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

[ChartBuddy]

Explanation

[Torque]

OT: Ah there it is... MSM gaslighting about the benefits of working from home now. By corporations capping wages, it helps the Fed fight inflation!  

Remote work may be an unlikely ally in Federal Reserve’s inflation fight
https://www.cnbc.com/2022/07/15/how-remote-work-may-help-the-federal-reserve-fight-inflation.html

I don't get the relationship between remote work and wages, that must be a US specific thing.

When a job is doable remotely, companies don't really have a choice on the matter if they don't want to lose employees and have difficulty recruiting, unless they pay a lot more, that might be what they mean.

No. It is gaslighting.

U.S. corporations firmly resisted allowing work from home employees for a very long time, several decades in fact, because they claimed to lack the proper technology to monitor (aka spy) on exactly what their employees were doing all day. Also, they continued to beat the drum of "Being in the office fosters greater teamwork, team meetings, and collaboration."

Now that they don't care about true teamwork and collaboration anymore, want to actually downsize their employment staff, want to get rid of expensive office site building leases and all the other capital expenses that go along with it, and now have the means to spy and track everything their employees do remotely with company-provided computer terminals and VPNs, they NOW claim that they have no choice but to "allow employees to work from home." It's all bullshit gaslighting and spin.

It will now give them the advantages of capping employee pay, skipping yearly pay wage increases and/or bonuses, and even laying off employees without the other remaining employees talking about or noticing any changes (like they would if everyone congregated at an office building location).

All that will be spun and sold to the public as "The perks of working from home."   

Do you get it now?

[eXPHorizon]

Because i observe WO and Dips are mentioned all the time.. i imagine dipping...

[JayJuanGee]

Network Capitulation #BTC, The Worst Capitulation event ever in last 3 years what next..

SOPR = price sold / price paid

2011 Bottom, 0.93
2015 Bottom, 0.94
2018 Bottom, 0.91

Today, 0.91





Source: PlanC Twitter

Here's the link to the last one   https://twitter.com/TheRealPlanC/status/1548399443988295681?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet. .. for easy reference

https://vm.tiktok.com/ZMNuAbd8G/?k=1


Funny as fuck (crypto features)

I have a bit of a hard time with the believability of the about face after she saw the car..

I know people are weird, but that is really weird... ..  but people are weird sometimes..

Of course, the video and audio is too good for her to have not have asked about why is the guy filming blah blah blah..

[aesma]

OT: Ah there it is... MSM gaslighting about the benefits of working from home now. By corporations capping wages, it helps the Fed fight inflation!  

Remote work may be an unlikely ally in Federal Reserve’s inflation fight
https://www.cnbc.com/2022/07/15/how-remote-work-may-help-the-federal-reserve-fight-inflation.html

I don't get the relationship between remote work and wages, that must be a US specific thing.

When a job is doable remotely, companies don't really have a choice on the matter if they don't want to lose employees and have difficulty recruiting, unless they pay a lot more, that might be what they mean.

No. It is gaslighting.

U.S. corporations firmly resisted allowing work from home employees for a very long time, several decades in fact, because they claimed to lack the proper technology to monitor (aka spy) on exactly what their employees were doing all day. Also, they continued to beat the drum of "Being in the office fosters greater teamwork, team meetings, and collaboration."

Now that they don't care about true teamwork and collaboration anymore, want to actually downsize their employment staff, want to get rid of expensive office site building leases and all the other capital expenses that go along with it, and now have the means to spy and track everything their employees do remotely with company-provided computer terminals and VPNs, they NOW claim that they have no choice but to "allow employees to work from home." It's all bullshit gaslighting and spin.

It will now give them the advantages of capping employee pay, skipping yearly pay wage increases and/or bonuses, and even laying off employees without the other remaining employees talking about or noticing any changes (like they would if everyone congregated at an office building location).

All that will be spun and sold to the public as "The perks of working from home."   

Do you get it now?

But usually people still go to the office, just not every day. And these same tools we use to communicate for work, we can also use to communicate between employees. Admittedly, I haven't yet been invited to a remote meeting by unions, but they didn't make real meetings before either.

[ChartBuddy]

Explanation

[Rockstarguy]

Hodling bitcoin for the future is the way forward.

https://twitter.com/HODLneverSODL/status/1545392677490925568?t=pM5HoJhrXtzXWYkVbsbZnA&s=19

[cygan]

who is the next?

[Wakate]

My love for Bitcoin is massive!

My love for Bitcoin is becoming more addictive and like making me to stay out of altcoins even though the market falls again than the present level. Bitcoin is more safer now than many of these coins that are owned by greed devs that could at one time or the other make changes that could become detrimental to the entire project.

Bitcoin is an asset not just a digital currency

[goldkingcoiner]

[ChartBuddy]

Explanation

[Krubster]

I wonder how much of these failures are related to TOR. Also, given the fact TOR is still being DDoS'd since Jun 9th...

I'm hesitant to re-establish my node on clearnet.

