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

[ChartBuddy]

Explanation

[empowering]

Nonpartisan Money: Depolarizing Bitcoin

Do not shoot the messenger....

[...]

Do not fucking @ me with some blah blah attack on Ted.... not interested..... just sharing for prosperity, info and interest.

[...discussion of Cruz...]

That video was edited by an idiot.

Thanks for passing that along.  The editing by that random crypto-shill Youtube channel is blatantly dishonest.  No one with even the slightest sense of ethics would stitch together clips of words and phrases like that.

The very first result in a non-Google search finds the source:

• “Bitcoin and the American Experiment”, The Heritage Foundation, May 23, 2022.  Featuring Ted Cruz, Michael Saylor, Caitlin Long, and Cynthia Lummis.
• Original video (94 minutes):
  https://www.youtube.com/watch?v=hh-elIu_KPk
  

Better to spread links to the source than to the poorly-edited “please like muh crypto youtube channel” ripoff.

I don’t have time to watch this video (or any video), and I am generally uninterested in U.S. partisan politics.  Too bad, what’s going on there affects Bitcoin; and what I’ve seen in the headlines lately looks worrisome.  Perhaps I may peruse the video later.

Do not shoot the messenger....

[...]

just sharing for [posterity?], info and interest.

It’s sad to see this.

There have always been people from the left in Bitcoin.  I don’t recall ever having seen this type of apologizing or defensiveness for linking to their opinions about Bitcoin.

I don’t usually follow this type of stuff.  The apologizing is what caught my attention here.

Bitcoin is the most political form of money ever invented, but it is nonpartisan money with respect to modern partisan politics.  That is one of Bitcoin’s key strengths.  The polarization of Bitcoin would weaken it.

I think that everyone should feel welcome in Bitcoin.

Liberals who care about fairness, equality, and human rights, who want money without institutional biases—money that resists the imposition of structural biases.  I’m not surprised to see people in underprivileged countries reaching out to Bitcoin as a lifeline.

Conservatives who want sound money, fiscal responsibility, and individual freedom.  I’m not surprised to see the Heritage Foundation taking an interest in Bitcoin.

That’s not compromise.  It is a principle, and it is also political savvy.

Bitcoin is like the customary rules of international diplomacy:  It applies to friends and enemies alike, it benefits everyone, and it’s in everyone’s self-interest to accord this benefit to everyone else.

The polarization of Bitcoin could ruin that.

I do not see any "apologising" ...... think of it as pre-empting.... because I hate having to qualify and justify posts I make on here.... which, is a common thing, because certain members obsess about who said what and wen, and why , instead of just concentrating on the subject matter.....  I just could not be assed with having a conversation with some dullard that was to start shouting "TED CRUZ WANTS CHILDREN TO DIE" or some fucking nonsense like that.


ps, yeah the video edit was dogshit.... obviously but it was the video I saw, and shared as it got the gist, and I could not be bothered to go and find the originals


pps - I like Ted Cruz


ppps - I personally think that "the left" in America (and elsewhere) has turned insane, and corrupt, and insane .... probs not worth @ me about that opinion either. 

[Subbir]

still bullish on bitcoin...we shall go to that 38-42K, then see.

Let us pray.

Oke specially pray JayJuanGee, Biodom 🙏

JUST IN - Florida House candidate: My donors "don’t want to use U.S. dollars. They want to use #bitcoin." 🇺🇸

Source link: https://twitter.com/BitcoinMagazine/status/1532044503506362368


The US just line-up now focused on bitcoin BTC

[Gachapin]

Arthur tends to think the bottom is in ...

At the bottom, a typically impervious strong hand can be forced to sell because of uneconomical arrangements festering in their trading books. The LFG is such a seller. To puke 80,000 physical Bitcoin is quite a feat. After contemplating the nature in which these Bitcoins were sold, I am even more confident that the $25,000 — $27,000 zone for Bitcoin is this cycle’s bottom.

The market will stage impressive bear market rallies that traders nursing massive losses will sell into. Right now, many traders are sitting on positions that are down 50% to 90%. These traders are in a loss reduction mindset. They want to exit at a less bad price. They are not mentally primed to ship more capital in at these “bargain” prices. Therefore, any rally will be sold into, until the underbrush in the forest is clear and the diamond-handed apes can emerge safely from hibernation.

https://entrepreneurshandbook.co/shut-it-down-15d230b28089

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[bct_ail]

JUST IN - Florida House candidate: My donors "don’t want to use U.S. dollars. They want to use #bitcoin." 🇺🇸

Source link: https://twitter.com/BitcoinMagazine/status/1532044503506362368


The US just line-up now focused on bitcoin BTC

I would also like to use Bitcoin on my holiday in Florida. Preferably pay out directly from an ATM. But according to https://coinatmradar.com/, I first have to register with SMS, name and phone number first. As if I would want to. And I probably need an american phone number for that too.

[Torque]

Arthur tends to think the bottom is in ...

At the bottom, a typically impervious strong hand can be forced to sell because of uneconomical arrangements festering in their trading books. The LFG is such a seller. To puke 80,000 physical Bitcoin is quite a feat. After contemplating the nature in which these Bitcoins were sold, I am even more confident that the $25,000 — $27,000 zone for Bitcoin is this cycle’s bottom.

