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

[Hueristic]

I just googled it. A single patty big mac exists. They just named it the mac jr. instead of the small mac. Disappointed by this new information, I am off to bed. GN WO

Ah, but a Small Mac would be just like a Big Mac, just smaller.

I think "Small Mac" is a cute name but bad marketing.  I think you could call it just the "Mac".

Although I can't STAND what McD's tries to pass off for "food".  Almost any fast food is better.  Including BK (also nasty).  Actually, if you are ever in Texas, you might try "Whataburger" which I think is one of the better garbage food joints.

This professional pic looks a *little* nicer than the real thing... but this is basically it:

I quite like McDonald's if I'm being honest.
Over here they are releasing a Chicken Big Mac tomorrow I believe that will be on their menu for a few weeks.

I will try it.
Recently I tried the McPlant and I understand what they are trying to do. It's about ok I would say.

But sure, McDonald's is probably not the best of foods even within the fast food space. At least it's cheap though.
Sometimes I don't feel too good after eating McDonalds the evening before.

I've actually never liked Burger King. Over the years I noticed their hygiene just is never as good as McDonalds.
I think KFC can be even worse and probably the only ones I would call nasty. I guess because if you don't cook Chicken well it is more apparent than beef.

I think Five Guys has far, far better tasting burgers than almost all of the other outlets here if I'm being more objective.
An all the way without mushrooms for me.
But Five Guys' fries do suck I would say. I usually don't bother with them as a big burger all the way from them is more than enough for me. Something stupid like 800-900 calories I believe.

 Oh yeah!  5 Guys all the way!  Prices are steep but I don't think you can get a better burger in 10 minutes.

http://bobbysburgerpalace.com/

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[1714306037]

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[1714306037]

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[xhomerx10]

What's this place coming to?

It used to be filled with pix of fine seafood, filet mignon, fois gras, and fancy drinks. I'd come away hungry.

Now it's full of disgusting franchise burgers... enough to kill your appetite.

Let's get rid of this loser McD/ramen mentality and regain our composure as Bitcoin elite.

 ...but bitcoin is barely over $38k!  We're still poor.

[xhomerx10]

I just googled it. A single patty big mac exists. They just named it the mac jr. instead of the small mac. Disappointed by this new information, I am off to bed. GN WO

Ah, but a Small Mac would be just like a Big Mac, just smaller.

I think "Small Mac" is a cute name but bad marketing.  I think you could call it just the "Mac".

Although I can't STAND what McD's tries to pass off for "food".  Almost any fast food is better.  Including BK (also nasty).  Actually, if you are ever in Texas, you might try "Whataburger" which I think is one of the better garbage food joints.

This professional pic looks a *little* nicer than the real thing... but this is basically it:

I quite like McDonald's if I'm being honest.
Over here they are releasing a Chicken Big Mac tomorrow I believe that will be on their menu for a few weeks.

I will try it.
Recently I tried the McPlant and I understand what they are trying to do. It's about ok I would say.

But sure, McDonald's is probably not the best of foods even within the fast food space. At least it's cheap though.
Sometimes I don't feel too good after eating McDonalds the evening before.

I've actually never liked Burger King. Over the years I noticed their hygiene just is never as good as McDonalds.
I think KFC can be even worse and probably the only ones I would call nasty. I guess because if you don't cook Chicken well it is more apparent than beef.

I think Five Guys has far, far better tasting burgers than almost all of the other outlets here if I'm being more objective.
An all the way without mushrooms for me.
But Five Guys' fries do suck I would say. I usually don't bother with them as a big burger all the way from them is more than enough for me. Something stupid like 800-900 calories I believe.

 Oh yeah!  5 Guys all the way!  Prices are steep but I don't think you can get a better burger in 10 minutes.

http://bobbysburgerpalace.com/

 Looks good bu I don't think I could get on the list to get in to a fancy place like that!

edit: Wow!  The prices are quite reasonable too.

[ChartBuddy]

Explanation

[Hueristic]

 Looks good bu I don't think I could get on the list to get in to a fancy place like that!

edit: Wow!  The prices are quite reasonable too.

Literally the best.

