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

[cAPSLOCK]

Dude there’s more chance of me bedding Margot Robbie than bitcoin going anywhere near below $10,000 in our lifetime.

Sub $1,000?
You must be high on crack.

Had to google Margot Robbie since I do not know celebrities.

Woof.  OK.  I would be willing for Bitcoin to go back down to 800 for you... It would have to come back up really fast.  And I am also going to sell my house for the dip.

[ImThour]

Dude there’s more chance of me bedding Margot Robbie than bitcoin going anywhere near below $10,000 in our lifetime.

Sub $1,000?
You must be high on crack.

I already admitted after that post that the chart is completely wrong.

I understand your point, thanks for sharing the thread. I am learning Elliot Wave and tried to implement it on the chart.
Cheers!

Thanks for your input, I don't do drugs lmao.

[cAPSLOCK]

Dude there’s more chance of me bedding Margot Robbie than bitcoin going anywhere near below $10,000 in our lifetime.

Sub $1,000?
You must be high on crack.

I already admitted after that post that the chart is completely wrong.

I understand your point, thanks for sharing the thread. I am learning Elliot Wave and tried to implement it on the chart.
Cheers!

Thanks for your input, I don't do drugs lmao.

Dont take our scoffing too hard. Lol.  I mean, that looks like the 5 up 3 down bullmarket plus correction EW graph all right.  I just think it would take something catastrophic to make it go like that.

The scary bit is we seem to be experiencing a good deal of catastrophe... ;/ 

[ChartBuddy]

Explanation

[Torque]

I know OT but fuck it made me laugh what an absolute shit show ETH and it's leaders are

https://twitter.com/ethdotorg/status/1485644472880877572



"We've removed all uses of 'Eth2' terminology on http://ethereum.org"

Now no one can say Eth 2.0 will never come, because they don't even call it that anymore. Genius!

It's like watching a Rube Goldberg machine being built in real time.

[ImThour]

Dont take our scoffing too hard. Lol.  I mean, that looks like the 5 up 3 down bullmarket plus correction EW graph all right.  I just think it would take something catastrophic to make it go like that.

The scary bit is we seem to be experiencing a good deal of catastrophe... ;/ 

It's all good man, I was just pointing out that I realized my execution of EW was bad.
Deserved haha.

[BitcoinBunny]

I know OT but fuck it made me laugh what an absolute shit show ETH and it's leaders are

https://twitter.com/ethdotorg/status/1485644472880877572



"We've removed all uses of 'Eth2' terminology on http://ethereum.org"

Now no one can say Eth 2.0 will never come, because they don't even call it that anymore. Genius!

You would have thought news like this would most likely have a negative impact on the price:

"You know that thing we have been talking about for over a year, well it ain't happening."

But no, it makes no difference.

Which basically means no one gives a shit about the capacities or reasons of ANY of these shitcoins existing.

Just mere speculation and they follow the Bitcoin trend and scamming cunts like Vatalik are just there to distract people with their copy & paste projects.

[hisslyness]

By the way, I sent the above image to someone via text in real life, and at the time of sending the pic, I pretty much said:  "You need to be more like me," and the person told me that I needed to explain the picture MOAR better because the picture does not make sense, and I refused to explain the picture.  I said that the picture is self-explanatory.. and should be studied more closely in order to understand it.  

One of the problems of peeps in real life.. sometimes, and in that regard, I guess I am a meanie in real life, too.. because I refuse to explain more than what is already shown in the picture.

What's that saying...  "A picture is worth a thousand words" or "A picture speaks a thousand words"...

Well, that's got a thousand and four words (1004).. not much more explaining needed!...

[ChartBuddy]

Explanation

[Torque]

OT
Biden will host CEOs at the White House to promote his stalled Build Back Better bill
https://www.cnbc.com/2022/01/25/biden-to-ceos-to-promote-his-stalled-build-back-better-bill-.html

Translation: Biden will sheepishly explain to the 10 elite CEOs why they didn't get their $1T in free money.

[shahzadafzal]

#Bitcoin's annual settlement volume has officially surpassed Visa's.


https://twitter.com/documentingbtc/status/1486344035765731329?s=21

[ChartBuddy]

Explanation

[OutOfMemory]

Dont take our scoffing too hard. Lol.  I mean, that looks like the 5 up 3 down bullmarket plus correction EW graph all right.  I just think it would take something catastrophic to make it go like that.

The scary bit is we seem to be experiencing a good deal of catastrophe... ;/ 

It's all good man, I was just pointing out that I realized my execution of EW was bad.
Deserved haha.

I was even taking it as a good joke, ala proudhon and the likes 

[cAPSLOCK]

Hard to believe folks... if you ask me.  That we are actually watching this happen.  Right now.  Even though we all believed it the whole time.  How many times did we all say "If"?

But here's the fly in this particular soup.

Will the country with the worlds reserve currency decide to go the wrong direction with laws or regulations BECAUSE our "enemy" embraces Bitcoin? 

Seems a little too late to me... but I still worry since I live here.


____________________________________________________________________________
Other topic:

[El duderino_]

https://twitter.com/bitcoinmagazine/status/1486341512287895553?s=21
Russia…

[LFC_Bitcoin]

https://twitter.com/bitcoinmagazine/status/1486341512287895553?s=21
Russia…

[fr4nkthetank]

"By removing Eth2 terminology, we save all future users from navigating this confusing mental model."

Can't make this shit up.  Once a shitcoin, always a shitcoin.  I still haven't forgiven them for spamming the whole internet with eth propaganda at/after the premined presold unregistered illegal initial security offering

[ChartBuddy]

Explanation

[ImThour]

Found something really interesting. Everytime BTC goes below 1 Week 50 MA, it retested 1 Week 200 MA.
Not saying it has to do this again but something to look at.  

[JayJuanGee]

By the way, I sent the above image to someone via text in real life, and at the time of sending the pic, I pretty much said:  "You need to be more like me," and the person told me that I needed to explain the picture MOAR better because the picture does not make sense, and I refused to explain the picture.  I said that the picture is self-explanatory.. and should be studied more closely in order to understand it.   

One of the problems of peeps in real life.. sometimes, and in that regard, I guess I am a meanie in real life, too.. because I refuse to explain more than what is already shown in the picture.

hahaha i also sent this pic to someone and this was the reply :p

Yes.... Peeps can be quite easily distracted, and even triggered into the relation of various shitcoins to bitcoin, and I am not even going to deny that bitcoin does not have some relations to the various shitcoins - including that some of the public sentiment leads to actions and even the development of financial instruments/vehicles around shitcoins.... so in some sense there could be some ongoing drag upon bitcoin, but also we do see every once in a while such as early 2019 in which shitcoins get punished as fuck while bitcoin goes up.. even if there is a kind of temporary separation, those kinds of price dynamics do happen from time to time - and really don't want to call them too early.. even though currently shitcoins are getting beat up worse than bitcoin, but there could end up being a kind of market realization that some froth needs to be purged and bitcoin is not part of that froth... that would be the smart move of the market.. but the market is not always smart - whether we are talking about distraction into scamcoins, meme coins, ICOs, NFTs.. or whatever other quasi-valueless shitcoin project of the day .. that may well be eligible for a purge in the near term....... not sure if that will affect all of those easily distracted folks.. but surely some of them end up seeing the light when we get such purgenings of shitcoins/shitprojects with a simultaneous pumpening of king daddy.