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

[ChartBuddy]

Explanation

[1715221631]

1715221631

[1715221631]

1715221631

[1715221631]

1715221631

[1715221631]

1715221631

[empowering]

Should could be some chop today for BTC

[Ucy]

There is going to be strong movement this week, either up or down....and this will depend on tommorow.

*Whoever solves this #puzzle, could make alot of money from the price movement

[ImThour]

There is going to be strong movement this week, either up or down....and this will depend on tommorow.

*Whoever solves this #puzzle, could make alot of money from the price movement

Toss a coin, If Heads, It will go up. Else It goes down. This is what TA is for most of the people in here. Better find some other place to discuss this as they don't take it serious.

[JayJuanGee]

*Sigh* lawyers screwing up affecting my finances again. Get ready for the rocket if I have to sell some BTC to bridge the gap.

Readying the Bulls for the next run. Somebody be going to the moon.
https://preview.redd.it/fmnahlzbti191.gif?width=320&format=mp4&s=72dca95611b3763ca36d41989f8a34a77f91260d

I wonder why that seem dangerous to me?

Especially the guy in the back.. directly in the back.

Is the font changed or what? Why the forum looks weird to me.

Too many drugs in the 60s, perhaps?

I posted this link in some thread a couple of months ago, but I don't think anyone commented on it. It’s interesting to go a little through the history of how Bitcoin became a legal tender in El Salvador with the help of the guys from Tether, and how one altcoin lost that battle at the end of the race.

The crew doing the Bitcoin Bonds has been living it up in El Salvador, to great attention from the local press — people from iFinex, Samson Mow, Simon Dixon from BnkToTheFuture, and RT broadcaster and Bitcoin maximalist Max Keiser and his wife Stacy Herbert. [Elsalvador.com, in Spanish]

Max Keiser had suggested Bitcoin bonds to the government way back in June 2021. [El Faro, in Spanish]

Mow, Keiser and Herbert took a military helicopter, piloted by an El Salvador Air Force captain, to La Unión, the alleged future site of Bitcoin City. It doesn’t get much more libertarian than that. The local press coverage was not positive concerning the private partying on public funds. [Elsalvador.com, in Spanish]

Bukele brought companies in to work on the Bitcoin project based on whether they were politically reliable — without paying too much attention to competence.

The companies were mostly friends of Bukele’s long-standing “shadow cabinet,” who are associated with the Venezuelan opposition to Nicolás Maduro. Shadow cabinet leader Sara Hanna has advised Bukele since he was the mayor of Nuevo Cuscatlán, around 2012 to 2015. [El Faro, in Spanish; El Faro, in Spanish]

Hanna and cryptocurrency promoter Lorenzo Rey designed the Chivo network. Rey promoted the Dash altcoin for payments and remittances in Venezuela — though a lot of the Venezuelan merchants listed as accepting Dash couldn’t be verified as … existing at all. [George Donnelly]

A team from Cardano came to El Salvador in early 2020 to promote their minor altcoin ADA as a possible legal tender crypto, and negotiated up to mid-2021. Apparently, negotiations failed just a few weeks before Bukele’s big announcement about Bitcoin in June 2021 — and the whole project was scrapped.

https://davidgerard.co.uk/blockchain/2022/02/26/el-salvador-bitcoin-tether-buys-itself-a-country-and-why-chivo-sucks/

Various premises of the article in regards to failure of the bitcoin implementation in El Salvador and suggestions that Tether is buying a country .. are just nonsense...   premature to suggest failure of the bitcoin implementation (though a wet dream for the scaredy cat status quo bankers), and for sure there are going to be implementation issues.  

For some reason, I had not realized that Bukele had been in discussions with Cardano folks in late 2020 and into early 2021... .. Holy fucking shit, that would have been a disaster if he would have gone with pumping up  that scam pyramid scheme Cardano bullshit....... part of the ethereum scam has persisted so long because so many corrupt status quo folks are pumping money into it so they can print their own money and make all kinds of free money.. so makes the crap live longer when it should just die from its own multiple house of card smoke and screen rube goldberg apparatuses.. so in some sense, the failure of the Cardano negotiations in early 2021 show Bukele to at least not susceptible to that kind of pumping some bags of scammers nonsense.

