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

[empowering]

The mantra is "Go where you are treated best"  

https://nomadcapitalist.com/

BTW , the dude also has a very extensive youtube channel, for inspiration , education, and elucidation ..... it is part of my daily viewing regime,  which I highly recommend and is found here =

https://www.youtube.com/c/nomadcapitalist

[1714699542]

1714699542

[1714699542]

1714699542

[goldkingcoiner]

heh heh, sir thats part of the plan, tunes so old you forgot, tunes so new no one knows, classics , tunes that resonate on that day , tunes that resonate with the current market....things you guys send me....etc etc  trust me its gunna be schizophrenic and eclectic as fuck

Band I missed the first time around but got into recently via their lead singer (and you may know him from other things) releasing a good solo album last year.

https://www.youtube.com/watch?v=SSuvPuQM7qc

Ok you got me hooked.

https://www.youtube.com/watch?v=nQusU0g9H-E

This should be the hodl theme.

[empowering]

The mantra is "Go where you are treated best"  

https://nomadcapitalist.com/

BTW , the dude also has a very extensive youtube channel, for inspiration , education, and elucidation ..... which I highly recommend found here =

https://www.youtube.com/c/nomadcapitalist

^^ The guy has switched me on to various places..... Georgia being the latest, super cheap, super interesting, great food, great wine, beautiful country side, pretty awesome capital city etc, and pretty awesome tax regimes for expats, and for crypto entrepreneurs, people that want to start businesses, digital nomads, etc etc like I am talking super interesting "zero percent tax" in some cases. Residency is easy...

Plus, do not fancy residency ? just want to get away for a bit? sweet, 365 day visa free travel for most , and you can boarder hop on any day re enter and get another 365 days upon re-entry. Non residents can rent homes, buy homes, (I've seen neat country a-frame chalets for 20,000 euros!!!!!) buy cars rent cars, get license etc....


Flip side, I hear that sometimes it can take a while to get things done.


Just one of the little tid-bits I have garnered from Andrew.... I knew some people that travelled to Georgia before and loved it... but it was from him I heard about the other benefits.... not for you? then he has literally got tens of more recommendations and expertise to go with them , to get the most of of your investments, and your life, increase your options, and well, go where you are treated best.

Andrew, I want a discount/commission bruh for sales ! lols

PEACE , bros,  I hope that it is of use to some of you.


Georgia =




Five Things I Love About Tbilisi
https://youtu.be/CZHP-o7wTBs

How Foreigners Can Pay 1% Tax in Georgia
https://youtu.be/d_RLvTdAArQ

Georgia Cost of Living in 2021
https://youtu.be/f25cNkLzIHg

ps, you may find something else alluring about Georgia too

[empowering]

heh heh, sir thats part of the plan, tunes so old you forgot, tunes so new no one knows, classics , tunes that resonate on that day , tunes that resonate with the current market....things you guys send me....etc etc  trust me its gunna be schizophrenic and eclectic as fuck

Band I missed the first time around but got into recently via their lead singer (and you may know him from other things) releasing a good solo album last year.

https://www.youtube.com/watch?v=SSuvPuQM7qc

Ok you got me hooked.

https://www.youtube.com/watch?v=nQusU0g9H-E

This should be the hodl theme.

I knew this was going to be a great idea

[JayJuanGee]

https://bitcointalk.org/index.php?topic=5399793.0

Is it Bullshit? If it's true, Do you believe Bitcoiners will fall for Non-Fuckible-Things?

why are you giving us links to stupid shit?

Are you trying to control what I would write or not?

Yes I am...

and I would like to tell you that what you provided is dumb.. stupid shit..

I already said.. so why repeat?


 

I don't think I have violated any rules. Healthy criticism is allowed.

That is be called Koreck.

Any of us can provide our criticism or refrain from such too.

But, Questions like why are you giving us links to stupid shit

Exactly.. that is called health criticism.

are not expected from a wall observer like you.

I am held to a different standard..

Oh shit.

I am referring you there to show you that there are a few dumb people who exist. But, Seems you are not better than them.

Yes.. thanks for pointing out that there are dumb people in the world.

That was very helpful.


