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

[ivomm]

I've just bought some corn. Thanks for the discount weak hands!

[1714154660]

1714154660

[1714154660]

1714154660

[1714154660]

1714154660

[1714154660]

1714154660

[1714154660]

1714154660

[JayJuanGee]

I've just bought some corn. Thanks for the discount weak hands!

You did not get it from me...


 


hahahaha

[Biodom]

@jjg...of course I am not happy, considering everything else, duh!
In this situation, popping to 50-53K would be within possibility, but not necessarily the most probable scenario.
You are right about 46 as it represents roughly 50% recovery (not a fib per se, but closely followed by the TA people).

[JayJuanGee]

@jjg...of course I am not happy, considering everything else, duh!
In this situation, popping to 50-53K would be within possibility.
You are right about 46 as it represents roughly 50% recovery (not a fib per se, but closely followed by the TA people).

I am just mad at you for your proclaiming some of the BTC price prediction ideas with such cock-suredness.. a couple of months ago.. .. .. but whatever, I don't hold grudges.. too much even though I have been mad at you for about two months.. .

hahahahaha

but it is not like my being mad at you started two months ago, either.

By the way, I just did a quickie look at the 200-week moving average.. and currently, it looks like it is going up about $10 per day.... hey $10 per day.. that's not bad.. remember when bitcoin was in the $250s?  $10 per day would be like 4% per day which would result in more than 100% per month (well 100% in 25 days)... cannot really complain about that... relatively speaking.

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

[ChartBuddy]

Explanation

[AlcoHoDL]

CDBCs vs Bitcoin is a very interesting discussion to have.  There are pros and cons to both.  And to different sorts of users.

[...]

Pros and cons to both..

fuck that nonsense...

[...]

You are, as you tend to do, inferring things I do not mean.

[...]

Well, don't say it then.

[...]

Jay, cAPSLOCK does not like CDBCs, he's just being realistic...

[AlcoHoDL]

Does Putin give you boys a pat on the head while your sucking him off?

You're confusing them with someone important. It's just a job, and with  the ruble being what it is now, the pressure is on to post more.

What's interesting is that, if you talk to them, you'll find that, deep down, many conspiracy theorists actually want WW3 to happen, they crave for all those bad things they talk about to actually come true. It's like proving to themselves that they're right -- feeding their ego and self-righteousness is more important to them than averting a disaster, pandemic or war. I think there is a psychiatric term for their condition. I'm not talking about the paid ones, for them it's just a job...

[AlcoHoDL]

Amateur.

Get on my level.

What a sexy pepper! Fits nicely with the recent Bitcoin push-pull price action. Ouch!

[somac.]

So the Barts are back. These manipulators can only come out when buy and sell volumes are low. So I figure that the only buyers now are us LTH DCA types, and we aren't selling ever, so we need some other buyer demand to come in before we see the Barts disappear I reckon.

The good news regarding the Barts is that they only happen near the lows, so downside risk is minimal for the medium term I reckon.

Anyway, these prices are fine by me as I am happy to DCA for another year at least.

[JayJuanGee]

CDBCs vs Bitcoin is a very interesting discussion to have.  There are pros and cons to both.  And to different sorts of users.

Pros and cons to both..

fuck that nonsense...

[...]

You are, as you tend to do, inferring things I do not mean.

Well, don't say it then.

[...]

Jay, cAPSLOCK does not like CDBCs, he's just being realistic...

Sure.. I can appreciate that... but it seems that CBDCs should be treated like a shitcoin as far as this thread is concerned... .. at least that is my tentative position.. no hard feelings against anyone who sounds like they are pumping that nonsense (even though strictly they would not be pumping them) but I doubt that it really serves us to be giving ammunition to trolls to get us devolving into that topic.. even though surely cAPSLOCK is not a troll.. .. but it seems that sometimes from maybe my narrow and stubborn perspective, it can become a bit distracting to be exploring all of those various fringe theories about this might happen, and that might happen and blah blah blah.. and fuck that... let's address them when they happen... that is if they happen..

