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

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[Toxic2040]

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[Arriemoller]

Putin in his bunker right now. DAS WAR EIN BEFEHL!

[Arriemoller]

It's Sunday again
Ukraine kicking Russian ass
Glory to Ukraine

[Arriemoller]

The Balakliia-Izium-Kupiansk blitzkrieg, as per http://deepstatemap.com

https://mobile.twitter.com/EuromaidanPress/status/1568729644848791556?cxt=HHwWiICy3Z3Tn8UrAAAA

[ChartBuddy]

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[Hueristic]

Looks like the mEthtards tornado cash is not so private after all.

The people who pulled off the heist transferred 173,600 ethereum worth about $594 million at the time and $25.5 million in USDC stablecoin, making it one of the biggest cryptocurrency thefts ever.

https://arstechnica.com/information-technology/2022/09/feds-claw-back-30-million-of-cryptocurrency-stolen-by-north-korean-hackers/

[JayJuanGee]

Breaking... Crypto<fill in blank stupid username with #> noob posting twatter links on wob for merits.
Because I'm first!

This is not the first time you have seen this, nor the last time.
A lot of WO members have already explained why they merit those posts.
Some of them don't use Twitter at all. So, they don't mind seeing them on WO.
Some of them find that helpful news. But, The question is, Why noobs only?

I have made some explanations of my own meriting conduct, since I sometimes do merit some of these posts that have little to no original content, and many times if newbies are at least citing the source and the content is interesting, then I will send a merit, and I will be more inclined to send merits more frequently if they at least are making comments (which would include some kind of critical thinking analysis)

Not only on WO. There is some controversy happened on Reputation boards because some members use WO to earn more merits. There was a guy who complained against four members that belong to the same local community, and all of them used the same pattern to earn merits (Post Tweets and memes). I believe a lot of members already used WO to rank up (me too), and I don't see any problem as long as they are not shit posters and constructive. @dragonvslinux already explained his merit conduct too and here it is;

Personally I care much more about the value of posts, than the intent on posting, even if I do bare the OP's opinion in my mind and therefore sometimes I don't send merit because of this (WatChe comes to mind).

For example one of those users mentioned - Hamza2424 - I have sent merit a handful of times for charts mainly regurgitated from twitter. This for me is useful/vauable as I don't spend much time on twitter looking at charts or analysis, so WO helps to refine this process for me with other users posting what they consider to be the most relevant. As long as it has a source, I don't see any issue with that, and it remains useful for me.

Is it a very lazy form of posting, without adding much additional opinion yourself? For sure, and that's why I usually don't give more than +1 if the analysis isn't original. But doesn't make it less useful personally.

A few examples: 1 | 2 | 3 | 4. Note I'm also not the only one who finds these types of posts useful, or with value.

So far I think WO is an easier place for spammers to get merit without putting too much effort into improving the quality of their posts. They can post memes, some words or whatever just to get merit, but I'm not generalizing all users there are the same. It's just about some users who aren't really sincere about having a good discussion about bitcoin.

Could someone explain the difference (in terms of value) of a hat-wearing WO member regurgitating a chart or meme from twitter and getting 5-20 merits for it, compared to some newbie or low ranking member getting 1-4? Obviously the intent from WO regulars is rarely to gain merit (as most have enough), but I don't see how the post value is any different. Double standards come to mind here.

If others want to be "more careful" with who they send merit to, then you are more than welcome. Personally I'll merit what I find useful or of value to me, because I'm meriting a post not a user.

I stand with dragonvslinux, and I don't see any problem posting tweets and memes as long as they are related to Bitcoin. But, Still, I expect some constructive comments from them too.

Ok. Thanks.  I looked at that Samrean thread that you had linked above and some of the other threads that were referenced within Samrean's thread, and it does not hurt to take into account the various points of view of others - which I am probably not very off of your view and dragonvslinux's point of view.. even though I have some of my own personal nuances... which may well have some subjective angles to the matter and also even though I attempt to be somewhat transparent with aspects of my ways of considering to send smerits, I tend to try to NOT get too much into specifics in my thought process including acknowledging that there is a pretty damned wide-range of discretion in terms of how and when to dish out smerits and attempting to describe specifics may well end up causing me to remove some of my discretion when so far there is no basis for doing so (unless I devolved into causing my own self-imposed limitations - which I don't really want to go down that kind of a path).

