pay the main holders along the way. ...seems even worse than cRipple )

It is my hope that TPTB waste another 10 years trying to push their CDBC experiment.  

5 years at least, I think. (if you mean CBDC)
Combined with some Chinese-like social credit system and digital personal identities & wallets, it could work.

But who knows what the future will bring.
Could even be that the US 'deep state' invented BTC as an energy based monetary system. For the time after a USD collapse, since they probably haven't got many gold reserves left either. In that case they would own Satoshi's keys of course  

[Gachapin]

Regarding ease of use
I had that thought again a few days ago, when I sent some transactions.
"Why do I have to check these awful random strings of numbers and letters... why couldn't addresses be displayed like seed words or so"
My hope is that HW makers come up with a solution for that.

But Bitcoin development itself has stalled quite a bit in this area.
Of course, Bitcoin is not the place to try out every new idea, just to see how it goes. But I agree... more could have been done.

I guess many Devs rather work for shitcoin projects and get rich... market forces.
Probably there should be some kind of reward program paying BTC devs, when some of their ideas get implemented.
I wouldn't know how that should work, or specifically look like, but building something like that should be a community effort.

Yeah I agree. There have been attempts in the past to try to make addresses easier to use, but they all had attack vectors and compromises.

Alas, I don't really see a good solution until banks start to allow btc to be stored in online accounts, with multi-level security protocols in place to make sure btc can't leave without adequate validation of the true account holder. Banks would also have to integrate something like Lightning rails in order to make transactions fast.

But of course even if they did this, it violates the whole "hold your own keys, be your own bank" original purpose of Bitcoin. Not like the masses would even care, though.

With BTC banks could offer more transparency:
You could be given an individual BTC address for your holding. And even if you don't have the keys for it, you would be able to check the balance, in order to confirm that they don't mess around with it. In that way banks could proof to a certain extend that they don't do fractional BTC reserve.