Remember Stolfi used to talk about all of the various what ifs in relation to bitcoin.. and yeah.. the what ifs might happen.. and yeah he was technically correct that they might happen even while he largely continued to distract us and divert us from more important discussions, and from my perspective all of these negative potential scenarios are not really a great thing to be talking about here..unless there is some kind of direct connection to bitcoin..  at least not from my perspective and without some kind of concrete connection to what is actually happening rather than what might happen and laying out all the base cases why people consider CBDCs to be wonderful blah blah blah.. .. including that bitcoin is obviously preferable to that crap...

just like many of us could be making the case that various shitcoins can provide all kinds of benefits and liquidity for people to move their value around when they are potentially targeted by governments and when bitcoin might not work and blah blah blah, but we do not talk about those kinds of potentialities here... even if they might be happening... at least not mostly because those are slippery-slope devolution topics.. at least from my perspective... not even anything personally directed towards cAPSLOCK.. and yeah.. let's play it by ear if some members want to bring that crap up and how they choose to bring it up and they can do what they like, and they will likely get some backlash from some of us... but yeah.. maybe they will prevail and we will be talking about all the various CBDCs and how they can be used.. blah blah blah.. . especially if it goes too far down the road towards distracting speculation about stuff that may or may not happen.. .

[AlcoHoDL]

CDBCs vs Bitcoin is a very interesting discussion to have.  There are pros and cons to both.  And to different sorts of users.

Pros and cons to both..

fuck that nonsense...

[...]

You are, as you tend to do, inferring things I do not mean.

Well, don't say it then.

[...]

Jay, cAPSLOCK does not like CDBCs, he's just being realistic...

Sure.. I can appreciate that... but it seems that CBDCs should be treated like a shitcoin as far as this thread is concerned... .. at least that is my tentative position.. no hard feelings against anyone who sounds like they are pumping that nonsense (even though strictly they would not be pumping them) but I doubt that it really serves us to be giving ammunition to trolls to get us devolving into that topic.. even though surely cAPSLOCK is not a troll.. .. but it seems that sometimes from maybe my narrow and stubborn perspective, it can become a bit distracting to be exploring all of those various fringe theories about this might happen, and that might happen and blah blah blah.. and fuck that... let's address them when they happen... that is if they happen..

Remember Stolfi used to talk about all of the various what ifs in relation to bitcoin.. and yeah.. the what ifs might happen.. and yeah he was technically correct that they might happen even while he largely continued to distract us and divert us from more important discussions, and from my perspective all of these negative potential scenarios are not really a great thing to be talking about here..unless there is some kind of direct connection to bitcoin..  at least not from my perspective and without some kind of concrete connection to what is actually happening rather than what might happen and laying out all the base cases why people consider CBDCs to be wonderful blah blah blah.. .. including that bitcoin is obviously preferable to that crap...

just like many of us could be making the case that various shitcoins can provide all kinds of benefits and liquidity for people to move their value around when they are potentially targeted by governments and when bitcoin might not work and blah blah blah, but we do not talk about those kinds of potentialities here... even if they might be happening... at least not mostly because those are slippery-slope devolution topics.. at least from my perspective... not even anything personally directed towards cAPSLOCK.. and yeah.. let's play it by ear if some members want to bring that crap up and how they choose to bring it up and they can do what they like, and they will likely get some backlash from some of us... but yeah.. maybe they will prevail and we will be talking about all the various CBDCs and how they can be used.. blah blah blah.. . especially if it goes too far down the road towards distracting speculation about stuff that may or may not happen.. .

I see and appreciate your points, and I hate CBDCs too, but me or you hating them does not make them go away. I think knowing your enemy and being prepared for what may be coming is better than being dismissive and closing your eyes.

I think we're on the same page here.

[ChartBuddy]

Explanation

[JayJuanGee]

So the Barts are back. These manipulators can only come out when buy and sell volumes are low. So I figure that the only buyers now are us LTH DCA types, and we aren't selling ever, so we need some other buyer demand to come in before we see the Barts disappear I reckon.

Some of that is probably coming from the paper bitcoins.. who knows how long they are going to be successful.. sure a lot of us look forward to some day that they might end up getting reckt as fuck.. and we likely realize how that happens when they do not have bitcoin that they claim that they have.

Or they are betting on the bitcoin price without having actual bitcoin and never had it.. .. we know there are more and more vehicles for that.. but we still do not know how successful they are going to be in this ongoing battle. .. that involves the greatest wealth transfer in history.. if it works out as it seems likely to.

The good news regarding the Barts is that they only happen near the lows, so downside risk is minimal for the medium term I reckon.

Anyway, these prices are fine by me as I am happy to DCA for another year at least.

Fair enough.. if you get lemons.. make lemonade.. 

