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

[cAPSLOCK]

It's been theorized that this whole "Monkeypox Outbreak" is simply a cover for emerging side effects of the Covid-19 vaccines.

Yuh man, for sure, I gotta say the thought had occurred to me, and I was thinking about it , then I heard mention of it, and just now I did a search for Chimpanzee + vaccine to check it out, and thats when I found the article.... apparently its not just Astrazeneza but several of the others too......

I did not get jabbed..... but most people I know did.

lolz

no worries 4 shots here ill shed enough spike proteins and 5g nanothings things to give all you unvaccinated peeps the new improved pox anyway. no masks for me now! and you thought you could escape...

mwahahahahaha

the mental gymnastics is impressive.

Human beings arrogance, truly is, one of biggest threats to human life.

- I do not pretend to know, I am just asking questions, in truth, you do not know either friend.

I hope for you, and all of my friends and loved ones, and all that have been vaccinated , that all is ok.

But realise that as a human race we have indeed made colossal mistakes on almost this sort of scale in the past

20 merits.

The inability for most to think critically and with nuance is astonishing to me.

[1715023023]

1715023023

[1715023023]

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[cAPSLOCK]

If this cycle is like the others, we should set the bottom this year... probably before winter.


However it remains to be seen, if this one is really like the other ones. So far we only have two full cycles after a halving as examples.

Also this one with its two tops and the missing parabolic run-up looks already a little bit different.

Edit:
(Sorry for talking about Bitcoin  )

Announcer:  "But this cycle would end up being different than all before!"

(And thank you for bring it back to the corn)

[ChartBuddy]

Explanation

[cAPSLOCK]

Pretty much POW is bitcoin..  it's the whole damned invention.

So, yeah, "those of us who are against bitcoin would like to uninvent bitcoin."

Good luck with that.

Dream on.

Just to pick nits (which you cannot complain about! ) I feel your meaning... but along with pow we have to credit cryptographic primitives, blockchain, and the difficulty adjustment as being "pretty much bitcoin".  It's the combination of those things that make it work.  It MIGHT be possible to pull one out and replace it with something else... but no one has yet.

[Franctoshi]

Most restaurant here isn't accepting payment in Bitcoin for pizza, so I purposely keep going around to conscientize some restaurants here the need to start accepting payment in BTC, that today is pizza day and I insisted to make my purchase of pizza in BTC until I finally got one that accepted my pizza purchase in BTC, and it marks my first time to buy pizza with Bitcoin and it's such a fun day for me so far.
Seem the market reacted to my buys, because we got a little spike today and I got my pizza little cheaper before the spike. Lolz

[Blue King]

They never learn 


Source: https://twitter.com/BitcoinMagazine/status/1528395270563586049

[ChartBuddy]

Explanation

[AnotherAlt]

Happy Bitcoin Pizza Day WO

The sad thing for me is that I live in a village, and there is no pizza shop in 30+ Kilo meters. So, I was unable to try a pizza today. Even if there was some pizza shop in my village, I don't think they would accept Bitcoin at this moment because 90% of the people in my village don't even know what Bitcoin is. I bought a GPU raiser yesterday from my friend. But, I paid him today in Bitcoin Via Coinbase. So, It's Bitcoin GPU raiser day for me.

[cAPSLOCK]

Happy Bitcoin Pizza Day WO

The sad thing for me is that I live in a village, and there is no pizza shop in 30+ Kilo meters. So, I was unable to try a pizza today. Even if there was some pizza shop in my village, I don't think they would accept Bitcoin at this moment because 90% of the people in my village don't even know what Bitcoin is. I bought a GPU raiser yesterday from my friend. But, I paid him today in Bitcoin Via Coinbase. So, It's Bitcoin GPU raiser day for me.

I think that is a good celebration too!

Do you have access to tomatoes (sauce?), cheese (preferably mozzarella, can use provolone in a pinch, or any other) and dough for bread?  If so, making a pizza is really quite fun, and easier than you might think!  And pizza, like so many of the worlds great foods is also a great way to use odds and ends of meats and vegetable leftovers you  might have.