[eXPHorizon]

I already know what they are going to say to this

[ChartBuddy]

Explanation

[d_eddie]

Will Clemente gets it.

Think there's a fair likelihood that the Fed has been raising monetary tightening expectations so that markets can rally on "less hawkishness" even though the Fed is still marginally raising rates.

https://twitter.com/WClementeIII/status/1488647456573296640

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[STT]

Will Clemente gets it.

Think there's a fair likelihood that the Fed has been raising monetary tightening expectations so that markets can rally on "less hawkishness" even though the Fed is still marginally raising rates.

https://twitter.com/WClementeIII/status/1488647456573296640

Thats not even really a theory, its exactly what they are doing herding sheep.   The sheepdog never attacks just threatens in its posture and the flock moves towards the position wanted.   The base line is they cannot raise rates properly to be above inflation, reason being there is far too much debt issued and ongoing deficits.  Keynes own theory was a surplus must be run also, this never happens.

  The QE all needs to be reversed but it never can be, I think Ben Bernanke already said as much; this is permanent dilution and loss to all Dollar holders.   Its a travesty of capitalism and yet I hear people complain we have pure capitalism and poverty exists purely through the greed of the rich; I suddenly understand better how Venezuela (or similar) became enticed into its current situation while sitting on the worlds largest oil reserves.

[d_eddie]

Will Clemente gets it.

Think there's a fair likelihood that the Fed has been raising monetary tightening expectations so that markets can rally on "less hawkishness" even though the Fed is still marginally raising rates.

https://twitter.com/WClementeIII/status/1488647456573296640

Thats not even really a theory, its exactly what they are doing herding sheep.   The sheepdog never attacks just threatens in its posture and the flock moves towards the position wanted.   The base line is they cannot raise rates properly to be above inflation, reason being there is far too much debt issued and ongoing deficits.  Keynes own theory was a surplus must be run also, this never happens.

What you can't reach by deed, you could reach by jawboning.

[ChartBuddy]

Explanation

[philipma1957]

So...  The really edgy thing would for bitcoin just to waltz through this trend line sideways just to piss everyone off at once.  But of course it is more likely to go up... or down.

1D below...

I am glad that you came to your senses by the time you got to the end of your statement about king daddy

King daddy no does not do sideways very gracefully, unless it does... so even if you were hedging not to presume sideways, it remains dangerous to presume sideways that might or might not end up happening....

....if that means anything to uie pooie?    






 

Perhaps the paper hands who sold twice in the last year at a loss are starting to feel again the urge to FOMO back in. "Third time is a charm" they say. As the train is leaving the station, the peeps waiting for <30K are scratching their heads. "What if this was the bottom and the thrain never returns to this station again?" - this thought is haunting their minds. (Biting nails and resisting the urge to buy higher than the sold price. Calculating the missed profits day after day. Until one day the FOMO urge is so strong that they succumb to the temptation and press the buy button. Usually this happens after several months of new ATHs. And the buy trade is made just a few hours before the next correction starts, which brings the FUD again and the next registered 30%+ sell loss is the final result.) This is the short story how some get poor by trading, because they are led by their love for fiat and lack of understanding for Bitcoin.  

Exactly! Very few understand that the old 4 year old cycle/pattern is dead. We are on the verge of something entirely new. Yearly cycles? Biannual cycles? No cycles? One huge BTC vs hyperinflation wave? Who knows...  

Even though it appears that the 4-year cycle is under stress and perhaps even broken.. I would not be so quick as to completely throw it out.. even though likely there had been normies who had been putting too much credence into the idea that king daddy was on some kind of a specific schedule.

Interesting.. and yeah?  Can anything be done about it?  These may well have been some sophisticated players.. presuming that the same groups got the 119k coins.. there are a lot more of those presumably stolen bitfinex coins that could get moved.

yes but at great cost to BTC's integrity.

You seem to be buying into negative presumptions in order to denigrate bitcoin.. with your "great costs" language.. and your moralizing with your chosen word: "integrity".