[edited out]

I see and appreciate your points, and I hate CBDCs too, but me or you hating them does not make them go away. I think knowing your enemy and being prepared for what may be coming is better than being dismissive and closing your eyes.

I think we're on the same page here.

Let's see how it goes.  I doubt that I am blind to them.. or even from considering the various points that cAPSLOCK highlighted but I doubt I am going to be too excited when or if those various points are being spun here.. or if any member comes out with statements that there are "pros and cons to each" - whether coming from a long time member or a newbie.. so largely it seems to me that I was attempting to respond to the topic.. and not so much regarding which member raised it.. If you had raised it, I would have likely responded in the same way.. so I doubt that it matters so much who the member was who raised the overview statement of the "pros and cons to each" framing of the matter...

I have largely already made my points.. .. and we do not all have to agree anyhow.. largely this thread remains cleared from a lot of shitcoin talk and trolling because regular members do not give much leeway to topics that likely are going to devolve into what might start to seem like pure bitcoin bashing rather than attempting to consider where bitcoin actually fits into the overall game theory calculations that various governments are going to be making.. china being one of the prominent ones currently, but yeah likely a whole hell of a lot of governments are considering these kinds of creations..... but surely we cannot really stop if members want to persist with certain topics like that.. or even to play the devils advocate and argue the supposed pros including how the segments of the public are going to love them.. and yeah, segments of the public are going to be lulled into all kinds of bullshit.. but we should not be allowing the goofballs to frame our discussions here.. just like we don't let the shitcoiners frame our considerations of all the supposed deficiencies in bitcoin.. as they have been attempting to do as long as I have been participating here (sometimes worse than others... and by the way, we might be seeing the gold bugs coming out the woodwork too.. )...

[OutOfMemory]

Bill Gates: "I'm not bullish on Bitcoin"

https://twitter.com/BitcoinMagazine/status/1501667762552324099

WO-gang: We don't f*ck**ng care

Translation: Bill Gates wants to buy more Bitcoin on the cheap.

Todays goal: Feel good.
Progress: Merely able to open my eyes.

EDIT: Hooray! Hit my sub $40k buy target. Feeling 10% closer to my goal now.  

So the Barts are back. These manipulators can only come out when buy and sell volumes are low. So I figure that the only buyers now are us LTH DCA types, and we aren't selling ever, so we need some other buyer demand to come in before we see the Barts disappear I reckon.

The good news regarding the Barts is that they only happen near the lows, so downside risk is minimal for the medium term I reckon.

Anyway, these prices are fine by me as I am happy to DCA for another year at least.

That's the reason i called the Bart out to d_eddie yesterday and set my orders accordingly. Low volume.

For the time being, it looks like "Buy the rumor".

Followed by "Bart in the news"? 

[savetherainforest]

As far as burning Satoshi's coins, the topic is highly controversial, as such it'll most definitely cause a fork. It's best to leave such things in incompetent hands of Faketoshi. Let him fork the chain once again unlocking Satoshis coins to himself. That should be his last battle after which he'll become a footnote in bitcoins history.

All bitcoins that are not moved for a certain period of time (20, 50, or 100 years) should be presumed lost and then recycled through the usual mining process. I'm not sure if that can be achieved through a soft fork.

If you try to hack a block, you need to hack the next block as well and the next one. And the only situation that this will work is if it is only done by a miner that has a 50%+1 dominance in mining capacity. Maybe a pool.    



Btw... found this gem from the past. PREPARE YOUR CHOPPAS!!

[ChartBuddy]

Explanation

[savetherainforest]

Ridiculous.

https://www.youtube.com/watch?v=HaWT27ivzHI

[ChartBuddy]

Explanation

[BitcoinBunny]

Ridiculous.

https://www.youtube.com/watch?v=HaWT27ivzHI

It's ok, the noble and humble regimes of the middle east have come to the rescue with regards to oil.

Out of the frying pan and into the fire? Or out of the fire and back into the frying pan?

And why the F did BTC drop again?

 

[modrobert]

Fuck CBDCs and the pumping of them... especially in this thread.

CBDCs should be treated like a shitcoin as far as this thread is concerned...

I think CBDCs are worse than the majority of shitcoins regarding fungibility, dystopian control by design, so what would be a proper name for this?

govcoin (Bad suggestion, people might confuse "gov" with something positive.)
1984coin (Not shitty enough, and confuse illiterate.)
pedocoin (Seems to be a common disorder among those in power truly benefiting from such coin.)

****coin

Help me fill out the "****" here, need a catchy one.