[ChartBuddy]

Explanation

[AnotherAlt]

Happy Bitcoin Pizza Day WO

The sad thing for me is that I live in a village, and there is no pizza shop in 30+ Kilo meters. So, I was unable to try a pizza today. Even if there was some pizza shop in my village, I don't think they would accept Bitcoin at this moment because 90% of the people in my village don't even know what Bitcoin is. I bought a GPU raiser yesterday from my friend. But, I paid him today in Bitcoin Via Coinbase. So, It's Bitcoin GPU raiser day for me.

I think that is a good celebration too!

Do you have access to tomatoes (sauce?), cheese (preferably mozzarella, can use provolone in a pinch, or any other) and dough for bread? If so, making a pizza is really quite fun, and easier than you might think! And pizza, like so many of the worlds great foods is also a great way to use odds and ends of meats and vegetable leftovers you  might have.

Yeah, I have access to tomato sauce and bread. I don't have cheese things. But, Better than having nothing at this moment.

The funny thing I want to share:
If I go to my nearest shop to buy a sauce and ask him to accept payment in Bitcoin, The shopkeeper will ask me: "What?"
I won't dare to explain to him what Bitcoin is because it's already Mid Night here, and he will never understand what I am talking about. BTW, Thanks for reminding me about sauce and bread. I have to take a look on youtube about how to make a pizza. xD

[AnotherAlt]

Most restaurant here isn't accepting payment in Bitcoin for pizza, so I purposely keep going around to conscientize some restaurants here the need to start accepting payment in BTC, that today is pizza day and I insisted to make my purchase of pizza in BTC until I finally got one that accepted my pizza purchase in BTC, and it marks my first time to buy pizza with Bitcoin and it's such a fun day for me so far.
Seem the market reacted to my buys, because we got a little spike today and I got my pizza little cheaper before the spike. Lolz

You are lucky enough that you were able to find a pizza shop that accepts payment in Bitcoin. Even in Developed countries, Shops don't want to accept Bitcoin. I don't know where are you from. But, In my country, I never succeed while trying to buy something with Bitcoin from the local market. But, Yes, I did some transactions with my friends and they did with their friends too. I always ask my friends to HoDL their Bitcoin sats and I always refer them to PlanB's Model. Some of them believe me and some of them laugh at me.

While I believe in Holding, I also believe that we should try to spend some Bitcoins in the market so that it spreads around the world. If we don't spend a sats and keep holding and it doesn't move at all, Why companies should open a gateway to accept bitcoin if holders don't use the gateway?

[JayJuanGee]

Now there's a fine spike for pizza day.

If I were to glance quickly, I would imagine seeing Bart standing on his head therein.

Pretty much POW is bitcoin..  it's the whole damned invention.

So, yeah, "those of us who are against bitcoin would like to uninvent bitcoin."

Good luck with that.

Dream on.

Just to pick nits (which you cannot complain about! ) I feel your meaning... but along with pow we have to credit cryptographic primitives, blockchain, and the difficulty adjustment as being "pretty much bitcoin".  It's the combination of those things that make it work.  It MIGHT be possible to pull one out and replace it with something else... but no one has yet.

Well?  My whole post says your clarification part doesn't it?

POW.. is the essence.. and I otherwise stand by my post without really disagreeing with your supplementation - even though it seems that I had already said that, especially if you read further down my post.

Another thing is that even though I have been exposed to the bitcoin space for more than 8.5 years there are several of the technical matters that I do not really understand or proclaim to understand.... except maybe gaining some additional knowledge through osmosis... and maybe even sometimes starting to understand some technical definitions beyond seeing the word(s) over and over...  so in the end, surely I do have to trust the judgement and descriptions of a variety of others and also attempt to assess based on some conclusions that sound good to me if I sometimes can still recognize when some matters are being expressed in technical mumbo jumbo or some folks try to act like they have better conclusions based on some technical knowledge.. we have had some folks playing those technical cards over the years and sometimes not faring too well even when they are technically smarter, and the BIG blockers played those kinds of cards quite a bit.. even though they ended up being wrong... and of course, there were various ways that we could see that their attack on bitcoin was not really technical anyhow, but mostly a pretext.

