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

[bitcoinPsycho]

The mother of all pumps in one hour tbc.

I like your wishful thinking, but it's still woobly-uoobly-clumsy.  

Ha ha this is my latest TA




As you can see bitcoin is fucking mental  

[Torque]

I wish I could 'fuck around' with 29 Bitcoin.

Source: https://twitter.com/stoolpresidente/status/1487150299462647819

Paper hands Portnoy will probably panic sell it all at the next -5% drop.

[ChartBuddy]

Explanation

[fillippone]

arizona is the next el salvador

Just had a thought, and i wonder if any drafting the legislation have thought of it, what would happen if we have another hard fork, which Bitcoin chain would be considered legal tender?

Same way they would have worked out which one to pick from the previous fork in 2017.

Firstly, the one that retains the name Bitcoin, and secondly, the one that isn't full of a bunch of a stupid idiots.

can you imagine all the future fuckwits like future CSW or future Roger yapping in their ears!.. "we're the real slim shady!" what a nightmare that would be!

While I like the proposal, no way this bill will get approved.
And even in the case this bill origin a law, I bet the federal government will have something to say, probably vetoing.
I am not an US lawyer, but I hardly doubt any national Us state can legiferate on something even remotely linked to money.

Happy someone in the us put forward this proposal, just to say “Hey! You have been warned!”

[El duderino_]

Dammit just noticed .... Running behind the merit count with fillippone...

damn what am I gonna do? Pee, Food?, Eeeeuhm ...

Naaaah GG @fillippone.

[ChartBuddy]

Explanation

[Richy_T]

Dave from eevblog just revealed that when you get a youtube silver plaque, you get to enter whatever name you like to be engraved on it. I'm sure Craig Wright will get right on that.

[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  

With such playing around, you might end up ending ur lil selfie first.

Seems better to just have a system.. and yeah..  if you want to attempt to counter-balance some seeming patterns that you see, you might be successful - until you are not, so hopefully you would not be playing with too much value in such gambling endeavors.
 

Of course no high values, a third of the "play money" at best. I could set up some limits, like only proceeding until i lost a certain part of the satoshi i have gained using that system.

... 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

Yes, these coincidences have also caught my attention.

[cAPSLOCK]

A while back I did a comparison review of various lightning wallets.  I did not rate Bluewallet very highly as at the time their software was clunky, primarily custodial, and hardest to move coins around with.  They have come a LONG LONG way since then adding several features that are unique.  For example you can even add LND (and CL I think) based seed words and produce the onchain wallet associated with that LND node.  I don't think any other wallet does this.  Anyway... their software has found a place on my phone for some basic lightning uses... and I have come up in my appreciation of what they build.  I was dismayed that they were opne of the projects that planned to implement the spy features... and I expressed concern.  As it turns out my understanding is they are reversing course.

This has been an extremely interesting little event in the Bitcoin world, and encouraging to see.  I also did not want to have to do a holy journey to El Salvador to ceremonially throw my Trezor into a volcano...

[ChartBuddy]

Explanation

[OutOfMemory]

arizona is the next el salvador

While on the "dark side"...
https://www.coindesk.com/policy/2022/01/24/bank-of-america-says-us-cbdc-would-preserve-dollars-status-as-worlds-reserve-currency/

[BlackHatCoiner]

Speaking of Lightning, when will it get mainstream? I mean, yesterday I wanted to pay for a Discord nitro which costed $4 and the guy didn't even know what Lightning is. 

Yes. I paid on-chain...

[AverageGlabella]

Source : https://twitter.com/BitcoinMagazine/status/1483046971912957952
It is evident today governments have pushed the idea that Bitcoin is obviously awful for the climate when normal mining leaves scars on the earths surface and requires enormous drills. Are they telling us that Bitcoin miners when contrasted with BIG bores that require fuel and produce more heat then Bitcoin diggers are better for the climate?

utilize reusable energy since it produces more benefit for them in view of power expenses it is practicable to do but the gold and iron miners are not offered an incentive for reusable energy so it will never improve. The drills have huge fuel consumption which you could not replace with batteries. Then think about the spoil which they dump which is cross contamination to the earth. I hate to see btc being known for something it is not and that affects price.

Let this be a lesson that governments and companies do not care about the environment they want to look good and put restrictions on things only when it benefits them.

Dammit just noticed .... Running behind the merit count with fillippone...

damn what am I gonna do? Pee, Food?, Eeeeuhm ...

Naaaah GG @fillippone.

All will be forgiven if Bitcoin hits a new ATH again this year

[philipma1957]

Source : https://twitter.com/BitcoinMagazine/status/1483046971912957952
It is evident today governments have pushed the idea that Bitcoin is obviously awful for the climate when normal mining leaves scars on the earths surface and requires enormous drills. Are they telling us that Bitcoin miners when contrasted with BIG bores that require fuel and produce more heat then Bitcoin diggers are better for the climate?

utilize reusable energy since it produces more benefit for them in view of power expenses it is practicable to do but the gold and iron miners are not offered an incentive for reusable energy so it will never improve. The drills have huge fuel consumption which you could not replace with batteries. Then think about the spoil which they dump which is cross contamination to the earth. I hate to see btc being known for something it is not and that affects price.

Let this be a lesson that governments and companies do not care about the environment they want to look good and put restrictions on things only when it benefits them.

Dammit just noticed .... Running behind the merit count with fillippone...

damn what am I gonna do? Pee, Food?, Eeeeuhm ...

Naaaah GG @fillippone.

All will be forgiven if Bitcoin hits a new ATH again this year

THE SOLAR is what my partners and I do.

Anyone that understands what you are showing knows that all anti BTC info in terms of power wasted is a lie.

Leaved un repaired holes in the ground for more than a century was a huge incentive for coal mining.

instead of that build solar fields with proper incentives if they mine 50% and sell power to the grid 50%

problems solved.

[ChartBuddy]

Explanation

[BobLawblaw]

* BobLawblaw stares at cAPSLOCK, does secret Twitter nod and handshake, and proceeds with his day

EDIT: Anyone hear from Elwar? Noticed his LND channel with me has been down for some time now.

[savetherainforest]

Dammit just noticed .... Running behind the merit count with fillippone...

damn what am I gonna do? Pee, Food?, Eeeeuhm ...

Naaaah GG @fillippone.

U just wait for the flippening... of fillippone and you will see the true nature of reality!!!

[ChartBuddy]

Explanation

[ImThour]

https://twitter.com/Dennis_Porter_/status/1487500861488054273

[El duderino_]

Some peoples situation