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

[ChartBuddy]

Explanation

[Queentoshi]

FULL TIME!!! It hasn't been easy for hodlers.

[Biodom]

<snip>@chowcollection
They don’t want you to stay humble and stack sats. They want you to diversify into crypto, they want you to trade with 5x leverage, they want you to lend your #Bitcoin  for 6% yield. You tell them, Fuck off! This is *my* claim to the 21M supply! I’m HODLing it forever, you fucks!
https://twitter.com/chowcollection/status/1547253769066450945?s=21

I wouldn't mind that all loan-liquidated bitcoins would be proportionally distributed between hodlers, but, apart from that, bitcoin is already great.
Another proposal (also probably a bit wild): allow lending via smart contracts ONLY...no situation where you effectively give up control of your keys.
Not sure how to do this one though, as some people want to rent out their last shirt, it seems.

[empowering]

https://twitter.com/elonmusk/status/1547238325907513346?s=20&t=1rZm9dZ6Bj5TU5_3GaUQeQ

[empowering]

Also with BTC finding bottom in mind, I am still looking at this on the monthly (SLUT) and seeing where it is at in a few weeks at the start of August..... till it turns up, not convinced we have found a macro low (also again like Pi cycle there are only a few (4) iterations here too)

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[cAPSLOCK]

sauce: cAPSLOCK made it.

This is a thing of beauty:



And it's even still a higher low since the big dip.

22 inc?

[goldkingcoiner]

BREAKING: Celsius files for chapter 11 bankruptcy.

[Biodom]

Re Celsius...The only remaining question is whether it is an "honest" bankruptcy or not.
I hope for the former, but we would out that they hypotheticated the same bitcoin to multiple parties, then it would be something more serious.
For now, I would just assume that all of their equity, but not all deposits got wiped out by losses of 3AC, etc.
They 'supposed" to have 12 bil in deposits. the hope would be that some recovery would be possible, but it is a major bad event, no doubt about it.
For once, I am glad that now everyone would be simply hodling and/or trading and not trying to "generate yield". The side effect would be that exchange liquidity would probably drop quite a bit.

[ChartBuddy]

Explanation

[philipma1957]

I buy a lot of meat on line.

Where do you buy your meat online?

Is it cheaper than what you find in your grocery stores?

Well I get decent prices for brisket and for skirt stakes.

I like grassland beef.com

https://grasslandbeef.com/whole-brisket-475-lb-average 

https://grasslandbeef.com/skirt-steak


these prices can be lowered with coupons


I buy like 3 briskets and 12 skirt steaks.


I used to get lamb steaks but price has mooned on them.

We some times get this for lamb

https://grasslandbeef.com/lamb-shoulder-roast

they issue 15% coupons every other week

so a 300 USD  order drops to 255.

I have found these 3 products from them to beat all sellers in New Jersey near me.

Also my wife gets sick on lamb from most sellers in New Jersey and does not get sick on the lamb on this website.

Pork chicken turkey fish I do locally.

[philipma1957]

I buy a lot of meat on line.

Where do you buy your meat online?

Is it cheaper than what you find in your grocery stores?

Usually people buy meat online so they can get the big cuts for on the BBQ.
Not cheapest but the meat is better quality and not cut to small pieces.

that is the case for the brisket.

New Jersey ,New York, Pennsylvania demand a lot of brisket so lower quality beef brisket cost close to the online one. Plus like you said the online meat is a very good cut.

Phillie steak and cheese heros use skirt steak so the price is higher in my area than the online version and the online version tastes better.

The lamb cost more online than all the local supermarkets. But the local supermarket lamb gets my wife sick to her stomach and the online is good for her.  There are some brooklyn butchers with good lamb that my wife can eat but it is costly and the fucking tolls and gas are now nuts.

For me to go to brooklyn for a food run is 70 minute trip each way and 100 miles say 4-5 gals gas and tolls are over 40 so that's out.

We have a decent steakhouse we go to if we want a good t-bone or porterhouse.

[sirazimuth]

I love lamb.
I always check out the lamb cuts available at my local grocery store.
Today there were racks of lamb...6 lollipops for like 53 bucks...yikes! Ill pass on that one.
I usually go for the butterflied cut.
Nothing like a welsh lamb roast, albeit not available in US. Only when I'm in UK.
So usually I get New Zealand or Australian. Sometimes I can find local farm raised.
I roast it with lots of fresh garlic cloves and serve it slathered with Tesco mint sauce....
Awesome meal with roast potatoes, peas and extra thick Bisto lamb gravy.

[Biodom]

Chamath tries to explain things. Sounds a bit douche-baggy, but maybe it's just my view.
https://www.youtube.com/watch?v=9u5q7nDPbJY
Reminder: he is the dude who pushed the SPAC s-t onfolks.
Yet, some of his points are, perhaps, valid, as far as the mechanics is concerned.

Still, I don't get why he puts it on bitcoin when most (or at least a large part) of those dealings were in eth.
People did not read the contracts they were signing (while going ga-ga for "yield").

IMHO, insolvencies here are just the start. Wait until all those highly leveraged financial companies start to "pop" when IR approach 5%.

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[DaRude]

I love lamb.
I always check out the lamb cuts available at my local grocery store.
Today there were racks of lamb...6 lollipops for like 53 bucks...yikes! Ill pass on that one.
I usually go for the butterflied cut.
Nothing like a welsh lamb roast, albeit not available in US. Only when I'm in UK.
So usually I get New Zealand or Australian. Sometimes I can find local farm raised.
I roast it with lots of fresh garlic cloves and serve it slathered with Tesco mint sauce....
Awesome meal with roast potatoes, peas and extra thick Bisto lamb gravy.

Not Lamb chop?