Sorry, that I attempted to stop you from being ur best lil selfie.

I am so embarrassing.

 

Japan's second largest bank to launch institutional Bitcoin, crypto custodial services.

Sumitomo Mitsui Trust, Japan's second largest bank, is creating a new company called Japan Digital Asset Trust to offer custodial services for bitcoin and other cryptocurrencies for institutional clients, according to a report by Nikkei Asia.

The new company will hold assets like bitcoin and other cryptocurrencies for large investors and corporations because the company reportedly believes investors will feel more comfortable if the custody of those assets can be held by trusted financial institutions

Not that I care too much regarding what those "other cryptocurrencies" might be, but the article does not say anything about which "other cryptocurrencies" they might be considering, but suggests that they were influenced by Fidelity's bitcoin first assessment. 

I suppose that we will hear more if the product/practice gets more publicity besides possible disclosure to clients who might be choosing to use such services (or have confidence in such).

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[Torque]

The truth bomb:

So let me get this straight. It takes between 21 to 35 days for a Russian oil tanker to get to US ports to be offloaded.
It takes between 35 and 60 days for a tanker from the Middle East to make the same trek.
It takes about 10 hours to load the tanker and up to 24 hours to unload. If it has to wait in port to get to an unloading dock, it can take up to 3 days.
The average tanker burns 2,625 gallons of diesel fuel per hour. 22.38 pounds of CO2 are created from burning 1 gallon of diesel fuel.
So, in one hour, a  tanker ship hauling oil to a refinery in the US creates 58,757.5 pounds of CO2 per hour. Averaging the travel time of the tankers, that's 27.67 million tons of CO2 per trip.
In comparison, your car creates between 6 and 9 tons per year.
Without going into all the equations of how many tankers come to the US per year, let alone our exports, will someone please explain to me how drilling our own oil and moving it through pipelines, along with importing oil from Canada via pipeline will not be more environmentally "green" for the world.
Please explain to me why buying oil from another country is good for the environment??
Or better yet how buying oil from another country is better than pumping our own oil??
There’s nothing green about this other than these elites are lining their pockets with green.

[Copetech]

The truth bomb:

So let me get this straight. It takes between 21 to 35 days for a Russian oil tanker to get to US ports to be offloaded.
It takes between 35 and 60 days for a tanker from the Middle East to make the same trek.
It takes about 10 hours to load the tanker and up to 24 hours to unload. If it has to wait in port to get to an unloading dock, it can take up to 3 days.
The average tanker burns 2,625 gallons of diesel fuel per hour. 22.38 pounds of CO2 are created from burning 1 gallon of diesel fuel.
So, in one hour, a  tanker ship hauling oil to a refinery in the US creates 58,757.5 pounds of CO2 per hour. Averaging the travel time of the tankers, that's 27.67 million tons of CO2 per trip.
In comparison, your car creates between 6 and 9 tons per year.
Without going into all the equations of how many tankers come to the US per year, let alone our exports, will someone please explain to me how drilling our own oil and moving it through pipelines, along with importing oil from Canada via pipeline will not be more environmentally "green" for the world.
Please explain to me why buying oil from another country is good for the environment??
Or better yet how buying oil from another country is better than pumping our own oil??
There’s nothing green about this other than these elites are lining their pockets with green.

On day one of his administration, Biden shut down the Keystone XL Pipline in the US that was transferring oil from Canada to the refineries,  and on the very same day, lifted the sanctions against Russia's Nordstream II Pilipeline that were put in place to prevent them from being able to attack Ukraine.

I have tried... I have given it a lot of thought... and I can't think of a single thing I would do, if I were an evil villain aiming to destroy the western economy, that has jot already been done better by the Biden administration. This CANNOT be simple dementia riddled incompetence... this is a well crafted, genius plan to destroy us.

