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

[El duderino_]

[1714103449]

1714103449

[NoorulHuda]

Where we at WO’s

First right = merit worthy

Exact name of the place.

Rosarito Beach, Mexico

[ChartBuddy]

Explanation

[NoorulHuda]

BTC has completed an ascending triangle and the target of the current breakdown is $55k.

The price also ran into resistance from the 200 DMA at $48k. When this milestone was taken last year, bitcoin updated its price high.
But it was not an easy walk. DYOR

[JayJuanGee]

How many WO’s are involved in this documentary?



From tomorrow on Netflix.

When Jay saw that post he must have thought "wtf is this crypto shit they are talking about?"....

The subtitle is not very inspiring, for sure.

[Paashaas]

https://twitter.com/BTC_Archive/status/1508810202170200076

[Tash]

Joker and retard of the day: Ripple Co-Founder wants to change the Bitcoin code

Chirs Larsen along with climate activist group, Greenpeace and others are launching a “Change the Code, Not the Climate” campaign, per reports. This crusade is designed to push the Bitcoin community to alter the power-intensive means through which transactions are carried- which is already as much as Sweden. Larsen stated that Bitcoin power consumption in five years will be equivalent to Japan’s.

I don't know why people make the power consumption argument tbh. Sure, bitcoin does consume a lot of power, but so do let's say Christmas lights? Christmas lights aren't that necessary, so we should what, ban them all??

What else would you expect from a scam artist.
You would have to ban all free time regular activity that consumes power. If my hobby is Bitcoin mining so be it, if its tractor sled pulling, drag racing, building a marble machine or what other crazy thing you can think of, it's my money and time.
And every 4 years some miners drop out anyway.

5 Billion dollar yachts must be ok i guess
https://www.atlasmarinesystems.com/most-expensive-yachts/

[cAPSLOCK]

The more I read about Hal the more I believe he’s Satoshi.

Indeed, he is Satoshi. I have read so much about Hal and no one else understood Bitcoin like he did.

The only part of this theory that does not make sense is the fact that Satoshi and Hal seemed to disagree a little about core issues.  Scaling for example.  Hal foresaw the way we ARE scaling with L2s as banks basically.  He also foresaw the need to keep blocks small while Satoshi was still talking about nodes centralizing leaving the door open for the BSV freaks.

That said, Hal certainly could have been having both sides of that argument as a form of opsec.

But there's no doubt Hal is at the very top of the list of possible Satoshis...

[savetherainforest]

https://twitter.com/BTC_Archive/status/1508810202170200076

Good. People learned and drawing their satoshi out of the exchanges.    

[serveria.com]

https://twitter.com/BTC_Archive/status/1508810202170200076

Good. People learned and drawing their satoshi out of the exchanges.    

I guess you have missed the point completely. 

[ChartBuddy]

Explanation

[savetherainforest]

https://twitter.com/BTC_Archive/status/1508810202170200076

Good. People learned and drawing their satoshi out of the exchanges.    

I guess you have missed the point completely.  

You wish to sound and feel smart. But you are dumb AF! Go do some more cocaine, it will give ya more powahhh!!



Maybe miners stop selling, and they hoarding. Maybe regular people decided to get out of exchanges. Maybe a big investor bought lots of coins and pulled them out.

Who cares anymore!.. IT IS GOOD THAT NO ONE IS SELLING ! Or if they are, they are not doing it on the exchanges.    

[OutOfMemory]

Where we at WO’s

First right = merit worthy

Exact name of the place.

Sorry, too short on time atm.
But i would start at a volcanic island or coast, the ground and rock erosion looks very much like fruitful lavastone, the vinyards in the background emphasize my assumption, because especially white wines are grown with outstanding success on this kind of ground.
I may be wrong, but i can not find out today. Fillippone will teach us again, i guess 

Good luck to all!

[ChartBuddy]

Explanation

[fillippone]

Where we at WO’s

First right = merit worthy

Exact name of the place.

Look like Palma, Grand Canaria, but I am not sure...
I am driving! Cannot do the right fuckery!

Tenerife.
Close to the Mirador Barranco De L'inferno.
Looking for the exact stone!

Barranco de Las Torres:


https://goo.gl/maps/8jid5WpMNmrzgyDz8

[BobLawblaw]

... earlier ITT: Using Bitcoin-collateralized loans to buy more Bitcoin.

Risky AF. Given how lucky I have been in life, I'm not sure I have the fortitude (even with the plate-training) to handle a strategy like that - even with 5%-10% of my stash.

Seems like the down-side risk is way too high IMO.

Ultimately, I get that NGU on a long-enough timeline, but the short-term volatility might fuck you hard without lube, and that's never fun.

Especially if they haven't enema'd and showered beforehand, if you catch my meaning...

[cAPSLOCK]

... earlier ITT: Using Bitcoin-collateralized loans to buy more Bitcoin.

Risky AF. Given how lucky I have been in life, I'm not sure I have the fortitude (even with the plate-training) to handle a strategy like that - even with 5%-10% of my stash.

Seems like the down-side risk is way too high IMO.

Ultimately, I get that NGU on a long-enough timeline, but the short-term volatility might fuck you hard without lube, and that's never fun.

Especially if they haven't enema'd and showered beforehand, if you catch my meaning...

This is something I am also facing, and kind of feel like you do.  I am going to need to come up with some cheddar due to things going on in my world...  This is one option.  Borrow against my stack?  Or just sell some.

Or another option is a line of credit... a loan not collateralize against the corn, but backed up by it for me.  In other words... get a loan and then HOPEFULLY pay it off with a smaller amount of Bitcoin than it would have taken to do right now.

But on the other hand there is ALWAYS the possibility that BTC goes down, and I lose that bet. 

Meh.

[ChartBuddy]

Explanation

[Biodom]

If bitcoin gets into million(s) and most of WO regulars are still around, i think the best bang for the money would be to seek life extension procedures.

More years = more chances to develop Alzheimer's.

No thanks.


They really need to solve that one first.

You don't need to fight Alzheimer's if it never develops.
In other words-organs and tissues that are rejuvenated (less age functionally than the clock shows) are less prone to disease.
Aging is a fundamental condition, Alzheimer's is a consequence of an aged brain tissue (typically).

When I was talking about fighting aging, I was not talking about being 80 perpetually. That would be nonsensical.
How about 40 or even earlier?

[ChartBuddy]

Explanation