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

[ChartBuddy]

Explanation

[JayJuanGee]

this report..its likely not great...but everyone knows this and I think it mostly priced in

I will have to dissagree with that, if the report is anywhere under 9.1% (which is very probable) then that's good news and the market will recover after.

+2 WOsMerits

you were correct....coming in at 8.5% surprised quite a few..myself included

i still think planning on and accepting a 9% loss on your wealth every year is unattainable

bitcoin fixes this

Actually a mixed investment in USA I bonds and BTC means you get a slight win on inflation if you stay in the 7.5 to 8.5% range.

My wife and I can do 20000 usd at 9.25% rate on I bonds and add 20,000 every year.

the I bonds tie to inflation. So my ‘cash,fiat’ is not dropping against inflation.
plus we hold btc,silve,doge in that order.

These numbers 8.5% work for us. Long term for btc looks rosy.

Protip: If you been in bitcoin since 2012, you should be doing way better than slightly winning against current levels of dollar devaluation.

Even if you ended up largely accumulating your BTC stash prior to September 2020, you also should be doing way the fuck better than "slightly winning" regarding your bitcoin stash as compared to the dollar.

Now, if you had been acquiring most or all of your BTC stash after September 2020, then surely you may well have more mixed results, and also if you are distracted by shitcoins, which you also seem to be, then that can also cause way more mixed results (aka underperformance of your BTC holdings and your overall holdings because you have not accumulated enough BTC in prior to September 2020 times)...

Also, another protip..just for your benefit. even if you did end up acquiring most or all of your BTC stash after September 2020, don't get trapped into thinking that shitcoins such as doge coin, silver and/or even variations of the dollar including but not limited to bonds, are going to help you out in any kind of meaningful way into the future.. so in that regard, drop that bullshit about that other crap that you have bought.. and consider that you still are way the fuck too under allocated to bitcoin..

It's too bad you have not figured out these things by now, and you are giving financial advices in these here parts?   

#justsaying..

your results may vary

do your own research

don't invest more than you can afford to lose

and all that other bullshit...   

[cAPSLOCK]

Source: https://twitter.com/DocumentingBTC/status/1557446067691610114?t=X0MIukIMP_xKxbonahNS7A&s=19

Lightning Network the Next level Engineering.

Yeah.. lighting is a failure. 

No way it can overcome all the issues it faces...  No way enough nodes can get set up.  No way enough channels ca..

Umm...

Well...

[JayJuanGee]

Today’s LightningNetwork⚡️capacity in Bitcoin (August 10, 2022)

What's that thing?

Is there a link to it?

just in case you haven't seen it yet...


If you want to know why Vitalik Buterin, the CEO of Ethereum, is having a psychotic breakdown and calling Michael Saylor a clown, watch this masterclass by Saylor on all the technical, economic, and ethical problems with Ethereum.
https://twitter.com/NeilJacobs/status/1553752187838382085

That clip is coming from another longer video, no?

Does anyone have the longer piece (or the whole presentation?)? 

The tweet mentioned that the clip was from a "master class"?

[ChartBuddy]

Explanation

[Gachapin]

Source: https://twitter.com/DocumentingBTC/status/1557446067691610114?t=X0MIukIMP_xKxbonahNS7A&s=19

Lightning Network the Next level Engineering.

Yeah.. lighting is a failure.  

No way it can overcome all the issues it faces...  No way enough nodes can get set up.  No way enough channels ca..

Umm...

Well...

Let's not forget: this growth rate is without real profit for the operators.  Imagine what will happen, when that changes...

[Gachapin]

Today’s LightningNetwork⚡️capacity in Bitcoin (August 10, 2022)

What's that thing?

Is there a link to it?

just in case you haven't seen it yet...


If you want to know why Vitalik Buterin, the CEO of Ethereum, is having a psychotic breakdown and calling Michael Saylor a clown, watch this masterclass by Saylor on all the technical, economic, and ethical problems with Ethereum.
https://twitter.com/NeilJacobs/status/1553752187838382085

That clip is coming from another longer video, no?

Does anyone have the longer piece (or the whole presentation?)?  

The tweet mentioned that the clip was from a "master class"?

Should be this one:

https://www.youtube.com/watch?app=desktop&v=B1PI7BCjopk

[tadamichi]

just in case you haven't seen it yet...


If you want to know why Vitalik Buterin, the CEO of Ethereum, is having a psychotic breakdown and calling Michael Saylor a clown, watch this masterclass by Saylor on all the technical, economic, and ethical problems with Ethereum.
https://twitter.com/NeilJacobs/status/1553752187838382085

Lmao, is there a place to see the psychotic breakdown?

Even if you ended up largely accumulating your BTC stash prior to September 2020, you also should be doing way the fuck better than "slightly winning" regarding your bitcoin stash as compared to the dollar.

Definitely, my domestic currency is already starting to lose value against the dollar heavily. For non-dollar users this effect is even more huge. Just because i went into Bitcoin prior to this date, im mostly unaffected by all the bs that was happening in the last years.

[ImThour]

BTC 2D Timeframe -

1. RSI Resistance Trendline broken.
2. Previously when 7 MA crossed 25 MA, we touched 100 MA which is @ $33k at the time of posting.
3. A huge cap is to be filled which means a big green dildo.

The only thing to worry about is Stochastic and MACD being bearish but after all, they are based on Price Action.

[Gachapin]

just in case you haven't seen it yet...


If you want to know why Vitalik Buterin, the CEO of Ethereum, is having a psychotic breakdown and calling Michael Saylor a clown, watch this masterclass by Saylor on all the technical, economic, and ethical problems with Ethereum.
https://twitter.com/NeilJacobs/status/1553752187838382085

Lmao, is there a place to see the psychotic breakdown?

Psychotic breakdown seems a bit exaggerated.

I think he talks about this tweet
https://twitter.com/VitalikButerin/status/1553563862942633984



However, meth-head Vitalik might know a thing or two about clowns...

[BobLawblaw]

[BitcoinBunny]

Regardless of chief clown Biden and his cameltoe clown buddy Harris claiming there was no inflation in July and now everything is fine, I am eagerly looking forward to when the fed will pivot later on this year.

Because it most definitely will after the recession will bite everyone in their backside more seriously than it is doing right now and when disastrous polling & mid term election results become clear.

That means money printers go brrr once again....

And Bitcoin goes back over 50K before the end of the year / early 2023.

The "inflation reduction act" is already a sign that at least half of the politicians don't care about inflation and will spend more pretending they can stop it, after spending caused it in the first place.

[ChartBuddy]

Explanation

[cAPSLOCK]

So, um @bob

Considering your love of the corn, and of the ... umm... corn hole?

I was thinking maybe you could explain this to me... but it is a great interview segment...



https://twitter.com/DocumentingBTC/status/1557403745830461442?s=20&t=osSbNKtN63OjrtV8YkUOog

[ChartBuddy]

Explanation

[BobLawblaw]

I was thinking maybe you could explain this to me... but it is a great interview segment...

Can't a dude just wear whimsical pants sometimes?

[cAPSLOCK]

I was thinking maybe you could explain this to me... but it is a great interview segment...

Can't a dude just wear whimsical pants sometimes?

https://youtu.be/QK8mJJJvaes

[cAPSLOCK]

[jojo69]

[ChartBuddy]

Explanation