[ChartBuddy]

Explanation

[Biodom]

The truth bomb:

So let me get this straight. It takes between 21 to 35 days for a Russian oil tanker to get to US ports to be offloaded.
It takes between 35 and 60 days for a tanker from the Middle East to make the same trek.
It takes about 10 hours to load the tanker and up to 24 hours to unload. If it has to wait in port to get to an unloading dock, it can take up to 3 days.
The average tanker burns 2,625 gallons of diesel fuel per hour. 22.38 pounds of CO2 are created from burning 1 gallon of diesel fuel.
So, in one hour, a  tanker ship hauling oil to a refinery in the US creates 58,757.5 pounds of CO2 per hour. Averaging the travel time of the tankers, that's 27.67 million tons of CO2 per trip.
In comparison, your car creates between 6 and 9 tons per year.
Without going into all the equations of how many tankers come to the US per year, let alone our exports, will someone please explain to me how drilling our own oil and moving it through pipelines, along with importing oil from Canada via pipeline will not be more environmentally "green" for the world.
Please explain to me why buying oil from another country is good for the environment??
Or better yet how buying oil from another country is better than pumping our own oil??
There’s nothing green about this other than these elites are lining their pockets with green.

On day one of his administration, Biden shut down the Keystone XL Pipline in the US that was transferring oil from Canada to the refineries,  and on the very same day, lifted the sanctions against Russia's Nordstream II Pilipeline that were put in place to prevent them from being able to attack Ukraine.

I have tried... I have given it a lot of thought... and I can't think of a single thing I would do, if I were an evil villain aiming to destroy the western economy, that has jot already been done better by the Biden administration. This CANNOT be simple dementia riddled incompetence... this is a well crafted, genius plan to destroy us.

you don't make any sense, sorry.
Biden got ruskies under 1000X more sanctions than puny sanctions-lite on Nordstream II.
Also, how the sanction on one pipe were preventing them from attacking Ukraine?
That does not compute at all and these two things have nothing to do with each other.

[Copetech]

The truth bomb:

So let me get this straight. It takes between 21 to 35 days for a Russian oil tanker to get to US ports to be offloaded.
It takes between 35 and 60 days for a tanker from the Middle East to make the same trek.
It takes about 10 hours to load the tanker and up to 24 hours to unload. If it has to wait in port to get to an unloading dock, it can take up to 3 days.
The average tanker burns 2,625 gallons of diesel fuel per hour. 22.38 pounds of CO2 are created from burning 1 gallon of diesel fuel.
So, in one hour, a  tanker ship hauling oil to a refinery in the US creates 58,757.5 pounds of CO2 per hour. Averaging the travel time of the tankers, that's 27.67 million tons of CO2 per trip.
In comparison, your car creates between 6 and 9 tons per year.
Without going into all the equations of how many tankers come to the US per year, let alone our exports, will someone please explain to me how drilling our own oil and moving it through pipelines, along with importing oil from Canada via pipeline will not be more environmentally "green" for the world.
Please explain to me why buying oil from another country is good for the environment??
Or better yet how buying oil from another country is better than pumping our own oil??
There’s nothing green about this other than these elites are lining their pockets with green.

On day one of his administration, Biden shut down the Keystone XL Pipline in the US that was transferring oil from Canada to the refineries,  and on the very same day, lifted the sanctions against Russia's Nordstream II Pilipeline that were put in place to prevent them from being able to attack Ukraine.

I have tried... I have given it a lot of thought... and I can't think of a single thing I would do, if I were an evil villain aiming to destroy the western economy, that has jot already been done better by the Biden administration. This CANNOT be simple dementia riddled incompetence... this is a well crafted, genius plan to destroy us.

you don't make any sense, sorry.
Biden got ruskies under 1000X more sanctions than puny sanctions-lite on Nordstream II.
Also, how the sanction on one pipe were preventing them from attacking Ukraine?
That does not compute at all and these two things have nothing to do with each other.

Prior to Nordstream II there was only one pipeline from Russia into the UK, and it ran directly through Ukraine. If Russia attacked UKraine before Nordstream II was at least 99% complete, all it would take is one explosion in UKraine to cripple the Russian economy.
By lifting the sanctions, Biden allowed Nordstream II to be completed just before the troops moved into Ukraine. Sanctions after the fact? Who gives a fuck? As soon as the mission is complete, the oil flows freely.

If it's beneficial (by any convoluted means) to shut down Keystone & cancel all oil drilling leases on federal land, how is it simultaneously beneficial to give Russia the green light on Nordstream?
And that can be reversed as well... if Nordstream is beneficial, how is it simultaneously beneficial to shut down the US status as the world's biggest exporter of oil & natural gas?

