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

[cAPSLOCK]

I guess it's a good thing that criminals are idiots.

Cobra doesn't agree with this.

Are we seriously to believe the absurd notion that someone capable of hacking 100K BTC stores the private keys in… CLOUD STORAGE?

I'm just surprised how many actually believe that story. How much more ridiculous a story must be for people to laugh at the source and not the silly story that they put out?

I see very few who agree with it.  Everyone thinks there is something fishy about it.

[1714197481]

1714197481

[1714197481]

1714197481

[Moneyprism]

Bitcoin magazine spam my Twitter wall with Russian news and I retweet back on my Twitter wall to improve their spam

...(a great collaboration between the two of us)

NEW Collision symbol Russian city Yurga wants to mine #Bitcoin with local petroleum to create jobs

https://twitter.com/BitcoinMagazine/status/1491375306812567556?cxt=HHwWiMDR1ZP8trIpAAAA

rip russian c-bank

[AlcoHoDL]

Ups, downs, pumps, dumps... A roller coaster of volatility. Or, is it? Could we be looking at it the wrong way? Whenever there's someone worrying about a dip, there's often a comment about "zooming out". It's a valid comment. It's good advice. What many people don't realize, is that zooming out is actually a crude form of averaging. Not in the strict mathematical sense, but this is what it effectively does. Averaging, filtering, smoothing, "seeing the whole picture", or whatever else you want to call it. Part of the averaging is done by the screen rendering algorithm, part of it is done by our brains, but it's still averaging, and it can help us "see the bigger picture".

For a more mathematically rigorous approach, one could take, for example, the BTC/USD 200-Week Moving Average (200WMA) graph, pictured below, together with the BTC/USD spot price, from 2012 until the present day. Notice how smooth it is. There are virtually no purple dots in the spot price graph, meaning that 200WMA has always been monotonically increasing since 2012! Not a single drop in its value, which currently stands just shy of $20,000/BTC. Also, notice that spot price has (almost) never dropped below 200WMA, and, instead, has consistently stayed well above it, exceeding one order of magnitude (10x) in value at times. This means that 200WMA is a tried-and-tested, reliable indicator of a guaranteed minimum price, even in bear seasons when there are deep dips and long sideways actions. This can be seen in both the MtGox-triggered bear season of 2014-1015, as well as the more recent 2017-2019 bear season. In both of these cases, 200WMA just slowed down a bit, but never reversed its monotonically increasing direction. It's never been affected by Elon's tweets, Putin's plans, or China's bans... It just captures the raw trend and filters out the noise. And the trend is clearly UP.

I like graphs like 200WMA. IMHO, this is the type of indicator than truly captures the direction Bitcoin is heading, and this is the indicator one should base his/her decisions on life-changing matters, such as quitting a job, relocating to another country, making a very big purchase, etc. Bitcoin spot price may reach $100k and beyond, but it can also drop to dangerously low levels in the short term, that can invalidate your life-changing plan and turn your status from "fuck-you" to "fucked-up" in no time...

tl;dr: Current "fuck-you" status Bitcoin stash* = 100 BTC

* Based on JJG's $2M entry-level "fuck-you" status, combined with the current 200WMA value of $20k/BTC.


BTC/USD 200-Week Moving Average (200WMA) Indicator



Graph source: https://www.lookintobitcoin.com/charts/200-week-moving-average-heatmap/

[ChartBuddy]

Explanation

[icopress]

Fuck... covid got to my family.

[serveria.com]

Fuck... covid got to my family.

Good thing Covid is not what it used to be... but anyway all the best to your loved ones!

[julian071]

Fuck... covid got to my family.

Good thing Covid is not what it used to be... but anyway all the best to your loved ones!

All the best!!

My GF has Corona again too, for the second time (first time was Alpha, before vaccines were there, she got long covid as a result). Omicron with a couple of shots is a whole other beast luckily, this time she was pretty sick for one day (yesterday), today is already much better.

[Torque]

The Bitfinex thieves (or at least the ones that ended up with the coins):

https://www.justice.gov/opa/pr/two-arrested-alleged-conspiracy-launder-45-billion-stolen-cryptocurrency

[img=100]https://i.imgur.com/F0b5MCB.png[/img]

[img=100]https://pbs.twimg.com/media/FLFvBNuXMAAyztw.jpg[/img]

The most interesting thing to me here is confirmation that the feds are taking an interest in financial criminal activity the crypto/Bitcoin world.

It also shows something else too.

Shitcoiners want to rail on btc for being pseudo anonymous and for transactions being traceable. But it's a feature, not a bug. I guarantee you that if it truly weren't, the governments of the world would have made a concerted effort long ago to declare Bitcoin illegal. In some ways, it is Bitcoin's saving grace in terms of governments and corporations embracing and adopting it.

[lightfoot]

Fuck... covid got to my family.

Sorry to hear that. Hopefully they are vaccinated and thus the impact will be minimal. If not then hopefully the hospitals in your neighborhood are past the peak admissions from January.

