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

[Hueristic]

It wouldn't be much of an issue if the paper wasn't rolled over but was settled at close.

What's 'close' in the Bitcoin world?

On chain transaction as far as I'm concerned.

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[JayJuanGee]

Yesterday's physical work was too much, post exertional malaise kicked in, now suffering the usual fatigue, blurred vision, brainfog. Hope it won't tast too long.
The worst is that i thought i was pretty much over it, sucks ass to find out i was wrong. Still, it was a lot of work, pretty hard. Ten years ago i had the same degree of symptoms after a 1 mile walk, lasting for about a week.

Well, that's too bad.

These kinds of things are very important for sure... because we want to be able to do physically demanding tasks in order to fit into society and also maybe enjoy certain aspects of society or contribute or to get credit for being able to get certain "things done" in the physical world... and of course, if a person's body cannot do physical things then there are brain activities, so we would not want the physical activities to put us into a state in which we cannot even accomplish the brain activities, either. 

Surely, none of us know your exact circumstance, but surely there are aspects in which I can relate.. for sure.  Some of these experiences can be a matter of kind or a matter of degree, and as we get older we are not able to do some things that we used to be able to do.. and surely some folks might be more accelerated in their deterioration than others.. so some of it may be a matter of degree than kind. 

I am hesitating to give my own example, but I had a situation in which I was trying to do something that I used to be able to do, and I was able to partially do it, and I know if I spent a lot of time on practicing, I could improve, but at the same time, I was starting to think that maybe there are better ways to spend my time.... .... but of course, the more basic the activity that cannot be done, then the more difficult that it might be to choose not to do that activity anymore because there would sometimes be questions of self-reliance involved, too.

Happy Birthday Satoshi (It's Hal for me)

46, Male
Japan

And BTC also around $46k, unable to cross $46k.

Is it a coincidence? Or a divine signal?

A divine signal to buy or short? 

You wonder why a lot of the regulars around these parts have troubles with you... to even be asking questions about shorting seems to fail/refuse to understand how to approach, to value and to cherish king daddy.

In other words, it is always time to buy king daddy no matter what.  And if you were to happen to sell, you don't talk about it.

If you were to short.. holy shit. that is even more extreme than selling.. so that one you really have to be careful in whether you do it or even if you say that you are either doing it or planning to do it.. careful with those.. because they are fighting words.  shorting dee corns?      blasphemy.

Don't you know nuttin.

[Torque]

So let me get this straight, only 2 years on from the Covid pandemic, and TPTB are already yammering about (another) recession? You mean the one we never exited?

So two years ago the Fed floods the world banks with massive amounts of new fiat via printer go brrr, hands out large amounts of free fiat to consumers, and once that is all burned through, the Fed is now saying a recession is on the way? After only 2 years?

Yeah, no shit Sherlock. The world economies cannot any longer support themselves without free money from the Fed, without the punch bowl and a constant supply. Take that away, and it's sunk.

And then they talk about selling the debt off their balance sheet. Yeah riiight. So who's going to buy it, you morons?  

The Fed will do what they always do: raise rates in response to inflation, crash the debt market, then in response to the crash, slam rates back to 0% and flood the banks and consumers with more free fiat....yet again.

And stonks and bitcoin will soar....yet again.

And inflation will continue to rise...yet again.

What people should be freaking out about, is that this 'cycle' used to be 7-8 years long. Now it's only 2 years? Scary fkn times right now.

[Richy_T]

So two years ago the Fed floods the world banks with massive amounts of new fiat via printer go brrr, hands out large amounts of free fiat to consumers, and once that is all burned through, the Fed is now saying a recession is on the way? After only 2 years?

Yeah, no shit Sherlock. The world economies cannot any longer support themselves without free money from the Fed, without the punch bowl and a constant supply. Take that away, and it's sunk.

Don't forget the part where they simply closed down large sections of the economy. And the eviction moratoriums.

[ChartBuddy]

Explanation

[Torque]

So two years ago the Fed floods the world banks with massive amounts of new fiat via printer go brrr, hands out large amounts of free fiat to consumers, and once that is all burned through, the Fed is now saying a recession is on the way? After only 2 years?

Yeah, no shit Sherlock. The world economies cannot any longer support themselves without free money from the Fed, without the punch bowl and a constant supply. Take that away, and it's sunk.

Don't forget the part where they simply closed down large sections of the economy. And the eviction moratoriums.

Yep. It just hit me the other day...

They are using shutdowns to control the rate of spending into the economy. Trying to slow down price inflation by controlling the demand side (and at the same time restricting supply and laying of massive numbers of workers). Call it "demand control" or a "spending throttle". Their goal is to try and stretch price inflation across a much longer timeframe, so that people don't notice as much and get terrified. This really is a controlled demolition of the world economy.

Doesn't matter though, spread across 5 years or across 10, people will still notice the price inflation... and the end result will still be the same.

That means the next big market crash we get, there will probably be another global economic shutdown, and of course another "reason for the shutdown". Oh joy, sooo looking forward to what they pull out of their ass the next time. Cov-22 ?