Over bitcoin's life, we have had quite a few exchange hacks and exit scams in bitcoinlandia.. so surely there are likely "lessons to be learned" from a variety of incidents that have happened over the years, and surely some of the earlier cases were likely pure sloppiness in which some of the ways of operating within bitcoin have become quite a bit more professional in several ways, and at the same time, I consider it problematic to be narrowing in on a moralizing framework in regards how you believe that bitcoin might be lacking because it seems quite difficult  (if not impossible) to catch the bad guys.  So what would you like to argue?  Better tools to catch bad guys?  

Bitcoin does not stop attempts to develop better tools to attempt to catch bad guys, and of course, frequently the powers that be, the mainstream media, the bitcoin naysayers, the no coiners, the shitcoin pumpers and even some other classes of individuals/institutions will end up exaggerating aspects of the supposed problem such as suggesting that bitcoin is the problem, but seems to me that you should know better than playing into those kinds of moral denigrations of bitcoin phillip..

There is a lot going on in bitcoinlandia, including that there may well be some bad guys that are able to stay ahead of law enforcement and to get away with keeping that value that they stole.. .are the bad guys going to make mistakes that contribute to getting caught?  I don't know.  

Do I know about the various tools that are used by law enforcement?  I don't know that either because I don't have too many clues about how I would attempt to get away with a crime if I were to want to commit a crime.. while at the same time, I do try to learn aspects of trying to keep my bitcoins private and secure, and I am not even sure if there might not be ways that I am vulnerable or perhaps some better ways to achieve my objectives while attempting to maintain some kind of balance with skills that I have been attempting to learn over the past 8 years...

No one said that it is easy to hold your own coins, but I would hate to speak to the dialogue that bitcoin is lacking in moral integrity also...l because I believe that bitcoin provides way more good than harm, even if some bad guys are finding ways to make a living from various kinds of vulnerabilities that exist.. whether it is getting into exchanges or other ways of moving around value without getting caught/identified.

The simplest way is freeze them.

If they are frozen it would cost btc integrity bigly.

[JayJuanGee]

Interesting.. and yeah?  Can anything be done about it?  These may well have been some sophisticated players.. presuming that the same groups got the 119k coins.. there are a lot more of those presumably stolen bitfinex coins that could get moved.

yes but at great cost to BTC's integrity.

You seem to be buying into negative presumptions in order to denigrate bitcoin.. with your "great costs" language.. and your moralizing with your chosen word: "integrity".

Over bitcoin's life, we have had quite a few exchange hacks and exit scams in bitcoinlandia.. so surely there are likely "lessons to be learned" from a variety of incidents that have happened over the years, and surely some of the earlier cases were likely pure sloppiness in which some of the ways of operating within bitcoin have become quite a bit more professional in several ways, and at the same time, I consider it problematic to be narrowing in on a moralizing framework in regards how you believe that bitcoin might be lacking because it seems quite difficult  (if not impossible) to catch the bad guys.  So what would you like to argue?  Better tools to catch bad guys?  

Bitcoin does not stop attempts to develop better tools to attempt to catch bad guys, and of course, frequently the powers that be, the mainstream media, the bitcoin naysayers, the no coiners, the shitcoin pumpers and even some other classes of individuals/institutions will end up exaggerating aspects of the supposed problem such as suggesting that bitcoin is the problem, but seems to me that you should know better than playing into those kinds of moral denigrations of bitcoin phillip..

There is a lot going on in bitcoinlandia, including that there may well be some bad guys that are able to stay ahead of law enforcement and to get away with keeping that value that they stole.. .are the bad guys going to make mistakes that contribute to getting caught?  I don't know.  

Do I know about the various tools that are used by law enforcement?  I don't know that either because I don't have too many clues about how I would attempt to get away with a crime if I were to want to commit a crime.. while at the same time, I do try to learn aspects of trying to keep my bitcoins private and secure, and I am not even sure if there might not be ways that I am vulnerable or perhaps some better ways to achieve my objectives while attempting to maintain some kind of balance with skills that I have been attempting to learn over the past 8 years...

No one said that it is easy to hold your own coins, but I would hate to speak to the dialogue that bitcoin is lacking in moral integrity also...l because I believe that bitcoin provides way more good than harm, even if some bad guys are finding ways to make a living from various kinds of vulnerabilities that exist.. whether it is getting into exchanges or other ways of moving around value without getting caught/identified.