I've expressed some concern with TOR being a net-negative for Lightning performance and adoption, but it's still not entirely clear to me; there is certainly value in running anon nodes.

EDIT: Set my fees for you and jeed to 0/10 for today - Will see if that does anything to improve the situation. Doubt it, but, like, science... and stuff...
EDIT2: I'm finding with this DDoS, sometimes it's helpful for me to just reboot the node entirely, to establish a fresh TOR circuit, and that usually helps... for a little bit...

You don't necessarily have to reveal your IP to run a node with both a clearnet and tor address.

A pretty popular solution for raspibolt and umbrel users is to set up a VPN-tunnel from a VPS with a static IP, to your node. I'm doing that as well. My clearnet address points to a server in Amsterdam, but the real location of my node is in a whole different country, only known to me.

Here are a couple of step-by-step guides how to set up one
https://github.com/Wired4ncer/lnd_via_vpn
https://github.com/TrezorHannes/vps-lnbits

Another option is the newly launched Tunnelsats service. They provide a VPS with a static IP. All you have to do is to open a VPN-tunnel with them and edit lnd.conf with the static IP provided by them.

[Hamza2424]

Did you have ever been through this situation.
Its like a Universal Lesson
When You think Different
You are called Fool
Actually
At that time You are the most BTCrilliant Person.

Then your success is Called 🤞 Luck / actually its Jealousy that they was Wrong.

[ChartBuddy]

Explanation

[Krubster]

I wonder how much of these failures are related to TOR. Also, given the fact TOR is still being DDoS'd since Jun 9th...

I don't think any of those failures are because of TOR btw. The failures are all on my side. I don't have enough sats on my side to complete the forwards to you. I'm just missing out of a lot of routing events with you because I don't have the funds on my side of the channel.

I just meant to point out that there is a strong demand to route sats your way, which is a good thing I guess.

[JayJuanGee]

Anyways, sunshine is calling....  too nice to be sat at a screen.

PEACE.

Don't go..   

I was just getting accustomed to uie-pooie.

Gold also has some decently BIG issues with verifiability, too.

Do you mean when it's handled to you, how do you know it's pure gold ?

Yeah I would trust some institutions I guess but aside from that... Then you have to hide it somewhere and worry about it. It's only somewhat useable in the form of coins or mini bars and you overpay greatly for these compared to the spot price...

Looking for this I just discovered goldback notes, never heard of that before :

 

I don't know how to verify gold exactly without melting it down.. and then there are problems with melting it down for sure.. so it ends up going back to trust with the various stamps on the gold and from where the pieces came.. so then if they are getting exchanged a lot (because these are stamped pieces, that does not seem to be very divisible).

The ONE BIG problem with verifiability is not just on its own as the only problem because it then overlaps with the various other traits.. even if we could have various sizes of verified gold (would that even be practical?)..

Bitcoin solves so many of those gold problems all at once.. so why even fuck around with gold.. unless the Armageddon hits. and even then.. i question the practicality of preparing for Armageddon.. even though it has begun to seem way more likely that Armageddon could come since early 2020 as compared to its seemingly lower odds of coming prior to our revelations about the levels of pure vacuousness and precariousness of the world since early 2020.

What is crypto and it's markets?  Does it relate to king daddy or to my lil precious in any kind of meaningful/relevant way?

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[philipma1957]

buddy been blocked and been ignored.

[tadamichi]

I don't know how to verify gold exactly without melting it down.. and then there are problems with melting it down for sure.. so it ends up going back to trust with the various stamps on the gold and from where the pieces came.. so then if they are getting exchanged a lot (because these are stamped pieces, that does not seem to be very divisible).

The ONE BIG problem with verifiability is not just on its own as the only problem because it then overlaps with the various other traits.. even if we could have various sizes of verified gold (would that even be practical?)..

There’s more to that. Gold coins given out by governments can simply be debased or ultimately abandoned, if they become tired of hard money. You will likely need some mint they choose. Also in a gold standard their reserves can start to get depleted by foreign countries etc, because they have to make bills redeemable. It’s just a whole complicated mess again that failed for a reason. It won’t protect individuals like Bitcoin, that’s for sure.

To add to the verifiability problem: there’s gold bars with some protective packaging that should serve as a certificate for being real, but they can easily be faked and also then you have to trust the mint even more, as you won’t even be able to touch it anymore. So it’s a double mess.

Bitcoin solves so many of those gold problems all at once.. so why even fuck around with gold.. unless the Armageddon hits. and even then.. i question the practicality of preparing for Armageddon.. even though it has begun to seem way more likely that Armageddon could come since early 2020 as compared to its seemingly lower odds of coming prior to our revelations about the levels of pure vacuousness and precariousness of the world since early 2020.

I doubt that in an armageddon gold makes a difference. You can’t eat or drink it and so can’t other people. Running around with a lot of gold would also be heavy, dangerous and a waste, when you’re on the hunt for real resources. You can only realistically make a few payments cuz u can’t divide it. And resources like food, water, weapons will probably be trading for a lot more. In nature your best bet is having a group, not some metal.