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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26373613 times)
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January 16, 2022, 02:01:26 AM


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January 16, 2022, 02:04:11 AM

Tested positive for Covid.

I'm double jabbed with the vaccine (recently) and caught it off a triple jabbed person. All Pfizer jabs I believe. I don't think these jabs stop much of the spread.

Glad that you get to live, BitcoinBunny. Hospitals are chock full of unvacced people over here.

Hail Science.
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January 16, 2022, 03:01:35 AM


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January 16, 2022, 03:29:44 AM
Last edit: January 16, 2022, 03:42:15 AM by JayJuanGee

An opinion piece on CoinDesk
"Nayib Bukele Is Not the Bitcoin Hero We Need"
https://www.coindesk.com/layer2/2022/01/14/nayib-bukele-is-not-the-bitcoin-hero-we-need/

TL;DR Installed Israeli spyware Pegasus on several regime opponents, mainly journalists.
Just like Kazakhstan, Saudi Arabia (remember Jamal Khashoggi?) and other citizen-friendly governments.

I bet this was ordered to discredit Bukele and Bitcoin. When I see a word combination "non-profit organization" I read CIA (or some other three letter agency) between the lines. It's hard to believe average joe journalists can detect war spyware like Pegasus, identify the person behind it, locate all victims etc. Looks like a job for intelligence guys.  Cool


I doubt it's made up.

Bukele being a self-centric autocrat might not fit our (I mean even MY) narration about bitcoin being the cure-all-fix-all tool it is, but it still is largely neutral - as good tools are supposed to be. They work in the hands of both saints and devils.

The simple fact that he's been able to pull off this significant, game-changing stunt on an almost individual whim could say a lot about the man's attitude and concern for dissenting opinions.

Disclaimer: What I say only comes from prejudice = pre+judice; that is, an opinion/judgement that comes from my personal history, things I happen to know or believe given my personal history. I've never been to El Salvador so I can't vouch for the sentiment there.

Well humans do the same damn thing over and over looking for the perfect leader, person, representative, savior, president and so on.

Bitcoinners have done this with Satoshi himself, Roger Ver, and so many from the olden days ... and more recently @jack, Saylor, and Bukele.

And EVERY time they let us down .  Of course they do.  They are not Jesus.  And they are selfish, imperfect humans like us all.

But I think as long as we can stop trying to turn important bitcoinners into saviors we will be OK.  I like Bukele.  I would not mind if he were my president.  A lot better than the crap we have going now in my country.  Perfect?  Certainly not.

And people always pin the future of Bitcoin on these people, and bitcoin does not care at ALL when they fail.  But we might...

I think Bukele is a net positive for Bitcoin, and most likely will continue to be.  But even if he does not stay in the boat with us, and ever tries to tip it over bitcoin will not be harmed at all.  But probably Bukele will be destroyed.

Look at Ver.

I agree with your overall point, but there is a lot of generalizing going on about what "people" supposedly do in terms of their supposed reverence towards leaders.  Of course, you are saying "everybody but me" blah blah blah.  It's a bit of an irritating argument style when some of you guys take these kinds of argumentation approaches.. "everybody but me errors in x, y and z ways."

Who's ready for the weekend pump?  Cool

Me...


me...



me.

OK.  I am now going to show you my current lens of hopium.  This is a good sort of framework for what I think might be how the future starts to look for the corn.



If it is solidified into a squiggly there must be some truth to it.
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January 16, 2022, 04:01:25 AM


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January 16, 2022, 04:11:26 AM



Well humans do the same damn thing over and over looking for the perfect leader, person, representative, savior, president and so on.

Bitcoinners have done this with Satoshi himself, Roger Ver, and so many from the olden days ... and more recently @jack, Saylor, and Bukele.

And EVERY time they let us down .  Of course they do.  They are not Jesus.  And they are selfish, imperfect humans like us all.

But I think as long as we can stop trying to turn important bitcoinners into saviors we will be OK.  I like Bukele.  I would not mind if he were my president.  A lot better than the crap we have going now in my country.  Perfect?  Certainly not.

And people always pin the future of Bitcoin on these people, and bitcoin does not care at ALL when they fail.  But we might...