[savetherainforest]

New Bill Takes Aim at El Salvador’s 'Careless Gamble' on Bitcoin
https://decrypt.co/97008/new-bill-el-salvador-careless-gamble-bitcoin

Why you need a bill for another country?? It's like trying to pass laws and try to impose them on other countries. These bankers keep bribing for nonsense laws until they will go broke.   

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[ImThour]

Market crashes everytime he posts his company's buying. :3

Then I hope you appreciate my quick posting on the WO for you to short the market!

Hahahaaha

Yeah... good one.

Put your money where your mouth is (referring to ImThour).

We know that is not going to happen.

hahahaha  

Last time I showed you a screenshot of my trade winning in a short and you said why am I showing it to you and now you are saying "We know that it is not going to happen, you aren't putting your money where your mouth is".

Good Morning @JJG

I mean, what do you want me to do then? I am trying to put my money where my mouth is ffs. And that might be hard for you to consider it real, but it is.


Let's not move the narrative towards trading for the time being and talk about something which you can actually discuss on, like the on-chain data I posted? thanks for the merit though.

[JayJuanGee]

S2F is not significantly or materially disrupted, yet..

Sure S2F might be delayed or it might need to be adjusted.. but it is not disrupted.


#justsaying

delayed or adjusted  == disrupted.

Hahahaha

Fair enough..

We can disagree on that point, even though it is a fairly reasonable semantical point....

You may have already noticed that I have a bit of triggering in me when I just get somewhat irritated by some of the prematurity of the attacks (and denigrations) on the S2F model, and perhaps PlanB brought some of these kinds of attacks on the model upon himself when he has been making claims (even in much of 2020 when the BTC price was underperforming the model's expectations) that if x price does not occur by y date then S2F is broken and blah blah blah nonsense (then he was making similar kinds of claims in late 2021 that if certain BTC prices are not met by certain dates then the S2F model is broken.. blah blah blah).... .

I'm not one of those to jump on a bandwagon, feel free to go back and check my history.

I have said STF was broken from day 1.

It does not take into account the institutional fuckery going on.

The S2F model does account for various other factors such as institutional fuckery, by saying that those other factors are not substantially and significantly important in terms of figuring out BTC price dynamics overall... which is quite likely true.

  Sure in the short term anything can happen and there are a bunch of fucktwats trying to push BTC price around, but in the long term they can all go fuck themselves because King daddy not going to give too many shits?  

Think about what matters and that is NGU technology?   and there can be all kinds of efforts to stop it or to slow it down or to shift the UPpity downward on the curve.. but in the end, price is likely going to continue to follow something like the S2F model, even if the BTC price does not follow S2F with precision and even if there are all kinds of DOWNity manipulation attempts, King Daddy gives no shits.. and the  S2F model is ultimately suggesting that it accounts for most of what matters to such a material and substantiate degree that the BTC price is going to end up in the ballpark of its predictions (maybe one side or the other side of the curve.. but largely the curve is a pretty decent trajectory given what is known and what is not known... and no matter what the future is not going to be certain, but S2F gives us some pretty damned decent ideas.. even though it is not the full picture.. and even though there is also exponential s-curve adoption factors that are related to network effects and Metcalfe principles).

Derivatives and fractional reserve naked shorting are skimming off by my guess 15-20% of the cap across the board (which btw is about how much out of wack stf is on a cursory glance) and if people do not stop supporting the actors that are doing this it will only get worse until bitcoin is manipulated just like gold and that is what the scumbag bankers ultimate goal is in this space.

Paper bitcoin is their goal to our detriment and that was not satoshi's dream.

Well you can scare your lil ass off about how you believe that they might be successful and whine away about it.. and sure maybe they will be successful.  I am not going to disagree with you that they are trying to do exactly what you suggest, and some of them believe that they can be successful in creating a paper bitcoin system that is going to be as easy to manipulate as gold.. maybe a few extra challenges, but there are beliefs that they are going to be successful.. .but a lot of folks who are buying into bitcoin (even though less than 1% of the world population) are not of the belief that the status quo rich are going to be successful in their abilities to manipulate bitcoin in the same kinds of ways as gold.. even if the status quo rich are going to continue to do their damnedness (and even possibly to get governments and various shitcoins into their pockets to help them)..  

So good luck if you believe that they are going to be successful or you are going to merely whine about it and likely prematurely proclaim that the S2F model is wrong because it fails/refuses to account for how powerful the status quo rich is... yeah right.  Good luck with that.  I hope that you have not failed/refused to sufficiently/adequately prepare for UPpity because of those kinds of beliefs.

[Toxic2040]

the evening wall report

$44k to $48k has been a choppy zone and many probably will look to calmer waters before re-entering
bulls will bull when they want...hasnt happened yet..everyone waiting for a capitulation event maybe 
relax..try and enjoy life...spread the word..share joy and wonder  be passionate with who and what you love


dyor

4h


guess just keep making bigger triangles   


the daily is still consolidating but...it does not look great...hopefully we get across this gap showing over the next week or so in a upwards direction rather than downwards        technically speaking...imo...as long as the higher low near $34.4k is not broken we are still in a overall uptrend
D

stronghands

[ChartBuddy]

Explanation

[JayJuanGee]

S2F is not significantly or materially disrupted, yet..