[ChartBuddy]

Explanation

[Biodom]

The truth bomb:

So let me get this straight. It takes between 21 to 35 days for a Russian oil tanker to get to US ports to be offloaded.
It takes between 35 and 60 days for a tanker from the Middle East to make the same trek.
It takes about 10 hours to load the tanker and up to 24 hours to unload. If it has to wait in port to get to an unloading dock, it can take up to 3 days.
The average tanker burns 2,625 gallons of diesel fuel per hour. 22.38 pounds of CO2 are created from burning 1 gallon of diesel fuel.
So, in one hour, a  tanker ship hauling oil to a refinery in the US creates 58,757.5 pounds of CO2 per hour. Averaging the travel time of the tankers, that's 27.67 million tons of CO2 per trip.
In comparison, your car creates between 6 and 9 tons per year.
Without going into all the equations of how many tankers come to the US per year, let alone our exports, will someone please explain to me how drilling our own oil and moving it through pipelines, along with importing oil from Canada via pipeline will not be more environmentally "green" for the world.
Please explain to me why buying oil from another country is good for the environment??
Or better yet how buying oil from another country is better than pumping our own oil??
There’s nothing green about this other than these elites are lining their pockets with green.

On day one of his administration, Biden shut down the Keystone XL Pipline in the US that was transferring oil from Canada to the refineries,  and on the very same day, lifted the sanctions against Russia's Nordstream II Pilipeline that were put in place to prevent them from being able to attack Ukraine.

I have tried... I have given it a lot of thought... and I can't think of a single thing I would do, if I were an evil villain aiming to destroy the western economy, that has jot already been done better by the Biden administration. This CANNOT be simple dementia riddled incompetence... this is a well crafted, genius plan to destroy us.

you don't make any sense, sorry.
Biden got ruskies under 1000X more sanctions than puny sanctions-lite on Nordstream II.
Also, how the sanction on one pipe were preventing them from attacking Ukraine?
That does not compute at all and these two things have nothing to do with each other.

By lifting the sanctions, Biden allowed Nordstream II to be completed just before the troops moved into Ukraine. Sanctions after the fact? Who gives a fuck? As soon as the mission is complete, the oil flows freely.

It is NOT even the oil pipeline, dude, but a gas one and it is SHUT down, kaput.
So what that it was completed? Nobody ever used it.

[Copetech]

The truth bomb:

So let me get this straight. It takes between 21 to 35 days for a Russian oil tanker to get to US ports to be offloaded.
It takes between 35 and 60 days for a tanker from the Middle East to make the same trek.
It takes about 10 hours to load the tanker and up to 24 hours to unload. If it has to wait in port to get to an unloading dock, it can take up to 3 days.
The average tanker burns 2,625 gallons of diesel fuel per hour. 22.38 pounds of CO2 are created from burning 1 gallon of diesel fuel.
So, in one hour, a  tanker ship hauling oil to a refinery in the US creates 58,757.5 pounds of CO2 per hour. Averaging the travel time of the tankers, that's 27.67 million tons of CO2 per trip.
In comparison, your car creates between 6 and 9 tons per year.
Without going into all the equations of how many tankers come to the US per year, let alone our exports, will someone please explain to me how drilling our own oil and moving it through pipelines, along with importing oil from Canada via pipeline will not be more environmentally "green" for the world.
Please explain to me why buying oil from another country is good for the environment??
Or better yet how buying oil from another country is better than pumping our own oil??
There’s nothing green about this other than these elites are lining their pockets with green.

On day one of his administration, Biden shut down the Keystone XL Pipline in the US that was transferring oil from Canada to the refineries,  and on the very same day, lifted the sanctions against Russia's Nordstream II Pilipeline that were put in place to prevent them from being able to attack Ukraine.

I have tried... I have given it a lot of thought... and I can't think of a single thing I would do, if I were an evil villain aiming to destroy the western economy, that has jot already been done better by the Biden administration. This CANNOT be simple dementia riddled incompetence... this is a well crafted, genius plan to destroy us.

you don't make any sense, sorry.
Biden got ruskies under 1000X more sanctions than puny sanctions-lite on Nordstream II.
Also, how the sanction on one pipe were preventing them from attacking Ukraine?
That does not compute at all and these two things have nothing to do with each other.