I think Bukele is a net positive for Bitcoin, and most likely will continue to be.  But even if he does not stay in the boat with us, and ever tries to tip it over bitcoin will not be harmed at all.  But probably Bukele will be destroyed.

Look at Ver.

I agree with your overall point, but there is a lot of generalizing going on about what "people" supposedly do in terms of their supposed reverence towards leaders.  Of course, you are saying "everybody but me" blah blah blah.  It's a bit of an irritating argument style when some of you guys take these kinds of argumentation approaches.. "everybody but me errors in x, y and z ways."

Notice at the front of what I said I put "humans".  I see my self as one of those as well.  You are inferring into my argument positions that are not there.  (which you often do!) I am entirely guilty of what I am talking about.  With Satoshi for one, and more recently to some extent with Saylor and even Dorsey who I go back and forth about.  Currently I see his as Saint @jack again , which will need to be broken again as well.  I never liked Ver from the very beginning.  I see something well meaning in him, but he has ALWAYS irritated me.

In the end what I am posting is a warning to myself as much as anything else.  I think it is very easy to fall into this trap.

OK.  I am now going to show you my current lens of hopium.  This is a good sort of framework for what I think might be how the future starts to look for the corn.



If it is solidified into a squiggly there must be some truth to it.

Yes!  You see it then!  Tongue Roll Eyes  I do not know how much possibility I give this particular squiggly line.  I am far from any kind of T/A guru.  What I am trying to put forth, though, is the idea we might not be entering that "bear" again that so many people are thinking is similar to, say, January 2018.  My point is we might be in something more like June 2021 instead... consolidating for the run to the next ATH, which may be only 20-30% higher than the last one... Lather. Rinse. Repeat.
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January 16, 2022, 05:01:26 AM


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January 16, 2022, 06:01:36 AM


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January 16, 2022, 07:38:22 AM

Buddy is pointing upwards?
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January 16, 2022, 07:53:31 AM

Well humans do the same damn thing over and over looking for the perfect leader, person, representative, savior, president and so on.

Bitcoinners have done this with Satoshi himself, Roger Ver, and so many from the olden days ... and more recently @jack, Saylor, and Bukele.

And EVERY time they let us down .  Of course they do.  They are not Jesus.  And they are selfish, imperfect humans like us all.

But I think as long as we can stop trying to turn important bitcoinners into saviors we will be OK.  I like Bukele.  I would not mind if he were my president.  A lot better than the crap we have going now in my country.  Perfect?  Certainly not.

And people always pin the future of Bitcoin on these people, and bitcoin does not care at ALL when they fail.  But we might...

I think Bukele is a net positive for Bitcoin, and most likely will continue to be.  But even if he does not stay in the boat with us, and ever tries to tip it over bitcoin will not be harmed at all.  But probably Bukele will be destroyed.

Look at Ver.

I agree with your overall point, but there is a lot of generalizing going on about what "people" supposedly do in terms of their supposed reverence towards leaders.  Of course, you are saying "everybody but me" blah blah blah.  It's a bit of an irritating argument style when some of you guys take these kinds of argumentation approaches.. "everybody but me errors in x, y and z ways."

Notice at the front of what I said I put "humans".  I see my self as one of those as well.  You are inferring into my argument positions that are not there.  (which you often do!) I am entirely guilty of what I am talking about.  

I stand by my comments to be attempts at fair renditions of what bothers me, even if you are proclaiming to be part of the group that you protest.


With Satoshi for one, and more recently to some extent with Saylor and even Dorsey who I go back and forth about.  

Yes.. .you like to bash famous people.

I have no problem taking heros with a grain of salt and being ready to slay them if necessary.. yet frequently I find little need to be throwing out general denigrations.. or even proclaim that peeps are worshiping them too much.. it hardly makes sense to throw out such lashes in such generalized and non-specific ways.  Sure anyone can take a stance on a certain topic that is bothersome.. and even seemingly contradictory.. and surely it makes it easier to worship satoshi because he has disappeared from the scene except some of his words (texts) still exist.

Currently I see his as Saint @jack again , which will need to be broken again as well.  

He's been doing quite a few good things lately.. so I see no reason to slay him merely for the sake of it, unless there is some specifically directed thing that you are bothered about... there can sometimes be contradictory or ambiguous behaviors.  Yeah, some of his blame for twitter might have been of his doing or it may have been that he was merely trying his best in regards to various censoring matters that were not going so well..., maybe some specificity would be helpful in terms of how much you would like to take him down a notch or two.


