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

[hisslyness]

JJG is a veteran while death_wish is a newcomer

It's JJG himself on his alt....

I admit ImThour’s allegation that “death_wish” is an alt of JayJuanGee.

This one and only violation of my general policy is either my sarcastic way of thanking Jay for his public speculation on my identity, or reverse psychology to fool people into believing that “JayJuanGee” isn’t really my alt.  Damn it!  ImThour must be a genius to penetrate my disguise.

Feels like you two (ImThour/death_wish) need to hug it out!

[ChartBuddy]

Explanation

[AnotherAlt]

Is that LFC? or fillippone?

Crypto Bitcoin



Source: Internet

[Hamza2424]

Seems Interesting 🤔
BTC Historical Movement check points.

I am expecting Reset of BTC from 21k for next run

[Ludmilla_rose1995]

JJG is a veteran while death_wish is a newcomer

It's JJG himself on his alt....

I admit ImThour’s allegation that “death_wish” is an alt of JayJuanGee.

This one and only violation of my general policy is either my sarcastic way of thanking Jay for his public speculation on my identity, or reverse psychology to fool people into believing that “JayJuanGee” isn’t really my alt.  Damn it!  ImThour must be a genius to penetrate my disguise.

Feels like you two (ImThour/death_wish) need to hug it out!

both hug

[ChartBuddy]

Explanation

[Franctoshi]

https://twitter.com/Cointelegraph/status/1539635575602429952?t=Gqt6N7hS2FY69X7VzjMdAw&s=19

SEC commissioner Hester Peirce has spoken out against crypto company bailouts, arguing it’s actually better to “let these things play out,” to create a more sustainable industry. https://t.co/tdwYU905Z8


I support you Hester Peirce #Bitcoin doesn't need there bailout funds to bounce back, for this isn't the first we're having a down time and the market later bounced back without you guys bailout funds.
Therefore neither do we need it this time.

[sirazimuth]

Who keeps deleting WO posts?  Things are jumping around—again and again.  At this rate, WO’s page-count will soon dip below the Bitcoin price without any recovery in the latter.

Well, I'd venture to guess we could have page parity in one easy step.
....Just delete all your blah blah blah posts.... Win, win....

[cygan]

[ImThour]

Who keeps deleting WO posts?  Things are jumping around—again and again.  At this rate, WO’s page-count will soon dip below the Bitcoin price without any recovery in the latter.

Well, I'd venture to guess we could have page parity in one easy step.
....Just delete all your blah blah blah posts.... Win, win....

Indeed, that sounds like a good plan. Imagine having 2 JJG's on one single thread. Surely WO can't handle this much stress test.

[death_wish]

The Apocalypse is nigh.  Rivers turn to blood.  Quantum superimpositions threaten our bits.  I agree firmly with an SEC commissioner on a “crypto” issue.

@SBF_FTX, where is *my* bailout?  Will you refund to me my lost Bitcoin, plus all of the altcoins I wasted struggling to save it?

#moralhazard

“The Times Jun/2022 @SBF_FTX on brink of second bailout for scams, Ponzis, and bad business models”

https://twitter.com/Cointelegraph/status/1539635575602429952?t=Gqt6N7hS2FY69X7VzjMdAw&s=19

SEC commissioner Hester Peirce has spoken out against crypto company bailouts, arguing it’s actually better to “let these things play out,” to create a more sustainable industry. https://t.co/tdwYU905Z8

https://nitter.net/Cointelegraph/status/1539635575602429952?t=Gqt6N7hS2FY69X7VzjMdAw&s=19
Links to:

SEC’s Hester Peirce opposes crypto bailouts — SBF didn’t get the memo

[...]

The commissioner made it clear that she did not support bailouts for anyone in the crypto industry, particularly those that mismanaged risk and became over-leveraged.

[...]

Crypto whales to the rescue

FTX and Alameda Research founder Sam Bankman-Fried is taking a different approach and has been stepping in to rescue crypto companies struggling due to the market crash.

On Tuesday, Bankman-Fried informed his 706,900 Twitter followers that he and FTX will be injecting $250 million into BlockFi through a revolving credit facility to bolster its balance sheets and strengthen the platform.

[...list of more SBF/FTX/Alameda Research bailouts of failing companies...]

In an interview with Bloomberg on Wednesday, Anthony Scaramucci, founder of SkyBridge Capital, called the FTX CEO the “new John Pierpont Morgan,” in reference to the Wall Street financial baron who pledged his own money and convinced others to do the same to shore up the banking system during the 1907 Bankers’ Panic:

“He is bailing out cryptocurrency markets the way the original J.P. Morgan did after the crisis of 1907.”