Regarding how bitcoin has been implemented in El Salvador, we are lucky as fuck that there has been so much bitcoin focus within both how Bukele talks about the matter and he seems to have stayed true to his word.. and has not even come up with his own coin, yet (remember Miami coin?) .. and there seem to be quite a few instances in which Bukele has been rejecting various shitcoin propositions and/or other scammers.. remember when child star scammer Brock Pierce tried to get in on the early implementations, and so many true bitcoiners pointed out that Brock was an opportunist scammer.. so Bukele seemed to recognize/appreciate that information, too.. and did not allow Brock to get into his inner circles.. ...   so in quite a few ways, Bukele seems to be very aware of the difference between bitcoin and various shitcoins..

Could you imagine how much of a shitshow we would have had if Bukele did not have that level of bitcoin focus and conviction within his implementations.. and he would have been more of an "all coins are equal" cryptocurrency maximalist.. and foggy-ass ambiguous and muddled thinking like that?  By the way, Tether is not a shitcoin in the same light as various other shitcoins.. even though there are so many tendencies to throw Tether in the mix of supposed corruption.. blah blah blah nonsense..

Maybe Bukele would be more liked by the powers that be (especially the bankers) if he was into foggy thinking about equal opportunity all cryptos are alike and shitcoins.. hahahaha.

Should could be some chop today for BTC

Define "chop"

Below $28,500?

Below $27,000?

Below $25,401?

or something else?

Personally, I might start to pay attention if there is under $28,500.. but I would have some difficulties worrying without going below $27k.. and gosh getting down to $25,401 would make me a bit more worried.. even though not completely out of expectations.. but seeming a bit too bearish to happen so soon without something more dramatic .. like another Luna/Terra/Do Kwon level dump.. or some other bigger macro news.. of course, there remain concerns about bottoms falling out of various equities because of Fed interest rate policies.. so surely some of that could go negative and then pull on king daddy.. or maybe some other shitcoin explodes.. i suppose that could contribute towards dragging us into sub $25,401 BTC prices too..

[shahzadafzal]

There is going to be strong movement this week, either up or down....and this will depend on tommorow.

*Whoever solves this #puzzle, could make alot of money from the price movement

Toss a coin, If Heads, It will go up. Else It goes down. This is what TA is for most of the people in here. Better find some other place to discuss this as they don't take it serious.

Who says this??? Don’t spread fake news here….

You can ask ChartBuddy. Hey buddy tell him…!!!

[somac.]

Yet another school shooting in USA. WTF America. Get your shit together.

If you changed your gun laws this shit would stop.


Or better yet you can change "right to bear arms" to "right to arm bears" and that would make the world a much more interesting place

I don't live in the USA so my opinion is not relevant to citizens and voters. If I could vote over there I would probably mostly lean republican but the gun stuff I do think should be tackled regardless.
I can see the right to bear arms as a touchy subject and outright banning will never work and I wouldn't quite agree with.

Regardless, many of these mass shooters recently are in the 18-25 age range.
Not sure the initial stuff we've heard about this loser is true but apparently he bought the semi automatics on his 18th birthday.

They should ban buying guns (and also ban voting!) for anyone younger than 25. In concession the dems should agree on required voter ID.


What they've done in Scotland allowing voting for 16 and 17 year olds is also sick in the head if you ask me.
I'd like to see the age of voting increased in the west. Sure, I also thought I knew everything at 18-19 but I clearly didn't.

I know a lot of people consider the 2nd amendment essential to prevent government overreach, others want that right for personal protection.

I can understand both of those things. Regarding the government overreach perhaps an alternative would be to take control of the armed forces away from the government, put it in the hands of the people somehow. Then perhaps the 2nd amendment would not be necessary for at least that side of things.

Imagine how many wars the USA would be in if they needed a super majority of the peoples votes to actually deploy. Slim to none is my guess.