I never liked Ver from the very beginning.  I see something well meaning in him, but he has ALWAYS irritated me.

Cannot argue with that..   Don't really know the guy personally.. and sometimes people make some good comments about some of his personal nature... not sure how much it matters.. haven't really been hearing too much from him recently..and sure, he still likely has a pretty BIG following for some of those who want to follow some of his passion or BIG block nonsense, or need for cheap transactions or whatever you might call it.

In the end what I am posting is a warning to myself as much as anything else.  I think it is very easy to fall into this trap.


fair enough.. I don't think that came out very well in the first post.. and that's up to you anyhow the extent that you might want to express yourself in certain ways.. I still stand behind how certain aspects bothered me, even if your intentions might have better than I read them to be.


OK.  I am now going to show you my current lens of hopium.  This is a good sort of framework for what I think might be how the future starts to look for the corn.



If it is solidified into a squiggly there must be some truth to it.

Yes!  You see it then!  Tongue Roll Eyes  I do not know how much possibility I give this particular squiggly line.  I am far from any kind of T/A guru.  What I am trying to put forth, though, is the idea we might not be entering that "bear" again that so many people are thinking is similar to, say, January 2018.  

You are not really going to get an argument from me on that point.  It can be a bit irritated how strongly sentiment can change sometimes, and yeah, whether we are in the second pretty BIG correction  first one being 56% and this one being 41%, so far, seems to be a fairly plausible framework to assert that we have not yet exited the bull market.. so yeah, lots of people seem inclined to consider that we are transitioning into a bear... .. yep.. no arguments from me on that angle.


My point is we might be in something more like June 2021 instead... consolidating for the run to the next ATH, which may be only 20-30% higher than the last one... Lather. Rinse. Repeat.

There could be some reasonable ways to assert that some of these corrections in the middle of a bull run are getting drug out way more than in previous cycles, even if we were to compare with 2013 or even if we might try to suggest that something like 2013 is happening, but merely with three humps rather than two humps which is causing the whole cycle to get drug out.

For sure you are not going to get me proclaiming that we have to have a blow off top, but your assertion of something 20-30% higher than our current ATH.. does seem to be wimpy (which is ONLY reaching something like $83k to $90k. except when you are then saying that a few more of them 20% to 30% increases thereafter could repeat... and sure anything could happen, but to me in several ways there seems to be greater efficiencies in just having a fuck you irrational and outrageous greater blow off top rather than pissing around with whimpy pie in the sky Kumbaya price runs of merely 20% to 30%, when bitcoin really does not do whimpy levels of outrageousness too well anyhow - especially when we are in the midst of a war and especially since we are experiencing the greatest wealth transfer that man has ever experienced.. and, even if we had once in a while short-term examples of $69k coming right after $64,895, which surely $69k ended up ONLY being about a 6.5% increase from the earlier $64,895 ATH.. which does not seem typical of our lil fiend, aka honey badger, even if we likely realize that these kinds of things can happen from time to time.. just like we actually saw that it did happen in the difference of the April 2021 top of $64,895 and the November 9, 2021 top of $69k..

So even though I am not considering any kind of blow off top to be guaranteed.. it still seems to be more like the kind of thing that would be more likely to happen, rather than transitioning in some kind of pie in the sky ideas of stability.. but whatever, I am not wed to anything... even though I believe a blow off top is more likely than bitcoin transitioning into some kind of Kumbaya stability.. at least not this early in its life.
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January 16, 2022, 09:20:05 AM
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don't we all recognize ourselves... Cool Wink

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Merited by fillippone (3), Hueristic (1)

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January 16, 2022, 10:13:19 AM

Quite expected end to the Djoko saga: https://www.theguardian.com/sport/2022/jan/16/novak-djokovic-to-be-deported-from-australia-after-losing-appeal-against-visa-cancellation

Hope all other Grand Slams will follow suit.  Cool
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January 16, 2022, 11:23:45 AM

Now that's great and these dips don't matter a lot as when your fiat is falling down the btc tower if bending is little bit then it's completely fine because you will be safe and witness it from the top.

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