[wagmi]

Bitcoin has crashed really hard but we also need to mention what's important:

Bitcoin wasn't responsible for what happened, Bitcoin was safe, working as usual and as usually proven since Bitcoin was started. It was caused by a single, very risky ALTCOIN

BTC had already dropped pretty much 50% from its ATH by the 5th May by the time Luna/UST went pop, and it did that all by itself without any help from Luna. Sure there was a further BTC sell off due to the Luna/ust lunacy... but I would argue that was going to happen regardless of Luna/ust imploding.

Yes, maybe BTC was due for a drop but Terra Luna caused quite a big drop and maybe, if Terra Luna didn't exist, we would have stayed above 30k, a very important mark for Bitcoin. Now, we are barely mastering it and Bitcoin has some difficulties to conquer it back.

That is a whole lot of BTC sales that are hanging over the market.  That along with mtgox funds and ETH2.0

ETH 2.0 is a big danger bomb because it is a big Shitcoin experiment and if it fails it would cause a huge FUD wave again like Terra Luna did. And in case of such event, we really need to teach for everyone A LOT: Bitcoin and Altcoins are completely different tech and should be treated separately.
I tried to educate people because stupid Shitcoiners are still poorly educated:

Bitcoin has crashed really hard but we also need to mention what's important:

Bitcoin wasn't responsible for what happened, Bitcoin was safe, working as usual and as usually proven since Bitcoin was started. It was caused by a single, very risky ALTCOIN, where fundamentals of were not proven sufficiently. It was a weak Altcoin causing a huge crash.
An Altcoin, where no link to Bitcoin's tech was around. Bitcoin and Altcoins are totally independent, still people are getting FUD and sell Bitcoin causing a crash.

People should be aware for a similar situation: Bitcoin wasn't responsible for what happened, Bitcoin was safe, working as usual and as usually proven since Bitcoin was started. No need to sell Bitcoin.
People need to learn to be wise and don't sell Bitcoin when different Altcoins are having techical problems. It will likely happen a lot more because we have a lot of shady Altcoins!

A very good recommendation: don't sell Bitcoin when a different Altcoin crashes!

After all, such crashes will only re- distribute coins from weak hands to strong hands (HODLers).
To be succesful means to understand Bitcoin is independent from Altcoins and to understand HODL.  

A possible ETH 2.0 crash wouldn't change Fundamentals of Bitcoin but people still need to learn how Bitcoin is 100% independent from Altcoins. It's our only chance how we can prevent Bitcoin's price crashing, when an Altcoin fails again!

Why would we want to provide misleading information in order to make a point that is likely to be shown not to be true?

It is not misleading, it is about getting an impression of Fundamentals of Bitcoin and Bitcoin's technical relations to Altcoins.  

I am not really against your sentiment wagmi... beat on shitcoins whenever and wherever possible.. when in doubt bash a shitcoin; however, I find it problematic to proclaim bitcoin to be 100% detached from shitcoins.,. especially since bitcoin likely increasingly touches all segments of society and the various markets, including that a large number of shitcoin's admittedly hitch their wagons to bitcoin.

Yes!
I really try to be fair because we need to research properly about Altcoins before calling an Altcoin as Shitcoin.
I'm also not anti-science. I'm for a science-based research and hearing expert's opinions.
And when we start researching Altcoins, we can find out, also when we are hearing expert's opinions about Altcoins: Altcoins are very often very fraudulent, based on hype and based on marketing buzzwords but providing little to no value. Altcoin salesmen are even misleading interested people by talking to much positivity into an Altcoin.
We should be fair towards Altcoins, yes! But we should also be honest and reveal hard criticism based on FACTS.  

About Bitcoin being detached from Shitcoins, we have pro and con argumentes, see below, but technically, we need to say Bitcoin is 100% independent.
From an economic perspective, you are right, we have pro and con arguments, even if it's hard to make a quantitative assessment based on it.

however, I find it problematic to proclaim bitcoin to be 100% detached from shitcoins.,. especially since bitcoin likely increasingly touches all segments of society and the various markets, including that a large number of shitcoin's admittedly hitch their wagons to bitcoin.

