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

[cAPSLOCK]

In my honest opinion, Bitcoin Bottom is already in. And if it's not yet, then there will be so much blood bath.
$30-$31k is a very critical spot to look at.

That is the most depressing thing I have seen all week.

[JimboToronto]

Image source

Are you aware that Cygan posted this same Little Hodler already and that he is the one who regularly posts them?

https://bitcointalk.org/index.php?topic=178336.msg60670719#msg60670719

More importantly, he at least had the decency to resize it. Your oversized images are getting really annoying.

[Biodom]

In my honest opinion, Bitcoin Bottom is already in. And if it's not yet, then there will be so much blood bath.
$30-$31k is a very critical spot to look at.

That is the most depressing thing I have seen all week.

Nope, it's just an abritrary wriggly line indicating someone's opinion (which are dime and dozen on trading view).
can it happen? sure.
What is the chance? If everything is approximately how it is now, then 1% or less.
If macro goes to s-t, then it is possible, but then EVERYTHING is possible.

[vapourminer]

That is the most depressing thing I have seen all week.

you mean the most depressing thing all week so far

[ImThour]

In my honest opinion, Bitcoin Bottom is already in. And if it's not yet, then there will be so much blood bath.
$30-$31k is a very critical spot to look at.

That is the most depressing thing I have seen all week.

Nope, it's just an abritrary wriggly line indicating someone's opinion (which are dime and dozen on trading view).
can it happen? sure.
What is the chance? If everything is approximately how it is now, then 1% or less.
If macro goes to s-t, then it is possible, but then EVERYTHING is possible.

What I see, I post. I saw Bitcoin going from $48k to $22k, I posted.
Now I am saying Bitcoin Bottom is in according to me, and If Bitcoin gets rejected from $30k, this shit can happen too.
Who knows? Time will tell.

[ChartBuddy]

Explanation

[Biodom]

In my honest opinion, Bitcoin Bottom is already in. And if it's not yet, then there will be so much blood bath.
$30-$31k is a very critical spot to look at.

That is the most depressing thing I have seen all week.

Nope, it's just an abritrary wriggly line indicating someone's opinion (which are dime and dozen on trading view).
can it happen? sure.
What is the chance? If everything is approximately how it is now, then 1% or less.
If macro goes to s-t, then it is possible, but then EVERYTHING is possible.

What I see, I post. I saw Bitcoin going from $48k to $22k, I posted.
Now I am saying Bitcoin Bottom is in according to me, and If Bitcoin gets rejected from $30k, this shit can happen too.
Who knows? Time will tell.

the wriggly lines are just wriggly lines without a context.
taken by itself the 2K number does not sound credible IF you don't delineate conditions of WHY or when it would happen.
IF bitcoin goes below 17.6K (without apocalyptic macro), then there are plenty of other supports before 2K, which is a COMPLETELY arbitrary number.
But, go ahead, post more wriggly lines (one of them just might be right).

[Paashaas]

Returned from a week vacation in Zeeland. Hired a condo near the North Sea.

Barely used the internet during that time.

Fishing, beach walks (with dogs), boat trip, quality conversations with a glass of wine in the evening and -what i loved- jogging on the beach early in the morning.

Empathizing with nature environment cleared my mind from daily bullshit, it has positive cognitive and mental health benefits. It's actually a personal obligation for all people to do that few times a year.
------------------------------------------------

Hubble vs Webb Cartwheel Galaxy.

[JayJuanGee]

Who do you think controls the supply, DeBeers for example? What dictates the price of Diamonds? Surely the cost of mining determines the rock bottom price regardless of its supply. You should move past Econ 101, maybe start with Dr. Seuss

Who controls the price of Bitcoin? Bitmain, Tether(Bitfinex, willyBot 2.0), and soon Intel

bitcoin no doesn't work like that.

Serious question to you then....What actually gives BTC a value in $...Be specific

You could not be serious.

Could you?


Could you?


What brings value to bitcoin is not the cost of mining all by itself.


Stop being such an ongoing simpleton PoolMinor.

 




If you want to argue that uie pooie got bitcoin all figured out in regards to its price moves and what makes it valuable in your various simpleton assessments, then you have the obligation to make such arguments and the burdens of providing evidence and logic to support your various simpleton conclusions. 

