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

[buwaytress]

A picture worth understanding and there might be different explanations from word of mouth but those who don't understand the core importance of bitcoin always speak shit about it according to what they perceive:

That's not an accurate picture as no one's holding the... duck.

@Toxic2040 real women. Funny how that phrase actually needs to be said these days.

I've heard the Chinese created tic toc to brainwash and dumb down the western culture. They are succeeding.

Not like anyone from any culture has ever needed help dumbing themselves down. A bit sick now seeing twice in too short a timeframe seeing people in trouble, and when it's all over and you look around thinking everyone's phewing with relief, no, instead, everyone around you's filming. If that's not dumbed down, I'm not sure what is.

[Toxic2040]

A picture worth understanding and there might be different explanations from word of mouth but those who don't understand the core importance of bitcoin always speak shit about it according to what they perceive:

+1 WOsMerit

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-snip-

@Toxic2040 real women. Funny how that phrase actually needs to be said these days.

+1 WOsMerit


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random noise

- You are to yourself what your thoughts are and you are to others what your actions are.

-  If you shuffle a deck of cards, chances are you will have created a combination that has never previously been made.

- There was a longer time between the Stegosaurus and the T-Rex than there is between the T-Rex and us.

- Mars is the only known planet in our solar system solely inhabited by functioning robots.

- If you were given one dollar for every second you were alive, at less than 2 weeks of age you would be a millionaire, and you wouldn’t be a billionaire until you were 31. Because a million seconds is 11 days, but a billion seconds is 31 years.

- The highest recorded temperature in the known universe is about 5.5 trillion Kelvin. It was measured in an LHC experiment. We, humans, living on an insignificant speck of the universe, have somehow managed to beat every known physical phenomenon ever in a display of raw power. The coldest temperature in the known universe was also achieved here on Earth. Magnets were used to bring the temperature to mere billionths of a Kelvin to power the LHC (Large Hadron Collider at CERN).

- If you turn your underwear inside out and put them on, the whole universe is wearing your underwear except for you.
https://www.kickassfacts.com/25-simple-facts-that-will-mess-your-mind/

[JayJuanGee]

$42,000 not bad I guess. Nothing feels like we’re going anywhere other than ranging until we break $46,000 though imo. We’ve been stuck under $46,000 for a long time now, I’d like to see it broken convincingly before I convince myself we’re out of this mini bearish stage.

It's very interesting that with the passage of time, we might be considering something like $46k to $48k to be a kind of BTC price area that is interesting in terms of how long it is going to take to get above such area.. and even symbolically, we have this whole calendar year in which we barely reached into the lower $48ks in the first few days of the year, which also includes the last time that we were at $46k because that was about a drop on January 3.. ... and thereby even a couple of attempts to get back to $46k did not quite make it... so, even if we reach that $46k-ish to $48k-ish price, there may be a need to get above both of them in order to experience a kind of solid "calendar year" ATH.. and as many of us may well realize if we can achieve the conversion of resistance into becoming a kind of floor.. then we may be able to rest assured (with a bit more confidence) that our $32,951 bottom is in.

Not a question of if, but when.. and jesus.. 2.5 months of consolidation (within what seems to be a bull market) should be enough.. that is if any of us are still leaning a bit more towards bull than bear....

not easy to be a bull-leaner in these kinds of times.

not easy to maintain any kind of strong confidence that the market has not yet converted to bear.

not easy to look at all the strange-ass happenings in the world and considering whether BTC prices might not hold up.. and might we end up getting some kind of liquidation event copy-cat that resembles the March 2020 liquidation event... can the world/economy tolerate two of those kinds of liquidation events so close together without going into melt down.  For sure we can recognize and appreciate various macro-economic factors that seem to be holding on a thread of a string... but will our buddy - king daddy fare relatively well in these times?  By the way, the outrageousness of various aspect of US Govt (and the Canadian freezing too) behaviors in recent times, has caused me some contemplations in pulling some of my assets out of some of the monies that are in some of those traditional systems (401k-like investments) because they have a lot of value, and I have quite a lot of confidence that those values are likely to continue to bleed.. but they are also subjected to various kinds of desperation of US Govt to come up with more excuses to steal the value from more and more normies.. just for no reason except that they can and that they are desperate.. Are they going to give the money back to the Ruskies or not?
 
Even if the Ruskies agree to be good boys and girls, to stop lobbing bombs (in the short-term), are the US controlled financial institutions going to give the money back to the ruskies.. how many years might it take??  Such extreme freezing should not have happened in the first place because it both shows the level of desperation of the US Govt but also has a lot of undermining implications, even if the Ruskies might have deserved it... deservingness is not the point... but lots of loss of confidence.. and is there any potentially reasonably place to hide besides bitcoin..? and even with bitcoin there is a need to do it right.. to have some kind of plausible deniability.. separateness, kind of like the olden days stashes of cash under the mattress (but hopefully holds value better) and do any of us have those attributes of bearer-assetness with any of the items within our stashes (our bug-out bags)?

seems like I am devolving into potential stream-of-consciousness off-topicness (I'm doing a cAPSLOCK.. hAHAHAHAHAHA).. will pause for now.  

[ChartBuddy]

Explanation

[vapourminer]

- If you turn your underwear inside out and put them on, the whole universe is wearing your underwear except for you.

as i respect the universe and have no wish to cause it irreparable harm, i now vow never turn my underwear inside out and wear them.

