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

[ImThour]

Speaking of TA, did Gyrsur abandon the WO?

EDIT: ImThour, i don't hate your TA, but Ellioth-ish $800? C'mon! This must have been satire!

Emotions played with my mind. I will laugh in upcoming years on that post

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[1715456053]

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[1715456053]

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[ChartBuddy]

Explanation

[JayJuanGee]

Wow.  This is extremely bad news IMHO...

Trezor Adopts Swiss Travel Rule Protocol for Private Crypto Wallets

https://www.coindesk.com/tech/2022/01/27/trezor-adopts-swiss-travel-rule-protocol-for-private-crypto-wallets/

The Swiss, from the best most private banking system to the worst nanny state oversight in the world in one generation.

How sad.

Yes, I've noticed similar tendencies with ProtonMail (based in Switzerland), trying to bait paywall features in exchange for additional user details (and connection meta data), as if doxxing the French climate activist wasn't enough.

That case certainly sucks and incurred the wrath of many Protonmail users.
At least he was informed in advance of the request by French Police enforced by Swiss Courts.
His encrypted email account was not compromised the contents not revealed.
His VPN activity was not available, Swiss law does not require VPN logs to be kept.
There is a ProtonMail onion service for those requiring increased security.
You can sign up (pseudo) anonymously and upgrade the account without revealing personal details by paying with Bitcoin.

ProtonMail is reasonably good compared to the offerings (and security) of the major email services offered in N America, Europe and Australia, who hand over your unencrypted data to law enforcement without any court warrant or to any commercial business for a fee. However ProtonMail have to operate in the real world bound by ever increasing draconian surveillance laws.

Trezor going down the toilet with their Swiss Travel Rule Protocol.

In other news Bitcoin keeping us guessing as to the next move in price.

After careful consideration of recent feedback, we will be removing Address Ownership Proof Protocol (AOPP) in the next Trezor Suite update. The relevant pull request has already been submitted on GitHub.

https://blog.trezor.io/a-decision-on-aopp-789540c2930b?gi=35823dfa7ebf

I am glad that Trezor came around quickly, and their blogg said that they had been contemplating integrating the AOPP feature for a year without any meaningful opposition, and that was part of the reason why they had implemented such feature... and surely the great amount of blow-back help them to quickly reverse themselves (and their likely mistaken implementation of such AOPP).  Good news.. Good news... Even though I had not really understood what AOPP was, the recent discussion of that topic was causing me to consider if I should discontinue using Trezor and to go to products that did not uses such feature.  

I had always liked Trezor's products and their various practices and policies..  and sure, it is not bad to have a bit of competition out there, too... and maybe even improvements upon several of the offerings.. and even greater variety of offerings.. so we can decide.. even though any one usage might not be definitive or permanent.. and sure there is some sadness that some amount of technical awareness will advantage you, including if governments (and even private industries) start to go in various kinds of higher level attack modes regarding internet access or the multitude of ways that our privacy and access are being compromised, then the more technically educated people are going to have quite a few advantages in those areas, too.

Another thing is that the awareness of the existence of this AOPP issue (and negative publicity regarding how it might end up in some of the software code) has caused some attention to make sure that various supposed "privacy oriented" wallet services are affirmatively removing that kind of code from their products (surprised that some other wallets had that AOPP code in their products, too).

Speaking of TA, did Gyrsur abandon the WO?

EDIT: ImThour, i don't hate your TA, but Ellioth-ish $800? C'mon! This must have been satire!

Emotions played with my mind. I will laugh in upcoming years on that post

Seems disingenuous as fuck to me.. oh $800,..... whoops..... yeah right? ... also disingenuine especially given some of your other nonsense posts and your ongoing passive aggressive behaviors... and even if you are recently seeming to try to present yourself as some kind of supposed reasonable and balanced poster who just happens to be more negative about the BTC price..

.. yeah right..

You won't even come close to standing behind your claims... .. and just keep throwing variations out there and hoping something sticks.. like any good soothsayer wannabe.   

[ChartBuddy]

Explanation

[ImThour]

[shahzadafzal]

🚨 OFFICIAL: A bill was introduced to make #Bitcoin  legal tender in Arizona

You can find the bill here. Search for: 1341

https://apps.azleg.gov/BillStatus/BillOverview?SessionID=125

[Paashaas]

[ImThour]

Might help someone if they are feeling low.

[ChartBuddy]

Explanation

[philipma1957]

Explanation

Go buddy get us up and over the top.