You are not likely to get very far with such arguments, and I doubt that very many of us in these here parts are interested in such simpleton explanations.

 

Should I give you a hint or not? 

I know that I am repeating myself, but even if we take the straight-forward essentials of the seven network effects that Trace Mayer outlined, mining is only a subset within one out of the seven of the network effects.. and you want to argue that mining is the pillar of bitcoin's value?  and that everything else in bitcoin is based upon mining? 

right?


right ?



rrrrrrrrrrrrrriiiiiiiiiigggggggghhhhhhhhtttt..

[ChartBuddy]

Explanation

[LFC_Bitcoin]

@mcshane_writes
it's rude to bring up #Bitcoin  unless a relevant topic comes up, such as

Inflation
Recession
Private property
Capitalism
Self improvement
Politics
Human rights
Energy
Supply chains
Food cost
Personal finance
Metaverse
Trust
Real estate
Web 2-5
Taxes
Freedom
Privacy
Tech
etc
https://twitter.com/mcshane_writes/status/1554443280200474624?s=21&t=ltWG9RPdeuhrBIEMfoqxGA


@BitcoinMagazine
91% of the 21 million #Bitcoin  supply has now been mined 🤯

Only 9% left to be mined over the next 118 years!
https://twitter.com/bitcoinmagazine/status/1554431384323866624?s=21&t=ltWG9RPdeuhrBIEMfoqxGA


@xpugHODL
IF YOU ARE SINGLE, UNMARRIED, AND YOUNG…

NOW IS THE TIME TO USE ALL EXCESS FUNDS ON #BITCOIN 

NO EXCUSES
https://twitter.com/xpughodl/status/1554381826730475520?s=21&t=ltWG9RPdeuhrBIEMfoqxGA

@xpugHODL
IM MARRIED BUT STILL USING ALL EXCESS FUNDS ON BITCOIN!
https://twitter.com/platelicker_21m/status/1554441866669588481?s=21&t=ltWG9RPdeuhrBIEMfoqxGA



@IIICapital
The world is desperately searching for a method to store wealth without counterparty risk.

Hint: It is Bitcoin.
https://twitter.com/iiicapital/status/1554454569886908419?s=21&t=ltWG9RPdeuhrBIEMfoqxGA


@DocumentingBTC
How sending a #dollar 💵  works:

👤 —> 🏦 —> 👤

How sending a #bitcoin  works:

👤 —> 👤
https://twitter.com/documentingbtc/status/1554526299984723968?s=21&t=ltWG9RPdeuhrBIEMfoqxGA


@SwanBitcoin
"WEF says you'll own nothing and be happy. #Bitcoin  says you'll owe nothing and be happy. Choose wisely.” - @EuroDale
https://twitter.com/swanbitcoin/status/1554519583289094144?s=21&t=ltWG9RPdeuhrBIEMfoqxGA


@BTCnHODL
I haven’t seen an ethical get rich opportunity for the average jo like #bitcoin  before. This is the opportunity. I’m taking it.
https://twitter.com/btcnhodl/status/1554439250430623750?s=21&t=ltWG9RPdeuhrBIEMfoqxGA

[JayJuanGee]

[edited out]

What I see, I post. I saw Bitcoin going from $48k to $22k, I posted.

Oh gaawd.. 

revise history much?

Now I am saying Bitcoin Bottom is in according to me,

Yes, dear sorcerer... wannabe

and If Bitcoin gets rejected from $30k, this shit can happen too.

Yes shit happens.

And, it can happen, too.

Who knows?

You do?  Is that the correct answer?    hahahahaha

Time will tell.

At least you wrote one agreeable idea in your post.   

[ChartBuddy]

Explanation

[PoolMinor]

Who do you think controls the supply, DeBeers for example? What dictates the price of Diamonds? Surely the cost of mining determines the rock bottom price regardless of its supply. You should move past Econ 101, maybe start with Dr. Seuss

Who controls the price of Bitcoin? Bitmain, Tether(Bitfinex, willyBot 2.0), and soon Intel

bitcoin no doesn't work like that.

Serious question to you then....What actually gives BTC a value in $...Be specific

You could not be serious.