[sirazimuth]

I can't even tell if I'm sporting my underwear inside out...that is unless I check the skid marks...

[ChartBuddy]

Explanation

[vapourminer]

I can't even tell if I'm sporting my underwear inside out...that is unless I check the skid marks...

yours dont go all the way through?

[PhoenixZephyrus]

What's up with Ukraine legalizing crypto after receiving millions in donations in crypto, and then the largest bank in Ukraine suspending money transfers to crypto exchanges?
Ukraine’s Largest Bank Suspends Money Transfers to Crypto Exchanges

Also, I think this is gonna have some impact on the market price in the short-mid term, might make breaking $46,000 difficult in the short term?

[Biodom]

What's up with Ukraine legalizing crypto after receiving millions in donations in crypto, and then the largest bank in Ukraine suspending money transfers to crypto exchanges?
Ukraine’s Largest Bank Suspends Money Transfers to Crypto Exchanges

Also, I think this is gonna have some impact on the market price in the short-mid term, might make breaking $46,000 difficult in the short term?

I guess, they want to use crypto that is coming in, but not allow their fiat (hryvnia?) to be converted to 'hard' currency and taken out, maybe even moved elsewhere thereby probably affecting the course of their currency.
Maybe something temporary; i don't think it matters as far as btc is concerned.

[Toxic2040]

-snipped-

...that is if any of us are still leaning a bit more towards bull than bear....

not easy to be a bull-leaner in these kinds of times.

not easy to maintain any kind of strong confidence that the market has not yet converted to bear.

not easy to look at all the strange-ass happenings in the world and considering whether BTC prices might not hold up.. and might we end up getting some kind of liquidation event copy-cat that resembles the March 2020 liquidation event... can the world/economy tolerate two of those kinds of liquidation events so close together without going into melt down.

its going to be easy said no one ever

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I can't even tell if I'm sporting my underwear inside out...that is unless I check the skid marks...

yours dont go all the way through?

I am just amazed by the fact that after two years of covid you guys are wearing undies at all     its been full commando and a optional weekly change of jammies for months now


---

[ChartBuddy]

Explanation

[Paashaas]

Honduran president Xiomara Castro to announce Bitcoin as legal tender.

Bitcoin to be announced as official legal tender in Honduras, one year after El Salvador adopted Bitcoin, sources say.

While the move would mark the second sovereign state to adopt Bitcoin, Honduran President Xiomara Castro is said to have commented, “we are still early.”

“We must not allow El Salvador to be the only country escaping dollar hegemony,” Castro is said to have said. “Honduras has the right to move toward the First World.”

Castro will make an announcement on Monday morning by “putting on the lasers,” one source said.

More to come as this breaking story unfolds.

[OutOfMemory]

Honduran president Xiomara Castro to announce Bitcoin as legal tender.

Bitcoin to be announced as official legal tender in Honduras, one year after El Salvador adopted Bitcoin, sources say.

While the move would mark the second sovereign state to adopt Bitcoin, Honduran President Xiomara Castro is said to have commented, “we are still early.”

“We must not allow El Salvador to be the only country escaping dollar hegemony,” Castro is said to have said. “Honduras has the right to move toward the First World.”

Castro will make an announcement on Monday morning by “putting on the lasers,” one source said.

More to come as this breaking story unfolds.

Though this week was shitty and stressful AF, this quote finally saved it 
Time to chill out a few days.
#HODL

[Toxic2040]

Honduran president Xiomara Castro to announce Bitcoin as legal tender.

Bitcoin to be announced as official legal tender in Honduras, one year after El Salvador adopted Bitcoin, sources say.

While the move would mark the second sovereign state to adopt Bitcoin, Honduran President Xiomara Castro is said to have commented, “we are still early.”

“We must not allow El Salvador to be the only country escaping dollar hegemony,” Castro is said to have said. “Honduras has the right to move toward the First World.”

Castro will make an announcement on Monday morning by “putting on the lasers,” one source said.

More to come as this breaking story unfolds.

[ChartBuddy]

Explanation

[Krubster]

Honduran president Xiomara Castro to announce Bitcoin as legal tender.

Bitcoin to be announced as official legal tender in Honduras, one year after El Salvador adopted Bitcoin, sources say.

While the move would mark the second sovereign state to adopt Bitcoin, Honduran President Xiomara Castro is said to have commented, “we are still early.”

“We must not allow El Salvador to be the only country escaping dollar hegemony,” Castro is said to have said. “Honduras has the right to move toward the First World.”

Castro will make an announcement on Monday morning by “putting on the lasers,” one source said.

More to come as this breaking story unfolds.

Fuck yeah.

I've also heard about this rumor. Nothing official yet, but it looks promising. Rumor also says Guatemala is considering making bitcoin a legal tender. Interesting times ahead.

Samson Mow recently tweeted this

https://twitter.com/Excellion/status/1504707160315359235?cxt=HHwWhsCr2ZTM5eEpAAAA

https://www.coindesk.com/business/2022/03/01/samson-mow-exits-blockstream-to-focus-on-nation-state-bitcoin-adoption/

[marcus_of_augustus]

Honduran president Xiomara Castro to announce Bitcoin as legal tender.

... don't see anything about this that looks legit.

... unless you consider shitcoin hype-bots repeating pumping news 'official' sauce

... luv to be wrong

[BobLawblaw]

Fair warning: Moving coin onto the exchange in preparation for further ranch buildout funding. Starting to get that loving feeling again...

[ChartBuddy]

Explanation