Sure S2F might be delayed or it might need to be adjusted.. but it is not disrupted.


#justsaying

delayed or adjusted  == disrupted.

Hahahaha

Fair enough..

We can disagree on that point, even though it is a fairly reasonable semantical point....

You may have already noticed that I have a bit of triggering in me when I just get somewhat irritated by some of the prematurity of the attacks (and denigrations) on the S2F model, and perhaps PlanB brought some of these kinds of attacks on the model upon himself when he has been making claims (even in much of 2020 when the BTC price was underperforming the model's expectations) that if x price does not occur by y date then S2F is broken and blah blah blah nonsense (then he was making similar kinds of claims in late 2021 that if certain BTC prices are not met by certain dates then the S2F model is broken.. blah blah blah).... .

I'm not one of those to jump on a bandwagon, feel free to go back and check my history.

I have said STF was broken from day 1.

It does not take into account the institutional fuckery going on.

Derivatives and fractional reserve naked shorting are skimming off by my guess 15-20% of the cap across the board (which btw is about how much out of wack stf is on a cursory glance) and if people do not stop supporting the actors that are doing this it will only get worse until bitcoin is manipulated just like gold and that is what the scumbag bankers ultimate goal is in this space.

Paper bitcoin is their goal to our detriment and that was not satoshi's dream.

"BTC is manipulated just like gold". It is a double edged sword. You want some ability to maneuver shift and trade it, but an exchange at 20x leverage or more is hurting it by allowing too much push in the wrong direction at a smaller cost.

Both of you seem to be presuming too much.

Yes, the status quo rich want to manipulate bitcoin just like they had been able to accomplish with gold.  This is a work in progress, so I would not be assuming bitcoin's defeat in the still early stages of any such manipulation attempts.  It's not over until the fat lady sings, and the fat lady is still just a child, so she's still got many years to grow up, to learn how to sing and also to get fat, too. 

In other words, don't be so god-damned premature in your presuming that bitcoin does not have any arrows in its quiver.  Am I mixing metaphores?

[savetherainforest]

Good Morning @JJG

I mean, what do you want me to do then? I am trying to put my money where my mouth is ffs. And that might be hard for you to consider it real, but it is.

You have maybe 2-3 days before it goes over 47K. If you can stop your trade, you should. After 8-9 April the sh1t will hit the fan.     

[ImThour]

Good Morning @JJG

I mean, what do you want me to do then? I am trying to put my money where my mouth is ffs. And that might be hard for you to consider it real, but it is.

You have maybe 2-3 days before it goes over 47K. If you can stop your trade, you should. After 8-9 April the sh1t will hit the fan.    

As you can see it's a 3x and the money I have put on it isn't very big for me.
Just did this trade to support my narrative.

EDIT: I do have a stop-loss where my initial idea will be declared failed and the trade will stop.

[ChartBuddy]

Explanation

[shahzadafzal]

I want this cup.



https://twitter.com/d_lastname_/status/1511416344775782400?s=21

$15.99 + shipping, and you can probably pay with bitcoin as excellion redirects you to the GloBee payment gateway.

https://www.excellion.com/product/fck-you-money-mug/

Thank you for sharing the link I literly thought of buying the cup but when I see $20 shipping charges and total price $35.00 i thought sand **** it and instead of BTC cup why not have real bitcoin and I added another $14.01 bought 0.0011 BTC yeah, clever move isn't it?

I want this cup.

You can have the cup, I want the sweetie.
+1 WO’s merit.

I wonder if i was the only one thinking the same. Most certainly not  

I see you guys interested in B-cup not  BTC-cup, but I guess the baby isn't in offer yet.

[Cryptotourist]

~ shilling for death and war ~

You’re such a tiny human excuse of a person. You’re also not convincing anybody anymore.
I hope you got that straight.

To your question: It's respect for life, at least. To keep it short and not make it a love-only discussion: Love doesn't value. Hate, fear, grudge and the likes are just examples for states defined by complete absence of love.

Respect for *all* life, *is* unconditional love.
Loving Arrie is kinda difficult atm, but I certainly don’t hate him.

Does it make you feel good?

No.

If not, why keep doing it?

Somebody’s got to deal with the shit. Whether you like handling it or not.

I gave up watching TV a good decade ago. For reasons.

If that’s true, then good for you. Me like - two decades ago. I wish everybody could disconnect.

Okay, that was funny.

Oh joy, sooo looking forward to what they pull out of their ass the next time. Cov-22 ?

EB-23?, and blame it on Russia this time round. [sigh, I really really hope not]
Ask those clowns Schwab, Gates and Soros - or maybe just that bitch - suchmoon.

Let's not move the narrative towards trading for the time being and talk about something which you can actually discuss on, like the on-chain data I posted?

Yeah, hit the reverse hard, you bozo.

[cygan]