Could you?


Could you?


What brings value to bitcoin is not the cost of mining all by itself.


Stop being such an ongoing simpleton PoolMinor.

 




If you want to argue that uie pooie got bitcoin all figured out in regards to its price moves and what makes it valuable in your various simpleton assessments, then you have the obligation to make such arguments and the burdens of providing evidence and logic to support your various simpleton conclusions. 

You are not likely to get very far with such arguments, and I doubt that very many of us in these here parts are interested in such simpleton explanations.

 

Should I give you a hint or not? 

I know that I am repeating myself, but even if we take the straight-forward essentials of the seven network effects that Trace Mayer outlined, mining is only a subset within one out of the seven of the network effects.. and you want to argue that mining is the pillar of bitcoin's value?  and that everything else in bitcoin is based upon mining? 

right?


right ?



rrrrrrrrrrrrrriiiiiiiiiigggggggghhhhhhhhtttt..

Back to ad hominin attacks because why? Because you don't have any real information it's all BS all the time wordy man......
BACK ON IGNORE you go.

[Gachapin]

China is much bigger military and economic power as compared to Russia. While Tiawan is very small compared to ukarine. There is no match of China and tiawan.
While usa somehow cut off Russia with rest of the world, it may not be the case with China.

Sorry for asking so much, but does that quote also relate to you and your posts in the WO?

[OutOfMemory]

Returned from a week vacation in Zeeland. Hired a condo near the North Sea.

Barely used the internet during that time.

Fishing, beach walks (with dogs), boat trip, quality conversations with a glass of wine in the evening and -what i loved- jogging on the beach early in the morning.

Empathizing with nature environment cleared my mind from daily bullshit, it has positive cognitive and mental health benefits. It's actually a personal obligation for all people to do that few times a year.
------------------------------------------------

Hubble vs Webb Cartwheel Galaxy.

At this scale and resolution, the images are both the same, just that the reddish pic at the end of the morph shows more h-alpha content (distant nebulas and galaxies) in foreground and background. Or was it some kind of joke i didn't get?

[ChartBuddy]

Explanation

[Biodom]

Returned from a week vacation in Zeeland. Hired a condo near the North Sea.

Barely used the internet during that time.

Fishing, beach walks (with dogs), boat trip, quality conversations with a glass of wine in the evening and -what i loved- jogging on the beach early in the morning.

Empathizing with nature environment cleared my mind from daily bullshit, it has positive cognitive and mental health benefits. It's actually a personal obligation for all people to do that few times a year.
------------------------------------------------

Hubble vs Webb Cartwheel Galaxy.

At this scale and resolution, the images are both the same, just that the reddish pic at the end of the morph shows more h-alpha content (distant nebulas and galaxies) in foreground and background. Or was it some kind of joke i didn't get?

no, bluish is Hubble, reddish is Webb, imho. one image "transforms" into another.
basically, interstellar dust absorbs UV and visible light, but does not absorb infrared, hence Webb's ability to "see through" better than Hubble in red/infrared.
I wonder if Webb could look at the Milky Way "arch". It should look quite different from what we used to, imho.
Not sure if it could take such panoramic view, though.

[ThemePen]

https://cointelegraph.com/news/bitcoin-traders-pinpoint-key-levels-to-watch-as-btc-price-tests-key-trendlines

[Toxic2040]

Returned from a week vacation in Zeeland. Hired a condo near the North Sea.

Barely used the internet during that time.

Fishing, beach walks (with dogs), boat trip, quality conversations with a glass of wine in the evening and -what i loved- jogging on the beach early in the morning.

Empathizing with nature environment cleared my mind from daily bullshit, it has positive cognitive and mental health benefits. It's actually a personal obligation for all people to do that few times a year.
------------------------------------------------

Hubble vs Webb Cartwheel Galaxy.

At this scale and resolution, the images are both the same, just that the reddish pic at the end of the morph shows more h-alpha content (distant nebulas and galaxies) in foreground and background. Or was it some kind of joke i didn't get?

how about now?


........



quite significant difference from what I can see... remember one is dust and visible light the other in the infrared
seeing the heat distribution and the expansion filaments of a image offers incredible insight into stellar formation theory  
JWST is a game changer