[aysg76]

How time flies and how far the whole bitcoin community has come in each aspect is astonishing like adoption, prices, support, usage and development of LN channels have taken bitcoin to next levels.

But if we look back then we realise it's win for us as bitcoiners:

📸 Oldest known #Bitcoin price chart from the market's oldest trading data provider

Bid: $0.30
Volume: $3.00
Date: May 25, 2010 ✨ https://t.co/f0csV4nrp9

Source: Twitter

See we still feel bad for prices ranging between $30k but if we have this perspective then we feel this will also pass.So stay strong bitcoiners .

The world is on verge of adopting bitcoin and soon the list is going to be filled with more:



So will see forward how they come up with regulations in the filing

[ChartBuddy]

Explanation

[Lucius]

Various premises of the article in regards to failure of the bitcoin implementation in El Salvador and suggestions that Tether is buying a country .. are just nonsense...   premature to suggest failure of the bitcoin implementation (though a wet dream for the scaredy cat status quo bankers), and for sure there are going to be implementation issues.

Maybe some things are a little overemphasized, but I am always in favor of a critical approach to things, rather than accepting anything that is served by the mainstream media. If you've read some of my posts about some claiming that Bitcoin is failing in El Salvador, then you know I think it's complete nonsense - less than a year has passed since Bitcoin was a legal tender in that country, with the fact that The US dollar in that same role for over 20 years.
  

For some reason, I had not realized that Bukele had been in discussions with Cardano folks in late 2020 and into early 2021... .. Holy fucking shit, that would have been a disaster if he would have gone with pumping up  that scam pyramid scheme Cardano bullshit....... part of the ethereum scam has persisted so long because so many corrupt status quo folks are pumping money into it so they can print their own money and make all kinds of free money.. so makes the crap live longer when it should just die from its own multiple house of card smoke and screen rube goldberg apparatuses.. so in some sense, the failure of the Cardano negotiations in early 2021 show Bukele to at least not susceptible to that kind of pumping some bags of scammers nonsense.

Few people know about these negotiations, and it's not that the media is too interested in it - I wonder if anyone ever mentioned on the forum that it happened. I don’t visit altcoins boards so I can’t say with certainty that’s not the case. It seems to me that Bukele accepted the proposal that promised him more (in every sense), and it is indisputable that the guys from the Tether team are much stronger players in financial terms.

Regarding how bitcoin has been implemented in El Salvador, we are lucky as fuck that there has been so much bitcoin focus within both how Bukele talks about the matter and he seems to have stayed true to his word.. and has not even come up with his own coin, yet (remember Miami coin?) .. and there seem to be quite a few instances in which Bukele has been rejecting various shitcoin propositions and/or other scammers.. remember when child star scammer Brock Pierce tried to get in on the early implementations, and so many true bitcoiners pointed out that Brock was an opportunist scammer.. so Bukele seemed to recognize/appreciate that information, too.. and did not allow Brock to get into his inner circles.. ...   so in quite a few ways, Bukele seems to be very aware of the difference between bitcoin and various shitcoins..

Bukele may not be 100% honest and sincere (like most politicians), but he is certainly not stupid to get into a game with a lower-level scammer or go to a one-way street called "El Salvador Coin". It's not problem (for me personally) that he accepted Bitcoin, but what's behind it all - because the people who worked to convince him that Bitocin is something better than altcoins are not the ones who believe in Bitcoin.

Could you imagine how much of a shitshow we would have had if Bukele did not have that level of bitcoin focus and conviction within his implementations.. and he would have been more of an "all coins are equal" cryptocurrency maximalist.. and foggy-ass ambiguous and muddled thinking like that?  By the way, Tether is not a shitcoin in the same light as various other shitcoins.. even though there are so many tendencies to throw Tether in the mix of supposed corruption.. blah blah blah nonsense..

Maybe Bukele would be more liked by the powers that be (especially the bankers) if he was into foggy thinking about equal opportunity all cryptos are alike and shitcoins.. hahahaha.