The simplest way is freeze them.

If they are frozen it would cost btc integrity bigly.

I doubt that bitcoin is going to reach consensus regarding the freezing of any coins.. unless there were some major security issue, which these kinds of cases (of stolen bitcoins - even if in the several millions) does not establish any such major security issue or any other reason that would likely inspire consensus...

For sure, anyone is free to create a BIP to argue for such, and to see if they are able to achieve consensus.. and it seems that you have about a snowball's chance in hell of getting consensus.. one of the ways that bitcoin is distinguished from the vast majority of shitcoins, including but not limited to ethereum.

[ChartBuddy]

Explanation

[jojo69]

[savetherainforest]

Beautiful Out of Your Ass TA
Confirmed



Confirmed!

Found this gem in the past !! .. And it is relevant in the future!!! ROFL!

[philipma1957]

Interesting.. and yeah?  Can anything be done about it?  These may well have been some sophisticated players.. presuming that the same groups got the 119k coins.. there are a lot more of those presumably stolen bitfinex coins that could get moved.

yes but at great cost to BTC's integrity.

You seem to be buying into negative presumptions in order to denigrate bitcoin.. with your "great costs" language.. and your moralizing with your chosen word: "integrity".

Over bitcoin's life, we have had quite a few exchange hacks and exit scams in bitcoinlandia.. so surely there are likely "lessons to be learned" from a variety of incidents that have happened over the years, and surely some of the earlier cases were likely pure sloppiness in which some of the ways of operating within bitcoin have become quite a bit more professional in several ways, and at the same time, I consider it problematic to be narrowing in on a moralizing framework in regards how you believe that bitcoin might be lacking because it seems quite difficult  (if not impossible) to catch the bad guys.  So what would you like to argue?  Better tools to catch bad guys?  

Bitcoin does not stop attempts to develop better tools to attempt to catch bad guys, and of course, frequently the powers that be, the mainstream media, the bitcoin naysayers, the no coiners, the shitcoin pumpers and even some other classes of individuals/institutions will end up exaggerating aspects of the supposed problem such as suggesting that bitcoin is the problem, but seems to me that you should know better than playing into those kinds of moral denigrations of bitcoin phillip..

There is a lot going on in bitcoinlandia, including that there may well be some bad guys that are able to stay ahead of law enforcement and to get away with keeping that value that they stole.. .are the bad guys going to make mistakes that contribute to getting caught?  I don't know.  

Do I know about the various tools that are used by law enforcement?  I don't know that either because I don't have too many clues about how I would attempt to get away with a crime if I were to want to commit a crime.. while at the same time, I do try to learn aspects of trying to keep my bitcoins private and secure, and I am not even sure if there might not be ways that I am vulnerable or perhaps some better ways to achieve my objectives while attempting to maintain some kind of balance with skills that I have been attempting to learn over the past 8 years...

No one said that it is easy to hold your own coins, but I would hate to speak to the dialogue that bitcoin is lacking in moral integrity also...l because I believe that bitcoin provides way more good than harm, even if some bad guys are finding ways to make a living from various kinds of vulnerabilities that exist.. whether it is getting into exchanges or other ways of moving around value without getting caught/identified.

The simplest way is freeze them.

If they are frozen it would cost btc integrity bigly.

I doubt that bitcoin is going to reach consensus regarding the freezing of any coins.. unless there were some major security issue, which these kinds of cases (of stolen bitcoins - even if in the several millions) does not establish any such major security issue or any other reason that would likely inspire consensus...

For sure, anyone is free to create a BIP to argue for such, and to see if they are able to achieve consensus.. and it seems that you have about a snowball's chance in hell of getting consensus.. one of the ways that bitcoin is distinguished from the vast majority of shitcoins, including but not limited to ethereum.

which is why I said it would be at a great cost . and that btc integrity would suffer greatly.

frankly the most likely test case would not be a simple rip off of an exchange but forcing stale old coins to be moved or frozen. which would likely be   a big deal until at least until 2058 or 2059.

[ChartBuddy]

Explanation