[OutOfMemory]

Explanation

Go buddy get us up and over the top.

[ChartBuddy]

Explanation

[OutOfMemory]

That CME Bitcoin January Futures contracts got closed today, right?
Wouldn't be too surprised if BTC volume will magically grow by about the amount that was needed to keep the price lower in the last two days via selling.
I'm tempted to start trading every end-of-futures-contract, which should be one of the most successful ways to end this obvious shitfuckery  

[ChartBuddy]

Explanation

[serveria.com]

ImThour back with his shit TA 

3 Support Levels:
- Trendline Support
- $35.5k
- $33k

3 Resistance Levels:
- $38.5k
- Trendline Resistance
- $43k

Prediction (Some people hate this part IKR):
CASE 1 : If we break the Support Trendline, we reach at Support 2 i.e. $35.5k
CASE 2 : If we break the Resistance 1 i.e. $38.5k, we reach at Resistance Trendline

Have a good eve!

Not sure what happened here but no TA is shit TA... well except for the proudhon's "Bitcoin going to zero" troll TA... 

[marcus_of_augustus]

That CME Bitcoin January Futures contracts got closed today, right?
Wouldn't be too surprised if BTC volume will magically grow by about the amount that was needed to keep the price lower in the last two days via selling.
I'm tempted to start trading every end-of-futures-contract, which should be one of the most successful ways to end this obvious shitfuckery  

... is it just a coincidence the late October '21 arrival of bitcoin futures ETF coincided with most recent ATH??

.... same thing happened in dec 2017 when first btc futures contract opened on CME, although admittedly btc was dramatically overbought at the time

[marcus_of_augustus]

...
Not sure what happened here but no TA is shit TA... well except for the proudhon's "Bitcoin going to zero" troll TA... 

... he was spreading around BS like you do much of the time, you probably would have your idiot cool glasses emoji for it

[Hueristic]

Now this is a better post than sub 1k fud!

Not telling you what to post, just saying.

[Tweak25]

https://twitter.com/FossGregfoss/status/1487195845099507712?cxt=HHwWgMC-qbuvyqMpAAAA

Que?

Is Foss among us?

[savetherainforest]

Mark Twain said it best: Never argue with an idiot. You'll never convince the idiot that you're correct, and bystanders won't be able to tell who's who. Peace.

I would love to know from out experts here if this is bullish or bullish. 🤨

Probably it is the next dip that I'm expecting to happen. I have cash prepared for this last dip. My last 20% of cash for scooping some more stuff and maybe some BTCiTcoin as well, but I'm not a big believer in BTCiTcoin gains anymore. Another 10x is meh for those like me with 2000x .... GO F^CKING BANANAS ON SH!TCOINS !!! BUY ALL THE SH!TCOINS!!! ... (before bankers do ofc.. )

Anyone still believing in shitcoins after the recent dip wiping them almost off the face of the earth must have a mental problem OR is simply trolling which I think you and Proudhon do OR is part of a distract and earn money scam scheme which I think the likes of Raul Pal and many other YouTubers are part of.

It is also CLEAR to see with yet another stablecoin entering the top 10 recently and looking to stay, there is simply no room for shitcoins to even exist beyond penny stock pump and dumping.

This doesn't mean I don't support anyone who can make a quick buck through mining or increasing their BTC stash through swaps.

But let's not kid ourselves on here. There is absolutely NO value in shitcoins and they are time and time again proven to be a terrible long term investment compared to BTC.

With only 3 shitcoins out of the 19 in the top 20 from 2017 still in the top 20 now it is clear to see they are 95% utter garbage (pump and dump and forget) and maybe 5% luck (distraction campaigns that last).

Look.. the only thing with BTCiTcoin is that it has some supply trapped on ATM's that needs to always be liquid. That makes a part of the supply "not-active-status", that means it is not being trade, that means it has no participation on the market, aka 'it is not being dumped on opportunity swings'. But, as soon as some sh!tcoin gets adoption and is being trapped trough the same mechanism of ppl having it as 'liquidity' on PC's / devices / ATM's, the price will go up in value and no one will not want to trade on it as much. So.. you think about that.      
And besides that, think of it in another way: "Bitcoin is not supposed to be used as a currency."  ,.. You basically can't have 2-3 million transactions per second just for coffee orders at your local coffee shop.
BTCiTcoin is supposed to be kept locked in a safe and not be used.