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

[NoorulHuda]

https://news.bitcoin.com/kazakhstan-to-increase-tax-for-miners-considers-tying-levy-to-crypto-prices/

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[Toxic2040]

yea...central banks...dictators and people with just bad attitudes

https://twitter.com/DingDong3001/status/1514684139215151105

[philipma1957]

A picture which speaks the true reality and thousands words if you are understanding how the hell idealogy of the people has changed over the years about bitcoin inspite of many talking shit about it knowing nothing:



The fees and speed issues are solved by the LN channels and bitcoin capacity is increasing day by day with increased adoption but still if you belong to that group of people saying btc is dead and will not surge then you are on the wrong planet and maybe when Musk will colonize Mars doge and shitcoins can be used  

the fee issue has been a game of kick the can. The LN pushed the fee issue down the road and off a ramp in the miners lap.

 We are yet to see what this will mean in 10 years you have

2024  3.125 coins
2028  1.5625 coins
2032  0.78125 coins  

will BTC price rise bigly and kick the can to 2048?

But I agree that LN has kind of stopped the issue of high fees.

Frankly I think it is a fuck up and never should have been done. but that is just a guess.

[Toxic2040]

Lex Fridman #276  w/ Michael Saylor

https://www.youtube.com/watch?v=mC43pZkpTec

[empowering]

So who run Twitter Bartertown? Who run Bartertown?

The elites know. But does the Joe Shmoe public know?

* Remember kids Putin is the only bad man. Zelensky is the hero we should all admire.

* Let's enjoy kicking balls in Qatar later this year. Nothing to worry about at all. This great footballing nation won the hosting of the World Cup legally.

* January 6th was terrible. When people are outraged they should only be able to burn down the local high street, not take it out on the people making terrible decisions, how double DARE they!

* Rishi Sunak is a FANTASTIC chancellor of the exchequer here in the UK and totally not doing his job just as a hobby or JUST for control. His billionaire wife claiming non dom status is perfectly reasonable.

* Hunter Biden's laptop was just a nothing burger. He's a great man. We should all admire him.

* Did you get your 4th Covid booster yet? Better lock down that Chinese city. It's only been 2 years, we should try zero covid some more.

 

From "trumpers" to hating "unvaxxed" to hating "rushans" ...... wherever the MSM crosshairs are pointed the hatred flows...

Meanwhile....  the US and the allies do what they did in the middle east, and ...... hardly a whimper from the international community...

The Saudis hack off a journalists head in a Turkish embassy... and ...... nadda

The Yemen war with its 377,000 death toll..... and nadda, no sanctions on Saudi...lol, not a fart, I wonder why they get to do what they like without the international condemnation ? funny that

Did you guys know there is a war in Ethiopia right now? half a million dead over past 1.5 years?  where are their flags all over everyone's bios?   Are Ethiopians and Yemenis less important than Ukrainians ? apparently.  

[JayJuanGee]

https://jshee.substack.com/p/how-crypto-is-transforming-the-real?s=r

Blockchain based REIT anyone?

Not the worst read

Oh gawd....  


Lookie uie-poo-ie.... "I have not been pumping anything"...

yeah right...

 

A picture which speaks the true reality and thousands words if you are understanding how the hell idealogy of the people has changed over the years about bitcoin inspite of many talking shit about it knowing nothing:



The fees and speed issues are solved by the LN channels and bitcoin capacity is increasing day by day with increased adoption but still if you belong to that group of people saying btc is dead and will not surge then you are on the wrong planet and maybe when Musk will colonize Mars doge and shitcoins can be used  

the fee issue has been a game of kick the can. The LN pushed the fee issue down the road and off a ramp in the miners lap.

 We are yet to see what this will mean in 10 years you have

2024  3.125 coins
2028  1.5625 coins
2032  0.78125 coins  

will BTC price rise bigly and kick the can to 2048?

But I agree that LN has kind of stopped the issue of high fees.

Frankly I think it is a fuck up and never should have been done. but that is just a guess.

You make it sound as if there is some kind of looming problem with regards to mining hashpower incentives, when that problem seems to be ONLY theoretical, and not even based on good theory -except doom and gloom bullshit regarding whether the incentives in bitcoin are good enough or not (sustainable or not).. You seem to be implying that there is a need for a bitcoin tail emission or something like that, and there is really no evidence to support such nonsense, except premature doom and gloom speculations regarding scenarios that are not easy to know and even the doom and gloom scenarios seem to be long-shots rather than any thing that really makes any kind of realistic sense, especially absent actual evidence that goes beyond pure negative speculations.