[savetherainforest]

Fuck... covid got to my family.

Good thing Covid is not what it used to be... but anyway all the best to your loved ones!

They will be fine.    

Just give them crushed dried orange peals, like 5 grams per day, but not all at once. Like split it in two, and put like 2.5 grams of the powder in 300 ml of water (make sure is some good water, something with low parts per million particles or some mineral). Also before doing that crush like 500mg of vitamin C (ascorbic acid), and also add some 50 < > 200 mg of magnesium carbonate. And for kids I recommend you do combined with orange juice. Disclaimer: DO NOT BUY PESTICIDE TREATED fruit.

[NeuroticFish]

Fuck... covid got to my family.

Woah. Best of luck then, I wish it's Omicron, I wish you and your family the easy version with small or no symptoms.
I'm telling you because me and my whole family had it and we didn't feel it more like a winter cold (and I know it was COVID since we got tested).

[icopress]

Sorry to hear that. Hopefully they are vaccinated and thus the impact will be minimal. If not then hopefully the hospitals in your neighborhood are past the peak admissions from January.

Yes, but I’m not vaccinated, because until now it seemed to me that this was just a convention ...

As a heavy smoker, I have severe shortness of breath in the mornings and evenings .... so for the most part I worry that my already deplorable lung condition will get worse (although I have not yet taken a test). No matter how stupid it may sound, my subconscious will feel better if it does not know about the diagnosis and will position the current state as a common cold, (although I admit I feel inner anxiety).

[NeuroticFish]

Yes, but I’m not vaccinated, because until now it seemed to me that this was just a convention ...

As a heavy smoker, I have severe shortness of breath in the mornings and evenings .... so for the most part I worry that my already deplorable lung condition will get worse (although I have not yet taken a test). No matter how stupid it may sound, my subconscious will feel better if it does not know about the diagnosis and will position the current state as a common cold, (although I admit I feel inner anxiety).

I hope that this will help, at least with the anxiety part: most of my family is not vaccinated and the symptoms were easy.
So keep staying optimistic, drink a lot of tea/infusion, sleep as much as you can.
Our doc told us take Aspenter (gastro-resistant aspirin) once/day, 14 days (for the adults) and that was it all. But we didn't even got a fever off this, just a lot of coughing.
The difference is though that we don't smoke...

Good luck!

[OutOfMemory]

Fuck... covid got to my family.

Good thing Covid is not what it used to be... but anyway all the best to your loved ones!

All the best!!

My GF has Corona again too, for the second time (first time was Alpha, before vaccines were there, she got long covid as a result). Omicron with a couple of shots is a whole other beast luckily, this time she was pretty sick for one day (yesterday), today is already much better.

I can't remember if i pointed you to this before, but for all Long Covid sufferers, check out this:

https://www.frontiersin.org/articles/10.3389/fmed.2021.754667/full

It's in clinical trial phase at the moment, but has the potential to fully reverse ME/CFS and Long Covid.

Yes, but I’m not vaccinated, because until now it seemed to me that this was just a convention ...

As a heavy smoker, I have severe shortness of breath in the mornings and evenings .... so for the most part I worry that my already deplorable lung condition will get worse (although I have not yet taken a test). No matter how stupid it may sound, my subconscious will feel better if it does not know about the diagnosis and will position the current state as a common cold, (although I admit I feel inner anxiety).

I hope that this will help, at least with the anxiety part: most of my family is not vaccinated and the symptoms were easy.
So keep staying optimistic, drink a lot of tea/infusion, sleep as much as you can.
Our doc told us take Aspenter (gastro-resistant aspirin) once/day, 14 days (for the adults) and that was it all. But we didn't even got a fever off this, just a lot of coughing.
The difference is though that we don't smoke...

Good luck!

I still got eyeball pain and less sharp eyesight, i hope it will vanish soon, but my active infection was only a few days back.
Some things i still can't smell/taste right. Coconut oil tastes like water, my wife's breath in the morning smells like plastic. I wouldn't be too annoyed if the latter would become permanent  

EDIT: And my english seems a little worse than before, too. Edited some errors...

EDIT2: Referenced the wrong reply, corrected that too...

[ChartBuddy]

Explanation

[macson]

Fuck... covid got to my family.

sad to hear this... hope your family get recovey quickly, so all of your family can carry out activities as usual.

[ChartBuddy]

Explanation

[strawbs]

There's the making of a haiku in there....

[shahzadafzal]

Fuck... covid got to my family.

Nothing to worry if you are healthy and normal, there’s really nothing to be worried.

Personal experience and that includes omicron and early variations too.

[AlcoHoDL]

Fuck... covid got to my family.

As others have said, just take it slow and easy, rest, stay hydrated, monitor your temps and oxygen levels, and wait it out. As for medicine and things to take, I don't really know what works and what doesn't. I'd say, eat normally and healthily, if you can, and drink plenty of water.

I hope all the infected in your family get well soon.