Oh, fork.  That road led soon in 1913 to the Federal Reserve Act.

I support you Hester Peirce #Bitcoin doesn't need there bailout funds to bounce back, for this isn't the first we're having a down time and the market later bounced back without you guys bailout funds.
Therefore neither do we need it this time.

Not only is it not needed:  It practically guarantees worse in the future.

#moralhazard

[ChartBuddy]

Explanation

[Biodom]

Bugs that are the size of a Fingernail today would be the size of your Palm or even bigger in the Cretaceous era..

I thought it (high oxygen) was during Carboniferous about 300 mil years ago.
Cretaceous is when oxygen level was only 10-15%, apparently.
Cretaceous was suspected for high oxygen before, but now evidence points in other direction.
https://www.sciencedaily.com/releases/2013/11/131118081043.htm

also confirmed in:
https://en.wikipedia.org/wiki/Geological_history_of_oxygen

Overall, I have to say that there was a lot of contradiction in data before 2016.

[Ramiza]

Most likely we're going to consolidate in the $20K region for a while, and maybe get a relief bounce; but the overall crypto market is losing liquidity every single day.

While Sam at FTX may have saved a couple institutions from failing (which is unethical, im my opinion), by loaning them HUNDREDS of BILLIONS of dollars - thats only 2 out of the dozens of big players who are at risk of failing & dumping the BTC price lower.
https://youtu.be/l0On0QabigY

[eXPHorizon]

Bugs that are the size of a Fingernail today would be the size of your Palm or even bigger in the Cretaceous era..

I thought it (high oxygen) was during Carboniferous about 300 mil years ago.
Cretaceous is when oxygen level was only 10-15%, apparently.
Cretaceous was suspected for high oxygen before, but now evidence points in other direction.
https://www.sciencedaily.com/releases/2013/11/131118081043.htm

also confirmed in:
https://en.wikipedia.org/wiki/Geological_history_of_oxygen

Overall, I have to say that there was a lot of contradiction in data before 2016.

Indeed the Bugs in the great Carboniferious era were massive. However the Insects and Arthropods were huge in Cretaceous era as well. Like : Meganeuropsis Permiana


Which went extinct as soon birds came into existence.. It is just that Cretaceous era is mentioned a lot more since it probably had a wide variety of Life

However all beautiful creations of Life

[ChartBuddy]

Explanation

[OutOfMemory]

Who keeps deleting WO posts?  Things are jumping around—again and again.  At this rate, WO’s page-count will soon dip below the Bitcoin price without any recovery in the latter.

Well, I'd venture to guess we could have page parity in one easy step.
....Just delete all your blah blah blah posts.... Win, win....

Indeed, that sounds like a good plan. Imagine having 2 JJG's on one single thread. Surely WO can't handle this much stress test.

I sense sarcasm, and i am fairly good at using, but bad at recognizing it.
Whatever, have my two cents:

I'd rather have to read or scroll through discussions between three JJG's than the nonsense that permabears, beggars, attention whores and toxic morons leave in this thread.
It's easy and quick to check a JJG-sized post for interesting information and scroll through it if not satisfied, while it's a nightmare to scroll through many one-liners of nonsense or brainless rants, even if they show in the form of "This User is on your ignore list" maskings. I respect JJG and death_wish for being serious about their opinions, and i share their (obvious) favor for detail. That's much better than those testosterone-laden posting catfights.

Don't you agree?

EDIT: I don't use ignore lists for a reason. Freedom of speech.

 

[Biodom]

I was reading yesterday a couple of papers about animal sizes and it is quite amazing how the size of the same species, apparently, changes during time: almost by a factor of 2X or more. Small size usually correlates with higher temperatures and/or stress in the environment.

I also remember seeing a medieval adult armor in some museum (the argument would be that there was a lot of stress and less nutrition, probably, back then). It looked to fit to a current teen, no more than that.

Therefore, humans might "shrink" as well going forward IF temperatures would be rising (or some stress ensues).

As far as bitcoin is concerned, I still think that we would be mildly positive in the next 3-4 wks if no sudden bankruptcies happen.

[death_wish]

From January 2018, deserves credit:



Any earlier visual manifestations of this meme?  Though I don’t think anyone was talking about $100k before the 2017 rise and subsequent crash.  Well, not seriously—not non-marginally, in the sense of “you can say this in polite company without looking ridiculous”.  There have always been people who expected, or said that they expected what most others see as wildly outlandish numbers.  Still are.  A few may be visionaries, but most are sleazy attention-seekers.  That’s why McAfee did his showmanship with his infamous promise about $1 million.

Too bad the $100k number in the last panel has not changed in >4 years.

[ChartBuddy]

Explanation