In some theoretical sense, the price of bitcoin only needs to double every 4 years in order to maintain the mining rewards of the halvening, no?  Of course maybe we should attempt to account for changes in prices and costs and all of that too... but that is not going to take us much higher than doubling every 4 years, in real terms rather than nominal terms.

I have no reason to doubt (in terms of current speculation regarding what will happen) that the game theory is going to largely work itself out in terms of miners coming into bitcoin, and sure there is speculation that the disappearance of the reward with be potentially tragic in 2140 - however, my understanding that halvenings continue after 2140, but the mining reward is merely less than a satoshi after 2140-ish.. .

At the same time, I have difficulties speculating that any of these kinds of incentive matters are going to pose any kind of problem that might not be able to be addressed.. in the event that the problem seems to be causing the death of bitcoin through the lack of incentives towards continuing to see a sufficient level of hashing power to protect the network, the storage of coins and the ongoing transactions - whether on-chain or at some 2nd, 3rd or 4th layer.

[Torque]

* January 6th was terrible. When people are outraged they should only be able to burn down the local high street, not take it out on the people making terrible decisions protest peacefully outside the Capital, then be let in through the doors by security for an office tour, how double DARE they!

Had to FT

[ChartBuddy]

Explanation

[empowering]

 

[NoorulHuda]

https://news.bitcoin.com/want-to-dodge-your-crypto-tax-these-are-the-risks/

[Cosmic Beyonders]

Source: https://news.bitcoin.com/fumb-games-mobile-app-bitcoin-miner-integrates-real-btc-rewards-via-zebedee/

[Gachapin]

Source: https://news.bitcoin.com/fumb-games-mobile-app-bitcoin-miner-integrates-real-btc-rewards-via-zebedee/

This was postet just a few pages ago..


...cmon guys... do you even read this thread?
Or do you just wanna mine merits here?

[empowering]

Monthly chart .......


How do people feel about it ?

[NoorulHuda]

Still looking bullish on the daily. Don't overtrade this weekend. OBV has broken out and made higher highs and higher lows. Price action still holding up nicely trending up.

https://mobile.twitter.com/IncomeSharks/status/1515045812417536007

[ChartBuddy]

Explanation

[Arriemoller]

So, before the war the russian military was the second best in the world, now they are second best in Ukraine.

[savetherainforest]

Just don't pray on the weak man. ..

I would not assume that he is weak, and you spelt "prey" wrong... but even if he is, then he will need to make a choice about his own participation in terms of whether it is good for himself or not.

No, no! I spelled it right. Like a priest praying for weak children to come into his lap, or Demon. U'r pick.      
You know, like wishing for the weak to come to you so you can satisfy your domination needs.    
And not 'prey', WTF!? are we jaguars in the jungle to savage our inner animal needs??         

[Copetech]

Just don't pray on the weak man. ..

I would not assume that he is weak, and you spelt "prey" wrong... but even if he is, then he will need to make a choice about his own participation in terms of whether it is good for himself or not.

No, no! I spelled it right. Like a priest praying for weak children to come into his lap, or Demon. U'r pick.      
You know, like wishing for the weak to come to you so you can satisfy your domination needs.    
And not 'prey', WTF!? are we jaguars in the jungle to savage our inner animal needs??         

Well... Yeah...

WAIT! You didn't Actually think we were all here to talk about "Magic Internet Money" did you???


Silly Hippie...

[JayJuanGee]

Monthly chart .......


How do people feel about it ?

I'm a people, and I feel good.

Just don't pray on the weak man. ..

I would not assume that he is weak, and you spelt "prey" wrong... but even if he is, then he will need to make a choice about his own participation in terms of whether it is good for himself or not.

No, no! I spelled it right. Like a priest praying for weak children to come into his lap, or Demon. U'r pick.      
You know, like wishing for the weak to come to you so you can satisfy your domination needs.    
And not 'prey', WTF!? are we jaguars in the jungle to savage our inner animal needs??          

We are flip-floppers.

That's what "we" are.

[shahzadafzal]

Monthly chart .......

How do people feel about it ?

I'm a people, and I feel good.

Chart is an “art”.

People love art… I love art.


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