Your point is very valid, and it's hard to make a quantitative assessment based on it.
But also, it is important to say, an appropriate market reaction would be if Terra Luna crashes, to make Bitcoin's price rise!
Because why?
Because Terra Luna or Terra Luna USD holders will flee out of Terra Luna or Terra Luna USD and will buy OFCOURSE BTC.
So, a crash of Terra Luna or Terra Luna USD should create more demand for Bitcoin and send BTC's price up!

At leat it would be a totally normal market mechanism and we should support it.

But instead, people are selling all sorts of coins because of FEAR. Also Bitcoin and Bitcoin isn't responsible and more important, Bitcoin is technically 100% independent.

It needs A LOT more education for people and we, as HODLers, should definitely advocate for it.

Shitcoiners are just profiteering off of Bitcoin by linking Bitcoin and Altcoins.  

Exactly.  You admit it.

It was my point, it was not about admitting it.
Shitcoiners are known for a certain degree of shenanigans.  

We The royal we need to educate here how Bitcoin and Altcoins are 100% not linked.  

You seem to have meant the royal we... therefore, for funzies, I fixed it for you.


 

I meant everyone who is advocating for a strong BTC.  
We, all HODLers.  

[BobLawblaw]

#meta

I just had a horrible thought.

Most adults in the US are not eligible for a Shingrex (Anti-shingles) vaccine until age 50.

It's being reported that what is believed to be Monkeypox is in fact Shingles outbreaks (Not stating this as fact, I just report what I read)

I want to start seeing age breakdowns of monkeypox infections, and correlations with MRNA vaccines at this point.

Monkeypox is incredibly difficult to spread, so something else is going on here.

EDIT: Yes, I know this belongs in that other thread. Fuck you.

[ChartBuddy]

Explanation

[bitebits]

#meta

[...]

L33T

[empowering]

I want to start seeing age breakdowns of monkeypox infections, and correlations with MRNA vaccines at this point.

Monkeypox is incredibly difficult to spread, so something else is going on here.

[Biodom]

I am just going to leave this here.....


https://www.health.gov.au/initiatives-and-programs/covid-19-vaccines/is-it-true/is-it-true-does-the-vaxzevria-astrazeneca-vaccine-contain-animal-dna#:~:text=The%20AstraZeneca%20vaccine%20uses%20a,it%20to%20grow%20in%20humans.

(apparently several of the vaccines "use chimp")

I do not know what to make of it just yet......my first thought is......... it can't be, please do not let it be..... surely it isn't.......


Lets just hope this monkeypox thing is "just a coincidence"

One horrifying result from this will be the lives lost because of the trust lost in ACTUAL healthcare and science.  For example.  An MRNA drug.  These kinds of drugs have the potential to do wonderful things for man.  Possibly cure cancer, for example.  And yet an enormous percent of people will go to their graves never taking another vaccine because of what happened the last few years.  And the people hooting about how they deserve to die because of not "trusting science" are just WRONG.

Calm down.

I have no idea how it all came down, but after applying Occam's razor it might have looked something like this:
Government is running around with 'hair on fire' due to population at large and their precious markets starting panicking.
"What to to, what to do?"
"Here, we have a tech that CAN help"
"OK, let's do MINIMAL duration testing, then use it if we can't find anything immediately negative"
Wham, bam-population is vaccinated by multiple methods (mRNA was NOT the most common world-wide, but probably was in US).

BTW, there is nothing wrong with animal DNA as long as it is not expressed (produce animal proteins) in your blood.
Do you eat meat? It contains animal DNA, you know.
If someone is a human, than that's someone also have a pound of bacteria living in your gut. It also has it's own DNA, lol.

TL;DR they used the tech that was not tested for a decade, like usual medications/vaccines are. Maybe some side effect would come out because of this.

[empowering]

Do you eat meat? It contains animal DNA, you know.

Yeah.... how often do you eat monkey sandwiches ?