By lifting the sanctions, Biden allowed Nordstream II to be completed just before the troops moved into Ukraine. Sanctions after the fact? Who gives a fuck? As soon as the mission is complete, the oil flows freely.

It is NOT even the oil pipeline, dude, but a gas one and it is SHUT down, kaput.
So what that it was completed? Nobody ever used it.

You argue semantics and ignore the overall point? Really?
So if the pipeline in Ukraine is damaged and must be shut down due to the Russain seige, Nordstream is now compled and only waiting for regulatory approval to be fully operational. And you honestly believe that if the UK is cut off from Russian gas that regulatory hurdle will not instantly vanish?

Point is, the Biden administration gave the greenlight for Russia to invade. Then used the event to return NATO to a position of relevancy they haven't had for decades! And outside of that, the question remains... why is Nordstream given the OK at the same time that Keystone and American oil production shut down? Trumps fault? Nazis & White Supremacy? Or is it in the interest if LGBTQ+ to pay $7.29 per gallon??? There are far too many lies being used to divide us and calm rational thought is needed if we're to see a way through this... try steel man instead of straw man even if only with yourself. It's important to see the cold rationale behind all this nonsense!

[Biodom]

enough about oil/gas...sorry

where is MY bitcoin rally to 200 day EMA?

[ChartBuddy]

Explanation

[JayJuanGee]

Sorry to disappoint you guys but it's confirmed the planned green dildo event has been postponed for another week two years.

Well that's too bad finding out that we are going to have to wait two more years.

The party has been delayed, and truly a bummer.

 

Just think about it.... if BTC @ $200,000 is the day that you have decided is the day that you hit the eject button.... then maybe with careful planning you could reduce that number to $100,000........ (and it only gets more compelling the higher the number goes)

Funny that prior to March 2020, we used to talk about $1 million as a kind of entry-level fuck you status, and sort of presuming cost of living in the west.

We learn that there are so many places in the world in which ONLY a fraction of the previously considered entry-level fuck you status would be needed.  I recall that mindrust said that he ONLY needed less than $500k, and said that he might even get fuck you status for even half of that amount (presuming something like $250k).

Surely the 10BTC that mindrust supposedly got to in around March 2020 would have been enough for getting close to such entry-level fuck you status... .. but surely we still have some potential faults in trying to use the BTC spot price to measure our level of wealth if we had gotten all the way up to $69k.. which would have been $690k - but who wants to cash out all of their BTC.. where you going to put it?

In March 2020, the 200-week moving average was ONLY around $5k, but now the 200-week moving average is about $22k, so even using the 200-week moving average we are getting 10 BTC to be valued at $220k... though maybe if that might be near your entry-level fuck you status, there would still be some likely nervousness to be cashing out very much BTC when the BTC spot price is so close to the 200-week moving average  - which keeps reminding me that I would like to come up with some kind of formula that would help to establish how much BTC to be able to shave off that is somewhat dependent upon how close or far away the BTC spot price is away from the 200-week moving average.. so presumptively the closer to the 200-week moving average the lower the percentage of holdings can be shaved off per quarter, month or year... but yet the underlying theory of being able to shave off profits would be nearly perpetually sustainable so long as a HODLer (at presumably fuck you status) stays within the proximity to 200-week moving average shaving off limits.

Furthermore, I see no reason that a HODLer should really feel hindered by staying within such proximity to 200-week moving average shaving off limits, especially since likely patience and deferred gratification had gotten the HODLer to fuck you status in the first place with his/her BTC and also the longer that such HODLer stays in BTC and follows a kind of shaving off limit structure, then the more likely that s/he will get further and further into fuck you status - presumably multiples of the entry-level fuck you status the longer into BTC.. .and then the next question just becomes how long such HODLer is able to live or to figure out some potentially worthy beneficiary or cause for such funds upon passing.. ... which hopefully there will at least be some years of pleasure.. maybe a decade or more.. even though we have likely already heard of some bitcoiners who have passed with their coins.. unclear about if the coins were passed down and unclear about the extent to which such HODLers had been able to enjoy some amount of the BTC proceeds with some level of increased comforts.

