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

[Hamza2424]

Just look at this Development
This is the reason that WO and most BTC holders are Worst Sellers.
They know the power of BTC.

[ChartBuddy]

Explanation

[Gachapin]

Adequate comment of Mow about Armstrong   


A Masterclass by Samson Mow on how to talk about bitcoin & make a distinction between btc & altcoins
https://www.youtube.com/watch?v=ytzcbXVWFz4


Full interview might be interesting as well:
https://www.youtube.com/watch?v=TcGpDksIuHs

[Gachapin]

That's a good one  



"#Bitcoin cannot defy gravity, says Bank of International Settlements

Bro… don’t make me be cruel 😂"
https://twitter.com/BTC_Archive/status/1539933783587274753?cxt=HHwWgoC-xcDn-N4qAAAA

[cygan]

[a1 Hashrate LLC2022]

Roosevelt in the 30's

Nixon in the 70's

and the Job was done.

We simply limped along on gimmicks from then on.

[ChartBuddy]

Explanation

[BitcoinBunny]

Hey, a fresh page without a Death Wish lecture.

[Torque]

OT: Another CNBC bitcoin article from the snarky lips of Jim Cramer himself.

You know, for a guy that flip-flops back and forth from hating Bitcoin, to thinking it's amazing, and then back to hating on it again, he sure does spend a lot of time air time commenting on it.  

Charts suggest bitcoin could rally over the next few months but likely won’t reach old highs, Jim Cramer says
https://www.cnbc.com/2022/06/22/charts-suggest-bitcoin-could-rally-over-the-next-few-months-but-likely-wont-reach-old-highs-jim-cramer-says.html

"According to DeMark, when you get a decline this ugly … it often does structural damage to the asset in question,” he said. "If you’re thinking long-term, DeMark says that it could take many years for bitcoin to come near its old highs, maybe even decades. It’s possible we’ll never see them again," he added."

You hear that Average Joe? The message is clear: if you are underwater, you might wanna sell at the next relief rally! Bitcoin will never see it's last ATH ever again!  /s

[eXPHorizon]

OT: Another CNBC bitcoin article from the snarky lips of Jim Cramer himself.

You know, for a guy that flip-flops back and forth from hating Bitcoin, to thinking it's amazing, and then back to hating on it again, he sure does spend a lot of time air time commenting on it.  

Charts suggest bitcoin could rally over the next few months but likely won’t reach old highs, Jim Cramer says
https://www.cnbc.com/2022/06/22/charts-suggest-bitcoin-could-rally-over-the-next-few-months-but-likely-wont-reach-old-highs-jim-cramer-says.html

"According to DeMark, when you get a decline this ugly … it often does structural damage to the asset in question,” he said. "If you’re thinking long-term, DeMark says that it could take many years for bitcoin to come near its old highs, maybe even decades. It’s possible we’ll never see them again," he added."

You hear that Average Joe? The message is clear: if you are underwater, you might wanna sell at the next relief rally! Bitcoin will never see it's last ATH ever again!  

You know how it is.. there is a Thin line between Love & Hate - Cats represent it very well

[ChartBuddy]

Explanation

[AnotherAlt]

Just look at this Development
This is the reason that WO and most BTC holders are Worst Sellers.
They know the power of BTC.

behind the scene:


Source: Internet

[eXPHorizon]

Just look at this Development
This is the reason that WO and most BTC holders are Worst Sellers.
They know the power of BTC.

behind the scene:


Source: Internet

[gappie]

Some calculations based on the prolific posting habits of JayJuanGee

Based on the profile of JJG he has made 25 491 posts to date at the time of this post.
With an estimated average word count of 400 words per post:
25 491 * 400 =  10 196 400 total words posted

Assuming an average typing speed of 40 words per minute:
10 196 400 / 40 =  254 910 minutes spend typing posts (Excludes time spent formatting posts and reading replies)
or 254 910 / 60 =  4 248.50 hours
or 4 248.50 / 24 = 177.02 days

JJG started posting on bitcointalk on 18 February 2014, or 3 047 days ago.
254 910 minutes / 3047 days = 83.66 minutes per day on average spent typing posts

A typical book has 300 words per page: The Bitcointalk book of JJG would be a monster at 10 196 400/400 = 25 491 pages long or 2.55 meters thick from front cover to back.

This is the definition of POW.