Tether is by definition stablecoin, but a lot of things are very non-transparent behind the company that created it, and which at one point publicly admitted that only 70% of USDT in the market is not backed with USD. The other 30% were reportedly backed up with something else, although they did not say exactly what. I’ve said before that stablecoins are the real Trojan horse that governments have when it comes to Bitcoin - given that most stablecoins can be frozen even in non-custodial wallets. If the Terra/Luna fiasco had a very negative effect on the crypto market, what would happen if one day serious investigations were launched against Bitfinex?

[philipma1957]

Yeah I lived here 30 years 1 earthquake.
I lived in New York City 30 years 1 earthquake
I lived in California 3 years 3 earthquake.

WoW!

30+30+3= 63 Years.

My mind poking me: Ask him how old is he. (LOL)

2022- 1957= 65

I spent 2 years of my Navy time on Westpac /Indian Ocean/Australia/Hawaii/Phillipines/Mauritius/Diego Garcia

[ImThour]

There is going to be strong movement this week, either up or down....and this will depend on tommorow.

*Whoever solves this #puzzle, could make alot of money from the price movement

Toss a coin, If Heads, It will go up. Else It goes down. This is what TA is for most of the people in here. Better find some other place to discuss this as they don't take it serious.

Who says this??? Don’t spread fake news here….

You can ask ChartBuddy. Hey buddy tell him…!!!

Glad you don't even know what TA Means. If you think ChartBuddy presents you a pie of TA, you better stop eating a pie.

[AnotherAlt]

WoW! Your voice is still heard so young (Judging from your YouTube video). I already guessed your age from your username after someone said you have already said it before. I thought only teenagers became Bitcoiners and most of the Bitcoiners were under 45y. I am glad to know that our community have a strong pillar like you. Long live Phillip M.A

[Copetech]

Yet another school shooting in USA. WTF America. Get your shit together.

If you changed your gun laws this shit would stop.


Or better yet you can change "right to bear arms" to "right to arm bears" and that would make the world a much more interesting place

I don't live in the USA so my opinion is not relevant to citizens and voters. If I could vote over there I would probably mostly lean republican but the gun stuff I do think should be tackled regardless.
I can see the right to bear arms as a touchy subject and outright banning will never work and I wouldn't quite agree with.

Regardless, many of these mass shooters recently are in the 18-25 age range.
Not sure the initial stuff we've heard about this loser is true but apparently he bought the semi automatics on his 18th birthday.

They should ban buying guns (and also ban voting!) for anyone younger than 25. In concession the dems should agree on required voter ID.


What they've done in Scotland allowing voting for 16 and 17 year olds is also sick in the head if you ask me.
I'd like to see the age of voting increased in the west. Sure, I also thought I knew everything at 18-19 but I clearly didn't.

Remember that the "news" is generally filled with sensationalism and clickbait generated by a faction of elitists with a clear agenda. There are thousands and thousands of untold stories of lives saved for every tragic event promoted by the MSM.

A key element often misunderstood by those not deeply acquainted with the nuance of 2nd amendment rights:
Laws only restrict those who abide by the law. In every instance, mass shooters are breaking the law. (Murder is in fact a Federal crime) The least of which being that in most cases their weapons are either illegally obtained or modified. Gun laws don't inhibit lawless monsters, they only restrict law abiding citizens in what they can do to protect themselves. But in all cases, a mass shooter is stopped instantly when they come to a good guy with a gun. There's a reason why a great majority of these events occur in "gun-free zones". Lunatics on a murder rampage, looking for their 15 minutes of fame, really don't want to take a chance on having a gun pointed at them before they get started good.

[hisslyness]

There is going to be strong movement this week, either up or down....and this will depend on tommorow.

*Whoever solves this #puzzle, could make alot of money from the price movement

Toss a coin, If Heads, It will go up. Else It goes down. This is what TA is for most of the people in here. Better find some other place to discuss this as they don't take it serious.

Who says this??? Don’t spread fake news here….

You can ask ChartBuddy. Hey buddy tell him…!!!

