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

[Biodom]

Michael Saylor's recent wisdom:

https://www.youtube.com/watch?v=HpUU7k5OZ1k

..goes after NFTs viciously (and rightly in this segment).
Here is the part about NFTs if you don't want the whole vid:

https://youtu.be/HpUU7k5OZ1k?t=479

Nobody knows if it is the same guy/gal bidding on their own stuff from multiple accounts, fluffing it up.
Talks about bitcoin, stable coins, CBDCs, etc as well.

[cAPSLOCK]

For those wondering why shitcoins are NGMI forever, read this:

https://startupsandecon.substack.com/p/you-dont-own-web3-a-coinbase-curse

The VCs are literally using the same playbook as the WS scammers that run worthless penny stocks. The stupid public end up holding worthless shitcoin bags, while the VCs divest on launch and get rich, over and over again.

Bitcoin is so outside of that entire "crypto scam ecosystem" atp that it's not even funny. It's in another universe entirely, and should not be associated with "crypto".

This is an extremely good article, and I would hope that more people begin to see this.

But there is another sucker born every minute.

I personally think Brian Armstrong and Coinbase have been a net negative for Bitcoin.  And most likely will continue to be.  Armstrong has worked as hard as he can to build a cantillon type structure in the crypto markets, basically actively working AGAINST one of the key innovations Bitcoin brings to the world.

It's the classic question.  Is he evil?  Or just dumb?

[OutOfMemory]

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. 

I agree.

If anyone thinks he is a good guy close your eyes  and let me hit you in the throat with a tennis 🎾 ball.

This is a retarded remark, he hit that lady totally by accident, not a slightest trace of intent in that action. BTW, he is rare-to find humanitarian, and s deeply respected by his peers, tennis professionals, that he was elected representative of them in each forum he was a candidate (ATP council, PTPA). When you peers and colleagues think you are the best among them it means something, doesn't it?

In the last two years or so, it seems many people have changed quite a lot, and i'm not thinking about ND exclusively here.
IMHO, there was Novak vs. Australia in a medially reported standoff. This triggers stereotypical thinking, not the best ground for discussion.

[ChartBuddy]

Explanation

[LFC_Bitcoin]

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. 

The first time a sportsman is vilified for NOT taking drugs.

Sorry but I’m #TEAMDJOKOVJC

I am unvaxxed & proud to stay strong on that. I have natural immunity from a previous infection (it really wasn’t that bad). No trial vaccines will enter my system, sorry not sorry.


And yeah, if bitcoin could just go up, that’d be great.

[OutOfMemory]

And yeah, if bitcoin could just go up, that’d be great.

That's what we're here for 
Except figurinos like beggingHorizon, proudhon and his buddy, of whom i can't recall his nick right now.

[ChartBuddy]

Explanation

[Richy_T]

Sorry but I’m #TEAMDJOKOVJC

I am unvaxxed & proud to stay strong on that. I have natural immunity from a previous infection (it really wasn’t that bad). No trial vaccines will enter my system, sorry not sorry.

I don't really know much about Djokovjc but I know that if present day Australia is on one side, I'm probably gonna be on the other.

[kellrobinson]

In September I posted charts suggesting bitcoin's price might languish until at least Q2 2023, grinding along at about $40k support.

The red curve on the big chart shows bitcoin's centered 100 week geometric mean.  A transform revealed an apparent sine pattern in the geomean, seen in the upper corner chart.  The yellow sine wave is my best fit.
The lower corner chart converts back into price domain and extrapolates the sine wave.  Indication:  we might have a couple of years of bearish action, but not a dire crypto winter.

So far, so good.

[ChartBuddy]

Explanation

[BillyCoiner]

What goes up must come down though & the embarrassingly low cycle top further shows the diminishing returns bitcoin gives now. What will the next bull top be, maybe $80,000 in 2025? Most of you bitches will have panic sold when the price hits $10,000 within around 12 months.

I told you all the top was $69,000 ages ago. Long crypto winter now, massive drops to come. How many of you will sell, more than will admit it. Massive dumps are imminent over the next months.

[El duderino_]

What goes up must come down though & the embarrassingly low cycle top further shows the diminishing returns bitcoin gives now. What will the next bull top be, maybe $80,000 in 2025? Most of you bitches will have panic sold when the price hits $10,000 within around 12 months.

I told you all the top was $69,000 ages ago. Long crypto winter now, massive drops to come. How many of you will sell, more than will admit it. Massive dumps are imminent over the next months.

Thx for the info

Further clever news to post over there:
https://bitcointalk.org/index.php?topic=5094269.msg49104899#msg49104899

Have fun I know you will…

[philipma1957]

What goes up must come down though & the embarrassingly low cycle top further shows the diminishing returns bitcoin gives now. What will the next bull top be, maybe $80,000 in 2025? Most of you bitches will have panic sold when the price hits $10,000 within around 12 months.

I told you all the top was $69,000 ages ago. Long crypto winter now, massive drops to come. How many of you will sell, more than will admit it. Massive dumps are imminent over the next months.

blah blah blah blah


Next week 50k

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[strawbs]

That little T-Rex must be a bitcoiner.

(source: a little book called "Dinosaur Therapy" which I was just flicking through before bed)

[JayJuanGee]

What goes up must come down though & the embarrassingly low cycle top further shows the diminishing returns bitcoin gives now. What will the next bull top be, maybe $80,000 in 2025? Most of you bitches will have panic sold when the price hits $10,000 within around 12 months.

I told you all the top was $69,000 ages ago. Long crypto winter now, massive drops to come. How many of you will sell, more than will admit it. Massive dumps are imminent over the next months.

In around July, when our BTC price were around $30k, you told us the top was already in at $64,895 in April, and we know what happened thereafter, the price went to $69k in November, but it took between August and November to get to that level.... so sure, now that our BTC price came back down to $43k-ish and we had a dip down to $39,559 about a week ago, you are feeling some hopium in your DOWNity dreams that likely has less than a snowball's chance in hell of even coming close to something within even any kind of striking distance of that $10k or sub $10k wishes..

Even if giving you a 2x advantage in getting down to something close to $10k from our most recent local bottom of $39,559, you have really high odds of being the opposite of koreck.. ever.. in other words, that ship has sailed and you may well be lucky to ever witness BTC prices below $30k, ever again.. Sure you can wish.. sure you can.  

It's quite likely that many members here would be willing to bet you on a variety of your wished-for DOWNity scenarios that you likely do not even believe yourself...except your handlers are helping you to propose your wished-for targets.  Your odds of losing any such bet would be pretty damned closed to 100% if you were to stand behind any kind of proposition that even approximates what you have been asserting to be BTC prices going forward..  For sure, any bet would need to be escrowed, because you hardly seem to be anyone to count on to pay up.   

[ChartBuddy]

Explanation

[xhomerx10]

2 words,
 Go Steelers!!

[ChartBuddy]

Explanation