Given what I know of Wyckoff, I believe we are in an accumulation.
$30k is the goal if this proceeds.
Do you agree with my rules?

I agree with you. Now I have to see when the $30k goes. Because the market situation is not yet understood. Fake pumps are now in the market. So traders can take a shot now and add their liquidity later. And it can be called a kind of bitcoin trap.

I am not really sure what all the rules mean, including the Wyckoff twat, but it seems to me that $30k is too close to $20k, and therefore we gonna be needing a bit more UPpity to be able to start to feel comfortable that the current $17,593 bottom - which may well either getting solidly above around $35k (which was the 100-week moving average at the time that the BTC price crossed below it in May) or alternatively perhaps we might need to get solidly above the current 100-week moving average which is currently a bit above $37.5k... sorry to have such high numbers.. and maybe we have just been burnt too many times in bitcoinlandia, and the trauma (shell-shock) ends up getting to some of us around some of the reluctances to start to feel too cock-sure about the bottom being "in."

The Inflation Reduction Act explained.....

https://mobile.twitter.com/leadlagreport/status/1568324920790114310

That's a pretty precise explanation - I must admit.

From 19k (Dec 2017) to 3k (Dec 2018).

From 11k(Nov 2020) to 67k (Nov 2021).

From 67k(Nov 2021) to 20k(Sep 2022).

If this can happen then this tweet can also be true in next five years.

Dan Held.. looking bearish in that tweet.   

[ChartBuddy]

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[mRTHroo]

Have you heard the thrilling information? The world now has a new Bitcoin beach! It is situated on 130 acres of private land in central Michigan and is the most northern Bitcoin beach community.

At Lake Satoshi, Bitcoin Beach North is situated at 42.9272437 latitude. You can locate Lake Satoshi and Bitcoin Beach North using Google Maps.



This is an incredible example of Bitcoin Beach. In winter, this Bitcoin Beach will freeze over and become a popular site for ice fishing! can be expected.

Ben, yet another Bitcoiner, put forth a tremendous amount of effort to make everyone feel welcome and informed during the first BBQ at Bitcoin Beach North event. At the age of 17, he first used Bitcoin, which served as his introduction to reliable money, in high school. Ben now assists with marketing and instruction

bitcoin 101: https://bitcoin101.io/

PF is the third person in the Bitcoin 101 triumvirate. PF and Smith collaborated throughout the 1990s, and Bitcoin brought them back together. The Michigan Plebeian Mesh Network and the Bitcoin 101 website are both maintained by PF.



The distance to significant Bitcoin landmarks and businesses is indicated on a sign post with an illustration. There was however one pointer that wasn't initially clear to the majority of folks. After much deliberation and discussion, some of us finally understood it.

Bitcoin Beach is located about 6 miles north of Lake Satoshi, Mike Smith is the owner of Bitcoin 101, a business that offers Bitcoin education and services out of an old bank facility in Ovid, Michigan.

The first bank he wanted to buy didn't sell to him because he was promoting Bitcoin! Smith, who was struggling, found a better building just five minutes from Bitcoin Beach North. And it worked because he was even more covert about his plans to convert it into a bitcoin instruction facility!



With bank deposit slips from the 1800s and an Ohio-made mechanical bank vault, the current structure is both a historical gem and a lesson in fiat banking. Currently, a network of mechanical and electronic locks is used to secure the vault.



Office of Bitcoin101: Locks on bank vaults.



Office of Bitcoin101: Bank vault doors.



Historical exhibits about past and present money are being built by Smith and his Bitcoin team. They run several Bitcoin mines that heat the office during Michigan's bitter winters.

Click to know details about this: Click

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[shahzadafzal]

NSFW Observer

[ChartBuddy]

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[shahzadafzal]

No surprise it’s similar to Dunning–Kruger effect



https://twitter.com/bjusty1/status/1568771551507398657?s=46&t=SmVbBmDhznqbpcpPzZz_Gw