Glad you don't even know what TA Means. If you think ChartBuddy presents you a pie of TA, you better stop eating a pie.

Welcome to the Double Digit Bitcoin club! You are part of the double digit bitcoin club now?...

So you've bought 10, 20, 30 or 100 Bitcoins? You did go all in right? I mean with your superior TA skills and all... I hope you borrowed and max out all credit cards to #BTFD!

[ChartBuddy]

Explanation

[hisslyness]

Finally upgraded my LN Node to "LND 0.14.3-beta" and bitcoin-cpre 23.0

Was worried about database conversion issues as i was coming from 0.13 and there were many updates in between. Wasn't sure if i needed to step the upgrade or if i can go straight to the latest version. Documentations didn't mention anything about this, If needed to upgrade to 13.8->14.0->14.1 etc etc, so i assumed i didn't have to! We straight to the latest one!

Have also activated TOR and now running in Hybrid Mode. Both ClearNet and TOR! Which means i can finally initiate connects without having to ask TOR Nodes to add my node as a peer!

Makes participating in channel swaps more seamless!

Although one thing i have noticed, adding a peer via TOR is slower... not overly slow, but noticeably slower than ClearNet...

Routing seems to be very inconsistent over the last 2 weeks and the amount being router seems more consistent with someone spending (1,000 - 10,000SAT) rather than someone re-balancing (100,000+ SAT)... (i am assuming this, no real proof... but if it is, that a good thing!)

A few tips...

Compact your LN database.... use the following in your lnd.conf..

#[bolt]
db.bolt.auto-compact=true
db.bolt.auto-compact-min-age=0

Backup Backup Backup!

Store your unlock password somewhere! You are not going to memorize it! especially given the fact you only have to enter it when you restart your LN node... which in my case is almost never!

If you are looking at a hybrid model, and you have a minimal install of Linux... make sure you install tor daemon!!

LN Node Capacity: 430,447,220 SAT (~4.304 BTC)

Might follow bob and throw some more coins at it!

#LNMETA

[Hueristic]

*Sigh* lawyers screwing up affecting my finances again. Get ready for the rocket if I have to sell some BTC to bridge the gap.

Readying the Bulls for the next run. Somebody be going to the moon.
https://preview.redd.it/fmnahlzbti191.gif?width=320&format=mp4&s=72dca95611b3763ca36d41989f8a34a77f91260d

Looks more like they are getting prepped to be fucked to me!

[savetherainforest]

Finally upgraded my LN Node to "LND 0.14.3-beta" and bitcoin-cpre 23.0

Was worried about database conversion issues as i was coming from 0.13 and there were many updates in between. Wasn't sure if i needed to step the upgrade or if i can go straight to the latest version. Documentations didn't mention anything about this, If needed to upgrade to 13.8->14.0->14.1 etc etc, so i assumed i didn't have to! We straight to the latest one!

Have also activated TOR and now running in Hybrid Mode. Both ClearNet and TOR! Which means i can finally initiate connects without having to ask TOR Nodes to add my node as a peer!

Makes participating in channel swaps more seamless!

Although one thing i have noticed, adding a peer via TOR is slower... not overly slow, but noticeably slower than ClearNet...

Routing seems to be very inconsistent over the last 2 weeks and the amount being router seems more consistent with someone spending (1,000 - 10,000SAT) rather than someone re-balancing (100,000+ SAT)... (i am assuming this, no real proof... but if it is, that a good thing!)

A few tips...

Compact your LN database.... use the following in your lnd.conf..

#[bolt]
db.bolt.auto-compact=true
db.bolt.auto-compact-min-age=0

Backup Backup Backup!

Store your unlock password somewhere! You are not going to memorize it! especially given the fact you only have to enter it when you restart your LN node... which in my case is almost never!

If you are looking at a hybrid model, and you have a minimal install of Linux... make sure you install tor daemon!!

LN Node Capacity: 430,447,220 SAT (~4.304 BTC)

Might follow bob and throw some more coins at it!

#LNMETA

Too bad you are using Windows.     

[ChartBuddy]

Explanation