[Hamza2424]

Some calculations based on the prolific posting habits of JayJuanGee

Based on the profile of JJG he has made 25 491 posts to date at the time of this post.
With an estimated average word count of 400 words per post:
25 491 * 400 =  10 196 400 total words posted

Assuming an average typing speed of 40 words per minute:
10 196 400 / 40 =  254 910 minutes spend typing posts (Excludes time spent formatting posts and reading replies)
or 254 910 / 60 =  4 248.50 hours
or 4 248.50 / 24 = 177.02 days

JJG started posting on bitcointalk on 18 February 2014, or 3 047 days ago.
254 910 minutes / 3047 days = 83.66 minutes per day on average spent typing posts

A typical book has 300 words per page: The Bitcointalk book of JJG would be a monster at 10 196 400/400 = 25 491 pages long or 2.55 meters thick from front cover to back.

This is the definition of POW.

Nice try but not highly impressed 😁 Reason 400 Words and your assumption is Doubtful.

Impressed a little

Edited: By the way He is True Legend over here his contribution is appreciated

[gappie]

Some calculations based on the prolific posting habits of JayJuanGee

Based on the profile of JJG he has made 25 491 posts to date at the time of this post.
With an estimated average word count of 400 words per post:
25 491 * 400 =  10 196 400 total words posted

Assuming an average typing speed of 40 words per minute:
10 196 400 / 40 =  254 910 minutes spend typing posts (Excludes time spent formatting posts and reading replies)
or 254 910 / 60 =  4 248.50 hours
or 4 248.50 / 24 = 177.02 days

JJG started posting on bitcointalk on 18 February 2014, or 3 047 days ago.
254 910 minutes / 3047 days = 83.66 minutes per day on average spent typing posts

A typical book has 300 words per page: The Bitcointalk book of JJG would be a monster at 10 196 400/400 = 25 491 pages long or 2.55 meters thick from front cover to back.

This is the definition of POW.

Nice try but not highly impressed 😁 Reason 400 Words and your assumption is Doubtful.

Impressed a little

Edited: By the way He is True Legend over here his contribution is appreciated

I am hoping someone can parse the data and calculate an average word count per post. It might be even more than 400, although he might have become more wordy as the price of bitcoin increased over the years. A chart of JJG average monthly word count compared to the deviation from the 200wma might be insightful. 

[ChartBuddy]

Explanation

[BitcoinBunny]

OT: Another CNBC bitcoin article from the snarky lips of Jim Cramer himself.

You know, for a guy that flip-flops back and forth from hating Bitcoin, to thinking it's amazing, and then back to hating on it again, he sure does spend a lot of time air time commenting on it.  

Charts suggest bitcoin could rally over the next few months but likely won’t reach old highs, Jim Cramer says
https://www.cnbc.com/2022/06/22/charts-suggest-bitcoin-could-rally-over-the-next-few-months-but-likely-wont-reach-old-highs-jim-cramer-says.html

"According to DeMark, when you get a decline this ugly … it often does structural damage to the asset in question,” he said. "If you’re thinking long-term, DeMark says that it could take many years for bitcoin to come near its old highs, maybe even decades. It’s possible we’ll never see them again," he added."

You hear that Average Joe? The message is clear: if you are underwater, you might wanna sell at the next relief rally! Bitcoin will never see it's last ATH ever again!  /s

Except it's not only Bitcoin that has had a decline this ugly.

Facebook / Meta, Netflix, Peleton.

Some of which have seen bigger declines. Is he saying all these companies are dead in the water and will never rally again also? Why only Bitcoin?
It is much easier for me to acquire and hodl Bitcoin than a share in these companies.

If you had listened to these types of false prophets and say sold Amazon at the bottom after the dot com crash you would have shot yourself or the Jim Cramer type of false predictor in the face less than 20 years later.

"Agh, it's just an online bookstore, agh it's just a silly online asset like gold and superb robust cryptography behind it but with no intrinsic value. They had their fun, it's clearly over."

Sure....

[empowering]

Some calculations based on the prolific posting habits of JayJuanGee

Based on the profile of JJG he has made 25 491 posts to date at the time of this post.
With an estimated average word count of 400 words per post:
25 491 * 400 =  10 196 400 total words posted

Assuming an average typing speed of 40 words per minute:
10 196 400 / 40 =  254 910 minutes spend typing posts (Excludes time spent formatting posts and reading replies)
or 254 910 / 60 =  4 248.50 hours
or 4 248.50 / 24 = 177.02 days

JJG started posting on bitcointalk on 18 February 2014, or 3 047 days ago.
254 910 minutes / 3047 days = 83.66 minutes per day on average spent typing posts

A typical book has 300 words per page: The Bitcointalk book of JJG would be a monster at 10 196 400/400 = 25 491 pages long or 2.55 meters thick from front cover to back.

This is the definition of POW.

....and its 95% waffle.


I have often had the thought that he would make his point(s) far more effectively , by making his posts more succinct.

"if you can't explain it simply you don't understand it well enough"



 

[sirazimuth]

Hey, a fresh page without a Death Wish lecture.

Hey easy does it...you wouldn't want to hurt his precious widdle feewings...