By the way, my own above paragraph reminds me of an interaction that I had a few weeks ago with a no coiner and even old time friend of mine, and for sure, sometimes I can understand some of the frustration that some of my older time friends likely begin to feel with me because there is a certain amount of inevitable devolution into bitcoin as a topic the longer that we might spend time together, and maybe I cannot even help myself..

So in this particular conversation, we had been having dinner and some beers and shooting the shit for a while, and we devolved into bitcoin discussions, and at some point I mentioned that I keep bringing up this bitcoin topic and my friend just never does anything or take any kind of actions, and he seemed to get a bit frustrated with me.  My friend is not poor in any kind of means, even though he kind of lives like he is poor but he has almost all of his real wealth in various kind of land.. not even bad land and a pretty good size chunk of it that he could cash out a pretty small portion and increase his life style quite a lot.  The amount of income that he earns off of the land is o.k. and it has increased over the years - perhaps even greater than the cost of living (inflation).

Nonetheless, he told me that I have been spending all of these years talking with him about bitcoin and from his looking at me, he does not really believe that there are any ways that I have profited from bitcoin because I had not cashed them out and become rich with land.. and in that regard, he gets a sense that I have a lot of paper profits.. so there is a kind of lack of concreteness to profits when they are on paper only.

I asked him if he had even been paying attention in the last hours of our conversation or even previous conversations that I had with him.  Yeah.. maybe the first few years - and even through 2017 I had not cashed out very many bitcoins at all because my philosophy before that time had been to mostly replace any BTC that I had sold.. especially between 2014 and 2016.  

I reminded him that since he was a long time friend, pretty much he largely knew about the vast majority of my other non-bitcoin sources of income that would sustain me with a bit of luxury perhaps, but those sources of income were nothing really too extravagant. including that I had already had a luxury car that I likely would not have upgraded.. which had also recently happened.  

I reminded him about a variety of other purchases that I had made in the last few years including my involvement in a couple of different projects in which I had financed them, a few trips that I had made that were quite costly....including the lodging and the kind of food that I was eating.  

I asked him how my various non-bitcoin sources of income could have allowed me to make those kinds of purchases that I had been making in the past years, to go on those kinds of trips or even to eat in the kinds of restaurants that I had been eating.   I said that I was not trying to show off, and my spending a quite a bit of money on those kinds of consumption goods and even investments that I had made would have been beyond my other non-bitcoin income sources.

I said that I felt bad to have to reiterate the matter, and that those extravagances were a result of selling bitcoin... even though largely I still have most of the bitcoin that I had already had through the years, and my wealth continued to go up - even though he is a good friend, I never disclosed how many bitcoins with any kind of specificity.. so sure there could be some excuses since we never really got into those kinds of specifics regarding quantity of bitcoin that I had.. even though I had shared with him some of the ways to show him with specific examples how buying bitcoin at one price ends up having concrete purchasing power results at later dates.. so his under-the-breath accusation that bitcoin ONLY creates paper profits is incorrect and largely a product of his continuing to presume that land is the only kind of way to store value...

And, hey bitcoiners come to realize that bitcoin is way more liquid and mobile than land, and even if you cannot necessarily see bitcoin - like you might be able to see a piece of gold or to see a 40 acre plot of land, concrete results can come from bitcoin, too... including changes in lifestyle.. that just happen to NOT be land.. even though I had bought some property during that same time too.. and I told him that I had bought that property with cash.. and where the fuck would I have gotten that kind of money, if it were not for bitcoin?

for reason of market evaluation I was trying to find out when mEth is going pos.

I couldn't find anything definite, so I went on their site...  I had a good laugh  , it looks exactly like these fucking rug pull shitcoin sites...

Of course nothing about any time line, just a lot of empty promises and infantile nonsense..


(And no, I'm not posting a link to that shit into the WO)

Heh heh.... its coming sooner than people think

I thought that it was coming in 2016...

So there is that.

[ChartBuddy]

Explanation

[Blue King]

BTC