The market will stage impressive bear market rallies that traders nursing massive losses will sell into. Right now, many traders are sitting on positions that are down 50% to 90%. These traders are in a loss reduction mindset. They want to exit at a less bad price. They are not mentally primed to ship more capital in at these “bargain” prices. Therefore, any rally will be sold into, until the underbrush in the forest is clear and the diamond-handed apes can emerge safely from hibernation.

https://entrepreneurshandbook.co/shut-it-down-15d230b28089

This will be true of the stonk market as well, as any small bear market rallies will be sold into to recoup losses. But I've read that large institutional buyers are scooping up this market bottom like crazy. So choppy sideways will continue until all the weak-handed short term traders are exhausted and flushed out. Then it'll be onwards and upwards...

[Gachapin]

Arthur tends to think the bottom is in ...

At the bottom, a typically impervious strong hand can be forced to sell because of uneconomical arrangements festering in their trading books. The LFG is such a seller. To puke 80,000 physical Bitcoin is quite a feat. After contemplating the nature in which these Bitcoins were sold, I am even more confident that the $25,000 — $27,000 zone for Bitcoin is this cycle’s bottom.

The market will stage impressive bear market rallies that traders nursing massive losses will sell into. Right now, many traders are sitting on positions that are down 50% to 90%. These traders are in a loss reduction mindset. They want to exit at a less bad price. They are not mentally primed to ship more capital in at these “bargain” prices. Therefore, any rally will be sold into, until the underbrush in the forest is clear and the diamond-handed apes can emerge safely from hibernation.

https://entrepreneurshandbook.co/shut-it-down-15d230b28089

This will be true of the stonk market as well, as any small bear market rallies will be sold into to recoup losses. But I've read that large institutional buyers are scooping up this market bottom like crazy. So choppy sideways will continue until all the weak-handed traders are exhausted and flushed out. Then it'll be onwards and upwards...

I also think that big institutions will try to get a foot in the door before the real recession kicks in. Not much left to invest if you want to outpace inflation.

Would be great if there was reliable info about ongoing OTC trades and/or corresponding "order books"

[dragonvslinux]

Huge amount of long liquidations yesterday. Price now back to $30K. Market is now short again. Looks bullish.



No surprise that Bitfinex longs were unaffected, still 97% long.

[ChartBuddy]

Explanation

[HI-TEC99]

JUST IN - Florida House candidate: My donors "don’t want to use U.S. dollars. They want to use #bitcoin." 🇺🇸

Source link: https://twitter.com/BitcoinMagazine/status/1532044503506362368


The US just line-up now focused on bitcoin BTC

I would also like to use Bitcoin on my holiday in Florida. Preferably pay out directly from an ATM. But according to https://coinatmradar.com/, I first have to register with SMS, name and phone number first. As if I would want to. And I probably need an american phone number for that too.

Try looking through all the operators until you find one that doesn't want KYC.

These don't mention it.

https://coinatmradar.com/bitcoin_atm/11219/bitcoin-atm-trovemat-north-miami-exxon/

https://coinatmradar.com/bitcoin_atm/10667/bitcoin-atm-general-bytes-miami-chevron/

https://coinatmradar.com/bitcoin_atm/44566/bitcoin-atm-bitaccess-miami-diamonds-on-the-roc-smoke-shop/

https://coinatmradar.com/bitcoin_atm/39881/bitcoin-atm-chainbytes-miramar-food-fair-supermarket/

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[LFC_Bitcoin]

$30,000 definitely feels like the $6,000 point in 2018. We’re just here chilling, thinking this is the bottom & we can’t go any lower. I hope it is but if we test the lows I am going to buy with all I have.

Interesting times!

[empowering]

WHITE HOUSE TO CRAFT BITCOIN MINING POLICY ADDRESSING ENERGY USE: REPORT
The Biden administration is reportedly crafting policies intended to lower energy consumption and emissions from bitcoin mining.


https://bitcoinmagazine.com/business/white-house-to-reduce-bitcoin-energy-use-report




Oh gawd, what retarded bullshit is this going to be? crafted by the biggest joke administration of all of history, and by a bunch of wokeist ill  informed policy creators.... messing with something they have exactly zero understanding of.


Great.... this will be shitty af most likely.

[ChartBuddy]

Explanation

[DireWolfM14]

$30,000 definitely feels like the $6,000 point in 2018. We’re just here chilling, thinking this is the bottom & we can’t go any lower. I hope it is but if we test the lows I am going to buy with all I have.

Interesting times!

Zillow says my house is worth a fuck-ton more than I would ever pay for it.  Bitcoin feels underpriced (but I agree that it can go lower.)  Everything feels upside down, inside out.  

Thanks Joe Rogan!  

[cAPSLOCK]

WHITE HOUSE TO CRAFT BITCOIN MINING POLICY ADDRESSING ENERGY USE: REPORT
The Biden administration is reportedly crafting policies intended to lower energy consumption and emissions from bitcoin mining.


https://bitcoinmagazine.com/business/white-house-to-reduce-bitcoin-energy-use-report




Oh gawd, what retarded bullshit is this going to be? crafted y the biggest joke administration of all of history, and y a bunch of wokeist ill  informed policy creators.... messing with something they have exactly zero understanding of.


Great.... this will be shitty af most likely.

It will be no less than an attack.  Bitcoin screws with the plan.  They need to hobble it. 

It's cute they think they can.

[Gachapin]

We’re just here chilling, thinking this is the bottom & we can’t go any lower.

Nah, I think almost everyone here is aware that we indeed could go lower..


Question is if people want to wait for a possible 17k-25k price that might never happen. Or do they choose to buy for 27k-30k.... and how much does that even matter if when BTC goes into 100k-300k area.

I remember that there was also buying hesitation in the 3k area last time, because people were calling 2k, 1k BTC.. even sub 1k.

But yeah, let's see